COMPLETE LIST WITH name, first name, profession, residence-address (address, number, postal code, municipality) andposition with the enterprise, OF DIRECTORS, MANAGERS AND AUDITORS
NAME:
Legal form:
Address: Nr.:
Postal Code: City:
Country: Belgium
Register of Legal Persons (RLP) - Office of the commercial court at:
Internet address *:
Company number: 0220.764.971
DATE 30/04/1981 of the deposition of the partnership deed OR of the most recent document mentioning the date ofpublication of the partnership deed and the act changing the articles of association.
ANNUAL ACCOUNT approved by the General Meeting of 24/06/2010
concerning the financial year covering the period from 1/01/2009 31/12/2009till
Previous period from 1/01/2008 31/12/2008till
The amounts of the previous financial year are
INTERGEM
Franz Courtensstraat
9200 Dendermonde
are not ** identical to those which have been previously published.
Nr. C 1.1Date of the deposition No. PP. E. D.40 1 EUR
ANNUAL ACCOUNT IN EURO (2 decimals)
0220.764.971
/
Dendermonde
Bourgetlaan 40, 1130 Brussel 13, Belgium
Title : Auditor, Number of membership : B0001
K.P.M.G CALL 0419.122.548
Represented by:Berger Pierre
, , Belgium
Stationsstraat 16, 9220 Hamme (O.-Vl.), Belgium
Title : President of the board of directors
Van De Casteele Paul
Mezenstraat 11, 9112 Sinaai-Waas, Belgium
Title : Vice president of the board of directors
Nachtegael Mike
Enclosed to these annual accounts:
Total number of pages deposited:
Signature (name and position)
Signature (name and position)
* Optional statement.** Delete where appropriate.
Number of the pages of the standard form not deposited for not beingof service:
405.1, 5.2.3, 5.2.4, 5.3.4, 5.3.6, 5.4.1, 5.4.3, 5.5.2, 5.16, 5.17.1, 5.17.2, 6, 9
MANAGEMENT REPORT
Nr. 0220.764.971 C 1.1
LIST OF DIRECTORS, MANAGERS AND AUDITORS (continuation of the previous page)
Achterdenken 6, box A, 9255 Buggenhout, Belgium
Title : Vice president of the board of directors
Sarens André
Dennenlaan 40, 9120 Melsele, Belgium
Title : Director
Becquaert Alfred
Dijkstraat 140, 9120 Melsele, Belgium
Title : Director
Blommaert Robert
Heideaard 121, 2930 Brasschaat, Belgium
Title : Director
Bosman Eric
Mandate : - 25/06/2009
Kruisweg 6, 1790 Affligem, Belgium
Title : Director
Bosteels Marie-Louise
Joseph Baecklaan 46, box 5, 1080 Brussel 8, Belgium
Title : Director
Boute Veerle
Rozenstraat 17, 9150 Kruibeke, Belgium
Title : Director
Bressinck Saskia
Mandate : 18/03/2010
Leo Bruynincxstraat 18, 9200 Dendermonde, Belgium
Title : Director
Buyse Pieter
Kroonveldlaan 10, 9200 Dendermonde, Belgium
Title : Director
Caudron Pierre
Mandate : 28/05/2009- 13/12/2009
Nr. 0220.764.971 C 1.1
LIST OF DIRECTORS, MANAGERS AND AUDITORS (continuation of the previous page)
Verhaegenlaan 3, 9500 Geraardsbergen, Belgium
Title : Director
Coppez Davy
Akrenbos 1, 1547 Bever, Belgium
Title : Director
Daubie Patrick
Hooierzelestraat 9, 9250 Waasmunster, Belgium
Title : Director
Decorte Renaat
Mandate : 28/05/2009
Donkerstraat 10, 9111 Belsele, Belgium
Title : Director
De Cuyper Jo
Sergeant De Bruynestraat 27, 2140 Borgerhout (Antwerpen), Belgium
Title : Director
De Groof Christiaan
Oude Gentbaan 100, 9300 Aalst, Belgium
Title : Director
De Koninck Iwein
Strijpenplein 8, 9620 Zottegem, Belgium
Title : Director
De Meulenaere Willy
Zwanenhoekstraat 8, box 5, 9170 Sint-Gillis-Waas, Belgium
Title : Director
De Rudder Willy
Aststraat 36, 9472 Iddergem, Belgium
Title : Director
De Schampheleer Betty
Nr. 0220.764.971 C 1.1
LIST OF DIRECTORS, MANAGERS AND AUDITORS (continuation of the previous page)
Kloosterlaan 27, 9140 Temse, Belgium
Title : Director
Duvillers Ivan
Hoge Wegel 5, 9120 Beveren-Waas, Belgium
Title : Director
Heirwegh Roger
Otto De Maeyerstraat 10, 9255 Buggenhout, Belgium
Title : Director
Hermans Geert
Mgr. Stillemansstraat 25, 9100 Sint-Niklaas, Belgium
Title : Director
Heynderickx Marc
Konijnenstraat 19, 2870 Puurs, Belgium
Title : Director
Heyvaert Griet
Vondelen 55, 9450 Haaltert, Belgium
Title : Director
Impens Willy
Mandate : 28/05/2009
Cederlaan 2, 9160 Lokeren, Belgium
Title : Director
Libaut Hilaire
Cedronbeekstraat 9, 9190 Stekene, Belgium
Title : Director
Merckx Freddy
Steenweg 57, 9570 Sint-Maria-Lierde, Belgium
Title : Director
Mortier Rudy
Nr. 0220.764.971 C 1.1
LIST OF DIRECTORS, MANAGERS AND AUDITORS (continuation of the previous page)
Schillebeekstraat 70, 9500 Geraardsbergen, Belgium
Title : Director
Spitaels Eric
Parklaan 1a, box 31, 9300 Aalst, Belgium
Title : Director
Stylemans Johan
J.B. Van Langenhaeckestraat 18, 9400 Ninove, Belgium
Title : Director
Torrekens Marc
Fayte 68, 9660 Brakel, Belgium
Title : Director
Tortelboom Wilfried
Eikestraat 38, 9550 Herzele, Belgium
Title : Director
Van Daele Marcellus
Mandate : - 11/05/2010
Dikkelindestraat 16, 9420 Erpe-Mere, Belgium
Title : Director
Van De Keer Gaston
Mandate : 22/04/2010
Broekveldstraat 13, 9320 Nieuwerkerken (Aalst), Belgium
Title : Director
Van de Steen Ann
Aalstersestraat 79, box 1, 9280 Lebbeke, Belgium
Title : Director
Van Driessche Marleen
Leopoldstraat 173, 9400 Ninove, Belgium
Title : Director
Van Eeckhout Freddy
Nr. 0220.764.971 C 1.1
LIST OF DIRECTORS, MANAGERS AND AUDITORS (continuation of the previous page)
Bevrijdingslaan 196, 9200 Dendermonde, Belgium
Title : Director
Van Marcke René
Mandate : 18/03/2010
Oudenaardsesteenweg 610, 9420 Erpe-Mere, Belgium
Title : Director
Van Vaerenbergh Johan
Mandate : - 22/04/2010
Nijverheidstraat 59, 9140 Temse, Belgium
Title : Director
Verbeke Freddy
Lange Heihoekstraat 9, 9150 Kruibeke, Belgium
Title : Director
Verhelst Alfons
Mandate : - 18/03/2010
Nr. 0220.764.971 C 1.2
DECLARATION ABOUT SUPPLEMENTARY AUDITING OR ADJUSTMENT MISSION
The managing board declares that the assignment neither regarding auditing nor adjusting has been given to a person who was notauthorised by law pursuant to art. 34 and 37 of the Law of 22nd April 1999 concerning the auditing and tax professions.
