6 - Vicat

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7Organisationchart7.1. Simplified legal organisation chart*for the Group as at December 31, 2009 587.2. Information on subsidiariesand shareholdings 597.1. Simplified legal organisationchart for the Group as atDecember 31, 2009Some of the subsidiaries controlled by the Grouphave minority shareholders who may be industrialor financial partners, or historical shareholders in thecompany in question before it was acquired by theGroup. The presence of these minority shareholdersmay lead to the signing of shareholder agreementscontaining provision regarding the corporate governance,the information provided to the shareholdersor the evolution of the shareholdings. Nonetheless,and excluding the below-mentioned exception, theseshareholders agreements do not provide for put orcall options, modifications to the cash distribution, ormore generally measures that could have a materialimpact on the Group’s financial structure.A shareholders agreement was entered into betweenVigier Holding, Home Broker JSC (formerly knownas KazKommerts Invest) and Société FinancièreInternationale to organise their relations as shareholdersof the company Mynaral Tas, which containsa put option granted by the Group to SociétéFinancière Internationale for its 10 % shareholding inMynaral Tas. This option, which can be exercised inDecember 2014 at the earliest, and its price will bedetermined by an expert. Given this deadline andthe current state of advancement of the greenfieldproject developed by Mynaral Tas, it is not possibleas of today to evaluate the Group’s obligations onthe basis of Société Financière Internationale’s putoption (see Note 9 of Section 20.2.2. “Appendix tothe 2009 consolidated financial statements” of thisRegistration Document).58 VICAT - 2009 registration document
organisation chart77.2. INFORMATION ON SUBSIDIARIES AND SHAREHOLDINGSVicat100 %Béton TravauxHolding100 %ParcifimHolding100 % 100 %3 %97 %VigierHoldingPostoudiokoulHoldingNCCHolding100 %60 % 48 % 4 %56 %51 %100 % 70 % 100 % 59 %85 % 85 % 100 %BétonGranulatsdu Centre15 %BétonGranulats IDF EstBétonRhôneAlpesGranulatRhôneAlpesOtherCompaniesSatmSatmaVicatProduitsIndustriels30 % 41 % 15 %100 %CementiCentroSud100 % 100 % 100 % 99 %100 %100 %100 %VigierKiestagWyssBiedermannKieswerkAebisholzOtherCompaniesCréabétonMatériauxMynaralTAS100 %JambylCementSinaïCement65 %95 %70 %100 %44 %SococimIndustriesSodevitGécaminesCiment etMatériauxdu MaliBSACiment85 %83 %100 %BastasCimento100 %BastasHazir BetonKonyaCimentoTamtasCementVicatSagarConcrete &Aggregates100 % 100 % 100 % 100 %NCC ofCalifornieNCC ofAlabamaBétonCalifornieBétonAlabamaOtherProducts& ServicesFrance Italy Switzerland Kazakhstan Egypt SenegalMaliMauritaniaTurkey India United States* The organisation chart above summarises the principal links between the Group’s companies. The percentages mentioned correspond to the shareof the capital held. For the purposes of simplification, some intragroup holdings have been combined.7.2. INFORMATION ON SUBSIDIARIESAND SHAREHOLDINGSThe Group’s principal subsidiaries were determinedon the basis of their contribution to financial indicators(sales by entity, share in the consolidatedEBITDA, value of the intangible and tangible assetsfor each entity, consolidated equity—Group share)such that the aggregate of the indicators retainedfor these subsidiaries represents 90 % of the Group’sconsolidated total. The Group’s main holding companieswere added to this list.The Group’s consolidated subsidiaries are distributedacross various countries as follows :CountryNumber of subsidiariesFrance 51United States 17Switzerland 36Turkey 7Senegal 4Egypt 13Italy 1Mali 1Mauritania 2India 1Kazakhstan 2Total 1352009 registration document - VICAT 59
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egistrationdocument& financialannua
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2STATUTORYAUDITORS2.1. Incumbent au
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Page 65 and 66: 8Real estate,factories andequipment
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1515.2.REMUNERATIONS AND BENEFITSPE
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16OPERATION OF THEADMINISTRATIveAND
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16OPERATION OF THE ADMINISTRATION A
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1717.1.EMPLOYEESOVERVIEW17.1.2. Bre
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1717.2.EMPLOYEESSHARE SUBSCRIPTION
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17 CONDUCTEDEMPLOYEES17.4. SHAREHOL
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18PRINCIPALSHAREHOLDERS18.1. Distri
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19OPERATIONSWITH RELATEDPARTIES19.1
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information concerning the asset ba
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21ADDITIONAL INFORMATION21.1. SHARE
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ADDITIONAL INFORMATION2121.2. CONST
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22SIGNIFICANTCONTRACTSGiven its act
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24DOCUMENTSAVAILABLE TOTHE PUBLICOf
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appendix1Report by the president on
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1appendixReport by the president on
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appendix2Statutoryauditors'reportpr
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appendix3ANNUALINFORMATION(ARTICLE
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3appendixANNUAL INFORMATION5. Decla
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4appendixELEMENTS CONSTITUTING THE
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GLOSSARYAdditiveAggregateAuto-level
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GLOSSARYClinkerisationCoalCoatingCo
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GLOSSARYGranulometryGrindingGrindin
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GLOSSARYPrecalcinatorCombustion cha
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GLOSSARYType of cementVibrationWork
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