CONSOLIDATED ANNUAL ACCOUNTS IN THOUSAND EURO · Avenue du Haut Commandement 300, Gombe, Kinshasa,...

COMPLETE LIST WITH name, first name, profession, residence-address (address, number, postal code, municipality) and position

with the enterprise, OF DIRECTORS, MANAGERS AND AUDITORS

NAME OF THE CONSOLIDATING ENTERPRISE OR THE CONSORTIUM

Legal form:

Address: Nr.:

Postal Code: City:

Country: Belgium

Register of Legal Persons (RLP) - Office of the commercial court at:

Internet address

Company number: 0415.894.032

CONSOLIDATED ANNUAL ACCOUNTS presented to the General Meeting of 30/06/2014

concerning the financial year covering the period from 1/01/2013 31/12/2013till

Previous period from till

The amounts of the previous financial year

SMT Group

Avenue Fleming

1300 Wavre

4

(1)

Nr. CONSO 1Date of the deposition No. PP. B. D.

47 9 EUR

CONSOLIDATED ANNUAL ACCOUNTS IN THOUSAND EURO

0415.894.032

are / are not ** identical to those which have been previously published.

Nivelles

PLC

(1)(2) :

(3) :

Avenue du Haut Commandement 300, Gombe, Kinshasa, Congo (Dem. Rep.)

Title : Delegated director

de Moerloose Philippe

Mandate : 2/01/2012- 21/05/2018

Clos du Bois des Lapins 3, 1380 Lasne, Belgium

Title : Director

DTK Consulting PLLC 0836.527.406

Mandate : 2/01/2012- 21/05/2018

Represented by:

Delvaux Michaël

Clos du Bois des Lapins 3, 1380 Lasne, Belgium

Enclosed to these consolidated accounts:

Total number of pages deposited:

Signature

(name and position)

Signature

(name and position)

(1) Delete where appropriate.

(2) A consortium shall complete section CONSO 4.4.

Number of the pages of the standard form not deposited for not being

of service:

31

4.2, 4.3, 4.4, 4.8.1, 4.8.3, 4.8.4, 4.9.5, 4.10.1, 4.16, 4.18, 5

REPORT OF THE COMMISSIONERS

(3) Optional statement.

REGARDING THE CONSOLIDATED ACCOUNTS OF A FOREIGN COMPANY:

Name of the Belgian subsidiary which filed the consolidated accounts (Article 113, § 2, 4°a of Company Law)

Nr. 0415.894.032 CONSO 1

LIST OF DIRECTORS, MANAGERS AND AUDITORS (continuation of the previous page)

AUDITOR(S)

Woluwedal 18, 1932 Sint-Stevens-Woluwe, Belgium

PwC Réviseurs d'Entreprises SCCRL 0429.501.944

Mandate : 22/11/2013- 16/05/2016

B00009Number of membership:

Represented by:

Van Bavel Alexis

Woluwedal 18, 1932 Sint-Stevens-Woluwe, Belgium

A01874Number of membership:

2/31

Nr. 0415.894.032 CONSO 2.1

CONSOLIDATED BALANCE SHEET AFTER APPROPRIATION (1)

Codes Period Previous period

ASSETS

Tangible fixed assets

FIXED ASSETS

Intangible fixed assets

Formation expenses

Land and buildings

Plant, machinery and equipment

Furniture and vehicles

Leasing and other similar rights

Other tangible fixed assets

Assets under construction and advance payments

Financial fixed assets 4.1-4

Companies accounted for using the equity method

Participating interests

Amounts receivable

Other enterprises

Participating interests and shares

Amounts receivable

CURRENT ASSETS

Amounts receivable after more than one year

Trade debtors

Other amounts receivable

Stocks and contracts in progress

Stocks

4.8

4.7

4.9

4.10

......................................................................

......................................................................

......................................................................

......................................................................

...................................................................

...................................................................

...................................................................

............................................................................

37

12.885

9.795

838

1.812

100

42.571

23

340

290

290

290

75.466

19

46.267

46.267

20/28

20

21

22/27

22

23

24

25

26

28

27

9921

99211

99212

284/8

284

285/8

29/58

29

290

291

3

30/36

Notes

...........................................................

................................................

..............................................................

.

consolidation differences 4.12......................................................................Positive

......................................................................

......................................................................

......................................................................

......................................................................

......................................................................

......................................................................

......................................................................

......................................................................

....................................................................................(2)

.......................................

..............................................................

..................

...........

...........

...........

..........

29.3369920

4.10

Deferred taxation 19292......................................................................

Raw materials and consumables

Work in progress

Finished goods

Goods purchased for resale

Immovable property intended for sale

Advance payments

46.267

30/31

32

33

34

35

36

......................................................................

......................................................................

......................................................................

......................................................................

......................................................................

......................................................................

Contracts in progress

Amounts receivable within one year

Trade debtors

Other investments and deposits

Current investments

Own shares

Other investments and deposits

Cash at bank and in hand

Deferred charges and accrued income

TOTAL ASSETS

...................................................................

...................................................................

...................................................................

...................................................................

...................................................................

24.549

22.651

1.898

4.089

542

118.037

37

40/41

40

41

50/53

50

51/53

54/58

490/1

20/58

......................................................................

......................................................................

......................................................................

......................................................................

......................................................................

