UCB — Audit Report / Information 2013

Mar 25, 2014

40				1	EUR
Nr.	Date of the deposition	No. 0403.053.608		PP. Е.	D.			$C$ 1.1
			ANNUAL ACCOUNTS IN EURO (2 decimals)
	NAME: UCB SA (ANGLAIS)
	Legal form: PLC
	Address: Allée de la Recherche						Nr.: 60
	Postal Code: 1070	City: Brussel 7
	Country: Belgium
	Register of Legal Persons (RLP) - Office of the commercial court at: Bruxelles
	Internet address *:
					Company number:		0403.053.608
DATE	11/13/2009 publication of the partnership deed and the act changing the articles of association.						of the deposition of the partnership deed OR of the most recent document mentioning the date of
	ANNUAL ACCOUNTS approved by the General Meeting of			4/24/2014
	concerning the financial year covering the period from		1/1/2013		till		12/31/2013
		Previous period from	1/1/2012		till		12/31/2012
	The amounts of the previous financial year are / are not ** identical to those which have been previously published.
	COMPLETE LIST WITH name, first name, profession, residence-address (address, number, postal code, municipality) and position with the enterprise, OF DIRECTORS, MANAGERS AND AUDITORS
	MAYR Garhard
	c/o UCB S.A. Allée de la Recherche 60, 1070 Brussel 7, Belgium
	Title : President of the board of directors
	JANSSEN Evelyn epse D. du MONCEAU de BERGENDAL
	Avenue des fleurs 14, 1150 Brussel 15, Belgium
	Title : Vice president of the board of directors
	DOLIVEUX Frédéric Roch
	Avenue Brassine 72, 1640 Sint-Genesius-Rode, Belgium
Title : Director
	DE GRAEVE Albrecht
	Sabtsweg 8, 8340 Damme, Belgium
	Title : Director
	Enclosed to these annual accounts:
of service:	Total number of pages deposited:	49 5.2.1, 5.2.4, 5.3.4, 5.5.2, 5.16, 5.17.2, 8, 9					Number of the pages of the standard form not deposited for not being
	Signature
	(name and position					(name and position)
	F.R. DOLIVEUX					G. MAYR

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

FELLNER Peter

c/o UCB S.A. Allée de la Recherche 60, 1070 Brussel 7, Belgium Title : Director

KINET Jean-Pierre

c/o UCB S.A. Allée de la Recherche 60, 1070 Brussel 7, Belgium Title : Director

McKILLOP Tom

c/o UCB S.A. Allée de la Recherche 60, 1070 Brussel 7, Belgium Title : Director

ORNSTEIN Norman J.

c/o UCB S.A. Allée de la Recherche 60, 1070 Brussel 7, Belgium Title : Director

de PRET Arnoud

c/o UCB S.A. Allée de la Recherche 60, 1070 Brussel 7, Belgium Title : Director

JANSSEN P. Bridget epse J. van RIJCKEVORSEL

Clos du soleil 6, 1150 Brussel 15, Belgium Title : Director

JANSSEN Charles-Antoine

Avenue Brunard 46, 1180 Brussel 18, Belgium Title : Director

EDELMAN Harriet

c/o UCB S.A. Allée de la Recherche 60, 1070 Brussel 7, Belgium Title : Director

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

PwC Réviseurs d'Entreprises SCCRL 0429.501.944

Woluwe Garden, Woluwedal 18, 1932 Sint-Stevens-Woluwe, Belgium

Title : Auditor, Number of membership : B00009

Represented by:

FOSSION Jean

Woluwedal 18 , 1932 Sint-Stevens-Woluwe, Belgium

Number of membership : A01235

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 not authorised by law pursuant to art. 34 and 37 of the Law of 22nd April 1999 concerning the auditing and tax professions.

The annual accounts have have not * / been audited or adjusted by an external accountant or auditor who is not a statutory auditor.

If YES, mention here after: name, first names, profession, residence-address of each external accountant or auditor, the number of membership with the professional Institute ad hoc and the nature of this engagement:

• A. Bookkeeping of the undertaking**,
• B. Preparing the annual accounts**,
• C. Auditing the annual accounts and/or
• D. Adjusting the annual accounts.

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 accountanttax consultant, his number of membership with the Professional Institute of Accountants and Tax consultants and the nature of this engagement.

Name, first name, profession, residence-address	Number of membership	Nature of the engagement (A, B, C and/or D)

^* Delete where appropriate.

^** Optional disclosure.

BALANCE SHEET

	Notes	Codes	Period	Previous period
ASSETS
FIXED ASSETS		20/28	7.258.210.876,65	7.024.820.139,57
Formation expenses	5.1	20	24.944.168,54	24.687.479,57
Intangible fixed assets	5.2	21	232.727,19	33.600,56
Tangible fixed assets	5.3	22/27	7.234.558,56	7.458.455,64
Land and buildings		22	5.731.298,20	5.776.935,20
Plant, machinery and equipment		23	376.274,84	293.308,10
Furniture and vehicles		24	817.964,37	988.171,66
Leasing and other similar rights		25
Other tangible fixed assets		26
Assets under construction and advance payments		27	309.021,15	400.040,68
	5.4/
Financial fixed assets	5.5.1	28	7.225.799.422,36	6.992.640.603,80
Affiliated enterprises	5.14	280/1	7.213.964.250,30	6.975.401.759,44
Participating interests		280	7.213.964.250,30	6.975.401.759,44
Amounts receivable		281
Other enterprises linked by participating interests	5.14	282/3	11.638.678,80	17.042.351,10
Participating interests		282	11.638.678,80	17.042.351,10
Amounts receivable		283
Other financial assets		284/8	196.493,26	196.493,26
Shares		284	196.493,26	196.493,26
Amounts receivable and cash guarantees		285/8
CURRENT ASSETS		29/58	2.323.251.827,73	2.149.005.670,93
Amounts receivable after more than one year		29	2.140.912.465,47	1.800.615.292,45
Trade debtors		290
Other amounts receivable		291	2.140.912.465,47	1.800.615.292,45
Stocks and contracts in progress		3
Stocks		30/36
Raw materials and consumables		30/31
Work in progress		32
Finished goods		33
Goods purchased for resale		34
Immovable property intended for sale		35
Advance payments		36
Contracts in progress	5.5.1/	37
Amounts receivable within one year	5.6	40/41	38.124.815,88	61.242.754,73
Trade debtors		40	32.664.912,32	34.478.669,09
Other amounts receivable		41	5.459.903,56	26.764.085,64
Current investments		50/53	117.410.501,14	147.120.119,91
Own shares		50	8.529.466,95	28.122.743,56
Other investments and deposits		51/53	108.881.034,19	118.997.376,35
Cash at bank and in hand		54/58	4.297.867,19	121.664.757,26
Deferred charges and accrued income	5.6	490/1	22.506.178,05	18.362.746,58
TOTAL ASSETS		20/58	9.581.462.704,38	9.173.825.810,50

Nr. 0403.053.608 C 2.2

EQUITY AND LIABILITIES	Notes	Codes	Period	Previous period
EQUITY		10/15	5.506.047.763,60	5.511.930.803,19
Capital	5.7	10	550.281.456,00	550.095.156,00
Issued capital		100	550.281.456,00	550.095.156,00
Uncalled capital		101
Share premium account		11	1.603.529.387,00	1.601.342.846,00
Revaluation surpluses Reserves		12 13	3.229.152.690,90	3.229.134.060,90
Legal reserve
Reserves not available		130 131	55.028.145,60 8.529.466,95	55.009.515,60 28.122.743,56
In respect of own shares held		1310	8.529.466,95	28.122.743,56
Other		1311
Untaxed reserves		132
Available reserves		133	3.165.595.078,35	3.146.001.801,74
Accumulated profits (losses) (+)/(-)		14	123.084.229,70	131.358.740,29
Investment grants		15
Advance to associates on the sharing out of the assets		19
PROVISIONS AND DEFERRED TAXES		16	54.789.005,42	56.958.425,80
Provisions for liabilities and charges		160/5	54.789.005,42	56.958.425,80
Pensions and similar obligations		160	2.309.859,00	2.309.859,00
Taxation		161
Major repairs and maintenance		162
Other liabilities and charges	5.8	163/5	52.479.146,42	54.648.566,80
Deferred taxes		168
AMOUNTS PAYABLE		17/49	4.020.625.935,36	3.604.936.581,51
Amounts payable after more than one year	5.9	17	2.187.450.957,35	2.096.417.420,62
Financial debts		170/4	2.150.000.000,00	2.050.000.000,00
Subordinated loans		170	300.000.000,00	300.000.000,00
Unsubordinated debentures		171	1.850.000.000,00	1.750.000.000,00
Leasing and other similar obligations		172
Credit institutions		173
Other loans		174
Trade debts		175
Suppliers		1750
Bills of exchange payable		1751
Advances received on contracts in progress		176
Other amounts payable		178/9	37.450.957,35	46.417.420,62
Amounts payable within one year		42/48	1.735.253.714,29	1.418.357.722,96
Current portion of amounts payable after more than one year falling due within one year	5.9	42	574.802.266,00	1.015.564.000,00
Financial debts		43	925.933.353,31	184.453.992,47
Credit institutions		430/8	732.547.273,31	278.492,47
Other loans		439	193.386.080,00	184.175.500,00
Trade debts		44	15.112.731,78	12.403.274,53
Suppliers		440/4	15.112.731,78	12.403.274,53
Bills of exchange payable		441
Advances received on contracts in progress		46
Taxes, remuneration and social security	5.9	45	8.007.142,34	6.288.825,14
Taxes		450/3
Remuneration and social security		454/9	8.007.142,34	6.288.825,14
Other amounts payable		47/48	211.398.220,86	199.647.630,82
Accrued charges and deferred income	5.9	492/3	97.921.263,72	90.161.437,93
TOTAL LIABILITIES		10/49	9.581.462.704,38	9.173.825.810,50

