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Consolidated Financial Statements
CONSOLIDATED FINANCIAL STATEMENTS 27 C ONSOLIDATED HIGHLIGHTS in millions of euros 1996 1997 1998 1999 2000 Net sales 4,932 7,513 7,130 8,758 11,867 Income from operations* 1,092 1,275 1,181 1,551 1,967 Income before taxes* 1,017 1,179 969 1,415 1,652 Net current income before goodwill amortization, Group share 282 300 184 295 320 Net income, Group share 191 246 47 264 251 * Adjusted retroactively to account for restatements. euros Net current income before goodwill amortization, per share* 1.68 1.78 1.04 1.63 1.77 * Adjusted to reflect the nominal split by four carried out on 07/03/2000. in millions of euros Total assets 17,042 20,091 21,422 26,330 28,435 Shareholders’ equity 3,358 3,595 3,724 3,887 3,972 Cash generation* 853 1,155 517 922 1,122 * Adjusted retroactively to account for restatements. 29 C ONSOLIDATED BALANCE SHEET in millions of currency units, at December 31 2000 2000 1999 1998 ASSETS Notes FRF Euros Current assets Cash and equivalents 3 4,787 730 664 672 Short-term investments 3 8,700 1,326 187 218 Treasury shares 4 8,989 1,370 903 244 Trade accounts receivable 5 10,992 1,676 1,476 1,153 Net deferred taxes 1,768 269 275 208 Inventories and work-in-progress 6-27 22,503 3,431 2,988 2,603 Other receivables 10,597 1,616 1,912 726 Total current assets 68,336 10,418 8,405 5,824 Fixed assets Investments in companies accounted for by the equity method 7 155 24 14 10 Other investments securities 8 13,455 2,051 4,217 3,777 Other financial fixed assets 2,710 413 261 199 16,320 2,488 4,492 3,986 Property, plant and equipment 9 38,261 -
A New Voyage Begins
A new voyage begins 2013 REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT ACCO_1402056_Couv_Doc de ref_A4_GB.indd 1 01/04/14 19:16 Content 1 4 CORPORATE 2013 REVIEW OF PRESENTATION 3 THE YEAR 163 1.1. Corporate Profile 4 4.1. Financial review AFR 164 1.2. Core Businesses 4 4.2. Report on the parent company financial statements 1.3. Financial highlights 11 for the year ended December 31, 2013 172 1.4. Milestones 12 4.3. Material contracts AFR 175 1.5. Strategic Vision and Outlook 15 4.4. Significant events of early 2014 AFR 175 2 5 CORPORATE FINANCIAL RESPONSIBILITY 23 STATEMEMENTS AFR 177 2.1. Background and challenges 24 5.1. Statutory auditors’ report on the consolidated financial statements 178 2.2. Stakeholder relations 26 5.2. Consolidated Financial Statements and Notes 179 2.3. Corporate social responsibility process and commitments 33 5.3. Statutory auditors’ report on the financial statements 280 2.4. CSR and Governance 43 5.4. Parent Company Financial Statements and Notes 282 2.5. Commitments to employees AFR 44 2.6. Commitments to society AFR 55 2.7. Environmental commitments AFR 67 6 2.8. Measuring and assessing our performance 82 2.9. Independent verifier’s report on consolidated social , CAPITAL AND OWNERSHIP environmental and societal information presented STRUCTURE 317 in the management report 94 6.1. Information about the Company 318 6.2. Share capital AFR 321 6.3. Ownership structure AFR 325 3 6.4. The market for Accor Securities 328 CORPORATE GOVERNANCE 97 3.1. Administrative and management bodies 98 7 3.2. -
UNIVERSAL REGISTRATION DOCUMENT 2019/2020 Including the Annual Financial Report Summary
UNIVERSAL REGISTRATION DOCUMENT 2019/2020 Including the Annual Financial Report Summary PRESENTATION OF THE GROUP 5 1.1 Presentation of the Group 6 1.2 Company information 13 1.3 Information about the share capital 18 1.4 Shareholders 19 1.5 Stock market indicators 23 RISK MANAGEMENT 25 2.1 Internal control and risk management mechanisms 26 2.2 Risk factors 28 2.3 Insurance and risk coverage 36 2.4 Preparation of financial and accounting information 37 CORPORATE GOVERNANCE 41 3.1 Administrative and management bodies 42 3.2 Remuneration of corporate officers 51 3.3 Summary of valid powers granted to the Board of Directors regarding capital increases 69 3.4 Information likely to have an impact