Pharmaceuticals Sector - Solvay

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A strategy of sustainable and profi table growth 2 Solvay Global Annual Report 2005 Strategy The change strategy we launched in 1998 focused on two major elements: strengthening our leadership in all our activities and accelerating the development of the Pharmaceuticals Sector and our Specialties products. These objectives have been more than met. In June 2004 they were extended by giving unambiguous priority to sustainable and profi table growth. This strategic development commits the Group on three fronts: – priority on growth - in pharmaceuticals, chemicals and selected plastics areas; – innovation, the key to growth and to constantly improving competitiveness; – increased presence in Asia, the Americas and Eastern Europe.
Our Vision – Independent industrial Group – Global vision – Balanced portfolio – Sustainable, profi table and constantly growing businesses. Our Mission – Scientifi c, technical and commercial competences – In chemistry and human health – Supplying innovative products and services – Creating constantly growing added value. Mission, Vision, Values a Passion for Progress ® Our values This strategy marks the Group’s determination to target its various business entities more precisely on ambitious objectives and, through innovation and better management of our internal processes, to move into new areas and manage our business better and faster than before. – Ethical behaviour – Respect for people – Customer care – Empowerment – Teamwork. Solvay Global Annual Report 2005 3
Page 1 and 2: Driven by the future Growth, Compet
Page 3 and 4: Highlights January 2005 Solvay fi n
Page 5: Activities Group sales 2005 = EUR 8
Page 9 and 10: here to stay, in our view irreversi
Page 11 and 12: Board of Directors and Corporate Go
Page 13 and 14: 4 Executive Committee and General M
Page 15 and 16: Such a strategy is possible only wi
Page 17 and 18: Specialities Solvay Specialties fro
Page 19 and 20: Key fi gures [EUR million] Pharmace
Page 21 and 22: Cardiometabolic Cardiovascular dise
Page 23 and 24: Cardiometabolics Fenofi brate, TRIC
Page 25 and 26: “ DUODOPA® entered Solvay’s pr
Page 27 and 28: Pharmaceuticals Sector Therapeutic
Page 29 and 30: Key fi gures [EUR million] Chemical
Page 31 and 32: Growth To speed up its growth, the
Page 33 and 34: Initiatives have also been launched
Page 35 and 36: “ The ‘Soil Remediation Reagent
Page 37 and 38: Key fi gures [EUR million] Plastics
Page 39 and 40: Innovation “Twin-Sheet Blow Mould
Page 41 and 42: Plastics 37 Solvay Global Annual Re
Page 43 and 44: 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
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IFRS valuation rules The main accou
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9. Impairment Every year the Group
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Notes to the fi nancial statements
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(2) Financial data by region These
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and the estimated fi nancial conseq
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The deferred taxes recorded in the
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2005 Millions EUR Acquisitions Disp
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Neopharma On January 19, 2005 the S
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(around 300 persons) with a view to
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In 2005 the impairment tests on goo
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Solvay Group purchased 100% of the
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Post-employment benefi t plans are
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Actuarial assumptions used in deter
Page 91 and 92:
Analysis of total fi nancial debt b
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In this way, at the end of 2005, th
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The following amounts relating to J
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PORTUGAL Fournier Farmaceutica Port
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List of fully consolidated Group co
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Solvay Salz Holding GmbH, Hannover
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CANADA Fournier Pharma, Inc., Montr
Page 105 and 106:
GREAT BRITAIN Inergy Automotive Sys
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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