(1) Article 124 of the Royal Decree of January, 30 2001 in implementation of Company Law.(Article 158, § 1, subsection 2 of the above-mentioned Royal Decree).(2) Items regarding stocks can be aggregated

3/31

Nr. 0415.894.032 CONSO 2.2

Codes Period Previous periodEQUITY AND LIABILITIES

Consolidated reserves

EQUITY

Share premium account

Capital

Issued capital

Uncalled capital

consolidation differences

Major repairs and maintenance

Pensions and similar obligations

Taxation

Deferred tax and latent taxation liabilities

Other liabilities and charges

AMOUNTS PAYABLE

Amounts payable after more than one year

Financial debts

Subordinated loans

Unsubordinated debentures

Leasing and other similar obligations

Credit institutions

Other loans

Trade debts

Suppliers

Advances received on contracts in progress

Current portion of amounts payable after more than one

year falling due within one year

Taxes

Other amounts payable

Deferred charges and accrued income

TOTAL LIABILITIES

4.11

....................................................................................

..............................................................................................

......................................................................

..........................................

......................................

...................................................................

Investment grants

Minority interests

......................................................................

....................................................................

PROVISIONS, DEFERRED TAXES AND LATENT TAXATION

..............................................................................

Provisions for liabilities and charges..............................................................................................

....................................................................................

Bills of exchange payable

Remuneration and social security

4.13

4.6


Amounts payable within one year................................................................................

Financial debts

Credit institutions

Other loans

Trade debts

Suppliers


Advances received on contracts in progress

Taxes, remuneration and social security

33.133

33.133

15

10/15

10

100

101

11

12

9910

9911

15

9913

16

160/5

160

161

162

163/5

Revaluation surpluses......................................................................

168

17/49

17

170/4

170

171

172

173

174

175

1750

1751

176

178/9

42/48

42

43

430/8

439

44

440/4

441

46

45

....................................................................

...................................................................

450/3

454/9

47/48

492/3

10/49

129

129

129

68.906

9.748

9.748

50

9.698

58.628

44

13.544

13.544

33.413

33.413

3.690

1.724

1.166

558

6.213

530

118.037

49.002

2.506

13.580

4.13

Notes

Translation differences (+)/(-) 9912 -232

MINORITY INTERESTS

LIABILITIES

(+)/(-)

.........................................................

..............................................................................

..............................................................................

..............................................................................

..............................................................................

..............................................................................

..............................................................................

..............................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

....................................................................................

4.12

consolidation differences.......................................... 99201

Negative

positiveTo charge

4/31

Nr. 0415.894.032 CONSO 3

CONSOLIDATED INCOME STATEMENT


Operating charges

Operating income

Turnover

Own construction capitalised

Other operating income

Raw materials, consumables

Purchases

Increase (Decrease) in stocks

Services and other goods

Remuneration, social security costs and pensions

Amounts written down stocks, contracts in progress and

trade debtors - Appropriations (write-backs)

Other operating charges

Operation charges carried to assets as restructuring

costs

Operating profit (Operating loss)

4.14

Increase (decrease) in stocks of finished goods, work and

contracts in progress

4.14

Depreciation of and amounts written off formation

expenses, intangible and tangible fixed assets

Provisions for risks and charges - Appropriations

(uses and write-backs)

132.946

128.852

4.094

125.103

100.229

116.572

-16.343

12.831

7.850

1.250

621

65

1.505

7.843

70/74

70

630

62

71

72

74

60/64

60

600/8

609

61

631/4

635/7

640/8

649

9901

Notes(Analysis of operating results by type)

Amounts written down on positive consolidation differences 9960 752

...............................................................................................................................

(+)/(-)

(+)/(-)

(+)/(-)

(+)/(-)

(-)

(+)/(-)

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

5/31

Income from financial fixed assets

Income from current assets

Financial income

Debt charges

Amounts written down on current assets except stocks,

contracts in progress and trade debtors

Other financial charges

Profit (loss) on ordinary activities before taxes

Other financial income

Financial charges

75

750

751

752/9

65

650

651

652/9

9902

Amounts written down on positive consolidation differences 9961

(+)/(-)

(+)/(-)

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

2.047

2.047

2.961

2.783

6.929

178

Nr. 0415.894.032 CONSO 3


Extraordinary income

Write-back of depreciation and of amounts written down

intangible and tangible fixed assets

Other extraordinary income

Extraordinary depreciation of and extraordinary amounts

written off formation expenses, intangible and tangible

fixed assets

Extraordinary charges carried to assets as restructuring

costs

Amounts written down financial fixed assets

Loss on disposal of fixed assets

Other extraordinary charges

Extraordinary charges

Income taxes

Adjustment of income taxes and write-back of tax

provisions

Profit (loss) for the period before taxes

Profit (loss) for the period

......................................................................

Provisions for extraordinary liabilities and charges

Appropriations (uses)

4.14

Transfer from postponed taxes and latent taxation liabilities

Write-back of amounts written down financial fixed assets

Write-back of provisions for extraordinary liabilities and

charges

Gain on disposal of fixed assets

Transfer to postponed taxes and latent taxation liabilities

Income taxes 4.14

Consolidated profit (loss)

76

760

664/8

663

762

763

764/9

66

660

661

662

761

669

9976

780

680

67/77

670/3

77

9904

9975

9903

4.14

Notes

Adjustments to amounts written off consolidation

differences9970

Extraordinary amounts written down on positive

consolidation differences 9962

Share in the result of the companies accounted

for using the equity method

Profits 99751

Losses 99651

Share of third parties 99761

Share of the group 99762

......................................................................

