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    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "Tag386": {
   "value": "\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y81 ffc fs11 fc2 sc0 ls3d ws105\" style=\"z-index: 15;\">6.1<span class=\"_ _5\"/> <span class=\"_ _78\"> </span>I<span class=\"_ _5\"/>nformation<span class=\"_ _5\"/>s g\u00e9n\u00e9r<span class=\"_ _5\"/>ales</div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y84 ff7 fs6 fc3 sc0 ls36 ws6a\" style=\"z-index: 15;\">Activi<span class=\"_ _5\"/>t\u00e9s<span class=\"_ _d\"/> commerciales</div>\n<div class=\"t m0 x5 h7 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpost SA et se<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les (d\u00e9no<span class=\"_ _5\"/>mm\u00e9e c<span class=\"_ _5\"/>i \u2013 apr\u00e8<span class=\"_ _5\"/>s \u201c<span class=\"ff5 ls33 ws7a\">bpost<span class=\"_ _5\"/></span>\u201d) four<span class=\"_ _5\"/>nis<span class=\"_ _5\"/>sent d<span class=\"_ _5\"/>es ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices na<span class=\"_ _5\"/>tionau<span class=\"_ _5\"/>x et inte<span class=\"_ _5\"/>rnati<span class=\"_ _5\"/>onaux da<span class=\"_ _5\"/>ns le dom<span class=\"_ _5\"/>aine du cour<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>r et du</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">paq<span class=\"_ _5\"/>uet, e<span class=\"_ _5\"/>n ce compr<span class=\"_ _5\"/>is l\u2019enl\u00e8vem<span class=\"_ _5\"/>ent, l<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>spor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>, le tri e<span class=\"_ _5\"/>t la dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n de courr<span class=\"_ _5\"/>ier a<span class=\"_ _5\"/>dres<span class=\"_ _5\"/>s\u00e9 et n<span class=\"_ _5\"/>on adre<span class=\"_ _5\"/>ss\u00e9<span class=\"_ _5\"/>, d\u2019impr<span class=\"_ _5\"/>im\u00e9<span class=\"_ _5\"/>s, de jo<span class=\"_ _5\"/>urnau<span class=\"_ _5\"/>x, et de</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls5d ws71\" style=\"z-index: 15;\">paquet<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>stg<span class=\"_ _5\"/>roup ven<span class=\"_ _5\"/>d \u00e9gal<span class=\"_ _5\"/>ement to<span class=\"_ _5\"/>ute une s<span class=\"_ _5\"/>\u00e9rie d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>aut<span class=\"_ _5\"/>res pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s et s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s, par<span class=\"_ _5\"/>mi les<span class=\"_ _5\"/>quel<span class=\"_ _5\"/>s des p<span class=\"_ _5\"/>roduit<span class=\"_ _5\"/>s po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ux, pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s, p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts ba<span class=\"_ _5\"/>ncair<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers<span class=\"_ _5\"/>, la log<span class=\"_ _5\"/>isti<span class=\"_ _5\"/>que po<span class=\"_ _5\"/>ur le e \u2013 comme<span class=\"_ _5\"/>rce, de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de li<span class=\"_ _5\"/>vrai<span class=\"_ _5\"/>son ex<span class=\"_ _5\"/>pre<span class=\"_ _5\"/>ss, d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e proxim<span class=\"_ _5\"/>it\u00e9 et comm<span class=\"_ _5\"/>odit\u00e9<span class=\"_ _5\"/>, la ges<span class=\"_ _5\"/>tion de d<span class=\"_ _5\"/>o-</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cume<span class=\"_ _5\"/>nts e<span class=\"_ _5\"/>t d\u2019autre<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces app<span class=\"_ _5\"/>arent\u00e9<span class=\"_ _5\"/>s. bp<span class=\"_ _5\"/>ost a<span class=\"_ _5\"/>ssum<span class=\"_ _5\"/>e \u00e9gale<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s d\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat \u00e9<span class=\"_ _5\"/>conom<span class=\"_ _5\"/>ique g\u00e9n<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>l pour le com<span class=\"_ _5\"/>pte de l\u2019<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 867px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 hb y8d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Statut ju<span class=\"_ _d\"/>ridique</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpost est une soci\u00e9t\u00e9 anonyme de dro<span class=\"_ _5\"/>it publi<span class=\"_ _5\"/>c. Le si<span class=\"_ _5\"/>\u00e8ge so<span class=\"_ _5\"/>cial de bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>st si<span class=\"_ _5\"/>s au Centre Monnaie, \u00e0 1000 Bruxelles. Le<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t son<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cot\u00e9e<span class=\"_ _5\"/>s sur le Euro<span class=\"_ _5\"/>nex<span class=\"_ _5\"/>t Br<span class=\"_ _5\"/>uss<span class=\"_ _5\"/>els d<span class=\"_ _5\"/>epuis l<span class=\"_ _5\"/>e 21 juin 2013 (ISI<span class=\"_ _5\"/>N BPOS<span class=\"_ _5\"/>T).</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 777px; height: 275px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div class=\"t m0 x5 h1a y8ae ffc fs11 fc2 sc0 ls53 ws64\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>2 <span class=\"_ _78\"> </span>Base de pr\u00e9paration</div>\n<div class=\"t m0 x5 h8 y8af ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La publication des \u00e9tats financiers consolid\u00e9s de bpost et du rapport du Conseil d\u2019Administration pr\u00e9par\u00e9s conform\u00e9ment \u00e0 l\u2019article 3 :32</div>\n<div class=\"t m0 x5 h7 y8b0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du code des soci\u00e9t\u00e9s et des associations (\"BCSA\") et repris aux pages 13 \u00e0 44, 51 \u00e0 67, 76 \u00e0 82, 87, 158 et 160 pour l\u2019exercice cl\u00f4tur\u00e9 au 31 <span class=\"ff5 lse2 wsc9\"><span class=\"ff4 ls0 ws0\"/></span></div>\n<div class=\"t m0 x5 h8 y3f6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9cembre 2022 a \u00e9t\u00e9 autoris\u00e9 par le Conseil d\u2019Administration de bpost du 16 mars 2023. Les \u00e9tats financiers consolid\u00e9s de bpost ont \u00e9t\u00e9 pr\u00e9-</div>\n<div class=\"t m0 x5 h7 y42c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par\u00e9s en respect des Normes Internationales d\u2019Information Financi\u00e8re (IFRS), comme adopt\u00e9es par l\u2019Union Europ\u00e9enne. bpost a pr\u00e9par\u00e9 les</div>\n<div class=\"t m0 x5 h8 y8b1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9tats financiers sur base de la poursuite normale des activit\u00e9s car il n'y a en effet pas d'incertitudes mat\u00e9rielles et les ressources pour conti-</div>\n<div class=\"t m0 x5 h8 y8b2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nuer les activit\u00e9s sont suffisantes. Bien q<span class=\"_ _5\"/>ue bpos<span class=\"_ _5\"/>t n'<span class=\"_ _d\"/>ai<span class=\"_ _5\"/>t pas d'act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s dire<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>s en Ukr<span class=\"_ _5\"/>aine ou e<span class=\"_ _5\"/>n Russ<span class=\"_ _5\"/>ie, bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>st affe<span class=\"_ _5\"/>ct\u00e9<span class=\"_ _5\"/>e par le<span class=\"_ _5\"/>s implic<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y8b3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">macr<span class=\"_ _5\"/>o\u00e9co<span class=\"_ _5\"/>nomiqu<span class=\"_ _5\"/>es de la g<span class=\"_ _5\"/>uer<span class=\"_ _5\"/>re (inf<span class=\"_ _5\"/>lation<span class=\"_ _5\"/>, augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s prix<span class=\"_ _5\"/>, bais<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s d\u00e9pe<span class=\"_ _5\"/>nse<span class=\"_ _5\"/>s de cons<span class=\"_ _5\"/>ommat<span class=\"_ _5\"/>ion ayant u<span class=\"_ _5\"/>n impac<span class=\"_ _5\"/>t sur le e<span class=\"_ _5\"/>-<span class=\"_ _5\"/>commer<span class=\"_ _5\"/>ce</div>\n<div class=\"t m0 x5 h8 y42d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et le<span class=\"_ _5\"/>s taux d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>compte). bp<span class=\"_ _5\"/>ost su<span class=\"_ _5\"/>r<span class=\"_ _5\"/>veille cet<span class=\"_ _5\"/>te \u00e9vo<span class=\"_ _5\"/>lutio<span class=\"_ _5\"/>n et conti<span class=\"_ _5\"/>nuer<span class=\"_ _5\"/>a \u00e0 \u00e9valu<span class=\"_ _5\"/>er les im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>ts fu<span class=\"_ _5\"/>turs<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y42e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>rs con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s son<span class=\"_ _5\"/>t pr\u00e9s<span class=\"_ _5\"/>ent\u00e9<span class=\"_ _5\"/>s en Euro (\u201c<span class=\"ff5 ls5d ws71\">EUR<span class=\"_ _5\"/></span>\u201d). T<span class=\"_ _1\"/>ous l<span class=\"_ _5\"/>es mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t arro<span class=\"_ _5\"/>ndis au mil<span class=\"_ _5\"/>lion le plu<span class=\"_ _5\"/>s proc<span class=\"_ _5\"/>he sauf m<span class=\"_ _5\"/>enti<span class=\"_ _5\"/>on par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y42f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">culi\u00e8<span class=\"_ _5\"/>re. Le<span class=\"_ _5\"/>s \u00e9tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9s so<span class=\"_ _5\"/>nt pr\u00e9p<span class=\"_ _5\"/>ar\u00e9s s<span class=\"_ _5\"/>elon le p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>pe du co\u00fbt h<span class=\"_ _5\"/>isto<span class=\"_ _5\"/>rique<span class=\"_ _5\"/>, except<span class=\"_ _5\"/>\u00e9 pour le<span class=\"_ _5\"/>s \u00e9l\u00e9m<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s \u00e9valu<span class=\"_ _5\"/>\u00e9s \u00e0 la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y431 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipes co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>les ad<span class=\"_ _5\"/>opt\u00e9s s<span class=\"_ _5\"/>ont conf<span class=\"_ _5\"/>orme<span class=\"_ _5\"/>s \u00e0 ceux a<span class=\"_ _5\"/>ppliqu<span class=\"_ _5\"/>\u00e9s po<span class=\"_ _5\"/>ur la pr\u00e9p<span class=\"_ _5\"/>arat<span class=\"_ _5\"/>ion des \u00e9<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inancie<span class=\"_ _5\"/>rs con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s annu<span class=\"_ _5\"/>els d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t pour</div>\n<div class=\"t m0 x5 h8 y432 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'exerc<span class=\"_ _5\"/>ice clos le 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2021, \u00e0 l'excep<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>ado<span class=\"_ _5\"/>ptio<span class=\"_ _5\"/>n de nou<span class=\"_ _5\"/>velles n<span class=\"_ _5\"/>orme<span class=\"_ _5\"/>s et inte<span class=\"_ _5\"/>rpr\u00e9<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ions en v<span class=\"_ _5\"/>igueu<span class=\"_ _5\"/>r \u00e0 par<span class=\"_ _5\"/>tir du 1er ja<span class=\"_ _5\"/>nvier 20<span class=\"_ _5\"/>22<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y434 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>mend<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts sui<span class=\"_ _5\"/>vant<span class=\"_ _5\"/>s aux n<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>es ex<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>antes s'appl<span class=\"_ _5\"/>iquent p<span class=\"_ _5\"/>our la pr<span class=\"_ _5\"/>emi\u00e8r<span class=\"_ _5\"/>e fois \u00e0 pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ir de 202<span class=\"_ _5\"/>2 :</div>\n<div class=\"t m0 x5 h8 y8b4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ls7 ws8\">IFRS 3<span class=\"_ _d\"/> \u2013 Amendements \u2013 R\u00e9f\u00e9renc<span class=\"_ _d\"/>e au cadre<span class=\"_ _d\"/> concept<span class=\"_ _d\"/>uel</span></div>\n<div class=\"t m0 x5 h8 y3f8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>IA<span class=\"_ _5\"/>S 16 \u2013 Ame<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s \u2013 Immob<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>tions co<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s : Produi<span class=\"_ _5\"/>ts ava<span class=\"_ _5\"/>nt utili<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n pr\u00e9v<span class=\"_ _5\"/>ue</div>\n<div class=\"t m0 x5 h8 y3f9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>IA<span class=\"_ _5\"/>S 37 \u2013 Am<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s \u2013 Cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>icit<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s \u2013 Co\u00fbt<span class=\"_ _5\"/>s d'ex\u00e9cu<span class=\"_ _5\"/>tion d'un co<span class=\"_ _5\"/>ntrat</div>\n<div class=\"t m0 x5 h8 y3fa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>IFR<span class=\"_ _5\"/>S 1 \u2013 AIP \u2013 Pre<span class=\"_ _5\"/>mi\u00e8re a<span class=\"_ _5\"/>dopti<span class=\"_ _5\"/>on des n<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>es inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>nales d'i<span class=\"_ _5\"/>nform<span class=\"_ _5\"/>ation f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ci\u00e8re \u2013 F<span class=\"_ _5\"/>iliale en t<span class=\"_ _5\"/>ant que p<span class=\"_ _5\"/>remie<span class=\"_ _5\"/>r adop<span class=\"_ _5\"/>tant</div>\n<div class=\"t m0 x5 h8 y3fb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>IFR<span class=\"_ _5\"/>S 9 \u2013 AIP \u2013 Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers \u2013 Fra<span class=\"_ _5\"/>is dans le te<span class=\"_ _5\"/>st de<span class=\"_ _5\"/>s \"10 pour cent<span class=\"_ _5\"/>\" pou<span class=\"_ _5\"/>r la d\u00e9co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s pas<span class=\"_ _5\"/>sifs f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y3fc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>IA<span class=\"_ _5\"/>S 41 \u2013 AIP \u2013 Ag<span class=\"_ _5\"/>ricul<span class=\"_ _5\"/>ture \u2013 Imp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on dans le<span class=\"_ _5\"/>s \u00e9valu<span class=\"_ _5\"/>ations d<span class=\"_ _5\"/>e la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y3fe ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ces m<span class=\"_ _5\"/>odif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>ions n'ont au<span class=\"_ _5\"/>cun impac<span class=\"_ _5\"/>t sur le<span class=\"_ _5\"/>s \u00e9ta<span class=\"_ _5\"/>ts f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers co<span class=\"_ _5\"/>nsol<span class=\"_ _5\"/>id\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 hb y5c ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Normes et interpr\u00e9ta<span class=\"_ _d\"/>tions publi\u00e9es mais<span class=\"_ _d\"/> qui ne sont p<span class=\"_ _d\"/>as encore<span class=\"_ _d\"/> appliqu\u00e9es par bpost</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les n<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>es, in<span class=\"_ _5\"/>terpr<span class=\"_ _5\"/>\u00e9tat<span class=\"_ _5\"/>ion, a<span class=\"_ _5\"/>mend<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>s et r<span class=\"_ _5\"/>\u00e9visi<span class=\"_ _5\"/>ons sui<span class=\"_ _5\"/>vant<span class=\"_ _5\"/>s, ad<span class=\"_ _5\"/>opt\u00e9<span class=\"_ _5\"/>es mais n<span class=\"_ _5\"/>on enco<span class=\"_ _5\"/>re en vig<span class=\"_ _5\"/>ueur ou s<span class=\"_ _5\"/>ur le poin<span class=\"_ _5\"/>t de deve<span class=\"_ _5\"/>nir oblig<span class=\"_ _5\"/>atoire<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u2019<span class=\"_ _d\"/>ont p<span class=\"_ _5\"/>as \u00e9t\u00e9 ap<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>es par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t pour la p<span class=\"_ _5\"/>r\u00e9par<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de se<span class=\"_ _5\"/>s \u00e9tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inancie<span class=\"_ _5\"/>rs con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t m0 x7 hc y8b5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NORMES OU<span class=\"_ _d\"/> INTERPR\u00c9TA<span class=\"_ _1\"/>TIONS<span class=\"_ _123\"> </span><span class=\"ls0 ws0\">EF<span class=\"_ _5\"/>FEC<span class=\"_ _5\"/>TIF P<span class=\"_ _5\"/>OUR L<span class=\"_ _5\"/>E REP<span class=\"_ _5\"/>ORT<span class=\"_ _5\"/>ING CO<span class=\"_ _5\"/>MM<span class=\"_ _5\"/>AN\u00c7<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NT AU OU A<span class=\"_ _5\"/>PR<span class=\"_ _5\"/>\u00c8S LE</span></div>\n<div class=\"t m0 x7 hd y8b6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">IAS 1 \u2013 Amendements</div>\n<div class=\"t m0 x37 he y8b7 ff4 fs9 fc2 sc0 lse3 ws106\" style=\"z-index: 15;\">(*)</div>\n<div class=\"t m0 xf hd y8b6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 Cla<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>men<span class=\"_ _5\"/>t des pa<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>fs en<span class=\"_ _5\"/>tre le<span class=\"_ _5\"/>s cat\u00e9<span class=\"_ _5\"/>gori<span class=\"_ _5\"/>es cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s et n<span class=\"_ _5\"/>on cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s<span class=\"_ _16e\"> </span><span class=\"ls1f ws21\">1 janvier 202<span class=\"_ _d\"/>4</span></div>\n<div class=\"t m0 x7 hd y8b8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IFR<span class=\"_ _5\"/>S 1<span class=\"_ _d\"/>7 \u2013 Con<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>s d'as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce<span class=\"_ _19f\"> </span><span class=\"ls1f ws21\">1 janvier 2023</span></div>\n<div class=\"t m0 x7 hd y8b9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IA<span class=\"_ _5\"/>S 1 \u2013 Am<span class=\"_ _5\"/>end<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t IFRS En<span class=\"_ _5\"/>onc\u00e9 d<span class=\"_ _5\"/>es pr<span class=\"_ _5\"/>atiq<span class=\"_ _5\"/>ues 2  \u2013  In<span class=\"_ _5\"/>form<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns \u00e0 fou<span class=\"_ _5\"/>rnir s<span class=\"_ _5\"/>ur les</div>\n<div class=\"t m0 x7 hd y8ba ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">m\u00e9thodes<span class=\"_ _d\"/> comp<span class=\"_ _d\"/>tables</div>\n<div class=\"t m0 xf4 hd y8b9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">1 janvier 2023</div>\n<div class=\"t m0 x7 hd y8bb ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IA<span class=\"_ _5\"/>S 8 \u2013 Am<span class=\"_ _5\"/>end<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts  \u2013  D<span class=\"_ _5\"/>\u00e9f<span class=\"_ _5\"/>initi<span class=\"_ _5\"/>on de<span class=\"_ _5\"/>s est<span class=\"_ _5\"/>imat<span class=\"_ _5\"/>ions co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bles<span class=\"_ _168\"> </span><span class=\"ls1f ws21\">1 janvier 2<span class=\"_ _d\"/>02<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd y8bc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IA<span class=\"_ _5\"/>S 12 \u2013 A<span class=\"_ _5\"/>men<span class=\"_ _5\"/>dem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s  \u2013  T<span class=\"_ _1\"/>a<span class=\"_ _5\"/>xes dif<span class=\"_ _5\"/>f\u00e9<span class=\"_ _5\"/>r\u00e9s r<span class=\"_ _5\"/>elat<span class=\"_ _5\"/>ifs au<span class=\"_ _5\"/>x ac<span class=\"_ _5\"/>tifs e<span class=\"_ _5\"/>t pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s r\u00e9s<span class=\"_ _5\"/>ultan<span class=\"_ _5\"/>t d'une</div>\n<div class=\"t m0 x7 hd y8bd ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">transa<span class=\"_ _5\"/>ction unique</div>\n<div class=\"t m0 xf4 hd y8bc ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">1 janvier 2023</div>\n<div class=\"t m0 x7 hd y8be ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">IFRS 1<span class=\"_ _d\"/>6 \u2013<span class=\"_ _d\"/> Amendement<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x162 he y8bf ff4 fs9 fc2 sc0 lse3 ws106\" style=\"z-index: 15;\">(*)</div>\n<div class=\"t m0 xc8 hd y8c0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion de d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te dans u<span class=\"_ _5\"/>n sale e<span class=\"_ _5\"/>t leas<span class=\"_ _5\"/>ebac<span class=\"_ _5\"/>k<span class=\"_ _ff\"> </span><span class=\"ls1f ws21\">1<span class=\"_ _d\"/> janvier 2024</span></div>\n<div class=\"t m0 x5 h10 y8ad ff8 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(*) Pas encore a<span class=\"_ _5\"/>dopt\u00e9 pa<span class=\"_ _5\"/>r l\u2019Unio<span class=\"_ _5\"/>n Europ\u00e9e<span class=\"_ _5\"/>nne \u00e0 la date de ce rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 27px; height: 710px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 27px; height: 1025px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st n\u2019a pas ado<span class=\"_ _5\"/>pt\u00e9 de fa<span class=\"_ _5\"/>\u00e7on anti<span class=\"_ _5\"/>cip\u00e9<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>aut<span class=\"_ _5\"/>res n<span class=\"_ _5\"/>orme<span class=\"_ _5\"/>s, inte<span class=\"_ _5\"/>rpr\u00e9<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ions ou a<span class=\"_ _5\"/>mend<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>s pub<span class=\"_ _5\"/>li\u00e9s ma<span class=\"_ _5\"/>is non en<span class=\"_ _5\"/>core d\u2019appl<span class=\"_ _5\"/>icati<span class=\"_ _5\"/>on effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ive.</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>odif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>ions n<span class=\"_ _5\"/>e devr<span class=\"_ _5\"/>aient p<span class=\"_ _5\"/>as avoir un im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t mat\u00e9r<span class=\"_ _5\"/>iel sur le<span class=\"_ _5\"/>s \u00e9tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9s de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 1047px; height: 35px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div class=\"t m0 x5 h1a y84 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>3 <span class=\"_ _78\"> </span>Ju<span class=\"_ _d\"/>gements co<span class=\"_ _d\"/>mptabl<span class=\"_ _d\"/>es essentiels et estimati<span class=\"_ _d\"/>ons</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Plusi<span class=\"_ _5\"/>eurs j<span class=\"_ _5\"/>ugeme<span class=\"_ _5\"/>nts co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>les es<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>tiel<span class=\"_ _5\"/>s sous \u2013 t<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>nt la pr\u00e9p<span class=\"_ _5\"/>arat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s \u00e9tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s confo<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>ment au<span class=\"_ _5\"/>x nor<span class=\"_ _5\"/>mes IF<span class=\"_ _5\"/>RS. Il<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ont un im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur la val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs et d<span class=\"_ _5\"/>es pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s. De<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>timati<span class=\"_ _5\"/>ons et hy<span class=\"_ _5\"/>poth<span class=\"_ _5\"/>\u00e8se<span class=\"_ _5\"/>s concer<span class=\"_ _5\"/>nant l\u2019avenir s<span class=\"_ _5\"/>ont \u00e9t<span class=\"_ _5\"/>ablie<span class=\"_ _5\"/>s. Elle<span class=\"_ _5\"/>s sont r<span class=\"_ _5\"/>\u00e9\u00e9va<span class=\"_ _5\"/>lu\u00e9e<span class=\"_ _5\"/>s en</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">permanence et<span class=\"_ _d\"/> reposent sur<span class=\"_ _d\"/> des mod\u00e8les et<span class=\"_ _d\"/> des attentes hi<span class=\"_ _d\"/>storiquement \u00e9tablis<span class=\"_ _d\"/> par rapport aux \u00e9v\u00e9nements futu<span class=\"_ _d\"/>rs qui semblen<span class=\"_ _d\"/>t raison<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">nabl<span class=\"_ _d\"/>es au<span class=\"_ _d\"/> vu des<span class=\"_ _d\"/> circ<span class=\"_ _d\"/>onstanc<span class=\"_ _d\"/>es actuel<span class=\"_ _d\"/>les.</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>utes le<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es et e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>ables u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9es dan<span class=\"_ _5\"/>s la pr\u00e9<span class=\"_ _5\"/>parat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s \u00e9tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers s<span class=\"_ _5\"/>ont en ad<span class=\"_ _5\"/>\u00e9quat<span class=\"_ _5\"/>ion avec l<span class=\"_ _5\"/>es der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns du bu<span class=\"_ _5\"/>dget / pla<span class=\"_ _5\"/>n \u00e0 long ter<span class=\"_ _5\"/>me de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>. Les ju<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ont bas<span class=\"_ _5\"/>\u00e9s sur le<span class=\"_ _5\"/>s infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>ns disp<span class=\"_ _5\"/>onible<span class=\"_ _5\"/>s aux date<span class=\"_ _5\"/>s de cha<span class=\"_ _5\"/>que bila<span class=\"_ _5\"/>n. Bie<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que le<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>timati<span class=\"_ _5\"/>ons so<span class=\"_ _5\"/>ient ba<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s sur les m<span class=\"_ _5\"/>eilleur<span class=\"_ _5\"/>es info<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>ions dis<span class=\"_ _5\"/>ponib<span class=\"_ _5\"/>les au Ma<span class=\"_ _5\"/>nageme<span class=\"_ _5\"/>nt, le r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>at r\u00e9el p<span class=\"_ _5\"/>eut v<span class=\"_ _5\"/>arie<span class=\"_ _5\"/>r de ces es<span class=\"_ _5\"/>tima<span class=\"_ _5\"/>tions<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 hb y7 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">R\u00e9duction de valeur<span class=\"_ _d\"/> d'actifs</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st eff<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tue de<span class=\"_ _5\"/>s test<span class=\"_ _5\"/>s ann<span class=\"_ _5\"/>uel<span class=\"_ _5\"/>s de r\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de va<span class=\"_ _5\"/>leur sur d<span class=\"_ _5\"/>es UGT a<span class=\"_ _5\"/>uxquel<span class=\"_ _5\"/>les un goo<span class=\"_ _5\"/>dwill a \u00e9<span class=\"_ _5\"/>t\u00e9 allou\u00e9 e<span class=\"_ _5\"/>t \u00e0 chaqu<span class=\"_ _5\"/>e fois qu\u2019i<span class=\"_ _5\"/>l exis<span class=\"_ _5\"/>te un indi<span class=\"_ _5\"/>ce</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de d\u00e9<span class=\"_ _5\"/>pr\u00e9c<span class=\"_ _5\"/>iation<span class=\"_ _5\"/>. Le Manage<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>oit r\u00e9al<span class=\"_ _5\"/>iser d<span class=\"_ _5\"/>es jugem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s impo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s et es<span class=\"_ _5\"/>timat<span class=\"_ _5\"/>ions af<span class=\"_ _5\"/>in de d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>miner la v<span class=\"_ _5\"/>aleur r<span class=\"_ _5\"/>ecouv<span class=\"_ _5\"/>rabl<span class=\"_ _5\"/>e d'un act<span class=\"_ _5\"/>if.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nts r<span class=\"_ _5\"/>ecouv<span class=\"_ _5\"/>rabl<span class=\"_ _5\"/>es son<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>s sur la va<span class=\"_ _5\"/>leur d'util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on. Pou<span class=\"_ _5\"/>r \u00e9valu<span class=\"_ _5\"/>er cet<span class=\"_ _5\"/>te der<span class=\"_ _5\"/>ni\u00e8re<span class=\"_ _5\"/>, les f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e futur<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>s sont a<span class=\"_ _5\"/>ctua<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h7 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lis<span class=\"_ _5\"/>\u00e9s \u00e0 leur v<span class=\"_ _5\"/>aleur a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>elle \u00e0 l'aide d'un ta<span class=\"_ _5\"/>ux d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>\u00e9 selo<span class=\"_ _5\"/>n la form<span class=\"_ _5\"/>ule du co\u00fbt m<span class=\"_ _5\"/>oyen po<span class=\"_ _5\"/>nd\u00e9r<span class=\"_ _5\"/>\u00e9 du capi<span class=\"_ _5\"/>tal (\"<span class=\"_ _5\"/><span class=\"ff5 ls8 ws9\">WACC</span>\"<span class=\"_ _5\"/>). La d\u00e9te<span class=\"_ _5\"/>rmina<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9sor<span class=\"_ _5\"/>erie n<span class=\"_ _5\"/>\u00e9ces<span class=\"_ _5\"/>site l'ut<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ion de ju<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>timat<span class=\"_ _5\"/>ions in<span class=\"_ _5\"/>t\u00e9gr\u00e9<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s plans e<span class=\"_ _5\"/>t budge<span class=\"_ _5\"/>ts ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s, ain<span class=\"_ _5\"/>si que de<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">app<span class=\"_ _5\"/>liqu\u00e9<span class=\"_ _5\"/>es rela<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>s au tau<span class=\"_ _5\"/>x de crois<span class=\"_ _5\"/>san<span class=\"_ _5\"/>ce \u00e0 long te<span class=\"_ _5\"/>rme et a<span class=\"_ _5\"/>u WACC.</div>\n<div class=\"t m0 x5 hb yc ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Avant<span class=\"_ _5\"/>ages au per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el \u2013 IA<span class=\"_ _5\"/>S <span class=\"_ _d\"/>19</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les h<span class=\"_ _5\"/>ypoth<span class=\"_ _5\"/>\u00e8se<span class=\"_ _5\"/>s cl\u00e9s in<span class=\"_ _5\"/>h\u00e9re<span class=\"_ _5\"/>ntes \u00e0 l\u2019\u00e9valua<span class=\"_ _5\"/>tion du p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>f relat<span class=\"_ _5\"/>if aux ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s au per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el et \u00e0 la f<span class=\"_ _5\"/>ixa<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des r<span class=\"_ _5\"/>\u00e9gime<span class=\"_ _5\"/>s de ret<span class=\"_ _5\"/>rait<span class=\"_ _5\"/>e in-</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clue<span class=\"_ _5\"/>nt la rot<span class=\"_ _5\"/>ation du p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l, le ta<span class=\"_ _5\"/>ux d\u2019accept<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>, le tau<span class=\"_ _5\"/>x de mor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>alit\u00e9, l\u2019\u00e2ge du d<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>t \u00e0 la re<span class=\"_ _5\"/>trai<span class=\"_ _5\"/>te, les t<span class=\"_ _5\"/>aux d\u2019ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>, les aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns des av<span class=\"_ _5\"/>antag<span class=\"_ _5\"/>es et le<span class=\"_ _5\"/>s futur<span class=\"_ _5\"/>es haus<span class=\"_ _5\"/>se<span class=\"_ _5\"/>s de sala<span class=\"_ _5\"/>ire, ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>s\u00e9s s<span class=\"_ _5\"/>ur base a<span class=\"_ _5\"/>nnuell<span class=\"_ _5\"/>e. La r\u00e9<span class=\"_ _5\"/>f\u00e9ren<span class=\"_ _5\"/>ce \u00e0 la bas<span class=\"_ _5\"/>e de donn<span class=\"_ _5\"/>\u00e9es r<span class=\"_ _5\"/>epren<span class=\"_ _5\"/>ant chaq<span class=\"_ _5\"/>ue ann\u00e9<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les d<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>es his<span class=\"_ _5\"/>tori<span class=\"_ _5\"/>ques di<span class=\"_ _5\"/>sponi<span class=\"_ _5\"/>bles \u00e9t<span class=\"_ _5\"/>ant gr<span class=\"_ _5\"/>andis<span class=\"_ _5\"/>san<span class=\"_ _5\"/>te, les do<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s dev<span class=\"_ _5\"/>ienne<span class=\"_ _5\"/>nt de plus e<span class=\"_ _5\"/>n plus s<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>es et coh<span class=\"_ _5\"/>\u00e9ren<span class=\"_ _5\"/>tes. L<span class=\"_ _5\"/>es circo<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>ances</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9e<span class=\"_ _5\"/>lles p<span class=\"_ _5\"/>euve<span class=\"_ _5\"/>nt diver<span class=\"_ _5\"/>ger de ce<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es, ce qu<span class=\"_ _5\"/>i engen<span class=\"_ _5\"/>dre un pas<span class=\"_ _5\"/>sif diff<span class=\"_ _5\"/>\u00e9rent a<span class=\"_ _5\"/>u niveau d<span class=\"_ _5\"/>es avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s au per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el, le<span class=\"_ _5\"/>quel p<span class=\"_ _5\"/>eut se r<span class=\"_ _5\"/>ef<span class=\"_ _5\"/>l\u00e9ter</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le co<span class=\"_ _5\"/>mpte de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats o<span class=\"_ _5\"/>u dans l\u2019\u00e9tat d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al cons<span class=\"_ _5\"/>olid\u00e9 su<span class=\"_ _5\"/>ivant la n<span class=\"_ _5\"/>ature de l\u2019avant<span class=\"_ _5\"/>age.</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s de mor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>alit\u00e9 ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>nt les ta<span class=\"_ _5\"/>bles b<span class=\"_ _5\"/>elges d<span class=\"_ _5\"/>e mor<span class=\"_ _5\"/>tal<span class=\"_ _5\"/>it\u00e9 MR (po<span class=\"_ _5\"/>ur les ho<span class=\"_ _5\"/>mmes) et F<span class=\"_ _5\"/>R (pour le<span class=\"_ _5\"/>s femm<span class=\"_ _5\"/>es), avec un ajus<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent de</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'\u00e2ge \u00e0 con<span class=\"_ _5\"/>curre<span class=\"_ _5\"/>nce de de<span class=\"_ _5\"/>ux ans<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t a d\u00e9c<span class=\"_ _5\"/>id\u00e9 de re<span class=\"_ _5\"/>fl\u00e9<span class=\"_ _5\"/>ter les a<span class=\"_ _5\"/>m\u00e9lio<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>ons en te<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s de mor<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>lit\u00e9 en ad<span class=\"_ _5\"/>opta<span class=\"_ _5\"/>nt une cor<span class=\"_ _5\"/>rec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n d'\u00e2ge de</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">deu<span class=\"_ _5\"/>x ans par r<span class=\"_ _5\"/>app<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t aux ta<span class=\"_ _5\"/>bles off<span class=\"_ _5\"/>ici<span class=\"_ _5\"/>elles<span class=\"_ _5\"/>, tan<span class=\"_ _5\"/>t pour le<span class=\"_ _5\"/>s collab<span class=\"_ _5\"/>orate<span class=\"_ _5\"/>urs ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s qu'inac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En ce qui con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>avan<span class=\"_ _5\"/>tage \u201cR\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des ab<span class=\"_ _5\"/>sence<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>es\u201d<span class=\"_ _d\"/>, le m<span class=\"_ _5\"/>od\u00e8le d<span class=\"_ _5\"/>e conso<span class=\"_ _5\"/>mmatio<span class=\"_ _5\"/>n des jo<span class=\"_ _5\"/>urs de ma<span class=\"_ _5\"/>ladie d<span class=\"_ _5\"/>\u00e9coule d<span class=\"_ _5\"/>es st<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiq<span class=\"_ _5\"/>ues de la m<span class=\"_ _5\"/>oyenne d<span class=\"_ _5\"/>e conso<span class=\"_ _5\"/>mmati<span class=\"_ _5\"/>on sur une m<span class=\"_ _5\"/>oyenne m<span class=\"_ _5\"/>obile d<span class=\"_ _5\"/>e 3 ans (les a<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s 2020 \u00e0 202<span class=\"_ _5\"/>2 pour d<span class=\"_ _5\"/>\u00e9cem<span class=\"_ _5\"/>bre 202<span class=\"_ _5\"/>2). Le nombr<span class=\"_ _5\"/>e de jour<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de mal<span class=\"_ _5\"/>adie d\u00e9<span class=\"_ _5\"/>pend d<span class=\"_ _5\"/>e l\u2019\u00e2ge, iden<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>i\u00e9 par se<span class=\"_ _5\"/>gmen<span class=\"_ _5\"/>t de la pop<span class=\"_ _5\"/>ulatio<span class=\"_ _5\"/>n concer<span class=\"_ _5\"/>n\u00e9e<span class=\"_ _5\"/>. Le tau<span class=\"_ _5\"/>x de sal<span class=\"_ _5\"/>aire gar<span class=\"_ _5\"/>anti a \u00e9<span class=\"_ _5\"/>t\u00e9 fi<span class=\"_ _5\"/>x\u00e9 \u00e0 75 % en cas d<span class=\"_ _5\"/>e malad<span class=\"_ _5\"/>ie de</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">long<span class=\"_ _5\"/>ue dur\u00e9<span class=\"_ _5\"/>e. Par con<span class=\"_ _5\"/>s\u00e9qu<span class=\"_ _5\"/>ent, l<span class=\"_ _5\"/>e pource<span class=\"_ _5\"/>ntage d<span class=\"_ _5\"/>u salair<span class=\"_ _5\"/>e gara<span class=\"_ _5\"/>nti po<span class=\"_ _5\"/>ur la d\u00e9te<span class=\"_ _5\"/>rminat<span class=\"_ _5\"/>ion du co\u00fb<span class=\"_ _5\"/>t de jour<span class=\"_ _5\"/>s accum<span class=\"_ _5\"/>ul\u00e9s dan<span class=\"_ _5\"/>s le compte no<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>el</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t fi<span class=\"_ _5\"/>x\u00e9 \u00e0 25 %<span class=\"_ _5\"/>. Le sol<span class=\"_ _5\"/>de des j<span class=\"_ _5\"/>ours d<span class=\"_ _5\"/>e maladie n<span class=\"_ _5\"/>on util<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>ar les s<span class=\"_ _5\"/>tatu<span class=\"_ _5\"/>taire<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>t d\u00e9so<span class=\"_ _5\"/>rmais l<span class=\"_ _5\"/>imit\u00e9 \u00e0 un ma<span class=\"_ _5\"/>ximum de 6<span class=\"_ _5\"/>3 jour<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De pa<span class=\"_ _5\"/>r la loi, le<span class=\"_ _5\"/>s plans \u00e0 cot<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>nt, en B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue, so<span class=\"_ _5\"/>umis \u00e0 un re<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent minim<span class=\"_ _5\"/>um gara<span class=\"_ _5\"/>nti. C\u2019est p<span class=\"_ _5\"/>ourqu<span class=\"_ _5\"/>oi ces pl<span class=\"_ _5\"/>ans son<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9s co<span class=\"_ _5\"/>mme pla<span class=\"_ _5\"/>ns \u00e0 pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>\u00e9fin<span class=\"_ _5\"/>ies<span class=\"_ _5\"/>, ce qui requ<span class=\"_ _5\"/>ier<span class=\"_ _5\"/>t que la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de de<span class=\"_ _5\"/>s unit\u00e9s d<span class=\"_ _5\"/>e cr\u00e9di<span class=\"_ _5\"/>t proje<span class=\"_ _5\"/>t\u00e9es s<span class=\"_ _5\"/>oit ap<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>e pour v<span class=\"_ _5\"/>alori<span class=\"_ _5\"/>ser ce<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">obli<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>ns. B<span class=\"_ _5\"/>ien que l\u2019app<span class=\"_ _5\"/>roche n<span class=\"_ _5\"/>e soit to<span class=\"_ _5\"/>ujour<span class=\"_ _5\"/>s pas comp<span class=\"_ _5\"/>l\u00e8tem<span class=\"_ _5\"/>ent clar<span class=\"_ _5\"/>if<span class=\"_ _5\"/>i\u00e9e, la n<span class=\"_ _5\"/>ouve<span class=\"_ _5\"/>lle l\u00e9gis<span class=\"_ _5\"/>latio<span class=\"_ _5\"/>n de d\u00e9ce<span class=\"_ _5\"/>mbre 2015 a a<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t\u00e9 p<span class=\"_ _5\"/>lus de pr\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cisi<span class=\"_ _5\"/>ons sur le<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x de ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt minimum g<span class=\"_ _5\"/>aran<span class=\"_ _5\"/>tis. L<span class=\"_ _1\"/>\u2019in<span class=\"_ _5\"/>cer<span class=\"_ _5\"/>titu<span class=\"_ _5\"/>de concer<span class=\"_ _5\"/>nant l\u2019\u00e9volu<span class=\"_ _5\"/>tion f<span class=\"_ _5\"/>uture de<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x de ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt minimum g<span class=\"_ _5\"/>aran<span class=\"_ _5\"/>tis en</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Be<span class=\"_ _5\"/>lgique a \u00e9<span class=\"_ _5\"/>t\u00e9 lev\u00e9<span class=\"_ _5\"/>e avec l'adapt<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de la loi sur l<span class=\"_ _5\"/>es pen<span class=\"_ _5\"/>sions co<span class=\"_ _5\"/>mpl\u00e9m<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>ires (<span class=\"_ _5\"/>WAP<span class=\"_ _d\"/>/L<span class=\"_ _5\"/>PC) f<span class=\"_ _5\"/>in d\u00e9cem<span class=\"_ _5\"/>bre 2015<span class=\"_ _5\"/>. A par<span class=\"_ _5\"/>tir de 2016, le r<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">minim<span class=\"_ _5\"/>al pour le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ions f<span class=\"_ _5\"/>uture<span class=\"_ _5\"/>s corre<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>d \u00e0 un pour<span class=\"_ _5\"/>centa<span class=\"_ _5\"/>ge du ren<span class=\"_ _5\"/>demen<span class=\"_ _5\"/>t moyen de<span class=\"_ _5\"/>s 24 der<span class=\"_ _5\"/>nier<span class=\"_ _5\"/>s mois p<span class=\"_ _5\"/>our des o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ions li<span class=\"_ _5\"/>n\u00e9aire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 10 ans<span class=\"_ _5\"/>, avec un min<span class=\"_ _5\"/>imum de 1,75 % par an<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t cont<span class=\"_ _5\"/>inue d\u2019appli<span class=\"_ _5\"/>quer la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de PUC (Pro<span class=\"_ _5\"/>jec<span class=\"_ _5\"/>ted Unit C<span class=\"_ _5\"/>redit<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, cep<span class=\"_ _5\"/>endan<span class=\"_ _5\"/>t, dep<span class=\"_ _5\"/>uis 2018,</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">san<span class=\"_ _5\"/>s proje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s futur<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ions \u00e9<span class=\"_ _5\"/>tant d<span class=\"_ _5\"/>onn\u00e9 que l<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ions n\u2019augme<span class=\"_ _5\"/>ntent pa<span class=\"_ _5\"/>s avec l\u2019\u00e2ge, e<span class=\"_ _5\"/>t avec ap<span class=\"_ _5\"/>plica<span class=\"_ _5\"/>tion du pa<span class=\"_ _5\"/>ragr<span class=\"_ _5\"/>aphe</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">115 d<span class=\"_ _5\"/>\u2019IA<span class=\"_ _5\"/>S 19.</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de de f<span class=\"_ _5\"/>inance<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es allo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>ns fam<span class=\"_ _5\"/>iliales p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s agent<span class=\"_ _5\"/>s st<span class=\"_ _5\"/>atuta<span class=\"_ _5\"/>ires a ch<span class=\"_ _5\"/>ang\u00e9 en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>'une adapt<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de la loi (lo<span class=\"_ _5\"/>i du 19</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>cembre 2014). Par cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nt, b<span class=\"_ _5\"/>post p<span class=\"_ _5\"/>aie en t<span class=\"_ _5\"/>ant qu'ins<span class=\"_ _5\"/>titut<span class=\"_ _5\"/>ion pu<span class=\"_ _5\"/>blique un<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion d\u00e9f<span class=\"_ _5\"/>inie p<span class=\"_ _5\"/>ar une loi \u2013 p<span class=\"_ _5\"/>rogra<span class=\"_ _5\"/>mme. Le m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nt es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">adap<span class=\"_ _5\"/>t\u00e9 chaqu<span class=\"_ _5\"/>e ann\u00e9<span class=\"_ _5\"/>e prop<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent au no<span class=\"_ _5\"/>mbre d'agen<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>tatu<span class=\"_ _5\"/>taire<span class=\"_ _5\"/>s (\u00e9quiv<span class=\"_ _5\"/>alent<span class=\"_ _5\"/>s temp<span class=\"_ _5\"/>s plein) et e<span class=\"_ _5\"/>st so<span class=\"_ _5\"/>umis \u00e0 l'inf<span class=\"_ _5\"/>latio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour la p<span class=\"_ _5\"/>lupar<span class=\"_ _5\"/>t de<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages<span class=\"_ _5\"/>, un co\u00fbt moye<span class=\"_ _5\"/>n par me<span class=\"_ _5\"/>mbre ina<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f est a<span class=\"_ _5\"/>ppliqu<span class=\"_ _5\"/>\u00e9 en vue d<span class=\"_ _5\"/>e la valo<span class=\"_ _5\"/>risa<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages<span class=\"_ _5\"/>. Ce co\u00fbt m<span class=\"_ _5\"/>oyen a \u00e9t\u00e9</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>tim\u00e9 e<span class=\"_ _5\"/>n divis<span class=\"_ _5\"/>ant le co\u00fb<span class=\"_ _5\"/>t annue<span class=\"_ _5\"/>l pour le<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res ina<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>fs par le n<span class=\"_ _5\"/>ombr<span class=\"_ _5\"/>e de b\u00e9n<span class=\"_ _5\"/>\u00e9fi<span class=\"_ _5\"/>ciaire<span class=\"_ _5\"/>s inac<span class=\"_ _5\"/>tifs<span class=\"_ _5\"/>, bas<span class=\"_ _5\"/>\u00e9 sur les d<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>es re\u00e7<span class=\"_ _5\"/>ues de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>A<span class=\"_ _5\"/>dminis<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es Pens<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n ont \u00e9t\u00e9 d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9s p<span class=\"_ _5\"/>ar r\u00e9f\u00e9<span class=\"_ _5\"/>rence au<span class=\"_ _5\"/>x tau<span class=\"_ _5\"/>x de rend<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts du m<span class=\"_ _5\"/>arch\u00e9 \u00e0 la d<span class=\"_ _5\"/>ate du bilan d<span class=\"_ _5\"/>e la soc<span class=\"_ _5\"/>i\u00e9t\u00e9. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a utilis<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'outil \u201c<span class=\"_ _5\"/>T<span class=\"_ _1\"/>owe<span class=\"_ _5\"/>rs Wat<span class=\"_ _5\"/>son R<span class=\"_ _5\"/>ATE: link to<span class=\"_ _5\"/>ol</div>\n<div class=\"t m0 x7d h1c y245 ff4 fs12 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">5</div>\n<div class=\"t m0 x163 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u201d pou<span class=\"_ _5\"/>r la d\u00e9te<span class=\"_ _5\"/>rminat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s taux d'ac<span class=\"_ _5\"/>tual<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on, cons<span class=\"_ _5\"/>id\u00e9r<span class=\"_ _5\"/>ant un mix d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>oblig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns A<span class=\"_ _5\"/>A f<span class=\"_ _5\"/>inanci\u00e8<span class=\"_ _5\"/>res e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">non financi\u00e8r<span class=\"_ _d\"/>es.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 72px; height: 935px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 72px; height: 1010px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Les aju<span class=\"_ _5\"/>stem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s <span class=\"_ _d\"/>de la ju<span class=\"_ _5\"/>ste vale<span class=\"_ _5\"/>ur pour les reg<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ises</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment \u00e0 l<span class=\"_ _5\"/>a norm<span class=\"_ _5\"/>e IFRS 3 Re<span class=\"_ _5\"/>group<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es, le<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs i<span class=\"_ _5\"/>denti<span class=\"_ _5\"/>fiab<span class=\"_ _5\"/>les acq<span class=\"_ _5\"/>uis et la con<span class=\"_ _5\"/>trepa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie cond<span class=\"_ _5\"/>ition<span class=\"_ _5\"/>nelle s<span class=\"_ _5\"/>ont \u00e9va<span class=\"_ _5\"/>lu\u00e9s</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 leur j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur \u00e0 la dat<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on dans le c<span class=\"_ _5\"/>adre d\u2019un re<span class=\"_ _5\"/>group<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt d\u2019<span class=\"_ _d\"/>en<span class=\"_ _5\"/>trepr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s. Le<span class=\"_ _5\"/>s ajus<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>a juste v<span class=\"_ _5\"/>aleur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs s<span class=\"_ _5\"/>ont</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bas<span class=\"_ _5\"/>\u00e9s sur d<span class=\"_ _5\"/>es \u00e9va<span class=\"_ _5\"/>luation<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>es ou de<span class=\"_ _5\"/>s mod<span class=\"_ _5\"/>\u00e8les d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion. Lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue la cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie condit<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle res<span class=\"_ _5\"/>pec<span class=\"_ _5\"/>te la d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>une d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te,</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">elle e<span class=\"_ _5\"/>st en<span class=\"_ _5\"/>suite r\u00e9<span class=\"_ _5\"/>\u00e9val<span class=\"_ _5\"/>u\u00e9e \u00e0 sa j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur \u00e0 cha<span class=\"_ _5\"/>que date d<span class=\"_ _5\"/>e repo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ing. L<span class=\"_ _5\"/>a d\u00e9ter<span class=\"_ _5\"/>minat<span class=\"_ _5\"/>ion de s<span class=\"_ _5\"/>a juste v<span class=\"_ _5\"/>aleur e<span class=\"_ _5\"/>st ba<span class=\"_ _5\"/>s\u00e9e su<span class=\"_ _5\"/>r les f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>re-</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rie a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ualis\u00e9<span class=\"_ _5\"/>s. Le<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>les pre<span class=\"_ _5\"/>nnent e<span class=\"_ _5\"/>n consid<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion la pr<span class=\"_ _5\"/>obabi<span class=\"_ _5\"/>lit\u00e9 d\u2019atte<span class=\"_ _5\"/>indre ch<span class=\"_ _5\"/>aque cib<span class=\"_ _5\"/>le de pe<span class=\"_ _5\"/>rf<span class=\"_ _5\"/>orman<span class=\"_ _5\"/>ce et le fa<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tualisation.</div>\n<div class=\"t m0 x5 hb y88 ff7 fs6 fc3 sc0 ls0 wsd6\" style=\"z-index: 15;\">Revenu<span class=\"_ _5\"/>s et provi<span class=\"_ _5\"/>sions <span class=\"_ _5\"/>y aff\u00e9<span class=\"_ _5\"/>rant</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st tr<span class=\"_ _5\"/>aite et e<span class=\"_ _5\"/>xp\u00e9<span class=\"_ _5\"/>die le cour<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>r et les co<span class=\"_ _5\"/>lis inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>naux \u00e0 de<span class=\"_ _5\"/>st<span class=\"_ _5\"/>inatio<span class=\"_ _5\"/>n et en pr<span class=\"_ _5\"/>ovenan<span class=\"_ _5\"/>ce d'<span class=\"_ _d\"/>aut<span class=\"_ _5\"/>res op<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>teurs p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux \u00e9t<span class=\"_ _5\"/>rang<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>. \u00c0 la date</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de cl\u00f4t<span class=\"_ _5\"/>ure du bil<span class=\"_ _5\"/>an, la me<span class=\"_ _5\"/>illeure e<span class=\"_ _5\"/>st<span class=\"_ _5\"/>imatio<span class=\"_ _5\"/>n de la pos<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>n susp<span class=\"_ _5\"/>ens es<span class=\"_ _5\"/>t ref<span class=\"_ _5\"/>l\u00e9t\u00e9<span class=\"_ _5\"/>e dans le bi<span class=\"_ _5\"/>lan cons<span class=\"_ _5\"/>olid\u00e9, m<span class=\"_ _5\"/>ais comm<span class=\"_ _5\"/>e les r\u00e8g<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nts f<span class=\"_ _5\"/>inau<span class=\"_ _5\"/>x</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>s sur diff<span class=\"_ _5\"/>\u00e9rente<span class=\"_ _5\"/>s hypo<span class=\"_ _5\"/>th\u00e8s<span class=\"_ _5\"/>es (dont \"pi<span class=\"_ _5\"/>\u00e8ce par k<span class=\"_ _5\"/>ilo\")<span class=\"_ _d\"/>, le<span class=\"_ _5\"/>s r\u00e8gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>naux pe<span class=\"_ _5\"/>uvent s'\u00e9c<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ter de l'\u00e9va<span class=\"_ _5\"/>luatio<span class=\"_ _5\"/>n initiale<span class=\"_ _5\"/>. Par aille<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>, une</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e des re<span class=\"_ _5\"/>venus e<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>tim<span class=\"_ _5\"/>\u00e9e en f<span class=\"_ _5\"/>in d'ann\u00e9<span class=\"_ _5\"/>e sur la bas<span class=\"_ _5\"/>e de dive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>s donn<span class=\"_ _5\"/>\u00e9es (obj<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tifs d<span class=\"_ _5\"/>e qualit\u00e9, v<span class=\"_ _5\"/>olume<span class=\"_ _5\"/>s<span class=\"_ _d\"/>) ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es dans l<span class=\"_ _5\"/>es cal<span class=\"_ _5\"/>culs et e<span class=\"_ _5\"/>st</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fa<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>\u00e9e apr<span class=\"_ _5\"/>\u00e8s la f<span class=\"_ _5\"/>in de l'ann\u00e9<span class=\"_ _5\"/>e. Les re<span class=\"_ _5\"/>venus li<span class=\"_ _5\"/>\u00e9s aux S<span class=\"_ _5\"/>IEG et \u00e0 la dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on de jour<span class=\"_ _5\"/>naux e<span class=\"_ _5\"/>t p\u00e9r<span class=\"_ _5\"/>iodiq<span class=\"_ _5\"/>ues so<span class=\"_ _5\"/>nt fi<span class=\"_ _5\"/>nalis\u00e9<span class=\"_ _5\"/>s apr\u00e8<span class=\"_ _5\"/>s la fi<span class=\"_ _5\"/>n de l'ann\u00e9e e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">font l'obj<span class=\"_ _5\"/>et d'autre<span class=\"_ _5\"/>s v\u00e9r<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns ex po<span class=\"_ _5\"/>st<span class=\"_ _5\"/>. La m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>ologie p<span class=\"_ _5\"/>r\u00e9voi<span class=\"_ _5\"/>t que la comp<span class=\"_ _5\"/>ens<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>oit \u00eatr<span class=\"_ _5\"/>e bas\u00e9<span class=\"_ _5\"/>e sur la diff<span class=\"_ _5\"/>\u00e9ren<span class=\"_ _5\"/>ce de co\u00fbt n<span class=\"_ _5\"/>et ent<span class=\"_ _5\"/>re le</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fai<span class=\"_ _5\"/>t de supp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ter ou n<span class=\"_ _5\"/>on la four<span class=\"_ _5\"/>nitur<span class=\"_ _5\"/>e de SIEG, ce q<span class=\"_ _5\"/>ui n\u00e9ce<span class=\"_ _5\"/>ssite d<span class=\"_ _5\"/>es es<span class=\"_ _5\"/>timat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e la par<span class=\"_ _5\"/>t du Mana<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t.</div>\n<div class=\"t m0 x5 hb y9 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts s<span class=\"_ _5\"/>ur le r\u00e9s<span class=\"_ _5\"/>ultat e<span class=\"_ _5\"/>t imp\u00f4t<span class=\"_ _5\"/>s dif<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t so<span class=\"_ _5\"/>umise \u00e0 l'im<span class=\"_ _5\"/>p\u00f4t sur le r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>at dans un ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ain nom<span class=\"_ _5\"/>bre de ju<span class=\"_ _5\"/>ridic<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns. Le<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s diff<span class=\"_ _5\"/>\u00e9r\u00e9s s<span class=\"_ _5\"/>ont ca<span class=\"_ _5\"/>lcul\u00e9s a<span class=\"_ _5\"/>u niveau d<span class=\"_ _5\"/>e chaque e<span class=\"_ _5\"/>nti<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">t\u00e9 f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>le. bpo<span class=\"_ _5\"/>st comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>ise le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs d'imp<span class=\"_ _5\"/>\u00f4t<span class=\"_ _5\"/>s diff\u00e9r<span class=\"_ _5\"/>\u00e9s dans la m<span class=\"_ _5\"/>esur<span class=\"_ _5\"/>e o\u00f9 il es<span class=\"_ _5\"/>t prob<span class=\"_ _5\"/>able qu'un b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ice impo<span class=\"_ _5\"/>sable s<span class=\"_ _5\"/>era d<span class=\"_ _5\"/>ispon<span class=\"_ _5\"/>ible, con<span class=\"_ _5\"/>tre</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">leq<span class=\"_ _5\"/>uel la diff<span class=\"_ _5\"/>\u00e9ren<span class=\"_ _5\"/>ce tempo<span class=\"_ _5\"/>raire d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tib<span class=\"_ _5\"/>le pour<span class=\"_ _5\"/>ra \u00eat<span class=\"_ _5\"/>re utili<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>. Afi<span class=\"_ _5\"/>n de d\u00e9te<span class=\"_ _5\"/>rmine<span class=\"_ _5\"/>r cela, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t utilis<span class=\"_ _5\"/>e les e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s du b\u00e9n<span class=\"_ _5\"/>\u00e9fi<span class=\"_ _5\"/>ce impos<span class=\"_ _5\"/>able</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par jur<span class=\"_ _5\"/>idic<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n dans les<span class=\"_ _5\"/>quell<span class=\"_ _5\"/>es bpo<span class=\"_ _5\"/>st e<span class=\"_ _5\"/>xerce se<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivi<span class=\"_ _5\"/>t\u00e9s et la p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>ode au cou<span class=\"_ _5\"/>rs de la<span class=\"_ _5\"/>quelle l<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tifs d<span class=\"_ _5\"/>'imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s s<span class=\"_ _5\"/>ont r\u00e9c<span class=\"_ _5\"/>up\u00e9r<span class=\"_ _5\"/>ables<span class=\"_ _5\"/>. Les</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">m\u00eam<span class=\"_ _5\"/>es pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>es s'appliq<span class=\"_ _5\"/>uent \u00e0 la co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs d'im<span class=\"_ _5\"/>p\u00f4t<span class=\"_ _5\"/>s diff\u00e9r<span class=\"_ _5\"/>\u00e9s po<span class=\"_ _5\"/>ur les pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>les rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>s inutil<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 hb y94 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Cal<span class=\"_ _5\"/>cul de la v<span class=\"_ _5\"/>aleur a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>elle de<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ents l<span class=\"_ _5\"/>ocati<span class=\"_ _5\"/>fs et d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>inati<span class=\"_ _5\"/>on de la du<span class=\"_ _5\"/>r\u00e9e des co<span class=\"_ _5\"/>ntrat<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n avec opt<span class=\"_ _5\"/>ions de</div>\n<div class=\"t m0 x5 hb y8c1 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">reconduction</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour c<span class=\"_ _5\"/>alcule<span class=\"_ _5\"/>r la valeu<span class=\"_ _5\"/>r act<span class=\"_ _5\"/>uelle de<span class=\"_ _5\"/>s paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s loc<span class=\"_ _5\"/>atif<span class=\"_ _5\"/>s, bp<span class=\"_ _5\"/>ost re<span class=\"_ _5\"/>cour<span class=\"_ _5\"/>t \u00e0 un ta<span class=\"_ _5\"/>ux d\u2019empr<span class=\"_ _5\"/>unt marg<span class=\"_ _5\"/>inal pou<span class=\"_ _5\"/>r les b\u00e2t<span class=\"_ _5\"/>iment<span class=\"_ _5\"/>s en fo<span class=\"_ _5\"/>nct<span class=\"_ _5\"/>ion de la</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dev<span class=\"_ _5\"/>ise, d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>envi<span class=\"_ _5\"/>ronne<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>conom<span class=\"_ _5\"/>ique et d<span class=\"_ _5\"/>e la dur\u00e9e<span class=\"_ _5\"/>. Pour les l<span class=\"_ _5\"/>easing<span class=\"_ _5\"/>s li\u00e9s \u00e0 la f<span class=\"_ _5\"/>lot<span class=\"_ _5\"/>te auto<span class=\"_ _5\"/>mobile e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es, le t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n est l<span class=\"_ _5\"/>e taux</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">impl<span class=\"_ _5\"/>icite du con<span class=\"_ _5\"/>trat d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion, s'il e<span class=\"_ _5\"/>st dis<span class=\"_ _5\"/>ponib<span class=\"_ _5\"/>le, san<span class=\"_ _5\"/>s quoi on a<span class=\"_ _5\"/>ppliqu<span class=\"_ _5\"/>e la m\u00eam<span class=\"_ _5\"/>e m\u00e9th<span class=\"_ _5\"/>ode qu<span class=\"_ _5\"/>e pour le<span class=\"_ _5\"/>s b\u00e2tim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>ne la dur\u00e9<span class=\"_ _5\"/>e du cont<span class=\"_ _5\"/>rat de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on en ta<span class=\"_ _5\"/>nt que dur\u00e9<span class=\"_ _5\"/>e non r\u00e9<span class=\"_ _5\"/>siliab<span class=\"_ _5\"/>le du contr<span class=\"_ _5\"/>at de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n, ains<span class=\"_ _5\"/>i que toute p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>ode cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>te par</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une op<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e prolon<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>n du contr<span class=\"_ _5\"/>at de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n s'il est r<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>onnable<span class=\"_ _5\"/>ment ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tain qu'elle s<span class=\"_ _5\"/>era e<span class=\"_ _5\"/>xerc\u00e9<span class=\"_ _5\"/>e, ou toute p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>ode cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>te par un<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">opt<span class=\"_ _5\"/>ion de r\u00e9<span class=\"_ _5\"/>siliat<span class=\"_ _5\"/>ion, s'il e<span class=\"_ _5\"/>st ra<span class=\"_ _5\"/>isonn<span class=\"_ _5\"/>ablem<span class=\"_ _5\"/>ent cer<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>in qu'<span class=\"_ _d\"/>el<span class=\"_ _5\"/>le ser<span class=\"_ _5\"/>a exerc<span class=\"_ _5\"/>\u00e9e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 477px; height: 605px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div class=\"t m0 x5 h1a y56 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.4 <span class=\"_ _de\"> </span>R\u00e9sum\u00e9 d<span class=\"_ _d\"/>es princip<span class=\"_ _d\"/>ales r\u00e8<span class=\"_ _d\"/>gles d\u2019<span class=\"_ _3b\"/>\u00e9valu<span class=\"_ _d\"/>atio<span class=\"_ _d\"/>n et estimati<span class=\"_ _d\"/>ons</div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y58 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Consolidation</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 m\u00e8re e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>en<span class=\"_ _5\"/>semb<span class=\"_ _5\"/>le des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s qu\u2019<span class=\"_ _d\"/>elle co<span class=\"_ _5\"/>ntr\u00f4l<span class=\"_ _5\"/>e sont in<span class=\"_ _5\"/>clus dans l<span class=\"_ _5\"/>a conso<span class=\"_ _5\"/>lidatio<span class=\"_ _5\"/>n. Auc<span class=\"_ _5\"/>une exce<span class=\"_ _5\"/>ptio<span class=\"_ _5\"/>n n\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st aut<span class=\"_ _5\"/>oris<span class=\"_ _5\"/>\u00e9e.</div>\n\n<div class=\"t m0 x5 hb y20d ff5 fs6 fc3 sc0 lsa wsb\" style=\"z-index: 15;\">Filiales</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs, d<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s et eng<span class=\"_ _5\"/>ageme<span class=\"_ _5\"/>nts<span class=\"_ _5\"/>, reve<span class=\"_ _5\"/>nus et d\u00e9<span class=\"_ _5\"/>pen<span class=\"_ _5\"/>ses de l<span class=\"_ _5\"/>a soci<span class=\"_ _5\"/>\u00e9t\u00e9 m\u00e8r<span class=\"_ _5\"/>e et des f<span class=\"_ _5\"/>ilia<span class=\"_ _5\"/>les ent<span class=\"_ _5\"/>i\u00e8rem<span class=\"_ _5\"/>ent cont<span class=\"_ _5\"/>r\u00f4l\u00e9<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>nt conso<span class=\"_ _5\"/>lid\u00e9s</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>ur int\u00e9g<span class=\"_ _5\"/>ralit\u00e9<span class=\"_ _5\"/>. Un inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>seur co<span class=\"_ _5\"/>ntr\u00f4l<span class=\"_ _5\"/>e une ent<span class=\"_ _5\"/>it\u00e9 d\u00e9te<span class=\"_ _5\"/>nue lor<span class=\"_ _5\"/>sque l'in<span class=\"_ _5\"/>vest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>, ou a droit<span class=\"_ _5\"/>, \u00e0 des r<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>coulant de s<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cipatio<span class=\"_ _5\"/>n dans l'enti<span class=\"_ _5\"/>t\u00e9 d\u00e9ten<span class=\"_ _5\"/>ue et qu'il a la c<span class=\"_ _5\"/>apaci<span class=\"_ _5\"/>t\u00e9 d'inf<span class=\"_ _5\"/>luer sur ce<span class=\"_ _5\"/>s rend<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts pa<span class=\"_ _5\"/>r son po<span class=\"_ _5\"/>uvoir s<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>it\u00e9 d\u00e9t<span class=\"_ _5\"/>enue.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce cont<span class=\"_ _5\"/>r\u00f4le e<span class=\"_ _5\"/>st sup<span class=\"_ _5\"/>pos\u00e9 e<span class=\"_ _5\"/>xis<span class=\"_ _5\"/>ter lor<span class=\"_ _5\"/>sque b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t d\u00e9ti<span class=\"_ _5\"/>ent au mo<span class=\"_ _5\"/>ins 50 %<span class=\"_ _5\"/>, plus un<span class=\"_ _5\"/>e voix de<span class=\"_ _5\"/>s droit<span class=\"_ _5\"/>s de vote d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>it\u00e9 ; ces hy<span class=\"_ _5\"/>poth\u00e8<span class=\"_ _5\"/>se<span class=\"_ _5\"/>s peuve<span class=\"_ _5\"/>nt \u00eatr<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9f<span class=\"_ _5\"/>ut\u00e9e<span class=\"_ _5\"/>s si la sit<span class=\"_ _5\"/>uation co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ire es<span class=\"_ _5\"/>t claire<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>tabli<span class=\"_ _5\"/>e. Lor<span class=\"_ _5\"/>sque b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t ne d\u00e9t<span class=\"_ _5\"/>ient pas l<span class=\"_ _5\"/>a major<span class=\"_ _5\"/>it\u00e9 des d<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s de vote ou d<span class=\"_ _5\"/>es droi<span class=\"_ _5\"/>ts sim<span class=\"_ _5\"/>ilaire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'une en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise d<span class=\"_ _5\"/>\u00e9tenu<span class=\"_ _5\"/>e, elle ti<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>te de tous le<span class=\"_ _5\"/>s fait<span class=\"_ _5\"/>s et c<span class=\"_ _5\"/>ircons<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>ces per<span class=\"_ _5\"/>t<span class=\"_ _5\"/>inent<span class=\"_ _5\"/>s po<span class=\"_ _5\"/>ur \u00e9valu<span class=\"_ _5\"/>er si bp<span class=\"_ _5\"/>ost a le co<span class=\"_ _5\"/>ntr\u00f4le d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>en<span class=\"_ _5\"/>trepr<span class=\"_ _5\"/>ise</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9te<span class=\"_ _5\"/>nue conf<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>\u00e9ment \u00e0 l'ar<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cle 1:14 BCC<span class=\"_ _5\"/>A. L<span class=\"_ _1\"/>\u2019exis<span class=\"_ _5\"/>tence e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>eff<span class=\"_ _5\"/>et de dro<span class=\"_ _5\"/>its d<span class=\"_ _5\"/>e vote pote<span class=\"_ _5\"/>ntiel<span class=\"_ _5\"/>s exe<span class=\"_ _5\"/>r\u00e7abl<span class=\"_ _5\"/>es ou conve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tis so<span class=\"_ _5\"/>nt nota<span class=\"_ _5\"/>mment p<span class=\"_ _5\"/>ris en</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>te pour d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>iner si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t contr\u00f4<span class=\"_ _5\"/>le une ent<span class=\"_ _5\"/>it\u00e9.</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une f<span class=\"_ _5\"/>iliale e<span class=\"_ _5\"/>st con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9e \u00e0 par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ir de la date de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion, c<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire \u00e0 la dat<span class=\"_ _5\"/>e \u00e0 laque<span class=\"_ _5\"/>lle le contr<span class=\"_ _5\"/>\u00f4le des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs ne<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t des op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la so<span class=\"_ _5\"/>ci\u00e9t\u00e9 a<span class=\"_ _5\"/>cquis<span class=\"_ _5\"/>e est e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>ment t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>f\u00e9r\u00e9 \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cqu\u00e9r<span class=\"_ _5\"/>eur. A par<span class=\"_ _5\"/>tir de la da<span class=\"_ _5\"/>te d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, la s<span class=\"_ _5\"/>oci\u00e9t<span class=\"_ _5\"/>\u00e9 m\u00e8re (l\u2019acqu<span class=\"_ _5\"/>\u00e9reur<span class=\"_ _5\"/>) int\u00e8gre l<span class=\"_ _5\"/>a per<span class=\"_ _5\"/>for-</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mance f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ci\u00e8r<span class=\"_ _5\"/>e de la fi<span class=\"_ _5\"/>liale dans s<span class=\"_ _5\"/>on comp<span class=\"_ _5\"/>te de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s cons<span class=\"_ _5\"/>olid\u00e9 e<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>\u00e0 le<span class=\"_ _5\"/>ur juste v<span class=\"_ _5\"/>aleur) da<span class=\"_ _5\"/>ns son b<span class=\"_ _5\"/>ilan cons<span class=\"_ _5\"/>olid\u00e9 l<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 117px; height: 230px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 117px; height: 290px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 117px; height: 320px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div class=\"t m0 x5 h10 y8c2 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">5 <span class=\"_ _48\"> </span><span class=\"ff8 ws36\" style=\"word-spacing: -9px;\">L<span class=\"_ _1\"/>'outil Towers Wat<span class=\"_ _5\"/>son R<span class=\"_ _5\"/>A<span class=\"_ _d\"/>TE li<span class=\"_ _5\"/>nk est un o<span class=\"_ _5\"/>util con\u00e7u p<span class=\"_ _5\"/>our aider l<span class=\"_ _5\"/>es entre<span class=\"_ _5\"/>prise<span class=\"_ _5\"/>s \u00e0 s\u00e9lec<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>ner des tau<span class=\"_ _5\"/>x d'actu<span class=\"_ _5\"/>alisati<span class=\"_ _5\"/>on qui refl<span class=\"_ _5\"/>\u00e8tent fid\u00e8l<span class=\"_ _5\"/>ement le<span class=\"_ _5\"/>s </span></div>\n<div class=\"t m0 x13 h9 y8c3 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">carac<span class=\"_ _5\"/>t\u00e9ris<span class=\"_ _5\"/>tiques d<span class=\"_ _5\"/>e leurs r\u00e9<span class=\"_ _5\"/>gimes d<span class=\"_ _5\"/>e retraite<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 45px; height: 35px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 45px; height: 1037px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s acqui<span class=\"_ _5\"/>s, en ce com<span class=\"_ _5\"/>pris to<span class=\"_ _5\"/>ut goo<span class=\"_ _5\"/>dwill r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>nt de l\u2019acquisi<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. Les f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s cess<span class=\"_ _5\"/>ent d\u2019\u00eat<span class=\"_ _5\"/>re cons<span class=\"_ _5\"/>olid\u00e9<span class=\"_ _5\"/>es \u00e0 par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r de la date \u00e0 la<span class=\"_ _5\"/>quelle le</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>r\u00f4le pre<span class=\"_ _5\"/>nd f<span class=\"_ _5\"/>in. Les s<span class=\"_ _5\"/>olde<span class=\"_ _5\"/>s et tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions int<span class=\"_ _5\"/>ragr<span class=\"_ _5\"/>oupe<span class=\"_ _5\"/>s ainsi qu<span class=\"_ _5\"/>e les gain<span class=\"_ _5\"/>s et pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es non r<span class=\"_ _5\"/>\u00e9alis\u00e9<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s entre l<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>ci\u00e9t\u00e9<span class=\"_ _5\"/>s du</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">group<span class=\"_ _5\"/>e sont int\u00e9grale<span class=\"_ _5\"/>ment \u00e9limin\u00e9<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>rs con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s son<span class=\"_ _5\"/>t \u00e9tab<span class=\"_ _5\"/>lis sur ba<span class=\"_ _5\"/>se de r\u00e8<span class=\"_ _5\"/>gles d\u2019\u00e9va<span class=\"_ _5\"/>luation u<span class=\"_ _5\"/>nifor<span class=\"_ _5\"/>mes p<span class=\"_ _5\"/>our les t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>act<span class=\"_ _5\"/>ions a<span class=\"_ _5\"/>nalogu<span class=\"_ _5\"/>es et au<span class=\"_ _5\"/>tres \u00e9<span class=\"_ _5\"/>v\u00e9nem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">sur<span class=\"_ _5\"/>venant<span class=\"_ _d\"/> dans des circonstances similaires.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 987px; height: 95px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y87 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>ci\u00e9t\u00e9s as<span class=\"_ _5\"/>soci\u00e9<span class=\"_ _5\"/>es et co \u2013 <span class=\"_ _d\"/>en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rises</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e es<span class=\"_ _5\"/>t une ent<span class=\"_ _5\"/>it\u00e9 dans la<span class=\"_ _5\"/>quelle b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t exerce u<span class=\"_ _5\"/>ne inf<span class=\"_ _5\"/>luence n<span class=\"_ _5\"/>otab<span class=\"_ _5\"/>le. Par inf<span class=\"_ _5\"/>lue<span class=\"_ _5\"/>nce nota<span class=\"_ _5\"/>ble, on e<span class=\"_ _5\"/>ntend le p<span class=\"_ _5\"/>ouvo<span class=\"_ _5\"/>ir de par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cip<span class=\"_ _5\"/>er \u00e0 des d<span class=\"_ _5\"/>\u00e9cisi<span class=\"_ _5\"/>ons rel<span class=\"_ _5\"/>evant d<span class=\"_ _5\"/>es pol<span class=\"_ _5\"/>itiqu<span class=\"_ _5\"/>es fi<span class=\"_ _5\"/>nanci\u00e8<span class=\"_ _5\"/>res ou o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle<span class=\"_ _5\"/>s de la so<span class=\"_ _5\"/>ci\u00e9t\u00e9 a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>, et non ce<span class=\"_ _5\"/>lui de cont<span class=\"_ _5\"/>r\u00f4ler s<span class=\"_ _5\"/>es no<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s. On</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cons<span class=\"_ _5\"/>id\u00e8re qu<span class=\"_ _5\"/>\u2019il y a infl<span class=\"_ _5\"/>uence n<span class=\"_ _5\"/>otabl<span class=\"_ _5\"/>e lors<span class=\"_ _5\"/>que bp<span class=\"_ _5\"/>ost po<span class=\"_ _5\"/>ss\u00e8<span class=\"_ _5\"/>de au mo<span class=\"_ _5\"/>ins 20 % du dr<span class=\"_ _5\"/>oit de vote de l<span class=\"_ _5\"/>a soci<span class=\"_ _5\"/>\u00e9t\u00e9. En de<span class=\"_ _5\"/>\u00e7\u00e0 de<span class=\"_ _5\"/>s 20 %, ce<span class=\"_ _5\"/>tte inf<span class=\"_ _5\"/>lue<span class=\"_ _5\"/>nce</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">not<span class=\"_ _5\"/>able es<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>id\u00e9r\u00e9<span class=\"_ _5\"/>e comme n<span class=\"_ _5\"/>ulle. Ce<span class=\"_ _5\"/>s pr\u00e9s<span class=\"_ _5\"/>ompti<span class=\"_ _5\"/>ons pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre r\u00e9<span class=\"_ _5\"/>fut\u00e9<span class=\"_ _5\"/>es si la pr<span class=\"_ _5\"/>euve du co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ire pe<span class=\"_ _5\"/>ut \u00eatre c<span class=\"_ _5\"/>lairem<span class=\"_ _5\"/>ent app<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une co<span class=\"_ _5\"/>-<span class=\"_ _5\"/>entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>se es<span class=\"_ _5\"/>t un t<span class=\"_ _5\"/>ype de pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat dans le<span class=\"_ _5\"/>quel le<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s qui cont<span class=\"_ _5\"/>r\u00f4lent co<span class=\"_ _5\"/>njointe<span class=\"_ _5\"/>ment le pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat ont de<span class=\"_ _5\"/>s droit<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">net<span class=\"_ _5\"/>s de l\u2019enti<span class=\"_ _5\"/>t\u00e9 l\u00e9gal<span class=\"_ _5\"/>e. Le cont<span class=\"_ _5\"/>r\u00f4le conj<span class=\"_ _5\"/>oint impli<span class=\"_ _5\"/>que le par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>age cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuell<span class=\"_ _5\"/>ement co<span class=\"_ _5\"/>nvenu du co<span class=\"_ _5\"/>ntr\u00f4le<span class=\"_ _5\"/>, qui n\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>iste qu<span class=\"_ _5\"/>e lors<span class=\"_ _5\"/>que le<span class=\"_ _5\"/>s d\u00e9ci<span class=\"_ _5\"/>sions</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rel<span class=\"_ _5\"/>ative<span class=\"_ _5\"/>s aux ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tine<span class=\"_ _5\"/>ntes re<span class=\"_ _5\"/>qui\u00e8r<span class=\"_ _5\"/>ent un cons<span class=\"_ _5\"/>ensu<span class=\"_ _5\"/>s unanim<span class=\"_ _5\"/>e des par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ies par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ageant le co<span class=\"_ _5\"/>ntr\u00f4le<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s norm<span class=\"_ _5\"/>es comp<span class=\"_ _5\"/>table<span class=\"_ _5\"/>s ad\u00e9<span class=\"_ _5\"/>quates s<span class=\"_ _5\"/>ont app<span class=\"_ _5\"/>liqu\u00e9<span class=\"_ _5\"/>es \u00e0 tr<span class=\"_ _5\"/>avers l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>nti\u00e8<span class=\"_ _5\"/>ret\u00e9 du gr<span class=\"_ _5\"/>oupe, e<span class=\"_ _5\"/>n ce compr<span class=\"_ _5\"/>is les s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9s as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9es e<span class=\"_ _5\"/>t co \u2013 entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>utes le<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>\u00e9t\u00e9s a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>s et co \u2013 ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9e<span class=\"_ _5\"/>s selon l<span class=\"_ _5\"/>a m\u00e9th<span class=\"_ _5\"/>ode de m<span class=\"_ _5\"/>ise en \u00e9<span class=\"_ _5\"/>quiva<span class=\"_ _5\"/>lence: le<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ipatio<span class=\"_ _5\"/>ns son<span class=\"_ _5\"/>t int\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gr\u00e9<span class=\"_ _5\"/>es s\u00e9<span class=\"_ _5\"/>par\u00e9m<span class=\"_ _5\"/>ent dan<span class=\"_ _5\"/>s le bilan con<span class=\"_ _5\"/>soli<span class=\"_ _5\"/>d\u00e9 (sous la r<span class=\"_ _5\"/>ubr<span class=\"_ _5\"/>ique \u201cPa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>icipat<span class=\"_ _5\"/>ions da<span class=\"_ _5\"/>ns des e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soci<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>t co \u2013 entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es\u201d<span class=\"_ _5\"/>) \u00e0 la date</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la cl<span class=\"_ _5\"/>\u00f4ture, p<span class=\"_ _5\"/>our un mon<span class=\"_ _5\"/>tant cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>pond<span class=\"_ _5\"/>ant \u00e0 la pro<span class=\"_ _5\"/>por<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des c<span class=\"_ _5\"/>apit<span class=\"_ _5\"/>aux pro<span class=\"_ _5\"/>pres d<span class=\"_ _5\"/>e la soc<span class=\"_ _5\"/>i\u00e9t\u00e9 as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9e ou co \u2013 e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>conf<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>\u00e9-</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t aux no<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s IFRS), r\u00e9su<span class=\"_ _5\"/>ltat de ce<span class=\"_ _5\"/>tte p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>de comp<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>. Les di<span class=\"_ _5\"/>viden<span class=\"_ _5\"/>des re<span class=\"_ _5\"/>\u00e7us d\u2019une e<span class=\"_ _5\"/>ntit\u00e9 a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e r<span class=\"_ _5\"/>\u00e9duis<span class=\"_ _5\"/>ent la va<span class=\"_ _5\"/>leur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">l\u2019in<span class=\"_ _d\"/>vestissement<span class=\"_ _5\"/>.<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t du r\u00e9su<span class=\"_ _5\"/>ltat de<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>\u00e9t\u00e9s a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>s et co \u2013 ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>ables \u00e0 b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est in<span class=\"_ _5\"/>t\u00e9gr\u00e9<span class=\"_ _5\"/>e s\u00e9pa<span class=\"_ _5\"/>r\u00e9me<span class=\"_ _5\"/>nt dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s con<span class=\"_ _5\"/>so<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lid\u00e9 s<span class=\"_ _5\"/>ous la r<span class=\"_ _5\"/>ubri<span class=\"_ _5\"/>que \u201cQuo<span class=\"_ _5\"/>te \u2013 par<span class=\"_ _5\"/>t dans le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at des e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soci<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>t co \u2013 entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses\u201d (mis<span class=\"_ _5\"/>e en \u00e9qu<span class=\"_ _5\"/>ivale<span class=\"_ _5\"/>nce).</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes n<span class=\"_ _5\"/>on r\u00e9ali<span class=\"_ _5\"/>s\u00e9s r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ant des t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s entre un i<span class=\"_ _5\"/>nvest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur (ou se<span class=\"_ _5\"/>s fil<span class=\"_ _5\"/>iales con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9es) et s<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>ci\u00e9t\u00e9<span class=\"_ _5\"/>s ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>es ou co \u2013</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont \u00e9l<span class=\"_ _5\"/>imin\u00e9<span class=\"_ _5\"/>s \u00e0 hauteur d<span class=\"_ _5\"/>e la par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ipatio<span class=\"_ _5\"/>n de l\u2019inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ur dans la s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 597px; height: 365px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y10 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Regr<span class=\"_ _5\"/>oupem<span class=\"_ _5\"/>ent d\u2019entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es, good<span class=\"_ _5\"/>will et \u00e9car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>acqu<span class=\"_ _5\"/>isit<span class=\"_ _5\"/>ion n\u00e9gat<span class=\"_ _5\"/>ifs</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>egro<span class=\"_ _5\"/>upeme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s en utili<span class=\"_ _5\"/>sant la m<span class=\"_ _5\"/>\u00e9th<span class=\"_ _5\"/>ode d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n. Le co\u00fbt d<span class=\"_ _5\"/>\u2019une acquis<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>st \u00e9<span class=\"_ _5\"/>valu\u00e9 com<span class=\"_ _5\"/>me l\u2019en-</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>mble de la co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e, qui es<span class=\"_ _5\"/>t mes<span class=\"_ _5\"/>ur\u00e9e \u00e0 la v<span class=\"_ _5\"/>aleur r\u00e9<span class=\"_ _5\"/>elle \u00e0 dat<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, et le m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nt d\u2019int\u00e9r<span class=\"_ _5\"/>\u00eat mino<span class=\"_ _5\"/>rit<span class=\"_ _5\"/>aire de l\u2019enti<span class=\"_ _5\"/>t\u00e9 ac-</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">quis<span class=\"_ _5\"/>e, si app<span class=\"_ _5\"/>licab<span class=\"_ _5\"/>le. A la date d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion, l<span class=\"_ _5\"/>a diff\u00e9r<span class=\"_ _5\"/>ence con<span class=\"_ _5\"/>stat<span class=\"_ _5\"/>\u00e9e ent<span class=\"_ _5\"/>re la vale<span class=\"_ _5\"/>ur d\u2019acquisi<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>ticip<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r des ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s ident<span class=\"_ _5\"/>ifiab<span class=\"_ _5\"/>les et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs late<span class=\"_ _5\"/>nts a<span class=\"_ _5\"/>cquis es<span class=\"_ _5\"/>t comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e \u00e0 l\u2019ac<span class=\"_ _5\"/>tif en t<span class=\"_ _5\"/>ant que go<span class=\"_ _5\"/>odw<span class=\"_ _5\"/>ill (si la diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>st po<span class=\"_ _5\"/>siti<span class=\"_ _5\"/>ve)<span class=\"_ _d\"/>, ou dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tement e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prof<span class=\"_ _5\"/>it dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s (si la diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>st n\u00e9<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>ve)<span class=\"_ _d\"/>. L<span class=\"_ _5\"/>a p\u00e9r<span class=\"_ _5\"/>iode de r<span class=\"_ _5\"/>\u00e9\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n pour la d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>minati<span class=\"_ _5\"/>on du goo<span class=\"_ _5\"/>dwill ne p<span class=\"_ _5\"/>eut e<span class=\"_ _5\"/>xc\u00e9de<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un an \u00e0 pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ir de la date d'acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on.</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e pour<span class=\"_ _5\"/>rait<span class=\"_ _5\"/>, dans cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>aine<span class=\"_ _5\"/>s situat<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>, inclure un<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>epar<span class=\"_ _5\"/>tie co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lle, laqu<span class=\"_ _5\"/>elle es<span class=\"_ _5\"/>t me<span class=\"_ _5\"/>sur\u00e9e \u00e0 l<span class=\"_ _5\"/>a juste v<span class=\"_ _5\"/>aleur</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">au mo<span class=\"_ _5\"/>ment du r<span class=\"_ _5\"/>egrou<span class=\"_ _5\"/>peme<span class=\"_ _5\"/>nt d\u2019entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es et in<span class=\"_ _5\"/>cluse da<span class=\"_ _5\"/>ns la cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie tra<span class=\"_ _5\"/>nsf\u00e9<span class=\"_ _5\"/>r\u00e9e (c\u2019est \u2013 \u00e0 \u2013 di<span class=\"_ _5\"/>re recon<span class=\"_ _5\"/>nue dans l<span class=\"_ _5\"/>e calcul d<span class=\"_ _5\"/>u good<span class=\"_ _5\"/>will ou</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bad<span class=\"_ _5\"/>will). Si le mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e la contre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>le change \u00e0 la s<span class=\"_ _5\"/>uite d\u2019un \u00e9v\u00e9<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt sur<span class=\"_ _5\"/>ven<span class=\"_ _5\"/>ant apr\u00e8<span class=\"_ _5\"/>s l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion (tel que l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bjec<span class=\"_ _5\"/>tif d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s), le changem<span class=\"_ _5\"/>ent de la j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur e<span class=\"_ _5\"/>st re<span class=\"_ _5\"/>connu comm<span class=\"_ _5\"/>e prof<span class=\"_ _5\"/>it ou p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te. Dans ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>taine<span class=\"_ _5\"/>s acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>ns, bp<span class=\"_ _5\"/>ost n'obti<span class=\"_ _5\"/>ent pas l<span class=\"_ _5\"/>e contr\u00f4<span class=\"_ _5\"/>le de</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">100 % d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s de l'entit\u00e9 a<span class=\"_ _5\"/>cquise m<span class=\"_ _5\"/>ais conc<span class=\"_ _5\"/>lut un accor<span class=\"_ _5\"/>d suppl\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>aire (pa<span class=\"_ _5\"/>r exemp<span class=\"_ _5\"/>le opti<span class=\"_ _5\"/>on d'achat<span class=\"_ _5\"/>/vente) da<span class=\"_ _5\"/>ns le but d'acq<span class=\"_ _5\"/>u\u00e9rir l<span class=\"_ _5\"/>es ac-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns res<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>es ult\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>. Sau<span class=\"_ _5\"/>f si la subs<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>ce \u00e9cono<span class=\"_ _5\"/>mique d<span class=\"_ _5\"/>e ces accor<span class=\"_ _5\"/>ds es<span class=\"_ _5\"/>t claire<span class=\"_ _5\"/>ment un co<span class=\"_ _5\"/>ntrat \u00e0 t<span class=\"_ _5\"/>erme \u00e0 p<span class=\"_ _5\"/>rix f<span class=\"_ _5\"/>ixe (auqu<span class=\"_ _5\"/>el cas b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cons<span class=\"_ _5\"/>id\u00e8re qu'elle a a<span class=\"_ _5\"/>cquis un in<span class=\"_ _5\"/>t\u00e9r\u00eat \u00e9<span class=\"_ _5\"/>conom<span class=\"_ _5\"/>ique ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>l dans les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>\u00e9es), bpos<span class=\"_ _5\"/>t (i) cont<span class=\"_ _5\"/>inue \u00e0 comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>iser la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ticip<span class=\"_ _5\"/>ation n<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">don<span class=\"_ _5\"/>nant pas le co<span class=\"_ _5\"/>ntr\u00f4l<span class=\"_ _5\"/>e (initiale<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>e \u00e0 la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r ou \u00e0 la quote \u2013 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t de l'act<span class=\"_ _5\"/>if net de l'ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise a<span class=\"_ _5\"/>cquise) e<span class=\"_ _5\"/>t (ii) compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e un</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pas<span class=\"_ _5\"/>sif f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er \u00e9va<span class=\"_ _5\"/>lu\u00e9 \u00e0 la val<span class=\"_ _5\"/>eur ac<span class=\"_ _5\"/>tuell<span class=\"_ _5\"/>e du mont<span class=\"_ _5\"/>ant \u00e0 paye<span class=\"_ _5\"/>r lors de l'ex<span class=\"_ _5\"/>ercice d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>opt<span class=\"_ _5\"/>ion. T<span class=\"_ _d\"/>ou<span class=\"_ _5\"/>te vari<span class=\"_ _5\"/>ation ult<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>ure du pas<span class=\"_ _5\"/>sif f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e e<span class=\"_ _5\"/>n r\u00e9sul<span class=\"_ _5\"/>tat en t<span class=\"_ _5\"/>ant que pr<span class=\"_ _5\"/>oduit f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier ou co<span class=\"_ _5\"/>\u00fbt fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>r<span class=\"_ _d\"/>. Lor<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>ans une ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion, la co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e compre<span class=\"_ _5\"/>nd</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une con<span class=\"_ _5\"/>trepa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie cond<span class=\"_ _5\"/>ition<span class=\"_ _5\"/>nelle (pa<span class=\"_ _5\"/>r exem<span class=\"_ _5\"/>ple, un ear<span class=\"_ _5\"/>n \u2013 out), ces m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>ont \u00e9va<span class=\"_ _5\"/>lu\u00e9s \u00e0 le<span class=\"_ _5\"/>ur jus<span class=\"_ _5\"/>te valeur \u00e0 l<span class=\"_ _5\"/>a date d'acquis<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>t ult\u00e9r<span class=\"_ _5\"/>ieu-</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rem<span class=\"_ _5\"/>ent \u00e0 cha<span class=\"_ _5\"/>que date de c<span class=\"_ _5\"/>l\u00f4ture. L<span class=\"_ _5\"/>es var<span class=\"_ _5\"/>iatio<span class=\"_ _5\"/>ns de la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur son<span class=\"_ _5\"/>t compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9es da<span class=\"_ _5\"/>ns le r\u00e9s<span class=\"_ _5\"/>ultat d'ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ap<span class=\"_ _5\"/>r\u00e8s comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ion init<span class=\"_ _5\"/>iale, le go<span class=\"_ _5\"/>odwill n\u2019es<span class=\"_ _5\"/>t pas amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i, mais s<span class=\"_ _5\"/>oumis an<span class=\"_ _5\"/>nuelle<span class=\"_ _5\"/>ment \u00e0 un te<span class=\"_ _5\"/>st d<span class=\"_ _5\"/>e r\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>. Le go<span class=\"_ _5\"/>odwill a<span class=\"_ _5\"/>cquis</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s regr<span class=\"_ _5\"/>oupe<span class=\"_ _5\"/>ment d\u2019entr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises e<span class=\"_ _5\"/>st<span class=\"_ _5\"/>, d\u00e8s la da<span class=\"_ _5\"/>te d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, allo<span class=\"_ _5\"/>u\u00e9 \u00e0 chaq<span class=\"_ _5\"/>ue unit\u00e9 g\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>trice d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie (\"UG<span class=\"_ _5\"/>T\") de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t qui pour-</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>t b\u00e9n\u00e9<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ier de ce r<span class=\"_ _5\"/>egroup<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt, pe<span class=\"_ _5\"/>u impo<span class=\"_ _5\"/>rte q<span class=\"_ _5\"/>ue d\u2019autre<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs e<span class=\"_ _5\"/>t pas<span class=\"_ _5\"/>sifs de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ntit\u00e9 a<span class=\"_ _5\"/>cquise s<span class=\"_ _5\"/>oient a<span class=\"_ _5\"/>ssig<span class=\"_ _5\"/>n\u00e9s da<span class=\"_ _5\"/>ns cet<span class=\"_ _5\"/>te unit\u00e9.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 192px; height: 380px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 192px; height: 890px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb yed ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Immobilisations inc<span class=\"_ _d\"/>orporelles</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ions in<span class=\"_ _5\"/>corp<span class=\"_ _5\"/>orelle<span class=\"_ _5\"/>s acquis<span class=\"_ _5\"/>es s<span class=\"_ _5\"/>\u00e9par\u00e9<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>ont reco<span class=\"_ _5\"/>nnue<span class=\"_ _5\"/>s au bilan co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9 lor<span class=\"_ _5\"/>sque le<span class=\"_ _5\"/>s condit<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>uivante<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t rempli<span class=\"_ _5\"/>es:</div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws37\" style=\"z-index: 15;\">(i) <span class=\"_ _48\"> </span> <span class=\"_ _3c\"/>l\u2019ac<span class=\"_ _5\"/>tif es<span class=\"_ _5\"/>t ide<span class=\"_ _5\"/>ntif<span class=\"_ _5\"/>iable, c<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st \u2013 \u00e0 \u2013 dir<span class=\"_ _5\"/>e soit s<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>able (s\u2019il p<span class=\"_ _5\"/>eut \u00eat<span class=\"_ _5\"/>re vend<span class=\"_ _5\"/>u, tra<span class=\"_ _5\"/>nsf\u00e9<span class=\"_ _5\"/>r\u00e9, lou<span class=\"_ _5\"/>\u00e9)<span class=\"_ _d\"/>, so<span class=\"_ _5\"/>it il r\u00e9s<span class=\"_ _5\"/>ulte de droi<span class=\"_ _5\"/>ts co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>els ou l<span class=\"_ _5\"/>\u00e9gau<span class=\"_ _5\"/>x ;</div>\n<div class=\"t m0 x2a h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(ii) <span class=\"_ _dc\"> </span>il es<span class=\"_ _5\"/>t pro<span class=\"_ _5\"/>bable qu<span class=\"_ _5\"/>e des ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s \u00e9cono<span class=\"_ _5\"/>mique<span class=\"_ _5\"/>s futur<span class=\"_ _5\"/>s at<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uable<span class=\"_ _5\"/>s \u00e0 l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif s<span class=\"_ _5\"/>eront g\u00e9<span class=\"_ _5\"/>n\u00e9r\u00e9<span class=\"_ _5\"/>s pour b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t ;</div>\n<div class=\"t m0 x2a h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(iii) <span class=\"_\"> </span>b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t peut co<span class=\"_ _5\"/>ntr\u00f4le<span class=\"_ _5\"/>r l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif ; e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x2a h8 yb8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(iv) <span class=\"_ _4\"> </span>le co\u00fbt de l<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif pe<span class=\"_ _5\"/>ut \u00eatr<span class=\"_ _5\"/>e \u00e9valu<span class=\"_ _5\"/>\u00e9 de mani\u00e8<span class=\"_ _5\"/>re f<span class=\"_ _5\"/>iable.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 57px; height: 110px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 57px; height: 1025px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 57px; height: 1025px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 la comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on init<span class=\"_ _5\"/>iale, les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>ons inco<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s sont \u00e9v<span class=\"_ _5\"/>alu\u00e9<span class=\"_ _5\"/>es \u00e0 leur co<span class=\"_ _5\"/>\u00fbt d\u2019acquisi<span class=\"_ _5\"/>tion (in<span class=\"_ _5\"/>cluant le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s dire<span class=\"_ _5\"/>ctem<span class=\"_ _5\"/>ent</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">at<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uable<span class=\"_ _5\"/>s \u00e0 la tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n, mais pa<span class=\"_ _5\"/>s les co\u00fb<span class=\"_ _5\"/>ts in<span class=\"_ _5\"/>direc<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s<span class=\"_ _d\"/>). Ult\u00e9<span class=\"_ _5\"/>rieur<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t, elle<span class=\"_ _5\"/>s sont \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>es au co<span class=\"_ _5\"/>\u00fbt sous d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">cumul\u00e9s<span class=\"_ _5\"/>, et des per<span class=\"_ _5\"/>tes de va<span class=\"_ _5\"/>leur \u00e9ventuelle<span class=\"_ _5\"/>s cumul\u00e9es<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions g\u00e9n<span class=\"_ _5\"/>\u00e9r\u00e9<span class=\"_ _5\"/>es en inte<span class=\"_ _5\"/>rne s<span class=\"_ _5\"/>ont ca<span class=\"_ _5\"/>pital<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s unique<span class=\"_ _5\"/>ment lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue le co\u00fbt a t<span class=\"_ _5\"/>rait \u00e0 un<span class=\"_ _5\"/>e phas<span class=\"_ _5\"/>e de d\u00e9ve<span class=\"_ _5\"/>loppe<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>. Les d<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>ses</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">li\u00e9<span class=\"_ _5\"/>es \u00e0 la pha<span class=\"_ _5\"/>se de re<span class=\"_ _5\"/>cher<span class=\"_ _5\"/>che so<span class=\"_ _5\"/>nt impu<span class=\"_ _5\"/>t\u00e9s dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>. Les d<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>ses li<span class=\"_ _5\"/>\u00e9es \u00e0 la p<span class=\"_ _5\"/>hase d<span class=\"_ _5\"/>e d\u00e9velo<span class=\"_ _5\"/>ppem<span class=\"_ _5\"/>ent so<span class=\"_ _5\"/>nt cap<span class=\"_ _5\"/>italis<span class=\"_ _5\"/>\u00e9e<span class=\"_ _5\"/>s. Au</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">sein de<span class=\"_ _d\"/> bpost, les immobil<span class=\"_ _d\"/>isations inc<span class=\"_ _d\"/>orporelles g\u00e9n\u00e9r<span class=\"_ _d\"/>\u00e9es en interne<span class=\"_ _d\"/> repr\u00e9sentent essentiell<span class=\"_ _d\"/>ement des proj<span class=\"_ _d\"/>et<span class=\"_ _5\"/>s<span class=\"_ _d\"/> informatiqu<span class=\"_ _d\"/>es.</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions inco<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s avec une d<span class=\"_ _5\"/>ur\u00e9e d\u2019ut<span class=\"_ _5\"/>ilit\u00e9 d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>e sont s<span class=\"_ _5\"/>yst\u00e9<span class=\"_ _5\"/>matiq<span class=\"_ _5\"/>ueme<span class=\"_ _5\"/>nt amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>es tout a<span class=\"_ _5\"/>u long de le<span class=\"_ _5\"/>ur vie \u00e9<span class=\"_ _5\"/>conomi<span class=\"_ _5\"/>que util<span class=\"_ _5\"/>e,</div>\n<div class=\"t m0 x5 h8 yae ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en ut<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>nt la m\u00e9t<span class=\"_ _5\"/>hode l<span class=\"_ _5\"/>in\u00e9aire<span class=\"_ _5\"/>. Les dur<span class=\"_ _5\"/>\u00e9es d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ut<span class=\"_ _5\"/>ilit\u00e9 app<span class=\"_ _5\"/>licab<span class=\"_ _5\"/>les so<span class=\"_ _5\"/>nt les su<span class=\"_ _5\"/>ivante<span class=\"_ _5\"/>s:</div>\n<div class=\"t m0 x7 hc y8c4 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">IMMOBILISATION<span class=\"_ _d\"/>S INCORPORELLES<span class=\"_ _1a0\"> </span><span class=\"ff7 fc0 ls41 ws4b\">DUR\u00c9E D\u2019UTILIT\u00c9</span></div>\n<div class=\"t m0 x7 hd y8c5 ff4 fs8 fc2 sc0 ls5a ws6e\" style=\"z-index: 15;\">Goo<span class=\"_ _5\"/>dwill</div>\n<div class=\"t m0 x164 hd y8c6 ff4 fs8 fc2 sc0 lsbb wsd8\" style=\"z-index: 15;\">Ind<span class=\"_ _5\"/>\u00e9fin<span class=\"_ _5\"/>i*</div>\n<div class=\"t m0 x7 hd y8c7 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Frais<span class=\"_ _d\"/> de d\u00e9vel<span class=\"_ _d\"/>oppement</div>\n<div class=\"t m0 x7 hd y8c8 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span>Frais de d\u00e9veloppe<span class=\"_ _5\"/>ment informatiques<span class=\"_ _1a1\"> </span><span class=\"ls0 ws0\">5 ans</span></div>\n<div class=\"t m0 x7 hd y8c9 ff4 fs8 fc2 sc0 ls27 ws107\" style=\"z-index: 15;\"> Brevet<span class=\"_ _1a2\"> </span><span class=\"ls0 ws0\">12 a<span class=\"_ _5\"/>ns</span></div>\n<div class=\"t m0 x7 hd y8ca ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span>Sav<span class=\"_ _5\"/>oir \u2013 fa<span class=\"_ _5\"/>ire<span class=\"_ _1a3\"> </span>5 ans m<span class=\"_ _5\"/>axim<span class=\"_ _5\"/>um\"</div>\n<div class=\"t m0 x7 hd y8cb ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Logiciels</div>\n<div class=\"t m0 xbe hd y8cc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">5 an ma<span class=\"_ _5\"/>ximu<span class=\"_ _5\"/>m</div>\n<div class=\"t m0 x7 hd y8cd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9<span class=\"_ _5\"/>nomin<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n clie<span class=\"_ _5\"/>nts*<span class=\"_ _5\"/>* inclu<span class=\"_ _5\"/>ant le r\u00e9<span class=\"_ _5\"/>sea<span class=\"_ _5\"/>u de vent<span class=\"_ _5\"/>e (co\u00fbt de re<span class=\"_ _5\"/>mpla<span class=\"_ _5\"/>ceme<span class=\"_ _5\"/>nt)</div>\n<div class=\"t m0 x165 hd y8ce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ent<span class=\"_ _5\"/>re 5 et 20 an<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y8cf ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Appellations commerciales incluant les marques**<span class=\"_ _1a4\"> </span><span class=\"ls0 ws0\">Ent<span class=\"_ _5\"/>re 5 et 1<span class=\"_ _5\"/>5 ans</span></div>\n\n<div class=\"t m0 x5 h10 y8d0 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -8px; z-index: 15;\">* <span class=\"_ _6\"> </span> <span class=\"_ _3c\"/>Le<span class=\"_ _5\"/>s immobi<span class=\"_ _5\"/>lisati<span class=\"_ _5\"/>ons incor<span class=\"_ _5\"/>porelle<span class=\"_ _5\"/>s \u00e0 dur\u00e9e d<span class=\"_ _5\"/>e vie util<span class=\"_ _5\"/>e ind\u00e9fin<span class=\"_ _5\"/>ie ne sont p<span class=\"_ _5\"/>as amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>es, ma<span class=\"_ _5\"/>is font cha<span class=\"_ _5\"/>que ann\u00e9<span class=\"_ _5\"/>e l'objet d'un te<span class=\"_ _5\"/>st de r\u00e9d<span class=\"_ _5\"/>ucti<span class=\"_ _5\"/>on de</div>\n<div class=\"t m0 x13 h10 y8d1 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -8px; z-index: 15;\">valeu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>. L<span class=\"_ _1\"/>'\u00e9valua<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>a dur\u00e9e de v<span class=\"_ _5\"/>ie ind\u00e9fi<span class=\"_ _5\"/>nie est r<span class=\"_ _5\"/>evue annu<span class=\"_ _5\"/>elleme<span class=\"_ _5\"/>nt afin de d\u00e9te<span class=\"_ _5\"/>rmine<span class=\"_ _5\"/>r si la dur\u00e9e d<span class=\"_ _5\"/>e vie ind\u00e9<span class=\"_ _5\"/>finie cont<span class=\"_ _5\"/>inue \u00e0 se jus<span class=\"_ _5\"/>tifier. Si</div>\n<div class=\"t m0 x13 h10 y8d2 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -7px; z-index: 15;\">ce n'est pas l<span class=\"_ _5\"/>e cas, le ch<span class=\"_ _5\"/>angeme<span class=\"_ _5\"/>nt de dur\u00e9e d<span class=\"_ _5\"/>e vie uti<span class=\"_ _5\"/>le ind\u00e9fi<span class=\"_ _5\"/>nie \u00e0 d\u00e9fi<span class=\"_ _5\"/>nie est e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9 de mani<span class=\"_ _5\"/>\u00e8re r\u00e9tro<span class=\"_ _5\"/>spec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h10 y8d3 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -8px; z-index: 15;\">** <span class=\"_ _1a5\"> </span>La dur\u00e9<span class=\"_ _5\"/>e de vie ut<span class=\"_ _5\"/>ile peut va<span class=\"_ _5\"/>rier d'un ca<span class=\"_ _5\"/>s \u00e0 l'autre et d\u00e9<span class=\"_ _5\"/>pend de l'\u00e9valu<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>ffect<span class=\"_ _5\"/>u\u00e9e au mom<span class=\"_ _5\"/>ent de l'affe<span class=\"_ _5\"/>ctati<span class=\"_ _5\"/>on du pri<span class=\"_ _5\"/>x d'achat<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 637px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 637px; height: 445px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb ye ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Immobilisations c<span class=\"_ _d\"/>orporelles</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles s<span class=\"_ _5\"/>ont \u00e9va<span class=\"_ _5\"/>lu\u00e9e<span class=\"_ _5\"/>s \u00e0 leur co\u00fb<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, so<span class=\"_ _5\"/>us d\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s amor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>se<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s r\u00e9du<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons de</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur \u00e9ven<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>es. L<span class=\"_ _5\"/>e co\u00fbt d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n inclut to<span class=\"_ _5\"/>us les co\u00fb<span class=\"_ _5\"/>ts dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>ts ain<span class=\"_ _5\"/>si que to<span class=\"_ _5\"/>us les co\u00fb<span class=\"_ _5\"/>ts n\u00e9<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>saire<span class=\"_ _5\"/>s pour a<span class=\"_ _5\"/>mene<span class=\"_ _5\"/>r l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif e<span class=\"_ _5\"/>n \u00e9tat</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">op\u00e9rationnel, selon<span class=\"_ _d\"/> l\u2019u<span class=\"_ _d\"/>sage pr\u00e9vu.</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les d<span class=\"_ _5\"/>\u00e9pe<span class=\"_ _5\"/>nses d<span class=\"_ _5\"/>e r\u00e9par<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns et d\u2019entr<span class=\"_ _5\"/>etie<span class=\"_ _5\"/>n qui ne fon<span class=\"_ _5\"/>t que mainte<span class=\"_ _5\"/>nir \u2013 et no<span class=\"_ _5\"/>n augme<span class=\"_ _5\"/>nter \u2013 la v<span class=\"_ _5\"/>aleur de<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>tions<span class=\"_ _5\"/>, sont p<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es en</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">char<span class=\"_ _5\"/>ge dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>. Par cont<span class=\"_ _5\"/>re, les d<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>ses d<span class=\"_ _5\"/>e gros<span class=\"_ _5\"/>ses r\u00e9<span class=\"_ _5\"/>para<span class=\"_ _5\"/>tions e<span class=\"_ _5\"/>t gros e<span class=\"_ _5\"/>ntret<span class=\"_ _5\"/>iens q<span class=\"_ _5\"/>ui augme<span class=\"_ _5\"/>ntent le<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages \u00e9<span class=\"_ _5\"/>cono<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">miqu<span class=\"_ _5\"/>es fut<span class=\"_ _5\"/>urs qui s<span class=\"_ _5\"/>eron<span class=\"_ _5\"/>t g\u00e9n\u00e9r<span class=\"_ _5\"/>\u00e9s par l\u2019i<span class=\"_ _5\"/>mmobi<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion, so<span class=\"_ _5\"/>nt iden<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>i\u00e9es co<span class=\"_ _5\"/>mme un \u00e9l<span class=\"_ _5\"/>\u00e9ment s<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>\u00e9 du co\u00fbt d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>runt dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t att<span class=\"_ _5\"/>ribua<span class=\"_ _5\"/>bles \u00e0 l\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n, la cons<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion ou la p<span class=\"_ _5\"/>rodu<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on d\u2019un ac<span class=\"_ _5\"/>tif po<span class=\"_ _5\"/>ur lequ<span class=\"_ _5\"/>el la p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>e pr\u00e9c\u00e9<span class=\"_ _5\"/>dant s<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>e s\u2019<span class=\"_ _d\"/>av\u00e8r<span class=\"_ _5\"/>e longue s<span class=\"_ _5\"/>ont ca<span class=\"_ _5\"/>pita<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s comme par<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>u co\u00fbt de l\u2019ac<span class=\"_ _5\"/>tif.</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le mo<span class=\"_ _5\"/>ntant a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sab<span class=\"_ _5\"/>le des imm<span class=\"_ _5\"/>obili<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>ns corp<span class=\"_ _5\"/>orel<span class=\"_ _5\"/>les es<span class=\"_ _5\"/>t r\u00e9pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ti sur leu<span class=\"_ _5\"/>r dur\u00e9e d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ut<span class=\"_ _5\"/>ilit\u00e9 pro<span class=\"_ _5\"/>bable, e<span class=\"_ _5\"/>n utili<span class=\"_ _5\"/>sant la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de lin\u00e9<span class=\"_ _5\"/>aire. Le</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sable co<span class=\"_ _5\"/>rre<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>d au co\u00fbt d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion, s<span class=\"_ _5\"/>auf po<span class=\"_ _5\"/>ur les v\u00e9<span class=\"_ _5\"/>hicule<span class=\"_ _5\"/>s. Pour ce<span class=\"_ _5\"/>ux \u2013 ci, le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>ble cor<span class=\"_ _5\"/>resp<span class=\"_ _5\"/>ond \u00e0 la</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur d\u2019acquisi<span class=\"_ _5\"/>tion m<span class=\"_ _5\"/>oins leur v<span class=\"_ _5\"/>aleur r<span class=\"_ _5\"/>\u00e9sidu<span class=\"_ _5\"/>elle en f<span class=\"_ _5\"/>in de v<span class=\"_ _5\"/>ie. Les d<span class=\"_ _5\"/>ur\u00e9e<span class=\"_ _5\"/>s de vie re<span class=\"_ _5\"/>tenue<span class=\"_ _5\"/>s sont le<span class=\"_ _5\"/>s suiv<span class=\"_ _5\"/>antes<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hc y8d4 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">IMMOBILISATION<span class=\"_ _d\"/>S CORPORELLES<span class=\"_ _1a6\"> </span><span class=\"ff7 fc0 ls41 ws4b\">DUR\u00c9E D'UTILIT\u00c9</span></div>\n<div class=\"t m0 x7 hd y8d5 ff4 fs8 fc2 sc0 lse4 ws108\" style=\"z-index: 15;\">Te<span class=\"_ _5\"/>r<span class=\"_ _5\"/>r<span class=\"_ _5\"/>a<span class=\"_ _5\"/>i<span class=\"_ _5\"/>n<span class=\"_ _5\"/>s<span class=\"_ _1a7\"> </span><span class=\"lsd9 ws58\">N/A</span></div>\n<div class=\"t m0 x7 hd y8d6 ff4 fs8 fc2 sc0 ls26 ws28\" style=\"z-index: 15;\">B\u00e2timents ad<span class=\"_ _d\"/>ministratifs c<span class=\"_ _d\"/>entraux<span class=\"_ _1a8\"> </span><span class=\"ls0 ws0\">40 a<span class=\"_ _5\"/>ns</span></div>\n<div class=\"t m0 x7 hd y8d7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>es du r\u00e9<span class=\"_ _5\"/>sea<span class=\"_ _5\"/>u<span class=\"_ _1a9\"> </span>40 a<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x7 hd y8d8 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">B\u00e2timents indu<span class=\"_ _d\"/>striel<span class=\"_ _5\"/>s, c<span class=\"_ _d\"/>entres de<span class=\"_ _d\"/> tri<span class=\"_ _1aa\"> </span><span class=\"ls0 ws0\">2<span class=\"_ _5\"/>5 ans</span></div>\n<div class=\"t m0 x7 hd y8d9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>ravaux d\u2019<span class=\"_ _d\"/>am\u00e9nagement<span class=\"_ _d\"/> des b\u00e2ti<span class=\"_ _d\"/>ments<span class=\"_ _1ab\"> </span><span class=\"ls2b ws2d\">10 ans</span></div>\n<div class=\"t m0 x7 hd y8da ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>acteur<span class=\"_ _5\"/>s et \u00e9l\u00e9vateurs<span class=\"_ _1ac\"> </span><span class=\"ls2b ws2d\">10 ans</span></div>\n<div class=\"t m0 x7 hd y8db ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">V\u00e9los et v\u00e9lomoteur<span class=\"_ _5\"/>s<span class=\"_ _1ad\"> </span><span class=\"ls0 ws0\">4 ans</span></div>\n<div class=\"t m0 x7 hd y8dc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res v<span class=\"_ _5\"/>\u00e9hicu<span class=\"_ _5\"/>les (vo<span class=\"_ _5\"/>iture<span class=\"_ _5\"/>s, c<span class=\"_ _5\"/>amion<span class=\"_ _5\"/>s, \u2026)<span class=\"_ _1ae\"> </span>5 ans</div>\n<div class=\"t m0 x7 hd y8dd ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Machines</div>\n<div class=\"t m0 x77 hd y8de ff4 fs8 fc2 sc0 ls31 ws33\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>-1<span class=\"_ _5\"/>0 a<span class=\"_ _5\"/>n<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y8df ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Mobilier<span class=\"_ _1af\"> </span><span class=\"ls2b ws2d\">10 ans</span></div>\n<div class=\"t m0 x7 hd y8e0 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">\u00c9quipement infor<span class=\"_ _5\"/>matique</div>\n<div class=\"t m0 xd5 hd y8e1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">4<span class=\"_ _5\"/>-5 an<span class=\"_ _5\"/>s</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 111px; height: 506px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 111px; height: 971px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 111px; height: 971px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Op\u00e9rations de location</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A la cr\u00e9<span class=\"_ _5\"/>ation du co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t, bp<span class=\"_ _5\"/>ost \u00e9v<span class=\"_ _5\"/>alue si le co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t est<span class=\"_ _5\"/>, ou cont<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>, une loc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>. Une loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n est un co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t par lequ<span class=\"_ _5\"/>el le dro<span class=\"_ _5\"/>it d\u2019utilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u2019un ac<span class=\"_ _5\"/>tif (l\u2019ac<span class=\"_ _5\"/>tif lou<span class=\"_ _5\"/>\u00e9) est o<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>roy\u00e9 pou<span class=\"_ _5\"/>r une p\u00e9r<span class=\"_ _5\"/>iod<span class=\"_ _5\"/>e d\u00e9ter<span class=\"_ _5\"/>min\u00e9<span class=\"_ _5\"/>e en \u00e9ch<span class=\"_ _5\"/>ange d\u2019une co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>us IFRS 16<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t appli<span class=\"_ _5\"/>que une ap<span class=\"_ _5\"/>proc<span class=\"_ _5\"/>he de comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on et \u00e9v<span class=\"_ _5\"/>aluati<span class=\"_ _5\"/>on uniqu<span class=\"_ _5\"/>e pour tou<span class=\"_ _5\"/>tes les l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>, except<span class=\"_ _5\"/>\u00e9 pour le<span class=\"_ _5\"/>s locat<span class=\"_ _5\"/>ions \u00e0</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me et l<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tifs \u00e0 f<span class=\"_ _5\"/>aible v<span class=\"_ _5\"/>aleur. En tant qu<span class=\"_ _5\"/>e pren<span class=\"_ _5\"/>eur de ba<span class=\"_ _5\"/>il, bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion af<span class=\"_ _5\"/>in que le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s li\u00e9s \u00e0 la</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">loc<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s au tit<span class=\"_ _5\"/>re du dro<span class=\"_ _5\"/>it d\u2019utilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n repr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>tent le dro<span class=\"_ _5\"/>it d\u2019utili<span class=\"_ _5\"/>ser le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs s<span class=\"_ _5\"/>ous \u2013 jace<span class=\"_ _5\"/>nts<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s au ti<span class=\"_ _5\"/>tre du d<span class=\"_ _5\"/>roit d<span class=\"_ _5\"/>'util<span class=\"_ _5\"/>isa<span class=\"_ _5\"/>tion<span class=\"ff5\"> </span></span></div>\n<div class=\"t m0 x2a h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le co\u00fb<span class=\"_ _5\"/>t des ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s au tit<span class=\"_ _5\"/>re du droi<span class=\"_ _5\"/>t d'utilis<span class=\"_ _5\"/>ation co<span class=\"_ _5\"/>mpre<span class=\"_ _5\"/>nd le mont<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s et les p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e loca<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x2a h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>u\u00e9s au p<span class=\"_ _5\"/>lus tar<span class=\"_ _5\"/>d \u00e0 la date d'entr<span class=\"_ _5\"/>\u00e9e en vi<span class=\"_ _5\"/>gueur (p<span class=\"_ _5\"/>ar exem<span class=\"_ _5\"/>ple, de<span class=\"_ _5\"/>s pr\u00e9p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nts), d\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion fa<span class=\"_ _5\"/>ite des \u00e9<span class=\"_ _5\"/>ventue<span class=\"_ _5\"/>ls ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s re\u00e7us a<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x2a h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tit<span class=\"_ _5\"/>re de la lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n. Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s au titr<span class=\"_ _5\"/>e du droit d'ut<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>tion s<span class=\"_ _5\"/>ont amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>is de fa<span class=\"_ _5\"/>\u00e7on lin\u00e9<span class=\"_ _5\"/>aire sur la d<span class=\"_ _5\"/>ur\u00e9e la p<span class=\"_ _5\"/>lus cour<span class=\"_ _5\"/>te ent<span class=\"_ _5\"/>re leur</div>\n<div class=\"t m0 x2a h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur\u00e9<span class=\"_ _5\"/>e d'utilit<span class=\"_ _5\"/>\u00e9 est<span class=\"_ _5\"/>im\u00e9e e<span class=\"_ _5\"/>t la dur\u00e9<span class=\"_ _5\"/>e du contr<span class=\"_ _5\"/>at de loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n. Les a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>fs au ti<span class=\"_ _5\"/>tre du dr<span class=\"_ _5\"/>oit d'utili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on sont s<span class=\"_ _5\"/>oumis \u00e0 l<span class=\"_ _5\"/>a r\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h7 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls35 ws3b\">Dettes de location<span class=\"_ _d\"/><span class=\"ff5 ls0 ws0\"> </span></span></div>\n<div class=\"t m0 x2a h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e loca<span class=\"_ _5\"/>tion com<span class=\"_ _5\"/>prenn<span class=\"_ _5\"/>ent le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fixe<span class=\"_ _5\"/>s (y com<span class=\"_ _5\"/>pris l<span class=\"_ _5\"/>es paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>ixes en s<span class=\"_ _5\"/>ubst<span class=\"_ _5\"/>ance), des<span class=\"_ _5\"/>quel<span class=\"_ _5\"/>s on d\u00e9d<span class=\"_ _5\"/>uit tout av<span class=\"_ _5\"/>an-</div>\n<div class=\"t m0 x2a h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tag<span class=\"_ _5\"/>e \u00e0 recevo<span class=\"_ _5\"/>ir au tit<span class=\"_ _5\"/>re de la lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n, les pa<span class=\"_ _5\"/>ieme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion va<span class=\"_ _5\"/>riable<span class=\"_ _5\"/>s d\u00e9p<span class=\"_ _5\"/>endant d'un i<span class=\"_ _5\"/>ndice ou d'un t<span class=\"_ _5\"/>aux<span class=\"_ _5\"/>, et les m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>ts \u00e0 paye<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x2a h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>s en ver<span class=\"_ _5\"/>tu de g<span class=\"_ _5\"/>aran<span class=\"_ _5\"/>ties d<span class=\"_ _5\"/>e valeur r<span class=\"_ _5\"/>\u00e9sid<span class=\"_ _5\"/>uelle. L<span class=\"_ _5\"/>a plupa<span class=\"_ _5\"/>rt d<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es b\u00e2t<span class=\"_ _5\"/>iment<span class=\"_ _5\"/>s be<span class=\"_ _5\"/>lges so<span class=\"_ _5\"/>nt par ex<span class=\"_ _5\"/>emple s<span class=\"_ _5\"/>oumis \u00e0</div>\n<div class=\"t m0 x2a h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une in<span class=\"_ _5\"/>dexa<span class=\"_ _5\"/>tion t<span class=\"_ _5\"/>andis qu<span class=\"_ _5\"/>e la plupar<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e b\u00e2tim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s aux Etat<span class=\"_ _5\"/>s \u2013 Unis o<span class=\"_ _5\"/>nt des pa<span class=\"_ _5\"/>ieme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion f<span class=\"_ _5\"/>ixes<span class=\"_ _5\"/>. \u00c0 noter q<span class=\"_ _5\"/>ue</div>\n<div class=\"t m0 x2a h8 y8f ff4 fs3 fc2 sc0 ls0 ws37\" style=\"z-index: 15;\">la T<span class=\"_ _5\"/>VA non r<span class=\"_ _5\"/>\u00e9cup\u00e9<span class=\"_ _5\"/>rab<span class=\"_ _5\"/>le n<span class=\"_ _d\"/>'es<span class=\"_ _5\"/>t pas inc<span class=\"_ _5\"/>luse dan<span class=\"_ _5\"/>s les pai<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on et e<span class=\"_ _5\"/>st touj<span class=\"_ _5\"/>ours co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s<span class=\"_ _5\"/>. Les pai<span class=\"_ _5\"/>e<span class=\"ws0\">-</span></div>\n<div class=\"t m0 x2a h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion comp<span class=\"_ _5\"/>renne<span class=\"_ _5\"/>nt \u00e9gal<span class=\"_ _5\"/>ement l<span class=\"_ _5\"/>e prix d'e<span class=\"_ _5\"/>xercice d'un<span class=\"_ _5\"/>e optio<span class=\"_ _5\"/>n d'achat don<span class=\"_ _5\"/>t il es<span class=\"_ _5\"/>t rais<span class=\"_ _5\"/>onnabl<span class=\"_ _5\"/>ement ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tain qu'elle s<span class=\"_ _5\"/>era le<span class=\"_ _5\"/>v\u00e9e</div>\n<div class=\"t m0 x2a h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par b<span class=\"_ _5\"/>post<span class=\"_ _5\"/>. Par<span class=\"_ _5\"/>all\u00e8le<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>, les ter<span class=\"_ _5\"/>mes e<span class=\"_ _5\"/>t paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation p<span class=\"_ _5\"/>euve<span class=\"_ _5\"/>nt compr<span class=\"_ _5\"/>endre l<span class=\"_ _5\"/>es paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de p\u00e9<span class=\"_ _5\"/>nalit\u00e9<span class=\"_ _5\"/>s en cas d<span class=\"_ _5\"/>e r\u00e9sil<span class=\"_ _5\"/>iation d'un</div>\n<div class=\"t m0 x2a h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>rat de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on, si la du<span class=\"_ _5\"/>r\u00e9e du con<span class=\"_ _5\"/>trat r<span class=\"_ _5\"/>efl\u00e8<span class=\"_ _5\"/>te l'exerc<span class=\"_ _5\"/>ice par bp<span class=\"_ _5\"/>ost de s<span class=\"_ _5\"/>on opt<span class=\"_ _5\"/>ion de r\u00e9<span class=\"_ _5\"/>siliat<span class=\"_ _5\"/>ion. Po<span class=\"_ _5\"/>ur les cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de bail co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>cial 3/6/9</div>\n<div class=\"t m0 x2a h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue, bpo<span class=\"_ _5\"/>st a le dro<span class=\"_ _5\"/>it d\u2019annuler l<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at unilat\u00e9r<span class=\"_ _5\"/>alem<span class=\"_ _5\"/>ent apr<span class=\"_ _5\"/>\u00e8s 3 ans<span class=\"_ _5\"/>. Etant d<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>e l\u2019incer<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>tude da<span class=\"_ _5\"/>ns la reco<span class=\"_ _5\"/>nduc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n d\u2019un contr<span class=\"_ _5\"/>at</div>\n<div class=\"t m0 x2a h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de bai<span class=\"_ _5\"/>l de gar<span class=\"_ _5\"/>age, bur<span class=\"_ _5\"/>eau de po<span class=\"_ _5\"/>ste et le<span class=\"_ _5\"/>s poin<span class=\"_ _5\"/>ts de ve<span class=\"_ _5\"/>nte du r\u00e9<span class=\"_ _5\"/>seau ap<span class=\"_ _5\"/>r\u00e8s 3 an<span class=\"_ _5\"/>s, le ter<span class=\"_ _5\"/>me de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t limit\u00e9 \u00e0 3 an<span class=\"_ _5\"/>s. Le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cat<span class=\"_ _5\"/>ion var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s qui ne d\u00e9<span class=\"_ _5\"/>pen<span class=\"_ _5\"/>dent pa<span class=\"_ _5\"/>s d'un indice ou d'un t<span class=\"_ _5\"/>aux s<span class=\"_ _5\"/>ont compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9s e<span class=\"_ _5\"/>n charge<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>a p\u00e9r<span class=\"_ _5\"/>iode au co<span class=\"_ _5\"/>urs de l<span class=\"_ _5\"/>aquell<span class=\"_ _5\"/>e sur<span class=\"_ _5\"/>vie<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x2a h8 yc ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">l'<span class=\"_ _1\"/>\u00e9v\u00e9nement ou la<span class=\"_ _d\"/> condition<span class=\"_ _d\"/> qui d\u00e9cl<span class=\"_ _d\"/>enche le p<span class=\"_ _d\"/>aiement.<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x2a h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x2a h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour c<span class=\"_ _5\"/>alcule<span class=\"_ _5\"/>r la valeu<span class=\"_ _5\"/>r act<span class=\"_ _5\"/>uelle de<span class=\"_ _5\"/>s paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, bpo<span class=\"_ _5\"/>st re<span class=\"_ _5\"/>cour<span class=\"_ _5\"/>t au ta<span class=\"_ _5\"/>ux d'empr<span class=\"_ _5\"/>unt marg<span class=\"_ _5\"/>inal \u00e0 la date d'ent<span class=\"_ _5\"/>r\u00e9e e<span class=\"_ _5\"/>n vigue<span class=\"_ _5\"/>ur du</div>\n<div class=\"t m0 x2a h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>rat de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on si le ta<span class=\"_ _5\"/>ux d'int\u00e9r<span class=\"_ _5\"/>\u00eat impli<span class=\"_ _5\"/>cite du con<span class=\"_ _5\"/>trat de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion ne p<span class=\"_ _5\"/>eut pas \u00ea<span class=\"_ _5\"/>tre d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9 fac<span class=\"_ _5\"/>ileme<span class=\"_ _5\"/>nt. A<span class=\"_ _5\"/>pr\u00e8s la d<span class=\"_ _5\"/>ate d'entr\u00e9<span class=\"_ _5\"/>e en</div>\n<div class=\"t m0 x2a h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vig<span class=\"_ _5\"/>ueur, le monta<span class=\"_ _5\"/>nt des d<span class=\"_ _5\"/>ett<span class=\"_ _5\"/>es de loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n est a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>t\u00e9 pour te<span class=\"_ _5\"/>nir compte d<span class=\"_ _5\"/>e la d\u00e9s<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duit en fo<span class=\"_ _5\"/>nct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n effe<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>\u00e9s. D<span class=\"_ _5\"/>e plus<span class=\"_ _5\"/>, la vale<span class=\"_ _5\"/>ur compt<span class=\"_ _5\"/>able de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t r\u00e9\u00e9v<span class=\"_ _5\"/>alu\u00e9<span class=\"_ _5\"/>e en cas d<span class=\"_ _5\"/>e modif<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>, de change<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">au ni<span class=\"_ _5\"/>veau de la dur<span class=\"_ _5\"/>\u00e9e du con<span class=\"_ _5\"/>trat d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion, de<span class=\"_ _5\"/>s paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n fix<span class=\"_ _5\"/>\u00e9s en sub<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>nce ou de l'\u00e9va<span class=\"_ _5\"/>luation v<span class=\"_ _5\"/>isan<span class=\"_ _5\"/>t \u00e0 l'<span class=\"_ _d\"/>ach<span class=\"_ _5\"/>at de l'act<span class=\"_ _5\"/>if sou<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2013 jace<span class=\"_ _5\"/>nt.</div>\n<div class=\"t m0 x5 h7 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls35 ws3b\">Contrats de loca<span class=\"_ _d\"/>tion d\u2019a<span class=\"_ _d\"/>ctif<span class=\"_ _5\"/>s<span class=\"_ _d\"/> de faible valeur<span class=\"_ _d\"/><span class=\"ff5 ls0 ws0\"> </span></span></div>\n<div class=\"t m0 x2a h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s exemp<span class=\"_ _5\"/>tions co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>nant les co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion don<span class=\"_ _5\"/>t le bien s<span class=\"_ _5\"/>ous \u2013 jace<span class=\"_ _5\"/>nt es<span class=\"_ _5\"/>t de vale<span class=\"_ _5\"/>ur inf\u00e9r<span class=\"_ _5\"/>ieure \u00e0 5<span class=\"_ _5\"/>.00<span class=\"_ _5\"/>0 EUR, p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent pou<span class=\"_ _5\"/>r des</div>\n<div class=\"t m0 x2a h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ar<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>les info<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>iques<span class=\"_ _5\"/>, tel<span class=\"_ _5\"/>s que des i<span class=\"_ _5\"/>mprim<span class=\"_ _5\"/>antes e<span class=\"_ _5\"/>t la loca<span class=\"_ _5\"/>tion d\u2019esp<span class=\"_ _5\"/>aces p<span class=\"_ _5\"/>our les di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibute<span class=\"_ _5\"/>urs de pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7\">Con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on d\u2019ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me<span class=\"ff5\"> </span></span></div>\n<div class=\"t m0 x2a h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s exemp<span class=\"_ _5\"/>tions co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>nant les co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur les v\u00e9<span class=\"_ _5\"/>hicule<span class=\"_ _5\"/>s dont la dur<span class=\"_ _5\"/>\u00e9e de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t de 12 mo<span class=\"_ _5\"/>is ou moi<span class=\"_ _5\"/>ns.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 447px; height: 635px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y56 ff5 fs6 fc3 sc0 ls51 ws61\" style=\"z-index: 15;\">Immeubles de<span class=\"_ _d\"/> placement</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmeub<span class=\"_ _5\"/>les de pl<span class=\"_ _5\"/>aceme<span class=\"_ _5\"/>nt sont p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent cons<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>u\u00e9s d\u2019appa<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s sit<span class=\"_ _5\"/>u\u00e9s dan<span class=\"_ _5\"/>s des imm<span class=\"_ _5\"/>euble<span class=\"_ _5\"/>s utili<span class=\"_ _5\"/>s\u00e9s com<span class=\"_ _5\"/>me bure<span class=\"_ _5\"/>aux de p<span class=\"_ _5\"/>oste,</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lou\u00e9<span class=\"_ _5\"/>s af<span class=\"_ _5\"/>in d\u2019<span class=\"_ _d\"/>obt<span class=\"_ _5\"/>enir de<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us loca<span class=\"_ _5\"/>tifs<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmeub<span class=\"_ _5\"/>les de pl<span class=\"_ _5\"/>aceme<span class=\"_ _5\"/>nt sont \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur co\u00fb<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion, s<span class=\"_ _5\"/>ous d\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s cumu<span class=\"_ _5\"/>l\u00e9s \u00e9ve<span class=\"_ _5\"/>ntuel<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur \u00e9ven<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>es. L<span class=\"_ _5\"/>e mont<span class=\"_ _5\"/>ant amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i es<span class=\"_ _5\"/>t allou\u00e9 d<span class=\"_ _5\"/>e mani\u00e8r<span class=\"_ _5\"/>e sys<span class=\"_ _5\"/>t\u00e9mat<span class=\"_ _5\"/>ique en f<span class=\"_ _5\"/>onc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e la dur\u00e9e d<span class=\"_ _5\"/>\u2019utilit\u00e9 d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif en u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ant</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>de d\u2019amor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent lin<span class=\"_ _5\"/>\u00e9aire. L<span class=\"_ _5\"/>a dur\u00e9<span class=\"_ _5\"/>e d\u2019utilit\u00e9 a<span class=\"_ _5\"/>pplic<span class=\"_ _5\"/>able es<span class=\"_ _5\"/>t rep<span class=\"_ _5\"/>rise d<span class=\"_ _5\"/>ans le ta<span class=\"_ _5\"/>bleau in<span class=\"_ _5\"/>clus dans l<span class=\"_ _5\"/>a sec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n \u201c Immob<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ions</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">corporelles\u201d<span class=\"_ _1\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 297px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y60 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s <span class=\"_ _d\"/>d\u00e9<span class=\"_ _5\"/>tenus en vu<span class=\"_ _5\"/>e <span class=\"_ _d\"/>de la vent<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs no<span class=\"_ _5\"/>n couran<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ont clas<span class=\"_ _5\"/>s\u00e9<span class=\"_ _5\"/>s en tan<span class=\"_ _5\"/>t qu\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9ten<span class=\"_ _5\"/>us en vu<span class=\"_ _5\"/>e de la vente s<span class=\"_ _5\"/>ous un<span class=\"_ _5\"/>e rubr<span class=\"_ _5\"/>ique di<span class=\"_ _5\"/>stin<span class=\"_ _5\"/>cte du b<span class=\"_ _5\"/>ilan si le<span class=\"_ _5\"/>ur valeu<span class=\"_ _5\"/>r compta<span class=\"_ _5\"/>ble</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t reco<span class=\"_ _5\"/>uvr\u00e9<span class=\"_ _5\"/>e prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment v<span class=\"_ _5\"/>ia la vente pl<span class=\"_ _5\"/>ut\u00f4t que pa<span class=\"_ _5\"/>r une util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on conti<span class=\"_ _5\"/>nue. Ce<span class=\"_ _5\"/>ci es<span class=\"_ _5\"/>t appli<span class=\"_ _5\"/>cable s<span class=\"_ _5\"/>i cer<span class=\"_ _5\"/>tains c<span class=\"_ _5\"/>rit\u00e8<span class=\"_ _5\"/>res s<span class=\"_ _5\"/>tric<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s sont re<span class=\"_ _5\"/>ncon<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr\u00e9<span class=\"_ _5\"/>s (lance<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>un pr<span class=\"_ _5\"/>ogra<span class=\"_ _5\"/>mme ac<span class=\"_ _5\"/>tif v<span class=\"_ _5\"/>isant \u00e0 t<span class=\"_ _5\"/>rouve<span class=\"_ _5\"/>r un ache<span class=\"_ _5\"/>teur, propr<span class=\"_ _5\"/>i\u00e9t\u00e9 di<span class=\"_ _5\"/>sponi<span class=\"_ _5\"/>ble pour u<span class=\"_ _5\"/>ne vente im<span class=\"_ _5\"/>m\u00e9diat<span class=\"_ _5\"/>e dans so<span class=\"_ _5\"/>n \u00e9tat a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>el,</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vente h<span class=\"_ _5\"/>autem<span class=\"_ _5\"/>ent pro<span class=\"_ _5\"/>bable et e<span class=\"_ _5\"/>scom<span class=\"_ _5\"/>pt\u00e9e dan<span class=\"_ _5\"/>s l\u2019<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>\u00e9e \u00e0 par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r de la date de c<span class=\"_ _5\"/>lass<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n<span class=\"_ _d\"/>). Le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs no<span class=\"_ _5\"/>n coura<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9s a<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant de le p<span class=\"_ _5\"/>lus bas e<span class=\"_ _5\"/>ntre la v<span class=\"_ _5\"/>aleur ne<span class=\"_ _5\"/>tte co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>ble et la ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur dimin<span class=\"_ _5\"/>u\u00e9e de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s de la ve<span class=\"_ _5\"/>nte.</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles d\u00e9<span class=\"_ _5\"/>tenue<span class=\"_ _5\"/>s en vu<span class=\"_ _5\"/>e de la vente n<span class=\"_ _5\"/>e sont p<span class=\"_ _5\"/>lus amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ies d\u00e8<span class=\"_ _5\"/>s qu'elles s<span class=\"_ _5\"/>ont clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9e<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9tenu<span class=\"_ _5\"/>es en v<span class=\"_ _5\"/>ue de la</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vente<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 117px; height: 155px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 117px; height: 965px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 117px; height: 965px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Collection de timbres</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e timbr<span class=\"_ _5\"/>es qui es<span class=\"_ _5\"/>t la pr<span class=\"_ _5\"/>opri<span class=\"_ _5\"/>\u00e9t\u00e9 de bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>st \u00e9v<span class=\"_ _5\"/>alu\u00e9e \u00e0 s<span class=\"_ _5\"/>a vale<span class=\"_ _5\"/>ur r\u00e9\u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>e, d\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion fai<span class=\"_ _5\"/>te d\u2019une d\u00e9<span class=\"_ _5\"/>cote pour ma<span class=\"_ _5\"/>nque de l<span class=\"_ _5\"/>iquidi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">t\u00e9. Le<span class=\"_ _5\"/>s valeu<span class=\"_ _5\"/>rs r\u00e9<span class=\"_ _5\"/>\u00e9valu<span class=\"_ _5\"/>\u00e9es s<span class=\"_ _5\"/>ont d\u00e9t<span class=\"_ _5\"/>ermin<span class=\"_ _5\"/>\u00e9es p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>odique<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>ur base d<span class=\"_ _5\"/>u prix d<span class=\"_ _5\"/>u march\u00e9<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t pro<span class=\"_ _5\"/>c\u00e8de \u00e0 un<span class=\"_ _5\"/>e r\u00e9\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n de son p<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>moine</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tous le<span class=\"_ _5\"/>s cinq a<span class=\"_ _5\"/>ns (la der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e ayant eu l<span class=\"_ _5\"/>ieu en 20<span class=\"_ _5\"/>20). La colle<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on de tim<span class=\"_ _5\"/>bres e<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans la r<span class=\"_ _5\"/>ubri<span class=\"_ _5\"/>que \u201c<span class=\"_ _d\"/>Aut<span class=\"_ _5\"/>res im<span class=\"_ _5\"/>mobili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles\u201d du b<span class=\"_ _5\"/>ilan.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 987px; height: 95px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y87 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur s<span class=\"_ _5\"/>ur act<span class=\"_ _5\"/>ifs</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A cha<span class=\"_ _5\"/>que date de r<span class=\"_ _5\"/>epor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ng, bp<span class=\"_ _5\"/>ost \u00e9<span class=\"_ _5\"/>value s<span class=\"_ _5\"/>\u2019il y a indic<span class=\"_ _5\"/>ation q<span class=\"_ _5\"/>u\u2019<span class=\"_ _d\"/>un a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f doive \u00ea<span class=\"_ _5\"/>tre so<span class=\"_ _5\"/>umis \u00e0 une r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>. S<span class=\"_ _5\"/>i une indi<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n exis<span class=\"_ _5\"/>te, ou</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lor<span class=\"_ _5\"/>squ\u2019un tes<span class=\"_ _5\"/>t de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeur a<span class=\"_ _5\"/>nnuel e<span class=\"_ _5\"/>st n\u00e9<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>saire (c<span class=\"_ _5\"/>\u00e0d : goo<span class=\"_ _5\"/>dwill et im<span class=\"_ _5\"/>mobili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons inco<span class=\"_ _5\"/>rpor<span class=\"_ _5\"/>elles av<span class=\"_ _5\"/>ec dur\u00e9<span class=\"_ _5\"/>e de vie i<span class=\"_ _5\"/>nd\u00e9f<span class=\"_ _5\"/>inie), bpos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>time l<span class=\"_ _5\"/>a valeur r<span class=\"_ _5\"/>ecouv<span class=\"_ _5\"/>rab<span class=\"_ _5\"/>le de l\u2019act<span class=\"_ _5\"/>if. Une r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion de va<span class=\"_ _5\"/>leur es<span class=\"_ _5\"/>t comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue la vale<span class=\"_ _5\"/>ur compt<span class=\"_ _5\"/>able d\u2019un a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f d\u00e9pas<span class=\"_ _5\"/>se s<span class=\"_ _5\"/>on mont<span class=\"_ _5\"/>ant</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9c<span class=\"_ _5\"/>up\u00e9r<span class=\"_ _5\"/>able, c<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st \u2013 \u00e0 \u2013 dir<span class=\"_ _5\"/>e le mont<span class=\"_ _5\"/>ant le plu<span class=\"_ _5\"/>s haut ent<span class=\"_ _5\"/>re sa ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur<span class=\"_ _d\"/>, d\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>es fr<span class=\"_ _5\"/>ais de ven<span class=\"_ _5\"/>te (soit le mo<span class=\"_ _5\"/>ntant q<span class=\"_ _5\"/>ue bpo<span class=\"_ _5\"/>st r\u00e9<span class=\"_ _5\"/>cup\u00e8r<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">quan<span class=\"_ _5\"/>d elle ven<span class=\"_ _5\"/>d l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>) e<span class=\"_ _5\"/>t sa vale<span class=\"_ _5\"/>ur d\u2019utili<span class=\"_ _5\"/>t\u00e9 (soit le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t que bpo<span class=\"_ _5\"/>st g\u00e9n<span class=\"_ _5\"/>\u00e8rer<span class=\"_ _5\"/>ait si e<span class=\"_ _5\"/>lle contin<span class=\"_ _5\"/>uait \u00e0 uti<span class=\"_ _5\"/>liser l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if<span class=\"_ _5\"/>).</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Lor<span class=\"_ _5\"/>sque ce<span class=\"_ _5\"/>la es<span class=\"_ _5\"/>t pos<span class=\"_ _5\"/>sible, l<span class=\"_ _5\"/>es tes<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ont r\u00e9a<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s sur les a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s indi<span class=\"_ _5\"/>vidue<span class=\"_ _5\"/>ls<span class=\"_ _5\"/>. T<span class=\"_ _1\"/>out<span class=\"_ _5\"/>efois<span class=\"_ _5\"/>, lors<span class=\"_ _5\"/>que le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs ne g<span class=\"_ _5\"/>\u00e9n\u00e8r<span class=\"_ _5\"/>ent pas d<span class=\"_ _5\"/>es fl<span class=\"_ _5\"/>ux de tr<span class=\"_ _5\"/>\u00e9sor<span class=\"_ _5\"/>erie</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de man<span class=\"_ _5\"/>i\u00e8re in<span class=\"_ _5\"/>d\u00e9pe<span class=\"_ _5\"/>ndante, l<span class=\"_ _5\"/>e test e<span class=\"_ _5\"/>st r\u00e9<span class=\"_ _5\"/>alis\u00e9 a<span class=\"_ _5\"/>u niveau d<span class=\"_ _5\"/>e l\u2019unit\u00e9 g\u00e9n\u00e9<span class=\"_ _5\"/>ratr<span class=\"_ _5\"/>ice de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e (UGT) \u00e0 l<span class=\"_ _5\"/>aquel<span class=\"_ _5\"/>le l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif e<span class=\"_ _5\"/>st allo<span class=\"_ _5\"/>u\u00e9 (UGT = le p<span class=\"_ _5\"/>lus pet<span class=\"_ _5\"/>it</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gro<span class=\"_ _5\"/>upe d\u2019ac<span class=\"_ _5\"/>tifs id<span class=\"_ _5\"/>entif<span class=\"_ _5\"/>iab<span class=\"_ _5\"/>le qui g\u00e9n\u00e8<span class=\"_ _5\"/>re des f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie de ma<span class=\"_ _5\"/>ni\u00e8re in<span class=\"_ _5\"/>d\u00e9pe<span class=\"_ _5\"/>ndante d<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e g\u00e9n\u00e9r<span class=\"_ _5\"/>\u00e9s par le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es UGT<span class=\"_ _5\"/>).</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le c<span class=\"_ _5\"/>adre d<span class=\"_ _5\"/>u test d<span class=\"_ _5\"/>e r\u00e9du<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>, le go<span class=\"_ _5\"/>odwill d<span class=\"_ _5\"/>\u00e9gag\u00e9 lo<span class=\"_ _5\"/>rs d\u2019un re<span class=\"_ _5\"/>group<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s est<span class=\"_ _5\"/>, \u00e0 par<span class=\"_ _5\"/>tir d<span class=\"_ _5\"/>e la date d\u2019acquis<span class=\"_ _5\"/>ition<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">allou<span class=\"_ _5\"/>\u00e9 aux gr<span class=\"_ _5\"/>oupe<span class=\"_ _5\"/>s d\u2019UG<span class=\"_ _5\"/>T<span class=\"_ _1\"/>, cen<span class=\"_ _5\"/>s\u00e9s b<span class=\"_ _5\"/>\u00e9n\u00e9f<span class=\"_ _5\"/>ici<span class=\"_ _5\"/>er des s<span class=\"_ _5\"/>yne<span class=\"_ _5\"/>rgie<span class=\"_ _5\"/>s r\u00e9su<span class=\"_ _5\"/>ltant du r<span class=\"_ _5\"/>egrou<span class=\"_ _5\"/>peme<span class=\"_ _5\"/>nt.</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Lor<span class=\"_ _5\"/>squ\u2019une p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te de va<span class=\"_ _5\"/>leur es<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>tat\u00e9<span class=\"_ _5\"/>e, elle r\u00e9<span class=\"_ _5\"/>duit dan<span class=\"_ _5\"/>s un prem<span class=\"_ _5\"/>ier temp<span class=\"_ _5\"/>s la vale<span class=\"_ _5\"/>ur compt<span class=\"_ _5\"/>able de to<span class=\"_ _5\"/>ut goo<span class=\"_ _5\"/>dwill allo<span class=\"_ _5\"/>u\u00e9 aux g<span class=\"_ _5\"/>roupe<span class=\"_ _5\"/>s d\u2019UG<span class=\"_ _5\"/>T<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019exc\u00e9<span class=\"_ _5\"/>dent \u00e9ve<span class=\"_ _5\"/>ntuel e<span class=\"_ _5\"/>st al<span class=\"_ _5\"/>ors imp<span class=\"_ _5\"/>ut\u00e9 sur le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s de l\u2019UG<span class=\"_ _5\"/>T au pro<span class=\"_ _5\"/>rata d<span class=\"_ _5\"/>e leur val<span class=\"_ _5\"/>eur comp<span class=\"_ _5\"/>table<span class=\"_ _5\"/>, mais uniqu<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t dans la</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">me<span class=\"_ _5\"/>sure o\u00f9 la v<span class=\"_ _5\"/>aleur de v<span class=\"_ _5\"/>ente de ce<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs e<span class=\"_ _5\"/>st inf\u00e9<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>ure \u00e0 leur v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>le.</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r sur goo<span class=\"_ _5\"/>dwill ne p<span class=\"_ _5\"/>eut jama<span class=\"_ _5\"/>is \u00eatr<span class=\"_ _5\"/>e repr<span class=\"_ _5\"/>ise ult\u00e9<span class=\"_ _5\"/>rieu<span class=\"_ _5\"/>reme<span class=\"_ _5\"/>nt. Une p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te de va<span class=\"_ _5\"/>leur sur a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>st re<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e si</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>ons init<span class=\"_ _5\"/>iales qu<span class=\"_ _5\"/>i ont pr\u00e9<span class=\"_ _5\"/>valu au m<span class=\"_ _5\"/>oment d<span class=\"_ _5\"/>e la compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de la per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r ne sont p<span class=\"_ _5\"/>lus ren<span class=\"_ _5\"/>contr\u00e9<span class=\"_ _5\"/>es<span class=\"_ _5\"/>, et uniqu<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t dans</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la me<span class=\"_ _5\"/>sure o\u00f9 l<span class=\"_ _5\"/>a valeur co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>ble de l\u2019act<span class=\"_ _5\"/>if ne d\u00e9<span class=\"_ _5\"/>pass<span class=\"_ _5\"/>e pas le mo<span class=\"_ _5\"/>ntant q<span class=\"_ _5\"/>ui ser<span class=\"_ _5\"/>ait app<span class=\"_ _5\"/>aru, a<span class=\"_ _5\"/>pr\u00e8s a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s, si au<span class=\"_ _5\"/>cune p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te de vale<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u2019<span class=\"_ _d\"/>ava<span class=\"_ _5\"/>it \u00e9t\u00e9 pr<span class=\"_ _5\"/>ise en co<span class=\"_ _5\"/>mpte.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 612px; height: 350px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div><br/></div>\n<div class=\"t m0 x5 hb yf ff7 fs6 fc3 sc0 lse5 ws109\" style=\"z-index: 15;\">Stocks</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>tock<span class=\"_ _5\"/>s so<span class=\"_ _5\"/>nt \u00e9valu<span class=\"_ _5\"/>\u00e9s au mo<span class=\"_ _5\"/>ntant l<span class=\"_ _5\"/>e plus bas e<span class=\"_ _5\"/>ntre le<span class=\"_ _5\"/>ur co\u00fbt d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n ou \u00e0 leur v<span class=\"_ _5\"/>aleur ne<span class=\"_ _5\"/>tte d<span class=\"_ _5\"/>e r\u00e9alis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n \u00e0 la date du bila<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pr<span class=\"_ _5\"/>ix d\u2019acquis<span class=\"_ _5\"/>ition d<span class=\"_ _5\"/>es sto<span class=\"_ _5\"/>ck<span class=\"_ _5\"/>s des bie<span class=\"_ _5\"/>ns ach<span class=\"_ _5\"/>et\u00e9s e<span class=\"_ _5\"/>n vue de la r<span class=\"_ _5\"/>evente e<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9 par ap<span class=\"_ _5\"/>plic<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la m\u00e9th<span class=\"_ _5\"/>ode FI<span class=\"_ _5\"/>FO. Les s<span class=\"_ _5\"/>tock<span class=\"_ _5\"/>s de fai<span class=\"_ _5\"/>ble</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">imp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tance d<span class=\"_ _5\"/>ont la va<span class=\"_ _5\"/>leur et la co<span class=\"_ _5\"/>mposi<span class=\"_ _5\"/>tion re<span class=\"_ _5\"/>ste<span class=\"_ _5\"/>nt st<span class=\"_ _5\"/>ables d<span class=\"_ _5\"/>ans le temp<span class=\"_ _5\"/>s sont p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9s au b<span class=\"_ _5\"/>ilan po<span class=\"_ _5\"/>ur une vale<span class=\"_ _5\"/>ur fi<span class=\"_ _5\"/>xe.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le co\u00fb<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on des s<span class=\"_ _5\"/>tock<span class=\"_ _5\"/>s de pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inis comp<span class=\"_ _5\"/>rend to<span class=\"_ _5\"/>us les co\u00fb<span class=\"_ _5\"/>ts qui s<span class=\"_ _5\"/>ont n\u00e9<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>saire<span class=\"_ _5\"/>s pour a<span class=\"_ _5\"/>mene<span class=\"_ _5\"/>r le prod<span class=\"_ _5\"/>uit o\u00f9 il s<span class=\"_ _5\"/>e trou<span class=\"_ _5\"/>ve dans</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l\u2019\u00e9tat dan<span class=\"_ _5\"/>s leque<span class=\"_ _5\"/>l il se tr<span class=\"_ _5\"/>ouve, y co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s les co\u00fbt<span class=\"_ _5\"/>s de pr<span class=\"_ _5\"/>oduc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n indire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>s. L<span class=\"_ _5\"/>e prix d<span class=\"_ _5\"/>e revi<span class=\"_ _5\"/>ent des t<span class=\"_ _5\"/>imbre<span class=\"_ _5\"/>s inclu<span class=\"_ _5\"/>t les co\u00fbt<span class=\"_ _5\"/>s dire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>s et in<span class=\"_ _5\"/>direc<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pro<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>, \u00e0 l\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xclus<span class=\"_ _5\"/>ion des co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>runt e<span class=\"_ _5\"/>t des fr<span class=\"_ _5\"/>ais g\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>ux qui ne co<span class=\"_ _5\"/>ntrib<span class=\"_ _5\"/>uent pa<span class=\"_ _5\"/>s \u00e0 amen<span class=\"_ _5\"/>er le pro<span class=\"_ _5\"/>duit o\u00f9 il s<span class=\"_ _5\"/>e tro<span class=\"_ _5\"/>uve dans l\u2019\u00e9ta<span class=\"_ _5\"/>t dans</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">leq<span class=\"_ _5\"/>uel il se t<span class=\"_ _5\"/>rouve<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>\u2019alloca<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is fi<span class=\"_ _5\"/>xes de pr<span class=\"_ _5\"/>oduc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n sur le pr<span class=\"_ _5\"/>ix de re<span class=\"_ _5\"/>vient s<span class=\"_ _5\"/>e base s<span class=\"_ _5\"/>ur la cap<span class=\"_ _5\"/>acit\u00e9 no<span class=\"_ _5\"/>rmale d<span class=\"_ _5\"/>e prod<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion.</div>\n\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r est n<span class=\"_ _5\"/>\u00e9ces<span class=\"_ _5\"/>sair<span class=\"_ _5\"/>e si la vale<span class=\"_ _5\"/>ur de r\u00e9al<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ion net<span class=\"_ _5\"/>te d\u2019un \u00e9l<span class=\"_ _5\"/>\u00e9ment d<span class=\"_ _5\"/>e sto<span class=\"_ _5\"/>ck \u00e0 la date de cl<span class=\"_ _5\"/>\u00f4ture es<span class=\"_ _5\"/>t inf\u00e9<span class=\"_ _5\"/>rieur<span class=\"_ _5\"/>e au co\u00fbt<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 387px; height: 20px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 387px; height: 200px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y5a ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Provis<span class=\"_ _5\"/>ions li<span class=\"_ _5\"/>\u00e9es aux reven<span class=\"_ _5\"/>us et act<span class=\"_ _5\"/>ifs et pas<span class=\"_ _5\"/>sifs cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s diff\u00e9r<span class=\"_ _5\"/>\u00e9s cons<span class=\"_ _5\"/>titu<span class=\"_ _5\"/>ent la par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie des r<span class=\"_ _5\"/>evenus r<span class=\"_ _5\"/>e\u00e7us p<span class=\"_ _5\"/>endan<span class=\"_ _5\"/>t les p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>des f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>i\u00e8res a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>uelles o<span class=\"_ _5\"/>u pas<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s mais qui o<span class=\"_ _5\"/>nt tra<span class=\"_ _5\"/>it \u00e0 une</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">p\u00e9r<span class=\"_ _5\"/>iode f<span class=\"_ _5\"/>inanci\u00e8re ult\u00e9r<span class=\"_ _5\"/>ieure.</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>s sont la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie de<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us \u00e0 rece<span class=\"_ _5\"/>voir au cour<span class=\"_ _5\"/>s des e<span class=\"_ _5\"/>xerci<span class=\"_ _5\"/>ces f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers ult\u00e9<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>urs qui s<span class=\"_ _5\"/>e rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tent \u00e0 l'exe<span class=\"_ _5\"/>rcice en co<span class=\"_ _5\"/>urs</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ou au<span class=\"_ _5\"/>x exerc<span class=\"_ _5\"/>ices ant<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise le<span class=\"_ _5\"/>s avance<span class=\"_ _5\"/>s des cli<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s dans so<span class=\"_ _5\"/>n bilan e<span class=\"_ _5\"/>n tant qu<span class=\"_ _5\"/>e reven<span class=\"_ _5\"/>us diff\u00e9r<span class=\"_ _5\"/>\u00e9s et le<span class=\"_ _5\"/>s pr\u00e9<span class=\"_ _5\"/>sente e<span class=\"_ _5\"/>n tant qu<span class=\"_ _5\"/>e pass<span class=\"_ _5\"/>if contr<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tuel si</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'obliga<span class=\"_ _5\"/>tion de p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>for<span class=\"_ _5\"/>mance n'a pas en<span class=\"_ _5\"/>core \u00e9t\u00e9 s<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>faite<span class=\"_ _5\"/>. Les pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>act<span class=\"_ _5\"/>uel<span class=\"_ _5\"/>s sont pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt li\u00e9s a<span class=\"_ _5\"/>ux timb<span class=\"_ _5\"/>res<span class=\"_ _5\"/>, aux cr\u00e9<span class=\"_ _5\"/>dit<span class=\"_ _5\"/>s sur les</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mach<span class=\"_ _5\"/>ines \u00e0 a<span class=\"_ _5\"/>ffran<span class=\"_ _5\"/>chir<span class=\"_ _d\"/>, ve<span class=\"_ _5\"/>ndus mai<span class=\"_ _5\"/>s non en<span class=\"_ _5\"/>core util<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>ar les cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s \u00e0 la date du bi<span class=\"_ _5\"/>lan et \u00e0 la con<span class=\"_ _5\"/>trepa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie de SI<span class=\"_ _5\"/>EG pour laq<span class=\"_ _5\"/>uelle l'obli<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>forma<span class=\"_ _5\"/>nce n'<span class=\"_ _d\"/>a pa<span class=\"_ _5\"/>s \u00e9t\u00e9 rem<span class=\"_ _5\"/>plie.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise un ac<span class=\"_ _5\"/>tif co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>el apr<span class=\"_ _5\"/>\u00e8s avoir t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>f\u00e9r\u00e9 un b<span class=\"_ _5\"/>ien ou un s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice \u00e0 u<span class=\"_ _5\"/>n client av<span class=\"_ _5\"/>ant que ce<span class=\"_ _5\"/>lui \u2013 ci ne pa<span class=\"_ _5\"/>ie la contr<span class=\"_ _5\"/>epar<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e ou</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">avan<span class=\"_ _5\"/>t que le paie<span class=\"_ _5\"/>ment n<span class=\"_ _5\"/>e soit d\u00fb<span class=\"_ _5\"/>. Un droit in<span class=\"_ _5\"/>condit<span class=\"_ _5\"/>ionn<span class=\"_ _5\"/>el \u00e0 la cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e est p<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>ent\u00e9 comm<span class=\"_ _5\"/>e une cr\u00e9a<span class=\"_ _5\"/>nce comm<span class=\"_ _5\"/>erciale e<span class=\"_ _5\"/>t un droi<span class=\"_ _5\"/>t condi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>nnel e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>\u00e9sen<span class=\"_ _5\"/>t\u00e9 comme un r<span class=\"_ _5\"/>evenu cu<span class=\"_ _5\"/>mul\u00e9.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 132px; height: 245px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 132px; height: 950px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 132px; height: 950px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 lsa0 wsb3\" style=\"z-index: 15;\">Cr\u00e9ances</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s sont i<span class=\"_ _5\"/>nitiale<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>es \u00e0 leur j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur, et ult\u00e9r<span class=\"_ _5\"/>ieure<span class=\"_ _5\"/>ment \u00e0 le<span class=\"_ _5\"/>ur co\u00fbt am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ti, c\u2019es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire \u00e0 la val<span class=\"_ _5\"/>eur ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>le des f<span class=\"_ _5\"/>lux de</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">liqui<span class=\"_ _5\"/>dit\u00e9s \u00e0 re<span class=\"_ _5\"/>cevoir (s<span class=\"_ _5\"/>auf si l\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t de l\u2019actua<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t non s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if<span class=\"_ _5\"/>).</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise une c<span class=\"_ _5\"/>r\u00e9ance co<span class=\"_ _5\"/>mmerc<span class=\"_ _5\"/>iale lor<span class=\"_ _5\"/>squ'elle a un dr<span class=\"_ _5\"/>oit incon<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>nnel a<span class=\"_ _5\"/>u paiem<span class=\"_ _5\"/>ent d'une cont<span class=\"_ _5\"/>repa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie suite \u00e0 l<span class=\"_ _5\"/>a satis<span class=\"_ _5\"/>fac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n d'une</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">obligation de<span class=\"_ _d\"/> per<span class=\"_ _5\"/>formance.</div>\n\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise sur l'en<span class=\"_ _5\"/>semb<span class=\"_ _5\"/>le de se<span class=\"_ _5\"/>s cr\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s une pro<span class=\"_ _5\"/>visio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes sur c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s atte<span class=\"_ _5\"/>ndue<span class=\"_ _5\"/>s sur la bas<span class=\"_ _5\"/>e du mo<span class=\"_ _5\"/>d\u00e8le de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h7 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s sur cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>ues sur l<span class=\"_ _5\"/>a dur\u00e9e d<span class=\"_ _5\"/>e vie (\"<span class=\"ff5 ls4f ws5e\">EC<span class=\"_ _5\"/>L<span class=\"_ _3b\"/><span class=\"ff4 ls0 ws0\">\"). Com<span class=\"_ _5\"/>me les cr<span class=\"_ _5\"/>\u00e9ance<span class=\"_ _5\"/>s commer<span class=\"_ _5\"/>ciales n<span class=\"_ _5\"/>e contie<span class=\"_ _5\"/>nnen<span class=\"_ _5\"/>t pas de com<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>nte de f<span class=\"_ _5\"/>inancem<span class=\"_ _5\"/>ent </span></span></div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sign<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>ative<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t a choi<span class=\"_ _5\"/>si d'appliq<span class=\"_ _5\"/>uer l'appro<span class=\"_ _5\"/>che si<span class=\"_ _5\"/>mplif<span class=\"_ _5\"/>i\u00e9e p<span class=\"_ _5\"/>our cal<span class=\"_ _5\"/>culer le t<span class=\"_ _5\"/>aux de p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes de c<span class=\"_ _5\"/>r\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues e<span class=\"_ _5\"/>n utilis<span class=\"_ _5\"/>ant une m<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>ce de</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>, bas\u00e9<span class=\"_ _5\"/>e sur le<span class=\"_ _5\"/>s taux d<span class=\"_ _5\"/>e d\u00e9fa<span class=\"_ _5\"/>ut his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ues ada<span class=\"_ _5\"/>pt\u00e9s au<span class=\"_ _5\"/>x infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>ns ac<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>s et fu<span class=\"_ _5\"/>tures<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 897px; height: 65px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 897px; height: 185px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 897px; height: 185px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y8b ff5 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Frais d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>ats</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise com<span class=\"_ _5\"/>me ac<span class=\"_ _5\"/>tif les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s diff\u00e9re<span class=\"_ _5\"/>ntie<span class=\"_ _5\"/>ls po<span class=\"_ _5\"/>ur obten<span class=\"_ _5\"/>ir un contr<span class=\"_ _5\"/>at et po<span class=\"_ _5\"/>ur ex\u00e9<span class=\"_ _5\"/>cuter un co<span class=\"_ _5\"/>ntrat s<span class=\"_ _5\"/>i bpos<span class=\"_ _5\"/>t pr\u00e9v<span class=\"_ _5\"/>oit de le<span class=\"_ _5\"/>s r\u00e9cup<span class=\"_ _5\"/>\u00e9rer.</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Si le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s nor<span class=\"_ _5\"/>mes ne s<span class=\"_ _5\"/>ont pa<span class=\"_ _5\"/>s applic<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s, se<span class=\"_ _5\"/>uls le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s direc<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent li\u00e9<span class=\"_ _5\"/>s \u00e0 l'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>\u00e9cuti<span class=\"_ _5\"/>on d'un cont<span class=\"_ _5\"/>rat rel<span class=\"_ _5\"/>evant d<span class=\"_ _5\"/>e l'IFRS 1<span class=\"_ _5\"/>5 sont a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>iv\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019\u00e9valu<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e ces cri<span class=\"_ _5\"/>t\u00e8res n<span class=\"_ _5\"/>\u00e9ces<span class=\"_ _5\"/>site un j<span class=\"_ _5\"/>ugemen<span class=\"_ _5\"/>t de la dire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>iv\u00e9s s<span class=\"_ _5\"/>ont pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t li\u00e9s \u00e0 la mi<span class=\"_ _5\"/>se en pl<span class=\"_ _5\"/>ace et \u00e0 l'adapt<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des s<span class=\"_ _5\"/>yst\u00e8<span class=\"_ _5\"/>mes<span class=\"_ _5\"/>, \u00e0 la ges<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e proje<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>, \u00e0 la for<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>n et aux co<span class=\"_ _5\"/>m-</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mis<span class=\"_ _5\"/>sions d<span class=\"_ _5\"/>e vente p<span class=\"_ _5\"/>our les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ue et de f<span class=\"_ _5\"/>ulfi<span class=\"_ _5\"/>lment<span class=\"_ _5\"/>, ainsi qu<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ux se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e back \u2013 off<span class=\"_ _5\"/>ice, d<span class=\"_ _5\"/>e proxim<span class=\"_ _5\"/>it\u00e9 et comm<span class=\"_ _5\"/>odit\u00e9<span class=\"_ _5\"/>. Les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>s sur la dur\u00e9<span class=\"_ _5\"/>e pr\u00e9<span class=\"_ _5\"/>vue du con<span class=\"_ _5\"/>trat ave<span class=\"_ _5\"/>c le clie<span class=\"_ _5\"/>nt.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 732px; height: 140px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 732px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb yb ff5 fs6 fc3 sc0 ls51 ws61\" style=\"z-index: 15;\">Titres de p<span class=\"_ _d\"/>lacement</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>itre<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cement p<span class=\"_ _5\"/>euve<span class=\"_ _5\"/>nt \u00eatr<span class=\"_ _5\"/>e clas<span class=\"_ _5\"/>sifi<span class=\"_ _5\"/>\u00e9s, lo<span class=\"_ _5\"/>rs de le<span class=\"_ _5\"/>ur compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n initial<span class=\"_ _5\"/>e, comme \u00e9<span class=\"_ _5\"/>tant ul<span class=\"_ _5\"/>t\u00e9rie<span class=\"_ _5\"/>urem<span class=\"_ _5\"/>ent \u00e9va<span class=\"_ _5\"/>lu\u00e9s au co<span class=\"_ _5\"/>\u00fbt amor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>i, \u00e0</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur par le bia<span class=\"_ _5\"/>is des a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s \u00e9l\u00e9me<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>u r\u00e9sul<span class=\"_ _5\"/>tat glo<span class=\"_ _5\"/>bal (OCI) et \u00e0 la j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur par l<span class=\"_ _5\"/>e biais du com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s<span class=\"_ _5\"/>. La cla<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des t<span class=\"_ _5\"/>itre<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cement l<span class=\"_ _5\"/>ors de l<span class=\"_ _5\"/>a compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>ation in<span class=\"_ _5\"/>itiale d<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>d des c<span class=\"_ _5\"/>arac<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>iques d<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>act<span class=\"_ _5\"/>uels d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et du m<span class=\"_ _5\"/>od\u00e8l<span class=\"_ _5\"/>e d'<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t pour le<span class=\"_ _5\"/>ur ges<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t \u00e9va<span class=\"_ _5\"/>lue init<span class=\"_ _5\"/>ialeme<span class=\"_ _5\"/>nt un ac<span class=\"_ _5\"/>tif f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier \u00e0 sa ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur plus<span class=\"_ _5\"/>, dans le c<span class=\"_ _5\"/>as d'un ac<span class=\"_ _5\"/>tif</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er qui n'est pa<span class=\"_ _5\"/>s \u00e0 la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r par le biai<span class=\"_ _5\"/>s du compte de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s, les co<span class=\"_ _5\"/>\u00fbts d<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La c<span class=\"_ _5\"/>lass<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n et l'\u00e9valuat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s titre<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cemen<span class=\"_ _5\"/>t de bpos<span class=\"_ _5\"/>t so<span class=\"_ _5\"/>nt les sui<span class=\"_ _5\"/>vante<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les i<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e det<span class=\"_ _5\"/>te au co\u00fbt a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>ti p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers qui s<span class=\"_ _5\"/>ont d\u00e9<span class=\"_ _5\"/>tenus da<span class=\"_ _5\"/>ns le cad<span class=\"_ _5\"/>re d'un mod<span class=\"_ _5\"/>\u00e8le d'entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>se dont l'obj<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tif</div>\n<div class=\"t m0 x2a h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t de d\u00e9t<span class=\"_ _5\"/>enir les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers af<span class=\"_ _5\"/>in de co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>ter de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>ls qui r<span class=\"_ _5\"/>\u00e9pon<span class=\"_ _5\"/>dent au c<span class=\"_ _5\"/>rit\u00e8r<span class=\"_ _5\"/>e SPPI (Sole<span class=\"_ _5\"/>ly Paym<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s of</div>\n<div class=\"t m0 x2a h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prin<span class=\"_ _5\"/>cipal an<span class=\"_ _5\"/>d Inter<span class=\"_ _5\"/>est<span class=\"_ _5\"/>s).</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers \u00e0 l<span class=\"_ _5\"/>a FV<span class=\"_ _5\"/>PL (Fair Value th<span class=\"_ _5\"/>rough Pr<span class=\"_ _5\"/>ofit &amp; L<span class=\"_ _5\"/>oss) ne com<span class=\"_ _5\"/>prenn<span class=\"_ _5\"/>ent que d<span class=\"_ _5\"/>es ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s d\u00e9r<span class=\"_ _5\"/>iv\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les t<span class=\"_ _5\"/>itre<span class=\"_ _5\"/>s de place<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>ont sou<span class=\"_ _5\"/>mis \u00e0 une m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion de v<span class=\"_ _5\"/>aleur, appe<span class=\"_ _5\"/>l\u00e9e mo<span class=\"_ _5\"/>d\u00e8le de p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>due (ECL), qui exig<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de me<span class=\"_ _5\"/>sure<span class=\"_ _5\"/>r les pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s de cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>es. C<span class=\"_ _5\"/>es ECL so<span class=\"_ _5\"/>nt bas\u00e9<span class=\"_ _5\"/>es sur l<span class=\"_ _5\"/>a diff\u00e9r<span class=\"_ _5\"/>ence ent<span class=\"_ _5\"/>re les f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s dus con<span class=\"_ _5\"/>form<span class=\"_ _5\"/>\u00e9ment a<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>rat et to<span class=\"_ _5\"/>us les f<span class=\"_ _5\"/>lux de t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie que bp<span class=\"_ _5\"/>ost s'at<span class=\"_ _5\"/>tend \u00e0 re<span class=\"_ _5\"/>cevoir. Pour le<span class=\"_ _5\"/>s inst<span class=\"_ _5\"/>rum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de det<span class=\"_ _5\"/>te, l'ECL e<span class=\"_ _5\"/>st bas<span class=\"_ _5\"/>\u00e9e sur l'<span class=\"_ _5\"/>ECL \u00e0 12 mois<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'<span class=\"_ _5\"/>E<span class=\"_ _d\"/>CL \u00e0 1<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">moi<span class=\"_ _5\"/>s est l<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie de<span class=\"_ _5\"/>s ECL \u00e0 vie qui r<span class=\"_ _5\"/>\u00e9sulte d'\u00e9v\u00e9<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e d\u00e9fa<span class=\"_ _5\"/>illance s<span class=\"_ _5\"/>ur un ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er qui so<span class=\"_ _5\"/>nt pos<span class=\"_ _5\"/>sible<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s 12 moi<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la date d<span class=\"_ _5\"/>e public<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>. T<span class=\"_ _1\"/>ou<span class=\"_ _5\"/>tefois<span class=\"_ _5\"/>, lor<span class=\"_ _5\"/>squ'il y a eu un<span class=\"_ _5\"/>e augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion sign<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>ve du ris<span class=\"_ _5\"/>que de cr<span class=\"_ _5\"/>\u00e9dit de<span class=\"_ _5\"/>puis l'ori<span class=\"_ _5\"/>gine, la p<span class=\"_ _5\"/>rovis<span class=\"_ _5\"/>ion se<span class=\"_ _5\"/>ra bas<span class=\"_ _5\"/>\u00e9e</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur la d<span class=\"_ _5\"/>ur\u00e9e de v<span class=\"_ _5\"/>ie de l\u2019ECL<span class=\"_ _5\"/>. bp<span class=\"_ _5\"/>ost con<span class=\"_ _5\"/>sid\u00e8r<span class=\"_ _5\"/>e qu'un titr<span class=\"_ _5\"/>e de place<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>st en d<span class=\"_ _5\"/>\u00e9fau<span class=\"_ _5\"/>t (totalem<span class=\"_ _5\"/>ent ou pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ielle<span class=\"_ _5\"/>ment) lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue des in<span class=\"_ _5\"/>form<span class=\"_ _5\"/>ations</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">inter<span class=\"_ _5\"/>nes o<span class=\"_ _5\"/>u ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>es indi<span class=\"_ _5\"/>quent q<span class=\"_ _5\"/>u'il est p<span class=\"_ _5\"/>eu pro<span class=\"_ _5\"/>bable qu<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t re\u00e7o<span class=\"_ _5\"/>ive la tota<span class=\"_ _5\"/>lit\u00e9 de<span class=\"_ _5\"/>s monta<span class=\"_ _5\"/>nts co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>els e<span class=\"_ _5\"/>n cours e<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e l'ECL</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">appropri\u00e9e.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>chat<span class=\"_ _5\"/>s ou les v<span class=\"_ _5\"/>entes d'ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s et d\u00e9<span class=\"_ _5\"/>compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9s de m<span class=\"_ _5\"/>ani\u00e8re r<span class=\"_ _5\"/>\u00e9guli<span class=\"_ _5\"/>\u00e8re en ut<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>nt la compt<span class=\"_ _5\"/>abilit<span class=\"_ _5\"/>\u00e9 \u00e0 la date de</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e8g<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t. La j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s est d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9<span class=\"_ _5\"/>e par r\u00e9f\u00e9<span class=\"_ _5\"/>rence a<span class=\"_ _5\"/>ux pr<span class=\"_ _5\"/>ix publi<span class=\"_ _5\"/>\u00e9s sur un ma<span class=\"_ _5\"/>rch\u00e9 a<span class=\"_ _5\"/>ctif.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 327px; height: 380px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y5d ff7 fs6 fc3 sc0 ls1e ws6a\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r\u00e9sorerie et <span class=\"_ _d\"/>\u00e9quivalents de <span class=\"_ _d\"/>tr\u00e9sorerie</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te r<span class=\"_ _5\"/>ubriq<span class=\"_ _5\"/>ue inclu<span class=\"_ _5\"/>t les vale<span class=\"_ _5\"/>urs di<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>ibles e<span class=\"_ _5\"/>n cais<span class=\"_ _5\"/>se, en b<span class=\"_ _5\"/>anque<span class=\"_ _5\"/>, les vale<span class=\"_ _5\"/>urs \u00e0 l\u2019enc<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt, le<span class=\"_ _5\"/>s placem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me (avec une</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9ch<span class=\"_ _5\"/>\u00e9ance in<span class=\"_ _5\"/>itiale de 3 m<span class=\"_ _5\"/>ois au pl<span class=\"_ _5\"/>us)<span class=\"_ _d\"/>, tr<span class=\"_ _5\"/>\u00e8s liqui<span class=\"_ _5\"/>des<span class=\"_ _5\"/>, qui sont f<span class=\"_ _5\"/>acile<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>nver<span class=\"_ _5\"/>tible<span class=\"_ _5\"/>s en un mo<span class=\"_ _5\"/>ntant co<span class=\"_ _5\"/>nnu de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e, et qui s<span class=\"_ _5\"/>ont so<span class=\"_ _5\"/>umis \u00e0 un</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ris<span class=\"_ _5\"/>que n\u00e9<span class=\"_ _5\"/>gligeab<span class=\"_ _5\"/>le de chan<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le c<span class=\"_ _5\"/>adre d<span class=\"_ _5\"/>e la d\u00e9te<span class=\"_ _5\"/>rminat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s, l<span class=\"_ _5\"/>a tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie et le<span class=\"_ _5\"/>s \u00e9qui<span class=\"_ _5\"/>valent<span class=\"_ _5\"/>s de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>rer<span class=\"_ _5\"/>ie consis<span class=\"_ _5\"/>tent e<span class=\"_ _5\"/>n les liqu<span class=\"_ _5\"/>idit\u00e9s e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les d<span class=\"_ _5\"/>\u00e9p\u00f4t<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me, com<span class=\"_ _5\"/>me d\u00e9f<span class=\"_ _5\"/>ini pl<span class=\"_ _5\"/>us haut<span class=\"_ _5\"/>, net<span class=\"_ _5\"/>s des d<span class=\"_ _5\"/>\u00e9couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ba<span class=\"_ _5\"/>ncai<span class=\"_ _5\"/>res.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 192px; height: 125px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 192px; height: 125px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 192px; height: 890px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 192px; height: 890px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls36 ws3e\" style=\"z-index: 15;\">Capital</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">Les a<span class=\"_ _d\"/>ctions or<span class=\"_ _d\"/>dina<span class=\"_ _d\"/>ires<span class=\"_ _d\"/> sont c<span class=\"_ _d\"/>lass\u00e9es sou<span class=\"_ _d\"/>s la<span class=\"_ _d\"/> rubrique<span class=\"_ _1\"/> \u201ccapita<span class=\"_ _d\"/>l sousc<span class=\"_ _d\"/>rit\u201d<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions pr<span class=\"_ _5\"/>opre<span class=\"_ _5\"/>s sont d\u00e9<span class=\"_ _5\"/>duite<span class=\"_ _5\"/>s des fo<span class=\"_ _5\"/>nds pro<span class=\"_ _5\"/>pres<span class=\"_ _5\"/>. Les m<span class=\"_ _5\"/>ouve<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s sur ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns prop<span class=\"_ _5\"/>res n\u2019affec<span class=\"_ _5\"/>tent p<span class=\"_ _5\"/>as le compte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">Les a<span class=\"_ _d\"/>utres r<span class=\"_ _d\"/>\u00e9ser<span class=\"_ _5\"/>v<span class=\"_ _d\"/>es engl<span class=\"_ _d\"/>obent<span class=\"_ _d\"/> les r<span class=\"_ _d\"/>\u00e9sulta<span class=\"_ _d\"/>ts des ex<span class=\"_ _d\"/>ercic<span class=\"_ _d\"/>es ant<span class=\"_ _d\"/>\u00e9rieurs,<span class=\"_ _d\"/> les r<span class=\"_ _d\"/>\u00e9ser<span class=\"_ _5\"/>ves<span class=\"_ _d\"/> l\u00e9ga<span class=\"_ _d\"/>les et<span class=\"_ _d\"/> les r<span class=\"_ _d\"/>\u00e9ser<span class=\"_ _5\"/>ves<span class=\"_ _d\"/> con<span class=\"_ _d\"/>solid\u00e9es.</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats r<span class=\"_ _5\"/>epor<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>s inclu<span class=\"_ _5\"/>ent le r\u00e9<span class=\"_ _5\"/>sultat d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>exe<span class=\"_ _5\"/>rcice e<span class=\"_ _5\"/>n cours com<span class=\"_ _5\"/>me men<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>\u00e9 dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 942px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb yee ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Avant<span class=\"_ _5\"/>ages au per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el</div>\n<div class=\"t m0 x5 h7 y8a ff7 fs3 fc2 sc0 ls0 ws4a\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s <span class=\"_ _d\"/>\u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les av<span class=\"_ _5\"/>anta<span class=\"_ _5\"/>ges \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s lor<span class=\"_ _5\"/>squ\u2019un e<span class=\"_ _5\"/>mploy\u00e9 a re<span class=\"_ _5\"/>ndu de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces \u00e0 bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>. Les ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s non pay\u00e9<span class=\"_ _5\"/>s \u00e0 la date de cl<span class=\"_ _5\"/>\u00f4ture</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t repr<span class=\"_ _5\"/>is sou<span class=\"_ _5\"/>s la rub<span class=\"_ _5\"/>rique \u201c<span class=\"_ _5\"/>Det<span class=\"_ _5\"/>tes com<span class=\"_ _5\"/>mercia<span class=\"_ _5\"/>les et a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes\u201d<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h7 y8e ff7 fs3 fc2 sc0 ls0 ws4a\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s <span class=\"_ _d\"/>p<span class=\"_ _5\"/>ost\u00e9<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>urs \u00e0 l\u2019<span class=\"_ _d\"/>em<span class=\"_ _5\"/>plo<span class=\"_ _5\"/>i <span class=\"_ _d\"/></div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les av<span class=\"_ _5\"/>anta<span class=\"_ _5\"/>ges pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s \u00e0 l\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>loi font l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bjet d\u2019une \u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle e<span class=\"_ _5\"/>t sont p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>s (sous d\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du plan) dans l<span class=\"_ _5\"/>a</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">me<span class=\"_ _5\"/>sure o\u00f9 bp<span class=\"_ _5\"/>ost a u<span class=\"_ _5\"/>ne oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>enco<span class=\"_ _5\"/>urir de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s rela<span class=\"_ _5\"/>tifs \u00e0 ce<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te oblig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n peut \u00ea<span class=\"_ _5\"/>tre l\u00e9g<span class=\"_ _5\"/>ale, cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle, ou con<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>e (\u201cdroit<span class=\"_ _5\"/>s conf\u00e9r<span class=\"_ _5\"/>\u00e9s\u201d sur b<span class=\"_ _5\"/>ase d\u2019une p<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>que pas<span class=\"_ _5\"/>s\u00e9<span class=\"_ _5\"/>e<span class=\"_ _d\"/>).</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En app<span class=\"_ _5\"/>licat<span class=\"_ _5\"/>ion de ce<span class=\"_ _5\"/>s princ<span class=\"_ _5\"/>ipes<span class=\"_ _5\"/>, une pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>n (calcul\u00e9<span class=\"_ _5\"/>e selo<span class=\"_ _5\"/>n une m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e ac<span class=\"_ _5\"/>tuari<span class=\"_ _5\"/>elle f<span class=\"_ _5\"/>ix\u00e9e pa<span class=\"_ _5\"/>r les nor<span class=\"_ _5\"/>mes I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9) est co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>itu\u00e9<span class=\"_ _5\"/>e dans le</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ca<span class=\"_ _5\"/>dre des av<span class=\"_ _5\"/>antag<span class=\"_ _5\"/>es pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s \u00e0 l\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>loi, en v<span class=\"_ _5\"/>ue de couv<span class=\"_ _5\"/>rir<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>les co<span class=\"_ _5\"/>\u00fbts f<span class=\"_ _5\"/>utur<span class=\"_ _5\"/>s relat<span class=\"_ _5\"/>ifs au<span class=\"_ _5\"/>x retr<span class=\"_ _5\"/>ait\u00e9<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>uels (<span class=\"_ _5\"/>provis<span class=\"_ _5\"/>ion rep<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>nt 100 % de<span class=\"_ _5\"/>s futur<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>s de ces r<span class=\"_ _5\"/>etra<span class=\"_ _5\"/>it\u00e9s) ;</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>les co<span class=\"_ _5\"/>\u00fbts f<span class=\"_ _5\"/>utur<span class=\"_ _5\"/>s des re<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>it\u00e9s po<span class=\"_ _5\"/>tentie<span class=\"_ _5\"/>ls, e<span class=\"_ _5\"/>st<span class=\"_ _5\"/>im\u00e9s s<span class=\"_ _5\"/>ur base d<span class=\"_ _5\"/>es emp<span class=\"_ _5\"/>loy\u00e9s ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt en se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice et te<span class=\"_ _5\"/>nant comp<span class=\"_ _5\"/>te du ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice accum<span class=\"_ _5\"/>ul\u00e9 de</div>\n<div class=\"t m0 x2a h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ces e<span class=\"_ _5\"/>mploy\u00e9<span class=\"_ _5\"/>s \u00e0 chaque d<span class=\"_ _5\"/>ate de cl\u00f4tu<span class=\"_ _5\"/>re et de la p<span class=\"_ _5\"/>robab<span class=\"_ _5\"/>ilit\u00e9 que le p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l atte<span class=\"_ _5\"/>igne l\u2019\u00e2ge vo<span class=\"_ _5\"/>ulu pour o<span class=\"_ _5\"/>btenir le<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages (l<span class=\"_ _5\"/>a provi<span class=\"_ _5\"/>sion es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x2a h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cons<span class=\"_ _5\"/>titu<span class=\"_ _5\"/>\u00e9e pro<span class=\"_ _5\"/>gres<span class=\"_ _5\"/>sive<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>, au fur e<span class=\"_ _5\"/>t \u00e0 mesu<span class=\"_ _5\"/>re que le<span class=\"_ _5\"/>s membr<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel av<span class=\"_ _5\"/>ancent d<span class=\"_ _5\"/>ans leur c<span class=\"_ _5\"/>arr<span class=\"_ _5\"/>i\u00e8re p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lle).</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>\u00e9\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>ns, com<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es de g<span class=\"_ _5\"/>ains et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tua<span class=\"_ _5\"/>riel<span class=\"_ _5\"/>s sont d<span class=\"_ _5\"/>irec<span class=\"_ _5\"/>teme<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9es d<span class=\"_ _5\"/>ans le bila<span class=\"_ _5\"/>n avec un d\u00e9<span class=\"_ _5\"/>bit ou un c<span class=\"_ _5\"/>r\u00e9dit co<span class=\"_ _5\"/>rre<span class=\"_ _5\"/>s-</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pon<span class=\"_ _5\"/>dant \u00e0 tr<span class=\"_ _5\"/>aver<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res \u00e9l<span class=\"_ _5\"/>\u00e9ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>at global d<span class=\"_ _5\"/>ans la p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de dura<span class=\"_ _5\"/>nt laque<span class=\"_ _5\"/>lle elle<span class=\"_ _5\"/>s se pro<span class=\"_ _5\"/>duis<span class=\"_ _5\"/>ent. L<span class=\"_ _5\"/>es r\u00e9\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ions n<span class=\"_ _5\"/>e sont pa<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rec<span class=\"_ _5\"/>lass<span class=\"_ _5\"/>\u00e9e<span class=\"_ _5\"/>s dans le com<span class=\"_ _5\"/>pte de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s dans l<span class=\"_ _5\"/>es p\u00e9r<span class=\"_ _5\"/>iod<span class=\"_ _5\"/>es ult\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>con<span class=\"_ _5\"/>cerna<span class=\"_ _5\"/>nt le tau<span class=\"_ _5\"/>x d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on, le ta<span class=\"_ _5\"/>ux de mo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>alit\u00e9, l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avanta<span class=\"_ _5\"/>ges fu<span class=\"_ _5\"/>turs<span class=\"_ _5\"/>, l\u2019inf<span class=\"_ _5\"/>latio<span class=\"_ _5\"/>n, etc<span class=\"_ _5\"/>.) sont</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s pour \u00e9<span class=\"_ _5\"/>value<span class=\"_ _5\"/>r les ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons li\u00e9<span class=\"_ _5\"/>es aux a<span class=\"_ _5\"/>vanta<span class=\"_ _5\"/>ges au pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>, confor<span class=\"_ _5\"/>m\u00e9m<span class=\"_ _5\"/>ent \u00e0 la no<span class=\"_ _5\"/>rme I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9. Des ga<span class=\"_ _5\"/>ins et pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s appa<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>nt in\u00e9v<span class=\"_ _5\"/>itab<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t, r\u00e9<span class=\"_ _5\"/>sultan<span class=\"_ _5\"/>t (<span class=\"_ _d\"/>1) des v<span class=\"_ _5\"/>ariat<span class=\"_ _5\"/>ions da<span class=\"_ _5\"/>ns les hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>uarie<span class=\"_ _5\"/>lles d\u2019un e<span class=\"_ _5\"/>xercice \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>utre, e<span class=\"_ _5\"/>t (2) des \u00e9<span class=\"_ _5\"/>car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s entre l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9e<span class=\"_ _5\"/>ls et l<span class=\"_ _5\"/>es hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses a<span class=\"_ _5\"/>ctua<span class=\"_ _5\"/>riell<span class=\"_ _5\"/>es util<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion IA<span class=\"_ _5\"/>S 19.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ca<span class=\"_ _5\"/>lcul de l\u2019oblig<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9 suiv<span class=\"_ _5\"/>ant la m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>de des un<span class=\"_ _5\"/>it\u00e9s de c<span class=\"_ _5\"/>r\u00e9dit p<span class=\"_ _5\"/>rojet\u00e9<span class=\"_ _5\"/>es<span class=\"_ _5\"/>. Chaqu<span class=\"_ _5\"/>e ann\u00e9e d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice conf\u00e8r<span class=\"_ _5\"/>e le droit \u00e0 u<span class=\"_ _5\"/>ne unit\u00e9</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de cr<span class=\"_ _5\"/>\u00e9dit sup<span class=\"_ _5\"/>pl\u00e9me<span class=\"_ _5\"/>ntair<span class=\"_ _5\"/>e \u00e0 pren<span class=\"_ _5\"/>dre en con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n lors de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xerc<span class=\"_ _5\"/>ice d\u2019<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>aluati<span class=\"_ _5\"/>on des av<span class=\"_ _5\"/>antage<span class=\"_ _5\"/>s et ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons y aff\u00e9<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>. Le ta<span class=\"_ _5\"/>ux d\u2019actu<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lis<span class=\"_ _5\"/>ation u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9 corre<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>d au ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt d\u2019<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons d\u2019entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses de h<span class=\"_ _5\"/>aute qual<span class=\"_ _5\"/>it\u00e9 ou sur ba<span class=\"_ _5\"/>se d\u2019oblig<span class=\"_ _5\"/>ations g<span class=\"_ _5\"/>ouver<span class=\"_ _5\"/>nem<span class=\"_ _5\"/>ental<span class=\"_ _5\"/>es avec u<span class=\"_ _5\"/>ne</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">matur<span class=\"_ _5\"/>it\u00e9 simi<span class=\"_ _5\"/>laire \u00e0 cell<span class=\"_ _5\"/>e de l\u2019avantag<span class=\"_ _5\"/>e en ques<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>lans b<span class=\"_ _5\"/>elges \u00e0 cot<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>es avec u<span class=\"_ _5\"/>n rend<span class=\"_ _5\"/>ement l<span class=\"_ _5\"/>\u00e9gal min<span class=\"_ _5\"/>imum gar<span class=\"_ _5\"/>anti s<span class=\"_ _5\"/>ont \u00e9va<span class=\"_ _5\"/>lu\u00e9s s<span class=\"_ _5\"/>elon la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de de<span class=\"_ _5\"/>s unit\u00e9s d<span class=\"_ _5\"/>e cr\u00e9di<span class=\"_ _5\"/>t proje<span class=\"_ _5\"/>t\u00e9es</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">san<span class=\"_ _5\"/>s proje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s prim<span class=\"_ _5\"/>es fut<span class=\"_ _5\"/>ures<span class=\"_ _5\"/>. \u00c9tant do<span class=\"_ _5\"/>nn\u00e9 que le<span class=\"_ _5\"/>s plan<span class=\"_ _5\"/>s n<span class=\"_ _d\"/>'accor<span class=\"_ _5\"/>dent pas d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s qui entr<span class=\"_ _5\"/>a\u00eene<span class=\"_ _5\"/>ront un ni<span class=\"_ _5\"/>veau d'avant<span class=\"_ _5\"/>ages su<span class=\"_ _5\"/>bs-</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>ment p<span class=\"_ _5\"/>lus \u00e9lev<span class=\"_ _5\"/>\u00e9 en rais<span class=\"_ _5\"/>on du s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice de l'em<span class=\"_ _5\"/>ploy\u00e9 au cour<span class=\"_ _5\"/>s des a<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s ult\u00e9r<span class=\"_ _5\"/>ieure<span class=\"_ _5\"/>s, c'es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire que l<span class=\"_ _5\"/>es contr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ions n\u2019augme<span class=\"_ _5\"/>n-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tent p<span class=\"_ _5\"/>as avec l\u2019\u00e2ge, l<span class=\"_ _5\"/>e prin<span class=\"_ _5\"/>cipe de ba<span class=\"_ _5\"/>se lin<span class=\"_ _5\"/>\u00e9aire n'est pa<span class=\"_ _5\"/>s appli<span class=\"_ _5\"/>cable<span class=\"_ _5\"/>. La m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>ologi<span class=\"_ _5\"/>e appliq<span class=\"_ _5\"/>u\u00e9e sig<span class=\"_ _5\"/>nifi<span class=\"_ _5\"/>e que les r<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ves l\u00e9g<span class=\"_ _5\"/>ales min<span class=\"_ _5\"/>imales</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>les so<span class=\"_ _5\"/>nt proje<span class=\"_ _5\"/>t\u00e9es e<span class=\"_ _5\"/>n ver<span class=\"_ _5\"/>tu de la l<span class=\"_ _5\"/>\u00e9gisl<span class=\"_ _5\"/>ation b<span class=\"_ _5\"/>elge jus<span class=\"_ _5\"/>qu'\u00e0 l'\u00e2ge pr\u00e9<span class=\"_ _5\"/>sum\u00e9 de la r<span class=\"_ _5\"/>etr<span class=\"_ _5\"/>aite et s<span class=\"_ _5\"/>ont ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>en r<span class=\"_ _5\"/>esp<span class=\"_ _5\"/>ect<span class=\"_ _5\"/>ant la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cale / ho<span class=\"_ _5\"/>rizon<span class=\"_ _5\"/>tale et l<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x minimum<span class=\"_ _5\"/>s l\u00e9gau<span class=\"_ _5\"/>x pas<span class=\"_ _5\"/>s\u00e9s cr<span class=\"_ _5\"/>\u00e9dit\u00e9<span class=\"_ _5\"/>s sur les r<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ves l\u00e9g<span class=\"_ _5\"/>ales min<span class=\"_ _5\"/>imales). Le par<span class=\"_ _5\"/>agr<span class=\"_ _5\"/>aphe 11<span class=\"_ _5\"/>5 de la no<span class=\"_ _5\"/>rme I<span class=\"_ _5\"/>AS</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">19 a \u00e9t<span class=\"_ _5\"/>\u00e9 appliq<span class=\"_ _5\"/>u\u00e9 car le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce colle<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ve sont q<span class=\"_ _5\"/>ualif<span class=\"_ _5\"/>i\u00e9s de co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce. L<span class=\"_ _1\"/>'obliga<span class=\"_ _5\"/>tion in<span class=\"_ _5\"/>divid<span class=\"_ _5\"/>uelle c<span class=\"_ _5\"/>alcul\u00e9<span class=\"_ _5\"/>e au titr<span class=\"_ _5\"/>e des</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pre<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>inies n<span class=\"_ _5\"/>e peut p<span class=\"_ _5\"/>as \u00eatr<span class=\"_ _5\"/>e inf\u00e9r<span class=\"_ _5\"/>ieure \u00e0 la j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur ind<span class=\"_ _5\"/>ividu<span class=\"_ _5\"/>elle de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs du r<span class=\"_ _5\"/>\u00e9gime c<span class=\"_ _5\"/>ar en ve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>u de la l\u00e9g<span class=\"_ _5\"/>islati<span class=\"_ _5\"/>on bel<span class=\"_ _5\"/>ge, il ne pe<span class=\"_ _5\"/>ut</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">y avoir d<span class=\"_ _5\"/>e compe<span class=\"_ _5\"/>nsati<span class=\"_ _5\"/>on ent<span class=\"_ _5\"/>re une pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nne et un<span class=\"_ _5\"/>e autre<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices co<span class=\"_ _5\"/>mpre<span class=\"_ _5\"/>nnent le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s pass<span class=\"_ _5\"/>\u00e9s<span class=\"_ _5\"/>, et les g<span class=\"_ _5\"/>ains et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes as<span class=\"_ _5\"/>so<span class=\"_ _5\"/>ci\u00e9s au<span class=\"_ _5\"/>x r\u00e9du<span class=\"_ _5\"/>c-</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">tions et liquidations ponctu<span class=\"_ _5\"/>elles.</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9s r\u00e9<span class=\"_ _5\"/>sultan<span class=\"_ _5\"/>t de l\u2019amend<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>\u2019un plan ou, d<span class=\"_ _5\"/>\u2019une r\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion dev<span class=\"_ _5\"/>raie<span class=\"_ _5\"/>nt \u00eatre co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9s \u00e0 une date p<span class=\"_ _5\"/>lus pr\u00e9<span class=\"_ _5\"/>coce</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lor<span class=\"_ _5\"/>sque (1) le plan d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ame<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent ou la r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n a lieu ; et (2) l\u2019enti<span class=\"_ _5\"/>t\u00e9 recon<span class=\"_ _5\"/>na\u00eet le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s de re<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>turat<span class=\"_ _5\"/>ion en con<span class=\"_ _5\"/>form<span class=\"_ _5\"/>it\u00e9 avec I<span class=\"_ _5\"/>AS 37<span class=\"_ _d\"/>. Le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">co\u00fb<span class=\"_ _d\"/>ts des services<span class=\"_ _d\"/> pass\u00e9s son<span class=\"_ _d\"/>t co<span class=\"_ _d\"/>mptabi<span class=\"_ _d\"/>lis\u00e9s<span class=\"_ _d\"/> dans<span class=\"_ _d\"/> le c<span class=\"_ _d\"/>ompt<span class=\"_ _d\"/>e de<span class=\"_ _d\"/> r\u00e9sul<span class=\"_ _d\"/>tats.</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat n<span class=\"_ _5\"/>et es<span class=\"_ _5\"/>t calc<span class=\"_ _5\"/>ul\u00e9 en app<span class=\"_ _5\"/>liquant l<span class=\"_ _5\"/>e taux d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion au<span class=\"_ _5\"/>x pass<span class=\"_ _5\"/>ifs et a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs de<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages s<span class=\"_ _5\"/>ociau<span class=\"_ _5\"/>x d\u00e9f<span class=\"_ _5\"/>inis. L<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s d\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s sont</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">aussi comptabilis\u00e9s dans le c<span class=\"_ _d\"/>ompte de r\u00e9sultats<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les av<span class=\"_ _5\"/>oirs du p<span class=\"_ _5\"/>lan li\u00e9<span class=\"_ _5\"/>s aux avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s post<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>urs \u00e0 l\u2019emplo<span class=\"_ _5\"/>i sont \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur \u00e0 la f<span class=\"_ _5\"/>in de la p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>e, suiv<span class=\"_ _5\"/>ant la d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>tion \u00e9<span class=\"_ _5\"/>tabli<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans I<span class=\"_ _5\"/>FRS 13<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 72px; height: 845px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 72px; height: 1010px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 72px; height: 1010px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h7 ya5 ff7 fs3 fc2 sc0 ls0 ws4a\" style=\"z-index: 15;\">Les au<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s <span class=\"_ _d\"/>ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s \u00e0 <span class=\"_ _d\"/>lo<span class=\"_ _5\"/>ng term<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e sont \u00e9v<span class=\"_ _5\"/>alu\u00e9<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>nt une m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n ac<span class=\"_ _5\"/>tuari<span class=\"_ _5\"/>elle et de<span class=\"_ _5\"/>s prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>s sont con<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>tu\u00e9e<span class=\"_ _5\"/>s \u00e0 cet eff<span class=\"_ _5\"/>et</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(sou<span class=\"_ _5\"/>s d\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s du pla<span class=\"_ _5\"/>n<span class=\"_ _d\"/>) po<span class=\"_ _5\"/>ur aut<span class=\"_ _5\"/>ant que bp<span class=\"_ _5\"/>ost a<span class=\"_ _5\"/>it une obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de s\u2019expo<span class=\"_ _5\"/>ser au<span class=\"_ _5\"/>x co\u00fbt<span class=\"_ _5\"/>s en lien a<span class=\"_ _5\"/>vec ces av<span class=\"_ _5\"/>antage<span class=\"_ _5\"/>s. Ce<span class=\"_ _5\"/>tte o<span class=\"_ _5\"/>bliga<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n peut \u00ea<span class=\"_ _5\"/>tre l\u00e9g<span class=\"_ _5\"/>ale, con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle ou cons<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ive (\u201cdroi<span class=\"_ _5\"/>ts con<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s\u201d sur bas<span class=\"_ _5\"/>e de pr<span class=\"_ _5\"/>atique<span class=\"_ _5\"/>s du pas<span class=\"_ _5\"/>s\u00e9).</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pr<span class=\"_ _5\"/>ovisi<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>titu\u00e9<span class=\"_ _5\"/>e pour d<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s \u00e0 long ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur couv<span class=\"_ _5\"/>rir les av<span class=\"_ _5\"/>antag<span class=\"_ _5\"/>es qui ne s<span class=\"_ _5\"/>eron<span class=\"_ _5\"/>t pay\u00e9s qu<span class=\"_ _5\"/>e dans plus<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ann<span class=\"_ _5\"/>\u00e9es<span class=\"_ _5\"/>, mais qui s<span class=\"_ _5\"/>ont d\u00e9j<span class=\"_ _5\"/>\u00e0 m\u00e9ri<span class=\"_ _5\"/>t\u00e9s par l\u2019empl<span class=\"_ _5\"/>oy\u00e9 sur bas<span class=\"_ _5\"/>e de so<span class=\"_ _5\"/>n ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce rendu<span class=\"_ _5\"/>. Ici aus<span class=\"_ _5\"/>si, un<span class=\"_ _5\"/>e provi<span class=\"_ _5\"/>sion es<span class=\"_ _5\"/>t cal<span class=\"_ _5\"/>cul\u00e9e su<span class=\"_ _5\"/>ivant un<span class=\"_ _5\"/>e m\u00e9t<span class=\"_ _5\"/>hode</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle imp<span class=\"_ _5\"/>os\u00e9<span class=\"_ _5\"/>e par la no<span class=\"_ _5\"/>rme I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9.</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t calc<span class=\"_ _5\"/>ul\u00e9e comm<span class=\"_ _5\"/>e suit<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hd y8e2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Eval<span class=\"_ _5\"/>uatio<span class=\"_ _5\"/>n ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle d<span class=\"_ _5\"/>e l\u2019oblig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n sous I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9</div>\n<div class=\"t m0 x7 hd y8e3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2013  <span class=\"_ _45\"> </span>Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs d<span class=\"_ _5\"/>u plan</div>\n<div class=\"t m0 x7 hd y8e4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">= <span class=\"_ _8c\"> </span>Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n \u00e0 cons<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>uer (ou ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>f \u00e0 reco<span class=\"_ _5\"/>nna\u00ee<span class=\"_ _5\"/>tre si l<span class=\"_ _5\"/>a just<span class=\"_ _5\"/>e vale<span class=\"_ _5\"/>ur des av<span class=\"_ _5\"/>oirs d<span class=\"_ _5\"/>u plan e<span class=\"_ _5\"/>st su<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>e).</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>\u00e9\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>ns, en c<span class=\"_ _5\"/>e compr<span class=\"_ _5\"/>is les ga<span class=\"_ _5\"/>ins et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s, so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9es i<span class=\"_ _5\"/>mm\u00e9dia<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t en prof<span class=\"_ _5\"/>it ou e<span class=\"_ _5\"/>n per<span class=\"_ _5\"/>te dan<span class=\"_ _5\"/>s la p\u00e9r<span class=\"_ _5\"/>iode</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">m\u00eame.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>con<span class=\"_ _5\"/>cerna<span class=\"_ _5\"/>nt le tau<span class=\"_ _5\"/>x d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on, le ta<span class=\"_ _5\"/>ux de mo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>alit\u00e9, l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avanta<span class=\"_ _5\"/>ges fu<span class=\"_ _5\"/>turs<span class=\"_ _5\"/>, l\u2019inf<span class=\"_ _5\"/>latio<span class=\"_ _5\"/>n, etc<span class=\"_ _5\"/>.) sont</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s pour \u00e9<span class=\"_ _5\"/>value<span class=\"_ _5\"/>r les ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons li\u00e9<span class=\"_ _5\"/>es aux a<span class=\"_ _5\"/>vanta<span class=\"_ _5\"/>ges au pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>, confor<span class=\"_ _5\"/>m\u00e9m<span class=\"_ _5\"/>ent \u00e0 la no<span class=\"_ _5\"/>rme I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9. Des ga<span class=\"_ _5\"/>ins et pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s appa<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>nt in\u00e9v<span class=\"_ _5\"/>itab<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t, r\u00e9<span class=\"_ _5\"/>sultan<span class=\"_ _5\"/>t (<span class=\"_ _d\"/>1) des v<span class=\"_ _5\"/>ariat<span class=\"_ _5\"/>ions da<span class=\"_ _5\"/>ns les hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>uarie<span class=\"_ _5\"/>lles d\u2019un e<span class=\"_ _5\"/>xercice \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>utre, e<span class=\"_ _5\"/>t (2) des \u00e9<span class=\"_ _5\"/>car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s entre l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9e<span class=\"_ _5\"/>ls et l<span class=\"_ _5\"/>es hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses a<span class=\"_ _5\"/>ctua<span class=\"_ _5\"/>riell<span class=\"_ _5\"/>es util<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion IA<span class=\"_ _5\"/>S 19. Ce<span class=\"_ _5\"/>s gains e<span class=\"_ _5\"/>t per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>uarie<span class=\"_ _5\"/>ls s<span class=\"_ _5\"/>ont compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9s dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t dans le</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>te de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ca<span class=\"_ _5\"/>lcul de l\u2019oblig<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9 suiv<span class=\"_ _5\"/>ant la m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>de des un<span class=\"_ _5\"/>it\u00e9s de c<span class=\"_ _5\"/>r\u00e9dit p<span class=\"_ _5\"/>rojet\u00e9<span class=\"_ _5\"/>es<span class=\"_ _5\"/>. Chaqu<span class=\"_ _5\"/>e ann\u00e9e d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice conf\u00e8r<span class=\"_ _5\"/>e le droit \u00e0 u<span class=\"_ _5\"/>n cr\u00e9di<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">unit<span class=\"_ _5\"/>aire sup<span class=\"_ _5\"/>pl\u00e9me<span class=\"_ _5\"/>ntair<span class=\"_ _5\"/>e \u00e0 pren<span class=\"_ _5\"/>dre en con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n lors de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xerci<span class=\"_ _5\"/>ce d\u2019<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n des av<span class=\"_ _5\"/>antage<span class=\"_ _5\"/>s et ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons y aff\u00e9<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>. Le tau<span class=\"_ _5\"/>x d\u2019actu<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lis<span class=\"_ _5\"/>ation u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9 corre<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>d au ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt d\u2019<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons d\u2019entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses de h<span class=\"_ _5\"/>aute qual<span class=\"_ _5\"/>it\u00e9 ou sur ba<span class=\"_ _5\"/>se d\u2019oblig<span class=\"_ _5\"/>ations g<span class=\"_ _5\"/>ouver<span class=\"_ _5\"/>nem<span class=\"_ _5\"/>ental<span class=\"_ _5\"/>es avec u<span class=\"_ _5\"/>ne</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">matur<span class=\"_ _5\"/>it\u00e9 simi<span class=\"_ _5\"/>laire \u00e0 cell<span class=\"_ _5\"/>e de l\u2019avantag<span class=\"_ _5\"/>e en ques<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices co<span class=\"_ _5\"/>mpre<span class=\"_ _5\"/>nnent le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice pa<span class=\"_ _5\"/>ss\u00e9<span class=\"_ _5\"/>s, e<span class=\"_ _5\"/>t les gai<span class=\"_ _5\"/>ns et pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soci<span class=\"_ _5\"/>\u00e9s aux r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 lsd wsf\" style=\"z-index: 15;\">et liquidation<span class=\"_ _5\"/>s ponctu<span class=\"_ _5\"/>elles.</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9s r\u00e9<span class=\"_ _5\"/>sultan<span class=\"_ _5\"/>t de l\u2019amend<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>\u2019un plan ou, u<span class=\"_ _5\"/>ne r\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion dev<span class=\"_ _5\"/>raie<span class=\"_ _5\"/>nt \u00eatr<span class=\"_ _5\"/>e consid<span class=\"_ _5\"/>\u00e9r\u00e9e \u00e0 un<span class=\"_ _5\"/>e date plus p<span class=\"_ _5\"/>r\u00e9co<span class=\"_ _5\"/>ce</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lor<span class=\"_ _5\"/>sque (1) le plan d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ame<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent ou la r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n a lieu ; et (2) l\u2019enti<span class=\"_ _5\"/>t\u00e9 recon<span class=\"_ _5\"/>na\u00eet le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s de re<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>turat<span class=\"_ _5\"/>ion en con<span class=\"_ _5\"/>form<span class=\"_ _5\"/>it\u00e9 avec I<span class=\"_ _5\"/>AS 37<span class=\"_ _d\"/>. Le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">co\u00fb<span class=\"_ _d\"/>ts des services<span class=\"_ _d\"/> pass\u00e9s son<span class=\"_ _d\"/>t co<span class=\"_ _d\"/>mptabi<span class=\"_ _d\"/>lis\u00e9s<span class=\"_ _d\"/> dans<span class=\"_ _d\"/> le c<span class=\"_ _d\"/>ompt<span class=\"_ _d\"/>e de<span class=\"_ _d\"/> r\u00e9sul<span class=\"_ _d\"/>tats.</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat n<span class=\"_ _5\"/>et es<span class=\"_ _5\"/>t calc<span class=\"_ _5\"/>ul\u00e9 en app<span class=\"_ _5\"/>liquant l<span class=\"_ _5\"/>e taux d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion au<span class=\"_ _5\"/>x pass<span class=\"_ _5\"/>ifs et a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs de<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages s<span class=\"_ _5\"/>ociau<span class=\"_ _5\"/>x d\u00e9f<span class=\"_ _5\"/>inis. L<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s d\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s sont</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9s da<span class=\"_ _5\"/>ns le compte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s.</div>\n\n<div class=\"t m0 x5 h7 y55 ff7 fs3 fc2 sc0 ls35 ws9\" style=\"z-index: 15;\">Indemnit\u00e9s <span class=\"_ _d\"/>de c<span class=\"_ _d\"/>essation d\u2019<span class=\"_ _1\"/>emploi</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Lor<span class=\"_ _5\"/>sque b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t met f<span class=\"_ _5\"/>in au cont<span class=\"_ _5\"/>rat d\u2019un m<span class=\"_ _5\"/>embre d<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el avant l<span class=\"_ _5\"/>a date nor<span class=\"_ _5\"/>male de s<span class=\"_ _5\"/>a retr<span class=\"_ _5\"/>aite ou lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue l\u2019<span class=\"_ _d\"/>em<span class=\"_ _5\"/>ploy\u00e9 acce<span class=\"_ _5\"/>pte volont<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t de par<span class=\"_ _5\"/>tir e<span class=\"_ _5\"/>n contre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>avant<span class=\"_ _5\"/>ages<span class=\"_ _5\"/>, une pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>n est co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>itu\u00e9<span class=\"_ _5\"/>e dans la me<span class=\"_ _5\"/>sure o<span class=\"_ _5\"/>\u00f9 il exis<span class=\"_ _5\"/>te une o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion po<span class=\"_ _5\"/>ur bpos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 387px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 387px; height: 695px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y5a ff7 fs6 fc3 sc0 ls36 ws3e\" style=\"z-index: 15;\">Provisions</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pr<span class=\"_ _5\"/>ovisi<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e uniq<span class=\"_ _5\"/>ueme<span class=\"_ _5\"/>nt lors<span class=\"_ _5\"/>que:</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(1) <span class=\"_ _dc\"> </span>bpo<span class=\"_ _5\"/>st a une o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion l\u00e9g<span class=\"_ _5\"/>ale ou imp<span class=\"_ _5\"/>licite d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>r des d\u00e9<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>es en ve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tu d\u2019un \u00e9v\u00e9n<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t pass<span class=\"_ _5\"/>\u00e9 ;</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(2) <span class=\"_ _dc\"> </span>il es<span class=\"_ _5\"/>t prob<span class=\"_ _5\"/>able (pr<span class=\"_ _5\"/>obabil<span class=\"_ _5\"/>it\u00e9 \u00e9lev\u00e9<span class=\"_ _5\"/>e) que la d\u00e9<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>e de res<span class=\"_ _5\"/>so<span class=\"_ _5\"/>urces s<span class=\"_ _5\"/>era re<span class=\"_ _5\"/>quise p<span class=\"_ _5\"/>our r\u00e9<span class=\"_ _5\"/>gler l\u2019obliga<span class=\"_ _5\"/>tion ; e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(3) <span class=\"_ _dc\"> </span>le mon<span class=\"_ _5\"/>tant de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion pe<span class=\"_ _5\"/>ut \u00eatr<span class=\"_ _5\"/>e \u00e9valu<span class=\"_ _5\"/>\u00e9 de mani\u00e8<span class=\"_ _5\"/>re fi<span class=\"_ _5\"/>able.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>\u2019impac<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t susce<span class=\"_ _5\"/>ptibl<span class=\"_ _5\"/>e d\u2019\u00eatre si<span class=\"_ _5\"/>gnif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if (pour le<span class=\"_ _5\"/>s prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>s \u00e0 long ter<span class=\"_ _5\"/>me pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, la p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t \u00e9valu<span class=\"_ _5\"/>\u00e9e sur ba<span class=\"_ _5\"/>se ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s\u00e9<span class=\"_ _5\"/>e. L<span class=\"_ _3b\"/>\u2019augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de la p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on due \u00e0 l\u2019ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9e en c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>nci\u00e8r<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pr<span class=\"_ _5\"/>ovisi<span class=\"_ _5\"/>on pour a<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>ainis<span class=\"_ _5\"/>seme<span class=\"_ _5\"/>nt de site<span class=\"_ _5\"/>s pollu<span class=\"_ _5\"/>\u00e9s es<span class=\"_ _5\"/>t reco<span class=\"_ _5\"/>nnue si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est s<span class=\"_ _5\"/>oumis<span class=\"_ _5\"/>e \u00e0 une obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n en la mat<span class=\"_ _5\"/>i\u00e8re. L<span class=\"_ _5\"/>es prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>s pour</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">per<span class=\"_ _5\"/>tes<span class=\"_ _d\"/> op\u00e9rationnelles futu<span class=\"_ _d\"/>res sont i<span class=\"_ _d\"/>nterdit<span class=\"_ _d\"/>es.</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Si bp<span class=\"_ _5\"/>ost a un co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t on\u00e9re<span class=\"_ _5\"/>ux (bp<span class=\"_ _5\"/>ost d<span class=\"_ _5\"/>evra f<span class=\"_ _5\"/>aire f<span class=\"_ _5\"/>ace \u00e0 une pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te in\u00e9v<span class=\"_ _5\"/>itabl<span class=\"_ _5\"/>e qui d\u00e9co<span class=\"_ _5\"/>ule de se<span class=\"_ _5\"/>s enga<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>ts con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>ls), l\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bliga<span class=\"_ _5\"/>tion ac<span class=\"_ _5\"/>tua<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lis<span class=\"_ _5\"/>\u00e9e pr\u00e9<span class=\"_ _5\"/>vue dan<span class=\"_ _5\"/>s le contr<span class=\"_ _5\"/>at dev<span class=\"_ _5\"/>ra \u00eatr<span class=\"_ _5\"/>e compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e comm<span class=\"_ _5\"/>e prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pr<span class=\"_ _5\"/>ovisi<span class=\"_ _5\"/>on pour r<span class=\"_ _5\"/>est<span class=\"_ _5\"/>ruc<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st uni<span class=\"_ _5\"/>quem<span class=\"_ _5\"/>ent compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9e si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t d\u00e9mo<span class=\"_ _5\"/>ntre qu\u2019elle a un<span class=\"_ _5\"/>e obliga<span class=\"_ _5\"/>tion imp<span class=\"_ _5\"/>licite d<span class=\"_ _5\"/>e res<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>er au plu<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tar<span class=\"_ _5\"/>d \u00e0 la date de cl\u00f4<span class=\"_ _5\"/>ture. Ce<span class=\"_ _5\"/>tte o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion doi<span class=\"_ _5\"/>t \u00eatre d<span class=\"_ _5\"/>\u00e9mont<span class=\"_ _5\"/>r\u00e9e pa<span class=\"_ _5\"/>r: (a) l\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xis<span class=\"_ _5\"/>tence d\u2019un p<span class=\"_ _5\"/>lan for<span class=\"_ _5\"/>mel d\u00e9<span class=\"_ _5\"/>taill\u00e9 i<span class=\"_ _5\"/>denti<span class=\"_ _5\"/>fian<span class=\"_ _5\"/>t les pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>es car<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>t\u00e9-</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ris<span class=\"_ _5\"/>tiq<span class=\"_ _5\"/>ues de la r<span class=\"_ _5\"/>est<span class=\"_ _5\"/>ruc<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t (b) soit la m<span class=\"_ _5\"/>ise en \u0153<span class=\"_ _5\"/>uvre d<span class=\"_ _5\"/>e la res<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uctu<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on, soi<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>once de<span class=\"_ _5\"/>s prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>s car<span class=\"_ _5\"/>act\u00e9<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>tiqu<span class=\"_ _5\"/>es de cell<span class=\"_ _5\"/>e-<span class=\"_ _5\"/>ci au<span class=\"_ _5\"/>x</div>\n<div class=\"t m0 x5 h8 yb8 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">int<span class=\"_ _d\"/>\u00e9ress\u00e9s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 57px; height: 320px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 57px; height: 1025px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 57px; height: 1025px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts s<span class=\"_ _5\"/>ur le r\u00e9s<span class=\"_ _5\"/>ultat e<span class=\"_ _5\"/>t imp\u00f4t<span class=\"_ _5\"/>s dif<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>p\u00f4t sur le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at compr<span class=\"_ _5\"/>end l\u2019im<span class=\"_ _5\"/>p\u00f4t cour<span class=\"_ _5\"/>ant et l\u2019<span class=\"_ _5\"/>imp\u00f4t diff<span class=\"_ _5\"/>\u00e9r\u00e9. L<span class=\"_ _1\"/>\u2019imp<span class=\"_ _5\"/>\u00f4t cour<span class=\"_ _5\"/>ant es<span class=\"_ _5\"/>t le mont<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s \u00e0 payer (r\u00e9<span class=\"_ _5\"/>cup\u00e9r<span class=\"_ _5\"/>\u00e9) sur les r<span class=\"_ _5\"/>eve<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nus im<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>bles de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>nn\u00e9e \u00e9<span class=\"_ _5\"/>coul\u00e9<span class=\"_ _5\"/>e, ainsi q<span class=\"_ _5\"/>ue tout aju<span class=\"_ _5\"/>stem<span class=\"_ _5\"/>ent au<span class=\"_ _5\"/>x imp\u00f4t<span class=\"_ _5\"/>s pay\u00e9s (\u00e0 r\u00e9<span class=\"_ _5\"/>cup\u00e9<span class=\"_ _5\"/>rer) rel<span class=\"_ _5\"/>atif<span class=\"_ _5\"/>s aux ann<span class=\"_ _5\"/>\u00e9es an<span class=\"_ _5\"/>t\u00e9rie<span class=\"_ _5\"/>ures<span class=\"_ _5\"/>. Il es<span class=\"_ _5\"/>t calc<span class=\"_ _5\"/>ul\u00e9 en</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>isant le t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019impos<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>n vigue<span class=\"_ _5\"/>ur \u00e0 la date de c<span class=\"_ _5\"/>l\u00f4ture.</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s so<span class=\"_ _5\"/>nt calc<span class=\"_ _5\"/>ul\u00e9s sur b<span class=\"_ _5\"/>ase de la m<span class=\"_ _5\"/>\u00e9th<span class=\"_ _5\"/>ode du re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t va<span class=\"_ _5\"/>riabl<span class=\"_ _5\"/>e sur les di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>ces tem<span class=\"_ _5\"/>pora<span class=\"_ _5\"/>ires e<span class=\"_ _5\"/>ntre la v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e des</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s au bila<span class=\"_ _5\"/>n \u00e0 la date de cl\u00f4<span class=\"_ _5\"/>ture et le<span class=\"_ _5\"/>ur bas<span class=\"_ _5\"/>e taxa<span class=\"_ _5\"/>ble, en u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ant le ta<span class=\"_ _5\"/>ux de ta<span class=\"_ _5\"/>xatio<span class=\"_ _5\"/>n atte<span class=\"_ _5\"/>ndu lor<span class=\"_ _5\"/>s du re<span class=\"_ _5\"/>couvr<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif o<span class=\"_ _5\"/>u du r\u00e8gle<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t du pas<span class=\"_ _5\"/>sif. En pra<span class=\"_ _5\"/>tique, o<span class=\"_ _5\"/>n utili<span class=\"_ _5\"/>se le ta<span class=\"_ _5\"/>ux en vig<span class=\"_ _5\"/>ueur \u00e0 la da<span class=\"_ _5\"/>te de cl\u00f4tur<span class=\"_ _5\"/>e du bilan<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s ne s<span class=\"_ _5\"/>ont tou<span class=\"_ _5\"/>tefois p<span class=\"_ _5\"/>as compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s sur<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(1) <span class=\"_ _dc\"> </span>le goo<span class=\"_ _5\"/>dwill do<span class=\"_ _5\"/>nt l\u2019amor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent n\u2019est pa<span class=\"_ _5\"/>s d\u00e9du<span class=\"_ _5\"/>ctib<span class=\"_ _5\"/>le fi<span class=\"_ _5\"/>scal<span class=\"_ _5\"/>ement ;</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(2) <span class=\"_ _dc\"> </span>la comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on initi<span class=\"_ _5\"/>ale d\u2019act<span class=\"_ _5\"/>ifs et d<span class=\"_ _5\"/>e pass<span class=\"_ _5\"/>ifs (h<span class=\"_ _5\"/>ors ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _d\"/>), qui n\u2019affec<span class=\"_ _5\"/>te ni le b<span class=\"_ _5\"/>\u00e9n\u00e9f<span class=\"_ _5\"/>ice comp<span class=\"_ _5\"/>table n<span class=\"_ _5\"/>i le b\u00e9n<span class=\"_ _5\"/>\u00e9fi<span class=\"_ _5\"/>ce fis<span class=\"_ _5\"/>cal ; et</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(3) <span class=\"_ _dc\"> </span> <span class=\"_ _8\"/>les inv<span class=\"_ _5\"/>est<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts dan<span class=\"_ _5\"/>s les f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s, succ<span class=\"_ _5\"/>ursa<span class=\"_ _5\"/>les, e<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9es e<span class=\"_ _5\"/>t co \u2013 entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses t<span class=\"_ _5\"/>ant qu\u2019il n\u2019est p<span class=\"_ _5\"/>as prob<span class=\"_ _5\"/>able que d<span class=\"_ _5\"/>es div<span class=\"_ _5\"/>i-</div>\n<div class=\"t m0 x6 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">den<span class=\"_ _5\"/>des s<span class=\"_ _5\"/>eront di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibu\u00e9<span class=\"_ _5\"/>s dans un ave<span class=\"_ _5\"/>nir pr\u00e9<span class=\"_ _5\"/>visibl<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Un ac<span class=\"_ _5\"/>tif d\u2019<span class=\"_ _5\"/>imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s n\u2019est co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9 qu<span class=\"_ _5\"/>e lors<span class=\"_ _5\"/>qu\u2019il es<span class=\"_ _5\"/>t pro<span class=\"_ _5\"/>bable qu<span class=\"_ _5\"/>e des b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ices im<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>bles s<span class=\"_ _5\"/>eront d<span class=\"_ _5\"/>ispon<span class=\"_ _5\"/>ibles p<span class=\"_ _5\"/>our y imp<span class=\"_ _5\"/>uter les</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">diff\u00e9<span class=\"_ _5\"/>rence<span class=\"_ _5\"/>s temp<span class=\"_ _5\"/>orair<span class=\"_ _5\"/>es d\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ible<span class=\"_ _5\"/>s. Les m<span class=\"_ _5\"/>\u00eame<span class=\"_ _5\"/>s prin<span class=\"_ _5\"/>cipe<span class=\"_ _5\"/>s sont ap<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>a recon<span class=\"_ _5\"/>naiss<span class=\"_ _5\"/>ance d\u2019ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u2019imp\u00f4t<span class=\"_ _5\"/>s diff<span class=\"_ _5\"/>\u00e9r\u00e9s s<span class=\"_ _5\"/>ur les p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>les rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>s non ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es. C<span class=\"_ _5\"/>e crit\u00e8<span class=\"_ _5\"/>re es<span class=\"_ _5\"/>t r\u00e9\u00e9v<span class=\"_ _5\"/>alu\u00e9 \u00e0 ch<span class=\"_ _5\"/>aque date d<span class=\"_ _5\"/>e cl\u00f4ture<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s so<span class=\"_ _5\"/>nt calc<span class=\"_ _5\"/>ul\u00e9s au ni<span class=\"_ _5\"/>veau de ch<span class=\"_ _5\"/>aque en<span class=\"_ _5\"/>tit\u00e9 f<span class=\"_ _5\"/>isc<span class=\"_ _5\"/>ale. Le<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s et pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s relat<span class=\"_ _5\"/>ifs \u00e0 de<span class=\"_ _5\"/>s fil<span class=\"_ _5\"/>iales di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>tes</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>uvent n<span class=\"_ _5\"/>e pas \u00eat<span class=\"_ _5\"/>re pr\u00e9s<span class=\"_ _5\"/>ent\u00e9<span class=\"_ _5\"/>s sur bas<span class=\"_ _5\"/>e net<span class=\"_ _5\"/>te.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 747px; height: 335px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 747px; height: 335px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb ya ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons en devis<span class=\"_ _5\"/>es \u00e9tra<span class=\"_ _5\"/>ng\u00e8re<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s en dev<span class=\"_ _5\"/>ises \u00e9<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>ng\u00e8re<span class=\"_ _5\"/>s sont e<span class=\"_ _5\"/>nregis<span class=\"_ _5\"/>tr\u00e9<span class=\"_ _5\"/>es ini<span class=\"_ _5\"/>tialem<span class=\"_ _5\"/>ent dans l<span class=\"_ _5\"/>a monnai<span class=\"_ _5\"/>e fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nnelle d<span class=\"_ _5\"/>es ent<span class=\"_ _5\"/>it\u00e9s con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>\u00e9es<span class=\"_ _5\"/>, en util<span class=\"_ _5\"/>isant l<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tau<span class=\"_ _5\"/>x de chan<span class=\"_ _5\"/>ge en vig<span class=\"_ _5\"/>ueur au<span class=\"_ _5\"/>x dates de<span class=\"_ _5\"/>s tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns. Le<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s et prof<span class=\"_ _5\"/>it<span class=\"_ _5\"/>s r\u00e9ali<span class=\"_ _5\"/>s\u00e9s \u00e0 pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tir des t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>e change, a<span class=\"_ _5\"/>insi que le<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s et prof<span class=\"_ _5\"/>it<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">non r<span class=\"_ _5\"/>\u00e9alis\u00e9<span class=\"_ _5\"/>s \u00e0 par<span class=\"_ _5\"/>tir d<span class=\"_ _5\"/>es ta<span class=\"_ _5\"/>ux de chan<span class=\"_ _5\"/>ge sur les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs mon<span class=\"_ _5\"/>\u00e9ta<span class=\"_ _5\"/>ires \u00e0 la dat<span class=\"_ _5\"/>e du bilan s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9s da<span class=\"_ _5\"/>ns le compte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le<span class=\"_ _5\"/>s compte<span class=\"_ _5\"/>s cons<span class=\"_ _5\"/>olid\u00e9<span class=\"_ _5\"/>s, les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs d\u2019act<span class=\"_ _5\"/>ivit<span class=\"_ _5\"/>\u00e9s en mo<span class=\"_ _5\"/>nnaie \u00e9<span class=\"_ _5\"/>trang<span class=\"_ _5\"/>\u00e8re so<span class=\"_ _5\"/>nt conver<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>s en Euros a<span class=\"_ _5\"/>u taux d<span class=\"_ _5\"/>e change pr<span class=\"_ _5\"/>\u00e9vala<span class=\"_ _5\"/>nt \u00e0 la</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">date du r<span class=\"_ _5\"/>epor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ng et leur<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s so<span class=\"_ _5\"/>nt conver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>is au tau<span class=\"_ _5\"/>x pr\u00e9v<span class=\"_ _5\"/>alant \u00e0 la da<span class=\"_ _5\"/>te des tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>act<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>. Les di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>ces de ch<span class=\"_ _5\"/>ange suit<span class=\"_ _5\"/>e \u00e0</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ces co<span class=\"_ _5\"/>nvers<span class=\"_ _5\"/>ions so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e<span class=\"_ _5\"/>s dans l\u2019\u00e9tat de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al conso<span class=\"_ _5\"/>lid\u00e9. Lo<span class=\"_ _5\"/>rs de ce<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>on d\u2019act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s, la co<span class=\"_ _5\"/>mpos<span class=\"_ _5\"/>ante de l\u2019\u00e9tat</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9 ayant t<span class=\"_ _5\"/>rait \u00e0 ce<span class=\"_ _5\"/>tte a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9 \u00e0 l\u2019\u00e9tr<span class=\"_ _5\"/>anger pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iculi\u00e8<span class=\"_ _5\"/>re es<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dan<span class=\"_ _5\"/>s le compte de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 582px; height: 155px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y10 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Reconnaissanc<span class=\"_ _d\"/>e de re<span class=\"_ _d\"/>venus</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ti<span class=\"_ _5\"/>re ses r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s d\u2019une gamm<span class=\"_ _5\"/>e de se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices in<span class=\"_ _5\"/>cluant d<span class=\"_ _5\"/>es ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices nat<span class=\"_ _5\"/>ionau<span class=\"_ _5\"/>x et inte<span class=\"_ _5\"/>rnati<span class=\"_ _5\"/>onaux d<span class=\"_ _5\"/>e trai<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t du courr<span class=\"_ _5\"/>ier et d<span class=\"_ _5\"/>es paq<span class=\"_ _5\"/>uet<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la log<span class=\"_ _5\"/>isti<span class=\"_ _5\"/>que du e \u2013 com<span class=\"_ _5\"/>merce, l<span class=\"_ _5\"/>e back \u2013 off<span class=\"_ _5\"/>ice, le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de p<span class=\"_ _5\"/>roximi<span class=\"_ _5\"/>t\u00e9 et comm<span class=\"_ _5\"/>odit\u00e9. Ell<span class=\"_ _5\"/>e vend en o<span class=\"_ _5\"/>utre to<span class=\"_ _5\"/>ute une ga<span class=\"_ _5\"/>mme de pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ban<span class=\"_ _5\"/>caire<span class=\"_ _5\"/>s et f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>, pos<span class=\"_ _5\"/>taux e<span class=\"_ _5\"/>t de d\u00e9t<span class=\"_ _5\"/>ail. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t ass<span class=\"_ _5\"/>ume \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t des Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s d\u2019Int\u00e9<span class=\"_ _5\"/>r\u00eat Econ<span class=\"_ _5\"/>omique G<span class=\"_ _5\"/>\u00e9n\u00e9<span class=\"_ _5\"/>ral (SIEG) en ver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>u d'un contr<span class=\"_ _5\"/>at</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">conc<span class=\"_ _5\"/>lu avec l\u2019<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge. T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ut reve<span class=\"_ _5\"/>nu relat<span class=\"_ _5\"/>if aux ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>vit\u00e9s n<span class=\"_ _5\"/>orma<span class=\"_ _5\"/>les de bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>st co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9 co<span class=\"_ _5\"/>mme reve<span class=\"_ _5\"/>nu dans le<span class=\"_ _5\"/>s compte<span class=\"_ _5\"/>s de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ut autr<span class=\"_ _5\"/>e reven<span class=\"_ _5\"/>u est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9 co<span class=\"_ _5\"/>mme aut<span class=\"_ _5\"/>re reve<span class=\"_ _5\"/>nu d\u2019explo<span class=\"_ _5\"/>itati<span class=\"_ _5\"/>on (voir plu<span class=\"_ _5\"/>s loin dans u<span class=\"_ _5\"/>ne se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on dis<span class=\"_ _5\"/>tinc<span class=\"_ _5\"/>te).</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise le<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us g\u00e9n\u00e9<span class=\"_ _5\"/>r\u00e9s par l<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s avec le<span class=\"_ _5\"/>s client<span class=\"_ _5\"/>s lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>e contr\u00f4<span class=\"_ _5\"/>le des bi<span class=\"_ _5\"/>ens et s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>t tran<span class=\"_ _5\"/>sf\u00e9<span class=\"_ _5\"/>r\u00e9 au clie<span class=\"_ _5\"/>nt pour</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un mo<span class=\"_ _5\"/>ntant qu<span class=\"_ _5\"/>i ref<span class=\"_ _5\"/>l\u00e8te la cont<span class=\"_ _5\"/>repa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie \u00e0 laqu<span class=\"_ _5\"/>elle bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>e avoir dro<span class=\"_ _5\"/>it en \u00e9c<span class=\"_ _5\"/>hange de ce<span class=\"_ _5\"/>s bien<span class=\"_ _5\"/>s et ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices<span class=\"_ _5\"/>. La nat<span class=\"_ _5\"/>ure, le mo<span class=\"_ _5\"/>ntant<span class=\"_ _5\"/>, le</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cal<span class=\"_ _5\"/>endr<span class=\"_ _5\"/>ier<span class=\"_ _d\"/>, l'ince<span class=\"_ _5\"/>r<span class=\"_ _5\"/>titud<span class=\"_ _5\"/>e de la re<span class=\"_ _5\"/>connais<span class=\"_ _5\"/>san<span class=\"_ _5\"/>ce des re<span class=\"_ _5\"/>venus p<span class=\"_ _5\"/>rovenan<span class=\"_ _5\"/>t des cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s avec le<span class=\"_ _5\"/>s clien<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ont d\u00e9t<span class=\"_ _5\"/>aill\u00e9<span class=\"_ _5\"/>s ci \u2013 des<span class=\"_ _5\"/>sou<span class=\"_ _5\"/>s par cat\u00e9<span class=\"_ _5\"/>gorie d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">services.</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s revenu<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s notes pa<span class=\"_ _5\"/>r \u00e9l\u00e9m<span class=\"_ _5\"/>ent de la lig<span class=\"_ _5\"/>ne de pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s se co<span class=\"_ _5\"/>mpose d<span class=\"_ _5\"/>'une combin<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>u ty<span class=\"_ _5\"/>pe de se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice (comm<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>crit ci \u2013 d<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>ous), du ty<span class=\"_ _5\"/>pe de p<span class=\"_ _5\"/>roduit<span class=\"_ _5\"/>, des c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>s et de l<span class=\"_ _5\"/>a r\u00e9gio<span class=\"_ _5\"/>n g\u00e9ogr<span class=\"_ _5\"/>aphi<span class=\"_ _5\"/>que et ce<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us sont d<span class=\"_ _5\"/>\u00e9sag<span class=\"_ _5\"/>r\u00e9g\u00e9<span class=\"_ _5\"/>s confor<span class=\"_ _5\"/>m\u00e9me<span class=\"_ _5\"/>nt aux inf<span class=\"_ _5\"/>orma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns r\u00e9gu<span class=\"_ _5\"/>li\u00e8re<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>xamin\u00e9<span class=\"_ _5\"/>es par l<span class=\"_ _5\"/>e CODM.</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s de bpo<span class=\"_ _5\"/>st pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre div<span class=\"_ _5\"/>is\u00e9<span class=\"_ _5\"/>es en t<span class=\"_ _5\"/>rois f<span class=\"_ _5\"/>lux de re<span class=\"_ _5\"/>connai<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce de re<span class=\"_ _5\"/>venus di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>ts : (i) le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>i-</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">but<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>spor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>, (ii) les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ue et de t<span class=\"_ _5\"/>raite<span class=\"_ _5\"/>ment de<span class=\"_ _5\"/>s comma<span class=\"_ _5\"/>ndes e<span class=\"_ _5\"/>t (iii) les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de bac<span class=\"_ _5\"/>k \u2013 offi<span class=\"_ _5\"/>ce, de prox<span class=\"_ _5\"/>imit\u00e9 et d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">commodit\u00e9.</div>\n<div class=\"t m0 x6 h7 y61 ff7 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(i) <span class=\"_ _75\"> </span>Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>buti<span class=\"_ _5\"/>on et d<span class=\"_ _5\"/>e tra<span class=\"_ _5\"/>nspo<span class=\"_ _5\"/>rt</div>\n<div class=\"t m0 x5 h10 y63 ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -8px; z-index: 15;\">Ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces inclus da<span class=\"_ _5\"/>ns les \u00e9l\u00e9<span class=\"_ _5\"/>ments d<span class=\"_ _5\"/>es ligne<span class=\"_ _5\"/>s de produ<span class=\"_ _5\"/>its : T<span class=\"_ _d\"/>rans<span class=\"_ _5\"/>act<span class=\"_ _5\"/>ional ma<span class=\"_ _5\"/>il, Ad<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>tising m<span class=\"_ _5\"/>ail, Pre<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>, Parcels Bel<span class=\"_ _5\"/>gium, Cros<span class=\"_ _5\"/>s \u2013 Bord<span class=\"_ _5\"/>er (inbou<span class=\"_ _5\"/>nd et</div>\n<div class=\"t m0 x5 h10 y64 ff8 fs3 fc2 sc0 ls0 ws67\" style=\"word-spacing: -7px; z-index: 15;\">outb<span class=\"_ _5\"/>ound) et I<span class=\"_ _5\"/>nternat<span class=\"_ _5\"/>ional m<span class=\"_ _5\"/>ail.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te ca<span class=\"_ _5\"/>t\u00e9gor<span class=\"_ _5\"/>ie de se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices co<span class=\"_ _5\"/>nsis<span class=\"_ _5\"/>te en la fou<span class=\"_ _5\"/>rnitur<span class=\"_ _5\"/>e de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices na<span class=\"_ _5\"/>tionau<span class=\"_ _5\"/>x et inte<span class=\"_ _5\"/>rnati<span class=\"_ _5\"/>onaux da<span class=\"_ _5\"/>ns le dom<span class=\"_ _5\"/>aine du cour<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>r et de<span class=\"_ _5\"/>s paque<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>, en ce</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>ris l'enl\u00e8v<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>, le tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t, le tr<span class=\"_ _5\"/>i et la di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on de cour<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>r adre<span class=\"_ _5\"/>ss\u00e9 o<span class=\"_ _5\"/>u non adr<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>\u00e9, d'impr<span class=\"_ _5\"/>im\u00e9<span class=\"_ _5\"/>s, de jo<span class=\"_ _5\"/>urnau<span class=\"_ _5\"/>x ainsi qu<span class=\"_ _5\"/>e de paqu<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s sont com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s lors<span class=\"_ _5\"/>que l'oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion, la p<span class=\"_ _5\"/>rome<span class=\"_ _5\"/>sse d<span class=\"_ _5\"/>e livre<span class=\"_ _5\"/>r un bien (<span class=\"_ _5\"/>par exe<span class=\"_ _5\"/>mple let<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>, paque<span class=\"_ _5\"/>t\u2026) \u00e0 un des<span class=\"_ _5\"/>tina<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tai<span class=\"_ _5\"/>re ou \u00e0 un en<span class=\"_ _5\"/>droit e<span class=\"_ _5\"/>st sa<span class=\"_ _5\"/>tisf<span class=\"_ _5\"/>aite \u00e0 un mo<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>onn\u00e9. Il s'agi<span class=\"_ _5\"/>t en g\u00e9n\u00e9<span class=\"_ _5\"/>ral de l<span class=\"_ _5\"/>a livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n des mar<span class=\"_ _5\"/>chandi<span class=\"_ _5\"/>ses<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>id\u00e8re g\u00e9<span class=\"_ _5\"/>n\u00e9r<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qu'elle es<span class=\"_ _5\"/>t le pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>l pour le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on et de t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t, e<span class=\"_ _5\"/>xcept<span class=\"_ _5\"/>ion fa<span class=\"_ _5\"/>ite de la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on de jo<span class=\"_ _5\"/>urnau<span class=\"_ _5\"/>x et p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>iques p<span class=\"_ _5\"/>ar AMP a<span class=\"_ _5\"/>ux</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">marc<span class=\"_ _5\"/>hands d<span class=\"_ _5\"/>e journ<span class=\"_ _5\"/>aux, o<span class=\"_ _5\"/>\u00f9 elle inte<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vient co<span class=\"_ _5\"/>mme age<span class=\"_ _5\"/>nt.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 72px; height: 500px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 72px; height: 1010px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 72px; height: 1010px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La li<span class=\"_ _5\"/>vra<span class=\"_ _5\"/>ison d<span class=\"_ _5\"/>es jour<span class=\"_ _5\"/>naux e<span class=\"_ _5\"/>t p\u00e9r<span class=\"_ _5\"/>iodiqu<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>ut se f<span class=\"_ _5\"/>aire de de<span class=\"_ _5\"/>ux mani<span class=\"_ _5\"/>\u00e8res di<span class=\"_ _5\"/>ff\u00e9re<span class=\"_ _5\"/>ntes :</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prem<span class=\"_ _5\"/>i\u00e8rem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t livr<span class=\"_ _5\"/>e direc<span class=\"_ _5\"/>teme<span class=\"_ _5\"/>nt aux m<span class=\"_ _5\"/>\u00e9nage<span class=\"_ _5\"/>s et aux e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es (\"util<span class=\"_ _5\"/>isate<span class=\"_ _5\"/>urs\") les j<span class=\"_ _5\"/>ourna<span class=\"_ _5\"/>ux et le<span class=\"_ _5\"/>s p\u00e9r<span class=\"_ _5\"/>iodiq<span class=\"_ _5\"/>ues au<span class=\"_ _5\"/>xquel<span class=\"_ _5\"/>s ils s<span class=\"_ _5\"/>ont</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">abo<span class=\"_ _5\"/>nn\u00e9s (p<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>ent\u00e9s da<span class=\"_ _5\"/>ns la lign<span class=\"_ _5\"/>e de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s \"Pres<span class=\"_ _5\"/>s\"). Dans ce c<span class=\"_ _5\"/>as, b<span class=\"_ _5\"/>post e<span class=\"_ _5\"/>st un p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipal car e<span class=\"_ _5\"/>lle es<span class=\"_ _5\"/>t le pre<span class=\"_ _5\"/>mier ob<span class=\"_ _5\"/>lig\u00e9 de liv<span class=\"_ _5\"/>rer le<span class=\"_ _5\"/>s journ<span class=\"_ _5\"/>aux</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>dique<span class=\"_ _5\"/>s direc<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent aux u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ateur<span class=\"_ _5\"/>s et es<span class=\"_ _5\"/>t r\u00e9mun<span class=\"_ _5\"/>\u00e9r\u00e9<span class=\"_ _5\"/>e par les s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9s d'\u00e9dit<span class=\"_ _5\"/>ion et l'\u00c9t<span class=\"_ _5\"/>at belge (<span class=\"_ _5\"/>\"<span class=\"_ _d\"/>clie<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s\"). Les r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s re\u00e7ue<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9s d'\u00e9dit<span class=\"_ _5\"/>ion po<span class=\"_ _5\"/>ur la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on son<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>es sur le vo<span class=\"_ _5\"/>lume tr<span class=\"_ _5\"/>ait\u00e9. L<span class=\"_ _5\"/>a r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion re<span class=\"_ _5\"/>\u00e7ue du con<span class=\"_ _5\"/>trat ave<span class=\"_ _5\"/>c l'\u00c9tat b<span class=\"_ _5\"/>elge (clas<span class=\"_ _5\"/>s\u00e9 SIEG) es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie ent<span class=\"_ _5\"/>re un mon<span class=\"_ _5\"/>tant fo<span class=\"_ _5\"/>rf<span class=\"_ _5\"/>aita<span class=\"_ _5\"/>ire reco<span class=\"_ _5\"/>nnu dans l<span class=\"_ _5\"/>e temps (r\u00e9p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ti de man<span class=\"_ _5\"/>i\u00e8re \u00e9g<span class=\"_ _5\"/>ale sur le<span class=\"_ _5\"/>s quatre t<span class=\"_ _5\"/>rime<span class=\"_ _5\"/>st<span class=\"_ _5\"/>res) et une r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on var<span class=\"_ _5\"/>iable</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bas<span class=\"_ _5\"/>\u00e9e sur le<span class=\"_ _5\"/>s volum<span class=\"_ _5\"/>es dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>u\u00e9s<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te r\u00e9mu<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>tion de l'<span class=\"_ _5\"/>\u00c9<span class=\"_ _d\"/>t<span class=\"_ _5\"/>at belge f<span class=\"_ _5\"/>ait l'obje<span class=\"_ _5\"/>t d'un calcul e<span class=\"_ _5\"/>x \u2013 pos<span class=\"_ _5\"/>t bas<span class=\"_ _5\"/>\u00e9 sur l'\u00e9volut<span class=\"_ _5\"/>ion de la ba<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>uxi\u00e8m<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt, bp<span class=\"_ _5\"/>ost (p<span class=\"_ _5\"/>ar l'inter<span class=\"_ _5\"/>m\u00e9diai<span class=\"_ _5\"/>re de sa f<span class=\"_ _5\"/>iliale p<span class=\"_ _5\"/>oss<span class=\"_ _5\"/>\u00e9d\u00e9<span class=\"_ _5\"/>e \u00e0 100 % A<span class=\"_ _5\"/>MP et Ald<span class=\"_ _5\"/>ipres<span class=\"_ _5\"/>s) livre ce<span class=\"_ _5\"/>s jour<span class=\"_ _5\"/>naux e<span class=\"_ _5\"/>t p\u00e9r<span class=\"_ _5\"/>iodiqu<span class=\"_ _5\"/>es en k<span class=\"_ _5\"/>iosqu<span class=\"_ _5\"/>e (sous</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la d\u00e9<span class=\"_ _5\"/>nominat<span class=\"_ _5\"/>ion de la l<span class=\"_ _5\"/>igne de p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts \"Pr<span class=\"_ _5\"/>ess\"). Da<span class=\"_ _5\"/>ns cet<span class=\"_ _5\"/>te situat<span class=\"_ _5\"/>ion, A<span class=\"_ _5\"/>MP et A<span class=\"_ _5\"/>ldipre<span class=\"_ _5\"/>ss agi<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>nt en ta<span class=\"_ _5\"/>nt qu'agent<span class=\"_ _5\"/>s pour le co<span class=\"_ _5\"/>mpte de la s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yb0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">t\u00e9 d'\u00e9dit<span class=\"_ _5\"/>ion (\"clien<span class=\"_ _5\"/>t\") et s<span class=\"_ _5\"/>ont r\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>\u00e9s sur la ba<span class=\"_ _5\"/>se du no<span class=\"_ _5\"/>mbre de v<span class=\"_ _5\"/>olume<span class=\"_ _5\"/>s livr\u00e9<span class=\"_ _5\"/>s et d'une co<span class=\"_ _5\"/>mmiss<span class=\"_ _5\"/>ion sur le p<span class=\"_ _5\"/>rix de d<span class=\"_ _5\"/>\u00e9ta<span class=\"_ _5\"/>il.</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>aines a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s du fl<span class=\"_ _5\"/>ux de rev<span class=\"_ _5\"/>enus is<span class=\"_ _5\"/>sus de la d<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>u tran<span class=\"_ _5\"/>spor<span class=\"_ _5\"/>t (pa<span class=\"_ _5\"/>r exem<span class=\"_ _5\"/>ple T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ional mai<span class=\"_ _5\"/>l, Cros<span class=\"_ _5\"/>s \u2013 Bor<span class=\"_ _5\"/>der,\u2026) sont con<span class=\"_ _5\"/>si-</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9r<span class=\"_ _5\"/>\u00e9es co<span class=\"_ _5\"/>mme se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>l univer<span class=\"_ _5\"/>sel te<span class=\"_ _5\"/>l que d\u00e9f<span class=\"_ _5\"/>ini da<span class=\"_ _5\"/>ns la loi p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>ale belg<span class=\"_ _5\"/>e. bpos<span class=\"_ _5\"/>t as<span class=\"_ _5\"/>sure le s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>al unive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>l en Be<span class=\"_ _5\"/>lgique s<span class=\"_ _5\"/>ur la bas<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 yb4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'un Cont<span class=\"_ _5\"/>rat de G<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tion con<span class=\"_ _5\"/>clu avec l'<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge. Cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ains se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux f<span class=\"_ _5\"/>aisant p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie du s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>al unive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>l et \u00e9t<span class=\"_ _5\"/>ant g\u00e9n<span class=\"_ _5\"/>\u00e9rale<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>ar des pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ticuli<span class=\"_ _5\"/>ers et d<span class=\"_ _5\"/>es PME (r\u00e9p<span class=\"_ _5\"/>ut\u00e9s fo<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>r conjoint<span class=\"_ _5\"/>ement l<span class=\"_ _5\"/>e \u201cpanier d<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>s utilis<span class=\"_ _5\"/>ateur<span class=\"_ _5\"/>s\u201d<span class=\"_ _1\"/>, c<span class=\"_ _5\"/>i \u2013 apr\u00e8<span class=\"_ _5\"/>s \u201cPPU\u201d) so<span class=\"_ _5\"/>nt soum<span class=\"_ _5\"/>is \u00e0 un</div>\n<div class=\"t m0 x5 h8 y203 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">plaf<span class=\"_ _5\"/>onnem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x, comm<span class=\"_ _5\"/>e le pr\u00e9vo<span class=\"_ _5\"/>it la loi po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>le. Chaq<span class=\"_ _5\"/>ue ann\u00e9<span class=\"_ _5\"/>e, bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>oumet s<span class=\"_ _5\"/>a prop<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on d'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on de pr<span class=\"_ _5\"/>ix po<span class=\"_ _5\"/>ur les se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices</div>\n<div class=\"t m0 x5 h8 y204 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fai<span class=\"_ _5\"/>sant pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie du PPU \u00e0 l'autor<span class=\"_ _5\"/>it\u00e9 de r\u00e9<span class=\"_ _5\"/>gulat<span class=\"_ _5\"/>ion pos<span class=\"_ _5\"/>tal<span class=\"_ _5\"/>e belge (IB<span class=\"_ _5\"/>PT) p<span class=\"_ _5\"/>our ap<span class=\"_ _5\"/>probat<span class=\"_ _5\"/>ion pr\u00e9<span class=\"_ _5\"/>alable<span class=\"_ _5\"/>, l'IBPT d<span class=\"_ _5\"/>evant a<span class=\"_ _5\"/>ccepte<span class=\"_ _5\"/>r l'<span class=\"_ _d\"/>aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y205 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr<span class=\"_ _5\"/>ix si le pla<span class=\"_ _5\"/>fond t<span class=\"_ _5\"/>arif<span class=\"_ _5\"/>aire es<span class=\"_ _5\"/>t res<span class=\"_ _5\"/>pec<span class=\"_ _5\"/>t\u00e9. De m<span class=\"_ _5\"/>ani\u00e8re p<span class=\"_ _5\"/>lus g\u00e9n<span class=\"_ _5\"/>\u00e9rale<span class=\"_ _5\"/>, tous le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces pos<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x relev<span class=\"_ _5\"/>ant du s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>al unive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>l sont s<span class=\"_ _5\"/>oumis</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 une s<span class=\"_ _5\"/>\u00e9rie d'ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons en te<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s de qualit<span class=\"_ _5\"/>\u00e9 (<span class=\"_ _d\"/>comm<span class=\"_ _5\"/>e la fr\u00e9<span class=\"_ _5\"/>quen<span class=\"_ _5\"/>ce, la couve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ture g\u00e9<span class=\"_ _5\"/>ograp<span class=\"_ _5\"/>hique e<span class=\"_ _5\"/>t la conti<span class=\"_ _5\"/>nuit\u00e9) et d<span class=\"_ _5\"/>e prix (tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>aren<span class=\"_ _5\"/>ce,</div>\n<div class=\"t m0 x5 h8 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">unifo<span class=\"_ _5\"/>rmit\u00e9<span class=\"_ _5\"/>, cara<span class=\"_ _5\"/>ct\u00e8<span class=\"_ _5\"/>re abo<span class=\"_ _5\"/>rdable, n<span class=\"_ _5\"/>on \u2013 dis<span class=\"_ _5\"/>crimin<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t orie<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion des co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s<span class=\"_ _d\"/>). Pour le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux non u<span class=\"_ _5\"/>niver<span class=\"_ _5\"/>sel<span class=\"_ _5\"/>s et les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces non</div>\n<div class=\"t m0 x5 h8 y208 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9f<span class=\"_ _5\"/>inis co<span class=\"_ _5\"/>mme de<span class=\"_ _5\"/>s envois p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t prop<span class=\"_ _5\"/>ose de<span class=\"_ _5\"/>s condi<span class=\"_ _5\"/>tions g\u00e9<span class=\"_ _5\"/>n\u00e9r<span class=\"_ _5\"/>ales de v<span class=\"_ _5\"/>ente po<span class=\"_ _5\"/>ur les pe<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>s clien<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t des cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>es plus g<span class=\"_ _5\"/>ros</div>\n<div class=\"t m0 x5 h8 y209 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clie<span class=\"_ _5\"/>nts av<span class=\"_ _5\"/>ec des t<span class=\"_ _5\"/>arif<span class=\"_ _5\"/>s et re<span class=\"_ _5\"/>mise<span class=\"_ _5\"/>s bas\u00e9<span class=\"_ _5\"/>s sur le vol<span class=\"_ _5\"/>ume. Le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats ave<span class=\"_ _5\"/>c les cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s, qui p<span class=\"_ _5\"/>r\u00e9voi<span class=\"_ _5\"/>ent des r<span class=\"_ _5\"/>emis<span class=\"_ _5\"/>es, s<span class=\"_ _5\"/>urchar<span class=\"_ _5\"/>ges et p<span class=\"_ _5\"/>\u00e9nalit\u00e9<span class=\"_ _5\"/>s (volume</div>\n<div class=\"t m0 x5 h8 y20a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ou qua<span class=\"_ _5\"/>lit\u00e9) donn<span class=\"_ _5\"/>ant lieu \u00e0 u<span class=\"_ _5\"/>ne contr<span class=\"_ _5\"/>epar<span class=\"_ _5\"/>tie v<span class=\"_ _5\"/>aria<span class=\"_ _5\"/>ble, so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s me<span class=\"_ _5\"/>nsuel<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t et la mei<span class=\"_ _5\"/>lleure e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>enco<span class=\"_ _5\"/>urs e<span class=\"_ _5\"/>st ref<span class=\"_ _5\"/>l\u00e9t<span class=\"_ _5\"/>\u00e9e</div>\n<div class=\"t m0 x5 h8 y20b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le b<span class=\"_ _5\"/>ilan con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9, sur bas<span class=\"_ _5\"/>e du pr<span class=\"_ _5\"/>incipe d<span class=\"_ _5\"/>e la vale<span class=\"_ _5\"/>ur atte<span class=\"_ _5\"/>ndue<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y3cf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st re<span class=\"_ _5\"/>\u00e7oit une co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie po<span class=\"_ _5\"/>ur les ti<span class=\"_ _5\"/>mbre<span class=\"_ _5\"/>s et les ma<span class=\"_ _5\"/>chine<span class=\"_ _5\"/>s \u00e0 affr<span class=\"_ _5\"/>anchir, pour le<span class=\"_ _5\"/>sque<span class=\"_ _5\"/>ls l'oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion n'a pas enco<span class=\"_ _5\"/>re \u00e9t\u00e9 sa<span class=\"_ _5\"/>tis-</div>\n<div class=\"t m0 x5 h8 y3d0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fai<span class=\"_ _5\"/>te. Elle es<span class=\"_ _5\"/>t enre<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tr\u00e9e e<span class=\"_ _5\"/>n tant qu<span class=\"_ _5\"/>e prod<span class=\"_ _5\"/>uit<span class=\"_ _5\"/>s diff\u00e9r\u00e9<span class=\"_ _5\"/>s et pr<span class=\"_ _5\"/>\u00e9sen<span class=\"_ _5\"/>t\u00e9e comm<span class=\"_ _5\"/>e un pas<span class=\"_ _5\"/>sif de cont<span class=\"_ _5\"/>rat ju<span class=\"_ _5\"/>squ'\u00e0 la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ive de la le<span class=\"_ _5\"/>tt<span class=\"_ _5\"/>re ou</div>\n<div class=\"t m0 x5 h8 y784 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du pa<span class=\"_ _5\"/>quet (natio<span class=\"_ _5\"/>nal(e) ou inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>nal(e)<span class=\"_ _d\"/>). Les re<span class=\"_ _5\"/>venus r<span class=\"_ _5\"/>elati<span class=\"_ _5\"/>fs \u00e0 l\u2019act<span class=\"_ _5\"/>ivit\u00e9 t<span class=\"_ _5\"/>imbre<span class=\"_ _5\"/>s et mac<span class=\"_ _5\"/>hines \u00e0 a<span class=\"_ _5\"/>ffran<span class=\"_ _5\"/>chir so<span class=\"_ _5\"/>nt uniqu<span class=\"_ _5\"/>ement co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y785 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>e reven<span class=\"_ _5\"/>us es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>s au mome<span class=\"_ _5\"/>nt o\u00f9 le bi<span class=\"_ _5\"/>en es<span class=\"_ _5\"/>t livr\u00e9<span class=\"_ _5\"/>. Par cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nt, b<span class=\"_ _5\"/>post a m<span class=\"_ _5\"/>is en pla<span class=\"_ _5\"/>ce un mod<span class=\"_ _5\"/>\u00e8le de re<span class=\"_ _5\"/>connai<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce des r<span class=\"_ _5\"/>evenus p<span class=\"_ _5\"/>our</div>\n<div class=\"t m0 x5 h8 y8e5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>ser le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t pr\u00e9v<span class=\"_ _5\"/>u en reve<span class=\"_ _5\"/>nus, s<span class=\"_ _5\"/>ur la bas<span class=\"_ _5\"/>e de l\u2019his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ue. Les t<span class=\"_ _5\"/>imbre<span class=\"_ _5\"/>s qui ne s<span class=\"_ _5\"/>ont pas u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s apr\u00e8<span class=\"_ _5\"/>s une p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>de donn<span class=\"_ _5\"/>\u00e9e so<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y8e6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>ait\u00e9s e<span class=\"_ _5\"/>n tant qu<span class=\"_ _5\"/>e vente d'un bie<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y8e7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pr<span class=\"_ _5\"/>oduit de l'i<span class=\"_ _5\"/>nboun<span class=\"_ _5\"/>d (Cross \u2013 B<span class=\"_ _5\"/>orde<span class=\"_ _5\"/>r), un ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce prop<span class=\"_ _5\"/>os\u00e9 \u00e0 un au<span class=\"_ _5\"/>tre op<span class=\"_ _5\"/>\u00e9rate<span class=\"_ _5\"/>ur pos<span class=\"_ _5\"/>tal p<span class=\"_ _5\"/>our dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uer du cou<span class=\"_ _5\"/>rri<span class=\"_ _5\"/>er et de<span class=\"_ _5\"/>s paque<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y8e8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Be<span class=\"_ _5\"/>lgique<span class=\"_ _5\"/>, est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9 co<span class=\"_ _5\"/>mme un re<span class=\"_ _5\"/>venu e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>\u00e9 au mom<span class=\"_ _5\"/>ent o\u00f9 le s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice e<span class=\"_ _5\"/>st e<span class=\"_ _5\"/>x\u00e9cut\u00e9<span class=\"_ _5\"/>. La cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie \u00e0 laque<span class=\"_ _5\"/>lle bpo<span class=\"_ _5\"/>st a dro<span class=\"_ _5\"/>it es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y8e9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u00e9g<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e ult\u00e9ri<span class=\"_ _5\"/>eurem<span class=\"_ _5\"/>ent et co<span class=\"_ _5\"/>nvenue \u00e0 t<span class=\"_ _5\"/>itre d\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>itif ave<span class=\"_ _5\"/>c le client (aut<span class=\"_ _5\"/>re op\u00e9<span class=\"_ _5\"/>rate<span class=\"_ _5\"/>ur pos<span class=\"_ _5\"/>tal). En ra<span class=\"_ _5\"/>ison d<span class=\"_ _5\"/>e ce proce<span class=\"_ _5\"/>ssu<span class=\"_ _5\"/>s, le mon<span class=\"_ _5\"/>tant du p<span class=\"_ _5\"/>rix de</div>\n<div class=\"t m0 x5 h8 y8ea ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on var<span class=\"_ _5\"/>ie et bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>e le mont<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us en re<span class=\"_ _5\"/>couran<span class=\"_ _5\"/>t \u00e0 la m\u00e9t<span class=\"_ _5\"/>hode d<span class=\"_ _5\"/>e la vale<span class=\"_ _5\"/>ur atte<span class=\"_ _5\"/>ndue, s<span class=\"_ _5\"/>ur la bas<span class=\"_ _5\"/>e de l\u2019his<span class=\"_ _5\"/>tori<span class=\"_ _5\"/>que. \u00c0 la</div>\n<div class=\"t m0 x5 h8 y8eb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">date de c<span class=\"_ _5\"/>l\u00f4ture du b<span class=\"_ _5\"/>ilan, la m<span class=\"_ _5\"/>eilleur<span class=\"_ _5\"/>e est<span class=\"_ _5\"/>imati<span class=\"_ _5\"/>on de l'encour<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>t ref<span class=\"_ _5\"/>l\u00e9t\u00e9<span class=\"_ _5\"/>e dans le bil<span class=\"_ _5\"/>an conso<span class=\"_ _5\"/>lid\u00e9. T<span class=\"_ _d\"/>ou<span class=\"_ _5\"/>tefois<span class=\"_ _5\"/>, les r\u00e8<span class=\"_ _5\"/>glem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>initif<span class=\"_ _5\"/>s rep<span class=\"_ _5\"/>osant</div>\n<div class=\"t m0 x5 h8 y8ec ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>tes hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses (p<span class=\"_ _5\"/>armi le<span class=\"_ _5\"/>sque<span class=\"_ _5\"/>lles le<span class=\"_ _5\"/>s \u201cart<span class=\"_ _5\"/>icle<span class=\"_ _5\"/>s par kilo\u201d e<span class=\"_ _5\"/>t le pri<span class=\"_ _5\"/>x de tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n<span class=\"_ _d\"/>), les r\u00e8<span class=\"_ _5\"/>glem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>initif<span class=\"_ _5\"/>s peu<span class=\"_ _5\"/>vent s'\u00e9ca<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ter de</div>\n<div class=\"t m0 x5 h8 y8ed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'\u00e9valuat<span class=\"_ _5\"/>ion init<span class=\"_ _5\"/>iale. L<span class=\"_ _1\"/>'encou<span class=\"_ _5\"/>rs ne<span class=\"_ _5\"/>t des f<span class=\"_ _5\"/>lux so<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s et ent<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>s par o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ateur po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>l est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9 co<span class=\"_ _5\"/>mme cr\u00e9<span class=\"_ _5\"/>ance ou de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>. Le pro<span class=\"_ _5\"/>cess<span class=\"_ _5\"/>us</div>\n<div class=\"t m0 x5 h8 y8ee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">app<span class=\"_ _5\"/>liqu\u00e9 pa<span class=\"_ _5\"/>r bpos<span class=\"_ _5\"/>t gar<span class=\"_ _5\"/>antit le r<span class=\"_ _5\"/>espe<span class=\"_ _5\"/>ct d<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rainte<span class=\"_ _5\"/>s de la no<span class=\"_ _5\"/>rme IF<span class=\"_ _5\"/>RS 15 r<span class=\"_ _5\"/>elati<span class=\"_ _5\"/>ves aux co<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s varia<span class=\"_ _5\"/>bles<span class=\"_ _5\"/>, c'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire q<span class=\"_ _5\"/>ue bpos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y8ef ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>se les co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ties v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>les po<span class=\"_ _5\"/>ur les<span class=\"_ _5\"/>quelle<span class=\"_ _5\"/>s il es<span class=\"_ _5\"/>t hautem<span class=\"_ _5\"/>ent pr<span class=\"_ _5\"/>obable q<span class=\"_ _5\"/>u'<span class=\"_ _d\"/>aucu<span class=\"_ _5\"/>n reven<span class=\"_ _5\"/>u signif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if ne se<span class=\"_ _5\"/>ra ann<span class=\"_ _5\"/>ul\u00e9 une foi<span class=\"_ _5\"/>s les</div>\n<div class=\"t m0 x5 h8 y8f0 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">incertitudes lev\u00e9es.</div>\n<div class=\"t m0 x6 h7 y8f1 ff7 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(ii) <span class=\"_ _70\"> </span>Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e logi<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>que et d<span class=\"_ _5\"/>e ful<span class=\"_ _5\"/>film<span class=\"_ _5\"/>ent</div>\n<div class=\"t m0 x5 h10 y8f2 ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -8px; z-index: 15;\">Ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces inclus da<span class=\"_ _5\"/>ns les \u00e9l\u00e9<span class=\"_ _5\"/>ments d<span class=\"_ _5\"/>es ligne<span class=\"_ _5\"/>s de produ<span class=\"_ _5\"/>its : E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s E<span class=\"_ _d\"/>uras<span class=\"_ _5\"/>ia and E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tics N<span class=\"_ _5\"/>ort<span class=\"_ _5\"/>h Ame<span class=\"_ _5\"/>rica (fulfilm<span class=\"_ _5\"/>ent et logi<span class=\"_ _5\"/>stique) et Cro<span class=\"_ _5\"/>ss \u2013</div>\n<div class=\"t m0 x5 h9 y8f3 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bord<span class=\"_ _5\"/>er (droits d<span class=\"_ _5\"/>e douane)</div>\n<div class=\"t m0 x5 h8 y8f4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te ca<span class=\"_ _5\"/>t\u00e9gor<span class=\"_ _5\"/>ie de se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>d le fulf<span class=\"_ _5\"/>ilme<span class=\"_ _5\"/>nt de l\u2019e \u2013 commerc<span class=\"_ _5\"/>e, en ce comp<span class=\"_ _5\"/>ris l'entr<span class=\"_ _5\"/>epos<span class=\"_ _5\"/>age et la ma<span class=\"_ _5\"/>nutent<span class=\"_ _5\"/>ion de ma<span class=\"_ _5\"/>rchan<span class=\"_ _5\"/>dise<span class=\"_ _5\"/>s, la lo<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y8f5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gis<span class=\"_ _5\"/>tiqu<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>-co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ce, ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de r<span class=\"_ _5\"/>\u00e9para<span class=\"_ _5\"/>tion in<span class=\"_ _5\"/>clus, e<span class=\"_ _5\"/>t les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s tran<span class=\"_ _5\"/>sfr<span class=\"_ _5\"/>ontali<span class=\"_ _5\"/>ers d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e \u2013 co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ce, y compr<span class=\"_ _5\"/>is le se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice de d\u00e9<span class=\"_ _5\"/>doua<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt.</div>\n<div class=\"t m0 x5 h8 y8f6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ues et d<span class=\"_ _5\"/>e fulf<span class=\"_ _5\"/>ilmen<span class=\"_ _5\"/>t impliqu<span class=\"_ _5\"/>ent le<span class=\"_ _5\"/>s obliga<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ions sui<span class=\"_ _5\"/>vante<span class=\"_ _5\"/>s : r\u00e9ce<span class=\"_ _5\"/>ption<span class=\"_ _5\"/>, entre<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>age, enl\u00e8<span class=\"_ _5\"/>veme<span class=\"_ _5\"/>nt et emb<span class=\"_ _5\"/>al-</div>\n<div class=\"t m0 x5 h8 y8f7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lage, r<span class=\"_ _5\"/>etour, r\u00e9par<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n et d\u00e9d<span class=\"_ _5\"/>ouane<span class=\"_ _5\"/>ment de<span class=\"_ _5\"/>s march<span class=\"_ _5\"/>andis<span class=\"_ _5\"/>es. L<span class=\"_ _5\"/>es reve<span class=\"_ _5\"/>nus so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s lor<span class=\"_ _5\"/>squ<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de pre<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>, la prom<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8f8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de fo<span class=\"_ _5\"/>urnir un s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice a<span class=\"_ _5\"/>u client<span class=\"_ _5\"/>, es<span class=\"_ _5\"/>t sati<span class=\"_ _5\"/>sfa<span class=\"_ _5\"/>ite \u00e0 un mom<span class=\"_ _5\"/>ent don<span class=\"_ _5\"/>n\u00e9 (par e<span class=\"_ _5\"/>xemple lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue le pick &amp; p<span class=\"_ _5\"/>ack a eu li<span class=\"_ _5\"/>eu) ou en ca<span class=\"_ _5\"/>s de sto<span class=\"_ _5\"/>ckage d<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 y8f9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">marc<span class=\"_ _5\"/>handis<span class=\"_ _5\"/>es dan<span class=\"_ _5\"/>s le temps<span class=\"_ _5\"/>. bpo<span class=\"_ _5\"/>st cons<span class=\"_ _5\"/>id\u00e8re g<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt qu'elle es<span class=\"_ _5\"/>t l'agent dans l<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices d<span class=\"_ _5\"/>e logis<span class=\"_ _5\"/>tique e<span class=\"_ _5\"/>t de fulf<span class=\"_ _5\"/>ilm<span class=\"_ _5\"/>ent. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t se char<span class=\"_ _5\"/>ge</div>\n<div class=\"t m0 x5 h8 y8fa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du tr<span class=\"_ _5\"/>aitem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s marcha<span class=\"_ _5\"/>ndise<span class=\"_ _5\"/>s reto<span class=\"_ _5\"/>urn\u00e9<span class=\"_ _5\"/>es po<span class=\"_ _5\"/>ur le compte du c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>, mais bp<span class=\"_ _5\"/>ost n'ass<span class=\"_ _5\"/>ume auc<span class=\"_ _5\"/>une res<span class=\"_ _5\"/>pons<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>t\u00e9, si bie<span class=\"_ _5\"/>n qu\u2019<span class=\"_ _d\"/>auc<span class=\"_ _5\"/>une re<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y8fb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sab<span class=\"_ _5\"/>ilit\u00e9 po<span class=\"_ _5\"/>ur le reto<span class=\"_ _5\"/>ur n'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t imput<span class=\"_ _5\"/>\u00e9e \u00e0 bpo<span class=\"_ _5\"/>st<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8fc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>emis<span class=\"_ _5\"/>es li\u00e9<span class=\"_ _5\"/>es au volu<span class=\"_ _5\"/>me qui do<span class=\"_ _5\"/>nnent li<span class=\"_ _5\"/>eu \u00e0 une con<span class=\"_ _5\"/>trepa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie var<span class=\"_ _5\"/>iable, s<span class=\"_ _5\"/>ont com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>es men<span class=\"_ _5\"/>suelle<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>t la meill<span class=\"_ _5\"/>eure es<span class=\"_ _5\"/>tima<span class=\"_ _5\"/>tion de</div>\n<div class=\"t m0 x5 h8 y8fd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l\u2019encour<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>t ref<span class=\"_ _5\"/>l\u00e9t\u00e9e da<span class=\"_ _5\"/>ns le bila<span class=\"_ _5\"/>n consol<span class=\"_ _5\"/>id\u00e9, sur b<span class=\"_ _5\"/>ase du p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>pe de la va<span class=\"_ _5\"/>leur at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>ue.</div>\n<div class=\"t m0 x6 h7 y8fe ff7 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(ii<span class=\"_ _5\"/>i) Ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de ba<span class=\"_ _5\"/>ck \u2013 off<span class=\"_ _5\"/>ice, pr<span class=\"_ _5\"/>oximi<span class=\"_ _5\"/>t\u00e9 et co<span class=\"_ _5\"/>mmod<span class=\"_ _5\"/>it\u00e9</div>\n<div class=\"t m0 x5 h10 y8ff ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -9px; z-index: 15;\">Ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces inclus da<span class=\"_ _5\"/>ns les \u00e9l\u00e9<span class=\"_ _5\"/>ments d<span class=\"_ _5\"/>es ligne<span class=\"_ _5\"/>s de produ<span class=\"_ _5\"/>its : E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Nor<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>erica (call center et P<span class=\"_ _5\"/>T&amp;F), Value adde<span class=\"_ _5\"/>d ser<span class=\"_ _5\"/>vices et Pro<span class=\"_ _5\"/>ximit<span class=\"_ _5\"/>y and</div>\n<div class=\"t m0 x5 h10 y900 ff8 fs3 fc2 sc0 ls0 ws36\" style=\"z-index: 15;\">conveni<span class=\"_ _5\"/>ence retail n<span class=\"_ _5\"/>etwor<span class=\"_ _5\"/>k (produ<span class=\"_ _5\"/>its fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s, vent<span class=\"_ _5\"/>e de marcha<span class=\"_ _5\"/>ndises\u2026)</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 57px; height: 1025px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 57px; height: 1025px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 57px; height: 1025px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te ca<span class=\"_ _5\"/>t\u00e9gor<span class=\"_ _5\"/>ie de se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices in<span class=\"_ _5\"/>clut :</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>s de bac<span class=\"_ _5\"/>k \u2013 offi<span class=\"_ _5\"/>ce, call ce<span class=\"_ _5\"/>nter inc<span class=\"_ _5\"/>lus, le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nt et se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de lut<span class=\"_ _5\"/>te con<span class=\"_ _5\"/>tre la</div>\n<div class=\"t m0 x2a h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fr<span class=\"_ _5\"/>aude e<span class=\"_ _5\"/>t de fi<span class=\"_ _5\"/>scali<span class=\"_ _5\"/>t\u00e9, les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s admini<span class=\"_ _5\"/>str<span class=\"_ _5\"/>atif<span class=\"_ _5\"/>s et de ge<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>ocume<span class=\"_ _5\"/>nts ; e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de prox<span class=\"_ _5\"/>imit\u00e9 et co<span class=\"_ _5\"/>mmod<span class=\"_ _5\"/>it\u00e9, y comp<span class=\"_ _5\"/>ris l'acc\u00e8s a<span class=\"_ _5\"/>u r\u00e9se<span class=\"_ _5\"/>au, le se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice au<span class=\"_ _5\"/>x guich<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s pour diff<span class=\"_ _5\"/>\u00e9ren<span class=\"_ _5\"/>ts par<span class=\"_ _5\"/>te<span class=\"_ _5\"/>naire<span class=\"_ _5\"/>s et la vent<span class=\"_ _5\"/>e de bien<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">auto<span class=\"_ _5\"/>produ<span class=\"_ _5\"/>its (p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent phil<span class=\"_ _5\"/>at\u00e9liqu<span class=\"_ _5\"/>es), de prod<span class=\"_ _5\"/>uits d<span class=\"_ _5\"/>e d\u00e9t<span class=\"_ _5\"/>ail et de b<span class=\"_ _5\"/>iens de p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tenaire<span class=\"_ _5\"/>s, en ce co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s les pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s de bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque.</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es de bac<span class=\"_ _5\"/>k \u2013 off<span class=\"_ _5\"/>ice et de pr<span class=\"_ _5\"/>oximit\u00e9 e<span class=\"_ _5\"/>t commo<span class=\"_ _5\"/>dit\u00e9 impl<span class=\"_ _5\"/>iquen<span class=\"_ _5\"/>t les obli<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>ns de pre<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>ntes : acc\u00e8<span class=\"_ _5\"/>s au r\u00e9<span class=\"_ _5\"/>seau et a<span class=\"_ _5\"/>ux poi<span class=\"_ _5\"/>nts</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de ven<span class=\"_ _5\"/>te, ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices au g<span class=\"_ _5\"/>uiche<span class=\"_ _5\"/>t, ven<span class=\"_ _5\"/>te de bien<span class=\"_ _5\"/>s et tr<span class=\"_ _5\"/>aitem<span class=\"_ _5\"/>ent de tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>, de docu<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s ou d\u2019app<span class=\"_ _5\"/>els<span class=\"_ _5\"/>. Les re<span class=\"_ _5\"/>venus s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9s</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lor<span class=\"_ _5\"/>sque l'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de pre<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>tions<span class=\"_ _5\"/>, la pro<span class=\"_ _5\"/>mes<span class=\"_ _5\"/>se de fo<span class=\"_ _5\"/>urnir un s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce ou un bie<span class=\"_ _5\"/>n au clien<span class=\"_ _5\"/>t, es<span class=\"_ _5\"/>t sati<span class=\"_ _5\"/>sfa<span class=\"_ _5\"/>ite \u00e0 un mom<span class=\"_ _5\"/>ent don<span class=\"_ _5\"/>n\u00e9 (par e<span class=\"_ _5\"/>xemple<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 yae ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice au gu<span class=\"_ _5\"/>ichet<span class=\"_ _5\"/>, tr<span class=\"_ _5\"/>aiteme<span class=\"_ _5\"/>nt d\u2019ar<span class=\"_ _5\"/>ticle<span class=\"_ _5\"/>s ou vente d'un b<span class=\"_ _5\"/>ien) ou dans le te<span class=\"_ _5\"/>mps (pa<span class=\"_ _5\"/>r exemp<span class=\"_ _5\"/>le, acc\u00e8s a<span class=\"_ _5\"/>u r\u00e9s<span class=\"_ _5\"/>eau). bpos<span class=\"_ _5\"/>t consid<span class=\"_ _5\"/>\u00e8re g\u00e9n<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qu'il s'agit du p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>pe en mat<span class=\"_ _5\"/>i\u00e8re de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de bac<span class=\"_ _5\"/>k \u2013 off<span class=\"_ _5\"/>ice et de ve<span class=\"_ _5\"/>nte de bie<span class=\"_ _5\"/>ns au d\u00e9t<span class=\"_ _5\"/>ail et d<span class=\"_ _5\"/>e biens a<span class=\"_ _5\"/>utopro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s et qu<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>age<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qui re<span class=\"_ _5\"/>\u00e7oit une co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sion dan<span class=\"_ _5\"/>s le cas d<span class=\"_ _5\"/>e produ<span class=\"_ _5\"/>its d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e et de ve<span class=\"_ _5\"/>nte de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de par<span class=\"_ _5\"/>te<span class=\"_ _5\"/>naires<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yb1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie des r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s du r\u00e9s<span class=\"_ _5\"/>eau de com<span class=\"_ _5\"/>merce de d<span class=\"_ _5\"/>\u00e9tai<span class=\"_ _5\"/>l de prox<span class=\"_ _5\"/>imit\u00e9 et com<span class=\"_ _5\"/>modi<span class=\"_ _5\"/>t\u00e9 (<span class=\"_ _d\"/>d\u00e9<span class=\"_ _5\"/>clar\u00e9<span class=\"_ _5\"/>s comme r<span class=\"_ _5\"/>evenus S<span class=\"_ _5\"/>IEG) est co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>itu\u00e9e d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d'<span class=\"_ _5\"/>Int\u00e9r\u00ea<span class=\"_ _5\"/>t Economi<span class=\"_ _5\"/>que G\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>l (<span class=\"_ _d\"/>SI<span class=\"_ _5\"/>EG<span class=\"_ _d\"/>) as<span class=\"_ _5\"/>sur\u00e9<span class=\"_ _5\"/>s par bpo<span class=\"_ _5\"/>st po<span class=\"_ _5\"/>ur le compte d<span class=\"_ _5\"/>e l'\u00c9tat be<span class=\"_ _5\"/>lge. Ce<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces eng<span class=\"_ _5\"/>lobe<span class=\"_ _5\"/>nt entre a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s l'<span class=\"_ _d\"/>en<span class=\"_ _5\"/>tret<span class=\"_ _5\"/>ien</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'un r\u00e9s<span class=\"_ _5\"/>eau \u00e9te<span class=\"_ _5\"/>ndu de co<span class=\"_ _5\"/>mmerce d<span class=\"_ _5\"/>e d\u00e9t<span class=\"_ _5\"/>ail et de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices tel<span class=\"_ _5\"/>s que le pa<span class=\"_ _5\"/>ieme<span class=\"_ _5\"/>nt \u00e0 domic<span class=\"_ _5\"/>ile des p<span class=\"_ _5\"/>ensio<span class=\"_ _5\"/>ns et l'ex\u00e9<span class=\"_ _5\"/>cutio<span class=\"_ _5\"/>n de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers</div>\n<div class=\"t m0 x5 h8 yb4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pos<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x. L<span class=\"_ _5\"/>a compe<span class=\"_ _5\"/>nsat<span class=\"_ _5\"/>ion des S<span class=\"_ _5\"/>IEG se bas<span class=\"_ _5\"/>e sur une m<span class=\"_ _5\"/>\u00e9th<span class=\"_ _5\"/>odolo<span class=\"_ _5\"/>gie de co\u00fb<span class=\"_ _5\"/>t net \u00e9v<span class=\"_ _5\"/>it\u00e9 (\u201cNAC\u201d p<span class=\"_ _5\"/>our ne<span class=\"_ _5\"/>t avoide<span class=\"_ _5\"/>d cost) e<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t r\u00e9par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie de mani<span class=\"_ _5\"/>\u00e8re</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9ga<span class=\"_ _5\"/>le sur les q<span class=\"_ _5\"/>uatre tr<span class=\"_ _5\"/>ime<span class=\"_ _5\"/>str<span class=\"_ _5\"/>es (compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dans l<span class=\"_ _5\"/>e temps). Cet<span class=\"_ _5\"/>te m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e pr\u00e9vo<span class=\"_ _5\"/>it que la com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>ation s<span class=\"_ _5\"/>era c<span class=\"_ _5\"/>alcul\u00e9<span class=\"_ _5\"/>e en fon<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de la</div>\n<div class=\"t m0 x5 h8 y203 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>n co\u00fbt ne<span class=\"_ _5\"/>t entre l<span class=\"_ _5\"/>e fait d'as<span class=\"_ _5\"/>surer o<span class=\"_ _5\"/>u non la fo<span class=\"_ _5\"/>urnit<span class=\"_ _5\"/>ure des S<span class=\"_ _5\"/>IEG. En cour<span class=\"_ _5\"/>s d'ann\u00e9e<span class=\"_ _5\"/>, des c<span class=\"_ _5\"/>alcul<span class=\"_ _5\"/>s sont e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9s p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s SIEG afi<span class=\"_ _5\"/>n de</div>\n<div class=\"t m0 x5 h8 y204 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s'assu<span class=\"_ _5\"/>rer que la r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on corr<span class=\"_ _5\"/>esp<span class=\"_ _5\"/>onde au<span class=\"_ _5\"/>x mont<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s enreg<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices Pay<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>, T<span class=\"_ _1\"/>ax a<span class=\"_ _5\"/>nd Fraud (P<span class=\"_ _5\"/>T&amp;F), le man<span class=\"_ _5\"/>ageme<span class=\"_ _5\"/>nt est<span class=\"_ _5\"/>ime un pa<span class=\"_ _5\"/>ssif d<span class=\"_ _5\"/>e remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t sur la bas<span class=\"_ _5\"/>e de la m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e de la val<span class=\"_ _5\"/>eur</div>\n<div class=\"t m0 x5 h8 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>e pour le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s poten<span class=\"_ _5\"/>tiel<span class=\"_ _5\"/>s li\u00e9s a<span class=\"_ _5\"/>ux ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de f<span class=\"_ _5\"/>rau<span class=\"_ _5\"/>de.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 732px; height: 350px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb yb ff7 fs6 fc3 sc0 ls0 wsd6\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res reve<span class=\"_ _5\"/>nus d\u2019exploi<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains sur l<span class=\"_ _5\"/>a cess<span class=\"_ _5\"/>ion d'ac<span class=\"_ _5\"/>tifs s<span class=\"_ _5\"/>ont d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9s en co<span class=\"_ _5\"/>mpara<span class=\"_ _5\"/>nt le pro<span class=\"_ _5\"/>duit ne<span class=\"_ _5\"/>t re\u00e7u de l<span class=\"_ _5\"/>a cess<span class=\"_ _5\"/>ion de l'ac<span class=\"_ _5\"/>tif ave<span class=\"_ _5\"/>c la valeu<span class=\"_ _5\"/>r compt<span class=\"_ _5\"/>able de l'ac<span class=\"_ _5\"/>tif au</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mom<span class=\"_ _5\"/>ent de la ve<span class=\"_ _5\"/>nte.</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s locat<span class=\"_ _5\"/>ifs pr<span class=\"_ _5\"/>ovenant d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e loca<span class=\"_ _5\"/>tion sim<span class=\"_ _5\"/>ple ou d'imm<span class=\"_ _5\"/>euble<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cement s<span class=\"_ _5\"/>ont com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s de mani\u00e8<span class=\"_ _5\"/>re lin\u00e9a<span class=\"_ _5\"/>ire sur la</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur\u00e9<span class=\"_ _5\"/>e du contr<span class=\"_ _5\"/>at de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>ubvent<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>t les aide<span class=\"_ _5\"/>s publ<span class=\"_ _5\"/>iques s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s en r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s char<span class=\"_ _5\"/>ges et com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>ent le<span class=\"_ _5\"/>s charge<span class=\"_ _5\"/>s conne<span class=\"_ _5\"/>xes au<span class=\"_ _5\"/>xquell<span class=\"_ _5\"/>es la</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">subve<span class=\"_ _5\"/>ntion e<span class=\"_ _5\"/>st d<span class=\"_ _5\"/>est<span class=\"_ _5\"/>in\u00e9e<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 552px; height: 155px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y51 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Revenu<span class=\"_ _5\"/>s <span class=\"_ _d\"/>et co\u00fb<span class=\"_ _5\"/>ts f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour le<span class=\"_ _5\"/>s titr<span class=\"_ _5\"/>es \u00e0 rev<span class=\"_ _5\"/>enu f<span class=\"_ _5\"/>ixe, les i<span class=\"_ _5\"/>nt\u00e9r\u00eat<span class=\"_ _5\"/>s so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s selo<span class=\"_ _5\"/>n la m\u00e9t<span class=\"_ _5\"/>hode du t<span class=\"_ _5\"/>aux d'in<span class=\"_ _5\"/>t\u00e9r\u00eat e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tif. Pou<span class=\"_ _5\"/>r les</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tit<span class=\"_ _5\"/>res \u00e0 re<span class=\"_ _5\"/>venu va<span class=\"_ _5\"/>riable<span class=\"_ _5\"/>, les rev<span class=\"_ _5\"/>enus s<span class=\"_ _5\"/>ont enre<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tr\u00e9s da<span class=\"_ _5\"/>ns le comp<span class=\"_ _5\"/>te de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s d\u00e8s q<span class=\"_ _5\"/>ue l'asse<span class=\"_ _5\"/>mbl\u00e9<span class=\"_ _5\"/>e g\u00e9n\u00e9r<span class=\"_ _5\"/>ale de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ionnai<span class=\"_ _5\"/>res conf<span class=\"_ _5\"/>ir<span class=\"_ _5\"/>me la</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">distribution<span class=\"_ _d\"/> d'u<span class=\"_ _d\"/>n dividende.</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>nt\u00e9r\u00eat<span class=\"_ _5\"/>s sur l<span class=\"_ _5\"/>es emp<span class=\"_ _5\"/>runt<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9s dans le<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs au f<span class=\"_ _5\"/>ur et \u00e0 me<span class=\"_ _5\"/>sure qu'il<span class=\"_ _5\"/>s sont e<span class=\"_ _5\"/>ncour<span class=\"_ _5\"/>us. Pou<span class=\"_ _5\"/>r les emp<span class=\"_ _5\"/>runt<span class=\"_ _5\"/>s, to<span class=\"_ _5\"/>ute</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>ntre le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t re\u00e7u e<span class=\"_ _5\"/>t le mont<span class=\"_ _5\"/>ant rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>sabl<span class=\"_ _5\"/>e est co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>ts en u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ant la m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e du tau<span class=\"_ _5\"/>x</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'int\u00e9r<span class=\"_ _5\"/>\u00eat eff<span class=\"_ _5\"/>ect<span class=\"_ _5\"/>if.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 387px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y5b ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s d\u00e9riv\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ut<span class=\"_ _5\"/>ilise d<span class=\"_ _5\"/>es ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs d\u00e9r<span class=\"_ _5\"/>iv\u00e9<span class=\"_ _5\"/>s pour cou<span class=\"_ _5\"/>vri<span class=\"_ _5\"/>r son ex<span class=\"_ _5\"/>posi<span class=\"_ _5\"/>tion au<span class=\"_ _5\"/>x ris<span class=\"_ _5\"/>ques de c<span class=\"_ _5\"/>hange d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>ant des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>nnelle<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>i\u00e8re<span class=\"_ _5\"/>s. Con<span class=\"_ _5\"/>form<span class=\"_ _5\"/>\u00e9ment \u00e0 s<span class=\"_ _5\"/>a poli<span class=\"_ _5\"/>tique d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie, bp<span class=\"_ _5\"/>ost n<span class=\"_ _5\"/>e d\u00e9ti<span class=\"_ _5\"/>ent pas o<span class=\"_ _5\"/>u n\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>met pa<span class=\"_ _5\"/>s d\u2019ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs d\u00e9<span class=\"_ _5\"/>riv\u00e9<span class=\"_ _5\"/>s \u00e0 des f<span class=\"_ _5\"/>ins</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">commerciales.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s d\u00e9ri<span class=\"_ _5\"/>v\u00e9s s<span class=\"_ _5\"/>ont init<span class=\"_ _5\"/>ialeme<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s \u00e0 leu<span class=\"_ _5\"/>r juste v<span class=\"_ _5\"/>aleur \u00e0 la d<span class=\"_ _5\"/>ate de concl<span class=\"_ _5\"/>usion du co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t et \u00e9va<span class=\"_ _5\"/>lu\u00e9s pa<span class=\"_ _5\"/>r ult\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rie<span class=\"_ _5\"/>urem<span class=\"_ _5\"/>ent \u00e0 leur j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur \u00e0 la f<span class=\"_ _5\"/>in de ch<span class=\"_ _5\"/>aque p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de de re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ting<span class=\"_ _5\"/>. D\u00e9p<span class=\"_ _5\"/>endan<span class=\"_ _5\"/>t de l\u2019<span class=\"_ _d\"/>ap<span class=\"_ _5\"/>plica<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>a compta<span class=\"_ _5\"/>bilit\u00e9 de co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e ou non</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(voir ci \u2013 d<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>ous), tout gai<span class=\"_ _5\"/>n ou per<span class=\"_ _5\"/>te r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ant de la r\u00e9<span class=\"_ _5\"/>\u00e9val<span class=\"_ _5\"/>uation d<span class=\"_ _5\"/>e l\u2019ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er d\u00e9r<span class=\"_ _5\"/>iv\u00e9 es<span class=\"_ _5\"/>t soi<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 direc<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent dans le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aut<span class=\"_ _5\"/>res \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t global o<span class=\"_ _5\"/>u dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 207px; height: 155px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 207px; height: 155px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y66 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Comptabilit\u00e9 de<span class=\"_ _d\"/> couverture</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>signe ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tains in<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>re, qui com<span class=\"_ _5\"/>prenn<span class=\"_ _5\"/>ent les i<span class=\"_ _5\"/>nstr<span class=\"_ _5\"/>ume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>\u00e9riv<span class=\"_ _5\"/>\u00e9s et no<span class=\"_ _5\"/>n d\u00e9r<span class=\"_ _5\"/>iv\u00e9s re<span class=\"_ _5\"/>latif<span class=\"_ _5\"/>s au ris<span class=\"_ _5\"/>que de c<span class=\"_ _5\"/>hange et</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">au r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e taux d'i<span class=\"_ _5\"/>nt\u00e9r\u00eat<span class=\"_ _5\"/>, comm<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>res d'inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s ne<span class=\"_ _5\"/>ts dan<span class=\"_ _5\"/>s des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s et au<span class=\"_ _5\"/>x couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>res de f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">respectivement.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 102px; height: 80px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 80px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 102px; height: 980px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 102px; height: 980px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A la cr\u00e9<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la relat<span class=\"_ _5\"/>ion de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t docu<span class=\"_ _5\"/>mente la r<span class=\"_ _5\"/>elati<span class=\"_ _5\"/>on entr<span class=\"_ _5\"/>e l\u2019ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture e<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>\u00e9l<span class=\"_ _5\"/>\u00e9ment co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>, ainsi qu<span class=\"_ _5\"/>e sa ges<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n des r<span class=\"_ _5\"/>isque<span class=\"_ _5\"/>s et sa s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>at\u00e9gie d<span class=\"_ _5\"/>e ces dive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>ns de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>. De plus<span class=\"_ _5\"/>, \u00e0 la cr\u00e9at<span class=\"_ _5\"/>ion de la co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e et de f<span class=\"_ _5\"/>a\u00e7on cont<span class=\"_ _5\"/>inue, b<span class=\"_ _5\"/>post</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">document<span class=\"_ _d\"/>e et \u00e9value<span class=\"_ _d\"/> l'<span class=\"_ _d\"/>efficacit\u00e9 des instruments d\u00e9riv\u00e9s.</div>\n<div class=\"t m0 x5 h7 ya9 ff7 fs3 fc2 sc0 ls40 ws62\" style=\"z-index: 15;\">Couverture de flux de tr\u00e9sorerie</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie eff<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ace des v<span class=\"_ _5\"/>ariat<span class=\"_ _5\"/>ions de l<span class=\"_ _5\"/>a juste v<span class=\"_ _5\"/>aleur de<span class=\"_ _5\"/>s ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s d\u00e9r<span class=\"_ _5\"/>iv\u00e9s d\u00e9<span class=\"_ _5\"/>sign<span class=\"_ _5\"/>\u00e9e et qua<span class=\"_ _5\"/>lifi<span class=\"_ _5\"/>\u00e9e comm<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure de f<span class=\"_ _5\"/>lux de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e est</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e da<span class=\"_ _5\"/>ns les au<span class=\"_ _5\"/>tres \u00e9<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>nts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al et cumu<span class=\"_ _5\"/>l\u00e9e dans l<span class=\"_ _5\"/>a rubr<span class=\"_ _5\"/>ique de<span class=\"_ _5\"/>s r\u00e9s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ves d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure de f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e. Le</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prof<span class=\"_ _5\"/>it ou l<span class=\"_ _5\"/>a per<span class=\"_ _5\"/>te li\u00e9 \u00e0 l<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie in<span class=\"_ _5\"/>eff<span class=\"_ _5\"/>icace e<span class=\"_ _5\"/>st imm<span class=\"_ _5\"/>\u00e9diate<span class=\"_ _5\"/>ment com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9 en r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nts p<span class=\"_ _5\"/>r\u00e9c\u00e9<span class=\"_ _5\"/>demme<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dan<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res \u00e9<span class=\"_ _5\"/>l\u00e9men<span class=\"_ _5\"/>ts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at globa<span class=\"_ _5\"/>l et accum<span class=\"_ _5\"/>ul\u00e9s dan<span class=\"_ _5\"/>s les ca<span class=\"_ _5\"/>pitau<span class=\"_ _5\"/>x prop<span class=\"_ _5\"/>res so<span class=\"_ _5\"/>nt rec<span class=\"_ _5\"/>las-</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s\u00e9<span class=\"_ _5\"/>s en r\u00e9s<span class=\"_ _5\"/>ultat n<span class=\"_ _5\"/>et lor<span class=\"_ _5\"/>sque l'\u00e9l\u00e9m<span class=\"_ _5\"/>ent cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>t affe<span class=\"_ _5\"/>cte le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at net<span class=\"_ _5\"/>, \u00e0 l\u2019ins<span class=\"_ _5\"/>tar de l'\u00e9l\u00e9<span class=\"_ _5\"/>ment cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>t comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9.</div>\n<div class=\"t m0 x5 h8 yb1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilit\u00e9 de co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e s\u2019<span class=\"_ _d\"/>ar<span class=\"_ _5\"/>r\u00eate lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>a relat<span class=\"_ _5\"/>ion de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture e<span class=\"_ _5\"/>st r\u00e9<span class=\"_ _5\"/>voqu\u00e9<span class=\"_ _5\"/>e par bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, lor<span class=\"_ _5\"/>sque l'ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure exp<span class=\"_ _5\"/>ire ou</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t vend<span class=\"_ _5\"/>u, r\u00e9sil<span class=\"_ _5\"/>i\u00e9 ou exe<span class=\"_ _5\"/>rc\u00e9, ou lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>u'<span class=\"_ _d\"/>elle n'es<span class=\"_ _5\"/>t plus qual<span class=\"_ _5\"/>ifi\u00e9<span class=\"_ _5\"/>e de comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>it\u00e9 de couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ture. Tout gain o<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>te comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 dan<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal e<span class=\"_ _5\"/>t accumul\u00e9 da<span class=\"_ _5\"/>ns les c<span class=\"_ _5\"/>apit<span class=\"_ _5\"/>aux pro<span class=\"_ _5\"/>pres d<span class=\"_ _5\"/>emeu<span class=\"_ _5\"/>re dans le<span class=\"_ _5\"/>s fonds p<span class=\"_ _5\"/>ropr<span class=\"_ _5\"/>es et e<span class=\"_ _5\"/>st comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>a tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 yb4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00e9<span class=\"_ _5\"/>vue es<span class=\"_ _5\"/>t f<span class=\"_ _5\"/>inalem<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e e<span class=\"_ _5\"/>n r\u00e9sul<span class=\"_ _5\"/>tat. L<span class=\"_ _5\"/>ors<span class=\"_ _5\"/>qu\u2019il s\u2019av\u00e8re que l<span class=\"_ _5\"/>a tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion p<span class=\"_ _5\"/>r\u00e9vu<span class=\"_ _5\"/>e ne se r\u00e9<span class=\"_ _5\"/>alise<span class=\"_ _5\"/>ra pas<span class=\"_ _5\"/>, le gain o<span class=\"_ _5\"/>u la per<span class=\"_ _5\"/>te cu<span class=\"_ _5\"/>mul\u00e9 es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">imm\u00e9dia<span class=\"_ _d\"/>tement c<span class=\"_ _d\"/>omptabilis\u00e9<span class=\"_ _d\"/> en r\u00e9sultat.</div>\n<div class=\"t m0 x5 h7 y204 ff7 fs3 fc2 sc0 ls0 ws4a\" style=\"z-index: 15;\">Cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture d\u2019i<span class=\"_ _5\"/>nvest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts net<span class=\"_ _5\"/>s dans de<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les \u00e9tr<span class=\"_ _5\"/>ang\u00e8<span class=\"_ _5\"/>res</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>es d'inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>s dan<span class=\"_ _5\"/>s des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s sont co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>es de l<span class=\"_ _5\"/>a m\u00eame ma<span class=\"_ _5\"/>ni\u00e8re qu<span class=\"_ _5\"/>e les cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>s de f<span class=\"_ _5\"/>lux de</div>\n<div class=\"t m0 x5 h8 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>. T<span class=\"_ _1\"/>out g<span class=\"_ _5\"/>ain ou pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te sur l'ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment de co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e relat<span class=\"_ _5\"/>if \u00e0 la par<span class=\"_ _5\"/>tie e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure es<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 dans le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s \u00e9l\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y208 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>ts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at globa<span class=\"_ _5\"/>l et cumul<span class=\"_ _5\"/>\u00e9 sous la r<span class=\"_ _5\"/>ubr<span class=\"_ _5\"/>ique \u00abr\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion\u00bb. Le pr<span class=\"_ _5\"/>ofi<span class=\"_ _5\"/>t ou la per<span class=\"_ _5\"/>te l<span class=\"_ _5\"/>i\u00e9 \u00e0 la par<span class=\"_ _5\"/>tie i<span class=\"_ _5\"/>neff<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>ce est i<span class=\"_ _5\"/>mm\u00e9dia<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y209 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">com<span class=\"_ _d\"/>ptabil<span class=\"_ _d\"/>is\u00e9 en<span class=\"_ _d\"/> r\u00e9su<span class=\"_ _d\"/>ltat.</div>\n<div class=\"t m0 x5 h8 y20b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains et l<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s sur l'ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>re relat<span class=\"_ _5\"/>ifs \u00e0 la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie eff<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ace de la cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture a<span class=\"_ _5\"/>ccumul\u00e9<span class=\"_ _5\"/>e dans la r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion</div>\n<div class=\"t m0 x5 h8 y3ce ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t recla<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>\u00e9s en r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t lors de l<span class=\"_ _5\"/>a cess<span class=\"_ _5\"/>ion de la f<span class=\"_ _5\"/>iliale \u00e9<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>ng\u00e8re.