Have the annual accounts been audited or adjusted by an external accountant or auditor who is not a statutory auditor ? YES
If YES, mention here after: name, first names, profession, residence-address of each external accountant or auditor, the number ofmembership with the professional Institute ad hoc and the nature of this engagement:
NO *./
If the assignment mentioned either under A or B is performed by authorised accountants or authorised accountants-tax consultants, information will be given on: name, first names, profession and residence-address of each authorised accountant or accountant-tax consultant, his number of membership with the Professional Institute of Accountants and Tax consultants and the nature of this engagement.
A. Bookkeeping of the undertaking**,B. Preparing the annual accounts**,C. Auditing the annual accounts and/orD. Adjusting the annual accounts.
Number ofmembership
Nature of theengagement
(A, B, C and/or D)Name, first name, profession, residence-address
* Delete where appropriate.** Optional disclosure.
Nr. 0220.764.971 C 2.1
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 5.4/
Affiliated enterprises
Participating interests
Amounts receivable
Other enterprises linked by participating interests ............
Other financial assets
Shares
Amounts receivable and cash guarantees
CURRENT ASSETS
Amounts receivable after more than one year
Trade debtors
Other amounts receivable
Stocks and contracts in progress
Stocks
Raw materials and consumables
Work in progress
Finished goods
Goods purchased for resale
Immovable property intended for sale ........................
Advance payments
Contracts in progress
Amounts receivable within one year
Current investments
Own shares
Other investments and deposits
Cash at bank and in hand
Deferred charges and accrued income
TOTAL ASSETS
5.2
5.1
5.3
5.5.1
5.14
5.14
5.5.1/ 5.6
5.6
......................................................................
............................................................
........................................................
.........................................................
.........................................................
...............................................................
....................
........................................
....................................
..........................................................
....................................................
...............................
..................................................................
542.649,93
713.688.867,61
15.865.763,14
689.965.088,82
6.797.782,51
1.060.233,14
714.999.210,38
767.692,84
767.692,84
767.692,84
95.651.678,64
2.185.921,30
2.185.921,30
26.494.632,58
26.073.488,10
421.144,48
1.364.222,16
65.606.902,60
810.650.889,02
675.320.186,18
657.761.796,56
15.510.855,79
635.177.270,23
5.902.674,84
1.170.995,70
17.558.389,62
17.558.389,62
17.558.389,62
89.096.411,16
1.466.201,20
1.466.201,20
22.223.117,33
22.047.541,58
175.575,75
1.336.698,97
64.070.393,66
764.416.597,34
20/28
20
21
22/27
22
23
24
25
26
28
27
280/1
280
281
282/3
282
283
284/8
284
285/8
29/58
29
290
291
3
30/36
30/31
32
33
34
35
36
37
40/41
40
41
50/53
50
51/53
54/58
490/1
20/58
Notes
.........................................................
.................................................
....................................................
Participating interests
Amounts receivable
.................................................
....................................................
......................................................
.......................................................................
.................
..................................................................
...............................................
..............................................................................
...............................
........................................................
..........................................................
......................................
....................................................
........................................................
Trade debtors
Other amounts receivable
..................................................................
...............................................
......................................................................
......................................
BALANCE SHEET
Toel.
Nr. 0220.764.971 C 2.2
Codes Period Previous periodEQUITY AND LIABILITIES
Reserves
EQUITY
Share premium account
CapitalIssued capitalUncalled capital
Legal reserveReserves not available
In respect of own shares heldOther
Accumulated profits (losses)
Major repairs and maintenance
Pensions and similar obligations
Taxation
Deferred taxes
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
Accrued charges and deferred income
TOTAL LIABILITIES
5.7
.................................................................................
..................................................................................
......................................................
.................................................................................
......................................(+)/(-)
......................................................................
........................
Untaxed reserves
Available reserves
Investment grants
Advance to associates on the sharing out of the assets
...............................................................
..................................................................
PROVISIONS AND DEFERRED TAXES ...............................
Provisions for liabilities and charges ................................
..........................................................
Bills of exchange payable
Remuneration and social security
5.9
5.8
5.9
Other amounts payable
Amounts payable within one year ........................................
Advances received on contracts in progress
Taxes, remuneration and social security
215.676.465,43215.676.465,43
13.164.523,366.485.071,04
10/15
10100101111213
130131
13111310
132
14
15
19
16
160/5
160
161
162
163/5
Revaluation surpluses ........................................................
133
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
455.9
...............................
.........................................................
450/3
454/9
47/48
492/3
10/49
4.207.632,23
4.207.632,23
4.207.632,23
418.860.854,33
305.697.012,99
305.697.012,99
296.940.292,99
8.756.720,00
110.944.095,85
8.741.463,39
79.443.234,04
79.443.234,04
12.276.199,90
12.276.199,90
5.211.408,34
1.855.883,74
1.855.804,47
79,27
3.415.906,44
2.219.745,49
810.650.889,02 764.416.597,34
378.306.447,87
210.436.063,32210.436.063,32
7.733.578,21134.623.354,34
23.324.194,41
22.806,8010.673.992,92
10.673.992,92
12.627.394,692.189.257,59
4.507.470,93
4.507.470,93
4.507.470,93
381.602.678,54
253.286.073,44
253.286.073,44
253.286.073,44
127.566.334,01
4.975.157,72
98.805.451,80
98.805.451,80
14.724.928,29
14.724.928,29
3.953.787,45
1.904.961,12
1.883.244,91
21.716,21
3.202.047,63
750.271,09
387.582.402,46
136.373.508,9229.047.357,07
34.870,6915.847.963,02
15.847.963,02
Notes
..................................................................................................................................
...................................................................
.......................................................................................
.........................................................................
.............................................................
............................................................
......................................
...........................................................................
.........................................
...............................................
.................................................................
....................................................
........................................
..........................
........................................................
...............................................................
.......................................................................
...................................................................
...........................................
....................
....................................................
Financial debts .................................................................
Credit institutions
Other loans
........................................................
...............................................................
Trade debts
Suppliers
Bills of exchange payable
.......................................................................
...................................................................
...........................................
Other amounts payable ....................................................
..............................
........................................................................
..........................
...................
5.9..........................................
Nr. 0220.764.971 C 3
INCOME STATEMENTCodes Period Previous period
Operating charges
Operating income
Turnover ...........................................................................
Own construction capitalised
Other operating income
Raw materials, consumables
Purchases
Decrease (increase) 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 restructuringcosts ............................................................................. (-)
Operating profit (loss)
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
Gain (loss) on ordinary activities before taxes
5.10
.................................................................
........ (+)/(-)
Increase (decrease) in stocks offinished goods, work and contracts in progress .........(+)/(-)
5.10
Depreciation of and amounts written off formationexpenses, intangible and tangible fixed assets ...................
5.10
Provisions for risks and charges - Appropriations (uses and write-backs) ........................................................(+)/(-) 5.10
5.10
.................................................(+)/(-)
...................................................................
Other financial income 5.11
Financial charges 5.11
178.436.738,88
170.169.730,74
719.720,10
7.547.288,04
137.449.002,90
44.920.748,87
44.920.748,87
61.648.291,70
26.287.506,37
686.320,17
-299.838,70
4.205.974,49
40.987.735,98
49.650,44
662,87
48.987,57
13.548.414,50
17.167,43
27.488.971,92
13.531.247,07
166.794.006,78
158.829.566,76
-12.380,70
7.976.820,72
127.731.527,48
38.465.985,97
38.465.985,97
61.595.237,35
24.016.807,40
-467.721,14
-220.185,47
4.341.403,37
39.062.479,30
1.037.426,14
979.223,17
10.622,28
47.580,69
13.587.102,78
13.576.932,83
10.169,95
26.512.802,66
70/74
70
630
62
71
72
74
60/64
60
600/8
609
61
631/4
635/7
640/8
649
9901
75
750
751
752/9
65
650
651
652/9
9902
Notes
..........................................