.........................................................................................

....................................................................................

......................................................................

......................................................................

......................................................................

...........................................................................

...........................................................................

......................................................................

(+)/(-)......................................................................

(-)

......................................................................

......................................................................

..............................................................................................

(+)/(-)......................................................................

(+)/(-)

(+)/(-)

(+)/(-)

(+)/(-)

(+)/(-)

(+)/(-)

......................................................................

.......................................................................................

..................................................................................

......................................................................

......................................................................

..................................................................................

..................................................................................

......................................................................

......................................................................

......................................................................

Of which :

1

1

6.928

244

3.066

3.066

4.106

4.106

4.106

6/31

Nr. 0415.894.032 CONSO 4.1

LIST OF THE CONSOLIDATED SUBSIDIARY COMPANIES AND COMPANIES INCLUDED USING THEEQUITY METHOD

Change of percentage

of capital held (as

compared to the

previous period) (4)

Proportion of

capital held (3)

(in %)

NAME, full address of the REGISTERED OFFICE and for the enterprise

governed by Belgian law, the COMPANY NUMBER

Method used

(F/P/E1/E2/E3/

E4) (1)(2)

SMT Cameroun SA F

Zone Industrielle Magzi-Bassa

4908 Douala

Cameroon

100,00 100,00

SMT Congo SARLU F

Avenue Bayardelle - Impasse Airtel-Amb Cameroun

2894 Brazaville

Congo

99,75 99,75

SMT RDC SPRL F

Avenu Militant 4478

Barumbu, Kinshasa

Congo (Dem. Rep.)

99,00 99,00

SMT Ghana Ltd F

Volvo House, Old Fadama Road Plots nr 90/91

KA9228 Accra

Ghana

100,00 100,00

SMT Bénin SARL F

Quartier Kouhounou, Stade l'amitié 1

492 Cotonou

Benin

100,00 100,00

Subsidiary enterprise accounted for using the equity method which is in liquidation, has decided to cease activities or can no longer be considered as

carrying on the business

(1)

(2)

Full consolidationF.

P. Proportional consolidation (in the first column disclose data proving joint control)

E1

.

Associated enterprise accounted for using the equity

methodE2

.

Subsidiary enterprise accounted for using the equity method over which the enterprise has a de facto control of which the inclusion in the consolidated

accounts would be incompatible with the principle of a true and fair view

E3

.

E4

.

If a change in the percentage of the proportion of capital held entails a change in the accounting method for inclusion in the consolidated

accounts, the new method will be followed by an asterisk.

(3) Proportion of capital of those enterprises being held by the enterprises included in the consolidated accounts and persons acting in their own names but on behalf

of these enterprises.

(4) If the composition of the consolidated aggregate is characterized by a significant change of this percentage during this period, additional information is provided in

section 4.5.

7/31

(article 134, 1st al.,3° of the Royal Decree of 30 january 2001 in implementation of Company Law)

(article 109 jo. 110 of the aforementioned Royal Decree)

Joint subsidiary enterprise accounted for using the equity method where its activities cannot be closely integrated into the activities of the enterprise having the

joint control (article 134, second al. of the aforementioned Royal Decree).

(article 108 jo. 110 of the aforementioned Royal Decree).

(article 112 of the aforementioned Royal Decree).

Nr. 0415.894.032 CONSO 4.1



of capital held (as

compared to the


Proportion of

capital held (3)

(in %)



Method used

(F/P/E1/E2/E3/

E4) (1)(2)

SMT Burkina Faso SARL F

Quartier de la Rotonde, Rue Jacqueline Ki-Zerbo 326, box 1

5678 Ouagadougou

Burkina Faso

100,00 100,00

SMT Liberia Inc F

PO Box 3191n County of Montserrado

Monrovia

Liberia

100,00 100,00

SMT Nigeria SA P

Ikorodu Road 322A

Lagos

Nigeria

45,00 45,00

Data proving joint control:

SMT Côte d'Ivoire SA P

Boulevard de Vridi 1

3727 Abidjan

Ivory Coast

49,99 49,99

Data proving joint control:

SMT Gabon SPRL F

Quartier Okala Mikolongo

1166 Libreville

Gabon

100,00 100,00



(1)

(2)



E1

.


methodE2

.



E3

.

E4

.






section 4.5.

8/31







Nr. 0415.894.032 CONSO 4.1



of capital held (as

compared to the


Proportion of

capital held (3)

(in %)



Method used

(F/P/E1/E2/E3/

E4) (1)(2)

SMT Maurice Ltd F

9th Floor, Raffles Tower - Cibercity 19

1721-04 Ebene

Mauritius

100,00 0,00

SMT Togo SARL F

Avenue Kleber Dadjo (Immeuble Alice) 777

8989 Lomé

Togo

100,00 100,00



(1)

(2)



E1

.


methodE2

.



E3

.

E4

.






section 4.5.

9/31







Nr. 0415.894.032 CONSO 4.5

CONSOLIDATION CRITERIA AND CHANGES IN THE CONSOLIDATION SCOPE

Information and the criteria governing the application of full consolidation, proportional consolidation and the equity method as well as

those cases in which these criteria are departed from, and justification for such departures

Decree of 30 january 2001 in implementation of Company Law).

