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7. Five-year financial summary
Company financial statements at December 31, 2006
2002 2003 2004 2005 2006
Capital and potential capital
at December 31
Capital stock
(in thousands of euros)
1,926,503 1,854,737 1,809,553 1,812,954 1,821,587
Shares in issue 240,812,905 231,842,170 226,194,177 226,619,227 227,698,348
Convertible bonds in issue
(in thousands)
-----
Maximum number of shares
to be created
(in thousands):
- Through conversion of bonds -----
- Through exercise of rights 5,744 5,707 7,140 10,126 10,174
Results of operations
(in thousands of euros)
Sales net of VAT 1,980 1,896 1,208 2,868 1,735
Investment revenue, interest income
and other revenue 676,938 640,884 627,389 507,001 812,373
Income before tax, depreciation,
amortization and provisions 156,103 395,143 547,381 411,950 683,335
Income tax - 5,835 4,156 278 4,304
Net income 221,139 474,732 558,768 450,793 887,825
Dividends paid (1) excluding
précompte
equalization tax and tax credit 228,813 (2) 255,026 407,150 (3) 509,893 683,095(4)
Per share data
(in euros)
Net income before depreciation,
amortization and provisions 1.30 1.79 2.51 2.12 3.92
Earnings per share 0.92 2.05 2.47 1.99 3.90
Dividend per share, net of tax credit 1.00 1.10 1.80 2.25 3.00 (4)
Employees
Average number of employees
during the year 33332
Total payroll for the year
(in thousands of euros)
3,823 2,213 2,443 4,446 3,648
Total employee benefits paid over the year
(payroll taxes, other benefits)
(in thousands of euros)
668 416 534 690 1,194
(1) Dividends on shares held in treasury on the dividend payment date and the associated précompte tax are credited to retained earnings.
(2) After cancellation of 12 million shares.
(3) In conjunction with the elimination of the avoir fiscal tax credit and précompte equalization tax, an exceptional 25% exit tax was due on
dividends paid out in 2005.The exit tax gave rise to a tax credit in the same amount that is utilizable or refundable in three equal installments over
the three years following the payment.
(4) Pending approval by shareholders at the Annual Meeting of April 26, 2007.
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