Annual Report 2011 - Analist.be

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Appendix – Offices of DirectorsList of activities and other mandates exercised in Belgianand foreign companies between 2007 and 2010Financial year 2010• Chairman of the Board and co-Chief Management Officerof Power Corporation of Canada (CDN).• Co-Chairman of the Board of Power FinancialCorporation (CDN).• Director and Chairman of the Board of 171263Canada Inc. (CDN)• Vice-Chairman of the Board and Managing Directorof Pargesa Holding S.A. (CH).• Director of 152245 Canada Inc. (CDN), The Canada LifeAssurance Company (CDN), Canada Life FinancialCorporation (CDN), Canada Life Capital Corporation Inc.(CDN), The Canada Life Insurance Company of Canada (CDN),Canada Life Insurance Company of America (USA), CrownLife Insurance Company (CDN), Gesca Ltd. (CDN), Great-WestLife & Annuity Insurance Company (USA), Great-WestLifeco Inc. (CDN), The Great-West Life AssuranceCompany (CDN), GWL&A Financial Inc. (USA), Great-WestFinancial (Canada) Inc. (CDN), Great-West Financial (NovaScotia) Co. (CDN), First Great-West Life & Annuity InsuranceCompany (USA), IGM Financial Inc. (CDN), InvestorsGroup Inc. (CDN), Lafarge (F), La Presse Ltd. (CDN), LondonInsurance Group Inc. (CDN), Parjointco N.V. (NL), PowerCommunications Inc. (CDN), Power CorporationInternational (CDN), Power Financial Europe B.V. (NL), PutnamInvestment, LLC (USA) and Total S.A. (F).• Director and Member of the Nominations Committee andof the Compensation Committee of GDF SUEZ (F).• Director and Member of the Executive Committee of LondonLife Insurance Company (CDN) and Mackenzie Inc. (CDN).• Chairman of the Advisory Committee of Sagard Private EquityPartners (F).Financial year 2009• Chairman of the Board and co-Chief Management Officerof Power Corporation of Canada (CDN).• Co-Chairman of the Board of Power FinancialCorporation (CDN).• Director and Chairman of the Board of 171263Canada Inc. (CDN)• Director and Vice-Chairman of the Board of 3819787Canada Inc. (CDN).• Vice-Chairman of the Board and Managing Directorof Pargesa Holding S.A. (CH).• Director of 152245 Canada Inc. (CDN), The Canada LifeAssurance Company (CDN), Canada Life FinancialCorporation (CDN), Canada Life Capital Corporation Inc. (CDN),The Canada Life Insurance Company of Canada (CDN),Canada Life Insurance Company of America (USA), CrownLife Insurance Company (CDN), Gesca Ltd. (CDN), Great-WestLife & Annuity Insurance Company (USA), Great-WestLifeco Inc. (CDN), The Great-West Life AssuranceCompany (CDN), GWL&A Financial Inc. (USA), Great-WestFinancial (Canada) Inc. (CDN), Great-West Financial (NovaScotia) Co. (CDN), First Great-West Life & Annuity InsuranceCompany (USA), IGM Financial Inc. (CDN), InvestorsGroup Inc. (CDN), Lafarge (F), La Presse Ltd. (CDN), LondonInsurance Group Inc. (CDN), Parjointco N.V. (NL), PowerCommunications Inc. (CDN), Power CorporationInternational (CDN), Power Financial Europe B.V. (NL), PutnamInvestment, LLC (USA) and Total S.A. (F).• Director and Member of the Nominations Committee andof the Compensation Committee of GDF SUEZ (F).• Director and Member of the Executive Committee of LondonLife Insurance Company (CDN) and Mackenzie Inc. (CDN).• Chairman of the Advisory Committee of Sagard Private EquityPartners (F).Financial year 2008• Chairman of the Board and co-Chief Management Officerof Power Corporation of Canada (CDN).• Co-Chairman of the Board of Power Financial Corporation(CDN) (since May 2008).• Director and Chairman of the Board of 171263Canada Inc. (CDN) and 2795957 Canada Inc. (CDN) (untilDecember 2008).• Director and Vice-Chairman of the Board of 3819787Canada Inc. (CDN).• Vice-Chairman of the Board and Managing Directorof Pargesa Holding S.A. (CH).