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52 INFORMATION ABOUT ANF Corporate governance Name and age Philippe Monnier* Age: 67 Member of the Supervisory Board Jean-Pierre Richardson Age: 71 Member of the Supervisory Board (*) Independent member ANF • 2009 ANNUAL REPORT End date Date of initial of t erm appointment of offi ce Main position held excluding ANF May 4, 2005 2011 Manager of Groupe BEG (SARL) May 14, 2008 2014 Chairman and Chief Operating Offi cer of SA Joliette Matériel Other offi ces and positions held in other companies as of December 31, 2009 Management experience Positions and offi ces currently held Member of the Supervisory Board of ANF. Manager of Groupe BEG (SARL). Manager of BEG Technique SARL, CEFIC Gestion (SARL), SCI SOGEP, SARL Foncière Immobilière, SCI Waskim, Bay 1/Bay 2 (SARL), TC Design (SARL), SCI La Louvière, SCI IMOFI, Simon Ivanhoe Services (SARL) BEG Investissements (SARL), Foncière d’Investissement (SARL), CEFIC Jestyion Ticaret Limited Sirketi (Turkey), Erelux Hold SARL (Luxembourg), Erelux Fin SARL (Luxembourg), Le Cannet Développement SARL. Director of SWEM de Wasquehal (semi-public company). Co-Manager of Simon Ivanhoe France (SARL). Chairman of PCE SAS, La Roubine SAS, Siagne Nord SAS. Member of the Management Board of Simon Ivanhoe B.V./SARL, CEFIC Polska Sp. z o.o. (Poland), Gdansk Station Shopping Mall Sp. z o.o. (Poland), Bydgoszcz Shopping Mall Sp. z o.o. (Poland), Gliwice Shopping Mall Sp. z o.o. (Poland), Katowice Budus Shopping Mall Sp. z o.o. (Poland), Lodz Nord Shopping Mall Sp. z o.o. (Poland), Polska Shopping Mall Sp. z o.o. (Poland), Szczecin Shopping Mall Sp. z o.o. (Poland), Wilenska Station Shopping Mall Sp. z o.o. (Poland), Wroclaw Garage Shopping Mall Sp. z o.o. (Poland), Polskie Domy Handlowe Sp. z o.o. (Poland), Arkadia Centrum Handlowe Sp. z o.o., Wilenska Centrum Handlowe Sp. z o.o. Positions and offi ces held over the past 5 years Chairman and Chief Operating Offi cer of CEFIC (SA). Co-representative of Simon Ivanhoe B.V./SARL, co-Manager of Alliance ERE SARL (Luxembourg). Positions and offi ces currently held Member of the Supervisory Board of ANF. Non-voting member of Eurazeo. Chairman and Chief Operating Offi cer of SA Joliette Matériel. Positions and offi ces held over the past 5 years Member of the Supervisory Board of Eurazeo. � Contents As Chief Operating Offi cer of the Simon Ivanhoe g roup, Philippe Monnier has developed over 30 shopping center in France, Spain, Portugal, Poland and Turkey. Before joining the group in 1988, he was Chairman and Chief Operating Offi cer of SMECI (Weil group) from 1975 to 1988, where he developed and managed various shopping center in Europe. Philippe Monnier is a graduate of ESC Reims. Jean-Pierre Richardson is the Chairman and Chief Operating Offi cer of SA Joliette Matériel, a family holding company Chairwoman of SAS Richardson. He joined the Company in 1962 where he managed its operations from 1969 to 2003. Jean-Pierre Richardson served as a judge at the Marseilles Commercial Court from 1971 to 1979. He graduated from École Polytechnique (in 1958). OTHER GENERAL INFORMATION PRO FORMA FINANCIAL INFORMATION ANNUAL FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS INFORMATION ABOUT ANF DESCRIPTION OF THE BUSINESS
Name and age Henri Saint Olive Age: 66 Member of the Supervisory Board Théodore Zarifi Age: 59 Member of the Supervisory Board End date Date of initial of t erm appointment of offi ce Main position held excluding ANF May 4, 2005 2011 Chairman of the Board of Directors of Banque Saint Olive May 4, 2005 2011 Chairman and Chief Executive Offi cer of Zarifi Gestion SA and Romain Boyer SA INFORMATION ABOUT ANF Other offi ces and positions held in other companies as of December 31, 2009 Management experience Positions and offi ces currently held Member of the Supervisory Board of ANF. Chairman of the Board of Directors of Banque Saint Olive, Enyo. Chairman of the Supervisory Board of Saint Olive et Cie, Saint Olive Gestion. Manager of Segipa and CF Participations. Member of the Supervisory Board of Prodith SCA, Monceau Générale Assurances (MGA) and Eurazeo. Director of Vinci, Centre Hospitalier Saint Joseph et Saint Luc, the Saint Joseph Hospital Association, Mutuelle Centrale de Réassurance (MCR) and Compagnie Industrielle d’Assurance Mutuelle (CIAM). Positions and offi ces held over the past 5 years Chairman of the Board of Directors of C.I.A.R.L. Manager of LP Participation. Director of g roupe Monceau companies. Positions and offi ces currently held Member of the Supervisory Board of ANF. Member of the Supervisory Board of Eurazeo. Chairman and Chief Operating Offi cer of Zarifi Gestion SA, Romain Boyer SA. Director of Zarifi & Associés SA, Zarifi Entreprise d’Investissement (Zarifi & Associés subsidiary), Maydream Luxembourg SA (Luxembourg). Manager