(Pursuant to Article 165, I. of the Royal

a) Les sociétés suivantes sont sorties du périmètre de consolidation en 2013 :

Néant

b) Les sociétés suivantes sont entrées dans le périmètre de consolidation en 2013 :

- SMT Cameroun SA

- SMT Congo SARLU

- SMT RDC SPRL

- SMT Ghana Ltd

- SMT Bénin SARL

- SMT Burkina Faso SARL

- SMT Liberia Inc

- SMT Nigeria SA

- SMT Côte d'Ivoire SA

- SMT Gabon SPRL

- SMT Togo SARL

L'ensemble de ces sociétés, à l'exception de SMT Togo SARL qui a été constituée en 2013, ont été apportées à SMT Group SA par

son actionnaire majoritaire, SDA SA, par voie d'apport en nature en 2013 en contrepartie d'une augmentation de capital.

Information which makes a comparison meaningfull with the consolidated annual accounts of the previous financial period in case the

composition of the consolidated aggregate in the course of the current financial period has changed significantly (Pursuant to Article 112

of aforementioned Royal Decree).

Pas d'application

10/31

Nr. 0415.894.032 CONSO 4.6

SUMMARY OF VALUATION RULES AND METHODS OF CALCULATING OF DEFERRED TAXES

Disclosure of the criteria governing the valuation of the various items in the consolidated annual accounts, and in particular :

the bases of translation applied to express in the consolidated accounts items which are, or originally were, expressed in a currency other

than the currency in which the consolidated accounts are stated, and the translation in the consolidated accounts of the accounting

statements of subsidiaries and associated enterprises governed by foreign law

the application and adjustments of depreciation, amounts written down and provisions for liabilities and charges, and revaluations(pursuant to article 165, VI.a. of the Royal Decree of 30 january 2001 in implementation of Company Law)

Royal Decree)

(pursuant to Article 165, VI.b. of the aforementioned

Frais d'établissement

Les frais d'établissement sont pris en charge en totalité au cours de l'exercice pendant lequel ils ont été exposés.

Immobilisations incorporelles et corporelles

Les immobilisations sont portées à l'actif du bilan à leur prix d'acquisition, y compris les frais accessoires, ou à leur prix de revient ou à

leur valeur d'apport.

Les amortissements sont linéaires, pro rata temporis et pratiqués sur base des critères suivants :

A) Immobilisations détenues en Europe

Immobilisations incorporelles

Licences, brevets, goodwill 33,33 %

Adaptation du système informatique 100 %

Immobilisations corporelles

Terrains : aucun amortissement

Bâtiments

- neufs 3 % ou sur la durée de l'emphytéose

- usagés 3 % - 5 % ou sur la durée de l'emphytéose

Installations, machines et outillage

- mobilier et machines 20 %

- outillage 20 %

- matériel informatique 33,33 %

Mobilier & matériel roulant

-neufs 20 %

-d'occasion 50 %

Location-financement et droits similaires : amortissement sur la durée de l'emphythéose.

B) Immobilisations détenues en Afrique

Immobilisations incorporelles

Licences, brevets, goodwill 33,33 %

Adaptation du système informatique 100 %

Immobilisations corporelles

Terrains aucun amortissement

Bâtiments

- neufs 3 % ou sur la durée de l'emphytéose

- usagés 5 % ou sur la durée de l'emphytéose

Installations, machines et outillage

- mobilier et machines 20 %

- matériel identification réseau 20 %

- outillage 50 %

- matériel informatique 33,33 %

Mobilier & matériel roulant

- neufs 33,33 %

- d'occasion 50 %

Location-financement et droits similaires : amortissement sur la durée de l'emphythéose.

Autres immobilisations corporelles

Cette rubrique recouvre les biens donnés en location. Pour les véhicules neuf, il sera procédé à un amortissement mensuel de

1/48ème de la valeur d'achat pour autant que le matériel a été loué. Pour les machines d'occasion, il sera procédé à un amortissement

mensuel correspondant à 1/24ème de la valeur d'achat pour autant que le matériel a été loué. Ces immobilisations font en outre l'objet

de réduction de valeur en cas de moins-value ou de dépréciation durable.

Immobilisations financières

Les participations sont comptabilisées à leur valorisation d'acquisition historique. Elles peuvent faire l'objet de réévaluations. Elles

subissent des réductions de valeur en cas de moins-values durables et certaines. La valeur comptable pourra cependant faire l'objet

11/31

Nr. 0415.894.032 CONSO 4.6

SUMMARY OF VALUATION RULES AND METHODS OF CALCULATING OF DEFERRED TAXES

de

plus-values pour autant que celles-ci présentent un caractère durable, voire définitif.

Stocks

Au cours de l'exercice, les stocks sont évalués à leur prix d'acquisition, y compris les frais de transport et accessoires. Les règles

d'usage appliquées pour les stocks sont les suivantes :

"Pour les pièces de rechanges : prix moyen pondéré

"Pour les camions et les machines : First In, First Out.

A la clôture de chaque exercice et par total par devise, les camions et les machines ainsi que les pièces de rechange situées en

Europe sont repris à la valeur d'acquisition, y compris les frais de transport et accessoires au cours historique ou au cours de clôture si

ce dernier est inférieur au cours historique.

Le stock de machines et de camions situés en Afrique fait l'objet de réduction de valeur systématique suivant les règles suivantes :

"Entre 0 à 1 an : aucune

"Entre 1 à 2 ans : 10%




"Plus de 5 ans : 100%

Le stock de pièces de rechange situées en Afrique fait l'objet de réduction de valeur systématique suivant les règles suivantes :

"Entre 0 à 1 an : aucune





"Plus de 5 ans : 100%

Créances :

Les créances à un an au plus seront reprises au bilan pour leur valeur nominale, à l'exception des créances ayant la forme de titres à

revenu fixe qui seront évalués à leur valeur d'acquisition.