.....................................................
.......................................................
....................................................................
.......................................................
..............................................
....................................
....................................................
..................................................
..................................................................
..............................................
...............................................................
..................................................................
Nr. 0220.764.971 C 3
Codes Period Previous period
Write-back of depreciation and of amounts written downintangible and tangible fixed assets
Other extraordinary income
Extraordinary depreciation of and extraordinary amountswritten off formation expenses, intangible and tangiblefixed assets
Extraordinary charges carried to assets as restructuringcosts ............................................................................(-)
Amounts written down financial fixed assets
Loss on disposal of fixed assets
Other extraordinary charges
Income taxes
Adjustment of income taxes and write-back of taxprovisions
Provisions for extraordinary liabilities and charges -Appropriations (uses) ..............................................(+)/(-)
5.11
Write-back of amounts written down financial fixed assets
Write-back of provisions for extraordinary liabilities andcharges Gains on disposal of fixed assets
5.12
14.749,92
14.749,92
27.474.222,00
446.509,45
447.668,49
1.159,04
27.027.712,55
27.027.712,55
111.206,71
111.206,71
26.401.595,95
630.961,60
630.961,60
25.770.634,35
25.770.634,35
76
760
664/8
663
762
763
764/9
66
660
661
662
761
669
9905
689
780
680
67/77
670/3
77
9904
789
9903
Extraordinary income ............................................................
Extraordinary charges ...........................................................
Profit (loss) for the period before taxes ......................(+)/(-)
Transfer from postponed taxes ...........................................
Transfer to postponed taxes .................................................
Income taxes ...........................................................................
Profit (loss) for the period .............................................(+)/(-)
Transfer from untaxed reserves ............................................
Transfer to untaxed reserves .................................................
Profit (loss) for the period available for appropriation (+)/(-)
....................................................................
...........................................................................
.............................................
......................................
....................
.......................................................................
...............................................
.....................................
............................................................................
.
...................................
Nr. 0220.764.971 C 4
Codes Period Previous period
from capital and share premium account
from reserves
29.334.861,21
27.027.712,55
2.307.148,66
10.900,00
10.900,00
6.485.071,04
22.860.690,17
22.860.690,17
28.908.372,56
25.770.634,35
3.137.738,21
2.462.000,00
2.462.000,00
2.189.257,59
24.257.114,97
24.257.114,97
9906
(9905)
14P
791/2
791
792
691/2
6921
(14)
794
6920
694
696
695
694/6
691
APPROPRIATION ACCOUNT
Gain (loss) to be appropriated
.........................................................(+)/(-)Profit (loss) to be appropriated
Profit (loss) to be carried forward
Transfers from capital and reserves ..........................................................
...............................................
.........................................................................................
to capital and share premium account .....................................................
to the legal reserve ..................................................................................
Transfers to capital and reserves ..............................................................
to other reserves .....................................................................................
Profit (loss) to be carried forward .....................................................(+)/(-)
Owner's contribution in respect of losses ..............................................
Other beneficiaries ..................................................................................
Dividends ..................................................................................................
Director's or manager's entitlements .........................................................
Profit to be distributed ...............................................................................
.......................................................(+)/(-)
...................................................(+)/(-)
Nr. 0220.764.971 C 5.2.1
Codes Period Previous period
RESEARCH AND DEVELOPMENT COSTS
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
STATEMENT OF INTANGIBLE FIXED ASSETS
678.312,40
678.312,40
135.662,47
135.662,47
542.649,93
8031
8041
8051
8121P
8071
8051P
8021
8091
8101
8081
8121
210
8111
Acquisitions, including produced fixed assets .......................................
Acquisition value at the end of the period
Movements during the period
Transfers from one heading to another ....................................... (+)/(-)
Sales and disposals ..............................................................................
..............................................
Acquisition value at the end of the period ..............................................
Recorded ..............................................................................................
Depreciation and amounts written down at the end of the period .......
Written back ........................................................................................
Acquisitions from third parties ..............................................................
Cancelled owing to sales and disposals ................................................
Depreciation and amounts written down at the end of the period .........
NET BOOK VALUE AT THE END OF THE PERIOD ..................................
Transfers from one heading to another ....................................... (+)/(-)
Movements during the period
Nr. 0220.764.971 C 5.2.2
Codes Period Previous period
CONCESSIONS, PATENTS, LICENCES, KNOWHOW, BRANDS AND SIMILAR RIGHTS
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
2.089.957,91
2.089.957,91
85.617,03
418.007,31
1.757.567,63
85.617,03
418.007,31
1.757.567,63
8032
8042
8052
8122P
8072
8052P
8022
8092
8102
8082
8122
211
8112
Acquisitions, including produced fixed assets .......................................
Acquisition value at the end of the period
Movements during the period
Transfers from one heading to another ....................................... (+)/(-)
Sales and disposals ..............................................................................
..............................................
Acquisition value at the end of the period ..............................................
Recorded ..............................................................................................
Depreciation and amounts written down at the end of the period .......
Cancelled owing to sales and disposals ................................................
Depreciation and amounts written down at the end of the period .........
NET BOOK VALUE AT THE END OF THE PERIOD ..................................
Transfers from one heading to another ....................................... (+)/(-)
Movements during the period
Written back ........................................................................................
Acquisitions from third parties ..............................................................
Nr. 0220.764.971 C 5.3.1
Codes Period Previous period
Acquisition value at the end of the period
Acquisition value at the end of the period
STATEMENT OF TANGIBLE FIXED ASSETS
.............................................. xxxxxxxxxxxxxxx
..............................................
Depreciation and amounts written down at the end of the period
.....................................
Cancelled ..............................................................................................
.......
xxxxxxxxxxxxxxx
LAND AND BUILDINGS
Revaluation surpluses at the end of the period
Movements during the period
Revaluation surpluses at the end of the period .....................................
xxxxxxxxxxxxxxx
.......
16.992.063,20
2.885.924,32
774.543,49
478,97
17.766.127,72
8.266,75
-75.850,35
2.818.340,72
321.173,09
106.250,83
-75.850,35
4.718.705,30
15.865.763,14
4.367.131,73
8171
8181
8191
8251P
8211
8191P
8161
8231
8241
8221
8321P
8271
8251
8281
8301
8311
8291
8321
(22)
Cancelled owing to sales and disposals ................................................
Recorded ..............................................................................................
Transfers from one heading to another ........................................(+)/(-)
Acquisitions, including produced fixed assets .......................................
Movements during the period
Transfers from one heading to another ....................................... (+)/(-)
Sales and disposals ..............................................................................
Recorded ..............................................................................................
Transfers from one heading to another ........................................(+)/(-)
Depreciation and amounts written down at the end of the period
NET BOOK VALUE AT THE END OF THE PERIOD ..................................
Movements during the period
Written back ........................................................................................
Acquisitions from third parties ..............................................................
Acquisitions from third parties ..............................................................