INCOME STATEMENT

	Notes	Codes	Period	Previous period
Operating income	5.10	70/74	61.370.148,36	46.044.951,93
Turnover		70
Increase (decrease) in stocks of finished goods, work and contracts in progress (+)/(-)		71
Own construction capitalised		72
Other operating income		74	61.370.148,36	46.044.951,93
Operating charges		60/64	87.055.300,70	87.438.813,63
Raw materials, consumables		60
Purchases		600/8
Decrease (increase) in stocks (+)/(-)		609
Services and other goods		61	34.837.262,17	31.714.871,20
Remuneration, social security costs and pensions (+)/(-)	5.10	62	47.579.138,26	42.907.257,31
Depreciation of and amounts written off formation expenses, intangible and tangible fixed assets		630	4.735.148,61	4.789.774,80
Amounts written down stocks, contracts in progress and trade debtors - Appropriations (write-backs) (+)/(-)	5.10	631/4
Provisions for risks and charges - Appropriations (uses and write-backs) (+)/(-)	5.10	635/7	-2.072.086,95	5.663.044,80
Other operating charges	5.10	640/8	1.975.838,61	2.363.865,52
Operation charges carried to assets as restructuring costs (-)		649
Operating profit (loss) (+)/(-)		9901	-25.685.152,34	-41.393.861,70
Financial income		75	409.923.459,86	478.485.856,31
Income from financial fixed assets		750	250.117.370,79	318.006.582,33
Income from current assets		751	149.521.929,55	125.726.224,46
Other financial income	5.11	752/9	10.284.159,52	34.753.049,52
Financial charges	5.11	65	184.523.246,61	203.467.029,52
Debt charges		650	179.143.767,57	180.564.335,73
Amounts written down on current assets except stocks, contracts in progress and trade debtors (+)/(-)		651	-4.830.769,35
Other financial charges		652/9	10.210.248,39	22.902.693,79
Gain (loss) on ordinary activities before taxes (+)/(-)		9902	199.715.060,91	233.624.965,09

	Codes	Period	Previous period
Extraordinary income	76	579.501,52	94.618.518,97
Write-back of depreciation and of amounts written down intangible and tangible fixed assets	760
Write-back of amounts written down financial fixed assets	761
Write-back of provisions for extraordinary liabilities and charges	762	579.501,52	269.601,35
Gains on disposal of fixed assets	763		94.348.917,62
Other extraordinary income	764/9
Extraordinary charges	66	5.885.840,39	3.370.732,50
Extraordinary depreciation of and extraordinary amounts written off formation expenses, intangible and tangible fixed assets	660
Amounts written down financial fixed assets	661	5.403.672,30	2.577.258,04
Provisions for extraordinary liabilities and charges - Appropriations (uses) (+)/(-)	662	482.168,09	579.501,52
Loss on disposal of fixed assets	663
Other extraordinary charges 5.11	664/8		213.972,94
Extraordinary charges carried to assets as restructuring costs (-)	669
Profit (loss) for the period before taxes (+)/(-)	9903	194.408.722,04	324.872.751,56
Transfer from postponed taxes	780
Transfer to postponed taxes	680
Income taxes 5.12	67/77	1.023.917,67	1.690.481,25
Income taxes	670/3	1.023.917,67	1.690.481,25
Adjustment of income taxes and write-back of tax provisions	77
Profit (loss) for the period (+)/(-)	9904	193.384.804,37	323.182.270,31
Transfer from untaxed reserves	789
Transfer to untaxed reserves	689
Profit (loss) for the period available for appropriation (+)/(-)	9905	193.384.804,37	323.182.270,31

APPROPRIATION ACCOUNT

Codes	Period	Previous period
9906	324.743.544,66	467.740.531,21
(9905)	193.384.804,37	323.182.270,31
14P	131.358.740,29	144.558.260,90
791/2
791
792
691/2	18.630,00	150.000.000,00
691
6920	18.630,00
6921		150.000.000,00
(14)	123.084.229,70	131.358.740,29
794
694/6	201.640.684,96	186.381.790,92
694	201.640.684,96	186.381.790,92
695
696

467.740.531,21 323.182.270,31 144.558.260,90

150.000.000,00

131.358.740,29

186.381.790,92 186.381.790,92

EXPLANATORY DISCLOSURES

STATEMENT OF FORMATION EXPENSES

	Codes	Period	Previous period
Net book value at the end of the period	20P	xxxxxxxxxxxxxxx
Movements during the period
New expenses incurred	8002
Depreciation	8003
Other (+)/(-)	8004
Net book value at the end of the period	(20)
Of which
Formation or capital increase expenses, loan issue expenses and other formation expenses Restructuring costs	200/2 204

	Codes	Period	Previous period
CONCESSIONS, PATENTS, LICENCES, KNOWHOW, BRANDS AND SIMILAR RIGHTS
Acquisition value at the end of the period	8052P	xxxxxxxxxxxxxxx	775.400,85
Movements during the period
Acquisitions, including produced fixed assets	8022	232.452,00
Sales and disposals	8032
Transfers from one heading to another (+)/(-)	8042
Acquisition value at the end of the period	8052	1.007.852,85
Depreciation and amounts written down at the end of the period	8122P	xxxxxxxxxxxxxxx	741.800,29
Movements during the period
Recorded	8072	33.325,37
Written back	8082
Acquisitions from third parties	8092
Cancelled owing to sales and disposals	8102
Transfers from one heading to another (+)/(-)	8112
Depreciation and amounts written down at the end of the period	8122	775.125,66
NET BOOK VALUE AT THE END OF THE PERIOD	211	232.727,19

	Codes	Period	Previous period
GOODWILL
Acquisition value at the end of the period	8053P	xxxxxxxxxxxxxxx	18.283.336,49
Movements during the period
Acquisitions, including produced fixed assets	8023
Sales and disposals	8033
Transfers from one heading to another (+)/(-)	8043
Acquisition value at the end of the period	8053	18.283.336,49
Depreciation and amounts written down at the end of the period	8123P	xxxxxxxxxxxxxxx	18.283.336,49
Movements during the period
Recorded	8073
Written back	8083
Acquisitions from third parties	8093
Cancelled owing to sales and disposals	8103
Transfers from one heading to another (+)/(-)	8113
Depreciation and amounts written down at the end of the period	8123	18.283.336,49
NET BOOK VALUE AT THE END OF THE PERIOD	212

STATEMENT OF TANGIBLE FIXED ASSETS

	Codes	Period	Previous period
LAND AND BUILDINGS
Acquisition value at the end of the period	8191P	xxxxxxxxxxxxxxx	6.210.715,47
Movements during the period
Acquisitions, including produced fixed assets	8161
Sales and disposals	8171
Transfers from one heading to another (+)/(-)	8181
Acquisition value at the end of the period	8191	6.210.715,47
Revaluation surpluses at the end of the period	8251P	xxxxxxxxxxxxxxx
Movements during the period
Recorded	8211
Acquisitions from third parties	8221
Cancelled	8231
Transfers from one heading to another (+)/(-)	8241
Revaluation surpluses at the end of the period	8251
Depreciation and amounts written down at the end of the period	8321P	xxxxxxxxxxxxxxx	433.780,27
Movements during the period
Recorded	8271	45.637,00
Written back	8281
Acquisitions from third parties	8291
Cancelled owing to sales and disposals	8301
Transfers from one heading to another (+)/(-)	8311
Depreciation and amounts written down at the end of the period	8321	479.417,27
NET BOOK VALUE AT THE END OF THE PERIOD	(22)	5.731.298,20

