Umicore

Annual Report • Mar 25, 2016

40 Nr.	Date of the deposition	No. 0401.574.852		PP.	1 E.	EUR D.	C 1.1
	ANNUAL ACCOUNTS IN EURO (2 decimals)
NAME: UMICORE
Address: Postal Code:	Legal form: PLC rue du marais 1000 Country: Belgium	City:	Brussel 1				Nr.: 31
	Register of Legal Persons (RLP) - Office of the commercial court at: Internet address *: www.umicore.com					Brussel, Dutch-speaking
							0401.574.852 Company number:
DATE	22/10/2014 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				26/04/2016
	concerning the financial year covering the period from		1/01/2015			till	31/12/2015
		Previous period from	1/01/2014			till	31/12/2014
	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
	LEYSEN Thomas Rosier 21, 2000 Antwerpen, Belgium Title : President of the board of directors Mandate : 28/04/2015- 24/04/2018
	GRYNBERG Marc Avenue de l'Avocat 5, 1410 Waterloo, Belgium Title : Delegated director Mandate : 28/04/2015- 24/04/2018
GALIENNE Ian Allée des Peupliers 17, 6280 Gerpinnes, Belgium Title : Director Mandate : 28/04/2015- 24/04/2018
	GARRRETT Mark Bündtenweg 76, 4102 Binningen, Switzerland Title : Director Mandate : 28/04/2015- 24/04/2018
	Enclosed to these annual accounts:
of service:	Total number of pages deposited: 5.1, 5.2.3, 5.2.4, 5.3.4, 5.5.2, 5.17.2, 7, 8, 9	44					Number of the pages of the standard form not deposited for not being
	Signature						Signature

(name and position)

Platteeuw Filip

Chief Financial Officer

* Optional statement.

** Delete where appropriate.

GRYNBERG Marc Chief Executive Officer

(name and position)

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

KOLMSEE Ines

Traubinger Strasse 18, 82327 Tutzing, Germany Title : Director Mandate : 29/04/2014- 25/04/2017

OPPENHEIMER Jonathan

Third Avenue 73, 2196 Inanda, South Africa Title : Director Mandate : 29/04/2014- 25/04/2017

KUX Barbara

Gustav-Gull-Platz 4, 8004 Zürich, Switzerland Title : Director Mandate : 1/01/2014- 25/04/2017

THOMAES Rudi

Aalscholverlaan 80, box 102, 2050 Antwerpen 5, Belgium Title : Director Mandate : 28/04/2015- 24/04/2018

MEURICE Eric

Hangmoor Callow Hill - Virginia Water GU25 4 LD, United Kingdom Title : Director Mandate : 28/04/2015- 24/04/2018

PricewaterhouseCoopers Reviseurs d'Entreprises SCCRL 0429.501.944

Woluwedal 18, 1932 Sint-Stevens-Woluwe, Belgium Title : Auditor, Number of membership : B00009 Mandate : 29/04/2014- 25/04/2017 Represented by: DAELMAN Marc SPRL (A01579) Woluwedal 18 , 1932 Sint-Stevens-Woluwe, Belgium

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	3.835.807.711,28	3.813.172.015,15
Formation expenses	5.1	20
Intangible fixed assets	5.2	21	88.286.908,14	88.202.486,90
Tangible fixed assets	5.3	22/27	353.973.712,86	347.624.458,99
Land and buildings		22	125.440.170,60	128.357.763,28
Plant, machinery and equipment		23	165.842.552,92	161.148.479,16
Furniture and vehicles		24	14.450.514,65	16.598.310,74
Leasing and other similar rights		25
Other tangible fixed assets		26	337.726,77	354.470,08
Assets under construction and advance payments		27	47.902.747,92	41.165.435,73
	5.4/
Financial fixed assets	5.5.1	28	3.393.547.090,28	3.377.345.069,26
Affiliated enterprises	5.14	280/1	3.366.336.947,56	3.329.216.370,17
Participating interests		280	3.366.336.947,56	3.329.216.370,17
Amounts receivable		281
Other enterprises linked by participating interests	5.14	282/3	130.439,19	130.439,19
Participating interests		282	130.439,19	130.439,19
Amounts receivable		283
Other financial assets		284/8	27.079.703,53	47.998.259,90
Shares		284	26.993.446,75	47.911.576,75
Amounts receivable and cash guarantees		285/8	86.256,78	86.683,15
CURRENT ASSETS		29/58	684.601.275,95	811.395.030,25
Amounts receivable after more than one year		29	373.483,03	373.483,03
Trade debtors		290
Other amounts receivable		291	373.483,03	373.483,03
Stocks and contracts in progress		3	343.868.071,29	411.792.643,24
Stocks		30/36	343.868.071,29	411.792.643,24
Raw materials and consumables		30/31	129.402.632,75	164.469.818,26
Work in progress		32	62.636.427,68	91.603.522,83
Finished goods		33	151.581.393,40	155.455.042,65
Goods purchased for resale		34
Immovable property intended for sale		35
Advance payments		36	247.617,46	264.259,50
Contracts in progress		37
Amounts receivable within one year		40/41	163.724.517,19	258.739.671,64
Trade debtors		40	149.442.323,39	215.305.232,43
Other amounts receivable		41	14.282.193,80	43.434.439,21
Current investments	5.5.1/ 5.6	50/53	162.043.282,82	131.289.845,18
Own shares		50	129.912.779,15	121.431.237,79
Other investments and deposits		51/53	32.130.503,67	9.858.607,39
Cash at bank and in hand		54/58	951.199,49	711.928,36
Deferred charges and accrued income	5.6	490/1	13.640.722,13	8.487.458,80
TOTAL ASSETS		20/58	4.520.408.987,23	4.624.567.045,40

