4.1 Management and Control
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
2019 Annual Report Annual 2019
a force for good. 2019 ANNUAL REPORT ANNUAL 2019 1, cours Ferdinand de Lesseps 92851 Rueil Malmaison Cedex – France Tel.: +33 1 47 16 35 00 Fax: +33 1 47 51 91 02 www.vinci.com VINCI.Group 2019 ANNUAL REPORT VINCI @VINCI CONTENTS 1 P r o l e 2 Album 10 Interview with the Chairman and CEO 12 Corporate governance 14 Direction and strategy 18 Stock market and shareholder base 22 Sustainable development 32 CONCESSIONS 34 VINCI Autoroutes 48 VINCI Airports 62 Other concessions 64 – VINCI Highways 68 – VINCI Railways 70 – VINCI Stadium 72 CONTRACTING 74 VINCI Energies 88 Eurovia 102 VINCI Construction 118 VINCI Immobilier 121 GENERAL & FINANCIAL ELEMENTS 122 Report of the Board of Directors 270 Report of the Lead Director and the Vice-Chairman of the Board of Directors 272 Consolidated nancial statements This universal registration document was filed on 2 March 2020 with the Autorité des Marchés Financiers (AMF, the French securities regulator), as competent authority 349 Parent company nancial statements under Regulation (EU) 2017/1129, without prior approval pursuant to Article 9 of the 367 Special report of the Statutory Auditors on said regulation. The universal registration document may be used for the purposes of an offer to the regulated agreements public of securities or the admission of securities to trading on a regulated market if accompanied by a prospectus or securities note as well as a summary of all 368 Persons responsible for the universal registration document amendments, if any, made to the universal registration document. The set of documents thus formed is approved by the AMF in accordance with Regulation (EU) 2017/1129. -
The Unlikely Beginnings of the Composite Aeroplane Seat
Technological Resources and Innovation seminar n n n January 21st, 2015 Achieving the impossible: the unlikely beginnings of the composite aeroplane seat by n Vincent Tejedor n Co-founder and managing director, Expliseat Overview The aeronautical sector is known for being a hi-tech area where teams of engineers design highly complex wing profiles and engines with unparalleled reliability. By contrast, the passenger-side of the aircraft, the cabin, seems to be technologically less advanced. There are plastic partitions‚ basic floor coverings‚ metal seat structures partially covered in plastic moulds‚ fragile tray tables‚ and screens with applications which are always out-of-date. The very strict regulatory framework and conservatism of airline companies, as well as the current oligopoly, strongly limit innovation in this area. Rather naively‚ in 2011 three engineers decided to design a passenger airline seat made from composite materials and titanium. This seat is much lighter than the usual seat and reduces fuel consumption by 3 to 5 %. Because they did not know that it was impossible to do it‚ they did it Report by Élisabeth Bourguinat • Translation by Rachel Marlin The ‘Association des Amis de l’École de Paris du management’ organises discussions and distributes the minutes, these are the sole property of their authors.The Association can also distribute the comments arising from these documents. Seminar organised with help from the Directorate General for Enterprise (Ministry of the Economy, Industry and Digital Data) and thanks to the sponsors of the École de Paris: • Airbus Group • Algoé1 • ANRT • Be Angels • Carewan2 • CEA • Chaire “management de l’innovation” de l’École polytechnique • Chambre de Commerce et d’Industrie de Paris • CNES • Conseil Supérieur de l’Ordre des Experts Comptables • Crédit Agricole S.A. -
Nuclear France Abroad History, Status and Prospects of French Nuclear Activities in Foreign Countries
