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RAPPORT ANNUEL 2014 Couverture : Thénia - Tizi Ouzou | Algérie Rapport Annuel 2014 Teixeira Duarte, S.A

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RAPPORT ANNUEL 2014 Couverture : Thénia - Tizi Ouzou | Algérie Rapport Annuel 2014 Teixeira Duarte, S.A RAPPORT ANNUEL 2014 Couverture : Thénia - Tizi Ouzou | Algérie Rapport annuel 2014 Teixeira Duarte, S.A. SOCIÉTÉ OUVERTE Siège : Lagoas Park, Edifício 2 - 2740-265 Porto Salvo Capital : 210.000.000 Numéro unique d'identification fiscale et d’immatriculation au registre du commerce de Cascais (Oeiras) 509.234.526 Sommaire ORGANE SOCIAUX - TEIXEIRA DUARTE, S.A. 4 ORGANES SOCIAUX - TEIXEIRA DUARTE - ENGENHARIA E CONSTRUÇÕES, S.A. 5 ORGANIGRAMME TEIXEIRA DUARTE 2014 6 GROUPE TEIXEIRA DUARTE 2014 8 CHIFFRES-CLÉS 10 RAPPORT DE GESTION DU CONSEIL D'ADMINISTRATION 2014 11 I. INTRODUCTION 12 II. LE CONTEXTE ÉCONOMIQUE 13 III. L'APPRÉCIATION GLOBALE 16 IV. L'ANALYSE SECTORIELLE 30 IV.1. CONSTRUCTION 30 IV.2. CONCESSIONS ET SERVICES 65 IV.3. IMMOBILIER 75 IV.4. HÔTELLERIE 79 IV.5. GRANDE DISTRIBUTION 82 IV.6. ÉNERGIE 86 IV.7. COMMERCE AUTOMOBILE 88 V. PARTICIPATIONS DANS DES SOCIÉTÉS COTÉES 91 VI. FAITS SURVENUS APRÈS LA CLÔTURE DE L'EXERCICE 91 VII. PERSPECTIVES POUR 2015 92 VIII. DISTRIBUTION DE RÉSULTATS AUX MEMBRES DE L'ORGANE DE DIRECTION ET DU PERSONNEL 92 IX. PROPOSITION D'AFFECTATION DES RÉSULTATS 93 ANNEXES AU RAPPORT DE GESTION DU CONSEIL D'ADMINISTRATION 94 RAPPORT SUR LE GOUVERNEMENT D'ENTREPRISE 2014 97 ÉTATS FINANCIERS INDIVIDUELS 2014 161 ETATS FINANCIERS CONSOLIDÉS 2014 185 RAPPORTS, OPINIONS ET CERTIFICATIONS DES ORGANES DE SURVEILLANCE 2014 261 Organes de la société Teixeira Duarte, S.A. Bureau DE L'ASSEMBLÉE GÉNÉRALE Président Rogério Paulo Castanho Alves Vice-président José Gonçalo Pereira de Sousa Guerra Costenla Secrétaire José Pedro Poiares Cobra Ferreira CONSEIL D’Administration Président Pedro Maria Calainho Teixeira Duarte Administrateurs Manuel Maria Calainho de Azevedo Teixeira Duarte Joel Vaz Viana de Lemos Carlos Gomes Baptista Diogo Bebiano Branco de Sá Viana Rebelo Jorge Ricardo de Figueiredo Catarino CONSEIL DE surveillance Président Óscar Manuel Machado de Figueiredo Mateus Moreira Miguel Carmo Pereira Coutinho COMMISSAIRE aux comptes Mariquito, Correia & Associados Cabinet d'audit représenté par António Francisco Escarameia Mariquito - CAC Secrétaire DE la SOCIÉTÉ Titulaire José Pedro Poiares Cobra Ferreira Suppléante Maria António Monteiro Ambrósio Représentant CHARGÉ DES relations avec LE MARCHÉ José Pedro Poiares Cobra Ferreira 4 Organes de la société Teixeira Duarte - Engenharia e Construções, S.A Bureau DE L'ASSEMBLÉE GÉNÉRALE Président José Pedro Poiares Cobra Ferreira Secrétaire Maria Filipa Rebelo Pereira de Matos Alves Torgo CONSEIL D’Administration Président Pedro Maria Calainho Teixeira Duarte Administrateurs Manuel Maria Calainho de Azevedo Teixeira Duarte Joel Vaz Viana de Lemos João José de Gouveia Capelão João José do Carmo Delgado Fernando Paulo Baptista Gomes de Araújo Pedro Miguel Pinho Plácido Luís Augusto Tavares Moreira da Silva COMMISSAIRE AUX COMPTES Titulaire Mariquito, Correia & Associados Cabinet d'audit représenté par António Francisco Escarameia Mariquito - CAC Suppléant Júlio Alves, Mário Baptista & Associados Cabinet d'audit représenté par Júlio Lourenço Alves Secrétaire DE la SOCIÉTÉ Titulaire José Pedro Poiares Cobra Ferreira Suppléante Maria António Monteiro Ambrósio 5 ORGANIGRAMME