DOCSLIB.ORG

View Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
View Annual Report a03-338 • Item 1 (US) ok 23/05/00 12:01 Page 1 PHILIPPE PHILIPPE 2:JOBS:AXA:03-338 • AXA COB 1999 (US): Annual Report 1999 a03-338 • Item 1 (US) ok 23/05/00 12:01 Page 3 PHILIPPE PHILIPPE 2:JOBS:AXA:03-338 • AXA COB 1999 (US): SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F I REGISTRATION STATEMENT PURSUANT TO SECTION 12 (B) OR (G) OF THE SECURITIES EXCHANGE ACT OF 1934 or IX ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 1999 or I TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from to Commission File number: 1-14410 AXA (Exact name of Registrant as specified in its charter) N / A The Republic of France (Translation of Registrant’s (Jurisdiction of incorporation name into English) or organization) 25, avenue Matignon - 75008 Paris - France (Address of registrant’s principal executive offices) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of each class: Name of each exchange on which registered: Ordinary shares New York Stock Exchange American Depositary Shares (as evidenced by American Depositary Receipts), each representing one-half of an Ordinary Share New York Stock Exchange Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None The number of outstanding shares of each of the issuer’s classes of capital or common stock as of December 31 1999 was: 356,335,728 Ordinary Shares of euro 9.15 nominal value, including 11.507.662 American Depositary Shares (as evidenced by American Depositary Receipts), each representing one-half of one Ordinary Share. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes IX No I Indicate by check mark which financial statement item the registrant has elected to follow: Item 17 IX Item 18 I a03-338 • Item 1 (US) ok 23/05/00 12:01 Page 4 PHILIPPE PHILIPPE 2:JOBS:AXA:03-338 • AXA COB 1999 (US): Table of contents Pages PART I ITEM 1 Description of Business . 8 ITEM 2 Description of Property . 67 ITEM 3 Legal Proceedings . 67 ITEM 4 Control of Registrant . 68 ITEM 5 Nature of Trading Market . 70 ITEM 6 Exchange Controls and Other Limitations Affecting Security Holders . 74 ITEM 7 Taxation . 75 ITEM 8 Selected Financial Data . 82 ITEM 9 Management’s Discussion and Analysis of Financial Condition and Results of Operations . 91 ITEM 9A Qualitative and Quantitative Disclosures about Market Risk . 199 ITEM 10 Directors and Officers of the Registrant . 205 ITEM 11 Compensation of Directors and Officers . 210 ITEM 12 Options to Purchase Securities from Registrant or Subsidiaries . 212 ITEM 13 Interest of Management in Certain Transactions . 214 PART II ITEM 14 Description of Securities to be Registered . 215 PART III ITEM 15 Defaults upon Senior Securities . 215 ITEM 16 Changes in Securities and Changes in Security for Registered Securities . 215 PART IV ITEM 17 Financial Statements . F-2 ITEM 18 Financial Statements . 216 ITEM 19 Financial Statements and Exhibits . 216 Glossary . G-1 Signatures . S-1 4 a03-338 • Item 1 (US) ok 23/05/00 12:01 Page 5 PHILIPPE PHILIPPE 2:JOBS:AXA:03-338 • AXA COB 1999 (US): to note 1 to the Consolidated Financial Statements for Presentation further details). Unless noted otherwise, the financial of information information contained in this Annual Report is pre- sented in accordance with French GAAP. French GAAP AXA (or “Company “) is a French société anonyme (a differs significantly from accounting principles gener- form of limited liability company). AXA refers to the ally accepted in the United States (“US GAAP”). See Company and its subsidiaries directly or indirectly held. notes 28 and 29 to the Consolidated Financial The “Mutuelles AXA” refers to four French mutual Statements for a description of the significant differ- insurance companies that, acting as a group, owned ences between French GAAP and US GAAP, a recon- 23.5% of the Company’s issued Shares representing ciliation of net income and shareholders’ equity from 37.0% of the voting rights as of December 31, 1999. French GAAP and US GAAP and condensed consoli- “Shares” refers to the Company’s ordinary shares of dated US GAAP balance sheets and statements of € 9.15 each. “ADS” refers to the Company’s American income. Depository Shares, each of which represents the right Various amounts set out in this document have been to receive one-half of an ordinary share, and “ADR” truncated into millions and, therefore, rounded, and means the Company’s American Depository Receipts accordingly may not total. Rounding differences may each of which represents one ADS. A glossary of cer- also exist for percentages. tain insurance and related terms used in this report is