Financial annex. Passion & Solutions

Transcription

1 2016 Financial annex Passion & Solutions

2 Foreword Philippe Mayaud VICE PRESIDENT The purpose of this document is to give an overview of the 2016 consolidated accounts of the Artelia Group. It does not follow any standardised presentation. In no circumstances can it take the place of the financial documents required by law, and in particular the appendix to the accounts attached to the management report. We have the pleasure to inform you that our auditors have certified the group accounts without reserve. The Administration and Finance Department is at your disposal to provide any further information that you may require. Contents Organisation chart 1 Consolidated balance sheet 2 Consolidated income statement Cash flow statement 3 International subsidiaries 4 Statutory auditor s report on the consolidated financial statements 5

3 Organisation chart AT 31 DECEMBER 2016 Senior Partners SAS 17% 31% Other direct shareholders New Partners sas 38% FCPE 11% HOLDING sas Financial partner 3% Bâtiment & Industrie Sas Ville & Transport Sas International Sas Eau & Environnement Sas SPGA Sas 49% PCSI Sas Artelia LLC (Qatar) International CLI Sas SAGA Sas Subsidiaries 99.99% 99% CICA Sa SECOA Sarl cf. list SPRETEC Sas SCI ARTELIMMO 1 SIS Conseil Sas Sam Artelia Monaco Coteba Management Polynésie Sarl Artelia Développement Sas Edelia Sas 99.75% QUADRIC Sas of subsidiaries on page 4 Financial annex

4 Consolidated balance sheet EXPRESSED IN EUROS AT 31 DECEMBER Assets Gross value Amortisations and provisions Net value Net value Intangible assets Goodwill Tangible assets Long term investments Equity investments FIXED ASSETS Inventories & work in progress Prepayments to suppliers Trade notes & accounts receivables (1) Other receivables (2) Short term investments Cash and cash equivalents (3) Prepaid expenses CURRENT ASSETS TOTAL ASSETS (1) of which trades notes booked as agent or principal (2) of which others trades notes booked as agent or principal (3) of which cash managed on behalf of third party k k k k k k Equity & Liabilities Capital Share capital premiums Reevaluation reserves Retained earnings Foreign exchange translation adjustment Net income of the year PARENT SHAREHOLDERS EQUITY Minority interest PROVISIONS FOR CONTINGENCIES AND ACCRUALS Mid and longterm borrowing (4) Advance payables Trade payables (5) Other payables (6) Deferred income and prepaid expenses LIABILITIES TOTAL EQUITY & LIABILITIES (4) including borrowings on PublicPrivate Partnership contracts (5) of which trade payables booked as agent or principal (6) of which debts booked as agent or principal k k k k k k 2 Financial annex 2016

5 Consolidated income statement EXPRESSED IN EUROS AT 31 DECEMBER 2016 SALES Own work capitalised Other operating income Purchases and other production costs Wages and salaries Other operating expenses Taxes Amortisation and net change in provisions and depreciation OPERATING INCOME Financial gains and losses CURRENT INCOME FROM FULLY CONSOLIDATED COMPANIES Extraordinary gains and losses Income tax NET INCOME FROM FULLY CONSOLIDATED COMPANIES Equity income Amortisation of goodwill NET CONSOLIDATED INCOME Minority interest NET INCOME ( GROUP PART ) Cash flow statement EXPRESSED IN THOUSAND OF EUROS AT 31 DECEMBER Integrated companies net result Minority interests Restatement of noncash items. Depreciation and amortisation. Variance in deferred tax. Capital gain/loss on disposal of fixed assets. Equity income GROSS CASH FLOW Variance in operating working capital requirements NET OPERATING CASH FLOW Capital expenditures Disposal of fixed assets (selling price) Group perimeter variances Change in liabilities to fixed assets suppliers NET CASH FLOW USED IN INVESTING ACTIVITIES Dividends paid to shareholders Dividends paid to minority interests Increase in share capital New financial debts Group perimeter variances Repayment of financial debts NET CASH FLOW RELATED TO FINANCING ACTIVITIES Variances related to currency exchange rate NET INCREASE/DECREASE IN CASH Cash and cash equivalents beginning of the year (1) Cash and cash equivalents end of the year (1) (1) Without cash managed on behalf of third party Financial annex

6 International subsidiaries AT 31 DECEMBER 2016 AFRICA Algeria Co.te.ba El Djazair Sarl Sogreah Algérie Eurl Egypt Sogreah Middle East Sa Ivory Coast Artelia Côte d Ivoire SASU Madagascar Artelia Madagascar SRL U Morocco Artelia Maroc S.A. Rwanda SHER Consult Ltd ** South Africa Artelia (Pty) Ltd AMERICA Brazil Canada Colombia Artelia Brasil Administraçâo e consultoria para projetos e obras limitada 19,6 % Artelia Brasil Desenvolvimento e Gerenciamento LTDA Artelia Canada INC. Artelia Colombia SAS ASIA OCEANIA China India Oman Guangzhou Artelia Environmental Protection Consultancy CO.Ltd Artelia (India) Private Limited Artelia Muscat Engineering Consultancy LLC 99% 88% 99.83% 69.66% 80% 75% 65% EUROPE Austria Artelia Austria GmbH Belgium Artelia Belgium S.A. Sher S.A. JVL Consulting S.A. ** Bulgaria Artelia EOOD Sher Bulgaria EOOD ** Cyprus Artelia Cyprus Limited Czech Republic Artelia s.r.o. * Denmark Artelia Denmark ApS Germany Artelia GmbH Great Britain Artelia Projects UK Limited Appleyards Limited Greece Coteba Hellas Project Management SA Hungary Poligon Teta Mérnöki Iroda Kft. *** Ireland Artelia Ireland Limited Italy Artelia Italia S.p.A Intertecno SpA Netherlands Artelia Nederland b.v. Norway Artelia Norway AS Poland Artelia Sp. zo.o. * Project Management Intertecno Sp. Z o.o. *** Romania Artelia Romania S.r.l Russia OOO Artelia Rus Spain Artelia Spain, S.L.U. Sweden Coteba Sweden AB Switzerland Artelia Suisse S.A. Turkey Artelia Muhendislik Ve Danismanlik Hizmetleri A.S % 51% 50% 99% 50.40% 99.80% Singapore Myanmar Cambodia Philippines Thaïland U.A.E. Vietnam Artelia Singapore PTE. LTD Artelia Myanmar Company Limited Artelia (Cambodia) Co., Ltd. Artelia Asiantechnicon Inc. Artelia Cornestone LTD Sogreah Gulf FZCO Artelia Vietnam Company Limited % 75% 60% 70% * Subsidiaries of Artelia Austria GmbH ** Subsidiaries of Sher S.A *** Subsidiaries of Intertecno SpA The Fidji Islands Coteba (Fidji) Limited 4 Financial annex 2016

7 STATUTORY AUDITOR S REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS Financial annex

8 Graphic design: Artelia_Véronique Lavastre I Published 07/2016