of Romain Immobilier SARL, Irénée SARL. Deputy Chief Operating Offi cer of Zarifi & Associés, Somagip SA. Chairman of SAS HAB, SAS Z&Z. Permanent representative of Z&Z on the Board of Directors of Quincaillerie d’Aix. Permanent representative of HAB on the Board of Trustees of SAS CFCA. Positions and offi ces held over the past 5 years Representative of Romain Boyer on the Supervisory Committee of SAS Calliscope and on the Board of Directors of Chaud Devant Développement SA. Representative of Z&Z on the Board of Trustees of SAS CFCA. Director of SOMAGIP. � Corporate governance Contents Henri Saint Olive has been with Banque Saint Olive since November 1969. He was appointed Chairman of the Executive Board in December 1987 and then Chairman of the Board of Directors in June 1989. He is a Naval Reserve Offi cer (CC) and a graduate of HEC (Hautes Études Commerciales). Since December 1988, Théodore Zarifi has been a Signing Offi cer then a Chief Operating Offi cer (March 1994) of Zarifi & Cie EI., then appointed Deputy Chief Operating Offi cer (November 2002) of the same company, which became Zarifi & Associés SA, a family holding company (on September 25, 2002, after spinning off all of its regulated activities to Oddo M&A, which became Zarifi EI ). He was also the Chief Financial Offi cer of Pennwalt France’s R.S.R. division (1987-1988) and successively served as a Management Assistant, Management Controller, Chief Operating Offi cer and Secretary of the Board of Directors (1976-1987) of SA Les Raffi neries de Soufres Réunies, Marseilles. He has a bachelor’s degree in economics (Paris X, 1973) and an MBA from the University of Texas in Austin, United States (1976). ANF • 2009 ANNUAL REPORT 53 OTHER GENERAL GENERAL INFORMATION PRO FORMA FINANCIAL INFORMATION ANNUAL ANNUAL FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL FINANCIAL STATEMENTS INFORMATION ABOUT ANF DESCRIPTION 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: Name and age Alain Lemaire* Age: 60
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: INFORMATION ABOUT ANF Reports and i
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:
INFORMATION ABOUT ANF Reports and i
Page 117 and 118:
Page 119 and 120:
Page 121 and 122:
CONSOLIDATED FINANCIAL STATEMENTS I
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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
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Note 2 Receivables maturity schedul
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ANF’s former Chief Operating Offi
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Note 10 Covenants With respect to l
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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
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III - Specifi c checks and disclosu
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ANNUAL FINANCIAL STATEMENTS Pursuan
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Balance sheet at December 31, 2009
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Notes to the financial statements D
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espect of which depreciation period
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The real estate assets break down b
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Non-current fi nancial assets (€
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Note 8 Change in shareholder’s eq
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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 and 178:
Stock option plan granted in 2009 D
Page 179 and 180:
Note 22 Extraordinary items ANNUAL
Page 181 and 182:
III - Specifi c checks and disclosu
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PRO FORMA FINANCIAL INFORMATION �
Page 185 and 186:
OTHER GENERAL INFORMATION 1. PERSON
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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
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OTHER GENERAL INFORMATION Other inf
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5.6 History Important events in the
Page 205 and 206:
In accordance with RICS rules, we w
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• Three assets are under fi nance
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OTHER GENERAL INFORMATION Contacts
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OTHER GENERAL INFORMATION Contacts
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OTHER GENERAL INFORMATION Concordan
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OTHER GENERAL INFORMATION Concordan
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OTHER GENERAL INFORMATION � Conte
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Head office : 32, rue de Monceau -
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