Saint-Gobain: switch to IFRS

• OVERVIEW • BUSINESS SECTORS • HUMAN RESOURCES • ENVIRONMENT AND SECURITY • WEBSITES

• ACTIVITY • MARKET • SUSTAINABLE DEVELOPMENT

• COUNTRY • ACTIVITY • NAME

• TRANSACTIONS • RESULTS • STOCK EXCHANGE • PUBLICATIONS • AGM AND MEETINGS • CORPORATE GOVERNANCE • CONTACTS

• PRESENTATION • TECHNOLOGY AND EXPERTISE • PROFESSION R&D • R&D CONTACTS • EXTERNAL VENTURING

• JOB OFFERS • YOUR APPLICATION • STUDENT JOB FAIRS • HR ADDRESSES

• RELEASES • SPECIAL FEATURES

MAIN IMPACTS OF THE SWITCH TO IFRS STANDARDS
ON SAINT-GOBAIN’S 2004 FINANCIAL STATEMENT

• Impacts on the 2004 statement of income :
  - Operating income up by €111 million (+4.2%)
  - Net income up by €156 million (+14.4%)

• Impacts on the balance sheet at December 31, 2004 :
  - Shareholders’ equity down 7.6% to €10,910 million from €11,806 million, under French GAAP

• Minimal impact on cash flows from operations: up by €27 million (+1.0%)

		Press release, March 29, 2005
		Analysts-meeting, March 30, 2005 : slides, webcast
		'IFRS in short' : summary document on IFRS standards (pdf)