Pour l'Europe :

"Une réduction de valeur sera actée sur la valeur considérée, lorsque le remboursement s'en trouve incertain ou compromis. Une

évaluation des créances au cas par cas est réalisée au minimum à chaque fin d'exercice comptable.

"En cas de faillite d'un débiteur, une réduction de valeur de 100% sera actée dans les comptes.

"En cas de contentieux sérieux ou de connaissance certaine d'insolvabilité d'un client, la réduction de valeur sera calculée au cas par

cas.

Pour l'Afrique :

"Une réduction de valeur sera actée sur la valeur considérée, lorsque le remboursement à la date d'échéance s'en trouve incertain ou

compromis.

oIl est prévu que toute créance commerciale privée non désintéressée dont la date d'échéance serait dépassée de :

"Plus de 6 mois..........50%

"Plus d'1 an...............75%

"Plus de 2 ans..........100%

oIl est prévu que toute créance commerciale étatique non désintéressée dont la date d'échéance serait dépassée de :

"A partir de 1 an........50%

"Plus de 2 ans..........100%

Traitement des autres instruments financiers

Ils sont enregistrés dans les postes hors bilan à leur valeur contractuelle. Les résultats sont déterminés et enregistrés en fonction de la

nature de l'opération traitée; les gains et les pertes sont enregistrés de manière symétrique aux charges et produits des éléments

couverts.

Dettes à plus d'un an et dettes à un an au plus

Ces dettes sont comptabilisées à leur valeur nominale.

Provisions pour risques et charges

A la clôture de chaque exercice, le Conseil d'Administration, statuant avec prudence, sincérité et bonne foi, examine les provisions à

constituer pour couvrir tous les risques prévus ou pertes éventuelles nées au cours de l'exercice et des exercices antérieurs. Les

provisions afférentes aux exercices antérieurs sont régulièrement revues et reprises en résultats si elles sont devenues sans objet.

12/31

Nr. 0415.894.032 CONSO 4.7

STATEMENT OF FORMATION EXPENSES


New expenses incurred

Formation or capital increase expenses, loan issue expenses and other

formation expenses

Restructuring costs

Movements during the period :

Net book value at the end of the period

Of which :

Other


Depreciation

xxxxxxxxxxxxxxx 32

3

12

23

23

8003

8004

(20)

200/2

204

20P

8002

Translation differences 9980

...............................................................................................................................

...............................................................................................................................

(+)/(-)

(+)/(-)

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

13/31

Nr. 0415.894.032 CONSO 4.8.2


Acquisitions, including produced fixed assets

Recorded

Acquisition value at the end of the period



Transfers from one heading to another

CONCESSIONS, PATENTS, LICENCES, KNOWHOW, BRANDSAND SIMILAR RIGHTS

Sales and disposals

xxxxxxxxxxxxxxx

Written back

Acquisitions from third parties

Cancelled

NET BOOK VALUE AT THE END OF THE PERIOD

xxxxxxxxxxxxxxx



37

20

36

9

62

7

25

37

8032

8042

8052

8122P

8072

8052P

8022

8092

8102

8082

8122

211

8112

Translation differences -299812

Other movements 99822



(+)/(-)

(+)/(-)

(+)/(-)

(+)/(-)

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

(+)/(-)

(+)/(-)

Depreciation and amounts written down at the end of the period


14/31

Nr. 0415.894.032 CONSO 4.9.1

STATEMENT OF TANGIBLE FIXED ASSETS



Recorded




Sales and disposals

xxxxxxxxxxxxxxx


Written back


Cancelled


xxxxxxxxxxxxxxx

LAND AND BUILDINGS

Cancelled


xxxxxxxxxxxxxxx

10.074

1.254

227

10.709

333

914

9.795

591

8171

8181

8191

8251P

8211

8191P

8161

8231

8241

8221

8321P

8271

8251

8281

8301

8311

8291

8321

(22)



99871

99881

-1099891

99901

(+)/(-)

(+)/(-)

(+)/(-)

(+)/(-)

(+)/(-)

(+)/(-)

(+)/(-)

(+)/(-)

(+)/(-)

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

Acquisition value at the end of the period......................................................................




Translation differences


Other movements

Other movements

Revaluation surpluses at the end of the period


Recorded



15/31

Nr. 0415.894.032 CONSO 4.9.2


xxxxxxxxxxxxxxx

......................................................................

...........................................................................................

xxxxxxxxxxxxxxx

PLANT, MACHINERY AND EQUIPMENT

......................................................................

xxxxxxxxxxxxxxx

......................................................................

...........................................................................................

877

811

8

1.631

321

1

793

838

494

8172

8182

8192

8252P

8212

8192P

8162

8232

8242

8222

8322P

8272

8252

8282

8302

8312

8292

8322

(23)

-4999852

99862

99872

99882

-2199892

99902

(-)/(+)

(-)/(+)

(-)/(+)

(-)/(+)

(-)/(+)

(-)/(+)

......................................................................

......................................................................

.......................................................................................

.............................................................................................................

.............................................................................................................

.............................................................................................................

.............................................................................................................

.............................................................................................................

.............................................................................................................

