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Recovery Underway Annual Report 2010 Arcelormittal Is Well Positioned for Growth
Recovery underway Annual Report 2010 ArcelorMittal is well positioned for growth. To achieve this, the Group has identifi ed fi ve components for success: People and safety, Capital, Knowledge, Growth and Mining. Global presence ArcelorMittal is the largest steel producer in the Americas, Africa and Europe, and is the second largest producer in the CIS region, with a growing presence in Asia, particularly China. ArcelorMittal has steelmaking operations in 20 countries on four continents, including 65 integrated mini-mill and integrated mini-mill steelmaking facilities. Contents Americas Europe 1 Financial highlights 2 Message from the Chairman and CEO 6 Marketplace analysis 10 Our business 12 5 key components for success: 1 – People and safety 2 – Capital 3 – Knowledge 4 – Growth 5 – Mining 24 Questions for the Group Management Board 28 Board of Directors 30 Senior Management 32 Corporate responsibility 36 Operational review 44 Key Performance Indicators (KPIs) 46 Liquidity 51 Summary of risks and uncertainties 52 Corporate governance Flat Carbon Long Carbon Mining Flat Carbon Poland Poland 62 Share capital • Chorzów • Chorzów Brazil Argentina Brazil Belgium • Dabrowa • Dabrowa 65 Additional information • São Francisco • Villa • Andrade Mines • Charleroi 66 Shareholder information Gornicza Gornicza do Sul Constitución • Serra Azul • Geel • Kraków • Kraków Group structure 68 • Vitória Brazil Canada • Genk • Sosnowiec • Sosnowiec Canada • Cariacica • Mont-Wright • Ghent • Świętochłowice • Warsaw • Huy • Hamilton • João • Port-Cartier • Zdzieszowice -
Lux-Avantage
LUX-AVANTAGE Société d'Investissement à Capital Variable (SICAV) de droit luxembourgeois à compartiments multiples Investmentgesellschaft mit variablem Kapital (SICAV) luxemburgischen Rechts mit mehreren Teilfonds R.C.S. Luxembourg B 46 041 Rapport semestriel non révisé Ungeprüfter Halbjahresbericht au / zum 31 mars / März 2013 Ce rapport est un document d'information à l'usage des actionnaires. Les souscriptions ne peuvent être acceptées que sur la base du prospectus d'émission courant, accompagné du dernier rapport annuel et semestriel si celui-ci est plus récent que le rapport annuel. Ces documents seront adressés gratuitement à toute personne qui en manifestera le désir. Dieser Bericht ist ein Informationsdokument für die Anteilsinhaber. Zeichnungen erfolgen auf der Basis des zur Zeit gültigen Verkaufsprospekts mit dem letzten Jahresbericht und dem letzten Halbjahresbericht, sollte dieser jüngeren Datums sein. Diese Dokumente werden jedem auf Anfrage kostenlos zugestellt. LUX-AVANTAGE Sommaire / Inhaltsverzeichnis Organisation / Management und Verwaltung ..................................................................................... 2 Informations générales / Allgemeine Informationen ......................................................................... 5 Rapport d'activité / Aktivitätsbericht ................................................................................................ 11 LUX-AVANTAGE I ............................................................................................................................... -
Press Release
Press release Luxembourg, 4 July 2011 INTERIM REVISION OF THE LUXX INDEX Following the end of the first half of 2011, there was no change to the companies that are included in the LuxX index of the Luxembourg Stock Exchange. However, an adjustment was made in the weighting of the companies making up the index, based on their closing prices, the number of shares outstanding and their free-float. Therefore, on Friday 1 July 2011, the index had the following configuration: Weighting Number Weighting Number Company at 30/06/2011 of shares at 1/03/2011 of shares Aperam 11.13% 210 14.33% 210 ArcelorMittal 19.62% 345 20.00% 345 BIP Investment Partners 2.21% 15 2.09% 15 Dexia 1.85% 364 2.62% 364 Foyer 0.80% 7 0.70% 7 KBC Group 7.07% 110 7.42% 110 Luxempart 3.19% 56 2.98% 56 Reinet Investments 17.23% 581 15.43% 581 RTL Group 10.95% 68 11.02% 68 SES 22.32% 490 20.00% 490 Socfinaf 2.27% 40* 1.83% 4 Socfinasia 1.36% 20* 1.59% 1 (* split at 01-07-2011) About the Luxembourg Stock Exchange The Luxembourg Stock Exchange began operating as a limited company in 1929, and has since gained extensive experience in listing and trading of securities from many different regions. Today the Luxembourg Stock Exchange has two markets — regulated and Euro MTF — with 29,694 international bond issues representing 42% of total international bonds listed on EU markets. It also lists some 6,440 shares and units of investment funds in around twenty currencies, offering a wide range of investment opportunities, as well as 264 depositary receipts of issuers based in emerging markets. -