Nr. 0220.764.971 C 5.3.2
Codes Period Previous period
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
PLANT, MACHINERY AND EQUIPMENT
xxxxxxxxxxxxxxx
770.608.204,72
91.337.379,74
9.802.437,63
852.143.146,83
274.786.805,99
15.519.285,67
-4.584.943,86
285.721.147,80
23.502.971,99
25.438.857,37
6.675.420,17
-4.584.943,86
447.899.205,81
689.965.088,82
410.217.740,48
8172
8182
8192
8252P
8212
8192P
8162
8232
8242
8222
8322P
8272
8252
8282
8302
8312
8292
8322
(23)
Acquisition value at the end of the period
Acquisition value at the end of the period
..............................................
..............................................
Depreciation and amounts written down at the end of the period
.....................................
Cancelled ..............................................................................................
.......
Revaluation surpluses at the end of the period
Movements during the period
Revaluation surpluses at the end of the period .....................................
.......
Cancelled owing to sales and disposals ................................................
Recorded ..............................................................................................
Transfers from one heading to another ........................................(+)/(-)
Acquisitions, including produced fixed assets .......................................
Movements during the period
Transfers from one heading to another ....................................... (+)/(-)
Sales and disposals ..............................................................................
Recorded ..............................................................................................
Transfers from one heading to another ........................................(+)/(-)
Depreciation and amounts written down at the end of the period
NET BOOK VALUE AT THE END OF THE PERIOD ..................................
Movements during the period
Written back ........................................................................................
Acquisitions from third parties ..............................................................
Acquisitions from third parties ..............................................................
Nr. 0220.764.971 C 5.3.3
Codes Period Previous period
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
FURNITURE AND VEHICLES
xxxxxxxxxxxxxxx
25.295.783,56
273.205,81
3.506.448,07
1.072.391,31
451,97
-5.701,20
267.956,58
2.150.993,30
19.666.314,53
451.249,72
1.062.841,96
-5.701,20
21.200.014,39
6.797.782,51
8173
8183
8193
8253P
8213
8193P
8163
8233
8243
8223
8323P
8273
8253
8283
8303
8313
8293
8323
(24)
27.729.840,32
Acquisition value at the end of the period
Acquisition value at the end of the period
..............................................
..............................................
Depreciation and amounts written down at the end of the period
.....................................
Cancelled ..............................................................................................
.......
Revaluation surpluses at the end of the period
Movements during the period
Revaluation surpluses at the end of the period .....................................
.......
Cancelled owing to sales and disposals ................................................
Recorded ..............................................................................................
Transfers from one heading to another ........................................(+)/(-)
Acquisitions, including produced fixed assets .......................................
Movements during the period
Transfers from one heading to another ....................................... (+)/(-)
Sales and disposals ..............................................................................
Recorded ..............................................................................................
Transfers from one heading to another ........................................(+)/(-)
Depreciation and amounts written down at the end of the period
NET BOOK VALUE AT THE END OF THE PERIOD ..................................
Movements during the period
Written back ........................................................................................
Acquisitions from third parties ..............................................................
Acquisitions from third parties ..............................................................
Nr. 0220.764.971 C 5.3.5
Codes Period Previous period
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
OTHER TANGIBLE FIXED ASSETS
xxxxxxxxxxxxxxx
1.672.851,00
94.204,23
1.767.055,23
501.855,30
176.705,52
28.261,27
706.822,09
1.060.233,14
8175
8185
8195
8255P
8215
8195P
8165
8235
8245
8225
8325P
8275
8255
8285
8305
8315
8295
8325
(26)
Acquisition value at the end of the period
Acquisition value at the end of the period
..............................................
..............................................
Depreciation and amounts written down at the end of the period
.....................................
Cancelled ..............................................................................................
.......
Revaluation surpluses at the end of the period
Movements during the period
Revaluation surpluses at the end of the period .....................................
.......
Cancelled owing to sales and disposals ................................................
Recorded ..............................................................................................
Transfers from one heading to another ........................................(+)/(-)
Acquisitions, including produced fixed assets .......................................
Movements during the period
Transfers from one heading to another ....................................... (+)/(-)
Sales and disposals ..............................................................................
Recorded ..............................................................................................
Transfers from one heading to another ........................................(+)/(-)
Depreciation and amounts written down at the end of the period
NET BOOK VALUE AT THE END OF THE PERIOD ..................................
Movements during the period
Written back ........................................................................................
Acquisitions from third parties ..............................................................
Acquisitions from third parties ..............................................................
Nr. 0220.764.971 C 5.4.2
Codes Period Previous period
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
OTHER ENTERPRISES LINKED BY PARTICIPATING INTERESTS -PARTICIPATING INTERESTS AND SHARES
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
17.558.389,62
34.563,39
16.825.260,17
767.692,84
767.692,84
8372
8382
8392
8452P
8412
8392P
8362
8432
8442
8422
8522P
8472
8452
8482
8502
8512
8492
8522
8552P
8542
8582
8602
8612
8592
8622
8632
8552
(282)
283P
(283)
8652
Amounts written down et the end of the period .....................................
.....................................
Uncalled amounts at the end of the period .............................................
Movements during the period .........................................................(+)/(-)
NET BOOK VALUE AT THE END OF THE PERIOD ..................................
Additions ...............................................................................................
Repayments ..........................................................................................
Amounts written down ...........................................................................
Amounts written back ............................................................................
Exchange differences ..................................................................(+)/(-)
Other ...........................................................................................(+)/(-)
ACCUMULATED AMOUNTS WRITTEN OFF ON AMOUNTSRECEIVABLE AT THE END OF THE PERIOD ............................................
Acquisition value at the end of the period
Acquisition value at the end of the period
Cancelled ..............................................................................................
Revaluation surpluses at the end of the period
Movements during the period
Revaluation surpluses at the end of the period .....................................
Recorded ..............................................................................................
Transfers from one heading to another ........................................(+)/(-)
Acquisitions, including produced fixed assets .......................................
Movements during the period
Transfers from one heading to another ....................................... (+)/(-)
Sales and disposals ..............................................................................
..............................................
Movements during the period
Cancelled owing to sales and disposals ................................................
Recorded ..............................................................................................
Transfers from one heading to another ........................................(+)/(-)
Amounts written down at the end of the period
Uncalled amounts at the end of the period .............................................
NET BOOK VALUE AT THE END OF THE PERIOD ..................................
NET BOOK VALUE AT THE END OF THE PERIOD ..................................
Movements during the period
OTHER ENTERPRISES LINKED BY PARTICIPATING INTERESTS -AMOUNTS RECEIVABLE
..............................................
.....................................
Written back ........................................................................................
Acquisitions from third parties ..............................................................
Acquisitions from third parties ..............................................................
Nr. 0220.764.971 C 5.5.1
SHARE IN THE CAPITAL AND OTHER RIGHTS IN OTHER COMPANIES
INFORMATION RELATING TO THE SHARE IN THE CAPITAL
List of both enterprises in wich the enterprise holds a participating interest (recorded in the heading 28 of assets)and other enterprises in which the enterprise holds rights (recorded in the headings 28 and 50/53 of assets)in the amount of at least 10% of the capital issued.
NAME, full address of the REGISTEREDOFFICE and for the enterprise governed by
Belgian law, the COMPANY NUMBER
Shares held by
directly subsi-diaries
Number % %
Information from the most recent period forwhich annual accounts are available
Primaryfinancial
statement
Mone-taryunit
Capital and reserves Net result
(+) or (-)(in monetary units)
Eandis CVBA CALL 31/12/2008 EURBrusselsesteenweg 199 9090 MelleBelgium0477.445.084
20.405 0
38139 10,95 0,00
Nr. 0220.764.971 C 5.6
OTHER INVESTMENTS AND DEPOSIT, DEFFERED CHARGES AND ACCRUED INCOME (ASSETS)
Codes Period Previous period
Book value increased with the uncalled amount ....................................................