Nr. 0401.574.852				C 2.2
EQUITY AND LIABILITIES	Notes	Codes	Period	Previous period
EQUITY		10/15	1.214.762.715,10	1.211.343.365,68
Capital	5.7	10	500.000.000,00	500.000.000,00
Issued capital		100	500.000.000,00	500.000.000,00
Uncalled capital		101
Share premium account		11	6.609.765,90	6.609.765,90
Revaluation surpluses Reserves		12 13	90.952,00 330.066.646,50	90.952,00 321.585.105,14
Legal reserve
Reserves not available		130 131	50.000.000,00 129.912.779,15	50.000.000,00 121.431.237,79
In respect of own shares held		1310	129.912.779,15	121.431.237,79
Other		1311
Untaxed reserves		132	150.153.867,35	150.153.867,35
Available reserves		133
Accumulated profits (losses) (+)/(-)		14	372.681.875,51	375.608.855,58
Investment grants		15	5.313.475,19	7.448.687,06
Advance to associates on the sharing out of the assets		19
PROVISIONS AND DEFERRED TAXES		16	109.685.362,67	115.232.632,67
Provisions for liabilities and charges		160/5	109.685.362,67	115.232.632,67
Pensions and similar obligations		160	46.917.856,41	50.472.848,70
Taxation		161
Major repairs and maintenance		162	6.691.780,61	5.468.787,19
Other liabilities and charges	5.8	163/5	56.075.725,65	59.290.996,78
Deferred taxes		168
AMOUNTS PAYABLE		17/49	3.195.960.909,46	3.297.991.047,05
Amounts payable after more than one year	5.9	17	1.572.000.000,00	1.582.000.000,00
Financial debts		170/4	1.572.000.000,00	1.582.000.000,00
Subordinated loans		170
Unsubordinated debentures		171
Leasing and other similar obligations		172
Credit institutions		173
Other loans		174	1.572.000.000,00	1.582.000.000,00
Trade debts		175
Suppliers		1750
Bills of exchange payable		1751
Advances received on contracts in progress		176
Other amounts payable		178/9
Amounts payable within one year		42/48	1.563.087.999,74	1.653.944.349,22
Current portion of amounts payable after more than one year falling due within one year	5.9	42	560.000.000,00	500.000.000,00
Financial debts		43	468.266.740,14	555.065.213,13
Credit institutions		430/8		13.565.213,13
Other loans		439	468.266.740,14	541.500.000,00
Trade debts		44	384.777.214,62	478.442.383,07
Suppliers		440/4	384.276.952,62	478.000.863,60
Bills of exchange payable		441	500.262,00	441.519,47
Advances received on contracts in progress		46	3.864.696,43	4.722.601,69
Taxes, remuneration and social security	5.9	45	62.419.476,90	53.114.483,24
Taxes		450/3	18.584.559,65	6.045.598,45
Remuneration and social security		454/9	43.834.917,25	47.068.884,79
Other amounts payable		47/48	83.759.871,65	62.599.668,09
Accrued charges and deferred income	5.9	492/3	60.872.909,72	62.046.697,83
TOTAL LIABILITIES		10/49	4.520.408.987,23	4.624.567.045,40

INCOME STATEMENT

	Notes	Codes	Period	Previous period
Operating income		70/74	2.960.770.607,46	2.937.535.239,87
Turnover	5.10	70	2.812.563.739,58	2.794.325.844,80
Increase (decrease) in stocks of finished goods, work and contracts in progress (+)/(-)		71	5.176.453,07	15.462.782,12
Own construction capitalised		72	35.900.910,96	31.480.705,16
Other operating income	5.10	74	107.129.503,85	96.265.907,79
Operating charges		60/64	2.888.281.277,69	2.869.761.826,03
Raw materials, consumables		60	2.372.637.151,75	2.359.063.679,18
Purchases		600/8	2.348.221.011,13	2.352.912.354,93
Decrease (increase) in stocks (+)/(-)		609	24.416.140,62	6.151.324,25
Services and other goods		61	179.026.066,41	173.103.706,59
Remuneration, social security costs and pensions (+)/(-)	5.10	62	237.405.916,91	249.487.644,81
Depreciation of and amounts written off formation expenses, intangible and tangible fixed assets		630	75.485.043,43	74.321.919,06
Amounts written down stocks, contracts in progress and trade debtors - Appropriations (write-backs) (+)/(-)		631/4	12.116.059,58	-9.183.270,55
Provisions for risks and charges - Appropriations (uses and write-backs) (+)/(-)	5.10	635/7	891.207,46	9.389.219,96
Other operating charges	5.10	640/8	10.719.832,15	13.578.926,98
Operation charges carried to assets as restructuring costs (-)		649
Operating profit (loss) (+)/(-)		9901	72.489.329,77	67.773.413,84
Financial income		75	179.178.419,76	112.788.742,16
Income from financial fixed assets		750	175.588.134,40	109.128.961,86
Income from current assets		751	251.979,77	707.555,60
Other financial income	5.11	752/9	3.338.305,59	2.952.224,70
Financial charges	5.11	65	75.985.021,33	83.182.664,72
Debt charges		650	73.805.374,62	77.125.586,45
Amounts written down on current assets except stocks, contracts in progress and trade debtors (+)/(-)		651	-8.600,94	390.741,36
Other financial charges		652/9	2.188.247,65	5.666.336,91
Gain (loss) on ordinary activities before taxes (+)/(-)		9902	175.682.728,20	97.379.491,28