• Director of 152245 Canada Inc. (CDN), The Canada LifeAssurance Company (CDN), Canada Life FinancialCorporation (CDN), Canada Life Capital Corporation Inc. (CDN),The Canada Life Insurance Company of Canada (CDN),Canada Life Insurance Company of America (USA), CrownLife Insurance Company (CDN), Gesca Ltd. (CDN), Great-WestLife & Annuity Insurance Company (USA), Great-WestLifeco Inc. (CDN), The Great-West Life AssuranceCompany (CDN), GWL&A Financial Inc. (USA), Great-WestFinancial (Canada) Inc. (CDN), Great-West Financial (NovaScotia) Co. (CDN), First Great-West Life & Annuity InsuranceCompany (USA), IGM Financial Inc. (CDN), InvestorsGroup Inc. (CDN), Lafarge (F), La Presse Ltd. (CDN), LondonInsurance Group Inc. (CDN), Parjointco N.V. (NL), PowerCommunications Inc. (CDN), Power CorporationInternational (CDN), Power Financial Europe B.V. (NL), PutnamInvestment, LLC (USA) and Total S.A. (F).• Director and Member of the Nominations Committee andof the Compensation Committee of GDF SUEZ (F).• Director and Member of the Executive Committee of LondonLife Insurance Company (CDN) and Mackenzie Inc. (CDN).• Chairman of the Advisory Committee of Sagard Private EquityPartners (F).Financial year 2007• Chairman of the Board and co-Chief Management Officerof Power Corporation of Canada (CDN).• Chairman of the Executive Committee of Power FinancialCorporation (CDN).• Vice-Chairman of the Board of Directors and Memberof the Strategic Committee of Imerys (F).• Director and Chairman of the Board of 171263Canada Inc. (CDN) and 2795957 Canada Inc. (CDN).• Director and Vice-Chairman of the Board of 3819787Canada Inc. (CDN).• Vice-Chairman of the Board and Managing Directorof Pargesa Holding S.A. (CH).162 Annual Report 2011
• Director of 152245 Canada Inc. (CDN), The Canada LifeAssurance Company (CDN), Canada Life FinancialCorporation (CDN), Canada Life Capital Corporation Inc. (CDN),The Canada Life Insurance Company of Canada (CDN) (sinceMay 2007), Canada Life Insurance Company ofAmerica (USA), Crown Life Insurance Company (CDN) (sinceNovember 2007), Gesca Ltd. (CDN), Great-West Life & AnnuityInsurance Company (USA), Great-West Lifeco Inc. (CDN),The Great-West Life Assurance Company (CDN), GWL&AFinancial Inc. (USA), Great-West Financial (Canada) Inc. (CDN),Great-West Financial (Nova Scotia) Co. (CDN), First Great-WestLife & Annuity Insurance Company (USA), GroupeLa Poste (F) (until September 2007), IGM Financial Inc. (CDN),Investors Group Inc. (CDN), La Presse Ltd. (CDN),Les Journaux Trans-Canada (1996) Inc. (CDN), LondonInsurance Group Inc. (CDN), Parjointco N.V. (NL), PowerCommunications Inc. (CDN), Power CorporationInternational (CDN), Power Financial Europe B.V. (NL),Putnam Investment, LLC (USA) (since November 2007)and Total S.A. (F).• Director and Member of the Remuneration Committeeof Suez (F).• Director and Member of the Executive Committee of LondonLife Insurance Company (CDN) and Mackenzie Inc. (CDN).• Chairman of the Advisory Committee of Sagard Private EquityPartners (F).Thierry de RudderVice-Chairman of the Board of DirectorsList of activities and other mandates exercised in Belgianand foreign companies in 2011• Director of Compagnie Nationale à Portefeuille S.A. (B)(until October 2011), GDF SUEZ (F), Electrabel (B) (sinceNovember 2011), Lafarge (F) and Total S.A. (F).• Member of the Audit Committee of GDF SUEZ (F),Lafarge (F), Electrabel (B) (since November 2011) andTotal S.A. (F).• Chairman of the Strategy and Investment Committeeof GDF SUEZ (F).• Member of the Remuneration Committee of Lafarge (F).List of activities and other mandates exercised in Belgianand foreign companies between 2007 and 2010Financial year 2010• Director of Compagnie Nationale à Portefeuille S.A. (B),GDF SUEZ (F), Imerys (F) (until 29 April 2010), Lafarge (F),Suez-Tractebel S.A. (B) (until 27 April 2010) and Total S.A. (F).• Member of the Audit Committee of GDF SUEZ (F),Lafarge (F), Suez-Tractebel S.A. (B) (until 27 April 2010)and Total S.A. (F).• Member of the Strategic Committee of Imerys (F) (until29 April 2010).• Chairman of the Strategy and Investment Committeeof GDF SUEZ (F).