Annual Report 2019
ANNUAL REPORT 2019 ANNUAL REPORT 2019 CONTENTS Annual report 2019 Management report on consolidated accounts p. 6 Corporate Governance p. 29 Annual remuneration report p. 53 Information on Corporate Social Responsibility (CSR) p. 57 Operational Group Chart p. 58 Our main investment lines p. 60 Fund of Funds: our main lines p. 78 Financial information IFRS consolidated Financial statements p. 84 Annual accounts and report of the réviseur d’entreprises agrée p. 134 Contents 5 2019 MANAGEMENT REPORT ON THE SOCIAL AND CONSOLIDATED FINANCIAL STATEMENTS as at 31 December 2019 OUR DNA Luxempart is a Luxembourg based investment holding › Investments are realized along the following company with more than 25 years of existence, an estimated guidelines net asset value of 1.58 € billion and a market capitalisation • investment amounts up to € 100 million of nearly 1.1 € billion as of end of 2019. • investment in listed and non-listed companies • no exit pressure Luxempart invests in several European countries, mainly • involvement on board level in the DACH region (Germany, Austria and Switzerland), • supportive, hands-on approach Luxembourg, Belgium and France. Its core team is based • no sector focus but affinity for energy, insurance, tele- in Luxembourg. communication, security, health care and education Luxempart also holds a fund of funds portfolio through Luxempart shareholders and management believe in investments in selected European funds. It is a sponsor of value creation through patient involvement, European several closely associated funds in Italy, France and Ger- mind-set and ambitious team spirit. many. Luxempart will develop, next to its direct investment activity, its fund exposure to additional geographies and Our evolution has been characterized by a successful di- strengthen its fund team. -
Annual Report 2007 Enterprise Today While Thinking of Tomorrow
Financial calendar 28/04/2008 Ordinary General Meeting Annual report 2007 20/08/2008 Board of Directors meeting – results to end of 6/2008 Summary 08/12/2008 Board of Directors meeting – 2009 budget 25/03/2009 Board of Directors meeting – 2008 results and proposed appropriation of the results 27/04/2009 Annual General Meeting Composition of the portfolio p.1 Enterprise today Message to the shareholders p.3 while thinking Organisational structure p.4 of tomorrow Information on the shareholdings 12, rue Léon Laval - L- 3372 Leudelange Main listed shareholdings p.6 Tel.: +352 420 947 - Fax: +352 425 462 e-mail: [email protected] www.luxempart.lu Private Equity p.16 WorldReginfo - 1d284765-0915-4783-8537-e28274ce0360 Financial calendar 28/04/2008 Ordinary General Meeting Annual report 2007 20/08/2008 Board of Directors meeting – results to end of 6/2008 Summary 08/12/2008 Board of Directors meeting – 2009 budget 25/03/2009 Board of Directors meeting – 2008 results and proposed appropriation of the results 27/04/2009 Annual General Meeting Composition of the portfolio p.1 Enterprise today Message to the shareholders p.3 while thinking Organisational structure p.4 of tomorrow Information on the shareholdings 12, rue Léon Laval - L- 3372 Leudelange Main listed shareholdings p.6 Tel.: +352 420 947 - Fax: +352 425 462 e-mail: [email protected] www.luxempart.lu Private Equity p.16 WorldReginfo - 1d284765-0915-4783-8537-e28274ce0360 Consolidated key figures 400 IFRS (International Financial Reporting Standards) 350 300 In € M 31.12.2007 31.12.2006 -
Luxx Price Index
LuxX Price and return BASIS 1,000 AS OF 4TH JANUARY 1999 2021 The LuxX Index The LuxX Index is a basket index with a twofold computation, ie the Price LuxX Index and the Return LuxX Index. The Price index is published as of 4 January 1999. The Return LuxX Index is similar to the Price index except that it takes into account the stripped net dividends. In so doing, it enables the investors to assess their return on investment. The Return index has been published since 31 March 1999. 1. INDEX ENTRY REQUIREMENTS 3. THE LUXX INDEX IS A BASKET INDEX a) all shares issued by Luxembourg companies listed on the The LuxX Index relies on a basket of easily tradable securities Luxembourg Stock Exchange having directly or indirectly meeting the requirements defined above. an economic activity in Luxembourg, a significant activity on the Luxembourg Stock Exchange market or whose part The number of securities included in the basket for a given of the shareholders is Luxembourg-based are eligible. share is obtained by applying its weight to the basis The Executive Committee decides on the eligibility capitalisation of the index basket. The resulting amount in respect of each company by assessing whether one is then divided by the last stock exchange price of the month of these requirements are adequately met; preceding the index update date. b) the LuxX Index is an open index, which means that the number of eligible constituent companies is not limited. 4. REVISION OF THE INDEX CONSTITUENTS As a matter of fact, any company meeting the requirements specified in paragraph above can be retained among A revision of the LuxX Index constituents is made annually the index constituents. -