.............................................................................................................

.............................................................................................................

.............................................................................................................

.............................................................................................................

(-)/(+)

(-)/(+)

(-)/(+)

.............................................................................................................

.............................................................................................................

.............................................................................................................



......................................................................

......................................................................




Acquisitions, including produced fixed assets......................................................................

Sales and disposals ..................................................................................







Other movements

Other movements

Other movements



Recorded

Recorded



Cancelled



Written back

Cancelled


16/31

Nr. 0415.894.032 CONSO 4.9.3


xxxxxxxxxxxxxxx

......................................................................

...........................................................................................

xxxxxxxxxxxxxxx

FURNITURE AND VEHICLES

......................................................................

xxxxxxxxxxxxxxx

......................................................................

...........................................................................................

2.379

1.278

20

3.496

715

45

15

1.684

1.812

1.120

8173

8183

8193

8253P

8213

8193P

8163

8233

8243

8223

8323P

8273

8253

8283

8303

8313

8293

8323

(24)

-14199853

99863

99873

99883

-9199893

99903

(-)/(+)

(-)/(+)

(-)/(+)

......................................................................

......................................................................

..............................................................................................................

........................................................................................

..............................................................................................................

(-)/(+)

(-)/(+)

(-)/(+)

..............................................................................................................

..............................................................................................................

..............................................................................................................

..............................................................................................................

..............................................................................................................

..............................................................................................................

..............................................................................................................

(-)/(+)

(-)/(+)

(-)/(+)

..............................................................................................................

..............................................................................................................

..............................................................................................................



......................................................................

......................................................................












Other movements..............................................................................................................

Other movements

Other movements



Recorded

Recorded



Cancelled



Written back

Cancelled


17/31

Nr. 0415.894.032 CONSO 4.9.4


xxxxxxxxxxxxxxx

......................................................................

...........................................................................................

xxxxxxxxxxxxxxx

LEASING AND SIMILAR RIGHTS

......................................................................

xxxxxxxxxxxxxxx

......................................................................

...........................................................................................

OF WICH :

Land and buildings

Plant, machinery and equipment

Furniture and vehicles

......................................................................

............................................................................................

...................................................................................

191

4

195

45

50

100

95

100

8174

8184

8194

8254P

8214

8194P

8164

8234

8244

8224

8324P

8274

8254

8284

8304

8314

8294

8324

(25)

250

251

252

99854

99864

99874

99884

99894

99904

...................................................................... (+)/(-)

...................................................................... (+)/(-)

..................................................................................... (+)/(-)

....................................................................................................................

..............................................................................................

....................................................................................................................

...................................................................... (+)/(-)

.............................................................................. (+)/(-)

........................................................................................ (+)/(-)

....................................................................................................................

....................................................................................................................

....................................................................................................................

....................................................................................................................

...................................................................... (+)/(-)

............................................................................... (+)/(-)

.......................................................................................... (+)/(-)



......................................................................












Other movements

Other movements

Other movements



Recorded

Recorded



Cancelled



Written back

Cancelled


18/31

Nr. 0415.894.032 CONSO 4.9.6


...................................................................... xxxxxxxxxxxxxxx

......................................................................

...........................................................................................

xxxxxxxxxxxxxxx

ASSETS UNDER CONSTRUCTION AND ADVANCED PAYMENTS

......................................................................

xxxxxxxxxxxxxxx

......................................................................

...........................................................................................

395

225

-226

339

339

8176

8186

8196

8256P

8216

8196P

8166

8236

8246

8226

8326P

8276

8256

8286

8306

8316

8296

8326

(27)

-5599856

99866

99876

99886

99896

99906

......................................................................

..................................................................................

............................................................................................................

............................................................................................................

............................................................................................................

............................................................................................................

............................................................................................................

............................................................................................................

............................................................................................................

(+)/(-)......................................................................

(+)/(-)..............................................................................

(+)/(-)........................................................................................

(+)/(-)........................................................................................

(+)/(-)........................................................................................

(+)/(-)........................................................................................

(+)/(-)........................................................................................

(+)/(-)........................................................................................

(+)/(-)........................................................................................







Sales and disposals









Recorded

Recorded



Other movements

Other movements

Other movements

Cancelled



Written back

Cancelled


19/31

Nr. 0415.894.032 CONSO 4.10.2

STATEMENT OF FINANCIAL FIXED ASSETS


Acquisitions


...................................................................... xxxxxxxxxxxxxxx

......................................................................

......................................................................

...........................................................................................

xxxxxxxxxxxxxxx

......................................................................

xxxxxxxxxxxxxxx

...........................................................................................

...........................................................................................

...........................................................................................

...........................................................................................

OTHER ENTERPRISES - AMOUNTS RECEIVABLE

...........................................................................................

Additions


Other

................................................................................................

...........................................................................................

xxxxxxxxxxxxxxx

xxxxxxxxxxxxxxx

184

110

2

-2

290

8372

8382

8392

8452P

8412

8392P

8362

8432

8442

8422

8522P

8472

8452

8482

8502

8512

8492

8522

8552P

8542

8582

8602

8612

8592

99952

8632

8552

(284)

285/8P

(285/8)

(8652)




..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

.......................................................................................................... (+)/(-)

.......................................................................................................... (+)/(-)

.......................................................................................................... (+)/(-)

.......................................................................................................... (+)/(-)

.......................................................................................................... (+)/(-)

.......................................................................................................... (+)/(-)

.......................................................................................................... (+)/(-)

.......................................................................................................... (+)/(-)

.......................................................................................................... (+)/(-)

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................






