holcim ltd first quarter results 2006

First Quarter Results 2006... Cautionary statement regarding forward-looking statements This document may contain certain forward-looking statements relating to the Group’s future busin

First Quarter Results 2006

Cautionary statement regarding forward-looking statements

This document may contain certain forward-looking statements relating to

the Group’s future business, development and economic performance Such statements may be subject to a number of risks, uncertainties and other

important factors, such as but not limited to (1) competitive pressures; (2)

legislative and regulatory developments; (3) global, macroeconomic and

political trends; (4) fluctuations in currency exchange rates and general

financial market conditions; (5) delay or inability in obtaining approvals from authorities; (6) technical developments; (7) litigation; (8) adverse publicity

and news coverage, which could cause actual development and results to

differ materially from the statements made in this document Holcim

assumes no obligation to update or alter forwardlooking statements whether

as a result of new information, future events or otherwise.

Million CHF Full Year 1st Quarter

+/-1 Adjusted in line with IAS 21 amended

2 excludes the amortization of goodwill and other intangible assets

Major changes in the scope of consolidation

Effective as at Cement

capacity

+/– Various smaller companies

1 African Basket (EGP, ZAR, MAD) 1 0.97 1.00 1.07 7.0%

1 Asian Basket (AUD, NZD, THB, PHP) 1 1.04 1.00 1.08 8.0%

Balance sheet

exchange rates in CHF 31/03/05 31/12/05 31/03/06 +/-

1 African Basket (EGP, ZAR, MAD) 2 0.93 1.00 1.01 1.0%

1 Asian Basket (AUD, NZD, THB, PHP) 2 0.94 1.00 0.99 -1.0%

1 weighted by net sales Q1 2005

2 weighted by net sales full year 2005

Sales of cement by region

3.0

5.9 5.5

6.1

10.1

6.8 6.2

3.4 3.1 3.2

6.4 5.0 5.4

Total Group Q1 2004 21.9 Q1 2005 22.3 Q1 2006 27.8

2,730 2,760

926 675

Q1 2004 Q1 2005 Q1 2006

North America 18.5%

Europe 34.5%

Asia Pacific 18.0%

Africa Middle East

9.7%

Latin America 19.3%

Net sales by region

Net sales Q1 2006

1,001

658 694

Operating EBITDA by region

291

175 216

151 127

92

217

117 117

Q1 2004* Q1 2005 Q1 2006

Operating profit by region

Million CHF

-1 -16 2

263

192 207

162

92 100

128 107

70

141

72 59

Q1 2004* Q1 2005 Q1 2006

77 60

Cash flow statement

2005 2005 2006 Cash flow from operating activities 3,405 77 -107 -239.0%

Net investments to maintain productive

Free cash flow 2,526 -70 -317 -352.9%

Financing requirement -3,492 -3,804 -1,096 -71.2%

Million CHF Full Year 1st Quarter

2005 2005 2006 Financing requirement -3,492 -3,804 -1,096 -71.2%

In(De)crease in financial liabilities 2,424 4,789 1,113

In(De)crease in cash and

cash equivalents -603 1,431 -8 -100.6%

Million CHF Full Year 1st Quarter

Financial position

15,418 14,250

Price/volume variances per region

Domestic cement prices

Domestic cement prices

* if not otherwise indicated calculation based on local currencies 1 calculation in USD

Price/volume variances per region

Africa Middle East

Domestic cement prices

* if not otherwise indicated calculation based on local currencies

Domestic cement prices

* if not otherwise indicated calculation based on local currencies

Strength Performance Passion.