VINCI - 2005 annual report

The breakdown is as follows:
31/12/2005
Shares, property and similar 51.9%
Bonds 45.8%
Monetary securities 2.3%
Total 100.0%
Retirement benefit obligations, provisions and retirement costs recognised
in operating expenses (before the tax effect) break down as follows:
Reconciliation between balance sheet items and historical data
(en € millions) 31/12/2005 31/12/2004
France Foreign Total France Foreign Total
Present value of retirement benefit obligations (350.3) (749.5) (1,099.8) (321.4) (706.6) (1,028.0)
Fair value of plan assets 45.5 344.2 389.6 55.4 280.8 336.2
Surplus (or deficit) (304.8) (405.3) (710.2) (266.0) (425.8) (691.8)
Provisions recognised in balance sheet (253.1) (414.2) (667.4) (222.7) (435.8) (658.6)
Assets recognised in the balance sheet – – – – 11.8 11.8
Unrecognised items in the balance sheet
Actuarial gains and losses 6.0 (8.9) (2.9) 1.0 2.0 3.0
Past service costs 45.8 0.0 45.8 42.3 (0.3) 42.0
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VINCI 2005 ANNUAL REPORT