HISTORY 2004-2005, GIVEN IN FRENCH STANDARDS

		Sales and Operating Income
		Cash Flow from Operations and Capital Expenditure
		Net Income and Earnings per Share
		Shareholders’ Equity and Net Indebtedness

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CASH FLOW FROM OPERATIONS (in millions of euros)

GROUP BY SECTOR AND DIVISION BY GEOGRAPHIC AREA   Excluding the impact of BPB (December 2005), cash flow from operations came in at EUR 2,767 million, an increase of 4.9% on the prior-year figure. Excluding the impact of capital gains tax, cash flow from operations climbed by 5.0% in relation to 2004, coming in at EUR 2,767 million, compared with EUR 2,635 million a year earlier.

CAPITAL EXPENDITURE(in millions of euros and as a % of sales)

GROUP BY SECTOR AND DIVISION BY GEOGRAPHIC AREA   Excluding the impact of BPB (December 2005), capital expenditure rose 10.7% to EUR 1,705 million, from EUR 1,540 million in 2004, and represented 4.9% of sales, compared to 4.8% a year earlier. This rise was mainly fueled by the ramp-up of the capital expenditure program in emerging countries, particularly Asia.