Pharmaceuticals Sector - Solvay

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100 Solvay Global Annual Report 2005 List of proportionately consolidated Group companies BELGIUM Inergy Automotive Systems (Belgium) N.V., Herentals 50 Pl Pipelife Belgium S.A., Kalmthout 50 Pl Inergy Automotive Systems Research S.A. , Bruxelles 50 Pl Solvic S.A., Bruxelles 75 Pl Solvin S.A., Bruxelles NETHERLANDS 75 Pl Inergy Automotive Systems Netherlands Holding B.V., Weesp 50 Pl Pipelife Finance B.V., Enkhuizen 50 Pl Pipelife Nederland B.V., Enkhuizen FRANCE 50 Pl Inergy Automotive Systems S.A., Paris 50 Pl Inergy Automotive Systems France S.A.S., Compiègne 50 Pl Inergy Automotive Systems Management S.A., Paris 50 Pl Pipelife France S.N.C., Gaillon 50 Pl SolVin France S.A., Paris ITALY 75 Pl SolVin Italia S.p.A., Ferrara GERMANY 75 Pl Inergy Automotive Systems (Germany), Karben 50 Pl Pipelife Deutschland Verwaltungs-GmbH Bad Zwischenahn, Bad Zwischenahn 50 Pl Pipelife Deutschland GmbH & Co KG Bad Zwischenahn, Bad Zwischenahn 50 Pl Pipelife Deutschland Asset Management GmbH, Bad Zwischenahn 50 Pl Solvay & CPC Barium Strontium GmbH & Co KG, Hannover 75 Ch Solvay & CPC Barium Strontium International GmbH, Hannover 75 Ch SolVin GmbH & Co KG, Hannover 75 Pl SolVin Holding GmbH, Hannover SPAIN 75 Pl Hispavic Iberica S.L., Barcelona 75 Pl Inergy Automotive Systems (Spain) S.L., Vigo 50 Pl Inergy Automotive Systems Valladolid, S.L., Gava 50 Pl Pipelife Hispania S.A., Zaragoza 50 Pl Vinilis S.A., Barcelona PORTUGAL 48.8 Pl Pipelife Portugal-Sistemas de Tubagens Plasticas Lda, Nogueira Da Maia AUSTRIA 50 Pl Pipelife International GmbH, Wiener Neudorf 50 Pl Pipelife Austria GmbH & Co KG, Wiener Neudorf 50 Pl Solvay Sisecam Holding AG, Wien 64.4 Ch
GREAT BRITAIN Inergy Automotive Systems (UK), Telford IRELAND 50 Pl Inergy Reinsurance Ltd , Dublin SWEDEN 50 Pl Pipelife Sverige A.B., Oelsremma 50 Pl Pipelife Hafab A.B., Haparanda 50 Pl Pipelife Nordic A.B., Göteborg NORWAY 50 Pl Pipelife Norge AS, Surnadal FINLAND 50 Pl Pipelife Finland OY, Oulu 50 Pl Pipelife M-Plast OY, Kaavi 50 Pl Propipe OY, Oulu POLAND 50 Pl Pipelife Polska S.A., Karlikowo 50 Pl Inergy Automotive Systems Poland Sp. z o.o., Warszawa ROMANIA 50 Pl Inergy Automotive Systems Romania S.R.L., Pitesti 50 Pl Pipelife Romania S.R.L., Cluj-Napoca SLOVENIA 50 Pl Pipelife Slovenija, d.o.o., Trzin ESTONIA 50 Pl Pipelife Eesti AS, Tallinn LITHUANIA 50 Pl Pipelife Lietuva UAB, Vilnius LATVIA 50 Pl Pipelife Latvia SIA, Riga BULGARIA 50 Pl Deven AD, Devnya 64.4 Ch Solvay Sodi AD, Devnya CROATIA 64.4 Ch Pipelife Hrvatska Republika d.o.o., Karlovac HUNGARY 50 Pl Pipelife Hungaria Kft, Debrecen CZECH REPUBLIC 50 Pl Pipelife Czech s.r.o., Otrokovice SLOVAKIA 50 Pl Inergy Automotive Systems Slovakia sr.o., Bratislava 50 Pl Pipelife Slovakia s.r.o., Piestany GREECE 50 Pl Pipelife Hellas S.A., Moschato Attica 50 Pl 101 Solvay Global Annual Report 2005
Page 1 and 2:
Driven by the future Growth, Compet
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Highlights January 2005 Solvay fi n
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Activities Group sales 2005 = EUR 8
Page 7 and 8:
Our Vision - Independent industrial
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here to stay, in our view irreversi
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Board of Directors and Corporate Go
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4 Executive Committee and General M
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Such a strategy is possible only wi
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Specialities Solvay Specialties fro
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Key fi gures [EUR million] Pharmace
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Cardiometabolic Cardiovascular dise
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Cardiometabolics Fenofi brate, TRIC
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“ DUODOPA® entered Solvay’s pr
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Pharmaceuticals Sector Therapeutic
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Key fi gures [EUR million] Chemical
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Growth To speed up its growth, the
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Initiatives have also been launched
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“ The ‘Soil Remediation Reagent
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Key fi gures [EUR million] Plastics
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Innovation “Twin-Sheet Blow Mould
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Plastics 37 Solvay Global Annual Re
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which it was able to take advantage
Page 45 and 46:
New Business Development Priority t
Page 47 and 48:
Meeting The Science Days organized
Page 49 and 50:
Human Resources The Group’s fi ve
Page 51 and 52:
“ At the end of this seminar, all
Page 53 and 54: Sustainable Development 2005 saw th
Page 55 and 56: Accident frequency rate Persons wor
Page 57 and 58: Management Report New records for S
Page 59 and 60: Expenditure on the future by Sector
Page 61 and 62: Financial Statements The following
Page 63 and 64: Consolidated balance sheet EUR mill
Page 65 and 66: IFRS valuation rules The main accou
Page 67 and 68: 9. Impairment Every year the Group
Page 69 and 70: Notes to the fi nancial statements
Page 71 and 72: (2) Financial data by region These
Page 73 and 74: and the estimated fi nancial conseq
Page 75 and 76: The deferred taxes recorded in the
Page 77 and 78: 2005 Millions EUR Acquisitions Disp
Page 79 and 80: Neopharma On January 19, 2005 the S
Page 81 and 82: (around 300 persons) with a view to
Page 83 and 84: In 2005 the impairment tests on goo
Page 85 and 86: Solvay Group purchased 100% of the
Page 87 and 88: Post-employment benefi t plans are
Page 89 and 90: Actuarial assumptions used in deter
Page 91 and 92: Analysis of total fi nancial debt b
Page 93 and 94: In this way, at the end of 2005, th
Page 95 and 96: The following amounts relating to J
Page 97 and 98: PORTUGAL Fournier Farmaceutica Port
Page 99 and 100: List of fully consolidated Group co
Page 101 and 102: Solvay Salz Holding GmbH, Hannover
Page 103: CANADA Fournier Pharma, Inc., Montr
Page 107 and 108: Summary fi nancial statements of So
Page 109 and 110: Statutory auditor’s report to the
Page 111 and 112: The Solvay share compared with the
Page 113 and 114: Contacts: The Investor Relations Te
Page 115 and 116: Shareholders’ Diary - May 9, 2006
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Pharmaceuticals Sector - Solvay

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