Financial Statements - Solvay

Current profi t before taxes amounts to EUR 376 million,
compared with EUR 105 million in 2007.
The balance of extraordinary results is EUR -15 million
compared with EUR 330 million in 2007.
Taking into account a EUR 15 million tax credit
(2007: EUR 44 million), the net profi t for the year of
Solvay SA amounts in 2008 to EUR 376 million, compared
with EUR 479 million in 2007. In the absence of
transfers to untaxed reserves, net income for the year of
EUR 376 million is available for distribution.
Consolidated data per share
EUR 2004 2005 2006 2007 2008
Stockholders’ equity 34.92 45.46 50.97 52.10 54.05
REBITDA 13.88 16.13 18.97 20.13 17.44
Net income 5.92 9.51 9.57 9.46 4.92
Net income (excluding discontinued operations) 5.12 3.77 8.33 9.46 4.92
Diluted net income 5.90 9.46 9.52 9.40 4.91
Diluted net income (excluding discontinued operations) 5.11 3.75 8.28 9.40 4.91
Number of shares
(in thousands) at December 31
Average number of shares (in thousands)
for calculating IFRS earnings per share
Average number of shares (in thousands)
for calculating IFRS diluted earnings per share
84 623 84 696 84 701 84 701 84 701
82 521 83 021 82 669 82 586 82 318
82 751 83 491 83 106 83 054 82 447
Gross dividend 2.53 2.67 2.80 2.93 2.93
Net dividend 1.90 2.00 2.10 2.20 2.20
Highest price 83.9 104.1 116.2 123.2 97.9
Lowest price 64.1 79.95 83.1 92.3 51.45
Price at December 31 81 93.1 116.2 95.7 53.05
Price/earnings at December 31 13.7 9.8 12.1 10.2 10.8
Net dividend yield 2.3 % 2.1 % 1.8 % 2.6 % 4.2% 1
Gross dividend yield 3.1 % 2.9 % 2.4 % 3.5 % 5.6% 1
Annual volume (thousands of shares) 27 710 44 181 46 225 57 536 94 322
Annual volume (EUR million) 2 000 4 011 4 442 6 318 7 702
Market capitalization at December 31 (EUR billion) 6.9 7.9 9.8 8.1 4.5
Velocity (%) 31.5 53.3 56.9 71.5 113.2
Velocity adjusted by Free Float (in %) 43 .1 71.1 81.2 102.1 161.7
Information for Shareholders
19
1. Based on the closing price at
February 17, 2009 (EUR 52.67).
Solvay Global Annual Report 2008
Information for Shareholders