	Codes	Period	Previous period
Extraordinary income	76	3.423.259,47	44.175.897,27
Write-back of depreciation and of amounts written down intangible and tangible fixed assets	760	306.981,15	800.677,62
Write-back of amounts written down financial fixed assets	761	3.116.278,32	15.167.889,65
Write-back of provisions for extraordinary liabilities and charges	762
Gains on disposal of fixed assets	763		28.206.000,00
Other extraordinary income	764/9		1.330,00
Extraordinary charges	66	30.569.676,73	10.973.409,79
Extraordinary depreciation of and extraordinary amounts written off formation expenses, intangible and tangible fixed assets	660
Amounts written down financial fixed assets	661	30.585.184,73	10.973.409,78
Provisions for extraordinary liabilities and charges - Appropriations (uses) (+)/(-)	662	-15.508,00
Loss on disposal of fixed assets	663		0,01
Other extraordinary charges 5.11	664/8
Extraordinary charges carried to assets as restructuring costs (-)	669
Profit (loss) for the period before taxes (+)/(-)	9903	148.536.310,94	130.581.978,76
Transfer from postponed taxes	780
Transfer to postponed taxes	680
Income taxes 5.12	67/77	13.080.290,45	-655.646,64
Income taxes	670/3	13.180.077,46	744.948,90
Adjustment of income taxes and write-back of tax provisions	77	99.787,01	1.400.595,54
Profit (loss) for the period (+)/(-)	9904	135.456.020,49	131.237.625,40
Transfer from untaxed reserves	789
Transfer to untaxed reserves	689
Profit (loss) for the period available for appropriation (+)/(-)	9905	135.456.020,49	131.237.625,40

APPROPRIATION ACCOUNT

	Codes	Period	Previous period
Profit (loss) to be appropriated (+)/(-)	9906	511.064.876,07	547.093.942,70
Gain (loss) to be appropriated (+)/(-)	(9905)	135.456.020,49	131.237.625,40
Profit (loss) to be carried forward (+)/(-)	14P	375.608.855,58	415.856.317,30
Transfers from capital and reserves	791/2
from capital and share premium account	791
from reserves	792
Transfers to capital and reserves	691/2	8.481.541,36	62.997.442,62
to capital and share premium account	691
to the legal reserve	6920
to other reserves	6921	8.481.541,36	62.997.442,62
Profit (loss) to be carried forward (+)/(-)	(14)	372.681.875,51	375.608.855,58
Owner's contribution in respect of losses	794
Profit to be distributed	694/6	129.901.459,20	108.487.644,50
Dividends	694	129.901.459,20	108.487.644,50
Director's or manager's entitlements	695
Other beneficiaries	696

STATEMENT OF INTANGIBLE FIXED ASSETS

	Codes	Period	Previous period
RESEARCH AND DEVELOPMENT COSTS
Acquisition value at the end of the period	8051P	xxxxxxxxxxxxxxx	113.376.674,41
Movements during the period
Acquisitions, including produced fixed assets	8021	21.850.330,65
Sales and disposals	8031	7.958.926,52
Transfers from one heading to another (+)/(-)	8041
Acquisition value at the end of the period	8051	127.268.078,54
Depreciation and amounts written down at the end of the period	8121P	xxxxxxxxxxxxxxx	66.284.833,35
Movements during the period
Recorded	8071	16.418.935,56
Written back	8081
Acquisitions from third parties	8091
Cancelled owing to sales and disposals	8101	4.439.147,86
Transfers from one heading to another (+)/(-)	8111
Depreciation and amounts written down at the end of the period	8121	78.264.621,05
NET BOOK VALUE AT THE END OF THE PERIOD	210	49.003.457,49

	Codes	Period	Previous period
CONCESSIONS, PATENTS, LICENCES, KNOWHOW, BRANDS AND SIMILAR RIGHTS
Acquisition value at the end of the period	8052P	xxxxxxxxxxxxxxx	118.609.719,58
Movements during the period
Acquisitions, including produced fixed assets	8022	5.670.274,92
Sales and disposals	8032	7.847.867,12
Transfers from one heading to another (+)/(-)	8042
Acquisition value at the end of the period	8052	116.432.127,38
Depreciation and amounts written down at the end of the period	8122P	xxxxxxxxxxxxxxx	77.499.073,74
Movements during the period
Recorded	8072	5.210.208,94
Written back	8082	306.981,15
Acquisitions from third parties	8092
Cancelled owing to sales and disposals	8102	5.253.624,80
Transfers from one heading to another (+)/(-)	8112
Depreciation and amounts written down at the end of the period	8122	77.148.676,73
NET BOOK VALUE AT THE END OF THE PERIOD	211	39.283.450,65