Falling due
Shares
Fixed income securities
Fixed income securities issued by credit institutions .............................................
INVESTMENTS: OTHER INVESTMENTS AND DEPOSITS
Uncalled amount ...................................................................................................
Fixed term deposit with credit institutions
less or up to one month ..................................................................................
over one year ..................................................................................................
between one month and one year ...................................................................
Other investments not yet shown seperately
8681
8682
52
8684
51
53
8686
8687
8688
8689
.......................................................................................................................
............................................................................................
.............................................................
.........................................................
Allocation of heading 490/1 of assets if the amount is significant.
DEFFERED CHARGES AND ACCRUED INCOME
Period
Deferred charges 31.203.531,01
Accrued income 34.403.371,59
Nr. 0220.764.971 C. 5.7
STATEMENT OF CAPITAL AND STRUCTURE OF SHAREHOLDINGS
STATEMENT OF CAPITAL
Social capital100P
(100)
XXXXXXXXXXXXXX 210.436.063,32
215.676.465,43
Codes Period Previous period
Issued capital at the end of the period ....................................................
Issued capital at the end of the period ....................................................
Codes Amounts Number of shares
Changes during the period:
5.240.402,11 178.838issuance of E-shares
Structure of the capitalDifferent categories of shares
130.853.554,00 4.608.136Shares Ae
79.582.509,32 2.593.434Shares Ag
3.068.408,43 108.057Shares Ee
2.171.993,68 70.781Shares Eg
8702
8703
XXXXXXXXXXXXXX 7.380.408
XXXXXXXXXXXXXX
Registered shares..................................................................................................
Bearer shares and/or dematerialized shares..........................................................
Capital not paid
CodesUncalledcapital
Capital called,but not paid
(101)
8712
XXXXXXXXXXXXXX
XXXXXXXXXXXXXX
Uncalled capital .......................................................................................
Capital called, but not paid ......................................................................
Shareholders having yet to pay up in full
Nr. 0220.764.971 C. 5.7
STATEMENT OF CAPITAL AND STRUCTURE OF SHAREHOLDINGS
PeriodCodes
8722
8731
8732
8721
8741
8740
8742
8746
8745
8747
8751
OWN SHARES
Held by the company itself
Amount of capital held
Number of shares held
Held by the subsidiaries
Amount of capital held
Number of shares held
Commitments to issue shares
Following the exercising of CONVERSION RIGHTS
Amount of outstanding convertible loans
Amount of capital to be subscribed
Corresponding maximum number of shares to be issued
Following the exercising of SUBSCRIPTION RIGHTS
Number of outstanding subscription rights
Amount of capital to be subscribed
Corresponding maximum number of shares to be issued
Authorized capital, not issued
......................................................................................................................
......................................................................................................................
......................................................................................................................
......................................................................................................................
........................................................................................
.................................................................................................
..............................................................
.....................................................................................
.................................................................................................
...............................................................
.................................................................................................................
PeriodCodes
8762
8771
8781
8761 48
Shared issued, not representing capital
Distribution
Number of shares held
Number of voting rights attached thereto
Allocation by shareholder
Number of shares held by the company itself
Number of shares held by its subsidairies
..................................................................................................................
........................................................................................
................................................................................
.....................................................................................
Nr. 0220.764.971 C 5.8
PROVISIONS FOR OTHER LIABILITIES AND CHARGES
Period
ALLOCATION OF THE HEADING 163/5 OF LIABILITIES IF THE AMOUNT IS CONSIDERABLE
Electricity 1.223.624,67
Gas 2.984.007,56
Nr. 0220.764.971 C 5.9
Codes Period
STATEMENT OF AMOUNTS PAYABLE, ACCRUED CHARGES AND DEFERREDINCOME
Leasing and other similar obligations ..................................................................................................
Advance payments received on contracts in progress ...............................................................................
Other loans .........................................................................................................................................
Suppliers .............................................................................................................................................
Bills of exchange payable ....................................................................................................................
Total amounts payable after more than one year, not more than one year
Trade debts ...............................................................................................................................................
Amounts payable after more than one year, between one and five years
Financial debts ..........................................................................................................................................
Subordinated loans .............................................................................................................................
Unsubordinated debentures ................................................................................................................
...............................................
Total amounts payable after more than one year, between one and five years
Amounts payable after more than one year, over five years
ANALYSIS BY CURRENT PORTIONS OF AMOUNTS INITIALLY PAYABLE AFTER MORETHAN ONE YEAR
Amounts payable after more than one year, not more than one year
Credit institutions ................................................................................................................................
Other amounts payable .............................................................................................................................
.......................................
Total amounts payable after more than one year, over five years .............................................................
8.741.463,39
8.741.463,39
8.741.463,39
113.169.539,98
104.412.819,98
8.756.720,00
113.169.539,98
192.527.473,01
192.527.473,01
192.527.473,01
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
Leasing and other similar obligations ..................................................................................................
Advance payments received on contracts in progress ...............................................................................
Other loans .........................................................................................................................................
Suppliers .............................................................................................................................................
Bills of exchange payable ....................................................................................................................
Trade debts ...............................................................................................................................................
Financial debts ..........................................................................................................................................
Subordinated loans .............................................................................................................................
Unsubordinated debentures ................................................................................................................
Credit institutions ................................................................................................................................
Other amounts payable .............................................................................................................................
Leasing and other similar obligations ..................................................................................................
Advance payments received on contracts in progress ...............................................................................
Other loans .........................................................................................................................................
Suppliers .............................................................................................................................................
Bills of exchange payable ....................................................................................................................
Trade debts ...............................................................................................................................................
Financial debts ..........................................................................................................................................
Subordinated loans .............................................................................................................................
Unsubordinated debentures ................................................................................................................
Credit institutions ................................................................................................................................
Other amounts payable .............................................................................................................................
Nr. 0220.764.971 C 5.9
Codes Period
Total amounts payable guaranteed by Belgian public authorities
Amounts payable guaranteed by real guarantees given or irrevocably promised by theenterprise on its own assets
.............................................................
Taxes
AMOUNTS PAYABLE GUARANTEED
Amounts payable guaranteed by Belgian public authorities
(headings 17 and 42/48 of liabilities)
Remuneration and social security ..............................................................................................................
Total amounts payable guaranteed by real guarantees given or irrevocably promised by theenterprise on its own assets...........................................................................................................................
AMOUNTS PAYABLE FOR TAXES, REMUNERATION AND SOCIAL SECURITY
(heading 450/3 of the liabilities)
Expired taxes payable .............................................................................................................................
Non expired taxes payable ........................................................................................................................
Estimated taxes payable ...........................................................................................................................
Remuneration and social security (heading 454/9 of the liabilities)
due to the National Office of Social Security ...............................................................................
Other amounts payable relating to remuneration and social security .........................................................
1.786.102,45
69.702,02
79,27
8931
8941
8951
8961
8921
8971
8981
8991
9001
9011
9051
9021
9061
8922
8932
8942
8952
8962
8972
8982
8992
9002
9022
9062
9012
9072
9073
450
9076
9077
9052
Taxes ..................................................................................................................................................
Remuneration and social security ....................................................................................................... 9042
9032
Other amounts payable .............................................................................................................................
Leasing and other similar obligations ..................................................................................................
Advance payments received on contracts in progress ...............................................................................
Other loans .........................................................................................................................................
Suppliers .............................................................................................................................................
Bills of exchange payable ....................................................................................................................
Trade debts ...............................................................................................................................................
Financial debts ..........................................................................................................................................
Subordinated loans .............................................................................................................................
Unsubordinated debentures ................................................................................................................
Credit institutions ................................................................................................................................