Annual Report 2007 Contents
Annual Report 2007 Contents KEY FIGURES 05 THE COMPANY AND ITS ENVIRONMENT 06 The Company 07 2007 highlights 08 Share price and net asset value 08 Chairman’s statement 09 Governing bodies 11 Governance of BIP 13 PORTFOLIO 18 Public equity 19 Private equity 29 FINANCIAL INFORMATION 42 Report of the Board of Directors to the General Meeting of shareholders 43 Consolidated nancial statements for the year ended 31 December 2007 51 Independent auditor’s report 84 Summary separate annual nancial statements for the year ended 31 December 2007 85 This is a translation of the of cial report written in French and has been prepared for the convenience of English-speaking readers. In the event of any discrepancy between this document and the French original, only the French original is authoritative. 5 Key Figures in EUR 31.12.2007 31.12.2006 Per share data Estimated value 123.85 106.21 Market price 98.00 80.50 Dividend (proposed) 3.40 3.00 Diluted net income per share 15.14 14.94 EUR millions 31.12.2007 31.12.2006 Earnings Net income 71.5 71.0 Balance sheet Equity 580.7 501.8 Total assets 591.0 510.6 EUR millions 31.12.2007 % 31.12.2006 % Investments Listed companies 384.4 67 318.5 64 Direct private equity investment 84.3 15 92.5 18 Private equity funds 39.6 7 30.9 6 Loans and other accounts 2.8 0 3.8 1 receivable Total non-current investments 511.1 89 445.7 89 Trading assets 7.2 1 10.7 2 Cash at banks 58.8 10 45.3 9 Total investments 577.1 100 501.7 100 31.12.2007 31.12.2006 Shares Total shares issued 4 773 321 4 773 321 Shares held by the Company 84 828 48 534 THE COMPANY AND ITS ENVIRONMENT The Company and its environment / 7 | The Company | BIP Investment Partners SA (BIP) is an investment company founded in April 2000 under the name BGL Investment Partners at the joint initiative of Banque Générale du Luxembourg (BGl), now Fortis Banque Luxembourg, and a group of private investors in Luxembourg. -
Commission De Surveillance Du Secteur Financier
COMMISSION ANNUAL DE SURVEILLANCE REPORT DU SECTEUR 2009 FINANCIER Commission de Surveillance du Secteur Financier 110, route d’Arlon L - 2991 LUXEMBOURG Tel.: (+352) 26 251-1 Fax: (+352) 26 251-601 E-mail: [email protected] Website: http://www.cssf.lu Cut-off date: 1 March 2010. The reproduction of the annual report is authorised, provided the source is acknowledged. Design: metaph Printed by: Imprimerie Centrale PREFACE After the shock of the financial crisis in autumn 2008 which affected the Luxembourg financial centre, 2009 started in an atmosphere of suspense. Ultimately, that year finished with results which seem, at first glance, to suggest a return to a normal situation. The depositors’ and investors’ trust gradually returned and the actors of the financial sector started to spread again their activities. The financial markets in particular were revived, which generally allowed the different types of undertakings for collective investment, including specialised funds, SICARs, pension funds and securitisation vehicles to rake in new money and to observe a growth of their investment. However, the profits which the banks registered again give a deceptive image of good health which cannot sustain when carrying out a more in-depth analysis. The profits mainly result from unusually high interest rate margins at the beginning of the year, from a slight decrease in operating costs and from the purely accounting effect registered following the partial offset of capital loss which had been incurred during the peak of the crisis. Thus, if the 2009 results justify in themselves a certain feeling of relief given the prevailing fears at the beginning of the year, they still do not offer a solid basis for a sustainable growth in 2010 and after. -
Vanguard Total International Stock Index Fund Annual Report October
Annual Report | October 31, 2020 Vanguard Total International Stock Index Fund See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports. Important information about access to shareholder reports Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report. If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com. You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard. -