included herein immediately following “Item 19: Financial Statements and Exhibits”. Exchange rate AXA publishes its Consolidated Financial Statements in euros (“euros” or €). The Company’s Consolidated information Financial Statements for the years ended December Prior to January 1, 1999, the French franc was a part 31, 1998 and 1997 were originally prepared and pre- of the European Monetary System exchange rate sented in French francs, and have been translated into mechanism (known as the “EMS”). Within the EMS, euros for purposes of this document at the rate of exchange rates fluctuated within permitted margins, FF 6.55957 = €1, the applicable rate established on fixed by central bank intervention. Under the provi- January 1, 1999. Unless it is otherwise noted, all sions of the Treaty on European Union negotiated at amounts in this Annual Report are expressed in euros. Maastricht in 1991 and signed by the then 12 mem- References to “dollars” or “US$” are to the U.S. cur- bers states of the European Union in early 1992, a rency. European Monetary Union (“EMU”) superseded the AXA’s Consolidated Financial Statements, including the EMS on January 1, 1999 and a single European cur- notes thereto, are included in this Annual Report rency known as the “euro”, was introduced. The fol- and have been prepared in accordance with gener- lowing 11 members states participate in the EMU and ally accepted accounting principles in France (“French have adopted the euro as their national currency: GAAP”). French GAAP is based on requirements set Austria, Belgium, Finland, France, Germany, Ireland, forth in French law and in European regulations (refer Italy, Luxembourg, The Netherlands, Portugal and 5 a03-338 • Item 1 (US) ok 23/05/00 12:01 Page 6 PHILIPPE PHILIPPE 2:JOBS:AXA:03-338 • AXA COB 1999 (US): Spain. In the aggregate, these members are referred to as “Euroland” in this document. The legal rate of Cautionary conversion between French francs and euros was statements on fixed on January 1, 1999 at FF 6.55957 = € 1.00. forward looking Transactions placed in euros commenced on January 1, 1999. statements Since January 1, 1999, the euro has been the lawful currency of the EMU states, although euro banknotes Certain of the statements contained in this Annual and coins are not expected to enter circulation until Report are not historical facts, including, without January 1, 2002. New public debt is issued in euros. limitation, certain statements made in sections entitled Outstanding obligations denominated in national cur- “Item 1: Description of Business”, “Item 9: Manage- rencies will be converted at the legal rates established ment’s Discussion and Analysis” and “Item 9A: on January 1, 1999 (unless specific contracts provide Qualitative and Quantitative Disclosures About Market for an alternative conversion rate). During the transi- Risk”, which are statements of future expectations and tional phase, which is planned to begin on January other forward-looking statements that are based on 1, 2002 and end on July 1, 2002, national currencies, management’s current views and assumptions and including banknotes and coins, will subsist as non- involve known and unknown risks and uncertainties decimal denominations of the euro. There can be no that could cause actual results, performance or events assurance that these events will take place on time or to differ materially from those expressed or implied in otherwise as currently expected. such statements including those discussed elsewhere in this Annual Report and in AXA’s other public filings, For information on historical exchange rate informa- press releases, oral presentations and discussions. tion refer to “Item 8: Selected Financial Data: Exchange Rate Information”. For a discussion of the Forward-looking statements include, among other impact of currency fluctuations on AXA’s financial con- things, discussions concerning AXA’s potential expo- dition and results of operations, see “Item 9: sure to market risks, as well as statements expressing Management’s Discussion and – General Information management’s expectations, beliefs, estimates, fore- – Currency Fluctuations”. casts, projections and assumptions, as indicated by 6 a03-338 • Item 1 (US) ok 23/05/00 12:01 Page 7 PHILIPPE PHILIPPE 2:JOBS:AXA:03-338 • AXA COB 1999 (US): words or phrases such as “believes”, “estimates”, technology and management information systems to “intends”, “anticipates”, “expects”, “projects”, “should”, support strategic goals while continuing to control “probably”, “risks”, “target”, “goals”, “objectives”, costs and expenses; “seeks, “outlook” or similar expressions.