Other amounts payable .............................................................................................................................
Taxes, remuneration and social security ...................................................................................................
Leasing and other similar obligations ..................................................................................................
Advance payments received on contracts in progress ...............................................................................
Other loans .........................................................................................................................................
Suppliers .............................................................................................................................................
Bills of exchange payable ....................................................................................................................
Trade debts ...............................................................................................................................................
Financial debts ..........................................................................................................................................
Subordinated loans .............................................................................................................................
Unsubordinated debentures ................................................................................................................
Credit institutions ................................................................................................................................
Amount
Nr. 0220.764.971 C 5.9
Allocation of the heading 492/3 of liabilities if the amount is considerable
ACCRUED CHARGES AND DEFERRED INCOMEPeriod
Accrued charges 1.848.588,10
Deferred Income 371.157,39
Nr. 0220.764.971 C 5.10
OPERATING RESULTSCodes Period Previous period
OPERATING INCOMENet turnover
Broken down by categories of activity
Allocation into geographical markets
Total amount of subsidies and compensatory amounts obtained from publicauthorities ............................................................................................................ 740
Other operating income
OPERATING COSTS
9087
9086
9088
Employees recorded in the personnel register
Total number at the closing date ...........................................................................
Average number of employees calculated in full-time equivalents .........................
Number of actual worked hours .............................................................................
620
621
622
623
624
Remuneration and direct social benefits ...............................................................
Employers' social security contributions ................................................................
Personnel costs
Employers' premiums for extra statutory insurances .............................................
Other personnel costs ...........................................................................................
Old-age and widows' pensions ..............................................................................
Additions (uses and write-back) ................................................................. (+)/(-)
Stocks and contracts in progress
Provisions for pensions
Recorded .......................................................................................................
Written back ..................................................................................................
Amounts written off
Trade debtors
1.050.363,011.022.526,43
336.206,26 1.518.084,15
635
9110
9111
9112
9113
Recorded .......................................................................................................
Written back ..................................................................................................
Other charges ......................................................................................................
Provisions for risks and charges
Additions ..............................................................................................................
Uses and write-back ............................................................................................
Other operating charges
Taxes related to operation ...................................................................................
299.838,70 220.185,47
210.174,70
3.995.799,79
568.187,51
3.773.215,86
9115
9116
640
641/8
Hired temporary staff and persons placed at the enterprise's disposal
Charges to the enterprise ....................................................................................
9096
9097
9098
617
Total number at the closing date ..........................................................................
Average number calculated as full-time equivalents ............................................
Number of actual worked hours ...........................................................................
Nr. 0220.764.971 C 5.11
FINANCIAL AND EXTRAORDINARY RESULTS
Codes Period Previous periodFINANCIAL RESULTSOther financial income
Amount of subsidies granted by public authorities, credited to income for theperiod
Capital subsidies ...........................................................................................
Interest subsidies .......................................................................................... 9126
9125
Allocation of other financial income
Financial discount on cash payments 48.978,55 47.566,32
Divers 9,02 14,37Amounts written down off loan issue expenses and repayment premiums
Value adjustments to current assets
Amount of the discount borne by the enterprise, as a result of negotiatingamounts receivable ..............................................................................................
Appropriations ......................................................................................................
Uses and write-backs ...........................................................................................
Provisions of a financial nature
Other financial charges
Appropriations ......................................................................................................
Write-backs .........................................................................................................
Interests recorded as assets 6503
6501
6511
6510
6561
6560
653
.......
..................................................................................
PeriodEXTRAORDINARY RESULTS
Allocation other extraordinary income
Allocation other extraordinary charges
Bonus/malus 2008 electricity activities 10.890,49
Bonus/malus 2008 gas activities 3.859,43
Nr. 0220.764.971 C 5.12
INCOME TAXES AND OTHER TAXES
PeriodCodes
INCOME TAXEIncome taxes on the result of the current period
Income taxes paid and withholding taxes due or paid ...............................................................................
Income taxes on previous periods
Taxes and withholding taxes due or paid ...................................................................................................
Excess of income tax prepayments and withholding taxes recorded under assets ....................................
Estimated additional taxes ........................................................................................................................
Estimated additional taxes estimated or provided for ................................................................................
447.668,49
400.505,96
47.162,53
9135
9134
9137
9136
9139
9138
9140
In so far as income taxes of the current period are materially affected by differences between theprofit before taxes, as stated in the annual accounts, and the estimated taxable profit
An indication of the effect of extraordinary results on the amount of income taxes relating to thecurrent period
PeriodCodes
Status of deferred taxes
Deferred taxes representing assets ...........................................................................................................
Accumulated tax losses deductible from future taxable profits ............................................................ 9142
9141
Other deferred taxes representing assets
9144Deferred taxes representing liabilities ........................................................................................................
Allocation of deferred taxes representing liabilities
Codes Period Previous Period
THE TOTAL AMOUNT OF VALUE ADDED TAX AND TAXES BORNE BY THIRDPARTIES
The total amount of value added tax charged
To the enterprise (deductible) ..............................................................................
By the enterprise ..................................................................................................
Amounts retained on behalf of third parties for
Payroll withholding taxes ......................................................................................
Withholding taxes on investment income .............................................................
42.184.153,49
58.805.573,58
37.793.877,26
52.415.750,75
26.785,39
1.706.046,67 2.642.018,04
28.821,43
9146
9145
9148
9147
Nr. 0220.764.971 C 5.13
RIGHTS AND COMMITMENTS NOT REFLECTED IN THE BALANCE SHEET
Code Period
Bills of exchange in circulation drawn or guaranteed by the enterprise ......................................................
Maximum amount for which other debts or commitments of third parties are guaranteed by theenterprise ..................................................................................................................................................
819.028,00
9150
9149
9153
9151
9161
9191
9171
9201
9181
9162
9172
9192
9182
9202
PERSONAL GUARANTEES GIVEN OR IRREVOCABLY PROMISED BY THE ENTERPRISEAS SECURITY FOR DEBTS AND COMMITMENTS OF THIRD PARTIES
Of which
Bills of exchange in circulation endorsed by the enterprise .......................................................................
......................................
Real guarantees given or irrevocably promised by the enterprise on its own assets as a security ofdebts and commitments from the enterprise
Amount of registration ..........................................................................................................................
Real guarantees given or irrevocably promised by the enterprise on its own assets as asecurity of debts and commitments from third parties
Mortgages
Book value of the immovable proporties mortgaged .............................................................................
REAL GUARANTEES
Pledging on goodwill - amount of registration .............................................................................................
Pledging of other assets - Book value of other assets pledged
Guarantees provided on future assets - Amount of assets involved
Mortgages
Book value of the immovable proporties mortgaged .............................................................................
Amount of registration ..........................................................................................................................
.................................................................
Pledging on goodwill - amount of registration .............................................................................................
Pledging of other assets - Book value of other assets pledged .................................................................
..........................................................
Guarantees provided on future assets - Amount of assets involved ..........................................................
GOODS AND VALUES, NOT DISCLOSED IN THE BALANCE SHEET, HELD BY THIRDPARTIES IN THEIR OWN NAME BUT AT RISK TO AND FOR THE BENEFIT OF THEENTERPRISE
Recharges of budget meters - payments to be received 12.329,73
SUBSTANCIAL COMMITMENTS TO ACQUIRE FIXED ASSETS
Purchase commitments (cabin) 45.665,00
SUBSTANCIAL COMMITMENTS TO DISPOSE FIXED ASSETS
Sale of site 1.070.000,00
FORWARD TRANSACTIONSGoods purchased (to be received)
Goods sold (to be delivered)
Currencies sold (to be delivered)
Currencies purchased (to be received)
9213
9216
9214
9215
................................................................................................................