• Member of the Remuneration Committee of Lafarge (F).Financial year 2009• Director of Compagnie Nationale à Portefeuille S.A. (B),GDF SUEZ (F), Imerys (F), Lafarge (F), Suez-Tractebel S.A. (B)and Total S.A. (F).• Member of the Audit Committee of GDF SUEZ (F),Lafarge (F), Suez-Tractebel S.A. (B) and Total S.A. (F).• Member of the Strategic Committee of Imerys (F).• Member of the Strategy and Investment Committeeof GDF SUEZ (F).• Member of the Remuneration Committee of Lafarge (F).Financial year 2008• Director of Compagnie Nationale à Portefeuille S.A. (B),GDF SUEZ (F) (since July 2008), Imerys (F), Lafarge (F) (sinceJanuary 2008), Suez-Tractebel S.A. (B) and Total S.A. (F).• Member of the Audit Committee of Suez-Tractebel S.A. (B),Total S.A. (F) and GDF SUEZ (F) (since July 2008).• Member of the Audit Committee of Lafarge (F).• Member of the Strategic Committee of Imerys (F).• Member of the Strategy and Investment Committeeof GDF SUEZ (F) (since July 2008).• Member of the Remuneration Committee of Lafarge (F).Financial year 2007• Director of Compagnie Nationale à Portefeuille S.A. (B),Imerys (F), Suez (F), Suez-Tractebel S.A. (B) and Total S.A. (F).• Member of the Audit Committee of Suez-Tractebel S.A. (B)and Total S.A. (F).• Member of the Strategic Committee of Imerys (F).Ian GallienneManaging DirectorList of activities and other mandates exercised in Belgianand foreign companies in 2011• Managing Director of Ergon Capital Partners S.A. (B),Ergon Capital Partners II S.A. (B) and Ergon CapitalPartners III S.A. (B).• Director of Ergon Capital S.A. (B), Seves SpA (I), SteelPartners N.V. (B), PLU Holding S.A.S. (F), ELITechGroup S.A.S. (F), Publihold S.A. (B) (since April 2011),Gruppo Banca Leonardo SpA (I), Imerys (F), Lafarge (F)(since November 2011), Central Parc Villepinte S.A. (F)(until 31 July 2011) and Fonds de dotation du Palais (F).• Manager of Egerton S.à r.l. (L) and Ergon Capital II S.à r.l. (L).List of activities and other mandates exercised in Belgianand foreign companies between 2007 and 2010Financial year 2010• Managing Director of Ergon Capital Partners S.A. (B),Ergon Capital Partners II S.A. (B) and Ergon CapitalPartners III S.A. (B).• Director of Ergon Capital S.A. (B), Seves SpA (I), ArnoGlass S.A. (L), Steel Partners N.V. (B), PLU Holding S.A.S. (F),ELITech Group S.A.S. (F), Gruppo Banca Leonardo SpA (I),Imerys (F), Central Parc Villepinte S.A. (F) and Fondsde dotation du Palais (F).• Manager of Egerton S.à r.l. (L) and Ergon Capital II S.à r.l. (L).Annual Report 2011 163
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Annual Report2011 Groupe Bruxelles
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Responsible persons1 Responsibility
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Message to shareholdersLadies and G
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Stock Exchange dataShareholder info
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Selected Portfolio and financial ad
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Consolidated result analysisThe tab
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Consolidated figures IFRSIn 2011, t
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20 Annual Report 2011
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Total is a global, integrated oil a
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GDF SUEZ is a world reference energ
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Overview of the activities - GDF SU
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The world’s co-leader in Wine & S
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Main financial data30 June 2011 30
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With a presence in 64 countries, La
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Environment variables and operating
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Data on Stock Exchange and on GBL