TEIXEIRA DUARTE 2014 CONSEIL D’ADMINISTRATION Attaché de direction António Costeira Faustino Marchés Direction Générale Secteurs d'activité Portugal Afrique du Sud Construction Concessions et Services Angola Belgique Directions centrales Services centraux Centres d'exploitation Filiales Directions centrales TDGI, S.A. Rogério Fonseca Succursale Cap Vert Juridique Secrétariat général Géotechnique et Réhabilitation Ouvrages souterrains Planication et Études Rodolfo Valentim Valdemar Marques Chine Maria António Ambrósio José Pedro Cobra Ferreira Magalhães Gonçalves E.P.O.S., S.A. Garcia Fernandes RECOLTE, S.A. Algérie Hélder Matos Costa Simões Luís Menezes Magalhães Gonçalves Colombie Systèmes de management Consolidation des comptes et de technologie João Pedro Lopes Dias de Carvalho Pedro Nunes Luís Carreira Succursale France Alexandre de Jesus Duarte Nobre Angel Rodriguez Ricardo Acabado Ivo Rosa Installations électromécaniques Audit interne António Diniz Ouvrages ferroviaires Maroc Ressources humaines Helena Galhardas TDHOSP, S.A. Brésil Mário Ferreira Faria Bâtiment SOMAFEL, S.A. et Services administratifs Diogo Rebelo Namibie Magalhães Gonçalves Études d’infrastructures Succursale Pedro Costa Ginja Sebastião Paulo Serradas Fernando Martins EDUCARE, Lda. João Delgado Russie Isabel Amador João Torrado Luís Santos Ouvrages maritimes Viana de Lemos Espagne Sao Tomé-et-Principe Informatique Luís Mendonça Bureau d’études OFM, S.A. Immobilier Carlos Guedes Baldomiro Xavier Succursale José Gaspar Magalhães Gonçalves Diogo Rebelo António Carlos Teixeira Duarte Infrastructures Paulo Serradas Soumissions Finances et Comptabilité Alfredo Silva Sampayo Ramos Mozambique Maria António Ambrósio Guilherme Silva Martins Rovisco Sousa Barros Sérgio Castro Succursale Rosa Saraiva Hôtellerie Oliveira Rocha Carlos Timóteo Approvisionnements Fernando Frias Manuel Maria Teixeira Duarte Leal da Silva Luís Vicente Venezuela Correia Leal Grande distribution Succursale Construction métallique Luís Alves Henrique Nicolau Diogo Rebelo Manuel Lopes Centre opérationnel corages et précontrainte Énergie Marques dos Santos Artur Caracol Matériel Commerce automobile Rodrigo Ouro Diogo Rebelo Silva Pereira 6 ORGANIGRAMME TEIXEIRA DUARTE 2014 CONSEIL D’ADMINISTRATION Attaché de direction António Costeira Faustino Marchés Direction Générale Secteurs d'activité Portugal Afrique du Sud Construction Concessions et Services Angola Belgique Directions centrales Services centraux Centres d'exploitation Filiales Directions centrales TDGI, S.A. Rogério Fonseca Succursale Cap Vert Juridique Secrétariat général Géotechnique et Réhabilitation Ouvrages souterrains Planication et Études Rodolfo Valentim Valdemar Marques Chine Maria António Ambrósio José Pedro Cobra Ferreira Magalhães Gonçalves E.P.O.S., S.A. Garcia Fernandes RECOLTE, S.A. Algérie Hélder Matos Costa Simões Luís Menezes Magalhães Gonçalves Colombie Systèmes de management Consolidation des comptes et de technologie João Pedro Lopes Dias de Carvalho Pedro Nunes Luís Carreira Succursale France Alexandre de Jesus Duarte Nobre Angel Rodriguez Ricardo Acabado Ivo Rosa Installations électromécaniques Audit interne António Diniz Ouvrages ferroviaires Maroc Ressources humaines Helena Galhardas TDHOSP, S.A. Brésil Mário Ferreira Faria Bâtiment SOMAFEL, S.A. et Services administratifs Diogo Rebelo Namibie Magalhães Gonçalves Études d’infrastructures Succursale Pedro Costa Ginja Sebastião Paulo Serradas Fernando Martins EDUCARE, Lda. João Delgado