Newsletter April 2010 Note from the Winemaker
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Great Australian Bight BP Oil Drilling Project
Submission to Senate Inquiry: Great Australian Bight BP Oil Drilling Project: Potential Impacts on Matters of National Environmental Significance within Modelled Oil Spill Impact Areas (Summer and Winter 2A Model Scenarios) Prepared by Dr David Ellis (BSc Hons PhD; Ecologist, Environmental Consultant and Founder at Stepping Stones Ecological Services) March 27, 2016 Table of Contents Table of Contents ..................................................................................................... 2 Executive Summary ................................................................................................ 4 Summer Oil Spill Scenario Key Findings ................................................................. 5 Winter Oil Spill Scenario Key Findings ................................................................... 7 Threatened Species Conservation Status Summary ........................................... 8 International Migratory Bird Agreements ............................................................. 8 Introduction ............................................................................................................ 11 Methods .................................................................................................................... 12 Protected Matters Search Tool Database Search and Criteria for Oil-Spill Model Selection ............................................................................................................. 12 Criteria for Inclusion/Exclusion of Threatened, Migratory and Marine -
Consolidated Statements
CONSOLIDATED STATEMENTS 63 C ONSOLIDATED H IGHLIGHTS millions of euros 2000 2001 2002 2003 2004 Net sales 11,867 12,567 13,168 12,466 13,201 Operating income* 1,967 1,548 2,034 2,213 2,461 Income before taxation* 1,652 597 1,264 1,622 2,098 Income from continuing operations Group share before amortization of goodwill 320 75 287 428 582 Net income – Group share 251 (95) 178 303 464 * Adjusted retroactively to reflect reclassifications. euros Income from continuing operations per share before amortization of goodwill 1.77 0.41 1.58 2.36 3.20 * Adjusted following the 1 for 4 split on July 3, 2000. millions of euros Total balance sheet 28,435 29,228 26,802 25,802 25,873 Shareholders’ equity 3,972 3,788 3,793 3,774 4,003 Cash flow 1,140 884 1,528 1,961 2,162 * Adjusted retroactively to reflect reclassifications. 65 C ONSOLIDATED B ALANCE S HEET AT D ECEMBER 31, 2004 (millions of euros) ASSETS Notes 2004 2003 2002 Fixed assets Brands and other intangible assets 3 9,030 9,223 9,368 Depreciation and amortization (406) (518) (362) 8,624 8,705 9,006 Goodwill 4 4,766 4,691 4,628 Amortization (1,751) (1,496) (1,224) 3,015 3,195 3,404 Tangible assets 5 6,978 6,653 6,855 Amortization (2,875) (2,678) (2,614) 4,103 3,975 4,241 Long-term financial assets Equity interests 6 117 52 71 Other long-term securities 7 878 1,252 1,233 Other financial fixed assets 416 357 522 1,411 1,661 1,826 Total fixed assets 17,153 17,536 18,477 Current assets Inventories and work in progress 8-26 3,630 3,517 3,522 Trade receivables and related accounts 9 1,367 1,423 1,373 -
TRANSLATION of the FRENCH “RAPPORT ANNUEL” AS of APRIL 30, 2013 Combined Shareholders’ Meeting October 18, 2013
