Company Profile
ACANTHE DEV.
Codes and classification
 ISIN  FR0000064602  Mnemo  ACAN  CFI  ESVUFB
 Market  EURONEXT PARIS - Euronext - Local Securities
 Type  Stock - Ordinary stock - Continuous  Compartment C (Small Caps)
ICB sectorial classification
Industry: 8000, Financials
SuperSector: 8600, Real Estate
Sector: 8670, Real Estate Investment Trusts
Subsector: 8671, Industrial & Office REITs
Activity

Acanthe Développement specializes in owning and managing business real estate properties located primarily in the central Paris business district. Revenues break down by type of assets as follows:
- offices (62.8%);
- hotels and suites (15.3%);
- commercial premises (14%);
- residences (7.9%).
At the end of 2010, the group's real estate holdings, with a market value of EUR364.5 million, had a total area of 87,073 m2, broken down by type of property into offices (47.3%), hotels and suites (33.1%), commercial premises (13.8%), residences (3.8%), and other (2%).
Source: COFISEM - Last update: 21/10/11
Key figures
Millenium 2010 2009 2008
Revenue* 12,980 14,106 15,050
Operating profit* 3,515 -18,030 -92,172
Net profit -181 -19,481 -97,346
Shareholder's equity 305,480 309,230 313,581
Total assets 422,500 419,790 413,049
Fiscal year end 12.10 12.09 12.08
Length of fiscal year (months) 12 12 12
Currency & Unit EUR - THOUSANDS EUR - THOUSANDS EUR - THOUSANDS
Account standards IFRS IFRS IFRS
Source: COFISEM -  Last update:  21/10/11
Address Calendars 
Acanthe Développement
2 rue de Bassano
75116 Paris
France
Phone number:+33 (0)1 56 52 45 00
Fax:+33 (0)1 53 23 10 11
http://www.acanthedeveloppement.com
Top management
Chairman and Chief Executive Officer Alain Edgard Louis Duménil
Deputy CEO Philippe Mamez
Chief Financial Officer Florence Souce
Source: COFISEM  - Last update: 21/10/11
Shareholders
Alain Dumenil 53.96 %
Company-owned shares 8.0 %
Paris Hôtel Roissy Vaugirard 6.0 %
Source: COFISEM  - Last update: 21/10/11
 

Some explanations on the accounts

Net profit:
The net (after tax) profit for the entire group as a whole. This includes the Group's share of the net profit, as well as the net profit for the minority interests.

IAS-IFRS standard
2005 accounts for companies listed on Eurolist are in the IAS-IFRS accounting standard. Companies listed on a regulated market are under the obligation to publish their 2005 aggregated accounts in the IAS-IFRS standard.

Data in IAS-IFRS standard
In the « Bank » sector, the « Net sales » corresponds to « Revenues » (or « Net sales »)
In the "Insurance" sector, the « Premiums» corresponds to the « Revenues » (or « Net sales »).
In the "Listed property trusts" sector, the « Gross rental income»corresponds to the « Revenues » (or « Net sales »).
In the "Société de Portefeuille" sector, the « Income» corresponds to the « Revenues » (or « Net sales »).

Data in local standard
*Those data are based on the Accounting standards in force in the "Industry" sector, excepted for some anglo-saxon listed companies which use "Operating profit" instead of "Operating income".
In the « Bank » sector, the « Net banking incomes » corresponds to « Revenues » (or « Net sales »).
In the "Insurance" sector, the « Premiums» corresponds to the « Revenues » (or « Net sales »).
In the other sectors with a specific activity, the « Investment revenues» corresponds to the « Revenues » (or « Net sales »), the « Operating income » to the « Operating profit ».