in the event of a public offering (Article L. 225-37-5 of the French Commercial Code) 70 3.5 Agreements entered into between an executive officer or significant shareholder and subsidiaries of the Company 71 3.6 Special procedures for the involvement of shareholders in the Shareholders’ Ordinary Meeting 71 3.7 Regulated agreements 72 3.8 Statutory Auditors’ special report on regulated agreements 73 EXTRA-FINANCIAL PERFORMANCE DECLARATION 75 4.1 A Group committed to responsible tourism 76 4.2 Making sustainable development a lever to enrich the customer experience 79 4.3 Creating value in the regions where we operate 84 4.4 Developing a culture of responsible entrepreneurs 88 4.5 Limiting our Environmental and Carbon Footprint and Promoting Biodiversity 100 4.6 Methodological note 107 4.7 Independent Third-Party Body report 110 4.8 NFPS concordance -
Nominations Olivier Garaïalde, Chief Executive Officer Sylvain Bosc, Chief Commercial Officer
Press Release Nominations Olivier Garaïalde, Chief Executive Officer Sylvain Bosc, Chief Commercial Officer Paris, 1 March 2021 – The Pierre & Vacances-Center Parcs Group announces the nominations of Olivier Garaïalde as Chief Executive Officer and Sylvain Bosc as Chief Commercial Officer of Center Parcs Europe. Olivier Garaïalde reports directly to Franck Gervais, the Group CEO and is to join the Pierre & Vacances-Center Parcs Group Executive Committee. Holder of a BSC in hospitality management from the Ecole Hôtelière de Lausanne in Switzerland, Olivier Garaïalde (54 years) started his career in 1991 with the opening team of Disneyland Paris. He occupied various Finance and Operations positions before becoming Director of Hotel Operations for seven hotels. In 2005, he joined Compagnie des Alpes as Operations Director, reorganising the Group’s leisure resorts division. He joined the Executive Committee in 2009 as Vice-President of Operations. In 2013, he moved to the United Arab Emirates to become Vice President of Operations for the Farah Experiences LLC group and then CEO in March 2016. As CEO, Olivier Garaïalde will represent Center Parcs within the Group’s General Management. More specifically, he will pilot the acceleration in Center Parcs’ transformation, with a particular focus on international development, evolving the business model, digitalisation and enhancing the offer. He will supervise the continuity and deployment of its CSR strategy. ******* Press contacts Anna Almeida | Tel.: 06 73 10 26 32 | E-mail: [email protected] | Sylvain Bosc is member of the Center Parcs Europe Executive Committee and reports directly to Olivier Garaïalde, CEO of Center Parcs Europe. An HEC graduate, Sylvain Bosc, 49, has spent 25 years in the airline industry. -
Hotel Investment Outlook 2020 2019 in Review
Hotel Investment Outlook 2020 2019 in review Global hotel transaction volumes in 2019 reached US$66 billion, bolstered by a resilient global economy, strong employment markets and demand from domestic and international travelers. However, the length of the current market cycle, global trade tensions and the ongoing uncertainty surrounding Brexit gave investors cause to feel more cautious last year, which led to a six percent decrease in total hotel market liquidity compared with 2018. Factors that will influence investor behavior in 2020 • Stagnant economic growth: global GDP is expected to remain at 2.5 percent • Political fatigue: unrest in major parts of the world is making investors cautious • Global trade tensions: tariff uncertainty between major trading blocs and countries is unnerving investors • The epidemic risk of the coronavirus will impact travel volumes and, in turn, investor appetite 2 | Hotel Investment Outlook 2020 2020: optimistically cautious International, political and economic dynamics are unlikely to shift Transaction activity will be driven by significantly in 2020 and the global economy and real estate markets can • A record level of dry powder being raised expect slower growth as a result. The deal pipeline in 2020 is strong across and pressure to deploy capital in a low-yield all regions but the amount of capital available is unlikely to match the environment amount of stock and, consequently, pricing will remain tight this year. • New hotel buyers emerging in search of Global hotel liquidity is expected to decrease by approximately 10-15 attractive yield percent as investors adopt an optimistically cautious approach. Portfolio • Capital outflow from geopolitically challenged volumes will struggle to grow through 2020 but the single asset market will countries remain buoyant. -
