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Ferdinand Golden
5 years ago
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1 Page 1 sur 6 PRESS RELEASE 25TH SEPTEMBER, 2006 FINANCIERE DE TUBIZE Increase of half-year net current result of 9 %. I. (Non-consolidated figures) The Board of Directors published the half-year financial results 2006 of the Financière de Tubize. STATUTORY RESULTS (in EURO) SEM 2005 SEM 2006 Recurrent financial result 47,678, ,351, Other recurrent result (-) 715, (-) 104, Recurrent result before tax 46,963, ,247, Tax 1, Recurrent result after tax 46,962, ,247, Dividend of Obourg to former Tubize 14,102, Capital result 68,197, ,595, Net result after tax 129,261, ,842, Recurrrent result per share Net result per share after tax Total number of shares 44,608, ,608, (Non-consolidated figures) The recurrent result after tax for the half-year 2006 amounts to 51,247, compared to 46,962, in This result mainly represents the UCB dividend amounted to 53,996,800. The capital result in 2006 amounts to 74,595, and results from purchases and sales of UCB shares realized by Financière de Tubize. Prospects: Taking into account dividend UCB perceived in June, acquisitions of actions UCB in the first half of 2006 and other acquisitions possible to come, and forecasts of the second six-month period, the result of the year should confirm a rise compared to The planned dates for the board meetings in 2007 are: 22 March 2007, 10 September The ordinary shareholder meeting will take place on April 23, Contact. II. (Consolidated Accounts) The consolidated accounts at the June 30, 2006 have been drawn up in accordance with IFRS as adopted by the European Union. The stake in UCB is consolidated by the equity method, as UCB is viewed as an associated company upon which Financière de Tubize exercises considerable influence. The equity method is based on the shareholders' equity and results of the UCB group established in accordance with IFRS standards. The basis for preparation of consolidated accounts and the accounting rules described in the last annual report have not been modified. CONDENSED CONSOLIDATED BALANCE-SHEET (EURO thousands) ASSETS 2005 June 2006 Notes I. NON-CURRENT ASSETS 1,006,389 1,134,988 Stake in associated companies 1,005,789 1,134,388 1 Other financial assets II. CURRENT ASSETS 12,527 48,119 Customers and other debtors 5,329 5,395 2 Other debtors 5,329 5,395 Cash and cash equivalents 7,190 42,723 2 Other current assets 8 1 TOTAL ASSETS 1,018,916 1,183,107

2 Page 2 sur 6 LIABILITIES 2005 June 2006 Notes I. TOTAL SHAREHOLDERS' EQUITY 901, ,109 3 Subscribed capital 236, ,225 Share capital 235, ,000 Premiums 1,225 1,225 Reserves 665, ,884 II. LIABILITIES 117, ,998 A. Non-current liabilities 85, ,315 Interest-bearing non-current liabilities 73, ,600 Bank loans 73, ,600 4 Deferred tax liabilities 11,715 13,715 B. Current liabilities 32,207 38,683 Current interest-bearing liabilities 29,780 29,780 Bank loans 29,780 29,780 Trade payables and other creditors 411 4,470 Other creditors 411 4,470 Other current liabilities 2,016 4,433 TOTAL LIABILITIES 1,018,916 1,183,107 INCOME STATEMENT CONSOLIDATED CONDENSED (EURO thousands) June 2005 June 2006 Notes Income from ordinary activities 0 0 Other operating income Interest 0 0 Other operating income Operating costs ( - ) (-) 716 (-) 105 Personnel costs (-) 39 (-) 37 Other operating costs (-) 677 (-) 68 Operating result (-) Financial charges (-) 2,941 (-) 2,838 Share in the net result of associated companies 259,750 99,659 5 Result before tax 256,116 96,910 Tax charges (income) on the profit (-) 1 (-) 2,000 6 Result after tax 256,115 94,909 Financial year result 256,115 94,909 From minor interests 0 0 From parent company shareholders 256,115 94,909 Result per share Result per share and diluted result are the same. The number of shares Financière de Tubize in circulation amounted to 44,608,831. NOTES TO CONSOLIDATED OF INTERMEDIATE FINANCIAL STATEMENTS

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COFINA, SGPS, S.A. Public company

COFINA, SGPS, S.A. Public company Head Office: Rua do General Norton de Matos, 68, r/c Porto Fiscal Number: 502 293 225 Share Capital: 25,641,459 Euro 3 rd quarter 16 FINANCIAL INFORMATION (unaudited)