STATEMENT OF TANGIBLE FIXED ASSETS

	Codes	Period	Previous period
LAND AND BUILDINGS
Acquisition value at the end of the period	8191P	xxxxxxxxxxxxxxx	331.306.700,82
Movements during the period
Acquisitions, including produced fixed assets	8161	8.213.363,47
Sales and disposals	8171	17.723.518,54
Transfers from one heading to another (+)/(-)	8181	7.251.454,99
Acquisition value at the end of the period	8191	329.048.000,74
Revaluation surpluses at the end of the period	8251P	xxxxxxxxxxxxxxx	7.701.229,70
Movements during the period
Recorded	8211
Acquisitions from third parties	8221
Cancelled	8231	18.476,44
Transfers from one heading to another (+)/(-)	8241
Revaluation surpluses at the end of the period	8251	7.682.753,26
Depreciation and amounts written down at the end of the period	8321P	xxxxxxxxxxxxxxx	210.650.167,24
Movements during the period
Recorded	8271	14.450.895,54
Written back	8281
Acquisitions from third parties	8291
Cancelled owing to sales and disposals	8301	13.810.479,38
Transfers from one heading to another (+)/(-)	8311
Depreciation and amounts written down at the end of the period	8321	211.290.583,40
NET BOOK VALUE AT THE END OF THE PERIOD	(22)	125.440.170,60

	Codes	Period	Previous period
PLANT, MACHINERY AND EQUIPMENT
Acquisition value at the end of the period	8192P	xxxxxxxxxxxxxxx	718.122.655,37
Movements during the period
Acquisitions, including produced fixed assets	8162	26.912.564,44
Sales and disposals	8172	59.305.393,13
Transfers from one heading to another (+)/(-)	8182	17.911.114,10
Acquisition value at the end of the period	8192	703.640.940,78
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	556.974.176,21
Movements during the period
Recorded	8272	33.195.803,57
Written back	8282
Acquisitions from third parties	8292
Cancelled owing to sales and disposals	8302	52.371.591,92
Transfers from one heading to another (+)/(-)	8312
Depreciation and amounts written down at the end of the period	8322	537.798.387,86
NET BOOK VALUE AT THE END OF THE PERIOD	(23)	165.842.552,92

	Codes	Period	Previous period
FURNITURE AND VEHICLES
Acquisition value at the end of the period	8193P	xxxxxxxxxxxxxxx	54.400.850,30
Movements during the period
Acquisitions, including produced fixed assets	8163	3.581.008,90
Sales and disposals	8173	6.241.363,80
Transfers from one heading to another (+)/(-)	8183	1.073.875,59
Acquisition value at the end of the period	8193	52.814.370,99
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	37.802.539,56
Movements during the period
Recorded	8273	6.192.456,51
Written back	8283
Acquisitions from third parties	8293
Cancelled owing to sales and disposals	8303	5.631.139,73
Transfers from one heading to another (+)/(-)	8313
Depreciation and amounts written down at the end of the period	8323	38.363.856,34
NET BOOK VALUE AT THE END OF THE PERIOD	(24)	14.450.514,65

	Codes	Period	Previous period
OTHER TANGIBLE FIXED ASSETS
Acquisition value at the end of the period	8195P	xxxxxxxxxxxxxxx	21.029.308,23
Movements during the period
Acquisitions, including produced fixed assets	8165
Sales and disposals	8175	8.464.343,90
Transfers from one heading to another (+)/(-)	8185
Acquisition value at the end of the period	8195	12.564.964,33
Revaluation surpluses at the end of the period	8255P	xxxxxxxxxxxxxxx	601.049,73
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	601.049,73
Depreciation and amounts written down at the end of the period	8325P	xxxxxxxxxxxxxxx	21.275.887,88
Movements during the period
Recorded	8275	16.743,31
Written back	8285
Acquisitions from third parties	8295
Cancelled owing to sales and disposals	8305	8.464.343,90
Transfers from one heading to another (+)/(-)	8315
Depreciation and amounts written down at the end of the period	8325	12.828.287,29
NET BOOK VALUE AT THE END OF THE PERIOD	(26)	337.726,77

	Codes	Period	Previous period
ASSETS UNDER CONSTRUCTION AND ADVANCED PAYMENTS
Acquisition value at the end of the period	8196P	xxxxxxxxxxxxxxx	41.165.435,73
Movements during the period
Acquisitions, including produced fixed assets	8166	32.510.328,68
Sales and disposals	8176	364.035,57
Transfers from one heading to another (+)/(-)	8186	-25.408.980,92
Acquisition value at the end of the period	8196	47.902.747,92
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)	47.902.747,92

