2011 Profile & Key Figures

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2011 Profile & Key Figures MORE INFORMATION AND CONSOLIDATED FINANCIAL STATEMENTS FOR 2011 PLUS HALF-YEAR 2012 STATEMENTS ARE AVAILABLE AT SNCF.COM 2011 PROFILE & KEY FIGURES SNCF, Direction de la Communication, 34 rue du Commandant Mouchotte, 75699 Paris Cedex 14, sncf.com Photos: E. Bernard / J. Chapuis / W. Daniels – Lowe Stratéus / H. Parent / SNCF Médiathèque : P. Curtet – J. Guiot – C. Recoura – More information sncf.com P. Messina – C. Curt / S. Tétu – La Company / SNCF Médiathèque-AREP / Photothèque Geodis. English text: Durban/Clementi. Design & production: Lowe Stratéus. Printing: September 2012. SNCF IN 2011 SNCF IS A WORLD LEADER IN MOBILITY AND LOGISTICS. PRESENT IN 120 COUNTRIES, WITH A TOTAL WORKFORCE OF 245,000 GENERATING REVENUE OF €32.6 BILLION. A public-sector group commited to REVENUE INVESTMENT REVENUE public service, SNCF draws on its foundations in rail in France to offer an € BILLION € BILLION BY MARKET extended range of services for smooth door-to-door mobility for clients, International travellers, transport and logistics operators, and the regional and local 23 % governments that are its organizing authorities. France 32.6 2.4 77 % The group is made up of fi ve divisions: • SNCF Infra Managing, operating, maintaining EBITDA(1) GLOBAL PRESENCE 245,000 and developing rail and related infrastructure € BILLION IN 120 COUNTRIES EMPLOYEES • SNCF Proximités Operating local, urban and regional passenger services • SNCF Voyages Operating high-speed passenger rail services • SNCF Geodis 3.02 Providing freight and logistic services or 9.3% of revenue • Gares & Connexions Charged with train-station management and development RECURRING NET PROFIT (2) NET PROFIT €664 m €125 m (1) Earnings before interest, taxes, depreciation and amortization. (2) Excluding non-recurring items. 01 KEY FIGURES KEY FIGURES FOR 2011 CHANGE IN REVENUE EBITDA(1) SNCF CAPITAL FREE CASH FLOW SNCF GROUP € BILLION IN € MILLIONS INVESTMENT € MILLION € BILLION (€ million) 2010 2011 32.6 3,020 2.4 261 30.5 9.3% 2.3 Revenue 30,466 32,645 2,591 EBITDA/ 10.3% REVENUE 2.2 25.2 24.9 2,163 EBITDA/ 2.1 - 82 - 491 - 162 Gross profi t (EBITDA) 2,163 3,020 REVENUE 7.1% 1,688 EBITDA/ Current operating profi t 531 1,255 6.8% REVENUE EBITDA/ Operating profi t 1,409 821 REVENUE Financial profi t -358 -359 Recurring net profi t 231 664 2008 2009 2010 2011 2008 2009 2010 2011 2008 2009 2010 2011 2008 2009 2010 2011 Net profi t (attributable to equity REVENUE RECURRING NET NET PROFIT(2) FINANCIAL holders of the parent) 697 125 BY DIVISION PROFIT € MILLION NET INDEBTEDNESS € MILLION € BILLION Self-fi nancing capacity 1,431 2,148 3 % SNCF Infra 664 697 15% 8.5 SNCF capital investment 2,127 2,364 € 5.3 bn 575 8.3 SNCF Proximités 530 125 7.2 € 12.3 bn Free cash fl ow -162 261 27 % 6 SNCF Voyages - 980 Financial net indebtedness 8,499 8,329 € 7.3 bn 35 % SNCF Geodis 231 € 9.4 bn Workforce 240,978 245,090 20% Gares & Connexions 3 € 1.2 bn 2008 2009 2010 2011 2008 2009 2010 2011 2008 2009 2010 2011 (1) Earnings before interest, taxes, depreciation and amortization. (2) Attributable to equity holders of the parent. 02 03 A GLOBAL PRESENCE PRESENT IN 120 COUNTRIES, SNCF IS A WORLD LEADER IN MOBILITY FOR PEOPLE, GOODS AND LOGISTICS. Map Divisions present SNCF present SNCF Infra SNCF Proximités SNCF Voyages SNCF Geodis Gares & Connexions EUROPE ASIA-PACIFIC NORTH & SOUTH AMERICA AFRICA & MIDEAST Austria Luxembourg Australia Kazakhstan Argentina Mexico Algeria Morocco Belgium Macedonia Azerbaijan Malaysia Brazil Peru Cameroon Niger Bosnia-Herzegovina Netherlands Bangladesh New Zealand Canada United States Chad Nigeria Bulgaria Norway China Philippines Chile Uruguay Congo Qatar Czech Republic Poland Georgia Singapore Colombia Venezuela Egypt Saudi Arabia Denmark Portugal Hong Kong South Korea Ecuador Gabon South Africa Estonia Romania India Taiwan Iraq Syria Finland Russia Indonesia Thailand Israel Tunisia France Slovakia Japan Vietnam Kuwait United Arab Emirates Germany Slovenia Libya Greece Spain Hungary Sweden Ireland Switzerland Italy Turkey Latvia Ukraine Lithuania United Kingdom 04 05 CORPORATE GOVERNANCE BOARD OF DIRECTORS SNCF GROUP MANAGEMENT The Board of Directors defi nes Group policy, sets its direction and implements contracts with the French State. The Chairman of the Board of Directors is appointed by the Council of Ministers at the proposal of the Board. The Board of Directors comprises: • 12 members appointed GUILLAUME PEPY JACQUES DAMAS SOPHIE BOISSARD PIERRE BLAYAU JEAN-PIERRE FARANDOU BARBARA DALIBARD by the French State, Chairman SNCF EPIC(1) Business Strategy SNCF Geodis division Keolis SNCF Voyages division including: & Development (SNCF Proximités division) – 7 representatives of the State – 5 members chosen for particular