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 657px; height: 425px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 657px; height: 425px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 657px; height: 425px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div class=\"t m0 x5 h1a ye ffc fs11 fc2 sc0 ls53 ws99\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>5 <span class=\"_ _78\"> </span>Regroupements d\u2019<span class=\"_ _1\"/>entrepris<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 hb y10 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Vente de l<span class=\"_ _5\"/>a soci<span class=\"_ _5\"/>\u00e9t\u00e9 Ubiway Ret<span class=\"_ _5\"/>ail</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 28 f<span class=\"_ _5\"/>\u00e9vri<span class=\"_ _5\"/>er 202<span class=\"_ _5\"/>2, bpo<span class=\"_ _5\"/>st, U<span class=\"_ _5\"/>biway et G<span class=\"_ _5\"/>olde<span class=\"_ _5\"/>n Palace on<span class=\"_ _5\"/>t fina<span class=\"_ _5\"/>lis\u00e9 la ve<span class=\"_ _5\"/>nte d'Ubi<span class=\"_ _5\"/>way Ret<span class=\"_ _5\"/>ail. Le p<span class=\"_ _5\"/>rix de ve<span class=\"_ _5\"/>nte s'est \u00e9<span class=\"_ _5\"/>lev\u00e9 \u00e0 2,<span class=\"_ _5\"/>5 mEUR en<span class=\"_ _5\"/>tra\u00ee<span class=\"_ _5\"/>nant</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r suppl\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>aire en 20<span class=\"_ _5\"/>22 de 1,<span class=\"_ _5\"/>0 mEUR pou<span class=\"_ _5\"/>r rame<span class=\"_ _5\"/>ner la va<span class=\"_ _5\"/>leur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e des ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>s \u00e0 leur j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur dimi<span class=\"_ _5\"/>nu\u00e9e</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s de vente, co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>e au se<span class=\"_ _5\"/>in de l\u2019entit\u00e9 o<span class=\"_ _5\"/>p\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elle Be<span class=\"_ _5\"/>lgium<span class=\"_ _5\"/>. \u00c0 la date de la ve<span class=\"_ _5\"/>nte, Ubiw<span class=\"_ _5\"/>ay (faisa<span class=\"_ _5\"/>nt par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>tgr<span class=\"_ _5\"/>oup)</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">a \u00e9mi<span class=\"_ _5\"/>s un pr\u00eat d<span class=\"_ _5\"/>e 2,0 mEUR ave<span class=\"_ _5\"/>c une date d'\u00e9c<span class=\"_ _5\"/>h\u00e9ance e<span class=\"_ _5\"/>n 2026 enve<span class=\"_ _5\"/>rs Ubiw<span class=\"_ _5\"/>ay Reta<span class=\"_ _5\"/>il, pr\u00ea<span class=\"_ _5\"/>t enre<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>r\u00e9 comm<span class=\"_ _5\"/>e une cr\u00e9a<span class=\"_ _5\"/>nce comme<span class=\"_ _5\"/>rciale n<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cour<span class=\"_ _5\"/>ante. Af<span class=\"_ _5\"/>in de l<span class=\"_ _5\"/>imiter le r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>e de cr\u00e9<span class=\"_ _5\"/>dit \u00e9vent<span class=\"_ _5\"/>uel, d<span class=\"_ _5\"/>es ga<span class=\"_ _5\"/>ranti<span class=\"_ _5\"/>es ont \u00e9<span class=\"_ _5\"/>t\u00e9 four<span class=\"_ _5\"/>nies pa<span class=\"_ _5\"/>r Golde<span class=\"_ _5\"/>n Palace<span class=\"_ _5\"/>. Dans la not<span class=\"_ _5\"/>e 6.18 Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9te<span class=\"_ _5\"/>nus en v<span class=\"_ _5\"/>ue</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la ve<span class=\"_ _5\"/>nte, les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs d\u00e9<span class=\"_ _5\"/>tenus en v<span class=\"_ _5\"/>ue de la ve<span class=\"_ _5\"/>nte et le<span class=\"_ _5\"/>s pas<span class=\"_ _5\"/>sifs dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t li\u00e9s au<span class=\"_ _5\"/>x act<span class=\"_ _5\"/>ifs d\u00e9<span class=\"_ _5\"/>tenus e<span class=\"_ _5\"/>n vue de l<span class=\"_ _5\"/>a vente po<span class=\"_ _5\"/>ur Ubiway R<span class=\"_ _5\"/>etail a<span class=\"_ _5\"/>u 31</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">d\u00e9cem<span class=\"_ _d\"/>bre 2<span class=\"_ _d\"/>021<span class=\"_ _d\"/> sont pr<span class=\"_ _d\"/>\u00e9sent\u00e9s.</div>\n<div class=\"t m0 x5 hb y58 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Acquisition d<span class=\"_ _d\"/>\u2019IMX</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 31 mai 20<span class=\"_ _5\"/>22 (date d'acquis<span class=\"_ _5\"/>ition), bpo<span class=\"_ _5\"/>st a sig<span class=\"_ _5\"/>n\u00e9 une conve<span class=\"_ _5\"/>ntion d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>ach<span class=\"_ _5\"/>at d'acti<span class=\"_ _5\"/>ons po<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion de 6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>59 % de Marc<span class=\"_ _5\"/>eau 1. Mar<span class=\"_ _5\"/>ceau 1 es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 holdin<span class=\"_ _5\"/>g poss<span class=\"_ _5\"/>\u00e9dan<span class=\"_ _5\"/>t IMX Fran<span class=\"_ _5\"/>ce et IMX G<span class=\"_ _5\"/>mbH. C<span class=\"_ _5\"/>es deu<span class=\"_ _5\"/>x enti<span class=\"_ _5\"/>t\u00e9s pro<span class=\"_ _5\"/>pose<span class=\"_ _5\"/>nt une lar<span class=\"_ _5\"/>ge gamm<span class=\"_ _5\"/>e de sol<span class=\"_ _5\"/>ution<span class=\"_ _5\"/>s de livr<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>on et de re<span class=\"_ _5\"/>tour</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>ansf<span class=\"_ _5\"/>ront<span class=\"_ _5\"/>alier<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s e \u2013 comme<span class=\"_ _5\"/>r\u00e7an<span class=\"_ _5\"/>ts via u<span class=\"_ _5\"/>ne appr<span class=\"_ _5\"/>oche d<span class=\"_ _5\"/>e vente dir<span class=\"_ _5\"/>ect<span class=\"_ _5\"/>e, ainsi qu<span class=\"_ _5\"/>e pour le<span class=\"_ _5\"/>s PME et le<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ulier<span class=\"_ _5\"/>s via se<span class=\"_ _5\"/>s solut<span class=\"_ _5\"/>ions nu<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">m\u00e9r<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s prop<span class=\"_ _5\"/>ri\u00e9t<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s \u201cHappy \u2013 Pos<span class=\"_ _5\"/>t<span class=\"_ _5\"/>\u201d<span class=\"_ _1\"/>, \u201cCol<span class=\"_ _5\"/>isE<span class=\"_ _5\"/>xpat<span class=\"_ _5\"/>\u201d et<span class=\"_ _5\"/>\u201cSho<span class=\"_ _5\"/>piles\u201d. Le pri<span class=\"_ _5\"/>x d'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>hat pour 6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>59<span class=\"_ _5\"/>% des ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns s'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>st \u00e9le<span class=\"_ _5\"/>v\u00e9 \u00e0 15,<span class=\"_ _5\"/>5 mEUR<span class=\"_ _5\"/>. En out<span class=\"_ _5\"/>re,</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'accord pr<span class=\"_ _5\"/>\u00e9voit un<span class=\"_ _5\"/>e str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>ture d'app<span class=\"_ _5\"/>el et de ve<span class=\"_ _5\"/>nte pou<span class=\"_ _5\"/>r les ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s res<span class=\"_ _5\"/>tante<span class=\"_ _5\"/>s (31,4<span class=\"_ _d\"/>1%<span class=\"_ _d\"/>). Le pr<span class=\"_ _5\"/>ix d'exer<span class=\"_ _5\"/>cice var<span class=\"_ _5\"/>iable de ce<span class=\"_ _5\"/>tte o<span class=\"_ _5\"/>ptio<span class=\"_ _5\"/>n, bas\u00e9 s<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'EBIT<span class=\"_ _5\"/>DA des an<span class=\"_ _5\"/>n\u00e9e<span class=\"_ _5\"/>s 2022 e<span class=\"_ _5\"/>t 2023<span class=\"_ _5\"/>, a \u00e9t\u00e9 comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 com<span class=\"_ _5\"/>me un pas<span class=\"_ _5\"/>sif f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er pou<span class=\"_ _5\"/>r un mont<span class=\"_ _5\"/>ant de 5,6 m<span class=\"_ _5\"/>EUR (le plafo<span class=\"_ _5\"/>nd conve<span class=\"_ _5\"/>nu contr<span class=\"_ _5\"/>ac-</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tue<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt s'<span class=\"_ _d\"/>\u00e9l\u00e8<span class=\"_ _5\"/>ve \u00e0 12,7 mEUR), les c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s du pas<span class=\"_ _5\"/>sif f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er son<span class=\"_ _5\"/>t inscr<span class=\"_ _5\"/>it<span class=\"_ _5\"/>s au compte d<span class=\"_ _5\"/>e r\u00e9sul<span class=\"_ _5\"/>tat. L<span class=\"_ _5\"/>a so<span class=\"_ _5\"/>ci\u00e9t\u00e9 a \u00e9<span class=\"_ _5\"/>t\u00e9 conso<span class=\"_ _5\"/>lid\u00e9e s<span class=\"_ _5\"/>elon</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>de de l'int\u00e9g<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on globa<span class=\"_ _5\"/>le \u00e0 par<span class=\"_ _5\"/>tir de j<span class=\"_ _5\"/>uin 202<span class=\"_ _5\"/>2, dans l\u2019enti<span class=\"_ _5\"/>t\u00e9 op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>nnelle E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eur<span class=\"_ _5\"/>asia. Pa<span class=\"_ _5\"/>r cons\u00e9<span class=\"_ _5\"/>quent<span class=\"_ _5\"/>, le reg<span class=\"_ _5\"/>roupe<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses e<span class=\"_ _5\"/>st pr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>t\u00e9 avec bp<span class=\"_ _5\"/>ost o<span class=\"_ _5\"/>btenant u<span class=\"_ _5\"/>ne par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ipatio<span class=\"_ _5\"/>n \u00e0 100<span class=\"_ _5\"/>% dans Marce<span class=\"_ _5\"/>au 1. Le<span class=\"_ _5\"/>s frai<span class=\"_ _5\"/>s de tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n li\u00e9s \u00e0 ce r<span class=\"_ _5\"/>achat s<span class=\"_ _5\"/>ont incl<span class=\"_ _5\"/>us</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s char<span class=\"_ _5\"/>ges d'exp<span class=\"_ _5\"/>loitat<span class=\"_ _5\"/>ion de 20<span class=\"_ _5\"/>22.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 222px; height: 395px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 222px; height: 860px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 y51c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill c<span class=\"_ _5\"/>alcul\u00e9 e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9 comme s<span class=\"_ _5\"/>uit :</div>\n<div class=\"t m0 x7 hc y901 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1b0\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></div>\n<div class=\"t m0 x7 hf y902 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">JUSTE V<span class=\"_ _d\"/>ALEUR DES ACTIF<span class=\"_ _d\"/>S ACQUIS ET DES DETTES REPRISES D<span class=\"_ _d\"/>ANS LES ENTIT\u00c9S ACHET\u00c9ES</div>\n<div class=\"t m0 xa4 hd y903 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc y904 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S NON CO<span class=\"_ _5\"/>UR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x8b h1b y905 ff7 fs8 fc2 sc0 lsbb wsd8\" style=\"z-index: 15;\">9,9</div>\n<div class=\"t m0 x7 hd y906 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> corporelles<span class=\"_ _1b1\"> </span><span class=\"ls1b ws1d\">3,7</span></div>\n<div class=\"t m0 x7 hd y907 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> incorporelles<span class=\"_ _1b2\"> </span><span class=\"ls1b ws1d\">5,7</span></div>\n<div class=\"t m0 x7 hd y908 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Act<span class=\"_ _5\"/>ifs d\u2019imp\u00f4ts dif<span class=\"_ _5\"/>f\u00e9r\u00e9s<span class=\"_ _1ad\"> </span><span class=\"ls18 ws1a\">0,1</span></div>\n<div class=\"t m0 x7 hd y909 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales et autres cr\u00e9ances<span class=\"_ _1b3\"> </span><span class=\"ls18 ws1a\">0,4</span></div>\n<div class=\"t m0 x7 hc y90a ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIFS COURANT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x168 h1b y90b ff7 fs8 fc2 sc0 lsd2 wsf2\" style=\"z-index: 15;\">7,<span class=\"_ _5\"/>8</div>\n<div class=\"t m0 x7 hd y90c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales et autres cr\u00e9ances<span class=\"_ _1b4\"> </span><span class=\"ls26 ws28\">3,3</span></div>\n<div class=\"t m0 x7 hd y90d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>t \u00e9qu<span class=\"_ _5\"/>ivale<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>e<span class=\"_ _1b5\"> </span><span class=\"ls14 ws16\">4,5</span></div>\n<div class=\"t m0 x7 hc y90e ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PA<span class=\"_ _5\"/>SSI<span class=\"_ _5\"/>FS NO<span class=\"_ _5\"/>N COUR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NTS</div>\n<div class=\"t m0 x69 h1b y90f ff7 fs8 fc2 sc0 ls45 ws4a\" style=\"z-index: 15;\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x7 hd y910 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Passif<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9r\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x169 hd y911 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(1,<span class=\"_ _5\"/>5<span class=\"_ _5\"/>)</div>\n<div class=\"t m0 x7 hc y912 ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">PASSIFS COURANTS</div>\n<div class=\"t m0 x5c h1b y913 ff7 fs8 fc2 sc0 ls45 ws4a\" style=\"z-index: 15;\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>4)</div>\n<div class=\"t m0 x7 hd y914 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _1b6\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hd y915 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s<span class=\"_ _1b7\"> </span><span class=\"ls22 ws24\">(8,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x7 hf y916 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">P<span class=\"_ _d\"/>ASSIFS DIREC<span class=\"_ _d\"/>TEMENT LI\u00c9S AUX ACTIF<span class=\"_ _1\"/>S DESTIN\u00c9S \u00c0 LA VENTE</div>\n<div class=\"t m0 x8b h1b y917 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,8</div>\n<div class=\"t m0 x7 hd y918 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Goodwill suite \u00e0 l<span class=\"_ _d\"/>'acquisition<span class=\"_ _1b2\"> </span><span class=\"ls18 ws1a\">20,2 </span></div>\n<div class=\"t m0 x7 hf y919 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CONTREP<span class=\"_ _1\"/>ARTIE D'<span class=\"_ _1\"/>ACHA<span class=\"_ _d\"/>T TRANSF\u00c9R\u00c9E</div>\n<div class=\"t m0 x169 h1b y91a ff7 fs8 fc3 sc0 ls2c ws2e\" style=\"z-index: 15;\">21,0</div>\n<div class=\"t m0 x7 hd y91b ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">dont:<span class=\"_ _1b8\"> </span><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hd y91c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Mon<span class=\"_ _5\"/>tant p<span class=\"_ _5\"/>ay\u00e9<span class=\"_ _1b9\"> </span><span class=\"ls7 ws8\">15,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd y91d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Contrepart<span class=\"_ _5\"/>ie<span class=\"_ _d\"/> conditionnelle<span class=\"_ _1ba\"> </span><span class=\"ls28 ws2a\">5,6</span></div>\n<div class=\"t m0 x7 hd y91e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _1bb\"> </span> </div>\n<div class=\"t m0 x7 hc y91f ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AN<span class=\"_ _5\"/>ALYS<span class=\"_ _5\"/>E DES F<span class=\"_ _5\"/>LUX DE T<span class=\"_ _5\"/>R\u00c9S<span class=\"_ _5\"/>ORE<span class=\"_ _5\"/>RI<span class=\"_ _5\"/>E DES AC<span class=\"_ _5\"/>QUIS<span class=\"_ _5\"/>ITI<span class=\"_ _5\"/>ONS</div>\n<div class=\"t m0 xa4 hd y920 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hd y921 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te acqu<span class=\"_ _5\"/>ise de<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>liale<span class=\"_ _5\"/>s<span class=\"_ _1bc\"> </span><span class=\"ls14 ws16\">4,5</span></div>\n<div class=\"t m0 x7 hd y922 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Montant pay\u00e9<span class=\"_ _1bd\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>5)</span></div>\n<div class=\"t m0 x7 hf y923 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SORTIE NETTE DE TR\u00c9SOSERIE</div>\n<div class=\"t m0 x16a h1b y924 ff7 fs8 fc3 sc0 ls45 ws4a\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,<span class=\"_ _5\"/>0)</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s cr\u00e9an<span class=\"_ _5\"/>ces comm<span class=\"_ _5\"/>erciale<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>antes e<span class=\"_ _5\"/>t non cour<span class=\"_ _5\"/>antes s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>levai<span class=\"_ _5\"/>t \u00e0 3,7 mEUR et bp<span class=\"_ _5\"/>ost s'at<span class=\"_ _5\"/>tend \u00e0 ce qu<span class=\"_ _5\"/>e l\u2019int\u00e9gr<span class=\"_ _5\"/>alit\u00e9 d<span class=\"_ _5\"/>es mon<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>ts con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>ls pu<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>e \u00eatre col<span class=\"_ _5\"/>lec<span class=\"_ _5\"/>t\u00e9e.</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'ajus<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent de la ju<span class=\"_ _5\"/>ste val<span class=\"_ _5\"/>eur suit<span class=\"_ _5\"/>e \u00e0 l'<span class=\"_ _d\"/>affe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>u prix d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on a consi<span class=\"_ _5\"/>st\u00e9 en l<span class=\"_ _5\"/>a compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>ation d'im<span class=\"_ _5\"/>mobili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons inco<span class=\"_ _5\"/>rpor<span class=\"_ _5\"/>elles : d<span class=\"_ _5\"/>\u00e9-</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nom<span class=\"_ _5\"/>inatio<span class=\"_ _5\"/>n commer<span class=\"_ _5\"/>ciale (dur\u00e9<span class=\"_ _5\"/>e de vie ut<span class=\"_ _5\"/>ile de 5 ans), tech<span class=\"_ _5\"/>nolog<span class=\"_ _5\"/>ie (dur\u00e9e de v<span class=\"_ _5\"/>ie util<span class=\"_ _5\"/>e de 6 ans) et re<span class=\"_ _5\"/>lation c<span class=\"_ _5\"/>lient (dur\u00e9<span class=\"_ _5\"/>e de vie u<span class=\"_ _5\"/>tile de 14 \u00e0 20</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ans), res<span class=\"_ _5\"/>pec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>ment p<span class=\"_ _5\"/>our un mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e 0,9 mEUR<span class=\"_ _5\"/>, 1,0 mEUR e<span class=\"_ _5\"/>t 3,<span class=\"_ _5\"/>8 mEUR.</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, Marce<span class=\"_ _5\"/>au 1 SA<span class=\"_ _5\"/>S, IM<span class=\"_ _5\"/>X France e<span class=\"_ _5\"/>t IMX Gmb<span class=\"_ _5\"/>H ont cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>\u00e9 \u00e0 hauteu<span class=\"_ _5\"/>r de 18,<span class=\"_ _5\"/>8 mEUR de re<span class=\"_ _5\"/>venus e<span class=\"_ _5\"/>t de 4,4 mEUR d<span class=\"_ _5\"/>e r\u00e9sul<span class=\"_ _5\"/>tat avan<span class=\"_ _5\"/>t imp\u00f4t<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>coulant de l<span class=\"_ _5\"/>a contin<span class=\"_ _5\"/>uit\u00e9 op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>le du grou<span class=\"_ _5\"/>pe. Le<span class=\"_ _5\"/>s revenu<span class=\"_ _5\"/>s d'IMX p<span class=\"_ _5\"/>our l'ense<span class=\"_ _5\"/>mble de l'ann<span class=\"_ _5\"/>\u00e9e 202<span class=\"_ _5\"/>2 s'<span class=\"_ _d\"/>\u00e9l\u00e8<span class=\"_ _5\"/>vent \u00e0 32,<span class=\"_ _5\"/>2 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill q<span class=\"_ _5\"/>ui en r\u00e9s<span class=\"_ _5\"/>ulte, d'un mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e 20,2 m<span class=\"_ _5\"/>EUR, d\u00e9<span class=\"_ _5\"/>coule de la c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance f<span class=\"_ _5\"/>uture e<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>yne<span class=\"_ _5\"/>rgie<span class=\"_ _5\"/>s atte<span class=\"_ _5\"/>ndue<span class=\"_ _5\"/>s au sei<span class=\"_ _5\"/>n des ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cros<span class=\"_ _5\"/>s-<span class=\"_ _5\"/>Bor<span class=\"_ _5\"/>der. Il n<span class=\"_ _d\"/>'es<span class=\"_ _5\"/>t pas pr\u00e9<span class=\"_ _5\"/>vu qu'une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie du goo<span class=\"_ _5\"/>dwill s<span class=\"_ _5\"/>oit d\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ible \u00e0 de<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>s fis<span class=\"_ _5\"/>cale<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 hb y5f ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Acquisition d<span class=\"_ _d\"/>'Aldipress</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 30 s<span class=\"_ _5\"/>epte<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2, ap<span class=\"_ _5\"/>r\u00e8s app<span class=\"_ _5\"/>robat<span class=\"_ _5\"/>ion par l'auto<span class=\"_ _5\"/>rit\u00e9 n\u00e9<span class=\"_ _5\"/>erl<span class=\"_ _5\"/>andais<span class=\"_ _5\"/>e de la con<span class=\"_ _5\"/>curre<span class=\"_ _5\"/>nce, bp<span class=\"_ _5\"/>ost a f<span class=\"_ _5\"/>inali<span class=\"_ _5\"/>s\u00e9 l'acquis<span class=\"_ _5\"/>ition d<span class=\"_ _5\"/>e 100% d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns du</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uteur d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>se n\u00e9<span class=\"_ _5\"/>erl<span class=\"_ _5\"/>andais A<span class=\"_ _5\"/>ldipre<span class=\"_ _5\"/>ss p<span class=\"_ _5\"/>our un mon<span class=\"_ _5\"/>tant de 3<span class=\"_ _5\"/>,5 m<span class=\"_ _5\"/>EUR. A<span class=\"_ _5\"/>ldipre<span class=\"_ _5\"/>ss g\u00e8r<span class=\"_ _5\"/>e le proc<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>us logis<span class=\"_ _5\"/>tiqu<span class=\"_ _5\"/>e de dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ution p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vente<span class=\"_ _5\"/>s au d\u00e9<span class=\"_ _5\"/>tail. A<span class=\"_ _5\"/>ldipr<span class=\"_ _5\"/>ess a \u00e9<span class=\"_ _5\"/>t\u00e9 conso<span class=\"_ _5\"/>lid\u00e9<span class=\"_ _5\"/>e selon l<span class=\"_ _5\"/>a m\u00e9th<span class=\"_ _5\"/>ode d'int<span class=\"_ _5\"/>\u00e9grat<span class=\"_ _5\"/>ion comp<span class=\"_ _5\"/>l\u00e8te \u00e0 par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ir du 30 s<span class=\"_ _5\"/>eptemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2 et se<span class=\"_ _5\"/>ra incl<span class=\"_ _5\"/>use dans l'en<span class=\"_ _5\"/>ti-</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">t\u00e9 op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle Bel<span class=\"_ _5\"/>gium.  Le<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is de tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion li\u00e9<span class=\"_ _5\"/>s \u00e0 ce racha<span class=\"_ _5\"/>t sont in<span class=\"_ _5\"/>clus dan<span class=\"_ _5\"/>s les char<span class=\"_ _5\"/>ges d'exp<span class=\"_ _5\"/>loita<span class=\"_ _5\"/>tion de 2<span class=\"_ _5\"/>022<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 192px; height: 905px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 192px; height: 905px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill c<span class=\"_ _5\"/>alcul\u00e9 e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9 comme s<span class=\"_ _5\"/>uit :</div>\n<div class=\"t m0 x7 hc y925 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1b0\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></div>\n<div class=\"t m0 x7 hf y926 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">JUSTE V<span class=\"_ _d\"/>ALEUR DES ACTIF<span class=\"_ _d\"/>S ACQUIS ET DES DETTES REPRISES D<span class=\"_ _d\"/>ANS LES ENTIT\u00c9S ACHET\u00c9ES</div>\n<div class=\"t m0 xa4 hd y927 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc y928 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S NON CO<span class=\"_ _5\"/>UR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x8b h1b y929 ff7 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">0,4</div>\n<div class=\"t m0 x7 hd y92a ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> corporelles<span class=\"_ _1b1\"> </span><span class=\"ls18 ws1a\">0,4</span></div>\n<div class=\"t m0 x7 hc y92b ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIFS COURANT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x169 h1b y92c ff7 fs8 fc2 sc0 ls26 ws28\" style=\"z-index: 15;\">19,6</div>\n<div class=\"t m0 x7 hd y92d ff4 fs8 fc2 sc0 ls20 ws22\" style=\"z-index: 15;\">Stock<span class=\"_ _5\"/>s<span class=\"_ _1be\"> </span><span class=\"ls14 ws16\">4,4</span></div>\n<div class=\"t m0 x7 hd y92e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales et autres cr\u00e9ances<span class=\"_ _1bf\"> </span><span class=\"ls26 ws28\">13,5</span></div>\n<div class=\"t m0 x7 hd y92f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>t \u00e9qu<span class=\"_ _5\"/>ivale<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>e<span class=\"_ _1c0\"> </span><span class=\"ls1b ws1d\">1,7</span></div>\n<div class=\"t m0 x7 hc y930 ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">PASSIFS COURANTS</div>\n<div class=\"t m0 x16a h1b y931 ff7 fs8 fc2 sc0 lsd4 wsf5\" style=\"z-index: 15;\">(3<span class=\"_ _5\"/>8,7)</div>\n<div class=\"t m0 x7 hd y932 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Imp\u00f4t<span class=\"_ _5\"/>s sur le<span class=\"_ _d\"/> r\u00e9s<span class=\"_ _5\"/>ultat \u00e0 payer<span class=\"_ _1c1\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)</span></div>\n<div class=\"t m0 x7 hd y933 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s<span class=\"_ _1c2\"> </span><span class=\"ls1b ws1d\">(3<span class=\"_ _5\"/>8,7<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hf y934 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">P<span class=\"_ _d\"/>ASSIFS DIREC<span class=\"_ _d\"/>TEMENT LI\u00c9S AUX ACTIF<span class=\"_ _1\"/>S DESTIN\u00c9S \u00c0 LA VENTE</div>\n<div class=\"t m0 x5c h1b y935 ff7 fs8 fc3 sc0 ls45 ws4a\" style=\"z-index: 15;\">(18<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8)</div>\n<div class=\"t m0 x7 hd y936 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Goodwill suite \u00e0 l<span class=\"_ _d\"/>'acquisition<span class=\"_ _1b2\"> </span><span class=\"ls0 ws0\">22,<span class=\"_ _5\"/>3 </span></div>\n<div class=\"t m0 x7 hf y937 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CONTREP<span class=\"_ _1\"/>ARTIE D'<span class=\"_ _1\"/>ACHA<span class=\"_ _d\"/>T TRANSF\u00c9R\u00c9E</div>\n<div class=\"t m0 x8b h1b y938 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">3,5</div>\n<div class=\"t m0 x7 hd y939 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">dont:<span class=\"_ _1b8\"> </span><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hd y93a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Mon<span class=\"_ _5\"/>tant p<span class=\"_ _5\"/>ay\u00e9<span class=\"_ _1c3\"> </span><span class=\"ls26 ws28\">3,5</span></div>\n<div class=\"t m0 x7 hd y93b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Contrepart<span class=\"_ _5\"/>ie<span class=\"_ _d\"/> conditionnelle<span class=\"_ _1ba\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hc y93c ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AN<span class=\"_ _5\"/>ALYS<span class=\"_ _5\"/>E DES F<span class=\"_ _5\"/>LUX DE T<span class=\"_ _5\"/>R\u00c9S<span class=\"_ _5\"/>ORE<span class=\"_ _5\"/>RI<span class=\"_ _5\"/>E DES AC<span class=\"_ _5\"/>QUIS<span class=\"_ _5\"/>ITI<span class=\"_ _5\"/>ONS</div>\n<div class=\"t m0 xa4 hd y93d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hd y93e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te acqu<span class=\"_ _5\"/>ise de<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>liale<span class=\"_ _5\"/>s<span class=\"_ _1c4\"> </span><span class=\"ls1b ws1d\">1,7</span></div>\n<div class=\"t m0 x7 hd y93f ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Montant pay\u00e9<span class=\"_ _1c5\"> </span><span class=\"ls0 ws0\">(3,<span class=\"_ _5\"/>5)</span></div>\n<div class=\"t m0 x7 hf y940 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SORTIE NETTE DE TR\u00c9SOSERIE</div>\n<div class=\"t m0 x69 h1b y941 ff7 fs8 fc3 sc0 ls45 ws4a\" style=\"z-index: 15;\">(1<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>)</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s cr\u00e9an<span class=\"_ _5\"/>ces comm<span class=\"_ _5\"/>erciale<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>antes e<span class=\"_ _5\"/>t non cour<span class=\"_ _5\"/>antes s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st \u00e9l<span class=\"_ _5\"/>ev\u00e9e \u00e0 1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>5 mEUR et o<span class=\"_ _5\"/>n s'<span class=\"_ _d\"/>at<span class=\"_ _5\"/>tend \u00e0 ce qu<span class=\"_ _5\"/>e l\u2019int\u00e9g<span class=\"_ _5\"/>ralit\u00e9 d<span class=\"_ _5\"/>es mon<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>ts con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>ls pu<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>e \u00eatre col<span class=\"_ _5\"/>lec<span class=\"_ _5\"/>t\u00e9e.</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, Aldi<span class=\"_ _5\"/>pres<span class=\"_ _5\"/>s a contr<span class=\"_ _5\"/>ibu\u00e9 \u00e0 4,<span class=\"_ _5\"/>6 mEUR de re<span class=\"_ _5\"/>venus e<span class=\"_ _5\"/>t \u00e0 0,<span class=\"_ _d\"/>7 mEUR d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at avan<span class=\"_ _5\"/>t imp\u00f4t<span class=\"_ _5\"/>s des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s pour<span class=\"_ _5\"/>suiv<span class=\"_ _5\"/>ies du gr<span class=\"_ _5\"/>oupe. L<span class=\"_ _5\"/>es rev<span class=\"_ _5\"/>enus</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>Al<span class=\"_ _5\"/>dipre<span class=\"_ _5\"/>ss po<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>en<span class=\"_ _5\"/>semb<span class=\"_ _5\"/>le de l'ann\u00e9e 2<span class=\"_ _5\"/>022 s'\u00e9l\u00e8ve<span class=\"_ _5\"/>nt \u00e0 18,<span class=\"_ _5\"/>9 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill q<span class=\"_ _5\"/>ui en r\u00e9s<span class=\"_ _5\"/>ulte, d'un mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e 22,<span class=\"_ _5\"/>3 mEUR<span class=\"_ _5\"/>, d\u00e9cou<span class=\"_ _5\"/>le de la cro<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ance fu<span class=\"_ _5\"/>ture et de<span class=\"_ _5\"/>s sy<span class=\"_ _5\"/>nerg<span class=\"_ _5\"/>ies at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>ues au s<span class=\"_ _5\"/>ein de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s li\u00e9e<span class=\"_ _5\"/>s \u00e0</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la pre<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>e. Aucu<span class=\"_ _5\"/>ne par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>u good<span class=\"_ _5\"/>will ne de<span class=\"_ _5\"/>vrai<span class=\"_ _5\"/>t \u00eatre d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tible \u00e0 d<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>ins f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>les.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 462px; height: 620px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div class=\"t m0 x5 h1a y57 ffc fs11 fc2 sc0 ls3d ws6b\" style=\"z-index: 15;\">6.6 <span class=\"_ _3a\"> </span>Info<span class=\"_ _5\"/>rmations<span class=\"_ _5\"/> sec<span class=\"_ _5\"/>tor<span class=\"_ _5\"/>ielles</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 2021, l<span class=\"_ _5\"/>e Cons<span class=\"_ _5\"/>eil d'<span class=\"_ _d\"/>Adm<span class=\"_ _5\"/>inist<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ion de bp<span class=\"_ _5\"/>ost a ap<span class=\"_ _5\"/>prou<span class=\"_ _5\"/>v\u00e9 l'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>bitio<span class=\"_ _5\"/>n de bpos<span class=\"_ _5\"/>tgr<span class=\"_ _5\"/>oup de de<span class=\"_ _5\"/>venir un<span class=\"_ _5\"/>e entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e en cro<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ance en t<span class=\"_ _5\"/>ant qu'act<span class=\"_ _5\"/>eur</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e \u2013 co<span class=\"_ _5\"/>mmerce<span class=\"_ _5\"/>, tant e<span class=\"_ _5\"/>n Belg<span class=\"_ _5\"/>ique qu'en Euro<span class=\"_ _5\"/>pe et au<span class=\"_ _5\"/>x \u00c9tat<span class=\"_ _5\"/>s \u2013 Unis. \u00c0 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tir du 1er janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2, la s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uctu<span class=\"_ _5\"/>re inter<span class=\"_ _5\"/>ne de bp<span class=\"_ _5\"/>ost a \u00e9<span class=\"_ _5\"/>t\u00e9 modi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>i\u00e9e af<span class=\"_ _5\"/>in de fa<span class=\"_ _5\"/>ire fa<span class=\"_ _5\"/>ce \u00e0 cett<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>sfor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>n, ent<span class=\"_ _5\"/>re autr<span class=\"_ _5\"/>es par le r<span class=\"_ _5\"/>egrou<span class=\"_ _5\"/>peme<span class=\"_ _5\"/>nt de Parce<span class=\"_ _5\"/>ls et M<span class=\"_ _5\"/>ail &amp; Ret<span class=\"_ _5\"/>ail en une s<span class=\"_ _5\"/>eule e<span class=\"_ _5\"/>t m\u00eame e<span class=\"_ _5\"/>ntit\u00e9 op<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>nnelle<span class=\"_ _5\"/>, appe<span class=\"_ _5\"/>l\u00e9e Be<span class=\"_ _5\"/>lgium<span class=\"_ _5\"/>. Cela imp<span class=\"_ _5\"/>lique un<span class=\"_ _5\"/>e nouve<span class=\"_ _5\"/>lle st<span class=\"_ _5\"/>ruc<span class=\"_ _5\"/>ture e<span class=\"_ _5\"/>n term<span class=\"_ _5\"/>es d\u2019entit\u00e9<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>nnell<span class=\"_ _5\"/>es, ave<span class=\"_ _5\"/>c : Bel<span class=\"_ _5\"/>gium, E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eura<span class=\"_ _5\"/>sia et</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">E-Lo<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica, r<span class=\"_ _5\"/>empla<span class=\"_ _5\"/>\u00e7ant Mai<span class=\"_ _5\"/>l &amp; Retai<span class=\"_ _5\"/>l, Parce<span class=\"_ _5\"/>ls &amp; Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics Eur<span class=\"_ _5\"/>asia e<span class=\"_ _5\"/>t Parcel<span class=\"_ _5\"/>s &amp; Logi<span class=\"_ _5\"/>stic<span class=\"_ _5\"/>s No<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>h Ame<span class=\"_ _5\"/>ric<span class=\"_ _5\"/>a. Cet<span class=\"_ _5\"/>te no<span class=\"_ _5\"/>uvelle s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ure</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>rmet d<span class=\"_ _5\"/>e s\u2019<span class=\"_ _d\"/>at<span class=\"_ _5\"/>taq<span class=\"_ _5\"/>uer \u00e0 diff<span class=\"_ _5\"/>\u00e9rent<span class=\"_ _5\"/>s imp<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ifs s<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>\u00e9giqu<span class=\"_ _5\"/>es, n<span class=\"_ _5\"/>otamm<span class=\"_ _5\"/>ent \u00e0 la tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>forma<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ntit\u00e9 B<span class=\"_ _5\"/>elgiu<span class=\"_ _5\"/>m, la r\u00e9ali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on d'E-L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Eura<span class=\"_ _5\"/>sia et la cr<span class=\"_ _5\"/>oiss<span class=\"_ _5\"/>ance d'E-<span class=\"_ _5\"/>Logi<span class=\"_ _5\"/>stic<span class=\"_ _5\"/>s No<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>h Ame<span class=\"_ _5\"/>ric<span class=\"_ _5\"/>a. Elle pe<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>t \u00e9gale<span class=\"_ _5\"/>ment un<span class=\"_ _5\"/>e resp<span class=\"_ _5\"/>ons<span class=\"_ _5\"/>abilit\u00e9 du co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ats g<span class=\"_ _5\"/>lobal au ni<span class=\"_ _5\"/>veau de</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cha<span class=\"_ _5\"/>que ent<span class=\"_ _5\"/>it\u00e9 op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>nnell<span class=\"_ _5\"/>e. Les ch<span class=\"_ _5\"/>angeme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s sont lim<span class=\"_ _5\"/>it\u00e9s et co<span class=\"_ _5\"/>nsis<span class=\"_ _5\"/>tent au t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>fer<span class=\"_ _5\"/>t de<span class=\"_ _5\"/>s Dome<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ic parcel<span class=\"_ _5\"/>s de Par<span class=\"_ _5\"/>cels &amp; L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Euras<span class=\"_ _5\"/>ia</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>s Belg<span class=\"_ _5\"/>ium, \u00e0 c\u00f4t\u00e9 d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuel M<span class=\"_ _5\"/>ail &amp; Ret<span class=\"_ _5\"/>ail. Pa<span class=\"_ _5\"/>r ailleur<span class=\"_ _5\"/>s, il s\u2019agit d<span class=\"_ _5\"/>e regro<span class=\"_ _5\"/>uper D<span class=\"_ _5\"/>ynalo<span class=\"_ _5\"/>gic et D<span class=\"_ _5\"/>ynas<span class=\"_ _5\"/>ure avec Ra<span class=\"_ _5\"/>dial Euro<span class=\"_ _5\"/>pe, Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s, Le<span class=\"_ _5\"/>en</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Men<span class=\"_ _5\"/>ken et D<span class=\"_ _5\"/>ynaf<span class=\"_ _5\"/>ix au se<span class=\"_ _5\"/>in d\u2019E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eura<span class=\"_ _5\"/>sia.</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st op<span class=\"_ _5\"/>\u00e8re au t<span class=\"_ _5\"/>raver<span class=\"_ _5\"/>s de tro<span class=\"_ _5\"/>is enti<span class=\"_ _5\"/>t\u00e9s op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lles et d'en<span class=\"_ _5\"/>tit\u00e9s d<span class=\"_ _5\"/>e suppo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>t fourn<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ant des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s \u00e0 ces en<span class=\"_ _5\"/>tit\u00e9s o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>L<span class=\"_ _3b\"/>'ent<span class=\"_ _5\"/>it\u00e9 op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lle Belg<span class=\"_ _5\"/>ium sup<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vis<span class=\"_ _5\"/>e les ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s com<span class=\"_ _5\"/>merc<span class=\"_ _5\"/>iales li\u00e9<span class=\"_ _5\"/>es au co<span class=\"_ _5\"/>urri<span class=\"_ _5\"/>er tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>onnel (<span class=\"_ _5\"/>T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ional mai<span class=\"_ _5\"/>l)<span class=\"_ _d\"/>, au co<span class=\"_ _5\"/>urri<span class=\"_ _5\"/>er pub<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lici<span class=\"_ _5\"/>taire (<span class=\"_ _5\"/>Adve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ising ma<span class=\"_ _5\"/>il)<span class=\"_ _d\"/>, \u00e0 la p<span class=\"_ _5\"/>res<span class=\"_ _5\"/>se (Pres<span class=\"_ _5\"/>s) et aux co<span class=\"_ _5\"/>lis (Parcel<span class=\"_ _5\"/>s Be<span class=\"_ _5\"/>lgium), ainsi qu<span class=\"_ _5\"/>e les ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s op<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elles d<span class=\"_ _5\"/>e collec<span class=\"_ _5\"/>te, tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t,</div>\n<div class=\"t m0 x2a h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>i et dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n du courr<span class=\"_ _5\"/>ier ad<span class=\"_ _5\"/>res<span class=\"_ _5\"/>s\u00e9 et no<span class=\"_ _5\"/>n adre<span class=\"_ _5\"/>ss\u00e9<span class=\"_ _5\"/>, des do<span class=\"_ _5\"/>cumen<span class=\"_ _5\"/>ts imp<span class=\"_ _5\"/>rim\u00e9<span class=\"_ _5\"/>s, de<span class=\"_ _5\"/>s jour<span class=\"_ _5\"/>naux<span class=\"_ _5\"/>, des p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>dique<span class=\"_ _5\"/>s et des co<span class=\"_ _5\"/>lis en B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue. En</div>\n<div class=\"t m0 x2a h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">out<span class=\"_ _5\"/>re, Be<span class=\"_ _5\"/>lgium off<span class=\"_ _5\"/>re des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces \u00e0 vale<span class=\"_ _5\"/>ur ajout<span class=\"_ _5\"/>\u00e9e (<span class=\"_ _5\"/>Value add<span class=\"_ _5\"/>ed se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices), inclu<span class=\"_ _5\"/>ant la ges<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de docu<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s et le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s conne<span class=\"_ _5\"/>xes<span class=\"_ _5\"/>, ainsi</div>\n<div class=\"t m0 x2a h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que la v<span class=\"_ _5\"/>ente au d\u00e9<span class=\"_ _5\"/>tail de p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts de p<span class=\"_ _5\"/>roximi<span class=\"_ _5\"/>t\u00e9 et de con<span class=\"_ _5\"/>for<span class=\"_ _5\"/>t (Proximi<span class=\"_ _5\"/>ty &amp; co<span class=\"_ _5\"/>nvenie<span class=\"_ _5\"/>nce ret<span class=\"_ _5\"/>ail net<span class=\"_ _5\"/>wor<span class=\"_ _5\"/>k), par l'inter<span class=\"_ _5\"/>m\u00e9<span class=\"_ _5\"/>diaire de s<span class=\"_ _5\"/>on r\u00e9s<span class=\"_ _5\"/>eau de</div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vente a<span class=\"_ _5\"/>u d\u00e9t<span class=\"_ _5\"/>ail en Be<span class=\"_ _5\"/>lgiqu<span class=\"_ _5\"/>e, compo<span class=\"_ _5\"/>s\u00e9 de bur<span class=\"_ _5\"/>eaux de p<span class=\"_ _5\"/>oste e<span class=\"_ _5\"/>t de po<span class=\"_ _5\"/>ints p<span class=\"_ _5\"/>oste<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>\u2019<span class=\"_ _d\"/>en<span class=\"_ _5\"/>tit\u00e9 ven<span class=\"_ _5\"/>d \u00e9gale<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s banc<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>t fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs,</div>\n<div class=\"t m0 x2a h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans \u00ab<span class=\"_ _5\"/>Proximi<span class=\"_ _5\"/>ty an<span class=\"_ _5\"/>d conveni<span class=\"_ _5\"/>ence re<span class=\"_ _5\"/>tail ne<span class=\"_ _5\"/>two<span class=\"_ _5\"/>rk\u00bb, en ve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tu d\u2019un contr<span class=\"_ _5\"/>at d'agence co<span class=\"_ _5\"/>nclu ave<span class=\"_ _5\"/>c bpos<span class=\"_ _5\"/>t banq<span class=\"_ _5\"/>ue et AG Ins<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ce. Cet<span class=\"_ _5\"/>te ent<span class=\"_ _5\"/>it\u00e9</div>\n<div class=\"t m0 x2a h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle ass<span class=\"_ _5\"/>ume \u00e9ga<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nt des S<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s d'Int\u00e9r<span class=\"_ _5\"/>\u00eat Econo<span class=\"_ _5\"/>mique G<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>al pou<span class=\"_ _5\"/>r le compte de l'<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge (SIEG)<span class=\"_ _d\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 72px; height: 350px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 72px; height: 1010px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>L<span class=\"_ _3b\"/>'ent<span class=\"_ _5\"/>it\u00e9 op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lle E-Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics Eur<span class=\"_ _5\"/>asia su<span class=\"_ _5\"/>per<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>se les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s et op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>les li\u00e9<span class=\"_ _5\"/>es \u00e0 la log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ique de l\u2019ecom<span class=\"_ _5\"/>merce</div>\n<div class=\"t m0 x2a h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(fulf<span class=\"_ _5\"/>ilme<span class=\"_ _5\"/>nt, man<span class=\"_ _5\"/>utenti<span class=\"_ _5\"/>on, dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n et ges<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des re<span class=\"_ _5\"/>tours) (E-<span class=\"_ _5\"/>commer<span class=\"_ _5\"/>ce Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s) et aux e<span class=\"_ _5\"/>nvois tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>front<span class=\"_ _5\"/>alier<span class=\"_ _5\"/>s (entr<span class=\"_ _5\"/>ant, s<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant e<span class=\"_ _5\"/>t ser-</div>\n<div class=\"t m0 x2a h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vice<span class=\"_ _5\"/>s d'impo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n<span class=\"_ _d\"/>) po<span class=\"_ _5\"/>ur les col<span class=\"_ _5\"/>is en Europ<span class=\"_ _5\"/>e et en A<span class=\"_ _5\"/>sie e<span class=\"_ _5\"/>t pour l<span class=\"_ _5\"/>e courr<span class=\"_ _5\"/>ier inte<span class=\"_ _5\"/>rnati<span class=\"_ _5\"/>onal dan<span class=\"_ _5\"/>s le mond<span class=\"_ _5\"/>e entie<span class=\"_ _5\"/>r<span class=\"_ _d\"/>. Cet<span class=\"_ _5\"/>te ent<span class=\"_ _5\"/>it\u00e9 op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle</div>\n<div class=\"t m0 x2a h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">g\u00e8re p<span class=\"_ _5\"/>lusie<span class=\"_ _5\"/>urs cen<span class=\"_ _5\"/>tres d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s \u00e0 trave<span class=\"_ _5\"/>rs l\u2019<span class=\"_ _5\"/>Europe<span class=\"_ _5\"/>. Dyna<span class=\"_ _5\"/>Group, R<span class=\"_ _5\"/>adial<span class=\"_ _5\"/>, Act<span class=\"_ _5\"/>ive An<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>, Leen M<span class=\"_ _5\"/>enken e<span class=\"_ _5\"/>t les ent<span class=\"_ _5\"/>it\u00e9s e<span class=\"_ _5\"/>urop\u00e9<span class=\"_ _5\"/>enne<span class=\"_ _5\"/>s et as<span class=\"_ _5\"/>iatique<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de L<span class=\"_ _5\"/>andmar<span class=\"_ _5\"/>k Glob<span class=\"_ _5\"/>al en font p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie.</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>L<span class=\"_ _3b\"/>'ent<span class=\"_ _5\"/>it\u00e9 op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lle E-Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eric<span class=\"_ _5\"/>a es<span class=\"_ _5\"/>t charg<span class=\"_ _5\"/>\u00e9e des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s et op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>les li\u00e9<span class=\"_ _5\"/>es \u00e0 la log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ique de l\u2019e-<span class=\"_ _5\"/>com<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mer<span class=\"_ _5\"/>ce (fulf<span class=\"_ _5\"/>ilment<span class=\"_ _5\"/>, manute<span class=\"_ _5\"/>ntio<span class=\"_ _5\"/>n et dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ution<span class=\"_ _5\"/>, ges<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s reto<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>, ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce \u00e0 la clien<span class=\"_ _5\"/>t\u00e8le et s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s techn<span class=\"_ _5\"/>ologi<span class=\"_ _5\"/>ques \u00e0 va<span class=\"_ _5\"/>leur ajo<span class=\"_ _5\"/>ut\u00e9e) en</div>\n<div class=\"t m0 x2a h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>\u00e9riq<span class=\"_ _5\"/>ue du Nor<span class=\"_ _5\"/>d et en Au<span class=\"_ _5\"/>str<span class=\"_ _5\"/>alie et a<span class=\"_ _5\"/>ux colis t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>fro<span class=\"_ _5\"/>ntalie<span class=\"_ _5\"/>rs et a<span class=\"_ _5\"/>u courr<span class=\"_ _5\"/>ier inte<span class=\"_ _5\"/>rnat<span class=\"_ _5\"/>ional en A<span class=\"_ _5\"/>m\u00e9r<span class=\"_ _5\"/>ique du N<span class=\"_ _5\"/>ord. L<span class=\"_ _5\"/>es ent<span class=\"_ _5\"/>it\u00e9s no<span class=\"_ _5\"/>rd-a<span class=\"_ _5\"/>m\u00e9ri<span class=\"_ _5\"/>c-</div>\n<div class=\"t m0 x2a h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aine<span class=\"_ _5\"/>s de La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k Globa<span class=\"_ _5\"/>l et Radia<span class=\"_ _5\"/>l Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica fon<span class=\"_ _5\"/>t par<span class=\"_ _5\"/>tie de ce<span class=\"_ _5\"/>tte e<span class=\"_ _5\"/>ntit\u00e9 o<span class=\"_ _5\"/>p\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elle.</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les e<span class=\"_ _5\"/>ntit\u00e9<span class=\"_ _5\"/>s Corp<span class=\"_ _5\"/>ora<span class=\"_ _5\"/>te et et de s<span class=\"_ _5\"/>uppor<span class=\"_ _5\"/>t (Co<span class=\"_ _5\"/>rpor<span class=\"_ _5\"/>ate) se com<span class=\"_ _5\"/>pose<span class=\"_ _5\"/>nt de tro<span class=\"_ _5\"/>is enti<span class=\"_ _5\"/>t\u00e9s de sup<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t et d<span class=\"_ _5\"/>e l'unit\u00e9 Cor<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ate. Le<span class=\"_ _5\"/>s entit\u00e9<span class=\"_ _5\"/>s de supp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">offr<span class=\"_ _5\"/>ent, e<span class=\"_ _5\"/>n tant q<span class=\"_ _5\"/>ue four<span class=\"_ _5\"/>niss<span class=\"_ _5\"/>eur uniq<span class=\"_ _5\"/>ue, de<span class=\"_ _5\"/>s solut<span class=\"_ _5\"/>ions d'aff<span class=\"_ _5\"/>aires a<span class=\"_ _5\"/>ux troi<span class=\"_ _5\"/>s entit<span class=\"_ _5\"/>\u00e9s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>les et \u00e0 l'ent<span class=\"_ _5\"/>it\u00e9 Cor<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ate. Elles co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>nent le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yb0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>ts F<span class=\"_ _5\"/>inance &amp; Ac<span class=\"_ _5\"/>counting<span class=\"_ _5\"/>, Huma<span class=\"_ _5\"/>n Reso<span class=\"_ _5\"/>urces e<span class=\"_ _5\"/>t Ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice Ope<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>ons, I<span class=\"_ _5\"/>CT &amp; Dig<span class=\"_ _5\"/>ital<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'enti<span class=\"_ _5\"/>t\u00e9 Corp<span class=\"_ _5\"/>orat<span class=\"_ _5\"/>e compre<span class=\"_ _5\"/>nd les d<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yb1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Str<span class=\"_ _5\"/>ateg<span class=\"_ _5\"/>y, Merge<span class=\"_ _5\"/>r &amp; Acquis<span class=\"_ _5\"/>ition<span class=\"_ _5\"/>s, Leg<span class=\"_ _5\"/>al, Reg<span class=\"_ _5\"/>ulator<span class=\"_ _5\"/>y e<span class=\"_ _5\"/>t Corp<span class=\"_ _5\"/>orat<span class=\"_ _5\"/>e Secr<span class=\"_ _5\"/>etar<span class=\"_ _5\"/>y. L<span class=\"_ _1\"/>'EBIT g<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>\u00e9 par les e<span class=\"_ _5\"/>ntit\u00e9<span class=\"_ _5\"/>s de supp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t refa<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>\u00e9 aux 3 ent<span class=\"_ _5\"/>it\u00e9s</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lles en t<span class=\"_ _5\"/>ant que c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation (OPE<span class=\"_ _5\"/>X<span class=\"_ _5\"/>) alors q<span class=\"_ _5\"/>ue les am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s res<span class=\"_ _5\"/>tent au s<span class=\"_ _5\"/>ein de l\u2019entit<span class=\"_ _5\"/>\u00e9 Corp<span class=\"_ _5\"/>orate<span class=\"_ _5\"/>. Les re<span class=\"_ _5\"/>venus</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">g\u00e9n<span class=\"_ _5\"/>\u00e9r\u00e9s pa<span class=\"_ _5\"/>r les unit<span class=\"_ _5\"/>\u00e9s de sup<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t, y co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s les ven<span class=\"_ _5\"/>tes de b\u00e2t<span class=\"_ _5\"/>iment<span class=\"_ _5\"/>s<span class=\"_ _5\"/>, sont pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9s dan<span class=\"_ _5\"/>s Corp<span class=\"_ _5\"/>orate<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Comm<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t ide<span class=\"_ _5\"/>ntif<span class=\"_ _5\"/>ie son C<span class=\"_ _5\"/>EO comme le pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>al d\u00e9ci<span class=\"_ _5\"/>deur op<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>el (\"CODM<span class=\"_ _5\"/>\")<span class=\"_ _d\"/>, le<span class=\"_ _5\"/>s sec<span class=\"_ _5\"/>teur<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>s sur les in<span class=\"_ _5\"/>forma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y203 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns four<span class=\"_ _5\"/>nies a<span class=\"_ _5\"/>u CEO<span class=\"_ _d\"/>. bp<span class=\"_ _5\"/>ost c<span class=\"_ _5\"/>alcule s<span class=\"_ _5\"/>on b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ice d'explo<span class=\"_ _5\"/>itat<span class=\"_ _5\"/>ion (EBIT<span class=\"_ _5\"/>) au nivea<span class=\"_ _5\"/>u des s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>teurs e<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t \u00e9valu\u00e9 d<span class=\"_ _5\"/>e mani\u00e8<span class=\"_ _5\"/>re coh\u00e9r<span class=\"_ _5\"/>ente ave<span class=\"_ _5\"/>c les</div>\n<div class=\"t m0 x5 h8 y204 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ives com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>les de<span class=\"_ _5\"/>s \u00e9tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers (IFR<span class=\"_ _5\"/>S). Les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s et les p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs ne s<span class=\"_ _5\"/>ont pas p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt\u00e9s pa<span class=\"_ _5\"/>r sec<span class=\"_ _5\"/>teur au CO<span class=\"_ _5\"/>DM.</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Auc<span class=\"_ _5\"/>un sec<span class=\"_ _5\"/>teur o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ationn<span class=\"_ _5\"/>el n\u2019<span class=\"_ _d\"/>a \u00e9t<span class=\"_ _5\"/>\u00e9 regro<span class=\"_ _5\"/>up\u00e9 po<span class=\"_ _5\"/>ur form<span class=\"_ _5\"/>er les e<span class=\"_ _5\"/>ntit\u00e9<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>nnelle<span class=\"_ _5\"/>s publi<span class=\"_ _5\"/>\u00e9s ci<span class=\"_ _5\"/>-de<span class=\"_ _5\"/>ssu<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y208 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es et pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s four<span class=\"_ _5\"/>nis en<span class=\"_ _5\"/>tre ent<span class=\"_ _5\"/>it\u00e9s jur<span class=\"_ _5\"/>idiqu<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>nt sans li<span class=\"_ _5\"/>en de d\u00e9<span class=\"_ _5\"/>pend<span class=\"_ _5\"/>ance alor<span class=\"_ _5\"/>s que le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices et p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts fo<span class=\"_ _5\"/>urnis e<span class=\"_ _5\"/>ntre en<span class=\"_ _5\"/>tit\u00e9s</div>\n<div class=\"t m0 x5 h8 y209 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lles de la m<span class=\"_ _5\"/>\u00eame en<span class=\"_ _5\"/>tit\u00e9 jur<span class=\"_ _5\"/>idique s<span class=\"_ _5\"/>ont ba<span class=\"_ _5\"/>s\u00e9s su<span class=\"_ _5\"/>r des co\u00fbt<span class=\"_ _5\"/>s mar<span class=\"_ _5\"/>ginau<span class=\"_ _5\"/>x. Le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces fou<span class=\"_ _5\"/>rnis pa<span class=\"_ _5\"/>r les ent<span class=\"_ _5\"/>it\u00e9s de s<span class=\"_ _5\"/>uppor<span class=\"_ _5\"/>t a<span class=\"_ _5\"/>ux enti<span class=\"_ _5\"/>t\u00e9s</div>\n<div class=\"t m0 x5 h8 y20a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lles d\u2019une m<span class=\"_ _5\"/>\u00eame en<span class=\"_ _5\"/>tit\u00e9 jur<span class=\"_ _5\"/>idique s<span class=\"_ _5\"/>ont bas<span class=\"_ _5\"/>\u00e9s sur l<span class=\"_ _5\"/>e co\u00fbt tota<span class=\"_ _5\"/>l.</div>\n<div class=\"t m0 x5 h8 y3ce ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cor<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ate trea<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>y, co-<span class=\"_ _5\"/>entr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises<span class=\"_ _5\"/>, entr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>s et imp<span class=\"_ _5\"/>\u00f4ts s<span class=\"_ _5\"/>ont g\u00e9r<span class=\"_ _5\"/>\u00e9s cent<span class=\"_ _5\"/>rale<span class=\"_ _5\"/>ment p<span class=\"_ _5\"/>our le gro<span class=\"_ _5\"/>upe. Le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>r net<span class=\"_ _5\"/>, l\u2019imp\u00f4t</div>\n<div class=\"t m0 x5 h8 y3cf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at et la qu<span class=\"_ _5\"/>ote-<span class=\"_ _5\"/>par<span class=\"_ _5\"/>t dans l<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at des e<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9es e<span class=\"_ _5\"/>t co-<span class=\"_ _5\"/>en<span class=\"_ _5\"/>trepr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s ne so<span class=\"_ _5\"/>nt publi\u00e9<span class=\"_ _5\"/>s qu\u2019au niveau d<span class=\"_ _5\"/>u group<span class=\"_ _5\"/>e.</div>\n\n<div class=\"t m0 x5 h8 y784 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>ablea<span class=\"_ _5\"/>ux suiv<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s pr\u00e9s<span class=\"_ _5\"/>enten<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>ape<span class=\"_ _5\"/>r\u00e7u de<span class=\"_ _5\"/>s r\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s par se<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>ur op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>nnel :</div>\n<div class=\"t m0 x5 hb y95 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 xec hc y942 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">BELGIUM<span class=\"_ _84\"> </span><span class=\"ff7\">E-LOGISTIC<span class=\"_ _d\"/>S EURASIA</span></div>\n<div class=\"t m0 x16b hc y943 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">E-LOGIS<span class=\"_ _d\"/>TICS <span class=\"ff5\"> </span></div>\n<div class=\"t m0 x4f hc y942 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">NORTH AMERICA<span class=\"_ _79\"> </span><span class=\"ff5\">CORPORA<span class=\"_ _1\"/>TE<span class=\"_ _1c6\"> </span>\u00c9LIMINA<span class=\"_ _1\"/>TIONS<span class=\"_ _10f\"> </span>GROUP</span></div>\n<div class=\"t m0 x7 hc y944 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _109\"> </span><span class=\"ff7 fc0 lse ws10\">202<span class=\"_ _5\"/>2<span class=\"_ _ab\"> </span><span class=\"fc2 lsf ws11\">20<span class=\"_ _5\"/>21<span class=\"_ _ab\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _e3\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _e3\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _e3\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _e3\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y945 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y946 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">d'exploitation</div>\n<div class=\"t m0 x7 hd y947 ff4 fs8 fc2 sc0 ls4a ws54\" style=\"z-index: 15;\">ex<span class=\"_ _5\"/>terne<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 xde hd y948 ff4 fs8 fc2 sc0 ls90 wsa4\" style=\"z-index: 15;\">2.<span class=\"_ _5\"/>140<span class=\"_ _5\"/>,6<span class=\"_ _8c\"> </span><span class=\"ls18 ws1a\">2.2<span class=\"_ _5\"/>50,8<span class=\"_ _88\"> </span><span class=\"ls4a ws54\">59<span class=\"_ _5\"/>0,5<span class=\"_ _8d\"> </span><span class=\"ls9c ws4f\">611,<span class=\"_ _5\"/>5<span class=\"_ _8c\"> </span><span class=\"ls5a ws6e\">1.6<span class=\"_ _5\"/>55,9<span class=\"_ _75\"> </span></span></span></span>1.453,<span class=\"_ _5\"/>9<span class=\"_ _8e\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>5<span class=\"_ _8e\"> </span><span class=\"ls28 ws2a\">18,9<span class=\"_ _74\"> </span></span></span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _db\"> </span><span class=\"ls12 ws14\">4<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _2\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5<span class=\"_ _75\"> </span><span class=\"ls13 ws15\">4.335,1</span></span></span></div>\n<div class=\"t m0 x7 hd y949 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y94a ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">d'exploitat<span class=\"_ _5\"/>ion inter<span class=\"_ _d\"/>-</div>\n<div class=\"t m0 x7 hd y94b ff4 fs8 fc2 sc0 ls4a ws54\" style=\"z-index: 15;\">sec<span class=\"_ _5\"/>teurs</div>\n<div class=\"t m0 x11 hd y94c ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">52<span class=\"_ _5\"/>,7<span class=\"_ _71\"> </span><span class=\"ls17 ws19\">59,<span class=\"_ _5\"/>8<span class=\"_ _e3\"> </span><span class=\"ls28 ws2a\">2<span class=\"_ _5\"/>3,6<span class=\"_ _8e\"> </span><span class=\"ls20 ws22\">26,2<span class=\"_ _e7\"> </span></span></span></span>5,7<span class=\"_ _74\"> </span><span class=\"ls7 ws8\">5,9<span class=\"_ _8d\"> </span></span>3<span class=\"_ _5\"/>93<span class=\"_ _5\"/>,7<span class=\"_ _66\"> </span><span class=\"ls12 ws14\">4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _14\"> </span><span class=\"ls90 wsa4\">(475,6<span class=\"_ _5\"/>)<span class=\"_ _14a\"> </span></span></span>(4<span class=\"_ _5\"/>9<span class=\"_ _5\"/>9,7)<span class=\"_ _74\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _74\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf y94d ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PRODUITS</div>\n<div class=\"t m0 x7 hf y94e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">D'EXPLOIT<span class=\"_ _1\"/>A<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 xc8 h1b y94f ff7 fs8 fc3 sc0 ls4a ws54\" style=\"z-index: 15;\">2.<span class=\"_ _5\"/>193,<span class=\"_ _5\"/>3<span class=\"_ _70\"> </span><span class=\"ls20 ws22\">2.<span class=\"_ _5\"/>310,6<span class=\"_ _1c7\"> </span><span class=\"ls14 ws16\">614,<span class=\"_ _5\"/>1<span class=\"_ _39\"> </span><span class=\"lsd2 wsf2\">6<span class=\"_ _5\"/>3<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>7<span class=\"_ _114\"> </span></span>1.6<span class=\"_ _5\"/>61,6<span class=\"_ _70\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.459,<span class=\"_ _5\"/>8<span class=\"_ _e5\"> </span><span class=\"ls1d ws1f\">4<span class=\"_ _5\"/>04,2<span class=\"_ _1c7\"> </span><span class=\"lsd4 wsf5\">4<span class=\"_ _5\"/>26<span class=\"_ _5\"/>,7<span class=\"_ _8c\"> </span>(475<span class=\"_ _5\"/>,6)<span class=\"_ _8c\"> </span>(4<span class=\"_ _5\"/>99,7<span class=\"_ _5\"/>)<span class=\"_ _114\"> </span><span class=\"lsd2 wsf2\">4<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5<span class=\"_ _114\"> </span><span class=\"ls1f ws21\">4.3<span class=\"_ _5\"/>35,1</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y950 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges</div>\n<div class=\"t m0 x7 hd y951 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">d'exploitation</div>\n<div class=\"t m0 xde hd y950 ff4 fs8 fc2 sc0 ls23 ws25\" style=\"z-index: 15;\">1<span class=\"_ _5\"/>.914<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5<span class=\"_ _75\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.975,6<span class=\"_ _8d\"> </span><span class=\"ls9c ws4f\">561<span class=\"_ _5\"/>,5<span class=\"_ _88\"> </span><span class=\"ls2e ws30\">568,5<span class=\"_ _8c\"> </span><span class=\"ls16 ws18\">1.<span class=\"_ _5\"/>481,<span class=\"_ _5\"/>5<span class=\"_ _67\"> </span><span class=\"ls14 ws16\">1.<span class=\"_ _5\"/>30<span class=\"_ _5\"/>4,9<span class=\"_ _88\"> </span><span class=\"ls25 ws27\">363,0<span class=\"_ _88\"> </span><span class=\"ls18 ws1a\">38<span class=\"_ _5\"/>0,2<span class=\"_ _85\"> </span><span class=\"ls90 wsa4\">(475<span class=\"_ _5\"/>,6)<span class=\"_ _85\"> </span><span class=\"ls1b ws1d\">(4<span class=\"_ _5\"/>99,7<span class=\"_ _5\"/>)<span class=\"_ _8c\"> </span></span></span></span></span>3.84<span class=\"_ _5\"/>4,9<span class=\"_ _75\"> </span><span class=\"ls2f ws31\">3<span class=\"_ _5\"/>.7<span class=\"_ _5\"/>29<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y952 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9<span class=\"_ _5\"/>pr\u00e9c<span class=\"_ _5\"/>iati<span class=\"_ _5\"/>ons \u2013</div>\n<div class=\"t m0 x7 hd y953 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements</div>\n<div class=\"t m0 x11 hd y952 ff4 fs8 fc2 sc0 ls16 ws18\" style=\"z-index: 15;\">81,0<span class=\"_ _8e\"> </span><span class=\"ls14 ws16\">8<span class=\"_ _5\"/>4,1<span class=\"_ _e3\"> </span><span class=\"ls1d ws1f\">28,<span class=\"_ _5\"/>3<span class=\"_ _8e\"> </span><span class=\"ls1a ws1c\">24,6<span class=\"_ _8d\"> </span><span class=\"ls1b ws1d\">1<span class=\"_ _5\"/>0<span class=\"_ _5\"/>4,7<span class=\"_ _8e\"> </span></span></span></span>8<span class=\"_ _5\"/>4,0<span class=\"_ _8e\"> </span><span class=\"ls20 ws22\">75,2<span class=\"_ _71\"> </span>75,0<span class=\"_ _74\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _88\"> </span><span class=\"ls1d ws1f\">289,3<span class=\"_ _66\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf y954 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00c9SUL<span class=\"_ _3b\"/>TA<span class=\"_ _1\"/>T</div>\n<div class=\"t m0 x7 hf y955 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u2019EXPLOIT<span class=\"_ _1\"/>A<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x7 hf y956 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">(EBIT)</div>\n<div class=\"t m0 x16c h1b y957 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">1<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _1c7\"> </span><span class=\"ls14 ws16\">2<span class=\"_ _5\"/>50,9<span class=\"_ _e1\"> </span><span class=\"ls1d ws1f\">24,<span class=\"_ _5\"/>3<span class=\"_ _86\"> </span><span class=\"ls26 ws28\">4<span class=\"_ _5\"/>4,6<span class=\"_ _e1\"> </span><span class=\"ls43 ws4d\">75,<span class=\"_ _5\"/>4<span class=\"_ _e1\"> </span><span class=\"ls18 ws1a\">70,<span class=\"_ _5\"/>9<span class=\"_ _df\"> </span><span class=\"lsd8 wsfa\">(34,1<span class=\"_ _1\"/>)<span class=\"_ _df\"> </span><span class=\"ls90 wsa4\">(2<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _43\"> </span><span class=\"ls14 ws16\">0,<span class=\"_ _5\"/>0<span class=\"_ _6e\"> </span>0,0<span class=\"_ _18b\"> </span><span class=\"ls7 ws8\">26<span class=\"_ _5\"/>3,3<span class=\"_ _18b\"> </span><span class=\"ls1d ws1f\">338,0</span></span></span></span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y958 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Qu<span class=\"_ _5\"/>ote \u2013 par<span class=\"_ _5\"/>t dan<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y959 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>at des</div>\n<div class=\"t m0 x7 hd y95a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">entrepris<span class=\"_ _5\"/>es associ\u00e9es</div>\n<div class=\"t m0 x16d hd y95b ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _72\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _72\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _72\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0</div>\n<div class=\"t m0 x7 hd y95c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9\u00e9valuation d'actifs</div>\n<div class=\"t m0 x7 hd y95d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>n\u00e9s \u00e0 la v<span class=\"_ _5\"/>ente</div>\n<div class=\"t m0 x7 hd y95e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 la ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur</div>\n<div class=\"t m0 x7 hd y95f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dimi<span class=\"_ _5\"/>nu\u00e9e<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y960 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la v<span class=\"_ _5\"/>ente</div>\n<div class=\"t m0 x16e hd y961 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(1,<span class=\"_ _5\"/>0)<span class=\"_ _8e\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _5\"/>)<span class=\"_ _e7\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _e3\"> </span><span class=\"ls17 ws19\">1<span class=\"_ _5\"/>9,5<span class=\"_ _74\"> </span></span></span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _e3\"> </span></span></span>(1,<span class=\"_ _5\"/>2)<span class=\"_ _71\"> </span><span class=\"ls3b ws43\">12,1</span></div>\n<div class=\"t m0 x7 hd y962 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9sultat financier<span class=\"_ _94\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _8e\"> </span>30,<span class=\"_ _5\"/>3<span class=\"_ _89\"> </span><span class=\"ls22 ws24\">(16<span class=\"_ _5\"/>,4)</span></span></div>\n<div class=\"t m0 x7 hd y963 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Imp\u00f4t<span class=\"_ _5\"/>s sur le<span class=\"_ _d\"/> r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _84\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _72\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _e3\"> </span>6<span class=\"_ _5\"/>0,8<span class=\"_ _e3\"> </span><span class=\"ls26 ws28\">83,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hf y964 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00c9SUL<span class=\"_ _3b\"/>TA<span class=\"_ _1\"/>T DE L<span class=\"_ _1\"/>\u2019<span class=\"_ _1\"/>ANN\u00c9E</div>\n<div class=\"t m0 x7 hf y965 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">(EA<span class=\"_ _1\"/>T)</div>\n<div class=\"t m0 x113 h1b y966 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">19<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,7<span class=\"_ _18b\"> </span><span class=\"ls25 ws27\">243,5<span class=\"_ _e1\"> </span><span class=\"ls1d ws1f\">24,<span class=\"_ _5\"/>3<span class=\"_ _e1\"> </span><span class=\"ls26 ws28\">44,6<span class=\"_ _e1\"> </span><span class=\"ls43 ws4d\">75<span class=\"_ _5\"/>,4<span class=\"_ _e1\"> </span><span class=\"ls18 ws1a\">70<span class=\"_ _5\"/>,9<span class=\"_ _df\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3)<span class=\"_ _87\"> </span>(8<span class=\"_ _5\"/>,9)<span class=\"_ _72\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _43\"> </span>0,0<span class=\"_ _1c7\"> </span></span></span></span></span></span></span></span>2<span class=\"_ _5\"/>31<span class=\"_ _5\"/>,7<span class=\"_ _18b\"> </span><span class=\"ls14 ws16\">25<span class=\"_ _5\"/>0,2</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 96px; height: 536px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 96px; height: 986px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 96px; height: 986px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>ablea<span class=\"_ _5\"/>ux pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>s ci \u2013 des<span class=\"_ _5\"/>so<span class=\"_ _5\"/>us four<span class=\"_ _5\"/>niss<span class=\"_ _5\"/>ent une v<span class=\"_ _5\"/>ue d\u00e9t<span class=\"_ _5\"/>aill\u00e9<span class=\"_ _5\"/>e du reve<span class=\"_ _5\"/>nu de bpo<span class=\"_ _5\"/>st en f<span class=\"_ _5\"/>onc<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s avec le<span class=\"_ _5\"/>s client<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y4ba ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _1c8\"> </span><span class=\"ff7\">PRODUITS D'EXPL<span class=\"_ _d\"/>OITA<span class=\"_ _1\"/>TION EXTERNES<span class=\"_ _1c9\"> </span>CHIFFRE D'<span class=\"_ _1\"/>AFFAIRES</span></div>\n<div class=\"t m0 x7 hc y967 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _18a\"> </span><span class=\"ff7 fc0 lse ws10\">202<span class=\"_ _5\"/>2<span class=\"_ _ba\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _97\"> </span></span></span>\u00c9VOLUTION<span class=\"_ _ba\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _ba\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _97\"> </span></span></span>\u00c9VOLUTION</div>\n<div class=\"t m0 x7 hf y968 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BELGIUM</div>\n<div class=\"t m0 x16f h1b y969 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">2.<span class=\"_ _5\"/>140,6<span class=\"_ _1ca\"> </span><span class=\"ls9d wsaf\"> 2.250,8<span class=\"_ _1cb\"> </span><span class=\"ls1d ws1f\">-4,<span class=\"_ _5\"/>9%<span class=\"_ _90\"> </span><span class=\"ls0 ws0\"> 2<span class=\"_ _5\"/>.13<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>5<span class=\"_ _1ca\"> </span></span></span> 2.239<span class=\"_ _d\"/>,3<span class=\"_ _1cc\"> </span><span class=\"ls1d ws1f\">-4,<span class=\"_ _5\"/>8%</span></span></div>\n<div class=\"t m0 x7 hd y96a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansactional mail<span class=\"_ _1cd\"> </span><span class=\"ls2b ws2d\"> 731<span class=\"_ _5\"/>,5<span class=\"_ _11e\"> </span><span class=\"ls1d ws1f\"> 7<span class=\"_ _5\"/>36,<span class=\"_ _1\"/>7<span class=\"_ _ac\"> </span><span class=\"ls1b ws1d\">-<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,7%<span class=\"_ _ac\"> </span><span class=\"ls2b ws2d\"> 7<span class=\"_ _5\"/>31,1<span class=\"_ _eb\"> </span></span></span> 7<span class=\"_ _5\"/>36,0<span class=\"_ _11e\"> </span><span class=\"ls1b ws1d\">-<span class=\"_ _5\"/>0,7<span class=\"_ _5\"/>%</span></span></span></div>\n<div class=\"t m0 x7 hd y96b ff4 fs8 fc2 sc0 ls5a ws6e\" style=\"z-index: 15;\">Adver<span class=\"_ _5\"/>tisin<span class=\"_ _5\"/>g mail<span class=\"_ _1ce\"> </span><span class=\"ls12 ws14\"> 1<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>1<span class=\"_ _d4\"> </span> 1<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _d4\"> </span><span class=\"ls7 ws8\">-5,0%<span class=\"_ _1cf\"> </span></span> 1<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>1<span class=\"_ _d4\"> </span> 1<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _1cf\"> </span><span class=\"ls7 ws8\">-<span class=\"_ _5\"/>5,0%</span></span></div>\n<div class=\"t m0 x7 hd y96c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pre<span class=\"_ _5\"/>ss <span class=\"_ _1d0\"> </span><span class=\"ls3b ws43\"> 345,<span class=\"_ _5\"/>9<span class=\"_ _eb\"> </span><span class=\"ls13 ws15\"> 338<span class=\"_ _d\"/>,8<span class=\"_ _108\"> </span><span class=\"ls21 ws23\">2<span class=\"_ _5\"/>,<span class=\"_ _5\"/>1%<span class=\"_ _11e\"> </span><span class=\"ls17 ws19\"> 33<span class=\"_ _5\"/>9,3<span class=\"_ _11e\"> </span><span class=\"ls28 ws2a\"> 33<span class=\"_ _5\"/>2,6<span class=\"_ _ea\"> </span><span class=\"ls42 ws4c\">2,0%</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y96d ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Parcels Be<span class=\"_ _5\"/>lgium<span class=\"_ _9b\"> </span><span class=\"ls17 ws19\"> 4<span class=\"_ _5\"/>49,<span class=\"_ _5\"/>1<span class=\"_ _11e\"> </span><span class=\"ls12 ws14\"> 4<span class=\"_ _2\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _1cf\"> </span><span class=\"ls4a ws54\">-3<span class=\"_ _5\"/>,9%<span class=\"_ _11e\"> </span></span></span> 4<span class=\"_ _5\"/>49,1<span class=\"_ _ac\"> </span><span class=\"ls12 ws14\"> 4<span class=\"_ _2\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _1cf\"> </span><span class=\"ls4a ws54\">-3<span class=\"_ _5\"/>,9%</span></span></span></div>\n<div class=\"t m0 x7 hd y96e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prox<span class=\"_ _5\"/>imit<span class=\"_ _5\"/>y an<span class=\"_ _5\"/>d conven<span class=\"_ _5\"/>ienc<span class=\"_ _5\"/>e ret<span class=\"_ _5\"/>ail</div>\n<div class=\"t m0 x7 hd y96f ff4 fs8 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">net<span class=\"_ _5\"/>work</div>\n<div class=\"t m0 xb6 hd y96e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> 302,0<span class=\"_ _ac\"> </span><span class=\"ls12 ws14\"> 3<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5<span class=\"_ _b3\"> </span><span class=\"ls23 ws25\">-2<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>0%<span class=\"_ _ac\"> </span><span class=\"ls4b ws59\"> 3<span class=\"_ _5\"/>01,<span class=\"_ _5\"/>3<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\"> 393,1<span class=\"_ _10f\"> </span><span class=\"ls26 ws28\">-23,3%</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y970 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Valu<span class=\"_ _5\"/>e adde<span class=\"_ _5\"/>d se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices<span class=\"_ _13d\"> </span><span class=\"ls1a ws1c\"> 124,<span class=\"_ _5\"/>9<span class=\"_ _eb\"> </span><span class=\"ls43 ws4d\"> 113,<span class=\"_ _5\"/>5<span class=\"_ _eb\"> </span><span class=\"ls21 ws23\">10<span class=\"_ _5\"/>,<span class=\"_ _5\"/>1%<span class=\"_ _11e\"> </span></span></span> 124,<span class=\"_ _5\"/>5<span class=\"_ _11e\"> </span><span class=\"ls43 ws4d\"> 113<span class=\"_ _5\"/>,4<span class=\"_ _ea\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>9%</span></span></span></div>\n<div class=\"t m0 x7 hf y971 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">E-LOGIS<span class=\"_ _d\"/>TICS EURASIA</div>\n<div class=\"t m0 x45 h1b y972 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 59<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>5<span class=\"_ _1cb\"> </span> 6<span class=\"_ _5\"/>11,<span class=\"_ _5\"/>5<span class=\"_ _10a\"> </span><span class=\"ls20 ws22\">-3,<span class=\"_ _5\"/>4%<span class=\"_ _1cc\"> </span><span class=\"ls1d ws1f\"> 589,0<span class=\"_ _1cc\"> </span><span class=\"ls14 ws16\"> 610,6<span class=\"_ _10a\"> </span></span></span>-3<span class=\"_ _5\"/>,5%</span></div>\n<div class=\"t m0 x7 hd y973 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">E-commerce logistic<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 xb6 hd y974 ff4 fs8 fc2 sc0 ls16 ws18\" style=\"z-index: 15;\"> 273<span class=\"_ _5\"/>,0<span class=\"_ _11e\"> </span><span class=\"ls1b ws1d\"> 26<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,7<span class=\"_ _108\"> </span><span class=\"ls14 ws16\">1,6%<span class=\"_ _11e\"> </span><span class=\"ls0 ws0\"> 271<span class=\"_ _5\"/>,6<span class=\"_ _ac\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>9<span class=\"_ _af\"> </span><span class=\"ls1a ws1c\">1,4%</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y975 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cro<span class=\"_ _5\"/>ss \u2013 bo<span class=\"_ _5\"/>rde<span class=\"_ _5\"/>r<span class=\"_ _1d1\"> </span><span class=\"ls12 ws14\"> 3<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>5<span class=\"_ _ac\"> </span><span class=\"ls2b ws2d\"> 3<span class=\"_ _5\"/>42,<span class=\"_ _5\"/>8<span class=\"_ _107\"> </span></span>-7,<span class=\"_ _5\"/>4<span class=\"_ _5\"/>%<span class=\"_ _107\"> </span> 3<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>4<span class=\"_ _1cf\"> </span><span class=\"ls2b ws2d\"> 3<span class=\"_ _5\"/>42,6<span class=\"_ _107\"> </span></span>-<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4%</span></div>\n<div class=\"t m0 x7 hf y976 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">E-LOGIS<span class=\"_ _d\"/>TICS NOR<span class=\"_ _d\"/>TH AMERICA</div>\n<div class=\"t m0 x111 h1b y977 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 1.<span class=\"_ _5\"/>655<span class=\"_ _5\"/>,9<span class=\"_ _1ca\"> </span> 1<span class=\"_ _5\"/>.4<span class=\"_ _5\"/>53,<span class=\"_ _5\"/>9<span class=\"_ _b3\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>9%<span class=\"_ _1ca\"> </span></span> 1<span class=\"_ _5\"/>.65<span class=\"_ _5\"/>0,6<span class=\"_ _1ca\"> </span> 1<span class=\"_ _5\"/>.43<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>5<span class=\"_ _b3\"> </span><span class=\"ls1f ws21\">1<span class=\"_ _5\"/>5,2%</span></div>\n<div class=\"t m0 x7 hd y978 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">E-commerce logistic<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x16f hd y979 ff4 fs8 fc2 sc0 ls5a ws6e\" style=\"z-index: 15;\"> 1.65<span class=\"_ _5\"/>5,9<span class=\"_ _94\"> </span><span class=\"lsbc ws51\"> 1<span class=\"_ _5\"/>.41<span class=\"_ _5\"/>1,7<span class=\"_ _11e\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _2\"/>3<span class=\"_ _5\"/>%<span class=\"_ _94\"> </span></span></span> 1.650,6<span class=\"_ _dd\"> </span><span class=\"ls23 ws25\"> 1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>391<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8<span class=\"_ _10a\"> </span><span class=\"ls28 ws2a\">18,6%</span></span></div>\n<div class=\"t m0 x7 hd y97a ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Internatio<span class=\"_ _5\"/>nal mail<span class=\"_ _23\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _10d\"> </span><span class=\"ls2b ws2d\"> 42,<span class=\"_ _5\"/>2<span class=\"_ _138\"> </span><span class=\"ls31 ws33\">-1<span class=\"_ _5\"/>0<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>%<span class=\"_ _b5\"> </span></span></span> 0,0<span class=\"_ _10d\"> </span><span class=\"ls1b ws1d\"> 4<span class=\"_ _5\"/>0,7<span class=\"_ _ef\"> </span><span class=\"ls31 ws33\">-10<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%</span></span></span></div>\n<div class=\"t m0 x7 hf y97b ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CORPOR<span class=\"_ _d\"/>A<span class=\"_ _d\"/>TE</div>\n<div class=\"t m0 x151 h1b y97c ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 10,<span class=\"_ _5\"/>5<span class=\"_ _ea\"> </span> 1<span class=\"_ _5\"/>8,9<span class=\"_ _94\"> </span><span class=\"ls27 ws29\">-44,<span class=\"_ _5\"/>3%<span class=\"_ _b5\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _7e\"> </span>0,0%</span></span></div>\n<div class=\"t m0 x7 hf y97d ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x111 h1b y97e ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> 4<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5<span class=\"_ _136\"> </span><span class=\"ls0 ws0\"> 4.3<span class=\"_ _5\"/>35,<span class=\"_ _5\"/>1<span class=\"_ _7e\"> </span><span class=\"ls14 ws16\">1,4%<span class=\"_ _1ca\"> </span></span> 4<span class=\"_ _5\"/>.37<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>0<span class=\"_ _90\"> </span> 4<span class=\"_ _5\"/>.2<span class=\"_ _5\"/>82<span class=\"_ _5\"/>,4<span class=\"_ _7e\"> </span><span class=\"lsd8 wsfa\">2,1<span class=\"_ _d\"/>%</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 660px; height: 422px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La r<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>ion g\u00e9<span class=\"_ _5\"/>ogra<span class=\"_ _5\"/>phique d<span class=\"_ _5\"/>u total de<span class=\"_ _5\"/>s pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xploit<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n (prod<span class=\"_ _5\"/>uits d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation in<span class=\"_ _5\"/>ter \u2013 se<span class=\"_ _5\"/>cteu<span class=\"_ _5\"/>rs exc<span class=\"_ _5\"/>lus) et les a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>fs non co<span class=\"_ _5\"/>urant<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>\u00e9s \u00e0 la Be<span class=\"_ _5\"/>lgiqu<span class=\"_ _5\"/>e, au re<span class=\"_ _5\"/>ste de l'Eur<span class=\"_ _5\"/>ope, a<span class=\"_ _5\"/>ux \u00c9tat<span class=\"_ _5\"/>s \u2013 Unis d'Am\u00e9r<span class=\"_ _5\"/>ique e<span class=\"_ _5\"/>t au res<span class=\"_ _5\"/>te du mo<span class=\"_ _5\"/>nde. L<span class=\"_ _1\"/>'att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion pa<span class=\"_ _5\"/>r loca<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion g\u00e9o<span class=\"_ _5\"/>gra<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">phiq<span class=\"_ _5\"/>ue es<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>e sur la lo<span class=\"_ _5\"/>calis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de l'entit\u00e9 g\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>nt le pro<span class=\"_ _5\"/>duit d\u2019expl<span class=\"_ _5\"/>oitat<span class=\"_ _5\"/>ion ou d\u00e9<span class=\"_ _5\"/>tenan<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif ne<span class=\"_ _5\"/>t. Le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t allou\u00e9<span class=\"_ _5\"/>s \u00e0 plusi<span class=\"_ _5\"/>eurs p<span class=\"_ _5\"/>oste<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x154 hc y97f ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">\u00c9VOLUTION</div>\n<div class=\"t m0 x7 hc y980 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _bd\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _1d2\"> </span><span class=\"ls0 ws0\">20<span class=\"_ _5\"/>22 \u2013 20<span class=\"_ _5\"/>21</span></span></span></div>\n<div class=\"t m0 x7 hd y981 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique<span class=\"_ _1d3\"> </span><span class=\"ls18 ws1a\">933,4<span class=\"_ _130\"> </span><span class=\"ls2c ws2e\">921,6<span class=\"_ _1d4\"> </span><span class=\"ls14 ws16\">1,3<span class=\"_ _5\"/>%</span></span></span></div>\n<div class=\"t m0 x7 hd y982 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Re<span class=\"_ _5\"/>ste d'E<span class=\"_ _5\"/>urop<span class=\"_ _5\"/>e<span class=\"_ _1d5\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>5<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>2<span class=\"_ _128\"> </span><span class=\"ls18 ws1a\">206,4<span class=\"_ _1d6\"> </span><span class=\"ls1a ws1c\">24,6%</span></span></span></div>\n<div class=\"t m0 x7 hd y983 ff4 fs8 fc2 sc0 lsbb wsd8\" style=\"z-index: 15;\">USA<span class=\"_ _58\"> </span><span class=\"ls0 ws0\">1</span></div>\n<div class=\"t m0 x52 hd y984 ff4 fsa fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">.<span class=\"fs8 ls1f ws21\">0<span class=\"_ _5\"/>43,3<span class=\"_ _130\"> </span><span class=\"ls23 ws25\">91<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>1<span class=\"_ _1d6\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>0%</span></span></span></div>\n<div class=\"t m0 x7 hd y985 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Re<span class=\"_ _5\"/>ste du m<span class=\"_ _5\"/>onde<span class=\"_ _19e\"> </span><span class=\"ls12 ws14\">5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>1<span class=\"_ _1d7\"> </span><span class=\"ls3b ws43\">45,3<span class=\"_ _9a\"> </span><span class=\"ls20 ws22\">26<span class=\"_ _5\"/>,0%</span></span></span></div>\n<div class=\"t m0 x7 hf y986 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES ACTIFS NON C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x50 h1b y987 ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">2<span class=\"_ _5\"/>.2<span class=\"_ _5\"/>91,0<span class=\"_ _1d8\"> </span><span class=\"ls1f ws21\">2.08<span class=\"_ _5\"/>8,5<span class=\"_ _128\"> </span><span class=\"lsd4 wsf5\">9,7<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd y988 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique<span class=\"_ _5c\"> </span><span class=\"ls0 ws0\">2</span></div>\n<div class=\"t m0 x52 hd y989 ff4 fsa fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">.<span class=\"_ _5\"/><span class=\"fs8 ls5a ws6e\">373,4<span class=\"_ _1cd\"> </span></span><span class=\"fs8\">2</span>.<span class=\"_ _5\"/><span class=\"fs8 ls17 ws19\">52<span class=\"_ _5\"/>9,2<span class=\"_ _1c9\"> </span><span class=\"ls25 ws27\">-<span class=\"_ _5\"/>6,2%</span></span></div>\n<div class=\"t m0 x7 hd y98a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Re<span class=\"_ _5\"/>ste d'E<span class=\"_ _5\"/>urop<span class=\"_ _5\"/>e<span class=\"_ _102\"> </span><span class=\"ls18 ws1a\">34<span class=\"_ _5\"/>0,0<span class=\"_ _130\"> </span><span class=\"ls2b ws2d\">319,<span class=\"_ _5\"/>2<span class=\"_ _1d9\"> </span><span class=\"ls14 ws16\">6,<span class=\"_ _5\"/>5%</span></span></span></div>\n<div class=\"t m0 x7 hd y98b ff4 fs8 fc2 sc0 lsbb wsd8\" style=\"z-index: 15;\">USA<span class=\"_ _58\"> </span><span class=\"ls0 ws0\">1</span></div>\n<div class=\"t m0 x52 hd y98c ff4 fsa fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">.<span class=\"_ _5\"/><span class=\"fs8 ls17 ws19\">589,<span class=\"_ _5\"/>1<span class=\"_ _127\"> </span></span><span class=\"fs8\">1</span>.<span class=\"_ _5\"/><span class=\"fs8 ls2e ws30\">388,5<span class=\"_ _1d6\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>4%</span></span></div>\n<div class=\"t m0 x7 hd y98d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Re<span class=\"_ _5\"/>ste du m<span class=\"_ _5\"/>onde<span class=\"_ _bd\"> </span><span class=\"ls25 ws27\">95,0<span class=\"_ _23\"> </span><span class=\"ls27 ws29\">98,<span class=\"_ _5\"/>2<span class=\"_ _1c9\"> </span><span class=\"ls4a ws54\">-3,<span class=\"_ _5\"/>2%</span></span></span></div>\n<div class=\"t m0 x7 hf y98e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PRODUITS D\u2019EXPL<span class=\"_ _d\"/>OITA<span class=\"_ _1\"/>TION</div>\n<div class=\"t m0 x88 h1b y98f ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">4<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5<span class=\"_ _4a\"> </span><span class=\"ls1f ws21\">4.335,<span class=\"_ _5\"/>1<span class=\"_ _130\"> </span><span class=\"ls14 ws16\">1,4%</span></span></div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le tot<span class=\"_ _5\"/>al des a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>fs non co<span class=\"_ _5\"/>urant<span class=\"_ _5\"/>s comp<span class=\"_ _5\"/>rend l<span class=\"_ _5\"/>es immo<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s corpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s immobi<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ions inco<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s, les i<span class=\"_ _5\"/>mmeub<span class=\"_ _5\"/>les de pl<span class=\"_ _5\"/>aceme<span class=\"_ _5\"/>nt et</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s et autr<span class=\"_ _5\"/>es cr\u00e9<span class=\"_ _5\"/>ances (&gt; 1 an).</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En exc<span class=\"_ _5\"/>luant la r\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n re\u00e7ue d<span class=\"_ _5\"/>u gouve<span class=\"_ _5\"/>rnem<span class=\"_ _5\"/>ent f\u00e9<span class=\"_ _5\"/>d\u00e9ra<span class=\"_ _5\"/>l belge p<span class=\"_ _5\"/>our fou<span class=\"_ _5\"/>rnir le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices d\u00e9<span class=\"_ _5\"/>crit<span class=\"_ _5\"/>s dans l<span class=\"_ _5\"/>e Contr<span class=\"_ _5\"/>at de Ge<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>on et le<span class=\"_ _5\"/>s conces<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sion<span class=\"_ _5\"/>s de pre<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>, en ce comp<span class=\"_ _5\"/>ris l\u2019entit\u00e9 o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle B<span class=\"_ _5\"/>elgium<span class=\"_ _5\"/>, aucun c<span class=\"_ _5\"/>lient e<span class=\"_ _5\"/>xt\u00e9<span class=\"_ _5\"/>rieu<span class=\"_ _5\"/>r ne repr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nte plus de 10 % du t<span class=\"_ _5\"/>otal de<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uit<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>ex-</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">ploitation de bpos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 162px; height: 920px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 162px; height: 920px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.<span class=\"_ _1\"/>7 <span class=\"_ _d9\"> </span>Chi<span class=\"_ _d\"/>f<span class=\"_ _5\"/>fre d<span class=\"_ _1\"/>'a<span class=\"_ _d\"/>f<span class=\"_ _5\"/>fai<span class=\"_ _d\"/>res</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Chi<span class=\"_ _5\"/>ff<span class=\"_ _5\"/>re d\u2019af<span class=\"_ _5\"/>faire<span class=\"_ _5\"/>s exc<span class=\"_ _5\"/>luant le<span class=\"_ _5\"/>s r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns SIEG<span class=\"_ _53\"> </span>4<span class=\"fsa\">.<span class=\"_ _5\"/></span><span class=\"ls17 ws19\">069,<span class=\"_ _5\"/>5<span class=\"_ _1db\"> </span></span>4<span class=\"fsa\">.</span><span class=\"ls28 ws2a\">0<span class=\"_ _5\"/>05,4</span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9mun\u00e9ration SIEG<span class=\"_ _1dc\"> </span><span class=\"ls28 ws2a\">302,6<span class=\"_ _128\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hf y993 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x27 h1b y994 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">4.<span class=\"_ _5\"/>372,0<span class=\"_ _1d8\"> </span><span class=\"ls49 ws57\">4.282,4</span></div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ann\u00e9<span class=\"_ _5\"/>e der<span class=\"_ _5\"/>ni\u00e8re<span class=\"_ _5\"/>, les rev<span class=\"_ _5\"/>enus on<span class=\"_ _5\"/>t augme<span class=\"_ _5\"/>nt\u00e9 de +89,7 mEUR<span class=\"_ _5\"/>, pour at<span class=\"_ _5\"/>tei<span class=\"_ _5\"/>ndre 4.<span class=\"_ _5\"/>372<span class=\"_ _5\"/>,0 mEUR<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s revenu<span class=\"_ _5\"/>s, ex<span class=\"_ _5\"/>cluant</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la r\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es SIEG e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t due \u00e0 l'augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion des r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s (218,1 m<span class=\"_ _5\"/>EUR) d'E-Lo<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>s Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>meri<span class=\"_ _5\"/>ca<span class=\"_ _5\"/>-malg<span class=\"_ _5\"/>r\u00e9 la ces<span class=\"_ _5\"/>sion</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de Th<span class=\"_ _5\"/>e Mail Gro<span class=\"_ _5\"/>up \u00e0 par<span class=\"_ _5\"/>tir d'ao<span class=\"_ _5\"/>\u00fbt 2021-re<span class=\"_ _5\"/>fl\u00e9<span class=\"_ _5\"/>tant pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt l'<span class=\"_ _d\"/>\u00e9vo<span class=\"_ _5\"/>lutio<span class=\"_ _5\"/>n des re<span class=\"_ _5\"/>venus d<span class=\"_ _5\"/>es nou<span class=\"_ _5\"/>veaux cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s de Radi<span class=\"_ _5\"/>al lanc\u00e9<span class=\"_ _5\"/>s en 2021<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Hor<span class=\"_ _5\"/>s d\u00e9co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>dation d<span class=\"_ _5\"/>'Ubiway R<span class=\"_ _5\"/>etail<span class=\"_ _5\"/>, les re<span class=\"_ _5\"/>venus s<span class=\"_ _5\"/>ont st<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s en Be<span class=\"_ _5\"/>lgique<span class=\"_ _5\"/>, avec une b<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>e du volum<span class=\"_ _5\"/>e de cour<span class=\"_ _5\"/>rier s<span class=\"_ _5\"/>ous-<span class=\"_ _5\"/>jacent d<span class=\"_ _5\"/>e -6<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>%,</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pre<span class=\"_ _5\"/>sque co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>s\u00e9e pa<span class=\"_ _5\"/>r un impac<span class=\"_ _5\"/>t pos<span class=\"_ _5\"/>itif pr<span class=\"_ _5\"/>ix<span class=\"_ _5\"/>/<span class=\"_ _d\"/>mi<span class=\"_ _5\"/>x, un volu<span class=\"_ _5\"/>me de coli<span class=\"_ _5\"/>s en bais<span class=\"_ _5\"/>se de -7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>5% (ou +<span class=\"_ _1\"/>1,<span class=\"_ _5\"/>0%<span class=\"_ _5\"/>, en excl<span class=\"_ _5\"/>uant l'impa<span class=\"_ _5\"/>ct de l'in<span class=\"_ _5\"/>terna<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>A<span class=\"_ _5\"/>mazon) et l'imp<span class=\"_ _5\"/>act p<span class=\"_ _5\"/>rix<span class=\"_ _5\"/>/mix de 3,<span class=\"_ _5\"/>6%. L<span class=\"_ _5\"/>es reve<span class=\"_ _5\"/>nus d'E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eura<span class=\"_ _5\"/>sia ont dimi<span class=\"_ _5\"/>nu\u00e9 (-21,6 mEUR), pri<span class=\"_ _5\"/>ncipale<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de la ba<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>e des</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">volum<span class=\"_ _5\"/>es asia<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s, qui o<span class=\"_ _5\"/>nt subi l\u2019i<span class=\"_ _5\"/>mpac<span class=\"_ _5\"/>t au pre<span class=\"_ _5\"/>mier se<span class=\"_ _5\"/>mes<span class=\"_ _5\"/>tre 20<span class=\"_ _5\"/>22 de la n<span class=\"_ _5\"/>ouvel<span class=\"_ _5\"/>le r\u00e9gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>n mati\u00e8<span class=\"_ _5\"/>re de T<span class=\"_ _5\"/>VA en vig<span class=\"_ _5\"/>ueur de<span class=\"_ _5\"/>puis le 1er</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">juille<span class=\"_ _5\"/>t 2021 et d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>batio<span class=\"_ _5\"/>ns de la ch<span class=\"_ _5\"/>a\u00eene d\u2019appr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>nnem<span class=\"_ _5\"/>ent en Ch<span class=\"_ _5\"/>ine.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on des S<span class=\"_ _5\"/>IEG est p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt\u00e9e s<span class=\"_ _5\"/>ous la r<span class=\"_ _5\"/>ubri<span class=\"_ _5\"/>que \u201cPre<span class=\"_ _5\"/>ss and P<span class=\"_ _5\"/>roximit<span class=\"_ _5\"/>y an<span class=\"_ _5\"/>d conveni<span class=\"_ _5\"/>ence re<span class=\"_ _5\"/>tail ne<span class=\"_ _5\"/>two<span class=\"_ _5\"/>rk<span class=\"_ _5\"/>\u201d sous le s<span class=\"_ _5\"/>egme<span class=\"_ _5\"/>nt \u201cBe<span class=\"_ _5\"/>lgium\u201d<span class=\"_ _d\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 747px; height: 335px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a yb ffc fs11 fc2 sc0 ls53 ws99\" style=\"z-index: 15;\">6.8 <span class=\"_ _de\"> </span>Autres<span class=\"_ _5\"/> produ<span class=\"_ _d\"/>it<span class=\"_ _5\"/>s d\u2019<span class=\"_ _3b\"/>exploitation</div>\n<div class=\"t m0 x7 hb y42c ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y995 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y996 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Produit de cessions d\u2019immobilisations corporelles<span class=\"_ _1dd\"> </span><span class=\"ls1d ws1f\">6,5<span class=\"_ _1de\"> </span><span class=\"ls3b ws43\">15,1</span></span></div>\n<div class=\"t m0 x7 hd y997 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit d<span class=\"_ _5\"/>e cess<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s de The M<span class=\"_ _5\"/>ail Gr<span class=\"_ _5\"/>oup<span class=\"_ _1df\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1e0\"> </span><span class=\"ls14 ws16\">1,4</span></span></div>\n<div class=\"t m0 x7 hd y998 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rev<span class=\"_ _5\"/>enus lo<span class=\"_ _5\"/>cat<span class=\"_ _5\"/>ifs d<span class=\"_ _5\"/>\u00e9coul<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s imme<span class=\"_ _5\"/>uble<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>ceme<span class=\"_ _5\"/>nt<span class=\"_ _60\"> </span><span class=\"ls18 ws1a\">0,5<span class=\"_ _1e0\"> </span>0,6</span></div>\n<div class=\"t m0 x7 hd y999 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9cup\u00e9ratio<span class=\"_ _5\"/>n<span class=\"_ _d\"/> assur<span class=\"_ _5\"/>ances  \u2013<span class=\"_ _d\"/>  Ran\u00e7ongiciel Radial US<span class=\"_ _15f\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _13e\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd y99a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Revenus de tiers<span class=\"_ _1e1\"> </span><span class=\"ls1b ws1d\">9,7<span class=\"_ _1e0\"> </span><span class=\"ls2e ws30\">8,2</span></span></div>\n<div class=\"t m0 x7 hd y99b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Gai<span class=\"_ _5\"/>ns sur ea<span class=\"_ _5\"/>rn \u2013 ou<span class=\"_ _5\"/>ts MC<span class=\"_ _5\"/>S &amp; Atoz<span class=\"_ _19d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1e0\"> </span>0,6</span></div>\n<div class=\"t m0 x7 hd y99c ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres revenus Retail<span class=\"_ _175\"> </span><span class=\"ls18 ws1a\">0,6<span class=\"_ _1e0\"> </span><span class=\"ls28 ws2a\">3,4</span></span></div>\n<div class=\"t m0 x7 hd y99d ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _98\"> </span><span class=\"ls2e ws30\">8,3<span class=\"_ _23\"> </span><span class=\"ls28 ws2a\">18<span class=\"_ _5\"/>,0</span></span></div>\n<div class=\"t m0 x7 hf y99e ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x55 h1b y99f ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">25,<span class=\"_ _5\"/>5<span class=\"_ _1e2\"> </span><span class=\"lsd4 wsf5\">52<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains sur l<span class=\"_ _5\"/>a cess<span class=\"_ _5\"/>ion d'imm<span class=\"_ _5\"/>obilis<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s corp<span class=\"_ _5\"/>orelle<span class=\"_ _5\"/>s ont dim<span class=\"_ _5\"/>inu\u00e9 de -<span class=\"_ _5\"/>8,7 mEUR en r<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n de la bais<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s reve<span class=\"_ _5\"/>nus sur la ve<span class=\"_ _5\"/>nte de b\u00e2t<span class=\"_ _5\"/>iment<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>2 par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 2<span class=\"_ _5\"/>021.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En oc<span class=\"_ _5\"/>tobr<span class=\"_ _5\"/>e 2020, Rad<span class=\"_ _5\"/>ial Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica a sub<span class=\"_ _5\"/>i une at<span class=\"_ _5\"/>taq<span class=\"_ _5\"/>ue infor<span class=\"_ _5\"/>matiq<span class=\"_ _5\"/>ue avec de<span class=\"_ _5\"/>mande d<span class=\"_ _5\"/>e ran\u00e7o<span class=\"_ _5\"/>n, qui a eu d<span class=\"_ _5\"/>es r\u00e9<span class=\"_ _5\"/>percu<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sur une p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de se<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>ons am\u00e9<span class=\"_ _5\"/>ric<span class=\"_ _5\"/>aines<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'at<span class=\"_ _5\"/>taq<span class=\"_ _5\"/>ue et le vir<span class=\"_ _5\"/>us n'ont pas p<span class=\"_ _5\"/>ermi<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>f<span class=\"_ _5\"/>iltrer o<span class=\"_ _5\"/>u de vole<span class=\"_ _5\"/>r des do<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s et ri<span class=\"_ _5\"/>en n'indiqu<span class=\"_ _5\"/>e qu'un client o<span class=\"_ _5\"/>u des</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">don<span class=\"_ _5\"/>n\u00e9es p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>sonne<span class=\"_ _5\"/>lles ai<span class=\"_ _5\"/>ent fui<span class=\"_ _5\"/>t\u00e9 des s<span class=\"_ _5\"/>yst\u00e8<span class=\"_ _5\"/>mes d<span class=\"_ _5\"/>e Radial N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eric<span class=\"_ _5\"/>a. Ra<span class=\"_ _5\"/>dial Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica di<span class=\"_ _5\"/>spos<span class=\"_ _5\"/>e de deu<span class=\"_ _5\"/>x niveau<span class=\"_ _5\"/>x de couve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ture de c<span class=\"_ _5\"/>y-</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">be<span class=\"_ _5\"/>ras<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce, gr<span class=\"_ _5\"/>\u00e2ce auxqu<span class=\"_ _5\"/>elles l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>e a pu r\u00e9c<span class=\"_ _5\"/>up\u00e9re<span class=\"_ _5\"/>r la tota<span class=\"_ _5\"/>lit\u00e9 du mon<span class=\"_ _5\"/>tant m<span class=\"_ _5\"/>entio<span class=\"_ _5\"/>nn\u00e9 dans l<span class=\"_ _5\"/>a police d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce prim<span class=\"_ _5\"/>aire et a o<span class=\"_ _5\"/>btenu</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">10,0 mUSD e<span class=\"_ _5\"/>n 2021 de<span class=\"_ _5\"/>s compag<span class=\"_ _5\"/>nies d'as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce, dont u<span class=\"_ _5\"/>ne par<span class=\"_ _5\"/>t pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t li\u00e9e \u00e0 la p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>turb<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s a \u00e9t<span class=\"_ _5\"/>\u00e9 compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9e sou<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s produ<span class=\"_ _5\"/>its d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xplo<span class=\"_ _5\"/>itati<span class=\"_ _5\"/>on, alo<span class=\"_ _5\"/>rs que la r<span class=\"_ _5\"/>\u00e9cup<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion a \u00e9t\u00e9 co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans la d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des fr<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s de tier<span class=\"_ _5\"/>s cons<span class=\"_ _5\"/>isten<span class=\"_ _5\"/>t prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment en l<span class=\"_ _5\"/>e rembo<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices ann<span class=\"_ _5\"/>exes p<span class=\"_ _5\"/>ar des t<span class=\"_ _5\"/>iers e<span class=\"_ _5\"/>t en les v<span class=\"_ _5\"/>entes da<span class=\"_ _5\"/>ns les re<span class=\"_ _5\"/>st<span class=\"_ _5\"/>auran<span class=\"_ _5\"/>ts de</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">bpost<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uits d<span class=\"_ _5\"/>e la vente a<span class=\"_ _5\"/>u d\u00e9ta<span class=\"_ _5\"/>il se comp<span class=\"_ _5\"/>osen<span class=\"_ _5\"/>t prin<span class=\"_ _5\"/>cipalem<span class=\"_ _5\"/>ent de p<span class=\"_ _5\"/>roduit<span class=\"_ _5\"/>s no<span class=\"_ _5\"/>n sp\u00e9<span class=\"_ _5\"/>cifi<span class=\"_ _5\"/>ques da<span class=\"_ _5\"/>ns le cana<span class=\"_ _5\"/>l de vente a<span class=\"_ _5\"/>u d\u00e9ta<span class=\"_ _5\"/>il, qui ne</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">font pas part<span class=\"_ _5\"/>ie<span class=\"_ _d\"/> de l'activit\u00e9 ordinaire de bpost. La diminution s'explique principalement par la vent<span class=\"_ _d\"/>e d'Ubiway Retail fin f\u00e9vrier 2022<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 177px; height: 530px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 177px; height: 530px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 177px; height: 905px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.9 <span class=\"_ _de\"> </span>Autres ch<span class=\"_ _d\"/>arges d<span class=\"_ _d\"/>\u2019<span class=\"_ _1\"/>exploita<span class=\"_ _d\"/>tion</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _1de\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9a0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions<span class=\"_ _1e3\"> </span><span class=\"ls18 ws1a\">0,9<span class=\"_ _1de\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd y9a1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>axe<span class=\"_ _5\"/>s loc<span class=\"_ _5\"/>ales<span class=\"_ _5\"/>, pr\u00e9<span class=\"_ _5\"/>comp<span class=\"_ _5\"/>te immo<span class=\"_ _5\"/>bilie<span class=\"_ _5\"/>r et au<span class=\"_ _5\"/>tres i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s<span class=\"_ _1e4\"> </span><span class=\"ls7 ws8\">15,<span class=\"_ _5\"/>2<span class=\"_ _1de\"> </span><span class=\"ls25 ws27\">28,0</span></span></div>\n<div class=\"t m0 x7 hd y9a2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur sur cr\u00e9ances c<span class=\"_ _d\"/>ommerciales et refac<span class=\"_ _5\"/>turation<span class=\"_ _151\"> </span><span class=\"ls17 ws19\">1<span class=\"_ _5\"/>9,4<span class=\"_ _1e0\"> </span><span class=\"ls26 ws28\">3,3</span></span></div>\n<div class=\"t m0 x7 hd y9a3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Moi<span class=\"_ _5\"/>ns \u2013 val<span class=\"_ _5\"/>ues su<span class=\"_ _5\"/>r immo<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns cor<span class=\"_ _5\"/>por<span class=\"_ _5\"/>elle<span class=\"_ _5\"/>s<span class=\"_ _188\"> </span><span class=\"ls14 ws16\">4,5<span class=\"_ _1de\"> </span></span>(0,0)</div>\n<div class=\"t m0 x7 hd y9a4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres provisions<span class=\"_ _1e5\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _1e0\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hf y9a5 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x55 h1b y9a6 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">39,<span class=\"_ _5\"/>9<span class=\"_ _23\"> </span><span class=\"lsd4 wsf5\">35<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res cha<span class=\"_ _5\"/>rges d'ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation s'ex<span class=\"_ _5\"/>plique p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par un<span class=\"_ _5\"/>e augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s d\u00e9pr\u00e9<span class=\"_ _5\"/>ciati<span class=\"_ _5\"/>ons de cr<span class=\"_ _5\"/>\u00e9ances</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>erciale<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s ces<span class=\"_ _5\"/>sions d'im<span class=\"_ _5\"/>mobili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles<span class=\"_ _5\"/>, cer<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>s entre<span class=\"_ _5\"/>p\u00f4t<span class=\"_ _5\"/>s ayant \u00e9<span class=\"_ _5\"/>t\u00e9 ferm<span class=\"_ _5\"/>\u00e9s che<span class=\"_ _5\"/>z Radia<span class=\"_ _5\"/>l Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>meri<span class=\"_ _5\"/>ca. Ce<span class=\"_ _5\"/>tte</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion a \u00e9<span class=\"_ _5\"/>t\u00e9 par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>llemen<span class=\"_ _5\"/>t compe<span class=\"_ _5\"/>ns\u00e9e p<span class=\"_ _5\"/>ar une bai<span class=\"_ _5\"/>sse d<span class=\"_ _5\"/>es imp<span class=\"_ _5\"/>\u00f4ts lo<span class=\"_ _5\"/>cau<span class=\"_ _5\"/>x, de<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s immo<span class=\"_ _5\"/>bilier<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es ta<span class=\"_ _5\"/>xes, e<span class=\"_ _5\"/>lle \u2013 m\u00eam<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>ue au re<span class=\"_ _5\"/>couvr<span class=\"_ _5\"/>ement s<span class=\"_ _5\"/>up\u00e9r<span class=\"_ _5\"/>ieur d<span class=\"_ _5\"/>e la T<span class=\"_ _5\"/>VA en 2022 l<span class=\"_ _5\"/>ors de l<span class=\"_ _5\"/>a r\u00e9vis<span class=\"_ _5\"/>ion annu<span class=\"_ _5\"/>elle du t<span class=\"_ _5\"/>aux de T<span class=\"_ _5\"/>VA<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es r\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ions</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de va<span class=\"_ _5\"/>leur sur le<span class=\"_ _5\"/>s cr\u00e9an<span class=\"_ _5\"/>ces comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les s'expl<span class=\"_ _5\"/>ique pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t par cer<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>ins litig<span class=\"_ _5\"/>es avec d<span class=\"_ _5\"/>es clie<span class=\"_ _5\"/>nts r<span class=\"_ _5\"/>\u00e9sili<span class=\"_ _5\"/>\u00e9s che<span class=\"_ _5\"/>z Radial N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>ca</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et pa<span class=\"_ _5\"/>r la d\u00e9pr<span class=\"_ _5\"/>\u00e9ciat<span class=\"_ _5\"/>ion de la cr<span class=\"_ _5\"/>\u00e9ance li\u00e9<span class=\"_ _5\"/>e \u00e0 la vent<span class=\"_ _5\"/>e de The Mai<span class=\"_ _5\"/>l Group. En 20<span class=\"_ _5\"/>21, bpo<span class=\"_ _5\"/>st US Hol<span class=\"_ _5\"/>dings a ve<span class=\"_ _5\"/>ndu Th<span class=\"_ _5\"/>e Mail Gro<span class=\"_ _5\"/>up \u00e0 Arch<span class=\"_ _5\"/>itec<span class=\"_ _5\"/>t Equit<span class=\"_ _5\"/>y.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le c<span class=\"_ _5\"/>adre d<span class=\"_ _5\"/>e cet<span class=\"_ _5\"/>te tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t US Hold<span class=\"_ _5\"/>ings a \u00e9m<span class=\"_ _5\"/>is une note d<span class=\"_ _5\"/>e vente sub<span class=\"_ _5\"/>ordo<span class=\"_ _5\"/>nn\u00e9e p<span class=\"_ _5\"/>our un mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e 2,<span class=\"_ _5\"/>5 mUSD. Une par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e du</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant d\u00fb n'ayant pa<span class=\"_ _5\"/>s \u00e9t\u00e9 rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>s\u00e9e e<span class=\"_ _5\"/>n 2022<span class=\"_ _5\"/>, la note de ve<span class=\"_ _5\"/>nte tota<span class=\"_ _5\"/>le de 2,<span class=\"_ _5\"/>5 mUSD a ent<span class=\"_ _5\"/>i\u00e8re<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>t\u00e9 provi<span class=\"_ _5\"/>sionn<span class=\"_ _5\"/>\u00e9e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 732px; height: 350px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 732px; height: 350px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h1a y92 ffc fs11 fc2 sc0 ls53 ws99\" style=\"z-index: 15;\">6.10 <span class=\"_\"> </span>Appro<span class=\"_ _d\"/>visionnements e<span class=\"_ _5\"/>t marc<span class=\"_ _d\"/>handises</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ann\u00e9<span class=\"_ _5\"/>e der<span class=\"_ _5\"/>ni\u00e8re<span class=\"_ _5\"/>, les co\u00fbt<span class=\"_ _5\"/>s d\u2019appr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>nnem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et de mar<span class=\"_ _5\"/>chandi<span class=\"_ _5\"/>ses o<span class=\"_ _5\"/>nt diminu<span class=\"_ _5\"/>\u00e9 de 93,0 m<span class=\"_ _5\"/>EUR, so<span class=\"_ _5\"/>it 48<span class=\"_ _5\"/>,4%. C<span class=\"_ _5\"/>ett<span class=\"_ _5\"/>e baiss<span class=\"_ _5\"/>e s'ex-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pliq<span class=\"_ _5\"/>ue prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment pa<span class=\"_ _5\"/>r la d\u00e9co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>dation d'<span class=\"_ _5\"/>Ubiway Re<span class=\"_ _5\"/>tail a<span class=\"_ _5\"/>u 1er mars 20<span class=\"_ _5\"/>22, co<span class=\"_ _5\"/>mpte tenu d<span class=\"_ _5\"/>e la vente d'U<span class=\"_ _5\"/>biway Re<span class=\"_ _5\"/>tail<span class=\"_ _5\"/>, et par la ba<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>e des</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s de D<span class=\"_ _5\"/>ynaF<span class=\"_ _5\"/>ix/S<span class=\"_ _5\"/>ure en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>e la p\u00e9n<span class=\"_ _5\"/>urie de p<span class=\"_ _5\"/>i\u00e8ce<span class=\"_ _5\"/>s de rec<span class=\"_ _5\"/>hange et d<span class=\"_ _5\"/>e la quanti<span class=\"_ _5\"/>t\u00e9 inf\u00e9r<span class=\"_ _5\"/>ieure d'ap<span class=\"_ _5\"/>pareil<span class=\"_ _5\"/>s \u00e0 r\u00e9pa<span class=\"_ _5\"/>rer.</div>\n<div class=\"t m0 x5 h1a y10 ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.11 <span class=\"_ _4\"> </span>Ser<span class=\"_ _5\"/>vices et bi<span class=\"_ _d\"/>ens div<span class=\"_ _d\"/>ers</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le co\u00fb<span class=\"_ _5\"/>t des bie<span class=\"_ _5\"/>ns et s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s a augme<span class=\"_ _5\"/>nt\u00e9 de 105,<span class=\"_ _5\"/>2  mEUR p<span class=\"_ _5\"/>our at<span class=\"_ _5\"/>teind<span class=\"_ _5\"/>re 1.9<span class=\"_ _5\"/>99,<span class=\"_ _5\"/>9 mEUR. C<span class=\"_ _5\"/>ett<span class=\"_ _5\"/>e augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t li\u00e9e a<span class=\"_ _5\"/>u taux d<span class=\"_ _5\"/>e change USD/</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EUR d\u00e9f<span class=\"_ _5\"/>avor<span class=\"_ _5\"/>able, \u00e0 l'augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s var<span class=\"_ _5\"/>iables o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>els (OPE<span class=\"_ _5\"/>X) d<span class=\"_ _5\"/>'E-Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eric<span class=\"_ _5\"/>a en lign<span class=\"_ _5\"/>e avec la cr<span class=\"_ _5\"/>oiss<span class=\"_ _5\"/>ance d<span class=\"_ _5\"/>es reve<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nus e<span class=\"_ _5\"/>t les co\u00fbt<span class=\"_ _5\"/>s \u00e9n<span class=\"_ _5\"/>erg\u00e9<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s plus \u00e9le<span class=\"_ _5\"/>v\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x7 hb y8b4 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x154 hc y9a7 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">\u00c9VOLUTION</div>\n<div class=\"t m0 x7 hc y9a8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _bd\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _1d2\"> </span><span class=\"ls0 ws0\">20<span class=\"_ _5\"/>22 \u2013 20<span class=\"_ _5\"/>21</span></span></span></div>\n<div class=\"t m0 x7 hd y9a9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Loye<span class=\"_ _5\"/>rs e<span class=\"_ _5\"/>t charg<span class=\"_ _5\"/>es lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>ves<span class=\"_ _1e6\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>4,3<span class=\"_ _1d7\"> </span><span class=\"ls18 ws1a\">90,4<span class=\"_ _9a\"> </span><span class=\"ls7 ws8\">15,3%</span></span></span></div>\n<div class=\"t m0 x7 hd y9aa ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Entretien et r\u00e9paration<span class=\"_ _1e7\"> </span><span class=\"ls2b ws2d\">103<span class=\"_ _5\"/>,5<span class=\"_ _130\"> </span>10<span class=\"_ _5\"/>9,6<span class=\"_ _1e8\"> </span><span class=\"ls28 ws2a\">-5,6%</span></span></div>\n<div class=\"t m0 x7 hd y9ab ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Fournitures<span class=\"_ _d\"/> d\u2019<span class=\"_ _d\"/>\u00e9nergie<span class=\"_ _1c8\"> </span><span class=\"ls26 ws28\">63,<span class=\"_ _5\"/>2<span class=\"_ _23\"> </span><span class=\"ls28 ws2a\">4<span class=\"_ _5\"/>8,4<span class=\"_ _9a\"> </span><span class=\"ls18 ws1a\">30,5%</span></span></span></div>\n<div class=\"t m0 x7 hd y9ac ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres biens<span class=\"_ _1e9\"> </span><span class=\"ls18 ws1a\">50,4<span class=\"_ _1de\"> </span><span class=\"ls1b ws1d\">4<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7<span class=\"_ _1d6\"> </span>1<span class=\"_ _5\"/>2,7<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd y9ad ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s pos<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x et de</div>\n<div class=\"t m0 x7 hd y9ae ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">t\u00e9l\u00e9communication</div>\n<div class=\"t m0 x36 hd y9ad ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">12,4<span class=\"_ _1de\"> </span>18,8<span class=\"_ _1ea\"> </span><span class=\"ls4a ws54\">-33,<span class=\"_ _5\"/>8%</span></div>\n<div class=\"t m0 x7 hd y9af ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Frais<span class=\"_ _d\"/> d\u2019assuranc<span class=\"_ _d\"/>e<span class=\"_ _104\"> </span><span class=\"ls1d ws1f\">28,2<span class=\"_ _1de\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>9<span class=\"_ _1c9\"> </span><span class=\"ls7 ws8\">-5,<span class=\"_ _5\"/>9%</span></span></span></div>\n<div class=\"t m0 x7 hd y9b0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s de tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t<span class=\"_ _17d\"> </span><span class=\"ls23 ws25\">910<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9<span class=\"_ _134\"> </span><span class=\"ls1d ws1f\">8<span class=\"_ _5\"/>36,2<span class=\"_ _1d9\"> </span><span class=\"ls2e ws30\">8,9%</span></span></span></div>\n<div class=\"t m0 x7 hd y9b1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Frais de publicit<span class=\"_ _d\"/>\u00e9 et annonce<span class=\"_ _1eb\"> </span><span class=\"ls14 ws16\">21,2<span class=\"_ _1d7\"> </span><span class=\"ls1b ws1d\">23<span class=\"_ _5\"/>,7<span class=\"_ _111\"> </span><span class=\"ls31 ws33\">-10<span class=\"_ _5\"/>,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>%</span></span></span></div>\n<div class=\"t m0 x7 hd y9b2 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Consult<span class=\"_ _5\"/>ance<span class=\"_ _1e9\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _1de\"> </span><span class=\"ls28 ws2a\">18<span class=\"_ _5\"/>,2<span class=\"_ _1d6\"> </span><span class=\"ls21 ws23\">5<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,<span class=\"_ _5\"/>1%</span></span></span></div>\n<div class=\"t m0 x7 hd y9b3 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Frais d'int\u00e9rim<span class=\"_ _1ec\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _128\"> </span><span class=\"ls17 ws19\">359,<span class=\"_ _5\"/>2<span class=\"_ _1d9\"> </span><span class=\"ls42 ws4c\">2,3%</span></span></span></div>\n<div class=\"t m0 x7 hd y9b4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>ons de t<span class=\"_ _5\"/>ier<span class=\"_ _5\"/>s, ho<span class=\"_ _5\"/>nor<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s<span class=\"_ _1ed\"> </span><span class=\"ls2d ws2f\">198,2<span class=\"_ _130\"> </span><span class=\"ls18 ws1a\">200,1<span class=\"_ _1c9\"> </span>-<span class=\"_ _5\"/>0,9<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd y9b5 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres ser<span class=\"_ _5\"/>vices<span class=\"_ _102\"> </span><span class=\"ls43 ws4d\">11<span class=\"_ _5\"/>2,8<span class=\"_ _130\"> </span>115<span class=\"_ _5\"/>,4<span class=\"_ _1e8\"> </span><span class=\"ls23 ws25\">-2,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hf y9b6 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x50 h1b y9b7 ff7 fs8 fc3 sc0 lse6 ws10a\" style=\"z-index: 15;\">1.999,9<span class=\"_ _e2\"> </span><span class=\"ls27 ws29\">1.894,<span class=\"_ _5\"/>8<span class=\"_ _130\"> </span><span class=\"ls1f ws21\">5,6%</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 128px; height: 954px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 128px; height: 954px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les l<span class=\"_ _5\"/>oyers e<span class=\"_ _5\"/>t charg<span class=\"_ _5\"/>es loc<span class=\"_ _5\"/>ative<span class=\"_ _5\"/>s ont aug<span class=\"_ _5\"/>ment\u00e9 de 1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>8 mEUR en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>ou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture d<span class=\"_ _5\"/>e nouve<span class=\"_ _5\"/>aux site<span class=\"_ _5\"/>s \u00e0 Radia<span class=\"_ _5\"/>l Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>meri<span class=\"_ _5\"/>ca et Ra<span class=\"_ _5\"/>dial</div>\n<div class=\"t m0 x2a h8 ya6 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">Europe.</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>\u00e9n<span class=\"_ _5\"/>ergie o<span class=\"_ _5\"/>nt augm<span class=\"_ _5\"/>ent\u00e9 de 14,<span class=\"_ _5\"/>8 mEUR, p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>e la haus<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x de l'<span class=\"_ _d\"/>\u00e9n<span class=\"_ _5\"/>ergi<span class=\"_ _5\"/>e (gaz<span class=\"_ _5\"/>, car<span class=\"_ _5\"/>bura<span class=\"_ _5\"/>nt et \u00e9le<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>rici<span class=\"_ _5\"/>t\u00e9).</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s de tra<span class=\"_ _5\"/>nspo<span class=\"_ _5\"/>rt s<span class=\"_ _5\"/>e sont \u00e9<span class=\"_ _5\"/>lev\u00e9s \u00e0 910,9 m<span class=\"_ _5\"/>EUR et ont a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>t\u00e9 de 7<span class=\"_ _d\"/>4,7 mEUR. C<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion s'expli<span class=\"_ _5\"/>que par le t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>hange</div>\n<div class=\"t m0 x2a h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">USD/EUR d\u00e9f<span class=\"_ _5\"/>avor<span class=\"_ _5\"/>able et pa<span class=\"_ _5\"/>r l'<span class=\"_ _d\"/>\u00e9vo<span class=\"_ _5\"/>lutio<span class=\"_ _5\"/>n du chiffr<span class=\"_ _5\"/>e d'affaire<span class=\"_ _5\"/>s d'E-L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica. En o<span class=\"_ _5\"/>utre, l<span class=\"_ _5\"/>a conso<span class=\"_ _5\"/>lidatio<span class=\"_ _5\"/>n d'IMX e<span class=\"_ _5\"/>t d'<span class=\"_ _1\"/>A<span class=\"_ _5\"/>ldipr<span class=\"_ _5\"/>ess a</div>\n<div class=\"t m0 x2a h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>\u00e9 \u00e0 cett<span class=\"_ _5\"/>e augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on.</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Le co\u00fb<span class=\"_ _5\"/>t des int\u00e9<span class=\"_ _5\"/>rimair<span class=\"_ _5\"/>es a aug<span class=\"_ _5\"/>ment\u00e9 de 8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3 mEUR malgr<span class=\"_ _5\"/>\u00e9 la diminu<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s int\u00e9r<span class=\"_ _5\"/>imaire<span class=\"_ _5\"/>s. Il conv<span class=\"_ _5\"/>ient d<span class=\"_ _5\"/>e noter qu<span class=\"_ _5\"/>e les co\u00fbt<span class=\"_ _5\"/>s d'int\u00e9<span class=\"_ _5\"/>rim doi<span class=\"_ _5\"/>vent</div>\n<div class=\"t m0 x2a h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00eat<span class=\"_ _5\"/>re consid<span class=\"_ _5\"/>\u00e9r\u00e9s co<span class=\"_ _5\"/>njointe<span class=\"_ _5\"/>ment ave<span class=\"_ _5\"/>c l'\u00e9voluti<span class=\"_ _5\"/>on des co<span class=\"_ _5\"/>\u00fbts s<span class=\"_ _5\"/>alar<span class=\"_ _5\"/>iaux<span class=\"_ _5\"/>, voir note 6<span class=\"_ _5\"/>.12. L<span class=\"_ _1\"/>'augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s s'expli<span class=\"_ _5\"/>que pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement p<span class=\"_ _5\"/>ar</div>\n<div class=\"t m0 x2a h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le ta<span class=\"_ _5\"/>ux de cha<span class=\"_ _5\"/>nge d\u00e9f<span class=\"_ _5\"/>avorab<span class=\"_ _5\"/>le USD/EUR et par u<span class=\"_ _5\"/>n prix d<span class=\"_ _5\"/>e revi<span class=\"_ _5\"/>ent plus \u00e9<span class=\"_ _5\"/>lev\u00e9 par in<span class=\"_ _5\"/>t\u00e9rim<span class=\"_ _5\"/>aire.</div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y89 ffc fs11 fc2 sc0 ls0 ws6d\" style=\"z-index: 15;\">6.12 <span class=\"_ _4\"> </span>Fra<span class=\"_ _d\"/>is de personnel</div>\n<div class=\"t m0 x7 hb y8c ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9b8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9b9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9mun\u00e9rations<span class=\"_ _15d\"> </span><span class=\"ls0 ws0\"> 1<span class=\"fsa\">.</span><span class=\"lsbc ws51\">41<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>2<span class=\"_ _4a\"> </span></span> 1<span class=\"fsa\">.</span><span class=\"ls1d ws1f\">3<span class=\"_ _5\"/>46,3</span></span></div>\n<div class=\"t m0 x7 hd y9ba ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cotisations de s\u00e9curit\u00e9 sociale<span class=\"_ _124\"> </span><span class=\"ls32 ws34\"> 264<span class=\"_ _1\"/>,3<span class=\"_ _1c9\"> </span><span class=\"ls17 ws19\"> 23<span class=\"_ _5\"/>9,6</span></span></div>\n<div class=\"t m0 x7 hd y9bb ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>nsio<span class=\"_ _5\"/>ns (note 6<span class=\"_ _5\"/>.26)<span class=\"_ _197\"> </span><span class=\"ls2e ws30\"> 8,8<span class=\"_ _1ee\"> </span><span class=\"ls17 ws19\"> 9,<span class=\"_ _5\"/>2</span></span></div>\n<div class=\"t m0 x7 hd y9bc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ind<span class=\"_ _5\"/>emni<span class=\"_ _5\"/>t\u00e9s de ce<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n d'emplo<span class=\"_ _5\"/>i, Aut<span class=\"_ _5\"/>res av<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>ages \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me et</div>\n<div class=\"t m0 x7 hd y9bd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>es pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieu<span class=\"_ _5\"/>rs \u00e0 l'emp<span class=\"_ _5\"/>loi aut<span class=\"_ _5\"/>re que P<span class=\"_ _5\"/>ensi<span class=\"_ _5\"/>on (note 6<span class=\"_ _5\"/>.26)</div>\n<div class=\"t m0 x170 hd y9bc ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\"> 20,5<span class=\"_ _1e2\"> </span><span class=\"ls43 ws4d\"> 11,6</span></div>\n<div class=\"t m0 x7 hf y9be ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x27 h1b y9bf ff7 fs8 fc3 sc0 lsdc ws52\" style=\"z-index: 15;\"> 1<span class=\"_ _5\"/>.70<span class=\"_ _5\"/>5<span class=\"_ _5\"/>,8<span class=\"_ _1ef\"> </span><span class=\"lsba wsda\"> 1.606,8</span></div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022, l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tif d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t s\u2019<span class=\"_ _d\"/>\u00e9le<span class=\"_ _5\"/>vait \u00e0 3<span class=\"_ _5\"/>4.<span class=\"_ _5\"/>509 m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel (20<span class=\"_ _5\"/>21 : 36.<span class=\"_ _5\"/>272), r\u00e9pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tis comm<span class=\"_ _5\"/>e suit :</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el st<span class=\"_ _5\"/>atut<span class=\"_ _5\"/>aire : 6.<span class=\"_ _5\"/>84<span class=\"_ _5\"/>0 (2021 : 7.402).</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel : 27.669 (202<span class=\"_ _5\"/>1 : 28.<span class=\"_ _5\"/>870).</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le no<span class=\"_ _5\"/>mbre moy<span class=\"_ _5\"/>en d\u2019E<span class=\"_ _5\"/>TP po<span class=\"_ _5\"/>ur 2022 \u00e9<span class=\"_ _5\"/>tait d<span class=\"_ _5\"/>e 31.61<span class=\"_ _1\"/>7 (20<span class=\"_ _5\"/>21 : 32.42<span class=\"_ _5\"/>9).</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le no<span class=\"_ _5\"/>mbre moy<span class=\"_ _5\"/>en d\u2019E<span class=\"_ _5\"/>TP et d'in<span class=\"_ _5\"/>t\u00e9rima<span class=\"_ _5\"/>ires p<span class=\"_ _5\"/>our 202<span class=\"_ _5\"/>2 \u00e9tai<span class=\"_ _5\"/>t de 39.<span class=\"_ _5\"/>285 (20<span class=\"_ _5\"/>21 : 40.<span class=\"_ _5\"/>33<span class=\"_ _5\"/>9).</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s de per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel (1.705,8 m<span class=\"_ _5\"/>EUR) et le<span class=\"_ _5\"/>s frai<span class=\"_ _5\"/>s d'int\u00e9ri<span class=\"_ _5\"/>m (367<span class=\"_ _d\"/>,4 mEUR) s<span class=\"_ _5\"/>e son<span class=\"_ _5\"/>t \u00e9lev\u00e9<span class=\"_ _5\"/>s en 202<span class=\"_ _5\"/>2 \u00e0 2.073<span class=\"_ _5\"/>,2 m<span class=\"_ _5\"/>EUR (<span class=\"_ _d\"/>1.<span class=\"_ _5\"/>96<span class=\"_ _5\"/>5,9 mEU<span class=\"_ _5\"/>R en 2021).</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les f<span class=\"_ _5\"/>rais d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el et d'int\u00e9<span class=\"_ _5\"/>rim on<span class=\"_ _5\"/>t augme<span class=\"_ _5\"/>nt\u00e9 de 107<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3 mEUR (9<span class=\"_ _5\"/>9,0 mEUR po<span class=\"_ _5\"/>ur les fr<span class=\"_ _5\"/>ais de p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l et 8,<span class=\"_ _5\"/>3 mEUR p<span class=\"_ _5\"/>our les f<span class=\"_ _5\"/>rais d'in<span class=\"_ _5\"/>t\u00e9rim)</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l'ex<span class=\"_ _5\"/>ercice p<span class=\"_ _5\"/>r\u00e9c\u00e9<span class=\"_ _5\"/>dent<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es fr<span class=\"_ _5\"/>ais de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel e<span class=\"_ _5\"/>t d\u2019int\u00e9r<span class=\"_ _5\"/>im due \u00e0 l'augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s par E<span class=\"_ _5\"/>TP (entre a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s en Bel<span class=\"_ _5\"/>gique<span class=\"_ _5\"/>, 6 index<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s salar<span class=\"_ _5\"/>iale<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de 2% e<span class=\"_ _5\"/>t le change<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>e la r\u00e9gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation s<span class=\"_ _5\"/>ur le tr<span class=\"_ _5\"/>avail de nui<span class=\"_ _5\"/>t), l'<span class=\"_ _d\"/>\u00e9vol<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>\u00e9favo<span class=\"_ _5\"/>rable d<span class=\"_ _5\"/>u taux d<span class=\"_ _5\"/>e change, l<span class=\"_ _5\"/>es effe<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e la Conven<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Colle<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ive de T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>vail (\u201c CC<span class=\"_ _5\"/>T \u201d) 2021 \u2013 202<span class=\"_ _5\"/>2 et le<span class=\"_ _5\"/>s augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ions li\u00e9<span class=\"_ _5\"/>es au m<span class=\"_ _5\"/>\u00e9rite o<span class=\"_ _5\"/>nt entr<span class=\"_ _5\"/>a\u00een\u00e9 un i<span class=\"_ _5\"/>mpac<span class=\"_ _5\"/>t n\u00e9ga<span class=\"_ _5\"/>tif sur le<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x de 160,1 m<span class=\"_ _5\"/>EUR.</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les e<span class=\"_ _5\"/>ffet<span class=\"_ _5\"/>s sus<span class=\"_ _5\"/>menti<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>s ont \u00e9t\u00e9 pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r la diminut<span class=\"_ _5\"/>ion du no<span class=\"_ _5\"/>mbre d'E<span class=\"_ _5\"/>TP (pr<span class=\"_ _5\"/>oduc<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9 accr<span class=\"_ _5\"/>ue, p<span class=\"_ _5\"/>oursu<span class=\"_ _5\"/>ite de la mis<span class=\"_ _5\"/>e en</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u0153u<span class=\"_ _5\"/>vre de m<span class=\"_ _5\"/>esure<span class=\"_ _5\"/>s de ges<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n sp\u00e9c<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>ques e<span class=\"_ _5\"/>t suppre<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>euxi<span class=\"_ _5\"/>\u00e8mes t<span class=\"_ _5\"/>ourn\u00e9<span class=\"_ _5\"/>es de d<span class=\"_ _5\"/>istr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion en B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue pen<span class=\"_ _5\"/>dant le pi<span class=\"_ _5\"/>c du quatr<span class=\"_ _5\"/>i\u00e8me</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>imes<span class=\"_ _5\"/>tre), qui a g\u00e9n<span class=\"_ _5\"/>\u00e9r\u00e9 une b<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>e des co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e 45,<span class=\"_ _5\"/>2 mEUR, e<span class=\"_ _5\"/>t par un eff<span class=\"_ _5\"/>et de mi<span class=\"_ _5\"/>x posit<span class=\"_ _5\"/>if de 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>6 mEUR, r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ant not<span class=\"_ _5\"/>ammen<span class=\"_ _5\"/>t d'une diminu<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du no<span class=\"_ _5\"/>mbre d'agent<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s pos<span class=\"_ _5\"/>tes s<span class=\"_ _5\"/>tatut<span class=\"_ _5\"/>aires<span class=\"_ _5\"/>, cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s bar\u00e9<span class=\"_ _5\"/>mique<span class=\"_ _5\"/>s et int\u00e9r<span class=\"_ _5\"/>imair<span class=\"_ _5\"/>es et d'une l<span class=\"_ _5\"/>\u00e9g\u00e8re au<span class=\"_ _5\"/>gment<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n du nomb<span class=\"_ _5\"/>re de tr<span class=\"_ _5\"/>availle<span class=\"_ _5\"/>urs</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">logistique<span class=\"_ _5\"/>s et postaux.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 372px; height: 530px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 372px; height: 530px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 372px; height: 710px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y20d ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.13 <span class=\"_ _4\"> </span>Rev<span class=\"_ _d\"/>enus financ<span class=\"_ _d\"/>iers et cha<span class=\"_ _d\"/>rges financi<span class=\"_ _d\"/>\u00e8res</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>uivant<span class=\"_ _5\"/>s ont \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s ann\u00e9<span class=\"_ _5\"/>e suiva<span class=\"_ _5\"/>ntes:</div>\n<div class=\"t m0 x7 hb y60 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9c0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9c1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Revenus financiers<span class=\"_ _15d\"> </span><span class=\"ls17 ws19\">79,6<span class=\"_ _13e\"> </span><span class=\"ls2e ws30\">8,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd y9c2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges financi\u00e8res<span class=\"_ _1f0\"> </span><span class=\"ls90 wsa4\">(49,<span class=\"_ _5\"/>3)<span class=\"_ _134\"> </span><span class=\"ls0 ws0\">(24,<span class=\"_ _5\"/>9)</span></span></div>\n<div class=\"t m0 x7 hf y9c3 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9c4 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">30,<span class=\"_ _5\"/>3<span class=\"_ _9a\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le r\u00e9<span class=\"_ _5\"/>sultat f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier n<span class=\"_ _5\"/>et (c'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire n<span class=\"_ _5\"/>et du rev<span class=\"_ _5\"/>enu f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er et de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs) de 202<span class=\"_ _5\"/>2 se chiff<span class=\"_ _5\"/>re \u00e0 30,<span class=\"_ _5\"/>3 mEUR<span class=\"_ _5\"/>, en aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">46<span class=\"_ _5\"/>,7 mEUR par ra<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t \u00e0 202<span class=\"_ _5\"/>1. Cet<span class=\"_ _5\"/>te aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt due \u00e0 la ha<span class=\"_ _5\"/>uss<span class=\"_ _5\"/>e des re<span class=\"_ _5\"/>venus f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers h<span class=\"_ _5\"/>ors t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie li\u00e9s a<span class=\"_ _5\"/>ux avan<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tag<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel I<span class=\"_ _5\"/>AS 19 (3<span class=\"_ _5\"/>8,0 m<span class=\"_ _5\"/>EUR) para<span class=\"_ _5\"/>ll\u00e8lem<span class=\"_ _5\"/>ent \u00e0 une a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n des t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t \u00e0 la r\u00e9\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion du pa<span class=\"_ _5\"/>ssif \u00e9<span class=\"_ _5\"/>ventue<span class=\"_ _5\"/>l li\u00e9</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aux a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons re<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ntes d'une f<span class=\"_ _5\"/>ilial<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>14,<span class=\"_ _5\"/>3 mEUR), par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt compe<span class=\"_ _5\"/>ns\u00e9<span class=\"_ _5\"/>es par l'augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s charg<span class=\"_ _5\"/>es d'int\u00e9r<span class=\"_ _5\"/>\u00eat<span class=\"_ _5\"/>s sur les b<span class=\"_ _5\"/>aux (2,<span class=\"_ _5\"/>3 mEUR<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es bau<span class=\"_ _5\"/>x) et de<span class=\"_ _5\"/>s int\u00e9r\u00ea<span class=\"_ _5\"/>ts su<span class=\"_ _5\"/>r les pr\u00ea<span class=\"_ _5\"/>ts (3<span class=\"_ _5\"/>,1 mEUR<span class=\"_ _5\"/>, princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent un pr<span class=\"_ _5\"/>\u00eat \u00e0 ter<span class=\"_ _5\"/>me en USD).</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 72px; height: 275px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 72px; height: 275px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 72px; height: 1010px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls1e ws6a\" style=\"z-index: 15;\">Rev<span class=\"_ _d\"/>enus financiers</div>\n<div class=\"t m0 x7 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9c5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9c6 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Int\u00e9r\u00eats per\u00e7us<span class=\"_ _140\"> </span><span class=\"ls42 ws4c\">2,2<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,4</span></span></div>\n<div class=\"t m0 x7 hd y9c7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Gai<span class=\"_ _5\"/>ns iss<span class=\"_ _5\"/>us de di<span class=\"_ _5\"/>ff\u00e9<span class=\"_ _5\"/>ren<span class=\"_ _5\"/>ce de cha<span class=\"_ _5\"/>nge<span class=\"_ _14e\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3<span class=\"_ _1f1\"> </span>7,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd y9c8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Contrepar<span class=\"_ _5\"/>tie conditionnelle: ch<span class=\"_ _d\"/>angement d'int\u00e9r\u00eats minoritaires<span class=\"_ _d7\"> </span><span class=\"ls90 wsa4\">14<span class=\"_ _5\"/>,3<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hd y9c9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier<span class=\"_ _5\"/>s sur les o<span class=\"_ _5\"/>blig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns de pr<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tati<span class=\"_ _5\"/>ons d\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>ies (I<span class=\"_ _5\"/>AS 19)<span class=\"_ _c5\"> </span><span class=\"ls3b ws43\">45,2<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd y9ca ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres revenus financier<span class=\"_ _5\"/>s<span class=\"_ _116\"> </span><span class=\"ls18 ws1a\">0,6<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>1</span></span></div>\n<div class=\"t m0 x7 hf y9cb ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9cc ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">79,6<span class=\"_ _18a\"> </span><span class=\"ls4d ws5b\">8,5</span></div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, bpo<span class=\"_ _5\"/>st a r\u00e9<span class=\"_ _5\"/>\u00e9valu<span class=\"_ _5\"/>\u00e9 le pri<span class=\"_ _5\"/>x d'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xercice v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>le des a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons re<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ntes d'Anthil<span class=\"_ _5\"/>l BV (25 %) et d'Ac<span class=\"_ _5\"/>tive A<span class=\"_ _5\"/>nts I<span class=\"_ _5\"/>nterna<span class=\"_ _5\"/>tional B<span class=\"_ _5\"/>V (25 %). Alor<span class=\"_ _5\"/>s que</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9, le pr<span class=\"_ _5\"/>ix d'exerc<span class=\"_ _5\"/>ice var<span class=\"_ _5\"/>iable \u00e9t<span class=\"_ _5\"/>ait d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9 sur la ba<span class=\"_ _5\"/>se de l'opti<span class=\"_ _5\"/>on de ven<span class=\"_ _5\"/>te des ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns res<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>es et cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>ponda<span class=\"_ _5\"/>it au mon<span class=\"_ _5\"/>tant</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">max<span class=\"_ _5\"/>imum pr\u00e9<span class=\"_ _5\"/>vu dan<span class=\"_ _5\"/>s le contr<span class=\"_ _5\"/>at, bp<span class=\"_ _5\"/>ost a r<span class=\"_ _5\"/>\u00e9\u00e9va<span class=\"_ _5\"/>lu\u00e9 en 202<span class=\"_ _5\"/>2 que bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>xerce<span class=\"_ _5\"/>ra avan<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>opt<span class=\"_ _5\"/>ion d'achat p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions re<span class=\"_ _5\"/>st<span class=\"_ _5\"/>antes<span class=\"_ _5\"/>, c'est \u2013 \u00e0 \u2013 dir<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>5 sur la b<span class=\"_ _5\"/>ase de l'<span class=\"_ _5\"/>EBITDA de 2<span class=\"_ _5\"/>024. En cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nce, la dim<span class=\"_ _5\"/>inutio<span class=\"_ _5\"/>n du pas<span class=\"_ _5\"/>sif \u00e9ve<span class=\"_ _5\"/>ntuel (14,<span class=\"_ _5\"/>3 mEUR) a \u00e9t\u00e9 com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans le<span class=\"_ _5\"/>s revenu<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>. La de<span class=\"_ _5\"/>tte a<span class=\"_ _5\"/>ctua<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>e en cour<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ions r<span class=\"_ _5\"/>est<span class=\"_ _5\"/>antes d'Ant<span class=\"_ _5\"/>hill BV et d'Ac<span class=\"_ _5\"/>tive A<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s Intern<span class=\"_ _5\"/>ationa<span class=\"_ _5\"/>l au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2 s'\u00e9l\u00e8ve \u00e0</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls5d ws71\" style=\"z-index: 15;\">18,1 mEUR.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 762px; height: 320px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 762px; height: 320px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb ya ff7 fs6 fc3 sc0 ls1e wsd6\" style=\"z-index: 15;\">Charges <span class=\"_ _d\"/>f<span class=\"_ _5\"/>inanc<span class=\"_ _d\"/>i\u00e8res</div>\n<div class=\"t m0 x7 hb yb ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9cd ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9ce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts/(p<span class=\"_ _5\"/>rodu<span class=\"_ _5\"/>its) f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cie<span class=\"_ _5\"/>rs sur l<span class=\"_ _5\"/>es obl<span class=\"_ _5\"/>igat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>inie<span class=\"_ _5\"/>s (IA<span class=\"_ _5\"/>S 19)<span class=\"_ _1f1\"> </span><span class=\"ls18 ws1a\">0,2<span class=\"_ _1de\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _1\"/>,1)</span></span></div>\n<div class=\"t m0 x7 hd y9cf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cha<span class=\"_ _5\"/>rges d<span class=\"_ _5\"/>es int<span class=\"_ _5\"/>\u00e9r\u00eat<span class=\"_ _5\"/>s sur l<span class=\"_ _5\"/>easin<span class=\"_ _5\"/>gs (FR<span class=\"_ _5\"/>S 16)<span class=\"_ _1f2\"> </span><span class=\"ls42 ws4c\">12,0<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">9<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y9d0 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>emprunt<span class=\"_ _5\"/>s<span class=\"_ _15d\"> </span>4,6<span class=\"_ _13e\"> </span>1,6</div>\n<div class=\"t m0 x7 hd y9d1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et ch<span class=\"_ _5\"/>arge<span class=\"_ _5\"/>s li\u00e9<span class=\"_ _5\"/>es \u00e0 l'obli<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>on \u00e0 long t<span class=\"_ _5\"/>erm<span class=\"_ _5\"/>e<span class=\"_ _11\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>3<span class=\"_ _1e0\"> </span>9,3</span></div>\n<div class=\"t m0 x7 hd y9d2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e8g<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nt du s<span class=\"_ _5\"/>wap de t<span class=\"_ _5\"/>aux d'i<span class=\"_ _5\"/>nt\u00e9r\u00ea<span class=\"_ _5\"/>t<span class=\"_ _1f3\"> </span><span class=\"ls42 ws4c\">2,5<span class=\"_ _13e\"> </span>2,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd y9d3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s iss<span class=\"_ _5\"/>ues d<span class=\"_ _5\"/>e dif<span class=\"_ _5\"/>f\u00e9re<span class=\"_ _5\"/>nces d<span class=\"_ _5\"/>e chang<span class=\"_ _5\"/>e<span class=\"_ _192\"> </span><span class=\"ls3b ws43\">15,1<span class=\"_ _1e0\"> </span><span class=\"ls28 ws2a\">3,4</span></span></div>\n<div class=\"t m0 x7 hd y9d4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Contrepar<span class=\"_ _5\"/>tie conditionnelle: d\u00e9sactualisation, changement de taux</div>\n<div class=\"t m0 x7 hd y9d5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tualisation</div>\n<div class=\"t m0 x10b hd y9d4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,6<span class=\"_ _1e0\"> </span>0,6</div>\n<div class=\"t m0 x7 hd y9d6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres charges financi\u00e8re<span class=\"_ _5\"/>s<span class=\"_ _190\"> </span><span class=\"ls7 ws8\">5,0<span class=\"_ _13e\"> </span>5,0</span></div>\n<div class=\"t m0 x7 hf y9d7 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9d8 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">49,<span class=\"_ _5\"/>3<span class=\"_ _1e2\"> </span><span class=\"ls1d ws1f\">24,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 469px; height: 268px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 469px; height: 268px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 469px; height: 268px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 469px; height: 613px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 469px; height: 613px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y58 ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.14 <span class=\"_ _4\"> </span>Imp\u00f4ts sur le r\u00e9s<span class=\"_ _d\"/>ulta<span class=\"_ _d\"/>t / Imp\u00f4ts diff\u00e9r\u00e9s</div>\n<div class=\"t m0 x5 hb y5a ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9t<span class=\"_ _5\"/>ail des i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s sur le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9s dan<span class=\"_ _5\"/>s le compt<span class=\"_ _5\"/>e de r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s sur le r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9s dans le co<span class=\"_ _5\"/>mpte de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats e<span class=\"_ _5\"/>n 2022 s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>l\u00e8vent \u00e0 6<span class=\"_ _5\"/>0,8 m<span class=\"_ _5\"/>EUR et pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre d\u00e9<span class=\"_ _5\"/>taill\u00e9<span class=\"_ _5\"/>s comme s<span class=\"_ _5\"/>uit:</div>\n<div class=\"t m0 x7 hb y5e ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9d9 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hf y9da ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">LES CHARGES FISCALES COMPRENNENT<span class=\"_ _d\"/>:</div>\n<div class=\"t m0 x7 hd y9db ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges fisc<span class=\"_ _5\"/>ales c<span class=\"_ _d\"/>ourantes<span class=\"_ _1f4\"> </span><span class=\"ls3b ws43\">55,1<span class=\"_ _1d7\"> </span><span class=\"ls1b ws1d\">75,7</span></span></div>\n<div class=\"t m0 x7 hd y9dc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aj<span class=\"_ _5\"/>uste<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s re<span class=\"_ _5\"/>latif<span class=\"_ _5\"/>s aux c<span class=\"_ _5\"/>harg<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>isc<span class=\"_ _5\"/>ales co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>tes de<span class=\"_ _5\"/>s exe<span class=\"_ _5\"/>rcice<span class=\"_ _5\"/>s pr\u00e9<span class=\"_ _5\"/>c\u00e9de<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s<span class=\"_ _1ce\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _23\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>1)</span></span></div>\n<div class=\"t m0 x7 hd y9dd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts d<span class=\"_ _5\"/>if<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s rela<span class=\"_ _5\"/>tifs \u00e0 l<span class=\"_ _5\"/>'<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>olut<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s dif<span class=\"_ _5\"/>f\u00e9re<span class=\"_ _5\"/>nces t<span class=\"_ _5\"/>empo<span class=\"_ _5\"/>rai<span class=\"_ _5\"/>res<span class=\"_ _191\"> </span><span class=\"ls22 ws24\">16,6<span class=\"_ _1d7\"> </span><span class=\"ls43 ws4d\">11,9</span></span></div>\n<div class=\"t m0 x7 hf y9de ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES CHARGES D'IMP\u00d4T SUR LE REVENU C<span class=\"_ _d\"/>OMPT<span class=\"_ _d\"/>ABILIS\u00c9ES DANS LE C<span class=\"_ _d\"/>OMPTE</div>\n<div class=\"t m0 x7 hf y9df ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DE R\u00c9SUL<span class=\"_ _3b\"/>TA<span class=\"_ _1\"/>T</div>\n<div class=\"t m0 x170 h1b y9e0 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">60,<span class=\"_ _5\"/>8<span class=\"_ _1f5\"> </span><span class=\"ls25 ws27\">83,5</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 149px; height: 258px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 149px; height: 258px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 149px; height: 933px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9con<span class=\"_ _5\"/>cilia<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s imp\u00f4<span class=\"_ _5\"/>ts sur l<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat th<span class=\"_ _5\"/>\u00e9ori<span class=\"_ _5\"/>ques avec l<span class=\"_ _5\"/>es imp\u00f4<span class=\"_ _5\"/>ts su<span class=\"_ _5\"/>r le r\u00e9su<span class=\"_ _5\"/>ltat com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lis\u00e9s d<span class=\"_ _5\"/>ans le com<span class=\"_ _5\"/>pte de</div>\n<div class=\"t m0 x5 hb y9e1 ff5 fs6 fc3 sc0 ls36 ws3e\" style=\"z-index: 15;\">r\u00e9sultats</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une r\u00e9<span class=\"_ _5\"/>conci<span class=\"_ _5\"/>liation d<span class=\"_ _5\"/>es imp<span class=\"_ _5\"/>\u00f4ts s<span class=\"_ _5\"/>ur le r\u00e9s<span class=\"_ _5\"/>ultat th<span class=\"_ _5\"/>\u00e9or<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s avec les i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s sur le r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dans l<span class=\"_ _5\"/>e compte de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats p<span class=\"_ _5\"/>eut s<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">r\u00e9sumer c<span class=\"_ _d\"/>omme suit:</div>\n<div class=\"t m0 x7 hc yf0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9e2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">B\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ice ne<span class=\"_ _5\"/>t avan<span class=\"_ _5\"/>t imp\u00f4t (<span class=\"_ _5\"/>A)<span class=\"_ _112\"> </span><span class=\"ls2c ws2e\">292,<span class=\"_ _5\"/>5<span class=\"_ _130\"> </span><span class=\"ls13 ws15\">333<span class=\"_ _d\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y9e3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>'impo<span class=\"_ _5\"/>siti<span class=\"_ _5\"/>on st<span class=\"_ _5\"/>atut<span class=\"_ _5\"/>aire (B)<span class=\"_ _1f6\"> </span><span class=\"ls7 ws8\">25,0<span class=\"_ _5\"/>%<span class=\"_ _1f7\"> </span>25,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x7 hf y9e4 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGES D'IMP\u00d4T TH\u00c9ORIQUES (C) = (A) X (B)</div>\n<div class=\"t m0 x170 h1b y9e5 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">73,1<span class=\"_ _1e2\"> </span>83,4</div>\n<div class=\"t m0 x7 hc y9e6 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00c9C<span class=\"_ _5\"/>ONC<span class=\"_ _5\"/>ILI<span class=\"_ _5\"/>ATION D<span class=\"_ _5\"/>ES \u00c9<span class=\"_ _5\"/>L\u00c9ME<span class=\"_ _5\"/>NTS E<span class=\"_ _5\"/>NTR<span class=\"_ _5\"/>E TAUX D'<span class=\"_ _5\"/>IMP<span class=\"_ _5\"/>OSI<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>N STATUTA<span class=\"_ _5\"/>IRE E<span class=\"_ _5\"/>T TAUX</div>\n<div class=\"t m0 x7 hc y9e7 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'IMPOSITION EFFECTIF</div>\n<div class=\"t m0 x7 hd y9e8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cal de<span class=\"_ _5\"/>s d\u00e9p<span class=\"_ _5\"/>ens<span class=\"_ _5\"/>es no<span class=\"_ _5\"/>n admis<span class=\"_ _5\"/>es<span class=\"_ _1f8\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>0<span class=\"_ _1f1\"> </span>7,<span class=\"_ _5\"/>1</span></div>\n<div class=\"t m0 x7 hd y9e9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act d<span class=\"_ _5\"/>'imp\u00f4t<span class=\"_ _5\"/>s re<span class=\"_ _5\"/>lati<span class=\"_ _5\"/>fs au<span class=\"_ _5\"/>x exer<span class=\"_ _5\"/>cices p<span class=\"_ _5\"/>r\u00e9c\u00e9<span class=\"_ _5\"/>den<span class=\"_ _5\"/>ts<span class=\"_ _5a\"> </span><span class=\"ls1b ws1d\">(10,<span class=\"_ _5\"/>9)<span class=\"_ _23\"> </span></span>(3,<span class=\"_ _5\"/>9)</div>\n<div class=\"t m0 x7 hd y9ea ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cal de<span class=\"_ _5\"/>s r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s de vale<span class=\"_ _5\"/>ur du go<span class=\"_ _5\"/>odwi<span class=\"_ _5\"/>ll<span class=\"_ _1dd\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1e0\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd y9eb ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cal de l<span class=\"_ _5\"/>a r\u00e9\u00e9<span class=\"_ _5\"/>valua<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9t<span class=\"_ _5\"/>enus e<span class=\"_ _5\"/>n vue de l<span class=\"_ _5\"/>a vente \u00e0 l<span class=\"_ _5\"/>eur</div>\n<div class=\"t m0 x7 hd y9ec ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur dim<span class=\"_ _5\"/>inu\u00e9<span class=\"_ _5\"/>e des co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s de la ven<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x10b hd y9eb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _23\"> </span><span class=\"ls0 ws0\">(3,0)</span></div>\n<div class=\"t m0 x7 hd y9ed ff4 fs8 fc2 sc0 ls0 ws4f\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cal de<span class=\"_ _5\"/>s uti<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s des p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>isc<span class=\"_ _5\"/>ales p<span class=\"_ _5\"/>ar les f<span class=\"_ _5\"/>ilia<span class=\"_ _5\"/>les p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>sque<span class=\"_ _5\"/>lles</div>\n<div class=\"t m0 x7 hd y9ee ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">auc<span class=\"_ _5\"/>un ou de<span class=\"_ _5\"/>s imp\u00f4<span class=\"_ _5\"/>ts di<span class=\"_ _5\"/>ff\u00e9<span class=\"_ _5\"/>r\u00e9s p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>ls ont \u00e9<span class=\"_ _5\"/>t\u00e9 comp<span class=\"_ _5\"/>tab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x55 hd y9ed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _23\"> </span><span class=\"ls90 wsa4\">(0,1)</span></div>\n<div class=\"t m0 x7 hd y9ef ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Fil<span class=\"_ _5\"/>iales e<span class=\"_ _5\"/>n situ<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de per<span class=\"_ _5\"/>te p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>squ<span class=\"_ _5\"/>elle<span class=\"_ _5\"/>s aucun o<span class=\"_ _5\"/>u des i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s dif<span class=\"_ _5\"/>f\u00e9r<span class=\"_ _5\"/>\u00e9s</div>\n<div class=\"t m0 x7 hd y9f0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">par<span class=\"_ _5\"/>tiels ont \u00e9t\u00e9<span class=\"_ _d\"/> comptabilis\u00e9s</div>\n<div class=\"t m0 x108 hd y9ef ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">2,3<span class=\"_ _1d1\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>4</span></div>\n<div class=\"t m0 x7 hd y9f1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Entreprises as<span class=\"_ _5\"/>soci\u00e9es (soci\u00e9t\u00e9s mises en \u00e9quivalence)<span class=\"_ _155\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hc y9f2 ff7 fs7 fc2 sc0 lsa0 wsb3\" style=\"z-index: 15;\">AUTRES<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hd y9f3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cal de<span class=\"_ _5\"/>s liqu<span class=\"_ _5\"/>idati<span class=\"_ _5\"/>ons de f<span class=\"_ _5\"/>ilia<span class=\"_ _5\"/>les<span class=\"_ _117\"> </span><span class=\"ls2b ws2d\">(6,8)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hd y9f4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cal de<span class=\"_ _5\"/>s chan<span class=\"_ _5\"/>geme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s de tau<span class=\"_ _5\"/>x<span class=\"_ _1f9\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _13e\"> </span>0,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd y9f5 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres diff\u00e9rences<span class=\"_ _1fa\"> </span><span class=\"ls0 ws0\">(3,<span class=\"_ _5\"/>5)<span class=\"_ _1de\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6)</span></span></div>\n<div class=\"t m0 x7 hf y9f6 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9f7 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">60,<span class=\"_ _5\"/>8<span class=\"_ _1f5\"> </span><span class=\"ls25 ws27\">83,5</span></div>\n<div class=\"t m0 x7 hd y9f8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges fisc<span class=\"_ _5\"/>ales r\u00e9sultant<span class=\"_ _d\"/> de l'application du<span class=\"_ _d\"/> taux d'imposition effec<span class=\"_ _5\"/>tif</div>\n<div class=\"t m0 x7 hd y9f9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(exercice<span class=\"_ _d\"/> courant)</div>\n<div class=\"t m0 xd8 hd y9f8 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">(60<span class=\"_ _5\"/>,8)<span class=\"_ _1e8\"> </span>(8<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x7 hd y9fa ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">B\u00e9n\u00e9fice net avan<span class=\"_ _d\"/>t imp\u00f4t<span class=\"_ _1fb\"> </span><span class=\"ls2c ws2e\">292,<span class=\"_ _5\"/>5<span class=\"_ _130\"> </span><span class=\"ls13 ws15\">333<span class=\"_ _d\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y9fb ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>aux d'imposition effe<span class=\"_ _5\"/>ctif<span class=\"_ _1fc\"> </span><span class=\"ls18 ws1a\">20,8%<span class=\"_ _9a\"> </span><span class=\"ls7 ws8\">2<span class=\"_ _5\"/>5,0%</span></span></div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>olde<span class=\"_ _5\"/>s ajus<span class=\"_ _5\"/>t\u00e9s de<span class=\"_ _5\"/>s ann\u00e9<span class=\"_ _5\"/>es pr\u00e9<span class=\"_ _5\"/>c\u00e9de<span class=\"_ _5\"/>ntes, l'im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t de la liqu<span class=\"_ _5\"/>idatio<span class=\"_ _5\"/>n des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s et la mis<span class=\"_ _5\"/>e \u00e0 jour de la co<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie con<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>nnelle \u2013 i<span class=\"_ _5\"/>nclus<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans l<span class=\"_ _5\"/>a rubr<span class=\"_ _5\"/>ique \"Autre<span class=\"_ _5\"/>s\" \u2013 ont cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>\u00e9 \u00e0 la bais<span class=\"_ _5\"/>se du t<span class=\"_ _5\"/>aux d'imp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on en 202<span class=\"_ _5\"/>2. Ce<span class=\"_ _5\"/>s \u00e9l\u00e9m<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s ont \u00e9t\u00e9 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r des</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9p<span class=\"_ _5\"/>ens<span class=\"_ _5\"/>es non d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tibl<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t et l'impac<span class=\"_ _5\"/>t de<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les en si<span class=\"_ _5\"/>tuatio<span class=\"_ _5\"/>n de per<span class=\"_ _5\"/>te p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>squel<span class=\"_ _5\"/>les auc<span class=\"_ _5\"/>un act<span class=\"_ _5\"/>if d'imp\u00f4<span class=\"_ _5\"/>ts di<span class=\"_ _5\"/>ff\u00e9r\u00e9<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>comp<span class=\"_ _5\"/>l\u00e8te)</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n'<span class=\"_ _d\"/>a \u00e9t<span class=\"_ _5\"/>\u00e9 reconn<span class=\"_ _5\"/>ue.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 2021, l'eff<span class=\"_ _5\"/>et f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>l des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s en situa<span class=\"_ _5\"/>tion de p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te (po<span class=\"_ _5\"/>ur les<span class=\"_ _5\"/>quelle<span class=\"_ _5\"/>s aucun a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f d'imp\u00f4t diff<span class=\"_ _5\"/>\u00e9r\u00e9 ou a<span class=\"_ _5\"/>ucun ac<span class=\"_ _5\"/>tif d'im<span class=\"_ _5\"/>p\u00f4t diff\u00e9<span class=\"_ _5\"/>r\u00e9 comp<span class=\"_ _5\"/>let n'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>st</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">reco<span class=\"_ _5\"/>nnu) es<span class=\"_ _5\"/>t impac<span class=\"_ _5\"/>t\u00e9 par un<span class=\"_ _5\"/>e moins \u2013 v<span class=\"_ _5\"/>alue exce<span class=\"_ _5\"/>ptio<span class=\"_ _5\"/>nnelle s<span class=\"_ _5\"/>ur la vente d<span class=\"_ _5\"/>e The Mail G<span class=\"_ _5\"/>roup par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t US Holdin<span class=\"_ _5\"/>g. Cet im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t n\u00e9gat<span class=\"_ _5\"/>if sur le t<span class=\"_ _5\"/>aux</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u2019imp<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ion eff<span class=\"_ _5\"/>ect<span class=\"_ _5\"/>if a \u00e9t\u00e9 com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>\u00e9 par le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s diff\u00e9r<span class=\"_ _5\"/>ence<span class=\"_ _5\"/>s qui compr<span class=\"_ _5\"/>enne<span class=\"_ _5\"/>nt cer<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>s cr\u00e9di<span class=\"_ _5\"/>ts d'im<span class=\"_ _5\"/>p\u00f4t et d\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nce, le t<span class=\"_ _5\"/>aux d'imp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if es<span class=\"_ _5\"/>t proch<span class=\"_ _5\"/>e du tau<span class=\"_ _5\"/>x th\u00e9<span class=\"_ _5\"/>oriqu<span class=\"_ _5\"/>e de 25<span class=\"_ _5\"/>% en 2021<span class=\"_ _5\"/>.</div>\n\n<div class=\"t m0 x5 hb y5d ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts dif<span class=\"_ _5\"/>f\u00e9r<span class=\"_ _5\"/>\u00e9s pr\u00e9se<span class=\"_ _5\"/>nt\u00e9s au bila<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ions d\u2019i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s ne<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s sont c<span class=\"_ _5\"/>alcul\u00e9<span class=\"_ _5\"/>es sur ba<span class=\"_ _5\"/>se de la p<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ion f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>le de chaq<span class=\"_ _5\"/>ue enti<span class=\"_ _5\"/>t\u00e9. Les m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>ts n<span class=\"_ _5\"/>ets s<span class=\"_ _5\"/>ont pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9s dan<span class=\"_ _5\"/>s le</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bila<span class=\"_ _5\"/>n par ent<span class=\"_ _5\"/>it\u00e9 l\u00e9gal<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 252px; height: 65px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 252px; height: 830px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 252px; height: 830px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 des a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>s d'imp<span class=\"_ _5\"/>\u00f4ts d<span class=\"_ _5\"/>iff\u00e9r\u00e9<span class=\"_ _5\"/>s de 18,<span class=\"_ _5\"/>4 mEUR. C<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>s d'imp\u00f4<span class=\"_ _5\"/>ts diff<span class=\"_ _5\"/>\u00e9r\u00e9s s<span class=\"_ _5\"/>e comp<span class=\"_ _5\"/>osent</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>e suit :</div>\n<div class=\"t m0 x7 hc y9fc ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1fd\"> </span><span class=\"ff7 lsf ws11\">2021</span></div>\n<div class=\"t m0 x90 hc y9fd ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT S<span class=\"_ _5\"/>UR LE</div>\n<div class=\"t m0 x171 hc y9fe ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00c9<span class=\"_ _5\"/>SULTAT DE</div>\n<div class=\"t m0 x14b hc y9ff ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">L<span class=\"_ _1\"/>'ANN\u00c9E</div>\n<div class=\"t m0 x130 hc ya00 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT S<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x130 hc ya01 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S AUTR<span class=\"_ _5\"/>ES</div>\n<div class=\"t m0 x143 hc ya02 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">\u00c9L\u00c9MENTS</div>\n<div class=\"t m0 x172 hc ya03 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DU R<span class=\"_ _5\"/>\u00c9SU<span class=\"_ _5\"/>L<span class=\"_ _d\"/>TAT</div>\n<div class=\"t m0 x46 hc ya04 ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">GLOB<span class=\"_ _5\"/>AL</div>\n<div class=\"t m0 x173 hc ya05 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT D<span class=\"_ _5\"/>U RE-</div>\n<div class=\"t m0 x7c hc ya06 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">GROUPEMENT</div>\n<div class=\"t m0 x18 hc ya07 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'ENTREPRI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x96 hc ya08 ff5 fs7 fc2 sc0 ls6b ws7f\" style=\"z-index: 15;\">SES</div>\n<div class=\"t m0 x55 hc ya07 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>TS DE</div>\n<div class=\"t m0 xfe hc ya08 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVERSION<span class=\"_ _79\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _109\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></span></div>\n<div class=\"t m0 x7 hc ya09 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>P\u00d4T<span class=\"_ _5\"/>S DIF<span class=\"_ _5\"/>F\u00c9R<span class=\"_ _5\"/>\u00c9S DE<span class=\"_ _5\"/>S ACT<span class=\"_ _5\"/>IFS</div>\n<div class=\"t m0 x7 hd ya0a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>e au per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel<span class=\"_ _1fe\"> </span><span class=\"ls17 ws19\">19,<span class=\"_ _5\"/>2<span class=\"_ _109\"> </span></span>(0,0)<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _90\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _1cf\"> </span>0,7</span></span></div>\n<div class=\"t m0 x7 hd ya0b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions<span class=\"_ _12\"> </span><span class=\"ls14 ws16\">1,4<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,2<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _109\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>2)<span class=\"_ _11e\"> </span></span>0,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ya0c ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Pertes fisca<span class=\"_ _d\"/>les re<span class=\"_ _d\"/>port\u00e9es<span class=\"_ _4d\"> </span><span class=\"ls25 ws27\">56,0<span class=\"_ _109\"> </span><span class=\"ls2b ws2d\">(9,8)<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _eb\"> </span>0,0<span class=\"_ _eb\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>2<span class=\"_ _eb\"> </span></span>0,0<span class=\"_ _135\"> </span><span class=\"ls17 ws19\">49,<span class=\"_ _5\"/>4</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya0d ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _1ff\"> </span><span class=\"ls7 ws8\">32,8<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>3<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _eb\"> </span>0,0<span class=\"_ _11e\"> </span>0,9<span class=\"_ _90\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>)<span class=\"_ _135\"> </span><span class=\"ls1a ws1c\">24,2</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya0e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES IMP\u00d4TS DIFF\u00c9R\u00c9S DES</div>\n<div class=\"t m0 x7 hf ya0f ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ACTIF<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x174 h1b ya10 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">109,<span class=\"_ _5\"/>3<span class=\"_ _dd\"> </span><span class=\"lsdb wsfb\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _10a\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _10a\"> </span><span class=\"ls1d ws1f\">4,1<span class=\"_ _1c6\"> </span><span class=\"ls86 ws50\">(3<span class=\"_ _5\"/>3,6)<span class=\"_ _109\"> </span><span class=\"ls2f ws31\">74,<span class=\"_ _5\"/>6</span></span></span></span></span></div>\n<div class=\"t m0 x7 hc ya11 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>P\u00d4T<span class=\"_ _5\"/>S DIF<span class=\"_ _5\"/>F\u00c9R<span class=\"_ _5\"/>\u00c9S DE<span class=\"_ _5\"/>S PAS<span class=\"_ _5\"/>SIF<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hd ya12 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> corporelles<span class=\"_ _129\"> </span><span class=\"ls28 ws2a\">48<span class=\"_ _5\"/>,6<span class=\"_ _94\"> </span><span class=\"ls2b ws2d\">(5<span class=\"_ _5\"/>,2)<span class=\"_ _ac\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _eb\"> </span></span></span></span>2,3<span class=\"_ _1ca\"> </span><span class=\"ls1b ws1d\">(11<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _135\"> </span><span class=\"ls14 ws16\">34,4</span></span></div>\n<div class=\"t m0 x7 hd ya13 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> incorporelles<span class=\"_ _30\"> </span><span class=\"ls25 ws27\">28,0<span class=\"_ _109\"> </span><span class=\"ls90 wsa4\">(2,1)<span class=\"_ _ac\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span><span class=\"ls14 ws16\">1,1<span class=\"_ _1ca\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>,3<span class=\"_ _5\"/>)<span class=\"_ _135\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>8</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya14 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _a8\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _eb\"> </span><span class=\"ls26 ws28\">3,5<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _109\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _11e\"> </span><span class=\"ls14 ws16\">1,6<span class=\"_ _11e\"> </span></span></span></span>5,1</div>\n<div class=\"t m0 x7 hf ya15 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES IMP\u00d4TS DIFF\u00c9R\u00c9S DES</div>\n<div class=\"t m0 x7 hf ya16 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">P<span class=\"_ _d\"/>ASSIFS</div>\n<div class=\"t m0 x4d h1b ya17 ff7 fs8 fc3 sc0 ls17 ws19\" style=\"z-index: 15;\">76,<span class=\"_ _5\"/>6<span class=\"_ _ef\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>,8)<span class=\"_ _200\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _10a\"> </span><span class=\"ls25 ws27\">3,5<span class=\"_ _1c6\"> </span><span class=\"ls2b ws2d\">(2<span class=\"_ _5\"/>0,0)<span class=\"_ _94\"> </span><span class=\"ls1d ws1f\">56,<span class=\"_ _5\"/>2</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya18 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">IMP\u00d4T<span class=\"_ _d\"/>S DIFF\u00c9R\u00c9S NETS D'<span class=\"_ _1\"/>ACTIF<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x4d h1b ya19 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">32,8<span class=\"_ _dd\"> </span><span class=\"ls45 ws4a\">(1,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _200\"> </span><span class=\"lsd4 wsf5\">0,7<span class=\"_ _201\"> </span></span></span>(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>5)<span class=\"_ _91\"> </span><span class=\"ls2d ws2f\">18,4</span></span></div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La di<span class=\"_ _5\"/>minuti<span class=\"_ _5\"/>on de l'act<span class=\"_ _5\"/>if d'imp\u00f4<span class=\"_ _5\"/>t diff\u00e9r<span class=\"_ _5\"/>\u00e9 s'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>plique p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par le t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>fer<span class=\"_ _5\"/>t de<span class=\"_ _5\"/>s sold<span class=\"_ _5\"/>es ver<span class=\"_ _5\"/>s les pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s d'imp\u00f4t d<span class=\"_ _5\"/>iff\u00e9r\u00e9<span class=\"_ _5\"/>, prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment en</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>son de l'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x d'actu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment a<span class=\"_ _5\"/>ux ann\u00e9<span class=\"_ _5\"/>es pr<span class=\"_ _5\"/>\u00e9c\u00e9d<span class=\"_ _5\"/>entes<span class=\"_ _5\"/>, les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d'imp\u00f4<span class=\"_ _5\"/>ts diff<span class=\"_ _5\"/>\u00e9r\u00e9<span class=\"_ _5\"/>s li\u00e9s au<span class=\"_ _5\"/>x per<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cale<span class=\"_ _5\"/>s repo<span class=\"_ _5\"/>rt\u00e9<span class=\"_ _5\"/>es s<span class=\"_ _5\"/>ont pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement e<span class=\"_ _5\"/>xpli<span class=\"_ _5\"/>qu\u00e9s pa<span class=\"_ _5\"/>r la</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on d\u2019un ac<span class=\"_ _5\"/>tif d'imp<span class=\"_ _5\"/>\u00f4ts di<span class=\"_ _5\"/>ff\u00e9r\u00e9<span class=\"_ _5\"/>s pour Ra<span class=\"_ _5\"/>dial US (4<span class=\"_ _5\"/>4,1 mEUR). Ce<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s fis<span class=\"_ _5\"/>cale<span class=\"_ _5\"/>s nord \u2013 am<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>caine<span class=\"_ _5\"/>s rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9es p<span class=\"_ _5\"/>our les<span class=\"_ _5\"/>quel<span class=\"_ _5\"/>les</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un ac<span class=\"_ _5\"/>tif d'im<span class=\"_ _5\"/>p\u00f4t diff\u00e9<span class=\"_ _5\"/>r\u00e9 a \u00e9t\u00e9 com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9, e<span class=\"_ _5\"/>xpir<span class=\"_ _5\"/>eront e<span class=\"_ _5\"/>ntre 202<span class=\"_ _5\"/>3 et 20<span class=\"_ _5\"/>37 (23<span class=\"_ _5\"/>,3 mEU<span class=\"_ _5\"/>R). Les pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>les enco<span class=\"_ _5\"/>urue<span class=\"_ _5\"/>s \u00e0 par<span class=\"_ _5\"/>tir d<span class=\"_ _5\"/>e 2018, quant \u00e0</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">elle<span class=\"_ _5\"/>s,  pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>es ind\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>iment (20,7 mEUR).</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 des pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s d'imp\u00f4<span class=\"_ _5\"/>ts diff<span class=\"_ _5\"/>\u00e9r\u00e9<span class=\"_ _5\"/>s pour un m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t de 11,0 mEUR<span class=\"_ _5\"/>. Les p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs d'imp<span class=\"_ _5\"/>\u00f4ts di<span class=\"_ _5\"/>ff\u00e9r\u00e9<span class=\"_ _5\"/>s r\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sulte<span class=\"_ _5\"/>nt prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t de la r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion de va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ions in<span class=\"_ _5\"/>corp<span class=\"_ _5\"/>orelle<span class=\"_ _5\"/>s li\u00e9s \u00e0 l'allo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on du pr<span class=\"_ _5\"/>ix d\u2019acquisi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n (<span class=\"_ _d\"/>aut<span class=\"_ _5\"/>res qu<span class=\"_ _5\"/>e Radial) pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r les diff<span class=\"_ _5\"/>\u00e9rence<span class=\"_ _5\"/>s temp<span class=\"_ _5\"/>orair<span class=\"_ _5\"/>es li\u00e9<span class=\"_ _5\"/>es aux a<span class=\"_ _5\"/>vanta<span class=\"_ _5\"/>ges du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel<span class=\"_ _5\"/>. Le pas<span class=\"_ _5\"/>sif d'imp<span class=\"_ _5\"/>\u00f4t diff\u00e9<span class=\"_ _5\"/>r\u00e9</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par t<span class=\"_ _5\"/>yp<span class=\"_ _5\"/>e de diff\u00e9<span class=\"_ _5\"/>rence te<span class=\"_ _5\"/>mpor<span class=\"_ _5\"/>aire et l<span class=\"_ _5\"/>es chan<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>e d\u00e9comp<span class=\"_ _5\"/>ose<span class=\"_ _5\"/>nt comme s<span class=\"_ _5\"/>uit :</div>\n<div class=\"t m0 x7 hc ya1a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1fd\"> </span><span class=\"ff7 lsf ws11\">2021</span></div>\n<div class=\"t m0 x6e hc ya1b ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT S<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x118 hc ya1c ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE R<span class=\"_ _5\"/>\u00c9SU<span class=\"_ _5\"/>L<span class=\"_ _1\"/>TA D<span class=\"_ _5\"/>E</div>\n<div class=\"t m0 x14b hc ya1d ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">L<span class=\"_ _1\"/>'ANN\u00c9E</div>\n<div class=\"t m0 x130 hc ya1e ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT S<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x130 hc ya1f ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S AUTR<span class=\"_ _5\"/>ES</div>\n<div class=\"t m0 x143 hc ya20 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">\u00c9L\u00c9MENTS</div>\n<div class=\"t m0 x172 hc ya21 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DU R<span class=\"_ _5\"/>\u00c9SU<span class=\"_ _5\"/>L<span class=\"_ _d\"/>TAT</div>\n<div class=\"t m0 x46 hc ya22 ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">GLOB<span class=\"_ _5\"/>AL</div>\n<div class=\"t m0 x173 hc ya23 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT D<span class=\"_ _5\"/>U RE-</div>\n<div class=\"t m0 x7c hc ya24 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">GROUPEMENT</div>\n<div class=\"t m0 x18 hc ya25 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'ENTREPRI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x96 hc ya26 ff5 fs7 fc2 sc0 ls6b ws7f\" style=\"z-index: 15;\">SES</div>\n<div class=\"t m0 x175 hc ya27 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT D<span class=\"_ _5\"/>U RE-</div>\n<div class=\"t m0 x60 hc ya28 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">GROUPEMENT</div>\n<div class=\"t m0 x98 hc ya29 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'ENTREPRI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 xa8 hc ya2a ff5 fs7 fc2 sc0 ls6b ws7f\" style=\"z-index: 15;\">SES</div>\n<div class=\"t m0 xa3 hc ya29 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>TS DE</div>\n<div class=\"t m0 xc7 hc ya2a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVERSION<span class=\"_ _109\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></div>\n<div class=\"t m0 x7 hc ya2b ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>P\u00d4T<span class=\"_ _5\"/>S DIF<span class=\"_ _5\"/>F\u00c9R<span class=\"_ _5\"/>\u00c9S DE<span class=\"_ _5\"/>S ACT<span class=\"_ _5\"/>IFS</div>\n<div class=\"t m0 x7 hd ya2c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>e au per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _90\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,4)<span class=\"_ _109\"> </span>(1<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>)<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _203\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>5<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">4,1</span></span></span></div>\n<div class=\"t m0 x7 hd ya2d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions<span class=\"_ _12\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _91\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>2<span class=\"_ _eb\"> </span>1,2</span></span></div>\n<div class=\"t m0 x7 hd ya2e ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Pertes fisca<span class=\"_ _d\"/>les re<span class=\"_ _d\"/>port\u00e9es<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\">0,2<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>2<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span><span class=\"ls14 ws16\">1,4</span></span></div>\n<div class=\"t m0 x7 hd ya2f ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _a8\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _91\"> </span><span class=\"ls0 ws0\">(0<span class=\"_ _5\"/>,9)<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _203\"> </span><span class=\"ls26 ws28\">13,<span class=\"_ _5\"/>8<span class=\"_ _109\"> </span><span class=\"ls42 ws4c\">12,9</span></span></span></div>\n<div class=\"t m0 x7 hf ya30 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES IMP\u00d4TS DIFF\u00c9R\u00c9S DES</div>\n<div class=\"t m0 x7 hf ya31 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ACTIF<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 xbb h1b ya32 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,2<span class=\"_ _1c6\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2)<span class=\"_ _dd\"> </span>(1<span class=\"_ _5\"/>,0)<span class=\"_ _200\"> </span></span>0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _94\"> </span><span class=\"ls25 ws27\">33,6<span class=\"_ _91\"> </span><span class=\"ls26 ws28\">19,6</span></span></div>\n<div class=\"t m0 x7 hc ya33 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>P\u00d4T<span class=\"_ _5\"/>S DIF<span class=\"_ _5\"/>F\u00c9R<span class=\"_ _5\"/>\u00c9S DE<span class=\"_ _5\"/>S PAS<span class=\"_ _5\"/>SIF<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hd ya34 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> corporelles<span class=\"_ _d5\"> </span>2,<span class=\"_ _5\"/>3<span class=\"_ _109\"> </span><span class=\"ls22 ws24\">(0,4)<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _135\"> </span><span class=\"ls43 ws4d\">11,3<span class=\"_ _203\"> </span><span class=\"ls26 ws28\">13,<span class=\"_ _5\"/>2</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya35 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> incorporelles<span class=\"_ _1a\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>5<span class=\"_ _91\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>8)<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>5<span class=\"_ _eb\"> </span></span>0,0<span class=\"_ _135\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3<span class=\"_ _135\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>4</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya36 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _204\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>1)<span class=\"_ _eb\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>2<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,6<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _109\"> </span></span></span>(1<span class=\"_ _5\"/>,6)<span class=\"_ _ac\"> </span><span class=\"ls14 ws16\">1,1</span></span></div>\n<div class=\"t m0 x7 hf ya37 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES IMP\u00d4TS DIFF\u00c9R\u00c9S DES</div>\n<div class=\"t m0 x7 hf ya38 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">P<span class=\"_ _d\"/>ASSIFS</div>\n<div class=\"t m0 xbb h1b ya39 ff7 fs8 fc3 sc0 ls26 ws28\" style=\"z-index: 15;\">6,6<span class=\"_ _10a\"> </span><span class=\"ls4c ws5a\">1,9<span class=\"_ _10a\"> </span><span class=\"ls14 ws16\">0,6<span class=\"_ _10a\"> </span></span>1,5<span class=\"_ _10a\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _91\"> </span>20,0<span class=\"_ _109\"> </span><span class=\"lsd4 wsf5\">30,7</span></span></span></div>\n<div class=\"t m0 x7 hf ya3a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">IMP\u00d4T<span class=\"_ _d\"/>S DIFF\u00c9R\u00c9S NETS D'<span class=\"_ _1\"/>ACTIF<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x16f h1b ya3b ff7 fs8 fc3 sc0 ls22 ws24\" style=\"z-index: 15;\">(6,<span class=\"_ _5\"/>4)<span class=\"_ _1c6\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)<span class=\"_ _dd\"> </span>(1<span class=\"_ _5\"/>,7)<span class=\"_ _dd\"> </span>(1<span class=\"_ _5\"/>,5<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _94\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>5<span class=\"_ _1c6\"> </span></span></span>(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>0)</span></div>\n<div class=\"t m0 x5 h8 yb8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt li\u00e9e a<span class=\"_ _5\"/>u tran<span class=\"_ _5\"/>sfer<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>e cer<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>es ent<span class=\"_ _5\"/>it\u00e9s d'une p<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ion net<span class=\"_ _5\"/>te d'ac<span class=\"_ _5\"/>tifs d'i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 57px; height: 1025px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 57px; height: 1025px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 57px; height: 1025px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Imp\u00f4ts diff\u00e9r\u00e9s non compt<span class=\"_ _d\"/>abilis\u00e9s</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs d'imp<span class=\"_ _5\"/>\u00f4ts d<span class=\"_ _5\"/>iff\u00e9r\u00e9<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cales r<span class=\"_ _5\"/>epor<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>es ne s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9s q<span class=\"_ _5\"/>ue dans la m<span class=\"_ _5\"/>esure o<span class=\"_ _5\"/>\u00f9 ces pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes comp<span class=\"_ _5\"/>ense<span class=\"_ _5\"/>nt un b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ice</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">imp<span class=\"_ _5\"/>osabl<span class=\"_ _5\"/>e dans le fu<span class=\"_ _5\"/>tur<span class=\"_ _d\"/>. bp<span class=\"_ _5\"/>ost \u00e9<span class=\"_ _5\"/>value un<span class=\"_ _5\"/>e p\u00e9r<span class=\"_ _5\"/>iode d<span class=\"_ _5\"/>e recou<span class=\"_ _5\"/>vrem<span class=\"_ _5\"/>ent de 5 an<span class=\"_ _5\"/>s, confo<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>ment \u00e0 l'ho<span class=\"_ _5\"/>rizon d<span class=\"_ _5\"/>es pla<span class=\"_ _5\"/>ns \u00e0 long te<span class=\"_ _5\"/>rme et b<span class=\"_ _5\"/>udget<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s test<span class=\"_ _5\"/>s de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>. S<span class=\"_ _5\"/>uite \u00e0 cet<span class=\"_ _5\"/>te \u00e9va<span class=\"_ _5\"/>luation<span class=\"_ _5\"/>, aucun a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f d'imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s n'a \u00e9t\u00e9 comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 \u00e0 con<span class=\"_ _5\"/>curre<span class=\"_ _5\"/>nce de</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">115<span class=\"_ _5\"/>,<span class=\"_ _d\"/>7 mEUR d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cale<span class=\"_ _5\"/>s repo<span class=\"_ _5\"/>rt\u00e9<span class=\"_ _5\"/>es<span class=\"_ _5\"/>. La majo<span class=\"_ _5\"/>rit\u00e9 d<span class=\"_ _5\"/>e ces per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>scale<span class=\"_ _5\"/>s non co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es con<span class=\"_ _5\"/>cerne<span class=\"_ _5\"/>nt des e<span class=\"_ _5\"/>ntit\u00e9<span class=\"_ _5\"/>s situ\u00e9<span class=\"_ _5\"/>es en A<span class=\"_ _5\"/>llemag<span class=\"_ _5\"/>ne</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(57<span class=\"_ _1\"/>,<span class=\"_ _5\"/>0 mEUR), au Luxe<span class=\"_ _5\"/>mbour<span class=\"_ _5\"/>g (21,0 mEUR<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, en B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>que (1<span class=\"_ _1\"/>7<span class=\"_ _d\"/>,<span class=\"_ _5\"/>8 mEUR) et \u00e0 Sin<span class=\"_ _5\"/>gapo<span class=\"_ _5\"/>ur (<span class=\"_ _d\"/>1,<span class=\"_ _5\"/>3 mEUR). En B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue, en Al<span class=\"_ _5\"/>lemagn<span class=\"_ _5\"/>e et \u00e0 Sing<span class=\"_ _5\"/>apour, les</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>scal<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>s ind\u00e9f<span class=\"_ _5\"/>inim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>. Au Luxe<span class=\"_ _5\"/>mbour<span class=\"_ _5\"/>g, le<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>tes s<span class=\"_ _5\"/>ubies a<span class=\"_ _5\"/>vant le 1er jan<span class=\"_ _5\"/>vier 201<span class=\"_ _d\"/>7 pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>es san<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">limit<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de temps<span class=\"_ _5\"/>, tan<span class=\"_ _5\"/>dis que l'ut<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s subie<span class=\"_ _5\"/>s apr\u00e8s e<span class=\"_ _5\"/>st li<span class=\"_ _5\"/>mit\u00e9e \u00e0 17 ans.</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le cr\u00e9<span class=\"_ _5\"/>dit d'imp<span class=\"_ _5\"/>\u00f4t non com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9 au<span class=\"_ _5\"/>x \u00c9tat<span class=\"_ _5\"/>s \u2013 Unis s'\u00e9l\u00e8ve \u00e0 17<span class=\"_ _1\"/>,9 m<span class=\"_ _5\"/>EUR.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 912px; height: 170px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 912px; height: 170px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div class=\"t m0 x5 h1a y8b ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.15 <span class=\"_ _4\"> </span>R\u00e9sul<span class=\"_ _d\"/>tat par action</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment \u00e0 I<span class=\"_ _5\"/>AS 3<span class=\"_ _5\"/>3, le r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t de bas<span class=\"_ _5\"/>e par ac<span class=\"_ _5\"/>tion e<span class=\"_ _5\"/>st c<span class=\"_ _5\"/>alcul\u00e9 en d<span class=\"_ _5\"/>ivis<span class=\"_ _5\"/>ant le b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ice/(per<span class=\"_ _5\"/>te) de l\u2019ann\u00e9<span class=\"_ _5\"/>e att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>able au<span class=\"_ _5\"/>x act<span class=\"_ _5\"/>ionnai<span class=\"_ _5\"/>res ord<span class=\"_ _5\"/>i-</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">naire<span class=\"_ _5\"/>s de la s<span class=\"_ _5\"/>oci\u00e9t<span class=\"_ _5\"/>\u00e9 \u2013 m\u00e8re pa<span class=\"_ _5\"/>r le nomb<span class=\"_ _5\"/>re moyen p<span class=\"_ _5\"/>ond\u00e9<span class=\"_ _5\"/>r\u00e9 d\u2019act<span class=\"_ _5\"/>ions or<span class=\"_ _5\"/>dinaire<span class=\"_ _5\"/>s en circ<span class=\"_ _5\"/>ulatio<span class=\"_ _5\"/>n duran<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>ann\u00e9<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le r\u00e9<span class=\"_ _5\"/>sultat p<span class=\"_ _5\"/>ar ac<span class=\"_ _5\"/>tion dil<span class=\"_ _5\"/>u\u00e9 es<span class=\"_ _5\"/>t calcu<span class=\"_ _5\"/>l\u00e9 en div<span class=\"_ _5\"/>isant le b<span class=\"_ _5\"/>\u00e9n\u00e9<span class=\"_ _5\"/>fice/(pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te) attr<span class=\"_ _5\"/>ibua<span class=\"_ _5\"/>ble aux a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>onnaire<span class=\"_ _5\"/>s ordin<span class=\"_ _5\"/>aires d<span class=\"_ _5\"/>e la soc<span class=\"_ _5\"/>i\u00e9t\u00e9 \u2013 m\u00e8<span class=\"_ _5\"/>re (<span class=\"_ _d\"/>ap<span class=\"_ _5\"/>r\u00e8s</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ajus<span class=\"_ _5\"/>teme<span class=\"_ _5\"/>nt des e<span class=\"_ _5\"/>ffet<span class=\"_ _5\"/>s au tit<span class=\"_ _5\"/>re de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ions or<span class=\"_ _5\"/>dinaire<span class=\"_ _5\"/>s poten<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>s dilut<span class=\"_ _5\"/>ives) par le n<span class=\"_ _5\"/>ombre m<span class=\"_ _5\"/>oyen po<span class=\"_ _5\"/>nd\u00e9r<span class=\"_ _5\"/>\u00e9 d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns ordin<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>n circulat<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur<span class=\"_ _5\"/>ant l\u2019ann\u00e9e<span class=\"_ _5\"/>, major\u00e9 du n<span class=\"_ _5\"/>ombr<span class=\"_ _5\"/>e moyen p<span class=\"_ _5\"/>ond\u00e9<span class=\"_ _5\"/>r\u00e9 d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns ordi<span class=\"_ _5\"/>naires q<span class=\"_ _5\"/>ui ser<span class=\"_ _5\"/>aient \u00e9<span class=\"_ _5\"/>mise<span class=\"_ _5\"/>s lors d<span class=\"_ _5\"/>e la conver<span class=\"_ _5\"/>sion e<span class=\"_ _5\"/>n act<span class=\"_ _5\"/>ions or<span class=\"_ _5\"/>dinaire<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">toute<span class=\"_ _5\"/>s les ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns ordi<span class=\"_ _5\"/>naires p<span class=\"_ _5\"/>otent<span class=\"_ _5\"/>iellem<span class=\"_ _5\"/>ent dilu<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le c<span class=\"_ _5\"/>as de b<span class=\"_ _5\"/>post<span class=\"_ _5\"/>, aucu<span class=\"_ _5\"/>n effet d<span class=\"_ _5\"/>e diluti<span class=\"_ _5\"/>on n\u2019<span class=\"_ _d\"/>affe<span class=\"_ _5\"/>cte le b<span class=\"_ _5\"/>\u00e9n\u00e9<span class=\"_ _5\"/>fice/(pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te) attr<span class=\"_ _5\"/>ibua<span class=\"_ _5\"/>ble aux a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>onnaire<span class=\"_ _5\"/>s ordin<span class=\"_ _5\"/>aires d<span class=\"_ _5\"/>e la soc<span class=\"_ _5\"/>i\u00e9t\u00e9 \u2013 m\u00e8<span class=\"_ _5\"/>re ni le</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nom<span class=\"_ _5\"/>bre moye<span class=\"_ _5\"/>n pond<span class=\"_ _5\"/>\u00e9r\u00e9 d\u2019ac<span class=\"_ _5\"/>tions o<span class=\"_ _5\"/>rdinair<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau ci \u2013 d<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>ous re<span class=\"_ _5\"/>fl\u00e8<span class=\"_ _5\"/>te le r\u00e9s<span class=\"_ _5\"/>ultat et l<span class=\"_ _5\"/>es donn<span class=\"_ _5\"/>\u00e9es p<span class=\"_ _5\"/>ar ac<span class=\"_ _5\"/>tion ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s dans le c<span class=\"_ _5\"/>alcul du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at par ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de bas<span class=\"_ _5\"/>e et dilu\u00e9 :</div>\n<div class=\"t m0 x7 hb y8b2 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ya3c ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 h1b ya3d ff7 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9s<span class=\"_ _5\"/>ult<span class=\"_ _5\"/>at net a<span class=\"_ _5\"/>tt<span class=\"_ _5\"/>rib<span class=\"_ _5\"/>uabl<span class=\"_ _5\"/>e aux a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>onn<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s ordi<span class=\"_ _5\"/>nai<span class=\"_ _5\"/>res de l<span class=\"_ _5\"/>a soc<span class=\"_ _5\"/>i\u00e9t\u00e9 \u2013 m<span class=\"_ _5\"/>\u00e8re</div>\n<div class=\"t m0 x7 h1b ya3e ff7 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">po<span class=\"_ _5\"/>ur le re<span class=\"_ _5\"/>venu pa<span class=\"_ _5\"/>r ac<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e bas<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x176 hd ya3d ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">232,<span class=\"_ _5\"/>5<span class=\"_ _134\"> </span><span class=\"ls18 ws1a\">2<span class=\"_ _5\"/>50,9</span></div>\n<div class=\"t m0 x7 hd ya3f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aj<span class=\"_ _5\"/>uste<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s po<span class=\"_ _5\"/>ur les e<span class=\"_ _5\"/>ff<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s de dilu<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x7 h1b ya40 ff7 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9s<span class=\"_ _5\"/>ult<span class=\"_ _5\"/>at net a<span class=\"_ _5\"/>tt<span class=\"_ _5\"/>rib<span class=\"_ _5\"/>uabl<span class=\"_ _5\"/>e aux a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>onn<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s ordi<span class=\"_ _5\"/>nai<span class=\"_ _5\"/>res de l<span class=\"_ _5\"/>a soc<span class=\"_ _5\"/>i\u00e9t\u00e9 \u2013 m<span class=\"_ _5\"/>\u00e8re<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x7 h1b ya41 ff7 fs8 fc2 sc0 ls0 ws25\" style=\"z-index: 15;\">aju<span class=\"_ _5\"/>st\u00e9 d<span class=\"_ _5\"/>es eff<span class=\"_ _5\"/>ets de di<span class=\"_ _5\"/>lut<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x176 hd ya40 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">232,<span class=\"_ _5\"/>5<span class=\"_ _134\"> </span><span class=\"ls18 ws1a\">2<span class=\"_ _5\"/>50,9</span></div>\n<div class=\"t m0 x7 hc ya42 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ON D'AC<span class=\"_ _5\"/>TI<span class=\"_ _5\"/>ONS</div>\n<div class=\"t m0 x7 h1b ya43 ff7 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">No<span class=\"_ _5\"/>mbre m<span class=\"_ _5\"/>oyen po<span class=\"_ _5\"/>nd\u00e9<span class=\"_ _5\"/>r\u00e9 d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ons or<span class=\"_ _5\"/>din<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s ent<span class=\"_ _5\"/>rant e<span class=\"_ _5\"/>n comp<span class=\"_ _5\"/>te po<span class=\"_ _5\"/>ur le</div>\n<div class=\"t m0 x7 h1b ya44 ff7 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">reve<span class=\"_ _5\"/>nu pa<span class=\"_ _5\"/>r act<span class=\"_ _5\"/>ion d<span class=\"_ _5\"/>e base</div>\n<div class=\"t m0 x176 hd ya43 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">200,0<span class=\"_ _130\"> </span>200,0</div>\n<div class=\"t m0 x7 hd ya45 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ef<span class=\"_ _5\"/>fet de d<span class=\"_ _5\"/>iluti<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x7 h1b ya46 ff7 fs8 fc2 sc0 ls0 ws25\" style=\"z-index: 15;\">No<span class=\"_ _5\"/>mbre moy<span class=\"_ _5\"/>en pon<span class=\"_ _5\"/>d\u00e9r\u00e9 d'a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons or<span class=\"_ _5\"/>dina<span class=\"_ _5\"/>ires aj<span class=\"_ _5\"/>us<span class=\"_ _5\"/>t\u00e9 pour le<span class=\"_ _5\"/>s effe<span class=\"_ _5\"/>ts de</div>\n<div class=\"t m0 x7 h1b ya47 ff5 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">dilution</div>\n<div class=\"t m0 x176 hd ya46 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">200,0<span class=\"_ _130\"> </span>200,0</div>\n<div class=\"t m0 x7 hc ya48 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN E<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x7 hd ya49 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De ba<span class=\"_ _5\"/>se, b<span class=\"_ _5\"/>\u00e9n\u00e9<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>e/(per<span class=\"_ _5\"/>te) pa<span class=\"_ _5\"/>r act<span class=\"_ _5\"/>ion at<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibua<span class=\"_ _5\"/>ble au<span class=\"_ _5\"/>x act<span class=\"_ _5\"/>ionn<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s ordin<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd ya4a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la s<span class=\"_ _5\"/>oci<span class=\"_ _5\"/>\u00e9t\u00e9 \u2013 m\u00e8<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x177 hd ya49 ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">1,16<span class=\"_ _1de\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>25</span></div>\n<div class=\"t m0 x7 hd ya4b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dil<span class=\"_ _5\"/>u\u00e9, b\u00e9<span class=\"_ _5\"/>nef<span class=\"_ _5\"/>ice/(p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te) par ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>on at<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>buabl<span class=\"_ _5\"/>e aux ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>onnai<span class=\"_ _5\"/>res or<span class=\"_ _5\"/>dinai<span class=\"_ _5\"/>res de</div>\n<div class=\"t m0 x7 hd ya4c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la so<span class=\"_ _5\"/>ci\u00e9<span class=\"_ _5\"/>t\u00e9 \u2013 m\u00e8r<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x177 hd ya4b ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">1,16<span class=\"_ _1de\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>25</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 285px; height: 587px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 285px; height: 797px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 lsa1 ws99\" style=\"z-index: 15;\">6.16 <span class=\"_\"> </span>Immobilisations corporelles</div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ya4d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc ya4e ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc ya4f ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc ya50 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x90 hc ya51 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x139 hc ya52 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x171 hc ya53 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EQUIPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc ya54 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x51 hc ya55 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x34 hc ya56 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x1c hc ya57 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x3c hc ya58 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 xd7 hc ya59 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xdd hc ya5a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17 hc ya5b ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x131 hc ya5c ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x12a hc ya5d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">TIONS C<span class=\"_ _d\"/>OR<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd0 hc ya5e ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">PORELLE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 xb4 hc ya5f ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc ya60 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">S<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ONS<span class=\"_ _5\"/> </div>\n<div class=\"t m0 x57 hc ya61 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xb4 hc ya62 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L.</div>\n<div class=\"t m0 x65 hc ya63 ff5 fs7 fc2 sc0 ls54 ws65\" style=\"z-index: 15;\">ROU)</div>\n<div class=\"t m0 xa3 hc ya64 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TIT<span class=\"_ _1\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa9 hc ya65 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">RE D<span class=\"_ _5\"/>E DRO<span class=\"_ _5\"/>IT</div>\n<div class=\"t m0 x9b hc ya66 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'UTILISATI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x178 hc ya67 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON (R<span class=\"_ _5\"/>OU)<span class=\"_ _96\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc ya68 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">CO\u00db<span class=\"_ _5\"/>TS D'ACQ<span class=\"_ _5\"/>UIS<span class=\"_ _5\"/>ITI<span class=\"_ _5\"/>ON</div>\n<div class=\"t m0 x7 hf ya69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 ya6a ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf ya69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x15a h1b ya6b ff7 fs8 fc3 sc0 ls2e ws30\" style=\"z-index: 15;\">606,3<span class=\"_ _97\"> </span><span class=\"lsd4 wsf5\">45<span class=\"_ _5\"/>3,7<span class=\"_ _96\"> </span><span class=\"ls49 ws57\">482,<span class=\"_ _5\"/>2<span class=\"_ _96\"> </span></span></span>228,4<span class=\"_ _8a\"> </span><span class=\"ls25 ws27\">32<span class=\"_ _5\"/>,4<span class=\"_ _8e\"> </span><span class=\"ls7 ws8\">1.803<span class=\"_ _5\"/>,0<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">650,5<span class=\"_ _8e\"> </span></span></span>2<span class=\"_ _5\"/>.453,5</span></div>\n<div class=\"t m0 x7 hd ya6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">3,7<span class=\"_ _1c6\"> </span><span class=\"ls20 ws22\">26,9<span class=\"_ _205\"> </span><span class=\"ls28 ws2a\">53,6<span class=\"_ _205\"> </span><span class=\"ls3b ws43\">45,2<span class=\"_ _205\"> </span></span>18,1<span class=\"_ _79\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>4<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6<span class=\"_ _4c\"> </span><span class=\"ls22 ws24\">164,<span class=\"_ _5\"/>4<span class=\"_ _93\"> </span><span class=\"ls2b ws2d\">311,<span class=\"_ _5\"/>9</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya6d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions via regroupements</div>\n<div class=\"t m0 x7 hd ya6e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>entreprises</div>\n<div class=\"t m0 x16f hd ya6d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0</div>\n<div class=\"t m0 x7 hd ya6f ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Ajustements<span class=\"_ _1ee\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _205\"> </span><span class=\"ls25 ws27\">68,0<span class=\"_ _205\"> </span>68,0</span></span></div>\n<div class=\"t m0 x7 hd ya70 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _207\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _97\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _95\"> </span><span class=\"ls0 ws0\">(31,<span class=\"_ _5\"/>5)<span class=\"_ _44\"> </span></span></span>(8<span class=\"_ _5\"/>,1)<span class=\"_ _206\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _95\"> </span><span class=\"ls2b ws2d\">(52<span class=\"_ _5\"/>,6)<span class=\"_ _95\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>0,4)<span class=\"_ _95\"> </span></span>(8<span class=\"_ _5\"/>3,0)</span></span></span></div>\n<div class=\"t m0 x7 hd ya71 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _108\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _b0\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>0)<span class=\"_ _44\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,4)<span class=\"_ _44\"> </span></span></span></span>(0,<span class=\"_ _5\"/>5)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _b0\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>8)<span class=\"_ _44\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _13f\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>,1)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya72 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ya73 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ya74 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4c hd ya75 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">(22,7)<span class=\"_ _97\"> </span><span class=\"ls18 ws1a\">(20,7)<span class=\"_ _44\"> </span></span>(2,7)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _44\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _97\"> </span>(4<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2)<span class=\"_ _95\"> </span><span class=\"ls0 ws0\">(3<span class=\"_ _5\"/>9,2)<span class=\"_ _95\"> </span><span class=\"ls22 ws24\">(8<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>4)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya76 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _138\"> </span>0,4<span class=\"_ _205\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>,1<span class=\"_ _138\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _138\"> </span><span class=\"ls14 ws16\">1,1<span class=\"_ _1c6\"> </span><span class=\"ls1b ws1d\">19<span class=\"_ _5\"/>,7<span class=\"_ _1c6\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3<span class=\"_ _201\"> </span>3<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya77 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _c7\"> </span><span class=\"ls2b ws2d\">(8,<span class=\"_ _5\"/>2)<span class=\"_ _b0\"> </span><span class=\"ls0 ws0\">(0,6)<span class=\"_ _206\"> </span><span class=\"ls17 ws19\">9,1<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">8<span class=\"_ _5\"/>,7<span class=\"_ _97\"> </span>(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2)<span class=\"_ _44\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,3)<span class=\"_ _206\"> </span><span class=\"ls7 ws8\">5,0<span class=\"_ _206\"> </span></span></span>0,7</span></span></span></span></div>\n<div class=\"t m0 x7 hf ya78 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x15a h1b ya79 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">579,<span class=\"_ _5\"/>3<span class=\"_ _96\"> </span><span class=\"ls2c ws2e\">442,<span class=\"_ _5\"/>8<span class=\"_ _96\"> </span><span class=\"ls3b ws43\">526,4<span class=\"_ _97\"> </span><span class=\"ls43 ws4d\">275,8<span class=\"_ _77\"> </span><span class=\"ls49 ws57\">38,<span class=\"_ _5\"/>2<span class=\"_ _e3\"> </span><span class=\"lse6 ws10a\">1.862,4<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">830,<span class=\"_ _5\"/>3<span class=\"_ _71\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>.6<span class=\"_ _5\"/>92<span class=\"_ _5\"/>,7</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 ya7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf ya7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x15a h1b ya7c ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">579,<span class=\"_ _5\"/>3<span class=\"_ _96\"> </span><span class=\"ls2c ws2e\">442,<span class=\"_ _5\"/>8<span class=\"_ _96\"> </span><span class=\"ls3b ws43\">526,4<span class=\"_ _97\"> </span><span class=\"ls43 ws4d\">275,8<span class=\"_ _77\"> </span><span class=\"ls49 ws57\">38,<span class=\"_ _5\"/>2<span class=\"_ _e3\"> </span><span class=\"lse6 ws10a\">1.862,4<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">830,<span class=\"_ _5\"/>3<span class=\"_ _71\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>.6<span class=\"_ _5\"/>92<span class=\"_ _5\"/>,7</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">1,0<span class=\"_ _205\"> </span>3<span class=\"_ _5\"/>4,4<span class=\"_ _1c6\"> </span><span class=\"lsbc ws51\">41,7<span class=\"_ _1c6\"> </span><span class=\"ls1b ws1d\">28<span class=\"_ _5\"/>,7<span class=\"_ _205\"> </span><span class=\"ls18 ws1a\">40,<span class=\"_ _5\"/>3<span class=\"_ _13f\"> </span><span class=\"ls90 wsa4\">14<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>1<span class=\"_ _93\"> </span><span class=\"ls22 ws24\">163<span class=\"_ _5\"/>,4<span class=\"_ _13f\"> </span><span class=\"ls17 ws19\">3<span class=\"_ _5\"/>09,<span class=\"_ _5\"/>5</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya7e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions via regroupements</div>\n<div class=\"t m0 x7 hd ya7f ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>entreprises</div>\n<div class=\"t m0 x48 hd ya7e ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">20,5<span class=\"_ _205\"> </span><span class=\"ls42 ws4c\">12,2<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>,7<span class=\"_ _138\"> </span></span></span>0,0<span class=\"_ _206\"> </span>0,1<span class=\"_ _b0\"> </span><span class=\"ls7 ws8\">3<span class=\"_ _5\"/>5,5<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _205\"> </span><span class=\"ls7 ws8\">35,5</span></div>\n<div class=\"t m0 x7 hd ya80 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Ajustements<span class=\"_ _1ee\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _1c6\"> </span><span class=\"ls12 ws14\">6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _201\"> </span>6<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8</span></span></div>\n<div class=\"t m0 x7 hd ya81 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _208\"> </span><span class=\"ls18 ws1a\">(20,0)<span class=\"_ _97\"> </span><span class=\"ls1d ws1f\">(36,0)<span class=\"_ _95\"> </span><span class=\"ls0 ws0\">(37,5)<span class=\"_ _b0\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>6)<span class=\"_ _138\"> </span></span></span></span>0,0<span class=\"_ _97\"> </span><span class=\"ls2b ws2d\">(9<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2)<span class=\"_ _13f\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>7<span class=\"_ _5\"/>)<span class=\"_ _92\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>55<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya82 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _1cc\"> </span>(0,0<span class=\"_ _5\"/>)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _44\"> </span></span>(0<span class=\"_ _5\"/>,0)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _206\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ya83 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ya84 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ya85 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4c hd ya86 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,4)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>2<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _136\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _97\"> </span></span>(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>2)<span class=\"_ _206\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _95\"> </span></span>(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>2)</div>\n<div class=\"t m0 x7 hd ya87 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _44\"> </span><span class=\"ls0 ws0\">(0,2)<span class=\"_ _205\"> </span><span class=\"ls26 ws28\">13,8<span class=\"_ _138\"> </span><span class=\"ls14 ws16\">1,2<span class=\"_ _138\"> </span>1,<span class=\"_ _5\"/>2<span class=\"_ _205\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>0<span class=\"_ _205\"> </span><span class=\"ls1b ws1d\">1<span class=\"_ _5\"/>5,7<span class=\"_ _1c6\"> </span><span class=\"ls2b ws2d\">31,8</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya88 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _209\"> </span><span class=\"ls20 ws22\">26,<span class=\"_ _5\"/>2<span class=\"_ _138\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _136\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>3<span class=\"_ _44\"> </span><span class=\"ls1b ws1d\">(6<span class=\"_ _5\"/>,7)<span class=\"_ _13f\"> </span><span class=\"ls17 ws19\">(19,6)<span class=\"_ _206\"> </span><span class=\"ls3b ws43\">3,1<span class=\"_ _b0\"> </span></span></span>(0,7<span class=\"_ _5\"/>)<span class=\"_ _138\"> </span><span class=\"ls28 ws2a\">2,4</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya89 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x15a h1b ya8a ff7 fs8 fc3 sc0 ls26 ws28\" style=\"z-index: 15;\">595,6<span class=\"_ _96\"> </span><span class=\"ls1f ws21\">455,3<span class=\"_ _96\"> </span><span class=\"ls9d wsaf\">548,5<span class=\"_ _84\"> </span><span class=\"ls1d ws1f\">294,<span class=\"_ _5\"/>3<span class=\"_ _8a\"> </span><span class=\"ls14 ws16\">6<span class=\"_ _5\"/>0,1<span class=\"_ _8e\"> </span><span class=\"ls25 ws27\">1<span class=\"_ _5\"/>.953,8<span class=\"_ _8e\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.018,<span class=\"_ _5\"/>8<span class=\"_ _8e\"> </span><span class=\"ls0 ws0\">2<span class=\"_ _5\"/>.97<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>6 </span></span></span></span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 450px; height: 602px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 450px; height: 602px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 450px; height: 632px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 450px; height: 632px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ya8b ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc ya8c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc ya8d ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc ya8e ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x171 hc ya8f ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc ya90 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x5b hc ya91 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EQUIPEMENTS</div>\n<div class=\"t m0 xcc hc ya92 ff5 fs7 fc2 sc0 lse7 ws3d\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x5f hc ya93 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x36 hc ya94 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x39 hc ya95 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x11f hc ya96 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x179 hc ya97 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17a hc ya98 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S IMM<span class=\"_ _5\"/>O<span class=\"ff7\">-</span></div>\n<div class=\"t m0 x17b hc ya99 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">BILISATIONS</div>\n<div class=\"t m0 x17a hc ya9a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPORELLES</div>\n<div class=\"t m0 x67 hc ya9b ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISATI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc ya9c ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">ONS C<span class=\"_ _d\"/>ORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa8 hc ya9d ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L. R<span class=\"_ _5\"/>OU)</div>\n<div class=\"t m0 xaa hc ya9e ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TITRE<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x10e hc ya9f ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE D<span class=\"_ _5\"/>ROI<span class=\"_ _5\"/>T D'UT<span class=\"_ _5\"/>I-</div>\n<div class=\"t m0 x17c hc yaa0 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">LISATION<span class=\"_ _d\"/> (ROU)<span class=\"_ _73\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hc yaa1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">R\u00c9\u00c9VALUA<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x7 hf yaa2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yaa3 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yaa2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x16f hd yaa4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaa5 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x170 hd yaa4 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">7,<span class=\"_ _5\"/>4<span class=\"_ _20a\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _10c\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _95\"> </span></span>7,<span class=\"_ _5\"/>4</div>\n<div class=\"t m0 x7 hd yaa6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yaa7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yaa8 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x16f hd yaa9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaaa ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaa9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yaab ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x16f hd yaac ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaab ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaac ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yaad ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x16f hd yaae ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaad ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaae ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hf yaaf ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x111 h1b yab0 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _1cc\"> </span>0,0<span class=\"_ _205\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1cc\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _5\"/>4<span class=\"_ _105\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _84\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _2\"/>4</span></div>\n<div class=\"t m0 x7 hf yab1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yab2 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yab1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x111 h1b yab3 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _1cc\"> </span>0,0<span class=\"_ _205\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1cc\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _5\"/>4<span class=\"_ _105\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _84\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _2\"/>4</span></div>\n<div class=\"t m0 x7 hd yab4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us \u00e0</div>\n<div class=\"t m0 x7 hd yab5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la ve<span class=\"_ _5\"/>nte ou co<span class=\"_ _5\"/>mme imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x7 hd yab6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">placement</div>\n<div class=\"t m0 x16f hd yab7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yab8 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yab7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yab9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s acqu<span class=\"_ _5\"/>is suit<span class=\"_ _5\"/>e \u00e0 des ac<span class=\"_ _5\"/>quis<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x7 hd yaba ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">de soci\u00e9t\u00e9s</div>\n<div class=\"t m0 x16f hd yabb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yab9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yabb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yabc ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x16f hd yabd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yabc ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yabd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yabe ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x16f hd yabf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yabe ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yabf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hf yac0 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x111 h1b yac1 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _1cc\"> </span>0,0<span class=\"_ _205\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1cc\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _5\"/>4<span class=\"_ _105\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _84\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _2\"/>4</span></div>\n<div class=\"t m0 x7 hc yac2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc yac3 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc yac4 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc yac5 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x171 hc yac6 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc yac7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x5b hc yac8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EQUIPEMENTS</div>\n<div class=\"t m0 xcc hc yac9 ff5 fs7 fc2 sc0 lse7 ws3d\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x5f hc yaca ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x36 hc yacb ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x39 hc yacc ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x11f hc yacd ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x179 hc yace ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17a hc yacf ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S IMM<span class=\"_ _5\"/>O<span class=\"ff7\">-</span></div>\n<div class=\"t m0 x17b hc yad0 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">BILISATIONS</div>\n<div class=\"t m0 x17a hc yad1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPORELLES</div>\n<div class=\"t m0 x67 hc yad2 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISATI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc yad3 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">ONS C<span class=\"_ _d\"/>ORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa8 hc yad4 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L. R<span class=\"_ _5\"/>OU)</div>\n<div class=\"t m0 xaa hc yad5 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TITRE<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x10e hc yad6 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE D<span class=\"_ _5\"/>ROI<span class=\"_ _5\"/>T D'UT<span class=\"_ _5\"/>I-</div>\n<div class=\"t m0 x17c hc yad7 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">LISATION<span class=\"_ _d\"/> (ROU)<span class=\"_ _73\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hc yad8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TISS<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT<span class=\"_ _5\"/>S ET RE<span class=\"_ _5\"/>DUC<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>NS DE</div>\n<div class=\"t m0 x7 hc yad9 ff5 fs7 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">VALEU<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x7 hf yada ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yadb ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yada ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xcb h1b yadc ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(361<span class=\"_ _5\"/>,4)<span class=\"_ _93\"> </span><span class=\"ls20 ws22\">(311<span class=\"_ _5\"/>,7)<span class=\"_ _e1\"> </span>(316,7)<span class=\"_ _76\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>3)<span class=\"_ _ef\"> </span><span class=\"lsd4 wsf5\">(<span class=\"_ _5\"/>3,7)<span class=\"_ _13f\"> </span><span class=\"ls2e ws30\">(<span class=\"_ _d\"/>1.126,7<span class=\"_ _d\"/>)<span class=\"_ _20b\"> </span><span class=\"ls45 ws4a\">(19<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _78\"> </span><span class=\"ls23 ws25\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>32<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,0)</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yadd ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yade ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x16f hd yadf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yadd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yadf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yae0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions</div>\n<div class=\"t m0 x16f hd yae1 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,1<span class=\"_ _91\"> </span><span class=\"ls42 ws4c\">1<span class=\"_ _5\"/>2,9<span class=\"_ _79\"> </span><span class=\"ls2b ws2d\">31,<span class=\"_ _5\"/>1</span></span></div>\n<div class=\"t m0 xb2 hd yae0 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">7,<span class=\"_ _5\"/>9</div>\n<div class=\"t m0 x17d hd yae1 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _107\"> </span><span class=\"ls1f ws21\">52,0<span class=\"_ _107\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>5<span class=\"_ _6e\"> </span><span class=\"ls1a ws1c\">70<span class=\"_ _5\"/>,5</span></span></span></div>\n<div class=\"t m0 x7 hd yae2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x16f hd yae3 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>,7<span class=\"_ _201\"> </span></span>0,<span class=\"_ _5\"/>3</div>\n<div class=\"t m0 xb2 hd yae2 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,2</div>\n<div class=\"t m0 x17d hd yae3 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _42\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>2<span class=\"_ _42\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _96\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>2</span></span></span></div>\n<div class=\"t m0 x7 hd yae4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de</div>\n<div class=\"t m0 x7 hd yae5 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">valeur</div>\n<div class=\"t m0 x4c hd yae6 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _90\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _5\"/>)<span class=\"_ _20c\"> </span><span class=\"ls90 wsa4\">(43<span class=\"_ _5\"/>,5<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7c hd yae4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">(20,5)</div>\n<div class=\"t m0 x17e hd yae6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>02<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _138\"> </span>(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>2,6<span class=\"_ _5\"/>)<span class=\"_ _18b\"> </span><span class=\"ls17 ws19\">(22<span class=\"_ _5\"/>5,6)</span></span></div>\n<div class=\"t m0 x7 hd yae7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yae8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yae9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4e hd yaea ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">15,4<span class=\"_ _109\"> </span><span class=\"ls43 ws4d\">11,1<span class=\"_ _201\"> </span><span class=\"ls42 ws4c\">2,5</span></span></div>\n<div class=\"t m0 xb2 hd yaeb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaea ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _107\"> </span><span class=\"ls17 ws19\">2<span class=\"_ _5\"/>9,1<span class=\"_ _7e\"> </span><span class=\"ls14 ws16\">21,1<span class=\"_ _6e\"> </span></span></span>50,<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x7 hd yaec ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x48 hd yaed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _94\"> </span>(0,<span class=\"_ _5\"/>2)<span class=\"_ _93\"> </span><span class=\"ls22 ws24\">(6<span class=\"_ _5\"/>,3)</span></div>\n<div class=\"t m0 x18 hd yaec ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x17e hd yaed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _d4\"> </span><span class=\"ls2b ws2d\">(6,<span class=\"_ _5\"/>9)<span class=\"_ _1cf\"> </span>(6<span class=\"_ _5\"/>,6)<span class=\"_ _e1\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>6)</span></span></div>\n<div class=\"t m0 x7 hd yaee ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x16f hd yaef ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">6,6<span class=\"_ _200\"> </span><span class=\"ls1b ws1d\">3<span class=\"_ _5\"/>,7<span class=\"_ _201\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x17f hd yaee ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">(6,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x17d hd yaef ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span><span class=\"ls14 ws16\">4,1<span class=\"_ _1cf\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>5)<span class=\"_ _6e\"> </span><span class=\"ls22 ws24\">(0,4)</span></span></span></div>\n<div class=\"t m0 x7 hf yaf0 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xcb h1b yaf1 ff7 fs8 fc3 sc0 ls49 ws57\" style=\"z-index: 15;\">(350<span class=\"_ _d\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>08<span class=\"_ _5\"/>,8)<span class=\"_ _e1\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>32<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _76\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>6)<span class=\"_ _206\"> </span></span></span>(3<span class=\"_ _5\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>14<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _20b\"> </span><span class=\"ls86 ws50\">(28<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>4)<span class=\"_ _78\"> </span><span class=\"ls26 ws28\">(<span class=\"_ _d\"/>1.436,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hf yaf2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yaf3 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yaf2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xcb h1b yaf4 ff7 fs8 fc3 sc0 ls49 ws57\" style=\"z-index: 15;\">(350<span class=\"_ _d\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>08<span class=\"_ _5\"/>,8)<span class=\"_ _e1\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>32<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _76\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>6)<span class=\"_ _206\"> </span></span></span>(3<span class=\"_ _5\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>14<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _20b\"> </span><span class=\"ls86 ws50\">(28<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>4)<span class=\"_ _78\"> </span><span class=\"ls26 ws28\">(<span class=\"_ _d\"/>1.436,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yaf5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yaf6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x4c hd yaf7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">(20,5)<span class=\"_ _90\"> </span><span class=\"ls1b ws1d\">(11<span class=\"_ _5\"/>,7)<span class=\"_ _93\"> </span><span class=\"ls0 ws0\">(<span class=\"_ _5\"/>2,2)</span></span></div>\n<div class=\"t m0 xb2 hd yaf5 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaf7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _13b\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>4,4)<span class=\"_ _105\"> </span></span>0,0<span class=\"_ _e1\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>4,4)</span></div>\n<div class=\"t m0 x7 hd yaf8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions</div>\n<div class=\"t m0 x4e hd yaf9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">20,0<span class=\"_ _109\"> </span><span class=\"ls1d ws1f\">36,<span class=\"_ _d\"/>0<span class=\"_ _79\"> </span><span class=\"ls28 ws2a\">33,6</span></span></div>\n<div class=\"t m0 xb2 hd yaf8 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">4,1</div>\n<div class=\"t m0 x17d hd yaf9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _7e\"> </span><span class=\"ls1b ws1d\">93<span class=\"_ _5\"/>,7<span class=\"_ _107\"> </span><span class=\"ls3b ws43\">45,<span class=\"_ _5\"/>2<span class=\"_ _e1\"> </span><span class=\"lsba wsda\">138,9</span></span></span></div>\n<div class=\"t m0 x7 hd yafa ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x16f hd yafb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yafa ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yafb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yafc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de</div>\n<div class=\"t m0 x7 hd yafd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">valeur</div>\n<div class=\"t m0 x4c hd yafe ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _64\"> </span><span class=\"ls0 ws0\">(26<span class=\"_ _5\"/>,2)<span class=\"_ _e7\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7c hd yafc ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">(24,<span class=\"_ _5\"/>3)</div>\n<div class=\"t m0 x17d hd yafe ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _138\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,2<span class=\"_ _5\"/>)<span class=\"_ _136\"> </span>(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)<span class=\"_ _18b\"> </span><span class=\"ls22 ws24\">(24<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>4)</span></span></div>\n<div class=\"t m0 x7 hd yaff ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb00 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb01 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x16f hd yb02 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">9,7<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _201\"> </span>0,0</span></div>\n<div class=\"t m0 x17f hd yb03 ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">(0,4)</div>\n<div class=\"t m0 x17d hd yb02 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _42\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>5<span class=\"_ _105\"> </span></span>0,9<span class=\"_ _43\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yb04 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x48 hd yb05 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _4c\"> </span><span class=\"ls1b ws1d\">(5,7<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x17f hd yb04 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,<span class=\"_ _5\"/>2)</div>\n<div class=\"t m0 x17d hd yb05 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1cf\"> </span><span class=\"ls2b ws2d\">(6<span class=\"_ _5\"/>,0)<span class=\"_ _1cf\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,5)<span class=\"_ _ab\"> </span><span class=\"ls1b ws1d\">(10,<span class=\"_ _5\"/>5<span class=\"_ _5\"/>)</span></span></span></div>\n<div class=\"t m0 x7 hd yb06 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x48 hd yb07 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,6<span class=\"_ _5\"/>)<span class=\"_ _4c\"> </span><span class=\"ls0 ws0\">(0,0)</span></span></div>\n<div class=\"t m0 xb2 hd yb06 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">5,8</div>\n<div class=\"t m0 x17d hd yb07 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1cf\"> </span><span class=\"ls0 ws0\">(2,<span class=\"_ _5\"/>8)<span class=\"_ _105\"> </span></span>0,4<span class=\"_ _69\"> </span><span class=\"ls22 ws24\">(2,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x7 hf yb08 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xcb h1b yb09 ff7 fs8 fc3 sc0 lse8 ws10b\" style=\"z-index: 15;\">(36<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>2)<span class=\"_ _13f\"> </span><span class=\"lsd8 wsfa\">(3<span class=\"_ _d\"/>12,1<span class=\"_ _d\"/>)<span class=\"_ _86\"> </span><span class=\"lsdb wsfb\">(<span class=\"_ _5\"/>352<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9)<span class=\"_ _68\"> </span><span class=\"lsd2 wsf2\">(<span class=\"_ _5\"/>1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5<span class=\"_ _5\"/>)<span class=\"_ _206\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls2e ws30\">(1.196,5)<span class=\"_ _64\"> </span><span class=\"ls86 ws50\">(38<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>6)<span class=\"_ _6f\"> </span><span class=\"ls9f wsb1\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>5<span class=\"_ _5\"/>81<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)</span></span></span></span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 45px; height: 1060px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 45px; height: 1060px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 45px; height: 1060px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 45px; height: 1060px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc yb0a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc yb0b ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc yb0c ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc yb0d ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x90 hc yb0e ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x139 hc yb0f ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x171 hc yb10 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EQUIPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc yb11 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x51 hc yb12 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x34 hc yb13 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x1c hc yb14 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x3c hc yb15 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 xd7 hc yb16 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xdd hc yb17 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17 hc yb18 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x131 hc yb19 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x12a hc yb1a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">TIONS C<span class=\"_ _d\"/>OR<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd0 hc yb1b ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">PORELLE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 xb4 hc yb1c ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc yb1d ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">S<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ONS<span class=\"_ _5\"/> </div>\n<div class=\"t m0 x57 hc yb1e ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xb4 hc yb1f ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L.</div>\n<div class=\"t m0 x65 hc yb20 ff5 fs7 fc2 sc0 ls54 ws65\" style=\"z-index: 15;\">ROU)</div>\n<div class=\"t m0 xa3 hc yb21 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TIT<span class=\"_ _1\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa9 hc yb22 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">RE D<span class=\"_ _5\"/>E DRO<span class=\"_ _5\"/>IT</div>\n<div class=\"t m0 x9b hc yb23 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'UTILISATI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x178 hc yb24 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON (R<span class=\"_ _5\"/>OU)<span class=\"_ _96\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb25 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR N<span class=\"_ _5\"/>ET<span class=\"_ _5\"/>TE COM<span class=\"_ _5\"/>PTA<span class=\"_ _5\"/>BLE</div>\n<div class=\"t m0 x7 hd yb26 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>1<span class=\"_ _cb\"> </span>22<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5 <span class=\"_ _84\"> </span><span class=\"lsba wsda\">133,9 <span class=\"_ _96\"> </span></span>19<span class=\"_ _5\"/>4,1 <span class=\"_ _84\"> </span>1<span class=\"_ _5\"/>23<span class=\"_ _5\"/>,2 <span class=\"_ _44\"> </span><span class=\"lsbc ws51\">41,<span class=\"_ _5\"/>9 <span class=\"_ _96\"> </span></span>7<span class=\"_ _5\"/>21,<span class=\"_ _5\"/>6 <span class=\"_ _96\"> </span><span class=\"lsbc ws51\">5<span class=\"_ _5\"/>41,<span class=\"_ _5\"/>9 <span class=\"_ _6c\"> </span></span>1.<span class=\"_ _5\"/>263<span class=\"_ _5\"/>,5</div>\n<div class=\"t m0 x7 hd yb27 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2<span class=\"_ _cb\"> </span>2<span class=\"_ _5\"/>35<span class=\"_ _5\"/>,4 <span class=\"_ _96\"> </span><span class=\"ls90 wsa4\">143<span class=\"_ _5\"/>,2<span class=\"_ _5\"/> <span class=\"_ _96\"> </span></span>195<span class=\"_ _5\"/>,6 <span class=\"_ _96\"> </span>126<span class=\"_ _5\"/>,8 <span class=\"_ _8a\"> </span>6<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>8 <span class=\"_ _96\"> </span><span class=\"ls90 wsa4\">76<span class=\"_ _5\"/>4,8<span class=\"_ _5\"/> <span class=\"_ _84\"> </span></span>63<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2 <span class=\"_ _71\"> </span><span class=\"ls25 ws27\">1.<span class=\"_ _5\"/>398,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 954px; height: 130px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 954px; height: 130px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent et de d<span class=\"_ _5\"/>\u00e9pr\u00e9<span class=\"_ _5\"/>ciatio<span class=\"_ _5\"/>n li\u00e9e<span class=\"_ _5\"/>s aux imm<span class=\"_ _5\"/>obilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns corp<span class=\"_ _5\"/>orell<span class=\"_ _5\"/>es se s<span class=\"_ _5\"/>ont \u00e9le<span class=\"_ _5\"/>v\u00e9es \u00e0 24<span class=\"_ _5\"/>6,4 m<span class=\"_ _5\"/>EUR et ont au<span class=\"_ _5\"/>gment\u00e9 d<span class=\"_ _5\"/>e 20,9</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mEUR pa<span class=\"_ _5\"/>r rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t \u00e0 l'ann\u00e9e d<span class=\"_ _5\"/>erni\u00e8<span class=\"_ _5\"/>re. Ce<span class=\"_ _5\"/>tte au<span class=\"_ _5\"/>gment<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n s'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>e princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par l'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts de<span class=\"_ _5\"/>s ins<span class=\"_ _5\"/>talla<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns et de<span class=\"_ _5\"/>s \u00e9quip<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts ai<span class=\"_ _5\"/>nsi que de<span class=\"_ _5\"/>s loc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s, qui on<span class=\"_ _5\"/>t resp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tivem<span class=\"_ _5\"/>ent aug<span class=\"_ _5\"/>ment\u00e9 d<span class=\"_ _5\"/>e 3,7 mEUR et de 1<span class=\"_ _5\"/>5,6 mEUR<span class=\"_ _5\"/>, en ra<span class=\"_ _5\"/>ison d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n du nomb<span class=\"_ _5\"/>re d'entre<span class=\"_ _5\"/>p\u00f4t<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 867px; height: 65px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h1a y7 ffc fs11 fc2 sc0 ls0 ws6d\" style=\"z-index: 15;\">6.1<span class=\"_ _d\"/>6.1 Immobi<span class=\"_ _d\"/>lisati<span class=\"_ _d\"/>ons c<span class=\"_ _d\"/>orporell<span class=\"_ _d\"/>es (hors actifs au titre du d<span class=\"_ _d\"/>roit d\u2019<span class=\"_ _1\"/>utilisa<span class=\"_ _d\"/>tion<span class=\"_ _1\"/>)</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles on<span class=\"_ _5\"/>t augme<span class=\"_ _5\"/>nt\u00e9 de 43,<span class=\"_ _5\"/>2 mEUR<span class=\"_ _5\"/>, pas<span class=\"_ _5\"/>sant d<span class=\"_ _5\"/>e 721,6 m<span class=\"_ _5\"/>EUR \u00e0 764,<span class=\"_ _5\"/>8 mEUR<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te haus<span class=\"_ _5\"/>se s'exp<span class=\"_ _5\"/>lique pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par :</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>des a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tions p<span class=\"_ _5\"/>our 146<span class=\"_ _5\"/>,1 mEUR (147<span class=\"_ _1\"/>,6 mEUR e<span class=\"_ _5\"/>n 2021), princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent cons<span class=\"_ _5\"/>acr\u00e9<span class=\"_ _5\"/>es \u00e0 la p<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>uite de l'exp<span class=\"_ _5\"/>ansion d<span class=\"_ _5\"/>e la logis<span class=\"_ _5\"/>tiq<span class=\"_ _5\"/>ue de l\u2019e \u2013</div>\n<div class=\"t m0 x2a h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>erce de Ra<span class=\"_ _5\"/>dial et d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>A<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ive Ant<span class=\"_ _5\"/>s<span class=\"_ _5\"/>, ainsi qu\u2019\u00e0 l\u2019optimi<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on du r\u00e9s<span class=\"_ _5\"/>eau Be<span class=\"_ _5\"/>lgium ;</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l\u2019imp<span class=\"_ _5\"/>act d<span class=\"_ _5\"/>es \u00e9c<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion po<span class=\"_ _5\"/>ur 10,1 mEUR (augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion de 1<span class=\"_ _5\"/>2,7 mEUR en 2021) ;</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>ens\u00e9<span class=\"_ _5\"/>e par de<span class=\"_ _5\"/>s amor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>s et r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de vale<span class=\"_ _5\"/>ur se chi<span class=\"_ _5\"/>ffra<span class=\"_ _5\"/>nt \u00e0 108,<span class=\"_ _5\"/>2 mEUR (102,<span class=\"_ _5\"/>9 mEUR en 202<span class=\"_ _5\"/>1<span class=\"_ _d\"/>), des ce<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>ons</div>\n<div class=\"t m0 x2a h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r 4,5 m<span class=\"_ _5\"/>EUR (prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment du<span class=\"_ _5\"/>es \u00e0 la fe<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>ture de ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ains en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>\u00f4ts<span class=\"_ _5\"/>, voir se<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion 6.<span class=\"_ _5\"/>9) et le tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>fer<span class=\"_ _5\"/>t ver<span class=\"_ _5\"/>s les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9te<span class=\"_ _5\"/>nus en vu<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x2a h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la ven<span class=\"_ _5\"/>te ou les im<span class=\"_ _5\"/>meuble<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cemen<span class=\"_ _5\"/>t pour 1,7 mEUR (1<span class=\"_ _d\"/>7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>1 mEUR en 2021 d<span class=\"_ _5\"/>ont 9,8 m<span class=\"_ _5\"/>EUR li\u00e9s a<span class=\"_ _5\"/>u tran<span class=\"_ _5\"/>sfer<span class=\"_ _5\"/>t d'<span class=\"_ _5\"/>Ubiway Re<span class=\"_ _5\"/>tail ve<span class=\"_ _5\"/>rs les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs</div>\n<div class=\"t m0 x2a h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9te<span class=\"_ _5\"/>nus en v<span class=\"_ _5\"/>ue de la ve<span class=\"_ _5\"/>nte en 2021).</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur s<span class=\"_ _5\"/>ont re<span class=\"_ _5\"/>pris da<span class=\"_ _5\"/>ns la se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on \u201cD\u00e9<span class=\"_ _5\"/>pr\u00e9ci<span class=\"_ _5\"/>ations<span class=\"_ _5\"/>, amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r\u201d du co<span class=\"_ _5\"/>mpte</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">de r\u00e9sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>.</div>\n\n<div class=\"t m0 x5 h1a y10 ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.1<span class=\"_ _d\"/>6.<span class=\"_ _5\"/>2 Actifs au tit<span class=\"_ _d\"/>re du dro<span class=\"_ _d\"/>it d\u2019<span class=\"_ _1\"/>utilisat<span class=\"_ _d\"/>ion et loca<span class=\"_ _d\"/>tions</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs au t<span class=\"_ _5\"/>itre du dr<span class=\"_ _5\"/>oit d'util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on ont aug<span class=\"_ _5\"/>ment\u00e9 d<span class=\"_ _5\"/>e 92,<span class=\"_ _5\"/>3 mEUR et s<span class=\"_ _5\"/>e sont s<span class=\"_ _5\"/>old\u00e9s \u00e0 6<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,2 m<span class=\"_ _5\"/>EUR. Ce<span class=\"_ _5\"/>tte ha<span class=\"_ _5\"/>uss<span class=\"_ _5\"/>e s'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>e prin<span class=\"_ _5\"/>cipalem<span class=\"_ _5\"/>ent</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par :</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ls7 ws8\">163,4 m<span class=\"_ _d\"/>EUR d<span class=\"_ _d\"/>'ac<span class=\"_ _d\"/>quisitions, princ<span class=\"_ _d\"/>ipalement<span class=\"_ _d\"/> li\u00e9es \u00e0 des<span class=\"_ _d\"/> locations d'<span class=\"_ _1\"/>entrep\u00f4ts suppl\u00e9mentaires<span class=\"_ _d\"/> (principal<span class=\"_ _d\"/>ement Radi<span class=\"_ _d\"/>al North America et </span></div>\n<div class=\"t m0 x2a h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Radi<span class=\"_ _5\"/>al Europe) e<span class=\"_ _5\"/>t \u00e0 des v\u00e9<span class=\"_ _5\"/>hicule<span class=\"_ _5\"/>s suppl\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>aires p<span class=\"_ _5\"/>our la dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on, ent<span class=\"_ _5\"/>re aut<span class=\"_ _5\"/>res en r<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n de la dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>es loc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me</div>\n<div class=\"t m0 x2a h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l'ann<span class=\"_ _5\"/>\u00e9e de<span class=\"_ _5\"/>rni\u00e8r<span class=\"_ _5\"/>e ;</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>67<span class=\"_ _d\"/>,<span class=\"_ _5\"/>8 mEUR d\u2019ajuste<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s d\u00e9<span class=\"_ _5\"/>coulant p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent de l\u2019ex<span class=\"_ _5\"/>tensi<span class=\"_ _5\"/>on des du<span class=\"_ _5\"/>r\u00e9es l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ives ;</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>11,<span class=\"_ _5\"/>2 mEUR d\u2019\u00e9ca<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>s de con<span class=\"_ _5\"/>versi<span class=\"_ _5\"/>on ;</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>ens\u00e9<span class=\"_ _5\"/>e par de<span class=\"_ _5\"/>s d\u00e9pr<span class=\"_ _5\"/>\u00e9ciat<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>e chiffr<span class=\"_ _5\"/>ant \u00e0 1<span class=\"_ _5\"/>38,<span class=\"_ _5\"/>2 mEUR e<span class=\"_ _5\"/>t des ces<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>s pour un m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nt de 12,<span class=\"_ _5\"/>5 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st a con<span class=\"_ _5\"/>clu des co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts de lo<span class=\"_ _5\"/>cat<span class=\"_ _5\"/>ion pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement p<span class=\"_ _5\"/>our de<span class=\"_ _5\"/>s b\u00e2tim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>\u00f4ts e<span class=\"_ _5\"/>t bureau<span class=\"_ _5\"/>x de pos<span class=\"_ _5\"/>te), des v\u00e9h<span class=\"_ _5\"/>icules<span class=\"_ _5\"/>, des m<span class=\"_ _5\"/>achine<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'autre<span class=\"_ _5\"/>s \u00e9qui<span class=\"_ _5\"/>peme<span class=\"_ _5\"/>nts u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r ses op<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>tions<span class=\"_ _5\"/>. Les co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>ons de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on et les v<span class=\"_ _5\"/>aleur<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s sont d\u00e9<span class=\"_ _5\"/>taill\u00e9<span class=\"_ _5\"/>es dan<span class=\"_ _5\"/>s le tab<span class=\"_ _5\"/>leau ci \u2013</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">dessous<span class=\"_ _d\"/> :</div>\n<div class=\"t m0 x7 hc yb28 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x5a hc yb29 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">DUR\u00c9E D'UTILIT\u00c9</div>\n<div class=\"t m0 xb hc yb28 ff5 fs7 fc0 sc0 lsf ws11\" style=\"z-index: 15;\">VALEUR COMPTABLE<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x180 hc yb29 ff7 fs7 fc0 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D<span class=\"_ _5\"/>\u00c9CEM<span class=\"_ _5\"/>BR<span class=\"_ _5\"/>E 202<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x17c hc yb28 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR C<span class=\"_ _5\"/>OMP<span class=\"_ _5\"/>TABL<span class=\"_ _5\"/>E <span class=\"_ _49\"/> </div>\n<div class=\"t m0 x126 hc yb29 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D<span class=\"_ _5\"/>\u00c9CEM<span class=\"_ _5\"/>BR<span class=\"_ _5\"/>E 2021</div>\n<div class=\"t m0 x7 hd yb2a ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>e<span class=\"_ _5\"/>rrains et b\u00e2time<span class=\"_ _5\"/>nts<span class=\"_ _20d\"> </span><span class=\"ls0 ws0\">3 \u00e0 2<span class=\"_ _5\"/>5 ans</span></div>\n<div class=\"t m0 x176 hd yb2b ff4 fs8 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">572,<span class=\"_ _5\"/>3<span class=\"_ _134\"> </span><span class=\"ls18 ws1a\">4<span class=\"_ _5\"/>80,9</span></div>\n<div class=\"t m0 x7 hd yb2c ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Mat\u00e9riel roulant<span class=\"_ _20e\"> </span><span class=\"ls0 ws0\">4 ou 5 an<span class=\"_ _5\"/>s (8 ans p<span class=\"_ _5\"/>our les c<span class=\"_ _5\"/>amio<span class=\"_ _5\"/>ns)</span></div>\n<div class=\"t m0 x177 hd yb2d ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _1d7\"> </span><span class=\"ls14 ws16\">54,4</span></div>\n<div class=\"t m0 x7 hd yb2e ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Machines et \u00e9quip<span class=\"_ _5\"/>ements<span class=\"_ _120\"> </span><span class=\"ls0 ws0\">1 \u00e0 1<span class=\"_ _5\"/>5 ans</span></div>\n<div class=\"t m0 x10b hd yb2f ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">4,1<span class=\"_ _1e0\"> </span><span class=\"ls28 ws2a\">6,6</span></div>\n<div class=\"t m0 x7 hf yb30 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x98 h1b yb31 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">634,<span class=\"_ _5\"/>2<span class=\"_ _1fd\"> </span><span class=\"ls4a ws54\">541<span class=\"_ _5\"/>,9</span></div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>le et les m<span class=\"_ _5\"/>ouve<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s (y com<span class=\"_ _5\"/>pris l<span class=\"_ _5\"/>es sor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ies de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>rer<span class=\"_ _5\"/>ie) des de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation (s<span class=\"_ _5\"/>ous for<span class=\"_ _5\"/>me de pr<span class=\"_ _5\"/>\u00eat<span class=\"_ _5\"/>s et d'empr<span class=\"_ _5\"/>unt<span class=\"_ _5\"/>s por-</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>t int\u00e9r\u00ea<span class=\"_ _5\"/>t) sont p<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>ent\u00e9s da<span class=\"_ _5\"/>ns la se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on 6.<span class=\"_ _5\"/>25<span class=\"_ _5\"/>, tandi<span class=\"_ _5\"/>s que l'analys<span class=\"_ _5\"/>e de matu<span class=\"_ _5\"/>rit\u00e9 es<span class=\"_ _5\"/>t disp<span class=\"_ _5\"/>onibl<span class=\"_ _5\"/>e dans la s<span class=\"_ _5\"/>ect<span class=\"_ _5\"/>ion 6.<span class=\"_ _5\"/>30<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st a de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e loca<span class=\"_ _5\"/>tion p<span class=\"_ _5\"/>our des v\u00e9<span class=\"_ _5\"/>hicule<span class=\"_ _5\"/>s avec de<span class=\"_ _5\"/>s dur\u00e9<span class=\"_ _5\"/>es de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n de 12 mo<span class=\"_ _5\"/>is ou mo<span class=\"_ _5\"/>ins (2,<span class=\"_ _5\"/>2 mEUR en 202<span class=\"_ _5\"/>2, 7<span class=\"_ _d\"/>,0 mEUR e<span class=\"_ _5\"/>n 2021),</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>s sou<span class=\"_ _5\"/>s les co\u00fbt<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on, dans l<span class=\"_ _5\"/>es char<span class=\"_ _5\"/>ges d'exp<span class=\"_ _5\"/>loita<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. Il n'y a pas de con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s de bai<span class=\"_ _5\"/>l (<span class=\"_ _d\"/>mat\u00e9<span class=\"_ _5\"/>riel<span class=\"_ _5\"/>s) avec de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s, ni de co<span class=\"_ _5\"/>ntrat<span class=\"_ _5\"/>s \u00e0 fa<span class=\"_ _5\"/>ible val<span class=\"_ _5\"/>eur mat\u00e9r<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 470px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 102px; height: 982px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 102px; height: 982px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Il ex<span class=\"_ _5\"/>iste p<span class=\"_ _5\"/>lusie<span class=\"_ _5\"/>urs cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de bail q<span class=\"_ _5\"/>ui inclue<span class=\"_ _5\"/>nt des e<span class=\"_ _5\"/>xte<span class=\"_ _5\"/>nsio<span class=\"_ _5\"/>ns et de<span class=\"_ _5\"/>s optio<span class=\"_ _5\"/>ns de r\u00e9<span class=\"_ _5\"/>siliati<span class=\"_ _5\"/>on. Le con<span class=\"_ _5\"/>trat d<span class=\"_ _5\"/>e bail pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>l concer<span class=\"_ _5\"/>ne Br<span class=\"_ _5\"/>uxelle<span class=\"_ _5\"/>s X</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(NBX<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, la dur<span class=\"_ _5\"/>\u00e9e de ce con<span class=\"_ _5\"/>trat d<span class=\"_ _5\"/>e bail \u00e9t<span class=\"_ _5\"/>ant de 1<span class=\"_ _5\"/>5 ans (<span class=\"_ _5\"/>jus<span class=\"_ _5\"/>qu'<span class=\"_ _d\"/>en 2<span class=\"_ _5\"/>031) avec 3 pro<span class=\"_ _5\"/>longat<span class=\"_ _5\"/>ions p<span class=\"_ _5\"/>ossi<span class=\"_ _5\"/>bles de 5 a<span class=\"_ _5\"/>ns chacu<span class=\"_ _5\"/>ne. Ce<span class=\"_ _5\"/>s prolon<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>ns ne</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t act<span class=\"_ _5\"/>uelle<span class=\"_ _5\"/>ment pa<span class=\"_ _5\"/>s inclus<span class=\"_ _5\"/>es dan<span class=\"_ _5\"/>s la dur\u00e9e d<span class=\"_ _5\"/>u bail, c<span class=\"_ _5\"/>ar il n'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>st pas r<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>nnable<span class=\"_ _5\"/>ment ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ain qu'elle<span class=\"_ _5\"/>s sero<span class=\"_ _5\"/>nt exer<span class=\"_ _5\"/>c\u00e9es<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'imp<span class=\"_ _5\"/>act p<span class=\"_ _5\"/>ar ex<span class=\"_ _5\"/>tensi<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de 5 an<span class=\"_ _5\"/>s est e<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>m\u00e9 \u00e0 une aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e 5% de la de<span class=\"_ _5\"/>tte g<span class=\"_ _5\"/>lobale de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion imp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s qui n'ont pas e<span class=\"_ _5\"/>ncore com<span class=\"_ _5\"/>menc\u00e9 s<span class=\"_ _5\"/>ont ind<span class=\"_ _5\"/>iqu\u00e9s a<span class=\"_ _5\"/>u point 6<span class=\"_ _5\"/>.32 D<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s et en<span class=\"_ _5\"/>gagem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur s<span class=\"_ _5\"/>ont re<span class=\"_ _5\"/>pris da<span class=\"_ _5\"/>ns la se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on \u201cD\u00e9<span class=\"_ _5\"/>pr\u00e9ci<span class=\"_ _5\"/>ations<span class=\"_ _5\"/>, amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r\u201d du co<span class=\"_ _5\"/>mpte</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">de r\u00e9sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 hb y88 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Revenu<span class=\"_ _5\"/>s des leasi<span class=\"_ _5\"/>ngs op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>nnel<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s des pai<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts f<span class=\"_ _5\"/>uturs m<span class=\"_ _5\"/>inimaux d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t li\u00e9s a<span class=\"_ _5\"/>ux b\u00e2ti<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t les sui<span class=\"_ _5\"/>vant<span class=\"_ _5\"/>s et so<span class=\"_ _5\"/>nt prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment li<span class=\"_ _5\"/>\u00e9s \u00e0 de<span class=\"_ _5\"/>s b\u00e2time<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>ont</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t pro<span class=\"_ _5\"/>pri\u00e9<span class=\"_ _5\"/>taire e<span class=\"_ _5\"/>t \u00e0 des s<span class=\"_ _5\"/>ous-<span class=\"_ _5\"/>loc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s:</div>\n<div class=\"t m0 x7 hb y8d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y27 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yb32 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 moi<span class=\"_ _5\"/>ns d'un an</div>\n<div class=\"t m0 x10b hd yb33 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">1,1<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">0<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t m0 x7 hd yb34 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De un \u00e0 c<span class=\"_ _5\"/>inq an<span class=\"_ _5\"/>s<span class=\"_ _20f\"> </span><span class=\"ls25 ws27\">3,0<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hd yb35 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Plus d<span class=\"_ _5\"/>e cinq a<span class=\"_ _5\"/>ns<span class=\"_ _210\"> </span><span class=\"ls1b ws1d\">1,7<span class=\"_ _1d1\"> </span><span class=\"ls14 ws16\">1,6</span></span></div>\n<div class=\"t m0 x7 hf yb36 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x108 h1b yb37 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">5,7<span class=\"_ _18a\"> </span><span class=\"ls1d ws1f\">4,1</span></div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le re<span class=\"_ _5\"/>venu mini<span class=\"_ _5\"/>mum futu<span class=\"_ _5\"/>r de la loc<span class=\"_ _5\"/>ation o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle e<span class=\"_ _5\"/>st plu<span class=\"_ _5\"/>s ou moin<span class=\"_ _5\"/>s en ligne av<span class=\"_ _5\"/>ec l'ann\u00e9<span class=\"_ _5\"/>e dern<span class=\"_ _5\"/>i\u00e8re. Le<span class=\"_ _5\"/>s reve<span class=\"_ _5\"/>nus d\u00e9<span class=\"_ _5\"/>coulant d<span class=\"_ _5\"/>es leasi<span class=\"_ _5\"/>ngs</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>ls so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dans l<span class=\"_ _5\"/>a rubr<span class=\"_ _5\"/>ique \u201cAutr<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xploit<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n\u201d (0,5 mEUR e<span class=\"_ _5\"/>n 2022), alo<span class=\"_ _5\"/>rs que le<span class=\"_ _5\"/>s reve<span class=\"_ _5\"/>nus des s<span class=\"_ _5\"/>ous \u2013 lo<span class=\"_ _5\"/>ca-</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns vont en d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de l\u2019amor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs a<span class=\"_ _5\"/>u titre d<span class=\"_ _5\"/>u droit d\u2019ut<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ion et l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 642px; height: 440px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 642px; height: 440px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y95 ffc fs11 fc2 sc0 ls53 ws99\" style=\"z-index: 15;\">6.1<span class=\"_ _3b\"/>7<span class=\"_ _5\"/> <span class=\"_ _c4\"> </span>Immeubl<span class=\"_ _d\"/>es de placement</div>\n\n<div class=\"t m0 x7 hc yb38 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _143\"> </span><span class=\"fc0 ls41 ws4b\">TER<span class=\"_ _5\"/>RAINS ET B\u00c2TIMENTS</span></div>\n<div class=\"t m0 x7 hc yb39 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">CO\u00db<span class=\"_ _5\"/>T D'ACQU<span class=\"_ _5\"/>ISI<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>N</div>\n<div class=\"t m0 x7 hf yb3a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb3b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x181 hf yb3a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">JANVIER 2021</div>\n<div class=\"t m0 x169 h1b yb3c ff7 fs8 fc3 sc0 ls20 ws22\" style=\"z-index: 15;\">11,<span class=\"_ _5\"/>1</div>\n<div class=\"t m0 x7 hd yb3d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _211\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hd yb3e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t de/(ver<span class=\"_ _5\"/>s) d'autr<span class=\"_ _5\"/>es cat<span class=\"_ _5\"/>\u00e9gor<span class=\"_ _5\"/>ies d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fs<span class=\"_ _98\"> </span> 1<span class=\"_ _5\"/>,8</div>\n<div class=\"t m0 x7 hf yb3f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x169 h1b yb40 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">13,0</div>\n<div class=\"t m0 x7 hf yb41 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb42 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb41 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x169 h1b yb43 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">13,0</div>\n<div class=\"t m0 x7 hd yb44 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _211\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hd yb45 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t de/(ver<span class=\"_ _5\"/>s) d'autr<span class=\"_ _5\"/>es cat<span class=\"_ _5\"/>\u00e9gor<span class=\"_ _5\"/>ies d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fs<span class=\"_ _212\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>5<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hf yb46 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x169 hd yb47 ff4 fs8 fc2 sc0 ls43 ws4d\" style=\"z-index: 15;\">11,<span class=\"_ _5\"/>5</div>\n<div class=\"t m0 x7 hc yb48 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TISS<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT<span class=\"_ _5\"/>S ET R\u00c9<span class=\"_ _5\"/>DUC<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>NS DE V<span class=\"_ _5\"/>ALEU<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x7 hf yb49 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb4a ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb49 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x182 h1b yb4b ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> (<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</div>\n<div class=\"t m0 x7 hd yb4c ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _213\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hd yb4d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t de/(ver<span class=\"_ _5\"/>s) d'autr<span class=\"_ _5\"/>es cat<span class=\"_ _5\"/>\u00e9gor<span class=\"_ _5\"/>ies d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fs<span class=\"_ _214\"> </span><span class=\"ls1b ws1d\"> (1,<span class=\"_ _5\"/>0)</span></div>\n<div class=\"t m0 x7 hf yb4e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x5d h1b yb4f ff7 fs8 fc3 sc0 ls90 wsa4\" style=\"z-index: 15;\"> (8,<span class=\"_ _5\"/>8)</div>\n<div class=\"t m0 x7 hf yb50 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb51 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb50 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x5d h1b yb52 ff7 fs8 fc3 sc0 ls90 wsa4\" style=\"z-index: 15;\"> (8,<span class=\"_ _5\"/>8)</div>\n<div class=\"t m0 x7 hd yb53 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _213\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hd yb54 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t de/(ver<span class=\"_ _5\"/>s) d'autr<span class=\"_ _5\"/>es cat<span class=\"_ _5\"/>\u00e9gor<span class=\"_ _5\"/>ies d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fs<span class=\"_ _215\"> </span><span class=\"ls1b ws1d\"> 0,7<span class=\"_ _5\"/> </span></div>\n<div class=\"t m0 x7 hf yb55 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x5d h1b yb56 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\"> (8<span class=\"_ _5\"/>,1)</div>\n<div class=\"t m0 x7 hc yb57 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR N<span class=\"_ _5\"/>ET<span class=\"_ _5\"/>TE COM<span class=\"_ _5\"/>PTA<span class=\"_ _5\"/>BLE</div>\n<div class=\"t m0 x7 hd yb58 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 D<span class=\"_ _5\"/>\u00e9cem<span class=\"_ _5\"/>bre 202<span class=\"_ _5\"/>1<span class=\"_ _1b6\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yb59 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 D<span class=\"_ _5\"/>\u00e9cem<span class=\"_ _5\"/>bre 202<span class=\"_ _5\"/>2<span class=\"_ _1b6\"> </span><span class=\"ls28 ws2a\">3,4</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 98px; height: 474px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 98px; height: 504px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 98px; height: 984px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Les immeu<span class=\"_ _d\"/>bles de pl<span class=\"_ _d\"/>acement repr\u00e9sent<span class=\"_ _d\"/>ent essentiellement<span class=\"_ _d\"/> les appartements localis\u00e9s d<span class=\"_ _d\"/>ans des b\u00e2<span class=\"_ _d\"/>timents abritant des bu<span class=\"_ _d\"/>reaux de<span class=\"_ _d\"/> poste.</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmeub<span class=\"_ _5\"/>les de pl<span class=\"_ _5\"/>aceme<span class=\"_ _5\"/>nt sont \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur co\u00fb<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion, s<span class=\"_ _5\"/>ous d\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s cumu<span class=\"_ _5\"/>l\u00e9s et de<span class=\"_ _5\"/>s r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cumul<span class=\"_ _5\"/>\u00e9es<span class=\"_ _5\"/>. Le mont<span class=\"_ _5\"/>ant am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ti es<span class=\"_ _5\"/>t allou<span class=\"_ _5\"/>\u00e9 de mani\u00e8<span class=\"_ _5\"/>re sy<span class=\"_ _5\"/>st\u00e9ma<span class=\"_ _5\"/>tique e<span class=\"_ _5\"/>n fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de la dur\u00e9<span class=\"_ _5\"/>e d\u2019utilit<span class=\"_ _5\"/>\u00e9 (<span class=\"_ _d\"/>en g\u00e9<span class=\"_ _5\"/>n\u00e9r<span class=\"_ _5\"/>al 40 an<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>\u00e9coula<span class=\"_ _5\"/>nt des imm<span class=\"_ _5\"/>euble<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cemen<span class=\"_ _5\"/>t s\u2019<span class=\"_ _d\"/>\u00e9l\u00e8v<span class=\"_ _5\"/>ent \u00e0 0,<span class=\"_ _5\"/>5 mEUR (2021<span class=\"_ _5\"/>: 0,6 mEUR). L<span class=\"_ _3b\"/>\u2019es<span class=\"_ _5\"/>timati<span class=\"_ _5\"/>on de la jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur des</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">imme<span class=\"_ _5\"/>uble<span class=\"_ _5\"/>s de place<span class=\"_ _5\"/>ment a dim<span class=\"_ _5\"/>inu\u00e9 de 4,<span class=\"_ _5\"/>2 mEUR \u00e0 3<span class=\"_ _5\"/>,4 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 972px; height: 110px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div class=\"t m0 x5 h1a y88 ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.18 <span class=\"_ _4\"> </span>Ac<span class=\"_ _5\"/>ti<span class=\"_ _d\"/>fs d\u00e9tenus en vue d<span class=\"_ _d\"/>e la vent<span class=\"_ _1\"/>e</div>\n<div class=\"t m0 x7 hb y8a ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yb5a ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hc yb5b ff5 fs7 fc2 sc0 ls51 ws61\" style=\"z-index: 15;\">ACTIFS</div>\n<div class=\"t m0 x7 hd yb5c ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> corporelles<span class=\"_ _217\"> </span><span class=\"ls14 ws16\">1,0<span class=\"_ _13e\"> </span>1,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd yb5d ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">bpost banque</div>\n<div class=\"t m0 x10b hd yb5e ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _130\"> </span><span class=\"ls17 ws19\">119,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd yb5f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ubiway Retail<span class=\"_ _218\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1de\"> </span><span class=\"ls2b ws2d\">42,<span class=\"_ _5\"/>2</span></span></div>\n<div class=\"t m0 x7 hf yb60 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ACTIF<span class=\"_ _d\"/>S DESTIN\u00c9S \u00c0 LA VENTE</div>\n<div class=\"t m0 x56 h1b yb61 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">1,0<span class=\"_ _1c9\"> </span><span class=\"ls20 ws22\">163,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yb62 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Passif<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd yb63 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ubiway Retail<span class=\"_ _218\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1d7\"> </span><span class=\"ls1b ws1d\">39,7</span></span></div>\n<div class=\"t m0 x7 hf yb64 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">P<span class=\"_ _d\"/>ASSIFS DIREC<span class=\"_ _d\"/>TEMENT LI\u00c9S \u00c0 DES ACTIF<span class=\"_ _d\"/>S DESTIN\u00c9S \u00c0 LA VENTE</div>\n<div class=\"t m0 x56 h1b yb65 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _23\"> </span><span class=\"lsd4 wsf5\">39,7</span></div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La di<span class=\"_ _5\"/>minuti<span class=\"_ _5\"/>on net<span class=\"_ _5\"/>te de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs de<span class=\"_ _5\"/>st<span class=\"_ _5\"/>in\u00e9s \u00e0 la ve<span class=\"_ _5\"/>nte et de<span class=\"_ _5\"/>s pas<span class=\"_ _5\"/>sifs d<span class=\"_ _5\"/>est<span class=\"_ _5\"/>in\u00e9s \u00e0 la v<span class=\"_ _5\"/>ente s'expl<span class=\"_ _5\"/>ique par l<span class=\"_ _5\"/>a vente de b<span class=\"_ _5\"/>post b<span class=\"_ _5\"/>anque (<span class=\"_ _5\"/>prix d<span class=\"_ _5\"/>e vente 119,<span class=\"_ _5\"/>4</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mEUR) e<span class=\"_ _5\"/>t d'Ubiway R<span class=\"_ _5\"/>etail (<span class=\"_ _5\"/>prix d<span class=\"_ _5\"/>e vente 2,<span class=\"_ _5\"/>5 mEUR) a<span class=\"_ _5\"/>u premi<span class=\"_ _5\"/>er tr<span class=\"_ _5\"/>imes<span class=\"_ _5\"/>tre 202<span class=\"_ _5\"/>2.</div>\n<div class=\"t m0 x5 hb y95 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Immobilisations c<span class=\"_ _d\"/>orporelles</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le no<span class=\"_ _5\"/>mbre de b<span class=\"_ _5\"/>\u00e2time<span class=\"_ _5\"/>nts re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s comme ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9te<span class=\"_ _5\"/>nus en v<span class=\"_ _5\"/>ue de la ve<span class=\"_ _5\"/>nte s\u2019<span class=\"_ _d\"/>\u00e9le<span class=\"_ _5\"/>vait \u00e0 5 \u00e0 la f<span class=\"_ _5\"/>in de l\u2019ann\u00e9<span class=\"_ _5\"/>e 2021, p<span class=\"_ _5\"/>our 3 \u00e0 la f<span class=\"_ _5\"/>in de 202<span class=\"_ _5\"/>2. Ce<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s sont con<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>tu\u00e9s d<span class=\"_ _5\"/>e point<span class=\"_ _5\"/>s de ve<span class=\"_ _5\"/>nte, de bur<span class=\"_ _5\"/>eaux ou d<span class=\"_ _5\"/>e Mail Cen<span class=\"_ _5\"/>ters d<span class=\"_ _5\"/>emeur<span class=\"_ _5\"/>\u00e9s vac<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s \u00e0 la suite d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>opt<span class=\"_ _5\"/>imis<span class=\"_ _5\"/>ation du r<span class=\"_ _5\"/>\u00e9sea<span class=\"_ _5\"/>u des bu<span class=\"_ _5\"/>reaux</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de po<span class=\"_ _5\"/>ste et d<span class=\"_ _5\"/>es Mail C<span class=\"_ _5\"/>enter<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>lus \u2013 valu<span class=\"_ _5\"/>es de ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns pour u<span class=\"_ _5\"/>n mont<span class=\"_ _5\"/>ant de 6,<span class=\"_ _5\"/>5 mEUR (20<span class=\"_ _5\"/>21 : 15,<span class=\"_ _5\"/>1 mEUR) ont \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9es da<span class=\"_ _5\"/>ns le compt<span class=\"_ _5\"/>e de r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s sou<span class=\"_ _5\"/>s la</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on 6.<span class=\"_ _5\"/>9 \u201c<span class=\"_ _1\"/>A<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s produ<span class=\"_ _5\"/>its d'ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n\u201d<span class=\"_ _1\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 477px; height: 455px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y56 ffc fs11 fc2 sc0 lsa1 ws99\" style=\"z-index: 15;\">6.19 <span class=\"_\"> </span>Immobilisations incorporelles</div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc yb66 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb67 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb66 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb67 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb66 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb68 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">CO\u00dbT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hf yb69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb6a ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xb6 h1b yb6b ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">660,<span class=\"_ _5\"/>0<span class=\"_ _eb\"> </span><span class=\"ls20 ws22\">168<span class=\"_ _5\"/>,3<span class=\"_ _11e\"> </span><span class=\"ls26 ws28\">198,4<span class=\"_ _11e\"> </span></span>118<span class=\"_ _5\"/>,3<span class=\"_ _bc\"> </span><span class=\"ls1a ws1c\">51,<span class=\"_ _5\"/>1<span class=\"_ _206\"> </span><span class=\"ls2e ws30\">1.196,0</span></span></span></div>\n<div class=\"t m0 x7 hd yb6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _120\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls17 ws19\">9,5<span class=\"_ _105\"> </span><span class=\"ls3b ws43\">15,1<span class=\"_ _80\"> </span></span></span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _105\"> </span><span class=\"ls1a ws1c\">24,6</span></span></div>\n<div class=\"t m0 x7 hd yb6d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yb6e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yb6d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb6f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _ba\"> </span><span class=\"ls17 ws19\">(9,0)<span class=\"_ _80\"> </span></span></span>0,3<span class=\"_ _42\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>6)<span class=\"_ _d4\"> </span>(1<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd yb70 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _a5\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _bc\"> </span></span></span></span>(3<span class=\"_ _5\"/>,2)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _1cf\"> </span><span class=\"ls1b ws1d\">(2<span class=\"_ _5\"/>1,7<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7 hd yb71 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ve<span class=\"_ _5\"/>rs d'au<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s cat\u00e9g<span class=\"_ _5\"/>ori<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x7 hd yb72 ff4 fs8 fc2 sc0 ls3c ws46\" style=\"z-index: 15;\">de<span class=\"_ _5\"/> l'ac<span class=\"_ _5\"/>t<span class=\"_ _5\"/>if</div>\n<div class=\"t m0 x183 hd yb71 ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">(28<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(2<span class=\"_ _5\"/>,2)<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>2<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(4,6<span class=\"_ _5\"/>)<span class=\"_ _ac\"> </span><span class=\"ls0 ws0\">(3<span class=\"_ _5\"/>5,0)</span></span></span></div>\n<div class=\"t m0 x7 hd yb73 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _4a\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls3b ws43\">5,1<span class=\"_ _80\"> </span><span class=\"ls7 ws8\">5,8<span class=\"_ _80\"> </span><span class=\"ls28 ws2a\">2,6<span class=\"_ _42\"> </span><span class=\"ls90 wsa4\">51<span class=\"_ _5\"/>,3</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb74 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span></span>(0,<span class=\"_ _5\"/>2)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _bc\"> </span></span>(0<span class=\"_ _5\"/>,2)</span></div>\n<div class=\"t m0 x7 hf yb75 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xb6 h1b yb76 ff7 fs8 fc3 sc0 ls3b ws43\" style=\"z-index: 15;\">652,<span class=\"_ _5\"/>2<span class=\"_ _1cf\"> </span><span class=\"lsd2 wsf2\">17<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _ac\"> </span><span class=\"ls1f ws21\">205,<span class=\"_ _5\"/>8<span class=\"_ _eb\"> </span><span class=\"ls2c ws2e\">121,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span></span>47,<span class=\"_ _2\"/>5<span class=\"_ _dd\"> </span><span class=\"lsd4 wsf5\">1.<span class=\"_ _5\"/>20<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 144px; height: 263px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 144px; height: 263px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 144px; height: 293px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 144px; height: 293px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 144px; height: 938px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x7 hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb77 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb78 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb79 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">CO\u00dbT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xb6 h1b yb7c ff7 fs8 fc3 sc0 ls3b ws43\" style=\"z-index: 15;\">652,<span class=\"_ _5\"/>2<span class=\"_ _1cf\"> </span><span class=\"lsd2 wsf2\">17<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _ac\"> </span><span class=\"ls1f ws21\">205,<span class=\"_ _5\"/>8<span class=\"_ _eb\"> </span><span class=\"ls2c ws2e\">121,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span></span>47,<span class=\"_ _2\"/>5<span class=\"_ _dd\"> </span><span class=\"lsd4 wsf5\">1.<span class=\"_ _5\"/>20<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd yb7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _120\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _83\"> </span><span class=\"ls1d ws1f\">6,<span class=\"_ _5\"/>2<span class=\"_ _ba\"> </span><span class=\"ls42 ws4c\">1<span class=\"_ _5\"/>2,2<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _80\"> </span></span></span></span>0,0<span class=\"_ _42\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd yb7e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yb7f ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x4a hd yb7e ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">42,<span class=\"_ _5\"/>5<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,0<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _21a\"> </span><span class=\"ls1b ws1d\">4,7<span class=\"_ _42\"> </span><span class=\"ls2e ws30\">48,<span class=\"_ _5\"/>2</span></span></span></div>\n<div class=\"t m0 x7 hd yb80 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _21b\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>4)<span class=\"_ _7e\"> </span><span class=\"ls12 ws14\">(17,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _ba\"> </span>(0,0)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ac\"> </span></span></span></span>(2<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x7 hd yb81 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _100\"> </span>(0<span class=\"_ _5\"/>,0)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _42\"> </span></span>(0,0)</div>\n<div class=\"t m0 x7 hd yb82 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ve<span class=\"_ _5\"/>rs d'au<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s cat\u00e9g<span class=\"_ _5\"/>ori<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x7 hd yb83 ff4 fs8 fc2 sc0 ls3c ws46\" style=\"z-index: 15;\">de<span class=\"_ _5\"/> l'ac<span class=\"_ _5\"/>t<span class=\"_ _5\"/>if</div>\n<div class=\"t m0 x44 hd yb82 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>0,1)<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(0,1)</span></div>\n<div class=\"t m0 x7 hd yb84 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21c\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>3<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls26 ws28\">3,9<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">4,6<span class=\"_ _80\"> </span>1,8<span class=\"_ _105\"> </span><span class=\"ls1b ws1d\">3<span class=\"_ _5\"/>9,7</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb85 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>0,1)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>4<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _80\"> </span></span>0,1<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></span></div>\n<div class=\"t m0 x7 hf yb86 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xb6 h1b yb87 ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">718,<span class=\"_ _5\"/>6<span class=\"_ _eb\"> </span><span class=\"ls20 ws22\">16<span class=\"_ _5\"/>6,8<span class=\"_ _11e\"> </span><span class=\"ls13 ws15\">222,0<span class=\"_ _11e\"> </span><span class=\"ls7 ws8\">126,0<span class=\"_ _10d\"> </span><span class=\"ls1d ws1f\">54,0<span class=\"_ _21d\"> </span><span class=\"lsd2 wsf2\">1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>2<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3</span></span></span></span></span></div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc yb88 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb89 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb88 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb89 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb88 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb8a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">R\u00c9\u00c9VALUA<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x7 hf yb8b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb8c ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb8b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x44 h1b yb8d ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb8e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb8f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb90 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd yb91 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb92 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb93 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yb94 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x44 h1b yb95 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hf yb96 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb97 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb96 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x44 h1b yb98 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb99 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb9a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb9b ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd yb9c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb9d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb9e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yb9f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x44 h1b yba0 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n\n<div class=\"t m0 x7 hc yba1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yba2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yba1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yba2 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yba1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yba3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TISS<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT<span class=\"_ _5\"/>S ET RE<span class=\"_ _5\"/>DUC<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>NS DE</div>\n<div class=\"t m0 x7 hc yba4 ff5 fs7 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">VALEU<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x7 hf yba5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yba6 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yba5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xbb h1b yba7 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>9<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>18<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4)<span class=\"_ _91\"> </span>(16<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"lsd4 wsf5\">(4<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>9)<span class=\"_ _10a\"> </span><span class=\"ls2b ws2d\">(21<span class=\"_ _5\"/>,0)<span class=\"_ _91\"> </span></span>(42<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd yba8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yba9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yba8 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd ybaa ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>0<span class=\"_ _bc\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,3)<span class=\"_ _21a\"> </span><span class=\"ls14 ws16\">1,6<span class=\"_ _42\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybab ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _36\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _2\"/>2<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,8<span class=\"_ _21a\"> </span><span class=\"ls1b ws1d\">1,7<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _105\"> </span><span class=\"ls1b ws1d\">19,7</span></span></span></div>\n<div class=\"t m0 x7 hd ybac ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _11d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _107\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _107\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,7<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _d\"/>,1)<span class=\"_ _bc\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,9)<span class=\"_ _d4\"> </span>(42<span class=\"_ _5\"/>,9)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybad ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _10b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,4<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _ba\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,4)<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,0</span></span></div>\n<div class=\"t m0 x7 hd ybae ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s classifi\u00e9s comme d\u00e9tenus<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hd ybaf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en v<span class=\"_ _5\"/>ue de la ve<span class=\"_ _5\"/>nte ou co<span class=\"_ _5\"/>mme</div>\n<div class=\"t m0 x7 hd ybb0 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">immeuble<span class=\"_ _d\"/> e plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4a hd ybb1 ff4 fs8 fc2 sc0 ls1d ws1f\" style=\"z-index: 15;\">28,3<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,9<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _80\"> </span></span>4,6<span class=\"_ _42\"> </span>34,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ybb2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _1d8\"> </span><span class=\"ls90 wsa4\">(0,1)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bc\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>,4)<span class=\"_ _ba\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>8)<span class=\"_ _ba\"> </span><span class=\"ls2b ws2d\">(5,9)</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybb3 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _ba\"> </span>(0,0)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></span></div>\n<div class=\"t m0 x7 hf ybb4 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xbb h1b ybb5 ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(32<span class=\"_ _5\"/>,4)<span class=\"_ _94\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2)<span class=\"_ _91\"> </span>(1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _d\"/>52,1<span class=\"_ _d\"/>)<span class=\"_ _1cc\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>20,<span class=\"_ _5\"/>5)<span class=\"_ _109\"> </span><span class=\"lsd2 wsf2\">(4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 65px; height: 312px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 65px; height: 1019px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 65px; height: 1019px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 65px; height: 1019px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 65px; height: 1019px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 65px; height: 1019px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb77 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb78 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xbb h1b yb7c ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(32<span class=\"_ _5\"/>,4)<span class=\"_ _94\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2)<span class=\"_ _91\"> </span>(1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _d\"/>52,1<span class=\"_ _d\"/>)<span class=\"_ _1cc\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>20,<span class=\"_ _5\"/>5)<span class=\"_ _109\"> </span><span class=\"lsd2 wsf2\">(4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yb7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd ybb6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yb7d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb7f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls28 ws2a\">5,4<span class=\"_ _20a\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _5\"/>6<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,5<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _42\"> </span></span></span>2<span class=\"_ _5\"/>3,4</span></div>\n<div class=\"t m0 x7 hd yb80 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _30\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb81 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _11d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ac\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3)<span class=\"_ _d4\"> </span>(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls90 wsa4\">(4,6<span class=\"_ _5\"/>)<span class=\"_ _d4\"> </span><span class=\"ls42 ws4c\">(42,<span class=\"_ _1\"/>7)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb82 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _10b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd ybb7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ybb8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ybb9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd ybba ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,1<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _80\"> </span>0,1</div>\n<div class=\"t m0 x7 hd ybbb ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _ba\"> </span><span class=\"ls17 ws19\">(2,<span class=\"_ _5\"/>6)<span class=\"_ _bc\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _42\"> </span>(0,7<span class=\"_ _5\"/>)<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ybbc ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>1<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _ba\"> </span>(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span></span>0,1<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _42\"> </span>(0,0)</span></span></div>\n<div class=\"t m0 x7 hf ybbd ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xb6 h1b ybbe ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>27,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>0)<span class=\"_ _21f\"> </span>(18<span class=\"_ _5\"/>5<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"lsdb wsfb\">(6<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>9)<span class=\"_ _10a\"> </span><span class=\"ls9d wsaf\">(<span class=\"_ _d\"/>25,8<span class=\"_ _1\"/>)<span class=\"_ _91\"> </span><span class=\"lsd4 wsf5\">(43<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>6)</span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 785px; height: 299px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc ybbf ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc ybc0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc ybbf ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL</span></div>\n<div class=\"t m0 x47 hc ybc0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">RELATIONS</div>\n<div class=\"t m0 x184 hc ybbf ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">CLIENT\u00c8LE</div>\n<div class=\"t m0 x132 hc ybc0 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc ybbf ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc ybc1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR N<span class=\"_ _5\"/>ET<span class=\"_ _5\"/>TE COM<span class=\"_ _5\"/>PTA<span class=\"_ _5\"/>BLE</div>\n<div class=\"t m0 x7 hd ybc2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>1<span class=\"_ _133\"> </span><span class=\"ls1b ws1d\">619<span class=\"_ _5\"/>,7 <span class=\"_ _10d\"> </span></span>43,<span class=\"_ _5\"/>6 <span class=\"_ _10d\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> <span class=\"_ _10d\"> </span></span>69,<span class=\"_ _5\"/>3 <span class=\"_ _bc\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/> <span class=\"_ _1cf\"> </span>7<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/> </span></div>\n<div class=\"t m0 x7 hd ybc3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2<span class=\"_ _220\"> </span><span class=\"ls23 ws25\">6<span class=\"_ _5\"/>91,<span class=\"_ _5\"/>6 <span class=\"_ _af\"> </span></span>3<span class=\"_ _5\"/>4,8 <span class=\"_ _10d\"> </span><span class=\"ls1d ws1f\">36,1 <span class=\"_ _af\"> </span></span>6<span class=\"_ _5\"/>5,1 <span class=\"_ _af\"> </span>2<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2 <span class=\"_ _eb\"> </span><span class=\"ls7 ws8\">855,<span class=\"_ _5\"/>8</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 627px; height: 457px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 627px; height: 457px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent et de d<span class=\"_ _5\"/>\u00e9pr\u00e9<span class=\"_ _5\"/>ciatio<span class=\"_ _5\"/>n se so<span class=\"_ _5\"/>nt \u00e9lev\u00e9<span class=\"_ _5\"/>es \u00e0 42,7 mEUR en 20<span class=\"_ _5\"/>22 et s<span class=\"_ _5\"/>ont simi<span class=\"_ _5\"/>laires \u00e0 c<span class=\"_ _5\"/>elles d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>\u00e9e der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>41,9</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls39 ws41\" style=\"z-index: 15;\">mEU<span class=\"_ _5\"/>R).  </div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur s<span class=\"_ _5\"/>ont re<span class=\"_ _5\"/>pris da<span class=\"_ _5\"/>ns la se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on \u201cD\u00e9<span class=\"_ _5\"/>pr\u00e9ci<span class=\"_ _5\"/>ations e<span class=\"_ _5\"/>t amor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>s\u201d du co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 537px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions inco<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s ont augm<span class=\"_ _5\"/>ent\u00e9 de 5<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>8 mEUR, e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on sur<span class=\"_ _5\"/>tou<span class=\"_ _5\"/>t de :</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on du goo<span class=\"_ _5\"/>dwill de 42<span class=\"_ _5\"/>,5 mEU<span class=\"_ _5\"/>R due \u00e0 l'acquis<span class=\"_ _5\"/>ition d'Aldip<span class=\"_ _5\"/>res<span class=\"_ _5\"/>s et d'IM<span class=\"_ _5\"/>X ;</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>la comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on d'un logi<span class=\"_ _5\"/>ciel de 1,<span class=\"_ _5\"/>0 mEUR et d'un<span class=\"_ _5\"/>e d\u00e9nom<span class=\"_ _5\"/>inatio<span class=\"_ _5\"/>n commer<span class=\"_ _5\"/>ciale de 4,7 mEUR da<span class=\"_ _5\"/>ns le ca<span class=\"_ _5\"/>dre de l'alloc<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>u prix d'ac<span class=\"_ _5\"/>hat</div>\n<div class=\"t m0 x2a h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'IM<span class=\"_ _5\"/>X , la migr<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e l'infra<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>ture IT ve<span class=\"_ _5\"/>rs l'enviro<span class=\"_ _5\"/>nnem<span class=\"_ _5\"/>ent clou<span class=\"_ _5\"/>d et le no<span class=\"_ _5\"/>uveau mo<span class=\"_ _5\"/>d\u00e8le d<span class=\"_ _5\"/>e dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion ;</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>des a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e 18,<span class=\"_ _5\"/>3 mEUR pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt li\u00e9e<span class=\"_ _5\"/>s aux co\u00fb<span class=\"_ _5\"/>ts de d<span class=\"_ _5\"/>\u00e9velo<span class=\"_ _5\"/>ppem<span class=\"_ _5\"/>ent IC<span class=\"_ _5\"/>T capi<span class=\"_ _5\"/>talis<span class=\"_ _5\"/>\u00e9s ;</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l\u2019\u00e9volut<span class=\"_ _5\"/>ion du ta<span class=\"_ _5\"/>ux de cha<span class=\"_ _5\"/>nge (35,1 m<span class=\"_ _5\"/>EUR), princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent li\u00e9<span class=\"_ _5\"/>e \u00e0 l\u2019<span class=\"_ _d\"/>\u00e9vo<span class=\"_ _5\"/>lutio<span class=\"_ _5\"/>n du good<span class=\"_ _5\"/>will en USD ;</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent neu<span class=\"_ _5\"/>tral<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>ar des a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e valeur s<span class=\"_ _5\"/>e chiff<span class=\"_ _5\"/>rant \u00e0 42,7 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>egro<span class=\"_ _5\"/>upeme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s selon l<span class=\"_ _5\"/>a m\u00e9th<span class=\"_ _5\"/>ode d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion. L<span class=\"_ _5\"/>e co\u00fbt d\u2019une a<span class=\"_ _5\"/>cquisit<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t d\u00e9f<span class=\"_ _5\"/>ini com<span class=\"_ _5\"/>me l\u2019agr\u00e9g<span class=\"_ _5\"/>at de</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie tra<span class=\"_ _5\"/>nsf\u00e9<span class=\"_ _5\"/>r\u00e9e, \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>e \u00e0 sa jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur \u00e0 la date d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n, et du m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t des int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s minor<span class=\"_ _5\"/>ita<span class=\"_ _5\"/>ires dan<span class=\"_ _5\"/>s l\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise ac<span class=\"_ _5\"/>quise<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 372px; height: 712px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y5b ff7 fs6 fc3 sc0 ls51 ws61\" style=\"z-index: 15;\">Goodwill</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill e<span class=\"_ _5\"/>st ini<span class=\"_ _5\"/>tialem<span class=\"_ _5\"/>ent \u00e9v<span class=\"_ _5\"/>alu\u00e9 au co\u00fb<span class=\"_ _5\"/>t, so<span class=\"_ _5\"/>it l\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>c\u00e9dent d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>agr<span class=\"_ _5\"/>\u00e9gat de l<span class=\"_ _5\"/>a contre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e sur le ne<span class=\"_ _5\"/>t ident<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>able de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs ac<span class=\"_ _5\"/>quis et</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>ifs sup<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>s. A<span class=\"_ _5\"/>pr\u00e8s co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>tion ini<span class=\"_ _5\"/>tiale, le g<span class=\"_ _5\"/>oodw<span class=\"_ _5\"/>ill es<span class=\"_ _5\"/>t \u00e9valu\u00e9 a<span class=\"_ _5\"/>u co\u00fbt mo<span class=\"_ _5\"/>ins toute<span class=\"_ _5\"/>s r\u00e9du<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons de va<span class=\"_ _5\"/>leur acc<span class=\"_ _5\"/>umul\u00e9e<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill a \u00e9<span class=\"_ _5\"/>t\u00e9 allou<span class=\"_ _5\"/>\u00e9 \u00e0 chaque u<span class=\"_ _5\"/>nit\u00e9 g\u00e9n\u00e9<span class=\"_ _5\"/>ratr<span class=\"_ _5\"/>ice de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>ou g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>es d\u2019unit\u00e9<span class=\"_ _5\"/>s g\u00e9n\u00e9r<span class=\"_ _5\"/>atr<span class=\"_ _5\"/>ices de t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie) du group<span class=\"_ _5\"/>e en acco<span class=\"_ _5\"/>rd avec</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IA<span class=\"_ _5\"/>S 36 R\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeur d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s.