TRANSLATION OF THE FRENCH “RAPPORT ANNUEL” AS OF APRIL 30, 2013 Combined Shareholders’ Meeting October 18, 2013 This document is a free translation into English of the original French “Rapport annuel”, hereafter referred to as the “Annual Report”. It is not a binding document. In the event of a conflict in interpretation, reference should be made to the French version, which is the authentic text. Chairman’s message 2 Parent company financial statements 183 Executive and Supervisory Bodies - Statutory Auditors 1. Balance sheet 184 as of April 30, 2013 4 2. Income statement 186 Simplified organizational chart of the Group 3. Cash flow statement 187 as of April 30, 2013 5 4. Notes to the parent company financial statements 188 Financial highlights 6 5. Subsidiaries and equity investments 196 6. Portfolio of subsidiaries and equity investments, Management report of the Board of Directors 7 other long-term and short-term investments 197 CHRISTIAN DIOR GROUP 7. Company results over the last five fiscal years 198 8. Statutory Auditors’ reports 199 1. Consolidated results 8 2. Results by business group 11 Resolutions for the approval of the Combined 3. Business risk factors and insurance policy 19 Shareholders’ Meeting of October 18, 2013 203 4. Financial policy 25 5. Stock option and bonus share plans 28 Ordinary resolutions 204 6. Exceptional events and litigation 29 Extraordinary resolution 206 7. Subsequent events 30 Statutory Auditors’ report on the proposed 8. Recent developments and prospects 30 decrease in share capital 207 CHRISTIAN DIOR PARENT COMPANY Other information 209 1. Results of Christian Dior 32 GOVERNANCE 2. -
Wvb Dossier Report Lvmh Moet Hennessy - Louis Vuitton Se
WVB DOSSIER REPORT LVMH MOET HENNESSY - LOUIS VUITTON SE LVMH MOET HENNESSY - LOUIS VUITTON SE Generated On 22 Dec 2020 COMPANY PROFILE BUSINESS SALES BREAKDOWN WVB Number FRA000090103 Date 31-DEC-18 31-DEC-19 ISIN Number ARDEUT111929, FR0000121014, US5024412075 Currency EUR ('000) EUR ('000) Status ACTIVE [ PUBLIC ] FASHION AND LEATHER GOODS 18,455,000 22,237,000 SELECTIVE DISTRIBUTION 13,646,000 14,791,000 Country of Incorporation FRENCH REPUBLIC (FRANCE) PERFUMS AND COSMETICS 6,092,000 6,835,000 Industry Classification WINE,BRANDY & BRANDY SPIRITS (2084) WINE & SPIRITS 5,143,000 5,576,000 Address 22 AVENUE MONTAIGNE, PARIS, PARIS WATCHES & JEWELRY 4,123,000 4,405,000 Tel +33 144132222 OTHER AND HOLDINGS 714,000 1,214,000 Fax +33 144132223 ELIMINATIONS -1,347,000 -1,388,000 Website www.lvmh.fr Principal Activities The Company is a France-based luxury goods company. It owns a portfolio of luxury brands and GEOGRAPHIC SALES BREAKDOWN its business activities are divided into five segments: Wines and Spirits, Fashion and Leather Date 31-DEC-18 31-DEC-19 Goods, Perfumes and Cosmetics, Watches and Jewelry and Selective Retailing. Currency EUR ('000) EUR ('000) ASIE (HORS JAPON) 13,723,000 16,189,000 DIRECTORS/EXECUTIVES ÉTATS-UNIS 11,207,000 12,613,000 EUROPE (HORS FRANCE) 8,731,000 10,203,000 Chairman YVES-THIBAULT DE SILGUY AUTRES PAYS 5,323,000 6,062,000 Chairman BERNARD ARNAULT FRANCE 4,491,000 4,725,000 Chief Executive Officer BERNARD ARNAULT JAPON 3,351,000 3,878,000 Chief Financial Officer JEAN-JACQUES GUIONY Secretary MARC ANTOINE -
Moët Hennessy-Louis Vuitton