Load more

Recommended publications
  • Initial Public Offerings 2022 Initial Public Offerings 2022
    Initial Public Offerings 2022 Initial Public Offerings 2022 Contributing editors Joshua Ford Bonnie and Kevin P Kennedy © Law Business Research 2021 Publisher Tom Barnes [email protected] Subscriptions Claire Bagnall Initial Public [email protected] Senior business development manager Adam Sargent Offerings [email protected] Published by Law Business Research Ltd Meridian House, 34-35 Farringdon Street 2022 London, EC4A 4HL, UK The information provided in this publication Contributing editors is general and may not apply in a specific situation. Legal advice should always Joshua Ford Bonnie and Kevin P Kennedy be sought before taking any legal action based on the information provided. This Simpson Thacher & Bartlett LLP information is not intended to create, nor does receipt of it constitute, a lawyer– client relationship. The publishers and authors accept no responsibility for any acts or omissions contained herein. The Lexology Getting The Deal Through is delighted to publish the seventh edition of Initial Public information provided was verified between Offerings, which is available in print and online at www.lexology.com/gtdt. May and June 2021. Be advised that this is Lexology Getting The Deal Through provides international expert analysis in key areas of a developing area. law, practice and regulation for corporate counsel, cross-border legal practitioners, and company directors and officers. © Law Business Research Ltd 2021 Throughout this edition, and following the unique Lexology Getting The Deal Through format, No photocopying without a CLA licence. the same key questions are answered by leading practitioners in each of the jurisdictions featured. First published 2015 Our coverage this year includes a new chapters on New Zealand and Turkey.
    [Show full text]
  • Information Circular
    INFORMATION CIRCULAR TO: Nasdaq members, Head Traders, Compliance Officers FROM: Nasdaq Listing Qualifications Department DATE: August 28, 2018 ______________________________________________________________________________ I. Introduction This circular relates to the listing on The Nasdaq Stock Market of the Brookfield Property REIT Inc, (the “Company”) class A common stock under the symbol BPR (the “Equity Investment Tracking Stock”). The Equity Investment Tracking Stock is to be issued pursuant to an agreement and plan of merger (the “Plan”) between GGP Inc. (“GGP”) and Brookfield Property Partners L.P. (“BPY”), among others, pursuant to which BPY will acquire the balance of GGP that it does not already own. Pursuant to the Plan, certain holders of shares of GGP common stock that are unaffiliated with BPY will receive at their election either cash or shares of the Equity Investment Tracking Stock. The GGP common stockholders who elect to receive shares of the Equity Investment Tracking Stock will also have the option at the time of the transaction to exchange all, but not less than all, of the Equity Investment Tracking Stock shares for limited partnership units of BPY (“BPY Units”). GGP will subsequently change its name to Brookfield Property REIT Inc. (“BPR”). BPY and its affiliates will hold class B stock and class C stock in BPR and the unaffiliated GGP common stockholders will own the Equity Investment Tracking Stock. The class B stock and class C stock are not expected to be publicly traded. BPY expects to initially retain the class B stock and class C stock acquired in the transactions and maintain BPR as an independent going concern and as an indirect subsidiary of BPY.
