APC 2005 Annual Report Download - page 93

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91
Consolidated Financial Statements
Note 14 - Equity
14.1 - Capital
Share capital
The Company’s share capital at December 31, 2005 amounted to 1,812,953,816, represented by 226,619,227
shares with a par value of 8 euros, all fully paid up.
As of the Annual Shareholders’ Meeting of May 12, 2005, a total of 242,626,977 voting rights were attached to
the 226,199,677 shares outstanding (information published in the "BALO" legal gazette dated May 25, 2005).
Changes in share capital
The following table shows changes in Schneider Electric SA’s share capital and share premium account since
December 31, 2004 through the exercise of stock options :
Number of shares cumulated Amount of capital
(in )
Capital at Dec. 31, 2003 231,842,170 1,854,737,360
Cancellation of shares (7,000,000) (56,000,000)
Worldwide employee stock purchase plan 705,847 5,646,776
Exercise of stock options 646,160 5,169,280
Capital at Dec. 31, 2004 226,194,177 1,809,553,416
Exercise of stock options 425,050 3,400,400
Capital at Dec. 31, 2005 226,619,227 1,812,953,816
14.2 - Ownership structure
Dec. 31, 2005 Dec. 31, 2004 Dec. 31, 2003
Capital Number of Voting Number of Capital Voting Capital Voting
% shares rights voting % rights % rights
% rights % %
C
aisse des Dépots
4.44 10,062,852 5.48 13,237,852 4.45 5.39 4.34 5.23
Employees 3.35 7,586,325 5.82 14,045,608 3.76 6.22 3.62 6.00
Intragroup cross
shareholdings (1) 0.95 2,150,352 - - 0.95 - 0.93 -
Treasury stock 2.61 5,919,759 - - 2.25 - 2.90 -
Public 88.65 200,899,939 88.70 214,215,319 88.59 88.39 88.21 88.77
Total 100.00 226,619,227 100.00 241,498,779 100.00 100.00 100.00 100.00
(1) Held through Cofibel/Cofimines.
No shareholders’ agreements were in force as of December 31, 2005.
14.3 - Earnings per share
Determination of the number of shares used in calculation
(in millions of shares)
Dec. 31, 2005 Dec. 31, 2004
Basic Diluted Basic Diluted
Common shares* 218.206 218.206 220.923 220.923
Stock options - 0.708 - 0.334
Average weighted number of shares 218.206 218.914 220.923 221.257
* Net of treasury stock and intragroup cross shareholdings.