</div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ybc4 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x7d hc ybc5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BELGIUM</div>\n<div class=\"t m0 xcb hc ybc6 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _5\"/>AS<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 xcb hc ybc7 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">MILE<span class=\"_ _66\"> </span>PRE<span class=\"_ _5\"/>SS</div>\n<div class=\"t m0 xeb hc ybc6 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">PAR<span class=\"_ _d\"/>CELS<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x158 hc ybc7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">BE<span class=\"_ _5\"/>NE</div>\n<div class=\"t m0 x185 hc ybc8 ff5 fs7 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">PERSO<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x115 hc ybc9 ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">NALIS<span class=\"_ _d\"/>ED</div>\n<div class=\"t m0 x143 hc ybca ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">LOGIS<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x5f hc ybcb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TICS</div>\n<div class=\"t m0 x11f hc ybca ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">RADIAL</div>\n<div class=\"t m0 x186 hc ybcb ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EUROPE</div>\n<div class=\"t m0 xd0 hc ybca ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">ACTIVE<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x84 hc ybcb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ANTS</div>\n<div class=\"t m0 xb3 hc ybcc ff7 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">E-LO<span class=\"_ _5\"/><span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x56 hc ybcd ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">GI<span class=\"_ _5\"/>STI<span class=\"_ _5\"/>CS</div>\n<div class=\"t m0 x177 hc ybce ff5 fs7 fc2 sc0 ls51 ws61\" style=\"z-index: 15;\">EUR<span class=\"_ _5\"/>ASIA</div>\n<div class=\"t m0 xc7 hc ybcf ff7 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">E-LO<span class=\"_ _5\"/><span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x104 hc ybd0 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">GI<span class=\"_ _5\"/>STI<span class=\"_ _5\"/>CS</div>\n<div class=\"t m0 xf0 hc ybd1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NORTH</div>\n<div class=\"t m0 x103 hc ybd2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">AMERICA<span class=\"_ _8d\"> </span><span class=\"lsa0 wsb3\">AUTRE<span class=\"_ _17\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></span></div>\n<div class=\"t m0 x7 hf ybd3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 1</div>\n<div class=\"t m0 xe1 h22 ybd4 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x20 hf ybd3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x62 h1b ybd5 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _8f\"> </span><span class=\"ls2c ws2e\">21,<span class=\"_ _5\"/>9<span class=\"_ _6c\"> </span><span class=\"ls49 ws57\">38,3<span class=\"_ _221\"> </span></span></span>0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _68\"> </span><span class=\"lsd2 wsf2\">5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _17\"> </span><span class=\"ls25 ws27\">463,5<span class=\"_ _221\"> </span><span class=\"ls4c ws5a\">1,5<span class=\"_ _66\"> </span><span class=\"ls1d ws1f\">582,<span class=\"_ _5\"/>2</span></span></span></span></div>\n<div class=\"t m0 x7 hd ybd6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansfer<span class=\"_ _5\"/>t<span class=\"_ _1de\"> </span><span class=\"ls1b ws1d\">5<span class=\"_ _5\"/>4,7<span class=\"_ _87\"> </span><span class=\"ls0 ws0\">(21,<span class=\"_ _5\"/>9)<span class=\"_ _73\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>3)<span class=\"_ _69\"> </span><span class=\"ls18 ws1a\">20,0<span class=\"_ _69\"> </span><span class=\"ls28 ws2a\">13,4<span class=\"_ _69\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>9<span class=\"_ _86\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _96\"> </span></span></span></span>0,0<span class=\"_ _76\"> </span></span></span>(0<span class=\"_ _5\"/>,9)<span class=\"_ _96\"> </span><span class=\"ls18 ws1a\">0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ybd7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ecar<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _4e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _96\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _96\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _72\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,7<span class=\"_ _96\"> </span></span>0,0<span class=\"_ _72\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,7</span></span></div>\n<div class=\"t m0 x7 hf ybd8 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xcb h1b ybd9 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>4,7<span class=\"_ _221\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _76\"> </span>20,0<span class=\"_ _8f\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>4<span class=\"_ _6c\"> </span><span class=\"lsbb wsd8\">2<span class=\"_ _5\"/>9,9<span class=\"_ _221\"> </span></span></span>0,0<span class=\"_ _17\"> </span><span class=\"lsbb wsd8\">501<span class=\"_ _5\"/>,2<span class=\"_ _222\"> </span></span></span>0,7<span class=\"_ _87\"> </span>61<span class=\"_ _5\"/>9,7</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 104px; height: 138px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 104px; height: 138px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 104px; height: 258px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 104px; height: 980px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 104px; height: 980px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ybda ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x13d hc ybdb ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BELGIUM</div>\n<div class=\"t m0 x187 hc ybda ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _5\"/>AS<span class=\"_ _5\"/>T MIL<span class=\"_ _5\"/>E</div>\n<div class=\"t m0 x6e hc ybdc ff5 fs7 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">PERSO<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x40 hc ybdd ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">NALIS<span class=\"_ _d\"/>ED</div>\n<div class=\"t m0 x58 hc ybde ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">LOGIS<span class=\"_ _5\"/>TICS</div>\n<div class=\"t m0 x70 hc ybdd ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">RADIAL</div>\n<div class=\"t m0 x6f hc ybde ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EUROPE<span class=\"_ _d9\"> </span><span class=\"ls50 ws5f\">ACTIVE ANT<span class=\"_ _d\"/>S</span></div>\n<div class=\"t m0 x1a hc ybdd ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">CR<span class=\"_ _5\"/>OSS</div>\n<div class=\"t m0 x17 hc ybde ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BORDER</div>\n<div class=\"t m0 x1 hc ybdf ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">E-LOGISTIC<span class=\"_ _5\"/>S<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x67 hc ybe0 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NORTH</div>\n<div class=\"t m0 x73 hc ybe1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">AMERICA<span class=\"_ _84\"> </span><span class=\"lsa0 wsb3\">AUTRE<span class=\"_ _96\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></span></div>\n<div class=\"t m0 x7 hf ybe2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 1</div>\n<div class=\"t m0 xe1 h22 ybe3 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x20 hf ybe2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x13b h1b ybe4 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>4,7<span class=\"_ _44\"> </span><span class=\"ls14 ws16\">20,0<span class=\"_ _77\"> </span><span class=\"ls25 ws27\">1<span class=\"_ _5\"/>3,4<span class=\"_ _77\"> </span><span class=\"lsbb wsd8\">29,<span class=\"_ _5\"/>9<span class=\"_ _7f\"> </span></span></span>0,0<span class=\"_ _96\"> </span><span class=\"lsbb wsd8\">5<span class=\"_ _5\"/>01,<span class=\"_ _5\"/>2<span class=\"_ _7f\"> </span></span></span>0<span class=\"_ _5\"/>,7<span class=\"_ _97\"> </span>6<span class=\"_ _5\"/>19,7</div>\n<div class=\"t m0 x7 hd ybe5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _23\"> </span><span class=\"ls42 ws4c\">22,<span class=\"_ _5\"/>3<span class=\"_ _136\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _136\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _205\"> </span>20,2<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _205\"> </span><span class=\"ls2b ws2d\">42,<span class=\"_ _5\"/>5</span></span></span></div>\n<div class=\"t m0 x7 hd ybe6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _13a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _223\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansfer<span class=\"_ _5\"/>t<span class=\"_ _224\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _44\"> </span><span class=\"ls17 ws19\">(2,<span class=\"_ _5\"/>0)<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>,7<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _b0\"> </span><span class=\"ls0 ws0\">(0,6)<span class=\"_ _206\"> </span></span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ecar<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _44\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _138\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _44\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _1c6\"> </span><span class=\"ls17 ws19\">29,4<span class=\"_ _138\"> </span></span></span>0,0<span class=\"_ _205\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hf ybea ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x48 h1b ybeb ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _205\"> </span>17,<span class=\"_ _5\"/>9<span class=\"_ _44\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>3<span class=\"_ _77\"> </span><span class=\"lsbb wsd8\">29,<span class=\"_ _5\"/>9<span class=\"_ _77\"> </span><span class=\"ls13 ws15\">22,9<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">530,<span class=\"_ _5\"/>6<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _96\"> </span><span class=\"ls86 ws50\">6<span class=\"_ _5\"/>91,6</span></span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 896px; height: 188px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 896px; height: 188px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation du g<span class=\"_ _5\"/>oodw<span class=\"_ _5\"/>ill de 619,7 mEUR \u00e0 691,6 mEUR e<span class=\"_ _5\"/>st du<span class=\"_ _5\"/>e, d'une par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>, au goo<span class=\"_ _5\"/>dwill comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 li\u00e9 \u00e0 l'ach<span class=\"_ _5\"/>at d'IMX e<span class=\"_ _5\"/>t d'<span class=\"_ _1\"/>A<span class=\"_ _5\"/>ldipre<span class=\"_ _5\"/>ss e<span class=\"_ _5\"/>t,</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'autre p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t, \u00e0 l'\u00e9volut<span class=\"_ _5\"/>ion du t<span class=\"_ _5\"/>aux de ch<span class=\"_ _5\"/>ange.</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 la sui<span class=\"_ _5\"/>te de la nou<span class=\"_ _5\"/>velle s<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>e orga<span class=\"_ _5\"/>nisat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle 202<span class=\"_ _5\"/>2 de bpo<span class=\"_ _5\"/>stg<span class=\"_ _5\"/>roup sur la b<span class=\"_ _5\"/>ase de<span class=\"_ _5\"/>s nou<span class=\"_ _5\"/>veaux s<span class=\"_ _5\"/>egme<span class=\"_ _5\"/>nts o<span class=\"_ _5\"/>p\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>els B<span class=\"_ _5\"/>elgiu<span class=\"_ _5\"/>m,</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">E-Lo<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eurasi<span class=\"_ _5\"/>a et E-Lo<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>ics N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>meri<span class=\"_ _5\"/>ca, le<span class=\"_ _5\"/>s unit\u00e9s g<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>ces de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e ont \u00e9t\u00e9 r\u00e9<span class=\"_ _5\"/>org<span class=\"_ _5\"/>anis\u00e9<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>in 2021 af<span class=\"_ _5\"/>in de re<span class=\"_ _5\"/>fl\u00e9<span class=\"_ _5\"/>ter le plu<span class=\"_ _5\"/>s pet<span class=\"_ _5\"/>it</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gro<span class=\"_ _5\"/>upe d'ac<span class=\"_ _5\"/>tifs g\u00e9<span class=\"_ _5\"/>n\u00e9r<span class=\"_ _5\"/>ant des f<span class=\"_ _5\"/>lux e<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie ind<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>dant<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment \u00e0 l<span class=\"_ _5\"/>a str<span class=\"_ _5\"/>at\u00e9gie v<span class=\"_ _5\"/>isan<span class=\"_ _5\"/>t \u00e0 tran<span class=\"_ _5\"/>sfor<span class=\"_ _5\"/>mer le<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivi<span class=\"_ _5\"/>t\u00e9s de B<span class=\"_ _5\"/>elgium e<span class=\"_ _5\"/>n un mod<span class=\"_ _5\"/>\u00e8le rep<span class=\"_ _5\"/>osan<span class=\"_ _5\"/>t sur les col<span class=\"_ _5\"/>is et int\u00e9<span class=\"_ _5\"/>grant l<span class=\"_ _5\"/>e courr<span class=\"_ _5\"/>ier nat<span class=\"_ _5\"/>ional<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le goo<span class=\"_ _5\"/>dwill li<span class=\"_ _5\"/>\u00e9 au \u201clas<span class=\"_ _5\"/>t mile de<span class=\"_ _5\"/>liver<span class=\"_ _5\"/>y<span class=\"_ _5\"/>\u201d des col<span class=\"_ _5\"/>is en Be<span class=\"_ _5\"/>lgiqu<span class=\"_ _5\"/>e (par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>e l\u2019UGT P<span class=\"_ _5\"/>arcel<span class=\"_ _5\"/>s BeN<span class=\"_ _5\"/>e) et \u00e0 l\u2019UG<span class=\"_ _5\"/>T Pres<span class=\"_ _5\"/>s a \u00e9t\u00e9 tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9 ver<span class=\"_ _5\"/>s Be<span class=\"_ _5\"/>lgium L<span class=\"_ _5\"/>ast</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mile (5<span class=\"_ _5\"/>4,7 mEUR) en 202<span class=\"_ _5\"/>1. Le goo<span class=\"_ _5\"/>dwill li\u00e9 \u00e0 l'acq<span class=\"_ _5\"/>uisit<span class=\"_ _5\"/>ion d'<span class=\"_ _d\"/>Al<span class=\"_ _5\"/>dipre<span class=\"_ _5\"/>ss en 20<span class=\"_ _5\"/>22 a \u00e9t\u00e9 al<span class=\"_ _5\"/>lou\u00e9 \u00e0 l'UG<span class=\"_ _5\"/>T Belg<span class=\"_ _5\"/>ium La<span class=\"_ _5\"/>st Mile<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour s<span class=\"_ _5\"/>outen<span class=\"_ _5\"/>ir la str<span class=\"_ _5\"/>at\u00e9gi<span class=\"_ _5\"/>e de croi<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce du se<span class=\"_ _5\"/>gment o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nel E-L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Euras<span class=\"_ _5\"/>ia, l'UGT E-<span class=\"_ _5\"/>Co<span class=\"_ _5\"/>mmerce l<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eurasi<span class=\"_ _5\"/>a a \u00e9t\u00e9 r\u00e9o<span class=\"_ _5\"/>rgan<span class=\"_ _5\"/>is\u00e9e</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>1 en 3 UGT ave<span class=\"_ _5\"/>c goo<span class=\"_ _5\"/>dwill : Ra<span class=\"_ _5\"/>dial Europ<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>1<span class=\"_ _5\"/>3,4 mEUR), Ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ve Ant<span class=\"_ _5\"/>s (29,<span class=\"_ _5\"/>9 mEUR) et Per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>alise<span class=\"_ _5\"/>d Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s (20,0 m<span class=\"_ _5\"/>EUR). Cet<span class=\"_ _5\"/>te der<span class=\"_ _5\"/>ni\u00e8re</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">incl<span class=\"_ _5\"/>ut la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on des co<span class=\"_ _5\"/>lis aux Pay<span class=\"_ _5\"/>s \u2013 Bas<span class=\"_ _5\"/>, qui fai<span class=\"_ _5\"/>sait pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie de l\u2019<span class=\"_ _5\"/>UGT Par<span class=\"_ _5\"/>cels B<span class=\"_ _5\"/>eNe dan<span class=\"_ _5\"/>s l\u2019<span class=\"_ _d\"/>an<span class=\"_ _5\"/>cienn<span class=\"_ _5\"/>e str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>ture. L<span class=\"_ _5\"/>a combina<span class=\"_ _5\"/>ison d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s chez</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Per<span class=\"_ _5\"/>sona<span class=\"_ _5\"/>lised L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s cr\u00e9<span class=\"_ _5\"/>e le plus pe<span class=\"_ _5\"/>tit gr<span class=\"_ _5\"/>oupe d\u2019ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s g\u00e9n\u00e9r<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x entr<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie in<span class=\"_ _5\"/>d\u00e9pe<span class=\"_ _5\"/>ndant<span class=\"_ _5\"/>s supp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>t la nouv<span class=\"_ _5\"/>elle st<span class=\"_ _5\"/>rat\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gie d<span class=\"_ _5\"/>e Pers<span class=\"_ _5\"/>onalis<span class=\"_ _5\"/>ed Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics ; d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n \u00e0 valeur a<span class=\"_ _5\"/>jout\u00e9<span class=\"_ _5\"/>e soute<span class=\"_ _5\"/>nus par un s<span class=\"_ _5\"/>avoir \u2013 fa<span class=\"_ _5\"/>ire tec<span class=\"_ _5\"/>hnique<span class=\"_ _5\"/>. Le good<span class=\"_ _5\"/>will es<span class=\"_ _5\"/>t r\u00e9allo<span class=\"_ _5\"/>u\u00e9 en</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">reco<span class=\"_ _5\"/>urant \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>app<span class=\"_ _5\"/>roche b<span class=\"_ _5\"/>as\u00e9<span class=\"_ _5\"/>e sur la val<span class=\"_ _5\"/>eur rel<span class=\"_ _5\"/>ative.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill li<span class=\"_ _5\"/>\u00e9 \u00e0 l'<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisit<span class=\"_ _5\"/>ion d'IM<span class=\"_ _5\"/>X en 202<span class=\"_ _5\"/>2 a \u00e9t\u00e9 allou<span class=\"_ _5\"/>\u00e9 \u00e0 l'UGT Cr<span class=\"_ _5\"/>oss B<span class=\"_ _5\"/>order, qui fou<span class=\"_ _5\"/>rnit de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices inb<span class=\"_ _5\"/>ound<span class=\"_ _5\"/>, outb<span class=\"_ _5\"/>ound et d'i<span class=\"_ _5\"/>mpor<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(droit<span class=\"_ _5\"/>s de do<span class=\"_ _5\"/>uane) pou<span class=\"_ _5\"/>r les colis e<span class=\"_ _5\"/>n Europ<span class=\"_ _5\"/>e et en A<span class=\"_ _5\"/>sie et p<span class=\"_ _5\"/>our le cou<span class=\"_ _5\"/>rri<span class=\"_ _5\"/>er inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>nal dans le m<span class=\"_ _5\"/>onde e<span class=\"_ _5\"/>ntier.</div>\n\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill n'es<span class=\"_ _5\"/>t pas amo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ti mais e<span class=\"_ _5\"/>st so<span class=\"_ _5\"/>umis \u00e0 un te<span class=\"_ _5\"/>st de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r sur une ba<span class=\"_ _5\"/>se annu<span class=\"_ _5\"/>elle (d\u00e9ce<span class=\"_ _5\"/>mbre). Aux f<span class=\"_ _5\"/>ins du t<span class=\"_ _5\"/>est d<span class=\"_ _5\"/>e r\u00e9duc<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de va<span class=\"_ _5\"/>leur<span class=\"_ _d\"/>, le go<span class=\"_ _5\"/>odwil<span class=\"_ _5\"/>l est a<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>t\u00e9 \u00e0 chacu<span class=\"_ _5\"/>ne des un<span class=\"_ _5\"/>it\u00e9s g\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>trice<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>erie du g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>ou g<span class=\"_ _5\"/>roupe<span class=\"_ _5\"/>s d'unit\u00e9s g<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>ces de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e)</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">confo<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>ment \u00e0 la n<span class=\"_ _5\"/>orme I<span class=\"_ _5\"/>AS 3<span class=\"_ _5\"/>6 D\u00e9p<span class=\"_ _5\"/>r\u00e9ciat<span class=\"_ _5\"/>ion d'ac<span class=\"_ _5\"/>tifs<span class=\"_ _5\"/>. Le tes<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>iste \u00e0 com<span class=\"_ _5\"/>parer l<span class=\"_ _5\"/>a valeur co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>ble des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs (ou gro<span class=\"_ _5\"/>upe) des U<span class=\"_ _5\"/>GT avec</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">leur valeur re<span class=\"_ _5\"/>couvra<span class=\"_ _5\"/>ble.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les v<span class=\"_ _5\"/>aleur<span class=\"_ _5\"/>s reco<span class=\"_ _5\"/>uvra<span class=\"_ _5\"/>bles s<span class=\"_ _5\"/>ont bas<span class=\"_ _5\"/>\u00e9es s<span class=\"_ _5\"/>ur la vale<span class=\"_ _5\"/>ur d'utili<span class=\"_ _5\"/>t\u00e9. Cet<span class=\"_ _5\"/>te der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e est \u00e9<span class=\"_ _5\"/>gale \u00e0 la va<span class=\"_ _5\"/>leur ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle des f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie fut<span class=\"_ _5\"/>urs qu<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>on</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s'atte<span class=\"_ _5\"/>nd \u00e0 obte<span class=\"_ _5\"/>nir de cha<span class=\"_ _5\"/>que UGT o<span class=\"_ _5\"/>u group<span class=\"_ _5\"/>e d'UGT e<span class=\"_ _5\"/>t est d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9<span class=\"_ _5\"/>e \u00e0 l'<span class=\"_ _d\"/>aid<span class=\"_ _5\"/>e des do<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>ntes :</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ws37\">le pla<span class=\"_ _5\"/>n d'<span class=\"_ _d\"/>aff<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>t les bu<span class=\"_ _5\"/>dget<span class=\"_ _5\"/>s les pl<span class=\"_ _5\"/>us r\u00e9ce<span class=\"_ _5\"/>nts<span class=\"_ _5\"/>, y compr<span class=\"_ _5\"/>is la pla<span class=\"_ _5\"/>nifi<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n d\u00e9t<span class=\"_ _5\"/>aill\u00e9e d<span class=\"_ _5\"/>e l'EBITDA<span class=\"_ _5\"/>, le fo<span class=\"_ _5\"/>nds de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt net e<span class=\"_ _5\"/>t la planif<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ation </span></div>\n<div class=\"t m0 x2a h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des i<span class=\"_ _5\"/>nves<span class=\"_ _5\"/>tiss<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nts p<span class=\"_ _5\"/>ar le biais d<span class=\"_ _5\"/>e d\u00e9pe<span class=\"_ _5\"/>nse<span class=\"_ _5\"/>s d'inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>seme<span class=\"_ _5\"/>nt ou de lea<span class=\"_ _5\"/>sing<span class=\"_ _5\"/>, qui couv<span class=\"_ _5\"/>re une p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de de cin<span class=\"_ _5\"/>q ans ;</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>pr<span class=\"_ _5\"/>ise en co<span class=\"_ _5\"/>mpte d'une va<span class=\"_ _5\"/>leur ter<span class=\"_ _5\"/>minale d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9e \u00e0 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tir de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie ob<span class=\"_ _5\"/>tenus pa<span class=\"_ _5\"/>r ex<span class=\"_ _5\"/>trap<span class=\"_ _5\"/>olati<span class=\"_ _5\"/>on des f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie de la</div>\n<div class=\"t m0 x2a h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e ann\u00e9e d<span class=\"_ _5\"/>u plan d'affa<span class=\"_ _5\"/>ires su<span class=\"_ _5\"/>smen<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>\u00e9, affe<span class=\"_ _5\"/>ct\u00e9<span class=\"_ _5\"/>s d'un taux d<span class=\"_ _5\"/>e crois<span class=\"_ _5\"/>san<span class=\"_ _5\"/>ce \u00e0 long ter<span class=\"_ _5\"/>me jug\u00e9 ap<span class=\"_ _5\"/>prop<span class=\"_ _5\"/>ri\u00e9 po<span class=\"_ _5\"/>ur l'acti<span class=\"_ _5\"/>vit\u00e9 e<span class=\"_ _5\"/>t la loca<span class=\"_ _5\"/>lisa<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n des ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s ;</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l'act<span class=\"_ _5\"/>ualisa<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s fl<span class=\"_ _5\"/>ux de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>erie at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dus \u00e0 un ta<span class=\"_ _5\"/>ux d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>\u00e9 selo<span class=\"_ _5\"/>n la form<span class=\"_ _5\"/>ule du co\u00fbt m<span class=\"_ _5\"/>oyen po<span class=\"_ _5\"/>nd\u00e9r<span class=\"_ _5\"/>\u00e9 du capi<span class=\"_ _5\"/>tal.</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'hy<span class=\"_ _5\"/>poth<span class=\"_ _5\"/>\u00e8se p<span class=\"_ _5\"/>our laq<span class=\"_ _5\"/>uelle le<span class=\"_ _5\"/>s valeu<span class=\"_ _5\"/>rs re<span class=\"_ _5\"/>couvr<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s sont le<span class=\"_ _5\"/>s plus se<span class=\"_ _5\"/>nsibl<span class=\"_ _5\"/>es pou<span class=\"_ _5\"/>r toutes le<span class=\"_ _5\"/>s UGT te<span class=\"_ _5\"/>st\u00e9<span class=\"_ _5\"/>es es<span class=\"_ _5\"/>t l'EBIT<span class=\"_ _5\"/>DA. L<span class=\"_ _1\"/>\u2019hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>se cl\u00e9 (EB<span class=\"_ _5\"/>ITDA)</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s budg<span class=\"_ _5\"/>ets e<span class=\"_ _5\"/>st ba<span class=\"_ _5\"/>s\u00e9e s<span class=\"_ _5\"/>ur des e<span class=\"_ _5\"/>xp\u00e9<span class=\"_ _5\"/>rien<span class=\"_ _5\"/>ces pas<span class=\"_ _5\"/>s\u00e9<span class=\"_ _5\"/>es adap<span class=\"_ _5\"/>t\u00e9es a<span class=\"_ _5\"/>ux condi<span class=\"_ _5\"/>tions c<span class=\"_ _5\"/>hangean<span class=\"_ _5\"/>tes du mar<span class=\"_ _5\"/>ch\u00e9. L<span class=\"_ _1\"/>'EBI<span class=\"_ _5\"/>TDA es<span class=\"_ _5\"/>t le r\u00e9s<span class=\"_ _5\"/>ultat de l'\u00e9vol<span class=\"_ _5\"/>u-</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n des vol<span class=\"_ _5\"/>umes<span class=\"_ _5\"/>, des pr<span class=\"_ _5\"/>ix et d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>jet<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>\u00e9lior<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des co\u00fbt<span class=\"_ _5\"/>s<span class=\"_ _5\"/>, ainsi qu<span class=\"_ _5\"/>e de nou<span class=\"_ _5\"/>veaux s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s \u00e0 valeur a<span class=\"_ _5\"/>jout\u00e9<span class=\"_ _5\"/>e, selo<span class=\"_ _5\"/>n le jugem<span class=\"_ _5\"/>ent et le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>timat<span class=\"_ _5\"/>ions de l<span class=\"_ _5\"/>a direc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n lors d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>\u00e9la<span class=\"_ _5\"/>bora<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s budge<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t des p<span class=\"_ _5\"/>r\u00e9vis<span class=\"_ _5\"/>ions p<span class=\"_ _5\"/>our les an<span class=\"_ _5\"/>n\u00e9e<span class=\"_ _5\"/>s \u00e0 venir.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux d'act<span class=\"_ _5\"/>ualis<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>tim<span class=\"_ _5\"/>\u00e9 sur la bas<span class=\"_ _5\"/>e d'une anal<span class=\"_ _5\"/>yse com<span class=\"_ _5\"/>parat<span class=\"_ _5\"/>ive ap<span class=\"_ _5\"/>profon<span class=\"_ _5\"/>die avec d<span class=\"_ _5\"/>es pair<span class=\"_ _5\"/>s, de m<span class=\"_ _5\"/>ani\u00e8re \u00e0 r<span class=\"_ _5\"/>ef<span class=\"_ _5\"/>l\u00e9ter le r<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment qu<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les in<span class=\"_ _5\"/>vest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur<span class=\"_ _5\"/>s exige<span class=\"_ _5\"/>raie<span class=\"_ _5\"/>nt s'ils ch<span class=\"_ _5\"/>oisis<span class=\"_ _5\"/>saie<span class=\"_ _5\"/>nt d'inves<span class=\"_ _5\"/>tir dan<span class=\"_ _5\"/>s les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s sous \u2013 j<span class=\"_ _5\"/>acent<span class=\"_ _5\"/>s. Le g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e de pair<span class=\"_ _5\"/>s a \u00e9t\u00e9 div<span class=\"_ _5\"/>is\u00e9 en d<span class=\"_ _5\"/>eux<span class=\"_ _5\"/>: d\u2019une par<span class=\"_ _5\"/>t un</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gro<span class=\"_ _5\"/>upe li\u00e9 au co<span class=\"_ _5\"/>urr<span class=\"_ _5\"/>ier et un g<span class=\"_ _5\"/>roupe l<span class=\"_ _5\"/>i\u00e9 li\u00e9s a<span class=\"_ _5\"/>ux colis<span class=\"_ _5\"/>. En outr<span class=\"_ _5\"/>e, l'enviro<span class=\"_ _5\"/>nneme<span class=\"_ _5\"/>nt \u00e9con<span class=\"_ _5\"/>omiqu<span class=\"_ _5\"/>e diff\u00e9r<span class=\"_ _5\"/>ent a \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t \u00e9t\u00e9 pr<span class=\"_ _5\"/>is en comp<span class=\"_ _5\"/>te dans</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>nation d<span class=\"_ _5\"/>u co\u00fbt moye<span class=\"_ _5\"/>n pond<span class=\"_ _5\"/>\u00e9r\u00e9 du c<span class=\"_ _5\"/>apita<span class=\"_ _5\"/>l (WACC). En ra<span class=\"_ _5\"/>ison d'un<span class=\"_ _5\"/>e augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on du co\u00fbt d<span class=\"_ _5\"/>e la det<span class=\"_ _5\"/>te, le<span class=\"_ _5\"/>s taux d'ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on sont</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sup<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>urs \u00e0 ce<span class=\"_ _5\"/>ux appli<span class=\"_ _5\"/>qu\u00e9s lo<span class=\"_ _5\"/>rs de<span class=\"_ _5\"/>s tes<span class=\"_ _5\"/>ts de l'ann<span class=\"_ _5\"/>\u00e9e der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux de cro<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ance \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e a \u00e9t\u00e9 fi<span class=\"_ _5\"/>x\u00e9 \u00e0 0% p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s de courr<span class=\"_ _5\"/>ier, 1<span class=\"_ _1\"/>% p<span class=\"_ _5\"/>our la li<span class=\"_ _5\"/>vrai<span class=\"_ _5\"/>son du de<span class=\"_ _5\"/>rnie<span class=\"_ _5\"/>r kilom<span class=\"_ _5\"/>\u00e8tre (\u201c<span class=\"_ _5\"/>last m<span class=\"_ _5\"/>ile deli<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>y\u00bb)</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et 2% p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s de colis e<span class=\"_ _5\"/>t la logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ue du comm<span class=\"_ _5\"/>erce \u00e9le<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>roniqu<span class=\"_ _5\"/>e. Les t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance o<span class=\"_ _5\"/>nt \u00e9t\u00e9 d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9s sur b<span class=\"_ _5\"/>ase d'at<span class=\"_ _5\"/>tentes</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">inter<span class=\"_ _5\"/>nes (m\u00ea<span class=\"_ _5\"/>mes hy<span class=\"_ _5\"/>poth<span class=\"_ _5\"/>\u00e8se<span class=\"_ _5\"/>s que po<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>\u00e9vo<span class=\"_ _5\"/>lution d<span class=\"_ _5\"/>e l'EBITD<span class=\"_ _5\"/>A) et de s<span class=\"_ _5\"/>ource<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>terne<span class=\"_ _5\"/>s et so<span class=\"_ _5\"/>nt coh\u00e9<span class=\"_ _5\"/>rent<span class=\"_ _5\"/>s avec le<span class=\"_ _5\"/>s chiff<span class=\"_ _5\"/>res de cr<span class=\"_ _5\"/>ois<span class=\"_ _5\"/>sance r\u00e9<span class=\"_ _5\"/>el<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>tes po<span class=\"_ _5\"/>ur les se<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>urs p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tine<span class=\"_ _5\"/>nts da<span class=\"_ _5\"/>ns les<span class=\"_ _5\"/>quel<span class=\"_ _5\"/>s les UG<span class=\"_ _5\"/>T op\u00e8r<span class=\"_ _5\"/>ent et pr<span class=\"_ _5\"/>enne<span class=\"_ _5\"/>nt en cons<span class=\"_ _5\"/>id\u00e9r<span class=\"_ _5\"/>ation l'inf<span class=\"_ _5\"/>lat<span class=\"_ _5\"/>ion \u00e0 long t<span class=\"_ _5\"/>erme p<span class=\"_ _5\"/>our l'Euro<span class=\"_ _5\"/>pe et</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les \u00c9t<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>-Uni<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 102px; height: 455px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 982px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 102px; height: 982px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 102px; height: 982px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n et les t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance p<span class=\"_ _5\"/>our les U<span class=\"_ _5\"/>GT avec u<span class=\"_ _5\"/>n goodw<span class=\"_ _5\"/>ill signi<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>atif so<span class=\"_ _5\"/>nt pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>s dans le t<span class=\"_ _5\"/>ableau s<span class=\"_ _5\"/>uivan<span class=\"_ _5\"/>t :  </div>\n<div class=\"t m0 x90 hc y925 ff7 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">TAU<span class=\"_ _5\"/>X D'A<span class=\"_ _5\"/>CT<span class=\"_ _5\"/>UA<span class=\"_ _5\"/>LI<span class=\"_ _5\"/>SAT<span class=\"_ _5\"/>IO<span class=\"_ _5\"/>N<span class=\"_ _225\"> </span><span class=\"ls0 ws0\">TAUX D<span class=\"_ _5\"/>E CRO<span class=\"_ _5\"/>ISS<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CE</span></div>\n<div class=\"t m0 x188 hc ybec ff7 fs7 fc0 sc0 lse ws10\" style=\"z-index: 15;\">2022<span class=\"_ _137\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _cb\"> </span></span>2022<span class=\"_ _cb\"> </span><span class=\"fc2 lsf ws11\">2021</span></div>\n<div class=\"t m0 x7 hd ybed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Be<span class=\"_ _5\"/>lgium L<span class=\"_ _5\"/>as<span class=\"_ _5\"/>t mile<span class=\"_ _e0\"> </span><span class=\"ls1d ws1f\">6,6%<span class=\"_ _d8\"> </span><span class=\"ls1a ws1c\">6,4%<span class=\"_ _bf\"> </span><span class=\"ls21 ws23\">1%<span class=\"_ _bf\"> </span>1%</span></span></span></div>\n<div class=\"t m0 x7 hd ybee ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Personalise<span class=\"_ _5\"/>d<span class=\"_ _d\"/> logistic<span class=\"_ _5\"/>s<span class=\"_ _226\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _bf\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _ca\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x7 hd ybef ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Europe<span class=\"_ _227\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _bf\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _ca\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x7 hd ybf0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s<span class=\"_ _228\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _bf\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _ca\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x7 hd ybf1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cro<span class=\"_ _5\"/>ss \u2013 bo<span class=\"_ _5\"/>rde<span class=\"_ _5\"/>r<span class=\"_ _229\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _20e\"> </span><span class=\"ls21 ws23\">1%<span class=\"_ _20e\"> </span>1%</span></span></span></div>\n<div class=\"t m0 x7 hd ybf2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">E-Logistic<span class=\"_ _5\"/>s North  Ame<span class=\"_ _5\"/>rica<span class=\"_ _1de\"> </span><span class=\"ls17 ws19\">9,9%<span class=\"_ _d8\"> </span><span class=\"ls1a ws1c\">8<span class=\"_ _5\"/>,4%<span class=\"_ _ca\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _d1\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>est<span class=\"_ _5\"/>s de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeur e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9<span class=\"_ _5\"/>s au nivea<span class=\"_ _5\"/>u des UG<span class=\"_ _5\"/>T n'<span class=\"_ _d\"/>ont pa<span class=\"_ _5\"/>s condui<span class=\"_ _5\"/>t \u00e0 une r\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ion de v<span class=\"_ _5\"/>aleur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs<span class=\"_ _5\"/>, \u00e9ta<span class=\"_ _5\"/>nt donn<span class=\"_ _5\"/>\u00e9 que les</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>urs re<span class=\"_ _5\"/>couv<span class=\"_ _5\"/>rable<span class=\"_ _5\"/>s des (<span class=\"_ _5\"/>group<span class=\"_ _5\"/>es d') UG<span class=\"_ _5\"/>T \u00e9ta<span class=\"_ _5\"/>ient se<span class=\"_ _5\"/>nsible<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>up\u00e9r<span class=\"_ _5\"/>ieure<span class=\"_ _5\"/>s \u00e0 leur<span class=\"_ _5\"/>s valeu<span class=\"_ _5\"/>rs comp<span class=\"_ _5\"/>table<span class=\"_ _5\"/>s. Plu<span class=\"_ _5\"/>s pr\u00e9ci<span class=\"_ _5\"/>s\u00e9m<span class=\"_ _5\"/>ent, la d<span class=\"_ _5\"/>iff\u00e9re<span class=\"_ _5\"/>nce ent<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la val<span class=\"_ _5\"/>eur comp<span class=\"_ _5\"/>table d<span class=\"_ _5\"/>es UGT e<span class=\"_ _5\"/>t leur va<span class=\"_ _5\"/>leur d'util<span class=\"_ _5\"/>it\u00e9 (hea<span class=\"_ _5\"/>droom) re<span class=\"_ _5\"/>pr\u00e9s<span class=\"_ _5\"/>ente dan<span class=\"_ _5\"/>s tous les c<span class=\"_ _5\"/>as au m<span class=\"_ _5\"/>oins plus d<span class=\"_ _5\"/>e 100<span class=\"_ _5\"/>% de leur v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ain<span class=\"_ _5\"/>si, un cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nt rais<span class=\"_ _5\"/>onnab<span class=\"_ _5\"/>le dans une h<span class=\"_ _5\"/>ypot<span class=\"_ _5\"/>h\u00e8se c<span class=\"_ _5\"/>l\u00e9 sur laq<span class=\"_ _5\"/>uelle la v<span class=\"_ _5\"/>aleur re<span class=\"_ _5\"/>couv<span class=\"_ _5\"/>rable d<span class=\"_ _5\"/>es UGT e<span class=\"_ _5\"/>st ba<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>, n<span class=\"_ _d\"/>'ent<span class=\"_ _5\"/>ra\u00eene<span class=\"_ _5\"/>rait p<span class=\"_ _5\"/>as de pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur pour l<span class=\"_ _5\"/>es UGT co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>n\u00e9es<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A cet \u00e9g<span class=\"_ _5\"/>ard, p<span class=\"_ _5\"/>our E-L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica et B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>um Las<span class=\"_ _5\"/>t Mile qui s<span class=\"_ _5\"/>ont 2 UGT a<span class=\"_ _5\"/>vec un goo<span class=\"_ _5\"/>dwill s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if et qui re<span class=\"_ _5\"/>pr\u00e9s<span class=\"_ _5\"/>enten<span class=\"_ _5\"/>t 92% du</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant tot<span class=\"_ _5\"/>al du goo<span class=\"_ _5\"/>dwill<span class=\"_ _5\"/>, l'<span class=\"_ _d\"/>anal<span class=\"_ _5\"/>yse de s<span class=\"_ _5\"/>ensi<span class=\"_ _5\"/>bilit\u00e9 la p<span class=\"_ _5\"/>lus d\u00e9f<span class=\"_ _5\"/>avora<span class=\"_ _5\"/>ble ci \u2013 de<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>us condu<span class=\"_ _5\"/>it encor<span class=\"_ _5\"/>e \u00e0 une marg<span class=\"_ _5\"/>e suff<span class=\"_ _5\"/>isan<span class=\"_ _5\"/>te. La s<span class=\"_ _5\"/>ensibi<span class=\"_ _5\"/>lit\u00e9 de la</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur reco<span class=\"_ _5\"/>uvr<span class=\"_ _5\"/>able aux c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de l'hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>se cl\u00e9, du t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance \u00e0 l<span class=\"_ _5\"/>ong ter<span class=\"_ _5\"/>me et du t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n est p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt\u00e9e da<span class=\"_ _5\"/>ns le</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tab<span class=\"_ _5\"/>leau sui<span class=\"_ _5\"/>vant :</div>\n<div class=\"t m0 x189 hc ybf3 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">E-LOGISTICS NORTH AMERICA<span class=\"_ _d3\"> </span><span class=\"ff5\">BELGIUM<span class=\"_ _d\"/> L<span class=\"_ _5\"/>AST MILE</span></div>\n<div class=\"t m0 x7 hd ybf4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>ilit\u00e9 au t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>e croi<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e  \u2013 1,0<span class=\"_ _5\"/>%<span class=\"_ _22a\"> </span><span class=\"ls1a ws1c\">-8<span class=\"_ _5\"/>,4%<span class=\"_ _10b\"> </span><span class=\"ls31 ws33\">-1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd ybf5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>ilit\u00e9 au t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>e croi<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e +<span class=\"_ _1\"/>1<span class=\"_ _5\"/>,0%<span class=\"_ _155\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>8%<span class=\"_ _1d6\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>9%</span></span></div>\n<div class=\"t m0 x7 hd ybf6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>ilit\u00e9 au t<span class=\"_ _5\"/>aux d'a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n  \u2013 0,5<span class=\"_ _5\"/>%<span class=\"_ _22b\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%<span class=\"_ _1f5\"> </span><span class=\"ls1b ws1d\">9,7<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd ybf7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Sensibilit\u00e9 au taux d'<span class=\"_ _d\"/>actualisation +<span class=\"_ _5\"/>0,5%<span class=\"_ _22c\"> </span><span class=\"ls25 ws27\">-6,<span class=\"_ _5\"/>2%<span class=\"_ _1e8\"> </span><span class=\"ls21 ws23\">-<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>1%</span></span></div>\n<div class=\"t m0 x7 hd ybf8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>iliti<span class=\"_ _5\"/>\u00e9\u00e0 la mar<span class=\"_ _5\"/>ge sur EB<span class=\"_ _5\"/>ITDA  \u2013 1,<span class=\"_ _5\"/>0 %<span class=\"_ _22d\"> </span><span class=\"ls31 ws33\">-1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,1%<span class=\"_ _111\"> </span>-1<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x7 hd ybf9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>iliti<span class=\"_ _5\"/>\u00e9\u00e0 la mar<span class=\"_ _5\"/>ge sur EB<span class=\"_ _5\"/>ITDA +1,0 %<span class=\"_ _22e\"> </span><span class=\"ls21 ws23\">1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,1%<span class=\"_ _1fd\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>2%</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 556px; height: 526px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 556px; height: 526px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 556px; height: 526px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div class=\"t m0 x5 h1a y53 ffc fs11 fc2 sc0 ls3d ws73\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>20 <span class=\"_ _4\"> </span>Par<span class=\"_ _2\"/>ticipatio<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, bpo<span class=\"_ _5\"/>st a pr<span class=\"_ _5\"/>is une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>icipat<span class=\"_ _5\"/>ion min<span class=\"_ _5\"/>orit<span class=\"_ _5\"/>aire (5% de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tions p<span class=\"_ _5\"/>our 0,1 mEU<span class=\"_ _5\"/>R) dans b2bo<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, une so<span class=\"_ _5\"/>ci\u00e9t\u00e9 b<span class=\"_ _5\"/>elge s<span class=\"_ _5\"/>p\u00e9cia<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>e dans la num<span class=\"_ _5\"/>\u00e9-</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ris<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des pr<span class=\"_ _5\"/>oces<span class=\"_ _5\"/>sus de d<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>es B2B. L<span class=\"_ _5\"/>a conven<span class=\"_ _5\"/>tion d'acha<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns et d'ac<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>aires p<span class=\"_ _5\"/>r\u00e9voit e<span class=\"_ _5\"/>n outr<span class=\"_ _5\"/>e pour bp<span class=\"_ _5\"/>ost l'opt<span class=\"_ _5\"/>ion d'ach<span class=\"_ _5\"/>eter le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">95% d'ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s res<span class=\"_ _5\"/>tante<span class=\"_ _5\"/>s par le bia<span class=\"_ _5\"/>is d'une opt<span class=\"_ _5\"/>ion d'achat o<span class=\"_ _5\"/>u de reve<span class=\"_ _5\"/>ndre le<span class=\"_ _5\"/>s 5% d'act<span class=\"_ _5\"/>ions par l<span class=\"_ _5\"/>e biais d'une o<span class=\"_ _5\"/>ption d<span class=\"_ _5\"/>e vente. En s'as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>iant \u00e0</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">b2bo<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t r\u00e9p<span class=\"_ _5\"/>ond \u00e0 la de<span class=\"_ _5\"/>mande c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sante d<span class=\"_ _5\"/>u march\u00e9 e<span class=\"_ _5\"/>n mati\u00e8<span class=\"_ _5\"/>re d'\u00e9chang<span class=\"_ _5\"/>e de donn<span class=\"_ _5\"/>\u00e9es nu<span class=\"_ _5\"/>m\u00e9ri<span class=\"_ _5\"/>ques e<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>au<span class=\"_ _5\"/>tomatis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des pr<span class=\"_ _5\"/>oces<span class=\"_ _5\"/>sus<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">b2bo<span class=\"_ _5\"/>ost a cr<span class=\"_ _5\"/>\u00e9\u00e9 une pl<span class=\"_ _5\"/>ate \u2013 for<span class=\"_ _5\"/>me qui off<span class=\"_ _5\"/>re une s<span class=\"_ _5\"/>olutio<span class=\"_ _5\"/>n compl\u00e8<span class=\"_ _5\"/>te pour la n<span class=\"_ _5\"/>um\u00e9r<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s fac<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>s et l'automat<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on des m<span class=\"_ _5\"/>es<span class=\"_ _5\"/>sages d<span class=\"_ _5\"/>e la</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cha\u00ee<span class=\"_ _5\"/>ne logis<span class=\"_ _5\"/>tiqu<span class=\"_ _5\"/>e (et autr<span class=\"_ _5\"/>es proto<span class=\"_ _5\"/>coles), confo<span class=\"_ _5\"/>rm\u00e9m<span class=\"_ _5\"/>ent \u00e0 la l\u00e9<span class=\"_ _5\"/>gislat<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st a ch<span class=\"_ _5\"/>oisi de cl<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>er<span class=\"_ _d\"/>, lor<span class=\"_ _5\"/>s de la com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion init<span class=\"_ _5\"/>iale, ces a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions dan<span class=\"_ _5\"/>s les ca<span class=\"_ _5\"/>pitau<span class=\"_ _5\"/>x prop<span class=\"_ _5\"/>res \u00e0 la ju<span class=\"_ _5\"/>ste val<span class=\"_ _5\"/>eur par le b<span class=\"_ _5\"/>iais de<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal<span class=\"_ _5\"/>, car elle<span class=\"_ _5\"/>s ne so<span class=\"_ _5\"/>nt pas d\u00e9<span class=\"_ _5\"/>tenue<span class=\"_ _5\"/>s \u00e0 des f<span class=\"_ _5\"/>ins de t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tion ma<span class=\"_ _5\"/>is acquis<span class=\"_ _5\"/>es dan<span class=\"_ _5\"/>s une pe<span class=\"_ _5\"/>rsp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tive s<span class=\"_ _5\"/>trat\u00e9<span class=\"_ _5\"/>gique \u00e0</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">long<span class=\"_ _d\"/> terme.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 312px; height: 185px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div class=\"t m0 x5 h1a y60 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.21 <span class=\"_ _4\"> </span>Par<span class=\"_ _5\"/>ti<span class=\"_ _d\"/>cipa<span class=\"_ _d\"/>tions d<span class=\"_ _d\"/>ans des en<span class=\"_ _d\"/>treprises associ\u00e9es et c<span class=\"_ _1\"/>o<span class=\"_ _5\"/>-<span class=\"_ _5\"/>ent<span class=\"_ _d\"/>reprises</div>\n<div class=\"t m0 x7 hc ybfa ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hf ybfb ff5 fsa fc3 sc0 ls73 ws87\" style=\"z-index: 15;\">BALANCE<span class=\"_ _d\"/> <span class=\"ff7 ls0 ws0\">AU 1</span></div>\n<div class=\"t m0 x14 h22 ybfc ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x63 hf ybfb ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER</div>\n<div class=\"t m0 x56 h1b ybfd ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _18a\"> </span>0,1</div>\n<div class=\"t m0 x7 hd ybfe ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Qu<span class=\"_ _5\"/>ote \u2013 par<span class=\"_ _5\"/>t de<span class=\"_ _5\"/>s r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s<span class=\"_ _12a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _23\"> </span></span>(0,0)</div>\n<div class=\"t m0 x7 hf ybff ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 31 DECEMBRE</div>\n<div class=\"t m0 x56 h1b yc00 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,1<span class=\"_ _18a\"> </span>0,0</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ticipa<span class=\"_ _5\"/>tion dan<span class=\"_ _5\"/>s les en<span class=\"_ _5\"/>trepr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>es et l<span class=\"_ _5\"/>es coen<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise<span class=\"_ _5\"/>s conce<span class=\"_ _5\"/>rne la co<span class=\"_ _5\"/>entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e Jof<span class=\"_ _5\"/>ico C<span class=\"_ _5\"/>V<span class=\"_ _1\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 117px; height: 155px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 117px; height: 965px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.2<span class=\"_ _5\"/>2 <span class=\"_ _38\"/>Cr\u00e9anc<span class=\"_ _1\"/>es commerc<span class=\"_ _d\"/>ial<span class=\"_ _d\"/>es et autres c<span class=\"_ _d\"/>r\u00e9anc<span class=\"_ _d\"/>es</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s  \u2013  act<span class=\"_ _5\"/>ifs r<span class=\"_ _5\"/>econ<span class=\"_ _5\"/>nus po<span class=\"_ _5\"/>ur obte<span class=\"_ _5\"/>nir ou e<span class=\"_ _5\"/>x\u00e9c<span class=\"_ _5\"/>uter un co<span class=\"_ _5\"/>ntr<span class=\"_ _5\"/>at<span class=\"_ _22f\"> </span><span class=\"ls2e ws30\">8,9<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">4<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cr\u00e9<span class=\"_ _5\"/>ance p<span class=\"_ _5\"/>our la ve<span class=\"_ _5\"/>nte de f<span class=\"_ _5\"/>ilial<span class=\"_ _5\"/>es de Ub<span class=\"_ _5\"/>iway Re<span class=\"_ _5\"/>tail<span class=\"_ _51\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd yc01 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cr\u00e9<span class=\"_ _5\"/>ance p<span class=\"_ _5\"/>our la ve<span class=\"_ _5\"/>nte de f<span class=\"_ _5\"/>ilial<span class=\"_ _5\"/>es de Th<span class=\"_ _5\"/>e Mail G<span class=\"_ _5\"/>roup<span class=\"_ _1dd\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _13e\"> </span><span class=\"ls42 ws4c\">2,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd yc02 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Gar<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>ies \u00e0 lo<span class=\"_ _5\"/>ng \u2013 ter<span class=\"_ _5\"/>me<span class=\"_ _230\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3<span class=\"_ _1d1\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>7</span></span></div>\n<div class=\"t m0 x7 hd yc03 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>us \u2013 loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns<span class=\"_ _1e1\"> </span><span class=\"ls28 ws2a\">5<span class=\"_ _5\"/>,6<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">4,8</span></span></div>\n<div class=\"t m0 x7 hd y751 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres cr\u00e9ances<span class=\"_ _231\"> </span><span class=\"ls1d ws1f\">6,2<span class=\"_ _1e0\"> </span><span class=\"ls14 ws16\">4,4</span></span></div>\n<div class=\"t m0 x7 hf yc04 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES CR\u00c9ANCES NON COURANTES</div>\n<div class=\"t m0 x170 h1b yc05 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">33,0<span class=\"_ _1f5\"> </span>2<span class=\"_ _5\"/>3,9</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 5 ao<span class=\"_ _5\"/>\u00fbt 2021, b<span class=\"_ _5\"/>post US H<span class=\"_ _5\"/>olding<span class=\"_ _5\"/>s a sign\u00e9 u<span class=\"_ _5\"/>n accord ave<span class=\"_ _5\"/>c Arch<span class=\"_ _5\"/>itec<span class=\"_ _5\"/>t Equit<span class=\"_ _5\"/>y po<span class=\"_ _5\"/>ur la vente de T<span class=\"_ _5\"/>he Mail G<span class=\"_ _5\"/>roup (IME<span class=\"_ _5\"/>X Glob<span class=\"_ _5\"/>al Sol<span class=\"_ _5\"/>ution<span class=\"_ _5\"/>s LLC, M.<span class=\"_ _5\"/>A<span class=\"_ _5\"/>.I<span class=\"_ _5\"/>.L<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Inc e<span class=\"_ _5\"/>t Mail Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices I<span class=\"_ _5\"/>nc.). Dans l<span class=\"_ _5\"/>e cadre d<span class=\"_ _5\"/>e la tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n, bp<span class=\"_ _5\"/>ost US Ho<span class=\"_ _5\"/>ldings a \u00e9<span class=\"_ _5\"/>mis une n<span class=\"_ _5\"/>ote de vente s<span class=\"_ _5\"/>ubord<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>e (\u201csubo<span class=\"_ _5\"/>rdinate<span class=\"_ _5\"/>d selle<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">note\u201d<span class=\"_ _5\"/>) \u00e0 Mail Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices I<span class=\"_ _5\"/>nc, p<span class=\"_ _5\"/>our un mon<span class=\"_ _5\"/>tant de 2<span class=\"_ _5\"/>,5 mUS<span class=\"_ _5\"/>D. Une par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>u mont<span class=\"_ _5\"/>ant d\u00fb n'ayant pas \u00e9<span class=\"_ _5\"/>t\u00e9 remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>\u00e9e en 20<span class=\"_ _5\"/>22, la n<span class=\"_ _5\"/>ote de ven<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tota<span class=\"_ _5\"/>le de 2,<span class=\"_ _5\"/>5 mUSD a \u00e9t\u00e9 e<span class=\"_ _5\"/>nti\u00e8<span class=\"_ _5\"/>remen<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e en r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve<span class=\"_ _5\"/>s et aju<span class=\"_ _5\"/>st\u00e9e<span class=\"_ _5\"/>.</div>\n\n<div class=\"t m0 x7 hb ya ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y727 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc06 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales<span class=\"_ _126\"> </span><span class=\"ls1d ws1f\">656,9<span class=\"_ _130\"> </span><span class=\"ls90 wsa4\">614<span class=\"_ _5\"/>,4</span></span></div>\n<div class=\"t m0 x7 hd yc07 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Frais terminaux<span class=\"_ _232\"> </span><span class=\"ls90 wsa4\">214,<span class=\"_ _5\"/>0<span class=\"_ _233\"> </span><span class=\"ls2c ws2e\">215,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hd yc08 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts \u00e0 r<span class=\"_ _5\"/>\u00e9cup<span class=\"_ _5\"/>\u00e9re<span class=\"_ _5\"/>r<span class=\"_ _d\"/>, aut<span class=\"_ _5\"/>res q<span class=\"_ _5\"/>ue l'imp<span class=\"_ _5\"/>\u00f4t sur le r<span class=\"_ _5\"/>\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _234\"> </span><span class=\"ls28 ws2a\">6,6<span class=\"_ _1e0\"> </span><span class=\"ls14 ws16\">4,6</span></span></div>\n<div class=\"t m0 x7 hd yc09 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pr\u00ea<span class=\"_ _5\"/>ts \u00e0 d<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9s<span class=\"_ _235\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1de\"> </span><span class=\"ls7 ws8\">25,0</span></span></div>\n<div class=\"t m0 x7 hd yc0a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s  \u2013  act<span class=\"_ _5\"/>ifs r<span class=\"_ _5\"/>econ<span class=\"_ _5\"/>nus po<span class=\"_ _5\"/>ur obte<span class=\"_ _5\"/>nir ou e<span class=\"_ _5\"/>x\u00e9c<span class=\"_ _5\"/>uter un co<span class=\"_ _5\"/>ntr<span class=\"_ _5\"/>at<span class=\"_ _22f\"> </span><span class=\"ls26 ws28\">3,5<span class=\"_ _13e\"> </span>3,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yc0b ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres cr\u00e9ances<span class=\"_ _236\"> </span><span class=\"ls18 ws1a\">60,<span class=\"_ _5\"/>3<span class=\"_ _1de\"> </span><span class=\"ls17 ws19\">49,3</span></span></div>\n<div class=\"t m0 x7 hf yc0c ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES CR\u00c9ANCES COURANTES</div>\n<div class=\"t m0 x98 h1b yc0d ff7 fs8 fc3 sc0 ls4a ws54\" style=\"z-index: 15;\">941<span class=\"_ _5\"/>,3<span class=\"_ _1c9\"> </span><span class=\"ls86 ws50\">91<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>4</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 553px; height: 184px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x7 hb y51 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yc0e ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc0f ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Produit<span class=\"_ _5\"/>s acquis<span class=\"_ _237\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>2<span class=\"_ _1d1\"> </span><span class=\"ls2e ws30\">8,3</span></span></div>\n<div class=\"t m0 x7 hd yc10 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cha<span class=\"_ _5\"/>rges \u00e0 r<span class=\"_ _5\"/>epo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>er<span class=\"_ _235\"> </span><span class=\"lsbc ws51\">41,<span class=\"_ _5\"/>3<span class=\"_ _1de\"> </span><span class=\"ls1d ws1f\">36,8</span></span></div>\n<div class=\"t m0 x7 hd yc11 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres cr\u00e9ances<span class=\"_ _236\"> </span><span class=\"ls43 ws4d\">11<span class=\"_ _5\"/>,8<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hf yc12 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AUTRES CR\u00c9ANCES C<span class=\"_ _d\"/>OURANTES</div>\n<div class=\"t m0 x170 h1b yc13 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">60,<span class=\"_ _5\"/>3<span class=\"_ _1f5\"> </span><span class=\"lsbb wsd8\">4<span class=\"_ _5\"/>9,3</span></div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s et aut<span class=\"_ _5\"/>res cr\u00e9<span class=\"_ _5\"/>ances co<span class=\"_ _5\"/>urante<span class=\"_ _5\"/>s ont aug<span class=\"_ _5\"/>ment\u00e9 d<span class=\"_ _5\"/>e 28,<span class=\"_ _5\"/>9 mEUR po<span class=\"_ _5\"/>ur atte<span class=\"_ _5\"/>indre 9<span class=\"_ _5\"/>41,3 mEU<span class=\"_ _5\"/>R (2021 : 912,4 mEUR<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, pr<span class=\"_ _5\"/>in-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t en rais<span class=\"_ _5\"/>on de l'augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s cr\u00e9an<span class=\"_ _5\"/>ces comm<span class=\"_ _5\"/>ercial<span class=\"_ _5\"/>es de 42,<span class=\"_ _5\"/>5 mEUR e<span class=\"_ _5\"/>t par<span class=\"_ _5\"/>tiel<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t compe<span class=\"_ _5\"/>ns\u00e9e<span class=\"_ _5\"/>s par le re<span class=\"_ _5\"/>mbour<span class=\"_ _5\"/>se<span class=\"_ _5\"/>ment du</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00ea<span class=\"_ _5\"/>t par bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque (2<span class=\"_ _5\"/>5,0 mEUR) l<span class=\"_ _5\"/>e 3 janvie<span class=\"_ _5\"/>r 2022<span class=\"_ _5\"/>, confor<span class=\"_ _5\"/>m\u00e9me<span class=\"_ _5\"/>nt \u00e0 la f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n dans laq<span class=\"_ _5\"/>uelle B<span class=\"_ _5\"/>NPPF a acqui<span class=\"_ _5\"/>s les 50 %</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'act<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t dans bp<span class=\"_ _5\"/>ost b<span class=\"_ _5\"/>anque<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>scale<span class=\"_ _5\"/>s conce<span class=\"_ _5\"/>rnen<span class=\"_ _5\"/>t les mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s de T<span class=\"_ _5\"/>VA res<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>t \u00e0 perce<span class=\"_ _5\"/>voir<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s et aut<span class=\"_ _5\"/>res cr\u00e9<span class=\"_ _5\"/>ances s<span class=\"_ _5\"/>ont pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me. Les v<span class=\"_ _5\"/>aleur<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s sont con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>\u00e9es co<span class=\"_ _5\"/>mme une</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">app<span class=\"_ _5\"/>roximat<span class=\"_ _5\"/>ion ra<span class=\"_ _5\"/>isonn<span class=\"_ _5\"/>able de la j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur.</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En ter<span class=\"_ _5\"/>mes de g<span class=\"_ _5\"/>est<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s ris<span class=\"_ _5\"/>ques<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t appl<span class=\"_ _5\"/>ique une a<span class=\"_ _5\"/>ppro<span class=\"_ _5\"/>che simp<span class=\"_ _5\"/>lif<span class=\"_ _5\"/>i\u00e9e po<span class=\"_ _5\"/>ur le calc<span class=\"_ _5\"/>ul de l\u2019ECL li<span class=\"_ _5\"/>\u00e9 aux cr\u00e9<span class=\"_ _5\"/>ances co<span class=\"_ _5\"/>mmerc<span class=\"_ _5\"/>iales e<span class=\"_ _5\"/>t aux</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cr\u00e9a<span class=\"_ _5\"/>nces de f<span class=\"_ _5\"/>rais te<span class=\"_ _5\"/>rmina<span class=\"_ _5\"/>ux. P<span class=\"_ _5\"/>ar cons\u00e9<span class=\"_ _5\"/>quen<span class=\"_ _5\"/>t, bp<span class=\"_ _5\"/>ost com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise un<span class=\"_ _5\"/>e provis<span class=\"_ _5\"/>ion po<span class=\"_ _5\"/>ur per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s sur la bas<span class=\"_ _5\"/>e des ECL \u00e0 ch<span class=\"_ _5\"/>aque date d<span class=\"_ _5\"/>e repo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ting</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et a \u00e9<span class=\"_ _5\"/>tabli un<span class=\"_ _5\"/>e matr<span class=\"_ _5\"/>ice de pro<span class=\"_ _5\"/>visio<span class=\"_ _5\"/>n bas\u00e9<span class=\"_ _5\"/>e sur  so<span class=\"_ _5\"/>n histo<span class=\"_ _5\"/>rique e<span class=\"_ _5\"/>n mati\u00e8<span class=\"_ _5\"/>re de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit<span class=\"_ _5\"/>. La pro<span class=\"_ _5\"/>visio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes s'\u00e9l\u00e8ve \u00e0 2<span class=\"_ _5\"/>9,0 mEUR en</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2, cont<span class=\"_ _5\"/>re 22,<span class=\"_ _5\"/>0 mEUR en 202<span class=\"_ _5\"/>1. Voir la note 6<span class=\"_ _5\"/>.3<span class=\"_ _5\"/>0 Inst<span class=\"_ _5\"/>rum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s et ge<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>on des r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 162px; height: 920px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 162px; height: 920px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 162px; height: 920px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.2<span class=\"_ _5\"/>3 <span class=\"_ _38\"/>Stoc<span class=\"_ _d\"/>ks</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Mati\u00e8res premi\u00e8res<span class=\"_ _238\"> </span><span class=\"ls28 ws2a\">5,4<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>9</span></span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Produits f<span class=\"_ _5\"/>inis<span class=\"_ _239\"> </span><span class=\"ls26 ws28\">3,9<span class=\"_ _13e\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>2</span></span></div>\n<div class=\"t m0 x7 hd yc01 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mar<span class=\"_ _5\"/>chan<span class=\"_ _5\"/>dise<span class=\"_ _5\"/>s ache<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>s et d\u00e9<span class=\"_ _5\"/>tenu<span class=\"_ _5\"/>es po<span class=\"_ _5\"/>ur la rev<span class=\"_ _5\"/>ente<span class=\"_ _234\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>3<span class=\"_ _1de\"> </span><span class=\"ls43 ws4d\">11,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd yc02 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _14d\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>1)<span class=\"_ _23\"> </span><span class=\"ls0 ws0\">(0,9)</span></span></div>\n<div class=\"t m0 x7 hf yc14 ff5 fsa fc3 sc0 lse9 ws105\" style=\"z-index: 15;\">STOCKS</div>\n<div class=\"t m0 x170 h1b yc15 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">24,5<span class=\"_ _23\"> </span><span class=\"lsd4 wsf5\">20,7</span></div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>tock<span class=\"_ _5\"/>s ont a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>t\u00e9 de 3,<span class=\"_ _5\"/>8 mEUR pri<span class=\"_ _5\"/>ncipale<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de l'int\u00e9<span class=\"_ _5\"/>grat<span class=\"_ _5\"/>ion d'<span class=\"_ _d\"/>Al<span class=\"_ _5\"/>dipre<span class=\"_ _5\"/>ss, p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tiell<span class=\"_ _5\"/>ement co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>s\u00e9e pa<span class=\"_ _5\"/>r une dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sto<span class=\"_ _5\"/>ck d'unifo<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s de fac<span class=\"_ _5\"/>teur<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>ati\u00e8r<span class=\"_ _5\"/>es pre<span class=\"_ _5\"/>mi\u00e8re<span class=\"_ _5\"/>s compr<span class=\"_ _5\"/>ennen<span class=\"_ _5\"/>t les cons<span class=\"_ _5\"/>ommab<span class=\"_ _5\"/>les<span class=\"_ _5\"/>, c'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire le<span class=\"_ _5\"/>s mat\u00e9r<span class=\"_ _5\"/>iaux ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s pour l'im<span class=\"_ _5\"/>pres<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>. Les pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inis so<span class=\"_ _5\"/>nt les</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">timb<span class=\"_ _5\"/>res di<span class=\"_ _5\"/>sponi<span class=\"_ _5\"/>bles \u00e0 la ve<span class=\"_ _5\"/>nte. Le<span class=\"_ _5\"/>s marcha<span class=\"_ _5\"/>ndise<span class=\"_ _5\"/>s ache<span class=\"_ _5\"/>t\u00e9es p<span class=\"_ _5\"/>our la re<span class=\"_ _5\"/>vente com<span class=\"_ _5\"/>prenn<span class=\"_ _5\"/>ent pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nt les ca<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es pos<span class=\"_ _5\"/>tale<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s four<span class=\"_ _5\"/>niture<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r la reven<span class=\"_ _5\"/>te et le s<span class=\"_ _5\"/>tock de di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion de la pr<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 777px; height: 305px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div class=\"t m0 x5 h1a ya ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.24 <span class=\"_ _4\"> </span>T<span class=\"_ _3b\"/>r\u00e9sorerie et \u00e9quiv<span class=\"_ _d\"/>alents de tr\u00e9sorerie</div>\n\n<div class=\"t m0 x7 hb y92 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre<span class=\"_ _237\"> </span><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hc yc16 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc17 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie d<span class=\"_ _5\"/>es bu<span class=\"_ _5\"/>reau<span class=\"_ _5\"/>x de Pos<span class=\"_ _5\"/>te<span class=\"_ _113\"> </span><span class=\"ls90 wsa4\">14<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>9<span class=\"_ _130\"> </span>149,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t m0 x7 hd yc18 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Comptes de transit<span class=\"_ _23a\"> </span><span class=\"ls7 ws8\">65,8<span class=\"_ _1de\"> </span><span class=\"ls14 ws16\">44,<span class=\"_ _5\"/>9</span></span></div>\n<div class=\"t m0 x7 hd yc19 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons de p<span class=\"_ _5\"/>aiem<span class=\"_ _5\"/>ent en e<span class=\"_ _5\"/>x\u00e9c<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n<span class=\"_ _23b\"> </span><span class=\"ls17 ws19\">(24,0)<span class=\"_ _134\"> </span><span class=\"ls22 ws24\">(2<span class=\"_ _5\"/>8,4)</span></span></div>\n<div class=\"t m0 x7 hd yc1a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Comptes courants bancaires<span class=\"_ _15\"> </span><span class=\"ls18 ws1a\">6<span class=\"_ _5\"/>80,6<span class=\"_ _233\"> </span><span class=\"ls20 ws22\">578<span class=\"_ _5\"/>,6</span></span></div>\n<div class=\"t m0 x7 hd yc1b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9<span class=\"_ _5\"/>p\u00f4t<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t te<span class=\"_ _5\"/>rme<span class=\"_ _23c\"> </span><span class=\"ls1b ws1d\">18<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7<span class=\"_ _130\"> </span><span class=\"ls22 ws24\">162<span class=\"_ _5\"/>,6</span></span></div>\n<div class=\"t m0 x7 hf yc1c ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TR\u00c9SORERIE ET EQUIVALENT<span class=\"_ _d\"/>S DE TR\u00c9SORERIE</div>\n<div class=\"t m0 x27 h1b yc1d ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">1.<span class=\"_ _5\"/>051,0<span class=\"_ _1e8\"> </span><span class=\"lsd2 wsf2\">9<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 528px; height: 164px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie et les \u00e9<span class=\"_ _5\"/>quiv<span class=\"_ _5\"/>alent<span class=\"_ _5\"/>s de tr<span class=\"_ _5\"/>\u00e9sor<span class=\"_ _5\"/>erie o<span class=\"_ _5\"/>nt augm<span class=\"_ _5\"/>ent\u00e9 de 143<span class=\"_ _5\"/>,5 mEUR<span class=\"_ _5\"/>, cet<span class=\"_ _5\"/>te aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation \u00e9<span class=\"_ _5\"/>tant du<span class=\"_ _5\"/>e \u00e0 l'<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>r\u00e9e n<span class=\"_ _5\"/>ette d<span class=\"_ _5\"/>e tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie pr<span class=\"_ _5\"/>ove-</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nant d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s d'exp<span class=\"_ _5\"/>loita<span class=\"_ _5\"/>tion (422<span class=\"_ _5\"/>,4 mEUR). Cet<span class=\"_ _5\"/>te aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation a \u00e9<span class=\"_ _5\"/>t\u00e9 compe<span class=\"_ _5\"/>ns\u00e9<span class=\"_ _5\"/>e par les s<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>tes de t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s d'inves<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent (19,<span class=\"_ _5\"/>2 mEUR), la vente d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e ayant pr<span class=\"_ _5\"/>esqu<span class=\"_ _5\"/>e compe<span class=\"_ _5\"/>ns\u00e9 le<span class=\"_ _5\"/>s d\u00e9pe<span class=\"_ _5\"/>nse<span class=\"_ _5\"/>s en cap<span class=\"_ _5\"/>ital<span class=\"_ _5\"/>, et par le<span class=\"_ _5\"/>s sor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>es net<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s d'inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment (26<span class=\"_ _5\"/>2,1 mEUR), no<span class=\"_ _5\"/>tamme<span class=\"_ _5\"/>nt en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>u paiem<span class=\"_ _5\"/>ent de di<span class=\"_ _5\"/>viden<span class=\"_ _5\"/>des e<span class=\"_ _5\"/>n 2022 (98<span class=\"_ _5\"/>,5 m<span class=\"_ _5\"/>EUR).  </div>\n\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les d<span class=\"_ _5\"/>\u00e9p\u00f4t<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t te<span class=\"_ _5\"/>rme s<span class=\"_ _5\"/>ont cons<span class=\"_ _5\"/>titu<span class=\"_ _5\"/>\u00e9s de com<span class=\"_ _5\"/>ptes de d<span class=\"_ _5\"/>\u00e9p\u00f4t e<span class=\"_ _5\"/>t de d\u00e9p<span class=\"_ _5\"/>\u00f4ts \u00e0 te<span class=\"_ _5\"/>rme e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9<span class=\"_ _5\"/>s princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par bpost SA/NV a<span class=\"_ _5\"/>upr\u00e8s d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>s banqu<span class=\"_ _5\"/>es. C<span class=\"_ _5\"/>es inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s du mon<span class=\"_ _5\"/>tant tot<span class=\"_ _5\"/>al de cha<span class=\"_ _5\"/>que cont<span class=\"_ _5\"/>rat \u00e0 ter<span class=\"_ _5\"/>me pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre re<span class=\"_ _5\"/>tir\u00e9<span class=\"_ _5\"/>s en moin<span class=\"_ _5\"/>s de 3 mois p<span class=\"_ _5\"/>ar une not<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">for<span class=\"_ _5\"/>melle \u00e0 l<span class=\"_ _5\"/>a banqu<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 372px; height: 50px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 note<span class=\"_ _5\"/>r \u00e9gale<span class=\"_ _5\"/>ment qu<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t a deu<span class=\"_ _5\"/>x ligne<span class=\"_ _5\"/>s de cr\u00e9<span class=\"_ _5\"/>dit non ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es po<span class=\"_ _5\"/>ur un mon<span class=\"_ _5\"/>tant tot<span class=\"_ _5\"/>al de 375,<span class=\"_ _5\"/>0 mEUR, vo<span class=\"_ _5\"/>ir note 6.<span class=\"_ _5\"/>32 \u201cD<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s et eng<span class=\"_ _5\"/>age<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>ts h<span class=\"_ _5\"/>ors bil<span class=\"_ _5\"/>an\u201d<span class=\"_ _1\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 327px; height: 410px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 327px; height: 410px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 327px; height: 755px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.2<span class=\"_ _5\"/>5 <span class=\"_ _38\"/>Pr\u00eats et emprunts por<span class=\"_ _5\"/>tant in<span class=\"_ _d\"/>t\u00e9r\u00eats</div>\n<div class=\"t m0 x5 hb y81 ff7 fs6 fc3 sc0 lsea wsf0\" style=\"z-index: 15;\">2021</div>\n<div class=\"t m0 x94 hc yc1e ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">VARIATION<span class=\"_ _d\"/> HORS TR\u00c9SORERIE</div>\n<div class=\"t m0 x7 hc yc1f ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _b6\"> </span><span class=\"ff7 fc0 ls10 ws12\">2020</span></div>\n<div class=\"t m0 x7d hc yc20 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">VARIA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x18a hc yc21 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ON DE</div>\n<div class=\"t m0 x33 hc yc22 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TR\u00c9SO<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x2e hc yc23 ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">RERIE</div>\n<div class=\"t m0 xc1 hc yc24 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>T DE</div>\n<div class=\"t m0 x18b hc yc25 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVER<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x44 hc yc26 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">SION<span class=\"_ _78\"> </span><span class=\"lseb ws10c\">ACQUISITION</span></div>\n<div class=\"t m0 x3 hc yc25 ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">MODIFI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x172 hc yc26 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON<span class=\"_ _78\"> </span><span class=\"lse7 ws3d\">CESSION</span></div>\n<div class=\"t m0 x17a hc yc27 ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">CESSI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x152 hc yc28 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x9 hc yc29 ff5 fs7 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">REGRO<span class=\"_ _5\"/>UPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x9 hc yc2a ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENT D'<span class=\"_ _d\"/>EN<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x150 hc yc2b ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">TREPRISES</div>\n<div class=\"t m0 x17d hc yc2a ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>ANS<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x11b hc yc2b ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">FERT</div>\n<div class=\"t m0 x121 hc yc2c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NSFE<span class=\"_ _5\"/>RT V<span class=\"_ _5\"/>ERS</div>\n<div class=\"t m0 x18c hc yc2d ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">ACTIFS CLASSIFI\u00c9S</div>\n<div class=\"t m0 x104 hc yc2e ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME D\u00c9TEN<span class=\"_ _d\"/>US EN</div>\n<div class=\"t m0 x104 hc yc2f ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VU<span class=\"_ _5\"/>E DE L<span class=\"_ _5\"/>A VE<span class=\"_ _5\"/>NTE O<span class=\"_ _5\"/>U</div>\n<div class=\"t m0 x103 hc yc30 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME I<span class=\"_ _d\"/>MMEUBLE DE<span class=\"_ _d\"/> <span class=\"_ _5\"/></div>\n<div class=\"t m0 x3e hc yc31 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">PLACEMENT<span class=\"_ _d9\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _8d\"> </span><span class=\"ff7 fc0 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc32 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _64\"> </span><span class=\"lsba wsda\">159<span class=\"_ _d\"/>,9 <span class=\"_ _ab\"> </span><span class=\"ls0 ws0\">0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>1<span class=\"_ _5\"/>2,6 <span class=\"_ _b0\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _b0\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span><span class=\"ls90 wsa4\">(9,<span class=\"_ _5\"/>1)<span class=\"_ _2a\"> </span></span>0,0 <span class=\"_ _1c7\"> </span>(0,0)<span class=\"_ _df\"> </span><span class=\"ls22 ws24\">163<span class=\"_ _5\"/>,3 </span></span></span></div>\n<div class=\"t m0 x7 hd yc33 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _13f\"> </span><span class=\"ls1b ws1d\">64<span class=\"_ _5\"/>3,7<span class=\"_ _5\"/> <span class=\"_ _e3\"> </span></span>0,0 <span class=\"_ _72\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>1,1 <span class=\"_ _da\"> </span>6<span class=\"_ _5\"/>4<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>8</div>\n<div class=\"t m0 x7 hd yc34 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _83\"> </span><span class=\"ls0 ws0\">0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _ab\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _201\"> </span></span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _205\"> </span>0,1 <span class=\"_ _72\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hd yc35 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013</div>\n<div class=\"t m0 x7 hd yc36 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">financement</div>\n<div class=\"t m0 x13a hd yc35 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">361,<span class=\"_ _5\"/>5 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _92\"> </span>9,<span class=\"_ _5\"/>0 <span class=\"_ _72\"> </span>1<span class=\"_ _5\"/>55,<span class=\"_ _5\"/>6 <span class=\"_ _1c7\"> </span><span class=\"ls1d ws1f\">66,<span class=\"_ _5\"/>2<span class=\"_ _85\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,0)<span class=\"_ _4c\"> </span><span class=\"ls22 ws24\">(3,<span class=\"_ _5\"/>3)<span class=\"_ _8b\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>1<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)<span class=\"_ _2c\"> </span></span></span>(12<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)<span class=\"_ _76\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/> <span class=\"_ _14a\"> </span><span class=\"ls3b ws43\">453,1 </span></span></span></span></div>\n<div class=\"t m0 x7 hf yc37 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">EMPRUNTS NON C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x7 hf yc38 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">PORT<span class=\"_ _d\"/>ANT INTERETS</div>\n<div class=\"t m0 x11 h1b yc39 ff7 fs8 fc3 sc0 lsd9 ws58\" style=\"z-index: 15;\">1.<span class=\"_ _5\"/>165,0 <span class=\"_ _e1\"> </span><span class=\"ls0 ws0\">0,<span class=\"_ _5\"/>0 <span class=\"_ _86\"> </span>2<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>5 <span class=\"_ _69\"> </span>15<span class=\"_ _5\"/>5,6 <span class=\"_ _e5\"> </span><span class=\"ls2e ws30\">66,2<span class=\"_ _db\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>0)<span class=\"_ _97\"> </span><span class=\"lse8 ws10b\">(3,<span class=\"_ _5\"/>2)<span class=\"_ _db\"> </span></span>(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>9)<span class=\"_ _11c\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _1\"/>12,1)<span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">8,<span class=\"_ _5\"/>1 <span class=\"_ _3e\"> </span><span class=\"ls45 ws4a\">1.<span class=\"_ _5\"/>261,<span class=\"_ _5\"/>2</span></span></span></span></span></span></div>\n<div class=\"t m0 xcf hc yc3a ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">VARIATION<span class=\"_ _d\"/> HORS TR\u00c9SORERIE</div>\n<div class=\"t m0 x7 hc yc3b ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _7a\"> </span><span class=\"ff7 fc0 ls10 ws12\">2020</span></div>\n<div class=\"t m0 x163 hc yc3c ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">VARIA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x7d hc yc3d ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ON DE</div>\n<div class=\"t m0 x11e hc yc3e ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TR\u00c9SO<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd hc yc3f ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">RERIE</div>\n<div class=\"t m0 x45 hc yc40 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>T DE</div>\n<div class=\"t m0 xb6 hc yc41 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVER<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x2b hc yc42 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">SION<span class=\"_ _78\"> </span><span class=\"lseb ws10c\">ACQUISITION</span></div>\n<div class=\"t m0 xcd hc yc41 ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">MODIFI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x115 hc yc42 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON<span class=\"_ _78\"> </span><span class=\"lse7 ws3d\">CESSION</span></div>\n<div class=\"t m0 xd0 hc yc43 ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">CESSI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x17a hc yc44 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x150 hc yc45 ff5 fs7 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">REGRO<span class=\"_ _5\"/>UPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x150 hc yc46 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENT D'<span class=\"_ _d\"/>EN<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 xb hc yc47 ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">TREPRISES</div>\n<div class=\"t m0 x10a hc yc46 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>ANS<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xee hc yc47 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">FERT</div>\n<div class=\"t m0 xa2 hc yc48 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NSFE<span class=\"_ _5\"/>RT V<span class=\"_ _5\"/>ERS</div>\n<div class=\"t m0 x105 hc yc49 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">ACTIFS CLASSIFI\u00c9S</div>\n<div class=\"t m0 x147 hc yc4a ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME D\u00c9TEN<span class=\"_ _d\"/>US EN</div>\n<div class=\"t m0 x147 hc yc4b ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VU<span class=\"_ _5\"/>E DE L<span class=\"_ _5\"/>A VE<span class=\"_ _5\"/>NTE O<span class=\"_ _5\"/>U</div>\n<div class=\"t m0 x104 hc yc4c ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME I<span class=\"_ _d\"/>MMEUBLE DE<span class=\"_ _d\"/> <span class=\"_ _5\"/></div>\n<div class=\"t m0 xd3 hc yc4d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">PLACEMENT<span class=\"_ _d9\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _8d\"> </span><span class=\"ff7 fc0 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc4e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _7e\"> </span><span class=\"ls0 ws0\">9,1 <span class=\"_ _1c7\"> </span><span class=\"ls90 wsa4\">(9,<span class=\"_ _5\"/>1)<span class=\"_ _20c\"> </span></span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _92\"> </span>9,1 <span class=\"_ _129\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _6c\"> </span></span>9,<span class=\"_ _5\"/>1 </span></div>\n<div class=\"t m0 x7 hd yc4f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Papiers commerciaux<span class=\"_ _b0\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>5,0 <span class=\"_ _d9\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>65<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>)<span class=\"_ _20c\"> </span><span class=\"ls0 ws0\">0<span class=\"_ _5\"/>,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _6c\"> </span></span>0,<span class=\"_ _5\"/>0 </span></span></span></div>\n<div class=\"t m0 x7 hd yc50 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _a5\"> </span><span class=\"ls0 ws0\">0,<span class=\"_ _5\"/>2 <span class=\"_ _e3\"> </span><span class=\"ls1b ws1d\">1<span class=\"_ _5\"/>,7 <span class=\"_ _ab\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _201\"> </span></span></span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _97\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>)<span class=\"_ _20c\"> </span></span>0<span class=\"_ _5\"/>,0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hd yc51 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013</div>\n<div class=\"t m0 x7 hd yc52 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">financement</div>\n<div class=\"t m0 x18d hd yc51 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">103<span class=\"_ _5\"/>,9 <span class=\"_ _3a\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>2)<span class=\"_ _221\"> </span><span class=\"ls0 ws0\">2,<span class=\"_ _5\"/>8 <span class=\"_ _95\"> </span></span></span>10,<span class=\"_ _5\"/>3 <span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">1,4 <span class=\"_ _39\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _4c\"> </span><span class=\"ls1b ws1d\">(1,6<span class=\"_ _5\"/>)<span class=\"_ _86\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>8<span class=\"_ _5\"/> <span class=\"_ _119\"> </span></span></span></span></span>(5,9)<span class=\"_ _6c\"> </span><span class=\"ls0 ws0\">3<span class=\"_ _5\"/>,8 <span class=\"_ _14\"> </span><span class=\"ls12 ws14\">10<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hf yc53 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">EMPRUNTS C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x7 hf yc54 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">PORT<span class=\"_ _d\"/>ANT INTERETS</div>\n<div class=\"t m0 x18e h1b yc55 ff7 fs8 fc3 sc0 ls43 ws4d\" style=\"z-index: 15;\">278,<span class=\"_ _5\"/>2<span class=\"_ _d9\"> </span><span class=\"lsd2 wsf2\">(2<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _e7\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>,7 <span class=\"_ _96\"> </span><span class=\"ls0 ws0\">10,<span class=\"_ _5\"/>4 <span class=\"_ _86\"> </span>1<span class=\"_ _5\"/>,4 <span class=\"_ _df\"> </span></span>(0<span class=\"_ _5\"/>,1)<span class=\"_ _97\"> </span><span class=\"ls86 ws50\">(3<span class=\"_ _5\"/>,4)<span class=\"_ _88\"> </span><span class=\"ls0 ws0\">1<span class=\"_ _5\"/>26,<span class=\"_ _5\"/>9 <span class=\"_ _30\"> </span><span class=\"lsdb wsfb\">(5,<span class=\"_ _5\"/>9)<span class=\"_ _8e\"> </span></span>3,<span class=\"_ _5\"/>8 <span class=\"_ _8c\"> </span><span class=\"ls20 ws22\">116<span class=\"_ _5\"/>,4 </span></span></span></span></span></div>\n<div class=\"t m0 x5 hb y51 ff7 fs6 fc3 sc0 ls5c ws70\" style=\"z-index: 15;\">2022</div>\n<div class=\"t m0 xcf hc yc56 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">VARIATION<span class=\"_ _d\"/> HORS TR\u00c9SORERIE</div>\n<div class=\"t m0 x7 hc yc57 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _f4\"> </span><span class=\"ff7 fc0 lsf ws11\">2021</span></div>\n<div class=\"t m0 x163 hc yc58 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">VARIA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x7d hc yc59 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ON DE</div>\n<div class=\"t m0 x11e hc yc5a ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TR\u00c9SO<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd hc yc5b ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">RERIE</div>\n<div class=\"t m0 x45 hc yc5c ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>T DE</div>\n<div class=\"t m0 xb6 hc yc5d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVER<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x2b hc yc5e ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">SION<span class=\"_ _78\"> </span><span class=\"lseb ws10c\">ACQUISITION</span></div>\n<div class=\"t m0 xcd hc yc5d ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">MODIFI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x115 hc yc5e ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON<span class=\"_ _78\"> </span><span class=\"lse7 ws3d\">CESSION</span></div>\n<div class=\"t m0 xd0 hc yc5f ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">CESSI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x17a hc yc60 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x150 hc yc61 ff5 fs7 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">REGRO<span class=\"_ _5\"/>UPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x150 hc yc62 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENT D'<span class=\"_ _d\"/>EN<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 xb hc yc63 ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">TREPRISES</div>\n<div class=\"t m0 x10a hc yc62 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>ANS<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xee hc yc63 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">FERT</div>\n<div class=\"t m0 xa2 hc yc64 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NSFE<span class=\"_ _5\"/>RT V<span class=\"_ _5\"/>ERS</div>\n<div class=\"t m0 x105 hc yc65 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">ACTIFS CLASSIFI\u00c9S</div>\n<div class=\"t m0 x147 hc yc66 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME D\u00c9TEN<span class=\"_ _d\"/>US EN</div>\n<div class=\"t m0 x147 hc yc67 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VU<span class=\"_ _5\"/>E DE L<span class=\"_ _5\"/>A VE<span class=\"_ _5\"/>NTE O<span class=\"_ _5\"/>U</div>\n<div class=\"t m0 x104 hc yc68 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME I<span class=\"_ _d\"/>MMEUBLE DE<span class=\"_ _d\"/> <span class=\"_ _5\"/></div>\n<div class=\"t m0 xd3 hc yc69 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">PLACEMENT<span class=\"_ _d9\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _8d\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></span></div>\n<div class=\"t m0 x7 hd yc6a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _ef\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>3 <span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">0,0 <span class=\"_ _8e\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>1 <span class=\"_ _b0\"> </span></span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _85\"> </span><span class=\"ls2a ws2c\">(17<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4)<span class=\"_ _149\"> </span></span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span><span class=\"ls18 ws1a\">0,0</span></span></span></div>\n<div class=\"t m0 x7 hd yc6b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _8a\"> </span>6<span class=\"_ _5\"/>44<span class=\"_ _5\"/>,8 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _92\"> </span>0,0 <span class=\"_ _129\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>1,1 <span class=\"_ _da\"> </span>6<span class=\"_ _5\"/>4<span class=\"_ _5\"/>6,0</div>\n<div class=\"t m0 x7 hd yc6c ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _23d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _6c\"> </span><span class=\"ls0 ws0\">0,<span class=\"_ _5\"/>0 <span class=\"_ _72\"> </span></span>0,0<span class=\"_ _201\"> </span><span class=\"ls0 ws0\">0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _205\"> </span>0,0 <span class=\"_ _72\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span></span>0,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd yc6d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013</div>\n<div class=\"t m0 x7 hd yc6e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">financement</div>\n<div class=\"t m0 x18d hd yc6d ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">453,1 <span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">0,0 <span class=\"_ _8e\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>2 <span class=\"_ _74\"> </span><span class=\"ls22 ws24\">161,4 <span class=\"_ _89\"> </span></span></span>6<span class=\"_ _5\"/>8,1 <span class=\"_ _da\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>8)<span class=\"_ _23e\"> </span></span>3,6 <span class=\"_ _14a\"> </span><span class=\"ls1b ws1d\">(16<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>8)<span class=\"_ _2a\"> </span></span>0,<span class=\"_ _5\"/>0 <span class=\"_ _39\"> </span>1<span class=\"_ _5\"/>2,0 <span class=\"_ _14a\"> </span>53<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>9 </span></div>\n<div class=\"t m0 x7 hf yc6f ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">EMPRUNTS NON C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x7 hf yc70 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">PORT<span class=\"_ _d\"/>ANT INTERETS</div>\n<div class=\"t m0 x16d h1b yc71 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">1.261,2 <span class=\"_ _e1\"> </span>0,0 <span class=\"_ _e1\"> </span>20,<span class=\"_ _5\"/>3 <span class=\"_ _69\"> </span>1<span class=\"_ _5\"/>61,<span class=\"_ _5\"/>4 <span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>1 <span class=\"_ _6b\"> </span><span class=\"ls45 ws4a\">(12<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8)<span class=\"_ _1c6\"> </span></span>3,6 <span class=\"_ _6b\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3)<span class=\"_ _103\"> </span></span>0,0 <span class=\"_ _e5\"> </span>1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>2 <span class=\"_ _3e\"> </span><span class=\"ls46 ws53\">1.18<span class=\"_ _5\"/>0,9</span></div>\n\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s no<span class=\"_ _5\"/>n couran<span class=\"_ _5\"/>ts p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant in<span class=\"_ _5\"/>t\u00e9r\u00eat o<span class=\"_ _5\"/>nt diminu\u00e9 d<span class=\"_ _5\"/>e 80,4 m<span class=\"_ _5\"/>EUR pour at<span class=\"_ _5\"/>tein<span class=\"_ _5\"/>dre 1.18<span class=\"_ _5\"/>0,9 m<span class=\"_ _5\"/>EUR, ca<span class=\"_ _5\"/>r le pr\u00eat \u00e0 t<span class=\"_ _5\"/>erme d<span class=\"_ _5\"/>e 185<span class=\"_ _5\"/>,0</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mUSD a \u00e9<span class=\"_ _5\"/>t\u00e9 tran<span class=\"_ _5\"/>sf\u00e9r<span class=\"_ _5\"/>\u00e9 des pr<span class=\"_ _5\"/>\u00eat<span class=\"_ _5\"/>s et emp<span class=\"_ _5\"/>runt<span class=\"_ _5\"/>s non co<span class=\"_ _5\"/>urant<span class=\"_ _5\"/>s aux p<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s por<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ant int\u00e9r<span class=\"_ _5\"/>\u00eat, \u00e9<span class=\"_ _5\"/>tant do<span class=\"_ _5\"/>nn\u00e9 que ce p<span class=\"_ _5\"/>r\u00eat es<span class=\"_ _5\"/>t d\u00fb dan<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'ann\u00e9<span class=\"_ _5\"/>e. Cet<span class=\"_ _5\"/>te diminu<span class=\"_ _5\"/>tion a \u00e9<span class=\"_ _5\"/>t\u00e9 par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt compe<span class=\"_ _5\"/>ns\u00e9<span class=\"_ _5\"/>e par l'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>ett<span class=\"_ _5\"/>es de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n. T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les m<span class=\"_ _5\"/>ouvem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s li\u00e9s au<span class=\"_ _5\"/>x ajout<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aux d<span class=\"_ _5\"/>\u00e9tail<span class=\"_ _5\"/>s des l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>ont ex<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>s dans la n<span class=\"_ _5\"/>ote 6.16.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 177px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 177px; height: 905px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 177px; height: 905px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 177px; height: 905px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x94 hc yc72 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">VARIATION<span class=\"_ _d\"/> HORS TR\u00c9SORERIE</div>\n<div class=\"t m0 x7 hc yc73 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _b6\"> </span><span class=\"ff7 fc0 lsf ws11\">2021</span></div>\n<div class=\"t m0 x7d hc yc74 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">VARIA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x18a hc yc75 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ON DE</div>\n<div class=\"t m0 x33 hc yc76 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TR\u00c9SO<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x2e hc yc77 ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">RERIE</div>\n<div class=\"t m0 xc1 hc yc78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EC<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>T DE</div>\n<div class=\"t m0 x18b hc yc79 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVER<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x44 hc yc7a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">SION<span class=\"_ _78\"> </span><span class=\"lseb ws10c\">ACQUISITION</span></div>\n<div class=\"t m0 x3 hc yc79 ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">MODIFI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x172 hc yc7a ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON<span class=\"_ _78\"> </span><span class=\"lse7 ws3d\">CESSION</span></div>\n<div class=\"t m0 x17a hc yc7b ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">CESSI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x152 hc yc7c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x9 hc yc7d ff5 fs7 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">REGRO<span class=\"_ _5\"/>UPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x180 hc yc7e ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENT D'<span class=\"_ _d\"/>EN<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x150 hc yc7f ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">TREPRISES</div>\n<div class=\"t m0 x170 hc yc7e ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>ANS<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xb8 hc yc7f ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">FERT</div>\n<div class=\"t m0 x121 hc yc80 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NSFE<span class=\"_ _5\"/>RT V<span class=\"_ _5\"/>ERS</div>\n<div class=\"t m0 x18c hc yc81 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">ACTIFS CLASSIFI\u00c9S</div>\n<div class=\"t m0 x102 hc yc82 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME D\u00c9TEN<span class=\"_ _d\"/>US EN</div>\n<div class=\"t m0 x102 hc yc83 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VU<span class=\"_ _5\"/>E DE L<span class=\"_ _5\"/>A VE<span class=\"_ _5\"/>NTE O<span class=\"_ _5\"/>U</div>\n<div class=\"t m0 x103 hc yc84 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME I<span class=\"_ _d\"/>MMEUBLE DE<span class=\"_ _d\"/> <span class=\"_ _5\"/></div>\n<div class=\"t m0 x178 hc yc85 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">PLACEMENT<span class=\"_ _d9\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _8d\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></span></div>\n<div class=\"t m0 x7 hd yc86 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _1cc\"> </span><span class=\"ls0 ws0\">9,1 <span class=\"_ _da\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>1)<span class=\"_ _221\"> </span></span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>4,0 <span class=\"_ _66\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4 <span class=\"_ _129\"> </span></span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _85\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4 </span></span></div>\n<div class=\"t m0 x7 hd yc87 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Papiers commerciaux<span class=\"_ _206\"> </span><span class=\"ls0 ws0\">0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _92\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _b0\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _72\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span>0<span class=\"_ _5\"/>,0 </span></div>\n<div class=\"t m0 x7 hd yc88 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _83\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _8f\"> </span>0,0<span class=\"_ _221\"> </span><span class=\"ls0 ws0\">0,0 <span class=\"_ _b0\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _205\"> </span>0,0 <span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span></span>0,0<span class=\"_ _8d\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7 hd yc89 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013</div>\n<div class=\"t m0 x7 hd yc8a ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">financement</div>\n<div class=\"t m0 x13a hd yc89 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">1<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3<span class=\"_ _5\"/> <span class=\"_ _23f\"> </span>(<span class=\"_ _5\"/>1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _221\"> </span><span class=\"ls0 ws0\">1,<span class=\"_ _5\"/>9 <span class=\"_ _44\"> </span>0<span class=\"_ _5\"/>,5 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _18b\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _201\"> </span></span>0,<span class=\"_ _5\"/>3 <span class=\"_ _8d\"> </span><span class=\"ls22 ws24\">160,<span class=\"_ _5\"/>8 <span class=\"_ _129\"> </span></span>0,0 <span class=\"_ _e3\"> </span>0<span class=\"_ _5\"/>,1 <span class=\"_ _da\"> </span>1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,1 </span></div>\n<div class=\"t m0 x7 hf yc8b ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">EMPRUNTS C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x7 hf yc8c ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">PORT<span class=\"_ _d\"/>ANT INTERETS</div>\n<div class=\"t m0 x120 h1b yc8d ff7 fs8 fc3 sc0 ls20 ws22\" style=\"z-index: 15;\">116,<span class=\"_ _5\"/>4 <span class=\"_ _f\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>1)<span class=\"_ _e7\"> </span><span class=\"ls0 ws0\">1,<span class=\"_ _5\"/>9 <span class=\"_ _8a\"> </span>0<span class=\"_ _5\"/>,5 <span class=\"_ _e1\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _df\"> </span><span class=\"lsd4 wsf5\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _205\"> </span></span>4,<span class=\"_ _5\"/>3 <span class=\"_ _18b\"> </span>33<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3 <span class=\"_ _19\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _86\"> </span>0,<span class=\"_ _5\"/>1 <span class=\"_ _75\"> </span><span class=\"lsd2 wsf2\">3<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3</span></span></span></div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s por<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ant int\u00e9r<span class=\"_ _5\"/>\u00eat ont au<span class=\"_ _5\"/>gment\u00e9 d<span class=\"_ _5\"/>e 190,<span class=\"_ _5\"/>9 mEUR p<span class=\"_ _5\"/>our at<span class=\"_ _5\"/>teindr<span class=\"_ _5\"/>e 307<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3 mEUR<span class=\"_ _5\"/>, ce qui s'exp<span class=\"_ _5\"/>lique pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt par</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le tr<span class=\"_ _5\"/>ansf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t du pr\u00ea<span class=\"_ _5\"/>t \u00e0 term<span class=\"_ _5\"/>e de 185<span class=\"_ _5\"/>,0 mUSD de<span class=\"_ _5\"/>s pr\u00eat<span class=\"_ _5\"/>s et e<span class=\"_ _5\"/>mpr<span class=\"_ _5\"/>unts n<span class=\"_ _5\"/>on cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s aux pr\u00ea<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t empr<span class=\"_ _5\"/>unt<span class=\"_ _5\"/>s coura<span class=\"_ _5\"/>nts p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant in<span class=\"_ _5\"/>t\u00e9r\u00eat<span class=\"_ _5\"/>. Dans la n<span class=\"_ _5\"/>ote</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>30, s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tion r<span class=\"_ _5\"/>isque<span class=\"_ _5\"/>s de ta<span class=\"_ _5\"/>ux d'int\u00e9r<span class=\"_ _5\"/>\u00eat, le<span class=\"_ _5\"/>s term<span class=\"_ _5\"/>es et co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>ons de<span class=\"_ _5\"/>s pr\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prun<span class=\"_ _5\"/>ts p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant int<span class=\"_ _5\"/>\u00e9r\u00eat s<span class=\"_ _5\"/>ont pr\u00e9<span class=\"_ _5\"/>sent<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, le der<span class=\"_ _5\"/>nier p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nt (9,1 mEUR) re<span class=\"_ _5\"/>latif au p<span class=\"_ _5\"/>r\u00eat de l<span class=\"_ _5\"/>a Banqu<span class=\"_ _5\"/>e europ<span class=\"_ _5\"/>\u00e9en<span class=\"_ _5\"/>ne d'inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent (\"B<span class=\"_ _5\"/>EI\") a \u00e9t\u00e9 e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9. En 20<span class=\"_ _5\"/>07<span class=\"_ _1\"/>, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>t\u00e9 un pr\u00ea<span class=\"_ _5\"/>t de 100,<span class=\"_ _5\"/>0 mEUR \u00e0 tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t var<span class=\"_ _5\"/>iable aup<span class=\"_ _5\"/>r\u00e8s de la B<span class=\"_ _5\"/>EI.</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A note<span class=\"_ _5\"/>r que le tot<span class=\"_ _5\"/>al des col<span class=\"_ _5\"/>onnes \"<span class=\"_ _5\"/>f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9sor<span class=\"_ _5\"/>erie\" m<span class=\"_ _5\"/>enti<span class=\"_ _5\"/>onn\u00e9e<span class=\"_ _5\"/>s dans le t<span class=\"_ _5\"/>ablea<span class=\"_ _5\"/>u ci-<span class=\"_ _5\"/>des<span class=\"_ _5\"/>sus s'\u00e9l\u00e8ve \u00e0 -15<span class=\"_ _5\"/>0,1 mEUR<span class=\"_ _5\"/>, tandi<span class=\"_ _5\"/>s que les \"<span class=\"_ _5\"/>fl<span class=\"_ _5\"/>ux net<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">li\u00e9<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie re<span class=\"_ _5\"/>latif<span class=\"_ _5\"/>s aux em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s et  d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>tes de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n\" (<span class=\"_ _d\"/>c'est-\u00e0<span class=\"_ _5\"/>-<span class=\"_ _5\"/>dire les f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie li\u00e9<span class=\"_ _5\"/>s aux ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s de f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ceme<span class=\"_ _5\"/>nt \u00e0 l'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>clusio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des d<span class=\"_ _5\"/>ivid<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>s vers<span class=\"_ _5\"/>\u00e9s) dans l'\u00e9ta<span class=\"_ _5\"/>t conso<span class=\"_ _5\"/>lid\u00e9 de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie s'\u00e9l\u00e8ve<span class=\"_ _5\"/>nt \u00e0 -<span class=\"_ _d\"/>163,<span class=\"_ _5\"/>6 mEUR. L<span class=\"_ _5\"/>a diff\u00e9<span class=\"_ _5\"/>rence d<span class=\"_ _5\"/>e -<span class=\"_ _1\"/>1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>5 mEUR es<span class=\"_ _5\"/>t pri<span class=\"_ _5\"/>ncipale<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">due au<span class=\"_ _5\"/>x int\u00e9r\u00ea<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>em<span class=\"_ _5\"/>prun<span class=\"_ _5\"/>t \u00e0 terme e<span class=\"_ _5\"/>t au ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt de l'oblig<span class=\"_ _5\"/>ation co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s compte<span class=\"_ _5\"/>s fourn<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eurs e<span class=\"_ _5\"/>t autre<span class=\"_ _5\"/>s cr\u00e9<span class=\"_ _5\"/>diteur<span class=\"_ _5\"/>s, qui</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ne s<span class=\"_ _5\"/>ont don<span class=\"_ _5\"/>c pas men<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>\u00e9s dans ce<span class=\"_ _5\"/>tte n<span class=\"_ _5\"/>ote.</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A note<span class=\"_ _5\"/>r que bpo<span class=\"_ _5\"/>st dis<span class=\"_ _5\"/>pose \u00e9<span class=\"_ _5\"/>gale<span class=\"_ _5\"/>ment de d<span class=\"_ _5\"/>eux lig<span class=\"_ _5\"/>nes de c<span class=\"_ _5\"/>r\u00e9dit n<span class=\"_ _5\"/>on utili<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s pour un m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nt total d<span class=\"_ _5\"/>e 375,0 mEUR<span class=\"_ _5\"/>, voir no<span class=\"_ _5\"/>te 6.<span class=\"_ _5\"/>32 \"<span class=\"_ _d\"/>dro<span class=\"_ _5\"/>its e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">engagements\"<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Il n'y a pas d<span class=\"_ _5\"/>e convent<span class=\"_ _5\"/>ion sur ce<span class=\"_ _5\"/>s pr\u00eat<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 582px; height: 502px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 582px; height: 502px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div class=\"t m0 x5 h1a y11 ffc fs11 fc2 sc0 ls0 ws6d\" style=\"z-index: 15;\">6.26 <span class=\"_ _4\"> </span>Avan<span class=\"_ _d\"/>tages au personne<span class=\"_ _d\"/>l</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st acco<span class=\"_ _5\"/>rde \u00e0 se<span class=\"_ _5\"/>s collab<span class=\"_ _5\"/>orate<span class=\"_ _5\"/>urs ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s et re<span class=\"_ _5\"/>trai<span class=\"_ _5\"/>t\u00e9s de<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages po<span class=\"_ _5\"/>st\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s \u00e0 l\u2019<span class=\"_ _d\"/>em<span class=\"_ _5\"/>ploi, de<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es avant<span class=\"_ _5\"/>ages \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me et de<span class=\"_ _5\"/>s avan<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tag<span class=\"_ _5\"/>es de ces<span class=\"_ _5\"/>sat<span class=\"_ _5\"/>ion d\u2019emplo<span class=\"_ _5\"/>i. Ces pl<span class=\"_ _5\"/>ans d\u2019avant<span class=\"_ _5\"/>ages so<span class=\"_ _5\"/>ciaux o<span class=\"_ _5\"/>nt \u00e9t\u00e9 \u00e9v<span class=\"_ _5\"/>alu\u00e9s co<span class=\"_ _5\"/>nfor<span class=\"_ _5\"/>m\u00e9me<span class=\"_ _5\"/>nt \u00e0 la nor<span class=\"_ _5\"/>me IA<span class=\"_ _5\"/>S 19. Ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tains d<span class=\"_ _5\"/>\u00e9coule<span class=\"_ _5\"/>nt des m<span class=\"_ _5\"/>esure<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u00e9g<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>es dans le c<span class=\"_ _5\"/>adre d<span class=\"_ _5\"/>e Convent<span class=\"_ _5\"/>ions Co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>s de T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>avail (CC<span class=\"_ _5\"/>T). Les av<span class=\"_ _5\"/>antag<span class=\"_ _5\"/>es oc<span class=\"_ _5\"/>troy\u00e9<span class=\"_ _5\"/>s par le bia<span class=\"_ _5\"/>is de ces p<span class=\"_ _5\"/>lans diff<span class=\"_ _5\"/>\u00e8rent s<span class=\"_ _5\"/>elon le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cat\u00e9<span class=\"_ _5\"/>gori<span class=\"_ _5\"/>es de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t: le<span class=\"_ _5\"/>s fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nnaire<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>\u00e9g<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt repr<span class=\"_ _5\"/>is so<span class=\"_ _5\"/>us le nom d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el st<span class=\"_ _5\"/>atuta<span class=\"_ _5\"/>ire) et le pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>el. Il</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fau<span class=\"_ _5\"/>t \u00e9gale<span class=\"_ _5\"/>ment m<span class=\"_ _5\"/>entio<span class=\"_ _5\"/>nner qu<span class=\"_ _5\"/>e bpost SA co<span class=\"_ _5\"/>mpte 3 t<span class=\"_ _5\"/>ype<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>em<span class=\"_ _5\"/>ploy\u00e9s co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>els<span class=\"_ _5\"/>: les cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s bar\u00e9<span class=\"_ _5\"/>mique<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s agent<span class=\"_ _5\"/>s aux<span class=\"_ _5\"/>iliaire<span class=\"_ _5\"/>s et les</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">contractuels non bar\u00e9miques.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les av<span class=\"_ _5\"/>anta<span class=\"_ _5\"/>ges au pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onnel s<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ment com<span class=\"_ _5\"/>me suit<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hb y5a ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y7f8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc8e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>es pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieu<span class=\"_ _5\"/>rs \u00e0 l\u2019empl<span class=\"_ _5\"/>oi (note 6<span class=\"_ _5\"/>.26<span class=\"_ _5\"/>.1)</div>\n<div class=\"t m0 x177 hd yc8f ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">17,<span class=\"_ _2\"/>3<span class=\"_ _1de\"> </span><span class=\"ls26 ws28\">2<span class=\"_ _5\"/>3,3</span></div>\n<div class=\"t m0 x7 hd yc90 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res av<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>ages \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me (note 6<span class=\"_ _5\"/>.26<span class=\"_ _5\"/>.2)</div>\n<div class=\"t m0 x125 hd yc91 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _233\"> </span><span class=\"ls20 ws22\">26<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yc92 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ind<span class=\"_ _5\"/>emni<span class=\"_ _5\"/>t\u00e9s de f<span class=\"_ _5\"/>in de co<span class=\"_ _5\"/>ntr<span class=\"_ _5\"/>at de tr<span class=\"_ _5\"/>avai<span class=\"_ _5\"/>l (<span class=\"_ _d\"/>no<span class=\"_ _5\"/>te 6.<span class=\"_ _5\"/>26.<span class=\"_ _5\"/>3)</div>\n<div class=\"t m0 x108 hd yc93 ff4 fs8 fc2 sc0 ls17 ws19\" style=\"z-index: 15;\">9,<span class=\"_ _5\"/>2<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">8,7</span></div>\n<div class=\"t m0 x7 hf yc94 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x98 h1b yc95 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">244,<span class=\"_ _5\"/>2<span class=\"_ _1fd\"> </span><span class=\"ls27 ws29\">298,2</span></div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ap<span class=\"_ _5\"/>r\u00e8s d\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs d<span class=\"_ _5\"/>\u2019imp\u00f4t<span class=\"_ _5\"/>s diff<span class=\"_ _5\"/>\u00e9r\u00e9s l<span class=\"_ _5\"/>es conce<span class=\"_ _5\"/>rnant<span class=\"_ _5\"/>, les av<span class=\"_ _5\"/>antage<span class=\"_ _5\"/>s au pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel s\u2019\u00e9l\u00e8ve<span class=\"_ _5\"/>nt \u00e0 240,<span class=\"_ _5\"/>1mEUR (2021: 279,<span class=\"_ _5\"/>1 mEUR).</div>\n<div class=\"t m0 x7 hb y409 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yc96 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc97 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>es au pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l<span class=\"_ _240\"> </span><span class=\"ls1a ws1c\"> 24<span class=\"_ _5\"/>4,2<span class=\"_ _1fd\"> </span><span class=\"ls27 ws29\"> 2<span class=\"_ _5\"/>98,2</span></span></div>\n<div class=\"t m0 x7 hd yc98 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d'imp<span class=\"_ _5\"/>\u00f4t<span class=\"_ _5\"/>s dif<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s<span class=\"_ _18e\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,1)<span class=\"_ _134\"> </span><span class=\"ls1b ws1d\">(19<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7 hf yc99 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AVANT<span class=\"_ _1\"/>AGES AU PERSONNEL APR\u00c8S D\u00c9DUCTION DES AC<span class=\"_ _d\"/>TIFS D'IMP\u00d4<span class=\"_ _d\"/>TS DIFF\u00c9R\u00c9S</div>\n<div class=\"t m0 x17e h1b yc9a ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 24<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>1<span class=\"_ _1f7\"> </span> 27<span class=\"_ _5\"/>9,1</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 80px; height: 462px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 80px; height: 1004px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>tes ne<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de bpo<span class=\"_ _5\"/>st li\u00e9<span class=\"_ _5\"/>es aux av<span class=\"_ _5\"/>anta<span class=\"_ _5\"/>ges au pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onnel co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>nent le<span class=\"_ _5\"/>s \u00e9l\u00e9m<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>nts :</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _150\"> </span><span class=\"ls1b ws1d\"> 3<span class=\"_ _5\"/>05<span class=\"_ _5\"/>,7<span class=\"_ _1c9\"> </span> 3<span class=\"_ _5\"/>8<span class=\"_ _5\"/>4,7</span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime<span class=\"_ _241\"> </span><span class=\"ls2b ws2d\">(61,<span class=\"_ _5\"/>5)<span class=\"_ _1e8\"> </span>(86<span class=\"_ _5\"/>,5)</span></div>\n<div class=\"t m0 x7 hd yc01 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _d\"/> net<span class=\"_ _5\"/>tes<span class=\"_ _154\"> </span><span class=\"ls1a ws1c\"> 244<span class=\"_ _5\"/>,2<span class=\"_ _1fd\"> </span><span class=\"ls27 ws29\"> 298,<span class=\"_ _5\"/>2</span></span></div>\n<div class=\"t m0 x7 hf yc9b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 xfe h1b yc9c ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 24<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2<span class=\"_ _1f7\"> </span> 29<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x7 hd yc9d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s au pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel f<span class=\"_ _5\"/>igu<span class=\"_ _5\"/>rant a<span class=\"_ _5\"/>u bila<span class=\"_ _5\"/>n<span class=\"_ _15a\"> </span> </div>\n<div class=\"t m0 x7 hd yc9e ff4 fs8 fc2 sc0 ls27 ws29\" style=\"z-index: 15;\">Dettes<span class=\"_ _242\"> </span><span class=\"ls1a ws1c\"> 24<span class=\"_ _5\"/>4,2<span class=\"_ _1fd\"> </span></span> 2<span class=\"_ _5\"/>98,2</div>\n<div class=\"t m0 x7 hf yc04 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 xfe h1b yc05 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 24<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2<span class=\"_ _1f7\"> </span> 29<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s dans la v<span class=\"_ _5\"/>aleur ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle net<span class=\"_ _5\"/>te de<span class=\"_ _5\"/>s oblig<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s sont le<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>nts :</div>\n<div class=\"t m0 x7 hc yc9f ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yca0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>le au 1er ja<span class=\"_ _5\"/>nvie<span class=\"_ _5\"/>r <span class=\"_ _19d\"> </span><span class=\"ls1b ws1d\"> 3<span class=\"_ _5\"/>8<span class=\"_ _5\"/>4,7<span class=\"_ _1c9\"> </span><span class=\"ls2e ws30\"> 408,5</span></span></div>\n<div class=\"t m0 x7 hd yca1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x170 hd yca2 ff4 fs8 fc2 sc0 ls17 ws19\" style=\"z-index: 15;\"> 29,<span class=\"_ _5\"/>0<span class=\"_ _1e2\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yca3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x170 hd yca4 ff4 fs8 fc2 sc0 ls17 ws19\" style=\"z-index: 15;\"> 29,<span class=\"_ _5\"/>0<span class=\"_ _1e2\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yca5 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _243\"> </span><span class=\"ls3b ws43\"> 3,1<span class=\"_ _1ee\"> </span></span> 1,6</div>\n<div class=\"t m0 x7 hd yca6 ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _244\"> </span><span class=\"ls0 ws0\">(33<span class=\"_ _5\"/>,8)<span class=\"_ _134\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>2,4)</span></span></div>\n<div class=\"t m0 x7 hd yca7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s<span class=\"_ _245\"> </span><span class=\"ls90 wsa4\">(45<span class=\"_ _5\"/>,4)<span class=\"_ _134\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>0)</span></span></div>\n<div class=\"t m0 x7 hd yca8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels<span class=\"_ _246\"> </span><span class=\"ls90 wsa4\">(45<span class=\"_ _5\"/>,4)<span class=\"_ _134\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>0)</span></span></div>\n<div class=\"t m0 x7 hd yca9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s aut<span class=\"_ _5\"/>res \u00e9l<span class=\"_ _5\"/>\u00e9me<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>u r\u00e9su<span class=\"_ _5\"/>ltat</div>\n<div class=\"t m0 x7 hd ycaa ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">global</div>\n<div class=\"t m0 xd8 hd yca9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(32,<span class=\"_ _5\"/>0)<span class=\"_ _23\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>2<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hd ycab ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels<span class=\"_ _168\"> </span><span class=\"ls0 ws0\">(3<span class=\"_ _5\"/>2,0)<span class=\"_ _23\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _2\"/>7,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7 hf ycac ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">OBLIGA<span class=\"_ _1\"/>TION AU TITRE DES PREST<span class=\"_ _d\"/>A<span class=\"_ _1\"/>TIONS AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x17e h1b ycad ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\"> 30<span class=\"_ _5\"/>5,7<span class=\"_ _9a\"> </span> 3<span class=\"_ _5\"/>84<span class=\"_ _5\"/>,7</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs du r<span class=\"_ _5\"/>\u00e9gime p<span class=\"_ _5\"/>eut \u00ea<span class=\"_ _5\"/>tre r\u00e9<span class=\"_ _5\"/>concili<span class=\"_ _5\"/>\u00e9e comm<span class=\"_ _5\"/>e suit :</div>\n<div class=\"t m0 x7 hc y760 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ycae ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime au 1e<span class=\"_ _5\"/>r janvi<span class=\"_ _5\"/>er<span class=\"_ _56\"> </span><span class=\"ls2b ws2d\">(86,<span class=\"_ _5\"/>5)<span class=\"_ _1e8\"> </span>(88<span class=\"_ _5\"/>,5)</span></div>\n<div class=\"t m0 x7 hd ycaf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Contr<span class=\"_ _5\"/>ibutions de l'employeur<span class=\"_ _247\"> </span><span class=\"ls0 ws0\">(32,<span class=\"_ _5\"/>9)<span class=\"_ _1e8\"> </span>(33<span class=\"_ _5\"/>,2)</span></div>\n<div class=\"t m0 x7 hd ycb0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Con<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uti<span class=\"_ _5\"/>ons de<span class=\"_ _5\"/>s mem<span class=\"_ _5\"/>bres d<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel<span class=\"_ _17c\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,6)<span class=\"_ _1de\"> </span>(1,6<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hd ycb1 ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _19a\"> </span><span class=\"ls26 ws28\"> 3<span class=\"_ _5\"/>3,8<span class=\"_ _1ce\"> </span><span class=\"ls28 ws2a\"> 32,4</span></span></div>\n<div class=\"t m0 x7 hd ycb2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Rev<span class=\"_ _5\"/>enus)/char<span class=\"_ _5\"/>ges d'in<span class=\"_ _5\"/>t\u00e9r\u00ea<span class=\"_ _5\"/>t sur le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs (<span class=\"_ _5\"/>inclu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s)<span class=\"_ _18a\"> </span>(0<span class=\"_ _5\"/>,9)<span class=\"_ _23\"> </span>(0,6)</div>\n<div class=\"t m0 x7 hd ycb3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel s<span class=\"_ _5\"/>ur les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs (in<span class=\"_ _5\"/>clus da<span class=\"_ _5\"/>ns les a<span class=\"_ _5\"/>utr<span class=\"_ _5\"/>es \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du</div>\n<div class=\"t m0 x7 hd ycb4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">r\u00e9sult<span class=\"_ _5\"/>at)</div>\n<div class=\"t m0 x170 hd ycb3 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\"> 26<span class=\"_ _5\"/>,7<span class=\"_ _1ee\"> </span><span class=\"ls7 ws8\"> 5,0</span></div>\n<div class=\"t m0 x7 hf ycb5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">JUSTE V<span class=\"_ _d\"/>ALEUR DES ACTIF<span class=\"_ _d\"/>S DU R\u00c9GIME AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x17e h1b ycb6 ff7 fs8 fc3 sc0 ls90 wsa4\" style=\"z-index: 15;\">(61<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _9a\"> </span>(86<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs du r\u00e9<span class=\"_ _5\"/>gime con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>ent l\u2019avant<span class=\"_ _5\"/>age d\u2019assur<span class=\"_ _5\"/>ance gr<span class=\"_ _5\"/>oupe co<span class=\"_ _5\"/>nform<span class=\"_ _5\"/>\u00e9men<span class=\"_ _5\"/>t \u00e0 la nor<span class=\"_ _5\"/>me IA<span class=\"_ _5\"/>S 19. Ce<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs du r<span class=\"_ _5\"/>\u00e9gime s<span class=\"_ _5\"/>ont d\u00e9<span class=\"_ _5\"/>tenus pa<span class=\"_ _5\"/>r une</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">compa<span class=\"_ _5\"/>gnie d\u2019as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>e et son<span class=\"_ _5\"/>t compos<span class=\"_ _5\"/>\u00e9s de<span class=\"_ _5\"/>s r\u00e9s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ves con<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>tu\u00e9e<span class=\"_ _5\"/>s par le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>ons de l'empl<span class=\"_ _5\"/>oyeurs e<span class=\"_ _5\"/>t de l'employ\u00e9 (con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">d\u2019<span class=\"_ _d\"/>assurance a<span class=\"_ _d\"/>vec un r<span class=\"_ _d\"/>endement garanti)<span class=\"_ _d\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 237px; height: 845px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 237px; height: 845px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les v<span class=\"_ _5\"/>ariat<span class=\"_ _5\"/>ions de<span class=\"_ _5\"/>s oblig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns au tit<span class=\"_ _5\"/>re des p<span class=\"_ _5\"/>res<span class=\"_ _5\"/>tati<span class=\"_ _5\"/>ons d\u00e9f<span class=\"_ _5\"/>inie<span class=\"_ _5\"/>s et la jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs du r\u00e9<span class=\"_ _5\"/>gime s<span class=\"_ _5\"/>ont les s<span class=\"_ _5\"/>uivan<span class=\"_ _5\"/>tes en 202<span class=\"_ _5\"/>2 :</div>\n<div class=\"t m0 x7 hc ycb7 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x144 hc ycb8 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">OBLIGATION AU<span class=\"_ _d\"/> TITRE</div>\n<div class=\"t m0 x89 hc ycb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE<span class=\"_ _5\"/>S PRE<span class=\"_ _5\"/>STATIO<span class=\"_ _5\"/>NS</div>\n<div class=\"t m0 xb2 hc ycba ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">D\u00c9FINIES</div>\n<div class=\"t m0 x177 hc ycb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JUS<span class=\"_ _5\"/>TE VA<span class=\"_ _5\"/>LEU<span class=\"_ _5\"/>R DES</div>\n<div class=\"t m0 x10a hc ycba ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S DU R\u00c9<span class=\"_ _5\"/>GIM<span class=\"_ _5\"/>E<span class=\"_ _ea\"> </span><span class=\"ff5 fc0 ls6 ws7\">PASSIFS NET</span></div>\n<div class=\"t m0 x7 hf ycbb ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 x18f h22 ycbc ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 xdf hf ycbb ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x150 h1b ycbd ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\"> 38<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7<span class=\"_ _1e\"> </span><span class=\"ls90 wsa4\">(8<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>5)<span class=\"_ _f6\"> </span><span class=\"ls0 ws0\"> 298<span class=\"_ _5\"/>,2</span></span></div>\n<div class=\"t m0 x7 hd ycbe ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x14e hd ycbf ff4 fs8 fc2 sc0 ls17 ws19\" style=\"z-index: 15;\"> 29,<span class=\"_ _5\"/>0<span class=\"_ _137\"> </span><span class=\"ls0 ws0\"> <span class=\"_ _2a\"> </span></span> 29,0</div>\n<div class=\"t m0 x7 hd ycc0 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Contr<span class=\"_ _5\"/>ibutions de l\u2019employ\u00e9<span class=\"_ _121\"> </span><span class=\"ls0 ws0\"> <span class=\"_ _cc\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>6)<span class=\"_ _16\"> </span>(1<span class=\"_ _5\"/>,6)</span></span></div>\n<div class=\"t m0 x7 hd ycc1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes actuariel<span class=\"_ _5\"/>s<span class=\"_ _d\"/> rapp<span class=\"_ _5\"/>ort\u00e9s comme charges d'<span class=\"_ _d\"/>exploitation<span class=\"_ _130\"> </span><span class=\"ls14 ws16\"> 1,<span class=\"_ _5\"/>9<span class=\"_ _cb\"> </span><span class=\"ls0 ws0\"> <span class=\"_ _142\"> </span></span> 1,9</span></div>\n<div class=\"t m0 x7 hd ycc2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>us-<span class=\"_ _5\"/>total i<span class=\"_ _5\"/>nclus d<span class=\"_ _5\"/>ans le<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nne<span class=\"_ _5\"/>l (<span class=\"_ _d\"/>no<span class=\"_ _5\"/>te 6.1<span class=\"_ _5\"/>2)</div>\n<div class=\"t m0 x14e hd ycc3 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\"> 30,9<span class=\"_ _16\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,6)<span class=\"_ _122\"> </span><span class=\"ls17 ws19\"> 29,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ycc4 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _248\"> </span><span class=\"ls3b ws43\"> 3,1<span class=\"_ _249\"> </span> 3,1</span></div>\n<div class=\"t m0 x7 hd ycc5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Rev<span class=\"_ _5\"/>enus)/char<span class=\"_ _5\"/>ges d'in<span class=\"_ _5\"/>t\u00e9r\u00ea<span class=\"_ _5\"/>t sur le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs (<span class=\"_ _5\"/>inclu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s)<span class=\"_ _bf\"> </span> <span class=\"_ _cc\"> </span>(0,9)<span class=\"_ _103\"> </span>(0,<span class=\"_ _5\"/>9)</div>\n<div class=\"t m0 x7 hd ycc6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes actuariel<span class=\"_ _5\"/>s<span class=\"_ _d\"/> rapp<span class=\"_ _5\"/>ort\u00e9s comme co\u00fbts financier<span class=\"_ _5\"/>s<span class=\"_ _207\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>47,<span class=\"_ _2\"/>2<span class=\"_ _5\"/>)<span class=\"_ _32\"> </span><span class=\"ls0 ws0\"> <span class=\"_ _19\"> </span></span>(<span class=\"_ _5\"/>47,<span class=\"_ _2\"/>2<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hd ycc7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>us-<span class=\"_ _5\"/>total i<span class=\"_ _5\"/>nclus d<span class=\"_ _5\"/>ans le<span class=\"_ _5\"/>s char<span class=\"_ _5\"/>ges f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ci\u00e8r<span class=\"_ _5\"/>es (note 6<span class=\"_ _5\"/>.13)</div>\n<div class=\"t m0 xe6 hd ycc8 ff4 fs8 fc2 sc0 ls90 wsa4\" style=\"z-index: 15;\">(4<span class=\"_ _5\"/>4,1)<span class=\"_ _16\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>9)<span class=\"_ _26\"> </span></span>(45,<span class=\"_ _5\"/>0)</div>\n<div class=\"t m0 x7 hd ycc9 ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _24a\"> </span><span class=\"ls0 ws0\">(33<span class=\"_ _5\"/>,8)<span class=\"_ _129\"> </span><span class=\"ls26 ws28\"> 33,8<span class=\"_ _142\"> </span><span class=\"ls18 ws1a\">0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ycca ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Contr<span class=\"_ _5\"/>ibutions de l'employeur<span class=\"_ _117\"> </span><span class=\"ls0 ws0\"> <span class=\"_ _27\"> </span>(32<span class=\"_ _5\"/>,9)<span class=\"_ _26\"> </span>(32,<span class=\"_ _5\"/>9)</span></div>\n<div class=\"t m0 x7 hf yccb ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SOUS \u2013 TO<span class=\"_ _1\"/>TAL FL<span class=\"_ _d\"/>UX DE TR\u00c9SORERIE CONSOLID\u00c9S</div>\n<div class=\"t m0 x14f h1b yccc ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(4<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _129\"> </span><span class=\"ls45 ws4a\">(1,<span class=\"_ _5\"/>7)<span class=\"_ _119\"> </span><span class=\"lsd4 wsf5\">(48<span class=\"_ _5\"/>,7)</span></span></div>\n<div class=\"t m0 x7 hd yccd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Gai<span class=\"_ _5\"/>ns et (p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes) de r<span class=\"_ _5\"/>\u00e9\u00e9v<span class=\"_ _5\"/>aluat<span class=\"_ _5\"/>ion re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s aut<span class=\"_ _5\"/>res \u00e9<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x7 hd ycce ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">r\u00e9sult<span class=\"_ _5\"/>at global</div>\n<div class=\"t m0 xe6 hd yccd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(32,<span class=\"_ _5\"/>0)<span class=\"_ _122\"> </span><span class=\"ls1b ws1d\"> 26<span class=\"_ _5\"/>,7<span class=\"_ _103\"> </span><span class=\"ls22 ws24\">(5<span class=\"_ _5\"/>,3)</span></span></div>\n<div class=\"t m0 x7 hf yccf ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x150 h1b ycd0 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\"> 30<span class=\"_ _5\"/>5,7<span class=\"_ _119\"> </span><span class=\"ls90 wsa4\">(61<span class=\"_ _5\"/>,5)<span class=\"_ _f6\"> </span><span class=\"ls0 ws0\"> 24<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2</span></span></div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>tes re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>es dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ats s<span class=\"_ _5\"/>ont les s<span class=\"_ _5\"/>uivan<span class=\"_ _5\"/>tes :</div>\n<div class=\"t m0 x7 hb yd ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ycd1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ycd2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x55 hd ycd3 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _1e2\"> </span><span class=\"ls28 ws2a\"> 25,6</span></div>\n<div class=\"t m0 x7 hd ycd4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x55 hd ycd5 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _1e2\"> </span><span class=\"ls28 ws2a\"> 25,6</span></div>\n<div class=\"t m0 x7 hd ycd6 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _243\"> </span><span class=\"ls42 ws4c\"> 2,2<span class=\"_ _1ee\"> </span></span> 1,1</div>\n<div class=\"t m0 x7 hd ycd7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes de r\u00e9\u00e9valuation<span class=\"_ _156\"> </span><span class=\"ls90 wsa4\">(45,4)<span class=\"_ _134\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,0)</span></span></div>\n<div class=\"t m0 x7 hd ycd8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme co\u00fbts financiers<span class=\"_ _c\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>4<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)<span class=\"_ _23\"> </span><span class=\"ls2b ws2d\">(8<span class=\"_ _5\"/>,2)</span></span></div>\n<div class=\"t m0 x7 hd ycd9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme charges d'<span class=\"_ _d\"/>exploitation<span class=\"_ _24b\"> </span><span class=\"ls14 ws16\"> 1,9<span class=\"_ _23\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>9)</span></span></div>\n<div class=\"t m0 x7 hf ycda ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x17e h1b ycdb ff7 fs8 fc3 sc0 ls45 ws4a\" style=\"z-index: 15;\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>8)<span class=\"_ _1d4\"> </span><span class=\"lsd4 wsf5\"> 1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En ce qui con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>e les avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s pos<span class=\"_ _5\"/>t\u00e9rie<span class=\"_ _5\"/>urs \u00e0 l'empl<span class=\"_ _5\"/>oi, les g<span class=\"_ _5\"/>ains et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tua<span class=\"_ _5\"/>riel<span class=\"_ _5\"/>s (tant f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier<span class=\"_ _5\"/>s que d'expl<span class=\"_ _5\"/>oitat<span class=\"_ _5\"/>ion) sont co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal<span class=\"_ _5\"/>. T<span class=\"_ _1\"/>and<span class=\"_ _5\"/>is que le<span class=\"_ _5\"/>s gains e<span class=\"_ _5\"/>t per<span class=\"_ _5\"/>tes a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>arie<span class=\"_ _5\"/>ls (tant f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s que d'exp<span class=\"_ _5\"/>loita<span class=\"_ _5\"/>tion) sur le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es avan<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tag<span class=\"_ _5\"/>es \u00e0 long te<span class=\"_ _5\"/>rme e<span class=\"_ _5\"/>t les ind<span class=\"_ _5\"/>emnit\u00e9<span class=\"_ _5\"/>s de ces<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on d'emploi s<span class=\"_ _5\"/>ont imm<span class=\"_ _5\"/>\u00e9diate<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s d\u2019int\u00e9r<span class=\"_ _5\"/>\u00eat<span class=\"_ _5\"/>s ainsi qu<span class=\"_ _5\"/>e les gai<span class=\"_ _5\"/>ns et pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iels f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s sont p<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>ent\u00e9s e<span class=\"_ _5\"/>n charge<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res<span class=\"_ _5\"/>. Le co\u00fbt de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices et l<span class=\"_ _5\"/>es gain<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xploit<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n sont p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt\u00e9s dan<span class=\"_ _5\"/>s les fr<span class=\"_ _5\"/>ais de p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur les f<span class=\"_ _5\"/>rais d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el et le<span class=\"_ _5\"/>s charge<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res es<span class=\"_ _5\"/>t pr\u00e9<span class=\"_ _5\"/>sent\u00e9 c<span class=\"_ _5\"/>i-<span class=\"_ _5\"/>des<span class=\"_ _5\"/>sous :</div>\n<div class=\"t m0 x7 hb y5e ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9d9 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ycdc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel<span class=\"_ _15d\"> </span><span class=\"ls17 ws19\"> 29,<span class=\"_ _5\"/>3<span class=\"_ _1ce\"> </span><span class=\"ls18 ws1a\"> 20,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hd ycdd ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges financi\u00e8res<span class=\"_ _1f0\"> </span><span class=\"ls90 wsa4\">(45<span class=\"_ _5\"/>,0)<span class=\"_ _1de\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _1\"/>,1)</span></span></div>\n<div class=\"t m0 x7 hf ycde ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x17e h1b ycdf ff7 fs8 fc3 sc0 ls45 ws4a\" style=\"z-index: 15;\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>8)<span class=\"_ _1d4\"> </span><span class=\"lsd4 wsf5\"> 1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 200px; height: 882px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 200px; height: 882px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La c<span class=\"_ _5\"/>harge re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>e dans les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s \u00e9l\u00e9me<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s du r\u00e9su<span class=\"_ _5\"/>ltat glo<span class=\"_ _5\"/>bal es<span class=\"_ _5\"/>t pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>e ci \u2013 des<span class=\"_ _5\"/>sou<span class=\"_ _5\"/>s:</div>\n<div class=\"t m0 x7 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yce0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9c6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes de r\u00e9\u00e9valuation<span class=\"_ _24c\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _23\"> </span><span class=\"ls0 ws0\">(2,2)</span></span></div>\n<div class=\"t m0 x7 hd y9c7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s <span class=\"_ _24d\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _23\"> </span></span>(2,2)</div>\n<div class=\"t m0 x7 hf yce1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x17d h1b yce2 ff7 fs8 fc3 sc0 lsdb wsfb\" style=\"z-index: 15;\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _1d4\"> </span><span class=\"lse8 ws10b\">(<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipales hy<span class=\"_ _5\"/>poth<span class=\"_ _5\"/>\u00e8se<span class=\"_ _5\"/>s appl<span class=\"_ _5\"/>iqu\u00e9e<span class=\"_ _5\"/>s lors d<span class=\"_ _5\"/>u calcu<span class=\"_ _5\"/>l de l\u2019<span class=\"_ _d\"/>obl<span class=\"_ _5\"/>igati<span class=\"_ _5\"/>on \u00e0 la date de cl<span class=\"_ _5\"/>\u00f4ture so<span class=\"_ _5\"/>nt les su<span class=\"_ _5\"/>ivante<span class=\"_ _5\"/>s:</div>\n<div class=\"t m0 x7 hc y28c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _24e\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yce3 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>au<span class=\"_ _5\"/>x d<span class=\"_ _d\"/>'inflat<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x53 hd yce4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pre<span class=\"_ _5\"/>mi\u00e8r<span class=\"_ _5\"/>e ann\u00e9<span class=\"_ _5\"/>e : 6,0<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x100 hd yce5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">An<span class=\"_ _5\"/>n\u00e9e<span class=\"_ _5\"/>s suiv<span class=\"_ _5\"/>ante<span class=\"_ _5\"/>s : 2,<span class=\"_ _5\"/>5%</div>\n<div class=\"t m0 x69 hd yce3 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">2,0%</div>\n<div class=\"t m0 x7 hd yce6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Augmentations salariales future<span class=\"_ _5\"/>s<span class=\"_ _9\"> </span><span class=\"ls0 ws0\">&lt; 4<span class=\"_ _5\"/>0 yo : Inf<span class=\"_ _5\"/>lat<span class=\"_ _5\"/>ion + 1,<span class=\"_ _5\"/>5% M<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>t </span></div>\n<div class=\"t m0 x190 hd yce7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">[40 \u2013 5<span class=\"_ _5\"/>0] yo : Inf<span class=\"_ _5\"/>lati<span class=\"_ _5\"/>on +<span class=\"_ _d\"/>1,0<span class=\"_ _5\"/>% Me<span class=\"_ _5\"/>rit</div>\n<div class=\"t m0 x191 hd yce8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">&gt; 50 yo : I<span class=\"_ _5\"/>nfl<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n + 0,5<span class=\"_ _5\"/>% Mer<span class=\"_ _5\"/>it</div>\n<div class=\"t m0 x69 hd yce6 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">3,0%</div>\n<div class=\"t m0 x7 hd yce9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>olut<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is m\u00e9d<span class=\"_ _5\"/>icau<span class=\"_ _5\"/>x<span class=\"_ _24f\"> </span><span class=\"ls7 ws8\">5,0%<span class=\"_ _1d9\"> </span>5,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x7 hd ycea ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>ables de mor<span class=\"_ _5\"/>talit\u00e9<span class=\"_ _250\"> </span><span class=\"ls3b ws43\">MR/FR-2<span class=\"_ _e9\"> </span>MR/FR-2</span></div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion ont \u00e9<span class=\"_ _5\"/>t\u00e9 d\u00e9te<span class=\"_ _5\"/>rmin\u00e9<span class=\"_ _5\"/>s par r\u00e9<span class=\"_ _5\"/>f\u00e9ren<span class=\"_ _5\"/>ce aux re<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s du march<span class=\"_ _5\"/>\u00e9 \u00e0 la date du bi<span class=\"_ _5\"/>lan. Le<span class=\"_ _5\"/>s taux d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n utili<span class=\"_ _5\"/>s\u00e9s en</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2 vari<span class=\"_ _5\"/>ent ent<span class=\"_ _5\"/>re 3,<span class=\"_ _5\"/>25 % e<span class=\"_ _5\"/>t 3,9<span class=\"_ _5\"/>0 % (2021: -<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>30 % \u00e0 1,<span class=\"_ _5\"/>10 %<span class=\"_ _d\"/>).</div>\n<div class=\"t m0 x7 hc yceb ff5 fs7 fc2 sc0 lsa2 wsb5\" style=\"z-index: 15;\">AVANT<span class=\"_ _1\"/>AGES<span class=\"_ _1c8\"> </span><span class=\"ff7 ls41 ws4b\">DUR\u00c9E<span class=\"_ _251\"> </span><span class=\"lsd1 wsb2\">TAU<span class=\"_ _5\"/>X D\u2019A<span class=\"_ _5\"/>C<span class=\"_ _5\"/>TUA<span class=\"_ _5\"/>LI<span class=\"_ _5\"/>SAT<span class=\"_ _5\"/>IO<span class=\"_ _5\"/>N<span class=\"_ _36\"> </span></span></span><span class=\"fc0 ls6 ws7\">PASS<span class=\"_ _5\"/>IF<span class=\"_ _d\"/> NET</span></div>\n<div class=\"t m0 xa5 hc ycec ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _252\"> </span> <span class=\"_ _137\"> </span><span class=\"ff7 lse ws10\">2022<span class=\"_ _fd\"> </span><span class=\"lsf ws11\">2021<span class=\"_ _4d\"> </span></span><span class=\"fc0\">2022</span></span></div>\n<div class=\"t m0 x7 hd yced ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Allocations familiales<span class=\"_ _245\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>5<span class=\"_ _be\"> </span><span class=\"ls14 ws16\">3,<span class=\"_ _5\"/>85%<span class=\"_ _35\"> </span><span class=\"ls18 ws1a\">0,65%<span class=\"_ _d8\"> </span><span class=\"ls43 ws4d\"> 11,8</span></span></span></span></div>\n<div class=\"t m0 x7 hd ycee ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Banque<span class=\"_ _253\"> </span><span class=\"ls3b ws43\">12,1<span class=\"_ _fb\"> </span><span class=\"ls1b ws1d\">3,7<span class=\"_ _5\"/>5%<span class=\"_ _fb\"> </span><span class=\"ls2b ws2d\">1,10<span class=\"_ _5\"/>%<span class=\"_ _c0\"> </span></span> 1<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd ycef ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">D\u00e9penses fun\u00e9raires<span class=\"_ _f2\"> </span><span class=\"ls28 ws2a\">6,4<span class=\"_ _17e\"> </span><span class=\"ls14 ws16\">3<span class=\"_ _5\"/>,85%<span class=\"_ _17e\"> </span><span class=\"lsc7 wse7\">0,80%<span class=\"_ _c1\"> </span></span> 1,9</span></span></div>\n<div class=\"t m0 x7 hd ycf0 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Gratif<span class=\"_ _5\"/>ication<span class=\"_ _22f\"> </span><span class=\"ls0 ws0\">de 10,<span class=\"_ _5\"/>9 \u00e0 12<span class=\"_ _5\"/>,4<span class=\"_ _ef\"> </span>de 3<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>5% \u00e0 3,9<span class=\"_ _5\"/>0%<span class=\"_ _21d\"> </span>de 0<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>0% \u00e0 1,0<span class=\"_ _5\"/>0%<span class=\"_ _c0\"> </span></span> 1,3</div>\n<div class=\"t m0 x7 hd ycf1 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">A<span class=\"_ _5\"/>ssurance group<span class=\"_ _5\"/>e<span class=\"_ _18a\"> </span><span class=\"ls0 ws0\">d<span class=\"_ _5\"/>e 10,2 \u00e0 1<span class=\"_ _5\"/>8,0<span class=\"_ _254\"> </span>de 3<span class=\"_ _5\"/>,<span class=\"_ _d\"/>75% \u00e0 3<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>5%<span class=\"_ _dd\"> </span>de 0,<span class=\"_ _5\"/>95% \u00e0 1<span class=\"_ _5\"/>,10%<span class=\"_ _c0\"> </span><span class=\"ls18 ws1a\"> 0,6</span></span></div>\n<div class=\"t m0 x7 hd ycf2 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Abs<span class=\"_ _5\"/>ences cumul\u00e9es<span class=\"_ _255\"> </span><span class=\"ls1b ws1d\">2,7<span class=\"_ _fb\"> </span><span class=\"ls14 ws16\">3,65%<span class=\"_ _cc\"> </span></span></span>-0,0<span class=\"_ _5\"/>5%<span class=\"_ _c3\"> </span><span class=\"ls90 wsa4\"> 14<span class=\"_ _5\"/>,9</span></div>\n<div class=\"t m0 x7 hd ycf3 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Compensation d'accidents de travail<span class=\"_ _fe\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>,2<span class=\"_ _fb\"> </span><span class=\"ls1b ws1d\">3<span class=\"_ _5\"/>,75<span class=\"_ _5\"/>%<span class=\"_ _17e\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>95%<span class=\"_ _c3\"> </span><span class=\"ls27 ws29\"> 98,8</span></span></span></span></div>\n<div class=\"t m0 x7 hd ycf4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s m\u00e9d<span class=\"_ _5\"/>icau<span class=\"_ _5\"/>x d'accid<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de tr<span class=\"_ _5\"/>avai<span class=\"_ _5\"/>l<span class=\"_ _20e\"> </span><span class=\"ls28 ws2a\">13,6<span class=\"_ _fb\"> </span><span class=\"ls1b ws1d\">3<span class=\"_ _5\"/>,75<span class=\"_ _5\"/>%<span class=\"_ _35\"> </span><span class=\"ls2b ws2d\">1,10<span class=\"_ _5\"/>%<span class=\"_ _c0\"> </span></span> 6<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd ycf5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Epargne pension<span class=\"_ _d7\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>9<span class=\"_ _fb\"> </span><span class=\"ls14 ws16\">3,8<span class=\"_ _5\"/>5%<span class=\"_ _17e\"> </span><span class=\"ls18 ws1a\">0,8<span class=\"_ _5\"/>5%<span class=\"_ _c3\"> </span> 80,0</span></span></span></div>\n<div class=\"t m0 x7 hd ycf6 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Prime de jubil\u00e9e<span class=\"_ _256\"> </span><span class=\"ls0 ws0\">de 5,<span class=\"_ _5\"/>4 \u00e0 6,7<span class=\"_ _206\"> </span>d<span class=\"_ _5\"/>e 3,8<span class=\"_ _5\"/>0% \u00e0 3<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>0%<span class=\"_ _254\"> </span>de 0,<span class=\"_ _5\"/>60<span class=\"_ _5\"/>% \u00e0 0,75%<span class=\"_ _c0\"> </span></span> 0,9</div>\n<div class=\"t m0 x7 hd ycf7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DSPR p<span class=\"_ _5\"/>our Jo<span class=\"_ _5\"/>b Mob<span class=\"_ _5\"/>ilit<span class=\"_ _5\"/>y Cent<span class=\"_ _5\"/>er<span class=\"_ _128\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>5<span class=\"_ _35\"> </span><span class=\"lsba wsda\">3,90%<span class=\"_ _17e\"> </span><span class=\"ls18 ws1a\">0,8<span class=\"_ _5\"/>5%<span class=\"_ _c3\"> </span><span class=\"ls3b ws43\"> 12,1</span></span></span></span></div>\n<div class=\"t m0 x7 hd ycf8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9g<span class=\"_ _5\"/>ime de t<span class=\"_ _5\"/>rav<span class=\"_ _5\"/>ail \u00e0 tem<span class=\"_ _5\"/>ps par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>el (54<span class=\"_ _5\"/>+)<span class=\"_ _101\"> </span>de 0,<span class=\"_ _5\"/>9 \u00e0 2,7<span class=\"_ _17e\"> </span><span class=\"ls28 ws2a\">3,60<span class=\"_ _5\"/>%<span class=\"_ _17e\"> </span><span class=\"ls2b ws2d\">0<span class=\"_ _5\"/>,10%<span class=\"_ _c0\"> </span><span class=\"ls14 ws16\"> 4,1</span></span></span></div>\n<div class=\"t m0 x7 hd ycf9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Plan de retraite anticip\u00e9e<span class=\"_ _4a\"> </span><span class=\"ls0 ws0\">de<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>5 \u00e0 1,6<span class=\"_ _21d\"> </span>d<span class=\"_ _5\"/>e 3,<span class=\"_ _5\"/>25% \u00e0 3<span class=\"_ _5\"/>,45%<span class=\"_ _b0\"> </span>de -<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>30% \u00e0 -<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>15%<span class=\"_ _c0\"> </span><span class=\"ls17 ws19\"> 9,2</span></span></div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La d<span class=\"_ _5\"/>ur\u00e9e moy<span class=\"_ _5\"/>enne de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion au t<span class=\"_ _5\"/>itre de<span class=\"_ _5\"/>s pre<span class=\"_ _5\"/>stat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>\u00e9fin<span class=\"_ _5\"/>ies es<span class=\"_ _5\"/>t de 9,0 a<span class=\"_ _5\"/>ns fin 2<span class=\"_ _5\"/>022 (202<span class=\"_ _5\"/>1: 11,0 ans).</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une an<span class=\"_ _5\"/>alys<span class=\"_ _5\"/>e de sen<span class=\"_ _5\"/>sibilit\u00e9 q<span class=\"_ _5\"/>uantit<span class=\"_ _5\"/>ative p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es signi<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ative<span class=\"_ _5\"/>s au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 20<span class=\"_ _5\"/>22 a \u00e9t\u00e9 d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9e s<span class=\"_ _5\"/>ur bas<span class=\"_ _5\"/>e d'une m\u00e9t<span class=\"_ _5\"/>hode q<span class=\"_ _5\"/>ui</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ex<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>apole l'im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur l'obliga<span class=\"_ _5\"/>tion au t<span class=\"_ _5\"/>itre d<span class=\"_ _5\"/>es pre<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>\u00e9fi<span class=\"_ _5\"/>nies \u00e0 la s<span class=\"_ _5\"/>uite de cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nts r<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>nnable<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es cl\u00e9<span class=\"_ _5\"/>s sur<span class=\"_ _5\"/>venan<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 la f<span class=\"_ _5\"/>in de la p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de de rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ting<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te ana<span class=\"_ _5\"/>lyse d<span class=\"_ _5\"/>e sens<span class=\"_ _5\"/>ibilit\u00e9 e<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>crite c<span class=\"_ _5\"/>i-<span class=\"_ _5\"/>des<span class=\"_ _5\"/>sous<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hc ycfa ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x13b hc ycfb ff7 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">TAU<span class=\"_ _5\"/>X D\u2019A<span class=\"_ _5\"/>C<span class=\"_ _5\"/>TUA<span class=\"_ _5\"/>LI<span class=\"_ _5\"/>SAT<span class=\"_ _5\"/>IO<span class=\"_ _5\"/>N</div>\n<div class=\"t m0 x94 hc ycfa ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TAB<span class=\"_ _5\"/>LE DE<span class=\"ff5\"> </span></div>\n<div class=\"t m0 x119 hc ycfb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">MORTALIT\u00c9 MR/FR</div>\n<div class=\"t m0 x9f hc ycfa ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TAUX D'<span class=\"_ _5\"/>\u00c9V<span class=\"_ _5\"/>OLUT<span class=\"_ _5\"/>ION</div>\n<div class=\"t m0 x131 hc ycfb ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DES FRAIS M\u00c9DICAUX<span class=\"_ _108\"> </span><span class=\"ff5 ls6 ws7\">INFLATION</span></div>\n<div class=\"t m0 x7 hc ycfc ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xd hc ycfd ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">AUGMENTA<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x4e hc ycfc ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE 5<span class=\"_ _5\"/>0 PDB</div>\n<div class=\"t m0 x15b hc ycfd ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">DIMINUTION<span class=\"ff5 ls0 ws0\"> </span></div>\n<div class=\"t m0 x7a hc ycfc ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE 5<span class=\"_ _5\"/>0 PDB</div>\n<div class=\"t m0 x3c hc ycfd ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">DIMINUTION <span class=\"_ _49\"/><span class=\"ff5 ls0 ws0\"> </span></div>\n<div class=\"t m0 x191 hc ycfc ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D'1 A<span class=\"_ _5\"/>NN\u00c9<span class=\"_ _5\"/>E</div>\n<div class=\"t m0 x96 hc ycfd ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">AUGMENT<span class=\"_ _d\"/>ATION<span class=\"_ _d\"/> DE</div>\n<div class=\"t m0 x17d hc ycfc ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0 PDB<span class=\"_ _75\"> </span>50 B<span class=\"_ _5\"/>P IN<span class=\"_ _5\"/>CRE<span class=\"_ _5\"/>AS<span class=\"_ _5\"/>E<span class=\"_ _45\"> </span>5<span class=\"_ _5\"/>0 BP D<span class=\"_ _5\"/>ECRE<span class=\"_ _5\"/>A<span class=\"_ _5\"/>SE</div>\n<div class=\"t m0 x7 hd ycfe ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act s<span class=\"_ _5\"/>ur l'oblig<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on au ti<span class=\"_ _5\"/>tre de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd ycff ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">prest<span class=\"_ _5\"/>ations d\u00e9finies (d<span class=\"_ _d\"/>iminution)<span class=\"_ _d\"/>/</div>\n<div class=\"t m0 x7 hd yd00 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">augment<span class=\"_ _5\"/>ation</div>\n<div class=\"t m0 x183 hd yd01 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(1<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>8)<span class=\"_ _10d\"> </span><span class=\"lsba wsda\"> 13,9<span class=\"_ _b6\"> </span><span class=\"ls26 ws28\"> 3,9</span></span></div>\n<div class=\"t m0 x57 hd yd02 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\"> 0,9<span class=\"_ _bc\"> </span><span class=\"ls12 ws14\"> 7,<span class=\"_ _5\"/>7<span class=\"_ _d4\"> </span>(<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/>)</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 56px; height: 1026px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 56px; height: 1026px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 wsab\" style=\"z-index: 15;\">6.26.1 Ava<span class=\"_ _d\"/>ntages po<span class=\"_ _d\"/>s<span class=\"_ _5\"/>t<span class=\"_ _d\"/>\u00e9rieurs \u00e0 l\u2019<span class=\"_ _3b\"/>emploi</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les av<span class=\"_ _5\"/>anta<span class=\"_ _5\"/>ges pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s \u00e0 l\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>loi rep<span class=\"_ _5\"/>renne<span class=\"_ _5\"/>nt les all<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ions f<span class=\"_ _5\"/>amiliale<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s avanta<span class=\"_ _5\"/>ges ban<span class=\"_ _5\"/>caire<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s frai<span class=\"_ _5\"/>s fun\u00e9<span class=\"_ _5\"/>raire<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s grat<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns pour</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le d\u00e9p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t en ret<span class=\"_ _5\"/>raite e<span class=\"_ _5\"/>t les as<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ances g<span class=\"_ _5\"/>roupe b<span class=\"_ _5\"/>elge<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 hb y84 ff7 fs6 fc3 sc0 ls1e wsd6\" style=\"z-index: 15;\">Allocations fam<span class=\"_ _d\"/>iliales</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel s<span class=\"_ _5\"/>tatu<span class=\"_ _5\"/>taire d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t SA (ac<span class=\"_ _5\"/>tif ou r<span class=\"_ _5\"/>etr<span class=\"_ _5\"/>ait\u00e9) ayant d<span class=\"_ _5\"/>es enf<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s \u00e0 charg<span class=\"_ _5\"/>e (<span class=\"_ _5\"/>jeune<span class=\"_ _5\"/>s et han<span class=\"_ _5\"/>dicap<span class=\"_ _5\"/>\u00e9s) per<span class=\"_ _5\"/>\u00e7oit une all<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion fam<span class=\"_ _5\"/>iliale</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">oc<span class=\"_ _5\"/>troy\u00e9<span class=\"_ _5\"/>e par l\u2019O<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>ce Natio<span class=\"_ _5\"/>nal d\u2019Alloc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s F<span class=\"_ _d\"/>amil<span class=\"_ _5\"/>iales po<span class=\"_ _5\"/>ur T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>availle<span class=\"_ _5\"/>urs S<span class=\"_ _5\"/>alari<span class=\"_ _5\"/>\u00e9s (ONA<span class=\"_ _5\"/>FT<span class=\"_ _5\"/>S). La m\u00e9t<span class=\"_ _5\"/>hod<span class=\"_ _5\"/>e de fin<span class=\"_ _5\"/>ancem<span class=\"_ _5\"/>ent des a<span class=\"_ _5\"/>lloca<span class=\"_ _5\"/>tions</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fam<span class=\"_ _5\"/>iliales p<span class=\"_ _5\"/>our le p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnel s<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>utair<span class=\"_ _5\"/>e a \u00e9t\u00e9 mod<span class=\"_ _5\"/>ifi\u00e9<span class=\"_ _5\"/>e suite \u00e0 un c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent de lo<span class=\"_ _5\"/>i (loi du 19 d<span class=\"_ _5\"/>\u00e9cemb<span class=\"_ _5\"/>re 2014<span class=\"_ _d\"/>). Par con<span class=\"_ _5\"/>s\u00e9q<span class=\"_ _5\"/>uent<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t en ta<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qu\u2019ins<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>ution p<span class=\"_ _5\"/>ubliqu<span class=\"_ _5\"/>e paie une co<span class=\"_ _5\"/>ntri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n d\u00e9f<span class=\"_ _5\"/>inie par u<span class=\"_ _5\"/>ne loi \u2013 pr<span class=\"_ _5\"/>ogram<span class=\"_ _5\"/>me. Le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t est a<span class=\"_ _5\"/>dapt\u00e9 cha<span class=\"_ _5\"/>que ann<span class=\"_ _5\"/>\u00e9e pro<span class=\"_ _5\"/>por<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nnell<span class=\"_ _5\"/>ement a<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nom<span class=\"_ _5\"/>bre de fo<span class=\"_ _5\"/>nct<span class=\"_ _5\"/>ionnai<span class=\"_ _5\"/>res (\u00e9qui<span class=\"_ _5\"/>valen<span class=\"_ _5\"/>ts te<span class=\"_ _5\"/>mps plei<span class=\"_ _5\"/>n<span class=\"_ _d\"/>) et e<span class=\"_ _5\"/>st s<span class=\"_ _5\"/>oumis \u00e0 l\u2019i<span class=\"_ _5\"/>nflat<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 hb y8a ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Banque</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel s<span class=\"_ _5\"/>tatu<span class=\"_ _5\"/>taire e<span class=\"_ _5\"/>t contr<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tuel de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t SA (ac<span class=\"_ _5\"/>tif ou re<span class=\"_ _5\"/>trai<span class=\"_ _5\"/>t\u00e9) peut b<span class=\"_ _5\"/>\u00e9n\u00e9<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ier d\u2019une r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion s<span class=\"_ _5\"/>ur les fr<span class=\"_ _5\"/>ais adm<span class=\"_ _5\"/>inist<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ifs du com<span class=\"_ _5\"/>pte</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cour<span class=\"_ _5\"/>ant, ai<span class=\"_ _5\"/>nsi que d<span class=\"_ _5\"/>e taux d<span class=\"_ _5\"/>\u2019int\u00e9r\u00ea<span class=\"_ _5\"/>t avant<span class=\"_ _5\"/>ageux e<span class=\"_ _5\"/>t/ou r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tions s<span class=\"_ _5\"/>ur les com<span class=\"_ _5\"/>ptes d\u2019\u00e9par<span class=\"_ _5\"/>gne, le<span class=\"_ _5\"/>s fonds d<span class=\"_ _5\"/>\u2019inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent, le<span class=\"_ _5\"/>s as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ces et le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">pr\u00eat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 hb y8 ff5 fs6 fc3 sc0 ls36 ws3e\" style=\"z-index: 15;\">A<span class=\"_ _5\"/>ssurance groupe</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st oc<span class=\"_ _5\"/>tro<span class=\"_ _5\"/>ie \u00e0 son p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l contr<span class=\"_ _5\"/>act<span class=\"_ _5\"/>uel ac<span class=\"_ _5\"/>tif (s<span class=\"_ _5\"/>ous cer<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>ines co<span class=\"_ _5\"/>nditio<span class=\"_ _5\"/>ns comm<span class=\"_ _5\"/>e le niveau d<span class=\"_ _5\"/>e fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n<span class=\"_ _d\"/>) une a<span class=\"_ _5\"/>ssur<span class=\"_ _5\"/>ance gr<span class=\"_ _5\"/>oupe<span class=\"_ _5\"/>. Depui<span class=\"_ _5\"/>s l\u2019intro<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de la loi sur l<span class=\"_ _5\"/>es pen<span class=\"_ _5\"/>sions co<span class=\"_ _5\"/>mpl\u00e9m<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>ires en B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>que, ce<span class=\"_ _5\"/>s plans on<span class=\"_ _5\"/>t des ca<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>iques d<span class=\"_ _5\"/>e r\u00e9gim<span class=\"_ _5\"/>e \u00e0 pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ions d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>es en ve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la n<span class=\"_ _5\"/>orme I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9.</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019employ<span class=\"_ _5\"/>eur doi<span class=\"_ _5\"/>t l\u00e9gale<span class=\"_ _5\"/>ment g<span class=\"_ _5\"/>arant<span class=\"_ _5\"/>ir un ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt donn<span class=\"_ _5\"/>\u00e9 sur les a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime. Av<span class=\"_ _5\"/>ant le chan<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t de la loi su<span class=\"_ _5\"/>r les pe<span class=\"_ _5\"/>nsion<span class=\"_ _5\"/>s compl\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>taire<span class=\"_ _5\"/>s fin 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>1<span class=\"_ _5\"/>5, bpos<span class=\"_ _5\"/>t dev<span class=\"_ _5\"/>ait four<span class=\"_ _5\"/>nir le re<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent minim<span class=\"_ _5\"/>um l\u00e9ga<span class=\"_ _5\"/>l de 3,<span class=\"_ _5\"/>25 % su<span class=\"_ _5\"/>r les cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>loyeur (apr\u00e8<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is sur pr<span class=\"_ _5\"/>imes) et</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">3,75 % sur le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>ons de<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res du p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>. Le ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt minimu<span class=\"_ _5\"/>m l\u00e9gal s<span class=\"_ _5\"/>ur les cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>loyeur e<span class=\"_ _5\"/>st un re<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">moye<span class=\"_ _5\"/>n sur la ca<span class=\"_ _5\"/>rri\u00e8<span class=\"_ _5\"/>re et no<span class=\"_ _5\"/>n pas un re<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent ann<span class=\"_ _5\"/>uel o\u00f9 le mi<span class=\"_ _5\"/>nimum l\u00e9g<span class=\"_ _5\"/>al sur le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>ons de<span class=\"_ _5\"/>s membr<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onnel d<span class=\"_ _5\"/>evr<span class=\"_ _5\"/>ait \u00eatr<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">accord<span class=\"_ _d\"/>\u00e9 d\u2019<span class=\"_ _d\"/>ann\u00e9e en<span class=\"_ _d\"/> ann\u00e9e.</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Bie<span class=\"_ _5\"/>n que l\u2019appro<span class=\"_ _5\"/>che ne s<span class=\"_ _5\"/>oit touj<span class=\"_ _5\"/>ours p<span class=\"_ _5\"/>as compl\u00e8<span class=\"_ _5\"/>teme<span class=\"_ _5\"/>nt clar<span class=\"_ _5\"/>ifi\u00e9<span class=\"_ _5\"/>e, la no<span class=\"_ _5\"/>uvelle l\u00e9<span class=\"_ _5\"/>gisla<span class=\"_ _5\"/>tion de d<span class=\"_ _5\"/>\u00e9cemb<span class=\"_ _5\"/>re 2015 a ap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t\u00e9 plu<span class=\"_ _5\"/>s de pr\u00e9<span class=\"_ _5\"/>cision<span class=\"_ _5\"/>s sur les</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tau<span class=\"_ _5\"/>x de ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt minimu<span class=\"_ _5\"/>m gara<span class=\"_ _5\"/>ntis<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>\u2019ince<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>itud<span class=\"_ _5\"/>e concer<span class=\"_ _5\"/>nant l\u2019\u00e9volut<span class=\"_ _5\"/>ion fu<span class=\"_ _5\"/>ture de<span class=\"_ _5\"/>s taux d<span class=\"_ _5\"/>e rend<span class=\"_ _5\"/>ement m<span class=\"_ _5\"/>inimum ga<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>is en Be<span class=\"_ _5\"/>lgiqu<span class=\"_ _5\"/>e a \u00e9t\u00e9</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lev\u00e9<span class=\"_ _5\"/>e avec l'adap<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n de la loi su<span class=\"_ _5\"/>r les pe<span class=\"_ _5\"/>nsion<span class=\"_ _5\"/>s compl\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>aires (<span class=\"_ _5\"/>WAP/LPC) f<span class=\"_ _5\"/>in d\u00e9ce<span class=\"_ _5\"/>mbre 201<span class=\"_ _5\"/>5. A par<span class=\"_ _5\"/>tir d<span class=\"_ _5\"/>e 201<span class=\"_ _d\"/>6, l<span class=\"_ _5\"/>e rende<span class=\"_ _5\"/>ment mi<span class=\"_ _5\"/>nimal po<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les co<span class=\"_ _5\"/>ntrib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>ns fut<span class=\"_ _5\"/>ures cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>pond \u00e0 un p<span class=\"_ _5\"/>ource<span class=\"_ _5\"/>ntage du r<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment mo<span class=\"_ _5\"/>yen des 24 d<span class=\"_ _5\"/>erni<span class=\"_ _5\"/>ers m<span class=\"_ _5\"/>ois pou<span class=\"_ _5\"/>r des ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons lin\u00e9<span class=\"_ _5\"/>aires \u00e0 10 an<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">avec u<span class=\"_ _5\"/>n minimum de 1<span class=\"_ _5\"/>,<span class=\"_ _d\"/>75 % par a<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Bie<span class=\"_ _5\"/>n qu'il n'y ait pas s<span class=\"_ _5\"/>ur le march<span class=\"_ _5\"/>\u00e9 de cons<span class=\"_ _5\"/>ensu<span class=\"_ _5\"/>s int\u00e9gr<span class=\"_ _5\"/>al conce<span class=\"_ _5\"/>rnant la m<span class=\"_ _5\"/>\u00e9th<span class=\"_ _5\"/>odolo<span class=\"_ _5\"/>gie, en 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>18<span class=\"_ _5\"/>, la m\u00e9t<span class=\"_ _5\"/>hodo<span class=\"_ _5\"/>logie s<span class=\"_ _5\"/>ous \u2013 jace<span class=\"_ _5\"/>nte utilis<span class=\"_ _5\"/>\u00e9e p<span class=\"_ _5\"/>our la</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on IA<span class=\"_ _5\"/>S19 de ce<span class=\"_ _5\"/>s plans \u00e0 con<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ution<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>inies a \u00e9<span class=\"_ _5\"/>t\u00e9 aff<span class=\"_ _5\"/>in\u00e9e e<span class=\"_ _5\"/>n tenant co<span class=\"_ _5\"/>mpte de l'\u00e9volu<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s m\u00e9t<span class=\"_ _5\"/>hodo<span class=\"_ _5\"/>logie<span class=\"_ _5\"/>s sur le mar-</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ch\u00e9<span class=\"_ _5\"/>, en ver<span class=\"_ _5\"/>tu de n<span class=\"_ _5\"/>ouvea<span class=\"_ _5\"/>ux ens<span class=\"_ _5\"/>eigne<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t contin<span class=\"_ _5\"/>ue \u00e0 utili<span class=\"_ _5\"/>ser la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>dolog<span class=\"_ _5\"/>ie PUC (pr<span class=\"_ _5\"/>ojec<span class=\"_ _5\"/>ted uni<span class=\"_ _5\"/>t credi<span class=\"_ _5\"/>t), mais san<span class=\"_ _5\"/>s proje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>t salai<span class=\"_ _5\"/>res fu<span class=\"_ _5\"/>turs<span class=\"_ _5\"/>, car le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ions n'augme<span class=\"_ _5\"/>ntent pa<span class=\"_ _5\"/>s avec l'\u00e2ge. L<span class=\"_ _5\"/>a seu<span class=\"_ _5\"/>le rais<span class=\"_ _5\"/>on pou<span class=\"_ _5\"/>r laque<span class=\"_ _5\"/>lle les con<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ution<span class=\"_ _5\"/>s peuv<span class=\"_ _5\"/>ent</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">augm<span class=\"_ _5\"/>enter s<span class=\"_ _5\"/>ensi<span class=\"_ _5\"/>bleme<span class=\"_ _5\"/>nt \u00e0 un st<span class=\"_ _5\"/>ade ult\u00e9<span class=\"_ _5\"/>rieu<span class=\"_ _5\"/>r de la car<span class=\"_ _5\"/>ri\u00e8<span class=\"_ _5\"/>re es<span class=\"_ _5\"/>t li\u00e9e \u00e0 d<span class=\"_ _5\"/>es augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tions s<span class=\"_ _5\"/>alar<span class=\"_ _5\"/>iales pl<span class=\"_ _5\"/>us \u00e9lev\u00e9<span class=\"_ _5\"/>es qu<span class=\"_ _5\"/>e les ind<span class=\"_ _5\"/>exat<span class=\"_ _5\"/>ions dan<span class=\"_ _5\"/>s les</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">plan<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>\u00e9<span class=\"_ _5\"/>chelo<span class=\"_ _5\"/>nneme<span class=\"_ _5\"/>nt. b<span class=\"_ _5\"/>post a<span class=\"_ _5\"/>ppliq<span class=\"_ _5\"/>ue le par<span class=\"_ _5\"/>agrap<span class=\"_ _5\"/>he 115 d<span class=\"_ _5\"/>e la nor<span class=\"_ _5\"/>me IA<span class=\"_ _5\"/>S 19. Le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs e<span class=\"_ _5\"/>t pass<span class=\"_ _5\"/>ifs s<span class=\"_ _5\"/>ont d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>\u00e9s en te<span class=\"_ _5\"/>nant compt<span class=\"_ _5\"/>e des</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gar<span class=\"_ _5\"/>anti<span class=\"_ _5\"/>es d'int\u00e9r<span class=\"_ _5\"/>\u00eat cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuell<span class=\"_ _5\"/>es sur le<span class=\"_ _5\"/>s r\u00e9s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ves mat<span class=\"_ _5\"/>h\u00e9mat<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s, gar<span class=\"_ _5\"/>anti<span class=\"_ _5\"/>es par la co<span class=\"_ _5\"/>mpagni<span class=\"_ _5\"/>e d'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ance. L<span class=\"_ _1\"/>'appli<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n du para<span class=\"_ _5\"/>grap<span class=\"_ _5\"/>he 115</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>ut entr<span class=\"_ _5\"/>a\u00eene<span class=\"_ _5\"/>r une augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de l'ac<span class=\"_ _5\"/>tif lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue les t<span class=\"_ _5\"/>aux d'int\u00e9<span class=\"_ _5\"/>r\u00eat gar<span class=\"_ _5\"/>anti<span class=\"_ _5\"/>s sont su<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s au tau<span class=\"_ _5\"/>x d'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on, ce qui s<span class=\"_ _5\"/>e tra<span class=\"_ _5\"/>duit par un<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>e la det<span class=\"_ _5\"/>te net<span class=\"_ _5\"/>te.</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te net<span class=\"_ _5\"/>te pour l<span class=\"_ _5\"/>es avant<span class=\"_ _5\"/>ages p<span class=\"_ _5\"/>ost\u00e9<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>urs \u00e0 l\u2019emploi co<span class=\"_ _5\"/>mpre<span class=\"_ _5\"/>nd les \u00e9l<span class=\"_ _5\"/>\u00e9ment<span class=\"_ _5\"/>s sui<span class=\"_ _5\"/>vant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hb y20d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd03 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd04 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _257\"> </span><span class=\"ls20 ws22\"> 78,<span class=\"_ _5\"/>8<span class=\"_ _1fd\"> </span><span class=\"ls2b ws2d\"> 10<span class=\"_ _5\"/>9,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hd yd05 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime<span class=\"_ _241\"> </span><span class=\"ls2b ws2d\">(61,<span class=\"_ _5\"/>5)<span class=\"_ _1e8\"> </span>(86<span class=\"_ _5\"/>,5)</span></div>\n<div class=\"t m0 x7 hd yd06 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _d\"/> net<span class=\"_ _5\"/>tes<span class=\"_ _258\"> </span><span class=\"ls12 ws14\"> 17,<span class=\"_ _2\"/>3<span class=\"_ _1f5\"> </span><span class=\"ls26 ws28\"> 2<span class=\"_ _5\"/>3,3</span></span></div>\n<div class=\"t m0 x7 hf yd07 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 x17d h1b yd08 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> 17,<span class=\"_ _5\"/>3<span class=\"_ _1d4\"> </span><span class=\"ls0 ws0\"> 2<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yd09 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s au pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel f<span class=\"_ _5\"/>igu<span class=\"_ _5\"/>rant a<span class=\"_ _5\"/>u bila<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x7 hd yd0a ff4 fs8 fc2 sc0 ls27 ws29\" style=\"z-index: 15;\">Dettes<span class=\"_ _259\"> </span><span class=\"ls12 ws14\"> 17,<span class=\"_ _2\"/>3<span class=\"_ _1f5\"> </span><span class=\"ls26 ws28\"> 2<span class=\"_ _5\"/>3,3</span></span></div>\n<div class=\"t m0 x7 hf yd0b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 x17d h1b yd0c ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> 17,<span class=\"_ _5\"/>3<span class=\"_ _1d4\"> </span><span class=\"ls0 ws0\"> 2<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 163px; height: 919px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 163px; height: 919px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s dans la v<span class=\"_ _5\"/>aleur ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle des o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>ociale<span class=\"_ _5\"/>s sont l<span class=\"_ _5\"/>es suiv<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hc y925 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd0d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>le au 1er ja<span class=\"_ _5\"/>nvie<span class=\"_ _5\"/>r <span class=\"_ _25a\"> </span><span class=\"ls2b ws2d\"> 109,<span class=\"_ _5\"/>8<span class=\"_ _1fd\"> </span><span class=\"ls43 ws4d\"> 11<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd yd0e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x170 hd yd0f ff4 fs8 fc2 sc0 ls43 ws4d\" style=\"z-index: 15;\"> 11,1<span class=\"_ _1e2\"> </span><span class=\"ls1b ws1d\"> 1<span class=\"_ _5\"/>1,7</span></div>\n<div class=\"t m0 x7 hd yd10 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x170 hd yd11 ff4 fs8 fc2 sc0 ls43 ws4d\" style=\"z-index: 15;\"> 11,1<span class=\"_ _1e2\"> </span><span class=\"ls1b ws1d\"> 1<span class=\"_ _5\"/>1,7</span></div>\n<div class=\"t m0 x7 hd yd12 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _243\"> </span> 1,1<span class=\"_ _1ee\"> </span><span class=\"ls18 ws1a\"> 0,6</span></div>\n<div class=\"t m0 x7 hd yd13 ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _244\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>2)<span class=\"_ _233\"> </span>(10,<span class=\"_ _5\"/>5)</span></div>\n<div class=\"t m0 x7 hd yd14 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s<span class=\"_ _255\"> </span><span class=\"ls18 ws1a\"> 0,<span class=\"_ _5\"/>0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd yd15 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s <span class=\"_ _25a\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _25b\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd yd16 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s aut<span class=\"_ _5\"/>res \u00e9l<span class=\"_ _5\"/>\u00e9me<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>u r\u00e9su<span class=\"_ _5\"/>ltat</div>\n<div class=\"t m0 x7 hd yd17 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">global</div>\n<div class=\"t m0 xd8 hd yd16 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(32,<span class=\"_ _5\"/>0)<span class=\"_ _23\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>2<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hd yd18 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels<span class=\"_ _168\"> </span><span class=\"ls0 ws0\">(3<span class=\"_ _5\"/>2,0)<span class=\"_ _23\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _2\"/>7,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7 hf yd19 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">OBLIGA<span class=\"_ _1\"/>TION AU TITRE DES PREST<span class=\"_ _d\"/>A<span class=\"_ _1\"/>TIONS AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x125 h1b yd1a ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 78<span class=\"_ _5\"/>,8<span class=\"_ _1f7\"> </span> 1<span class=\"_ _5\"/>09,<span class=\"_ _5\"/>8</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs du r<span class=\"_ _5\"/>\u00e9gime e<span class=\"_ _5\"/>st p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt\u00e9e com<span class=\"_ _5\"/>me suit :</div>\n<div class=\"t m0 x7 hc yd1b ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd1c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime au 1e<span class=\"_ _5\"/>r janvi<span class=\"_ _5\"/>er<span class=\"_ _56\"> </span><span class=\"ls2b ws2d\">(86,<span class=\"_ _5\"/>5)<span class=\"_ _1e8\"> </span>(88<span class=\"_ _5\"/>,5)</span></div>\n<div class=\"t m0 x7 hd yd1d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Contr<span class=\"_ _5\"/>ibutions de l'employeur<span class=\"_ _247\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>3)<span class=\"_ _134\"> </span>(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>3)</span></div>\n<div class=\"t m0 x7 hd yd1e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Con<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uti<span class=\"_ _5\"/>ons de<span class=\"_ _5\"/>s mem<span class=\"_ _5\"/>bres d<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel<span class=\"_ _17c\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,6)<span class=\"_ _1de\"> </span>(1,6<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hd yd1f ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _193\"> </span><span class=\"ls43 ws4d\"> 11,2<span class=\"_ _1e2\"> </span><span class=\"ls2b ws2d\"> 10,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd yd20 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Rev<span class=\"_ _5\"/>enus)/char<span class=\"_ _5\"/>ges d'in<span class=\"_ _5\"/>t\u00e9r\u00ea<span class=\"_ _5\"/>t sur le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs (<span class=\"_ _5\"/>inclu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s)<span class=\"_ _18a\"> </span>(0<span class=\"_ _5\"/>,9)<span class=\"_ _23\"> </span>(0,6)</div>\n<div class=\"t m0 x7 hd yd21 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel s<span class=\"_ _5\"/>ur les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs (in<span class=\"_ _5\"/>clus da<span class=\"_ _5\"/>ns les a<span class=\"_ _5\"/>utr<span class=\"_ _5\"/>es \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du</div>\n<div class=\"t m0 x7 hd yd22 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">r\u00e9sult<span class=\"_ _5\"/>at)</div>\n<div class=\"t m0 x170 hd yd21 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\"> 26<span class=\"_ _5\"/>,7<span class=\"_ _1ee\"> </span><span class=\"ls7 ws8\"> 5,0</span></div>\n<div class=\"t m0 x7 hf yd23 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">JUSTE V<span class=\"_ _d\"/>ALEUR DES ACTIF<span class=\"_ _d\"/>S DU R\u00c9GIME AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x17e h1b yd24 ff7 fs8 fc3 sc0 ls90 wsa4\" style=\"z-index: 15;\">(61<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _9a\"> </span>(86<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La c<span class=\"_ _5\"/>harge ne<span class=\"_ _5\"/>tte r<span class=\"_ _5\"/>econn<span class=\"_ _5\"/>ue dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>st pr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>t\u00e9e ci \u2013 de<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>us :</div>\n<div class=\"t m0 x7 hb y433 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd25 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd26 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x10a hd yd27 ff4 fs8 fc2 sc0 ls17 ws19\" style=\"z-index: 15;\"> 9,<span class=\"_ _5\"/>5<span class=\"_ _1f5\"> </span><span class=\"ls2b ws2d\"> 10,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd yd28 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x10a hd yd29 ff4 fs8 fc2 sc0 ls17 ws19\" style=\"z-index: 15;\"> 9,<span class=\"_ _5\"/>5<span class=\"_ _1f5\"> </span><span class=\"ls2b ws2d\"> 10,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd yd2a ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _243\"> </span><span class=\"ls18 ws1a\"> 0,1<span class=\"_ _1ee\"> </span> 0,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd yd2b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes de r\u00e9\u00e9valuation<span class=\"_ _112\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd yd2c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme co\u00fbts financiers<span class=\"_ _25c\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd yd2d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme charges d'<span class=\"_ _d\"/>exploitation<span class=\"_ _24b\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _25b\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hf yd2e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x10a h1b yd2f ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 9,6<span class=\"_ _1d4\"> </span> 10<span class=\"_ _5\"/>,1</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur les f<span class=\"_ _5\"/>rais d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el et le<span class=\"_ _5\"/>s charge<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res es<span class=\"_ _5\"/>t pr\u00e9<span class=\"_ _5\"/>sent\u00e9 c<span class=\"_ _5\"/>i \u2013 des<span class=\"_ _5\"/>sous :</div>\n<div class=\"t m0 x7 hb y62 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd30 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd31 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel<span class=\"_ _1e5\"> </span><span class=\"ls17 ws19\"> 9,5<span class=\"_ _1e2\"> </span><span class=\"ls2b ws2d\"> 10,0</span></span></div>\n<div class=\"t m0 x7 hd yd32 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges financi\u00e8res<span class=\"_ _25d\"> </span><span class=\"ls18 ws1a\"> 0,1<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hf yd33 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x10a h1b yd34 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 9,6<span class=\"_ _1d4\"> </span> 10<span class=\"_ _5\"/>,1</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 140px; height: 942px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 140px; height: 942px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La c<span class=\"_ _5\"/>harge re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>e dans les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s \u00e9l\u00e9me<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s du r\u00e9su<span class=\"_ _5\"/>ltat glo<span class=\"_ _5\"/>bal es<span class=\"_ _5\"/>t pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>e ci \u2013 des<span class=\"_ _5\"/>sou<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes de r\u00e9\u00e9valuation<span class=\"_ _24c\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _23\"> </span><span class=\"ls0 ws0\">(2,2)</span></span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels<span class=\"_ _25e\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _23\"> </span><span class=\"ls0 ws0\">(2,2)</span></span></div>\n<div class=\"t m0 x7 hf y993 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x17d h1b y994 ff7 fs8 fc3 sc0 lsdb wsfb\" style=\"z-index: 15;\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _1d4\"> </span><span class=\"lse8 ws10b\">(<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x5 h1a y8b ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.26.2 Autres ava<span class=\"_ _d\"/>ntag<span class=\"_ _d\"/>es \u00e0 long t<span class=\"_ _d\"/>erme</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e compre<span class=\"_ _5\"/>nnent l<span class=\"_ _5\"/>a r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion des a<span class=\"_ _5\"/>bsen<span class=\"_ _5\"/>ces cumu<span class=\"_ _5\"/>l\u00e9es<span class=\"_ _5\"/>, les jo<span class=\"_ _5\"/>urs d\u2019\u00e9par<span class=\"_ _5\"/>gne \u2013 pe<span class=\"_ _5\"/>nsion<span class=\"_ _5\"/>, le r\u00e9gi<span class=\"_ _5\"/>me de tr<span class=\"_ _5\"/>avail \u00e0</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">temp<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>l, les pl<span class=\"_ _5\"/>ans de com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n et fra<span class=\"_ _5\"/>is m\u00e9d<span class=\"_ _5\"/>icaux a<span class=\"_ _5\"/>ccord\u00e9<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>es accid<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de tr<span class=\"_ _5\"/>avail, le<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>mes de ju<span class=\"_ _5\"/>bil\u00e9 et le DS<span class=\"_ _5\"/>PR pour le J<span class=\"_ _5\"/>ob</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Mobility Cent<span class=\"_ _d\"/>er<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 hb y8f ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">R\u00e9mun\u00e9ration des<span class=\"_ _d\"/> absences cumul\u00e9es</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel s<span class=\"_ _5\"/>tatu<span class=\"_ _5\"/>taire d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t SA re<span class=\"_ _5\"/>\u00e7oive<span class=\"_ _5\"/>nt 21 jour<span class=\"_ _5\"/>s de mala<span class=\"_ _5\"/>die par a<span class=\"_ _5\"/>n. Dur<span class=\"_ _5\"/>ant ces 21 j<span class=\"_ _5\"/>ours e<span class=\"_ _5\"/>t s\u2019ils s<span class=\"_ _5\"/>ont couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts p<span class=\"_ _5\"/>ar un cer<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>i-</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cat m<span class=\"_ _5\"/>\u00e9dic<span class=\"_ _5\"/>al, il<span class=\"_ _5\"/>s per\u00e7o<span class=\"_ _5\"/>ivent 10<span class=\"_ _5\"/>0 % de leur s<span class=\"_ _5\"/>alair<span class=\"_ _5\"/>e. Si au cour<span class=\"_ _5\"/>s de l\u2019ann\u00e9<span class=\"_ _5\"/>e, le fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nnaire n\u2019uti<span class=\"_ _5\"/>lise pa<span class=\"_ _5\"/>s ses 21 j<span class=\"_ _5\"/>ours d<span class=\"_ _5\"/>e maladi<span class=\"_ _5\"/>e, ces jou<span class=\"_ _5\"/>rs pe<span class=\"_ _5\"/>uvent</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00eat<span class=\"_ _5\"/>re cumul\u00e9<span class=\"_ _5\"/>s dans une c<span class=\"_ _5\"/>agno<span class=\"_ _5\"/>tte jus<span class=\"_ _5\"/>qu\u2019\u00e0 un max<span class=\"_ _5\"/>imum de 6<span class=\"_ _5\"/>3 jours (vo<span class=\"_ _5\"/>ir sec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n sur les j<span class=\"_ _5\"/>ours d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>parg<span class=\"_ _5\"/>ne pen<span class=\"_ _5\"/>sion ci \u2013 a<span class=\"_ _5\"/>pr\u00e8s). Les f<span class=\"_ _5\"/>onc<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>aires</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qui s<span class=\"_ _5\"/>ont mala<span class=\"_ _5\"/>des plu<span class=\"_ _5\"/>s de 21 jour<span class=\"_ _5\"/>s au cour<span class=\"_ _5\"/>s de l\u2019ann\u00e9<span class=\"_ _5\"/>e devro<span class=\"_ _5\"/>nt d\u2019abord u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>er la cag<span class=\"_ _5\"/>not<span class=\"_ _5\"/>te cons<span class=\"_ _5\"/>titu\u00e9<span class=\"_ _5\"/>e dura<span class=\"_ _5\"/>nt l\u2019<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>\u00e9e et u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>eront e<span class=\"_ _5\"/>nsuite le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jour<span class=\"_ _5\"/>s \u00e9par<span class=\"_ _5\"/>gn\u00e9<span class=\"_ _5\"/>s au cours d<span class=\"_ _5\"/>es ann<span class=\"_ _5\"/>\u00e9es p<span class=\"_ _5\"/>r\u00e9c\u00e9<span class=\"_ _5\"/>dente<span class=\"_ _5\"/>s. Dur<span class=\"_ _5\"/>ant cet<span class=\"_ _5\"/>te p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de, ils r<span class=\"_ _5\"/>ecev<span class=\"_ _5\"/>ront leu<span class=\"_ _5\"/>r salair<span class=\"_ _5\"/>e \u00e0 100 %<span class=\"_ _5\"/>. A par<span class=\"_ _5\"/>tir du m<span class=\"_ _5\"/>oment o<span class=\"_ _5\"/>\u00f9 leur ca<span class=\"_ _5\"/>gnot<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t utili<span class=\"_ _5\"/>s\u00e9e co<span class=\"_ _5\"/>mpl\u00e8te<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>, ils re<span class=\"_ _5\"/>cevro<span class=\"_ _5\"/>nt un sal<span class=\"_ _5\"/>aire r\u00e9<span class=\"_ _5\"/>duit.</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st S<span class=\"_ _5\"/>A pren<span class=\"_ _5\"/>d \u00e0 sa char<span class=\"_ _5\"/>ge le sal<span class=\"_ _5\"/>aire pay\u00e9 \u00e0 10<span class=\"_ _5\"/>0 % sous le r<span class=\"_ _5\"/>\u00e9gime d<span class=\"_ _5\"/>es jou<span class=\"_ _5\"/>rs disp<span class=\"_ _5\"/>onibl<span class=\"_ _5\"/>es ains<span class=\"_ _5\"/>i que le sa<span class=\"_ _5\"/>laire r\u00e9<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Auc<span class=\"_ _5\"/>une mod<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n dans la m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>dolog<span class=\"_ _5\"/>ie de cal<span class=\"_ _5\"/>cul n\u2019<span class=\"_ _d\"/>a \u00e9t\u00e9 a<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>e par rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t \u00e0 202<span class=\"_ _5\"/>1. La va<span class=\"_ _5\"/>lori<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n se bas<span class=\"_ _5\"/>e sur les f<span class=\"_ _5\"/>utur<span class=\"_ _5\"/>s \u201cpaiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00e9<span class=\"_ _5\"/>vus / so<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ties d<span class=\"_ _5\"/>e liquidi<span class=\"_ _5\"/>t\u00e9s\u201d<span class=\"_ _d\"/>. Ceu<span class=\"_ _5\"/>x \u2013 ci son<span class=\"_ _5\"/>t calcul<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r l\u2019<span class=\"_ _d\"/>ens<span class=\"_ _5\"/>emble d<span class=\"_ _5\"/>e la pop<span class=\"_ _5\"/>ulatio<span class=\"_ _5\"/>n consid<span class=\"_ _5\"/>\u00e9r\u00e9e<span class=\"_ _5\"/>, sur bas<span class=\"_ _5\"/>e d\u2019un cer<span class=\"_ _5\"/>tain s<span class=\"_ _5\"/>ch\u00e9m<span class=\"_ _5\"/>a de \u201cconso<span class=\"_ _5\"/>m-</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mati<span class=\"_ _5\"/>on\u201d obten<span class=\"_ _5\"/>u \u00e0 par<span class=\"_ _5\"/>tir de<span class=\"_ _5\"/>s st<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s relat<span class=\"_ _5\"/>ives a<span class=\"_ _5\"/>ux douz<span class=\"_ _5\"/>e mois de 20<span class=\"_ _5\"/>22<span class=\"_ _5\"/>. La cag<span class=\"_ _5\"/>not<span class=\"_ _5\"/>te proje<span class=\"_ _5\"/>t\u00e9e es<span class=\"_ _5\"/>t \u00e9va<span class=\"_ _5\"/>lu\u00e9e in<span class=\"_ _5\"/>divid<span class=\"_ _5\"/>uelle<span class=\"_ _5\"/>ment et d<span class=\"_ _5\"/>iminue e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fon<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on du nom<span class=\"_ _5\"/>bre r\u00e9<span class=\"_ _5\"/>el de jou<span class=\"_ _5\"/>rs de mal<span class=\"_ _5\"/>adie.</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pai<span class=\"_ _5\"/>ement a<span class=\"_ _5\"/>nnuel e<span class=\"_ _5\"/>st co<span class=\"_ _5\"/>nsti<span class=\"_ _5\"/>tu\u00e9 du no<span class=\"_ _5\"/>mbre de j<span class=\"_ _5\"/>ours u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s (limit<span class=\"_ _5\"/>\u00e9 par le nom<span class=\"_ _5\"/>bre de jo<span class=\"_ _5\"/>urs de la c<span class=\"_ _5\"/>agno<span class=\"_ _5\"/>tte) mult<span class=\"_ _5\"/>ipli\u00e9 pa<span class=\"_ _5\"/>r la diff\u00e9r<span class=\"_ _5\"/>ence en<span class=\"_ _5\"/>tre le</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sal<span class=\"_ _5\"/>aire pro<span class=\"_ _5\"/>jet\u00e9 \u00e0 10<span class=\"_ _5\"/>0 % (<span class=\"_ _d\"/>majo<span class=\"_ _5\"/>r\u00e9 des c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>ales) et le s<span class=\"_ _5\"/>alaire r<span class=\"_ _5\"/>\u00e9duit<span class=\"_ _5\"/>. Des t<span class=\"_ _5\"/>aux p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tine<span class=\"_ _5\"/>nts r<span class=\"_ _5\"/>elatif<span class=\"_ _5\"/>s \u00e0 la mis<span class=\"_ _5\"/>e en ret<span class=\"_ _5\"/>raite e<span class=\"_ _5\"/>t \u00e0 la mor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>alit\u00e9 ont</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9t\u00e9 ap<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>\u00e9s conjo<span class=\"_ _5\"/>inteme<span class=\"_ _5\"/>nt au tau<span class=\"_ _5\"/>x d\u2019actua<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion app<span class=\"_ _5\"/>licab<span class=\"_ _5\"/>le \u00e0 la dur\u00e9<span class=\"_ _5\"/>e de l\u2019avanta<span class=\"_ _5\"/>ge.</div>\n<div class=\"t m0 x5 hb y54 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Jou<span class=\"_ _5\"/>rs d\u2019\u00e9pargn<span class=\"_ _5\"/>e \u2013 pens<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel s<span class=\"_ _5\"/>tatu<span class=\"_ _5\"/>taire d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t SA a la p<span class=\"_ _5\"/>oss<span class=\"_ _5\"/>ibilit\u00e9 d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>tir le<span class=\"_ _5\"/>s jour<span class=\"_ _5\"/>s de mala<span class=\"_ _5\"/>die non u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s au \u2013 de<span class=\"_ _5\"/>l\u00e0 des 6<span class=\"_ _5\"/>3 jour<span class=\"_ _5\"/>s dans leu<span class=\"_ _5\"/>r cagn<span class=\"_ _5\"/>otte (voi<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ci \u2013 ava<span class=\"_ _5\"/>nt l\u2019<span class=\"_ _d\"/>ava<span class=\"_ _5\"/>ntage \u201cR\u00e9<span class=\"_ _5\"/>mun\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>n des ab<span class=\"_ _5\"/>sence<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>es\u201d<span class=\"_ _5\"/>) en jour<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>\u00e9p<span class=\"_ _5\"/>argne \u2013 p<span class=\"_ _5\"/>ensi<span class=\"_ _5\"/>on (7 jour<span class=\"_ _5\"/>s de mal<span class=\"_ _5\"/>adie po<span class=\"_ _5\"/>ur 1 jour d\u2019\u00e9par<span class=\"_ _5\"/>gne \u2013 p<span class=\"_ _5\"/>en-</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sion) e<span class=\"_ _5\"/>t de conver<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r chaqu<span class=\"_ _5\"/>e ann\u00e9e u<span class=\"_ _5\"/>n maxim<span class=\"_ _5\"/>um de 3 jour<span class=\"_ _5\"/>s de cong\u00e9<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tra \u2013 l<span class=\"_ _5\"/>\u00e9gau<span class=\"_ _5\"/>x. Le p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnel co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>el bar\u00e9<span class=\"_ _5\"/>mique a dr<span class=\"_ _5\"/>oit \u00e0 max<span class=\"_ _5\"/>imum</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">2 jour<span class=\"_ _5\"/>s d\u2019\u00e9parg<span class=\"_ _5\"/>ne \u2013 pen<span class=\"_ _5\"/>sion par a<span class=\"_ _5\"/>n et pe<span class=\"_ _5\"/>ut conver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ir chaqu<span class=\"_ _5\"/>e ann\u00e9e u<span class=\"_ _5\"/>n maxim<span class=\"_ _5\"/>um de 3 jour<span class=\"_ _5\"/>s de cong\u00e9<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>a \u2013 l\u00e9gau<span class=\"_ _5\"/>x. Le<span class=\"_ _5\"/>s jours d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>\u00e9pa<span class=\"_ _5\"/>rgne \u2013</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>nsion s<span class=\"_ _5\"/>ont accum<span class=\"_ _5\"/>ul\u00e9s an<span class=\"_ _5\"/>n\u00e9e ap<span class=\"_ _5\"/>r\u00e8s ann<span class=\"_ _5\"/>\u00e9e et p<span class=\"_ _5\"/>euve<span class=\"_ _5\"/>nt \u00eatre u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s \u00e0 par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r de 50 an<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de de va<span class=\"_ _5\"/>lori<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n est b<span class=\"_ _5\"/>as\u00e9<span class=\"_ _5\"/>e sur la m\u00ea<span class=\"_ _5\"/>me appr<span class=\"_ _5\"/>oche q<span class=\"_ _5\"/>ue pour l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>av<span class=\"_ _5\"/>antag<span class=\"_ _5\"/>e \u201cR\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s abse<span class=\"_ _5\"/>nces cum<span class=\"_ _5\"/>ul\u00e9e<span class=\"_ _5\"/>s\u201d<span class=\"_ _1\"/>. L<span class=\"_ _5\"/>a valor<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se ba<span class=\"_ _5\"/>se sur le<span class=\"_ _5\"/>s futu<span class=\"_ _5\"/>rs \u201cpaie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s pr\u00e9<span class=\"_ _5\"/>vus / so<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ties d<span class=\"_ _5\"/>e liquidi<span class=\"_ _5\"/>t\u00e9s\u201d<span class=\"_ _d\"/>. Ceu<span class=\"_ _5\"/>x \u2013 ci son<span class=\"_ _5\"/>t calcul<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r l\u2019<span class=\"_ _d\"/>ens<span class=\"_ _5\"/>emble d<span class=\"_ _5\"/>e la pop<span class=\"_ _5\"/>ulatio<span class=\"_ _5\"/>n consid<span class=\"_ _5\"/>\u00e9r\u00e9e<span class=\"_ _5\"/>, sur</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bas<span class=\"_ _5\"/>e d\u2019un cer<span class=\"_ _5\"/>tai<span class=\"_ _5\"/>n sch\u00e9<span class=\"_ _5\"/>ma de \u201cconso<span class=\"_ _5\"/>mmatio<span class=\"_ _5\"/>n\u201d obten<span class=\"_ _5\"/>u \u00e0 par<span class=\"_ _5\"/>tir de<span class=\"_ _5\"/>s sta<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s relat<span class=\"_ _5\"/>ives a<span class=\"_ _5\"/>ux douze m<span class=\"_ _5\"/>ois de 202<span class=\"_ _5\"/>2 four<span class=\"_ _5\"/>nies p<span class=\"_ _5\"/>ar le d\u00e9p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Res<span class=\"_ _5\"/>sou<span class=\"_ _5\"/>rces Hum<span class=\"_ _5\"/>aines<span class=\"_ _5\"/>. La c<span class=\"_ _5\"/>agnot<span class=\"_ _5\"/>te pro<span class=\"_ _5\"/>jet\u00e9e d<span class=\"_ _5\"/>es jour<span class=\"_ _5\"/>s d\u2019\u00e9parg<span class=\"_ _5\"/>ne \u2013 pen<span class=\"_ _5\"/>sion e<span class=\"_ _5\"/>st \u00e9v<span class=\"_ _5\"/>alu\u00e9e in<span class=\"_ _5\"/>divi<span class=\"_ _5\"/>duelle<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>t diminue e<span class=\"_ _5\"/>n fonc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>u nomb<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9e<span class=\"_ _5\"/>l de jour<span class=\"_ _5\"/>s d\u2019\u00e9parg<span class=\"_ _5\"/>ne \u2013 pen<span class=\"_ _5\"/>sion con<span class=\"_ _5\"/>somm<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pai<span class=\"_ _5\"/>ement a<span class=\"_ _5\"/>nnuel e<span class=\"_ _5\"/>st co<span class=\"_ _5\"/>nsti<span class=\"_ _5\"/>tu\u00e9 du no<span class=\"_ _5\"/>mbre de j<span class=\"_ _5\"/>ours d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>parg<span class=\"_ _5\"/>ne \u2013 pen<span class=\"_ _5\"/>sion con<span class=\"_ _5\"/>somm<span class=\"_ _5\"/>\u00e9s mult<span class=\"_ _5\"/>ipli\u00e9 par l<span class=\"_ _5\"/>e salair<span class=\"_ _5\"/>e jour<span class=\"_ _5\"/>nalier p<span class=\"_ _5\"/>rojet\u00e9 (maj<span class=\"_ _5\"/>or\u00e9 de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">char<span class=\"_ _5\"/>ges so<span class=\"_ _5\"/>ciale<span class=\"_ _5\"/>s, du p\u00e9<span class=\"_ _5\"/>cule de v<span class=\"_ _5\"/>acan<span class=\"_ _5\"/>ces, d<span class=\"_ _5\"/>e la pri<span class=\"_ _5\"/>me de f<span class=\"_ _5\"/>in d\u2019<span class=\"_ _d\"/>an<span class=\"_ _5\"/>n\u00e9e, d<span class=\"_ _5\"/>es pri<span class=\"_ _5\"/>mes de g<span class=\"_ _5\"/>est<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>\u2019int\u00e9gr<span class=\"_ _5\"/>ation). De<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x per<span class=\"_ _5\"/>tin<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s relat<span class=\"_ _5\"/>ifs \u00e0 la</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mis<span class=\"_ _5\"/>e en ret<span class=\"_ _5\"/>raite e<span class=\"_ _5\"/>t \u00e0 la mor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>alit\u00e9 ont \u00e9<span class=\"_ _5\"/>t\u00e9 appli<span class=\"_ _5\"/>qu\u00e9s co<span class=\"_ _5\"/>njointem<span class=\"_ _5\"/>ent au t<span class=\"_ _5\"/>aux d\u2019ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>ation a<span class=\"_ _5\"/>pplic<span class=\"_ _5\"/>able \u00e0 la du<span class=\"_ _5\"/>r\u00e9e de l\u2019avant<span class=\"_ _5\"/>age.</div>\n<div class=\"t m0 x5 hb y64 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9gi<span class=\"_ _5\"/>me de tr<span class=\"_ _5\"/>avail \u00e0 tem<span class=\"_ _5\"/>ps par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>l (<span class=\"_ _d\"/>5<span class=\"_ _5\"/>4+)</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ca<span class=\"_ _5\"/>dre r\u00e9g<span class=\"_ _5\"/>ulatoir<span class=\"_ _5\"/>e concer<span class=\"_ _5\"/>nant le r\u00e9<span class=\"_ _5\"/>gime \u00e0 tem<span class=\"_ _5\"/>ps par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>el des e<span class=\"_ _5\"/>mploy\u00e9<span class=\"_ _5\"/>s de bpos<span class=\"_ _5\"/>t SA (<span class=\"_ _5\"/>plans a<span class=\"_ _5\"/>ccess<span class=\"_ _5\"/>ibles au p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>sonne<span class=\"_ _5\"/>l st<span class=\"_ _5\"/>atuta<span class=\"_ _5\"/>ire et au p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>on-</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">nel con<span class=\"_ _d\"/>trac<span class=\"_ _5\"/>tuel<span class=\"_ _d\"/> bar\u00e9mique<span class=\"_ _d\"/> uniquement<span class=\"_ _d\"/>) est le su<span class=\"_ _d\"/>ivant:</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Accor<span class=\"_ _5\"/>d-<span class=\"_ _5\"/>cadr<span class=\"_ _5\"/>e du 20 d\u00e9c<span class=\"_ _5\"/>embre 201<span class=\"_ _5\"/>2 : interr<span class=\"_ _5\"/>upti<span class=\"_ _5\"/>on de ca<span class=\"_ _5\"/>rri\u00e8<span class=\"_ _5\"/>re par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>elle sp<span class=\"_ _5\"/>\u00e9cif<span class=\"_ _5\"/>ique (5<span class=\"_ _5\"/>0 %<span class=\"_ _d\"/>) acce<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>ble aux di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibute<span class=\"_ _5\"/>urs \u00e2g\u00e9<span class=\"_ _5\"/>s de 5<span class=\"_ _5\"/>4 ans au</div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">moin<span class=\"_ _5\"/>s et aux a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s employ\u00e9<span class=\"_ _5\"/>s \u00e2g\u00e9s d<span class=\"_ _5\"/>e minimum 5<span class=\"_ _5\"/>5 ans<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t SA con<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ue \u00e0 concur<span class=\"_ _5\"/>ren<span class=\"_ _5\"/>ce de 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>5 % du sa<span class=\"_ _5\"/>laire br<span class=\"_ _5\"/>ut ann<span class=\"_ _5\"/>uel dur<span class=\"_ _5\"/>ant une p<span class=\"_ _5\"/>\u00e9-</div>\n<div class=\"t m0 x2a h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rio<span class=\"_ _5\"/>de de ma<span class=\"_ _5\"/>ximum 7<span class=\"_ _5\"/>2 mois p<span class=\"_ _5\"/>our les d<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>eurs e<span class=\"_ _5\"/>t de max<span class=\"_ _5\"/>imum 4<span class=\"_ _5\"/>8 mois po<span class=\"_ _5\"/>ur les au<span class=\"_ _5\"/>tres b<span class=\"_ _5\"/>\u00e9n\u00e9<span class=\"_ _5\"/>fici<span class=\"_ _5\"/>aires du p<span class=\"_ _5\"/>lan.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 87px; height: 995px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 87px; height: 995px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Accor<span class=\"_ _5\"/>d-<span class=\"_ _5\"/>cadr<span class=\"_ _5\"/>e du 22 ma<span class=\"_ _5\"/>i 20<span class=\"_ _d\"/>14 : (i) le pla<span class=\"_ _5\"/>n appr<span class=\"_ _5\"/>ouv\u00e9 en 2012 e<span class=\"_ _5\"/>t acces<span class=\"_ _5\"/>sible a<span class=\"_ _5\"/>ux dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uteur<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>t \u00e9ten<span class=\"_ _5\"/>du aux em<span class=\"_ _5\"/>ploy\u00e9s t<span class=\"_ _5\"/>ravail<span class=\"_ _5\"/>lant de nui<span class=\"_ _5\"/>t et (ii)</div>\n<div class=\"t m0 x2a h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r les aut<span class=\"_ _5\"/>res em<span class=\"_ _5\"/>ploy\u00e9s<span class=\"_ _5\"/>, le plan e<span class=\"_ _5\"/>st a<span class=\"_ _5\"/>ccess<span class=\"_ _5\"/>ible \u00e0 par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r de l\u2019\u00e2ge de 55 a<span class=\"_ _5\"/>ns. bp<span class=\"_ _5\"/>ost S<span class=\"_ _5\"/>A contr<span class=\"_ _5\"/>ibue \u00e0 co<span class=\"_ _5\"/>ncur<span class=\"_ _5\"/>rence de 7,5 % du s<span class=\"_ _5\"/>alaire b<span class=\"_ _5\"/>rut an<span class=\"_ _5\"/>nuel</div>\n<div class=\"t m0 x2a h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur<span class=\"_ _5\"/>ant une p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>de de ma<span class=\"_ _5\"/>ximum 7<span class=\"_ _5\"/>2 mois p<span class=\"_ _5\"/>our les t<span class=\"_ _5\"/>ravail<span class=\"_ _5\"/>leurs d<span class=\"_ _5\"/>e nuit et d<span class=\"_ _5\"/>e maxim<span class=\"_ _5\"/>um 48 m<span class=\"_ _5\"/>ois po<span class=\"_ _5\"/>ur les aut<span class=\"_ _5\"/>res b<span class=\"_ _5\"/>\u00e9n\u00e9f<span class=\"_ _5\"/>iciai<span class=\"_ _5\"/>res du pl<span class=\"_ _5\"/>an.</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Accor<span class=\"_ _5\"/>d-<span class=\"_ _5\"/>cadr<span class=\"_ _5\"/>e du 2 juin 2016 (valid<span class=\"_ _5\"/>e jusqu<span class=\"_ _5\"/>e d\u00e9cem<span class=\"_ _5\"/>bre 2016) : (i) Le plan a<span class=\"_ _5\"/>pprou<span class=\"_ _5\"/>v\u00e9 en 2012 p<span class=\"_ _5\"/>our les di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibute<span class=\"_ _5\"/>urs et \u00e9<span class=\"_ _5\"/>tendu e<span class=\"_ _5\"/>n 201<span class=\"_ _d\"/>4 au<span class=\"_ _5\"/>x em-</div>\n<div class=\"t m0 x2a h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ploy\u00e9<span class=\"_ _5\"/>s trav<span class=\"_ _5\"/>aillant d<span class=\"_ _5\"/>e nuit s'appli<span class=\"_ _5\"/>que d\u00e9s<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>ais \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t aux agen<span class=\"_ _5\"/>ts de co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>te et (ii) p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s collabo<span class=\"_ _5\"/>rate<span class=\"_ _5\"/>urs, l<span class=\"_ _5\"/>e plan es<span class=\"_ _5\"/>t acce<span class=\"_ _5\"/>ssib<span class=\"_ _5\"/>le</div>\n<div class=\"t m0 x2a h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r de l'\u00e2ge de 57 an<span class=\"_ _5\"/>s. bp<span class=\"_ _5\"/>ost S<span class=\"_ _5\"/>A contr<span class=\"_ _5\"/>ibue \u00e0 con<span class=\"_ _5\"/>curr<span class=\"_ _5\"/>ence de 7<span class=\"_ _d\"/>,<span class=\"_ _5\"/>5 % du sal<span class=\"_ _5\"/>aire ann<span class=\"_ _5\"/>uel br<span class=\"_ _5\"/>ut pou<span class=\"_ _5\"/>r une p\u00e9r<span class=\"_ _5\"/>iod<span class=\"_ _5\"/>e de 72 mo<span class=\"_ _5\"/>is max<span class=\"_ _5\"/>imum pou<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x2a h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les a<span class=\"_ _5\"/>gent<span class=\"_ _5\"/>s de colle<span class=\"_ _5\"/>cte e<span class=\"_ _5\"/>t de 48 m<span class=\"_ _5\"/>ois po<span class=\"_ _5\"/>ur les aut<span class=\"_ _5\"/>res b<span class=\"_ _5\"/>\u00e9n\u00e9f<span class=\"_ _5\"/>iciai<span class=\"_ _5\"/>res du pl<span class=\"_ _5\"/>an.</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Accor<span class=\"_ _5\"/>d-<span class=\"_ _5\"/>cadr<span class=\"_ _5\"/>e du 30 se<span class=\"_ _5\"/>ptemb<span class=\"_ _5\"/>re 2016 : (i) pour le<span class=\"_ _5\"/>s dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>teurs<span class=\"_ _5\"/>, les ag<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de colle<span class=\"_ _5\"/>cte e<span class=\"_ _5\"/>t les colla<span class=\"_ _5\"/>bora<span class=\"_ _5\"/>teurs t<span class=\"_ _5\"/>rava<span class=\"_ _5\"/>illant la nu<span class=\"_ _5\"/>it, le pl<span class=\"_ _5\"/>an es<span class=\"_ _5\"/>t ac-</div>\n<div class=\"t m0 x2a h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ces<span class=\"_ _5\"/>sible \u00e0 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tir de l'\u00e2ge de 5<span class=\"_ _5\"/>5 ans et (<span class=\"_ _5\"/>ii) pour le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es colla<span class=\"_ _5\"/>bora<span class=\"_ _5\"/>teurs<span class=\"_ _5\"/>, l'\u00e2ge minim<span class=\"_ _5\"/>al es<span class=\"_ _5\"/>t fix\u00e9 \u00e0 5<span class=\"_ _5\"/>7 ans. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t SA cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>e \u00e0 concur<span class=\"_ _5\"/>renc<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x2a h8 yae ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>5 % du s<span class=\"_ _5\"/>alaire an<span class=\"_ _5\"/>nuel b<span class=\"_ _5\"/>rut po<span class=\"_ _5\"/>ur une p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de de 72 m<span class=\"_ _5\"/>ois ma<span class=\"_ _5\"/>ximum p<span class=\"_ _5\"/>our les t<span class=\"_ _5\"/>ravail<span class=\"_ _5\"/>leurs d<span class=\"_ _5\"/>e nuit et le<span class=\"_ _5\"/>s agent<span class=\"_ _5\"/>s de di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion et de co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x2a h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et de 4<span class=\"_ _5\"/>8 moi<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>iciaire<span class=\"_ _5\"/>s du plan<span class=\"_ _5\"/>. Ce plan e<span class=\"_ _5\"/>st \u00e9<span class=\"_ _5\"/>tendu ju<span class=\"_ _5\"/>squ'en d\u00e9ce<span class=\"_ _5\"/>mbre 20<span class=\"_ _5\"/>22, su<span class=\"_ _5\"/>ivant l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>A<span class=\"_ _5\"/>ccord<span class=\"_ _5\"/>-c<span class=\"_ _5\"/>adre du 17 juin 2021<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 hb y89 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Plan<span class=\"_ _5\"/>s de comp<span class=\"_ _5\"/>ensat<span class=\"_ _5\"/>ion accor<span class=\"_ _5\"/>d\u00e9s pou<span class=\"_ _5\"/>r les accid<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de trava<span class=\"_ _5\"/>il</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>qu\u2019<span class=\"_ _d\"/>au 1er o<span class=\"_ _5\"/>cto<span class=\"_ _5\"/>bre 20<span class=\"_ _5\"/>00, b<span class=\"_ _5\"/>post S<span class=\"_ _5\"/>A \u00e9t<span class=\"_ _5\"/>ait son p<span class=\"_ _5\"/>ropr<span class=\"_ _5\"/>e assu<span class=\"_ _5\"/>reur po<span class=\"_ _5\"/>ur les ac<span class=\"_ _5\"/>cident<span class=\"_ _5\"/>s sur<span class=\"_ _5\"/>ve<span class=\"_ _5\"/>nus sur le l<span class=\"_ _5\"/>ieu de t<span class=\"_ _5\"/>ravail e<span class=\"_ _5\"/>t sur le ch<span class=\"_ _5\"/>emin du tr<span class=\"_ _5\"/>avail<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Par con<span class=\"_ _5\"/>s\u00e9q<span class=\"_ _5\"/>uent<span class=\"_ _5\"/>, toutes le<span class=\"_ _5\"/>s inde<span class=\"_ _5\"/>mnit\u00e9<span class=\"_ _5\"/>s accord\u00e9<span class=\"_ _5\"/>es au<span class=\"_ _5\"/>x trav<span class=\"_ _5\"/>ailleur<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>es accid<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s sur<span class=\"_ _5\"/>ven<span class=\"_ _5\"/>us avant le 1er o<span class=\"_ _5\"/>cto<span class=\"_ _5\"/>bre 20<span class=\"_ _5\"/>00 s<span class=\"_ _5\"/>ont cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">financ\u00e9es par<span class=\"_ _d\"/> bpost SA elle-m\u00eame.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dep<span class=\"_ _5\"/>uis le 1er o<span class=\"_ _5\"/>ctob<span class=\"_ _5\"/>re 200<span class=\"_ _5\"/>0, bp<span class=\"_ _5\"/>ost S<span class=\"_ _5\"/>A a contr<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>t\u00e9 des p<span class=\"_ _5\"/>olices d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce en vu<span class=\"_ _5\"/>e de couv<span class=\"_ _5\"/>rir ce ri<span class=\"_ _5\"/>sque<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 hb y8f ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">DSPR pou<span class=\"_ _5\"/>r le Job Mobil<span class=\"_ _5\"/>ity Ce<span class=\"_ _5\"/>nter</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'Accord<span class=\"_ _5\"/>-<span class=\"_ _5\"/>cadre d<span class=\"_ _5\"/>u 30 se<span class=\"_ _5\"/>ptembr<span class=\"_ _5\"/>e 201<span class=\"_ _d\"/>6 a d\u00e9<span class=\"_ _5\"/>fini u<span class=\"_ _5\"/>n plan de DSP<span class=\"_ _5\"/>R (Dispe<span class=\"_ _5\"/>nse Pr\u00e9<span class=\"_ _5\"/>c\u00e9dan<span class=\"_ _5\"/>t la Retr<span class=\"_ _5\"/>aite) po<span class=\"_ _5\"/>ur le Job Mo<span class=\"_ _5\"/>bilit<span class=\"_ _5\"/>y Cent<span class=\"_ _5\"/>er<span class=\"_ _d\"/>. Ce pla<span class=\"_ _5\"/>n pr\u00e9vo<span class=\"_ _5\"/>it</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r une dur\u00e9<span class=\"_ _5\"/>e illimit\u00e9<span class=\"_ _5\"/>e que le<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res du p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnel s<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>utair<span class=\"_ _5\"/>es \u00e2g\u00e9<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>au m<span class=\"_ _5\"/>oins 61 ans<span class=\"_ _5\"/>, rat<span class=\"_ _5\"/>tac<span class=\"_ _5\"/>h\u00e9s au J<span class=\"_ _5\"/>ob Mob<span class=\"_ _5\"/>ilit<span class=\"_ _5\"/>y Center e<span class=\"_ _5\"/>t qui y so<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">toujo<span class=\"_ _5\"/>urs at<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>ch\u00e9s a<span class=\"_ _5\"/>pr\u00e8s un<span class=\"_ _5\"/>e p\u00e9r<span class=\"_ _5\"/>iode d'un a<span class=\"_ _5\"/>n sero<span class=\"_ _5\"/>nt dispe<span class=\"_ _5\"/>ns\u00e9<span class=\"_ _5\"/>s de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice. bp<span class=\"_ _5\"/>ost S<span class=\"_ _5\"/>A contin<span class=\"_ _5\"/>ue \u00e0 payer a<span class=\"_ _5\"/>ux b\u00e9n<span class=\"_ _5\"/>\u00e9f<span class=\"_ _5\"/>iciaire<span class=\"_ _5\"/>s 70 % de leur s<span class=\"_ _5\"/>alair<span class=\"_ _5\"/>e au</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mom<span class=\"_ _5\"/>ent du d\u00e9<span class=\"_ _5\"/>par<span class=\"_ _5\"/>t jus<span class=\"_ _5\"/>qu'\u00e0 ce qu'ils aie<span class=\"_ _5\"/>nt att<span class=\"_ _5\"/>eint l\u2019\u00e2ge de la r<span class=\"_ _5\"/>etra<span class=\"_ _5\"/>ite, po<span class=\"_ _5\"/>ur une p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de maxi<span class=\"_ _5\"/>mum de 5 ans<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te net<span class=\"_ _5\"/>te de bp<span class=\"_ _5\"/>ost p<span class=\"_ _5\"/>our les au<span class=\"_ _5\"/>tres a<span class=\"_ _5\"/>vanta<span class=\"_ _5\"/>ges \u00e0 long te<span class=\"_ _5\"/>rme co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>d les \u00e9l<span class=\"_ _5\"/>\u00e9ment<span class=\"_ _5\"/>s sui<span class=\"_ _5\"/>vant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hb yd ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ycd1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd35 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _25f\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _1c9\"> </span><span class=\"ls20 ws22\"> 26<span class=\"_ _5\"/>6,2</span></span></div>\n<div class=\"t m0 x7 hd yd36 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime<span class=\"_ _24d\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd yd37 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _d\"/> net<span class=\"_ _5\"/>tes<span class=\"_ _260\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _1c9\"> </span><span class=\"ls20 ws22\"> 26<span class=\"_ _5\"/>6,2</span></span></div>\n<div class=\"t m0 x7 hf yd38 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 x98 h1b yd39 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> 2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _1f7\"> </span><span class=\"ls0 ws0\"> 26<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yd3a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s au pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel f<span class=\"_ _5\"/>igu<span class=\"_ _5\"/>rant a<span class=\"_ _5\"/>u bila<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x7 hd yd3b ff4 fs8 fc2 sc0 ls27 ws29\" style=\"z-index: 15;\">Dettes<span class=\"_ _261\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _1c9\"> </span><span class=\"ls20 ws22\"> 26<span class=\"_ _5\"/>6,2</span></span></div>\n<div class=\"t m0 x7 hf yd3c ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 x98 h1b yd3d ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> 2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _1f7\"> </span><span class=\"ls0 ws0\"> 26<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s dans la v<span class=\"_ _5\"/>aleur ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle des o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>ont les s<span class=\"_ _5\"/>uivan<span class=\"_ _5\"/>ts :</div>\n<div class=\"t m0 x7 hc y867 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd3e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>le au 1er ja<span class=\"_ _5\"/>nvie<span class=\"_ _5\"/>r <span class=\"_ _19d\"> </span><span class=\"ls20 ws22\"> 266,<span class=\"_ _5\"/>2<span class=\"_ _1c9\"> </span><span class=\"ls28 ws2a\"> 283,4</span></span></div>\n<div class=\"t m0 x7 hd yd3f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x170 hd yd40 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\"> 1<span class=\"_ _5\"/>2,7<span class=\"_ _1f5\"> </span><span class=\"ls43 ws4d\"> 11,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yd41 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x170 hd yd42 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\"> 1<span class=\"_ _5\"/>2,7<span class=\"_ _1f5\"> </span><span class=\"ls43 ws4d\"> 11,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yd43 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _243\"> </span><span class=\"ls3b ws43\"> 2,1<span class=\"_ _1ee\"> </span></span> 1,0</div>\n<div class=\"t m0 x7 hd yd44 ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _244\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>3)<span class=\"_ _128\"> </span><span class=\"ls12 ws14\">(17,<span class=\"_ _2\"/>5<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7 hd yd45 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s<span class=\"_ _245\"> </span><span class=\"ls90 wsa4\">(45<span class=\"_ _5\"/>,1)<span class=\"_ _134\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>9)</span></span></div>\n<div class=\"t m0 x7 hd yd46 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s <span class=\"_ _262\"> </span><span class=\"ls90 wsa4\">(45<span class=\"_ _5\"/>,1)<span class=\"_ _134\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>9)</span></span></div>\n<div class=\"t m0 x7 hd yd47 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s aut<span class=\"_ _5\"/>res \u00e9l<span class=\"_ _5\"/>\u00e9me<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>u r\u00e9su<span class=\"_ _5\"/>ltat</div>\n<div class=\"t m0 x7 hd yd48 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">global</div>\n<div class=\"t m0 x56 hd yd47 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</div>\n<div class=\"t m0 x7 hd yd49 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels<span class=\"_ _263\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hf yd4a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">OBLIGA<span class=\"_ _1\"/>TION AU TITRE DES PREST<span class=\"_ _d\"/>A<span class=\"_ _1\"/>TIONS AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x98 h1b yd4b ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> 2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _1f7\"> </span><span class=\"ls0 ws0\"> 26<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 162px; height: 920px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 162px; height: 920px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9es da<span class=\"_ _5\"/>ns le comp<span class=\"_ _5\"/>te de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s sont p<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>ent\u00e9e c<span class=\"_ _5\"/>i \u2013 apr\u00e8<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yce0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd4c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x170 hd yd4d ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\"> 1<span class=\"_ _5\"/>2,7<span class=\"_ _1f5\"> </span><span class=\"ls43 ws4d\"> 11,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yd4e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x170 hd yd4f ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\"> 1<span class=\"_ _5\"/>2,7<span class=\"_ _1f5\"> </span><span class=\"ls43 ws4d\"> 11,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yd50 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _243\"> </span><span class=\"ls3b ws43\"> 2,1<span class=\"_ _1ee\"> </span></span> 1,0</div>\n<div class=\"t m0 x7 hd yd51 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes de r\u00e9\u00e9valuation<span class=\"_ _156\"> </span><span class=\"ls90 wsa4\">(45,1)<span class=\"_ _233\"> </span><span class=\"ls1b ws1d\">(11,<span class=\"_ _5\"/>9)</span></span></div>\n<div class=\"t m0 x7 hd yd52 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme co\u00fbts financiers<span class=\"_ _264\"> </span><span class=\"ls90 wsa4\">(47<span class=\"_ _d\"/>,1)<span class=\"_ _23\"> </span><span class=\"ls2b ws2d\">(8,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7 hd yd53 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme charges d'<span class=\"_ _d\"/>exploitation<span class=\"_ _24b\"> </span><span class=\"ls14 ws16\"> 1,9<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(3<span class=\"_ _5\"/>,7)</span></span></div>\n<div class=\"t m0 x7 hf yd54 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x17e h1b yd55 ff7 fs8 fc3 sc0 lsdb wsfb\" style=\"z-index: 15;\">(30<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _ec\"> </span><span class=\"ls0 ws0\"> 0<span class=\"_ _5\"/>,3</span></div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur les co<span class=\"_ _5\"/>\u00fbts s<span class=\"_ _5\"/>alar<span class=\"_ _5\"/>iaux et l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers e<span class=\"_ _5\"/>st pr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>t\u00e9 ci \u2013 apr\u00e8<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hb y8 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd56 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd57 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel<span class=\"_ _235\"> </span><span class=\"ls1b ws1d\"> 14,7<span class=\"_ _18a\"> </span><span class=\"ls12 ws14\"> 7,<span class=\"_ _5\"/>4</span></span></div>\n<div class=\"t m0 x7 hd yd58 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges financi\u00e8res<span class=\"_ _1f0\"> </span><span class=\"ls90 wsa4\">(45<span class=\"_ _5\"/>,0)<span class=\"_ _1de\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _1\"/>,1)</span></span></div>\n<div class=\"t m0 x7 hf yd59 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x17e h1b yd5a ff7 fs8 fc3 sc0 lsdb wsfb\" style=\"z-index: 15;\">(30<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _ec\"> </span><span class=\"ls0 ws0\"> 0<span class=\"_ _5\"/>,3</span></div>\n<div class=\"t m0 x5 h1a yd ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.26.<span class=\"_ _5\"/>3 In<span class=\"_ _d\"/>demnit<span class=\"_ _d\"/>\u00e9s de cessat<span class=\"_ _d\"/>ion d\u2019<span class=\"_ _3b\"/>emploi</div>\n<div class=\"t m0 x5 hb ye ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Plan de<span class=\"_ _d\"/> retraite anticip\u00e9e</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pla<span class=\"_ _5\"/>n couver<span class=\"_ _5\"/>t p<span class=\"_ _5\"/>ar l\u2019<span class=\"_ _d\"/>Acco<span class=\"_ _5\"/>rd-<span class=\"_ _5\"/>ca<span class=\"_ _5\"/>dre du 30 s<span class=\"_ _5\"/>eptem<span class=\"_ _5\"/>bre 2016 est a<span class=\"_ _5\"/>cces<span class=\"_ _5\"/>sible au<span class=\"_ _5\"/>x memb<span class=\"_ _5\"/>res du p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnel s<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>utair<span class=\"_ _5\"/>e selo<span class=\"_ _5\"/>n cer<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>es condi<span class=\"_ _5\"/>tions</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'\u00e2ge, d'anc<span class=\"_ _5\"/>ienne<span class=\"_ _5\"/>t\u00e9 et d'org<span class=\"_ _5\"/>anisat<span class=\"_ _5\"/>ion du s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t SA con<span class=\"_ _5\"/>tinue \u00e0 pay<span class=\"_ _5\"/>er aux b<span class=\"_ _5\"/>\u00e9n\u00e9f<span class=\"_ _5\"/>icia<span class=\"_ _5\"/>ires 75 % de le<span class=\"_ _5\"/>ur sal<span class=\"_ _5\"/>aire au mo<span class=\"_ _5\"/>ment du d<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jus<span class=\"_ _5\"/>qu'\u00e0 ce qu'ils at<span class=\"_ _5\"/>teign<span class=\"_ _5\"/>ent l'\u00e2ge de la r<span class=\"_ _5\"/>etr<span class=\"_ _5\"/>aite, ave<span class=\"_ _5\"/>c un maxi<span class=\"_ _5\"/>mum de 5 ans<span class=\"_ _5\"/>. Ce pla<span class=\"_ _5\"/>n a une dur\u00e9<span class=\"_ _5\"/>e ind\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9e.</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>lans de r<span class=\"_ _5\"/>etr<span class=\"_ _5\"/>aite anti<span class=\"_ _5\"/>cip\u00e9<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>A<span class=\"_ _5\"/>MP sont le<span class=\"_ _5\"/>s suiv<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>En 2011, un pre<span class=\"_ _5\"/>mier pl<span class=\"_ _5\"/>an de pr\u00e9<span class=\"_ _5\"/>retr<span class=\"_ _5\"/>aite ava<span class=\"_ _5\"/>it \u00e9t\u00e9 ann<span class=\"_ _5\"/>onc\u00e9 dan<span class=\"_ _5\"/>s le cadr<span class=\"_ _5\"/>e d'une res<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>urati<span class=\"_ _5\"/>on sel<span class=\"_ _5\"/>on la pro<span class=\"_ _5\"/>c\u00e9dure R<span class=\"_ _5\"/>enault<span class=\"_ _5\"/>. Le plan \u00e9<span class=\"_ _5\"/>tait</div>\n<div class=\"t m0 x2a h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">acce<span class=\"_ _5\"/>ssib<span class=\"_ _5\"/>le aux pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnes ay<span class=\"_ _5\"/>ant un \u00e2ge mi<span class=\"_ _5\"/>nimum de 5<span class=\"_ _5\"/>5 ans po<span class=\"_ _5\"/>ur pren<span class=\"_ _5\"/>dre fi<span class=\"_ _5\"/>n en 2021. A<span class=\"_ _5\"/>MP ver<span class=\"_ _5\"/>se sur u<span class=\"_ _5\"/>ne bas<span class=\"_ _5\"/>e mensu<span class=\"_ _5\"/>elle une i<span class=\"_ _5\"/>ndemn<span class=\"_ _5\"/>it\u00e9</div>\n<div class=\"t m0 x2a h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jus<span class=\"_ _5\"/>qu'<span class=\"_ _d\"/>au m<span class=\"_ _5\"/>oment d<span class=\"_ _5\"/>e la ret<span class=\"_ _5\"/>raite l\u00e9<span class=\"_ _5\"/>gale. Le p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nt corr<span class=\"_ _5\"/>esp<span class=\"_ _5\"/>ond \u00e0 8<span class=\"_ _5\"/>0 % de la diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>ntre : (le d<span class=\"_ _5\"/>erni<span class=\"_ _5\"/>er sala<span class=\"_ _5\"/>ire net * 14.<span class=\"_ _5\"/>92) /12 et l\u2019alloc<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x2a h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n socia<span class=\"_ _5\"/>le. Le pla<span class=\"_ _5\"/>n a \u00e9t\u00e9 pr\u00e9<span class=\"_ _5\"/>sent\u00e9 a<span class=\"_ _5\"/>u Cons<span class=\"_ _5\"/>eil du T<span class=\"_ _d\"/>rav<span class=\"_ _5\"/>ail le 22 s<span class=\"_ _5\"/>eptem<span class=\"_ _5\"/>bre 2011 et \u00e9<span class=\"_ _5\"/>tait acce<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>ble jus<span class=\"_ _5\"/>qu\u2019<span class=\"_ _d\"/>au 2<span class=\"_ _5\"/>2 septe<span class=\"_ _5\"/>mbre 201<span class=\"_ _5\"/>3.</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>En 2014, un deu<span class=\"_ _5\"/>xi\u00e8me p<span class=\"_ _5\"/>lan de pr<span class=\"_ _5\"/>\u00e9ret<span class=\"_ _5\"/>raite av<span class=\"_ _5\"/>ait \u00e9t\u00e9 a<span class=\"_ _5\"/>nnonc\u00e9 da<span class=\"_ _5\"/>ns le ca<span class=\"_ _5\"/>dre d'une re<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>turat<span class=\"_ _5\"/>ion se<span class=\"_ _5\"/>lon la pr<span class=\"_ _5\"/>oc\u00e9dur<span class=\"_ _5\"/>e Renaul<span class=\"_ _5\"/>t. Le pl<span class=\"_ _5\"/>an \u00e9ta<span class=\"_ _5\"/>it ac-</div>\n<div class=\"t m0 x2a h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ces<span class=\"_ _5\"/>sible a<span class=\"_ _5\"/>ux per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nes aya<span class=\"_ _5\"/>nt un \u00e2ge minim<span class=\"_ _5\"/>um de 55 an<span class=\"_ _5\"/>s et pre<span class=\"_ _5\"/>ndra f<span class=\"_ _5\"/>in en 20<span class=\"_ _5\"/>24. AMP ve<span class=\"_ _5\"/>rse s<span class=\"_ _5\"/>ur une bas<span class=\"_ _5\"/>e men<span class=\"_ _5\"/>suelle un<span class=\"_ _5\"/>e inde<span class=\"_ _5\"/>mnit\u00e9 jus<span class=\"_ _5\"/>qu'au</div>\n<div class=\"t m0 x2a h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mom<span class=\"_ _5\"/>ent de la r<span class=\"_ _5\"/>etr<span class=\"_ _5\"/>aite l\u00e9g<span class=\"_ _5\"/>ale. Le pai<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t corre<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>d \u00e0 80 % de la d<span class=\"_ _5\"/>iff\u00e9re<span class=\"_ _5\"/>nce ent<span class=\"_ _5\"/>re : (le der<span class=\"_ _5\"/>nier s<span class=\"_ _5\"/>alair<span class=\"_ _5\"/>e net * 14.9<span class=\"_ _5\"/>2) /<span class=\"_ _d\"/>12 e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>all<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion so<span class=\"_ _5\"/>ciale.</div>\n<div class=\"t m0 x2a h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce pla<span class=\"_ _5\"/>n a \u00e9t\u00e9 pr\u00e9<span class=\"_ _5\"/>sent<span class=\"_ _5\"/>\u00e9 au Cons<span class=\"_ _5\"/>eil du T<span class=\"_ _d\"/>rav<span class=\"_ _5\"/>ail le 22 m<span class=\"_ _5\"/>ai 201<span class=\"_ _d\"/>4 et \u00e9<span class=\"_ _5\"/>tait a<span class=\"_ _5\"/>cces<span class=\"_ _5\"/>sible jus<span class=\"_ _5\"/>qu\u2019au 9 septe<span class=\"_ _5\"/>mbre 2016.</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Comp<span class=\"_ _5\"/>te tenu de<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>is \u00e9co<span class=\"_ _5\"/>nomiq<span class=\"_ _5\"/>ues et f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s, Ubi<span class=\"_ _5\"/>way a mis en pl<span class=\"_ _5\"/>ace un conce<span class=\"_ _5\"/>pt de so<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie dou<span class=\"_ _5\"/>ce pour s<span class=\"_ _5\"/>es emp<span class=\"_ _5\"/>loy\u00e9s ave<span class=\"_ _5\"/>c un inci<span class=\"_ _5\"/>tant</div>\n<div class=\"t m0 x2a h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er<span class=\"_ _d\"/>. Les t<span class=\"_ _5\"/>rava<span class=\"_ _5\"/>illeur<span class=\"_ _5\"/>s \u00e2g\u00e9s de p<span class=\"_ _5\"/>lus de 59 an<span class=\"_ _5\"/>s pouv<span class=\"_ _5\"/>aient o<span class=\"_ _5\"/>pter po<span class=\"_ _5\"/>ur une inte<span class=\"_ _5\"/>rru<span class=\"_ _5\"/>ption d<span class=\"_ _5\"/>e carr<span class=\"_ _5\"/>i\u00e8r<span class=\"_ _5\"/>e \u00e0 temps pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iel en co<span class=\"_ _5\"/>mbinais<span class=\"_ _5\"/>on ave<span class=\"_ _5\"/>c une</div>\n<div class=\"t m0 x2a h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ret<span class=\"_ _5\"/>raite a<span class=\"_ _5\"/>nticip<span class=\"_ _5\"/>\u00e9e l\u00e9g<span class=\"_ _5\"/>ale ou p<span class=\"_ _5\"/>our la re<span class=\"_ _5\"/>trait<span class=\"_ _5\"/>e antici<span class=\"_ _5\"/>p\u00e9e l\u00e9<span class=\"_ _5\"/>gale. Pe<span class=\"_ _5\"/>ndant l'inte<span class=\"_ _5\"/>rr<span class=\"_ _5\"/>uption d<span class=\"_ _5\"/>e car<span class=\"_ _5\"/>ri\u00e8r<span class=\"_ _5\"/>e, le collab<span class=\"_ _5\"/>ora<span class=\"_ _5\"/>teur re<span class=\"_ _5\"/>\u00e7oit une pr<span class=\"_ _5\"/>ime me<span class=\"_ _5\"/>nsue<span class=\"_ _5\"/>lle</div>\n<div class=\"t m0 x2a h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">supp<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>ntaire e<span class=\"_ _5\"/>t une pr<span class=\"_ _5\"/>ime uniq<span class=\"_ _5\"/>ue lor<span class=\"_ _5\"/>squ'il at<span class=\"_ _5\"/>teint l'\u00e2ge d<span class=\"_ _5\"/>e la retr<span class=\"_ _5\"/>aite an<span class=\"_ _5\"/>ticip<span class=\"_ _5\"/>\u00e9e (24 00<span class=\"_ _5\"/>0 EUR po<span class=\"_ _5\"/>ur les tr<span class=\"_ _5\"/>availle<span class=\"_ _5\"/>urs d<span class=\"_ _5\"/>e jour et 3<span class=\"_ _5\"/>8 00<span class=\"_ _5\"/>0 EUR</div>\n<div class=\"t m0 x2a h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r les tr<span class=\"_ _5\"/>availle<span class=\"_ _5\"/>urs de n<span class=\"_ _5\"/>uit). Les co<span class=\"_ _5\"/>llabo<span class=\"_ _5\"/>rateur<span class=\"_ _5\"/>s de plu<span class=\"_ _5\"/>s de 59 ans qui o<span class=\"_ _5\"/>ptent p<span class=\"_ _5\"/>our une re<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>ite anti<span class=\"_ _5\"/>cip\u00e9<span class=\"_ _5\"/>e l\u00e9gale r<span class=\"_ _5\"/>e\u00e7oive<span class=\"_ _5\"/>nt \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t la</div>\n<div class=\"t m0 x2a h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr<span class=\"_ _5\"/>ime uniqu<span class=\"_ _5\"/>e. Ce pla<span class=\"_ _5\"/>n a \u00e9t\u00e9 pr\u00e9<span class=\"_ _5\"/>sent\u00e9 a<span class=\"_ _5\"/>u Cons<span class=\"_ _5\"/>eil du T<span class=\"_ _d\"/>rav<span class=\"_ _5\"/>ail le 16 sept<span class=\"_ _5\"/>embre 20<span class=\"_ _5\"/>20 et \u00e9t<span class=\"_ _5\"/>ait acce<span class=\"_ _5\"/>ssib<span class=\"_ _5\"/>le jusq<span class=\"_ _5\"/>u\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>u 31 d\u00e9cem<span class=\"_ _5\"/>bre 2020. U<span class=\"_ _5\"/>n deu<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">xi\u00e8<span class=\"_ _5\"/>me plan a \u00e9<span class=\"_ _5\"/>t\u00e9 pr\u00e9<span class=\"_ _5\"/>sent\u00e9 au C<span class=\"_ _5\"/>omit\u00e9 d'ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise en 2<span class=\"_ _5\"/>022 et e<span class=\"_ _5\"/>st o<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>t jus<span class=\"_ _5\"/>qu'<span class=\"_ _d\"/>en j<span class=\"_ _5\"/>uin 202<span class=\"_ _5\"/>3.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te d\u00e9coul<span class=\"_ _5\"/>ant de l\u2019avant<span class=\"_ _5\"/>age au pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel li<span class=\"_ _5\"/>\u00e9 aux pla<span class=\"_ _5\"/>ns de ret<span class=\"_ _5\"/>raite a<span class=\"_ _5\"/>nticip<span class=\"_ _5\"/>\u00e9e tr<span class=\"_ _5\"/>ouve s<span class=\"_ _5\"/>on orig<span class=\"_ _5\"/>ine dans l<span class=\"_ _5\"/>e fait qu<span class=\"_ _5\"/>e (i) la car<span class=\"_ _5\"/>ri\u00e8<span class=\"_ _5\"/>re es<span class=\"_ _5\"/>t inter<span class=\"_ _5\"/>rom-</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pue av<span class=\"_ _5\"/>ant l\u2019\u00e2ge nor<span class=\"_ _5\"/>mal de l<span class=\"_ _5\"/>a retr<span class=\"_ _5\"/>aite et (ii<span class=\"_ _5\"/>) le fait qu<span class=\"_ _5\"/>e les emp<span class=\"_ _5\"/>loy\u00e9s a<span class=\"_ _5\"/>cceptent l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ffre \u00e9t<span class=\"_ _5\"/>ablie p<span class=\"_ _5\"/>ar l\u2019<span class=\"_ _d\"/>en<span class=\"_ _5\"/>trepr<span class=\"_ _5\"/>ise e<span class=\"_ _5\"/>n \u00e9cha<span class=\"_ _5\"/>nge.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 237px; height: 845px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 237px; height: 845px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te net<span class=\"_ _5\"/>te de bp<span class=\"_ _5\"/>ost p<span class=\"_ _5\"/>our les in<span class=\"_ _5\"/>demni<span class=\"_ _5\"/>t\u00e9s de ce<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>tion d\u2019emplo<span class=\"_ _5\"/>i compre<span class=\"_ _5\"/>nd les \u00e9<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>uivant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yce0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9c6 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _19c\"> </span><span class=\"ls17 ws19\"> 9,<span class=\"_ _5\"/>2<span class=\"_ _1ee\"> </span><span class=\"ls1b ws1d\"> 8<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y9c7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime<span class=\"_ _24d\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd y9c8 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _d\"/> net<span class=\"_ _5\"/>tes<span class=\"_ _174\"> </span><span class=\"ls17 ws19\"> 9,2<span class=\"_ _25b\"> </span><span class=\"ls1b ws1d\"> 8<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hf yd5b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 x10a h1b yd5c ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 9,<span class=\"_ _5\"/>2<span class=\"_ _1ed\"> </span><span class=\"lsd4 wsf5\"> 8,7</span></div>\n<div class=\"t m0 x7 hd yd5d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s au pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel f<span class=\"_ _5\"/>igu<span class=\"_ _5\"/>rant a<span class=\"_ _5\"/>u bila<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x7 hd yd5e ff4 fs8 fc2 sc0 ls27 ws29\" style=\"z-index: 15;\">Dettes<span class=\"_ _265\"> </span><span class=\"ls17 ws19\"> 9,<span class=\"_ _5\"/>2<span class=\"_ _1ee\"> </span><span class=\"ls1b ws1d\"> 8<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hf yd5f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 x10a h1b yd60 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 9,<span class=\"_ _5\"/>2<span class=\"_ _1ed\"> </span><span class=\"lsd4 wsf5\"> 8,7</span></div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s dans la v<span class=\"_ _5\"/>aleur ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle des o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>ociale<span class=\"_ _5\"/>s sont l<span class=\"_ _5\"/>es suiv<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hc yc9f ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yca0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>le au 1er ja<span class=\"_ _5\"/>nvie<span class=\"_ _5\"/>r <span class=\"_ _179\"> </span><span class=\"ls1b ws1d\"> 8,7<span class=\"_ _25b\"> </span><span class=\"ls17 ws19\"> 9,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hd yca1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x10a hd yca2 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\"> 5,2<span class=\"_ _1ee\"> </span><span class=\"ls14 ws16\"> 4,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd yca3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x10a hd yca4 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\"> 5,2<span class=\"_ _1ee\"> </span><span class=\"ls14 ws16\"> 4,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd yca5 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _266\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1e0\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yca6 ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _267\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>4)<span class=\"_ _23\"> </span>(4,4)</span></div>\n<div class=\"t m0 x7 hd yca7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s<span class=\"_ _a8\"> </span>(0,<span class=\"_ _5\"/>2)<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>1)</span></div>\n<div class=\"t m0 x7 hd yca8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s <span class=\"_ _24d\"> </span>(0,<span class=\"_ _5\"/>2)<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>1)</span></div>\n<div class=\"t m0 x7 hd yca9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s aut<span class=\"_ _5\"/>res \u00e9l<span class=\"_ _5\"/>\u00e9me<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>u r\u00e9su<span class=\"_ _5\"/>ltat</div>\n<div class=\"t m0 x7 hd ycaa ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">global</div>\n<div class=\"t m0 x56 hd yca9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</div>\n<div class=\"t m0 x7 hd ycab ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels<span class=\"_ _263\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hf ycac ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">OBLIGA<span class=\"_ _1\"/>TION AU TITRE DES PREST<span class=\"_ _d\"/>A<span class=\"_ _1\"/>TIONS AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x10a h1b ycad ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 9,<span class=\"_ _5\"/>2<span class=\"_ _1ed\"> </span><span class=\"lsd4 wsf5\"> 8,7</span></div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La c<span class=\"_ _5\"/>harge ne<span class=\"_ _5\"/>tte r<span class=\"_ _5\"/>econn<span class=\"_ _5\"/>ue dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>st pr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>t\u00e9e ci-<span class=\"_ _5\"/>de<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>ous :</div>\n<div class=\"t m0 x7 hb y53 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd25 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd26 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x10a hd yd27 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\"> 5,2<span class=\"_ _1ee\"> </span><span class=\"ls14 ws16\"> 4,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd yd28 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x10a hd yd29 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\"> 5,2<span class=\"_ _1ee\"> </span><span class=\"ls14 ws16\"> 4,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd yd2a ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _266\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1e0\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yd2b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes de r\u00e9\u00e9valuation<span class=\"_ _24c\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>1)</span></span></div>\n<div class=\"t m0 x7 hd yd2c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme co\u00fbts financiers<span class=\"_ _b9\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd yd2d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme charges d'<span class=\"_ _d\"/>exploitation<span class=\"_ _268\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>1)</span></span></div>\n<div class=\"t m0 x7 hf yd2e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x10a h1b yd2f ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 4,<span class=\"_ _5\"/>9<span class=\"_ _ec\"> </span> 3<span class=\"_ _5\"/>,3</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur les f<span class=\"_ _5\"/>rais d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el et le<span class=\"_ _5\"/>s charge<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res es<span class=\"_ _5\"/>t pr\u00e9<span class=\"_ _5\"/>sent\u00e9 c<span class=\"_ _5\"/>i-<span class=\"_ _5\"/>des<span class=\"_ _5\"/>sous :</div>\n<div class=\"t m0 x7 hb y61 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd61 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd62 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel<span class=\"_ _1e5\"> </span><span class=\"ls3b ws43\"> 5,1<span class=\"_ _1ed\"> </span><span class=\"ls26 ws28\"> 3,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd yd63 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges financi\u00e8res<span class=\"_ _175\"> </span><span class=\"ls0 ws0\">(0<span class=\"_ _5\"/>,2)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hf yd64 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x10a h1b yd65 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 4,<span class=\"_ _5\"/>9<span class=\"_ _ec\"> </span> 3<span class=\"_ _5\"/>,3</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 155px; height: 927px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 155px; height: 927px; width: 96%; z-index: 1;\"><br/></div>\n\n<div/>\n\n<div/>\n\n<div/>\n<div/>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.27 <span class=\"_ _4\"> </span>Det<span class=\"_ _5\"/>t<span class=\"_ _d\"/>es com<span class=\"_ _d\"/>merci<span class=\"_ _d\"/>ales et aut<span class=\"_ _d\"/>res dettes</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes c<span class=\"_ _d\"/>ommerciales<span class=\"_ _175\"> </span><span class=\"ls42 ws4c\">2,<span class=\"_ _5\"/>2<span class=\"_ _13e\"> </span><span class=\"ls0 ws0\">1<span class=\"_ _5\"/>,6 </span></span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres dettes<span class=\"_ _269\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>3,7<span class=\"_ _1d7\"> </span><span class=\"ls2b ws2d\">31,8</span></span></div>\n<div class=\"t m0 x7 hf y993 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES DETTES NON COURANTES</div>\n<div class=\"t m0 x170 h1b y994 ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">25,9<span class=\"_ _1e2\"> </span><span class=\"ls25 ws27\">33,3</span></div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e sont li<span class=\"_ _5\"/>\u00e9es \u00e0 l'acha<span class=\"_ _5\"/>t des ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns mino<span class=\"_ _5\"/>rita<span class=\"_ _5\"/>ires d'Act<span class=\"_ _5\"/>ive A<span class=\"_ _5\"/>nts In<span class=\"_ _5\"/>ternat<span class=\"_ _5\"/>ional<span class=\"_ _5\"/>, Ant<span class=\"_ _5\"/>hill et Mar<span class=\"_ _5\"/>ceau (IMX<span class=\"_ _5\"/>). La dimin<span class=\"_ _5\"/>ution</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l'ann<span class=\"_ _5\"/>\u00e9e de<span class=\"_ _5\"/>rni\u00e8r<span class=\"_ _5\"/>e s'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>e par la r\u00e9<span class=\"_ _5\"/>\u00e9valua<span class=\"_ _5\"/>tion en 2<span class=\"_ _5\"/>022 du p<span class=\"_ _5\"/>rix d'exe<span class=\"_ _5\"/>rcice va<span class=\"_ _5\"/>riable p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ions re<span class=\"_ _5\"/>st<span class=\"_ _5\"/>antes d'Ant<span class=\"_ _5\"/>hill BV et d'Ac-</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s Inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>nal, par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>iellem<span class=\"_ _5\"/>ent com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>\u00e9e par la r<span class=\"_ _5\"/>econn<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>ance du pa<span class=\"_ _5\"/>ssif l<span class=\"_ _5\"/>i\u00e9 aux ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns mino<span class=\"_ _5\"/>rita<span class=\"_ _5\"/>ires d'I<span class=\"_ _5\"/>MX<span class=\"_ _5\"/>.</div>\n\n<div/>\n\n<div/>\n\n<div class=\"t m0 x7 hb y8d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y27 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x55 hc yd66 ff7 fs7 fc0 sc0 lse ws10\" style=\"z-index: 15;\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></div>\n<div class=\"t m0 x7 hd yd67 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes c<span class=\"_ _d\"/>ommerciales<span class=\"_ _26a\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5<span class=\"_ _1e8\"> </span><span class=\"ls0 ws0\"> 382,<span class=\"_ _5\"/>9 </span></span></div>\n<div class=\"t m0 x7 hd yd68 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s col<span class=\"_ _5\"/>lec<span class=\"_ _5\"/>t\u00e9s du<span class=\"_ _5\"/>s aux cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s<span class=\"_ _18f\"> </span><span class=\"ls7 ws8\">65,5<span class=\"_ _1e2\"> </span></span> 59,9</div>\n<div class=\"t m0 x7 hd yd69 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Frais terminaux<span class=\"_ _26b\"> </span>298,4<span class=\"_ _1c9\"> </span><span class=\"ls0 ws0\"> 32<span class=\"_ _5\"/>9,2 </span></div>\n<div class=\"t m0 x7 hd yd6a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes salariales et<span class=\"_ _d\"/> sociales<span class=\"_ _26c\"> </span><span class=\"ls2b ws2d\">421,<span class=\"_ _5\"/>6<span class=\"_ _1fd\"> </span><span class=\"ls1d ws1f\"> 366,4 </span></span></div>\n<div class=\"t m0 x7 hd yd6b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>sca<span class=\"_ _5\"/>les au<span class=\"_ _5\"/>tres q<span class=\"_ _5\"/>ue l'imp<span class=\"_ _5\"/>\u00f4t sur le<span class=\"_ _5\"/>s rev<span class=\"_ _5\"/>enus<span class=\"_ _166\"> </span><span class=\"ls2b ws2d\">10,0<span class=\"_ _18a\"> </span><span class=\"ls1b ws1d\"> 9,7 </span></span></div>\n<div class=\"t m0 x7 hd yd6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Compte de transit machines \u00e0<span class=\"_ _d\"/> af<span class=\"_ _5\"/>franchir<span class=\"_ _163\"> </span><span class=\"ls2b ws2d\">10,3<span class=\"_ _1e2\"> </span> 10,<span class=\"_ _5\"/>3 </span></div>\n<div class=\"t m0 x7 hd yd6d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Fon<span class=\"_ _5\"/>ds de ro<span class=\"_ _5\"/>ulem<span class=\"_ _5\"/>ent de l'<span class=\"_ _5\"/>Etat po<span class=\"_ _5\"/>ur la fo<span class=\"_ _5\"/>urni<span class=\"_ _5\"/>ture de<span class=\"_ _5\"/>s se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices p<span class=\"_ _5\"/>os<span class=\"_ _5\"/>taux</div>\n<div class=\"t m0 x7 hd yd6e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">financier<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x55 hd yd6d ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">18,8<span class=\"_ _1f5\"> </span><span class=\"ls0 ws0\"> 18<span class=\"_ _5\"/>,8 </span></div>\n<div class=\"t m0 x7 hd yd6f ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Cautions<span class=\"_ _26d\"> </span><span class=\"ls43 ws4d\">11,<span class=\"_ _5\"/>5<span class=\"_ _1ce\"> </span><span class=\"ls0 ws0\"> 11<span class=\"_ _5\"/>,3 </span></span></div>\n<div class=\"t m0 x7 hd yd70 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions (hors frais terminaux)<span class=\"_ _146\"> </span><span class=\"ls16 ws18\">181,8<span class=\"_ _1e8\"> </span><span class=\"ls2a ws2c\"> 179<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hd yd71 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Produits repor<span class=\"_ _5\"/>t\u00e9s<span class=\"_ _26e\"> </span><span class=\"ls28 ws2a\">73,6<span class=\"_ _1f5\"> </span><span class=\"ls0 ws0\"> 75<span class=\"_ _5\"/>,8 </span></span></div>\n<div class=\"t m0 x7 hd yd72 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres dettes<span class=\"_ _26f\"> </span><span class=\"ls7 ws8\">15,<span class=\"_ _5\"/>5<span class=\"_ _1f5\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hf yd73 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES DETTES COURANTES</div>\n<div class=\"t m0 x27 h1b yd74 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">1.494,4<span class=\"_ _1ef\"> </span><span class=\"ls0 ws0\"> 1<span class=\"_ _5\"/>.470,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 541px; height: 301px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 541px; height: 301px; width: 88%; z-index: 5;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 541px; height: 301px; width: 90%; z-index: 4;\"/>\n\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les v<span class=\"_ _5\"/>aleur<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s sont con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>\u00e9es co<span class=\"_ _5\"/>mme une a<span class=\"_ _5\"/>pproxi<span class=\"_ _5\"/>mation r<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>onnable d<span class=\"_ _5\"/>e la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>.</div>\n\n<div/>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es det<span class=\"_ _5\"/>tes co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ciales e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es det<span class=\"_ _5\"/>tes \u00e0 co<span class=\"_ _5\"/>ur<span class=\"_ _5\"/>t term<span class=\"_ _5\"/>e de 23<span class=\"_ _5\"/>,5 m<span class=\"_ _5\"/>EUR \u00e0 1.49<span class=\"_ _5\"/>4,4 mEUR s'exp<span class=\"_ _5\"/>lique p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>paleme<span class=\"_ _5\"/>nt par :</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on de l'encou<span class=\"_ _5\"/>rs de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes sa<span class=\"_ _5\"/>larial<span class=\"_ _5\"/>es et s<span class=\"_ _5\"/>ociale<span class=\"_ _5\"/>s (55,<span class=\"_ _5\"/>2 mEUR), pri<span class=\"_ _5\"/>ncipale<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>ue au rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t du paie<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es pr\u00e9<span class=\"_ _5\"/>compte<span class=\"_ _5\"/>s sur</div>\n<div class=\"t m0 x2a h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sal<span class=\"_ _5\"/>aires (3<span class=\"_ _5\"/>0,6 mEUR), une m<span class=\"_ _5\"/>esure a<span class=\"_ _5\"/>ccord\u00e9<span class=\"_ _5\"/>e par le gou<span class=\"_ _5\"/>vern<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t belge da<span class=\"_ _5\"/>ns le conte<span class=\"_ _5\"/>xte d<span class=\"_ _5\"/>e la cri<span class=\"_ _5\"/>se \u00e9ne<span class=\"_ _5\"/>rg\u00e9t<span class=\"_ _5\"/>ique ; par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>iellem<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>ens<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x2a h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par ;</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>la dimi<span class=\"_ _5\"/>nutio<span class=\"_ _5\"/>n des fr<span class=\"_ _5\"/>ais ter<span class=\"_ _5\"/>minau<span class=\"_ _5\"/>x des op<span class=\"_ _5\"/>\u00e9rate<span class=\"_ _5\"/>urs p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux de 3<span class=\"_ _5\"/>0,8 mEUR e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de l'augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s r\u00e8gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s posit<span class=\"_ _5\"/>ions en s<span class=\"_ _5\"/>us-</div>\n<div class=\"t m0 x2a h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>ns de l'ann\u00e9<span class=\"_ _5\"/>e pr\u00e9c\u00e9<span class=\"_ _5\"/>dente e<span class=\"_ _5\"/>t de la dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>front<span class=\"_ _5\"/>ali\u00e8<span class=\"_ _5\"/>res ;</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>le rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent du fo<span class=\"_ _5\"/>nds de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt de 12,<span class=\"_ _5\"/>0 mEUR (inc<span class=\"_ _5\"/>lus dans le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es det<span class=\"_ _5\"/>tes) de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e au 3 janvie<span class=\"_ _5\"/>r 2022 a<span class=\"_ _5\"/>u mome<span class=\"_ _5\"/>nt de la</div>\n<div class=\"t m0 x2a h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n dans laq<span class=\"_ _5\"/>uelle B<span class=\"_ _5\"/>NP Parib<span class=\"_ _5\"/>as For<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>s a acquis le<span class=\"_ _5\"/>s 50<span class=\"_ _5\"/>% d'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de bp<span class=\"_ _5\"/>ost dan<span class=\"_ _5\"/>s bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que.</div>\n\n<div class=\"t m0 x5 hb y20d ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Pas<span class=\"_ _5\"/>sifs d<span class=\"_ _5\"/>e contra<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x7 hb y5d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd75 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd76 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Tim<span class=\"_ _5\"/>bre<span class=\"_ _5\"/>s vend<span class=\"_ _5\"/>us non u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s et c<span class=\"_ _5\"/>r\u00e9di<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ur mach<span class=\"_ _5\"/>ines \u00e0 a<span class=\"_ _5\"/>ff<span class=\"_ _5\"/>ran<span class=\"_ _5\"/>chir<span class=\"_ _270\"> </span><span class=\"ls3b ws43\">53,1<span class=\"_ _1e2\"> </span><span class=\"ls12 ws14\"> 4<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>9<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hd yd77 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>ifs de c<span class=\"_ _5\"/>ontr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s<span class=\"_ _195\"> </span><span class=\"ls28 ws2a\">18,5<span class=\"_ _1f5\"> </span></span> 2<span class=\"_ _5\"/>5,9</div>\n<div class=\"t m0 x7 hf yd78 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">OBLIGA<span class=\"_ _1\"/>TIONS LI\u00c9ES AUX C<span class=\"_ _d\"/>ONTRA<span class=\"_ _1\"/>TS</div>\n<div class=\"t m0 x170 h1b yd79 ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">71,<span class=\"_ _5\"/>6<span class=\"_ _128\"> </span><span class=\"ls0 ws0\"> 7<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>8</span></div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s d\u00e9j\u00e0 pay\u00e9<span class=\"_ _5\"/>es par le<span class=\"_ _5\"/>s clien<span class=\"_ _5\"/>ts qui o<span class=\"_ _5\"/>nt \u00e9t\u00e9 aff<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>t\u00e9es \u00e0 l'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de pre<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>tion r\u00e9<span class=\"_ _5\"/>sidue<span class=\"_ _5\"/>lle (par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent) ins<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>faite s'\u00e9l\u00e8<span class=\"_ _5\"/>vent</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 53<span class=\"_ _5\"/>,1 mEUR et co<span class=\"_ _5\"/>ncern<span class=\"_ _5\"/>ent pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t les tim<span class=\"_ _5\"/>bres e<span class=\"_ _5\"/>t les cr\u00e9<span class=\"_ _5\"/>dit<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s machin<span class=\"_ _5\"/>es \u00e0 affr<span class=\"_ _5\"/>anch<span class=\"_ _5\"/>ir vendu<span class=\"_ _5\"/>s, mais n<span class=\"_ _5\"/>on enco<span class=\"_ _5\"/>re utili<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r les</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clie<span class=\"_ _5\"/>nts \u00e0 l<span class=\"_ _5\"/>a date de cl\u00f4t<span class=\"_ _5\"/>ure du bila<span class=\"_ _5\"/>n. \u00c0 la f<span class=\"_ _5\"/>in de l'ann\u00e9e<span class=\"_ _5\"/>, l'<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>on de r\u00e9<span class=\"_ _5\"/>sultat p<span class=\"_ _5\"/>our le SIEG a \u00e9<span class=\"_ _5\"/>t\u00e9 remp<span class=\"_ _5\"/>lie et au<span class=\"_ _5\"/>cun pas<span class=\"_ _5\"/>sif de cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s n'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">comptabilis\u00e9.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 117px; height: 230px; width: 88%; z-index: 5;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 117px; height: 380px; width: 90%; z-index: 4;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 117px; height: 965px; width: 92%; z-index: 3;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 117px; height: 965px; width: 94%; z-index: 2;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 117px; height: 965px; width: 96%; z-index: 1;\"/>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 lsa1 wsb4\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>28 <span class=\"_ _4\"> </span>Pro<span class=\"_ _d\"/>visions</div>\n<div class=\"t m0 x7 hc yd7a ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _208\"> </span><span class=\"ls41 ws4b\">LITIGES<span class=\"_ _69\"> </span><span class=\"ls48 ws56\">ENVIRONNEMENT<span class=\"_ _271\"> </span><span class=\"ff7\">CONTRATS<span class=\"_ _d\"/> ON\u00c9REUX</span></span></span></div>\n<div class=\"t m0 x10a hc yd7b ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">RE<span class=\"_ _5\"/>STR<span class=\"_ _5\"/>UC<span class=\"_ _5\"/>TUR<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON &amp;</div>\n<div class=\"t m0 x104 hc yd7a ff5 fs7 fc2 sc0 lsa0 wsb3\" style=\"z-index: 15;\">AUTRES<span class=\"_ _cf\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf yd7c ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SOLDE AU 1</div>\n<div class=\"t m0 x192 h22 yd7d ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x6c hf yd7c ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x11c h1b yd7e ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">15,<span class=\"_ _5\"/>2<span class=\"_ _119\"> </span><span class=\"ls26 ws28\">2,6<span class=\"_ _119\"> </span><span class=\"lsd8 wsfa\">2,8<span class=\"_ _119\"> </span><span class=\"ls2e ws30\">6,4<span class=\"_ _18\"> </span><span class=\"lsd2 wsf2\">2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd7f ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Provision supp<span class=\"_ _5\"/>l\u00e9mentaire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd yd80 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">constitu\u00e9es</div>\n<div class=\"t m0 x118 hd yd7f ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">5,4<span class=\"_ _1c\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _26\"> </span><span class=\"ls14 ws16\">1,6<span class=\"_ _1c\"> </span><span class=\"ls26 ws28\">3,2<span class=\"_ _1b\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>2</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd81 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ad<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>n suite a<span class=\"_ _5\"/>ux re<span class=\"_ _5\"/>group<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd yd82 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>entreprises</div>\n<div class=\"t m0 x118 hd yd81 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1c\"> </span>0,0<span class=\"_ _26\"> </span>0,0<span class=\"_ _1c\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yd83 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions utilis\u00e9es<span class=\"_ _251\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _1c\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _16c\"> </span><span class=\"ls42 ws4c\">(2,<span class=\"_ _d\"/>7)<span class=\"_ _16c\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9)<span class=\"_ _18\"> </span>(<span class=\"_ _5\"/>4,7)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd84 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions reprises<span class=\"_ _208\"> </span><span class=\"ls22 ws24\">(3,<span class=\"_ _5\"/>3)<span class=\"_ _18\"> </span><span class=\"ls90 wsa4\">(2<span class=\"_ _5\"/>,1)<span class=\"_ _26\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _16c\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>9)<span class=\"_ _f3\"> </span></span></span></span>(6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)</span></div>\n<div class=\"t m0 x7 hd yd85 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t ver<span class=\"_ _5\"/>s les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>n\u00e9s \u00e0</div>\n<div class=\"t m0 x7 hd yd86 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la ve<span class=\"_ _5\"/>nte</div>\n<div class=\"t m0 x118 hd yd85 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _16c\"> </span><span class=\"ls22 ws24\">(0,<span class=\"_ _5\"/>4)<span class=\"_ _16c\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>0,1)<span class=\"_ _16c\"> </span><span class=\"ls0 ws0\">(0<span class=\"_ _5\"/>,5)</span></span></span></div>\n<div class=\"t m0 x7 hd yd87 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _251\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1c\"> </span>0,1<span class=\"_ _26\"> </span>0,0<span class=\"_ _1c\"> </span>0,1</span></div>\n<div class=\"t m0 x7 hd yd88 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _152\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _26\"> </span>0,0<span class=\"_ _1c\"> </span>0,0<span class=\"_ _26\"> </span>0,0<span class=\"_ _26\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yd89 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SOLDE AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x59 h1b yd8a ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">17,<span class=\"_ _5\"/>2<span class=\"_ _28\"> </span><span class=\"ls14 ws16\">0,<span class=\"_ _5\"/>5<span class=\"_ _119\"> </span><span class=\"ls4c ws5a\">1,4<span class=\"_ _b7\"> </span><span class=\"lsd4 wsf5\">6<span class=\"_ _5\"/>,7<span class=\"_ _11c\"> </span><span class=\"ls9d wsaf\">25,8</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd8b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s non co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>tes \u00e0 la f<span class=\"_ _5\"/>in de</div>\n<div class=\"t m0 x7 hd yd8c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">l'<span class=\"_ _d\"/>exercice</div>\n<div class=\"t m0 x58 hd yd8b ff4 fs8 fc2 sc0 ls90 wsa4\" style=\"z-index: 15;\">14,<span class=\"_ _5\"/>0<span class=\"_ _1c\"> </span><span class=\"ls18 ws1a\">0,5<span class=\"_ _26\"> </span>0,1<span class=\"_ _26\"> </span>0,1<span class=\"_ _1b\"> </span><span class=\"ls1b ws1d\">14<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd yd8d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ante<span class=\"_ _5\"/>s \u00e0 la fi<span class=\"_ _5\"/>n de l'exer<span class=\"_ _5\"/>cice<span class=\"_ _1d\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>2<span class=\"_ _28\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _28\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>3<span class=\"_ _1c\"> </span><span class=\"ls28 ws2a\">6,6<span class=\"_ _1b\"> </span><span class=\"ls43 ws4d\">11,1</span></span></span></span></span></div>\n<div class=\"t m0 x58 hd yd8e ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">17,<span class=\"_ _2\"/>2<span class=\"_ _26\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>5<span class=\"_ _1c\"> </span><span class=\"ls14 ws16\">1,4<span class=\"_ _26\"> </span><span class=\"ls1b ws1d\">6<span class=\"_ _5\"/>,7<span class=\"_ _25\"> </span><span class=\"ls7 ws8\">25,<span class=\"_ _5\"/>8</span></span></span></span></div>\n<div class=\"t m0 x7 hf yd8f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SOLDE AU 1</div>\n<div class=\"t m0 x192 h22 yd90 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x6c hf yd8f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x59 h1b yd91 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">17,<span class=\"_ _5\"/>2<span class=\"_ _28\"> </span><span class=\"ls14 ws16\">0,<span class=\"_ _5\"/>5<span class=\"_ _119\"> </span><span class=\"ls4c ws5a\">1,4<span class=\"_ _b7\"> </span><span class=\"lsd4 wsf5\">6<span class=\"_ _5\"/>,7<span class=\"_ _11c\"> </span><span class=\"ls9d wsaf\">25,8</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd92 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Provision supp<span class=\"_ _5\"/>l\u00e9mentaire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd yd93 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">constitu\u00e9es</div>\n<div class=\"t m0 x118 hd yd92 ff4 fs8 fc2 sc0 ls26 ws28\" style=\"z-index: 15;\">3,3<span class=\"_ _26\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1c\"> </span><span class=\"ls14 ws16\">1,2<span class=\"_ _1c\"> </span><span class=\"ls1d ws1f\">6,2<span class=\"_ _1b\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>6</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd94 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ad<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>n suite a<span class=\"_ _5\"/>ux re<span class=\"_ _5\"/>group<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd yd95 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>entreprises</div>\n<div class=\"t m0 x168 hd yd94 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x7 hd yd96 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions utilis\u00e9es<span class=\"_ _251\"> </span><span class=\"ls0 ws0\">(0<span class=\"_ _5\"/>,6)<span class=\"_ _1c\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _f3\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2)<span class=\"_ _18\"> </span><span class=\"ls42 ws4c\">(2,7)<span class=\"_ _f3\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>5)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yd97 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions reprises<span class=\"_ _208\"> </span><span class=\"ls22 ws24\">(2<span class=\"_ _5\"/>,4)<span class=\"_ _26\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _f3\"> </span><span class=\"ls0 ws0\">(2,<span class=\"_ _5\"/>8)<span class=\"_ _16c\"> </span><span class=\"ls2b ws2d\">(5,<span class=\"_ _5\"/>2)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd98 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t ver<span class=\"_ _5\"/>s les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9<span class=\"_ _5\"/>tenus e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x7 hd yd99 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x118 hd yd98 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1c\"> </span>0,0<span class=\"_ _26\"> </span>0,0<span class=\"_ _1c\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yd9a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _251\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1c\"> </span>0,0<span class=\"_ _26\"> </span>0,0<span class=\"_ _1c\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yd9b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SOLDE AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x59 h1b yd9c ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">17,<span class=\"_ _5\"/>3<span class=\"_ _28\"> </span><span class=\"ls14 ws16\">0,<span class=\"_ _5\"/>5<span class=\"_ _119\"> </span><span class=\"ls4c ws5a\">1,4<span class=\"_ _28\"> </span></span></span>7,<span class=\"_ _5\"/>4<span class=\"_ _18\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>6,7</span></div>\n<div class=\"t m0 x7 hd yd9d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s non co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>tes \u00e0 la f<span class=\"_ _5\"/>in de</div>\n<div class=\"t m0 x7 hd yd9e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">l'<span class=\"_ _d\"/>exercice</div>\n<div class=\"t m0 x58 hd yd9d ff4 fs8 fc2 sc0 ls90 wsa4\" style=\"z-index: 15;\">14,<span class=\"_ _5\"/>1<span class=\"_ _1c\"> </span><span class=\"ls18 ws1a\">0,5<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>5<span class=\"_ _1c\"> </span>0,1<span class=\"_ _25\"> </span><span class=\"ls7 ws8\">1<span class=\"_ _5\"/>5,2</span></span></div>\n<div class=\"t m0 x7 hd yd9f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ante<span class=\"_ _5\"/>s \u00e0 la fi<span class=\"_ _5\"/>n de l'exer<span class=\"_ _5\"/>cice<span class=\"_ _1d\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>3<span class=\"_ _28\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _1c\"> </span>0,9<span class=\"_ _26\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _2\"/>3<span class=\"_ _1b\"> </span><span class=\"ls43 ws4d\">11<span class=\"_ _5\"/>,5</span></span></span></span></div>\n<div class=\"t m0 x59 h1b yda0 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">17,<span class=\"_ _5\"/>3<span class=\"_ _28\"> </span><span class=\"ls14 ws16\">0,<span class=\"_ _5\"/>5<span class=\"_ _119\"> </span><span class=\"ls4c ws5a\">1,4<span class=\"_ _28\"> </span></span></span>7,<span class=\"_ _5\"/>4<span class=\"_ _18\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>6,7</span></div>\n<div class=\"t m0 x5 h7 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La <span class=\"ff7 ws4a\">p<span class=\"_ _5\"/>rovis<span class=\"_ _5\"/>ion po<span class=\"_ _5\"/>ur liti<span class=\"_ _5\"/>ges</span> s'\u00e9lev<span class=\"_ _5\"/>ait \u00e0 1<span class=\"_ _d\"/>7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3 mEUR a<span class=\"_ _5\"/>u 31 d\u00e9cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2. Cel<span class=\"_ _5\"/>a repr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>te le d\u00e9c<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t atte<span class=\"_ _5\"/>ndu, li<span class=\"_ _5\"/>\u00e9 \u00e0 diver<span class=\"_ _5\"/>s litige<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>ls ou</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">immin<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s) entre b<span class=\"_ _5\"/>post e<span class=\"_ _5\"/>t des t<span class=\"_ _5\"/>iers<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>ode ant<span class=\"_ _5\"/>icip\u00e9<span class=\"_ _5\"/>e pour l<span class=\"_ _5\"/>es d\u00e9c<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>seme<span class=\"_ _5\"/>nts y a<span class=\"_ _5\"/>ff\u00e9r<span class=\"_ _5\"/>ant d\u00e9p<span class=\"_ _5\"/>end de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>av<span class=\"_ _5\"/>ancem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s proc\u00e9<span class=\"_ _5\"/>dure<span class=\"_ _5\"/>s sous \u2013 ja<span class=\"_ _5\"/>centes p<span class=\"_ _5\"/>our les<span class=\"_ _5\"/>quell<span class=\"_ _5\"/>es le d\u00e9<span class=\"_ _5\"/>lai</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">demeure i<span class=\"_ _d\"/>ncer<span class=\"_ _5\"/>tai<span class=\"_ _d\"/>n.</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t impliqu<span class=\"_ _5\"/>\u00e9e dans l<span class=\"_ _5\"/>es conte<span class=\"_ _5\"/>ntieu<span class=\"_ _5\"/>x initi<span class=\"_ _5\"/>\u00e9s par de<span class=\"_ _5\"/>s inter<span class=\"_ _5\"/>m\u00e9dia<span class=\"_ _5\"/>ires su<span class=\"_ _5\"/>ivant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Une de<span class=\"_ _5\"/>mand<span class=\"_ _5\"/>e de domma<span class=\"_ _5\"/>ges et in<span class=\"_ _5\"/>t\u00e9r\u00eat<span class=\"_ _5\"/>s po<span class=\"_ _5\"/>ur un mont<span class=\"_ _5\"/>ant pr\u00e9<span class=\"_ _5\"/>sum\u00e9 (p<span class=\"_ _5\"/>rovis<span class=\"_ _5\"/>oire) d'envir<span class=\"_ _5\"/>on 21,1 mEUR (<span class=\"_ _5\"/>hors p<span class=\"_ _5\"/>aiem<span class=\"_ _5\"/>ent des i<span class=\"_ _5\"/>nt\u00e9r\u00eat<span class=\"_ _5\"/>s de r<span class=\"_ _5\"/>etar<span class=\"_ _5\"/>d)</div>\n<div class=\"t m0 x2a h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le c<span class=\"_ _5\"/>adre d'un<span class=\"_ _5\"/>e proc\u00e9<span class=\"_ _5\"/>dure ju<span class=\"_ _5\"/>diciaire i<span class=\"_ _5\"/>niti\u00e9<span class=\"_ _5\"/>e par Publ<span class=\"_ _5\"/>imail NV/SA<span class=\"_ _5\"/>. Le t<span class=\"_ _5\"/>ribun<span class=\"_ _5\"/>al de comm<span class=\"_ _5\"/>erce de B<span class=\"_ _5\"/>ruxe<span class=\"_ _5\"/>lles a re<span class=\"_ _5\"/>jet\u00e9 la pl<span class=\"_ _5\"/>ainte de Pub<span class=\"_ _5\"/>limail</div>\n<div class=\"t m0 x2a h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le 3 mai 2016. Pu<span class=\"_ _5\"/>blimail a f<span class=\"_ _5\"/>ait app<span class=\"_ _5\"/>el de cet<span class=\"_ _5\"/>te d\u00e9<span class=\"_ _5\"/>cisio<span class=\"_ _5\"/>n le 16 d\u00e9cem<span class=\"_ _5\"/>bre 2016. L<span class=\"_ _3b\"/>'aff<span class=\"_ _5\"/>aire de<span class=\"_ _5\"/>vait \u00ea<span class=\"_ _5\"/>tre plai<span class=\"_ _5\"/>d\u00e9e en a<span class=\"_ _5\"/>vril 20<span class=\"_ _5\"/>21 mais le jug<span class=\"_ _5\"/>e a d\u00e9cid<span class=\"_ _5\"/>\u00e9 de</div>\n<div class=\"t m0 x2a h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ter l'audie<span class=\"_ _5\"/>nce en at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dant la d\u00e9<span class=\"_ _5\"/>cisio<span class=\"_ _5\"/>n de la Cour d<span class=\"_ _5\"/>e just<span class=\"_ _5\"/>ice euro<span class=\"_ _5\"/>p\u00e9e<span class=\"_ _5\"/>nne dans l'aff<span class=\"_ _5\"/>aire op<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>nt bpos<span class=\"_ _5\"/>t \u00e0 l'<span class=\"_ _d\"/>Au<span class=\"_ _5\"/>torit\u00e9 b<span class=\"_ _5\"/>elge de l<span class=\"_ _5\"/>a concur-</div>\n<div class=\"t m0 x2a h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ren<span class=\"_ _5\"/>ce. Un jugem<span class=\"_ _5\"/>ent n'est p<span class=\"_ _5\"/>as at<span class=\"_ _5\"/>tendu av<span class=\"_ _5\"/>ant la f<span class=\"_ _5\"/>in de 202<span class=\"_ _5\"/>3.</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Une de<span class=\"_ _5\"/>mand<span class=\"_ _5\"/>e de domma<span class=\"_ _5\"/>ges et in<span class=\"_ _5\"/>t\u00e9r\u00eat<span class=\"_ _5\"/>s d'un mon<span class=\"_ _5\"/>tant ap<span class=\"_ _5\"/>proxi<span class=\"_ _5\"/>matif (pr<span class=\"_ _5\"/>ovis<span class=\"_ _5\"/>oire) d'enviro<span class=\"_ _5\"/>n 28,0 m<span class=\"_ _5\"/>EUR (hor<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s int\u00e9r\u00ea<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x2a h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ret<span class=\"_ _5\"/>ard) da<span class=\"_ _5\"/>ns le cad<span class=\"_ _5\"/>re d'une pro<span class=\"_ _5\"/>c\u00e9dur<span class=\"_ _5\"/>e judiciai<span class=\"_ _5\"/>re initi<span class=\"_ _5\"/>\u00e9e par L<span class=\"_ _5\"/>ink2<span class=\"_ _5\"/>Biz Inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>nal NV/SA e<span class=\"_ _5\"/>t pend<span class=\"_ _5\"/>ante dev<span class=\"_ _5\"/>ant le tr<span class=\"_ _5\"/>ibunal d<span class=\"_ _5\"/>e comme<span class=\"_ _5\"/>rce</div>\n<div class=\"t m0 x2a h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de Br<span class=\"_ _5\"/>uxel<span class=\"_ _5\"/>les. C<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>s aspe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>s de la r<span class=\"_ _5\"/>elatio<span class=\"_ _5\"/>n contr<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tuelle e<span class=\"_ _5\"/>ntre Li<span class=\"_ _5\"/>nk2B<span class=\"_ _5\"/>iz et bp<span class=\"_ _5\"/>ost fo<span class=\"_ _5\"/>nt \u00e9gal<span class=\"_ _5\"/>ement l'obj<span class=\"_ _5\"/>et d'une pr<span class=\"_ _5\"/>oc\u00e9du<span class=\"_ _5\"/>re pour m<span class=\"_ _5\"/>esure<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prov<span class=\"_ _5\"/>isoi<span class=\"_ _5\"/>res (adop<span class=\"_ _5\"/>t\u00e9e le 21 juin 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>10), pour la<span class=\"_ _5\"/>quell<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t a fait a<span class=\"_ _5\"/>ppel e<span class=\"_ _5\"/>n ao\u00fbt 2010 et qu<span class=\"_ _5\"/>i est a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent pe<span class=\"_ _5\"/>ndante de<span class=\"_ _5\"/>vant la C<span class=\"_ _5\"/>our d'appe<span class=\"_ _5\"/>l</div>\n<div class=\"t m0 x2a h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de Br<span class=\"_ _5\"/>uxel<span class=\"_ _5\"/>les. I<span class=\"_ _5\"/>l est p<span class=\"_ _5\"/>r\u00e9vu q<span class=\"_ _5\"/>ue la Cour r<span class=\"_ _5\"/>etire ce p<span class=\"_ _5\"/>oint du re<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tre sui<span class=\"_ _5\"/>te \u00e0 la cl\u00f4tur<span class=\"_ _5\"/>e de la pro<span class=\"_ _5\"/>c\u00e9dure d<span class=\"_ _5\"/>e failli<span class=\"_ _5\"/>te par le T<span class=\"_ _d\"/>rib<span class=\"_ _5\"/>unal de<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>\u00e9t\u00e9s du</div>\n<div class=\"t m0 x2a h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Br<span class=\"_ _5\"/>abant wa<span class=\"_ _5\"/>llon en av<span class=\"_ _5\"/>ril 2020, c'e<span class=\"_ _5\"/>st-\u00e0-<span class=\"_ _5\"/>dire d<span class=\"_ _5\"/>ans le cour<span class=\"_ _5\"/>ant de 202<span class=\"_ _5\"/>3.</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>utes le<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>dicat<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>t all\u00e9ga<span class=\"_ _5\"/>tions s<span class=\"_ _5\"/>ont conte<span class=\"_ _5\"/>st\u00e9<span class=\"_ _5\"/>es par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 102px; height: 980px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 102px; height: 980px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Enf<span class=\"_ _5\"/>in, le 10 d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>12<span class=\"_ _5\"/>, l'<span class=\"_ _1\"/>A<span class=\"_ _5\"/>utor<span class=\"_ _5\"/>it\u00e9 belg<span class=\"_ _5\"/>e de la conc<span class=\"_ _5\"/>urren<span class=\"_ _5\"/>ce a conclu q<span class=\"_ _5\"/>ue cer<span class=\"_ _5\"/>tai<span class=\"_ _5\"/>ns asp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>a polit<span class=\"_ _5\"/>ique ta<span class=\"_ _5\"/>rif<span class=\"_ _5\"/>aire de bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>ur la p\u00e9r<span class=\"_ _5\"/>iode</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">janvi<span class=\"_ _5\"/>er 2010-<span class=\"_ _5\"/>juille<span class=\"_ _5\"/>t 20<span class=\"_ _d\"/>11 en<span class=\"_ _5\"/>freig<span class=\"_ _5\"/>naient le d<span class=\"_ _5\"/>roit be<span class=\"_ _5\"/>lge et e<span class=\"_ _5\"/>urop\u00e9<span class=\"_ _5\"/>en de la co<span class=\"_ _5\"/>ncurr<span class=\"_ _5\"/>ence et a i<span class=\"_ _5\"/>mpos<span class=\"_ _5\"/>\u00e9 une ame<span class=\"_ _5\"/>nde d'envir<span class=\"_ _5\"/>on 37<span class=\"_ _1\"/>,<span class=\"_ _5\"/>4 mEUR. M<span class=\"_ _5\"/>\u00eame si</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st a pay\u00e9 l'ame<span class=\"_ _5\"/>nde en 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>1<span class=\"_ _5\"/>3, elle a co<span class=\"_ _5\"/>ntes<span class=\"_ _5\"/>t\u00e9 les conc<span class=\"_ _5\"/>lusion<span class=\"_ _5\"/>s de l'<span class=\"_ _d\"/>Aut<span class=\"_ _5\"/>orit\u00e9 b<span class=\"_ _5\"/>elge de l<span class=\"_ _5\"/>a concur<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>t a fait ap<span class=\"_ _5\"/>pel d<span class=\"_ _5\"/>e la d\u00e9ci<span class=\"_ _5\"/>sion de<span class=\"_ _5\"/>vant la</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cour d'ap<span class=\"_ _5\"/>pel de B<span class=\"_ _5\"/>ruxe<span class=\"_ _5\"/>lles<span class=\"_ _5\"/>. Le 10 novem<span class=\"_ _5\"/>bre 2016, la Cou<span class=\"_ _5\"/>r d'<span class=\"_ _d\"/>app<span class=\"_ _5\"/>el de B<span class=\"_ _5\"/>ruxe<span class=\"_ _5\"/>lles a ann<span class=\"_ _5\"/>ul\u00e9 la d\u00e9<span class=\"_ _5\"/>cision d<span class=\"_ _5\"/>e l'<span class=\"_ _1\"/>A<span class=\"_ _5\"/>utor<span class=\"_ _5\"/>it\u00e9. L<span class=\"_ _3b\"/>'auto<span class=\"_ _5\"/>rit\u00e9 b<span class=\"_ _5\"/>elge de la co<span class=\"_ _5\"/>ncur-</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ren<span class=\"_ _5\"/>ce a fait ap<span class=\"_ _5\"/>pel d<span class=\"_ _5\"/>e ce jugeme<span class=\"_ _5\"/>nt deva<span class=\"_ _5\"/>nt la Cour d<span class=\"_ _5\"/>e Cas<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on sur de<span class=\"_ _5\"/>s point<span class=\"_ _5\"/>s de dr<span class=\"_ _5\"/>oit. L<span class=\"_ _5\"/>e 22 nove<span class=\"_ _5\"/>mbre 2018<span class=\"_ _5\"/>, la Cour de C<span class=\"_ _5\"/>as<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n a annul\u00e9 le</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">juge<span class=\"_ _5\"/>ment et a r<span class=\"_ _5\"/>envoy\u00e9 l'affa<span class=\"_ _5\"/>ire dev<span class=\"_ _5\"/>ant la Cour d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>app<span class=\"_ _5\"/>el de B<span class=\"_ _5\"/>ruxe<span class=\"_ _5\"/>lles po<span class=\"_ _5\"/>ur qu\u2019<span class=\"_ _d\"/>el<span class=\"_ _5\"/>le soit re<span class=\"_ _5\"/>jug\u00e9e<span class=\"_ _5\"/>. Par un ar<span class=\"_ _5\"/>r\u00eat du 19 f<span class=\"_ _5\"/>\u00e9vr<span class=\"_ _5\"/>ier 2020, l<span class=\"_ _5\"/>a Cour d'appe<span class=\"_ _5\"/>l</div>\n<div class=\"t m0 x5 h7 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de Br<span class=\"_ _5\"/>uxel<span class=\"_ _5\"/>les a d\u00e9<span class=\"_ _5\"/>cid\u00e9 de s<span class=\"_ _5\"/>oume<span class=\"_ _5\"/>ttr<span class=\"_ _5\"/>e deux q<span class=\"_ _5\"/>ues<span class=\"_ _5\"/>tions p<span class=\"_ _5\"/>r\u00e9jud<span class=\"_ _5\"/>iciell<span class=\"_ _5\"/>es \u00e0 la Cour d<span class=\"_ _5\"/>e just<span class=\"_ _5\"/>ice de l'UE (<span class=\"_ _5\"/>\u201c<span class=\"ff5 ls7 ws8\">CJUE</span>\u201d). Le 2<span class=\"_ _5\"/>2 mars 20<span class=\"_ _5\"/>22, la C<span class=\"_ _5\"/>JUE a re<span class=\"_ _5\"/>ndu un<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>cision p<span class=\"_ _5\"/>r\u00e9jud<span class=\"_ _5\"/>icielle s<span class=\"_ _5\"/>ur les de<span class=\"_ _5\"/>ux que<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>ons so<span class=\"_ _5\"/>ulev\u00e9e<span class=\"_ _5\"/>s par la Co<span class=\"_ _5\"/>ur d'appel d<span class=\"_ _5\"/>e Bru<span class=\"_ _5\"/>xelle<span class=\"_ _5\"/>s. La C<span class=\"_ _5\"/>our d'appe<span class=\"_ _5\"/>l devr<span class=\"_ _5\"/>a mainte<span class=\"_ _5\"/>nant se p<span class=\"_ _5\"/>ronon<span class=\"_ _5\"/>cer \u00e0 la</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lumi\u00e8<span class=\"_ _5\"/>re des r<span class=\"_ _5\"/>\u00e9pon<span class=\"_ _5\"/>ses d<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>es par la C<span class=\"_ _5\"/>JUE</div>\n<div class=\"t m0 x4c h1c y249 ff4 fs12 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6</div>\n<div class=\"t m0 x13b h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">. Une d\u00e9<span class=\"_ _5\"/>cisi<span class=\"_ _5\"/>on fin<span class=\"_ _5\"/>ale n'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t pas at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>due avan<span class=\"_ _5\"/>t la fin d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>\u00e9e 202<span class=\"_ _5\"/>3.</div>\n<div class=\"t m0 x5 h7 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on <span class=\"ff7 ls35 ws9\">environnement<span class=\"_ _d\"/><span class=\"ff4 ls0 ws0\"> s\u2019\u00e9l\u00e8ve \u00e0 0,<span class=\"_ _5\"/>5 mEUR e<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t li\u00e9e \u00e0 de<span class=\"_ _5\"/>s d\u00e9p<span class=\"_ _5\"/>ense<span class=\"_ _5\"/>s pour l\u2019as<span class=\"_ _5\"/>saini<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment du s<span class=\"_ _5\"/>ol. </span></span></div>\n<div class=\"t m0 x5 h7 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on sur le<span class=\"_ _5\"/>s <span class=\"ff5 ls35 ws3b\">con<span class=\"_ _d\"/>trats on\u00e9reux<span class=\"ff4 ls0 ws0\"> rep<span class=\"_ _5\"/>rend la m<span class=\"_ _5\"/>eilleu<span class=\"_ _5\"/>re es<span class=\"_ _5\"/>timati<span class=\"_ _5\"/>on des co<span class=\"_ _5\"/>\u00fbts l<span class=\"_ _5\"/>i\u00e9s \u00e0 la fe<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>ture de<span class=\"_ _5\"/>s bureau<span class=\"_ _5\"/>x de pos<span class=\"_ _5\"/>te et de v<span class=\"_ _5\"/>ente au d\u00e9<span class=\"_ _5\"/>tail </span></span></div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et \u00e0 la ma<span class=\"_ _5\"/>intenan<span class=\"_ _5\"/>ce TIC d'une p<span class=\"_ _5\"/>late<span class=\"_ _5\"/>-for<span class=\"_ _5\"/>me e<span class=\"_ _5\"/>-com<span class=\"_ _5\"/>merce e<span class=\"_ _5\"/>n phas<span class=\"_ _5\"/>e de supp<span class=\"_ _5\"/>res<span class=\"_ _5\"/>sion.</div>\n<div class=\"t m0 x5 h7 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les <span class=\"ff5 ls7 ws8\">au<span class=\"_ _5\"/>tres<span class=\"_ _d\"/><span class=\"ff4 ls0 ws0\"> pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>ns comp<span class=\"_ _5\"/>renne<span class=\"_ _5\"/>nt les co\u00fb<span class=\"_ _5\"/>ts at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dus li\u00e9<span class=\"_ _5\"/>s aux obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>ns de r\u00e9<span class=\"_ _5\"/>parat<span class=\"_ _5\"/>ion et au<span class=\"_ _5\"/>x oblig<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s l\u00e9gale<span class=\"_ _5\"/>s, en<span class=\"_ _5\"/>tre aut<span class=\"_ _5\"/>res<span class=\"_ _5\"/>. Au 31 d\u00e9<span class=\"_ _5\"/>-</span></span></div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2, les au<span class=\"_ _5\"/>tres p<span class=\"_ _5\"/>rovis<span class=\"_ _5\"/>ions s'\u00e9leva<span class=\"_ _5\"/>ient \u00e0 7<span class=\"_ _d\"/>,4 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 822px; height: 260px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y8f ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.29 <span class=\"_ _4\"> </span>Ac<span class=\"_ _5\"/>ti<span class=\"_ _d\"/>fs et passifs f<span class=\"_ _5\"/>in<span class=\"_ _d\"/>anci<span class=\"_ _d\"/>ers</div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau ci<span class=\"_ _5\"/>-d<span class=\"_ _5\"/>es<span class=\"_ _5\"/>sous do<span class=\"_ _5\"/>nne de<span class=\"_ _5\"/>s infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>ns sur la hi\u00e9<span class=\"_ _5\"/>rarc<span class=\"_ _5\"/>hie d\u2019\u00e9valua<span class=\"_ _5\"/>tion \u00e0 la ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs e<span class=\"_ _5\"/>t pass<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t:</div>\n\n<div class=\"t m0 x7 hb yb ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>021</div>\n<div class=\"t m0 x144 hc yda1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>AT\u00c9GO<span class=\"_ _5\"/>RIS<span class=\"_ _5\"/>\u00c9 \u00c0 LA J<span class=\"_ _5\"/>UST<span class=\"_ _5\"/>E VAL<span class=\"_ _5\"/>EUR</div>\n<div class=\"t m0 x7 hc yda2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _272\"> </span><span class=\"lsf ws11\">VALEUR COMPTABLE</span></div>\n<div class=\"t m0 x4f hc yda3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PR<span class=\"_ _5\"/>IX COT<span class=\"_ _5\"/>\u00c9 SUR U<span class=\"_ _5\"/>N MA<span class=\"_ _5\"/>RCH\u00c9</div>\n<div class=\"t m0 x112 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 1)</div>\n<div class=\"t m0 xd0 hc yda3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE DO<span class=\"_ _5\"/>NN\u00c9<span class=\"_ _5\"/>E SI<span class=\"_ _5\"/>GNI<span class=\"_ _5\"/>FIC<span class=\"_ _5\"/>A-</div>\n<div class=\"t m0 x129 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>VE O<span class=\"_ _5\"/>BSE<span class=\"_ _5\"/>RVA<span class=\"_ _5\"/>BLE (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 2)</div>\n<div class=\"t m0 xa9 hc yda3 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DONN\u00c9E SIGNIFICAT<span class=\"_ _d\"/>IV<span class=\"_ _5\"/>E<span class=\"_ _d\"/> NON</div>\n<div class=\"t m0 xd3 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">OB<span class=\"_ _5\"/>SER V<span class=\"_ _5\"/>ABL<span class=\"_ _5\"/>E (NI<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>AU 3)</div>\n<div class=\"t m0 x7 hc yda4 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S FIN<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VALU<span class=\"_ _5\"/>\u00c9S AU CO<span class=\"_ _5\"/>\u00dbT</div>\n<div class=\"t m0 x7 hc yda5 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">AMORTI</div>\n<div class=\"t m0 x7 hc yda6 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd yda7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _b9\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _32\"> </span></span>14,9<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hc yda8 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd yda9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _21b\"> </span><span class=\"ls22 ws24\">1.<span class=\"_ _5\"/>816,<span class=\"_ _5\"/>6<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1.<span class=\"_ _5\"/>816<span class=\"_ _5\"/>,6<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hf ydaa ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES ACTIFS FINANCIER<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x40 h1b ydab ff7 fs8 fc3 sc0 ls4c ws5a\" style=\"z-index: 15;\">1.831,5<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _129\"> </span></span>1.8<span class=\"_ _5\"/>3<span class=\"_ _d\"/>1,5<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></div>\n<div class=\"t m0 x7 hc ydac ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PA<span class=\"_ _5\"/>SSI<span class=\"_ _5\"/>FS FI<span class=\"_ _5\"/>NA<span class=\"_ _5\"/>NCIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VAL<span class=\"_ _5\"/>U\u00c9S AU C<span class=\"_ _5\"/>O\u00dbT</div>\n<div class=\"t m0 x7 hc ydad ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TI (\u00c0 L<span class=\"_ _d\"/>'E<span class=\"_ _5\"/>XCE<span class=\"_ _5\"/>PTI<span class=\"_ _5\"/>ON DE<span class=\"_ _5\"/>S D\u00c9<span class=\"_ _5\"/>RIV<span class=\"_ _5\"/>\u00c9S)</div>\n<div class=\"t m0 x7 hc ydae ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydaf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _152\"> </span><span class=\"ls14 ws16\">6<span class=\"_ _5\"/>44,<span class=\"_ _5\"/>8<span class=\"_ _273\"> </span><span class=\"ls13 ws15\">666,1<span class=\"_ _ca\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ydb0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _1eb\"> </span><span class=\"ls17 ws19\">6<span class=\"_ _5\"/>49,<span class=\"_ _5\"/>8<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _273\"> </span></span>64<span class=\"_ _5\"/>9,8<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hc ydb1 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydb2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex s<span class=\"_ _5\"/>wap<span class=\"_ _40\"> </span><span class=\"ls18 ws1a\">0,3<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _ca\"> </span>0,<span class=\"_ _5\"/>3<span class=\"_ _274\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd ydb3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex fo<span class=\"_ _5\"/>rw<span class=\"_ _5\"/>ard<span class=\"_ _275\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _274\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd ydb4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _276\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>5<span class=\"_ _2\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _d1\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1<span class=\"_ _5\"/>.<span class=\"_ _2\"/>5<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hf ydb5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ydb6 ff7 fs8 fc3 sc0 ls49 ws57\" style=\"z-index: 15;\">2.882,<span class=\"_ _5\"/>2<span class=\"_ _fc\"> </span><span class=\"ls13 ws15\">666,1<span class=\"_ _103\"> </span><span class=\"ls9d wsaf\">2.23<span class=\"_ _d\"/>7<span class=\"_ _1\"/>,4<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 306px; height: 401px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 306px; height: 446px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 306px; height: 446px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x5 h10 ydb7 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6 <span class=\"_ _48\"> </span><span class=\"ff8\">La Cour de ju<span class=\"_ _5\"/>stice de l'<span class=\"_ _5\"/>UE trans<span class=\"_ _5\"/>met sa d\u00e9c<span class=\"_ _5\"/>ision \u00e0 la ju<span class=\"_ _5\"/>ridic<span class=\"_ _5\"/>tion de r<span class=\"_ _5\"/>envoi, qui e<span class=\"_ _5\"/>st alor<span class=\"_ _5\"/>s tenue d'e<span class=\"_ _5\"/>x\u00e9cuter l'ar<span class=\"_ _5\"/>r\u00eat.</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 38px; height: 744px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 38px; height: 1044px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hb yef ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>022</div>\n<div class=\"t m0 x144 hc y81c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>AT\u00c9GO<span class=\"_ _5\"/>RIS<span class=\"_ _5\"/>\u00c9 \u00c0 LA J<span class=\"_ _5\"/>UST<span class=\"_ _5\"/>E VAL<span class=\"_ _5\"/>EUR</div>\n<div class=\"t m0 x7 hc ydb8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _272\"> </span><span class=\"lsf ws11\">VALEUR COMPTABLE</span></div>\n<div class=\"t m0 x4f hc ydb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PR<span class=\"_ _5\"/>IX COT<span class=\"_ _5\"/>\u00c9 SUR U<span class=\"_ _5\"/>N MA<span class=\"_ _5\"/>RCH\u00c9</div>\n<div class=\"t m0 x112 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 1)</div>\n<div class=\"t m0 xd0 hc ydb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE DO<span class=\"_ _5\"/>NN\u00c9<span class=\"_ _5\"/>E SI<span class=\"_ _5\"/>GNI<span class=\"_ _5\"/>FIC<span class=\"_ _5\"/>A-</div>\n<div class=\"t m0 x129 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>VE O<span class=\"_ _5\"/>BSE<span class=\"_ _5\"/>RVA<span class=\"_ _5\"/>BLE (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 2)</div>\n<div class=\"t m0 xa9 hc ydb9 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DONN\u00c9E SIGNIFICAT<span class=\"_ _d\"/>IV<span class=\"_ _5\"/>E<span class=\"_ _d\"/> NON</div>\n<div class=\"t m0 xd3 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">OB<span class=\"_ _5\"/>SER V<span class=\"_ _5\"/>ABL<span class=\"_ _5\"/>E (NI<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>AU 3)</div>\n<div class=\"t m0 x7 hc ydba ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S FIN<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VALU<span class=\"_ _5\"/>\u00c9S AU CO<span class=\"_ _5\"/>\u00dbT</div>\n<div class=\"t m0 x7 hc ydbb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">AMORTI</div>\n<div class=\"t m0 x7 hc ydbc ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydbd ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _b9\"> </span><span class=\"ls17 ws19\">19,9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _137\"> </span></span>19,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd ydbe ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Placemen<span class=\"_ _d\"/>t<span class=\"_ _5\"/>s<span class=\"_ _277\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _274\"> </span> 0,0<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _bf\"> </span>0,1</span></div>\n<div class=\"t m0 x7 hc ydbf ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydc0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _278\"> </span><span class=\"ls2e ws30\">1.988,8<span class=\"_ _274\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1.988,8<span class=\"_ _274\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hf ydc1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES ACTIFS FINANCIER<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x40 h1b ydc2 ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">2.0<span class=\"_ _5\"/>08,9<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _122\"> </span></span>2.0<span class=\"_ _5\"/>08,9<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,1</span></div>\n<div class=\"t m0 x7 hc ydc3 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PA<span class=\"_ _5\"/>SSI<span class=\"_ _5\"/>FS FI<span class=\"_ _5\"/>NA<span class=\"_ _5\"/>NCIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VAL<span class=\"_ _5\"/>U\u00c9S AU C<span class=\"_ _5\"/>O\u00dbT</div>\n<div class=\"t m0 x7 hc ydc4 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TI (\u00c0 L<span class=\"_ _d\"/>'E<span class=\"_ _5\"/>XCE<span class=\"_ _5\"/>PTI<span class=\"_ _5\"/>ON DE<span class=\"_ _5\"/>S D\u00c9<span class=\"_ _5\"/>RIV<span class=\"_ _5\"/>\u00c9S)</div>\n<div class=\"t m0 x7 hc ydc5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydc6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _279\"> </span><span class=\"ls25 ws27\">64<span class=\"_ _5\"/>6,0<span class=\"_ _273\"> </span><span class=\"ls20 ws22\">626<span class=\"_ _5\"/>,0<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ydc7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _1eb\"> </span><span class=\"ls18 ws1a\">5<span class=\"_ _5\"/>60,8<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _273\"> </span>56<span class=\"_ _5\"/>0,8<span class=\"_ _bf\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hc ydc8 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydc9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex s<span class=\"_ _5\"/>wap<span class=\"_ _f0\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,3)<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cb\"> </span></span>(0,<span class=\"_ _5\"/>3)<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hd ydca ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _276\"> </span><span class=\"ls4b ws59\">1.<span class=\"_ _5\"/>801<span class=\"_ _5\"/>,8<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,<span class=\"_ _5\"/>0<span class=\"_ _cc\"> </span></span>1.<span class=\"_ _5\"/>801<span class=\"_ _5\"/>,8<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hf ydcb ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ydcc ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">3.00<span class=\"_ _5\"/>8,2<span class=\"_ _fa\"> </span><span class=\"ls7 ws8\">626<span class=\"_ _5\"/>,0<span class=\"_ _129\"> </span><span class=\"ls26 ws28\">2.362,<span class=\"_ _5\"/>2<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 666px; height: 401px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s couran<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t non cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s \u00e9valu<span class=\"_ _5\"/>\u00e9s \u00e0 leur co<span class=\"_ _5\"/>\u00fbt amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i et celle d<span class=\"_ _5\"/>es pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ants e<span class=\"_ _5\"/>t non cou<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ran<span class=\"_ _5\"/>ts \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur co\u00fbt a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>ti s<span class=\"_ _5\"/>e rapp<span class=\"_ _5\"/>roch<span class=\"_ _5\"/>ent de le<span class=\"_ _5\"/>urs val<span class=\"_ _5\"/>eurs co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>les<span class=\"_ _5\"/>. N\u2019<span class=\"_ _d\"/>\u00e9t<span class=\"_ _5\"/>ant pas \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur dans le b<span class=\"_ _5\"/>ilan, cel<span class=\"_ _5\"/>le-<span class=\"_ _5\"/>ci ne</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">devrait pas \u00eatre publi\u00e9e<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au cou<span class=\"_ _5\"/>rs de la p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>de, il n\u2019y a p<span class=\"_ _5\"/>as eu de t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>fer<span class=\"_ _5\"/>t ent<span class=\"_ _5\"/>re les ni<span class=\"_ _5\"/>veaux d<span class=\"_ _5\"/>e la hi\u00e9r<span class=\"_ _5\"/>archi<span class=\"_ _5\"/>e de jus<span class=\"_ _5\"/>te valeur. Il n\u2019y a par a<span class=\"_ _5\"/>illeur<span class=\"_ _5\"/>s pas eu d<span class=\"_ _5\"/>e change<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s tech<span class=\"_ _5\"/>nique<span class=\"_ _5\"/>s de valo<span class=\"_ _5\"/>risa<span class=\"_ _5\"/>tion e<span class=\"_ _5\"/>t les inpu<span class=\"_ _5\"/>ts ap<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 537px; height: 530px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 537px; height: 530px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 hb y51 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Pas<span class=\"_ _5\"/>sifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ciers \u00e9val<span class=\"_ _5\"/>u\u00e9s au co\u00fbt amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i \u2013 <span class=\"_ _d\"/>non cou<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 la f<span class=\"_ _5\"/>in de l'ann\u00e9<span class=\"_ _5\"/>e 2022<span class=\"_ _5\"/>, les pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s non co<span class=\"_ _5\"/>urant<span class=\"_ _5\"/>s se com<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>aient de :</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Une ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion de 6<span class=\"_ _5\"/>50,0 mEU<span class=\"_ _5\"/>R. L<span class=\"_ _1\"/>'obliga<span class=\"_ _5\"/>tion \u00e0 8 an<span class=\"_ _5\"/>s a \u00e9t\u00e9 \u00e9mi<span class=\"_ _5\"/>se en juill<span class=\"_ _5\"/>et 2018 avec un co<span class=\"_ _5\"/>upon de 1<span class=\"_ _5\"/>,2<span class=\"_ _5\"/>5%. En p<span class=\"_ _5\"/>r\u00e9vi<span class=\"_ _5\"/>sion de ce<span class=\"_ _5\"/>tte \u00e9<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ion, en</div>\n<div class=\"t m0 x2a h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f\u00e9v<span class=\"_ _5\"/>rier 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>18<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t a concl<span class=\"_ _5\"/>u un swap d<span class=\"_ _5\"/>e taux d'i<span class=\"_ _5\"/>nt\u00e9r\u00eat \u00e0 t<span class=\"_ _5\"/>erme p<span class=\"_ _5\"/>our 10 ans ave<span class=\"_ _5\"/>c un mon<span class=\"_ _5\"/>tant no<span class=\"_ _5\"/>minal de 6<span class=\"_ _5\"/>00,<span class=\"_ _5\"/>0 mEUR pou<span class=\"_ _5\"/>r couvr<span class=\"_ _5\"/>ir le ri<span class=\"_ _5\"/>sque</div>\n<div class=\"t m0 x2a h8 y56 ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">d'in<span class=\"_ _d\"/>t\u00e9r\u00eat de l'<span class=\"_ _1\"/>obligation.</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s li\u00e9s au<span class=\"_ _5\"/>x contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion : 53<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>9 mEUR</div>\n\n<div class=\"t m0 x5 hb y59 ff7 fs6 fc3 sc0 lsa0 wsdd\" style=\"z-index: 15;\">Instrument<span class=\"_ _5\"/>s <span class=\"_ _d\"/>d\u00e9riv\u00e9s</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>e \u00e0 cer<span class=\"_ _5\"/>tai<span class=\"_ _5\"/>ns ris<span class=\"_ _5\"/>ques l<span class=\"_ _5\"/>i\u00e9s \u00e0 se<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivi<span class=\"_ _5\"/>t\u00e9s comm<span class=\"_ _5\"/>erciale<span class=\"_ _5\"/>s quot<span class=\"_ _5\"/>idienn<span class=\"_ _5\"/>es. L<span class=\"_ _5\"/>e prin<span class=\"_ _5\"/>cipal r<span class=\"_ _5\"/>isque g<span class=\"_ _5\"/>\u00e9r\u00e9 avec l<span class=\"_ _5\"/>es ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s d\u00e9r<span class=\"_ _5\"/>iv\u00e9s e<span class=\"_ _5\"/>st</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e change. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t utilis<span class=\"_ _5\"/>e des co<span class=\"_ _5\"/>ntrat<span class=\"_ _5\"/>s de ch<span class=\"_ _5\"/>ange \u00e0 ter<span class=\"_ _5\"/>me et de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s de d\u2019\u00e9change d<span class=\"_ _5\"/>e change p<span class=\"_ _5\"/>our g\u00e9r<span class=\"_ _5\"/>er cer<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>ines de s<span class=\"_ _5\"/>es ex<span class=\"_ _5\"/>posi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns en de<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s. Ce<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s ont \u00e9t\u00e9 s<span class=\"_ _5\"/>ouscr<span class=\"_ _5\"/>it<span class=\"_ _5\"/>s afi<span class=\"_ _5\"/>n de couv<span class=\"_ _5\"/>rir les r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es de ch<span class=\"_ _5\"/>ange li\u00e9<span class=\"_ _5\"/>s aux pr\u00ea<span class=\"_ _5\"/>ts i<span class=\"_ _5\"/>ntrag<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e accord\u00e9<span class=\"_ _5\"/>s par bp<span class=\"_ _5\"/>ost</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 se<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les<span class=\"_ _5\"/>. \u00c0 la fin d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>exe<span class=\"_ _5\"/>rcice 20<span class=\"_ _5\"/>22, l'imp<span class=\"_ _5\"/>act d<span class=\"_ _5\"/>e la jus<span class=\"_ _5\"/>te valeur d<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de chan<span class=\"_ _5\"/>ge \u00e0 term<span class=\"_ _5\"/>e et de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>\u00e9c<span class=\"_ _5\"/>hange de ch<span class=\"_ _5\"/>ange s'est</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>aduit pa<span class=\"_ _5\"/>r une dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>es pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s de 0,<span class=\"_ _5\"/>3 mEUR.