FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of: | September, 2006 | |||
Commission File Number : | 001-15218 |
LAFARGE
(Translation of registrant’s name into English)
61, rue des Belles Feuilles
75116 Paris
France
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F.....X..... Form 40-F.........
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ...... No ..X..
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-
Enclosures:
Press Release, dated September 29, 2006, relating to Historical Information on
September 2005 Results
Page 1 of 5 Total Pages
COMMUNIQUÉ
| Euronext: LG, NYSE: LR | Paris, September 29, 2006 |
HISTORICAL INFORMATION ON SEPTEMBER2005 RESULTS
Ahead of the first publication of quarterly results at end of September 2006, which will take place on November 9, 2006 before stock market opening, the group releases historical information on results at end of September 2005.
You may download more detailed information about these historical figures (including geographical information) on the web site at www.lafarge.com (Homepage “Finance”).
Consolidated statements of income (unaudited)
MILLION EUROS, EXCEPT PER SHARE DATA
| 9 MONTHS, 2005 | 3RD QUARTER, 2005 | ||||
Revenue | 11,759 | 4,539 | ||||
Cost of sales | (8,596 | ) | (3,189 | ) | ||
Selling and administrative expenses | (1,476 | ) | (500 | ) | ||
Current operating income | 1,687 | 850 | ||||
Gains (losses) on disposals | 19 | 16 | ||||
Other operating income (expenses) | (37 | ) | 22 | |||
Operating income | 1,669
| 888
| ||||
Finance (costs) income | (331 | ) | (150 | ) | ||
Income from associates
| 30
| 16
| ||||
Income before income tax | 1,368
| 754
| ||||
Income tax | (408 | ) | (191 | ) | ||
Net Income | 960
| 563
| ||||
Out of which: | ||||||
Group share | 773 | 414 | ||||
Minority interests | 187
| 149
| ||||
Basic earnings per share(euros) | 4.53
| 2.41
| ||||
Diluted earnings per share(euros) | 4.50
| 2.39
| ||||
Basic average number of outstanding shares(in thousands) | 170,655
| |||||
Page 1/3
Consolidated balance sheets (unaudited)
| MILLION EUROS | AT SEPTEMBER 30,
| ||
| ASSETS | |||
| Non-current assets | 19,903 | ||
Goodwill | 6,498 | ||
Intangible assets | 359 | ||
Property, plant and equipment | 11,578 | ||
Investments in associates | 375 | ||
Other financial assets | 707 | ||
Derivative instruments | 67 | ||
Deferred income tax asset
| 319
| ||
Current assets | 7,168 | ||
Inventories | 1,714 | ||
Trade receivables | 3,223 | ||
Other receivables | 919 | ||
Derivative instruments | 70 | ||
Cash and cash equivalents
| 1,242
| ||
Total assets
| 27,071
| ||
LIABILITIES | |||
Common stock | 702 | ||
Additional paid-in capital | 6,293 | ||
Treasury shares | (100 | ) | |
Retained earnings | 1,649 | ||
Other reserves | 71 | ||
Foreign currency translation | 616 | ||
Shareholders’ equity - Parent company | 9,231 | ||
Minority interests | 2,441 | ||
Equity | 11,672 | ||
Non-current liabilities | 8,936 | ||
Deferred income tax liability | 724 | ||
Pension & other employee benefits liabilities | 1,244 | ||
Provisions | 965 | ||
Long-term debt | 5,988 | ||
Derivative instruments | 15 | ||
Put options on shares of subsidiaries | 207 | ||
Current liabilities | 6,256 | ||
Pension & other employee benefits liabilities, current portion | 160 | ||
Provisions, current portion | 121 | ||
Trade payables | 1,514 | ||
Other payables | 1,664 | ||
Income tax payable | 99 | ||
Short term debt and current portion of long-term debt | 2,640 | ||