.........................................................................................................................
........................................................................................................
..................................................................................................................
INFORMATION RELATING TO TECHNICAL GUARANTEES, IN RESPECT OF SALES OR SERVICES
INFORMATION CONCERNING IMPORTANT LITIGATION AND OTHER COMMITMENTS NOT MENTIONED ABOVEPart of the ongoing projects (unbundling programmes, low/high calorific gas, portfolio, smart meters/grids and clearing house) chargeable toIntergem: 7.012.173,51.In the framework of the Multicurrency Treasury Bill Programme to finance the working capital and the investments of the mission chargedassociations, Intergem has given a mandate to Eandis CVBA to conclude with Dexia Bank België nv on the issuance of a Commercial Paperof Eandis , for the account of the various Distribution System Operators, amounting to 522.000.000,00 EUR. All mixed Distribution SystemOperators jointly guarantee vis à vis each holder of a commercial paper issued by Eandis, to repay at first demand each amount related to
Nr. 0220.764.971 C 5.13
RIGHTS AND COMMITMENTS NOT REFLECTED IN THE BALANCE SHEET
INFORMATION CONCERNING IMPORTANT LITIGATION AND OTHER COMMITMENTS NOT MENTIONED ABOVEeach commercial paper and to the global maximum amount of the commercial paper of 522.000.000,00 EUR.The off-balance sheet rights and commitments mention the actualized value (44.042.700,00 EUR) of future obligations to the Eandis staff(concerning pension, reimbursement of healthcare costs, tariff benefits, jubilee bonuses). A bank guarantee has been offered in favour of OVAM amounting to 2.091.124,00 EUR as assurance for the accomplishment of soilanalysis and/or rehabilitation.A bank guarantee has been offered in favour of the CREG amounting to 1.500,00 EUR to cover for the charges of the federal contributioncredited by Intergem to their social customers.In the framework of the short term Credit Programme in the form of a revolving credit amounting to 500.000.000,00 EUR, of which210.000.000,00 EUR was taken up by the end of 2009, by Eandis CVBA to finance the working capital and the investments of the missioncharged associations (Distribution System Operators), each Distribution System Operator acts for its share but vis à vis third parties theDistribution System Operators are jointly responsible. The Distribution System Operators are severally responsible vis à vis each other for thepayment commitments to this mandate.
IF THEREIS A SUPPLEMENTARY RETIREMENTS OR SURVIVOR'S PENSION PLAN IN FAVOUR OF THE PERSONNELOR THE EXECUTIVES OF THE ENTERPRISE, A BRIEF DESCRIPTION OF SUCH PLAN OF THE MEASURES TAKEN BYTHE ENTERPRISE TO COVER THE RESULTING CHARGES
PENSIONS FUNDED BY THE ENTERPRISE
Estimated amount of the commitments resulting for the enterprise from past services
PeriodCode
9220.........................
Methods of estimation
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 isnecessary for assessing the financial position of the company; if required, the financial impact of these arrangements have to bementioned too:
Nr. 0220.764.971 C 5.14
RELATIONSHIPS WITH AFFILIATED ENTERPRISES AND ENTERPRISES LINKED BY PARTICIPATINGINTERESTS
Codes Period Previous periodAFFILIATED ENTERPRISES
Investments ............................................................................................................
ENTERPRISES LINKED BY PARTICIPATING INTERESTS
Provided or irrevocably promised by affiliated enterprises as security for debts orcommitments of the enterprise ...............................................................................
Amounts receivable subordinated ...........................................................................
................................................................................................Financial fixed assets
Other amounts receivable ......................................................................................
Amounts receivable ....................................................................................................
After one year .........................................................................................................
Within one year ........................................................................................................
Current investments
Shares ....................................................................................................................
..................................................................................................
Amounts receivable ................................................................................................
Amounts payable .......................................................................................................
Personal and real guarantees
Provided or irrevocably promised by the enterprise, as security for debts orcommitments of affiliated enterprises .....................................................................
Other substancial financial commitments ................................................................
Financial results
Income from financial fixed assets .........................................................................
Income from current assets ...................................................................................
Other financial income ...........................................................................................
Debts charges .......................................................................................................
Other financial charges ..........................................................................................
767.692,84
81.621.324,34
81.621.324,34
17.558.389,62
103.983.361,47
103.983.361,47
767.692,84 17.558.389,62
Gains and losses on disposal of fixed assets
Obtained capital gains
Obtained capital losses
...........................................................................................
..........................................................................................
(280/1)
(280)
9271
9281
9291
9301
9311
9321
9331
9351
9341
9361
9371
9381
9391
9401
9421
9431
9441
9461
9471
9481
9491
9362
9372
(282)
9272
9282
9292
9302
9352
(282/3)
9312
After one year .........................................................................................................
Within one year ......................................................................................................
Investments ............................................................................................................
Amounts receivable subordinated ...........................................................................
Financial fixed assets
Other amounts receivable ......................................................................................
Amounts receivable
After one year .........................................................................................................
Within one year ........................................................................................................
Amounts payable
After one year .........................................................................................................
Within one year ......................................................................................................
................................................................................................
...................................................................................................
.......................................................................................................
Nr. 0220.764.971 C 5.14
RELATIONSHIPS WITH AFFILIATED ENTERPRISES AND ENTERPRISES LINKED BY PARTICIPATINGINTERESTS
Period
TRANSACTIONS WITH RELATED PARTIES OUTSIDE NORMAL MARKET CONDITIONS
Mention of such operations if they are material, stating the amount of these transactions, the nature of therelationship with the related party and other information about the transactions necessary for theunderstanding of the financial position of the company:
See C 10
Nr. 0220.764.971 C 5.15
FINANCIAL RELATIONSHIPS WITH
DIRECTORS AND MANAGERS, INDIVIDUALS OR BODIES CORPORATE WHO CONTROLTHE ENTERPRISE WITHOUT BEING ASSOCIATED THEREWITH OR OTHER ENTERPRISESCONTROLLED BY THESE PERSONS, OTHER ENTERPRISES CONTROLLED BY THE SUBB. MENTIONED PERSONS WITHOUT BEING ASSOCIATED THEREWITH
PeriodCodes
Amounts receivable from these persons 9500
Conditions on amounts receivable
Guarantees provided in their favour 9501
Guarantees provided in their favour - Main condition
Other significant commitments undertaken in their favour 9502
Other significant commitments undertaken in their favour - Main condition
Amount of direct and indirect remunerations and pensions, included in the income statement, as longas this disclosure does not concern exclusively or mainly, the situation of a single identifiable person
To directors and managers .......................................................................................................................
To former directors and former managers ...............................................................................................
74.321,47
9504
9503
Codes Period
AUDITORS OR PEOPLE THEY ARE LINKED TO
Auditor's fees
Fees for exceptional services or special missions executed in the company by the auditor
Other attestation missions
Tax consultancy
Other missions external to the audit
1.638,90
725,00
9505
95061
95062
95063
...............................................................................................................................................
.......................................................................................................................
.......................................................................................................................................
.........................................................................................................
Fees for exceptional services or special missions executed in the company by people they are linked to
95081
95082
95083
Other attestation missions
Tax consultancy
Other missions external to the audit
.......................................................................................................................
.......................................................................................................................................
.........................................................................................................
