ESTIMATED 2005 RESULTS : DETAILED FIGURES

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APPENDIX 1

(Estimated) Results by Business Sector and Geographic Area
(in EUR millions)


I. SALES

2004
(in EUR m)		 2005E (in EUR m) Change on an actual structure basis Change on a comparable structure basis Change on a comparable structure and currency basis
by Sector and Division:  
Building Distribution 13,653 15,451 +13.2% +3.0% +2.7%
High-Performance Materials (1) 4,732 4,880 +3.1% +2.9% +1.4%
Ceramics and Plastics & Abrasives 3,482 3,591 +3.1% +3.9% +2.6%
Reinforcements 1,271 1,306 +2.8% -0.2% -2.2%
Flat Glass 4,429 4,680 +5.7% +2.8% +0.4%
Packaging 3,880 4,008 +3.3% +2.6% +1.9%
Construction Products (1) 6,019 6,694 +11.2% +6.8% +6.0%
Building Materials 2,620 2,733 +4.3% +6.4% +5.2%
Insulation 2,030 2,244 +10.5% +7.6% +7.1%
Gypsum   263 ns  
Pipe 1,388 1,474 +6.2% +6.5% +5.6%
 
Internal sales and misc. -541 -603 n.s. n.s. n.s.
Group Total 32,172 35,110 +9.1% +3.6% +2.7%
excluding Gypsum :  
Construction Products (1) 6,019 6,431 +6.8% +6.8% +6.0%
Group Total 32,172 34,873 +8.4% +3.6% +2.7%
 
by geographic area:  
France 10,772 11,438 +6.2% +4.7% +4.7%
Other Western European Countries (2) 13,801 15,193 +10.1% -0.2% +0.0%
North America 5,739 5,956 +3.8% +4.1% +4.0%
Emerging countries and Asia 3,577 4,443 +24.2% +16.2% +6.8%
Internal sales -1 717 -1 920 n.s. n.s. n.s.
Group Total 32,172 35,110 +9.1% +3.6% +2.7%
Excluding Gypsum :  
Other Western European Countries 13,801 14,939 +8.2% -0.2% +0.0%
Group Total 32,172 34,873 +8.4% +3.6% +2.7%
(1) including intra-sector eliminations
(2) BPB is included in Other Western European Countries


II. OPERATING INCOME

2004
(in EUR m)		 2005E
(in EUR m)		 Change on an actual structure basis 2004 (in % of sales) 2005E (in % of sales)
by Sector and Division:  
Building Distribution
762
888
+16.5%
5.6%
5.7%
High-Performance Materials
503
511
+1.6%
10.6%
10.5%
Ceramics and Plastics & Abrasives
419
462
+10.3%
12.0%
12.9%
Reinforcements
84
49
-41.7%
6.6%
3.8%
Flat Glass
461
453
-1.7%
10.4%
9.7%
Packaging
459
385
-16.1%
11.8%
9.6%
Construction Products
542
614
+13.3%
9.0%
9.2%
Building Materials
202
223
+10.4%
7.7%
8.2%
Insulation
257
292
+13.6%
12.7%
13.0%
Gypsum  
-8
  
ns
Pipe
83
107
+28.9%
6.0%
7.3%
Miscellaneous
16
9
n.s.
  
Group Total
2,743
2,860
+4.3%
8.5%
8.1%
excluding Gypsum :  
Construction Products
542
622
+14.8%
9.0%
9.7%
Group Total
2,743
2,868
+4.6%
8.5%
8.2%
 
by geographic area:  
France
831
889
+7.0%
7.7%
7.8%
Other Western European Countries
961
1 090
+13.4%
7.0%
7.2%
North America
522
487
-6.7%
9.1%
8.2%
Emerging countries and Asia
429
394
-8.2%
12.0%
8.9%
Group Total
2,743
2,860
+4.3%
8.5%
8.1%
Excluding Gypsum :  
Other Western European Countries
961
1,098
+14.3%
7.0%
7.3%
Group Total
2,743
2,868
+4.6%
8.5%
8.2%




