Trading Update First Quarter 2021
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DEME Takes Delivery of 'Spartacus'
date 4 August 2021 pages 2 PRESS RELEASE DEME takes delivery of ‘Spartacus’ - the most powerful and innovative cutter suction dredger in the world DEME has taken delivery of its giant new cutter suction dredger ‘Spartacus’ from Dutch shipyard Royal IHC. With the signing of the handover, taking place on August 3, the construction process officially comes to an end and the vessel will now head to its first project in Egypt. ‘Spartacus’ sets a new benchmark in the global dredging market. Its groundbreaking, eco-friendly design and countless innovations on board make it one of a kind. ‘Spartacus’ is the world's largest and most powerful self-propelled cutter suction dredger and also the first able to run on liquefied natural gas (LNG). Unrivalled production capacity With a total installed power of 44,180 kW, its production capacity and ability to cut hard soil are unmatched in the industry. The four main engines can run on Low Sulphur Heavy Fuel Oil, Marine Diesel Oil, as well as LNG, and the two auxiliary engines have dual-fuel technology. The CSD also has a waste heat recovery system that converts the heat from the engines’ exhaust gases into electrical energy. The heavy cutter ladder, able to be controlled and operated from the bridge by a single person, can operate up to a dredging depth of 45 m. First project ‘Spartacus’ will immediately set sail for its first assignment in Abu Qir, Egypt, whereby it will participate, alongside many of DEME’s trailing suction hopper dredgers, in the largest dredging and land reclamation project ever in DEME’s history. -
Annual Results 2020
Green Offshore ANNUAL RESULTS 2020 PRESS RELEASE ANTWERP, FEBRUARY 26, 2021, 7.00 Regulated information within the meaning of the Royal Decree of 14 November 2007 1 Annual results 2020 ACKERMANS & VAN HAAREN IN 2020 • Ackermans & van Haaren realised a net profit of 229.8 million euros over the full year 2020. • Despite the continuing impact of the corona pandemic into the second half of the year, the results of the group made a strong recovery (net profit H2 2020: 173.5 million euros). • An increase of the dividend to 2.35 euros per share is proposed to the general meeting of share- holders. “I am extremely proud of the resilience shown by our 22,331 colleagues throughout the AvH group amidst these uncertain and volatile times caused by the COVID crisis. Over 2020, the AvH group realises a very solid net profit of 230 million euros. Based upon strong portfolio performances, both Delen Private Bank and Bank J.Van Breda & C° realised very strong in- flows of new assets under management that have reached a record level of more than 54 billion euros at year-end 2020. On the back of a strong push towards more renewable energy sources and greening the world economy, DEME increased its order backlog to a record level of more than 4.5 billion euros. We remain committed to invest in strengthening our portfolio, and investing in a more sustainable and digital savvy world, as illustrated by our recent investments in OMP, Verdant Bioscience, Medikabazaar and Indigo Diabetes.” (The full video message can be viewed at www.avh.be/en/investors/results-centre/year/2021.) Jan Suykens, CEO - Chairman of the executive committee • Ackermans & van Haaren realised a net profit of 229.8 million eu- Breakdown of the consolidated net result ros over the full year 2020. -
Financial Information 2018 Preliminary Remark
FINANCIAL INFORMATION FINANCIAL FINANCIAL INFORMATION 2018 2018 PRELIMINARY REMARK To serve the needs of our shareholders, customers, banks and other stakeholders, DEME chose to prepare an activity report accompanied by financial information that is prepared in accordance with the recognition and measurement principles of International Financial Reporting Standards (IFRS) as adopted by the European Union (EU). The underlying consolidated financial statements do not contain all the explanatory notes required by IFRS and are therefore not fully compliant with IFRS as adopted by the EU. This financial information report includes the financial highlights, consolidated statement of financial position and consolidated state- ment of income, consolidated cash flow statement, consolidated statement of changes in equity and some relevant explanatory notes. The parent company balance sheet and statement of income is also included. The financial annual report of DEME is a separate brochure, which contains both the officially approved and published parent company and consolidated accounts that are prepared in accordance with Belgian Generally Accepted Accounting Principles (Belgian GAAP). In February 2013 DEME successfully emitted a 6-year corporate bond of 200 million EUR on Euronext Growth (formerly known as NYSE Alternext). The financial annual report of DEME is prepared in accordance with the Belgian Royal Decree on the obligations of issuers of financial instruments. 4 TABLE OF FINANCIAL HIGHLIGHTS 6 DEME Group Key Figures 9 DEME Group Evolution -
Activity Report DEME 2016.Pdf