Movements during the period


Sales and disposals





Amounts written down at the end of the period

Amounts written down at the end of the period

Recorded

Recorded



Cancelled

Written back

Cancelled

Uncalled amounts at the end of the period

Uncalled amounts at the end of the period




Repayments

Amounts written down

Amounts written back

ACCUMULATED AMOUNTS WRITTEN OFF ON AMOUNTS RECEIVABLE

AT THE END OF THE PERIOD

OTHER ENTERPRISES - PARTICIPATING INTERESTS

20/31

Nr. 0415.894.032 CONSO 4.11

STATEMENT OF CONSOLIDATED RESERVES


Consolidated reserves at the end of the period 9910P


Shares of the group in the consolidated income 99002 4.106

Other movements 99003 178

..........................................................................................................

.......................................................................................................... (+)/(-)

............................................................................................................................ (+)/(-)

9.296 xxxxxxxxxxxxxxx

Other movements

(breakdown of the meaningfull amounts not approportioned to the share of the

group in the consolidated result)

Ecarts de conversion 32

Autres 146

Consolidated reserves at the end of the period (9910) 13.580..........................................................................................................

21/31

Nr. 0415.894.032 CONSO 4.12

STATEMENT OF CONSOLIDATION DIFFERENCES AND DIFFERENCES RESULTINGFROM THE APPLICATION OF THE EQUITY METHOD

Codes

Net book value at the end of the period 99071P


Arising from an increase of the percentage held

Arising from an decrease of the percentage held

Write-downs

Differences transferred to the income statements

Other movements


30.08799021

99031

-75299041

99051

99061

29.33599071





Write-downs


Other movements


99023

99033

99043

99053

99063

99073

PeriodPOSITIVE DIFFERENCES

CONSOLIDATION

EQUITY METHOD





Write-downs


Other movements


99022

99032

99042

99052

99062

99072





Write-downs


Other movements


99024

99034

99044

99054

99064

99074

NEGATIVE DIFFERENCES

CONSOLIDATION

EQUITY METHOD

Previous period

xxxxxxxxxxxxxxx

xxxxxxxxxxxxxxx

xxxxxxxxxxxxxxx

xxxxxxxxxxxxxxx

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

..........................................................................................................

22/31

Nr. 0415.894.032 CONSO 4.13

Codes Period

STATEMENT OF AMOUNTS PAYABLE


Advance payments received on contracts in progress

Other loans

Suppliers


Total amounts payable after more than one year falling due within one year

Trade debts

Amounts payable after more than one year, between one and five years

Financial debts

Subordinated loans


Total amounts payable after more than one year, between one and five years

Amounts payable after more than one year, over five years

ANALYSIS OF THE AMOUNTS ORIGINALLY PAYABLE AFTER ONE YEAR ACCORDING TO

THEIR RESIDUAL TERM

Amounts payable after more than one year falling due within one year

Credit institutions


Total amounts payable after more than one year, over five years ..............................................................

..............................................................

..........................

44

44

44

9.748

50

9.698

9.748

8811

8821

8831

8841

8801

8851

8861

8871

8881

8891

(42)

8901

8802

8812

8822

8832

8842

8852

8862

8872

8882

8892

8902

8912

8803

8813

8823

8833

8843

8853

8863

8873

8883

8893

8903

8913

...........................................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

..........................................................................................................................................

...........................................................................................................................................

.....................................................................................................................................................

.................................................................................................................................................

...........................................................................................................................................

...............................................................................................................................

.................................................................................................................................................

...............................................................................................................................

...............................................................................................................................

...........................................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...................................................................................................................................

.................................................................................................................................................

...........................................................................................................................................

..................................................................................................................................

...............................................................................................................................................

..............................................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

..................................................................................................................................

............................................................................................................................................

.................................................................................................................................................

............................................................................................................................................

.............................................................................................................................................

...............................................................................................................................

............................................................................................................................................

Financial debts

Subordinated loans


Credit institutions

Other loans...........................................................................................................................................

Trade debts.....................................................................................................................................................

Suppliers


Financial debts

Subordinated loans



Credit institutions

Other loans



Suppliers

Trade debts





23/31

Nr. 0415.894.032 CONSO 4.13

Codes Periode

AMOUNTS PAYABLE, OR THE PORTION THEREOF, WHICH GUARANTEED BY REAL GUARANTEES

GIVEN OR IRREVOCABLY PROMISED ON THE ASSETS OF THE ENTERPRISES INCLUDED IN THE

CONSOLIDATION (Headings 17 and 42/48 of the liabilities)

Total amounts payable guaranteed by real guarantees given or irrevocably promised on the assets of

the enterprises included in the consolidation

12.613

93

12.520

12.613

8922

8932

8942

8952

8962

8972

8982

8992

9002

9022

9062

9012

9052

Taxes

Remuneration and social security 9042

9032

Financial debts

Taxes, remuneration and social security payable

Trade debts

.....................................................................................................................................................

.......................................................................................................................................................

...............................................................................................................................

...............................................................................................................................

........................................................................................................................................................

...............................................................................................................................

........................................................................................................................................................

...................................................................................................................................................

..........................................................................................................................................................

...............................................................................................................................

..............................................................................................................................................

...............................................................................................................................

...............................................................................................................................

..................................................................................................................................