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 282px; height: 110px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 hb y60 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Pas<span class=\"_ _5\"/>sifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ciers \u00e9val<span class=\"_ _5\"/>u\u00e9s au co\u00fbt amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i \u2013 <span class=\"_ _d\"/>cour<span class=\"_ _5\"/>ants</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, le pr\u00ea<span class=\"_ _5\"/>t \u00e0 term<span class=\"_ _5\"/>e non ga<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>i de 185<span class=\"_ _5\"/>,0 mUSD (ta<span class=\"_ _5\"/>ux d'int\u00e9r<span class=\"_ _5\"/>\u00eat var<span class=\"_ _5\"/>iable) a \u00e9t\u00e9 t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>f\u00e9r\u00e9 d<span class=\"_ _5\"/>es pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s non cou<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>s aux p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers cou<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>s au co\u00fbt a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>ti, c<span class=\"_ _5\"/>ar ce pr\u00ea<span class=\"_ _5\"/>t, qui a d<span class=\"_ _5\"/>\u00e9but\u00e9 le 3 ju<span class=\"_ _5\"/>illet 2018 ave<span class=\"_ _5\"/>c une \u00e9ch<span class=\"_ _5\"/>\u00e9ance d<span class=\"_ _5\"/>e 3 ans et a \u00e9t<span class=\"_ _5\"/>\u00e9 prolon<span class=\"_ _5\"/>g\u00e9 en 2020 ju<span class=\"_ _5\"/>squ'en</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">juille<span class=\"_ _5\"/>t 202<span class=\"_ _5\"/>3, es<span class=\"_ _5\"/>t d\u00fb dans l'ann\u00e9<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le so<span class=\"_ _5\"/>lde de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes li\u00e9<span class=\"_ _5\"/>es au<span class=\"_ _5\"/>x contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion s'\u00e9leva<span class=\"_ _5\"/>it fin 2<span class=\"_ _5\"/>022 \u00e0 1<span class=\"_ _5\"/>34,<span class=\"_ _5\"/>1 mEUR (1<span class=\"_ _d\"/>07<span class=\"_ _d\"/>,<span class=\"_ _5\"/>5 mEUR en 20<span class=\"_ _5\"/>21)<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 5 mai 20<span class=\"_ _5\"/>07<span class=\"_ _1\"/>, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t avait s<span class=\"_ _5\"/>ousc<span class=\"_ _5\"/>rit un pr<span class=\"_ _5\"/>\u00eat de 10<span class=\"_ _5\"/>0,0 mEUR (ta<span class=\"_ _5\"/>ux d\u2019int\u00e9<span class=\"_ _5\"/>r\u00eat va<span class=\"_ _5\"/>riable) au<span class=\"_ _5\"/>pr\u00e8s d<span class=\"_ _5\"/>e la Banq<span class=\"_ _5\"/>ue Europ<span class=\"_ _5\"/>\u00e9enn<span class=\"_ _5\"/>e d'Inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent (BEI). Le</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent annu<span class=\"_ _5\"/>el es<span class=\"_ _5\"/>t de 9,1 mEUR e<span class=\"_ _5\"/>t le der<span class=\"_ _5\"/>nier pai<span class=\"_ _5\"/>ement a e<span class=\"_ _5\"/>u lieu e<span class=\"_ _5\"/>n 2022<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 117px; height: 950px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 117px; height: 950px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>30 <span class=\"_ _38\"/>Instruments f<span class=\"_ _5\"/>in<span class=\"_ _d\"/>ancie<span class=\"_ _d\"/>rs et gestion des risques finan<span class=\"_ _d\"/>ciers</div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>e aux r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es de mar<span class=\"_ _5\"/>ch\u00e9 li\u00e9<span class=\"_ _5\"/>s aux f<span class=\"_ _5\"/>luc<span class=\"_ _5\"/>tuatio<span class=\"_ _5\"/>ns des t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>hange, d<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t et de<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x du march<span class=\"_ _5\"/>\u00e9 (pri<span class=\"_ _5\"/>x des</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices p<span class=\"_ _5\"/>ublic<span class=\"_ _5\"/>s). En outre, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t expo<span class=\"_ _5\"/>s\u00e9e a<span class=\"_ _5\"/>ux ris<span class=\"_ _5\"/>ques d<span class=\"_ _5\"/>e cr\u00e9di<span class=\"_ _5\"/>t et de liq<span class=\"_ _5\"/>uidit\u00e9.</div>\n<div class=\"t m0 x5 hb y84 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Risque de ch<span class=\"_ _d\"/>ange</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans s<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s o<span class=\"_ _5\"/>p\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elles e<span class=\"_ _5\"/>t fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t exp<span class=\"_ _5\"/>os\u00e9e a<span class=\"_ _5\"/>ux fl<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>uation<span class=\"_ _5\"/>s de tau<span class=\"_ _5\"/>x de chang<span class=\"_ _5\"/>e qui impac<span class=\"_ _5\"/>tent l<span class=\"_ _5\"/>e bilan et l<span class=\"_ _5\"/>e compte de</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">r\u00e9sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ces r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ues de ch<span class=\"_ _5\"/>ange cons<span class=\"_ _5\"/>iste<span class=\"_ _5\"/>nt en (i) un r<span class=\"_ _5\"/>isque t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>el li\u00e9 au<span class=\"_ _5\"/>x ac<span class=\"_ _5\"/>tivit<span class=\"_ _5\"/>\u00e9s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lles ayan<span class=\"_ _5\"/>t un flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>n devis<span class=\"_ _5\"/>e \u00e9tr<span class=\"_ _5\"/>an-</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">g\u00e8re e<span class=\"_ _5\"/>t (ii) un ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion li\u00e9 \u00e0 l<span class=\"_ _5\"/>a conso<span class=\"_ _5\"/>lidatio<span class=\"_ _5\"/>n en Euro de<span class=\"_ _5\"/>s fil<span class=\"_ _5\"/>iales do<span class=\"_ _5\"/>nt la dev<span class=\"_ _5\"/>ise fo<span class=\"_ _5\"/>nct<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle n\u2019<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t pas l\u2019<span class=\"_ _5\"/>Euro (devis<span class=\"_ _5\"/>e fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nnell<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de bp<span class=\"_ _5\"/>ost). L<span class=\"_ _5\"/>a plus im<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>nte exp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on au ri<span class=\"_ _5\"/>sque de c<span class=\"_ _5\"/>hange cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>pond a<span class=\"_ _5\"/>u risq<span class=\"_ _5\"/>ue de conve<span class=\"_ _5\"/>rsio<span class=\"_ _5\"/>n des USD (au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2021 1 EUR =</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1,1<span class=\"_ _5\"/>326 USD par r<span class=\"_ _5\"/>app<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2 1 EUR = 1,0<span class=\"_ _5\"/>66<span class=\"_ _5\"/>6 USD et moy<span class=\"_ _5\"/>enne an<span class=\"_ _5\"/>nuelle - c'es<span class=\"_ _5\"/>t-\u00e0-<span class=\"_ _5\"/>dire la m<span class=\"_ _5\"/>oyenne m<span class=\"_ _5\"/>ensu<span class=\"_ _5\"/>elle div<span class=\"_ _5\"/>is\u00e9<span class=\"_ _5\"/>e par 12 -</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r 2022 1 EUR = 1<span class=\"_ _5\"/>,05 USD pa<span class=\"_ _5\"/>r rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t \u00e0 2021 1EUR = 1,1<span class=\"_ _5\"/>8 USD)<span class=\"_ _d\"/>, sa<span class=\"_ _5\"/>ns \u00e9l\u00e9m<span class=\"_ _5\"/>ent mo<span class=\"_ _5\"/>n\u00e9ta<span class=\"_ _5\"/>ire mat\u00e9r<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>.</div>\n\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s inst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e couve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ure son<span class=\"_ _5\"/>t mis en pl<span class=\"_ _5\"/>ace pour s<span class=\"_ _5\"/>e prot\u00e9<span class=\"_ _5\"/>ger de ces r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ues<span class=\"_ _5\"/>.bpos<span class=\"_ _5\"/>t util<span class=\"_ _5\"/>ise de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e change \u00e0 te<span class=\"_ _5\"/>rme e<span class=\"_ _5\"/>t des con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de s<span class=\"_ _5\"/>wap de cha<span class=\"_ _5\"/>nge pour g<span class=\"_ _5\"/>\u00e9rer ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>aine<span class=\"_ _5\"/>s de se<span class=\"_ _5\"/>s exp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>ns en de<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8r<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ces co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts on<span class=\"_ _5\"/>t \u00e9t\u00e9 sou<span class=\"_ _5\"/>scr<span class=\"_ _5\"/>its af<span class=\"_ _5\"/>in de co<span class=\"_ _5\"/>uvr<span class=\"_ _5\"/>ir les r<span class=\"_ _5\"/>isque<span class=\"_ _5\"/>s de chan<span class=\"_ _5\"/>ge li\u00e9s au<span class=\"_ _5\"/>x pr\u00eat<span class=\"_ _5\"/>s inte<span class=\"_ _5\"/>rentr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises a<span class=\"_ _5\"/>ccord\u00e9<span class=\"_ _5\"/>s par bp<span class=\"_ _5\"/>ost \u00e0 s<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>iliales<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 2018, bp<span class=\"_ _5\"/>ost a co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ct\u00e9 un p<span class=\"_ _5\"/>r\u00eat ban<span class=\"_ _5\"/>cair<span class=\"_ _5\"/>e en USD, d\u2019une matu<span class=\"_ _5\"/>rit\u00e9 de 3 a<span class=\"_ _5\"/>ns, ave<span class=\"_ _5\"/>c deux e<span class=\"_ _5\"/>xt<span class=\"_ _5\"/>ensio<span class=\"_ _5\"/>ns pos<span class=\"_ _5\"/>sible<span class=\"_ _5\"/>s, cha<span class=\"_ _5\"/>cune d\u2019un an<span class=\"_ _5\"/>. Outr<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>\u00e9mi<span class=\"_ _5\"/>s-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sion o<span class=\"_ _5\"/>bliga<span class=\"_ _5\"/>taire, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t, do<span class=\"_ _5\"/>nt l\u2019EUR es<span class=\"_ _5\"/>t la de<span class=\"_ _5\"/>vise f<span class=\"_ _5\"/>onc<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elle, a em<span class=\"_ _5\"/>prun<span class=\"_ _5\"/>t\u00e9 en USD af<span class=\"_ _5\"/>in de re<span class=\"_ _5\"/>finan<span class=\"_ _5\"/>cer l\u2019acquis<span class=\"_ _5\"/>ition d<span class=\"_ _5\"/>e novemb<span class=\"_ _5\"/>re 201<span class=\"_ _1\"/>7 d<span class=\"_ _5\"/>e Radial</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Hold<span class=\"_ _5\"/>ings<span class=\"_ _5\"/>, LP<span class=\"_ _3b\"/>. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a empr<span class=\"_ _5\"/>unt\u00e9 une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie en USD p<span class=\"_ _5\"/>our r\u00e9<span class=\"_ _5\"/>duire le r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e diff\u00e9r<span class=\"_ _5\"/>ences d<span class=\"_ _5\"/>e change s<span class=\"_ _5\"/>ur les op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ions \u00e0 l\u2019\u00e9tr<span class=\"_ _5\"/>anger, et don<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9al<span class=\"_ _5\"/>is\u00e9 une co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e de son inv<span class=\"_ _5\"/>est<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t net<span class=\"_ _5\"/>. Par cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nt, la p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tion e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de<span class=\"_ _5\"/>s var<span class=\"_ _5\"/>iation<span class=\"_ _5\"/>s de la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur de l\u2019ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument de co<span class=\"_ _5\"/>u-</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>e dans le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal<span class=\"_ _5\"/>. Le mont<span class=\"_ _5\"/>ant not<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>l de la cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture s\u2019\u00e9lev<span class=\"_ _5\"/>ait \u00e0 143,0 mUS<span class=\"_ _5\"/>D, tandi<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que la v<span class=\"_ _5\"/>aleur co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>le conver<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e en Euros s\u2019\u00e9lev<span class=\"_ _5\"/>ait \u00e0 13<span class=\"_ _5\"/>4,1 m<span class=\"_ _5\"/>EUR. Au 31 d<span class=\"_ _5\"/>\u00e9cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2, la per<span class=\"_ _5\"/>te n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te sur la r\u00e9<span class=\"_ _5\"/>\u00e9valua<span class=\"_ _5\"/>tion du p<span class=\"_ _5\"/>r\u00eat en US<span class=\"_ _5\"/>D<span class=\"_ _d\"/>,</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e da<span class=\"_ _5\"/>ns les au<span class=\"_ _5\"/>tres \u00e9<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>nts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al et cumu<span class=\"_ _5\"/>l\u00e9 dans le<span class=\"_ _5\"/>s \u00e9car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s de conve<span class=\"_ _5\"/>rsi<span class=\"_ _5\"/>on de dev<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s, s'\u00e9leva<span class=\"_ _5\"/>it \u00e0 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>8 mEUR. En 2<span class=\"_ _5\"/>022, il</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u2019y a pa<span class=\"_ _5\"/>s eu de par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie non eff<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ace.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 642px; height: 200px; width: 88%; z-index: 5;\"><br/></div>\n\n\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau su<span class=\"_ _5\"/>ivant m<span class=\"_ _5\"/>ontre l<span class=\"_ _5\"/>a sens<span class=\"_ _5\"/>ibilit\u00e9 \u00e0 un c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent ra<span class=\"_ _5\"/>isonna<span class=\"_ _5\"/>ble du ta<span class=\"_ _5\"/>ux de cha<span class=\"_ _5\"/>nge USD, toute<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s res<span class=\"_ _5\"/>tant con<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ntes<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t de la var<span class=\"_ _5\"/>iatio<span class=\"_ _5\"/>n des USD s<span class=\"_ _5\"/>ur l\u2019EBI<span class=\"_ _5\"/>T et les c<span class=\"_ _5\"/>apita<span class=\"_ _5\"/>ux pro<span class=\"_ _5\"/>pres (apr<span class=\"_ _5\"/>\u00e8s consi<span class=\"_ _5\"/>d\u00e9r<span class=\"_ _5\"/>ation de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure d\u2019inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te) des f<span class=\"_ _5\"/>iliales e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>\u00e9riq<span class=\"_ _5\"/>ue du Nor<span class=\"_ _5\"/>d en 202<span class=\"_ _5\"/>2 repr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>te le ris<span class=\"_ _5\"/>que de conve<span class=\"_ _5\"/>rsi<span class=\"_ _5\"/>on. L<span class=\"_ _3b\"/>\u2019exp<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ion du gro<span class=\"_ _5\"/>upe au<span class=\"_ _5\"/>x varia<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e change d<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res de<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>s n\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st pa<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">mat\u00e9riel.</div>\n<div class=\"t m0 x7 hb y430 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ydcd ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _27a\"> </span><span class=\"ff7 ls0 ws0\">+5% U<span class=\"_ _5\"/>SD VS E<span class=\"_ _5\"/>UR<span class=\"_ _273\"> </span> \u2013 5% USD V<span class=\"_ _5\"/>S EUR</span></div>\n<div class=\"t m0 x7 hd ydce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ef<span class=\"_ _5\"/>fet su<span class=\"_ _5\"/>r EBIT<span class=\"_ _27b\"> </span><span class=\"ls2b ws2d\">(5,<span class=\"_ _5\"/>2)<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">5<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd ydcf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ef<span class=\"_ _5\"/>fet su<span class=\"_ _5\"/>r les ca<span class=\"_ _5\"/>pit<span class=\"_ _5\"/>aux pr<span class=\"_ _5\"/>opre<span class=\"_ _5\"/>s du gro<span class=\"_ _5\"/>upe<span class=\"_ _5\"/>, couve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ure d'in<span class=\"_ _5\"/>ves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent ne<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x7 hd ydd0 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">consid\u00e9r\u00e9e</div>\n<div class=\"t m0 xd8 hd ydd1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(26,<span class=\"_ _5\"/>2)<span class=\"_ _1de\"> </span><span class=\"ls1d ws1f\">28,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 445px; height: 187px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 hb y57 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Ris<span class=\"_ _5\"/>que du ta<span class=\"_ _5\"/>ux d\u2019int\u00e9r<span class=\"_ _5\"/>\u00eat</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t aus<span class=\"_ _5\"/>si dire<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>xpos<span class=\"_ _5\"/>\u00e9e au<span class=\"_ _5\"/>x flu<span class=\"_ _5\"/>ctuat<span class=\"_ _5\"/>ions du t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019int\u00e9r\u00ea<span class=\"_ _5\"/>t au trav<span class=\"_ _5\"/>ers de s<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>inance<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>ter<span class=\"_ _5\"/>nes<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t at<span class=\"_ _5\"/>t\u00e9nue ce<span class=\"_ _5\"/>pen<span class=\"_ _5\"/>dant ce</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ris<span class=\"_ _5\"/>que en a<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>ignant un \u00e9<span class=\"_ _5\"/>quilibr<span class=\"_ _5\"/>e entre l<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x fi<span class=\"_ _5\"/>xes et v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>les. A<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent, ce<span class=\"_ _5\"/>t \u00e9quil<span class=\"_ _5\"/>ibre re<span class=\"_ _5\"/>pose p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent sur de<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x fix<span class=\"_ _5\"/>es, ma<span class=\"_ _5\"/>is il</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>ut \u00e9volu<span class=\"_ _5\"/>er en fon<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de la si<span class=\"_ _5\"/>tuatio<span class=\"_ _5\"/>n du march<span class=\"_ _5\"/>\u00e9.</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Af<span class=\"_ _5\"/>in de g\u00e9<span class=\"_ _5\"/>rer la s<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>e du tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t de sa de<span class=\"_ _5\"/>tte, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t peu<span class=\"_ _5\"/>t utilis<span class=\"_ _5\"/>er des i<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure tel<span class=\"_ _5\"/>s que des s<span class=\"_ _5\"/>waps d<span class=\"_ _5\"/>e taux d'i<span class=\"_ _5\"/>nt\u00e9r\u00ea<span class=\"_ _5\"/>t.</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ute mod<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n subs<span class=\"_ _5\"/>tanti<span class=\"_ _5\"/>elle de la s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ure du ta<span class=\"_ _5\"/>ux req<span class=\"_ _5\"/>uier<span class=\"_ _5\"/>t la va<span class=\"_ _5\"/>lidatio<span class=\"_ _5\"/>n pr\u00e9ala<span class=\"_ _5\"/>ble du Com<span class=\"_ _5\"/>it\u00e9 Ex<span class=\"_ _5\"/>\u00e9cuti<span class=\"_ _5\"/>f du Grou<span class=\"_ _5\"/>pe.</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Fin 20<span class=\"_ _d\"/>22, le financemen<span class=\"_ _d\"/>t externe consistait en<span class=\"_ _d\"/>:</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>18<span class=\"_ _5\"/>5,0 mUSD de p<span class=\"_ _5\"/>r\u00eat \u00e0 te<span class=\"_ _5\"/>rme no<span class=\"_ _5\"/>n gara<span class=\"_ _5\"/>nti (tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t var<span class=\"_ _5\"/>iable). Ce pr\u00ea<span class=\"_ _5\"/>t a d\u00e9bu<span class=\"_ _5\"/>t\u00e9 le 3 juillet 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>18 ave<span class=\"_ _5\"/>c une \u00e9c<span class=\"_ _5\"/>h\u00e9ance d<span class=\"_ _5\"/>e 3 ans et a \u00e9<span class=\"_ _5\"/>t\u00e9 pro<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y62 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">long\u00e9 en 2020 jusqu\u2019en juillet 202<span class=\"_ _5\"/>3.</div>\n\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>65<span class=\"_ _5\"/>0,0 mEUR d'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>ns. L<span class=\"_ _1\"/>'oblig<span class=\"_ _5\"/>ation \u00e0 8 a<span class=\"_ _5\"/>ns a \u00e9t\u00e9 \u00e9m<span class=\"_ _5\"/>ise en ju<span class=\"_ _5\"/>illet 2018 ave<span class=\"_ _5\"/>c un coupo<span class=\"_ _5\"/>n de 1,<span class=\"_ _5\"/>25%<span class=\"_ _5\"/>. En pr\u00e9v<span class=\"_ _5\"/>ision d<span class=\"_ _5\"/>e cet<span class=\"_ _5\"/>te \u00e9mis<span class=\"_ _5\"/>sion, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x2a h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">a conc<span class=\"_ _5\"/>lu en f\u00e9v<span class=\"_ _5\"/>rier 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>18 un s<span class=\"_ _5\"/>wap de t<span class=\"_ _5\"/>aux d'int\u00e9<span class=\"_ _5\"/>r\u00eat \u00e0 ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur 10 ans ave<span class=\"_ _5\"/>c un mont<span class=\"_ _5\"/>ant nomi<span class=\"_ _5\"/>nal de 60<span class=\"_ _5\"/>0,0 m<span class=\"_ _5\"/>EUR. L<span class=\"_ _5\"/>a tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion a \u00e9<span class=\"_ _5\"/>t\u00e9 con<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>act\u00e9<span class=\"_ _5\"/>e af<span class=\"_ _5\"/>in de couv<span class=\"_ _5\"/>rir le r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t sur l'\u00e9miss<span class=\"_ _5\"/>ion env<span class=\"_ _5\"/>isag\u00e9<span class=\"_ _5\"/>e d'une obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n \u00e0 long ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur ref<span class=\"_ _5\"/>inance<span class=\"_ _5\"/>r le cr\u00e9<span class=\"_ _5\"/>dit-pon<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>ac-</div>\n<div class=\"t m0 x2a h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">quis<span class=\"_ _5\"/>ition co<span class=\"_ _5\"/>nclu en n<span class=\"_ _5\"/>ovembr<span class=\"_ _5\"/>e 201<span class=\"_ _1\"/>7 po<span class=\"_ _5\"/>ur l'acquisit<span class=\"_ _5\"/>ion de R<span class=\"_ _5\"/>adial. E<span class=\"_ _5\"/>n juillet 2018<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t a \u00e9mis un<span class=\"_ _5\"/>e oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e 650,<span class=\"_ _5\"/>0 mEUR \u00e0 8 ans<span class=\"_ _5\"/>. \u00c0 cet<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x2a h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">occ<span class=\"_ _5\"/>asion<span class=\"_ _5\"/>, le swa<span class=\"_ _5\"/>p de tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t a \u00e9t\u00e9 d\u00e9n<span class=\"_ _5\"/>ou\u00e9 et r<span class=\"_ _5\"/>\u00e9gl\u00e9 via u<span class=\"_ _5\"/>n paiem<span class=\"_ _5\"/>ent de 21,<span class=\"_ _5\"/>5 mEUR r<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>ti e<span class=\"_ _5\"/>ntre une p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie eff<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tive de 2<span class=\"_ _5\"/>0,0 mEUR et</div>\n<div class=\"t m0 x2a h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie ine<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tive d<span class=\"_ _5\"/>e 1,5 m<span class=\"_ _5\"/>EUR. L<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie in<span class=\"_ _5\"/>eff<span class=\"_ _5\"/>icace a \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at. L<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure</div>\n<div class=\"t m0 x2a h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de f<span class=\"_ _5\"/>lux de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>rer<span class=\"_ _5\"/>ie (20,0 mEUR) a \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dan<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res \u00e9<span class=\"_ _5\"/>l\u00e9men<span class=\"_ _5\"/>ts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at globa<span class=\"_ _5\"/>l (le mont<span class=\"_ _5\"/>ant ne<span class=\"_ _5\"/>t d'imp\u00f4t e<span class=\"_ _5\"/>st de 14,<span class=\"_ _5\"/>8 mEUR)</div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en t<span class=\"_ _5\"/>ant que r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure de f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e. Cet<span class=\"_ _5\"/>te couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ture de f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie es<span class=\"_ _5\"/>t recl<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9e en r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at au cour<span class=\"_ _5\"/>s des m\u00ea<span class=\"_ _5\"/>mes</div>\n<div class=\"t m0 x2a h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>es que le<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>erie d<span class=\"_ _5\"/>es obli<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>ns \u00e0 long te<span class=\"_ _5\"/>rme qui a<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tero<span class=\"_ _5\"/>nt le r\u00e9s<span class=\"_ _5\"/>ultat sur 8 a<span class=\"_ _5\"/>ns \u00e0 compte<span class=\"_ _5\"/>r de leur da<span class=\"_ _5\"/>te d'<span class=\"_ _d\"/>\u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>on. En</div>\n<div class=\"t m0 x2a h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2, un mon<span class=\"_ _5\"/>tant ne<span class=\"_ _5\"/>t de 1,<span class=\"_ _5\"/>9 mEUR a \u00e9t\u00e9 re<span class=\"_ _5\"/>clas<span class=\"_ _5\"/>s\u00e9 dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 72px; height: 155px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 72px; height: 980px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 72px; height: 1010px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 72px; height: 1010px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 72px; height: 1010px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau ci<span class=\"_ _5\"/>-d<span class=\"_ _5\"/>es<span class=\"_ _5\"/>sous ill<span class=\"_ _5\"/>ustr<span class=\"_ _5\"/>e l'impac<span class=\"_ _5\"/>t d'une va<span class=\"_ _5\"/>riatio<span class=\"_ _5\"/>n des t<span class=\"_ _5\"/>aux d'int\u00e9<span class=\"_ _5\"/>r\u00eat de 5<span class=\"_ _5\"/>0 bps (de 1 % \u00e0 1,<span class=\"_ _5\"/>5 % par e<span class=\"_ _5\"/>xemple) sur l<span class=\"_ _5\"/>a det<span class=\"_ _5\"/>te exp<span class=\"_ _5\"/>os\u00e9<span class=\"_ _5\"/>e aux ta<span class=\"_ _5\"/>ux</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>c'es<span class=\"_ _5\"/>t-\u00e0-<span class=\"_ _5\"/>dire l\u2019empr<span class=\"_ _5\"/>unt \u00e0 ter<span class=\"_ _5\"/>me en USD). L<span class=\"_ _3b\"/>\u2019i<span class=\"_ _5\"/>nt\u00e9r\u00eat e<span class=\"_ _5\"/>st c<span class=\"_ _5\"/>alcul\u00e9 e<span class=\"_ _5\"/>n tant qu\u2019<span class=\"_ _5\"/>Eurib<span class=\"_ _5\"/>or<span class=\"_ _d\"/>/USD L<span class=\"_ _5\"/>ibor a<span class=\"_ _5\"/>uquel o<span class=\"_ _5\"/>n ajoute l<span class=\"_ _5\"/>a marge. L<span class=\"_ _5\"/>a marge \u00e9<span class=\"_ _5\"/>tant</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>\u00e9e dans l<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at, l'analy<span class=\"_ _5\"/>se de se<span class=\"_ _5\"/>nsibi<span class=\"_ _5\"/>lit\u00e9 ne s'appli<span class=\"_ _5\"/>que qu\u2019\u00e0 l\u2019Eur<span class=\"_ _5\"/>ibor/USD Li<span class=\"_ _5\"/>bor<span class=\"_ _d\"/>, r\u00e9<span class=\"_ _5\"/>put\u00e9 \u201c<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x de bas<span class=\"_ _5\"/>e\u201d<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x7 hb y84 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ydd2 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _b5\"> </span><span class=\"ff7\">S<span class=\"_ _5\"/>ENS<span class=\"_ _5\"/>IB<span class=\"_ _5\"/>ILIT<span class=\"_ _5\"/>\u00c9 \u00c0 UN MO<span class=\"_ _5\"/>UV<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT DE  \u2013 5<span class=\"_ _5\"/>0 BPS D<span class=\"_ _5\"/>ES TAU<span class=\"_ _5\"/>X D'IN<span class=\"_ _5\"/>T\u00c9R<span class=\"_ _5\"/>\u00caT </span></div>\n<div class=\"t m0 x5f hc ydd3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DU M<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>CH\u00c9</div>\n<div class=\"t m0 x12 hc ydd2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SE<span class=\"_ _5\"/>NSI<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IT\u00c9 \u00c0 UN M<span class=\"_ _5\"/>OU<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>MENT D<span class=\"_ _5\"/>E +50 B<span class=\"_ _5\"/>PS D<span class=\"_ _5\"/>ES TAUX D<span class=\"_ _5\"/>'INT<span class=\"_ _5\"/>\u00c9R\u00ca<span class=\"_ _5\"/>T DU</div>\n<div class=\"t m0 x109 hc ydd3 ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">MARCH\u00c9</div>\n<div class=\"t m0 x7 hd ydd4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act s<span class=\"_ _5\"/>ur les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s<span class=\"_ _5b\"> </span>(0,<span class=\"_ _5\"/>8)<span class=\"_ _27c\"> </span><span class=\"ls18 ws1a\">0,8</span></div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s de bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>ont aus<span class=\"_ _5\"/>si inf<span class=\"_ _5\"/>luen<span class=\"_ _5\"/>c\u00e9s par l\u2019\u00e9volu<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on utili<span class=\"_ _5\"/>s\u00e9s p<span class=\"_ _5\"/>our d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>er l\u2019<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>on li\u00e9<span class=\"_ _5\"/>e aux</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">avan<span class=\"_ _5\"/>tages a<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el. Au 31 d<span class=\"_ _5\"/>\u00e9cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2, une aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e 50 bps d<span class=\"_ _5\"/>es ta<span class=\"_ _5\"/>ux d\u2019act<span class=\"_ _5\"/>ualisat<span class=\"_ _5\"/>ion moy<span class=\"_ _5\"/>ens g\u00e9n<span class=\"_ _5\"/>\u00e9rer<span class=\"_ _5\"/>ait une di<span class=\"_ _5\"/>minuti<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res de 1<span class=\"_ _5\"/>2,8 m<span class=\"_ _5\"/>EUR. Une d<span class=\"_ _5\"/>iminut<span class=\"_ _5\"/>ion de 50 b<span class=\"_ _5\"/>ps des t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion moy<span class=\"_ _5\"/>ens aug<span class=\"_ _5\"/>menter<span class=\"_ _5\"/>ait la ch<span class=\"_ _5\"/>arge f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>i\u00e8re de</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">13<span class=\"_ _5\"/>,9 mEUR<span class=\"_ _5\"/>. Pour p<span class=\"_ _5\"/>lus de d\u00e9<span class=\"_ _5\"/>tail<span class=\"_ _5\"/>s, voir n<span class=\"_ _5\"/>ote 6.<span class=\"_ _5\"/>26 Avant<span class=\"_ _5\"/>ages au p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l.</div>\n<div class=\"t m0 x5 hb y7 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res ris<span class=\"_ _5\"/>ques li<span class=\"_ _5\"/>\u00e9s au march<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>robab<span class=\"_ _5\"/>ilit\u00e9 d\u2019une int<span class=\"_ _5\"/>err<span class=\"_ _5\"/>uptio<span class=\"_ _5\"/>n prolo<span class=\"_ _5\"/>ng\u00e9e de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivit<span class=\"_ _5\"/>\u00e9s due \u00e0 de<span class=\"_ _5\"/>s ph\u00e9<span class=\"_ _5\"/>nom\u00e8<span class=\"_ _5\"/>nes nat<span class=\"_ _5\"/>urel<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tr\u00eam<span class=\"_ _5\"/>es (par e<span class=\"_ _5\"/>xemple u<span class=\"_ _5\"/>n incend<span class=\"_ _5\"/>ie, une in<span class=\"_ _5\"/>ondat<span class=\"_ _5\"/>ion,</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une te<span class=\"_ _5\"/>mp\u00eate<span class=\"_ _5\"/>, une pan<span class=\"_ _5\"/>d\u00e9mie, u<span class=\"_ _5\"/>ne augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s prob<span class=\"_ _5\"/>l\u00e8me<span class=\"_ _5\"/>s de sant\u00e9 d<span class=\"_ _5\"/>es colla<span class=\"_ _5\"/>bor<span class=\"_ _5\"/>ateurs e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de la p<span class=\"_ _5\"/>ollut<span class=\"_ _5\"/>ion) est d<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>e plus imp<span class=\"_ _5\"/>or-</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>te. bpo<span class=\"_ _5\"/>st s\u2019effor<span class=\"_ _5\"/>ce de pr\u00e9ve<span class=\"_ _5\"/>nir<span class=\"_ _d\"/>, dan<span class=\"_ _5\"/>s la mesu<span class=\"_ _5\"/>re du pos<span class=\"_ _5\"/>sible<span class=\"_ _5\"/>, les dom<span class=\"_ _5\"/>mages a<span class=\"_ _5\"/>ux b\u00e2tim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et les i<span class=\"_ _5\"/>nterr<span class=\"_ _5\"/>upti<span class=\"_ _5\"/>ons d\u2019expl<span class=\"_ _5\"/>oitat<span class=\"_ _5\"/>ion par le b<span class=\"_ _5\"/>iais de</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pro<span class=\"_ _5\"/>gramm<span class=\"_ _5\"/>es de p<span class=\"_ _5\"/>r\u00e9vent<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ur<span class=\"_ _5\"/>gence. L<span class=\"_ _5\"/>es cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nces n\u00e9<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>ves de ce<span class=\"_ _5\"/>s ris<span class=\"_ _5\"/>ques s<span class=\"_ _5\"/>ont couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes par d<span class=\"_ _5\"/>es pol<span class=\"_ _5\"/>ices d'as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce. bpo<span class=\"_ _5\"/>stg<span class=\"_ _5\"/>roup</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">a effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>u\u00e9 une \u00e9v<span class=\"_ _5\"/>aluati<span class=\"_ _5\"/>on des r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es clima<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s physi<span class=\"_ _5\"/>ques da<span class=\"_ _5\"/>ns le cad<span class=\"_ _5\"/>re des e<span class=\"_ _5\"/>xigen<span class=\"_ _5\"/>ces de la t<span class=\"_ _5\"/>axin<span class=\"_ _5\"/>omie de l'U<span class=\"_ _5\"/>E sur se<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns belg<span class=\"_ _5\"/>es,</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">af<span class=\"_ _5\"/>in d'\u00e9value<span class=\"_ _5\"/>r les \u00e9v\u00e9<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nts m<span class=\"_ _5\"/>\u00e9t\u00e9o<span class=\"_ _5\"/>rolog<span class=\"_ _5\"/>iques e<span class=\"_ _5\"/>xt<span class=\"_ _5\"/>r\u00eame<span class=\"_ _5\"/>s chro<span class=\"_ _5\"/>nique<span class=\"_ _5\"/>s et aigus r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ant du cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nt climat<span class=\"_ _5\"/>ique. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a mis en pla<span class=\"_ _5\"/>ce des</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">plan<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>at<span class=\"_ _5\"/>t\u00e9nua<span class=\"_ _5\"/>tion p<span class=\"_ _5\"/>our les r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es les p<span class=\"_ _5\"/>lus sus<span class=\"_ _5\"/>ceptib<span class=\"_ _5\"/>les d'augm<span class=\"_ _5\"/>enter a<span class=\"_ _5\"/>u cours de<span class=\"_ _5\"/>s 20 \u00e0 30 p<span class=\"_ _5\"/>rochai<span class=\"_ _5\"/>nes ann<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on du cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clima<span class=\"_ _5\"/>tique s<span class=\"_ _5\"/>elon le s<span class=\"_ _5\"/>c\u00e9nar<span class=\"_ _5\"/>io \u201cBus<span class=\"_ _5\"/>ines<span class=\"_ _5\"/>s As U<span class=\"_ _5\"/>sual\u201d (sc\u00e9<span class=\"_ _5\"/>nario d<span class=\"_ _5\"/>u pire du GI<span class=\"_ _5\"/>EC)<span class=\"_ _d\"/>, not<span class=\"_ _5\"/>amme<span class=\"_ _5\"/>nt les va<span class=\"_ _5\"/>gues d<span class=\"_ _5\"/>e chaleu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>, le<span class=\"_ _5\"/>s incen<span class=\"_ _5\"/>dies de f<span class=\"_ _5\"/>or\u00eat<span class=\"_ _5\"/>, les fo<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00e9<span class=\"_ _5\"/>cipit<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s inonda<span class=\"_ _5\"/>tions c\u00f4<span class=\"_ _5\"/>ti\u00e8re<span class=\"_ _5\"/>s et f<span class=\"_ _5\"/>luvia<span class=\"_ _5\"/>les et le<span class=\"_ _5\"/>s glis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de terr<span class=\"_ _5\"/>ain. En o<span class=\"_ _5\"/>utre, l<span class=\"_ _5\"/>a str<span class=\"_ _5\"/>at\u00e9gi<span class=\"_ _5\"/>e de dura<span class=\"_ _5\"/>bilit\u00e9 de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t compre<span class=\"_ _5\"/>nd des</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs am<span class=\"_ _5\"/>bitie<span class=\"_ _5\"/>ux de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>es \u00e9mis<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>s de gaz \u00e0 e<span class=\"_ _5\"/>ffet de s<span class=\"_ _5\"/>err<span class=\"_ _5\"/>e (\u201cGES\u201d). b<span class=\"_ _5\"/>post s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ngage \u00e0 f<span class=\"_ _5\"/>aire pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie des a<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>urs le<span class=\"_ _5\"/>s plus ver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s dans</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les p<span class=\"_ _5\"/>ays o\u00f9 elle o<span class=\"_ _5\"/>p\u00e8re e<span class=\"_ _5\"/>n pour<span class=\"_ _5\"/>suiv<span class=\"_ _5\"/>ant son o<span class=\"_ _5\"/>bjec<span class=\"_ _5\"/>tif d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>at<span class=\"_ _5\"/>teindr<span class=\"_ _5\"/>e des \u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>ons net<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s nulles d'ic<span class=\"_ _5\"/>i 204<span class=\"_ _5\"/>0 et de r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>e les \u00e9mi<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns de se<span class=\"_ _5\"/>s prop<span class=\"_ _5\"/>res</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ions de 5<span class=\"_ _5\"/>5% d'ici 203<span class=\"_ _5\"/>0 par ra<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t \u00e0 2019 (conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment \u00e0 l<span class=\"_ _5\"/>a traje<span class=\"_ _5\"/>cto<span class=\"_ _5\"/>ire SBT<span class=\"_ _5\"/>i 1,5<span class=\"_ _5\"/>\u00b0C). bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>time q<span class=\"_ _5\"/>ue ces di<span class=\"_ _5\"/>vers<span class=\"_ _5\"/>es init<span class=\"_ _5\"/>iative<span class=\"_ _5\"/>s ver<span class=\"_ _5\"/>tes</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>eront \u00e0 l'effo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>t mondia<span class=\"_ _5\"/>l visa<span class=\"_ _5\"/>nt \u00e0 r\u00e9du<span class=\"_ _5\"/>ire le chan<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t climati<span class=\"_ _5\"/>que et l'appa<span class=\"_ _5\"/>riti<span class=\"_ _5\"/>on de ph<span class=\"_ _5\"/>\u00e9nom<span class=\"_ _5\"/>\u00e8nes na<span class=\"_ _5\"/>turel<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tr\u00ea<span class=\"_ _5\"/>mes<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Out<span class=\"_ _5\"/>re l\u2019augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on de la fr<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nce des c<span class=\"_ _5\"/>atas<span class=\"_ _5\"/>tro<span class=\"_ _5\"/>phes n<span class=\"_ _5\"/>aturell<span class=\"_ _5\"/>es et de<span class=\"_ _5\"/>s prob<span class=\"_ _5\"/>l\u00e8me<span class=\"_ _5\"/>s de sant<span class=\"_ _5\"/>\u00e9, qui so<span class=\"_ _5\"/>nt ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>s au chang<span class=\"_ _5\"/>ement c<span class=\"_ _5\"/>limati<span class=\"_ _5\"/>que et</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qui p<span class=\"_ _5\"/>ourr<span class=\"_ _5\"/>aient a<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>ter nos o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s, on s\u2019at<span class=\"_ _5\"/>tend aus<span class=\"_ _5\"/>si \u00e0 ce qu<span class=\"_ _5\"/>e les ta<span class=\"_ _5\"/>xes ca<span class=\"_ _5\"/>rbo<span class=\"_ _5\"/>ne, les s<span class=\"_ _5\"/>ys<span class=\"_ _5\"/>t\u00e8me<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>\u00e9c<span class=\"_ _5\"/>hange de qu<span class=\"_ _5\"/>otas d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ion et le<span class=\"_ _5\"/>s tax<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur le<span class=\"_ _5\"/>s car<span class=\"_ _5\"/>bura<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>oient p<span class=\"_ _5\"/>r\u00e9do<span class=\"_ _5\"/>minant<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s r\u00e9gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns \u00e0 venir, alors q<span class=\"_ _5\"/>ue l\u2019<span class=\"_ _d\"/>on co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>ate une hau<span class=\"_ _5\"/>sse s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>ive du pr<span class=\"_ _5\"/>ix du SEQE d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'UE de<span class=\"_ _5\"/>puis l\u2019autom<span class=\"_ _5\"/>ne 2021. L<span class=\"_ _5\"/>e pri<span class=\"_ _5\"/>x moyen du c<span class=\"_ _5\"/>arb<span class=\"_ _5\"/>one es<span class=\"_ _5\"/>t sus<span class=\"_ _5\"/>ceptib<span class=\"_ _5\"/>le d'augmen<span class=\"_ _5\"/>ter jus<span class=\"_ _5\"/>qu\u2019\u00e0 attei<span class=\"_ _5\"/>ndre 10<span class=\"_ _5\"/>0 \u00e0 120 EUR par to<span class=\"_ _5\"/>nne m\u00e9<span class=\"_ _5\"/>triq<span class=\"_ _5\"/>ue d'ici</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">203<span class=\"_ _5\"/>0. En outr<span class=\"_ _5\"/>e, l'UE pr\u00e9<span class=\"_ _5\"/>voit \u00e9g<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt d'inclu<span class=\"_ _5\"/>re le se<span class=\"_ _5\"/>cteu<span class=\"_ _5\"/>r des tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>ans le SEQE de l'<span class=\"_ _5\"/>UE, ce qui au<span class=\"_ _5\"/>ra un impa<span class=\"_ _5\"/>ct pl<span class=\"_ _5\"/>us direc<span class=\"_ _5\"/>t sur n<span class=\"_ _5\"/>os co\u00fbt<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">not<span class=\"_ _5\"/>ammen<span class=\"_ _5\"/>t en ce qui con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>e les car<span class=\"_ _5\"/>bur<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s \u00e0 par<span class=\"_ _5\"/>tir de 20<span class=\"_ _5\"/>27<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les e<span class=\"_ _5\"/>ffet<span class=\"_ _5\"/>s de la ha<span class=\"_ _5\"/>uss<span class=\"_ _5\"/>e des pr<span class=\"_ _5\"/>ix du c<span class=\"_ _5\"/>arbo<span class=\"_ _5\"/>ne sur le<span class=\"_ _5\"/>s entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses s<span class=\"_ _5\"/>eront \u00e0 l<span class=\"_ _5\"/>a fois dy<span class=\"_ _5\"/>namiqu<span class=\"_ _5\"/>es et com<span class=\"_ _5\"/>plexe<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ls7 ws8\">Les co\u00fb<span class=\"_ _d\"/>t<span class=\"_ _5\"/>s<span class=\"_ _d\"/> des entreprises augment<span class=\"_ _d\"/>eront proportionnellement<span class=\"_ _d\"/> aux \u00e9missions<span class=\"_ _d\"/> totales<span class=\"_ _d\"/> qu'<span class=\"_ _d\"/>elles g<span class=\"_ _d\"/>\u00e9n\u00e8rent et \u00e9v<span class=\"_ _d\"/>entuellement<span class=\"_ _d\"/> \u00e0 cell<span class=\"_ _d\"/>es de leu<span class=\"_ _d\"/>rs </span></div>\n<div class=\"t m0 x2a h8 y56 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">fourni<span class=\"_ _5\"/>sseur<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les p<span class=\"_ _5\"/>rix d<span class=\"_ _5\"/>e vente so<span class=\"_ _5\"/>nt susce<span class=\"_ _5\"/>ptib<span class=\"_ _5\"/>les d'augme<span class=\"_ _5\"/>nter en v<span class=\"_ _5\"/>ue de com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>er les a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>ns de co\u00fb<span class=\"_ _5\"/>ts au n<span class=\"_ _5\"/>iveau du s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>teur.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>La d<span class=\"_ _5\"/>emand<span class=\"_ _5\"/>e peut d<span class=\"_ _5\"/>iminuer e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de la s<span class=\"_ _5\"/>ensib<span class=\"_ _5\"/>ilit\u00e9 de<span class=\"_ _5\"/>s client<span class=\"_ _5\"/>s au<span class=\"_ _5\"/>x prix s<span class=\"_ _5\"/>ur chaqu<span class=\"_ _5\"/>e march<span class=\"_ _5\"/>\u00e9 affec<span class=\"_ _5\"/>t\u00e9, ce qui r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>ait les v<span class=\"_ _5\"/>entes e<span class=\"_ _5\"/>t les co\u00fb<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x2a h8 y59 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">des en<span class=\"_ _d\"/>treprises.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st sur<span class=\"_ _5\"/>ve<span class=\"_ _5\"/>ille le ri<span class=\"_ _5\"/>sque li<span class=\"_ _5\"/>\u00e9 au pri<span class=\"_ _5\"/>x du car<span class=\"_ _5\"/>bon<span class=\"_ _5\"/>e et pre<span class=\"_ _5\"/>nd des m<span class=\"_ _5\"/>esure<span class=\"_ _5\"/>s pour r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>e son em<span class=\"_ _5\"/>preinte c<span class=\"_ _5\"/>arb<span class=\"_ _5\"/>one dan<span class=\"_ _5\"/>s le cadr<span class=\"_ _5\"/>e de la st<span class=\"_ _5\"/>rat\u00e9<span class=\"_ _5\"/>gie de</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur<span class=\"_ _5\"/>abilit\u00e9 du g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e. En int\u00e9g<span class=\"_ _5\"/>rant le<span class=\"_ _5\"/>s pr\u00e9v<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>s quant au pr<span class=\"_ _5\"/>ix du c<span class=\"_ _5\"/>arbo<span class=\"_ _5\"/>ne et le<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x intern<span class=\"_ _5\"/>es es<span class=\"_ _5\"/>tim<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r le car<span class=\"_ _5\"/>bone<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t peu<span class=\"_ _5\"/>t antici<span class=\"_ _5\"/>per le</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">co\u00fbt d<span class=\"_ _5\"/>e l'intensi<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es r\u00e9g<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>ns en mat<span class=\"_ _5\"/>i\u00e8re d<span class=\"_ _5\"/>e carb<span class=\"_ _5\"/>one e<span class=\"_ _5\"/>t s'<span class=\"_ _d\"/>adap<span class=\"_ _5\"/>ter aux a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s d'une \u00e9co<span class=\"_ _5\"/>nomie \u00e0 f<span class=\"_ _5\"/>aible \u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>on en ca<span class=\"_ _5\"/>rbo<span class=\"_ _5\"/>ne.</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Out<span class=\"_ _5\"/>re les p<span class=\"_ _5\"/>r\u00e9vis<span class=\"_ _5\"/>ions qua<span class=\"_ _5\"/>nt \u00e0 la tar<span class=\"_ _5\"/>if<span class=\"_ _5\"/>icati<span class=\"_ _5\"/>on du car<span class=\"_ _5\"/>bon<span class=\"_ _5\"/>e, bpo<span class=\"_ _5\"/>st s'effor<span class=\"_ _5\"/>ce \u00e9gale<span class=\"_ _5\"/>ment de r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>e eff<span class=\"_ _5\"/>icace<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>es \u00e9mi<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns. Co<span class=\"_ _5\"/>nscie<span class=\"_ _5\"/>nte de l'im<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pac<span class=\"_ _5\"/>t \u00e9col<span class=\"_ _5\"/>ogique i<span class=\"_ _5\"/>nduit pa<span class=\"_ _5\"/>r la crois<span class=\"_ _5\"/>san<span class=\"_ _5\"/>ce de la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n des col<span class=\"_ _5\"/>is, bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st f<span class=\"_ _5\"/>ix\u00e9 po<span class=\"_ _5\"/>ur obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if en ter<span class=\"_ _5\"/>mes de r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des \u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>ons de CO2</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de dimi<span class=\"_ _5\"/>nuer de 5<span class=\"_ _5\"/>5% les \u00e9<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ions \u00e9m<span class=\"_ _5\"/>anant de<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns prop<span class=\"_ _5\"/>res \u00e0 l'ens<span class=\"_ _5\"/>emble d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>tgr<span class=\"_ _5\"/>oup d'ici 20<span class=\"_ _5\"/>30, par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>t \u00e0 20<span class=\"_ _d\"/>19 (conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 la tr<span class=\"_ _5\"/>ajec<span class=\"_ _5\"/>toire d<span class=\"_ _5\"/>e 1,<span class=\"_ _5\"/>5 degr\u00e9 C<span class=\"_ _5\"/>elsi<span class=\"_ _5\"/>us de la Sc<span class=\"_ _5\"/>ience<span class=\"_ _5\"/>-<span class=\"_ _5\"/>Base<span class=\"_ _5\"/>d T<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>get<span class=\"_ _5\"/>s Initiat<span class=\"_ _5\"/>ive et a<span class=\"_ _5\"/>ux obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs cli<span class=\"_ _5\"/>matiqu<span class=\"_ _5\"/>es de l'Accord de P<span class=\"_ _5\"/>aris). Pour at<span class=\"_ _5\"/>tein<span class=\"_ _5\"/>dre cet</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if, bpos<span class=\"_ _5\"/>t pas<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>a, ent<span class=\"_ _5\"/>re autr<span class=\"_ _5\"/>es, \u00e0 d<span class=\"_ _5\"/>es ca<span class=\"_ _5\"/>mionne<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s 100<span class=\"_ _5\"/>% \u00e9lec<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>iques (<span class=\"_ _5\"/>peti<span class=\"_ _5\"/>tes, m<span class=\"_ _5\"/>oyenn<span class=\"_ _5\"/>es et gr<span class=\"_ _5\"/>ande<span class=\"_ _5\"/>s) d'ici 203<span class=\"_ _5\"/>0.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 237px; height: 845px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 237px; height: 845px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 237px; height: 845px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 237px; height: 845px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Risque de cr<span class=\"_ _d\"/>\u00e9dit</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>e aux r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es de cr\u00e9<span class=\"_ _5\"/>dit dan<span class=\"_ _5\"/>s ses ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>vit\u00e9s o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle<span class=\"_ _5\"/>s, dans l<span class=\"_ _5\"/>e placem<span class=\"_ _5\"/>ent et l<span class=\"_ _5\"/>a gest<span class=\"_ _5\"/>ion de s<span class=\"_ _5\"/>es liqu<span class=\"_ _5\"/>idit\u00e9s (b<span class=\"_ _5\"/>anca<span class=\"_ _5\"/>ires).</div>\n<div class=\"t m0 x7 hb y84 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ydd2 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ydd5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>t \u00e9qu<span class=\"_ _5\"/>ivale<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>e<span class=\"_ _27d\"> </span><span class=\"ls14 ws16\">1.051,0<span class=\"_ _130\"> </span><span class=\"ls12 ws14\">9<span class=\"_ _2\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd ydd6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales et autres cr\u00e9ances<span class=\"_ _27e\"> </span><span class=\"ls0 ws0\">871,<span class=\"_ _5\"/>0<span class=\"_ _134\"> </span><span class=\"ls18 ws1a\">8<span class=\"_ _5\"/>30,2</span></span></div>\n<div class=\"t m0 x7 hd ydd7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res c<span class=\"_ _5\"/>r\u00e9an<span class=\"_ _5\"/>ces ex<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>\u00e9es \u00e0 u<span class=\"_ _5\"/>n ris<span class=\"_ _5\"/>que de c<span class=\"_ _5\"/>r\u00e9di<span class=\"_ _5\"/>t<span class=\"_ _5e\"> </span><span class=\"lsbc ws51\">41,<span class=\"_ _5\"/>4<span class=\"_ _1d7\"> </span><span class=\"ls12 ws14\">7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4</span></span></div>\n<div class=\"t m0 x7 h35 ydd8 ff8 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Do<span class=\"_ _5\"/>nt pr\u00eat \u00e0 un<span class=\"_ _5\"/>e entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>se ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e<span class=\"_ _27f\" style=\"margin-left: -39px;\"> </span><span class=\"ff4 ls18 ws1a\">0,0<span class=\"_ _1de\"> </span><span class=\"ls7 ws8\">25,0</span></span></div>\n<div class=\"t m0 x7 hf ydd9 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ACTIF<span class=\"_ _d\"/>S FINANCIERS: RISQUE DE CREDIT</div>\n<div class=\"t m0 x27 h1b ydda ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">1.96<span class=\"_ _5\"/>3,3<span class=\"_ _e2\"> </span><span class=\"ls14 ws16\">1<span class=\"_ _5\"/>.84<span class=\"_ _5\"/>0,0</span></div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 11 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2019, bpos<span class=\"_ _5\"/>t a accord<span class=\"_ _5\"/>\u00e9 \u00e0 bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que un emp<span class=\"_ _5\"/>runt su<span class=\"_ _5\"/>bord<span class=\"_ _5\"/>onn\u00e9 s\u2019\u00e9lev<span class=\"_ _5\"/>ant \u00e0 25<span class=\"_ _5\"/>,0 mEUR<span class=\"_ _5\"/>, dont la ma<span class=\"_ _5\"/>turit\u00e9 e<span class=\"_ _5\"/>st de 10 a<span class=\"_ _5\"/>ns et ave<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une p<span class=\"_ _5\"/>remi\u00e8<span class=\"_ _5\"/>re date d\u2019exerc<span class=\"_ _5\"/>ice de l\u2019optio<span class=\"_ _5\"/>n de rac<span class=\"_ _5\"/>hat apr\u00e8<span class=\"_ _5\"/>s 5 ans<span class=\"_ _5\"/>. En tant qu<span class=\"_ _5\"/>e telle, ce<span class=\"_ _5\"/>tte de<span class=\"_ _5\"/>tte s<span class=\"_ _5\"/>e clas<span class=\"_ _5\"/>se ap<span class=\"_ _5\"/>r\u00e8s le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dev<span class=\"_ _5\"/>ait tomb<span class=\"_ _5\"/>er en li<span class=\"_ _5\"/>quidati<span class=\"_ _5\"/>on ou en f<span class=\"_ _5\"/>aillite. C<span class=\"_ _5\"/>et emp<span class=\"_ _5\"/>runt a \u00e9<span class=\"_ _5\"/>t\u00e9 remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>\u00e9 le 3 janvie<span class=\"_ _5\"/>r 2022<span class=\"_ _5\"/>, para<span class=\"_ _5\"/>ll\u00e8lem<span class=\"_ _5\"/>ent \u00e0 la f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n par</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">laqu<span class=\"_ _5\"/>elle BN<span class=\"_ _5\"/>PPF a acquis l<span class=\"_ _5\"/>es 50<span class=\"_ _5\"/>% de par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cipati<span class=\"_ _5\"/>ons de bp<span class=\"_ _5\"/>ost da<span class=\"_ _5\"/>ns bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que.</div>\n<div class=\"t m0 x5 hb y9 ff7 fs6 fc3 sc0 ls1e wsd6\" style=\"z-index: 15;\">Activit\u00e9s op\u00e9rationnelles</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e cr\u00e9di<span class=\"_ _5\"/>t ne conce<span class=\"_ _5\"/>rne pa<span class=\"_ _5\"/>r d\u00e9f<span class=\"_ _5\"/>initio<span class=\"_ _5\"/>n que la par<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t qui ne so<span class=\"_ _5\"/>nt pas pay\u00e9<span class=\"_ _5\"/>es \u201cau comp<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>\u201d<span class=\"_ _d\"/>. bpo<span class=\"_ _5\"/>st S<span class=\"_ _5\"/>A g\u00e8re de ma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ni\u00e8r<span class=\"_ _5\"/>e ac<span class=\"_ _5\"/>tive so<span class=\"_ _5\"/>n exp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on au ri<span class=\"_ _5\"/>sque de c<span class=\"_ _5\"/>r\u00e9dit e<span class=\"_ _5\"/>n analy<span class=\"_ _5\"/>sant la s<span class=\"_ _5\"/>olva<span class=\"_ _5\"/>bilit\u00e9 de s<span class=\"_ _5\"/>es cli<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s. Cel<span class=\"_ _5\"/>a se tr<span class=\"_ _5\"/>aduit pa<span class=\"_ _5\"/>r un clas<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent cr\u00e9<span class=\"_ _5\"/>dit et un<span class=\"_ _5\"/>e limite</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de cr<span class=\"_ _5\"/>\u00e9dit<span class=\"_ _5\"/>.</div>\n\n<div/>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st S<span class=\"_ _5\"/>A compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e sur toute<span class=\"_ _5\"/>s ses c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s une prov<span class=\"_ _5\"/>ision p<span class=\"_ _5\"/>our pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues ba<span class=\"_ _5\"/>s\u00e9e s<span class=\"_ _5\"/>ur le mod<span class=\"_ _5\"/>\u00e8le de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>es sur la d<span class=\"_ _5\"/>ur\u00e9e de v<span class=\"_ _5\"/>ie. Etan<span class=\"_ _5\"/>t donn\u00e9 q<span class=\"_ _5\"/>ue les cr<span class=\"_ _5\"/>\u00e9ances co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ciales n<span class=\"_ _5\"/>e contie<span class=\"_ _5\"/>nnent p<span class=\"_ _5\"/>as de comp<span class=\"_ _5\"/>osan<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>\u00e8res si<span class=\"_ _5\"/>gnif<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>es, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a opt\u00e9 po<span class=\"_ _5\"/>ur l\u2019<span class=\"_ _d\"/>app<span class=\"_ _5\"/>roch<span class=\"_ _5\"/>e simplif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>e pour c<span class=\"_ _5\"/>alcule<span class=\"_ _5\"/>r le taux p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e credi<span class=\"_ _5\"/>t atte<span class=\"_ _5\"/>ndue gr<span class=\"_ _5\"/>\u00e2ce \u00e0 l\u2019util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on d\u2019une mat<span class=\"_ _5\"/>rice, b<span class=\"_ _5\"/>as\u00e9<span class=\"_ _5\"/>e sur les</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tau<span class=\"_ _5\"/>x his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ues de d\u00e9<span class=\"_ _5\"/>faut a<span class=\"_ _5\"/>dapt\u00e9<span class=\"_ _5\"/>s aux info<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>ions ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lles et p<span class=\"_ _5\"/>rosp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau su<span class=\"_ _5\"/>ivant p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nte les m<span class=\"_ _5\"/>ouvem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de prov<span class=\"_ _5\"/>ision p<span class=\"_ _5\"/>our pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues :</div>\n<div class=\"t m0 x7 hc yddb ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hf yddc ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yddd ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yddc ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER</div>\n<div class=\"t m0 x170 h1b ydde ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">22,0<span class=\"_ _1f5\"> </span>2<span class=\"_ _5\"/>4,8</div>\n<div class=\"t m0 x7 hd yddf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s de val<span class=\"_ _5\"/>eur<span class=\"_ _5\"/>: dotat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s via reg<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s d'entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses</div>\n<div class=\"t m0 x108 hd yde0 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,8<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>5)</span></div>\n<div class=\"t m0 x7 hd yde1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: dotation<span class=\"_ _25a\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>9<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">1,7</span></span></div>\n<div class=\"t m0 x7 hd yde2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: utilisation<span class=\"_ _168\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>)<span class=\"_ _23\"> </span>(1,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x7 hd yde3 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: repris<span class=\"_ _5\"/>e<span class=\"_ _112\"> </span><span class=\"ls42 ws4c\">(2,7)<span class=\"_ _1e2\"> </span><span class=\"ls0 ws0\">(2,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7 hd yde4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: \u00e9car<span class=\"_ _5\"/>ts de conversion<span class=\"_ _22d\"> </span><span class=\"ls22 ws24\">(0,<span class=\"_ _5\"/>3)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,5</span></span></div>\n<div class=\"t m0 x7 hf yde5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x55 h1b yde6 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">3<span class=\"_ _5\"/>7,7<span class=\"_ _23\"> </span><span class=\"ls1d ws1f\">22,0</span></div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019analy<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s balance<span class=\"_ _5\"/>s \u00e2g\u00e9e<span class=\"_ _5\"/>s des cr<span class=\"_ _5\"/>\u00e9ance<span class=\"_ _5\"/>s commer<span class=\"_ _5\"/>ciales e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xposi<span class=\"_ _5\"/>tion au r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ue de cr\u00e9<span class=\"_ _5\"/>dit se<span class=\"_ _5\"/>lon la matr<span class=\"_ _5\"/>ice de p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on se pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nte comme</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">suit :</div>\n<div class=\"t m0 x12 hc yb28 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JO<span class=\"_ _5\"/>URS D<span class=\"_ _5\"/>E RETA<span class=\"_ _5\"/>RD</div>\n<div class=\"t m0 x7 hc yde7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _280\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>T<span class=\"_ _6e\"> </span></span><span class=\"ff7\">&lt;<span class=\"_ _5\"/>60 JO<span class=\"_ _5\"/>URS<span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>0-1<span class=\"_ _5\"/>20 JO<span class=\"_ _5\"/>URS<span class=\"_ _8e\"> </span>&gt;12<span class=\"_ _5\"/>0 JOU<span class=\"_ _5\"/>RS</span></div>\n<div class=\"t m0 x9a hc yde8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SO<span class=\"_ _5\"/>LDE S<span class=\"_ _5\"/>GEI PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x14c hc yde7 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DEFAUT<span class=\"_ _138\"> </span><span class=\"ff5 fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf yde9 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x7 hd ydea ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>e bru<span class=\"_ _5\"/>te tota<span class=\"_ _5\"/>le es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>e en ca<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x7 hd ydeb ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">d\u00e9faut</div>\n<div class=\"t m0 x116 hd ydea ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">803,<span class=\"_ _5\"/>5<span class=\"_ _1cb\"> </span><span class=\"ls17 ws19\">2<span class=\"_ _5\"/>9,8<span class=\"_ _ea\"> </span><span class=\"ls26 ws28\">3,8<span class=\"_ _ea\"> </span><span class=\"ls2e ws30\">8,5<span class=\"_ _ea\"> </span><span class=\"ls1d ws1f\">6,5<span class=\"_ _254\"> </span><span class=\"ls1f ws21\">8<span class=\"_ _5\"/>52,2</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ydec ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e cr\u00e9d<span class=\"_ _5\"/>it at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>u<span class=\"_ _281\"> </span><span class=\"ls1a ws1c\">0,4%<span class=\"_ _282\"> </span><span class=\"ls14 ws16\">12,<span class=\"_ _5\"/>5%<span class=\"_ _282\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>0%<span class=\"_ _282\"> </span><span class=\"ls25 ws27\">98,0<span class=\"_ _5\"/>%<span class=\"_ _21d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yded ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n pou<span class=\"_ _5\"/>r per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues<span class=\"_ _27\"> </span>(2<span class=\"_ _5\"/>,9)<span class=\"_ _1cb\"> </span><span class=\"ls1b ws1d\">(3<span class=\"_ _5\"/>,7)<span class=\"_ _1cb\"> </span></span>(0,<span class=\"_ _5\"/>5)<span class=\"_ _1cb\"> </span><span class=\"ls22 ws24\">(8,<span class=\"_ _5\"/>4)<span class=\"_ _283\"> </span><span class=\"ls2b ws2d\">(6,<span class=\"_ _5\"/>5)<span class=\"_ _dd\"> </span><span class=\"ls17 ws19\">(22<span class=\"_ _5\"/>,0)</span></span></span></div>\n<div class=\"t m0 x7 hf ydee ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET FR<span class=\"_ _d\"/>AIS TERMINAUX</div>\n<div class=\"t m0 x5a h1b ydef ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">80<span class=\"_ _5\"/>0,6<span class=\"_ _b3\"> </span><span class=\"ls7 ws8\">26,<span class=\"_ _5\"/>1<span class=\"_ _107\"> </span><span class=\"ls25 ws27\">3,3<span class=\"_ _7e\"> </span></span></span>0,2<span class=\"_ _7e\"> </span>0,0<span class=\"_ _206\"> </span>830,<span class=\"_ _5\"/>2</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 181px; height: 496px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 181px; height: 496px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 181px; height: 901px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 181px; height: 901px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 181px; height: 901px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 181px; height: 901px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div/>\n<div><br/></div>\n\n<div class=\"t m0 x12 hc ydf0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JO<span class=\"_ _5\"/>URS D<span class=\"_ _5\"/>E RETA<span class=\"_ _5\"/>RD</div>\n<div class=\"t m0 x7 hc ydf1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _280\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>T<span class=\"_ _6e\"> </span></span><span class=\"ff7\">&lt;<span class=\"_ _5\"/>60 JO<span class=\"_ _5\"/>URS<span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>0-1<span class=\"_ _5\"/>20 JO<span class=\"_ _5\"/>URS<span class=\"_ _8e\"> </span>&gt;12<span class=\"_ _5\"/>0 JOU<span class=\"_ _5\"/>RS</span></div>\n<div class=\"t m0 x9a hc ydf2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SO<span class=\"_ _5\"/>LDE S<span class=\"_ _5\"/>GEI PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x14c hc ydf1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DEFAUT<span class=\"_ _138\"> </span><span class=\"ff5 fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf ydf3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x7 hd ydf4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>e bru<span class=\"_ _5\"/>te tota<span class=\"_ _5\"/>le es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>e en ca<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x7 hd ydf5 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">d\u00e9faut</div>\n<div class=\"t m0 x116 hd ydf4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">83<span class=\"_ _5\"/>0,0<span class=\"_ _1cb\"> </span><span class=\"ls2e ws30\">48,8<span class=\"_ _ea\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>8<span class=\"_ _1cc\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>,4<span class=\"_ _13d\"> </span></span></span></span>90<span class=\"_ _5\"/>0,0</div>\n<div class=\"t m0 x7 hd ydf6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e cr\u00e9d<span class=\"_ _5\"/>it at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>u<span class=\"_ _281\"> </span><span class=\"ls18 ws1a\">0,0%<span class=\"_ _282\"> </span><span class=\"ls14 ws16\">21,6%<span class=\"_ _282\"> </span><span class=\"ls1f ws21\">43,8<span class=\"_ _5\"/>%<span class=\"_ _7f\"> </span><span class=\"ls17 ws19\">99,<span class=\"_ _5\"/>9%</span></span></span></span></div>\n<div class=\"t m0 x7 hd ydf7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n pou<span class=\"_ _5\"/>r per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues<span class=\"_ _16b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _94\"> </span><span class=\"ls1b ws1d\">(10,<span class=\"_ _5\"/>6)<span class=\"_ _1cb\"> </span><span class=\"ls90 wsa4\">(2<span class=\"_ _5\"/>,1)<span class=\"_ _254\"> </span><span class=\"ls22 ws24\">(16<span class=\"_ _5\"/>,4)<span class=\"_ _40\"> </span><span class=\"ls17 ws19\">(29,0)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ydf8 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET TERMINAL DUES</div>\n<div class=\"t m0 x5a h1b ydf9 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">830,0<span class=\"_ _b3\"> </span><span class=\"ls49 ws57\">38,2<span class=\"_ _7e\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>,7<span class=\"_ _7e\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _284\"> </span><span class=\"ls1a ws1c\">871,<span class=\"_ _5\"/>0</span></span></span></span></div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te de cr\u00e9<span class=\"_ _5\"/>dit es<span class=\"_ _5\"/>compt\u00e9 a aug<span class=\"_ _5\"/>ment\u00e9 e<span class=\"_ _5\"/>n 2022 p<span class=\"_ _5\"/>ar rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t \u00e0 2021<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>ue \u00e0 des li<span class=\"_ _5\"/>tiges av<span class=\"_ _5\"/>ec</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>s r\u00e9<span class=\"_ _5\"/>sili\u00e9s c<span class=\"_ _5\"/>hez Ra<span class=\"_ _5\"/>dial Nor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>h Amer<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>. La pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes de c<span class=\"_ _5\"/>r\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>d la supe<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n de la COVI<span class=\"_ _5\"/>D-19 et de l<span class=\"_ _5\"/>a</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cri<span class=\"_ _5\"/>se \u00e9n<span class=\"_ _5\"/>erg\u00e9t<span class=\"_ _5\"/>ique su<span class=\"_ _5\"/>r la base d<span class=\"_ _5\"/>e la nota<span class=\"_ _5\"/>tion de c<span class=\"_ _5\"/>r\u00e9dit d<span class=\"_ _5\"/>u client f<span class=\"_ _5\"/>ourni<span class=\"_ _5\"/>e par une age<span class=\"_ _5\"/>nce de no<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 837px; height: 247px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 837px; height: 247px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 h7 y7 ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">Placement<span class=\"_ _d\"/> des liquidit\u00e9s</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En ce qui con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>e le place<span class=\"_ _5\"/>ment pa<span class=\"_ _5\"/>r bpos<span class=\"_ _5\"/>t de se<span class=\"_ _5\"/>s liquidi<span class=\"_ _5\"/>t\u00e9s, l<span class=\"_ _5\"/>esqu<span class=\"_ _5\"/>elles in<span class=\"_ _5\"/>cluen<span class=\"_ _5\"/>t la tr\u00e9s<span class=\"_ _5\"/>ore<span class=\"_ _5\"/>rie et le<span class=\"_ _5\"/>s \u00e9qui<span class=\"_ _5\"/>valen<span class=\"_ _5\"/>ts de t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie ainsi q<span class=\"_ _5\"/>ue les t<span class=\"_ _5\"/>itres</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de pla<span class=\"_ _5\"/>ceme<span class=\"_ _5\"/>nt, l\u2019exp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>n au ris<span class=\"_ _5\"/>que de c<span class=\"_ _5\"/>r\u00e9dit r<span class=\"_ _5\"/>\u00e9sulte d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>un ma<span class=\"_ _5\"/>nquem<span class=\"_ _5\"/>ent de la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie ad<span class=\"_ _5\"/>vers<span class=\"_ _5\"/>e, l\u2019expo<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n maxima<span class=\"_ _5\"/>le corr<span class=\"_ _5\"/>espo<span class=\"_ _5\"/>ndant \u00e0 la v<span class=\"_ _5\"/>aleur</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>table d<span class=\"_ _5\"/>e ces ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 747px; height: 337px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb ya ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Risque de liquidit\u00e9</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e liquidi<span class=\"_ _5\"/>t\u00e9 dispo<span class=\"_ _5\"/>nible de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est l<span class=\"_ _5\"/>imit\u00e9, ce<span class=\"_ _5\"/>ci s\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>e par le nive<span class=\"_ _5\"/>au \u00e9lev\u00e9 d<span class=\"_ _5\"/>es liqu<span class=\"_ _5\"/>idit\u00e9s d<span class=\"_ _5\"/>e cais<span class=\"_ _5\"/>se et le f<span class=\"_ _5\"/>ait qu\u2019une p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie sig<span class=\"_ _5\"/>nifi<span class=\"_ _5\"/>ca-</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>e de ses r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s est p<span class=\"_ _5\"/>ay\u00e9e par s<span class=\"_ _5\"/>es clie<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s avant la pr<span class=\"_ _5\"/>est<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice<span class=\"_ _5\"/>-m\u00ea<span class=\"_ _5\"/>me.</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>ch\u00e9a<span class=\"_ _5\"/>nces de<span class=\"_ _5\"/>s pas<span class=\"_ _5\"/>sifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s sont pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9s com<span class=\"_ _5\"/>me suit<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hc ydfa ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _120\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>ANT<span class=\"_ _d0\"> </span><span class=\"ls48 ws56\">NON C<span class=\"_ _d\"/>OUR<span class=\"_ _5\"/>ANT<span class=\"_ _255\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></span></span></div>\n<div class=\"t m0 x4a hc ydfb ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>INS D'<span class=\"_ _5\"/>UN A<span class=\"_ _5\"/>N<span class=\"_ _ac\"> </span>EN<span class=\"_ _5\"/>TRE 1 E<span class=\"_ _5\"/>T 5 ANS<span class=\"_ _80\"> </span>PLUS D<span class=\"_ _5\"/>E 5 ANS</div>\n<div class=\"t m0 x7 hf ydfc ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x7 hd ydfd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013 fi<span class=\"_ _5\"/>nance<span class=\"_ _5\"/>ment<span class=\"_ _252\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>9<span class=\"_ _17a\"> </span><span class=\"ls18 ws1a\">320,3<span class=\"_ _17a\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>5,<span class=\"_ _2\"/>3<span class=\"_ _d0\"> </span><span class=\"ls9c ws4f\">613<span class=\"_ _5\"/>,5</span></span></span></span></div>\n<div class=\"t m0 x7 hd ydfe ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s<span class=\"_ _f7\"> </span><span class=\"ls18 ws1a\">1.470,9<span class=\"_ _137\"> </span><span class=\"ls26 ws28\">33,3<span class=\"_ _bf\"> </span></span>0,0<span class=\"_ _149\"> </span><span class=\"ls14 ws16\">1.<span class=\"_ _5\"/>504,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ydff ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _285\"> </span><span class=\"ls3b ws43\">8,1<span class=\"_ _d0\"> </span><span class=\"ls20 ws22\">678,6<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _273\"> </span><span class=\"ls1d ws1f\">686,8</span></span></span></span></div>\n<div class=\"t m0 x7 hd ye00 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Papiers commerciaux<span class=\"_ _276\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ye01 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Instruments d\u00e9riv\u00e9s<span class=\"_ _21b\"> </span><span class=\"ls18 ws1a\">0,3<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,3</span></div>\n<div class=\"t m0 x7 hd ye02 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires</div>\n<div class=\"t m0 x188 hd ye03 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">12,0<span class=\"_ _273\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>8<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _d0\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8</span></span></span></div>\n<div class=\"t m0 x7 hf ye04 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL PAS<span class=\"_ _d\"/>SIFS</div>\n<div class=\"t m0 x40 h1b ye05 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">1.<span class=\"_ _5\"/>609,<span class=\"_ _5\"/>3<span class=\"_ _103\"> </span><span class=\"lsd2 wsf2\">1<span class=\"_ _2\"/>.<span class=\"_ _5\"/>1<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>1<span class=\"_ _286\"> </span><span class=\"lsec ws10d\">17<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3<span class=\"_ _16\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>.9<span class=\"_ _5\"/>81<span class=\"_ _5\"/>,7</span></span></span></div>\n<div class=\"t m0 x7 hf ye06 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x7 hd ye07 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013 fi<span class=\"_ _5\"/>nance<span class=\"_ _5\"/>ment<span class=\"_ _f0\"> </span><span class=\"ls1d ws1f\">156,5<span class=\"_ _273\"> </span><span class=\"ls3b ws43\">40<span class=\"_ _5\"/>5,1<span class=\"_ _d0\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>9,<span class=\"_ _5\"/>8<span class=\"_ _d8\"> </span><span class=\"ls92 wsa6\">741<span class=\"_ _5\"/>,4</span></span></span></span></div>\n<div class=\"t m0 x7 hd ye08 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s<span class=\"_ _cc\"> </span><span class=\"ls18 ws1a\">1.49<span class=\"_ _5\"/>4,4<span class=\"_ _137\"> </span><span class=\"ls7 ws8\">25,9<span class=\"_ _bf\"> </span></span>0,0<span class=\"_ _cc\"> </span>1.5<span class=\"_ _5\"/>20,3</span></div>\n<div class=\"t m0 x7 hd ye09 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _285\"> </span><span class=\"ls3b ws43\">8,1<span class=\"_ _273\"> </span><span class=\"ls1a ws1c\">6<span class=\"_ _5\"/>70,5<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _d0\"> </span><span class=\"ls20 ws22\">678<span class=\"_ _5\"/>,6</span></span></span></span></div>\n<div class=\"t m0 x7 hd ye0a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _268\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ye0b ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Instruments d\u00e9riv\u00e9s<span class=\"_ _276\"> </span><span class=\"ls22 ws24\">(0,<span class=\"_ _5\"/>3)<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _cb\"> </span></span>(0,<span class=\"_ _5\"/>3)</span></div>\n<div class=\"t m0 x7 hd ye0c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">D\u00e9couver<span class=\"_ _5\"/>ts bancaires<span class=\"_ _287\"> </span><span class=\"ls18 ws1a\">0,4<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,4</span></div>\n<div class=\"t m0 x7 hd ye0d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _120\"> </span><span class=\"ls2a ws2c\">176<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _ca\"> </span>0,0<span class=\"_ _17a\"> </span></span>17<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t m0 x7 hd ye0e ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _c\"> </span><span class=\"ls0 ws0\">(0,2)<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _4e\"> </span></span>(0,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x7 hf ye0f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ye10 ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">1.8<span class=\"_ _5\"/>35,9<span class=\"_ _122\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.101<span class=\"_ _5\"/>,5<span class=\"_ _288\"> </span><span class=\"lsec ws10d\">17<span class=\"_ _5\"/>9,<span class=\"_ _5\"/>8<span class=\"_ _2a\"> </span><span class=\"lsd2 wsf2\">3<span class=\"_ _5\"/>.<span class=\"_ _5\"/>1<span class=\"_ _5\"/>17,<span class=\"_ _2\"/>2</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 220px; height: 517px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 220px; height: 864px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 220px; height: 864px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 220px; height: 864px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>ch\u00e9a<span class=\"_ _5\"/>nces con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lles ci<span class=\"_ _5\"/>-d<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>us son<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>es sur le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s non ac<span class=\"_ _5\"/>tual<span class=\"_ _5\"/>is\u00e9s<span class=\"_ _5\"/>, qui pe<span class=\"_ _5\"/>uvent d<span class=\"_ _5\"/>iff\u00e9re<span class=\"_ _5\"/>r de la vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tab<span class=\"_ _5\"/>le des pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s \u00e0 la date du b<span class=\"_ _5\"/>ilan cons<span class=\"_ _5\"/>olid\u00e9<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e liquidi<span class=\"_ _5\"/>t\u00e9 est m<span class=\"_ _5\"/>itig\u00e9 par d<span class=\"_ _5\"/>es lign<span class=\"_ _5\"/>es de cr<span class=\"_ _5\"/>\u00e9dit e<span class=\"_ _5\"/>n ligne ave<span class=\"_ _5\"/>c la taill<span class=\"_ _5\"/>e des op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 1017px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 1017px; height: 65px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 1017px; height: 65px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y86 ffc fs11 fc2 sc0 ls0 ws6d\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>3<span class=\"_ _1\"/>1 <span class=\"_\"> </span>Actifs et passifs \u00e9v<span class=\"_ _d\"/>entu<span class=\"_ _d\"/>els</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Comm<span class=\"_ _5\"/>e d\u00e9c<span class=\"_ _5\"/>rit dan<span class=\"_ _5\"/>s la note 6.<span class=\"_ _5\"/>28<span class=\"_ _5\"/>, la Cour d\u2019app<span class=\"_ _5\"/>el de Br<span class=\"_ _5\"/>uxell<span class=\"_ _5\"/>es a annu<span class=\"_ _5\"/>l\u00e9, le 10 novem<span class=\"_ _5\"/>bre 2016, la d\u00e9<span class=\"_ _5\"/>cisio<span class=\"_ _5\"/>n de l'<span class=\"_ _d\"/>Auto<span class=\"_ _5\"/>rit\u00e9 b<span class=\"_ _5\"/>elge de la co<span class=\"_ _5\"/>ncur<span class=\"_ _5\"/>rence</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'inf<span class=\"_ _5\"/>liger un<span class=\"_ _5\"/>e amen<span class=\"_ _5\"/>de de 37<span class=\"_ _d\"/>,4 mEUR<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'auto<span class=\"_ _5\"/>rit\u00e9 b<span class=\"_ _5\"/>elge de la co<span class=\"_ _5\"/>ncurr<span class=\"_ _5\"/>ence a f<span class=\"_ _5\"/>ait app<span class=\"_ _5\"/>el de ce juge<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>evant la C<span class=\"_ _5\"/>our de C<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>ation s<span class=\"_ _5\"/>ur des p<span class=\"_ _5\"/>oint<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de dro<span class=\"_ _5\"/>it. Le 2<span class=\"_ _5\"/>2 nove<span class=\"_ _5\"/>mbre 2018, l<span class=\"_ _5\"/>a Cour de C<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n a annul\u00e9 le ju<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t et a renvoy<span class=\"_ _5\"/>\u00e9 l'<span class=\"_ _d\"/>aff<span class=\"_ _5\"/>aire \u00e0 la Co<span class=\"_ _5\"/>ur d'appel d<span class=\"_ _5\"/>e Bru<span class=\"_ _5\"/>xelles p<span class=\"_ _5\"/>our un no<span class=\"_ _5\"/>uveau</div>\n<div class=\"t m0 x5 h7 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pro<span class=\"_ _5\"/>c\u00e8s. P<span class=\"_ _5\"/>ar un jugem<span class=\"_ _5\"/>ent du 19 f<span class=\"_ _5\"/>\u00e9vr<span class=\"_ _5\"/>ier 2020, l<span class=\"_ _5\"/>a Cour d'app<span class=\"_ _5\"/>el de Br<span class=\"_ _5\"/>uxell<span class=\"_ _5\"/>es a d\u00e9c<span class=\"_ _5\"/>id\u00e9 de p<span class=\"_ _5\"/>oser de<span class=\"_ _5\"/>ux que<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ions \u00e0 la Co<span class=\"_ _5\"/>ur de jus<span class=\"_ _5\"/>tice de l'<span class=\"_ _5\"/>UE (\u201c<span class=\"ff5 ls7 ws8\">CJUE</span>\u201d)</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r une dem<span class=\"_ _5\"/>ande de d<span class=\"_ _5\"/>\u00e9cisi<span class=\"_ _5\"/>on pr\u00e9<span class=\"_ _5\"/>liminair<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x13b h1c ye11 ff4 fs12 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">7</div>\n<div class=\"t m0 x174 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">. Le 2<span class=\"_ _5\"/>2 mars 20<span class=\"_ _5\"/>22, la C<span class=\"_ _5\"/>JUE a \u00e9<span class=\"_ _5\"/>mis sa d\u00e9<span class=\"_ _5\"/>cisi<span class=\"_ _5\"/>on pr\u00e9l<span class=\"_ _5\"/>iminaire<span class=\"_ _5\"/>, en r\u00e9p<span class=\"_ _5\"/>onse a<span class=\"_ _5\"/>ux deu<span class=\"_ _5\"/>x ques<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s de la</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cour d'ap<span class=\"_ _5\"/>pel de B<span class=\"_ _5\"/>ruxe<span class=\"_ _5\"/>lles<span class=\"_ _5\"/>. La Cou<span class=\"_ _5\"/>r d'<span class=\"_ _d\"/>ap<span class=\"_ _5\"/>pel de<span class=\"_ _5\"/>vra en<span class=\"_ _5\"/>suite pr<span class=\"_ _5\"/>endre u<span class=\"_ _5\"/>ne d\u00e9c<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>, \u00e0 la lumi\u00e8r<span class=\"_ _5\"/>e des r\u00e9<span class=\"_ _5\"/>pons<span class=\"_ _5\"/>es de la C<span class=\"_ _5\"/>JUE<span class=\"_ _5\"/>.. Ce qui p<span class=\"_ _5\"/>r\u00e9c\u00e8d<span class=\"_ _5\"/>e cons<span class=\"_ _5\"/>ti-</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tue un a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if \u00e9vent<span class=\"_ _5\"/>uel \u00e9t<span class=\"_ _5\"/>ant don<span class=\"_ _5\"/>n\u00e9 que, a<span class=\"_ _5\"/>u cas o\u00f9 la C<span class=\"_ _5\"/>our d'appe<span class=\"_ _5\"/>l annule<span class=\"_ _5\"/>rait la d<span class=\"_ _5\"/>\u00e9cis<span class=\"_ _5\"/>ion de l'Autor<span class=\"_ _5\"/>it\u00e9 belg<span class=\"_ _5\"/>e de la conc<span class=\"_ _5\"/>urren<span class=\"_ _5\"/>ce, bpo<span class=\"_ _5\"/>st po<span class=\"_ _5\"/>urr<span class=\"_ _5\"/>ait</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">reco<span class=\"_ _5\"/>uvre<span class=\"_ _5\"/>r l'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>ende d<span class=\"_ _5\"/>e 37<span class=\"_ _1\"/>,4 mEU<span class=\"_ _5\"/>R (hor<span class=\"_ _5\"/>s int\u00e9r\u00ea<span class=\"_ _5\"/>ts), \u00e0 moins q<span class=\"_ _5\"/>ue la Cour d<span class=\"_ _5\"/>e Cas<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on annul<span class=\"_ _5\"/>e \u00e0 nouvea<span class=\"_ _5\"/>u de le juge<span class=\"_ _5\"/>ment de l<span class=\"_ _5\"/>a Cour d'appe<span class=\"_ _5\"/>l.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En oc<span class=\"_ _5\"/>tobr<span class=\"_ _5\"/>e 2020, Rad<span class=\"_ _5\"/>ial Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica a sub<span class=\"_ _5\"/>i une at<span class=\"_ _5\"/>taq<span class=\"_ _5\"/>ue logic<span class=\"_ _5\"/>ielle ave<span class=\"_ _5\"/>c deman<span class=\"_ _5\"/>de de ra<span class=\"_ _5\"/>n\u00e7on qui a e<span class=\"_ _5\"/>u des r\u00e9<span class=\"_ _5\"/>perc<span class=\"_ _5\"/>ussi<span class=\"_ _5\"/>ons sur un<span class=\"_ _5\"/>e par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s aux \u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Unis<span class=\"_ _5\"/>, not<span class=\"_ _5\"/>ammen<span class=\"_ _5\"/>t sur se<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces tec<span class=\"_ _5\"/>hnolog<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s et sur se<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ionn<span class=\"_ _5\"/>els e<span class=\"_ _5\"/>n aval. L<span class=\"_ _1\"/>'at<span class=\"_ _5\"/>taque e<span class=\"_ _5\"/>t le malwa<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n'<span class=\"_ _d\"/>on<span class=\"_ _5\"/>t pas pu e<span class=\"_ _5\"/>xf<span class=\"_ _5\"/>iltre<span class=\"_ _5\"/>r ou vole<span class=\"_ _5\"/>r de donn<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>t rien n'in<span class=\"_ _5\"/>dique qu'un cli<span class=\"_ _5\"/>ent ou de<span class=\"_ _5\"/>s donn<span class=\"_ _5\"/>\u00e9es p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lles aie<span class=\"_ _5\"/>nt fuit\u00e9 d<span class=\"_ _5\"/>es sy<span class=\"_ _5\"/>st\u00e8<span class=\"_ _5\"/>mes de R<span class=\"_ _5\"/>adial No<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>h</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>eric<span class=\"_ _5\"/>a. Dan<span class=\"_ _5\"/>s un d\u00e9lai r<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>nnable a<span class=\"_ _5\"/>pr\u00e8s l'at<span class=\"_ _5\"/>taqu<span class=\"_ _5\"/>e et avan<span class=\"_ _5\"/>t la p\u00e9r<span class=\"_ _5\"/>iode d<span class=\"_ _5\"/>e pic de f<span class=\"_ _5\"/>in d\u2019ann\u00e9<span class=\"_ _5\"/>e 2020, Rad<span class=\"_ _5\"/>ial Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica a pu r<span class=\"_ _5\"/>ecouv<span class=\"_ _5\"/>rer un<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fon<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>onnali<span class=\"_ _5\"/>t\u00e9 suff<span class=\"_ _5\"/>isant<span class=\"_ _5\"/>e dans se<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices te<span class=\"_ _5\"/>chnolo<span class=\"_ _5\"/>gique<span class=\"_ _5\"/>s pour re<span class=\"_ _5\"/>lance<span class=\"_ _5\"/>r ses a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s sur tous s<span class=\"_ _5\"/>es site<span class=\"_ _5\"/>s. Ra<span class=\"_ _5\"/>dial Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica ma<span class=\"_ _5\"/>intie<span class=\"_ _5\"/>nt deux</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nive<span class=\"_ _5\"/>aux de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture d<span class=\"_ _5\"/>e cyb<span class=\"_ _5\"/>era<span class=\"_ _5\"/>ssur<span class=\"_ _5\"/>ance pa<span class=\"_ _5\"/>r le biais de<span class=\"_ _5\"/>squ<span class=\"_ _5\"/>els l\u2019entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>se a r\u00e9<span class=\"_ _5\"/>cup\u00e9r<span class=\"_ _5\"/>\u00e9 le mont<span class=\"_ _5\"/>ant tota<span class=\"_ _5\"/>l dispo<span class=\"_ _5\"/>nible en ve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tu de sa p<span class=\"_ _5\"/>olice d'as-</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur<span class=\"_ _5\"/>ance pr<span class=\"_ _5\"/>imaire e<span class=\"_ _5\"/>t a re\u00e7u 10,<span class=\"_ _5\"/>0 mUSD en 2021 d<span class=\"_ _5\"/>es comp<span class=\"_ _5\"/>agnie<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ance, pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nt li\u00e9s au<span class=\"_ _5\"/>x inter<span class=\"_ _5\"/>rupt<span class=\"_ _5\"/>ions d'ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9 et au<span class=\"_ _5\"/>x mesur<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u2019apais<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t enver<span class=\"_ _5\"/>s les clie<span class=\"_ _5\"/>nts<span class=\"_ _5\"/>. Radi<span class=\"_ _5\"/>al Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica es<span class=\"_ _5\"/>t ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t en tra<span class=\"_ _5\"/>in de f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>er sa de<span class=\"_ _5\"/>mande d'i<span class=\"_ _5\"/>ndemn<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on aupr<span class=\"_ _5\"/>\u00e8s de so<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">as<span class=\"_ _5\"/>sureu<span class=\"_ _5\"/>r secon<span class=\"_ _5\"/>daire dan<span class=\"_ _5\"/>s le cad<span class=\"_ _5\"/>re de l'att<span class=\"_ _5\"/>aque pa<span class=\"_ _5\"/>r ran\u00e7o<span class=\"_ _5\"/>ngicie<span class=\"_ _5\"/>l.</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Par ail<span class=\"_ _5\"/>leurs<span class=\"_ _5\"/>, le 10 ao\u00fb<span class=\"_ _5\"/>t 2022, l<span class=\"_ _5\"/>a Pr\u00e9si<span class=\"_ _5\"/>dente du C<span class=\"_ _5\"/>onse<span class=\"_ _5\"/>il d'<span class=\"_ _1\"/>A<span class=\"_ _5\"/>dminis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t a dema<span class=\"_ _5\"/>nd\u00e9 \u00e0 la re<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>sable C<span class=\"_ _5\"/>omplia<span class=\"_ _5\"/>nce &amp; Data Pr<span class=\"_ _5\"/>otec<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, avec le s<span class=\"_ _5\"/>outi<span class=\"_ _5\"/>en du res<span class=\"_ _5\"/>pons<span class=\"_ _5\"/>able Co<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>rate Au<span class=\"_ _5\"/>dit de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, de pro<span class=\"_ _5\"/>c\u00e9de<span class=\"_ _5\"/>r \u00e0 un exam<span class=\"_ _5\"/>en de conf<span class=\"_ _5\"/>ormi<span class=\"_ _5\"/>t\u00e9 inter<span class=\"_ _5\"/>ne conce<span class=\"_ _5\"/>rnant le<span class=\"_ _5\"/>s appe<span class=\"_ _5\"/>ls</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'offre<span class=\"_ _5\"/>s publi<span class=\"_ _5\"/>cs de l'<span class=\"_ _5\"/>\u00c9<span class=\"_ _d\"/>t<span class=\"_ _5\"/>at belge a<span class=\"_ _5\"/>lors e<span class=\"_ _5\"/>n cours co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>nant la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n de jour<span class=\"_ _5\"/>naux e<span class=\"_ _5\"/>t de p\u00e9r<span class=\"_ _5\"/>iodi<span class=\"_ _5\"/>ques re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s en Be<span class=\"_ _5\"/>lgique</div>\n<div class=\"t m0 x10e h1c ye12 ff4 fs12 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">8</div>\n<div class=\"t m0 xaa h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'ex<span class=\"_ _5\"/>amen d<span class=\"_ _5\"/>e confor<span class=\"_ _5\"/>mit\u00e9 a d\u00e9b<span class=\"_ _5\"/>ut\u00e9 le 28 a<span class=\"_ _5\"/>o\u00fbt 202<span class=\"_ _5\"/>2, en s<span class=\"_ _5\"/>e concent<span class=\"_ _5\"/>rant s<span class=\"_ _5\"/>ur les pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>es de go<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>nance \u00e9n<span class=\"_ _5\"/>onc\u00e9s d<span class=\"_ _5\"/>ans le Co<span class=\"_ _5\"/>de de cond<span class=\"_ _5\"/>uite de</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>stg<span class=\"_ _5\"/>roup et l<span class=\"_ _5\"/>es dire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ives de co<span class=\"_ _5\"/>nfor<span class=\"_ _5\"/>mit\u00e9 sp\u00e9<span class=\"_ _5\"/>cif<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s li\u00e9e<span class=\"_ _5\"/>s \u00e0 ces app<span class=\"_ _5\"/>els d'off<span class=\"_ _5\"/>res et s'es<span class=\"_ _5\"/>t bas<span class=\"_ _5\"/>\u00e9, en ter<span class=\"_ _5\"/>mes d<span class=\"_ _5\"/>e cons<span class=\"_ _5\"/>tatat<span class=\"_ _5\"/>ions f<span class=\"_ _5\"/>act<span class=\"_ _5\"/>uelle<span class=\"_ _5\"/>s, (1) sur</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des q<span class=\"_ _5\"/>ues<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>t des e<span class=\"_ _5\"/>ntret<span class=\"_ _5\"/>iens ave<span class=\"_ _5\"/>c les p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>s les plus p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tin<span class=\"_ _5\"/>entes e<span class=\"_ _5\"/>t les plu<span class=\"_ _5\"/>s haut pla<span class=\"_ _5\"/>c\u00e9es t<span class=\"_ _5\"/>rava<span class=\"_ _5\"/>illant po<span class=\"_ _5\"/>ur bpos<span class=\"_ _5\"/>t ; et (2) sur d<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">doc<span class=\"_ _5\"/>ument<span class=\"_ _5\"/>s pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>inent<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>mand\u00e9<span class=\"_ _5\"/>s aux p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>s interr<span class=\"_ _5\"/>og\u00e9e<span class=\"_ _5\"/>s au cour<span class=\"_ _5\"/>s de leur<span class=\"_ _5\"/>s entr<span class=\"_ _5\"/>etie<span class=\"_ _5\"/>ns. Le<span class=\"_ _5\"/>s r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s pr\u00e9l<span class=\"_ _5\"/>iminaire<span class=\"_ _5\"/>s de l'exam<span class=\"_ _5\"/>en, dat<span class=\"_ _5\"/>ant du</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">27 se<span class=\"_ _5\"/>ptembr<span class=\"_ _5\"/>e 2022 n'ont pas r<span class=\"_ _5\"/>\u00e9v\u00e9l\u00e9 d'\u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s indi<span class=\"_ _5\"/>quant de<span class=\"_ _5\"/>s viola<span class=\"_ _5\"/>tions p<span class=\"_ _5\"/>otent<span class=\"_ _5\"/>ielles d<span class=\"_ _5\"/>es lois a<span class=\"_ _5\"/>pplic<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9b<span class=\"_ _5\"/>ut oc<span class=\"_ _5\"/>tobr<span class=\"_ _5\"/>e 2022, d<span class=\"_ _5\"/>e nouv<span class=\"_ _5\"/>eaux fa<span class=\"_ _5\"/>its s<span class=\"_ _5\"/>ont ap<span class=\"_ _5\"/>parus<span class=\"_ _5\"/>, qui n'avaien<span class=\"_ _5\"/>t pas \u00e9t\u00e9 di<span class=\"_ _5\"/>vulgu<span class=\"_ _5\"/>\u00e9s \u00e0 l'\u00e9quip<span class=\"_ _5\"/>e charg\u00e9<span class=\"_ _5\"/>e de l'exam<span class=\"_ _5\"/>en de con<span class=\"_ _5\"/>formi<span class=\"_ _5\"/>t\u00e9 lors d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la pha<span class=\"_ _5\"/>se init<span class=\"_ _5\"/>iale. Ce<span class=\"_ _5\"/>la a condui<span class=\"_ _5\"/>t la Pr\u00e9s<span class=\"_ _5\"/>idente du C<span class=\"_ _5\"/>onse<span class=\"_ _5\"/>il d'<span class=\"_ _d\"/>Adm<span class=\"_ _5\"/>inist<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on, le 7 oc<span class=\"_ _5\"/>tob<span class=\"_ _5\"/>re 2022<span class=\"_ _5\"/>, \u00e0 \u00e9ten<span class=\"_ _5\"/>dre l'exame<span class=\"_ _5\"/>n de confo<span class=\"_ _5\"/>rmit\u00e9 q<span class=\"_ _5\"/>u'<span class=\"_ _d\"/>elle av<span class=\"_ _5\"/>ait</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sol<span class=\"_ _5\"/>licit\u00e9 en a<span class=\"_ _5\"/>o\u00fbt et \u00e0 p<span class=\"_ _5\"/>roc\u00e9<span class=\"_ _5\"/>der \u00e0 un ex<span class=\"_ _5\"/>amen p<span class=\"_ _5\"/>lus \u00e9ten<span class=\"_ _5\"/>du et plu<span class=\"_ _5\"/>s intr<span class=\"_ _5\"/>usif. Une r<span class=\"_ _5\"/>eche<span class=\"_ _5\"/>rche fo<span class=\"_ _5\"/>rensi<span class=\"_ _5\"/>que avec l<span class=\"_ _5\"/>e sout<span class=\"_ _5\"/>ien d\u2019une s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 d'<span class=\"_ _d\"/>ana<span class=\"_ _5\"/>lyse</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">for<span class=\"_ _5\"/>ensiqu<span class=\"_ _5\"/>e ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>e a \u00e9t\u00e9 init<span class=\"_ _5\"/>i\u00e9e imm<span class=\"_ _5\"/>\u00e9diate<span class=\"_ _5\"/>ment ap<span class=\"_ _5\"/>r\u00e8s<span class=\"_ _5\"/>. Sur la ba<span class=\"_ _5\"/>se des p<span class=\"_ _5\"/>remie<span class=\"_ _5\"/>rs r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>a rech<span class=\"_ _5\"/>erche f<span class=\"_ _5\"/>orens<span class=\"_ _5\"/>ique, d<span class=\"_ _5\"/>e nouvea<span class=\"_ _5\"/>ux ent<span class=\"_ _5\"/>retie<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ont e<span class=\"_ _5\"/>u lieu et l<span class=\"_ _5\"/>a por<span class=\"_ _5\"/>t\u00e9e d<span class=\"_ _5\"/>e la rec<span class=\"_ _5\"/>herch<span class=\"_ _5\"/>e fore<span class=\"_ _5\"/>nsique a \u00e9<span class=\"_ _5\"/>t\u00e9 \u00e9ten<span class=\"_ _5\"/>due \u00e0 d'autr<span class=\"_ _5\"/>es emp<span class=\"_ _5\"/>loy\u00e9s<span class=\"_ _5\"/>, avec un acce<span class=\"_ _5\"/>nt par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ulier su<span class=\"_ _5\"/>r tout \u00e9c<span class=\"_ _5\"/>hange d'info<span class=\"_ _5\"/>rma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns ill\u00e9g<span class=\"_ _5\"/>al ou pr<span class=\"_ _5\"/>atique<span class=\"_ _5\"/>s conce<span class=\"_ _5\"/>rt\u00e9<span class=\"_ _5\"/>es ill\u00e9<span class=\"_ _5\"/>gale<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le Co<span class=\"_ _5\"/>nseil d'Admin<span class=\"_ _5\"/>istr<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n a \u00e9t\u00e9 info<span class=\"_ _5\"/>rm\u00e9 de<span class=\"_ _5\"/>s r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s de l'exam<span class=\"_ _5\"/>en \u00e9te<span class=\"_ _5\"/>ndu, r\u00e9<span class=\"_ _5\"/>v\u00e9lant d<span class=\"_ _5\"/>es \u00e9l\u00e9m<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s pou<span class=\"_ _5\"/>vant in<span class=\"_ _5\"/>diquer d<span class=\"_ _5\"/>es vio<span class=\"_ _5\"/>latio<span class=\"_ _5\"/>ns des co<span class=\"_ _5\"/>des</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et de<span class=\"_ _5\"/>s poli<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s de la So<span class=\"_ _5\"/>ci\u00e9t\u00e9 e<span class=\"_ _5\"/>t des lo<span class=\"_ _5\"/>is appl<span class=\"_ _5\"/>icabl<span class=\"_ _5\"/>es. Le 24 o<span class=\"_ _5\"/>cto<span class=\"_ _5\"/>bre 202<span class=\"_ _5\"/>2, le Con<span class=\"_ _5\"/>seil d'Admini<span class=\"_ _5\"/>str<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n et le CEO ont mu<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>nvenu qu<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">le CE<span class=\"_ _1\"/>O se retirerait t<span class=\"_ _d\"/>emporairement du<span class=\"_ _d\"/>rant l'<span class=\"_ _1\"/>examen.</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au cou<span class=\"_ _5\"/>rs de so<span class=\"_ _5\"/>n d\u00e9ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt,  l'exam<span class=\"_ _5\"/>en de con<span class=\"_ _5\"/>formi<span class=\"_ _5\"/>t\u00e9 a r\u00e9v\u00e9l<span class=\"_ _5\"/>\u00e9 des ca<span class=\"_ _5\"/>s de non \u2013 co<span class=\"_ _5\"/>nform<span class=\"_ _5\"/>it\u00e9 aux co<span class=\"_ _5\"/>des e<span class=\"_ _5\"/>t polit<span class=\"_ _5\"/>iques d<span class=\"_ _5\"/>e la So<span class=\"_ _5\"/>ci\u00e9t\u00e9 ain<span class=\"_ _5\"/>si que de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">indi<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>ns de man<span class=\"_ _5\"/>quem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s aux lois a<span class=\"_ _5\"/>pplic<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s. L<span class=\"_ _3b\"/>'ex<span class=\"_ _5\"/>amen a \u00e9<span class=\"_ _5\"/>galem<span class=\"_ _5\"/>ent \u00e9t\u00e9 \u00e9<span class=\"_ _5\"/>tendu \u00e0 l<span class=\"_ _5\"/>a conces<span class=\"_ _5\"/>sion a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>elle po<span class=\"_ _5\"/>ur la dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>e jour<span class=\"_ _5\"/>naux</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et de p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>odiqu<span class=\"_ _5\"/>es en B<span class=\"_ _5\"/>elgiqu<span class=\"_ _5\"/>e, \u00e0 prop<span class=\"_ _5\"/>os de la<span class=\"_ _5\"/>quelle il a r<span class=\"_ _5\"/>\u00e9v\u00e9l\u00e9 d<span class=\"_ _5\"/>es \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s pou<span class=\"_ _5\"/>vant in<span class=\"_ _5\"/>diquer d<span class=\"_ _5\"/>es man<span class=\"_ _5\"/>queme<span class=\"_ _5\"/>nts p<span class=\"_ _5\"/>otent<span class=\"_ _5\"/>iels a<span class=\"_ _5\"/>ux lois a<span class=\"_ _5\"/>ppli-</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">cables \u00e9gal<span class=\"_ _d\"/>ement.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 9 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022<span class=\"_ _5\"/>, le Cons<span class=\"_ _5\"/>eil d'<span class=\"_ _d\"/>Ad<span class=\"_ _5\"/>minis<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>ion et le CEO o<span class=\"_ _5\"/>nt d\u00e9ci<span class=\"_ _5\"/>d\u00e9 de me<span class=\"_ _5\"/>ttr<span class=\"_ _5\"/>e mutue<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt fin \u00e0 l<span class=\"_ _5\"/>eur colla<span class=\"_ _5\"/>bora<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. Dans ce conte<span class=\"_ _5\"/>xte<span class=\"_ _5\"/>, la</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">colla<span class=\"_ _5\"/>bora<span class=\"_ _5\"/>tion ave<span class=\"_ _5\"/>c deux a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>es au s<span class=\"_ _5\"/>ein de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>group a \u00e9<span class=\"_ _5\"/>galem<span class=\"_ _5\"/>ent pr<span class=\"_ _5\"/>is fin<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h10 y64 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">7 <span class=\"_ _48\"> </span><span class=\"ff8 ws36\" style=\"word-spacing: -7px;\">La CJ<span class=\"_ _5\"/>UE trans<span class=\"_ _5\"/>met sa d\u00e9c<span class=\"_ _5\"/>ision \u00e0 la jur<span class=\"_ _5\"/>idic<span class=\"_ _5\"/>tion de r<span class=\"_ _5\"/>envoi, aui e<span class=\"_ _5\"/>st alor<span class=\"_ _5\"/>s tenue d'e<span class=\"_ _5\"/>x\u00e9cuter l'ar<span class=\"_ _5\"/>r\u00eat.</span></div>\n<div class=\"t m0 x5 h10 y65 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">8 <span class=\"_ _48\"> </span><span class=\"ff8 ws36\" style=\"word-spacing: -7px;\">L<span class=\"_ _1\"/>'\u00c9tat belg<span class=\"_ _5\"/>e a organis<span class=\"_ _5\"/>\u00e9 une proc\u00e9<span class=\"_ _5\"/>dure d'app<span class=\"_ _5\"/>el d'offre<span class=\"_ _5\"/>s concernant l<span class=\"_ _5\"/>a distr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on des jou<span class=\"_ _5\"/>rnaux et p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>diques re<span class=\"_ _5\"/>connus en B<span class=\"_ _5\"/>elgique<span class=\"_ _5\"/>, au terme </span></div>\n<div class=\"t m0 x13 h10 y66 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -7.5px; z-index: 15;\">de laqu<span class=\"_ _5\"/>elle les con<span class=\"_ _5\"/>cessio<span class=\"_ _5\"/>ns de ser<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s ont \u00e9t\u00e9 at<span class=\"_ _5\"/>tribu<span class=\"_ _5\"/>\u00e9es \u00e0 bpo<span class=\"_ _5\"/>st le 16 octo<span class=\"_ _5\"/>bre 2015, en v<span class=\"_ _5\"/>ert<span class=\"_ _5\"/>u de quoi bp<span class=\"_ _5\"/>ost a \u00e9t\u00e9 ap<span class=\"_ _5\"/>pel\u00e9e \u00e0 f<span class=\"_ _5\"/>ournir ces s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vices</div>\n<div class=\"t m0 x13 h10 yed ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -7px; z-index: 15;\">du 1er janvi<span class=\"_ _5\"/>er 201<span class=\"_ _d\"/>6 au 31 d\u00e9<span class=\"_ _5\"/>cembre 2020<span class=\"_ _5\"/>. En d\u00e9cembr<span class=\"_ _5\"/>e 2019, le gouve<span class=\"_ _5\"/>rneme<span class=\"_ _5\"/>nt belge a d\u00e9<span class=\"_ _5\"/>cid\u00e9 de p<span class=\"_ _5\"/>rolonge<span class=\"_ _5\"/>r les conces<span class=\"_ _5\"/>sions d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>vices jus<span class=\"_ _5\"/>qu'<span class=\"_ _d\"/>au</div>\n<div class=\"t m0 x13 h10 y67 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -7px; z-index: 15;\">31 d\u00e9cem<span class=\"_ _5\"/>bre 2022. Le 2 s<span class=\"_ _5\"/>eptembr<span class=\"_ _5\"/>e 2021, la Commis<span class=\"_ _5\"/>sion e<span class=\"_ _5\"/>urop\u00e9e<span class=\"_ _5\"/>nne a d\u00e9c<span class=\"_ _5\"/>id\u00e9 de ne pa<span class=\"_ _5\"/>s souleve<span class=\"_ _5\"/>r d'objec<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s \u00e0 la compens<span class=\"_ _5\"/>ation a<span class=\"_ _5\"/>cc<span class=\"_ _d\"/>ord<span class=\"_ _5\"/>\u00e9e \u00e0</div>\n<div class=\"t m0 x13 h10 y68 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -7px; z-index: 15;\">bpo<span class=\"_ _5\"/>st relat<span class=\"_ _5\"/>ive \u00e0 cett<span class=\"_ _5\"/>e prolong<span class=\"_ _5\"/>ation de<span class=\"_ _5\"/>s conces<span class=\"_ _5\"/>sions de s<span class=\"_ _5\"/>erv<span class=\"_ _5\"/>ices, au m<span class=\"_ _5\"/>otif qu'elle e<span class=\"_ _5\"/>st compat<span class=\"_ _5\"/>ible ave<span class=\"_ _5\"/>c le march<span class=\"_ _5\"/>\u00e9 int\u00e9rie<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x13 h10 y69 ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -7px; z-index: 15;\">En novem<span class=\"_ _5\"/>bre 2022, l<span class=\"_ _5\"/>e gouver<span class=\"_ _5\"/>nement b<span class=\"_ _5\"/>elge a d\u00e9<span class=\"_ _5\"/>cid\u00e9 de pro<span class=\"_ _5\"/>longer le<span class=\"_ _5\"/>s conces<span class=\"_ _5\"/>sions de se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices jusqu'au 31 d\u00e9<span class=\"_ _5\"/>cembre 202<span class=\"_ _5\"/>3, aux con<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x13 h10 y6a ff8 fs3 fc2 sc0 ls0 ws35\" style=\"word-spacing: -7px; z-index: 15;\">appl<span class=\"_ _5\"/>icables p<span class=\"_ _5\"/>our 2022, com<span class=\"_ _5\"/>me sp\u00e9c<span class=\"_ _5\"/>ifi\u00e9 dans l<span class=\"_ _5\"/>es conces<span class=\"_ _5\"/>sions ac<span class=\"_ _5\"/>tuell<span class=\"_ _5\"/>es. Le pro<span class=\"_ _5\"/>cessu<span class=\"_ _5\"/>s de soumis<span class=\"_ _5\"/>sion d<span class=\"_ _5\"/>e la prolon<span class=\"_ _5\"/>gation \u00e0 l<span class=\"_ _5\"/>a Commiss<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x13 h10 y6b ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -7px; z-index: 15;\">europ<span class=\"_ _5\"/>\u00e9enn<span class=\"_ _5\"/>e pour app<span class=\"_ _5\"/>robat<span class=\"_ _5\"/>ion en ver<span class=\"_ _5\"/>tu de<span class=\"_ _5\"/>s r\u00e8gles re<span class=\"_ _5\"/>lative<span class=\"_ _5\"/>s aux aide<span class=\"_ _5\"/>s d'\u00c9tat a d\u00e9but\u00e9<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x13 h10 yb8 ff8 fs3 fc2 sc0 ls0 ws35\" style=\"word-spacing: -7.5px; z-index: 15;\">Le 23 f\u00e9<span class=\"_ _5\"/>vrier 2<span class=\"_ _5\"/>023, l'<span class=\"_ _5\"/>E<span class=\"_ _d\"/>tat be<span class=\"_ _5\"/>lge a publi<span class=\"_ _5\"/>\u00e9 le nouve<span class=\"_ _5\"/>l appel d'o<span class=\"_ _5\"/>ffres po<span class=\"_ _5\"/>ur les conces<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>s de pres<span class=\"_ _5\"/>se. Sis<span class=\"_ _5\"/>i la conces<span class=\"_ _5\"/>sion n'est pa<span class=\"_ _5\"/>s attr<span class=\"_ _5\"/>ibu\u00e9e \u00e0 b<span class=\"_ _5\"/>post<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x13 h10 y25a ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -7px; z-index: 15;\">l'avena<span class=\"_ _5\"/>nt prolong<span class=\"_ _5\"/>eant la conve<span class=\"_ _5\"/>ntion de con<span class=\"_ _5\"/>cessi<span class=\"_ _5\"/>on actu<span class=\"_ _5\"/>elle pr\u00e9vo<span class=\"_ _5\"/>it une pro<span class=\"_ _5\"/>longat<span class=\"_ _5\"/>ion de six m<span class=\"_ _5\"/>ois, j<span class=\"_ _5\"/>usqu'au 30 juin 2<span class=\"_ _5\"/>02<span class=\"_ _d\"/>4<span class=\"_ _5\"/>, pour as<span class=\"_ _5\"/>surer la</div>\n<div class=\"t m0 x13 h9 y8ad ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tran<span class=\"_ _5\"/>sition e<span class=\"_ _5\"/>ntre les p<span class=\"_ _5\"/>restatair<span class=\"_ _5\"/>es de ser<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 27px; height: 950px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 27px; height: 1055px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h8 y51c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ut au long d<span class=\"_ _5\"/>u proce<span class=\"_ _5\"/>ssu<span class=\"_ _5\"/>s, bp<span class=\"_ _5\"/>ost a \u00e9t<span class=\"_ _5\"/>\u00e9 assi<span class=\"_ _5\"/>st\u00e9e p<span class=\"_ _5\"/>ar des co<span class=\"_ _5\"/>nseil<span class=\"_ _5\"/>lers ju<span class=\"_ _5\"/>ridiq<span class=\"_ _5\"/>ues ex<span class=\"_ _5\"/>ter<span class=\"_ _5\"/>nes e<span class=\"_ _5\"/>t a coop<span class=\"_ _5\"/>\u00e9r\u00e9 ac<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>ment ave<span class=\"_ _5\"/>c les au<span class=\"_ _5\"/>torit<span class=\"_ _5\"/>\u00e9s comp<span class=\"_ _5\"/>\u00e9-</div>\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tente<span class=\"_ _5\"/>s afi<span class=\"_ _5\"/>n de pr\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ver s<span class=\"_ _5\"/>es int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>prend q<span class=\"_ _5\"/>ue l'<span class=\"_ _d\"/>Auto<span class=\"_ _5\"/>rit\u00e9 b<span class=\"_ _5\"/>elge de la C<span class=\"_ _5\"/>oncur<span class=\"_ _5\"/>rence (<span class=\"_ _5\"/>ABC) a e<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>temps ou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>t une e<span class=\"_ _5\"/>nqu\u00ea<span class=\"_ _5\"/>te et a effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>u\u00e9 des in<span class=\"_ _5\"/>spe<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons dans l<span class=\"_ _5\"/>es loc<span class=\"_ _5\"/>aux</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'une en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ive dans le s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>teur de l<span class=\"_ _5\"/>a dist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ion de la p<span class=\"_ _5\"/>res<span class=\"_ _5\"/>se et d'un \u00e9<span class=\"_ _5\"/>diteur d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>se, q<span class=\"_ _5\"/>ui sont in<span class=\"_ _5\"/>d\u00e9p<span class=\"_ _5\"/>endant<span class=\"_ _5\"/>s de b<span class=\"_ _5\"/>post<span class=\"_ _5\"/>group<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>rend \u00e9g<span class=\"_ _5\"/>alem<span class=\"_ _5\"/>ent que le G<span class=\"_ _5\"/>ouve<span class=\"_ _5\"/>rnem<span class=\"_ _5\"/>ent be<span class=\"_ _5\"/>lge a anno<span class=\"_ _5\"/>nc\u00e9 qu'il pro<span class=\"_ _5\"/>c\u00e9de<span class=\"_ _5\"/>rait \u00e0 un a<span class=\"_ _5\"/>udit de la co<span class=\"_ _5\"/>nces<span class=\"_ _5\"/>sion d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>se po<span class=\"_ _5\"/>ur d\u00e9te<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>r toute</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">surcom<span class=\"_ _d\"/>pensation \u00e9ventu<span class=\"_ _d\"/>elle.</div>\n<div class=\"t m0 x5 hb y86 ff5 fs6 fc3 sc0 lsa0 wsb3\" style=\"z-index: 15;\">Impact potentiel</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Sur la b<span class=\"_ _5\"/>ase de<span class=\"_ _5\"/>s infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>ns ac<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>s \u00e0 sa dis<span class=\"_ _5\"/>posit<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>es dis<span class=\"_ _5\"/>cuss<span class=\"_ _5\"/>ions ave<span class=\"_ _5\"/>c ses co<span class=\"_ _5\"/>nseil<span class=\"_ _5\"/>lers ju<span class=\"_ _5\"/>ridiqu<span class=\"_ _5\"/>es, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>time l'imp<span class=\"_ _5\"/>act p<span class=\"_ _5\"/>otenti<span class=\"_ _5\"/>el de</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'exam<span class=\"_ _5\"/>en de conf<span class=\"_ _5\"/>ormit<span class=\"_ _5\"/>\u00e9 comme sui<span class=\"_ _5\"/>t :</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(i) <span class=\"_ _96\"> </span> <span class=\"_ _8\"/>bp<span class=\"_ _5\"/>ost a ple<span class=\"_ _5\"/>inem<span class=\"_ _5\"/>ent coo<span class=\"_ _5\"/>p\u00e9r\u00e9 ave<span class=\"_ _5\"/>c l'enqu\u00ea<span class=\"_ _5\"/>te en cour<span class=\"_ _5\"/>s de l'<span class=\"_ _d\"/>Auto<span class=\"_ _5\"/>rit\u00e9 b<span class=\"_ _5\"/>elge de la C<span class=\"_ _5\"/>oncur<span class=\"_ _5\"/>rence<span class=\"_ _5\"/>, mais le r<span class=\"_ _5\"/>isque d'i<span class=\"_ _5\"/>mposi<span class=\"_ _5\"/>tion d'une</div>\n<div class=\"t m0 xf3 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ame<span class=\"_ _5\"/>nde d\u00e9<span class=\"_ _5\"/>pend<span class=\"_ _5\"/>ra des co<span class=\"_ _5\"/>nclus<span class=\"_ _5\"/>ions de l'Autor<span class=\"_ _5\"/>it\u00e9 be<span class=\"_ _5\"/>lge de la Co<span class=\"_ _5\"/>ncurr<span class=\"_ _5\"/>ence. S<span class=\"_ _5\"/>ous r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e nouve<span class=\"_ _5\"/>lles d\u00e9<span class=\"_ _5\"/>couve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de l\u2019Autor<span class=\"_ _5\"/>it\u00e9 be<span class=\"_ _5\"/>lge</div>\n<div class=\"t m0 xf3 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la Co<span class=\"_ _5\"/>ncur<span class=\"_ _5\"/>rence, ce r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ue es<span class=\"_ _5\"/>t act<span class=\"_ _5\"/>uellem<span class=\"_ _5\"/>ent \u00e9v<span class=\"_ _5\"/>alu\u00e9 comm<span class=\"_ _5\"/>e pos<span class=\"_ _5\"/>sible ma<span class=\"_ _5\"/>is non pr<span class=\"_ _5\"/>obable<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">(ii<span class=\"_ _d\"/>) <span class=\"_ _e7\"> </span> <span class=\"_ _3c\"/>Le Gouvernement belge<span class=\"_ _d\"/> a annonc<span class=\"_ _d\"/>\u00e9 son int<span class=\"_ _d\"/>ention de<span class=\"_ _d\"/> mener un a<span class=\"_ _d\"/>udit gouv<span class=\"_ _d\"/>ernemental sur l<span class=\"_ _d\"/>a r\u00e9mun\u00e9ration<span class=\"_ _d\"/> de l'<span class=\"_ _1\"/>ac<span class=\"_ _5\"/>tuell<span class=\"_ _d\"/>e conc<span class=\"_ _d\"/>es<span class=\"_ _5\"/>si<span class=\"_ _d\"/>on</div>\n<div class=\"t m0 xf3 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de pr<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>e (201<span class=\"_ _d\"/>6<span class=\"_ _5\"/>-2020), qui es<span class=\"_ _5\"/>t prolo<span class=\"_ _5\"/>ng\u00e9e jus<span class=\"_ _5\"/>qu'\u00e0 fin 2<span class=\"_ _5\"/>023 (ou mi<span class=\"_ _5\"/>-<span class=\"_ _d\"/>2024 s<span class=\"_ _5\"/>i un nouve<span class=\"_ _5\"/>l appe<span class=\"_ _5\"/>l d'offres e<span class=\"_ _5\"/>st la<span class=\"_ _5\"/>nc\u00e9 et at<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibu\u00e9 \u00e0 un<span class=\"_ _5\"/>e autre</div>\n<div class=\"t m0 xf3 h10 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e que bp<span class=\"_ _5\"/>ost). Bi<span class=\"_ _5\"/>en que le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>s \u00e0 ce ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice aien<span class=\"_ _5\"/>t \u00e9t\u00e9 exa<span class=\"_ _5\"/>min\u00e9s e<span class=\"_ _5\"/>t analy<span class=\"_ _5\"/>s\u00e9s <span class=\"ff8 ls54 ws10e\">e<span class=\"_ _5\"/>x-ante</span> da<span class=\"_ _5\"/>ns le cad<span class=\"_ _5\"/>re de l'exam<span class=\"_ _5\"/>en des</div>\n<div class=\"t m0 xf3 h10 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aide<span class=\"_ _5\"/>s d'\u00c9tat pa<span class=\"_ _5\"/>r la Commi<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>n europ<span class=\"_ _5\"/>\u00e9en<span class=\"_ _5\"/>ne et <span class=\"ff8 ls35 ws67\">ex-post</span> par le Co<span class=\"_ _5\"/>ll\u00e8ge de<span class=\"_ _5\"/>s Commi<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>ires dan<span class=\"_ _5\"/>s le cadr<span class=\"_ _5\"/>e de l'approb<span class=\"_ _5\"/>ation a<span class=\"_ _5\"/>nnuell<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 xf3 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des co<span class=\"_ _5\"/>mptes<span class=\"_ _5\"/>, bpo<span class=\"_ _5\"/>st n'est a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent pas e<span class=\"_ _5\"/>n mesur<span class=\"_ _5\"/>e d'<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>aluer le<span class=\"_ _5\"/>s ris<span class=\"_ _5\"/>ques a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9s \u00e0 c<span class=\"_ _5\"/>et audit e<span class=\"_ _5\"/>t \u00e0 ses r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s potent<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s, \u00e9t<span class=\"_ _5\"/>ant</div>\n<div class=\"t m0 xf3 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">don<span class=\"_ _5\"/>n\u00e9 qu\u2019au mome<span class=\"_ _5\"/>nt de la r\u00e9<span class=\"_ _5\"/>dac<span class=\"_ _5\"/>tion du p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t bp<span class=\"_ _5\"/>ost n\u2019a encor<span class=\"_ _5\"/>e re\u00e7u au<span class=\"_ _5\"/>cune info<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>ion sur l\u2019\u00e9ten<span class=\"_ _5\"/>due de l\u2019audi<span class=\"_ _5\"/>t. T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ute</div>\n<div class=\"t m0 xf3 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cons<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e surcom<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>ation p<span class=\"_ _5\"/>ourr<span class=\"_ _5\"/>ait no<span class=\"_ _5\"/>tamme<span class=\"_ _5\"/>nt condu<span class=\"_ _5\"/>ire \u00e0 une de<span class=\"_ _5\"/>mande d<span class=\"_ _5\"/>e remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t d'une par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e des re<span class=\"_ _5\"/>venus</div>\n<div class=\"t m0 xf3 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>r\u00e7us po<span class=\"_ _5\"/>ur le ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice.</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(iii) <span class=\"_ _69\"> </span> <span class=\"_ _8\"/>Con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>ant le<span class=\"_ _5\"/>s mesur<span class=\"_ _5\"/>es cor<span class=\"_ _5\"/>rec<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>ces pr<span class=\"_ _5\"/>ises p<span class=\"_ _5\"/>ar la So<span class=\"_ _5\"/>ci\u00e9t\u00e9 (\u00e0 savo<span class=\"_ _5\"/>ir la coop<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion de la S<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 avec le<span class=\"_ _5\"/>s autor<span class=\"_ _5\"/>it\u00e9s co<span class=\"_ _5\"/>mp\u00e9te<span class=\"_ _5\"/>ntes ;</div>\n<div class=\"t m0 xf3 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la r<span class=\"_ _5\"/>upture de t<span class=\"_ _5\"/>ous les l<span class=\"_ _5\"/>iens ave<span class=\"_ _5\"/>c les pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnes im<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>es ; le re<span class=\"_ _5\"/>nforce<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>e la poli<span class=\"_ _5\"/>tique d<span class=\"_ _5\"/>e complian<span class=\"_ _5\"/>ce de la So<span class=\"_ _5\"/>ci\u00e9t\u00e9 e<span class=\"_ _5\"/>n mati\u00e8<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 xf3 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u2019offre<span class=\"_ _5\"/>s et de la fo<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>ion du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel ; l'int<span class=\"_ _5\"/>entio<span class=\"_ _5\"/>n de la So<span class=\"_ _5\"/>ci\u00e9t\u00e9 d<span class=\"_ _5\"/>e compe<span class=\"_ _5\"/>nser to<span class=\"_ _5\"/>ut domm<span class=\"_ _5\"/>age caus<span class=\"_ _5\"/>\u00e9 ; et la mi<span class=\"_ _5\"/>se en \u0153<span class=\"_ _5\"/>uvre d'un</div>\n<div class=\"t m0 xf3 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nou<span class=\"_ _5\"/>veau pro<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>sus d'appr<span class=\"_ _5\"/>obatio<span class=\"_ _5\"/>n des ap<span class=\"_ _5\"/>pel<span class=\"_ _5\"/>s d'offres e<span class=\"_ _5\"/>t d'une nou<span class=\"_ _5\"/>velle p<span class=\"_ _5\"/>oliti<span class=\"_ _5\"/>que des a<span class=\"_ _5\"/>ppel<span class=\"_ _5\"/>s d'offre<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>, il es<span class=\"_ _5\"/>t prob<span class=\"_ _5\"/>able que l<span class=\"_ _5\"/>es auto<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 xf3 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rit<span class=\"_ _5\"/>\u00e9s cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tante<span class=\"_ _5\"/>s consi<span class=\"_ _5\"/>d\u00e8ren<span class=\"_ _5\"/>t que bpo<span class=\"_ _5\"/>st a d\u00e9<span class=\"_ _5\"/>montr<span class=\"_ _5\"/>\u00e9 sa f<span class=\"_ _5\"/>iabilit\u00e9 e<span class=\"_ _5\"/>t qu'elles au<span class=\"_ _5\"/>toris<span class=\"_ _5\"/>eron<span class=\"_ _5\"/>t donc bp<span class=\"_ _5\"/>ost \u00e0 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ticip<span class=\"_ _5\"/>er aux p<span class=\"_ _5\"/>roc\u00e9<span class=\"_ _5\"/>dures</div>\n<div class=\"t m0 xf3 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u2019appe<span class=\"_ _5\"/>ls d'offre<span class=\"_ _5\"/>s en cour<span class=\"_ _5\"/>s et fu<span class=\"_ _5\"/>turs .</div>\n<div class=\"t m0 xf3 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _8\"/>En out<span class=\"_ _5\"/>re, confo<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>ment au<span class=\"_ _5\"/>x prat<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s ant\u00e9r<span class=\"_ _5\"/>ieure<span class=\"_ _5\"/>s pour d<span class=\"_ _5\"/>es que<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>ons simil<span class=\"_ _5\"/>aires<span class=\"_ _5\"/>, bpo<span class=\"_ _5\"/>st cons<span class=\"_ _5\"/>id\u00e8re q<span class=\"_ _5\"/>ue la pos<span class=\"_ _5\"/>sibil<span class=\"_ _5\"/>it\u00e9 que le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 xf3 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">auto<span class=\"_ _5\"/>rit\u00e9<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>act<span class=\"_ _5\"/>antes r<span class=\"_ _5\"/>evie<span class=\"_ _5\"/>nnent s<span class=\"_ _5\"/>ur des d\u00e9<span class=\"_ _5\"/>cisio<span class=\"_ _5\"/>ns d'att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion ant<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>ures e<span class=\"_ _5\"/>t r\u00e9sili<span class=\"_ _5\"/>ent les co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts ou co<span class=\"_ _5\"/>nces<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>s en cour<span class=\"_ _5\"/>s en</div>\n<div class=\"t m0 xf3 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>son de<span class=\"_ _5\"/>s r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s de l'exam<span class=\"_ _5\"/>en de conf<span class=\"_ _5\"/>ormit<span class=\"_ _5\"/>\u00e9 est f<span class=\"_ _5\"/>aible, s<span class=\"_ _5\"/>ans pr<span class=\"_ _5\"/>\u00e9judice d<span class=\"_ _5\"/>es dem<span class=\"_ _5\"/>ande<span class=\"_ _5\"/>s potent<span class=\"_ _5\"/>ielle<span class=\"_ _5\"/>s de rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>seme<span class=\"_ _5\"/>nt de</div>\n<div class=\"t m0 xf3 h8 y10 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">surcom<span class=\"_ _d\"/>pensation r\u00e9sultan<span class=\"_ _d\"/>t de l<span class=\"_ _d\"/>'aud<span class=\"_ _d\"/>it gouvernemental.</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(iv) <span class=\"_ _69\"> </span>b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a \u00e9gale<span class=\"_ _5\"/>ment p<span class=\"_ _5\"/>ris de<span class=\"_ _5\"/>s mesu<span class=\"_ _5\"/>res de co<span class=\"_ _5\"/>op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n avec le min<span class=\"_ _5\"/>ist\u00e8<span class=\"_ _5\"/>re publi<span class=\"_ _5\"/>c afin d<span class=\"_ _5\"/>e r\u00e9duir<span class=\"_ _5\"/>e tout r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e pour<span class=\"_ _5\"/>suite<span class=\"_ _5\"/>s p\u00e9nale<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Comp<span class=\"_ _5\"/>te tenu de l'in<span class=\"_ _5\"/>cer<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>ude li\u00e9<span class=\"_ _5\"/>e aux en<span class=\"_ _5\"/>qu\u00eate<span class=\"_ _5\"/>s susm<span class=\"_ _5\"/>entio<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s, bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>me que l'exp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on \u00e0 des s<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>st po<span class=\"_ _5\"/>ssib<span class=\"_ _5\"/>le mais</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">non p<span class=\"_ _5\"/>robab<span class=\"_ _5\"/>le \u00e0 ce st<span class=\"_ _5\"/>ade. bp<span class=\"_ _5\"/>ost n\u2019es<span class=\"_ _5\"/>t cepen<span class=\"_ _5\"/>dant pas e<span class=\"_ _5\"/>n mes<span class=\"_ _5\"/>ure de fou<span class=\"_ _5\"/>rnir une e<span class=\"_ _5\"/>st<span class=\"_ _5\"/>imatio<span class=\"_ _5\"/>n \u00e0 ce sta<span class=\"_ _5\"/>de.</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Etant d<span class=\"_ _5\"/>onn\u00e9 qu<span class=\"_ _5\"/>e la conce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>n de pre<span class=\"_ _5\"/>sse a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>elle (2016 \u2013 2020) es<span class=\"_ _5\"/>t prol<span class=\"_ _5\"/>ong\u00e9e ju<span class=\"_ _5\"/>squ'\u00e0 f<span class=\"_ _5\"/>in 2023 (ou m<span class=\"_ _5\"/>i \u2013 2024 si un no<span class=\"_ _5\"/>uvel ap<span class=\"_ _5\"/>pel d'offr<span class=\"_ _5\"/>es es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lanc<span class=\"_ _5\"/>\u00e9 et at<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>u\u00e9 \u00e0 une au<span class=\"_ _5\"/>tre par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e que bp<span class=\"_ _5\"/>ost), il n'y a pas d'i<span class=\"_ _5\"/>mpac<span class=\"_ _5\"/>t op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>nnel o<span class=\"_ _5\"/>u fina<span class=\"_ _5\"/>ncier s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if att<span class=\"_ _5\"/>endu en 2<span class=\"_ _5\"/>023 pa<span class=\"_ _5\"/>r rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t \u00e0 202<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(autre q<span class=\"_ _5\"/>u\u2019indiqu<span class=\"_ _5\"/>\u00e9 ci \u2013 des<span class=\"_ _5\"/>sus).</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 2<span class=\"_ _5\"/>3 f\u00e9vr<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>3, l\u2019<span class=\"_ _5\"/>Etat be<span class=\"_ _5\"/>lge a publ<span class=\"_ _5\"/>i\u00e9 le nou<span class=\"_ _5\"/>vel app<span class=\"_ _5\"/>el d'offre<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s conce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns de pre<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>e. L<span class=\"_ _3b\"/>\u2019<span class=\"_ _5\"/>E<span class=\"_ _d\"/>t<span class=\"_ _5\"/>at a r\u00e9dui<span class=\"_ _5\"/>t le budge<span class=\"_ _5\"/>t att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>\u00e9 aux con<span class=\"_ _5\"/>ces-</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sion<span class=\"_ _5\"/>s de pre<span class=\"_ _5\"/>sse e<span class=\"_ _5\"/>t a adapt<span class=\"_ _5\"/>\u00e9 les sp<span class=\"_ _5\"/>\u00e9cif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>app<span class=\"_ _5\"/>el d'offre<span class=\"_ _5\"/>s en fon<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de ce bu<span class=\"_ _5\"/>dget r\u00e9<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t \u00e9val<span class=\"_ _5\"/>uera l'app<span class=\"_ _5\"/>el d'offre<span class=\"_ _5\"/>s et se<span class=\"_ _5\"/>s exi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gen<span class=\"_ _5\"/>ces af<span class=\"_ _5\"/>in de d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>er si une o<span class=\"_ _5\"/>ffre f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>i\u00e8rem<span class=\"_ _5\"/>ent so<span class=\"_ _5\"/>lide pe<span class=\"_ _5\"/>ut \u00eatr<span class=\"_ _5\"/>e soumi<span class=\"_ _5\"/>se. T<span class=\"_ _d\"/>oute o<span class=\"_ _5\"/>ffre de ce t<span class=\"_ _5\"/>yp<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>a soum<span class=\"_ _5\"/>ise \u00e0 la pr<span class=\"_ _5\"/>oc\u00e9du<span class=\"_ _5\"/>re d'appro<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bati<span class=\"_ _5\"/>on habi<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>time \u00ea<span class=\"_ _5\"/>tre bie<span class=\"_ _5\"/>n plac\u00e9<span class=\"_ _5\"/>e pour re<span class=\"_ _5\"/>mpor<span class=\"_ _5\"/>te<span class=\"_ _5\"/>r un tel app<span class=\"_ _5\"/>el d'offre<span class=\"_ _5\"/>s, au<span class=\"_ _5\"/>quel c<span class=\"_ _5\"/>as l'impac<span class=\"_ _5\"/>t op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>l et f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er d\u00e9p<span class=\"_ _5\"/>endr<span class=\"_ _5\"/>a</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des s<span class=\"_ _5\"/>p\u00e9c<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns de l'appe<span class=\"_ _5\"/>l d'<span class=\"_ _d\"/>off<span class=\"_ _5\"/>res<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t fina<span class=\"_ _5\"/>ncier d<span class=\"_ _5\"/>e ces sc\u00e9<span class=\"_ _5\"/>nari<span class=\"_ _5\"/>os d\u00e9pe<span class=\"_ _5\"/>nd de no<span class=\"_ _5\"/>mbre<span class=\"_ _5\"/>ux fac<span class=\"_ _5\"/>teur<span class=\"_ _5\"/>s, do<span class=\"_ _5\"/>nt les p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>paux so<span class=\"_ _5\"/>nt (i) les e<span class=\"_ _5\"/>xigen<span class=\"_ _5\"/>ces inc<span class=\"_ _5\"/>luses d<span class=\"_ _5\"/>ans le no<span class=\"_ _5\"/>uvel ap<span class=\"_ _5\"/>pel</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'offre<span class=\"_ _5\"/>s, (ii) la c<span class=\"_ _5\"/>harge d<span class=\"_ _5\"/>e trava<span class=\"_ _5\"/>il globa<span class=\"_ _5\"/>le pour to<span class=\"_ _5\"/>us les pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s de s<span class=\"_ _5\"/>es op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>ons (nota<span class=\"_ _5\"/>mment l<span class=\"_ _5\"/>i\u00e9e \u00e0 l'ince<span class=\"_ _5\"/>r<span class=\"_ _5\"/>titud<span class=\"_ _5\"/>e sur l'\u00e9volut<span class=\"_ _5\"/>ion du volu<span class=\"_ _5\"/>me des</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">colis), (iii) la p<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on des \u00e9<span class=\"_ _5\"/>diteur<span class=\"_ _5\"/>s vis \u2013 \u00e0 \u2013 v<span class=\"_ _5\"/>is des s<span class=\"_ _5\"/>oluti<span class=\"_ _5\"/>ons comm<span class=\"_ _5\"/>ercial<span class=\"_ _5\"/>es pote<span class=\"_ _5\"/>ntiell<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>es par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t ou d'autre<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>teurs d<span class=\"_ _5\"/>u march<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et (i<span class=\"_ _5\"/>v) le r\u00e9sult<span class=\"_ _5\"/>at de tou<span class=\"_ _5\"/>te n\u00e9go<span class=\"_ _5\"/>ciatio<span class=\"_ _5\"/>n socia<span class=\"_ _5\"/>le d\u00e9cou<span class=\"_ _5\"/>lant de la n<span class=\"_ _5\"/>\u00e9ces<span class=\"_ _5\"/>sit\u00e9 p<span class=\"_ _5\"/>otentie<span class=\"_ _5\"/>lle de re<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>turer le<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>ons de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>. Comp<span class=\"_ _5\"/>te tenu de</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'ince<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>itude q<span class=\"_ _5\"/>ui entour<span class=\"_ _5\"/>e tous ces f<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>teur<span class=\"_ _5\"/>s, bpo<span class=\"_ _5\"/>st n'est p<span class=\"_ _5\"/>as en me<span class=\"_ _5\"/>sure de f<span class=\"_ _5\"/>ournir d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>es<span class=\"_ _5\"/>timat<span class=\"_ _5\"/>ion \u00e0 ce s<span class=\"_ _5\"/>tade<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 237px; height: 860px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h1a y65 ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>3<span class=\"_ _d\"/>2 <span class=\"_ _4\"> </span>Droits et engag<span class=\"_ _d\"/>ements hors bilan</div>\n<div class=\"t m0 x5 hb yed ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Contrats de location<span class=\"_ _d\"/> sign\u00e9s et pas<span class=\"_ _d\"/> encore d\u00e9marr\u00e9s</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Quat<span class=\"_ _5\"/>re nou<span class=\"_ _5\"/>veaux con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on impo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s ont \u00e9t\u00e9 s<span class=\"_ _5\"/>ign\u00e9<span class=\"_ _5\"/>s, dont l<span class=\"_ _5\"/>a date de d\u00e9<span class=\"_ _5\"/>but es<span class=\"_ _5\"/>t pos<span class=\"_ _5\"/>t\u00e9ri<span class=\"_ _5\"/>eure \u00e0 la da<span class=\"_ _5\"/>te de l'\u00e9tat de l<span class=\"_ _5\"/>a situat<span class=\"_ _5\"/>ion f<span class=\"_ _5\"/>inan-</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ci\u00e8<span class=\"_ _5\"/>re. Il s'agit de :</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>un no<span class=\"_ _5\"/>uveau si<span class=\"_ _5\"/>\u00e8ge soc<span class=\"_ _5\"/>ial pou<span class=\"_ _5\"/>r Apple E<span class=\"_ _5\"/>xp<span class=\"_ _5\"/>res<span class=\"_ _5\"/>s avec une d<span class=\"_ _5\"/>ur\u00e9e de 10 an<span class=\"_ _5\"/>s et un ac<span class=\"_ _5\"/>tif au t<span class=\"_ _5\"/>itre d<span class=\"_ _5\"/>e droit d'ut<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>tim<span class=\"_ _5\"/>\u00e9 \u00e0 22,0 m<span class=\"_ _5\"/>EUR ;</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>un no<span class=\"_ _5\"/>uvel en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>\u00f4t pour A<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ve Ant<span class=\"_ _5\"/>s UK d'une d<span class=\"_ _5\"/>ur\u00e9e de 10 an<span class=\"_ _5\"/>s avec un ac<span class=\"_ _5\"/>tif a<span class=\"_ _5\"/>u titr<span class=\"_ _5\"/>e de droit d'ut<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>tion de 1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>3 mGB<span class=\"_ _5\"/>P ;</div>\n<div class=\"t m0 x5 h8 yb8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>un no<span class=\"_ _5\"/>uvel en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>\u00f4t pour D<span class=\"_ _5\"/>ynaG<span class=\"_ _5\"/>roup d'une d<span class=\"_ _5\"/>ur\u00e9e de 10 a<span class=\"_ _5\"/>ns avec un a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f au titr<span class=\"_ _5\"/>e de droit d'u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>m\u00e9 \u00e0 6,7 mEUR ;</div>\n<div class=\"t m0 x5 h8 y25a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>un no<span class=\"_ _5\"/>uvel en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>\u00f4t chez F<span class=\"_ _5\"/>DM d'une dur<span class=\"_ _5\"/>\u00e9e de 4,<span class=\"_ _5\"/>5 ans ave<span class=\"_ _5\"/>c un ac<span class=\"_ _5\"/>tif au t<span class=\"_ _5\"/>itre de d<span class=\"_ _5\"/>roit d'util<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>tim\u00e9 \u00e0 2<span class=\"_ _5\"/>,8 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 42px; height: 1055px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Garanties re\u00e7ues</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t b\u00e9n<span class=\"_ _5\"/>\u00e9fi<span class=\"_ _5\"/>cie de ga<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>ies ban<span class=\"_ _5\"/>caire<span class=\"_ _5\"/>s pour un m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nt de 30,<span class=\"_ _5\"/>6 mEUR, \u00e9<span class=\"_ _5\"/>mise<span class=\"_ _5\"/>s par les ba<span class=\"_ _5\"/>nque<span class=\"_ _5\"/>s pour le co<span class=\"_ _5\"/>mpte de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clie<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t. Ce<span class=\"_ _5\"/>s gar<span class=\"_ _5\"/>antie<span class=\"_ _5\"/>s peu<span class=\"_ _5\"/>vent \u00eat<span class=\"_ _5\"/>re r\u00e9c<span class=\"_ _5\"/>up\u00e9r\u00e9<span class=\"_ _5\"/>es en c<span class=\"_ _5\"/>as de no<span class=\"_ _5\"/>n-<span class=\"_ _5\"/>paiem<span class=\"_ _5\"/>ent ou de f<span class=\"_ _5\"/>aillite<span class=\"_ _5\"/>. D\u00e8s lo<span class=\"_ _5\"/>rs, e<span class=\"_ _5\"/>lles off<span class=\"_ _5\"/>rent \u00e0 b<span class=\"_ _5\"/>post u<span class=\"_ _5\"/>ne as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>\u00e8re dur<span class=\"_ _5\"/>ant la p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>e de rela<span class=\"_ _5\"/>tions co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>elles a<span class=\"_ _5\"/>vec le cli<span class=\"_ _5\"/>ent.</div>\n<div class=\"t m0 x5 hb y86 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Bie<span class=\"_ _5\"/>ns \u00e0 la v<span class=\"_ _d\"/>en<span class=\"_ _5\"/>te (<span class=\"_ _1\"/>e<span class=\"_ _5\"/>n consign<span class=\"_ _5\"/>ation)</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022, d<span class=\"_ _5\"/>es mar<span class=\"_ _5\"/>chandi<span class=\"_ _5\"/>ses re<span class=\"_ _5\"/>pr\u00e9s<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>ant une va<span class=\"_ _5\"/>leur de ve<span class=\"_ _5\"/>nte de 3,<span class=\"_ _5\"/>5 mEUR av<span class=\"_ _5\"/>aient \u00e9<span class=\"_ _5\"/>t\u00e9 remis<span class=\"_ _5\"/>es par d<span class=\"_ _5\"/>es par<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>n vue de le<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vente \u00e0 t<span class=\"_ _5\"/>raver<span class=\"_ _5\"/>s le r\u00e9<span class=\"_ _5\"/>seau p<span class=\"_ _5\"/>osta<span class=\"_ _5\"/>l.</div>\n<div class=\"t m0 x5 hb y8a ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Facilit<span class=\"_ _5\"/>\u00e9s de cr\u00e9di<span class=\"_ _5\"/>t renouve<span class=\"_ _5\"/>lable<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st dis<span class=\"_ _5\"/>pose d<span class=\"_ _5\"/>e deux f<span class=\"_ _5\"/>acili<span class=\"_ _5\"/>t\u00e9s de cr<span class=\"_ _5\"/>\u00e9dit re<span class=\"_ _5\"/>nouve<span class=\"_ _5\"/>lable<span class=\"_ _5\"/>s non ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es d\u2019un mo<span class=\"_ _5\"/>ntant to<span class=\"_ _5\"/>tal de 375<span class=\"_ _5\"/>,0 mEUR<span class=\"_ _5\"/>. La fa<span class=\"_ _5\"/>cilit\u00e9 s<span class=\"_ _5\"/>yndiq<span class=\"_ _5\"/>u\u00e9e s'\u00e9l\u00e8ve \u00e0</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">30<span class=\"_ _5\"/>0,0 mEUR e<span class=\"_ _5\"/>t exp<span class=\"_ _5\"/>ire en oc<span class=\"_ _5\"/>tobr<span class=\"_ _5\"/>e 2024 tan<span class=\"_ _5\"/>dis que la f<span class=\"_ _5\"/>acili<span class=\"_ _5\"/>t\u00e9 bilat\u00e9<span class=\"_ _5\"/>rale de 75<span class=\"_ _5\"/>,0 mEUR ex<span class=\"_ _5\"/>pire en j<span class=\"_ _5\"/>uin 202<span class=\"_ _5\"/>5 et pe<span class=\"_ _5\"/>rmet d<span class=\"_ _5\"/>es tir<span class=\"_ _5\"/>ages e<span class=\"_ _5\"/>n EUR et en</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">USD. Le ta<span class=\"_ _5\"/>ux d\u2019int\u00e9<span class=\"_ _5\"/>r\u00eat de l<span class=\"_ _5\"/>a facil<span class=\"_ _5\"/>it\u00e9 de cr\u00e9<span class=\"_ _5\"/>dit ren<span class=\"_ _5\"/>ouvel<span class=\"_ _5\"/>able de 3<span class=\"_ _5\"/>00,<span class=\"_ _5\"/>0 mEUR chang<span class=\"_ _5\"/>e en fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de la note d<span class=\"_ _5\"/>e d\u00e9velo<span class=\"_ _5\"/>ppe<span class=\"_ _5\"/>ment dur<span class=\"_ _5\"/>able de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">telle q<span class=\"_ _5\"/>ue d\u00e9te<span class=\"_ _5\"/>rmin\u00e9<span class=\"_ _5\"/>e par un<span class=\"_ _5\"/>e par<span class=\"_ _5\"/>tie e<span class=\"_ _5\"/>xte<span class=\"_ _5\"/>rne.</div>\n<div class=\"t m0 x5 hb y9 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Garanties donn\u00e9es</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st a con<span class=\"_ _5\"/>clu un accor<span class=\"_ _5\"/>d avec BN<span class=\"_ _5\"/>P<span class=\"_ _3b\"/>, Be<span class=\"_ _5\"/>lfiu<span class=\"_ _5\"/>s, ING<span class=\"_ _5\"/>, KBC e<span class=\"_ _5\"/>t Soc<span class=\"_ _5\"/>i\u00e9t\u00e9 G\u00e9<span class=\"_ _5\"/>n\u00e9r<span class=\"_ _5\"/>ale dans le<span class=\"_ _5\"/>quel ce<span class=\"_ _5\"/>s der<span class=\"_ _5\"/>nier<span class=\"_ _5\"/>s s\u2019<span class=\"_ _d\"/>eng<span class=\"_ _5\"/>agent \u00e0 fo<span class=\"_ _5\"/>urnir, sur simp<span class=\"_ _5\"/>le deman<span class=\"_ _5\"/>de,</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jus<span class=\"_ _5\"/>qu\u2019\u00e0 1<span class=\"_ _d\"/>02<span class=\"_ _5\"/>,1 mEUR de g<span class=\"_ _5\"/>arant<span class=\"_ _5\"/>ie \u00e0 bpo<span class=\"_ _5\"/>st. D<span class=\"_ _5\"/>e plus<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t a four<span class=\"_ _5\"/>ni des g<span class=\"_ _5\"/>aran<span class=\"_ _5\"/>ties \u00e0 d<span class=\"_ _5\"/>es tie<span class=\"_ _5\"/>rs po<span class=\"_ _5\"/>ur un mont<span class=\"_ _5\"/>ant de 16,<span class=\"_ _5\"/>0 mEUR.</div>\n<div class=\"t m0 x5 hb yc ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Fond<span class=\"_ _5\"/>s de l\u2019Etat</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st r\u00e8<span class=\"_ _5\"/>gle et liq<span class=\"_ _5\"/>uide les t<span class=\"_ _5\"/>ran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s de paie<span class=\"_ _5\"/>ment de<span class=\"_ _5\"/>s ins<span class=\"_ _5\"/>titut<span class=\"_ _5\"/>ions go<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>ntale<span class=\"_ _5\"/>s (imp\u00f4t<span class=\"_ _5\"/>s, T<span class=\"_ _5\"/>VA<span class=\"_ _5\"/>, etc<span class=\"_ _5\"/>.) pour l<span class=\"_ _5\"/>e compte de l\u2019<span class=\"_ _5\"/>Etat<span class=\"_ _5\"/>. Les fon<span class=\"_ _5\"/>ds</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de l\u2019<span class=\"_ _5\"/>Etat son<span class=\"_ _5\"/>t consid<span class=\"_ _5\"/>\u00e9r\u00e9s co<span class=\"_ _5\"/>mme de<span class=\"_ _5\"/>s tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s \u201cpour le co<span class=\"_ _5\"/>mpte de\u201d e<span class=\"_ _5\"/>t ne sont p<span class=\"_ _5\"/>as inclu<span class=\"_ _5\"/>ses da<span class=\"_ _5\"/>ns le bila<span class=\"_ _5\"/>n.</div>\n\n<div class=\"t m0 x5 h1a y10 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>33 <span class=\"_ _38\"/>T<span class=\"_ _3b\"/>ransactions ent<span class=\"_ _d\"/>re par<span class=\"_ _5\"/>ti<span class=\"_ _d\"/>es li\u00e9es</div>\n<div class=\"t m0 x5 hb y11 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">a) <span class=\"_ _3a\"> </span>R<span class=\"_ _5\"/>elati<span class=\"_ _5\"/>ons avec les ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>naire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h7 y52 ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'\u00c9tat belge<span class=\"_ _d\"/> en tant qu<span class=\"_ _d\"/>'actionnaire</div>\n<div class=\"t m0 x5 h7 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge, dire<span class=\"_ _5\"/>ctem<span class=\"_ _5\"/>ent et \u00e0 t<span class=\"_ _5\"/>raver<span class=\"_ _5\"/>s la So<span class=\"_ _5\"/>ci\u00e9t\u00e9 F<span class=\"_ _5\"/>\u00e9d\u00e9r<span class=\"_ _5\"/>ale de Pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>icipat<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>t d\u2019Inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment (\u201c<span class=\"_ _5\"/><span class=\"ff5 ls4a ws54\">SFPI</span>\u201d), es<span class=\"_ _5\"/>t act<span class=\"_ _5\"/>ionnai<span class=\"_ _5\"/>re major<span class=\"_ _5\"/>itai<span class=\"_ _5\"/>re de bp<span class=\"_ _5\"/>ost</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et d\u00e9<span class=\"_ _5\"/>tien<span class=\"_ _5\"/>t \u00e0 ce titre 51,<span class=\"_ _5\"/>04% de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t. Pa<span class=\"_ _5\"/>r cons\u00e9<span class=\"_ _5\"/>quen<span class=\"_ _5\"/>t, il es<span class=\"_ _5\"/>t habil<span class=\"_ _5\"/>it\u00e9 \u00e0 contr<span class=\"_ _5\"/>\u00f4ler tou<span class=\"_ _5\"/>te d\u00e9ci<span class=\"_ _5\"/>sion re<span class=\"_ _5\"/>qu\u00e9r<span class=\"_ _5\"/>ant une ma<span class=\"_ _5\"/>jori<span class=\"_ _5\"/>t\u00e9 simple \u00e0</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">l'<span class=\"_ _1\"/>A<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>mbl\u00e9e G\u00e9n\u00e9rale des Ac<span class=\"_ _5\"/>tionnaires.</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les d<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s de l'\u00c9tat b<span class=\"_ _5\"/>elge en t<span class=\"_ _5\"/>ant qu'ac<span class=\"_ _5\"/>tionna<span class=\"_ _5\"/>ire de bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>ont d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>s dans les p<span class=\"_ _5\"/>oliti<span class=\"_ _5\"/>ques d<span class=\"_ _5\"/>e Gouve<span class=\"_ _5\"/>rnan<span class=\"_ _5\"/>ce d'Entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e (acces<span class=\"_ _5\"/>sibles a<span class=\"_ _5\"/>u publi<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur le si<span class=\"_ _5\"/>te Inter<span class=\"_ _5\"/>net de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t).</div>\n<div class=\"t m0 x5 h7 y5a ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'\u00c9tat belge<span class=\"_ _d\"/> en tant qu<span class=\"_ _d\"/>'autorit\u00e9 publique</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Avec l'<span class=\"_ _5\"/>Union eu<span class=\"_ _5\"/>rop\u00e9<span class=\"_ _5\"/>enne<span class=\"_ _5\"/>, l'\u00c9tat be<span class=\"_ _5\"/>lge es<span class=\"_ _5\"/>t le prin<span class=\"_ _5\"/>cipal l\u00e9<span class=\"_ _5\"/>gislate<span class=\"_ _5\"/>ur dans le s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>teur po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>l. L<span class=\"_ _3b\"/>'<span class=\"_ _5\"/>Inst<span class=\"_ _5\"/>itut b<span class=\"_ _5\"/>elge de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces pos<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x et de<span class=\"_ _5\"/>s t\u00e9l\u00e9co<span class=\"_ _5\"/>m-</div>\n<div class=\"t m0 x5 h7 y5c ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">municat<span class=\"_ _5\"/>ions (\u201c<span class=\"ff5 ls35 ws3b\">IBPT</span><span class=\"ls0 ws0\">\u201d), l'autor<span class=\"_ _5\"/>it\u00e9 nat<span class=\"_ _5\"/>ionale de r<span class=\"_ _5\"/>\u00e9gula<span class=\"_ _5\"/>tion, e<span class=\"_ _5\"/>st le p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>pal r\u00e9g<span class=\"_ _5\"/>ulateur du s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>teur p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>al en Be<span class=\"_ _5\"/>lgique<span class=\"_ _5\"/>.</span></div>\n<div class=\"t m0 x5 h7 y5e ff5 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _1\"/>'\u00c9ta<span class=\"_ _5\"/>t belg<span class=\"_ _5\"/>e en tan<span class=\"_ _5\"/>t que cl<span class=\"_ _5\"/>ient</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge est l'un d<span class=\"_ _5\"/>es plus g<span class=\"_ _5\"/>ros clie<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s de bpos<span class=\"_ _5\"/>t. S<span class=\"_ _5\"/>i l'<span class=\"_ _d\"/>on t<span class=\"_ _5\"/>ient comp<span class=\"_ _5\"/>te de la r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>\u2019Int\u00e9<span class=\"_ _5\"/>r\u00eat \u00c9cono<span class=\"_ _5\"/>mique G<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>al (SIEG),</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">9,6% du t<span class=\"_ _5\"/>otal de<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uits d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t pou<span class=\"_ _5\"/>r 2022 s<span class=\"_ _5\"/>ont at<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uable<span class=\"_ _5\"/>s \u00e0 l'\u00c9tat be<span class=\"_ _5\"/>lge et au<span class=\"_ _5\"/>x entit\u00e9<span class=\"_ _5\"/>s li\u00e9e<span class=\"_ _5\"/>s \u00e0 l'\u00c9tat<span class=\"_ _5\"/>. Si l'on exclu<span class=\"_ _5\"/>t la r\u00e9mu<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des SI<span class=\"_ _5\"/>EG, les se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s fourn<span class=\"_ _5\"/>is aux cli<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s li\u00e9s \u00e0 l'\u00c9t<span class=\"_ _5\"/>at ne d\u00e9p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>ent pas 5<span class=\"_ _5\"/>% du total d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s d'explo<span class=\"_ _5\"/>itati<span class=\"_ _5\"/>on de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st fo<span class=\"_ _5\"/>urnit d<span class=\"_ _5\"/>es ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de d<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ion de co<span class=\"_ _5\"/>urri<span class=\"_ _5\"/>er \u00e0 plus<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s adminis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s publiq<span class=\"_ _5\"/>ues, \u00e0 l<span class=\"_ _5\"/>a fois se<span class=\"_ _5\"/>lon de<span class=\"_ _5\"/>s condit<span class=\"_ _5\"/>ions com<span class=\"_ _5\"/>merc<span class=\"_ _5\"/>iales et</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">confo<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>ment au<span class=\"_ _5\"/>x disp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>ns du Con<span class=\"_ _5\"/>trat d<span class=\"_ _5\"/>e Ges<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st as<span class=\"_ _5\"/>sure le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices p<span class=\"_ _5\"/>osta<span class=\"_ _5\"/>ux univ<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>els e<span class=\"_ _5\"/>t les SIEG qui l<span class=\"_ _5\"/>ui ont \u00e9t\u00e9 co<span class=\"_ _5\"/>nfi\u00e9<span class=\"_ _5\"/>s par l\u2019<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge, en ce com<span class=\"_ _5\"/>pris d<span class=\"_ _5\"/>es ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux, f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et d'aut<span class=\"_ _5\"/>res se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s public<span class=\"_ _5\"/>s. L<span class=\"_ _5\"/>a Loi de 1<span class=\"_ _5\"/>991, la Loi p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>ale du 26 janv<span class=\"_ _5\"/>ier 2018, le C<span class=\"_ _5\"/>ontr<span class=\"_ _5\"/>at de Ge<span class=\"_ _5\"/>stio<span class=\"_ _5\"/>n des ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ions de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ux</div>\n<div class=\"t m0 x5 h7 y68 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">univer<span class=\"_ _5\"/>sels (\u201c<span class=\"ff5 lsd wsf\">OSU</span><span class=\"ls0 ws0\">\u201d<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, le 7e Contr<span class=\"_ _5\"/>at de Ge<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>on des S<span class=\"_ _5\"/>IEG, ains<span class=\"_ _5\"/>i que les a<span class=\"_ _5\"/>ccords de co<span class=\"_ _5\"/>nces<span class=\"_ _5\"/>sion d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>se, f<span class=\"_ _5\"/>ixen<span class=\"_ _5\"/>t les r\u00e8g<span class=\"_ _5\"/>les et co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>ons d'ex\u00e9c<span class=\"_ _5\"/>ution </span></div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des o<span class=\"_ _5\"/>bliga<span class=\"_ _5\"/>tions q<span class=\"_ _5\"/>ue bpos<span class=\"_ _5\"/>t as<span class=\"_ _5\"/>sume en e<span class=\"_ _5\"/>x\u00e9cu<span class=\"_ _5\"/>tion de s<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s pos<span class=\"_ _5\"/>taux un<span class=\"_ _5\"/>iver<span class=\"_ _5\"/>sel<span class=\"_ _5\"/>s et de se<span class=\"_ _5\"/>s SIEG, a<span class=\"_ _5\"/>insi que<span class=\"_ _5\"/>, le cas \u00e9<span class=\"_ _5\"/>ch\u00e9ant<span class=\"_ _5\"/>, les co<span class=\"_ _5\"/>mpens<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>\u00e8res ve<span class=\"_ _5\"/>rs\u00e9<span class=\"_ _5\"/>es par l'<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 87px; height: 485px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 87px; height: 995px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les S<span class=\"_ _5\"/>IEG conf<span class=\"_ _5\"/>i\u00e9s \u00e0 bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>n ver<span class=\"_ _5\"/>tu du 7<span class=\"_ _d\"/>e Co<span class=\"_ _5\"/>ntrat d<span class=\"_ _5\"/>e Ges<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n ont pou<span class=\"_ _5\"/>r but de s<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>faire \u00e0 ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ains ob<span class=\"_ _5\"/>jec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d'int\u00e9r\u00ea<span class=\"_ _5\"/>t g\u00e9n\u00e9r<span class=\"_ _5\"/>al. C<span class=\"_ _5\"/>es SIEG inc<span class=\"_ _5\"/>luent la</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mainte<span class=\"_ _5\"/>nance du r<span class=\"_ _5\"/>\u00e9sea<span class=\"_ _5\"/>u Reta<span class=\"_ _5\"/>il : afin d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>surer u<span class=\"_ _5\"/>ne coh\u00e9<span class=\"_ _5\"/>sion te<span class=\"_ _5\"/>rrit<span class=\"_ _5\"/>oriale e<span class=\"_ _5\"/>t soc<span class=\"_ _5\"/>iale, bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>st ten<span class=\"_ _5\"/>ue de maint<span class=\"_ _5\"/>enir un r\u00e9<span class=\"_ _5\"/>seau Re<span class=\"_ _5\"/>tail co<span class=\"_ _5\"/>mpos<span class=\"_ _5\"/>\u00e9 au</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">minim<span class=\"_ _5\"/>um de 1.<span class=\"_ _5\"/>30<span class=\"_ _5\"/>0 point<span class=\"_ _5\"/>s de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s pos<span class=\"_ _5\"/>taux<span class=\"_ _5\"/>. Au mo<span class=\"_ _5\"/>ins 65<span class=\"_ _5\"/>0 de ces p<span class=\"_ _5\"/>oint<span class=\"_ _5\"/>s de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice pos<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x doive<span class=\"_ _5\"/>nt \u00eatr<span class=\"_ _5\"/>e des bur<span class=\"_ _5\"/>eaux de p<span class=\"_ _5\"/>oste<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t doit</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t inst<span class=\"_ _5\"/>aller a<span class=\"_ _5\"/>u moins 3<span class=\"_ _5\"/>50 dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>buteur<span class=\"_ _5\"/>s auto<span class=\"_ _5\"/>matiqu<span class=\"_ _5\"/>es de bill<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s sur le ter<span class=\"_ _5\"/>ritoir<span class=\"_ _5\"/>e et au mo<span class=\"_ _5\"/>ins un dans l<span class=\"_ _5\"/>es commu<span class=\"_ _5\"/>nes o\u00f9 a<span class=\"_ _5\"/>ucun aut<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rate<span class=\"_ _5\"/>ur n\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>n a inst<span class=\"_ _5\"/>all\u00e9. L<span class=\"_ _5\"/>a four<span class=\"_ _5\"/>niture d<span class=\"_ _5\"/>es SIEG jo<span class=\"_ _5\"/>urnali<span class=\"_ _5\"/>ers co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>d les se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s en \u201cesp\u00e8<span class=\"_ _5\"/>ces au g<span class=\"_ _5\"/>uiche<span class=\"_ _5\"/>t\u201d e<span class=\"_ _5\"/>t le paiem<span class=\"_ _5\"/>ent \u00e0 do<span class=\"_ _5\"/>micile de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>nsions e<span class=\"_ _5\"/>t alloc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns soc<span class=\"_ _5\"/>iales<span class=\"_ _5\"/>. Enfin<span class=\"_ _5\"/>, les SI<span class=\"_ _5\"/>EG ponc<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s inclu<span class=\"_ _5\"/>ent le r\u00f4<span class=\"_ _5\"/>le socia<span class=\"_ _5\"/>l du fac<span class=\"_ _5\"/>teur, plus pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iculi\u00e8<span class=\"_ _5\"/>reme<span class=\"_ _5\"/>nt par ra<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t au<span class=\"_ _5\"/>x per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">viv<span class=\"_ _5\"/>ant se<span class=\"_ _5\"/>ules ou p<span class=\"_ _5\"/>lus d\u00e9f<span class=\"_ _5\"/>avori<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s, le s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice \u201cS<span class=\"_ _5\"/>VP f<span class=\"_ _5\"/>act<span class=\"_ _5\"/>eur\u201d, la diffu<span class=\"_ _5\"/>sion d'inf<span class=\"_ _5\"/>ormat<span class=\"_ _5\"/>ions au p<span class=\"_ _5\"/>ublic \u00e0 la d<span class=\"_ _5\"/>emand<span class=\"_ _5\"/>e des au<span class=\"_ _5\"/>torit\u00e9<span class=\"_ _5\"/>s et en v<span class=\"_ _5\"/>ue de</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">so<span class=\"_ _5\"/>utenir le<span class=\"_ _5\"/>s campa<span class=\"_ _5\"/>gnes d<span class=\"_ _5\"/>\u2019infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>n \u00e0 gran<span class=\"_ _5\"/>de \u00e9ch<span class=\"_ _5\"/>elle lan<span class=\"_ _5\"/>c\u00e9es p<span class=\"_ _5\"/>ar les p<span class=\"_ _5\"/>ouvoir<span class=\"_ _5\"/>s publ<span class=\"_ _5\"/>ics e<span class=\"_ _5\"/>n cas de c<span class=\"_ _5\"/>rise m<span class=\"_ _5\"/>ajeure<span class=\"_ _5\"/>, la coop<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on de<span class=\"_ _5\"/>s paque<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e bullet<span class=\"_ _5\"/>ins de vote<span class=\"_ _5\"/>, la livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n d'impri<span class=\"_ _5\"/>m\u00e9s \u00e9l<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>torau<span class=\"_ _5\"/>x adre<span class=\"_ _5\"/>ss\u00e9<span class=\"_ _5\"/>s et non a<span class=\"_ _5\"/>dres<span class=\"_ _5\"/>s\u00e9<span class=\"_ _5\"/>s, la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n \u00e0 pri<span class=\"_ _5\"/>x sp\u00e9c<span class=\"_ _5\"/>ial</div>\n<div class=\"t m0 x5 h8 yae ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'envois d'as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>iation<span class=\"_ _5\"/>s, la dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on de let<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s rele<span class=\"_ _5\"/>vant du r<span class=\"_ _5\"/>\u00e9gime d<span class=\"_ _5\"/>e fran<span class=\"_ _5\"/>chise d<span class=\"_ _5\"/>e por<span class=\"_ _5\"/>t, l<span class=\"_ _5\"/>e sout<span class=\"_ _5\"/>ien d\u2019in<span class=\"_ _5\"/>itiati<span class=\"_ _5\"/>ves vi<span class=\"_ _5\"/>sant \u00e0 \u201cr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>ber la f<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>ture</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">num\u00e9<span class=\"_ _5\"/>riqu<span class=\"_ _5\"/>e\u201d et \u00e0 fa<span class=\"_ _5\"/>ciliter l<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>acc\u00e8<span class=\"_ _5\"/>s aux se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices g<span class=\"_ _5\"/>ouver<span class=\"_ _5\"/>nem<span class=\"_ _5\"/>entau<span class=\"_ _5\"/>x \u00e9lec<span class=\"_ _5\"/>tro<span class=\"_ _5\"/>nique<span class=\"_ _5\"/>s par le bia<span class=\"_ _5\"/>is des b<span class=\"_ _5\"/>ureaux d<span class=\"_ _5\"/>e pos<span class=\"_ _5\"/>te, le tr<span class=\"_ _5\"/>aiteme<span class=\"_ _5\"/>nt fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>r et</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">admi<span class=\"_ _5\"/>nist<span class=\"_ _5\"/>ratif d<span class=\"_ _5\"/>es ame<span class=\"_ _5\"/>nde<span class=\"_ _5\"/>s, la ven<span class=\"_ _5\"/>te de tit<span class=\"_ _5\"/>res de t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t pub<span class=\"_ _5\"/>lics o<span class=\"_ _5\"/>u par<span class=\"_ _5\"/>tag\u00e9<span class=\"_ _5\"/>s \u00e0 la dem<span class=\"_ _5\"/>ande de<span class=\"_ _5\"/>s soc<span class=\"_ _5\"/>i\u00e9t\u00e9s d<span class=\"_ _5\"/>e tra<span class=\"_ _5\"/>nspo<span class=\"_ _5\"/>rt p<span class=\"_ _5\"/>ublic ou p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tag\u00e9 e<span class=\"_ _5\"/>t la</div>\n<div class=\"t m0 x5 h8 yb0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vente d<span class=\"_ _5\"/>e timbr<span class=\"_ _5\"/>es-<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>te.</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>arif<span class=\"_ _5\"/>s et au<span class=\"_ _5\"/>tres m<span class=\"_ _5\"/>odali<span class=\"_ _5\"/>t\u00e9s pr\u00e9<span class=\"_ _5\"/>vus po<span class=\"_ _5\"/>ur l'ex\u00e9cu<span class=\"_ _5\"/>tion de ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tains d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s par le 7<span class=\"_ _d\"/>e Co<span class=\"_ _5\"/>ntrat d<span class=\"_ _5\"/>e Ges<span class=\"_ _5\"/>tion s<span class=\"_ _5\"/>ont d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9s dan<span class=\"_ _5\"/>s des</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">accor<span class=\"_ _5\"/>ds de mis<span class=\"_ _5\"/>e en \u0153u<span class=\"_ _5\"/>vre con<span class=\"_ _5\"/>clus ent<span class=\"_ _5\"/>re bpo<span class=\"_ _5\"/>st, l'<span class=\"_ _5\"/>\u00c9<span class=\"_ _d\"/>t<span class=\"_ _5\"/>at belge e<span class=\"_ _5\"/>t, le c<span class=\"_ _5\"/>as \u00e9ch<span class=\"_ _5\"/>\u00e9ant, l<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ies ou in<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>tutio<span class=\"_ _5\"/>ns conce<span class=\"_ _5\"/>rn\u00e9<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De pl<span class=\"_ _5\"/>us, bp<span class=\"_ _5\"/>ost co<span class=\"_ _5\"/>ntinue \u00e0 f<span class=\"_ _5\"/>ourni<span class=\"_ _5\"/>r les SIEG de l<span class=\"_ _5\"/>ivra<span class=\"_ _5\"/>ison av<span class=\"_ _5\"/>anc\u00e9e d<span class=\"_ _5\"/>es jour<span class=\"_ _5\"/>naux e<span class=\"_ _5\"/>t de dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n des p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>dique<span class=\"_ _5\"/>s.  Jus<span class=\"_ _5\"/>qu'au 31 d\u00e9cemb<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x5 h8 y203 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">2015, ce<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices \u00e9t<span class=\"_ _5\"/>aien<span class=\"_ _5\"/>t assu<span class=\"_ _5\"/>r\u00e9s dan<span class=\"_ _5\"/>s le cadr<span class=\"_ _5\"/>e du 5e Con<span class=\"_ _5\"/>trat de G<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. Confor<span class=\"_ _5\"/>m\u00e9m<span class=\"_ _5\"/>ent \u00e0 l'engag<span class=\"_ _5\"/>ement p<span class=\"_ _5\"/>ris pa<span class=\"_ _5\"/>r l'\u00c9tat be<span class=\"_ _5\"/>lge vis<span class=\"_ _5\"/>-\u00e0-<span class=\"_ _5\"/>vis de la</div>\n<div class=\"t m0 x5 h8 y204 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Comm<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>on euro<span class=\"_ _5\"/>p\u00e9e<span class=\"_ _5\"/>nne, un<span class=\"_ _5\"/>e proc\u00e9<span class=\"_ _5\"/>dure de con<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>tion du ma<span class=\"_ _5\"/>rch\u00e9 s<span class=\"_ _5\"/>oumis<span class=\"_ _5\"/>e \u00e0 la concur<span class=\"_ _5\"/>ren<span class=\"_ _5\"/>ce, tra<span class=\"_ _5\"/>nspare<span class=\"_ _5\"/>nte et no<span class=\"_ _5\"/>n discr<span class=\"_ _5\"/>iminato<span class=\"_ _5\"/>ire a \u00e9t\u00e9 o<span class=\"_ _5\"/>r<span class=\"_ _d\"/>-</div>\n<div class=\"t m0 x5 h8 y205 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gan<span class=\"_ _5\"/>is\u00e9e p<span class=\"_ _5\"/>ar rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t auxd<span class=\"_ _5\"/>its s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s, au te<span class=\"_ _5\"/>rme d<span class=\"_ _5\"/>e laque<span class=\"_ _5\"/>lle la four<span class=\"_ _5\"/>nitur<span class=\"_ _5\"/>e des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s a \u00e9t\u00e9 at<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>u\u00e9e \u00e0 bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>n oc<span class=\"_ _5\"/>tobre 201<span class=\"_ _5\"/>5. Par con<span class=\"_ _5\"/>s\u00e9qu<span class=\"_ _5\"/>ent,</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dep<span class=\"_ _5\"/>uis le 1er janv<span class=\"_ _5\"/>ier 2016, le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on des jo<span class=\"_ _5\"/>urnau<span class=\"_ _5\"/>x et p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>dique<span class=\"_ _5\"/>s sont as<span class=\"_ _5\"/>sur\u00e9<span class=\"_ _5\"/>s confor<span class=\"_ _5\"/>m\u00e9m<span class=\"_ _5\"/>ent aux a<span class=\"_ _5\"/>ccords d<span class=\"_ _5\"/>e conces<span class=\"_ _5\"/>sion</div>\n<div class=\"t m0 x5 h8 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ent\u00e9<span class=\"_ _5\"/>rin\u00e9<span class=\"_ _5\"/>s entr<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t et l'\u00c9tat b<span class=\"_ _5\"/>elge e<span class=\"_ _5\"/>n novemb<span class=\"_ _5\"/>re 2015.</div>\n<div class=\"t m0 x5 h8 y209 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 3 juin 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>16, la C<span class=\"_ _5\"/>ommis<span class=\"_ _5\"/>sion e<span class=\"_ _5\"/>urop\u00e9<span class=\"_ _5\"/>enne a a<span class=\"_ _5\"/>pprou<span class=\"_ _5\"/>v\u00e9 \u00e0 la fois l<span class=\"_ _5\"/>e 6e Cont<span class=\"_ _5\"/>rat de G<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tion e<span class=\"_ _5\"/>t les acco<span class=\"_ _5\"/>rds de con<span class=\"_ _5\"/>cess<span class=\"_ _5\"/>ion rel<span class=\"_ _5\"/>atifs \u00e0 l<span class=\"_ _5\"/>a dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 y20a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des j<span class=\"_ _5\"/>ourna<span class=\"_ _5\"/>ux et p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>dique<span class=\"_ _5\"/>s en ver<span class=\"_ _5\"/>tu d<span class=\"_ _5\"/>e la r\u00e9gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es aid<span class=\"_ _5\"/>es d\u2019\u00c9t<span class=\"_ _5\"/>at</div>\n<div class=\"t m0 x10f h1c ye13 ff4 fs12 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">9</div>\n<div class=\"t m0 x16 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">.</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>19, le C<span class=\"_ _5\"/>onse<span class=\"_ _5\"/>il f\u00e9d\u00e9<span class=\"_ _5\"/>ral be<span class=\"_ _5\"/>lge de<span class=\"_ _5\"/>s Minis<span class=\"_ _5\"/>tres a d<span class=\"_ _5\"/>\u00e9cid\u00e9 d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>\u00e9te<span class=\"_ _5\"/>ndre le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>uelle<span class=\"_ _5\"/>s conces<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>s dans le do<span class=\"_ _5\"/>maine de l<span class=\"_ _5\"/>a pres<span class=\"_ _5\"/>se con<span class=\"_ _5\"/>clues</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">avec b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t pour un<span class=\"_ _5\"/>e p\u00e9r<span class=\"_ _5\"/>iode d<span class=\"_ _5\"/>e deux an<span class=\"_ _5\"/>s (2021 \u2013 202<span class=\"_ _5\"/>2) aux con<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>ns valan<span class=\"_ _5\"/>t pour 20<span class=\"_ _5\"/>20, comme s<span class=\"_ _5\"/>p\u00e9ci<span class=\"_ _5\"/>fi\u00e9 da<span class=\"_ _5\"/>ns les con<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>sions a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>elles<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>cision a \u00e9<span class=\"_ _5\"/>t\u00e9 appr<span class=\"_ _5\"/>ouv\u00e9<span class=\"_ _5\"/>e par la Com<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ion eur<span class=\"_ _5\"/>op\u00e9e<span class=\"_ _5\"/>nne le 2 s<span class=\"_ _5\"/>eptemb<span class=\"_ _5\"/>re 2021<span class=\"_ _5\"/>. En novemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2, le gouv<span class=\"_ _5\"/>erne<span class=\"_ _5\"/>ment a d<span class=\"_ _5\"/>\u00e9cid\u00e9 d<span class=\"_ _5\"/>e prolo<span class=\"_ _5\"/>nger</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une n<span class=\"_ _5\"/>ouvell<span class=\"_ _5\"/>e fois la con<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>sion au<span class=\"_ _5\"/>x condit<span class=\"_ _5\"/>ions qui s'app<span class=\"_ _5\"/>liquaie<span class=\"_ _5\"/>nt pour 2<span class=\"_ _5\"/>020, cet<span class=\"_ _5\"/>te fois p<span class=\"_ _5\"/>our un an<span class=\"_ _5\"/>.  Cet<span class=\"_ _5\"/>te prolo<span class=\"_ _5\"/>ngat<span class=\"_ _5\"/>ion se<span class=\"_ _5\"/>ra noti<span class=\"_ _5\"/>fi\u00e9<span class=\"_ _5\"/>e \u00e0 la</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">Commission europ\u00e9e<span class=\"_ _5\"/>nne.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>020, le Go<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt belge a d<span class=\"_ _5\"/>\u00e9cid<span class=\"_ _5\"/>\u00e9 d\u2019<span class=\"_ _d\"/>\u00e9te<span class=\"_ _5\"/>ndre le 6</div>\n<div class=\"t m0 x36 h1c ye14 ff4 fs12 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">e</div>\n<div class=\"t m0 x92 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> Cont<span class=\"_ _5\"/>rat de G<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tion ju<span class=\"_ _5\"/>squ\u2019au 31 d\u00e9cem<span class=\"_ _5\"/>bre 2021<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te prol<span class=\"_ _5\"/>ongat<span class=\"_ _5\"/>ion a \u00e9t\u00e9</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">app<span class=\"_ _5\"/>rouv\u00e9<span class=\"_ _5\"/>e par la Co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sion eur<span class=\"_ _5\"/>op\u00e9<span class=\"_ _5\"/>enne le 27 ju<span class=\"_ _5\"/>illet 2021<span class=\"_ _5\"/>.  Le 14 sept<span class=\"_ _5\"/>embre 20<span class=\"_ _5\"/>21, le Go<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt belg<span class=\"_ _5\"/>e et bpo<span class=\"_ _5\"/>st ont s<span class=\"_ _5\"/>ign\u00e9 le 7e Contr<span class=\"_ _5\"/>at</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de Ge<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ion couv<span class=\"_ _5\"/>rant l<span class=\"_ _5\"/>a p\u00e9r<span class=\"_ _5\"/>iode ju<span class=\"_ _5\"/>squ'au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 2026<span class=\"_ _5\"/>. Ce cont<span class=\"_ _5\"/>rat a \u00e9t\u00e9 n<span class=\"_ _5\"/>otif<span class=\"_ _5\"/>i\u00e9 \u00e0 la Com<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ion euro<span class=\"_ _5\"/>p\u00e9e<span class=\"_ _5\"/>nne et a \u00e9<span class=\"_ _5\"/>t\u00e9 appr<span class=\"_ _5\"/>ouv\u00e9 le 19 j<span class=\"_ _5\"/>uillet</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2. \u00c0 la su<span class=\"_ _5\"/>ite de cet<span class=\"_ _5\"/>te app<span class=\"_ _5\"/>robat<span class=\"_ _5\"/>ion, le con<span class=\"_ _5\"/>trat e<span class=\"_ _5\"/>st en<span class=\"_ _5\"/>tr\u00e9 en v<span class=\"_ _5\"/>igueur.</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st fo<span class=\"_ _5\"/>urnit \u00e9<span class=\"_ _5\"/>galem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de ge<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>on de comp<span class=\"_ _5\"/>te de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie \u00e0 l'\u00c9ta<span class=\"_ _5\"/>t belge e<span class=\"_ _5\"/>t \u00e0 cer<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res en<span class=\"_ _5\"/>tit\u00e9s p<span class=\"_ _5\"/>ubliqu<span class=\"_ _5\"/>es, co<span class=\"_ _5\"/>nfor<span class=\"_ _5\"/>m\u00e9me<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 l'arr\u00ea<span class=\"_ _5\"/>t\u00e9 royal du 1<span class=\"_ _5\"/>2 janvi<span class=\"_ _5\"/>er 1970 r\u00e9g<span class=\"_ _5\"/>ulant le s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>al, tel q<span class=\"_ _5\"/>u'<span class=\"_ _d\"/>ame<span class=\"_ _5\"/>nd\u00e9 en ve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tu de l'arr\u00ea<span class=\"_ _5\"/>t\u00e9 royal d<span class=\"_ _5\"/>u 30 avr<span class=\"_ _5\"/>il 2007 r<span class=\"_ _5\"/>\u00e9gulan<span class=\"_ _5\"/>t les se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux et de l'ar<span class=\"_ _5\"/>r\u00eat\u00e9 roy<span class=\"_ _5\"/>al du 14 avri<span class=\"_ _5\"/>l 2013 mod<span class=\"_ _5\"/>ifian<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>ar<span class=\"_ _5\"/>r\u00eat\u00e9 roy<span class=\"_ _5\"/>al du 12 ja<span class=\"_ _5\"/>nvier 1<span class=\"_ _5\"/>970 r\u00e9gula<span class=\"_ _5\"/>nt le ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice pos<span class=\"_ _5\"/>tal<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n oc<span class=\"_ _5\"/>troy\u00e9<span class=\"_ _5\"/>e \u00e0 bpos<span class=\"_ _5\"/>t en vu<span class=\"_ _5\"/>e de couv<span class=\"_ _5\"/>rir les S<span class=\"_ _5\"/>IEG, pub<span class=\"_ _5\"/>li\u00e9e \u00e0 la s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tion 6<span class=\"_ _5\"/>.<span class=\"_ _d\"/>7 du r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt a<span class=\"_ _5\"/>nnuel<span class=\"_ _5\"/>, s'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u00e9le<span class=\"_ _5\"/>v\u00e9e \u00e0 30<span class=\"_ _5\"/>2,6 mEUR p<span class=\"_ _5\"/>our 202<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(277<span class=\"_ _d\"/>,0 m<span class=\"_ _5\"/>EUR en 2021).</div>\n<div class=\"t m0 x5 h7 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n des SI<span class=\"_ _5\"/>EG se bas<span class=\"_ _5\"/>e sur une m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>dolog<span class=\"_ _5\"/>ie de co\u00fbt n<span class=\"_ _5\"/>et \u00e9vi<span class=\"_ _5\"/>t\u00e9 (<span class=\"_ _d\"/>ne<span class=\"_ _5\"/>t avoide<span class=\"_ _5\"/>d cost o<span class=\"_ _5\"/>u <span class=\"ff5 ls5d ws71\">NAC</span>). Cet<span class=\"_ _5\"/>te m\u00e9t<span class=\"_ _5\"/>hod<span class=\"_ _5\"/>e assu<span class=\"_ _5\"/>re que la com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n se bas<span class=\"_ _5\"/>e sur la diff<span class=\"_ _5\"/>\u00e9ren<span class=\"_ _5\"/>ce entre (i<span class=\"_ _5\"/>) le co\u00fbt ne<span class=\"_ _5\"/>t pour le fo<span class=\"_ _5\"/>urni<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ur ass<span class=\"_ _5\"/>urant l'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n des SI<span class=\"_ _5\"/>EG et (ii) le co\u00fbt n<span class=\"_ _5\"/>et po<span class=\"_ _5\"/>ur le m\u00eam<span class=\"_ _5\"/>e fourn<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ne de<span class=\"_ _5\"/>vant pa<span class=\"_ _5\"/>s assu<span class=\"_ _5\"/>rer cet<span class=\"_ _5\"/>te obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n pour la d<span class=\"_ _5\"/>istr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s jour<span class=\"_ _5\"/>naux et p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>odiqu<span class=\"_ _5\"/>es consi<span class=\"_ _5\"/>ste en u<span class=\"_ _5\"/>n monta<span class=\"_ _5\"/>nt fi<span class=\"_ _5\"/>xe et une r<span class=\"_ _5\"/>edev<span class=\"_ _5\"/>ance var<span class=\"_ _5\"/>iable b<span class=\"_ _5\"/>as\u00e9e s<span class=\"_ _5\"/>ur les vo<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lume<span class=\"_ _5\"/>s dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>u\u00e9s<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te inde<span class=\"_ _5\"/>mnisat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t suje<span class=\"_ _5\"/>tte \u00e0 d'aut<span class=\"_ _5\"/>res v\u00e9<span class=\"_ _5\"/>rif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>x pos<span class=\"_ _5\"/>t et doit \u00ea<span class=\"_ _5\"/>tre conf<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>e au NAC<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le mo<span class=\"_ _5\"/>ntant r<span class=\"_ _5\"/>est<span class=\"_ _5\"/>ant d\u00fb pa<span class=\"_ _5\"/>r l\u2019\u00c9tat b<span class=\"_ _5\"/>elge po<span class=\"_ _5\"/>ur la r\u00e9mu<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s SIEG s\u2019\u00e9leva<span class=\"_ _5\"/>it au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2 \u00e0 77<span class=\"_ _d\"/>,7 mEUR (107<span class=\"_ _1\"/>,6 mEUR a<span class=\"_ _5\"/>u 31 d\u00e9cem<span class=\"_ _5\"/>bre</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 lsda wse2\" style=\"z-index: 15;\">20<span class=\"_ _5\"/>21).    </div>\n<div class=\"t m0 x5 hb y61 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">b<span class=\"_ _d\"/>) <span class=\"_ _3a\"> </span>Soci\u00e9t\u00e9s consolid\u00e9es</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une li<span class=\"_ _5\"/>ste de to<span class=\"_ _5\"/>utes le<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les (et de<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>\u00e9t\u00e9s mi<span class=\"_ _5\"/>ses e<span class=\"_ _5\"/>n \u00e9quiv<span class=\"_ _5\"/>alence) ai<span class=\"_ _5\"/>nsi qu\u2019un de<span class=\"_ _5\"/>scri<span class=\"_ _5\"/>ptif so<span class=\"_ _5\"/>mmaire d<span class=\"_ _5\"/>e leurs a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s sont f<span class=\"_ _5\"/>ourni<span class=\"_ _5\"/>s dans la</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on 6.<span class=\"_ _5\"/>34 d<span class=\"_ _5\"/>u pr\u00e9s<span class=\"_ _5\"/>ent ra<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t an<span class=\"_ _5\"/>nuel<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>olde<span class=\"_ _5\"/>s et tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons ent<span class=\"_ _5\"/>re bpo<span class=\"_ _5\"/>st et s<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s, qui s<span class=\"_ _5\"/>ont des p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ties a<span class=\"_ _5\"/>ppare<span class=\"_ _5\"/>nt\u00e9e<span class=\"_ _5\"/>s \u00e0 bpos<span class=\"_ _5\"/>t, on<span class=\"_ _5\"/>t \u00e9t\u00e9 ret<span class=\"_ _5\"/>ir\u00e9s de<span class=\"_ _5\"/>s \u00e9ta<span class=\"_ _5\"/>ts f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers co<span class=\"_ _5\"/>nsol<span class=\"_ _5\"/>id\u00e9s</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et ne s<span class=\"_ _5\"/>ont pa<span class=\"_ _5\"/>s divulg<span class=\"_ _5\"/>u\u00e9s da<span class=\"_ _5\"/>ns cet<span class=\"_ _5\"/>te sec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h10 ye15 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">9 <span class=\"_ _48\"> </span><span class=\"ff8\" style=\"word-spacing: -9px;\">En oc<span class=\"_ _5\"/>tobre 2016, la F\u00e9<span class=\"_ _5\"/>d\u00e9ratio<span class=\"_ _5\"/>n flamand<span class=\"_ _5\"/>e des Vende<span class=\"_ _5\"/>urs de pr<span class=\"_ _5\"/>esse (<span class=\"_ _5\"/>\u201cVl<span class=\"_ _5\"/>aamse Fe<span class=\"_ _5\"/>derati<span class=\"_ _5\"/>e van Pers<span class=\"_ _5\"/>verkop<span class=\"_ _5\"/>ers\u201d) a dem<span class=\"_ _5\"/>and\u00e9 l'annul<span class=\"_ _5\"/>ation de l<span class=\"_ _5\"/>a </span></div>\n<div class=\"t m0 x13 h10 ye16 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -9px; z-index: 15;\">d\u00e9ci<span class=\"_ _5\"/>sion d\u2019autori<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n de la Commis<span class=\"_ _5\"/>sion eu<span class=\"_ _5\"/>rop\u00e9en<span class=\"_ _5\"/>ne devant la Cou<span class=\"_ _5\"/>r g\u00e9n\u00e9ra<span class=\"_ _5\"/>le sur base p<span class=\"_ _5\"/>roc\u00e9dural<span class=\"_ _5\"/>e. En f\u00e9vr<span class=\"_ _5\"/>ier 2019, la Cour g\u00e9<span class=\"_ _5\"/>n\u00e9rale a re<span class=\"_ _5\"/>tir\u00e9</div>\n<div class=\"t m0 x13 h10 ye17 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -9px; z-index: 15;\">le dos<span class=\"_ _5\"/>sier d<span class=\"_ _5\"/>es regis<span class=\"_ _5\"/>tres sui<span class=\"_ _5\"/>te \u00e0 la deman<span class=\"_ _5\"/>de de la VF<span class=\"_ _5\"/>P de met<span class=\"_ _5\"/>tre un ter<span class=\"_ _5\"/>me aux pro<span class=\"_ _5\"/>c\u00e9dures<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 52px; height: 1030px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 52px; height: 1030px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">c) <span class=\"_ _23f\"> </span>Relat<span class=\"_ _5\"/>ions avec des en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise<span class=\"_ _5\"/>s <span class=\"_ _d\"/>as<span class=\"_ _5\"/>soci\u00e9<span class=\"_ _5\"/>es et des co<span class=\"_ _5\"/>-e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>rise<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h7 y81 ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">bpost banque</div>\n<div class=\"t m0 x5 h7 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que \u00e9t<span class=\"_ _5\"/>ait as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9e de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t \u00e0 50%<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>\u2019autr<span class=\"_ _5\"/>e act<span class=\"_ _5\"/>ionnai<span class=\"_ _5\"/>re de bp<span class=\"_ _5\"/>ost ban<span class=\"_ _5\"/>que es<span class=\"_ _5\"/>t BNP P<span class=\"_ _5\"/>ariba<span class=\"_ _5\"/>s For<span class=\"_ _5\"/>tis S<span class=\"_ _5\"/>A (\u201c<span class=\"ff5 ls4a ws54\">BNPPF<span class=\"_ _5\"/></span>\u201d), qui d\u00e9te<span class=\"_ _5\"/>nait le<span class=\"_ _5\"/>s 50%</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">res<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>. En 2020, l\u2019inv<span class=\"_ _5\"/>est<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t dans bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque a \u00e9t<span class=\"_ _5\"/>\u00e9 clas<span class=\"_ _5\"/>s\u00e9 en ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9te<span class=\"_ _5\"/>nus en v<span class=\"_ _5\"/>ue de la ven<span class=\"_ _5\"/>te, compte te<span class=\"_ _5\"/>nu de l\u2019accord n<span class=\"_ _5\"/>on contr<span class=\"_ _5\"/>ai-</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gnan<span class=\"_ _5\"/>t sur le fut<span class=\"_ _5\"/>ur par<span class=\"_ _5\"/>tena<span class=\"_ _5\"/>riat \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e de bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que SA<span class=\"_ _5\"/>, in<span class=\"_ _5\"/>cluant la ve<span class=\"_ _5\"/>nte des p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ticipa<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t \u00e0 BNPPF<span class=\"_ _d\"/>. L<span class=\"_ _3b\"/>\u2019accor<span class=\"_ _5\"/>d a \u00e9t\u00e9 f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>1 et le 3 janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2, la tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion a \u00e9t\u00e9 con<span class=\"_ _5\"/>clue ap<span class=\"_ _5\"/>r\u00e8s avoi<span class=\"_ _5\"/>r obtenu l<span class=\"_ _5\"/>es app<span class=\"_ _5\"/>robati<span class=\"_ _5\"/>ons r\u00e9g<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>ntaire<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En tan<span class=\"_ _5\"/>t qu'inter<span class=\"_ _5\"/>m\u00e9diai<span class=\"_ _5\"/>re enre<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>r\u00e9 de ban<span class=\"_ _5\"/>cas<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce, bp<span class=\"_ _5\"/>ost di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibue de<span class=\"_ _5\"/>s pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de banq<span class=\"_ _5\"/>ue et d'as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce pour le co<span class=\"_ _5\"/>mpte de bp<span class=\"_ _5\"/>ost</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ban<span class=\"_ _5\"/>que. bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, en sa qu<span class=\"_ _5\"/>alit\u00e9 de pr<span class=\"_ _5\"/>est<span class=\"_ _5\"/>atai<span class=\"_ _5\"/>re de se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices<span class=\"_ _5\"/>, four<span class=\"_ _5\"/>niss<span class=\"_ _5\"/>ait en o<span class=\"_ _5\"/>utre de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivi<span class=\"_ _5\"/>t\u00e9s de ba<span class=\"_ _5\"/>ck \u2013 off<span class=\"_ _5\"/>ice et d'aut<span class=\"_ _5\"/>res se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices a<span class=\"_ _5\"/>uxilia<span class=\"_ _5\"/>ires \u00e0</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que.</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipaux p<span class=\"_ _5\"/>roduit<span class=\"_ _5\"/>s de ba<span class=\"_ _5\"/>ncas<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ance dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibu\u00e9s p<span class=\"_ _5\"/>ar bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que par le b<span class=\"_ _5\"/>iais de bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>ont les co<span class=\"_ _5\"/>mptes \u00e0 v<span class=\"_ _5\"/>ue, le<span class=\"_ _5\"/>s compte<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>\u00e9pa<span class=\"_ _5\"/>rgne<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les co<span class=\"_ _5\"/>mptes \u00e0 te<span class=\"_ _5\"/>rme, d<span class=\"_ _5\"/>es cer<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e d\u00e9p\u00f4<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t de fond<span class=\"_ _5\"/>s ou des p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>\u00e9s fou<span class=\"_ _5\"/>rnis pa<span class=\"_ _5\"/>r BNPPF<span class=\"_ _1\"/>, re<span class=\"_ _5\"/>spe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>iveme<span class=\"_ _5\"/>nt les as<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ances a<span class=\"_ _5\"/>cci-</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">den<span class=\"_ _5\"/>t et/ou mal<span class=\"_ _5\"/>adie et l<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s li\u00e9s a<span class=\"_ _5\"/>ux rente<span class=\"_ _5\"/>s et pe<span class=\"_ _5\"/>nsion<span class=\"_ _5\"/>s, en ce co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s les as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nces \u2013 vi<span class=\"_ _5\"/>e \u201cbran<span class=\"_ _5\"/>che 21\u201d et \u201cbr<span class=\"_ _5\"/>anche 2<span class=\"_ _5\"/>3\u201d pr<span class=\"_ _5\"/>opos<span class=\"_ _5\"/>\u00e9es pa<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">AG Insurance.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que n'exerce a<span class=\"_ _5\"/>ucune a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9 de ge<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ion d'act<span class=\"_ _5\"/>ifs<span class=\"_ _5\"/>, de ban<span class=\"_ _5\"/>que pr<span class=\"_ _5\"/>iv\u00e9e ou d<span class=\"_ _5\"/>e pr\u00eat<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>ux.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 31 mar<span class=\"_ _5\"/>s 2021, B<span class=\"_ _5\"/>NPPF et bp<span class=\"_ _5\"/>ost o<span class=\"_ _5\"/>nt annon<span class=\"_ _5\"/>c\u00e9 un nou<span class=\"_ _5\"/>veau mo<span class=\"_ _5\"/>d\u00e8le de co<span class=\"_ _5\"/>llabor<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, sel<span class=\"_ _5\"/>on lequ<span class=\"_ _5\"/>el bpo<span class=\"_ _5\"/>st cont<span class=\"_ _5\"/>inuer<span class=\"_ _5\"/>a \u00e0 dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uer au mo<span class=\"_ _5\"/>ins</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jus<span class=\"_ _5\"/>qu\u2019<span class=\"_ _d\"/>au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2028 \u2013 en t<span class=\"_ _5\"/>ant qu'inte<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>diaire en<span class=\"_ _5\"/>regis<span class=\"_ _5\"/>tr\u00e9 d<span class=\"_ _5\"/>e banc<span class=\"_ _5\"/>assu<span class=\"_ _5\"/>rance \u2013 d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de ban<span class=\"_ _5\"/>cas<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce pour le co<span class=\"_ _5\"/>mpte de b<span class=\"_ _5\"/>post</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ban<span class=\"_ _5\"/>que \u00e0 tr<span class=\"_ _5\"/>avers s<span class=\"_ _5\"/>on r\u00e9s<span class=\"_ _5\"/>eau de b<span class=\"_ _5\"/>ureaux d<span class=\"_ _5\"/>e pos<span class=\"_ _5\"/>te.</div>\n<div class=\"t m0 x5 h7 y91 ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">Accord<span class=\"_ _d\"/> de partenariat pour la<span class=\"_ _d\"/> bancassurance</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n entre b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t et BNPP<span class=\"_ _5\"/>F concer<span class=\"_ _5\"/>nant bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque \u00e9<span class=\"_ _5\"/>tait d\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>ie dans un ac<span class=\"_ _5\"/>cord de par<span class=\"_ _5\"/>te<span class=\"_ _5\"/>naria<span class=\"_ _5\"/>t banca<span class=\"_ _5\"/>ire, qui a e<span class=\"_ _5\"/>xpir\u00e9 l<span class=\"_ _5\"/>e 3 janvier</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2 et a \u00e9t\u00e9 re<span class=\"_ _5\"/>mpla<span class=\"_ _5\"/>c\u00e9 par un ca<span class=\"_ _5\"/>dre de dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibutio<span class=\"_ _5\"/>n, de gou<span class=\"_ _5\"/>vern<span class=\"_ _5\"/>ance et d'aut<span class=\"_ _5\"/>res ac<span class=\"_ _5\"/>cords ann<span class=\"_ _5\"/>exes s<span class=\"_ _5\"/>ign\u00e9<span class=\"_ _5\"/>s par bpo<span class=\"_ _5\"/>st, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e et BNPP<span class=\"_ _5\"/>F le</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">3 janvi<span class=\"_ _5\"/>er 202<span class=\"_ _5\"/>2.</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019accord d<span class=\"_ _5\"/>e dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion ave<span class=\"_ _5\"/>c bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que pr\u00e9<span class=\"_ _5\"/>voit en su<span class=\"_ _5\"/>bst<span class=\"_ _5\"/>ance que b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est<span class=\"_ _5\"/>, sou<span class=\"_ _5\"/>s r\u00e9se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ve de cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>aines e<span class=\"_ _5\"/>xcept<span class=\"_ _5\"/>ions pr<span class=\"_ _5\"/>\u00e9vue<span class=\"_ _5\"/>s dans l\u2019accord<span class=\"_ _5\"/>, le</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uteur e<span class=\"_ _5\"/>xclusi<span class=\"_ _5\"/>f des pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s et s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que via s<span class=\"_ _5\"/>on r\u00e9s<span class=\"_ _5\"/>eau de b<span class=\"_ _5\"/>ureaux d<span class=\"_ _5\"/>e pos<span class=\"_ _5\"/>te.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts d'as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce d'<span class=\"_ _d\"/>AG Ins<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ce sont pr<span class=\"_ _5\"/>opos<span class=\"_ _5\"/>\u00e9s et co<span class=\"_ _5\"/>mmerc<span class=\"_ _5\"/>ialis\u00e9<span class=\"_ _5\"/>s via bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque e<span class=\"_ _5\"/>n recour<span class=\"_ _5\"/>ant au r\u00e9<span class=\"_ _5\"/>seau d<span class=\"_ _5\"/>e dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t.</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n entre A<span class=\"_ _5\"/>G Insur<span class=\"_ _5\"/>ance, bp<span class=\"_ _5\"/>ost b<span class=\"_ _5\"/>anque e<span class=\"_ _5\"/>t bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t d\u00e9f<span class=\"_ _5\"/>inie dan<span class=\"_ _5\"/>s un accord d<span class=\"_ _5\"/>e par<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat d'ass<span class=\"_ _5\"/>urance q<span class=\"_ _5\"/>ui a exp<span class=\"_ _5\"/>ir\u00e9 le 31 d\u00e9ce<span class=\"_ _5\"/>mbre</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">2021<span class=\"_ _5\"/>. Suite au la<span class=\"_ _5\"/>nceme<span class=\"_ _5\"/>nt d'une de<span class=\"_ _5\"/>mande d<span class=\"_ _5\"/>e propo<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>ns en f\u00e9<span class=\"_ _5\"/>vrie<span class=\"_ _5\"/>r 2020, bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque a s<span class=\"_ _5\"/>\u00e9lec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nn\u00e9 AG Ins<span class=\"_ _5\"/>urance p<span class=\"_ _5\"/>our eng<span class=\"_ _5\"/>ager de<span class=\"_ _5\"/>s n\u00e9go<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ciat<span class=\"_ _5\"/>ions cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lles<span class=\"_ _5\"/>, qui ont ab<span class=\"_ _5\"/>outi \u00e0 la s<span class=\"_ _5\"/>ignatur<span class=\"_ _5\"/>e d'un nouve<span class=\"_ _5\"/>l accord d<span class=\"_ _5\"/>e par<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat d'ass<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ce le 16 d\u00e9cem<span class=\"_ _5\"/>bre 2021, e<span class=\"_ _5\"/>ntr\u00e9 e<span class=\"_ _5\"/>n vigue<span class=\"_ _5\"/>ur le</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1er janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2. Le co<span class=\"_ _5\"/>ntrat d<span class=\"_ _5\"/>e dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion pr<span class=\"_ _5\"/>\u00e9voit un d<span class=\"_ _5\"/>roit d'acc\u00e8s<span class=\"_ _5\"/>, des co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sions s<span class=\"_ _5\"/>ur tous le<span class=\"_ _5\"/>s produ<span class=\"_ _5\"/>its d'as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce vend<span class=\"_ _5\"/>us par bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sions a<span class=\"_ _5\"/>dditi<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lles si cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ains ob<span class=\"_ _5\"/>jec<span class=\"_ _5\"/>tifs d<span class=\"_ _5\"/>e vente s<span class=\"_ _5\"/>ont at<span class=\"_ _5\"/>teint<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que a ver<span class=\"_ _5\"/>s\u00e9 \u00e0 bp<span class=\"_ _5\"/>ost u<span class=\"_ _5\"/>ne commis<span class=\"_ _5\"/>sion f<span class=\"_ _5\"/>ix\u00e9<span class=\"_ _5\"/>e selo<span class=\"_ _5\"/>n les con<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>ns du marc<span class=\"_ _5\"/>h\u00e9 pour l<span class=\"_ _5\"/>a dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion de p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts de b<span class=\"_ _5\"/>anca<span class=\"_ _5\"/>ssur<span class=\"_ _5\"/>ance e<span class=\"_ _5\"/>t la</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9al<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on de cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>aines a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s de back \u2013 o<span class=\"_ _5\"/>ffice<span class=\"_ _5\"/>. Le mont<span class=\"_ _5\"/>ant de la co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sion po<span class=\"_ _5\"/>ur la dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de banc<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ce d\u00e9pe<span class=\"_ _5\"/>n-</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dait<span class=\"_ _5\"/>, entr<span class=\"_ _5\"/>e autre<span class=\"_ _5\"/>s, de l<span class=\"_ _5\"/>a marge d'int\u00e9<span class=\"_ _5\"/>r\u00eat r\u00e9<span class=\"_ _5\"/>alis\u00e9<span class=\"_ _5\"/>e par bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque, d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s sous ge<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ion et de<span class=\"_ _5\"/>s vente<span class=\"_ _5\"/>s de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncie<span class=\"_ _5\"/>rs/d'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ance</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9al<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s par le r\u00e9<span class=\"_ _5\"/>seau R<span class=\"_ _5\"/>etail d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t. Le r<span class=\"_ _5\"/>evenu to<span class=\"_ _5\"/>tal li\u00e9 a<span class=\"_ _5\"/>ux pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s banc<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>t fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s s\u2019est \u00e9l<span class=\"_ _5\"/>ev\u00e9 \u00e0 143,<span class=\"_ _5\"/>3 mEUR en 20<span class=\"_ _5\"/>22 (2021 : 149,7</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mEUR), don<span class=\"_ _5\"/>t un mont<span class=\"_ _5\"/>ant impo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tant e<span class=\"_ _5\"/>st li\u00e9 \u00e0 l<span class=\"_ _5\"/>a commis<span class=\"_ _5\"/>sion ve<span class=\"_ _5\"/>rs\u00e9<span class=\"_ _5\"/>e par bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque. L<span class=\"_ _5\"/>e mont<span class=\"_ _5\"/>ant d\u00fb par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banque \u00e0 b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t au 31 d\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2 s'<span class=\"_ _d\"/>\u00e9le<span class=\"_ _5\"/>vait \u00e0 5,<span class=\"_ _5\"/>3 mEUR (202<span class=\"_ _5\"/>1 : 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>5 mEUR).</div>\n<div class=\"t m0 x5 h7 y5b ff5 fs3 fc2 sc0 ls40 ws62\" style=\"z-index: 15;\">Fonds de roulement</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que ava<span class=\"_ _5\"/>it mis un fon<span class=\"_ _5\"/>ds de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt de 12,<span class=\"_ _5\"/>0 mEUR \u00e0 la dis<span class=\"_ _5\"/>posit<span class=\"_ _5\"/>ion de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t, san<span class=\"_ _5\"/>s gara<span class=\"_ _5\"/>ntie ni p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nt d\u2019int\u00e9<span class=\"_ _5\"/>r\u00eat par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t. Ce fo<span class=\"_ _5\"/>nds</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt est r<span class=\"_ _5\"/>es<span class=\"_ _5\"/>t\u00e9 \u00e0 la disp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>n de bpo<span class=\"_ _5\"/>st tou<span class=\"_ _5\"/>t au long de l<span class=\"_ _5\"/>a dur\u00e9e d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>accor<span class=\"_ _5\"/>d de par<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>ariat ba<span class=\"_ _5\"/>ncair<span class=\"_ _5\"/>e, jusq<span class=\"_ _5\"/>u\u2019<span class=\"_ _d\"/>au 3 janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2.</div>\n<div class=\"t m0 x5 h7 y5f ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">Emprunt subordonn\u00e9</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 11 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2019, bpos<span class=\"_ _5\"/>t a accord<span class=\"_ _5\"/>\u00e9 \u00e0 bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que un emp<span class=\"_ _5\"/>runt su<span class=\"_ _5\"/>bord<span class=\"_ _5\"/>onn\u00e9 s\u2019\u00e9lev<span class=\"_ _5\"/>ant \u00e0 25<span class=\"_ _5\"/>,0 mEUR<span class=\"_ _5\"/>, dont la ma<span class=\"_ _5\"/>turit\u00e9 e<span class=\"_ _5\"/>st de 10 a<span class=\"_ _5\"/>ns et ave<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une p<span class=\"_ _5\"/>remi\u00e8<span class=\"_ _5\"/>re date d\u2019exerc<span class=\"_ _5\"/>ice de l\u2019optio<span class=\"_ _5\"/>n de rac<span class=\"_ _5\"/>hat apr\u00e8<span class=\"_ _5\"/>s 5 ans<span class=\"_ _5\"/>. Cet emp<span class=\"_ _5\"/>runt a \u00e9<span class=\"_ _5\"/>t\u00e9 remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>\u00e9 \u00e0 bpos<span class=\"_ _5\"/>t le 3 janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2, par<span class=\"_ _5\"/>all\u00e8le<span class=\"_ _5\"/>ment \u00e0 la</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n par laqu<span class=\"_ _5\"/>elle BN<span class=\"_ _5\"/>PPF a acquis l<span class=\"_ _5\"/>es 50<span class=\"_ _5\"/>% de par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cipati<span class=\"_ _5\"/>ons de bp<span class=\"_ _5\"/>ost da<span class=\"_ _5\"/>ns bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que.</div>\n<div class=\"t m0 x5 h7 y65 ff7 fs3 fc2 sc0 lsc wsd\" style=\"z-index: 15;\">Jofi<span class=\"_ _5\"/>co</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 4 nov<span class=\"_ _5\"/>embre 2019, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t SA<span class=\"_ _5\"/>, A<span class=\"_ _5\"/>X<span class=\"_ _5\"/>A Ban<span class=\"_ _5\"/>k Belg<span class=\"_ _5\"/>ium SA<span class=\"_ _5\"/>, Cre<span class=\"_ _5\"/>lan S<span class=\"_ _5\"/>A, A<span class=\"_ _5\"/>rgent<span class=\"_ _5\"/>a Ban<span class=\"_ _5\"/>que d\u2019\u00e9parg<span class=\"_ _5\"/>ne SA e<span class=\"_ _5\"/>t vdk bank S<span class=\"_ _5\"/>A ont int\u00e9<span class=\"_ _5\"/>gr\u00e9 la co \u2013 en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u201c<span class=\"_ _3b\"/>Jo<span class=\"_ _5\"/>fico C<span class=\"_ _5\"/>V<span class=\"_ _5\"/>\u201d<span class=\"_ _1\"/>. Ce<span class=\"_ _5\"/>tte co \u2013 e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>e, au sei<span class=\"_ _5\"/>n de laqu<span class=\"_ _5\"/>elle cha<span class=\"_ _5\"/>que ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>naire d\u00e9<span class=\"_ _5\"/>tient u<span class=\"_ _5\"/>ne par<span class=\"_ _5\"/>t \u00e9g<span class=\"_ _5\"/>ale, vis<span class=\"_ _5\"/>e \u00e0 met<span class=\"_ _5\"/>tre e<span class=\"_ _5\"/>n \u0153uv<span class=\"_ _5\"/>re un mod<span class=\"_ _5\"/>\u00e8le de dis<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>ibuteu<span class=\"_ _5\"/>r automat<span class=\"_ _5\"/>ique de b<span class=\"_ _5\"/>illet<span class=\"_ _5\"/>s en ta<span class=\"_ _5\"/>nt que se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice, e<span class=\"_ _5\"/>n ver<span class=\"_ _5\"/>tu duq<span class=\"_ _5\"/>uel les e<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>icipante<span class=\"_ _5\"/>s combi<span class=\"_ _5\"/>neron<span class=\"_ _5\"/>t leurs f<span class=\"_ _5\"/>orces p<span class=\"_ _5\"/>our l'achat e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'entre<span class=\"_ _5\"/>tien d<span class=\"_ _5\"/>e leur r\u00e9<span class=\"_ _5\"/>seau re<span class=\"_ _5\"/>spe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if de dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uteur<span class=\"_ _5\"/>s autom<span class=\"_ _5\"/>atique<span class=\"_ _5\"/>s de bille<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e banqu<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 980px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 102px; height: 980px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 102px; height: 980px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">d) <span class=\"_ _de\"> </span>R\u00e9mun\u00e9ration des<span class=\"_ _d\"/> principaux dirigean<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es de la dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tion pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>ale son<span class=\"_ _5\"/>t les pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnes d<span class=\"_ _5\"/>ont l'autor<span class=\"_ _5\"/>it\u00e9 et la re<span class=\"_ _5\"/>spo<span class=\"_ _5\"/>nsabi<span class=\"_ _5\"/>lit\u00e9 inf<span class=\"_ _5\"/>luent s<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>or<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>ation s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>at\u00e9giq<span class=\"_ _5\"/>ue de l'en-</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e. Au s<span class=\"_ _5\"/>ein de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, la dire<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on pri<span class=\"_ _5\"/>ncipal<span class=\"_ _5\"/>e est co<span class=\"_ _5\"/>mpos<span class=\"_ _5\"/>\u00e9e de tou<span class=\"_ _5\"/>s les me<span class=\"_ _5\"/>mbre<span class=\"_ _5\"/>s du Cons<span class=\"_ _5\"/>eil d'<span class=\"_ _d\"/>Ad<span class=\"_ _5\"/>minis<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>ion, y com<span class=\"_ _5\"/>pris le C<span class=\"_ _5\"/>EO<span class=\"_ _d\"/>, et d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls5d ws71\" style=\"z-index: 15;\">l\u2019E<span class=\"_ _5\"/>xecutive Committe<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Comm<span class=\"_ _5\"/>e d\u00e9c<span class=\"_ _5\"/>rit dan<span class=\"_ _5\"/>s le Rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t de R\u00e9mu<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>tion, l<span class=\"_ _5\"/>a Politi<span class=\"_ _5\"/>que de R\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>ation f<span class=\"_ _5\"/>ix<span class=\"_ _5\"/>ant les pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>es de r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on des m<span class=\"_ _5\"/>embre<span class=\"_ _5\"/>s non</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ex\u00e9<span class=\"_ _5\"/>cutif<span class=\"_ _5\"/>s du Con<span class=\"_ _5\"/>seil d'Admini<span class=\"_ _5\"/>str<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, du CEO et de<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res de l<span class=\"_ _5\"/>\u2019Exe<span class=\"_ _5\"/>cuti<span class=\"_ _5\"/>ve Comm<span class=\"_ _5\"/>itte<span class=\"_ _5\"/>e a \u00e9t\u00e9 app<span class=\"_ _5\"/>rouv\u00e9<span class=\"_ _5\"/>e par l'As<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>bl\u00e9e G<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>ale des</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>naire<span class=\"_ _5\"/>s du 12 mai 20<span class=\"_ _5\"/>21. Cet<span class=\"_ _5\"/>te Poli<span class=\"_ _5\"/>tique d<span class=\"_ _5\"/>e R\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t appl<span class=\"_ _5\"/>icabl<span class=\"_ _5\"/>e depui<span class=\"_ _5\"/>s le 1er janvie<span class=\"_ _5\"/>r 2021. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t n<span class=\"_ _d\"/>'y a p<span class=\"_ _5\"/>as d\u00e9ro<span class=\"_ _5\"/>g\u00e9 au cour<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">l'<span class=\"_ _d\"/>exercice 2022.</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es du Con<span class=\"_ _5\"/>seil d'Admini<span class=\"_ _5\"/>str<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, excep<span class=\"_ _5\"/>tion f<span class=\"_ _5\"/>aite du CEO, so<span class=\"_ _5\"/>nt habili<span class=\"_ _5\"/>t\u00e9s \u00e0 re<span class=\"_ _5\"/>cevoir (i) un<span class=\"_ _5\"/>e r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion men<span class=\"_ _5\"/>suell<span class=\"_ _5\"/>e fixe<span class=\"_ _5\"/>, ainsi qu\u2019un (ii)</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jeto<span class=\"_ _5\"/>n de pr\u00e9<span class=\"_ _5\"/>sence p<span class=\"_ _5\"/>ar r\u00e9un<span class=\"_ _5\"/>ion du Com<span class=\"_ _5\"/>it\u00e9 consu<span class=\"_ _5\"/>ltatif \u00e0 l<span class=\"_ _5\"/>aque<span class=\"_ _5\"/>lle ils as<span class=\"_ _5\"/>sis<span class=\"_ _5\"/>tent<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, la r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation to<span class=\"_ _5\"/>tale pay\u00e9<span class=\"_ _5\"/>e aux m<span class=\"_ _5\"/>embre<span class=\"_ _5\"/>s du Cons<span class=\"_ _5\"/>eil d'Adminis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ation (\u00e0 l'excep<span class=\"_ _5\"/>tion du CEO) s'es<span class=\"_ _5\"/>t \u00e9lev\u00e9<span class=\"_ _5\"/>e \u00e0 0,5 m<span class=\"_ _5\"/>EUR (2021 : 0,<span class=\"_ _5\"/>5</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls39 ws41\" style=\"z-index: 15;\">mEU<span class=\"_ _5\"/>R).</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pa<span class=\"_ _5\"/>ckage de r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on du CEO et de<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res de l<span class=\"_ _5\"/>\u2019Exe<span class=\"_ _5\"/>cuti<span class=\"_ _5\"/>ve Comm<span class=\"_ _5\"/>itte<span class=\"_ _5\"/>e se comp<span class=\"_ _5\"/>ose (i) d'un<span class=\"_ _5\"/>e r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion de ba<span class=\"_ _5\"/>se f<span class=\"_ _5\"/>ixe, (ii) d'une</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>le \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me, (iii) de co<span class=\"_ _5\"/>tisat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e retr<span class=\"_ _5\"/>aite et (i<span class=\"_ _5\"/>v) de dive<span class=\"_ _5\"/>rs aut<span class=\"_ _5\"/>res ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour l\u2019exe<span class=\"_ _5\"/>rcice se c<span class=\"_ _5\"/>l\u00f4tura<span class=\"_ _5\"/>nt au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2, un<span class=\"_ _5\"/>e r\u00e9mun\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ion tota<span class=\"_ _5\"/>le de 5,4 mEUR (2<span class=\"_ _5\"/>021 : 4,<span class=\"_ _5\"/>5 mEUR), hor<span class=\"_ _5\"/>s r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>, a \u00e9t\u00e9</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>s\u00e9e a<span class=\"_ _5\"/>u CEO et aux m<span class=\"_ _5\"/>embre<span class=\"_ _5\"/>s de l\u2019E<span class=\"_ _5\"/>xec<span class=\"_ _5\"/>utive C<span class=\"_ _5\"/>ommit<span class=\"_ _5\"/>tee<span class=\"_ _5\"/>. Elle peu<span class=\"_ _5\"/>t \u00eatre ve<span class=\"_ _5\"/>ntil\u00e9<span class=\"_ _5\"/>e comme su<span class=\"_ _5\"/>it :</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>R\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation de b<span class=\"_ _5\"/>ase : 4.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>42.070,71 EUR (2021 : 3.0<span class=\"_ _5\"/>90<span class=\"_ _5\"/>.667<span class=\"_ _d\"/>,78 EUR) ;</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Coti<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons de re<span class=\"_ _5\"/>trai<span class=\"_ _5\"/>te : 718.<span class=\"_ _5\"/>54<span class=\"_ _5\"/>9,51 EUR (2021 : 3<span class=\"_ _5\"/>53.<span class=\"_ _5\"/>110,5<span class=\"_ _5\"/>4 EUR) ;</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Aut<span class=\"_ _5\"/>res ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s : 325<span class=\"_ _5\"/>.5<span class=\"_ _5\"/>83<span class=\"_ _5\"/>,39 EU<span class=\"_ _5\"/>R (2021 : 1<span class=\"_ _d\"/>77.44<span class=\"_ _5\"/>5,3<span class=\"_ _5\"/>8 EUR).</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En out<span class=\"_ _5\"/>re, le CEO et le<span class=\"_ _5\"/>s mem<span class=\"_ _5\"/>bres de l<span class=\"_ _5\"/>\u2019E<span class=\"_ _5\"/>xecut<span class=\"_ _5\"/>ive Comm<span class=\"_ _5\"/>itte<span class=\"_ _5\"/>e ont re<span class=\"_ _5\"/>\u00e7u en 202<span class=\"_ _5\"/>2 une r\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n varia<span class=\"_ _5\"/>ble glob<span class=\"_ _5\"/>ale de 1.<span class=\"_ _5\"/>378.<span class=\"_ _5\"/>351,4<span class=\"_ _5\"/>9 EUR (2021 :</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">897<span class=\"_ _d\"/>.6<span class=\"_ _5\"/>54,<span class=\"_ _5\"/>35 EU<span class=\"_ _5\"/>R) \u00e9tan<span class=\"_ _5\"/>t donn\u00e9 q<span class=\"_ _5\"/>ue les ob<span class=\"_ _5\"/>jec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s collec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s et les o<span class=\"_ _5\"/>bjec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s de per<span class=\"_ _5\"/>f<span class=\"_ _5\"/>orman<span class=\"_ _5\"/>ce indiv<span class=\"_ _5\"/>iduel<span class=\"_ _5\"/>le pour l'ann\u00e9<span class=\"_ _5\"/>e qui s'es<span class=\"_ _5\"/>t termin<span class=\"_ _5\"/>\u00e9e le 31</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>cembre 20<span class=\"_ _5\"/>21 ont \u00e9t\u00e9 a<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>ints (l'\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n de 2021 a \u00e9<span class=\"_ _5\"/>t\u00e9 ache<span class=\"_ _5\"/>v\u00e9e en 20<span class=\"_ _5\"/>22).</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Auc<span class=\"_ _5\"/>une ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>, optio<span class=\"_ _5\"/>n d'achat d'ac<span class=\"_ _5\"/>tions o<span class=\"_ _5\"/>u aucun a<span class=\"_ _5\"/>utre dro<span class=\"_ _5\"/>it d'acqu\u00e9r<span class=\"_ _5\"/>ir des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions (ou aut<span class=\"_ _5\"/>re r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>n act<span class=\"_ _5\"/>ions) n'a \u00e9t\u00e9 oc<span class=\"_ _5\"/>troy\u00e9<span class=\"_ _5\"/>(<span class=\"_ _d\"/>e)</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ou e<span class=\"_ _5\"/>xerc\u00e9(e) par le CEO ou l<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res me<span class=\"_ _5\"/>mbre<span class=\"_ _5\"/>s de l\u2019E<span class=\"_ _5\"/>xecu<span class=\"_ _5\"/>tive Co<span class=\"_ _5\"/>mmit<span class=\"_ _5\"/>tee ou n'a exp<span class=\"_ _5\"/>ir\u00e9 en 202<span class=\"_ _5\"/>2. Au<span class=\"_ _5\"/>cune op<span class=\"_ _5\"/>tion re<span class=\"_ _5\"/>levan<span class=\"_ _5\"/>t de pr\u00e9<span class=\"_ _5\"/>c\u00e9den<span class=\"_ _5\"/>ts pl<span class=\"_ _5\"/>ans</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'optio<span class=\"_ _5\"/>n sur ac<span class=\"_ _5\"/>tion n'\u00e9ta<span class=\"_ _5\"/>it enco<span class=\"_ _5\"/>re due po<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xercice 2<span class=\"_ _5\"/>022<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Un r\u00e9<span class=\"_ _5\"/>capit<span class=\"_ _5\"/>ulatif p<span class=\"_ _5\"/>lus d\u00e9t<span class=\"_ _5\"/>aill\u00e9 de la r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on de la dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tion pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>ale de bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>t de la pol<span class=\"_ _5\"/>itiqu<span class=\"_ _5\"/>e de r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t figu<span class=\"_ _5\"/>re dans le</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">Rappor<span class=\"_ _5\"/>t de R\u00e9mun\u00e9ration.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 537px; height: 545px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 537px; height: 545px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 537px; height: 545px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y53 ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>34 <span class=\"_ _38\"/>Soci\u00e9t\u00e9s du g<span class=\"_ _d\"/>roupe</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">Les act<span class=\"_ _5\"/>ivit\u00e9s commerciales des principales filiales peuvent \u00eat<span class=\"_ _5\"/>re d\u00e9crites comme suit :</div>\n<div class=\"t m0 x5 h7 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 ls40 ws62\">Aldipress</span> es<span class=\"_ _5\"/>t ac<span class=\"_ _5\"/>tive s<span class=\"_ _5\"/>ur le march<span class=\"_ _5\"/>\u00e9 n\u00e9er<span class=\"_ _5\"/>land<span class=\"_ _5\"/>ais en ta<span class=\"_ _5\"/>nt que dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuteu<span class=\"_ _5\"/>r de maga<span class=\"_ _5\"/>zines<span class=\"_ _5\"/>, de ban<span class=\"_ _5\"/>des de<span class=\"_ _5\"/>ssin<span class=\"_ _5\"/>\u00e9es<span class=\"_ _5\"/>, de rom<span class=\"_ _5\"/>ans et de l<span class=\"_ _5\"/>ivre<span class=\"_ _5\"/>s \u2013 puz<span class=\"_ _5\"/>zle.</div>\n<div class=\"t m0 x5 h7 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ws37\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s <span class=\"ff7 lsae wsc8\">d<span class=\"_ _d\"/>\u2019<span class=\"_ _d\"/>Activ<span class=\"_ _1\"/>e Ants<span class=\"_ _d\"/><span class=\"ff4 ls0 ws37\"> conce<span class=\"_ _5\"/>rne<span class=\"_ _5\"/>nt l\u2019<span class=\"_ _d\"/>e \u2013 ful<span class=\"_ _5\"/>film<span class=\"_ _5\"/>ent tr<span class=\"_ _5\"/>ansf<span class=\"_ _5\"/>ront<span class=\"_ _5\"/>alier p<span class=\"_ _5\"/>our les b<span class=\"_ _5\"/>outi<span class=\"_ _5\"/>ques e<span class=\"_ _5\"/>n ligne, y co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s le sto<span class=\"_ _5\"/>ckage, la co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>te, l\u2019embal<span class=\"ws0\">-</span></span></span></span></div>\n<div class=\"t m0 x2a h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lage, l<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>spor<span class=\"_ _5\"/>t e<span class=\"_ _5\"/>t la ges<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s reto<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 ls52 ws63\">AMP</span> es<span class=\"_ _5\"/>t un ac<span class=\"_ _5\"/>teur de pr<span class=\"_ _5\"/>emie<span class=\"_ _5\"/>r plan sur le m<span class=\"_ _5\"/>arch\u00e9 b<span class=\"_ _5\"/>elge de la d<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ion de la p<span class=\"_ _5\"/>res<span class=\"_ _5\"/>se ave<span class=\"_ _5\"/>c un gran<span class=\"_ _5\"/>d nomb<span class=\"_ _5\"/>re de poi<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e vente de<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vis et</div>\n<div class=\"t m0 x2a h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un gr<span class=\"_ _5\"/>and no<span class=\"_ _5\"/>mbre de t<span class=\"_ _5\"/>itre<span class=\"_ _5\"/>s dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t m0 x5 h7 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>L<span class=\"_ _3b\"/>'ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9 de <span class=\"ff5 ls35 ws3b\">Apple</span> <span class=\"ff5 ls35 ws3b\">Express Courier (<span class=\"_ _d\"/>Miami)<span class=\"ff4 ls0 ws0\"> et de </span>Apple<span class=\"ff4 ls0 ws0\"> </span><span class=\"ls4e ws5d\">Express<span class=\"ff4 ls0 ws0\"> </span></span>Courier (<span class=\"_ _d\"/>Canada)<span class=\"_ _d\"/><span class=\"ff4 ls0 ws0\"> so<span class=\"_ _5\"/>nt des e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es de log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ique et d<span class=\"_ _5\"/>e cha\u00eene d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ap<span class=\"_ _5\"/>-</span></span></div>\n<div class=\"t m0 x2a h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt sp\u00e9<span class=\"_ _5\"/>cialis<span class=\"_ _5\"/>\u00e9es da<span class=\"_ _5\"/>ns le tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t rapi<span class=\"_ _5\"/>de et sp<span class=\"_ _5\"/>\u00e9cial<span class=\"_ _5\"/>is\u00e9 hau<span class=\"_ _5\"/>t de gamm<span class=\"_ _5\"/>e et les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s d\u2019entre<span class=\"_ _5\"/>posag<span class=\"_ _5\"/>e, aller e<span class=\"_ _5\"/>t retour \u00e0 v<span class=\"_ _5\"/>aleur</div>\n<div class=\"t m0 x2a h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ajou<span class=\"_ _5\"/>t\u00e9e, e<span class=\"_ _5\"/>t ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce de livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n au der<span class=\"_ _5\"/>nier k<span class=\"_ _5\"/>ilom\u00e8<span class=\"_ _5\"/>tre au C<span class=\"_ _5\"/>anada<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 ls33 ws7a\">bpost</span> <span class=\"ff5 ls33 ws7a\">Singapo<span class=\"_ _5\"/>re</span> et <span class=\"ff7\">bpos<span class=\"_ _5\"/>t Ho<span class=\"_ _5\"/>ng Kong</span> fo<span class=\"_ _5\"/>urnis<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>t un \u00e9vent<span class=\"_ _5\"/>ail comp<span class=\"_ _5\"/>let de s<span class=\"_ _5\"/>olutio<span class=\"_ _5\"/>ns de liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on et d<span class=\"_ _5\"/>e logis<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>, en ce comp<span class=\"_ _5\"/>ris le tr<span class=\"_ _5\"/>aite<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t des pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s et du co<span class=\"_ _5\"/>urri<span class=\"_ _5\"/>er tra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>ronta<span class=\"_ _5\"/>lier<span class=\"_ _5\"/>s et le ful<span class=\"_ _5\"/>film<span class=\"_ _5\"/>ent de l\u2019e \u2013 comme<span class=\"_ _5\"/>rce. Elle<span class=\"_ _5\"/>s se cons<span class=\"_ _5\"/>acre<span class=\"_ _5\"/>nt sur<span class=\"_ _5\"/>tout \u00e0 la co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>te dire<span class=\"_ _5\"/>cte de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">paq<span class=\"_ _5\"/>uet<span class=\"_ _5\"/>s prove<span class=\"_ _5\"/>nant des s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9s d'e \u2013 comm<span class=\"_ _5\"/>erce et de<span class=\"_ _5\"/>s entr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises d'ou<span class=\"_ _5\"/>tre \u2013 Atla<span class=\"_ _5\"/>ntiqu<span class=\"_ _5\"/>e en vue d<span class=\"_ _5\"/>e leur liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on en Euro<span class=\"_ _5\"/>pe et da<span class=\"_ _5\"/>ns d'autre<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h7 y60 ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">r\u00e9gions. <span class=\"ff5 ls33 ws7a\">bpost Internat<span class=\"_ _5\"/>ional Logistics (Beijing)</span><span class=\"ls0 ws0\"> <span class=\"ff5 ls37 ws3f\">Co</span>. es<span class=\"_ _5\"/>t une f<span class=\"_ _5\"/>iliale de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t Hong Ko<span class=\"_ _5\"/>ng, \u00e9t<span class=\"_ _5\"/>ablie \u00e0 B<span class=\"_ _5\"/>eijin<span class=\"_ _5\"/>g (P\u00e9kin, C<span class=\"_ _5\"/>hine). Cet<span class=\"_ _5\"/>te so<span class=\"_ _5\"/>ci\u00e9t\u00e9 off<span class=\"_ _5\"/>re </span></div>\n<div class=\"t m0 x2a h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une g<span class=\"_ _5\"/>amme com<span class=\"_ _5\"/>pl\u00e8te de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s tra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>ronta<span class=\"_ _5\"/>lier<span class=\"_ _5\"/>s de dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>e paque<span class=\"_ _5\"/>ts a<span class=\"_ _5\"/>ux cy<span class=\"_ _5\"/>ber<span class=\"_ _5\"/>marcha<span class=\"_ _5\"/>nds et a<span class=\"_ _5\"/>ux cons<span class=\"_ _5\"/>olidate<span class=\"_ _5\"/>urs chi<span class=\"_ _5\"/>nois<span class=\"_ _5\"/>, en met-</div>\n<div class=\"t m0 x2a h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>t for<span class=\"_ _5\"/>teme<span class=\"_ _5\"/>nt l'accent sur l<span class=\"_ _5\"/>a livr<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>e paque<span class=\"_ _5\"/>ts a<span class=\"_ _5\"/>ux ach<span class=\"_ _5\"/>eteur<span class=\"_ _5\"/>s d'Europ<span class=\"_ _5\"/>e et du re<span class=\"_ _5\"/>ste du m<span class=\"_ _5\"/>onde<span class=\"_ _5\"/>. Elle es<span class=\"_ _5\"/>t sur<span class=\"_ _5\"/>tout ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ve \u00e0 P\u00e9kin<span class=\"_ _5\"/>, Shang<span class=\"_ _5\"/>hai et</div>\n<div class=\"t m0 x2a h8 y63 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Shenzhen.</div>\n<div class=\"t m0 x5 h7 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls40 ws62\">DynaGroup</span> pro<span class=\"_ _5\"/>pose u<span class=\"_ _5\"/>ne gamm<span class=\"_ _5\"/>e de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices e<span class=\"_ _5\"/>t de logic<span class=\"_ _5\"/>iels l<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s allant d<span class=\"_ _5\"/>e la r\u00e9pa<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>n des ap<span class=\"_ _5\"/>parei<span class=\"_ _5\"/>ls \u00e9le<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>roniqu<span class=\"_ _5\"/>es (des sm<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t<span class=\"_ _d\"/>-</div>\n<div class=\"t m0 x2a h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pho<span class=\"_ _5\"/>nes e<span class=\"_ _5\"/>t des dro<span class=\"_ _5\"/>nes au<span class=\"_ _5\"/>x machin<span class=\"_ _5\"/>es \u00e0 caf<span class=\"_ _5\"/>\u00e9) \u00e0 des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>sonna<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s de livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n d'e \u2013 commer<span class=\"_ _5\"/>ce. Ce, ta<span class=\"_ _5\"/>nt pour d<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uits (te<span class=\"_ _5\"/>ls</div>\n<div class=\"t m0 x2a h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que le<span class=\"_ _5\"/>s smar<span class=\"_ _5\"/>tp<span class=\"_ _5\"/>hone<span class=\"_ _5\"/>s) que pour d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de gr<span class=\"_ _5\"/>ande co<span class=\"_ _5\"/>nsomm<span class=\"_ _5\"/>ation (comm<span class=\"_ _5\"/>e la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on et l\u2019in<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>llatio<span class=\"_ _5\"/>n de gra<span class=\"_ _5\"/>nds t\u00e9l\u00e9<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>, de ma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">chin<span class=\"_ _5\"/>es \u00e0 laver e<span class=\"_ _5\"/>t de me<span class=\"_ _5\"/>ubles). Dy<span class=\"_ _5\"/>naGro<span class=\"_ _5\"/>up four<span class=\"_ _5\"/>nit \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s s\u00fbrs e<span class=\"_ _5\"/>t fiab<span class=\"_ _5\"/>les au<span class=\"_ _5\"/>x gouver<span class=\"_ _5\"/>nem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et aux i<span class=\"_ _5\"/>nsti<span class=\"_ _5\"/>tutio<span class=\"_ _5\"/>ns f<span class=\"_ _5\"/>inanci\u00e8<span class=\"_ _5\"/>res<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x2a h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>e la livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n de pas<span class=\"_ _5\"/>sep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t la fi<span class=\"_ _5\"/>nalisa<span class=\"_ _5\"/>tion de co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts au d<span class=\"_ _5\"/>omicile d<span class=\"_ _5\"/>u client<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ws48\">Eur<span class=\"_ _5\"/>o <span class=\"_ _d\"/>\u2013 Spr<span class=\"_ _5\"/>inte<span class=\"_ _5\"/>rs<span class=\"ff4 ws0\"> g\u00e8r<span class=\"_ _5\"/>e le r\u00e9s<span class=\"_ _5\"/>eau de log<span class=\"_ _5\"/>isti<span class=\"_ _5\"/>ques s<span class=\"_ _5\"/>p\u00e9cia<span class=\"_ _5\"/>les de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t, incl<span class=\"_ _5\"/>uant pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n expr<span class=\"_ _5\"/>ess p<span class=\"_ _5\"/>eu imp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>te la </span></span></div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tai<span class=\"_ _5\"/>lle, 7 jour<span class=\"_ _5\"/>s sur 7<span class=\"_ _d\"/>, 24 heu<span class=\"_ _5\"/>res sur 24, t<span class=\"_ _5\"/>ant en B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>que qu\u2019\u00e0 l\u2019<span class=\"_ _d\"/>\u00e9t<span class=\"_ _5\"/>range<span class=\"_ _5\"/>r<span class=\"_ _d\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 395px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 102px; height: 395px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 102px; height: 980px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h7 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ws4a\">Frei<span class=\"_ _5\"/>ght 4U Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics</span> e<span class=\"_ _5\"/>st un<span class=\"_ _5\"/>e entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e de manu<span class=\"_ _5\"/>tenti<span class=\"_ _5\"/>on au so<span class=\"_ _5\"/>l situ\u00e9<span class=\"_ _5\"/>e pr\u00e8s d<span class=\"_ _5\"/>es a\u00e9r<span class=\"_ _5\"/>opor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s de Br<span class=\"_ _5\"/>uxe<span class=\"_ _5\"/>lles et L<span class=\"_ _5\"/>i\u00e8ge. S<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices in<span class=\"_ _5\"/>cluen<span class=\"_ _5\"/>t le</div>\n<div class=\"t m0 x2a h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9p<span class=\"_ _5\"/>annage du f<span class=\"_ _5\"/>ret<span class=\"_ _5\"/>, le tri e<span class=\"_ _5\"/>t le trai<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t du fre<span class=\"_ _5\"/>t, les a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s douani<span class=\"_ _5\"/>\u00e8res d<span class=\"_ _5\"/>\u2019impor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xpor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t le tra<span class=\"_ _5\"/>nsit du f<span class=\"_ _5\"/>ret<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ws48\">Frei<span class=\"_ _5\"/>ght Dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion Man<span class=\"_ _5\"/>agem<span class=\"_ _5\"/>ent Syst<span class=\"_ _5\"/>ems</span> et <span class=\"ff7 ws48\">F<span class=\"_ _5\"/>DM Ware<span class=\"_ _5\"/>hous<span class=\"_ _5\"/>ing</span><span class=\"ls58 ws69\"> sont s<span class=\"_ _d\"/>p\u00e9cial<span class=\"_ _d\"/>is\u00e9es d<span class=\"_ _d\"/>ans l<span class=\"_ _d\"/>es services c<span class=\"_ _d\"/>lien<span class=\"_ _d\"/>ts personnal<span class=\"_ _d\"/>is\u00e9s d<span class=\"_ _d\"/>ans l<span class=\"_ _d\"/>es </span></div>\n<div class=\"t m0 x2a h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>urs de l'ent<span class=\"_ _5\"/>repo<span class=\"_ _5\"/>sage, du t<span class=\"_ _5\"/>raite<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>t de la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s en Aus<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>lie et en N<span class=\"_ _5\"/>ouve<span class=\"_ _5\"/>lle Z\u00e9lan<span class=\"_ _5\"/>de. La l<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tique p<span class=\"_ _5\"/>our de t<span class=\"_ _5\"/>ierce<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>es (3PL po<span class=\"_ _5\"/>ur Third P<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ty L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s<span class=\"_ _d\"/>), l'entre<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>ge, le tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t et la dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on sont l<span class=\"_ _5\"/>eurs a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h7 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls35 ws3b\">IMX</span> es<span class=\"_ _5\"/>t un pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>aire de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on inter<span class=\"_ _5\"/>nati<span class=\"_ _5\"/>onale ba<span class=\"_ _5\"/>s\u00e9 \u00e0 Par<span class=\"_ _5\"/>is qui off<span class=\"_ _5\"/>re une ga<span class=\"_ _5\"/>mme comp<span class=\"_ _5\"/>l\u00e8te de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de livr<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>on dans le</div>\n<div class=\"t m0 x2a h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>de ent<span class=\"_ _5\"/>ier<span class=\"_ _d\"/>. Gr<span class=\"_ _5\"/>\u00e2ce \u00e0 se<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tena<span class=\"_ _5\"/>ires et \u00e0 s<span class=\"_ _5\"/>es acco<span class=\"_ _5\"/>rds ave<span class=\"_ _5\"/>c plus de 20<span class=\"_ _5\"/>0 lead<span class=\"_ _5\"/>ers de l<span class=\"_ _5\"/>a livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n du der<span class=\"_ _5\"/>nier ki<span class=\"_ _5\"/>lom\u00e8t<span class=\"_ _5\"/>re, IMX o<span class=\"_ _5\"/>ffre un<span class=\"_ _5\"/>e gran<span class=\"_ _5\"/>de</div>\n<div class=\"t m0 x2a h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">var<span class=\"_ _5\"/>i\u00e9t\u00e9 de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on (colis<span class=\"_ _5\"/>, let<span class=\"_ _5\"/>tres<span class=\"_ _5\"/>, publ<span class=\"_ _5\"/>icati<span class=\"_ _5\"/>ons de pr<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>e, envo<span class=\"_ _5\"/>is suiv<span class=\"_ _5\"/>is, li<span class=\"_ _5\"/>vrai<span class=\"_ _5\"/>son ave<span class=\"_ _5\"/>c signatu<span class=\"_ _5\"/>re, reto<span class=\"_ _5\"/>ur de marc<span class=\"_ _5\"/>handis<span class=\"_ _5\"/>es<span class=\"_ _5\"/>, etc.) \u00e0</div>\n<div class=\"t m0 x2a h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un co\u00fbt o<span class=\"_ _5\"/>ptimi<span class=\"_ _5\"/>s\u00e9 d\u00e8s l<span class=\"_ _5\"/>e premi<span class=\"_ _5\"/>er envoi<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 yae ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls35 ws3b\">Landmark</span> <span class=\"ff5 ls35 ws3b\">Global</span><span class=\"wsd\"> et <span class=\"ff7 ls35 ws3b\">Landmark</span></span> <span class=\"ff5 lsed ws10f\">Tr<span class=\"_ _5\"/>a<span class=\"_ _5\"/>d<span class=\"_ _5\"/>e<span class=\"_ _5\"/></span> <span class=\"ff7 lsc ws35\">Ser<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s</span><span class=\"wsd\"> sont lea<span class=\"_ _5\"/>der<span class=\"_ _5\"/>s du march<span class=\"_ _5\"/>\u00e9 inter<span class=\"_ _5\"/>nation<span class=\"_ _5\"/>al du tr<span class=\"_ _5\"/>aiteme<span class=\"_ _5\"/>nt des p<span class=\"_ _5\"/>aquet<span class=\"_ _5\"/>s<span class=\"_ _5\"/>, resp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tivem<span class=\"_ _5\"/>ent au<span class=\"_ _5\"/>x \u00c9tat<span class=\"_ _5\"/>s </span></div>\n<div class=\"t m0 x2a h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2013 Unis e<span class=\"_ _5\"/>t au Cana<span class=\"_ _5\"/>da. Ce<span class=\"_ _5\"/>s enti<span class=\"_ _5\"/>t\u00e9s se con<span class=\"_ _5\"/>centr<span class=\"_ _5\"/>ent sur<span class=\"_ _5\"/>tou<span class=\"_ _5\"/>t sur la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n des pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s comma<span class=\"_ _5\"/>nd\u00e9s v<span class=\"_ _5\"/>ia l'e \u2013 commer<span class=\"_ _5\"/>ce aupr\u00e8<span class=\"_ _5\"/>s de cy<span class=\"_ _5\"/>ber<span class=\"_ _5\"/>mar-</div>\n<div class=\"t m0 x2a h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">chan<span class=\"_ _5\"/>ds bas<span class=\"_ _5\"/>\u00e9s aux \u00c9t<span class=\"_ _5\"/>ats \u2013 Un<span class=\"_ _5\"/>is ver<span class=\"_ _5\"/>s le Cana<span class=\"_ _5\"/>da, l\u2019Eur<span class=\"_ _5\"/>ope, l\u2019Aus<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>lie et A<span class=\"_ _5\"/>m\u00e9r<span class=\"_ _5\"/>ique lat<span class=\"_ _5\"/>ine. Elle<span class=\"_ _5\"/>s offre<span class=\"_ _5\"/>nt, en o<span class=\"_ _5\"/>utre, \u00e0 l<span class=\"_ _5\"/>eurs c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>s e \u2013 comme<span class=\"_ _5\"/>rce,</div>\n<div class=\"t m0 x2a h8 yb0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dive<span class=\"_ _5\"/>rs se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e fulf<span class=\"_ _5\"/>ilme<span class=\"_ _5\"/>nt en plus<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s endro<span class=\"_ _5\"/>its d<span class=\"_ _5\"/>es \u00c9tat<span class=\"_ _5\"/>s \u2013 Unis e<span class=\"_ _5\"/>t au Cana<span class=\"_ _5\"/>da.</div>\n<div class=\"t m0 x5 h7 yb1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7\">La<span class=\"_ _5\"/>ndma<span class=\"_ _5\"/>rk Gl<span class=\"_ _5\"/>obal (UK<span class=\"_ _5\"/>) </span>est u<span class=\"_ _5\"/>ne soc<span class=\"_ _5\"/>i\u00e9t\u00e9 br<span class=\"_ _5\"/>itan<span class=\"_ _5\"/>nique de co<span class=\"_ _5\"/>urr<span class=\"_ _5\"/>ier<span class=\"_ _d\"/>, pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s et tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s fourn<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ant des s<span class=\"_ _5\"/>oluti<span class=\"_ _5\"/>ons de lo<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s global<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x2a h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur le ma<span class=\"_ _5\"/>rch\u00e9 au R<span class=\"_ _5\"/>oyaume \u2013 U<span class=\"_ _5\"/>ni. Situ<span class=\"_ _5\"/>\u00e9e pr\u00e8<span class=\"_ _5\"/>s de l'a\u00e9ro<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t de He<span class=\"_ _5\"/>athrow, La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k Globa<span class=\"_ _5\"/>l (UK) a une in<span class=\"_ _5\"/>fras<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ure, pla<span class=\"_ _5\"/>c\u00e9e so<span class=\"_ _5\"/>us contr<span class=\"_ _5\"/>\u00f4le</div>\n<div class=\"t m0 x2a h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">doua<span class=\"_ _5\"/>nier, habilit\u00e9<span class=\"_ _5\"/>e \u00e0 prop<span class=\"_ _5\"/>oser d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e d\u00e9do<span class=\"_ _5\"/>uanem<span class=\"_ _5\"/>ent et d<span class=\"_ _5\"/>e contr\u00f4<span class=\"_ _5\"/>le de s\u00e9<span class=\"_ _5\"/>curit\u00e9 p<span class=\"_ _5\"/>ar rayo<span class=\"_ _5\"/>ns X. L<span class=\"_ _5\"/>andma<span class=\"_ _5\"/>rk Glo<span class=\"_ _5\"/>bal (UK) o<span class=\"_ _5\"/>p\u00e8re e<span class=\"_ _5\"/>n tant</div>\n<div class=\"t m0 x2a h8 yb4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que pa<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>relle d'ent<span class=\"_ _5\"/>r\u00e9e e<span class=\"_ _5\"/>t de sor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie pour d'aut<span class=\"_ _5\"/>res en<span class=\"_ _5\"/>tit\u00e9s d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t dans le m<span class=\"_ _5\"/>onde e<span class=\"_ _5\"/>ntier.</div>\n<div class=\"t m0 x5 h7 y202 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7\">La<span class=\"_ _5\"/>ndma<span class=\"_ _5\"/>rk T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices (UK<span class=\"_ _5\"/><span class=\"ff4\">) four<span class=\"_ _5\"/>nit des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s d'impo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n pour le<span class=\"_ _5\"/>s march<span class=\"_ _5\"/>andis<span class=\"_ _5\"/>es ar<span class=\"_ _5\"/>riva<span class=\"_ _5\"/>nt au Roya<span class=\"_ _5\"/>ume \u2013 Uni. S<span class=\"_ _5\"/>on emp<span class=\"_ _5\"/>laceme<span class=\"_ _5\"/>nt, </span></span></div>\n<div class=\"t m0 x2a h8 y203 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 prox<span class=\"_ _5\"/>imit\u00e9 de l'a\u00e9r<span class=\"_ _5\"/>opor<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>e Londre<span class=\"_ _5\"/>s Heat<span class=\"_ _5\"/>hrow, en fa<span class=\"_ _5\"/>it un endr<span class=\"_ _5\"/>oit id\u00e9a<span class=\"_ _5\"/>l pour le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices d'imp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion par vo<span class=\"_ _5\"/>ie a\u00e9r<span class=\"_ _5\"/>ienne e<span class=\"_ _5\"/>ntre le<span class=\"_ _5\"/>s \u00c9tat<span class=\"_ _5\"/>s \u2013</div>\n<div class=\"t m0 x2a h8 y204 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Unis e<span class=\"_ _5\"/>t le Royaum<span class=\"_ _5\"/>e \u2013 Uni.</div>\n<div class=\"t m0 x5 h7 y205 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 ls7 ws8\">Leen</span> <span class=\"ff7 ws48\">Men<span class=\"_ _5\"/>ken Foods<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice Lo<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s</span> est u<span class=\"_ _5\"/>n op\u00e9r<span class=\"_ _5\"/>ateur lo<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>ique as<span class=\"_ _5\"/>suma<span class=\"_ _5\"/>nt le sto<span class=\"_ _5\"/>ckage, l<span class=\"_ _5\"/>a logis<span class=\"_ _5\"/>tique e<span class=\"_ _5\"/>t la dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n de prod<span class=\"_ _5\"/>uit<span class=\"_ _5\"/>s r\u00e9fr<span class=\"_ _5\"/>ig\u00e9-</div>\n<div class=\"t m0 x2a h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9s e<span class=\"_ _5\"/>t congel<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r l\u2019<span class=\"_ _d\"/>e \u2013 comm<span class=\"_ _5\"/>erce.</div>\n<div class=\"t m0 x5 h7 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipales a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s de <span class=\"ff5 ls40 ws62\">Radial</span> <span class=\"ff7 ls52\">Netherlands</span> repos<span class=\"_ _5\"/>ent sur d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d'im<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>st<span class=\"_ _5\"/>in\u00e9s au<span class=\"_ _5\"/>x client<span class=\"_ _5\"/>s am<span class=\"_ _5\"/>\u00e9ric<span class=\"_ _5\"/>ains qui c<span class=\"_ _5\"/>herch<span class=\"_ _5\"/>ent \u00e0</div>\n<div class=\"t m0 x2a h8 y208 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ven<span class=\"_ _5\"/>dre leur<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uit<span class=\"_ _5\"/>s en Europ<span class=\"_ _5\"/>e. Ces s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s inclu<span class=\"_ _5\"/>ent le d\u00e9<span class=\"_ _5\"/>douan<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>, le sto<span class=\"_ _5\"/>ckage<span class=\"_ _5\"/>, l'<span class=\"_ _d\"/>enl<span class=\"_ _5\"/>\u00e8veme<span class=\"_ _5\"/>nt et l'embal<span class=\"_ _5\"/>lage et la li<span class=\"_ _5\"/>vra<span class=\"_ _5\"/>ison du d<span class=\"_ _5\"/>erni<span class=\"_ _5\"/>er</div>\n<div class=\"t m0 x2a h8 y209 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">kilo<span class=\"_ _5\"/>m\u00e8tr<span class=\"_ _5\"/>e. Lan<span class=\"_ _5\"/>dmar<span class=\"_ _5\"/>k T<span class=\"_ _1\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices (Ne<span class=\"_ _5\"/>the<span class=\"_ _5\"/>rlan<span class=\"_ _5\"/>ds) fourni<span class=\"_ _5\"/>t ess<span class=\"_ _5\"/>enti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent des co<span class=\"_ _5\"/>nsei<span class=\"_ _5\"/>ls aux n<span class=\"_ _5\"/>ouvea<span class=\"_ _5\"/>ux clie<span class=\"_ _5\"/>nts a<span class=\"_ _5\"/>m\u00e9ri<span class=\"_ _5\"/>cains da<span class=\"_ _5\"/>ns le ca<span class=\"_ _5\"/>dre de</div>\n<div class=\"t m0 x2a h8 y20a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'intr<span class=\"_ _5\"/>oduc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e leur<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uits e<span class=\"_ _5\"/>n Europ<span class=\"_ _5\"/>e. Cet<span class=\"_ _5\"/>te consu<span class=\"_ _5\"/>ltance co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>ne tan<span class=\"_ _5\"/>t les sy<span class=\"_ _5\"/>st\u00e8<span class=\"_ _5\"/>mes de d<span class=\"_ _5\"/>ouane<span class=\"_ _5\"/>s et de T<span class=\"_ _5\"/>VA<span class=\"_ _5\"/>, que l'enre<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>reme<span class=\"_ _5\"/>nt des</div>\n<div class=\"t m0 x2a h8 y20b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s diver<span class=\"_ _5\"/>s pays Eur<span class=\"_ _5\"/>op\u00e9e<span class=\"_ _5\"/>ns.</div>\n<div class=\"t m0 x5 h7 y3ce ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipales a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s de <span class=\"ff5 ls40 ws62\">Radial</span> <span class=\"ff5 ls37 ws3f\">Poland</span> son<span class=\"_ _5\"/>t le fulf<span class=\"_ _5\"/>ilmen<span class=\"_ _5\"/>t, la log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ique et la d<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ion. Ell<span class=\"_ _5\"/>e agit en t<span class=\"_ _5\"/>ant que p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tenaire d<span class=\"_ _5\"/>ans la log<span class=\"_ _5\"/>is-</div>\n<div class=\"t m0 x2a h8 y3cf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiq<span class=\"_ _5\"/>ue et la dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on aupr\u00e8<span class=\"_ _5\"/>s de so<span class=\"_ _5\"/>ci\u00e9t\u00e9<span class=\"_ _5\"/>s de vente d<span class=\"_ _5\"/>irec<span class=\"_ _5\"/>te en Euro<span class=\"_ _5\"/>pe de l'Ou<span class=\"_ _5\"/>es<span class=\"_ _5\"/>t, Cent<span class=\"_ _5\"/>rale e<span class=\"_ _5\"/>t de l'Es<span class=\"_ _5\"/>t.</div>\n<div class=\"t m0 x5 h7 y3d0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les e<span class=\"_ _5\"/>ntit\u00e9<span class=\"_ _5\"/>s am\u00e9r<span class=\"_ _5\"/>icai<span class=\"_ _5\"/>nes et e<span class=\"_ _5\"/>urop<span class=\"_ _5\"/>\u00e9enn<span class=\"_ _5\"/>es de <span class=\"ff5 ls40 ws62\">Radial</span> comm<span class=\"_ _5\"/>erciali<span class=\"_ _5\"/>sent un<span class=\"_ _5\"/>e large g<span class=\"_ _5\"/>amme d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces couv<span class=\"_ _5\"/>rant l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>nsem<span class=\"_ _5\"/>ble de la ch<span class=\"_ _5\"/>a\u00eene log<span class=\"_ _5\"/>is-</div>\n<div class=\"t m0 x2a h8 y784 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiq<span class=\"_ _5\"/>ue de l\u2019e \u2013 commer<span class=\"_ _5\"/>ce. Les s<span class=\"_ _5\"/>oluti<span class=\"_ _5\"/>ons omni<span class=\"_ _5\"/>canale<span class=\"_ _5\"/>s tech<span class=\"_ _5\"/>nolog<span class=\"_ _5\"/>iques e<span class=\"_ _5\"/>t puis<span class=\"_ _5\"/>sante<span class=\"_ _5\"/>s de Rad<span class=\"_ _5\"/>ial font le li<span class=\"_ _5\"/>en ent<span class=\"_ _5\"/>re l'<span class=\"_ _d\"/>off<span class=\"_ _5\"/>re et la d<span class=\"_ _5\"/>emand<span class=\"_ _5\"/>e \u00e0 trave<span class=\"_ _5\"/>rs</div>\n<div class=\"t m0 x2a h8 y785 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des o<span class=\"_ _5\"/>ptio<span class=\"_ _5\"/>ns de fulf<span class=\"_ _5\"/>ilm<span class=\"_ _5\"/>ent et de l<span class=\"_ _5\"/>ivra<span class=\"_ _5\"/>ison e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>caces<span class=\"_ _5\"/>, des s<span class=\"_ _5\"/>ys<span class=\"_ _5\"/>t\u00e8me<span class=\"_ _5\"/>s intellig<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de paie<span class=\"_ _5\"/>ment et d<span class=\"_ _5\"/>e prote<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on contr<span class=\"_ _5\"/>e la fra<span class=\"_ _5\"/>ude et d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices \u00e0</div>\n<div class=\"t m0 x2a h8 y8e5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la cli<span class=\"_ _5\"/>ent\u00e8le p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnali<span class=\"_ _5\"/>s\u00e9s<span class=\"_ _5\"/>, per<span class=\"_ _5\"/>met<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>t aux marq<span class=\"_ _5\"/>ues de s<span class=\"_ _5\"/>implif<span class=\"_ _5\"/>ier le<span class=\"_ _5\"/>ur exp<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>ence \u201cpos<span class=\"_ _5\"/>t \u2013 clic<span class=\"_ _5\"/>k\u201d et d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>am\u00e9<span class=\"_ _5\"/>liore<span class=\"_ _5\"/>r leur se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice \u00e0 la cli<span class=\"_ _5\"/>ent\u00e8le<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y8e6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 lsa9 wsbf\">Speos</span> <span class=\"ff5 ls4e ws5d\">Belgium</span> g\u00e8re le<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de docu<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s sor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s de se<span class=\"_ _5\"/>s client<span class=\"_ _5\"/>s et e<span class=\"_ _5\"/>st sp<span class=\"_ _5\"/>\u00e9cial<span class=\"_ _5\"/>is\u00e9e d<span class=\"_ _5\"/>ans l\u2019ext<span class=\"_ _5\"/>ernal<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>ocume<span class=\"_ _5\"/>nts f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x2a h8 ye18 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">admi<span class=\"_ _5\"/>nist<span class=\"_ _5\"/>ratif<span class=\"_ _5\"/>s, te<span class=\"_ _5\"/>ls que l<span class=\"_ _5\"/>es fac<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>es, re<span class=\"_ _5\"/>lev\u00e9<span class=\"_ _5\"/>s banca<span class=\"_ _5\"/>ires e<span class=\"_ _5\"/>t fich<span class=\"_ _5\"/>es de pa<span class=\"_ _5\"/>ie. Ces s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces inclu<span class=\"_ _5\"/>ent la cr<span class=\"_ _5\"/>\u00e9ation d<span class=\"_ _5\"/>e docum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s, l\u2019im<span class=\"_ _5\"/>pres<span class=\"_ _5\"/>sion e<span class=\"_ _5\"/>t la</div>\n<div class=\"t m0 x2a h8 y8e7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mis<span class=\"_ _5\"/>e sous p<span class=\"_ _5\"/>li, la diff<span class=\"_ _5\"/>usion p<span class=\"_ _5\"/>ar voie \u00e9le<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>roniq<span class=\"_ _5\"/>ue et l\u2019archi<span class=\"_ _5\"/>vage.</div>\n<div class=\"t m0 x82 hc ye19 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PAR<span class=\"_ _5\"/>TAGE D<span class=\"_ _5\"/>ES DR<span class=\"_ _5\"/>OIT<span class=\"_ _5\"/>S DE VO<span class=\"_ _5\"/>TE EN %<span class=\"_ _a5\"> </span><span class=\"ls48 ws56\">PAYS<span class=\"_ _d\"/> D'INCORPORATION</span></div>\n<div class=\"t m0 x7 hc ye1a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NOM<span class=\"_ _144\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _129\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ye1b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x8c he ye1c ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye1d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _27\"> </span><span class=\"ls4d ws5b\">50%</span></div>\n<div class=\"t m0 x164 hd ye1e ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye1f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jof<span class=\"_ _5\"/>ico C<span class=\"_ _5\"/>V<span class=\"_ _217\"> </span><span class=\"ls18 ws1a\">20<span class=\"_ _5\"/>%<span class=\"_ _129\"> </span>20%</span></div>\n<div class=\"t m0 x164 hd ye20 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 434px; height: 648px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 434px; height: 648px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 434px; height: 648px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x82 hc y925 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PAR<span class=\"_ _5\"/>TAGE D<span class=\"_ _5\"/>ES DR<span class=\"_ _5\"/>OIT<span class=\"_ _5\"/>S DE VO<span class=\"_ _5\"/>TE EN %<span class=\"_ _a5\"> </span><span class=\"ls48 ws56\">PAYS<span class=\"_ _d\"/> D'INCORPORATION</span></div>\n<div class=\"t m0 x7 hc ybec ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NOM<span class=\"_ _144\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _129\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ye21 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Alt<span class=\"_ _5\"/>eris S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x173 hd ye22 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye21 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye23 ff4 fs8 fc2 sc0 lsba wsda\" style=\"z-index: 15;\">Certi<span class=\"_ _d\"/>post<span class=\"_ _d\"/> SA</div>\n<div class=\"t m0 x173 hd ye24 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye23 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye25 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Euro \u2013 S<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>nter<span class=\"_ _5\"/>s SA</div>\n<div class=\"t m0 x173 hd ye26 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye25 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye27 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial Pol<span class=\"_ _5\"/>and Sp z o.<span class=\"_ _5\"/>o.<span class=\"_ _22d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0%</span></div>\n<div class=\"t m0 x77 hd ye28 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Pologne</div>\n<div class=\"t m0 x7 hd ye29 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Sp<span class=\"_ _5\"/>eos B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>um SA</div>\n<div class=\"t m0 x173 hd ye2a ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye29 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye2b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k Glo<span class=\"_ _5\"/>bal (UK<span class=\"_ _5\"/>) Ltd<span class=\"_ _167\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 xf4 hd ye2c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Royaume<span class=\"_ _5\"/>-Uni</div>\n<div class=\"t m0 x7 hd ye2d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost H<span class=\"_ _5\"/>ong Kon<span class=\"_ _5\"/>g Ltd<span class=\"_ _22e\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>0%<span class=\"_ _30\"> </span><span class=\"ls2c ws2e\">Ho<span class=\"_ _5\"/>ng<span class=\"_ _d\"/> Kong</span></span></div>\n<div class=\"t m0 x7 hd ye2e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost S<span class=\"_ _5\"/>ingap<span class=\"_ _5\"/>ore P<span class=\"_ _5\"/>te. Ltd<span class=\"_ _289\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x9d hd ye2f ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Singapo<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x7 hd ye30 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">bpos<span class=\"_ _5\"/>t Int<span class=\"_ _d\"/>er<span class=\"_ _5\"/>national Logistic<span class=\"_ _5\"/>s (Beijing) CO Ltd<span class=\"_ _229\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x5d hd ye31 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Chine</div>\n<div class=\"t m0 x7 hd ye32 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost US H<span class=\"_ _5\"/>oldin<span class=\"_ _5\"/>gs, I<span class=\"_ _5\"/>nc<span class=\"_ _22d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye33 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye34 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Landmark Global, Inc<span class=\"_ _22b\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye35 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye36 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s, Ltd<span class=\"_ _61\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _17e\"> </span><span class=\"ls5a ws6e\">Cana<span class=\"_ _5\"/>da</span></span></div>\n<div class=\"t m0 x7 hd ye37 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Netherlands B.V<span class=\"_ _1\"/>.<span class=\"_ _5f\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye38 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye39 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s (Net<span class=\"_ _5\"/>her<span class=\"_ _5\"/>land<span class=\"_ _5\"/>s<span class=\"_ _d\"/>) BV<span class=\"_ _249\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye3a ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye3b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s (UK) Lt<span class=\"_ _5\"/>d<span class=\"_ _22a\"> </span><span class=\"ls2b ws2d\">100,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 xf4 hd ye3c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Royaume<span class=\"_ _5\"/>-Uni</div>\n<div class=\"t m0 x7 hd ye3d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ap<span class=\"_ _5\"/>ple E<span class=\"_ _5\"/>xpre<span class=\"_ _5\"/>ss C<span class=\"_ _5\"/>ouri<span class=\"_ _5\"/>er, Inc<span class=\"_ _178\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x193 hd ye3e ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye3f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ap<span class=\"_ _5\"/>ple E<span class=\"_ _5\"/>xpre<span class=\"_ _5\"/>ss C<span class=\"_ _5\"/>ouri<span class=\"_ _5\"/>er, Ltd<span class=\"_ _180\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _be\"> </span><span class=\"ls5a ws6e\">C<span class=\"_ _5\"/>anada</span></span></div>\n<div class=\"t m0 x7 hd ye40 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frei<span class=\"_ _5\"/>ght Di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion Ma<span class=\"_ _5\"/>nagem<span class=\"_ _5\"/>ent Sy<span class=\"_ _5\"/>stem<span class=\"_ _5\"/>s PT<span class=\"_ _5\"/>Y, Ltd<span class=\"_ _120\"> </span><span class=\"ls2b ws2d\">100,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye41 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Austr<span class=\"_ _5\"/>alie</div>\n<div class=\"t m0 x7 hd ye42 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FDM Wa<span class=\"_ _5\"/>reh<span class=\"_ _5\"/>ousin<span class=\"_ _5\"/>g PT<span class=\"_ _5\"/>Y, Ltd<span class=\"_ _58\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye43 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Austr<span class=\"_ _5\"/>alie</div>\n<div class=\"t m0 x7 hd ye44 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>P SA</div>\n<div class=\"t m0 x173 hd ye45 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye44 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye46 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ubi<span class=\"_ _5\"/>way SA</div>\n<div class=\"t m0 xf3 he ye47 ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye48 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x164 hd ye49 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye4a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ubi<span class=\"_ _5\"/>way Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s SA</div>\n<div class=\"t m0 x6b he ye4b ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye4c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x164 hd ye4d ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye4e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ubi<span class=\"_ _5\"/>way Ret<span class=\"_ _5\"/>ail S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x195 he ye4f ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye50 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x164 hd ye51 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye52 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Radial Belgium S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x173 hd ye53 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye52 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye54 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naGr<span class=\"_ _5\"/>oup BV<span class=\"_ _28a\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye55 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye56 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naf<span class=\"_ _5\"/>ix Rep<span class=\"_ _5\"/>air BV<span class=\"_ _28b\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye57 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye58 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Dynalogic Benelux<span class=\"_ _d\"/> BV<span class=\"_ _22c\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye59 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye5a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naf<span class=\"_ _5\"/>ix Ca<span class=\"_ _5\"/>re BV<span class=\"_ _28c\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye5b ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye5c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Dynalogic Courier BV<span class=\"_ _22e\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye5d ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye5e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naf<span class=\"_ _5\"/>ix Com<span class=\"_ _5\"/>pute<span class=\"_ _5\"/>r Repa<span class=\"_ _5\"/>ir BV<span class=\"_ _1dd\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye5f ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye60 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Dynasure BV<span class=\"_ _113\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye61 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye62 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naf<span class=\"_ _5\"/>ix OnS<span class=\"_ _5\"/>ite BV<span class=\"_ _192\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye63 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye64 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naLi<span class=\"_ _5\"/>nq BV<span class=\"_ _113\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye65 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye66 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Dynalog<span class=\"_ _5\"/>ic Belgium NV<span class=\"_ _18c\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x164 hd ye67 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye68 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial So<span class=\"_ _5\"/>luti<span class=\"_ _5\"/>ons Ho<span class=\"_ _5\"/>ng Kong Lt<span class=\"_ _5\"/>d</div>\n<div class=\"t m0 x13a he ye69 ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye6a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _2e\"> </span><span class=\"ls2c ws2e\">Hong Kong</span></span></div>\n<div class=\"t m0 x7 hd ye6b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial Hol<span class=\"_ _5\"/>ding<span class=\"_ _5\"/>s, LP<span class=\"_ _28d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x193 hd ye6c ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye6d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Commerce, Inc<span class=\"_ _b\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye6e ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye6f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial So<span class=\"_ _5\"/>uth<span class=\"_ _5\"/>, LP<span class=\"_ _13\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x193 hd ye70 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye71 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Radial, Inc<span class=\"_ _19d\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x193 hd ye72 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye73 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Luxembourg S.\u00e0.R<span class=\"_ _5\"/>.l.<span class=\"_ _51\"> </span><span class=\"ls2b ws2d\">100,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _a9\"> </span><span class=\"ls2d ws2f\">Lux<span class=\"_ _d\"/>embourg</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 85px; height: 967px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 85px; height: 967px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 85px; height: 967px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x82 hc ydf0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PAR<span class=\"_ _5\"/>TAGE D<span class=\"_ _5\"/>ES DR<span class=\"_ _5\"/>OIT<span class=\"_ _5\"/>S DE VO<span class=\"_ _5\"/>TE EN %<span class=\"_ _a5\"> </span><span class=\"ls48 ws56\">PAYS<span class=\"_ _d\"/> D'INCORPORATION</span></div>\n<div class=\"t m0 x7 hc ye74 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NOM<span class=\"_ _144\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _129\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ye75 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Omnichannel T<span class=\"_ _1\"/>echnologies India, Private Ltd<span class=\"_ _12\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x169 hd ye76 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Inde</div>\n<div class=\"t m0 x7 hd ye77 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Omnichannel International, SL<span class=\"_ _28e\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x164 hd ye78 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Espagne</div>\n<div class=\"t m0 x7 hd ye79 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial GmbH<span class=\"_ _28f\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x154 hd ye7a ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Allemagne</div>\n<div class=\"t m0 x7 hd ye7b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Commerce Lt<span class=\"_ _d\"/>d<span class=\"_ _22b\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 xf4 hd ye7c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Royaume<span class=\"_ _5\"/>-Uni</div>\n<div class=\"t m0 x7 hd ye7d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial So<span class=\"_ _5\"/>luti<span class=\"_ _5\"/>ons Sin<span class=\"_ _5\"/>gap<span class=\"_ _5\"/>ore PT<span class=\"_ _5\"/>E Ltd</div>\n<div class=\"t m0 x9e he ye7e ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye7f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x193 hd ye80 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Singapo<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x7 hd ye81 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial E \u2013 com<span class=\"_ _5\"/>merce (S<span class=\"_ _5\"/>hangh<span class=\"_ _5\"/>ai) Cor<span class=\"_ _5\"/>p. Ltd<span class=\"_ _228\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x5d hd ye82 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Chine</div>\n<div class=\"t m0 x7 hd ye83 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>ca Ho<span class=\"_ _5\"/>lding<span class=\"_ _5\"/>s, In<span class=\"_ _5\"/>c<span class=\"_ _a\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye84 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye85 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial III G<span class=\"_ _5\"/>P<span class=\"_ _3b\"/>, L<span class=\"_ _5\"/>LC<span class=\"_ _13\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye86 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye87 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial So<span class=\"_ _5\"/>uth GP<span class=\"_ _d\"/>, LLC<span class=\"_ _1f2\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x193 hd ye88 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye89 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Italy s.r<span class=\"_ _d\"/>.l.<span class=\"_ _24f\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x182 hd ye8a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Italie</div>\n<div class=\"t m0 x7 hd ye8b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Leen Menken Foodser<span class=\"_ _5\"/>vice Logistics BV<span class=\"_ _17d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye8c ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye8d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s BV <span class=\"_ _241\"> </span><span class=\"ls20 ws22\">75,0<span class=\"_ _5\"/>%<span class=\"_ _30\"> </span>75<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x194 hd ye8e ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye8f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">An<span class=\"_ _5\"/>thill B<span class=\"_ _5\"/>V <span class=\"_ _112\"> </span><span class=\"ls20 ws22\">75,0%<span class=\"_ _290\"> </span>75,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye90 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye91 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Freigh<span class=\"_ _d\"/>t 4U Logi<span class=\"_ _d\"/>stic<span class=\"_ _5\"/>s BV<span class=\"_ _291\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x164 hd ye92 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye93 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Act<span class=\"_ _5\"/>ive Ants Internat<span class=\"_ _5\"/>ional BV<span class=\"_ _292\"> </span><span class=\"ls20 ws22\">75,0<span class=\"_ _5\"/>%<span class=\"_ _30\"> </span>75<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x194 hd ye94 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye95 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s Be<span class=\"_ _5\"/>lgium B<span class=\"_ _5\"/>V<span class=\"_ _b\"> </span><span class=\"ls20 ws22\">75,0%<span class=\"_ _290\"> </span>75,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x164 hd ye96 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye97 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Active Ants Germany<span class=\"_ _d\"/> GmbH<span class=\"_ _180\"> </span><span class=\"ls20 ws22\">75,0%<span class=\"_ _290\"> </span>75,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x154 hd ye98 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Allemagne</div>\n<div class=\"t m0 x7 hd ye99 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s UK Ltd<span class=\"_ _1f9\"> </span><span class=\"ls20 ws22\">75,0<span class=\"_ _5\"/>%<span class=\"_ _2e\"> </span>75,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 xf4 hd ye9a ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Royaume<span class=\"_ _5\"/>-Uni</div>\n<div class=\"t m0 x7 hd ye9b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mar<span class=\"_ _5\"/>ceau 1 S<span class=\"_ _5\"/>AS<span class=\"_ _24a\"> </span><span class=\"ls28 ws2a\">68<span class=\"_ _5\"/>,6%<span class=\"_ _d0\"> </span></span> \u2013 <span class=\"_ _f9\"> </span><span class=\"ls22 ws24\">Fra<span class=\"_ _5\"/>nce</span></div>\n<div class=\"t m0 x7 hd ye9c ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>X Fran<span class=\"_ _5\"/>ce<span class=\"_ _293\"> </span><span class=\"ls28 ws2a\">68,6<span class=\"_ _5\"/>%<span class=\"_ _d0\"> </span><span class=\"ls0 ws0\"> \u2013 <span class=\"_ _f9\"> </span></span></span>Fra<span class=\"_ _5\"/>nce</div>\n<div class=\"t m0 x7 hd ye9d ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">IMX GmbH<span class=\"_ _15\"> </span><span class=\"ls28 ws2a\">68,6%<span class=\"_ _d0\"> </span><span class=\"ls0 ws0\"> \u2013 </span></span></div>\n<div class=\"t m0 x154 hd ye9e ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Allemagne</div>\n<div class=\"t m0 x7 hd ye9f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ald<span class=\"_ _5\"/>ipre<span class=\"_ _5\"/>ss BV<span class=\"_ _294\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _17a\"> </span></span> \u2013</div>\n<div class=\"t m0 x194 hd yea0 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x5 h9 yea1 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1 <span class=\"_ _48\"> </span> Liqui<span class=\"_ _5\"/>d\u00e9 ou vendu d<span class=\"_ _5\"/>urant l'ann\u00e9<span class=\"_ _5\"/>e 2022</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 492px; height: 592px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 492px; height: 592px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 492px; height: 592px; width: 96%; z-index: 1;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y6fd ffc fs11 fc2 sc0 ls53 ws64\" style=\"z-index: 15;\">bpostgroup s<span class=\"_ _5\"/>tructure</div>\n<div class=\"t m0 x5 h8 y428 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022</div>\n<div class=\"t m0 x5e h33 yea2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea3 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea4 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea5 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea6 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea7 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea8 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yea9 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeaa ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeab ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeac ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yead ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeae ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeaf ff4 fs1e fc3 sc0 ls16 ws18\" style=\"z-index: 15;\">99,<span class=\"_ _5\"/>92%</div>\n<div class=\"t m0 x99 h33 yeb0 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb1 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb3 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb4 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb5 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yeb6 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yeb7 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yeb8 ff4 fs1e fc3 sc0 lse2 wsc9\" style=\"z-index: 15;\">99,99%</div>\n<div class=\"t m0 x196 h33 yeb9 ff4 fs1e fc3 sc0 lse2 wsc9\" style=\"z-index: 15;\">99,99%</div>\n<div class=\"t m0 xe4 h33 yeba ff4 fs1e fc3 sc0 lse9 ws105\" style=\"z-index: 15;\">0,<span class=\"_ _5\"/>01%</div>\n<div class=\"t m0 x17 h33 yebb ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x17 h33 yebc ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x17 h33 yebd ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 xbe h33 yebe ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 xbe h33 yebf ff4 fs1e fc3 sc0 lsb0 wscd\" style=\"z-index: 15;\">3<span class=\"_ _5\"/>7,0<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x162 h33 yec0 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x162 h33 yec1 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x28 h33 yec2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x13b h33 yec3 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x13b h33 yec2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x13b h33 yec4 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x116 h33 yec5 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x197 h33 yec6 ff4 fs1e fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">GP in<span class=\"_ _5\"/>teres<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x37 h33 yec7 ff4 fs1e fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">GP in<span class=\"_ _5\"/>teres<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x198 h33 yec8 ff4 fs1e fc3 sc0 lsef ws111\" style=\"z-index: 15;\">14,6<span class=\"_ _5\"/>6%</div>\n<div class=\"t m0 x199 h33 yec9 ff4 fs1e fc3 sc0 lse9 ws105\" style=\"z-index: 15;\">0,<span class=\"_ _5\"/>01%</div>\n<div class=\"t m0 x145 h33 yeca ff4 fs1e fc3 sc0 lsf0 ws112\" style=\"z-index: 15;\">0,08%</div>\n<div class=\"t m0 xe4 h33 yecb ff4 fs1e fc3 sc0 lse9 ws105\" style=\"z-index: 15;\">0,<span class=\"_ _5\"/>01%</div>\n<div class=\"t m0 x196 h33 yecc ff4 fs1e fc3 sc0 lse2 wsc9\" style=\"z-index: 15;\">99,99%</div>\n<div class=\"t m0 x196 h33 yecd ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yece ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yecf ff4 fs1e fc3 sc0 lsf0 ws112\" style=\"z-index: 15;\">20,00<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x5e h33 yed0 ff4 fs1e fc3 sc0 lsb5 wsd4\" style=\"z-index: 15;\">75,00<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x5e h33 yed1 ff4 fs1e fc3 sc0 lsf1 ws103\" style=\"z-index: 15;\">68,<span class=\"_ _5\"/>59%</div>\n<div class=\"t m0 x5e h33 yed2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yed3 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yed4 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yed5 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yed6 ff4 fs1e fc3 sc0 lsb5 wsd4\" style=\"z-index: 15;\">75,00<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x99 h33 yed7 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yed8 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yed9 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeda ff4 fs1e fc3 sc0 lsf2 wsca\" style=\"z-index: 15;\">63,00%</div>\n<div class=\"t m0 x99 h33 yedb ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yedc ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yedd ff4 fs1e fc3 sc0 lsf3 ws113\" style=\"z-index: 15;\">85,<span class=\"_ _5\"/>34%</div>\n<div class=\"t m0 x99 h33 yede ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yedf ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yee0 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yee1 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 xa2 h8 yee2 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">LANDMARK T<span class=\"_ _d\"/>R<span class=\"_ _5\"/>ADE<span class=\"_ _d\"/><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x9b h8 yee3 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">SER<span class=\"_ _5\"/>VICE<span class=\"_ _5\"/>S (UK)</div>\n<div class=\"t m0 xab h1c yee4 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x102 h8 yee5 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL NE<span class=\"_ _5\"/>THER<span class=\"_ _5\"/>LA<span class=\"_ _5\"/>NDS</div>\n<div class=\"t m0 x69 h1c yee6 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 xa9 hd yee7 ff4 fs8 fc7 sc0 ls13 ws15\" style=\"z-index: 15;\">LANDMARK T<span class=\"_ _d\"/>R<span class=\"_ _5\"/>ADE<span class=\"_ _d\"/><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x104 hd yee8 ff4 fs8 fc7 sc0 ls16 ws18\" style=\"z-index: 15;\">SER<span class=\"_ _5\"/>VICE<span class=\"_ _5\"/>S (<span class=\"_ _d\"/>NE<span class=\"_ _5\"/>THERL<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>DS)</div>\n<div class=\"t m0 x169 he yee9 ff4 fs9 fc7 sc0 lsf6 ws116\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x32 h8 yeea ff4 fs3 fc7 sc0 ls54 ws65\" style=\"z-index: 15;\">APPLE E<span class=\"_ _5\"/>XPRE<span class=\"_ _5\"/>SS<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x133 h8 yeeb ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">COURI<span class=\"_ _5\"/>ER</div>\n<div class=\"t m0 x10d h1c yeec ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 xc6 h8 yeed ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">BP<span class=\"_ _5\"/>OST INT<span class=\"_ _5\"/>ERNATION<span class=\"_ _5\"/>AL</div>\n<div class=\"t m0 x107 h8 yeee ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">LOGIS<span class=\"_ _5\"/>TIC<span class=\"_ _5\"/>S (BEIJIN<span class=\"_ _5\"/>G) CO</div>\n<div class=\"t m0 x19a h1c yeef ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 xa3 h8 yef0 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">DYNAF<span class=\"_ _d\"/>IX RE<span class=\"_ _d\"/>P<span class=\"_ _d\"/>AIR</div>\n<div class=\"t m0 x164 h1c yef1 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x147 h8 yef2 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>ALOG<span class=\"_ _5\"/>IC BENELUX</div>\n<div class=\"t m0 x19b h1c yef3 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 xa9 h8 yef4 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">DYNAF<span class=\"_ _d\"/>IX CARE</div>\n<div class=\"t m0 xc5 h1c yef5 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x147 h8 yef6 ff4 fs3 fc7 sc0 lsf8 ws9c\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>ALO<span class=\"_ _5\"/>GIC CO<span class=\"_ _5\"/>URI<span class=\"_ _5\"/>ER</div>\n<div class=\"t m0 x16a h1c yef7 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x101 h8 yef8 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">DYNAF<span class=\"_ _d\"/>IX<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x105 h8 yef9 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">COMPU<span class=\"_ _5\"/>TER REPAIR</div>\n<div class=\"t m0 xd5 h1c yefa ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x128 h8 yefb ff4 fs3 fc7 sc0 lsf8 ws9c\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>A<span class=\"_ _5\"/>SURE</div>\n<div class=\"t m0 x19c h1c yefc ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 xa2 h8 yefd ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">DYNAFIX ONSITE</div>\n<div class=\"t m0 x164 h1c yefe ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x128 h8 yeff ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">DYNAL<span class=\"_ _d\"/>INQ</div>\n<div class=\"t m0 x124 h1c yf00 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x104 h8 yf01 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>ALOG<span class=\"_ _5\"/>IC BELGIU<span class=\"_ _5\"/>M</div>\n<div class=\"t m0 x19d h1c yf02 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 xaf h8 yf03 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL S<span class=\"_ _5\"/>OUTH GP</div>\n<div class=\"t m0 x25 h1c yf04 ff4 fs12 fc7 sc0 lsfa ws119\" style=\"z-index: 15;\"> LLC</div>\n<div class=\"t m0 x133 h8 yf05 ff4 fs3 fc7 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>X Fra<span class=\"_ _5\"/>nce</div>\n<div class=\"t m0 xd3 h8 yf06 ff4 fs3 fc7 sc0 ls7 ws8\" style=\"z-index: 15;\">IMX GmbH</div>\n<div class=\"t m0 x127 h8 yf07 ff4 fs3 fc7 sc0 ls7 ws8\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>ADIAL GmbH</div>\n<div class=\"t m0 x147 h8 yf08 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL COM<span class=\"_ _5\"/>MERCE Ltd</div>\n<div class=\"t m0 xc7 h8 yf09 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL E-<span class=\"_ _5\"/>COMMER<span class=\"_ _5\"/>CE</div>\n<div class=\"t m0 x19e h8 yf0a ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">(<span class=\"_ _d\"/>SHANGHAI<span class=\"_ _d\"/>) C<span class=\"_ _d\"/>ORP<span class=\"_ _49\"/>. Ltd</div>\n<div class=\"t m0 x147 h8 yf0b ff4 fs3 fc7 sc0 lsa wsb\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>ADIAL OMNICH<span class=\"_ _5\"/>ANNEL</div>\n<div class=\"t m0 x105 h8 yf0c ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">INTERNA<span class=\"_ _d\"/>TIONAL SLU</div>\n<div class=\"t m0 x14c h8 yf0d ff4 fs3 fc7 sc0 ls40 ws62\" style=\"z-index: 15;\">ALDIPRESS BV</div>\n<div class=\"t m0 x189 h8 yf0e ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL LUX<span class=\"_ _5\"/>EMBOU<span class=\"_ _5\"/>RG</div>\n<div class=\"t m0 x12b h1c yf0f ff4 fs12 fc7 sc0 ls55 ws66\" style=\"z-index: 15;\">S.\u00e0.R.L.</div>\n<div class=\"t m0 x18 h8 yf05 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">Marce<span class=\"_ _5\"/>au 1 SA<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x54 h20 yf10 ff4 fsa fc7 sc0 lsfb ws11a\" style=\"z-index: 15;\">FREIGHT DISTRIBUTION<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x160 h20 yf11 ff4 fsa fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">MA<span class=\"_ _5\"/>NAG<span class=\"_ _5\"/>EMENT S<span class=\"_ _5\"/>YS<span class=\"_ _5\"/>TEMS P<span class=\"_ _5\"/>TY</div>\n<div class=\"t m0 xb8 h38 yf12 ff4 fs14 fc7 sc0 lsfc ws11b\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x12b h8 yf13 ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">FDM<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x189 h8 yf14 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">WAR<span class=\"_ _5\"/>EHOUSIN<span class=\"_ _5\"/>G PT<span class=\"_ _5\"/>Y</div>\n<div class=\"t m0 x55 h1c yf15 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x95 h8 yf16 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">LANDMARK<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x9 h8 yf17 ff4 fs3 fc7 sc0 lsf8 ws9c\" style=\"z-index: 15;\">GLO<span class=\"_ _5\"/>BA<span class=\"_ _5\"/>L</div>\n<div class=\"t m0 x26 h1c yf18 ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 x179 h8 yf19 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">LANDMARK T<span class=\"_ _d\"/>R<span class=\"_ _5\"/>ADE<span class=\"_ _d\"/><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 xb2 h8 yf1a ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">SER<span class=\"_ _5\"/>VICE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x47 h1c yf1b ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x100 h8 yf1c ff4 fs3 fc7 sc0 ls54 ws65\" style=\"z-index: 15;\">APPLE E<span class=\"_ _5\"/>XPRE<span class=\"_ _5\"/>SS<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x95 h8 yf1d ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">COURI<span class=\"_ _5\"/>ER</div>\n<div class=\"t m0 x47 h1c yf1e ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 xd7 h8 yf1f ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">BP<span class=\"_ _5\"/>OST US HOL<span class=\"_ _5\"/>DINGS</div>\n<div class=\"t m0 x56 h1c yf20 ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 x19f h8 yf21 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _5\"/>AND<span class=\"_ _5\"/>MAR<span class=\"_ _5\"/>K GLOB<span class=\"_ _5\"/>AL (UK)</div>\n<div class=\"t m0 x12a h1c yf22 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x186 h8 yf23 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">BP<span class=\"_ _5\"/>OST HON<span class=\"_ _5\"/>G KONG</div>\n<div class=\"t m0 x55 h1c yf24 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x94 h8 yf25 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">BP<span class=\"_ _5\"/>OST SIN<span class=\"_ _5\"/>GAP<span class=\"_ _5\"/>ORE P<span class=\"_ _5\"/>TE.</div>\n<div class=\"t m0 x12a h1c yf26 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x18 h8 yef2 ff4 fs3 fc7 sc0 lsf8 ws9c\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>AGR<span class=\"_ _5\"/>OUP</div>\n<div class=\"t m0 x15 h1c yef3 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x11f h8 yf27 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">LEEN MENK<span class=\"_ _5\"/>EN FOO<span class=\"_ _5\"/>D-</div>\n<div class=\"t m0 x11f h8 yf28 ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">SERVICE LOGISTICS</div>\n<div class=\"t m0 x170 h1c yf29 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x11f h8 yef6 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">RADIAL POLAND</div>\n<div class=\"t m0 x27 h1c yef7 ff4 fs12 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">Sp z o.o<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x100 h8 yf2a ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">RADIAL IT<span class=\"_ _1\"/>AL<span class=\"_ _1\"/>Y</div>\n<div class=\"t m0 x15 h1c yf2b ff4 fs12 fc7 sc0 lsfd ws11c\" style=\"z-index: 15;\">s<span class=\"_ _5\"/>.r.l<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x9 h8 yefb ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">ANTHILL</div>\n<div class=\"t m0 x26 h1c yefc ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x17f h8 yf2c ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">ACTIV<span class=\"_ _5\"/>E ANTS</div>\n<div class=\"t m0 x15 h1c yf2d ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x53 h8 yf2e ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIV<span class=\"_ _5\"/>E ANTS  </div>\n<div class=\"t m0 x179 h8 yf2f ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">INTERNA<span class=\"_ _d\"/>TIONAL</div>\n<div class=\"t m0 x98 h1c yf30 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\">BV</div>\n<div class=\"t m0 x1a0 h8 yf31 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL COM<span class=\"_ _5\"/>MERCE</div>\n<div class=\"t m0 x1a1 h1c yf32 ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 x13 h8 yf33 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">RADIAL</div>\n<div class=\"t m0 x192 h1c yf34 ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 x1a2 h8 yf35 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL II<span class=\"_ _5\"/>I GP</div>\n<div class=\"t m0 x1e h1c yf36 ff4 fs12 fc7 sc0 lsfa ws119\" style=\"z-index: 15;\">LLC</div>\n<div class=\"t m0 xae h8 yf37 ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>ADIAL SOUTH</div>\n<div class=\"t m0 x12f h1c yf38 ff4 fs12 fc7 sc0 lsfe ws11d\" style=\"z-index: 15;\"> LP</div>\n<div class=\"t m0 xec hd yf39 ff4 fs8 fc7 sc0 ls13 ws15\" style=\"z-index: 15;\">RADIAL OMN<span class=\"_ _d\"/>ICHANN<span class=\"_ _d\"/>EL<span class=\"_ _d\"/> TEC<span class=\"_ _d\"/>H<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x13a hd yf3a ff4 fs8 fc7 sc0 ls25 ws27\" style=\"z-index: 15;\">NOLOGIES IN<span class=\"_ _d\"/>DIA<span class=\"_ _5\"/>, PRIV<span class=\"_ _d\"/>A<span class=\"_ _d\"/>TE</div>\n<div class=\"t m0 x58 he yf3b ff4 fs9 fc7 sc0 lsff ws11e\" style=\"z-index: 15;\"> Ltd</div>\n<div class=\"t m0 x12e h8 yf3c ff4 fs3 fc7 sc0 ls40 ws62\" style=\"z-index: 15;\">BPOST NORTH<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x8 h8 yf3d ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AMER<span class=\"_ _5\"/>IC<span class=\"_ _5\"/>A HOLD<span class=\"_ _5\"/>INGS</div>\n<div class=\"t m0 x1a3 h1c yf3e ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 xad h8 yf3f ff4 fs3 fc7 sc0 ls40 ws62\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>ADIAL HOLDINGS</div>\n<div class=\"t m0 x2b h1c yf40 ff4 fs12 fc7 sc0 lsfe ws11d\" style=\"z-index: 15;\"> LP</div>\n<div class=\"t m0 x1a4 h8 yf41 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">CERT<span class=\"_ _5\"/>IPOS<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x1a5 h1c yf42 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x41 h8 yf43 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">SPEOS BELG<span class=\"_ _5\"/>IUM</div>\n<div class=\"t m0 xf h1c yf44 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x1a6 h8 yf45 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL B<span class=\"_ _5\"/>ELGIUM</div>\n<div class=\"t m0 xf h1c yf46 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\"> NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x197 h8 yf47 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">ALTERIS</div>\n<div class=\"t m0 xe4 h1c yf48 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 xf7 h8 yf49 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">EURO<span class=\"_ _5\"/>-SPR<span class=\"_ _5\"/>INTERS</div>\n<div class=\"t m0 x4b h1c yf4a ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x31 h8 yf4b ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AMP</div>\n<div class=\"t m0 x195 h1c yf4c ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x159 h8 yf4d ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">FREI<span class=\"_ _5\"/>GHT 4U LOG<span class=\"_ _5\"/>ISTI<span class=\"_ _5\"/>CS</div>\n<div class=\"t m0 x16e h1c yf4e ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\">BV</div>\n<div class=\"t m0 x192 h8 yf4f ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">JOFICO</div>\n<div class=\"t m0 x87 h1c yf50 ff4 fs12 fc7 sc0 ls100 ws11f\" style=\"z-index: 15;\">CV</div>\n<div class=\"t m0 x68 h8 yf51 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIV<span class=\"_ _5\"/>E ANTS B<span class=\"_ _5\"/>ELGIUM BV</div>\n<div class=\"t m0 x147 h8 yf52 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIV<span class=\"_ _5\"/>E ANTS G<span class=\"_ _5\"/>ERMA<span class=\"_ _5\"/>NY</div>\n<div class=\"t m0 xa9 h8 yf53 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIV<span class=\"_ _5\"/>E ANTS UK</div>\n<div class=\"t m0 xae h39 yf54 ff5 fs21 fc3 sc0 ls101 ws120\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>os<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x1a7 h3a yf55 ff5 fs22 fc3 sc0 ls102 ws121\" style=\"z-index: 15;\">SA</div>\n<div class=\"t m0 x13b h33 yf56 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>.00%</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 99px; height: 1073px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 99px; height: 1073px; width: 94%; z-index: 2;\"><br/></div>\n\n\n<div class=\"t m0 x5 h1a y68 ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>35 <span class=\"_ _38\"/> <span class=\"_ _63\"/>\u00c9<span class=\"_ _d\"/>v\u00e9neme<span class=\"_ _d\"/>nts <span class=\"_ _5\"/>su<span class=\"_ _d\"/>r<span class=\"_ _5\"/>venu<span class=\"_ _d\"/>s apr\u00e8s<span class=\"ws0\"> </span></div>\n<div class=\"t m0 x149 h1a yf57 ffc fs11 fc2 sc0 ls3e ws46\" style=\"z-index: 15;\">la cl\u00f4ture<span class=\"_ _5\"/> de l\u2019<span class=\"_ _1\"/>exercice</div>\n<div class=\"t m0 x5 h8 yb8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Auc<span class=\"_ _5\"/>un \u00e9v\u00e9ne<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if ayant un im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur la sit<span class=\"_ _5\"/>uation</div>\n<div class=\"t m0 x5 h8 y25a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>\u00e8re de bp<span class=\"_ _5\"/>ost n'a \u00e9t\u00e9 ob<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>v\u00e9 ap<span class=\"_ _5\"/>r\u00e8s la dat<span class=\"_ _5\"/>e du bilan<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute;left: 6%;bottom: 42px;height: 95px;width: 88%;z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 2%; bottom: 42px; height: 1130px; width: 96%; z-index: 1;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNotesAndOtherExplanatoryInformationExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag394": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 h1a y81 ffc fs11 fc2 sc0 ls3d ws105\" style=\"z-index: 15;\">6.1<span class=\"_ _5\"/> <span class=\"_ _78\"> </span>I<span class=\"_ _5\"/>nformation<span class=\"_ _5\"/>s g\u00e9n\u00e9r<span class=\"_ _5\"/>ales</div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y84 ff7 fs6 fc3 sc0 ls36 ws6a\" style=\"z-index: 15;\">Activi<span class=\"_ _5\"/>t\u00e9s<span class=\"_ _d\"/> commerciales</div>\n<div class=\"t m0 x5 h7 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpost SA et se<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les (d\u00e9no<span class=\"_ _5\"/>mm\u00e9e c<span class=\"_ _5\"/>i \u2013 apr\u00e8<span class=\"_ _5\"/>s \u201c<span class=\"ff5 ls33 ws7a\">bpost<span class=\"_ _5\"/></span>\u201d) four<span class=\"_ _5\"/>nis<span class=\"_ _5\"/>sent d<span class=\"_ _5\"/>es ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices na<span class=\"_ _5\"/>tionau<span class=\"_ _5\"/>x et inte<span class=\"_ _5\"/>rnati<span class=\"_ _5\"/>onaux da<span class=\"_ _5\"/>ns le dom<span class=\"_ _5\"/>aine du cour<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>r et du</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">paq<span class=\"_ _5\"/>uet, e<span class=\"_ _5\"/>n ce compr<span class=\"_ _5\"/>is l\u2019enl\u00e8vem<span class=\"_ _5\"/>ent, l<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>spor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>, le tri e<span class=\"_ _5\"/>t la dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n de courr<span class=\"_ _5\"/>ier a<span class=\"_ _5\"/>dres<span class=\"_ _5\"/>s\u00e9 et n<span class=\"_ _5\"/>on adre<span class=\"_ _5\"/>ss\u00e9<span class=\"_ _5\"/>, d\u2019impr<span class=\"_ _5\"/>im\u00e9<span class=\"_ _5\"/>s, de jo<span class=\"_ _5\"/>urnau<span class=\"_ _5\"/>x, et de</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls5d ws71\" style=\"z-index: 15;\">paquet<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>stg<span class=\"_ _5\"/>roup ven<span class=\"_ _5\"/>d \u00e9gal<span class=\"_ _5\"/>ement to<span class=\"_ _5\"/>ute une s<span class=\"_ _5\"/>\u00e9rie d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>aut<span class=\"_ _5\"/>res pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s et s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s, par<span class=\"_ _5\"/>mi les<span class=\"_ _5\"/>quel<span class=\"_ _5\"/>s des p<span class=\"_ _5\"/>roduit<span class=\"_ _5\"/>s po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ux, pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s, p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts ba<span class=\"_ _5\"/>ncair<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers<span class=\"_ _5\"/>, la log<span class=\"_ _5\"/>isti<span class=\"_ _5\"/>que po<span class=\"_ _5\"/>ur le e \u2013 comme<span class=\"_ _5\"/>rce, de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de li<span class=\"_ _5\"/>vrai<span class=\"_ _5\"/>son ex<span class=\"_ _5\"/>pre<span class=\"_ _5\"/>ss, d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e proxim<span class=\"_ _5\"/>it\u00e9 et comm<span class=\"_ _5\"/>odit\u00e9<span class=\"_ _5\"/>, la ges<span class=\"_ _5\"/>tion de d<span class=\"_ _5\"/>o-</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cume<span class=\"_ _5\"/>nts e<span class=\"_ _5\"/>t d\u2019autre<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces app<span class=\"_ _5\"/>arent\u00e9<span class=\"_ _5\"/>s. bp<span class=\"_ _5\"/>ost a<span class=\"_ _5\"/>ssum<span class=\"_ _5\"/>e \u00e9gale<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s d\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat \u00e9<span class=\"_ _5\"/>conom<span class=\"_ _5\"/>ique g\u00e9n<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>l pour le com<span class=\"_ _5\"/>pte de l\u2019<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 867px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 hb y8d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Statut ju<span class=\"_ _d\"/>ridique</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpost est une soci\u00e9t\u00e9 anonyme de dro<span class=\"_ _5\"/>it publi<span class=\"_ _5\"/>c. Le si<span class=\"_ _5\"/>\u00e8ge so<span class=\"_ _5\"/>cial de bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>st si<span class=\"_ _5\"/>s au Centre Monnaie, \u00e0 1000 Bruxelles. Le<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t son<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cot\u00e9e<span class=\"_ _5\"/>s sur le Euro<span class=\"_ _5\"/>nex<span class=\"_ _5\"/>t Br<span class=\"_ _5\"/>uss<span class=\"_ _5\"/>els d<span class=\"_ _5\"/>epuis l<span class=\"_ _5\"/>e 21 juin 2013 (ISI<span class=\"_ _5\"/>N BPOS<span class=\"_ _5\"/>T).</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 777px; height: 275px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag391": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 hb y84 ff7 fs6 fc3 sc0 ls36 ws6a\" style=\"z-index: 15;\">Activi<span class=\"_ _5\"/>t\u00e9s<span class=\"_ _d\"/> commerciales</div>\n<div class=\"t m0 x5 h7 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpost SA et se<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les (d\u00e9no<span class=\"_ _5\"/>mm\u00e9e c<span class=\"_ _5\"/>i \u2013 apr\u00e8<span class=\"_ _5\"/>s \u201c<span class=\"ff5 ls33 ws7a\">bpost<span class=\"_ _5\"/></span>\u201d) four<span class=\"_ _5\"/>nis<span class=\"_ _5\"/>sent d<span class=\"_ _5\"/>es ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices na<span class=\"_ _5\"/>tionau<span class=\"_ _5\"/>x et inte<span class=\"_ _5\"/>rnati<span class=\"_ _5\"/>onaux da<span class=\"_ _5\"/>ns le dom<span class=\"_ _5\"/>aine du cour<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>r et du</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">paq<span class=\"_ _5\"/>uet, e<span class=\"_ _5\"/>n ce compr<span class=\"_ _5\"/>is l\u2019enl\u00e8vem<span class=\"_ _5\"/>ent, l<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>spor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>, le tri e<span class=\"_ _5\"/>t la dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n de courr<span class=\"_ _5\"/>ier a<span class=\"_ _5\"/>dres<span class=\"_ _5\"/>s\u00e9 et n<span class=\"_ _5\"/>on adre<span class=\"_ _5\"/>ss\u00e9<span class=\"_ _5\"/>, d\u2019impr<span class=\"_ _5\"/>im\u00e9<span class=\"_ _5\"/>s, de jo<span class=\"_ _5\"/>urnau<span class=\"_ _5\"/>x, et de</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls5d ws71\" style=\"z-index: 15;\">paquet<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>stg<span class=\"_ _5\"/>roup ven<span class=\"_ _5\"/>d \u00e9gal<span class=\"_ _5\"/>ement to<span class=\"_ _5\"/>ute une s<span class=\"_ _5\"/>\u00e9rie d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>aut<span class=\"_ _5\"/>res pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s et s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s, par<span class=\"_ _5\"/>mi les<span class=\"_ _5\"/>quel<span class=\"_ _5\"/>s des p<span class=\"_ _5\"/>roduit<span class=\"_ _5\"/>s po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ux, pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s, p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts ba<span class=\"_ _5\"/>ncair<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers<span class=\"_ _5\"/>, la log<span class=\"_ _5\"/>isti<span class=\"_ _5\"/>que po<span class=\"_ _5\"/>ur le e \u2013 comme<span class=\"_ _5\"/>rce, de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de li<span class=\"_ _5\"/>vrai<span class=\"_ _5\"/>son ex<span class=\"_ _5\"/>pre<span class=\"_ _5\"/>ss, d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e proxim<span class=\"_ _5\"/>it\u00e9 et comm<span class=\"_ _5\"/>odit\u00e9<span class=\"_ _5\"/>, la ges<span class=\"_ _5\"/>tion de d<span class=\"_ _5\"/>o-</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cume<span class=\"_ _5\"/>nts e<span class=\"_ _5\"/>t d\u2019autre<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces app<span class=\"_ _5\"/>arent\u00e9<span class=\"_ _5\"/>s. bp<span class=\"_ _5\"/>ost a<span class=\"_ _5\"/>ssum<span class=\"_ _5\"/>e \u00e9gale<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s d\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat \u00e9<span class=\"_ _5\"/>conom<span class=\"_ _5\"/>ique g\u00e9n<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>l pour le com<span class=\"_ _5\"/>pte de l\u2019<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 867px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag402": {
   "value": "bpost SA",
   "dimensions": {
    "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag387": {
   "value": "une soci\u00e9t\u00e9 anonyme de",
   "dimensions": {
    "concept": "ifrs-full:LegalFormOfEntity",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag389": {
   "value": "Centre Monnaie, \u00e0 1000 Bruxelles",
   "dimensions": {
    "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag397": {
   "value": "\n<div class=\"t m0 x5 h1a y8ae ffc fs11 fc2 sc0 ls53 ws64\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>2 <span class=\"_ _78\"> </span>Base de pr\u00e9paration</div>\n<div class=\"t m0 x5 h8 y8af ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La publication des \u00e9tats financiers consolid\u00e9s de bpost et du rapport du Conseil d\u2019Administration pr\u00e9par\u00e9s conform\u00e9ment \u00e0 l\u2019article 3 :32</div>\n<div class=\"t m0 x5 h7 y8b0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du code des soci\u00e9t\u00e9s et des associations (\"BCSA\") et repris aux pages 13 \u00e0 44, 51 \u00e0 67, 76 \u00e0 82, 87, 158 et 160 pour l\u2019exercice cl\u00f4tur\u00e9 au 31 <span class=\"ff5 lse2 wsc9\"><span class=\"ff4 ls0 ws0\"/></span></div>\n<div class=\"t m0 x5 h8 y3f6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9cembre 2022 a \u00e9t\u00e9 autoris\u00e9 par le Conseil d\u2019Administration de bpost du 16 mars 2023. Les \u00e9tats financiers consolid\u00e9s de bpost ont \u00e9t\u00e9 pr\u00e9-</div>\n<div class=\"t m0 x5 h7 y42c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par\u00e9s en respect des Normes Internationales d\u2019Information Financi\u00e8re (IFRS), comme adopt\u00e9es par l\u2019Union Europ\u00e9enne. bpost a pr\u00e9par\u00e9 les</div>\n<div class=\"t m0 x5 h8 y8b1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9tats financiers sur base de la poursuite normale des activit\u00e9s car il n'y a en effet pas d'incertitudes mat\u00e9rielles et les ressources pour conti-</div>\n<div class=\"t m0 x5 h8 y8b2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nuer les activit\u00e9s sont suffisantes. Bien q<span class=\"_ _5\"/>ue bpos<span class=\"_ _5\"/>t n'<span class=\"_ _d\"/>ai<span class=\"_ _5\"/>t pas d'act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s dire<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>s en Ukr<span class=\"_ _5\"/>aine ou e<span class=\"_ _5\"/>n Russ<span class=\"_ _5\"/>ie, bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>st affe<span class=\"_ _5\"/>ct\u00e9<span class=\"_ _5\"/>e par le<span class=\"_ _5\"/>s implic<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y8b3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">macr<span class=\"_ _5\"/>o\u00e9co<span class=\"_ _5\"/>nomiqu<span class=\"_ _5\"/>es de la g<span class=\"_ _5\"/>uer<span class=\"_ _5\"/>re (inf<span class=\"_ _5\"/>lation<span class=\"_ _5\"/>, augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s prix<span class=\"_ _5\"/>, bais<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s d\u00e9pe<span class=\"_ _5\"/>nse<span class=\"_ _5\"/>s de cons<span class=\"_ _5\"/>ommat<span class=\"_ _5\"/>ion ayant u<span class=\"_ _5\"/>n impac<span class=\"_ _5\"/>t sur le e<span class=\"_ _5\"/>-<span class=\"_ _5\"/>commer<span class=\"_ _5\"/>ce</div>\n<div class=\"t m0 x5 h8 y42d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et le<span class=\"_ _5\"/>s taux d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>compte). bp<span class=\"_ _5\"/>ost su<span class=\"_ _5\"/>r<span class=\"_ _5\"/>veille cet<span class=\"_ _5\"/>te \u00e9vo<span class=\"_ _5\"/>lutio<span class=\"_ _5\"/>n et conti<span class=\"_ _5\"/>nuer<span class=\"_ _5\"/>a \u00e0 \u00e9valu<span class=\"_ _5\"/>er les im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>ts fu<span class=\"_ _5\"/>turs<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y42e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>rs con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s son<span class=\"_ _5\"/>t pr\u00e9s<span class=\"_ _5\"/>ent\u00e9<span class=\"_ _5\"/>s en Euro (\u201c<span class=\"ff5 ls5d ws71\">EUR<span class=\"_ _5\"/></span>\u201d). T<span class=\"_ _1\"/>ous l<span class=\"_ _5\"/>es mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t arro<span class=\"_ _5\"/>ndis au mil<span class=\"_ _5\"/>lion le plu<span class=\"_ _5\"/>s proc<span class=\"_ _5\"/>he sauf m<span class=\"_ _5\"/>enti<span class=\"_ _5\"/>on par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y42f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">culi\u00e8<span class=\"_ _5\"/>re. Le<span class=\"_ _5\"/>s \u00e9tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9s so<span class=\"_ _5\"/>nt pr\u00e9p<span class=\"_ _5\"/>ar\u00e9s s<span class=\"_ _5\"/>elon le p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>pe du co\u00fbt h<span class=\"_ _5\"/>isto<span class=\"_ _5\"/>rique<span class=\"_ _5\"/>, except<span class=\"_ _5\"/>\u00e9 pour le<span class=\"_ _5\"/>s \u00e9l\u00e9m<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s \u00e9valu<span class=\"_ _5\"/>\u00e9s \u00e0 la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y431 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipes co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>les ad<span class=\"_ _5\"/>opt\u00e9s s<span class=\"_ _5\"/>ont conf<span class=\"_ _5\"/>orme<span class=\"_ _5\"/>s \u00e0 ceux a<span class=\"_ _5\"/>ppliqu<span class=\"_ _5\"/>\u00e9s po<span class=\"_ _5\"/>ur la pr\u00e9p<span class=\"_ _5\"/>arat<span class=\"_ _5\"/>ion des \u00e9<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inancie<span class=\"_ _5\"/>rs con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s annu<span class=\"_ _5\"/>els d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t pour</div>\n<div class=\"t m0 x5 h8 y432 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'exerc<span class=\"_ _5\"/>ice clos le 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2021, \u00e0 l'excep<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>ado<span class=\"_ _5\"/>ptio<span class=\"_ _5\"/>n de nou<span class=\"_ _5\"/>velles n<span class=\"_ _5\"/>orme<span class=\"_ _5\"/>s et inte<span class=\"_ _5\"/>rpr\u00e9<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ions en v<span class=\"_ _5\"/>igueu<span class=\"_ _5\"/>r \u00e0 par<span class=\"_ _5\"/>tir du 1er ja<span class=\"_ _5\"/>nvier 20<span class=\"_ _5\"/>22<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y434 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>mend<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts sui<span class=\"_ _5\"/>vant<span class=\"_ _5\"/>s aux n<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>es ex<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>antes s'appl<span class=\"_ _5\"/>iquent p<span class=\"_ _5\"/>our la pr<span class=\"_ _5\"/>emi\u00e8r<span class=\"_ _5\"/>e fois \u00e0 pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ir de 202<span class=\"_ _5\"/>2 :</div>\n<div class=\"t m0 x5 h8 y8b4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ls7 ws8\">IFRS 3<span class=\"_ _d\"/> \u2013 Amendements \u2013 R\u00e9f\u00e9renc<span class=\"_ _d\"/>e au cadre<span class=\"_ _d\"/> concept<span class=\"_ _d\"/>uel</span></div>\n<div class=\"t m0 x5 h8 y3f8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>IA<span class=\"_ _5\"/>S 16 \u2013 Ame<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s \u2013 Immob<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>tions co<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s : Produi<span class=\"_ _5\"/>ts ava<span class=\"_ _5\"/>nt utili<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n pr\u00e9v<span class=\"_ _5\"/>ue</div>\n<div class=\"t m0 x5 h8 y3f9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>IA<span class=\"_ _5\"/>S 37 \u2013 Am<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s \u2013 Cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>icit<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s \u2013 Co\u00fbt<span class=\"_ _5\"/>s d'ex\u00e9cu<span class=\"_ _5\"/>tion d'un co<span class=\"_ _5\"/>ntrat</div>\n<div class=\"t m0 x5 h8 y3fa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>IFR<span class=\"_ _5\"/>S 1 \u2013 AIP \u2013 Pre<span class=\"_ _5\"/>mi\u00e8re a<span class=\"_ _5\"/>dopti<span class=\"_ _5\"/>on des n<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>es inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>nales d'i<span class=\"_ _5\"/>nform<span class=\"_ _5\"/>ation f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ci\u00e8re \u2013 F<span class=\"_ _5\"/>iliale en t<span class=\"_ _5\"/>ant que p<span class=\"_ _5\"/>remie<span class=\"_ _5\"/>r adop<span class=\"_ _5\"/>tant</div>\n<div class=\"t m0 x5 h8 y3fb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>IFR<span class=\"_ _5\"/>S 9 \u2013 AIP \u2013 Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers \u2013 Fra<span class=\"_ _5\"/>is dans le te<span class=\"_ _5\"/>st de<span class=\"_ _5\"/>s \"10 pour cent<span class=\"_ _5\"/>\" pou<span class=\"_ _5\"/>r la d\u00e9co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s pas<span class=\"_ _5\"/>sifs f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y3fc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>IA<span class=\"_ _5\"/>S 41 \u2013 AIP \u2013 Ag<span class=\"_ _5\"/>ricul<span class=\"_ _5\"/>ture \u2013 Imp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on dans le<span class=\"_ _5\"/>s \u00e9valu<span class=\"_ _5\"/>ations d<span class=\"_ _5\"/>e la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y3fe ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ces m<span class=\"_ _5\"/>odif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>ions n'ont au<span class=\"_ _5\"/>cun impac<span class=\"_ _5\"/>t sur le<span class=\"_ _5\"/>s \u00e9ta<span class=\"_ _5\"/>ts f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers co<span class=\"_ _5\"/>nsol<span class=\"_ _5\"/>id\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 hb y5c ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Normes et interpr\u00e9ta<span class=\"_ _d\"/>tions publi\u00e9es mais<span class=\"_ _d\"/> qui ne sont p<span class=\"_ _d\"/>as encore<span class=\"_ _d\"/> appliqu\u00e9es par bpost</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les n<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>es, in<span class=\"_ _5\"/>terpr<span class=\"_ _5\"/>\u00e9tat<span class=\"_ _5\"/>ion, a<span class=\"_ _5\"/>mend<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>s et r<span class=\"_ _5\"/>\u00e9visi<span class=\"_ _5\"/>ons sui<span class=\"_ _5\"/>vant<span class=\"_ _5\"/>s, ad<span class=\"_ _5\"/>opt\u00e9<span class=\"_ _5\"/>es mais n<span class=\"_ _5\"/>on enco<span class=\"_ _5\"/>re en vig<span class=\"_ _5\"/>ueur ou s<span class=\"_ _5\"/>ur le poin<span class=\"_ _5\"/>t de deve<span class=\"_ _5\"/>nir oblig<span class=\"_ _5\"/>atoire<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u2019<span class=\"_ _d\"/>ont p<span class=\"_ _5\"/>as \u00e9t\u00e9 ap<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>es par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t pour la p<span class=\"_ _5\"/>r\u00e9par<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de se<span class=\"_ _5\"/>s \u00e9tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inancie<span class=\"_ _5\"/>rs con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t m0 x7 hc y8b5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NORMES OU<span class=\"_ _d\"/> INTERPR\u00c9TA<span class=\"_ _1\"/>TIONS<span class=\"_ _123\"> </span><span class=\"ls0 ws0\">EF<span class=\"_ _5\"/>FEC<span class=\"_ _5\"/>TIF P<span class=\"_ _5\"/>OUR L<span class=\"_ _5\"/>E REP<span class=\"_ _5\"/>ORT<span class=\"_ _5\"/>ING CO<span class=\"_ _5\"/>MM<span class=\"_ _5\"/>AN\u00c7<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NT AU OU A<span class=\"_ _5\"/>PR<span class=\"_ _5\"/>\u00c8S LE</span></div>\n<div class=\"t m0 x7 hd y8b6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">IAS 1 \u2013 Amendements</div>\n<div class=\"t m0 x37 he y8b7 ff4 fs9 fc2 sc0 lse3 ws106\" style=\"z-index: 15;\">(*)</div>\n<div class=\"t m0 xf hd y8b6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 Cla<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>men<span class=\"_ _5\"/>t des pa<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>fs en<span class=\"_ _5\"/>tre le<span class=\"_ _5\"/>s cat\u00e9<span class=\"_ _5\"/>gori<span class=\"_ _5\"/>es cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s et n<span class=\"_ _5\"/>on cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s<span class=\"_ _16e\"> </span><span class=\"ls1f ws21\">1 janvier 202<span class=\"_ _d\"/>4</span></div>\n<div class=\"t m0 x7 hd y8b8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IFR<span class=\"_ _5\"/>S 1<span class=\"_ _d\"/>7 \u2013 Con<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>s d'as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce<span class=\"_ _19f\"> </span><span class=\"ls1f ws21\">1 janvier 2023</span></div>\n<div class=\"t m0 x7 hd y8b9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IA<span class=\"_ _5\"/>S 1 \u2013 Am<span class=\"_ _5\"/>end<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t IFRS En<span class=\"_ _5\"/>onc\u00e9 d<span class=\"_ _5\"/>es pr<span class=\"_ _5\"/>atiq<span class=\"_ _5\"/>ues 2  \u2013  In<span class=\"_ _5\"/>form<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns \u00e0 fou<span class=\"_ _5\"/>rnir s<span class=\"_ _5\"/>ur les</div>\n<div class=\"t m0 x7 hd y8ba ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">m\u00e9thodes<span class=\"_ _d\"/> comp<span class=\"_ _d\"/>tables</div>\n<div class=\"t m0 xf4 hd y8b9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">1 janvier 2023</div>\n<div class=\"t m0 x7 hd y8bb ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IA<span class=\"_ _5\"/>S 8 \u2013 Am<span class=\"_ _5\"/>end<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts  \u2013  D<span class=\"_ _5\"/>\u00e9f<span class=\"_ _5\"/>initi<span class=\"_ _5\"/>on de<span class=\"_ _5\"/>s est<span class=\"_ _5\"/>imat<span class=\"_ _5\"/>ions co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bles<span class=\"_ _168\"> </span><span class=\"ls1f ws21\">1 janvier 2<span class=\"_ _d\"/>02<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd y8bc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IA<span class=\"_ _5\"/>S 12 \u2013 A<span class=\"_ _5\"/>men<span class=\"_ _5\"/>dem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s  \u2013  T<span class=\"_ _1\"/>a<span class=\"_ _5\"/>xes dif<span class=\"_ _5\"/>f\u00e9<span class=\"_ _5\"/>r\u00e9s r<span class=\"_ _5\"/>elat<span class=\"_ _5\"/>ifs au<span class=\"_ _5\"/>x ac<span class=\"_ _5\"/>tifs e<span class=\"_ _5\"/>t pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s r\u00e9s<span class=\"_ _5\"/>ultan<span class=\"_ _5\"/>t d'une</div>\n<div class=\"t m0 x7 hd y8bd ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">transa<span class=\"_ _5\"/>ction unique</div>\n<div class=\"t m0 xf4 hd y8bc ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">1 janvier 2023</div>\n<div class=\"t m0 x7 hd y8be ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">IFRS 1<span class=\"_ _d\"/>6 \u2013<span class=\"_ _d\"/> Amendement<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x162 he y8bf ff4 fs9 fc2 sc0 lse3 ws106\" style=\"z-index: 15;\">(*)</div>\n<div class=\"t m0 xc8 hd y8c0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion de d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te dans u<span class=\"_ _5\"/>n sale e<span class=\"_ _5\"/>t leas<span class=\"_ _5\"/>ebac<span class=\"_ _5\"/>k<span class=\"_ _ff\"> </span><span class=\"ls1f ws21\">1<span class=\"_ _d\"/> janvier 2024</span></div>\n<div class=\"t m0 x5 h10 y8ad ff8 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(*) Pas encore a<span class=\"_ _5\"/>dopt\u00e9 pa<span class=\"_ _5\"/>r l\u2019Unio<span class=\"_ _5\"/>n Europ\u00e9e<span class=\"_ _5\"/>nne \u00e0 la date de ce rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 27px; height: 710px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st n\u2019a pas ado<span class=\"_ _5\"/>pt\u00e9 de fa<span class=\"_ _5\"/>\u00e7on anti<span class=\"_ _5\"/>cip\u00e9<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>aut<span class=\"_ _5\"/>res n<span class=\"_ _5\"/>orme<span class=\"_ _5\"/>s, inte<span class=\"_ _5\"/>rpr\u00e9<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ions ou a<span class=\"_ _5\"/>mend<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>s pub<span class=\"_ _5\"/>li\u00e9s ma<span class=\"_ _5\"/>is non en<span class=\"_ _5\"/>core d\u2019appl<span class=\"_ _5\"/>icati<span class=\"_ _5\"/>on effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ive.</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>odif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>ions n<span class=\"_ _5\"/>e devr<span class=\"_ _5\"/>aient p<span class=\"_ _5\"/>as avoir un im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t mat\u00e9r<span class=\"_ _5\"/>iel sur le<span class=\"_ _5\"/>s \u00e9tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9s de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 1047px; height: 35px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag400": {
