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6 - Vicat

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Financial information concerning the asset base,20the financial condition and the results of the issuer20.2. HISTORICAL FINANCIAL INFORMATIONPrincipal actuarial assumptionsDiscount rateFranceEurope (excludingFrance)U.S.A.Turkey,Kazakhstanand IndiaWest Africaand the Middle East2009 5.3 % 3.3 % to 5.3 % 6.0 % 12.0 % 5.0 % to 9.0 %2008 5.7 % 3.4 % to 5.8 % 6.3 % 11.0 % 5.5 % to 11.0 %Rate of return onfinancial assets2009 4.0 % 4.4 % 8.5 %2008 4.8 % 4.7 % 8.5 %Wage inflation2009 2.5 % to 4.0 % 1.5 % to 3.0 % 0.0 % to 3.0 % 5.5 % 4.0 % to 8.0 %2008 2.5 % to 3.5 % 1.5 % to 3.0 % 0.0 % to 3.5 % 5.0 % 4.0 % to 8.0 %Rate of increase in medical costs2009 4.5 % to 7.0 %2008 4.5 % to 6.5 %The weight of the various asset categories in the portfolio of plan asset at December 31, 2009 is analyzed asfollows :(in %) December 31, 2009Stocks 27Bonds 28Real estate 18Money market 7Other 20Total 100The sensitivity of the defined benefit obligation atDecember 31, 2009 corresponding to a variation of± 25 basis points in the discount rate is (7.6) and 7.9million euros respectively.In addition, the sensitivity of the value of hedgingassets at December 31, 2009 corresponding toa variation of ± 100 basis points in the rate of returnof financial assets is 2.7 and (2.7) million eurosrespectively.The estimated rate of change in medical costs usedin calculating commitments related to post-employmentbenefits has a direct impact on the evaluationof some of these commitments. The effect of a onepercentage-pointvariation in this rate of change inmedical costs would be as follows :(in thousands of euros) 1 % increase 1 % decreaseIncrease (decrease) in the present valueof the liabilities at December 31, 2009 3,518 (2,928)Increase (decrease) in the service cost andin the financial cost 279 (350)2009 registration document - VICAT 151

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