APC 2004 Annual Report Download - page 20

Download and view the complete annual report

Please find page 20 of the 2004 APC annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 148

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148

18
3
Ownership structure
Dec. 31, 2004 Dec. 31, 2003 Dec. 31, 2002
Interest Number Voting Number Interest Voting Interest Voting
% of shares rights of voting % rights % rights
% rights % %
Caisse des Dépôts 4.45 10,062,852 5.39 13,237,852 4.34 5.23 3.99 5.21
Employees 3.76 8,501,683 6.22 15,277,269 3.62 6.00 3.11 5.85
Treasury stock (1) 0.95 2,150,352 ––0.93 0.89
Intragroup cross
shareholdings 2.25 5,083,516 ––2.90 6.73
Public 88.59 200,395,774 88.39 217,108,334 88.21 88.77 85.28 88.94
Total 100.00 226,194,177 100.00 245,623,455 100.00 100.00 100.00 100.00
(1) Via Cofibel / Cofimines.
Ownership structure at December 31, 2004
Caisse des Dépôts et Consignations 4.45%
Employees 3.76%
Treasury stock -
Intragroup cross shareholdings 3.20%
Public 88.59%
As of December 31, 2004, Schneider Electric had
approximately 205,500 shareholders (TPI estimate).
A total of 26,672,146 shares benefited from double
voting rights.
Disclosure thresholds
To the best of the Company's knowledge, no share-
holders other than Caisse des Dépôts, listed above,
hold, either directly or indirectly, more than 5% of
Schneider Electric's capital or voting rights.
During the year, Caisse des Dépôts' voting rights rose
above and fell below the 5% threshold.
Pledges on Schneider Electric shares
T
o the best of the Company's knowledge, shares
pledged by shareholders represent 0.06% of the
issued capital.
Pledges on subsidiaries' shares
Schneider Electric has not pledged any shares in sig-
nificant subsidiaries.