   "value": "du code des soci\u00e9t\u00e9s et des associations (\"BCSA\") et repris aux pages 13 \u00e0 44, 51 \u00e0 67, 76 \u00e0 82, 87, 158 et 160 pour l\u2019exercice cl\u00f4tur\u00e9 au 31 d\u00e9cembre 2022 a \u00e9t\u00e9 autoris\u00e9 par le Conseil d\u2019Administration de bpost du 16 mars 2023.La publication des \u00e9tats financiers consolid\u00e9s de bpost et du rapport du Conseil d\u2019Administration pr\u00e9par\u00e9s conform\u00e9ment \u00e0 l\u2019article 3 :32",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag388": {
   "value": "nuer les activit\u00e9s sont suffisantes.Les \u00e9tats financiers consolid\u00e9s de bpost ont \u00e9t\u00e9 pr\u00e9-\u00e9tats financiers sur base de la poursuite normale des activit\u00e9s car il n'y a en effet pas d'incertitudes mat\u00e9rielles et les ressources pour conti-par\u00e9s en respect des Normes Internationales d\u2019Information Financi\u00e8re (IFRS), comme adopt\u00e9es par l\u2019Union Europ\u00e9enne. bpost a pr\u00e9par\u00e9 les",
   "dimensions": {
    "concept": "ifrs-full:StatementOfIFRSCompliance",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag404": {
   "value": "\n<div class=\"t m0 x5 h1a y84 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>3 <span class=\"_ _78\"> </span>Ju<span class=\"_ _d\"/>gements co<span class=\"_ _d\"/>mptabl<span class=\"_ _d\"/>es essentiels et estimati<span class=\"_ _d\"/>ons</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Plusi<span class=\"_ _5\"/>eurs j<span class=\"_ _5\"/>ugeme<span class=\"_ _5\"/>nts co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>les es<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>tiel<span class=\"_ _5\"/>s sous \u2013 t<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>nt la pr\u00e9p<span class=\"_ _5\"/>arat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s \u00e9tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s confo<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>ment au<span class=\"_ _5\"/>x nor<span class=\"_ _5\"/>mes IF<span class=\"_ _5\"/>RS. Il<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ont un im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur la val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs et d<span class=\"_ _5\"/>es pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s. De<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>timati<span class=\"_ _5\"/>ons et hy<span class=\"_ _5\"/>poth<span class=\"_ _5\"/>\u00e8se<span class=\"_ _5\"/>s concer<span class=\"_ _5\"/>nant l\u2019avenir s<span class=\"_ _5\"/>ont \u00e9t<span class=\"_ _5\"/>ablie<span class=\"_ _5\"/>s. Elle<span class=\"_ _5\"/>s sont r<span class=\"_ _5\"/>\u00e9\u00e9va<span class=\"_ _5\"/>lu\u00e9e<span class=\"_ _5\"/>s en</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">permanence et<span class=\"_ _d\"/> reposent sur<span class=\"_ _d\"/> des mod\u00e8les et<span class=\"_ _d\"/> des attentes hi<span class=\"_ _d\"/>storiquement \u00e9tablis<span class=\"_ _d\"/> par rapport aux \u00e9v\u00e9nements futu<span class=\"_ _d\"/>rs qui semblen<span class=\"_ _d\"/>t raison<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">nabl<span class=\"_ _d\"/>es au<span class=\"_ _d\"/> vu des<span class=\"_ _d\"/> circ<span class=\"_ _d\"/>onstanc<span class=\"_ _d\"/>es actuel<span class=\"_ _d\"/>les.</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>utes le<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es et e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>ables u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9es dan<span class=\"_ _5\"/>s la pr\u00e9<span class=\"_ _5\"/>parat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s \u00e9tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers s<span class=\"_ _5\"/>ont en ad<span class=\"_ _5\"/>\u00e9quat<span class=\"_ _5\"/>ion avec l<span class=\"_ _5\"/>es der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns du bu<span class=\"_ _5\"/>dget / pla<span class=\"_ _5\"/>n \u00e0 long ter<span class=\"_ _5\"/>me de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>. Les ju<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ont bas<span class=\"_ _5\"/>\u00e9s sur le<span class=\"_ _5\"/>s infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>ns disp<span class=\"_ _5\"/>onible<span class=\"_ _5\"/>s aux date<span class=\"_ _5\"/>s de cha<span class=\"_ _5\"/>que bila<span class=\"_ _5\"/>n. Bie<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que le<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>timati<span class=\"_ _5\"/>ons so<span class=\"_ _5\"/>ient ba<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s sur les m<span class=\"_ _5\"/>eilleur<span class=\"_ _5\"/>es info<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>ions dis<span class=\"_ _5\"/>ponib<span class=\"_ _5\"/>les au Ma<span class=\"_ _5\"/>nageme<span class=\"_ _5\"/>nt, le r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>at r\u00e9el p<span class=\"_ _5\"/>eut v<span class=\"_ _5\"/>arie<span class=\"_ _5\"/>r de ces es<span class=\"_ _5\"/>tima<span class=\"_ _5\"/>tions<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 hb y7 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">R\u00e9duction de valeur<span class=\"_ _d\"/> d'actifs</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st eff<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tue de<span class=\"_ _5\"/>s test<span class=\"_ _5\"/>s ann<span class=\"_ _5\"/>uel<span class=\"_ _5\"/>s de r\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de va<span class=\"_ _5\"/>leur sur d<span class=\"_ _5\"/>es UGT a<span class=\"_ _5\"/>uxquel<span class=\"_ _5\"/>les un goo<span class=\"_ _5\"/>dwill a \u00e9<span class=\"_ _5\"/>t\u00e9 allou\u00e9 e<span class=\"_ _5\"/>t \u00e0 chaqu<span class=\"_ _5\"/>e fois qu\u2019i<span class=\"_ _5\"/>l exis<span class=\"_ _5\"/>te un indi<span class=\"_ _5\"/>ce</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de d\u00e9<span class=\"_ _5\"/>pr\u00e9c<span class=\"_ _5\"/>iation<span class=\"_ _5\"/>. Le Manage<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>oit r\u00e9al<span class=\"_ _5\"/>iser d<span class=\"_ _5\"/>es jugem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s impo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s et es<span class=\"_ _5\"/>timat<span class=\"_ _5\"/>ions af<span class=\"_ _5\"/>in de d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>miner la v<span class=\"_ _5\"/>aleur r<span class=\"_ _5\"/>ecouv<span class=\"_ _5\"/>rabl<span class=\"_ _5\"/>e d'un act<span class=\"_ _5\"/>if.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nts r<span class=\"_ _5\"/>ecouv<span class=\"_ _5\"/>rabl<span class=\"_ _5\"/>es son<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>s sur la va<span class=\"_ _5\"/>leur d'util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on. Pou<span class=\"_ _5\"/>r \u00e9valu<span class=\"_ _5\"/>er cet<span class=\"_ _5\"/>te der<span class=\"_ _5\"/>ni\u00e8re<span class=\"_ _5\"/>, les f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e futur<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>s sont a<span class=\"_ _5\"/>ctua<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h7 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lis<span class=\"_ _5\"/>\u00e9s \u00e0 leur v<span class=\"_ _5\"/>aleur a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>elle \u00e0 l'aide d'un ta<span class=\"_ _5\"/>ux d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>\u00e9 selo<span class=\"_ _5\"/>n la form<span class=\"_ _5\"/>ule du co\u00fbt m<span class=\"_ _5\"/>oyen po<span class=\"_ _5\"/>nd\u00e9r<span class=\"_ _5\"/>\u00e9 du capi<span class=\"_ _5\"/>tal (\"<span class=\"_ _5\"/><span class=\"ff5 ls8 ws9\">WACC</span>\"<span class=\"_ _5\"/>). La d\u00e9te<span class=\"_ _5\"/>rmina<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9sor<span class=\"_ _5\"/>erie n<span class=\"_ _5\"/>\u00e9ces<span class=\"_ _5\"/>site l'ut<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ion de ju<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>timat<span class=\"_ _5\"/>ions in<span class=\"_ _5\"/>t\u00e9gr\u00e9<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s plans e<span class=\"_ _5\"/>t budge<span class=\"_ _5\"/>ts ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s, ain<span class=\"_ _5\"/>si que de<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">app<span class=\"_ _5\"/>liqu\u00e9<span class=\"_ _5\"/>es rela<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>s au tau<span class=\"_ _5\"/>x de crois<span class=\"_ _5\"/>san<span class=\"_ _5\"/>ce \u00e0 long te<span class=\"_ _5\"/>rme et a<span class=\"_ _5\"/>u WACC.</div>\n<div class=\"t m0 x5 hb yc ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Avant<span class=\"_ _5\"/>ages au per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el \u2013 IA<span class=\"_ _5\"/>S <span class=\"_ _d\"/>19</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les h<span class=\"_ _5\"/>ypoth<span class=\"_ _5\"/>\u00e8se<span class=\"_ _5\"/>s cl\u00e9s in<span class=\"_ _5\"/>h\u00e9re<span class=\"_ _5\"/>ntes \u00e0 l\u2019\u00e9valua<span class=\"_ _5\"/>tion du p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>f relat<span class=\"_ _5\"/>if aux ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s au per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el et \u00e0 la f<span class=\"_ _5\"/>ixa<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des r<span class=\"_ _5\"/>\u00e9gime<span class=\"_ _5\"/>s de ret<span class=\"_ _5\"/>rait<span class=\"_ _5\"/>e in-</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clue<span class=\"_ _5\"/>nt la rot<span class=\"_ _5\"/>ation du p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l, le ta<span class=\"_ _5\"/>ux d\u2019accept<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>, le tau<span class=\"_ _5\"/>x de mor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>alit\u00e9, l\u2019\u00e2ge du d<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>t \u00e0 la re<span class=\"_ _5\"/>trai<span class=\"_ _5\"/>te, les t<span class=\"_ _5\"/>aux d\u2019ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>, les aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns des av<span class=\"_ _5\"/>antag<span class=\"_ _5\"/>es et le<span class=\"_ _5\"/>s futur<span class=\"_ _5\"/>es haus<span class=\"_ _5\"/>se<span class=\"_ _5\"/>s de sala<span class=\"_ _5\"/>ire, ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>s\u00e9s s<span class=\"_ _5\"/>ur base a<span class=\"_ _5\"/>nnuell<span class=\"_ _5\"/>e. La r\u00e9<span class=\"_ _5\"/>f\u00e9ren<span class=\"_ _5\"/>ce \u00e0 la bas<span class=\"_ _5\"/>e de donn<span class=\"_ _5\"/>\u00e9es r<span class=\"_ _5\"/>epren<span class=\"_ _5\"/>ant chaq<span class=\"_ _5\"/>ue ann\u00e9<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les d<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>es his<span class=\"_ _5\"/>tori<span class=\"_ _5\"/>ques di<span class=\"_ _5\"/>sponi<span class=\"_ _5\"/>bles \u00e9t<span class=\"_ _5\"/>ant gr<span class=\"_ _5\"/>andis<span class=\"_ _5\"/>san<span class=\"_ _5\"/>te, les do<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s dev<span class=\"_ _5\"/>ienne<span class=\"_ _5\"/>nt de plus e<span class=\"_ _5\"/>n plus s<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>es et coh<span class=\"_ _5\"/>\u00e9ren<span class=\"_ _5\"/>tes. L<span class=\"_ _5\"/>es circo<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>ances</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9e<span class=\"_ _5\"/>lles p<span class=\"_ _5\"/>euve<span class=\"_ _5\"/>nt diver<span class=\"_ _5\"/>ger de ce<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es, ce qu<span class=\"_ _5\"/>i engen<span class=\"_ _5\"/>dre un pas<span class=\"_ _5\"/>sif diff<span class=\"_ _5\"/>\u00e9rent a<span class=\"_ _5\"/>u niveau d<span class=\"_ _5\"/>es avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s au per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el, le<span class=\"_ _5\"/>quel p<span class=\"_ _5\"/>eut se r<span class=\"_ _5\"/>ef<span class=\"_ _5\"/>l\u00e9ter</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le co<span class=\"_ _5\"/>mpte de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats o<span class=\"_ _5\"/>u dans l\u2019\u00e9tat d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al cons<span class=\"_ _5\"/>olid\u00e9 su<span class=\"_ _5\"/>ivant la n<span class=\"_ _5\"/>ature de l\u2019avant<span class=\"_ _5\"/>age.</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s de mor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>alit\u00e9 ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>nt les ta<span class=\"_ _5\"/>bles b<span class=\"_ _5\"/>elges d<span class=\"_ _5\"/>e mor<span class=\"_ _5\"/>tal<span class=\"_ _5\"/>it\u00e9 MR (po<span class=\"_ _5\"/>ur les ho<span class=\"_ _5\"/>mmes) et F<span class=\"_ _5\"/>R (pour le<span class=\"_ _5\"/>s femm<span class=\"_ _5\"/>es), avec un ajus<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent de</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'\u00e2ge \u00e0 con<span class=\"_ _5\"/>curre<span class=\"_ _5\"/>nce de de<span class=\"_ _5\"/>ux ans<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t a d\u00e9c<span class=\"_ _5\"/>id\u00e9 de re<span class=\"_ _5\"/>fl\u00e9<span class=\"_ _5\"/>ter les a<span class=\"_ _5\"/>m\u00e9lio<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>ons en te<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s de mor<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>lit\u00e9 en ad<span class=\"_ _5\"/>opta<span class=\"_ _5\"/>nt une cor<span class=\"_ _5\"/>rec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n d'\u00e2ge de</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">deu<span class=\"_ _5\"/>x ans par r<span class=\"_ _5\"/>app<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t aux ta<span class=\"_ _5\"/>bles off<span class=\"_ _5\"/>ici<span class=\"_ _5\"/>elles<span class=\"_ _5\"/>, tan<span class=\"_ _5\"/>t pour le<span class=\"_ _5\"/>s collab<span class=\"_ _5\"/>orate<span class=\"_ _5\"/>urs ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s qu'inac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En ce qui con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>avan<span class=\"_ _5\"/>tage \u201cR\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des ab<span class=\"_ _5\"/>sence<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>es\u201d<span class=\"_ _d\"/>, le m<span class=\"_ _5\"/>od\u00e8le d<span class=\"_ _5\"/>e conso<span class=\"_ _5\"/>mmatio<span class=\"_ _5\"/>n des jo<span class=\"_ _5\"/>urs de ma<span class=\"_ _5\"/>ladie d<span class=\"_ _5\"/>\u00e9coule d<span class=\"_ _5\"/>es st<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiq<span class=\"_ _5\"/>ues de la m<span class=\"_ _5\"/>oyenne d<span class=\"_ _5\"/>e conso<span class=\"_ _5\"/>mmati<span class=\"_ _5\"/>on sur une m<span class=\"_ _5\"/>oyenne m<span class=\"_ _5\"/>obile d<span class=\"_ _5\"/>e 3 ans (les a<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s 2020 \u00e0 202<span class=\"_ _5\"/>2 pour d<span class=\"_ _5\"/>\u00e9cem<span class=\"_ _5\"/>bre 202<span class=\"_ _5\"/>2). Le nombr<span class=\"_ _5\"/>e de jour<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de mal<span class=\"_ _5\"/>adie d\u00e9<span class=\"_ _5\"/>pend d<span class=\"_ _5\"/>e l\u2019\u00e2ge, iden<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>i\u00e9 par se<span class=\"_ _5\"/>gmen<span class=\"_ _5\"/>t de la pop<span class=\"_ _5\"/>ulatio<span class=\"_ _5\"/>n concer<span class=\"_ _5\"/>n\u00e9e<span class=\"_ _5\"/>. Le tau<span class=\"_ _5\"/>x de sal<span class=\"_ _5\"/>aire gar<span class=\"_ _5\"/>anti a \u00e9<span class=\"_ _5\"/>t\u00e9 fi<span class=\"_ _5\"/>x\u00e9 \u00e0 75 % en cas d<span class=\"_ _5\"/>e malad<span class=\"_ _5\"/>ie de</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">long<span class=\"_ _5\"/>ue dur\u00e9<span class=\"_ _5\"/>e. Par con<span class=\"_ _5\"/>s\u00e9qu<span class=\"_ _5\"/>ent, l<span class=\"_ _5\"/>e pource<span class=\"_ _5\"/>ntage d<span class=\"_ _5\"/>u salair<span class=\"_ _5\"/>e gara<span class=\"_ _5\"/>nti po<span class=\"_ _5\"/>ur la d\u00e9te<span class=\"_ _5\"/>rminat<span class=\"_ _5\"/>ion du co\u00fb<span class=\"_ _5\"/>t de jour<span class=\"_ _5\"/>s accum<span class=\"_ _5\"/>ul\u00e9s dan<span class=\"_ _5\"/>s le compte no<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>el</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t fi<span class=\"_ _5\"/>x\u00e9 \u00e0 25 %<span class=\"_ _5\"/>. Le sol<span class=\"_ _5\"/>de des j<span class=\"_ _5\"/>ours d<span class=\"_ _5\"/>e maladie n<span class=\"_ _5\"/>on util<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>ar les s<span class=\"_ _5\"/>tatu<span class=\"_ _5\"/>taire<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>t d\u00e9so<span class=\"_ _5\"/>rmais l<span class=\"_ _5\"/>imit\u00e9 \u00e0 un ma<span class=\"_ _5\"/>ximum de 6<span class=\"_ _5\"/>3 jour<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De pa<span class=\"_ _5\"/>r la loi, le<span class=\"_ _5\"/>s plans \u00e0 cot<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>nt, en B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue, so<span class=\"_ _5\"/>umis \u00e0 un re<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent minim<span class=\"_ _5\"/>um gara<span class=\"_ _5\"/>nti. C\u2019est p<span class=\"_ _5\"/>ourqu<span class=\"_ _5\"/>oi ces pl<span class=\"_ _5\"/>ans son<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9s co<span class=\"_ _5\"/>mme pla<span class=\"_ _5\"/>ns \u00e0 pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>\u00e9fin<span class=\"_ _5\"/>ies<span class=\"_ _5\"/>, ce qui requ<span class=\"_ _5\"/>ier<span class=\"_ _5\"/>t que la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de de<span class=\"_ _5\"/>s unit\u00e9s d<span class=\"_ _5\"/>e cr\u00e9di<span class=\"_ _5\"/>t proje<span class=\"_ _5\"/>t\u00e9es s<span class=\"_ _5\"/>oit ap<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>e pour v<span class=\"_ _5\"/>alori<span class=\"_ _5\"/>ser ce<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">obli<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>ns. B<span class=\"_ _5\"/>ien que l\u2019app<span class=\"_ _5\"/>roche n<span class=\"_ _5\"/>e soit to<span class=\"_ _5\"/>ujour<span class=\"_ _5\"/>s pas comp<span class=\"_ _5\"/>l\u00e8tem<span class=\"_ _5\"/>ent clar<span class=\"_ _5\"/>if<span class=\"_ _5\"/>i\u00e9e, la n<span class=\"_ _5\"/>ouve<span class=\"_ _5\"/>lle l\u00e9gis<span class=\"_ _5\"/>latio<span class=\"_ _5\"/>n de d\u00e9ce<span class=\"_ _5\"/>mbre 2015 a a<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t\u00e9 p<span class=\"_ _5\"/>lus de pr\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cisi<span class=\"_ _5\"/>ons sur le<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x de ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt minimum g<span class=\"_ _5\"/>aran<span class=\"_ _5\"/>tis. L<span class=\"_ _1\"/>\u2019in<span class=\"_ _5\"/>cer<span class=\"_ _5\"/>titu<span class=\"_ _5\"/>de concer<span class=\"_ _5\"/>nant l\u2019\u00e9volu<span class=\"_ _5\"/>tion f<span class=\"_ _5\"/>uture de<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x de ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt minimum g<span class=\"_ _5\"/>aran<span class=\"_ _5\"/>tis en</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Be<span class=\"_ _5\"/>lgique a \u00e9<span class=\"_ _5\"/>t\u00e9 lev\u00e9<span class=\"_ _5\"/>e avec l'adapt<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de la loi sur l<span class=\"_ _5\"/>es pen<span class=\"_ _5\"/>sions co<span class=\"_ _5\"/>mpl\u00e9m<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>ires (<span class=\"_ _5\"/>WAP<span class=\"_ _d\"/>/L<span class=\"_ _5\"/>PC) f<span class=\"_ _5\"/>in d\u00e9cem<span class=\"_ _5\"/>bre 2015<span class=\"_ _5\"/>. A par<span class=\"_ _5\"/>tir de 2016, le r<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">minim<span class=\"_ _5\"/>al pour le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ions f<span class=\"_ _5\"/>uture<span class=\"_ _5\"/>s corre<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>d \u00e0 un pour<span class=\"_ _5\"/>centa<span class=\"_ _5\"/>ge du ren<span class=\"_ _5\"/>demen<span class=\"_ _5\"/>t moyen de<span class=\"_ _5\"/>s 24 der<span class=\"_ _5\"/>nier<span class=\"_ _5\"/>s mois p<span class=\"_ _5\"/>our des o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ions li<span class=\"_ _5\"/>n\u00e9aire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 10 ans<span class=\"_ _5\"/>, avec un min<span class=\"_ _5\"/>imum de 1,75 % par an<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t cont<span class=\"_ _5\"/>inue d\u2019appli<span class=\"_ _5\"/>quer la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de PUC (Pro<span class=\"_ _5\"/>jec<span class=\"_ _5\"/>ted Unit C<span class=\"_ _5\"/>redit<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, cep<span class=\"_ _5\"/>endan<span class=\"_ _5\"/>t, dep<span class=\"_ _5\"/>uis 2018,</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">san<span class=\"_ _5\"/>s proje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s futur<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ions \u00e9<span class=\"_ _5\"/>tant d<span class=\"_ _5\"/>onn\u00e9 que l<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ions n\u2019augme<span class=\"_ _5\"/>ntent pa<span class=\"_ _5\"/>s avec l\u2019\u00e2ge, e<span class=\"_ _5\"/>t avec ap<span class=\"_ _5\"/>plica<span class=\"_ _5\"/>tion du pa<span class=\"_ _5\"/>ragr<span class=\"_ _5\"/>aphe</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">115 d<span class=\"_ _5\"/>\u2019IA<span class=\"_ _5\"/>S 19.</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de de f<span class=\"_ _5\"/>inance<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es allo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>ns fam<span class=\"_ _5\"/>iliales p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s agent<span class=\"_ _5\"/>s st<span class=\"_ _5\"/>atuta<span class=\"_ _5\"/>ires a ch<span class=\"_ _5\"/>ang\u00e9 en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>'une adapt<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de la loi (lo<span class=\"_ _5\"/>i du 19</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>cembre 2014). Par cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nt, b<span class=\"_ _5\"/>post p<span class=\"_ _5\"/>aie en t<span class=\"_ _5\"/>ant qu'ins<span class=\"_ _5\"/>titut<span class=\"_ _5\"/>ion pu<span class=\"_ _5\"/>blique un<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion d\u00e9f<span class=\"_ _5\"/>inie p<span class=\"_ _5\"/>ar une loi \u2013 p<span class=\"_ _5\"/>rogra<span class=\"_ _5\"/>mme. Le m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nt es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">adap<span class=\"_ _5\"/>t\u00e9 chaqu<span class=\"_ _5\"/>e ann\u00e9<span class=\"_ _5\"/>e prop<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent au no<span class=\"_ _5\"/>mbre d'agen<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>tatu<span class=\"_ _5\"/>taire<span class=\"_ _5\"/>s (\u00e9quiv<span class=\"_ _5\"/>alent<span class=\"_ _5\"/>s temp<span class=\"_ _5\"/>s plein) et e<span class=\"_ _5\"/>st so<span class=\"_ _5\"/>umis \u00e0 l'inf<span class=\"_ _5\"/>latio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour la p<span class=\"_ _5\"/>lupar<span class=\"_ _5\"/>t de<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages<span class=\"_ _5\"/>, un co\u00fbt moye<span class=\"_ _5\"/>n par me<span class=\"_ _5\"/>mbre ina<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f est a<span class=\"_ _5\"/>ppliqu<span class=\"_ _5\"/>\u00e9 en vue d<span class=\"_ _5\"/>e la valo<span class=\"_ _5\"/>risa<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages<span class=\"_ _5\"/>. Ce co\u00fbt m<span class=\"_ _5\"/>oyen a \u00e9t\u00e9</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>tim\u00e9 e<span class=\"_ _5\"/>n divis<span class=\"_ _5\"/>ant le co\u00fb<span class=\"_ _5\"/>t annue<span class=\"_ _5\"/>l pour le<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res ina<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>fs par le n<span class=\"_ _5\"/>ombr<span class=\"_ _5\"/>e de b\u00e9n<span class=\"_ _5\"/>\u00e9fi<span class=\"_ _5\"/>ciaire<span class=\"_ _5\"/>s inac<span class=\"_ _5\"/>tifs<span class=\"_ _5\"/>, bas<span class=\"_ _5\"/>\u00e9 sur les d<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>es re\u00e7<span class=\"_ _5\"/>ues de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>A<span class=\"_ _5\"/>dminis<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es Pens<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n ont \u00e9t\u00e9 d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9s p<span class=\"_ _5\"/>ar r\u00e9f\u00e9<span class=\"_ _5\"/>rence au<span class=\"_ _5\"/>x tau<span class=\"_ _5\"/>x de rend<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts du m<span class=\"_ _5\"/>arch\u00e9 \u00e0 la d<span class=\"_ _5\"/>ate du bilan d<span class=\"_ _5\"/>e la soc<span class=\"_ _5\"/>i\u00e9t\u00e9. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a utilis<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'outil \u201c<span class=\"_ _5\"/>T<span class=\"_ _1\"/>owe<span class=\"_ _5\"/>rs Wat<span class=\"_ _5\"/>son R<span class=\"_ _5\"/>ATE: link to<span class=\"_ _5\"/>ol</div>\n<div class=\"t m0 x7d h1c y245 ff4 fs12 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">5</div>\n<div class=\"t m0 x163 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u201d pou<span class=\"_ _5\"/>r la d\u00e9te<span class=\"_ _5\"/>rminat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s taux d'ac<span class=\"_ _5\"/>tual<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on, cons<span class=\"_ _5\"/>id\u00e9r<span class=\"_ _5\"/>ant un mix d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>oblig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns A<span class=\"_ _5\"/>A f<span class=\"_ _5\"/>inanci\u00e8<span class=\"_ _5\"/>res e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">non financi\u00e8r<span class=\"_ _d\"/>es.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 72px; height: 935px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Les aju<span class=\"_ _5\"/>stem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s <span class=\"_ _d\"/>de la ju<span class=\"_ _5\"/>ste vale<span class=\"_ _5\"/>ur pour les reg<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ises</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment \u00e0 l<span class=\"_ _5\"/>a norm<span class=\"_ _5\"/>e IFRS 3 Re<span class=\"_ _5\"/>group<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es, le<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs i<span class=\"_ _5\"/>denti<span class=\"_ _5\"/>fiab<span class=\"_ _5\"/>les acq<span class=\"_ _5\"/>uis et la con<span class=\"_ _5\"/>trepa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie cond<span class=\"_ _5\"/>ition<span class=\"_ _5\"/>nelle s<span class=\"_ _5\"/>ont \u00e9va<span class=\"_ _5\"/>lu\u00e9s</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 leur j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur \u00e0 la dat<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on dans le c<span class=\"_ _5\"/>adre d\u2019un re<span class=\"_ _5\"/>group<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt d\u2019<span class=\"_ _d\"/>en<span class=\"_ _5\"/>trepr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s. Le<span class=\"_ _5\"/>s ajus<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>a juste v<span class=\"_ _5\"/>aleur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs s<span class=\"_ _5\"/>ont</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bas<span class=\"_ _5\"/>\u00e9s sur d<span class=\"_ _5\"/>es \u00e9va<span class=\"_ _5\"/>luation<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>es ou de<span class=\"_ _5\"/>s mod<span class=\"_ _5\"/>\u00e8les d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion. Lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue la cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie condit<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle res<span class=\"_ _5\"/>pec<span class=\"_ _5\"/>te la d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>une d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te,</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">elle e<span class=\"_ _5\"/>st en<span class=\"_ _5\"/>suite r\u00e9<span class=\"_ _5\"/>\u00e9val<span class=\"_ _5\"/>u\u00e9e \u00e0 sa j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur \u00e0 cha<span class=\"_ _5\"/>que date d<span class=\"_ _5\"/>e repo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ing. L<span class=\"_ _5\"/>a d\u00e9ter<span class=\"_ _5\"/>minat<span class=\"_ _5\"/>ion de s<span class=\"_ _5\"/>a juste v<span class=\"_ _5\"/>aleur e<span class=\"_ _5\"/>st ba<span class=\"_ _5\"/>s\u00e9e su<span class=\"_ _5\"/>r les f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>re-</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rie a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ualis\u00e9<span class=\"_ _5\"/>s. Le<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>les pre<span class=\"_ _5\"/>nnent e<span class=\"_ _5\"/>n consid<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion la pr<span class=\"_ _5\"/>obabi<span class=\"_ _5\"/>lit\u00e9 d\u2019atte<span class=\"_ _5\"/>indre ch<span class=\"_ _5\"/>aque cib<span class=\"_ _5\"/>le de pe<span class=\"_ _5\"/>rf<span class=\"_ _5\"/>orman<span class=\"_ _5\"/>ce et le fa<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tualisation.</div>\n<div class=\"t m0 x5 hb y88 ff7 fs6 fc3 sc0 ls0 wsd6\" style=\"z-index: 15;\">Revenu<span class=\"_ _5\"/>s et provi<span class=\"_ _5\"/>sions <span class=\"_ _5\"/>y aff\u00e9<span class=\"_ _5\"/>rant</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st tr<span class=\"_ _5\"/>aite et e<span class=\"_ _5\"/>xp\u00e9<span class=\"_ _5\"/>die le cour<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>r et les co<span class=\"_ _5\"/>lis inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>naux \u00e0 de<span class=\"_ _5\"/>st<span class=\"_ _5\"/>inatio<span class=\"_ _5\"/>n et en pr<span class=\"_ _5\"/>ovenan<span class=\"_ _5\"/>ce d'<span class=\"_ _d\"/>aut<span class=\"_ _5\"/>res op<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>teurs p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux \u00e9t<span class=\"_ _5\"/>rang<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>. \u00c0 la date</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de cl\u00f4t<span class=\"_ _5\"/>ure du bil<span class=\"_ _5\"/>an, la me<span class=\"_ _5\"/>illeure e<span class=\"_ _5\"/>st<span class=\"_ _5\"/>imatio<span class=\"_ _5\"/>n de la pos<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>n susp<span class=\"_ _5\"/>ens es<span class=\"_ _5\"/>t ref<span class=\"_ _5\"/>l\u00e9t\u00e9<span class=\"_ _5\"/>e dans le bi<span class=\"_ _5\"/>lan cons<span class=\"_ _5\"/>olid\u00e9, m<span class=\"_ _5\"/>ais comm<span class=\"_ _5\"/>e les r\u00e8g<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nts f<span class=\"_ _5\"/>inau<span class=\"_ _5\"/>x</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>s sur diff<span class=\"_ _5\"/>\u00e9rente<span class=\"_ _5\"/>s hypo<span class=\"_ _5\"/>th\u00e8s<span class=\"_ _5\"/>es (dont \"pi<span class=\"_ _5\"/>\u00e8ce par k<span class=\"_ _5\"/>ilo\")<span class=\"_ _d\"/>, le<span class=\"_ _5\"/>s r\u00e8gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>naux pe<span class=\"_ _5\"/>uvent s'\u00e9c<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ter de l'\u00e9va<span class=\"_ _5\"/>luatio<span class=\"_ _5\"/>n initiale<span class=\"_ _5\"/>. Par aille<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>, une</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e des re<span class=\"_ _5\"/>venus e<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>tim<span class=\"_ _5\"/>\u00e9e en f<span class=\"_ _5\"/>in d'ann\u00e9<span class=\"_ _5\"/>e sur la bas<span class=\"_ _5\"/>e de dive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>s donn<span class=\"_ _5\"/>\u00e9es (obj<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tifs d<span class=\"_ _5\"/>e qualit\u00e9, v<span class=\"_ _5\"/>olume<span class=\"_ _5\"/>s<span class=\"_ _d\"/>) ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es dans l<span class=\"_ _5\"/>es cal<span class=\"_ _5\"/>culs et e<span class=\"_ _5\"/>st</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fa<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>\u00e9e apr<span class=\"_ _5\"/>\u00e8s la f<span class=\"_ _5\"/>in de l'ann\u00e9<span class=\"_ _5\"/>e. Les re<span class=\"_ _5\"/>venus li<span class=\"_ _5\"/>\u00e9s aux S<span class=\"_ _5\"/>IEG et \u00e0 la dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on de jour<span class=\"_ _5\"/>naux e<span class=\"_ _5\"/>t p\u00e9r<span class=\"_ _5\"/>iodiq<span class=\"_ _5\"/>ues so<span class=\"_ _5\"/>nt fi<span class=\"_ _5\"/>nalis\u00e9<span class=\"_ _5\"/>s apr\u00e8<span class=\"_ _5\"/>s la fi<span class=\"_ _5\"/>n de l'ann\u00e9e e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">font l'obj<span class=\"_ _5\"/>et d'autre<span class=\"_ _5\"/>s v\u00e9r<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns ex po<span class=\"_ _5\"/>st<span class=\"_ _5\"/>. La m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>ologie p<span class=\"_ _5\"/>r\u00e9voi<span class=\"_ _5\"/>t que la comp<span class=\"_ _5\"/>ens<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>oit \u00eatr<span class=\"_ _5\"/>e bas\u00e9<span class=\"_ _5\"/>e sur la diff<span class=\"_ _5\"/>\u00e9ren<span class=\"_ _5\"/>ce de co\u00fbt n<span class=\"_ _5\"/>et ent<span class=\"_ _5\"/>re le</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fai<span class=\"_ _5\"/>t de supp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ter ou n<span class=\"_ _5\"/>on la four<span class=\"_ _5\"/>nitur<span class=\"_ _5\"/>e de SIEG, ce q<span class=\"_ _5\"/>ui n\u00e9ce<span class=\"_ _5\"/>ssite d<span class=\"_ _5\"/>es es<span class=\"_ _5\"/>timat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e la par<span class=\"_ _5\"/>t du Mana<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t.</div>\n<div class=\"t m0 x5 hb y9 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts s<span class=\"_ _5\"/>ur le r\u00e9s<span class=\"_ _5\"/>ultat e<span class=\"_ _5\"/>t imp\u00f4t<span class=\"_ _5\"/>s dif<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t so<span class=\"_ _5\"/>umise \u00e0 l'im<span class=\"_ _5\"/>p\u00f4t sur le r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>at dans un ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ain nom<span class=\"_ _5\"/>bre de ju<span class=\"_ _5\"/>ridic<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns. Le<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s diff<span class=\"_ _5\"/>\u00e9r\u00e9s s<span class=\"_ _5\"/>ont ca<span class=\"_ _5\"/>lcul\u00e9s a<span class=\"_ _5\"/>u niveau d<span class=\"_ _5\"/>e chaque e<span class=\"_ _5\"/>nti<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">t\u00e9 f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>le. bpo<span class=\"_ _5\"/>st comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>ise le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs d'imp<span class=\"_ _5\"/>\u00f4t<span class=\"_ _5\"/>s diff\u00e9r<span class=\"_ _5\"/>\u00e9s dans la m<span class=\"_ _5\"/>esur<span class=\"_ _5\"/>e o\u00f9 il es<span class=\"_ _5\"/>t prob<span class=\"_ _5\"/>able qu'un b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ice impo<span class=\"_ _5\"/>sable s<span class=\"_ _5\"/>era d<span class=\"_ _5\"/>ispon<span class=\"_ _5\"/>ible, con<span class=\"_ _5\"/>tre</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">leq<span class=\"_ _5\"/>uel la diff<span class=\"_ _5\"/>\u00e9ren<span class=\"_ _5\"/>ce tempo<span class=\"_ _5\"/>raire d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tib<span class=\"_ _5\"/>le pour<span class=\"_ _5\"/>ra \u00eat<span class=\"_ _5\"/>re utili<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>. Afi<span class=\"_ _5\"/>n de d\u00e9te<span class=\"_ _5\"/>rmine<span class=\"_ _5\"/>r cela, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t utilis<span class=\"_ _5\"/>e les e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s du b\u00e9n<span class=\"_ _5\"/>\u00e9fi<span class=\"_ _5\"/>ce impos<span class=\"_ _5\"/>able</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par jur<span class=\"_ _5\"/>idic<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n dans les<span class=\"_ _5\"/>quell<span class=\"_ _5\"/>es bpo<span class=\"_ _5\"/>st e<span class=\"_ _5\"/>xerce se<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivi<span class=\"_ _5\"/>t\u00e9s et la p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>ode au cou<span class=\"_ _5\"/>rs de la<span class=\"_ _5\"/>quelle l<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tifs d<span class=\"_ _5\"/>'imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s s<span class=\"_ _5\"/>ont r\u00e9c<span class=\"_ _5\"/>up\u00e9r<span class=\"_ _5\"/>ables<span class=\"_ _5\"/>. Les</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">m\u00eam<span class=\"_ _5\"/>es pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>es s'appliq<span class=\"_ _5\"/>uent \u00e0 la co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs d'im<span class=\"_ _5\"/>p\u00f4t<span class=\"_ _5\"/>s diff\u00e9r<span class=\"_ _5\"/>\u00e9s po<span class=\"_ _5\"/>ur les pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>les rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>s inutil<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 hb y94 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Cal<span class=\"_ _5\"/>cul de la v<span class=\"_ _5\"/>aleur a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>elle de<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ents l<span class=\"_ _5\"/>ocati<span class=\"_ _5\"/>fs et d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>inati<span class=\"_ _5\"/>on de la du<span class=\"_ _5\"/>r\u00e9e des co<span class=\"_ _5\"/>ntrat<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n avec opt<span class=\"_ _5\"/>ions de</div>\n<div class=\"t m0 x5 hb y8c1 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">reconduction</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour c<span class=\"_ _5\"/>alcule<span class=\"_ _5\"/>r la valeu<span class=\"_ _5\"/>r act<span class=\"_ _5\"/>uelle de<span class=\"_ _5\"/>s paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s loc<span class=\"_ _5\"/>atif<span class=\"_ _5\"/>s, bp<span class=\"_ _5\"/>ost re<span class=\"_ _5\"/>cour<span class=\"_ _5\"/>t \u00e0 un ta<span class=\"_ _5\"/>ux d\u2019empr<span class=\"_ _5\"/>unt marg<span class=\"_ _5\"/>inal pou<span class=\"_ _5\"/>r les b\u00e2t<span class=\"_ _5\"/>iment<span class=\"_ _5\"/>s en fo<span class=\"_ _5\"/>nct<span class=\"_ _5\"/>ion de la</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dev<span class=\"_ _5\"/>ise, d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>envi<span class=\"_ _5\"/>ronne<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>conom<span class=\"_ _5\"/>ique et d<span class=\"_ _5\"/>e la dur\u00e9e<span class=\"_ _5\"/>. Pour les l<span class=\"_ _5\"/>easing<span class=\"_ _5\"/>s li\u00e9s \u00e0 la f<span class=\"_ _5\"/>lot<span class=\"_ _5\"/>te auto<span class=\"_ _5\"/>mobile e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es, le t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n est l<span class=\"_ _5\"/>e taux</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">impl<span class=\"_ _5\"/>icite du con<span class=\"_ _5\"/>trat d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion, s'il e<span class=\"_ _5\"/>st dis<span class=\"_ _5\"/>ponib<span class=\"_ _5\"/>le, san<span class=\"_ _5\"/>s quoi on a<span class=\"_ _5\"/>ppliqu<span class=\"_ _5\"/>e la m\u00eam<span class=\"_ _5\"/>e m\u00e9th<span class=\"_ _5\"/>ode qu<span class=\"_ _5\"/>e pour le<span class=\"_ _5\"/>s b\u00e2tim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>ne la dur\u00e9<span class=\"_ _5\"/>e du cont<span class=\"_ _5\"/>rat de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on en ta<span class=\"_ _5\"/>nt que dur\u00e9<span class=\"_ _5\"/>e non r\u00e9<span class=\"_ _5\"/>siliab<span class=\"_ _5\"/>le du contr<span class=\"_ _5\"/>at de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n, ains<span class=\"_ _5\"/>i que toute p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>ode cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>te par</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une op<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e prolon<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>n du contr<span class=\"_ _5\"/>at de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n s'il est r<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>onnable<span class=\"_ _5\"/>ment ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tain qu'elle s<span class=\"_ _5\"/>era e<span class=\"_ _5\"/>xerc\u00e9<span class=\"_ _5\"/>e, ou toute p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>ode cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>te par un<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">opt<span class=\"_ _5\"/>ion de r\u00e9<span class=\"_ _5\"/>siliat<span class=\"_ _5\"/>ion, s'il e<span class=\"_ _5\"/>st ra<span class=\"_ _5\"/>isonn<span class=\"_ _5\"/>ablem<span class=\"_ _5\"/>ent cer<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>in qu'<span class=\"_ _d\"/>el<span class=\"_ _5\"/>le ser<span class=\"_ _5\"/>a exerc<span class=\"_ _5\"/>\u00e9e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 477px; height: 605px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h10 y8c2 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">5 <span class=\"_ _48\"> </span><span class=\"ff8 ws36\" style=\"word-spacing: -9px;\">L<span class=\"_ _1\"/>'outil Towers Wat<span class=\"_ _5\"/>son R<span class=\"_ _5\"/>A<span class=\"_ _d\"/>TE li<span class=\"_ _5\"/>nk est un o<span class=\"_ _5\"/>util con\u00e7u p<span class=\"_ _5\"/>our aider l<span class=\"_ _5\"/>es entre<span class=\"_ _5\"/>prise<span class=\"_ _5\"/>s \u00e0 s\u00e9lec<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>ner des tau<span class=\"_ _5\"/>x d'actu<span class=\"_ _5\"/>alisati<span class=\"_ _5\"/>on qui refl<span class=\"_ _5\"/>\u00e8tent fid\u00e8l<span class=\"_ _5\"/>ement le<span class=\"_ _5\"/>s </span></div>\n<div class=\"t m0 x13 h9 y8c3 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">carac<span class=\"_ _5\"/>t\u00e9ris<span class=\"_ _5\"/>tiques d<span class=\"_ _5\"/>e leurs r\u00e9<span class=\"_ _5\"/>gimes d<span class=\"_ _5\"/>e retraite<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 45px; height: 35px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag412": {
   "value": "\n<div><br/></div>\n<div><br/></div>\n<div class=\"t m0 x5 h1a y56 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.4 <span class=\"_ _de\"> </span>R\u00e9sum\u00e9 d<span class=\"_ _d\"/>es princip<span class=\"_ _d\"/>ales r\u00e8<span class=\"_ _d\"/>gles d\u2019<span class=\"_ _3b\"/>\u00e9valu<span class=\"_ _d\"/>atio<span class=\"_ _d\"/>n et estimati<span class=\"_ _d\"/>ons</div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y58 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Consolidation</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 m\u00e8re e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>en<span class=\"_ _5\"/>semb<span class=\"_ _5\"/>le des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s qu\u2019<span class=\"_ _d\"/>elle co<span class=\"_ _5\"/>ntr\u00f4l<span class=\"_ _5\"/>e sont in<span class=\"_ _5\"/>clus dans l<span class=\"_ _5\"/>a conso<span class=\"_ _5\"/>lidatio<span class=\"_ _5\"/>n. Auc<span class=\"_ _5\"/>une exce<span class=\"_ _5\"/>ptio<span class=\"_ _5\"/>n n\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st aut<span class=\"_ _5\"/>oris<span class=\"_ _5\"/>\u00e9e.</div>\n\n<div class=\"t m0 x5 hb y20d ff5 fs6 fc3 sc0 lsa wsb\" style=\"z-index: 15;\">Filiales</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs, d<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s et eng<span class=\"_ _5\"/>ageme<span class=\"_ _5\"/>nts<span class=\"_ _5\"/>, reve<span class=\"_ _5\"/>nus et d\u00e9<span class=\"_ _5\"/>pen<span class=\"_ _5\"/>ses de l<span class=\"_ _5\"/>a soci<span class=\"_ _5\"/>\u00e9t\u00e9 m\u00e8r<span class=\"_ _5\"/>e et des f<span class=\"_ _5\"/>ilia<span class=\"_ _5\"/>les ent<span class=\"_ _5\"/>i\u00e8rem<span class=\"_ _5\"/>ent cont<span class=\"_ _5\"/>r\u00f4l\u00e9<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>nt conso<span class=\"_ _5\"/>lid\u00e9s</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>ur int\u00e9g<span class=\"_ _5\"/>ralit\u00e9<span class=\"_ _5\"/>. Un inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>seur co<span class=\"_ _5\"/>ntr\u00f4l<span class=\"_ _5\"/>e une ent<span class=\"_ _5\"/>it\u00e9 d\u00e9te<span class=\"_ _5\"/>nue lor<span class=\"_ _5\"/>sque l'in<span class=\"_ _5\"/>vest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>, ou a droit<span class=\"_ _5\"/>, \u00e0 des r<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>coulant de s<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cipatio<span class=\"_ _5\"/>n dans l'enti<span class=\"_ _5\"/>t\u00e9 d\u00e9ten<span class=\"_ _5\"/>ue et qu'il a la c<span class=\"_ _5\"/>apaci<span class=\"_ _5\"/>t\u00e9 d'inf<span class=\"_ _5\"/>luer sur ce<span class=\"_ _5\"/>s rend<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts pa<span class=\"_ _5\"/>r son po<span class=\"_ _5\"/>uvoir s<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>it\u00e9 d\u00e9t<span class=\"_ _5\"/>enue.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce cont<span class=\"_ _5\"/>r\u00f4le e<span class=\"_ _5\"/>st sup<span class=\"_ _5\"/>pos\u00e9 e<span class=\"_ _5\"/>xis<span class=\"_ _5\"/>ter lor<span class=\"_ _5\"/>sque b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t d\u00e9ti<span class=\"_ _5\"/>ent au mo<span class=\"_ _5\"/>ins 50 %<span class=\"_ _5\"/>, plus un<span class=\"_ _5\"/>e voix de<span class=\"_ _5\"/>s droit<span class=\"_ _5\"/>s de vote d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>it\u00e9 ; ces hy<span class=\"_ _5\"/>poth\u00e8<span class=\"_ _5\"/>se<span class=\"_ _5\"/>s peuve<span class=\"_ _5\"/>nt \u00eatr<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9f<span class=\"_ _5\"/>ut\u00e9e<span class=\"_ _5\"/>s si la sit<span class=\"_ _5\"/>uation co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ire es<span class=\"_ _5\"/>t claire<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>tabli<span class=\"_ _5\"/>e. Lor<span class=\"_ _5\"/>sque b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t ne d\u00e9t<span class=\"_ _5\"/>ient pas l<span class=\"_ _5\"/>a major<span class=\"_ _5\"/>it\u00e9 des d<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s de vote ou d<span class=\"_ _5\"/>es droi<span class=\"_ _5\"/>ts sim<span class=\"_ _5\"/>ilaire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'une en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise d<span class=\"_ _5\"/>\u00e9tenu<span class=\"_ _5\"/>e, elle ti<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>te de tous le<span class=\"_ _5\"/>s fait<span class=\"_ _5\"/>s et c<span class=\"_ _5\"/>ircons<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>ces per<span class=\"_ _5\"/>t<span class=\"_ _5\"/>inent<span class=\"_ _5\"/>s po<span class=\"_ _5\"/>ur \u00e9valu<span class=\"_ _5\"/>er si bp<span class=\"_ _5\"/>ost a le co<span class=\"_ _5\"/>ntr\u00f4le d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>en<span class=\"_ _5\"/>trepr<span class=\"_ _5\"/>ise</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9te<span class=\"_ _5\"/>nue conf<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>\u00e9ment \u00e0 l'ar<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cle 1:14 BCC<span class=\"_ _5\"/>A. L<span class=\"_ _1\"/>\u2019exis<span class=\"_ _5\"/>tence e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>eff<span class=\"_ _5\"/>et de dro<span class=\"_ _5\"/>its d<span class=\"_ _5\"/>e vote pote<span class=\"_ _5\"/>ntiel<span class=\"_ _5\"/>s exe<span class=\"_ _5\"/>r\u00e7abl<span class=\"_ _5\"/>es ou conve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tis so<span class=\"_ _5\"/>nt nota<span class=\"_ _5\"/>mment p<span class=\"_ _5\"/>ris en</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>te pour d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>iner si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t contr\u00f4<span class=\"_ _5\"/>le une ent<span class=\"_ _5\"/>it\u00e9.</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une f<span class=\"_ _5\"/>iliale e<span class=\"_ _5\"/>st con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9e \u00e0 par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ir de la date de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion, c<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire \u00e0 la dat<span class=\"_ _5\"/>e \u00e0 laque<span class=\"_ _5\"/>lle le contr<span class=\"_ _5\"/>\u00f4le des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs ne<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t des op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la so<span class=\"_ _5\"/>ci\u00e9t\u00e9 a<span class=\"_ _5\"/>cquis<span class=\"_ _5\"/>e est e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>ment t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>f\u00e9r\u00e9 \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cqu\u00e9r<span class=\"_ _5\"/>eur. A par<span class=\"_ _5\"/>tir de la da<span class=\"_ _5\"/>te d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, la s<span class=\"_ _5\"/>oci\u00e9t<span class=\"_ _5\"/>\u00e9 m\u00e8re (l\u2019acqu<span class=\"_ _5\"/>\u00e9reur<span class=\"_ _5\"/>) int\u00e8gre l<span class=\"_ _5\"/>a per<span class=\"_ _5\"/>for-</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mance f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ci\u00e8r<span class=\"_ _5\"/>e de la fi<span class=\"_ _5\"/>liale dans s<span class=\"_ _5\"/>on comp<span class=\"_ _5\"/>te de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s cons<span class=\"_ _5\"/>olid\u00e9 e<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>\u00e0 le<span class=\"_ _5\"/>ur juste v<span class=\"_ _5\"/>aleur) da<span class=\"_ _5\"/>ns son b<span class=\"_ _5\"/>ilan cons<span class=\"_ _5\"/>olid\u00e9 l<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 117px; height: 230px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 117px; height: 290px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 117px; height: 320px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s acqui<span class=\"_ _5\"/>s, en ce com<span class=\"_ _5\"/>pris to<span class=\"_ _5\"/>ut goo<span class=\"_ _5\"/>dwill r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>nt de l\u2019acquisi<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. Les f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s cess<span class=\"_ _5\"/>ent d\u2019\u00eat<span class=\"_ _5\"/>re cons<span class=\"_ _5\"/>olid\u00e9<span class=\"_ _5\"/>es \u00e0 par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r de la date \u00e0 la<span class=\"_ _5\"/>quelle le</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>r\u00f4le pre<span class=\"_ _5\"/>nd f<span class=\"_ _5\"/>in. Les s<span class=\"_ _5\"/>olde<span class=\"_ _5\"/>s et tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions int<span class=\"_ _5\"/>ragr<span class=\"_ _5\"/>oupe<span class=\"_ _5\"/>s ainsi qu<span class=\"_ _5\"/>e les gain<span class=\"_ _5\"/>s et pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es non r<span class=\"_ _5\"/>\u00e9alis\u00e9<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s entre l<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>ci\u00e9t\u00e9<span class=\"_ _5\"/>s du</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">group<span class=\"_ _5\"/>e sont int\u00e9grale<span class=\"_ _5\"/>ment \u00e9limin\u00e9<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>rs con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s son<span class=\"_ _5\"/>t \u00e9tab<span class=\"_ _5\"/>lis sur ba<span class=\"_ _5\"/>se de r\u00e8<span class=\"_ _5\"/>gles d\u2019\u00e9va<span class=\"_ _5\"/>luation u<span class=\"_ _5\"/>nifor<span class=\"_ _5\"/>mes p<span class=\"_ _5\"/>our les t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>act<span class=\"_ _5\"/>ions a<span class=\"_ _5\"/>nalogu<span class=\"_ _5\"/>es et au<span class=\"_ _5\"/>tres \u00e9<span class=\"_ _5\"/>v\u00e9nem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">sur<span class=\"_ _5\"/>venant<span class=\"_ _d\"/> dans des circonstances similaires.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 987px; height: 95px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y87 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>ci\u00e9t\u00e9s as<span class=\"_ _5\"/>soci\u00e9<span class=\"_ _5\"/>es et co \u2013 <span class=\"_ _d\"/>en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rises</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e es<span class=\"_ _5\"/>t une ent<span class=\"_ _5\"/>it\u00e9 dans la<span class=\"_ _5\"/>quelle b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t exerce u<span class=\"_ _5\"/>ne inf<span class=\"_ _5\"/>luence n<span class=\"_ _5\"/>otab<span class=\"_ _5\"/>le. Par inf<span class=\"_ _5\"/>lue<span class=\"_ _5\"/>nce nota<span class=\"_ _5\"/>ble, on e<span class=\"_ _5\"/>ntend le p<span class=\"_ _5\"/>ouvo<span class=\"_ _5\"/>ir de par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cip<span class=\"_ _5\"/>er \u00e0 des d<span class=\"_ _5\"/>\u00e9cisi<span class=\"_ _5\"/>ons rel<span class=\"_ _5\"/>evant d<span class=\"_ _5\"/>es pol<span class=\"_ _5\"/>itiqu<span class=\"_ _5\"/>es fi<span class=\"_ _5\"/>nanci\u00e8<span class=\"_ _5\"/>res ou o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle<span class=\"_ _5\"/>s de la so<span class=\"_ _5\"/>ci\u00e9t\u00e9 a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>, et non ce<span class=\"_ _5\"/>lui de cont<span class=\"_ _5\"/>r\u00f4ler s<span class=\"_ _5\"/>es no<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s. On</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cons<span class=\"_ _5\"/>id\u00e8re qu<span class=\"_ _5\"/>\u2019il y a infl<span class=\"_ _5\"/>uence n<span class=\"_ _5\"/>otabl<span class=\"_ _5\"/>e lors<span class=\"_ _5\"/>que bp<span class=\"_ _5\"/>ost po<span class=\"_ _5\"/>ss\u00e8<span class=\"_ _5\"/>de au mo<span class=\"_ _5\"/>ins 20 % du dr<span class=\"_ _5\"/>oit de vote de l<span class=\"_ _5\"/>a soci<span class=\"_ _5\"/>\u00e9t\u00e9. En de<span class=\"_ _5\"/>\u00e7\u00e0 de<span class=\"_ _5\"/>s 20 %, ce<span class=\"_ _5\"/>tte inf<span class=\"_ _5\"/>lue<span class=\"_ _5\"/>nce</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">not<span class=\"_ _5\"/>able es<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>id\u00e9r\u00e9<span class=\"_ _5\"/>e comme n<span class=\"_ _5\"/>ulle. Ce<span class=\"_ _5\"/>s pr\u00e9s<span class=\"_ _5\"/>ompti<span class=\"_ _5\"/>ons pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre r\u00e9<span class=\"_ _5\"/>fut\u00e9<span class=\"_ _5\"/>es si la pr<span class=\"_ _5\"/>euve du co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ire pe<span class=\"_ _5\"/>ut \u00eatre c<span class=\"_ _5\"/>lairem<span class=\"_ _5\"/>ent app<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une co<span class=\"_ _5\"/>-<span class=\"_ _5\"/>entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>se es<span class=\"_ _5\"/>t un t<span class=\"_ _5\"/>ype de pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat dans le<span class=\"_ _5\"/>quel le<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s qui cont<span class=\"_ _5\"/>r\u00f4lent co<span class=\"_ _5\"/>njointe<span class=\"_ _5\"/>ment le pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat ont de<span class=\"_ _5\"/>s droit<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">net<span class=\"_ _5\"/>s de l\u2019enti<span class=\"_ _5\"/>t\u00e9 l\u00e9gal<span class=\"_ _5\"/>e. Le cont<span class=\"_ _5\"/>r\u00f4le conj<span class=\"_ _5\"/>oint impli<span class=\"_ _5\"/>que le par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>age cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuell<span class=\"_ _5\"/>ement co<span class=\"_ _5\"/>nvenu du co<span class=\"_ _5\"/>ntr\u00f4le<span class=\"_ _5\"/>, qui n\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>iste qu<span class=\"_ _5\"/>e lors<span class=\"_ _5\"/>que le<span class=\"_ _5\"/>s d\u00e9ci<span class=\"_ _5\"/>sions</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rel<span class=\"_ _5\"/>ative<span class=\"_ _5\"/>s aux ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tine<span class=\"_ _5\"/>ntes re<span class=\"_ _5\"/>qui\u00e8r<span class=\"_ _5\"/>ent un cons<span class=\"_ _5\"/>ensu<span class=\"_ _5\"/>s unanim<span class=\"_ _5\"/>e des par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ies par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ageant le co<span class=\"_ _5\"/>ntr\u00f4le<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s norm<span class=\"_ _5\"/>es comp<span class=\"_ _5\"/>table<span class=\"_ _5\"/>s ad\u00e9<span class=\"_ _5\"/>quates s<span class=\"_ _5\"/>ont app<span class=\"_ _5\"/>liqu\u00e9<span class=\"_ _5\"/>es \u00e0 tr<span class=\"_ _5\"/>avers l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>nti\u00e8<span class=\"_ _5\"/>ret\u00e9 du gr<span class=\"_ _5\"/>oupe, e<span class=\"_ _5\"/>n ce compr<span class=\"_ _5\"/>is les s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9s as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9es e<span class=\"_ _5\"/>t co \u2013 entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>utes le<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>\u00e9t\u00e9s a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>s et co \u2013 ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9e<span class=\"_ _5\"/>s selon l<span class=\"_ _5\"/>a m\u00e9th<span class=\"_ _5\"/>ode de m<span class=\"_ _5\"/>ise en \u00e9<span class=\"_ _5\"/>quiva<span class=\"_ _5\"/>lence: le<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ipatio<span class=\"_ _5\"/>ns son<span class=\"_ _5\"/>t int\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gr\u00e9<span class=\"_ _5\"/>es s\u00e9<span class=\"_ _5\"/>par\u00e9m<span class=\"_ _5\"/>ent dan<span class=\"_ _5\"/>s le bilan con<span class=\"_ _5\"/>soli<span class=\"_ _5\"/>d\u00e9 (sous la r<span class=\"_ _5\"/>ubr<span class=\"_ _5\"/>ique \u201cPa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>icipat<span class=\"_ _5\"/>ions da<span class=\"_ _5\"/>ns des e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soci<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>t co \u2013 entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es\u201d<span class=\"_ _5\"/>) \u00e0 la date</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la cl<span class=\"_ _5\"/>\u00f4ture, p<span class=\"_ _5\"/>our un mon<span class=\"_ _5\"/>tant cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>pond<span class=\"_ _5\"/>ant \u00e0 la pro<span class=\"_ _5\"/>por<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des c<span class=\"_ _5\"/>apit<span class=\"_ _5\"/>aux pro<span class=\"_ _5\"/>pres d<span class=\"_ _5\"/>e la soc<span class=\"_ _5\"/>i\u00e9t\u00e9 as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9e ou co \u2013 e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>conf<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>\u00e9-</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t aux no<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s IFRS), r\u00e9su<span class=\"_ _5\"/>ltat de ce<span class=\"_ _5\"/>tte p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>de comp<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>. Les di<span class=\"_ _5\"/>viden<span class=\"_ _5\"/>des re<span class=\"_ _5\"/>\u00e7us d\u2019une e<span class=\"_ _5\"/>ntit\u00e9 a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e r<span class=\"_ _5\"/>\u00e9duis<span class=\"_ _5\"/>ent la va<span class=\"_ _5\"/>leur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">l\u2019in<span class=\"_ _d\"/>vestissement<span class=\"_ _5\"/>.<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t du r\u00e9su<span class=\"_ _5\"/>ltat de<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>\u00e9t\u00e9s a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>s et co \u2013 ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>ables \u00e0 b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est in<span class=\"_ _5\"/>t\u00e9gr\u00e9<span class=\"_ _5\"/>e s\u00e9pa<span class=\"_ _5\"/>r\u00e9me<span class=\"_ _5\"/>nt dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s con<span class=\"_ _5\"/>so<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lid\u00e9 s<span class=\"_ _5\"/>ous la r<span class=\"_ _5\"/>ubri<span class=\"_ _5\"/>que \u201cQuo<span class=\"_ _5\"/>te \u2013 par<span class=\"_ _5\"/>t dans le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at des e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soci<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>t co \u2013 entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses\u201d (mis<span class=\"_ _5\"/>e en \u00e9qu<span class=\"_ _5\"/>ivale<span class=\"_ _5\"/>nce).</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes n<span class=\"_ _5\"/>on r\u00e9ali<span class=\"_ _5\"/>s\u00e9s r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ant des t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s entre un i<span class=\"_ _5\"/>nvest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur (ou se<span class=\"_ _5\"/>s fil<span class=\"_ _5\"/>iales con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9es) et s<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>ci\u00e9t\u00e9<span class=\"_ _5\"/>s ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>es ou co \u2013</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont \u00e9l<span class=\"_ _5\"/>imin\u00e9<span class=\"_ _5\"/>s \u00e0 hauteur d<span class=\"_ _5\"/>e la par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ipatio<span class=\"_ _5\"/>n de l\u2019inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ur dans la s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 597px; height: 365px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y10 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Regr<span class=\"_ _5\"/>oupem<span class=\"_ _5\"/>ent d\u2019entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es, good<span class=\"_ _5\"/>will et \u00e9car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>acqu<span class=\"_ _5\"/>isit<span class=\"_ _5\"/>ion n\u00e9gat<span class=\"_ _5\"/>ifs</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>egro<span class=\"_ _5\"/>upeme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s en utili<span class=\"_ _5\"/>sant la m<span class=\"_ _5\"/>\u00e9th<span class=\"_ _5\"/>ode d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n. Le co\u00fbt d<span class=\"_ _5\"/>\u2019une acquis<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>st \u00e9<span class=\"_ _5\"/>valu\u00e9 com<span class=\"_ _5\"/>me l\u2019en-</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>mble de la co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e, qui es<span class=\"_ _5\"/>t mes<span class=\"_ _5\"/>ur\u00e9e \u00e0 la v<span class=\"_ _5\"/>aleur r\u00e9<span class=\"_ _5\"/>elle \u00e0 dat<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, et le m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nt d\u2019int\u00e9r<span class=\"_ _5\"/>\u00eat mino<span class=\"_ _5\"/>rit<span class=\"_ _5\"/>aire de l\u2019enti<span class=\"_ _5\"/>t\u00e9 ac-</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">quis<span class=\"_ _5\"/>e, si app<span class=\"_ _5\"/>licab<span class=\"_ _5\"/>le. A la date d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion, l<span class=\"_ _5\"/>a diff\u00e9r<span class=\"_ _5\"/>ence con<span class=\"_ _5\"/>stat<span class=\"_ _5\"/>\u00e9e ent<span class=\"_ _5\"/>re la vale<span class=\"_ _5\"/>ur d\u2019acquisi<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>ticip<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r des ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s ident<span class=\"_ _5\"/>ifiab<span class=\"_ _5\"/>les et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs late<span class=\"_ _5\"/>nts a<span class=\"_ _5\"/>cquis es<span class=\"_ _5\"/>t comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e \u00e0 l\u2019ac<span class=\"_ _5\"/>tif en t<span class=\"_ _5\"/>ant que go<span class=\"_ _5\"/>odw<span class=\"_ _5\"/>ill (si la diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>st po<span class=\"_ _5\"/>siti<span class=\"_ _5\"/>ve)<span class=\"_ _d\"/>, ou dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tement e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prof<span class=\"_ _5\"/>it dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s (si la diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>st n\u00e9<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>ve)<span class=\"_ _d\"/>. L<span class=\"_ _5\"/>a p\u00e9r<span class=\"_ _5\"/>iode de r<span class=\"_ _5\"/>\u00e9\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n pour la d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>minati<span class=\"_ _5\"/>on du goo<span class=\"_ _5\"/>dwill ne p<span class=\"_ _5\"/>eut e<span class=\"_ _5\"/>xc\u00e9de<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un an \u00e0 pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ir de la date d'acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on.</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e pour<span class=\"_ _5\"/>rait<span class=\"_ _5\"/>, dans cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>aine<span class=\"_ _5\"/>s situat<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>, inclure un<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>epar<span class=\"_ _5\"/>tie co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lle, laqu<span class=\"_ _5\"/>elle es<span class=\"_ _5\"/>t me<span class=\"_ _5\"/>sur\u00e9e \u00e0 l<span class=\"_ _5\"/>a juste v<span class=\"_ _5\"/>aleur</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">au mo<span class=\"_ _5\"/>ment du r<span class=\"_ _5\"/>egrou<span class=\"_ _5\"/>peme<span class=\"_ _5\"/>nt d\u2019entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es et in<span class=\"_ _5\"/>cluse da<span class=\"_ _5\"/>ns la cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie tra<span class=\"_ _5\"/>nsf\u00e9<span class=\"_ _5\"/>r\u00e9e (c\u2019est \u2013 \u00e0 \u2013 di<span class=\"_ _5\"/>re recon<span class=\"_ _5\"/>nue dans l<span class=\"_ _5\"/>e calcul d<span class=\"_ _5\"/>u good<span class=\"_ _5\"/>will ou</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bad<span class=\"_ _5\"/>will). Si le mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e la contre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>le change \u00e0 la s<span class=\"_ _5\"/>uite d\u2019un \u00e9v\u00e9<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt sur<span class=\"_ _5\"/>ven<span class=\"_ _5\"/>ant apr\u00e8<span class=\"_ _5\"/>s l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion (tel que l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bjec<span class=\"_ _5\"/>tif d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s), le changem<span class=\"_ _5\"/>ent de la j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur e<span class=\"_ _5\"/>st re<span class=\"_ _5\"/>connu comm<span class=\"_ _5\"/>e prof<span class=\"_ _5\"/>it ou p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te. Dans ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>taine<span class=\"_ _5\"/>s acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>ns, bp<span class=\"_ _5\"/>ost n'obti<span class=\"_ _5\"/>ent pas l<span class=\"_ _5\"/>e contr\u00f4<span class=\"_ _5\"/>le de</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">100 % d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s de l'entit\u00e9 a<span class=\"_ _5\"/>cquise m<span class=\"_ _5\"/>ais conc<span class=\"_ _5\"/>lut un accor<span class=\"_ _5\"/>d suppl\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>aire (pa<span class=\"_ _5\"/>r exemp<span class=\"_ _5\"/>le opti<span class=\"_ _5\"/>on d'achat<span class=\"_ _5\"/>/vente) da<span class=\"_ _5\"/>ns le but d'acq<span class=\"_ _5\"/>u\u00e9rir l<span class=\"_ _5\"/>es ac-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns res<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>es ult\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>. Sau<span class=\"_ _5\"/>f si la subs<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>ce \u00e9cono<span class=\"_ _5\"/>mique d<span class=\"_ _5\"/>e ces accor<span class=\"_ _5\"/>ds es<span class=\"_ _5\"/>t claire<span class=\"_ _5\"/>ment un co<span class=\"_ _5\"/>ntrat \u00e0 t<span class=\"_ _5\"/>erme \u00e0 p<span class=\"_ _5\"/>rix f<span class=\"_ _5\"/>ixe (auqu<span class=\"_ _5\"/>el cas b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cons<span class=\"_ _5\"/>id\u00e8re qu'elle a a<span class=\"_ _5\"/>cquis un in<span class=\"_ _5\"/>t\u00e9r\u00eat \u00e9<span class=\"_ _5\"/>conom<span class=\"_ _5\"/>ique ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>l dans les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>\u00e9es), bpos<span class=\"_ _5\"/>t (i) cont<span class=\"_ _5\"/>inue \u00e0 comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>iser la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ticip<span class=\"_ _5\"/>ation n<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">don<span class=\"_ _5\"/>nant pas le co<span class=\"_ _5\"/>ntr\u00f4l<span class=\"_ _5\"/>e (initiale<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>e \u00e0 la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r ou \u00e0 la quote \u2013 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t de l'act<span class=\"_ _5\"/>if net de l'ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise a<span class=\"_ _5\"/>cquise) e<span class=\"_ _5\"/>t (ii) compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e un</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pas<span class=\"_ _5\"/>sif f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er \u00e9va<span class=\"_ _5\"/>lu\u00e9 \u00e0 la val<span class=\"_ _5\"/>eur ac<span class=\"_ _5\"/>tuell<span class=\"_ _5\"/>e du mont<span class=\"_ _5\"/>ant \u00e0 paye<span class=\"_ _5\"/>r lors de l'ex<span class=\"_ _5\"/>ercice d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>opt<span class=\"_ _5\"/>ion. T<span class=\"_ _d\"/>ou<span class=\"_ _5\"/>te vari<span class=\"_ _5\"/>ation ult<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>ure du pas<span class=\"_ _5\"/>sif f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e e<span class=\"_ _5\"/>n r\u00e9sul<span class=\"_ _5\"/>tat en t<span class=\"_ _5\"/>ant que pr<span class=\"_ _5\"/>oduit f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier ou co<span class=\"_ _5\"/>\u00fbt fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>r<span class=\"_ _d\"/>. Lor<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>ans une ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion, la co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e compre<span class=\"_ _5\"/>nd</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une con<span class=\"_ _5\"/>trepa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie cond<span class=\"_ _5\"/>ition<span class=\"_ _5\"/>nelle (pa<span class=\"_ _5\"/>r exem<span class=\"_ _5\"/>ple, un ear<span class=\"_ _5\"/>n \u2013 out), ces m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>ont \u00e9va<span class=\"_ _5\"/>lu\u00e9s \u00e0 le<span class=\"_ _5\"/>ur jus<span class=\"_ _5\"/>te valeur \u00e0 l<span class=\"_ _5\"/>a date d'acquis<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>t ult\u00e9r<span class=\"_ _5\"/>ieu-</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rem<span class=\"_ _5\"/>ent \u00e0 cha<span class=\"_ _5\"/>que date de c<span class=\"_ _5\"/>l\u00f4ture. L<span class=\"_ _5\"/>es var<span class=\"_ _5\"/>iatio<span class=\"_ _5\"/>ns de la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur son<span class=\"_ _5\"/>t compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9es da<span class=\"_ _5\"/>ns le r\u00e9s<span class=\"_ _5\"/>ultat d'ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ap<span class=\"_ _5\"/>r\u00e8s comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ion init<span class=\"_ _5\"/>iale, le go<span class=\"_ _5\"/>odwill n\u2019es<span class=\"_ _5\"/>t pas amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i, mais s<span class=\"_ _5\"/>oumis an<span class=\"_ _5\"/>nuelle<span class=\"_ _5\"/>ment \u00e0 un te<span class=\"_ _5\"/>st d<span class=\"_ _5\"/>e r\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>. Le go<span class=\"_ _5\"/>odwill a<span class=\"_ _5\"/>cquis</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s regr<span class=\"_ _5\"/>oupe<span class=\"_ _5\"/>ment d\u2019entr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises e<span class=\"_ _5\"/>st<span class=\"_ _5\"/>, d\u00e8s la da<span class=\"_ _5\"/>te d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, allo<span class=\"_ _5\"/>u\u00e9 \u00e0 chaq<span class=\"_ _5\"/>ue unit\u00e9 g\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>trice d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie (\"UG<span class=\"_ _5\"/>T\") de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t qui pour-</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>t b\u00e9n\u00e9<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ier de ce r<span class=\"_ _5\"/>egroup<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt, pe<span class=\"_ _5\"/>u impo<span class=\"_ _5\"/>rte q<span class=\"_ _5\"/>ue d\u2019autre<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs e<span class=\"_ _5\"/>t pas<span class=\"_ _5\"/>sifs de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ntit\u00e9 a<span class=\"_ _5\"/>cquise s<span class=\"_ _5\"/>oient a<span class=\"_ _5\"/>ssig<span class=\"_ _5\"/>n\u00e9s da<span class=\"_ _5\"/>ns cet<span class=\"_ _5\"/>te unit\u00e9.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 192px; height: 380px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 192px; height: 890px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb yed ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Immobilisations inc<span class=\"_ _d\"/>orporelles</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ions in<span class=\"_ _5\"/>corp<span class=\"_ _5\"/>orelle<span class=\"_ _5\"/>s acquis<span class=\"_ _5\"/>es s<span class=\"_ _5\"/>\u00e9par\u00e9<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>ont reco<span class=\"_ _5\"/>nnue<span class=\"_ _5\"/>s au bilan co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9 lor<span class=\"_ _5\"/>sque le<span class=\"_ _5\"/>s condit<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>uivante<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t rempli<span class=\"_ _5\"/>es:</div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws37\" style=\"z-index: 15;\">(i) <span class=\"_ _48\"> </span> <span class=\"_ _3c\"/>l\u2019ac<span class=\"_ _5\"/>tif es<span class=\"_ _5\"/>t ide<span class=\"_ _5\"/>ntif<span class=\"_ _5\"/>iable, c<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st \u2013 \u00e0 \u2013 dir<span class=\"_ _5\"/>e soit s<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>able (s\u2019il p<span class=\"_ _5\"/>eut \u00eat<span class=\"_ _5\"/>re vend<span class=\"_ _5\"/>u, tra<span class=\"_ _5\"/>nsf\u00e9<span class=\"_ _5\"/>r\u00e9, lou<span class=\"_ _5\"/>\u00e9)<span class=\"_ _d\"/>, so<span class=\"_ _5\"/>it il r\u00e9s<span class=\"_ _5\"/>ulte de droi<span class=\"_ _5\"/>ts co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>els ou l<span class=\"_ _5\"/>\u00e9gau<span class=\"_ _5\"/>x ;</div>\n<div class=\"t m0 x2a h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(ii) <span class=\"_ _dc\"> </span>il es<span class=\"_ _5\"/>t pro<span class=\"_ _5\"/>bable qu<span class=\"_ _5\"/>e des ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s \u00e9cono<span class=\"_ _5\"/>mique<span class=\"_ _5\"/>s futur<span class=\"_ _5\"/>s at<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uable<span class=\"_ _5\"/>s \u00e0 l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif s<span class=\"_ _5\"/>eront g\u00e9<span class=\"_ _5\"/>n\u00e9r\u00e9<span class=\"_ _5\"/>s pour b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t ;</div>\n<div class=\"t m0 x2a h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(iii) <span class=\"_\"> </span>b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t peut co<span class=\"_ _5\"/>ntr\u00f4le<span class=\"_ _5\"/>r l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif ; e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x2a h8 yb8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(iv) <span class=\"_ _4\"> </span>le co\u00fbt de l<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif pe<span class=\"_ _5\"/>ut \u00eatr<span class=\"_ _5\"/>e \u00e9valu<span class=\"_ _5\"/>\u00e9 de mani\u00e8<span class=\"_ _5\"/>re f<span class=\"_ _5\"/>iable.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 57px; height: 110px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 57px; height: 1025px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 la comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on init<span class=\"_ _5\"/>iale, les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>ons inco<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s sont \u00e9v<span class=\"_ _5\"/>alu\u00e9<span class=\"_ _5\"/>es \u00e0 leur co<span class=\"_ _5\"/>\u00fbt d\u2019acquisi<span class=\"_ _5\"/>tion (in<span class=\"_ _5\"/>cluant le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s dire<span class=\"_ _5\"/>ctem<span class=\"_ _5\"/>ent</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">at<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uable<span class=\"_ _5\"/>s \u00e0 la tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n, mais pa<span class=\"_ _5\"/>s les co\u00fb<span class=\"_ _5\"/>ts in<span class=\"_ _5\"/>direc<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s<span class=\"_ _d\"/>). Ult\u00e9<span class=\"_ _5\"/>rieur<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t, elle<span class=\"_ _5\"/>s sont \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>es au co<span class=\"_ _5\"/>\u00fbt sous d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">cumul\u00e9s<span class=\"_ _5\"/>, et des per<span class=\"_ _5\"/>tes de va<span class=\"_ _5\"/>leur \u00e9ventuelle<span class=\"_ _5\"/>s cumul\u00e9es<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions g\u00e9n<span class=\"_ _5\"/>\u00e9r\u00e9<span class=\"_ _5\"/>es en inte<span class=\"_ _5\"/>rne s<span class=\"_ _5\"/>ont ca<span class=\"_ _5\"/>pital<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s unique<span class=\"_ _5\"/>ment lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue le co\u00fbt a t<span class=\"_ _5\"/>rait \u00e0 un<span class=\"_ _5\"/>e phas<span class=\"_ _5\"/>e de d\u00e9ve<span class=\"_ _5\"/>loppe<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>. Les d<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>ses</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">li\u00e9<span class=\"_ _5\"/>es \u00e0 la pha<span class=\"_ _5\"/>se de re<span class=\"_ _5\"/>cher<span class=\"_ _5\"/>che so<span class=\"_ _5\"/>nt impu<span class=\"_ _5\"/>t\u00e9s dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>. Les d<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>ses li<span class=\"_ _5\"/>\u00e9es \u00e0 la p<span class=\"_ _5\"/>hase d<span class=\"_ _5\"/>e d\u00e9velo<span class=\"_ _5\"/>ppem<span class=\"_ _5\"/>ent so<span class=\"_ _5\"/>nt cap<span class=\"_ _5\"/>italis<span class=\"_ _5\"/>\u00e9e<span class=\"_ _5\"/>s. Au</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">sein de<span class=\"_ _d\"/> bpost, les immobil<span class=\"_ _d\"/>isations inc<span class=\"_ _d\"/>orporelles g\u00e9n\u00e9r<span class=\"_ _d\"/>\u00e9es en interne<span class=\"_ _d\"/> repr\u00e9sentent essentiell<span class=\"_ _d\"/>ement des proj<span class=\"_ _d\"/>et<span class=\"_ _5\"/>s<span class=\"_ _d\"/> informatiqu<span class=\"_ _d\"/>es.</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions inco<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s avec une d<span class=\"_ _5\"/>ur\u00e9e d\u2019ut<span class=\"_ _5\"/>ilit\u00e9 d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>e sont s<span class=\"_ _5\"/>yst\u00e9<span class=\"_ _5\"/>matiq<span class=\"_ _5\"/>ueme<span class=\"_ _5\"/>nt amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>es tout a<span class=\"_ _5\"/>u long de le<span class=\"_ _5\"/>ur vie \u00e9<span class=\"_ _5\"/>conomi<span class=\"_ _5\"/>que util<span class=\"_ _5\"/>e,</div>\n<div class=\"t m0 x5 h8 yae ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en ut<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>nt la m\u00e9t<span class=\"_ _5\"/>hode l<span class=\"_ _5\"/>in\u00e9aire<span class=\"_ _5\"/>. Les dur<span class=\"_ _5\"/>\u00e9es d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ut<span class=\"_ _5\"/>ilit\u00e9 app<span class=\"_ _5\"/>licab<span class=\"_ _5\"/>les so<span class=\"_ _5\"/>nt les su<span class=\"_ _5\"/>ivante<span class=\"_ _5\"/>s:</div>\n<div class=\"t m0 x7 hc y8c4 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">IMMOBILISATION<span class=\"_ _d\"/>S INCORPORELLES<span class=\"_ _1a0\"> </span><span class=\"ff7 fc0 ls41 ws4b\">DUR\u00c9E D\u2019UTILIT\u00c9</span></div>\n<div class=\"t m0 x7 hd y8c5 ff4 fs8 fc2 sc0 ls5a ws6e\" style=\"z-index: 15;\">Goo<span class=\"_ _5\"/>dwill</div>\n<div class=\"t m0 x164 hd y8c6 ff4 fs8 fc2 sc0 lsbb wsd8\" style=\"z-index: 15;\">Ind<span class=\"_ _5\"/>\u00e9fin<span class=\"_ _5\"/>i*</div>\n<div class=\"t m0 x7 hd y8c7 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Frais<span class=\"_ _d\"/> de d\u00e9vel<span class=\"_ _d\"/>oppement</div>\n<div class=\"t m0 x7 hd y8c8 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span>Frais de d\u00e9veloppe<span class=\"_ _5\"/>ment informatiques<span class=\"_ _1a1\"> </span><span class=\"ls0 ws0\">5 ans</span></div>\n<div class=\"t m0 x7 hd y8c9 ff4 fs8 fc2 sc0 ls27 ws107\" style=\"z-index: 15;\"> Brevet<span class=\"_ _1a2\"> </span><span class=\"ls0 ws0\">12 a<span class=\"_ _5\"/>ns</span></div>\n<div class=\"t m0 x7 hd y8ca ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span>Sav<span class=\"_ _5\"/>oir \u2013 fa<span class=\"_ _5\"/>ire<span class=\"_ _1a3\"> </span>5 ans m<span class=\"_ _5\"/>axim<span class=\"_ _5\"/>um\"</div>\n<div class=\"t m0 x7 hd y8cb ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Logiciels</div>\n<div class=\"t m0 xbe hd y8cc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">5 an ma<span class=\"_ _5\"/>ximu<span class=\"_ _5\"/>m</div>\n<div class=\"t m0 x7 hd y8cd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9<span class=\"_ _5\"/>nomin<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n clie<span class=\"_ _5\"/>nts*<span class=\"_ _5\"/>* inclu<span class=\"_ _5\"/>ant le r\u00e9<span class=\"_ _5\"/>sea<span class=\"_ _5\"/>u de vent<span class=\"_ _5\"/>e (co\u00fbt de re<span class=\"_ _5\"/>mpla<span class=\"_ _5\"/>ceme<span class=\"_ _5\"/>nt)</div>\n<div class=\"t m0 x165 hd y8ce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ent<span class=\"_ _5\"/>re 5 et 20 an<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y8cf ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Appellations commerciales incluant les marques**<span class=\"_ _1a4\"> </span><span class=\"ls0 ws0\">Ent<span class=\"_ _5\"/>re 5 et 1<span class=\"_ _5\"/>5 ans</span></div>\n\n<div class=\"t m0 x5 h10 y8d0 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -8px; z-index: 15;\">* <span class=\"_ _6\"> </span> <span class=\"_ _3c\"/>Le<span class=\"_ _5\"/>s immobi<span class=\"_ _5\"/>lisati<span class=\"_ _5\"/>ons incor<span class=\"_ _5\"/>porelle<span class=\"_ _5\"/>s \u00e0 dur\u00e9e d<span class=\"_ _5\"/>e vie util<span class=\"_ _5\"/>e ind\u00e9fin<span class=\"_ _5\"/>ie ne sont p<span class=\"_ _5\"/>as amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>es, ma<span class=\"_ _5\"/>is font cha<span class=\"_ _5\"/>que ann\u00e9<span class=\"_ _5\"/>e l'objet d'un te<span class=\"_ _5\"/>st de r\u00e9d<span class=\"_ _5\"/>ucti<span class=\"_ _5\"/>on de</div>\n<div class=\"t m0 x13 h10 y8d1 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -8px; z-index: 15;\">valeu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>. L<span class=\"_ _1\"/>'\u00e9valua<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>a dur\u00e9e de v<span class=\"_ _5\"/>ie ind\u00e9fi<span class=\"_ _5\"/>nie est r<span class=\"_ _5\"/>evue annu<span class=\"_ _5\"/>elleme<span class=\"_ _5\"/>nt afin de d\u00e9te<span class=\"_ _5\"/>rmine<span class=\"_ _5\"/>r si la dur\u00e9e d<span class=\"_ _5\"/>e vie ind\u00e9<span class=\"_ _5\"/>finie cont<span class=\"_ _5\"/>inue \u00e0 se jus<span class=\"_ _5\"/>tifier. Si</div>\n<div class=\"t m0 x13 h10 y8d2 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -7px; z-index: 15;\">ce n'est pas l<span class=\"_ _5\"/>e cas, le ch<span class=\"_ _5\"/>angeme<span class=\"_ _5\"/>nt de dur\u00e9e d<span class=\"_ _5\"/>e vie uti<span class=\"_ _5\"/>le ind\u00e9fi<span class=\"_ _5\"/>nie \u00e0 d\u00e9fi<span class=\"_ _5\"/>nie est e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9 de mani<span class=\"_ _5\"/>\u00e8re r\u00e9tro<span class=\"_ _5\"/>spec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h10 y8d3 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -8px; z-index: 15;\">** <span class=\"_ _1a5\"> </span>La dur\u00e9<span class=\"_ _5\"/>e de vie ut<span class=\"_ _5\"/>ile peut va<span class=\"_ _5\"/>rier d'un ca<span class=\"_ _5\"/>s \u00e0 l'autre et d\u00e9<span class=\"_ _5\"/>pend de l'\u00e9valu<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>ffect<span class=\"_ _5\"/>u\u00e9e au mom<span class=\"_ _5\"/>ent de l'affe<span class=\"_ _5\"/>ctati<span class=\"_ _5\"/>on du pri<span class=\"_ _5\"/>x d'achat<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 637px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 637px; height: 445px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb ye ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Immobilisations c<span class=\"_ _d\"/>orporelles</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles s<span class=\"_ _5\"/>ont \u00e9va<span class=\"_ _5\"/>lu\u00e9e<span class=\"_ _5\"/>s \u00e0 leur co\u00fb<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, so<span class=\"_ _5\"/>us d\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s amor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>se<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s r\u00e9du<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons de</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur \u00e9ven<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>es. L<span class=\"_ _5\"/>e co\u00fbt d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n inclut to<span class=\"_ _5\"/>us les co\u00fb<span class=\"_ _5\"/>ts dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>ts ain<span class=\"_ _5\"/>si que to<span class=\"_ _5\"/>us les co\u00fb<span class=\"_ _5\"/>ts n\u00e9<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>saire<span class=\"_ _5\"/>s pour a<span class=\"_ _5\"/>mene<span class=\"_ _5\"/>r l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif e<span class=\"_ _5\"/>n \u00e9tat</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">op\u00e9rationnel, selon<span class=\"_ _d\"/> l\u2019u<span class=\"_ _d\"/>sage pr\u00e9vu.</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les d<span class=\"_ _5\"/>\u00e9pe<span class=\"_ _5\"/>nses d<span class=\"_ _5\"/>e r\u00e9par<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns et d\u2019entr<span class=\"_ _5\"/>etie<span class=\"_ _5\"/>n qui ne fon<span class=\"_ _5\"/>t que mainte<span class=\"_ _5\"/>nir \u2013 et no<span class=\"_ _5\"/>n augme<span class=\"_ _5\"/>nter \u2013 la v<span class=\"_ _5\"/>aleur de<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>tions<span class=\"_ _5\"/>, sont p<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es en</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">char<span class=\"_ _5\"/>ge dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>. Par cont<span class=\"_ _5\"/>re, les d<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>ses d<span class=\"_ _5\"/>e gros<span class=\"_ _5\"/>ses r\u00e9<span class=\"_ _5\"/>para<span class=\"_ _5\"/>tions e<span class=\"_ _5\"/>t gros e<span class=\"_ _5\"/>ntret<span class=\"_ _5\"/>iens q<span class=\"_ _5\"/>ui augme<span class=\"_ _5\"/>ntent le<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages \u00e9<span class=\"_ _5\"/>cono<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">miqu<span class=\"_ _5\"/>es fut<span class=\"_ _5\"/>urs qui s<span class=\"_ _5\"/>eron<span class=\"_ _5\"/>t g\u00e9n\u00e9r<span class=\"_ _5\"/>\u00e9s par l\u2019i<span class=\"_ _5\"/>mmobi<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion, so<span class=\"_ _5\"/>nt iden<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>i\u00e9es co<span class=\"_ _5\"/>mme un \u00e9l<span class=\"_ _5\"/>\u00e9ment s<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>\u00e9 du co\u00fbt d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>runt dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t att<span class=\"_ _5\"/>ribua<span class=\"_ _5\"/>bles \u00e0 l\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n, la cons<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion ou la p<span class=\"_ _5\"/>rodu<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on d\u2019un ac<span class=\"_ _5\"/>tif po<span class=\"_ _5\"/>ur lequ<span class=\"_ _5\"/>el la p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>e pr\u00e9c\u00e9<span class=\"_ _5\"/>dant s<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>e s\u2019<span class=\"_ _d\"/>av\u00e8r<span class=\"_ _5\"/>e longue s<span class=\"_ _5\"/>ont ca<span class=\"_ _5\"/>pita<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s comme par<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>u co\u00fbt de l\u2019ac<span class=\"_ _5\"/>tif.</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le mo<span class=\"_ _5\"/>ntant a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sab<span class=\"_ _5\"/>le des imm<span class=\"_ _5\"/>obili<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>ns corp<span class=\"_ _5\"/>orel<span class=\"_ _5\"/>les es<span class=\"_ _5\"/>t r\u00e9pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ti sur leu<span class=\"_ _5\"/>r dur\u00e9e d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ut<span class=\"_ _5\"/>ilit\u00e9 pro<span class=\"_ _5\"/>bable, e<span class=\"_ _5\"/>n utili<span class=\"_ _5\"/>sant la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de lin\u00e9<span class=\"_ _5\"/>aire. Le</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sable co<span class=\"_ _5\"/>rre<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>d au co\u00fbt d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion, s<span class=\"_ _5\"/>auf po<span class=\"_ _5\"/>ur les v\u00e9<span class=\"_ _5\"/>hicule<span class=\"_ _5\"/>s. Pour ce<span class=\"_ _5\"/>ux \u2013 ci, le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>ble cor<span class=\"_ _5\"/>resp<span class=\"_ _5\"/>ond \u00e0 la</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur d\u2019acquisi<span class=\"_ _5\"/>tion m<span class=\"_ _5\"/>oins leur v<span class=\"_ _5\"/>aleur r<span class=\"_ _5\"/>\u00e9sidu<span class=\"_ _5\"/>elle en f<span class=\"_ _5\"/>in de v<span class=\"_ _5\"/>ie. Les d<span class=\"_ _5\"/>ur\u00e9e<span class=\"_ _5\"/>s de vie re<span class=\"_ _5\"/>tenue<span class=\"_ _5\"/>s sont le<span class=\"_ _5\"/>s suiv<span class=\"_ _5\"/>antes<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hc y8d4 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">IMMOBILISATION<span class=\"_ _d\"/>S CORPORELLES<span class=\"_ _1a6\"> </span><span class=\"ff7 fc0 ls41 ws4b\">DUR\u00c9E D'UTILIT\u00c9</span></div>\n<div class=\"t m0 x7 hd y8d5 ff4 fs8 fc2 sc0 lse4 ws108\" style=\"z-index: 15;\">Te<span class=\"_ _5\"/>r<span class=\"_ _5\"/>r<span class=\"_ _5\"/>a<span class=\"_ _5\"/>i<span class=\"_ _5\"/>n<span class=\"_ _5\"/>s<span class=\"_ _1a7\"> </span><span class=\"lsd9 ws58\">N/A</span></div>\n<div class=\"t m0 x7 hd y8d6 ff4 fs8 fc2 sc0 ls26 ws28\" style=\"z-index: 15;\">B\u00e2timents ad<span class=\"_ _d\"/>ministratifs c<span class=\"_ _d\"/>entraux<span class=\"_ _1a8\"> </span><span class=\"ls0 ws0\">40 a<span class=\"_ _5\"/>ns</span></div>\n<div class=\"t m0 x7 hd y8d7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>es du r\u00e9<span class=\"_ _5\"/>sea<span class=\"_ _5\"/>u<span class=\"_ _1a9\"> </span>40 a<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x7 hd y8d8 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">B\u00e2timents indu<span class=\"_ _d\"/>striel<span class=\"_ _5\"/>s, c<span class=\"_ _d\"/>entres de<span class=\"_ _d\"/> tri<span class=\"_ _1aa\"> </span><span class=\"ls0 ws0\">2<span class=\"_ _5\"/>5 ans</span></div>\n<div class=\"t m0 x7 hd y8d9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>ravaux d\u2019<span class=\"_ _d\"/>am\u00e9nagement<span class=\"_ _d\"/> des b\u00e2ti<span class=\"_ _d\"/>ments<span class=\"_ _1ab\"> </span><span class=\"ls2b ws2d\">10 ans</span></div>\n<div class=\"t m0 x7 hd y8da ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>acteur<span class=\"_ _5\"/>s et \u00e9l\u00e9vateurs<span class=\"_ _1ac\"> </span><span class=\"ls2b ws2d\">10 ans</span></div>\n<div class=\"t m0 x7 hd y8db ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">V\u00e9los et v\u00e9lomoteur<span class=\"_ _5\"/>s<span class=\"_ _1ad\"> </span><span class=\"ls0 ws0\">4 ans</span></div>\n<div class=\"t m0 x7 hd y8dc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res v<span class=\"_ _5\"/>\u00e9hicu<span class=\"_ _5\"/>les (vo<span class=\"_ _5\"/>iture<span class=\"_ _5\"/>s, c<span class=\"_ _5\"/>amion<span class=\"_ _5\"/>s, \u2026)<span class=\"_ _1ae\"> </span>5 ans</div>\n<div class=\"t m0 x7 hd y8dd ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Machines</div>\n<div class=\"t m0 x77 hd y8de ff4 fs8 fc2 sc0 ls31 ws33\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>-1<span class=\"_ _5\"/>0 a<span class=\"_ _5\"/>n<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y8df ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Mobilier<span class=\"_ _1af\"> </span><span class=\"ls2b ws2d\">10 ans</span></div>\n<div class=\"t m0 x7 hd y8e0 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">\u00c9quipement infor<span class=\"_ _5\"/>matique</div>\n<div class=\"t m0 xd5 hd y8e1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">4<span class=\"_ _5\"/>-5 an<span class=\"_ _5\"/>s</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 111px; height: 506px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 111px; height: 971px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Op\u00e9rations de location</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A la cr\u00e9<span class=\"_ _5\"/>ation du co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t, bp<span class=\"_ _5\"/>ost \u00e9v<span class=\"_ _5\"/>alue si le co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t est<span class=\"_ _5\"/>, ou cont<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>, une loc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>. Une loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n est un co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t par lequ<span class=\"_ _5\"/>el le dro<span class=\"_ _5\"/>it d\u2019utilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u2019un ac<span class=\"_ _5\"/>tif (l\u2019ac<span class=\"_ _5\"/>tif lou<span class=\"_ _5\"/>\u00e9) est o<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>roy\u00e9 pou<span class=\"_ _5\"/>r une p\u00e9r<span class=\"_ _5\"/>iod<span class=\"_ _5\"/>e d\u00e9ter<span class=\"_ _5\"/>min\u00e9<span class=\"_ _5\"/>e en \u00e9ch<span class=\"_ _5\"/>ange d\u2019une co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>us IFRS 16<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t appli<span class=\"_ _5\"/>que une ap<span class=\"_ _5\"/>proc<span class=\"_ _5\"/>he de comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on et \u00e9v<span class=\"_ _5\"/>aluati<span class=\"_ _5\"/>on uniqu<span class=\"_ _5\"/>e pour tou<span class=\"_ _5\"/>tes les l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>, except<span class=\"_ _5\"/>\u00e9 pour le<span class=\"_ _5\"/>s locat<span class=\"_ _5\"/>ions \u00e0</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me et l<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tifs \u00e0 f<span class=\"_ _5\"/>aible v<span class=\"_ _5\"/>aleur. En tant qu<span class=\"_ _5\"/>e pren<span class=\"_ _5\"/>eur de ba<span class=\"_ _5\"/>il, bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion af<span class=\"_ _5\"/>in que le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s li\u00e9s \u00e0 la</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">loc<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s au tit<span class=\"_ _5\"/>re du dro<span class=\"_ _5\"/>it d\u2019utilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n repr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>tent le dro<span class=\"_ _5\"/>it d\u2019utili<span class=\"_ _5\"/>ser le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs s<span class=\"_ _5\"/>ous \u2013 jace<span class=\"_ _5\"/>nts<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s au ti<span class=\"_ _5\"/>tre du d<span class=\"_ _5\"/>roit d<span class=\"_ _5\"/>'util<span class=\"_ _5\"/>isa<span class=\"_ _5\"/>tion<span class=\"ff5\"> </span></span></div>\n<div class=\"t m0 x2a h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le co\u00fb<span class=\"_ _5\"/>t des ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s au tit<span class=\"_ _5\"/>re du droi<span class=\"_ _5\"/>t d'utilis<span class=\"_ _5\"/>ation co<span class=\"_ _5\"/>mpre<span class=\"_ _5\"/>nd le mont<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s et les p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e loca<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x2a h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>u\u00e9s au p<span class=\"_ _5\"/>lus tar<span class=\"_ _5\"/>d \u00e0 la date d'entr<span class=\"_ _5\"/>\u00e9e en vi<span class=\"_ _5\"/>gueur (p<span class=\"_ _5\"/>ar exem<span class=\"_ _5\"/>ple, de<span class=\"_ _5\"/>s pr\u00e9p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nts), d\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion fa<span class=\"_ _5\"/>ite des \u00e9<span class=\"_ _5\"/>ventue<span class=\"_ _5\"/>ls ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s re\u00e7us a<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x2a h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tit<span class=\"_ _5\"/>re de la lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n. Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s au titr<span class=\"_ _5\"/>e du droit d'ut<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>tion s<span class=\"_ _5\"/>ont amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>is de fa<span class=\"_ _5\"/>\u00e7on lin\u00e9<span class=\"_ _5\"/>aire sur la d<span class=\"_ _5\"/>ur\u00e9e la p<span class=\"_ _5\"/>lus cour<span class=\"_ _5\"/>te ent<span class=\"_ _5\"/>re leur</div>\n<div class=\"t m0 x2a h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur\u00e9<span class=\"_ _5\"/>e d'utilit<span class=\"_ _5\"/>\u00e9 est<span class=\"_ _5\"/>im\u00e9e e<span class=\"_ _5\"/>t la dur\u00e9<span class=\"_ _5\"/>e du contr<span class=\"_ _5\"/>at de loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n. Les a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>fs au ti<span class=\"_ _5\"/>tre du dr<span class=\"_ _5\"/>oit d'utili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on sont s<span class=\"_ _5\"/>oumis \u00e0 l<span class=\"_ _5\"/>a r\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h7 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls35 ws3b\">Dettes de location<span class=\"_ _d\"/><span class=\"ff5 ls0 ws0\"> </span></span></div>\n<div class=\"t m0 x2a h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e loca<span class=\"_ _5\"/>tion com<span class=\"_ _5\"/>prenn<span class=\"_ _5\"/>ent le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fixe<span class=\"_ _5\"/>s (y com<span class=\"_ _5\"/>pris l<span class=\"_ _5\"/>es paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>ixes en s<span class=\"_ _5\"/>ubst<span class=\"_ _5\"/>ance), des<span class=\"_ _5\"/>quel<span class=\"_ _5\"/>s on d\u00e9d<span class=\"_ _5\"/>uit tout av<span class=\"_ _5\"/>an-</div>\n<div class=\"t m0 x2a h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tag<span class=\"_ _5\"/>e \u00e0 recevo<span class=\"_ _5\"/>ir au tit<span class=\"_ _5\"/>re de la lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n, les pa<span class=\"_ _5\"/>ieme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion va<span class=\"_ _5\"/>riable<span class=\"_ _5\"/>s d\u00e9p<span class=\"_ _5\"/>endant d'un i<span class=\"_ _5\"/>ndice ou d'un t<span class=\"_ _5\"/>aux<span class=\"_ _5\"/>, et les m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>ts \u00e0 paye<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x2a h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>s en ver<span class=\"_ _5\"/>tu de g<span class=\"_ _5\"/>aran<span class=\"_ _5\"/>ties d<span class=\"_ _5\"/>e valeur r<span class=\"_ _5\"/>\u00e9sid<span class=\"_ _5\"/>uelle. L<span class=\"_ _5\"/>a plupa<span class=\"_ _5\"/>rt d<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es b\u00e2t<span class=\"_ _5\"/>iment<span class=\"_ _5\"/>s be<span class=\"_ _5\"/>lges so<span class=\"_ _5\"/>nt par ex<span class=\"_ _5\"/>emple s<span class=\"_ _5\"/>oumis \u00e0</div>\n<div class=\"t m0 x2a h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une in<span class=\"_ _5\"/>dexa<span class=\"_ _5\"/>tion t<span class=\"_ _5\"/>andis qu<span class=\"_ _5\"/>e la plupar<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e b\u00e2tim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s aux Etat<span class=\"_ _5\"/>s \u2013 Unis o<span class=\"_ _5\"/>nt des pa<span class=\"_ _5\"/>ieme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion f<span class=\"_ _5\"/>ixes<span class=\"_ _5\"/>. \u00c0 noter q<span class=\"_ _5\"/>ue</div>\n<div class=\"t m0 x2a h8 y8f ff4 fs3 fc2 sc0 ls0 ws37\" style=\"z-index: 15;\">la T<span class=\"_ _5\"/>VA non r<span class=\"_ _5\"/>\u00e9cup\u00e9<span class=\"_ _5\"/>rab<span class=\"_ _5\"/>le n<span class=\"_ _d\"/>'es<span class=\"_ _5\"/>t pas inc<span class=\"_ _5\"/>luse dan<span class=\"_ _5\"/>s les pai<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on et e<span class=\"_ _5\"/>st touj<span class=\"_ _5\"/>ours co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s<span class=\"_ _5\"/>. Les pai<span class=\"_ _5\"/>e<span class=\"ws0\">-</span></div>\n<div class=\"t m0 x2a h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion comp<span class=\"_ _5\"/>renne<span class=\"_ _5\"/>nt \u00e9gal<span class=\"_ _5\"/>ement l<span class=\"_ _5\"/>e prix d'e<span class=\"_ _5\"/>xercice d'un<span class=\"_ _5\"/>e optio<span class=\"_ _5\"/>n d'achat don<span class=\"_ _5\"/>t il es<span class=\"_ _5\"/>t rais<span class=\"_ _5\"/>onnabl<span class=\"_ _5\"/>ement ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tain qu'elle s<span class=\"_ _5\"/>era le<span class=\"_ _5\"/>v\u00e9e</div>\n<div class=\"t m0 x2a h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par b<span class=\"_ _5\"/>post<span class=\"_ _5\"/>. Par<span class=\"_ _5\"/>all\u00e8le<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>, les ter<span class=\"_ _5\"/>mes e<span class=\"_ _5\"/>t paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation p<span class=\"_ _5\"/>euve<span class=\"_ _5\"/>nt compr<span class=\"_ _5\"/>endre l<span class=\"_ _5\"/>es paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de p\u00e9<span class=\"_ _5\"/>nalit\u00e9<span class=\"_ _5\"/>s en cas d<span class=\"_ _5\"/>e r\u00e9sil<span class=\"_ _5\"/>iation d'un</div>\n<div class=\"t m0 x2a h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>rat de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on, si la du<span class=\"_ _5\"/>r\u00e9e du con<span class=\"_ _5\"/>trat r<span class=\"_ _5\"/>efl\u00e8<span class=\"_ _5\"/>te l'exerc<span class=\"_ _5\"/>ice par bp<span class=\"_ _5\"/>ost de s<span class=\"_ _5\"/>on opt<span class=\"_ _5\"/>ion de r\u00e9<span class=\"_ _5\"/>siliat<span class=\"_ _5\"/>ion. Po<span class=\"_ _5\"/>ur les cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de bail co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>cial 3/6/9</div>\n<div class=\"t m0 x2a h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue, bpo<span class=\"_ _5\"/>st a le dro<span class=\"_ _5\"/>it d\u2019annuler l<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at unilat\u00e9r<span class=\"_ _5\"/>alem<span class=\"_ _5\"/>ent apr<span class=\"_ _5\"/>\u00e8s 3 ans<span class=\"_ _5\"/>. Etant d<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>e l\u2019incer<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>tude da<span class=\"_ _5\"/>ns la reco<span class=\"_ _5\"/>nduc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n d\u2019un contr<span class=\"_ _5\"/>at</div>\n<div class=\"t m0 x2a h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de bai<span class=\"_ _5\"/>l de gar<span class=\"_ _5\"/>age, bur<span class=\"_ _5\"/>eau de po<span class=\"_ _5\"/>ste et le<span class=\"_ _5\"/>s poin<span class=\"_ _5\"/>ts de ve<span class=\"_ _5\"/>nte du r\u00e9<span class=\"_ _5\"/>seau ap<span class=\"_ _5\"/>r\u00e8s 3 an<span class=\"_ _5\"/>s, le ter<span class=\"_ _5\"/>me de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t limit\u00e9 \u00e0 3 an<span class=\"_ _5\"/>s. Le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cat<span class=\"_ _5\"/>ion var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s qui ne d\u00e9<span class=\"_ _5\"/>pen<span class=\"_ _5\"/>dent pa<span class=\"_ _5\"/>s d'un indice ou d'un t<span class=\"_ _5\"/>aux s<span class=\"_ _5\"/>ont compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9s e<span class=\"_ _5\"/>n charge<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>a p\u00e9r<span class=\"_ _5\"/>iode au co<span class=\"_ _5\"/>urs de l<span class=\"_ _5\"/>aquell<span class=\"_ _5\"/>e sur<span class=\"_ _5\"/>vie<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x2a h8 yc ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">l'<span class=\"_ _1\"/>\u00e9v\u00e9nement ou la<span class=\"_ _d\"/> condition<span class=\"_ _d\"/> qui d\u00e9cl<span class=\"_ _d\"/>enche le p<span class=\"_ _d\"/>aiement.<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x2a h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x2a h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour c<span class=\"_ _5\"/>alcule<span class=\"_ _5\"/>r la valeu<span class=\"_ _5\"/>r act<span class=\"_ _5\"/>uelle de<span class=\"_ _5\"/>s paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, bpo<span class=\"_ _5\"/>st re<span class=\"_ _5\"/>cour<span class=\"_ _5\"/>t au ta<span class=\"_ _5\"/>ux d'empr<span class=\"_ _5\"/>unt marg<span class=\"_ _5\"/>inal \u00e0 la date d'ent<span class=\"_ _5\"/>r\u00e9e e<span class=\"_ _5\"/>n vigue<span class=\"_ _5\"/>ur du</div>\n<div class=\"t m0 x2a h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>rat de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on si le ta<span class=\"_ _5\"/>ux d'int\u00e9r<span class=\"_ _5\"/>\u00eat impli<span class=\"_ _5\"/>cite du con<span class=\"_ _5\"/>trat de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion ne p<span class=\"_ _5\"/>eut pas \u00ea<span class=\"_ _5\"/>tre d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9 fac<span class=\"_ _5\"/>ileme<span class=\"_ _5\"/>nt. A<span class=\"_ _5\"/>pr\u00e8s la d<span class=\"_ _5\"/>ate d'entr\u00e9<span class=\"_ _5\"/>e en</div>\n<div class=\"t m0 x2a h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vig<span class=\"_ _5\"/>ueur, le monta<span class=\"_ _5\"/>nt des d<span class=\"_ _5\"/>ett<span class=\"_ _5\"/>es de loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n est a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>t\u00e9 pour te<span class=\"_ _5\"/>nir compte d<span class=\"_ _5\"/>e la d\u00e9s<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duit en fo<span class=\"_ _5\"/>nct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n effe<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>\u00e9s. D<span class=\"_ _5\"/>e plus<span class=\"_ _5\"/>, la vale<span class=\"_ _5\"/>ur compt<span class=\"_ _5\"/>able de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t r\u00e9\u00e9v<span class=\"_ _5\"/>alu\u00e9<span class=\"_ _5\"/>e en cas d<span class=\"_ _5\"/>e modif<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>, de change<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">au ni<span class=\"_ _5\"/>veau de la dur<span class=\"_ _5\"/>\u00e9e du con<span class=\"_ _5\"/>trat d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion, de<span class=\"_ _5\"/>s paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n fix<span class=\"_ _5\"/>\u00e9s en sub<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>nce ou de l'\u00e9va<span class=\"_ _5\"/>luation v<span class=\"_ _5\"/>isan<span class=\"_ _5\"/>t \u00e0 l'<span class=\"_ _d\"/>ach<span class=\"_ _5\"/>at de l'act<span class=\"_ _5\"/>if sou<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2013 jace<span class=\"_ _5\"/>nt.</div>\n<div class=\"t m0 x5 h7 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls35 ws3b\">Contrats de loca<span class=\"_ _d\"/>tion d\u2019a<span class=\"_ _d\"/>ctif<span class=\"_ _5\"/>s<span class=\"_ _d\"/> de faible valeur<span class=\"_ _d\"/><span class=\"ff5 ls0 ws0\"> </span></span></div>\n<div class=\"t m0 x2a h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s exemp<span class=\"_ _5\"/>tions co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>nant les co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion don<span class=\"_ _5\"/>t le bien s<span class=\"_ _5\"/>ous \u2013 jace<span class=\"_ _5\"/>nt es<span class=\"_ _5\"/>t de vale<span class=\"_ _5\"/>ur inf\u00e9r<span class=\"_ _5\"/>ieure \u00e0 5<span class=\"_ _5\"/>.00<span class=\"_ _5\"/>0 EUR, p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent pou<span class=\"_ _5\"/>r des</div>\n<div class=\"t m0 x2a h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ar<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>les info<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>iques<span class=\"_ _5\"/>, tel<span class=\"_ _5\"/>s que des i<span class=\"_ _5\"/>mprim<span class=\"_ _5\"/>antes e<span class=\"_ _5\"/>t la loca<span class=\"_ _5\"/>tion d\u2019esp<span class=\"_ _5\"/>aces p<span class=\"_ _5\"/>our les di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibute<span class=\"_ _5\"/>urs de pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7\">Con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on d\u2019ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me<span class=\"ff5\"> </span></span></div>\n<div class=\"t m0 x2a h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s exemp<span class=\"_ _5\"/>tions co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>nant les co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur les v\u00e9<span class=\"_ _5\"/>hicule<span class=\"_ _5\"/>s dont la dur<span class=\"_ _5\"/>\u00e9e de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t de 12 mo<span class=\"_ _5\"/>is ou moi<span class=\"_ _5\"/>ns.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 447px; height: 635px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y56 ff5 fs6 fc3 sc0 ls51 ws61\" style=\"z-index: 15;\">Immeubles de<span class=\"_ _d\"/> placement</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmeub<span class=\"_ _5\"/>les de pl<span class=\"_ _5\"/>aceme<span class=\"_ _5\"/>nt sont p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent cons<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>u\u00e9s d\u2019appa<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s sit<span class=\"_ _5\"/>u\u00e9s dan<span class=\"_ _5\"/>s des imm<span class=\"_ _5\"/>euble<span class=\"_ _5\"/>s utili<span class=\"_ _5\"/>s\u00e9s com<span class=\"_ _5\"/>me bure<span class=\"_ _5\"/>aux de p<span class=\"_ _5\"/>oste,</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lou\u00e9<span class=\"_ _5\"/>s af<span class=\"_ _5\"/>in d\u2019<span class=\"_ _d\"/>obt<span class=\"_ _5\"/>enir de<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us loca<span class=\"_ _5\"/>tifs<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmeub<span class=\"_ _5\"/>les de pl<span class=\"_ _5\"/>aceme<span class=\"_ _5\"/>nt sont \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur co\u00fb<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion, s<span class=\"_ _5\"/>ous d\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s cumu<span class=\"_ _5\"/>l\u00e9s \u00e9ve<span class=\"_ _5\"/>ntuel<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur \u00e9ven<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>es. L<span class=\"_ _5\"/>e mont<span class=\"_ _5\"/>ant amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i es<span class=\"_ _5\"/>t allou\u00e9 d<span class=\"_ _5\"/>e mani\u00e8r<span class=\"_ _5\"/>e sys<span class=\"_ _5\"/>t\u00e9mat<span class=\"_ _5\"/>ique en f<span class=\"_ _5\"/>onc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e la dur\u00e9e d<span class=\"_ _5\"/>\u2019utilit\u00e9 d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif en u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ant</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>de d\u2019amor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent lin<span class=\"_ _5\"/>\u00e9aire. L<span class=\"_ _5\"/>a dur\u00e9<span class=\"_ _5\"/>e d\u2019utilit\u00e9 a<span class=\"_ _5\"/>pplic<span class=\"_ _5\"/>able es<span class=\"_ _5\"/>t rep<span class=\"_ _5\"/>rise d<span class=\"_ _5\"/>ans le ta<span class=\"_ _5\"/>bleau in<span class=\"_ _5\"/>clus dans l<span class=\"_ _5\"/>a sec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n \u201c Immob<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ions</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">corporelles\u201d<span class=\"_ _1\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 297px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y60 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s <span class=\"_ _d\"/>d\u00e9<span class=\"_ _5\"/>tenus en vu<span class=\"_ _5\"/>e <span class=\"_ _d\"/>de la vent<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs no<span class=\"_ _5\"/>n couran<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ont clas<span class=\"_ _5\"/>s\u00e9<span class=\"_ _5\"/>s en tan<span class=\"_ _5\"/>t qu\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9ten<span class=\"_ _5\"/>us en vu<span class=\"_ _5\"/>e de la vente s<span class=\"_ _5\"/>ous un<span class=\"_ _5\"/>e rubr<span class=\"_ _5\"/>ique di<span class=\"_ _5\"/>stin<span class=\"_ _5\"/>cte du b<span class=\"_ _5\"/>ilan si le<span class=\"_ _5\"/>ur valeu<span class=\"_ _5\"/>r compta<span class=\"_ _5\"/>ble</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t reco<span class=\"_ _5\"/>uvr\u00e9<span class=\"_ _5\"/>e prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment v<span class=\"_ _5\"/>ia la vente pl<span class=\"_ _5\"/>ut\u00f4t que pa<span class=\"_ _5\"/>r une util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on conti<span class=\"_ _5\"/>nue. Ce<span class=\"_ _5\"/>ci es<span class=\"_ _5\"/>t appli<span class=\"_ _5\"/>cable s<span class=\"_ _5\"/>i cer<span class=\"_ _5\"/>tains c<span class=\"_ _5\"/>rit\u00e8<span class=\"_ _5\"/>res s<span class=\"_ _5\"/>tric<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s sont re<span class=\"_ _5\"/>ncon<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr\u00e9<span class=\"_ _5\"/>s (lance<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>un pr<span class=\"_ _5\"/>ogra<span class=\"_ _5\"/>mme ac<span class=\"_ _5\"/>tif v<span class=\"_ _5\"/>isant \u00e0 t<span class=\"_ _5\"/>rouve<span class=\"_ _5\"/>r un ache<span class=\"_ _5\"/>teur, propr<span class=\"_ _5\"/>i\u00e9t\u00e9 di<span class=\"_ _5\"/>sponi<span class=\"_ _5\"/>ble pour u<span class=\"_ _5\"/>ne vente im<span class=\"_ _5\"/>m\u00e9diat<span class=\"_ _5\"/>e dans so<span class=\"_ _5\"/>n \u00e9tat a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>el,</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vente h<span class=\"_ _5\"/>autem<span class=\"_ _5\"/>ent pro<span class=\"_ _5\"/>bable et e<span class=\"_ _5\"/>scom<span class=\"_ _5\"/>pt\u00e9e dan<span class=\"_ _5\"/>s l\u2019<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>\u00e9e \u00e0 par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r de la date de c<span class=\"_ _5\"/>lass<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n<span class=\"_ _d\"/>). Le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs no<span class=\"_ _5\"/>n coura<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9s a<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant de le p<span class=\"_ _5\"/>lus bas e<span class=\"_ _5\"/>ntre la v<span class=\"_ _5\"/>aleur ne<span class=\"_ _5\"/>tte co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>ble et la ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur dimin<span class=\"_ _5\"/>u\u00e9e de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s de la ve<span class=\"_ _5\"/>nte.</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles d\u00e9<span class=\"_ _5\"/>tenue<span class=\"_ _5\"/>s en vu<span class=\"_ _5\"/>e de la vente n<span class=\"_ _5\"/>e sont p<span class=\"_ _5\"/>lus amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ies d\u00e8<span class=\"_ _5\"/>s qu'elles s<span class=\"_ _5\"/>ont clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9e<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9tenu<span class=\"_ _5\"/>es en v<span class=\"_ _5\"/>ue de la</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vente<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 117px; height: 155px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 117px; height: 965px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Collection de timbres</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e timbr<span class=\"_ _5\"/>es qui es<span class=\"_ _5\"/>t la pr<span class=\"_ _5\"/>opri<span class=\"_ _5\"/>\u00e9t\u00e9 de bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>st \u00e9v<span class=\"_ _5\"/>alu\u00e9e \u00e0 s<span class=\"_ _5\"/>a vale<span class=\"_ _5\"/>ur r\u00e9\u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>e, d\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion fai<span class=\"_ _5\"/>te d\u2019une d\u00e9<span class=\"_ _5\"/>cote pour ma<span class=\"_ _5\"/>nque de l<span class=\"_ _5\"/>iquidi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">t\u00e9. Le<span class=\"_ _5\"/>s valeu<span class=\"_ _5\"/>rs r\u00e9<span class=\"_ _5\"/>\u00e9valu<span class=\"_ _5\"/>\u00e9es s<span class=\"_ _5\"/>ont d\u00e9t<span class=\"_ _5\"/>ermin<span class=\"_ _5\"/>\u00e9es p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>odique<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>ur base d<span class=\"_ _5\"/>u prix d<span class=\"_ _5\"/>u march\u00e9<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t pro<span class=\"_ _5\"/>c\u00e8de \u00e0 un<span class=\"_ _5\"/>e r\u00e9\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n de son p<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>moine</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tous le<span class=\"_ _5\"/>s cinq a<span class=\"_ _5\"/>ns (la der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e ayant eu l<span class=\"_ _5\"/>ieu en 20<span class=\"_ _5\"/>20). La colle<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on de tim<span class=\"_ _5\"/>bres e<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans la r<span class=\"_ _5\"/>ubri<span class=\"_ _5\"/>que \u201c<span class=\"_ _d\"/>Aut<span class=\"_ _5\"/>res im<span class=\"_ _5\"/>mobili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles\u201d du b<span class=\"_ _5\"/>ilan.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 987px; height: 95px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y87 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur s<span class=\"_ _5\"/>ur act<span class=\"_ _5\"/>ifs</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A cha<span class=\"_ _5\"/>que date de r<span class=\"_ _5\"/>epor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ng, bp<span class=\"_ _5\"/>ost \u00e9<span class=\"_ _5\"/>value s<span class=\"_ _5\"/>\u2019il y a indic<span class=\"_ _5\"/>ation q<span class=\"_ _5\"/>u\u2019<span class=\"_ _d\"/>un a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f doive \u00ea<span class=\"_ _5\"/>tre so<span class=\"_ _5\"/>umis \u00e0 une r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>. S<span class=\"_ _5\"/>i une indi<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n exis<span class=\"_ _5\"/>te, ou</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lor<span class=\"_ _5\"/>squ\u2019un tes<span class=\"_ _5\"/>t de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeur a<span class=\"_ _5\"/>nnuel e<span class=\"_ _5\"/>st n\u00e9<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>saire (c<span class=\"_ _5\"/>\u00e0d : goo<span class=\"_ _5\"/>dwill et im<span class=\"_ _5\"/>mobili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons inco<span class=\"_ _5\"/>rpor<span class=\"_ _5\"/>elles av<span class=\"_ _5\"/>ec dur\u00e9<span class=\"_ _5\"/>e de vie i<span class=\"_ _5\"/>nd\u00e9f<span class=\"_ _5\"/>inie), bpos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>time l<span class=\"_ _5\"/>a valeur r<span class=\"_ _5\"/>ecouv<span class=\"_ _5\"/>rab<span class=\"_ _5\"/>le de l\u2019act<span class=\"_ _5\"/>if. Une r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion de va<span class=\"_ _5\"/>leur es<span class=\"_ _5\"/>t comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue la vale<span class=\"_ _5\"/>ur compt<span class=\"_ _5\"/>able d\u2019un a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f d\u00e9pas<span class=\"_ _5\"/>se s<span class=\"_ _5\"/>on mont<span class=\"_ _5\"/>ant</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9c<span class=\"_ _5\"/>up\u00e9r<span class=\"_ _5\"/>able, c<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st \u2013 \u00e0 \u2013 dir<span class=\"_ _5\"/>e le mont<span class=\"_ _5\"/>ant le plu<span class=\"_ _5\"/>s haut ent<span class=\"_ _5\"/>re sa ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur<span class=\"_ _d\"/>, d\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>es fr<span class=\"_ _5\"/>ais de ven<span class=\"_ _5\"/>te (soit le mo<span class=\"_ _5\"/>ntant q<span class=\"_ _5\"/>ue bpo<span class=\"_ _5\"/>st r\u00e9<span class=\"_ _5\"/>cup\u00e8r<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">quan<span class=\"_ _5\"/>d elle ven<span class=\"_ _5\"/>d l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>) e<span class=\"_ _5\"/>t sa vale<span class=\"_ _5\"/>ur d\u2019utili<span class=\"_ _5\"/>t\u00e9 (soit le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t que bpo<span class=\"_ _5\"/>st g\u00e9n<span class=\"_ _5\"/>\u00e8rer<span class=\"_ _5\"/>ait si e<span class=\"_ _5\"/>lle contin<span class=\"_ _5\"/>uait \u00e0 uti<span class=\"_ _5\"/>liser l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if<span class=\"_ _5\"/>).</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Lor<span class=\"_ _5\"/>sque ce<span class=\"_ _5\"/>la es<span class=\"_ _5\"/>t pos<span class=\"_ _5\"/>sible, l<span class=\"_ _5\"/>es tes<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ont r\u00e9a<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s sur les a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s indi<span class=\"_ _5\"/>vidue<span class=\"_ _5\"/>ls<span class=\"_ _5\"/>. T<span class=\"_ _1\"/>out<span class=\"_ _5\"/>efois<span class=\"_ _5\"/>, lors<span class=\"_ _5\"/>que le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs ne g<span class=\"_ _5\"/>\u00e9n\u00e8r<span class=\"_ _5\"/>ent pas d<span class=\"_ _5\"/>es fl<span class=\"_ _5\"/>ux de tr<span class=\"_ _5\"/>\u00e9sor<span class=\"_ _5\"/>erie</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de man<span class=\"_ _5\"/>i\u00e8re in<span class=\"_ _5\"/>d\u00e9pe<span class=\"_ _5\"/>ndante, l<span class=\"_ _5\"/>e test e<span class=\"_ _5\"/>st r\u00e9<span class=\"_ _5\"/>alis\u00e9 a<span class=\"_ _5\"/>u niveau d<span class=\"_ _5\"/>e l\u2019unit\u00e9 g\u00e9n\u00e9<span class=\"_ _5\"/>ratr<span class=\"_ _5\"/>ice de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e (UGT) \u00e0 l<span class=\"_ _5\"/>aquel<span class=\"_ _5\"/>le l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif e<span class=\"_ _5\"/>st allo<span class=\"_ _5\"/>u\u00e9 (UGT = le p<span class=\"_ _5\"/>lus pet<span class=\"_ _5\"/>it</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gro<span class=\"_ _5\"/>upe d\u2019ac<span class=\"_ _5\"/>tifs id<span class=\"_ _5\"/>entif<span class=\"_ _5\"/>iab<span class=\"_ _5\"/>le qui g\u00e9n\u00e8<span class=\"_ _5\"/>re des f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie de ma<span class=\"_ _5\"/>ni\u00e8re in<span class=\"_ _5\"/>d\u00e9pe<span class=\"_ _5\"/>ndante d<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e g\u00e9n\u00e9r<span class=\"_ _5\"/>\u00e9s par le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es UGT<span class=\"_ _5\"/>).</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le c<span class=\"_ _5\"/>adre d<span class=\"_ _5\"/>u test d<span class=\"_ _5\"/>e r\u00e9du<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>, le go<span class=\"_ _5\"/>odwill d<span class=\"_ _5\"/>\u00e9gag\u00e9 lo<span class=\"_ _5\"/>rs d\u2019un re<span class=\"_ _5\"/>group<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s est<span class=\"_ _5\"/>, \u00e0 par<span class=\"_ _5\"/>tir d<span class=\"_ _5\"/>e la date d\u2019acquis<span class=\"_ _5\"/>ition<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">allou<span class=\"_ _5\"/>\u00e9 aux gr<span class=\"_ _5\"/>oupe<span class=\"_ _5\"/>s d\u2019UG<span class=\"_ _5\"/>T<span class=\"_ _1\"/>, cen<span class=\"_ _5\"/>s\u00e9s b<span class=\"_ _5\"/>\u00e9n\u00e9f<span class=\"_ _5\"/>ici<span class=\"_ _5\"/>er des s<span class=\"_ _5\"/>yne<span class=\"_ _5\"/>rgie<span class=\"_ _5\"/>s r\u00e9su<span class=\"_ _5\"/>ltant du r<span class=\"_ _5\"/>egrou<span class=\"_ _5\"/>peme<span class=\"_ _5\"/>nt.</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Lor<span class=\"_ _5\"/>squ\u2019une p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te de va<span class=\"_ _5\"/>leur es<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>tat\u00e9<span class=\"_ _5\"/>e, elle r\u00e9<span class=\"_ _5\"/>duit dan<span class=\"_ _5\"/>s un prem<span class=\"_ _5\"/>ier temp<span class=\"_ _5\"/>s la vale<span class=\"_ _5\"/>ur compt<span class=\"_ _5\"/>able de to<span class=\"_ _5\"/>ut goo<span class=\"_ _5\"/>dwill allo<span class=\"_ _5\"/>u\u00e9 aux g<span class=\"_ _5\"/>roupe<span class=\"_ _5\"/>s d\u2019UG<span class=\"_ _5\"/>T<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019exc\u00e9<span class=\"_ _5\"/>dent \u00e9ve<span class=\"_ _5\"/>ntuel e<span class=\"_ _5\"/>st al<span class=\"_ _5\"/>ors imp<span class=\"_ _5\"/>ut\u00e9 sur le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s de l\u2019UG<span class=\"_ _5\"/>T au pro<span class=\"_ _5\"/>rata d<span class=\"_ _5\"/>e leur val<span class=\"_ _5\"/>eur comp<span class=\"_ _5\"/>table<span class=\"_ _5\"/>, mais uniqu<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t dans la</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">me<span class=\"_ _5\"/>sure o\u00f9 la v<span class=\"_ _5\"/>aleur de v<span class=\"_ _5\"/>ente de ce<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs e<span class=\"_ _5\"/>st inf\u00e9<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>ure \u00e0 leur v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>le.</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r sur goo<span class=\"_ _5\"/>dwill ne p<span class=\"_ _5\"/>eut jama<span class=\"_ _5\"/>is \u00eatr<span class=\"_ _5\"/>e repr<span class=\"_ _5\"/>ise ult\u00e9<span class=\"_ _5\"/>rieu<span class=\"_ _5\"/>reme<span class=\"_ _5\"/>nt. Une p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te de va<span class=\"_ _5\"/>leur sur a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>st re<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e si</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>ons init<span class=\"_ _5\"/>iales qu<span class=\"_ _5\"/>i ont pr\u00e9<span class=\"_ _5\"/>valu au m<span class=\"_ _5\"/>oment d<span class=\"_ _5\"/>e la compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de la per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r ne sont p<span class=\"_ _5\"/>lus ren<span class=\"_ _5\"/>contr\u00e9<span class=\"_ _5\"/>es<span class=\"_ _5\"/>, et uniqu<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t dans</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la me<span class=\"_ _5\"/>sure o\u00f9 l<span class=\"_ _5\"/>a valeur co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>ble de l\u2019act<span class=\"_ _5\"/>if ne d\u00e9<span class=\"_ _5\"/>pass<span class=\"_ _5\"/>e pas le mo<span class=\"_ _5\"/>ntant q<span class=\"_ _5\"/>ui ser<span class=\"_ _5\"/>ait app<span class=\"_ _5\"/>aru, a<span class=\"_ _5\"/>pr\u00e8s a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s, si au<span class=\"_ _5\"/>cune p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te de vale<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u2019<span class=\"_ _d\"/>ava<span class=\"_ _5\"/>it \u00e9t\u00e9 pr<span class=\"_ _5\"/>ise en co<span class=\"_ _5\"/>mpte.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 612px; height: 350px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div><br/></div>\n<div class=\"t m0 x5 hb yf ff7 fs6 fc3 sc0 lse5 ws109\" style=\"z-index: 15;\">Stocks</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>tock<span class=\"_ _5\"/>s so<span class=\"_ _5\"/>nt \u00e9valu<span class=\"_ _5\"/>\u00e9s au mo<span class=\"_ _5\"/>ntant l<span class=\"_ _5\"/>e plus bas e<span class=\"_ _5\"/>ntre le<span class=\"_ _5\"/>ur co\u00fbt d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n ou \u00e0 leur v<span class=\"_ _5\"/>aleur ne<span class=\"_ _5\"/>tte d<span class=\"_ _5\"/>e r\u00e9alis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n \u00e0 la date du bila<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pr<span class=\"_ _5\"/>ix d\u2019acquis<span class=\"_ _5\"/>ition d<span class=\"_ _5\"/>es sto<span class=\"_ _5\"/>ck<span class=\"_ _5\"/>s des bie<span class=\"_ _5\"/>ns ach<span class=\"_ _5\"/>et\u00e9s e<span class=\"_ _5\"/>n vue de la r<span class=\"_ _5\"/>evente e<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9 par ap<span class=\"_ _5\"/>plic<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la m\u00e9th<span class=\"_ _5\"/>ode FI<span class=\"_ _5\"/>FO. Les s<span class=\"_ _5\"/>tock<span class=\"_ _5\"/>s de fai<span class=\"_ _5\"/>ble</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">imp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tance d<span class=\"_ _5\"/>ont la va<span class=\"_ _5\"/>leur et la co<span class=\"_ _5\"/>mposi<span class=\"_ _5\"/>tion re<span class=\"_ _5\"/>ste<span class=\"_ _5\"/>nt st<span class=\"_ _5\"/>ables d<span class=\"_ _5\"/>ans le temp<span class=\"_ _5\"/>s sont p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9s au b<span class=\"_ _5\"/>ilan po<span class=\"_ _5\"/>ur une vale<span class=\"_ _5\"/>ur fi<span class=\"_ _5\"/>xe.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le co\u00fb<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on des s<span class=\"_ _5\"/>tock<span class=\"_ _5\"/>s de pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inis comp<span class=\"_ _5\"/>rend to<span class=\"_ _5\"/>us les co\u00fb<span class=\"_ _5\"/>ts qui s<span class=\"_ _5\"/>ont n\u00e9<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>saire<span class=\"_ _5\"/>s pour a<span class=\"_ _5\"/>mene<span class=\"_ _5\"/>r le prod<span class=\"_ _5\"/>uit o\u00f9 il s<span class=\"_ _5\"/>e trou<span class=\"_ _5\"/>ve dans</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l\u2019\u00e9tat dan<span class=\"_ _5\"/>s leque<span class=\"_ _5\"/>l il se tr<span class=\"_ _5\"/>ouve, y co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s les co\u00fbt<span class=\"_ _5\"/>s de pr<span class=\"_ _5\"/>oduc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n indire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>s. L<span class=\"_ _5\"/>e prix d<span class=\"_ _5\"/>e revi<span class=\"_ _5\"/>ent des t<span class=\"_ _5\"/>imbre<span class=\"_ _5\"/>s inclu<span class=\"_ _5\"/>t les co\u00fbt<span class=\"_ _5\"/>s dire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>s et in<span class=\"_ _5\"/>direc<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pro<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>, \u00e0 l\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xclus<span class=\"_ _5\"/>ion des co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>runt e<span class=\"_ _5\"/>t des fr<span class=\"_ _5\"/>ais g\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>ux qui ne co<span class=\"_ _5\"/>ntrib<span class=\"_ _5\"/>uent pa<span class=\"_ _5\"/>s \u00e0 amen<span class=\"_ _5\"/>er le pro<span class=\"_ _5\"/>duit o\u00f9 il s<span class=\"_ _5\"/>e tro<span class=\"_ _5\"/>uve dans l\u2019\u00e9ta<span class=\"_ _5\"/>t dans</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">leq<span class=\"_ _5\"/>uel il se t<span class=\"_ _5\"/>rouve<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>\u2019alloca<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is fi<span class=\"_ _5\"/>xes de pr<span class=\"_ _5\"/>oduc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n sur le pr<span class=\"_ _5\"/>ix de re<span class=\"_ _5\"/>vient s<span class=\"_ _5\"/>e base s<span class=\"_ _5\"/>ur la cap<span class=\"_ _5\"/>acit\u00e9 no<span class=\"_ _5\"/>rmale d<span class=\"_ _5\"/>e prod<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion.</div>\n\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r est n<span class=\"_ _5\"/>\u00e9ces<span class=\"_ _5\"/>sair<span class=\"_ _5\"/>e si la vale<span class=\"_ _5\"/>ur de r\u00e9al<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ion net<span class=\"_ _5\"/>te d\u2019un \u00e9l<span class=\"_ _5\"/>\u00e9ment d<span class=\"_ _5\"/>e sto<span class=\"_ _5\"/>ck \u00e0 la date de cl<span class=\"_ _5\"/>\u00f4ture es<span class=\"_ _5\"/>t inf\u00e9<span class=\"_ _5\"/>rieur<span class=\"_ _5\"/>e au co\u00fbt<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 387px; height: 20px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 387px; height: 200px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y5a ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Provis<span class=\"_ _5\"/>ions li<span class=\"_ _5\"/>\u00e9es aux reven<span class=\"_ _5\"/>us et act<span class=\"_ _5\"/>ifs et pas<span class=\"_ _5\"/>sifs cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s diff\u00e9r<span class=\"_ _5\"/>\u00e9s cons<span class=\"_ _5\"/>titu<span class=\"_ _5\"/>ent la par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie des r<span class=\"_ _5\"/>evenus r<span class=\"_ _5\"/>e\u00e7us p<span class=\"_ _5\"/>endan<span class=\"_ _5\"/>t les p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>des f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>i\u00e8res a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>uelles o<span class=\"_ _5\"/>u pas<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s mais qui o<span class=\"_ _5\"/>nt tra<span class=\"_ _5\"/>it \u00e0 une</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">p\u00e9r<span class=\"_ _5\"/>iode f<span class=\"_ _5\"/>inanci\u00e8re ult\u00e9r<span class=\"_ _5\"/>ieure.</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>s sont la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie de<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us \u00e0 rece<span class=\"_ _5\"/>voir au cour<span class=\"_ _5\"/>s des e<span class=\"_ _5\"/>xerci<span class=\"_ _5\"/>ces f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers ult\u00e9<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>urs qui s<span class=\"_ _5\"/>e rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tent \u00e0 l'exe<span class=\"_ _5\"/>rcice en co<span class=\"_ _5\"/>urs</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ou au<span class=\"_ _5\"/>x exerc<span class=\"_ _5\"/>ices ant<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise le<span class=\"_ _5\"/>s avance<span class=\"_ _5\"/>s des cli<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s dans so<span class=\"_ _5\"/>n bilan e<span class=\"_ _5\"/>n tant qu<span class=\"_ _5\"/>e reven<span class=\"_ _5\"/>us diff\u00e9r<span class=\"_ _5\"/>\u00e9s et le<span class=\"_ _5\"/>s pr\u00e9<span class=\"_ _5\"/>sente e<span class=\"_ _5\"/>n tant qu<span class=\"_ _5\"/>e pass<span class=\"_ _5\"/>if contr<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tuel si</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'obliga<span class=\"_ _5\"/>tion de p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>for<span class=\"_ _5\"/>mance n'a pas en<span class=\"_ _5\"/>core \u00e9t\u00e9 s<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>faite<span class=\"_ _5\"/>. Les pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>act<span class=\"_ _5\"/>uel<span class=\"_ _5\"/>s sont pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt li\u00e9s a<span class=\"_ _5\"/>ux timb<span class=\"_ _5\"/>res<span class=\"_ _5\"/>, aux cr\u00e9<span class=\"_ _5\"/>dit<span class=\"_ _5\"/>s sur les</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mach<span class=\"_ _5\"/>ines \u00e0 a<span class=\"_ _5\"/>ffran<span class=\"_ _5\"/>chir<span class=\"_ _d\"/>, ve<span class=\"_ _5\"/>ndus mai<span class=\"_ _5\"/>s non en<span class=\"_ _5\"/>core util<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>ar les cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s \u00e0 la date du bi<span class=\"_ _5\"/>lan et \u00e0 la con<span class=\"_ _5\"/>trepa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie de SI<span class=\"_ _5\"/>EG pour laq<span class=\"_ _5\"/>uelle l'obli<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>forma<span class=\"_ _5\"/>nce n'<span class=\"_ _d\"/>a pa<span class=\"_ _5\"/>s \u00e9t\u00e9 rem<span class=\"_ _5\"/>plie.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise un ac<span class=\"_ _5\"/>tif co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>el apr<span class=\"_ _5\"/>\u00e8s avoir t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>f\u00e9r\u00e9 un b<span class=\"_ _5\"/>ien ou un s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice \u00e0 u<span class=\"_ _5\"/>n client av<span class=\"_ _5\"/>ant que ce<span class=\"_ _5\"/>lui \u2013 ci ne pa<span class=\"_ _5\"/>ie la contr<span class=\"_ _5\"/>epar<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e ou</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">avan<span class=\"_ _5\"/>t que le paie<span class=\"_ _5\"/>ment n<span class=\"_ _5\"/>e soit d\u00fb<span class=\"_ _5\"/>. Un droit in<span class=\"_ _5\"/>condit<span class=\"_ _5\"/>ionn<span class=\"_ _5\"/>el \u00e0 la cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e est p<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>ent\u00e9 comm<span class=\"_ _5\"/>e une cr\u00e9a<span class=\"_ _5\"/>nce comm<span class=\"_ _5\"/>erciale e<span class=\"_ _5\"/>t un droi<span class=\"_ _5\"/>t condi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>nnel e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>\u00e9sen<span class=\"_ _5\"/>t\u00e9 comme un r<span class=\"_ _5\"/>evenu cu<span class=\"_ _5\"/>mul\u00e9.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 132px; height: 245px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 132px; height: 950px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 lsa0 wsb3\" style=\"z-index: 15;\">Cr\u00e9ances</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s sont i<span class=\"_ _5\"/>nitiale<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>es \u00e0 leur j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur, et ult\u00e9r<span class=\"_ _5\"/>ieure<span class=\"_ _5\"/>ment \u00e0 le<span class=\"_ _5\"/>ur co\u00fbt am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ti, c\u2019es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire \u00e0 la val<span class=\"_ _5\"/>eur ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>le des f<span class=\"_ _5\"/>lux de</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">liqui<span class=\"_ _5\"/>dit\u00e9s \u00e0 re<span class=\"_ _5\"/>cevoir (s<span class=\"_ _5\"/>auf si l\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t de l\u2019actua<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t non s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if<span class=\"_ _5\"/>).</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise une c<span class=\"_ _5\"/>r\u00e9ance co<span class=\"_ _5\"/>mmerc<span class=\"_ _5\"/>iale lor<span class=\"_ _5\"/>squ'elle a un dr<span class=\"_ _5\"/>oit incon<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>nnel a<span class=\"_ _5\"/>u paiem<span class=\"_ _5\"/>ent d'une cont<span class=\"_ _5\"/>repa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie suite \u00e0 l<span class=\"_ _5\"/>a satis<span class=\"_ _5\"/>fac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n d'une</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">obligation de<span class=\"_ _d\"/> per<span class=\"_ _5\"/>formance.</div>\n\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise sur l'en<span class=\"_ _5\"/>semb<span class=\"_ _5\"/>le de se<span class=\"_ _5\"/>s cr\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s une pro<span class=\"_ _5\"/>visio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes sur c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s atte<span class=\"_ _5\"/>ndue<span class=\"_ _5\"/>s sur la bas<span class=\"_ _5\"/>e du mo<span class=\"_ _5\"/>d\u00e8le de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h7 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s sur cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>ues sur l<span class=\"_ _5\"/>a dur\u00e9e d<span class=\"_ _5\"/>e vie (\"<span class=\"ff5 ls4f ws5e\">EC<span class=\"_ _5\"/>L<span class=\"_ _3b\"/><span class=\"ff4 ls0 ws0\">\"). Com<span class=\"_ _5\"/>me les cr<span class=\"_ _5\"/>\u00e9ance<span class=\"_ _5\"/>s commer<span class=\"_ _5\"/>ciales n<span class=\"_ _5\"/>e contie<span class=\"_ _5\"/>nnen<span class=\"_ _5\"/>t pas de com<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>nte de f<span class=\"_ _5\"/>inancem<span class=\"_ _5\"/>ent </span></span></div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sign<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>ative<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t a choi<span class=\"_ _5\"/>si d'appliq<span class=\"_ _5\"/>uer l'appro<span class=\"_ _5\"/>che si<span class=\"_ _5\"/>mplif<span class=\"_ _5\"/>i\u00e9e p<span class=\"_ _5\"/>our cal<span class=\"_ _5\"/>culer le t<span class=\"_ _5\"/>aux de p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes de c<span class=\"_ _5\"/>r\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues e<span class=\"_ _5\"/>n utilis<span class=\"_ _5\"/>ant une m<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>ce de</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>, bas\u00e9<span class=\"_ _5\"/>e sur le<span class=\"_ _5\"/>s taux d<span class=\"_ _5\"/>e d\u00e9fa<span class=\"_ _5\"/>ut his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ues ada<span class=\"_ _5\"/>pt\u00e9s au<span class=\"_ _5\"/>x infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>ns ac<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>s et fu<span class=\"_ _5\"/>tures<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 897px; height: 65px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 897px; height: 185px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 897px; height: 185px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y8b ff5 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Frais d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>ats</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise com<span class=\"_ _5\"/>me ac<span class=\"_ _5\"/>tif les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s diff\u00e9re<span class=\"_ _5\"/>ntie<span class=\"_ _5\"/>ls po<span class=\"_ _5\"/>ur obten<span class=\"_ _5\"/>ir un contr<span class=\"_ _5\"/>at et po<span class=\"_ _5\"/>ur ex\u00e9<span class=\"_ _5\"/>cuter un co<span class=\"_ _5\"/>ntrat s<span class=\"_ _5\"/>i bpos<span class=\"_ _5\"/>t pr\u00e9v<span class=\"_ _5\"/>oit de le<span class=\"_ _5\"/>s r\u00e9cup<span class=\"_ _5\"/>\u00e9rer.</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Si le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s nor<span class=\"_ _5\"/>mes ne s<span class=\"_ _5\"/>ont pa<span class=\"_ _5\"/>s applic<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s, se<span class=\"_ _5\"/>uls le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s direc<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent li\u00e9<span class=\"_ _5\"/>s \u00e0 l'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>\u00e9cuti<span class=\"_ _5\"/>on d'un cont<span class=\"_ _5\"/>rat rel<span class=\"_ _5\"/>evant d<span class=\"_ _5\"/>e l'IFRS 1<span class=\"_ _5\"/>5 sont a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>iv\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019\u00e9valu<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e ces cri<span class=\"_ _5\"/>t\u00e8res n<span class=\"_ _5\"/>\u00e9ces<span class=\"_ _5\"/>site un j<span class=\"_ _5\"/>ugemen<span class=\"_ _5\"/>t de la dire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>iv\u00e9s s<span class=\"_ _5\"/>ont pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t li\u00e9s \u00e0 la mi<span class=\"_ _5\"/>se en pl<span class=\"_ _5\"/>ace et \u00e0 l'adapt<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des s<span class=\"_ _5\"/>yst\u00e8<span class=\"_ _5\"/>mes<span class=\"_ _5\"/>, \u00e0 la ges<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e proje<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>, \u00e0 la for<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>n et aux co<span class=\"_ _5\"/>m-</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mis<span class=\"_ _5\"/>sions d<span class=\"_ _5\"/>e vente p<span class=\"_ _5\"/>our les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ue et de f<span class=\"_ _5\"/>ulfi<span class=\"_ _5\"/>lment<span class=\"_ _5\"/>, ainsi qu<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ux se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e back \u2013 off<span class=\"_ _5\"/>ice, d<span class=\"_ _5\"/>e proxim<span class=\"_ _5\"/>it\u00e9 et comm<span class=\"_ _5\"/>odit\u00e9<span class=\"_ _5\"/>. Les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>s sur la dur\u00e9<span class=\"_ _5\"/>e pr\u00e9<span class=\"_ _5\"/>vue du con<span class=\"_ _5\"/>trat ave<span class=\"_ _5\"/>c le clie<span class=\"_ _5\"/>nt.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 732px; height: 140px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 732px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb yb ff5 fs6 fc3 sc0 ls51 ws61\" style=\"z-index: 15;\">Titres de p<span class=\"_ _d\"/>lacement</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>itre<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cement p<span class=\"_ _5\"/>euve<span class=\"_ _5\"/>nt \u00eatr<span class=\"_ _5\"/>e clas<span class=\"_ _5\"/>sifi<span class=\"_ _5\"/>\u00e9s, lo<span class=\"_ _5\"/>rs de le<span class=\"_ _5\"/>ur compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n initial<span class=\"_ _5\"/>e, comme \u00e9<span class=\"_ _5\"/>tant ul<span class=\"_ _5\"/>t\u00e9rie<span class=\"_ _5\"/>urem<span class=\"_ _5\"/>ent \u00e9va<span class=\"_ _5\"/>lu\u00e9s au co<span class=\"_ _5\"/>\u00fbt amor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>i, \u00e0</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur par le bia<span class=\"_ _5\"/>is des a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s \u00e9l\u00e9me<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>u r\u00e9sul<span class=\"_ _5\"/>tat glo<span class=\"_ _5\"/>bal (OCI) et \u00e0 la j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur par l<span class=\"_ _5\"/>e biais du com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s<span class=\"_ _5\"/>. La cla<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des t<span class=\"_ _5\"/>itre<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cement l<span class=\"_ _5\"/>ors de l<span class=\"_ _5\"/>a compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>ation in<span class=\"_ _5\"/>itiale d<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>d des c<span class=\"_ _5\"/>arac<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>iques d<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>act<span class=\"_ _5\"/>uels d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et du m<span class=\"_ _5\"/>od\u00e8l<span class=\"_ _5\"/>e d'<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t pour le<span class=\"_ _5\"/>ur ges<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t \u00e9va<span class=\"_ _5\"/>lue init<span class=\"_ _5\"/>ialeme<span class=\"_ _5\"/>nt un ac<span class=\"_ _5\"/>tif f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier \u00e0 sa ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur plus<span class=\"_ _5\"/>, dans le c<span class=\"_ _5\"/>as d'un ac<span class=\"_ _5\"/>tif</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er qui n'est pa<span class=\"_ _5\"/>s \u00e0 la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r par le biai<span class=\"_ _5\"/>s du compte de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s, les co<span class=\"_ _5\"/>\u00fbts d<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La c<span class=\"_ _5\"/>lass<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n et l'\u00e9valuat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s titre<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cemen<span class=\"_ _5\"/>t de bpos<span class=\"_ _5\"/>t so<span class=\"_ _5\"/>nt les sui<span class=\"_ _5\"/>vante<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les i<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e det<span class=\"_ _5\"/>te au co\u00fbt a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>ti p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers qui s<span class=\"_ _5\"/>ont d\u00e9<span class=\"_ _5\"/>tenus da<span class=\"_ _5\"/>ns le cad<span class=\"_ _5\"/>re d'un mod<span class=\"_ _5\"/>\u00e8le d'entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>se dont l'obj<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tif</div>\n<div class=\"t m0 x2a h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t de d\u00e9t<span class=\"_ _5\"/>enir les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers af<span class=\"_ _5\"/>in de co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>ter de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>ls qui r<span class=\"_ _5\"/>\u00e9pon<span class=\"_ _5\"/>dent au c<span class=\"_ _5\"/>rit\u00e8r<span class=\"_ _5\"/>e SPPI (Sole<span class=\"_ _5\"/>ly Paym<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s of</div>\n<div class=\"t m0 x2a h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prin<span class=\"_ _5\"/>cipal an<span class=\"_ _5\"/>d Inter<span class=\"_ _5\"/>est<span class=\"_ _5\"/>s).</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers \u00e0 l<span class=\"_ _5\"/>a FV<span class=\"_ _5\"/>PL (Fair Value th<span class=\"_ _5\"/>rough Pr<span class=\"_ _5\"/>ofit &amp; L<span class=\"_ _5\"/>oss) ne com<span class=\"_ _5\"/>prenn<span class=\"_ _5\"/>ent que d<span class=\"_ _5\"/>es ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s d\u00e9r<span class=\"_ _5\"/>iv\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les t<span class=\"_ _5\"/>itre<span class=\"_ _5\"/>s de place<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>ont sou<span class=\"_ _5\"/>mis \u00e0 une m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion de v<span class=\"_ _5\"/>aleur, appe<span class=\"_ _5\"/>l\u00e9e mo<span class=\"_ _5\"/>d\u00e8le de p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>due (ECL), qui exig<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de me<span class=\"_ _5\"/>sure<span class=\"_ _5\"/>r les pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s de cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>es. C<span class=\"_ _5\"/>es ECL so<span class=\"_ _5\"/>nt bas\u00e9<span class=\"_ _5\"/>es sur l<span class=\"_ _5\"/>a diff\u00e9r<span class=\"_ _5\"/>ence ent<span class=\"_ _5\"/>re les f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s dus con<span class=\"_ _5\"/>form<span class=\"_ _5\"/>\u00e9ment a<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>rat et to<span class=\"_ _5\"/>us les f<span class=\"_ _5\"/>lux de t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie que bp<span class=\"_ _5\"/>ost s'at<span class=\"_ _5\"/>tend \u00e0 re<span class=\"_ _5\"/>cevoir. Pour le<span class=\"_ _5\"/>s inst<span class=\"_ _5\"/>rum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de det<span class=\"_ _5\"/>te, l'ECL e<span class=\"_ _5\"/>st bas<span class=\"_ _5\"/>\u00e9e sur l'<span class=\"_ _5\"/>ECL \u00e0 12 mois<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'<span class=\"_ _5\"/>E<span class=\"_ _d\"/>CL \u00e0 1<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">moi<span class=\"_ _5\"/>s est l<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie de<span class=\"_ _5\"/>s ECL \u00e0 vie qui r<span class=\"_ _5\"/>\u00e9sulte d'\u00e9v\u00e9<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e d\u00e9fa<span class=\"_ _5\"/>illance s<span class=\"_ _5\"/>ur un ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er qui so<span class=\"_ _5\"/>nt pos<span class=\"_ _5\"/>sible<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s 12 moi<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la date d<span class=\"_ _5\"/>e public<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>. T<span class=\"_ _1\"/>ou<span class=\"_ _5\"/>tefois<span class=\"_ _5\"/>, lor<span class=\"_ _5\"/>squ'il y a eu un<span class=\"_ _5\"/>e augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion sign<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>ve du ris<span class=\"_ _5\"/>que de cr<span class=\"_ _5\"/>\u00e9dit de<span class=\"_ _5\"/>puis l'ori<span class=\"_ _5\"/>gine, la p<span class=\"_ _5\"/>rovis<span class=\"_ _5\"/>ion se<span class=\"_ _5\"/>ra bas<span class=\"_ _5\"/>\u00e9e</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur la d<span class=\"_ _5\"/>ur\u00e9e de v<span class=\"_ _5\"/>ie de l\u2019ECL<span class=\"_ _5\"/>. bp<span class=\"_ _5\"/>ost con<span class=\"_ _5\"/>sid\u00e8r<span class=\"_ _5\"/>e qu'un titr<span class=\"_ _5\"/>e de place<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>st en d<span class=\"_ _5\"/>\u00e9fau<span class=\"_ _5\"/>t (totalem<span class=\"_ _5\"/>ent ou pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ielle<span class=\"_ _5\"/>ment) lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue des in<span class=\"_ _5\"/>form<span class=\"_ _5\"/>ations</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">inter<span class=\"_ _5\"/>nes o<span class=\"_ _5\"/>u ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>es indi<span class=\"_ _5\"/>quent q<span class=\"_ _5\"/>u'il est p<span class=\"_ _5\"/>eu pro<span class=\"_ _5\"/>bable qu<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t re\u00e7o<span class=\"_ _5\"/>ive la tota<span class=\"_ _5\"/>lit\u00e9 de<span class=\"_ _5\"/>s monta<span class=\"_ _5\"/>nts co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>els e<span class=\"_ _5\"/>n cours e<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e l'ECL</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">appropri\u00e9e.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>chat<span class=\"_ _5\"/>s ou les v<span class=\"_ _5\"/>entes d'ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s et d\u00e9<span class=\"_ _5\"/>compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9s de m<span class=\"_ _5\"/>ani\u00e8re r<span class=\"_ _5\"/>\u00e9guli<span class=\"_ _5\"/>\u00e8re en ut<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>nt la compt<span class=\"_ _5\"/>abilit<span class=\"_ _5\"/>\u00e9 \u00e0 la date de</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e8g<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t. La j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s est d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9<span class=\"_ _5\"/>e par r\u00e9f\u00e9<span class=\"_ _5\"/>rence a<span class=\"_ _5\"/>ux pr<span class=\"_ _5\"/>ix publi<span class=\"_ _5\"/>\u00e9s sur un ma<span class=\"_ _5\"/>rch\u00e9 a<span class=\"_ _5\"/>ctif.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 327px; height: 380px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y5d ff7 fs6 fc3 sc0 ls1e ws6a\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r\u00e9sorerie et <span class=\"_ _d\"/>\u00e9quivalents de <span class=\"_ _d\"/>tr\u00e9sorerie</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te r<span class=\"_ _5\"/>ubriq<span class=\"_ _5\"/>ue inclu<span class=\"_ _5\"/>t les vale<span class=\"_ _5\"/>urs di<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>ibles e<span class=\"_ _5\"/>n cais<span class=\"_ _5\"/>se, en b<span class=\"_ _5\"/>anque<span class=\"_ _5\"/>, les vale<span class=\"_ _5\"/>urs \u00e0 l\u2019enc<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt, le<span class=\"_ _5\"/>s placem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me (avec une</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9ch<span class=\"_ _5\"/>\u00e9ance in<span class=\"_ _5\"/>itiale de 3 m<span class=\"_ _5\"/>ois au pl<span class=\"_ _5\"/>us)<span class=\"_ _d\"/>, tr<span class=\"_ _5\"/>\u00e8s liqui<span class=\"_ _5\"/>des<span class=\"_ _5\"/>, qui sont f<span class=\"_ _5\"/>acile<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>nver<span class=\"_ _5\"/>tible<span class=\"_ _5\"/>s en un mo<span class=\"_ _5\"/>ntant co<span class=\"_ _5\"/>nnu de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e, et qui s<span class=\"_ _5\"/>ont so<span class=\"_ _5\"/>umis \u00e0 un</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ris<span class=\"_ _5\"/>que n\u00e9<span class=\"_ _5\"/>gligeab<span class=\"_ _5\"/>le de chan<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le c<span class=\"_ _5\"/>adre d<span class=\"_ _5\"/>e la d\u00e9te<span class=\"_ _5\"/>rminat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s, l<span class=\"_ _5\"/>a tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie et le<span class=\"_ _5\"/>s \u00e9qui<span class=\"_ _5\"/>valent<span class=\"_ _5\"/>s de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>rer<span class=\"_ _5\"/>ie consis<span class=\"_ _5\"/>tent e<span class=\"_ _5\"/>n les liqu<span class=\"_ _5\"/>idit\u00e9s e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les d<span class=\"_ _5\"/>\u00e9p\u00f4t<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me, com<span class=\"_ _5\"/>me d\u00e9f<span class=\"_ _5\"/>ini pl<span class=\"_ _5\"/>us haut<span class=\"_ _5\"/>, net<span class=\"_ _5\"/>s des d<span class=\"_ _5\"/>\u00e9couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ba<span class=\"_ _5\"/>ncai<span class=\"_ _5\"/>res.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 192px; height: 125px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 192px; height: 125px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 192px; height: 890px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls36 ws3e\" style=\"z-index: 15;\">Capital</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">Les a<span class=\"_ _d\"/>ctions or<span class=\"_ _d\"/>dina<span class=\"_ _d\"/>ires<span class=\"_ _d\"/> sont c<span class=\"_ _d\"/>lass\u00e9es sou<span class=\"_ _d\"/>s la<span class=\"_ _d\"/> rubrique<span class=\"_ _1\"/> \u201ccapita<span class=\"_ _d\"/>l sousc<span class=\"_ _d\"/>rit\u201d<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions pr<span class=\"_ _5\"/>opre<span class=\"_ _5\"/>s sont d\u00e9<span class=\"_ _5\"/>duite<span class=\"_ _5\"/>s des fo<span class=\"_ _5\"/>nds pro<span class=\"_ _5\"/>pres<span class=\"_ _5\"/>. Les m<span class=\"_ _5\"/>ouve<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s sur ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns prop<span class=\"_ _5\"/>res n\u2019affec<span class=\"_ _5\"/>tent p<span class=\"_ _5\"/>as le compte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">Les a<span class=\"_ _d\"/>utres r<span class=\"_ _d\"/>\u00e9ser<span class=\"_ _5\"/>v<span class=\"_ _d\"/>es engl<span class=\"_ _d\"/>obent<span class=\"_ _d\"/> les r<span class=\"_ _d\"/>\u00e9sulta<span class=\"_ _d\"/>ts des ex<span class=\"_ _d\"/>ercic<span class=\"_ _d\"/>es ant<span class=\"_ _d\"/>\u00e9rieurs,<span class=\"_ _d\"/> les r<span class=\"_ _d\"/>\u00e9ser<span class=\"_ _5\"/>ves<span class=\"_ _d\"/> l\u00e9ga<span class=\"_ _d\"/>les et<span class=\"_ _d\"/> les r<span class=\"_ _d\"/>\u00e9ser<span class=\"_ _5\"/>ves<span class=\"_ _d\"/> con<span class=\"_ _d\"/>solid\u00e9es.</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats r<span class=\"_ _5\"/>epor<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>s inclu<span class=\"_ _5\"/>ent le r\u00e9<span class=\"_ _5\"/>sultat d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>exe<span class=\"_ _5\"/>rcice e<span class=\"_ _5\"/>n cours com<span class=\"_ _5\"/>me men<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>\u00e9 dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 942px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb yee ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Avant<span class=\"_ _5\"/>ages au per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el</div>\n<div class=\"t m0 x5 h7 y8a ff7 fs3 fc2 sc0 ls0 ws4a\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s <span class=\"_ _d\"/>\u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les av<span class=\"_ _5\"/>anta<span class=\"_ _5\"/>ges \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s lor<span class=\"_ _5\"/>squ\u2019un e<span class=\"_ _5\"/>mploy\u00e9 a re<span class=\"_ _5\"/>ndu de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces \u00e0 bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>. Les ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s non pay\u00e9<span class=\"_ _5\"/>s \u00e0 la date de cl<span class=\"_ _5\"/>\u00f4ture</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t repr<span class=\"_ _5\"/>is sou<span class=\"_ _5\"/>s la rub<span class=\"_ _5\"/>rique \u201c<span class=\"_ _5\"/>Det<span class=\"_ _5\"/>tes com<span class=\"_ _5\"/>mercia<span class=\"_ _5\"/>les et a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes\u201d<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h7 y8e ff7 fs3 fc2 sc0 ls0 ws4a\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s <span class=\"_ _d\"/>p<span class=\"_ _5\"/>ost\u00e9<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>urs \u00e0 l\u2019<span class=\"_ _d\"/>em<span class=\"_ _5\"/>plo<span class=\"_ _5\"/>i <span class=\"_ _d\"/></div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les av<span class=\"_ _5\"/>anta<span class=\"_ _5\"/>ges pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s \u00e0 l\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>loi font l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bjet d\u2019une \u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle e<span class=\"_ _5\"/>t sont p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>s (sous d\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du plan) dans l<span class=\"_ _5\"/>a</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">me<span class=\"_ _5\"/>sure o\u00f9 bp<span class=\"_ _5\"/>ost a u<span class=\"_ _5\"/>ne oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>enco<span class=\"_ _5\"/>urir de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s rela<span class=\"_ _5\"/>tifs \u00e0 ce<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te oblig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n peut \u00ea<span class=\"_ _5\"/>tre l\u00e9g<span class=\"_ _5\"/>ale, cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle, ou con<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>e (\u201cdroit<span class=\"_ _5\"/>s conf\u00e9r<span class=\"_ _5\"/>\u00e9s\u201d sur b<span class=\"_ _5\"/>ase d\u2019une p<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>que pas<span class=\"_ _5\"/>s\u00e9<span class=\"_ _5\"/>e<span class=\"_ _d\"/>).</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En app<span class=\"_ _5\"/>licat<span class=\"_ _5\"/>ion de ce<span class=\"_ _5\"/>s princ<span class=\"_ _5\"/>ipes<span class=\"_ _5\"/>, une pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>n (calcul\u00e9<span class=\"_ _5\"/>e selo<span class=\"_ _5\"/>n une m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e ac<span class=\"_ _5\"/>tuari<span class=\"_ _5\"/>elle f<span class=\"_ _5\"/>ix\u00e9e pa<span class=\"_ _5\"/>r les nor<span class=\"_ _5\"/>mes I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9) est co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>itu\u00e9<span class=\"_ _5\"/>e dans le</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ca<span class=\"_ _5\"/>dre des av<span class=\"_ _5\"/>antag<span class=\"_ _5\"/>es pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s \u00e0 l\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>loi, en v<span class=\"_ _5\"/>ue de couv<span class=\"_ _5\"/>rir<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>les co<span class=\"_ _5\"/>\u00fbts f<span class=\"_ _5\"/>utur<span class=\"_ _5\"/>s relat<span class=\"_ _5\"/>ifs au<span class=\"_ _5\"/>x retr<span class=\"_ _5\"/>ait\u00e9<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>uels (<span class=\"_ _5\"/>provis<span class=\"_ _5\"/>ion rep<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>nt 100 % de<span class=\"_ _5\"/>s futur<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>s de ces r<span class=\"_ _5\"/>etra<span class=\"_ _5\"/>it\u00e9s) ;</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>les co<span class=\"_ _5\"/>\u00fbts f<span class=\"_ _5\"/>utur<span class=\"_ _5\"/>s des re<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>it\u00e9s po<span class=\"_ _5\"/>tentie<span class=\"_ _5\"/>ls, e<span class=\"_ _5\"/>st<span class=\"_ _5\"/>im\u00e9s s<span class=\"_ _5\"/>ur base d<span class=\"_ _5\"/>es emp<span class=\"_ _5\"/>loy\u00e9s ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt en se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice et te<span class=\"_ _5\"/>nant comp<span class=\"_ _5\"/>te du ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice accum<span class=\"_ _5\"/>ul\u00e9 de</div>\n<div class=\"t m0 x2a h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ces e<span class=\"_ _5\"/>mploy\u00e9<span class=\"_ _5\"/>s \u00e0 chaque d<span class=\"_ _5\"/>ate de cl\u00f4tu<span class=\"_ _5\"/>re et de la p<span class=\"_ _5\"/>robab<span class=\"_ _5\"/>ilit\u00e9 que le p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l atte<span class=\"_ _5\"/>igne l\u2019\u00e2ge vo<span class=\"_ _5\"/>ulu pour o<span class=\"_ _5\"/>btenir le<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages (l<span class=\"_ _5\"/>a provi<span class=\"_ _5\"/>sion es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x2a h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cons<span class=\"_ _5\"/>titu<span class=\"_ _5\"/>\u00e9e pro<span class=\"_ _5\"/>gres<span class=\"_ _5\"/>sive<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>, au fur e<span class=\"_ _5\"/>t \u00e0 mesu<span class=\"_ _5\"/>re que le<span class=\"_ _5\"/>s membr<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel av<span class=\"_ _5\"/>ancent d<span class=\"_ _5\"/>ans leur c<span class=\"_ _5\"/>arr<span class=\"_ _5\"/>i\u00e8re p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lle).</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>\u00e9\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>ns, com<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es de g<span class=\"_ _5\"/>ains et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tua<span class=\"_ _5\"/>riel<span class=\"_ _5\"/>s sont d<span class=\"_ _5\"/>irec<span class=\"_ _5\"/>teme<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9es d<span class=\"_ _5\"/>ans le bila<span class=\"_ _5\"/>n avec un d\u00e9<span class=\"_ _5\"/>bit ou un c<span class=\"_ _5\"/>r\u00e9dit co<span class=\"_ _5\"/>rre<span class=\"_ _5\"/>s-</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pon<span class=\"_ _5\"/>dant \u00e0 tr<span class=\"_ _5\"/>aver<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res \u00e9l<span class=\"_ _5\"/>\u00e9ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>at global d<span class=\"_ _5\"/>ans la p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de dura<span class=\"_ _5\"/>nt laque<span class=\"_ _5\"/>lle elle<span class=\"_ _5\"/>s se pro<span class=\"_ _5\"/>duis<span class=\"_ _5\"/>ent. L<span class=\"_ _5\"/>es r\u00e9\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ions n<span class=\"_ _5\"/>e sont pa<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rec<span class=\"_ _5\"/>lass<span class=\"_ _5\"/>\u00e9e<span class=\"_ _5\"/>s dans le com<span class=\"_ _5\"/>pte de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s dans l<span class=\"_ _5\"/>es p\u00e9r<span class=\"_ _5\"/>iod<span class=\"_ _5\"/>es ult\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>con<span class=\"_ _5\"/>cerna<span class=\"_ _5\"/>nt le tau<span class=\"_ _5\"/>x d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on, le ta<span class=\"_ _5\"/>ux de mo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>alit\u00e9, l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avanta<span class=\"_ _5\"/>ges fu<span class=\"_ _5\"/>turs<span class=\"_ _5\"/>, l\u2019inf<span class=\"_ _5\"/>latio<span class=\"_ _5\"/>n, etc<span class=\"_ _5\"/>.) sont</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s pour \u00e9<span class=\"_ _5\"/>value<span class=\"_ _5\"/>r les ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons li\u00e9<span class=\"_ _5\"/>es aux a<span class=\"_ _5\"/>vanta<span class=\"_ _5\"/>ges au pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>, confor<span class=\"_ _5\"/>m\u00e9m<span class=\"_ _5\"/>ent \u00e0 la no<span class=\"_ _5\"/>rme I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9. Des ga<span class=\"_ _5\"/>ins et pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s appa<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>nt in\u00e9v<span class=\"_ _5\"/>itab<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t, r\u00e9<span class=\"_ _5\"/>sultan<span class=\"_ _5\"/>t (<span class=\"_ _d\"/>1) des v<span class=\"_ _5\"/>ariat<span class=\"_ _5\"/>ions da<span class=\"_ _5\"/>ns les hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>uarie<span class=\"_ _5\"/>lles d\u2019un e<span class=\"_ _5\"/>xercice \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>utre, e<span class=\"_ _5\"/>t (2) des \u00e9<span class=\"_ _5\"/>car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s entre l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9e<span class=\"_ _5\"/>ls et l<span class=\"_ _5\"/>es hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses a<span class=\"_ _5\"/>ctua<span class=\"_ _5\"/>riell<span class=\"_ _5\"/>es util<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion IA<span class=\"_ _5\"/>S 19.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ca<span class=\"_ _5\"/>lcul de l\u2019oblig<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9 suiv<span class=\"_ _5\"/>ant la m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>de des un<span class=\"_ _5\"/>it\u00e9s de c<span class=\"_ _5\"/>r\u00e9dit p<span class=\"_ _5\"/>rojet\u00e9<span class=\"_ _5\"/>es<span class=\"_ _5\"/>. Chaqu<span class=\"_ _5\"/>e ann\u00e9e d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice conf\u00e8r<span class=\"_ _5\"/>e le droit \u00e0 u<span class=\"_ _5\"/>ne unit\u00e9</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de cr<span class=\"_ _5\"/>\u00e9dit sup<span class=\"_ _5\"/>pl\u00e9me<span class=\"_ _5\"/>ntair<span class=\"_ _5\"/>e \u00e0 pren<span class=\"_ _5\"/>dre en con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n lors de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xerc<span class=\"_ _5\"/>ice d\u2019<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>aluati<span class=\"_ _5\"/>on des av<span class=\"_ _5\"/>antage<span class=\"_ _5\"/>s et ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons y aff\u00e9<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>. Le ta<span class=\"_ _5\"/>ux d\u2019actu<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lis<span class=\"_ _5\"/>ation u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9 corre<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>d au ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt d\u2019<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons d\u2019entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses de h<span class=\"_ _5\"/>aute qual<span class=\"_ _5\"/>it\u00e9 ou sur ba<span class=\"_ _5\"/>se d\u2019oblig<span class=\"_ _5\"/>ations g<span class=\"_ _5\"/>ouver<span class=\"_ _5\"/>nem<span class=\"_ _5\"/>ental<span class=\"_ _5\"/>es avec u<span class=\"_ _5\"/>ne</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">matur<span class=\"_ _5\"/>it\u00e9 simi<span class=\"_ _5\"/>laire \u00e0 cell<span class=\"_ _5\"/>e de l\u2019avantag<span class=\"_ _5\"/>e en ques<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>lans b<span class=\"_ _5\"/>elges \u00e0 cot<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>es avec u<span class=\"_ _5\"/>n rend<span class=\"_ _5\"/>ement l<span class=\"_ _5\"/>\u00e9gal min<span class=\"_ _5\"/>imum gar<span class=\"_ _5\"/>anti s<span class=\"_ _5\"/>ont \u00e9va<span class=\"_ _5\"/>lu\u00e9s s<span class=\"_ _5\"/>elon la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de de<span class=\"_ _5\"/>s unit\u00e9s d<span class=\"_ _5\"/>e cr\u00e9di<span class=\"_ _5\"/>t proje<span class=\"_ _5\"/>t\u00e9es</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">san<span class=\"_ _5\"/>s proje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s prim<span class=\"_ _5\"/>es fut<span class=\"_ _5\"/>ures<span class=\"_ _5\"/>. \u00c9tant do<span class=\"_ _5\"/>nn\u00e9 que le<span class=\"_ _5\"/>s plan<span class=\"_ _5\"/>s n<span class=\"_ _d\"/>'accor<span class=\"_ _5\"/>dent pas d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s qui entr<span class=\"_ _5\"/>a\u00eene<span class=\"_ _5\"/>ront un ni<span class=\"_ _5\"/>veau d'avant<span class=\"_ _5\"/>ages su<span class=\"_ _5\"/>bs-</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>ment p<span class=\"_ _5\"/>lus \u00e9lev<span class=\"_ _5\"/>\u00e9 en rais<span class=\"_ _5\"/>on du s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice de l'em<span class=\"_ _5\"/>ploy\u00e9 au cour<span class=\"_ _5\"/>s des a<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s ult\u00e9r<span class=\"_ _5\"/>ieure<span class=\"_ _5\"/>s, c'es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire que l<span class=\"_ _5\"/>es contr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ions n\u2019augme<span class=\"_ _5\"/>n-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tent p<span class=\"_ _5\"/>as avec l\u2019\u00e2ge, l<span class=\"_ _5\"/>e prin<span class=\"_ _5\"/>cipe de ba<span class=\"_ _5\"/>se lin<span class=\"_ _5\"/>\u00e9aire n'est pa<span class=\"_ _5\"/>s appli<span class=\"_ _5\"/>cable<span class=\"_ _5\"/>. La m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>ologi<span class=\"_ _5\"/>e appliq<span class=\"_ _5\"/>u\u00e9e sig<span class=\"_ _5\"/>nifi<span class=\"_ _5\"/>e que les r<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ves l\u00e9g<span class=\"_ _5\"/>ales min<span class=\"_ _5\"/>imales</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>les so<span class=\"_ _5\"/>nt proje<span class=\"_ _5\"/>t\u00e9es e<span class=\"_ _5\"/>n ver<span class=\"_ _5\"/>tu de la l<span class=\"_ _5\"/>\u00e9gisl<span class=\"_ _5\"/>ation b<span class=\"_ _5\"/>elge jus<span class=\"_ _5\"/>qu'\u00e0 l'\u00e2ge pr\u00e9<span class=\"_ _5\"/>sum\u00e9 de la r<span class=\"_ _5\"/>etr<span class=\"_ _5\"/>aite et s<span class=\"_ _5\"/>ont ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>en r<span class=\"_ _5\"/>esp<span class=\"_ _5\"/>ect<span class=\"_ _5\"/>ant la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cale / ho<span class=\"_ _5\"/>rizon<span class=\"_ _5\"/>tale et l<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x minimum<span class=\"_ _5\"/>s l\u00e9gau<span class=\"_ _5\"/>x pas<span class=\"_ _5\"/>s\u00e9s cr<span class=\"_ _5\"/>\u00e9dit\u00e9<span class=\"_ _5\"/>s sur les r<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ves l\u00e9g<span class=\"_ _5\"/>ales min<span class=\"_ _5\"/>imales). Le par<span class=\"_ _5\"/>agr<span class=\"_ _5\"/>aphe 11<span class=\"_ _5\"/>5 de la no<span class=\"_ _5\"/>rme I<span class=\"_ _5\"/>AS</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">19 a \u00e9t<span class=\"_ _5\"/>\u00e9 appliq<span class=\"_ _5\"/>u\u00e9 car le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce colle<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ve sont q<span class=\"_ _5\"/>ualif<span class=\"_ _5\"/>i\u00e9s de co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce. L<span class=\"_ _1\"/>'obliga<span class=\"_ _5\"/>tion in<span class=\"_ _5\"/>divid<span class=\"_ _5\"/>uelle c<span class=\"_ _5\"/>alcul\u00e9<span class=\"_ _5\"/>e au titr<span class=\"_ _5\"/>e des</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pre<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>inies n<span class=\"_ _5\"/>e peut p<span class=\"_ _5\"/>as \u00eatr<span class=\"_ _5\"/>e inf\u00e9r<span class=\"_ _5\"/>ieure \u00e0 la j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur ind<span class=\"_ _5\"/>ividu<span class=\"_ _5\"/>elle de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs du r<span class=\"_ _5\"/>\u00e9gime c<span class=\"_ _5\"/>ar en ve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>u de la l\u00e9g<span class=\"_ _5\"/>islati<span class=\"_ _5\"/>on bel<span class=\"_ _5\"/>ge, il ne pe<span class=\"_ _5\"/>ut</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">y avoir d<span class=\"_ _5\"/>e compe<span class=\"_ _5\"/>nsati<span class=\"_ _5\"/>on ent<span class=\"_ _5\"/>re une pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nne et un<span class=\"_ _5\"/>e autre<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices co<span class=\"_ _5\"/>mpre<span class=\"_ _5\"/>nnent le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s pass<span class=\"_ _5\"/>\u00e9s<span class=\"_ _5\"/>, et les g<span class=\"_ _5\"/>ains et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes as<span class=\"_ _5\"/>so<span class=\"_ _5\"/>ci\u00e9s au<span class=\"_ _5\"/>x r\u00e9du<span class=\"_ _5\"/>c-</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">tions et liquidations ponctu<span class=\"_ _5\"/>elles.</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9s r\u00e9<span class=\"_ _5\"/>sultan<span class=\"_ _5\"/>t de l\u2019amend<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>\u2019un plan ou, d<span class=\"_ _5\"/>\u2019une r\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion dev<span class=\"_ _5\"/>raie<span class=\"_ _5\"/>nt \u00eatre co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9s \u00e0 une date p<span class=\"_ _5\"/>lus pr\u00e9<span class=\"_ _5\"/>coce</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lor<span class=\"_ _5\"/>sque (1) le plan d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ame<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent ou la r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n a lieu ; et (2) l\u2019enti<span class=\"_ _5\"/>t\u00e9 recon<span class=\"_ _5\"/>na\u00eet le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s de re<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>turat<span class=\"_ _5\"/>ion en con<span class=\"_ _5\"/>form<span class=\"_ _5\"/>it\u00e9 avec I<span class=\"_ _5\"/>AS 37<span class=\"_ _d\"/>. Le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">co\u00fb<span class=\"_ _d\"/>ts des services<span class=\"_ _d\"/> pass\u00e9s son<span class=\"_ _d\"/>t co<span class=\"_ _d\"/>mptabi<span class=\"_ _d\"/>lis\u00e9s<span class=\"_ _d\"/> dans<span class=\"_ _d\"/> le c<span class=\"_ _d\"/>ompt<span class=\"_ _d\"/>e de<span class=\"_ _d\"/> r\u00e9sul<span class=\"_ _d\"/>tats.</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat n<span class=\"_ _5\"/>et es<span class=\"_ _5\"/>t calc<span class=\"_ _5\"/>ul\u00e9 en app<span class=\"_ _5\"/>liquant l<span class=\"_ _5\"/>e taux d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion au<span class=\"_ _5\"/>x pass<span class=\"_ _5\"/>ifs et a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs de<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages s<span class=\"_ _5\"/>ociau<span class=\"_ _5\"/>x d\u00e9f<span class=\"_ _5\"/>inis. L<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s d\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s sont</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">aussi comptabilis\u00e9s dans le c<span class=\"_ _d\"/>ompte de r\u00e9sultats<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les av<span class=\"_ _5\"/>oirs du p<span class=\"_ _5\"/>lan li\u00e9<span class=\"_ _5\"/>s aux avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s post<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>urs \u00e0 l\u2019emplo<span class=\"_ _5\"/>i sont \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur \u00e0 la f<span class=\"_ _5\"/>in de la p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>e, suiv<span class=\"_ _5\"/>ant la d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>tion \u00e9<span class=\"_ _5\"/>tabli<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans I<span class=\"_ _5\"/>FRS 13<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 72px; height: 845px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 72px; height: 1010px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h7 ya5 ff7 fs3 fc2 sc0 ls0 ws4a\" style=\"z-index: 15;\">Les au<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s <span class=\"_ _d\"/>ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s \u00e0 <span class=\"_ _d\"/>lo<span class=\"_ _5\"/>ng term<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e sont \u00e9v<span class=\"_ _5\"/>alu\u00e9<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>nt une m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n ac<span class=\"_ _5\"/>tuari<span class=\"_ _5\"/>elle et de<span class=\"_ _5\"/>s prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>s sont con<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>tu\u00e9e<span class=\"_ _5\"/>s \u00e0 cet eff<span class=\"_ _5\"/>et</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(sou<span class=\"_ _5\"/>s d\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s du pla<span class=\"_ _5\"/>n<span class=\"_ _d\"/>) po<span class=\"_ _5\"/>ur aut<span class=\"_ _5\"/>ant que bp<span class=\"_ _5\"/>ost a<span class=\"_ _5\"/>it une obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de s\u2019expo<span class=\"_ _5\"/>ser au<span class=\"_ _5\"/>x co\u00fbt<span class=\"_ _5\"/>s en lien a<span class=\"_ _5\"/>vec ces av<span class=\"_ _5\"/>antage<span class=\"_ _5\"/>s. Ce<span class=\"_ _5\"/>tte o<span class=\"_ _5\"/>bliga<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n peut \u00ea<span class=\"_ _5\"/>tre l\u00e9g<span class=\"_ _5\"/>ale, con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle ou cons<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ive (\u201cdroi<span class=\"_ _5\"/>ts con<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s\u201d sur bas<span class=\"_ _5\"/>e de pr<span class=\"_ _5\"/>atique<span class=\"_ _5\"/>s du pas<span class=\"_ _5\"/>s\u00e9).</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pr<span class=\"_ _5\"/>ovisi<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>titu\u00e9<span class=\"_ _5\"/>e pour d<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s \u00e0 long ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur couv<span class=\"_ _5\"/>rir les av<span class=\"_ _5\"/>antag<span class=\"_ _5\"/>es qui ne s<span class=\"_ _5\"/>eron<span class=\"_ _5\"/>t pay\u00e9s qu<span class=\"_ _5\"/>e dans plus<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ann<span class=\"_ _5\"/>\u00e9es<span class=\"_ _5\"/>, mais qui s<span class=\"_ _5\"/>ont d\u00e9j<span class=\"_ _5\"/>\u00e0 m\u00e9ri<span class=\"_ _5\"/>t\u00e9s par l\u2019empl<span class=\"_ _5\"/>oy\u00e9 sur bas<span class=\"_ _5\"/>e de so<span class=\"_ _5\"/>n ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce rendu<span class=\"_ _5\"/>. Ici aus<span class=\"_ _5\"/>si, un<span class=\"_ _5\"/>e provi<span class=\"_ _5\"/>sion es<span class=\"_ _5\"/>t cal<span class=\"_ _5\"/>cul\u00e9e su<span class=\"_ _5\"/>ivant un<span class=\"_ _5\"/>e m\u00e9t<span class=\"_ _5\"/>hode</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle imp<span class=\"_ _5\"/>os\u00e9<span class=\"_ _5\"/>e par la no<span class=\"_ _5\"/>rme I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9.</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t calc<span class=\"_ _5\"/>ul\u00e9e comm<span class=\"_ _5\"/>e suit<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hd y8e2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Eval<span class=\"_ _5\"/>uatio<span class=\"_ _5\"/>n ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle d<span class=\"_ _5\"/>e l\u2019oblig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n sous I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9</div>\n<div class=\"t m0 x7 hd y8e3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2013  <span class=\"_ _45\"> </span>Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs d<span class=\"_ _5\"/>u plan</div>\n<div class=\"t m0 x7 hd y8e4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">= <span class=\"_ _8c\"> </span>Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n \u00e0 cons<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>uer (ou ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>f \u00e0 reco<span class=\"_ _5\"/>nna\u00ee<span class=\"_ _5\"/>tre si l<span class=\"_ _5\"/>a just<span class=\"_ _5\"/>e vale<span class=\"_ _5\"/>ur des av<span class=\"_ _5\"/>oirs d<span class=\"_ _5\"/>u plan e<span class=\"_ _5\"/>st su<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>e).</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>\u00e9\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>ns, en c<span class=\"_ _5\"/>e compr<span class=\"_ _5\"/>is les ga<span class=\"_ _5\"/>ins et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s, so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9es i<span class=\"_ _5\"/>mm\u00e9dia<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t en prof<span class=\"_ _5\"/>it ou e<span class=\"_ _5\"/>n per<span class=\"_ _5\"/>te dan<span class=\"_ _5\"/>s la p\u00e9r<span class=\"_ _5\"/>iode</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">m\u00eame.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>con<span class=\"_ _5\"/>cerna<span class=\"_ _5\"/>nt le tau<span class=\"_ _5\"/>x d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on, le ta<span class=\"_ _5\"/>ux de mo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>alit\u00e9, l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avanta<span class=\"_ _5\"/>ges fu<span class=\"_ _5\"/>turs<span class=\"_ _5\"/>, l\u2019inf<span class=\"_ _5\"/>latio<span class=\"_ _5\"/>n, etc<span class=\"_ _5\"/>.) sont</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s pour \u00e9<span class=\"_ _5\"/>value<span class=\"_ _5\"/>r les ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons li\u00e9<span class=\"_ _5\"/>es aux a<span class=\"_ _5\"/>vanta<span class=\"_ _5\"/>ges au pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>, confor<span class=\"_ _5\"/>m\u00e9m<span class=\"_ _5\"/>ent \u00e0 la no<span class=\"_ _5\"/>rme I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9. Des ga<span class=\"_ _5\"/>ins et pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s appa<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>nt in\u00e9v<span class=\"_ _5\"/>itab<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t, r\u00e9<span class=\"_ _5\"/>sultan<span class=\"_ _5\"/>t (<span class=\"_ _d\"/>1) des v<span class=\"_ _5\"/>ariat<span class=\"_ _5\"/>ions da<span class=\"_ _5\"/>ns les hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>uarie<span class=\"_ _5\"/>lles d\u2019un e<span class=\"_ _5\"/>xercice \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>utre, e<span class=\"_ _5\"/>t (2) des \u00e9<span class=\"_ _5\"/>car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s entre l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9e<span class=\"_ _5\"/>ls et l<span class=\"_ _5\"/>es hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses a<span class=\"_ _5\"/>ctua<span class=\"_ _5\"/>riell<span class=\"_ _5\"/>es util<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion IA<span class=\"_ _5\"/>S 19. Ce<span class=\"_ _5\"/>s gains e<span class=\"_ _5\"/>t per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>uarie<span class=\"_ _5\"/>ls s<span class=\"_ _5\"/>ont compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9s dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t dans le</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>te de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ca<span class=\"_ _5\"/>lcul de l\u2019oblig<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9 suiv<span class=\"_ _5\"/>ant la m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>de des un<span class=\"_ _5\"/>it\u00e9s de c<span class=\"_ _5\"/>r\u00e9dit p<span class=\"_ _5\"/>rojet\u00e9<span class=\"_ _5\"/>es<span class=\"_ _5\"/>. Chaqu<span class=\"_ _5\"/>e ann\u00e9e d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice conf\u00e8r<span class=\"_ _5\"/>e le droit \u00e0 u<span class=\"_ _5\"/>n cr\u00e9di<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">unit<span class=\"_ _5\"/>aire sup<span class=\"_ _5\"/>pl\u00e9me<span class=\"_ _5\"/>ntair<span class=\"_ _5\"/>e \u00e0 pren<span class=\"_ _5\"/>dre en con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n lors de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xerci<span class=\"_ _5\"/>ce d\u2019<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n des av<span class=\"_ _5\"/>antage<span class=\"_ _5\"/>s et ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons y aff\u00e9<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>. Le tau<span class=\"_ _5\"/>x d\u2019actu<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lis<span class=\"_ _5\"/>ation u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9 corre<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>d au ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt d\u2019<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons d\u2019entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses de h<span class=\"_ _5\"/>aute qual<span class=\"_ _5\"/>it\u00e9 ou sur ba<span class=\"_ _5\"/>se d\u2019oblig<span class=\"_ _5\"/>ations g<span class=\"_ _5\"/>ouver<span class=\"_ _5\"/>nem<span class=\"_ _5\"/>ental<span class=\"_ _5\"/>es avec u<span class=\"_ _5\"/>ne</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">matur<span class=\"_ _5\"/>it\u00e9 simi<span class=\"_ _5\"/>laire \u00e0 cell<span class=\"_ _5\"/>e de l\u2019avantag<span class=\"_ _5\"/>e en ques<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices co<span class=\"_ _5\"/>mpre<span class=\"_ _5\"/>nnent le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice pa<span class=\"_ _5\"/>ss\u00e9<span class=\"_ _5\"/>s, e<span class=\"_ _5\"/>t les gai<span class=\"_ _5\"/>ns et pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soci<span class=\"_ _5\"/>\u00e9s aux r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 lsd wsf\" style=\"z-index: 15;\">et liquidation<span class=\"_ _5\"/>s ponctu<span class=\"_ _5\"/>elles.</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9s r\u00e9<span class=\"_ _5\"/>sultan<span class=\"_ _5\"/>t de l\u2019amend<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>\u2019un plan ou, u<span class=\"_ _5\"/>ne r\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion dev<span class=\"_ _5\"/>raie<span class=\"_ _5\"/>nt \u00eatr<span class=\"_ _5\"/>e consid<span class=\"_ _5\"/>\u00e9r\u00e9e \u00e0 un<span class=\"_ _5\"/>e date plus p<span class=\"_ _5\"/>r\u00e9co<span class=\"_ _5\"/>ce</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lor<span class=\"_ _5\"/>sque (1) le plan d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ame<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent ou la r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n a lieu ; et (2) l\u2019enti<span class=\"_ _5\"/>t\u00e9 recon<span class=\"_ _5\"/>na\u00eet le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s de re<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>turat<span class=\"_ _5\"/>ion en con<span class=\"_ _5\"/>form<span class=\"_ _5\"/>it\u00e9 avec I<span class=\"_ _5\"/>AS 37<span class=\"_ _d\"/>. Le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">co\u00fb<span class=\"_ _d\"/>ts des services<span class=\"_ _d\"/> pass\u00e9s son<span class=\"_ _d\"/>t co<span class=\"_ _d\"/>mptabi<span class=\"_ _d\"/>lis\u00e9s<span class=\"_ _d\"/> dans<span class=\"_ _d\"/> le c<span class=\"_ _d\"/>ompt<span class=\"_ _d\"/>e de<span class=\"_ _d\"/> r\u00e9sul<span class=\"_ _d\"/>tats.</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat n<span class=\"_ _5\"/>et es<span class=\"_ _5\"/>t calc<span class=\"_ _5\"/>ul\u00e9 en app<span class=\"_ _5\"/>liquant l<span class=\"_ _5\"/>e taux d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion au<span class=\"_ _5\"/>x pass<span class=\"_ _5\"/>ifs et a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs de<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages s<span class=\"_ _5\"/>ociau<span class=\"_ _5\"/>x d\u00e9f<span class=\"_ _5\"/>inis. L<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s d\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s sont</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9s da<span class=\"_ _5\"/>ns le compte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s.</div>\n\n<div class=\"t m0 x5 h7 y55 ff7 fs3 fc2 sc0 ls35 ws9\" style=\"z-index: 15;\">Indemnit\u00e9s <span class=\"_ _d\"/>de c<span class=\"_ _d\"/>essation d\u2019<span class=\"_ _1\"/>emploi</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Lor<span class=\"_ _5\"/>sque b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t met f<span class=\"_ _5\"/>in au cont<span class=\"_ _5\"/>rat d\u2019un m<span class=\"_ _5\"/>embre d<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el avant l<span class=\"_ _5\"/>a date nor<span class=\"_ _5\"/>male de s<span class=\"_ _5\"/>a retr<span class=\"_ _5\"/>aite ou lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue l\u2019<span class=\"_ _d\"/>em<span class=\"_ _5\"/>ploy\u00e9 acce<span class=\"_ _5\"/>pte volont<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t de par<span class=\"_ _5\"/>tir e<span class=\"_ _5\"/>n contre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>avant<span class=\"_ _5\"/>ages<span class=\"_ _5\"/>, une pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>n est co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>itu\u00e9<span class=\"_ _5\"/>e dans la me<span class=\"_ _5\"/>sure o<span class=\"_ _5\"/>\u00f9 il exis<span class=\"_ _5\"/>te une o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion po<span class=\"_ _5\"/>ur bpos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 387px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 387px; height: 695px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y5a ff7 fs6 fc3 sc0 ls36 ws3e\" style=\"z-index: 15;\">Provisions</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pr<span class=\"_ _5\"/>ovisi<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e uniq<span class=\"_ _5\"/>ueme<span class=\"_ _5\"/>nt lors<span class=\"_ _5\"/>que:</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(1) <span class=\"_ _dc\"> </span>bpo<span class=\"_ _5\"/>st a une o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion l\u00e9g<span class=\"_ _5\"/>ale ou imp<span class=\"_ _5\"/>licite d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>r des d\u00e9<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>es en ve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tu d\u2019un \u00e9v\u00e9n<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t pass<span class=\"_ _5\"/>\u00e9 ;</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(2) <span class=\"_ _dc\"> </span>il es<span class=\"_ _5\"/>t prob<span class=\"_ _5\"/>able (pr<span class=\"_ _5\"/>obabil<span class=\"_ _5\"/>it\u00e9 \u00e9lev\u00e9<span class=\"_ _5\"/>e) que la d\u00e9<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>e de res<span class=\"_ _5\"/>so<span class=\"_ _5\"/>urces s<span class=\"_ _5\"/>era re<span class=\"_ _5\"/>quise p<span class=\"_ _5\"/>our r\u00e9<span class=\"_ _5\"/>gler l\u2019obliga<span class=\"_ _5\"/>tion ; e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(3) <span class=\"_ _dc\"> </span>le mon<span class=\"_ _5\"/>tant de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion pe<span class=\"_ _5\"/>ut \u00eatr<span class=\"_ _5\"/>e \u00e9valu<span class=\"_ _5\"/>\u00e9 de mani\u00e8<span class=\"_ _5\"/>re fi<span class=\"_ _5\"/>able.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>\u2019impac<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t susce<span class=\"_ _5\"/>ptibl<span class=\"_ _5\"/>e d\u2019\u00eatre si<span class=\"_ _5\"/>gnif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if (pour le<span class=\"_ _5\"/>s prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>s \u00e0 long ter<span class=\"_ _5\"/>me pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, la p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t \u00e9valu<span class=\"_ _5\"/>\u00e9e sur ba<span class=\"_ _5\"/>se ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s\u00e9<span class=\"_ _5\"/>e. L<span class=\"_ _3b\"/>\u2019augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de la p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on due \u00e0 l\u2019ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9e en c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>nci\u00e8r<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pr<span class=\"_ _5\"/>ovisi<span class=\"_ _5\"/>on pour a<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>ainis<span class=\"_ _5\"/>seme<span class=\"_ _5\"/>nt de site<span class=\"_ _5\"/>s pollu<span class=\"_ _5\"/>\u00e9s es<span class=\"_ _5\"/>t reco<span class=\"_ _5\"/>nnue si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est s<span class=\"_ _5\"/>oumis<span class=\"_ _5\"/>e \u00e0 une obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n en la mat<span class=\"_ _5\"/>i\u00e8re. L<span class=\"_ _5\"/>es prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>s pour</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">per<span class=\"_ _5\"/>tes<span class=\"_ _d\"/> op\u00e9rationnelles futu<span class=\"_ _d\"/>res sont i<span class=\"_ _d\"/>nterdit<span class=\"_ _d\"/>es.</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Si bp<span class=\"_ _5\"/>ost a un co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t on\u00e9re<span class=\"_ _5\"/>ux (bp<span class=\"_ _5\"/>ost d<span class=\"_ _5\"/>evra f<span class=\"_ _5\"/>aire f<span class=\"_ _5\"/>ace \u00e0 une pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te in\u00e9v<span class=\"_ _5\"/>itabl<span class=\"_ _5\"/>e qui d\u00e9co<span class=\"_ _5\"/>ule de se<span class=\"_ _5\"/>s enga<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>ts con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>ls), l\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bliga<span class=\"_ _5\"/>tion ac<span class=\"_ _5\"/>tua<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lis<span class=\"_ _5\"/>\u00e9e pr\u00e9<span class=\"_ _5\"/>vue dan<span class=\"_ _5\"/>s le contr<span class=\"_ _5\"/>at dev<span class=\"_ _5\"/>ra \u00eatr<span class=\"_ _5\"/>e compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e comm<span class=\"_ _5\"/>e prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pr<span class=\"_ _5\"/>ovisi<span class=\"_ _5\"/>on pour r<span class=\"_ _5\"/>est<span class=\"_ _5\"/>ruc<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st uni<span class=\"_ _5\"/>quem<span class=\"_ _5\"/>ent compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9e si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t d\u00e9mo<span class=\"_ _5\"/>ntre qu\u2019elle a un<span class=\"_ _5\"/>e obliga<span class=\"_ _5\"/>tion imp<span class=\"_ _5\"/>licite d<span class=\"_ _5\"/>e res<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>er au plu<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tar<span class=\"_ _5\"/>d \u00e0 la date de cl\u00f4<span class=\"_ _5\"/>ture. Ce<span class=\"_ _5\"/>tte o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion doi<span class=\"_ _5\"/>t \u00eatre d<span class=\"_ _5\"/>\u00e9mont<span class=\"_ _5\"/>r\u00e9e pa<span class=\"_ _5\"/>r: (a) l\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xis<span class=\"_ _5\"/>tence d\u2019un p<span class=\"_ _5\"/>lan for<span class=\"_ _5\"/>mel d\u00e9<span class=\"_ _5\"/>taill\u00e9 i<span class=\"_ _5\"/>denti<span class=\"_ _5\"/>fian<span class=\"_ _5\"/>t les pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>es car<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>t\u00e9-</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ris<span class=\"_ _5\"/>tiq<span class=\"_ _5\"/>ues de la r<span class=\"_ _5\"/>est<span class=\"_ _5\"/>ruc<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t (b) soit la m<span class=\"_ _5\"/>ise en \u0153<span class=\"_ _5\"/>uvre d<span class=\"_ _5\"/>e la res<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uctu<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on, soi<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>once de<span class=\"_ _5\"/>s prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>s car<span class=\"_ _5\"/>act\u00e9<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>tiqu<span class=\"_ _5\"/>es de cell<span class=\"_ _5\"/>e-<span class=\"_ _5\"/>ci au<span class=\"_ _5\"/>x</div>\n<div class=\"t m0 x5 h8 yb8 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">int<span class=\"_ _d\"/>\u00e9ress\u00e9s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 57px; height: 320px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 57px; height: 1025px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts s<span class=\"_ _5\"/>ur le r\u00e9s<span class=\"_ _5\"/>ultat e<span class=\"_ _5\"/>t imp\u00f4t<span class=\"_ _5\"/>s dif<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>p\u00f4t sur le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at compr<span class=\"_ _5\"/>end l\u2019im<span class=\"_ _5\"/>p\u00f4t cour<span class=\"_ _5\"/>ant et l\u2019<span class=\"_ _5\"/>imp\u00f4t diff<span class=\"_ _5\"/>\u00e9r\u00e9. L<span class=\"_ _1\"/>\u2019imp<span class=\"_ _5\"/>\u00f4t cour<span class=\"_ _5\"/>ant es<span class=\"_ _5\"/>t le mont<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s \u00e0 payer (r\u00e9<span class=\"_ _5\"/>cup\u00e9r<span class=\"_ _5\"/>\u00e9) sur les r<span class=\"_ _5\"/>eve<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nus im<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>bles de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>nn\u00e9e \u00e9<span class=\"_ _5\"/>coul\u00e9<span class=\"_ _5\"/>e, ainsi q<span class=\"_ _5\"/>ue tout aju<span class=\"_ _5\"/>stem<span class=\"_ _5\"/>ent au<span class=\"_ _5\"/>x imp\u00f4t<span class=\"_ _5\"/>s pay\u00e9s (\u00e0 r\u00e9<span class=\"_ _5\"/>cup\u00e9<span class=\"_ _5\"/>rer) rel<span class=\"_ _5\"/>atif<span class=\"_ _5\"/>s aux ann<span class=\"_ _5\"/>\u00e9es an<span class=\"_ _5\"/>t\u00e9rie<span class=\"_ _5\"/>ures<span class=\"_ _5\"/>. Il es<span class=\"_ _5\"/>t calc<span class=\"_ _5\"/>ul\u00e9 en</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>isant le t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019impos<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>n vigue<span class=\"_ _5\"/>ur \u00e0 la date de c<span class=\"_ _5\"/>l\u00f4ture.</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s so<span class=\"_ _5\"/>nt calc<span class=\"_ _5\"/>ul\u00e9s sur b<span class=\"_ _5\"/>ase de la m<span class=\"_ _5\"/>\u00e9th<span class=\"_ _5\"/>ode du re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t va<span class=\"_ _5\"/>riabl<span class=\"_ _5\"/>e sur les di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>ces tem<span class=\"_ _5\"/>pora<span class=\"_ _5\"/>ires e<span class=\"_ _5\"/>ntre la v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e des</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s au bila<span class=\"_ _5\"/>n \u00e0 la date de cl\u00f4<span class=\"_ _5\"/>ture et le<span class=\"_ _5\"/>ur bas<span class=\"_ _5\"/>e taxa<span class=\"_ _5\"/>ble, en u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ant le ta<span class=\"_ _5\"/>ux de ta<span class=\"_ _5\"/>xatio<span class=\"_ _5\"/>n atte<span class=\"_ _5\"/>ndu lor<span class=\"_ _5\"/>s du re<span class=\"_ _5\"/>couvr<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif o<span class=\"_ _5\"/>u du r\u00e8gle<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t du pas<span class=\"_ _5\"/>sif. En pra<span class=\"_ _5\"/>tique, o<span class=\"_ _5\"/>n utili<span class=\"_ _5\"/>se le ta<span class=\"_ _5\"/>ux en vig<span class=\"_ _5\"/>ueur \u00e0 la da<span class=\"_ _5\"/>te de cl\u00f4tur<span class=\"_ _5\"/>e du bilan<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s ne s<span class=\"_ _5\"/>ont tou<span class=\"_ _5\"/>tefois p<span class=\"_ _5\"/>as compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s sur<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(1) <span class=\"_ _dc\"> </span>le goo<span class=\"_ _5\"/>dwill do<span class=\"_ _5\"/>nt l\u2019amor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent n\u2019est pa<span class=\"_ _5\"/>s d\u00e9du<span class=\"_ _5\"/>ctib<span class=\"_ _5\"/>le fi<span class=\"_ _5\"/>scal<span class=\"_ _5\"/>ement ;</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(2) <span class=\"_ _dc\"> </span>la comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on initi<span class=\"_ _5\"/>ale d\u2019act<span class=\"_ _5\"/>ifs et d<span class=\"_ _5\"/>e pass<span class=\"_ _5\"/>ifs (h<span class=\"_ _5\"/>ors ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _d\"/>), qui n\u2019affec<span class=\"_ _5\"/>te ni le b<span class=\"_ _5\"/>\u00e9n\u00e9f<span class=\"_ _5\"/>ice comp<span class=\"_ _5\"/>table n<span class=\"_ _5\"/>i le b\u00e9n<span class=\"_ _5\"/>\u00e9fi<span class=\"_ _5\"/>ce fis<span class=\"_ _5\"/>cal ; et</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(3) <span class=\"_ _dc\"> </span> <span class=\"_ _8\"/>les inv<span class=\"_ _5\"/>est<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts dan<span class=\"_ _5\"/>s les f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s, succ<span class=\"_ _5\"/>ursa<span class=\"_ _5\"/>les, e<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9es e<span class=\"_ _5\"/>t co \u2013 entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses t<span class=\"_ _5\"/>ant qu\u2019il n\u2019est p<span class=\"_ _5\"/>as prob<span class=\"_ _5\"/>able que d<span class=\"_ _5\"/>es div<span class=\"_ _5\"/>i-</div>\n<div class=\"t m0 x6 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">den<span class=\"_ _5\"/>des s<span class=\"_ _5\"/>eront di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibu\u00e9<span class=\"_ _5\"/>s dans un ave<span class=\"_ _5\"/>nir pr\u00e9<span class=\"_ _5\"/>visibl<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Un ac<span class=\"_ _5\"/>tif d\u2019<span class=\"_ _5\"/>imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s n\u2019est co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9 qu<span class=\"_ _5\"/>e lors<span class=\"_ _5\"/>qu\u2019il es<span class=\"_ _5\"/>t pro<span class=\"_ _5\"/>bable qu<span class=\"_ _5\"/>e des b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ices im<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>bles s<span class=\"_ _5\"/>eront d<span class=\"_ _5\"/>ispon<span class=\"_ _5\"/>ibles p<span class=\"_ _5\"/>our y imp<span class=\"_ _5\"/>uter les</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">diff\u00e9<span class=\"_ _5\"/>rence<span class=\"_ _5\"/>s temp<span class=\"_ _5\"/>orair<span class=\"_ _5\"/>es d\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ible<span class=\"_ _5\"/>s. Les m<span class=\"_ _5\"/>\u00eame<span class=\"_ _5\"/>s prin<span class=\"_ _5\"/>cipe<span class=\"_ _5\"/>s sont ap<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>a recon<span class=\"_ _5\"/>naiss<span class=\"_ _5\"/>ance d\u2019ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u2019imp\u00f4t<span class=\"_ _5\"/>s diff<span class=\"_ _5\"/>\u00e9r\u00e9s s<span class=\"_ _5\"/>ur les p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>les rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>s non ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es. C<span class=\"_ _5\"/>e crit\u00e8<span class=\"_ _5\"/>re es<span class=\"_ _5\"/>t r\u00e9\u00e9v<span class=\"_ _5\"/>alu\u00e9 \u00e0 ch<span class=\"_ _5\"/>aque date d<span class=\"_ _5\"/>e cl\u00f4ture<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s so<span class=\"_ _5\"/>nt calc<span class=\"_ _5\"/>ul\u00e9s au ni<span class=\"_ _5\"/>veau de ch<span class=\"_ _5\"/>aque en<span class=\"_ _5\"/>tit\u00e9 f<span class=\"_ _5\"/>isc<span class=\"_ _5\"/>ale. Le<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s et pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s relat<span class=\"_ _5\"/>ifs \u00e0 de<span class=\"_ _5\"/>s fil<span class=\"_ _5\"/>iales di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>tes</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>uvent n<span class=\"_ _5\"/>e pas \u00eat<span class=\"_ _5\"/>re pr\u00e9s<span class=\"_ _5\"/>ent\u00e9<span class=\"_ _5\"/>s sur bas<span class=\"_ _5\"/>e net<span class=\"_ _5\"/>te.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 747px; height: 335px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 747px; height: 335px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb ya ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons en devis<span class=\"_ _5\"/>es \u00e9tra<span class=\"_ _5\"/>ng\u00e8re<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s en dev<span class=\"_ _5\"/>ises \u00e9<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>ng\u00e8re<span class=\"_ _5\"/>s sont e<span class=\"_ _5\"/>nregis<span class=\"_ _5\"/>tr\u00e9<span class=\"_ _5\"/>es ini<span class=\"_ _5\"/>tialem<span class=\"_ _5\"/>ent dans l<span class=\"_ _5\"/>a monnai<span class=\"_ _5\"/>e fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nnelle d<span class=\"_ _5\"/>es ent<span class=\"_ _5\"/>it\u00e9s con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>\u00e9es<span class=\"_ _5\"/>, en util<span class=\"_ _5\"/>isant l<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tau<span class=\"_ _5\"/>x de chan<span class=\"_ _5\"/>ge en vig<span class=\"_ _5\"/>ueur au<span class=\"_ _5\"/>x dates de<span class=\"_ _5\"/>s tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns. Le<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s et prof<span class=\"_ _5\"/>it<span class=\"_ _5\"/>s r\u00e9ali<span class=\"_ _5\"/>s\u00e9s \u00e0 pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tir des t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>e change, a<span class=\"_ _5\"/>insi que le<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s et prof<span class=\"_ _5\"/>it<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">non r<span class=\"_ _5\"/>\u00e9alis\u00e9<span class=\"_ _5\"/>s \u00e0 par<span class=\"_ _5\"/>tir d<span class=\"_ _5\"/>es ta<span class=\"_ _5\"/>ux de chan<span class=\"_ _5\"/>ge sur les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs mon<span class=\"_ _5\"/>\u00e9ta<span class=\"_ _5\"/>ires \u00e0 la dat<span class=\"_ _5\"/>e du bilan s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9s da<span class=\"_ _5\"/>ns le compte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le<span class=\"_ _5\"/>s compte<span class=\"_ _5\"/>s cons<span class=\"_ _5\"/>olid\u00e9<span class=\"_ _5\"/>s, les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs d\u2019act<span class=\"_ _5\"/>ivit<span class=\"_ _5\"/>\u00e9s en mo<span class=\"_ _5\"/>nnaie \u00e9<span class=\"_ _5\"/>trang<span class=\"_ _5\"/>\u00e8re so<span class=\"_ _5\"/>nt conver<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>s en Euros a<span class=\"_ _5\"/>u taux d<span class=\"_ _5\"/>e change pr<span class=\"_ _5\"/>\u00e9vala<span class=\"_ _5\"/>nt \u00e0 la</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">date du r<span class=\"_ _5\"/>epor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ng et leur<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s so<span class=\"_ _5\"/>nt conver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>is au tau<span class=\"_ _5\"/>x pr\u00e9v<span class=\"_ _5\"/>alant \u00e0 la da<span class=\"_ _5\"/>te des tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>act<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>. Les di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>ces de ch<span class=\"_ _5\"/>ange suit<span class=\"_ _5\"/>e \u00e0</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ces co<span class=\"_ _5\"/>nvers<span class=\"_ _5\"/>ions so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e<span class=\"_ _5\"/>s dans l\u2019\u00e9tat de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al conso<span class=\"_ _5\"/>lid\u00e9. Lo<span class=\"_ _5\"/>rs de ce<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>on d\u2019act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s, la co<span class=\"_ _5\"/>mpos<span class=\"_ _5\"/>ante de l\u2019\u00e9tat</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9 ayant t<span class=\"_ _5\"/>rait \u00e0 ce<span class=\"_ _5\"/>tte a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9 \u00e0 l\u2019\u00e9tr<span class=\"_ _5\"/>anger pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iculi\u00e8<span class=\"_ _5\"/>re es<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dan<span class=\"_ _5\"/>s le compte de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 582px; height: 155px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y10 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Reconnaissanc<span class=\"_ _d\"/>e de re<span class=\"_ _d\"/>venus</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ti<span class=\"_ _5\"/>re ses r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s d\u2019une gamm<span class=\"_ _5\"/>e de se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices in<span class=\"_ _5\"/>cluant d<span class=\"_ _5\"/>es ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices nat<span class=\"_ _5\"/>ionau<span class=\"_ _5\"/>x et inte<span class=\"_ _5\"/>rnati<span class=\"_ _5\"/>onaux d<span class=\"_ _5\"/>e trai<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t du courr<span class=\"_ _5\"/>ier et d<span class=\"_ _5\"/>es paq<span class=\"_ _5\"/>uet<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la log<span class=\"_ _5\"/>isti<span class=\"_ _5\"/>que du e \u2013 com<span class=\"_ _5\"/>merce, l<span class=\"_ _5\"/>e back \u2013 off<span class=\"_ _5\"/>ice, le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de p<span class=\"_ _5\"/>roximi<span class=\"_ _5\"/>t\u00e9 et comm<span class=\"_ _5\"/>odit\u00e9. Ell<span class=\"_ _5\"/>e vend en o<span class=\"_ _5\"/>utre to<span class=\"_ _5\"/>ute une ga<span class=\"_ _5\"/>mme de pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ban<span class=\"_ _5\"/>caire<span class=\"_ _5\"/>s et f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>, pos<span class=\"_ _5\"/>taux e<span class=\"_ _5\"/>t de d\u00e9t<span class=\"_ _5\"/>ail. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t ass<span class=\"_ _5\"/>ume \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t des Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s d\u2019Int\u00e9<span class=\"_ _5\"/>r\u00eat Econ<span class=\"_ _5\"/>omique G<span class=\"_ _5\"/>\u00e9n\u00e9<span class=\"_ _5\"/>ral (SIEG) en ver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>u d'un contr<span class=\"_ _5\"/>at</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">conc<span class=\"_ _5\"/>lu avec l\u2019<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge. T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ut reve<span class=\"_ _5\"/>nu relat<span class=\"_ _5\"/>if aux ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>vit\u00e9s n<span class=\"_ _5\"/>orma<span class=\"_ _5\"/>les de bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>st co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9 co<span class=\"_ _5\"/>mme reve<span class=\"_ _5\"/>nu dans le<span class=\"_ _5\"/>s compte<span class=\"_ _5\"/>s de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ut autr<span class=\"_ _5\"/>e reven<span class=\"_ _5\"/>u est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9 co<span class=\"_ _5\"/>mme aut<span class=\"_ _5\"/>re reve<span class=\"_ _5\"/>nu d\u2019explo<span class=\"_ _5\"/>itati<span class=\"_ _5\"/>on (voir plu<span class=\"_ _5\"/>s loin dans u<span class=\"_ _5\"/>ne se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on dis<span class=\"_ _5\"/>tinc<span class=\"_ _5\"/>te).</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise le<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us g\u00e9n\u00e9<span class=\"_ _5\"/>r\u00e9s par l<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s avec le<span class=\"_ _5\"/>s client<span class=\"_ _5\"/>s lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>e contr\u00f4<span class=\"_ _5\"/>le des bi<span class=\"_ _5\"/>ens et s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>t tran<span class=\"_ _5\"/>sf\u00e9<span class=\"_ _5\"/>r\u00e9 au clie<span class=\"_ _5\"/>nt pour</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un mo<span class=\"_ _5\"/>ntant qu<span class=\"_ _5\"/>i ref<span class=\"_ _5\"/>l\u00e8te la cont<span class=\"_ _5\"/>repa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie \u00e0 laqu<span class=\"_ _5\"/>elle bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>e avoir dro<span class=\"_ _5\"/>it en \u00e9c<span class=\"_ _5\"/>hange de ce<span class=\"_ _5\"/>s bien<span class=\"_ _5\"/>s et ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices<span class=\"_ _5\"/>. La nat<span class=\"_ _5\"/>ure, le mo<span class=\"_ _5\"/>ntant<span class=\"_ _5\"/>, le</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cal<span class=\"_ _5\"/>endr<span class=\"_ _5\"/>ier<span class=\"_ _d\"/>, l'ince<span class=\"_ _5\"/>r<span class=\"_ _5\"/>titud<span class=\"_ _5\"/>e de la re<span class=\"_ _5\"/>connais<span class=\"_ _5\"/>san<span class=\"_ _5\"/>ce des re<span class=\"_ _5\"/>venus p<span class=\"_ _5\"/>rovenan<span class=\"_ _5\"/>t des cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s avec le<span class=\"_ _5\"/>s clien<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ont d\u00e9t<span class=\"_ _5\"/>aill\u00e9<span class=\"_ _5\"/>s ci \u2013 des<span class=\"_ _5\"/>sou<span class=\"_ _5\"/>s par cat\u00e9<span class=\"_ _5\"/>gorie d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">services.</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s revenu<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s notes pa<span class=\"_ _5\"/>r \u00e9l\u00e9m<span class=\"_ _5\"/>ent de la lig<span class=\"_ _5\"/>ne de pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s se co<span class=\"_ _5\"/>mpose d<span class=\"_ _5\"/>'une combin<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>u ty<span class=\"_ _5\"/>pe de se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice (comm<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>crit ci \u2013 d<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>ous), du ty<span class=\"_ _5\"/>pe de p<span class=\"_ _5\"/>roduit<span class=\"_ _5\"/>, des c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>s et de l<span class=\"_ _5\"/>a r\u00e9gio<span class=\"_ _5\"/>n g\u00e9ogr<span class=\"_ _5\"/>aphi<span class=\"_ _5\"/>que et ce<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us sont d<span class=\"_ _5\"/>\u00e9sag<span class=\"_ _5\"/>r\u00e9g\u00e9<span class=\"_ _5\"/>s confor<span class=\"_ _5\"/>m\u00e9me<span class=\"_ _5\"/>nt aux inf<span class=\"_ _5\"/>orma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns r\u00e9gu<span class=\"_ _5\"/>li\u00e8re<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>xamin\u00e9<span class=\"_ _5\"/>es par l<span class=\"_ _5\"/>e CODM.</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s de bpo<span class=\"_ _5\"/>st pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre div<span class=\"_ _5\"/>is\u00e9<span class=\"_ _5\"/>es en t<span class=\"_ _5\"/>rois f<span class=\"_ _5\"/>lux de re<span class=\"_ _5\"/>connai<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce de re<span class=\"_ _5\"/>venus di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>ts : (i) le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>i-</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">but<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>spor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>, (ii) les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ue et de t<span class=\"_ _5\"/>raite<span class=\"_ _5\"/>ment de<span class=\"_ _5\"/>s comma<span class=\"_ _5\"/>ndes e<span class=\"_ _5\"/>t (iii) les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de bac<span class=\"_ _5\"/>k \u2013 offi<span class=\"_ _5\"/>ce, de prox<span class=\"_ _5\"/>imit\u00e9 et d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">commodit\u00e9.</div>\n<div class=\"t m0 x6 h7 y61 ff7 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(i) <span class=\"_ _75\"> </span>Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>buti<span class=\"_ _5\"/>on et d<span class=\"_ _5\"/>e tra<span class=\"_ _5\"/>nspo<span class=\"_ _5\"/>rt</div>\n<div class=\"t m0 x5 h10 y63 ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -8px; z-index: 15;\">Ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces inclus da<span class=\"_ _5\"/>ns les \u00e9l\u00e9<span class=\"_ _5\"/>ments d<span class=\"_ _5\"/>es ligne<span class=\"_ _5\"/>s de produ<span class=\"_ _5\"/>its : T<span class=\"_ _d\"/>rans<span class=\"_ _5\"/>act<span class=\"_ _5\"/>ional ma<span class=\"_ _5\"/>il, Ad<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>tising m<span class=\"_ _5\"/>ail, Pre<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>, Parcels Bel<span class=\"_ _5\"/>gium, Cros<span class=\"_ _5\"/>s \u2013 Bord<span class=\"_ _5\"/>er (inbou<span class=\"_ _5\"/>nd et</div>\n<div class=\"t m0 x5 h10 y64 ff8 fs3 fc2 sc0 ls0 ws67\" style=\"word-spacing: -7px; z-index: 15;\">outb<span class=\"_ _5\"/>ound) et I<span class=\"_ _5\"/>nternat<span class=\"_ _5\"/>ional m<span class=\"_ _5\"/>ail.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te ca<span class=\"_ _5\"/>t\u00e9gor<span class=\"_ _5\"/>ie de se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices co<span class=\"_ _5\"/>nsis<span class=\"_ _5\"/>te en la fou<span class=\"_ _5\"/>rnitur<span class=\"_ _5\"/>e de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices na<span class=\"_ _5\"/>tionau<span class=\"_ _5\"/>x et inte<span class=\"_ _5\"/>rnati<span class=\"_ _5\"/>onaux da<span class=\"_ _5\"/>ns le dom<span class=\"_ _5\"/>aine du cour<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>r et de<span class=\"_ _5\"/>s paque<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>, en ce</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>ris l'enl\u00e8v<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>, le tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t, le tr<span class=\"_ _5\"/>i et la di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on de cour<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>r adre<span class=\"_ _5\"/>ss\u00e9 o<span class=\"_ _5\"/>u non adr<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>\u00e9, d'impr<span class=\"_ _5\"/>im\u00e9<span class=\"_ _5\"/>s, de jo<span class=\"_ _5\"/>urnau<span class=\"_ _5\"/>x ainsi qu<span class=\"_ _5\"/>e de paqu<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s sont com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s lors<span class=\"_ _5\"/>que l'oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion, la p<span class=\"_ _5\"/>rome<span class=\"_ _5\"/>sse d<span class=\"_ _5\"/>e livre<span class=\"_ _5\"/>r un bien (<span class=\"_ _5\"/>par exe<span class=\"_ _5\"/>mple let<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>, paque<span class=\"_ _5\"/>t\u2026) \u00e0 un des<span class=\"_ _5\"/>tina<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tai<span class=\"_ _5\"/>re ou \u00e0 un en<span class=\"_ _5\"/>droit e<span class=\"_ _5\"/>st sa<span class=\"_ _5\"/>tisf<span class=\"_ _5\"/>aite \u00e0 un mo<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>onn\u00e9. Il s'agi<span class=\"_ _5\"/>t en g\u00e9n\u00e9<span class=\"_ _5\"/>ral de l<span class=\"_ _5\"/>a livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n des mar<span class=\"_ _5\"/>chandi<span class=\"_ _5\"/>ses<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>id\u00e8re g\u00e9<span class=\"_ _5\"/>n\u00e9r<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qu'elle es<span class=\"_ _5\"/>t le pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>l pour le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on et de t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t, e<span class=\"_ _5\"/>xcept<span class=\"_ _5\"/>ion fa<span class=\"_ _5\"/>ite de la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on de jo<span class=\"_ _5\"/>urnau<span class=\"_ _5\"/>x et p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>iques p<span class=\"_ _5\"/>ar AMP a<span class=\"_ _5\"/>ux</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">marc<span class=\"_ _5\"/>hands d<span class=\"_ _5\"/>e journ<span class=\"_ _5\"/>aux, o<span class=\"_ _5\"/>\u00f9 elle inte<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vient co<span class=\"_ _5\"/>mme age<span class=\"_ _5\"/>nt.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 72px; height: 500px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 72px; height: 1010px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La li<span class=\"_ _5\"/>vra<span class=\"_ _5\"/>ison d<span class=\"_ _5\"/>es jour<span class=\"_ _5\"/>naux e<span class=\"_ _5\"/>t p\u00e9r<span class=\"_ _5\"/>iodiqu<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>ut se f<span class=\"_ _5\"/>aire de de<span class=\"_ _5\"/>ux mani<span class=\"_ _5\"/>\u00e8res di<span class=\"_ _5\"/>ff\u00e9re<span class=\"_ _5\"/>ntes :</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prem<span class=\"_ _5\"/>i\u00e8rem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t livr<span class=\"_ _5\"/>e direc<span class=\"_ _5\"/>teme<span class=\"_ _5\"/>nt aux m<span class=\"_ _5\"/>\u00e9nage<span class=\"_ _5\"/>s et aux e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es (\"util<span class=\"_ _5\"/>isate<span class=\"_ _5\"/>urs\") les j<span class=\"_ _5\"/>ourna<span class=\"_ _5\"/>ux et le<span class=\"_ _5\"/>s p\u00e9r<span class=\"_ _5\"/>iodiq<span class=\"_ _5\"/>ues au<span class=\"_ _5\"/>xquel<span class=\"_ _5\"/>s ils s<span class=\"_ _5\"/>ont</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">abo<span class=\"_ _5\"/>nn\u00e9s (p<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>ent\u00e9s da<span class=\"_ _5\"/>ns la lign<span class=\"_ _5\"/>e de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s \"Pres<span class=\"_ _5\"/>s\"). Dans ce c<span class=\"_ _5\"/>as, b<span class=\"_ _5\"/>post e<span class=\"_ _5\"/>st un p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipal car e<span class=\"_ _5\"/>lle es<span class=\"_ _5\"/>t le pre<span class=\"_ _5\"/>mier ob<span class=\"_ _5\"/>lig\u00e9 de liv<span class=\"_ _5\"/>rer le<span class=\"_ _5\"/>s journ<span class=\"_ _5\"/>aux</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>dique<span class=\"_ _5\"/>s direc<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent aux u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ateur<span class=\"_ _5\"/>s et es<span class=\"_ _5\"/>t r\u00e9mun<span class=\"_ _5\"/>\u00e9r\u00e9<span class=\"_ _5\"/>e par les s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9s d'\u00e9dit<span class=\"_ _5\"/>ion et l'\u00c9t<span class=\"_ _5\"/>at belge (<span class=\"_ _5\"/>\"<span class=\"_ _d\"/>clie<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s\"). Les r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s re\u00e7ue<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9s d'\u00e9dit<span class=\"_ _5\"/>ion po<span class=\"_ _5\"/>ur la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on son<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>es sur le vo<span class=\"_ _5\"/>lume tr<span class=\"_ _5\"/>ait\u00e9. L<span class=\"_ _5\"/>a r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion re<span class=\"_ _5\"/>\u00e7ue du con<span class=\"_ _5\"/>trat ave<span class=\"_ _5\"/>c l'\u00c9tat b<span class=\"_ _5\"/>elge (clas<span class=\"_ _5\"/>s\u00e9 SIEG) es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie ent<span class=\"_ _5\"/>re un mon<span class=\"_ _5\"/>tant fo<span class=\"_ _5\"/>rf<span class=\"_ _5\"/>aita<span class=\"_ _5\"/>ire reco<span class=\"_ _5\"/>nnu dans l<span class=\"_ _5\"/>e temps (r\u00e9p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ti de man<span class=\"_ _5\"/>i\u00e8re \u00e9g<span class=\"_ _5\"/>ale sur le<span class=\"_ _5\"/>s quatre t<span class=\"_ _5\"/>rime<span class=\"_ _5\"/>st<span class=\"_ _5\"/>res) et une r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on var<span class=\"_ _5\"/>iable</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bas<span class=\"_ _5\"/>\u00e9e sur le<span class=\"_ _5\"/>s volum<span class=\"_ _5\"/>es dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>u\u00e9s<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te r\u00e9mu<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>tion de l'<span class=\"_ _5\"/>\u00c9<span class=\"_ _d\"/>t<span class=\"_ _5\"/>at belge f<span class=\"_ _5\"/>ait l'obje<span class=\"_ _5\"/>t d'un calcul e<span class=\"_ _5\"/>x \u2013 pos<span class=\"_ _5\"/>t bas<span class=\"_ _5\"/>\u00e9 sur l'\u00e9volut<span class=\"_ _5\"/>ion de la ba<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>uxi\u00e8m<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt, bp<span class=\"_ _5\"/>ost (p<span class=\"_ _5\"/>ar l'inter<span class=\"_ _5\"/>m\u00e9diai<span class=\"_ _5\"/>re de sa f<span class=\"_ _5\"/>iliale p<span class=\"_ _5\"/>oss<span class=\"_ _5\"/>\u00e9d\u00e9<span class=\"_ _5\"/>e \u00e0 100 % A<span class=\"_ _5\"/>MP et Ald<span class=\"_ _5\"/>ipres<span class=\"_ _5\"/>s) livre ce<span class=\"_ _5\"/>s jour<span class=\"_ _5\"/>naux e<span class=\"_ _5\"/>t p\u00e9r<span class=\"_ _5\"/>iodiqu<span class=\"_ _5\"/>es en k<span class=\"_ _5\"/>iosqu<span class=\"_ _5\"/>e (sous</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la d\u00e9<span class=\"_ _5\"/>nominat<span class=\"_ _5\"/>ion de la l<span class=\"_ _5\"/>igne de p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts \"Pr<span class=\"_ _5\"/>ess\"). Da<span class=\"_ _5\"/>ns cet<span class=\"_ _5\"/>te situat<span class=\"_ _5\"/>ion, A<span class=\"_ _5\"/>MP et A<span class=\"_ _5\"/>ldipre<span class=\"_ _5\"/>ss agi<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>nt en ta<span class=\"_ _5\"/>nt qu'agent<span class=\"_ _5\"/>s pour le co<span class=\"_ _5\"/>mpte de la s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yb0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">t\u00e9 d'\u00e9dit<span class=\"_ _5\"/>ion (\"clien<span class=\"_ _5\"/>t\") et s<span class=\"_ _5\"/>ont r\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>\u00e9s sur la ba<span class=\"_ _5\"/>se du no<span class=\"_ _5\"/>mbre de v<span class=\"_ _5\"/>olume<span class=\"_ _5\"/>s livr\u00e9<span class=\"_ _5\"/>s et d'une co<span class=\"_ _5\"/>mmiss<span class=\"_ _5\"/>ion sur le p<span class=\"_ _5\"/>rix de d<span class=\"_ _5\"/>\u00e9ta<span class=\"_ _5\"/>il.</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>aines a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s du fl<span class=\"_ _5\"/>ux de rev<span class=\"_ _5\"/>enus is<span class=\"_ _5\"/>sus de la d<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>u tran<span class=\"_ _5\"/>spor<span class=\"_ _5\"/>t (pa<span class=\"_ _5\"/>r exem<span class=\"_ _5\"/>ple T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ional mai<span class=\"_ _5\"/>l, Cros<span class=\"_ _5\"/>s \u2013 Bor<span class=\"_ _5\"/>der,\u2026) sont con<span class=\"_ _5\"/>si-</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9r<span class=\"_ _5\"/>\u00e9es co<span class=\"_ _5\"/>mme se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>l univer<span class=\"_ _5\"/>sel te<span class=\"_ _5\"/>l que d\u00e9f<span class=\"_ _5\"/>ini da<span class=\"_ _5\"/>ns la loi p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>ale belg<span class=\"_ _5\"/>e. bpos<span class=\"_ _5\"/>t as<span class=\"_ _5\"/>sure le s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>al unive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>l en Be<span class=\"_ _5\"/>lgique s<span class=\"_ _5\"/>ur la bas<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 yb4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'un Cont<span class=\"_ _5\"/>rat de G<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tion con<span class=\"_ _5\"/>clu avec l'<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge. Cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ains se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux f<span class=\"_ _5\"/>aisant p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie du s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>al unive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>l et \u00e9t<span class=\"_ _5\"/>ant g\u00e9n<span class=\"_ _5\"/>\u00e9rale<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>ar des pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ticuli<span class=\"_ _5\"/>ers et d<span class=\"_ _5\"/>es PME (r\u00e9p<span class=\"_ _5\"/>ut\u00e9s fo<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>r conjoint<span class=\"_ _5\"/>ement l<span class=\"_ _5\"/>e \u201cpanier d<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>s utilis<span class=\"_ _5\"/>ateur<span class=\"_ _5\"/>s\u201d<span class=\"_ _1\"/>, c<span class=\"_ _5\"/>i \u2013 apr\u00e8<span class=\"_ _5\"/>s \u201cPPU\u201d) so<span class=\"_ _5\"/>nt soum<span class=\"_ _5\"/>is \u00e0 un</div>\n<div class=\"t m0 x5 h8 y203 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">plaf<span class=\"_ _5\"/>onnem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x, comm<span class=\"_ _5\"/>e le pr\u00e9vo<span class=\"_ _5\"/>it la loi po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>le. Chaq<span class=\"_ _5\"/>ue ann\u00e9<span class=\"_ _5\"/>e, bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>oumet s<span class=\"_ _5\"/>a prop<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on d'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on de pr<span class=\"_ _5\"/>ix po<span class=\"_ _5\"/>ur les se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices</div>\n<div class=\"t m0 x5 h8 y204 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fai<span class=\"_ _5\"/>sant pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie du PPU \u00e0 l'autor<span class=\"_ _5\"/>it\u00e9 de r\u00e9<span class=\"_ _5\"/>gulat<span class=\"_ _5\"/>ion pos<span class=\"_ _5\"/>tal<span class=\"_ _5\"/>e belge (IB<span class=\"_ _5\"/>PT) p<span class=\"_ _5\"/>our ap<span class=\"_ _5\"/>probat<span class=\"_ _5\"/>ion pr\u00e9<span class=\"_ _5\"/>alable<span class=\"_ _5\"/>, l'IBPT d<span class=\"_ _5\"/>evant a<span class=\"_ _5\"/>ccepte<span class=\"_ _5\"/>r l'<span class=\"_ _d\"/>aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y205 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr<span class=\"_ _5\"/>ix si le pla<span class=\"_ _5\"/>fond t<span class=\"_ _5\"/>arif<span class=\"_ _5\"/>aire es<span class=\"_ _5\"/>t res<span class=\"_ _5\"/>pec<span class=\"_ _5\"/>t\u00e9. De m<span class=\"_ _5\"/>ani\u00e8re p<span class=\"_ _5\"/>lus g\u00e9n<span class=\"_ _5\"/>\u00e9rale<span class=\"_ _5\"/>, tous le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces pos<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x relev<span class=\"_ _5\"/>ant du s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>al unive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>l sont s<span class=\"_ _5\"/>oumis</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 une s<span class=\"_ _5\"/>\u00e9rie d'ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons en te<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s de qualit<span class=\"_ _5\"/>\u00e9 (<span class=\"_ _d\"/>comm<span class=\"_ _5\"/>e la fr\u00e9<span class=\"_ _5\"/>quen<span class=\"_ _5\"/>ce, la couve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ture g\u00e9<span class=\"_ _5\"/>ograp<span class=\"_ _5\"/>hique e<span class=\"_ _5\"/>t la conti<span class=\"_ _5\"/>nuit\u00e9) et d<span class=\"_ _5\"/>e prix (tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>aren<span class=\"_ _5\"/>ce,</div>\n<div class=\"t m0 x5 h8 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">unifo<span class=\"_ _5\"/>rmit\u00e9<span class=\"_ _5\"/>, cara<span class=\"_ _5\"/>ct\u00e8<span class=\"_ _5\"/>re abo<span class=\"_ _5\"/>rdable, n<span class=\"_ _5\"/>on \u2013 dis<span class=\"_ _5\"/>crimin<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t orie<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion des co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s<span class=\"_ _d\"/>). Pour le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux non u<span class=\"_ _5\"/>niver<span class=\"_ _5\"/>sel<span class=\"_ _5\"/>s et les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces non</div>\n<div class=\"t m0 x5 h8 y208 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9f<span class=\"_ _5\"/>inis co<span class=\"_ _5\"/>mme de<span class=\"_ _5\"/>s envois p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t prop<span class=\"_ _5\"/>ose de<span class=\"_ _5\"/>s condi<span class=\"_ _5\"/>tions g\u00e9<span class=\"_ _5\"/>n\u00e9r<span class=\"_ _5\"/>ales de v<span class=\"_ _5\"/>ente po<span class=\"_ _5\"/>ur les pe<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>s clien<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t des cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>es plus g<span class=\"_ _5\"/>ros</div>\n<div class=\"t m0 x5 h8 y209 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clie<span class=\"_ _5\"/>nts av<span class=\"_ _5\"/>ec des t<span class=\"_ _5\"/>arif<span class=\"_ _5\"/>s et re<span class=\"_ _5\"/>mise<span class=\"_ _5\"/>s bas\u00e9<span class=\"_ _5\"/>s sur le vol<span class=\"_ _5\"/>ume. Le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats ave<span class=\"_ _5\"/>c les cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s, qui p<span class=\"_ _5\"/>r\u00e9voi<span class=\"_ _5\"/>ent des r<span class=\"_ _5\"/>emis<span class=\"_ _5\"/>es, s<span class=\"_ _5\"/>urchar<span class=\"_ _5\"/>ges et p<span class=\"_ _5\"/>\u00e9nalit\u00e9<span class=\"_ _5\"/>s (volume</div>\n<div class=\"t m0 x5 h8 y20a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ou qua<span class=\"_ _5\"/>lit\u00e9) donn<span class=\"_ _5\"/>ant lieu \u00e0 u<span class=\"_ _5\"/>ne contr<span class=\"_ _5\"/>epar<span class=\"_ _5\"/>tie v<span class=\"_ _5\"/>aria<span class=\"_ _5\"/>ble, so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s me<span class=\"_ _5\"/>nsuel<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t et la mei<span class=\"_ _5\"/>lleure e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>enco<span class=\"_ _5\"/>urs e<span class=\"_ _5\"/>st ref<span class=\"_ _5\"/>l\u00e9t<span class=\"_ _5\"/>\u00e9e</div>\n<div class=\"t m0 x5 h8 y20b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le b<span class=\"_ _5\"/>ilan con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9, sur bas<span class=\"_ _5\"/>e du pr<span class=\"_ _5\"/>incipe d<span class=\"_ _5\"/>e la vale<span class=\"_ _5\"/>ur atte<span class=\"_ _5\"/>ndue<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y3cf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st re<span class=\"_ _5\"/>\u00e7oit une co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie po<span class=\"_ _5\"/>ur les ti<span class=\"_ _5\"/>mbre<span class=\"_ _5\"/>s et les ma<span class=\"_ _5\"/>chine<span class=\"_ _5\"/>s \u00e0 affr<span class=\"_ _5\"/>anchir, pour le<span class=\"_ _5\"/>sque<span class=\"_ _5\"/>ls l'oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion n'a pas enco<span class=\"_ _5\"/>re \u00e9t\u00e9 sa<span class=\"_ _5\"/>tis-</div>\n<div class=\"t m0 x5 h8 y3d0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fai<span class=\"_ _5\"/>te. Elle es<span class=\"_ _5\"/>t enre<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tr\u00e9e e<span class=\"_ _5\"/>n tant qu<span class=\"_ _5\"/>e prod<span class=\"_ _5\"/>uit<span class=\"_ _5\"/>s diff\u00e9r\u00e9<span class=\"_ _5\"/>s et pr<span class=\"_ _5\"/>\u00e9sen<span class=\"_ _5\"/>t\u00e9e comm<span class=\"_ _5\"/>e un pas<span class=\"_ _5\"/>sif de cont<span class=\"_ _5\"/>rat ju<span class=\"_ _5\"/>squ'\u00e0 la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ive de la le<span class=\"_ _5\"/>tt<span class=\"_ _5\"/>re ou</div>\n<div class=\"t m0 x5 h8 y784 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du pa<span class=\"_ _5\"/>quet (natio<span class=\"_ _5\"/>nal(e) ou inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>nal(e)<span class=\"_ _d\"/>). Les re<span class=\"_ _5\"/>venus r<span class=\"_ _5\"/>elati<span class=\"_ _5\"/>fs \u00e0 l\u2019act<span class=\"_ _5\"/>ivit\u00e9 t<span class=\"_ _5\"/>imbre<span class=\"_ _5\"/>s et mac<span class=\"_ _5\"/>hines \u00e0 a<span class=\"_ _5\"/>ffran<span class=\"_ _5\"/>chir so<span class=\"_ _5\"/>nt uniqu<span class=\"_ _5\"/>ement co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y785 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>e reven<span class=\"_ _5\"/>us es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>s au mome<span class=\"_ _5\"/>nt o\u00f9 le bi<span class=\"_ _5\"/>en es<span class=\"_ _5\"/>t livr\u00e9<span class=\"_ _5\"/>. Par cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nt, b<span class=\"_ _5\"/>post a m<span class=\"_ _5\"/>is en pla<span class=\"_ _5\"/>ce un mod<span class=\"_ _5\"/>\u00e8le de re<span class=\"_ _5\"/>connai<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce des r<span class=\"_ _5\"/>evenus p<span class=\"_ _5\"/>our</div>\n<div class=\"t m0 x5 h8 y8e5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>ser le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t pr\u00e9v<span class=\"_ _5\"/>u en reve<span class=\"_ _5\"/>nus, s<span class=\"_ _5\"/>ur la bas<span class=\"_ _5\"/>e de l\u2019his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ue. Les t<span class=\"_ _5\"/>imbre<span class=\"_ _5\"/>s qui ne s<span class=\"_ _5\"/>ont pas u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s apr\u00e8<span class=\"_ _5\"/>s une p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>de donn<span class=\"_ _5\"/>\u00e9e so<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y8e6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>ait\u00e9s e<span class=\"_ _5\"/>n tant qu<span class=\"_ _5\"/>e vente d'un bie<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y8e7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pr<span class=\"_ _5\"/>oduit de l'i<span class=\"_ _5\"/>nboun<span class=\"_ _5\"/>d (Cross \u2013 B<span class=\"_ _5\"/>orde<span class=\"_ _5\"/>r), un ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce prop<span class=\"_ _5\"/>os\u00e9 \u00e0 un au<span class=\"_ _5\"/>tre op<span class=\"_ _5\"/>\u00e9rate<span class=\"_ _5\"/>ur pos<span class=\"_ _5\"/>tal p<span class=\"_ _5\"/>our dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uer du cou<span class=\"_ _5\"/>rri<span class=\"_ _5\"/>er et de<span class=\"_ _5\"/>s paque<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y8e8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Be<span class=\"_ _5\"/>lgique<span class=\"_ _5\"/>, est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9 co<span class=\"_ _5\"/>mme un re<span class=\"_ _5\"/>venu e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>\u00e9 au mom<span class=\"_ _5\"/>ent o\u00f9 le s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice e<span class=\"_ _5\"/>st e<span class=\"_ _5\"/>x\u00e9cut\u00e9<span class=\"_ _5\"/>. La cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie \u00e0 laque<span class=\"_ _5\"/>lle bpo<span class=\"_ _5\"/>st a dro<span class=\"_ _5\"/>it es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y8e9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u00e9g<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e ult\u00e9ri<span class=\"_ _5\"/>eurem<span class=\"_ _5\"/>ent et co<span class=\"_ _5\"/>nvenue \u00e0 t<span class=\"_ _5\"/>itre d\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>itif ave<span class=\"_ _5\"/>c le client (aut<span class=\"_ _5\"/>re op\u00e9<span class=\"_ _5\"/>rate<span class=\"_ _5\"/>ur pos<span class=\"_ _5\"/>tal). En ra<span class=\"_ _5\"/>ison d<span class=\"_ _5\"/>e ce proce<span class=\"_ _5\"/>ssu<span class=\"_ _5\"/>s, le mon<span class=\"_ _5\"/>tant du p<span class=\"_ _5\"/>rix de</div>\n<div class=\"t m0 x5 h8 y8ea ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on var<span class=\"_ _5\"/>ie et bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>e le mont<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us en re<span class=\"_ _5\"/>couran<span class=\"_ _5\"/>t \u00e0 la m\u00e9t<span class=\"_ _5\"/>hode d<span class=\"_ _5\"/>e la vale<span class=\"_ _5\"/>ur atte<span class=\"_ _5\"/>ndue, s<span class=\"_ _5\"/>ur la bas<span class=\"_ _5\"/>e de l\u2019his<span class=\"_ _5\"/>tori<span class=\"_ _5\"/>que. \u00c0 la</div>\n<div class=\"t m0 x5 h8 y8eb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">date de c<span class=\"_ _5\"/>l\u00f4ture du b<span class=\"_ _5\"/>ilan, la m<span class=\"_ _5\"/>eilleur<span class=\"_ _5\"/>e est<span class=\"_ _5\"/>imati<span class=\"_ _5\"/>on de l'encour<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>t ref<span class=\"_ _5\"/>l\u00e9t\u00e9<span class=\"_ _5\"/>e dans le bil<span class=\"_ _5\"/>an conso<span class=\"_ _5\"/>lid\u00e9. T<span class=\"_ _d\"/>ou<span class=\"_ _5\"/>tefois<span class=\"_ _5\"/>, les r\u00e8<span class=\"_ _5\"/>glem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>initif<span class=\"_ _5\"/>s rep<span class=\"_ _5\"/>osant</div>\n<div class=\"t m0 x5 h8 y8ec ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>tes hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses (p<span class=\"_ _5\"/>armi le<span class=\"_ _5\"/>sque<span class=\"_ _5\"/>lles le<span class=\"_ _5\"/>s \u201cart<span class=\"_ _5\"/>icle<span class=\"_ _5\"/>s par kilo\u201d e<span class=\"_ _5\"/>t le pri<span class=\"_ _5\"/>x de tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n<span class=\"_ _d\"/>), les r\u00e8<span class=\"_ _5\"/>glem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>initif<span class=\"_ _5\"/>s peu<span class=\"_ _5\"/>vent s'\u00e9ca<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ter de</div>\n<div class=\"t m0 x5 h8 y8ed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'\u00e9valuat<span class=\"_ _5\"/>ion init<span class=\"_ _5\"/>iale. L<span class=\"_ _1\"/>'encou<span class=\"_ _5\"/>rs ne<span class=\"_ _5\"/>t des f<span class=\"_ _5\"/>lux so<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s et ent<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>s par o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ateur po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>l est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9 co<span class=\"_ _5\"/>mme cr\u00e9<span class=\"_ _5\"/>ance ou de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>. Le pro<span class=\"_ _5\"/>cess<span class=\"_ _5\"/>us</div>\n<div class=\"t m0 x5 h8 y8ee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">app<span class=\"_ _5\"/>liqu\u00e9 pa<span class=\"_ _5\"/>r bpos<span class=\"_ _5\"/>t gar<span class=\"_ _5\"/>antit le r<span class=\"_ _5\"/>espe<span class=\"_ _5\"/>ct d<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rainte<span class=\"_ _5\"/>s de la no<span class=\"_ _5\"/>rme IF<span class=\"_ _5\"/>RS 15 r<span class=\"_ _5\"/>elati<span class=\"_ _5\"/>ves aux co<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s varia<span class=\"_ _5\"/>bles<span class=\"_ _5\"/>, c'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire q<span class=\"_ _5\"/>ue bpos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y8ef ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>se les co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ties v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>les po<span class=\"_ _5\"/>ur les<span class=\"_ _5\"/>quelle<span class=\"_ _5\"/>s il es<span class=\"_ _5\"/>t hautem<span class=\"_ _5\"/>ent pr<span class=\"_ _5\"/>obable q<span class=\"_ _5\"/>u'<span class=\"_ _d\"/>aucu<span class=\"_ _5\"/>n reven<span class=\"_ _5\"/>u signif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if ne se<span class=\"_ _5\"/>ra ann<span class=\"_ _5\"/>ul\u00e9 une foi<span class=\"_ _5\"/>s les</div>\n<div class=\"t m0 x5 h8 y8f0 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">incertitudes lev\u00e9es.</div>\n<div class=\"t m0 x6 h7 y8f1 ff7 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(ii) <span class=\"_ _70\"> </span>Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e logi<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>que et d<span class=\"_ _5\"/>e ful<span class=\"_ _5\"/>film<span class=\"_ _5\"/>ent</div>\n<div class=\"t m0 x5 h10 y8f2 ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -8px; z-index: 15;\">Ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces inclus da<span class=\"_ _5\"/>ns les \u00e9l\u00e9<span class=\"_ _5\"/>ments d<span class=\"_ _5\"/>es ligne<span class=\"_ _5\"/>s de produ<span class=\"_ _5\"/>its : E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s E<span class=\"_ _d\"/>uras<span class=\"_ _5\"/>ia and E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tics N<span class=\"_ _5\"/>ort<span class=\"_ _5\"/>h Ame<span class=\"_ _5\"/>rica (fulfilm<span class=\"_ _5\"/>ent et logi<span class=\"_ _5\"/>stique) et Cro<span class=\"_ _5\"/>ss \u2013</div>\n<div class=\"t m0 x5 h9 y8f3 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bord<span class=\"_ _5\"/>er (droits d<span class=\"_ _5\"/>e douane)</div>\n<div class=\"t m0 x5 h8 y8f4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te ca<span class=\"_ _5\"/>t\u00e9gor<span class=\"_ _5\"/>ie de se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>d le fulf<span class=\"_ _5\"/>ilme<span class=\"_ _5\"/>nt de l\u2019e \u2013 commerc<span class=\"_ _5\"/>e, en ce comp<span class=\"_ _5\"/>ris l'entr<span class=\"_ _5\"/>epos<span class=\"_ _5\"/>age et la ma<span class=\"_ _5\"/>nutent<span class=\"_ _5\"/>ion de ma<span class=\"_ _5\"/>rchan<span class=\"_ _5\"/>dise<span class=\"_ _5\"/>s, la lo<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y8f5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gis<span class=\"_ _5\"/>tiqu<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>-co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ce, ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de r<span class=\"_ _5\"/>\u00e9para<span class=\"_ _5\"/>tion in<span class=\"_ _5\"/>clus, e<span class=\"_ _5\"/>t les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s tran<span class=\"_ _5\"/>sfr<span class=\"_ _5\"/>ontali<span class=\"_ _5\"/>ers d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e \u2013 co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ce, y compr<span class=\"_ _5\"/>is le se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice de d\u00e9<span class=\"_ _5\"/>doua<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt.</div>\n<div class=\"t m0 x5 h8 y8f6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ues et d<span class=\"_ _5\"/>e fulf<span class=\"_ _5\"/>ilmen<span class=\"_ _5\"/>t impliqu<span class=\"_ _5\"/>ent le<span class=\"_ _5\"/>s obliga<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ions sui<span class=\"_ _5\"/>vante<span class=\"_ _5\"/>s : r\u00e9ce<span class=\"_ _5\"/>ption<span class=\"_ _5\"/>, entre<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>age, enl\u00e8<span class=\"_ _5\"/>veme<span class=\"_ _5\"/>nt et emb<span class=\"_ _5\"/>al-</div>\n<div class=\"t m0 x5 h8 y8f7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lage, r<span class=\"_ _5\"/>etour, r\u00e9par<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n et d\u00e9d<span class=\"_ _5\"/>ouane<span class=\"_ _5\"/>ment de<span class=\"_ _5\"/>s march<span class=\"_ _5\"/>andis<span class=\"_ _5\"/>es. L<span class=\"_ _5\"/>es reve<span class=\"_ _5\"/>nus so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s lor<span class=\"_ _5\"/>squ<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de pre<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>, la prom<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8f8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de fo<span class=\"_ _5\"/>urnir un s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice a<span class=\"_ _5\"/>u client<span class=\"_ _5\"/>, es<span class=\"_ _5\"/>t sati<span class=\"_ _5\"/>sfa<span class=\"_ _5\"/>ite \u00e0 un mom<span class=\"_ _5\"/>ent don<span class=\"_ _5\"/>n\u00e9 (par e<span class=\"_ _5\"/>xemple lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue le pick &amp; p<span class=\"_ _5\"/>ack a eu li<span class=\"_ _5\"/>eu) ou en ca<span class=\"_ _5\"/>s de sto<span class=\"_ _5\"/>ckage d<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 y8f9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">marc<span class=\"_ _5\"/>handis<span class=\"_ _5\"/>es dan<span class=\"_ _5\"/>s le temps<span class=\"_ _5\"/>. bpo<span class=\"_ _5\"/>st cons<span class=\"_ _5\"/>id\u00e8re g<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt qu'elle es<span class=\"_ _5\"/>t l'agent dans l<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices d<span class=\"_ _5\"/>e logis<span class=\"_ _5\"/>tique e<span class=\"_ _5\"/>t de fulf<span class=\"_ _5\"/>ilm<span class=\"_ _5\"/>ent. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t se char<span class=\"_ _5\"/>ge</div>\n<div class=\"t m0 x5 h8 y8fa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du tr<span class=\"_ _5\"/>aitem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s marcha<span class=\"_ _5\"/>ndise<span class=\"_ _5\"/>s reto<span class=\"_ _5\"/>urn\u00e9<span class=\"_ _5\"/>es po<span class=\"_ _5\"/>ur le compte du c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>, mais bp<span class=\"_ _5\"/>ost n'ass<span class=\"_ _5\"/>ume auc<span class=\"_ _5\"/>une res<span class=\"_ _5\"/>pons<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>t\u00e9, si bie<span class=\"_ _5\"/>n qu\u2019<span class=\"_ _d\"/>auc<span class=\"_ _5\"/>une re<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y8fb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sab<span class=\"_ _5\"/>ilit\u00e9 po<span class=\"_ _5\"/>ur le reto<span class=\"_ _5\"/>ur n'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t imput<span class=\"_ _5\"/>\u00e9e \u00e0 bpo<span class=\"_ _5\"/>st<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8fc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>emis<span class=\"_ _5\"/>es li\u00e9<span class=\"_ _5\"/>es au volu<span class=\"_ _5\"/>me qui do<span class=\"_ _5\"/>nnent li<span class=\"_ _5\"/>eu \u00e0 une con<span class=\"_ _5\"/>trepa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie var<span class=\"_ _5\"/>iable, s<span class=\"_ _5\"/>ont com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>es men<span class=\"_ _5\"/>suelle<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>t la meill<span class=\"_ _5\"/>eure es<span class=\"_ _5\"/>tima<span class=\"_ _5\"/>tion de</div>\n<div class=\"t m0 x5 h8 y8fd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l\u2019encour<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>t ref<span class=\"_ _5\"/>l\u00e9t\u00e9e da<span class=\"_ _5\"/>ns le bila<span class=\"_ _5\"/>n consol<span class=\"_ _5\"/>id\u00e9, sur b<span class=\"_ _5\"/>ase du p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>pe de la va<span class=\"_ _5\"/>leur at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>ue.</div>\n<div class=\"t m0 x6 h7 y8fe ff7 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(ii<span class=\"_ _5\"/>i) Ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de ba<span class=\"_ _5\"/>ck \u2013 off<span class=\"_ _5\"/>ice, pr<span class=\"_ _5\"/>oximi<span class=\"_ _5\"/>t\u00e9 et co<span class=\"_ _5\"/>mmod<span class=\"_ _5\"/>it\u00e9</div>\n<div class=\"t m0 x5 h10 y8ff ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -9px; z-index: 15;\">Ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces inclus da<span class=\"_ _5\"/>ns les \u00e9l\u00e9<span class=\"_ _5\"/>ments d<span class=\"_ _5\"/>es ligne<span class=\"_ _5\"/>s de produ<span class=\"_ _5\"/>its : E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Nor<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>erica (call center et P<span class=\"_ _5\"/>T&amp;F), Value adde<span class=\"_ _5\"/>d ser<span class=\"_ _5\"/>vices et Pro<span class=\"_ _5\"/>ximit<span class=\"_ _5\"/>y and</div>\n<div class=\"t m0 x5 h10 y900 ff8 fs3 fc2 sc0 ls0 ws36\" style=\"z-index: 15;\">conveni<span class=\"_ _5\"/>ence retail n<span class=\"_ _5\"/>etwor<span class=\"_ _5\"/>k (produ<span class=\"_ _5\"/>its fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s, vent<span class=\"_ _5\"/>e de marcha<span class=\"_ _5\"/>ndises\u2026)</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 57px; height: 1025px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 57px; height: 1025px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te ca<span class=\"_ _5\"/>t\u00e9gor<span class=\"_ _5\"/>ie de se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices in<span class=\"_ _5\"/>clut :</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>s de bac<span class=\"_ _5\"/>k \u2013 offi<span class=\"_ _5\"/>ce, call ce<span class=\"_ _5\"/>nter inc<span class=\"_ _5\"/>lus, le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nt et se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de lut<span class=\"_ _5\"/>te con<span class=\"_ _5\"/>tre la</div>\n<div class=\"t m0 x2a h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fr<span class=\"_ _5\"/>aude e<span class=\"_ _5\"/>t de fi<span class=\"_ _5\"/>scali<span class=\"_ _5\"/>t\u00e9, les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s admini<span class=\"_ _5\"/>str<span class=\"_ _5\"/>atif<span class=\"_ _5\"/>s et de ge<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>ocume<span class=\"_ _5\"/>nts ; e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de prox<span class=\"_ _5\"/>imit\u00e9 et co<span class=\"_ _5\"/>mmod<span class=\"_ _5\"/>it\u00e9, y comp<span class=\"_ _5\"/>ris l'acc\u00e8s a<span class=\"_ _5\"/>u r\u00e9se<span class=\"_ _5\"/>au, le se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice au<span class=\"_ _5\"/>x guich<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s pour diff<span class=\"_ _5\"/>\u00e9ren<span class=\"_ _5\"/>ts par<span class=\"_ _5\"/>te<span class=\"_ _5\"/>naire<span class=\"_ _5\"/>s et la vent<span class=\"_ _5\"/>e de bien<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">auto<span class=\"_ _5\"/>produ<span class=\"_ _5\"/>its (p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent phil<span class=\"_ _5\"/>at\u00e9liqu<span class=\"_ _5\"/>es), de prod<span class=\"_ _5\"/>uits d<span class=\"_ _5\"/>e d\u00e9t<span class=\"_ _5\"/>ail et de b<span class=\"_ _5\"/>iens de p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tenaire<span class=\"_ _5\"/>s, en ce co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s les pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s de bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque.</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es de bac<span class=\"_ _5\"/>k \u2013 off<span class=\"_ _5\"/>ice et de pr<span class=\"_ _5\"/>oximit\u00e9 e<span class=\"_ _5\"/>t commo<span class=\"_ _5\"/>dit\u00e9 impl<span class=\"_ _5\"/>iquen<span class=\"_ _5\"/>t les obli<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>ns de pre<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>ntes : acc\u00e8<span class=\"_ _5\"/>s au r\u00e9<span class=\"_ _5\"/>seau et a<span class=\"_ _5\"/>ux poi<span class=\"_ _5\"/>nts</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de ven<span class=\"_ _5\"/>te, ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices au g<span class=\"_ _5\"/>uiche<span class=\"_ _5\"/>t, ven<span class=\"_ _5\"/>te de bien<span class=\"_ _5\"/>s et tr<span class=\"_ _5\"/>aitem<span class=\"_ _5\"/>ent de tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>, de docu<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s ou d\u2019app<span class=\"_ _5\"/>els<span class=\"_ _5\"/>. Les re<span class=\"_ _5\"/>venus s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9s</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lor<span class=\"_ _5\"/>sque l'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de pre<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>tions<span class=\"_ _5\"/>, la pro<span class=\"_ _5\"/>mes<span class=\"_ _5\"/>se de fo<span class=\"_ _5\"/>urnir un s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce ou un bie<span class=\"_ _5\"/>n au clien<span class=\"_ _5\"/>t, es<span class=\"_ _5\"/>t sati<span class=\"_ _5\"/>sfa<span class=\"_ _5\"/>ite \u00e0 un mom<span class=\"_ _5\"/>ent don<span class=\"_ _5\"/>n\u00e9 (par e<span class=\"_ _5\"/>xemple<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 yae ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice au gu<span class=\"_ _5\"/>ichet<span class=\"_ _5\"/>, tr<span class=\"_ _5\"/>aiteme<span class=\"_ _5\"/>nt d\u2019ar<span class=\"_ _5\"/>ticle<span class=\"_ _5\"/>s ou vente d'un b<span class=\"_ _5\"/>ien) ou dans le te<span class=\"_ _5\"/>mps (pa<span class=\"_ _5\"/>r exemp<span class=\"_ _5\"/>le, acc\u00e8s a<span class=\"_ _5\"/>u r\u00e9s<span class=\"_ _5\"/>eau). bpos<span class=\"_ _5\"/>t consid<span class=\"_ _5\"/>\u00e8re g\u00e9n<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qu'il s'agit du p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>pe en mat<span class=\"_ _5\"/>i\u00e8re de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de bac<span class=\"_ _5\"/>k \u2013 off<span class=\"_ _5\"/>ice et de ve<span class=\"_ _5\"/>nte de bie<span class=\"_ _5\"/>ns au d\u00e9t<span class=\"_ _5\"/>ail et d<span class=\"_ _5\"/>e biens a<span class=\"_ _5\"/>utopro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s et qu<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>age<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qui re<span class=\"_ _5\"/>\u00e7oit une co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sion dan<span class=\"_ _5\"/>s le cas d<span class=\"_ _5\"/>e produ<span class=\"_ _5\"/>its d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e et de ve<span class=\"_ _5\"/>nte de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de par<span class=\"_ _5\"/>te<span class=\"_ _5\"/>naires<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yb1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie des r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s du r\u00e9s<span class=\"_ _5\"/>eau de com<span class=\"_ _5\"/>merce de d<span class=\"_ _5\"/>\u00e9tai<span class=\"_ _5\"/>l de prox<span class=\"_ _5\"/>imit\u00e9 et com<span class=\"_ _5\"/>modi<span class=\"_ _5\"/>t\u00e9 (<span class=\"_ _d\"/>d\u00e9<span class=\"_ _5\"/>clar\u00e9<span class=\"_ _5\"/>s comme r<span class=\"_ _5\"/>evenus S<span class=\"_ _5\"/>IEG) est co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>itu\u00e9e d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d'<span class=\"_ _5\"/>Int\u00e9r\u00ea<span class=\"_ _5\"/>t Economi<span class=\"_ _5\"/>que G\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>l (<span class=\"_ _d\"/>SI<span class=\"_ _5\"/>EG<span class=\"_ _d\"/>) as<span class=\"_ _5\"/>sur\u00e9<span class=\"_ _5\"/>s par bpo<span class=\"_ _5\"/>st po<span class=\"_ _5\"/>ur le compte d<span class=\"_ _5\"/>e l'\u00c9tat be<span class=\"_ _5\"/>lge. Ce<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces eng<span class=\"_ _5\"/>lobe<span class=\"_ _5\"/>nt entre a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s l'<span class=\"_ _d\"/>en<span class=\"_ _5\"/>tret<span class=\"_ _5\"/>ien</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'un r\u00e9s<span class=\"_ _5\"/>eau \u00e9te<span class=\"_ _5\"/>ndu de co<span class=\"_ _5\"/>mmerce d<span class=\"_ _5\"/>e d\u00e9t<span class=\"_ _5\"/>ail et de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices tel<span class=\"_ _5\"/>s que le pa<span class=\"_ _5\"/>ieme<span class=\"_ _5\"/>nt \u00e0 domic<span class=\"_ _5\"/>ile des p<span class=\"_ _5\"/>ensio<span class=\"_ _5\"/>ns et l'ex\u00e9<span class=\"_ _5\"/>cutio<span class=\"_ _5\"/>n de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers</div>\n<div class=\"t m0 x5 h8 yb4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pos<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x. L<span class=\"_ _5\"/>a compe<span class=\"_ _5\"/>nsat<span class=\"_ _5\"/>ion des S<span class=\"_ _5\"/>IEG se bas<span class=\"_ _5\"/>e sur une m<span class=\"_ _5\"/>\u00e9th<span class=\"_ _5\"/>odolo<span class=\"_ _5\"/>gie de co\u00fb<span class=\"_ _5\"/>t net \u00e9v<span class=\"_ _5\"/>it\u00e9 (\u201cNAC\u201d p<span class=\"_ _5\"/>our ne<span class=\"_ _5\"/>t avoide<span class=\"_ _5\"/>d cost) e<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t r\u00e9par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie de mani<span class=\"_ _5\"/>\u00e8re</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9ga<span class=\"_ _5\"/>le sur les q<span class=\"_ _5\"/>uatre tr<span class=\"_ _5\"/>ime<span class=\"_ _5\"/>str<span class=\"_ _5\"/>es (compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dans l<span class=\"_ _5\"/>e temps). Cet<span class=\"_ _5\"/>te m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e pr\u00e9vo<span class=\"_ _5\"/>it que la com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>ation s<span class=\"_ _5\"/>era c<span class=\"_ _5\"/>alcul\u00e9<span class=\"_ _5\"/>e en fon<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de la</div>\n<div class=\"t m0 x5 h8 y203 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>n co\u00fbt ne<span class=\"_ _5\"/>t entre l<span class=\"_ _5\"/>e fait d'as<span class=\"_ _5\"/>surer o<span class=\"_ _5\"/>u non la fo<span class=\"_ _5\"/>urnit<span class=\"_ _5\"/>ure des S<span class=\"_ _5\"/>IEG. En cour<span class=\"_ _5\"/>s d'ann\u00e9e<span class=\"_ _5\"/>, des c<span class=\"_ _5\"/>alcul<span class=\"_ _5\"/>s sont e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9s p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s SIEG afi<span class=\"_ _5\"/>n de</div>\n<div class=\"t m0 x5 h8 y204 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s'assu<span class=\"_ _5\"/>rer que la r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on corr<span class=\"_ _5\"/>esp<span class=\"_ _5\"/>onde au<span class=\"_ _5\"/>x mont<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s enreg<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices Pay<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>, T<span class=\"_ _1\"/>ax a<span class=\"_ _5\"/>nd Fraud (P<span class=\"_ _5\"/>T&amp;F), le man<span class=\"_ _5\"/>ageme<span class=\"_ _5\"/>nt est<span class=\"_ _5\"/>ime un pa<span class=\"_ _5\"/>ssif d<span class=\"_ _5\"/>e remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t sur la bas<span class=\"_ _5\"/>e de la m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e de la val<span class=\"_ _5\"/>eur</div>\n<div class=\"t m0 x5 h8 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>e pour le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s poten<span class=\"_ _5\"/>tiel<span class=\"_ _5\"/>s li\u00e9s a<span class=\"_ _5\"/>ux ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de f<span class=\"_ _5\"/>rau<span class=\"_ _5\"/>de.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 732px; height: 350px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb yb ff7 fs6 fc3 sc0 ls0 wsd6\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res reve<span class=\"_ _5\"/>nus d\u2019exploi<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains sur l<span class=\"_ _5\"/>a cess<span class=\"_ _5\"/>ion d'ac<span class=\"_ _5\"/>tifs s<span class=\"_ _5\"/>ont d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9s en co<span class=\"_ _5\"/>mpara<span class=\"_ _5\"/>nt le pro<span class=\"_ _5\"/>duit ne<span class=\"_ _5\"/>t re\u00e7u de l<span class=\"_ _5\"/>a cess<span class=\"_ _5\"/>ion de l'ac<span class=\"_ _5\"/>tif ave<span class=\"_ _5\"/>c la valeu<span class=\"_ _5\"/>r compt<span class=\"_ _5\"/>able de l'ac<span class=\"_ _5\"/>tif au</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mom<span class=\"_ _5\"/>ent de la ve<span class=\"_ _5\"/>nte.</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s locat<span class=\"_ _5\"/>ifs pr<span class=\"_ _5\"/>ovenant d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e loca<span class=\"_ _5\"/>tion sim<span class=\"_ _5\"/>ple ou d'imm<span class=\"_ _5\"/>euble<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cement s<span class=\"_ _5\"/>ont com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s de mani\u00e8<span class=\"_ _5\"/>re lin\u00e9a<span class=\"_ _5\"/>ire sur la</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur\u00e9<span class=\"_ _5\"/>e du contr<span class=\"_ _5\"/>at de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>ubvent<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>t les aide<span class=\"_ _5\"/>s publ<span class=\"_ _5\"/>iques s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s en r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s char<span class=\"_ _5\"/>ges et com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>ent le<span class=\"_ _5\"/>s charge<span class=\"_ _5\"/>s conne<span class=\"_ _5\"/>xes au<span class=\"_ _5\"/>xquell<span class=\"_ _5\"/>es la</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">subve<span class=\"_ _5\"/>ntion e<span class=\"_ _5\"/>st d<span class=\"_ _5\"/>est<span class=\"_ _5\"/>in\u00e9e<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 552px; height: 155px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y51 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Revenu<span class=\"_ _5\"/>s <span class=\"_ _d\"/>et co\u00fb<span class=\"_ _5\"/>ts f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour le<span class=\"_ _5\"/>s titr<span class=\"_ _5\"/>es \u00e0 rev<span class=\"_ _5\"/>enu f<span class=\"_ _5\"/>ixe, les i<span class=\"_ _5\"/>nt\u00e9r\u00eat<span class=\"_ _5\"/>s so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s selo<span class=\"_ _5\"/>n la m\u00e9t<span class=\"_ _5\"/>hode du t<span class=\"_ _5\"/>aux d'in<span class=\"_ _5\"/>t\u00e9r\u00eat e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tif. Pou<span class=\"_ _5\"/>r les</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tit<span class=\"_ _5\"/>res \u00e0 re<span class=\"_ _5\"/>venu va<span class=\"_ _5\"/>riable<span class=\"_ _5\"/>, les rev<span class=\"_ _5\"/>enus s<span class=\"_ _5\"/>ont enre<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tr\u00e9s da<span class=\"_ _5\"/>ns le comp<span class=\"_ _5\"/>te de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s d\u00e8s q<span class=\"_ _5\"/>ue l'asse<span class=\"_ _5\"/>mbl\u00e9<span class=\"_ _5\"/>e g\u00e9n\u00e9r<span class=\"_ _5\"/>ale de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ionnai<span class=\"_ _5\"/>res conf<span class=\"_ _5\"/>ir<span class=\"_ _5\"/>me la</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">distribution<span class=\"_ _d\"/> d'u<span class=\"_ _d\"/>n dividende.</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>nt\u00e9r\u00eat<span class=\"_ _5\"/>s sur l<span class=\"_ _5\"/>es emp<span class=\"_ _5\"/>runt<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9s dans le<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs au f<span class=\"_ _5\"/>ur et \u00e0 me<span class=\"_ _5\"/>sure qu'il<span class=\"_ _5\"/>s sont e<span class=\"_ _5\"/>ncour<span class=\"_ _5\"/>us. Pou<span class=\"_ _5\"/>r les emp<span class=\"_ _5\"/>runt<span class=\"_ _5\"/>s, to<span class=\"_ _5\"/>ute</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>ntre le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t re\u00e7u e<span class=\"_ _5\"/>t le mont<span class=\"_ _5\"/>ant rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>sabl<span class=\"_ _5\"/>e est co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>ts en u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ant la m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e du tau<span class=\"_ _5\"/>x</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'int\u00e9r<span class=\"_ _5\"/>\u00eat eff<span class=\"_ _5\"/>ect<span class=\"_ _5\"/>if.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 387px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y5b ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s d\u00e9riv\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ut<span class=\"_ _5\"/>ilise d<span class=\"_ _5\"/>es ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs d\u00e9r<span class=\"_ _5\"/>iv\u00e9<span class=\"_ _5\"/>s pour cou<span class=\"_ _5\"/>vri<span class=\"_ _5\"/>r son ex<span class=\"_ _5\"/>posi<span class=\"_ _5\"/>tion au<span class=\"_ _5\"/>x ris<span class=\"_ _5\"/>ques de c<span class=\"_ _5\"/>hange d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>ant des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>nnelle<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>i\u00e8re<span class=\"_ _5\"/>s. Con<span class=\"_ _5\"/>form<span class=\"_ _5\"/>\u00e9ment \u00e0 s<span class=\"_ _5\"/>a poli<span class=\"_ _5\"/>tique d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie, bp<span class=\"_ _5\"/>ost n<span class=\"_ _5\"/>e d\u00e9ti<span class=\"_ _5\"/>ent pas o<span class=\"_ _5\"/>u n\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>met pa<span class=\"_ _5\"/>s d\u2019ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs d\u00e9<span class=\"_ _5\"/>riv\u00e9<span class=\"_ _5\"/>s \u00e0 des f<span class=\"_ _5\"/>ins</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">commerciales.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s d\u00e9ri<span class=\"_ _5\"/>v\u00e9s s<span class=\"_ _5\"/>ont init<span class=\"_ _5\"/>ialeme<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s \u00e0 leu<span class=\"_ _5\"/>r juste v<span class=\"_ _5\"/>aleur \u00e0 la d<span class=\"_ _5\"/>ate de concl<span class=\"_ _5\"/>usion du co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t et \u00e9va<span class=\"_ _5\"/>lu\u00e9s pa<span class=\"_ _5\"/>r ult\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rie<span class=\"_ _5\"/>urem<span class=\"_ _5\"/>ent \u00e0 leur j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur \u00e0 la f<span class=\"_ _5\"/>in de ch<span class=\"_ _5\"/>aque p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de de re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ting<span class=\"_ _5\"/>. D\u00e9p<span class=\"_ _5\"/>endan<span class=\"_ _5\"/>t de l\u2019<span class=\"_ _d\"/>ap<span class=\"_ _5\"/>plica<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>a compta<span class=\"_ _5\"/>bilit\u00e9 de co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e ou non</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(voir ci \u2013 d<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>ous), tout gai<span class=\"_ _5\"/>n ou per<span class=\"_ _5\"/>te r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ant de la r\u00e9<span class=\"_ _5\"/>\u00e9val<span class=\"_ _5\"/>uation d<span class=\"_ _5\"/>e l\u2019ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er d\u00e9r<span class=\"_ _5\"/>iv\u00e9 es<span class=\"_ _5\"/>t soi<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 direc<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent dans le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aut<span class=\"_ _5\"/>res \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t global o<span class=\"_ _5\"/>u dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 207px; height: 155px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 207px; height: 155px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y66 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Comptabilit\u00e9 de<span class=\"_ _d\"/> couverture</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>signe ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tains in<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>re, qui com<span class=\"_ _5\"/>prenn<span class=\"_ _5\"/>ent les i<span class=\"_ _5\"/>nstr<span class=\"_ _5\"/>ume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>\u00e9riv<span class=\"_ _5\"/>\u00e9s et no<span class=\"_ _5\"/>n d\u00e9r<span class=\"_ _5\"/>iv\u00e9s re<span class=\"_ _5\"/>latif<span class=\"_ _5\"/>s au ris<span class=\"_ _5\"/>que de c<span class=\"_ _5\"/>hange et</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">au r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e taux d'i<span class=\"_ _5\"/>nt\u00e9r\u00eat<span class=\"_ _5\"/>, comm<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>res d'inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s ne<span class=\"_ _5\"/>ts dan<span class=\"_ _5\"/>s des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s et au<span class=\"_ _5\"/>x couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>res de f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">respectivement.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 102px; height: 80px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 80px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 102px; height: 980px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A la cr\u00e9<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la relat<span class=\"_ _5\"/>ion de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t docu<span class=\"_ _5\"/>mente la r<span class=\"_ _5\"/>elati<span class=\"_ _5\"/>on entr<span class=\"_ _5\"/>e l\u2019ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture e<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>\u00e9l<span class=\"_ _5\"/>\u00e9ment co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>, ainsi qu<span class=\"_ _5\"/>e sa ges<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n des r<span class=\"_ _5\"/>isque<span class=\"_ _5\"/>s et sa s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>at\u00e9gie d<span class=\"_ _5\"/>e ces dive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>ns de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>. De plus<span class=\"_ _5\"/>, \u00e0 la cr\u00e9at<span class=\"_ _5\"/>ion de la co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e et de f<span class=\"_ _5\"/>a\u00e7on cont<span class=\"_ _5\"/>inue, b<span class=\"_ _5\"/>post</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">document<span class=\"_ _d\"/>e et \u00e9value<span class=\"_ _d\"/> l'<span class=\"_ _d\"/>efficacit\u00e9 des instruments d\u00e9riv\u00e9s.</div>\n<div class=\"t m0 x5 h7 ya9 ff7 fs3 fc2 sc0 ls40 ws62\" style=\"z-index: 15;\">Couverture de flux de tr\u00e9sorerie</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie eff<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ace des v<span class=\"_ _5\"/>ariat<span class=\"_ _5\"/>ions de l<span class=\"_ _5\"/>a juste v<span class=\"_ _5\"/>aleur de<span class=\"_ _5\"/>s ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s d\u00e9r<span class=\"_ _5\"/>iv\u00e9s d\u00e9<span class=\"_ _5\"/>sign<span class=\"_ _5\"/>\u00e9e et qua<span class=\"_ _5\"/>lifi<span class=\"_ _5\"/>\u00e9e comm<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure de f<span class=\"_ _5\"/>lux de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e est</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e da<span class=\"_ _5\"/>ns les au<span class=\"_ _5\"/>tres \u00e9<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>nts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al et cumu<span class=\"_ _5\"/>l\u00e9e dans l<span class=\"_ _5\"/>a rubr<span class=\"_ _5\"/>ique de<span class=\"_ _5\"/>s r\u00e9s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ves d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure de f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e. Le</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prof<span class=\"_ _5\"/>it ou l<span class=\"_ _5\"/>a per<span class=\"_ _5\"/>te li\u00e9 \u00e0 l<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie in<span class=\"_ _5\"/>eff<span class=\"_ _5\"/>icace e<span class=\"_ _5\"/>st imm<span class=\"_ _5\"/>\u00e9diate<span class=\"_ _5\"/>ment com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9 en r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nts p<span class=\"_ _5\"/>r\u00e9c\u00e9<span class=\"_ _5\"/>demme<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dan<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res \u00e9<span class=\"_ _5\"/>l\u00e9men<span class=\"_ _5\"/>ts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at globa<span class=\"_ _5\"/>l et accum<span class=\"_ _5\"/>ul\u00e9s dan<span class=\"_ _5\"/>s les ca<span class=\"_ _5\"/>pitau<span class=\"_ _5\"/>x prop<span class=\"_ _5\"/>res so<span class=\"_ _5\"/>nt rec<span class=\"_ _5\"/>las-</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s\u00e9<span class=\"_ _5\"/>s en r\u00e9s<span class=\"_ _5\"/>ultat n<span class=\"_ _5\"/>et lor<span class=\"_ _5\"/>sque l'\u00e9l\u00e9m<span class=\"_ _5\"/>ent cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>t affe<span class=\"_ _5\"/>cte le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at net<span class=\"_ _5\"/>, \u00e0 l\u2019ins<span class=\"_ _5\"/>tar de l'\u00e9l\u00e9<span class=\"_ _5\"/>ment cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>t comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9.</div>\n<div class=\"t m0 x5 h8 yb1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilit\u00e9 de co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e s\u2019<span class=\"_ _d\"/>ar<span class=\"_ _5\"/>r\u00eate lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>a relat<span class=\"_ _5\"/>ion de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture e<span class=\"_ _5\"/>st r\u00e9<span class=\"_ _5\"/>voqu\u00e9<span class=\"_ _5\"/>e par bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, lor<span class=\"_ _5\"/>sque l'ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure exp<span class=\"_ _5\"/>ire ou</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t vend<span class=\"_ _5\"/>u, r\u00e9sil<span class=\"_ _5\"/>i\u00e9 ou exe<span class=\"_ _5\"/>rc\u00e9, ou lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>u'<span class=\"_ _d\"/>elle n'es<span class=\"_ _5\"/>t plus qual<span class=\"_ _5\"/>ifi\u00e9<span class=\"_ _5\"/>e de comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>it\u00e9 de couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ture. Tout gain o<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>te comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 dan<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal e<span class=\"_ _5\"/>t accumul\u00e9 da<span class=\"_ _5\"/>ns les c<span class=\"_ _5\"/>apit<span class=\"_ _5\"/>aux pro<span class=\"_ _5\"/>pres d<span class=\"_ _5\"/>emeu<span class=\"_ _5\"/>re dans le<span class=\"_ _5\"/>s fonds p<span class=\"_ _5\"/>ropr<span class=\"_ _5\"/>es et e<span class=\"_ _5\"/>st comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>a tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 yb4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00e9<span class=\"_ _5\"/>vue es<span class=\"_ _5\"/>t f<span class=\"_ _5\"/>inalem<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e e<span class=\"_ _5\"/>n r\u00e9sul<span class=\"_ _5\"/>tat. L<span class=\"_ _5\"/>ors<span class=\"_ _5\"/>qu\u2019il s\u2019av\u00e8re que l<span class=\"_ _5\"/>a tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion p<span class=\"_ _5\"/>r\u00e9vu<span class=\"_ _5\"/>e ne se r\u00e9<span class=\"_ _5\"/>alise<span class=\"_ _5\"/>ra pas<span class=\"_ _5\"/>, le gain o<span class=\"_ _5\"/>u la per<span class=\"_ _5\"/>te cu<span class=\"_ _5\"/>mul\u00e9 es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">imm\u00e9dia<span class=\"_ _d\"/>tement c<span class=\"_ _d\"/>omptabilis\u00e9<span class=\"_ _d\"/> en r\u00e9sultat.</div>\n<div class=\"t m0 x5 h7 y204 ff7 fs3 fc2 sc0 ls0 ws4a\" style=\"z-index: 15;\">Cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture d\u2019i<span class=\"_ _5\"/>nvest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts net<span class=\"_ _5\"/>s dans de<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les \u00e9tr<span class=\"_ _5\"/>ang\u00e8<span class=\"_ _5\"/>res</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>es d'inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>s dan<span class=\"_ _5\"/>s des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s sont co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>es de l<span class=\"_ _5\"/>a m\u00eame ma<span class=\"_ _5\"/>ni\u00e8re qu<span class=\"_ _5\"/>e les cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>s de f<span class=\"_ _5\"/>lux de</div>\n<div class=\"t m0 x5 h8 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>. T<span class=\"_ _1\"/>out g<span class=\"_ _5\"/>ain ou pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te sur l'ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment de co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e relat<span class=\"_ _5\"/>if \u00e0 la par<span class=\"_ _5\"/>tie e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure es<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 dans le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s \u00e9l\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y208 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>ts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at globa<span class=\"_ _5\"/>l et cumul<span class=\"_ _5\"/>\u00e9 sous la r<span class=\"_ _5\"/>ubr<span class=\"_ _5\"/>ique \u00abr\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion\u00bb. Le pr<span class=\"_ _5\"/>ofi<span class=\"_ _5\"/>t ou la per<span class=\"_ _5\"/>te l<span class=\"_ _5\"/>i\u00e9 \u00e0 la par<span class=\"_ _5\"/>tie i<span class=\"_ _5\"/>neff<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>ce est i<span class=\"_ _5\"/>mm\u00e9dia<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y209 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">com<span class=\"_ _d\"/>ptabil<span class=\"_ _d\"/>is\u00e9 en<span class=\"_ _d\"/> r\u00e9su<span class=\"_ _d\"/>ltat.</div>\n<div class=\"t m0 x5 h8 y20b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains et l<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s sur l'ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>re relat<span class=\"_ _5\"/>ifs \u00e0 la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie eff<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ace de la cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture a<span class=\"_ _5\"/>ccumul\u00e9<span class=\"_ _5\"/>e dans la r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion</div>\n<div class=\"t m0 x5 h8 y3ce ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t recla<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>\u00e9s en r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t lors de l<span class=\"_ _5\"/>a cess<span class=\"_ _5\"/>ion de la f<span class=\"_ _5\"/>iliale \u00e9<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>ng\u00e8re.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 657px; height: 425px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 657px; height: 425px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 657px; height: 425px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag405": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 hb y58 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Consolidation</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 m\u00e8re e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>en<span class=\"_ _5\"/>semb<span class=\"_ _5\"/>le des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s qu\u2019<span class=\"_ _d\"/>elle co<span class=\"_ _5\"/>ntr\u00f4l<span class=\"_ _5\"/>e sont in<span class=\"_ _5\"/>clus dans l<span class=\"_ _5\"/>a conso<span class=\"_ _5\"/>lidatio<span class=\"_ _5\"/>n. Auc<span class=\"_ _5\"/>une exce<span class=\"_ _5\"/>ptio<span class=\"_ _5\"/>n n\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st aut<span class=\"_ _5\"/>oris<span class=\"_ _5\"/>\u00e9e.</div>\n\n<div class=\"t m0 x5 hb y20d ff5 fs6 fc3 sc0 lsa wsb\" style=\"z-index: 15;\">Filiales</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs, d<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s et eng<span class=\"_ _5\"/>ageme<span class=\"_ _5\"/>nts<span class=\"_ _5\"/>, reve<span class=\"_ _5\"/>nus et d\u00e9<span class=\"_ _5\"/>pen<span class=\"_ _5\"/>ses de l<span class=\"_ _5\"/>a soci<span class=\"_ _5\"/>\u00e9t\u00e9 m\u00e8r<span class=\"_ _5\"/>e et des f<span class=\"_ _5\"/>ilia<span class=\"_ _5\"/>les ent<span class=\"_ _5\"/>i\u00e8rem<span class=\"_ _5\"/>ent cont<span class=\"_ _5\"/>r\u00f4l\u00e9<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>nt conso<span class=\"_ _5\"/>lid\u00e9s</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>ur int\u00e9g<span class=\"_ _5\"/>ralit\u00e9<span class=\"_ _5\"/>. Un inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>seur co<span class=\"_ _5\"/>ntr\u00f4l<span class=\"_ _5\"/>e une ent<span class=\"_ _5\"/>it\u00e9 d\u00e9te<span class=\"_ _5\"/>nue lor<span class=\"_ _5\"/>sque l'in<span class=\"_ _5\"/>vest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>, ou a droit<span class=\"_ _5\"/>, \u00e0 des r<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>coulant de s<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cipatio<span class=\"_ _5\"/>n dans l'enti<span class=\"_ _5\"/>t\u00e9 d\u00e9ten<span class=\"_ _5\"/>ue et qu'il a la c<span class=\"_ _5\"/>apaci<span class=\"_ _5\"/>t\u00e9 d'inf<span class=\"_ _5\"/>luer sur ce<span class=\"_ _5\"/>s rend<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts pa<span class=\"_ _5\"/>r son po<span class=\"_ _5\"/>uvoir s<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>it\u00e9 d\u00e9t<span class=\"_ _5\"/>enue.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce cont<span class=\"_ _5\"/>r\u00f4le e<span class=\"_ _5\"/>st sup<span class=\"_ _5\"/>pos\u00e9 e<span class=\"_ _5\"/>xis<span class=\"_ _5\"/>ter lor<span class=\"_ _5\"/>sque b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t d\u00e9ti<span class=\"_ _5\"/>ent au mo<span class=\"_ _5\"/>ins 50 %<span class=\"_ _5\"/>, plus un<span class=\"_ _5\"/>e voix de<span class=\"_ _5\"/>s droit<span class=\"_ _5\"/>s de vote d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>it\u00e9 ; ces hy<span class=\"_ _5\"/>poth\u00e8<span class=\"_ _5\"/>se<span class=\"_ _5\"/>s peuve<span class=\"_ _5\"/>nt \u00eatr<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9f<span class=\"_ _5\"/>ut\u00e9e<span class=\"_ _5\"/>s si la sit<span class=\"_ _5\"/>uation co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ire es<span class=\"_ _5\"/>t claire<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>tabli<span class=\"_ _5\"/>e. Lor<span class=\"_ _5\"/>sque b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t ne d\u00e9t<span class=\"_ _5\"/>ient pas l<span class=\"_ _5\"/>a major<span class=\"_ _5\"/>it\u00e9 des d<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s de vote ou d<span class=\"_ _5\"/>es droi<span class=\"_ _5\"/>ts sim<span class=\"_ _5\"/>ilaire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'une en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise d<span class=\"_ _5\"/>\u00e9tenu<span class=\"_ _5\"/>e, elle ti<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>te de tous le<span class=\"_ _5\"/>s fait<span class=\"_ _5\"/>s et c<span class=\"_ _5\"/>ircons<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>ces per<span class=\"_ _5\"/>t<span class=\"_ _5\"/>inent<span class=\"_ _5\"/>s po<span class=\"_ _5\"/>ur \u00e9valu<span class=\"_ _5\"/>er si bp<span class=\"_ _5\"/>ost a le co<span class=\"_ _5\"/>ntr\u00f4le d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>en<span class=\"_ _5\"/>trepr<span class=\"_ _5\"/>ise</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9te<span class=\"_ _5\"/>nue conf<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>\u00e9ment \u00e0 l'ar<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cle 1:14 BCC<span class=\"_ _5\"/>A. L<span class=\"_ _1\"/>\u2019exis<span class=\"_ _5\"/>tence e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>eff<span class=\"_ _5\"/>et de dro<span class=\"_ _5\"/>its d<span class=\"_ _5\"/>e vote pote<span class=\"_ _5\"/>ntiel<span class=\"_ _5\"/>s exe<span class=\"_ _5\"/>r\u00e7abl<span class=\"_ _5\"/>es ou conve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tis so<span class=\"_ _5\"/>nt nota<span class=\"_ _5\"/>mment p<span class=\"_ _5\"/>ris en</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>te pour d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>iner si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t contr\u00f4<span class=\"_ _5\"/>le une ent<span class=\"_ _5\"/>it\u00e9.</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une f<span class=\"_ _5\"/>iliale e<span class=\"_ _5\"/>st con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9e \u00e0 par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ir de la date de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion, c<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire \u00e0 la dat<span class=\"_ _5\"/>e \u00e0 laque<span class=\"_ _5\"/>lle le contr<span class=\"_ _5\"/>\u00f4le des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs ne<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t des op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la so<span class=\"_ _5\"/>ci\u00e9t\u00e9 a<span class=\"_ _5\"/>cquis<span class=\"_ _5\"/>e est e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>ment t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>f\u00e9r\u00e9 \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cqu\u00e9r<span class=\"_ _5\"/>eur. A par<span class=\"_ _5\"/>tir de la da<span class=\"_ _5\"/>te d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, la s<span class=\"_ _5\"/>oci\u00e9t<span class=\"_ _5\"/>\u00e9 m\u00e8re (l\u2019acqu<span class=\"_ _5\"/>\u00e9reur<span class=\"_ _5\"/>) int\u00e8gre l<span class=\"_ _5\"/>a per<span class=\"_ _5\"/>for-</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mance f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ci\u00e8r<span class=\"_ _5\"/>e de la fi<span class=\"_ _5\"/>liale dans s<span class=\"_ _5\"/>on comp<span class=\"_ _5\"/>te de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s cons<span class=\"_ _5\"/>olid\u00e9 e<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>\u00e0 le<span class=\"_ _5\"/>ur juste v<span class=\"_ _5\"/>aleur) da<span class=\"_ _5\"/>ns son b<span class=\"_ _5\"/>ilan cons<span class=\"_ _5\"/>olid\u00e9 l<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 117px; height: 230px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 117px; height: 290px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s acqui<span class=\"_ _5\"/>s, en ce com<span class=\"_ _5\"/>pris to<span class=\"_ _5\"/>ut goo<span class=\"_ _5\"/>dwill r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>nt de l\u2019acquisi<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. Les f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s cess<span class=\"_ _5\"/>ent d\u2019\u00eat<span class=\"_ _5\"/>re cons<span class=\"_ _5\"/>olid\u00e9<span class=\"_ _5\"/>es \u00e0 par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r de la date \u00e0 la<span class=\"_ _5\"/>quelle le</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>r\u00f4le pre<span class=\"_ _5\"/>nd f<span class=\"_ _5\"/>in. Les s<span class=\"_ _5\"/>olde<span class=\"_ _5\"/>s et tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions int<span class=\"_ _5\"/>ragr<span class=\"_ _5\"/>oupe<span class=\"_ _5\"/>s ainsi qu<span class=\"_ _5\"/>e les gain<span class=\"_ _5\"/>s et pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es non r<span class=\"_ _5\"/>\u00e9alis\u00e9<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s entre l<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>ci\u00e9t\u00e9<span class=\"_ _5\"/>s du</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">group<span class=\"_ _5\"/>e sont int\u00e9grale<span class=\"_ _5\"/>ment \u00e9limin\u00e9<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>rs con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s son<span class=\"_ _5\"/>t \u00e9tab<span class=\"_ _5\"/>lis sur ba<span class=\"_ _5\"/>se de r\u00e8<span class=\"_ _5\"/>gles d\u2019\u00e9va<span class=\"_ _5\"/>luation u<span class=\"_ _5\"/>nifor<span class=\"_ _5\"/>mes p<span class=\"_ _5\"/>our les t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>act<span class=\"_ _5\"/>ions a<span class=\"_ _5\"/>nalogu<span class=\"_ _5\"/>es et au<span class=\"_ _5\"/>tres \u00e9<span class=\"_ _5\"/>v\u00e9nem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">sur<span class=\"_ _5\"/>venant<span class=\"_ _d\"/> dans des circonstances similaires.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 987px; height: 95px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y87 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>ci\u00e9t\u00e9s as<span class=\"_ _5\"/>soci\u00e9<span class=\"_ _5\"/>es et co \u2013 <span class=\"_ _d\"/>en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rises</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e es<span class=\"_ _5\"/>t une ent<span class=\"_ _5\"/>it\u00e9 dans la<span class=\"_ _5\"/>quelle b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t exerce u<span class=\"_ _5\"/>ne inf<span class=\"_ _5\"/>luence n<span class=\"_ _5\"/>otab<span class=\"_ _5\"/>le. Par inf<span class=\"_ _5\"/>lue<span class=\"_ _5\"/>nce nota<span class=\"_ _5\"/>ble, on e<span class=\"_ _5\"/>ntend le p<span class=\"_ _5\"/>ouvo<span class=\"_ _5\"/>ir de par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cip<span class=\"_ _5\"/>er \u00e0 des d<span class=\"_ _5\"/>\u00e9cisi<span class=\"_ _5\"/>ons rel<span class=\"_ _5\"/>evant d<span class=\"_ _5\"/>es pol<span class=\"_ _5\"/>itiqu<span class=\"_ _5\"/>es fi<span class=\"_ _5\"/>nanci\u00e8<span class=\"_ _5\"/>res ou o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle<span class=\"_ _5\"/>s de la so<span class=\"_ _5\"/>ci\u00e9t\u00e9 a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>, et non ce<span class=\"_ _5\"/>lui de cont<span class=\"_ _5\"/>r\u00f4ler s<span class=\"_ _5\"/>es no<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s. On</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cons<span class=\"_ _5\"/>id\u00e8re qu<span class=\"_ _5\"/>\u2019il y a infl<span class=\"_ _5\"/>uence n<span class=\"_ _5\"/>otabl<span class=\"_ _5\"/>e lors<span class=\"_ _5\"/>que bp<span class=\"_ _5\"/>ost po<span class=\"_ _5\"/>ss\u00e8<span class=\"_ _5\"/>de au mo<span class=\"_ _5\"/>ins 20 % du dr<span class=\"_ _5\"/>oit de vote de l<span class=\"_ _5\"/>a soci<span class=\"_ _5\"/>\u00e9t\u00e9. En de<span class=\"_ _5\"/>\u00e7\u00e0 de<span class=\"_ _5\"/>s 20 %, ce<span class=\"_ _5\"/>tte inf<span class=\"_ _5\"/>lue<span class=\"_ _5\"/>nce</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">not<span class=\"_ _5\"/>able es<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>id\u00e9r\u00e9<span class=\"_ _5\"/>e comme n<span class=\"_ _5\"/>ulle. Ce<span class=\"_ _5\"/>s pr\u00e9s<span class=\"_ _5\"/>ompti<span class=\"_ _5\"/>ons pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre r\u00e9<span class=\"_ _5\"/>fut\u00e9<span class=\"_ _5\"/>es si la pr<span class=\"_ _5\"/>euve du co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ire pe<span class=\"_ _5\"/>ut \u00eatre c<span class=\"_ _5\"/>lairem<span class=\"_ _5\"/>ent app<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une co<span class=\"_ _5\"/>-<span class=\"_ _5\"/>entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>se es<span class=\"_ _5\"/>t un t<span class=\"_ _5\"/>ype de pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat dans le<span class=\"_ _5\"/>quel le<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s qui cont<span class=\"_ _5\"/>r\u00f4lent co<span class=\"_ _5\"/>njointe<span class=\"_ _5\"/>ment le pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat ont de<span class=\"_ _5\"/>s droit<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">net<span class=\"_ _5\"/>s de l\u2019enti<span class=\"_ _5\"/>t\u00e9 l\u00e9gal<span class=\"_ _5\"/>e. Le cont<span class=\"_ _5\"/>r\u00f4le conj<span class=\"_ _5\"/>oint impli<span class=\"_ _5\"/>que le par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>age cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuell<span class=\"_ _5\"/>ement co<span class=\"_ _5\"/>nvenu du co<span class=\"_ _5\"/>ntr\u00f4le<span class=\"_ _5\"/>, qui n\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>iste qu<span class=\"_ _5\"/>e lors<span class=\"_ _5\"/>que le<span class=\"_ _5\"/>s d\u00e9ci<span class=\"_ _5\"/>sions</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rel<span class=\"_ _5\"/>ative<span class=\"_ _5\"/>s aux ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tine<span class=\"_ _5\"/>ntes re<span class=\"_ _5\"/>qui\u00e8r<span class=\"_ _5\"/>ent un cons<span class=\"_ _5\"/>ensu<span class=\"_ _5\"/>s unanim<span class=\"_ _5\"/>e des par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ies par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ageant le co<span class=\"_ _5\"/>ntr\u00f4le<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s norm<span class=\"_ _5\"/>es comp<span class=\"_ _5\"/>table<span class=\"_ _5\"/>s ad\u00e9<span class=\"_ _5\"/>quates s<span class=\"_ _5\"/>ont app<span class=\"_ _5\"/>liqu\u00e9<span class=\"_ _5\"/>es \u00e0 tr<span class=\"_ _5\"/>avers l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>nti\u00e8<span class=\"_ _5\"/>ret\u00e9 du gr<span class=\"_ _5\"/>oupe, e<span class=\"_ _5\"/>n ce compr<span class=\"_ _5\"/>is les s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9s as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9es e<span class=\"_ _5\"/>t co \u2013 entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>utes le<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>\u00e9t\u00e9s a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>s et co \u2013 ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9e<span class=\"_ _5\"/>s selon l<span class=\"_ _5\"/>a m\u00e9th<span class=\"_ _5\"/>ode de m<span class=\"_ _5\"/>ise en \u00e9<span class=\"_ _5\"/>quiva<span class=\"_ _5\"/>lence: le<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ipatio<span class=\"_ _5\"/>ns son<span class=\"_ _5\"/>t int\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gr\u00e9<span class=\"_ _5\"/>es s\u00e9<span class=\"_ _5\"/>par\u00e9m<span class=\"_ _5\"/>ent dan<span class=\"_ _5\"/>s le bilan con<span class=\"_ _5\"/>soli<span class=\"_ _5\"/>d\u00e9 (sous la r<span class=\"_ _5\"/>ubr<span class=\"_ _5\"/>ique \u201cPa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>icipat<span class=\"_ _5\"/>ions da<span class=\"_ _5\"/>ns des e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soci<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>t co \u2013 entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es\u201d<span class=\"_ _5\"/>) \u00e0 la date</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la cl<span class=\"_ _5\"/>\u00f4ture, p<span class=\"_ _5\"/>our un mon<span class=\"_ _5\"/>tant cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>pond<span class=\"_ _5\"/>ant \u00e0 la pro<span class=\"_ _5\"/>por<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des c<span class=\"_ _5\"/>apit<span class=\"_ _5\"/>aux pro<span class=\"_ _5\"/>pres d<span class=\"_ _5\"/>e la soc<span class=\"_ _5\"/>i\u00e9t\u00e9 as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9e ou co \u2013 e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>conf<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>\u00e9-</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t aux no<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s IFRS), r\u00e9su<span class=\"_ _5\"/>ltat de ce<span class=\"_ _5\"/>tte p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>de comp<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>. Les di<span class=\"_ _5\"/>viden<span class=\"_ _5\"/>des re<span class=\"_ _5\"/>\u00e7us d\u2019une e<span class=\"_ _5\"/>ntit\u00e9 a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e r<span class=\"_ _5\"/>\u00e9duis<span class=\"_ _5\"/>ent la va<span class=\"_ _5\"/>leur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">l\u2019in<span class=\"_ _d\"/>vestissement<span class=\"_ _5\"/>.