expertise, including at least one representative of clients • 6 members, including one representative of management, elected by Group employees. (1) SNCF EPIC is the state-owned FRANÇOIS NOGUÉ ALAIN KRAKOVITCH ALAIN PICARD SYLVIE CHARLES BÉNÉDICTE TILLOY PIERRE IZARD enterprise responsible for core railway services in France. Cohesion Rail Services Safety Finance, Purchasing & IT SNCF Freight SNCF Transilien SNCF Infra division & Human Resources & Quality (SNCF Geodis division) (SNCF Proximités division) STÉPHANE VOLANT BERNARD EMSELLEM PATRICK ROPERT JOEL LEBRETON CLAUDE SOLARD RACHEL PICARD Company Secretary Sustainable Development Communications SNCF Proximités SNCF Regions & Intercités Gares & Connexions (SNCF Proximités division) 06 07 SNCF GROUP SNCF INFRA DIVISION SNCF PROXIMITÉS DIVISION SNCF VOYAGES DIVISION SNCF GEODIS DIVISION GARES & CONNEXIONS DIVISION Rail network TER High-speed rail operators Global transport Station management operation & management (Regional express lines) for passengers & logistics operator & development in France Direction de la Circulation TGV Geodis Ferroviaire (rail traffi c Transilien iDTGV STVA Multidisciplinary operations – control body) (Rail transport for Greater Paris) Eurostar building and outfi tting facilities Thalys Rail freight (TFM) AREP Construction & renovation Intercités Lyria Fret SNCF Parvis (for lines serving regional and Alleo Captrain A2C Engineering local planning & development) Elipsos VFLI Systra Gala Multi-modal transport businesses Keolis TGV Italia Westbahn Asset management NTV (Nuovo Trasporto Viaggiatori) Ermewa Akiem Long-distance coach travel iDBUS Sales distribution voyages-sncf.com 08 09 SNCF INFRA DIVISION MISSION: provision, under a public-service remit, of management, operation and maintenance of the French rail network for RFF, owner of the French rail network, as well as engineering services, primarily for rail infrastructures. KEY FIGURES IN 2011 BUSINESS PROFILE CHALLENGES AND TARGETS CLIENTS OUVERTURE SNCF --TER The main client in France is RFF, which owns the French rail network. €5.3 bn Outside France, clients are major construction and civil engineering revenue companies purchasing engineering services (Europe, Asia, Middle East, Africa, United States, India, Canada and South America). 15,0 00 EBITDA(1) trains circulating daily coordinated by DCF (Direction SERVICES de la Circulation Ferroviaire, Network maintenance, operational security and management €229 m France’s rail traffi c organizing body). of train circulation for RFF. Engineering services, contract coordination, oversight and site logistics or of revenue in France and abroad. 4.3% Implement conclusions of the Assises 30,000 km du Ferroviaire debate. rail network maintained and CHANGES IN THE BUSINESS ENVIRONMENT monitored 24/7, including nearly • Institutional environment: conclusions of the Assises du Ferroviaire, Pursue deployment of train 2,000 km of high-speed track. a nationwide debate on the future of rail, calling for France’s rail network schedules calling for circulation to be brought together under a single management entity. at regular intervals that began with • Re-launch of Systra, confi rming its rank as a world leader in engineering the 2012 Service Plan. for public transport, by combining Systra (co-owned by SNCF and RATP, 36 the Paris public transport company), Inexia (SNCF) and Xelis (RATP). Continue to upgrade the rail network. countries. Boost production effi ciency further. SNCF INFRA DIVISION AT A GLANCE Meet the challenge of competition. DCF (1) Step up SNCF Infra’s growth Revenue breakdown (rail traffi c organizing body) on international markets. France 99% Construction & renovation International Engineering Systra 1% 1,000 major projects launched in 2011. Over 1,000 km of track upgraded in 2011. (1) Earnings before interest, taxes, depreciation (1) Independent unit within SNCF that manages rail traffi c and circulation in France and amortization (gross profi t). for RFF (owner of the French rail network). 10 11 SNCF PROXIMITÉS DIVISION MISSION: provision of urban, suburban and regional commuter transport. KEY FIGURES IN 2011 BUSINESS PROFILE CHALLENGES AND TARGETS The world’s no. 2 public mobility provider and no. 1 partner for French regional and local Transport Authorities, the SNCF Proximités division is involved in the €12.3 bn entire range of collective transport services: trains, buses, coaches, metros, revenue tram-trains, tramways, trolleybuses, bicycles, car-sharing, ferries and airport ground transport. • In France: 21 regional agreements, Intercités agreement EBITDA(1) with the French State, 88 urban transport networks operated by Keolis 10 million in France, 74 regional networks at département level, and EFFIA passengers every day. carparks in 100 towns and cities. €811
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