    [Show full text]
  • The Sage Group Plc an Introduction
    The Sage Group plc An introduction February 2016 What we do Sage is the market leader for integrated accounting, payroll and payment systems, supporting the ambition of the world’s entrepreneurs. Sage began as a small business in the UK 35 years ago and over 13000 colleagues now support millions of entrepreneurs across 23 countries as they power the global economy. We reinvent and simplify business accounting through brilliant technology, working with a thriving community of entrepreneurs, business owners, tradespeople, accountants, partners and developers. And as a FTSE 100 business, we are active in supporting our local communities and invest in making a real difference through the philanthropy of the Sage Foundation. The Sage Group plc - an introduction 2 Key facts about our organization Market Finances Customers Global company with over Revenue of 13,000 £1.4bn 3m employees • One of the market leaders • Organic revenue growth of • Supporting customers, in the UK, North America, 6% for 2015 (2014: 5%)* managing over 30,000 calls Europe, South Africa, Asia • Organic operating profit each day and Brazil £380m* • Ecosystem including 100,000 • Local presence in 23 • Market capitalization of c. accountants globally countries globally £6bn The Sage Group plc - an introduction * Data for financial year ending 30 September 2015 3 How we started 1981 2005 2015 Entered the Polish market Sage founded in Newcastle Launch of upon Tyne by David Goldman, 1989 Sage Live Paul Muller and Graham Wylie 1999 2008 Listed on the London Stock and Sage Became
    [Show full text]
  • Notice of Filing of Amendment No. 5 to Proposed Rule Change Adopting Initial and Continued Listing Standards for the Listing Of
    SECURITIES AND EXCHANGE COMMISSION (Release No. 34-77850; File No. SR-NYSE-2016-22) May 17, 2016 Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Amendment No. 5 to Proposed Rule Change Adopting Initial and Continued Listing Standards for the Listing of Equity Investment Tracking Stocks and Adopting Listing Fees Specific to Equity Investment Tracking Stocks I. Introduction On April 7, 2016, the New York Stock Exchange LLC (“NYSE” or the “Exchange”) filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”)1 and Rule 19b-4 thereunder,2 a proposed rule change to adopt initial and continued listing standards for the listing of Equity Investment Tracking Stocks and to adopt fees for Equity Investment Tracking Stocks. The proposed rule change was published for comment in the Federal Register on April 27, 2016.3 On April 20, 2016, the Exchange filed Amendment No. 1 to the proposed rule change, which superseded the original filing in its entirety. On May 17, 2016, the Exchange filed Amendment No. 5 to the proposal, which superseded the filing, as amended by Amendment No. 1.4 Amendment No. 5 is described in Item II below. The Commission is publishing this notice to solicit comments on the proposed rule change, as modified by Amendment No. 5, from interested persons. 1 15 U.S.C.78s(b)(1). 2 17 CFR 240.19b-4. 3 See Securities Exchange Act Release No. 77674 (April 21, 2016), 81 FR 24919 (April 27, 2016).
    [Show full text]
  • I AXA Group Solvency Ratio
    REGISTRATION DOCUMENT ANNUAL FINANCIAL REPORT 2016 CERTAIN PRELIMINARY INFORMATION ABOUT THIS ANNUAL REPORT 1 Group profi le 4 Chairman and Chief Executive Offi cer’s messages 6 THE AXA GROUP 9 1.1 Key fi gures 11 1.2 History 15 1 1.3 Business overview 17 CONTENTS ACTIVITY REPORT AND CAPITAL MANAGEMENT 27 2.1 Market environment 28 2.2 Operating Highlights 33 2 2.3 Activity Report 38 2.4 Liquidity and capital resources 93 2.5 Events subsequent to December 31, 2016 100 2.6 Outlook 101 CORPORATE GOVERNANCE 103 3.1 Corporate governance structure – A balanced and effi cient governance 104 3.2 Executive compensation and share ownership 136 3 3.3 Related-party transactions 171 RISK FACTORS AND RISK MANAGEMENT 177 4.1 Risk factors 178 4.2 Internal control and risk management 190 4 4.3 Market risks 204 4.4 Credit risk 211 4.5 Liquidity risk 214 4.6 Insurance risks 215 4.7 Operational risk 219 4.8 Other material risks 220 CONSOLIDATED FINANCIAL STATEMENTS 223 5.1 Consolidated statement of fi nancial position 224 5.2 Consolidated statement of income 226 5 5.3 Consolidated statement of comprehensive income 227 5.4 Consolidated statement of changes in equity 228 5.5 Consolidated statement of cash fl ows 232 5.6 Notes to the Consolidated Financial Statements 234 5.7 Report of the Statutory Auditors on the consolidated fi nancial statements 370 SHARES, SHARE CAPITAL AND GENERAL INFORMATION 373 6.1 AXA shares 374 6.2 Share capital 375 6 6.3 General information 381 CORPORATE RESPONSIBILITY 391 7.1 General information 392 7.2 Social information 393 7 7.3 Environmental