III. BUSINESS INCOME

2004
(in EUR m)		 2005E
(in EUR m)		 Change on an actua lstructure basis 2004 (in % of sales) 2005E (in % of sales)
by Sector and Division:  
Building Distribution
759
874
+15.2%
5.6%
5.7%
High-Performance Materials
409
411
+0.5%
8.6%
8.4%
Ceramics and Plastics & Abrasives
347
378
+8.9%
10.0%
10.5%
Reinforcements
62
33
-46.8%
4.9%
2.5%
Flat Glass
411
443
+7.8%
9.3%
9.5%
Packaging
422
375
-11.1%
10.9%
9.4%
Construction Products
468
559
+19.4%
7.8%
8.4%
Building Materials
187
247
+32.1%
7.1%
9.0%
Insulation
238
278
+16.8%
11.7%
12.4%
Gypsum  
-57
  
ns
Pipe
43
91
+111.6%
3.1%
6.2%
Miscellaneous
-51
-108
n.s.
  
Group Total
2,418
2,554
+5.6%
7.5%
7.3%
excluding Gypsum :  
Construction Products
468
616
+31.6%
7.8%
9.6%
Group Total
2,418
2,611
+8.0%
7.5%
7.5%
 
by geographic area:  
France
838
856
+2.1%
7.8%
7.5%
Other Western European Countries
839
1 012
+20.6%
6.1%
6.7%
North America
329
302
-8.2%
5.7%
5.1%
Emerging countries and Asia
412
384
-6.8%
11.5%
8.6%
Group Total
2,418
2,554
+5.6%
7.5%
7.3%
Excluding Gypsum :  
Other Western European Countries
839
1 069
+27.4%
6.1%
7.2%
Group Total
2,418
2,611
+8.0%
7.5%
7.5%

* after asbestos-related charge (before tax) of EUR100m in 2005E and EUR108m in 2004.



IV. CASH FLOW



2004
(in EUR m)		 2005E
(in EUR m)		 Change on an actua lstructure basis 2004 (in % of sales) 2005E (in % of sales)
by Sector and Division:  
Building Distribution
524
667
+27.3%
3.8%
4.3%
High-Performance Materials
488
446
-8.6%
10.3%
9.1%
Ceramics and Plastics & Abrasives
354
342
-3.4%
10.2%
9.5%
Reinforcements
134
104
-22.4%
10.5%
8.0%
Flat Glass
511
528
+3.3%
11.5%
11.3%
Packaging
492
432
-12.2%
12.7%
10.8%
Construction Products
540
559
+3.5%
9.0%
8.4%
Building Materials
203
212
+4.4%
7.7%
7.8%
Insulation
266
287
+7.9%
13.1%
12.8%
Gypsum  
-31
  
ns
Pipe
71
91
+28.2%
5.1%
6.2%
Miscellaneous
84
103
n.s.
  
Group Total
2,639
2 735
+3.6%
8.2%
7.8%
excluding Gypsum :  
Construction Products
540
585
+8.3%
9.0%
9.1%
Group Total
2,639
2 767
+4.9%
8.2%
7.9%
 
by geographic area:  
France
841
903
+7.4%
7.8%
7.9%
Other Western European Countries
893
969
+8.5%
6.5%
6.4%
North America
446
410
-8.1%
7.8%
6.9%
Emerging countries and Asia
459
453
-1.3%
12.8%
10.2%
Group Total
2,639
2 735
+3.6%
8.2%
7.8%
Excluding Gypsum :  
Other Western European Countries
893
1 001
+12.1%
6.5%
6.7%
Group Total
2,639
2,767
+4.9%
8.2%
7.9%

* after asbestos-related charge (before tax) of EUR68m in 2005E and EUR72m in 2004.


V. CAPITAL EXPENDITURE



2004
(in EUR m)		 2005E
(in EUR m)		 Change on an actual structure basis 2004 (in % of sales) 2005E (in % of sales)
by Sector and Division:  
Building Distribution
249
327
+31.3%
1.8%
2.1%
High-Performance Materials
240
271
+12.9%
5.1%
5.6%
Ceramics and Plastics & Abrasives
132
187
+41.7%
3.8%
5.2%
Reinforcements
108
84
-22.2%
8.5%
6.4%
Flat Glass
448
485
+8.3%
10.1%
10.4%
Packaging
302
305
+1.0%
7.8%
7.6%
Construction Products
296
354
+19.6%
4.9%
5.3%
Building Materials
101
102
+1.0%
3.9%
3.7%
Insulation
144
145
+0.7%
7.1%
6.5%
Gypsum  
52
  
19.8%
Pipe
51
56
+9.8%
3.7%
3.8%
Miscellaneous
5
14
n.s.
  
