Download the 2009 annual report in PDF format - ANF
Download the 2009 annual report in PDF format - ANF
Download the 2009 annual report in PDF format - ANF
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ANNUAL FINANCIAL<br />
STATEMENTS<br />
Pursuant to Article 28 of European Commission Regulation (EC) No 809/2004 <strong>the</strong> follow<strong>in</strong>g are <strong>in</strong>cluded by reference <strong>in</strong> this<br />
Registration Document:<br />
• <strong>the</strong> <strong>ANF</strong> <strong>annual</strong> fi nancial statements for <strong>the</strong> fi scal year<br />
ended December 31, 2008, along with <strong>the</strong> related<br />
Statutory Auditors’ Report, <strong>in</strong>cluded <strong>in</strong> Section IV on<br />
pages 166 to 185 and 186 to 187 of <strong>the</strong> Registration<br />
Document fi led with <strong>the</strong> AMF on April 30, <strong>2009</strong> under<br />
number R. 09-041, and<br />
ANNUAL FINANCIAL STATEMENTS<br />
FOR THE FISCAL YEAR ENDED<br />
DECEMBER 31, <strong>2009</strong> 154<br />
Balance sheet at December 31, <strong>2009</strong> – Assets<br />
Balance sheet at December 31, <strong>2009</strong> –<br />
154<br />
Total liabilities and equity 155<br />
Income statement 156<br />
NOTES TO THE FINANCIAL<br />
STATEMENTS 157<br />
Highlights of <strong>the</strong> fiscal year 157<br />
− Acquisitions and <strong>in</strong>vestments 157<br />
− Disposals 157<br />
− F<strong>in</strong>anc<strong>in</strong>g 158<br />
− Tax 158<br />
Change <strong>in</strong> account<strong>in</strong>g methods 158<br />
Events after <strong>the</strong> balance sheet date 158<br />
Account<strong>in</strong>g policies and methods 158<br />
− Intangible assets 158<br />
− Property, plant and equipment 158<br />
− Haussmann-style properties 158<br />
− Hotel properties 159<br />
− Legal revaluation 159<br />
− Changes <strong>in</strong> fair value of property 159<br />
− Equity hold<strong>in</strong>gs 159<br />
�<br />
• <strong>the</strong> <strong>ANF</strong> <strong>annual</strong> fi nancial statements for <strong>the</strong> fi scal year<br />
ended December 31, 2007, along with <strong>the</strong> related<br />
Statutory Auditors’ Report, <strong>in</strong>cluded <strong>in</strong> Section IV on<br />
pages 178 to 197 and 198 to 199 of <strong>the</strong> Registration<br />
Document fi led with <strong>the</strong> AMF on April 25, 2008 under<br />
number R. 08-034.<br />
− Trade receivables 159<br />
− Consolidat<strong>in</strong>g company 159<br />
Additional <strong>in</strong><strong>format</strong>ion 160<br />
STATUTORY AUDITORS’ REPORT<br />
ON THE ANNUAL<br />
FINANCIAL STATEMENTS 178<br />
I – Op<strong>in</strong>ion on <strong>the</strong> <strong>annual</strong> f<strong>in</strong>ancial statements 178<br />
II – Basis for our assessment 178<br />
III – Specific checks and disclosures 179<br />
OTHER GENERAL INFORMATION PRO FORMA FINANCIAL INFORMATION ANNUAL FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS INFORMATION ABOUT <strong>ANF</strong> DESCRIPTION OF THE BUSINESS<br />
BUSINESS<br />
THE OF<br />
Contents<br />
DESCRIPTION <strong>ANF</strong> ABOUT INFORMATION STATEMENTS FINANCIAL CONSOLIDATED STATEMENTS FINANCIAL ANNUAL INFORMATION FINANCIAL FORMA PRO INFORMATION GENERAL<br />
<strong>ANF</strong> • <strong>2009</strong> ANNUAL REPORT 153 OTHER