Mycle Schneider Consulting Independent Analysis on Energy and Nuclear Policy 45, allée des deux cèdres Tél: 01 69 83 23 79 91210 Draveil (Paris) Fax: 01 69 40 98 75 France e-mail: [email protected] Nuclear France Abroad History, Status and Prospects of French Nuclear Activities in Foreign Countries Mycle Schneider International Consultant on Energy and Nuclear Policy Paris, May 2009 This research was carried out with the support of The Centre for International Governance Innovation (CIGI) in Waterloo, Ontario, Canada (www.cigionline.org) V5 About the Author Mycle Schneider works as independent international energy nuclear policy consultant. Between 1983 and April 2003 Mycle Schneider was executive director of the energy information service WISE-Paris. Since 2000 he has been an advisor to the German Ministry for the Environment, Nature Conservation and Reactor Safety. Since 2004 he has also been in charge of the Environment and Energy Strategies Lecture of the International Master of Science for Project Management for Environmental and Energy Engineering at the French Ecole des Mines in Nantes, France. In 2007 he was appointed as a member of the International Panel on Fissile Materials (IPFM), based at Princeton University, USA (www.fissilematerials.org). In 2006-2007 Mycle Schneider was part of a consultants’ consortium that assessed nuclear decommissioning and waste management funding issues on behalf of the European Commission. In 2005 he was appointed as nuclear security specialist to advise the UK Committee on Radioactive Waste Management (CoRWM). Mycle Schneider has given evidence and held briefings at Parliaments in Australia, Belgium, France, Germany, Japan, South Korea, Switzerland, UK and at the European Parliament. -
Finland 1. Finland
Epicos 2016 Special Focus: Finland Volume 8 Number 04 – Wednesday, 27 January 2016 Part I: Finland 1. Finland: Future Defence Budget and Procurements 2. Finnish Defence Industry: Main Competences & Total Turnover 3. Epicos “Industrial Cooperation and Offset Projects” 4. Advanced Fiber Optics Cable Repair System 5. Comprehensive military shooting training system based on optoelectronic technology 6. News from our A&D Business Network Part II: Epicos Newsroom 1. ESA selects Airbus Defence and Space for two new Sentinel-2 satellites 2. Rockwell Collins technology aids in historic first KC-46A tanker refueling flight 3. SAAB Receives Order from EDA for Carl-Gustaf Ammunition 4. First China Airlines A350XWB takes shape in Airbus’ Final Assembly Line 5. Rheinmetall creates Europe’s leading producer of military vehicles © Epicos Informational Services Page 1 Epicos 2016 Special Focus: Finland Finland: Future Defence Budget and Procurements Finnish defence budget for 2016 is estimated to reach, according to the country’s authorities, 2886.3 million Euros, significantly augmented (227.5) compared to the 2015 defence budget. This is mainly a result of postponing the payment schedules of some earlier materiel projects. From this amount the biggest percentage, will be used to cover the payroll of the defence forces’ personnel, accounting for 783.5 million Euros (approximately 27.1% of the country’s defence budget), slightly decreased compared to 2015, when it reached 793.4 accounting for 29.8% of total defence budget. Operational expenses and procurement of materiel follow with 701.6 (accounting for 24.3% of the total budget) and 544.7 million (accounting for 18.9% of the total budget) respectively. -
Notice of Meeting COMBINED SHAREHOLDERS' MEETING 2021 Friday May 28, 2021 at 10:00 Am As a Closed Session at the Company's Registered Office
Notice of meeting COMBINED SHAREHOLDERS' MEETING 2021 Friday May 28, 2021 at 10:00 am As a closed session at the Company's registered office Documents covered by Article R. 225-81 of the French Commercial Code SUMMARY 3 MESSAGE from the Chairman and CEO 4 AGENDA of the Combined Shareholders' Meeting 5 How to VOTE 9 2020 RESULTS Key figures and outlook 14 COMPOSITION of the Board of Directors of TOTAL SE 16 Board of Directors’ report on the proposed RESOLUTIONS 29 Proposed RESOLUTIONS 02 I TOTAL Combined Shareholders’ Meeting 2021 MESSAGE from the Chairman and CEO Dear Madam/Sir, Dear Shareholders, For the second year running, your Annual Shareholders’ Meeting will be held in a closed session at the Company headquarters on Friday, May 28, 2021 at 10 am. We have no other choice, given that the emergency health situation owing to the Covid-19 pandemic has been extended until June 01, and that the ultimate priorities are to ensure that you are not exposed to any health risks, and to guarantee everyone equal access to the Shareholders’ Meeting. In 2020, your commitment to supporting the resolutions approved by your Board of Directors and your high level of participation (over 500 questions asked ahead of the Shareholders’ Meeting and live), proved that shareholder democracy thrives in your Company. Once again this year, we are doing our utmost to make remote attendance easy for you: Ý Ahead of the Shareholders’ Meeting, we invite you to vote either via Internet using the simple and secure system, or via postal mail. -