UNIVERSIDAD DE ALICANTE FACULTAD DE CIENCIAS ECONÓMICAS Y EMPRESARIALES GRADO EN ADMINISTRACIÓN Y DIRECCIÓN DE EMPRESAS CURSO ACADÉMICO 2017-2018 DISCRIMINACIÓN DE PRECIOS EN LVMH - Moët Hennessy-Louis Vuitton IRENE SERRANO CORTES Dpto. Fundamentos del análisis económico TEÓFILO SOGORB Alicante, Mayo de 2018 1 Resumen En este trabajo se lleva a cabo un estudio de la práctica microeconómica de discriminación de precios y los beneficios derivados de su aplicación a través del análisis en la multinacional Louis Viutton Moet Hesseny. Para ello en primer lugar se explica de manera teórica la discriminación de precios, los requisitos que han de cumplirse para que pueda llevarse a cabo determinada práctica, así como los diferentes grados de discriminación existentes y los diferentes tipos de mercado, señalando en cual de ellos tiene sentido su aplicación. Una vez expresados los modelos teóricos se comprueba su aplicación práctica en la empresa LVMH, alegando su pertenencia a un mercado de competencia monopolística y comprobando el cumplimiento de los requisitos explicados previamente. Con el objetivo de probar la utilización de la práctica discriminatoria de precios y los efectos positivos derivados de ella sobre el beneficio global de la organización, se toman como ejemplo dos de los productos comercializados por esta multinacional. Finalmente se concluye con la afirmación de que la teoría microeconómica coincide con la realidad de la empresa LVMH, que aplica de manera correcta y beneficiosa la práctica de discriminación de precios, quedando probada su efectividad práctica. Palabras clave: Discriminación de precios, Microeconomía, Oligopolio, Competencia Imperfecta, Discriminación de segundo grado, Segmentación, Mercado de lujo 2 Abstract In this paper, a study of the microeconomic practice of price discrimination and the benefits derived from its application through the analysis in the multinational Louis Viutton Moet Hesseny is developed. -
Mise En Page 1
31 DÉCEMBRE 2016 ÉTATS FINANCIERS COMPTES CONSOLIDÉS ÉTATS FINANCIERS Comptes consolidés COMPTE DE RÉSULTAT CONSOLIDÉ 2 ÉTAT GLOBAL DES GAINS ET PERTES CONSOLIDÉS 3 BILAN CONSOLIDÉ 4 TABLEAU DE VARIATION DES CAPITAUX PROPRES CONSOLIDÉS 5 TABLEAU DE VARIATION DE LA TRÉSORERIE CONSOLIDÉE 6 ANNEXE AUX COMPTES CONSOLIDÉS 7 PRINCIPALES SOCIÉTÉS CONSOLIDÉES 64 RAPPORT DES COMMISSAIRES AUX COMPTES SUR LES COMPTES CONSOLIDÉS 70 1 ÉTATS FINANCIERS Comptes consolidés COMPTE DE RÉSULTAT CONSOLIDÉ (en millions d’euros, sauf résultats par action) Notes 2016 2015 2014 Ventes 23-24 37 600 35 664 30 638 Coût des ventes (13 039) (12 553) (10 801) Marge brute 24 561 23 111 19 837 Charges commerciales (14 607) (13 830) (11 744) Charges administratives (2 931) (2 663) (2 373) Part dans les résultats des sociétés mises en équivalence 7 3 (13) (5) Résultat opérationnel courant 23-24 7 026 6 605 5 715 Autres produits et charges opérationnels 25 (122) (221) (284) Résultat opérationnel 6 904 6 384 5 431 Coût de la dette financière nette (83) (78) (115) Autres produits et charges financiers (349) (336) 3 062 Résultat financier 26 (432) (414) 2 947 Impôts sur les bénéfices 27 (2 109) (1 969) (2 273) Résultat net avant part des minoritaires 4 363 4 001 6 105 Part des minoritaires 17 (382) (428) (457) Résultat net, part du Groupe 3 981 3 573 5 648 Résultat net, part du Groupe par action (en euros) 28 7,92 7,11 11,27 Nombre d’actions retenu pour le calcul 502 911 125 502 395 491 501 309 369 Résultat net, part du Groupe par action après dilution (en euros) 28 7,89 -
