Download the 2009 annual report in PDF format - ANF

More documents

Recommendations

Info

176 ANNUAL FINANCIAL STATEMENTS Notes to the fi nancial statements Note 19 Subsidiaries and investments (€ thousands) ANF • 2009 ANNUAL REPORT Value of shares % owned Share capital Shareholders’ equity Net income Revenues SGIL 1,330 63.5% 2,090 5,200 11,797 816 ANF République 10 100.0% 10 10 - - SCCV 1-3 rue d’Hozier - 45.0% 1 (222) (218) - TOTAL 1,341 2,101 4,988 11,579 816 Note 20 Associates (€ thousands) Non-current fi nancial assets Other receivables Trade payables Other liabilities Financial income Other external purchases and expenses Financial expenses SGIL - 103 435 9,500 10 388 - ANF République - - - - - - - SCCV 1-3 rue d’Hozier - 766 1,450 - - 7,864 62 TOTAL - 869 1,885 9,500 10 8,252 62 Note 21 Revenues Breakdown of rental income (€ thousands) 12/31/2009 12/31/2008 Lyons 15,458 14,298 Marseilles 18,155 16,006 Total Haussmann-style properties 33,613 30,304 B&B Hotels 30,938 28,216 TOTAL RENTAL INCOME 64,551 58,520 � Contents OTHER GENERAL INFORMATION PRO FORMA FINANCIAL INFORMATION ANNUAL FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS INFORMATION ABOUT ANF DESCRIPTION OF THE BUSINESS
Note 22 Extraordinary items ANNUAL FINANCIAL STATEMENTS Notes to the fi nancial statements (€ thousands) 12/31/2009 12/31/2008 Gain on disposals of properties 4,416 - Depreciation, amortisation & provisions (887) (121) Other extraordinary income and expenses 279 (1,029) NET EXTRAORDINARY INCOME (EXPENSE) 3,808 (1,150) Note 23 Sources and uses of funds (€ thousands) 12/31/2009 12/31/2008 Uses Dividends paid 6,357 30,807 Revaluation of property, plant and equipment - 17,960 Investment in property, plant and equipment and intangible assets 112,727 121,744 Investment in non-current fi nancial assets 319 562 Repayment of borrowings 3,427 32,022 Increase in liquid assets and investment securities 7,610 865 TOTAL USES 130,440 203,961 Sources Increase in shareholders’ equity - 14,479 Cash fl ow 41,348 30,771 Proceeds from disposal of property, plant and equipment and intangible assets 51,233 - Disposal or reduction of non-current fi nancial assets - - Increase in debt 73,228 110,384 Investment grants received 440 203 Change in surplus working capital (35,809) 48,124 TOTAL SOURCES 130,440 203,961 � Contents ANF • 2009 ANNUAL REPORT 177 OTHER GENERAL GENERAL INFORMATION PRO FORMA FINANCIAL INFORMATION ANNUAL ANNUAL FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL FINANCIAL STATEMENTS INFORMATION ABOUT ANF DESCRIPTION OF OF THE BUSINESS
Page 1 and 2:
egistration document 2009
Page 3 and 4:
2009 Annual Report � The Registra
Page 5 and 6:
DESCRIPTION OF THE BUSINESS 1. PROF
Page 7 and 8:
of listed real estate companies hav
Page 9 and 10:
Furthermore, as part of its asset r
Page 11 and 12:
DESCRIPTION OF THE BUSINESS Propert
Page 13 and 14:
7. Lyons at the heart of the old ci
Page 15 and 16:
ANF’s goal is to maintain the hig
Page 17 and 18:
ANF had the following real estate a
Page 19 and 20:
To return the buildings to their fo
Page 21 and 22:
9.3 Committed and secured developme
Page 23 and 24:
DESCRIPTION OF THE BUSINESS (€ th
Page 25 and 26:
A new ANF tenant in the cities of L
Page 27 and 28:
13. Key Figures SIMPLIFIED INCOME S
Page 29 and 30:
1. INCOME FROM OPERATIONS 28 1.1 Fa
Page 31 and 32:
The ILC index applies to leases sig
Page 33 and 34:
sales of €29.7 million and partia
Page 35 and 36:
• property held for sale worth
Page 37 and 38:
Income statement Net income in 2009
Page 39 and 40:
1.4 Financial structure Consolidate
Page 41 and 42:
1.5 Events occurring after the bala
Page 43 and 44:
Name and age Bruno Keller Age: 55 C
Page 45 and 46:
Members of the Supervisory Board 1.
Page 47 and 48:
Name and age Delphine Abellard (1)
Page 49 and 50:
Name and age Sébastien Bazin* Age:
Page 51 and 52:
Name and age Jean-Luc Bret Age: 63
Page 53 and 54:
Name and age Alain Lemaire* Age: 60
Page 55 and 56:
Name and age Henri Saint Olive Age:
Page 57 and 58:
INFORMATION ABOUT ANF 2.2 Declarati
Page 59 and 60:
Members of the Executive Board and
Page 61 and 62:
Ghislaine Seguin, Member of the Exe