<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t du r\u00e9su<span class=\"_ _5\"/>ltat de<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>\u00e9t\u00e9s a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>s et co \u2013 ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>ables \u00e0 b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est in<span class=\"_ _5\"/>t\u00e9gr\u00e9<span class=\"_ _5\"/>e s\u00e9pa<span class=\"_ _5\"/>r\u00e9me<span class=\"_ _5\"/>nt dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s con<span class=\"_ _5\"/>so<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lid\u00e9 s<span class=\"_ _5\"/>ous la r<span class=\"_ _5\"/>ubri<span class=\"_ _5\"/>que \u201cQuo<span class=\"_ _5\"/>te \u2013 par<span class=\"_ _5\"/>t dans le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at des e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soci<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>t co \u2013 entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses\u201d (mis<span class=\"_ _5\"/>e en \u00e9qu<span class=\"_ _5\"/>ivale<span class=\"_ _5\"/>nce).</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes n<span class=\"_ _5\"/>on r\u00e9ali<span class=\"_ _5\"/>s\u00e9s r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ant des t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s entre un i<span class=\"_ _5\"/>nvest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur (ou se<span class=\"_ _5\"/>s fil<span class=\"_ _5\"/>iales con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9es) et s<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>ci\u00e9t\u00e9<span class=\"_ _5\"/>s ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>es ou co \u2013</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont \u00e9l<span class=\"_ _5\"/>imin\u00e9<span class=\"_ _5\"/>s \u00e0 hauteur d<span class=\"_ _5\"/>e la par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ipatio<span class=\"_ _5\"/>n de l\u2019inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ur dans la s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 597px; height: 365px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb y10 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Regr<span class=\"_ _5\"/>oupem<span class=\"_ _5\"/>ent d\u2019entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es, good<span class=\"_ _5\"/>will et \u00e9car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>acqu<span class=\"_ _5\"/>isit<span class=\"_ _5\"/>ion n\u00e9gat<span class=\"_ _5\"/>ifs</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>egro<span class=\"_ _5\"/>upeme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s en utili<span class=\"_ _5\"/>sant la m<span class=\"_ _5\"/>\u00e9th<span class=\"_ _5\"/>ode d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n. Le co\u00fbt d<span class=\"_ _5\"/>\u2019une acquis<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>st \u00e9<span class=\"_ _5\"/>valu\u00e9 com<span class=\"_ _5\"/>me l\u2019en-</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>mble de la co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e, qui es<span class=\"_ _5\"/>t mes<span class=\"_ _5\"/>ur\u00e9e \u00e0 la v<span class=\"_ _5\"/>aleur r\u00e9<span class=\"_ _5\"/>elle \u00e0 dat<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, et le m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nt d\u2019int\u00e9r<span class=\"_ _5\"/>\u00eat mino<span class=\"_ _5\"/>rit<span class=\"_ _5\"/>aire de l\u2019enti<span class=\"_ _5\"/>t\u00e9 ac-</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">quis<span class=\"_ _5\"/>e, si app<span class=\"_ _5\"/>licab<span class=\"_ _5\"/>le. A la date d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion, l<span class=\"_ _5\"/>a diff\u00e9r<span class=\"_ _5\"/>ence con<span class=\"_ _5\"/>stat<span class=\"_ _5\"/>\u00e9e ent<span class=\"_ _5\"/>re la vale<span class=\"_ _5\"/>ur d\u2019acquisi<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>ticip<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r des ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s ident<span class=\"_ _5\"/>ifiab<span class=\"_ _5\"/>les et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs late<span class=\"_ _5\"/>nts a<span class=\"_ _5\"/>cquis es<span class=\"_ _5\"/>t comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e \u00e0 l\u2019ac<span class=\"_ _5\"/>tif en t<span class=\"_ _5\"/>ant que go<span class=\"_ _5\"/>odw<span class=\"_ _5\"/>ill (si la diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>st po<span class=\"_ _5\"/>siti<span class=\"_ _5\"/>ve)<span class=\"_ _d\"/>, ou dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tement e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prof<span class=\"_ _5\"/>it dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s (si la diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>st n\u00e9<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>ve)<span class=\"_ _d\"/>. L<span class=\"_ _5\"/>a p\u00e9r<span class=\"_ _5\"/>iode de r<span class=\"_ _5\"/>\u00e9\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n pour la d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>minati<span class=\"_ _5\"/>on du goo<span class=\"_ _5\"/>dwill ne p<span class=\"_ _5\"/>eut e<span class=\"_ _5\"/>xc\u00e9de<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un an \u00e0 pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ir de la date d'acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on.</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e pour<span class=\"_ _5\"/>rait<span class=\"_ _5\"/>, dans cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>aine<span class=\"_ _5\"/>s situat<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>, inclure un<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>epar<span class=\"_ _5\"/>tie co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lle, laqu<span class=\"_ _5\"/>elle es<span class=\"_ _5\"/>t me<span class=\"_ _5\"/>sur\u00e9e \u00e0 l<span class=\"_ _5\"/>a juste v<span class=\"_ _5\"/>aleur</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">au mo<span class=\"_ _5\"/>ment du r<span class=\"_ _5\"/>egrou<span class=\"_ _5\"/>peme<span class=\"_ _5\"/>nt d\u2019entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es et in<span class=\"_ _5\"/>cluse da<span class=\"_ _5\"/>ns la cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie tra<span class=\"_ _5\"/>nsf\u00e9<span class=\"_ _5\"/>r\u00e9e (c\u2019est \u2013 \u00e0 \u2013 di<span class=\"_ _5\"/>re recon<span class=\"_ _5\"/>nue dans l<span class=\"_ _5\"/>e calcul d<span class=\"_ _5\"/>u good<span class=\"_ _5\"/>will ou</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bad<span class=\"_ _5\"/>will). Si le mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e la contre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>le change \u00e0 la s<span class=\"_ _5\"/>uite d\u2019un \u00e9v\u00e9<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt sur<span class=\"_ _5\"/>ven<span class=\"_ _5\"/>ant apr\u00e8<span class=\"_ _5\"/>s l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion (tel que l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bjec<span class=\"_ _5\"/>tif d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s), le changem<span class=\"_ _5\"/>ent de la j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur e<span class=\"_ _5\"/>st re<span class=\"_ _5\"/>connu comm<span class=\"_ _5\"/>e prof<span class=\"_ _5\"/>it ou p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te. Dans ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>taine<span class=\"_ _5\"/>s acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>ns, bp<span class=\"_ _5\"/>ost n'obti<span class=\"_ _5\"/>ent pas l<span class=\"_ _5\"/>e contr\u00f4<span class=\"_ _5\"/>le de</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">100 % d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s de l'entit\u00e9 a<span class=\"_ _5\"/>cquise m<span class=\"_ _5\"/>ais conc<span class=\"_ _5\"/>lut un accor<span class=\"_ _5\"/>d suppl\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>aire (pa<span class=\"_ _5\"/>r exemp<span class=\"_ _5\"/>le opti<span class=\"_ _5\"/>on d'achat<span class=\"_ _5\"/>/vente) da<span class=\"_ _5\"/>ns le but d'acq<span class=\"_ _5\"/>u\u00e9rir l<span class=\"_ _5\"/>es ac-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns res<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>es ult\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>. Sau<span class=\"_ _5\"/>f si la subs<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>ce \u00e9cono<span class=\"_ _5\"/>mique d<span class=\"_ _5\"/>e ces accor<span class=\"_ _5\"/>ds es<span class=\"_ _5\"/>t claire<span class=\"_ _5\"/>ment un co<span class=\"_ _5\"/>ntrat \u00e0 t<span class=\"_ _5\"/>erme \u00e0 p<span class=\"_ _5\"/>rix f<span class=\"_ _5\"/>ixe (auqu<span class=\"_ _5\"/>el cas b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cons<span class=\"_ _5\"/>id\u00e8re qu'elle a a<span class=\"_ _5\"/>cquis un in<span class=\"_ _5\"/>t\u00e9r\u00eat \u00e9<span class=\"_ _5\"/>conom<span class=\"_ _5\"/>ique ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>l dans les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>\u00e9es), bpos<span class=\"_ _5\"/>t (i) cont<span class=\"_ _5\"/>inue \u00e0 comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>iser la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ticip<span class=\"_ _5\"/>ation n<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">don<span class=\"_ _5\"/>nant pas le co<span class=\"_ _5\"/>ntr\u00f4l<span class=\"_ _5\"/>e (initiale<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>e \u00e0 la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r ou \u00e0 la quote \u2013 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t de l'act<span class=\"_ _5\"/>if net de l'ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise a<span class=\"_ _5\"/>cquise) e<span class=\"_ _5\"/>t (ii) compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e un</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pas<span class=\"_ _5\"/>sif f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er \u00e9va<span class=\"_ _5\"/>lu\u00e9 \u00e0 la val<span class=\"_ _5\"/>eur ac<span class=\"_ _5\"/>tuell<span class=\"_ _5\"/>e du mont<span class=\"_ _5\"/>ant \u00e0 paye<span class=\"_ _5\"/>r lors de l'ex<span class=\"_ _5\"/>ercice d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>opt<span class=\"_ _5\"/>ion. T<span class=\"_ _d\"/>ou<span class=\"_ _5\"/>te vari<span class=\"_ _5\"/>ation ult<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>ure du pas<span class=\"_ _5\"/>sif f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e e<span class=\"_ _5\"/>n r\u00e9sul<span class=\"_ _5\"/>tat en t<span class=\"_ _5\"/>ant que pr<span class=\"_ _5\"/>oduit f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier ou co<span class=\"_ _5\"/>\u00fbt fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>r<span class=\"_ _d\"/>. Lor<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>ans une ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion, la co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e compre<span class=\"_ _5\"/>nd</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une con<span class=\"_ _5\"/>trepa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie cond<span class=\"_ _5\"/>ition<span class=\"_ _5\"/>nelle (pa<span class=\"_ _5\"/>r exem<span class=\"_ _5\"/>ple, un ear<span class=\"_ _5\"/>n \u2013 out), ces m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>ont \u00e9va<span class=\"_ _5\"/>lu\u00e9s \u00e0 le<span class=\"_ _5\"/>ur jus<span class=\"_ _5\"/>te valeur \u00e0 l<span class=\"_ _5\"/>a date d'acquis<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>t ult\u00e9r<span class=\"_ _5\"/>ieu-</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rem<span class=\"_ _5\"/>ent \u00e0 cha<span class=\"_ _5\"/>que date de c<span class=\"_ _5\"/>l\u00f4ture. L<span class=\"_ _5\"/>es var<span class=\"_ _5\"/>iatio<span class=\"_ _5\"/>ns de la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur son<span class=\"_ _5\"/>t compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9es da<span class=\"_ _5\"/>ns le r\u00e9s<span class=\"_ _5\"/>ultat d'ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ap<span class=\"_ _5\"/>r\u00e8s comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ion init<span class=\"_ _5\"/>iale, le go<span class=\"_ _5\"/>odwill n\u2019es<span class=\"_ _5\"/>t pas amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i, mais s<span class=\"_ _5\"/>oumis an<span class=\"_ _5\"/>nuelle<span class=\"_ _5\"/>ment \u00e0 un te<span class=\"_ _5\"/>st d<span class=\"_ _5\"/>e r\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>. Le go<span class=\"_ _5\"/>odwill a<span class=\"_ _5\"/>cquis</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s regr<span class=\"_ _5\"/>oupe<span class=\"_ _5\"/>ment d\u2019entr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises e<span class=\"_ _5\"/>st<span class=\"_ _5\"/>, d\u00e8s la da<span class=\"_ _5\"/>te d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, allo<span class=\"_ _5\"/>u\u00e9 \u00e0 chaq<span class=\"_ _5\"/>ue unit\u00e9 g\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>trice d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie (\"UG<span class=\"_ _5\"/>T\") de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t qui pour-</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>t b\u00e9n\u00e9<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ier de ce r<span class=\"_ _5\"/>egroup<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt, pe<span class=\"_ _5\"/>u impo<span class=\"_ _5\"/>rte q<span class=\"_ _5\"/>ue d\u2019autre<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs e<span class=\"_ _5\"/>t pas<span class=\"_ _5\"/>sifs de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ntit\u00e9 a<span class=\"_ _5\"/>cquise s<span class=\"_ _5\"/>oient a<span class=\"_ _5\"/>ssig<span class=\"_ _5\"/>n\u00e9s da<span class=\"_ _5\"/>ns cet<span class=\"_ _5\"/>te unit\u00e9.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 192px; height: 380px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 192px; height: 890px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h1a y53 ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>34 <span class=\"_ _38\"/>Soci\u00e9t\u00e9s du g<span class=\"_ _d\"/>roupe</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">Les act<span class=\"_ _5\"/>ivit\u00e9s commerciales des principales filiales peuvent \u00eat<span class=\"_ _5\"/>re d\u00e9crites comme suit :</div>\n<div class=\"t m0 x5 h7 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 ls40 ws62\">Aldipress</span> es<span class=\"_ _5\"/>t ac<span class=\"_ _5\"/>tive s<span class=\"_ _5\"/>ur le march<span class=\"_ _5\"/>\u00e9 n\u00e9er<span class=\"_ _5\"/>land<span class=\"_ _5\"/>ais en ta<span class=\"_ _5\"/>nt que dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuteu<span class=\"_ _5\"/>r de maga<span class=\"_ _5\"/>zines<span class=\"_ _5\"/>, de ban<span class=\"_ _5\"/>des de<span class=\"_ _5\"/>ssin<span class=\"_ _5\"/>\u00e9es<span class=\"_ _5\"/>, de rom<span class=\"_ _5\"/>ans et de l<span class=\"_ _5\"/>ivre<span class=\"_ _5\"/>s \u2013 puz<span class=\"_ _5\"/>zle.</div>\n<div class=\"t m0 x5 h7 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ws37\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s <span class=\"ff7 lsae wsc8\">d<span class=\"_ _d\"/>\u2019<span class=\"_ _d\"/>Activ<span class=\"_ _1\"/>e Ants<span class=\"_ _d\"/><span class=\"ff4 ls0 ws37\"> conce<span class=\"_ _5\"/>rne<span class=\"_ _5\"/>nt l\u2019<span class=\"_ _d\"/>e \u2013 ful<span class=\"_ _5\"/>film<span class=\"_ _5\"/>ent tr<span class=\"_ _5\"/>ansf<span class=\"_ _5\"/>ront<span class=\"_ _5\"/>alier p<span class=\"_ _5\"/>our les b<span class=\"_ _5\"/>outi<span class=\"_ _5\"/>ques e<span class=\"_ _5\"/>n ligne, y co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s le sto<span class=\"_ _5\"/>ckage, la co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>te, l\u2019embal<span class=\"ws0\">-</span></span></span></span></div>\n<div class=\"t m0 x2a h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lage, l<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>spor<span class=\"_ _5\"/>t e<span class=\"_ _5\"/>t la ges<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s reto<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 ls52 ws63\">AMP</span> es<span class=\"_ _5\"/>t un ac<span class=\"_ _5\"/>teur de pr<span class=\"_ _5\"/>emie<span class=\"_ _5\"/>r plan sur le m<span class=\"_ _5\"/>arch\u00e9 b<span class=\"_ _5\"/>elge de la d<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ion de la p<span class=\"_ _5\"/>res<span class=\"_ _5\"/>se ave<span class=\"_ _5\"/>c un gran<span class=\"_ _5\"/>d nomb<span class=\"_ _5\"/>re de poi<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e vente de<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vis et</div>\n<div class=\"t m0 x2a h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un gr<span class=\"_ _5\"/>and no<span class=\"_ _5\"/>mbre de t<span class=\"_ _5\"/>itre<span class=\"_ _5\"/>s dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t m0 x5 h7 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>L<span class=\"_ _3b\"/>'ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9 de <span class=\"ff5 ls35 ws3b\">Apple</span> <span class=\"ff5 ls35 ws3b\">Express Courier (<span class=\"_ _d\"/>Miami)<span class=\"ff4 ls0 ws0\"> et de </span>Apple<span class=\"ff4 ls0 ws0\"> </span><span class=\"ls4e ws5d\">Express<span class=\"ff4 ls0 ws0\"> </span></span>Courier (<span class=\"_ _d\"/>Canada)<span class=\"_ _d\"/><span class=\"ff4 ls0 ws0\"> so<span class=\"_ _5\"/>nt des e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es de log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ique et d<span class=\"_ _5\"/>e cha\u00eene d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ap<span class=\"_ _5\"/>-</span></span></div>\n<div class=\"t m0 x2a h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt sp\u00e9<span class=\"_ _5\"/>cialis<span class=\"_ _5\"/>\u00e9es da<span class=\"_ _5\"/>ns le tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t rapi<span class=\"_ _5\"/>de et sp<span class=\"_ _5\"/>\u00e9cial<span class=\"_ _5\"/>is\u00e9 hau<span class=\"_ _5\"/>t de gamm<span class=\"_ _5\"/>e et les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s d\u2019entre<span class=\"_ _5\"/>posag<span class=\"_ _5\"/>e, aller e<span class=\"_ _5\"/>t retour \u00e0 v<span class=\"_ _5\"/>aleur</div>\n<div class=\"t m0 x2a h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ajou<span class=\"_ _5\"/>t\u00e9e, e<span class=\"_ _5\"/>t ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce de livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n au der<span class=\"_ _5\"/>nier k<span class=\"_ _5\"/>ilom\u00e8<span class=\"_ _5\"/>tre au C<span class=\"_ _5\"/>anada<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 ls33 ws7a\">bpost</span> <span class=\"ff5 ls33 ws7a\">Singapo<span class=\"_ _5\"/>re</span> et <span class=\"ff7\">bpos<span class=\"_ _5\"/>t Ho<span class=\"_ _5\"/>ng Kong</span> fo<span class=\"_ _5\"/>urnis<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>t un \u00e9vent<span class=\"_ _5\"/>ail comp<span class=\"_ _5\"/>let de s<span class=\"_ _5\"/>olutio<span class=\"_ _5\"/>ns de liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on et d<span class=\"_ _5\"/>e logis<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>, en ce comp<span class=\"_ _5\"/>ris le tr<span class=\"_ _5\"/>aite<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t des pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s et du co<span class=\"_ _5\"/>urri<span class=\"_ _5\"/>er tra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>ronta<span class=\"_ _5\"/>lier<span class=\"_ _5\"/>s et le ful<span class=\"_ _5\"/>film<span class=\"_ _5\"/>ent de l\u2019e \u2013 comme<span class=\"_ _5\"/>rce. Elle<span class=\"_ _5\"/>s se cons<span class=\"_ _5\"/>acre<span class=\"_ _5\"/>nt sur<span class=\"_ _5\"/>tout \u00e0 la co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>te dire<span class=\"_ _5\"/>cte de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">paq<span class=\"_ _5\"/>uet<span class=\"_ _5\"/>s prove<span class=\"_ _5\"/>nant des s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9s d'e \u2013 comm<span class=\"_ _5\"/>erce et de<span class=\"_ _5\"/>s entr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises d'ou<span class=\"_ _5\"/>tre \u2013 Atla<span class=\"_ _5\"/>ntiqu<span class=\"_ _5\"/>e en vue d<span class=\"_ _5\"/>e leur liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on en Euro<span class=\"_ _5\"/>pe et da<span class=\"_ _5\"/>ns d'autre<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h7 y60 ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">r\u00e9gions. <span class=\"ff5 ls33 ws7a\">bpost Internat<span class=\"_ _5\"/>ional Logistics (Beijing)</span><span class=\"ls0 ws0\"> <span class=\"ff5 ls37 ws3f\">Co</span>. es<span class=\"_ _5\"/>t une f<span class=\"_ _5\"/>iliale de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t Hong Ko<span class=\"_ _5\"/>ng, \u00e9t<span class=\"_ _5\"/>ablie \u00e0 B<span class=\"_ _5\"/>eijin<span class=\"_ _5\"/>g (P\u00e9kin, C<span class=\"_ _5\"/>hine). Cet<span class=\"_ _5\"/>te so<span class=\"_ _5\"/>ci\u00e9t\u00e9 off<span class=\"_ _5\"/>re </span></div>\n<div class=\"t m0 x2a h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une g<span class=\"_ _5\"/>amme com<span class=\"_ _5\"/>pl\u00e8te de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s tra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>ronta<span class=\"_ _5\"/>lier<span class=\"_ _5\"/>s de dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>e paque<span class=\"_ _5\"/>ts a<span class=\"_ _5\"/>ux cy<span class=\"_ _5\"/>ber<span class=\"_ _5\"/>marcha<span class=\"_ _5\"/>nds et a<span class=\"_ _5\"/>ux cons<span class=\"_ _5\"/>olidate<span class=\"_ _5\"/>urs chi<span class=\"_ _5\"/>nois<span class=\"_ _5\"/>, en met-</div>\n<div class=\"t m0 x2a h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>t for<span class=\"_ _5\"/>teme<span class=\"_ _5\"/>nt l'accent sur l<span class=\"_ _5\"/>a livr<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>e paque<span class=\"_ _5\"/>ts a<span class=\"_ _5\"/>ux ach<span class=\"_ _5\"/>eteur<span class=\"_ _5\"/>s d'Europ<span class=\"_ _5\"/>e et du re<span class=\"_ _5\"/>ste du m<span class=\"_ _5\"/>onde<span class=\"_ _5\"/>. Elle es<span class=\"_ _5\"/>t sur<span class=\"_ _5\"/>tout ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ve \u00e0 P\u00e9kin<span class=\"_ _5\"/>, Shang<span class=\"_ _5\"/>hai et</div>\n<div class=\"t m0 x2a h8 y63 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Shenzhen.</div>\n<div class=\"t m0 x5 h7 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls40 ws62\">DynaGroup</span> pro<span class=\"_ _5\"/>pose u<span class=\"_ _5\"/>ne gamm<span class=\"_ _5\"/>e de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices e<span class=\"_ _5\"/>t de logic<span class=\"_ _5\"/>iels l<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s allant d<span class=\"_ _5\"/>e la r\u00e9pa<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>n des ap<span class=\"_ _5\"/>parei<span class=\"_ _5\"/>ls \u00e9le<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>roniqu<span class=\"_ _5\"/>es (des sm<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t<span class=\"_ _d\"/>-</div>\n<div class=\"t m0 x2a h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pho<span class=\"_ _5\"/>nes e<span class=\"_ _5\"/>t des dro<span class=\"_ _5\"/>nes au<span class=\"_ _5\"/>x machin<span class=\"_ _5\"/>es \u00e0 caf<span class=\"_ _5\"/>\u00e9) \u00e0 des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>sonna<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s de livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n d'e \u2013 commer<span class=\"_ _5\"/>ce. Ce, ta<span class=\"_ _5\"/>nt pour d<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uits (te<span class=\"_ _5\"/>ls</div>\n<div class=\"t m0 x2a h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que le<span class=\"_ _5\"/>s smar<span class=\"_ _5\"/>tp<span class=\"_ _5\"/>hone<span class=\"_ _5\"/>s) que pour d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de gr<span class=\"_ _5\"/>ande co<span class=\"_ _5\"/>nsomm<span class=\"_ _5\"/>ation (comm<span class=\"_ _5\"/>e la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on et l\u2019in<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>llatio<span class=\"_ _5\"/>n de gra<span class=\"_ _5\"/>nds t\u00e9l\u00e9<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>, de ma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">chin<span class=\"_ _5\"/>es \u00e0 laver e<span class=\"_ _5\"/>t de me<span class=\"_ _5\"/>ubles). Dy<span class=\"_ _5\"/>naGro<span class=\"_ _5\"/>up four<span class=\"_ _5\"/>nit \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s s\u00fbrs e<span class=\"_ _5\"/>t fiab<span class=\"_ _5\"/>les au<span class=\"_ _5\"/>x gouver<span class=\"_ _5\"/>nem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et aux i<span class=\"_ _5\"/>nsti<span class=\"_ _5\"/>tutio<span class=\"_ _5\"/>ns f<span class=\"_ _5\"/>inanci\u00e8<span class=\"_ _5\"/>res<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x2a h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>e la livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n de pas<span class=\"_ _5\"/>sep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t la fi<span class=\"_ _5\"/>nalisa<span class=\"_ _5\"/>tion de co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts au d<span class=\"_ _5\"/>omicile d<span class=\"_ _5\"/>u client<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ws48\">Eur<span class=\"_ _5\"/>o <span class=\"_ _d\"/>\u2013 Spr<span class=\"_ _5\"/>inte<span class=\"_ _5\"/>rs<span class=\"ff4 ws0\"> g\u00e8r<span class=\"_ _5\"/>e le r\u00e9s<span class=\"_ _5\"/>eau de log<span class=\"_ _5\"/>isti<span class=\"_ _5\"/>ques s<span class=\"_ _5\"/>p\u00e9cia<span class=\"_ _5\"/>les de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t, incl<span class=\"_ _5\"/>uant pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n expr<span class=\"_ _5\"/>ess p<span class=\"_ _5\"/>eu imp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>te la </span></span></div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tai<span class=\"_ _5\"/>lle, 7 jour<span class=\"_ _5\"/>s sur 7<span class=\"_ _d\"/>, 24 heu<span class=\"_ _5\"/>res sur 24, t<span class=\"_ _5\"/>ant en B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>que qu\u2019\u00e0 l\u2019<span class=\"_ _d\"/>\u00e9t<span class=\"_ _5\"/>range<span class=\"_ _5\"/>r<span class=\"_ _d\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 395px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h7 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ws4a\">Frei<span class=\"_ _5\"/>ght 4U Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics</span> e<span class=\"_ _5\"/>st un<span class=\"_ _5\"/>e entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e de manu<span class=\"_ _5\"/>tenti<span class=\"_ _5\"/>on au so<span class=\"_ _5\"/>l situ\u00e9<span class=\"_ _5\"/>e pr\u00e8s d<span class=\"_ _5\"/>es a\u00e9r<span class=\"_ _5\"/>opor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s de Br<span class=\"_ _5\"/>uxe<span class=\"_ _5\"/>lles et L<span class=\"_ _5\"/>i\u00e8ge. S<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices in<span class=\"_ _5\"/>cluen<span class=\"_ _5\"/>t le</div>\n<div class=\"t m0 x2a h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9p<span class=\"_ _5\"/>annage du f<span class=\"_ _5\"/>ret<span class=\"_ _5\"/>, le tri e<span class=\"_ _5\"/>t le trai<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t du fre<span class=\"_ _5\"/>t, les a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s douani<span class=\"_ _5\"/>\u00e8res d<span class=\"_ _5\"/>\u2019impor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xpor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t le tra<span class=\"_ _5\"/>nsit du f<span class=\"_ _5\"/>ret<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ws48\">Frei<span class=\"_ _5\"/>ght Dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion Man<span class=\"_ _5\"/>agem<span class=\"_ _5\"/>ent Syst<span class=\"_ _5\"/>ems</span> et <span class=\"ff7 ws48\">F<span class=\"_ _5\"/>DM Ware<span class=\"_ _5\"/>hous<span class=\"_ _5\"/>ing</span><span class=\"ls58 ws69\"> sont s<span class=\"_ _d\"/>p\u00e9cial<span class=\"_ _d\"/>is\u00e9es d<span class=\"_ _d\"/>ans l<span class=\"_ _d\"/>es services c<span class=\"_ _d\"/>lien<span class=\"_ _d\"/>ts personnal<span class=\"_ _d\"/>is\u00e9s d<span class=\"_ _d\"/>ans l<span class=\"_ _d\"/>es </span></div>\n<div class=\"t m0 x2a h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>urs de l'ent<span class=\"_ _5\"/>repo<span class=\"_ _5\"/>sage, du t<span class=\"_ _5\"/>raite<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>t de la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s en Aus<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>lie et en N<span class=\"_ _5\"/>ouve<span class=\"_ _5\"/>lle Z\u00e9lan<span class=\"_ _5\"/>de. La l<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tique p<span class=\"_ _5\"/>our de t<span class=\"_ _5\"/>ierce<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>es (3PL po<span class=\"_ _5\"/>ur Third P<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ty L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s<span class=\"_ _d\"/>), l'entre<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>ge, le tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t et la dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on sont l<span class=\"_ _5\"/>eurs a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h7 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls35 ws3b\">IMX</span> es<span class=\"_ _5\"/>t un pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>aire de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on inter<span class=\"_ _5\"/>nati<span class=\"_ _5\"/>onale ba<span class=\"_ _5\"/>s\u00e9 \u00e0 Par<span class=\"_ _5\"/>is qui off<span class=\"_ _5\"/>re une ga<span class=\"_ _5\"/>mme comp<span class=\"_ _5\"/>l\u00e8te de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de livr<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>on dans le</div>\n<div class=\"t m0 x2a h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>de ent<span class=\"_ _5\"/>ier<span class=\"_ _d\"/>. Gr<span class=\"_ _5\"/>\u00e2ce \u00e0 se<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tena<span class=\"_ _5\"/>ires et \u00e0 s<span class=\"_ _5\"/>es acco<span class=\"_ _5\"/>rds ave<span class=\"_ _5\"/>c plus de 20<span class=\"_ _5\"/>0 lead<span class=\"_ _5\"/>ers de l<span class=\"_ _5\"/>a livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n du der<span class=\"_ _5\"/>nier ki<span class=\"_ _5\"/>lom\u00e8t<span class=\"_ _5\"/>re, IMX o<span class=\"_ _5\"/>ffre un<span class=\"_ _5\"/>e gran<span class=\"_ _5\"/>de</div>\n<div class=\"t m0 x2a h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">var<span class=\"_ _5\"/>i\u00e9t\u00e9 de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on (colis<span class=\"_ _5\"/>, let<span class=\"_ _5\"/>tres<span class=\"_ _5\"/>, publ<span class=\"_ _5\"/>icati<span class=\"_ _5\"/>ons de pr<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>e, envo<span class=\"_ _5\"/>is suiv<span class=\"_ _5\"/>is, li<span class=\"_ _5\"/>vrai<span class=\"_ _5\"/>son ave<span class=\"_ _5\"/>c signatu<span class=\"_ _5\"/>re, reto<span class=\"_ _5\"/>ur de marc<span class=\"_ _5\"/>handis<span class=\"_ _5\"/>es<span class=\"_ _5\"/>, etc.) \u00e0</div>\n<div class=\"t m0 x2a h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un co\u00fbt o<span class=\"_ _5\"/>ptimi<span class=\"_ _5\"/>s\u00e9 d\u00e8s l<span class=\"_ _5\"/>e premi<span class=\"_ _5\"/>er envoi<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 yae ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls35 ws3b\">Landmark</span> <span class=\"ff5 ls35 ws3b\">Global</span><span class=\"wsd\"> et <span class=\"ff7 ls35 ws3b\">Landmark</span></span> <span class=\"ff5 lsed ws10f\">Tr<span class=\"_ _5\"/>a<span class=\"_ _5\"/>d<span class=\"_ _5\"/>e<span class=\"_ _5\"/></span> <span class=\"ff7 lsc ws35\">Ser<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s</span><span class=\"wsd\"> sont lea<span class=\"_ _5\"/>der<span class=\"_ _5\"/>s du march<span class=\"_ _5\"/>\u00e9 inter<span class=\"_ _5\"/>nation<span class=\"_ _5\"/>al du tr<span class=\"_ _5\"/>aiteme<span class=\"_ _5\"/>nt des p<span class=\"_ _5\"/>aquet<span class=\"_ _5\"/>s<span class=\"_ _5\"/>, resp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tivem<span class=\"_ _5\"/>ent au<span class=\"_ _5\"/>x \u00c9tat<span class=\"_ _5\"/>s </span></div>\n<div class=\"t m0 x2a h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2013 Unis e<span class=\"_ _5\"/>t au Cana<span class=\"_ _5\"/>da. Ce<span class=\"_ _5\"/>s enti<span class=\"_ _5\"/>t\u00e9s se con<span class=\"_ _5\"/>centr<span class=\"_ _5\"/>ent sur<span class=\"_ _5\"/>tou<span class=\"_ _5\"/>t sur la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n des pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s comma<span class=\"_ _5\"/>nd\u00e9s v<span class=\"_ _5\"/>ia l'e \u2013 commer<span class=\"_ _5\"/>ce aupr\u00e8<span class=\"_ _5\"/>s de cy<span class=\"_ _5\"/>ber<span class=\"_ _5\"/>mar-</div>\n<div class=\"t m0 x2a h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">chan<span class=\"_ _5\"/>ds bas<span class=\"_ _5\"/>\u00e9s aux \u00c9t<span class=\"_ _5\"/>ats \u2013 Un<span class=\"_ _5\"/>is ver<span class=\"_ _5\"/>s le Cana<span class=\"_ _5\"/>da, l\u2019Eur<span class=\"_ _5\"/>ope, l\u2019Aus<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>lie et A<span class=\"_ _5\"/>m\u00e9r<span class=\"_ _5\"/>ique lat<span class=\"_ _5\"/>ine. Elle<span class=\"_ _5\"/>s offre<span class=\"_ _5\"/>nt, en o<span class=\"_ _5\"/>utre, \u00e0 l<span class=\"_ _5\"/>eurs c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>s e \u2013 comme<span class=\"_ _5\"/>rce,</div>\n<div class=\"t m0 x2a h8 yb0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dive<span class=\"_ _5\"/>rs se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e fulf<span class=\"_ _5\"/>ilme<span class=\"_ _5\"/>nt en plus<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s endro<span class=\"_ _5\"/>its d<span class=\"_ _5\"/>es \u00c9tat<span class=\"_ _5\"/>s \u2013 Unis e<span class=\"_ _5\"/>t au Cana<span class=\"_ _5\"/>da.</div>\n<div class=\"t m0 x5 h7 yb1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7\">La<span class=\"_ _5\"/>ndma<span class=\"_ _5\"/>rk Gl<span class=\"_ _5\"/>obal (UK<span class=\"_ _5\"/>) </span>est u<span class=\"_ _5\"/>ne soc<span class=\"_ _5\"/>i\u00e9t\u00e9 br<span class=\"_ _5\"/>itan<span class=\"_ _5\"/>nique de co<span class=\"_ _5\"/>urr<span class=\"_ _5\"/>ier<span class=\"_ _d\"/>, pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s et tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s fourn<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ant des s<span class=\"_ _5\"/>oluti<span class=\"_ _5\"/>ons de lo<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s global<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x2a h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur le ma<span class=\"_ _5\"/>rch\u00e9 au R<span class=\"_ _5\"/>oyaume \u2013 U<span class=\"_ _5\"/>ni. Situ<span class=\"_ _5\"/>\u00e9e pr\u00e8<span class=\"_ _5\"/>s de l'a\u00e9ro<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t de He<span class=\"_ _5\"/>athrow, La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k Globa<span class=\"_ _5\"/>l (UK) a une in<span class=\"_ _5\"/>fras<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ure, pla<span class=\"_ _5\"/>c\u00e9e so<span class=\"_ _5\"/>us contr<span class=\"_ _5\"/>\u00f4le</div>\n<div class=\"t m0 x2a h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">doua<span class=\"_ _5\"/>nier, habilit\u00e9<span class=\"_ _5\"/>e \u00e0 prop<span class=\"_ _5\"/>oser d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e d\u00e9do<span class=\"_ _5\"/>uanem<span class=\"_ _5\"/>ent et d<span class=\"_ _5\"/>e contr\u00f4<span class=\"_ _5\"/>le de s\u00e9<span class=\"_ _5\"/>curit\u00e9 p<span class=\"_ _5\"/>ar rayo<span class=\"_ _5\"/>ns X. L<span class=\"_ _5\"/>andma<span class=\"_ _5\"/>rk Glo<span class=\"_ _5\"/>bal (UK) o<span class=\"_ _5\"/>p\u00e8re e<span class=\"_ _5\"/>n tant</div>\n<div class=\"t m0 x2a h8 yb4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que pa<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>relle d'ent<span class=\"_ _5\"/>r\u00e9e e<span class=\"_ _5\"/>t de sor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie pour d'aut<span class=\"_ _5\"/>res en<span class=\"_ _5\"/>tit\u00e9s d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t dans le m<span class=\"_ _5\"/>onde e<span class=\"_ _5\"/>ntier.</div>\n<div class=\"t m0 x5 h7 y202 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7\">La<span class=\"_ _5\"/>ndma<span class=\"_ _5\"/>rk T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices (UK<span class=\"_ _5\"/><span class=\"ff4\">) four<span class=\"_ _5\"/>nit des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s d'impo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n pour le<span class=\"_ _5\"/>s march<span class=\"_ _5\"/>andis<span class=\"_ _5\"/>es ar<span class=\"_ _5\"/>riva<span class=\"_ _5\"/>nt au Roya<span class=\"_ _5\"/>ume \u2013 Uni. S<span class=\"_ _5\"/>on emp<span class=\"_ _5\"/>laceme<span class=\"_ _5\"/>nt, </span></span></div>\n<div class=\"t m0 x2a h8 y203 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 prox<span class=\"_ _5\"/>imit\u00e9 de l'a\u00e9r<span class=\"_ _5\"/>opor<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>e Londre<span class=\"_ _5\"/>s Heat<span class=\"_ _5\"/>hrow, en fa<span class=\"_ _5\"/>it un endr<span class=\"_ _5\"/>oit id\u00e9a<span class=\"_ _5\"/>l pour le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices d'imp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion par vo<span class=\"_ _5\"/>ie a\u00e9r<span class=\"_ _5\"/>ienne e<span class=\"_ _5\"/>ntre le<span class=\"_ _5\"/>s \u00c9tat<span class=\"_ _5\"/>s \u2013</div>\n<div class=\"t m0 x2a h8 y204 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Unis e<span class=\"_ _5\"/>t le Royaum<span class=\"_ _5\"/>e \u2013 Uni.</div>\n<div class=\"t m0 x5 h7 y205 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 ls7 ws8\">Leen</span> <span class=\"ff7 ws48\">Men<span class=\"_ _5\"/>ken Foods<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice Lo<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s</span> est u<span class=\"_ _5\"/>n op\u00e9r<span class=\"_ _5\"/>ateur lo<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>ique as<span class=\"_ _5\"/>suma<span class=\"_ _5\"/>nt le sto<span class=\"_ _5\"/>ckage, l<span class=\"_ _5\"/>a logis<span class=\"_ _5\"/>tique e<span class=\"_ _5\"/>t la dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n de prod<span class=\"_ _5\"/>uit<span class=\"_ _5\"/>s r\u00e9fr<span class=\"_ _5\"/>ig\u00e9-</div>\n<div class=\"t m0 x2a h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9s e<span class=\"_ _5\"/>t congel<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r l\u2019<span class=\"_ _d\"/>e \u2013 comm<span class=\"_ _5\"/>erce.</div>\n<div class=\"t m0 x5 h7 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipales a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s de <span class=\"ff5 ls40 ws62\">Radial</span> <span class=\"ff7 ls52\">Netherlands</span> repos<span class=\"_ _5\"/>ent sur d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d'im<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>st<span class=\"_ _5\"/>in\u00e9s au<span class=\"_ _5\"/>x client<span class=\"_ _5\"/>s am<span class=\"_ _5\"/>\u00e9ric<span class=\"_ _5\"/>ains qui c<span class=\"_ _5\"/>herch<span class=\"_ _5\"/>ent \u00e0</div>\n<div class=\"t m0 x2a h8 y208 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ven<span class=\"_ _5\"/>dre leur<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uit<span class=\"_ _5\"/>s en Europ<span class=\"_ _5\"/>e. Ces s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s inclu<span class=\"_ _5\"/>ent le d\u00e9<span class=\"_ _5\"/>douan<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>, le sto<span class=\"_ _5\"/>ckage<span class=\"_ _5\"/>, l'<span class=\"_ _d\"/>enl<span class=\"_ _5\"/>\u00e8veme<span class=\"_ _5\"/>nt et l'embal<span class=\"_ _5\"/>lage et la li<span class=\"_ _5\"/>vra<span class=\"_ _5\"/>ison du d<span class=\"_ _5\"/>erni<span class=\"_ _5\"/>er</div>\n<div class=\"t m0 x2a h8 y209 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">kilo<span class=\"_ _5\"/>m\u00e8tr<span class=\"_ _5\"/>e. Lan<span class=\"_ _5\"/>dmar<span class=\"_ _5\"/>k T<span class=\"_ _1\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices (Ne<span class=\"_ _5\"/>the<span class=\"_ _5\"/>rlan<span class=\"_ _5\"/>ds) fourni<span class=\"_ _5\"/>t ess<span class=\"_ _5\"/>enti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent des co<span class=\"_ _5\"/>nsei<span class=\"_ _5\"/>ls aux n<span class=\"_ _5\"/>ouvea<span class=\"_ _5\"/>ux clie<span class=\"_ _5\"/>nts a<span class=\"_ _5\"/>m\u00e9ri<span class=\"_ _5\"/>cains da<span class=\"_ _5\"/>ns le ca<span class=\"_ _5\"/>dre de</div>\n<div class=\"t m0 x2a h8 y20a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'intr<span class=\"_ _5\"/>oduc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e leur<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uits e<span class=\"_ _5\"/>n Europ<span class=\"_ _5\"/>e. Cet<span class=\"_ _5\"/>te consu<span class=\"_ _5\"/>ltance co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>ne tan<span class=\"_ _5\"/>t les sy<span class=\"_ _5\"/>st\u00e8<span class=\"_ _5\"/>mes de d<span class=\"_ _5\"/>ouane<span class=\"_ _5\"/>s et de T<span class=\"_ _5\"/>VA<span class=\"_ _5\"/>, que l'enre<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>reme<span class=\"_ _5\"/>nt des</div>\n<div class=\"t m0 x2a h8 y20b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s diver<span class=\"_ _5\"/>s pays Eur<span class=\"_ _5\"/>op\u00e9e<span class=\"_ _5\"/>ns.</div>\n<div class=\"t m0 x5 h7 y3ce ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipales a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s de <span class=\"ff5 ls40 ws62\">Radial</span> <span class=\"ff5 ls37 ws3f\">Poland</span> son<span class=\"_ _5\"/>t le fulf<span class=\"_ _5\"/>ilmen<span class=\"_ _5\"/>t, la log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ique et la d<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ion. Ell<span class=\"_ _5\"/>e agit en t<span class=\"_ _5\"/>ant que p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tenaire d<span class=\"_ _5\"/>ans la log<span class=\"_ _5\"/>is-</div>\n<div class=\"t m0 x2a h8 y3cf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiq<span class=\"_ _5\"/>ue et la dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on aupr\u00e8<span class=\"_ _5\"/>s de so<span class=\"_ _5\"/>ci\u00e9t\u00e9<span class=\"_ _5\"/>s de vente d<span class=\"_ _5\"/>irec<span class=\"_ _5\"/>te en Euro<span class=\"_ _5\"/>pe de l'Ou<span class=\"_ _5\"/>es<span class=\"_ _5\"/>t, Cent<span class=\"_ _5\"/>rale e<span class=\"_ _5\"/>t de l'Es<span class=\"_ _5\"/>t.</div>\n<div class=\"t m0 x5 h7 y3d0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les e<span class=\"_ _5\"/>ntit\u00e9<span class=\"_ _5\"/>s am\u00e9r<span class=\"_ _5\"/>icai<span class=\"_ _5\"/>nes et e<span class=\"_ _5\"/>urop<span class=\"_ _5\"/>\u00e9enn<span class=\"_ _5\"/>es de <span class=\"ff5 ls40 ws62\">Radial</span> comm<span class=\"_ _5\"/>erciali<span class=\"_ _5\"/>sent un<span class=\"_ _5\"/>e large g<span class=\"_ _5\"/>amme d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces couv<span class=\"_ _5\"/>rant l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>nsem<span class=\"_ _5\"/>ble de la ch<span class=\"_ _5\"/>a\u00eene log<span class=\"_ _5\"/>is-</div>\n<div class=\"t m0 x2a h8 y784 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiq<span class=\"_ _5\"/>ue de l\u2019e \u2013 commer<span class=\"_ _5\"/>ce. Les s<span class=\"_ _5\"/>oluti<span class=\"_ _5\"/>ons omni<span class=\"_ _5\"/>canale<span class=\"_ _5\"/>s tech<span class=\"_ _5\"/>nolog<span class=\"_ _5\"/>iques e<span class=\"_ _5\"/>t puis<span class=\"_ _5\"/>sante<span class=\"_ _5\"/>s de Rad<span class=\"_ _5\"/>ial font le li<span class=\"_ _5\"/>en ent<span class=\"_ _5\"/>re l'<span class=\"_ _d\"/>off<span class=\"_ _5\"/>re et la d<span class=\"_ _5\"/>emand<span class=\"_ _5\"/>e \u00e0 trave<span class=\"_ _5\"/>rs</div>\n<div class=\"t m0 x2a h8 y785 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des o<span class=\"_ _5\"/>ptio<span class=\"_ _5\"/>ns de fulf<span class=\"_ _5\"/>ilm<span class=\"_ _5\"/>ent et de l<span class=\"_ _5\"/>ivra<span class=\"_ _5\"/>ison e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>caces<span class=\"_ _5\"/>, des s<span class=\"_ _5\"/>ys<span class=\"_ _5\"/>t\u00e8me<span class=\"_ _5\"/>s intellig<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de paie<span class=\"_ _5\"/>ment et d<span class=\"_ _5\"/>e prote<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on contr<span class=\"_ _5\"/>e la fra<span class=\"_ _5\"/>ude et d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices \u00e0</div>\n<div class=\"t m0 x2a h8 y8e5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la cli<span class=\"_ _5\"/>ent\u00e8le p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnali<span class=\"_ _5\"/>s\u00e9s<span class=\"_ _5\"/>, per<span class=\"_ _5\"/>met<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>t aux marq<span class=\"_ _5\"/>ues de s<span class=\"_ _5\"/>implif<span class=\"_ _5\"/>ier le<span class=\"_ _5\"/>ur exp<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>ence \u201cpos<span class=\"_ _5\"/>t \u2013 clic<span class=\"_ _5\"/>k\u201d et d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>am\u00e9<span class=\"_ _5\"/>liore<span class=\"_ _5\"/>r leur se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice \u00e0 la cli<span class=\"_ _5\"/>ent\u00e8le<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y8e6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 lsa9 wsbf\">Speos</span> <span class=\"ff5 ls4e ws5d\">Belgium</span> g\u00e8re le<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de docu<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s sor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s de se<span class=\"_ _5\"/>s client<span class=\"_ _5\"/>s et e<span class=\"_ _5\"/>st sp<span class=\"_ _5\"/>\u00e9cial<span class=\"_ _5\"/>is\u00e9e d<span class=\"_ _5\"/>ans l\u2019ext<span class=\"_ _5\"/>ernal<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>ocume<span class=\"_ _5\"/>nts f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x2a h8 ye18 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">admi<span class=\"_ _5\"/>nist<span class=\"_ _5\"/>ratif<span class=\"_ _5\"/>s, te<span class=\"_ _5\"/>ls que l<span class=\"_ _5\"/>es fac<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>es, re<span class=\"_ _5\"/>lev\u00e9<span class=\"_ _5\"/>s banca<span class=\"_ _5\"/>ires e<span class=\"_ _5\"/>t fich<span class=\"_ _5\"/>es de pa<span class=\"_ _5\"/>ie. Ces s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces inclu<span class=\"_ _5\"/>ent la cr<span class=\"_ _5\"/>\u00e9ation d<span class=\"_ _5\"/>e docum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s, l\u2019im<span class=\"_ _5\"/>pres<span class=\"_ _5\"/>sion e<span class=\"_ _5\"/>t la</div>\n<div class=\"t m0 x2a h8 y8e7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mis<span class=\"_ _5\"/>e sous p<span class=\"_ _5\"/>li, la diff<span class=\"_ _5\"/>usion p<span class=\"_ _5\"/>ar voie \u00e9le<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>roniq<span class=\"_ _5\"/>ue et l\u2019archi<span class=\"_ _5\"/>vage.</div>\n<div class=\"t m0 x82 hc ye19 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PAR<span class=\"_ _5\"/>TAGE D<span class=\"_ _5\"/>ES DR<span class=\"_ _5\"/>OIT<span class=\"_ _5\"/>S DE VO<span class=\"_ _5\"/>TE EN %<span class=\"_ _a5\"> </span><span class=\"ls48 ws56\">PAYS<span class=\"_ _d\"/> D'INCORPORATION</span></div>\n<div class=\"t m0 x7 hc ye1a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NOM<span class=\"_ _144\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _129\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ye1b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x8c he ye1c ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye1d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _27\"> </span><span class=\"ls4d ws5b\">50%</span></div>\n<div class=\"t m0 x164 hd ye1e ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye1f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jof<span class=\"_ _5\"/>ico C<span class=\"_ _5\"/>V<span class=\"_ _217\"> </span><span class=\"ls18 ws1a\">20<span class=\"_ _5\"/>%<span class=\"_ _129\"> </span>20%</span></div>\n<div class=\"t m0 x164 hd ye20 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 434px; height: 648px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x82 hc y925 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PAR<span class=\"_ _5\"/>TAGE D<span class=\"_ _5\"/>ES DR<span class=\"_ _5\"/>OIT<span class=\"_ _5\"/>S DE VO<span class=\"_ _5\"/>TE EN %<span class=\"_ _a5\"> </span><span class=\"ls48 ws56\">PAYS<span class=\"_ _d\"/> D'INCORPORATION</span></div>\n<div class=\"t m0 x7 hc ybec ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NOM<span class=\"_ _144\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _129\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ye21 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Alt<span class=\"_ _5\"/>eris S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x173 hd ye22 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye21 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye23 ff4 fs8 fc2 sc0 lsba wsda\" style=\"z-index: 15;\">Certi<span class=\"_ _d\"/>post<span class=\"_ _d\"/> SA</div>\n<div class=\"t m0 x173 hd ye24 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye23 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye25 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Euro \u2013 S<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>nter<span class=\"_ _5\"/>s SA</div>\n<div class=\"t m0 x173 hd ye26 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye25 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye27 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial Pol<span class=\"_ _5\"/>and Sp z o.<span class=\"_ _5\"/>o.<span class=\"_ _22d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0%</span></div>\n<div class=\"t m0 x77 hd ye28 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Pologne</div>\n<div class=\"t m0 x7 hd ye29 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Sp<span class=\"_ _5\"/>eos B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>um SA</div>\n<div class=\"t m0 x173 hd ye2a ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye29 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye2b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k Glo<span class=\"_ _5\"/>bal (UK<span class=\"_ _5\"/>) Ltd<span class=\"_ _167\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 xf4 hd ye2c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Royaume<span class=\"_ _5\"/>-Uni</div>\n<div class=\"t m0 x7 hd ye2d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost H<span class=\"_ _5\"/>ong Kon<span class=\"_ _5\"/>g Ltd<span class=\"_ _22e\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>0%<span class=\"_ _30\"> </span><span class=\"ls2c ws2e\">Ho<span class=\"_ _5\"/>ng<span class=\"_ _d\"/> Kong</span></span></div>\n<div class=\"t m0 x7 hd ye2e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost S<span class=\"_ _5\"/>ingap<span class=\"_ _5\"/>ore P<span class=\"_ _5\"/>te. Ltd<span class=\"_ _289\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x9d hd ye2f ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Singapo<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x7 hd ye30 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">bpos<span class=\"_ _5\"/>t Int<span class=\"_ _d\"/>er<span class=\"_ _5\"/>national Logistic<span class=\"_ _5\"/>s (Beijing) CO Ltd<span class=\"_ _229\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x5d hd ye31 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Chine</div>\n<div class=\"t m0 x7 hd ye32 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost US H<span class=\"_ _5\"/>oldin<span class=\"_ _5\"/>gs, I<span class=\"_ _5\"/>nc<span class=\"_ _22d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye33 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye34 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Landmark Global, Inc<span class=\"_ _22b\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye35 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye36 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s, Ltd<span class=\"_ _61\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _17e\"> </span><span class=\"ls5a ws6e\">Cana<span class=\"_ _5\"/>da</span></span></div>\n<div class=\"t m0 x7 hd ye37 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Netherlands B.V<span class=\"_ _1\"/>.<span class=\"_ _5f\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye38 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye39 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s (Net<span class=\"_ _5\"/>her<span class=\"_ _5\"/>land<span class=\"_ _5\"/>s<span class=\"_ _d\"/>) BV<span class=\"_ _249\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye3a ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye3b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s (UK) Lt<span class=\"_ _5\"/>d<span class=\"_ _22a\"> </span><span class=\"ls2b ws2d\">100,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 xf4 hd ye3c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Royaume<span class=\"_ _5\"/>-Uni</div>\n<div class=\"t m0 x7 hd ye3d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ap<span class=\"_ _5\"/>ple E<span class=\"_ _5\"/>xpre<span class=\"_ _5\"/>ss C<span class=\"_ _5\"/>ouri<span class=\"_ _5\"/>er, Inc<span class=\"_ _178\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x193 hd ye3e ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye3f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ap<span class=\"_ _5\"/>ple E<span class=\"_ _5\"/>xpre<span class=\"_ _5\"/>ss C<span class=\"_ _5\"/>ouri<span class=\"_ _5\"/>er, Ltd<span class=\"_ _180\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _be\"> </span><span class=\"ls5a ws6e\">C<span class=\"_ _5\"/>anada</span></span></div>\n<div class=\"t m0 x7 hd ye40 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frei<span class=\"_ _5\"/>ght Di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion Ma<span class=\"_ _5\"/>nagem<span class=\"_ _5\"/>ent Sy<span class=\"_ _5\"/>stem<span class=\"_ _5\"/>s PT<span class=\"_ _5\"/>Y, Ltd<span class=\"_ _120\"> </span><span class=\"ls2b ws2d\">100,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye41 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Austr<span class=\"_ _5\"/>alie</div>\n<div class=\"t m0 x7 hd ye42 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FDM Wa<span class=\"_ _5\"/>reh<span class=\"_ _5\"/>ousin<span class=\"_ _5\"/>g PT<span class=\"_ _5\"/>Y, Ltd<span class=\"_ _58\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye43 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Austr<span class=\"_ _5\"/>alie</div>\n<div class=\"t m0 x7 hd ye44 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>P SA</div>\n<div class=\"t m0 x173 hd ye45 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye44 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye46 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ubi<span class=\"_ _5\"/>way SA</div>\n<div class=\"t m0 xf3 he ye47 ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye48 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x164 hd ye49 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye4a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ubi<span class=\"_ _5\"/>way Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s SA</div>\n<div class=\"t m0 x6b he ye4b ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye4c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x164 hd ye4d ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye4e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ubi<span class=\"_ _5\"/>way Ret<span class=\"_ _5\"/>ail S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x195 he ye4f ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye50 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x164 hd ye51 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye52 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Radial Belgium S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x173 hd ye53 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye52 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye54 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naGr<span class=\"_ _5\"/>oup BV<span class=\"_ _28a\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye55 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye56 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naf<span class=\"_ _5\"/>ix Rep<span class=\"_ _5\"/>air BV<span class=\"_ _28b\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye57 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye58 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Dynalogic Benelux<span class=\"_ _d\"/> BV<span class=\"_ _22c\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye59 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye5a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naf<span class=\"_ _5\"/>ix Ca<span class=\"_ _5\"/>re BV<span class=\"_ _28c\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye5b ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye5c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Dynalogic Courier BV<span class=\"_ _22e\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye5d ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye5e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naf<span class=\"_ _5\"/>ix Com<span class=\"_ _5\"/>pute<span class=\"_ _5\"/>r Repa<span class=\"_ _5\"/>ir BV<span class=\"_ _1dd\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye5f ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye60 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Dynasure BV<span class=\"_ _113\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye61 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye62 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naf<span class=\"_ _5\"/>ix OnS<span class=\"_ _5\"/>ite BV<span class=\"_ _192\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye63 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye64 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naLi<span class=\"_ _5\"/>nq BV<span class=\"_ _113\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye65 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye66 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Dynalog<span class=\"_ _5\"/>ic Belgium NV<span class=\"_ _18c\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x164 hd ye67 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye68 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial So<span class=\"_ _5\"/>luti<span class=\"_ _5\"/>ons Ho<span class=\"_ _5\"/>ng Kong Lt<span class=\"_ _5\"/>d</div>\n<div class=\"t m0 x13a he ye69 ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye6a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _2e\"> </span><span class=\"ls2c ws2e\">Hong Kong</span></span></div>\n<div class=\"t m0 x7 hd ye6b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial Hol<span class=\"_ _5\"/>ding<span class=\"_ _5\"/>s, LP<span class=\"_ _28d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x193 hd ye6c ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye6d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Commerce, Inc<span class=\"_ _b\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye6e ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye6f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial So<span class=\"_ _5\"/>uth<span class=\"_ _5\"/>, LP<span class=\"_ _13\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x193 hd ye70 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye71 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Radial, Inc<span class=\"_ _19d\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x193 hd ye72 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye73 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Luxembourg S.\u00e0.R<span class=\"_ _5\"/>.l.<span class=\"_ _51\"> </span><span class=\"ls2b ws2d\">100,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _a9\"> </span><span class=\"ls2d ws2f\">Lux<span class=\"_ _d\"/>embourg</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 85px; height: 967px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x82 hc ydf0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PAR<span class=\"_ _5\"/>TAGE D<span class=\"_ _5\"/>ES DR<span class=\"_ _5\"/>OIT<span class=\"_ _5\"/>S DE VO<span class=\"_ _5\"/>TE EN %<span class=\"_ _a5\"> </span><span class=\"ls48 ws56\">PAYS<span class=\"_ _d\"/> D'INCORPORATION</span></div>\n<div class=\"t m0 x7 hc ye74 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NOM<span class=\"_ _144\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _129\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ye75 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Omnichannel T<span class=\"_ _1\"/>echnologies India, Private Ltd<span class=\"_ _12\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x169 hd ye76 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Inde</div>\n<div class=\"t m0 x7 hd ye77 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Omnichannel International, SL<span class=\"_ _28e\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x164 hd ye78 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Espagne</div>\n<div class=\"t m0 x7 hd ye79 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial GmbH<span class=\"_ _28f\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x154 hd ye7a ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Allemagne</div>\n<div class=\"t m0 x7 hd ye7b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Commerce Lt<span class=\"_ _d\"/>d<span class=\"_ _22b\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 xf4 hd ye7c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Royaume<span class=\"_ _5\"/>-Uni</div>\n<div class=\"t m0 x7 hd ye7d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial So<span class=\"_ _5\"/>luti<span class=\"_ _5\"/>ons Sin<span class=\"_ _5\"/>gap<span class=\"_ _5\"/>ore PT<span class=\"_ _5\"/>E Ltd</div>\n<div class=\"t m0 x9e he ye7e ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye7f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x193 hd ye80 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Singapo<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x7 hd ye81 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial E \u2013 com<span class=\"_ _5\"/>merce (S<span class=\"_ _5\"/>hangh<span class=\"_ _5\"/>ai) Cor<span class=\"_ _5\"/>p. Ltd<span class=\"_ _228\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x5d hd ye82 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Chine</div>\n<div class=\"t m0 x7 hd ye83 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>ca Ho<span class=\"_ _5\"/>lding<span class=\"_ _5\"/>s, In<span class=\"_ _5\"/>c<span class=\"_ _a\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye84 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye85 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial III G<span class=\"_ _5\"/>P<span class=\"_ _3b\"/>, L<span class=\"_ _5\"/>LC<span class=\"_ _13\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye86 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye87 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial So<span class=\"_ _5\"/>uth GP<span class=\"_ _d\"/>, LLC<span class=\"_ _1f2\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x193 hd ye88 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye89 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Italy s.r<span class=\"_ _d\"/>.l.<span class=\"_ _24f\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x182 hd ye8a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Italie</div>\n<div class=\"t m0 x7 hd ye8b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Leen Menken Foodser<span class=\"_ _5\"/>vice Logistics BV<span class=\"_ _17d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye8c ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye8d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s BV <span class=\"_ _241\"> </span><span class=\"ls20 ws22\">75,0<span class=\"_ _5\"/>%<span class=\"_ _30\"> </span>75<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x194 hd ye8e ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye8f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">An<span class=\"_ _5\"/>thill B<span class=\"_ _5\"/>V <span class=\"_ _112\"> </span><span class=\"ls20 ws22\">75,0%<span class=\"_ _290\"> </span>75,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye90 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye91 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Freigh<span class=\"_ _d\"/>t 4U Logi<span class=\"_ _d\"/>stic<span class=\"_ _5\"/>s BV<span class=\"_ _291\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x164 hd ye92 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye93 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Act<span class=\"_ _5\"/>ive Ants Internat<span class=\"_ _5\"/>ional BV<span class=\"_ _292\"> </span><span class=\"ls20 ws22\">75,0<span class=\"_ _5\"/>%<span class=\"_ _30\"> </span>75<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x194 hd ye94 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye95 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s Be<span class=\"_ _5\"/>lgium B<span class=\"_ _5\"/>V<span class=\"_ _b\"> </span><span class=\"ls20 ws22\">75,0%<span class=\"_ _290\"> </span>75,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x164 hd ye96 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye97 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Active Ants Germany<span class=\"_ _d\"/> GmbH<span class=\"_ _180\"> </span><span class=\"ls20 ws22\">75,0%<span class=\"_ _290\"> </span>75,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x154 hd ye98 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Allemagne</div>\n<div class=\"t m0 x7 hd ye99 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s UK Ltd<span class=\"_ _1f9\"> </span><span class=\"ls20 ws22\">75,0<span class=\"_ _5\"/>%<span class=\"_ _2e\"> </span>75,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 xf4 hd ye9a ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Royaume<span class=\"_ _5\"/>-Uni</div>\n<div class=\"t m0 x7 hd ye9b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mar<span class=\"_ _5\"/>ceau 1 S<span class=\"_ _5\"/>AS<span class=\"_ _24a\"> </span><span class=\"ls28 ws2a\">68<span class=\"_ _5\"/>,6%<span class=\"_ _d0\"> </span></span> \u2013 <span class=\"_ _f9\"> </span><span class=\"ls22 ws24\">Fra<span class=\"_ _5\"/>nce</span></div>\n<div class=\"t m0 x7 hd ye9c ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>X Fran<span class=\"_ _5\"/>ce<span class=\"_ _293\"> </span><span class=\"ls28 ws2a\">68,6<span class=\"_ _5\"/>%<span class=\"_ _d0\"> </span><span class=\"ls0 ws0\"> \u2013 <span class=\"_ _f9\"> </span></span></span>Fra<span class=\"_ _5\"/>nce</div>\n<div class=\"t m0 x7 hd ye9d ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">IMX GmbH<span class=\"_ _15\"> </span><span class=\"ls28 ws2a\">68,6%<span class=\"_ _d0\"> </span><span class=\"ls0 ws0\"> \u2013 </span></span></div>\n<div class=\"t m0 x154 hd ye9e ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Allemagne</div>\n<div class=\"t m0 x7 hd ye9f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ald<span class=\"_ _5\"/>ipre<span class=\"_ _5\"/>ss BV<span class=\"_ _294\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _17a\"> </span></span> \u2013</div>\n<div class=\"t m0 x194 hd yea0 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x5 h9 yea1 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1 <span class=\"_ _48\"> </span> Liqui<span class=\"_ _5\"/>d\u00e9 ou vendu d<span class=\"_ _5\"/>urant l'ann\u00e9<span class=\"_ _5\"/>e 2022</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 492px; height: 592px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h1a y6fd ffc fs11 fc2 sc0 ls53 ws64\" style=\"z-index: 15;\">bpostgroup s<span class=\"_ _5\"/>tructure</div>\n<div class=\"t m0 x5 h8 y428 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022</div>\n<div class=\"t m0 x5e h33 yea2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea3 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea4 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea5 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea6 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea7 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea8 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yea9 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeaa ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeab ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeac ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yead ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeae ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeaf ff4 fs1e fc3 sc0 ls16 ws18\" style=\"z-index: 15;\">99,<span class=\"_ _5\"/>92%</div>\n<div class=\"t m0 x99 h33 yeb0 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb1 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb3 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb4 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb5 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yeb6 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yeb7 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yeb8 ff4 fs1e fc3 sc0 lse2 wsc9\" style=\"z-index: 15;\">99,99%</div>\n<div class=\"t m0 x196 h33 yeb9 ff4 fs1e fc3 sc0 lse2 wsc9\" style=\"z-index: 15;\">99,99%</div>\n<div class=\"t m0 xe4 h33 yeba ff4 fs1e fc3 sc0 lse9 ws105\" style=\"z-index: 15;\">0,<span class=\"_ _5\"/>01%</div>\n<div class=\"t m0 x17 h33 yebb ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x17 h33 yebc ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x17 h33 yebd ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 xbe h33 yebe ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 xbe h33 yebf ff4 fs1e fc3 sc0 lsb0 wscd\" style=\"z-index: 15;\">3<span class=\"_ _5\"/>7,0<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x162 h33 yec0 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x162 h33 yec1 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x28 h33 yec2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x13b h33 yec3 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x13b h33 yec2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x13b h33 yec4 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x116 h33 yec5 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x197 h33 yec6 ff4 fs1e fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">GP in<span class=\"_ _5\"/>teres<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x37 h33 yec7 ff4 fs1e fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">GP in<span class=\"_ _5\"/>teres<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x198 h33 yec8 ff4 fs1e fc3 sc0 lsef ws111\" style=\"z-index: 15;\">14,6<span class=\"_ _5\"/>6%</div>\n<div class=\"t m0 x199 h33 yec9 ff4 fs1e fc3 sc0 lse9 ws105\" style=\"z-index: 15;\">0,<span class=\"_ _5\"/>01%</div>\n<div class=\"t m0 x145 h33 yeca ff4 fs1e fc3 sc0 lsf0 ws112\" style=\"z-index: 15;\">0,08%</div>\n<div class=\"t m0 xe4 h33 yecb ff4 fs1e fc3 sc0 lse9 ws105\" style=\"z-index: 15;\">0,<span class=\"_ _5\"/>01%</div>\n<div class=\"t m0 x196 h33 yecc ff4 fs1e fc3 sc0 lse2 wsc9\" style=\"z-index: 15;\">99,99%</div>\n<div class=\"t m0 x196 h33 yecd ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yece ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yecf ff4 fs1e fc3 sc0 lsf0 ws112\" style=\"z-index: 15;\">20,00<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x5e h33 yed0 ff4 fs1e fc3 sc0 lsb5 wsd4\" style=\"z-index: 15;\">75,00<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x5e h33 yed1 ff4 fs1e fc3 sc0 lsf1 ws103\" style=\"z-index: 15;\">68,<span class=\"_ _5\"/>59%</div>\n<div class=\"t m0 x5e h33 yed2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yed3 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yed4 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yed5 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yed6 ff4 fs1e fc3 sc0 lsb5 wsd4\" style=\"z-index: 15;\">75,00<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x99 h33 yed7 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yed8 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yed9 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeda ff4 fs1e fc3 sc0 lsf2 wsca\" style=\"z-index: 15;\">63,00%</div>\n<div class=\"t m0 x99 h33 yedb ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yedc ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yedd ff4 fs1e fc3 sc0 lsf3 ws113\" style=\"z-index: 15;\">85,<span class=\"_ _5\"/>34%</div>\n<div class=\"t m0 x99 h33 yede ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yedf ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yee0 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yee1 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 xa2 h8 yee2 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">LANDMARK T<span class=\"_ _d\"/>R<span class=\"_ _5\"/>ADE<span class=\"_ _d\"/><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x9b h8 yee3 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">SER<span class=\"_ _5\"/>VICE<span class=\"_ _5\"/>S (UK)</div>\n<div class=\"t m0 xab h1c yee4 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x102 h8 yee5 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL NE<span class=\"_ _5\"/>THER<span class=\"_ _5\"/>LA<span class=\"_ _5\"/>NDS</div>\n<div class=\"t m0 x69 h1c yee6 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 xa9 hd yee7 ff4 fs8 fc7 sc0 ls13 ws15\" style=\"z-index: 15;\">LANDMARK T<span class=\"_ _d\"/>R<span class=\"_ _5\"/>ADE<span class=\"_ _d\"/><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x104 hd yee8 ff4 fs8 fc7 sc0 ls16 ws18\" style=\"z-index: 15;\">SER<span class=\"_ _5\"/>VICE<span class=\"_ _5\"/>S (<span class=\"_ _d\"/>NE<span class=\"_ _5\"/>THERL<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>DS)</div>\n<div class=\"t m0 x169 he yee9 ff4 fs9 fc7 sc0 lsf6 ws116\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x32 h8 yeea ff4 fs3 fc7 sc0 ls54 ws65\" style=\"z-index: 15;\">APPLE E<span class=\"_ _5\"/>XPRE<span class=\"_ _5\"/>SS<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x133 h8 yeeb ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">COURI<span class=\"_ _5\"/>ER</div>\n<div class=\"t m0 x10d h1c yeec ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 xc6 h8 yeed ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">BP<span class=\"_ _5\"/>OST INT<span class=\"_ _5\"/>ERNATION<span class=\"_ _5\"/>AL</div>\n<div class=\"t m0 x107 h8 yeee ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">LOGIS<span class=\"_ _5\"/>TIC<span class=\"_ _5\"/>S (BEIJIN<span class=\"_ _5\"/>G) CO</div>\n<div class=\"t m0 x19a h1c yeef ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 xa3 h8 yef0 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">DYNAF<span class=\"_ _d\"/>IX RE<span class=\"_ _d\"/>P<span class=\"_ _d\"/>AIR</div>\n<div class=\"t m0 x164 h1c yef1 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x147 h8 yef2 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>ALOG<span class=\"_ _5\"/>IC BENELUX</div>\n<div class=\"t m0 x19b h1c yef3 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 xa9 h8 yef4 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">DYNAF<span class=\"_ _d\"/>IX CARE</div>\n<div class=\"t m0 xc5 h1c yef5 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x147 h8 yef6 ff4 fs3 fc7 sc0 lsf8 ws9c\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>ALO<span class=\"_ _5\"/>GIC CO<span class=\"_ _5\"/>URI<span class=\"_ _5\"/>ER</div>\n<div class=\"t m0 x16a h1c yef7 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x101 h8 yef8 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">DYNAF<span class=\"_ _d\"/>IX<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x105 h8 yef9 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">COMPU<span class=\"_ _5\"/>TER REPAIR</div>\n<div class=\"t m0 xd5 h1c yefa ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x128 h8 yefb ff4 fs3 fc7 sc0 lsf8 ws9c\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>A<span class=\"_ _5\"/>SURE</div>\n<div class=\"t m0 x19c h1c yefc ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 xa2 h8 yefd ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">DYNAFIX ONSITE</div>\n<div class=\"t m0 x164 h1c yefe ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x128 h8 yeff ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">DYNAL<span class=\"_ _d\"/>INQ</div>\n<div class=\"t m0 x124 h1c yf00 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x104 h8 yf01 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>ALOG<span class=\"_ _5\"/>IC BELGIU<span class=\"_ _5\"/>M</div>\n<div class=\"t m0 x19d h1c yf02 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 xaf h8 yf03 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL S<span class=\"_ _5\"/>OUTH GP</div>\n<div class=\"t m0 x25 h1c yf04 ff4 fs12 fc7 sc0 lsfa ws119\" style=\"z-index: 15;\"> LLC</div>\n<div class=\"t m0 x133 h8 yf05 ff4 fs3 fc7 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>X Fra<span class=\"_ _5\"/>nce</div>\n<div class=\"t m0 xd3 h8 yf06 ff4 fs3 fc7 sc0 ls7 ws8\" style=\"z-index: 15;\">IMX GmbH</div>\n<div class=\"t m0 x127 h8 yf07 ff4 fs3 fc7 sc0 ls7 ws8\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>ADIAL GmbH</div>\n<div class=\"t m0 x147 h8 yf08 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL COM<span class=\"_ _5\"/>MERCE Ltd</div>\n<div class=\"t m0 xc7 h8 yf09 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL E-<span class=\"_ _5\"/>COMMER<span class=\"_ _5\"/>CE</div>\n<div class=\"t m0 x19e h8 yf0a ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">(<span class=\"_ _d\"/>SHANGHAI<span class=\"_ _d\"/>) C<span class=\"_ _d\"/>ORP<span class=\"_ _49\"/>. Ltd</div>\n<div class=\"t m0 x147 h8 yf0b ff4 fs3 fc7 sc0 lsa wsb\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>ADIAL OMNICH<span class=\"_ _5\"/>ANNEL</div>\n<div class=\"t m0 x105 h8 yf0c ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">INTERNA<span class=\"_ _d\"/>TIONAL SLU</div>\n<div class=\"t m0 x14c h8 yf0d ff4 fs3 fc7 sc0 ls40 ws62\" style=\"z-index: 15;\">ALDIPRESS BV</div>\n<div class=\"t m0 x189 h8 yf0e ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL LUX<span class=\"_ _5\"/>EMBOU<span class=\"_ _5\"/>RG</div>\n<div class=\"t m0 x12b h1c yf0f ff4 fs12 fc7 sc0 ls55 ws66\" style=\"z-index: 15;\">S.\u00e0.R.L.</div>\n<div class=\"t m0 x18 h8 yf05 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">Marce<span class=\"_ _5\"/>au 1 SA<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x54 h20 yf10 ff4 fsa fc7 sc0 lsfb ws11a\" style=\"z-index: 15;\">FREIGHT DISTRIBUTION<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x160 h20 yf11 ff4 fsa fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">MA<span class=\"_ _5\"/>NAG<span class=\"_ _5\"/>EMENT S<span class=\"_ _5\"/>YS<span class=\"_ _5\"/>TEMS P<span class=\"_ _5\"/>TY</div>\n<div class=\"t m0 xb8 h38 yf12 ff4 fs14 fc7 sc0 lsfc ws11b\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x12b h8 yf13 ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">FDM<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x189 h8 yf14 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">WAR<span class=\"_ _5\"/>EHOUSIN<span class=\"_ _5\"/>G PT<span class=\"_ _5\"/>Y</div>\n<div class=\"t m0 x55 h1c yf15 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x95 h8 yf16 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">LANDMARK<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x9 h8 yf17 ff4 fs3 fc7 sc0 lsf8 ws9c\" style=\"z-index: 15;\">GLO<span class=\"_ _5\"/>BA<span class=\"_ _5\"/>L</div>\n<div class=\"t m0 x26 h1c yf18 ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 x179 h8 yf19 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">LANDMARK T<span class=\"_ _d\"/>R<span class=\"_ _5\"/>ADE<span class=\"_ _d\"/><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 xb2 h8 yf1a ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">SER<span class=\"_ _5\"/>VICE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x47 h1c yf1b ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x100 h8 yf1c ff4 fs3 fc7 sc0 ls54 ws65\" style=\"z-index: 15;\">APPLE E<span class=\"_ _5\"/>XPRE<span class=\"_ _5\"/>SS<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x95 h8 yf1d ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">COURI<span class=\"_ _5\"/>ER</div>\n<div class=\"t m0 x47 h1c yf1e ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 xd7 h8 yf1f ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">BP<span class=\"_ _5\"/>OST US HOL<span class=\"_ _5\"/>DINGS</div>\n<div class=\"t m0 x56 h1c yf20 ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 x19f h8 yf21 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _5\"/>AND<span class=\"_ _5\"/>MAR<span class=\"_ _5\"/>K GLOB<span class=\"_ _5\"/>AL (UK)</div>\n<div class=\"t m0 x12a h1c yf22 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x186 h8 yf23 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">BP<span class=\"_ _5\"/>OST HON<span class=\"_ _5\"/>G KONG</div>\n<div class=\"t m0 x55 h1c yf24 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x94 h8 yf25 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">BP<span class=\"_ _5\"/>OST SIN<span class=\"_ _5\"/>GAP<span class=\"_ _5\"/>ORE P<span class=\"_ _5\"/>TE.</div>\n<div class=\"t m0 x12a h1c yf26 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x18 h8 yef2 ff4 fs3 fc7 sc0 lsf8 ws9c\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>AGR<span class=\"_ _5\"/>OUP</div>\n<div class=\"t m0 x15 h1c yef3 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x11f h8 yf27 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">LEEN MENK<span class=\"_ _5\"/>EN FOO<span class=\"_ _5\"/>D-</div>\n<div class=\"t m0 x11f h8 yf28 ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">SERVICE LOGISTICS</div>\n<div class=\"t m0 x170 h1c yf29 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x11f h8 yef6 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">RADIAL POLAND</div>\n<div class=\"t m0 x27 h1c yef7 ff4 fs12 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">Sp z o.o<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x100 h8 yf2a ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">RADIAL IT<span class=\"_ _1\"/>AL<span class=\"_ _1\"/>Y</div>\n<div class=\"t m0 x15 h1c yf2b ff4 fs12 fc7 sc0 lsfd ws11c\" style=\"z-index: 15;\">s<span class=\"_ _5\"/>.r.l<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x9 h8 yefb ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">ANTHILL</div>\n<div class=\"t m0 x26 h1c yefc ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x17f h8 yf2c ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">ACTIV<span class=\"_ _5\"/>E ANTS</div>\n<div class=\"t m0 x15 h1c yf2d ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x53 h8 yf2e ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIV<span class=\"_ _5\"/>E ANTS  </div>\n<div class=\"t m0 x179 h8 yf2f ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">INTERNA<span class=\"_ _d\"/>TIONAL</div>\n<div class=\"t m0 x98 h1c yf30 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\">BV</div>\n<div class=\"t m0 x1a0 h8 yf31 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL COM<span class=\"_ _5\"/>MERCE</div>\n<div class=\"t m0 x1a1 h1c yf32 ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 x13 h8 yf33 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">RADIAL</div>\n<div class=\"t m0 x192 h1c yf34 ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 x1a2 h8 yf35 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL II<span class=\"_ _5\"/>I GP</div>\n<div class=\"t m0 x1e h1c yf36 ff4 fs12 fc7 sc0 lsfa ws119\" style=\"z-index: 15;\">LLC</div>\n<div class=\"t m0 xae h8 yf37 ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>ADIAL SOUTH</div>\n<div class=\"t m0 x12f h1c yf38 ff4 fs12 fc7 sc0 lsfe ws11d\" style=\"z-index: 15;\"> LP</div>\n<div class=\"t m0 xec hd yf39 ff4 fs8 fc7 sc0 ls13 ws15\" style=\"z-index: 15;\">RADIAL OMN<span class=\"_ _d\"/>ICHANN<span class=\"_ _d\"/>EL<span class=\"_ _d\"/> TEC<span class=\"_ _d\"/>H<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x13a hd yf3a ff4 fs8 fc7 sc0 ls25 ws27\" style=\"z-index: 15;\">NOLOGIES IN<span class=\"_ _d\"/>DIA<span class=\"_ _5\"/>, PRIV<span class=\"_ _d\"/>A<span class=\"_ _d\"/>TE</div>\n<div class=\"t m0 x58 he yf3b ff4 fs9 fc7 sc0 lsff ws11e\" style=\"z-index: 15;\"> Ltd</div>\n<div class=\"t m0 x12e h8 yf3c ff4 fs3 fc7 sc0 ls40 ws62\" style=\"z-index: 15;\">BPOST NORTH<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x8 h8 yf3d ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AMER<span class=\"_ _5\"/>IC<span class=\"_ _5\"/>A HOLD<span class=\"_ _5\"/>INGS</div>\n<div class=\"t m0 x1a3 h1c yf3e ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 xad h8 yf3f ff4 fs3 fc7 sc0 ls40 ws62\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>ADIAL HOLDINGS</div>\n<div class=\"t m0 x2b h1c yf40 ff4 fs12 fc7 sc0 lsfe ws11d\" style=\"z-index: 15;\"> LP</div>\n<div class=\"t m0 x1a4 h8 yf41 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">CERT<span class=\"_ _5\"/>IPOS<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x1a5 h1c yf42 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x41 h8 yf43 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">SPEOS BELG<span class=\"_ _5\"/>IUM</div>\n<div class=\"t m0 xf h1c yf44 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x1a6 h8 yf45 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL B<span class=\"_ _5\"/>ELGIUM</div>\n<div class=\"t m0 xf h1c yf46 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\"> NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x197 h8 yf47 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">ALTERIS</div>\n<div class=\"t m0 xe4 h1c yf48 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 xf7 h8 yf49 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">EURO<span class=\"_ _5\"/>-SPR<span class=\"_ _5\"/>INTERS</div>\n<div class=\"t m0 x4b h1c yf4a ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x31 h8 yf4b ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AMP</div>\n<div class=\"t m0 x195 h1c yf4c ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x159 h8 yf4d ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">FREI<span class=\"_ _5\"/>GHT 4U LOG<span class=\"_ _5\"/>ISTI<span class=\"_ _5\"/>CS</div>\n<div class=\"t m0 x16e h1c yf4e ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\">BV</div>\n<div class=\"t m0 x192 h8 yf4f ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">JOFICO</div>\n<div class=\"t m0 x87 h1c yf50 ff4 fs12 fc7 sc0 ls100 ws11f\" style=\"z-index: 15;\">CV</div>\n<div class=\"t m0 x68 h8 yf51 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIV<span class=\"_ _5\"/>E ANTS B<span class=\"_ _5\"/>ELGIUM BV</div>\n<div class=\"t m0 x147 h8 yf52 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIV<span class=\"_ _5\"/>E ANTS G<span class=\"_ _5\"/>ERMA<span class=\"_ _5\"/>NY</div>\n<div class=\"t m0 xa9 h8 yf53 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIV<span class=\"_ _5\"/>E ANTS UK</div>\n<div class=\"t m0 xae h39 yf54 ff5 fs21 fc3 sc0 ls101 ws120\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>os<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x1a7 h3a yf55 ff5 fs22 fc3 sc0 ls102 ws121\" style=\"z-index: 15;\">SA</div>\n<div class=\"t m0 x13b h33 yf56 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>.00%</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 99px; height: 1073px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag406": {
   "value": "\n<div class=\"t m0 x5 hb y20d ff5 fs6 fc3 sc0 lsa wsb\" style=\"z-index: 15;\">Filiales</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs, d<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s et eng<span class=\"_ _5\"/>ageme<span class=\"_ _5\"/>nts<span class=\"_ _5\"/>, reve<span class=\"_ _5\"/>nus et d\u00e9<span class=\"_ _5\"/>pen<span class=\"_ _5\"/>ses de l<span class=\"_ _5\"/>a soci<span class=\"_ _5\"/>\u00e9t\u00e9 m\u00e8r<span class=\"_ _5\"/>e et des f<span class=\"_ _5\"/>ilia<span class=\"_ _5\"/>les ent<span class=\"_ _5\"/>i\u00e8rem<span class=\"_ _5\"/>ent cont<span class=\"_ _5\"/>r\u00f4l\u00e9<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>nt conso<span class=\"_ _5\"/>lid\u00e9s</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>ur int\u00e9g<span class=\"_ _5\"/>ralit\u00e9<span class=\"_ _5\"/>. Un inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>seur co<span class=\"_ _5\"/>ntr\u00f4l<span class=\"_ _5\"/>e une ent<span class=\"_ _5\"/>it\u00e9 d\u00e9te<span class=\"_ _5\"/>nue lor<span class=\"_ _5\"/>sque l'in<span class=\"_ _5\"/>vest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>, ou a droit<span class=\"_ _5\"/>, \u00e0 des r<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>coulant de s<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cipatio<span class=\"_ _5\"/>n dans l'enti<span class=\"_ _5\"/>t\u00e9 d\u00e9ten<span class=\"_ _5\"/>ue et qu'il a la c<span class=\"_ _5\"/>apaci<span class=\"_ _5\"/>t\u00e9 d'inf<span class=\"_ _5\"/>luer sur ce<span class=\"_ _5\"/>s rend<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts pa<span class=\"_ _5\"/>r son po<span class=\"_ _5\"/>uvoir s<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>it\u00e9 d\u00e9t<span class=\"_ _5\"/>enue.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce cont<span class=\"_ _5\"/>r\u00f4le e<span class=\"_ _5\"/>st sup<span class=\"_ _5\"/>pos\u00e9 e<span class=\"_ _5\"/>xis<span class=\"_ _5\"/>ter lor<span class=\"_ _5\"/>sque b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t d\u00e9ti<span class=\"_ _5\"/>ent au mo<span class=\"_ _5\"/>ins 50 %<span class=\"_ _5\"/>, plus un<span class=\"_ _5\"/>e voix de<span class=\"_ _5\"/>s droit<span class=\"_ _5\"/>s de vote d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>it\u00e9 ; ces hy<span class=\"_ _5\"/>poth\u00e8<span class=\"_ _5\"/>se<span class=\"_ _5\"/>s peuve<span class=\"_ _5\"/>nt \u00eatr<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9f<span class=\"_ _5\"/>ut\u00e9e<span class=\"_ _5\"/>s si la sit<span class=\"_ _5\"/>uation co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ire es<span class=\"_ _5\"/>t claire<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>tabli<span class=\"_ _5\"/>e. Lor<span class=\"_ _5\"/>sque b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t ne d\u00e9t<span class=\"_ _5\"/>ient pas l<span class=\"_ _5\"/>a major<span class=\"_ _5\"/>it\u00e9 des d<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s de vote ou d<span class=\"_ _5\"/>es droi<span class=\"_ _5\"/>ts sim<span class=\"_ _5\"/>ilaire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'une en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise d<span class=\"_ _5\"/>\u00e9tenu<span class=\"_ _5\"/>e, elle ti<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>te de tous le<span class=\"_ _5\"/>s fait<span class=\"_ _5\"/>s et c<span class=\"_ _5\"/>ircons<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>ces per<span class=\"_ _5\"/>t<span class=\"_ _5\"/>inent<span class=\"_ _5\"/>s po<span class=\"_ _5\"/>ur \u00e9valu<span class=\"_ _5\"/>er si bp<span class=\"_ _5\"/>ost a le co<span class=\"_ _5\"/>ntr\u00f4le d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>en<span class=\"_ _5\"/>trepr<span class=\"_ _5\"/>ise</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9te<span class=\"_ _5\"/>nue conf<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>\u00e9ment \u00e0 l'ar<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cle 1:14 BCC<span class=\"_ _5\"/>A. L<span class=\"_ _1\"/>\u2019exis<span class=\"_ _5\"/>tence e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>eff<span class=\"_ _5\"/>et de dro<span class=\"_ _5\"/>its d<span class=\"_ _5\"/>e vote pote<span class=\"_ _5\"/>ntiel<span class=\"_ _5\"/>s exe<span class=\"_ _5\"/>r\u00e7abl<span class=\"_ _5\"/>es ou conve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tis so<span class=\"_ _5\"/>nt nota<span class=\"_ _5\"/>mment p<span class=\"_ _5\"/>ris en</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>te pour d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>iner si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t contr\u00f4<span class=\"_ _5\"/>le une ent<span class=\"_ _5\"/>it\u00e9.</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une f<span class=\"_ _5\"/>iliale e<span class=\"_ _5\"/>st con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9e \u00e0 par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ir de la date de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion, c<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire \u00e0 la dat<span class=\"_ _5\"/>e \u00e0 laque<span class=\"_ _5\"/>lle le contr<span class=\"_ _5\"/>\u00f4le des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs ne<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t des op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la so<span class=\"_ _5\"/>ci\u00e9t\u00e9 a<span class=\"_ _5\"/>cquis<span class=\"_ _5\"/>e est e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>ment t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>f\u00e9r\u00e9 \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cqu\u00e9r<span class=\"_ _5\"/>eur. A par<span class=\"_ _5\"/>tir de la da<span class=\"_ _5\"/>te d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, la s<span class=\"_ _5\"/>oci\u00e9t<span class=\"_ _5\"/>\u00e9 m\u00e8re (l\u2019acqu<span class=\"_ _5\"/>\u00e9reur<span class=\"_ _5\"/>) int\u00e8gre l<span class=\"_ _5\"/>a per<span class=\"_ _5\"/>for-</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mance f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ci\u00e8r<span class=\"_ _5\"/>e de la fi<span class=\"_ _5\"/>liale dans s<span class=\"_ _5\"/>on comp<span class=\"_ _5\"/>te de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s cons<span class=\"_ _5\"/>olid\u00e9 e<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>\u00e0 le<span class=\"_ _5\"/>ur juste v<span class=\"_ _5\"/>aleur) da<span class=\"_ _5\"/>ns son b<span class=\"_ _5\"/>ilan cons<span class=\"_ _5\"/>olid\u00e9 l<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 117px; height: 230px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s acqui<span class=\"_ _5\"/>s, en ce com<span class=\"_ _5\"/>pris to<span class=\"_ _5\"/>ut goo<span class=\"_ _5\"/>dwill r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>nt de l\u2019acquisi<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. Les f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s cess<span class=\"_ _5\"/>ent d\u2019\u00eat<span class=\"_ _5\"/>re cons<span class=\"_ _5\"/>olid\u00e9<span class=\"_ _5\"/>es \u00e0 par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r de la date \u00e0 la<span class=\"_ _5\"/>quelle le</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>r\u00f4le pre<span class=\"_ _5\"/>nd f<span class=\"_ _5\"/>in. Les s<span class=\"_ _5\"/>olde<span class=\"_ _5\"/>s et tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions int<span class=\"_ _5\"/>ragr<span class=\"_ _5\"/>oupe<span class=\"_ _5\"/>s ainsi qu<span class=\"_ _5\"/>e les gain<span class=\"_ _5\"/>s et pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es non r<span class=\"_ _5\"/>\u00e9alis\u00e9<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s entre l<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>ci\u00e9t\u00e9<span class=\"_ _5\"/>s du</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">group<span class=\"_ _5\"/>e sont int\u00e9grale<span class=\"_ _5\"/>ment \u00e9limin\u00e9<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>rs con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s son<span class=\"_ _5\"/>t \u00e9tab<span class=\"_ _5\"/>lis sur ba<span class=\"_ _5\"/>se de r\u00e8<span class=\"_ _5\"/>gles d\u2019\u00e9va<span class=\"_ _5\"/>luation u<span class=\"_ _5\"/>nifor<span class=\"_ _5\"/>mes p<span class=\"_ _5\"/>our les t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>act<span class=\"_ _5\"/>ions a<span class=\"_ _5\"/>nalogu<span class=\"_ _5\"/>es et au<span class=\"_ _5\"/>tres \u00e9<span class=\"_ _5\"/>v\u00e9nem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">sur<span class=\"_ _5\"/>venant<span class=\"_ _d\"/> dans des circonstances similaires.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 987px; height: 95px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag398": {
   "value": "\n<div class=\"t m0 x5 hb y87 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>ci\u00e9t\u00e9s as<span class=\"_ _5\"/>soci\u00e9<span class=\"_ _5\"/>es et co \u2013 <span class=\"_ _d\"/>en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rises</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e es<span class=\"_ _5\"/>t une ent<span class=\"_ _5\"/>it\u00e9 dans la<span class=\"_ _5\"/>quelle b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t exerce u<span class=\"_ _5\"/>ne inf<span class=\"_ _5\"/>luence n<span class=\"_ _5\"/>otab<span class=\"_ _5\"/>le. Par inf<span class=\"_ _5\"/>lue<span class=\"_ _5\"/>nce nota<span class=\"_ _5\"/>ble, on e<span class=\"_ _5\"/>ntend le p<span class=\"_ _5\"/>ouvo<span class=\"_ _5\"/>ir de par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cip<span class=\"_ _5\"/>er \u00e0 des d<span class=\"_ _5\"/>\u00e9cisi<span class=\"_ _5\"/>ons rel<span class=\"_ _5\"/>evant d<span class=\"_ _5\"/>es pol<span class=\"_ _5\"/>itiqu<span class=\"_ _5\"/>es fi<span class=\"_ _5\"/>nanci\u00e8<span class=\"_ _5\"/>res ou o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle<span class=\"_ _5\"/>s de la so<span class=\"_ _5\"/>ci\u00e9t\u00e9 a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>, et non ce<span class=\"_ _5\"/>lui de cont<span class=\"_ _5\"/>r\u00f4ler s<span class=\"_ _5\"/>es no<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s. On</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cons<span class=\"_ _5\"/>id\u00e8re qu<span class=\"_ _5\"/>\u2019il y a infl<span class=\"_ _5\"/>uence n<span class=\"_ _5\"/>otabl<span class=\"_ _5\"/>e lors<span class=\"_ _5\"/>que bp<span class=\"_ _5\"/>ost po<span class=\"_ _5\"/>ss\u00e8<span class=\"_ _5\"/>de au mo<span class=\"_ _5\"/>ins 20 % du dr<span class=\"_ _5\"/>oit de vote de l<span class=\"_ _5\"/>a soci<span class=\"_ _5\"/>\u00e9t\u00e9. En de<span class=\"_ _5\"/>\u00e7\u00e0 de<span class=\"_ _5\"/>s 20 %, ce<span class=\"_ _5\"/>tte inf<span class=\"_ _5\"/>lue<span class=\"_ _5\"/>nce</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">not<span class=\"_ _5\"/>able es<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>id\u00e9r\u00e9<span class=\"_ _5\"/>e comme n<span class=\"_ _5\"/>ulle. Ce<span class=\"_ _5\"/>s pr\u00e9s<span class=\"_ _5\"/>ompti<span class=\"_ _5\"/>ons pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre r\u00e9<span class=\"_ _5\"/>fut\u00e9<span class=\"_ _5\"/>es si la pr<span class=\"_ _5\"/>euve du co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ire pe<span class=\"_ _5\"/>ut \u00eatre c<span class=\"_ _5\"/>lairem<span class=\"_ _5\"/>ent app<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une co<span class=\"_ _5\"/>-<span class=\"_ _5\"/>entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>se es<span class=\"_ _5\"/>t un t<span class=\"_ _5\"/>ype de pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat dans le<span class=\"_ _5\"/>quel le<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s qui cont<span class=\"_ _5\"/>r\u00f4lent co<span class=\"_ _5\"/>njointe<span class=\"_ _5\"/>ment le pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat ont de<span class=\"_ _5\"/>s droit<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">net<span class=\"_ _5\"/>s de l\u2019enti<span class=\"_ _5\"/>t\u00e9 l\u00e9gal<span class=\"_ _5\"/>e. Le cont<span class=\"_ _5\"/>r\u00f4le conj<span class=\"_ _5\"/>oint impli<span class=\"_ _5\"/>que le par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>age cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuell<span class=\"_ _5\"/>ement co<span class=\"_ _5\"/>nvenu du co<span class=\"_ _5\"/>ntr\u00f4le<span class=\"_ _5\"/>, qui n\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>iste qu<span class=\"_ _5\"/>e lors<span class=\"_ _5\"/>que le<span class=\"_ _5\"/>s d\u00e9ci<span class=\"_ _5\"/>sions</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rel<span class=\"_ _5\"/>ative<span class=\"_ _5\"/>s aux ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tine<span class=\"_ _5\"/>ntes re<span class=\"_ _5\"/>qui\u00e8r<span class=\"_ _5\"/>ent un cons<span class=\"_ _5\"/>ensu<span class=\"_ _5\"/>s unanim<span class=\"_ _5\"/>e des par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ies par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ageant le co<span class=\"_ _5\"/>ntr\u00f4le<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s norm<span class=\"_ _5\"/>es comp<span class=\"_ _5\"/>table<span class=\"_ _5\"/>s ad\u00e9<span class=\"_ _5\"/>quates s<span class=\"_ _5\"/>ont app<span class=\"_ _5\"/>liqu\u00e9<span class=\"_ _5\"/>es \u00e0 tr<span class=\"_ _5\"/>avers l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>nti\u00e8<span class=\"_ _5\"/>ret\u00e9 du gr<span class=\"_ _5\"/>oupe, e<span class=\"_ _5\"/>n ce compr<span class=\"_ _5\"/>is les s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9s as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9es e<span class=\"_ _5\"/>t co \u2013 entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>utes le<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>\u00e9t\u00e9s a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>s et co \u2013 ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9e<span class=\"_ _5\"/>s selon l<span class=\"_ _5\"/>a m\u00e9th<span class=\"_ _5\"/>ode de m<span class=\"_ _5\"/>ise en \u00e9<span class=\"_ _5\"/>quiva<span class=\"_ _5\"/>lence: le<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ipatio<span class=\"_ _5\"/>ns son<span class=\"_ _5\"/>t int\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gr\u00e9<span class=\"_ _5\"/>es s\u00e9<span class=\"_ _5\"/>par\u00e9m<span class=\"_ _5\"/>ent dan<span class=\"_ _5\"/>s le bilan con<span class=\"_ _5\"/>soli<span class=\"_ _5\"/>d\u00e9 (sous la r<span class=\"_ _5\"/>ubr<span class=\"_ _5\"/>ique \u201cPa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>icipat<span class=\"_ _5\"/>ions da<span class=\"_ _5\"/>ns des e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soci<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>t co \u2013 entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es\u201d<span class=\"_ _5\"/>) \u00e0 la date</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la cl<span class=\"_ _5\"/>\u00f4ture, p<span class=\"_ _5\"/>our un mon<span class=\"_ _5\"/>tant cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>pond<span class=\"_ _5\"/>ant \u00e0 la pro<span class=\"_ _5\"/>por<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des c<span class=\"_ _5\"/>apit<span class=\"_ _5\"/>aux pro<span class=\"_ _5\"/>pres d<span class=\"_ _5\"/>e la soc<span class=\"_ _5\"/>i\u00e9t\u00e9 as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9e ou co \u2013 e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>conf<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>\u00e9-</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t aux no<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s IFRS), r\u00e9su<span class=\"_ _5\"/>ltat de ce<span class=\"_ _5\"/>tte p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>de comp<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>. Les di<span class=\"_ _5\"/>viden<span class=\"_ _5\"/>des re<span class=\"_ _5\"/>\u00e7us d\u2019une e<span class=\"_ _5\"/>ntit\u00e9 a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e r<span class=\"_ _5\"/>\u00e9duis<span class=\"_ _5\"/>ent la va<span class=\"_ _5\"/>leur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">l\u2019in<span class=\"_ _d\"/>vestissement<span class=\"_ _5\"/>.<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t du r\u00e9su<span class=\"_ _5\"/>ltat de<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>\u00e9t\u00e9s a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>s et co \u2013 ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>ables \u00e0 b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est in<span class=\"_ _5\"/>t\u00e9gr\u00e9<span class=\"_ _5\"/>e s\u00e9pa<span class=\"_ _5\"/>r\u00e9me<span class=\"_ _5\"/>nt dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s con<span class=\"_ _5\"/>so<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lid\u00e9 s<span class=\"_ _5\"/>ous la r<span class=\"_ _5\"/>ubri<span class=\"_ _5\"/>que \u201cQuo<span class=\"_ _5\"/>te \u2013 par<span class=\"_ _5\"/>t dans le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at des e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soci<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>t co \u2013 entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses\u201d (mis<span class=\"_ _5\"/>e en \u00e9qu<span class=\"_ _5\"/>ivale<span class=\"_ _5\"/>nce).</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes n<span class=\"_ _5\"/>on r\u00e9ali<span class=\"_ _5\"/>s\u00e9s r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ant des t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s entre un i<span class=\"_ _5\"/>nvest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur (ou se<span class=\"_ _5\"/>s fil<span class=\"_ _5\"/>iales con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9es) et s<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>ci\u00e9t\u00e9<span class=\"_ _5\"/>s ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>es ou co \u2013</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont \u00e9l<span class=\"_ _5\"/>imin\u00e9<span class=\"_ _5\"/>s \u00e0 hauteur d<span class=\"_ _5\"/>e la par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ipatio<span class=\"_ _5\"/>n de l\u2019inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ur dans la s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 597px; height: 365px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag403": {
   "value": "\n<div class=\"t m0 x5 hb y10 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Regr<span class=\"_ _5\"/>oupem<span class=\"_ _5\"/>ent d\u2019entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es, good<span class=\"_ _5\"/>will et \u00e9car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>acqu<span class=\"_ _5\"/>isit<span class=\"_ _5\"/>ion n\u00e9gat<span class=\"_ _5\"/>ifs</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>egro<span class=\"_ _5\"/>upeme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s en utili<span class=\"_ _5\"/>sant la m<span class=\"_ _5\"/>\u00e9th<span class=\"_ _5\"/>ode d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n. Le co\u00fbt d<span class=\"_ _5\"/>\u2019une acquis<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>st \u00e9<span class=\"_ _5\"/>valu\u00e9 com<span class=\"_ _5\"/>me l\u2019en-</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>mble de la co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e, qui es<span class=\"_ _5\"/>t mes<span class=\"_ _5\"/>ur\u00e9e \u00e0 la v<span class=\"_ _5\"/>aleur r\u00e9<span class=\"_ _5\"/>elle \u00e0 dat<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, et le m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nt d\u2019int\u00e9r<span class=\"_ _5\"/>\u00eat mino<span class=\"_ _5\"/>rit<span class=\"_ _5\"/>aire de l\u2019enti<span class=\"_ _5\"/>t\u00e9 ac-</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">quis<span class=\"_ _5\"/>e, si app<span class=\"_ _5\"/>licab<span class=\"_ _5\"/>le. A la date d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion, l<span class=\"_ _5\"/>a diff\u00e9r<span class=\"_ _5\"/>ence con<span class=\"_ _5\"/>stat<span class=\"_ _5\"/>\u00e9e ent<span class=\"_ _5\"/>re la vale<span class=\"_ _5\"/>ur d\u2019acquisi<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>ticip<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r des ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s ident<span class=\"_ _5\"/>ifiab<span class=\"_ _5\"/>les et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs late<span class=\"_ _5\"/>nts a<span class=\"_ _5\"/>cquis es<span class=\"_ _5\"/>t comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e \u00e0 l\u2019ac<span class=\"_ _5\"/>tif en t<span class=\"_ _5\"/>ant que go<span class=\"_ _5\"/>odw<span class=\"_ _5\"/>ill (si la diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>st po<span class=\"_ _5\"/>siti<span class=\"_ _5\"/>ve)<span class=\"_ _d\"/>, ou dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tement e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prof<span class=\"_ _5\"/>it dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s (si la diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>st n\u00e9<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>ve)<span class=\"_ _d\"/>. L<span class=\"_ _5\"/>a p\u00e9r<span class=\"_ _5\"/>iode de r<span class=\"_ _5\"/>\u00e9\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n pour la d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>minati<span class=\"_ _5\"/>on du goo<span class=\"_ _5\"/>dwill ne p<span class=\"_ _5\"/>eut e<span class=\"_ _5\"/>xc\u00e9de<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un an \u00e0 pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ir de la date d'acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on.</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e pour<span class=\"_ _5\"/>rait<span class=\"_ _5\"/>, dans cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>aine<span class=\"_ _5\"/>s situat<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>, inclure un<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>epar<span class=\"_ _5\"/>tie co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lle, laqu<span class=\"_ _5\"/>elle es<span class=\"_ _5\"/>t me<span class=\"_ _5\"/>sur\u00e9e \u00e0 l<span class=\"_ _5\"/>a juste v<span class=\"_ _5\"/>aleur</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">au mo<span class=\"_ _5\"/>ment du r<span class=\"_ _5\"/>egrou<span class=\"_ _5\"/>peme<span class=\"_ _5\"/>nt d\u2019entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es et in<span class=\"_ _5\"/>cluse da<span class=\"_ _5\"/>ns la cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie tra<span class=\"_ _5\"/>nsf\u00e9<span class=\"_ _5\"/>r\u00e9e (c\u2019est \u2013 \u00e0 \u2013 di<span class=\"_ _5\"/>re recon<span class=\"_ _5\"/>nue dans l<span class=\"_ _5\"/>e calcul d<span class=\"_ _5\"/>u good<span class=\"_ _5\"/>will ou</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bad<span class=\"_ _5\"/>will). Si le mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e la contre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>le change \u00e0 la s<span class=\"_ _5\"/>uite d\u2019un \u00e9v\u00e9<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt sur<span class=\"_ _5\"/>ven<span class=\"_ _5\"/>ant apr\u00e8<span class=\"_ _5\"/>s l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion (tel que l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bjec<span class=\"_ _5\"/>tif d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s), le changem<span class=\"_ _5\"/>ent de la j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur e<span class=\"_ _5\"/>st re<span class=\"_ _5\"/>connu comm<span class=\"_ _5\"/>e prof<span class=\"_ _5\"/>it ou p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te. Dans ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>taine<span class=\"_ _5\"/>s acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>ns, bp<span class=\"_ _5\"/>ost n'obti<span class=\"_ _5\"/>ent pas l<span class=\"_ _5\"/>e contr\u00f4<span class=\"_ _5\"/>le de</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">100 % d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s de l'entit\u00e9 a<span class=\"_ _5\"/>cquise m<span class=\"_ _5\"/>ais conc<span class=\"_ _5\"/>lut un accor<span class=\"_ _5\"/>d suppl\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>aire (pa<span class=\"_ _5\"/>r exemp<span class=\"_ _5\"/>le opti<span class=\"_ _5\"/>on d'achat<span class=\"_ _5\"/>/vente) da<span class=\"_ _5\"/>ns le but d'acq<span class=\"_ _5\"/>u\u00e9rir l<span class=\"_ _5\"/>es ac-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns res<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>es ult\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>. Sau<span class=\"_ _5\"/>f si la subs<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>ce \u00e9cono<span class=\"_ _5\"/>mique d<span class=\"_ _5\"/>e ces accor<span class=\"_ _5\"/>ds es<span class=\"_ _5\"/>t claire<span class=\"_ _5\"/>ment un co<span class=\"_ _5\"/>ntrat \u00e0 t<span class=\"_ _5\"/>erme \u00e0 p<span class=\"_ _5\"/>rix f<span class=\"_ _5\"/>ixe (auqu<span class=\"_ _5\"/>el cas b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cons<span class=\"_ _5\"/>id\u00e8re qu'elle a a<span class=\"_ _5\"/>cquis un in<span class=\"_ _5\"/>t\u00e9r\u00eat \u00e9<span class=\"_ _5\"/>conom<span class=\"_ _5\"/>ique ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>l dans les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>\u00e9es), bpos<span class=\"_ _5\"/>t (i) cont<span class=\"_ _5\"/>inue \u00e0 comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>iser la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ticip<span class=\"_ _5\"/>ation n<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">don<span class=\"_ _5\"/>nant pas le co<span class=\"_ _5\"/>ntr\u00f4l<span class=\"_ _5\"/>e (initiale<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>e \u00e0 la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r ou \u00e0 la quote \u2013 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t de l'act<span class=\"_ _5\"/>if net de l'ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise a<span class=\"_ _5\"/>cquise) e<span class=\"_ _5\"/>t (ii) compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e un</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pas<span class=\"_ _5\"/>sif f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er \u00e9va<span class=\"_ _5\"/>lu\u00e9 \u00e0 la val<span class=\"_ _5\"/>eur ac<span class=\"_ _5\"/>tuell<span class=\"_ _5\"/>e du mont<span class=\"_ _5\"/>ant \u00e0 paye<span class=\"_ _5\"/>r lors de l'ex<span class=\"_ _5\"/>ercice d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>opt<span class=\"_ _5\"/>ion. T<span class=\"_ _d\"/>ou<span class=\"_ _5\"/>te vari<span class=\"_ _5\"/>ation ult<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>ure du pas<span class=\"_ _5\"/>sif f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e e<span class=\"_ _5\"/>n r\u00e9sul<span class=\"_ _5\"/>tat en t<span class=\"_ _5\"/>ant que pr<span class=\"_ _5\"/>oduit f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier ou co<span class=\"_ _5\"/>\u00fbt fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>r<span class=\"_ _d\"/>. Lor<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>ans une ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion, la co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e compre<span class=\"_ _5\"/>nd</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une con<span class=\"_ _5\"/>trepa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie cond<span class=\"_ _5\"/>ition<span class=\"_ _5\"/>nelle (pa<span class=\"_ _5\"/>r exem<span class=\"_ _5\"/>ple, un ear<span class=\"_ _5\"/>n \u2013 out), ces m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>ont \u00e9va<span class=\"_ _5\"/>lu\u00e9s \u00e0 le<span class=\"_ _5\"/>ur jus<span class=\"_ _5\"/>te valeur \u00e0 l<span class=\"_ _5\"/>a date d'acquis<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>t ult\u00e9r<span class=\"_ _5\"/>ieu-</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rem<span class=\"_ _5\"/>ent \u00e0 cha<span class=\"_ _5\"/>que date de c<span class=\"_ _5\"/>l\u00f4ture. L<span class=\"_ _5\"/>es var<span class=\"_ _5\"/>iatio<span class=\"_ _5\"/>ns de la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur son<span class=\"_ _5\"/>t compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9es da<span class=\"_ _5\"/>ns le r\u00e9s<span class=\"_ _5\"/>ultat d'ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ap<span class=\"_ _5\"/>r\u00e8s comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ion init<span class=\"_ _5\"/>iale, le go<span class=\"_ _5\"/>odwill n\u2019es<span class=\"_ _5\"/>t pas amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i, mais s<span class=\"_ _5\"/>oumis an<span class=\"_ _5\"/>nuelle<span class=\"_ _5\"/>ment \u00e0 un te<span class=\"_ _5\"/>st d<span class=\"_ _5\"/>e r\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>. Le go<span class=\"_ _5\"/>odwill a<span class=\"_ _5\"/>cquis</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s regr<span class=\"_ _5\"/>oupe<span class=\"_ _5\"/>ment d\u2019entr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises e<span class=\"_ _5\"/>st<span class=\"_ _5\"/>, d\u00e8s la da<span class=\"_ _5\"/>te d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, allo<span class=\"_ _5\"/>u\u00e9 \u00e0 chaq<span class=\"_ _5\"/>ue unit\u00e9 g\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>trice d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie (\"UG<span class=\"_ _5\"/>T\") de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t qui pour-</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>t b\u00e9n\u00e9<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ier de ce r<span class=\"_ _5\"/>egroup<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt, pe<span class=\"_ _5\"/>u impo<span class=\"_ _5\"/>rte q<span class=\"_ _5\"/>ue d\u2019autre<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs e<span class=\"_ _5\"/>t pas<span class=\"_ _5\"/>sifs de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ntit\u00e9 a<span class=\"_ _5\"/>cquise s<span class=\"_ _5\"/>oient a<span class=\"_ _5\"/>ssig<span class=\"_ _5\"/>n\u00e9s da<span class=\"_ _5\"/>ns cet<span class=\"_ _5\"/>te unit\u00e9.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 192px; height: 380px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag390": {
   "value": "\n<div class=\"t m0 x5 hb yed ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Immobilisations inc<span class=\"_ _d\"/>orporelles</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ions in<span class=\"_ _5\"/>corp<span class=\"_ _5\"/>orelle<span class=\"_ _5\"/>s acquis<span class=\"_ _5\"/>es s<span class=\"_ _5\"/>\u00e9par\u00e9<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>ont reco<span class=\"_ _5\"/>nnue<span class=\"_ _5\"/>s au bilan co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9 lor<span class=\"_ _5\"/>sque le<span class=\"_ _5\"/>s condit<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>uivante<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t rempli<span class=\"_ _5\"/>es:</div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws37\" style=\"z-index: 15;\">(i) <span class=\"_ _48\"> </span> <span class=\"_ _3c\"/>l\u2019ac<span class=\"_ _5\"/>tif es<span class=\"_ _5\"/>t ide<span class=\"_ _5\"/>ntif<span class=\"_ _5\"/>iable, c<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st \u2013 \u00e0 \u2013 dir<span class=\"_ _5\"/>e soit s<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>able (s\u2019il p<span class=\"_ _5\"/>eut \u00eat<span class=\"_ _5\"/>re vend<span class=\"_ _5\"/>u, tra<span class=\"_ _5\"/>nsf\u00e9<span class=\"_ _5\"/>r\u00e9, lou<span class=\"_ _5\"/>\u00e9)<span class=\"_ _d\"/>, so<span class=\"_ _5\"/>it il r\u00e9s<span class=\"_ _5\"/>ulte de droi<span class=\"_ _5\"/>ts co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>els ou l<span class=\"_ _5\"/>\u00e9gau<span class=\"_ _5\"/>x ;</div>\n<div class=\"t m0 x2a h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(ii) <span class=\"_ _dc\"> </span>il es<span class=\"_ _5\"/>t pro<span class=\"_ _5\"/>bable qu<span class=\"_ _5\"/>e des ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s \u00e9cono<span class=\"_ _5\"/>mique<span class=\"_ _5\"/>s futur<span class=\"_ _5\"/>s at<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uable<span class=\"_ _5\"/>s \u00e0 l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif s<span class=\"_ _5\"/>eront g\u00e9<span class=\"_ _5\"/>n\u00e9r\u00e9<span class=\"_ _5\"/>s pour b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t ;</div>\n<div class=\"t m0 x2a h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(iii) <span class=\"_\"> </span>b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t peut co<span class=\"_ _5\"/>ntr\u00f4le<span class=\"_ _5\"/>r l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif ; e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x2a h8 yb8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(iv) <span class=\"_ _4\"> </span>le co\u00fbt de l<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif pe<span class=\"_ _5\"/>ut \u00eatr<span class=\"_ _5\"/>e \u00e9valu<span class=\"_ _5\"/>\u00e9 de mani\u00e8<span class=\"_ _5\"/>re f<span class=\"_ _5\"/>iable.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 57px; height: 110px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 la comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on init<span class=\"_ _5\"/>iale, les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>ons inco<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s sont \u00e9v<span class=\"_ _5\"/>alu\u00e9<span class=\"_ _5\"/>es \u00e0 leur co<span class=\"_ _5\"/>\u00fbt d\u2019acquisi<span class=\"_ _5\"/>tion (in<span class=\"_ _5\"/>cluant le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s dire<span class=\"_ _5\"/>ctem<span class=\"_ _5\"/>ent</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">at<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uable<span class=\"_ _5\"/>s \u00e0 la tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n, mais pa<span class=\"_ _5\"/>s les co\u00fb<span class=\"_ _5\"/>ts in<span class=\"_ _5\"/>direc<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s<span class=\"_ _d\"/>). Ult\u00e9<span class=\"_ _5\"/>rieur<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t, elle<span class=\"_ _5\"/>s sont \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>es au co<span class=\"_ _5\"/>\u00fbt sous d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">cumul\u00e9s<span class=\"_ _5\"/>, et des per<span class=\"_ _5\"/>tes de va<span class=\"_ _5\"/>leur \u00e9ventuelle<span class=\"_ _5\"/>s cumul\u00e9es<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions g\u00e9n<span class=\"_ _5\"/>\u00e9r\u00e9<span class=\"_ _5\"/>es en inte<span class=\"_ _5\"/>rne s<span class=\"_ _5\"/>ont ca<span class=\"_ _5\"/>pital<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s unique<span class=\"_ _5\"/>ment lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue le co\u00fbt a t<span class=\"_ _5\"/>rait \u00e0 un<span class=\"_ _5\"/>e phas<span class=\"_ _5\"/>e de d\u00e9ve<span class=\"_ _5\"/>loppe<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>. Les d<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>ses</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">li\u00e9<span class=\"_ _5\"/>es \u00e0 la pha<span class=\"_ _5\"/>se de re<span class=\"_ _5\"/>cher<span class=\"_ _5\"/>che so<span class=\"_ _5\"/>nt impu<span class=\"_ _5\"/>t\u00e9s dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>. Les d<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>ses li<span class=\"_ _5\"/>\u00e9es \u00e0 la p<span class=\"_ _5\"/>hase d<span class=\"_ _5\"/>e d\u00e9velo<span class=\"_ _5\"/>ppem<span class=\"_ _5\"/>ent so<span class=\"_ _5\"/>nt cap<span class=\"_ _5\"/>italis<span class=\"_ _5\"/>\u00e9e<span class=\"_ _5\"/>s. Au</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">sein de<span class=\"_ _d\"/> bpost, les immobil<span class=\"_ _d\"/>isations inc<span class=\"_ _d\"/>orporelles g\u00e9n\u00e9r<span class=\"_ _d\"/>\u00e9es en interne<span class=\"_ _d\"/> repr\u00e9sentent essentiell<span class=\"_ _d\"/>ement des proj<span class=\"_ _d\"/>et<span class=\"_ _5\"/>s<span class=\"_ _d\"/> informatiqu<span class=\"_ _d\"/>es.</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions inco<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s avec une d<span class=\"_ _5\"/>ur\u00e9e d\u2019ut<span class=\"_ _5\"/>ilit\u00e9 d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>e sont s<span class=\"_ _5\"/>yst\u00e9<span class=\"_ _5\"/>matiq<span class=\"_ _5\"/>ueme<span class=\"_ _5\"/>nt amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>es tout a<span class=\"_ _5\"/>u long de le<span class=\"_ _5\"/>ur vie \u00e9<span class=\"_ _5\"/>conomi<span class=\"_ _5\"/>que util<span class=\"_ _5\"/>e,</div>\n<div class=\"t m0 x5 h8 yae ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en ut<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>nt la m\u00e9t<span class=\"_ _5\"/>hode l<span class=\"_ _5\"/>in\u00e9aire<span class=\"_ _5\"/>. Les dur<span class=\"_ _5\"/>\u00e9es d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ut<span class=\"_ _5\"/>ilit\u00e9 app<span class=\"_ _5\"/>licab<span class=\"_ _5\"/>les so<span class=\"_ _5\"/>nt les su<span class=\"_ _5\"/>ivante<span class=\"_ _5\"/>s:</div>\n<div class=\"t m0 x7 hc y8c4 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">IMMOBILISATION<span class=\"_ _d\"/>S INCORPORELLES<span class=\"_ _1a0\"> </span><span class=\"ff7 fc0 ls41 ws4b\">DUR\u00c9E D\u2019UTILIT\u00c9</span></div>\n<div class=\"t m0 x7 hd y8c5 ff4 fs8 fc2 sc0 ls5a ws6e\" style=\"z-index: 15;\">Goo<span class=\"_ _5\"/>dwill</div>\n<div class=\"t m0 x164 hd y8c6 ff4 fs8 fc2 sc0 lsbb wsd8\" style=\"z-index: 15;\">Ind<span class=\"_ _5\"/>\u00e9fin<span class=\"_ _5\"/>i*</div>\n<div class=\"t m0 x7 hd y8c7 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Frais<span class=\"_ _d\"/> de d\u00e9vel<span class=\"_ _d\"/>oppement</div>\n<div class=\"t m0 x7 hd y8c8 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span>Frais de d\u00e9veloppe<span class=\"_ _5\"/>ment informatiques<span class=\"_ _1a1\"> </span><span class=\"ls0 ws0\">5 ans</span></div>\n<div class=\"t m0 x7 hd y8c9 ff4 fs8 fc2 sc0 ls27 ws107\" style=\"z-index: 15;\"> Brevet<span class=\"_ _1a2\"> </span><span class=\"ls0 ws0\">12 a<span class=\"_ _5\"/>ns</span></div>\n<div class=\"t m0 x7 hd y8ca ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span>Sav<span class=\"_ _5\"/>oir \u2013 fa<span class=\"_ _5\"/>ire<span class=\"_ _1a3\"> </span>5 ans m<span class=\"_ _5\"/>axim<span class=\"_ _5\"/>um\"</div>\n<div class=\"t m0 x7 hd y8cb ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Logiciels</div>\n<div class=\"t m0 xbe hd y8cc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">5 an ma<span class=\"_ _5\"/>ximu<span class=\"_ _5\"/>m</div>\n<div class=\"t m0 x7 hd y8cd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9<span class=\"_ _5\"/>nomin<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n clie<span class=\"_ _5\"/>nts*<span class=\"_ _5\"/>* inclu<span class=\"_ _5\"/>ant le r\u00e9<span class=\"_ _5\"/>sea<span class=\"_ _5\"/>u de vent<span class=\"_ _5\"/>e (co\u00fbt de re<span class=\"_ _5\"/>mpla<span class=\"_ _5\"/>ceme<span class=\"_ _5\"/>nt)</div>\n<div class=\"t m0 x165 hd y8ce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ent<span class=\"_ _5\"/>re 5 et 20 an<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y8cf ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Appellations commerciales incluant les marques**<span class=\"_ _1a4\"> </span><span class=\"ls0 ws0\">Ent<span class=\"_ _5\"/>re 5 et 1<span class=\"_ _5\"/>5 ans</span></div>\n\n<div class=\"t m0 x5 h10 y8d0 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -8px; z-index: 15;\">* <span class=\"_ _6\"> </span> <span class=\"_ _3c\"/>Le<span class=\"_ _5\"/>s immobi<span class=\"_ _5\"/>lisati<span class=\"_ _5\"/>ons incor<span class=\"_ _5\"/>porelle<span class=\"_ _5\"/>s \u00e0 dur\u00e9e d<span class=\"_ _5\"/>e vie util<span class=\"_ _5\"/>e ind\u00e9fin<span class=\"_ _5\"/>ie ne sont p<span class=\"_ _5\"/>as amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>es, ma<span class=\"_ _5\"/>is font cha<span class=\"_ _5\"/>que ann\u00e9<span class=\"_ _5\"/>e l'objet d'un te<span class=\"_ _5\"/>st de r\u00e9d<span class=\"_ _5\"/>ucti<span class=\"_ _5\"/>on de</div>\n<div class=\"t m0 x13 h10 y8d1 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -8px; z-index: 15;\">valeu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>. L<span class=\"_ _1\"/>'\u00e9valua<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>a dur\u00e9e de v<span class=\"_ _5\"/>ie ind\u00e9fi<span class=\"_ _5\"/>nie est r<span class=\"_ _5\"/>evue annu<span class=\"_ _5\"/>elleme<span class=\"_ _5\"/>nt afin de d\u00e9te<span class=\"_ _5\"/>rmine<span class=\"_ _5\"/>r si la dur\u00e9e d<span class=\"_ _5\"/>e vie ind\u00e9<span class=\"_ _5\"/>finie cont<span class=\"_ _5\"/>inue \u00e0 se jus<span class=\"_ _5\"/>tifier. Si</div>\n<div class=\"t m0 x13 h10 y8d2 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -7px; z-index: 15;\">ce n'est pas l<span class=\"_ _5\"/>e cas, le ch<span class=\"_ _5\"/>angeme<span class=\"_ _5\"/>nt de dur\u00e9e d<span class=\"_ _5\"/>e vie uti<span class=\"_ _5\"/>le ind\u00e9fi<span class=\"_ _5\"/>nie \u00e0 d\u00e9fi<span class=\"_ _5\"/>nie est e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9 de mani<span class=\"_ _5\"/>\u00e8re r\u00e9tro<span class=\"_ _5\"/>spec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h10 y8d3 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -8px; z-index: 15;\">** <span class=\"_ _1a5\"> </span>La dur\u00e9<span class=\"_ _5\"/>e de vie ut<span class=\"_ _5\"/>ile peut va<span class=\"_ _5\"/>rier d'un ca<span class=\"_ _5\"/>s \u00e0 l'autre et d\u00e9<span class=\"_ _5\"/>pend de l'\u00e9valu<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>ffect<span class=\"_ _5\"/>u\u00e9e au mom<span class=\"_ _5\"/>ent de l'affe<span class=\"_ _5\"/>ctati<span class=\"_ _5\"/>on du pri<span class=\"_ _5\"/>x d'achat<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 637px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 637px; height: 445px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag413": {
   "value": "\n<div class=\"t m0 x5 h10 y8d0 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -8px; z-index: 15;\">* <span class=\"_ _6\"> </span> <span class=\"_ _3c\"/>Le<span class=\"_ _5\"/>s immobi<span class=\"_ _5\"/>lisati<span class=\"_ _5\"/>ons incor<span class=\"_ _5\"/>porelle<span class=\"_ _5\"/>s \u00e0 dur\u00e9e d<span class=\"_ _5\"/>e vie util<span class=\"_ _5\"/>e ind\u00e9fin<span class=\"_ _5\"/>ie ne sont p<span class=\"_ _5\"/>as amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>es, ma<span class=\"_ _5\"/>is font cha<span class=\"_ _5\"/>que ann\u00e9<span class=\"_ _5\"/>e l'objet d'un te<span class=\"_ _5\"/>st de r\u00e9d<span class=\"_ _5\"/>ucti<span class=\"_ _5\"/>on de</div>\n<div class=\"t m0 x13 h10 y8d1 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -8px; z-index: 15;\">valeu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>. L<span class=\"_ _1\"/>'\u00e9valua<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>a dur\u00e9e de v<span class=\"_ _5\"/>ie ind\u00e9fi<span class=\"_ _5\"/>nie est r<span class=\"_ _5\"/>evue annu<span class=\"_ _5\"/>elleme<span class=\"_ _5\"/>nt afin de d\u00e9te<span class=\"_ _5\"/>rmine<span class=\"_ _5\"/>r si la dur\u00e9e d<span class=\"_ _5\"/>e vie ind\u00e9<span class=\"_ _5\"/>finie cont<span class=\"_ _5\"/>inue \u00e0 se jus<span class=\"_ _5\"/>tifier. Si</div>\n<div class=\"t m0 x13 h10 y8d2 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -7px; z-index: 15;\">ce n'est pas l<span class=\"_ _5\"/>e cas, le ch<span class=\"_ _5\"/>angeme<span class=\"_ _5\"/>nt de dur\u00e9e d<span class=\"_ _5\"/>e vie uti<span class=\"_ _5\"/>le ind\u00e9fi<span class=\"_ _5\"/>nie \u00e0 d\u00e9fi<span class=\"_ _5\"/>nie est e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9 de mani<span class=\"_ _5\"/>\u00e8re r\u00e9tro<span class=\"_ _5\"/>spec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h10 y8d3 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -8px; z-index: 15;\">** <span class=\"_ _1a5\"> </span>La dur\u00e9<span class=\"_ _5\"/>e de vie ut<span class=\"_ _5\"/>ile peut va<span class=\"_ _5\"/>rier d'un ca<span class=\"_ _5\"/>s \u00e0 l'autre et d\u00e9<span class=\"_ _5\"/>pend de l'\u00e9valu<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>ffect<span class=\"_ _5\"/>u\u00e9e au mom<span class=\"_ _5\"/>ent de l'affe<span class=\"_ _5\"/>ctati<span class=\"_ _5\"/>on du pri<span class=\"_ _5\"/>x d'achat<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 637px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 hb y87 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur s<span class=\"_ _5\"/>ur act<span class=\"_ _5\"/>ifs</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A cha<span class=\"_ _5\"/>que date de r<span class=\"_ _5\"/>epor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ng, bp<span class=\"_ _5\"/>ost \u00e9<span class=\"_ _5\"/>value s<span class=\"_ _5\"/>\u2019il y a indic<span class=\"_ _5\"/>ation q<span class=\"_ _5\"/>u\u2019<span class=\"_ _d\"/>un a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f doive \u00ea<span class=\"_ _5\"/>tre so<span class=\"_ _5\"/>umis \u00e0 une r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>. S<span class=\"_ _5\"/>i une indi<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n exis<span class=\"_ _5\"/>te, ou</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lor<span class=\"_ _5\"/>squ\u2019un tes<span class=\"_ _5\"/>t de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeur a<span class=\"_ _5\"/>nnuel e<span class=\"_ _5\"/>st n\u00e9<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>saire (c<span class=\"_ _5\"/>\u00e0d : goo<span class=\"_ _5\"/>dwill et im<span class=\"_ _5\"/>mobili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons inco<span class=\"_ _5\"/>rpor<span class=\"_ _5\"/>elles av<span class=\"_ _5\"/>ec dur\u00e9<span class=\"_ _5\"/>e de vie i<span class=\"_ _5\"/>nd\u00e9f<span class=\"_ _5\"/>inie), bpos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>time l<span class=\"_ _5\"/>a valeur r<span class=\"_ _5\"/>ecouv<span class=\"_ _5\"/>rab<span class=\"_ _5\"/>le de l\u2019act<span class=\"_ _5\"/>if. Une r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion de va<span class=\"_ _5\"/>leur es<span class=\"_ _5\"/>t comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue la vale<span class=\"_ _5\"/>ur compt<span class=\"_ _5\"/>able d\u2019un a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f d\u00e9pas<span class=\"_ _5\"/>se s<span class=\"_ _5\"/>on mont<span class=\"_ _5\"/>ant</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9c<span class=\"_ _5\"/>up\u00e9r<span class=\"_ _5\"/>able, c<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st \u2013 \u00e0 \u2013 dir<span class=\"_ _5\"/>e le mont<span class=\"_ _5\"/>ant le plu<span class=\"_ _5\"/>s haut ent<span class=\"_ _5\"/>re sa ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur<span class=\"_ _d\"/>, d\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>es fr<span class=\"_ _5\"/>ais de ven<span class=\"_ _5\"/>te (soit le mo<span class=\"_ _5\"/>ntant q<span class=\"_ _5\"/>ue bpo<span class=\"_ _5\"/>st r\u00e9<span class=\"_ _5\"/>cup\u00e8r<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">quan<span class=\"_ _5\"/>d elle ven<span class=\"_ _5\"/>d l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>) e<span class=\"_ _5\"/>t sa vale<span class=\"_ _5\"/>ur d\u2019utili<span class=\"_ _5\"/>t\u00e9 (soit le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t que bpo<span class=\"_ _5\"/>st g\u00e9n<span class=\"_ _5\"/>\u00e8rer<span class=\"_ _5\"/>ait si e<span class=\"_ _5\"/>lle contin<span class=\"_ _5\"/>uait \u00e0 uti<span class=\"_ _5\"/>liser l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if<span class=\"_ _5\"/>).</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Lor<span class=\"_ _5\"/>sque ce<span class=\"_ _5\"/>la es<span class=\"_ _5\"/>t pos<span class=\"_ _5\"/>sible, l<span class=\"_ _5\"/>es tes<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ont r\u00e9a<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s sur les a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s indi<span class=\"_ _5\"/>vidue<span class=\"_ _5\"/>ls<span class=\"_ _5\"/>. T<span class=\"_ _1\"/>out<span class=\"_ _5\"/>efois<span class=\"_ _5\"/>, lors<span class=\"_ _5\"/>que le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs ne g<span class=\"_ _5\"/>\u00e9n\u00e8r<span class=\"_ _5\"/>ent pas d<span class=\"_ _5\"/>es fl<span class=\"_ _5\"/>ux de tr<span class=\"_ _5\"/>\u00e9sor<span class=\"_ _5\"/>erie</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de man<span class=\"_ _5\"/>i\u00e8re in<span class=\"_ _5\"/>d\u00e9pe<span class=\"_ _5\"/>ndante, l<span class=\"_ _5\"/>e test e<span class=\"_ _5\"/>st r\u00e9<span class=\"_ _5\"/>alis\u00e9 a<span class=\"_ _5\"/>u niveau d<span class=\"_ _5\"/>e l\u2019unit\u00e9 g\u00e9n\u00e9<span class=\"_ _5\"/>ratr<span class=\"_ _5\"/>ice de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e (UGT) \u00e0 l<span class=\"_ _5\"/>aquel<span class=\"_ _5\"/>le l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif e<span class=\"_ _5\"/>st allo<span class=\"_ _5\"/>u\u00e9 (UGT = le p<span class=\"_ _5\"/>lus pet<span class=\"_ _5\"/>it</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gro<span class=\"_ _5\"/>upe d\u2019ac<span class=\"_ _5\"/>tifs id<span class=\"_ _5\"/>entif<span class=\"_ _5\"/>iab<span class=\"_ _5\"/>le qui g\u00e9n\u00e8<span class=\"_ _5\"/>re des f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie de ma<span class=\"_ _5\"/>ni\u00e8re in<span class=\"_ _5\"/>d\u00e9pe<span class=\"_ _5\"/>ndante d<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e g\u00e9n\u00e9r<span class=\"_ _5\"/>\u00e9s par le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es UGT<span class=\"_ _5\"/>).</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le c<span class=\"_ _5\"/>adre d<span class=\"_ _5\"/>u test d<span class=\"_ _5\"/>e r\u00e9du<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>, le go<span class=\"_ _5\"/>odwill d<span class=\"_ _5\"/>\u00e9gag\u00e9 lo<span class=\"_ _5\"/>rs d\u2019un re<span class=\"_ _5\"/>group<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s est<span class=\"_ _5\"/>, \u00e0 par<span class=\"_ _5\"/>tir d<span class=\"_ _5\"/>e la date d\u2019acquis<span class=\"_ _5\"/>ition<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">allou<span class=\"_ _5\"/>\u00e9 aux gr<span class=\"_ _5\"/>oupe<span class=\"_ _5\"/>s d\u2019UG<span class=\"_ _5\"/>T<span class=\"_ _1\"/>, cen<span class=\"_ _5\"/>s\u00e9s b<span class=\"_ _5\"/>\u00e9n\u00e9f<span class=\"_ _5\"/>ici<span class=\"_ _5\"/>er des s<span class=\"_ _5\"/>yne<span class=\"_ _5\"/>rgie<span class=\"_ _5\"/>s r\u00e9su<span class=\"_ _5\"/>ltant du r<span class=\"_ _5\"/>egrou<span class=\"_ _5\"/>peme<span class=\"_ _5\"/>nt.</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Lor<span class=\"_ _5\"/>squ\u2019une p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te de va<span class=\"_ _5\"/>leur es<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>tat\u00e9<span class=\"_ _5\"/>e, elle r\u00e9<span class=\"_ _5\"/>duit dan<span class=\"_ _5\"/>s un prem<span class=\"_ _5\"/>ier temp<span class=\"_ _5\"/>s la vale<span class=\"_ _5\"/>ur compt<span class=\"_ _5\"/>able de to<span class=\"_ _5\"/>ut goo<span class=\"_ _5\"/>dwill allo<span class=\"_ _5\"/>u\u00e9 aux g<span class=\"_ _5\"/>roupe<span class=\"_ _5\"/>s d\u2019UG<span class=\"_ _5\"/>T<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019exc\u00e9<span class=\"_ _5\"/>dent \u00e9ve<span class=\"_ _5\"/>ntuel e<span class=\"_ _5\"/>st al<span class=\"_ _5\"/>ors imp<span class=\"_ _5\"/>ut\u00e9 sur le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s de l\u2019UG<span class=\"_ _5\"/>T au pro<span class=\"_ _5\"/>rata d<span class=\"_ _5\"/>e leur val<span class=\"_ _5\"/>eur comp<span class=\"_ _5\"/>table<span class=\"_ _5\"/>, mais uniqu<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t dans la</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">me<span class=\"_ _5\"/>sure o\u00f9 la v<span class=\"_ _5\"/>aleur de v<span class=\"_ _5\"/>ente de ce<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs e<span class=\"_ _5\"/>st inf\u00e9<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>ure \u00e0 leur v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>le.</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r sur goo<span class=\"_ _5\"/>dwill ne p<span class=\"_ _5\"/>eut jama<span class=\"_ _5\"/>is \u00eatr<span class=\"_ _5\"/>e repr<span class=\"_ _5\"/>ise ult\u00e9<span class=\"_ _5\"/>rieu<span class=\"_ _5\"/>reme<span class=\"_ _5\"/>nt. Une p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te de va<span class=\"_ _5\"/>leur sur a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>st re<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e si</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>ons init<span class=\"_ _5\"/>iales qu<span class=\"_ _5\"/>i ont pr\u00e9<span class=\"_ _5\"/>valu au m<span class=\"_ _5\"/>oment d<span class=\"_ _5\"/>e la compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de la per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r ne sont p<span class=\"_ _5\"/>lus ren<span class=\"_ _5\"/>contr\u00e9<span class=\"_ _5\"/>es<span class=\"_ _5\"/>, et uniqu<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t dans</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la me<span class=\"_ _5\"/>sure o\u00f9 l<span class=\"_ _5\"/>a valeur co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>ble de l\u2019act<span class=\"_ _5\"/>if ne d\u00e9<span class=\"_ _5\"/>pass<span class=\"_ _5\"/>e pas le mo<span class=\"_ _5\"/>ntant q<span class=\"_ _5\"/>ui ser<span class=\"_ _5\"/>ait app<span class=\"_ _5\"/>aru, a<span class=\"_ _5\"/>pr\u00e8s a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s, si au<span class=\"_ _5\"/>cune p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te de vale<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u2019<span class=\"_ _d\"/>ava<span class=\"_ _5\"/>it \u00e9t\u00e9 pr<span class=\"_ _5\"/>ise en co<span class=\"_ _5\"/>mpte.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 612px; height: 350px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r est n<span class=\"_ _5\"/>\u00e9ces<span class=\"_ _5\"/>sair<span class=\"_ _5\"/>e si la vale<span class=\"_ _5\"/>ur de r\u00e9al<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ion net<span class=\"_ _5\"/>te d\u2019un \u00e9l<span class=\"_ _5\"/>\u00e9ment d<span class=\"_ _5\"/>e sto<span class=\"_ _5\"/>ck \u00e0 la date de cl<span class=\"_ _5\"/>\u00f4ture es<span class=\"_ _5\"/>t inf\u00e9<span class=\"_ _5\"/>rieur<span class=\"_ _5\"/>e au co\u00fbt<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 387px; height: 20px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise sur l'en<span class=\"_ _5\"/>semb<span class=\"_ _5\"/>le de se<span class=\"_ _5\"/>s cr\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s une pro<span class=\"_ _5\"/>visio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes sur c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s atte<span class=\"_ _5\"/>ndue<span class=\"_ _5\"/>s sur la bas<span class=\"_ _5\"/>e du mo<span class=\"_ _5\"/>d\u00e8le de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h7 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s sur cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>ues sur l<span class=\"_ _5\"/>a dur\u00e9e d<span class=\"_ _5\"/>e vie (\"<span class=\"ff5 ls4f ws5e\">EC<span class=\"_ _5\"/>L<span class=\"_ _3b\"/><span class=\"ff4 ls0 ws0\">\"). Com<span class=\"_ _5\"/>me les cr<span class=\"_ _5\"/>\u00e9ance<span class=\"_ _5\"/>s commer<span class=\"_ _5\"/>ciales n<span class=\"_ _5\"/>e contie<span class=\"_ _5\"/>nnen<span class=\"_ _5\"/>t pas de com<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>nte de f<span class=\"_ _5\"/>inancem<span class=\"_ _5\"/>ent </span></span></div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sign<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>ative<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t a choi<span class=\"_ _5\"/>si d'appliq<span class=\"_ _5\"/>uer l'appro<span class=\"_ _5\"/>che si<span class=\"_ _5\"/>mplif<span class=\"_ _5\"/>i\u00e9e p<span class=\"_ _5\"/>our cal<span class=\"_ _5\"/>culer le t<span class=\"_ _5\"/>aux de p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes de c<span class=\"_ _5\"/>r\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues e<span class=\"_ _5\"/>n utilis<span class=\"_ _5\"/>ant une m<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>ce de</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>, bas\u00e9<span class=\"_ _5\"/>e sur le<span class=\"_ _5\"/>s taux d<span class=\"_ _5\"/>e d\u00e9fa<span class=\"_ _5\"/>ut his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ues ada<span class=\"_ _5\"/>pt\u00e9s au<span class=\"_ _5\"/>x infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>ns ac<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>s et fu<span class=\"_ _5\"/>tures<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 897px; height: 65px; width: 88%; z-index: 5;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag407": {
   "value": "\n<div class=\"t m0 x5 hb ye ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Immobilisations c<span class=\"_ _d\"/>orporelles</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles s<span class=\"_ _5\"/>ont \u00e9va<span class=\"_ _5\"/>lu\u00e9e<span class=\"_ _5\"/>s \u00e0 leur co\u00fb<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on, so<span class=\"_ _5\"/>us d\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s amor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>se<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s r\u00e9du<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons de</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur \u00e9ven<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>es. L<span class=\"_ _5\"/>e co\u00fbt d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n inclut to<span class=\"_ _5\"/>us les co\u00fb<span class=\"_ _5\"/>ts dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>ts ain<span class=\"_ _5\"/>si que to<span class=\"_ _5\"/>us les co\u00fb<span class=\"_ _5\"/>ts n\u00e9<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>saire<span class=\"_ _5\"/>s pour a<span class=\"_ _5\"/>mene<span class=\"_ _5\"/>r l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif e<span class=\"_ _5\"/>n \u00e9tat</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">op\u00e9rationnel, selon<span class=\"_ _d\"/> l\u2019u<span class=\"_ _d\"/>sage pr\u00e9vu.</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les d<span class=\"_ _5\"/>\u00e9pe<span class=\"_ _5\"/>nses d<span class=\"_ _5\"/>e r\u00e9par<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns et d\u2019entr<span class=\"_ _5\"/>etie<span class=\"_ _5\"/>n qui ne fon<span class=\"_ _5\"/>t que mainte<span class=\"_ _5\"/>nir \u2013 et no<span class=\"_ _5\"/>n augme<span class=\"_ _5\"/>nter \u2013 la v<span class=\"_ _5\"/>aleur de<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>tions<span class=\"_ _5\"/>, sont p<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es en</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">char<span class=\"_ _5\"/>ge dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>. Par cont<span class=\"_ _5\"/>re, les d<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>ses d<span class=\"_ _5\"/>e gros<span class=\"_ _5\"/>ses r\u00e9<span class=\"_ _5\"/>para<span class=\"_ _5\"/>tions e<span class=\"_ _5\"/>t gros e<span class=\"_ _5\"/>ntret<span class=\"_ _5\"/>iens q<span class=\"_ _5\"/>ui augme<span class=\"_ _5\"/>ntent le<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages \u00e9<span class=\"_ _5\"/>cono<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">miqu<span class=\"_ _5\"/>es fut<span class=\"_ _5\"/>urs qui s<span class=\"_ _5\"/>eron<span class=\"_ _5\"/>t g\u00e9n\u00e9r<span class=\"_ _5\"/>\u00e9s par l\u2019i<span class=\"_ _5\"/>mmobi<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion, so<span class=\"_ _5\"/>nt iden<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>i\u00e9es co<span class=\"_ _5\"/>mme un \u00e9l<span class=\"_ _5\"/>\u00e9ment s<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>\u00e9 du co\u00fbt d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>runt dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t att<span class=\"_ _5\"/>ribua<span class=\"_ _5\"/>bles \u00e0 l\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n, la cons<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion ou la p<span class=\"_ _5\"/>rodu<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on d\u2019un ac<span class=\"_ _5\"/>tif po<span class=\"_ _5\"/>ur lequ<span class=\"_ _5\"/>el la p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>e pr\u00e9c\u00e9<span class=\"_ _5\"/>dant s<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>e s\u2019<span class=\"_ _d\"/>av\u00e8r<span class=\"_ _5\"/>e longue s<span class=\"_ _5\"/>ont ca<span class=\"_ _5\"/>pita<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s comme par<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>u co\u00fbt de l\u2019ac<span class=\"_ _5\"/>tif.</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le mo<span class=\"_ _5\"/>ntant a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sab<span class=\"_ _5\"/>le des imm<span class=\"_ _5\"/>obili<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>ns corp<span class=\"_ _5\"/>orel<span class=\"_ _5\"/>les es<span class=\"_ _5\"/>t r\u00e9pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ti sur leu<span class=\"_ _5\"/>r dur\u00e9e d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ut<span class=\"_ _5\"/>ilit\u00e9 pro<span class=\"_ _5\"/>bable, e<span class=\"_ _5\"/>n utili<span class=\"_ _5\"/>sant la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de lin\u00e9<span class=\"_ _5\"/>aire. Le</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sable co<span class=\"_ _5\"/>rre<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>d au co\u00fbt d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion, s<span class=\"_ _5\"/>auf po<span class=\"_ _5\"/>ur les v\u00e9<span class=\"_ _5\"/>hicule<span class=\"_ _5\"/>s. Pour ce<span class=\"_ _5\"/>ux \u2013 ci, le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>ble cor<span class=\"_ _5\"/>resp<span class=\"_ _5\"/>ond \u00e0 la</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur d\u2019acquisi<span class=\"_ _5\"/>tion m<span class=\"_ _5\"/>oins leur v<span class=\"_ _5\"/>aleur r<span class=\"_ _5\"/>\u00e9sidu<span class=\"_ _5\"/>elle en f<span class=\"_ _5\"/>in de v<span class=\"_ _5\"/>ie. Les d<span class=\"_ _5\"/>ur\u00e9e<span class=\"_ _5\"/>s de vie re<span class=\"_ _5\"/>tenue<span class=\"_ _5\"/>s sont le<span class=\"_ _5\"/>s suiv<span class=\"_ _5\"/>antes<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hc y8d4 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">IMMOBILISATION<span class=\"_ _d\"/>S CORPORELLES<span class=\"_ _1a6\"> </span><span class=\"ff7 fc0 ls41 ws4b\">DUR\u00c9E D'UTILIT\u00c9</span></div>\n<div class=\"t m0 x7 hd y8d5 ff4 fs8 fc2 sc0 lse4 ws108\" style=\"z-index: 15;\">Te<span class=\"_ _5\"/>r<span class=\"_ _5\"/>r<span class=\"_ _5\"/>a<span class=\"_ _5\"/>i<span class=\"_ _5\"/>n<span class=\"_ _5\"/>s<span class=\"_ _1a7\"> </span><span class=\"lsd9 ws58\">N/A</span></div>\n<div class=\"t m0 x7 hd y8d6 ff4 fs8 fc2 sc0 ls26 ws28\" style=\"z-index: 15;\">B\u00e2timents ad<span class=\"_ _d\"/>ministratifs c<span class=\"_ _d\"/>entraux<span class=\"_ _1a8\"> </span><span class=\"ls0 ws0\">40 a<span class=\"_ _5\"/>ns</span></div>\n<div class=\"t m0 x7 hd y8d7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>es du r\u00e9<span class=\"_ _5\"/>sea<span class=\"_ _5\"/>u<span class=\"_ _1a9\"> </span>40 a<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x7 hd y8d8 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">B\u00e2timents indu<span class=\"_ _d\"/>striel<span class=\"_ _5\"/>s, c<span class=\"_ _d\"/>entres de<span class=\"_ _d\"/> tri<span class=\"_ _1aa\"> </span><span class=\"ls0 ws0\">2<span class=\"_ _5\"/>5 ans</span></div>\n<div class=\"t m0 x7 hd y8d9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>ravaux d\u2019<span class=\"_ _d\"/>am\u00e9nagement<span class=\"_ _d\"/> des b\u00e2ti<span class=\"_ _d\"/>ments<span class=\"_ _1ab\"> </span><span class=\"ls2b ws2d\">10 ans</span></div>\n<div class=\"t m0 x7 hd y8da ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>acteur<span class=\"_ _5\"/>s et \u00e9l\u00e9vateurs<span class=\"_ _1ac\"> </span><span class=\"ls2b ws2d\">10 ans</span></div>\n<div class=\"t m0 x7 hd y8db ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">V\u00e9los et v\u00e9lomoteur<span class=\"_ _5\"/>s<span class=\"_ _1ad\"> </span><span class=\"ls0 ws0\">4 ans</span></div>\n<div class=\"t m0 x7 hd y8dc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res v<span class=\"_ _5\"/>\u00e9hicu<span class=\"_ _5\"/>les (vo<span class=\"_ _5\"/>iture<span class=\"_ _5\"/>s, c<span class=\"_ _5\"/>amion<span class=\"_ _5\"/>s, \u2026)<span class=\"_ _1ae\"> </span>5 ans</div>\n<div class=\"t m0 x7 hd y8dd ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Machines</div>\n<div class=\"t m0 x77 hd y8de ff4 fs8 fc2 sc0 ls31 ws33\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>-1<span class=\"_ _5\"/>0 a<span class=\"_ _5\"/>n<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y8df ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Mobilier<span class=\"_ _1af\"> </span><span class=\"ls2b ws2d\">10 ans</span></div>\n<div class=\"t m0 x7 hd y8e0 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">\u00c9quipement infor<span class=\"_ _5\"/>matique</div>\n<div class=\"t m0 xd5 hd y8e1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">4<span class=\"_ _5\"/>-5 an<span class=\"_ _5\"/>s</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 111px; height: 506px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag393": {
   "value": "\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Op\u00e9rations de location</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A la cr\u00e9<span class=\"_ _5\"/>ation du co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t, bp<span class=\"_ _5\"/>ost \u00e9v<span class=\"_ _5\"/>alue si le co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t est<span class=\"_ _5\"/>, ou cont<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>, une loc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>. Une loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n est un co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t par lequ<span class=\"_ _5\"/>el le dro<span class=\"_ _5\"/>it d\u2019utilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u2019un ac<span class=\"_ _5\"/>tif (l\u2019ac<span class=\"_ _5\"/>tif lou<span class=\"_ _5\"/>\u00e9) est o<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>roy\u00e9 pou<span class=\"_ _5\"/>r une p\u00e9r<span class=\"_ _5\"/>iod<span class=\"_ _5\"/>e d\u00e9ter<span class=\"_ _5\"/>min\u00e9<span class=\"_ _5\"/>e en \u00e9ch<span class=\"_ _5\"/>ange d\u2019une co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>us IFRS 16<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t appli<span class=\"_ _5\"/>que une ap<span class=\"_ _5\"/>proc<span class=\"_ _5\"/>he de comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on et \u00e9v<span class=\"_ _5\"/>aluati<span class=\"_ _5\"/>on uniqu<span class=\"_ _5\"/>e pour tou<span class=\"_ _5\"/>tes les l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>, except<span class=\"_ _5\"/>\u00e9 pour le<span class=\"_ _5\"/>s locat<span class=\"_ _5\"/>ions \u00e0</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me et l<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tifs \u00e0 f<span class=\"_ _5\"/>aible v<span class=\"_ _5\"/>aleur. En tant qu<span class=\"_ _5\"/>e pren<span class=\"_ _5\"/>eur de ba<span class=\"_ _5\"/>il, bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion af<span class=\"_ _5\"/>in que le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s li\u00e9s \u00e0 la</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">loc<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s au tit<span class=\"_ _5\"/>re du dro<span class=\"_ _5\"/>it d\u2019utilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n repr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>tent le dro<span class=\"_ _5\"/>it d\u2019utili<span class=\"_ _5\"/>ser le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs s<span class=\"_ _5\"/>ous \u2013 jace<span class=\"_ _5\"/>nts<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s au ti<span class=\"_ _5\"/>tre du d<span class=\"_ _5\"/>roit d<span class=\"_ _5\"/>'util<span class=\"_ _5\"/>isa<span class=\"_ _5\"/>tion<span class=\"ff5\"> </span></span></div>\n<div class=\"t m0 x2a h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le co\u00fb<span class=\"_ _5\"/>t des ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s au tit<span class=\"_ _5\"/>re du droi<span class=\"_ _5\"/>t d'utilis<span class=\"_ _5\"/>ation co<span class=\"_ _5\"/>mpre<span class=\"_ _5\"/>nd le mont<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s et les p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e loca<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x2a h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>u\u00e9s au p<span class=\"_ _5\"/>lus tar<span class=\"_ _5\"/>d \u00e0 la date d'entr<span class=\"_ _5\"/>\u00e9e en vi<span class=\"_ _5\"/>gueur (p<span class=\"_ _5\"/>ar exem<span class=\"_ _5\"/>ple, de<span class=\"_ _5\"/>s pr\u00e9p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nts), d\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion fa<span class=\"_ _5\"/>ite des \u00e9<span class=\"_ _5\"/>ventue<span class=\"_ _5\"/>ls ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s re\u00e7us a<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x2a h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tit<span class=\"_ _5\"/>re de la lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n. Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s au titr<span class=\"_ _5\"/>e du droit d'ut<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>tion s<span class=\"_ _5\"/>ont amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>is de fa<span class=\"_ _5\"/>\u00e7on lin\u00e9<span class=\"_ _5\"/>aire sur la d<span class=\"_ _5\"/>ur\u00e9e la p<span class=\"_ _5\"/>lus cour<span class=\"_ _5\"/>te ent<span class=\"_ _5\"/>re leur</div>\n<div class=\"t m0 x2a h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur\u00e9<span class=\"_ _5\"/>e d'utilit<span class=\"_ _5\"/>\u00e9 est<span class=\"_ _5\"/>im\u00e9e e<span class=\"_ _5\"/>t la dur\u00e9<span class=\"_ _5\"/>e du contr<span class=\"_ _5\"/>at de loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n. Les a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>fs au ti<span class=\"_ _5\"/>tre du dr<span class=\"_ _5\"/>oit d'utili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on sont s<span class=\"_ _5\"/>oumis \u00e0 l<span class=\"_ _5\"/>a r\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h7 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls35 ws3b\">Dettes de location<span class=\"_ _d\"/><span class=\"ff5 ls0 ws0\"> </span></span></div>\n<div class=\"t m0 x2a h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e loca<span class=\"_ _5\"/>tion com<span class=\"_ _5\"/>prenn<span class=\"_ _5\"/>ent le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fixe<span class=\"_ _5\"/>s (y com<span class=\"_ _5\"/>pris l<span class=\"_ _5\"/>es paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>ixes en s<span class=\"_ _5\"/>ubst<span class=\"_ _5\"/>ance), des<span class=\"_ _5\"/>quel<span class=\"_ _5\"/>s on d\u00e9d<span class=\"_ _5\"/>uit tout av<span class=\"_ _5\"/>an-</div>\n<div class=\"t m0 x2a h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tag<span class=\"_ _5\"/>e \u00e0 recevo<span class=\"_ _5\"/>ir au tit<span class=\"_ _5\"/>re de la lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n, les pa<span class=\"_ _5\"/>ieme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion va<span class=\"_ _5\"/>riable<span class=\"_ _5\"/>s d\u00e9p<span class=\"_ _5\"/>endant d'un i<span class=\"_ _5\"/>ndice ou d'un t<span class=\"_ _5\"/>aux<span class=\"_ _5\"/>, et les m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>ts \u00e0 paye<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x2a h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>s en ver<span class=\"_ _5\"/>tu de g<span class=\"_ _5\"/>aran<span class=\"_ _5\"/>ties d<span class=\"_ _5\"/>e valeur r<span class=\"_ _5\"/>\u00e9sid<span class=\"_ _5\"/>uelle. L<span class=\"_ _5\"/>a plupa<span class=\"_ _5\"/>rt d<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es b\u00e2t<span class=\"_ _5\"/>iment<span class=\"_ _5\"/>s be<span class=\"_ _5\"/>lges so<span class=\"_ _5\"/>nt par ex<span class=\"_ _5\"/>emple s<span class=\"_ _5\"/>oumis \u00e0</div>\n<div class=\"t m0 x2a h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une in<span class=\"_ _5\"/>dexa<span class=\"_ _5\"/>tion t<span class=\"_ _5\"/>andis qu<span class=\"_ _5\"/>e la plupar<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e b\u00e2tim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s aux Etat<span class=\"_ _5\"/>s \u2013 Unis o<span class=\"_ _5\"/>nt des pa<span class=\"_ _5\"/>ieme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion f<span class=\"_ _5\"/>ixes<span class=\"_ _5\"/>. \u00c0 noter q<span class=\"_ _5\"/>ue</div>\n<div class=\"t m0 x2a h8 y8f ff4 fs3 fc2 sc0 ls0 ws37\" style=\"z-index: 15;\">la T<span class=\"_ _5\"/>VA non r<span class=\"_ _5\"/>\u00e9cup\u00e9<span class=\"_ _5\"/>rab<span class=\"_ _5\"/>le n<span class=\"_ _d\"/>'es<span class=\"_ _5\"/>t pas inc<span class=\"_ _5\"/>luse dan<span class=\"_ _5\"/>s les pai<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on et e<span class=\"_ _5\"/>st touj<span class=\"_ _5\"/>ours co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s<span class=\"_ _5\"/>. Les pai<span class=\"_ _5\"/>e<span class=\"ws0\">-</span></div>\n<div class=\"t m0 x2a h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion comp<span class=\"_ _5\"/>renne<span class=\"_ _5\"/>nt \u00e9gal<span class=\"_ _5\"/>ement l<span class=\"_ _5\"/>e prix d'e<span class=\"_ _5\"/>xercice d'un<span class=\"_ _5\"/>e optio<span class=\"_ _5\"/>n d'achat don<span class=\"_ _5\"/>t il es<span class=\"_ _5\"/>t rais<span class=\"_ _5\"/>onnabl<span class=\"_ _5\"/>ement ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tain qu'elle s<span class=\"_ _5\"/>era le<span class=\"_ _5\"/>v\u00e9e</div>\n<div class=\"t m0 x2a h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par b<span class=\"_ _5\"/>post<span class=\"_ _5\"/>. Par<span class=\"_ _5\"/>all\u00e8le<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>, les ter<span class=\"_ _5\"/>mes e<span class=\"_ _5\"/>t paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation p<span class=\"_ _5\"/>euve<span class=\"_ _5\"/>nt compr<span class=\"_ _5\"/>endre l<span class=\"_ _5\"/>es paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de p\u00e9<span class=\"_ _5\"/>nalit\u00e9<span class=\"_ _5\"/>s en cas d<span class=\"_ _5\"/>e r\u00e9sil<span class=\"_ _5\"/>iation d'un</div>\n<div class=\"t m0 x2a h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>rat de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on, si la du<span class=\"_ _5\"/>r\u00e9e du con<span class=\"_ _5\"/>trat r<span class=\"_ _5\"/>efl\u00e8<span class=\"_ _5\"/>te l'exerc<span class=\"_ _5\"/>ice par bp<span class=\"_ _5\"/>ost de s<span class=\"_ _5\"/>on opt<span class=\"_ _5\"/>ion de r\u00e9<span class=\"_ _5\"/>siliat<span class=\"_ _5\"/>ion. Po<span class=\"_ _5\"/>ur les cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de bail co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>cial 3/6/9</div>\n<div class=\"t m0 x2a h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue, bpo<span class=\"_ _5\"/>st a le dro<span class=\"_ _5\"/>it d\u2019annuler l<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at unilat\u00e9r<span class=\"_ _5\"/>alem<span class=\"_ _5\"/>ent apr<span class=\"_ _5\"/>\u00e8s 3 ans<span class=\"_ _5\"/>. Etant d<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>e l\u2019incer<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>tude da<span class=\"_ _5\"/>ns la reco<span class=\"_ _5\"/>nduc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n d\u2019un contr<span class=\"_ _5\"/>at</div>\n<div class=\"t m0 x2a h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de bai<span class=\"_ _5\"/>l de gar<span class=\"_ _5\"/>age, bur<span class=\"_ _5\"/>eau de po<span class=\"_ _5\"/>ste et le<span class=\"_ _5\"/>s poin<span class=\"_ _5\"/>ts de ve<span class=\"_ _5\"/>nte du r\u00e9<span class=\"_ _5\"/>seau ap<span class=\"_ _5\"/>r\u00e8s 3 an<span class=\"_ _5\"/>s, le ter<span class=\"_ _5\"/>me de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t limit\u00e9 \u00e0 3 an<span class=\"_ _5\"/>s. Le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cat<span class=\"_ _5\"/>ion var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s qui ne d\u00e9<span class=\"_ _5\"/>pen<span class=\"_ _5\"/>dent pa<span class=\"_ _5\"/>s d'un indice ou d'un t<span class=\"_ _5\"/>aux s<span class=\"_ _5\"/>ont compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9s e<span class=\"_ _5\"/>n charge<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>a p\u00e9r<span class=\"_ _5\"/>iode au co<span class=\"_ _5\"/>urs de l<span class=\"_ _5\"/>aquell<span class=\"_ _5\"/>e sur<span class=\"_ _5\"/>vie<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x2a h8 yc ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">l'<span class=\"_ _1\"/>\u00e9v\u00e9nement ou la<span class=\"_ _d\"/> condition<span class=\"_ _d\"/> qui d\u00e9cl<span class=\"_ _d\"/>enche le p<span class=\"_ _d\"/>aiement.<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x2a h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x2a h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour c<span class=\"_ _5\"/>alcule<span class=\"_ _5\"/>r la valeu<span class=\"_ _5\"/>r act<span class=\"_ _5\"/>uelle de<span class=\"_ _5\"/>s paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, bpo<span class=\"_ _5\"/>st re<span class=\"_ _5\"/>cour<span class=\"_ _5\"/>t au ta<span class=\"_ _5\"/>ux d'empr<span class=\"_ _5\"/>unt marg<span class=\"_ _5\"/>inal \u00e0 la date d'ent<span class=\"_ _5\"/>r\u00e9e e<span class=\"_ _5\"/>n vigue<span class=\"_ _5\"/>ur du</div>\n<div class=\"t m0 x2a h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>rat de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on si le ta<span class=\"_ _5\"/>ux d'int\u00e9r<span class=\"_ _5\"/>\u00eat impli<span class=\"_ _5\"/>cite du con<span class=\"_ _5\"/>trat de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion ne p<span class=\"_ _5\"/>eut pas \u00ea<span class=\"_ _5\"/>tre d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9 fac<span class=\"_ _5\"/>ileme<span class=\"_ _5\"/>nt. A<span class=\"_ _5\"/>pr\u00e8s la d<span class=\"_ _5\"/>ate d'entr\u00e9<span class=\"_ _5\"/>e en</div>\n<div class=\"t m0 x2a h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vig<span class=\"_ _5\"/>ueur, le monta<span class=\"_ _5\"/>nt des d<span class=\"_ _5\"/>ett<span class=\"_ _5\"/>es de loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n est a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>t\u00e9 pour te<span class=\"_ _5\"/>nir compte d<span class=\"_ _5\"/>e la d\u00e9s<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duit en fo<span class=\"_ _5\"/>nct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n effe<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>\u00e9s. D<span class=\"_ _5\"/>e plus<span class=\"_ _5\"/>, la vale<span class=\"_ _5\"/>ur compt<span class=\"_ _5\"/>able de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t r\u00e9\u00e9v<span class=\"_ _5\"/>alu\u00e9<span class=\"_ _5\"/>e en cas d<span class=\"_ _5\"/>e modif<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>, de change<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">au ni<span class=\"_ _5\"/>veau de la dur<span class=\"_ _5\"/>\u00e9e du con<span class=\"_ _5\"/>trat d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion, de<span class=\"_ _5\"/>s paie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n fix<span class=\"_ _5\"/>\u00e9s en sub<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>nce ou de l'\u00e9va<span class=\"_ _5\"/>luation v<span class=\"_ _5\"/>isan<span class=\"_ _5\"/>t \u00e0 l'<span class=\"_ _d\"/>ach<span class=\"_ _5\"/>at de l'act<span class=\"_ _5\"/>if sou<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2013 jace<span class=\"_ _5\"/>nt.</div>\n<div class=\"t m0 x5 h7 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls35 ws3b\">Contrats de loca<span class=\"_ _d\"/>tion d\u2019a<span class=\"_ _d\"/>ctif<span class=\"_ _5\"/>s<span class=\"_ _d\"/> de faible valeur<span class=\"_ _d\"/><span class=\"ff5 ls0 ws0\"> </span></span></div>\n<div class=\"t m0 x2a h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s exemp<span class=\"_ _5\"/>tions co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>nant les co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion don<span class=\"_ _5\"/>t le bien s<span class=\"_ _5\"/>ous \u2013 jace<span class=\"_ _5\"/>nt es<span class=\"_ _5\"/>t de vale<span class=\"_ _5\"/>ur inf\u00e9r<span class=\"_ _5\"/>ieure \u00e0 5<span class=\"_ _5\"/>.00<span class=\"_ _5\"/>0 EUR, p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent pou<span class=\"_ _5\"/>r des</div>\n<div class=\"t m0 x2a h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ar<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>les info<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>iques<span class=\"_ _5\"/>, tel<span class=\"_ _5\"/>s que des i<span class=\"_ _5\"/>mprim<span class=\"_ _5\"/>antes e<span class=\"_ _5\"/>t la loca<span class=\"_ _5\"/>tion d\u2019esp<span class=\"_ _5\"/>aces p<span class=\"_ _5\"/>our les di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibute<span class=\"_ _5\"/>urs de pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7\">Con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on d\u2019ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me<span class=\"ff5\"> </span></span></div>\n<div class=\"t m0 x2a h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s exemp<span class=\"_ _5\"/>tions co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>nant les co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur les v\u00e9<span class=\"_ _5\"/>hicule<span class=\"_ _5\"/>s dont la dur<span class=\"_ _5\"/>\u00e9e de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t de 12 mo<span class=\"_ _5\"/>is ou moi<span class=\"_ _5\"/>ns.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 447px; height: 635px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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  "Tag395": {
   "value": "\n<div class=\"t m0 x5 hb y56 ff5 fs6 fc3 sc0 ls51 ws61\" style=\"z-index: 15;\">Immeubles de<span class=\"_ _d\"/> placement</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmeub<span class=\"_ _5\"/>les de pl<span class=\"_ _5\"/>aceme<span class=\"_ _5\"/>nt sont p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent cons<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>u\u00e9s d\u2019appa<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s sit<span class=\"_ _5\"/>u\u00e9s dan<span class=\"_ _5\"/>s des imm<span class=\"_ _5\"/>euble<span class=\"_ _5\"/>s utili<span class=\"_ _5\"/>s\u00e9s com<span class=\"_ _5\"/>me bure<span class=\"_ _5\"/>aux de p<span class=\"_ _5\"/>oste,</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lou\u00e9<span class=\"_ _5\"/>s af<span class=\"_ _5\"/>in d\u2019<span class=\"_ _d\"/>obt<span class=\"_ _5\"/>enir de<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us loca<span class=\"_ _5\"/>tifs<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmeub<span class=\"_ _5\"/>les de pl<span class=\"_ _5\"/>aceme<span class=\"_ _5\"/>nt sont \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur co\u00fb<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion, s<span class=\"_ _5\"/>ous d\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s cumu<span class=\"_ _5\"/>l\u00e9s \u00e9ve<span class=\"_ _5\"/>ntuel<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur \u00e9ven<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>es. L<span class=\"_ _5\"/>e mont<span class=\"_ _5\"/>ant amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i es<span class=\"_ _5\"/>t allou\u00e9 d<span class=\"_ _5\"/>e mani\u00e8r<span class=\"_ _5\"/>e sys<span class=\"_ _5\"/>t\u00e9mat<span class=\"_ _5\"/>ique en f<span class=\"_ _5\"/>onc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e la dur\u00e9e d<span class=\"_ _5\"/>\u2019utilit\u00e9 d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif en u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ant</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>de d\u2019amor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent lin<span class=\"_ _5\"/>\u00e9aire. L<span class=\"_ _5\"/>a dur\u00e9<span class=\"_ _5\"/>e d\u2019utilit\u00e9 a<span class=\"_ _5\"/>pplic<span class=\"_ _5\"/>able es<span class=\"_ _5\"/>t rep<span class=\"_ _5\"/>rise d<span class=\"_ _5\"/>ans le ta<span class=\"_ _5\"/>bleau in<span class=\"_ _5\"/>clus dans l<span class=\"_ _5\"/>a sec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n \u201c Immob<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ions</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">corporelles\u201d<span class=\"_ _1\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 297px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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  "Tag409": {
   "value": "\n<div class=\"t m0 x5 hb y60 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s <span class=\"_ _d\"/>d\u00e9<span class=\"_ _5\"/>tenus en vu<span class=\"_ _5\"/>e <span class=\"_ _d\"/>de la vent<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs no<span class=\"_ _5\"/>n couran<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ont clas<span class=\"_ _5\"/>s\u00e9<span class=\"_ _5\"/>s en tan<span class=\"_ _5\"/>t qu\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9ten<span class=\"_ _5\"/>us en vu<span class=\"_ _5\"/>e de la vente s<span class=\"_ _5\"/>ous un<span class=\"_ _5\"/>e rubr<span class=\"_ _5\"/>ique di<span class=\"_ _5\"/>stin<span class=\"_ _5\"/>cte du b<span class=\"_ _5\"/>ilan si le<span class=\"_ _5\"/>ur valeu<span class=\"_ _5\"/>r compta<span class=\"_ _5\"/>ble</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t reco<span class=\"_ _5\"/>uvr\u00e9<span class=\"_ _5\"/>e prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment v<span class=\"_ _5\"/>ia la vente pl<span class=\"_ _5\"/>ut\u00f4t que pa<span class=\"_ _5\"/>r une util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on conti<span class=\"_ _5\"/>nue. Ce<span class=\"_ _5\"/>ci es<span class=\"_ _5\"/>t appli<span class=\"_ _5\"/>cable s<span class=\"_ _5\"/>i cer<span class=\"_ _5\"/>tains c<span class=\"_ _5\"/>rit\u00e8<span class=\"_ _5\"/>res s<span class=\"_ _5\"/>tric<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s sont re<span class=\"_ _5\"/>ncon<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr\u00e9<span class=\"_ _5\"/>s (lance<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>un pr<span class=\"_ _5\"/>ogra<span class=\"_ _5\"/>mme ac<span class=\"_ _5\"/>tif v<span class=\"_ _5\"/>isant \u00e0 t<span class=\"_ _5\"/>rouve<span class=\"_ _5\"/>r un ache<span class=\"_ _5\"/>teur, propr<span class=\"_ _5\"/>i\u00e9t\u00e9 di<span class=\"_ _5\"/>sponi<span class=\"_ _5\"/>ble pour u<span class=\"_ _5\"/>ne vente im<span class=\"_ _5\"/>m\u00e9diat<span class=\"_ _5\"/>e dans so<span class=\"_ _5\"/>n \u00e9tat a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>el,</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vente h<span class=\"_ _5\"/>autem<span class=\"_ _5\"/>ent pro<span class=\"_ _5\"/>bable et e<span class=\"_ _5\"/>scom<span class=\"_ _5\"/>pt\u00e9e dan<span class=\"_ _5\"/>s l\u2019<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>\u00e9e \u00e0 par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r de la date de c<span class=\"_ _5\"/>lass<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n<span class=\"_ _d\"/>). Le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs no<span class=\"_ _5\"/>n coura<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9s a<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant de le p<span class=\"_ _5\"/>lus bas e<span class=\"_ _5\"/>ntre la v<span class=\"_ _5\"/>aleur ne<span class=\"_ _5\"/>tte co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>ble et la ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur dimin<span class=\"_ _5\"/>u\u00e9e de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s de la ve<span class=\"_ _5\"/>nte.</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles d\u00e9<span class=\"_ _5\"/>tenue<span class=\"_ _5\"/>s en vu<span class=\"_ _5\"/>e de la vente n<span class=\"_ _5\"/>e sont p<span class=\"_ _5\"/>lus amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ies d\u00e8<span class=\"_ _5\"/>s qu'elles s<span class=\"_ _5\"/>ont clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9e<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9tenu<span class=\"_ _5\"/>es en v<span class=\"_ _5\"/>ue de la</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vente<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 117px; height: 155px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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  "Tag410": {
   "value": "\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Collection de timbres</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e timbr<span class=\"_ _5\"/>es qui es<span class=\"_ _5\"/>t la pr<span class=\"_ _5\"/>opri<span class=\"_ _5\"/>\u00e9t\u00e9 de bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>st \u00e9v<span class=\"_ _5\"/>alu\u00e9e \u00e0 s<span class=\"_ _5\"/>a vale<span class=\"_ _5\"/>ur r\u00e9\u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>e, d\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion fai<span class=\"_ _5\"/>te d\u2019une d\u00e9<span class=\"_ _5\"/>cote pour ma<span class=\"_ _5\"/>nque de l<span class=\"_ _5\"/>iquidi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">t\u00e9. Le<span class=\"_ _5\"/>s valeu<span class=\"_ _5\"/>rs r\u00e9<span class=\"_ _5\"/>\u00e9valu<span class=\"_ _5\"/>\u00e9es s<span class=\"_ _5\"/>ont d\u00e9t<span class=\"_ _5\"/>ermin<span class=\"_ _5\"/>\u00e9es p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>odique<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>ur base d<span class=\"_ _5\"/>u prix d<span class=\"_ _5\"/>u march\u00e9<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t pro<span class=\"_ _5\"/>c\u00e8de \u00e0 un<span class=\"_ _5\"/>e r\u00e9\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n de son p<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>moine</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tous le<span class=\"_ _5\"/>s cinq a<span class=\"_ _5\"/>ns (la der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e ayant eu l<span class=\"_ _5\"/>ieu en 20<span class=\"_ _5\"/>20). La colle<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on de tim<span class=\"_ _5\"/>bres e<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans la r<span class=\"_ _5\"/>ubri<span class=\"_ _5\"/>que \u201c<span class=\"_ _d\"/>Aut<span class=\"_ _5\"/>res im<span class=\"_ _5\"/>mobili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles\u201d du b<span class=\"_ _5\"/>ilan.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 987px; height: 95px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 hb yb ff7 fs6 fc3 sc0 ls0 wsd6\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res reve<span class=\"_ _5\"/>nus d\u2019exploi<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains sur l<span class=\"_ _5\"/>a cess<span class=\"_ _5\"/>ion d'ac<span class=\"_ _5\"/>tifs s<span class=\"_ _5\"/>ont d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9s en co<span class=\"_ _5\"/>mpara<span class=\"_ _5\"/>nt le pro<span class=\"_ _5\"/>duit ne<span class=\"_ _5\"/>t re\u00e7u de l<span class=\"_ _5\"/>a cess<span class=\"_ _5\"/>ion de l'ac<span class=\"_ _5\"/>tif ave<span class=\"_ _5\"/>c la valeu<span class=\"_ _5\"/>r compt<span class=\"_ _5\"/>able de l'ac<span class=\"_ _5\"/>tif au</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mom<span class=\"_ _5\"/>ent de la ve<span class=\"_ _5\"/>nte.</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s locat<span class=\"_ _5\"/>ifs pr<span class=\"_ _5\"/>ovenant d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e loca<span class=\"_ _5\"/>tion sim<span class=\"_ _5\"/>ple ou d'imm<span class=\"_ _5\"/>euble<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cement s<span class=\"_ _5\"/>ont com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s de mani\u00e8<span class=\"_ _5\"/>re lin\u00e9a<span class=\"_ _5\"/>ire sur la</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur\u00e9<span class=\"_ _5\"/>e du contr<span class=\"_ _5\"/>at de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>ubvent<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>t les aide<span class=\"_ _5\"/>s publ<span class=\"_ _5\"/>iques s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s en r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s char<span class=\"_ _5\"/>ges et com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>ent le<span class=\"_ _5\"/>s charge<span class=\"_ _5\"/>s conne<span class=\"_ _5\"/>xes au<span class=\"_ _5\"/>xquell<span class=\"_ _5\"/>es la</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">subve<span class=\"_ _5\"/>ntion e<span class=\"_ _5\"/>st d<span class=\"_ _5\"/>est<span class=\"_ _5\"/>in\u00e9e<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 552px; height: 155px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfOtherAccountingPoliciesRelevantToUnderstandingOfFinancialStatements",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag396": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 hb yf ff7 fs6 fc3 sc0 lse5 ws109\" style=\"z-index: 15;\">Stocks</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>tock<span class=\"_ _5\"/>s so<span class=\"_ _5\"/>nt \u00e9valu<span class=\"_ _5\"/>\u00e9s au mo<span class=\"_ _5\"/>ntant l<span class=\"_ _5\"/>e plus bas e<span class=\"_ _5\"/>ntre le<span class=\"_ _5\"/>ur co\u00fbt d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n ou \u00e0 leur v<span class=\"_ _5\"/>aleur ne<span class=\"_ _5\"/>tte d<span class=\"_ _5\"/>e r\u00e9alis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n \u00e0 la date du bila<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pr<span class=\"_ _5\"/>ix d\u2019acquis<span class=\"_ _5\"/>ition d<span class=\"_ _5\"/>es sto<span class=\"_ _5\"/>ck<span class=\"_ _5\"/>s des bie<span class=\"_ _5\"/>ns ach<span class=\"_ _5\"/>et\u00e9s e<span class=\"_ _5\"/>n vue de la r<span class=\"_ _5\"/>evente e<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9 par ap<span class=\"_ _5\"/>plic<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la m\u00e9th<span class=\"_ _5\"/>ode FI<span class=\"_ _5\"/>FO. Les s<span class=\"_ _5\"/>tock<span class=\"_ _5\"/>s de fai<span class=\"_ _5\"/>ble</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">imp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tance d<span class=\"_ _5\"/>ont la va<span class=\"_ _5\"/>leur et la co<span class=\"_ _5\"/>mposi<span class=\"_ _5\"/>tion re<span class=\"_ _5\"/>ste<span class=\"_ _5\"/>nt st<span class=\"_ _5\"/>ables d<span class=\"_ _5\"/>ans le temp<span class=\"_ _5\"/>s sont p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9s au b<span class=\"_ _5\"/>ilan po<span class=\"_ _5\"/>ur une vale<span class=\"_ _5\"/>ur fi<span class=\"_ _5\"/>xe.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le co\u00fb<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on des s<span class=\"_ _5\"/>tock<span class=\"_ _5\"/>s de pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inis comp<span class=\"_ _5\"/>rend to<span class=\"_ _5\"/>us les co\u00fb<span class=\"_ _5\"/>ts qui s<span class=\"_ _5\"/>ont n\u00e9<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>saire<span class=\"_ _5\"/>s pour a<span class=\"_ _5\"/>mene<span class=\"_ _5\"/>r le prod<span class=\"_ _5\"/>uit o\u00f9 il s<span class=\"_ _5\"/>e trou<span class=\"_ _5\"/>ve dans</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l\u2019\u00e9tat dan<span class=\"_ _5\"/>s leque<span class=\"_ _5\"/>l il se tr<span class=\"_ _5\"/>ouve, y co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s les co\u00fbt<span class=\"_ _5\"/>s de pr<span class=\"_ _5\"/>oduc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n indire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>s. L<span class=\"_ _5\"/>e prix d<span class=\"_ _5\"/>e revi<span class=\"_ _5\"/>ent des t<span class=\"_ _5\"/>imbre<span class=\"_ _5\"/>s inclu<span class=\"_ _5\"/>t les co\u00fbt<span class=\"_ _5\"/>s dire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>s et in<span class=\"_ _5\"/>direc<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pro<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>, \u00e0 l\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xclus<span class=\"_ _5\"/>ion des co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>runt e<span class=\"_ _5\"/>t des fr<span class=\"_ _5\"/>ais g\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>ux qui ne co<span class=\"_ _5\"/>ntrib<span class=\"_ _5\"/>uent pa<span class=\"_ _5\"/>s \u00e0 amen<span class=\"_ _5\"/>er le pro<span class=\"_ _5\"/>duit o\u00f9 il s<span class=\"_ _5\"/>e tro<span class=\"_ _5\"/>uve dans l\u2019\u00e9ta<span class=\"_ _5\"/>t dans</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">leq<span class=\"_ _5\"/>uel il se t<span class=\"_ _5\"/>rouve<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>\u2019alloca<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is fi<span class=\"_ _5\"/>xes de pr<span class=\"_ _5\"/>oduc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n sur le pr<span class=\"_ _5\"/>ix de re<span class=\"_ _5\"/>vient s<span class=\"_ _5\"/>e base s<span class=\"_ _5\"/>ur la cap<span class=\"_ _5\"/>acit\u00e9 no<span class=\"_ _5\"/>rmale d<span class=\"_ _5\"/>e prod<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion.</div>\n\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r est n<span class=\"_ _5\"/>\u00e9ces<span class=\"_ _5\"/>sair<span class=\"_ _5\"/>e si la vale<span class=\"_ _5\"/>ur de r\u00e9al<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ion net<span class=\"_ _5\"/>te d\u2019un \u00e9l<span class=\"_ _5\"/>\u00e9ment d<span class=\"_ _5\"/>e sto<span class=\"_ _5\"/>ck \u00e0 la date de cl<span class=\"_ _5\"/>\u00f4ture es<span class=\"_ _5\"/>t inf\u00e9<span class=\"_ _5\"/>rieur<span class=\"_ _5\"/>e au co\u00fbt<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 387px; height: 20px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 387px; height: 200px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag411": {
   "value": "\n<div class=\"t m0 x5 hb y5a ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Provis<span class=\"_ _5\"/>ions li<span class=\"_ _5\"/>\u00e9es aux reven<span class=\"_ _5\"/>us et act<span class=\"_ _5\"/>ifs et pas<span class=\"_ _5\"/>sifs cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s diff\u00e9r<span class=\"_ _5\"/>\u00e9s cons<span class=\"_ _5\"/>titu<span class=\"_ _5\"/>ent la par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie des r<span class=\"_ _5\"/>evenus r<span class=\"_ _5\"/>e\u00e7us p<span class=\"_ _5\"/>endan<span class=\"_ _5\"/>t les p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>des f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>i\u00e8res a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>uelles o<span class=\"_ _5\"/>u pas<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s mais qui o<span class=\"_ _5\"/>nt tra<span class=\"_ _5\"/>it \u00e0 une</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">p\u00e9r<span class=\"_ _5\"/>iode f<span class=\"_ _5\"/>inanci\u00e8re ult\u00e9r<span class=\"_ _5\"/>ieure.</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>s sont la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie de<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us \u00e0 rece<span class=\"_ _5\"/>voir au cour<span class=\"_ _5\"/>s des e<span class=\"_ _5\"/>xerci<span class=\"_ _5\"/>ces f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers ult\u00e9<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>urs qui s<span class=\"_ _5\"/>e rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tent \u00e0 l'exe<span class=\"_ _5\"/>rcice en co<span class=\"_ _5\"/>urs</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ou au<span class=\"_ _5\"/>x exerc<span class=\"_ _5\"/>ices ant<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise le<span class=\"_ _5\"/>s avance<span class=\"_ _5\"/>s des cli<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s dans so<span class=\"_ _5\"/>n bilan e<span class=\"_ _5\"/>n tant qu<span class=\"_ _5\"/>e reven<span class=\"_ _5\"/>us diff\u00e9r<span class=\"_ _5\"/>\u00e9s et le<span class=\"_ _5\"/>s pr\u00e9<span class=\"_ _5\"/>sente e<span class=\"_ _5\"/>n tant qu<span class=\"_ _5\"/>e pass<span class=\"_ _5\"/>if contr<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tuel si</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'obliga<span class=\"_ _5\"/>tion de p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>for<span class=\"_ _5\"/>mance n'a pas en<span class=\"_ _5\"/>core \u00e9t\u00e9 s<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>faite<span class=\"_ _5\"/>. Les pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>act<span class=\"_ _5\"/>uel<span class=\"_ _5\"/>s sont pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt li\u00e9s a<span class=\"_ _5\"/>ux timb<span class=\"_ _5\"/>res<span class=\"_ _5\"/>, aux cr\u00e9<span class=\"_ _5\"/>dit<span class=\"_ _5\"/>s sur les</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mach<span class=\"_ _5\"/>ines \u00e0 a<span class=\"_ _5\"/>ffran<span class=\"_ _5\"/>chir<span class=\"_ _d\"/>, ve<span class=\"_ _5\"/>ndus mai<span class=\"_ _5\"/>s non en<span class=\"_ _5\"/>core util<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>ar les cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s \u00e0 la date du bi<span class=\"_ _5\"/>lan et \u00e0 la con<span class=\"_ _5\"/>trepa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie de SI<span class=\"_ _5\"/>EG pour laq<span class=\"_ _5\"/>uelle l'obli<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>forma<span class=\"_ _5\"/>nce n'<span class=\"_ _d\"/>a pa<span class=\"_ _5\"/>s \u00e9t\u00e9 rem<span class=\"_ _5\"/>plie.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise un ac<span class=\"_ _5\"/>tif co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>el apr<span class=\"_ _5\"/>\u00e8s avoir t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>f\u00e9r\u00e9 un b<span class=\"_ _5\"/>ien ou un s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice \u00e0 u<span class=\"_ _5\"/>n client av<span class=\"_ _5\"/>ant que ce<span class=\"_ _5\"/>lui \u2013 ci ne pa<span class=\"_ _5\"/>ie la contr<span class=\"_ _5\"/>epar<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e ou</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">avan<span class=\"_ _5\"/>t que le paie<span class=\"_ _5\"/>ment n<span class=\"_ _5\"/>e soit d\u00fb<span class=\"_ _5\"/>. Un droit in<span class=\"_ _5\"/>condit<span class=\"_ _5\"/>ionn<span class=\"_ _5\"/>el \u00e0 la cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e est p<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>ent\u00e9 comm<span class=\"_ _5\"/>e une cr\u00e9a<span class=\"_ _5\"/>nce comm<span class=\"_ _5\"/>erciale e<span class=\"_ _5\"/>t un droi<span class=\"_ _5\"/>t condi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>nnel e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>\u00e9sen<span class=\"_ _5\"/>t\u00e9 comme un r<span class=\"_ _5\"/>evenu cu<span class=\"_ _5\"/>mul\u00e9.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 132px; height: 245px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 hb y10 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Reconnaissanc<span class=\"_ _d\"/>e de re<span class=\"_ _d\"/>venus</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ti<span class=\"_ _5\"/>re ses r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s d\u2019une gamm<span class=\"_ _5\"/>e de se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices in<span class=\"_ _5\"/>cluant d<span class=\"_ _5\"/>es ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices nat<span class=\"_ _5\"/>ionau<span class=\"_ _5\"/>x et inte<span class=\"_ _5\"/>rnati<span class=\"_ _5\"/>onaux d<span class=\"_ _5\"/>e trai<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t du courr<span class=\"_ _5\"/>ier et d<span class=\"_ _5\"/>es paq<span class=\"_ _5\"/>uet<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la log<span class=\"_ _5\"/>isti<span class=\"_ _5\"/>que du e \u2013 com<span class=\"_ _5\"/>merce, l<span class=\"_ _5\"/>e back \u2013 off<span class=\"_ _5\"/>ice, le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de p<span class=\"_ _5\"/>roximi<span class=\"_ _5\"/>t\u00e9 et comm<span class=\"_ _5\"/>odit\u00e9. Ell<span class=\"_ _5\"/>e vend en o<span class=\"_ _5\"/>utre to<span class=\"_ _5\"/>ute une ga<span class=\"_ _5\"/>mme de pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ban<span class=\"_ _5\"/>caire<span class=\"_ _5\"/>s et f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>, pos<span class=\"_ _5\"/>taux e<span class=\"_ _5\"/>t de d\u00e9t<span class=\"_ _5\"/>ail. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t ass<span class=\"_ _5\"/>ume \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t des Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s d\u2019Int\u00e9<span class=\"_ _5\"/>r\u00eat Econ<span class=\"_ _5\"/>omique G<span class=\"_ _5\"/>\u00e9n\u00e9<span class=\"_ _5\"/>ral (SIEG) en ver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>u d'un contr<span class=\"_ _5\"/>at</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">conc<span class=\"_ _5\"/>lu avec l\u2019<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge. T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ut reve<span class=\"_ _5\"/>nu relat<span class=\"_ _5\"/>if aux ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>vit\u00e9s n<span class=\"_ _5\"/>orma<span class=\"_ _5\"/>les de bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>st co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9 co<span class=\"_ _5\"/>mme reve<span class=\"_ _5\"/>nu dans le<span class=\"_ _5\"/>s compte<span class=\"_ _5\"/>s de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ut autr<span class=\"_ _5\"/>e reven<span class=\"_ _5\"/>u est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9 co<span class=\"_ _5\"/>mme aut<span class=\"_ _5\"/>re reve<span class=\"_ _5\"/>nu d\u2019explo<span class=\"_ _5\"/>itati<span class=\"_ _5\"/>on (voir plu<span class=\"_ _5\"/>s loin dans u<span class=\"_ _5\"/>ne se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on dis<span class=\"_ _5\"/>tinc<span class=\"_ _5\"/>te).</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise le<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us g\u00e9n\u00e9<span class=\"_ _5\"/>r\u00e9s par l<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s avec le<span class=\"_ _5\"/>s client<span class=\"_ _5\"/>s lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>e contr\u00f4<span class=\"_ _5\"/>le des bi<span class=\"_ _5\"/>ens et s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>t tran<span class=\"_ _5\"/>sf\u00e9<span class=\"_ _5\"/>r\u00e9 au clie<span class=\"_ _5\"/>nt pour</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un mo<span class=\"_ _5\"/>ntant qu<span class=\"_ _5\"/>i ref<span class=\"_ _5\"/>l\u00e8te la cont<span class=\"_ _5\"/>repa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie \u00e0 laqu<span class=\"_ _5\"/>elle bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>e avoir dro<span class=\"_ _5\"/>it en \u00e9c<span class=\"_ _5\"/>hange de ce<span class=\"_ _5\"/>s bien<span class=\"_ _5\"/>s et ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices<span class=\"_ _5\"/>. La nat<span class=\"_ _5\"/>ure, le mo<span class=\"_ _5\"/>ntant<span class=\"_ _5\"/>, le</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cal<span class=\"_ _5\"/>endr<span class=\"_ _5\"/>ier<span class=\"_ _d\"/>, l'ince<span class=\"_ _5\"/>r<span class=\"_ _5\"/>titud<span class=\"_ _5\"/>e de la re<span class=\"_ _5\"/>connais<span class=\"_ _5\"/>san<span class=\"_ _5\"/>ce des re<span class=\"_ _5\"/>venus p<span class=\"_ _5\"/>rovenan<span class=\"_ _5\"/>t des cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s avec le<span class=\"_ _5\"/>s clien<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ont d\u00e9t<span class=\"_ _5\"/>aill\u00e9<span class=\"_ _5\"/>s ci \u2013 des<span class=\"_ _5\"/>sou<span class=\"_ _5\"/>s par cat\u00e9<span class=\"_ _5\"/>gorie d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">services.</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s revenu<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s notes pa<span class=\"_ _5\"/>r \u00e9l\u00e9m<span class=\"_ _5\"/>ent de la lig<span class=\"_ _5\"/>ne de pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s se co<span class=\"_ _5\"/>mpose d<span class=\"_ _5\"/>'une combin<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>u ty<span class=\"_ _5\"/>pe de se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice (comm<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>crit ci \u2013 d<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>ous), du ty<span class=\"_ _5\"/>pe de p<span class=\"_ _5\"/>roduit<span class=\"_ _5\"/>, des c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>s et de l<span class=\"_ _5\"/>a r\u00e9gio<span class=\"_ _5\"/>n g\u00e9ogr<span class=\"_ _5\"/>aphi<span class=\"_ _5\"/>que et ce<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us sont d<span class=\"_ _5\"/>\u00e9sag<span class=\"_ _5\"/>r\u00e9g\u00e9<span class=\"_ _5\"/>s confor<span class=\"_ _5\"/>m\u00e9me<span class=\"_ _5\"/>nt aux inf<span class=\"_ _5\"/>orma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns r\u00e9gu<span class=\"_ _5\"/>li\u00e8re<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>xamin\u00e9<span class=\"_ _5\"/>es par l<span class=\"_ _5\"/>e CODM.</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s de bpo<span class=\"_ _5\"/>st pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre div<span class=\"_ _5\"/>is\u00e9<span class=\"_ _5\"/>es en t<span class=\"_ _5\"/>rois f<span class=\"_ _5\"/>lux de re<span class=\"_ _5\"/>connai<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce de re<span class=\"_ _5\"/>venus di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>ts : (i) le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>i-</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">but<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>spor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>, (ii) les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ue et de t<span class=\"_ _5\"/>raite<span class=\"_ _5\"/>ment de<span class=\"_ _5\"/>s comma<span class=\"_ _5\"/>ndes e<span class=\"_ _5\"/>t (iii) les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de bac<span class=\"_ _5\"/>k \u2013 offi<span class=\"_ _5\"/>ce, de prox<span class=\"_ _5\"/>imit\u00e9 et d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">commodit\u00e9.</div>\n<div class=\"t m0 x6 h7 y61 ff7 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(i) <span class=\"_ _75\"> </span>Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>buti<span class=\"_ _5\"/>on et d<span class=\"_ _5\"/>e tra<span class=\"_ _5\"/>nspo<span class=\"_ _5\"/>rt</div>\n<div class=\"t m0 x5 h10 y63 ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -8px; z-index: 15;\">Ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces inclus da<span class=\"_ _5\"/>ns les \u00e9l\u00e9<span class=\"_ _5\"/>ments d<span class=\"_ _5\"/>es ligne<span class=\"_ _5\"/>s de produ<span class=\"_ _5\"/>its : T<span class=\"_ _d\"/>rans<span class=\"_ _5\"/>act<span class=\"_ _5\"/>ional ma<span class=\"_ _5\"/>il, Ad<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>tising m<span class=\"_ _5\"/>ail, Pre<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>, Parcels Bel<span class=\"_ _5\"/>gium, Cros<span class=\"_ _5\"/>s \u2013 Bord<span class=\"_ _5\"/>er (inbou<span class=\"_ _5\"/>nd et</div>\n<div class=\"t m0 x5 h10 y64 ff8 fs3 fc2 sc0 ls0 ws67\" style=\"word-spacing: -7px; z-index: 15;\">outb<span class=\"_ _5\"/>ound) et I<span class=\"_ _5\"/>nternat<span class=\"_ _5\"/>ional m<span class=\"_ _5\"/>ail.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te ca<span class=\"_ _5\"/>t\u00e9gor<span class=\"_ _5\"/>ie de se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices co<span class=\"_ _5\"/>nsis<span class=\"_ _5\"/>te en la fou<span class=\"_ _5\"/>rnitur<span class=\"_ _5\"/>e de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices na<span class=\"_ _5\"/>tionau<span class=\"_ _5\"/>x et inte<span class=\"_ _5\"/>rnati<span class=\"_ _5\"/>onaux da<span class=\"_ _5\"/>ns le dom<span class=\"_ _5\"/>aine du cour<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>r et de<span class=\"_ _5\"/>s paque<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>, en ce</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>ris l'enl\u00e8v<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>, le tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t, le tr<span class=\"_ _5\"/>i et la di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on de cour<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>r adre<span class=\"_ _5\"/>ss\u00e9 o<span class=\"_ _5\"/>u non adr<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>\u00e9, d'impr<span class=\"_ _5\"/>im\u00e9<span class=\"_ _5\"/>s, de jo<span class=\"_ _5\"/>urnau<span class=\"_ _5\"/>x ainsi qu<span class=\"_ _5\"/>e de paqu<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s sont com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s lors<span class=\"_ _5\"/>que l'oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion, la p<span class=\"_ _5\"/>rome<span class=\"_ _5\"/>sse d<span class=\"_ _5\"/>e livre<span class=\"_ _5\"/>r un bien (<span class=\"_ _5\"/>par exe<span class=\"_ _5\"/>mple let<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>, paque<span class=\"_ _5\"/>t\u2026) \u00e0 un des<span class=\"_ _5\"/>tina<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tai<span class=\"_ _5\"/>re ou \u00e0 un en<span class=\"_ _5\"/>droit e<span class=\"_ _5\"/>st sa<span class=\"_ _5\"/>tisf<span class=\"_ _5\"/>aite \u00e0 un mo<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>onn\u00e9. Il s'agi<span class=\"_ _5\"/>t en g\u00e9n\u00e9<span class=\"_ _5\"/>ral de l<span class=\"_ _5\"/>a livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n des mar<span class=\"_ _5\"/>chandi<span class=\"_ _5\"/>ses<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>id\u00e8re g\u00e9<span class=\"_ _5\"/>n\u00e9r<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qu'elle es<span class=\"_ _5\"/>t le pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>l pour le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on et de t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t, e<span class=\"_ _5\"/>xcept<span class=\"_ _5\"/>ion fa<span class=\"_ _5\"/>ite de la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on de jo<span class=\"_ _5\"/>urnau<span class=\"_ _5\"/>x et p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>iques p<span class=\"_ _5\"/>ar AMP a<span class=\"_ _5\"/>ux</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">marc<span class=\"_ _5\"/>hands d<span class=\"_ _5\"/>e journ<span class=\"_ _5\"/>aux, o<span class=\"_ _5\"/>\u00f9 elle inte<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vient co<span class=\"_ _5\"/>mme age<span class=\"_ _5\"/>nt.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 72px; height: 500px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La li<span class=\"_ _5\"/>vra<span class=\"_ _5\"/>ison d<span class=\"_ _5\"/>es jour<span class=\"_ _5\"/>naux e<span class=\"_ _5\"/>t p\u00e9r<span class=\"_ _5\"/>iodiqu<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>ut se f<span class=\"_ _5\"/>aire de de<span class=\"_ _5\"/>ux mani<span class=\"_ _5\"/>\u00e8res di<span class=\"_ _5\"/>ff\u00e9re<span class=\"_ _5\"/>ntes :</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prem<span class=\"_ _5\"/>i\u00e8rem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t livr<span class=\"_ _5\"/>e direc<span class=\"_ _5\"/>teme<span class=\"_ _5\"/>nt aux m<span class=\"_ _5\"/>\u00e9nage<span class=\"_ _5\"/>s et aux e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es (\"util<span class=\"_ _5\"/>isate<span class=\"_ _5\"/>urs\") les j<span class=\"_ _5\"/>ourna<span class=\"_ _5\"/>ux et le<span class=\"_ _5\"/>s p\u00e9r<span class=\"_ _5\"/>iodiq<span class=\"_ _5\"/>ues au<span class=\"_ _5\"/>xquel<span class=\"_ _5\"/>s ils s<span class=\"_ _5\"/>ont</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">abo<span class=\"_ _5\"/>nn\u00e9s (p<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>ent\u00e9s da<span class=\"_ _5\"/>ns la lign<span class=\"_ _5\"/>e de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s \"Pres<span class=\"_ _5\"/>s\"). Dans ce c<span class=\"_ _5\"/>as, b<span class=\"_ _5\"/>post e<span class=\"_ _5\"/>st un p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipal car e<span class=\"_ _5\"/>lle es<span class=\"_ _5\"/>t le pre<span class=\"_ _5\"/>mier ob<span class=\"_ _5\"/>lig\u00e9 de liv<span class=\"_ _5\"/>rer le<span class=\"_ _5\"/>s journ<span class=\"_ _5\"/>aux</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>dique<span class=\"_ _5\"/>s direc<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent aux u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ateur<span class=\"_ _5\"/>s et es<span class=\"_ _5\"/>t r\u00e9mun<span class=\"_ _5\"/>\u00e9r\u00e9<span class=\"_ _5\"/>e par les s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9s d'\u00e9dit<span class=\"_ _5\"/>ion et l'\u00c9t<span class=\"_ _5\"/>at belge (<span class=\"_ _5\"/>\"<span class=\"_ _d\"/>clie<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s\"). Les r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s re\u00e7ue<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9s d'\u00e9dit<span class=\"_ _5\"/>ion po<span class=\"_ _5\"/>ur la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on son<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>es sur le vo<span class=\"_ _5\"/>lume tr<span class=\"_ _5\"/>ait\u00e9. L<span class=\"_ _5\"/>a r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion re<span class=\"_ _5\"/>\u00e7ue du con<span class=\"_ _5\"/>trat ave<span class=\"_ _5\"/>c l'\u00c9tat b<span class=\"_ _5\"/>elge (clas<span class=\"_ _5\"/>s\u00e9 SIEG) es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie ent<span class=\"_ _5\"/>re un mon<span class=\"_ _5\"/>tant fo<span class=\"_ _5\"/>rf<span class=\"_ _5\"/>aita<span class=\"_ _5\"/>ire reco<span class=\"_ _5\"/>nnu dans l<span class=\"_ _5\"/>e temps (r\u00e9p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ti de man<span class=\"_ _5\"/>i\u00e8re \u00e9g<span class=\"_ _5\"/>ale sur le<span class=\"_ _5\"/>s quatre t<span class=\"_ _5\"/>rime<span class=\"_ _5\"/>st<span class=\"_ _5\"/>res) et une r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on var<span class=\"_ _5\"/>iable</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bas<span class=\"_ _5\"/>\u00e9e sur le<span class=\"_ _5\"/>s volum<span class=\"_ _5\"/>es dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>u\u00e9s<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te r\u00e9mu<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>tion de l'<span class=\"_ _5\"/>\u00c9<span class=\"_ _d\"/>t<span class=\"_ _5\"/>at belge f<span class=\"_ _5\"/>ait l'obje<span class=\"_ _5\"/>t d'un calcul e<span class=\"_ _5\"/>x \u2013 pos<span class=\"_ _5\"/>t bas<span class=\"_ _5\"/>\u00e9 sur l'\u00e9volut<span class=\"_ _5\"/>ion de la ba<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>uxi\u00e8m<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt, bp<span class=\"_ _5\"/>ost (p<span class=\"_ _5\"/>ar l'inter<span class=\"_ _5\"/>m\u00e9diai<span class=\"_ _5\"/>re de sa f<span class=\"_ _5\"/>iliale p<span class=\"_ _5\"/>oss<span class=\"_ _5\"/>\u00e9d\u00e9<span class=\"_ _5\"/>e \u00e0 100 % A<span class=\"_ _5\"/>MP et Ald<span class=\"_ _5\"/>ipres<span class=\"_ _5\"/>s) livre ce<span class=\"_ _5\"/>s jour<span class=\"_ _5\"/>naux e<span class=\"_ _5\"/>t p\u00e9r<span class=\"_ _5\"/>iodiqu<span class=\"_ _5\"/>es en k<span class=\"_ _5\"/>iosqu<span class=\"_ _5\"/>e (sous</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la d\u00e9<span class=\"_ _5\"/>nominat<span class=\"_ _5\"/>ion de la l<span class=\"_ _5\"/>igne de p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts \"Pr<span class=\"_ _5\"/>ess\"). Da<span class=\"_ _5\"/>ns cet<span class=\"_ _5\"/>te situat<span class=\"_ _5\"/>ion, A<span class=\"_ _5\"/>MP et A<span class=\"_ _5\"/>ldipre<span class=\"_ _5\"/>ss agi<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>nt en ta<span class=\"_ _5\"/>nt qu'agent<span class=\"_ _5\"/>s pour le co<span class=\"_ _5\"/>mpte de la s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yb0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">t\u00e9 d'\u00e9dit<span class=\"_ _5\"/>ion (\"clien<span class=\"_ _5\"/>t\") et s<span class=\"_ _5\"/>ont r\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>\u00e9s sur la ba<span class=\"_ _5\"/>se du no<span class=\"_ _5\"/>mbre de v<span class=\"_ _5\"/>olume<span class=\"_ _5\"/>s livr\u00e9<span class=\"_ _5\"/>s et d'une co<span class=\"_ _5\"/>mmiss<span class=\"_ _5\"/>ion sur le p<span class=\"_ _5\"/>rix de d<span class=\"_ _5\"/>\u00e9ta<span class=\"_ _5\"/>il.</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>aines a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s du fl<span class=\"_ _5\"/>ux de rev<span class=\"_ _5\"/>enus is<span class=\"_ _5\"/>sus de la d<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>u tran<span class=\"_ _5\"/>spor<span class=\"_ _5\"/>t (pa<span class=\"_ _5\"/>r exem<span class=\"_ _5\"/>ple T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ional mai<span class=\"_ _5\"/>l, Cros<span class=\"_ _5\"/>s \u2013 Bor<span class=\"_ _5\"/>der,\u2026) sont con<span class=\"_ _5\"/>si-</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9r<span class=\"_ _5\"/>\u00e9es co<span class=\"_ _5\"/>mme se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>l univer<span class=\"_ _5\"/>sel te<span class=\"_ _5\"/>l que d\u00e9f<span class=\"_ _5\"/>ini da<span class=\"_ _5\"/>ns la loi p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>ale belg<span class=\"_ _5\"/>e. bpos<span class=\"_ _5\"/>t as<span class=\"_ _5\"/>sure le s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>al unive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>l en Be<span class=\"_ _5\"/>lgique s<span class=\"_ _5\"/>ur la bas<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 yb4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'un Cont<span class=\"_ _5\"/>rat de G<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tion con<span class=\"_ _5\"/>clu avec l'<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge. Cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ains se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux f<span class=\"_ _5\"/>aisant p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie du s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>al unive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>l et \u00e9t<span class=\"_ _5\"/>ant g\u00e9n<span class=\"_ _5\"/>\u00e9rale<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>ar des pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ticuli<span class=\"_ _5\"/>ers et d<span class=\"_ _5\"/>es PME (r\u00e9p<span class=\"_ _5\"/>ut\u00e9s fo<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>r conjoint<span class=\"_ _5\"/>ement l<span class=\"_ _5\"/>e \u201cpanier d<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>s utilis<span class=\"_ _5\"/>ateur<span class=\"_ _5\"/>s\u201d<span class=\"_ _1\"/>, c<span class=\"_ _5\"/>i \u2013 apr\u00e8<span class=\"_ _5\"/>s \u201cPPU\u201d) so<span class=\"_ _5\"/>nt soum<span class=\"_ _5\"/>is \u00e0 un</div>\n<div class=\"t m0 x5 h8 y203 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">plaf<span class=\"_ _5\"/>onnem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x, comm<span class=\"_ _5\"/>e le pr\u00e9vo<span class=\"_ _5\"/>it la loi po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>le. Chaq<span class=\"_ _5\"/>ue ann\u00e9<span class=\"_ _5\"/>e, bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>oumet s<span class=\"_ _5\"/>a prop<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on d'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on de pr<span class=\"_ _5\"/>ix po<span class=\"_ _5\"/>ur les se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices</div>\n<div class=\"t m0 x5 h8 y204 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fai<span class=\"_ _5\"/>sant pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie du PPU \u00e0 l'autor<span class=\"_ _5\"/>it\u00e9 de r\u00e9<span class=\"_ _5\"/>gulat<span class=\"_ _5\"/>ion pos<span class=\"_ _5\"/>tal<span class=\"_ _5\"/>e belge (IB<span class=\"_ _5\"/>PT) p<span class=\"_ _5\"/>our ap<span class=\"_ _5\"/>probat<span class=\"_ _5\"/>ion pr\u00e9<span class=\"_ _5\"/>alable<span class=\"_ _5\"/>, l'IBPT d<span class=\"_ _5\"/>evant a<span class=\"_ _5\"/>ccepte<span class=\"_ _5\"/>r l'<span class=\"_ _d\"/>aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y205 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr<span class=\"_ _5\"/>ix si le pla<span class=\"_ _5\"/>fond t<span class=\"_ _5\"/>arif<span class=\"_ _5\"/>aire es<span class=\"_ _5\"/>t res<span class=\"_ _5\"/>pec<span class=\"_ _5\"/>t\u00e9. De m<span class=\"_ _5\"/>ani\u00e8re p<span class=\"_ _5\"/>lus g\u00e9n<span class=\"_ _5\"/>\u00e9rale<span class=\"_ _5\"/>, tous le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces pos<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x relev<span class=\"_ _5\"/>ant du s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>al unive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>l sont s<span class=\"_ _5\"/>oumis</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 une s<span class=\"_ _5\"/>\u00e9rie d'ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons en te<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s de qualit<span class=\"_ _5\"/>\u00e9 (<span class=\"_ _d\"/>comm<span class=\"_ _5\"/>e la fr\u00e9<span class=\"_ _5\"/>quen<span class=\"_ _5\"/>ce, la couve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ture g\u00e9<span class=\"_ _5\"/>ograp<span class=\"_ _5\"/>hique e<span class=\"_ _5\"/>t la conti<span class=\"_ _5\"/>nuit\u00e9) et d<span class=\"_ _5\"/>e prix (tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>aren<span class=\"_ _5\"/>ce,</div>\n<div class=\"t m0 x5 h8 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">unifo<span class=\"_ _5\"/>rmit\u00e9<span class=\"_ _5\"/>, cara<span class=\"_ _5\"/>ct\u00e8<span class=\"_ _5\"/>re abo<span class=\"_ _5\"/>rdable, n<span class=\"_ _5\"/>on \u2013 dis<span class=\"_ _5\"/>crimin<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t orie<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion des co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s<span class=\"_ _d\"/>). Pour le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux non u<span class=\"_ _5\"/>niver<span class=\"_ _5\"/>sel<span class=\"_ _5\"/>s et les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces non</div>\n<div class=\"t m0 x5 h8 y208 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9f<span class=\"_ _5\"/>inis co<span class=\"_ _5\"/>mme de<span class=\"_ _5\"/>s envois p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t prop<span class=\"_ _5\"/>ose de<span class=\"_ _5\"/>s condi<span class=\"_ _5\"/>tions g\u00e9<span class=\"_ _5\"/>n\u00e9r<span class=\"_ _5\"/>ales de v<span class=\"_ _5\"/>ente po<span class=\"_ _5\"/>ur les pe<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>s clien<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t des cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>es plus g<span class=\"_ _5\"/>ros</div>\n<div class=\"t m0 x5 h8 y209 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clie<span class=\"_ _5\"/>nts av<span class=\"_ _5\"/>ec des t<span class=\"_ _5\"/>arif<span class=\"_ _5\"/>s et re<span class=\"_ _5\"/>mise<span class=\"_ _5\"/>s bas\u00e9<span class=\"_ _5\"/>s sur le vol<span class=\"_ _5\"/>ume. Le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats ave<span class=\"_ _5\"/>c les cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s, qui p<span class=\"_ _5\"/>r\u00e9voi<span class=\"_ _5\"/>ent des r<span class=\"_ _5\"/>emis<span class=\"_ _5\"/>es, s<span class=\"_ _5\"/>urchar<span class=\"_ _5\"/>ges et p<span class=\"_ _5\"/>\u00e9nalit\u00e9<span class=\"_ _5\"/>s (volume</div>\n<div class=\"t m0 x5 h8 y20a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ou qua<span class=\"_ _5\"/>lit\u00e9) donn<span class=\"_ _5\"/>ant lieu \u00e0 u<span class=\"_ _5\"/>ne contr<span class=\"_ _5\"/>epar<span class=\"_ _5\"/>tie v<span class=\"_ _5\"/>aria<span class=\"_ _5\"/>ble, so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s me<span class=\"_ _5\"/>nsuel<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t et la mei<span class=\"_ _5\"/>lleure e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>enco<span class=\"_ _5\"/>urs e<span class=\"_ _5\"/>st ref<span class=\"_ _5\"/>l\u00e9t<span class=\"_ _5\"/>\u00e9e</div>\n<div class=\"t m0 x5 h8 y20b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le b<span class=\"_ _5\"/>ilan con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9, sur bas<span class=\"_ _5\"/>e du pr<span class=\"_ _5\"/>incipe d<span class=\"_ _5\"/>e la vale<span class=\"_ _5\"/>ur atte<span class=\"_ _5\"/>ndue<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y3cf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st re<span class=\"_ _5\"/>\u00e7oit une co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie po<span class=\"_ _5\"/>ur les ti<span class=\"_ _5\"/>mbre<span class=\"_ _5\"/>s et les ma<span class=\"_ _5\"/>chine<span class=\"_ _5\"/>s \u00e0 affr<span class=\"_ _5\"/>anchir, pour le<span class=\"_ _5\"/>sque<span class=\"_ _5\"/>ls l'oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion n'a pas enco<span class=\"_ _5\"/>re \u00e9t\u00e9 sa<span class=\"_ _5\"/>tis-</div>\n<div class=\"t m0 x5 h8 y3d0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fai<span class=\"_ _5\"/>te. Elle es<span class=\"_ _5\"/>t enre<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tr\u00e9e e<span class=\"_ _5\"/>n tant qu<span class=\"_ _5\"/>e prod<span class=\"_ _5\"/>uit<span class=\"_ _5\"/>s diff\u00e9r\u00e9<span class=\"_ _5\"/>s et pr<span class=\"_ _5\"/>\u00e9sen<span class=\"_ _5\"/>t\u00e9e comm<span class=\"_ _5\"/>e un pas<span class=\"_ _5\"/>sif de cont<span class=\"_ _5\"/>rat ju<span class=\"_ _5\"/>squ'\u00e0 la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ive de la le<span class=\"_ _5\"/>tt<span class=\"_ _5\"/>re ou</div>\n<div class=\"t m0 x5 h8 y784 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du pa<span class=\"_ _5\"/>quet (natio<span class=\"_ _5\"/>nal(e) ou inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>nal(e)<span class=\"_ _d\"/>). Les re<span class=\"_ _5\"/>venus r<span class=\"_ _5\"/>elati<span class=\"_ _5\"/>fs \u00e0 l\u2019act<span class=\"_ _5\"/>ivit\u00e9 t<span class=\"_ _5\"/>imbre<span class=\"_ _5\"/>s et mac<span class=\"_ _5\"/>hines \u00e0 a<span class=\"_ _5\"/>ffran<span class=\"_ _5\"/>chir so<span class=\"_ _5\"/>nt uniqu<span class=\"_ _5\"/>ement co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y785 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>e reven<span class=\"_ _5\"/>us es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>s au mome<span class=\"_ _5\"/>nt o\u00f9 le bi<span class=\"_ _5\"/>en es<span class=\"_ _5\"/>t livr\u00e9<span class=\"_ _5\"/>. Par cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nt, b<span class=\"_ _5\"/>post a m<span class=\"_ _5\"/>is en pla<span class=\"_ _5\"/>ce un mod<span class=\"_ _5\"/>\u00e8le de re<span class=\"_ _5\"/>connai<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce des r<span class=\"_ _5\"/>evenus p<span class=\"_ _5\"/>our</div>\n<div class=\"t m0 x5 h8 y8e5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>ser le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t pr\u00e9v<span class=\"_ _5\"/>u en reve<span class=\"_ _5\"/>nus, s<span class=\"_ _5\"/>ur la bas<span class=\"_ _5\"/>e de l\u2019his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ue. Les t<span class=\"_ _5\"/>imbre<span class=\"_ _5\"/>s qui ne s<span class=\"_ _5\"/>ont pas u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s apr\u00e8<span class=\"_ _5\"/>s une p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>de donn<span class=\"_ _5\"/>\u00e9e so<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y8e6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>ait\u00e9s e<span class=\"_ _5\"/>n tant qu<span class=\"_ _5\"/>e vente d'un bie<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y8e7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pr<span class=\"_ _5\"/>oduit de l'i<span class=\"_ _5\"/>nboun<span class=\"_ _5\"/>d (Cross \u2013 B<span class=\"_ _5\"/>orde<span class=\"_ _5\"/>r), un ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce prop<span class=\"_ _5\"/>os\u00e9 \u00e0 un au<span class=\"_ _5\"/>tre op<span class=\"_ _5\"/>\u00e9rate<span class=\"_ _5\"/>ur pos<span class=\"_ _5\"/>tal p<span class=\"_ _5\"/>our dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uer du cou<span class=\"_ _5\"/>rri<span class=\"_ _5\"/>er et de<span class=\"_ _5\"/>s paque<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y8e8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Be<span class=\"_ _5\"/>lgique<span class=\"_ _5\"/>, est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9 co<span class=\"_ _5\"/>mme un re<span class=\"_ _5\"/>venu e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>\u00e9 au mom<span class=\"_ _5\"/>ent o\u00f9 le s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice e<span class=\"_ _5\"/>st e<span class=\"_ _5\"/>x\u00e9cut\u00e9<span class=\"_ _5\"/>. La cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie \u00e0 laque<span class=\"_ _5\"/>lle bpo<span class=\"_ _5\"/>st a dro<span class=\"_ _5\"/>it es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y8e9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u00e9g<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e ult\u00e9ri<span class=\"_ _5\"/>eurem<span class=\"_ _5\"/>ent et co<span class=\"_ _5\"/>nvenue \u00e0 t<span class=\"_ _5\"/>itre d\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>itif ave<span class=\"_ _5\"/>c le client (aut<span class=\"_ _5\"/>re op\u00e9<span class=\"_ _5\"/>rate<span class=\"_ _5\"/>ur pos<span class=\"_ _5\"/>tal). En ra<span class=\"_ _5\"/>ison d<span class=\"_ _5\"/>e ce proce<span class=\"_ _5\"/>ssu<span class=\"_ _5\"/>s, le mon<span class=\"_ _5\"/>tant du p<span class=\"_ _5\"/>rix de</div>\n<div class=\"t m0 x5 h8 y8ea ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on var<span class=\"_ _5\"/>ie et bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>stim<span class=\"_ _5\"/>e le mont<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>us en re<span class=\"_ _5\"/>couran<span class=\"_ _5\"/>t \u00e0 la m\u00e9t<span class=\"_ _5\"/>hode d<span class=\"_ _5\"/>e la vale<span class=\"_ _5\"/>ur atte<span class=\"_ _5\"/>ndue, s<span class=\"_ _5\"/>ur la bas<span class=\"_ _5\"/>e de l\u2019his<span class=\"_ _5\"/>tori<span class=\"_ _5\"/>que. \u00c0 la</div>\n<div class=\"t m0 x5 h8 y8eb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">date de c<span class=\"_ _5\"/>l\u00f4ture du b<span class=\"_ _5\"/>ilan, la m<span class=\"_ _5\"/>eilleur<span class=\"_ _5\"/>e est<span class=\"_ _5\"/>imati<span class=\"_ _5\"/>on de l'encour<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>t ref<span class=\"_ _5\"/>l\u00e9t\u00e9<span class=\"_ _5\"/>e dans le bil<span class=\"_ _5\"/>an conso<span class=\"_ _5\"/>lid\u00e9. T<span class=\"_ _d\"/>ou<span class=\"_ _5\"/>tefois<span class=\"_ _5\"/>, les r\u00e8<span class=\"_ _5\"/>glem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>initif<span class=\"_ _5\"/>s rep<span class=\"_ _5\"/>osant</div>\n<div class=\"t m0 x5 h8 y8ec ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>tes hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses (p<span class=\"_ _5\"/>armi le<span class=\"_ _5\"/>sque<span class=\"_ _5\"/>lles le<span class=\"_ _5\"/>s \u201cart<span class=\"_ _5\"/>icle<span class=\"_ _5\"/>s par kilo\u201d e<span class=\"_ _5\"/>t le pri<span class=\"_ _5\"/>x de tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n<span class=\"_ _d\"/>), les r\u00e8<span class=\"_ _5\"/>glem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>initif<span class=\"_ _5\"/>s peu<span class=\"_ _5\"/>vent s'\u00e9ca<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ter de</div>\n<div class=\"t m0 x5 h8 y8ed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'\u00e9valuat<span class=\"_ _5\"/>ion init<span class=\"_ _5\"/>iale. L<span class=\"_ _1\"/>'encou<span class=\"_ _5\"/>rs ne<span class=\"_ _5\"/>t des f<span class=\"_ _5\"/>lux so<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s et ent<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>s par o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ateur po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>l est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9 co<span class=\"_ _5\"/>mme cr\u00e9<span class=\"_ _5\"/>ance ou de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>. Le pro<span class=\"_ _5\"/>cess<span class=\"_ _5\"/>us</div>\n<div class=\"t m0 x5 h8 y8ee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">app<span class=\"_ _5\"/>liqu\u00e9 pa<span class=\"_ _5\"/>r bpos<span class=\"_ _5\"/>t gar<span class=\"_ _5\"/>antit le r<span class=\"_ _5\"/>espe<span class=\"_ _5\"/>ct d<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rainte<span class=\"_ _5\"/>s de la no<span class=\"_ _5\"/>rme IF<span class=\"_ _5\"/>RS 15 r<span class=\"_ _5\"/>elati<span class=\"_ _5\"/>ves aux co<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s varia<span class=\"_ _5\"/>bles<span class=\"_ _5\"/>, c'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire q<span class=\"_ _5\"/>ue bpos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y8ef ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>se les co<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ties v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>les po<span class=\"_ _5\"/>ur les<span class=\"_ _5\"/>quelle<span class=\"_ _5\"/>s il es<span class=\"_ _5\"/>t hautem<span class=\"_ _5\"/>ent pr<span class=\"_ _5\"/>obable q<span class=\"_ _5\"/>u'<span class=\"_ _d\"/>aucu<span class=\"_ _5\"/>n reven<span class=\"_ _5\"/>u signif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if ne se<span class=\"_ _5\"/>ra ann<span class=\"_ _5\"/>ul\u00e9 une foi<span class=\"_ _5\"/>s les</div>\n<div class=\"t m0 x5 h8 y8f0 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">incertitudes lev\u00e9es.</div>\n<div class=\"t m0 x6 h7 y8f1 ff7 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(ii) <span class=\"_ _70\"> </span>Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e logi<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>que et d<span class=\"_ _5\"/>e ful<span class=\"_ _5\"/>film<span class=\"_ _5\"/>ent</div>\n<div class=\"t m0 x5 h10 y8f2 ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -8px; z-index: 15;\">Ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces inclus da<span class=\"_ _5\"/>ns les \u00e9l\u00e9<span class=\"_ _5\"/>ments d<span class=\"_ _5\"/>es ligne<span class=\"_ _5\"/>s de produ<span class=\"_ _5\"/>its : E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s E<span class=\"_ _d\"/>uras<span class=\"_ _5\"/>ia and E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tics N<span class=\"_ _5\"/>ort<span class=\"_ _5\"/>h Ame<span class=\"_ _5\"/>rica (fulfilm<span class=\"_ _5\"/>ent et logi<span class=\"_ _5\"/>stique) et Cro<span class=\"_ _5\"/>ss \u2013</div>\n<div class=\"t m0 x5 h9 y8f3 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bord<span class=\"_ _5\"/>er (droits d<span class=\"_ _5\"/>e douane)</div>\n<div class=\"t m0 x5 h8 y8f4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te ca<span class=\"_ _5\"/>t\u00e9gor<span class=\"_ _5\"/>ie de se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>d le fulf<span class=\"_ _5\"/>ilme<span class=\"_ _5\"/>nt de l\u2019e \u2013 commerc<span class=\"_ _5\"/>e, en ce comp<span class=\"_ _5\"/>ris l'entr<span class=\"_ _5\"/>epos<span class=\"_ _5\"/>age et la ma<span class=\"_ _5\"/>nutent<span class=\"_ _5\"/>ion de ma<span class=\"_ _5\"/>rchan<span class=\"_ _5\"/>dise<span class=\"_ _5\"/>s, la lo<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y8f5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gis<span class=\"_ _5\"/>tiqu<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>-co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ce, ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de r<span class=\"_ _5\"/>\u00e9para<span class=\"_ _5\"/>tion in<span class=\"_ _5\"/>clus, e<span class=\"_ _5\"/>t les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s tran<span class=\"_ _5\"/>sfr<span class=\"_ _5\"/>ontali<span class=\"_ _5\"/>ers d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e \u2013 co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ce, y compr<span class=\"_ _5\"/>is le se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice de d\u00e9<span class=\"_ _5\"/>doua<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt.</div>\n<div class=\"t m0 x5 h8 y8f6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ues et d<span class=\"_ _5\"/>e fulf<span class=\"_ _5\"/>ilmen<span class=\"_ _5\"/>t impliqu<span class=\"_ _5\"/>ent le<span class=\"_ _5\"/>s obliga<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ions sui<span class=\"_ _5\"/>vante<span class=\"_ _5\"/>s : r\u00e9ce<span class=\"_ _5\"/>ption<span class=\"_ _5\"/>, entre<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>age, enl\u00e8<span class=\"_ _5\"/>veme<span class=\"_ _5\"/>nt et emb<span class=\"_ _5\"/>al-</div>\n<div class=\"t m0 x5 h8 y8f7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lage, r<span class=\"_ _5\"/>etour, r\u00e9par<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n et d\u00e9d<span class=\"_ _5\"/>ouane<span class=\"_ _5\"/>ment de<span class=\"_ _5\"/>s march<span class=\"_ _5\"/>andis<span class=\"_ _5\"/>es. L<span class=\"_ _5\"/>es reve<span class=\"_ _5\"/>nus so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s lor<span class=\"_ _5\"/>squ<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de pre<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>, la prom<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8f8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de fo<span class=\"_ _5\"/>urnir un s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice a<span class=\"_ _5\"/>u client<span class=\"_ _5\"/>, es<span class=\"_ _5\"/>t sati<span class=\"_ _5\"/>sfa<span class=\"_ _5\"/>ite \u00e0 un mom<span class=\"_ _5\"/>ent don<span class=\"_ _5\"/>n\u00e9 (par e<span class=\"_ _5\"/>xemple lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue le pick &amp; p<span class=\"_ _5\"/>ack a eu li<span class=\"_ _5\"/>eu) ou en ca<span class=\"_ _5\"/>s de sto<span class=\"_ _5\"/>ckage d<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 y8f9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">marc<span class=\"_ _5\"/>handis<span class=\"_ _5\"/>es dan<span class=\"_ _5\"/>s le temps<span class=\"_ _5\"/>. bpo<span class=\"_ _5\"/>st cons<span class=\"_ _5\"/>id\u00e8re g<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt qu'elle es<span class=\"_ _5\"/>t l'agent dans l<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices d<span class=\"_ _5\"/>e logis<span class=\"_ _5\"/>tique e<span class=\"_ _5\"/>t de fulf<span class=\"_ _5\"/>ilm<span class=\"_ _5\"/>ent. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t se char<span class=\"_ _5\"/>ge</div>\n<div class=\"t m0 x5 h8 y8fa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du tr<span class=\"_ _5\"/>aitem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s marcha<span class=\"_ _5\"/>ndise<span class=\"_ _5\"/>s reto<span class=\"_ _5\"/>urn\u00e9<span class=\"_ _5\"/>es po<span class=\"_ _5\"/>ur le compte du c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>, mais bp<span class=\"_ _5\"/>ost n'ass<span class=\"_ _5\"/>ume auc<span class=\"_ _5\"/>une res<span class=\"_ _5\"/>pons<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>t\u00e9, si bie<span class=\"_ _5\"/>n qu\u2019<span class=\"_ _d\"/>auc<span class=\"_ _5\"/>une re<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y8fb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sab<span class=\"_ _5\"/>ilit\u00e9 po<span class=\"_ _5\"/>ur le reto<span class=\"_ _5\"/>ur n'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t imput<span class=\"_ _5\"/>\u00e9e \u00e0 bpo<span class=\"_ _5\"/>st<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8fc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>emis<span class=\"_ _5\"/>es li\u00e9<span class=\"_ _5\"/>es au volu<span class=\"_ _5\"/>me qui do<span class=\"_ _5\"/>nnent li<span class=\"_ _5\"/>eu \u00e0 une con<span class=\"_ _5\"/>trepa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie var<span class=\"_ _5\"/>iable, s<span class=\"_ _5\"/>ont com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>es men<span class=\"_ _5\"/>suelle<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>t la meill<span class=\"_ _5\"/>eure es<span class=\"_ _5\"/>tima<span class=\"_ _5\"/>tion de</div>\n<div class=\"t m0 x5 h8 y8fd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l\u2019encour<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>t ref<span class=\"_ _5\"/>l\u00e9t\u00e9e da<span class=\"_ _5\"/>ns le bila<span class=\"_ _5\"/>n consol<span class=\"_ _5\"/>id\u00e9, sur b<span class=\"_ _5\"/>ase du p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>pe de la va<span class=\"_ _5\"/>leur at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>ue.</div>\n<div class=\"t m0 x6 h7 y8fe ff7 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(ii<span class=\"_ _5\"/>i) Ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de ba<span class=\"_ _5\"/>ck \u2013 off<span class=\"_ _5\"/>ice, pr<span class=\"_ _5\"/>oximi<span class=\"_ _5\"/>t\u00e9 et co<span class=\"_ _5\"/>mmod<span class=\"_ _5\"/>it\u00e9</div>\n<div class=\"t m0 x5 h10 y8ff ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -9px; z-index: 15;\">Ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces inclus da<span class=\"_ _5\"/>ns les \u00e9l\u00e9<span class=\"_ _5\"/>ments d<span class=\"_ _5\"/>es ligne<span class=\"_ _5\"/>s de produ<span class=\"_ _5\"/>its : E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Nor<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>erica (call center et P<span class=\"_ _5\"/>T&amp;F), Value adde<span class=\"_ _5\"/>d ser<span class=\"_ _5\"/>vices et Pro<span class=\"_ _5\"/>ximit<span class=\"_ _5\"/>y and</div>\n<div class=\"t m0 x5 h10 y900 ff8 fs3 fc2 sc0 ls0 ws36\" style=\"z-index: 15;\">conveni<span class=\"_ _5\"/>ence retail n<span class=\"_ _5\"/>etwor<span class=\"_ _5\"/>k (produ<span class=\"_ _5\"/>its fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s, vent<span class=\"_ _5\"/>e de marcha<span class=\"_ _5\"/>ndises\u2026)</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 57px; height: 1025px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te ca<span class=\"_ _5\"/>t\u00e9gor<span class=\"_ _5\"/>ie de se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices in<span class=\"_ _5\"/>clut :</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>s de bac<span class=\"_ _5\"/>k \u2013 offi<span class=\"_ _5\"/>ce, call ce<span class=\"_ _5\"/>nter inc<span class=\"_ _5\"/>lus, le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nt et se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de lut<span class=\"_ _5\"/>te con<span class=\"_ _5\"/>tre la</div>\n<div class=\"t m0 x2a h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fr<span class=\"_ _5\"/>aude e<span class=\"_ _5\"/>t de fi<span class=\"_ _5\"/>scali<span class=\"_ _5\"/>t\u00e9, les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s admini<span class=\"_ _5\"/>str<span class=\"_ _5\"/>atif<span class=\"_ _5\"/>s et de ge<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>ocume<span class=\"_ _5\"/>nts ; e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de prox<span class=\"_ _5\"/>imit\u00e9 et co<span class=\"_ _5\"/>mmod<span class=\"_ _5\"/>it\u00e9, y comp<span class=\"_ _5\"/>ris l'acc\u00e8s a<span class=\"_ _5\"/>u r\u00e9se<span class=\"_ _5\"/>au, le se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice au<span class=\"_ _5\"/>x guich<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s pour diff<span class=\"_ _5\"/>\u00e9ren<span class=\"_ _5\"/>ts par<span class=\"_ _5\"/>te<span class=\"_ _5\"/>naire<span class=\"_ _5\"/>s et la vent<span class=\"_ _5\"/>e de bien<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">auto<span class=\"_ _5\"/>produ<span class=\"_ _5\"/>its (p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent phil<span class=\"_ _5\"/>at\u00e9liqu<span class=\"_ _5\"/>es), de prod<span class=\"_ _5\"/>uits d<span class=\"_ _5\"/>e d\u00e9t<span class=\"_ _5\"/>ail et de b<span class=\"_ _5\"/>iens de p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tenaire<span class=\"_ _5\"/>s, en ce co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s les pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s de bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque.</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es de bac<span class=\"_ _5\"/>k \u2013 off<span class=\"_ _5\"/>ice et de pr<span class=\"_ _5\"/>oximit\u00e9 e<span class=\"_ _5\"/>t commo<span class=\"_ _5\"/>dit\u00e9 impl<span class=\"_ _5\"/>iquen<span class=\"_ _5\"/>t les obli<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>ns de pre<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>ntes : acc\u00e8<span class=\"_ _5\"/>s au r\u00e9<span class=\"_ _5\"/>seau et a<span class=\"_ _5\"/>ux poi<span class=\"_ _5\"/>nts</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de ven<span class=\"_ _5\"/>te, ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices au g<span class=\"_ _5\"/>uiche<span class=\"_ _5\"/>t, ven<span class=\"_ _5\"/>te de bien<span class=\"_ _5\"/>s et tr<span class=\"_ _5\"/>aitem<span class=\"_ _5\"/>ent de tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>, de docu<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s ou d\u2019app<span class=\"_ _5\"/>els<span class=\"_ _5\"/>. Les re<span class=\"_ _5\"/>venus s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9s</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lor<span class=\"_ _5\"/>sque l'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de pre<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>tions<span class=\"_ _5\"/>, la pro<span class=\"_ _5\"/>mes<span class=\"_ _5\"/>se de fo<span class=\"_ _5\"/>urnir un s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce ou un bie<span class=\"_ _5\"/>n au clien<span class=\"_ _5\"/>t, es<span class=\"_ _5\"/>t sati<span class=\"_ _5\"/>sfa<span class=\"_ _5\"/>ite \u00e0 un mom<span class=\"_ _5\"/>ent don<span class=\"_ _5\"/>n\u00e9 (par e<span class=\"_ _5\"/>xemple<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 yae ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice au gu<span class=\"_ _5\"/>ichet<span class=\"_ _5\"/>, tr<span class=\"_ _5\"/>aiteme<span class=\"_ _5\"/>nt d\u2019ar<span class=\"_ _5\"/>ticle<span class=\"_ _5\"/>s ou vente d'un b<span class=\"_ _5\"/>ien) ou dans le te<span class=\"_ _5\"/>mps (pa<span class=\"_ _5\"/>r exemp<span class=\"_ _5\"/>le, acc\u00e8s a<span class=\"_ _5\"/>u r\u00e9s<span class=\"_ _5\"/>eau). bpos<span class=\"_ _5\"/>t consid<span class=\"_ _5\"/>\u00e8re g\u00e9n<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qu'il s'agit du p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>pe en mat<span class=\"_ _5\"/>i\u00e8re de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de bac<span class=\"_ _5\"/>k \u2013 off<span class=\"_ _5\"/>ice et de ve<span class=\"_ _5\"/>nte de bie<span class=\"_ _5\"/>ns au d\u00e9t<span class=\"_ _5\"/>ail et d<span class=\"_ _5\"/>e biens a<span class=\"_ _5\"/>utopro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s et qu<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>age<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qui re<span class=\"_ _5\"/>\u00e7oit une co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sion dan<span class=\"_ _5\"/>s le cas d<span class=\"_ _5\"/>e produ<span class=\"_ _5\"/>its d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e et de ve<span class=\"_ _5\"/>nte de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de par<span class=\"_ _5\"/>te<span class=\"_ _5\"/>naires<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yb1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie des r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s du r\u00e9s<span class=\"_ _5\"/>eau de com<span class=\"_ _5\"/>merce de d<span class=\"_ _5\"/>\u00e9tai<span class=\"_ _5\"/>l de prox<span class=\"_ _5\"/>imit\u00e9 et com<span class=\"_ _5\"/>modi<span class=\"_ _5\"/>t\u00e9 (<span class=\"_ _d\"/>d\u00e9<span class=\"_ _5\"/>clar\u00e9<span class=\"_ _5\"/>s comme r<span class=\"_ _5\"/>evenus S<span class=\"_ _5\"/>IEG) est co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>itu\u00e9e d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d'<span class=\"_ _5\"/>Int\u00e9r\u00ea<span class=\"_ _5\"/>t Economi<span class=\"_ _5\"/>que G\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>l (<span class=\"_ _d\"/>SI<span class=\"_ _5\"/>EG<span class=\"_ _d\"/>) as<span class=\"_ _5\"/>sur\u00e9<span class=\"_ _5\"/>s par bpo<span class=\"_ _5\"/>st po<span class=\"_ _5\"/>ur le compte d<span class=\"_ _5\"/>e l'\u00c9tat be<span class=\"_ _5\"/>lge. Ce<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces eng<span class=\"_ _5\"/>lobe<span class=\"_ _5\"/>nt entre a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s l'<span class=\"_ _d\"/>en<span class=\"_ _5\"/>tret<span class=\"_ _5\"/>ien</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'un r\u00e9s<span class=\"_ _5\"/>eau \u00e9te<span class=\"_ _5\"/>ndu de co<span class=\"_ _5\"/>mmerce d<span class=\"_ _5\"/>e d\u00e9t<span class=\"_ _5\"/>ail et de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices tel<span class=\"_ _5\"/>s que le pa<span class=\"_ _5\"/>ieme<span class=\"_ _5\"/>nt \u00e0 domic<span class=\"_ _5\"/>ile des p<span class=\"_ _5\"/>ensio<span class=\"_ _5\"/>ns et l'ex\u00e9<span class=\"_ _5\"/>cutio<span class=\"_ _5\"/>n de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers</div>\n<div class=\"t m0 x5 h8 yb4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pos<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x. L<span class=\"_ _5\"/>a compe<span class=\"_ _5\"/>nsat<span class=\"_ _5\"/>ion des S<span class=\"_ _5\"/>IEG se bas<span class=\"_ _5\"/>e sur une m<span class=\"_ _5\"/>\u00e9th<span class=\"_ _5\"/>odolo<span class=\"_ _5\"/>gie de co\u00fb<span class=\"_ _5\"/>t net \u00e9v<span class=\"_ _5\"/>it\u00e9 (\u201cNAC\u201d p<span class=\"_ _5\"/>our ne<span class=\"_ _5\"/>t avoide<span class=\"_ _5\"/>d cost) e<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t r\u00e9par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie de mani<span class=\"_ _5\"/>\u00e8re</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9ga<span class=\"_ _5\"/>le sur les q<span class=\"_ _5\"/>uatre tr<span class=\"_ _5\"/>ime<span class=\"_ _5\"/>str<span class=\"_ _5\"/>es (compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dans l<span class=\"_ _5\"/>e temps). Cet<span class=\"_ _5\"/>te m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e pr\u00e9vo<span class=\"_ _5\"/>it que la com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>ation s<span class=\"_ _5\"/>era c<span class=\"_ _5\"/>alcul\u00e9<span class=\"_ _5\"/>e en fon<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de la</div>\n<div class=\"t m0 x5 h8 y203 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>n co\u00fbt ne<span class=\"_ _5\"/>t entre l<span class=\"_ _5\"/>e fait d'as<span class=\"_ _5\"/>surer o<span class=\"_ _5\"/>u non la fo<span class=\"_ _5\"/>urnit<span class=\"_ _5\"/>ure des S<span class=\"_ _5\"/>IEG. En cour<span class=\"_ _5\"/>s d'ann\u00e9e<span class=\"_ _5\"/>, des c<span class=\"_ _5\"/>alcul<span class=\"_ _5\"/>s sont e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9s p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s SIEG afi<span class=\"_ _5\"/>n de</div>\n<div class=\"t m0 x5 h8 y204 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s'assu<span class=\"_ _5\"/>rer que la r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on corr<span class=\"_ _5\"/>esp<span class=\"_ _5\"/>onde au<span class=\"_ _5\"/>x mont<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s enreg<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices Pay<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>, T<span class=\"_ _1\"/>ax a<span class=\"_ _5\"/>nd Fraud (P<span class=\"_ _5\"/>T&amp;F), le man<span class=\"_ _5\"/>ageme<span class=\"_ _5\"/>nt est<span class=\"_ _5\"/>ime un pa<span class=\"_ _5\"/>ssif d<span class=\"_ _5\"/>e remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t sur la bas<span class=\"_ _5\"/>e de la m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e de la val<span class=\"_ _5\"/>eur</div>\n<div class=\"t m0 x5 h8 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>e pour le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s poten<span class=\"_ _5\"/>tiel<span class=\"_ _5\"/>s li\u00e9s a<span class=\"_ _5\"/>ux ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de f<span class=\"_ _5\"/>rau<span class=\"_ _5\"/>de.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 732px; height: 350px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag408": {
   "value": "\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 lsa0 wsb3\" style=\"z-index: 15;\">Cr\u00e9ances</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s sont i<span class=\"_ _5\"/>nitiale<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>es \u00e0 leur j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur, et ult\u00e9r<span class=\"_ _5\"/>ieure<span class=\"_ _5\"/>ment \u00e0 le<span class=\"_ _5\"/>ur co\u00fbt am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ti, c\u2019es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire \u00e0 la val<span class=\"_ _5\"/>eur ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>le des f<span class=\"_ _5\"/>lux de</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">liqui<span class=\"_ _5\"/>dit\u00e9s \u00e0 re<span class=\"_ _5\"/>cevoir (s<span class=\"_ _5\"/>auf si l\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t de l\u2019actua<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t non s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if<span class=\"_ _5\"/>).</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise une c<span class=\"_ _5\"/>r\u00e9ance co<span class=\"_ _5\"/>mmerc<span class=\"_ _5\"/>iale lor<span class=\"_ _5\"/>squ'elle a un dr<span class=\"_ _5\"/>oit incon<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>nnel a<span class=\"_ _5\"/>u paiem<span class=\"_ _5\"/>ent d'une cont<span class=\"_ _5\"/>repa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie suite \u00e0 l<span class=\"_ _5\"/>a satis<span class=\"_ _5\"/>fac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n d'une</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">obligation de<span class=\"_ _d\"/> per<span class=\"_ _5\"/>formance.</div>\n\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise sur l'en<span class=\"_ _5\"/>semb<span class=\"_ _5\"/>le de se<span class=\"_ _5\"/>s cr\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s une pro<span class=\"_ _5\"/>visio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes sur c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s atte<span class=\"_ _5\"/>ndue<span class=\"_ _5\"/>s sur la bas<span class=\"_ _5\"/>e du mo<span class=\"_ _5\"/>d\u00e8le de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h7 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s sur cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>ues sur l<span class=\"_ _5\"/>a dur\u00e9e d<span class=\"_ _5\"/>e vie (\"<span class=\"ff5 ls4f ws5e\">EC<span class=\"_ _5\"/>L<span class=\"_ _3b\"/><span class=\"ff4 ls0 ws0\">\"). Com<span class=\"_ _5\"/>me les cr<span class=\"_ _5\"/>\u00e9ance<span class=\"_ _5\"/>s commer<span class=\"_ _5\"/>ciales n<span class=\"_ _5\"/>e contie<span class=\"_ _5\"/>nnen<span class=\"_ _5\"/>t pas de com<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>nte de f<span class=\"_ _5\"/>inancem<span class=\"_ _5\"/>ent </span></span></div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sign<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>ative<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t a choi<span class=\"_ _5\"/>si d'appliq<span class=\"_ _5\"/>uer l'appro<span class=\"_ _5\"/>che si<span class=\"_ _5\"/>mplif<span class=\"_ _5\"/>i\u00e9e p<span class=\"_ _5\"/>our cal<span class=\"_ _5\"/>culer le t<span class=\"_ _5\"/>aux de p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes de c<span class=\"_ _5\"/>r\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues e<span class=\"_ _5\"/>n utilis<span class=\"_ _5\"/>ant une m<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>ce de</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>, bas\u00e9<span class=\"_ _5\"/>e sur le<span class=\"_ _5\"/>s taux d<span class=\"_ _5\"/>e d\u00e9fa<span class=\"_ _5\"/>ut his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ues ada<span class=\"_ _5\"/>pt\u00e9s au<span class=\"_ _5\"/>x infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>ns ac<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>s et fu<span class=\"_ _5\"/>tures<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 897px; height: 65px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 897px; height: 185px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 897px; height: 185px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag399": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 lsa0 wsb3\" style=\"z-index: 15;\">Cr\u00e9ances</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s sont i<span class=\"_ _5\"/>nitiale<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>es \u00e0 leur j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur, et ult\u00e9r<span class=\"_ _5\"/>ieure<span class=\"_ _5\"/>ment \u00e0 le<span class=\"_ _5\"/>ur co\u00fbt am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ti, c\u2019es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire \u00e0 la val<span class=\"_ _5\"/>eur ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>le des f<span class=\"_ _5\"/>lux de</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">liqui<span class=\"_ _5\"/>dit\u00e9s \u00e0 re<span class=\"_ _5\"/>cevoir (s<span class=\"_ _5\"/>auf si l\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t de l\u2019actua<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t non s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if<span class=\"_ _5\"/>).</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise une c<span class=\"_ _5\"/>r\u00e9ance co<span class=\"_ _5\"/>mmerc<span class=\"_ _5\"/>iale lor<span class=\"_ _5\"/>squ'elle a un dr<span class=\"_ _5\"/>oit incon<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>nnel a<span class=\"_ _5\"/>u paiem<span class=\"_ _5\"/>ent d'une cont<span class=\"_ _5\"/>repa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie suite \u00e0 l<span class=\"_ _5\"/>a satis<span class=\"_ _5\"/>fac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n d'une</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">obligation de<span class=\"_ _d\"/> per<span class=\"_ _5\"/>formance.</div>\n\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise sur l'en<span class=\"_ _5\"/>semb<span class=\"_ _5\"/>le de se<span class=\"_ _5\"/>s cr\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s une pro<span class=\"_ _5\"/>visio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes sur c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s atte<span class=\"_ _5\"/>ndue<span class=\"_ _5\"/>s sur la bas<span class=\"_ _5\"/>e du mo<span class=\"_ _5\"/>d\u00e8le de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h7 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s sur cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>ues sur l<span class=\"_ _5\"/>a dur\u00e9e d<span class=\"_ _5\"/>e vie (\"<span class=\"ff5 ls4f ws5e\">EC<span class=\"_ _5\"/>L<span class=\"_ _3b\"/><span class=\"ff4 ls0 ws0\">\"). Com<span class=\"_ _5\"/>me les cr<span class=\"_ _5\"/>\u00e9ance<span class=\"_ _5\"/>s commer<span class=\"_ _5\"/>ciales n<span class=\"_ _5\"/>e contie<span class=\"_ _5\"/>nnen<span class=\"_ _5\"/>t pas de com<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>nte de f<span class=\"_ _5\"/>inancem<span class=\"_ _5\"/>ent </span></span></div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sign<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>ative<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t a choi<span class=\"_ _5\"/>si d'appliq<span class=\"_ _5\"/>uer l'appro<span class=\"_ _5\"/>che si<span class=\"_ _5\"/>mplif<span class=\"_ _5\"/>i\u00e9e p<span class=\"_ _5\"/>our cal<span class=\"_ _5\"/>culer le t<span class=\"_ _5\"/>aux de p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes de c<span class=\"_ _5\"/>r\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues e<span class=\"_ _5\"/>n utilis<span class=\"_ _5\"/>ant une m<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>ce de</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>, bas\u00e9<span class=\"_ _5\"/>e sur le<span class=\"_ _5\"/>s taux d<span class=\"_ _5\"/>e d\u00e9fa<span class=\"_ _5\"/>ut his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ues ada<span class=\"_ _5\"/>pt\u00e9s au<span class=\"_ _5\"/>x infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>ns ac<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>s et fu<span class=\"_ _5\"/>tures<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 897px; height: 65px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 897px; height: 185px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 hb y8b ff5 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Frais d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>ats</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise com<span class=\"_ _5\"/>me ac<span class=\"_ _5\"/>tif les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s diff\u00e9re<span class=\"_ _5\"/>ntie<span class=\"_ _5\"/>ls po<span class=\"_ _5\"/>ur obten<span class=\"_ _5\"/>ir un contr<span class=\"_ _5\"/>at et po<span class=\"_ _5\"/>ur ex\u00e9<span class=\"_ _5\"/>cuter un co<span class=\"_ _5\"/>ntrat s<span class=\"_ _5\"/>i bpos<span class=\"_ _5\"/>t pr\u00e9v<span class=\"_ _5\"/>oit de le<span class=\"_ _5\"/>s r\u00e9cup<span class=\"_ _5\"/>\u00e9rer.</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Si le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s nor<span class=\"_ _5\"/>mes ne s<span class=\"_ _5\"/>ont pa<span class=\"_ _5\"/>s applic<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s, se<span class=\"_ _5\"/>uls le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s direc<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent li\u00e9<span class=\"_ _5\"/>s \u00e0 l'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>\u00e9cuti<span class=\"_ _5\"/>on d'un cont<span class=\"_ _5\"/>rat rel<span class=\"_ _5\"/>evant d<span class=\"_ _5\"/>e l'IFRS 1<span class=\"_ _5\"/>5 sont a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>iv\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019\u00e9valu<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e ces cri<span class=\"_ _5\"/>t\u00e8res n<span class=\"_ _5\"/>\u00e9ces<span class=\"_ _5\"/>site un j<span class=\"_ _5\"/>ugemen<span class=\"_ _5\"/>t de la dire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>iv\u00e9s s<span class=\"_ _5\"/>ont pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t li\u00e9s \u00e0 la mi<span class=\"_ _5\"/>se en pl<span class=\"_ _5\"/>ace et \u00e0 l'adapt<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des s<span class=\"_ _5\"/>yst\u00e8<span class=\"_ _5\"/>mes<span class=\"_ _5\"/>, \u00e0 la ges<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e proje<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>, \u00e0 la for<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>n et aux co<span class=\"_ _5\"/>m-</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mis<span class=\"_ _5\"/>sions d<span class=\"_ _5\"/>e vente p<span class=\"_ _5\"/>our les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ue et de f<span class=\"_ _5\"/>ulfi<span class=\"_ _5\"/>lment<span class=\"_ _5\"/>, ainsi qu<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ux se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e back \u2013 off<span class=\"_ _5\"/>ice, d<span class=\"_ _5\"/>e proxim<span class=\"_ _5\"/>it\u00e9 et comm<span class=\"_ _5\"/>odit\u00e9<span class=\"_ _5\"/>. Les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>s sur la dur\u00e9<span class=\"_ _5\"/>e pr\u00e9<span class=\"_ _5\"/>vue du con<span class=\"_ _5\"/>trat ave<span class=\"_ _5\"/>c le clie<span class=\"_ _5\"/>nt.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 732px; height: 140px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 hb yb ff5 fs6 fc3 sc0 ls51 ws61\" style=\"z-index: 15;\">Titres de p<span class=\"_ _d\"/>lacement</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>itre<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cement p<span class=\"_ _5\"/>euve<span class=\"_ _5\"/>nt \u00eatr<span class=\"_ _5\"/>e clas<span class=\"_ _5\"/>sifi<span class=\"_ _5\"/>\u00e9s, lo<span class=\"_ _5\"/>rs de le<span class=\"_ _5\"/>ur compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n initial<span class=\"_ _5\"/>e, comme \u00e9<span class=\"_ _5\"/>tant ul<span class=\"_ _5\"/>t\u00e9rie<span class=\"_ _5\"/>urem<span class=\"_ _5\"/>ent \u00e9va<span class=\"_ _5\"/>lu\u00e9s au co<span class=\"_ _5\"/>\u00fbt amor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>i, \u00e0</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur par le bia<span class=\"_ _5\"/>is des a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s \u00e9l\u00e9me<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>u r\u00e9sul<span class=\"_ _5\"/>tat glo<span class=\"_ _5\"/>bal (OCI) et \u00e0 la j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur par l<span class=\"_ _5\"/>e biais du com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s<span class=\"_ _5\"/>. La cla<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des t<span class=\"_ _5\"/>itre<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cement l<span class=\"_ _5\"/>ors de l<span class=\"_ _5\"/>a compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>ation in<span class=\"_ _5\"/>itiale d<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>d des c<span class=\"_ _5\"/>arac<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>iques d<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>act<span class=\"_ _5\"/>uels d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et du m<span class=\"_ _5\"/>od\u00e8l<span class=\"_ _5\"/>e d'<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t pour le<span class=\"_ _5\"/>ur ges<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t \u00e9va<span class=\"_ _5\"/>lue init<span class=\"_ _5\"/>ialeme<span class=\"_ _5\"/>nt un ac<span class=\"_ _5\"/>tif f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier \u00e0 sa ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur plus<span class=\"_ _5\"/>, dans le c<span class=\"_ _5\"/>as d'un ac<span class=\"_ _5\"/>tif</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er qui n'est pa<span class=\"_ _5\"/>s \u00e0 la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r par le biai<span class=\"_ _5\"/>s du compte de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s, les co<span class=\"_ _5\"/>\u00fbts d<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La c<span class=\"_ _5\"/>lass<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n et l'\u00e9valuat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s titre<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cemen<span class=\"_ _5\"/>t de bpos<span class=\"_ _5\"/>t so<span class=\"_ _5\"/>nt les sui<span class=\"_ _5\"/>vante<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les i<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e det<span class=\"_ _5\"/>te au co\u00fbt a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>ti p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers qui s<span class=\"_ _5\"/>ont d\u00e9<span class=\"_ _5\"/>tenus da<span class=\"_ _5\"/>ns le cad<span class=\"_ _5\"/>re d'un mod<span class=\"_ _5\"/>\u00e8le d'entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>se dont l'obj<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tif</div>\n<div class=\"t m0 x2a h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t de d\u00e9t<span class=\"_ _5\"/>enir les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers af<span class=\"_ _5\"/>in de co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>ter de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>ls qui r<span class=\"_ _5\"/>\u00e9pon<span class=\"_ _5\"/>dent au c<span class=\"_ _5\"/>rit\u00e8r<span class=\"_ _5\"/>e SPPI (Sole<span class=\"_ _5\"/>ly Paym<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s of</div>\n<div class=\"t m0 x2a h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prin<span class=\"_ _5\"/>cipal an<span class=\"_ _5\"/>d Inter<span class=\"_ _5\"/>est<span class=\"_ _5\"/>s).</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers \u00e0 l<span class=\"_ _5\"/>a FV<span class=\"_ _5\"/>PL (Fair Value th<span class=\"_ _5\"/>rough Pr<span class=\"_ _5\"/>ofit &amp; L<span class=\"_ _5\"/>oss) ne com<span class=\"_ _5\"/>prenn<span class=\"_ _5\"/>ent que d<span class=\"_ _5\"/>es ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s d\u00e9r<span class=\"_ _5\"/>iv\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les t<span class=\"_ _5\"/>itre<span class=\"_ _5\"/>s de place<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>ont sou<span class=\"_ _5\"/>mis \u00e0 une m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion de v<span class=\"_ _5\"/>aleur, appe<span class=\"_ _5\"/>l\u00e9e mo<span class=\"_ _5\"/>d\u00e8le de p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>due (ECL), qui exig<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de me<span class=\"_ _5\"/>sure<span class=\"_ _5\"/>r les pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s de cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>es. C<span class=\"_ _5\"/>es ECL so<span class=\"_ _5\"/>nt bas\u00e9<span class=\"_ _5\"/>es sur l<span class=\"_ _5\"/>a diff\u00e9r<span class=\"_ _5\"/>ence ent<span class=\"_ _5\"/>re les f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s dus con<span class=\"_ _5\"/>form<span class=\"_ _5\"/>\u00e9ment a<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>rat et to<span class=\"_ _5\"/>us les f<span class=\"_ _5\"/>lux de t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie que bp<span class=\"_ _5\"/>ost s'at<span class=\"_ _5\"/>tend \u00e0 re<span class=\"_ _5\"/>cevoir. Pour le<span class=\"_ _5\"/>s inst<span class=\"_ _5\"/>rum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de det<span class=\"_ _5\"/>te, l'ECL e<span class=\"_ _5\"/>st bas<span class=\"_ _5\"/>\u00e9e sur l'<span class=\"_ _5\"/>ECL \u00e0 12 mois<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'<span class=\"_ _5\"/>E<span class=\"_ _d\"/>CL \u00e0 1<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">moi<span class=\"_ _5\"/>s est l<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie de<span class=\"_ _5\"/>s ECL \u00e0 vie qui r<span class=\"_ _5\"/>\u00e9sulte d'\u00e9v\u00e9<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e d\u00e9fa<span class=\"_ _5\"/>illance s<span class=\"_ _5\"/>ur un ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er qui so<span class=\"_ _5\"/>nt pos<span class=\"_ _5\"/>sible<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s 12 moi<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la date d<span class=\"_ _5\"/>e public<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>. T<span class=\"_ _1\"/>ou<span class=\"_ _5\"/>tefois<span class=\"_ _5\"/>, lor<span class=\"_ _5\"/>squ'il y a eu un<span class=\"_ _5\"/>e augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion sign<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>ve du ris<span class=\"_ _5\"/>que de cr<span class=\"_ _5\"/>\u00e9dit de<span class=\"_ _5\"/>puis l'ori<span class=\"_ _5\"/>gine, la p<span class=\"_ _5\"/>rovis<span class=\"_ _5\"/>ion se<span class=\"_ _5\"/>ra bas<span class=\"_ _5\"/>\u00e9e</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur la d<span class=\"_ _5\"/>ur\u00e9e de v<span class=\"_ _5\"/>ie de l\u2019ECL<span class=\"_ _5\"/>. bp<span class=\"_ _5\"/>ost con<span class=\"_ _5\"/>sid\u00e8r<span class=\"_ _5\"/>e qu'un titr<span class=\"_ _5\"/>e de place<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>st en d<span class=\"_ _5\"/>\u00e9fau<span class=\"_ _5\"/>t (totalem<span class=\"_ _5\"/>ent ou pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ielle<span class=\"_ _5\"/>ment) lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue des in<span class=\"_ _5\"/>form<span class=\"_ _5\"/>ations</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">inter<span class=\"_ _5\"/>nes o<span class=\"_ _5\"/>u ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>es indi<span class=\"_ _5\"/>quent q<span class=\"_ _5\"/>u'il est p<span class=\"_ _5\"/>eu pro<span class=\"_ _5\"/>bable qu<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t re\u00e7o<span class=\"_ _5\"/>ive la tota<span class=\"_ _5\"/>lit\u00e9 de<span class=\"_ _5\"/>s monta<span class=\"_ _5\"/>nts co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>els e<span class=\"_ _5\"/>n cours e<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e l'ECL</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">appropri\u00e9e.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>chat<span class=\"_ _5\"/>s ou les v<span class=\"_ _5\"/>entes d'ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s et d\u00e9<span class=\"_ _5\"/>compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9s de m<span class=\"_ _5\"/>ani\u00e8re r<span class=\"_ _5\"/>\u00e9guli<span class=\"_ _5\"/>\u00e8re en ut<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>nt la compt<span class=\"_ _5\"/>abilit<span class=\"_ _5\"/>\u00e9 \u00e0 la date de</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e8g<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t. La j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s est d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9<span class=\"_ _5\"/>e par r\u00e9f\u00e9<span class=\"_ _5\"/>rence a<span class=\"_ _5\"/>ux pr<span class=\"_ _5\"/>ix publi<span class=\"_ _5\"/>\u00e9s sur un ma<span class=\"_ _5\"/>rch\u00e9 a<span class=\"_ _5\"/>ctif.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 327px; height: 380px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 hb y5d ff7 fs6 fc3 sc0 ls1e ws6a\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r\u00e9sorerie et <span class=\"_ _d\"/>\u00e9quivalents de <span class=\"_ _d\"/>tr\u00e9sorerie</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te r<span class=\"_ _5\"/>ubriq<span class=\"_ _5\"/>ue inclu<span class=\"_ _5\"/>t les vale<span class=\"_ _5\"/>urs di<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>ibles e<span class=\"_ _5\"/>n cais<span class=\"_ _5\"/>se, en b<span class=\"_ _5\"/>anque<span class=\"_ _5\"/>, les vale<span class=\"_ _5\"/>urs \u00e0 l\u2019enc<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt, le<span class=\"_ _5\"/>s placem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me (avec une</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9ch<span class=\"_ _5\"/>\u00e9ance in<span class=\"_ _5\"/>itiale de 3 m<span class=\"_ _5\"/>ois au pl<span class=\"_ _5\"/>us)<span class=\"_ _d\"/>, tr<span class=\"_ _5\"/>\u00e8s liqui<span class=\"_ _5\"/>des<span class=\"_ _5\"/>, qui sont f<span class=\"_ _5\"/>acile<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>nver<span class=\"_ _5\"/>tible<span class=\"_ _5\"/>s en un mo<span class=\"_ _5\"/>ntant co<span class=\"_ _5\"/>nnu de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e, et qui s<span class=\"_ _5\"/>ont so<span class=\"_ _5\"/>umis \u00e0 un</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ris<span class=\"_ _5\"/>que n\u00e9<span class=\"_ _5\"/>gligeab<span class=\"_ _5\"/>le de chan<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le c<span class=\"_ _5\"/>adre d<span class=\"_ _5\"/>e la d\u00e9te<span class=\"_ _5\"/>rminat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s, l<span class=\"_ _5\"/>a tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie et le<span class=\"_ _5\"/>s \u00e9qui<span class=\"_ _5\"/>valent<span class=\"_ _5\"/>s de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>rer<span class=\"_ _5\"/>ie consis<span class=\"_ _5\"/>tent e<span class=\"_ _5\"/>n les liqu<span class=\"_ _5\"/>idit\u00e9s e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les d<span class=\"_ _5\"/>\u00e9p\u00f4t<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me, com<span class=\"_ _5\"/>me d\u00e9f<span class=\"_ _5\"/>ini pl<span class=\"_ _5\"/>us haut<span class=\"_ _5\"/>, net<span class=\"_ _5\"/>s des d<span class=\"_ _5\"/>\u00e9couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ba<span class=\"_ _5\"/>ncai<span class=\"_ _5\"/>res.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 192px; height: 125px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 hb y5b ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s d\u00e9riv\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ut<span class=\"_ _5\"/>ilise d<span class=\"_ _5\"/>es ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs d\u00e9r<span class=\"_ _5\"/>iv\u00e9<span class=\"_ _5\"/>s pour cou<span class=\"_ _5\"/>vri<span class=\"_ _5\"/>r son ex<span class=\"_ _5\"/>posi<span class=\"_ _5\"/>tion au<span class=\"_ _5\"/>x ris<span class=\"_ _5\"/>ques de c<span class=\"_ _5\"/>hange d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>ant des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>nnelle<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>i\u00e8re<span class=\"_ _5\"/>s. Con<span class=\"_ _5\"/>form<span class=\"_ _5\"/>\u00e9ment \u00e0 s<span class=\"_ _5\"/>a poli<span class=\"_ _5\"/>tique d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie, bp<span class=\"_ _5\"/>ost n<span class=\"_ _5\"/>e d\u00e9ti<span class=\"_ _5\"/>ent pas o<span class=\"_ _5\"/>u n\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>met pa<span class=\"_ _5\"/>s d\u2019ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs d\u00e9<span class=\"_ _5\"/>riv\u00e9<span class=\"_ _5\"/>s \u00e0 des f<span class=\"_ _5\"/>ins</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">commerciales.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s d\u00e9ri<span class=\"_ _5\"/>v\u00e9s s<span class=\"_ _5\"/>ont init<span class=\"_ _5\"/>ialeme<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s \u00e0 leu<span class=\"_ _5\"/>r juste v<span class=\"_ _5\"/>aleur \u00e0 la d<span class=\"_ _5\"/>ate de concl<span class=\"_ _5\"/>usion du co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t et \u00e9va<span class=\"_ _5\"/>lu\u00e9s pa<span class=\"_ _5\"/>r ult\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rie<span class=\"_ _5\"/>urem<span class=\"_ _5\"/>ent \u00e0 leur j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur \u00e0 la f<span class=\"_ _5\"/>in de ch<span class=\"_ _5\"/>aque p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de de re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ting<span class=\"_ _5\"/>. D\u00e9p<span class=\"_ _5\"/>endan<span class=\"_ _5\"/>t de l\u2019<span class=\"_ _d\"/>ap<span class=\"_ _5\"/>plica<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>a compta<span class=\"_ _5\"/>bilit\u00e9 de co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e ou non</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(voir ci \u2013 d<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>ous), tout gai<span class=\"_ _5\"/>n ou per<span class=\"_ _5\"/>te r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ant de la r\u00e9<span class=\"_ _5\"/>\u00e9val<span class=\"_ _5\"/>uation d<span class=\"_ _5\"/>e l\u2019ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er d\u00e9r<span class=\"_ _5\"/>iv\u00e9 es<span class=\"_ _5\"/>t soi<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 direc<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent dans le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aut<span class=\"_ _5\"/>res \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t global o<span class=\"_ _5\"/>u dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 207px; height: 155px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 hb y66 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Comptabilit\u00e9 de<span class=\"_ _d\"/> couverture</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>signe ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tains in<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>re, qui com<span class=\"_ _5\"/>prenn<span class=\"_ _5\"/>ent les i<span class=\"_ _5\"/>nstr<span class=\"_ _5\"/>ume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>\u00e9riv<span class=\"_ _5\"/>\u00e9s et no<span class=\"_ _5\"/>n d\u00e9r<span class=\"_ _5\"/>iv\u00e9s re<span class=\"_ _5\"/>latif<span class=\"_ _5\"/>s au ris<span class=\"_ _5\"/>que de c<span class=\"_ _5\"/>hange et</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">au r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e taux d'i<span class=\"_ _5\"/>nt\u00e9r\u00eat<span class=\"_ _5\"/>, comm<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>res d'inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s ne<span class=\"_ _5\"/>ts dan<span class=\"_ _5\"/>s des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s et au<span class=\"_ _5\"/>x couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>res de f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">respectivement.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 102px; height: 80px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A la cr\u00e9<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la relat<span class=\"_ _5\"/>ion de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t docu<span class=\"_ _5\"/>mente la r<span class=\"_ _5\"/>elati<span class=\"_ _5\"/>on entr<span class=\"_ _5\"/>e l\u2019ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture e<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>\u00e9l<span class=\"_ _5\"/>\u00e9ment co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>, ainsi qu<span class=\"_ _5\"/>e sa ges<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n des r<span class=\"_ _5\"/>isque<span class=\"_ _5\"/>s et sa s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>at\u00e9gie d<span class=\"_ _5\"/>e ces dive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>ns de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>. De plus<span class=\"_ _5\"/>, \u00e0 la cr\u00e9at<span class=\"_ _5\"/>ion de la co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e et de f<span class=\"_ _5\"/>a\u00e7on cont<span class=\"_ _5\"/>inue, b<span class=\"_ _5\"/>post</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">document<span class=\"_ _d\"/>e et \u00e9value<span class=\"_ _d\"/> l'<span class=\"_ _d\"/>efficacit\u00e9 des instruments d\u00e9riv\u00e9s.</div>\n<div class=\"t m0 x5 h7 ya9 ff7 fs3 fc2 sc0 ls40 ws62\" style=\"z-index: 15;\">Couverture de flux de tr\u00e9sorerie</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie eff<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ace des v<span class=\"_ _5\"/>ariat<span class=\"_ _5\"/>ions de l<span class=\"_ _5\"/>a juste v<span class=\"_ _5\"/>aleur de<span class=\"_ _5\"/>s ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s d\u00e9r<span class=\"_ _5\"/>iv\u00e9s d\u00e9<span class=\"_ _5\"/>sign<span class=\"_ _5\"/>\u00e9e et qua<span class=\"_ _5\"/>lifi<span class=\"_ _5\"/>\u00e9e comm<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure de f<span class=\"_ _5\"/>lux de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e est</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e da<span class=\"_ _5\"/>ns les au<span class=\"_ _5\"/>tres \u00e9<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>nts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al et cumu<span class=\"_ _5\"/>l\u00e9e dans l<span class=\"_ _5\"/>a rubr<span class=\"_ _5\"/>ique de<span class=\"_ _5\"/>s r\u00e9s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ves d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure de f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e. Le</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prof<span class=\"_ _5\"/>it ou l<span class=\"_ _5\"/>a per<span class=\"_ _5\"/>te li\u00e9 \u00e0 l<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie in<span class=\"_ _5\"/>eff<span class=\"_ _5\"/>icace e<span class=\"_ _5\"/>st imm<span class=\"_ _5\"/>\u00e9diate<span class=\"_ _5\"/>ment com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9 en r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nts p<span class=\"_ _5\"/>r\u00e9c\u00e9<span class=\"_ _5\"/>demme<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dan<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res \u00e9<span class=\"_ _5\"/>l\u00e9men<span class=\"_ _5\"/>ts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at globa<span class=\"_ _5\"/>l et accum<span class=\"_ _5\"/>ul\u00e9s dan<span class=\"_ _5\"/>s les ca<span class=\"_ _5\"/>pitau<span class=\"_ _5\"/>x prop<span class=\"_ _5\"/>res so<span class=\"_ _5\"/>nt rec<span class=\"_ _5\"/>las-</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s\u00e9<span class=\"_ _5\"/>s en r\u00e9s<span class=\"_ _5\"/>ultat n<span class=\"_ _5\"/>et lor<span class=\"_ _5\"/>sque l'\u00e9l\u00e9m<span class=\"_ _5\"/>ent cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>t affe<span class=\"_ _5\"/>cte le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at net<span class=\"_ _5\"/>, \u00e0 l\u2019ins<span class=\"_ _5\"/>tar de l'\u00e9l\u00e9<span class=\"_ _5\"/>ment cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>t comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9.</div>\n<div class=\"t m0 x5 h8 yb1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilit\u00e9 de co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e s\u2019<span class=\"_ _d\"/>ar<span class=\"_ _5\"/>r\u00eate lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>a relat<span class=\"_ _5\"/>ion de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture e<span class=\"_ _5\"/>st r\u00e9<span class=\"_ _5\"/>voqu\u00e9<span class=\"_ _5\"/>e par bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, lor<span class=\"_ _5\"/>sque l'ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure exp<span class=\"_ _5\"/>ire ou</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t vend<span class=\"_ _5\"/>u, r\u00e9sil<span class=\"_ _5\"/>i\u00e9 ou exe<span class=\"_ _5\"/>rc\u00e9, ou lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>u'<span class=\"_ _d\"/>elle n'es<span class=\"_ _5\"/>t plus qual<span class=\"_ _5\"/>ifi\u00e9<span class=\"_ _5\"/>e de comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>it\u00e9 de couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ture. Tout gain o<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>te comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 dan<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal e<span class=\"_ _5\"/>t accumul\u00e9 da<span class=\"_ _5\"/>ns les c<span class=\"_ _5\"/>apit<span class=\"_ _5\"/>aux pro<span class=\"_ _5\"/>pres d<span class=\"_ _5\"/>emeu<span class=\"_ _5\"/>re dans le<span class=\"_ _5\"/>s fonds p<span class=\"_ _5\"/>ropr<span class=\"_ _5\"/>es et e<span class=\"_ _5\"/>st comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>a tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 yb4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00e9<span class=\"_ _5\"/>vue es<span class=\"_ _5\"/>t f<span class=\"_ _5\"/>inalem<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e e<span class=\"_ _5\"/>n r\u00e9sul<span class=\"_ _5\"/>tat. L<span class=\"_ _5\"/>ors<span class=\"_ _5\"/>qu\u2019il s\u2019av\u00e8re que l<span class=\"_ _5\"/>a tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion p<span class=\"_ _5\"/>r\u00e9vu<span class=\"_ _5\"/>e ne se r\u00e9<span class=\"_ _5\"/>alise<span class=\"_ _5\"/>ra pas<span class=\"_ _5\"/>, le gain o<span class=\"_ _5\"/>u la per<span class=\"_ _5\"/>te cu<span class=\"_ _5\"/>mul\u00e9 es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">imm\u00e9dia<span class=\"_ _d\"/>tement c<span class=\"_ _d\"/>omptabilis\u00e9<span class=\"_ _d\"/> en r\u00e9sultat.</div>\n<div class=\"t m0 x5 h7 y204 ff7 fs3 fc2 sc0 ls0 ws4a\" style=\"z-index: 15;\">Cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture d\u2019i<span class=\"_ _5\"/>nvest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts net<span class=\"_ _5\"/>s dans de<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les \u00e9tr<span class=\"_ _5\"/>ang\u00e8<span class=\"_ _5\"/>res</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>es d'inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>s dan<span class=\"_ _5\"/>s des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s sont co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>es de l<span class=\"_ _5\"/>a m\u00eame ma<span class=\"_ _5\"/>ni\u00e8re qu<span class=\"_ _5\"/>e les cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>s de f<span class=\"_ _5\"/>lux de</div>\n<div class=\"t m0 x5 h8 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>. T<span class=\"_ _1\"/>out g<span class=\"_ _5\"/>ain ou pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te sur l'ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment de co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e relat<span class=\"_ _5\"/>if \u00e0 la par<span class=\"_ _5\"/>tie e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure es<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 dans le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s \u00e9l\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y208 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>ts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at globa<span class=\"_ _5\"/>l et cumul<span class=\"_ _5\"/>\u00e9 sous la r<span class=\"_ _5\"/>ubr<span class=\"_ _5\"/>ique \u00abr\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion\u00bb. Le pr<span class=\"_ _5\"/>ofi<span class=\"_ _5\"/>t ou la per<span class=\"_ _5\"/>te l<span class=\"_ _5\"/>i\u00e9 \u00e0 la par<span class=\"_ _5\"/>tie i<span class=\"_ _5\"/>neff<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>ce est i<span class=\"_ _5\"/>mm\u00e9dia<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y209 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">com<span class=\"_ _d\"/>ptabil<span class=\"_ _d\"/>is\u00e9 en<span class=\"_ _d\"/> r\u00e9su<span class=\"_ _d\"/>ltat.</div>\n<div class=\"t m0 x5 h8 y20b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains et l<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s sur l'ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>re relat<span class=\"_ _5\"/>ifs \u00e0 la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie eff<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ace de la cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture a<span class=\"_ _5\"/>ccumul\u00e9<span class=\"_ _5\"/>e dans la r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion</div>\n<div class=\"t m0 x5 h8 y3ce ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t recla<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>\u00e9s en r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t lors de l<span class=\"_ _5\"/>a cess<span class=\"_ _5\"/>ion de la f<span class=\"_ _5\"/>iliale \u00e9<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>ng\u00e8re.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 657px; height: 425px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag401": {
   "value": "\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y8b ff5 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Frais d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>ats</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise com<span class=\"_ _5\"/>me ac<span class=\"_ _5\"/>tif les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s diff\u00e9re<span class=\"_ _5\"/>ntie<span class=\"_ _5\"/>ls po<span class=\"_ _5\"/>ur obten<span class=\"_ _5\"/>ir un contr<span class=\"_ _5\"/>at et po<span class=\"_ _5\"/>ur ex\u00e9<span class=\"_ _5\"/>cuter un co<span class=\"_ _5\"/>ntrat s<span class=\"_ _5\"/>i bpos<span class=\"_ _5\"/>t pr\u00e9v<span class=\"_ _5\"/>oit de le<span class=\"_ _5\"/>s r\u00e9cup<span class=\"_ _5\"/>\u00e9rer.</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Si le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s nor<span class=\"_ _5\"/>mes ne s<span class=\"_ _5\"/>ont pa<span class=\"_ _5\"/>s applic<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s, se<span class=\"_ _5\"/>uls le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s direc<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent li\u00e9<span class=\"_ _5\"/>s \u00e0 l'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>\u00e9cuti<span class=\"_ _5\"/>on d'un cont<span class=\"_ _5\"/>rat rel<span class=\"_ _5\"/>evant d<span class=\"_ _5\"/>e l'IFRS 1<span class=\"_ _5\"/>5 sont a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>iv\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019\u00e9valu<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e ces cri<span class=\"_ _5\"/>t\u00e8res n<span class=\"_ _5\"/>\u00e9ces<span class=\"_ _5\"/>site un j<span class=\"_ _5\"/>ugemen<span class=\"_ _5\"/>t de la dire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>iv\u00e9s s<span class=\"_ _5\"/>ont pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t li\u00e9s \u00e0 la mi<span class=\"_ _5\"/>se en pl<span class=\"_ _5\"/>ace et \u00e0 l'adapt<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des s<span class=\"_ _5\"/>yst\u00e8<span class=\"_ _5\"/>mes<span class=\"_ _5\"/>, \u00e0 la ges<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e proje<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>, \u00e0 la for<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>n et aux co<span class=\"_ _5\"/>m-</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mis<span class=\"_ _5\"/>sions d<span class=\"_ _5\"/>e vente p<span class=\"_ _5\"/>our les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ue et de f<span class=\"_ _5\"/>ulfi<span class=\"_ _5\"/>lment<span class=\"_ _5\"/>, ainsi qu<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ux se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e back \u2013 off<span class=\"_ _5\"/>ice, d<span class=\"_ _5\"/>e proxim<span class=\"_ _5\"/>it\u00e9 et comm<span class=\"_ _5\"/>odit\u00e9<span class=\"_ _5\"/>. Les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>s sur la dur\u00e9<span class=\"_ _5\"/>e pr\u00e9<span class=\"_ _5\"/>vue du con<span class=\"_ _5\"/>trat ave<span class=\"_ _5\"/>c le clie<span class=\"_ _5\"/>nt.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 732px; height: 140px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 732px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForCustomerAcquisitionCostsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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  "Tag392": {
   "value": "\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y5d ff7 fs6 fc3 sc0 ls1e ws6a\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r\u00e9sorerie et <span class=\"_ _d\"/>\u00e9quivalents de <span class=\"_ _d\"/>tr\u00e9sorerie</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te r<span class=\"_ _5\"/>ubriq<span class=\"_ _5\"/>ue inclu<span class=\"_ _5\"/>t les vale<span class=\"_ _5\"/>urs di<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>ibles e<span class=\"_ _5\"/>n cais<span class=\"_ _5\"/>se, en b<span class=\"_ _5\"/>anque<span class=\"_ _5\"/>, les vale<span class=\"_ _5\"/>urs \u00e0 l\u2019enc<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt, le<span class=\"_ _5\"/>s placem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me (avec une</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9ch<span class=\"_ _5\"/>\u00e9ance in<span class=\"_ _5\"/>itiale de 3 m<span class=\"_ _5\"/>ois au pl<span class=\"_ _5\"/>us)<span class=\"_ _d\"/>, tr<span class=\"_ _5\"/>\u00e8s liqui<span class=\"_ _5\"/>des<span class=\"_ _5\"/>, qui sont f<span class=\"_ _5\"/>acile<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>nver<span class=\"_ _5\"/>tible<span class=\"_ _5\"/>s en un mo<span class=\"_ _5\"/>ntant co<span class=\"_ _5\"/>nnu de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e, et qui s<span class=\"_ _5\"/>ont so<span class=\"_ _5\"/>umis \u00e0 un</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ris<span class=\"_ _5\"/>que n\u00e9<span class=\"_ _5\"/>gligeab<span class=\"_ _5\"/>le de chan<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t de vale<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le c<span class=\"_ _5\"/>adre d<span class=\"_ _5\"/>e la d\u00e9te<span class=\"_ _5\"/>rminat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie con<span class=\"_ _5\"/>solid<span class=\"_ _5\"/>\u00e9s, l<span class=\"_ _5\"/>a tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie et le<span class=\"_ _5\"/>s \u00e9qui<span class=\"_ _5\"/>valent<span class=\"_ _5\"/>s de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>rer<span class=\"_ _5\"/>ie consis<span class=\"_ _5\"/>tent e<span class=\"_ _5\"/>n les liqu<span class=\"_ _5\"/>idit\u00e9s e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les d<span class=\"_ _5\"/>\u00e9p\u00f4t<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me, com<span class=\"_ _5\"/>me d\u00e9f<span class=\"_ _5\"/>ini pl<span class=\"_ _5\"/>us haut<span class=\"_ _5\"/>, net<span class=\"_ _5\"/>s des d<span class=\"_ _5\"/>\u00e9couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ba<span class=\"_ _5\"/>ncai<span class=\"_ _5\"/>res.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 192px; height: 125px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 192px; height: 125px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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  "Tag183": {
   "value": "\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls36 ws3e\" style=\"z-index: 15;\">Capital</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">Les a<span class=\"_ _d\"/>ctions or<span class=\"_ _d\"/>dina<span class=\"_ _d\"/>ires<span class=\"_ _d\"/> sont c<span class=\"_ _d\"/>lass\u00e9es sou<span class=\"_ _d\"/>s la<span class=\"_ _d\"/> rubrique<span class=\"_ _1\"/> \u201ccapita<span class=\"_ _d\"/>l sousc<span class=\"_ _d\"/>rit\u201d<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions pr<span class=\"_ _5\"/>opre<span class=\"_ _5\"/>s sont d\u00e9<span class=\"_ _5\"/>duite<span class=\"_ _5\"/>s des fo<span class=\"_ _5\"/>nds pro<span class=\"_ _5\"/>pres<span class=\"_ _5\"/>. Les m<span class=\"_ _5\"/>ouve<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s sur ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns prop<span class=\"_ _5\"/>res n\u2019affec<span class=\"_ _5\"/>tent p<span class=\"_ _5\"/>as le compte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">Les a<span class=\"_ _d\"/>utres r<span class=\"_ _d\"/>\u00e9ser<span class=\"_ _5\"/>v<span class=\"_ _d\"/>es engl<span class=\"_ _d\"/>obent<span class=\"_ _d\"/> les r<span class=\"_ _d\"/>\u00e9sulta<span class=\"_ _d\"/>ts des ex<span class=\"_ _d\"/>ercic<span class=\"_ _d\"/>es ant<span class=\"_ _d\"/>\u00e9rieurs,<span class=\"_ _d\"/> les r<span class=\"_ _d\"/>\u00e9ser<span class=\"_ _5\"/>ves<span class=\"_ _d\"/> l\u00e9ga<span class=\"_ _d\"/>les et<span class=\"_ _d\"/> les r<span class=\"_ _d\"/>\u00e9ser<span class=\"_ _5\"/>ves<span class=\"_ _d\"/> con<span class=\"_ _d\"/>solid\u00e9es.</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats r<span class=\"_ _5\"/>epor<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>s inclu<span class=\"_ _5\"/>ent le r\u00e9<span class=\"_ _5\"/>sultat d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>exe<span class=\"_ _5\"/>rcice e<span class=\"_ _5\"/>n cours com<span class=\"_ _5\"/>me men<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>\u00e9 dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 942px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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  "Tag175": {
   "value": "\n<div class=\"t m0 x5 hb yee ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Avant<span class=\"_ _5\"/>ages au per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el</div>\n<div class=\"t m0 x5 h7 y8a ff7 fs3 fc2 sc0 ls0 ws4a\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s <span class=\"_ _d\"/>\u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les av<span class=\"_ _5\"/>anta<span class=\"_ _5\"/>ges \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s lor<span class=\"_ _5\"/>squ\u2019un e<span class=\"_ _5\"/>mploy\u00e9 a re<span class=\"_ _5\"/>ndu de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces \u00e0 bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>. Les ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s non pay\u00e9<span class=\"_ _5\"/>s \u00e0 la date de cl<span class=\"_ _5\"/>\u00f4ture</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t repr<span class=\"_ _5\"/>is sou<span class=\"_ _5\"/>s la rub<span class=\"_ _5\"/>rique \u201c<span class=\"_ _5\"/>Det<span class=\"_ _5\"/>tes com<span class=\"_ _5\"/>mercia<span class=\"_ _5\"/>les et a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes\u201d<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h7 y8e ff7 fs3 fc2 sc0 ls0 ws4a\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s <span class=\"_ _d\"/>p<span class=\"_ _5\"/>ost\u00e9<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>urs \u00e0 l\u2019<span class=\"_ _d\"/>em<span class=\"_ _5\"/>plo<span class=\"_ _5\"/>i <span class=\"_ _d\"/></div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les av<span class=\"_ _5\"/>anta<span class=\"_ _5\"/>ges pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s \u00e0 l\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>loi font l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bjet d\u2019une \u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle e<span class=\"_ _5\"/>t sont p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>s (sous d\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du plan) dans l<span class=\"_ _5\"/>a</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">me<span class=\"_ _5\"/>sure o\u00f9 bp<span class=\"_ _5\"/>ost a u<span class=\"_ _5\"/>ne oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>enco<span class=\"_ _5\"/>urir de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s rela<span class=\"_ _5\"/>tifs \u00e0 ce<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te oblig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n peut \u00ea<span class=\"_ _5\"/>tre l\u00e9g<span class=\"_ _5\"/>ale, cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle, ou con<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>e (\u201cdroit<span class=\"_ _5\"/>s conf\u00e9r<span class=\"_ _5\"/>\u00e9s\u201d sur b<span class=\"_ _5\"/>ase d\u2019une p<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>que pas<span class=\"_ _5\"/>s\u00e9<span class=\"_ _5\"/>e<span class=\"_ _d\"/>).</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En app<span class=\"_ _5\"/>licat<span class=\"_ _5\"/>ion de ce<span class=\"_ _5\"/>s princ<span class=\"_ _5\"/>ipes<span class=\"_ _5\"/>, une pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>n (calcul\u00e9<span class=\"_ _5\"/>e selo<span class=\"_ _5\"/>n une m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e ac<span class=\"_ _5\"/>tuari<span class=\"_ _5\"/>elle f<span class=\"_ _5\"/>ix\u00e9e pa<span class=\"_ _5\"/>r les nor<span class=\"_ _5\"/>mes I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9) est co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>itu\u00e9<span class=\"_ _5\"/>e dans le</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ca<span class=\"_ _5\"/>dre des av<span class=\"_ _5\"/>antag<span class=\"_ _5\"/>es pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s \u00e0 l\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>loi, en v<span class=\"_ _5\"/>ue de couv<span class=\"_ _5\"/>rir<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>les co<span class=\"_ _5\"/>\u00fbts f<span class=\"_ _5\"/>utur<span class=\"_ _5\"/>s relat<span class=\"_ _5\"/>ifs au<span class=\"_ _5\"/>x retr<span class=\"_ _5\"/>ait\u00e9<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>uels (<span class=\"_ _5\"/>provis<span class=\"_ _5\"/>ion rep<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>nt 100 % de<span class=\"_ _5\"/>s futur<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>s de ces r<span class=\"_ _5\"/>etra<span class=\"_ _5\"/>it\u00e9s) ;</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>les co<span class=\"_ _5\"/>\u00fbts f<span class=\"_ _5\"/>utur<span class=\"_ _5\"/>s des re<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>it\u00e9s po<span class=\"_ _5\"/>tentie<span class=\"_ _5\"/>ls, e<span class=\"_ _5\"/>st<span class=\"_ _5\"/>im\u00e9s s<span class=\"_ _5\"/>ur base d<span class=\"_ _5\"/>es emp<span class=\"_ _5\"/>loy\u00e9s ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt en se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice et te<span class=\"_ _5\"/>nant comp<span class=\"_ _5\"/>te du ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice accum<span class=\"_ _5\"/>ul\u00e9 de</div>\n<div class=\"t m0 x2a h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ces e<span class=\"_ _5\"/>mploy\u00e9<span class=\"_ _5\"/>s \u00e0 chaque d<span class=\"_ _5\"/>ate de cl\u00f4tu<span class=\"_ _5\"/>re et de la p<span class=\"_ _5\"/>robab<span class=\"_ _5\"/>ilit\u00e9 que le p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l atte<span class=\"_ _5\"/>igne l\u2019\u00e2ge vo<span class=\"_ _5\"/>ulu pour o<span class=\"_ _5\"/>btenir le<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages (l<span class=\"_ _5\"/>a provi<span class=\"_ _5\"/>sion es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x2a h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cons<span class=\"_ _5\"/>titu<span class=\"_ _5\"/>\u00e9e pro<span class=\"_ _5\"/>gres<span class=\"_ _5\"/>sive<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>, au fur e<span class=\"_ _5\"/>t \u00e0 mesu<span class=\"_ _5\"/>re que le<span class=\"_ _5\"/>s membr<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel av<span class=\"_ _5\"/>ancent d<span class=\"_ _5\"/>ans leur c<span class=\"_ _5\"/>arr<span class=\"_ _5\"/>i\u00e8re p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lle).</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>\u00e9\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>ns, com<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es de g<span class=\"_ _5\"/>ains et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tua<span class=\"_ _5\"/>riel<span class=\"_ _5\"/>s sont d<span class=\"_ _5\"/>irec<span class=\"_ _5\"/>teme<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9es d<span class=\"_ _5\"/>ans le bila<span class=\"_ _5\"/>n avec un d\u00e9<span class=\"_ _5\"/>bit ou un c<span class=\"_ _5\"/>r\u00e9dit co<span class=\"_ _5\"/>rre<span class=\"_ _5\"/>s-</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pon<span class=\"_ _5\"/>dant \u00e0 tr<span class=\"_ _5\"/>aver<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res \u00e9l<span class=\"_ _5\"/>\u00e9ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>at global d<span class=\"_ _5\"/>ans la p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de dura<span class=\"_ _5\"/>nt laque<span class=\"_ _5\"/>lle elle<span class=\"_ _5\"/>s se pro<span class=\"_ _5\"/>duis<span class=\"_ _5\"/>ent. L<span class=\"_ _5\"/>es r\u00e9\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ions n<span class=\"_ _5\"/>e sont pa<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rec<span class=\"_ _5\"/>lass<span class=\"_ _5\"/>\u00e9e<span class=\"_ _5\"/>s dans le com<span class=\"_ _5\"/>pte de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s dans l<span class=\"_ _5\"/>es p\u00e9r<span class=\"_ _5\"/>iod<span class=\"_ _5\"/>es ult\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>con<span class=\"_ _5\"/>cerna<span class=\"_ _5\"/>nt le tau<span class=\"_ _5\"/>x d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on, le ta<span class=\"_ _5\"/>ux de mo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>alit\u00e9, l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avanta<span class=\"_ _5\"/>ges fu<span class=\"_ _5\"/>turs<span class=\"_ _5\"/>, l\u2019inf<span class=\"_ _5\"/>latio<span class=\"_ _5\"/>n, etc<span class=\"_ _5\"/>.) sont</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s pour \u00e9<span class=\"_ _5\"/>value<span class=\"_ _5\"/>r les ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons li\u00e9<span class=\"_ _5\"/>es aux a<span class=\"_ _5\"/>vanta<span class=\"_ _5\"/>ges au pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>, confor<span class=\"_ _5\"/>m\u00e9m<span class=\"_ _5\"/>ent \u00e0 la no<span class=\"_ _5\"/>rme I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9. Des ga<span class=\"_ _5\"/>ins et pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s appa<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>nt in\u00e9v<span class=\"_ _5\"/>itab<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t, r\u00e9<span class=\"_ _5\"/>sultan<span class=\"_ _5\"/>t (<span class=\"_ _d\"/>1) des v<span class=\"_ _5\"/>ariat<span class=\"_ _5\"/>ions da<span class=\"_ _5\"/>ns les hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>uarie<span class=\"_ _5\"/>lles d\u2019un e<span class=\"_ _5\"/>xercice \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>utre, e<span class=\"_ _5\"/>t (2) des \u00e9<span class=\"_ _5\"/>car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s entre l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9e<span class=\"_ _5\"/>ls et l<span class=\"_ _5\"/>es hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses a<span class=\"_ _5\"/>ctua<span class=\"_ _5\"/>riell<span class=\"_ _5\"/>es util<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion IA<span class=\"_ _5\"/>S 19.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ca<span class=\"_ _5\"/>lcul de l\u2019oblig<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9 suiv<span class=\"_ _5\"/>ant la m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>de des un<span class=\"_ _5\"/>it\u00e9s de c<span class=\"_ _5\"/>r\u00e9dit p<span class=\"_ _5\"/>rojet\u00e9<span class=\"_ _5\"/>es<span class=\"_ _5\"/>. Chaqu<span class=\"_ _5\"/>e ann\u00e9e d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice conf\u00e8r<span class=\"_ _5\"/>e le droit \u00e0 u<span class=\"_ _5\"/>ne unit\u00e9</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de cr<span class=\"_ _5\"/>\u00e9dit sup<span class=\"_ _5\"/>pl\u00e9me<span class=\"_ _5\"/>ntair<span class=\"_ _5\"/>e \u00e0 pren<span class=\"_ _5\"/>dre en con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n lors de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xerc<span class=\"_ _5\"/>ice d\u2019<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>aluati<span class=\"_ _5\"/>on des av<span class=\"_ _5\"/>antage<span class=\"_ _5\"/>s et ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons y aff\u00e9<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>. Le ta<span class=\"_ _5\"/>ux d\u2019actu<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lis<span class=\"_ _5\"/>ation u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9 corre<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>d au ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt d\u2019<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons d\u2019entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses de h<span class=\"_ _5\"/>aute qual<span class=\"_ _5\"/>it\u00e9 ou sur ba<span class=\"_ _5\"/>se d\u2019oblig<span class=\"_ _5\"/>ations g<span class=\"_ _5\"/>ouver<span class=\"_ _5\"/>nem<span class=\"_ _5\"/>ental<span class=\"_ _5\"/>es avec u<span class=\"_ _5\"/>ne</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">matur<span class=\"_ _5\"/>it\u00e9 simi<span class=\"_ _5\"/>laire \u00e0 cell<span class=\"_ _5\"/>e de l\u2019avantag<span class=\"_ _5\"/>e en ques<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>lans b<span class=\"_ _5\"/>elges \u00e0 cot<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>es avec u<span class=\"_ _5\"/>n rend<span class=\"_ _5\"/>ement l<span class=\"_ _5\"/>\u00e9gal min<span class=\"_ _5\"/>imum gar<span class=\"_ _5\"/>anti s<span class=\"_ _5\"/>ont \u00e9va<span class=\"_ _5\"/>lu\u00e9s s<span class=\"_ _5\"/>elon la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de de<span class=\"_ _5\"/>s unit\u00e9s d<span class=\"_ _5\"/>e cr\u00e9di<span class=\"_ _5\"/>t proje<span class=\"_ _5\"/>t\u00e9es</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">san<span class=\"_ _5\"/>s proje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s prim<span class=\"_ _5\"/>es fut<span class=\"_ _5\"/>ures<span class=\"_ _5\"/>. \u00c9tant do<span class=\"_ _5\"/>nn\u00e9 que le<span class=\"_ _5\"/>s plan<span class=\"_ _5\"/>s n<span class=\"_ _d\"/>'accor<span class=\"_ _5\"/>dent pas d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s qui entr<span class=\"_ _5\"/>a\u00eene<span class=\"_ _5\"/>ront un ni<span class=\"_ _5\"/>veau d'avant<span class=\"_ _5\"/>ages su<span class=\"_ _5\"/>bs-</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>ment p<span class=\"_ _5\"/>lus \u00e9lev<span class=\"_ _5\"/>\u00e9 en rais<span class=\"_ _5\"/>on du s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice de l'em<span class=\"_ _5\"/>ploy\u00e9 au cour<span class=\"_ _5\"/>s des a<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s ult\u00e9r<span class=\"_ _5\"/>ieure<span class=\"_ _5\"/>s, c'es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire que l<span class=\"_ _5\"/>es contr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ions n\u2019augme<span class=\"_ _5\"/>n-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tent p<span class=\"_ _5\"/>as avec l\u2019\u00e2ge, l<span class=\"_ _5\"/>e prin<span class=\"_ _5\"/>cipe de ba<span class=\"_ _5\"/>se lin<span class=\"_ _5\"/>\u00e9aire n'est pa<span class=\"_ _5\"/>s appli<span class=\"_ _5\"/>cable<span class=\"_ _5\"/>. La m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>ologi<span class=\"_ _5\"/>e appliq<span class=\"_ _5\"/>u\u00e9e sig<span class=\"_ _5\"/>nifi<span class=\"_ _5\"/>e que les r<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ves l\u00e9g<span class=\"_ _5\"/>ales min<span class=\"_ _5\"/>imales</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>les so<span class=\"_ _5\"/>nt proje<span class=\"_ _5\"/>t\u00e9es e<span class=\"_ _5\"/>n ver<span class=\"_ _5\"/>tu de la l<span class=\"_ _5\"/>\u00e9gisl<span class=\"_ _5\"/>ation b<span class=\"_ _5\"/>elge jus<span class=\"_ _5\"/>qu'\u00e0 l'\u00e2ge pr\u00e9<span class=\"_ _5\"/>sum\u00e9 de la r<span class=\"_ _5\"/>etr<span class=\"_ _5\"/>aite et s<span class=\"_ _5\"/>ont ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>en r<span class=\"_ _5\"/>esp<span class=\"_ _5\"/>ect<span class=\"_ _5\"/>ant la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cale / ho<span class=\"_ _5\"/>rizon<span class=\"_ _5\"/>tale et l<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x minimum<span class=\"_ _5\"/>s l\u00e9gau<span class=\"_ _5\"/>x pas<span class=\"_ _5\"/>s\u00e9s cr<span class=\"_ _5\"/>\u00e9dit\u00e9<span class=\"_ _5\"/>s sur les r<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ves l\u00e9g<span class=\"_ _5\"/>ales min<span class=\"_ _5\"/>imales). Le par<span class=\"_ _5\"/>agr<span class=\"_ _5\"/>aphe 11<span class=\"_ _5\"/>5 de la no<span class=\"_ _5\"/>rme I<span class=\"_ _5\"/>AS</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">19 a \u00e9t<span class=\"_ _5\"/>\u00e9 appliq<span class=\"_ _5\"/>u\u00e9 car le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce colle<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ve sont q<span class=\"_ _5\"/>ualif<span class=\"_ _5\"/>i\u00e9s de co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce. L<span class=\"_ _1\"/>'obliga<span class=\"_ _5\"/>tion in<span class=\"_ _5\"/>divid<span class=\"_ _5\"/>uelle c<span class=\"_ _5\"/>alcul\u00e9<span class=\"_ _5\"/>e au titr<span class=\"_ _5\"/>e des</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pre<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>inies n<span class=\"_ _5\"/>e peut p<span class=\"_ _5\"/>as \u00eatr<span class=\"_ _5\"/>e inf\u00e9r<span class=\"_ _5\"/>ieure \u00e0 la j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur ind<span class=\"_ _5\"/>ividu<span class=\"_ _5\"/>elle de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs du r<span class=\"_ _5\"/>\u00e9gime c<span class=\"_ _5\"/>ar en ve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>u de la l\u00e9g<span class=\"_ _5\"/>islati<span class=\"_ _5\"/>on bel<span class=\"_ _5\"/>ge, il ne pe<span class=\"_ _5\"/>ut</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">y avoir d<span class=\"_ _5\"/>e compe<span class=\"_ _5\"/>nsati<span class=\"_ _5\"/>on ent<span class=\"_ _5\"/>re une pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nne et un<span class=\"_ _5\"/>e autre<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices co<span class=\"_ _5\"/>mpre<span class=\"_ _5\"/>nnent le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s pass<span class=\"_ _5\"/>\u00e9s<span class=\"_ _5\"/>, et les g<span class=\"_ _5\"/>ains et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes as<span class=\"_ _5\"/>so<span class=\"_ _5\"/>ci\u00e9s au<span class=\"_ _5\"/>x r\u00e9du<span class=\"_ _5\"/>c-</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">tions et liquidations ponctu<span class=\"_ _5\"/>elles.</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9s r\u00e9<span class=\"_ _5\"/>sultan<span class=\"_ _5\"/>t de l\u2019amend<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>\u2019un plan ou, d<span class=\"_ _5\"/>\u2019une r\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion dev<span class=\"_ _5\"/>raie<span class=\"_ _5\"/>nt \u00eatre co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9s \u00e0 une date p<span class=\"_ _5\"/>lus pr\u00e9<span class=\"_ _5\"/>coce</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lor<span class=\"_ _5\"/>sque (1) le plan d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ame<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent ou la r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n a lieu ; et (2) l\u2019enti<span class=\"_ _5\"/>t\u00e9 recon<span class=\"_ _5\"/>na\u00eet le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s de re<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>turat<span class=\"_ _5\"/>ion en con<span class=\"_ _5\"/>form<span class=\"_ _5\"/>it\u00e9 avec I<span class=\"_ _5\"/>AS 37<span class=\"_ _d\"/>. Le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">co\u00fb<span class=\"_ _d\"/>ts des services<span class=\"_ _d\"/> pass\u00e9s son<span class=\"_ _d\"/>t co<span class=\"_ _d\"/>mptabi<span class=\"_ _d\"/>lis\u00e9s<span class=\"_ _d\"/> dans<span class=\"_ _d\"/> le c<span class=\"_ _d\"/>ompt<span class=\"_ _d\"/>e de<span class=\"_ _d\"/> r\u00e9sul<span class=\"_ _d\"/>tats.</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat n<span class=\"_ _5\"/>et es<span class=\"_ _5\"/>t calc<span class=\"_ _5\"/>ul\u00e9 en app<span class=\"_ _5\"/>liquant l<span class=\"_ _5\"/>e taux d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion au<span class=\"_ _5\"/>x pass<span class=\"_ _5\"/>ifs et a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs de<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages s<span class=\"_ _5\"/>ociau<span class=\"_ _5\"/>x d\u00e9f<span class=\"_ _5\"/>inis. L<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s d\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s sont</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">aussi comptabilis\u00e9s dans le c<span class=\"_ _d\"/>ompte de r\u00e9sultats<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les av<span class=\"_ _5\"/>oirs du p<span class=\"_ _5\"/>lan li\u00e9<span class=\"_ _5\"/>s aux avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s post<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>urs \u00e0 l\u2019emplo<span class=\"_ _5\"/>i sont \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur \u00e0 la f<span class=\"_ _5\"/>in de la p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>e, suiv<span class=\"_ _5\"/>ant la d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>tion \u00e9<span class=\"_ _5\"/>tabli<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans I<span class=\"_ _5\"/>FRS 13<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 72px; height: 845px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h7 ya5 ff7 fs3 fc2 sc0 ls0 ws4a\" style=\"z-index: 15;\">Les au<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s <span class=\"_ _d\"/>ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s \u00e0 <span class=\"_ _d\"/>lo<span class=\"_ _5\"/>ng term<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e sont \u00e9v<span class=\"_ _5\"/>alu\u00e9<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>nt une m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n ac<span class=\"_ _5\"/>tuari<span class=\"_ _5\"/>elle et de<span class=\"_ _5\"/>s prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>s sont con<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>tu\u00e9e<span class=\"_ _5\"/>s \u00e0 cet eff<span class=\"_ _5\"/>et</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(sou<span class=\"_ _5\"/>s d\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s du pla<span class=\"_ _5\"/>n<span class=\"_ _d\"/>) po<span class=\"_ _5\"/>ur aut<span class=\"_ _5\"/>ant que bp<span class=\"_ _5\"/>ost a<span class=\"_ _5\"/>it une obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de s\u2019expo<span class=\"_ _5\"/>ser au<span class=\"_ _5\"/>x co\u00fbt<span class=\"_ _5\"/>s en lien a<span class=\"_ _5\"/>vec ces av<span class=\"_ _5\"/>antage<span class=\"_ _5\"/>s. Ce<span class=\"_ _5\"/>tte o<span class=\"_ _5\"/>bliga<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n peut \u00ea<span class=\"_ _5\"/>tre l\u00e9g<span class=\"_ _5\"/>ale, con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle ou cons<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ive (\u201cdroi<span class=\"_ _5\"/>ts con<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s\u201d sur bas<span class=\"_ _5\"/>e de pr<span class=\"_ _5\"/>atique<span class=\"_ _5\"/>s du pas<span class=\"_ _5\"/>s\u00e9).</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pr<span class=\"_ _5\"/>ovisi<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>titu\u00e9<span class=\"_ _5\"/>e pour d<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s \u00e0 long ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur couv<span class=\"_ _5\"/>rir les av<span class=\"_ _5\"/>antag<span class=\"_ _5\"/>es qui ne s<span class=\"_ _5\"/>eron<span class=\"_ _5\"/>t pay\u00e9s qu<span class=\"_ _5\"/>e dans plus<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ann<span class=\"_ _5\"/>\u00e9es<span class=\"_ _5\"/>, mais qui s<span class=\"_ _5\"/>ont d\u00e9j<span class=\"_ _5\"/>\u00e0 m\u00e9ri<span class=\"_ _5\"/>t\u00e9s par l\u2019empl<span class=\"_ _5\"/>oy\u00e9 sur bas<span class=\"_ _5\"/>e de so<span class=\"_ _5\"/>n ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce rendu<span class=\"_ _5\"/>. Ici aus<span class=\"_ _5\"/>si, un<span class=\"_ _5\"/>e provi<span class=\"_ _5\"/>sion es<span class=\"_ _5\"/>t cal<span class=\"_ _5\"/>cul\u00e9e su<span class=\"_ _5\"/>ivant un<span class=\"_ _5\"/>e m\u00e9t<span class=\"_ _5\"/>hode</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle imp<span class=\"_ _5\"/>os\u00e9<span class=\"_ _5\"/>e par la no<span class=\"_ _5\"/>rme I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9.</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t calc<span class=\"_ _5\"/>ul\u00e9e comm<span class=\"_ _5\"/>e suit<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hd y8e2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Eval<span class=\"_ _5\"/>uatio<span class=\"_ _5\"/>n ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle d<span class=\"_ _5\"/>e l\u2019oblig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n sous I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9</div>\n<div class=\"t m0 x7 hd y8e3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2013  <span class=\"_ _45\"> </span>Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs d<span class=\"_ _5\"/>u plan</div>\n<div class=\"t m0 x7 hd y8e4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">= <span class=\"_ _8c\"> </span>Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n \u00e0 cons<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>uer (ou ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>f \u00e0 reco<span class=\"_ _5\"/>nna\u00ee<span class=\"_ _5\"/>tre si l<span class=\"_ _5\"/>a just<span class=\"_ _5\"/>e vale<span class=\"_ _5\"/>ur des av<span class=\"_ _5\"/>oirs d<span class=\"_ _5\"/>u plan e<span class=\"_ _5\"/>st su<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>e).</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>\u00e9\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>ns, en c<span class=\"_ _5\"/>e compr<span class=\"_ _5\"/>is les ga<span class=\"_ _5\"/>ins et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s, so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9es i<span class=\"_ _5\"/>mm\u00e9dia<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t en prof<span class=\"_ _5\"/>it ou e<span class=\"_ _5\"/>n per<span class=\"_ _5\"/>te dan<span class=\"_ _5\"/>s la p\u00e9r<span class=\"_ _5\"/>iode</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">m\u00eame.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>ielle<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>con<span class=\"_ _5\"/>cerna<span class=\"_ _5\"/>nt le tau<span class=\"_ _5\"/>x d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on, le ta<span class=\"_ _5\"/>ux de mo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>alit\u00e9, l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avanta<span class=\"_ _5\"/>ges fu<span class=\"_ _5\"/>turs<span class=\"_ _5\"/>, l\u2019inf<span class=\"_ _5\"/>latio<span class=\"_ _5\"/>n, etc<span class=\"_ _5\"/>.) sont</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s pour \u00e9<span class=\"_ _5\"/>value<span class=\"_ _5\"/>r les ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons li\u00e9<span class=\"_ _5\"/>es aux a<span class=\"_ _5\"/>vanta<span class=\"_ _5\"/>ges au pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>, confor<span class=\"_ _5\"/>m\u00e9m<span class=\"_ _5\"/>ent \u00e0 la no<span class=\"_ _5\"/>rme I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9. Des ga<span class=\"_ _5\"/>ins et pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s appa<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>nt in\u00e9v<span class=\"_ _5\"/>itab<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t, r\u00e9<span class=\"_ _5\"/>sultan<span class=\"_ _5\"/>t (<span class=\"_ _d\"/>1) des v<span class=\"_ _5\"/>ariat<span class=\"_ _5\"/>ions da<span class=\"_ _5\"/>ns les hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>uarie<span class=\"_ _5\"/>lles d\u2019un e<span class=\"_ _5\"/>xercice \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>utre, e<span class=\"_ _5\"/>t (2) des \u00e9<span class=\"_ _5\"/>car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s entre l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9e<span class=\"_ _5\"/>ls et l<span class=\"_ _5\"/>es hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>ses a<span class=\"_ _5\"/>ctua<span class=\"_ _5\"/>riell<span class=\"_ _5\"/>es util<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion IA<span class=\"_ _5\"/>S 19. Ce<span class=\"_ _5\"/>s gains e<span class=\"_ _5\"/>t per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>uarie<span class=\"_ _5\"/>ls s<span class=\"_ _5\"/>ont compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9s dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t dans le</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>te de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ca<span class=\"_ _5\"/>lcul de l\u2019oblig<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9 suiv<span class=\"_ _5\"/>ant la m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>de des un<span class=\"_ _5\"/>it\u00e9s de c<span class=\"_ _5\"/>r\u00e9dit p<span class=\"_ _5\"/>rojet\u00e9<span class=\"_ _5\"/>es<span class=\"_ _5\"/>. Chaqu<span class=\"_ _5\"/>e ann\u00e9e d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice conf\u00e8r<span class=\"_ _5\"/>e le droit \u00e0 u<span class=\"_ _5\"/>n cr\u00e9di<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">unit<span class=\"_ _5\"/>aire sup<span class=\"_ _5\"/>pl\u00e9me<span class=\"_ _5\"/>ntair<span class=\"_ _5\"/>e \u00e0 pren<span class=\"_ _5\"/>dre en con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n lors de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xerci<span class=\"_ _5\"/>ce d\u2019<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n des av<span class=\"_ _5\"/>antage<span class=\"_ _5\"/>s et ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons y aff\u00e9<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>. Le tau<span class=\"_ _5\"/>x d\u2019actu<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lis<span class=\"_ _5\"/>ation u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9 corre<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>d au ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt d\u2019<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons d\u2019entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses de h<span class=\"_ _5\"/>aute qual<span class=\"_ _5\"/>it\u00e9 ou sur ba<span class=\"_ _5\"/>se d\u2019oblig<span class=\"_ _5\"/>ations g<span class=\"_ _5\"/>ouver<span class=\"_ _5\"/>nem<span class=\"_ _5\"/>ental<span class=\"_ _5\"/>es avec u<span class=\"_ _5\"/>ne</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">matur<span class=\"_ _5\"/>it\u00e9 simi<span class=\"_ _5\"/>laire \u00e0 cell<span class=\"_ _5\"/>e de l\u2019avantag<span class=\"_ _5\"/>e en ques<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices co<span class=\"_ _5\"/>mpre<span class=\"_ _5\"/>nnent le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice pa<span class=\"_ _5\"/>ss\u00e9<span class=\"_ _5\"/>s, e<span class=\"_ _5\"/>t les gai<span class=\"_ _5\"/>ns et pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soci<span class=\"_ _5\"/>\u00e9s aux r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 lsd wsf\" style=\"z-index: 15;\">et liquidation<span class=\"_ _5\"/>s ponctu<span class=\"_ _5\"/>elles.</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9s r\u00e9<span class=\"_ _5\"/>sultan<span class=\"_ _5\"/>t de l\u2019amend<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>\u2019un plan ou, u<span class=\"_ _5\"/>ne r\u00e9du<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion dev<span class=\"_ _5\"/>raie<span class=\"_ _5\"/>nt \u00eatr<span class=\"_ _5\"/>e consid<span class=\"_ _5\"/>\u00e9r\u00e9e \u00e0 un<span class=\"_ _5\"/>e date plus p<span class=\"_ _5\"/>r\u00e9co<span class=\"_ _5\"/>ce</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lor<span class=\"_ _5\"/>sque (1) le plan d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ame<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent ou la r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n a lieu ; et (2) l\u2019enti<span class=\"_ _5\"/>t\u00e9 recon<span class=\"_ _5\"/>na\u00eet le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s de re<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>turat<span class=\"_ _5\"/>ion en con<span class=\"_ _5\"/>form<span class=\"_ _5\"/>it\u00e9 avec I<span class=\"_ _5\"/>AS 37<span class=\"_ _d\"/>. Le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">co\u00fb<span class=\"_ _d\"/>ts des services<span class=\"_ _d\"/> pass\u00e9s son<span class=\"_ _d\"/>t co<span class=\"_ _d\"/>mptabi<span class=\"_ _d\"/>lis\u00e9s<span class=\"_ _d\"/> dans<span class=\"_ _d\"/> le c<span class=\"_ _d\"/>ompt<span class=\"_ _d\"/>e de<span class=\"_ _d\"/> r\u00e9sul<span class=\"_ _d\"/>tats.</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat n<span class=\"_ _5\"/>et es<span class=\"_ _5\"/>t calc<span class=\"_ _5\"/>ul\u00e9 en app<span class=\"_ _5\"/>liquant l<span class=\"_ _5\"/>e taux d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion au<span class=\"_ _5\"/>x pass<span class=\"_ _5\"/>ifs et a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs de<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages s<span class=\"_ _5\"/>ociau<span class=\"_ _5\"/>x d\u00e9f<span class=\"_ _5\"/>inis. L<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s d\u2019in<span class=\"_ _5\"/>t\u00e9r\u00eat n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s sont</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9s da<span class=\"_ _5\"/>ns le compte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s.</div>\n\n<div class=\"t m0 x5 h7 y55 ff7 fs3 fc2 sc0 ls35 ws9\" style=\"z-index: 15;\">Indemnit\u00e9s <span class=\"_ _d\"/>de c<span class=\"_ _d\"/>essation d\u2019<span class=\"_ _1\"/>emploi</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Lor<span class=\"_ _5\"/>sque b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t met f<span class=\"_ _5\"/>in au cont<span class=\"_ _5\"/>rat d\u2019un m<span class=\"_ _5\"/>embre d<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el avant l<span class=\"_ _5\"/>a date nor<span class=\"_ _5\"/>male de s<span class=\"_ _5\"/>a retr<span class=\"_ _5\"/>aite ou lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue l\u2019<span class=\"_ _d\"/>em<span class=\"_ _5\"/>ploy\u00e9 acce<span class=\"_ _5\"/>pte volont<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t de par<span class=\"_ _5\"/>tir e<span class=\"_ _5\"/>n contre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>avant<span class=\"_ _5\"/>ages<span class=\"_ _5\"/>, une pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>n est co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>itu\u00e9<span class=\"_ _5\"/>e dans la me<span class=\"_ _5\"/>sure o<span class=\"_ _5\"/>\u00f9 il exis<span class=\"_ _5\"/>te une o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion po<span class=\"_ _5\"/>ur bpos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 387px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 387px; height: 695px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag178": {