Russie Isabel Amador João Torrado Luís Santos Ouvrages maritimes Viana de Lemos Espagne Sao Tomé-et-Principe Informatique Luís Mendonça Bureau d’études OFM, S.A. Immobilier Carlos Guedes Baldomiro Xavier Succursale José Gaspar Magalhães Gonçalves Diogo Rebelo António Carlos Teixeira Duarte Infrastructures Paulo Serradas Soumissions Finances et Comptabilité Alfredo Silva Sampayo Ramos Mozambique Maria António Ambrósio Guilherme Silva Martins Rovisco Sousa Barros Sérgio Castro Succursale Rosa Saraiva Hôtellerie Oliveira Rocha Carlos Timóteo Approvisionnements Fernando Frias Manuel Maria Teixeira Duarte Leal da Silva Luís Vicente Venezuela Correia Leal Grande distribution Succursale Construction métallique Luís Alves Henrique Nicolau Diogo Rebelo Manuel Lopes Centre opérationnel corages et précontrainte Énergie Marques dos Santos Artur Caracol Matériel Commerce automobile Rodrigo Ouro Diogo Rebelo Silva Pereira 7 GROUPE TEIXEIRA DUARTE 2014 TEIXEIRA DUARTE, S.A. 100 TEIXEIRA DUARTE - ENGENHARIA E CONSTRUÇÕES, S.A. 100 TEIXEIRA DUARTE, G.P.I.I., S.A. CONSTRUCTION CONCESSIONS ET SERVICES IMMOBILIER HÔTELLERIE GRANDE DISTRIBUTION ÉNERGIE COMMERCE AUTOMOBILE PARTICIPATIONS FINANCIÈRES 100 100 100 IMOTD, SGPS, S.A. TDH, SGPS, S.A. PTG, SGPS, S.A. 100 TEDAL, SGPS, S.A. 40 100 100 100 49,80 0,10 26,8 100 100 TDARCOL, SGPS, S.A. 100 Portugal CONSTRUSALAMONDE, ACE 52,5 METROLIGEIRO, ACE RECOLTE, S.A.U. (SUC. PORTUGAL) BONAPARTE, S.A. FUNDO INVEST. IMOB. FECHADO TDF ESTA, S.A. BONAPAPEL, LDA. 0,10 C+P.A., S.A. 100 0,27 100 25 100 100 100 100 100 0,82 EPOS, S.A. NOVA ESTAÇÃO, ACE INVICTAAMBIENTE, S.A. TDF, S.A. IMOPEDROUÇOS, S.A. EVA, S.A. TD DISTRIBUIÇÃO, S.A. ACG, S.A. BCP, S.A. 0,06 100 60 51 100 100 100 100 OFM, S.A. SOMAFEL E FERROVIAS, ACE MARINERTES, S.A. TRANSBRITAL, S.A. QUINTA DE CRAVEL, S.A. GO CORP TRAVEL SOLUTIONS, S.A. DIGAL, S.A. EIA, S.A. 5,66 60 100 93,75 100 100 100 7,68 SOMAFEL, S.A. 60 TD/OPCA - FUNGERE, ACE RECOLTE, S.A. TDVIA, S.A. TDE, S.A. LAGOAS HOTEL, S.A. MULTIGÁS, S.A. JÚPITER, S.A. 100 57,3 49 5 100 95,82 5 AVIAS, ACE 23,5 TD/SOPOL - METRO SUP., ACE SATU-OEIRAS, E.M., S.A. ILTA, S.A. V8, S.A. LAGOASFUT, S.A. PETRIN, S.A. LONGAPAR, SGPS, S.A. 50 100 5 100 5 CAIS DE CRUZEIROS 2ª FASE, ACE 25 TRÊS PONTO DOIS, ACE TDGI, S.A. INOVA.GAIA ROCHORIENTAL, S.A. 100 PPS, S.A. LONGAVIA, S.A. 25 100 100 100 5 CONBATE, ACE 20 CINTEL, LDA. TDHOSP, S.A. SINERAMA, S.A. TANQUIGÁS, S.A. MOREIRA & CUNHA, LDA. 23,5 19,67 100 DOURO LITORAL, ACE 40 MOLINORTE, ACE AEDL, S.A. TDHC, S.A. 40 AVIA PORTUGAL, S.A. 9 9 DOURO LITORAL OBRAS ESPEC., ACE 40 NOVAPONTE, ACE AEBT, S.A. 3,25 7,5 FERROVIAL/TD, ACE 50 VSL, S.A. LUSOPONTE, S.A. 9,11 GMP, ACE 33,4 MTS, S.A. GMP-MEK, ACE 33,4 76 85 100 100 100 100 15 100 43,21 EPOS, S.A. (SUC. ESPANHA) EMPA, S.A. RECOLTE, S.A.U. TDPG, LTDA. 24 TDSP - PARTICIPAÇÕES, LTDA. TDD DISTRIBUIÇÃO BRASIL, LTDA. ALVORADA PETRÓLEO, S.A. TDO, S.A. 100 TDO - SGPS, S.A. Autres Marchés 5,04 100 2,57 100 100 100 100 100 TD-EC, S.A. (SUC. ESPANHA) 94,96 SOMAFEL, LTDA. VALYGERSA, S.L. TDSP - 16, LTDA. TDSP - 17, LTDA. TD INTERNATIONAL, LTD. EURAVIA, AG LEVENEL, LTD. 70 30 92,65 99,94 40 92,65 49 UTE VIANA 30 TD, ALGÉRIE, SPA TDGI, S.A. (BÉLGICA) 30 TDSP - ALTA VISTA I, LTDA. TDSP - ALTA VISTA II, LTDA. CEMENT, LTD. 20 80 100 TDSP - ALTA VISTA III, LTDA. 92,65 92,65 0,04 0,01 SOMAFEL, S.A. (SUC. BRASIL) 100 TD COMPLEXE AGB-EL BIAR GONGOJI ENERGIA, S.A. TDSP - ALTA VISTA IV, LTDA. BBVA, S.A.
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