Page 63 and 64:
Members of the Executive Board and
Page 65 and 66:
INFORMATION ABOUT ANF Corporate gov
Page 67 and 68:
TABLE 5: STOCK OPTIONS EXERCISED BY
Page 69 and 70:
Stock options are granted during th
Page 71 and 72:
down into €21,783,916.96 charged
Page 73 and 74:
Accordingly, the new purchase price
Page 75 and 76:
3 Risk management, risk factors and
Page 77 and 78:
Risks related to information system
Page 79 and 80:
Since June 1, 2006, lessors are req
Page 81 and 82:
3.5 Risks related to B&B Hotels Gro
Page 83 and 84:
2007 INFORMATION ABOUT ANF Voting r
Page 85 and 86:
Pursuant to the regulations in effe
Page 87 and 88:
5. Sustainable development 5.1 Huma
Page 89 and 90:
INFORMATION ABOUT ANF Reports and i
Page 91 and 92:
otherwise exercisable, immediately
Page 93 and 94:
The maximum purchase price per shar
Page 95 and 96:
4. resolves that this delegation of
Page 97 and 98:
e retroactive, from which the new s
Page 99 and 100:
up to the limits set out by applica
Page 101 and 102:
The extraordinary resolutions propo
Page 103 and 104:
Page 105 and 106:
website (www.medef.fr) (“Code de
Page 107 and 108:
The Statutory Auditors were duly in
Page 109 and 110:
• liabilities or similar instrume
Page 111 and 112:
analysis of turnover by supplier, e
Page 113 and 114:
Within ANF, a profi t-sharing agree
Page 115 and 116:
Page 117 and 118:
Page 119 and 120:
Page 121 and 122:
CONSOLIDATED FINANCIAL STATEMENTS I
Page 123 and 124:
CONSOLIDATED BALANCE SHEET - TOTAL
Page 125 and 126:
STATEMENT OF CHANGES IN SHAREHOLDER
Page 127 and 128: Detailled contents HIGHLIGHTS OF TH
Page 129 and 130: using the fair value convention. In
Page 131 and 132: As of December 31, 2009, fi ve buil
Page 133 and 134: A review of the rental base for fi
Page 135 and 136: d) Stock option plan granted in 200
Page 137 and 138: Earnings per share (IAS 33) Basic e
Page 139 and 140: CONSOLIDATED FINANCIAL STATEMENTS N
Page 141 and 142: Note 2 Receivables maturity schedul
Page 143 and 144: ANF’s former Chief Operating Offi
Page 145 and 146: Note 10 Covenants With respect to l
Page 147 and 148: Note 14 Associates CONSOLIDATED FIN
Page 149 and 150: Note 16 Earnings per share CONSOLID
Page 151 and 152: Note 20 Interest rate risk exposure
Page 153 and 154: III - Specifi c checks and disclosu
Page 155 and 156: ANNUAL FINANCIAL STATEMENTS Pursuan
Page 157 and 158: Balance sheet at December 31, 2009
Page 159 and 160: Notes to the financial statements D
Page 161 and 162: espect of which depreciation period
Page 163 and 164: The real estate assets break down b
Page 165 and 166: Non-current fi nancial assets (€
Page 167 and 168: Note 8 Change in shareholder’s eq
Page 169 and 170: Note 10 Debt maturity schedule (€
Page 171 and 172: Note 14 Covenants With respect to l
Page 173 and 174: Note 16 Headcount As of December 31
Page 175 and 176: Stock option plan granted in 2007 D
Page 177: Stock option plan granted in 2009 D
Page 181 and 182: III - Specifi c checks and disclosu
Page 183 and 184: PRO FORMA FINANCIAL INFORMATION �
Page 185 and 186: OTHER GENERAL INFORMATION 1. PERSON
Page 187 and 188: Statutory Auditors’ fees TABLE OF
Page 189 and 190: If the ownership threshold is not m
Page 191 and 192: OTHER GENERAL INFORMATION Other inf
Page 193 and 194: 3.2 Share capital Number of shares
Page 195 and 196: violation of these Articles of Asso
Page 197 and 198: to a specifi c situation, or conver
Page 199 and 200: or vote on the project in question
Page 201 and 202: OTHER GENERAL INFORMATION Other inf
Page 203 and 204: 5.6 History Important events in the
Page 205 and 206: In accordance with RICS rules, we w
Page 207 and 208: • Three assets are under fi nance
Page 209 and 210: OTHER GENERAL INFORMATION Contacts
Page 211 and 212: OTHER GENERAL INFORMATION Contacts
Page 213 and 214: OTHER GENERAL INFORMATION Concordan
Page 215 and 216: OTHER GENERAL INFORMATION Concordan
Page 217 and 218: OTHER GENERAL INFORMATION � Conte
Page 220: Head office : 32, rue de Monceau -
show all

Download the 2009 annual report in PDF format - ANF

Create successful ePaper yourself

Delete template?

Save as template?