Eutelsat Communications Rapport De Gestion 2016-17

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Eutelsat Communications Rapport De Gestion 2016-17 Société anonyme à Conseil d’Administration au capital de 232 774 635 euros Siège social : 70 rue Balard, 75015 Paris 481 043 040 R.C.S. PARIS RAPPORT DE GESTION DU CONSEIL D’ADMINISTRATION SUR LES COMPTES CONSOLIDÉS ET SOCIAUX DE L’EXERCICE CLOS LE 30 JUIN 2017 Eutelsat Communications • 1 INDEX ................................................................ 1 INTRODUCTION .................................................................................................................................................................. 4 1 POINTS-CLES DE L’EXERCICE ..................................................................................................................................... 5 1.1 Faits marquants de l’exercice .................................................................................................................................................................................................................... 5 1.2 Performance par Application ..................................................................................................................................................................................................................... 5 1.3 Performance financière.............................................................................................................................................................................................................................. 5 1.4 Indicateurs alternatifs de performance ...................................................................................................................................................................................................... 6 1.5 Chiffre d’affaires proforma ......................................................................................................................................................................................................................... 8 2 PRESENTATION DU MARCHE ET DE LA STRATEGIE DU GROUPE ....................................................................... 10 2.1 Le marché des Services Fixes par Satellite..................................................................................................................................................................................... 10 2.2 Une double dynamique de marché ..................................................................................................................................................................................................11 2.3 Stratégie du Groupe ......................................................................................................................................................................................................................... 14 3 ACTIVITES DU GROUPE ET ANALYSE DE L’ACTIVITE 2016-17.............................................................................. 18 3.1 Activités du Groupe .......................................................................................................................................................................................................................... 18 3.2 Analyse de l’activité de l’exercice .................................................................................................................................................................................................... 21 4 UNE FLOTTE JEUNE COUVRANT PRESQUE L’ENSEMBLE DU GLOBE ................................................................ 24 4.1 La flotte de satellites d’Eutelsat ....................................................................................................................................................................................................... 24 4.2 Activité de la flotte ............................................................................................................................................................................................................................ 26 4.3 Une politique active d’investissements ............................................................................................................................................................................................26 4.4 Services de lancements associés aux satellites en cours de construction ..................................................................................................................................... 27 5 ACTIVITE DES FILIALES ET PARTICIPATIONS ......................................................................................................... 28 5.1 Organigramme simplifié du Groupe .................................................................................................................................................................................................28 5.2 Principales filiales et participations .................................................................................................................................................................................................. 28 6 COMPTES CONSOLIDES CLOS AU 30 JUIN 2017- INFORMATIONS FINANCIERES .............................................. 31 6.1 Principes comptables et financiers – Normes IFRS ........................................................................................................................................................................ 31 6.2 Bilan consolidé simplifié d’Eutelsat Communications ...................................................................................................................................................................... 31 6.3 Compte de résultat consolidé simplifié d’Eutelsat Communications ............................................................................................................................................... 32 6.4 Liquidité et ressources financières du Groupe ................................................................................................................................................................................ 34 6.5 Instruments financiers ...................................................................................................................................................................................................................... 37 6.6 Litiges ............................................................................................................................................................................................................................................... 37 7 COMPTES ANNUELS CLOS AU 30 JUIN 2017 - INFORMATIONS FINANCIERES .................................................... 38 7.1 Principes comptables et financiers .................................................................................................................................................................................................. 38 7.2 Activité et évènements de la Société au cours de l’exercice ........................................................................................................................................................... 38 7.3 Extraits du Bilan et Compte de résultat de la Société au 30 juin 2017 ........................................................................................................................................... 38 8 OBJECTIFS DU GROUPE .............................................................................................................................................. 40 9 GOUVERNEMENT D’ENTREPRISE .............................................................................................................................. 41 9.1 Absence de Contrôle de la Société .................................................................................................................................................................................................41 9.2 Dissociation des fonctions de Président et de Directeur général .................................................................................................................................................... 41 9.3 Éléments pouvant avoir un impact en cas d’offre publique ............................................................................................................................................................. 41 9.4 Les modifications intervenues au sein de la composition du Conseil d’Administration .................................................................................................................. 41 9.5 La mission du Conseil d’Administration ...........................................................................................................................................................................................41 9.6 Les Comités du Conseil d’Administration ........................................................................................................................................................................................ 41 9.7 Jetons de présence verses aux membres du Conseil d’administration .......................................................................................................................................... 41 9.8 Liste des mandats et fonctions exercées dans toutes sociétés françaises et étrangères pour les membres du Conseil d’Administration au 30 juin 2017 ......... 45 9.9 Informations concernant la rémunération desmandataires sociaux ...............................................................................................................................................
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