Financial Statements - Solvay

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20 Solvay Global Annual Report 2008 Solvay’s Pharmaceuticals Sector consistently strives to develop and bring to the market drugs with improved therapeutic effi ciency which fulfi ll carefully selected, unmet medical needs. Solvay Pharmaceuticals seeks to drive innovation in the pharmaceutical industry while placing patients at the heart of its professions and organization.
Robot in Weesp. This 384 wells plate is used daily in Solvay’s Automated Screening (AS) robot in Weesp, The Netherlands. The robot allows researchers to conduct rapidly hundreds to millions of biochemical or pharmacological tests. Pharmaceuticals Sector 21 Solvay Global Annual Report 2008 Pharmaceuticals Sector
Page 1 and 2: Managing Challenges Solvay Global A
Page 3 and 4: Key fi gures - Solvay Group Financi
Page 5 and 6: February 1 Caprolactones Solvay con
Page 7 and 8: Apart from increasing our competiti
Page 9 and 10: and optional overtime and taking of
Page 11 and 12: ... and Long-Term Value Creation Th
Page 13 and 14: and using it without limits, the pi
Page 15 and 16: Chemicals Sales: EUR 3.1 billion -
Page 17 and 18: 2008 : operating result down 19% on
Page 19 and 20: EUR million 2007 2008 2008/2007 GRO
Page 21 and 22: Balance sheet Total Equity stood at
Page 23: Current profi t before taxes amount
Page 27 and 28: Key fi gures [EUR million] 2006 200
Page 29 and 30: Flagship Products in 2008 Therapeut
Page 31 and 32: Sales of less important products In
Page 33 and 34: Sodium bicarbonate. Sodium bicarbon
Page 37 and 38: natural resources and limit waste d
Page 39 and 40: The Organic cluster: Molecular Solu
Page 41 and 42: Solvay specialty polymers The outst
Page 45 and 46: Technological leadership through Re
Page 47 and 48: production capacities have been inc
Page 49 and 50: New Business Development OLED. Orga
Page 51 and 52: future) reacts with atmospheric oxy
Page 53 and 54: Increasing cultural diversity. Solv
Page 55 and 56: New career management process In 20
Page 57 and 58: The 5x5 Matrix The 5x5 Matrix is th
Page 59 and 60: Investors: responding to growing in
Page 61 and 62: Financial Statements The following
Page 63 and 64: Consolidated balance sheet EUR Mill
Page 65 and 66: Minority interests The increase in
Page 67 and 68: • IFRIC 15 Agreements for the con
Page 69 and 70: 9. Research and Development costs R
Page 71 and 72: Key assumptions & key sources of es
Page 73 and 74: General description of the segments
Page 75 and 76:
Information per primary segment for
Page 77 and 78:
For the Pharmaceuticals Sector, whi
Page 79 and 80:
- Current tax represents the tax pa
Page 81 and 82:
Other information All the Group’s
Page 83 and 84:
The acquisitions in 2008 consist ma
Page 85 and 86:
Alexandria Sodium Carbonate On 17 O
Page 87 and 88:
(20) Capital increase / redemption
Page 89 and 90:
Consolidated balance sheet (22) Int
Page 91 and 92:
(24) Tangible assets (including fi
Page 93 and 94:
(26) Other investments EUR million
Page 95 and 96:
(29) Provisions EUR Million Employe
Page 97 and 98:
The amounts recorded in the balance
Page 99 and 100:
Actuarial assumptions used in deter
Page 101 and 102:
- the risks attached to ongoing lit
Page 103 and 104:
Fair value of fi nancial debts For
Page 105 and 106:
) Balance sheet risk The Group’s
Page 107 and 108:
Financial instruments IAS 39 defi n
Page 109 and 110:
(32) Assets held for sale and liabi
Page 111 and 112:
Management of Risks Acting responsi
Page 113 and 114:
In reference to Raw Materials, in a
Page 115 and 116:
Since 2007 a compliance organizatio
Page 117 and 118:
Participation in venture capital fu
Page 119 and 120:
Compensation report 1. Description
Page 121 and 122:
affi liated to the Pension Regulati
Page 123 and 124:
Companies leaving the Group Country
Page 125 and 126:
SolVin France SA, Paris 75 Pl Vival
Page 127 and 128:
Solvay Soda Ash Joint Venture, Hous
Page 129 and 130:
FINLAND Pipelife Finland OY, Oulu 5
Page 131 and 132:
Summary fi nancial statements of So
Page 133 and 134:
STATUTORY AUDITOR’S REPORT To the
Page 135 and 136:
Report on the application of the Co
Page 137 and 138:
Introduction This report presents t
Page 139 and 140:
The Board of Directors noted their
Page 141 and 142:
notice of the meeting by mail at th
Page 143 and 144:
Year of birth Year of 1st appointme
Page 145 and 146:
eing a non-executive director of a
Page 147 and 148:
4.5.2. The Audit Committee At Janua
Page 149 and 150:
corresponding to the decision or re
Page 151 and 152:
which remained valid for the 2008 f
Page 153 and 154:
Manager, a member of the Executive
Page 155 and 156:
EUR The Solvay share compared with
Page 157 and 158:
ANNEX 1 Audit Committee Mission Sta
Page 159 and 160:
during the 30 days preceding the st
Page 161 and 162:
Executive Committee 1 | Christian J
Page 163 and 164:
ABAF: Belgian Financial Analysts As
Page 165 and 166:
Shareholders’ Diary - Tuesday May
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Financial Statements - Solvay

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