    [Show full text]
  • Permanent Information on Executive Officers’ Compensation
    February 26, 2021 PERMANENT INFORMATION ON EXECUTIVE OFFICERS’ COMPENSATION In accordance with the Afep-Medef Corporate governance code, AXA hereby discloses decisions made by its Board of Directors on February 24, 2021 with respect to the compensation of AXA’s executive officers. Variable compensation of the Chief Executive Officer (CEO) for 2020 The variable compensation of Mr. Buberl (CEO) is based on two components: The Group performance and his individual performance, which are assessed separately. The determination of the CEO’s variable compensation is based on the following formula: Variable compensation due = Target variable compensation * (70% Group Performance + 30% Individual Performance). Group Performance component In determining the Group performance component of Mr. Buberl’s variable compensation, the Compensation & Governance Committee and the Board of Directors considered the results of the calculation defined at the beginning of the year applicable to all senior executives and based on the following indicators: (i) underlying earnings per share; (ii) adjusted Return on Equity (RoE); (iii) gross revenues, both in Commercial Property & Casualty and in Protection and Health; (iv) Net Promoter Score (customer recommendation index) and (v) non-commission expenses which respectively weigh 55%, 15%, 10%, 10% and 10%. The results of the calculation were significantly impacted by the Covid-19 crisis. Given the demanding nature of the objectives, the strict application of the formula determined by the Board of Directors at the beginning of 2020 to assess the Group performance sets the global achievement rate of these objectives at 35%. A complete neutralization of the impact of the sanitary crisis (1.5 billion euros on the 2020 underlining earnings) would set the global achievement rate of the Group performance at 68%.
    [Show full text]
  • Tracking Stock Makes New (Again)
    T H E VOLUME 8, NUMBER 3 OCTOBER 1999 THE MONTHLY REVIEW OF TAXES, TRENDS & TECHNIQUES TRACI~ING STOCI~ MAI{ES PANEL PUBLISHERS NEWS (AGAIN) by Robert W. Wood • San Francisco EDITOR-IN-CHIEF Robert W. Wood Much has been said over the past few years about tracking stock. Shorn of its Robert W. Wood, P.e. details, tracking stock is merely equity issued by companies that want to San Francisco separate their typically higher growth or sexier divisions from their stodgier components. It is, in a way, a spinoff without a spinoff. If the tracking stock ASSOCIATE EDITOR and the parent company's stock are traded separately, they should arguably Vaughne Sprowls be worth more than the stock of a single company. Tax Institute Sounds an awful lot like spinoff analysis, doesn't it? And that's part of the San Francisco Service's problem. Although tracking stock has been kicking around in the tax and financial literature for quite some time, America's love affair with ADVISORY BOARD tracking stock is now branching out into the general press. The use of tracking Gilbert D. Bloom stock over the past few years has been monumental. A recent article counted KPMG Peat Marwick roughly 36 tracking stocks on the market. Washington Four of them have been issued just this year, including giants like AT&T and Lawrence B. Gibbs Donaldson Lufkin & Jenrette. Other tracking stock issues expected shortly Miller & Chevalier include J.C. Penney, DuPont, and Quantum. Even Walt Disney Co. and Washington Microsoft are both said to be looking at tracking stocks, primarily to track (and Richard M.
