6 - Vicat

information on the assets and liabilities,financial position and income statements of the issuer20Financial20.3. financial statements at december 31, 20102) Financial investments :Financial investments increased by € 474,336thousand, mainly as a result of :• increases in investments in companiesamounting to 479,934• change in other financial investments (5,598)474,336Under the liquidity agreement with NATIXIS, thefollowing amounts were recognized in the liquidityaccount at year-end :• 11,269 Vicat shares representing a gross value of€ 689 thousand ;• € 3,620 thousand in cash.Loans and other long-term investments break downas follows (in thousands of euros) :• within one year -• over one year 72,03772,037B - Shareholders’ equityShare capital amounts to € 179,600,000 and isdivided into 44,900,000 shares of € 4 each.The share ownership breaks down as follows :• Employees 4.73 %• including employee shareholders (*) 2.32 %• Family, Parfininco and Soparfi 60.57 %• Vicat 2.24 %(*) In accordance with Article L. 225-102 of the Code du commerce(the French Commercial Code).CHANGE IN SHAREHOLDERS' EQUITY(In thousands of euros) 2010 2009Shareholders' equity at the beginning of year 1,035,017 952,406Shareholders' equity at the end of year 1,097,159 1,035,017Change 62,142 82,611Analysis of changeCapital reduction 118,027 124,862Dividends paid (1) (66,035) (65,637)Revaluation change 80Regulated provision 10,070 23,38662,142 82,611(1)Less dividends on treasury shares.Regulated provisions break down as follows :(In thousands of euros)ValueRecoveredat 1 yearmaximumRecoveredafter morethan 1 yearPrice increase provision 11,717 2,227 9,490Special tax depreciation 84,020 3,826 80,194Special revaluation provision 2,447 - 2,447Investment provision 7,378 464 6,914TOTAL 105,562 6,517 99,045C - Provisions(In thousands of euros)Amount atthe beginningof yearIncreaseDecrease(with use)Decrease(unusedprovision)Amount at theend of yearProvisions for restorationof sites 5,820 480 522 - 5,778Provisions for disputes 4,559 302 49 - 4,812Other charges 7,620 4,170 295 - 11,495TOTAL 17,999 4,952 866 - 22,085176 VICAT 2010 registration document