APC 2004 Annual Report Download - page 18

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16
Five-Year Summary of Changes in Capital
Number of shares Total shares New capital
issued or cancelled outstanding
Capital at Dec. 31, 1999 * 161,423,578 1,291,388,624 euros
Cancellation of shares (6,000,000)
Conversion of Square D bonds 152,275
Exercise of stock options 211,790
Capital at Dec. 31, 2000 (1) 155,787,643 1,246,301,144 euros
Shares issued in exchange
for Legrand shares 84,241,055
Conversion of Square D bonds 3,026
Exercise of stock options 228,305
Capital at Dec. 31, 2001 (2) 240,260,029 1,922,080,232 euros
Conversion of Square D bonds 179,511
Exercise of stock options 373,365
Capital at Dec. 31, 2002 (3) 240,812,905 1,926,503,240 euros
Cancellation of shares (12,000,000)
Exercise of stock options 1,958,180
Shares issued to the ESPP
(2003 worldwide plan) 1,071,085
Capital at Dec. 31, 2003 (4) 231,842,170 1,854,737,360 euros
Cancellation of shares (7,000,000)
Exercise of stock options 646,160
Shares issued to the ESPP
(2004 worldwide plan) 705,847
Capital at Dec. 31, 2004 (5) 226,194,177 1,809,553,416 euros
* The Company's capital stock was converted into euros on January 14, 2000.
The FF 399.8 million difference arising on conversion was charged against additional paid-in capital.
(1)
45.09 million decrease in capital stock,
284.87 million decrease in additional paid-in-capital.
(2)
675.80 million increase in capital stock,
4,358.70 million increase in additional paid-in-capital.
(3)
4.42 million increase in capital stock,
15.00 million increase in additional paid-in-capital.
(4)
71.77 million decrease in capital stock,
316.61 million decrease in additional paid-in-capital.
(5)
45.18 million decrease in capital stock,
240.90 million decrease in additional paid-in-capital.
Changes in capital stock
The following table shows changes in Schneider
Electric SA's capital stock and additional paid-in cap-
ital over the past five years, through the exercise of
stock options, the conversion of bonds, the issuance
of shares to the Employee Stock Purchase Plan, the
May 5, 2000, March 5, 2003 and December 9, 2004
cancellation of shares and the tender in August 2001
of 98.1% of outstanding Legrand shares to the public
exchange offer initiated by Schneider Electric SA.