Research Plan for the Western Ground Parrot, Western Widpbird and Western Bristlebird
RESEARCH PLAN FOR THE WESTERN GROUND PARROT, WESTERN WIDPBIRD AND WESTERN BRISTLEBIRD by Peter G. Cale1 and Allan H. Burbidge2 1 260 Selby Street, Floreat Park WA 6014 2 Department of Conservation and Land Management Western Australian Wildlife Research Centre PO Box 51 Wanneroo WA 6065 Western Whipbird Psophodes nigrogularis nigrogularis Report to Australian National Parks and Wildlife Service ANPWS Endangered Species Program Project No. 228 March 1993 Copyright of this document vests jointly in the Chief Executive Officer, Australian National Parks and Wildlife Service, and the Executive Director, Western Australian Department of Conservation and Land Management. The views expressed herein are those of the authors, and not necessarily those of the Australian National Parks and Wildlife Service or of the Department of Conservation and Land Management. l I 2 TABLE OF CONTENTS FORWARD SUMMARY WESTERN GROUND PARROT 1. Introduction 1.1 Taxonomy and Status 1. 2 Distribution and Abundance Historical Current 1. 3 Breeding Biology 1. 4 Dispersal 1.5 Habitat 1.6 Diet 1. 7 Potential Causes of Decline Response to Fire Predation Influence of Dieback Disease (Phytophthora) 1. 8 Existing Conservation Measures 1. 9 Research/Management 2. Research Objective and Criteria 2.1 Objective 2.2 Criteria 3. Research Actions 3. 1 Population Survey 3 .1.1 Determination of Sub-population Boundaries 3 .1. 2 Determination of Relative Density for Sub-populations 3. 2 Interim Recovery Plan 3. 3 Response to Fire 3.3.1 Monitor Changes in Relative Density with Changing Post-fire Age 3. 4 Predation by Introduced Predators 3.5 Micro-habitat Requirements and Population Dynamics 3. -
Inventory/Order Form
Inventory/Order Form 8/7/2003 Ernies On Hand Order Category / Description Size UNCATEGORIZED Bt Bt ALEXI Vodka Restaurant Reserve 1 L -------------------------------------------------------------------------------------------- Blended Whiskey Bt Bt SEAGRAM BLEND SEVEN CROWN 80@ 1L -------------------------------------------------------------------------------------------- Straight Whiskey Bt Bt BARCLAYS WHISKEY 4 YR. 80@ 1 -------------------------------------------------------------------------------------------- Bt Bt JIM BEAM BOURBON 80@ 1L -------------------------------------------------------------------------------------------- Bt Bt WILD TURKEY 80@ 1L -------------------------------------------------------------------------------------------- Bt Bt WILD TURKEY WHISKEY KENTUCKY SPIRIT 101@ 750 -------------------------------------------------------------------------------------------- Small Batch Bourbon Bt Bt BLANTON SINGLE BARREL BOURBON 93@ 750M -------------------------------------------------------------------------------------------- SMALL BATCH BOURBON Bt Bt BASIL HAYDENS BOURBON 8 YR. 80@ 750M -------------------------------------------------------------------------------------------- Bt Bt KNOB CREEK BOURBON 9 YR. 100@ 750M -------------------------------------------------------------------------------------------- Bt Bt MAKERS MARK BOURBON KENTUCKY STRAIGHT 90@ 1L -------------------------------------------------------------------------------------------- Sour Mash Bt Bt JACK DANIELS WHISKEY SOUR MASH OLD NO. 7 BLACK -
