Louis Vuitton 2005 Annual Report Download - page 17

Download and view the complete annual report

Please find page 17 of the 2005 Louis Vuitton annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 80

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80

PASSIONATE ABOUT CREATIVITY
15
LVMH 2005 THE LVMH SHARE
CAPITAL STRUCTURE
(Euroclear France survey on bearer shares as
at December 31, 2005)
Groupe Arnault 47.5%
Treasury stock 3.9%
French institutional investors 17.1%
Foreign institutional investors 24.0%
including: United States 5.5%
United Kingdom 4.0%
Germany 3.5%
Switzerland 3.2%
Individuals 7.5%
MARKET CAPITALIZATION
Million euros
December 31, 2003 28,269
December 31, 2004 27,608
December 31, 2005 36,770
A PROGRESSING DIVIDEND
2005 2004 2003
Net dividend ()1.150.95 0.85
Growth for the year 21.1% 11.8% 6.3%
Payout ratio* 39% 39% 41%
* As a percentage of Group share of net profit in 2004 and 2005
and of net income before amortization of goodwill in 2003.
BREAKDOWN OF CAPITAL AND VOTING RIGHTS
at December 31, 2005
Number of shares Number of voting rights % of capital % of voting rights
Groupe Arnault 232,819,190 440,934,905 47.52% 63.87%
Others (1) 257,118,220 249,430,315 52.48% 36.13%
Total 489,937,410 690,365,220 100.00% 100.00%
(1) As at December 31, 2005, there were 19,293,947 non-voting shares of treasury stock.
The French
Shareholders’ Club—an
initiative to strengthen ties
Dedicated to individual French speaking
shareholders who show a special interest
in the life of the Group, the LVMH Shareholders’
Club gives its members a better understanding
of the Group, its businesses and its brands.
The magazine “Apartés”, published in French
for Club members, lets them order products
to be delivered to addresses in France,
subscribe at special rates to La Tribune, Investir,
Connaissance des Arts and Le Monde de la Musique
and to be special guests at certain sites adapted
for tours (caves and cellars) and benefit from
VIP passes to art exhibitions funded by LVMH
(“Klimt, Schiele, Moser, Kokoshka, Vienna 1900”
in 2005).
Contact information
Investor and Shareholder Relations
Tel.: 33 1 44 13 21 21
Fax : 33 1 44 13 21 19