Activity Report 2016 Table of contents Introduction The year at a glance 6 Group structure 8 Message from the Board of Directors 11 Management Team and Board of Directors 14 Financial highlights 16 About DEME Strive for sustainability 18 People at DEME 24 Health and safety 26 Innovation 28 Fleet investment programme 36 Export and project finance 41 Continuous improvement 42 Corporate Social Responsibility 44 Dredging Solutions Benelux 56 North Europe 60 Mediterranean 64 Eastern Europe and Russia 68 Asia and Oceania 70 Africa 74 Middle East 78 Latin America 80 Indian Subcontinent 84 Indian Ocean 88 Dredging Plus Solutions Marine & Offshore Solutions 94 Environmental Solutions 114 Infra Marine Solutions 124 Fluvial & Marine Resources 130 Concessions 134 DEME fleet and offices 138 A GLOBAL SOLUTIONS PROVIDER DEME is a world leader in the highly specialised fields of dredging, marine engineering and environmental remediation. The Group can build on more than 140 years of know-how and experience and has fostered a pioneering approach throughout its history, being a front runner in innovation and new technologies. Although DEME’s activities originated with its core dredging business, the portfolio diversified substantially over the decades. Today’s activities encompass dredging, land reclamation, hydraulic engineering, services for the offshore oil & gas and renewable energy industries and environmental works. DEME’s vision is to work towards a sustainable future by offering solutions for global, worldwide challenges: rising sea levels, climate change, the transition towards renewable energy, polluted rivers and soils, a growing population and the scarcity of natural resources. While the company’s roots are in Belgium, DEME has built a strong presence in all of the world’s seas and continents, operating in more than 90 countries worldwide. -
World Bank Document
Report Nº: 72400-AR Province of San Juan Republic of Argentina Public Disclosure Authorized Public Financial Management Assessment July 2012 World Bank Country Management Unit for Argentina, Paraguay, and Uruguay Financial Management Unit, Operational Services Department Latin America and the Caribbean Region Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized World Bank Document PFMA Study – Province of San Juan – Republic of Argentina ii CURRENCY EQUIVALENCE AND APPROXIMATE EXCHANGE RATE Currency Unit: (AR) Peso - US$1 = 4.49 pesos ECONOMIC FISCAL YEAR January 1st – December 31st ABBREVIATIONS AND ACRONYMS AGAs Autonomous Government Agencies BOGAR Spanish acronym for Guaranteed National Bonds CA Central Administration CFAA Country Financial Accountability Assessment COA Court of Accounts COFOG Classification of Functions of Government DSA Debt Sustainability Analysis FML Financial Management Law FRL Fiscal Responsibility Law GA General Administration GAO General Accounting Office GDP Gross Domestic Product GFS Government Finance Statistics GGP Gross Geographic Product IFIs International Financial Institutions IMF International Monetary Fund MDAs Ministries, Departments, and Agencies MOF Ministry of Finance NA National Administration NB National Bank NFPA Non-Financial Public Administration NFPS Non-Financial Public Sector PDB Province Directorate of Budgeting PDIT Province Directorate of Information Technology PEFA Public Expenditure and Financial Accountability PFM Public Financial Management PFMA Public Finance Management Assessment PGT Province General Treasury PI PEFA Indicator SAI Supreme Audit Institution SIIF Spanish acronym for Financial Information Integrated System SN Sub-National SOEs State-Owned Enterprises TSA Treasury Single Account TSS Tax Sharing System UF Unified Fund UN United Nations WB World Bank The World Bank Government of the Province of San Juan Vice President: Hasan Tuluy Governor: José Luis Gioja Country Director: Penelope Brooks Minister of Finance: Víctor Molina Manager: Trichur K. -
Disability Accessibility Audit Report
ACCESSIBILITY AUDIT ON BASIC AND SECOND CYCLE SCHOOLS STRUCTURES IN THE HO MUNICIPALITY This report gives analysis of baseline survey and provides up-to-date baseline data/evidence of inaccessibility nature of several basic and second cycle schools structures in the Ho Municipality. There are a total of 340 basic and second cycle schools in the Ho Municipality. VOLPHIG surveyed 216 of these schools. Analysis of responses from authorities of the schools surveyed indicated that 94.4% of the schools have no provision of access for persons with disabilities. Majority of the schools also have poor access to their toilet, urinals, libraries and ICT centre for persons with disabilities. Some schools have verandas and walkways that have stairs in between them and cannot be used by persons with disabilities. The findings indicated gross abuse of Sections 6 and 60 of the Persons with Disability Act, 2006 (Act, 715), which mandates owners and occupiers of public buildings including schools to provide easy access for persons with disabilities. The report draws on the findings to provide recommendations for improving access to schools structures in the Ho Municipality for persons with disabilities. Introduction VOLPHIG is a registered NGO managed for and by people with disabilities in the Volta Region. The organization is focused on working across disability to build capacity of cross disability self-help groups at the grassroots level in Ghana. VOLPHIG had received funding from the STAR-Ghana - Strengthening Transparency, Accountability and Responsiveness in Ghana www.star-ghana.org to carry out vigorous advocacy to ensure school structures in the Ho Municipality are made accessible for use by persons with disability. -
CFE Annual Report