Airbus Annual Report 2017
ANNUAL REPORT 2017 AIRBUS - Connecting ANNUAL REPORT ANNUAL the skies 2017 Contents /04 /26 Opening Measuring new horizons our results — Interview with the Digital — Interview with Transformation Of cer the Chief Financial Of cer — Launching Skywise – Data in the sky — K e y g u r e s /10 /32 Sharing Delivering our vision our priorities — Letter from the Chairman of the Board — Commercial Aircraft — Board of Directors — Helicopters — Interview with the Chief Executive Of cer — Defence and Space — Executive Committee — Highlights 2017 — Interview with the General Counsel — Share information and the Chief Ethics and Compliance Of cer — Responsibility and Sustainability Registration Document Financial Statements Contents Annual Report 2017 - AIRBUS 001 /04 /26 Airbus is forever innovating, Opening Measuring forever progressing, new horizons our results forever challenging the present — Interview with the Digital — Interview with to be ready for the future. Transformation Of cer the Chief Financial Of cer — Launching Skywise – Data in the sky — K e y g u r e s Airbus aspires to be a digital aerospace champion, connecting software, hardware and customer perspectives for maximum insights and opportunities for growth. Connecting /10 /32 Sharing Delivering the skies our vision our priorities — Letter from the Chairman of the Board — Commercial Aircraft — Board of Directors — Helicopters — Interview with the Chief Executive Of cer — Defence and Space — Executive Committee — Highlights 2017 — Interview with the General Counsel — Share information and the Chief Ethics and Compliance Of cer — Responsibility and Sustainability Registration Document Financial Statements 002 Executive summary Executive summary 002 Executive summary Annual Report 2017 - AIRBUS 003 2017 was a defining year for Airbus, with digitalisation taking an increasingly important role in the Company’s development. -
Airbus in Germany 02 Airbus in Germany Airbus – a Success Story
Airbus in Germany 02 Airbus in Germany Airbus – a success story The Airbus Group – formerly EADS – was formed in 2000 from the merger of German DaimlerChrysler Aerospace, French Aérospatiale Matra and Spanish CASA. Today, the group is the best example of European integration in the field of high technology. Shareholder structure 11% Germany 11% France 26% 4% Spain 74 % State participation Free float shares Airbus in Germany 03 Airbus is a global leader in aeronautics, space and related services. The Group employs a workforce of around 130,000 people in nearly 180 locations around the world. Airbus offers the most comprehensive range of airliners from 100 to more than 600 seats. Airbus is also a European leader providing tanker, combat, transportation and mission aircraft, as well as Europe‘s number one space enterprise and the world‘s second largest space business. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide. Increase in revenue in billions of euros +145+176% % 24.2 67.0 2000 2017 In 2017, Airbus generated revenues of € 66.8 billion. Thus, the group has more than doubled its business volume since its formation in 2000. Orders totalling over € 1,800 billion since 2000 saw the Group’s backlog of orders increase by more than fivefold to € 997 billion by the end of 2017. 04 Airbus in Germany Worldwide growth thanks to European best performance Since the group’s formation, the number of employees has increased by 52%. In the home countries of Germany, France, Great Britain and Spain alone, the number of employees has increased by 30,000 since the formation of Airbus (EADS) in 2000. -
Airbus Annual Report 2017
