VINCI - 2005 annual report

6. FIVE-YEAR FINANCIAL SUMMARY
2001 2002 2003 2004 2005
I - Share capital at the end of the year
a - Share capital (in thousands of euros) 828,799.1 828,733.7 837,950.3 838,138.0 983,181.4
b - Number of ordinary shares in issue (1) c - Maximum number of future shares
82,879,911 82,873,367 83,795,032 83,813,803 196,636,274
to be issued through conversion of bonds (2) II - Transactions and net profi t for the year
(in thousands of euros)
5,750,000 11,308,334 11,308,334 11,308,334 0
a - Revenue excluding taxes
b - Net profi t before tax, employee profi t sharing,
42,960.6 25,201.1 23,070.7 24,260.8 20,054.0
depreciation and provisions 265,770.4 339,922.0 1,867,030.3 416,056.1 567,887.0
c - Income tax (3) d - Net profi t after tax, employee profi t sharing,
(110,104.4) (127,259.4) (112,905.7) (14,212.4) (15,339.8)
depreciation and provisions 507,760.1 338,138.3 2,065,623.3 330,516.0 716,140.6
e - Earnings distributed for the period 130,946.2 141,679.2 189,074.0 289,385.3 382,947.7 (4)(5)
III - Results stated per share (in euros)
a - Profi t after tax and employee profi t-sharing
but before depreciation and provisions
b - Profi t after tax, employee profi t-sharing,
4.5 5.6 23.6 5.1 3.0
depreciation and provisions 6.1 4.1 24.7 3.9 3.6
c - Net dividend paid per share 1.7 1.8 2.36 3.5 2.0 (5)
IV - Employees
a - Average number 177 140 141 162 172
b - Wages and salaries (in thousands of euros)
c - Social security costs and other social benefi t expenses
39,003.2 27,732.7 32,444.8 22,409.5 18,658.7
(in thousands of euros) 11,481.3 6,941.4 5,838.2 6,947.8 6,556.6
(1) There were no preferential shares in issue in the period under consideration; moreover, the nominal value of the share was divided by two in May 2005, resulting in a doubling of the number of shares
during the period.
(2) VINCI issued 5,750,000 OCEANE bonds in July 2001 and 5,558,334 OCEANE bonds in April 2002, representing a total nominal amount of €517.5 million and €500.3 million respectively.
The nominal value of these bonds, which were convertible into VINCI shares, was €90.
In the absence of conversion or exchange into VINCI shares:
- the bonds issued in July 2001 were redeemable on 1 January 2007 at €108.12 euros each;
- the bonds issued in April 2002 were redeemable on 1 January 2018 at €125.46 euros each;
These loans were converted in full during 2005.
(3) Tax income recovered from subsidiaries under tax consolidation arrangements, less VINCI SA’s own tax charge.
(4) Calculated on the basis of the number of shares that have given a right to the interim dividend and/or give a right to dividends at 18 February 2006.
(5) Proposal to the Shareholders Meeting on 16 May 2006.
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VINCI 2005 ANNUAL REPORT