Mention related to article 133 paragraph 6 from the Companies Code
Nr. 0220.764.971 C 7
VALUATION RULESSUMMARY OF MAJOR VALUATION POLICIES 1.�Off-balance sheet rights and commitments Bank guarantees offered by certain energy companies, as well as the DSO's portion in the actualized value of future obligations to theEandis staff are recognized in the out of balance items. Also the obligations relating to ongoing projects have been recognized. On the CREG's demand, a guarantee was offered relating topayments for the federal contribution and the charges of budget meters not yet paid for relating to the DSO's role as social supplier havealso been recognized. A bank guarantee on behalf of OVAM has been offered securing the execution of soil analyses and/or soilsanitations.Next, guarantees have been offered relating to the Commercial Paper programme, the revolving credit that had been granted, and a bankguarantee has been offered relating to the bank loans for the account of Eandis. 2.�Intangible fixed assets As of 2009 this section includes amounts relating to the introduction of smart meters, smart grids and clearing house.The amounts relating to the charges for the development and implementation of a new management system for the areas of works,supply chain and finance, which have already been fully amortized, have been recognized here.On 1 January 2009 the part of ex-IGAO has also been added for this purpose.The intangible fixed assets are amortized on a straight-line basis over a five year period. 3.�Tangible fixed assets Based on a technical inventory of the tangible fixed assets in combination with current unit prices, an economic reconstruction value(iRAB or initial Regulated Asset Base) has been determined.For the activity electricity this value was determined on 31 December 2001. As agreed by the CREG, this value was included in theaccounts and caused the recording of an (iRAB) surplus value.For the activity gas this value was determined on 31 December 2002, which resulted in a reconstruction value and a (iRAB) surplus value. Up until and including the reporting year 2006 depreciation was conforming to the guidelines laid down by the Flemish Tutelle Authority,as they had been applied earlier, but being different from the guidelines issued by the VREG.Due to the out of court settlement agreement with the CREG, signed on 1 October 2007 and ratified by the Flemish Minister of InternalAffairs, Urban Policy, Housing and Citizenship both the value of the tangible fixed assets on 31 December 2006 and the arrangementsrelating to the depreciation have been finally determined. Due to this agreement the value as per 1 January 2007 has been brought in line with the regulated asset value ratified by the CREG forthe activities electricity and gas. Due to the integration of the infrastructure on the territory of the communities belonging to the former DSO IGAO, the relevant RAB valuesas per 1 January 2009 have been recognized in the accounts of IMEA, Iveka and Intergem. These amounts include the iRAB surplusvalues. The value of the tangible fixed assets also fluctuates in function of:"�the addition of new investments at purchase or cost price including all directly attributable costs;"�the subtraction of intervention payments by third parties based on the relevant cost of purchase; (The sum of the above two elements gives an indication of the net cost of purchase.)"�the subtraction of the net book value (being the balance between the acquisition value and the cumulative depreciation) of disposedassets;"�the subtraction of the depreciation on the net value of purchase;The depreciation charges are determined as follows:2%�cables, lines, pipes and administrative buildings3%�cabins, stations, substations, connections and metering equipment10%�teleread meters and budget meters, optical fibres (for the accounting year 2007 at 5%) and teletransmission, central remote control,telecontrol and dispatching, CHP installations, lab equipment, tools and office furniture, other tangible fixed assets20% �vehicles�33% �IT hardwareLand is not depreciated.All infrastructure elements owned on 31 December, irrespective of their date of acquisition, are depreciated for a complete accountingyear."�the subtraction of the recording at the rate of 2% per year of the revaluation surpluses as present on 31 December 2006. This amount of liabilities is transferred from the revaluation values to the non-available reserves. Every four years the depreciation on the revaluation surpluses will be evaluated in relation to the actual surplus value relating to thedisposals and, if necessary, the currently used percentage will be adapted.�� 4.�Financial fixed assets These are recognized at cost of purchase. 5.��Amounts receivable after more than one year These receivables are recognized in the balance sheet at nominal value. 6.��Stocks and contracts in progress�
Nr. 0220.764.971 C 7
VALUATION RULESThe contracts in progress are stated at cost price. 7.�Amounts receivable within one year ��These receivables are recognized in the balance sheet at nominal value. The receivables related to works finished and services delivered, with the exception of claims for damages and the accounts receivablefrom municipalities, expired for more than six months and which have been entrusted to the Legal Department, are considered to bedoubtful. A write-down of 100 per cent (excluding VAT) is carried out for this purpose. The receivables from energy supplies within the framework of the distribution system operators' social public service obligations (SODV)have been recognized in the balance sheet at nominal value. The receivables from final invoices are considered to be doubtful if theyhave remained unpaid after expiry date in the following cases: bankruptcy, judicial settlement and judicial procedure. For thesereceivables a provision of 100 per cent (excluding VAT) is recognized for receivables below the limit amount to be fixed by the Board ofDirectors and for 80 per cent (excluding VAT) for all other cases.For all other expired SODV receivables a provision is recorded for 100 per cent of the unpaid amount (excluding VAT) if they are olderthan one year and have not been integrated into an agreed upon payment plan; these accounts receivable are thus considered to bedoubtful. If a receivable is expected to be is no longer collectible or if the collection costs exceed the amount of the receivable, the receivable isderecognized utilizing the provision for that purpose.The related VAT is recuperated if the necessary attestations can be obtained. In the framework of the full liberalization of the Flemish energy market on 1 July 2003, a provision for doubtful debts was recorded for allaccounts receivable older than six months on 31 December 2003 with regard to debtors. This additional provision is used in function of therealization of receipts on these accounts receivable or is used for the definitive write-off thereof. 8.�Complement to the annual charges for our public service obligations In the system of yearly meter readings, the consumption amounts of energy having been supplied but not yet billed are calculated involume on the basis of the total amounts of energy bought (allocation), less the consumption volumes billed related to the accounting yearunder consideration. This so-called non-registered consumption is valued making use of the actual invoices during the accounting year,adapted to the average billing parameters being applied during the accounting year. 9.�Accruals The deferred charges and accrued income comprise the management costs transferred by the operating company to the distributionsystem operator conforming to the relevant stipulations in the by-laws and/or board decisions and which correspond to the pensioncharges paid as lump sums for the benefit of the staff formerly attributed to the distribution activities on the territory of the distributionsystem operator. These costs are taken into the charges by the distribution system operator and are spread out over a maximum period oftwenty years, according to the principle of periodical matching of benefits and charges. As to the distribution grid fee, the CREG guarantees that the non-realized benefits can actually be integrated into the future tariffs thanksto the regulatory asset, which is recognized as a non-disputed receivable on the asset side of the balance sheet. The accrued charges and deferred income also include the interests on loans which have already been charged in the current accountingyear but which have to be paid in the course of the following year. 10.�Changes in the valuation policies None. 11.�Changes in the presentation None. 12.�Integration of ex-IGAO The participation of IMEA, Iveka and Intergem in IGAO and the contribution of IGAO shares in 2008 has been replaced as per 1 January2009 by the recognition of their part in ex-IGAO's split-up balance sheet.
Nr. 0220.764.971 C 10
ADDITIONAL INFORMATION
The Board of Directors determines that there are no objective or legal criteria to clearly define what is meant with transactions abovenormal market conditions as described in the Royal Decree of August 10, 2009.Therefore the Board of Directors has opted to disclose all substantial transactions with related parties in the notes. This approach is in linewith the international practice where all transactions with related parties need to be disclosed in the financial statements.Herewith an overview of all substantial transactions with related parties:A) recharge of distribution grid revenue����1.783.175,85 EURB) interests on cash pool activities�� �� 968.878,36 EURC) recharge of management invoices from Eandis to Intergem�120.741.269,80 EURD) purchase of net grid losses����� 7.151.444,08 EURE) purchase of energy for supply to social customers��2.158.467,10 EURF) green certificates sales����� 428.865,00 EUR