	Codes	Period	Previous period
PLANT, MACHINERY AND EQUIPMENT
Acquisition value at the end of the period	8192P	xxxxxxxxxxxxxxx	363.089,80
Movements during the period
Acquisitions, including produced fixed assets	8162	31.361,00
Sales and disposals	8172
Transfers from one heading to another (+)/(-)	8182	114.768,82
Acquisition value at the end of the period	8192	509.219,62
Revaluation surpluses at the end of the period	8252P	xxxxxxxxxxxxxxx
Movements during the period
Recorded	8212
Acquisitions from third parties	8222
Cancelled	8232
Transfers from one heading to another (+)/(-)	8242
Revaluation surpluses at the end of the period	8252
Depreciation and amounts written down at the end of the period	8322P	xxxxxxxxxxxxxxx	69.781,70
Movements during the period
Recorded	8272	63.163,08
Written back	8282
Acquisitions from third parties	8292
Cancelled owing to sales and disposals	8302
Transfers from one heading to another (+)/(-)	8312
Depreciation and amounts written down at the end of the period	8322	132.944,78
NET BOOK VALUE AT THE END OF THE PERIOD	(23)	376.274,84

	Codes	Period	Previous period
FURNITURE AND VEHICLES
Acquisition value at the end of the period	8193P	xxxxxxxxxxxxxxx	5.854.569,20
Movements during the period
Acquisitions, including produced fixed assets	8163	1.166,75
Sales and disposals	8173
Transfers from one heading to another (+)/(-)	8183	9.951,96
Acquisition value at the end of the period	8193	5.865.687,91
Revaluation surpluses at the end of the period	8253P	xxxxxxxxxxxxxxx
Movements during the period
Recorded	8213
Acquisitions from third parties	8223
Cancelled	8233
Transfers from one heading to another (+)/(-)	8243
Revaluation surpluses at the end of the period	8253
Depreciation and amounts written down at the end of the period	8323P	xxxxxxxxxxxxxxx	4.866.397,54
Movements during the period
Recorded	8273	181.326,00
Written back	8283
Acquisitions from third parties	8293
Cancelled owing to sales and disposals	8303
Transfers from one heading to another (+)/(-)	8313
Depreciation and amounts written down at the end of the period	8323	5.047.723,54
NET BOOK VALUE AT THE END OF THE PERIOD	(24)	817.964,37

	Codes	Period	Previous period
OTHER TANGIBLE FIXED ASSETS
Acquisition value at the end of the period	8195P	xxxxxxxxxxxxxxx	1.418.240,32
Movements during the period
Acquisitions, including produced fixed assets	8165
Sales and disposals	8175
Transfers from one heading to another (+)/(-)	8185
Acquisition value at the end of the period	8195	1.418.240,32
Revaluation surpluses at the end of the period	8255P	xxxxxxxxxxxxxxx
Movements during the period
Recorded	8215
Acquisitions from third parties	8225
Cancelled	8235
Transfers from one heading to another (+)/(-)	8245
Revaluation surpluses at the end of the period	8255
Depreciation and amounts written down at the end of the period	8325P	xxxxxxxxxxxxxxx	1.418.240,32
Movements during the period
Recorded	8275
Written back	8285
Acquisitions from third parties	8295
Cancelled owing to sales and disposals	8305
Transfers from one heading to another (+)/(-)	8315
Depreciation and amounts written down at the end of the period	8325	1.418.240,32
NET BOOK VALUE AT THE END OF THE PERIOD	(26)

	Codes	Period	Previous period
ASSETS UNDER CONSTRUCTION AND ADVANCED PAYMENTS
Acquisition value at the end of the period	8196P	xxxxxxxxxxxxxxx	400.040,68
Movements during the period
Acquisitions, including produced fixed assets	8166	33.701,25
Sales and disposals	8176
Transfers from one heading to another (+)/(-)	8186	-124.720,78
Acquisition value at the end of the period	8196	309.021,15
Revaluation surpluses at the end of the period	8256P	xxxxxxxxxxxxxxx
Movements during the period
Recorded	8216
Acquisitions from third parties	8226
Cancelled	8236
Transfers from one heading to another (+)/(-)	8246
Revaluation surpluses at the end of the period	8256
Depreciation and amounts written down at the end of the period	8326P	xxxxxxxxxxxxxxx
Movements during the period
Recorded	8276
Written back	8286
Acquisitions from third parties	8296
Cancelled owing to sales and disposals	8306
Transfers from one heading to another (+)/(-)	8316
Depreciation and amounts written down at the end of the period	8326
NET BOOK VALUE AT THE END OF THE PERIOD	(27)	309.021,15

STATEMENT OF FINANCIAL FIXED ASSETS

	Codes	Period	Previous period
AFFILIATED ENTERPRISES - PARTICIPATING INTERESTS AND SHARES
Acquisition value at the end of the period	8391P	xxxxxxxxxxxxxxx	7.012.348.470,32
Movements during the period
Acquisitions, including produced fixed assets	8361	243.025.720,22
Sales and disposals	8371	4.463.229,36
Transfers from one heading to another (+)/(-)	8381
Acquisition value at the end of the period	8391	7.250.910.961,18
Revaluation surpluses at the end of the period	8451P	xxxxxxxxxxxxxxx
Movements during the period
Recorded	8411
Acquisitions from third parties	8421
Cancelled	8431
Transfers from one heading to another (+)/(-)	8441
Revaluation surpluses at the end of the period	8451
Amounts written down at the end of the period	8521P	xxxxxxxxxxxxxxx	36.923.471,58
Movements during the period
Recorded	8471
Written back	8481
Acquisitions from third parties	8491
Cancelled owing to sales and disposals	8501
Transfers from one heading to another (+)/(-)	8511
Amounts written down at the end of the period	8521	36.923.471,58
Uncalled amounts at the end of the period	8551P	xxxxxxxxxxxxxxx	23.239,30
Movements during the period (+)/(-)	8541
Uncalled amounts at the end of the period	8551	23.239,30
NET BOOK VALUE AT THE END OF THE PERIOD	(280)	7.213.964.250,30
AFFILIATED ENTERPRISES - AMOUNTS RECEIVABLE
NET BOOK VALUE AT THE END OF THE PERIOD	281P	xxxxxxxxxxxxxxx
Movements during the period
Additions	8581
Repayments	8591
Amounts written down	8601
Amounts written back	8611
Exchange differences (+)/(-)	8621
Other (+)/(-)	8631
NET BOOK VALUE AT THE END OF THE PERIOD	(281)
ACCUMULATED AMOUNTS WRITTEN OFF ON AMOUNTS RECEIVABLE AT THE END OF THE PERIOD	8651

	Codes	Period	Previous period
OTHER ENTERPRISES LINKED BY PARTICIPATING INTERESTS - PARTICIPATING INTERESTS AND SHARES
Acquisition value at the end of the period	8392P	xxxxxxxxxxxxxxx	19.619.609,14
Movements during the period
Acquisitions, including produced fixed assets	8362
Sales and disposals	8372
Transfers from one heading to another (+)/(-)	8382
Acquisition value at the end of the period	8392	19.619.609,14
Revaluation surpluses at the end of the period	8452P	xxxxxxxxxxxxxxx
Movements during the period
Recorded	8412
Acquisitions from third parties	8422
Cancelled	8432
Transfers from one heading to another (+)/(-)	8442
Revaluation surpluses at the end of the period	8452
Amounts written down et the end of the period	8522P	xxxxxxxxxxxxxxx	2.577.258,04
Movements during the period
Recorded	8472	5.403.672,30
Written back	8482
Acquisitions from third parties	8492
Cancelled owing to sales and disposals	8502
Transfers from one heading to another (+)/(-)	8512
Amounts written down at the end of the period	8522	7.980.930,34
Uncalled amounts at the end of the period	8552P	xxxxxxxxxxxxxxx
Movements during the period (+)/(-)	8542
Uncalled amounts at the end of the period	8552
NET BOOK VALUE AT THE END OF THE PERIOD	(282)	11.638.678,80
OTHER ENTERPRISES LINKED BY PARTICIPATING INTERESTS - AMOUNTS RECEIVABLE
NET BOOK VALUE AT THE END OF THE PERIOD	283P	xxxxxxxxxxxxxxx
Movements during the period
Additions	8582
Repayments	8592
Amounts written down	8602
Amounts written back	8612
Exchange differences (+)/(-)	8622
Other (+)/(-)	8632
NET BOOK VALUE AT THE END OF THE PERIOD	(283)
ACCUMULATED AMOUNTS WRITTEN OFF ON AMOUNTS RECEIVABLE AT THE END OF THE PERIOD	8652