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	3.441.264.970,08
Movements during the period
Acquisitions, including produced fixed assets	8361	47.012.381,94
Sales and disposals	8371	5.457.341,71
Transfers from one heading to another (+)/(-)	8381
Acquisition value at the end of the period	8391	3.482.820.010,31
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	112.036.099,91
Movements during the period
Recorded	8471	9.667.054,73
Written back	8481	3.116.278,32
Acquisitions from third parties	8491
Cancelled owing to sales and disposals	8501	2.116.313,57
Transfers from one heading to another (+)/(-)	8511
Amounts written down at the end of the period	8521	116.470.562,75
Uncalled amounts at the end of the period	8551P	xxxxxxxxxxxxxxx	12.500,00
Movements during the period (+)/(-)	8541
Uncalled amounts at the end of the period	8551	12.500,00
NET BOOK VALUE AT THE END OF THE PERIOD	(280)	3.366.336.947,56
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	1.893.812,40
Movements during the period
Acquisitions, including produced fixed assets	8362
Sales and disposals	8372	260.750,00
Transfers from one heading to another (+)/(-)	8382
Acquisition value at the end of the period	8392	1.633.062,40
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	1.747.120,69
Movements during the period
Recorded	8472
Written back	8482
Acquisitions from third parties	8492
Cancelled owing to sales and disposals	8502	260.750,00
Transfers from one heading to another (+)/(-)	8512
Amounts written down at the end of the period	8522	1.486.370,69
Uncalled amounts at the end of the period	8552P	xxxxxxxxxxxxxxx	16.252,52
Movements during the period (+)/(-)	8542
Uncalled amounts at the end of the period	8552	16.252,52
NET BOOK VALUE AT THE END OF THE PERIOD	(282)	130.439,19
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	124.065.053,47
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	124.065.053,47
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	76.145.069,39
Movements during the period
Recorded	8473	20.918.130,00
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	97.063.199,39
Uncalled amounts at the end of the period	8553P	xxxxxxxxxxxxxxx	8.407,33
Movements during the period (+)/(-)	8543
Uncalled amounts at the end of the period	8553	8.407,33
NET BOOK VALUE AT THE END OF THE PERIOD	(284)	26.993.446,75
OTHER ENTERPRISES - AMOUNTS RECEIVABLE
NET BOOK VALUE AT THE END OF THE PERIOD	285/8P	xxxxxxxxxxxxxxx	86.683,15
Movements during the period
Additions	8583
Repayments	8593	426,37
Amounts written down	8603
Amounts written back	8613
Exchange differences (+)/(-)	8623
Other (+)/(-)	8633
NET BOOK VALUE AT THE END OF THE PERIOD	(285/8)	86.256,78
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				which annual accounts are available	Information from the most recent period for
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)
Umicore France FC Les Mercuriales tour du ponant r J Jaures 40 93176 BAGNOLET CEDEX France 10342965001				31/12/2014	EUR	31.660.155	162.181
Shares	1520000 100,00		0,00
Umicore Financial Services PLC Rue du Marais / Broekstraat 31 1000 Brussel 1 Belgium 0428.179.081				31/12/2014	EUR	475.333.352	6.588.273
Shares	3		0,00 100,00
Umicore MS Lusitana FC Travessa do Padrao Freguessia de Perafita 4455524 Perafita(Concelho de Matosinhos) Portugal 505683155				31/12/2014	EUR	39.841	2.911
Shares	914	1,72	98,28
Umicore USA FC Zinc Plant Road 1800 37041- 1104 Claksvillle-Tennessee United States of America				31/12/2014	USD	223.861.758	-245.902
		483 100,00	0,00
Shares Umicore Shanghai FC Changshi Road 250 201600 Shanghai (Songjiang County) China				31/12/2014	CNY	92.463.297	4.180.149
	49350000	75,00	0,00
Shares Umicore South Africa FC 8 Penny Road - PO Box 1195 1725 Roodepoort South Africa				31/12/2014	ZAR	-1.960.070	883.066
Shares Umicore Building Products Scandinavia FC Lysbrohogen 5 8600 Silkeborg Denmark		750 100,00	0,00	31/12/2014	DKK	12.083.591	2.929.977
Shares	1499	99,93	0,07

INFORMATION RELATING TO THE SHARE IN THE CAPITAL

	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)
Umicore Building Products Polska FC nl Ludwiki 4 01-226 Warsaw Poland				31/12/2014	PLN	2.021.555	164.524
Shares Umicore Autocatalyst Recycling Belgium PLC Greinerstraat 14 2660 Hoboken (Antwerpen) Belgium		3500 100,00	0,00	31/12/2014	EUR	147.420	27.621
0466.261.083 Shares Umicore MS Taiwan FC Keelung Road Sec 2 -16F-2 189 Taipei Taiwan		6250 100,00	0,00	31/12/2014	TWD	9.374.168	2.389.842
Shares Umicore Korea Limited FC Chaam-Dong 410 330-200 Cheonan - Ciry Chungnam South Korea	500000 100,00		0,00	31/12/2014	KRW	93.145.804.921	7.291.734.296
Shares Umicore Australia FC Somerville Road 414 3012 Tottenham - Victoria Australia	5250000 100,00		0,00	31/12/2014	AUD	6.589.604	1.761.535
Shares Umicore Holdings Philippines FC Sitio malinta Asinan Proper 1044 Subic - Zambales Philippines	10000 100,00		0,00	31/12/2014	PHP	155.261.024	78.601
Shares Umicore Building Products Iberica FC calle Juan Gris - Ed. Torres Cerda, 4 , box 6C 08014 Barcelona Spain	1536562	99,99	0,01	31/12/2014	EUR	545.473	158.113
Shares	320000 100,00		0,00

		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)
Umicore Holding 1 Germany Gmbh FC Rodenbacker chaussee 4 63457 Hanau - Wolfgang Germany				31/12/2014	EUR	280.758.651	-9.964.748
Shares Umicore Holding 2 Germany Gmbh FC Rodenbacker chaussee 4 63457 Hanau - Wolfgang Germany	90025000 100,00		0,00	31/12/2014	EUR	31.589.330	-1.037.929
Shares Umicore International PLC Rue Bommel 5 4940 Bascharage Luxembourg	10025000 100,00		0,00	31/12/2014	EUR	2.786.958.930	-51.284.483
Shares Umicore Building Products CZ FC Pod Visöovkou 1661 , box 31 140 00 Prague 4 Czech Republic	23407989 100,00		0,00	31/12/2014	CZK	1.309.000	319.000
Shares Umicore MS Australia PTY LTD FC St Kilda Road Towers-level 5 606 3004 Melbourne - Victoria Australia		100 100,00	0,00	31/12/2014	AUD	129.134	-97.491
Shares Todini AND Co FC Via Larga 8 Milano Italy 10722620159	2000100 100,00		0,00	31/12/2014	EUR	11.007.726	8.133.831
Shares Umicore Finance Norway FC Hoffsgate 10 3262 LARVIK Norway	1800000 100,00		0,00	31/12/2014	NOK	74.587.353	734.444
Shares Umicore Specialty Materials Brugge PLC Kleine Pathoekeweg 82 8000 Brugge Belgium 0405.150.984	12242 100,00		0,00	31/12/2014	EUR	3.221.061	4.583.214

