Annual Report Sustainable Development Report ... - Groupe SEB

Reserved funds: €177.7 million
Funds reserved in 2006 amount
to €177.7 million,of which:
– €106.0 million for refinancing
investments
– €9.3 million in variations of provisions linked
to business risks
– €62.4 million transferred to reserves.
Wealth Creation
Sharing
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Groupe SEB
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Sharing income
Banks and bondholders: €25.2 million
Financial expenses relating to interest on loans concerned mainly banking institutions
and amounted to €25.2 million in 2005.
State and local authorities: €95.8 million
The contribution of Groupe SEB in the countries where it operates amounted
to €95.8 million, broken down as follows:
• corporation tax €54.6 million;
• local taxes €41.2 million.
Shareholders: €40.4 million*
• Groupe SEB paid €40.4 million in dividends to its shareholders.
* paid in 2005 in respect of the 2004 trading year.
Employees: €525.6 million
• Groupe SEB paid €525.6 million to 14,396 employees (67% total salary, 33% social
charges). In 2006 it will pay out €29.3* million in bonus and profit-sharing
schemes in respect of 2005.
* Estimated in 2005, paid in 2006.
Clients: €2,463 million
• Groupe SEB recorded sales of €2,463 million in 2005 (including All-Clad).
Income from operations was €183.7 million and net income €102.8 million.
– Breakdown of sales:
• 52% in Europe (24% in France);
• 14% in North America;
• 8% in South America;
• 26% in Asia and other territories.
– Sourced products represented 25% of sales.
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Suppliers: €1,598.3 million
• Including 2,060 direct industrial suppliers.
85% of purchases were made from a panel of 381 suppliers.
NB: The 2005 figures given on this page are calculated in compliance
with the new European accounting standards: IFRS.