Annual Report 2009 129 th corporate financial year Proud of their many realisations, the teams of the CFE group are pleased to present the activity report for the year 2009. Compagnie d’Entreprises CFE SA Founded in Brussels on June 21, 1880 Headquarters: 42, avenue Herrmann-Debroux, 1160 Brussels – Belgium Company number 0400.464.795 RPM Brussels Telephone: +32 2 661 12 11 Fax: +32 2 660 77 10 E-mail: [email protected] Internet: http://www.cfe.be 1 Edito As expected, the CFE group’s 2009 revenue and profit came in below those of the previous year, when it achieved its best-ever perform- ance. However, the decline in revenue (€ -125 million), operating profit (€ -19.3 million) and net after-tax profit (€ -8.2 million) was modest against the backdrop of the global economic crisis. All divisions made a positive contribution to profit. DEME deserves special recognition for again demonstrating its ability to strengthen its position in the international dredging market, fully vindicating the substantial investments made in recent years to modernise its fleet. CFE has many strengths that enable it to weather the economic crisis and move confidently into 2010. The order book, standing at € 2,024 million, is satisfactory, although construction activity is likely to decline from the 2009 level. We intend to resist the temptation to take orders at any price, concentrating instead on profit. To do this, our recent international expansion, especially in Tunisia, holds out good prospects for repositioning our activity. CFE’s broad diversity of business lines and geographical locations is an additional asset, as is our sound financial position, which shields us from liquidity problems. -
Dredging the Panama Canal and Its Challenges III WEDA Central America Chapter Congres 13 - 15 September 2016
Dredging the Panama Canal and its Challenges III WEDA Central America Chapter Congres 13 - 15 September 2016 Creating Land for the Future DEME | Creating land for the future DEME Proprietary Information | Commercial in Confidence (see last page) 1 Content Who What Recent Projects in the Questions are we? do we do? Panama Canal DEME | Creating land for the future DEME Proprietary Information | Commercial in Confidence (see last page) 2 Who are we? DEME | Creating land for the future DEME Proprietary Information | Commercial in Confidence (see last page) 3 Introduction to DEME . Global solution provider in the maritime environment . 150 years of experience in its core dredging activities . Making the difference through innovation, but in a sustainable and safe way . Active worldwide . Turnover 2015: 2,6 billion USD . + 4,000 employees DEME | Creating land for the future DEME Proprietary Information | Commercial in Confidence (see last page) 4 What do we do? DEME | Creating land for the future DEME Proprietary Information | Commercial in Confidence (see last page) 5 6 activities for global solutions Marine and Dredging & land Environmental offshore reclamation solutions solutions Fluvial and Concessions & Infra marine marine project finance solutions resources solutions DEME is a global solution provider DEME | Creating land for the future DEME Proprietary Information | Commercial in Confidence (see last page) 6 Dredging and land reclamation Dredging Armada active on the Suez Canal Expansion Project (2015) Egypt - JV with GLDD - Contract -
Walloon Motorways Head Into the Future
MARCH 13TH, 2019 1/5 PRESS RELEASE “Plan Lumières 4.0”: WALLOON MOTORWAYS HEAD INTO THE FUTURE Verlaine, March 13th, 2019 - Carlo DI ANTONIO, Walloon Minister for Mobility, and the SOFICO (Société Wallonne de Financement Complémentaire - Walloon Complementary Infrastructure Financing Company) have just allocated a contract for the design, modernization, financing, management and maintenance of public lighting installations on main roads and motorways in the Walloon region to the LuWa consortium, composed of Citelum (authorized representative), Luminus, CFE and DIF. The «Plan Lumières 4.0» (Lighting Plan 4.0), with a 20-year duration, will be executed under a PPP (public/private partnership). The contract includes the gradual commissioning of the new lighting starting on the second half of 2019 and the renewal of network infrastructure using LED lighting, i.e. around 100,000 lighting points over the first four years. “Thanks to the new light sources, i.e. the LED, and a dynamic lighting made possible by new technologies, this plan will contribute to ensure a better service to users and to significantly reduce the energy bill with a consumption cut by around 76%” underlines Carlo DI ANTONIO. Europe’s first smart and connected motorways To meet all possible usage scenarios, the lighting points will be equipped with various remote management systems and several sensor types. The fully connected, smart network will enable light intensity to be modulated in accordance with traffic and various usage scenarios in addition to remote management via the new PEREX traffic management and monitoring center, located in Daussoulx (Namur province), when needed: weather conditions, road works, accidents, etc. -
Deme, a Stock, Or a Subspecies? These and Other Definitions