THE WINE LIST = Rating of 90 Or Above
= VIP = Available in Fine Wine & Good Spirits Store THE WINE LIST = Rating of 90 or above ARGENTINA AUSTRALIA Errazuriz Errazuriz Don Maximiano Founder’s Reserve Archaval-Ferrer d’Arenberg Red Blend 2013 Achaval-Ferrer Finca Mirador Malbec 2013 d’Arenberg The Coppermine Road Cabernet Errazuriz MAX Pinot Noir Chile Reserva 2014 Sauvignon 2013 Achaval-Ferrer Finca Quimera Red Blend 2013 Errazuriz MAX Chardonnay Aconcagua Costa d’Arenberg Stephanie the Gnome With Rose Reserva 2015 Achaval-Ferrer Finca Bella Vista Malbec 2013 Tinted Glasses 2016 Errazuriz Kai Carménère 2013 Achaval-Ferrer Finca Altamira Malbec 2013 d’Arenberg The Ironstone Pressings GSM 2013 d’ Arenberg The Dead Arm Shiraz 2011 Bodega Catena Los Vascos by Domaines Barons de Bodega Catena White Bones Chardonnay Rothschild (Lafite) Adrianna Vineyard 2013 Torbreck Domaines Barons de Rothschild Bodegas Caro Mendoza 2014 Bodega Catena Alta Cabernet Sauvignon 2013 Torbreck Runrig Shiraz 2007 Los Vascos Classic Rosé 2016 Bodega Catena Alta Malbec 2013 Caro Aruma Malbec 2016 Bodega Catena Zapata Nicasia Malbec 2012 Two Hands Los Vascos Le Dix Cabernet Sauvignon 2013 Two Hands Coach House Block Shiraz 2014 Trivento Two Hands Bella’s Garden 2014 Trivento Golden Reserve Cabernet 2013 Vina Santa Rita Two Hands Sexy Beast Cabernet Sauvignon Trivento Golden Reserve Malbec 2014 2015 Santa Rita Triple C Red Blend 2013 Two Hands Ares Shiraz 2012 Santa Rita Pehuén Carménère 2011 Vinedos Emiliana Santa Rita Medalla Real Chardonnay 2015 Emiliana Coyam Red Blend 2013 Yalumba Santa Rita Casa Real -
Full Annual Report 2003
03Couv•GB 6/05/04 12:35 Page 1 PASSIONATE ABOUT CREATIVITY ANNUAL REPORT 2003 ANNUAL REPORT 2003 ANNUAL 03Couv•GB 6/05/04 12:35 Page 2 286 10 12 14 16 30 For information, 40 50 60 contact LVMH, 22, avenue Montaigne - 75008 Paris - France Telephone 33 1 44 13 22 22 - Fax 33 1 44 13 21 19 www.lvmh.com Photographs: Guy Marineau, Massimo Sestini/Gentleman, Stéphane Muratet, Taxi/Walter Bibikow, Philippe Stroppa/Studio Pons, 68 Laurent Brémaud, Gilles de Beauchêne, RMN, Tzu-Chen Chen, Laziz Hamani, Alex Buckingham, Greg Kadel, Olivier Claisse/Gamma, Laurent Brémaud, Karl Lagerfeld, Tyen, Carole Bellaïche, Etienne Tordoir, De Visu - Reims, Jean-Philippe Caulliez, Mario Palmieri, Franck Charel, D.R., Photo archives LVMH and Group Companies. Design and production communication 41, rue Camille Pelletan - 92300 Levallois-Perret - France - Tel.: 33 1 49 64 64 64 ISSN : 1292-3737 83 95 LVMH - RA 2003 • GB 4/05/04 14:32 Page 4 A COHERENT UNIVERSE OF MEN AND WOMEN PASSIONATE ABOUT THEIR BUSINESS AND DRIVEN BY THE DESIRE TO INNOVATE AND ACHIEVE. AN UNRIVALLED GROUP OF POWERFULLY EVOCATIVE BRANDS AND GREAT NAMES THAT ARE SYNONYMOUS WITH THE HISTORY OF LUXURY. A NATURAL ALLIANCE BETWEEN ART AND CRAFTSMANSHIP WHERE CREATIVITY, VIRTUOSITY AND QUALITY INTERSECT. A REMARKABLE ECONOMIC SUCCESS STORY WITH NEAR 55,000 EMPLOYEES WORLDWIDE AND GLOBAL LEADERSHIP IN THE MANUFACTURE AND DISTRIBUTION OF LUXURY GOODS. A UNIQUE BLEND OF GLOBAL VISION AND DEDICA- TION TO SERVING THE NEEDS OF EVERY CUSTOMER. THE SUCCESSFUL MARRIAGE OF CULTURES GROUNDED IN TRA- DITION AND ELEGANCE WITH THE MOST ADVANCED MAR- KETING, INDUSTRIAL ORGANIZATION AND MANAGEMENT TECHNIQUES. -