ANNUAL REPORT 2017 AIRBUS - Connecting ANNUAL REPORT ANNUAL the skies 2017 Contents /04 /26 Opening Measuring new horizons our results — Interview with the Digital — Interview with Transformation Of cer the Chief Financial Of cer — Launching Skywise – Data in the sky — K e y g u r e s /10 /32 Sharing Delivering our vision our priorities — Letter from the Chairman of the Board — Commercial Aircraft — Board of Directors — Helicopters — Interview with the Chief Executive Of cer — Defence and Space — Executive Committee — Highlights 2017 — Interview with the General Counsel — Share information and the Chief Ethics and Compliance Of cer — Responsibility and Sustainability Registration Document Financial Statements Contents Annual Report 2017 - AIRBUS 001 /04 /26 Airbus is forever innovating, Opening Measuring forever progressing, new horizons our results forever challenging the present — Interview with the Digital — Interview with to be ready for the future. Transformation Of cer the Chief Financial Of cer — Launching Skywise – Data in the sky — K e y g u r e s Airbus aspires to be a digital aerospace champion, connecting software, hardware and customer perspectives for maximum insights and opportunities for growth. Connecting /10 /32 Sharing Delivering the skies our vision our priorities — Letter from the Chairman of the Board — Commercial Aircraft — Board of Directors — Helicopters — Interview with the Chief Executive Of cer — Defence and Space — Executive Committee — Highlights 2017 — Interview with the General Counsel — Share information and the Chief Ethics and Compliance Of cer — Responsibility and Sustainability Registration Document Financial Statements 002 Executive summary Executive summary 002 Executive summary Annual Report 2017 - AIRBUS 003 2017 was a defining year for Airbus, with digitalisation taking an increasingly important role in the Company’s development. -
We Pioneer Sustainable Aerospace for a Safe and United World
We pioneer sustainable aerospace for a safe and united world Airbus Corporate Presentation July 2021 Airbus is an international pioneer in the aerospace industry We are a leader in designing, manufacturing, and delivering aerospace products, services and solutions to customers on a global scale. Ambition to be the first to offer a zero-emission commercial aircraft by 2035 ZEROe concept aircraft powered by hydrogen Airbus Corporate Presentation A commercial aircraft manufacturer, with Defence and Space as well as Helicopters divisions Airbus is the largest aeronautics and space company in Europe and a worldwide leader. Airbus Corporate Presentation Airbus has built on its strong European heritage to become truly international The company has aircraft final assembly lines across Asia, Europe and the Americas. 180 12,000 locations direct suppliers globally Airbus Corporate Presentation Strength of diversification Airbus Airbus Airbus Defence commercial Helicopters and Space 863 471 660 5,947 422 565 EBIT Adjusted in millions 618 +12% +17% in 2020 in 2020 Lines, boxes, etc. are only illustrative 2019 2020 2019 2020 2019 2020 Consolidated Airbus 2020 FY revenues € 49.9 billion; FY EBIT Adjusted € 1.7 billion Airbus Corporate Presentation Our strategy Purpose: We pioneer sustainable aerospace for a safe and united world. Company strategy: 1. Continue to grow 2. Leverage European 3. Continue to invest 4. Lead transformation as an Aerospace & roots while pursuing for the future of the aerospace Defence leader a Global reach industry • Keep current portfolio • Leverage diversity of workforce • Ensure the right combination of • Lead the journey towards clean competitive. to address global market and growth, profitability and aerospace. -
Airbus Group
Defense & Aerospace Companies, Volume II - International Airbus Group Outlook · In March 2015, Airbus Group initiated a second divestment of its shares in Dassault Aviation · Airbus Group is riding the boom in the commercial aircraft market that has fueled a record backlog of EUR857 billion · Airbus D&S is being restructured via mergers and divestments; some 5,000 jobs will be eliminated, primarily in Europe · The company has consolidated its focus in India in hopes of winning upcoming contracts Headquarters Airbus Group SE In mid-2013, following a failed merger attempt with 4, rue du Groupe d'Or BAE Systems, EADS's ownership structure was BP 90112 drastically altered as shareholders changed a Franco- 31703 – Blagnac Cedex, France German ownership pact in favor of greater management Telephone: + 33 0 5 81 31 75 00 freedom. Under the plan, France and Germany now