	Codes	Period	Previous period
OTHER ENTERPRISES - PARTICIPATING INTERESTS AND SHARES
Acquisition value at the end of the period	8393P	xxxxxxxxxxxxxxx	198.894,79
Movements during the period
Acquisitions, including produced fixed assets	8363
Sales and disposals	8373
Transfers from one heading to another (+)/(-)	8383
Acquisition value at the end of the period	8393	198.894,79
Revaluation surpluses at the end of the period	8453P	xxxxxxxxxxxxxxx
Movements during the period
Recorded	8413
Acquisitions from third parties	8423
Cancelled	8433
Transfers from one heading to another (+)/(-)	8443
Revaluation surpluses at the end of the period	8453
Amounts written down at the end of the period	8523P	xxxxxxxxxxxxxxx
Movements during the period
Recorded	8473
Written back	8483
Acquisitions from third parties	8493
Cancelled owing to sales and disposals	8503
Transfers from one heading to another (+)/(-)	8513
Amounts written down at the end of the period	8523
Uncalled amounts at the end of the period	8553P	xxxxxxxxxxxxxxx	2.401,53
Movements during the period (+)/(-)	8543
Uncalled amounts at the end of the period	8553	2.401,53
NET BOOK VALUE AT THE END OF THE PERIOD	(284)	196.493,26
OTHER ENTERPRISES - AMOUNTS RECEIVABLE
NET BOOK VALUE AT THE END OF THE PERIOD	285/8P	xxxxxxxxxxxxxxx
Movements during the period
Additions	8583
Repayments	8593
Amounts written down	8603
Amounts written back	8613
Exchange differences (+)/(-)	8623
Other (+)/(-)	8633
NET BOOK VALUE AT THE END OF THE PERIOD	(285/8)
ACCUMULATED AMOUNTS WRITTEN OFF ON AMOUNTS RECEIVABLE AT THE END OF THE PERIOD	8653

INFORMATION RELATING TO THE SHARE IN THE CAPITAL

SHARE IN THE CAPITAL AND OTHER RIGHTS IN OTHER COMPANIES

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.

		Shares held by		Information from the most recent period for which annual accounts are available
NAME, full address of the REGISTERED OFFICE and for the enterprise governed by Belgian law, the COMPANY NUMBER	directly		subsi diaries	Primary	Mone	Capital and reserves	Net result
	Number	%	%	financial statement	tary unit	(+) or (-) (in monetary units)
UCB Pharma PLC Allée de la Recherche 60 1070 Brussel 7 Belgium 0403.096.168				31/12/2013	EUR	592.041.652	40.788.086
Ordinary Shares SOCIETE FINANCIERE UCB SA PLC Rue Eugène Ruppert 12 2453 LUXEMBOURG Luxembourg	83443317 100,00		0,00	31/12/2013	EUR	114.797	6.813.674
Ordinary Shares UCB LUX S.A. PLC Rue Eugène 12 2453 LUXEMBOURG Luxembourg	32635 100,00		0,00	31/12/2013	EUR	3.995.102.844	-36.366.751
Parts UCB FINANCE SA PLC Lage Mosten 33 4822 NK BREDA Netherlands	132437183 100,00		0,00	31/12/2013	EUR	782.453.742	189.813.150
Parts UCB PHARMA FRANCE PLC Rue Estienne d'Orves 420 F 92700 COLOMBES France	538459 100,00		0,00	31/12/2013	EUR	106.232.878	13.903.315
Ordinary Shares VEDIM PHARMA SA PLC Paseo de la Castellana 141 28046 MADRID Spain	512597	92,94	7,06	31/12/2013	EUR	84.938.147	-1.541.578
Parts UCB JAPAN Co LTD FC Shinjuku Grand Tower, 8-17-1 Nishi-Shinjuku Shinjuku-ku, 160-0023, Tokyo Japan	1235167 100,00		0,00	31/12/2013	JPY	5.545.166.267	1.483.237.039
Parts	69980 100,00		0,00

SHARE IN THE CAPITAL AND OTHER RIGHTS IN OTHER COMPANIES

		Shares held by		Information from the most recent period for which annual accounts are available
NAME, full address of the REGISTERED OFFICE and for the enterprise governed by Belgian law, the COMPANY NUMBER	directly		subsi diaries	Primary	Mone	Capital and reserves	Net result
	Number	%	%	financial statement	tary unit	(+) or (-) (in monetary units)
UCB (INVESTMENTS) LTD PLC Bath Road 208 SLOUGH,SL1 3WE Berkshire United Kingdom				31/12/2013	GBP	957.080.099	-1.207.733
Parts	0		0,00 100,00
UCB DE MEXICO S.A. de C.V. FC Homero, 440 7° Floor Col. Chapultepec Morales, 11570 MEXICO Mexico				31/12/2013	MXN	-337.368	-36.163.085
Ordinary Shares UCB PHARMA A.E. (GREECE) PLC 63, Agiou Dimitriou Street 17456 Alimos Athens Greece	51449999 100,00		0,00	31/12/2013	EUR	4.282.736	529.291
Ordinary Shares UCB (PHARMA) IRELAND LTD PLC Unit Drug House, Magna Drive Magna Business Park, DUBLIN 24 Ireland	368013	99,85	0,15	31/12/2013	EUR	2.441.078	414.911
Parts KOREA UCB Co LTD FC 5th Fl. Grace Tower, 127, Teheran-ro Seoul 135-911 South Korea	59999 100,00		0,00	31/12/2013	KRW	14.938.123.011	1.030.451.157
Parts UCB TRADING (SHANGAI) CO LTD FC Room 317, No. 439 Fu Te Xi Yi Road Shanghai China	138666 100,00		0,00	31/12/2013	CNY	-33.609.312	-11.068.343
Parts UCB PHARMA A.S. (Turkey) FC Rüzgarlibaçe, Cumhuriyet Caddesi Gerçekler		1 100,00	0,00	31/12/2013	TRY	20.768.910	9.269.130
Sitesi B, kavacik/Beykoz, 34805 ISTANBUL Turkey
Parts	86813	7,93	92,07

SHARE IN THE CAPITAL AND OTHER RIGHTS IN OTHER COMPANIES

		Shares held by		Information from the most recent period for which annual accounts are available
NAME, full address of the REGISTERED OFFICE and for the enterprise governed by Belgian law, the COMPANY NUMBER	directly		subsi diaries	Primary	Mone	Capital and reserves	Net result
	Number	%	%	financial statement	tary unit	(+) or (-) (in monetary units)
UCB INDIA PRIVATE Ltd FC 504, Peninsula Corporate Park, Ganpatrao Kadam 4000013 MUMBAI India				31/12/2013	INR	262.764.733	75.982.930
Ordinary Shares UCB S.R.O (TCHEQUIE) SA PLC Thamova 13 18600 PRAHA 8 Czech Republic		3527 100,00	0,00	31/12/2013	CZK	79.462.547	2.394.484
Parts UCB GMBH PLC Alfred Nobelstrasse 10 D 40789 MONHEIM Germany	12300600 100,00		0,00	31/12/2013	EUR	698.534.293	22.114.028
Parts UCB HUNGARY LTD FC Obuda Gate Building, Arpad Fejelum utja 26-28 1023 BUDAPEST Hungary	12300600 100,00		0,00	31/12/2013	HUF	162.791.840	-5.380.833
Parts UCB PHARMA SP. z.o.o. (Poland) PLC Ul. kruczkowskego 8 00-380 WARSAWA Poland	148000000 100,00		0,00	31/12/2013	PLN	32.912.657	7.117.097
Ordinary Shares UCB Pharma LLC (Russia) FC Shturvalnaya str. bldg15 1253645 Moscow Russian Federation	236456	78,00	22,00	31/12/2013	RUB	64.749.927	83.858.122
OrdInary Shares UCB Bulgaria EOOD FC Lyubata Str. Fl4 1407 Lozenetz, Sofia Bulgaria		1 100,00	0,00	31/12/2013	BGN	387.439	382.439
Ordinary Shares		500 100,00	0,00