Newsletter May 2009 Note from the Winemaker
“LIFE IS BETTER WITH A GLASS OF GOOD WINE IN YOUR HAND AND A FEW MORE IN THE CELLAR.” NEWSLETTER MAY 2009 NOTE FROM THE WINEMAKER Times are tough. I think everyone must be Two weeks of mild and overcast weather acutely aware of what he or she is spending followed in late March delaying the beginning “I COULD NOT money on and what they consider essential. of the red harvest. As usual we began with For the wine consumer the choice of wines our small quantity of zinfandel and have HELP BUT FEEL available has never been greater, so for a followed with shiraz, merlot and finally winery to excel they must focus on quality and cabernet sauvignon, with the occasional AN EXTREME value while providing a distinctly different sangiovese and petit verdot thrown in to keep and memorable experience every time one things interesting. SENSE OF of their wines is consumed. Here at Cape As I write this it is still early days and crops Mentelle we pride ourselves in doing just that. on reds, although a touch late to ripen and OPTIMISM ABOUT We wondered what the 2009 vintage would a smaller than average yield, look to have bring late last year amongst the thick winter great potential. Cabernet, I think, will be the OUR VINTAGE, swells, strong winds and persistent rains of star of the 2009 vintage and one to look out the South West. We had a very dry October for. I know the team in the winery were keen A PLEASANT and a very wet November, somewhat in to see us harvest the old vine material at the contrast to much of South Eastern Australia, front of the winery and we all look forward REPRIEVE FROM which experienced a very dry winter and to care-taking the wine over the next three spring. -
2015Colourmap PRESS 141222.Pdf
Discovering The Region The Margaret River Region Map & Guide 0 1 2 3 4 5 6 7 8 9 10 11 12 This map is your guide to exploring the Margaret River Region from Busselton through to Augusta. It also covers the towns of Margaret River, Dunsborough, Cowaramup and Prevelly. This map is to be used as a guide only and does not include all roads in the region. CAPE NATURALISTE Whales in Bay September-December Cape Naturaliste Please call businesses ahead to confirm opening times. Whale Lookout A Cape The Quarries OPENING TIMES Naturaliste Bunker Bay Lighthouse The Farm & Bone Yards The majority of attractions in the Margaret River region are normally open 7 days a week, Bunkers Rocky Point 10am to 5pm. Please enquire at a local Visitor Centre, visit www.margaretriver.com or Beach Cafe GEOGRAPHE BAY Vie Spa Eagle Bay Windmills Other Side of phone the operator for exact opening times. the Moon C Eagle Bay Rd EAGLE BAY d a Sugarloaf Rock p Pullman * Winter operating hours may vary Sugarloaf R e N M Leeuwin Resort eelup a B t Bunker Bay u e Naturaliste a Visit www.margaretriver.com or call ch HMAS Swan r B a R Meelup Beach National l Eagle Bay ATTRACTIONS WINERIES Wise d is Brewing Co Park te Wine 34° Degrees South Olive Oil (M7) 3 Oceans Wine Company (I4) Castle Rock (08) 9780 5911 for further information R d • Open daily 9am to 3pm (08) 9757 4045 • Open Wed-Sun & Public Holidays 10am to 4pm (08) 9756 5656 Dunsborough CBD Castle Rock Rd and to book accommodation and tours.