Website: http://www.airbus-group.com hold core stakes of 12 percent each, Spain holds 4 percent, and the rest is floated freely to investors. In 2014, the European Aeronautic Defence and Space Prior to the changes, the triumvirate of nations held over Company (EADS) rebranded itself as Airbus Group, 50 percent of the firm. As part of the changes, France after its largest operation. agreed to give up veto powers over the company's Originally, EADS was formed through Europe's post- industrial policy. Cold War consolidation efforts. At the time of its At the start of 2015, Airbus Group employed about formation in 2000, EADS comprised the activities of the 138,622 people around the world. founding partners Aerospatiale Matra SA of France, Construcciones Aeronáuticas SA (CASA) of Spain, and Note: For details on Airbus Group's major subsidiaries, DaimlerChrysler Aerospace AG (DASA) of Germany. -
Inspection Générale Des Finances : Destins D'une Élite D'etat
3 février 2019 COMPLEMENT AU COURS N°11 Inspection générale des finances : destins d'une élite d'Etat Par Claire Guélaud 03 novembre 2012 Extraits UN SENTIMENT DE SUPÉRIORITÉ "Grand corps" de l'Etat par le pouvoir et le aujourd'hui). Elle cultive la discrétion, prestige, rattachée au ministre des possède ses rites et soigne l'"esprit finances et auto-administrée, l'Inspection Inspection", fait d'un langage et d'une compte peu de membres (1 217 entre 1801 méthode de travail communs, doublés d'un – date de sa création sous le Consulat – et sentiment de supériorité. 2009, dont un peu plus de 220 en activité PARCOURS DU COMBATTANT L'Inspection moderne a, dès 1801, une Conseil d'Etat, la promotion à l'ancienneté fonction de contrôle et de conseiller du est la règle… pouvoir politique. La pratique du pantouflage – le départ vers De tout temps, l'accès au corps a été le privé – est presque aussi ancienne que exigeant et contingenté. Depuis la création l'institution. L'Inspection des finances est de l'ENA en 1945, il faut sortir de cette un corps où l'on passe (une quinzaine école dans les premiers et choisir d'années en moyenne) avant d'aller l'Inspection. Six à sept personnes y entrent occuper des positions extérieures. en moyenne chaque année. Un parcours du (…) Une chose est sûre : leurs parcours à combattant à l'issue duquel, comme au tous témoignent de l'intrication des élites publiques et privées de la France. LE CORPS DES MINES. Extraits d’un des ateliers du Séminaire biennal de l’amicale du corps des mines du 22 septembre 2017. -
Draft Terms of Conversion in English 0.01 MB
1 This is an unofficial English translation of the draft terms of conversion of Airbus Group N.V. in the Dutch language. In case of differences in translation, the Dutch text shall prevail DRAFT TERMS OF CONVERSION THE UNDERSIGNED acting for the purposes hereof as members of the board of directors (the "Board") of Airbus Group N.V., a public limited liability company under Dutch law, having its corporate seat at Amsterdam (address: 2333 CS Leiden, Mendelweg 30, trade register number: 24288945) (the "Company"). HEREBY PROPOSE THE FOLLOWING DRAFT TERMS OF CONVERSION 1. It is proposed to convert the Company into a European public limited-liability company (SE) with its registered office in the Netherlands pursuant to Articles 2(4) and 37 of Council Regulation (EC) No 2157/2001 of 8 October 2001 on the Statute for a European company and Article 10 of the Dutch Act Implementing the SE Regulation (the "Conversion"). 2. In connection with and with effect from the Conversion, it is proposed that the Company's articles of association will be amended in connection with the Company's new legal form and the requirements which follow from the above-mentioned Council Regulation and Dutch Act (the "Amendment") (see Annex A). 3. It is envisaged that, in connection with the Conversion, the Company will form, inter alia, an SE Works Council (replacing its existing European Works Council and its committees) that will have the authorities set forth in an agreement entered into with the special negotiating body established in connection with the Conversion. 4. The Board retains the authority to revoke the proposal to implement the Conversion and the Amendment until such time as the Conversion and the Amendment have become effective.