Is It a Deme, a Stock, or a Subspecies? These and Other Definitions BY Robert L. Wilbur Jim Seeb Lisa Seeb and Hal Geiger Regional Information ~e~ort'No. 5598-09 Alaska Department of Fish and Game Commercial Fisheries Management and Development Division Juneau, Alaska March 1998 1 The Regional Information Report Series was established in 1987 to provide an information access system for all unpublished divisional reports. These reports frequently serve diverse ad hoc informational purposes or archive basic uninterpreted data. To accommodate timely reporting of recently collected information, reports in this series undergo only limited internal review and may contain preliminary data; this information may be subsequently finalized and published in the formal literature. Consequently, these reports should not be cited without prior approval of the author or the Division of Commercial Fisheries. INTRODUCTION These population-based definitions were originally prepared in 1996 to aid the Alaska Board of Fisheries in developing consistent applications for the terms used in their guiding principles, and to assist in dialog related to improving management of fish populations. They are archived in this report for reference purposes with only minor changes from the draft originally reviewed by the board 2 years ago. These terms are important because application of the board's guiding principles can affect the management regimes the board selects to achieve its objectives. These decisions will significantly influence the future long-term well-being of fish stocks, as well as the socioeconomic well-being of the resource users. Therefore, it is important the terms be clearly understood for not only their literal meaning, but more importantly, for their pragmatic use in the real world of Alaska's fisheries management. -
The New Federalist
The New Federalist Gordon Tullock adapted for Canadian readers by Filip Palda The Fraser Institute Copyright © 1994 by The Fraser Institute. All rights reserved. No part of this book may be reproduced in any manner whatsoever without written permission except in the case of brief quotations embodied in critical articles and reviews. The author of this book has worked independently and opinions expressed by him, therefore, are his own, and do not necessarily reflect the opinions of the members or the trustees of The Fraser Institute. Canadian Cataloguing in Publication Data Tullock, Gordon. The new federalist Includes bibliographical references. ISBN 0-88975-164-1 1. Decentralization in government—Canada. 2. Fed- eral-provincial relations—Canada. 3. Federal govern- ment— Canada. 4. Social choice—Canada. I. Palda, Filip (K. Filip). II. Fraser Institute (Vancouver, B.C.). III. Title. JS113.T84 1994 354.71’07’3 C94-910080-3 www.fraserinstitute.org Contents Foreword ..................... vii Preface ...................... xv Bibliographic Note ................. xix Acknowledgements ................ xxi Chapter 1: Introduction ................1 Chapter 2: The Sunshine Mountain Ridge Homeowners’ Association and Other Villages ...... 9 Chapter 3: Why Do We Have Some Things Done by Government and Which Governments Should Do Them? ............17 Chapter 4: “Sociological” Federalism as a Way of Reducing Ethnic and Religious Tension ....... 39 Chapter 5: Democracy As It Really Is ......... 53 Chapter 6: A Bouquet of Governments ......... 61 Chapter 7: Some Myths About Efficiency ........ 77 Chapter 8: Intergovernmental Bargaining and Other Difficulties ................99 Chapter 9: Technical Problems ........... 111 Chapter 10: Peace and Prosperity: How To Get Them ................. 133 www.fraserinstitute.org www.fraserinstitute.org Foreword ORDON TULLOCK IS A FOUNDER of the intellectual movement Gknown as public choice. -
Dredging International, Belgium
DEME approach to port infrastructure development in the Russian Federation. Dredging International , Belgium In the current economical and financial conditions Transport strategy implements active government position on social and economical development, improvement of Russia transport system competitiveness, based on innovative and environment friendly approach. There are graduate attention to sea port modernization and new ports construction in the transport strategy of RF. Recent year’s impressive development has taken place in the Baltic basin. Considerable dredging and hydro construction works were done in such ports as Ust-Luga, Primorsk, Vysotsk. This region has being a strategic corridor, or so-called “window” to Europe from historical ages and remains as such. There for further development is foreseen here. However the other regions pulling more and more attention of investors due to their high potential: North basin ports keep intentions to boost the coal-handling capacities and developing support bases for shelf oil and gas projects. South basin is very attractive area for ports development as the Russian transport corridor to the Mediterranean, Middle East, Africa, South and South-East Asia, and Far East ports are the gates to Pacific and America markets. DEME is a global offshore and marine contractor. DEME can look back on nearly 150 years of experience in worldwide contracting. Throughout the years a number of specialized activities have been developed in support of the core business, dredging and land reclamation. They are all related to hydraulic engineering, offshore and environmental works. Thus in 1991 DEME group was found to pool all resources together. Group main activities , its’ 5 strengths are: dredging and reclamation, marine engineering, environment techniques, fluvial and marine aggregates, project development and concession.