SHARE IN THE CAPITAL AND OTHER RIGHTS IN OTHER COMPANIES

NAME, full address of the REGISTERED		Shares held by			Information from the most recent period for which annual accounts are available
OFFICE and for the enterprise governed by Belgian law, the COMPANY NUMBER	directly		subsi diaries	Primary						Mone	Capital and reserves	Net result
	Number	%	%	financial statement	tary unit	(+) or (-) (in monetary units)
UCB Pharma Brasil Ltda FC Sete de Setembre 67, sala 301 2005000 Rio de Janeiro Brazil				31/12/2013	BRL	219.067.706	1.859.285
Parts UCB Pharma Romania FC 40-44 Banu Antonache, 4th fl., district 1 011665 Bucharest Romania	217897249 100,00		0,00	31/12/2013	RON	-500.808	-89.195
Ordinary Shares UCB Pharma Logistics LLC FC Shabolovka street 10 bldg 2 119048 Moscow Russian Federation	217897249 100,00		0,00	31/12/2013	RUB	-130.291.008	-140.935.021
Ordinary Shares Uni-Mediflex Private Limited FC 504, Peninsula Corporate Park Ganpatrao Kadam Marg 400013 Mumbay India		1 100,00	0,00	31/12/2013	INR	7.832.091	-15.000
Ordinary Shares Biotie Therapies Corp. FC Tykistökatu 6 20520 Turku Finland	290000 100,00		0,00	31/12/2012	EUR	6.600.330	-2.855.430
Ordinary Shares	41566710	9,00	0,00

OTHER INVESTMENTS AND DEPOSIT, DEFFERED CHARGES AND ACCRUED INCOME (ASSETS)

	Codes	Period	Previous period
INVESTMENTS: OTHER INVESTMENTS AND DEPOSITS
Shares	51	7.783,88	7.783,88
Book value increased with the uncalled amount	8681	7.783,88	7.783,88
Uncalled amount	8682
Fixed income securities	52
Fixed income securities issued by credit institutions	8684
Fixed term deposit with credit institutions	53
Falling due
less or up to one month	8686
between one month and one year	8687
over one year	8688
Other investments not yet shown seperately	8689	108.873.250,31	118.989.592,47

DEFFERED CHARGES AND ACCRUED INCOME

Allocation of heading 490/1 of assets if the amount is significant.

Period

STATEMENT OF CAPITAL AND STRUCTURE OF SHAREHOLDINGS

STATEMENT OF CAPITAL

Social capital

Issued capital at the end of the period
Issued capital at the end of the period

Codes	Period	Previous period
100P	XXXXXXXXXXXXXX	550.095.156,00
(100)	550.281.456,00

	Codes	Amounts	Number of shares
Changes during the period:
Ordinary shares		186.300,00	62.100
Structure of the capital Different categories of shares
Ordinary shares		550.281.456,00	183.360.006
Registered shares	8702	XXXXXXXXXXXXXX	66.402.161
Bearer shares and/or dematerialized shares	8703	XXXXXXXXXXXXXX	116.957.845

	Codes	Uncalled capital	Capital called, but not paid
Capital not paid
Uncalled capital	(101)		XXXXXXXXXXXXXX
Capital called, but not paid	8712	XXXXXXXXXXXXXX
Shareholders having yet to pay up in full

	Codes	Period
OWN SHARES
Held by the company itself
Amount of capital held	8721	1.919.391,00
Number of shares held	8722	639.797
Held by the subsidiaries
Amount of capital held	8731
Number of shares held	8732
Commitments to issue shares
Following the exercising of CONVERSION RIGHTS
Amount of outstanding convertible loans	8740
Amount of capital to be subscribed	8741
Corresponding maximum number of shares to be issued	8742
Following the exercising of SUBSCRIPTION RIGHTS
Number of outstanding subscription rights	8745
Amount of capital to be subscribed	8746
Corresponding maximum number of shares to be issued	8747
Authorized capital, not issued	8751

STATEMENT OF CAPITAL AND STRUCTURE OF SHAREHOLDINGS

	Codes	Period
Shared issued, not representing capital
Distribution
Number of shares held	8761
Number of voting rights attached thereto	8762
Allocation by shareholder
Number of shares held by the company itself	8771
Number of shares held by its subsidairies	8781

	Notiketions seedved pursuant to the law of May 2, 2007 on large shareholdings.
	Lest update: 18 January 2014			Dates of the and advance collection
Shore sughet		C 880, 281, 286		14 June 2013
	Total seminar of voting to denominate:	183,477,187
1	Rasselère de Tubize SA (Tubize]
	securities carry rg vot rg rights (shares)	66,370,000	36.18%	1 March 2012
	3 UCB SAINV
	sacurities carry ry wat ry ryhts (afares).	2,302,044	1.36%	15 January 2014
	ssair isted Energie, natrumente degliere; 17	6,146,638	3.35%	15 January 2014
	ssair istad Energy natruments (ather) 117	п	.	15 January 2014
	tatel	8,448,682	461%
в	UCB F par SA
	securities carry rg set rg rights (always).	1,705,664	0.03%	15 January 2014
	sult lited Insteam nitruments 11	п	0.00%	15 January 2014
	tæil	1,705.664	0.03%
4	Schwarz Vermögensverwe lung GmbH Co. 103 ( Schwerz')
	securities carry rg set rg rights (afares).	1,471,484	1.35%	1 Parch 2012
	Tubine + UCB 84/NV + UCB Piger 84 + Schwarz
	securities carry rg set rg rights (shares) + see mileted Snancial Instituments pr (Tukipe controls LECO SA/RN, which indirectly controls LECO Most SA ( art. 6, 10, 3*) and 9, [3, 24 of the sea on the discipative of large shareholdings]. (Tubian and Schwarz hand det and to be acting reconcess an. 6, 14 and 9, 13, 3" al the se or the disclosure of argo shouthedings!	78,005,750	43.OPM
	President P^2 (recur the carrying witing rights (shares))	110,874,040	60.74%
5	Cag tai Roomarch and Management Comgany (subsidiary of The Cag tai Group Companies Inc. 1
	securities carry rg vot rg rights (shares)	13,005,411	7.58%	8 January 2014
в	Nancuard Health Care Fund
	sacurities carry rg set rg rights (afares).	0,345,040	5.10%	12 June 2013

PROVISIONS FOR OTHER LIABILITIES AND CHARGES

ALLOCATION OF THE HEADING 163/5 OF LIABILITIES IF THE AMOUNT IS CONSIDERABLE

Provision - Various 482.168,09 Provision for Stock Options 39.179.810,44 Provision for Stock Awards 12.817.167,89

Period

Financial debts	8801	574.802.266,00
Subordinated loans	8811
Unsubordinated debentures	8821	574.802.266,00
Leasing and other similar obligations	8831
Credit institutions	8841
Other loans	8851
Trade debts	8861
Suppliers	8871
Bills of exchange payable	8881
Advance payments received on contracts in progress	8891
Other amounts payable	8901
Total amounts payable after more than one year, not more than one year	(42)	574.802.266,00
Amounts payable after more than one year, between one and five years
Financial debts	8802	1.300.000.000,00
Subordinated loans	8812	300.000.000,00
Unsubordinated debentures	8822	1.000.000.000,0
Leasing and other similar obligations	8832	0
Credit institutions	8842
Other loans	8852
Trade debts	8862
Suppliers	8872
Bills of exchange payable	8882
Advance payments received on contracts in progress	8892
Other amounts payable	8902	37.450.957,35
Total amounts payable after more than one year, between one and five years	8912	1.337.450.957,35
Amounts payable after more than one year, over five years
Financial debts	8803	850.000.000,00
Subordinated loans	8813
Unsubordinated debentures	8823	850.000.000,00
Leasing and other similar obligations	8833
Credit institutions	8843
Other loans	8853
Trade debts	8863
Suppliers	8873
Bills of exchange payable	8883
Advance payments received on contracts in progress	8893
Other amounts payable	8903
Total amounts payable after more than one year, over five years	8913	850.000.000,00