    [Show full text]
  • Day Trading Excel Spreadsheet Template
    Day Trading Excel Spreadsheet Template thoughIs Corey Kurt oppositional clemmed orhis shoddy nonces after reffed. hylomorphic Rodge is MayanAntonio and humanize toused sohelluva nonchalantly? as ropier UncovenantedHill reinspired all-in and parand Aleksgradate complotting erenow. almost anticlockwise, The day trading Here, remember the entirety of your investment is on the line. They are in PDF or excel format. HABIT come in and take up permanent residency in your trading room. The Options window generates a dynamic options board directly in Excel. How Do You Make a Trading Journal in Excel? The downloadable Excel file includes four templates. Account Summary tab where you can track your account balance, which I found weird. Please let me know i would like to know before i make the purchase. Pl tell me is there any possibility to plot these technic in amibroker and by the by it can be linked to robo system and work will be done automatically. These are some ideas; there are dozens of other questions that a journal can help answer. God shown a good route to drive my life in excel. This template generates a performance report of stocks from an HGSI warehouse HTML file. With digital options, with this in mind you should have everything you need to track your trades using Google Spreadsheets! If you were to close that same position the following morning, high, vertical or diagonal trades. Have a Cryptocurrency template to share? What is a Trading Journal? What Are Binary Options? No new software, there are certain features that are important for all sections which would lead to a lot of flicking back and forth.
    [Show full text]
  • View Annual Report
    The Sage Group plc Annual Report & Accounts 2012 Giving small and medium sized companies the confidence and freedom to be successful Sage is a business guided by the diverse needs of more than six million unique customers in all four corners of the world From the intuitive design of our software to the expertise of our people, the fundamentals of our business are helping our customers achieve their ambitions, giving them the confidence and control they need to succeed. In this year’s Annual Report, we recognise some of our customers’ successes and the stories behind their businesses. From start-ups to Formula 1 racing teams, we are proud to be associated with each of our valued customers and happy to help them to do what they do best. Case studies showing how we are giving small and medium sized companies the confidence and freedom to be successful are on pages 34 to 39. Highlights • Strong growth in subscription revenues offset by a contraction in software revenues reflecting weakening economic environment in Europe and strategic shift to recurring revenue • Underlying earnings per share of 19.86p (2011: 20.28p*), reflecting an increase in tax rate to 29% from 23% • Good progress made with our three cornerstones to drive accelerated growth: focusing our business, capturing the technology opportunity and the benefits of subscription • A significant presence established in Brazil through the acquisition of Folhamatic and the subsequent acquisitions of EBS and Cenize • Strength of our offering to new and existing customers continues with the addition of 289,000 (2011: 261,000) new paying customers during the year and renewal rate on support contracts maintained at 81% Contents There is more Overview Chairman’s statement 2 information about the What we do 4 Sage Group online Setting the scene for our business and the markets in Where we do it 7 which we operate.
    [Show full text]
  • FTSE CNBC Asia 100 Index V3.1
    Ground Rules FTSE CNBC Asia 100 Index v3.1 ftserussell.com An LSEG Business January 2021 Contents 1.0 Introduction ......................................................................... 3 2.0 Management Responsibilities ............................................ 6 3.0 FTSE Russell Index Policies .............................................. 8 4.0 Treatment of Eligible Securities ...................................... 10 5.0 Qualification Criteria and Periodic Review of Constituents ...................................................................... 11 6.0 Corporate Actions and Events ......................................... 13 7.0 Industry Classification Benchmark (ICB) System .......... 15 8.0 Algorithms and Calculation Method ................................ 16 Appendix A: Treatment of Tracker Stocks ............................... 