	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)
ordinary shares Umicore Argentina FC Avenida Roque Sáenz Pena 651 8° piso Oficina 139, Buenos Aires Argentina	21499	99,99	0,01	31/12/2014	ARS	29.200	-26.401.157
1.603.638 Shares Industrias Electro Quimicas SA FC Avenida Elmer Faucett 1920 Callao 1	9753768	98,03	1,97	31/12/2014	PEN	121.981.000	6.800.000
Peru Shares beLife PLC Rue Joseph Wauters 120 4480 Ehein (Engis) Belgium	18464806	40,00	0,00	31/12/2014	EUR	2.272.000	-6.253.045
0440.744.838 Shares beLife Intermediates PLC Rue Joseph Wauters 120 4480 Ehein (Engis) Belgium	30782	49,00	0,00	31/12/2014	EUR	5.782.000	-1.604.297
0846.150.202 Shares UMICORE ELECTRO-OPTIC MATERIALS EUROPE PLC RUE DU MARAIS 31 1000 Brussel 1 Belgium	392	4,00	96,00	31/12/2015	EUR	57.634	-3.866
0631.891.355 Shares VMZINC BENELUX & UK PLC RUE DU MARAIS 31 1000 Brussel 1 Belgium 0631.891.256	99	99,00	0,00	31/12/2015	EUR	1.008.846	8.846
Shares UMICORE ZINC CHEMICALS BELGIUM PLC RUE DU MARAIS 31 1000 Brussel 1 Belgium 0631.891.157	1625	99,94	0,00	31/12/2015	EUR	20.484.230	1.172.926
Shares	31381	99,99	0,00

INFORMATION RELATING TO THE SHARE IN THE CAPITAL

NAME, full address of the REGISTERED OFFICE and for the enterprise governed by Belgian law, the COMPANY NUMBER	Shares held by		Information from the most recent period for which annual accounts are available
	directly		subsi diaries	Primary	Mone	Capital and reserves	Net result
	Number	%	%	financial statement											tary unit	(+) or (-) (in monetary units)
UMICORE AUTOCAT CANADA CORP. FC MAINWAY DRIVE 4261 L7L5N9 BURLINGTON - ONTARIO Canada				31/12/2014	CAD	218.367.493	-22.802.950
Shares	176700001 100,00		0,00

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

	Codes	Period	Previous period
INVESTMENTS: OTHER INVESTMENTS AND DEPOSITS
Shares	51
Book value increased with the uncalled amount	8681
Uncalled amount	8682
Fixed income securities	52
Fixed income securities issued by credit institutions	8684
Fixed term deposit with credit institutions	53	32.130.503,67	9.858.607,39
Falling due
less or up to one month	8686	32.130.503,67	9.858.607,39
between one month and one year	8687
over one year	8688
Other investments not yet shown seperately	8689

DEFFERED CHARGES AND ACCRUED INCOME

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

Gains on marking-to market of currency commitments 6.624.192,16

Profit on hedging for metals 4.273.557,70

Other deferred charges 2.742.972,27

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	500.000.000,00
(100)	500.000.000,00

	Codes	Amounts	Number of shares
Changes during the period:
Structure of the capital Different categories of shares
Ordinary Shares		500.000.000,00	112.000.000
Registered shares	8702	XXXXXXXXXXXXXX	22.588.381
Bearer shares and/or dematerialized shares	8703	XXXXXXXXXXXXXX	89.411.619

	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	17.533.634,00
Number of shares held	8722	3.927.534
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	50.000.000,00

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

STRUCTURE OF SHAREHOLDINGS OF THE ENTERPRISE AS AT THE ANNUAL BALANCING OF THE BOOKS, AS IT APPEARS FROM THE STATEMENT RECEIVED BY THE ENTERPRISE

	Number shares	% Capital
	------------------------------	-------------------
Other shareholders	86.824.960	77,53
Family Trust Desmarais, Albert Frère and Groupe Bruxelles Lambert S.A.	11.883.643	10,61
BlackRock Inc	5.957.971	5,32
Titles detained by Umicore	3.914.272	3,49
Norges Bank	3.419.154	3,05
	----------------------	---------------
	112.000.000	100.00

PROVISIONS FOR OTHER LIABILITIES AND CHARGES

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

Protection of the environmnent 46.676.841,86 Sundry litigations and sundry risks 7.485.272,56 Premium 25 & 35 years service 1.913.611,23

Period

Financial debts	8801	560.000.000,00
Subordinated loans	8811
Unsubordinated debentures	8821
Leasing and other similar obligations	8831
Credit institutions	8841
Other loans	8851	560.000.000,00
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)	560.000.000,00
Amounts payable after more than one year, between one and five years
Financial debts	8802	1.572.000.000,00
Subordinated loans	8812
Unsubordinated debentures	8822
Leasing and other similar obligations	8832
Credit institutions	8842
Other loans	8852	1.572.000.000,0
Trade debts	8862	0
Suppliers	8872
Bills of exchange payable	8882
Advance payments received on contracts in progress	8892
Other amounts payable	8902
Total amounts payable after more than one year, between one and five years	8912	1.572.000.000,00
Amounts payable after more than one year, over five years
Financial debts	8803
Subordinated loans	8813
Unsubordinated debentures	8823
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

