half year report 2004 holcim ltd strength performance passion

Half-Year Report 2004 Holcim Ltd RESPONSIBILITY Y ACCESSIBILITY... Excludes the amortization of good will and other intangible assets.. Income statement figures translate d at average ra

Half-Year Report 2004 Holcim Ltd RESPONSIBILITY

Y

ACCESSIBILITY

I N NOVATION

1

1

2

3

4

As of December 31, 2003.

Net financial debt divided by share holders’ equity including interests o

f minority shareholders.

Excludes the amortization of good will and other intangible assets Income statement figures translate

d at average rate; balance sheet figures at year-end rate.

–4.4

+10.1

–1.0

+14.0

currency

+0.5

2

+0.7

3

KeyFig ures

Holcim increased sales across all core segments and witnessed renewed margin improvements.

2

Shareh

olders’

Letter

approvals

infrastruc-Shareh olders’ Letter

3

deliveries

predicted

Shareh

olders’

Letter

Shareh olders’ Letter

5

MillionCHF Notes January–June

2004 Unaudited

January–June 2003 Unaudited

2004 Unaudited

April–June 2003 Unaudited

±%

CHF

1 Excludes the amortization of goodwill and other intangible assets.

Consoli

datedS

tateme

ntofInc

ome

Unaudited

31.12.2003 Audited

30.06.2003 Unaudited

8

Dividends

Dividends

Consoli datedB alance Sheet

Statem

entofC

hanges

inCons

olidate

dEquit

y

(47)

9

Statem entofC hanges inCons olidate dEquit y

conjunc-Consoli

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ashFlo

wState

ment

January–June

2004 Unaudited

2003 Unaudited

±%

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tionwiththeannualfinancialstatementsastheyprovidean

11

1 3

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5

2004 Unaudited

2003 Unaudited

4

2004 Unaudited

2003 Unaudited

America

Latin America

Africa

Asia Pacific

Eliminations

Total Group

Prior-year figures as of December 31, 2003.

January–June

2004 Unaudited

2003 Unaudited

January–June

2004 Unaudited

2003 Unaudited

Notest otheCo nsolida tedFina ncialSt ateme nts

14

Shareh

olders

Consoli

datedFi

nancial

Statem

ents

’Letter

Notest

othe

Thisdocumentmaycontaincertainforward-looking

Financial Reporting Calendar

Third quarter 2004 results conference for press and analysts November 3, 2004

2004 annual results conference for press and analysts March 2, 2005

First quarter 2005 results May 2, 2005

General Meeting of Shareholders May 3, 2005

Dividend payment May 6, 2005

Half-year 2005 results August 18, 2005

www.holcim.com

communications@holcim.com

investor.relations@holcim.com

www.holcim.com

were poured in one day.” CarlosF.A.deBrittoeSilva,EngineeringManager,CEITAIPU,Brazil

The Itaipu hydroelectric power plant on the border between