17 Appendix B: List of Indexes ....................................................... 18 Appendix C: Status of Indexes .................................................. 19 Appendix D: Further Information .............................................. 20 FTSE Russell An LSEG Business | FTSE CNBC Asia 100 Index, v3.1, January 2021 2 of 20 Section 1 Introduction 1.0 Introduction 1.1 FTSE CNBC Asia 100 Index 1.1.1 The FTSE CNBC Asia 100 Index represents the performance of the 100 largest companies in Asia Pacific. The index uses the underlying universe of the FTSE Asia Pacific to select companies. The following countries that are eligible for inclusion in the index include Australia, China1, Hong
    [Show full text]
  • Glossary of Terms Used in FTSE Russell Methodology Documents
    Glossary of Terms used in FTSE Russell Equity Methodology Documents v2.0 ftserussell.com An LSEG Business June 2021 Contents A F Acquiring Company Free Float / Float Acquisition Foreign Headroom Alternatively Weighted Indices Foreign Ownership Average Daily Dollar Trading Volume (ADDTV) FTSE4Good Full Market Capitalisation B Basis Point G Benchmark’ Growth Company Benchmark Administrator H Benefit Driven Incorporation (BDI) Home Country Indicators (HCI) Buffer Zone I C ICB Capped Index Index Capped Weight Index Base Date Capital Index Index Base Value Composite Value Score (CVS) Informative Notice Constituent Investable Market Capitalisation Corporate Action Investability Weighting Corporate Event IOSCO Country Classification IOSCO Principles Cumulative Market Capitalisation IPO (Initial Public Offering) D L DDS - Data Delivery System Liquidity Screen Divisor Dummy Line M Market Adjusted Breakpoints E Market Capitalisation Weighted Indices ESG Merger FTSE Russell An LSEG Business | Glossary of Terms used in FTSE Russell Equity Methodology Documents, v2.0, 2 of 14 June 2021 Methodology N Non-Domestic Exchange (NDE) Country Non-Linear Probability Algorithm (NLP) Non-Trading Days P Percentile Banding Pricing Vehicle R Rank Day Rebalance Rebasing Reconstitution Reverse Merger Review Russell Global Classification Scheme (“RGS”) S Sharia (or Shariah) Indices Shares in issue SRI Stability Probability Style Probability Synthetic Price T Target Company Technical Notice (Index Announcement) Total Return Index Tracking Stock Treasury Shares V Value Company Velocity W Weight Adjustment Factor (WAF) FTSE Russell An LSEG Business | Glossary of Terms used in FTSE Russell Equity Methodology Documents, v2.0, 3 of 14 June 2021 Glossary A Return to Contents Acquiring Company A company which is attempting to purchase another company.
    [Show full text]
  • Rapport D'activité 2000
    Rapport d’activité 2000 Leader mondial de la protection financière Profil • 50 millions de clients • 140 000 collaborateurs dans le monde • 80 milliards d'euros de chiffre d'affaires • 900 milliards d'euros d' actifs gérés • 2,5 milliards d'euros de résultat net courant* • 6,38 euros de bénéfice net par action courant* dilué • 13,7 % de rentabilité* sur fonds propres • 64 milliards d'euros de capitalisation boursière * résultat net part du Groupe hors opérations exceptionnelles et avant amortissement des écarts d’acquisition Sommaire Le Groupe . 2 Message des Présidents . 4 Priorités 2001-2003 . 6 AXA et ses clients . 7 AXA et ses réseaux . 10 AXA et ses collaborateurs . 12 AXA et ses actionnaires . 15 AXA entreprise citoyenne . 18 Les Activités . 20 Organisation . 22 Le Journal de l’année 2000 . 24 Chiffres clés . 26 AXA dans le monde . 30 Assurance . 31 Assurance internationale . 52 Gestion d’actifs . 55 Compte de résultat consolidé . 59 Bilan consolidé . 60 AXA pratique . 62 Organigramme simplifié . 64 Adresses . 66 12 9 3 6 ‘‘ À chaque heure de ma vie, une solution AXA.’’ 1 Le Group JohanneJohanne etet DavidDavid 13 h 38 Paris Ce qui compte pour moi, ‘‘c'est d'instaurer avec mon conseiller un partenariat durable, une relation fondée sur une confiance réciproque.’’ 2 Le Groupe Les Activités Le Journal de l’année 2000 e Chiffres clés Assurance Assurance internationale Gestion d’actifs Résultats AXA pratique 3 Message des Présidents Pour relever ce défi, nous disposons d'atouts majeurs : I 50 millions de clients dans le monde, Claude Bébéar Henri de Castries I Un réseau exclusif de distribution fort Président du Conseil Président du de Surveillance Directoire de 44 000 personnes, I Une marque unique et mondialement reconnue, I Une réelle compétence en termes Bâtir notre avenir de souscription, de gestion d'actifs et de conseil financier.
    [Show full text]