"SOLIZE India Technologies Private Limited" 56553102 .FABRIC 34354648 @Fentures B.V
Erkende referenten / Recognised sponsors Arbeid Regulier en Kennismigranten / Regular labour and Highly skilled migrants Naam bedrijf/organisatie Inschrijfnummer KvK Name company/organisation Registration number Chamber of Commerce "@1" special projects payroll B.V. 70880565 "SOLIZE India Technologies Private Limited" 56553102 .FABRIC 34354648 @Fentures B.V. 82701695 01-10 Architecten B.V. 24257403 100 Grams B.V. 69299544 10X Genomics B.V. 68933223 12Connect B.V. 20122308 180 Amsterdam BV 34117849 1908 Acquisition B.V. 60844868 2 Getthere Holding B.V. 30225996 20Face B.V. 69220085 21 Markets B.V. 59575417 247TailorSteel B.V. 9163645 24sessions.com B.V. 64312100 2525 Ventures B.V. 63661438 2-B Energy Holding 8156456 2M Engineering Limited 17172882 30MHz B.V. 61677817 360KAS B.V. 66831148 365Werk Contracting B.V. 67524524 3D Hubs B.V. 57883424 3DUniversum B.V. 60891831 3esi Netherlands B.V. 71974210 3M Nederland B.V. 28020725 3P Project Services B.V. 20132450 4DotNet B.V. 4079637 4People Zuid B.V. 50131907 4PS Development B.V. 55280404 4WEB EU B.V. 59251778 50five B.V. 66605938 5CA B.V. 30277579 5Hands Metaal B.V. 56889143 72andSunny NL B.V. 34257945 83Design Inc. Europe Representative Office 66864844 A. Hak Drillcon B.V. 30276754 A.A.B. International B.V. 30148836 A.C.E. Ingenieurs en Adviesbureau, Werktuigbouw en Electrotechniek B.V. 17071306 A.M. Best (EU) Rating Services B.V. 71592717 A.M.P.C. Associated Medical Project Consultants B.V. 11023272 A.N.T. International B.V. 6089432 A.S. Watson (Health & Beauty Continental Europe) B.V. 31035585 A.T. Kearney B.V. -
Forced Labor in Austria Late Recognition History Tragic Fates
Fund for Reconciliation, Peace and 19381945 Cooperation:Forced Labor in Austria Late Recognition History Tragic Fates Hubert Feichtlbauer Imprint Austrian Reconciliation Fund (Publisher) Hubert Feichtlbauer (Author) Scientific Advisor Univ. Doz. Florian Freund German Edition: ISBN: 3-901116-21-4 English Edition: ISBN: 3-901116-22-2 Published in German, English, Polish and Russian Printed by Rema Print, Neulerchenfelder Straße 35, A-1160 Vienna, on 100% chlorine-free bleached paper The book, the title, the cover design and all symbols and illustrations used are protected by copyright. All rights reserved, in particular with regard to the translation, reproduction, extraction of photomechanical or similar material and storage in data processing media either in full or in part. Despite careful research, no responsibility is accepted for the correctness of the information contained in this book. In order to ensure the readability of the texts and lists, gender-specific formulations were frequently dispensed with. Quotes from individuals and legal documents were translated solely for the purposes of this publication. No liability is accepted for translation, typesetting and printing errors. www.reconciliationfund.at © 2005 2 Schopenhauerstraße 36, A-1180 Vienna www.braintrust.at Contents 1. ›Preface‹ 5 Wolfgang Schüssel, Maria Schaumayer, Ludwig Steiner, Richard Wotava; About This Book 2. ›Guilt and Atonement‹ 17 3. ›Racism and Exploitation‹ 41 4. ›Every Case a Tragic Fate‹ 71 5. ›Why Such a Late Issue?‹ 127 6. ›The State and the Business Community -
Les Chaînes Partent À L'aventure