   "value": "\n<div class=\"t m0 x5 h7 y55 ff7 fs3 fc2 sc0 ls35 ws9\" style=\"z-index: 15;\">Indemnit\u00e9s <span class=\"_ _d\"/>de c<span class=\"_ _d\"/>essation d\u2019<span class=\"_ _1\"/>emploi</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Lor<span class=\"_ _5\"/>sque b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t met f<span class=\"_ _5\"/>in au cont<span class=\"_ _5\"/>rat d\u2019un m<span class=\"_ _5\"/>embre d<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el avant l<span class=\"_ _5\"/>a date nor<span class=\"_ _5\"/>male de s<span class=\"_ _5\"/>a retr<span class=\"_ _5\"/>aite ou lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue l\u2019<span class=\"_ _d\"/>em<span class=\"_ _5\"/>ploy\u00e9 acce<span class=\"_ _5\"/>pte volont<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t de par<span class=\"_ _5\"/>tir e<span class=\"_ _5\"/>n contre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>avant<span class=\"_ _5\"/>ages<span class=\"_ _5\"/>, une pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>n est co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>itu\u00e9<span class=\"_ _5\"/>e dans la me<span class=\"_ _5\"/>sure o<span class=\"_ _5\"/>\u00f9 il exis<span class=\"_ _5\"/>te une o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion po<span class=\"_ _5\"/>ur bpos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 387px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTerminationBenefits",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag182": {
   "value": "\n<div class=\"t m0 x5 hb y5a ff7 fs6 fc3 sc0 ls36 ws3e\" style=\"z-index: 15;\">Provisions</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pr<span class=\"_ _5\"/>ovisi<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e uniq<span class=\"_ _5\"/>ueme<span class=\"_ _5\"/>nt lors<span class=\"_ _5\"/>que:</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(1) <span class=\"_ _dc\"> </span>bpo<span class=\"_ _5\"/>st a une o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion l\u00e9g<span class=\"_ _5\"/>ale ou imp<span class=\"_ _5\"/>licite d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>r des d\u00e9<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>es en ve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tu d\u2019un \u00e9v\u00e9n<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t pass<span class=\"_ _5\"/>\u00e9 ;</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(2) <span class=\"_ _dc\"> </span>il es<span class=\"_ _5\"/>t prob<span class=\"_ _5\"/>able (pr<span class=\"_ _5\"/>obabil<span class=\"_ _5\"/>it\u00e9 \u00e9lev\u00e9<span class=\"_ _5\"/>e) que la d\u00e9<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>e de res<span class=\"_ _5\"/>so<span class=\"_ _5\"/>urces s<span class=\"_ _5\"/>era re<span class=\"_ _5\"/>quise p<span class=\"_ _5\"/>our r\u00e9<span class=\"_ _5\"/>gler l\u2019obliga<span class=\"_ _5\"/>tion ; e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(3) <span class=\"_ _dc\"> </span>le mon<span class=\"_ _5\"/>tant de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion pe<span class=\"_ _5\"/>ut \u00eatr<span class=\"_ _5\"/>e \u00e9valu<span class=\"_ _5\"/>\u00e9 de mani\u00e8<span class=\"_ _5\"/>re fi<span class=\"_ _5\"/>able.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>\u2019impac<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t susce<span class=\"_ _5\"/>ptibl<span class=\"_ _5\"/>e d\u2019\u00eatre si<span class=\"_ _5\"/>gnif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if (pour le<span class=\"_ _5\"/>s prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>s \u00e0 long ter<span class=\"_ _5\"/>me pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, la p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t \u00e9valu<span class=\"_ _5\"/>\u00e9e sur ba<span class=\"_ _5\"/>se ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s\u00e9<span class=\"_ _5\"/>e. L<span class=\"_ _3b\"/>\u2019augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de la p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on due \u00e0 l\u2019ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9e en c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>nci\u00e8r<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pr<span class=\"_ _5\"/>ovisi<span class=\"_ _5\"/>on pour a<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>ainis<span class=\"_ _5\"/>seme<span class=\"_ _5\"/>nt de site<span class=\"_ _5\"/>s pollu<span class=\"_ _5\"/>\u00e9s es<span class=\"_ _5\"/>t reco<span class=\"_ _5\"/>nnue si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est s<span class=\"_ _5\"/>oumis<span class=\"_ _5\"/>e \u00e0 une obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n en la mat<span class=\"_ _5\"/>i\u00e8re. L<span class=\"_ _5\"/>es prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>s pour</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">per<span class=\"_ _5\"/>tes<span class=\"_ _d\"/> op\u00e9rationnelles futu<span class=\"_ _d\"/>res sont i<span class=\"_ _d\"/>nterdit<span class=\"_ _d\"/>es.</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Si bp<span class=\"_ _5\"/>ost a un co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t on\u00e9re<span class=\"_ _5\"/>ux (bp<span class=\"_ _5\"/>ost d<span class=\"_ _5\"/>evra f<span class=\"_ _5\"/>aire f<span class=\"_ _5\"/>ace \u00e0 une pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te in\u00e9v<span class=\"_ _5\"/>itabl<span class=\"_ _5\"/>e qui d\u00e9co<span class=\"_ _5\"/>ule de se<span class=\"_ _5\"/>s enga<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>ts con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>ls), l\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bliga<span class=\"_ _5\"/>tion ac<span class=\"_ _5\"/>tua<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lis<span class=\"_ _5\"/>\u00e9e pr\u00e9<span class=\"_ _5\"/>vue dan<span class=\"_ _5\"/>s le contr<span class=\"_ _5\"/>at dev<span class=\"_ _5\"/>ra \u00eatr<span class=\"_ _5\"/>e compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e comm<span class=\"_ _5\"/>e prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une pr<span class=\"_ _5\"/>ovisi<span class=\"_ _5\"/>on pour r<span class=\"_ _5\"/>est<span class=\"_ _5\"/>ruc<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st uni<span class=\"_ _5\"/>quem<span class=\"_ _5\"/>ent compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9e si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t d\u00e9mo<span class=\"_ _5\"/>ntre qu\u2019elle a un<span class=\"_ _5\"/>e obliga<span class=\"_ _5\"/>tion imp<span class=\"_ _5\"/>licite d<span class=\"_ _5\"/>e res<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>er au plu<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tar<span class=\"_ _5\"/>d \u00e0 la date de cl\u00f4<span class=\"_ _5\"/>ture. Ce<span class=\"_ _5\"/>tte o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion doi<span class=\"_ _5\"/>t \u00eatre d<span class=\"_ _5\"/>\u00e9mont<span class=\"_ _5\"/>r\u00e9e pa<span class=\"_ _5\"/>r: (a) l\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xis<span class=\"_ _5\"/>tence d\u2019un p<span class=\"_ _5\"/>lan for<span class=\"_ _5\"/>mel d\u00e9<span class=\"_ _5\"/>taill\u00e9 i<span class=\"_ _5\"/>denti<span class=\"_ _5\"/>fian<span class=\"_ _5\"/>t les pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>es car<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>t\u00e9-</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ris<span class=\"_ _5\"/>tiq<span class=\"_ _5\"/>ues de la r<span class=\"_ _5\"/>est<span class=\"_ _5\"/>ruc<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t (b) soit la m<span class=\"_ _5\"/>ise en \u0153<span class=\"_ _5\"/>uvre d<span class=\"_ _5\"/>e la res<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uctu<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on, soi<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>once de<span class=\"_ _5\"/>s prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>s car<span class=\"_ _5\"/>act\u00e9<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>tiqu<span class=\"_ _5\"/>es de cell<span class=\"_ _5\"/>e-<span class=\"_ _5\"/>ci au<span class=\"_ _5\"/>x</div>\n<div class=\"t m0 x5 h8 yb8 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">int<span class=\"_ _d\"/>\u00e9ress\u00e9s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 57px; height: 320px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag185": {
   "value": "\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts s<span class=\"_ _5\"/>ur le r\u00e9s<span class=\"_ _5\"/>ultat e<span class=\"_ _5\"/>t imp\u00f4t<span class=\"_ _5\"/>s dif<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>p\u00f4t sur le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at compr<span class=\"_ _5\"/>end l\u2019im<span class=\"_ _5\"/>p\u00f4t cour<span class=\"_ _5\"/>ant et l\u2019<span class=\"_ _5\"/>imp\u00f4t diff<span class=\"_ _5\"/>\u00e9r\u00e9. L<span class=\"_ _1\"/>\u2019imp<span class=\"_ _5\"/>\u00f4t cour<span class=\"_ _5\"/>ant es<span class=\"_ _5\"/>t le mont<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s \u00e0 payer (r\u00e9<span class=\"_ _5\"/>cup\u00e9r<span class=\"_ _5\"/>\u00e9) sur les r<span class=\"_ _5\"/>eve<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nus im<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>bles de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>nn\u00e9e \u00e9<span class=\"_ _5\"/>coul\u00e9<span class=\"_ _5\"/>e, ainsi q<span class=\"_ _5\"/>ue tout aju<span class=\"_ _5\"/>stem<span class=\"_ _5\"/>ent au<span class=\"_ _5\"/>x imp\u00f4t<span class=\"_ _5\"/>s pay\u00e9s (\u00e0 r\u00e9<span class=\"_ _5\"/>cup\u00e9<span class=\"_ _5\"/>rer) rel<span class=\"_ _5\"/>atif<span class=\"_ _5\"/>s aux ann<span class=\"_ _5\"/>\u00e9es an<span class=\"_ _5\"/>t\u00e9rie<span class=\"_ _5\"/>ures<span class=\"_ _5\"/>. Il es<span class=\"_ _5\"/>t calc<span class=\"_ _5\"/>ul\u00e9 en</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>isant le t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019impos<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>n vigue<span class=\"_ _5\"/>ur \u00e0 la date de c<span class=\"_ _5\"/>l\u00f4ture.</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s so<span class=\"_ _5\"/>nt calc<span class=\"_ _5\"/>ul\u00e9s sur b<span class=\"_ _5\"/>ase de la m<span class=\"_ _5\"/>\u00e9th<span class=\"_ _5\"/>ode du re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t va<span class=\"_ _5\"/>riabl<span class=\"_ _5\"/>e sur les di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>ces tem<span class=\"_ _5\"/>pora<span class=\"_ _5\"/>ires e<span class=\"_ _5\"/>ntre la v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e des</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s au bila<span class=\"_ _5\"/>n \u00e0 la date de cl\u00f4<span class=\"_ _5\"/>ture et le<span class=\"_ _5\"/>ur bas<span class=\"_ _5\"/>e taxa<span class=\"_ _5\"/>ble, en u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ant le ta<span class=\"_ _5\"/>ux de ta<span class=\"_ _5\"/>xatio<span class=\"_ _5\"/>n atte<span class=\"_ _5\"/>ndu lor<span class=\"_ _5\"/>s du re<span class=\"_ _5\"/>couvr<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif o<span class=\"_ _5\"/>u du r\u00e8gle<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t du pas<span class=\"_ _5\"/>sif. En pra<span class=\"_ _5\"/>tique, o<span class=\"_ _5\"/>n utili<span class=\"_ _5\"/>se le ta<span class=\"_ _5\"/>ux en vig<span class=\"_ _5\"/>ueur \u00e0 la da<span class=\"_ _5\"/>te de cl\u00f4tur<span class=\"_ _5\"/>e du bilan<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s ne s<span class=\"_ _5\"/>ont tou<span class=\"_ _5\"/>tefois p<span class=\"_ _5\"/>as compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s sur<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(1) <span class=\"_ _dc\"> </span>le goo<span class=\"_ _5\"/>dwill do<span class=\"_ _5\"/>nt l\u2019amor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent n\u2019est pa<span class=\"_ _5\"/>s d\u00e9du<span class=\"_ _5\"/>ctib<span class=\"_ _5\"/>le fi<span class=\"_ _5\"/>scal<span class=\"_ _5\"/>ement ;</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(2) <span class=\"_ _dc\"> </span>la comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on initi<span class=\"_ _5\"/>ale d\u2019act<span class=\"_ _5\"/>ifs et d<span class=\"_ _5\"/>e pass<span class=\"_ _5\"/>ifs (h<span class=\"_ _5\"/>ors ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _d\"/>), qui n\u2019affec<span class=\"_ _5\"/>te ni le b<span class=\"_ _5\"/>\u00e9n\u00e9f<span class=\"_ _5\"/>ice comp<span class=\"_ _5\"/>table n<span class=\"_ _5\"/>i le b\u00e9n<span class=\"_ _5\"/>\u00e9fi<span class=\"_ _5\"/>ce fis<span class=\"_ _5\"/>cal ; et</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(3) <span class=\"_ _dc\"> </span> <span class=\"_ _8\"/>les inv<span class=\"_ _5\"/>est<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts dan<span class=\"_ _5\"/>s les f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s, succ<span class=\"_ _5\"/>ursa<span class=\"_ _5\"/>les, e<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9es e<span class=\"_ _5\"/>t co \u2013 entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses t<span class=\"_ _5\"/>ant qu\u2019il n\u2019est p<span class=\"_ _5\"/>as prob<span class=\"_ _5\"/>able que d<span class=\"_ _5\"/>es div<span class=\"_ _5\"/>i-</div>\n<div class=\"t m0 x6 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">den<span class=\"_ _5\"/>des s<span class=\"_ _5\"/>eront di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibu\u00e9<span class=\"_ _5\"/>s dans un ave<span class=\"_ _5\"/>nir pr\u00e9<span class=\"_ _5\"/>visibl<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Un ac<span class=\"_ _5\"/>tif d\u2019<span class=\"_ _5\"/>imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s n\u2019est co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9 qu<span class=\"_ _5\"/>e lors<span class=\"_ _5\"/>qu\u2019il es<span class=\"_ _5\"/>t pro<span class=\"_ _5\"/>bable qu<span class=\"_ _5\"/>e des b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ices im<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>bles s<span class=\"_ _5\"/>eront d<span class=\"_ _5\"/>ispon<span class=\"_ _5\"/>ibles p<span class=\"_ _5\"/>our y imp<span class=\"_ _5\"/>uter les</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">diff\u00e9<span class=\"_ _5\"/>rence<span class=\"_ _5\"/>s temp<span class=\"_ _5\"/>orair<span class=\"_ _5\"/>es d\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ible<span class=\"_ _5\"/>s. Les m<span class=\"_ _5\"/>\u00eame<span class=\"_ _5\"/>s prin<span class=\"_ _5\"/>cipe<span class=\"_ _5\"/>s sont ap<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>a recon<span class=\"_ _5\"/>naiss<span class=\"_ _5\"/>ance d\u2019ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u2019imp\u00f4t<span class=\"_ _5\"/>s diff<span class=\"_ _5\"/>\u00e9r\u00e9s s<span class=\"_ _5\"/>ur les p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>les rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>s non ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es. C<span class=\"_ _5\"/>e crit\u00e8<span class=\"_ _5\"/>re es<span class=\"_ _5\"/>t r\u00e9\u00e9v<span class=\"_ _5\"/>alu\u00e9 \u00e0 ch<span class=\"_ _5\"/>aque date d<span class=\"_ _5\"/>e cl\u00f4ture<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s so<span class=\"_ _5\"/>nt calc<span class=\"_ _5\"/>ul\u00e9s au ni<span class=\"_ _5\"/>veau de ch<span class=\"_ _5\"/>aque en<span class=\"_ _5\"/>tit\u00e9 f<span class=\"_ _5\"/>isc<span class=\"_ _5\"/>ale. Le<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s et pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s relat<span class=\"_ _5\"/>ifs \u00e0 de<span class=\"_ _5\"/>s fil<span class=\"_ _5\"/>iales di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>tes</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>uvent n<span class=\"_ _5\"/>e pas \u00eat<span class=\"_ _5\"/>re pr\u00e9s<span class=\"_ _5\"/>ent\u00e9<span class=\"_ _5\"/>s sur bas<span class=\"_ _5\"/>e net<span class=\"_ _5\"/>te.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 747px; height: 335px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 747px; height: 335px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag181": {
   "value": "\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts s<span class=\"_ _5\"/>ur le r\u00e9s<span class=\"_ _5\"/>ultat e<span class=\"_ _5\"/>t imp\u00f4t<span class=\"_ _5\"/>s dif<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>p\u00f4t sur le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at compr<span class=\"_ _5\"/>end l\u2019im<span class=\"_ _5\"/>p\u00f4t cour<span class=\"_ _5\"/>ant et l\u2019<span class=\"_ _5\"/>imp\u00f4t diff<span class=\"_ _5\"/>\u00e9r\u00e9. L<span class=\"_ _1\"/>\u2019imp<span class=\"_ _5\"/>\u00f4t cour<span class=\"_ _5\"/>ant es<span class=\"_ _5\"/>t le mont<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s \u00e0 payer (r\u00e9<span class=\"_ _5\"/>cup\u00e9r<span class=\"_ _5\"/>\u00e9) sur les r<span class=\"_ _5\"/>eve<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nus im<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>bles de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>nn\u00e9e \u00e9<span class=\"_ _5\"/>coul\u00e9<span class=\"_ _5\"/>e, ainsi q<span class=\"_ _5\"/>ue tout aju<span class=\"_ _5\"/>stem<span class=\"_ _5\"/>ent au<span class=\"_ _5\"/>x imp\u00f4t<span class=\"_ _5\"/>s pay\u00e9s (\u00e0 r\u00e9<span class=\"_ _5\"/>cup\u00e9<span class=\"_ _5\"/>rer) rel<span class=\"_ _5\"/>atif<span class=\"_ _5\"/>s aux ann<span class=\"_ _5\"/>\u00e9es an<span class=\"_ _5\"/>t\u00e9rie<span class=\"_ _5\"/>ures<span class=\"_ _5\"/>. Il es<span class=\"_ _5\"/>t calc<span class=\"_ _5\"/>ul\u00e9 en</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>isant le t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019impos<span class=\"_ _5\"/>ition e<span class=\"_ _5\"/>n vigue<span class=\"_ _5\"/>ur \u00e0 la date de c<span class=\"_ _5\"/>l\u00f4ture.</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s so<span class=\"_ _5\"/>nt calc<span class=\"_ _5\"/>ul\u00e9s sur b<span class=\"_ _5\"/>ase de la m<span class=\"_ _5\"/>\u00e9th<span class=\"_ _5\"/>ode du re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t va<span class=\"_ _5\"/>riabl<span class=\"_ _5\"/>e sur les di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>ces tem<span class=\"_ _5\"/>pora<span class=\"_ _5\"/>ires e<span class=\"_ _5\"/>ntre la v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e des</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s au bila<span class=\"_ _5\"/>n \u00e0 la date de cl\u00f4<span class=\"_ _5\"/>ture et le<span class=\"_ _5\"/>ur bas<span class=\"_ _5\"/>e taxa<span class=\"_ _5\"/>ble, en u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ant le ta<span class=\"_ _5\"/>ux de ta<span class=\"_ _5\"/>xatio<span class=\"_ _5\"/>n atte<span class=\"_ _5\"/>ndu lor<span class=\"_ _5\"/>s du re<span class=\"_ _5\"/>couvr<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif o<span class=\"_ _5\"/>u du r\u00e8gle<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t du pas<span class=\"_ _5\"/>sif. En pra<span class=\"_ _5\"/>tique, o<span class=\"_ _5\"/>n utili<span class=\"_ _5\"/>se le ta<span class=\"_ _5\"/>ux en vig<span class=\"_ _5\"/>ueur \u00e0 la da<span class=\"_ _5\"/>te de cl\u00f4tur<span class=\"_ _5\"/>e du bilan<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s ne s<span class=\"_ _5\"/>ont tou<span class=\"_ _5\"/>tefois p<span class=\"_ _5\"/>as compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s sur<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(1) <span class=\"_ _dc\"> </span>le goo<span class=\"_ _5\"/>dwill do<span class=\"_ _5\"/>nt l\u2019amor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent n\u2019est pa<span class=\"_ _5\"/>s d\u00e9du<span class=\"_ _5\"/>ctib<span class=\"_ _5\"/>le fi<span class=\"_ _5\"/>scal<span class=\"_ _5\"/>ement ;</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(2) <span class=\"_ _dc\"> </span>la comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on initi<span class=\"_ _5\"/>ale d\u2019act<span class=\"_ _5\"/>ifs et d<span class=\"_ _5\"/>e pass<span class=\"_ _5\"/>ifs (h<span class=\"_ _5\"/>ors ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _d\"/>), qui n\u2019affec<span class=\"_ _5\"/>te ni le b<span class=\"_ _5\"/>\u00e9n\u00e9f<span class=\"_ _5\"/>ice comp<span class=\"_ _5\"/>table n<span class=\"_ _5\"/>i le b\u00e9n<span class=\"_ _5\"/>\u00e9fi<span class=\"_ _5\"/>ce fis<span class=\"_ _5\"/>cal ; et</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(3) <span class=\"_ _dc\"> </span> <span class=\"_ _8\"/>les inv<span class=\"_ _5\"/>est<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts dan<span class=\"_ _5\"/>s les f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s, succ<span class=\"_ _5\"/>ursa<span class=\"_ _5\"/>les, e<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9es e<span class=\"_ _5\"/>t co \u2013 entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>ses t<span class=\"_ _5\"/>ant qu\u2019il n\u2019est p<span class=\"_ _5\"/>as prob<span class=\"_ _5\"/>able que d<span class=\"_ _5\"/>es div<span class=\"_ _5\"/>i-</div>\n<div class=\"t m0 x6 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">den<span class=\"_ _5\"/>des s<span class=\"_ _5\"/>eront di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibu\u00e9<span class=\"_ _5\"/>s dans un ave<span class=\"_ _5\"/>nir pr\u00e9<span class=\"_ _5\"/>visibl<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Un ac<span class=\"_ _5\"/>tif d\u2019<span class=\"_ _5\"/>imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s n\u2019est co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9 qu<span class=\"_ _5\"/>e lors<span class=\"_ _5\"/>qu\u2019il es<span class=\"_ _5\"/>t pro<span class=\"_ _5\"/>bable qu<span class=\"_ _5\"/>e des b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ices im<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>bles s<span class=\"_ _5\"/>eront d<span class=\"_ _5\"/>ispon<span class=\"_ _5\"/>ibles p<span class=\"_ _5\"/>our y imp<span class=\"_ _5\"/>uter les</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">diff\u00e9<span class=\"_ _5\"/>rence<span class=\"_ _5\"/>s temp<span class=\"_ _5\"/>orair<span class=\"_ _5\"/>es d\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ible<span class=\"_ _5\"/>s. Les m<span class=\"_ _5\"/>\u00eame<span class=\"_ _5\"/>s prin<span class=\"_ _5\"/>cipe<span class=\"_ _5\"/>s sont ap<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>a recon<span class=\"_ _5\"/>naiss<span class=\"_ _5\"/>ance d\u2019ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u2019imp\u00f4t<span class=\"_ _5\"/>s diff<span class=\"_ _5\"/>\u00e9r\u00e9s s<span class=\"_ _5\"/>ur les p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>les rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>s non ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es. C<span class=\"_ _5\"/>e crit\u00e8<span class=\"_ _5\"/>re es<span class=\"_ _5\"/>t r\u00e9\u00e9v<span class=\"_ _5\"/>alu\u00e9 \u00e0 ch<span class=\"_ _5\"/>aque date d<span class=\"_ _5\"/>e cl\u00f4ture<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s so<span class=\"_ _5\"/>nt calc<span class=\"_ _5\"/>ul\u00e9s au ni<span class=\"_ _5\"/>veau de ch<span class=\"_ _5\"/>aque en<span class=\"_ _5\"/>tit\u00e9 f<span class=\"_ _5\"/>isc<span class=\"_ _5\"/>ale. Le<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s et pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s relat<span class=\"_ _5\"/>ifs \u00e0 de<span class=\"_ _5\"/>s fil<span class=\"_ _5\"/>iales di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>tes</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>uvent n<span class=\"_ _5\"/>e pas \u00eat<span class=\"_ _5\"/>re pr\u00e9s<span class=\"_ _5\"/>ent\u00e9<span class=\"_ _5\"/>s sur bas<span class=\"_ _5\"/>e net<span class=\"_ _5\"/>te.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 747px; height: 335px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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  "Tag180": {
   "value": "\n<div class=\"t m0 x5 hb ya ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons en devis<span class=\"_ _5\"/>es \u00e9tra<span class=\"_ _5\"/>ng\u00e8re<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s en dev<span class=\"_ _5\"/>ises \u00e9<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>ng\u00e8re<span class=\"_ _5\"/>s sont e<span class=\"_ _5\"/>nregis<span class=\"_ _5\"/>tr\u00e9<span class=\"_ _5\"/>es ini<span class=\"_ _5\"/>tialem<span class=\"_ _5\"/>ent dans l<span class=\"_ _5\"/>a monnai<span class=\"_ _5\"/>e fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nnelle d<span class=\"_ _5\"/>es ent<span class=\"_ _5\"/>it\u00e9s con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>\u00e9es<span class=\"_ _5\"/>, en util<span class=\"_ _5\"/>isant l<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tau<span class=\"_ _5\"/>x de chan<span class=\"_ _5\"/>ge en vig<span class=\"_ _5\"/>ueur au<span class=\"_ _5\"/>x dates de<span class=\"_ _5\"/>s tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns. Le<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s et prof<span class=\"_ _5\"/>it<span class=\"_ _5\"/>s r\u00e9ali<span class=\"_ _5\"/>s\u00e9s \u00e0 pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tir des t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>e change, a<span class=\"_ _5\"/>insi que le<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s et prof<span class=\"_ _5\"/>it<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">non r<span class=\"_ _5\"/>\u00e9alis\u00e9<span class=\"_ _5\"/>s \u00e0 par<span class=\"_ _5\"/>tir d<span class=\"_ _5\"/>es ta<span class=\"_ _5\"/>ux de chan<span class=\"_ _5\"/>ge sur les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs mon<span class=\"_ _5\"/>\u00e9ta<span class=\"_ _5\"/>ires \u00e0 la dat<span class=\"_ _5\"/>e du bilan s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9s da<span class=\"_ _5\"/>ns le compte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le<span class=\"_ _5\"/>s compte<span class=\"_ _5\"/>s cons<span class=\"_ _5\"/>olid\u00e9<span class=\"_ _5\"/>s, les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs et p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs d\u2019act<span class=\"_ _5\"/>ivit<span class=\"_ _5\"/>\u00e9s en mo<span class=\"_ _5\"/>nnaie \u00e9<span class=\"_ _5\"/>trang<span class=\"_ _5\"/>\u00e8re so<span class=\"_ _5\"/>nt conver<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>s en Euros a<span class=\"_ _5\"/>u taux d<span class=\"_ _5\"/>e change pr<span class=\"_ _5\"/>\u00e9vala<span class=\"_ _5\"/>nt \u00e0 la</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">date du r<span class=\"_ _5\"/>epor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ng et leur<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s so<span class=\"_ _5\"/>nt conver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>is au tau<span class=\"_ _5\"/>x pr\u00e9v<span class=\"_ _5\"/>alant \u00e0 la da<span class=\"_ _5\"/>te des tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>act<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>. Les di<span class=\"_ _5\"/>ff\u00e9ren<span class=\"_ _5\"/>ces de ch<span class=\"_ _5\"/>ange suit<span class=\"_ _5\"/>e \u00e0</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ces co<span class=\"_ _5\"/>nvers<span class=\"_ _5\"/>ions so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e<span class=\"_ _5\"/>s dans l\u2019\u00e9tat de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al conso<span class=\"_ _5\"/>lid\u00e9. Lo<span class=\"_ _5\"/>rs de ce<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>on d\u2019act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s, la co<span class=\"_ _5\"/>mpos<span class=\"_ _5\"/>ante de l\u2019\u00e9tat</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>d\u00e9 ayant t<span class=\"_ _5\"/>rait \u00e0 ce<span class=\"_ _5\"/>tte a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9 \u00e0 l\u2019\u00e9tr<span class=\"_ _5\"/>anger pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iculi\u00e8<span class=\"_ _5\"/>re es<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dan<span class=\"_ _5\"/>s le compte de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 582px; height: 155px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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  "Tag187": {
   "value": "\n<div class=\"t m0 x5 hb y51 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Revenu<span class=\"_ _5\"/>s <span class=\"_ _d\"/>et co\u00fb<span class=\"_ _5\"/>ts f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour le<span class=\"_ _5\"/>s titr<span class=\"_ _5\"/>es \u00e0 rev<span class=\"_ _5\"/>enu f<span class=\"_ _5\"/>ixe, les i<span class=\"_ _5\"/>nt\u00e9r\u00eat<span class=\"_ _5\"/>s so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s selo<span class=\"_ _5\"/>n la m\u00e9t<span class=\"_ _5\"/>hode du t<span class=\"_ _5\"/>aux d'in<span class=\"_ _5\"/>t\u00e9r\u00eat e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tif. Pou<span class=\"_ _5\"/>r les</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tit<span class=\"_ _5\"/>res \u00e0 re<span class=\"_ _5\"/>venu va<span class=\"_ _5\"/>riable<span class=\"_ _5\"/>, les rev<span class=\"_ _5\"/>enus s<span class=\"_ _5\"/>ont enre<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tr\u00e9s da<span class=\"_ _5\"/>ns le comp<span class=\"_ _5\"/>te de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s d\u00e8s q<span class=\"_ _5\"/>ue l'asse<span class=\"_ _5\"/>mbl\u00e9<span class=\"_ _5\"/>e g\u00e9n\u00e9r<span class=\"_ _5\"/>ale de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ionnai<span class=\"_ _5\"/>res conf<span class=\"_ _5\"/>ir<span class=\"_ _5\"/>me la</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">distribution<span class=\"_ _d\"/> d'u<span class=\"_ _d\"/>n dividende.</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>nt\u00e9r\u00eat<span class=\"_ _5\"/>s sur l<span class=\"_ _5\"/>es emp<span class=\"_ _5\"/>runt<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9s dans le<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs au f<span class=\"_ _5\"/>ur et \u00e0 me<span class=\"_ _5\"/>sure qu'il<span class=\"_ _5\"/>s sont e<span class=\"_ _5\"/>ncour<span class=\"_ _5\"/>us. Pou<span class=\"_ _5\"/>r les emp<span class=\"_ _5\"/>runt<span class=\"_ _5\"/>s, to<span class=\"_ _5\"/>ute</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>ntre le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t re\u00e7u e<span class=\"_ _5\"/>t le mont<span class=\"_ _5\"/>ant rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>sabl<span class=\"_ _5\"/>e est co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>ts en u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>ant la m\u00e9<span class=\"_ _5\"/>thod<span class=\"_ _5\"/>e du tau<span class=\"_ _5\"/>x</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'int\u00e9r<span class=\"_ _5\"/>\u00eat eff<span class=\"_ _5\"/>ect<span class=\"_ _5\"/>if.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 387px; height: 140px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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  "Tag179": {
   "value": "\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y5b ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s d\u00e9riv\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ut<span class=\"_ _5\"/>ilise d<span class=\"_ _5\"/>es ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs d\u00e9r<span class=\"_ _5\"/>iv\u00e9<span class=\"_ _5\"/>s pour cou<span class=\"_ _5\"/>vri<span class=\"_ _5\"/>r son ex<span class=\"_ _5\"/>posi<span class=\"_ _5\"/>tion au<span class=\"_ _5\"/>x ris<span class=\"_ _5\"/>ques de c<span class=\"_ _5\"/>hange d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>ant des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>nnelle<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>i\u00e8re<span class=\"_ _5\"/>s. Con<span class=\"_ _5\"/>form<span class=\"_ _5\"/>\u00e9ment \u00e0 s<span class=\"_ _5\"/>a poli<span class=\"_ _5\"/>tique d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie, bp<span class=\"_ _5\"/>ost n<span class=\"_ _5\"/>e d\u00e9ti<span class=\"_ _5\"/>ent pas o<span class=\"_ _5\"/>u n\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>met pa<span class=\"_ _5\"/>s d\u2019ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs d\u00e9<span class=\"_ _5\"/>riv\u00e9<span class=\"_ _5\"/>s \u00e0 des f<span class=\"_ _5\"/>ins</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">commerciales.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s d\u00e9ri<span class=\"_ _5\"/>v\u00e9s s<span class=\"_ _5\"/>ont init<span class=\"_ _5\"/>ialeme<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s \u00e0 leu<span class=\"_ _5\"/>r juste v<span class=\"_ _5\"/>aleur \u00e0 la d<span class=\"_ _5\"/>ate de concl<span class=\"_ _5\"/>usion du co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>t et \u00e9va<span class=\"_ _5\"/>lu\u00e9s pa<span class=\"_ _5\"/>r ult\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rie<span class=\"_ _5\"/>urem<span class=\"_ _5\"/>ent \u00e0 leur j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur \u00e0 la f<span class=\"_ _5\"/>in de ch<span class=\"_ _5\"/>aque p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de de re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ting<span class=\"_ _5\"/>. D\u00e9p<span class=\"_ _5\"/>endan<span class=\"_ _5\"/>t de l\u2019<span class=\"_ _d\"/>ap<span class=\"_ _5\"/>plica<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>a compta<span class=\"_ _5\"/>bilit\u00e9 de co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e ou non</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(voir ci \u2013 d<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>ous), tout gai<span class=\"_ _5\"/>n ou per<span class=\"_ _5\"/>te r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ant de la r\u00e9<span class=\"_ _5\"/>\u00e9val<span class=\"_ _5\"/>uation d<span class=\"_ _5\"/>e l\u2019ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er d\u00e9r<span class=\"_ _5\"/>iv\u00e9 es<span class=\"_ _5\"/>t soi<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 direc<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent dans le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aut<span class=\"_ _5\"/>res \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t global o<span class=\"_ _5\"/>u dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>s<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 207px; height: 155px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 207px; height: 155px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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  "Tag176": {
   "value": "\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y66 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Comptabilit\u00e9 de<span class=\"_ _d\"/> couverture</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>signe ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tains in<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>re, qui com<span class=\"_ _5\"/>prenn<span class=\"_ _5\"/>ent les i<span class=\"_ _5\"/>nstr<span class=\"_ _5\"/>ume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>\u00e9riv<span class=\"_ _5\"/>\u00e9s et no<span class=\"_ _5\"/>n d\u00e9r<span class=\"_ _5\"/>iv\u00e9s re<span class=\"_ _5\"/>latif<span class=\"_ _5\"/>s au ris<span class=\"_ _5\"/>que de c<span class=\"_ _5\"/>hange et</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">au r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e taux d'i<span class=\"_ _5\"/>nt\u00e9r\u00eat<span class=\"_ _5\"/>, comm<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>res d'inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s ne<span class=\"_ _5\"/>ts dan<span class=\"_ _5\"/>s des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s et au<span class=\"_ _5\"/>x couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>res de f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">respectivement.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 102px; height: 80px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 80px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A la cr\u00e9<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la relat<span class=\"_ _5\"/>ion de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t docu<span class=\"_ _5\"/>mente la r<span class=\"_ _5\"/>elati<span class=\"_ _5\"/>on entr<span class=\"_ _5\"/>e l\u2019ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture e<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>\u00e9l<span class=\"_ _5\"/>\u00e9ment co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>, ainsi qu<span class=\"_ _5\"/>e sa ges<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n des r<span class=\"_ _5\"/>isque<span class=\"_ _5\"/>s et sa s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>at\u00e9gie d<span class=\"_ _5\"/>e ces dive<span class=\"_ _5\"/>rse<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>ns de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>. De plus<span class=\"_ _5\"/>, \u00e0 la cr\u00e9at<span class=\"_ _5\"/>ion de la co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e et de f<span class=\"_ _5\"/>a\u00e7on cont<span class=\"_ _5\"/>inue, b<span class=\"_ _5\"/>post</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">document<span class=\"_ _d\"/>e et \u00e9value<span class=\"_ _d\"/> l'<span class=\"_ _d\"/>efficacit\u00e9 des instruments d\u00e9riv\u00e9s.</div>\n<div class=\"t m0 x5 h7 ya9 ff7 fs3 fc2 sc0 ls40 ws62\" style=\"z-index: 15;\">Couverture de flux de tr\u00e9sorerie</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie eff<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ace des v<span class=\"_ _5\"/>ariat<span class=\"_ _5\"/>ions de l<span class=\"_ _5\"/>a juste v<span class=\"_ _5\"/>aleur de<span class=\"_ _5\"/>s ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s d\u00e9r<span class=\"_ _5\"/>iv\u00e9s d\u00e9<span class=\"_ _5\"/>sign<span class=\"_ _5\"/>\u00e9e et qua<span class=\"_ _5\"/>lifi<span class=\"_ _5\"/>\u00e9e comm<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure de f<span class=\"_ _5\"/>lux de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e est</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e da<span class=\"_ _5\"/>ns les au<span class=\"_ _5\"/>tres \u00e9<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>nts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al et cumu<span class=\"_ _5\"/>l\u00e9e dans l<span class=\"_ _5\"/>a rubr<span class=\"_ _5\"/>ique de<span class=\"_ _5\"/>s r\u00e9s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ves d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure de f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e. Le</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prof<span class=\"_ _5\"/>it ou l<span class=\"_ _5\"/>a per<span class=\"_ _5\"/>te li\u00e9 \u00e0 l<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie in<span class=\"_ _5\"/>eff<span class=\"_ _5\"/>icace e<span class=\"_ _5\"/>st imm<span class=\"_ _5\"/>\u00e9diate<span class=\"_ _5\"/>ment com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9 en r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nts p<span class=\"_ _5\"/>r\u00e9c\u00e9<span class=\"_ _5\"/>demme<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dan<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res \u00e9<span class=\"_ _5\"/>l\u00e9men<span class=\"_ _5\"/>ts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at globa<span class=\"_ _5\"/>l et accum<span class=\"_ _5\"/>ul\u00e9s dan<span class=\"_ _5\"/>s les ca<span class=\"_ _5\"/>pitau<span class=\"_ _5\"/>x prop<span class=\"_ _5\"/>res so<span class=\"_ _5\"/>nt rec<span class=\"_ _5\"/>las-</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s\u00e9<span class=\"_ _5\"/>s en r\u00e9s<span class=\"_ _5\"/>ultat n<span class=\"_ _5\"/>et lor<span class=\"_ _5\"/>sque l'\u00e9l\u00e9m<span class=\"_ _5\"/>ent cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>t affe<span class=\"_ _5\"/>cte le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at net<span class=\"_ _5\"/>, \u00e0 l\u2019ins<span class=\"_ _5\"/>tar de l'\u00e9l\u00e9<span class=\"_ _5\"/>ment cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>t comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9.</div>\n<div class=\"t m0 x5 h8 yb1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilit\u00e9 de co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e s\u2019<span class=\"_ _d\"/>ar<span class=\"_ _5\"/>r\u00eate lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>a relat<span class=\"_ _5\"/>ion de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture e<span class=\"_ _5\"/>st r\u00e9<span class=\"_ _5\"/>voqu\u00e9<span class=\"_ _5\"/>e par bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, lor<span class=\"_ _5\"/>sque l'ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure exp<span class=\"_ _5\"/>ire ou</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t vend<span class=\"_ _5\"/>u, r\u00e9sil<span class=\"_ _5\"/>i\u00e9 ou exe<span class=\"_ _5\"/>rc\u00e9, ou lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>u'<span class=\"_ _d\"/>elle n'es<span class=\"_ _5\"/>t plus qual<span class=\"_ _5\"/>ifi\u00e9<span class=\"_ _5\"/>e de comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>it\u00e9 de couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ture. Tout gain o<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>te comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 dan<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal e<span class=\"_ _5\"/>t accumul\u00e9 da<span class=\"_ _5\"/>ns les c<span class=\"_ _5\"/>apit<span class=\"_ _5\"/>aux pro<span class=\"_ _5\"/>pres d<span class=\"_ _5\"/>emeu<span class=\"_ _5\"/>re dans le<span class=\"_ _5\"/>s fonds p<span class=\"_ _5\"/>ropr<span class=\"_ _5\"/>es et e<span class=\"_ _5\"/>st comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 lor<span class=\"_ _5\"/>sque l<span class=\"_ _5\"/>a tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 yb4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00e9<span class=\"_ _5\"/>vue es<span class=\"_ _5\"/>t f<span class=\"_ _5\"/>inalem<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e e<span class=\"_ _5\"/>n r\u00e9sul<span class=\"_ _5\"/>tat. L<span class=\"_ _5\"/>ors<span class=\"_ _5\"/>qu\u2019il s\u2019av\u00e8re que l<span class=\"_ _5\"/>a tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion p<span class=\"_ _5\"/>r\u00e9vu<span class=\"_ _5\"/>e ne se r\u00e9<span class=\"_ _5\"/>alise<span class=\"_ _5\"/>ra pas<span class=\"_ _5\"/>, le gain o<span class=\"_ _5\"/>u la per<span class=\"_ _5\"/>te cu<span class=\"_ _5\"/>mul\u00e9 es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">imm\u00e9dia<span class=\"_ _d\"/>tement c<span class=\"_ _d\"/>omptabilis\u00e9<span class=\"_ _d\"/> en r\u00e9sultat.</div>\n<div class=\"t m0 x5 h7 y204 ff7 fs3 fc2 sc0 ls0 ws4a\" style=\"z-index: 15;\">Cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture d\u2019i<span class=\"_ _5\"/>nvest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts net<span class=\"_ _5\"/>s dans de<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les \u00e9tr<span class=\"_ _5\"/>ang\u00e8<span class=\"_ _5\"/>res</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>es d'inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>s dan<span class=\"_ _5\"/>s des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s sont co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>es de l<span class=\"_ _5\"/>a m\u00eame ma<span class=\"_ _5\"/>ni\u00e8re qu<span class=\"_ _5\"/>e les cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>s de f<span class=\"_ _5\"/>lux de</div>\n<div class=\"t m0 x5 h8 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>. T<span class=\"_ _1\"/>out g<span class=\"_ _5\"/>ain ou pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te sur l'ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment de co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e relat<span class=\"_ _5\"/>if \u00e0 la par<span class=\"_ _5\"/>tie e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure es<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 dans le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s \u00e9l\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y208 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>ts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at globa<span class=\"_ _5\"/>l et cumul<span class=\"_ _5\"/>\u00e9 sous la r<span class=\"_ _5\"/>ubr<span class=\"_ _5\"/>ique \u00abr\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion\u00bb. Le pr<span class=\"_ _5\"/>ofi<span class=\"_ _5\"/>t ou la per<span class=\"_ _5\"/>te l<span class=\"_ _5\"/>i\u00e9 \u00e0 la par<span class=\"_ _5\"/>tie i<span class=\"_ _5\"/>neff<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>ce est i<span class=\"_ _5\"/>mm\u00e9dia<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y209 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">com<span class=\"_ _d\"/>ptabil<span class=\"_ _d\"/>is\u00e9 en<span class=\"_ _d\"/> r\u00e9su<span class=\"_ _d\"/>ltat.</div>\n<div class=\"t m0 x5 h8 y20b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains et l<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s sur l'ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>tu<span class=\"_ _5\"/>re relat<span class=\"_ _5\"/>ifs \u00e0 la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie eff<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ace de la cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture a<span class=\"_ _5\"/>ccumul\u00e9<span class=\"_ _5\"/>e dans la r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion</div>\n<div class=\"t m0 x5 h8 y3ce ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t recla<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>\u00e9s en r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t lors de l<span class=\"_ _5\"/>a cess<span class=\"_ _5\"/>ion de la f<span class=\"_ _5\"/>iliale \u00e9<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>ng\u00e8re.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 657px; height: 425px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 657px; height: 425px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForHedgingExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag177": {
   "value": "\n<div class=\"t m0 x5 h1a ye ffc fs11 fc2 sc0 ls53 ws99\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>5 <span class=\"_ _78\"> </span>Regroupements d\u2019<span class=\"_ _1\"/>entrepris<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 hb y10 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Vente de l<span class=\"_ _5\"/>a soci<span class=\"_ _5\"/>\u00e9t\u00e9 Ubiway Ret<span class=\"_ _5\"/>ail</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 28 f<span class=\"_ _5\"/>\u00e9vri<span class=\"_ _5\"/>er 202<span class=\"_ _5\"/>2, bpo<span class=\"_ _5\"/>st, U<span class=\"_ _5\"/>biway et G<span class=\"_ _5\"/>olde<span class=\"_ _5\"/>n Palace on<span class=\"_ _5\"/>t fina<span class=\"_ _5\"/>lis\u00e9 la ve<span class=\"_ _5\"/>nte d'Ubi<span class=\"_ _5\"/>way Ret<span class=\"_ _5\"/>ail. Le p<span class=\"_ _5\"/>rix de ve<span class=\"_ _5\"/>nte s'est \u00e9<span class=\"_ _5\"/>lev\u00e9 \u00e0 2,<span class=\"_ _5\"/>5 mEUR en<span class=\"_ _5\"/>tra\u00ee<span class=\"_ _5\"/>nant</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r suppl\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>aire en 20<span class=\"_ _5\"/>22 de 1,<span class=\"_ _5\"/>0 mEUR pou<span class=\"_ _5\"/>r rame<span class=\"_ _5\"/>ner la va<span class=\"_ _5\"/>leur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e des ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>s \u00e0 leur j<span class=\"_ _5\"/>uste v<span class=\"_ _5\"/>aleur dimi<span class=\"_ _5\"/>nu\u00e9e</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s de vente, co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>e au se<span class=\"_ _5\"/>in de l\u2019entit\u00e9 o<span class=\"_ _5\"/>p\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elle Be<span class=\"_ _5\"/>lgium<span class=\"_ _5\"/>. \u00c0 la date de la ve<span class=\"_ _5\"/>nte, Ubiw<span class=\"_ _5\"/>ay (faisa<span class=\"_ _5\"/>nt par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>tgr<span class=\"_ _5\"/>oup)</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">a \u00e9mi<span class=\"_ _5\"/>s un pr\u00eat d<span class=\"_ _5\"/>e 2,0 mEUR ave<span class=\"_ _5\"/>c une date d'\u00e9c<span class=\"_ _5\"/>h\u00e9ance e<span class=\"_ _5\"/>n 2026 enve<span class=\"_ _5\"/>rs Ubiw<span class=\"_ _5\"/>ay Reta<span class=\"_ _5\"/>il, pr\u00ea<span class=\"_ _5\"/>t enre<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>r\u00e9 comm<span class=\"_ _5\"/>e une cr\u00e9a<span class=\"_ _5\"/>nce comme<span class=\"_ _5\"/>rciale n<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cour<span class=\"_ _5\"/>ante. Af<span class=\"_ _5\"/>in de l<span class=\"_ _5\"/>imiter le r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>e de cr\u00e9<span class=\"_ _5\"/>dit \u00e9vent<span class=\"_ _5\"/>uel, d<span class=\"_ _5\"/>es ga<span class=\"_ _5\"/>ranti<span class=\"_ _5\"/>es ont \u00e9<span class=\"_ _5\"/>t\u00e9 four<span class=\"_ _5\"/>nies pa<span class=\"_ _5\"/>r Golde<span class=\"_ _5\"/>n Palace<span class=\"_ _5\"/>. Dans la not<span class=\"_ _5\"/>e 6.18 Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9te<span class=\"_ _5\"/>nus en v<span class=\"_ _5\"/>ue</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la ve<span class=\"_ _5\"/>nte, les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs d\u00e9<span class=\"_ _5\"/>tenus en v<span class=\"_ _5\"/>ue de la ve<span class=\"_ _5\"/>nte et le<span class=\"_ _5\"/>s pas<span class=\"_ _5\"/>sifs dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t li\u00e9s au<span class=\"_ _5\"/>x act<span class=\"_ _5\"/>ifs d\u00e9<span class=\"_ _5\"/>tenus e<span class=\"_ _5\"/>n vue de l<span class=\"_ _5\"/>a vente po<span class=\"_ _5\"/>ur Ubiway R<span class=\"_ _5\"/>etail a<span class=\"_ _5\"/>u 31</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">d\u00e9cem<span class=\"_ _d\"/>bre 2<span class=\"_ _d\"/>021<span class=\"_ _d\"/> sont pr<span class=\"_ _d\"/>\u00e9sent\u00e9s.</div>\n<div class=\"t m0 x5 hb y58 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Acquisition d<span class=\"_ _d\"/>\u2019IMX</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 31 mai 20<span class=\"_ _5\"/>22 (date d'acquis<span class=\"_ _5\"/>ition), bpo<span class=\"_ _5\"/>st a sig<span class=\"_ _5\"/>n\u00e9 une conve<span class=\"_ _5\"/>ntion d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>ach<span class=\"_ _5\"/>at d'acti<span class=\"_ _5\"/>ons po<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion de 6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>59 % de Marc<span class=\"_ _5\"/>eau 1. Mar<span class=\"_ _5\"/>ceau 1 es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 holdin<span class=\"_ _5\"/>g poss<span class=\"_ _5\"/>\u00e9dan<span class=\"_ _5\"/>t IMX Fran<span class=\"_ _5\"/>ce et IMX G<span class=\"_ _5\"/>mbH. C<span class=\"_ _5\"/>es deu<span class=\"_ _5\"/>x enti<span class=\"_ _5\"/>t\u00e9s pro<span class=\"_ _5\"/>pose<span class=\"_ _5\"/>nt une lar<span class=\"_ _5\"/>ge gamm<span class=\"_ _5\"/>e de sol<span class=\"_ _5\"/>ution<span class=\"_ _5\"/>s de livr<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>on et de re<span class=\"_ _5\"/>tour</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>ansf<span class=\"_ _5\"/>ront<span class=\"_ _5\"/>alier<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s e \u2013 comme<span class=\"_ _5\"/>r\u00e7an<span class=\"_ _5\"/>ts via u<span class=\"_ _5\"/>ne appr<span class=\"_ _5\"/>oche d<span class=\"_ _5\"/>e vente dir<span class=\"_ _5\"/>ect<span class=\"_ _5\"/>e, ainsi qu<span class=\"_ _5\"/>e pour le<span class=\"_ _5\"/>s PME et le<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ulier<span class=\"_ _5\"/>s via se<span class=\"_ _5\"/>s solut<span class=\"_ _5\"/>ions nu<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">m\u00e9r<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s prop<span class=\"_ _5\"/>ri\u00e9t<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s \u201cHappy \u2013 Pos<span class=\"_ _5\"/>t<span class=\"_ _5\"/>\u201d<span class=\"_ _1\"/>, \u201cCol<span class=\"_ _5\"/>isE<span class=\"_ _5\"/>xpat<span class=\"_ _5\"/>\u201d et<span class=\"_ _5\"/>\u201cSho<span class=\"_ _5\"/>piles\u201d. Le pri<span class=\"_ _5\"/>x d'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>hat pour 6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>59<span class=\"_ _5\"/>% des ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns s'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>st \u00e9le<span class=\"_ _5\"/>v\u00e9 \u00e0 15,<span class=\"_ _5\"/>5 mEUR<span class=\"_ _5\"/>. En out<span class=\"_ _5\"/>re,</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'accord pr<span class=\"_ _5\"/>\u00e9voit un<span class=\"_ _5\"/>e str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>ture d'app<span class=\"_ _5\"/>el et de ve<span class=\"_ _5\"/>nte pou<span class=\"_ _5\"/>r les ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s res<span class=\"_ _5\"/>tante<span class=\"_ _5\"/>s (31,4<span class=\"_ _d\"/>1%<span class=\"_ _d\"/>). Le pr<span class=\"_ _5\"/>ix d'exer<span class=\"_ _5\"/>cice var<span class=\"_ _5\"/>iable de ce<span class=\"_ _5\"/>tte o<span class=\"_ _5\"/>ptio<span class=\"_ _5\"/>n, bas\u00e9 s<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'EBIT<span class=\"_ _5\"/>DA des an<span class=\"_ _5\"/>n\u00e9e<span class=\"_ _5\"/>s 2022 e<span class=\"_ _5\"/>t 2023<span class=\"_ _5\"/>, a \u00e9t\u00e9 comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 com<span class=\"_ _5\"/>me un pas<span class=\"_ _5\"/>sif f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er pou<span class=\"_ _5\"/>r un mont<span class=\"_ _5\"/>ant de 5,6 m<span class=\"_ _5\"/>EUR (le plafo<span class=\"_ _5\"/>nd conve<span class=\"_ _5\"/>nu contr<span class=\"_ _5\"/>ac-</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tue<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt s'<span class=\"_ _d\"/>\u00e9l\u00e8<span class=\"_ _5\"/>ve \u00e0 12,7 mEUR), les c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s du pas<span class=\"_ _5\"/>sif f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er son<span class=\"_ _5\"/>t inscr<span class=\"_ _5\"/>it<span class=\"_ _5\"/>s au compte d<span class=\"_ _5\"/>e r\u00e9sul<span class=\"_ _5\"/>tat. L<span class=\"_ _5\"/>a so<span class=\"_ _5\"/>ci\u00e9t\u00e9 a \u00e9<span class=\"_ _5\"/>t\u00e9 conso<span class=\"_ _5\"/>lid\u00e9e s<span class=\"_ _5\"/>elon</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>de de l'int\u00e9g<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on globa<span class=\"_ _5\"/>le \u00e0 par<span class=\"_ _5\"/>tir de j<span class=\"_ _5\"/>uin 202<span class=\"_ _5\"/>2, dans l\u2019enti<span class=\"_ _5\"/>t\u00e9 op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>nnelle E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eur<span class=\"_ _5\"/>asia. Pa<span class=\"_ _5\"/>r cons\u00e9<span class=\"_ _5\"/>quent<span class=\"_ _5\"/>, le reg<span class=\"_ _5\"/>roupe<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses e<span class=\"_ _5\"/>st pr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>t\u00e9 avec bp<span class=\"_ _5\"/>ost o<span class=\"_ _5\"/>btenant u<span class=\"_ _5\"/>ne par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ipatio<span class=\"_ _5\"/>n \u00e0 100<span class=\"_ _5\"/>% dans Marce<span class=\"_ _5\"/>au 1. Le<span class=\"_ _5\"/>s frai<span class=\"_ _5\"/>s de tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n li\u00e9s \u00e0 ce r<span class=\"_ _5\"/>achat s<span class=\"_ _5\"/>ont incl<span class=\"_ _5\"/>us</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s char<span class=\"_ _5\"/>ges d'exp<span class=\"_ _5\"/>loitat<span class=\"_ _5\"/>ion de 20<span class=\"_ _5\"/>22.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 222px; height: 395px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y51c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill c<span class=\"_ _5\"/>alcul\u00e9 e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9 comme s<span class=\"_ _5\"/>uit :</div>\n<div class=\"t m0 x7 hc y901 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1b0\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></div>\n<div class=\"t m0 x7 hf y902 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">JUSTE V<span class=\"_ _d\"/>ALEUR DES ACTIF<span class=\"_ _d\"/>S ACQUIS ET DES DETTES REPRISES D<span class=\"_ _d\"/>ANS LES ENTIT\u00c9S ACHET\u00c9ES</div>\n<div class=\"t m0 xa4 hd y903 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc y904 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S NON CO<span class=\"_ _5\"/>UR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x8b h1b y905 ff7 fs8 fc2 sc0 lsbb wsd8\" style=\"z-index: 15;\">9,9</div>\n<div class=\"t m0 x7 hd y906 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> corporelles<span class=\"_ _1b1\"> </span><span class=\"ls1b ws1d\">3,7</span></div>\n<div class=\"t m0 x7 hd y907 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> incorporelles<span class=\"_ _1b2\"> </span><span class=\"ls1b ws1d\">5,7</span></div>\n<div class=\"t m0 x7 hd y908 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Act<span class=\"_ _5\"/>ifs d\u2019imp\u00f4ts dif<span class=\"_ _5\"/>f\u00e9r\u00e9s<span class=\"_ _1ad\"> </span><span class=\"ls18 ws1a\">0,1</span></div>\n<div class=\"t m0 x7 hd y909 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales et autres cr\u00e9ances<span class=\"_ _1b3\"> </span><span class=\"ls18 ws1a\">0,4</span></div>\n<div class=\"t m0 x7 hc y90a ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIFS COURANT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x168 h1b y90b ff7 fs8 fc2 sc0 lsd2 wsf2\" style=\"z-index: 15;\">7,<span class=\"_ _5\"/>8</div>\n<div class=\"t m0 x7 hd y90c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales et autres cr\u00e9ances<span class=\"_ _1b4\"> </span><span class=\"ls26 ws28\">3,3</span></div>\n<div class=\"t m0 x7 hd y90d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>t \u00e9qu<span class=\"_ _5\"/>ivale<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>e<span class=\"_ _1b5\"> </span><span class=\"ls14 ws16\">4,5</span></div>\n<div class=\"t m0 x7 hc y90e ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PA<span class=\"_ _5\"/>SSI<span class=\"_ _5\"/>FS NO<span class=\"_ _5\"/>N COUR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NTS</div>\n<div class=\"t m0 x69 h1b y90f ff7 fs8 fc2 sc0 ls45 ws4a\" style=\"z-index: 15;\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x7 hd y910 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Passif<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9r\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x169 hd y911 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(1,<span class=\"_ _5\"/>5<span class=\"_ _5\"/>)</div>\n<div class=\"t m0 x7 hc y912 ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">PASSIFS COURANTS</div>\n<div class=\"t m0 x5c h1b y913 ff7 fs8 fc2 sc0 ls45 ws4a\" style=\"z-index: 15;\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>4)</div>\n<div class=\"t m0 x7 hd y914 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _1b6\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hd y915 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s<span class=\"_ _1b7\"> </span><span class=\"ls22 ws24\">(8,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x7 hf y916 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">P<span class=\"_ _d\"/>ASSIFS DIREC<span class=\"_ _d\"/>TEMENT LI\u00c9S AUX ACTIF<span class=\"_ _1\"/>S DESTIN\u00c9S \u00c0 LA VENTE</div>\n<div class=\"t m0 x8b h1b y917 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,8</div>\n<div class=\"t m0 x7 hd y918 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Goodwill suite \u00e0 l<span class=\"_ _d\"/>'acquisition<span class=\"_ _1b2\"> </span><span class=\"ls18 ws1a\">20,2 </span></div>\n<div class=\"t m0 x7 hf y919 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CONTREP<span class=\"_ _1\"/>ARTIE D'<span class=\"_ _1\"/>ACHA<span class=\"_ _d\"/>T TRANSF\u00c9R\u00c9E</div>\n<div class=\"t m0 x169 h1b y91a ff7 fs8 fc3 sc0 ls2c ws2e\" style=\"z-index: 15;\">21,0</div>\n<div class=\"t m0 x7 hd y91b ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">dont:<span class=\"_ _1b8\"> </span><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hd y91c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Mon<span class=\"_ _5\"/>tant p<span class=\"_ _5\"/>ay\u00e9<span class=\"_ _1b9\"> </span><span class=\"ls7 ws8\">15,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd y91d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Contrepart<span class=\"_ _5\"/>ie<span class=\"_ _d\"/> conditionnelle<span class=\"_ _1ba\"> </span><span class=\"ls28 ws2a\">5,6</span></div>\n<div class=\"t m0 x7 hd y91e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _1bb\"> </span> </div>\n<div class=\"t m0 x7 hc y91f ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AN<span class=\"_ _5\"/>ALYS<span class=\"_ _5\"/>E DES F<span class=\"_ _5\"/>LUX DE T<span class=\"_ _5\"/>R\u00c9S<span class=\"_ _5\"/>ORE<span class=\"_ _5\"/>RI<span class=\"_ _5\"/>E DES AC<span class=\"_ _5\"/>QUIS<span class=\"_ _5\"/>ITI<span class=\"_ _5\"/>ONS</div>\n<div class=\"t m0 xa4 hd y920 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hd y921 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te acqu<span class=\"_ _5\"/>ise de<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>liale<span class=\"_ _5\"/>s<span class=\"_ _1bc\"> </span><span class=\"ls14 ws16\">4,5</span></div>\n<div class=\"t m0 x7 hd y922 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Montant pay\u00e9<span class=\"_ _1bd\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>5)</span></div>\n<div class=\"t m0 x7 hf y923 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SORTIE NETTE DE TR\u00c9SOSERIE</div>\n<div class=\"t m0 x16a h1b y924 ff7 fs8 fc3 sc0 ls45 ws4a\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,<span class=\"_ _5\"/>0)</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s cr\u00e9an<span class=\"_ _5\"/>ces comm<span class=\"_ _5\"/>erciale<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>antes e<span class=\"_ _5\"/>t non cour<span class=\"_ _5\"/>antes s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>levai<span class=\"_ _5\"/>t \u00e0 3,7 mEUR et bp<span class=\"_ _5\"/>ost s'at<span class=\"_ _5\"/>tend \u00e0 ce qu<span class=\"_ _5\"/>e l\u2019int\u00e9gr<span class=\"_ _5\"/>alit\u00e9 d<span class=\"_ _5\"/>es mon<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>ts con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>ls pu<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>e \u00eatre col<span class=\"_ _5\"/>lec<span class=\"_ _5\"/>t\u00e9e.</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'ajus<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent de la ju<span class=\"_ _5\"/>ste val<span class=\"_ _5\"/>eur suit<span class=\"_ _5\"/>e \u00e0 l'<span class=\"_ _d\"/>affe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>u prix d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisiti<span class=\"_ _5\"/>on a consi<span class=\"_ _5\"/>st\u00e9 en l<span class=\"_ _5\"/>a compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>ation d'im<span class=\"_ _5\"/>mobili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons inco<span class=\"_ _5\"/>rpor<span class=\"_ _5\"/>elles : d<span class=\"_ _5\"/>\u00e9-</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nom<span class=\"_ _5\"/>inatio<span class=\"_ _5\"/>n commer<span class=\"_ _5\"/>ciale (dur\u00e9<span class=\"_ _5\"/>e de vie ut<span class=\"_ _5\"/>ile de 5 ans), tech<span class=\"_ _5\"/>nolog<span class=\"_ _5\"/>ie (dur\u00e9e de v<span class=\"_ _5\"/>ie util<span class=\"_ _5\"/>e de 6 ans) et re<span class=\"_ _5\"/>lation c<span class=\"_ _5\"/>lient (dur\u00e9<span class=\"_ _5\"/>e de vie u<span class=\"_ _5\"/>tile de 14 \u00e0 20</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ans), res<span class=\"_ _5\"/>pec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>ment p<span class=\"_ _5\"/>our un mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e 0,9 mEUR<span class=\"_ _5\"/>, 1,0 mEUR e<span class=\"_ _5\"/>t 3,<span class=\"_ _5\"/>8 mEUR.</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, Marce<span class=\"_ _5\"/>au 1 SA<span class=\"_ _5\"/>S, IM<span class=\"_ _5\"/>X France e<span class=\"_ _5\"/>t IMX Gmb<span class=\"_ _5\"/>H ont cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>\u00e9 \u00e0 hauteu<span class=\"_ _5\"/>r de 18,<span class=\"_ _5\"/>8 mEUR de re<span class=\"_ _5\"/>venus e<span class=\"_ _5\"/>t de 4,4 mEUR d<span class=\"_ _5\"/>e r\u00e9sul<span class=\"_ _5\"/>tat avan<span class=\"_ _5\"/>t imp\u00f4t<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>coulant de l<span class=\"_ _5\"/>a contin<span class=\"_ _5\"/>uit\u00e9 op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>le du grou<span class=\"_ _5\"/>pe. Le<span class=\"_ _5\"/>s revenu<span class=\"_ _5\"/>s d'IMX p<span class=\"_ _5\"/>our l'ense<span class=\"_ _5\"/>mble de l'ann<span class=\"_ _5\"/>\u00e9e 202<span class=\"_ _5\"/>2 s'<span class=\"_ _d\"/>\u00e9l\u00e8<span class=\"_ _5\"/>vent \u00e0 32,<span class=\"_ _5\"/>2 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill q<span class=\"_ _5\"/>ui en r\u00e9s<span class=\"_ _5\"/>ulte, d'un mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e 20,2 m<span class=\"_ _5\"/>EUR, d\u00e9<span class=\"_ _5\"/>coule de la c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance f<span class=\"_ _5\"/>uture e<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>yne<span class=\"_ _5\"/>rgie<span class=\"_ _5\"/>s atte<span class=\"_ _5\"/>ndue<span class=\"_ _5\"/>s au sei<span class=\"_ _5\"/>n des ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cros<span class=\"_ _5\"/>s-<span class=\"_ _5\"/>Bor<span class=\"_ _5\"/>der. Il n<span class=\"_ _d\"/>'es<span class=\"_ _5\"/>t pas pr\u00e9<span class=\"_ _5\"/>vu qu'une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie du goo<span class=\"_ _5\"/>dwill s<span class=\"_ _5\"/>oit d\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ible \u00e0 de<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>s fis<span class=\"_ _5\"/>cale<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 hb y5f ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Acquisition d<span class=\"_ _d\"/>'Aldipress</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 30 s<span class=\"_ _5\"/>epte<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2, ap<span class=\"_ _5\"/>r\u00e8s app<span class=\"_ _5\"/>robat<span class=\"_ _5\"/>ion par l'auto<span class=\"_ _5\"/>rit\u00e9 n\u00e9<span class=\"_ _5\"/>erl<span class=\"_ _5\"/>andais<span class=\"_ _5\"/>e de la con<span class=\"_ _5\"/>curre<span class=\"_ _5\"/>nce, bp<span class=\"_ _5\"/>ost a f<span class=\"_ _5\"/>inali<span class=\"_ _5\"/>s\u00e9 l'acquis<span class=\"_ _5\"/>ition d<span class=\"_ _5\"/>e 100% d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns du</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uteur d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>se n\u00e9<span class=\"_ _5\"/>erl<span class=\"_ _5\"/>andais A<span class=\"_ _5\"/>ldipre<span class=\"_ _5\"/>ss p<span class=\"_ _5\"/>our un mon<span class=\"_ _5\"/>tant de 3<span class=\"_ _5\"/>,5 m<span class=\"_ _5\"/>EUR. A<span class=\"_ _5\"/>ldipre<span class=\"_ _5\"/>ss g\u00e8r<span class=\"_ _5\"/>e le proc<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>us logis<span class=\"_ _5\"/>tiqu<span class=\"_ _5\"/>e de dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ution p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vente<span class=\"_ _5\"/>s au d\u00e9<span class=\"_ _5\"/>tail. A<span class=\"_ _5\"/>ldipr<span class=\"_ _5\"/>ess a \u00e9<span class=\"_ _5\"/>t\u00e9 conso<span class=\"_ _5\"/>lid\u00e9<span class=\"_ _5\"/>e selon l<span class=\"_ _5\"/>a m\u00e9th<span class=\"_ _5\"/>ode d'int<span class=\"_ _5\"/>\u00e9grat<span class=\"_ _5\"/>ion comp<span class=\"_ _5\"/>l\u00e8te \u00e0 par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ir du 30 s<span class=\"_ _5\"/>eptemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2 et se<span class=\"_ _5\"/>ra incl<span class=\"_ _5\"/>use dans l'en<span class=\"_ _5\"/>ti-</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">t\u00e9 op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle Bel<span class=\"_ _5\"/>gium.  Le<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is de tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion li\u00e9<span class=\"_ _5\"/>s \u00e0 ce racha<span class=\"_ _5\"/>t sont in<span class=\"_ _5\"/>clus dan<span class=\"_ _5\"/>s les char<span class=\"_ _5\"/>ges d'exp<span class=\"_ _5\"/>loita<span class=\"_ _5\"/>tion de 2<span class=\"_ _5\"/>022<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 192px; height: 905px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill c<span class=\"_ _5\"/>alcul\u00e9 e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9 comme s<span class=\"_ _5\"/>uit :</div>\n<div class=\"t m0 x7 hc y925 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1b0\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></div>\n<div class=\"t m0 x7 hf y926 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">JUSTE V<span class=\"_ _d\"/>ALEUR DES ACTIF<span class=\"_ _d\"/>S ACQUIS ET DES DETTES REPRISES D<span class=\"_ _d\"/>ANS LES ENTIT\u00c9S ACHET\u00c9ES</div>\n<div class=\"t m0 xa4 hd y927 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc y928 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S NON CO<span class=\"_ _5\"/>UR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x8b h1b y929 ff7 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">0,4</div>\n<div class=\"t m0 x7 hd y92a ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> corporelles<span class=\"_ _1b1\"> </span><span class=\"ls18 ws1a\">0,4</span></div>\n<div class=\"t m0 x7 hc y92b ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIFS COURANT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x169 h1b y92c ff7 fs8 fc2 sc0 ls26 ws28\" style=\"z-index: 15;\">19,6</div>\n<div class=\"t m0 x7 hd y92d ff4 fs8 fc2 sc0 ls20 ws22\" style=\"z-index: 15;\">Stock<span class=\"_ _5\"/>s<span class=\"_ _1be\"> </span><span class=\"ls14 ws16\">4,4</span></div>\n<div class=\"t m0 x7 hd y92e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales et autres cr\u00e9ances<span class=\"_ _1bf\"> </span><span class=\"ls26 ws28\">13,5</span></div>\n<div class=\"t m0 x7 hd y92f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>t \u00e9qu<span class=\"_ _5\"/>ivale<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>e<span class=\"_ _1c0\"> </span><span class=\"ls1b ws1d\">1,7</span></div>\n<div class=\"t m0 x7 hc y930 ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">PASSIFS COURANTS</div>\n<div class=\"t m0 x16a h1b y931 ff7 fs8 fc2 sc0 lsd4 wsf5\" style=\"z-index: 15;\">(3<span class=\"_ _5\"/>8,7)</div>\n<div class=\"t m0 x7 hd y932 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Imp\u00f4t<span class=\"_ _5\"/>s sur le<span class=\"_ _d\"/> r\u00e9s<span class=\"_ _5\"/>ultat \u00e0 payer<span class=\"_ _1c1\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)</span></div>\n<div class=\"t m0 x7 hd y933 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s<span class=\"_ _1c2\"> </span><span class=\"ls1b ws1d\">(3<span class=\"_ _5\"/>8,7<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hf y934 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">P<span class=\"_ _d\"/>ASSIFS DIREC<span class=\"_ _d\"/>TEMENT LI\u00c9S AUX ACTIF<span class=\"_ _1\"/>S DESTIN\u00c9S \u00c0 LA VENTE</div>\n<div class=\"t m0 x5c h1b y935 ff7 fs8 fc3 sc0 ls45 ws4a\" style=\"z-index: 15;\">(18<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8)</div>\n<div class=\"t m0 x7 hd y936 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Goodwill suite \u00e0 l<span class=\"_ _d\"/>'acquisition<span class=\"_ _1b2\"> </span><span class=\"ls0 ws0\">22,<span class=\"_ _5\"/>3 </span></div>\n<div class=\"t m0 x7 hf y937 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CONTREP<span class=\"_ _1\"/>ARTIE D'<span class=\"_ _1\"/>ACHA<span class=\"_ _d\"/>T TRANSF\u00c9R\u00c9E</div>\n<div class=\"t m0 x8b h1b y938 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">3,5</div>\n<div class=\"t m0 x7 hd y939 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">dont:<span class=\"_ _1b8\"> </span><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hd y93a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Mon<span class=\"_ _5\"/>tant p<span class=\"_ _5\"/>ay\u00e9<span class=\"_ _1c3\"> </span><span class=\"ls26 ws28\">3,5</span></div>\n<div class=\"t m0 x7 hd y93b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Contrepart<span class=\"_ _5\"/>ie<span class=\"_ _d\"/> conditionnelle<span class=\"_ _1ba\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hc y93c ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AN<span class=\"_ _5\"/>ALYS<span class=\"_ _5\"/>E DES F<span class=\"_ _5\"/>LUX DE T<span class=\"_ _5\"/>R\u00c9S<span class=\"_ _5\"/>ORE<span class=\"_ _5\"/>RI<span class=\"_ _5\"/>E DES AC<span class=\"_ _5\"/>QUIS<span class=\"_ _5\"/>ITI<span class=\"_ _5\"/>ONS</div>\n<div class=\"t m0 xa4 hd y93d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hd y93e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te acqu<span class=\"_ _5\"/>ise de<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>liale<span class=\"_ _5\"/>s<span class=\"_ _1c4\"> </span><span class=\"ls1b ws1d\">1,7</span></div>\n<div class=\"t m0 x7 hd y93f ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Montant pay\u00e9<span class=\"_ _1c5\"> </span><span class=\"ls0 ws0\">(3,<span class=\"_ _5\"/>5)</span></div>\n<div class=\"t m0 x7 hf y940 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SORTIE NETTE DE TR\u00c9SOSERIE</div>\n<div class=\"t m0 x69 h1b y941 ff7 fs8 fc3 sc0 ls45 ws4a\" style=\"z-index: 15;\">(1<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>)</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s cr\u00e9an<span class=\"_ _5\"/>ces comm<span class=\"_ _5\"/>erciale<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>antes e<span class=\"_ _5\"/>t non cour<span class=\"_ _5\"/>antes s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st \u00e9l<span class=\"_ _5\"/>ev\u00e9e \u00e0 1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>5 mEUR et o<span class=\"_ _5\"/>n s'<span class=\"_ _d\"/>at<span class=\"_ _5\"/>tend \u00e0 ce qu<span class=\"_ _5\"/>e l\u2019int\u00e9g<span class=\"_ _5\"/>ralit\u00e9 d<span class=\"_ _5\"/>es mon<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>ts con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>ls pu<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>e \u00eatre col<span class=\"_ _5\"/>lec<span class=\"_ _5\"/>t\u00e9e.</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, Aldi<span class=\"_ _5\"/>pres<span class=\"_ _5\"/>s a contr<span class=\"_ _5\"/>ibu\u00e9 \u00e0 4,<span class=\"_ _5\"/>6 mEUR de re<span class=\"_ _5\"/>venus e<span class=\"_ _5\"/>t \u00e0 0,<span class=\"_ _d\"/>7 mEUR d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at avan<span class=\"_ _5\"/>t imp\u00f4t<span class=\"_ _5\"/>s des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s pour<span class=\"_ _5\"/>suiv<span class=\"_ _5\"/>ies du gr<span class=\"_ _5\"/>oupe. L<span class=\"_ _5\"/>es rev<span class=\"_ _5\"/>enus</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>Al<span class=\"_ _5\"/>dipre<span class=\"_ _5\"/>ss po<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>en<span class=\"_ _5\"/>semb<span class=\"_ _5\"/>le de l'ann\u00e9e 2<span class=\"_ _5\"/>022 s'\u00e9l\u00e8ve<span class=\"_ _5\"/>nt \u00e0 18,<span class=\"_ _5\"/>9 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill q<span class=\"_ _5\"/>ui en r\u00e9s<span class=\"_ _5\"/>ulte, d'un mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e 22,<span class=\"_ _5\"/>3 mEUR<span class=\"_ _5\"/>, d\u00e9cou<span class=\"_ _5\"/>le de la cro<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ance fu<span class=\"_ _5\"/>ture et de<span class=\"_ _5\"/>s sy<span class=\"_ _5\"/>nerg<span class=\"_ _5\"/>ies at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>ues au s<span class=\"_ _5\"/>ein de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s li\u00e9e<span class=\"_ _5\"/>s \u00e0</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la pre<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>e. Aucu<span class=\"_ _5\"/>ne par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>u good<span class=\"_ _5\"/>will ne de<span class=\"_ _5\"/>vrai<span class=\"_ _5\"/>t \u00eatre d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tible \u00e0 d<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>ins f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>les.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 462px; height: 620px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBusinessCombinationsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag184": {
   "value": "\n<div class=\"t m0 x5 h1a y57 ffc fs11 fc2 sc0 ls3d ws6b\" style=\"z-index: 15;\">6.6 <span class=\"_ _3a\"> </span>Info<span class=\"_ _5\"/>rmations<span class=\"_ _5\"/> sec<span class=\"_ _5\"/>tor<span class=\"_ _5\"/>ielles</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 2021, l<span class=\"_ _5\"/>e Cons<span class=\"_ _5\"/>eil d'<span class=\"_ _d\"/>Adm<span class=\"_ _5\"/>inist<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ion de bp<span class=\"_ _5\"/>ost a ap<span class=\"_ _5\"/>prou<span class=\"_ _5\"/>v\u00e9 l'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>bitio<span class=\"_ _5\"/>n de bpos<span class=\"_ _5\"/>tgr<span class=\"_ _5\"/>oup de de<span class=\"_ _5\"/>venir un<span class=\"_ _5\"/>e entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e en cro<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ance en t<span class=\"_ _5\"/>ant qu'act<span class=\"_ _5\"/>eur</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e \u2013 co<span class=\"_ _5\"/>mmerce<span class=\"_ _5\"/>, tant e<span class=\"_ _5\"/>n Belg<span class=\"_ _5\"/>ique qu'en Euro<span class=\"_ _5\"/>pe et au<span class=\"_ _5\"/>x \u00c9tat<span class=\"_ _5\"/>s \u2013 Unis. \u00c0 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tir du 1er janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2, la s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uctu<span class=\"_ _5\"/>re inter<span class=\"_ _5\"/>ne de bp<span class=\"_ _5\"/>ost a \u00e9<span class=\"_ _5\"/>t\u00e9 modi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>i\u00e9e af<span class=\"_ _5\"/>in de fa<span class=\"_ _5\"/>ire fa<span class=\"_ _5\"/>ce \u00e0 cett<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>sfor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>n, ent<span class=\"_ _5\"/>re autr<span class=\"_ _5\"/>es par le r<span class=\"_ _5\"/>egrou<span class=\"_ _5\"/>peme<span class=\"_ _5\"/>nt de Parce<span class=\"_ _5\"/>ls et M<span class=\"_ _5\"/>ail &amp; Ret<span class=\"_ _5\"/>ail en une s<span class=\"_ _5\"/>eule e<span class=\"_ _5\"/>t m\u00eame e<span class=\"_ _5\"/>ntit\u00e9 op<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>nnelle<span class=\"_ _5\"/>, appe<span class=\"_ _5\"/>l\u00e9e Be<span class=\"_ _5\"/>lgium<span class=\"_ _5\"/>. Cela imp<span class=\"_ _5\"/>lique un<span class=\"_ _5\"/>e nouve<span class=\"_ _5\"/>lle st<span class=\"_ _5\"/>ruc<span class=\"_ _5\"/>ture e<span class=\"_ _5\"/>n term<span class=\"_ _5\"/>es d\u2019entit\u00e9<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>nnell<span class=\"_ _5\"/>es, ave<span class=\"_ _5\"/>c : Bel<span class=\"_ _5\"/>gium, E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eura<span class=\"_ _5\"/>sia et</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">E-Lo<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica, r<span class=\"_ _5\"/>empla<span class=\"_ _5\"/>\u00e7ant Mai<span class=\"_ _5\"/>l &amp; Retai<span class=\"_ _5\"/>l, Parce<span class=\"_ _5\"/>ls &amp; Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics Eur<span class=\"_ _5\"/>asia e<span class=\"_ _5\"/>t Parcel<span class=\"_ _5\"/>s &amp; Logi<span class=\"_ _5\"/>stic<span class=\"_ _5\"/>s No<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>h Ame<span class=\"_ _5\"/>ric<span class=\"_ _5\"/>a. Cet<span class=\"_ _5\"/>te no<span class=\"_ _5\"/>uvelle s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ure</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>rmet d<span class=\"_ _5\"/>e s\u2019<span class=\"_ _d\"/>at<span class=\"_ _5\"/>taq<span class=\"_ _5\"/>uer \u00e0 diff<span class=\"_ _5\"/>\u00e9rent<span class=\"_ _5\"/>s imp<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ifs s<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>\u00e9giqu<span class=\"_ _5\"/>es, n<span class=\"_ _5\"/>otamm<span class=\"_ _5\"/>ent \u00e0 la tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>forma<span class=\"_ _5\"/>tion de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ntit\u00e9 B<span class=\"_ _5\"/>elgiu<span class=\"_ _5\"/>m, la r\u00e9ali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on d'E-L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Eura<span class=\"_ _5\"/>sia et la cr<span class=\"_ _5\"/>oiss<span class=\"_ _5\"/>ance d'E-<span class=\"_ _5\"/>Logi<span class=\"_ _5\"/>stic<span class=\"_ _5\"/>s No<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>h Ame<span class=\"_ _5\"/>ric<span class=\"_ _5\"/>a. Elle pe<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>t \u00e9gale<span class=\"_ _5\"/>ment un<span class=\"_ _5\"/>e resp<span class=\"_ _5\"/>ons<span class=\"_ _5\"/>abilit\u00e9 du co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ats g<span class=\"_ _5\"/>lobal au ni<span class=\"_ _5\"/>veau de</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cha<span class=\"_ _5\"/>que ent<span class=\"_ _5\"/>it\u00e9 op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>nnell<span class=\"_ _5\"/>e. Les ch<span class=\"_ _5\"/>angeme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s sont lim<span class=\"_ _5\"/>it\u00e9s et co<span class=\"_ _5\"/>nsis<span class=\"_ _5\"/>tent au t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>fer<span class=\"_ _5\"/>t de<span class=\"_ _5\"/>s Dome<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ic parcel<span class=\"_ _5\"/>s de Par<span class=\"_ _5\"/>cels &amp; L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Euras<span class=\"_ _5\"/>ia</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>s Belg<span class=\"_ _5\"/>ium, \u00e0 c\u00f4t\u00e9 d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuel M<span class=\"_ _5\"/>ail &amp; Ret<span class=\"_ _5\"/>ail. Pa<span class=\"_ _5\"/>r ailleur<span class=\"_ _5\"/>s, il s\u2019agit d<span class=\"_ _5\"/>e regro<span class=\"_ _5\"/>uper D<span class=\"_ _5\"/>ynalo<span class=\"_ _5\"/>gic et D<span class=\"_ _5\"/>ynas<span class=\"_ _5\"/>ure avec Ra<span class=\"_ _5\"/>dial Euro<span class=\"_ _5\"/>pe, Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s, Le<span class=\"_ _5\"/>en</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Men<span class=\"_ _5\"/>ken et D<span class=\"_ _5\"/>ynaf<span class=\"_ _5\"/>ix au se<span class=\"_ _5\"/>in d\u2019E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eura<span class=\"_ _5\"/>sia.</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st op<span class=\"_ _5\"/>\u00e8re au t<span class=\"_ _5\"/>raver<span class=\"_ _5\"/>s de tro<span class=\"_ _5\"/>is enti<span class=\"_ _5\"/>t\u00e9s op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lles et d'en<span class=\"_ _5\"/>tit\u00e9s d<span class=\"_ _5\"/>e suppo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>t fourn<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ant des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s \u00e0 ces en<span class=\"_ _5\"/>tit\u00e9s o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>L<span class=\"_ _3b\"/>'ent<span class=\"_ _5\"/>it\u00e9 op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lle Belg<span class=\"_ _5\"/>ium sup<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vis<span class=\"_ _5\"/>e les ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s com<span class=\"_ _5\"/>merc<span class=\"_ _5\"/>iales li\u00e9<span class=\"_ _5\"/>es au co<span class=\"_ _5\"/>urri<span class=\"_ _5\"/>er tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>onnel (<span class=\"_ _5\"/>T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ional mai<span class=\"_ _5\"/>l)<span class=\"_ _d\"/>, au co<span class=\"_ _5\"/>urri<span class=\"_ _5\"/>er pub<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lici<span class=\"_ _5\"/>taire (<span class=\"_ _5\"/>Adve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ising ma<span class=\"_ _5\"/>il)<span class=\"_ _d\"/>, \u00e0 la p<span class=\"_ _5\"/>res<span class=\"_ _5\"/>se (Pres<span class=\"_ _5\"/>s) et aux co<span class=\"_ _5\"/>lis (Parcel<span class=\"_ _5\"/>s Be<span class=\"_ _5\"/>lgium), ainsi qu<span class=\"_ _5\"/>e les ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s op<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elles d<span class=\"_ _5\"/>e collec<span class=\"_ _5\"/>te, tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t,</div>\n<div class=\"t m0 x2a h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>i et dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n du courr<span class=\"_ _5\"/>ier ad<span class=\"_ _5\"/>res<span class=\"_ _5\"/>s\u00e9 et no<span class=\"_ _5\"/>n adre<span class=\"_ _5\"/>ss\u00e9<span class=\"_ _5\"/>, des do<span class=\"_ _5\"/>cumen<span class=\"_ _5\"/>ts imp<span class=\"_ _5\"/>rim\u00e9<span class=\"_ _5\"/>s, de<span class=\"_ _5\"/>s jour<span class=\"_ _5\"/>naux<span class=\"_ _5\"/>, des p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>dique<span class=\"_ _5\"/>s et des co<span class=\"_ _5\"/>lis en B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue. En</div>\n<div class=\"t m0 x2a h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">out<span class=\"_ _5\"/>re, Be<span class=\"_ _5\"/>lgium off<span class=\"_ _5\"/>re des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces \u00e0 vale<span class=\"_ _5\"/>ur ajout<span class=\"_ _5\"/>\u00e9e (<span class=\"_ _5\"/>Value add<span class=\"_ _5\"/>ed se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices), inclu<span class=\"_ _5\"/>ant la ges<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de docu<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s et le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s conne<span class=\"_ _5\"/>xes<span class=\"_ _5\"/>, ainsi</div>\n<div class=\"t m0 x2a h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que la v<span class=\"_ _5\"/>ente au d\u00e9<span class=\"_ _5\"/>tail de p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts de p<span class=\"_ _5\"/>roximi<span class=\"_ _5\"/>t\u00e9 et de con<span class=\"_ _5\"/>for<span class=\"_ _5\"/>t (Proximi<span class=\"_ _5\"/>ty &amp; co<span class=\"_ _5\"/>nvenie<span class=\"_ _5\"/>nce ret<span class=\"_ _5\"/>ail net<span class=\"_ _5\"/>wor<span class=\"_ _5\"/>k), par l'inter<span class=\"_ _5\"/>m\u00e9<span class=\"_ _5\"/>diaire de s<span class=\"_ _5\"/>on r\u00e9s<span class=\"_ _5\"/>eau de</div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vente a<span class=\"_ _5\"/>u d\u00e9t<span class=\"_ _5\"/>ail en Be<span class=\"_ _5\"/>lgiqu<span class=\"_ _5\"/>e, compo<span class=\"_ _5\"/>s\u00e9 de bur<span class=\"_ _5\"/>eaux de p<span class=\"_ _5\"/>oste e<span class=\"_ _5\"/>t de po<span class=\"_ _5\"/>ints p<span class=\"_ _5\"/>oste<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>\u2019<span class=\"_ _d\"/>en<span class=\"_ _5\"/>tit\u00e9 ven<span class=\"_ _5\"/>d \u00e9gale<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s banc<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>t fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs,</div>\n<div class=\"t m0 x2a h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans \u00ab<span class=\"_ _5\"/>Proximi<span class=\"_ _5\"/>ty an<span class=\"_ _5\"/>d conveni<span class=\"_ _5\"/>ence re<span class=\"_ _5\"/>tail ne<span class=\"_ _5\"/>two<span class=\"_ _5\"/>rk\u00bb, en ve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tu d\u2019un contr<span class=\"_ _5\"/>at d'agence co<span class=\"_ _5\"/>nclu ave<span class=\"_ _5\"/>c bpos<span class=\"_ _5\"/>t banq<span class=\"_ _5\"/>ue et AG Ins<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ce. Cet<span class=\"_ _5\"/>te ent<span class=\"_ _5\"/>it\u00e9</div>\n<div class=\"t m0 x2a h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle ass<span class=\"_ _5\"/>ume \u00e9ga<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nt des S<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s d'Int\u00e9r<span class=\"_ _5\"/>\u00eat Econo<span class=\"_ _5\"/>mique G<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>al pou<span class=\"_ _5\"/>r le compte de l'<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge (SIEG)<span class=\"_ _d\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 72px; height: 350px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>L<span class=\"_ _3b\"/>'ent<span class=\"_ _5\"/>it\u00e9 op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lle E-Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics Eur<span class=\"_ _5\"/>asia su<span class=\"_ _5\"/>per<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>se les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s et op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>les li\u00e9<span class=\"_ _5\"/>es \u00e0 la log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ique de l\u2019ecom<span class=\"_ _5\"/>merce</div>\n<div class=\"t m0 x2a h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(fulf<span class=\"_ _5\"/>ilme<span class=\"_ _5\"/>nt, man<span class=\"_ _5\"/>utenti<span class=\"_ _5\"/>on, dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n et ges<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des re<span class=\"_ _5\"/>tours) (E-<span class=\"_ _5\"/>commer<span class=\"_ _5\"/>ce Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s) et aux e<span class=\"_ _5\"/>nvois tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>front<span class=\"_ _5\"/>alier<span class=\"_ _5\"/>s (entr<span class=\"_ _5\"/>ant, s<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant e<span class=\"_ _5\"/>t ser-</div>\n<div class=\"t m0 x2a h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vice<span class=\"_ _5\"/>s d'impo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n<span class=\"_ _d\"/>) po<span class=\"_ _5\"/>ur les col<span class=\"_ _5\"/>is en Europ<span class=\"_ _5\"/>e et en A<span class=\"_ _5\"/>sie e<span class=\"_ _5\"/>t pour l<span class=\"_ _5\"/>e courr<span class=\"_ _5\"/>ier inte<span class=\"_ _5\"/>rnati<span class=\"_ _5\"/>onal dan<span class=\"_ _5\"/>s le mond<span class=\"_ _5\"/>e entie<span class=\"_ _5\"/>r<span class=\"_ _d\"/>. Cet<span class=\"_ _5\"/>te ent<span class=\"_ _5\"/>it\u00e9 op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle</div>\n<div class=\"t m0 x2a h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">g\u00e8re p<span class=\"_ _5\"/>lusie<span class=\"_ _5\"/>urs cen<span class=\"_ _5\"/>tres d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s \u00e0 trave<span class=\"_ _5\"/>rs l\u2019<span class=\"_ _5\"/>Europe<span class=\"_ _5\"/>. Dyna<span class=\"_ _5\"/>Group, R<span class=\"_ _5\"/>adial<span class=\"_ _5\"/>, Act<span class=\"_ _5\"/>ive An<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>, Leen M<span class=\"_ _5\"/>enken e<span class=\"_ _5\"/>t les ent<span class=\"_ _5\"/>it\u00e9s e<span class=\"_ _5\"/>urop\u00e9<span class=\"_ _5\"/>enne<span class=\"_ _5\"/>s et as<span class=\"_ _5\"/>iatique<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de L<span class=\"_ _5\"/>andmar<span class=\"_ _5\"/>k Glob<span class=\"_ _5\"/>al en font p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie.</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>L<span class=\"_ _3b\"/>'ent<span class=\"_ _5\"/>it\u00e9 op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lle E-Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eric<span class=\"_ _5\"/>a es<span class=\"_ _5\"/>t charg<span class=\"_ _5\"/>\u00e9e des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s et op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>les li\u00e9<span class=\"_ _5\"/>es \u00e0 la log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ique de l\u2019e-<span class=\"_ _5\"/>com<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mer<span class=\"_ _5\"/>ce (fulf<span class=\"_ _5\"/>ilment<span class=\"_ _5\"/>, manute<span class=\"_ _5\"/>ntio<span class=\"_ _5\"/>n et dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ution<span class=\"_ _5\"/>, ges<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s reto<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>, ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce \u00e0 la clien<span class=\"_ _5\"/>t\u00e8le et s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s techn<span class=\"_ _5\"/>ologi<span class=\"_ _5\"/>ques \u00e0 va<span class=\"_ _5\"/>leur ajo<span class=\"_ _5\"/>ut\u00e9e) en</div>\n<div class=\"t m0 x2a h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>\u00e9riq<span class=\"_ _5\"/>ue du Nor<span class=\"_ _5\"/>d et en Au<span class=\"_ _5\"/>str<span class=\"_ _5\"/>alie et a<span class=\"_ _5\"/>ux colis t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>fro<span class=\"_ _5\"/>ntalie<span class=\"_ _5\"/>rs et a<span class=\"_ _5\"/>u courr<span class=\"_ _5\"/>ier inte<span class=\"_ _5\"/>rnat<span class=\"_ _5\"/>ional en A<span class=\"_ _5\"/>m\u00e9r<span class=\"_ _5\"/>ique du N<span class=\"_ _5\"/>ord. L<span class=\"_ _5\"/>es ent<span class=\"_ _5\"/>it\u00e9s no<span class=\"_ _5\"/>rd-a<span class=\"_ _5\"/>m\u00e9ri<span class=\"_ _5\"/>c-</div>\n<div class=\"t m0 x2a h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aine<span class=\"_ _5\"/>s de La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k Globa<span class=\"_ _5\"/>l et Radia<span class=\"_ _5\"/>l Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica fon<span class=\"_ _5\"/>t par<span class=\"_ _5\"/>tie de ce<span class=\"_ _5\"/>tte e<span class=\"_ _5\"/>ntit\u00e9 o<span class=\"_ _5\"/>p\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elle.</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les e<span class=\"_ _5\"/>ntit\u00e9<span class=\"_ _5\"/>s Corp<span class=\"_ _5\"/>ora<span class=\"_ _5\"/>te et et de s<span class=\"_ _5\"/>uppor<span class=\"_ _5\"/>t (Co<span class=\"_ _5\"/>rpor<span class=\"_ _5\"/>ate) se com<span class=\"_ _5\"/>pose<span class=\"_ _5\"/>nt de tro<span class=\"_ _5\"/>is enti<span class=\"_ _5\"/>t\u00e9s de sup<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t et d<span class=\"_ _5\"/>e l'unit\u00e9 Cor<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ate. Le<span class=\"_ _5\"/>s entit\u00e9<span class=\"_ _5\"/>s de supp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">offr<span class=\"_ _5\"/>ent, e<span class=\"_ _5\"/>n tant q<span class=\"_ _5\"/>ue four<span class=\"_ _5\"/>niss<span class=\"_ _5\"/>eur uniq<span class=\"_ _5\"/>ue, de<span class=\"_ _5\"/>s solut<span class=\"_ _5\"/>ions d'aff<span class=\"_ _5\"/>aires a<span class=\"_ _5\"/>ux troi<span class=\"_ _5\"/>s entit<span class=\"_ _5\"/>\u00e9s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>les et \u00e0 l'ent<span class=\"_ _5\"/>it\u00e9 Cor<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ate. Elles co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>nent le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yb0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>ts F<span class=\"_ _5\"/>inance &amp; Ac<span class=\"_ _5\"/>counting<span class=\"_ _5\"/>, Huma<span class=\"_ _5\"/>n Reso<span class=\"_ _5\"/>urces e<span class=\"_ _5\"/>t Ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice Ope<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>ons, I<span class=\"_ _5\"/>CT &amp; Dig<span class=\"_ _5\"/>ital<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'enti<span class=\"_ _5\"/>t\u00e9 Corp<span class=\"_ _5\"/>orat<span class=\"_ _5\"/>e compre<span class=\"_ _5\"/>nd les d<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>tem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yb1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Str<span class=\"_ _5\"/>ateg<span class=\"_ _5\"/>y, Merge<span class=\"_ _5\"/>r &amp; Acquis<span class=\"_ _5\"/>ition<span class=\"_ _5\"/>s, Leg<span class=\"_ _5\"/>al, Reg<span class=\"_ _5\"/>ulator<span class=\"_ _5\"/>y e<span class=\"_ _5\"/>t Corp<span class=\"_ _5\"/>orat<span class=\"_ _5\"/>e Secr<span class=\"_ _5\"/>etar<span class=\"_ _5\"/>y. L<span class=\"_ _1\"/>'EBIT g<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>\u00e9 par les e<span class=\"_ _5\"/>ntit\u00e9<span class=\"_ _5\"/>s de supp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t refa<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>\u00e9 aux 3 ent<span class=\"_ _5\"/>it\u00e9s</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lles en t<span class=\"_ _5\"/>ant que c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation (OPE<span class=\"_ _5\"/>X<span class=\"_ _5\"/>) alors q<span class=\"_ _5\"/>ue les am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s res<span class=\"_ _5\"/>tent au s<span class=\"_ _5\"/>ein de l\u2019entit<span class=\"_ _5\"/>\u00e9 Corp<span class=\"_ _5\"/>orate<span class=\"_ _5\"/>. Les re<span class=\"_ _5\"/>venus</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">g\u00e9n<span class=\"_ _5\"/>\u00e9r\u00e9s pa<span class=\"_ _5\"/>r les unit<span class=\"_ _5\"/>\u00e9s de sup<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t, y co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s les ven<span class=\"_ _5\"/>tes de b\u00e2t<span class=\"_ _5\"/>iment<span class=\"_ _5\"/>s<span class=\"_ _5\"/>, sont pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9s dan<span class=\"_ _5\"/>s Corp<span class=\"_ _5\"/>orate<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Comm<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t ide<span class=\"_ _5\"/>ntif<span class=\"_ _5\"/>ie son C<span class=\"_ _5\"/>EO comme le pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>al d\u00e9ci<span class=\"_ _5\"/>deur op<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>el (\"CODM<span class=\"_ _5\"/>\")<span class=\"_ _d\"/>, le<span class=\"_ _5\"/>s sec<span class=\"_ _5\"/>teur<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>s sur les in<span class=\"_ _5\"/>forma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y203 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns four<span class=\"_ _5\"/>nies a<span class=\"_ _5\"/>u CEO<span class=\"_ _d\"/>. bp<span class=\"_ _5\"/>ost c<span class=\"_ _5\"/>alcule s<span class=\"_ _5\"/>on b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ice d'explo<span class=\"_ _5\"/>itat<span class=\"_ _5\"/>ion (EBIT<span class=\"_ _5\"/>) au nivea<span class=\"_ _5\"/>u des s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>teurs e<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t \u00e9valu\u00e9 d<span class=\"_ _5\"/>e mani\u00e8<span class=\"_ _5\"/>re coh\u00e9r<span class=\"_ _5\"/>ente ave<span class=\"_ _5\"/>c les</div>\n<div class=\"t m0 x5 h8 y204 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ives com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>les de<span class=\"_ _5\"/>s \u00e9tat<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers (IFR<span class=\"_ _5\"/>S). Les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s et les p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs ne s<span class=\"_ _5\"/>ont pas p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt\u00e9s pa<span class=\"_ _5\"/>r sec<span class=\"_ _5\"/>teur au CO<span class=\"_ _5\"/>DM.</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Auc<span class=\"_ _5\"/>un sec<span class=\"_ _5\"/>teur o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ationn<span class=\"_ _5\"/>el n\u2019<span class=\"_ _d\"/>a \u00e9t<span class=\"_ _5\"/>\u00e9 regro<span class=\"_ _5\"/>up\u00e9 po<span class=\"_ _5\"/>ur form<span class=\"_ _5\"/>er les e<span class=\"_ _5\"/>ntit\u00e9<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>nnelle<span class=\"_ _5\"/>s publi<span class=\"_ _5\"/>\u00e9s ci<span class=\"_ _5\"/>-de<span class=\"_ _5\"/>ssu<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y208 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es et pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s four<span class=\"_ _5\"/>nis en<span class=\"_ _5\"/>tre ent<span class=\"_ _5\"/>it\u00e9s jur<span class=\"_ _5\"/>idiqu<span class=\"_ _5\"/>es so<span class=\"_ _5\"/>nt sans li<span class=\"_ _5\"/>en de d\u00e9<span class=\"_ _5\"/>pend<span class=\"_ _5\"/>ance alor<span class=\"_ _5\"/>s que le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices et p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts fo<span class=\"_ _5\"/>urnis e<span class=\"_ _5\"/>ntre en<span class=\"_ _5\"/>tit\u00e9s</div>\n<div class=\"t m0 x5 h8 y209 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lles de la m<span class=\"_ _5\"/>\u00eame en<span class=\"_ _5\"/>tit\u00e9 jur<span class=\"_ _5\"/>idique s<span class=\"_ _5\"/>ont ba<span class=\"_ _5\"/>s\u00e9s su<span class=\"_ _5\"/>r des co\u00fbt<span class=\"_ _5\"/>s mar<span class=\"_ _5\"/>ginau<span class=\"_ _5\"/>x. Le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces fou<span class=\"_ _5\"/>rnis pa<span class=\"_ _5\"/>r les ent<span class=\"_ _5\"/>it\u00e9s de s<span class=\"_ _5\"/>uppor<span class=\"_ _5\"/>t a<span class=\"_ _5\"/>ux enti<span class=\"_ _5\"/>t\u00e9s</div>\n<div class=\"t m0 x5 h8 y20a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lles d\u2019une m<span class=\"_ _5\"/>\u00eame en<span class=\"_ _5\"/>tit\u00e9 jur<span class=\"_ _5\"/>idique s<span class=\"_ _5\"/>ont bas<span class=\"_ _5\"/>\u00e9s sur l<span class=\"_ _5\"/>e co\u00fbt tota<span class=\"_ _5\"/>l.</div>\n<div class=\"t m0 x5 h8 y3ce ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cor<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ate trea<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>y, co-<span class=\"_ _5\"/>entr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises<span class=\"_ _5\"/>, entr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9e<span class=\"_ _5\"/>s et imp<span class=\"_ _5\"/>\u00f4ts s<span class=\"_ _5\"/>ont g\u00e9r<span class=\"_ _5\"/>\u00e9s cent<span class=\"_ _5\"/>rale<span class=\"_ _5\"/>ment p<span class=\"_ _5\"/>our le gro<span class=\"_ _5\"/>upe. Le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>r net<span class=\"_ _5\"/>, l\u2019imp\u00f4t</div>\n<div class=\"t m0 x5 h8 y3cf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at et la qu<span class=\"_ _5\"/>ote-<span class=\"_ _5\"/>par<span class=\"_ _5\"/>t dans l<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at des e<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9es e<span class=\"_ _5\"/>t co-<span class=\"_ _5\"/>en<span class=\"_ _5\"/>trepr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s ne so<span class=\"_ _5\"/>nt publi\u00e9<span class=\"_ _5\"/>s qu\u2019au niveau d<span class=\"_ _5\"/>u group<span class=\"_ _5\"/>e.</div>\n\n<div class=\"t m0 x5 h8 y784 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>ablea<span class=\"_ _5\"/>ux suiv<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s pr\u00e9s<span class=\"_ _5\"/>enten<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>ape<span class=\"_ _5\"/>r\u00e7u de<span class=\"_ _5\"/>s r\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s par se<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>ur op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>nnel :</div>\n<div class=\"t m0 x5 hb y95 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 xec hc y942 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">BELGIUM<span class=\"_ _84\"> </span><span class=\"ff7\">E-LOGISTIC<span class=\"_ _d\"/>S EURASIA</span></div>\n<div class=\"t m0 x16b hc y943 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">E-LOGIS<span class=\"_ _d\"/>TICS <span class=\"ff5\"> </span></div>\n<div class=\"t m0 x4f hc y942 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">NORTH AMERICA<span class=\"_ _79\"> </span><span class=\"ff5\">CORPORA<span class=\"_ _1\"/>TE<span class=\"_ _1c6\"> </span>\u00c9LIMINA<span class=\"_ _1\"/>TIONS<span class=\"_ _10f\"> </span>GROUP</span></div>\n<div class=\"t m0 x7 hc y944 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _109\"> </span><span class=\"ff7 fc0 lse ws10\">202<span class=\"_ _5\"/>2<span class=\"_ _ab\"> </span><span class=\"fc2 lsf ws11\">20<span class=\"_ _5\"/>21<span class=\"_ _ab\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _e3\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _e3\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _e3\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _e3\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y945 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y946 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">d'exploitation</div>\n<div class=\"t m0 x7 hd y947 ff4 fs8 fc2 sc0 ls4a ws54\" style=\"z-index: 15;\">ex<span class=\"_ _5\"/>terne<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 xde hd y948 ff4 fs8 fc2 sc0 ls90 wsa4\" style=\"z-index: 15;\">2.<span class=\"_ _5\"/>140<span class=\"_ _5\"/>,6<span class=\"_ _8c\"> </span><span class=\"ls18 ws1a\">2.2<span class=\"_ _5\"/>50,8<span class=\"_ _88\"> </span><span class=\"ls4a ws54\">59<span class=\"_ _5\"/>0,5<span class=\"_ _8d\"> </span><span class=\"ls9c ws4f\">611,<span class=\"_ _5\"/>5<span class=\"_ _8c\"> </span><span class=\"ls5a ws6e\">1.6<span class=\"_ _5\"/>55,9<span class=\"_ _75\"> </span></span></span></span>1.453,<span class=\"_ _5\"/>9<span class=\"_ _8e\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>5<span class=\"_ _8e\"> </span><span class=\"ls28 ws2a\">18,9<span class=\"_ _74\"> </span></span></span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _db\"> </span><span class=\"ls12 ws14\">4<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _2\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5<span class=\"_ _75\"> </span><span class=\"ls13 ws15\">4.335,1</span></span></span></div>\n<div class=\"t m0 x7 hd y949 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y94a ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">d'exploitat<span class=\"_ _5\"/>ion inter<span class=\"_ _d\"/>-</div>\n<div class=\"t m0 x7 hd y94b ff4 fs8 fc2 sc0 ls4a ws54\" style=\"z-index: 15;\">sec<span class=\"_ _5\"/>teurs</div>\n<div class=\"t m0 x11 hd y94c ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">52<span class=\"_ _5\"/>,7<span class=\"_ _71\"> </span><span class=\"ls17 ws19\">59,<span class=\"_ _5\"/>8<span class=\"_ _e3\"> </span><span class=\"ls28 ws2a\">2<span class=\"_ _5\"/>3,6<span class=\"_ _8e\"> </span><span class=\"ls20 ws22\">26,2<span class=\"_ _e7\"> </span></span></span></span>5,7<span class=\"_ _74\"> </span><span class=\"ls7 ws8\">5,9<span class=\"_ _8d\"> </span></span>3<span class=\"_ _5\"/>93<span class=\"_ _5\"/>,7<span class=\"_ _66\"> </span><span class=\"ls12 ws14\">4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _14\"> </span><span class=\"ls90 wsa4\">(475,6<span class=\"_ _5\"/>)<span class=\"_ _14a\"> </span></span></span>(4<span class=\"_ _5\"/>9<span class=\"_ _5\"/>9,7)<span class=\"_ _74\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _74\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf y94d ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PRODUITS</div>\n<div class=\"t m0 x7 hf y94e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">D'EXPLOIT<span class=\"_ _1\"/>A<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 xc8 h1b y94f ff7 fs8 fc3 sc0 ls4a ws54\" style=\"z-index: 15;\">2.<span class=\"_ _5\"/>193,<span class=\"_ _5\"/>3<span class=\"_ _70\"> </span><span class=\"ls20 ws22\">2.<span class=\"_ _5\"/>310,6<span class=\"_ _1c7\"> </span><span class=\"ls14 ws16\">614,<span class=\"_ _5\"/>1<span class=\"_ _39\"> </span><span class=\"lsd2 wsf2\">6<span class=\"_ _5\"/>3<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>7<span class=\"_ _114\"> </span></span>1.6<span class=\"_ _5\"/>61,6<span class=\"_ _70\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.459,<span class=\"_ _5\"/>8<span class=\"_ _e5\"> </span><span class=\"ls1d ws1f\">4<span class=\"_ _5\"/>04,2<span class=\"_ _1c7\"> </span><span class=\"lsd4 wsf5\">4<span class=\"_ _5\"/>26<span class=\"_ _5\"/>,7<span class=\"_ _8c\"> </span>(475<span class=\"_ _5\"/>,6)<span class=\"_ _8c\"> </span>(4<span class=\"_ _5\"/>99,7<span class=\"_ _5\"/>)<span class=\"_ _114\"> </span><span class=\"lsd2 wsf2\">4<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5<span class=\"_ _114\"> </span><span class=\"ls1f ws21\">4.3<span class=\"_ _5\"/>35,1</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y950 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges</div>\n<div class=\"t m0 x7 hd y951 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">d'exploitation</div>\n<div class=\"t m0 xde hd y950 ff4 fs8 fc2 sc0 ls23 ws25\" style=\"z-index: 15;\">1<span class=\"_ _5\"/>.914<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5<span class=\"_ _75\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.975,6<span class=\"_ _8d\"> </span><span class=\"ls9c ws4f\">561<span class=\"_ _5\"/>,5<span class=\"_ _88\"> </span><span class=\"ls2e ws30\">568,5<span class=\"_ _8c\"> </span><span class=\"ls16 ws18\">1.<span class=\"_ _5\"/>481,<span class=\"_ _5\"/>5<span class=\"_ _67\"> </span><span class=\"ls14 ws16\">1.<span class=\"_ _5\"/>30<span class=\"_ _5\"/>4,9<span class=\"_ _88\"> </span><span class=\"ls25 ws27\">363,0<span class=\"_ _88\"> </span><span class=\"ls18 ws1a\">38<span class=\"_ _5\"/>0,2<span class=\"_ _85\"> </span><span class=\"ls90 wsa4\">(475<span class=\"_ _5\"/>,6)<span class=\"_ _85\"> </span><span class=\"ls1b ws1d\">(4<span class=\"_ _5\"/>99,7<span class=\"_ _5\"/>)<span class=\"_ _8c\"> </span></span></span></span></span>3.84<span class=\"_ _5\"/>4,9<span class=\"_ _75\"> </span><span class=\"ls2f ws31\">3<span class=\"_ _5\"/>.7<span class=\"_ _5\"/>29<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y952 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9<span class=\"_ _5\"/>pr\u00e9c<span class=\"_ _5\"/>iati<span class=\"_ _5\"/>ons \u2013</div>\n<div class=\"t m0 x7 hd y953 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements</div>\n<div class=\"t m0 x11 hd y952 ff4 fs8 fc2 sc0 ls16 ws18\" style=\"z-index: 15;\">81,0<span class=\"_ _8e\"> </span><span class=\"ls14 ws16\">8<span class=\"_ _5\"/>4,1<span class=\"_ _e3\"> </span><span class=\"ls1d ws1f\">28,<span class=\"_ _5\"/>3<span class=\"_ _8e\"> </span><span class=\"ls1a ws1c\">24,6<span class=\"_ _8d\"> </span><span class=\"ls1b ws1d\">1<span class=\"_ _5\"/>0<span class=\"_ _5\"/>4,7<span class=\"_ _8e\"> </span></span></span></span>8<span class=\"_ _5\"/>4,0<span class=\"_ _8e\"> </span><span class=\"ls20 ws22\">75,2<span class=\"_ _71\"> </span>75,0<span class=\"_ _74\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _88\"> </span><span class=\"ls1d ws1f\">289,3<span class=\"_ _66\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf y954 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00c9SUL<span class=\"_ _3b\"/>TA<span class=\"_ _1\"/>T</div>\n<div class=\"t m0 x7 hf y955 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u2019EXPLOIT<span class=\"_ _1\"/>A<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x7 hf y956 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">(EBIT)</div>\n<div class=\"t m0 x16c h1b y957 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">1<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _1c7\"> </span><span class=\"ls14 ws16\">2<span class=\"_ _5\"/>50,9<span class=\"_ _e1\"> </span><span class=\"ls1d ws1f\">24,<span class=\"_ _5\"/>3<span class=\"_ _86\"> </span><span class=\"ls26 ws28\">4<span class=\"_ _5\"/>4,6<span class=\"_ _e1\"> </span><span class=\"ls43 ws4d\">75,<span class=\"_ _5\"/>4<span class=\"_ _e1\"> </span><span class=\"ls18 ws1a\">70,<span class=\"_ _5\"/>9<span class=\"_ _df\"> </span><span class=\"lsd8 wsfa\">(34,1<span class=\"_ _1\"/>)<span class=\"_ _df\"> </span><span class=\"ls90 wsa4\">(2<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _43\"> </span><span class=\"ls14 ws16\">0,<span class=\"_ _5\"/>0<span class=\"_ _6e\"> </span>0,0<span class=\"_ _18b\"> </span><span class=\"ls7 ws8\">26<span class=\"_ _5\"/>3,3<span class=\"_ _18b\"> </span><span class=\"ls1d ws1f\">338,0</span></span></span></span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y958 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Qu<span class=\"_ _5\"/>ote \u2013 par<span class=\"_ _5\"/>t dan<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y959 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>at des</div>\n<div class=\"t m0 x7 hd y95a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">entrepris<span class=\"_ _5\"/>es associ\u00e9es</div>\n<div class=\"t m0 x16d hd y95b ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _72\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _72\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _72\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0</div>\n<div class=\"t m0 x7 hd y95c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9\u00e9valuation d'actifs</div>\n<div class=\"t m0 x7 hd y95d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>n\u00e9s \u00e0 la v<span class=\"_ _5\"/>ente</div>\n<div class=\"t m0 x7 hd y95e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 la ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur</div>\n<div class=\"t m0 x7 hd y95f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dimi<span class=\"_ _5\"/>nu\u00e9e<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y960 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la v<span class=\"_ _5\"/>ente</div>\n<div class=\"t m0 x16e hd y961 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(1,<span class=\"_ _5\"/>0)<span class=\"_ _8e\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _5\"/>)<span class=\"_ _e7\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _e3\"> </span><span class=\"ls17 ws19\">1<span class=\"_ _5\"/>9,5<span class=\"_ _74\"> </span></span></span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _e3\"> </span></span></span>(1,<span class=\"_ _5\"/>2)<span class=\"_ _71\"> </span><span class=\"ls3b ws43\">12,1</span></div>\n<div class=\"t m0 x7 hd y962 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9sultat financier<span class=\"_ _94\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _8e\"> </span>30,<span class=\"_ _5\"/>3<span class=\"_ _89\"> </span><span class=\"ls22 ws24\">(16<span class=\"_ _5\"/>,4)</span></span></div>\n<div class=\"t m0 x7 hd y963 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Imp\u00f4t<span class=\"_ _5\"/>s sur le<span class=\"_ _d\"/> r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _84\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _72\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _e3\"> </span>6<span class=\"_ _5\"/>0,8<span class=\"_ _e3\"> </span><span class=\"ls26 ws28\">83,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hf y964 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00c9SUL<span class=\"_ _3b\"/>TA<span class=\"_ _1\"/>T DE L<span class=\"_ _1\"/>\u2019<span class=\"_ _1\"/>ANN\u00c9E</div>\n<div class=\"t m0 x7 hf y965 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">(EA<span class=\"_ _1\"/>T)</div>\n<div class=\"t m0 x113 h1b y966 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">19<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,7<span class=\"_ _18b\"> </span><span class=\"ls25 ws27\">243,5<span class=\"_ _e1\"> </span><span class=\"ls1d ws1f\">24,<span class=\"_ _5\"/>3<span class=\"_ _e1\"> </span><span class=\"ls26 ws28\">44,6<span class=\"_ _e1\"> </span><span class=\"ls43 ws4d\">75<span class=\"_ _5\"/>,4<span class=\"_ _e1\"> </span><span class=\"ls18 ws1a\">70<span class=\"_ _5\"/>,9<span class=\"_ _df\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3)<span class=\"_ _87\"> </span>(8<span class=\"_ _5\"/>,9)<span class=\"_ _72\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _43\"> </span>0,0<span class=\"_ _1c7\"> </span></span></span></span></span></span></span></span>2<span class=\"_ _5\"/>31<span class=\"_ _5\"/>,7<span class=\"_ _18b\"> </span><span class=\"ls14 ws16\">25<span class=\"_ _5\"/>0,2</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 96px; height: 536px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 96px; height: 986px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>ablea<span class=\"_ _5\"/>ux pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>s ci \u2013 des<span class=\"_ _5\"/>so<span class=\"_ _5\"/>us four<span class=\"_ _5\"/>niss<span class=\"_ _5\"/>ent une v<span class=\"_ _5\"/>ue d\u00e9t<span class=\"_ _5\"/>aill\u00e9<span class=\"_ _5\"/>e du reve<span class=\"_ _5\"/>nu de bpo<span class=\"_ _5\"/>st en f<span class=\"_ _5\"/>onc<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s avec le<span class=\"_ _5\"/>s client<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y4ba ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _1c8\"> </span><span class=\"ff7\">PRODUITS D'EXPL<span class=\"_ _d\"/>OITA<span class=\"_ _1\"/>TION EXTERNES<span class=\"_ _1c9\"> </span>CHIFFRE D'<span class=\"_ _1\"/>AFFAIRES</span></div>\n<div class=\"t m0 x7 hc y967 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _18a\"> </span><span class=\"ff7 fc0 lse ws10\">202<span class=\"_ _5\"/>2<span class=\"_ _ba\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _97\"> </span></span></span>\u00c9VOLUTION<span class=\"_ _ba\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _ba\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _97\"> </span></span></span>\u00c9VOLUTION</div>\n<div class=\"t m0 x7 hf y968 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BELGIUM</div>\n<div class=\"t m0 x16f h1b y969 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">2.<span class=\"_ _5\"/>140,6<span class=\"_ _1ca\"> </span><span class=\"ls9d wsaf\"> 2.250,8<span class=\"_ _1cb\"> </span><span class=\"ls1d ws1f\">-4,<span class=\"_ _5\"/>9%<span class=\"_ _90\"> </span><span class=\"ls0 ws0\"> 2<span class=\"_ _5\"/>.13<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>5<span class=\"_ _1ca\"> </span></span></span> 2.239<span class=\"_ _d\"/>,3<span class=\"_ _1cc\"> </span><span class=\"ls1d ws1f\">-4,<span class=\"_ _5\"/>8%</span></span></div>\n<div class=\"t m0 x7 hd y96a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansactional mail<span class=\"_ _1cd\"> </span><span class=\"ls2b ws2d\"> 731<span class=\"_ _5\"/>,5<span class=\"_ _11e\"> </span><span class=\"ls1d ws1f\"> 7<span class=\"_ _5\"/>36,<span class=\"_ _1\"/>7<span class=\"_ _ac\"> </span><span class=\"ls1b ws1d\">-<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,7%<span class=\"_ _ac\"> </span><span class=\"ls2b ws2d\"> 7<span class=\"_ _5\"/>31,1<span class=\"_ _eb\"> </span></span></span> 7<span class=\"_ _5\"/>36,0<span class=\"_ _11e\"> </span><span class=\"ls1b ws1d\">-<span class=\"_ _5\"/>0,7<span class=\"_ _5\"/>%</span></span></span></div>\n<div class=\"t m0 x7 hd y96b ff4 fs8 fc2 sc0 ls5a ws6e\" style=\"z-index: 15;\">Adver<span class=\"_ _5\"/>tisin<span class=\"_ _5\"/>g mail<span class=\"_ _1ce\"> </span><span class=\"ls12 ws14\"> 1<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>1<span class=\"_ _d4\"> </span> 1<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _d4\"> </span><span class=\"ls7 ws8\">-5,0%<span class=\"_ _1cf\"> </span></span> 1<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>1<span class=\"_ _d4\"> </span> 1<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _1cf\"> </span><span class=\"ls7 ws8\">-<span class=\"_ _5\"/>5,0%</span></span></div>\n<div class=\"t m0 x7 hd y96c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pre<span class=\"_ _5\"/>ss <span class=\"_ _1d0\"> </span><span class=\"ls3b ws43\"> 345,<span class=\"_ _5\"/>9<span class=\"_ _eb\"> </span><span class=\"ls13 ws15\"> 338<span class=\"_ _d\"/>,8<span class=\"_ _108\"> </span><span class=\"ls21 ws23\">2<span class=\"_ _5\"/>,<span class=\"_ _5\"/>1%<span class=\"_ _11e\"> </span><span class=\"ls17 ws19\"> 33<span class=\"_ _5\"/>9,3<span class=\"_ _11e\"> </span><span class=\"ls28 ws2a\"> 33<span class=\"_ _5\"/>2,6<span class=\"_ _ea\"> </span><span class=\"ls42 ws4c\">2,0%</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y96d ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Parcels Be<span class=\"_ _5\"/>lgium<span class=\"_ _9b\"> </span><span class=\"ls17 ws19\"> 4<span class=\"_ _5\"/>49,<span class=\"_ _5\"/>1<span class=\"_ _11e\"> </span><span class=\"ls12 ws14\"> 4<span class=\"_ _2\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _1cf\"> </span><span class=\"ls4a ws54\">-3<span class=\"_ _5\"/>,9%<span class=\"_ _11e\"> </span></span></span> 4<span class=\"_ _5\"/>49,1<span class=\"_ _ac\"> </span><span class=\"ls12 ws14\"> 4<span class=\"_ _2\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _1cf\"> </span><span class=\"ls4a ws54\">-3<span class=\"_ _5\"/>,9%</span></span></span></div>\n<div class=\"t m0 x7 hd y96e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prox<span class=\"_ _5\"/>imit<span class=\"_ _5\"/>y an<span class=\"_ _5\"/>d conven<span class=\"_ _5\"/>ienc<span class=\"_ _5\"/>e ret<span class=\"_ _5\"/>ail</div>\n<div class=\"t m0 x7 hd y96f ff4 fs8 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">net<span class=\"_ _5\"/>work</div>\n<div class=\"t m0 xb6 hd y96e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> 302,0<span class=\"_ _ac\"> </span><span class=\"ls12 ws14\"> 3<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5<span class=\"_ _b3\"> </span><span class=\"ls23 ws25\">-2<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>0%<span class=\"_ _ac\"> </span><span class=\"ls4b ws59\"> 3<span class=\"_ _5\"/>01,<span class=\"_ _5\"/>3<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\"> 393,1<span class=\"_ _10f\"> </span><span class=\"ls26 ws28\">-23,3%</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y970 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Valu<span class=\"_ _5\"/>e adde<span class=\"_ _5\"/>d se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices<span class=\"_ _13d\"> </span><span class=\"ls1a ws1c\"> 124,<span class=\"_ _5\"/>9<span class=\"_ _eb\"> </span><span class=\"ls43 ws4d\"> 113,<span class=\"_ _5\"/>5<span class=\"_ _eb\"> </span><span class=\"ls21 ws23\">10<span class=\"_ _5\"/>,<span class=\"_ _5\"/>1%<span class=\"_ _11e\"> </span></span></span> 124,<span class=\"_ _5\"/>5<span class=\"_ _11e\"> </span><span class=\"ls43 ws4d\"> 113<span class=\"_ _5\"/>,4<span class=\"_ _ea\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>9%</span></span></span></div>\n<div class=\"t m0 x7 hf y971 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">E-LOGIS<span class=\"_ _d\"/>TICS EURASIA</div>\n<div class=\"t m0 x45 h1b y972 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 59<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>5<span class=\"_ _1cb\"> </span> 6<span class=\"_ _5\"/>11,<span class=\"_ _5\"/>5<span class=\"_ _10a\"> </span><span class=\"ls20 ws22\">-3,<span class=\"_ _5\"/>4%<span class=\"_ _1cc\"> </span><span class=\"ls1d ws1f\"> 589,0<span class=\"_ _1cc\"> </span><span class=\"ls14 ws16\"> 610,6<span class=\"_ _10a\"> </span></span></span>-3<span class=\"_ _5\"/>,5%</span></div>\n<div class=\"t m0 x7 hd y973 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">E-commerce logistic<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 xb6 hd y974 ff4 fs8 fc2 sc0 ls16 ws18\" style=\"z-index: 15;\"> 273<span class=\"_ _5\"/>,0<span class=\"_ _11e\"> </span><span class=\"ls1b ws1d\"> 26<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,7<span class=\"_ _108\"> </span><span class=\"ls14 ws16\">1,6%<span class=\"_ _11e\"> </span><span class=\"ls0 ws0\"> 271<span class=\"_ _5\"/>,6<span class=\"_ _ac\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>9<span class=\"_ _af\"> </span><span class=\"ls1a ws1c\">1,4%</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y975 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cro<span class=\"_ _5\"/>ss \u2013 bo<span class=\"_ _5\"/>rde<span class=\"_ _5\"/>r<span class=\"_ _1d1\"> </span><span class=\"ls12 ws14\"> 3<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>5<span class=\"_ _ac\"> </span><span class=\"ls2b ws2d\"> 3<span class=\"_ _5\"/>42,<span class=\"_ _5\"/>8<span class=\"_ _107\"> </span></span>-7,<span class=\"_ _5\"/>4<span class=\"_ _5\"/>%<span class=\"_ _107\"> </span> 3<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>4<span class=\"_ _1cf\"> </span><span class=\"ls2b ws2d\"> 3<span class=\"_ _5\"/>42,6<span class=\"_ _107\"> </span></span>-<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4%</span></div>\n<div class=\"t m0 x7 hf y976 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">E-LOGIS<span class=\"_ _d\"/>TICS NOR<span class=\"_ _d\"/>TH AMERICA</div>\n<div class=\"t m0 x111 h1b y977 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 1.<span class=\"_ _5\"/>655<span class=\"_ _5\"/>,9<span class=\"_ _1ca\"> </span> 1<span class=\"_ _5\"/>.4<span class=\"_ _5\"/>53,<span class=\"_ _5\"/>9<span class=\"_ _b3\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>9%<span class=\"_ _1ca\"> </span></span> 1<span class=\"_ _5\"/>.65<span class=\"_ _5\"/>0,6<span class=\"_ _1ca\"> </span> 1<span class=\"_ _5\"/>.43<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>5<span class=\"_ _b3\"> </span><span class=\"ls1f ws21\">1<span class=\"_ _5\"/>5,2%</span></div>\n<div class=\"t m0 x7 hd y978 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">E-commerce logistic<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x16f hd y979 ff4 fs8 fc2 sc0 ls5a ws6e\" style=\"z-index: 15;\"> 1.65<span class=\"_ _5\"/>5,9<span class=\"_ _94\"> </span><span class=\"lsbc ws51\"> 1<span class=\"_ _5\"/>.41<span class=\"_ _5\"/>1,7<span class=\"_ _11e\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _2\"/>3<span class=\"_ _5\"/>%<span class=\"_ _94\"> </span></span></span> 1.650,6<span class=\"_ _dd\"> </span><span class=\"ls23 ws25\"> 1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>391<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8<span class=\"_ _10a\"> </span><span class=\"ls28 ws2a\">18,6%</span></span></div>\n<div class=\"t m0 x7 hd y97a ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Internatio<span class=\"_ _5\"/>nal mail<span class=\"_ _23\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _10d\"> </span><span class=\"ls2b ws2d\"> 42,<span class=\"_ _5\"/>2<span class=\"_ _138\"> </span><span class=\"ls31 ws33\">-1<span class=\"_ _5\"/>0<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>%<span class=\"_ _b5\"> </span></span></span> 0,0<span class=\"_ _10d\"> </span><span class=\"ls1b ws1d\"> 4<span class=\"_ _5\"/>0,7<span class=\"_ _ef\"> </span><span class=\"ls31 ws33\">-10<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%</span></span></span></div>\n<div class=\"t m0 x7 hf y97b ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CORPOR<span class=\"_ _d\"/>A<span class=\"_ _d\"/>TE</div>\n<div class=\"t m0 x151 h1b y97c ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 10,<span class=\"_ _5\"/>5<span class=\"_ _ea\"> </span> 1<span class=\"_ _5\"/>8,9<span class=\"_ _94\"> </span><span class=\"ls27 ws29\">-44,<span class=\"_ _5\"/>3%<span class=\"_ _b5\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _7e\"> </span>0,0%</span></span></div>\n<div class=\"t m0 x7 hf y97d ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x111 h1b y97e ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> 4<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5<span class=\"_ _136\"> </span><span class=\"ls0 ws0\"> 4.3<span class=\"_ _5\"/>35,<span class=\"_ _5\"/>1<span class=\"_ _7e\"> </span><span class=\"ls14 ws16\">1,4%<span class=\"_ _1ca\"> </span></span> 4<span class=\"_ _5\"/>.37<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>0<span class=\"_ _90\"> </span> 4<span class=\"_ _5\"/>.2<span class=\"_ _5\"/>82<span class=\"_ _5\"/>,4<span class=\"_ _7e\"> </span><span class=\"lsd8 wsfa\">2,1<span class=\"_ _d\"/>%</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 660px; height: 422px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La r<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>ion g\u00e9<span class=\"_ _5\"/>ogra<span class=\"_ _5\"/>phique d<span class=\"_ _5\"/>u total de<span class=\"_ _5\"/>s pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xploit<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n (prod<span class=\"_ _5\"/>uits d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation in<span class=\"_ _5\"/>ter \u2013 se<span class=\"_ _5\"/>cteu<span class=\"_ _5\"/>rs exc<span class=\"_ _5\"/>lus) et les a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>fs non co<span class=\"_ _5\"/>urant<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>\u00e9s \u00e0 la Be<span class=\"_ _5\"/>lgiqu<span class=\"_ _5\"/>e, au re<span class=\"_ _5\"/>ste de l'Eur<span class=\"_ _5\"/>ope, a<span class=\"_ _5\"/>ux \u00c9tat<span class=\"_ _5\"/>s \u2013 Unis d'Am\u00e9r<span class=\"_ _5\"/>ique e<span class=\"_ _5\"/>t au res<span class=\"_ _5\"/>te du mo<span class=\"_ _5\"/>nde. L<span class=\"_ _1\"/>'att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion pa<span class=\"_ _5\"/>r loca<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion g\u00e9o<span class=\"_ _5\"/>gra<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">phiq<span class=\"_ _5\"/>ue es<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>e sur la lo<span class=\"_ _5\"/>calis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de l'entit\u00e9 g\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>nt le pro<span class=\"_ _5\"/>duit d\u2019expl<span class=\"_ _5\"/>oitat<span class=\"_ _5\"/>ion ou d\u00e9<span class=\"_ _5\"/>tenan<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif ne<span class=\"_ _5\"/>t. Le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t allou\u00e9<span class=\"_ _5\"/>s \u00e0 plusi<span class=\"_ _5\"/>eurs p<span class=\"_ _5\"/>oste<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x154 hc y97f ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">\u00c9VOLUTION</div>\n<div class=\"t m0 x7 hc y980 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _bd\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _1d2\"> </span><span class=\"ls0 ws0\">20<span class=\"_ _5\"/>22 \u2013 20<span class=\"_ _5\"/>21</span></span></span></div>\n<div class=\"t m0 x7 hd y981 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique<span class=\"_ _1d3\"> </span><span class=\"ls18 ws1a\">933,4<span class=\"_ _130\"> </span><span class=\"ls2c ws2e\">921,6<span class=\"_ _1d4\"> </span><span class=\"ls14 ws16\">1,3<span class=\"_ _5\"/>%</span></span></span></div>\n<div class=\"t m0 x7 hd y982 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Re<span class=\"_ _5\"/>ste d'E<span class=\"_ _5\"/>urop<span class=\"_ _5\"/>e<span class=\"_ _1d5\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>5<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>2<span class=\"_ _128\"> </span><span class=\"ls18 ws1a\">206,4<span class=\"_ _1d6\"> </span><span class=\"ls1a ws1c\">24,6%</span></span></span></div>\n<div class=\"t m0 x7 hd y983 ff4 fs8 fc2 sc0 lsbb wsd8\" style=\"z-index: 15;\">USA<span class=\"_ _58\"> </span><span class=\"ls0 ws0\">1</span></div>\n<div class=\"t m0 x52 hd y984 ff4 fsa fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">.<span class=\"fs8 ls1f ws21\">0<span class=\"_ _5\"/>43,3<span class=\"_ _130\"> </span><span class=\"ls23 ws25\">91<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>1<span class=\"_ _1d6\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>0%</span></span></span></div>\n<div class=\"t m0 x7 hd y985 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Re<span class=\"_ _5\"/>ste du m<span class=\"_ _5\"/>onde<span class=\"_ _19e\"> </span><span class=\"ls12 ws14\">5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>1<span class=\"_ _1d7\"> </span><span class=\"ls3b ws43\">45,3<span class=\"_ _9a\"> </span><span class=\"ls20 ws22\">26<span class=\"_ _5\"/>,0%</span></span></span></div>\n<div class=\"t m0 x7 hf y986 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES ACTIFS NON C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x50 h1b y987 ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">2<span class=\"_ _5\"/>.2<span class=\"_ _5\"/>91,0<span class=\"_ _1d8\"> </span><span class=\"ls1f ws21\">2.08<span class=\"_ _5\"/>8,5<span class=\"_ _128\"> </span><span class=\"lsd4 wsf5\">9,7<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd y988 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique<span class=\"_ _5c\"> </span><span class=\"ls0 ws0\">2</span></div>\n<div class=\"t m0 x52 hd y989 ff4 fsa fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">.<span class=\"_ _5\"/><span class=\"fs8 ls5a ws6e\">373,4<span class=\"_ _1cd\"> </span></span><span class=\"fs8\">2</span>.<span class=\"_ _5\"/><span class=\"fs8 ls17 ws19\">52<span class=\"_ _5\"/>9,2<span class=\"_ _1c9\"> </span><span class=\"ls25 ws27\">-<span class=\"_ _5\"/>6,2%</span></span></div>\n<div class=\"t m0 x7 hd y98a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Re<span class=\"_ _5\"/>ste d'E<span class=\"_ _5\"/>urop<span class=\"_ _5\"/>e<span class=\"_ _102\"> </span><span class=\"ls18 ws1a\">34<span class=\"_ _5\"/>0,0<span class=\"_ _130\"> </span><span class=\"ls2b ws2d\">319,<span class=\"_ _5\"/>2<span class=\"_ _1d9\"> </span><span class=\"ls14 ws16\">6,<span class=\"_ _5\"/>5%</span></span></span></div>\n<div class=\"t m0 x7 hd y98b ff4 fs8 fc2 sc0 lsbb wsd8\" style=\"z-index: 15;\">USA<span class=\"_ _58\"> </span><span class=\"ls0 ws0\">1</span></div>\n<div class=\"t m0 x52 hd y98c ff4 fsa fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">.<span class=\"_ _5\"/><span class=\"fs8 ls17 ws19\">589,<span class=\"_ _5\"/>1<span class=\"_ _127\"> </span></span><span class=\"fs8\">1</span>.<span class=\"_ _5\"/><span class=\"fs8 ls2e ws30\">388,5<span class=\"_ _1d6\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>4%</span></span></div>\n<div class=\"t m0 x7 hd y98d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Re<span class=\"_ _5\"/>ste du m<span class=\"_ _5\"/>onde<span class=\"_ _bd\"> </span><span class=\"ls25 ws27\">95,0<span class=\"_ _23\"> </span><span class=\"ls27 ws29\">98,<span class=\"_ _5\"/>2<span class=\"_ _1c9\"> </span><span class=\"ls4a ws54\">-3,<span class=\"_ _5\"/>2%</span></span></span></div>\n<div class=\"t m0 x7 hf y98e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PRODUITS D\u2019EXPL<span class=\"_ _d\"/>OITA<span class=\"_ _1\"/>TION</div>\n<div class=\"t m0 x88 h1b y98f ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">4<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5<span class=\"_ _4a\"> </span><span class=\"ls1f ws21\">4.335,<span class=\"_ _5\"/>1<span class=\"_ _130\"> </span><span class=\"ls14 ws16\">1,4%</span></span></div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le tot<span class=\"_ _5\"/>al des a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>fs non co<span class=\"_ _5\"/>urant<span class=\"_ _5\"/>s comp<span class=\"_ _5\"/>rend l<span class=\"_ _5\"/>es immo<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s corpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s immobi<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ions inco<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s, les i<span class=\"_ _5\"/>mmeub<span class=\"_ _5\"/>les de pl<span class=\"_ _5\"/>aceme<span class=\"_ _5\"/>nt et</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s et autr<span class=\"_ _5\"/>es cr\u00e9<span class=\"_ _5\"/>ances (&gt; 1 an).</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En exc<span class=\"_ _5\"/>luant la r\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n re\u00e7ue d<span class=\"_ _5\"/>u gouve<span class=\"_ _5\"/>rnem<span class=\"_ _5\"/>ent f\u00e9<span class=\"_ _5\"/>d\u00e9ra<span class=\"_ _5\"/>l belge p<span class=\"_ _5\"/>our fou<span class=\"_ _5\"/>rnir le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices d\u00e9<span class=\"_ _5\"/>crit<span class=\"_ _5\"/>s dans l<span class=\"_ _5\"/>e Contr<span class=\"_ _5\"/>at de Ge<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>on et le<span class=\"_ _5\"/>s conces<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sion<span class=\"_ _5\"/>s de pre<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>, en ce comp<span class=\"_ _5\"/>ris l\u2019entit\u00e9 o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle B<span class=\"_ _5\"/>elgium<span class=\"_ _5\"/>, aucun c<span class=\"_ _5\"/>lient e<span class=\"_ _5\"/>xt\u00e9<span class=\"_ _5\"/>rieu<span class=\"_ _5\"/>r ne repr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nte plus de 10 % du t<span class=\"_ _5\"/>otal de<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uit<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>ex-</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">ploitation de bpos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 162px; height: 920px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag186": {
   "value": "\n<div class=\"t m0 x5 h8 y784 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>ablea<span class=\"_ _5\"/>ux suiv<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s pr\u00e9s<span class=\"_ _5\"/>enten<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>ape<span class=\"_ _5\"/>r\u00e7u de<span class=\"_ _5\"/>s r\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>s par se<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>ur op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>nnel :</div>\n<div class=\"t m0 x5 hb y95 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 xec hc y942 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">BELGIUM<span class=\"_ _84\"> </span><span class=\"ff7\">E-LOGISTIC<span class=\"_ _d\"/>S EURASIA</span></div>\n<div class=\"t m0 x16b hc y943 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">E-LOGIS<span class=\"_ _d\"/>TICS <span class=\"ff5\"> </span></div>\n<div class=\"t m0 x4f hc y942 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">NORTH AMERICA<span class=\"_ _79\"> </span><span class=\"ff5\">CORPORA<span class=\"_ _1\"/>TE<span class=\"_ _1c6\"> </span>\u00c9LIMINA<span class=\"_ _1\"/>TIONS<span class=\"_ _10f\"> </span>GROUP</span></div>\n<div class=\"t m0 x7 hc y944 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _109\"> </span><span class=\"ff7 fc0 lse ws10\">202<span class=\"_ _5\"/>2<span class=\"_ _ab\"> </span><span class=\"fc2 lsf ws11\">20<span class=\"_ _5\"/>21<span class=\"_ _ab\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _e3\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _e3\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _e3\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _e3\"> </span></span>2022<span class=\"_ _e3\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y945 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y946 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">d'exploitation</div>\n<div class=\"t m0 x7 hd y947 ff4 fs8 fc2 sc0 ls4a ws54\" style=\"z-index: 15;\">ex<span class=\"_ _5\"/>terne<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 xde hd y948 ff4 fs8 fc2 sc0 ls90 wsa4\" style=\"z-index: 15;\">2.<span class=\"_ _5\"/>140<span class=\"_ _5\"/>,6<span class=\"_ _8c\"> </span><span class=\"ls18 ws1a\">2.2<span class=\"_ _5\"/>50,8<span class=\"_ _88\"> </span><span class=\"ls4a ws54\">59<span class=\"_ _5\"/>0,5<span class=\"_ _8d\"> </span><span class=\"ls9c ws4f\">611,<span class=\"_ _5\"/>5<span class=\"_ _8c\"> </span><span class=\"ls5a ws6e\">1.6<span class=\"_ _5\"/>55,9<span class=\"_ _75\"> </span></span></span></span>1.453,<span class=\"_ _5\"/>9<span class=\"_ _8e\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>5<span class=\"_ _8e\"> </span><span class=\"ls28 ws2a\">18,9<span class=\"_ _74\"> </span></span></span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _db\"> </span><span class=\"ls12 ws14\">4<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _2\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5<span class=\"_ _75\"> </span><span class=\"ls13 ws15\">4.335,1</span></span></span></div>\n<div class=\"t m0 x7 hd y949 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y94a ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">d'exploitat<span class=\"_ _5\"/>ion inter<span class=\"_ _d\"/>-</div>\n<div class=\"t m0 x7 hd y94b ff4 fs8 fc2 sc0 ls4a ws54\" style=\"z-index: 15;\">sec<span class=\"_ _5\"/>teurs</div>\n<div class=\"t m0 x11 hd y94c ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">52<span class=\"_ _5\"/>,7<span class=\"_ _71\"> </span><span class=\"ls17 ws19\">59,<span class=\"_ _5\"/>8<span class=\"_ _e3\"> </span><span class=\"ls28 ws2a\">2<span class=\"_ _5\"/>3,6<span class=\"_ _8e\"> </span><span class=\"ls20 ws22\">26,2<span class=\"_ _e7\"> </span></span></span></span>5,7<span class=\"_ _74\"> </span><span class=\"ls7 ws8\">5,9<span class=\"_ _8d\"> </span></span>3<span class=\"_ _5\"/>93<span class=\"_ _5\"/>,7<span class=\"_ _66\"> </span><span class=\"ls12 ws14\">4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _14\"> </span><span class=\"ls90 wsa4\">(475,6<span class=\"_ _5\"/>)<span class=\"_ _14a\"> </span></span></span>(4<span class=\"_ _5\"/>9<span class=\"_ _5\"/>9,7)<span class=\"_ _74\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _74\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf y94d ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PRODUITS</div>\n<div class=\"t m0 x7 hf y94e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">D'EXPLOIT<span class=\"_ _1\"/>A<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 xc8 h1b y94f ff7 fs8 fc3 sc0 ls4a ws54\" style=\"z-index: 15;\">2.<span class=\"_ _5\"/>193,<span class=\"_ _5\"/>3<span class=\"_ _70\"> </span><span class=\"ls20 ws22\">2.<span class=\"_ _5\"/>310,6<span class=\"_ _1c7\"> </span><span class=\"ls14 ws16\">614,<span class=\"_ _5\"/>1<span class=\"_ _39\"> </span><span class=\"lsd2 wsf2\">6<span class=\"_ _5\"/>3<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>7<span class=\"_ _114\"> </span></span>1.6<span class=\"_ _5\"/>61,6<span class=\"_ _70\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.459,<span class=\"_ _5\"/>8<span class=\"_ _e5\"> </span><span class=\"ls1d ws1f\">4<span class=\"_ _5\"/>04,2<span class=\"_ _1c7\"> </span><span class=\"lsd4 wsf5\">4<span class=\"_ _5\"/>26<span class=\"_ _5\"/>,7<span class=\"_ _8c\"> </span>(475<span class=\"_ _5\"/>,6)<span class=\"_ _8c\"> </span>(4<span class=\"_ _5\"/>99,7<span class=\"_ _5\"/>)<span class=\"_ _114\"> </span><span class=\"lsd2 wsf2\">4<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5<span class=\"_ _114\"> </span><span class=\"ls1f ws21\">4.3<span class=\"_ _5\"/>35,1</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y950 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges</div>\n<div class=\"t m0 x7 hd y951 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">d'exploitation</div>\n<div class=\"t m0 xde hd y950 ff4 fs8 fc2 sc0 ls23 ws25\" style=\"z-index: 15;\">1<span class=\"_ _5\"/>.914<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5<span class=\"_ _75\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.975,6<span class=\"_ _8d\"> </span><span class=\"ls9c ws4f\">561<span class=\"_ _5\"/>,5<span class=\"_ _88\"> </span><span class=\"ls2e ws30\">568,5<span class=\"_ _8c\"> </span><span class=\"ls16 ws18\">1.<span class=\"_ _5\"/>481,<span class=\"_ _5\"/>5<span class=\"_ _67\"> </span><span class=\"ls14 ws16\">1.<span class=\"_ _5\"/>30<span class=\"_ _5\"/>4,9<span class=\"_ _88\"> </span><span class=\"ls25 ws27\">363,0<span class=\"_ _88\"> </span><span class=\"ls18 ws1a\">38<span class=\"_ _5\"/>0,2<span class=\"_ _85\"> </span><span class=\"ls90 wsa4\">(475<span class=\"_ _5\"/>,6)<span class=\"_ _85\"> </span><span class=\"ls1b ws1d\">(4<span class=\"_ _5\"/>99,7<span class=\"_ _5\"/>)<span class=\"_ _8c\"> </span></span></span></span></span>3.84<span class=\"_ _5\"/>4,9<span class=\"_ _75\"> </span><span class=\"ls2f ws31\">3<span class=\"_ _5\"/>.7<span class=\"_ _5\"/>29<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y952 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9<span class=\"_ _5\"/>pr\u00e9c<span class=\"_ _5\"/>iati<span class=\"_ _5\"/>ons \u2013</div>\n<div class=\"t m0 x7 hd y953 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements</div>\n<div class=\"t m0 x11 hd y952 ff4 fs8 fc2 sc0 ls16 ws18\" style=\"z-index: 15;\">81,0<span class=\"_ _8e\"> </span><span class=\"ls14 ws16\">8<span class=\"_ _5\"/>4,1<span class=\"_ _e3\"> </span><span class=\"ls1d ws1f\">28,<span class=\"_ _5\"/>3<span class=\"_ _8e\"> </span><span class=\"ls1a ws1c\">24,6<span class=\"_ _8d\"> </span><span class=\"ls1b ws1d\">1<span class=\"_ _5\"/>0<span class=\"_ _5\"/>4,7<span class=\"_ _8e\"> </span></span></span></span>8<span class=\"_ _5\"/>4,0<span class=\"_ _8e\"> </span><span class=\"ls20 ws22\">75,2<span class=\"_ _71\"> </span>75,0<span class=\"_ _74\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _88\"> </span><span class=\"ls1d ws1f\">289,3<span class=\"_ _66\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf y954 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00c9SUL<span class=\"_ _3b\"/>TA<span class=\"_ _1\"/>T</div>\n<div class=\"t m0 x7 hf y955 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u2019EXPLOIT<span class=\"_ _1\"/>A<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x7 hf y956 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">(EBIT)</div>\n<div class=\"t m0 x16c h1b y957 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">1<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _1c7\"> </span><span class=\"ls14 ws16\">2<span class=\"_ _5\"/>50,9<span class=\"_ _e1\"> </span><span class=\"ls1d ws1f\">24,<span class=\"_ _5\"/>3<span class=\"_ _86\"> </span><span class=\"ls26 ws28\">4<span class=\"_ _5\"/>4,6<span class=\"_ _e1\"> </span><span class=\"ls43 ws4d\">75,<span class=\"_ _5\"/>4<span class=\"_ _e1\"> </span><span class=\"ls18 ws1a\">70,<span class=\"_ _5\"/>9<span class=\"_ _df\"> </span><span class=\"lsd8 wsfa\">(34,1<span class=\"_ _1\"/>)<span class=\"_ _df\"> </span><span class=\"ls90 wsa4\">(2<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _43\"> </span><span class=\"ls14 ws16\">0,<span class=\"_ _5\"/>0<span class=\"_ _6e\"> </span>0,0<span class=\"_ _18b\"> </span><span class=\"ls7 ws8\">26<span class=\"_ _5\"/>3,3<span class=\"_ _18b\"> </span><span class=\"ls1d ws1f\">338,0</span></span></span></span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y958 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Qu<span class=\"_ _5\"/>ote \u2013 par<span class=\"_ _5\"/>t dan<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y959 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>at des</div>\n<div class=\"t m0 x7 hd y95a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">entrepris<span class=\"_ _5\"/>es associ\u00e9es</div>\n<div class=\"t m0 x16d hd y95b ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _72\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _72\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _72\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0</div>\n<div class=\"t m0 x7 hd y95c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9\u00e9valuation d'actifs</div>\n<div class=\"t m0 x7 hd y95d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>n\u00e9s \u00e0 la v<span class=\"_ _5\"/>ente</div>\n<div class=\"t m0 x7 hd y95e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 la ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur</div>\n<div class=\"t m0 x7 hd y95f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dimi<span class=\"_ _5\"/>nu\u00e9e<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd y960 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la v<span class=\"_ _5\"/>ente</div>\n<div class=\"t m0 x16e hd y961 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(1,<span class=\"_ _5\"/>0)<span class=\"_ _8e\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _5\"/>)<span class=\"_ _e7\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _e3\"> </span><span class=\"ls17 ws19\">1<span class=\"_ _5\"/>9,5<span class=\"_ _74\"> </span></span></span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _e3\"> </span></span></span>(1,<span class=\"_ _5\"/>2)<span class=\"_ _71\"> </span><span class=\"ls3b ws43\">12,1</span></div>\n<div class=\"t m0 x7 hd y962 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9sultat financier<span class=\"_ _94\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,0<span class=\"_ _8e\"> </span>30,<span class=\"_ _5\"/>3<span class=\"_ _89\"> </span><span class=\"ls22 ws24\">(16<span class=\"_ _5\"/>,4)</span></span></div>\n<div class=\"t m0 x7 hd y963 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Imp\u00f4t<span class=\"_ _5\"/>s sur le<span class=\"_ _d\"/> r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _84\"> </span>0,0<span class=\"_ _74\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _72\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _92\"> </span>0,0<span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _e3\"> </span>6<span class=\"_ _5\"/>0,8<span class=\"_ _e3\"> </span><span class=\"ls26 ws28\">83,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hf y964 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00c9SUL<span class=\"_ _3b\"/>TA<span class=\"_ _1\"/>T DE L<span class=\"_ _1\"/>\u2019<span class=\"_ _1\"/>ANN\u00c9E</div>\n<div class=\"t m0 x7 hf y965 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">(EA<span class=\"_ _1\"/>T)</div>\n<div class=\"t m0 x113 h1b y966 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">19<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,7<span class=\"_ _18b\"> </span><span class=\"ls25 ws27\">243,5<span class=\"_ _e1\"> </span><span class=\"ls1d ws1f\">24,<span class=\"_ _5\"/>3<span class=\"_ _e1\"> </span><span class=\"ls26 ws28\">44,6<span class=\"_ _e1\"> </span><span class=\"ls43 ws4d\">75<span class=\"_ _5\"/>,4<span class=\"_ _e1\"> </span><span class=\"ls18 ws1a\">70<span class=\"_ _5\"/>,9<span class=\"_ _df\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3)<span class=\"_ _87\"> </span>(8<span class=\"_ _5\"/>,9)<span class=\"_ _72\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _43\"> </span>0,0<span class=\"_ _1c7\"> </span></span></span></span></span></span></span></span>2<span class=\"_ _5\"/>31<span class=\"_ _5\"/>,7<span class=\"_ _18b\"> </span><span class=\"ls14 ws16\">25<span class=\"_ _5\"/>0,2</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 96px; height: 536px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>ablea<span class=\"_ _5\"/>ux pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>s ci \u2013 des<span class=\"_ _5\"/>so<span class=\"_ _5\"/>us four<span class=\"_ _5\"/>niss<span class=\"_ _5\"/>ent une v<span class=\"_ _5\"/>ue d\u00e9t<span class=\"_ _5\"/>aill\u00e9<span class=\"_ _5\"/>e du reve<span class=\"_ _5\"/>nu de bpo<span class=\"_ _5\"/>st en f<span class=\"_ _5\"/>onc<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s avec le<span class=\"_ _5\"/>s client<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y4ba ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _1c8\"> </span><span class=\"ff7\">PRODUITS D'EXPL<span class=\"_ _d\"/>OITA<span class=\"_ _1\"/>TION EXTERNES<span class=\"_ _1c9\"> </span>CHIFFRE D'<span class=\"_ _1\"/>AFFAIRES</span></div>\n<div class=\"t m0 x7 hc y967 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _18a\"> </span><span class=\"ff7 fc0 lse ws10\">202<span class=\"_ _5\"/>2<span class=\"_ _ba\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _97\"> </span></span></span>\u00c9VOLUTION<span class=\"_ _ba\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _ba\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _97\"> </span></span></span>\u00c9VOLUTION</div>\n<div class=\"t m0 x7 hf y968 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BELGIUM</div>\n<div class=\"t m0 x16f h1b y969 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">2.<span class=\"_ _5\"/>140,6<span class=\"_ _1ca\"> </span><span class=\"ls9d wsaf\"> 2.250,8<span class=\"_ _1cb\"> </span><span class=\"ls1d ws1f\">-4,<span class=\"_ _5\"/>9%<span class=\"_ _90\"> </span><span class=\"ls0 ws0\"> 2<span class=\"_ _5\"/>.13<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>5<span class=\"_ _1ca\"> </span></span></span> 2.239<span class=\"_ _d\"/>,3<span class=\"_ _1cc\"> </span><span class=\"ls1d ws1f\">-4,<span class=\"_ _5\"/>8%</span></span></div>\n<div class=\"t m0 x7 hd y96a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansactional mail<span class=\"_ _1cd\"> </span><span class=\"ls2b ws2d\"> 731<span class=\"_ _5\"/>,5<span class=\"_ _11e\"> </span><span class=\"ls1d ws1f\"> 7<span class=\"_ _5\"/>36,<span class=\"_ _1\"/>7<span class=\"_ _ac\"> </span><span class=\"ls1b ws1d\">-<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,7%<span class=\"_ _ac\"> </span><span class=\"ls2b ws2d\"> 7<span class=\"_ _5\"/>31,1<span class=\"_ _eb\"> </span></span></span> 7<span class=\"_ _5\"/>36,0<span class=\"_ _11e\"> </span><span class=\"ls1b ws1d\">-<span class=\"_ _5\"/>0,7<span class=\"_ _5\"/>%</span></span></span></div>\n<div class=\"t m0 x7 hd y96b ff4 fs8 fc2 sc0 ls5a ws6e\" style=\"z-index: 15;\">Adver<span class=\"_ _5\"/>tisin<span class=\"_ _5\"/>g mail<span class=\"_ _1ce\"> </span><span class=\"ls12 ws14\"> 1<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>1<span class=\"_ _d4\"> </span> 1<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _d4\"> </span><span class=\"ls7 ws8\">-5,0%<span class=\"_ _1cf\"> </span></span> 1<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>1<span class=\"_ _d4\"> </span> 1<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _1cf\"> </span><span class=\"ls7 ws8\">-<span class=\"_ _5\"/>5,0%</span></span></div>\n<div class=\"t m0 x7 hd y96c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pre<span class=\"_ _5\"/>ss <span class=\"_ _1d0\"> </span><span class=\"ls3b ws43\"> 345,<span class=\"_ _5\"/>9<span class=\"_ _eb\"> </span><span class=\"ls13 ws15\"> 338<span class=\"_ _d\"/>,8<span class=\"_ _108\"> </span><span class=\"ls21 ws23\">2<span class=\"_ _5\"/>,<span class=\"_ _5\"/>1%<span class=\"_ _11e\"> </span><span class=\"ls17 ws19\"> 33<span class=\"_ _5\"/>9,3<span class=\"_ _11e\"> </span><span class=\"ls28 ws2a\"> 33<span class=\"_ _5\"/>2,6<span class=\"_ _ea\"> </span><span class=\"ls42 ws4c\">2,0%</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y96d ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Parcels Be<span class=\"_ _5\"/>lgium<span class=\"_ _9b\"> </span><span class=\"ls17 ws19\"> 4<span class=\"_ _5\"/>49,<span class=\"_ _5\"/>1<span class=\"_ _11e\"> </span><span class=\"ls12 ws14\"> 4<span class=\"_ _2\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _1cf\"> </span><span class=\"ls4a ws54\">-3<span class=\"_ _5\"/>,9%<span class=\"_ _11e\"> </span></span></span> 4<span class=\"_ _5\"/>49,1<span class=\"_ _ac\"> </span><span class=\"ls12 ws14\"> 4<span class=\"_ _2\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _1cf\"> </span><span class=\"ls4a ws54\">-3<span class=\"_ _5\"/>,9%</span></span></span></div>\n<div class=\"t m0 x7 hd y96e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prox<span class=\"_ _5\"/>imit<span class=\"_ _5\"/>y an<span class=\"_ _5\"/>d conven<span class=\"_ _5\"/>ienc<span class=\"_ _5\"/>e ret<span class=\"_ _5\"/>ail</div>\n<div class=\"t m0 x7 hd y96f ff4 fs8 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">net<span class=\"_ _5\"/>work</div>\n<div class=\"t m0 xb6 hd y96e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> 302,0<span class=\"_ _ac\"> </span><span class=\"ls12 ws14\"> 3<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5<span class=\"_ _b3\"> </span><span class=\"ls23 ws25\">-2<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>0%<span class=\"_ _ac\"> </span><span class=\"ls4b ws59\"> 3<span class=\"_ _5\"/>01,<span class=\"_ _5\"/>3<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\"> 393,1<span class=\"_ _10f\"> </span><span class=\"ls26 ws28\">-23,3%</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y970 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Valu<span class=\"_ _5\"/>e adde<span class=\"_ _5\"/>d se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices<span class=\"_ _13d\"> </span><span class=\"ls1a ws1c\"> 124,<span class=\"_ _5\"/>9<span class=\"_ _eb\"> </span><span class=\"ls43 ws4d\"> 113,<span class=\"_ _5\"/>5<span class=\"_ _eb\"> </span><span class=\"ls21 ws23\">10<span class=\"_ _5\"/>,<span class=\"_ _5\"/>1%<span class=\"_ _11e\"> </span></span></span> 124,<span class=\"_ _5\"/>5<span class=\"_ _11e\"> </span><span class=\"ls43 ws4d\"> 113<span class=\"_ _5\"/>,4<span class=\"_ _ea\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>9%</span></span></span></div>\n<div class=\"t m0 x7 hf y971 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">E-LOGIS<span class=\"_ _d\"/>TICS EURASIA</div>\n<div class=\"t m0 x45 h1b y972 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 59<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>5<span class=\"_ _1cb\"> </span> 6<span class=\"_ _5\"/>11,<span class=\"_ _5\"/>5<span class=\"_ _10a\"> </span><span class=\"ls20 ws22\">-3,<span class=\"_ _5\"/>4%<span class=\"_ _1cc\"> </span><span class=\"ls1d ws1f\"> 589,0<span class=\"_ _1cc\"> </span><span class=\"ls14 ws16\"> 610,6<span class=\"_ _10a\"> </span></span></span>-3<span class=\"_ _5\"/>,5%</span></div>\n<div class=\"t m0 x7 hd y973 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">E-commerce logistic<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 xb6 hd y974 ff4 fs8 fc2 sc0 ls16 ws18\" style=\"z-index: 15;\"> 273<span class=\"_ _5\"/>,0<span class=\"_ _11e\"> </span><span class=\"ls1b ws1d\"> 26<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,7<span class=\"_ _108\"> </span><span class=\"ls14 ws16\">1,6%<span class=\"_ _11e\"> </span><span class=\"ls0 ws0\"> 271<span class=\"_ _5\"/>,6<span class=\"_ _ac\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>9<span class=\"_ _af\"> </span><span class=\"ls1a ws1c\">1,4%</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd y975 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cro<span class=\"_ _5\"/>ss \u2013 bo<span class=\"_ _5\"/>rde<span class=\"_ _5\"/>r<span class=\"_ _1d1\"> </span><span class=\"ls12 ws14\"> 3<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>5<span class=\"_ _ac\"> </span><span class=\"ls2b ws2d\"> 3<span class=\"_ _5\"/>42,<span class=\"_ _5\"/>8<span class=\"_ _107\"> </span></span>-7,<span class=\"_ _5\"/>4<span class=\"_ _5\"/>%<span class=\"_ _107\"> </span> 3<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>4<span class=\"_ _1cf\"> </span><span class=\"ls2b ws2d\"> 3<span class=\"_ _5\"/>42,6<span class=\"_ _107\"> </span></span>-<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4%</span></div>\n<div class=\"t m0 x7 hf y976 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">E-LOGIS<span class=\"_ _d\"/>TICS NOR<span class=\"_ _d\"/>TH AMERICA</div>\n<div class=\"t m0 x111 h1b y977 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 1.<span class=\"_ _5\"/>655<span class=\"_ _5\"/>,9<span class=\"_ _1ca\"> </span> 1<span class=\"_ _5\"/>.4<span class=\"_ _5\"/>53,<span class=\"_ _5\"/>9<span class=\"_ _b3\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>9%<span class=\"_ _1ca\"> </span></span> 1<span class=\"_ _5\"/>.65<span class=\"_ _5\"/>0,6<span class=\"_ _1ca\"> </span> 1<span class=\"_ _5\"/>.43<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>5<span class=\"_ _b3\"> </span><span class=\"ls1f ws21\">1<span class=\"_ _5\"/>5,2%</span></div>\n<div class=\"t m0 x7 hd y978 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">E-commerce logistic<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x16f hd y979 ff4 fs8 fc2 sc0 ls5a ws6e\" style=\"z-index: 15;\"> 1.65<span class=\"_ _5\"/>5,9<span class=\"_ _94\"> </span><span class=\"lsbc ws51\"> 1<span class=\"_ _5\"/>.41<span class=\"_ _5\"/>1,7<span class=\"_ _11e\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _2\"/>3<span class=\"_ _5\"/>%<span class=\"_ _94\"> </span></span></span> 1.650,6<span class=\"_ _dd\"> </span><span class=\"ls23 ws25\"> 1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>391<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8<span class=\"_ _10a\"> </span><span class=\"ls28 ws2a\">18,6%</span></span></div>\n<div class=\"t m0 x7 hd y97a ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Internatio<span class=\"_ _5\"/>nal mail<span class=\"_ _23\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _10d\"> </span><span class=\"ls2b ws2d\"> 42,<span class=\"_ _5\"/>2<span class=\"_ _138\"> </span><span class=\"ls31 ws33\">-1<span class=\"_ _5\"/>0<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>%<span class=\"_ _b5\"> </span></span></span> 0,0<span class=\"_ _10d\"> </span><span class=\"ls1b ws1d\"> 4<span class=\"_ _5\"/>0,7<span class=\"_ _ef\"> </span><span class=\"ls31 ws33\">-10<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%</span></span></span></div>\n<div class=\"t m0 x7 hf y97b ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CORPOR<span class=\"_ _d\"/>A<span class=\"_ _d\"/>TE</div>\n<div class=\"t m0 x151 h1b y97c ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 10,<span class=\"_ _5\"/>5<span class=\"_ _ea\"> </span> 1<span class=\"_ _5\"/>8,9<span class=\"_ _94\"> </span><span class=\"ls27 ws29\">-44,<span class=\"_ _5\"/>3%<span class=\"_ _b5\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _7e\"> </span>0,0%</span></span></div>\n<div class=\"t m0 x7 hf y97d ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x111 h1b y97e ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> 4<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5<span class=\"_ _136\"> </span><span class=\"ls0 ws0\"> 4.3<span class=\"_ _5\"/>35,<span class=\"_ _5\"/>1<span class=\"_ _7e\"> </span><span class=\"ls14 ws16\">1,4%<span class=\"_ _1ca\"> </span></span> 4<span class=\"_ _5\"/>.37<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>0<span class=\"_ _90\"> </span> 4<span class=\"_ _5\"/>.2<span class=\"_ _5\"/>82<span class=\"_ _5\"/>,4<span class=\"_ _7e\"> </span><span class=\"lsd8 wsfa\">2,1<span class=\"_ _d\"/>%</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 660px; height: 422px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.<span class=\"_ _1\"/>7 <span class=\"_ _d9\"> </span>Chi<span class=\"_ _d\"/>f<span class=\"_ _5\"/>fre d<span class=\"_ _1\"/>'a<span class=\"_ _d\"/>f<span class=\"_ _5\"/>fai<span class=\"_ _d\"/>res</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Chi<span class=\"_ _5\"/>ff<span class=\"_ _5\"/>re d\u2019af<span class=\"_ _5\"/>faire<span class=\"_ _5\"/>s exc<span class=\"_ _5\"/>luant le<span class=\"_ _5\"/>s r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns SIEG<span class=\"_ _53\"> </span>4<span class=\"fsa\">.<span class=\"_ _5\"/></span><span class=\"ls17 ws19\">069,<span class=\"_ _5\"/>5<span class=\"_ _1db\"> </span></span>4<span class=\"fsa\">.</span><span class=\"ls28 ws2a\">0<span class=\"_ _5\"/>05,4</span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9mun\u00e9ration SIEG<span class=\"_ _1dc\"> </span><span class=\"ls28 ws2a\">302,6<span class=\"_ _128\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hf y993 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x27 h1b y994 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">4.<span class=\"_ _5\"/>372,0<span class=\"_ _1d8\"> </span><span class=\"ls49 ws57\">4.282,4</span></div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ann\u00e9<span class=\"_ _5\"/>e der<span class=\"_ _5\"/>ni\u00e8re<span class=\"_ _5\"/>, les rev<span class=\"_ _5\"/>enus on<span class=\"_ _5\"/>t augme<span class=\"_ _5\"/>nt\u00e9 de +89,7 mEUR<span class=\"_ _5\"/>, pour at<span class=\"_ _5\"/>tei<span class=\"_ _5\"/>ndre 4.<span class=\"_ _5\"/>372<span class=\"_ _5\"/>,0 mEUR<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s revenu<span class=\"_ _5\"/>s, ex<span class=\"_ _5\"/>cluant</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la r\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es SIEG e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t due \u00e0 l'augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion des r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s (218,1 m<span class=\"_ _5\"/>EUR) d'E-Lo<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>s Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>meri<span class=\"_ _5\"/>ca<span class=\"_ _5\"/>-malg<span class=\"_ _5\"/>r\u00e9 la ces<span class=\"_ _5\"/>sion</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de Th<span class=\"_ _5\"/>e Mail Gro<span class=\"_ _5\"/>up \u00e0 par<span class=\"_ _5\"/>tir d'ao<span class=\"_ _5\"/>\u00fbt 2021-re<span class=\"_ _5\"/>fl\u00e9<span class=\"_ _5\"/>tant pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt l'<span class=\"_ _d\"/>\u00e9vo<span class=\"_ _5\"/>lutio<span class=\"_ _5\"/>n des re<span class=\"_ _5\"/>venus d<span class=\"_ _5\"/>es nou<span class=\"_ _5\"/>veaux cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s de Radi<span class=\"_ _5\"/>al lanc\u00e9<span class=\"_ _5\"/>s en 2021<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Hor<span class=\"_ _5\"/>s d\u00e9co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>dation d<span class=\"_ _5\"/>'Ubiway R<span class=\"_ _5\"/>etail<span class=\"_ _5\"/>, les re<span class=\"_ _5\"/>venus s<span class=\"_ _5\"/>ont st<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s en Be<span class=\"_ _5\"/>lgique<span class=\"_ _5\"/>, avec une b<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>e du volum<span class=\"_ _5\"/>e de cour<span class=\"_ _5\"/>rier s<span class=\"_ _5\"/>ous-<span class=\"_ _5\"/>jacent d<span class=\"_ _5\"/>e -6<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>%,</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pre<span class=\"_ _5\"/>sque co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>s\u00e9e pa<span class=\"_ _5\"/>r un impac<span class=\"_ _5\"/>t pos<span class=\"_ _5\"/>itif pr<span class=\"_ _5\"/>ix<span class=\"_ _5\"/>/<span class=\"_ _d\"/>mi<span class=\"_ _5\"/>x, un volu<span class=\"_ _5\"/>me de coli<span class=\"_ _5\"/>s en bais<span class=\"_ _5\"/>se de -7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>5% (ou +<span class=\"_ _1\"/>1,<span class=\"_ _5\"/>0%<span class=\"_ _5\"/>, en excl<span class=\"_ _5\"/>uant l'impa<span class=\"_ _5\"/>ct de l'in<span class=\"_ _5\"/>terna<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>A<span class=\"_ _5\"/>mazon) et l'imp<span class=\"_ _5\"/>act p<span class=\"_ _5\"/>rix<span class=\"_ _5\"/>/mix de 3,<span class=\"_ _5\"/>6%. L<span class=\"_ _5\"/>es reve<span class=\"_ _5\"/>nus d'E-<span class=\"_ _5\"/>Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eura<span class=\"_ _5\"/>sia ont dimi<span class=\"_ _5\"/>nu\u00e9 (-21,6 mEUR), pri<span class=\"_ _5\"/>ncipale<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de la ba<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>e des</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">volum<span class=\"_ _5\"/>es asia<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s, qui o<span class=\"_ _5\"/>nt subi l\u2019i<span class=\"_ _5\"/>mpac<span class=\"_ _5\"/>t au pre<span class=\"_ _5\"/>mier se<span class=\"_ _5\"/>mes<span class=\"_ _5\"/>tre 20<span class=\"_ _5\"/>22 de la n<span class=\"_ _5\"/>ouvel<span class=\"_ _5\"/>le r\u00e9gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>n mati\u00e8<span class=\"_ _5\"/>re de T<span class=\"_ _5\"/>VA en vig<span class=\"_ _5\"/>ueur de<span class=\"_ _5\"/>puis le 1er</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">juille<span class=\"_ _5\"/>t 2021 et d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>batio<span class=\"_ _5\"/>ns de la ch<span class=\"_ _5\"/>a\u00eene d\u2019appr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>nnem<span class=\"_ _5\"/>ent en Ch<span class=\"_ _5\"/>ine.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on des S<span class=\"_ _5\"/>IEG est p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt\u00e9e s<span class=\"_ _5\"/>ous la r<span class=\"_ _5\"/>ubri<span class=\"_ _5\"/>que \u201cPre<span class=\"_ _5\"/>ss and P<span class=\"_ _5\"/>roximit<span class=\"_ _5\"/>y an<span class=\"_ _5\"/>d conveni<span class=\"_ _5\"/>ence re<span class=\"_ _5\"/>tail ne<span class=\"_ _5\"/>two<span class=\"_ _5\"/>rk<span class=\"_ _5\"/>\u201d sous le s<span class=\"_ _5\"/>egme<span class=\"_ _5\"/>nt \u201cBe<span class=\"_ _5\"/>lgium\u201d<span class=\"_ _d\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 747px; height: 335px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag166": {
   "value": "\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a yb ffc fs11 fc2 sc0 ls53 ws99\" style=\"z-index: 15;\">6.8 <span class=\"_ _de\"> </span>Autres<span class=\"_ _5\"/> produ<span class=\"_ _d\"/>it<span class=\"_ _5\"/>s d\u2019<span class=\"_ _3b\"/>exploitation</div>\n<div class=\"t m0 x7 hb y42c ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y995 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y996 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Produit de cessions d\u2019immobilisations corporelles<span class=\"_ _1dd\"> </span><span class=\"ls1d ws1f\">6,5<span class=\"_ _1de\"> </span><span class=\"ls3b ws43\">15,1</span></span></div>\n<div class=\"t m0 x7 hd y997 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit d<span class=\"_ _5\"/>e cess<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s de The M<span class=\"_ _5\"/>ail Gr<span class=\"_ _5\"/>oup<span class=\"_ _1df\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1e0\"> </span><span class=\"ls14 ws16\">1,4</span></span></div>\n<div class=\"t m0 x7 hd y998 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rev<span class=\"_ _5\"/>enus lo<span class=\"_ _5\"/>cat<span class=\"_ _5\"/>ifs d<span class=\"_ _5\"/>\u00e9coul<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s imme<span class=\"_ _5\"/>uble<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>ceme<span class=\"_ _5\"/>nt<span class=\"_ _60\"> </span><span class=\"ls18 ws1a\">0,5<span class=\"_ _1e0\"> </span>0,6</span></div>\n<div class=\"t m0 x7 hd y999 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9cup\u00e9ratio<span class=\"_ _5\"/>n<span class=\"_ _d\"/> assur<span class=\"_ _5\"/>ances  \u2013<span class=\"_ _d\"/>  Ran\u00e7ongiciel Radial US<span class=\"_ _15f\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _13e\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd y99a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Revenus de tiers<span class=\"_ _1e1\"> </span><span class=\"ls1b ws1d\">9,7<span class=\"_ _1e0\"> </span><span class=\"ls2e ws30\">8,2</span></span></div>\n<div class=\"t m0 x7 hd y99b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Gai<span class=\"_ _5\"/>ns sur ea<span class=\"_ _5\"/>rn \u2013 ou<span class=\"_ _5\"/>ts MC<span class=\"_ _5\"/>S &amp; Atoz<span class=\"_ _19d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1e0\"> </span>0,6</span></div>\n<div class=\"t m0 x7 hd y99c ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres revenus Retail<span class=\"_ _175\"> </span><span class=\"ls18 ws1a\">0,6<span class=\"_ _1e0\"> </span><span class=\"ls28 ws2a\">3,4</span></span></div>\n<div class=\"t m0 x7 hd y99d ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _98\"> </span><span class=\"ls2e ws30\">8,3<span class=\"_ _23\"> </span><span class=\"ls28 ws2a\">18<span class=\"_ _5\"/>,0</span></span></div>\n<div class=\"t m0 x7 hf y99e ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x55 h1b y99f ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">25,<span class=\"_ _5\"/>5<span class=\"_ _1e2\"> </span><span class=\"lsd4 wsf5\">52<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains sur l<span class=\"_ _5\"/>a cess<span class=\"_ _5\"/>ion d'imm<span class=\"_ _5\"/>obilis<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s corp<span class=\"_ _5\"/>orelle<span class=\"_ _5\"/>s ont dim<span class=\"_ _5\"/>inu\u00e9 de -<span class=\"_ _5\"/>8,7 mEUR en r<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n de la bais<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s reve<span class=\"_ _5\"/>nus sur la ve<span class=\"_ _5\"/>nte de b\u00e2t<span class=\"_ _5\"/>iment<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>2 par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 2<span class=\"_ _5\"/>021.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En oc<span class=\"_ _5\"/>tobr<span class=\"_ _5\"/>e 2020, Rad<span class=\"_ _5\"/>ial Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica a sub<span class=\"_ _5\"/>i une at<span class=\"_ _5\"/>taq<span class=\"_ _5\"/>ue infor<span class=\"_ _5\"/>matiq<span class=\"_ _5\"/>ue avec de<span class=\"_ _5\"/>mande d<span class=\"_ _5\"/>e ran\u00e7o<span class=\"_ _5\"/>n, qui a eu d<span class=\"_ _5\"/>es r\u00e9<span class=\"_ _5\"/>percu<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sur une p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de se<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>ons am\u00e9<span class=\"_ _5\"/>ric<span class=\"_ _5\"/>aines<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'at<span class=\"_ _5\"/>taq<span class=\"_ _5\"/>ue et le vir<span class=\"_ _5\"/>us n'ont pas p<span class=\"_ _5\"/>ermi<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>f<span class=\"_ _5\"/>iltrer o<span class=\"_ _5\"/>u de vole<span class=\"_ _5\"/>r des do<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s et ri<span class=\"_ _5\"/>en n'indiqu<span class=\"_ _5\"/>e qu'un client o<span class=\"_ _5\"/>u des</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">don<span class=\"_ _5\"/>n\u00e9es p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>sonne<span class=\"_ _5\"/>lles ai<span class=\"_ _5\"/>ent fui<span class=\"_ _5\"/>t\u00e9 des s<span class=\"_ _5\"/>yst\u00e8<span class=\"_ _5\"/>mes d<span class=\"_ _5\"/>e Radial N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eric<span class=\"_ _5\"/>a. Ra<span class=\"_ _5\"/>dial Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica di<span class=\"_ _5\"/>spos<span class=\"_ _5\"/>e de deu<span class=\"_ _5\"/>x niveau<span class=\"_ _5\"/>x de couve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ture de c<span class=\"_ _5\"/>y-</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">be<span class=\"_ _5\"/>ras<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce, gr<span class=\"_ _5\"/>\u00e2ce auxqu<span class=\"_ _5\"/>elles l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>e a pu r\u00e9c<span class=\"_ _5\"/>up\u00e9re<span class=\"_ _5\"/>r la tota<span class=\"_ _5\"/>lit\u00e9 du mon<span class=\"_ _5\"/>tant m<span class=\"_ _5\"/>entio<span class=\"_ _5\"/>nn\u00e9 dans l<span class=\"_ _5\"/>a police d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce prim<span class=\"_ _5\"/>aire et a o<span class=\"_ _5\"/>btenu</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">10,0 mUSD e<span class=\"_ _5\"/>n 2021 de<span class=\"_ _5\"/>s compag<span class=\"_ _5\"/>nies d'as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce, dont u<span class=\"_ _5\"/>ne par<span class=\"_ _5\"/>t pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t li\u00e9e \u00e0 la p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>turb<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s a \u00e9t<span class=\"_ _5\"/>\u00e9 compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9e sou<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s produ<span class=\"_ _5\"/>its d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xplo<span class=\"_ _5\"/>itati<span class=\"_ _5\"/>on, alo<span class=\"_ _5\"/>rs que la r<span class=\"_ _5\"/>\u00e9cup<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion a \u00e9t\u00e9 co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans la d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des fr<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s de tier<span class=\"_ _5\"/>s cons<span class=\"_ _5\"/>isten<span class=\"_ _5\"/>t prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment en l<span class=\"_ _5\"/>e rembo<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices ann<span class=\"_ _5\"/>exes p<span class=\"_ _5\"/>ar des t<span class=\"_ _5\"/>iers e<span class=\"_ _5\"/>t en les v<span class=\"_ _5\"/>entes da<span class=\"_ _5\"/>ns les re<span class=\"_ _5\"/>st<span class=\"_ _5\"/>auran<span class=\"_ _5\"/>ts de</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">bpost<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uits d<span class=\"_ _5\"/>e la vente a<span class=\"_ _5\"/>u d\u00e9ta<span class=\"_ _5\"/>il se comp<span class=\"_ _5\"/>osen<span class=\"_ _5\"/>t prin<span class=\"_ _5\"/>cipalem<span class=\"_ _5\"/>ent de p<span class=\"_ _5\"/>roduit<span class=\"_ _5\"/>s no<span class=\"_ _5\"/>n sp\u00e9<span class=\"_ _5\"/>cifi<span class=\"_ _5\"/>ques da<span class=\"_ _5\"/>ns le cana<span class=\"_ _5\"/>l de vente a<span class=\"_ _5\"/>u d\u00e9ta<span class=\"_ _5\"/>il, qui ne</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">font pas part<span class=\"_ _5\"/>ie<span class=\"_ _d\"/> de l'activit\u00e9 ordinaire de bpost. La diminution s'explique principalement par la vent<span class=\"_ _d\"/>e d'Ubiway Retail fin f\u00e9vrier 2022<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 177px; height: 530px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 177px; height: 530px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.9 <span class=\"_ _de\"> </span>Autres ch<span class=\"_ _d\"/>arges d<span class=\"_ _d\"/>\u2019<span class=\"_ _1\"/>exploita<span class=\"_ _d\"/>tion</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _1de\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9a0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions<span class=\"_ _1e3\"> </span><span class=\"ls18 ws1a\">0,9<span class=\"_ _1de\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd y9a1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>axe<span class=\"_ _5\"/>s loc<span class=\"_ _5\"/>ales<span class=\"_ _5\"/>, pr\u00e9<span class=\"_ _5\"/>comp<span class=\"_ _5\"/>te immo<span class=\"_ _5\"/>bilie<span class=\"_ _5\"/>r et au<span class=\"_ _5\"/>tres i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s<span class=\"_ _1e4\"> </span><span class=\"ls7 ws8\">15,<span class=\"_ _5\"/>2<span class=\"_ _1de\"> </span><span class=\"ls25 ws27\">28,0</span></span></div>\n<div class=\"t m0 x7 hd y9a2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur sur cr\u00e9ances c<span class=\"_ _d\"/>ommerciales et refac<span class=\"_ _5\"/>turation<span class=\"_ _151\"> </span><span class=\"ls17 ws19\">1<span class=\"_ _5\"/>9,4<span class=\"_ _1e0\"> </span><span class=\"ls26 ws28\">3,3</span></span></div>\n<div class=\"t m0 x7 hd y9a3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Moi<span class=\"_ _5\"/>ns \u2013 val<span class=\"_ _5\"/>ues su<span class=\"_ _5\"/>r immo<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns cor<span class=\"_ _5\"/>por<span class=\"_ _5\"/>elle<span class=\"_ _5\"/>s<span class=\"_ _188\"> </span><span class=\"ls14 ws16\">4,5<span class=\"_ _1de\"> </span></span>(0,0)</div>\n<div class=\"t m0 x7 hd y9a4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres provisions<span class=\"_ _1e5\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _1e0\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hf y9a5 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x55 h1b y9a6 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">39,<span class=\"_ _5\"/>9<span class=\"_ _23\"> </span><span class=\"lsd4 wsf5\">35<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res cha<span class=\"_ _5\"/>rges d'ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation s'ex<span class=\"_ _5\"/>plique p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par un<span class=\"_ _5\"/>e augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s d\u00e9pr\u00e9<span class=\"_ _5\"/>ciati<span class=\"_ _5\"/>ons de cr<span class=\"_ _5\"/>\u00e9ances</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>erciale<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s ces<span class=\"_ _5\"/>sions d'im<span class=\"_ _5\"/>mobili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles<span class=\"_ _5\"/>, cer<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>s entre<span class=\"_ _5\"/>p\u00f4t<span class=\"_ _5\"/>s ayant \u00e9<span class=\"_ _5\"/>t\u00e9 ferm<span class=\"_ _5\"/>\u00e9s che<span class=\"_ _5\"/>z Radia<span class=\"_ _5\"/>l Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>meri<span class=\"_ _5\"/>ca. Ce<span class=\"_ _5\"/>tte</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion a \u00e9<span class=\"_ _5\"/>t\u00e9 par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>llemen<span class=\"_ _5\"/>t compe<span class=\"_ _5\"/>ns\u00e9e p<span class=\"_ _5\"/>ar une bai<span class=\"_ _5\"/>sse d<span class=\"_ _5\"/>es imp<span class=\"_ _5\"/>\u00f4ts lo<span class=\"_ _5\"/>cau<span class=\"_ _5\"/>x, de<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s immo<span class=\"_ _5\"/>bilier<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es ta<span class=\"_ _5\"/>xes, e<span class=\"_ _5\"/>lle \u2013 m\u00eam<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>ue au re<span class=\"_ _5\"/>couvr<span class=\"_ _5\"/>ement s<span class=\"_ _5\"/>up\u00e9r<span class=\"_ _5\"/>ieur d<span class=\"_ _5\"/>e la T<span class=\"_ _5\"/>VA en 2022 l<span class=\"_ _5\"/>ors de l<span class=\"_ _5\"/>a r\u00e9vis<span class=\"_ _5\"/>ion annu<span class=\"_ _5\"/>elle du t<span class=\"_ _5\"/>aux de T<span class=\"_ _5\"/>VA<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es r\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ions</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de va<span class=\"_ _5\"/>leur sur le<span class=\"_ _5\"/>s cr\u00e9an<span class=\"_ _5\"/>ces comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les s'expl<span class=\"_ _5\"/>ique pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t par cer<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>ins litig<span class=\"_ _5\"/>es avec d<span class=\"_ _5\"/>es clie<span class=\"_ _5\"/>nts r<span class=\"_ _5\"/>\u00e9sili<span class=\"_ _5\"/>\u00e9s che<span class=\"_ _5\"/>z Radial N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>ca</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et pa<span class=\"_ _5\"/>r la d\u00e9pr<span class=\"_ _5\"/>\u00e9ciat<span class=\"_ _5\"/>ion de la cr<span class=\"_ _5\"/>\u00e9ance li\u00e9<span class=\"_ _5\"/>e \u00e0 la vent<span class=\"_ _5\"/>e de The Mai<span class=\"_ _5\"/>l Group. En 20<span class=\"_ _5\"/>21, bpo<span class=\"_ _5\"/>st US Hol<span class=\"_ _5\"/>dings a ve<span class=\"_ _5\"/>ndu Th<span class=\"_ _5\"/>e Mail Gro<span class=\"_ _5\"/>up \u00e0 Arch<span class=\"_ _5\"/>itec<span class=\"_ _5\"/>t Equit<span class=\"_ _5\"/>y.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le c<span class=\"_ _5\"/>adre d<span class=\"_ _5\"/>e cet<span class=\"_ _5\"/>te tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t US Hold<span class=\"_ _5\"/>ings a \u00e9m<span class=\"_ _5\"/>is une note d<span class=\"_ _5\"/>e vente sub<span class=\"_ _5\"/>ordo<span class=\"_ _5\"/>nn\u00e9e p<span class=\"_ _5\"/>our un mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e 2,<span class=\"_ _5\"/>5 mUSD. Une par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e du</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant d\u00fb n'ayant pa<span class=\"_ _5\"/>s \u00e9t\u00e9 rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>s\u00e9e e<span class=\"_ _5\"/>n 2022<span class=\"_ _5\"/>, la note de ve<span class=\"_ _5\"/>nte tota<span class=\"_ _5\"/>le de 2,<span class=\"_ _5\"/>5 mUSD a ent<span class=\"_ _5\"/>i\u00e8re<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>t\u00e9 provi<span class=\"_ _5\"/>sionn<span class=\"_ _5\"/>\u00e9e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 732px; height: 350px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 732px; height: 350px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag153": {
   "value": "\n<div class=\"t m0 x5 h1a yb ffc fs11 fc2 sc0 ls53 ws99\" style=\"z-index: 15;\">6.8 <span class=\"_ _de\"> </span>Autres<span class=\"_ _5\"/> produ<span class=\"_ _d\"/>it<span class=\"_ _5\"/>s d\u2019<span class=\"_ _3b\"/>exploitation</div>\n<div class=\"t m0 x7 hb y42c ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y995 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y996 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Produit de cessions d\u2019immobilisations corporelles<span class=\"_ _1dd\"> </span><span class=\"ls1d ws1f\">6,5<span class=\"_ _1de\"> </span><span class=\"ls3b ws43\">15,1</span></span></div>\n<div class=\"t m0 x7 hd y997 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit d<span class=\"_ _5\"/>e cess<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s de The M<span class=\"_ _5\"/>ail Gr<span class=\"_ _5\"/>oup<span class=\"_ _1df\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1e0\"> </span><span class=\"ls14 ws16\">1,4</span></span></div>\n<div class=\"t m0 x7 hd y998 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rev<span class=\"_ _5\"/>enus lo<span class=\"_ _5\"/>cat<span class=\"_ _5\"/>ifs d<span class=\"_ _5\"/>\u00e9coul<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s imme<span class=\"_ _5\"/>uble<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>ceme<span class=\"_ _5\"/>nt<span class=\"_ _60\"> </span><span class=\"ls18 ws1a\">0,5<span class=\"_ _1e0\"> </span>0,6</span></div>\n<div class=\"t m0 x7 hd y999 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9cup\u00e9ratio<span class=\"_ _5\"/>n<span class=\"_ _d\"/> assur<span class=\"_ _5\"/>ances  \u2013<span class=\"_ _d\"/>  Ran\u00e7ongiciel Radial US<span class=\"_ _15f\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _13e\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd y99a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Revenus de tiers<span class=\"_ _1e1\"> </span><span class=\"ls1b ws1d\">9,7<span class=\"_ _1e0\"> </span><span class=\"ls2e ws30\">8,2</span></span></div>\n<div class=\"t m0 x7 hd y99b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Gai<span class=\"_ _5\"/>ns sur ea<span class=\"_ _5\"/>rn \u2013 ou<span class=\"_ _5\"/>ts MC<span class=\"_ _5\"/>S &amp; Atoz<span class=\"_ _19d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1e0\"> </span>0,6</span></div>\n<div class=\"t m0 x7 hd y99c ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres revenus Retail<span class=\"_ _175\"> </span><span class=\"ls18 ws1a\">0,6<span class=\"_ _1e0\"> </span><span class=\"ls28 ws2a\">3,4</span></span></div>\n<div class=\"t m0 x7 hd y99d ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _98\"> </span><span class=\"ls2e ws30\">8,3<span class=\"_ _23\"> </span><span class=\"ls28 ws2a\">18<span class=\"_ _5\"/>,0</span></span></div>\n<div class=\"t m0 x7 hf y99e ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x55 h1b y99f ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">25,<span class=\"_ _5\"/>5<span class=\"_ _1e2\"> </span><span class=\"lsd4 wsf5\">52<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les g<span class=\"_ _5\"/>ains sur l<span class=\"_ _5\"/>a cess<span class=\"_ _5\"/>ion d'imm<span class=\"_ _5\"/>obilis<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s corp<span class=\"_ _5\"/>orelle<span class=\"_ _5\"/>s ont dim<span class=\"_ _5\"/>inu\u00e9 de -<span class=\"_ _5\"/>8,7 mEUR en r<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n de la bais<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s reve<span class=\"_ _5\"/>nus sur la ve<span class=\"_ _5\"/>nte de b\u00e2t<span class=\"_ _5\"/>iment<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>2 par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 2<span class=\"_ _5\"/>021.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En oc<span class=\"_ _5\"/>tobr<span class=\"_ _5\"/>e 2020, Rad<span class=\"_ _5\"/>ial Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica a sub<span class=\"_ _5\"/>i une at<span class=\"_ _5\"/>taq<span class=\"_ _5\"/>ue infor<span class=\"_ _5\"/>matiq<span class=\"_ _5\"/>ue avec de<span class=\"_ _5\"/>mande d<span class=\"_ _5\"/>e ran\u00e7o<span class=\"_ _5\"/>n, qui a eu d<span class=\"_ _5\"/>es r\u00e9<span class=\"_ _5\"/>percu<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sur une p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de se<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>ons am\u00e9<span class=\"_ _5\"/>ric<span class=\"_ _5\"/>aines<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'at<span class=\"_ _5\"/>taq<span class=\"_ _5\"/>ue et le vir<span class=\"_ _5\"/>us n'ont pas p<span class=\"_ _5\"/>ermi<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>f<span class=\"_ _5\"/>iltrer o<span class=\"_ _5\"/>u de vole<span class=\"_ _5\"/>r des do<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s et ri<span class=\"_ _5\"/>en n'indiqu<span class=\"_ _5\"/>e qu'un client o<span class=\"_ _5\"/>u des</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">don<span class=\"_ _5\"/>n\u00e9es p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>sonne<span class=\"_ _5\"/>lles ai<span class=\"_ _5\"/>ent fui<span class=\"_ _5\"/>t\u00e9 des s<span class=\"_ _5\"/>yst\u00e8<span class=\"_ _5\"/>mes d<span class=\"_ _5\"/>e Radial N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eric<span class=\"_ _5\"/>a. Ra<span class=\"_ _5\"/>dial Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica di<span class=\"_ _5\"/>spos<span class=\"_ _5\"/>e de deu<span class=\"_ _5\"/>x niveau<span class=\"_ _5\"/>x de couve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ture de c<span class=\"_ _5\"/>y-</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">be<span class=\"_ _5\"/>ras<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce, gr<span class=\"_ _5\"/>\u00e2ce auxqu<span class=\"_ _5\"/>elles l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>e a pu r\u00e9c<span class=\"_ _5\"/>up\u00e9re<span class=\"_ _5\"/>r la tota<span class=\"_ _5\"/>lit\u00e9 du mon<span class=\"_ _5\"/>tant m<span class=\"_ _5\"/>entio<span class=\"_ _5\"/>nn\u00e9 dans l<span class=\"_ _5\"/>a police d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce prim<span class=\"_ _5\"/>aire et a o<span class=\"_ _5\"/>btenu</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">10,0 mUSD e<span class=\"_ _5\"/>n 2021 de<span class=\"_ _5\"/>s compag<span class=\"_ _5\"/>nies d'as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce, dont u<span class=\"_ _5\"/>ne par<span class=\"_ _5\"/>t pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t li\u00e9e \u00e0 la p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>turb<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s a \u00e9t<span class=\"_ _5\"/>\u00e9 compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9e sou<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s produ<span class=\"_ _5\"/>its d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>xplo<span class=\"_ _5\"/>itati<span class=\"_ _5\"/>on, alo<span class=\"_ _5\"/>rs que la r<span class=\"_ _5\"/>\u00e9cup<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion a \u00e9t\u00e9 co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans la d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des fr<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s de tier<span class=\"_ _5\"/>s cons<span class=\"_ _5\"/>isten<span class=\"_ _5\"/>t prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment en l<span class=\"_ _5\"/>e rembo<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices ann<span class=\"_ _5\"/>exes p<span class=\"_ _5\"/>ar des t<span class=\"_ _5\"/>iers e<span class=\"_ _5\"/>t en les v<span class=\"_ _5\"/>entes da<span class=\"_ _5\"/>ns les re<span class=\"_ _5\"/>st<span class=\"_ _5\"/>auran<span class=\"_ _5\"/>ts de</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">bpost<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uits d<span class=\"_ _5\"/>e la vente a<span class=\"_ _5\"/>u d\u00e9ta<span class=\"_ _5\"/>il se comp<span class=\"_ _5\"/>osen<span class=\"_ _5\"/>t prin<span class=\"_ _5\"/>cipalem<span class=\"_ _5\"/>ent de p<span class=\"_ _5\"/>roduit<span class=\"_ _5\"/>s no<span class=\"_ _5\"/>n sp\u00e9<span class=\"_ _5\"/>cifi<span class=\"_ _5\"/>ques da<span class=\"_ _5\"/>ns le cana<span class=\"_ _5\"/>l de vente a<span class=\"_ _5\"/>u d\u00e9ta<span class=\"_ _5\"/>il, qui ne</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">font pas part<span class=\"_ _5\"/>ie<span class=\"_ _d\"/> de l'activit\u00e9 ordinaire de bpost. La diminution s'explique principalement par la vent<span class=\"_ _d\"/>e d'Ubiway Retail fin f\u00e9vrier 2022<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 177px; height: 530px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag167": {
   "value": "\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.9 <span class=\"_ _de\"> </span>Autres ch<span class=\"_ _d\"/>arges d<span class=\"_ _d\"/>\u2019<span class=\"_ _1\"/>exploita<span class=\"_ _d\"/>tion</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _1de\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9a0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions<span class=\"_ _1e3\"> </span><span class=\"ls18 ws1a\">0,9<span class=\"_ _1de\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd y9a1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>axe<span class=\"_ _5\"/>s loc<span class=\"_ _5\"/>ales<span class=\"_ _5\"/>, pr\u00e9<span class=\"_ _5\"/>comp<span class=\"_ _5\"/>te immo<span class=\"_ _5\"/>bilie<span class=\"_ _5\"/>r et au<span class=\"_ _5\"/>tres i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s<span class=\"_ _1e4\"> </span><span class=\"ls7 ws8\">15,<span class=\"_ _5\"/>2<span class=\"_ _1de\"> </span><span class=\"ls25 ws27\">28,0</span></span></div>\n<div class=\"t m0 x7 hd y9a2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur sur cr\u00e9ances c<span class=\"_ _d\"/>ommerciales et refac<span class=\"_ _5\"/>turation<span class=\"_ _151\"> </span><span class=\"ls17 ws19\">1<span class=\"_ _5\"/>9,4<span class=\"_ _1e0\"> </span><span class=\"ls26 ws28\">3,3</span></span></div>\n<div class=\"t m0 x7 hd y9a3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Moi<span class=\"_ _5\"/>ns \u2013 val<span class=\"_ _5\"/>ues su<span class=\"_ _5\"/>r immo<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns cor<span class=\"_ _5\"/>por<span class=\"_ _5\"/>elle<span class=\"_ _5\"/>s<span class=\"_ _188\"> </span><span class=\"ls14 ws16\">4,5<span class=\"_ _1de\"> </span></span>(0,0)</div>\n<div class=\"t m0 x7 hd y9a4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres provisions<span class=\"_ _1e5\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _1e0\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hf y9a5 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x55 h1b y9a6 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">39,<span class=\"_ _5\"/>9<span class=\"_ _23\"> </span><span class=\"lsd4 wsf5\">35<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res cha<span class=\"_ _5\"/>rges d'ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation s'ex<span class=\"_ _5\"/>plique p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par un<span class=\"_ _5\"/>e augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s d\u00e9pr\u00e9<span class=\"_ _5\"/>ciati<span class=\"_ _5\"/>ons de cr<span class=\"_ _5\"/>\u00e9ances</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>erciale<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s ces<span class=\"_ _5\"/>sions d'im<span class=\"_ _5\"/>mobili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles<span class=\"_ _5\"/>, cer<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>s entre<span class=\"_ _5\"/>p\u00f4t<span class=\"_ _5\"/>s ayant \u00e9<span class=\"_ _5\"/>t\u00e9 ferm<span class=\"_ _5\"/>\u00e9s che<span class=\"_ _5\"/>z Radia<span class=\"_ _5\"/>l Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>meri<span class=\"_ _5\"/>ca. Ce<span class=\"_ _5\"/>tte</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion a \u00e9<span class=\"_ _5\"/>t\u00e9 par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>llemen<span class=\"_ _5\"/>t compe<span class=\"_ _5\"/>ns\u00e9e p<span class=\"_ _5\"/>ar une bai<span class=\"_ _5\"/>sse d<span class=\"_ _5\"/>es imp<span class=\"_ _5\"/>\u00f4ts lo<span class=\"_ _5\"/>cau<span class=\"_ _5\"/>x, de<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s immo<span class=\"_ _5\"/>bilier<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es ta<span class=\"_ _5\"/>xes, e<span class=\"_ _5\"/>lle \u2013 m\u00eam<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>ue au re<span class=\"_ _5\"/>couvr<span class=\"_ _5\"/>ement s<span class=\"_ _5\"/>up\u00e9r<span class=\"_ _5\"/>ieur d<span class=\"_ _5\"/>e la T<span class=\"_ _5\"/>VA en 2022 l<span class=\"_ _5\"/>ors de l<span class=\"_ _5\"/>a r\u00e9vis<span class=\"_ _5\"/>ion annu<span class=\"_ _5\"/>elle du t<span class=\"_ _5\"/>aux de T<span class=\"_ _5\"/>VA<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es r\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ions</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de va<span class=\"_ _5\"/>leur sur le<span class=\"_ _5\"/>s cr\u00e9an<span class=\"_ _5\"/>ces comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les s'expl<span class=\"_ _5\"/>ique pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t par cer<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>ins litig<span class=\"_ _5\"/>es avec d<span class=\"_ _5\"/>es clie<span class=\"_ _5\"/>nts r<span class=\"_ _5\"/>\u00e9sili<span class=\"_ _5\"/>\u00e9s che<span class=\"_ _5\"/>z Radial N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>ca</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et pa<span class=\"_ _5\"/>r la d\u00e9pr<span class=\"_ _5\"/>\u00e9ciat<span class=\"_ _5\"/>ion de la cr<span class=\"_ _5\"/>\u00e9ance li\u00e9<span class=\"_ _5\"/>e \u00e0 la vent<span class=\"_ _5\"/>e de The Mai<span class=\"_ _5\"/>l Group. En 20<span class=\"_ _5\"/>21, bpo<span class=\"_ _5\"/>st US Hol<span class=\"_ _5\"/>dings a ve<span class=\"_ _5\"/>ndu Th<span class=\"_ _5\"/>e Mail Gro<span class=\"_ _5\"/>up \u00e0 Arch<span class=\"_ _5\"/>itec<span class=\"_ _5\"/>t Equit<span class=\"_ _5\"/>y.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le c<span class=\"_ _5\"/>adre d<span class=\"_ _5\"/>e cet<span class=\"_ _5\"/>te tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t US Hold<span class=\"_ _5\"/>ings a \u00e9m<span class=\"_ _5\"/>is une note d<span class=\"_ _5\"/>e vente sub<span class=\"_ _5\"/>ordo<span class=\"_ _5\"/>nn\u00e9e p<span class=\"_ _5\"/>our un mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e 2,<span class=\"_ _5\"/>5 mUSD. Une par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e du</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant d\u00fb n'ayant pa<span class=\"_ _5\"/>s \u00e9t\u00e9 rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>s\u00e9e e<span class=\"_ _5\"/>n 2022<span class=\"_ _5\"/>, la note de ve<span class=\"_ _5\"/>nte tota<span class=\"_ _5\"/>le de 2,<span class=\"_ _5\"/>5 mUSD a ent<span class=\"_ _5\"/>i\u00e8re<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>t\u00e9 provi<span class=\"_ _5\"/>sionn<span class=\"_ _5\"/>\u00e9e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 732px; height: 350px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 732px; height: 350px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h1a y92 ffc fs11 fc2 sc0 ls53 ws99\" style=\"z-index: 15;\">6.10 <span class=\"_\"> </span>Appro<span class=\"_ _d\"/>visionnements e<span class=\"_ _5\"/>t marc<span class=\"_ _d\"/>handises</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ann\u00e9<span class=\"_ _5\"/>e der<span class=\"_ _5\"/>ni\u00e8re<span class=\"_ _5\"/>, les co\u00fbt<span class=\"_ _5\"/>s d\u2019appr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>nnem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et de mar<span class=\"_ _5\"/>chandi<span class=\"_ _5\"/>ses o<span class=\"_ _5\"/>nt diminu<span class=\"_ _5\"/>\u00e9 de 93,0 m<span class=\"_ _5\"/>EUR, so<span class=\"_ _5\"/>it 48<span class=\"_ _5\"/>,4%. C<span class=\"_ _5\"/>ett<span class=\"_ _5\"/>e baiss<span class=\"_ _5\"/>e s'ex-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pliq<span class=\"_ _5\"/>ue prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment pa<span class=\"_ _5\"/>r la d\u00e9co<span class=\"_ _5\"/>nsoli<span class=\"_ _5\"/>dation d'<span class=\"_ _5\"/>Ubiway Re<span class=\"_ _5\"/>tail a<span class=\"_ _5\"/>u 1er mars 20<span class=\"_ _5\"/>22, co<span class=\"_ _5\"/>mpte tenu d<span class=\"_ _5\"/>e la vente d'U<span class=\"_ _5\"/>biway Re<span class=\"_ _5\"/>tail<span class=\"_ _5\"/>, et par la ba<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>e des</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s de D<span class=\"_ _5\"/>ynaF<span class=\"_ _5\"/>ix/S<span class=\"_ _5\"/>ure en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>e la p\u00e9n<span class=\"_ _5\"/>urie de p<span class=\"_ _5\"/>i\u00e8ce<span class=\"_ _5\"/>s de rec<span class=\"_ _5\"/>hange et d<span class=\"_ _5\"/>e la quanti<span class=\"_ _5\"/>t\u00e9 inf\u00e9r<span class=\"_ _5\"/>ieure d'ap<span class=\"_ _5\"/>pareil<span class=\"_ _5\"/>s \u00e0 r\u00e9pa<span class=\"_ _5\"/>rer.</div>\n<div class=\"t m0 x5 h1a y10 ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.11 <span class=\"_ _4\"> </span>Ser<span class=\"_ _5\"/>vices et bi<span class=\"_ _d\"/>ens div<span class=\"_ _d\"/>ers</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le co\u00fb<span class=\"_ _5\"/>t des bie<span class=\"_ _5\"/>ns et s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s a augme<span class=\"_ _5\"/>nt\u00e9 de 105,<span class=\"_ _5\"/>2  mEUR p<span class=\"_ _5\"/>our at<span class=\"_ _5\"/>teind<span class=\"_ _5\"/>re 1.9<span class=\"_ _5\"/>99,<span class=\"_ _5\"/>9 mEUR. C<span class=\"_ _5\"/>ett<span class=\"_ _5\"/>e augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on es<span class=\"_ _5\"/>t li\u00e9e a<span class=\"_ _5\"/>u taux d<span class=\"_ _5\"/>e change USD/</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EUR d\u00e9f<span class=\"_ _5\"/>avor<span class=\"_ _5\"/>able, \u00e0 l'augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s var<span class=\"_ _5\"/>iables o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>els (OPE<span class=\"_ _5\"/>X) d<span class=\"_ _5\"/>'E-Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eric<span class=\"_ _5\"/>a en lign<span class=\"_ _5\"/>e avec la cr<span class=\"_ _5\"/>oiss<span class=\"_ _5\"/>ance d<span class=\"_ _5\"/>es reve<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nus e<span class=\"_ _5\"/>t les co\u00fbt<span class=\"_ _5\"/>s \u00e9n<span class=\"_ _5\"/>erg\u00e9<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s plus \u00e9le<span class=\"_ _5\"/>v\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x7 hb y8b4 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x154 hc y9a7 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">\u00c9VOLUTION</div>\n<div class=\"t m0 x7 hc y9a8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _bd\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _1d2\"> </span><span class=\"ls0 ws0\">20<span class=\"_ _5\"/>22 \u2013 20<span class=\"_ _5\"/>21</span></span></span></div>\n<div class=\"t m0 x7 hd y9a9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Loye<span class=\"_ _5\"/>rs e<span class=\"_ _5\"/>t charg<span class=\"_ _5\"/>es lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>ves<span class=\"_ _1e6\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>4,3<span class=\"_ _1d7\"> </span><span class=\"ls18 ws1a\">90,4<span class=\"_ _9a\"> </span><span class=\"ls7 ws8\">15,3%</span></span></span></div>\n<div class=\"t m0 x7 hd y9aa ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Entretien et r\u00e9paration<span class=\"_ _1e7\"> </span><span class=\"ls2b ws2d\">103<span class=\"_ _5\"/>,5<span class=\"_ _130\"> </span>10<span class=\"_ _5\"/>9,6<span class=\"_ _1e8\"> </span><span class=\"ls28 ws2a\">-5,6%</span></span></div>\n<div class=\"t m0 x7 hd y9ab ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Fournitures<span class=\"_ _d\"/> d\u2019<span class=\"_ _d\"/>\u00e9nergie<span class=\"_ _1c8\"> </span><span class=\"ls26 ws28\">63,<span class=\"_ _5\"/>2<span class=\"_ _23\"> </span><span class=\"ls28 ws2a\">4<span class=\"_ _5\"/>8,4<span class=\"_ _9a\"> </span><span class=\"ls18 ws1a\">30,5%</span></span></span></div>\n<div class=\"t m0 x7 hd y9ac ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres biens<span class=\"_ _1e9\"> </span><span class=\"ls18 ws1a\">50,4<span class=\"_ _1de\"> </span><span class=\"ls1b ws1d\">4<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7<span class=\"_ _1d6\"> </span>1<span class=\"_ _5\"/>2,7<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd y9ad ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s pos<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x et de</div>\n<div class=\"t m0 x7 hd y9ae ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">t\u00e9l\u00e9communication</div>\n<div class=\"t m0 x36 hd y9ad ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">12,4<span class=\"_ _1de\"> </span>18,8<span class=\"_ _1ea\"> </span><span class=\"ls4a ws54\">-33,<span class=\"_ _5\"/>8%</span></div>\n<div class=\"t m0 x7 hd y9af ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Frais<span class=\"_ _d\"/> d\u2019assuranc<span class=\"_ _d\"/>e<span class=\"_ _104\"> </span><span class=\"ls1d ws1f\">28,2<span class=\"_ _1de\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>9<span class=\"_ _1c9\"> </span><span class=\"ls7 ws8\">-5,<span class=\"_ _5\"/>9%</span></span></span></div>\n<div class=\"t m0 x7 hd y9b0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s de tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t<span class=\"_ _17d\"> </span><span class=\"ls23 ws25\">910<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9<span class=\"_ _134\"> </span><span class=\"ls1d ws1f\">8<span class=\"_ _5\"/>36,2<span class=\"_ _1d9\"> </span><span class=\"ls2e ws30\">8,9%</span></span></span></div>\n<div class=\"t m0 x7 hd y9b1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Frais de publicit<span class=\"_ _d\"/>\u00e9 et annonce<span class=\"_ _1eb\"> </span><span class=\"ls14 ws16\">21,2<span class=\"_ _1d7\"> </span><span class=\"ls1b ws1d\">23<span class=\"_ _5\"/>,7<span class=\"_ _111\"> </span><span class=\"ls31 ws33\">-10<span class=\"_ _5\"/>,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>%</span></span></span></div>\n<div class=\"t m0 x7 hd y9b2 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Consult<span class=\"_ _5\"/>ance<span class=\"_ _1e9\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _1de\"> </span><span class=\"ls28 ws2a\">18<span class=\"_ _5\"/>,2<span class=\"_ _1d6\"> </span><span class=\"ls21 ws23\">5<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,<span class=\"_ _5\"/>1%</span></span></span></div>\n<div class=\"t m0 x7 hd y9b3 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Frais d'int\u00e9rim<span class=\"_ _1ec\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _128\"> </span><span class=\"ls17 ws19\">359,<span class=\"_ _5\"/>2<span class=\"_ _1d9\"> </span><span class=\"ls42 ws4c\">2,3%</span></span></span></div>\n<div class=\"t m0 x7 hd y9b4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>ons de t<span class=\"_ _5\"/>ier<span class=\"_ _5\"/>s, ho<span class=\"_ _5\"/>nor<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s<span class=\"_ _1ed\"> </span><span class=\"ls2d ws2f\">198,2<span class=\"_ _130\"> </span><span class=\"ls18 ws1a\">200,1<span class=\"_ _1c9\"> </span>-<span class=\"_ _5\"/>0,9<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd y9b5 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres ser<span class=\"_ _5\"/>vices<span class=\"_ _102\"> </span><span class=\"ls43 ws4d\">11<span class=\"_ _5\"/>2,8<span class=\"_ _130\"> </span>115<span class=\"_ _5\"/>,4<span class=\"_ _1e8\"> </span><span class=\"ls23 ws25\">-2,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hf y9b6 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x50 h1b y9b7 ff7 fs8 fc3 sc0 lse6 ws10a\" style=\"z-index: 15;\">1.999,9<span class=\"_ _e2\"> </span><span class=\"ls27 ws29\">1.894,<span class=\"_ _5\"/>8<span class=\"_ _130\"> </span><span class=\"ls1f ws21\">5,6%</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 128px; height: 954px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les l<span class=\"_ _5\"/>oyers e<span class=\"_ _5\"/>t charg<span class=\"_ _5\"/>es loc<span class=\"_ _5\"/>ative<span class=\"_ _5\"/>s ont aug<span class=\"_ _5\"/>ment\u00e9 de 1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>8 mEUR en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>ou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture d<span class=\"_ _5\"/>e nouve<span class=\"_ _5\"/>aux site<span class=\"_ _5\"/>s \u00e0 Radia<span class=\"_ _5\"/>l Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>meri<span class=\"_ _5\"/>ca et Ra<span class=\"_ _5\"/>dial</div>\n<div class=\"t m0 x2a h8 ya6 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">Europe.</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>\u00e9n<span class=\"_ _5\"/>ergie o<span class=\"_ _5\"/>nt augm<span class=\"_ _5\"/>ent\u00e9 de 14,<span class=\"_ _5\"/>8 mEUR, p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>e la haus<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x de l'<span class=\"_ _d\"/>\u00e9n<span class=\"_ _5\"/>ergi<span class=\"_ _5\"/>e (gaz<span class=\"_ _5\"/>, car<span class=\"_ _5\"/>bura<span class=\"_ _5\"/>nt et \u00e9le<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>rici<span class=\"_ _5\"/>t\u00e9).</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s de tra<span class=\"_ _5\"/>nspo<span class=\"_ _5\"/>rt s<span class=\"_ _5\"/>e sont \u00e9<span class=\"_ _5\"/>lev\u00e9s \u00e0 910,9 m<span class=\"_ _5\"/>EUR et ont a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>t\u00e9 de 7<span class=\"_ _d\"/>4,7 mEUR. C<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion s'expli<span class=\"_ _5\"/>que par le t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>hange</div>\n<div class=\"t m0 x2a h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">USD/EUR d\u00e9f<span class=\"_ _5\"/>avor<span class=\"_ _5\"/>able et pa<span class=\"_ _5\"/>r l'<span class=\"_ _d\"/>\u00e9vo<span class=\"_ _5\"/>lutio<span class=\"_ _5\"/>n du chiffr<span class=\"_ _5\"/>e d'affaire<span class=\"_ _5\"/>s d'E-L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica. En o<span class=\"_ _5\"/>utre, l<span class=\"_ _5\"/>a conso<span class=\"_ _5\"/>lidatio<span class=\"_ _5\"/>n d'IMX e<span class=\"_ _5\"/>t d'<span class=\"_ _1\"/>A<span class=\"_ _5\"/>ldipr<span class=\"_ _5\"/>ess a</div>\n<div class=\"t m0 x2a h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>\u00e9 \u00e0 cett<span class=\"_ _5\"/>e augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on.</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Le co\u00fb<span class=\"_ _5\"/>t des int\u00e9<span class=\"_ _5\"/>rimair<span class=\"_ _5\"/>es a aug<span class=\"_ _5\"/>ment\u00e9 de 8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3 mEUR malgr<span class=\"_ _5\"/>\u00e9 la diminu<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s int\u00e9r<span class=\"_ _5\"/>imaire<span class=\"_ _5\"/>s. Il conv<span class=\"_ _5\"/>ient d<span class=\"_ _5\"/>e noter qu<span class=\"_ _5\"/>e les co\u00fbt<span class=\"_ _5\"/>s d'int\u00e9<span class=\"_ _5\"/>rim doi<span class=\"_ _5\"/>vent</div>\n<div class=\"t m0 x2a h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00eat<span class=\"_ _5\"/>re consid<span class=\"_ _5\"/>\u00e9r\u00e9s co<span class=\"_ _5\"/>njointe<span class=\"_ _5\"/>ment ave<span class=\"_ _5\"/>c l'\u00e9voluti<span class=\"_ _5\"/>on des co<span class=\"_ _5\"/>\u00fbts s<span class=\"_ _5\"/>alar<span class=\"_ _5\"/>iaux<span class=\"_ _5\"/>, voir note 6<span class=\"_ _5\"/>.12. L<span class=\"_ _1\"/>'augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s s'expli<span class=\"_ _5\"/>que pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement p<span class=\"_ _5\"/>ar</div>\n<div class=\"t m0 x2a h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le ta<span class=\"_ _5\"/>ux de cha<span class=\"_ _5\"/>nge d\u00e9f<span class=\"_ _5\"/>avorab<span class=\"_ _5\"/>le USD/EUR et par u<span class=\"_ _5\"/>n prix d<span class=\"_ _5\"/>e revi<span class=\"_ _5\"/>ent plus \u00e9<span class=\"_ _5\"/>lev\u00e9 par in<span class=\"_ _5\"/>t\u00e9rim<span class=\"_ _5\"/>aire.</div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y89 ffc fs11 fc2 sc0 ls0 ws6d\" style=\"z-index: 15;\">6.12 <span class=\"_ _4\"> </span>Fra<span class=\"_ _d\"/>is de personnel</div>\n<div class=\"t m0 x7 hb y8c ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9b8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9b9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9mun\u00e9rations<span class=\"_ _15d\"> </span><span class=\"ls0 ws0\"> 1<span class=\"fsa\">.</span><span class=\"lsbc ws51\">41<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>2<span class=\"_ _4a\"> </span></span> 1<span class=\"fsa\">.</span><span class=\"ls1d ws1f\">3<span class=\"_ _5\"/>46,3</span></span></div>\n<div class=\"t m0 x7 hd y9ba ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cotisations de s\u00e9curit\u00e9 sociale<span class=\"_ _124\"> </span><span class=\"ls32 ws34\"> 264<span class=\"_ _1\"/>,3<span class=\"_ _1c9\"> </span><span class=\"ls17 ws19\"> 23<span class=\"_ _5\"/>9,6</span></span></div>\n<div class=\"t m0 x7 hd y9bb ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>nsio<span class=\"_ _5\"/>ns (note 6<span class=\"_ _5\"/>.26)<span class=\"_ _197\"> </span><span class=\"ls2e ws30\"> 8,8<span class=\"_ _1ee\"> </span><span class=\"ls17 ws19\"> 9,<span class=\"_ _5\"/>2</span></span></div>\n<div class=\"t m0 x7 hd y9bc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ind<span class=\"_ _5\"/>emni<span class=\"_ _5\"/>t\u00e9s de ce<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n d'emplo<span class=\"_ _5\"/>i, Aut<span class=\"_ _5\"/>res av<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>ages \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me et</div>\n<div class=\"t m0 x7 hd y9bd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>es pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieu<span class=\"_ _5\"/>rs \u00e0 l'emp<span class=\"_ _5\"/>loi aut<span class=\"_ _5\"/>re que P<span class=\"_ _5\"/>ensi<span class=\"_ _5\"/>on (note 6<span class=\"_ _5\"/>.26)</div>\n<div class=\"t m0 x170 hd y9bc ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\"> 20,5<span class=\"_ _1e2\"> </span><span class=\"ls43 ws4d\"> 11,6</span></div>\n<div class=\"t m0 x7 hf y9be ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x27 h1b y9bf ff7 fs8 fc3 sc0 lsdc ws52\" style=\"z-index: 15;\"> 1<span class=\"_ _5\"/>.70<span class=\"_ _5\"/>5<span class=\"_ _5\"/>,8<span class=\"_ _1ef\"> </span><span class=\"lsba wsda\"> 1.606,8</span></div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022, l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tif d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t s\u2019<span class=\"_ _d\"/>\u00e9le<span class=\"_ _5\"/>vait \u00e0 3<span class=\"_ _5\"/>4.<span class=\"_ _5\"/>509 m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel (20<span class=\"_ _5\"/>21 : 36.<span class=\"_ _5\"/>272), r\u00e9pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tis comm<span class=\"_ _5\"/>e suit :</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el st<span class=\"_ _5\"/>atut<span class=\"_ _5\"/>aire : 6.<span class=\"_ _5\"/>84<span class=\"_ _5\"/>0 (2021 : 7.402).</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel : 27.669 (202<span class=\"_ _5\"/>1 : 28.<span class=\"_ _5\"/>870).</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le no<span class=\"_ _5\"/>mbre moy<span class=\"_ _5\"/>en d\u2019E<span class=\"_ _5\"/>TP po<span class=\"_ _5\"/>ur 2022 \u00e9<span class=\"_ _5\"/>tait d<span class=\"_ _5\"/>e 31.61<span class=\"_ _1\"/>7 (20<span class=\"_ _5\"/>21 : 32.42<span class=\"_ _5\"/>9).</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le no<span class=\"_ _5\"/>mbre moy<span class=\"_ _5\"/>en d\u2019E<span class=\"_ _5\"/>TP et d'in<span class=\"_ _5\"/>t\u00e9rima<span class=\"_ _5\"/>ires p<span class=\"_ _5\"/>our 202<span class=\"_ _5\"/>2 \u00e9tai<span class=\"_ _5\"/>t de 39.<span class=\"_ _5\"/>285 (20<span class=\"_ _5\"/>21 : 40.<span class=\"_ _5\"/>33<span class=\"_ _5\"/>9).</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s de per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel (1.705,8 m<span class=\"_ _5\"/>EUR) et le<span class=\"_ _5\"/>s frai<span class=\"_ _5\"/>s d'int\u00e9ri<span class=\"_ _5\"/>m (367<span class=\"_ _d\"/>,4 mEUR) s<span class=\"_ _5\"/>e son<span class=\"_ _5\"/>t \u00e9lev\u00e9<span class=\"_ _5\"/>s en 202<span class=\"_ _5\"/>2 \u00e0 2.073<span class=\"_ _5\"/>,2 m<span class=\"_ _5\"/>EUR (<span class=\"_ _d\"/>1.<span class=\"_ _5\"/>96<span class=\"_ _5\"/>5,9 mEU<span class=\"_ _5\"/>R en 2021).</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les f<span class=\"_ _5\"/>rais d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el et d'int\u00e9<span class=\"_ _5\"/>rim on<span class=\"_ _5\"/>t augme<span class=\"_ _5\"/>nt\u00e9 de 107<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3 mEUR (9<span class=\"_ _5\"/>9,0 mEUR po<span class=\"_ _5\"/>ur les fr<span class=\"_ _5\"/>ais de p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l et 8,<span class=\"_ _5\"/>3 mEUR p<span class=\"_ _5\"/>our les f<span class=\"_ _5\"/>rais d'in<span class=\"_ _5\"/>t\u00e9rim)</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l'ex<span class=\"_ _5\"/>ercice p<span class=\"_ _5\"/>r\u00e9c\u00e9<span class=\"_ _5\"/>dent<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es fr<span class=\"_ _5\"/>ais de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel e<span class=\"_ _5\"/>t d\u2019int\u00e9r<span class=\"_ _5\"/>im due \u00e0 l'augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s par E<span class=\"_ _5\"/>TP (entre a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s en Bel<span class=\"_ _5\"/>gique<span class=\"_ _5\"/>, 6 index<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s salar<span class=\"_ _5\"/>iale<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de 2% e<span class=\"_ _5\"/>t le change<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>e la r\u00e9gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation s<span class=\"_ _5\"/>ur le tr<span class=\"_ _5\"/>avail de nui<span class=\"_ _5\"/>t), l'<span class=\"_ _d\"/>\u00e9vol<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>\u00e9favo<span class=\"_ _5\"/>rable d<span class=\"_ _5\"/>u taux d<span class=\"_ _5\"/>e change, l<span class=\"_ _5\"/>es effe<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e la Conven<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Colle<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ive de T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>vail (\u201c CC<span class=\"_ _5\"/>T \u201d) 2021 \u2013 202<span class=\"_ _5\"/>2 et le<span class=\"_ _5\"/>s augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ions li\u00e9<span class=\"_ _5\"/>es au m<span class=\"_ _5\"/>\u00e9rite o<span class=\"_ _5\"/>nt entr<span class=\"_ _5\"/>a\u00een\u00e9 un i<span class=\"_ _5\"/>mpac<span class=\"_ _5\"/>t n\u00e9ga<span class=\"_ _5\"/>tif sur le<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x de 160,1 m<span class=\"_ _5\"/>EUR.</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les e<span class=\"_ _5\"/>ffet<span class=\"_ _5\"/>s sus<span class=\"_ _5\"/>menti<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>s ont \u00e9t\u00e9 pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r la diminut<span class=\"_ _5\"/>ion du no<span class=\"_ _5\"/>mbre d'E<span class=\"_ _5\"/>TP (pr<span class=\"_ _5\"/>oduc<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9 accr<span class=\"_ _5\"/>ue, p<span class=\"_ _5\"/>oursu<span class=\"_ _5\"/>ite de la mis<span class=\"_ _5\"/>e en</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u0153u<span class=\"_ _5\"/>vre de m<span class=\"_ _5\"/>esure<span class=\"_ _5\"/>s de ges<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n sp\u00e9c<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>ques e<span class=\"_ _5\"/>t suppre<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>euxi<span class=\"_ _5\"/>\u00e8mes t<span class=\"_ _5\"/>ourn\u00e9<span class=\"_ _5\"/>es de d<span class=\"_ _5\"/>istr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion en B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue pen<span class=\"_ _5\"/>dant le pi<span class=\"_ _5\"/>c du quatr<span class=\"_ _5\"/>i\u00e8me</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>imes<span class=\"_ _5\"/>tre), qui a g\u00e9n<span class=\"_ _5\"/>\u00e9r\u00e9 une b<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>e des co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e 45,<span class=\"_ _5\"/>2 mEUR, e<span class=\"_ _5\"/>t par un eff<span class=\"_ _5\"/>et de mi<span class=\"_ _5\"/>x posit<span class=\"_ _5\"/>if de 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>6 mEUR, r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ant not<span class=\"_ _5\"/>ammen<span class=\"_ _5\"/>t d'une diminu<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du no<span class=\"_ _5\"/>mbre d'agent<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s pos<span class=\"_ _5\"/>tes s<span class=\"_ _5\"/>tatut<span class=\"_ _5\"/>aires<span class=\"_ _5\"/>, cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s bar\u00e9<span class=\"_ _5\"/>mique<span class=\"_ _5\"/>s et int\u00e9r<span class=\"_ _5\"/>imair<span class=\"_ _5\"/>es et d'une l<span class=\"_ _5\"/>\u00e9g\u00e8re au<span class=\"_ _5\"/>gment<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n du nomb<span class=\"_ _5\"/>re de tr<span class=\"_ _5\"/>availle<span class=\"_ _5\"/>urs</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">logistique<span class=\"_ _5\"/>s et postaux.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 372px; height: 530px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 372px; height: 530px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 372px; height: 710px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 hb ya ff7 fs6 fc3 sc0 ls1e wsd6\" style=\"z-index: 15;\">Charges <span class=\"_ _d\"/>f<span class=\"_ _5\"/>inanc<span class=\"_ _d\"/>i\u00e8res</div>\n<div class=\"t m0 x7 hb yb ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9cd ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9ce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts/(p<span class=\"_ _5\"/>rodu<span class=\"_ _5\"/>its) f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cie<span class=\"_ _5\"/>rs sur l<span class=\"_ _5\"/>es obl<span class=\"_ _5\"/>igat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>inie<span class=\"_ _5\"/>s (IA<span class=\"_ _5\"/>S 19)<span class=\"_ _1f1\"> </span><span class=\"ls18 ws1a\">0,2<span class=\"_ _1de\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _1\"/>,1)</span></span></div>\n<div class=\"t m0 x7 hd y9cf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cha<span class=\"_ _5\"/>rges d<span class=\"_ _5\"/>es int<span class=\"_ _5\"/>\u00e9r\u00eat<span class=\"_ _5\"/>s sur l<span class=\"_ _5\"/>easin<span class=\"_ _5\"/>gs (FR<span class=\"_ _5\"/>S 16)<span class=\"_ _1f2\"> </span><span class=\"ls42 ws4c\">12,0<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">9<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y9d0 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>emprunt<span class=\"_ _5\"/>s<span class=\"_ _15d\"> </span>4,6<span class=\"_ _13e\"> </span>1,6</div>\n<div class=\"t m0 x7 hd y9d1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et ch<span class=\"_ _5\"/>arge<span class=\"_ _5\"/>s li\u00e9<span class=\"_ _5\"/>es \u00e0 l'obli<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>on \u00e0 long t<span class=\"_ _5\"/>erm<span class=\"_ _5\"/>e<span class=\"_ _11\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>3<span class=\"_ _1e0\"> </span>9,3</span></div>\n<div class=\"t m0 x7 hd y9d2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e8g<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nt du s<span class=\"_ _5\"/>wap de t<span class=\"_ _5\"/>aux d'i<span class=\"_ _5\"/>nt\u00e9r\u00ea<span class=\"_ _5\"/>t<span class=\"_ _1f3\"> </span><span class=\"ls42 ws4c\">2,5<span class=\"_ _13e\"> </span>2,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd y9d3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s iss<span class=\"_ _5\"/>ues d<span class=\"_ _5\"/>e dif<span class=\"_ _5\"/>f\u00e9re<span class=\"_ _5\"/>nces d<span class=\"_ _5\"/>e chang<span class=\"_ _5\"/>e<span class=\"_ _192\"> </span><span class=\"ls3b ws43\">15,1<span class=\"_ _1e0\"> </span><span class=\"ls28 ws2a\">3,4</span></span></div>\n<div class=\"t m0 x7 hd y9d4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Contrepar<span class=\"_ _5\"/>tie conditionnelle: d\u00e9sactualisation, changement de taux</div>\n<div class=\"t m0 x7 hd y9d5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tualisation</div>\n<div class=\"t m0 x10b hd y9d4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,6<span class=\"_ _1e0\"> </span>0,6</div>\n<div class=\"t m0 x7 hd y9d6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres charges financi\u00e8re<span class=\"_ _5\"/>s<span class=\"_ _190\"> </span><span class=\"ls7 ws8\">5,0<span class=\"_ _13e\"> </span>5,0</span></div>\n<div class=\"t m0 x7 hf y9d7 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9d8 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">49,<span class=\"_ _5\"/>3<span class=\"_ _1e2\"> </span><span class=\"ls1d ws1f\">24,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 469px; height: 268px; width: 86%; z-index: 6;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfExpensesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag159": {
   "value": "\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.9 <span class=\"_ _de\"> </span>Autres ch<span class=\"_ _d\"/>arges d<span class=\"_ _d\"/>\u2019<span class=\"_ _1\"/>exploita<span class=\"_ _d\"/>tion</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _1de\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9a0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions<span class=\"_ _1e3\"> </span><span class=\"ls18 ws1a\">0,9<span class=\"_ _1de\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd y9a1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>axe<span class=\"_ _5\"/>s loc<span class=\"_ _5\"/>ales<span class=\"_ _5\"/>, pr\u00e9<span class=\"_ _5\"/>comp<span class=\"_ _5\"/>te immo<span class=\"_ _5\"/>bilie<span class=\"_ _5\"/>r et au<span class=\"_ _5\"/>tres i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s<span class=\"_ _1e4\"> </span><span class=\"ls7 ws8\">15,<span class=\"_ _5\"/>2<span class=\"_ _1de\"> </span><span class=\"ls25 ws27\">28,0</span></span></div>\n<div class=\"t m0 x7 hd y9a2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur sur cr\u00e9ances c<span class=\"_ _d\"/>ommerciales et refac<span class=\"_ _5\"/>turation<span class=\"_ _151\"> </span><span class=\"ls17 ws19\">1<span class=\"_ _5\"/>9,4<span class=\"_ _1e0\"> </span><span class=\"ls26 ws28\">3,3</span></span></div>\n<div class=\"t m0 x7 hd y9a3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Moi<span class=\"_ _5\"/>ns \u2013 val<span class=\"_ _5\"/>ues su<span class=\"_ _5\"/>r immo<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns cor<span class=\"_ _5\"/>por<span class=\"_ _5\"/>elle<span class=\"_ _5\"/>s<span class=\"_ _188\"> </span><span class=\"ls14 ws16\">4,5<span class=\"_ _1de\"> </span></span>(0,0)</div>\n<div class=\"t m0 x7 hd y9a4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres provisions<span class=\"_ _1e5\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _1e0\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hf y9a5 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x55 h1b y9a6 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">39,<span class=\"_ _5\"/>9<span class=\"_ _23\"> </span><span class=\"lsd4 wsf5\">35<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res cha<span class=\"_ _5\"/>rges d'ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation s'ex<span class=\"_ _5\"/>plique p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par un<span class=\"_ _5\"/>e augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s d\u00e9pr\u00e9<span class=\"_ _5\"/>ciati<span class=\"_ _5\"/>ons de cr<span class=\"_ _5\"/>\u00e9ances</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>erciale<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s ces<span class=\"_ _5\"/>sions d'im<span class=\"_ _5\"/>mobili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles<span class=\"_ _5\"/>, cer<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>s entre<span class=\"_ _5\"/>p\u00f4t<span class=\"_ _5\"/>s ayant \u00e9<span class=\"_ _5\"/>t\u00e9 ferm<span class=\"_ _5\"/>\u00e9s che<span class=\"_ _5\"/>z Radia<span class=\"_ _5\"/>l Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>meri<span class=\"_ _5\"/>ca. Ce<span class=\"_ _5\"/>tte</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion a \u00e9<span class=\"_ _5\"/>t\u00e9 par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>llemen<span class=\"_ _5\"/>t compe<span class=\"_ _5\"/>ns\u00e9e p<span class=\"_ _5\"/>ar une bai<span class=\"_ _5\"/>sse d<span class=\"_ _5\"/>es imp<span class=\"_ _5\"/>\u00f4ts lo<span class=\"_ _5\"/>cau<span class=\"_ _5\"/>x, de<span class=\"_ _5\"/>s imp\u00f4t<span class=\"_ _5\"/>s immo<span class=\"_ _5\"/>bilier<span class=\"_ _5\"/>s et de<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es ta<span class=\"_ _5\"/>xes, e<span class=\"_ _5\"/>lle \u2013 m\u00eam<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>ue au re<span class=\"_ _5\"/>couvr<span class=\"_ _5\"/>ement s<span class=\"_ _5\"/>up\u00e9r<span class=\"_ _5\"/>ieur d<span class=\"_ _5\"/>e la T<span class=\"_ _5\"/>VA en 2022 l<span class=\"_ _5\"/>ors de l<span class=\"_ _5\"/>a r\u00e9vis<span class=\"_ _5\"/>ion annu<span class=\"_ _5\"/>elle du t<span class=\"_ _5\"/>aux de T<span class=\"_ _5\"/>VA<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es r\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ions</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de va<span class=\"_ _5\"/>leur sur le<span class=\"_ _5\"/>s cr\u00e9an<span class=\"_ _5\"/>ces comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les s'expl<span class=\"_ _5\"/>ique pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t par cer<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>ins litig<span class=\"_ _5\"/>es avec d<span class=\"_ _5\"/>es clie<span class=\"_ _5\"/>nts r<span class=\"_ _5\"/>\u00e9sili<span class=\"_ _5\"/>\u00e9s che<span class=\"_ _5\"/>z Radial N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>ca</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et pa<span class=\"_ _5\"/>r la d\u00e9pr<span class=\"_ _5\"/>\u00e9ciat<span class=\"_ _5\"/>ion de la cr<span class=\"_ _5\"/>\u00e9ance li\u00e9<span class=\"_ _5\"/>e \u00e0 la vent<span class=\"_ _5\"/>e de The Mai<span class=\"_ _5\"/>l Group. En 20<span class=\"_ _5\"/>21, bpo<span class=\"_ _5\"/>st US Hol<span class=\"_ _5\"/>dings a ve<span class=\"_ _5\"/>ndu Th<span class=\"_ _5\"/>e Mail Gro<span class=\"_ _5\"/>up \u00e0 Arch<span class=\"_ _5\"/>itec<span class=\"_ _5\"/>t Equit<span class=\"_ _5\"/>y.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le c<span class=\"_ _5\"/>adre d<span class=\"_ _5\"/>e cet<span class=\"_ _5\"/>te tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t US Hold<span class=\"_ _5\"/>ings a \u00e9m<span class=\"_ _5\"/>is une note d<span class=\"_ _5\"/>e vente sub<span class=\"_ _5\"/>ordo<span class=\"_ _5\"/>nn\u00e9e p<span class=\"_ _5\"/>our un mo<span class=\"_ _5\"/>ntant d<span class=\"_ _5\"/>e 2,<span class=\"_ _5\"/>5 mUSD. Une par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e du</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant d\u00fb n'ayant pa<span class=\"_ _5\"/>s \u00e9t\u00e9 rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>s\u00e9e e<span class=\"_ _5\"/>n 2022<span class=\"_ _5\"/>, la note de ve<span class=\"_ _5\"/>nte tota<span class=\"_ _5\"/>le de 2,<span class=\"_ _5\"/>5 mUSD a ent<span class=\"_ _5\"/>i\u00e8re<span class=\"_ _5\"/>ment \u00e9<span class=\"_ _5\"/>t\u00e9 provi<span class=\"_ _5\"/>sionn<span class=\"_ _5\"/>\u00e9e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 732px; height: 350px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag154": {
   "value": "\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y89 ffc fs11 fc2 sc0 ls0 ws6d\" style=\"z-index: 15;\">6.12 <span class=\"_ _4\"> </span>Fra<span class=\"_ _d\"/>is de personnel</div>\n<div class=\"t m0 x7 hb y8c ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9b8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9b9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9mun\u00e9rations<span class=\"_ _15d\"> </span><span class=\"ls0 ws0\"> 1<span class=\"fsa\">.</span><span class=\"lsbc ws51\">41<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>2<span class=\"_ _4a\"> </span></span> 1<span class=\"fsa\">.</span><span class=\"ls1d ws1f\">3<span class=\"_ _5\"/>46,3</span></span></div>\n<div class=\"t m0 x7 hd y9ba ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cotisations de s\u00e9curit\u00e9 sociale<span class=\"_ _124\"> </span><span class=\"ls32 ws34\"> 264<span class=\"_ _1\"/>,3<span class=\"_ _1c9\"> </span><span class=\"ls17 ws19\"> 23<span class=\"_ _5\"/>9,6</span></span></div>\n<div class=\"t m0 x7 hd y9bb ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>nsio<span class=\"_ _5\"/>ns (note 6<span class=\"_ _5\"/>.26)<span class=\"_ _197\"> </span><span class=\"ls2e ws30\"> 8,8<span class=\"_ _1ee\"> </span><span class=\"ls17 ws19\"> 9,<span class=\"_ _5\"/>2</span></span></div>\n<div class=\"t m0 x7 hd y9bc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ind<span class=\"_ _5\"/>emni<span class=\"_ _5\"/>t\u00e9s de ce<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n d'emplo<span class=\"_ _5\"/>i, Aut<span class=\"_ _5\"/>res av<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>ages \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me et</div>\n<div class=\"t m0 x7 hd y9bd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>es pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieu<span class=\"_ _5\"/>rs \u00e0 l'emp<span class=\"_ _5\"/>loi aut<span class=\"_ _5\"/>re que P<span class=\"_ _5\"/>ensi<span class=\"_ _5\"/>on (note 6<span class=\"_ _5\"/>.26)</div>\n<div class=\"t m0 x170 hd y9bc ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\"> 20,5<span class=\"_ _1e2\"> </span><span class=\"ls43 ws4d\"> 11,6</span></div>\n<div class=\"t m0 x7 hf y9be ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x27 h1b y9bf ff7 fs8 fc3 sc0 lsdc ws52\" style=\"z-index: 15;\"> 1<span class=\"_ _5\"/>.70<span class=\"_ _5\"/>5<span class=\"_ _5\"/>,8<span class=\"_ _1ef\"> </span><span class=\"lsba wsda\"> 1.606,8</span></div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022, l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tif d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t s\u2019<span class=\"_ _d\"/>\u00e9le<span class=\"_ _5\"/>vait \u00e0 3<span class=\"_ _5\"/>4.<span class=\"_ _5\"/>509 m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel (20<span class=\"_ _5\"/>21 : 36.<span class=\"_ _5\"/>272), r\u00e9pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tis comm<span class=\"_ _5\"/>e suit :</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el st<span class=\"_ _5\"/>atut<span class=\"_ _5\"/>aire : 6.<span class=\"_ _5\"/>84<span class=\"_ _5\"/>0 (2021 : 7.402).</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel : 27.669 (202<span class=\"_ _5\"/>1 : 28.<span class=\"_ _5\"/>870).</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le no<span class=\"_ _5\"/>mbre moy<span class=\"_ _5\"/>en d\u2019E<span class=\"_ _5\"/>TP po<span class=\"_ _5\"/>ur 2022 \u00e9<span class=\"_ _5\"/>tait d<span class=\"_ _5\"/>e 31.61<span class=\"_ _1\"/>7 (20<span class=\"_ _5\"/>21 : 32.42<span class=\"_ _5\"/>9).</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le no<span class=\"_ _5\"/>mbre moy<span class=\"_ _5\"/>en d\u2019E<span class=\"_ _5\"/>TP et d'in<span class=\"_ _5\"/>t\u00e9rima<span class=\"_ _5\"/>ires p<span class=\"_ _5\"/>our 202<span class=\"_ _5\"/>2 \u00e9tai<span class=\"_ _5\"/>t de 39.<span class=\"_ _5\"/>285 (20<span class=\"_ _5\"/>21 : 40.<span class=\"_ _5\"/>33<span class=\"_ _5\"/>9).</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s de per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel (1.705,8 m<span class=\"_ _5\"/>EUR) et le<span class=\"_ _5\"/>s frai<span class=\"_ _5\"/>s d'int\u00e9ri<span class=\"_ _5\"/>m (367<span class=\"_ _d\"/>,4 mEUR) s<span class=\"_ _5\"/>e son<span class=\"_ _5\"/>t \u00e9lev\u00e9<span class=\"_ _5\"/>s en 202<span class=\"_ _5\"/>2 \u00e0 2.073<span class=\"_ _5\"/>,2 m<span class=\"_ _5\"/>EUR (<span class=\"_ _d\"/>1.<span class=\"_ _5\"/>96<span class=\"_ _5\"/>5,9 mEU<span class=\"_ _5\"/>R en 2021).</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les f<span class=\"_ _5\"/>rais d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el et d'int\u00e9<span class=\"_ _5\"/>rim on<span class=\"_ _5\"/>t augme<span class=\"_ _5\"/>nt\u00e9 de 107<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3 mEUR (9<span class=\"_ _5\"/>9,0 mEUR po<span class=\"_ _5\"/>ur les fr<span class=\"_ _5\"/>ais de p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l et 8,<span class=\"_ _5\"/>3 mEUR p<span class=\"_ _5\"/>our les f<span class=\"_ _5\"/>rais d'in<span class=\"_ _5\"/>t\u00e9rim)</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l'ex<span class=\"_ _5\"/>ercice p<span class=\"_ _5\"/>r\u00e9c\u00e9<span class=\"_ _5\"/>dent<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es fr<span class=\"_ _5\"/>ais de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel e<span class=\"_ _5\"/>t d\u2019int\u00e9r<span class=\"_ _5\"/>im due \u00e0 l'augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s par E<span class=\"_ _5\"/>TP (entre a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s en Bel<span class=\"_ _5\"/>gique<span class=\"_ _5\"/>, 6 index<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s salar<span class=\"_ _5\"/>iale<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de 2% e<span class=\"_ _5\"/>t le change<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>e la r\u00e9gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation s<span class=\"_ _5\"/>ur le tr<span class=\"_ _5\"/>avail de nui<span class=\"_ _5\"/>t), l'<span class=\"_ _d\"/>\u00e9vol<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>\u00e9favo<span class=\"_ _5\"/>rable d<span class=\"_ _5\"/>u taux d<span class=\"_ _5\"/>e change, l<span class=\"_ _5\"/>es effe<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e la Conven<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Colle<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ive de T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>vail (\u201c CC<span class=\"_ _5\"/>T \u201d) 2021 \u2013 202<span class=\"_ _5\"/>2 et le<span class=\"_ _5\"/>s augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ions li\u00e9<span class=\"_ _5\"/>es au m<span class=\"_ _5\"/>\u00e9rite o<span class=\"_ _5\"/>nt entr<span class=\"_ _5\"/>a\u00een\u00e9 un i<span class=\"_ _5\"/>mpac<span class=\"_ _5\"/>t n\u00e9ga<span class=\"_ _5\"/>tif sur le<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x de 160,1 m<span class=\"_ _5\"/>EUR.</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les e<span class=\"_ _5\"/>ffet<span class=\"_ _5\"/>s sus<span class=\"_ _5\"/>menti<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>s ont \u00e9t\u00e9 pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r la diminut<span class=\"_ _5\"/>ion du no<span class=\"_ _5\"/>mbre d'E<span class=\"_ _5\"/>TP (pr<span class=\"_ _5\"/>oduc<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9 accr<span class=\"_ _5\"/>ue, p<span class=\"_ _5\"/>oursu<span class=\"_ _5\"/>ite de la mis<span class=\"_ _5\"/>e en</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u0153u<span class=\"_ _5\"/>vre de m<span class=\"_ _5\"/>esure<span class=\"_ _5\"/>s de ges<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n sp\u00e9c<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>ques e<span class=\"_ _5\"/>t suppre<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>euxi<span class=\"_ _5\"/>\u00e8mes t<span class=\"_ _5\"/>ourn\u00e9<span class=\"_ _5\"/>es de d<span class=\"_ _5\"/>istr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion en B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue pen<span class=\"_ _5\"/>dant le pi<span class=\"_ _5\"/>c du quatr<span class=\"_ _5\"/>i\u00e8me</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>imes<span class=\"_ _5\"/>tre), qui a g\u00e9n<span class=\"_ _5\"/>\u00e9r\u00e9 une b<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>e des co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e 45,<span class=\"_ _5\"/>2 mEUR, e<span class=\"_ _5\"/>t par un eff<span class=\"_ _5\"/>et de mi<span class=\"_ _5\"/>x posit<span class=\"_ _5\"/>if de 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>6 mEUR, r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ant not<span class=\"_ _5\"/>ammen<span class=\"_ _5\"/>t d'une diminu<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du no<span class=\"_ _5\"/>mbre d'agent<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s pos<span class=\"_ _5\"/>tes s<span class=\"_ _5\"/>tatut<span class=\"_ _5\"/>aires<span class=\"_ _5\"/>, cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s bar\u00e9<span class=\"_ _5\"/>mique<span class=\"_ _5\"/>s et int\u00e9r<span class=\"_ _5\"/>imair<span class=\"_ _5\"/>es et d'une l<span class=\"_ _5\"/>\u00e9g\u00e8re au<span class=\"_ _5\"/>gment<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n du nomb<span class=\"_ _5\"/>re de tr<span class=\"_ _5\"/>availle<span class=\"_ _5\"/>urs</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">logistique<span class=\"_ _5\"/>s et postaux.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 372px; height: 530px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 372px; height: 530px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag165": {
   "value": "\n<div class=\"t m0 x5 h1a y89 ffc fs11 fc2 sc0 ls0 ws6d\" style=\"z-index: 15;\">6.12 <span class=\"_ _4\"> </span>Fra<span class=\"_ _d\"/>is de personnel</div>\n<div class=\"t m0 x7 hb y8c ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9b8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9b9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9mun\u00e9rations<span class=\"_ _15d\"> </span><span class=\"ls0 ws0\"> 1<span class=\"fsa\">.</span><span class=\"lsbc ws51\">41<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>2<span class=\"_ _4a\"> </span></span> 1<span class=\"fsa\">.</span><span class=\"ls1d ws1f\">3<span class=\"_ _5\"/>46,3</span></span></div>\n<div class=\"t m0 x7 hd y9ba ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cotisations de s\u00e9curit\u00e9 sociale<span class=\"_ _124\"> </span><span class=\"ls32 ws34\"> 264<span class=\"_ _1\"/>,3<span class=\"_ _1c9\"> </span><span class=\"ls17 ws19\"> 23<span class=\"_ _5\"/>9,6</span></span></div>\n<div class=\"t m0 x7 hd y9bb ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>nsio<span class=\"_ _5\"/>ns (note 6<span class=\"_ _5\"/>.26)<span class=\"_ _197\"> </span><span class=\"ls2e ws30\"> 8,8<span class=\"_ _1ee\"> </span><span class=\"ls17 ws19\"> 9,<span class=\"_ _5\"/>2</span></span></div>\n<div class=\"t m0 x7 hd y9bc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ind<span class=\"_ _5\"/>emni<span class=\"_ _5\"/>t\u00e9s de ce<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n d'emplo<span class=\"_ _5\"/>i, Aut<span class=\"_ _5\"/>res av<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>ages \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me et</div>\n<div class=\"t m0 x7 hd y9bd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>es pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieu<span class=\"_ _5\"/>rs \u00e0 l'emp<span class=\"_ _5\"/>loi aut<span class=\"_ _5\"/>re que P<span class=\"_ _5\"/>ensi<span class=\"_ _5\"/>on (note 6<span class=\"_ _5\"/>.26)</div>\n<div class=\"t m0 x170 hd y9bc ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\"> 20,5<span class=\"_ _1e2\"> </span><span class=\"ls43 ws4d\"> 11,6</span></div>\n<div class=\"t m0 x7 hf y9be ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x27 h1b y9bf ff7 fs8 fc3 sc0 lsdc ws52\" style=\"z-index: 15;\"> 1<span class=\"_ _5\"/>.70<span class=\"_ _5\"/>5<span class=\"_ _5\"/>,8<span class=\"_ _1ef\"> </span><span class=\"lsba wsda\"> 1.606,8</span></div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022, l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tif d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t s\u2019<span class=\"_ _d\"/>\u00e9le<span class=\"_ _5\"/>vait \u00e0 3<span class=\"_ _5\"/>4.<span class=\"_ _5\"/>509 m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel (20<span class=\"_ _5\"/>21 : 36.<span class=\"_ _5\"/>272), r\u00e9pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tis comm<span class=\"_ _5\"/>e suit :</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el st<span class=\"_ _5\"/>atut<span class=\"_ _5\"/>aire : 6.<span class=\"_ _5\"/>84<span class=\"_ _5\"/>0 (2021 : 7.402).</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel : 27.669 (202<span class=\"_ _5\"/>1 : 28.<span class=\"_ _5\"/>870).</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le no<span class=\"_ _5\"/>mbre moy<span class=\"_ _5\"/>en d\u2019E<span class=\"_ _5\"/>TP po<span class=\"_ _5\"/>ur 2022 \u00e9<span class=\"_ _5\"/>tait d<span class=\"_ _5\"/>e 31.61<span class=\"_ _1\"/>7 (20<span class=\"_ _5\"/>21 : 32.42<span class=\"_ _5\"/>9).</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le no<span class=\"_ _5\"/>mbre moy<span class=\"_ _5\"/>en d\u2019E<span class=\"_ _5\"/>TP et d'in<span class=\"_ _5\"/>t\u00e9rima<span class=\"_ _5\"/>ires p<span class=\"_ _5\"/>our 202<span class=\"_ _5\"/>2 \u00e9tai<span class=\"_ _5\"/>t de 39.<span class=\"_ _5\"/>285 (20<span class=\"_ _5\"/>21 : 40.<span class=\"_ _5\"/>33<span class=\"_ _5\"/>9).</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s de per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel (1.705,8 m<span class=\"_ _5\"/>EUR) et le<span class=\"_ _5\"/>s frai<span class=\"_ _5\"/>s d'int\u00e9ri<span class=\"_ _5\"/>m (367<span class=\"_ _d\"/>,4 mEUR) s<span class=\"_ _5\"/>e son<span class=\"_ _5\"/>t \u00e9lev\u00e9<span class=\"_ _5\"/>s en 202<span class=\"_ _5\"/>2 \u00e0 2.073<span class=\"_ _5\"/>,2 m<span class=\"_ _5\"/>EUR (<span class=\"_ _d\"/>1.<span class=\"_ _5\"/>96<span class=\"_ _5\"/>5,9 mEU<span class=\"_ _5\"/>R en 2021).</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les f<span class=\"_ _5\"/>rais d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el et d'int\u00e9<span class=\"_ _5\"/>rim on<span class=\"_ _5\"/>t augme<span class=\"_ _5\"/>nt\u00e9 de 107<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3 mEUR (9<span class=\"_ _5\"/>9,0 mEUR po<span class=\"_ _5\"/>ur les fr<span class=\"_ _5\"/>ais de p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l et 8,<span class=\"_ _5\"/>3 mEUR p<span class=\"_ _5\"/>our les f<span class=\"_ _5\"/>rais d'in<span class=\"_ _5\"/>t\u00e9rim)</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l'ex<span class=\"_ _5\"/>ercice p<span class=\"_ _5\"/>r\u00e9c\u00e9<span class=\"_ _5\"/>dent<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es fr<span class=\"_ _5\"/>ais de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel e<span class=\"_ _5\"/>t d\u2019int\u00e9r<span class=\"_ _5\"/>im due \u00e0 l'augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s par E<span class=\"_ _5\"/>TP (entre a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s en Bel<span class=\"_ _5\"/>gique<span class=\"_ _5\"/>, 6 index<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s salar<span class=\"_ _5\"/>iale<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de 2% e<span class=\"_ _5\"/>t le change<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>e la r\u00e9gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation s<span class=\"_ _5\"/>ur le tr<span class=\"_ _5\"/>avail de nui<span class=\"_ _5\"/>t), l'<span class=\"_ _d\"/>\u00e9vol<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>\u00e9favo<span class=\"_ _5\"/>rable d<span class=\"_ _5\"/>u taux d<span class=\"_ _5\"/>e change, l<span class=\"_ _5\"/>es effe<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e la Conven<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Colle<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ive de T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>vail (\u201c CC<span class=\"_ _5\"/>T \u201d) 2021 \u2013 202<span class=\"_ _5\"/>2 et le<span class=\"_ _5\"/>s augme<span class=\"_ _5\"/>ntat<span class=\"_ _5\"/>ions li\u00e9<span class=\"_ _5\"/>es au m<span class=\"_ _5\"/>\u00e9rite o<span class=\"_ _5\"/>nt entr<span class=\"_ _5\"/>a\u00een\u00e9 un i<span class=\"_ _5\"/>mpac<span class=\"_ _5\"/>t n\u00e9ga<span class=\"_ _5\"/>tif sur le<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x de 160,1 m<span class=\"_ _5\"/>EUR.</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les e<span class=\"_ _5\"/>ffet<span class=\"_ _5\"/>s sus<span class=\"_ _5\"/>menti<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>s ont \u00e9t\u00e9 pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r la diminut<span class=\"_ _5\"/>ion du no<span class=\"_ _5\"/>mbre d'E<span class=\"_ _5\"/>TP (pr<span class=\"_ _5\"/>oduc<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9 accr<span class=\"_ _5\"/>ue, p<span class=\"_ _5\"/>oursu<span class=\"_ _5\"/>ite de la mis<span class=\"_ _5\"/>e en</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u0153u<span class=\"_ _5\"/>vre de m<span class=\"_ _5\"/>esure<span class=\"_ _5\"/>s de ges<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n sp\u00e9c<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>ques e<span class=\"_ _5\"/>t suppre<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>euxi<span class=\"_ _5\"/>\u00e8mes t<span class=\"_ _5\"/>ourn\u00e9<span class=\"_ _5\"/>es de d<span class=\"_ _5\"/>istr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion en B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue pen<span class=\"_ _5\"/>dant le pi<span class=\"_ _5\"/>c du quatr<span class=\"_ _5\"/>i\u00e8me</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>imes<span class=\"_ _5\"/>tre), qui a g\u00e9n<span class=\"_ _5\"/>\u00e9r\u00e9 une b<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>e des co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e 45,<span class=\"_ _5\"/>2 mEUR, e<span class=\"_ _5\"/>t par un eff<span class=\"_ _5\"/>et de mi<span class=\"_ _5\"/>x posit<span class=\"_ _5\"/>if de 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>6 mEUR, r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ant not<span class=\"_ _5\"/>ammen<span class=\"_ _5\"/>t d'une diminu<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">du no<span class=\"_ _5\"/>mbre d'agent<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s pos<span class=\"_ _5\"/>tes s<span class=\"_ _5\"/>tatut<span class=\"_ _5\"/>aires<span class=\"_ _5\"/>, cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s bar\u00e9<span class=\"_ _5\"/>mique<span class=\"_ _5\"/>s et int\u00e9r<span class=\"_ _5\"/>imair<span class=\"_ _5\"/>es et d'une l<span class=\"_ _5\"/>\u00e9g\u00e8re au<span class=\"_ _5\"/>gment<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n du nomb<span class=\"_ _5\"/>re de tr<span class=\"_ _5\"/>availle<span class=\"_ _5\"/>urs</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">logistique<span class=\"_ _5\"/>s et postaux.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 372px; height: 530px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h1a y11 ffc fs11 fc2 sc0 ls0 ws6d\" style=\"z-index: 15;\">6.26 <span class=\"_ _4\"> </span>Avan<span class=\"_ _d\"/>tages au personne<span class=\"_ _d\"/>l</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st acco<span class=\"_ _5\"/>rde \u00e0 se<span class=\"_ _5\"/>s collab<span class=\"_ _5\"/>orate<span class=\"_ _5\"/>urs ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s et re<span class=\"_ _5\"/>trai<span class=\"_ _5\"/>t\u00e9s de<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages po<span class=\"_ _5\"/>st\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s \u00e0 l\u2019<span class=\"_ _d\"/>em<span class=\"_ _5\"/>ploi, de<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es avant<span class=\"_ _5\"/>ages \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me et de<span class=\"_ _5\"/>s avan<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tag<span class=\"_ _5\"/>es de ces<span class=\"_ _5\"/>sat<span class=\"_ _5\"/>ion d\u2019emplo<span class=\"_ _5\"/>i. Ces pl<span class=\"_ _5\"/>ans d\u2019avant<span class=\"_ _5\"/>ages so<span class=\"_ _5\"/>ciaux o<span class=\"_ _5\"/>nt \u00e9t\u00e9 \u00e9v<span class=\"_ _5\"/>alu\u00e9s co<span class=\"_ _5\"/>nfor<span class=\"_ _5\"/>m\u00e9me<span class=\"_ _5\"/>nt \u00e0 la nor<span class=\"_ _5\"/>me IA<span class=\"_ _5\"/>S 19. Ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tains d<span class=\"_ _5\"/>\u00e9coule<span class=\"_ _5\"/>nt des m<span class=\"_ _5\"/>esure<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u00e9g<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>es dans le c<span class=\"_ _5\"/>adre d<span class=\"_ _5\"/>e Convent<span class=\"_ _5\"/>ions Co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>s de T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>avail (CC<span class=\"_ _5\"/>T). Les av<span class=\"_ _5\"/>antag<span class=\"_ _5\"/>es oc<span class=\"_ _5\"/>troy\u00e9<span class=\"_ _5\"/>s par le bia<span class=\"_ _5\"/>is de ces p<span class=\"_ _5\"/>lans diff<span class=\"_ _5\"/>\u00e8rent s<span class=\"_ _5\"/>elon le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cat\u00e9<span class=\"_ _5\"/>gori<span class=\"_ _5\"/>es de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t: le<span class=\"_ _5\"/>s fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nnaire<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>\u00e9g<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt repr<span class=\"_ _5\"/>is so<span class=\"_ _5\"/>us le nom d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el st<span class=\"_ _5\"/>atuta<span class=\"_ _5\"/>ire) et le pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>el. Il</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fau<span class=\"_ _5\"/>t \u00e9gale<span class=\"_ _5\"/>ment m<span class=\"_ _5\"/>entio<span class=\"_ _5\"/>nner qu<span class=\"_ _5\"/>e bpost SA co<span class=\"_ _5\"/>mpte 3 t<span class=\"_ _5\"/>ype<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>em<span class=\"_ _5\"/>ploy\u00e9s co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>els<span class=\"_ _5\"/>: les cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s bar\u00e9<span class=\"_ _5\"/>mique<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s agent<span class=\"_ _5\"/>s aux<span class=\"_ _5\"/>iliaire<span class=\"_ _5\"/>s et les</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">contractuels non bar\u00e9miques.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les av<span class=\"_ _5\"/>anta<span class=\"_ _5\"/>ges au pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onnel s<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ment com<span class=\"_ _5\"/>me suit<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hb y5a ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y7f8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc8e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>es pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieu<span class=\"_ _5\"/>rs \u00e0 l\u2019empl<span class=\"_ _5\"/>oi (note 6<span class=\"_ _5\"/>.26<span class=\"_ _5\"/>.1)</div>\n<div class=\"t m0 x177 hd yc8f ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">17,<span class=\"_ _2\"/>3<span class=\"_ _1de\"> </span><span class=\"ls26 ws28\">2<span class=\"_ _5\"/>3,3</span></div>\n<div class=\"t m0 x7 hd yc90 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res av<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>ages \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me (note 6<span class=\"_ _5\"/>.26<span class=\"_ _5\"/>.2)</div>\n<div class=\"t m0 x125 hd yc91 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _233\"> </span><span class=\"ls20 ws22\">26<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yc92 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ind<span class=\"_ _5\"/>emni<span class=\"_ _5\"/>t\u00e9s de f<span class=\"_ _5\"/>in de co<span class=\"_ _5\"/>ntr<span class=\"_ _5\"/>at de tr<span class=\"_ _5\"/>avai<span class=\"_ _5\"/>l (<span class=\"_ _d\"/>no<span class=\"_ _5\"/>te 6.<span class=\"_ _5\"/>26.<span class=\"_ _5\"/>3)</div>\n<div class=\"t m0 x108 hd yc93 ff4 fs8 fc2 sc0 ls17 ws19\" style=\"z-index: 15;\">9,<span class=\"_ _5\"/>2<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">8,7</span></div>\n<div class=\"t m0 x7 hf yc94 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x98 h1b yc95 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">244,<span class=\"_ _5\"/>2<span class=\"_ _1fd\"> </span><span class=\"ls27 ws29\">298,2</span></div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ap<span class=\"_ _5\"/>r\u00e8s d\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs d<span class=\"_ _5\"/>\u2019imp\u00f4t<span class=\"_ _5\"/>s diff<span class=\"_ _5\"/>\u00e9r\u00e9s l<span class=\"_ _5\"/>es conce<span class=\"_ _5\"/>rnant<span class=\"_ _5\"/>, les av<span class=\"_ _5\"/>antage<span class=\"_ _5\"/>s au pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel s\u2019\u00e9l\u00e8ve<span class=\"_ _5\"/>nt \u00e0 240,<span class=\"_ _5\"/>1mEUR (2021: 279,<span class=\"_ _5\"/>1 mEUR).</div>\n<div class=\"t m0 x7 hb y409 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yc96 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc97 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>es au pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l<span class=\"_ _240\"> </span><span class=\"ls1a ws1c\"> 24<span class=\"_ _5\"/>4,2<span class=\"_ _1fd\"> </span><span class=\"ls27 ws29\"> 2<span class=\"_ _5\"/>98,2</span></span></div>\n<div class=\"t m0 x7 hd yc98 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d'imp<span class=\"_ _5\"/>\u00f4t<span class=\"_ _5\"/>s dif<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s<span class=\"_ _18e\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,1)<span class=\"_ _134\"> </span><span class=\"ls1b ws1d\">(19<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7 hf yc99 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AVANT<span class=\"_ _1\"/>AGES AU PERSONNEL APR\u00c8S D\u00c9DUCTION DES AC<span class=\"_ _d\"/>TIFS D'IMP\u00d4<span class=\"_ _d\"/>TS DIFF\u00c9R\u00c9S</div>\n<div class=\"t m0 x17e h1b yc9a ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 24<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>1<span class=\"_ _1f7\"> </span> 27<span class=\"_ _5\"/>9,1</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 80px; height: 462px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>tes ne<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de bpo<span class=\"_ _5\"/>st li\u00e9<span class=\"_ _5\"/>es aux av<span class=\"_ _5\"/>anta<span class=\"_ _5\"/>ges au pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onnel co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>nent le<span class=\"_ _5\"/>s \u00e9l\u00e9m<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>nts :</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _150\"> </span><span class=\"ls1b ws1d\"> 3<span class=\"_ _5\"/>05<span class=\"_ _5\"/>,7<span class=\"_ _1c9\"> </span> 3<span class=\"_ _5\"/>8<span class=\"_ _5\"/>4,7</span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime<span class=\"_ _241\"> </span><span class=\"ls2b ws2d\">(61,<span class=\"_ _5\"/>5)<span class=\"_ _1e8\"> </span>(86<span class=\"_ _5\"/>,5)</span></div>\n<div class=\"t m0 x7 hd yc01 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _d\"/> net<span class=\"_ _5\"/>tes<span class=\"_ _154\"> </span><span class=\"ls1a ws1c\"> 244<span class=\"_ _5\"/>,2<span class=\"_ _1fd\"> </span><span class=\"ls27 ws29\"> 298,<span class=\"_ _5\"/>2</span></span></div>\n<div class=\"t m0 x7 hf yc9b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 xfe h1b yc9c ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 24<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2<span class=\"_ _1f7\"> </span> 29<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x7 hd yc9d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s au pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel f<span class=\"_ _5\"/>igu<span class=\"_ _5\"/>rant a<span class=\"_ _5\"/>u bila<span class=\"_ _5\"/>n<span class=\"_ _15a\"> </span> </div>\n<div class=\"t m0 x7 hd yc9e ff4 fs8 fc2 sc0 ls27 ws29\" style=\"z-index: 15;\">Dettes<span class=\"_ _242\"> </span><span class=\"ls1a ws1c\"> 24<span class=\"_ _5\"/>4,2<span class=\"_ _1fd\"> </span></span> 2<span class=\"_ _5\"/>98,2</div>\n<div class=\"t m0 x7 hf yc04 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 xfe h1b yc05 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 24<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2<span class=\"_ _1f7\"> </span> 29<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s dans la v<span class=\"_ _5\"/>aleur ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle net<span class=\"_ _5\"/>te de<span class=\"_ _5\"/>s oblig<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s sont le<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>nts :</div>\n<div class=\"t m0 x7 hc yc9f ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yca0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>le au 1er ja<span class=\"_ _5\"/>nvie<span class=\"_ _5\"/>r <span class=\"_ _19d\"> </span><span class=\"ls1b ws1d\"> 3<span class=\"_ _5\"/>8<span class=\"_ _5\"/>4,7<span class=\"_ _1c9\"> </span><span class=\"ls2e ws30\"> 408,5</span></span></div>\n<div class=\"t m0 x7 hd yca1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x170 hd yca2 ff4 fs8 fc2 sc0 ls17 ws19\" style=\"z-index: 15;\"> 29,<span class=\"_ _5\"/>0<span class=\"_ _1e2\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yca3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x170 hd yca4 ff4 fs8 fc2 sc0 ls17 ws19\" style=\"z-index: 15;\"> 29,<span class=\"_ _5\"/>0<span class=\"_ _1e2\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yca5 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _243\"> </span><span class=\"ls3b ws43\"> 3,1<span class=\"_ _1ee\"> </span></span> 1,6</div>\n<div class=\"t m0 x7 hd yca6 ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _244\"> </span><span class=\"ls0 ws0\">(33<span class=\"_ _5\"/>,8)<span class=\"_ _134\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>2,4)</span></span></div>\n<div class=\"t m0 x7 hd yca7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s<span class=\"_ _245\"> </span><span class=\"ls90 wsa4\">(45<span class=\"_ _5\"/>,4)<span class=\"_ _134\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>0)</span></span></div>\n<div class=\"t m0 x7 hd yca8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels<span class=\"_ _246\"> </span><span class=\"ls90 wsa4\">(45<span class=\"_ _5\"/>,4)<span class=\"_ _134\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>0)</span></span></div>\n<div class=\"t m0 x7 hd yca9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s aut<span class=\"_ _5\"/>res \u00e9l<span class=\"_ _5\"/>\u00e9me<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>u r\u00e9su<span class=\"_ _5\"/>ltat</div>\n<div class=\"t m0 x7 hd ycaa ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">global</div>\n<div class=\"t m0 xd8 hd yca9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(32,<span class=\"_ _5\"/>0)<span class=\"_ _23\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>2<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hd ycab ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels<span class=\"_ _168\"> </span><span class=\"ls0 ws0\">(3<span class=\"_ _5\"/>2,0)<span class=\"_ _23\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _2\"/>7,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7 hf ycac ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">OBLIGA<span class=\"_ _1\"/>TION AU TITRE DES PREST<span class=\"_ _d\"/>A<span class=\"_ _1\"/>TIONS AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x17e h1b ycad ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\"> 30<span class=\"_ _5\"/>5,7<span class=\"_ _9a\"> </span> 3<span class=\"_ _5\"/>84<span class=\"_ _5\"/>,7</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs du r<span class=\"_ _5\"/>\u00e9gime p<span class=\"_ _5\"/>eut \u00ea<span class=\"_ _5\"/>tre r\u00e9<span class=\"_ _5\"/>concili<span class=\"_ _5\"/>\u00e9e comm<span class=\"_ _5\"/>e suit :</div>\n<div class=\"t m0 x7 hc y760 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ycae ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime au 1e<span class=\"_ _5\"/>r janvi<span class=\"_ _5\"/>er<span class=\"_ _56\"> </span><span class=\"ls2b ws2d\">(86,<span class=\"_ _5\"/>5)<span class=\"_ _1e8\"> </span>(88<span class=\"_ _5\"/>,5)</span></div>\n<div class=\"t m0 x7 hd ycaf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Contr<span class=\"_ _5\"/>ibutions de l'employeur<span class=\"_ _247\"> </span><span class=\"ls0 ws0\">(32,<span class=\"_ _5\"/>9)<span class=\"_ _1e8\"> </span>(33<span class=\"_ _5\"/>,2)</span></div>\n<div class=\"t m0 x7 hd ycb0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Con<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uti<span class=\"_ _5\"/>ons de<span class=\"_ _5\"/>s mem<span class=\"_ _5\"/>bres d<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel<span class=\"_ _17c\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,6)<span class=\"_ _1de\"> </span>(1,6<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hd ycb1 ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _19a\"> </span><span class=\"ls26 ws28\"> 3<span class=\"_ _5\"/>3,8<span class=\"_ _1ce\"> </span><span class=\"ls28 ws2a\"> 32,4</span></span></div>\n<div class=\"t m0 x7 hd ycb2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Rev<span class=\"_ _5\"/>enus)/char<span class=\"_ _5\"/>ges d'in<span class=\"_ _5\"/>t\u00e9r\u00ea<span class=\"_ _5\"/>t sur le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs (<span class=\"_ _5\"/>inclu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s)<span class=\"_ _18a\"> </span>(0<span class=\"_ _5\"/>,9)<span class=\"_ _23\"> </span>(0,6)</div>\n<div class=\"t m0 x7 hd ycb3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel s<span class=\"_ _5\"/>ur les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs (in<span class=\"_ _5\"/>clus da<span class=\"_ _5\"/>ns les a<span class=\"_ _5\"/>utr<span class=\"_ _5\"/>es \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du</div>\n<div class=\"t m0 x7 hd ycb4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">r\u00e9sult<span class=\"_ _5\"/>at)</div>\n<div class=\"t m0 x170 hd ycb3 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\"> 26<span class=\"_ _5\"/>,7<span class=\"_ _1ee\"> </span><span class=\"ls7 ws8\"> 5,0</span></div>\n<div class=\"t m0 x7 hf ycb5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">JUSTE V<span class=\"_ _d\"/>ALEUR DES ACTIF<span class=\"_ _d\"/>S DU R\u00c9GIME AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x17e h1b ycb6 ff7 fs8 fc3 sc0 ls90 wsa4\" style=\"z-index: 15;\">(61<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _9a\"> </span>(86<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs du r\u00e9<span class=\"_ _5\"/>gime con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>ent l\u2019avant<span class=\"_ _5\"/>age d\u2019assur<span class=\"_ _5\"/>ance gr<span class=\"_ _5\"/>oupe co<span class=\"_ _5\"/>nform<span class=\"_ _5\"/>\u00e9men<span class=\"_ _5\"/>t \u00e0 la nor<span class=\"_ _5\"/>me IA<span class=\"_ _5\"/>S 19. Ce<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs du r<span class=\"_ _5\"/>\u00e9gime s<span class=\"_ _5\"/>ont d\u00e9<span class=\"_ _5\"/>tenus pa<span class=\"_ _5\"/>r une</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">compa<span class=\"_ _5\"/>gnie d\u2019as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>e et son<span class=\"_ _5\"/>t compos<span class=\"_ _5\"/>\u00e9s de<span class=\"_ _5\"/>s r\u00e9s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ves con<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>tu\u00e9e<span class=\"_ _5\"/>s par le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>ons de l'empl<span class=\"_ _5\"/>oyeurs e<span class=\"_ _5\"/>t de l'employ\u00e9 (con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">d\u2019<span class=\"_ _d\"/>assurance a<span class=\"_ _d\"/>vec un r<span class=\"_ _d\"/>endement garanti)<span class=\"_ _d\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 237px; height: 845px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les v<span class=\"_ _5\"/>ariat<span class=\"_ _5\"/>ions de<span class=\"_ _5\"/>s oblig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns au tit<span class=\"_ _5\"/>re des p<span class=\"_ _5\"/>res<span class=\"_ _5\"/>tati<span class=\"_ _5\"/>ons d\u00e9f<span class=\"_ _5\"/>inie<span class=\"_ _5\"/>s et la jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs du r\u00e9<span class=\"_ _5\"/>gime s<span class=\"_ _5\"/>ont les s<span class=\"_ _5\"/>uivan<span class=\"_ _5\"/>tes en 202<span class=\"_ _5\"/>2 :</div>\n<div class=\"t m0 x7 hc ycb7 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x144 hc ycb8 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">OBLIGATION AU<span class=\"_ _d\"/> TITRE</div>\n<div class=\"t m0 x89 hc ycb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE<span class=\"_ _5\"/>S PRE<span class=\"_ _5\"/>STATIO<span class=\"_ _5\"/>NS</div>\n<div class=\"t m0 xb2 hc ycba ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">D\u00c9FINIES</div>\n<div class=\"t m0 x177 hc ycb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JUS<span class=\"_ _5\"/>TE VA<span class=\"_ _5\"/>LEU<span class=\"_ _5\"/>R DES</div>\n<div class=\"t m0 x10a hc ycba ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S DU R\u00c9<span class=\"_ _5\"/>GIM<span class=\"_ _5\"/>E<span class=\"_ _ea\"> </span><span class=\"ff5 fc0 ls6 ws7\">PASSIFS NET</span></div>\n<div class=\"t m0 x7 hf ycbb ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 x18f h22 ycbc ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 xdf hf ycbb ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x150 h1b ycbd ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\"> 38<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7<span class=\"_ _1e\"> </span><span class=\"ls90 wsa4\">(8<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>5)<span class=\"_ _f6\"> </span><span class=\"ls0 ws0\"> 298<span class=\"_ _5\"/>,2</span></span></div>\n<div class=\"t m0 x7 hd ycbe ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x14e hd ycbf ff4 fs8 fc2 sc0 ls17 ws19\" style=\"z-index: 15;\"> 29,<span class=\"_ _5\"/>0<span class=\"_ _137\"> </span><span class=\"ls0 ws0\"> <span class=\"_ _2a\"> </span></span> 29,0</div>\n<div class=\"t m0 x7 hd ycc0 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Contr<span class=\"_ _5\"/>ibutions de l\u2019employ\u00e9<span class=\"_ _121\"> </span><span class=\"ls0 ws0\"> <span class=\"_ _cc\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>6)<span class=\"_ _16\"> </span>(1<span class=\"_ _5\"/>,6)</span></span></div>\n<div class=\"t m0 x7 hd ycc1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes actuariel<span class=\"_ _5\"/>s<span class=\"_ _d\"/> rapp<span class=\"_ _5\"/>ort\u00e9s comme charges d'<span class=\"_ _d\"/>exploitation<span class=\"_ _130\"> </span><span class=\"ls14 ws16\"> 1,<span class=\"_ _5\"/>9<span class=\"_ _cb\"> </span><span class=\"ls0 ws0\"> <span class=\"_ _142\"> </span></span> 1,9</span></div>\n<div class=\"t m0 x7 hd ycc2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>us-<span class=\"_ _5\"/>total i<span class=\"_ _5\"/>nclus d<span class=\"_ _5\"/>ans le<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nne<span class=\"_ _5\"/>l (<span class=\"_ _d\"/>no<span class=\"_ _5\"/>te 6.1<span class=\"_ _5\"/>2)</div>\n<div class=\"t m0 x14e hd ycc3 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\"> 30,9<span class=\"_ _16\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,6)<span class=\"_ _122\"> </span><span class=\"ls17 ws19\"> 29,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ycc4 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _248\"> </span><span class=\"ls3b ws43\"> 3,1<span class=\"_ _249\"> </span> 3,1</span></div>\n<div class=\"t m0 x7 hd ycc5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Rev<span class=\"_ _5\"/>enus)/char<span class=\"_ _5\"/>ges d'in<span class=\"_ _5\"/>t\u00e9r\u00ea<span class=\"_ _5\"/>t sur le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs (<span class=\"_ _5\"/>inclu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s)<span class=\"_ _bf\"> </span> <span class=\"_ _cc\"> </span>(0,9)<span class=\"_ _103\"> </span>(0,<span class=\"_ _5\"/>9)</div>\n<div class=\"t m0 x7 hd ycc6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes actuariel<span class=\"_ _5\"/>s<span class=\"_ _d\"/> rapp<span class=\"_ _5\"/>ort\u00e9s comme co\u00fbts financier<span class=\"_ _5\"/>s<span class=\"_ _207\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>47,<span class=\"_ _2\"/>2<span class=\"_ _5\"/>)<span class=\"_ _32\"> </span><span class=\"ls0 ws0\"> <span class=\"_ _19\"> </span></span>(<span class=\"_ _5\"/>47,<span class=\"_ _2\"/>2<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hd ycc7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>us-<span class=\"_ _5\"/>total i<span class=\"_ _5\"/>nclus d<span class=\"_ _5\"/>ans le<span class=\"_ _5\"/>s char<span class=\"_ _5\"/>ges f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ci\u00e8r<span class=\"_ _5\"/>es (note 6<span class=\"_ _5\"/>.13)</div>\n<div class=\"t m0 xe6 hd ycc8 ff4 fs8 fc2 sc0 ls90 wsa4\" style=\"z-index: 15;\">(4<span class=\"_ _5\"/>4,1)<span class=\"_ _16\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>9)<span class=\"_ _26\"> </span></span>(45,<span class=\"_ _5\"/>0)</div>\n<div class=\"t m0 x7 hd ycc9 ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _24a\"> </span><span class=\"ls0 ws0\">(33<span class=\"_ _5\"/>,8)<span class=\"_ _129\"> </span><span class=\"ls26 ws28\"> 33,8<span class=\"_ _142\"> </span><span class=\"ls18 ws1a\">0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ycca ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Contr<span class=\"_ _5\"/>ibutions de l'employeur<span class=\"_ _117\"> </span><span class=\"ls0 ws0\"> <span class=\"_ _27\"> </span>(32<span class=\"_ _5\"/>,9)<span class=\"_ _26\"> </span>(32,<span class=\"_ _5\"/>9)</span></div>\n<div class=\"t m0 x7 hf yccb ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SOUS \u2013 TO<span class=\"_ _1\"/>TAL FL<span class=\"_ _d\"/>UX DE TR\u00c9SORERIE CONSOLID\u00c9S</div>\n<div class=\"t m0 x14f h1b yccc ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(4<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _129\"> </span><span class=\"ls45 ws4a\">(1,<span class=\"_ _5\"/>7)<span class=\"_ _119\"> </span><span class=\"lsd4 wsf5\">(48<span class=\"_ _5\"/>,7)</span></span></div>\n<div class=\"t m0 x7 hd yccd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Gai<span class=\"_ _5\"/>ns et (p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes) de r<span class=\"_ _5\"/>\u00e9\u00e9v<span class=\"_ _5\"/>aluat<span class=\"_ _5\"/>ion re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s aut<span class=\"_ _5\"/>res \u00e9<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x7 hd ycce ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">r\u00e9sult<span class=\"_ _5\"/>at global</div>\n<div class=\"t m0 xe6 hd yccd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(32,<span class=\"_ _5\"/>0)<span class=\"_ _122\"> </span><span class=\"ls1b ws1d\"> 26<span class=\"_ _5\"/>,7<span class=\"_ _103\"> </span><span class=\"ls22 ws24\">(5<span class=\"_ _5\"/>,3)</span></span></div>\n<div class=\"t m0 x7 hf yccf ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x150 h1b ycd0 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\"> 30<span class=\"_ _5\"/>5,7<span class=\"_ _119\"> </span><span class=\"ls90 wsa4\">(61<span class=\"_ _5\"/>,5)<span class=\"_ _f6\"> </span><span class=\"ls0 ws0\"> 24<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2</span></span></div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>tes re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>es dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ats s<span class=\"_ _5\"/>ont les s<span class=\"_ _5\"/>uivan<span class=\"_ _5\"/>tes :</div>\n<div class=\"t m0 x7 hb yd ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ycd1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ycd2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x55 hd ycd3 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _1e2\"> </span><span class=\"ls28 ws2a\"> 25,6</span></div>\n<div class=\"t m0 x7 hd ycd4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x55 hd ycd5 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _1e2\"> </span><span class=\"ls28 ws2a\"> 25,6</span></div>\n<div class=\"t m0 x7 hd ycd6 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _243\"> </span><span class=\"ls42 ws4c\"> 2,2<span class=\"_ _1ee\"> </span></span> 1,1</div>\n<div class=\"t m0 x7 hd ycd7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes de r\u00e9\u00e9valuation<span class=\"_ _156\"> </span><span class=\"ls90 wsa4\">(45,4)<span class=\"_ _134\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,0)</span></span></div>\n<div class=\"t m0 x7 hd ycd8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme co\u00fbts financiers<span class=\"_ _c\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>4<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)<span class=\"_ _23\"> </span><span class=\"ls2b ws2d\">(8<span class=\"_ _5\"/>,2)</span></span></div>\n<div class=\"t m0 x7 hd ycd9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme charges d'<span class=\"_ _d\"/>exploitation<span class=\"_ _24b\"> </span><span class=\"ls14 ws16\"> 1,9<span class=\"_ _23\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>9)</span></span></div>\n<div class=\"t m0 x7 hf ycda ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x17e h1b ycdb ff7 fs8 fc3 sc0 ls45 ws4a\" style=\"z-index: 15;\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>8)<span class=\"_ _1d4\"> </span><span class=\"lsd4 wsf5\"> 1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En ce qui con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>e les avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s pos<span class=\"_ _5\"/>t\u00e9rie<span class=\"_ _5\"/>urs \u00e0 l'empl<span class=\"_ _5\"/>oi, les g<span class=\"_ _5\"/>ains et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tua<span class=\"_ _5\"/>riel<span class=\"_ _5\"/>s (tant f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier<span class=\"_ _5\"/>s que d'expl<span class=\"_ _5\"/>oitat<span class=\"_ _5\"/>ion) sont co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal<span class=\"_ _5\"/>. T<span class=\"_ _1\"/>and<span class=\"_ _5\"/>is que le<span class=\"_ _5\"/>s gains e<span class=\"_ _5\"/>t per<span class=\"_ _5\"/>tes a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>arie<span class=\"_ _5\"/>ls (tant f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s que d'exp<span class=\"_ _5\"/>loita<span class=\"_ _5\"/>tion) sur le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es avan<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tag<span class=\"_ _5\"/>es \u00e0 long te<span class=\"_ _5\"/>rme e<span class=\"_ _5\"/>t les ind<span class=\"_ _5\"/>emnit\u00e9<span class=\"_ _5\"/>s de ces<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on d'emploi s<span class=\"_ _5\"/>ont imm<span class=\"_ _5\"/>\u00e9diate<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s dans le com<span class=\"_ _5\"/>pte de r\u00e9<span class=\"_ _5\"/>sultat<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s d\u2019int\u00e9r<span class=\"_ _5\"/>\u00eat<span class=\"_ _5\"/>s ainsi qu<span class=\"_ _5\"/>e les gai<span class=\"_ _5\"/>ns et pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iels f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s sont p<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>ent\u00e9s e<span class=\"_ _5\"/>n charge<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res<span class=\"_ _5\"/>. Le co\u00fbt de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices et l<span class=\"_ _5\"/>es gain<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xploit<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n sont p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt\u00e9s dan<span class=\"_ _5\"/>s les fr<span class=\"_ _5\"/>ais de p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur les f<span class=\"_ _5\"/>rais d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el et le<span class=\"_ _5\"/>s charge<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res es<span class=\"_ _5\"/>t pr\u00e9<span class=\"_ _5\"/>sent\u00e9 c<span class=\"_ _5\"/>i-<span class=\"_ _5\"/>des<span class=\"_ _5\"/>sous :</div>\n<div class=\"t m0 x7 hb y5e ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9d9 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ycdc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel<span class=\"_ _15d\"> </span><span class=\"ls17 ws19\"> 29,<span class=\"_ _5\"/>3<span class=\"_ _1ce\"> </span><span class=\"ls18 ws1a\"> 20,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hd ycdd ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges financi\u00e8res<span class=\"_ _1f0\"> </span><span class=\"ls90 wsa4\">(45<span class=\"_ _5\"/>,0)<span class=\"_ _1de\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _1\"/>,1)</span></span></div>\n<div class=\"t m0 x7 hf ycde ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x17e h1b ycdf ff7 fs8 fc3 sc0 ls45 ws4a\" style=\"z-index: 15;\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>8)<span class=\"_ _1d4\"> </span><span class=\"lsd4 wsf5\"> 1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 200px; height: 882px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La c<span class=\"_ _5\"/>harge re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>e dans les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s \u00e9l\u00e9me<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s du r\u00e9su<span class=\"_ _5\"/>ltat glo<span class=\"_ _5\"/>bal es<span class=\"_ _5\"/>t pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>e ci \u2013 des<span class=\"_ _5\"/>sou<span class=\"_ _5\"/>s:</div>\n<div class=\"t m0 x7 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yce0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9c6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes de r\u00e9\u00e9valuation<span class=\"_ _24c\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _23\"> </span><span class=\"ls0 ws0\">(2,2)</span></span></div>\n<div class=\"t m0 x7 hd y9c7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s <span class=\"_ _24d\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _23\"> </span></span>(2,2)</div>\n<div class=\"t m0 x7 hf yce1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x17d h1b yce2 ff7 fs8 fc3 sc0 lsdb wsfb\" style=\"z-index: 15;\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _1d4\"> </span><span class=\"lse8 ws10b\">(<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipales hy<span class=\"_ _5\"/>poth<span class=\"_ _5\"/>\u00e8se<span class=\"_ _5\"/>s appl<span class=\"_ _5\"/>iqu\u00e9e<span class=\"_ _5\"/>s lors d<span class=\"_ _5\"/>u calcu<span class=\"_ _5\"/>l de l\u2019<span class=\"_ _d\"/>obl<span class=\"_ _5\"/>igati<span class=\"_ _5\"/>on \u00e0 la date de cl<span class=\"_ _5\"/>\u00f4ture so<span class=\"_ _5\"/>nt les su<span class=\"_ _5\"/>ivante<span class=\"_ _5\"/>s:</div>\n<div class=\"t m0 x7 hc y28c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _24e\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yce3 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>au<span class=\"_ _5\"/>x d<span class=\"_ _d\"/>'inflat<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x53 hd yce4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pre<span class=\"_ _5\"/>mi\u00e8r<span class=\"_ _5\"/>e ann\u00e9<span class=\"_ _5\"/>e : 6,0<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x100 hd yce5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">An<span class=\"_ _5\"/>n\u00e9e<span class=\"_ _5\"/>s suiv<span class=\"_ _5\"/>ante<span class=\"_ _5\"/>s : 2,<span class=\"_ _5\"/>5%</div>\n<div class=\"t m0 x69 hd yce3 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">2,0%</div>\n<div class=\"t m0 x7 hd yce6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Augmentations salariales future<span class=\"_ _5\"/>s<span class=\"_ _9\"> </span><span class=\"ls0 ws0\">&lt; 4<span class=\"_ _5\"/>0 yo : Inf<span class=\"_ _5\"/>lat<span class=\"_ _5\"/>ion + 1,<span class=\"_ _5\"/>5% M<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>t </span></div>\n<div class=\"t m0 x190 hd yce7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">[40 \u2013 5<span class=\"_ _5\"/>0] yo : Inf<span class=\"_ _5\"/>lati<span class=\"_ _5\"/>on +<span class=\"_ _d\"/>1,0<span class=\"_ _5\"/>% Me<span class=\"_ _5\"/>rit</div>\n<div class=\"t m0 x191 hd yce8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">&gt; 50 yo : I<span class=\"_ _5\"/>nfl<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n + 0,5<span class=\"_ _5\"/>% Mer<span class=\"_ _5\"/>it</div>\n<div class=\"t m0 x69 hd yce6 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">3,0%</div>\n<div class=\"t m0 x7 hd yce9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>olut<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is m\u00e9d<span class=\"_ _5\"/>icau<span class=\"_ _5\"/>x<span class=\"_ _24f\"> </span><span class=\"ls7 ws8\">5,0%<span class=\"_ _1d9\"> </span>5,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x7 hd ycea ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>ables de mor<span class=\"_ _5\"/>talit\u00e9<span class=\"_ _250\"> </span><span class=\"ls3b ws43\">MR/FR-2<span class=\"_ _e9\"> </span>MR/FR-2</span></div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion ont \u00e9<span class=\"_ _5\"/>t\u00e9 d\u00e9te<span class=\"_ _5\"/>rmin\u00e9<span class=\"_ _5\"/>s par r\u00e9<span class=\"_ _5\"/>f\u00e9ren<span class=\"_ _5\"/>ce aux re<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s du march<span class=\"_ _5\"/>\u00e9 \u00e0 la date du bi<span class=\"_ _5\"/>lan. Le<span class=\"_ _5\"/>s taux d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n utili<span class=\"_ _5\"/>s\u00e9s en</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2 vari<span class=\"_ _5\"/>ent ent<span class=\"_ _5\"/>re 3,<span class=\"_ _5\"/>25 % e<span class=\"_ _5\"/>t 3,9<span class=\"_ _5\"/>0 % (2021: -<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>30 % \u00e0 1,<span class=\"_ _5\"/>10 %<span class=\"_ _d\"/>).</div>\n<div class=\"t m0 x7 hc yceb ff5 fs7 fc2 sc0 lsa2 wsb5\" style=\"z-index: 15;\">AVANT<span class=\"_ _1\"/>AGES<span class=\"_ _1c8\"> </span><span class=\"ff7 ls41 ws4b\">DUR\u00c9E<span class=\"_ _251\"> </span><span class=\"lsd1 wsb2\">TAU<span class=\"_ _5\"/>X D\u2019A<span class=\"_ _5\"/>C<span class=\"_ _5\"/>TUA<span class=\"_ _5\"/>LI<span class=\"_ _5\"/>SAT<span class=\"_ _5\"/>IO<span class=\"_ _5\"/>N<span class=\"_ _36\"> </span></span></span><span class=\"fc0 ls6 ws7\">PASS<span class=\"_ _5\"/>IF<span class=\"_ _d\"/> NET</span></div>\n<div class=\"t m0 xa5 hc ycec ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _252\"> </span> <span class=\"_ _137\"> </span><span class=\"ff7 lse ws10\">2022<span class=\"_ _fd\"> </span><span class=\"lsf ws11\">2021<span class=\"_ _4d\"> </span></span><span class=\"fc0\">2022</span></span></div>\n<div class=\"t m0 x7 hd yced ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Allocations familiales<span class=\"_ _245\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>5<span class=\"_ _be\"> </span><span class=\"ls14 ws16\">3,<span class=\"_ _5\"/>85%<span class=\"_ _35\"> </span><span class=\"ls18 ws1a\">0,65%<span class=\"_ _d8\"> </span><span class=\"ls43 ws4d\"> 11,8</span></span></span></span></div>\n<div class=\"t m0 x7 hd ycee ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Banque<span class=\"_ _253\"> </span><span class=\"ls3b ws43\">12,1<span class=\"_ _fb\"> </span><span class=\"ls1b ws1d\">3,7<span class=\"_ _5\"/>5%<span class=\"_ _fb\"> </span><span class=\"ls2b ws2d\">1,10<span class=\"_ _5\"/>%<span class=\"_ _c0\"> </span></span> 1<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd ycef ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">D\u00e9penses fun\u00e9raires<span class=\"_ _f2\"> </span><span class=\"ls28 ws2a\">6,4<span class=\"_ _17e\"> </span><span class=\"ls14 ws16\">3<span class=\"_ _5\"/>,85%<span class=\"_ _17e\"> </span><span class=\"lsc7 wse7\">0,80%<span class=\"_ _c1\"> </span></span> 1,9</span></span></div>\n<div class=\"t m0 x7 hd ycf0 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Gratif<span class=\"_ _5\"/>ication<span class=\"_ _22f\"> </span><span class=\"ls0 ws0\">de 10,<span class=\"_ _5\"/>9 \u00e0 12<span class=\"_ _5\"/>,4<span class=\"_ _ef\"> </span>de 3<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>5% \u00e0 3,9<span class=\"_ _5\"/>0%<span class=\"_ _21d\"> </span>de 0<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>0% \u00e0 1,0<span class=\"_ _5\"/>0%<span class=\"_ _c0\"> </span></span> 1,3</div>\n<div class=\"t m0 x7 hd ycf1 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">A<span class=\"_ _5\"/>ssurance group<span class=\"_ _5\"/>e<span class=\"_ _18a\"> </span><span class=\"ls0 ws0\">d<span class=\"_ _5\"/>e 10,2 \u00e0 1<span class=\"_ _5\"/>8,0<span class=\"_ _254\"> </span>de 3<span class=\"_ _5\"/>,<span class=\"_ _d\"/>75% \u00e0 3<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>5%<span class=\"_ _dd\"> </span>de 0,<span class=\"_ _5\"/>95% \u00e0 1<span class=\"_ _5\"/>,10%<span class=\"_ _c0\"> </span><span class=\"ls18 ws1a\"> 0,6</span></span></div>\n<div class=\"t m0 x7 hd ycf2 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Abs<span class=\"_ _5\"/>ences cumul\u00e9es<span class=\"_ _255\"> </span><span class=\"ls1b ws1d\">2,7<span class=\"_ _fb\"> </span><span class=\"ls14 ws16\">3,65%<span class=\"_ _cc\"> </span></span></span>-0,0<span class=\"_ _5\"/>5%<span class=\"_ _c3\"> </span><span class=\"ls90 wsa4\"> 14<span class=\"_ _5\"/>,9</span></div>\n<div class=\"t m0 x7 hd ycf3 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Compensation d'accidents de travail<span class=\"_ _fe\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>,2<span class=\"_ _fb\"> </span><span class=\"ls1b ws1d\">3<span class=\"_ _5\"/>,75<span class=\"_ _5\"/>%<span class=\"_ _17e\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>95%<span class=\"_ _c3\"> </span><span class=\"ls27 ws29\"> 98,8</span></span></span></span></div>\n<div class=\"t m0 x7 hd ycf4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s m\u00e9d<span class=\"_ _5\"/>icau<span class=\"_ _5\"/>x d'accid<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de tr<span class=\"_ _5\"/>avai<span class=\"_ _5\"/>l<span class=\"_ _20e\"> </span><span class=\"ls28 ws2a\">13,6<span class=\"_ _fb\"> </span><span class=\"ls1b ws1d\">3<span class=\"_ _5\"/>,75<span class=\"_ _5\"/>%<span class=\"_ _35\"> </span><span class=\"ls2b ws2d\">1,10<span class=\"_ _5\"/>%<span class=\"_ _c0\"> </span></span> 6<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd ycf5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Epargne pension<span class=\"_ _d7\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>9<span class=\"_ _fb\"> </span><span class=\"ls14 ws16\">3,8<span class=\"_ _5\"/>5%<span class=\"_ _17e\"> </span><span class=\"ls18 ws1a\">0,8<span class=\"_ _5\"/>5%<span class=\"_ _c3\"> </span> 80,0</span></span></span></div>\n<div class=\"t m0 x7 hd ycf6 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Prime de jubil\u00e9e<span class=\"_ _256\"> </span><span class=\"ls0 ws0\">de 5,<span class=\"_ _5\"/>4 \u00e0 6,7<span class=\"_ _206\"> </span>d<span class=\"_ _5\"/>e 3,8<span class=\"_ _5\"/>0% \u00e0 3<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>0%<span class=\"_ _254\"> </span>de 0,<span class=\"_ _5\"/>60<span class=\"_ _5\"/>% \u00e0 0,75%<span class=\"_ _c0\"> </span></span> 0,9</div>\n<div class=\"t m0 x7 hd ycf7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DSPR p<span class=\"_ _5\"/>our Jo<span class=\"_ _5\"/>b Mob<span class=\"_ _5\"/>ilit<span class=\"_ _5\"/>y Cent<span class=\"_ _5\"/>er<span class=\"_ _128\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>5<span class=\"_ _35\"> </span><span class=\"lsba wsda\">3,90%<span class=\"_ _17e\"> </span><span class=\"ls18 ws1a\">0,8<span class=\"_ _5\"/>5%<span class=\"_ _c3\"> </span><span class=\"ls3b ws43\"> 12,1</span></span></span></span></div>\n<div class=\"t m0 x7 hd ycf8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9g<span class=\"_ _5\"/>ime de t<span class=\"_ _5\"/>rav<span class=\"_ _5\"/>ail \u00e0 tem<span class=\"_ _5\"/>ps par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>el (54<span class=\"_ _5\"/>+)<span class=\"_ _101\"> </span>de 0,<span class=\"_ _5\"/>9 \u00e0 2,7<span class=\"_ _17e\"> </span><span class=\"ls28 ws2a\">3,60<span class=\"_ _5\"/>%<span class=\"_ _17e\"> </span><span class=\"ls2b ws2d\">0<span class=\"_ _5\"/>,10%<span class=\"_ _c0\"> </span><span class=\"ls14 ws16\"> 4,1</span></span></span></div>\n<div class=\"t m0 x7 hd ycf9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Plan de retraite anticip\u00e9e<span class=\"_ _4a\"> </span><span class=\"ls0 ws0\">de<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>5 \u00e0 1,6<span class=\"_ _21d\"> </span>d<span class=\"_ _5\"/>e 3,<span class=\"_ _5\"/>25% \u00e0 3<span class=\"_ _5\"/>,45%<span class=\"_ _b0\"> </span>de -<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>30% \u00e0 -<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>15%<span class=\"_ _c0\"> </span><span class=\"ls17 ws19\"> 9,2</span></span></div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La d<span class=\"_ _5\"/>ur\u00e9e moy<span class=\"_ _5\"/>enne de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ion au t<span class=\"_ _5\"/>itre de<span class=\"_ _5\"/>s pre<span class=\"_ _5\"/>stat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>\u00e9fin<span class=\"_ _5\"/>ies es<span class=\"_ _5\"/>t de 9,0 a<span class=\"_ _5\"/>ns fin 2<span class=\"_ _5\"/>022 (202<span class=\"_ _5\"/>1: 11,0 ans).