	Codes	Period
AMOUNTS PAYABLE GUARANTEED (headings 17 and 42/48 of liabilities)
Amounts payable guaranteed by Belgian public authorities
Financial debts	8921
Subordinated loans	8931
Unsubordinated debentures	8941
Leasing and other similar obligations	8951
Credit institutions	8961
Other loans	8971
Trade debts	8981
Suppliers	8991
Bills of exchange payable	9001
Advance payments received on contracts in progress	9011
Remuneration and social security	9021
Other amounts payable	9051
Total amounts payable guaranteed by Belgian public authorities	9061
Amounts payable guaranteed by real guarantees given or irrevocably promised by the enterprise on its own assets
Financial debts	8922
Subordinated loans	8932
Unsubordinated debentures	8942
Leasing and other similar obligations	8952
Credit institutions	8962
Other loans	8972
Trade debts	8982
Suppliers	8992
Bills of exchange payable	9002
Advance payments received on contracts in progress	9012
Taxes, remuneration and social security	9022
Taxes	9032
Remuneration and social security	9042
Other amounts payable	9052
Total amounts payable guaranteed by real guarantees given or irrevocably promised by the enterprise on its own assets	9062
AMOUNTS PAYABLE FOR TAXES, REMUNERATION AND SOCIAL SECURITY
Taxes (heading 450/3 of the liabilities)
Expired taxes payable	9072
Non expired taxes payable	9073
Estimated taxes payable	450
Remuneration and social security (heading 454/9 of the liabilities)
Amount due to the National Office of Social Security	9076
Other amounts payable relating to remuneration and social security	9077	8.007.142,34

Allocation of the heading 492/3 of liabilities if the amount is considerable ACCRUED CHARGES AND DEFERRED INCOME Period Interests accrued charges 40.396.847,68 Other accrued charges 289.182,61 Deferred income interests 57.235.233,43

OPERATING RESULTS

	Codes	Period	Previous period
OPERATING INCOME
Net turnover
Broken down by categories of activity
Allocation into geographical markets
Other operating income
Total amount of subsidies and compensatory amounts obtained from public authorities	740
OPERATING COSTS
Employees for whom the company has submitted a DIMONA declaration or are recorded in the general personnel register
Total number at the closing date	9086	119	112
Average number of employees calculated in full-time equivalents	9087	115,5	101,6
Number of actual worked hours	9088	172.323	156.223
Personnel costs
Remuneration and direct social benefits	620	18.163.634,24	21.642.301,64
Employers' social security contributions	621	4.458.099,65	3.906.316,07
Employers' premiums for extra statutory insurances	622	2.730.435,67	2.872.408,21
Other personnel costs	623	22.201.626,62	14.450.591,43
Old-age and widows' pensions	624	25.342,08	35.639,96
Provisions for pensions
Additions (uses and write-back) (+)/(-)	635		857.235,00
Amounts written off
Stocks and contracts in progress
Recorded	9110
Written back	9111
Trade debtors
Recorded	9112
Written back	9113
Provisions for risks and charges
Additions	9115		64.540.343,93
Uses and write-back	9116	2.072.086,95	58.877.299,13
Other operating charges
Taxes related to operation	640	1.969.298,65	2.076.782,62
Other charges	641/8	6.539,96	287.082,90
Hired temporary staff and persons placed at the enterprise's disposal
Total number at the closing date	9096
Average number calculated as full-time equivalents	9097	0,9	0,4
Number of actual worked hours	9098	1.866	781
Charges to the enterprise	617	60.667,00	21.921,00

FINANCIAL AND EXTRAORDINARY RESULTS

	Codes	Period	Previous period
FINANCIAL RESULTS
Other financial income
Amount of subsidies granted by public authorities, credited to income for the period
Capital subsidies	9125
Interest subsidies	9126
Allocation of other financial income
Realized exchange losses		10.284.159,52	7.834.336,64
Interests on financial instruments (Interest Rate Swap)			26.860.094,01
Realization of capital gains on current investments			58.618,87
Amounts written down off loan issue expenses and repayment premiums	6501	2.738.630,87	2.338.600,55
Intercalary interests recorded as assets	6503
Value adjustments to current assets
Appropriations	6510
Write-backs	6511	4.830.769,35
Other financial charges
Amount of the discount borne by the enterprise, as a result of negotiating amounts receivable	653
Provisions of a financial nature
Appropriations	6560
Uses and write-backs	6561
Allocation of other financial charges
Realized exchange losses		9.827.056,00	7.322.638,11
Bank Charges		323.192,39	230.105,80
Financial charges - various		60.000,00
Losses on disposal of equity securities			1.182.338,17
Interests on financial instruments (Interest Rate Swap)			9.336.842,36
Impairment on equity securities - Treasury shares			4.830.769,35

	Period
EXTRAORDINARY RESULTS
Allocation other extraordinary income
Allocation other extraordinary charges

	Codes	Period
INCOME TAXE
Income taxes on the result of the current period	9134	1.023.917,67
Income taxes paid and withholding taxes due or paid	9135	1.023.917,67
Excess of income tax prepayments and withholding taxes recorded under assets	9136
Estimated additional taxes	9137
Income taxes on previous periods	9138
Taxes and withholding taxes due or paid	9139
Estimated additional taxes estimated or provided for	9140
In so far as income taxes of the current period are materially affected by differences between the profit before taxes, as stated in the annual accounts, and the estimated taxable profit
Taxable provision		-6.702.626,63
Exempted dividends		-211.687.781,56
Foreign taxes		-1.023.917,67
Gain on disposal of shares		24.409.715,77
Others taxable expenses		595.888,05

An indication of the effect of extraordinary results on the amount of income taxes relating to the current period

	Codes	Period
Status of deferred taxes
Deferred taxes representing assets	9141	169.508.790,24
Accumulated tax losses deductible from future taxable profits	9142
Other deferred taxes representing assets
Exempted dividends		169.508.790,24
Deferred taxes representing liabilities	9144
Allocation of deferred taxes representing liabilities

THE TOTAL AMOUNT OF VALUE ADDED TAX AND TAXES BORNE BY THIRD PARTIES
The total amount of value added tax charged
To the enterprise (deductible)	9145	8.673.085,34	9.827.792,82
By the enterprise	9146	6.292.628,41	7.369.268,18
Amounts retained on behalf of third parties for
Payroll withholding taxes	9147	8.943.438,04	9.060.961,61
Withholding taxes on investment income	9148	15.756.656,29	14.868.312,05

Codes Period Previous Period

	Code	Period
PERSONAL GUARANTEES GIVEN OR IRREVOCABLY PROMISED BY THE ENTERPRISE AS SECURITY FOR DEBTS AND COMMITMENTS OF THIRD PARTIES	9149
Of which
Bills of exchange in circulation endorsed by the enterprise	9150
Bills of exchange in circulation drawn or guaranteed by the enterprise	9151
Maximum amount for which other debts or commitments of third parties are guaranteed by the enterprise	9153
REAL GUARANTEES
Real guarantees given or irrevocably promised by the enterprise on its own assets as a security of debts and commitments from the enterprise
Mortgages
Book value of the immovable proporties mortgaged	9161
Amount of registration	9171
Pledging on goodwill - amount of registration	9181
Pledging of other assets - Book value of other assets pledged	9191
Guarantees provided on future assets - Amount of assets involved	9201
Real guarantees given or irrevocably promised by the enterprise on its own assets as a security of debts and commitments from third parties
Mortgages
Book value of the immovable proporties mortgaged	9162
Amount of registration	9172
Pledging on goodwill - amount of registration	9182
Pledging of other assets - Book value of other assets pledged	9192
Guarantees provided on future assets - Amount of assets involved	9202
GOODS AND VALUES, NOT DISCLOSED IN THE BALANCE SHEET, HELD BY THIRD PARTIES IN THEIR OWN NAME BUT AT RISK TO AND FOR THE BENEFIT OF THE ENTERPRISE
SUBSTANCIAL COMMITMENTS TO ACQUIRE FIXED ASSETS
SUBSTANCIAL COMMITMENTS TO DISPOSE FIXED ASSETS
FORWARD TRANSACTIONS
Goods purchased (to be received)	9213
Goods sold (to be delivered)	9214
Currencies purchased (to be received)	9215	9.711.431,74
Currencies sold (to be delivered)	9216	9.711.431,74

INFORMATION RELATING TO TECHNICAL GUARANTEES, IN RESPECT OF SALES OR SERVICES

INFORMATION CONCERNING IMPORTANT LITIGATION AND OTHER COMMITMENTS NOT MENTIONED ABOVE

IF THEREIS A SUPPLEMENTARY RETIREMENTS OR SURVIVOR'S PENSION PLAN IN FAVOUR OF THE PERSONNEL OR THE EXECUTIVES OF THE ENTERPRISE, A BRIEF DESCRIPTION OF SUCH PLAN OF THE MEASURES TAKEN BY THE ENTERPRISE TO COVER THE RESULTING CHARGES

See Page C27/C28

RIGHTS AND COMMITMENTS NOT REFLECTED IN THE BALANCE SHEET

PENSIONS FUNDED BY THE ENTERPRISE

Estimated amount of the commitments resulting for the enterprise from past services

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 is necessary for assessing the financial position of the company; if required, the financial impact of these arrangements have to be mentioned too:

OTHER RIGHTS AND COMMITMENTS NOT REFLECTED IN THE BALANCE

Code	Period
9220

	Codes	Period	Previous period
AFFILIATED ENTERPRISES
Financial fixed assets	(280/1)	7.213.964.250,30	6.975.401.759,44
Investments	(280)	7.213.964.250,30	6.975.401.759,44
Amounts receivable subordinated	9271
Other amounts receivable	9281
Amounts receivable	9291	2.178.022.035,63	1.859.960.016,37
After one year	9301	2.140.911.865,47	1.800.614.692,42
Within one year	9311	37.110.170,16	59.345.323,95
Current investments	9321
Shares	9331
Amounts receivable	9341
Amounts payable	9351	6.651.281,93	1.017.066.569,79
After one year	9361
Within one year	9371	6.651.281,93	1.017.066.569,79
Personal and real guarantees
Provided or irrevocably promised by the enterprise, as security for debts or commitments of affiliated enterprises	9381
Provided or irrevocably promised by affiliated enterprises as security for debts or
commitments of the enterprise	9391
Other substancial financial commitments	9401
Financial results
Income from financial fixed assets	9421	250.117.370,79	318.006.582,33
Income from current assets	9431	126.547.887,25	123.941.376,95
Other financial income	9441
Debts charges Other financial charges	9461 9471	34.662.090,53	44.350.048,85
Gains and losses on disposal of fixed assets
Obtained capital gains	9481
Obtained capital losses	9491
ENTERPRISES LINKED BY PARTICIPATING INTERESTS
Financial fixed assets	(282/3)	11.638.678,80	17.042.351,10
Investments	(282)	11.638.678,80	17.042.351,10
Amounts receivable subordinated	9272
Other amounts receivable	9282
Amounts receivable	9292
After one year	9302
Within one year	9312
Amounts payable	9352
After one year	9362
Within one year	9372

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 the relationship with the related party and other information about the transactions necessary for the understanding of the financial position of the company:

Nil

	Codes	Period
DIRECTORS AND MANAGERS, INDIVIDUALS OR BODIES CORPORATE WHO CONTROL THE ENTERPRISE WITHOUT BEING ASSOCIATED THEREWITH OR OTHER ENTERPRISES CONTROLLED BY THESE PERSONS, OTHER ENTERPRISES CONTROLLED BY THE SUB B. MENTIONED PERSONS WITHOUT BEING ASSOCIATED THEREWITH
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 long as this disclosure does not concern exclusively or mainly, the situation of a single identifiable person
To directors and managers	9503	955.167,00
To former directors and former managers	9504	212.333,00

	Codes	Period
AUDITORS OR PEOPLE THEY ARE LINKED TO
Auditor's fees	9505	413.610,00
Fees for exceptional services or special missions executed in the company by the auditor
Other attestation missions	95061	101.000,00
Tax consultancy	95062
Other missions external to the audit	95063	23.858,00
Fees for exceptional services or special missions executed in the company by people they are linked to
Other attestation missions	95081
Tax consultancy	95082	15.000,00
Other missions external to the audit	95083	860,00

Mention related to article 133 paragraph 6 from the Companies Code

INFORMATION RELATING TO CONSOLIDATED ACCOUNTS

INFORMATION THAT MUST BE PROVIDED BY EACH COMPANY, THAT IS SUBJECT OF COMPANY LAW ON THE CONSOLIDATED ANNUAL ACCOUNTS OF ENTERPRISES

The enterprise has drawn up publiced a consolidated annual statement of accounts and a management report*

The enterprise has not published a consolidated annual statement of accounts and a management report, since it is exempt for this obligation for the following reason*

The enterprise and its subsidiaries on consolidated basis exceed not more than one of the limits mentioned in art. 16 of Company Law*

The enterprise itself is a subsidiary of an enterprise which does prepare and publish consolidated accounts, in which her yearly statement of accounts is included*

If yes, justification of the compliance with all conditions for exemption set out in art. 113 par. 2 and 3 of Company Law:

Name, full address of the registered office and, for an enterprise governed by Belgian Law, the company number of the parent company preparing and publishing the consolidated accounts required:

INFORMATION TO DISCLOSE BY THE REPORTING ENTERPRISE BEING A SUBSIDIARY OR A JOINT SUBSIDIARY

Name, full address of the registered office and, for an enterprise governed by Belgian Law, the company number of the parent company(ies) and the specification whether the parent company(ies) prepare(s) and publish(es) consolidated annual accounts in which the annual accounts of the enterprise are included**

If the parent company(ies) is (are) (an) enterprise(s) governed by foreign law disclose where the consolidated accounts can be obtained**

^* Delete where no appropriate.

^** Where the accounts of the enterprise are consolidated at different levels, the information should be given for the consolidated aggregate at the highest level on the one hand and the lowest level on the other hand of which the enterprise is a subsidiary and for which consolidated accounts are prepared and published.

SOCIAL REPORT

Numbers of joint industrial committees which are competent for the enterprise:

STATEMENT OF THE PERSONS EMPLOYED

EMPLOYEES FOR WHOM THE COMPANY HAS SUBMITTED A DIMONA DECLARATION OR ARE RECORDED IN THE GENERAL PERSONNEL REGISTER

During the period	Codes	Total	1. Men	2. Women
Average number of employees
Full-time	1001	96,4	45,6	50,8
Part-time	1002	16,9	3,0	13,9
Total of full-time equivalents (FTE)	1003	109,6	47,7	62,0
Number of hours actually worked
Full-time	1011	152.064	70.320	81.744
Part-time	1012	20.259	3.595	16.664
Total	1013	172.323	73.915	98.408
Personnel costs
Full-time	1021
Part-time	1022
Total	1023
Advantages in addition to wages	1033

During the previous period	Codes	P. Total	1P. Men	2P. Women
Average number of employees Number of hours actually worked	1003 1013	101,6 156.223	40,7 59.048	60,9 97.095
Personnel costs	1023	42.871.617,35	16.211.977,33	26.659.640,02
Advantages in addition to wages	1033

At the closing date of the period	Codes	1. Full-time	2. Part-time	3. Total in full-time equivalents
Number of employees	105	103	16	115,5
By nature of the employment contract
Contract for an indefinite period	110	98	15	110,1
Contract for a definite period	111	5	1	5,4
Contract for the execution of a specifically assigned work	112
Replacement contract	113
According to the gender and by level of education Male	120	49	3	51,1
primary education 1200
secondary education	1201
higher education (non-university)	1202	3	1	3,8
university education	1203	46	2	47,3
Female	121	54	13	64,4
primary education	1210
secondary education	1211	1	2	2,7
higher education (non-university)	1212	6	7	11,8
university education	1213	47	4	49,9
By professional category
Management staff	130	16		16,0
Employees	134	87	16	99,5
Workers	132
Other	133

HIRED TEMPORARY STAFF AND PERSONNEL PLACED AT THE ENTERPRISE'S DISPOSAL

Codes During the period		1. Temporary personnel	2. Persons placed at the disposal of the enterprise
Average number of employees	150	0,9
Number of hours actually worked	151	1.867
Charges of the enterprise	152	60.667,36

TABLE OF PERSONNEL CHANGES DURING THE PERIOD

ENTRIES	Codes	1. Full-time	2. Part-time	3. Total in full-time equivalents
The number of employees for whom the company has submitted a DIMONA declaration or are recorded in the personnel register during the financial year in the general personnel register	205	25	1	25,8
By nature of the employment contract
Contract for an indefinite period	210	25	1	25,8
Contract for a definite period	211
Contract for the execution of a specifically assigned work	212
Replacement contract	213

DEPARTURES	Codes	1. Full-time	2. Part-time	3. Total in full-time equivalents
The number of employees with a in the DIMONA declaration indicated or in the general personnel register listed date of termination of the contract during the financial year	305	17	2	18,7
By nature of the employment contract
Contract for an indefinite period	310	14	2	15,7
Contract for a definite period	311	3		3,0
Contract for the execution of a specifically assigned work	312
Replacement contract	313
According to the reason for termination of the employment contract
Retirement	340	1		1,0
Unemployment with company allowance	341
Dismissal	342	4	2	5,7
Other reason	343	12		12,0
Of which the number of persons who continue to render services to the enterprise at least half-time on a self-employed basis	350

INFORMATION WITH REGARD TO TRAINING RECEIVED BY EMPLOYEES DURING THE PERIOD

Total number of official advanced professional training projects at company expense	Codes	Male	Codes	Female
Number of participating employees	5801		5811	1
Number of training hours	5802		5812	40
Costs for the company	5803	3.117,20	5813	3.025,76
of which gross costs directly linked to the training	58031		58131	4.499,57
of which paid contributions and deposits in collective funds	58032	3.117,20	58132	1.512,88
of which received subsidies (to be deducted)	58033		58133	2.986,69
Total number of less official and unofficial advance professional training projects at company expense
Number of participating employees	5821		5831
Number of training hours	5822		5832
Costs for the company	5823		5833
Total number of initial professional training projects at company expense
Number of participating employees	5841		5851
Number of training hours	5842		5852
Costs for the company	5843		5853

VALUATION RULES

SUMMARY OF VALUATION RULES. -----------------------------------------------

I. Formation expenses.

Formation expenses, which are not taken account of in the profit and loss account of the year, in which they are incurred, are depreciated over a maximum period of five years.