	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	18.584.559,65
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	43.834.917,25

	Period
ACCRUED CHARGES AND DEFERRED INCOME
Allocation of the heading 492/3 of liabilities if the amount is considerable
Losses currency	1.308.346,40
Treatment charges	30.677.635,19
Deferred Income	18.135.546,73
Other Accrued charges	10.751.381,40

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	6.058.050,14	1.510.146,57
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	2.733	2.965
Average number of employees calculated in full-time equivalents	9087	2.745,2	2.893,7
Number of actual worked hours	9088	4.810.513	4.977.193
Personnel costs
Remuneration and direct social benefits	620	157.138.140,95	164.432.264,31
Employers' social security contributions	621	56.601.915,93	59.605.183,56
Employers' premiums for extra statutory insurances	622	11.971.346,23	13.276.221,29
Other personnel costs	623	9.066.327,28	8.983.928,61
Old-age and widows' pensions	624	2.628.186,52	3.190.047,04
Provisions for pensions
Additions (uses and write-back) (+)/(-)	635	-3.554.992,29	9.127.582,79
Amounts written off
Stocks and contracts in progress
Recorded	9110	12.423.611,26	1.131.497,50
Written back	9111	304.684,44	10.342.258,54
Trade debtors
Recorded	9112		33.043,90
Written back	9113	2.867,24	5.553,41
Provisions for risks and charges
Additions	9115	41.852.557,10	43.220.951,91
Uses and write-back	9116	40.961.349,64	33.831.731,95
Other operating charges
Taxes related to operation	640	6.462.362,71	6.849.009,88
Other charges	641/8	4.257.469,44	6.729.917,10
Hired temporary staff and persons placed at the enterprise's disposal
Total number at the closing date	9096	22	14
Average number calculated as full-time equivalents	9097	17,8	18,9
Number of actual worked hours	9098	34.284	37.313
Charges to the enterprise	617	1.221.519,44	1.300.269,00

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	2.105.936,90	2.364.707,24
Interest subsidies	9126
Allocation of other financial income
Exchange variances and differences		1.078.164,03	342.484,03
Sundry financial income		164.600,20	284.436,96
Financ.customers and int. for late payment		1.181,67	19.447,57
Amounts written down off loan issue expenses and repayment premiums	6501
Intercalary interests recorded as assets	6503
Value adjustments to current assets
Appropriations	6510		400.000,00
Write-backs	6511	8.600,94	9.258,64
Other financial charges
Amount of the discount borne by the enterprise, as a result of negotiating amounts receivable	653	1.312.272,59	1.399.661,12
Provisions of a financial nature
Appropriations	6560
Uses and write-backs	6561
Allocation of other financial charges
Exchange variances and differences		1.019.665,48	18.772,66
Sundry financial costs		553.259,54	3.289.790,11

EXTRAORDINARY RESULTS

Allocation other extraordinary income

Allocation other extraordinary charges

	Codes	Period
INCOME TAXE
Income taxes on the result of the current period	9134	13.180.077,46
Income taxes paid and withholding taxes due or paid	9135	13.180.077,46
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
		-1.711.443,00
		-2.116.000,00
		5.758.029,00
		-166.693.945,00
		30.585.185,00
		-2.105.937,00
		-3.116.278,00
		-9.469.025,00

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	120.234.881,00
Accumulated tax losses deductible from future taxable profits	9142
Other deferred taxes representing assets
		6.164.175,00
		112.348.897,00
		1.721.809,00
Deferred taxes representing liabilities	9144
Allocation of deferred taxes representing liabilities
		150.153.867,00

	Codes	Period	Previous Period
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	237.303.846,81	235.803.103,39
By the enterprise	9146	225.428.525,76	228.316.883,11
Amounts retained on behalf of third parties for
Payroll withholding taxes	9147	38.108.070,58	40.473.214,17
Withholding taxes on investment income	9148	20.861.499,00	19.348.049,45

RIGHTS AND COMMITMENTS NOT REFLECTED IN THE BALANCE SHEET

	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	49.649.595,00
Goods sold (to be delivered)	9214	69.713.863,00
Currencies purchased (to be received)	9215	1.235.053.425,15
Currencies sold (to be delivered)	9216	1.234.582.270,96

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

INFORMATION CONCERNING IMPORTANT LITIGATION AND OTHER COMMITMENTS NOT MENTIONED ABOVE

Lease-out metals 134.561.516 Metals owned by parties for tolling 279.288.983 Lease-in metals 108.376.279 Metals owned by Umicore for tolling 41.459.639 Bankguarantees 4.536.612 Personal guarantees given 85.394.645

RIGHTS AND COMMITMENTS NOT REFLECTED IN THE BALANCE SHEET

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

	Code	Period
PENSIONS FUNDED BY THE ENTERPRISE
Estimated amount of the commitments resulting for the enterprise from past services	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 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