Chapter X Supervision of Securities Markets Supervision of Securities Markets
CHAPTER X SUPERVISION OF SECURITIES MARKETS SUPERVISION OF SECURITIES MARKETS 1. Approval of prospectuses for securities relating to offers to the public or admissions to trading on a regulated market 2. Takeover bids 3. Mandatory squeeze-out and sell-out of securities 4. Supervision of issuers of securities of which the CSSF is the competent authority 5. Enforcement of financial information 6. Supervision of markets and market operators 7. Investigations and cooperation SUPERVISION OF SECURITIES MARKETS 1. APPROVAL OF PROSPECTUSES FOR SECURITIES RELATING TO OFFERS TO THE PUBLIC OR ADMISSIONS TO TRADING ON A REGULATED MARKET 1.1. Application of the Prospectus Law Unlike in 2012, there were no great changes in the regulation applicable to prospectuses for securities in 2013. Indeed, only the Commission Delegated Regulation (EU) No 759/2013 of 30 April 2013 amending Regulation (EC) No 809/2004 as regards the disclosure requirements for convertible and exchangeable debt securities was published. Following the entry into force of the law of 3 July 2012 transposing Directive 2010/73/EU and amending the law of 10 July 2005 on prospectuses for securities (Prospectus Law), some issuers have benefited from a grandfathering clause in relation to the adaptation of the update of their base prospectus to the new regulation until the end of June 2013. A lot of these issuers did not wait until the end date of June 2013 to submit their first base prospectus under the new regulation but had already submitted their draft base prospectus in March 2013 so as to avoid being under pressure if an unexpected event occurs due to the changes to be made pursuant to the new regulation. -
Annual Report 2006 Our Vision Is to Remove the Boundaries of Connectivity
Your Satellite Connection to the World Annual Report 2006 Our vision is to remove the boundaries of connectivity Contents 02 SES in brief 44 Financial review by management 04 Chairman’s statement 06 President and CEO’s statement 49 Consolidated financial statements 08 Recent developments 49 Report of the independent auditor 50 Consolidated income statement 10 Operations review 51 Consolidated balance sheet 10 Market review 52 Consolidated statement of cash flow 12 Positioning for growth 53 Consolidated statement of changes in 13 Satellite infrastructure business shareholders’ equity 13 EMEA 54 Notes to the consolidated financial statements 16 Americas 18 Other regions 88 SES S.A. annual accounts 23 Satellite services business 88 Report of the independent auditor 23 EMEA 89 Balance sheet 26 Americas and other regions 90 Profit and loss account 90 Statement of changes in shareholders’ equity 29 Corporate governance 91 Notes to the SES S.A. accounts 29 SES shareholders 30 Chairman’s report on corporate governance 100 Other information 30 The Annual General Meeting of shareholders 100 Shareholder information 31 The Board of Directors and its Committees 100 Companies of the Group 32 The Members of the Board of Directors 34 Committees of the Board of Directors 35 The Executive Committee 35 Remuneration 36 The Members of the Executive Committee 37 External auditor 38 Internal control procedures 39 Human Resources 40 Investor Relations 40 Our corporate social responsibility policy Designed and produced by: greymatter williams and phoa Printed -
ARCELORMITTAL (Exact Name of Registrant As Specified in Its Charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ⌧ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2010 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 333-146371 ARCELORMITTAL (Exact name of Registrant as specified in its charter) ARCELORMITTAL (Translation of Registrant’s name into English) Grand Duchy of Luxembourg (Jurisdiction of incorporation or organization) 19, Avenue de la Liberté, L-2930 Luxembourg, Grand Duchy of Luxembourg (Address of Registrant’s principal executive offices) Henk Scheffer, Company Secretary, 19, Avenue de la Liberté, L-2930 Luxembourg, Grand Duchy of Luxembourg. Fax: 011 352 4792 89 3937 (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) 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 Common Shares New York Stock Exchange Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is reporting obligation pursuant to Section 15(d) of the Act: None Indicate the number of outstanding shares of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report: Common Shares 1,560,914,610 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.