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Current profit before taxes amounted to<br />
EUR 105 million, compared with EUR 157 million in<br />
2006. The balance of extraordinary results amounted<br />
to EUR 330 million compared with EUR 94 million in<br />
2006. Taking into account a tax credit of EUR 44 million<br />
(2006: EUR 7 million), the profit for the year of<br />
<strong>Solvay</strong> S.A. amounted in 2007 to EUR 479 million,<br />
compared with EUR 258 million in 2006.<br />
In the absence of transfers to untaxed reserves, net<br />
income for the year of EUR 479 million is available<br />
for appropriation.<br />
Consolidated data per share<br />
Information for Shareholders<br />
EUR million 2006 2007<br />
Net profit for the year available<br />
for distribution<br />
258 479<br />
Carried forward 529 550<br />
Total available to the General<br />
Shareholders’ Meeting<br />
787 1 029<br />
Appropriation<br />
Gross dividend 237 249<br />
Carried forward 550 780<br />
Total 787 1 029<br />
In EUR 2003 2004 2005 2006 2007<br />
Stockholders’ equity 32.23 34.92 45.46 50.97 52.10<br />
Cash flow 9.91 12.00 15.42 16.20 17.21<br />
REBITDA 13.16 13.88 16.13 18.97 20.13<br />
Net income 4.78 5.92 9.51 9.57 9.46<br />
Net income (excluding discontinued operations) 4.83 5.12 3.77 8.33 9.46<br />
Diluted net income 4.78 5.90 9.46 9.52 9.40<br />
Diluted net income (excluding discontinued<br />
operations)<br />
4.82 5.11 3.75 8.28 9.40<br />
Number of shares (in thousands) at December 31 84 610 84 623 84 696 84 701 84 701<br />
Average number of shares (in thousands) for<br />
calculating IFRS earnings per share<br />
82 748 82 521 83 021 82 669 82 586<br />
Average number of shares (in thousands) for<br />
calculating IFRS diluted earnings per share<br />
82 776 82 751 83 491 83 106 83 054<br />
Gross dividend 2.40 2.53 2.67 2.80 2.93<br />
Net dividend 1.80 1.90 2.00 2.10 2.20<br />
Highest price 69.3 83.9 104.1 116.2 123.2<br />
Lowest price 47.6 64.1 79.95 83.1 92.3<br />
Price at December 31 68.75 81 93.1 116.2 95.7<br />
Price/earnings at December 31 14.4 13.7 9.8 12.1 10.2<br />
Net dividend yield 2.6 % 2.3 % 2.1 % 1.8 % 2.6 %<br />
Gross dividend yield 3.5 % 3.1 % 2.9 % 2.4 % 3.5 %<br />
Annual volume (thousands of shares) 27 068 27 710 44 181 46 225 57 536<br />
Annual volume (EUR million) 1 667 2 000 4 011 4 442 6 318<br />
Market capitalization at December 31 (EUR billion) 5.8 6.9 7.9 9.8 8.1<br />
Velocity (%) 32.3 31.5 53.3 56.9 71.5<br />
Velocity adjusted by Free Float (73%) (in %) 44.2 43 .1 71.1 81.2 102.1<br />
Information for<br />
Shareholders<br />
<strong>Solvay</strong> Global Annual Report 2007<br />
17