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Percentage of share capital .......
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Environment variables and operating
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Suez Environnement is a global lead
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Overview of the activities - Suez E
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Overview of the activities - Arkema
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Overview of the activities - Arkema
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Other investmentsIberdrola(http://w
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66 Annual Report 2011
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Consolidated balance sheet at 31 De
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Consolidated statement of changes i
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Accounting policiesGroupe Bruxelles
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Non-current assets held for sale an
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Pension liabilities and similar obl
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When such estimates are established
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Changes in group structureThe most
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NotesFor the sake of consistency, t
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Accounts at 31 December 2011 - Note
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In EUR millionLand andbuildingsMine
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11. InventoriesIn EUR million 2011
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Bank loans (GBL)GBL drew on its cre
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16. ProvisionsIn EUR million Legal
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Asset plan distributionIn % 2011 20
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18. Other current liabilitiesIn EUR
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19.2. Change in net balance sheet p
Page 113 and 114: ImerysImerys has put in place an in
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Page 118 and 119: Statutory Auditor’s report116 Ann
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Page 122 and 123: Dividend policyThe profit appropria
Page 124 and 125: Accounts at 31 December 2011 - Hist
Page 126 and 127: Corporate governance statementIan G
Page 128 and 129: Corporate governance statement1.1.2
Page 130 and 131: Corporate governance statementGéra
Page 132 and 133: Corporate governance statementAmaur
Page 134 and 135: Corporate governance statementNumbe
Page 136 and 137: Corporate governance statementThe a
Page 138 and 139: Corporate governance statementThe t
Page 140 and 141: Corporate governance statement3.2.
Page 142 and 143: Corporate governance statement3.4.1
Page 145 and 146: 6. Risk management and internal con
Page 147 and 148: Six specific risks have been identi
Page 149 and 150: 7. Policy on conflicts of interestC
Page 151 and 152: Extract of the minutes of the meeti
Page 153 and 154: Chain of ownershipPaul G.Desmarais6
Page 155 and 156: 9.3.3. Organisation chart of shareh
Page 157 and 158: 11.9. Capital11.9.1. Issued capital
Page 159 and 160: Resolutions proposed to shareholder
Page 161 and 162: • Regent and Member of the Budget
Page 163: Paul DesmaraisVice-Chairman of the
Page 167 and 168: List of activities and other mandat
Page 169 and 170: • Director of Pargesa Holding S.A
Page 171 and 172: • Director of Great-West Lifeco I
Page 173 and 174: Amaury de SezeDirectorList of activ
Page 175 and 176: • Director of 4400046 Canada Inc.
Page 177: Gross annual returnThe gross annual
Page 180: Groupe Bruxelles Lambertwww.gbl.be
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Annual Report 2011 - Analist.be

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