Nouveautés 2017-2018 : les chaînes partent à l’aventure Partie 2 : le flux Après avoir présenté les prochaines séries qui seront diffusées en France au cours de la saison[1], NPA Conseil récapitule les nouveautés de flux des chaînes historiques et TNT. Ce sont près d’une cinquantaine de programmes qui ont été annoncés pour la saison 2017/2018 (48 vs 41 la saison précédente) dont 60% de formats originaux. Le renouveau de l’après-midi de France 2 en semaine et le week-end Les chaînes de France Télévisions sont celles qui ont annoncé le plus de nouveautés de flux sur leurs antennes. Ce sont ainsi 17 nouveaux programmes prévus pour cette saison, en grande partie des magazines et du divertissement, animés par les personnalités de la chaîne dont les nouveaux venus tels que Daphné Bürki pourJe t’aime etc… (Martange Production et ITV Studios France) ainsi que Faustine Bollaert avecÇa commence aujourd’hui (Réservoir Prod) ou A table : mangez sain dépensez moins (KM Production). Ces animatrices, avec Sophie Davant pourAffaire conclue (Warner Bros ITP / France Télévisions), ont ainsi la tâche de rebooster les après-midis de France 2, en manque de stabilité depuis quelques saisons. La grille de la fin d’après-midi dominicale de la chaîne a également été totalement renouvelée avec l’arrivée des Enfants de la télé (EndemolShine France) présenté par Laurent Ruquier depuis le 3 septembre et qui sera suivi de Code promo (Tout sur l’écran productions) à partir du 1er octobre. Animé par Stéphane Bern, le magazine de divertissement invitera chaque semaine une célébrité dont la promotion sera assurée par une bande d’humoristes. -
BENJAMIN CASTALDI « Cette Émission Est Une Rolls » L’ACADÉMIE DES 9 | DU LUN
N°479 7 JOURS DE TÉLÉ | DU 22 AU 28 AOÛT 2015 RÉGIONS PRISON BREAK SPORT ATHLÉTISME 24 HEURES HEROES RENAUD LAVILLENIE UNE SUITE POUR TWIN PEAKS, X-FILES, HEROES, sur le toit PRISON BREAK… du monde ? Fausse bonne idée ? FRANCE TÉLÉ. | TS LES JOURS 8.00 BENJAMIN CASTALDI « Cette émission est une Rolls » L’ACADÉMIE DES 9 | DU LUN. AU VEN. | 18.50 www.tvrégions.com TVR479-COUVERTURE MONTPELLIER.indd 1 11/08/15 15:17 Cette poupée vous donne l’impression d’avoir dans les bras un vrai bébé Petite Grace Une « première » exclusive de l’artiste Linda Murray Entièrement sculptée avec des détails réalistes w En vinyl RealTouch® de grande valeur w Grâce à la souplesse des bras et des jambes, la poupée peut prendre de nombreuses poses naturelles w Cheveux appliqués à la main Un vrai chef-d’œuvre de Cette poupée n’est pas un jouet, l’art des poupées mais une poupée de collection de grande valeur. Chaque poupée est un chef-d’œuvre fabriqué individuellement et peut différer légèrement du modèle présenté. Taille : 50 cm ✃ Il n’existe pas de plus beau sentiment au monde que de prendre BON DE COMMANDE EXCLUSIF Répondez avant le 31 août 2015 7659 un bébé dans ses bras et de sentir le poids de son petit corps. Avec la petite « Grace », vous pouvez éprouver encore et encore cette Oui, je commande la poupée « Petite Grace » r Je joins un chèque (ou mandat postal) de 69.95 E pour impression géniale. En effet, cette poupée de grande valeur a été confirmer ma commande à l’ordre de Ashton-Drake et je sculptée magistralement de la tête aux pieds en vinyl RealTouch®, réglerai le solde après réception de mon produit. -
LVMH - Wikipedia
LVMH - Wikipedia https://it.wikipedia.org/wiki/LVMH LVMH Da Wikipedia, l'enciclopedia libera. LVMH Moët Hennessy Louis Vuitton SE abitualmente accorciata in LVMH , è una società europea con sede a Parigi, in Francia. È proprietaria di numerose aziende di alta moda, come Bulgari, DKNY, Fendi, LVMH Moët Hennessy Louis Vuitton SE Givenchy, Kenzo, Loro Piana e Louis Vuitton, di orologi, come TAG Heuer, di alcolici come la Moët & Chandon, di cosmesi come Sephora e di editoria come Les Échos e Le Parisien. Stato Unione europea Tipo Società europea Indice Borse Euronext: MC valori (https://www.euronext.com 1 Struttura /en/products/equities 2 Azionisti 3 Marchi controllati /FR0000121014-XPAR) 3.1 Vini e alcolici ISIN FR0000121014 3.2 Orologi e gioielli (http://www.isin.org/isin-preview 3.3 Prodotti di moda /?isin=FR0000121014) 3.4 Distribuzione Fondazione 3 giugno 1987 a Parigi 3.5 Profumi 3.6 Editoria Sede Parigi 3.7 Altri settori d'attività principale 3.8 Bar e Ristorazione Gruppo Christian Dior 4 Note Filiali Acqua di Parma 5 Altri progetti Bvlgari DKNY Fendi Struttura Givenchy Kenzo La LVMH ha sede a Parigi ed è quotata al CAC 40, ha quasi 120 000 dipendenti e il 40% di questi lavora in Le Parisien patria, la LVMH si è sempre caratterizzata per la qualità di vendere i propri prodotti solo nei propri negozi Les Échos (circa 2.400 in giro per il mondo) o in alcuni negozi ben determinati (per esempio i magazzini Harrods) 1 di 6 20/12/2016 10:07 LVMH - Wikipedia https://it.wikipedia.org/wiki/LVMH mantenendo così il carattere elitario del marchio e il conseguente prezzo elevato. -
Par Edouard Balladur
www.lemonde.fr 58 ANNÉE – Nº 17853 – 1,20 ¤ – FRANCE MÉTROPOLITAINE --- JEUDI 20JUIN 2002 FONDATEUR : HUBERT BEUVE-MÉRY – DIRECTEUR : JEAN-MARIE COLOMBANI -- Les engagements de Chirac Lendemains Tout le cinéma d’élections et les sorties f Les députés élisent Toute la Fête à l’épreuve de l’Europe les présidents des groupes de la Musique Immigration, élargissement, budget, TVA et PAC : le nouveau pouvoir et l’agenda européen f Jacques Barrot seul L’EUROPE s’invite dans l’agenda ce et la Suède s’opposent à tout ANGOLA politique français. Le gouvernement mécanisme de sanction. candidat pour l’UMP, de Jean-Pierre Raffarin à peine ins- M. Chirac devra plaider plusieurs Jean-Marc Ayrault Récit d’un désastre tallé, Jacques Chirac se rendra, ven- dossiers économiques qui ont, ces humanitaire p. 2 dredi 21 et samedi 22 juin, au som- dernières semaines, compliqué les favori pour le PS met européen de Séville. Recevant, relations avec ses partenaires. Sa ISRAËL mardi à Paris, l’Espagnol José Maria promesse électorale d’une baisse de f Aznar, président en exercice de la TVA de 19,6 % à 5,5 % dans la res- Les Verts tentent Vivre à Jérusalem dans l’Union européenne, le président de tauration se heurte aux règles euro- de constituer la terreur des attentats. la République s’est dit déterminé à péennes. Un compromis pourrait se ce que le « sommet de Séville soit un dégager sur l’équilibre des finances un cinquième groupe Reportage p. 3 succès ». publiques à atteindre en 2004. Rap- et un point de vue p. 20 L’un des principaux dossiers sera pelée à l’ordre à de multiples repri- f A droite, la bataille celui de l’immigration. -
Lisbon Watch” Annual Report, Issue 1
With the support of the Lifelong Learning Programme of the European Union Project no. 177316-LLP-1-2010-DE-ERASMUS-ENWA LISBOAN Linking Interdisciplinary Integration Studies by Broadening the European Academic Network “Lisbon Watch” Annual Report, Issue 1 Deliverable No. D20 June 2011 Dissemination level: Public Funding Disclaimer: This project has been funded with support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. Lisbon Watch Issue 1 June 2011 Introduction This is the first issue of the “Lisbon Watch”, an annual report mapping the state of the art of and progress on research and teaching regarding the new legal foundations of the European Union: the Treaty on European Union (TEU) and the Treaty on the Functioning of the European Union (TFEU), referred to as “Lisbon Treaty” in short. As integral part of the LISBOAN1 project, the Lisbon Watch offers a unique multi-disciplinary perspective on the Lisbon Treaty’s impact on integration studies. 37 LISBOAN member institutes from 27 countries have answered an open questionnaire which was distributed in December 2010. The contributions cover activities at the respondents’ own institutes, but also address research efforts and political debates in each country as a whole. While the focus is on the period of autumn 2010 - spring 2011, developments around the coming into force of the LT in December 2009 are also included whenever applicable. Following the structure of the questionnaire, the report is divided into four parts.