Derivative instruments | 58 | ||
Total equity and liabilities
| 27,071
| ||
Page 2/3
Consolidated statements of cash flows (unaudited)
| MILLION EUROS | 9 MONTHS,
| 3RD QUARTER,
| ||||
Net cash provided by (used in) operating activities | ||||||
Net income | 960 | 563 | ||||
| Adjustments for income and expenses non cash or not related to operating activities, for financial expenses and income taxes : | ||||||
Depreciation and amortization of assets | 709 | 255 | ||||
Impairment losses | 10 | 1 | ||||
Income from associates | (30 | ) | (16 | ) | ||
(Gains) on disposals, net | (19 | ) | (16 | ) | ||
Finance costs (income) | 331 | 150 | ||||
Income taxes | 408 | 191 | ||||
Others, net | (36 | ) | (77 | ) | ||
Change in operating working capital items, excluding financial expenses and income taxes | (725 | ) | (267 | ) | ||
Net cash provided by operating activities before impacts of financial expenses and income taxes | 1,608 | 784 | ||||
Cash payments for financial expenses | (329 | ) | (108 | ) | ||
Cash payments for income taxes | (461 | ) | (198 | ) | ||
Net cash provided by operating activities
| 818
| 478
| ||||
Net cash provided by (used in) investing activities | ||||||
Capital expenditures | (884 | ) | (350 | ) | ||
Investment subsidies received | 2 | 2 | ||||
Investment in subsidiaries and joint ventures(1) | (189 | ) | (21 | ) | ||
Investment in associates | (6 | ) | (2 | ) | ||
Investment in available for sale investments | (42 | ) | (5 | ) | ||
Disposals(2) | 101 | 43 | ||||
Net decrease (increase) in loans and long-term receivables | 10 | 6 | ||||
Net cash (used in) investing activities | (1,008 | ) | (327 | ) | ||
Net cash provided by (used in) financing activities | ||||||
Proceeds from issuance of common stock | 284 | 32 | ||||
Proceeds from issuance of common stock – minority interests subscription | 72 | 39 | ||||
Decrease in treasury shares | 2 | — | ||||
Dividends paid | (408 | ) | — | |||
Dividends paid by subsidiaries to minority interests | (116 | ) | (22 | ) | ||
Proceeds from issuance of long-term debt | 1,522 | 356 | ||||
Repayment of long-term debt | (1,346 | ) | (451 | ) | ||
Increase (decrease) in short-term debt | (252 | ) | (151 | ) | ||
Net cash (used in) financing activities | (242 | ) | (197 | ) | ||
Increase (decrease) in cash and cash equivalent | (432 | ) | (46 | ) | ||
Net effect of foreign currency translation on cash and cash equivalents | 124 | 27 | ||||
Cash and cash equivalents at beginning of year | 1,550 | 1,261 | ||||
Cash and cash equivalents at end of the period | 1,242 | 1,242 | ||||
(1) Net of cash and cash equivalents of companies acquired | 20 | 6 | ||||
(2) Net of cash and cash equivalents of companies disposed of | 1 | 1 | ||||
COMMUNICATIONS | INVESTOR RELATIONS | |
Stéphanie Tessier: 33-1 44-34-92-32
stephanie.tessier@lafarge.com | Yvon Brind’Amour: 33-1 44-34-11-26 yvon.brindamour@lafarge.com | |
Louisa Pearce-Smith: 33-1 44-34-18-18 louisa.pearce-smith@lafarge.com | Danièle Daouphars: 33-1 44-34-11-51 daniele.daouphars@lafarge.com | |
Lucy Wadge : 33-1 44-34-19-47 lucy.wadge@lafarge.com | Stéphanie Billet : 33-1 44-34-94-59 stephanie.billet@lafarge.com | |
Page 3/3
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date September 29, 2006 | Lafarge | |||
| (Registrant) | ||||
| By: | /s/ Jean-Jacques Gauthier
| |||
Name: | Jean-Jacques Gauthier | |||
Title: | Chief Financial Officer and | |||
| Executive Vice President | ||||
Page 5 of 5 Total Pages