1° The Company
History
Breakdown Sales
Swot Analysis of the company
2° Ownership Structure
Shareholding Structure
Major Share holders
3° Remuneration of the management
4° Financial Statements Evolution 2011/2012
Assets of the balance sheet
Consolidated Income Statement
5° Common size income statements
6° Financial Ratios
7° Cash cycle
8° Short Conclusion
9° Bibliography
1° the Company
Air Liquide S.A. is a French anonymous society as known as a limited company created in France in 1902, and didn’t stopped to innovate till today as the world first industrial and medical gas supplier. Operating in more than 80 different countries, the company is leading every departments of fabrication and innovation in gas.
History
Since the creation of, at first, a public limited company the November 8 1902, on the invention of Georges Claude of a new process to separate air from different components by liquefying it. The May 25 1902, Air Liquide created new technology and innovate to growth to become the greatest supplier of industrial, medical and liquid gas and all king of chemicals and biologics products on the world. After partnering up to 25 shares holders, the society didn’t stop to create and invent, but also to expand. From 1906, they start to export products to Europe as Belgium and Italy, but also in Asia like Hong Kong or Japan, and also America with invests in Canada. It’s a very early expansion all across the world, even if nobody could think that it would be a full success. That’s why in 1913 they done their IPO, and in almost 17 years, they cleared 15% of their debt passive. It became soon the 6th biggest society exchanged on the CAC 40.
Breakdown sales
As we can see, the first quarter of 2012, the society revenue is about 3,779 M€, also an increase of 6.7% compared to the 2011 first quarter1. On the same comparative analysis, the revenue as raise by 4,5%, without the 2,1% of the actual impact, like -0.5% of
Bibliography: 1 http://www.airliquide.com/file/otherelementcontent/pj/12/63/28/2a/2012_first_quarter_activity_r eport_en3007592160657072623.pdf 2 http://www.airliquide.com/file/otherelementcontent/pj/ff/7e/b6/39/shareholder_guide_97327667 3759457398.pdf 3 According to Forbes and La Tribune http://investing.businessweek.com/research/stocks/financials/ratios.asp?ticker=AI:FP http://www.airliquide.com/en/shareholders/publications-13/annual-report-and-referencedocument-11.html Analysis of the annual repport 2011