II. Intangible fixed assets.

R & D costs have been transferred to intangible fixed assets at their purchase or cost price.

In order to make results of the previous years comparable, R & D costs capitalized have been wholly depreciated as a charge against current profits but the difference between the actual amount of depreciation taken in the year and the gross amount capitalized has been treated as a write-back of depreciation in the exceptional profits.

Since 1984, a depreciation rate has been applied to these costs not exceeding that of reducing depreciation based on a life of four years, being in practice 50 % in the first year and 25 % in the second and third years. From 1990, a straight line depreciation rate of 33,33 % has been applied to these costs, based on a three year life considering "prorata temporis".

The purchase price of patents, licenses and similar items has been depreciated at a minimum rate equal to that of the assets required to handle the patent or process and otherwise over three years by the straight line method. From 1990, the purchase price of patents, licenses and similar items has been depreciated over a fixed number of years, whose number cannot be less than five, equivalent to 20 % per annum considering "prorata temporis".

The purchase price of patents, licenses and similar items can also be depreciated in function of a prudent appreciation on the duration of the economic life of this intangible asset.

The purchase or cost price of intangible fixed assets, other than those referred to above, and which are eligible for subsidies (costs of commercial studies, of organizations, etc.) have been wholly depreciated in the year in which these expenses were incurred.

Intangible fixed assets, whose depreciation is taken over a period of five years or less, are removed from the balance sheet along with the relevant depreciation during the fifth year following their inclusion in assets.

Software acquired which is not essential for the functioning of the computer system and of a value above 1.250 Euro has been treated as an intangible fixed assets and "prorata temporis" depreciated over five years on a straight line basis.

Intangible fixed assets, whose depreciation is taken over a period of five years or less, are removed from the balance sheet along with the relevant "prorata temporis" depreciation during the fifth year following their inclusion in assets.

Since 2003, costs of new acquisitions haven been depreciated on a "prorata temporis" basis.

III. Tangible fixed assets.

Fixed assets purchased from third parties have been included in the assets on the balance sheet at their purchase price ; assets manufactured by the company itself have been valued at their cost price.

The purchase or cost price has been depreciated on a straight line basis considering "prorata temporis" at the usual rates agreed by the tax authorities which prevent overvaluation of the net value of fixed assets.

These annual rates of depreciation are as follows :

Buildings, houses	3 %
Administrative buildings	3 %
Industrial buildings	5 %
Tools	15 %
Furniture and office equipment	15 %
Vehicles	20 %
Computer equipment and office machinery	33 1/3 %
Prototype equipment	33 1/3 %
Assets in the course of construction at the rate of the item
and provided for to which they will be transferred

In specific economical circumstances, write-off can be increased.

Tangible fixed assets sold to third parties have been written off at their gross value. At the same time the depreciation already taken in the previous year has been written back. The difference between the amount realized and the residual values gives rise to a surplus or deficit, which has been taken in exceptional profits and losses.

Fixed assets taken out of use have followed the same procedure. The residual value has been depreciated in total and taken against exceptional profits.

In the case of the transfer (by sale or contribution) of a branch of activity or of a division, the depreciation relating to the tangible fixed assets thus transferred during the year has been calculated pro rata temporis to the holding in the company.

VALUATION RULES

Reciprocally, the rule of pro rata temporis has been applied to those tangible fixed assets entering into the balance sheet of the company following the acquisition during the year of a branch of activity or of a division.

Software acquired essential for the functioning of the computer system has been treated as tangible fixed assets and has been depreciated in accordance with the rules in force for computer equipment, being 33 1/3 % per annum.

IV. Financial fixed assets.

Shareholdings have been valued individually each year by the Board of Directors on the basis of their valuation on the stock exchange, their realizable value, their income and their potential interest for the future of the UCB Group. Reductions in value, which have resulted, have been taken against exceptional profits and losses.

V. Stocks.

Bought-in items, both raw materials and supplies, have been valued at cost price or at market price, if the latter is lower.

The purchase price includes the value of the purchases increased by import duties or excise taxes, transport costs and taxes not recoverable and, where appropriate, unloading costs.

Write-offs are made annually on slow moving spares in order to achieve on a cumulative basis the same percentage write-off as depreciation on the corresponding tangible fixed assets. The annual charge may, however, not exceed 10 % of the value of the stock of these items at the end of the year.

Work in progress and finished goods have been valued at industrial cost, that is excluding general charges (other than factory overheads), depreciation and financial charges. This value has been reduced to likely selling prices, less related sales costs, if these are lower.

Marketable goods have been valued at their cost price or at market price at the end of the year, if the latter is lower.

The purchase price of major raw materials and consumable stores, including those incorporated in work in progress and finished goods, has been fixed in accordance with the LIFO method. The purchase price of other stocks has been ì fixed in accordance with the FIFO method.

VI. Receivables and liabilities.

Have been entered on the balance sheet at their nominal value.

Receivables have been written down if their repayment, when due, is wholly or partly uncertain or doubtful.

VII. Assets and commitments in foreign currencies.

Non-monetary assets and liabilities (for example stocks, buildings and shareholdings), resulting from an operation in foreign currencies, have been, and will continue to be, entered into the accounts at their acquisition value in Euro resulting from the conversion of the amount in foreign currency at the rate of exchange in force at the day on which the operation was done (historic rate).

This rule also applies to the conversion into Euro of monetary receivables and payables expresses in foreign currency. At the end of the year, however, the counter value in Euro of these items is subject to revaluation on the basis of the average spot market price, at the date to which the accounts are made up. The differences in conversion resulting from these revaluations are grouped together by currency. The net positive differences are booked as an accrued income, whilst the net negative differences are treated as costs. Currencies ì to be received or paid as a result of forward exchange contracts have been revaluated on the basis of the spot rate at the end of the year.

VIII. Provisions for risk and charges.

All risks affecting the company, have been the subject of provision which are re-assessed each year, following the ì rules of prudence, good faith and sincerity.

RIGHTS AND COMMITMENTS NOT INCLUDED IN THE BALANCE SHEET.

DESCRIPTION OF THE SUPPLEMENTARY SCHEME FOR RETIREMENT AND SURVIVING DEPENDANTS PENSIONS.

I. Supplementary scheme for retirement pensions.

UCB SA has made regulations setting out an objective to be attained concerning the resources to be made available to ì retired salaried staff. The objective decided upon is to be achieved by the payment to those retired, over and ì above the legal pension of :

VALUATION RULES

a) pensions or lump sums resulting from the maturity at the time of their retirement of group insurance policies, ì whose premiums have been paid by the person concerned throughout his career ;

b) possible pensions paid by the ASBL Fonds de Prévoyance UCB, a supplementary pension fund maintained from monthly ì payments made by the company ;

c) a special sum, depending on the length of service, paid by the company on their retirement.

II. Supplementary scheme for pensions to surviving dependants.

UCB SA has also subscribed to insurance policies in favor of the heirs of its salaried staff covering :

• death benefit

• temporary pensions to orphans.

These insurances are financed by the payment of annual premiums by the company.

In addition, the company pays to a widow of a salaried staff employee, who dies in service, a special payment as an additional widow's pension.

III. Other Benefits.

UCB SA has made internal regulations providing income to be given to employees absent through accident, sickness, maternity, etc., for periods which vary according to their length of service.

SUPPLEMENTARY INFORMATION

1. Audit fees (art. 134 §2 and 4 Companies Code)

In addition to the amounts agreed by the General Assembly if Shareholders, UCB SA paid to the College of Commissaires in 2013 supplementary fees for special work relating to audit, consultancy and fiscal advisory. The total amount of this remuneration was Euro 514.610,00 EUR and is detailed as follows:

	Audit	Other audit services	Due diligence	Total
Total	413.610,00	101.000,00	0	514.610,00

2. Major events after the balance sheet date

No major event occurred after the balance sheet date.