............................................................................................................................................

Subordinated loans



Credit institutions

Other loans

Suppliers




24/31

Nr. 0415.894.032 CONSO 4.14

RESULTS


OPERATING INCOME

Net turnover

Broken down by categories of activity

Allocation into geographical markets

Aggregate turnover of the group in Belgium 99083...............................................................................................................................

AVERAGE NUMBER OF PERSONS EMPLOYED AND PERSONNEL CHARGES

Consolidated enterprises and fully consolidated enterprises

Workers

Employees

Management personnel

Remuneration, social security costs

Personnel costs

Pensions

3

375

7.85099621

99622

90921

90911

90931

Average number of persons employed 90901 378

Other persons 90941

Average number of persons employed in Belgium by the enterprises concerned 99081 30

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

Proportionally consolidated enterprises

Personnel costs

Pensions

99623

99624

90922

90912

90932

Average number of persons employed 90902

90942

Average number of persons employed in Belgium by the enterprises concerned 99082

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

Workers

Employees

Management personnel

Other persons

Remuneration, social security costs

EXTRAORDINARY RESULTS

Analysis of the other extraordinary income

Analysis of the other extraordinary costs

INCOME TAXES

Effect of extraordinary results on the amount of income taxes on the current period and on the previous period

25/31

Nr. 0415.894.032 CONSO 4.15

RIGHTS AND COMMITMENTS NOT REFLECTED IN THE BALANCE SHEET

Codes Period

Personal guarantees given or irrevocably promised by the enterprise as security for debts and

commiments of third parties

Amount of real guarantees, given or irrevocably promised by the enterprises included in the

consolidation on their own assets, as security for debts and commitments :

Substancial commitments to acquire fixed assets

Amounts of goods and values, held by third parties in their own name but at risk to and for the benefit

of the enterprises included in the consolidation not reflected in the balance sheet

of enterprises included in the consolidation

of third parties

Rights from transactions :

to interest rates

to exchange rates

to prices of raw materials or goods purchased for resale

to other similar transactions

Commitments from transactions :

4.830

9149

9217

99087

9218

99086

99088

99089

99091

99090

Substancial commitments to dispose fixed assets 9219

to interest rates

to exchange rates

to prices of raw materials or goods purchased for resale

to other similar transactions

99092

99093

99095

99094

...........................................................................................................................................

...........................................................................................................................................

...............................................................................................................................

...............................................................................................................................

................................................................................................................................................

...........................................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

...............................................................................................................................

.........................................................................................................................................................

Information relating to technical guarantees, in respect of sales or services

Néant

Information concerning important litigation and other commitments

Néant

Commitments with respect to retirement and survivors' pensions in favour of their personnel or executives, at the expense of the

enterprises included in the consolidation

Néant

NATURE AND BUSINESS PURPOSE OF OFF-BALANCE SHEET ARRANGEMENTS

Provided the risks or benefits arising from such arrangements are material and where the disclosure of such risks or benefits is

necessary for assessing the financial position of the companies included in the consolidation as a whole; if required, the financial

impact of these arrangements for the companies included in the consolidation as a whole have to be mentioned too:

26/31

Nr. 0415.894.032 CONSO 4.17

FINANCIAL RELATIONSHIPS WITH

DIRECTORS OR MANAGERS OF THE CONSOLIDATION ENTERPRISE PeriodCodes

Total amount of remuneration granted in respect of their responsibilities in the consolidation enterprise, its

subsidiary companies and its affiliated companies, including the amounts in respect of retirement

pensions granted to former directors or managers 99097

Total amount of advances and credits granted by the consolidating enterprise, by a subsidiary company or

by an associated company 99098

AUDITORS OR PEOPLE THEY ARE LINKED TO

Auditor's fees

Other attestation missions

Tax consultancy

Other missions external to the audit

889505

95061

95062

95063

95081

95082

95083

Fees for exceptional services or special missions executed in the group by the auditor

......................................................................................................................................................................

......................................................................................................................................................................

......................................................................................................................................................................

......................................................................................................................................................................

......................................................................................................................................................................

......................................................................................................................................................................

......................................................................................................................................................................

Fees for people linked to the auditor

9507......................................................................................................................................................................

Fees for exceptional services or special missions executed in the group by the people they are linked to the

auditor

Other missions external to the audit

Tax consultancy

Other attestation missions

Fees for auditor's mandate

Fees for auditor's mandate

MENTION RELATED TO ARTICLE 133 PARAGRAPH 6 FROM THE COMPANIES LAW

27/31

Nr. 0415.894.032 CONSO 6

AUDIT REPORT ON THE CONSOLIDATED ACCOUNTS

28/31

Nr. 0415.894.032 CONSO 6


29/31

Nr. 0415.894.032 CONSO 6


30/31

Nr. 0415.894.032 CONSO 7

ADDITIONAL INFORMATION

En application de l'article 161 de l'Arrêté Royal du 30 janvier 2001, les comptes consolidés de ce périmètre étant préparés pour la

première fois au terme de l'exercice comptable 2013 ; il n'est donc pas fait mention de chiffres comparatifs.

31/31

CONSOLIDATED ANNUAL ACCOUNTS IN THOUSAND EURO · Avenue du Haut Commandement 300, Gombe, Kinshasa,...

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Transcript of CONSOLIDATED ANNUAL ACCOUNTS IN THOUSAND EURO · Avenue du Haut Commandement 300, Gombe, Kinshasa,...