2014 Registration Document and Annual Financial Report - page 222

Financial Statemements
Consolidated Financial Statements and Notes
5
(6) The Grand Real Estate Bv in the Netherlands, which owns and operates Sofitel Amsterdam The Grand that is run by Accor under
management contract. Key figures for The Grand Real estate Bv are as follows:
The Grand Real Estate (Hotels, Netherlands)
Sofitel The Grand
(inmillions of euros)
Dec. 2013
Dec. 2014
Revenue
24
24
Net profit (loss)
(4)
(0)
Total current Assets
2
6
Total non-current Assets
35
76
Equity (including currency translation reserve)
28
28
Total current Liabilities
9
7
Total non-current Liabilities
-
47
Net cash/(Net debt)
(1)
(44)
Market capitalization
N/A
N/A
Dividends paid by the compagny to Accor during the period
-
-
% interest held
58.71% 58.71%*
* The percentage of control is 40%.
(7) Société Hôtelière Paris les Halles, which owns and operates the Novotel Paris Les Halles and also holds interests in various other hotel
companies such as The Grand Real Estate BV and Saint James Ltd, owner and operator of the Sofitel Saint James and the ibis Styles
St Andrew Square in the United Kingdom. Key figures for Société Hôtellière Paris Les Halles are as follows:
Société Hôtelière Paris Les Halles
(inmillions of euros)
Dec. 2013
Dec. 2014
Revenue
90
126
Net profit (loss)
2
2
Total current Assets
29
30
Total non-current Assets
134
179
Equity (including currency translation reserve)
40
41
Total current Liabilities
14
16
Total non-current Liabilities
109
153
Net cash/(Net debt)
(86)
(128)
Market capitalization
N/A
N/A
Dividends paid by the compagny to Accor during the period
0
1
% interest held
31.19% 31.19%
Registration Document 2014
220
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