Group Total
1,540
1,756
+14.0%
4.8%
5.0%
excluding Gypsum :  
Construction Products
296
302
+2.0%
4.9%
4.7%
Group Total
1,540
1,705
+10.7%
4.8%
4.9%
 
by geographic area:  
France
363
391
+7.7%
3.4%
3.4%
Other Western European Countries
483
574
+18.8%
3.5%
3.8%
North America
273
256
-6.2%
4.8%
4.3%
Emerging countries and Asia
421
535
+27.1%
11.8%
12.0%
Group Total
1,540
1,756
+14.0%
4.8%
5.0%
Excluding Gypsum :  
Other Western European Countries
483
523
+8.3%
3.5%
3.5%
Group Total
1,540
1 705
+10.7%
4.8%
4.9%




APPENDIX 2

(Estimated) Balance sheet at 12/31/05 (with BPB)
 (in EUR millions)

  December 31, 2005 December 31, 2004 Impact of BPB acquisition  
 
Goodwill   10,541  5,203  4,882 
(2)
Other intangible assets, net 2,346  1,804  15 
Property, plant and equipment 12,508  9,367  1,864 
Investments in associates 136  64  49 
Available for sale and other securities 161  92  1 
Deferred Tax assets 352  350  0 
Other non-current assets 282  321  17 
  Non-current assets 26,326  17,201  6,828 
 
Inventories   5,543  4,817  237 
Trade accounts receivable 5,848  4,789  471 
Other accounts receivable 1,015  1,070  70 
Cash and cash equivalents 2,080  2,898  239 
  Current assets 14,486  13,574  1,017 
 
Total assets   40,812  30,775  7,845 
 
Shareholders' equity   12,261  10,673  (58) 
(3)
Minority interests 328  237  15 
  Shareholders' equity and minority interests 12,589  10,910  (43) 
 
Pensions and other post-retirement benefits   3,029  2,750  358 
Deferred tax liability 816  588  61 
Non-current provisions for contingencies and expenses 704  548  82 
Long-term debt 11,204  5,629  6 193 
Long-term payables on investments 130  0  0 
  Non-current liabilities 15,883  9,515  6 694 
 
Current provisions for contingencies and expenses   409  353  36 
Short-term payables on investments 265  0  243 
Trade accounts payable 4,821  3,954  274 
Other payables and accrued expenses 3,116  2,556  313 
Short-term debt 3,729  3,487  328 
  Current liabilities 12,340  10,350  1 194 
 
Total liabilities and shareholder's equity   40,812  30,775  7,845   
 
 
Net Debt   12,853  6,218  6,282 
(1)


Main impacts related to the acquisition of BPB

(1) of which net debt related to BPB: EUR 6,282 million, including EUR 5,609 million
     related to the acquisition of shares and EUR 673 million related to net debt reported
     in the books of BPB
(2) All BPB inventories revalued at fair value at November 30 had been sold
     at December 31, 2005
(3) Amounts payable on investments relate to the cost of shares not cashed out
     at December 31




APPENDIX 3

BPB (estimated) consolidated income statement (before and after data restatements by Saint-Gobain)
(in € millions)


 
December 2005
BPB before restatements BPB after restatements Main restatements
Sales and ancillary revenue
263
237
 Elimination of internal sales between BPB and Saint-Gobain Group companies: EUR (26)m
Operating income
24
(8)
 Impact of revaluation of inventories at fair value in the opening balance sheet and cancellation of margins generated in December: EUR (32)m
Dividends from non-consolidated companies  
Non-operating costs
0
(36)
 Restructuring costs (implementation of synergies), of which EUR (13) million relating to the termination of BPB's Savings Plan
Profit (loss) on disposals and asset write-downs
0
(13)
 Write-down of BPB's ERP 
Goodwill amortization  
Business income
24
(57)
  
Net financial income (expense)
(2)
(18)
 Finance costs relating to the acquisition (December 15 to 31): EUR (11) million; Exceptional items: EUR (5) million
Income taxes
(6)
20
 Taxes related to the foregoing adjustments 
Share in net income of equity investees
1
1
  
Net income before minority interests
17
(54)
Minority interests  
Net income
17
(54)
  
Net income excluding capital gains (losses)
17
(45)