	Codes	Period	Previous period
AFFILIATED ENTERPRISES
Financial fixed assets	(280/1)	3.366.336.947,56	3.329.216.370,17
Investments	(280)	3.366.336.947,56	3.329.216.370,17
Amounts receivable subordinated	9271
Other amounts receivable	9281
Amounts receivable	9291	74.023.542,67	127.512.538,48
After one year	9301	363.483,03	363.483,03
Within one year	9311	73.660.059,64	127.149.055,45
Current investments	9321	32.130.503,67	9.858.607,39
Shares	9331
Amounts receivable	9341	32.130.503,67	9.858.607,39
Amounts payable	9351	2.608.269.311,75	2.707.111.706,33
After one year	9361	1.522.000.000,00	1.582.000.000,00
Within one year	9371	1.086.269.311,75	1.125.111.706,33
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	175.572.527,38	109.114.738,66
Income from current assets	9431	82.551,08	301.080,42
Other financial income	9441
Debts charges	9461	72.349.214,50	75.684.186,53
Other financial charges	9471
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)	130.439,19	130.439,19
Investments	(282)	130.439,19	130.439,19
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

RELATIONSHIPS WITH AFFILIATED ENTERPRISES AND ENTERPRISES LINKED BY PARTICIPATING INTERESTS

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:

	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
To former directors and former managers	9504

	Codes	Period
AUDITORS OR PEOPLE THEY ARE LINKED TO
Auditor's fees	9505	487.173,00
Fees for exceptional services or special missions executed in the company by the auditor
Other attestation missions	95061	182.071,00
Tax consultancy	95062
Other missions external to the audit	95063	57.667,00
Fees for exceptional services or special missions executed in the company by people they are linked to
Other attestation missions	95081
Tax consultancy	95082	136.759,00
Other missions external to the audit	95083	289.096,00

Mention related to article 133 paragraph 6 from the Companies Code

DERIVATIVES NOT MEASURED AT FAIR VALUE

ESTIMATE OF THE FAIR VALUE FOR EACH CATEGORY OF DERIVATIVE FINANCIAL INSTRUMENTS THAT ARE NOT MEASURED ON THE BASIS OF THE FAIR VALUE IN THE ECONOMIC TRAFFIC, INDICATING THE EXTENT AND THE NATURE OF THE INSTRUMENTS

Loss on energy commitments -9.598.582,00

Los on currency commitments -6.867.991,00

Loss on metal commitments 447.946,00

Loss on interest rates swaps -3.163.909,00

Period

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	2.470,0	2.199,0	271,0
Part-time	1002	360,0	212,0	148,0
Total of full-time equivalents (FTE)	1003	2.745,2	2.363,5	381,7
Number of hours actually worked
Full-time	1011	4.333.425	3.821.219	512.206
Part-time	1012	477.088	265.422	211.666
Total	1013	4.810.513	4.086.641	723.872
Personnel costs
Full-time	1021	214.412.787,95	189.867.941,12	24.544.846,83
Part-time	1022	20.364.942,44	11.710.712,72	8.654.229,72
Total	1023	234.777.730,39	201.578.653,84	33.199.076,55
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 Personnel costs Advantages in addition to wages	1003 1013 1023 1033	2.893,7 4.977.193 246.297.597,77	2.491,2 4.215.616 211.826.970,05	402,5 761.577 34.470.627,72

At the closing date of the period	Codes	1. Full-time	2. Part-time	3. Total in full-time equivalents
Number of employees	105	2.384	349	2.650,8
By nature of the employment contract
Contract for an indefinite period	110	2.319	348	2.585,0
Contract for a definite period	111	65	1	65,8
Contract for the execution of a specifically assigned work	112
Replacement contract	113
According to the gender and by level of education
Male	120	2.128	207	2.287,4
primary education 1200		468	74	524,6
secondary education	1201	1.064	95	1.137,4
higher education (non-university)	1202	275	28	295,5
university education	1203	321	10	329,9
Female	121	256	142	363,4
primary education	1210	7	7	12,3
secondary education	1211	42	29	63,7
higher education (non-university)	1212	105	79	164,0
university education	1213	102	27	123,4
By professional category
Management staff	130	395	24	414,0
Employees	134	741	181	878,0
Workers	132	1.248	144	1.358,8
Other	133

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

During the period	Codes	1. Temporary personnel	2. Persons placed at the disposal of the enterprise
Average number of employees	150	17,8
Number of hours actually worked	151	34.284
Charges of the enterprise	152	1.221.519,44

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	155		155,0
By nature of the employment contract
Contract for an indefinite period	210	119		119,0
Contract for a definite period	211	36		36,0
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	343	44	375,5
By nature of the employment contract
Contract for an indefinite period	310	328	43	359,7
Contract for a definite period	311	15	1	15,8
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	14	3	16,4
Unemployment with company allowance	341	30	12	39,3
Dismissal	342	22	1	22,8
Other reason	343	277	28	297,0
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	Codes	Male	Codes	Female
company expense
Number of participating employees	5801	2.426	5811	381
Number of training hours	5802	45.740	5812	6.627
Costs for the company	5803	3.436.563,65	5813	580.720,55
of which gross costs directly linked to the training	58031	3.762.917,27	58131	628.348,42
of which paid contributions and deposits in collective funds	58032	90.869,95	58132	12.820,98
of which received subsidies (to be deducted)	58033	417.223,57	58133	60.448,85
Total number of less official and unofficial advance professional training projects at company expense
Number of participating employees	5821	2.757	5831	338
Number of training hours	5822	70.742	5832	12.029
Costs for the company	5823	3.635.523,37	5833	744.837,20
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