</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une an<span class=\"_ _5\"/>alys<span class=\"_ _5\"/>e de sen<span class=\"_ _5\"/>sibilit\u00e9 q<span class=\"_ _5\"/>uantit<span class=\"_ _5\"/>ative p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es signi<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ative<span class=\"_ _5\"/>s au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 20<span class=\"_ _5\"/>22 a \u00e9t\u00e9 d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9e s<span class=\"_ _5\"/>ur bas<span class=\"_ _5\"/>e d'une m\u00e9t<span class=\"_ _5\"/>hode q<span class=\"_ _5\"/>ui</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ex<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>apole l'im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur l'obliga<span class=\"_ _5\"/>tion au t<span class=\"_ _5\"/>itre d<span class=\"_ _5\"/>es pre<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>\u00e9fi<span class=\"_ _5\"/>nies \u00e0 la s<span class=\"_ _5\"/>uite de cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nts r<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>nnable<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s hypot<span class=\"_ _5\"/>h\u00e8s<span class=\"_ _5\"/>es cl\u00e9<span class=\"_ _5\"/>s sur<span class=\"_ _5\"/>venan<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 la f<span class=\"_ _5\"/>in de la p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de de rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ting<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cet<span class=\"_ _5\"/>te ana<span class=\"_ _5\"/>lyse d<span class=\"_ _5\"/>e sens<span class=\"_ _5\"/>ibilit\u00e9 e<span class=\"_ _5\"/>st d\u00e9<span class=\"_ _5\"/>crite c<span class=\"_ _5\"/>i-<span class=\"_ _5\"/>des<span class=\"_ _5\"/>sous<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hc ycfa ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x13b hc ycfb ff7 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">TAU<span class=\"_ _5\"/>X D\u2019A<span class=\"_ _5\"/>C<span class=\"_ _5\"/>TUA<span class=\"_ _5\"/>LI<span class=\"_ _5\"/>SAT<span class=\"_ _5\"/>IO<span class=\"_ _5\"/>N</div>\n<div class=\"t m0 x94 hc ycfa ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TAB<span class=\"_ _5\"/>LE DE<span class=\"ff5\"> </span></div>\n<div class=\"t m0 x119 hc ycfb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">MORTALIT\u00c9 MR/FR</div>\n<div class=\"t m0 x9f hc ycfa ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TAUX D'<span class=\"_ _5\"/>\u00c9V<span class=\"_ _5\"/>OLUT<span class=\"_ _5\"/>ION</div>\n<div class=\"t m0 x131 hc ycfb ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DES FRAIS M\u00c9DICAUX<span class=\"_ _108\"> </span><span class=\"ff5 ls6 ws7\">INFLATION</span></div>\n<div class=\"t m0 x7 hc ycfc ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xd hc ycfd ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">AUGMENTA<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x4e hc ycfc ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE 5<span class=\"_ _5\"/>0 PDB</div>\n<div class=\"t m0 x15b hc ycfd ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">DIMINUTION<span class=\"ff5 ls0 ws0\"> </span></div>\n<div class=\"t m0 x7a hc ycfc ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE 5<span class=\"_ _5\"/>0 PDB</div>\n<div class=\"t m0 x3c hc ycfd ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">DIMINUTION <span class=\"_ _49\"/><span class=\"ff5 ls0 ws0\"> </span></div>\n<div class=\"t m0 x191 hc ycfc ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D'1 A<span class=\"_ _5\"/>NN\u00c9<span class=\"_ _5\"/>E</div>\n<div class=\"t m0 x96 hc ycfd ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">AUGMENT<span class=\"_ _d\"/>ATION<span class=\"_ _d\"/> DE</div>\n<div class=\"t m0 x17d hc ycfc ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0 PDB<span class=\"_ _75\"> </span>50 B<span class=\"_ _5\"/>P IN<span class=\"_ _5\"/>CRE<span class=\"_ _5\"/>AS<span class=\"_ _5\"/>E<span class=\"_ _45\"> </span>5<span class=\"_ _5\"/>0 BP D<span class=\"_ _5\"/>ECRE<span class=\"_ _5\"/>A<span class=\"_ _5\"/>SE</div>\n<div class=\"t m0 x7 hd ycfe ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act s<span class=\"_ _5\"/>ur l'oblig<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on au ti<span class=\"_ _5\"/>tre de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd ycff ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">prest<span class=\"_ _5\"/>ations d\u00e9finies (d<span class=\"_ _d\"/>iminution)<span class=\"_ _d\"/>/</div>\n<div class=\"t m0 x7 hd yd00 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">augment<span class=\"_ _5\"/>ation</div>\n<div class=\"t m0 x183 hd yd01 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(1<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>8)<span class=\"_ _10d\"> </span><span class=\"lsba wsda\"> 13,9<span class=\"_ _b6\"> </span><span class=\"ls26 ws28\"> 3,9</span></span></div>\n<div class=\"t m0 x57 hd yd02 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\"> 0,9<span class=\"_ _bc\"> </span><span class=\"ls12 ws14\"> 7,<span class=\"_ _5\"/>7<span class=\"_ _d4\"> </span>(<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/>)</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 56px; height: 1026px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 wsab\" style=\"z-index: 15;\">6.26.1 Ava<span class=\"_ _d\"/>ntages po<span class=\"_ _d\"/>s<span class=\"_ _5\"/>t<span class=\"_ _d\"/>\u00e9rieurs \u00e0 l\u2019<span class=\"_ _3b\"/>emploi</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les av<span class=\"_ _5\"/>anta<span class=\"_ _5\"/>ges pos<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s \u00e0 l\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>loi rep<span class=\"_ _5\"/>renne<span class=\"_ _5\"/>nt les all<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ions f<span class=\"_ _5\"/>amiliale<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s avanta<span class=\"_ _5\"/>ges ban<span class=\"_ _5\"/>caire<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s frai<span class=\"_ _5\"/>s fun\u00e9<span class=\"_ _5\"/>raire<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s grat<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns pour</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le d\u00e9p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t en ret<span class=\"_ _5\"/>raite e<span class=\"_ _5\"/>t les as<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ances g<span class=\"_ _5\"/>roupe b<span class=\"_ _5\"/>elge<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 hb y84 ff7 fs6 fc3 sc0 ls1e wsd6\" style=\"z-index: 15;\">Allocations fam<span class=\"_ _d\"/>iliales</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel s<span class=\"_ _5\"/>tatu<span class=\"_ _5\"/>taire d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t SA (ac<span class=\"_ _5\"/>tif ou r<span class=\"_ _5\"/>etr<span class=\"_ _5\"/>ait\u00e9) ayant d<span class=\"_ _5\"/>es enf<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s \u00e0 charg<span class=\"_ _5\"/>e (<span class=\"_ _5\"/>jeune<span class=\"_ _5\"/>s et han<span class=\"_ _5\"/>dicap<span class=\"_ _5\"/>\u00e9s) per<span class=\"_ _5\"/>\u00e7oit une all<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion fam<span class=\"_ _5\"/>iliale</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">oc<span class=\"_ _5\"/>troy\u00e9<span class=\"_ _5\"/>e par l\u2019O<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>ce Natio<span class=\"_ _5\"/>nal d\u2019Alloc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s F<span class=\"_ _d\"/>amil<span class=\"_ _5\"/>iales po<span class=\"_ _5\"/>ur T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>availle<span class=\"_ _5\"/>urs S<span class=\"_ _5\"/>alari<span class=\"_ _5\"/>\u00e9s (ONA<span class=\"_ _5\"/>FT<span class=\"_ _5\"/>S). La m\u00e9t<span class=\"_ _5\"/>hod<span class=\"_ _5\"/>e de fin<span class=\"_ _5\"/>ancem<span class=\"_ _5\"/>ent des a<span class=\"_ _5\"/>lloca<span class=\"_ _5\"/>tions</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fam<span class=\"_ _5\"/>iliales p<span class=\"_ _5\"/>our le p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnel s<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>utair<span class=\"_ _5\"/>e a \u00e9t\u00e9 mod<span class=\"_ _5\"/>ifi\u00e9<span class=\"_ _5\"/>e suite \u00e0 un c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent de lo<span class=\"_ _5\"/>i (loi du 19 d<span class=\"_ _5\"/>\u00e9cemb<span class=\"_ _5\"/>re 2014<span class=\"_ _d\"/>). Par con<span class=\"_ _5\"/>s\u00e9q<span class=\"_ _5\"/>uent<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t en ta<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qu\u2019ins<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>ution p<span class=\"_ _5\"/>ubliqu<span class=\"_ _5\"/>e paie une co<span class=\"_ _5\"/>ntri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n d\u00e9f<span class=\"_ _5\"/>inie par u<span class=\"_ _5\"/>ne loi \u2013 pr<span class=\"_ _5\"/>ogram<span class=\"_ _5\"/>me. Le m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t est a<span class=\"_ _5\"/>dapt\u00e9 cha<span class=\"_ _5\"/>que ann<span class=\"_ _5\"/>\u00e9e pro<span class=\"_ _5\"/>por<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nnell<span class=\"_ _5\"/>ement a<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nom<span class=\"_ _5\"/>bre de fo<span class=\"_ _5\"/>nct<span class=\"_ _5\"/>ionnai<span class=\"_ _5\"/>res (\u00e9qui<span class=\"_ _5\"/>valen<span class=\"_ _5\"/>ts te<span class=\"_ _5\"/>mps plei<span class=\"_ _5\"/>n<span class=\"_ _d\"/>) et e<span class=\"_ _5\"/>st s<span class=\"_ _5\"/>oumis \u00e0 l\u2019i<span class=\"_ _5\"/>nflat<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 hb y8a ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Banque</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel s<span class=\"_ _5\"/>tatu<span class=\"_ _5\"/>taire e<span class=\"_ _5\"/>t contr<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tuel de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t SA (ac<span class=\"_ _5\"/>tif ou re<span class=\"_ _5\"/>trai<span class=\"_ _5\"/>t\u00e9) peut b<span class=\"_ _5\"/>\u00e9n\u00e9<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ier d\u2019une r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion s<span class=\"_ _5\"/>ur les fr<span class=\"_ _5\"/>ais adm<span class=\"_ _5\"/>inist<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ifs du com<span class=\"_ _5\"/>pte</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cour<span class=\"_ _5\"/>ant, ai<span class=\"_ _5\"/>nsi que d<span class=\"_ _5\"/>e taux d<span class=\"_ _5\"/>\u2019int\u00e9r\u00ea<span class=\"_ _5\"/>t avant<span class=\"_ _5\"/>ageux e<span class=\"_ _5\"/>t/ou r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tions s<span class=\"_ _5\"/>ur les com<span class=\"_ _5\"/>ptes d\u2019\u00e9par<span class=\"_ _5\"/>gne, le<span class=\"_ _5\"/>s fonds d<span class=\"_ _5\"/>\u2019inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent, le<span class=\"_ _5\"/>s as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ces et le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">pr\u00eat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 hb y8 ff5 fs6 fc3 sc0 ls36 ws3e\" style=\"z-index: 15;\">A<span class=\"_ _5\"/>ssurance groupe</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st oc<span class=\"_ _5\"/>tro<span class=\"_ _5\"/>ie \u00e0 son p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l contr<span class=\"_ _5\"/>act<span class=\"_ _5\"/>uel ac<span class=\"_ _5\"/>tif (s<span class=\"_ _5\"/>ous cer<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>ines co<span class=\"_ _5\"/>nditio<span class=\"_ _5\"/>ns comm<span class=\"_ _5\"/>e le niveau d<span class=\"_ _5\"/>e fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n<span class=\"_ _d\"/>) une a<span class=\"_ _5\"/>ssur<span class=\"_ _5\"/>ance gr<span class=\"_ _5\"/>oupe<span class=\"_ _5\"/>. Depui<span class=\"_ _5\"/>s l\u2019intro<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de la loi sur l<span class=\"_ _5\"/>es pen<span class=\"_ _5\"/>sions co<span class=\"_ _5\"/>mpl\u00e9m<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>ires en B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>que, ce<span class=\"_ _5\"/>s plans on<span class=\"_ _5\"/>t des ca<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>t\u00e9r<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>iques d<span class=\"_ _5\"/>e r\u00e9gim<span class=\"_ _5\"/>e \u00e0 pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ions d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>es en ve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la n<span class=\"_ _5\"/>orme I<span class=\"_ _5\"/>AS 1<span class=\"_ _5\"/>9.</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019employ<span class=\"_ _5\"/>eur doi<span class=\"_ _5\"/>t l\u00e9gale<span class=\"_ _5\"/>ment g<span class=\"_ _5\"/>arant<span class=\"_ _5\"/>ir un ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt donn<span class=\"_ _5\"/>\u00e9 sur les a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime. Av<span class=\"_ _5\"/>ant le chan<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t de la loi su<span class=\"_ _5\"/>r les pe<span class=\"_ _5\"/>nsion<span class=\"_ _5\"/>s compl\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>taire<span class=\"_ _5\"/>s fin 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>1<span class=\"_ _5\"/>5, bpos<span class=\"_ _5\"/>t dev<span class=\"_ _5\"/>ait four<span class=\"_ _5\"/>nir le re<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent minim<span class=\"_ _5\"/>um l\u00e9ga<span class=\"_ _5\"/>l de 3,<span class=\"_ _5\"/>25 % su<span class=\"_ _5\"/>r les cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>loyeur (apr\u00e8<span class=\"_ _5\"/>s fra<span class=\"_ _5\"/>is sur pr<span class=\"_ _5\"/>imes) et</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">3,75 % sur le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>ons de<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res du p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnel<span class=\"_ _5\"/>. Le ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt minimu<span class=\"_ _5\"/>m l\u00e9gal s<span class=\"_ _5\"/>ur les cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>emp<span class=\"_ _5\"/>loyeur e<span class=\"_ _5\"/>st un re<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">moye<span class=\"_ _5\"/>n sur la ca<span class=\"_ _5\"/>rri\u00e8<span class=\"_ _5\"/>re et no<span class=\"_ _5\"/>n pas un re<span class=\"_ _5\"/>ndem<span class=\"_ _5\"/>ent ann<span class=\"_ _5\"/>uel o\u00f9 le mi<span class=\"_ _5\"/>nimum l\u00e9g<span class=\"_ _5\"/>al sur le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>ons de<span class=\"_ _5\"/>s membr<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rs<span class=\"_ _5\"/>onnel d<span class=\"_ _5\"/>evr<span class=\"_ _5\"/>ait \u00eatr<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">accord<span class=\"_ _d\"/>\u00e9 d\u2019<span class=\"_ _d\"/>ann\u00e9e en<span class=\"_ _d\"/> ann\u00e9e.</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Bie<span class=\"_ _5\"/>n que l\u2019appro<span class=\"_ _5\"/>che ne s<span class=\"_ _5\"/>oit touj<span class=\"_ _5\"/>ours p<span class=\"_ _5\"/>as compl\u00e8<span class=\"_ _5\"/>teme<span class=\"_ _5\"/>nt clar<span class=\"_ _5\"/>ifi\u00e9<span class=\"_ _5\"/>e, la no<span class=\"_ _5\"/>uvelle l\u00e9<span class=\"_ _5\"/>gisla<span class=\"_ _5\"/>tion de d<span class=\"_ _5\"/>\u00e9cemb<span class=\"_ _5\"/>re 2015 a ap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t\u00e9 plu<span class=\"_ _5\"/>s de pr\u00e9<span class=\"_ _5\"/>cision<span class=\"_ _5\"/>s sur les</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tau<span class=\"_ _5\"/>x de ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt minimu<span class=\"_ _5\"/>m gara<span class=\"_ _5\"/>ntis<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>\u2019ince<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>itud<span class=\"_ _5\"/>e concer<span class=\"_ _5\"/>nant l\u2019\u00e9volut<span class=\"_ _5\"/>ion fu<span class=\"_ _5\"/>ture de<span class=\"_ _5\"/>s taux d<span class=\"_ _5\"/>e rend<span class=\"_ _5\"/>ement m<span class=\"_ _5\"/>inimum ga<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>is en Be<span class=\"_ _5\"/>lgiqu<span class=\"_ _5\"/>e a \u00e9t\u00e9</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lev\u00e9<span class=\"_ _5\"/>e avec l'adap<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n de la loi su<span class=\"_ _5\"/>r les pe<span class=\"_ _5\"/>nsion<span class=\"_ _5\"/>s compl\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>aires (<span class=\"_ _5\"/>WAP/LPC) f<span class=\"_ _5\"/>in d\u00e9ce<span class=\"_ _5\"/>mbre 201<span class=\"_ _5\"/>5. A par<span class=\"_ _5\"/>tir d<span class=\"_ _5\"/>e 201<span class=\"_ _d\"/>6, l<span class=\"_ _5\"/>e rende<span class=\"_ _5\"/>ment mi<span class=\"_ _5\"/>nimal po<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les co<span class=\"_ _5\"/>ntrib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>ns fut<span class=\"_ _5\"/>ures cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>pond \u00e0 un p<span class=\"_ _5\"/>ource<span class=\"_ _5\"/>ntage du r<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment mo<span class=\"_ _5\"/>yen des 24 d<span class=\"_ _5\"/>erni<span class=\"_ _5\"/>ers m<span class=\"_ _5\"/>ois pou<span class=\"_ _5\"/>r des ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>ons lin\u00e9<span class=\"_ _5\"/>aires \u00e0 10 an<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">avec u<span class=\"_ _5\"/>n minimum de 1<span class=\"_ _5\"/>,<span class=\"_ _d\"/>75 % par a<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Bie<span class=\"_ _5\"/>n qu'il n'y ait pas s<span class=\"_ _5\"/>ur le march<span class=\"_ _5\"/>\u00e9 de cons<span class=\"_ _5\"/>ensu<span class=\"_ _5\"/>s int\u00e9gr<span class=\"_ _5\"/>al conce<span class=\"_ _5\"/>rnant la m<span class=\"_ _5\"/>\u00e9th<span class=\"_ _5\"/>odolo<span class=\"_ _5\"/>gie, en 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>18<span class=\"_ _5\"/>, la m\u00e9t<span class=\"_ _5\"/>hodo<span class=\"_ _5\"/>logie s<span class=\"_ _5\"/>ous \u2013 jace<span class=\"_ _5\"/>nte utilis<span class=\"_ _5\"/>\u00e9e p<span class=\"_ _5\"/>our la</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on IA<span class=\"_ _5\"/>S19 de ce<span class=\"_ _5\"/>s plans \u00e0 con<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ution<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>inies a \u00e9<span class=\"_ _5\"/>t\u00e9 aff<span class=\"_ _5\"/>in\u00e9e e<span class=\"_ _5\"/>n tenant co<span class=\"_ _5\"/>mpte de l'\u00e9volu<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s m\u00e9t<span class=\"_ _5\"/>hodo<span class=\"_ _5\"/>logie<span class=\"_ _5\"/>s sur le mar-</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ch\u00e9<span class=\"_ _5\"/>, en ver<span class=\"_ _5\"/>tu de n<span class=\"_ _5\"/>ouvea<span class=\"_ _5\"/>ux ens<span class=\"_ _5\"/>eigne<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t contin<span class=\"_ _5\"/>ue \u00e0 utili<span class=\"_ _5\"/>ser la m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>dolog<span class=\"_ _5\"/>ie PUC (pr<span class=\"_ _5\"/>ojec<span class=\"_ _5\"/>ted uni<span class=\"_ _5\"/>t credi<span class=\"_ _5\"/>t), mais san<span class=\"_ _5\"/>s proje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>t salai<span class=\"_ _5\"/>res fu<span class=\"_ _5\"/>turs<span class=\"_ _5\"/>, car le<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ions n'augme<span class=\"_ _5\"/>ntent pa<span class=\"_ _5\"/>s avec l'\u00e2ge. L<span class=\"_ _5\"/>a seu<span class=\"_ _5\"/>le rais<span class=\"_ _5\"/>on pou<span class=\"_ _5\"/>r laque<span class=\"_ _5\"/>lle les con<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ution<span class=\"_ _5\"/>s peuv<span class=\"_ _5\"/>ent</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">augm<span class=\"_ _5\"/>enter s<span class=\"_ _5\"/>ensi<span class=\"_ _5\"/>bleme<span class=\"_ _5\"/>nt \u00e0 un st<span class=\"_ _5\"/>ade ult\u00e9<span class=\"_ _5\"/>rieu<span class=\"_ _5\"/>r de la car<span class=\"_ _5\"/>ri\u00e8<span class=\"_ _5\"/>re es<span class=\"_ _5\"/>t li\u00e9e \u00e0 d<span class=\"_ _5\"/>es augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tions s<span class=\"_ _5\"/>alar<span class=\"_ _5\"/>iales pl<span class=\"_ _5\"/>us \u00e9lev\u00e9<span class=\"_ _5\"/>es qu<span class=\"_ _5\"/>e les ind<span class=\"_ _5\"/>exat<span class=\"_ _5\"/>ions dan<span class=\"_ _5\"/>s les</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">plan<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>\u00e9<span class=\"_ _5\"/>chelo<span class=\"_ _5\"/>nneme<span class=\"_ _5\"/>nt. b<span class=\"_ _5\"/>post a<span class=\"_ _5\"/>ppliq<span class=\"_ _5\"/>ue le par<span class=\"_ _5\"/>agrap<span class=\"_ _5\"/>he 115 d<span class=\"_ _5\"/>e la nor<span class=\"_ _5\"/>me IA<span class=\"_ _5\"/>S 19. Le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs e<span class=\"_ _5\"/>t pass<span class=\"_ _5\"/>ifs s<span class=\"_ _5\"/>ont d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>\u00e9s en te<span class=\"_ _5\"/>nant compt<span class=\"_ _5\"/>e des</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gar<span class=\"_ _5\"/>anti<span class=\"_ _5\"/>es d'int\u00e9r<span class=\"_ _5\"/>\u00eat cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tuell<span class=\"_ _5\"/>es sur le<span class=\"_ _5\"/>s r\u00e9s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ves mat<span class=\"_ _5\"/>h\u00e9mat<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s, gar<span class=\"_ _5\"/>anti<span class=\"_ _5\"/>es par la co<span class=\"_ _5\"/>mpagni<span class=\"_ _5\"/>e d'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ance. L<span class=\"_ _1\"/>'appli<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n du para<span class=\"_ _5\"/>grap<span class=\"_ _5\"/>he 115</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>ut entr<span class=\"_ _5\"/>a\u00eene<span class=\"_ _5\"/>r une augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de l'ac<span class=\"_ _5\"/>tif lo<span class=\"_ _5\"/>rsq<span class=\"_ _5\"/>ue les t<span class=\"_ _5\"/>aux d'int\u00e9<span class=\"_ _5\"/>r\u00eat gar<span class=\"_ _5\"/>anti<span class=\"_ _5\"/>s sont su<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s au tau<span class=\"_ _5\"/>x d'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on, ce qui s<span class=\"_ _5\"/>e tra<span class=\"_ _5\"/>duit par un<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>e la det<span class=\"_ _5\"/>te net<span class=\"_ _5\"/>te.</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te net<span class=\"_ _5\"/>te pour l<span class=\"_ _5\"/>es avant<span class=\"_ _5\"/>ages p<span class=\"_ _5\"/>ost\u00e9<span class=\"_ _5\"/>rie<span class=\"_ _5\"/>urs \u00e0 l\u2019emploi co<span class=\"_ _5\"/>mpre<span class=\"_ _5\"/>nd les \u00e9l<span class=\"_ _5\"/>\u00e9ment<span class=\"_ _5\"/>s sui<span class=\"_ _5\"/>vant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hb y20d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd03 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd04 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _257\"> </span><span class=\"ls20 ws22\"> 78,<span class=\"_ _5\"/>8<span class=\"_ _1fd\"> </span><span class=\"ls2b ws2d\"> 10<span class=\"_ _5\"/>9,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hd yd05 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime<span class=\"_ _241\"> </span><span class=\"ls2b ws2d\">(61,<span class=\"_ _5\"/>5)<span class=\"_ _1e8\"> </span>(86<span class=\"_ _5\"/>,5)</span></div>\n<div class=\"t m0 x7 hd yd06 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _d\"/> net<span class=\"_ _5\"/>tes<span class=\"_ _258\"> </span><span class=\"ls12 ws14\"> 17,<span class=\"_ _2\"/>3<span class=\"_ _1f5\"> </span><span class=\"ls26 ws28\"> 2<span class=\"_ _5\"/>3,3</span></span></div>\n<div class=\"t m0 x7 hf yd07 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 x17d h1b yd08 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> 17,<span class=\"_ _5\"/>3<span class=\"_ _1d4\"> </span><span class=\"ls0 ws0\"> 2<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yd09 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s au pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel f<span class=\"_ _5\"/>igu<span class=\"_ _5\"/>rant a<span class=\"_ _5\"/>u bila<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x7 hd yd0a ff4 fs8 fc2 sc0 ls27 ws29\" style=\"z-index: 15;\">Dettes<span class=\"_ _259\"> </span><span class=\"ls12 ws14\"> 17,<span class=\"_ _2\"/>3<span class=\"_ _1f5\"> </span><span class=\"ls26 ws28\"> 2<span class=\"_ _5\"/>3,3</span></span></div>\n<div class=\"t m0 x7 hf yd0b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 x17d h1b yd0c ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> 17,<span class=\"_ _5\"/>3<span class=\"_ _1d4\"> </span><span class=\"ls0 ws0\"> 2<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 163px; height: 919px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s dans la v<span class=\"_ _5\"/>aleur ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle des o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>ociale<span class=\"_ _5\"/>s sont l<span class=\"_ _5\"/>es suiv<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hc y925 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd0d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>le au 1er ja<span class=\"_ _5\"/>nvie<span class=\"_ _5\"/>r <span class=\"_ _25a\"> </span><span class=\"ls2b ws2d\"> 109,<span class=\"_ _5\"/>8<span class=\"_ _1fd\"> </span><span class=\"ls43 ws4d\"> 11<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd yd0e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x170 hd yd0f ff4 fs8 fc2 sc0 ls43 ws4d\" style=\"z-index: 15;\"> 11,1<span class=\"_ _1e2\"> </span><span class=\"ls1b ws1d\"> 1<span class=\"_ _5\"/>1,7</span></div>\n<div class=\"t m0 x7 hd yd10 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x170 hd yd11 ff4 fs8 fc2 sc0 ls43 ws4d\" style=\"z-index: 15;\"> 11,1<span class=\"_ _1e2\"> </span><span class=\"ls1b ws1d\"> 1<span class=\"_ _5\"/>1,7</span></div>\n<div class=\"t m0 x7 hd yd12 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _243\"> </span> 1,1<span class=\"_ _1ee\"> </span><span class=\"ls18 ws1a\"> 0,6</span></div>\n<div class=\"t m0 x7 hd yd13 ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _244\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>2)<span class=\"_ _233\"> </span>(10,<span class=\"_ _5\"/>5)</span></div>\n<div class=\"t m0 x7 hd yd14 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s<span class=\"_ _255\"> </span><span class=\"ls18 ws1a\"> 0,<span class=\"_ _5\"/>0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd yd15 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s <span class=\"_ _25a\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _25b\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd yd16 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s aut<span class=\"_ _5\"/>res \u00e9l<span class=\"_ _5\"/>\u00e9me<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>u r\u00e9su<span class=\"_ _5\"/>ltat</div>\n<div class=\"t m0 x7 hd yd17 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">global</div>\n<div class=\"t m0 xd8 hd yd16 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(32,<span class=\"_ _5\"/>0)<span class=\"_ _23\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>2<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hd yd18 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels<span class=\"_ _168\"> </span><span class=\"ls0 ws0\">(3<span class=\"_ _5\"/>2,0)<span class=\"_ _23\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _2\"/>7,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7 hf yd19 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">OBLIGA<span class=\"_ _1\"/>TION AU TITRE DES PREST<span class=\"_ _d\"/>A<span class=\"_ _1\"/>TIONS AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x125 h1b yd1a ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 78<span class=\"_ _5\"/>,8<span class=\"_ _1f7\"> </span> 1<span class=\"_ _5\"/>09,<span class=\"_ _5\"/>8</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs du r<span class=\"_ _5\"/>\u00e9gime e<span class=\"_ _5\"/>st p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt\u00e9e com<span class=\"_ _5\"/>me suit :</div>\n<div class=\"t m0 x7 hc yd1b ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd1c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime au 1e<span class=\"_ _5\"/>r janvi<span class=\"_ _5\"/>er<span class=\"_ _56\"> </span><span class=\"ls2b ws2d\">(86,<span class=\"_ _5\"/>5)<span class=\"_ _1e8\"> </span>(88<span class=\"_ _5\"/>,5)</span></div>\n<div class=\"t m0 x7 hd yd1d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Contr<span class=\"_ _5\"/>ibutions de l'employeur<span class=\"_ _247\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>3)<span class=\"_ _134\"> </span>(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>3)</span></div>\n<div class=\"t m0 x7 hd yd1e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Con<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uti<span class=\"_ _5\"/>ons de<span class=\"_ _5\"/>s mem<span class=\"_ _5\"/>bres d<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel<span class=\"_ _17c\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,6)<span class=\"_ _1de\"> </span>(1,6<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hd yd1f ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _193\"> </span><span class=\"ls43 ws4d\"> 11,2<span class=\"_ _1e2\"> </span><span class=\"ls2b ws2d\"> 10,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd yd20 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Rev<span class=\"_ _5\"/>enus)/char<span class=\"_ _5\"/>ges d'in<span class=\"_ _5\"/>t\u00e9r\u00ea<span class=\"_ _5\"/>t sur le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs (<span class=\"_ _5\"/>inclu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s)<span class=\"_ _18a\"> </span>(0<span class=\"_ _5\"/>,9)<span class=\"_ _23\"> </span>(0,6)</div>\n<div class=\"t m0 x7 hd yd21 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel s<span class=\"_ _5\"/>ur les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs (in<span class=\"_ _5\"/>clus da<span class=\"_ _5\"/>ns les a<span class=\"_ _5\"/>utr<span class=\"_ _5\"/>es \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du</div>\n<div class=\"t m0 x7 hd yd22 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">r\u00e9sult<span class=\"_ _5\"/>at)</div>\n<div class=\"t m0 x170 hd yd21 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\"> 26<span class=\"_ _5\"/>,7<span class=\"_ _1ee\"> </span><span class=\"ls7 ws8\"> 5,0</span></div>\n<div class=\"t m0 x7 hf yd23 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">JUSTE V<span class=\"_ _d\"/>ALEUR DES ACTIF<span class=\"_ _d\"/>S DU R\u00c9GIME AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x17e h1b yd24 ff7 fs8 fc3 sc0 ls90 wsa4\" style=\"z-index: 15;\">(61<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _9a\"> </span>(86<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La c<span class=\"_ _5\"/>harge ne<span class=\"_ _5\"/>tte r<span class=\"_ _5\"/>econn<span class=\"_ _5\"/>ue dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>st pr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>t\u00e9e ci \u2013 de<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>us :</div>\n<div class=\"t m0 x7 hb y433 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd25 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd26 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x10a hd yd27 ff4 fs8 fc2 sc0 ls17 ws19\" style=\"z-index: 15;\"> 9,<span class=\"_ _5\"/>5<span class=\"_ _1f5\"> </span><span class=\"ls2b ws2d\"> 10,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd yd28 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x10a hd yd29 ff4 fs8 fc2 sc0 ls17 ws19\" style=\"z-index: 15;\"> 9,<span class=\"_ _5\"/>5<span class=\"_ _1f5\"> </span><span class=\"ls2b ws2d\"> 10,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd yd2a ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _243\"> </span><span class=\"ls18 ws1a\"> 0,1<span class=\"_ _1ee\"> </span> 0,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd yd2b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes de r\u00e9\u00e9valuation<span class=\"_ _112\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd yd2c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme co\u00fbts financiers<span class=\"_ _25c\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd yd2d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme charges d'<span class=\"_ _d\"/>exploitation<span class=\"_ _24b\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _25b\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hf yd2e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x10a h1b yd2f ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 9,6<span class=\"_ _1d4\"> </span> 10<span class=\"_ _5\"/>,1</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur les f<span class=\"_ _5\"/>rais d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el et le<span class=\"_ _5\"/>s charge<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res es<span class=\"_ _5\"/>t pr\u00e9<span class=\"_ _5\"/>sent\u00e9 c<span class=\"_ _5\"/>i \u2013 des<span class=\"_ _5\"/>sous :</div>\n<div class=\"t m0 x7 hb y62 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd30 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd31 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel<span class=\"_ _1e5\"> </span><span class=\"ls17 ws19\"> 9,5<span class=\"_ _1e2\"> </span><span class=\"ls2b ws2d\"> 10,0</span></span></div>\n<div class=\"t m0 x7 hd yd32 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges financi\u00e8res<span class=\"_ _25d\"> </span><span class=\"ls18 ws1a\"> 0,1<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hf yd33 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x10a h1b yd34 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 9,6<span class=\"_ _1d4\"> </span> 10<span class=\"_ _5\"/>,1</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 140px; height: 942px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La c<span class=\"_ _5\"/>harge re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>e dans les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s \u00e9l\u00e9me<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s du r\u00e9su<span class=\"_ _5\"/>ltat glo<span class=\"_ _5\"/>bal es<span class=\"_ _5\"/>t pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>e ci \u2013 des<span class=\"_ _5\"/>sou<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes de r\u00e9\u00e9valuation<span class=\"_ _24c\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _23\"> </span><span class=\"ls0 ws0\">(2,2)</span></span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels<span class=\"_ _25e\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _23\"> </span><span class=\"ls0 ws0\">(2,2)</span></span></div>\n<div class=\"t m0 x7 hf y993 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x17d h1b y994 ff7 fs8 fc3 sc0 lsdb wsfb\" style=\"z-index: 15;\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _1d4\"> </span><span class=\"lse8 ws10b\">(<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x5 h1a y8b ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.26.2 Autres ava<span class=\"_ _d\"/>ntag<span class=\"_ _d\"/>es \u00e0 long t<span class=\"_ _d\"/>erme</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s avant<span class=\"_ _5\"/>ages \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e compre<span class=\"_ _5\"/>nnent l<span class=\"_ _5\"/>a r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion des a<span class=\"_ _5\"/>bsen<span class=\"_ _5\"/>ces cumu<span class=\"_ _5\"/>l\u00e9es<span class=\"_ _5\"/>, les jo<span class=\"_ _5\"/>urs d\u2019\u00e9par<span class=\"_ _5\"/>gne \u2013 pe<span class=\"_ _5\"/>nsion<span class=\"_ _5\"/>, le r\u00e9gi<span class=\"_ _5\"/>me de tr<span class=\"_ _5\"/>avail \u00e0</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">temp<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>l, les pl<span class=\"_ _5\"/>ans de com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n et fra<span class=\"_ _5\"/>is m\u00e9d<span class=\"_ _5\"/>icaux a<span class=\"_ _5\"/>ccord\u00e9<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>es accid<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de tr<span class=\"_ _5\"/>avail, le<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>mes de ju<span class=\"_ _5\"/>bil\u00e9 et le DS<span class=\"_ _5\"/>PR pour le J<span class=\"_ _5\"/>ob</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Mobility Cent<span class=\"_ _d\"/>er<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 hb y8f ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">R\u00e9mun\u00e9ration des<span class=\"_ _d\"/> absences cumul\u00e9es</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel s<span class=\"_ _5\"/>tatu<span class=\"_ _5\"/>taire d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t SA re<span class=\"_ _5\"/>\u00e7oive<span class=\"_ _5\"/>nt 21 jour<span class=\"_ _5\"/>s de mala<span class=\"_ _5\"/>die par a<span class=\"_ _5\"/>n. Dur<span class=\"_ _5\"/>ant ces 21 j<span class=\"_ _5\"/>ours e<span class=\"_ _5\"/>t s\u2019ils s<span class=\"_ _5\"/>ont couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts p<span class=\"_ _5\"/>ar un cer<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>i-</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cat m<span class=\"_ _5\"/>\u00e9dic<span class=\"_ _5\"/>al, il<span class=\"_ _5\"/>s per\u00e7o<span class=\"_ _5\"/>ivent 10<span class=\"_ _5\"/>0 % de leur s<span class=\"_ _5\"/>alair<span class=\"_ _5\"/>e. Si au cour<span class=\"_ _5\"/>s de l\u2019ann\u00e9<span class=\"_ _5\"/>e, le fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nnaire n\u2019uti<span class=\"_ _5\"/>lise pa<span class=\"_ _5\"/>s ses 21 j<span class=\"_ _5\"/>ours d<span class=\"_ _5\"/>e maladi<span class=\"_ _5\"/>e, ces jou<span class=\"_ _5\"/>rs pe<span class=\"_ _5\"/>uvent</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00eat<span class=\"_ _5\"/>re cumul\u00e9<span class=\"_ _5\"/>s dans une c<span class=\"_ _5\"/>agno<span class=\"_ _5\"/>tte jus<span class=\"_ _5\"/>qu\u2019\u00e0 un max<span class=\"_ _5\"/>imum de 6<span class=\"_ _5\"/>3 jours (vo<span class=\"_ _5\"/>ir sec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n sur les j<span class=\"_ _5\"/>ours d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>parg<span class=\"_ _5\"/>ne pen<span class=\"_ _5\"/>sion ci \u2013 a<span class=\"_ _5\"/>pr\u00e8s). Les f<span class=\"_ _5\"/>onc<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>aires</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qui s<span class=\"_ _5\"/>ont mala<span class=\"_ _5\"/>des plu<span class=\"_ _5\"/>s de 21 jour<span class=\"_ _5\"/>s au cour<span class=\"_ _5\"/>s de l\u2019ann\u00e9<span class=\"_ _5\"/>e devro<span class=\"_ _5\"/>nt d\u2019abord u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>er la cag<span class=\"_ _5\"/>not<span class=\"_ _5\"/>te cons<span class=\"_ _5\"/>titu\u00e9<span class=\"_ _5\"/>e dura<span class=\"_ _5\"/>nt l\u2019<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>\u00e9e et u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>eront e<span class=\"_ _5\"/>nsuite le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jour<span class=\"_ _5\"/>s \u00e9par<span class=\"_ _5\"/>gn\u00e9<span class=\"_ _5\"/>s au cours d<span class=\"_ _5\"/>es ann<span class=\"_ _5\"/>\u00e9es p<span class=\"_ _5\"/>r\u00e9c\u00e9<span class=\"_ _5\"/>dente<span class=\"_ _5\"/>s. Dur<span class=\"_ _5\"/>ant cet<span class=\"_ _5\"/>te p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de, ils r<span class=\"_ _5\"/>ecev<span class=\"_ _5\"/>ront leu<span class=\"_ _5\"/>r salair<span class=\"_ _5\"/>e \u00e0 100 %<span class=\"_ _5\"/>. A par<span class=\"_ _5\"/>tir du m<span class=\"_ _5\"/>oment o<span class=\"_ _5\"/>\u00f9 leur ca<span class=\"_ _5\"/>gnot<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>t utili<span class=\"_ _5\"/>s\u00e9e co<span class=\"_ _5\"/>mpl\u00e8te<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>, ils re<span class=\"_ _5\"/>cevro<span class=\"_ _5\"/>nt un sal<span class=\"_ _5\"/>aire r\u00e9<span class=\"_ _5\"/>duit.</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st S<span class=\"_ _5\"/>A pren<span class=\"_ _5\"/>d \u00e0 sa char<span class=\"_ _5\"/>ge le sal<span class=\"_ _5\"/>aire pay\u00e9 \u00e0 10<span class=\"_ _5\"/>0 % sous le r<span class=\"_ _5\"/>\u00e9gime d<span class=\"_ _5\"/>es jou<span class=\"_ _5\"/>rs disp<span class=\"_ _5\"/>onibl<span class=\"_ _5\"/>es ains<span class=\"_ _5\"/>i que le sa<span class=\"_ _5\"/>laire r\u00e9<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Auc<span class=\"_ _5\"/>une mod<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n dans la m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>dolog<span class=\"_ _5\"/>ie de cal<span class=\"_ _5\"/>cul n\u2019<span class=\"_ _d\"/>a \u00e9t\u00e9 a<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>e par rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t \u00e0 202<span class=\"_ _5\"/>1. La va<span class=\"_ _5\"/>lori<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n se bas<span class=\"_ _5\"/>e sur les f<span class=\"_ _5\"/>utur<span class=\"_ _5\"/>s \u201cpaiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00e9<span class=\"_ _5\"/>vus / so<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ties d<span class=\"_ _5\"/>e liquidi<span class=\"_ _5\"/>t\u00e9s\u201d<span class=\"_ _d\"/>. Ceu<span class=\"_ _5\"/>x \u2013 ci son<span class=\"_ _5\"/>t calcul<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r l\u2019<span class=\"_ _d\"/>ens<span class=\"_ _5\"/>emble d<span class=\"_ _5\"/>e la pop<span class=\"_ _5\"/>ulatio<span class=\"_ _5\"/>n consid<span class=\"_ _5\"/>\u00e9r\u00e9e<span class=\"_ _5\"/>, sur bas<span class=\"_ _5\"/>e d\u2019un cer<span class=\"_ _5\"/>tain s<span class=\"_ _5\"/>ch\u00e9m<span class=\"_ _5\"/>a de \u201cconso<span class=\"_ _5\"/>m-</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mati<span class=\"_ _5\"/>on\u201d obten<span class=\"_ _5\"/>u \u00e0 par<span class=\"_ _5\"/>tir de<span class=\"_ _5\"/>s st<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s relat<span class=\"_ _5\"/>ives a<span class=\"_ _5\"/>ux douz<span class=\"_ _5\"/>e mois de 20<span class=\"_ _5\"/>22<span class=\"_ _5\"/>. La cag<span class=\"_ _5\"/>not<span class=\"_ _5\"/>te proje<span class=\"_ _5\"/>t\u00e9e es<span class=\"_ _5\"/>t \u00e9va<span class=\"_ _5\"/>lu\u00e9e in<span class=\"_ _5\"/>divid<span class=\"_ _5\"/>uelle<span class=\"_ _5\"/>ment et d<span class=\"_ _5\"/>iminue e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fon<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on du nom<span class=\"_ _5\"/>bre r\u00e9<span class=\"_ _5\"/>el de jou<span class=\"_ _5\"/>rs de mal<span class=\"_ _5\"/>adie.</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pai<span class=\"_ _5\"/>ement a<span class=\"_ _5\"/>nnuel e<span class=\"_ _5\"/>st co<span class=\"_ _5\"/>nsti<span class=\"_ _5\"/>tu\u00e9 du no<span class=\"_ _5\"/>mbre de j<span class=\"_ _5\"/>ours u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s (limit<span class=\"_ _5\"/>\u00e9 par le nom<span class=\"_ _5\"/>bre de jo<span class=\"_ _5\"/>urs de la c<span class=\"_ _5\"/>agno<span class=\"_ _5\"/>tte) mult<span class=\"_ _5\"/>ipli\u00e9 pa<span class=\"_ _5\"/>r la diff\u00e9r<span class=\"_ _5\"/>ence en<span class=\"_ _5\"/>tre le</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sal<span class=\"_ _5\"/>aire pro<span class=\"_ _5\"/>jet\u00e9 \u00e0 10<span class=\"_ _5\"/>0 % (<span class=\"_ _d\"/>majo<span class=\"_ _5\"/>r\u00e9 des c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>ales) et le s<span class=\"_ _5\"/>alaire r<span class=\"_ _5\"/>\u00e9duit<span class=\"_ _5\"/>. Des t<span class=\"_ _5\"/>aux p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tine<span class=\"_ _5\"/>nts r<span class=\"_ _5\"/>elatif<span class=\"_ _5\"/>s \u00e0 la mis<span class=\"_ _5\"/>e en ret<span class=\"_ _5\"/>raite e<span class=\"_ _5\"/>t \u00e0 la mor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>alit\u00e9 ont</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9t\u00e9 ap<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>\u00e9s conjo<span class=\"_ _5\"/>inteme<span class=\"_ _5\"/>nt au tau<span class=\"_ _5\"/>x d\u2019actua<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion app<span class=\"_ _5\"/>licab<span class=\"_ _5\"/>le \u00e0 la dur\u00e9<span class=\"_ _5\"/>e de l\u2019avanta<span class=\"_ _5\"/>ge.</div>\n<div class=\"t m0 x5 hb y54 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Jou<span class=\"_ _5\"/>rs d\u2019\u00e9pargn<span class=\"_ _5\"/>e \u2013 pens<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel s<span class=\"_ _5\"/>tatu<span class=\"_ _5\"/>taire d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t SA a la p<span class=\"_ _5\"/>oss<span class=\"_ _5\"/>ibilit\u00e9 d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>tir le<span class=\"_ _5\"/>s jour<span class=\"_ _5\"/>s de mala<span class=\"_ _5\"/>die non u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s au \u2013 de<span class=\"_ _5\"/>l\u00e0 des 6<span class=\"_ _5\"/>3 jour<span class=\"_ _5\"/>s dans leu<span class=\"_ _5\"/>r cagn<span class=\"_ _5\"/>otte (voi<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ci \u2013 ava<span class=\"_ _5\"/>nt l\u2019<span class=\"_ _d\"/>ava<span class=\"_ _5\"/>ntage \u201cR\u00e9<span class=\"_ _5\"/>mun\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>n des ab<span class=\"_ _5\"/>sence<span class=\"_ _5\"/>s cumul\u00e9<span class=\"_ _5\"/>es\u201d<span class=\"_ _5\"/>) en jour<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>\u00e9p<span class=\"_ _5\"/>argne \u2013 p<span class=\"_ _5\"/>ensi<span class=\"_ _5\"/>on (7 jour<span class=\"_ _5\"/>s de mal<span class=\"_ _5\"/>adie po<span class=\"_ _5\"/>ur 1 jour d\u2019\u00e9par<span class=\"_ _5\"/>gne \u2013 p<span class=\"_ _5\"/>en-</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sion) e<span class=\"_ _5\"/>t de conver<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r chaqu<span class=\"_ _5\"/>e ann\u00e9e u<span class=\"_ _5\"/>n maxim<span class=\"_ _5\"/>um de 3 jour<span class=\"_ _5\"/>s de cong\u00e9<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tra \u2013 l<span class=\"_ _5\"/>\u00e9gau<span class=\"_ _5\"/>x. Le p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnel co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>el bar\u00e9<span class=\"_ _5\"/>mique a dr<span class=\"_ _5\"/>oit \u00e0 max<span class=\"_ _5\"/>imum</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">2 jour<span class=\"_ _5\"/>s d\u2019\u00e9parg<span class=\"_ _5\"/>ne \u2013 pen<span class=\"_ _5\"/>sion par a<span class=\"_ _5\"/>n et pe<span class=\"_ _5\"/>ut conver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ir chaqu<span class=\"_ _5\"/>e ann\u00e9e u<span class=\"_ _5\"/>n maxim<span class=\"_ _5\"/>um de 3 jour<span class=\"_ _5\"/>s de cong\u00e9<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>a \u2013 l\u00e9gau<span class=\"_ _5\"/>x. Le<span class=\"_ _5\"/>s jours d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>\u00e9pa<span class=\"_ _5\"/>rgne \u2013</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>nsion s<span class=\"_ _5\"/>ont accum<span class=\"_ _5\"/>ul\u00e9s an<span class=\"_ _5\"/>n\u00e9e ap<span class=\"_ _5\"/>r\u00e8s ann<span class=\"_ _5\"/>\u00e9e et p<span class=\"_ _5\"/>euve<span class=\"_ _5\"/>nt \u00eatre u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s \u00e0 par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r de 50 an<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La m<span class=\"_ _5\"/>\u00e9tho<span class=\"_ _5\"/>de de va<span class=\"_ _5\"/>lori<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n est b<span class=\"_ _5\"/>as\u00e9<span class=\"_ _5\"/>e sur la m\u00ea<span class=\"_ _5\"/>me appr<span class=\"_ _5\"/>oche q<span class=\"_ _5\"/>ue pour l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>av<span class=\"_ _5\"/>antag<span class=\"_ _5\"/>e \u201cR\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s abse<span class=\"_ _5\"/>nces cum<span class=\"_ _5\"/>ul\u00e9e<span class=\"_ _5\"/>s\u201d<span class=\"_ _1\"/>. L<span class=\"_ _5\"/>a valor<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se ba<span class=\"_ _5\"/>se sur le<span class=\"_ _5\"/>s futu<span class=\"_ _5\"/>rs \u201cpaie<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s pr\u00e9<span class=\"_ _5\"/>vus / so<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ties d<span class=\"_ _5\"/>e liquidi<span class=\"_ _5\"/>t\u00e9s\u201d<span class=\"_ _d\"/>. Ceu<span class=\"_ _5\"/>x \u2013 ci son<span class=\"_ _5\"/>t calcul<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r l\u2019<span class=\"_ _d\"/>ens<span class=\"_ _5\"/>emble d<span class=\"_ _5\"/>e la pop<span class=\"_ _5\"/>ulatio<span class=\"_ _5\"/>n consid<span class=\"_ _5\"/>\u00e9r\u00e9e<span class=\"_ _5\"/>, sur</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bas<span class=\"_ _5\"/>e d\u2019un cer<span class=\"_ _5\"/>tai<span class=\"_ _5\"/>n sch\u00e9<span class=\"_ _5\"/>ma de \u201cconso<span class=\"_ _5\"/>mmatio<span class=\"_ _5\"/>n\u201d obten<span class=\"_ _5\"/>u \u00e0 par<span class=\"_ _5\"/>tir de<span class=\"_ _5\"/>s sta<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s relat<span class=\"_ _5\"/>ives a<span class=\"_ _5\"/>ux douze m<span class=\"_ _5\"/>ois de 202<span class=\"_ _5\"/>2 four<span class=\"_ _5\"/>nies p<span class=\"_ _5\"/>ar le d\u00e9p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Res<span class=\"_ _5\"/>sou<span class=\"_ _5\"/>rces Hum<span class=\"_ _5\"/>aines<span class=\"_ _5\"/>. La c<span class=\"_ _5\"/>agnot<span class=\"_ _5\"/>te pro<span class=\"_ _5\"/>jet\u00e9e d<span class=\"_ _5\"/>es jour<span class=\"_ _5\"/>s d\u2019\u00e9parg<span class=\"_ _5\"/>ne \u2013 pen<span class=\"_ _5\"/>sion e<span class=\"_ _5\"/>st \u00e9v<span class=\"_ _5\"/>alu\u00e9e in<span class=\"_ _5\"/>divi<span class=\"_ _5\"/>duelle<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>t diminue e<span class=\"_ _5\"/>n fonc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>u nomb<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9e<span class=\"_ _5\"/>l de jour<span class=\"_ _5\"/>s d\u2019\u00e9parg<span class=\"_ _5\"/>ne \u2013 pen<span class=\"_ _5\"/>sion con<span class=\"_ _5\"/>somm<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pai<span class=\"_ _5\"/>ement a<span class=\"_ _5\"/>nnuel e<span class=\"_ _5\"/>st co<span class=\"_ _5\"/>nsti<span class=\"_ _5\"/>tu\u00e9 du no<span class=\"_ _5\"/>mbre de j<span class=\"_ _5\"/>ours d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>parg<span class=\"_ _5\"/>ne \u2013 pen<span class=\"_ _5\"/>sion con<span class=\"_ _5\"/>somm<span class=\"_ _5\"/>\u00e9s mult<span class=\"_ _5\"/>ipli\u00e9 par l<span class=\"_ _5\"/>e salair<span class=\"_ _5\"/>e jour<span class=\"_ _5\"/>nalier p<span class=\"_ _5\"/>rojet\u00e9 (maj<span class=\"_ _5\"/>or\u00e9 de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">char<span class=\"_ _5\"/>ges so<span class=\"_ _5\"/>ciale<span class=\"_ _5\"/>s, du p\u00e9<span class=\"_ _5\"/>cule de v<span class=\"_ _5\"/>acan<span class=\"_ _5\"/>ces, d<span class=\"_ _5\"/>e la pri<span class=\"_ _5\"/>me de f<span class=\"_ _5\"/>in d\u2019<span class=\"_ _d\"/>an<span class=\"_ _5\"/>n\u00e9e, d<span class=\"_ _5\"/>es pri<span class=\"_ _5\"/>mes de g<span class=\"_ _5\"/>est<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>\u2019int\u00e9gr<span class=\"_ _5\"/>ation). De<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x per<span class=\"_ _5\"/>tin<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s relat<span class=\"_ _5\"/>ifs \u00e0 la</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mis<span class=\"_ _5\"/>e en ret<span class=\"_ _5\"/>raite e<span class=\"_ _5\"/>t \u00e0 la mor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>alit\u00e9 ont \u00e9<span class=\"_ _5\"/>t\u00e9 appli<span class=\"_ _5\"/>qu\u00e9s co<span class=\"_ _5\"/>njointem<span class=\"_ _5\"/>ent au t<span class=\"_ _5\"/>aux d\u2019ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>ation a<span class=\"_ _5\"/>pplic<span class=\"_ _5\"/>able \u00e0 la du<span class=\"_ _5\"/>r\u00e9e de l\u2019avant<span class=\"_ _5\"/>age.</div>\n<div class=\"t m0 x5 hb y64 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9gi<span class=\"_ _5\"/>me de tr<span class=\"_ _5\"/>avail \u00e0 tem<span class=\"_ _5\"/>ps par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>l (<span class=\"_ _d\"/>5<span class=\"_ _5\"/>4+)</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ca<span class=\"_ _5\"/>dre r\u00e9g<span class=\"_ _5\"/>ulatoir<span class=\"_ _5\"/>e concer<span class=\"_ _5\"/>nant le r\u00e9<span class=\"_ _5\"/>gime \u00e0 tem<span class=\"_ _5\"/>ps par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>el des e<span class=\"_ _5\"/>mploy\u00e9<span class=\"_ _5\"/>s de bpos<span class=\"_ _5\"/>t SA (<span class=\"_ _5\"/>plans a<span class=\"_ _5\"/>ccess<span class=\"_ _5\"/>ibles au p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>sonne<span class=\"_ _5\"/>l st<span class=\"_ _5\"/>atuta<span class=\"_ _5\"/>ire et au p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>on-</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">nel con<span class=\"_ _d\"/>trac<span class=\"_ _5\"/>tuel<span class=\"_ _d\"/> bar\u00e9mique<span class=\"_ _d\"/> uniquement<span class=\"_ _d\"/>) est le su<span class=\"_ _d\"/>ivant:</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Accor<span class=\"_ _5\"/>d-<span class=\"_ _5\"/>cadr<span class=\"_ _5\"/>e du 20 d\u00e9c<span class=\"_ _5\"/>embre 201<span class=\"_ _5\"/>2 : interr<span class=\"_ _5\"/>upti<span class=\"_ _5\"/>on de ca<span class=\"_ _5\"/>rri\u00e8<span class=\"_ _5\"/>re par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>elle sp<span class=\"_ _5\"/>\u00e9cif<span class=\"_ _5\"/>ique (5<span class=\"_ _5\"/>0 %<span class=\"_ _d\"/>) acce<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>ble aux di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibute<span class=\"_ _5\"/>urs \u00e2g\u00e9<span class=\"_ _5\"/>s de 5<span class=\"_ _5\"/>4 ans au</div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">moin<span class=\"_ _5\"/>s et aux a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s employ\u00e9<span class=\"_ _5\"/>s \u00e2g\u00e9s d<span class=\"_ _5\"/>e minimum 5<span class=\"_ _5\"/>5 ans<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t SA con<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ue \u00e0 concur<span class=\"_ _5\"/>ren<span class=\"_ _5\"/>ce de 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>5 % du sa<span class=\"_ _5\"/>laire br<span class=\"_ _5\"/>ut ann<span class=\"_ _5\"/>uel dur<span class=\"_ _5\"/>ant une p<span class=\"_ _5\"/>\u00e9-</div>\n<div class=\"t m0 x2a h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rio<span class=\"_ _5\"/>de de ma<span class=\"_ _5\"/>ximum 7<span class=\"_ _5\"/>2 mois p<span class=\"_ _5\"/>our les d<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>eurs e<span class=\"_ _5\"/>t de max<span class=\"_ _5\"/>imum 4<span class=\"_ _5\"/>8 mois po<span class=\"_ _5\"/>ur les au<span class=\"_ _5\"/>tres b<span class=\"_ _5\"/>\u00e9n\u00e9<span class=\"_ _5\"/>fici<span class=\"_ _5\"/>aires du p<span class=\"_ _5\"/>lan.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 87px; height: 995px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Accor<span class=\"_ _5\"/>d-<span class=\"_ _5\"/>cadr<span class=\"_ _5\"/>e du 22 ma<span class=\"_ _5\"/>i 20<span class=\"_ _d\"/>14 : (i) le pla<span class=\"_ _5\"/>n appr<span class=\"_ _5\"/>ouv\u00e9 en 2012 e<span class=\"_ _5\"/>t acces<span class=\"_ _5\"/>sible a<span class=\"_ _5\"/>ux dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uteur<span class=\"_ _5\"/>s es<span class=\"_ _5\"/>t \u00e9ten<span class=\"_ _5\"/>du aux em<span class=\"_ _5\"/>ploy\u00e9s t<span class=\"_ _5\"/>ravail<span class=\"_ _5\"/>lant de nui<span class=\"_ _5\"/>t et (ii)</div>\n<div class=\"t m0 x2a h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r les aut<span class=\"_ _5\"/>res em<span class=\"_ _5\"/>ploy\u00e9s<span class=\"_ _5\"/>, le plan e<span class=\"_ _5\"/>st a<span class=\"_ _5\"/>ccess<span class=\"_ _5\"/>ible \u00e0 par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r de l\u2019\u00e2ge de 55 a<span class=\"_ _5\"/>ns. bp<span class=\"_ _5\"/>ost S<span class=\"_ _5\"/>A contr<span class=\"_ _5\"/>ibue \u00e0 co<span class=\"_ _5\"/>ncur<span class=\"_ _5\"/>rence de 7,5 % du s<span class=\"_ _5\"/>alaire b<span class=\"_ _5\"/>rut an<span class=\"_ _5\"/>nuel</div>\n<div class=\"t m0 x2a h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur<span class=\"_ _5\"/>ant une p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>de de ma<span class=\"_ _5\"/>ximum 7<span class=\"_ _5\"/>2 mois p<span class=\"_ _5\"/>our les t<span class=\"_ _5\"/>ravail<span class=\"_ _5\"/>leurs d<span class=\"_ _5\"/>e nuit et d<span class=\"_ _5\"/>e maxim<span class=\"_ _5\"/>um 48 m<span class=\"_ _5\"/>ois po<span class=\"_ _5\"/>ur les aut<span class=\"_ _5\"/>res b<span class=\"_ _5\"/>\u00e9n\u00e9f<span class=\"_ _5\"/>iciai<span class=\"_ _5\"/>res du pl<span class=\"_ _5\"/>an.</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Accor<span class=\"_ _5\"/>d-<span class=\"_ _5\"/>cadr<span class=\"_ _5\"/>e du 2 juin 2016 (valid<span class=\"_ _5\"/>e jusqu<span class=\"_ _5\"/>e d\u00e9cem<span class=\"_ _5\"/>bre 2016) : (i) Le plan a<span class=\"_ _5\"/>pprou<span class=\"_ _5\"/>v\u00e9 en 2012 p<span class=\"_ _5\"/>our les di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibute<span class=\"_ _5\"/>urs et \u00e9<span class=\"_ _5\"/>tendu e<span class=\"_ _5\"/>n 201<span class=\"_ _d\"/>4 au<span class=\"_ _5\"/>x em-</div>\n<div class=\"t m0 x2a h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ploy\u00e9<span class=\"_ _5\"/>s trav<span class=\"_ _5\"/>aillant d<span class=\"_ _5\"/>e nuit s'appli<span class=\"_ _5\"/>que d\u00e9s<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>ais \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t aux agen<span class=\"_ _5\"/>ts de co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>te et (ii) p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s collabo<span class=\"_ _5\"/>rate<span class=\"_ _5\"/>urs, l<span class=\"_ _5\"/>e plan es<span class=\"_ _5\"/>t acce<span class=\"_ _5\"/>ssib<span class=\"_ _5\"/>le</div>\n<div class=\"t m0 x2a h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>r de l'\u00e2ge de 57 an<span class=\"_ _5\"/>s. bp<span class=\"_ _5\"/>ost S<span class=\"_ _5\"/>A contr<span class=\"_ _5\"/>ibue \u00e0 con<span class=\"_ _5\"/>curr<span class=\"_ _5\"/>ence de 7<span class=\"_ _d\"/>,<span class=\"_ _5\"/>5 % du sal<span class=\"_ _5\"/>aire ann<span class=\"_ _5\"/>uel br<span class=\"_ _5\"/>ut pou<span class=\"_ _5\"/>r une p\u00e9r<span class=\"_ _5\"/>iod<span class=\"_ _5\"/>e de 72 mo<span class=\"_ _5\"/>is max<span class=\"_ _5\"/>imum pou<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x2a h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les a<span class=\"_ _5\"/>gent<span class=\"_ _5\"/>s de colle<span class=\"_ _5\"/>cte e<span class=\"_ _5\"/>t de 48 m<span class=\"_ _5\"/>ois po<span class=\"_ _5\"/>ur les aut<span class=\"_ _5\"/>res b<span class=\"_ _5\"/>\u00e9n\u00e9f<span class=\"_ _5\"/>iciai<span class=\"_ _5\"/>res du pl<span class=\"_ _5\"/>an.</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Accor<span class=\"_ _5\"/>d-<span class=\"_ _5\"/>cadr<span class=\"_ _5\"/>e du 30 se<span class=\"_ _5\"/>ptemb<span class=\"_ _5\"/>re 2016 : (i) pour le<span class=\"_ _5\"/>s dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>teurs<span class=\"_ _5\"/>, les ag<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de colle<span class=\"_ _5\"/>cte e<span class=\"_ _5\"/>t les colla<span class=\"_ _5\"/>bora<span class=\"_ _5\"/>teurs t<span class=\"_ _5\"/>rava<span class=\"_ _5\"/>illant la nu<span class=\"_ _5\"/>it, le pl<span class=\"_ _5\"/>an es<span class=\"_ _5\"/>t ac-</div>\n<div class=\"t m0 x2a h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ces<span class=\"_ _5\"/>sible \u00e0 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tir de l'\u00e2ge de 5<span class=\"_ _5\"/>5 ans et (<span class=\"_ _5\"/>ii) pour le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es colla<span class=\"_ _5\"/>bora<span class=\"_ _5\"/>teurs<span class=\"_ _5\"/>, l'\u00e2ge minim<span class=\"_ _5\"/>al es<span class=\"_ _5\"/>t fix\u00e9 \u00e0 5<span class=\"_ _5\"/>7 ans. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t SA cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>e \u00e0 concur<span class=\"_ _5\"/>renc<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x2a h8 yae ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>5 % du s<span class=\"_ _5\"/>alaire an<span class=\"_ _5\"/>nuel b<span class=\"_ _5\"/>rut po<span class=\"_ _5\"/>ur une p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de de 72 m<span class=\"_ _5\"/>ois ma<span class=\"_ _5\"/>ximum p<span class=\"_ _5\"/>our les t<span class=\"_ _5\"/>ravail<span class=\"_ _5\"/>leurs d<span class=\"_ _5\"/>e nuit et le<span class=\"_ _5\"/>s agent<span class=\"_ _5\"/>s de di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion et de co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x2a h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et de 4<span class=\"_ _5\"/>8 moi<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>iciaire<span class=\"_ _5\"/>s du plan<span class=\"_ _5\"/>. Ce plan e<span class=\"_ _5\"/>st \u00e9<span class=\"_ _5\"/>tendu ju<span class=\"_ _5\"/>squ'en d\u00e9ce<span class=\"_ _5\"/>mbre 20<span class=\"_ _5\"/>22, su<span class=\"_ _5\"/>ivant l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>A<span class=\"_ _5\"/>ccord<span class=\"_ _5\"/>-c<span class=\"_ _5\"/>adre du 17 juin 2021<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 hb y89 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Plan<span class=\"_ _5\"/>s de comp<span class=\"_ _5\"/>ensat<span class=\"_ _5\"/>ion accor<span class=\"_ _5\"/>d\u00e9s pou<span class=\"_ _5\"/>r les accid<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de trava<span class=\"_ _5\"/>il</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>qu\u2019<span class=\"_ _d\"/>au 1er o<span class=\"_ _5\"/>cto<span class=\"_ _5\"/>bre 20<span class=\"_ _5\"/>00, b<span class=\"_ _5\"/>post S<span class=\"_ _5\"/>A \u00e9t<span class=\"_ _5\"/>ait son p<span class=\"_ _5\"/>ropr<span class=\"_ _5\"/>e assu<span class=\"_ _5\"/>reur po<span class=\"_ _5\"/>ur les ac<span class=\"_ _5\"/>cident<span class=\"_ _5\"/>s sur<span class=\"_ _5\"/>ve<span class=\"_ _5\"/>nus sur le l<span class=\"_ _5\"/>ieu de t<span class=\"_ _5\"/>ravail e<span class=\"_ _5\"/>t sur le ch<span class=\"_ _5\"/>emin du tr<span class=\"_ _5\"/>avail<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Par con<span class=\"_ _5\"/>s\u00e9q<span class=\"_ _5\"/>uent<span class=\"_ _5\"/>, toutes le<span class=\"_ _5\"/>s inde<span class=\"_ _5\"/>mnit\u00e9<span class=\"_ _5\"/>s accord\u00e9<span class=\"_ _5\"/>es au<span class=\"_ _5\"/>x trav<span class=\"_ _5\"/>ailleur<span class=\"_ _5\"/>s pour l<span class=\"_ _5\"/>es accid<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s sur<span class=\"_ _5\"/>ven<span class=\"_ _5\"/>us avant le 1er o<span class=\"_ _5\"/>cto<span class=\"_ _5\"/>bre 20<span class=\"_ _5\"/>00 s<span class=\"_ _5\"/>ont cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">financ\u00e9es par<span class=\"_ _d\"/> bpost SA elle-m\u00eame.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dep<span class=\"_ _5\"/>uis le 1er o<span class=\"_ _5\"/>ctob<span class=\"_ _5\"/>re 200<span class=\"_ _5\"/>0, bp<span class=\"_ _5\"/>ost S<span class=\"_ _5\"/>A a contr<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>t\u00e9 des p<span class=\"_ _5\"/>olices d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce en vu<span class=\"_ _5\"/>e de couv<span class=\"_ _5\"/>rir ce ri<span class=\"_ _5\"/>sque<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 hb y8f ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">DSPR pou<span class=\"_ _5\"/>r le Job Mobil<span class=\"_ _5\"/>ity Ce<span class=\"_ _5\"/>nter</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'Accord<span class=\"_ _5\"/>-<span class=\"_ _5\"/>cadre d<span class=\"_ _5\"/>u 30 se<span class=\"_ _5\"/>ptembr<span class=\"_ _5\"/>e 201<span class=\"_ _d\"/>6 a d\u00e9<span class=\"_ _5\"/>fini u<span class=\"_ _5\"/>n plan de DSP<span class=\"_ _5\"/>R (Dispe<span class=\"_ _5\"/>nse Pr\u00e9<span class=\"_ _5\"/>c\u00e9dan<span class=\"_ _5\"/>t la Retr<span class=\"_ _5\"/>aite) po<span class=\"_ _5\"/>ur le Job Mo<span class=\"_ _5\"/>bilit<span class=\"_ _5\"/>y Cent<span class=\"_ _5\"/>er<span class=\"_ _d\"/>. Ce pla<span class=\"_ _5\"/>n pr\u00e9vo<span class=\"_ _5\"/>it</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r une dur\u00e9<span class=\"_ _5\"/>e illimit\u00e9<span class=\"_ _5\"/>e que le<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res du p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnel s<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>utair<span class=\"_ _5\"/>es \u00e2g\u00e9<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>au m<span class=\"_ _5\"/>oins 61 ans<span class=\"_ _5\"/>, rat<span class=\"_ _5\"/>tac<span class=\"_ _5\"/>h\u00e9s au J<span class=\"_ _5\"/>ob Mob<span class=\"_ _5\"/>ilit<span class=\"_ _5\"/>y Center e<span class=\"_ _5\"/>t qui y so<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">toujo<span class=\"_ _5\"/>urs at<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>ch\u00e9s a<span class=\"_ _5\"/>pr\u00e8s un<span class=\"_ _5\"/>e p\u00e9r<span class=\"_ _5\"/>iode d'un a<span class=\"_ _5\"/>n sero<span class=\"_ _5\"/>nt dispe<span class=\"_ _5\"/>ns\u00e9<span class=\"_ _5\"/>s de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice. bp<span class=\"_ _5\"/>ost S<span class=\"_ _5\"/>A contin<span class=\"_ _5\"/>ue \u00e0 payer a<span class=\"_ _5\"/>ux b\u00e9n<span class=\"_ _5\"/>\u00e9f<span class=\"_ _5\"/>iciaire<span class=\"_ _5\"/>s 70 % de leur s<span class=\"_ _5\"/>alair<span class=\"_ _5\"/>e au</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mom<span class=\"_ _5\"/>ent du d\u00e9<span class=\"_ _5\"/>par<span class=\"_ _5\"/>t jus<span class=\"_ _5\"/>qu'\u00e0 ce qu'ils aie<span class=\"_ _5\"/>nt att<span class=\"_ _5\"/>eint l\u2019\u00e2ge de la r<span class=\"_ _5\"/>etra<span class=\"_ _5\"/>ite, po<span class=\"_ _5\"/>ur une p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de maxi<span class=\"_ _5\"/>mum de 5 ans<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te net<span class=\"_ _5\"/>te de bp<span class=\"_ _5\"/>ost p<span class=\"_ _5\"/>our les au<span class=\"_ _5\"/>tres a<span class=\"_ _5\"/>vanta<span class=\"_ _5\"/>ges \u00e0 long te<span class=\"_ _5\"/>rme co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>d les \u00e9l<span class=\"_ _5\"/>\u00e9ment<span class=\"_ _5\"/>s sui<span class=\"_ _5\"/>vant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hb yd ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ycd1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd35 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _25f\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _1c9\"> </span><span class=\"ls20 ws22\"> 26<span class=\"_ _5\"/>6,2</span></span></div>\n<div class=\"t m0 x7 hd yd36 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime<span class=\"_ _24d\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd yd37 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _d\"/> net<span class=\"_ _5\"/>tes<span class=\"_ _260\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _1c9\"> </span><span class=\"ls20 ws22\"> 26<span class=\"_ _5\"/>6,2</span></span></div>\n<div class=\"t m0 x7 hf yd38 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 x98 h1b yd39 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> 2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _1f7\"> </span><span class=\"ls0 ws0\"> 26<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yd3a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s au pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel f<span class=\"_ _5\"/>igu<span class=\"_ _5\"/>rant a<span class=\"_ _5\"/>u bila<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x7 hd yd3b ff4 fs8 fc2 sc0 ls27 ws29\" style=\"z-index: 15;\">Dettes<span class=\"_ _261\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _1c9\"> </span><span class=\"ls20 ws22\"> 26<span class=\"_ _5\"/>6,2</span></span></div>\n<div class=\"t m0 x7 hf yd3c ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 x98 h1b yd3d ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> 2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _1f7\"> </span><span class=\"ls0 ws0\"> 26<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s dans la v<span class=\"_ _5\"/>aleur ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle des o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>ont les s<span class=\"_ _5\"/>uivan<span class=\"_ _5\"/>ts :</div>\n<div class=\"t m0 x7 hc y867 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd3e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>le au 1er ja<span class=\"_ _5\"/>nvie<span class=\"_ _5\"/>r <span class=\"_ _19d\"> </span><span class=\"ls20 ws22\"> 266,<span class=\"_ _5\"/>2<span class=\"_ _1c9\"> </span><span class=\"ls28 ws2a\"> 283,4</span></span></div>\n<div class=\"t m0 x7 hd yd3f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x170 hd yd40 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\"> 1<span class=\"_ _5\"/>2,7<span class=\"_ _1f5\"> </span><span class=\"ls43 ws4d\"> 11,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yd41 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x170 hd yd42 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\"> 1<span class=\"_ _5\"/>2,7<span class=\"_ _1f5\"> </span><span class=\"ls43 ws4d\"> 11,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yd43 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _243\"> </span><span class=\"ls3b ws43\"> 2,1<span class=\"_ _1ee\"> </span></span> 1,0</div>\n<div class=\"t m0 x7 hd yd44 ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _244\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>3)<span class=\"_ _128\"> </span><span class=\"ls12 ws14\">(17,<span class=\"_ _2\"/>5<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7 hd yd45 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s<span class=\"_ _245\"> </span><span class=\"ls90 wsa4\">(45<span class=\"_ _5\"/>,1)<span class=\"_ _134\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>9)</span></span></div>\n<div class=\"t m0 x7 hd yd46 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s <span class=\"_ _262\"> </span><span class=\"ls90 wsa4\">(45<span class=\"_ _5\"/>,1)<span class=\"_ _134\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>9)</span></span></div>\n<div class=\"t m0 x7 hd yd47 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s aut<span class=\"_ _5\"/>res \u00e9l<span class=\"_ _5\"/>\u00e9me<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>u r\u00e9su<span class=\"_ _5\"/>ltat</div>\n<div class=\"t m0 x7 hd yd48 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">global</div>\n<div class=\"t m0 x56 hd yd47 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</div>\n<div class=\"t m0 x7 hd yd49 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels<span class=\"_ _263\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hf yd4a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">OBLIGA<span class=\"_ _1\"/>TION AU TITRE DES PREST<span class=\"_ _d\"/>A<span class=\"_ _1\"/>TIONS AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x98 h1b yd4b ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> 2<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>7<span class=\"_ _1f7\"> </span><span class=\"ls0 ws0\"> 26<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 162px; height: 920px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9es da<span class=\"_ _5\"/>ns le comp<span class=\"_ _5\"/>te de r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s sont p<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>ent\u00e9e c<span class=\"_ _5\"/>i \u2013 apr\u00e8<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yce0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd4c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x170 hd yd4d ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\"> 1<span class=\"_ _5\"/>2,7<span class=\"_ _1f5\"> </span><span class=\"ls43 ws4d\"> 11,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yd4e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x170 hd yd4f ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\"> 1<span class=\"_ _5\"/>2,7<span class=\"_ _1f5\"> </span><span class=\"ls43 ws4d\"> 11,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yd50 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _243\"> </span><span class=\"ls3b ws43\"> 2,1<span class=\"_ _1ee\"> </span></span> 1,0</div>\n<div class=\"t m0 x7 hd yd51 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes de r\u00e9\u00e9valuation<span class=\"_ _156\"> </span><span class=\"ls90 wsa4\">(45,1)<span class=\"_ _233\"> </span><span class=\"ls1b ws1d\">(11,<span class=\"_ _5\"/>9)</span></span></div>\n<div class=\"t m0 x7 hd yd52 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme co\u00fbts financiers<span class=\"_ _264\"> </span><span class=\"ls90 wsa4\">(47<span class=\"_ _d\"/>,1)<span class=\"_ _23\"> </span><span class=\"ls2b ws2d\">(8,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7 hd yd53 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme charges d'<span class=\"_ _d\"/>exploitation<span class=\"_ _24b\"> </span><span class=\"ls14 ws16\"> 1,9<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(3<span class=\"_ _5\"/>,7)</span></span></div>\n<div class=\"t m0 x7 hf yd54 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x17e h1b yd55 ff7 fs8 fc3 sc0 lsdb wsfb\" style=\"z-index: 15;\">(30<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _ec\"> </span><span class=\"ls0 ws0\"> 0<span class=\"_ _5\"/>,3</span></div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur les co<span class=\"_ _5\"/>\u00fbts s<span class=\"_ _5\"/>alar<span class=\"_ _5\"/>iaux et l<span class=\"_ _5\"/>es co\u00fbt<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers e<span class=\"_ _5\"/>st pr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>t\u00e9 ci \u2013 apr\u00e8<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hb y8 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd56 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd57 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel<span class=\"_ _235\"> </span><span class=\"ls1b ws1d\"> 14,7<span class=\"_ _18a\"> </span><span class=\"ls12 ws14\"> 7,<span class=\"_ _5\"/>4</span></span></div>\n<div class=\"t m0 x7 hd yd58 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges financi\u00e8res<span class=\"_ _1f0\"> </span><span class=\"ls90 wsa4\">(45<span class=\"_ _5\"/>,0)<span class=\"_ _1de\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _1\"/>,1)</span></span></div>\n<div class=\"t m0 x7 hf yd59 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x17e h1b yd5a ff7 fs8 fc3 sc0 lsdb wsfb\" style=\"z-index: 15;\">(30<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _ec\"> </span><span class=\"ls0 ws0\"> 0<span class=\"_ _5\"/>,3</span></div>\n<div class=\"t m0 x5 h1a yd ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.26.<span class=\"_ _5\"/>3 In<span class=\"_ _d\"/>demnit<span class=\"_ _d\"/>\u00e9s de cessat<span class=\"_ _d\"/>ion d\u2019<span class=\"_ _3b\"/>emploi</div>\n<div class=\"t m0 x5 hb ye ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Plan de<span class=\"_ _d\"/> retraite anticip\u00e9e</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pla<span class=\"_ _5\"/>n couver<span class=\"_ _5\"/>t p<span class=\"_ _5\"/>ar l\u2019<span class=\"_ _d\"/>Acco<span class=\"_ _5\"/>rd-<span class=\"_ _5\"/>ca<span class=\"_ _5\"/>dre du 30 s<span class=\"_ _5\"/>eptem<span class=\"_ _5\"/>bre 2016 est a<span class=\"_ _5\"/>cces<span class=\"_ _5\"/>sible au<span class=\"_ _5\"/>x memb<span class=\"_ _5\"/>res du p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnel s<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>utair<span class=\"_ _5\"/>e selo<span class=\"_ _5\"/>n cer<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>es condi<span class=\"_ _5\"/>tions</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'\u00e2ge, d'anc<span class=\"_ _5\"/>ienne<span class=\"_ _5\"/>t\u00e9 et d'org<span class=\"_ _5\"/>anisat<span class=\"_ _5\"/>ion du s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t SA con<span class=\"_ _5\"/>tinue \u00e0 pay<span class=\"_ _5\"/>er aux b<span class=\"_ _5\"/>\u00e9n\u00e9f<span class=\"_ _5\"/>icia<span class=\"_ _5\"/>ires 75 % de le<span class=\"_ _5\"/>ur sal<span class=\"_ _5\"/>aire au mo<span class=\"_ _5\"/>ment du d<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jus<span class=\"_ _5\"/>qu'\u00e0 ce qu'ils at<span class=\"_ _5\"/>teign<span class=\"_ _5\"/>ent l'\u00e2ge de la r<span class=\"_ _5\"/>etr<span class=\"_ _5\"/>aite, ave<span class=\"_ _5\"/>c un maxi<span class=\"_ _5\"/>mum de 5 ans<span class=\"_ _5\"/>. Ce pla<span class=\"_ _5\"/>n a une dur\u00e9<span class=\"_ _5\"/>e ind\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9e.</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>lans de r<span class=\"_ _5\"/>etr<span class=\"_ _5\"/>aite anti<span class=\"_ _5\"/>cip\u00e9<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>A<span class=\"_ _5\"/>MP sont le<span class=\"_ _5\"/>s suiv<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>En 2011, un pre<span class=\"_ _5\"/>mier pl<span class=\"_ _5\"/>an de pr\u00e9<span class=\"_ _5\"/>retr<span class=\"_ _5\"/>aite ava<span class=\"_ _5\"/>it \u00e9t\u00e9 ann<span class=\"_ _5\"/>onc\u00e9 dan<span class=\"_ _5\"/>s le cadr<span class=\"_ _5\"/>e d'une res<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>urati<span class=\"_ _5\"/>on sel<span class=\"_ _5\"/>on la pro<span class=\"_ _5\"/>c\u00e9dure R<span class=\"_ _5\"/>enault<span class=\"_ _5\"/>. Le plan \u00e9<span class=\"_ _5\"/>tait</div>\n<div class=\"t m0 x2a h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">acce<span class=\"_ _5\"/>ssib<span class=\"_ _5\"/>le aux pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnes ay<span class=\"_ _5\"/>ant un \u00e2ge mi<span class=\"_ _5\"/>nimum de 5<span class=\"_ _5\"/>5 ans po<span class=\"_ _5\"/>ur pren<span class=\"_ _5\"/>dre fi<span class=\"_ _5\"/>n en 2021. A<span class=\"_ _5\"/>MP ver<span class=\"_ _5\"/>se sur u<span class=\"_ _5\"/>ne bas<span class=\"_ _5\"/>e mensu<span class=\"_ _5\"/>elle une i<span class=\"_ _5\"/>ndemn<span class=\"_ _5\"/>it\u00e9</div>\n<div class=\"t m0 x2a h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jus<span class=\"_ _5\"/>qu'<span class=\"_ _d\"/>au m<span class=\"_ _5\"/>oment d<span class=\"_ _5\"/>e la ret<span class=\"_ _5\"/>raite l\u00e9<span class=\"_ _5\"/>gale. Le p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nt corr<span class=\"_ _5\"/>esp<span class=\"_ _5\"/>ond \u00e0 8<span class=\"_ _5\"/>0 % de la diff\u00e9<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>ntre : (le d<span class=\"_ _5\"/>erni<span class=\"_ _5\"/>er sala<span class=\"_ _5\"/>ire net * 14.<span class=\"_ _5\"/>92) /12 et l\u2019alloc<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x2a h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n socia<span class=\"_ _5\"/>le. Le pla<span class=\"_ _5\"/>n a \u00e9t\u00e9 pr\u00e9<span class=\"_ _5\"/>sent\u00e9 a<span class=\"_ _5\"/>u Cons<span class=\"_ _5\"/>eil du T<span class=\"_ _d\"/>rav<span class=\"_ _5\"/>ail le 22 s<span class=\"_ _5\"/>eptem<span class=\"_ _5\"/>bre 2011 et \u00e9<span class=\"_ _5\"/>tait acce<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>ble jus<span class=\"_ _5\"/>qu\u2019<span class=\"_ _d\"/>au 2<span class=\"_ _5\"/>2 septe<span class=\"_ _5\"/>mbre 201<span class=\"_ _5\"/>3.</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>En 2014, un deu<span class=\"_ _5\"/>xi\u00e8me p<span class=\"_ _5\"/>lan de pr<span class=\"_ _5\"/>\u00e9ret<span class=\"_ _5\"/>raite av<span class=\"_ _5\"/>ait \u00e9t\u00e9 a<span class=\"_ _5\"/>nnonc\u00e9 da<span class=\"_ _5\"/>ns le ca<span class=\"_ _5\"/>dre d'une re<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>turat<span class=\"_ _5\"/>ion se<span class=\"_ _5\"/>lon la pr<span class=\"_ _5\"/>oc\u00e9dur<span class=\"_ _5\"/>e Renaul<span class=\"_ _5\"/>t. Le pl<span class=\"_ _5\"/>an \u00e9ta<span class=\"_ _5\"/>it ac-</div>\n<div class=\"t m0 x2a h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ces<span class=\"_ _5\"/>sible a<span class=\"_ _5\"/>ux per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nes aya<span class=\"_ _5\"/>nt un \u00e2ge minim<span class=\"_ _5\"/>um de 55 an<span class=\"_ _5\"/>s et pre<span class=\"_ _5\"/>ndra f<span class=\"_ _5\"/>in en 20<span class=\"_ _5\"/>24. AMP ve<span class=\"_ _5\"/>rse s<span class=\"_ _5\"/>ur une bas<span class=\"_ _5\"/>e men<span class=\"_ _5\"/>suelle un<span class=\"_ _5\"/>e inde<span class=\"_ _5\"/>mnit\u00e9 jus<span class=\"_ _5\"/>qu'au</div>\n<div class=\"t m0 x2a h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mom<span class=\"_ _5\"/>ent de la r<span class=\"_ _5\"/>etr<span class=\"_ _5\"/>aite l\u00e9g<span class=\"_ _5\"/>ale. Le pai<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t corre<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>d \u00e0 80 % de la d<span class=\"_ _5\"/>iff\u00e9re<span class=\"_ _5\"/>nce ent<span class=\"_ _5\"/>re : (le der<span class=\"_ _5\"/>nier s<span class=\"_ _5\"/>alair<span class=\"_ _5\"/>e net * 14.9<span class=\"_ _5\"/>2) /<span class=\"_ _d\"/>12 e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>all<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion so<span class=\"_ _5\"/>ciale.</div>\n<div class=\"t m0 x2a h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce pla<span class=\"_ _5\"/>n a \u00e9t\u00e9 pr\u00e9<span class=\"_ _5\"/>sent<span class=\"_ _5\"/>\u00e9 au Cons<span class=\"_ _5\"/>eil du T<span class=\"_ _d\"/>rav<span class=\"_ _5\"/>ail le 22 m<span class=\"_ _5\"/>ai 201<span class=\"_ _d\"/>4 et \u00e9<span class=\"_ _5\"/>tait a<span class=\"_ _5\"/>cces<span class=\"_ _5\"/>sible jus<span class=\"_ _5\"/>qu\u2019au 9 septe<span class=\"_ _5\"/>mbre 2016.</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Comp<span class=\"_ _5\"/>te tenu de<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>is \u00e9co<span class=\"_ _5\"/>nomiq<span class=\"_ _5\"/>ues et f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s, Ubi<span class=\"_ _5\"/>way a mis en pl<span class=\"_ _5\"/>ace un conce<span class=\"_ _5\"/>pt de so<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie dou<span class=\"_ _5\"/>ce pour s<span class=\"_ _5\"/>es emp<span class=\"_ _5\"/>loy\u00e9s ave<span class=\"_ _5\"/>c un inci<span class=\"_ _5\"/>tant</div>\n<div class=\"t m0 x2a h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er<span class=\"_ _d\"/>. Les t<span class=\"_ _5\"/>rava<span class=\"_ _5\"/>illeur<span class=\"_ _5\"/>s \u00e2g\u00e9s de p<span class=\"_ _5\"/>lus de 59 an<span class=\"_ _5\"/>s pouv<span class=\"_ _5\"/>aient o<span class=\"_ _5\"/>pter po<span class=\"_ _5\"/>ur une inte<span class=\"_ _5\"/>rru<span class=\"_ _5\"/>ption d<span class=\"_ _5\"/>e carr<span class=\"_ _5\"/>i\u00e8r<span class=\"_ _5\"/>e \u00e0 temps pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iel en co<span class=\"_ _5\"/>mbinais<span class=\"_ _5\"/>on ave<span class=\"_ _5\"/>c une</div>\n<div class=\"t m0 x2a h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ret<span class=\"_ _5\"/>raite a<span class=\"_ _5\"/>nticip<span class=\"_ _5\"/>\u00e9e l\u00e9g<span class=\"_ _5\"/>ale ou p<span class=\"_ _5\"/>our la re<span class=\"_ _5\"/>trait<span class=\"_ _5\"/>e antici<span class=\"_ _5\"/>p\u00e9e l\u00e9<span class=\"_ _5\"/>gale. Pe<span class=\"_ _5\"/>ndant l'inte<span class=\"_ _5\"/>rr<span class=\"_ _5\"/>uption d<span class=\"_ _5\"/>e car<span class=\"_ _5\"/>ri\u00e8r<span class=\"_ _5\"/>e, le collab<span class=\"_ _5\"/>ora<span class=\"_ _5\"/>teur re<span class=\"_ _5\"/>\u00e7oit une pr<span class=\"_ _5\"/>ime me<span class=\"_ _5\"/>nsue<span class=\"_ _5\"/>lle</div>\n<div class=\"t m0 x2a h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">supp<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>ntaire e<span class=\"_ _5\"/>t une pr<span class=\"_ _5\"/>ime uniq<span class=\"_ _5\"/>ue lor<span class=\"_ _5\"/>squ'il at<span class=\"_ _5\"/>teint l'\u00e2ge d<span class=\"_ _5\"/>e la retr<span class=\"_ _5\"/>aite an<span class=\"_ _5\"/>ticip<span class=\"_ _5\"/>\u00e9e (24 00<span class=\"_ _5\"/>0 EUR po<span class=\"_ _5\"/>ur les tr<span class=\"_ _5\"/>availle<span class=\"_ _5\"/>urs d<span class=\"_ _5\"/>e jour et 3<span class=\"_ _5\"/>8 00<span class=\"_ _5\"/>0 EUR</div>\n<div class=\"t m0 x2a h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r les tr<span class=\"_ _5\"/>availle<span class=\"_ _5\"/>urs de n<span class=\"_ _5\"/>uit). Les co<span class=\"_ _5\"/>llabo<span class=\"_ _5\"/>rateur<span class=\"_ _5\"/>s de plu<span class=\"_ _5\"/>s de 59 ans qui o<span class=\"_ _5\"/>ptent p<span class=\"_ _5\"/>our une re<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>ite anti<span class=\"_ _5\"/>cip\u00e9<span class=\"_ _5\"/>e l\u00e9gale r<span class=\"_ _5\"/>e\u00e7oive<span class=\"_ _5\"/>nt \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t la</div>\n<div class=\"t m0 x2a h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr<span class=\"_ _5\"/>ime uniqu<span class=\"_ _5\"/>e. Ce pla<span class=\"_ _5\"/>n a \u00e9t\u00e9 pr\u00e9<span class=\"_ _5\"/>sent\u00e9 a<span class=\"_ _5\"/>u Cons<span class=\"_ _5\"/>eil du T<span class=\"_ _d\"/>rav<span class=\"_ _5\"/>ail le 16 sept<span class=\"_ _5\"/>embre 20<span class=\"_ _5\"/>20 et \u00e9t<span class=\"_ _5\"/>ait acce<span class=\"_ _5\"/>ssib<span class=\"_ _5\"/>le jusq<span class=\"_ _5\"/>u\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>u 31 d\u00e9cem<span class=\"_ _5\"/>bre 2020. U<span class=\"_ _5\"/>n deu<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">xi\u00e8<span class=\"_ _5\"/>me plan a \u00e9<span class=\"_ _5\"/>t\u00e9 pr\u00e9<span class=\"_ _5\"/>sent\u00e9 au C<span class=\"_ _5\"/>omit\u00e9 d'ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise en 2<span class=\"_ _5\"/>022 et e<span class=\"_ _5\"/>st o<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>t jus<span class=\"_ _5\"/>qu'<span class=\"_ _d\"/>en j<span class=\"_ _5\"/>uin 202<span class=\"_ _5\"/>3.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te d\u00e9coul<span class=\"_ _5\"/>ant de l\u2019avant<span class=\"_ _5\"/>age au pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel li<span class=\"_ _5\"/>\u00e9 aux pla<span class=\"_ _5\"/>ns de ret<span class=\"_ _5\"/>raite a<span class=\"_ _5\"/>nticip<span class=\"_ _5\"/>\u00e9e tr<span class=\"_ _5\"/>ouve s<span class=\"_ _5\"/>on orig<span class=\"_ _5\"/>ine dans l<span class=\"_ _5\"/>e fait qu<span class=\"_ _5\"/>e (i) la car<span class=\"_ _5\"/>ri\u00e8<span class=\"_ _5\"/>re es<span class=\"_ _5\"/>t inter<span class=\"_ _5\"/>rom-</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pue av<span class=\"_ _5\"/>ant l\u2019\u00e2ge nor<span class=\"_ _5\"/>mal de l<span class=\"_ _5\"/>a retr<span class=\"_ _5\"/>aite et (ii<span class=\"_ _5\"/>) le fait qu<span class=\"_ _5\"/>e les emp<span class=\"_ _5\"/>loy\u00e9s a<span class=\"_ _5\"/>cceptent l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ffre \u00e9t<span class=\"_ _5\"/>ablie p<span class=\"_ _5\"/>ar l\u2019<span class=\"_ _d\"/>en<span class=\"_ _5\"/>trepr<span class=\"_ _5\"/>ise e<span class=\"_ _5\"/>n \u00e9cha<span class=\"_ _5\"/>nge.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 237px; height: 845px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te net<span class=\"_ _5\"/>te de bp<span class=\"_ _5\"/>ost p<span class=\"_ _5\"/>our les in<span class=\"_ _5\"/>demni<span class=\"_ _5\"/>t\u00e9s de ce<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>tion d\u2019emplo<span class=\"_ _5\"/>i compre<span class=\"_ _5\"/>nd les \u00e9<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>uivant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yce0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9c6 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _19c\"> </span><span class=\"ls17 ws19\"> 9,<span class=\"_ _5\"/>2<span class=\"_ _1ee\"> </span><span class=\"ls1b ws1d\"> 8<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y9c7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s du r\u00e9g<span class=\"_ _5\"/>ime<span class=\"_ _24d\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd y9c8 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Valeur<span class=\"_ _d\"/> actue<span class=\"_ _5\"/>ll<span class=\"_ _d\"/>e des obligations<span class=\"_ _d\"/> net<span class=\"_ _5\"/>tes<span class=\"_ _174\"> </span><span class=\"ls17 ws19\"> 9,2<span class=\"_ _25b\"> </span><span class=\"ls1b ws1d\"> 8<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hf yd5b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 x10a h1b yd5c ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 9,<span class=\"_ _5\"/>2<span class=\"_ _1ed\"> </span><span class=\"lsd4 wsf5\"> 8,7</span></div>\n<div class=\"t m0 x7 hd yd5d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s avan<span class=\"_ _5\"/>tage<span class=\"_ _5\"/>s au pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel f<span class=\"_ _5\"/>igu<span class=\"_ _5\"/>rant a<span class=\"_ _5\"/>u bila<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x7 hd yd5e ff4 fs8 fc2 sc0 ls27 ws29\" style=\"z-index: 15;\">Dettes<span class=\"_ _265\"> </span><span class=\"ls17 ws19\"> 9,<span class=\"_ _5\"/>2<span class=\"_ _1ee\"> </span><span class=\"ls1b ws1d\"> 8<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hf yd5f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTE NETTE</div>\n<div class=\"t m0 x10a h1b yd60 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 9,<span class=\"_ _5\"/>2<span class=\"_ _1ed\"> </span><span class=\"lsd4 wsf5\"> 8,7</span></div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s dans la v<span class=\"_ _5\"/>aleur ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle des o<span class=\"_ _5\"/>bligat<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>ociale<span class=\"_ _5\"/>s sont l<span class=\"_ _5\"/>es suiv<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x7 hc yc9f ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yca0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>le au 1er ja<span class=\"_ _5\"/>nvie<span class=\"_ _5\"/>r <span class=\"_ _179\"> </span><span class=\"ls1b ws1d\"> 8,7<span class=\"_ _25b\"> </span><span class=\"ls17 ws19\"> 9,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hd yca1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x10a hd yca2 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\"> 5,2<span class=\"_ _1ee\"> </span><span class=\"ls14 ws16\"> 4,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd yca3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x10a hd yca4 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\"> 5,2<span class=\"_ _1ee\"> </span><span class=\"ls14 ws16\"> 4,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd yca5 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _266\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1e0\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yca6 ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Prestati<span class=\"_ _d\"/>ons p<span class=\"_ _d\"/>ay\u00e9es<span class=\"_ _267\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>4)<span class=\"_ _23\"> </span>(4,4)</span></div>\n<div class=\"t m0 x7 hd yca7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le co<span class=\"_ _5\"/>mpte d<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s<span class=\"_ _a8\"> </span>(0,<span class=\"_ _5\"/>2)<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>1)</span></div>\n<div class=\"t m0 x7 hd yca8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tuar<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s <span class=\"_ _24d\"> </span>(0,<span class=\"_ _5\"/>2)<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>1)</span></div>\n<div class=\"t m0 x7 hd yca9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(Gain<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>/pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de r\u00e9<span class=\"_ _5\"/>\u00e9va<span class=\"_ _5\"/>luati<span class=\"_ _5\"/>on re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s aut<span class=\"_ _5\"/>res \u00e9l<span class=\"_ _5\"/>\u00e9me<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>u r\u00e9su<span class=\"_ _5\"/>ltat</div>\n<div class=\"t m0 x7 hd ycaa ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">global</div>\n<div class=\"t m0 x56 hd yca9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</div>\n<div class=\"t m0 x7 hd ycab ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels<span class=\"_ _263\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _1ee\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hf ycac ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">OBLIGA<span class=\"_ _1\"/>TION AU TITRE DES PREST<span class=\"_ _d\"/>A<span class=\"_ _1\"/>TIONS AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x10a h1b ycad ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 9,<span class=\"_ _5\"/>2<span class=\"_ _1ed\"> </span><span class=\"lsd4 wsf5\"> 8,7</span></div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La c<span class=\"_ _5\"/>harge ne<span class=\"_ _5\"/>tte r<span class=\"_ _5\"/>econn<span class=\"_ _5\"/>ue dans le co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>st pr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>t\u00e9e ci-<span class=\"_ _5\"/>de<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>ous :</div>\n<div class=\"t m0 x7 hb y53 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd25 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd26 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus</div>\n<div class=\"t m0 x10a hd yd27 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\"> 5,2<span class=\"_ _1ee\"> </span><span class=\"ls14 ws16\"> 4,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd yd28 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  Co\u00fb<span class=\"_ _5\"/>t des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _5\"/>es ren<span class=\"_ _5\"/>dus co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x10a hd yd29 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\"> 5,2<span class=\"_ _1ee\"> </span><span class=\"ls14 ws16\"> 4,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd yd2a ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s nets<span class=\"_ _266\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1e0\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yd2b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(Gains<span class=\"_ _d\"/>)/<span class=\"_ _d\"/>per<span class=\"_ _5\"/>tes de r\u00e9\u00e9valuation<span class=\"_ _24c\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>1)</span></span></div>\n<div class=\"t m0 x7 hd yd2c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme co\u00fbts financiers<span class=\"_ _b9\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd yd2d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\"> <span class=\"_ _114\"> </span> \u2013  (Gai<span class=\"_ _d\"/>ns)<span class=\"_ _d\"/>/per<span class=\"_ _5\"/>tes actuariels rappo<span class=\"_ _5\"/>rt\u00e9s comme charges d'<span class=\"_ _d\"/>exploitation<span class=\"_ _268\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>1)</span></span></div>\n<div class=\"t m0 x7 hf yd2e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x10a h1b yd2f ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 4,<span class=\"_ _5\"/>9<span class=\"_ _ec\"> </span> 3<span class=\"_ _5\"/>,3</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur les f<span class=\"_ _5\"/>rais d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el et le<span class=\"_ _5\"/>s charge<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res es<span class=\"_ _5\"/>t pr\u00e9<span class=\"_ _5\"/>sent\u00e9 c<span class=\"_ _5\"/>i-<span class=\"_ _5\"/>des<span class=\"_ _5\"/>sous :</div>\n<div class=\"t m0 x7 hb y61 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd61 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd62 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frai<span class=\"_ _5\"/>s de pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel<span class=\"_ _1e5\"> </span><span class=\"ls3b ws43\"> 5,1<span class=\"_ _1ed\"> </span><span class=\"ls26 ws28\"> 3,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd yd63 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges financi\u00e8res<span class=\"_ _175\"> </span><span class=\"ls0 ws0\">(0<span class=\"_ _5\"/>,2)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hf yd64 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGE NETTE</div>\n<div class=\"t m0 x10a h1b yd65 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> 4,<span class=\"_ _5\"/>9<span class=\"_ _ec\"> </span> 3<span class=\"_ _5\"/>,3</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 155px; height: 927px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">d) <span class=\"_ _de\"> </span>R\u00e9mun\u00e9ration des<span class=\"_ _d\"/> principaux dirigean<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es de la dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tion pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>ale son<span class=\"_ _5\"/>t les pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnes d<span class=\"_ _5\"/>ont l'autor<span class=\"_ _5\"/>it\u00e9 et la re<span class=\"_ _5\"/>spo<span class=\"_ _5\"/>nsabi<span class=\"_ _5\"/>lit\u00e9 inf<span class=\"_ _5\"/>luent s<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>or<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>ation s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>at\u00e9giq<span class=\"_ _5\"/>ue de l'en-</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e. Au s<span class=\"_ _5\"/>ein de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, la dire<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on pri<span class=\"_ _5\"/>ncipal<span class=\"_ _5\"/>e est co<span class=\"_ _5\"/>mpos<span class=\"_ _5\"/>\u00e9e de tou<span class=\"_ _5\"/>s les me<span class=\"_ _5\"/>mbre<span class=\"_ _5\"/>s du Cons<span class=\"_ _5\"/>eil d'<span class=\"_ _d\"/>Ad<span class=\"_ _5\"/>minis<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>ion, y com<span class=\"_ _5\"/>pris le C<span class=\"_ _5\"/>EO<span class=\"_ _d\"/>, et d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls5d ws71\" style=\"z-index: 15;\">l\u2019E<span class=\"_ _5\"/>xecutive Committe<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Comm<span class=\"_ _5\"/>e d\u00e9c<span class=\"_ _5\"/>rit dan<span class=\"_ _5\"/>s le Rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t de R\u00e9mu<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>tion, l<span class=\"_ _5\"/>a Politi<span class=\"_ _5\"/>que de R\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>ation f<span class=\"_ _5\"/>ix<span class=\"_ _5\"/>ant les pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>es de r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on des m<span class=\"_ _5\"/>embre<span class=\"_ _5\"/>s non</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ex\u00e9<span class=\"_ _5\"/>cutif<span class=\"_ _5\"/>s du Con<span class=\"_ _5\"/>seil d'Admini<span class=\"_ _5\"/>str<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, du CEO et de<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res de l<span class=\"_ _5\"/>\u2019Exe<span class=\"_ _5\"/>cuti<span class=\"_ _5\"/>ve Comm<span class=\"_ _5\"/>itte<span class=\"_ _5\"/>e a \u00e9t\u00e9 app<span class=\"_ _5\"/>rouv\u00e9<span class=\"_ _5\"/>e par l'As<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>bl\u00e9e G<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>ale des</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>naire<span class=\"_ _5\"/>s du 12 mai 20<span class=\"_ _5\"/>21. Cet<span class=\"_ _5\"/>te Poli<span class=\"_ _5\"/>tique d<span class=\"_ _5\"/>e R\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t appl<span class=\"_ _5\"/>icabl<span class=\"_ _5\"/>e depui<span class=\"_ _5\"/>s le 1er janvie<span class=\"_ _5\"/>r 2021. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t n<span class=\"_ _d\"/>'y a p<span class=\"_ _5\"/>as d\u00e9ro<span class=\"_ _5\"/>g\u00e9 au cour<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">l'<span class=\"_ _d\"/>exercice 2022.</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es du Con<span class=\"_ _5\"/>seil d'Admini<span class=\"_ _5\"/>str<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, excep<span class=\"_ _5\"/>tion f<span class=\"_ _5\"/>aite du CEO, so<span class=\"_ _5\"/>nt habili<span class=\"_ _5\"/>t\u00e9s \u00e0 re<span class=\"_ _5\"/>cevoir (i) un<span class=\"_ _5\"/>e r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion men<span class=\"_ _5\"/>suell<span class=\"_ _5\"/>e fixe<span class=\"_ _5\"/>, ainsi qu\u2019un (ii)</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jeto<span class=\"_ _5\"/>n de pr\u00e9<span class=\"_ _5\"/>sence p<span class=\"_ _5\"/>ar r\u00e9un<span class=\"_ _5\"/>ion du Com<span class=\"_ _5\"/>it\u00e9 consu<span class=\"_ _5\"/>ltatif \u00e0 l<span class=\"_ _5\"/>aque<span class=\"_ _5\"/>lle ils as<span class=\"_ _5\"/>sis<span class=\"_ _5\"/>tent<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, la r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation to<span class=\"_ _5\"/>tale pay\u00e9<span class=\"_ _5\"/>e aux m<span class=\"_ _5\"/>embre<span class=\"_ _5\"/>s du Cons<span class=\"_ _5\"/>eil d'Adminis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ation (\u00e0 l'excep<span class=\"_ _5\"/>tion du CEO) s'es<span class=\"_ _5\"/>t \u00e9lev\u00e9<span class=\"_ _5\"/>e \u00e0 0,5 m<span class=\"_ _5\"/>EUR (2021 : 0,<span class=\"_ _5\"/>5</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls39 ws41\" style=\"z-index: 15;\">mEU<span class=\"_ _5\"/>R).</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pa<span class=\"_ _5\"/>ckage de r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on du CEO et de<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res de l<span class=\"_ _5\"/>\u2019Exe<span class=\"_ _5\"/>cuti<span class=\"_ _5\"/>ve Comm<span class=\"_ _5\"/>itte<span class=\"_ _5\"/>e se comp<span class=\"_ _5\"/>ose (i) d'un<span class=\"_ _5\"/>e r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion de ba<span class=\"_ _5\"/>se f<span class=\"_ _5\"/>ixe, (ii) d'une</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>le \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me, (iii) de co<span class=\"_ _5\"/>tisat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e retr<span class=\"_ _5\"/>aite et (i<span class=\"_ _5\"/>v) de dive<span class=\"_ _5\"/>rs aut<span class=\"_ _5\"/>res ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour l\u2019exe<span class=\"_ _5\"/>rcice se c<span class=\"_ _5\"/>l\u00f4tura<span class=\"_ _5\"/>nt au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2, un<span class=\"_ _5\"/>e r\u00e9mun\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ion tota<span class=\"_ _5\"/>le de 5,4 mEUR (2<span class=\"_ _5\"/>021 : 4,<span class=\"_ _5\"/>5 mEUR), hor<span class=\"_ _5\"/>s r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>, a \u00e9t\u00e9</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>s\u00e9e a<span class=\"_ _5\"/>u CEO et aux m<span class=\"_ _5\"/>embre<span class=\"_ _5\"/>s de l\u2019E<span class=\"_ _5\"/>xec<span class=\"_ _5\"/>utive C<span class=\"_ _5\"/>ommit<span class=\"_ _5\"/>tee<span class=\"_ _5\"/>. Elle peu<span class=\"_ _5\"/>t \u00eatre ve<span class=\"_ _5\"/>ntil\u00e9<span class=\"_ _5\"/>e comme su<span class=\"_ _5\"/>it :</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>R\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation de b<span class=\"_ _5\"/>ase : 4.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>42.070,71 EUR (2021 : 3.0<span class=\"_ _5\"/>90<span class=\"_ _5\"/>.667<span class=\"_ _d\"/>,78 EUR) ;</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Coti<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons de re<span class=\"_ _5\"/>trai<span class=\"_ _5\"/>te : 718.<span class=\"_ _5\"/>54<span class=\"_ _5\"/>9,51 EUR (2021 : 3<span class=\"_ _5\"/>53.<span class=\"_ _5\"/>110,5<span class=\"_ _5\"/>4 EUR) ;</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Aut<span class=\"_ _5\"/>res ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s : 325<span class=\"_ _5\"/>.5<span class=\"_ _5\"/>83<span class=\"_ _5\"/>,39 EU<span class=\"_ _5\"/>R (2021 : 1<span class=\"_ _d\"/>77.44<span class=\"_ _5\"/>5,3<span class=\"_ _5\"/>8 EUR).</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En out<span class=\"_ _5\"/>re, le CEO et le<span class=\"_ _5\"/>s mem<span class=\"_ _5\"/>bres de l<span class=\"_ _5\"/>\u2019E<span class=\"_ _5\"/>xecut<span class=\"_ _5\"/>ive Comm<span class=\"_ _5\"/>itte<span class=\"_ _5\"/>e ont re<span class=\"_ _5\"/>\u00e7u en 202<span class=\"_ _5\"/>2 une r\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n varia<span class=\"_ _5\"/>ble glob<span class=\"_ _5\"/>ale de 1.<span class=\"_ _5\"/>378.<span class=\"_ _5\"/>351,4<span class=\"_ _5\"/>9 EUR (2021 :</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">897<span class=\"_ _d\"/>.6<span class=\"_ _5\"/>54,<span class=\"_ _5\"/>35 EU<span class=\"_ _5\"/>R) \u00e9tan<span class=\"_ _5\"/>t donn\u00e9 q<span class=\"_ _5\"/>ue les ob<span class=\"_ _5\"/>jec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s collec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s et les o<span class=\"_ _5\"/>bjec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s de per<span class=\"_ _5\"/>f<span class=\"_ _5\"/>orman<span class=\"_ _5\"/>ce indiv<span class=\"_ _5\"/>iduel<span class=\"_ _5\"/>le pour l'ann\u00e9<span class=\"_ _5\"/>e qui s'es<span class=\"_ _5\"/>t termin<span class=\"_ _5\"/>\u00e9e le 31</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>cembre 20<span class=\"_ _5\"/>21 ont \u00e9t\u00e9 a<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>ints (l'\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n de 2021 a \u00e9<span class=\"_ _5\"/>t\u00e9 ache<span class=\"_ _5\"/>v\u00e9e en 20<span class=\"_ _5\"/>22).</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Auc<span class=\"_ _5\"/>une ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>, optio<span class=\"_ _5\"/>n d'achat d'ac<span class=\"_ _5\"/>tions o<span class=\"_ _5\"/>u aucun a<span class=\"_ _5\"/>utre dro<span class=\"_ _5\"/>it d'acqu\u00e9r<span class=\"_ _5\"/>ir des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions (ou aut<span class=\"_ _5\"/>re r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>n act<span class=\"_ _5\"/>ions) n'a \u00e9t\u00e9 oc<span class=\"_ _5\"/>troy\u00e9<span class=\"_ _5\"/>(<span class=\"_ _d\"/>e)</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ou e<span class=\"_ _5\"/>xerc\u00e9(e) par le CEO ou l<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res me<span class=\"_ _5\"/>mbre<span class=\"_ _5\"/>s de l\u2019E<span class=\"_ _5\"/>xecu<span class=\"_ _5\"/>tive Co<span class=\"_ _5\"/>mmit<span class=\"_ _5\"/>tee ou n'a exp<span class=\"_ _5\"/>ir\u00e9 en 202<span class=\"_ _5\"/>2. Au<span class=\"_ _5\"/>cune op<span class=\"_ _5\"/>tion re<span class=\"_ _5\"/>levan<span class=\"_ _5\"/>t de pr\u00e9<span class=\"_ _5\"/>c\u00e9den<span class=\"_ _5\"/>ts pl<span class=\"_ _5\"/>ans</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'optio<span class=\"_ _5\"/>n sur ac<span class=\"_ _5\"/>tion n'\u00e9ta<span class=\"_ _5\"/>it enco<span class=\"_ _5\"/>re due po<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xercice 2<span class=\"_ _5\"/>022<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Un r\u00e9<span class=\"_ _5\"/>capit<span class=\"_ _5\"/>ulatif p<span class=\"_ _5\"/>lus d\u00e9t<span class=\"_ _5\"/>aill\u00e9 de la r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on de la dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tion pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>ale de bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>t de la pol<span class=\"_ _5\"/>itiqu<span class=\"_ _5\"/>e de r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t figu<span class=\"_ _5\"/>re dans le</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">Rappor<span class=\"_ _5\"/>t de R\u00e9mun\u00e9ration.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 537px; height: 545px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag168": {
   "value": "\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y20d ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.13 <span class=\"_ _4\"> </span>Rev<span class=\"_ _d\"/>enus financ<span class=\"_ _d\"/>iers et cha<span class=\"_ _d\"/>rges financi<span class=\"_ _d\"/>\u00e8res</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>uivant<span class=\"_ _5\"/>s ont \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s ann\u00e9<span class=\"_ _5\"/>e suiva<span class=\"_ _5\"/>ntes:</div>\n<div class=\"t m0 x7 hb y60 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9c0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9c1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Revenus financiers<span class=\"_ _15d\"> </span><span class=\"ls17 ws19\">79,6<span class=\"_ _13e\"> </span><span class=\"ls2e ws30\">8,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd y9c2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges financi\u00e8res<span class=\"_ _1f0\"> </span><span class=\"ls90 wsa4\">(49,<span class=\"_ _5\"/>3)<span class=\"_ _134\"> </span><span class=\"ls0 ws0\">(24,<span class=\"_ _5\"/>9)</span></span></div>\n<div class=\"t m0 x7 hf y9c3 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9c4 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">30,<span class=\"_ _5\"/>3<span class=\"_ _9a\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le r\u00e9<span class=\"_ _5\"/>sultat f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier n<span class=\"_ _5\"/>et (c'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire n<span class=\"_ _5\"/>et du rev<span class=\"_ _5\"/>enu f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er et de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs) de 202<span class=\"_ _5\"/>2 se chiff<span class=\"_ _5\"/>re \u00e0 30,<span class=\"_ _5\"/>3 mEUR<span class=\"_ _5\"/>, en aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">46<span class=\"_ _5\"/>,7 mEUR par ra<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t \u00e0 202<span class=\"_ _5\"/>1. Cet<span class=\"_ _5\"/>te aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt due \u00e0 la ha<span class=\"_ _5\"/>uss<span class=\"_ _5\"/>e des re<span class=\"_ _5\"/>venus f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers h<span class=\"_ _5\"/>ors t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie li\u00e9s a<span class=\"_ _5\"/>ux avan<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tag<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel I<span class=\"_ _5\"/>AS 19 (3<span class=\"_ _5\"/>8,0 m<span class=\"_ _5\"/>EUR) para<span class=\"_ _5\"/>ll\u00e8lem<span class=\"_ _5\"/>ent \u00e0 une a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n des t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t \u00e0 la r\u00e9\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion du pa<span class=\"_ _5\"/>ssif \u00e9<span class=\"_ _5\"/>ventue<span class=\"_ _5\"/>l li\u00e9</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aux a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons re<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ntes d'une f<span class=\"_ _5\"/>ilial<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>14,<span class=\"_ _5\"/>3 mEUR), par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt compe<span class=\"_ _5\"/>ns\u00e9<span class=\"_ _5\"/>es par l'augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s charg<span class=\"_ _5\"/>es d'int\u00e9r<span class=\"_ _5\"/>\u00eat<span class=\"_ _5\"/>s sur les b<span class=\"_ _5\"/>aux (2,<span class=\"_ _5\"/>3 mEUR<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es bau<span class=\"_ _5\"/>x) et de<span class=\"_ _5\"/>s int\u00e9r\u00ea<span class=\"_ _5\"/>ts su<span class=\"_ _5\"/>r les pr\u00ea<span class=\"_ _5\"/>ts (3<span class=\"_ _5\"/>,1 mEUR<span class=\"_ _5\"/>, princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent un pr<span class=\"_ _5\"/>\u00eat \u00e0 ter<span class=\"_ _5\"/>me en USD).</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 72px; height: 275px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 72px; height: 275px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls1e ws6a\" style=\"z-index: 15;\">Rev<span class=\"_ _d\"/>enus financiers</div>\n<div class=\"t m0 x7 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9c5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9c6 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Int\u00e9r\u00eats per\u00e7us<span class=\"_ _140\"> </span><span class=\"ls42 ws4c\">2,2<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,4</span></span></div>\n<div class=\"t m0 x7 hd y9c7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Gai<span class=\"_ _5\"/>ns iss<span class=\"_ _5\"/>us de di<span class=\"_ _5\"/>ff\u00e9<span class=\"_ _5\"/>ren<span class=\"_ _5\"/>ce de cha<span class=\"_ _5\"/>nge<span class=\"_ _14e\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3<span class=\"_ _1f1\"> </span>7,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd y9c8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Contrepar<span class=\"_ _5\"/>tie conditionnelle: ch<span class=\"_ _d\"/>angement d'int\u00e9r\u00eats minoritaires<span class=\"_ _d7\"> </span><span class=\"ls90 wsa4\">14<span class=\"_ _5\"/>,3<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hd y9c9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier<span class=\"_ _5\"/>s sur les o<span class=\"_ _5\"/>blig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns de pr<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tati<span class=\"_ _5\"/>ons d\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>ies (I<span class=\"_ _5\"/>AS 19)<span class=\"_ _c5\"> </span><span class=\"ls3b ws43\">45,2<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd y9ca ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres revenus financier<span class=\"_ _5\"/>s<span class=\"_ _116\"> </span><span class=\"ls18 ws1a\">0,6<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>1</span></span></div>\n<div class=\"t m0 x7 hf y9cb ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9cc ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">79,6<span class=\"_ _18a\"> </span><span class=\"ls4d ws5b\">8,5</span></div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, bpo<span class=\"_ _5\"/>st a r\u00e9<span class=\"_ _5\"/>\u00e9valu<span class=\"_ _5\"/>\u00e9 le pri<span class=\"_ _5\"/>x d'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xercice v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>le des a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons re<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ntes d'Anthil<span class=\"_ _5\"/>l BV (25 %) et d'Ac<span class=\"_ _5\"/>tive A<span class=\"_ _5\"/>nts I<span class=\"_ _5\"/>nterna<span class=\"_ _5\"/>tional B<span class=\"_ _5\"/>V (25 %). Alor<span class=\"_ _5\"/>s que</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9, le pr<span class=\"_ _5\"/>ix d'exerc<span class=\"_ _5\"/>ice var<span class=\"_ _5\"/>iable \u00e9t<span class=\"_ _5\"/>ait d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9 sur la ba<span class=\"_ _5\"/>se de l'opti<span class=\"_ _5\"/>on de ven<span class=\"_ _5\"/>te des ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns res<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>es et cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>ponda<span class=\"_ _5\"/>it au mon<span class=\"_ _5\"/>tant</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">max<span class=\"_ _5\"/>imum pr\u00e9<span class=\"_ _5\"/>vu dan<span class=\"_ _5\"/>s le contr<span class=\"_ _5\"/>at, bp<span class=\"_ _5\"/>ost a r<span class=\"_ _5\"/>\u00e9\u00e9va<span class=\"_ _5\"/>lu\u00e9 en 202<span class=\"_ _5\"/>2 que bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>xerce<span class=\"_ _5\"/>ra avan<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>opt<span class=\"_ _5\"/>ion d'achat p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions re<span class=\"_ _5\"/>st<span class=\"_ _5\"/>antes<span class=\"_ _5\"/>, c'est \u2013 \u00e0 \u2013 dir<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>5 sur la b<span class=\"_ _5\"/>ase de l'<span class=\"_ _5\"/>EBITDA de 2<span class=\"_ _5\"/>024. En cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nce, la dim<span class=\"_ _5\"/>inutio<span class=\"_ _5\"/>n du pas<span class=\"_ _5\"/>sif \u00e9ve<span class=\"_ _5\"/>ntuel (14,<span class=\"_ _5\"/>3 mEUR) a \u00e9t\u00e9 com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans le<span class=\"_ _5\"/>s revenu<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>. La de<span class=\"_ _5\"/>tte a<span class=\"_ _5\"/>ctua<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>e en cour<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ions r<span class=\"_ _5\"/>est<span class=\"_ _5\"/>antes d'Ant<span class=\"_ _5\"/>hill BV et d'Ac<span class=\"_ _5\"/>tive A<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s Intern<span class=\"_ _5\"/>ationa<span class=\"_ _5\"/>l au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2 s'\u00e9l\u00e8ve \u00e0</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls5d ws71\" style=\"z-index: 15;\">18,1 mEUR.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 762px; height: 320px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 762px; height: 320px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb ya ff7 fs6 fc3 sc0 ls1e wsd6\" style=\"z-index: 15;\">Charges <span class=\"_ _d\"/>f<span class=\"_ _5\"/>inanc<span class=\"_ _d\"/>i\u00e8res</div>\n<div class=\"t m0 x7 hb yb ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9cd ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9ce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts/(p<span class=\"_ _5\"/>rodu<span class=\"_ _5\"/>its) f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cie<span class=\"_ _5\"/>rs sur l<span class=\"_ _5\"/>es obl<span class=\"_ _5\"/>igat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>inie<span class=\"_ _5\"/>s (IA<span class=\"_ _5\"/>S 19)<span class=\"_ _1f1\"> </span><span class=\"ls18 ws1a\">0,2<span class=\"_ _1de\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _1\"/>,1)</span></span></div>\n<div class=\"t m0 x7 hd y9cf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cha<span class=\"_ _5\"/>rges d<span class=\"_ _5\"/>es int<span class=\"_ _5\"/>\u00e9r\u00eat<span class=\"_ _5\"/>s sur l<span class=\"_ _5\"/>easin<span class=\"_ _5\"/>gs (FR<span class=\"_ _5\"/>S 16)<span class=\"_ _1f2\"> </span><span class=\"ls42 ws4c\">12,0<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">9<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y9d0 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>emprunt<span class=\"_ _5\"/>s<span class=\"_ _15d\"> </span>4,6<span class=\"_ _13e\"> </span>1,6</div>\n<div class=\"t m0 x7 hd y9d1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et ch<span class=\"_ _5\"/>arge<span class=\"_ _5\"/>s li\u00e9<span class=\"_ _5\"/>es \u00e0 l'obli<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>on \u00e0 long t<span class=\"_ _5\"/>erm<span class=\"_ _5\"/>e<span class=\"_ _11\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>3<span class=\"_ _1e0\"> </span>9,3</span></div>\n<div class=\"t m0 x7 hd y9d2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e8g<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nt du s<span class=\"_ _5\"/>wap de t<span class=\"_ _5\"/>aux d'i<span class=\"_ _5\"/>nt\u00e9r\u00ea<span class=\"_ _5\"/>t<span class=\"_ _1f3\"> </span><span class=\"ls42 ws4c\">2,5<span class=\"_ _13e\"> </span>2,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd y9d3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s iss<span class=\"_ _5\"/>ues d<span class=\"_ _5\"/>e dif<span class=\"_ _5\"/>f\u00e9re<span class=\"_ _5\"/>nces d<span class=\"_ _5\"/>e chang<span class=\"_ _5\"/>e<span class=\"_ _192\"> </span><span class=\"ls3b ws43\">15,1<span class=\"_ _1e0\"> </span><span class=\"ls28 ws2a\">3,4</span></span></div>\n<div class=\"t m0 x7 hd y9d4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Contrepar<span class=\"_ _5\"/>tie conditionnelle: d\u00e9sactualisation, changement de taux</div>\n<div class=\"t m0 x7 hd y9d5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tualisation</div>\n<div class=\"t m0 x10b hd y9d4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,6<span class=\"_ _1e0\"> </span>0,6</div>\n<div class=\"t m0 x7 hd y9d6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres charges financi\u00e8re<span class=\"_ _5\"/>s<span class=\"_ _190\"> </span><span class=\"ls7 ws8\">5,0<span class=\"_ _13e\"> </span>5,0</span></div>\n<div class=\"t m0 x7 hf y9d7 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9d8 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">49,<span class=\"_ _5\"/>3<span class=\"_ _1e2\"> </span><span class=\"ls1d ws1f\">24,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 469px; height: 268px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 469px; height: 268px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 469px; height: 268px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 469px; height: 613px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 469px; height: 613px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag169": {
   "value": "\n<div class=\"t m0 x5 h1a y20d ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.13 <span class=\"_ _4\"> </span>Rev<span class=\"_ _d\"/>enus financ<span class=\"_ _d\"/>iers et cha<span class=\"_ _d\"/>rges financi<span class=\"_ _d\"/>\u00e8res</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>uivant<span class=\"_ _5\"/>s ont \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s ann\u00e9<span class=\"_ _5\"/>e suiva<span class=\"_ _5\"/>ntes:</div>\n<div class=\"t m0 x7 hb y60 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9c0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9c1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Revenus financiers<span class=\"_ _15d\"> </span><span class=\"ls17 ws19\">79,6<span class=\"_ _13e\"> </span><span class=\"ls2e ws30\">8,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd y9c2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges financi\u00e8res<span class=\"_ _1f0\"> </span><span class=\"ls90 wsa4\">(49,<span class=\"_ _5\"/>3)<span class=\"_ _134\"> </span><span class=\"ls0 ws0\">(24,<span class=\"_ _5\"/>9)</span></span></div>\n<div class=\"t m0 x7 hf y9c3 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9c4 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">30,<span class=\"_ _5\"/>3<span class=\"_ _9a\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le r\u00e9<span class=\"_ _5\"/>sultat f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier n<span class=\"_ _5\"/>et (c'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire n<span class=\"_ _5\"/>et du rev<span class=\"_ _5\"/>enu f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er et de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>ancie<span class=\"_ _5\"/>rs) de 202<span class=\"_ _5\"/>2 se chiff<span class=\"_ _5\"/>re \u00e0 30,<span class=\"_ _5\"/>3 mEUR<span class=\"_ _5\"/>, en aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">46<span class=\"_ _5\"/>,7 mEUR par ra<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t \u00e0 202<span class=\"_ _5\"/>1. Cet<span class=\"_ _5\"/>te aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt due \u00e0 la ha<span class=\"_ _5\"/>uss<span class=\"_ _5\"/>e des re<span class=\"_ _5\"/>venus f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers h<span class=\"_ _5\"/>ors t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie li\u00e9s a<span class=\"_ _5\"/>ux avan<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tag<span class=\"_ _5\"/>es du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel I<span class=\"_ _5\"/>AS 19 (3<span class=\"_ _5\"/>8,0 m<span class=\"_ _5\"/>EUR) para<span class=\"_ _5\"/>ll\u00e8lem<span class=\"_ _5\"/>ent \u00e0 une a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n des t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t \u00e0 la r\u00e9\u00e9<span class=\"_ _5\"/>valuat<span class=\"_ _5\"/>ion du pa<span class=\"_ _5\"/>ssif \u00e9<span class=\"_ _5\"/>ventue<span class=\"_ _5\"/>l li\u00e9</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aux a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons re<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ntes d'une f<span class=\"_ _5\"/>ilial<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>14,<span class=\"_ _5\"/>3 mEUR), par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt compe<span class=\"_ _5\"/>ns\u00e9<span class=\"_ _5\"/>es par l'augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s charg<span class=\"_ _5\"/>es d'int\u00e9r<span class=\"_ _5\"/>\u00eat<span class=\"_ _5\"/>s sur les b<span class=\"_ _5\"/>aux (2,<span class=\"_ _5\"/>3 mEUR<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es bau<span class=\"_ _5\"/>x) et de<span class=\"_ _5\"/>s int\u00e9r\u00ea<span class=\"_ _5\"/>ts su<span class=\"_ _5\"/>r les pr\u00ea<span class=\"_ _5\"/>ts (3<span class=\"_ _5\"/>,1 mEUR<span class=\"_ _5\"/>, princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent un pr<span class=\"_ _5\"/>\u00eat \u00e0 ter<span class=\"_ _5\"/>me en USD).</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 72px; height: 275px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls1e ws6a\" style=\"z-index: 15;\">Rev<span class=\"_ _d\"/>enus financiers</div>\n<div class=\"t m0 x7 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9c5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9c6 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Int\u00e9r\u00eats per\u00e7us<span class=\"_ _140\"> </span><span class=\"ls42 ws4c\">2,2<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,4</span></span></div>\n<div class=\"t m0 x7 hd y9c7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Gai<span class=\"_ _5\"/>ns iss<span class=\"_ _5\"/>us de di<span class=\"_ _5\"/>ff\u00e9<span class=\"_ _5\"/>ren<span class=\"_ _5\"/>ce de cha<span class=\"_ _5\"/>nge<span class=\"_ _14e\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3<span class=\"_ _1f1\"> </span>7,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd y9c8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Contrepar<span class=\"_ _5\"/>tie conditionnelle: ch<span class=\"_ _d\"/>angement d'int\u00e9r\u00eats minoritaires<span class=\"_ _d7\"> </span><span class=\"ls90 wsa4\">14<span class=\"_ _5\"/>,3<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hd y9c9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier<span class=\"_ _5\"/>s sur les o<span class=\"_ _5\"/>blig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns de pr<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tati<span class=\"_ _5\"/>ons d\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>ies (I<span class=\"_ _5\"/>AS 19)<span class=\"_ _c5\"> </span><span class=\"ls3b ws43\">45,2<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd y9ca ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres revenus financier<span class=\"_ _5\"/>s<span class=\"_ _116\"> </span><span class=\"ls18 ws1a\">0,6<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>1</span></span></div>\n<div class=\"t m0 x7 hf y9cb ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9cc ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">79,6<span class=\"_ _18a\"> </span><span class=\"ls4d ws5b\">8,5</span></div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, bpo<span class=\"_ _5\"/>st a r\u00e9<span class=\"_ _5\"/>\u00e9valu<span class=\"_ _5\"/>\u00e9 le pri<span class=\"_ _5\"/>x d'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xercice v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>le des a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons re<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ntes d'Anthil<span class=\"_ _5\"/>l BV (25 %) et d'Ac<span class=\"_ _5\"/>tive A<span class=\"_ _5\"/>nts I<span class=\"_ _5\"/>nterna<span class=\"_ _5\"/>tional B<span class=\"_ _5\"/>V (25 %). Alor<span class=\"_ _5\"/>s que</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9, le pr<span class=\"_ _5\"/>ix d'exerc<span class=\"_ _5\"/>ice var<span class=\"_ _5\"/>iable \u00e9t<span class=\"_ _5\"/>ait d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9 sur la ba<span class=\"_ _5\"/>se de l'opti<span class=\"_ _5\"/>on de ven<span class=\"_ _5\"/>te des ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns res<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>es et cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>ponda<span class=\"_ _5\"/>it au mon<span class=\"_ _5\"/>tant</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">max<span class=\"_ _5\"/>imum pr\u00e9<span class=\"_ _5\"/>vu dan<span class=\"_ _5\"/>s le contr<span class=\"_ _5\"/>at, bp<span class=\"_ _5\"/>ost a r<span class=\"_ _5\"/>\u00e9\u00e9va<span class=\"_ _5\"/>lu\u00e9 en 202<span class=\"_ _5\"/>2 que bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>xerce<span class=\"_ _5\"/>ra avan<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>opt<span class=\"_ _5\"/>ion d'achat p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions re<span class=\"_ _5\"/>st<span class=\"_ _5\"/>antes<span class=\"_ _5\"/>, c'est \u2013 \u00e0 \u2013 dir<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>5 sur la b<span class=\"_ _5\"/>ase de l'<span class=\"_ _5\"/>EBITDA de 2<span class=\"_ _5\"/>024. En cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nce, la dim<span class=\"_ _5\"/>inutio<span class=\"_ _5\"/>n du pas<span class=\"_ _5\"/>sif \u00e9ve<span class=\"_ _5\"/>ntuel (14,<span class=\"_ _5\"/>3 mEUR) a \u00e9t\u00e9 com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans le<span class=\"_ _5\"/>s revenu<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>. La de<span class=\"_ _5\"/>tte a<span class=\"_ _5\"/>ctua<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>e en cour<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ions r<span class=\"_ _5\"/>est<span class=\"_ _5\"/>antes d'Ant<span class=\"_ _5\"/>hill BV et d'Ac<span class=\"_ _5\"/>tive A<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s Intern<span class=\"_ _5\"/>ationa<span class=\"_ _5\"/>l au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2 s'\u00e9l\u00e8ve \u00e0</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls5d ws71\" style=\"z-index: 15;\">18,1 mEUR.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 762px; height: 320px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 762px; height: 320px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb ya ff7 fs6 fc3 sc0 ls1e wsd6\" style=\"z-index: 15;\">Charges <span class=\"_ _d\"/>f<span class=\"_ _5\"/>inanc<span class=\"_ _d\"/>i\u00e8res</div>\n<div class=\"t m0 x7 hb yb ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9cd ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9ce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts/(p<span class=\"_ _5\"/>rodu<span class=\"_ _5\"/>its) f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cie<span class=\"_ _5\"/>rs sur l<span class=\"_ _5\"/>es obl<span class=\"_ _5\"/>igat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>inie<span class=\"_ _5\"/>s (IA<span class=\"_ _5\"/>S 19)<span class=\"_ _1f1\"> </span><span class=\"ls18 ws1a\">0,2<span class=\"_ _1de\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _1\"/>,1)</span></span></div>\n<div class=\"t m0 x7 hd y9cf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cha<span class=\"_ _5\"/>rges d<span class=\"_ _5\"/>es int<span class=\"_ _5\"/>\u00e9r\u00eat<span class=\"_ _5\"/>s sur l<span class=\"_ _5\"/>easin<span class=\"_ _5\"/>gs (FR<span class=\"_ _5\"/>S 16)<span class=\"_ _1f2\"> </span><span class=\"ls42 ws4c\">12,0<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">9<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y9d0 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>emprunt<span class=\"_ _5\"/>s<span class=\"_ _15d\"> </span>4,6<span class=\"_ _13e\"> </span>1,6</div>\n<div class=\"t m0 x7 hd y9d1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et ch<span class=\"_ _5\"/>arge<span class=\"_ _5\"/>s li\u00e9<span class=\"_ _5\"/>es \u00e0 l'obli<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>on \u00e0 long t<span class=\"_ _5\"/>erm<span class=\"_ _5\"/>e<span class=\"_ _11\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>3<span class=\"_ _1e0\"> </span>9,3</span></div>\n<div class=\"t m0 x7 hd y9d2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e8g<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nt du s<span class=\"_ _5\"/>wap de t<span class=\"_ _5\"/>aux d'i<span class=\"_ _5\"/>nt\u00e9r\u00ea<span class=\"_ _5\"/>t<span class=\"_ _1f3\"> </span><span class=\"ls42 ws4c\">2,5<span class=\"_ _13e\"> </span>2,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd y9d3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s iss<span class=\"_ _5\"/>ues d<span class=\"_ _5\"/>e dif<span class=\"_ _5\"/>f\u00e9re<span class=\"_ _5\"/>nces d<span class=\"_ _5\"/>e chang<span class=\"_ _5\"/>e<span class=\"_ _192\"> </span><span class=\"ls3b ws43\">15,1<span class=\"_ _1e0\"> </span><span class=\"ls28 ws2a\">3,4</span></span></div>\n<div class=\"t m0 x7 hd y9d4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Contrepar<span class=\"_ _5\"/>tie conditionnelle: d\u00e9sactualisation, changement de taux</div>\n<div class=\"t m0 x7 hd y9d5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tualisation</div>\n<div class=\"t m0 x10b hd y9d4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,6<span class=\"_ _1e0\"> </span>0,6</div>\n<div class=\"t m0 x7 hd y9d6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres charges financi\u00e8re<span class=\"_ _5\"/>s<span class=\"_ _190\"> </span><span class=\"ls7 ws8\">5,0<span class=\"_ _13e\"> </span>5,0</span></div>\n<div class=\"t m0 x7 hf y9d7 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9d8 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">49,<span class=\"_ _5\"/>3<span class=\"_ _1e2\"> </span><span class=\"ls1d ws1f\">24,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 469px; height: 268px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 469px; height: 268px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 469px; height: 268px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 469px; height: 613px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestIncomeExpenseExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag156": {
   "value": "\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls1e ws6a\" style=\"z-index: 15;\">Rev<span class=\"_ _d\"/>enus financiers</div>\n<div class=\"t m0 x7 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9c5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9c6 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Int\u00e9r\u00eats per\u00e7us<span class=\"_ _140\"> </span><span class=\"ls42 ws4c\">2,2<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,4</span></span></div>\n<div class=\"t m0 x7 hd y9c7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Gai<span class=\"_ _5\"/>ns iss<span class=\"_ _5\"/>us de di<span class=\"_ _5\"/>ff\u00e9<span class=\"_ _5\"/>ren<span class=\"_ _5\"/>ce de cha<span class=\"_ _5\"/>nge<span class=\"_ _14e\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3<span class=\"_ _1f1\"> </span>7,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd y9c8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Contrepar<span class=\"_ _5\"/>tie conditionnelle: ch<span class=\"_ _d\"/>angement d'int\u00e9r\u00eats minoritaires<span class=\"_ _d7\"> </span><span class=\"ls90 wsa4\">14<span class=\"_ _5\"/>,3<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hd y9c9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier<span class=\"_ _5\"/>s sur les o<span class=\"_ _5\"/>blig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns de pr<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tati<span class=\"_ _5\"/>ons d\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>ies (I<span class=\"_ _5\"/>AS 19)<span class=\"_ _c5\"> </span><span class=\"ls3b ws43\">45,2<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd y9ca ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres revenus financier<span class=\"_ _5\"/>s<span class=\"_ _116\"> </span><span class=\"ls18 ws1a\">0,6<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>1</span></span></div>\n<div class=\"t m0 x7 hf y9cb ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9cc ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">79,6<span class=\"_ _18a\"> </span><span class=\"ls4d ws5b\">8,5</span></div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, bpo<span class=\"_ _5\"/>st a r\u00e9<span class=\"_ _5\"/>\u00e9valu<span class=\"_ _5\"/>\u00e9 le pri<span class=\"_ _5\"/>x d'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xercice v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>le des a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons re<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ntes d'Anthil<span class=\"_ _5\"/>l BV (25 %) et d'Ac<span class=\"_ _5\"/>tive A<span class=\"_ _5\"/>nts I<span class=\"_ _5\"/>nterna<span class=\"_ _5\"/>tional B<span class=\"_ _5\"/>V (25 %). Alor<span class=\"_ _5\"/>s que</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9, le pr<span class=\"_ _5\"/>ix d'exerc<span class=\"_ _5\"/>ice var<span class=\"_ _5\"/>iable \u00e9t<span class=\"_ _5\"/>ait d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9 sur la ba<span class=\"_ _5\"/>se de l'opti<span class=\"_ _5\"/>on de ven<span class=\"_ _5\"/>te des ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns res<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>es et cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>ponda<span class=\"_ _5\"/>it au mon<span class=\"_ _5\"/>tant</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">max<span class=\"_ _5\"/>imum pr\u00e9<span class=\"_ _5\"/>vu dan<span class=\"_ _5\"/>s le contr<span class=\"_ _5\"/>at, bp<span class=\"_ _5\"/>ost a r<span class=\"_ _5\"/>\u00e9\u00e9va<span class=\"_ _5\"/>lu\u00e9 en 202<span class=\"_ _5\"/>2 que bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>xerce<span class=\"_ _5\"/>ra avan<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>opt<span class=\"_ _5\"/>ion d'achat p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions re<span class=\"_ _5\"/>st<span class=\"_ _5\"/>antes<span class=\"_ _5\"/>, c'est \u2013 \u00e0 \u2013 dir<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>5 sur la b<span class=\"_ _5\"/>ase de l'<span class=\"_ _5\"/>EBITDA de 2<span class=\"_ _5\"/>024. En cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nce, la dim<span class=\"_ _5\"/>inutio<span class=\"_ _5\"/>n du pas<span class=\"_ _5\"/>sif \u00e9ve<span class=\"_ _5\"/>ntuel (14,<span class=\"_ _5\"/>3 mEUR) a \u00e9t\u00e9 com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans le<span class=\"_ _5\"/>s revenu<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>. La de<span class=\"_ _5\"/>tte a<span class=\"_ _5\"/>ctua<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>e en cour<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ions r<span class=\"_ _5\"/>est<span class=\"_ _5\"/>antes d'Ant<span class=\"_ _5\"/>hill BV et d'Ac<span class=\"_ _5\"/>tive A<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s Intern<span class=\"_ _5\"/>ationa<span class=\"_ _5\"/>l au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2 s'\u00e9l\u00e8ve \u00e0</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls5d ws71\" style=\"z-index: 15;\">18,1 mEUR.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 762px; height: 320px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 762px; height: 320px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag157": {
   "value": "\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls1e ws6a\" style=\"z-index: 15;\">Rev<span class=\"_ _d\"/>enus financiers</div>\n<div class=\"t m0 x7 hb y81 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9c5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9c6 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Int\u00e9r\u00eats per\u00e7us<span class=\"_ _140\"> </span><span class=\"ls42 ws4c\">2,2<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,4</span></span></div>\n<div class=\"t m0 x7 hd y9c7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Gai<span class=\"_ _5\"/>ns iss<span class=\"_ _5\"/>us de di<span class=\"_ _5\"/>ff\u00e9<span class=\"_ _5\"/>ren<span class=\"_ _5\"/>ce de cha<span class=\"_ _5\"/>nge<span class=\"_ _14e\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3<span class=\"_ _1f1\"> </span>7,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd y9c8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Contrepar<span class=\"_ _5\"/>tie conditionnelle: ch<span class=\"_ _d\"/>angement d'int\u00e9r\u00eats minoritaires<span class=\"_ _d7\"> </span><span class=\"ls90 wsa4\">14<span class=\"_ _5\"/>,3<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hd y9c9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>ier<span class=\"_ _5\"/>s sur les o<span class=\"_ _5\"/>blig<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns de pr<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tati<span class=\"_ _5\"/>ons d\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>ies (I<span class=\"_ _5\"/>AS 19)<span class=\"_ _c5\"> </span><span class=\"ls3b ws43\">45,2<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd y9ca ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres revenus financier<span class=\"_ _5\"/>s<span class=\"_ _116\"> </span><span class=\"ls18 ws1a\">0,6<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>1</span></span></div>\n<div class=\"t m0 x7 hf y9cb ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9cc ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">79,6<span class=\"_ _18a\"> </span><span class=\"ls4d ws5b\">8,5</span></div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, bpo<span class=\"_ _5\"/>st a r\u00e9<span class=\"_ _5\"/>\u00e9valu<span class=\"_ _5\"/>\u00e9 le pri<span class=\"_ _5\"/>x d'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xercice v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>le des a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons re<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ntes d'Anthil<span class=\"_ _5\"/>l BV (25 %) et d'Ac<span class=\"_ _5\"/>tive A<span class=\"_ _5\"/>nts I<span class=\"_ _5\"/>nterna<span class=\"_ _5\"/>tional B<span class=\"_ _5\"/>V (25 %). Alor<span class=\"_ _5\"/>s que</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9, le pr<span class=\"_ _5\"/>ix d'exerc<span class=\"_ _5\"/>ice var<span class=\"_ _5\"/>iable \u00e9t<span class=\"_ _5\"/>ait d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9 sur la ba<span class=\"_ _5\"/>se de l'opti<span class=\"_ _5\"/>on de ven<span class=\"_ _5\"/>te des ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns res<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>es et cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>ponda<span class=\"_ _5\"/>it au mon<span class=\"_ _5\"/>tant</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">max<span class=\"_ _5\"/>imum pr\u00e9<span class=\"_ _5\"/>vu dan<span class=\"_ _5\"/>s le contr<span class=\"_ _5\"/>at, bp<span class=\"_ _5\"/>ost a r<span class=\"_ _5\"/>\u00e9\u00e9va<span class=\"_ _5\"/>lu\u00e9 en 202<span class=\"_ _5\"/>2 que bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>xerce<span class=\"_ _5\"/>ra avan<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>opt<span class=\"_ _5\"/>ion d'achat p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions re<span class=\"_ _5\"/>st<span class=\"_ _5\"/>antes<span class=\"_ _5\"/>, c'est \u2013 \u00e0 \u2013 dir<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>5 sur la b<span class=\"_ _5\"/>ase de l'<span class=\"_ _5\"/>EBITDA de 2<span class=\"_ _5\"/>024. En cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nce, la dim<span class=\"_ _5\"/>inutio<span class=\"_ _5\"/>n du pas<span class=\"_ _5\"/>sif \u00e9ve<span class=\"_ _5\"/>ntuel (14,<span class=\"_ _5\"/>3 mEUR) a \u00e9t\u00e9 com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>e dans le<span class=\"_ _5\"/>s revenu<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>. La de<span class=\"_ _5\"/>tte a<span class=\"_ _5\"/>ctua<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>e en cour<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ions r<span class=\"_ _5\"/>est<span class=\"_ _5\"/>antes d'Ant<span class=\"_ _5\"/>hill BV et d'Ac<span class=\"_ _5\"/>tive A<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s Intern<span class=\"_ _5\"/>ationa<span class=\"_ _5\"/>l au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2 s'\u00e9l\u00e8ve \u00e0</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls5d ws71\" style=\"z-index: 15;\">18,1 mEUR.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 762px; height: 320px; width: 88%; z-index: 5;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestIncomeExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag155": {
   "value": "\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb ya ff7 fs6 fc3 sc0 ls1e wsd6\" style=\"z-index: 15;\">Charges <span class=\"_ _d\"/>f<span class=\"_ _5\"/>inanc<span class=\"_ _d\"/>i\u00e8res</div>\n<div class=\"t m0 x7 hb yb ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9cd ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9ce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts/(p<span class=\"_ _5\"/>rodu<span class=\"_ _5\"/>its) f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cie<span class=\"_ _5\"/>rs sur l<span class=\"_ _5\"/>es obl<span class=\"_ _5\"/>igat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>inie<span class=\"_ _5\"/>s (IA<span class=\"_ _5\"/>S 19)<span class=\"_ _1f1\"> </span><span class=\"ls18 ws1a\">0,2<span class=\"_ _1de\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _1\"/>,1)</span></span></div>\n<div class=\"t m0 x7 hd y9cf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cha<span class=\"_ _5\"/>rges d<span class=\"_ _5\"/>es int<span class=\"_ _5\"/>\u00e9r\u00eat<span class=\"_ _5\"/>s sur l<span class=\"_ _5\"/>easin<span class=\"_ _5\"/>gs (FR<span class=\"_ _5\"/>S 16)<span class=\"_ _1f2\"> </span><span class=\"ls42 ws4c\">12,0<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">9<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y9d0 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>emprunt<span class=\"_ _5\"/>s<span class=\"_ _15d\"> </span>4,6<span class=\"_ _13e\"> </span>1,6</div>\n<div class=\"t m0 x7 hd y9d1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et ch<span class=\"_ _5\"/>arge<span class=\"_ _5\"/>s li\u00e9<span class=\"_ _5\"/>es \u00e0 l'obli<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>on \u00e0 long t<span class=\"_ _5\"/>erm<span class=\"_ _5\"/>e<span class=\"_ _11\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>3<span class=\"_ _1e0\"> </span>9,3</span></div>\n<div class=\"t m0 x7 hd y9d2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e8g<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nt du s<span class=\"_ _5\"/>wap de t<span class=\"_ _5\"/>aux d'i<span class=\"_ _5\"/>nt\u00e9r\u00ea<span class=\"_ _5\"/>t<span class=\"_ _1f3\"> </span><span class=\"ls42 ws4c\">2,5<span class=\"_ _13e\"> </span>2,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd y9d3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s iss<span class=\"_ _5\"/>ues d<span class=\"_ _5\"/>e dif<span class=\"_ _5\"/>f\u00e9re<span class=\"_ _5\"/>nces d<span class=\"_ _5\"/>e chang<span class=\"_ _5\"/>e<span class=\"_ _192\"> </span><span class=\"ls3b ws43\">15,1<span class=\"_ _1e0\"> </span><span class=\"ls28 ws2a\">3,4</span></span></div>\n<div class=\"t m0 x7 hd y9d4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Contrepar<span class=\"_ _5\"/>tie conditionnelle: d\u00e9sactualisation, changement de taux</div>\n<div class=\"t m0 x7 hd y9d5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tualisation</div>\n<div class=\"t m0 x10b hd y9d4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,6<span class=\"_ _1e0\"> </span>0,6</div>\n<div class=\"t m0 x7 hd y9d6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres charges financi\u00e8re<span class=\"_ _5\"/>s<span class=\"_ _190\"> </span><span class=\"ls7 ws8\">5,0<span class=\"_ _13e\"> </span>5,0</span></div>\n<div class=\"t m0 x7 hf y9d7 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9d8 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">49,<span class=\"_ _5\"/>3<span class=\"_ _1e2\"> </span><span class=\"ls1d ws1f\">24,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 469px; height: 268px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 469px; height: 268px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 469px; height: 268px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceCostExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag158": {
   "value": "\n<div><br/></div>\n\n<div class=\"t m0 x5 hb ya ff7 fs6 fc3 sc0 ls1e wsd6\" style=\"z-index: 15;\">Charges <span class=\"_ _d\"/>f<span class=\"_ _5\"/>inanc<span class=\"_ _d\"/>i\u00e8res</div>\n<div class=\"t m0 x7 hb yb ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9cd ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9ce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts/(p<span class=\"_ _5\"/>rodu<span class=\"_ _5\"/>its) f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cie<span class=\"_ _5\"/>rs sur l<span class=\"_ _5\"/>es obl<span class=\"_ _5\"/>igat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s d\u00e9f<span class=\"_ _5\"/>inie<span class=\"_ _5\"/>s (IA<span class=\"_ _5\"/>S 19)<span class=\"_ _1f1\"> </span><span class=\"ls18 ws1a\">0,2<span class=\"_ _1de\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _1\"/>,1)</span></span></div>\n<div class=\"t m0 x7 hd y9cf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cha<span class=\"_ _5\"/>rges d<span class=\"_ _5\"/>es int<span class=\"_ _5\"/>\u00e9r\u00eat<span class=\"_ _5\"/>s sur l<span class=\"_ _5\"/>easin<span class=\"_ _5\"/>gs (FR<span class=\"_ _5\"/>S 16)<span class=\"_ _1f2\"> </span><span class=\"ls42 ws4c\">12,0<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">9<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y9d0 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Int\u00e9r\u00eat<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>emprunt<span class=\"_ _5\"/>s<span class=\"_ _15d\"> </span>4,6<span class=\"_ _13e\"> </span>1,6</div>\n<div class=\"t m0 x7 hd y9d1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et ch<span class=\"_ _5\"/>arge<span class=\"_ _5\"/>s li\u00e9<span class=\"_ _5\"/>es \u00e0 l'obli<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>on \u00e0 long t<span class=\"_ _5\"/>erm<span class=\"_ _5\"/>e<span class=\"_ _11\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>3<span class=\"_ _1e0\"> </span>9,3</span></div>\n<div class=\"t m0 x7 hd y9d2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e8g<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nt du s<span class=\"_ _5\"/>wap de t<span class=\"_ _5\"/>aux d'i<span class=\"_ _5\"/>nt\u00e9r\u00ea<span class=\"_ _5\"/>t<span class=\"_ _1f3\"> </span><span class=\"ls42 ws4c\">2,5<span class=\"_ _13e\"> </span>2,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd y9d3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s iss<span class=\"_ _5\"/>ues d<span class=\"_ _5\"/>e dif<span class=\"_ _5\"/>f\u00e9re<span class=\"_ _5\"/>nces d<span class=\"_ _5\"/>e chang<span class=\"_ _5\"/>e<span class=\"_ _192\"> </span><span class=\"ls3b ws43\">15,1<span class=\"_ _1e0\"> </span><span class=\"ls28 ws2a\">3,4</span></span></div>\n<div class=\"t m0 x7 hd y9d4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Contrepar<span class=\"_ _5\"/>tie conditionnelle: d\u00e9sactualisation, changement de taux</div>\n<div class=\"t m0 x7 hd y9d5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tualisation</div>\n<div class=\"t m0 x10b hd y9d4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,6<span class=\"_ _1e0\"> </span>0,6</div>\n<div class=\"t m0 x7 hd y9d6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Autres charges financi\u00e8re<span class=\"_ _5\"/>s<span class=\"_ _190\"> </span><span class=\"ls7 ws8\">5,0<span class=\"_ _13e\"> </span>5,0</span></div>\n<div class=\"t m0 x7 hf y9d7 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9d8 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">49,<span class=\"_ _5\"/>3<span class=\"_ _1e2\"> </span><span class=\"ls1d ws1f\">24,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 469px; height: 268px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 469px; height: 268px; width: 88%; z-index: 5;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag171": {
   "value": "\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y58 ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.14 <span class=\"_ _4\"> </span>Imp\u00f4ts sur le r\u00e9s<span class=\"_ _d\"/>ulta<span class=\"_ _d\"/>t / Imp\u00f4ts diff\u00e9r\u00e9s</div>\n<div class=\"t m0 x5 hb y5a ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9t<span class=\"_ _5\"/>ail des i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s sur le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9s dan<span class=\"_ _5\"/>s le compt<span class=\"_ _5\"/>e de r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s sur le r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9s dans le co<span class=\"_ _5\"/>mpte de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats e<span class=\"_ _5\"/>n 2022 s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>l\u00e8vent \u00e0 6<span class=\"_ _5\"/>0,8 m<span class=\"_ _5\"/>EUR et pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre d\u00e9<span class=\"_ _5\"/>taill\u00e9<span class=\"_ _5\"/>s comme s<span class=\"_ _5\"/>uit:</div>\n<div class=\"t m0 x7 hb y5e ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9d9 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hf y9da ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">LES CHARGES FISCALES COMPRENNENT<span class=\"_ _d\"/>:</div>\n<div class=\"t m0 x7 hd y9db ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges fisc<span class=\"_ _5\"/>ales c<span class=\"_ _d\"/>ourantes<span class=\"_ _1f4\"> </span><span class=\"ls3b ws43\">55,1<span class=\"_ _1d7\"> </span><span class=\"ls1b ws1d\">75,7</span></span></div>\n<div class=\"t m0 x7 hd y9dc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aj<span class=\"_ _5\"/>uste<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s re<span class=\"_ _5\"/>latif<span class=\"_ _5\"/>s aux c<span class=\"_ _5\"/>harg<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>isc<span class=\"_ _5\"/>ales co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>tes de<span class=\"_ _5\"/>s exe<span class=\"_ _5\"/>rcice<span class=\"_ _5\"/>s pr\u00e9<span class=\"_ _5\"/>c\u00e9de<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s<span class=\"_ _1ce\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _23\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>1)</span></span></div>\n<div class=\"t m0 x7 hd y9dd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts d<span class=\"_ _5\"/>if<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s rela<span class=\"_ _5\"/>tifs \u00e0 l<span class=\"_ _5\"/>'<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>olut<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s dif<span class=\"_ _5\"/>f\u00e9re<span class=\"_ _5\"/>nces t<span class=\"_ _5\"/>empo<span class=\"_ _5\"/>rai<span class=\"_ _5\"/>res<span class=\"_ _191\"> </span><span class=\"ls22 ws24\">16,6<span class=\"_ _1d7\"> </span><span class=\"ls43 ws4d\">11,9</span></span></div>\n<div class=\"t m0 x7 hf y9de ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES CHARGES D'IMP\u00d4T SUR LE REVENU C<span class=\"_ _d\"/>OMPT<span class=\"_ _d\"/>ABILIS\u00c9ES DANS LE C<span class=\"_ _d\"/>OMPTE</div>\n<div class=\"t m0 x7 hf y9df ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DE R\u00c9SUL<span class=\"_ _3b\"/>TA<span class=\"_ _1\"/>T</div>\n<div class=\"t m0 x170 h1b y9e0 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">60,<span class=\"_ _5\"/>8<span class=\"_ _1f5\"> </span><span class=\"ls25 ws27\">83,5</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 149px; height: 258px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 149px; height: 258px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9con<span class=\"_ _5\"/>cilia<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s imp\u00f4<span class=\"_ _5\"/>ts sur l<span class=\"_ _5\"/>e r\u00e9su<span class=\"_ _5\"/>ltat th<span class=\"_ _5\"/>\u00e9ori<span class=\"_ _5\"/>ques avec l<span class=\"_ _5\"/>es imp\u00f4<span class=\"_ _5\"/>ts su<span class=\"_ _5\"/>r le r\u00e9su<span class=\"_ _5\"/>ltat com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lis\u00e9s d<span class=\"_ _5\"/>ans le com<span class=\"_ _5\"/>pte de</div>\n<div class=\"t m0 x5 hb y9e1 ff5 fs6 fc3 sc0 ls36 ws3e\" style=\"z-index: 15;\">r\u00e9sultats</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une r\u00e9<span class=\"_ _5\"/>conci<span class=\"_ _5\"/>liation d<span class=\"_ _5\"/>es imp<span class=\"_ _5\"/>\u00f4ts s<span class=\"_ _5\"/>ur le r\u00e9s<span class=\"_ _5\"/>ultat th<span class=\"_ _5\"/>\u00e9or<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s avec les i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s sur le r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dans l<span class=\"_ _5\"/>e compte de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats p<span class=\"_ _5\"/>eut s<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">r\u00e9sumer c<span class=\"_ _d\"/>omme suit:</div>\n<div class=\"t m0 x7 hc yf0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y9e2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">B\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ice ne<span class=\"_ _5\"/>t avan<span class=\"_ _5\"/>t imp\u00f4t (<span class=\"_ _5\"/>A)<span class=\"_ _112\"> </span><span class=\"ls2c ws2e\">292,<span class=\"_ _5\"/>5<span class=\"_ _130\"> </span><span class=\"ls13 ws15\">333<span class=\"_ _d\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y9e3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>'impo<span class=\"_ _5\"/>siti<span class=\"_ _5\"/>on st<span class=\"_ _5\"/>atut<span class=\"_ _5\"/>aire (B)<span class=\"_ _1f6\"> </span><span class=\"ls7 ws8\">25,0<span class=\"_ _5\"/>%<span class=\"_ _1f7\"> </span>25,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x7 hf y9e4 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CHARGES D'IMP\u00d4T TH\u00c9ORIQUES (C) = (A) X (B)</div>\n<div class=\"t m0 x170 h1b y9e5 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">73,1<span class=\"_ _1e2\"> </span>83,4</div>\n<div class=\"t m0 x7 hc y9e6 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00c9C<span class=\"_ _5\"/>ONC<span class=\"_ _5\"/>ILI<span class=\"_ _5\"/>ATION D<span class=\"_ _5\"/>ES \u00c9<span class=\"_ _5\"/>L\u00c9ME<span class=\"_ _5\"/>NTS E<span class=\"_ _5\"/>NTR<span class=\"_ _5\"/>E TAUX D'<span class=\"_ _5\"/>IMP<span class=\"_ _5\"/>OSI<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>N STATUTA<span class=\"_ _5\"/>IRE E<span class=\"_ _5\"/>T TAUX</div>\n<div class=\"t m0 x7 hc y9e7 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'IMPOSITION EFFECTIF</div>\n<div class=\"t m0 x7 hd y9e8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cal de<span class=\"_ _5\"/>s d\u00e9p<span class=\"_ _5\"/>ens<span class=\"_ _5\"/>es no<span class=\"_ _5\"/>n admis<span class=\"_ _5\"/>es<span class=\"_ _1f8\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>0<span class=\"_ _1f1\"> </span>7,<span class=\"_ _5\"/>1</span></div>\n<div class=\"t m0 x7 hd y9e9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act d<span class=\"_ _5\"/>'imp\u00f4t<span class=\"_ _5\"/>s re<span class=\"_ _5\"/>lati<span class=\"_ _5\"/>fs au<span class=\"_ _5\"/>x exer<span class=\"_ _5\"/>cices p<span class=\"_ _5\"/>r\u00e9c\u00e9<span class=\"_ _5\"/>den<span class=\"_ _5\"/>ts<span class=\"_ _5a\"> </span><span class=\"ls1b ws1d\">(10,<span class=\"_ _5\"/>9)<span class=\"_ _23\"> </span></span>(3,<span class=\"_ _5\"/>9)</div>\n<div class=\"t m0 x7 hd y9ea ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cal de<span class=\"_ _5\"/>s r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s de vale<span class=\"_ _5\"/>ur du go<span class=\"_ _5\"/>odwi<span class=\"_ _5\"/>ll<span class=\"_ _1dd\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1e0\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd y9eb ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cal de l<span class=\"_ _5\"/>a r\u00e9\u00e9<span class=\"_ _5\"/>valua<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9t<span class=\"_ _5\"/>enus e<span class=\"_ _5\"/>n vue de l<span class=\"_ _5\"/>a vente \u00e0 l<span class=\"_ _5\"/>eur</div>\n<div class=\"t m0 x7 hd y9ec ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur dim<span class=\"_ _5\"/>inu\u00e9<span class=\"_ _5\"/>e des co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s de la ven<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x10b hd y9eb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _23\"> </span><span class=\"ls0 ws0\">(3,0)</span></div>\n<div class=\"t m0 x7 hd y9ed ff4 fs8 fc2 sc0 ls0 ws4f\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cal de<span class=\"_ _5\"/>s uti<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s des p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>isc<span class=\"_ _5\"/>ales p<span class=\"_ _5\"/>ar les f<span class=\"_ _5\"/>ilia<span class=\"_ _5\"/>les p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>sque<span class=\"_ _5\"/>lles</div>\n<div class=\"t m0 x7 hd y9ee ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">auc<span class=\"_ _5\"/>un ou de<span class=\"_ _5\"/>s imp\u00f4<span class=\"_ _5\"/>ts di<span class=\"_ _5\"/>ff\u00e9<span class=\"_ _5\"/>r\u00e9s p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>ls ont \u00e9<span class=\"_ _5\"/>t\u00e9 comp<span class=\"_ _5\"/>tab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x55 hd y9ed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _23\"> </span><span class=\"ls90 wsa4\">(0,1)</span></div>\n<div class=\"t m0 x7 hd y9ef ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Fil<span class=\"_ _5\"/>iales e<span class=\"_ _5\"/>n situ<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de per<span class=\"_ _5\"/>te p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>squ<span class=\"_ _5\"/>elle<span class=\"_ _5\"/>s aucun o<span class=\"_ _5\"/>u des i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s dif<span class=\"_ _5\"/>f\u00e9r<span class=\"_ _5\"/>\u00e9s</div>\n<div class=\"t m0 x7 hd y9f0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">par<span class=\"_ _5\"/>tiels ont \u00e9t\u00e9<span class=\"_ _d\"/> comptabilis\u00e9s</div>\n<div class=\"t m0 x108 hd y9ef ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">2,3<span class=\"_ _1d1\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>4</span></div>\n<div class=\"t m0 x7 hd y9f1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Entreprises as<span class=\"_ _5\"/>soci\u00e9es (soci\u00e9t\u00e9s mises en \u00e9quivalence)<span class=\"_ _155\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hc y9f2 ff7 fs7 fc2 sc0 lsa0 wsb3\" style=\"z-index: 15;\">AUTRES<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hd y9f3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cal de<span class=\"_ _5\"/>s liqu<span class=\"_ _5\"/>idati<span class=\"_ _5\"/>ons de f<span class=\"_ _5\"/>ilia<span class=\"_ _5\"/>les<span class=\"_ _117\"> </span><span class=\"ls2b ws2d\">(6,8)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hd y9f4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cal de<span class=\"_ _5\"/>s chan<span class=\"_ _5\"/>geme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s de tau<span class=\"_ _5\"/>x<span class=\"_ _1f9\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _13e\"> </span>0,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd y9f5 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres diff\u00e9rences<span class=\"_ _1fa\"> </span><span class=\"ls0 ws0\">(3,<span class=\"_ _5\"/>5)<span class=\"_ _1de\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6)</span></span></div>\n<div class=\"t m0 x7 hf y9f6 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x170 h1b y9f7 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">60,<span class=\"_ _5\"/>8<span class=\"_ _1f5\"> </span><span class=\"ls25 ws27\">83,5</span></div>\n<div class=\"t m0 x7 hd y9f8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges fisc<span class=\"_ _5\"/>ales r\u00e9sultant<span class=\"_ _d\"/> de l'application du<span class=\"_ _d\"/> taux d'imposition effec<span class=\"_ _5\"/>tif</div>\n<div class=\"t m0 x7 hd y9f9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">(exercice<span class=\"_ _d\"/> courant)</div>\n<div class=\"t m0 xd8 hd y9f8 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">(60<span class=\"_ _5\"/>,8)<span class=\"_ _1e8\"> </span>(8<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x7 hd y9fa ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">B\u00e9n\u00e9fice net avan<span class=\"_ _d\"/>t imp\u00f4t<span class=\"_ _1fb\"> </span><span class=\"ls2c ws2e\">292,<span class=\"_ _5\"/>5<span class=\"_ _130\"> </span><span class=\"ls13 ws15\">333<span class=\"_ _d\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y9fb ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>aux d'imposition effe<span class=\"_ _5\"/>ctif<span class=\"_ _1fc\"> </span><span class=\"ls18 ws1a\">20,8%<span class=\"_ _9a\"> </span><span class=\"ls7 ws8\">2<span class=\"_ _5\"/>5,0%</span></span></div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>olde<span class=\"_ _5\"/>s ajus<span class=\"_ _5\"/>t\u00e9s de<span class=\"_ _5\"/>s ann\u00e9<span class=\"_ _5\"/>es pr\u00e9<span class=\"_ _5\"/>c\u00e9de<span class=\"_ _5\"/>ntes, l'im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t de la liqu<span class=\"_ _5\"/>idatio<span class=\"_ _5\"/>n des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s et la mis<span class=\"_ _5\"/>e \u00e0 jour de la co<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie con<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>nnelle \u2013 i<span class=\"_ _5\"/>nclus<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans l<span class=\"_ _5\"/>a rubr<span class=\"_ _5\"/>ique \"Autre<span class=\"_ _5\"/>s\" \u2013 ont cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>\u00e9 \u00e0 la bais<span class=\"_ _5\"/>se du t<span class=\"_ _5\"/>aux d'imp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on en 202<span class=\"_ _5\"/>2. Ce<span class=\"_ _5\"/>s \u00e9l\u00e9m<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s ont \u00e9t\u00e9 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r des</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9p<span class=\"_ _5\"/>ens<span class=\"_ _5\"/>es non d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tibl<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t et l'impac<span class=\"_ _5\"/>t de<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les en si<span class=\"_ _5\"/>tuatio<span class=\"_ _5\"/>n de per<span class=\"_ _5\"/>te p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>squel<span class=\"_ _5\"/>les auc<span class=\"_ _5\"/>un act<span class=\"_ _5\"/>if d'imp\u00f4<span class=\"_ _5\"/>ts di<span class=\"_ _5\"/>ff\u00e9r\u00e9<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>comp<span class=\"_ _5\"/>l\u00e8te)</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n'<span class=\"_ _d\"/>a \u00e9t<span class=\"_ _5\"/>\u00e9 reconn<span class=\"_ _5\"/>ue.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 2021, l'eff<span class=\"_ _5\"/>et f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>l des f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s en situa<span class=\"_ _5\"/>tion de p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te (po<span class=\"_ _5\"/>ur les<span class=\"_ _5\"/>quelle<span class=\"_ _5\"/>s aucun a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f d'imp\u00f4t diff<span class=\"_ _5\"/>\u00e9r\u00e9 ou a<span class=\"_ _5\"/>ucun ac<span class=\"_ _5\"/>tif d'im<span class=\"_ _5\"/>p\u00f4t diff\u00e9<span class=\"_ _5\"/>r\u00e9 comp<span class=\"_ _5\"/>let n'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>st</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">reco<span class=\"_ _5\"/>nnu) es<span class=\"_ _5\"/>t impac<span class=\"_ _5\"/>t\u00e9 par un<span class=\"_ _5\"/>e moins \u2013 v<span class=\"_ _5\"/>alue exce<span class=\"_ _5\"/>ptio<span class=\"_ _5\"/>nnelle s<span class=\"_ _5\"/>ur la vente d<span class=\"_ _5\"/>e The Mail G<span class=\"_ _5\"/>roup par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t US Holdin<span class=\"_ _5\"/>g. Cet im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t n\u00e9gat<span class=\"_ _5\"/>if sur le t<span class=\"_ _5\"/>aux</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u2019imp<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ion eff<span class=\"_ _5\"/>ect<span class=\"_ _5\"/>if a \u00e9t\u00e9 com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>\u00e9 par le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s diff\u00e9r<span class=\"_ _5\"/>ence<span class=\"_ _5\"/>s qui compr<span class=\"_ _5\"/>enne<span class=\"_ _5\"/>nt cer<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>s cr\u00e9di<span class=\"_ _5\"/>ts d'im<span class=\"_ _5\"/>p\u00f4t et d\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nce, le t<span class=\"_ _5\"/>aux d'imp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if es<span class=\"_ _5\"/>t proch<span class=\"_ _5\"/>e du tau<span class=\"_ _5\"/>x th\u00e9<span class=\"_ _5\"/>oriqu<span class=\"_ _5\"/>e de 25<span class=\"_ _5\"/>% en 2021<span class=\"_ _5\"/>.</div>\n\n<div class=\"t m0 x5 hb y5d ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts dif<span class=\"_ _5\"/>f\u00e9r<span class=\"_ _5\"/>\u00e9s pr\u00e9se<span class=\"_ _5\"/>nt\u00e9s au bila<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ions d\u2019i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s ne<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s sont c<span class=\"_ _5\"/>alcul\u00e9<span class=\"_ _5\"/>es sur ba<span class=\"_ _5\"/>se de la p<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ion f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>le de chaq<span class=\"_ _5\"/>ue enti<span class=\"_ _5\"/>t\u00e9. Les m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>ts n<span class=\"_ _5\"/>ets s<span class=\"_ _5\"/>ont pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9s dan<span class=\"_ _5\"/>s le</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bila<span class=\"_ _5\"/>n par ent<span class=\"_ _5\"/>it\u00e9 l\u00e9gal<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 252px; height: 65px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 252px; height: 830px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 des a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>s d'imp<span class=\"_ _5\"/>\u00f4ts d<span class=\"_ _5\"/>iff\u00e9r\u00e9<span class=\"_ _5\"/>s de 18,<span class=\"_ _5\"/>4 mEUR. C<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>s d'imp\u00f4<span class=\"_ _5\"/>ts diff<span class=\"_ _5\"/>\u00e9r\u00e9s s<span class=\"_ _5\"/>e comp<span class=\"_ _5\"/>osent</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>e suit :</div>\n<div class=\"t m0 x7 hc y9fc ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1fd\"> </span><span class=\"ff7 lsf ws11\">2021</span></div>\n<div class=\"t m0 x90 hc y9fd ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT S<span class=\"_ _5\"/>UR LE</div>\n<div class=\"t m0 x171 hc y9fe ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00c9<span class=\"_ _5\"/>SULTAT DE</div>\n<div class=\"t m0 x14b hc y9ff ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">L<span class=\"_ _1\"/>'ANN\u00c9E</div>\n<div class=\"t m0 x130 hc ya00 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT S<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x130 hc ya01 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S AUTR<span class=\"_ _5\"/>ES</div>\n<div class=\"t m0 x143 hc ya02 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">\u00c9L\u00c9MENTS</div>\n<div class=\"t m0 x172 hc ya03 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DU R<span class=\"_ _5\"/>\u00c9SU<span class=\"_ _5\"/>L<span class=\"_ _d\"/>TAT</div>\n<div class=\"t m0 x46 hc ya04 ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">GLOB<span class=\"_ _5\"/>AL</div>\n<div class=\"t m0 x173 hc ya05 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT D<span class=\"_ _5\"/>U RE-</div>\n<div class=\"t m0 x7c hc ya06 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">GROUPEMENT</div>\n<div class=\"t m0 x18 hc ya07 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'ENTREPRI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x96 hc ya08 ff5 fs7 fc2 sc0 ls6b ws7f\" style=\"z-index: 15;\">SES</div>\n<div class=\"t m0 x55 hc ya07 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>TS DE</div>\n<div class=\"t m0 xfe hc ya08 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVERSION<span class=\"_ _79\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _109\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></span></div>\n<div class=\"t m0 x7 hc ya09 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>P\u00d4T<span class=\"_ _5\"/>S DIF<span class=\"_ _5\"/>F\u00c9R<span class=\"_ _5\"/>\u00c9S DE<span class=\"_ _5\"/>S ACT<span class=\"_ _5\"/>IFS</div>\n<div class=\"t m0 x7 hd ya0a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>e au per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel<span class=\"_ _1fe\"> </span><span class=\"ls17 ws19\">19,<span class=\"_ _5\"/>2<span class=\"_ _109\"> </span></span>(0,0)<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _90\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _1cf\"> </span>0,7</span></span></div>\n<div class=\"t m0 x7 hd ya0b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions<span class=\"_ _12\"> </span><span class=\"ls14 ws16\">1,4<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,2<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _109\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>2)<span class=\"_ _11e\"> </span></span>0,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ya0c ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Pertes fisca<span class=\"_ _d\"/>les re<span class=\"_ _d\"/>port\u00e9es<span class=\"_ _4d\"> </span><span class=\"ls25 ws27\">56,0<span class=\"_ _109\"> </span><span class=\"ls2b ws2d\">(9,8)<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _eb\"> </span>0,0<span class=\"_ _eb\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>2<span class=\"_ _eb\"> </span></span>0,0<span class=\"_ _135\"> </span><span class=\"ls17 ws19\">49,<span class=\"_ _5\"/>4</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya0d ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _1ff\"> </span><span class=\"ls7 ws8\">32,8<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>3<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _eb\"> </span>0,0<span class=\"_ _11e\"> </span>0,9<span class=\"_ _90\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>)<span class=\"_ _135\"> </span><span class=\"ls1a ws1c\">24,2</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya0e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES IMP\u00d4TS DIFF\u00c9R\u00c9S DES</div>\n<div class=\"t m0 x7 hf ya0f ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ACTIF<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x174 h1b ya10 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">109,<span class=\"_ _5\"/>3<span class=\"_ _dd\"> </span><span class=\"lsdb wsfb\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _10a\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _10a\"> </span><span class=\"ls1d ws1f\">4,1<span class=\"_ _1c6\"> </span><span class=\"ls86 ws50\">(3<span class=\"_ _5\"/>3,6)<span class=\"_ _109\"> </span><span class=\"ls2f ws31\">74,<span class=\"_ _5\"/>6</span></span></span></span></span></div>\n<div class=\"t m0 x7 hc ya11 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>P\u00d4T<span class=\"_ _5\"/>S DIF<span class=\"_ _5\"/>F\u00c9R<span class=\"_ _5\"/>\u00c9S DE<span class=\"_ _5\"/>S PAS<span class=\"_ _5\"/>SIF<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hd ya12 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> corporelles<span class=\"_ _129\"> </span><span class=\"ls28 ws2a\">48<span class=\"_ _5\"/>,6<span class=\"_ _94\"> </span><span class=\"ls2b ws2d\">(5<span class=\"_ _5\"/>,2)<span class=\"_ _ac\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _eb\"> </span></span></span></span>2,3<span class=\"_ _1ca\"> </span><span class=\"ls1b ws1d\">(11<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _135\"> </span><span class=\"ls14 ws16\">34,4</span></span></div>\n<div class=\"t m0 x7 hd ya13 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> incorporelles<span class=\"_ _30\"> </span><span class=\"ls25 ws27\">28,0<span class=\"_ _109\"> </span><span class=\"ls90 wsa4\">(2,1)<span class=\"_ _ac\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span><span class=\"ls14 ws16\">1,1<span class=\"_ _1ca\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>,3<span class=\"_ _5\"/>)<span class=\"_ _135\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>8</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya14 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _a8\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _eb\"> </span><span class=\"ls26 ws28\">3,5<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _109\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _11e\"> </span><span class=\"ls14 ws16\">1,6<span class=\"_ _11e\"> </span></span></span></span>5,1</div>\n<div class=\"t m0 x7 hf ya15 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES IMP\u00d4TS DIFF\u00c9R\u00c9S DES</div>\n<div class=\"t m0 x7 hf ya16 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">P<span class=\"_ _d\"/>ASSIFS</div>\n<div class=\"t m0 x4d h1b ya17 ff7 fs8 fc3 sc0 ls17 ws19\" style=\"z-index: 15;\">76,<span class=\"_ _5\"/>6<span class=\"_ _ef\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>,8)<span class=\"_ _200\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _10a\"> </span><span class=\"ls25 ws27\">3,5<span class=\"_ _1c6\"> </span><span class=\"ls2b ws2d\">(2<span class=\"_ _5\"/>0,0)<span class=\"_ _94\"> </span><span class=\"ls1d ws1f\">56,<span class=\"_ _5\"/>2</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya18 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">IMP\u00d4T<span class=\"_ _d\"/>S DIFF\u00c9R\u00c9S NETS D'<span class=\"_ _1\"/>ACTIF<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x4d h1b ya19 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">32,8<span class=\"_ _dd\"> </span><span class=\"ls45 ws4a\">(1,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _200\"> </span><span class=\"lsd4 wsf5\">0,7<span class=\"_ _201\"> </span></span></span>(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>5)<span class=\"_ _91\"> </span><span class=\"ls2d ws2f\">18,4</span></span></div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La di<span class=\"_ _5\"/>minuti<span class=\"_ _5\"/>on de l'act<span class=\"_ _5\"/>if d'imp\u00f4<span class=\"_ _5\"/>t diff\u00e9r<span class=\"_ _5\"/>\u00e9 s'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>plique p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par le t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>fer<span class=\"_ _5\"/>t de<span class=\"_ _5\"/>s sold<span class=\"_ _5\"/>es ver<span class=\"_ _5\"/>s les pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s d'imp\u00f4t d<span class=\"_ _5\"/>iff\u00e9r\u00e9<span class=\"_ _5\"/>, prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment en</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>son de l'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x d'actu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment a<span class=\"_ _5\"/>ux ann\u00e9<span class=\"_ _5\"/>es pr<span class=\"_ _5\"/>\u00e9c\u00e9d<span class=\"_ _5\"/>entes<span class=\"_ _5\"/>, les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d'imp\u00f4<span class=\"_ _5\"/>ts diff<span class=\"_ _5\"/>\u00e9r\u00e9<span class=\"_ _5\"/>s li\u00e9s au<span class=\"_ _5\"/>x per<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cale<span class=\"_ _5\"/>s repo<span class=\"_ _5\"/>rt\u00e9<span class=\"_ _5\"/>es s<span class=\"_ _5\"/>ont pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement e<span class=\"_ _5\"/>xpli<span class=\"_ _5\"/>qu\u00e9s pa<span class=\"_ _5\"/>r la</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on d\u2019un ac<span class=\"_ _5\"/>tif d'imp<span class=\"_ _5\"/>\u00f4ts di<span class=\"_ _5\"/>ff\u00e9r\u00e9<span class=\"_ _5\"/>s pour Ra<span class=\"_ _5\"/>dial US (4<span class=\"_ _5\"/>4,1 mEUR). Ce<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s fis<span class=\"_ _5\"/>cale<span class=\"_ _5\"/>s nord \u2013 am<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>caine<span class=\"_ _5\"/>s rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9es p<span class=\"_ _5\"/>our les<span class=\"_ _5\"/>quel<span class=\"_ _5\"/>les</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un ac<span class=\"_ _5\"/>tif d'im<span class=\"_ _5\"/>p\u00f4t diff\u00e9<span class=\"_ _5\"/>r\u00e9 a \u00e9t\u00e9 com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9, e<span class=\"_ _5\"/>xpir<span class=\"_ _5\"/>eront e<span class=\"_ _5\"/>ntre 202<span class=\"_ _5\"/>3 et 20<span class=\"_ _5\"/>37 (23<span class=\"_ _5\"/>,3 mEU<span class=\"_ _5\"/>R). Les pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>les enco<span class=\"_ _5\"/>urue<span class=\"_ _5\"/>s \u00e0 par<span class=\"_ _5\"/>tir d<span class=\"_ _5\"/>e 2018, quant \u00e0</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">elle<span class=\"_ _5\"/>s,  pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>es ind\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>iment (20,7 mEUR).</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 des pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s d'imp\u00f4<span class=\"_ _5\"/>ts diff<span class=\"_ _5\"/>\u00e9r\u00e9<span class=\"_ _5\"/>s pour un m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t de 11,0 mEUR<span class=\"_ _5\"/>. Les p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs d'imp<span class=\"_ _5\"/>\u00f4ts di<span class=\"_ _5\"/>ff\u00e9r\u00e9<span class=\"_ _5\"/>s r\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sulte<span class=\"_ _5\"/>nt prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t de la r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion de va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ions in<span class=\"_ _5\"/>corp<span class=\"_ _5\"/>orelle<span class=\"_ _5\"/>s li\u00e9s \u00e0 l'allo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on du pr<span class=\"_ _5\"/>ix d\u2019acquisi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n (<span class=\"_ _d\"/>aut<span class=\"_ _5\"/>res qu<span class=\"_ _5\"/>e Radial) pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r les diff<span class=\"_ _5\"/>\u00e9rence<span class=\"_ _5\"/>s temp<span class=\"_ _5\"/>orair<span class=\"_ _5\"/>es li\u00e9<span class=\"_ _5\"/>es aux a<span class=\"_ _5\"/>vanta<span class=\"_ _5\"/>ges du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel<span class=\"_ _5\"/>. Le pas<span class=\"_ _5\"/>sif d'imp<span class=\"_ _5\"/>\u00f4t diff\u00e9<span class=\"_ _5\"/>r\u00e9</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par t<span class=\"_ _5\"/>yp<span class=\"_ _5\"/>e de diff\u00e9<span class=\"_ _5\"/>rence te<span class=\"_ _5\"/>mpor<span class=\"_ _5\"/>aire et l<span class=\"_ _5\"/>es chan<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>e d\u00e9comp<span class=\"_ _5\"/>ose<span class=\"_ _5\"/>nt comme s<span class=\"_ _5\"/>uit :</div>\n<div class=\"t m0 x7 hc ya1a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1fd\"> </span><span class=\"ff7 lsf ws11\">2021</span></div>\n<div class=\"t m0 x6e hc ya1b ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT S<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x118 hc ya1c ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE R<span class=\"_ _5\"/>\u00c9SU<span class=\"_ _5\"/>L<span class=\"_ _1\"/>TA D<span class=\"_ _5\"/>E</div>\n<div class=\"t m0 x14b hc ya1d ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">L<span class=\"_ _1\"/>'ANN\u00c9E</div>\n<div class=\"t m0 x130 hc ya1e ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT S<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x130 hc ya1f ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S AUTR<span class=\"_ _5\"/>ES</div>\n<div class=\"t m0 x143 hc ya20 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">\u00c9L\u00c9MENTS</div>\n<div class=\"t m0 x172 hc ya21 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DU R<span class=\"_ _5\"/>\u00c9SU<span class=\"_ _5\"/>L<span class=\"_ _d\"/>TAT</div>\n<div class=\"t m0 x46 hc ya22 ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">GLOB<span class=\"_ _5\"/>AL</div>\n<div class=\"t m0 x173 hc ya23 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT D<span class=\"_ _5\"/>U RE-</div>\n<div class=\"t m0 x7c hc ya24 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">GROUPEMENT</div>\n<div class=\"t m0 x18 hc ya25 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'ENTREPRI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x96 hc ya26 ff5 fs7 fc2 sc0 ls6b ws7f\" style=\"z-index: 15;\">SES</div>\n<div class=\"t m0 x175 hc ya27 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT D<span class=\"_ _5\"/>U RE-</div>\n<div class=\"t m0 x60 hc ya28 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">GROUPEMENT</div>\n<div class=\"t m0 x98 hc ya29 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'ENTREPRI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 xa8 hc ya2a ff5 fs7 fc2 sc0 ls6b ws7f\" style=\"z-index: 15;\">SES</div>\n<div class=\"t m0 xa3 hc ya29 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>TS DE</div>\n<div class=\"t m0 xc7 hc ya2a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVERSION<span class=\"_ _109\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></div>\n<div class=\"t m0 x7 hc ya2b ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>P\u00d4T<span class=\"_ _5\"/>S DIF<span class=\"_ _5\"/>F\u00c9R<span class=\"_ _5\"/>\u00c9S DE<span class=\"_ _5\"/>S ACT<span class=\"_ _5\"/>IFS</div>\n<div class=\"t m0 x7 hd ya2c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>e au per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _90\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,4)<span class=\"_ _109\"> </span>(1<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>)<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _203\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>5<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">4,1</span></span></span></div>\n<div class=\"t m0 x7 hd ya2d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions<span class=\"_ _12\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _91\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>2<span class=\"_ _eb\"> </span>1,2</span></span></div>\n<div class=\"t m0 x7 hd ya2e ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Pertes fisca<span class=\"_ _d\"/>les re<span class=\"_ _d\"/>port\u00e9es<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\">0,2<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>2<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span><span class=\"ls14 ws16\">1,4</span></span></div>\n<div class=\"t m0 x7 hd ya2f ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _a8\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _91\"> </span><span class=\"ls0 ws0\">(0<span class=\"_ _5\"/>,9)<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _203\"> </span><span class=\"ls26 ws28\">13,<span class=\"_ _5\"/>8<span class=\"_ _109\"> </span><span class=\"ls42 ws4c\">12,9</span></span></span></div>\n<div class=\"t m0 x7 hf ya30 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES IMP\u00d4TS DIFF\u00c9R\u00c9S DES</div>\n<div class=\"t m0 x7 hf ya31 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ACTIF<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 xbb h1b ya32 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,2<span class=\"_ _1c6\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2)<span class=\"_ _dd\"> </span>(1<span class=\"_ _5\"/>,0)<span class=\"_ _200\"> </span></span>0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _94\"> </span><span class=\"ls25 ws27\">33,6<span class=\"_ _91\"> </span><span class=\"ls26 ws28\">19,6</span></span></div>\n<div class=\"t m0 x7 hc ya33 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>P\u00d4T<span class=\"_ _5\"/>S DIF<span class=\"_ _5\"/>F\u00c9R<span class=\"_ _5\"/>\u00c9S DE<span class=\"_ _5\"/>S PAS<span class=\"_ _5\"/>SIF<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hd ya34 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> corporelles<span class=\"_ _d5\"> </span>2,<span class=\"_ _5\"/>3<span class=\"_ _109\"> </span><span class=\"ls22 ws24\">(0,4)<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _135\"> </span><span class=\"ls43 ws4d\">11,3<span class=\"_ _203\"> </span><span class=\"ls26 ws28\">13,<span class=\"_ _5\"/>2</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya35 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> incorporelles<span class=\"_ _1a\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>5<span class=\"_ _91\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>8)<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>5<span class=\"_ _eb\"> </span></span>0,0<span class=\"_ _135\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3<span class=\"_ _135\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>4</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya36 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _204\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>1)<span class=\"_ _eb\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>2<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,6<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _109\"> </span></span></span>(1<span class=\"_ _5\"/>,6)<span class=\"_ _ac\"> </span><span class=\"ls14 ws16\">1,1</span></span></div>\n<div class=\"t m0 x7 hf ya37 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES IMP\u00d4TS DIFF\u00c9R\u00c9S DES</div>\n<div class=\"t m0 x7 hf ya38 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">P<span class=\"_ _d\"/>ASSIFS</div>\n<div class=\"t m0 xbb h1b ya39 ff7 fs8 fc3 sc0 ls26 ws28\" style=\"z-index: 15;\">6,6<span class=\"_ _10a\"> </span><span class=\"ls4c ws5a\">1,9<span class=\"_ _10a\"> </span><span class=\"ls14 ws16\">0,6<span class=\"_ _10a\"> </span></span>1,5<span class=\"_ _10a\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _91\"> </span>20,0<span class=\"_ _109\"> </span><span class=\"lsd4 wsf5\">30,7</span></span></span></div>\n<div class=\"t m0 x7 hf ya3a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">IMP\u00d4T<span class=\"_ _d\"/>S DIFF\u00c9R\u00c9S NETS D'<span class=\"_ _1\"/>ACTIF<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x16f h1b ya3b ff7 fs8 fc3 sc0 ls22 ws24\" style=\"z-index: 15;\">(6,<span class=\"_ _5\"/>4)<span class=\"_ _1c6\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)<span class=\"_ _dd\"> </span>(1<span class=\"_ _5\"/>,7)<span class=\"_ _dd\"> </span>(1<span class=\"_ _5\"/>,5<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _94\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>5<span class=\"_ _1c6\"> </span></span></span>(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>0)</span></div>\n<div class=\"t m0 x5 h8 yb8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt li\u00e9e a<span class=\"_ _5\"/>u tran<span class=\"_ _5\"/>sfer<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>e cer<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>es ent<span class=\"_ _5\"/>it\u00e9s d'une p<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ion net<span class=\"_ _5\"/>te d'ac<span class=\"_ _5\"/>tifs d'i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 57px; height: 1025px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 57px; height: 1025px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Imp\u00f4ts diff\u00e9r\u00e9s non compt<span class=\"_ _d\"/>abilis\u00e9s</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs d'imp<span class=\"_ _5\"/>\u00f4ts d<span class=\"_ _5\"/>iff\u00e9r\u00e9<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cales r<span class=\"_ _5\"/>epor<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>es ne s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9s q<span class=\"_ _5\"/>ue dans la m<span class=\"_ _5\"/>esure o<span class=\"_ _5\"/>\u00f9 ces pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes comp<span class=\"_ _5\"/>ense<span class=\"_ _5\"/>nt un b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ice</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">imp<span class=\"_ _5\"/>osabl<span class=\"_ _5\"/>e dans le fu<span class=\"_ _5\"/>tur<span class=\"_ _d\"/>. bp<span class=\"_ _5\"/>ost \u00e9<span class=\"_ _5\"/>value un<span class=\"_ _5\"/>e p\u00e9r<span class=\"_ _5\"/>iode d<span class=\"_ _5\"/>e recou<span class=\"_ _5\"/>vrem<span class=\"_ _5\"/>ent de 5 an<span class=\"_ _5\"/>s, confo<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>ment \u00e0 l'ho<span class=\"_ _5\"/>rizon d<span class=\"_ _5\"/>es pla<span class=\"_ _5\"/>ns \u00e0 long te<span class=\"_ _5\"/>rme et b<span class=\"_ _5\"/>udget<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s test<span class=\"_ _5\"/>s de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>. S<span class=\"_ _5\"/>uite \u00e0 cet<span class=\"_ _5\"/>te \u00e9va<span class=\"_ _5\"/>luation<span class=\"_ _5\"/>, aucun a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f d'imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s n'a \u00e9t\u00e9 comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 \u00e0 con<span class=\"_ _5\"/>curre<span class=\"_ _5\"/>nce de</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">115<span class=\"_ _5\"/>,<span class=\"_ _d\"/>7 mEUR d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cale<span class=\"_ _5\"/>s repo<span class=\"_ _5\"/>rt\u00e9<span class=\"_ _5\"/>es<span class=\"_ _5\"/>. La majo<span class=\"_ _5\"/>rit\u00e9 d<span class=\"_ _5\"/>e ces per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>scale<span class=\"_ _5\"/>s non co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es con<span class=\"_ _5\"/>cerne<span class=\"_ _5\"/>nt des e<span class=\"_ _5\"/>ntit\u00e9<span class=\"_ _5\"/>s situ\u00e9<span class=\"_ _5\"/>es en A<span class=\"_ _5\"/>llemag<span class=\"_ _5\"/>ne</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(57<span class=\"_ _1\"/>,<span class=\"_ _5\"/>0 mEUR), au Luxe<span class=\"_ _5\"/>mbour<span class=\"_ _5\"/>g (21,0 mEUR<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, en B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>que (1<span class=\"_ _1\"/>7<span class=\"_ _d\"/>,<span class=\"_ _5\"/>8 mEUR) et \u00e0 Sin<span class=\"_ _5\"/>gapo<span class=\"_ _5\"/>ur (<span class=\"_ _d\"/>1,<span class=\"_ _5\"/>3 mEUR). En B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue, en Al<span class=\"_ _5\"/>lemagn<span class=\"_ _5\"/>e et \u00e0 Sing<span class=\"_ _5\"/>apour, les</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>scal<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>s ind\u00e9f<span class=\"_ _5\"/>inim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>. Au Luxe<span class=\"_ _5\"/>mbour<span class=\"_ _5\"/>g, le<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>tes s<span class=\"_ _5\"/>ubies a<span class=\"_ _5\"/>vant le 1er jan<span class=\"_ _5\"/>vier 201<span class=\"_ _d\"/>7 pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>es san<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">limit<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de temps<span class=\"_ _5\"/>, tan<span class=\"_ _5\"/>dis que l'ut<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s subie<span class=\"_ _5\"/>s apr\u00e8s e<span class=\"_ _5\"/>st li<span class=\"_ _5\"/>mit\u00e9e \u00e0 17 ans.</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le cr\u00e9<span class=\"_ _5\"/>dit d'imp<span class=\"_ _5\"/>\u00f4t non com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9 au<span class=\"_ _5\"/>x \u00c9tat<span class=\"_ _5\"/>s \u2013 Unis s'\u00e9l\u00e8ve \u00e0 17<span class=\"_ _1\"/>,9 m<span class=\"_ _5\"/>EUR.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 912px; height: 170px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 912px; height: 170px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag170": {
   "value": "\n<div class=\"t m0 x5 h1a y58 ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.14 <span class=\"_ _4\"> </span>Imp\u00f4ts sur le r\u00e9s<span class=\"_ _d\"/>ulta<span class=\"_ _d\"/>t / Imp\u00f4ts diff\u00e9r\u00e9s</div>\n<div class=\"t m0 x5 hb y5a ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9t<span class=\"_ _5\"/>ail des i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s sur le r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at compt<span class=\"_ _5\"/>abili<span class=\"_ _5\"/>s\u00e9s dan<span class=\"_ _5\"/>s le compt<span class=\"_ _5\"/>e de r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s sur le r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t compta<span class=\"_ _5\"/>bilis<span class=\"_ _5\"/>\u00e9s dans le co<span class=\"_ _5\"/>mpte de r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats e<span class=\"_ _5\"/>n 2022 s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>l\u00e8vent \u00e0 6<span class=\"_ _5\"/>0,8 m<span class=\"_ _5\"/>EUR et pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre d\u00e9<span class=\"_ _5\"/>taill\u00e9<span class=\"_ _5\"/>s comme s<span class=\"_ _5\"/>uit:</div>\n<div class=\"t m0 x7 hb y5e ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y9d9 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hf y9da ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">LES CHARGES FISCALES COMPRENNENT<span class=\"_ _d\"/>:</div>\n<div class=\"t m0 x7 hd y9db ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Charges fisc<span class=\"_ _5\"/>ales c<span class=\"_ _d\"/>ourantes<span class=\"_ _1f4\"> </span><span class=\"ls3b ws43\">55,1<span class=\"_ _1d7\"> </span><span class=\"ls1b ws1d\">75,7</span></span></div>\n<div class=\"t m0 x7 hd y9dc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aj<span class=\"_ _5\"/>uste<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s re<span class=\"_ _5\"/>latif<span class=\"_ _5\"/>s aux c<span class=\"_ _5\"/>harg<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>isc<span class=\"_ _5\"/>ales co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>tes de<span class=\"_ _5\"/>s exe<span class=\"_ _5\"/>rcice<span class=\"_ _5\"/>s pr\u00e9<span class=\"_ _5\"/>c\u00e9de<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s<span class=\"_ _1ce\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _23\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>1)</span></span></div>\n<div class=\"t m0 x7 hd y9dd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts d<span class=\"_ _5\"/>if<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>s rela<span class=\"_ _5\"/>tifs \u00e0 l<span class=\"_ _5\"/>'<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>olut<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s dif<span class=\"_ _5\"/>f\u00e9re<span class=\"_ _5\"/>nces t<span class=\"_ _5\"/>empo<span class=\"_ _5\"/>rai<span class=\"_ _5\"/>res<span class=\"_ _191\"> </span><span class=\"ls22 ws24\">16,6<span class=\"_ _1d7\"> </span><span class=\"ls43 ws4d\">11,9</span></span></div>\n<div class=\"t m0 x7 hf y9de ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES CHARGES D'IMP\u00d4T SUR LE REVENU C<span class=\"_ _d\"/>OMPT<span class=\"_ _d\"/>ABILIS\u00c9ES DANS LE C<span class=\"_ _d\"/>OMPTE</div>\n<div class=\"t m0 x7 hf y9df ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DE R\u00c9SUL<span class=\"_ _3b\"/>TA<span class=\"_ _1\"/>T</div>\n<div class=\"t m0 x170 h1b y9e0 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">60,<span class=\"_ _5\"/>8<span class=\"_ _1f5\"> </span><span class=\"ls25 ws27\">83,5</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 149px; height: 258px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 hb y5d ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts dif<span class=\"_ _5\"/>f\u00e9r<span class=\"_ _5\"/>\u00e9s pr\u00e9se<span class=\"_ _5\"/>nt\u00e9s au bila<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ions d\u2019i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s ne<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s sont c<span class=\"_ _5\"/>alcul\u00e9<span class=\"_ _5\"/>es sur ba<span class=\"_ _5\"/>se de la p<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ion f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>le de chaq<span class=\"_ _5\"/>ue enti<span class=\"_ _5\"/>t\u00e9. Les m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>ts n<span class=\"_ _5\"/>ets s<span class=\"_ _5\"/>ont pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9s dan<span class=\"_ _5\"/>s le</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bila<span class=\"_ _5\"/>n par ent<span class=\"_ _5\"/>it\u00e9 l\u00e9gal<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 252px; height: 65px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 des a<span class=\"_ _5\"/>ctif<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>s d'imp<span class=\"_ _5\"/>\u00f4ts d<span class=\"_ _5\"/>iff\u00e9r\u00e9<span class=\"_ _5\"/>s de 18,<span class=\"_ _5\"/>4 mEUR. C<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>s d'imp\u00f4<span class=\"_ _5\"/>ts diff<span class=\"_ _5\"/>\u00e9r\u00e9s s<span class=\"_ _5\"/>e comp<span class=\"_ _5\"/>osent</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>e suit :</div>\n<div class=\"t m0 x7 hc y9fc ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1fd\"> </span><span class=\"ff7 lsf ws11\">2021</span></div>\n<div class=\"t m0 x90 hc y9fd ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT S<span class=\"_ _5\"/>UR LE</div>\n<div class=\"t m0 x171 hc y9fe ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00c9<span class=\"_ _5\"/>SULTAT DE</div>\n<div class=\"t m0 x14b hc y9ff ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">L<span class=\"_ _1\"/>'ANN\u00c9E</div>\n<div class=\"t m0 x130 hc ya00 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT S<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x130 hc ya01 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S AUTR<span class=\"_ _5\"/>ES</div>\n<div class=\"t m0 x143 hc ya02 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">\u00c9L\u00c9MENTS</div>\n<div class=\"t m0 x172 hc ya03 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DU R<span class=\"_ _5\"/>\u00c9SU<span class=\"_ _5\"/>L<span class=\"_ _d\"/>TAT</div>\n<div class=\"t m0 x46 hc ya04 ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">GLOB<span class=\"_ _5\"/>AL</div>\n<div class=\"t m0 x173 hc ya05 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT D<span class=\"_ _5\"/>U RE-</div>\n<div class=\"t m0 x7c hc ya06 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">GROUPEMENT</div>\n<div class=\"t m0 x18 hc ya07 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'ENTREPRI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x96 hc ya08 ff5 fs7 fc2 sc0 ls6b ws7f\" style=\"z-index: 15;\">SES</div>\n<div class=\"t m0 x55 hc ya07 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>TS DE</div>\n<div class=\"t m0 xfe hc ya08 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVERSION<span class=\"_ _79\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _109\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></span></div>\n<div class=\"t m0 x7 hc ya09 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>P\u00d4T<span class=\"_ _5\"/>S DIF<span class=\"_ _5\"/>F\u00c9R<span class=\"_ _5\"/>\u00c9S DE<span class=\"_ _5\"/>S ACT<span class=\"_ _5\"/>IFS</div>\n<div class=\"t m0 x7 hd ya0a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>e au per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel<span class=\"_ _1fe\"> </span><span class=\"ls17 ws19\">19,<span class=\"_ _5\"/>2<span class=\"_ _109\"> </span></span>(0,0)<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _90\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _1cf\"> </span>0,7</span></span></div>\n<div class=\"t m0 x7 hd ya0b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions<span class=\"_ _12\"> </span><span class=\"ls14 ws16\">1,4<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,2<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _109\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>2)<span class=\"_ _11e\"> </span></span>0,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ya0c ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Pertes fisca<span class=\"_ _d\"/>les re<span class=\"_ _d\"/>port\u00e9es<span class=\"_ _4d\"> </span><span class=\"ls25 ws27\">56,0<span class=\"_ _109\"> </span><span class=\"ls2b ws2d\">(9,8)<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _eb\"> </span>0,0<span class=\"_ _eb\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>2<span class=\"_ _eb\"> </span></span>0,0<span class=\"_ _135\"> </span><span class=\"ls17 ws19\">49,<span class=\"_ _5\"/>4</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya0d ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _1ff\"> </span><span class=\"ls7 ws8\">32,8<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>3<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _eb\"> </span>0,0<span class=\"_ _11e\"> </span>0,9<span class=\"_ _90\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>)<span class=\"_ _135\"> </span><span class=\"ls1a ws1c\">24,2</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya0e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES IMP\u00d4TS DIFF\u00c9R\u00c9S DES</div>\n<div class=\"t m0 x7 hf ya0f ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ACTIF<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x174 h1b ya10 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">109,<span class=\"_ _5\"/>3<span class=\"_ _dd\"> </span><span class=\"lsdb wsfb\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _10a\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _10a\"> </span><span class=\"ls1d ws1f\">4,1<span class=\"_ _1c6\"> </span><span class=\"ls86 ws50\">(3<span class=\"_ _5\"/>3,6)<span class=\"_ _109\"> </span><span class=\"ls2f ws31\">74,<span class=\"_ _5\"/>6</span></span></span></span></span></div>\n<div class=\"t m0 x7 hc ya11 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>P\u00d4T<span class=\"_ _5\"/>S DIF<span class=\"_ _5\"/>F\u00c9R<span class=\"_ _5\"/>\u00c9S DE<span class=\"_ _5\"/>S PAS<span class=\"_ _5\"/>SIF<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hd ya12 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> corporelles<span class=\"_ _129\"> </span><span class=\"ls28 ws2a\">48<span class=\"_ _5\"/>,6<span class=\"_ _94\"> </span><span class=\"ls2b ws2d\">(5<span class=\"_ _5\"/>,2)<span class=\"_ _ac\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _eb\"> </span></span></span></span>2,3<span class=\"_ _1ca\"> </span><span class=\"ls1b ws1d\">(11<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _135\"> </span><span class=\"ls14 ws16\">34,4</span></span></div>\n<div class=\"t m0 x7 hd ya13 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> incorporelles<span class=\"_ _30\"> </span><span class=\"ls25 ws27\">28,0<span class=\"_ _109\"> </span><span class=\"ls90 wsa4\">(2,1)<span class=\"_ _ac\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span><span class=\"ls14 ws16\">1,1<span class=\"_ _1ca\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>,3<span class=\"_ _5\"/>)<span class=\"_ _135\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>8</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya14 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _a8\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _eb\"> </span><span class=\"ls26 ws28\">3,5<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _109\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _11e\"> </span><span class=\"ls14 ws16\">1,6<span class=\"_ _11e\"> </span></span></span></span>5,1</div>\n<div class=\"t m0 x7 hf ya15 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES IMP\u00d4TS DIFF\u00c9R\u00c9S DES</div>\n<div class=\"t m0 x7 hf ya16 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">P<span class=\"_ _d\"/>ASSIFS</div>\n<div class=\"t m0 x4d h1b ya17 ff7 fs8 fc3 sc0 ls17 ws19\" style=\"z-index: 15;\">76,<span class=\"_ _5\"/>6<span class=\"_ _ef\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>,8)<span class=\"_ _200\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _10a\"> </span><span class=\"ls25 ws27\">3,5<span class=\"_ _1c6\"> </span><span class=\"ls2b ws2d\">(2<span class=\"_ _5\"/>0,0)<span class=\"_ _94\"> </span><span class=\"ls1d ws1f\">56,<span class=\"_ _5\"/>2</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya18 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">IMP\u00d4T<span class=\"_ _d\"/>S DIFF\u00c9R\u00c9S NETS D'<span class=\"_ _1\"/>ACTIF<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x4d h1b ya19 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">32,8<span class=\"_ _dd\"> </span><span class=\"ls45 ws4a\">(1,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _200\"> </span><span class=\"lsd4 wsf5\">0,7<span class=\"_ _201\"> </span></span></span>(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>5)<span class=\"_ _91\"> </span><span class=\"ls2d ws2f\">18,4</span></span></div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La di<span class=\"_ _5\"/>minuti<span class=\"_ _5\"/>on de l'act<span class=\"_ _5\"/>if d'imp\u00f4<span class=\"_ _5\"/>t diff\u00e9r<span class=\"_ _5\"/>\u00e9 s'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>plique p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par le t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>fer<span class=\"_ _5\"/>t de<span class=\"_ _5\"/>s sold<span class=\"_ _5\"/>es ver<span class=\"_ _5\"/>s les pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s d'imp\u00f4t d<span class=\"_ _5\"/>iff\u00e9r\u00e9<span class=\"_ _5\"/>, prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment en</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>son de l'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x d'actu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment a<span class=\"_ _5\"/>ux ann\u00e9<span class=\"_ _5\"/>es pr<span class=\"_ _5\"/>\u00e9c\u00e9d<span class=\"_ _5\"/>entes<span class=\"_ _5\"/>, les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d'imp\u00f4<span class=\"_ _5\"/>ts diff<span class=\"_ _5\"/>\u00e9r\u00e9<span class=\"_ _5\"/>s li\u00e9s au<span class=\"_ _5\"/>x per<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cale<span class=\"_ _5\"/>s repo<span class=\"_ _5\"/>rt\u00e9<span class=\"_ _5\"/>es s<span class=\"_ _5\"/>ont pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement e<span class=\"_ _5\"/>xpli<span class=\"_ _5\"/>qu\u00e9s pa<span class=\"_ _5\"/>r la</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on d\u2019un ac<span class=\"_ _5\"/>tif d'imp<span class=\"_ _5\"/>\u00f4ts di<span class=\"_ _5\"/>ff\u00e9r\u00e9<span class=\"_ _5\"/>s pour Ra<span class=\"_ _5\"/>dial US (4<span class=\"_ _5\"/>4,1 mEUR). Ce<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s fis<span class=\"_ _5\"/>cale<span class=\"_ _5\"/>s nord \u2013 am<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>caine<span class=\"_ _5\"/>s rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9es p<span class=\"_ _5\"/>our les<span class=\"_ _5\"/>quel<span class=\"_ _5\"/>les</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un ac<span class=\"_ _5\"/>tif d'im<span class=\"_ _5\"/>p\u00f4t diff\u00e9<span class=\"_ _5\"/>r\u00e9 a \u00e9t\u00e9 com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9, e<span class=\"_ _5\"/>xpir<span class=\"_ _5\"/>eront e<span class=\"_ _5\"/>ntre 202<span class=\"_ _5\"/>3 et 20<span class=\"_ _5\"/>37 (23<span class=\"_ _5\"/>,3 mEU<span class=\"_ _5\"/>R). Les pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>isca<span class=\"_ _5\"/>les enco<span class=\"_ _5\"/>urue<span class=\"_ _5\"/>s \u00e0 par<span class=\"_ _5\"/>tir d<span class=\"_ _5\"/>e 2018, quant \u00e0</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">elle<span class=\"_ _5\"/>s,  pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>es ind\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>iment (20,7 mEUR).</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9 des pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s d'imp\u00f4<span class=\"_ _5\"/>ts diff<span class=\"_ _5\"/>\u00e9r\u00e9<span class=\"_ _5\"/>s pour un m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t de 11,0 mEUR<span class=\"_ _5\"/>. Les p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs d'imp<span class=\"_ _5\"/>\u00f4ts di<span class=\"_ _5\"/>ff\u00e9r\u00e9<span class=\"_ _5\"/>s r\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sulte<span class=\"_ _5\"/>nt prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t de la r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion de va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s immob<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ions in<span class=\"_ _5\"/>corp<span class=\"_ _5\"/>orelle<span class=\"_ _5\"/>s li\u00e9s \u00e0 l'allo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on du pr<span class=\"_ _5\"/>ix d\u2019acquisi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n (<span class=\"_ _d\"/>aut<span class=\"_ _5\"/>res qu<span class=\"_ _5\"/>e Radial) pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r les diff<span class=\"_ _5\"/>\u00e9rence<span class=\"_ _5\"/>s temp<span class=\"_ _5\"/>orair<span class=\"_ _5\"/>es li\u00e9<span class=\"_ _5\"/>es aux a<span class=\"_ _5\"/>vanta<span class=\"_ _5\"/>ges du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel<span class=\"_ _5\"/>. Le pas<span class=\"_ _5\"/>sif d'imp<span class=\"_ _5\"/>\u00f4t diff\u00e9<span class=\"_ _5\"/>r\u00e9</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par t<span class=\"_ _5\"/>yp<span class=\"_ _5\"/>e de diff\u00e9<span class=\"_ _5\"/>rence te<span class=\"_ _5\"/>mpor<span class=\"_ _5\"/>aire et l<span class=\"_ _5\"/>es chan<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>e d\u00e9comp<span class=\"_ _5\"/>ose<span class=\"_ _5\"/>nt comme s<span class=\"_ _5\"/>uit :</div>\n<div class=\"t m0 x7 hc ya1a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1fd\"> </span><span class=\"ff7 lsf ws11\">2021</span></div>\n<div class=\"t m0 x6e hc ya1b ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT S<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x118 hc ya1c ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE R<span class=\"_ _5\"/>\u00c9SU<span class=\"_ _5\"/>L<span class=\"_ _1\"/>TA D<span class=\"_ _5\"/>E</div>\n<div class=\"t m0 x14b hc ya1d ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">L<span class=\"_ _1\"/>'ANN\u00c9E</div>\n<div class=\"t m0 x130 hc ya1e ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT S<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x130 hc ya1f ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S AUTR<span class=\"_ _5\"/>ES</div>\n<div class=\"t m0 x143 hc ya20 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">\u00c9L\u00c9MENTS</div>\n<div class=\"t m0 x172 hc ya21 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DU R<span class=\"_ _5\"/>\u00c9SU<span class=\"_ _5\"/>L<span class=\"_ _d\"/>TAT</div>\n<div class=\"t m0 x46 hc ya22 ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">GLOB<span class=\"_ _5\"/>AL</div>\n<div class=\"t m0 x173 hc ya23 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT D<span class=\"_ _5\"/>U RE-</div>\n<div class=\"t m0 x7c hc ya24 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">GROUPEMENT</div>\n<div class=\"t m0 x18 hc ya25 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'ENTREPRI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x96 hc ya26 ff5 fs7 fc2 sc0 ls6b ws7f\" style=\"z-index: 15;\">SES</div>\n<div class=\"t m0 x175 hc ya27 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>PACT D<span class=\"_ _5\"/>U RE-</div>\n<div class=\"t m0 x60 hc ya28 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">GROUPEMENT</div>\n<div class=\"t m0 x98 hc ya29 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'ENTREPRI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 xa8 hc ya2a ff5 fs7 fc2 sc0 ls6b ws7f\" style=\"z-index: 15;\">SES</div>\n<div class=\"t m0 xa3 hc ya29 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>TS DE</div>\n<div class=\"t m0 xc7 hc ya2a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVERSION<span class=\"_ _109\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></div>\n<div class=\"t m0 x7 hc ya2b ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>P\u00d4T<span class=\"_ _5\"/>S DIF<span class=\"_ _5\"/>F\u00c9R<span class=\"_ _5\"/>\u00c9S DE<span class=\"_ _5\"/>S ACT<span class=\"_ _5\"/>IFS</div>\n<div class=\"t m0 x7 hd ya2c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ava<span class=\"_ _5\"/>ntag<span class=\"_ _5\"/>e au per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>nel<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _90\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,4)<span class=\"_ _109\"> </span>(1<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>)<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _203\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>5<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">4,1</span></span></span></div>\n<div class=\"t m0 x7 hd ya2d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions<span class=\"_ _12\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _91\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>2<span class=\"_ _eb\"> </span>1,2</span></span></div>\n<div class=\"t m0 x7 hd ya2e ff4 fs8 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">Pertes fisca<span class=\"_ _d\"/>les re<span class=\"_ _d\"/>port\u00e9es<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\">0,2<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>2<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span><span class=\"ls14 ws16\">1,4</span></span></div>\n<div class=\"t m0 x7 hd ya2f ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _a8\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _91\"> </span><span class=\"ls0 ws0\">(0<span class=\"_ _5\"/>,9)<span class=\"_ _11e\"> </span></span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _203\"> </span><span class=\"ls26 ws28\">13,<span class=\"_ _5\"/>8<span class=\"_ _109\"> </span><span class=\"ls42 ws4c\">12,9</span></span></span></div>\n<div class=\"t m0 x7 hf ya30 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES IMP\u00d4TS DIFF\u00c9R\u00c9S DES</div>\n<div class=\"t m0 x7 hf ya31 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ACTIF<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 xbb h1b ya32 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,2<span class=\"_ _1c6\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2)<span class=\"_ _dd\"> </span>(1<span class=\"_ _5\"/>,0)<span class=\"_ _200\"> </span></span>0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _94\"> </span><span class=\"ls25 ws27\">33,6<span class=\"_ _91\"> </span><span class=\"ls26 ws28\">19,6</span></span></div>\n<div class=\"t m0 x7 hc ya33 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>P\u00d4T<span class=\"_ _5\"/>S DIF<span class=\"_ _5\"/>F\u00c9R<span class=\"_ _5\"/>\u00c9S DE<span class=\"_ _5\"/>S PAS<span class=\"_ _5\"/>SIF<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hd ya34 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> corporelles<span class=\"_ _d5\"> </span>2,<span class=\"_ _5\"/>3<span class=\"_ _109\"> </span><span class=\"ls22 ws24\">(0,4)<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _135\"> </span><span class=\"ls43 ws4d\">11,3<span class=\"_ _203\"> </span><span class=\"ls26 ws28\">13,<span class=\"_ _5\"/>2</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya35 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> incorporelles<span class=\"_ _1a\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>5<span class=\"_ _91\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>8)<span class=\"_ _11e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _eb\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>5<span class=\"_ _eb\"> </span></span>0,0<span class=\"_ _135\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3<span class=\"_ _135\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>4</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya36 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres<span class=\"_ _204\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>1)<span class=\"_ _eb\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>2<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,6<span class=\"_ _11e\"> </span>0,0<span class=\"_ _11e\"> </span>0,0<span class=\"_ _109\"> </span></span></span>(1<span class=\"_ _5\"/>,6)<span class=\"_ _ac\"> </span><span class=\"ls14 ws16\">1,1</span></span></div>\n<div class=\"t m0 x7 hf ya37 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES IMP\u00d4TS DIFF\u00c9R\u00c9S DES</div>\n<div class=\"t m0 x7 hf ya38 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">P<span class=\"_ _d\"/>ASSIFS</div>\n<div class=\"t m0 xbb h1b ya39 ff7 fs8 fc3 sc0 ls26 ws28\" style=\"z-index: 15;\">6,6<span class=\"_ _10a\"> </span><span class=\"ls4c ws5a\">1,9<span class=\"_ _10a\"> </span><span class=\"ls14 ws16\">0,6<span class=\"_ _10a\"> </span></span>1,5<span class=\"_ _10a\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _91\"> </span>20,0<span class=\"_ _109\"> </span><span class=\"lsd4 wsf5\">30,7</span></span></span></div>\n<div class=\"t m0 x7 hf ya3a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">IMP\u00d4T<span class=\"_ _d\"/>S DIFF\u00c9R\u00c9S NETS D'<span class=\"_ _1\"/>ACTIF<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x16f h1b ya3b ff7 fs8 fc3 sc0 ls22 ws24\" style=\"z-index: 15;\">(6,<span class=\"_ _5\"/>4)<span class=\"_ _1c6\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)<span class=\"_ _dd\"> </span>(1<span class=\"_ _5\"/>,7)<span class=\"_ _dd\"> </span>(1<span class=\"_ _5\"/>,5<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _94\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>5<span class=\"_ _1c6\"> </span></span></span>(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>0)</span></div>\n<div class=\"t m0 x5 h8 yb8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt li\u00e9e a<span class=\"_ _5\"/>u tran<span class=\"_ _5\"/>sfer<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>e cer<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>es ent<span class=\"_ _5\"/>it\u00e9s d'une p<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ion net<span class=\"_ _5\"/>te d'ac<span class=\"_ _5\"/>tifs d'i<span class=\"_ _5\"/>mp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 57px; height: 1025px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Imp\u00f4ts diff\u00e9r\u00e9s non compt<span class=\"_ _d\"/>abilis\u00e9s</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs d'imp<span class=\"_ _5\"/>\u00f4ts d<span class=\"_ _5\"/>iff\u00e9r\u00e9<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cales r<span class=\"_ _5\"/>epor<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>es ne s<span class=\"_ _5\"/>ont comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9s q<span class=\"_ _5\"/>ue dans la m<span class=\"_ _5\"/>esure o<span class=\"_ _5\"/>\u00f9 ces pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes comp<span class=\"_ _5\"/>ense<span class=\"_ _5\"/>nt un b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ice</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">imp<span class=\"_ _5\"/>osabl<span class=\"_ _5\"/>e dans le fu<span class=\"_ _5\"/>tur<span class=\"_ _d\"/>. bp<span class=\"_ _5\"/>ost \u00e9<span class=\"_ _5\"/>value un<span class=\"_ _5\"/>e p\u00e9r<span class=\"_ _5\"/>iode d<span class=\"_ _5\"/>e recou<span class=\"_ _5\"/>vrem<span class=\"_ _5\"/>ent de 5 an<span class=\"_ _5\"/>s, confo<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>ment \u00e0 l'ho<span class=\"_ _5\"/>rizon d<span class=\"_ _5\"/>es pla<span class=\"_ _5\"/>ns \u00e0 long te<span class=\"_ _5\"/>rme et b<span class=\"_ _5\"/>udget<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">util<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s test<span class=\"_ _5\"/>s de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>. S<span class=\"_ _5\"/>uite \u00e0 cet<span class=\"_ _5\"/>te \u00e9va<span class=\"_ _5\"/>luation<span class=\"_ _5\"/>, aucun a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>f d'imp\u00f4t<span class=\"_ _5\"/>s diff\u00e9<span class=\"_ _5\"/>r\u00e9s n'a \u00e9t\u00e9 comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 \u00e0 con<span class=\"_ _5\"/>curre<span class=\"_ _5\"/>nce de</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">115<span class=\"_ _5\"/>,<span class=\"_ _d\"/>7 mEUR d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>is<span class=\"_ _5\"/>cale<span class=\"_ _5\"/>s repo<span class=\"_ _5\"/>rt\u00e9<span class=\"_ _5\"/>es<span class=\"_ _5\"/>. La majo<span class=\"_ _5\"/>rit\u00e9 d<span class=\"_ _5\"/>e ces per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>scale<span class=\"_ _5\"/>s non co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es con<span class=\"_ _5\"/>cerne<span class=\"_ _5\"/>nt des e<span class=\"_ _5\"/>ntit\u00e9<span class=\"_ _5\"/>s situ\u00e9<span class=\"_ _5\"/>es en A<span class=\"_ _5\"/>llemag<span class=\"_ _5\"/>ne</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(57<span class=\"_ _1\"/>,<span class=\"_ _5\"/>0 mEUR), au Luxe<span class=\"_ _5\"/>mbour<span class=\"_ _5\"/>g (21,0 mEUR<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, en B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>que (1<span class=\"_ _1\"/>7<span class=\"_ _d\"/>,<span class=\"_ _5\"/>8 mEUR) et \u00e0 Sin<span class=\"_ _5\"/>gapo<span class=\"_ _5\"/>ur (<span class=\"_ _d\"/>1,<span class=\"_ _5\"/>3 mEUR). En B<span class=\"_ _5\"/>elgiq<span class=\"_ _5\"/>ue, en Al<span class=\"_ _5\"/>lemagn<span class=\"_ _5\"/>e et \u00e0 Sing<span class=\"_ _5\"/>apour, les</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>scal<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>s ind\u00e9f<span class=\"_ _5\"/>inim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>. Au Luxe<span class=\"_ _5\"/>mbour<span class=\"_ _5\"/>g, le<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>tes s<span class=\"_ _5\"/>ubies a<span class=\"_ _5\"/>vant le 1er jan<span class=\"_ _5\"/>vier 201<span class=\"_ _d\"/>7 pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre re<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t\u00e9<span class=\"_ _5\"/>es san<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">limit<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de temps<span class=\"_ _5\"/>, tan<span class=\"_ _5\"/>dis que l'ut<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s subie<span class=\"_ _5\"/>s apr\u00e8s e<span class=\"_ _5\"/>st li<span class=\"_ _5\"/>mit\u00e9e \u00e0 17 ans.</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le cr\u00e9<span class=\"_ _5\"/>dit d'imp<span class=\"_ _5\"/>\u00f4t non com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9 au<span class=\"_ _5\"/>x \u00c9tat<span class=\"_ _5\"/>s \u2013 Unis s'\u00e9l\u00e8ve \u00e0 17<span class=\"_ _1\"/>,9 m<span class=\"_ _5\"/>EUR.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 912px; height: 170px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag161": {
   "value": "\n<div class=\"t m0 x5 h1a y8b ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.15 <span class=\"_ _4\"> </span>R\u00e9sul<span class=\"_ _d\"/>tat par action</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment \u00e0 I<span class=\"_ _5\"/>AS 3<span class=\"_ _5\"/>3, le r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>t de bas<span class=\"_ _5\"/>e par ac<span class=\"_ _5\"/>tion e<span class=\"_ _5\"/>st c<span class=\"_ _5\"/>alcul\u00e9 en d<span class=\"_ _5\"/>ivis<span class=\"_ _5\"/>ant le b\u00e9<span class=\"_ _5\"/>n\u00e9f<span class=\"_ _5\"/>ice/(per<span class=\"_ _5\"/>te) de l\u2019ann\u00e9<span class=\"_ _5\"/>e att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>able au<span class=\"_ _5\"/>x act<span class=\"_ _5\"/>ionnai<span class=\"_ _5\"/>res ord<span class=\"_ _5\"/>i-</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">naire<span class=\"_ _5\"/>s de la s<span class=\"_ _5\"/>oci\u00e9t<span class=\"_ _5\"/>\u00e9 \u2013 m\u00e8re pa<span class=\"_ _5\"/>r le nomb<span class=\"_ _5\"/>re moyen p<span class=\"_ _5\"/>ond\u00e9<span class=\"_ _5\"/>r\u00e9 d\u2019act<span class=\"_ _5\"/>ions or<span class=\"_ _5\"/>dinaire<span class=\"_ _5\"/>s en circ<span class=\"_ _5\"/>ulatio<span class=\"_ _5\"/>n duran<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>ann\u00e9<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le r\u00e9<span class=\"_ _5\"/>sultat p<span class=\"_ _5\"/>ar ac<span class=\"_ _5\"/>tion dil<span class=\"_ _5\"/>u\u00e9 es<span class=\"_ _5\"/>t calcu<span class=\"_ _5\"/>l\u00e9 en div<span class=\"_ _5\"/>isant le b<span class=\"_ _5\"/>\u00e9n\u00e9<span class=\"_ _5\"/>fice/(pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te) attr<span class=\"_ _5\"/>ibua<span class=\"_ _5\"/>ble aux a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>onnaire<span class=\"_ _5\"/>s ordin<span class=\"_ _5\"/>aires d<span class=\"_ _5\"/>e la soc<span class=\"_ _5\"/>i\u00e9t\u00e9 \u2013 m\u00e8<span class=\"_ _5\"/>re (<span class=\"_ _d\"/>ap<span class=\"_ _5\"/>r\u00e8s</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ajus<span class=\"_ _5\"/>teme<span class=\"_ _5\"/>nt des e<span class=\"_ _5\"/>ffet<span class=\"_ _5\"/>s au tit<span class=\"_ _5\"/>re de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ions or<span class=\"_ _5\"/>dinaire<span class=\"_ _5\"/>s poten<span class=\"_ _5\"/>tielle<span class=\"_ _5\"/>s dilut<span class=\"_ _5\"/>ives) par le n<span class=\"_ _5\"/>ombre m<span class=\"_ _5\"/>oyen po<span class=\"_ _5\"/>nd\u00e9r<span class=\"_ _5\"/>\u00e9 d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns ordin<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>n circulat<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur<span class=\"_ _5\"/>ant l\u2019ann\u00e9e<span class=\"_ _5\"/>, major\u00e9 du n<span class=\"_ _5\"/>ombr<span class=\"_ _5\"/>e moyen p<span class=\"_ _5\"/>ond\u00e9<span class=\"_ _5\"/>r\u00e9 d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns ordi<span class=\"_ _5\"/>naires q<span class=\"_ _5\"/>ui ser<span class=\"_ _5\"/>aient \u00e9<span class=\"_ _5\"/>mise<span class=\"_ _5\"/>s lors d<span class=\"_ _5\"/>e la conver<span class=\"_ _5\"/>sion e<span class=\"_ _5\"/>n act<span class=\"_ _5\"/>ions or<span class=\"_ _5\"/>dinaire<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">toute<span class=\"_ _5\"/>s les ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns ordi<span class=\"_ _5\"/>naires p<span class=\"_ _5\"/>otent<span class=\"_ _5\"/>iellem<span class=\"_ _5\"/>ent dilu<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans le c<span class=\"_ _5\"/>as de b<span class=\"_ _5\"/>post<span class=\"_ _5\"/>, aucu<span class=\"_ _5\"/>n effet d<span class=\"_ _5\"/>e diluti<span class=\"_ _5\"/>on n\u2019<span class=\"_ _d\"/>affe<span class=\"_ _5\"/>cte le b<span class=\"_ _5\"/>\u00e9n\u00e9<span class=\"_ _5\"/>fice/(pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te) attr<span class=\"_ _5\"/>ibua<span class=\"_ _5\"/>ble aux a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>onnaire<span class=\"_ _5\"/>s ordin<span class=\"_ _5\"/>aires d<span class=\"_ _5\"/>e la soc<span class=\"_ _5\"/>i\u00e9t\u00e9 \u2013 m\u00e8<span class=\"_ _5\"/>re ni le</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nom<span class=\"_ _5\"/>bre moye<span class=\"_ _5\"/>n pond<span class=\"_ _5\"/>\u00e9r\u00e9 d\u2019ac<span class=\"_ _5\"/>tions o<span class=\"_ _5\"/>rdinair<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau ci \u2013 d<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>ous re<span class=\"_ _5\"/>fl\u00e8<span class=\"_ _5\"/>te le r\u00e9s<span class=\"_ _5\"/>ultat et l<span class=\"_ _5\"/>es donn<span class=\"_ _5\"/>\u00e9es p<span class=\"_ _5\"/>ar ac<span class=\"_ _5\"/>tion ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s dans le c<span class=\"_ _5\"/>alcul du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at par ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de bas<span class=\"_ _5\"/>e et dilu\u00e9 :</div>\n<div class=\"t m0 x7 hb y8b2 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ya3c ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 h1b ya3d ff7 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9s<span class=\"_ _5\"/>ult<span class=\"_ _5\"/>at net a<span class=\"_ _5\"/>tt<span class=\"_ _5\"/>rib<span class=\"_ _5\"/>uabl<span class=\"_ _5\"/>e aux a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>onn<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s ordi<span class=\"_ _5\"/>nai<span class=\"_ _5\"/>res de l<span class=\"_ _5\"/>a soc<span class=\"_ _5\"/>i\u00e9t\u00e9 \u2013 m<span class=\"_ _5\"/>\u00e8re</div>\n<div class=\"t m0 x7 h1b ya3e ff7 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">po<span class=\"_ _5\"/>ur le re<span class=\"_ _5\"/>venu pa<span class=\"_ _5\"/>r ac<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e bas<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x176 hd ya3d ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">232,<span class=\"_ _5\"/>5<span class=\"_ _134\"> </span><span class=\"ls18 ws1a\">2<span class=\"_ _5\"/>50,9</span></div>\n<div class=\"t m0 x7 hd ya3f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aj<span class=\"_ _5\"/>uste<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s po<span class=\"_ _5\"/>ur les e<span class=\"_ _5\"/>ff<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s de dilu<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x7 h1b ya40 ff7 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9s<span class=\"_ _5\"/>ult<span class=\"_ _5\"/>at net a<span class=\"_ _5\"/>tt<span class=\"_ _5\"/>rib<span class=\"_ _5\"/>uabl<span class=\"_ _5\"/>e aux a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>onn<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s ordi<span class=\"_ _5\"/>nai<span class=\"_ _5\"/>res de l<span class=\"_ _5\"/>a soc<span class=\"_ _5\"/>i\u00e9t\u00e9 \u2013 m<span class=\"_ _5\"/>\u00e8re<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x7 h1b ya41 ff7 fs8 fc2 sc0 ls0 ws25\" style=\"z-index: 15;\">aju<span class=\"_ _5\"/>st\u00e9 d<span class=\"_ _5\"/>es eff<span class=\"_ _5\"/>ets de di<span class=\"_ _5\"/>lut<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x176 hd ya40 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">232,<span class=\"_ _5\"/>5<span class=\"_ _134\"> </span><span class=\"ls18 ws1a\">2<span class=\"_ _5\"/>50,9</span></div>\n<div class=\"t m0 x7 hc ya42 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ON D'AC<span class=\"_ _5\"/>TI<span class=\"_ _5\"/>ONS</div>\n<div class=\"t m0 x7 h1b ya43 ff7 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">No<span class=\"_ _5\"/>mbre m<span class=\"_ _5\"/>oyen po<span class=\"_ _5\"/>nd\u00e9<span class=\"_ _5\"/>r\u00e9 d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ons or<span class=\"_ _5\"/>din<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s ent<span class=\"_ _5\"/>rant e<span class=\"_ _5\"/>n comp<span class=\"_ _5\"/>te po<span class=\"_ _5\"/>ur le</div>\n<div class=\"t m0 x7 h1b ya44 ff7 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">reve<span class=\"_ _5\"/>nu pa<span class=\"_ _5\"/>r act<span class=\"_ _5\"/>ion d<span class=\"_ _5\"/>e base</div>\n<div class=\"t m0 x176 hd ya43 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">200,0<span class=\"_ _130\"> </span>200,0</div>\n<div class=\"t m0 x7 hd ya45 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ef<span class=\"_ _5\"/>fet de d<span class=\"_ _5\"/>iluti<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x7 h1b ya46 ff7 fs8 fc2 sc0 ls0 ws25\" style=\"z-index: 15;\">No<span class=\"_ _5\"/>mbre moy<span class=\"_ _5\"/>en pon<span class=\"_ _5\"/>d\u00e9r\u00e9 d'a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons or<span class=\"_ _5\"/>dina<span class=\"_ _5\"/>ires aj<span class=\"_ _5\"/>us<span class=\"_ _5\"/>t\u00e9 pour le<span class=\"_ _5\"/>s effe<span class=\"_ _5\"/>ts de</div>\n<div class=\"t m0 x7 h1b ya47 ff5 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">dilution</div>\n<div class=\"t m0 x176 hd ya46 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">200,0<span class=\"_ _130\"> </span>200,0</div>\n<div class=\"t m0 x7 hc ya48 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN E<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x7 hd ya49 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De ba<span class=\"_ _5\"/>se, b<span class=\"_ _5\"/>\u00e9n\u00e9<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>e/(per<span class=\"_ _5\"/>te) pa<span class=\"_ _5\"/>r act<span class=\"_ _5\"/>ion at<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibua<span class=\"_ _5\"/>ble au<span class=\"_ _5\"/>x act<span class=\"_ _5\"/>ionn<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s ordin<span class=\"_ _5\"/>aire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd ya4a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la s<span class=\"_ _5\"/>oci<span class=\"_ _5\"/>\u00e9t\u00e9 \u2013 m\u00e8<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x177 hd ya49 ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">1,16<span class=\"_ _1de\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>25</span></div>\n<div class=\"t m0 x7 hd ya4b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dil<span class=\"_ _5\"/>u\u00e9, b\u00e9<span class=\"_ _5\"/>nef<span class=\"_ _5\"/>ice/(p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>te) par ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>on at<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>buabl<span class=\"_ _5\"/>e aux ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>onnai<span class=\"_ _5\"/>res or<span class=\"_ _5\"/>dinai<span class=\"_ _5\"/>res de</div>\n<div class=\"t m0 x7 hd ya4c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la so<span class=\"_ _5\"/>ci\u00e9<span class=\"_ _5\"/>t\u00e9 \u2013 m\u00e8r<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x177 hd ya4b ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">1,16<span class=\"_ _1de\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>25</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 285px; height: 587px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag172": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 lsa1 ws99\" style=\"z-index: 15;\">6.16 <span class=\"_\"> </span>Immobilisations corporelles</div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ya4d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc ya4e ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc ya4f ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc ya50 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x90 hc ya51 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x139 hc ya52 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x171 hc ya53 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EQUIPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc ya54 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x51 hc ya55 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x34 hc ya56 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x1c hc ya57 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x3c hc ya58 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 xd7 hc ya59 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xdd hc ya5a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17 hc ya5b ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x131 hc ya5c ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x12a hc ya5d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">TIONS C<span class=\"_ _d\"/>OR<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd0 hc ya5e ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">PORELLE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 xb4 hc ya5f ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc ya60 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">S<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ONS<span class=\"_ _5\"/> </div>\n<div class=\"t m0 x57 hc ya61 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xb4 hc ya62 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L.</div>\n<div class=\"t m0 x65 hc ya63 ff5 fs7 fc2 sc0 ls54 ws65\" style=\"z-index: 15;\">ROU)</div>\n<div class=\"t m0 xa3 hc ya64 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TIT<span class=\"_ _1\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa9 hc ya65 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">RE D<span class=\"_ _5\"/>E DRO<span class=\"_ _5\"/>IT</div>\n<div class=\"t m0 x9b hc ya66 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'UTILISATI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x178 hc ya67 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON (R<span class=\"_ _5\"/>OU)<span class=\"_ _96\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc ya68 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">CO\u00db<span class=\"_ _5\"/>TS D'ACQ<span class=\"_ _5\"/>UIS<span class=\"_ _5\"/>ITI<span class=\"_ _5\"/>ON</div>\n<div class=\"t m0 x7 hf ya69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 ya6a ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf ya69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x15a h1b ya6b ff7 fs8 fc3 sc0 ls2e ws30\" style=\"z-index: 15;\">606,3<span class=\"_ _97\"> </span><span class=\"lsd4 wsf5\">45<span class=\"_ _5\"/>3,7<span class=\"_ _96\"> </span><span class=\"ls49 ws57\">482,<span class=\"_ _5\"/>2<span class=\"_ _96\"> </span></span></span>228,4<span class=\"_ _8a\"> </span><span class=\"ls25 ws27\">32<span class=\"_ _5\"/>,4<span class=\"_ _8e\"> </span><span class=\"ls7 ws8\">1.803<span class=\"_ _5\"/>,0<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">650,5<span class=\"_ _8e\"> </span></span></span>2<span class=\"_ _5\"/>.453,5</span></div>\n<div class=\"t m0 x7 hd ya6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">3,7<span class=\"_ _1c6\"> </span><span class=\"ls20 ws22\">26,9<span class=\"_ _205\"> </span><span class=\"ls28 ws2a\">53,6<span class=\"_ _205\"> </span><span class=\"ls3b ws43\">45,2<span class=\"_ _205\"> </span></span>18,1<span class=\"_ _79\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>4<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6<span class=\"_ _4c\"> </span><span class=\"ls22 ws24\">164,<span class=\"_ _5\"/>4<span class=\"_ _93\"> </span><span class=\"ls2b ws2d\">311,<span class=\"_ _5\"/>9</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya6d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions via regroupements</div>\n<div class=\"t m0 x7 hd ya6e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>entreprises</div>\n<div class=\"t m0 x16f hd ya6d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0</div>\n<div class=\"t m0 x7 hd ya6f ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Ajustements<span class=\"_ _1ee\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _205\"> </span><span class=\"ls25 ws27\">68,0<span class=\"_ _205\"> </span>68,0</span></span></div>\n<div class=\"t m0 x7 hd ya70 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _207\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _97\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _95\"> </span><span class=\"ls0 ws0\">(31,<span class=\"_ _5\"/>5)<span class=\"_ _44\"> </span></span></span>(8<span class=\"_ _5\"/>,1)<span class=\"_ _206\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _95\"> </span><span class=\"ls2b ws2d\">(52<span class=\"_ _5\"/>,6)<span class=\"_ _95\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>0,4)<span class=\"_ _95\"> </span></span>(8<span class=\"_ _5\"/>3,0)</span></span></span></div>\n<div class=\"t m0 x7 hd ya71 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _108\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _b0\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>0)<span class=\"_ _44\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,4)<span class=\"_ _44\"> </span></span></span></span>(0,<span class=\"_ _5\"/>5)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _b0\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>8)<span class=\"_ _44\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _13f\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>,1)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya72 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ya73 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ya74 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4c hd ya75 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">(22,7)<span class=\"_ _97\"> </span><span class=\"ls18 ws1a\">(20,7)<span class=\"_ _44\"> </span></span>(2,7)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _44\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _97\"> </span>(4<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2)<span class=\"_ _95\"> </span><span class=\"ls0 ws0\">(3<span class=\"_ _5\"/>9,2)<span class=\"_ _95\"> </span><span class=\"ls22 ws24\">(8<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>4)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya76 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _138\"> </span>0,4<span class=\"_ _205\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>,1<span class=\"_ _138\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _138\"> </span><span class=\"ls14 ws16\">1,1<span class=\"_ _1c6\"> </span><span class=\"ls1b ws1d\">19<span class=\"_ _5\"/>,7<span class=\"_ _1c6\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3<span class=\"_ _201\"> </span>3<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya77 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _c7\"> </span><span class=\"ls2b ws2d\">(8,<span class=\"_ _5\"/>2)<span class=\"_ _b0\"> </span><span class=\"ls0 ws0\">(0,6)<span class=\"_ _206\"> </span><span class=\"ls17 ws19\">9,1<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">8<span class=\"_ _5\"/>,7<span class=\"_ _97\"> </span>(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2)<span class=\"_ _44\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,3)<span class=\"_ _206\"> </span><span class=\"ls7 ws8\">5,0<span class=\"_ _206\"> </span></span></span>0,7</span></span></span></span></div>\n<div class=\"t m0 x7 hf ya78 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x15a h1b ya79 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">579,<span class=\"_ _5\"/>3<span class=\"_ _96\"> </span><span class=\"ls2c ws2e\">442,<span class=\"_ _5\"/>8<span class=\"_ _96\"> </span><span class=\"ls3b ws43\">526,4<span class=\"_ _97\"> </span><span class=\"ls43 ws4d\">275,8<span class=\"_ _77\"> </span><span class=\"ls49 ws57\">38,<span class=\"_ _5\"/>2<span class=\"_ _e3\"> </span><span class=\"lse6 ws10a\">1.862,4<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">830,<span class=\"_ _5\"/>3<span class=\"_ _71\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>.6<span class=\"_ _5\"/>92<span class=\"_ _5\"/>,7</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 ya7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf ya7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x15a h1b ya7c ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">579,<span class=\"_ _5\"/>3<span class=\"_ _96\"> </span><span class=\"ls2c ws2e\">442,<span class=\"_ _5\"/>8<span class=\"_ _96\"> </span><span class=\"ls3b ws43\">526,4<span class=\"_ _97\"> </span><span class=\"ls43 ws4d\">275,8<span class=\"_ _77\"> </span><span class=\"ls49 ws57\">38,<span class=\"_ _5\"/>2<span class=\"_ _e3\"> </span><span class=\"lse6 ws10a\">1.862,4<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">830,<span class=\"_ _5\"/>3<span class=\"_ _71\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>.6<span class=\"_ _5\"/>92<span class=\"_ _5\"/>,7</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">1,0<span class=\"_ _205\"> </span>3<span class=\"_ _5\"/>4,4<span class=\"_ _1c6\"> </span><span class=\"lsbc ws51\">41,7<span class=\"_ _1c6\"> </span><span class=\"ls1b ws1d\">28<span class=\"_ _5\"/>,7<span class=\"_ _205\"> </span><span class=\"ls18 ws1a\">40,<span class=\"_ _5\"/>3<span class=\"_ _13f\"> </span><span class=\"ls90 wsa4\">14<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>1<span class=\"_ _93\"> </span><span class=\"ls22 ws24\">163<span class=\"_ _5\"/>,4<span class=\"_ _13f\"> </span><span class=\"ls17 ws19\">3<span class=\"_ _5\"/>09,<span class=\"_ _5\"/>5</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya7e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions via regroupements</div>\n<div class=\"t m0 x7 hd ya7f ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>entreprises</div>\n<div class=\"t m0 x48 hd ya7e ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">20,5<span class=\"_ _205\"> </span><span class=\"ls42 ws4c\">12,2<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>,7<span class=\"_ _138\"> </span></span></span>0,0<span class=\"_ _206\"> </span>0,1<span class=\"_ _b0\"> </span><span class=\"ls7 ws8\">3<span class=\"_ _5\"/>5,5<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _205\"> </span><span class=\"ls7 ws8\">35,5</span></div>\n<div class=\"t m0 x7 hd ya80 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Ajustements<span class=\"_ _1ee\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _1c6\"> </span><span class=\"ls12 ws14\">6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _201\"> </span>6<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8</span></span></div>\n<div class=\"t m0 x7 hd ya81 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _208\"> </span><span class=\"ls18 ws1a\">(20,0)<span class=\"_ _97\"> </span><span class=\"ls1d ws1f\">(36,0)<span class=\"_ _95\"> </span><span class=\"ls0 ws0\">(37,5)<span class=\"_ _b0\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>6)<span class=\"_ _138\"> </span></span></span></span>0,0<span class=\"_ _97\"> </span><span class=\"ls2b ws2d\">(9<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2)<span class=\"_ _13f\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>7<span class=\"_ _5\"/>)<span class=\"_ _92\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>55<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya82 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _1cc\"> </span>(0,0<span class=\"_ _5\"/>)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _44\"> </span></span>(0<span class=\"_ _5\"/>,0)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _206\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ya83 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ya84 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ya85 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4c hd ya86 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,4)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>2<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _136\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _97\"> </span></span>(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>2)<span class=\"_ _206\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _95\"> </span></span>(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>2)</div>\n<div class=\"t m0 x7 hd ya87 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _44\"> </span><span class=\"ls0 ws0\">(0,2)<span class=\"_ _205\"> </span><span class=\"ls26 ws28\">13,8<span class=\"_ _138\"> </span><span class=\"ls14 ws16\">1,2<span class=\"_ _138\"> </span>1,<span class=\"_ _5\"/>2<span class=\"_ _205\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>0<span class=\"_ _205\"> </span><span class=\"ls1b ws1d\">1<span class=\"_ _5\"/>5,7<span class=\"_ _1c6\"> </span><span class=\"ls2b ws2d\">31,8</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya88 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _209\"> </span><span class=\"ls20 ws22\">26,<span class=\"_ _5\"/>2<span class=\"_ _138\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _136\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>3<span class=\"_ _44\"> </span><span class=\"ls1b ws1d\">(6<span class=\"_ _5\"/>,7)<span class=\"_ _13f\"> </span><span class=\"ls17 ws19\">(19,6)<span class=\"_ _206\"> </span><span class=\"ls3b ws43\">3,1<span class=\"_ _b0\"> </span></span></span>(0,7<span class=\"_ _5\"/>)<span class=\"_ _138\"> </span><span class=\"ls28 ws2a\">2,4</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya89 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x15a h1b ya8a ff7 fs8 fc3 sc0 ls26 ws28\" style=\"z-index: 15;\">595,6<span class=\"_ _96\"> </span><span class=\"ls1f ws21\">455,3<span class=\"_ _96\"> </span><span class=\"ls9d wsaf\">548,5<span class=\"_ _84\"> </span><span class=\"ls1d ws1f\">294,<span class=\"_ _5\"/>3<span class=\"_ _8a\"> </span><span class=\"ls14 ws16\">6<span class=\"_ _5\"/>0,1<span class=\"_ _8e\"> </span><span class=\"ls25 ws27\">1<span class=\"_ _5\"/>.953,8<span class=\"_ _8e\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.018,<span class=\"_ _5\"/>8<span class=\"_ _8e\"> </span><span class=\"ls0 ws0\">2<span class=\"_ _5\"/>.97<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>6 </span></span></span></span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 450px; height: 602px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 450px; height: 602px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 450px; height: 632px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ya8b ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc ya8c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc ya8d ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc ya8e ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x171 hc ya8f ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc ya90 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x5b hc ya91 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EQUIPEMENTS</div>\n<div class=\"t m0 xcc hc ya92 ff5 fs7 fc2 sc0 lse7 ws3d\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x5f hc ya93 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x36 hc ya94 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x39 hc ya95 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x11f hc ya96 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x179 hc ya97 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17a hc ya98 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S IMM<span class=\"_ _5\"/>O<span class=\"ff7\">-</span></div>\n<div class=\"t m0 x17b hc ya99 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">BILISATIONS</div>\n<div class=\"t m0 x17a hc ya9a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPORELLES</div>\n<div class=\"t m0 x67 hc ya9b ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISATI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc ya9c ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">ONS C<span class=\"_ _d\"/>ORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa8 hc ya9d ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L. R<span class=\"_ _5\"/>OU)</div>\n<div class=\"t m0 xaa hc ya9e ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TITRE<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x10e hc ya9f ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE D<span class=\"_ _5\"/>ROI<span class=\"_ _5\"/>T D'UT<span class=\"_ _5\"/>I-</div>\n<div class=\"t m0 x17c hc yaa0 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">LISATION<span class=\"_ _d\"/> (ROU)<span class=\"_ _73\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hc yaa1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">R\u00c9\u00c9VALUA<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x7 hf yaa2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yaa3 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yaa2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x16f hd yaa4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaa5 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x170 hd yaa4 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">7,<span class=\"_ _5\"/>4<span class=\"_ _20a\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _10c\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _95\"> </span></span>7,<span class=\"_ _5\"/>4</div>\n<div class=\"t m0 x7 hd yaa6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yaa7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yaa8 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x16f hd yaa9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaaa ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaa9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yaab ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x16f hd yaac ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaab ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaac ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yaad ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x16f hd yaae ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaad ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaae ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hf yaaf ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x111 h1b yab0 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _1cc\"> </span>0,0<span class=\"_ _205\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1cc\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _5\"/>4<span class=\"_ _105\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _84\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _2\"/>4</span></div>\n<div class=\"t m0 x7 hf yab1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yab2 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yab1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x111 h1b yab3 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _1cc\"> </span>0,0<span class=\"_ _205\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1cc\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _5\"/>4<span class=\"_ _105\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _84\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _2\"/>4</span></div>\n<div class=\"t m0 x7 hd yab4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us \u00e0</div>\n<div class=\"t m0 x7 hd yab5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la ve<span class=\"_ _5\"/>nte ou co<span class=\"_ _5\"/>mme imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x7 hd yab6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">placement</div>\n<div class=\"t m0 x16f hd yab7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yab8 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yab7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yab9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s acqu<span class=\"_ _5\"/>is suit<span class=\"_ _5\"/>e \u00e0 des ac<span class=\"_ _5\"/>quis<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x7 hd yaba ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">de soci\u00e9t\u00e9s</div>\n<div class=\"t m0 x16f hd yabb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yab9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yabb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yabc ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x16f hd yabd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yabc ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yabd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yabe ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x16f hd yabf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yabe ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yabf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hf yac0 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x111 h1b yac1 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _1cc\"> </span>0,0<span class=\"_ _205\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1cc\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _5\"/>4<span class=\"_ _105\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _84\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _2\"/>4</span></div>\n<div class=\"t m0 x7 hc yac2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc yac3 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc yac4 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc yac5 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x171 hc yac6 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc yac7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x5b hc yac8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EQUIPEMENTS</div>\n<div class=\"t m0 xcc hc yac9 ff5 fs7 fc2 sc0 lse7 ws3d\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x5f hc yaca ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x36 hc yacb ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x39 hc yacc ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x11f hc yacd ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x179 hc yace ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17a hc yacf ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S IMM<span class=\"_ _5\"/>O<span class=\"ff7\">-</span></div>\n<div class=\"t m0 x17b hc yad0 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">BILISATIONS</div>\n<div class=\"t m0 x17a hc yad1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPORELLES</div>\n<div class=\"t m0 x67 hc yad2 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISATI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc yad3 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">ONS C<span class=\"_ _d\"/>ORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa8 hc yad4 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L. R<span class=\"_ _5\"/>OU)</div>\n<div class=\"t m0 xaa hc yad5 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TITRE<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x10e hc yad6 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE D<span class=\"_ _5\"/>ROI<span class=\"_ _5\"/>T D'UT<span class=\"_ _5\"/>I-</div>\n<div class=\"t m0 x17c hc yad7 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">LISATION<span class=\"_ _d\"/> (ROU)<span class=\"_ _73\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hc yad8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TISS<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT<span class=\"_ _5\"/>S ET RE<span class=\"_ _5\"/>DUC<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>NS DE</div>\n<div class=\"t m0 x7 hc yad9 ff5 fs7 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">VALEU<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x7 hf yada ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yadb ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yada ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xcb h1b yadc ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(361<span class=\"_ _5\"/>,4)<span class=\"_ _93\"> </span><span class=\"ls20 ws22\">(311<span class=\"_ _5\"/>,7)<span class=\"_ _e1\"> </span>(316,7)<span class=\"_ _76\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>3)<span class=\"_ _ef\"> </span><span class=\"lsd4 wsf5\">(<span class=\"_ _5\"/>3,7)<span class=\"_ _13f\"> </span><span class=\"ls2e ws30\">(<span class=\"_ _d\"/>1.126,7<span class=\"_ _d\"/>)<span class=\"_ _20b\"> </span><span class=\"ls45 ws4a\">(19<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _78\"> </span><span class=\"ls23 ws25\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>32<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,0)</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yadd ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yade ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x16f hd yadf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yadd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yadf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yae0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions</div>\n<div class=\"t m0 x16f hd yae1 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,1<span class=\"_ _91\"> </span><span class=\"ls42 ws4c\">1<span class=\"_ _5\"/>2,9<span class=\"_ _79\"> </span><span class=\"ls2b ws2d\">31,<span class=\"_ _5\"/>1</span></span></div>\n<div class=\"t m0 xb2 hd yae0 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">7,<span class=\"_ _5\"/>9</div>\n<div class=\"t m0 x17d hd yae1 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _107\"> </span><span class=\"ls1f ws21\">52,0<span class=\"_ _107\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>5<span class=\"_ _6e\"> </span><span class=\"ls1a ws1c\">70<span class=\"_ _5\"/>,5</span></span></span></div>\n<div class=\"t m0 x7 hd yae2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x16f hd yae3 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>,7<span class=\"_ _201\"> </span></span>0,<span class=\"_ _5\"/>3</div>\n<div class=\"t m0 xb2 hd yae2 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,2</div>\n<div class=\"t m0 x17d hd yae3 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _42\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>2<span class=\"_ _42\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _96\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>2</span></span></span></div>\n<div class=\"t m0 x7 hd yae4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de</div>\n<div class=\"t m0 x7 hd yae5 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">valeur</div>\n<div class=\"t m0 x4c hd yae6 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _90\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _5\"/>)<span class=\"_ _20c\"> </span><span class=\"ls90 wsa4\">(43<span class=\"_ _5\"/>,5<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7c hd yae4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">(20,5)</div>\n<div class=\"t m0 x17e hd yae6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>02<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _138\"> </span>(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>2,6<span class=\"_ _5\"/>)<span class=\"_ _18b\"> </span><span class=\"ls17 ws19\">(22<span class=\"_ _5\"/>5,6)</span></span></div>\n<div class=\"t m0 x7 hd yae7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yae8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yae9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4e hd yaea ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">15,4<span class=\"_ _109\"> </span><span class=\"ls43 ws4d\">11,1<span class=\"_ _201\"> </span><span class=\"ls42 ws4c\">2,5</span></span></div>\n<div class=\"t m0 xb2 hd yaeb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaea ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _107\"> </span><span class=\"ls17 ws19\">2<span class=\"_ _5\"/>9,1<span class=\"_ _7e\"> </span><span class=\"ls14 ws16\">21,1<span class=\"_ _6e\"> </span></span></span>50,<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x7 hd yaec ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x48 hd yaed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _94\"> </span>(0,<span class=\"_ _5\"/>2)<span class=\"_ _93\"> </span><span class=\"ls22 ws24\">(6<span class=\"_ _5\"/>,3)</span></div>\n<div class=\"t m0 x18 hd yaec ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x17e hd yaed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _d4\"> </span><span class=\"ls2b ws2d\">(6,<span class=\"_ _5\"/>9)<span class=\"_ _1cf\"> </span>(6<span class=\"_ _5\"/>,6)<span class=\"_ _e1\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>6)</span></span></div>\n<div class=\"t m0 x7 hd yaee ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x16f hd yaef ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">6,6<span class=\"_ _200\"> </span><span class=\"ls1b ws1d\">3<span class=\"_ _5\"/>,7<span class=\"_ _201\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x17f hd yaee ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">(6,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x17d hd yaef ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span><span class=\"ls14 ws16\">4,1<span class=\"_ _1cf\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>5)<span class=\"_ _6e\"> </span><span class=\"ls22 ws24\">(0,4)</span></span></span></div>\n<div class=\"t m0 x7 hf yaf0 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xcb h1b yaf1 ff7 fs8 fc3 sc0 ls49 ws57\" style=\"z-index: 15;\">(350<span class=\"_ _d\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>08<span class=\"_ _5\"/>,8)<span class=\"_ _e1\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>32<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _76\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>6)<span class=\"_ _206\"> </span></span></span>(3<span class=\"_ _5\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>14<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _20b\"> </span><span class=\"ls86 ws50\">(28<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>4)<span class=\"_ _78\"> </span><span class=\"ls26 ws28\">(<span class=\"_ _d\"/>1.436,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hf yaf2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yaf3 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yaf2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xcb h1b yaf4 ff7 fs8 fc3 sc0 ls49 ws57\" style=\"z-index: 15;\">(350<span class=\"_ _d\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>08<span class=\"_ _5\"/>,8)<span class=\"_ _e1\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>32<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _76\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>6)<span class=\"_ _206\"> </span></span></span>(3<span class=\"_ _5\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>14<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _20b\"> </span><span class=\"ls86 ws50\">(28<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>4)<span class=\"_ _78\"> </span><span class=\"ls26 ws28\">(<span class=\"_ _d\"/>1.436,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yaf5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yaf6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x4c hd yaf7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">(20,5)<span class=\"_ _90\"> </span><span class=\"ls1b ws1d\">(11<span class=\"_ _5\"/>,7)<span class=\"_ _93\"> </span><span class=\"ls0 ws0\">(<span class=\"_ _5\"/>2,2)</span></span></div>\n<div class=\"t m0 xb2 hd yaf5 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaf7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _13b\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>4,4)<span class=\"_ _105\"> </span></span>0,0<span class=\"_ _e1\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>4,4)</span></div>\n<div class=\"t m0 x7 hd yaf8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions</div>\n<div class=\"t m0 x4e hd yaf9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">20,0<span class=\"_ _109\"> </span><span class=\"ls1d ws1f\">36,<span class=\"_ _d\"/>0<span class=\"_ _79\"> </span><span class=\"ls28 ws2a\">33,6</span></span></div>\n<div class=\"t m0 xb2 hd yaf8 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">4,1</div>\n<div class=\"t m0 x17d hd yaf9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _7e\"> </span><span class=\"ls1b ws1d\">93<span class=\"_ _5\"/>,7<span class=\"_ _107\"> </span><span class=\"ls3b ws43\">45,<span class=\"_ _5\"/>2<span class=\"_ _e1\"> </span><span class=\"lsba wsda\">138,9</span></span></span></div>\n<div class=\"t m0 x7 hd yafa ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x16f hd yafb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yafa ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yafb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yafc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de</div>\n<div class=\"t m0 x7 hd yafd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">valeur</div>\n<div class=\"t m0 x4c hd yafe ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _64\"> </span><span class=\"ls0 ws0\">(26<span class=\"_ _5\"/>,2)<span class=\"_ _e7\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7c hd yafc ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">(24,<span class=\"_ _5\"/>3)</div>\n<div class=\"t m0 x17d hd yafe ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _138\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,2<span class=\"_ _5\"/>)<span class=\"_ _136\"> </span>(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)<span class=\"_ _18b\"> </span><span class=\"ls22 ws24\">(24<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>4)</span></span></div>\n<div class=\"t m0 x7 hd yaff ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb00 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb01 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x16f hd yb02 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">9,7<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _201\"> </span>0,0</span></div>\n<div class=\"t m0 x17f hd yb03 ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">(0,4)</div>\n<div class=\"t m0 x17d hd yb02 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _42\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>5<span class=\"_ _105\"> </span></span>0,9<span class=\"_ _43\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yb04 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x48 hd yb05 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _4c\"> </span><span class=\"ls1b ws1d\">(5,7<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x17f hd yb04 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,<span class=\"_ _5\"/>2)</div>\n<div class=\"t m0 x17d hd yb05 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1cf\"> </span><span class=\"ls2b ws2d\">(6<span class=\"_ _5\"/>,0)<span class=\"_ _1cf\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,5)<span class=\"_ _ab\"> </span><span class=\"ls1b ws1d\">(10,<span class=\"_ _5\"/>5<span class=\"_ _5\"/>)</span></span></span></div>\n<div class=\"t m0 x7 hd yb06 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x48 hd yb07 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,6<span class=\"_ _5\"/>)<span class=\"_ _4c\"> </span><span class=\"ls0 ws0\">(0,0)</span></span></div>\n<div class=\"t m0 xb2 hd yb06 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">5,8</div>\n<div class=\"t m0 x17d hd yb07 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1cf\"> </span><span class=\"ls0 ws0\">(2,<span class=\"_ _5\"/>8)<span class=\"_ _105\"> </span></span>0,4<span class=\"_ _69\"> </span><span class=\"ls22 ws24\">(2,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x7 hf yb08 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xcb h1b yb09 ff7 fs8 fc3 sc0 lse8 ws10b\" style=\"z-index: 15;\">(36<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>2)<span class=\"_ _13f\"> </span><span class=\"lsd8 wsfa\">(3<span class=\"_ _d\"/>12,1<span class=\"_ _d\"/>)<span class=\"_ _86\"> </span><span class=\"lsdb wsfb\">(<span class=\"_ _5\"/>352<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9)<span class=\"_ _68\"> </span><span class=\"lsd2 wsf2\">(<span class=\"_ _5\"/>1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5<span class=\"_ _5\"/>)<span class=\"_ _206\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls2e ws30\">(1.196,5)<span class=\"_ _64\"> </span><span class=\"ls86 ws50\">(38<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>6)<span class=\"_ _6f\"> </span><span class=\"ls9f wsb1\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>5<span class=\"_ _5\"/>81<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)</span></span></span></span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 45px; height: 1060px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 45px; height: 1060px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 45px; height: 1060px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc yb0a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc yb0b ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc yb0c ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc yb0d ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x90 hc yb0e ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x139 hc yb0f ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x171 hc yb10 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EQUIPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc yb11 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x51 hc yb12 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x34 hc yb13 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x1c hc yb14 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x3c hc yb15 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 xd7 hc yb16 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xdd hc yb17 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17 hc yb18 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x131 hc yb19 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x12a hc yb1a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">TIONS C<span class=\"_ _d\"/>OR<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd0 hc yb1b ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">PORELLE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 xb4 hc yb1c ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc yb1d ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">S<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ONS<span class=\"_ _5\"/> </div>\n<div class=\"t m0 x57 hc yb1e ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xb4 hc yb1f ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L.</div>\n<div class=\"t m0 x65 hc yb20 ff5 fs7 fc2 sc0 ls54 ws65\" style=\"z-index: 15;\">ROU)</div>\n<div class=\"t m0 xa3 hc yb21 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TIT<span class=\"_ _1\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa9 hc yb22 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">RE D<span class=\"_ _5\"/>E DRO<span class=\"_ _5\"/>IT</div>\n<div class=\"t m0 x9b hc yb23 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'UTILISATI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x178 hc yb24 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON (R<span class=\"_ _5\"/>OU)<span class=\"_ _96\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb25 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR N<span class=\"_ _5\"/>ET<span class=\"_ _5\"/>TE COM<span class=\"_ _5\"/>PTA<span class=\"_ _5\"/>BLE</div>\n<div class=\"t m0 x7 hd yb26 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>1<span class=\"_ _cb\"> </span>22<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5 <span class=\"_ _84\"> </span><span class=\"lsba wsda\">133,9 <span class=\"_ _96\"> </span></span>19<span class=\"_ _5\"/>4,1 <span class=\"_ _84\"> </span>1<span class=\"_ _5\"/>23<span class=\"_ _5\"/>,2 <span class=\"_ _44\"> </span><span class=\"lsbc ws51\">41,<span class=\"_ _5\"/>9 <span class=\"_ _96\"> </span></span>7<span class=\"_ _5\"/>21,<span class=\"_ _5\"/>6 <span class=\"_ _96\"> </span><span class=\"lsbc ws51\">5<span class=\"_ _5\"/>41,<span class=\"_ _5\"/>9 <span class=\"_ _6c\"> </span></span>1.<span class=\"_ _5\"/>263<span class=\"_ _5\"/>,5</div>\n<div class=\"t m0 x7 hd yb27 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2<span class=\"_ _cb\"> </span>2<span class=\"_ _5\"/>35<span class=\"_ _5\"/>,4 <span class=\"_ _96\"> </span><span class=\"ls90 wsa4\">143<span class=\"_ _5\"/>,2<span class=\"_ _5\"/> <span class=\"_ _96\"> </span></span>195<span class=\"_ _5\"/>,6 <span class=\"_ _96\"> </span>126<span class=\"_ _5\"/>,8 <span class=\"_ _8a\"> </span>6<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>8 <span class=\"_ _96\"> </span><span class=\"ls90 wsa4\">76<span class=\"_ _5\"/>4,8<span class=\"_ _5\"/> <span class=\"_ _84\"> </span></span>63<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2 <span class=\"_ _71\"> </span><span class=\"ls25 ws27\">1.<span class=\"_ _5\"/>398,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 954px; height: 130px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 954px; height: 130px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent et de d<span class=\"_ _5\"/>\u00e9pr\u00e9<span class=\"_ _5\"/>ciatio<span class=\"_ _5\"/>n li\u00e9e<span class=\"_ _5\"/>s aux imm<span class=\"_ _5\"/>obilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns corp<span class=\"_ _5\"/>orell<span class=\"_ _5\"/>es se s<span class=\"_ _5\"/>ont \u00e9le<span class=\"_ _5\"/>v\u00e9es \u00e0 24<span class=\"_ _5\"/>6,4 m<span class=\"_ _5\"/>EUR et ont au<span class=\"_ _5\"/>gment\u00e9 d<span class=\"_ _5\"/>e 20,9</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mEUR pa<span class=\"_ _5\"/>r rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t \u00e0 l'ann\u00e9e d<span class=\"_ _5\"/>erni\u00e8<span class=\"_ _5\"/>re. Ce<span class=\"_ _5\"/>tte au<span class=\"_ _5\"/>gment<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n s'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>e princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par l'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts de<span class=\"_ _5\"/>s ins<span class=\"_ _5\"/>talla<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns et de<span class=\"_ _5\"/>s \u00e9quip<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts ai<span class=\"_ _5\"/>nsi que de<span class=\"_ _5\"/>s loc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s, qui on<span class=\"_ _5\"/>t resp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tivem<span class=\"_ _5\"/>ent aug<span class=\"_ _5\"/>ment\u00e9 d<span class=\"_ _5\"/>e 3,7 mEUR et de 1<span class=\"_ _5\"/>5,6 mEUR<span class=\"_ _5\"/>, en ra<span class=\"_ _5\"/>ison d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n du nomb<span class=\"_ _5\"/>re d'entre<span class=\"_ _5\"/>p\u00f4t<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 867px; height: 65px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h1a y7 ffc fs11 fc2 sc0 ls0 ws6d\" style=\"z-index: 15;\">6.1<span class=\"_ _d\"/>6.1 Immobi<span class=\"_ _d\"/>lisati<span class=\"_ _d\"/>ons c<span class=\"_ _d\"/>orporell<span class=\"_ _d\"/>es (hors actifs au titre du d<span class=\"_ _d\"/>roit d\u2019<span class=\"_ _1\"/>utilisa<span class=\"_ _d\"/>tion<span class=\"_ _1\"/>)</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions cor<span class=\"_ _5\"/>pore<span class=\"_ _5\"/>lles on<span class=\"_ _5\"/>t augme<span class=\"_ _5\"/>nt\u00e9 de 43,<span class=\"_ _5\"/>2 mEUR<span class=\"_ _5\"/>, pas<span class=\"_ _5\"/>sant d<span class=\"_ _5\"/>e 721,6 m<span class=\"_ _5\"/>EUR \u00e0 764,<span class=\"_ _5\"/>8 mEUR<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te haus<span class=\"_ _5\"/>se s'exp<span class=\"_ _5\"/>lique pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par :</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>des a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tions p<span class=\"_ _5\"/>our 146<span class=\"_ _5\"/>,1 mEUR (147<span class=\"_ _1\"/>,6 mEUR e<span class=\"_ _5\"/>n 2021), princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent cons<span class=\"_ _5\"/>acr\u00e9<span class=\"_ _5\"/>es \u00e0 la p<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>uite de l'exp<span class=\"_ _5\"/>ansion d<span class=\"_ _5\"/>e la logis<span class=\"_ _5\"/>tiq<span class=\"_ _5\"/>ue de l\u2019e \u2013</div>\n<div class=\"t m0 x2a h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>erce de Ra<span class=\"_ _5\"/>dial et d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>A<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ive Ant<span class=\"_ _5\"/>s<span class=\"_ _5\"/>, ainsi qu\u2019\u00e0 l\u2019optimi<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on du r\u00e9s<span class=\"_ _5\"/>eau Be<span class=\"_ _5\"/>lgium ;</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l\u2019imp<span class=\"_ _5\"/>act d<span class=\"_ _5\"/>es \u00e9c<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion po<span class=\"_ _5\"/>ur 10,1 mEUR (augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion de 1<span class=\"_ _5\"/>2,7 mEUR en 2021) ;</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>ens\u00e9<span class=\"_ _5\"/>e par de<span class=\"_ _5\"/>s amor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>s et r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de vale<span class=\"_ _5\"/>ur se chi<span class=\"_ _5\"/>ffra<span class=\"_ _5\"/>nt \u00e0 108,<span class=\"_ _5\"/>2 mEUR (102,<span class=\"_ _5\"/>9 mEUR en 202<span class=\"_ _5\"/>1<span class=\"_ _d\"/>), des ce<span class=\"_ _5\"/>ssi<span class=\"_ _5\"/>ons</div>\n<div class=\"t m0 x2a h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r 4,5 m<span class=\"_ _5\"/>EUR (prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment du<span class=\"_ _5\"/>es \u00e0 la fe<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>ture de ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ains en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>\u00f4ts<span class=\"_ _5\"/>, voir se<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion 6.<span class=\"_ _5\"/>9) et le tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>fer<span class=\"_ _5\"/>t ver<span class=\"_ _5\"/>s les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9te<span class=\"_ _5\"/>nus en vu<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x2a h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la ven<span class=\"_ _5\"/>te ou les im<span class=\"_ _5\"/>meuble<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cemen<span class=\"_ _5\"/>t pour 1,7 mEUR (1<span class=\"_ _d\"/>7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>1 mEUR en 2021 d<span class=\"_ _5\"/>ont 9,8 m<span class=\"_ _5\"/>EUR li\u00e9s a<span class=\"_ _5\"/>u tran<span class=\"_ _5\"/>sfer<span class=\"_ _5\"/>t d'<span class=\"_ _5\"/>Ubiway Re<span class=\"_ _5\"/>tail ve<span class=\"_ _5\"/>rs les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs</div>\n<div class=\"t m0 x2a h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9te<span class=\"_ _5\"/>nus en v<span class=\"_ _5\"/>ue de la ve<span class=\"_ _5\"/>nte en 2021).</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur s<span class=\"_ _5\"/>ont re<span class=\"_ _5\"/>pris da<span class=\"_ _5\"/>ns la se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on \u201cD\u00e9<span class=\"_ _5\"/>pr\u00e9ci<span class=\"_ _5\"/>ations<span class=\"_ _5\"/>, amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r\u201d du co<span class=\"_ _5\"/>mpte</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">de r\u00e9sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>.</div>\n\n<div class=\"t m0 x5 h1a y10 ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.1<span class=\"_ _d\"/>6.<span class=\"_ _5\"/>2 Actifs au tit<span class=\"_ _d\"/>re du dro<span class=\"_ _d\"/>it d\u2019<span class=\"_ _1\"/>utilisat<span class=\"_ _d\"/>ion et loca<span class=\"_ _d\"/>tions</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs au t<span class=\"_ _5\"/>itre du dr<span class=\"_ _5\"/>oit d'util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on ont aug<span class=\"_ _5\"/>ment\u00e9 d<span class=\"_ _5\"/>e 92,<span class=\"_ _5\"/>3 mEUR et s<span class=\"_ _5\"/>e sont s<span class=\"_ _5\"/>old\u00e9s \u00e0 6<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,2 m<span class=\"_ _5\"/>EUR. Ce<span class=\"_ _5\"/>tte ha<span class=\"_ _5\"/>uss<span class=\"_ _5\"/>e s'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>e prin<span class=\"_ _5\"/>cipalem<span class=\"_ _5\"/>ent</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par :</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ls7 ws8\">163,4 m<span class=\"_ _d\"/>EUR d<span class=\"_ _d\"/>'ac<span class=\"_ _d\"/>quisitions, princ<span class=\"_ _d\"/>ipalement<span class=\"_ _d\"/> li\u00e9es \u00e0 des<span class=\"_ _d\"/> locations d'<span class=\"_ _1\"/>entrep\u00f4ts suppl\u00e9mentaires<span class=\"_ _d\"/> (principal<span class=\"_ _d\"/>ement Radi<span class=\"_ _d\"/>al North America et </span></div>\n<div class=\"t m0 x2a h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Radi<span class=\"_ _5\"/>al Europe) e<span class=\"_ _5\"/>t \u00e0 des v\u00e9<span class=\"_ _5\"/>hicule<span class=\"_ _5\"/>s suppl\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>aires p<span class=\"_ _5\"/>our la dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on, ent<span class=\"_ _5\"/>re aut<span class=\"_ _5\"/>res en r<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n de la dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>es loc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me</div>\n<div class=\"t m0 x2a h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l'ann<span class=\"_ _5\"/>\u00e9e de<span class=\"_ _5\"/>rni\u00e8r<span class=\"_ _5\"/>e ;</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>67<span class=\"_ _d\"/>,<span class=\"_ _5\"/>8 mEUR d\u2019ajuste<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s d\u00e9<span class=\"_ _5\"/>coulant p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent de l\u2019ex<span class=\"_ _5\"/>tensi<span class=\"_ _5\"/>on des du<span class=\"_ _5\"/>r\u00e9es l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ives ;</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>11,<span class=\"_ _5\"/>2 mEUR d\u2019\u00e9ca<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>s de con<span class=\"_ _5\"/>versi<span class=\"_ _5\"/>on ;</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>ens\u00e9<span class=\"_ _5\"/>e par de<span class=\"_ _5\"/>s d\u00e9pr<span class=\"_ _5\"/>\u00e9ciat<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>e chiffr<span class=\"_ _5\"/>ant \u00e0 1<span class=\"_ _5\"/>38,<span class=\"_ _5\"/>2 mEUR e<span class=\"_ _5\"/>t des ces<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>s pour un m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nt de 12,<span class=\"_ _5\"/>5 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st a con<span class=\"_ _5\"/>clu des co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts de lo<span class=\"_ _5\"/>cat<span class=\"_ _5\"/>ion pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement p<span class=\"_ _5\"/>our de<span class=\"_ _5\"/>s b\u00e2tim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>\u00f4ts e<span class=\"_ _5\"/>t bureau<span class=\"_ _5\"/>x de pos<span class=\"_ _5\"/>te), des v\u00e9h<span class=\"_ _5\"/>icules<span class=\"_ _5\"/>, des m<span class=\"_ _5\"/>achine<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'autre<span class=\"_ _5\"/>s \u00e9qui<span class=\"_ _5\"/>peme<span class=\"_ _5\"/>nts u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r ses op<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>tions<span class=\"_ _5\"/>. Les co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>ons de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on et les v<span class=\"_ _5\"/>aleur<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s sont d\u00e9<span class=\"_ _5\"/>taill\u00e9<span class=\"_ _5\"/>es dan<span class=\"_ _5\"/>s le tab<span class=\"_ _5\"/>leau ci \u2013</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">dessous<span class=\"_ _d\"/> :</div>\n<div class=\"t m0 x7 hc yb28 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x5a hc yb29 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">DUR\u00c9E D'UTILIT\u00c9</div>\n<div class=\"t m0 xb hc yb28 ff5 fs7 fc0 sc0 lsf ws11\" style=\"z-index: 15;\">VALEUR COMPTABLE<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x180 hc yb29 ff7 fs7 fc0 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D<span class=\"_ _5\"/>\u00c9CEM<span class=\"_ _5\"/>BR<span class=\"_ _5\"/>E 202<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x17c hc yb28 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR C<span class=\"_ _5\"/>OMP<span class=\"_ _5\"/>TABL<span class=\"_ _5\"/>E <span class=\"_ _49\"/> </div>\n<div class=\"t m0 x126 hc yb29 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D<span class=\"_ _5\"/>\u00c9CEM<span class=\"_ _5\"/>BR<span class=\"_ _5\"/>E 2021</div>\n<div class=\"t m0 x7 hd yb2a ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>e<span class=\"_ _5\"/>rrains et b\u00e2time<span class=\"_ _5\"/>nts<span class=\"_ _20d\"> </span><span class=\"ls0 ws0\">3 \u00e0 2<span class=\"_ _5\"/>5 ans</span></div>\n<div class=\"t m0 x176 hd yb2b ff4 fs8 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">572,<span class=\"_ _5\"/>3<span class=\"_ _134\"> </span><span class=\"ls18 ws1a\">4<span class=\"_ _5\"/>80,9</span></div>\n<div class=\"t m0 x7 hd yb2c ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Mat\u00e9riel roulant<span class=\"_ _20e\"> </span><span class=\"ls0 ws0\">4 ou 5 an<span class=\"_ _5\"/>s (8 ans p<span class=\"_ _5\"/>our les c<span class=\"_ _5\"/>amio<span class=\"_ _5\"/>ns)</span></div>\n<div class=\"t m0 x177 hd yb2d ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _1d7\"> </span><span class=\"ls14 ws16\">54,4</span></div>\n<div class=\"t m0 x7 hd yb2e ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Machines et \u00e9quip<span class=\"_ _5\"/>ements<span class=\"_ _120\"> </span><span class=\"ls0 ws0\">1 \u00e0 1<span class=\"_ _5\"/>5 ans</span></div>\n<div class=\"t m0 x10b hd yb2f ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">4,1<span class=\"_ _1e0\"> </span><span class=\"ls28 ws2a\">6,6</span></div>\n<div class=\"t m0 x7 hf yb30 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x98 h1b yb31 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">634,<span class=\"_ _5\"/>2<span class=\"_ _1fd\"> </span><span class=\"ls4a ws54\">541<span class=\"_ _5\"/>,9</span></div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>le et les m<span class=\"_ _5\"/>ouve<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s (y com<span class=\"_ _5\"/>pris l<span class=\"_ _5\"/>es sor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ies de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>rer<span class=\"_ _5\"/>ie) des de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation (s<span class=\"_ _5\"/>ous for<span class=\"_ _5\"/>me de pr<span class=\"_ _5\"/>\u00eat<span class=\"_ _5\"/>s et d'empr<span class=\"_ _5\"/>unt<span class=\"_ _5\"/>s por-</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>t int\u00e9r\u00ea<span class=\"_ _5\"/>t) sont p<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>ent\u00e9s da<span class=\"_ _5\"/>ns la se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on 6.<span class=\"_ _5\"/>25<span class=\"_ _5\"/>, tandi<span class=\"_ _5\"/>s que l'analys<span class=\"_ _5\"/>e de matu<span class=\"_ _5\"/>rit\u00e9 es<span class=\"_ _5\"/>t disp<span class=\"_ _5\"/>onibl<span class=\"_ _5\"/>e dans la s<span class=\"_ _5\"/>ect<span class=\"_ _5\"/>ion 6.<span class=\"_ _5\"/>30<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st a de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e loca<span class=\"_ _5\"/>tion p<span class=\"_ _5\"/>our des v\u00e9<span class=\"_ _5\"/>hicule<span class=\"_ _5\"/>s avec de<span class=\"_ _5\"/>s dur\u00e9<span class=\"_ _5\"/>es de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n de 12 mo<span class=\"_ _5\"/>is ou mo<span class=\"_ _5\"/>ins (2,<span class=\"_ _5\"/>2 mEUR en 202<span class=\"_ _5\"/>2, 7<span class=\"_ _d\"/>,0 mEUR e<span class=\"_ _5\"/>n 2021),</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>s sou<span class=\"_ _5\"/>s les co\u00fbt<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on, dans l<span class=\"_ _5\"/>es char<span class=\"_ _5\"/>ges d'exp<span class=\"_ _5\"/>loita<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. Il n'y a pas de con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s de bai<span class=\"_ _5\"/>l (<span class=\"_ _d\"/>mat\u00e9<span class=\"_ _5\"/>riel<span class=\"_ _5\"/>s) avec de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s, ni de co<span class=\"_ _5\"/>ntrat<span class=\"_ _5\"/>s \u00e0 fa<span class=\"_ _5\"/>ible val<span class=\"_ _5\"/>eur mat\u00e9r<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 470px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 102px; height: 982px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Il ex<span class=\"_ _5\"/>iste p<span class=\"_ _5\"/>lusie<span class=\"_ _5\"/>urs cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de bail q<span class=\"_ _5\"/>ui inclue<span class=\"_ _5\"/>nt des e<span class=\"_ _5\"/>xte<span class=\"_ _5\"/>nsio<span class=\"_ _5\"/>ns et de<span class=\"_ _5\"/>s optio<span class=\"_ _5\"/>ns de r\u00e9<span class=\"_ _5\"/>siliati<span class=\"_ _5\"/>on. Le con<span class=\"_ _5\"/>trat d<span class=\"_ _5\"/>e bail pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>l concer<span class=\"_ _5\"/>ne Br<span class=\"_ _5\"/>uxelle<span class=\"_ _5\"/>s X</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(NBX<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, la dur<span class=\"_ _5\"/>\u00e9e de ce con<span class=\"_ _5\"/>trat d<span class=\"_ _5\"/>e bail \u00e9t<span class=\"_ _5\"/>ant de 1<span class=\"_ _5\"/>5 ans (<span class=\"_ _5\"/>jus<span class=\"_ _5\"/>qu'<span class=\"_ _d\"/>en 2<span class=\"_ _5\"/>031) avec 3 pro<span class=\"_ _5\"/>longat<span class=\"_ _5\"/>ions p<span class=\"_ _5\"/>ossi<span class=\"_ _5\"/>bles de 5 a<span class=\"_ _5\"/>ns chacu<span class=\"_ _5\"/>ne. Ce<span class=\"_ _5\"/>s prolon<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>ns ne</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t act<span class=\"_ _5\"/>uelle<span class=\"_ _5\"/>ment pa<span class=\"_ _5\"/>s inclus<span class=\"_ _5\"/>es dan<span class=\"_ _5\"/>s la dur\u00e9e d<span class=\"_ _5\"/>u bail, c<span class=\"_ _5\"/>ar il n'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>st pas r<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>nnable<span class=\"_ _5\"/>ment ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ain qu'elle<span class=\"_ _5\"/>s sero<span class=\"_ _5\"/>nt exer<span class=\"_ _5\"/>c\u00e9es<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'imp<span class=\"_ _5\"/>act p<span class=\"_ _5\"/>ar ex<span class=\"_ _5\"/>tensi<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de 5 an<span class=\"_ _5\"/>s est e<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>m\u00e9 \u00e0 une aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e 5% de la de<span class=\"_ _5\"/>tte g<span class=\"_ _5\"/>lobale de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion imp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s qui n'ont pas e<span class=\"_ _5\"/>ncore com<span class=\"_ _5\"/>menc\u00e9 s<span class=\"_ _5\"/>ont ind<span class=\"_ _5\"/>iqu\u00e9s a<span class=\"_ _5\"/>u point 6<span class=\"_ _5\"/>.32 D<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s et en<span class=\"_ _5\"/>gagem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur s<span class=\"_ _5\"/>ont re<span class=\"_ _5\"/>pris da<span class=\"_ _5\"/>ns la se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on \u201cD\u00e9<span class=\"_ _5\"/>pr\u00e9ci<span class=\"_ _5\"/>ations<span class=\"_ _5\"/>, amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r\u201d du co<span class=\"_ _5\"/>mpte</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">de r\u00e9sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 hb y88 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Revenu<span class=\"_ _5\"/>s des leasi<span class=\"_ _5\"/>ngs op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>nnel<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s des pai<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts f<span class=\"_ _5\"/>uturs m<span class=\"_ _5\"/>inimaux d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t li\u00e9s a<span class=\"_ _5\"/>ux b\u00e2ti<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t les sui<span class=\"_ _5\"/>vant<span class=\"_ _5\"/>s et so<span class=\"_ _5\"/>nt prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment li<span class=\"_ _5\"/>\u00e9s \u00e0 de<span class=\"_ _5\"/>s b\u00e2time<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>ont</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t pro<span class=\"_ _5\"/>pri\u00e9<span class=\"_ _5\"/>taire e<span class=\"_ _5\"/>t \u00e0 des s<span class=\"_ _5\"/>ous-<span class=\"_ _5\"/>loc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s:</div>\n<div class=\"t m0 x7 hb y8d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y27 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yb32 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 moi<span class=\"_ _5\"/>ns d'un an</div>\n<div class=\"t m0 x10b hd yb33 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">1,1<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">0<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t m0 x7 hd yb34 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De un \u00e0 c<span class=\"_ _5\"/>inq an<span class=\"_ _5\"/>s<span class=\"_ _20f\"> </span><span class=\"ls25 ws27\">3,0<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hd yb35 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Plus d<span class=\"_ _5\"/>e cinq a<span class=\"_ _5\"/>ns<span class=\"_ _210\"> </span><span class=\"ls1b ws1d\">1,7<span class=\"_ _1d1\"> </span><span class=\"ls14 ws16\">1,6</span></span></div>\n<div class=\"t m0 x7 hf yb36 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x108 h1b yb37 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">5,7<span class=\"_ _18a\"> </span><span class=\"ls1d ws1f\">4,1</span></div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le re<span class=\"_ _5\"/>venu mini<span class=\"_ _5\"/>mum futu<span class=\"_ _5\"/>r de la loc<span class=\"_ _5\"/>ation o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle e<span class=\"_ _5\"/>st plu<span class=\"_ _5\"/>s ou moin<span class=\"_ _5\"/>s en ligne av<span class=\"_ _5\"/>ec l'ann\u00e9<span class=\"_ _5\"/>e dern<span class=\"_ _5\"/>i\u00e8re. Le<span class=\"_ _5\"/>s reve<span class=\"_ _5\"/>nus d\u00e9<span class=\"_ _5\"/>coulant d<span class=\"_ _5\"/>es leasi<span class=\"_ _5\"/>ngs</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>ls so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dans l<span class=\"_ _5\"/>a rubr<span class=\"_ _5\"/>ique \u201cAutr<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xploit<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n\u201d (0,5 mEUR e<span class=\"_ _5\"/>n 2022), alo<span class=\"_ _5\"/>rs que le<span class=\"_ _5\"/>s reve<span class=\"_ _5\"/>nus des s<span class=\"_ _5\"/>ous \u2013 lo<span class=\"_ _5\"/>ca-</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns vont en d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de l\u2019amor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs a<span class=\"_ _5\"/>u titre d<span class=\"_ _5\"/>u droit d\u2019ut<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ion et l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 642px; height: 440px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 642px; height: 440px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag173": {
   "value": "\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ya4d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc ya4e ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc ya4f ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc ya50 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x90 hc ya51 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x139 hc ya52 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x171 hc ya53 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EQUIPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc ya54 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x51 hc ya55 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x34 hc ya56 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x1c hc ya57 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x3c hc ya58 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 xd7 hc ya59 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xdd hc ya5a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17 hc ya5b ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x131 hc ya5c ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x12a hc ya5d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">TIONS C<span class=\"_ _d\"/>OR<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd0 hc ya5e ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">PORELLE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 xb4 hc ya5f ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc ya60 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">S<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ONS<span class=\"_ _5\"/> </div>\n<div class=\"t m0 x57 hc ya61 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xb4 hc ya62 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L.</div>\n<div class=\"t m0 x65 hc ya63 ff5 fs7 fc2 sc0 ls54 ws65\" style=\"z-index: 15;\">ROU)</div>\n<div class=\"t m0 xa3 hc ya64 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TIT<span class=\"_ _1\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa9 hc ya65 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">RE D<span class=\"_ _5\"/>E DRO<span class=\"_ _5\"/>IT</div>\n<div class=\"t m0 x9b hc ya66 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'UTILISATI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x178 hc ya67 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON (R<span class=\"_ _5\"/>OU)<span class=\"_ _96\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc ya68 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">CO\u00db<span class=\"_ _5\"/>TS D'ACQ<span class=\"_ _5\"/>UIS<span class=\"_ _5\"/>ITI<span class=\"_ _5\"/>ON</div>\n<div class=\"t m0 x7 hf ya69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 ya6a ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf ya69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x15a h1b ya6b ff7 fs8 fc3 sc0 ls2e ws30\" style=\"z-index: 15;\">606,3<span class=\"_ _97\"> </span><span class=\"lsd4 wsf5\">45<span class=\"_ _5\"/>3,7<span class=\"_ _96\"> </span><span class=\"ls49 ws57\">482,<span class=\"_ _5\"/>2<span class=\"_ _96\"> </span></span></span>228,4<span class=\"_ _8a\"> </span><span class=\"ls25 ws27\">32<span class=\"_ _5\"/>,4<span class=\"_ _8e\"> </span><span class=\"ls7 ws8\">1.803<span class=\"_ _5\"/>,0<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">650,5<span class=\"_ _8e\"> </span></span></span>2<span class=\"_ _5\"/>.453,5</span></div>\n<div class=\"t m0 x7 hd ya6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">3,7<span class=\"_ _1c6\"> </span><span class=\"ls20 ws22\">26,9<span class=\"_ _205\"> </span><span class=\"ls28 ws2a\">53,6<span class=\"_ _205\"> </span><span class=\"ls3b ws43\">45,2<span class=\"_ _205\"> </span></span>18,1<span class=\"_ _79\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>4<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6<span class=\"_ _4c\"> </span><span class=\"ls22 ws24\">164,<span class=\"_ _5\"/>4<span class=\"_ _93\"> </span><span class=\"ls2b ws2d\">311,<span class=\"_ _5\"/>9</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya6d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions via regroupements</div>\n<div class=\"t m0 x7 hd ya6e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>entreprises</div>\n<div class=\"t m0 x16f hd ya6d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0</div>\n<div class=\"t m0 x7 hd ya6f ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Ajustements<span class=\"_ _1ee\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _205\"> </span><span class=\"ls25 ws27\">68,0<span class=\"_ _205\"> </span>68,0</span></span></div>\n<div class=\"t m0 x7 hd ya70 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _207\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _97\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _95\"> </span><span class=\"ls0 ws0\">(31,<span class=\"_ _5\"/>5)<span class=\"_ _44\"> </span></span></span>(8<span class=\"_ _5\"/>,1)<span class=\"_ _206\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _95\"> </span><span class=\"ls2b ws2d\">(52<span class=\"_ _5\"/>,6)<span class=\"_ _95\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>0,4)<span class=\"_ _95\"> </span></span>(8<span class=\"_ _5\"/>3,0)</span></span></span></div>\n<div class=\"t m0 x7 hd ya71 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _108\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _b0\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>0)<span class=\"_ _44\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,4)<span class=\"_ _44\"> </span></span></span></span>(0,<span class=\"_ _5\"/>5)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _b0\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>8)<span class=\"_ _44\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _13f\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>,1)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya72 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ya73 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ya74 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4c hd ya75 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">(22,7)<span class=\"_ _97\"> </span><span class=\"ls18 ws1a\">(20,7)<span class=\"_ _44\"> </span></span>(2,7)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _44\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _97\"> </span>(4<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2)<span class=\"_ _95\"> </span><span class=\"ls0 ws0\">(3<span class=\"_ _5\"/>9,2)<span class=\"_ _95\"> </span><span class=\"ls22 ws24\">(8<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>4)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya76 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _138\"> </span>0,4<span class=\"_ _205\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>,1<span class=\"_ _138\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _138\"> </span><span class=\"ls14 ws16\">1,1<span class=\"_ _1c6\"> </span><span class=\"ls1b ws1d\">19<span class=\"_ _5\"/>,7<span class=\"_ _1c6\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3<span class=\"_ _201\"> </span>3<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya77 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _c7\"> </span><span class=\"ls2b ws2d\">(8,<span class=\"_ _5\"/>2)<span class=\"_ _b0\"> </span><span class=\"ls0 ws0\">(0,6)<span class=\"_ _206\"> </span><span class=\"ls17 ws19\">9,1<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">8<span class=\"_ _5\"/>,7<span class=\"_ _97\"> </span>(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2)<span class=\"_ _44\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,3)<span class=\"_ _206\"> </span><span class=\"ls7 ws8\">5,0<span class=\"_ _206\"> </span></span></span>0,7</span></span></span></span></div>\n<div class=\"t m0 x7 hf ya78 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x15a h1b ya79 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">579,<span class=\"_ _5\"/>3<span class=\"_ _96\"> </span><span class=\"ls2c ws2e\">442,<span class=\"_ _5\"/>8<span class=\"_ _96\"> </span><span class=\"ls3b ws43\">526,4<span class=\"_ _97\"> </span><span class=\"ls43 ws4d\">275,8<span class=\"_ _77\"> </span><span class=\"ls49 ws57\">38,<span class=\"_ _5\"/>2<span class=\"_ _e3\"> </span><span class=\"lse6 ws10a\">1.862,4<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">830,<span class=\"_ _5\"/>3<span class=\"_ _71\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>.6<span class=\"_ _5\"/>92<span class=\"_ _5\"/>,7</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 ya7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf ya7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x15a h1b ya7c ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">579,<span class=\"_ _5\"/>3<span class=\"_ _96\"> </span><span class=\"ls2c ws2e\">442,<span class=\"_ _5\"/>8<span class=\"_ _96\"> </span><span class=\"ls3b ws43\">526,4<span class=\"_ _97\"> </span><span class=\"ls43 ws4d\">275,8<span class=\"_ _77\"> </span><span class=\"ls49 ws57\">38,<span class=\"_ _5\"/>2<span class=\"_ _e3\"> </span><span class=\"lse6 ws10a\">1.862,4<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">830,<span class=\"_ _5\"/>3<span class=\"_ _71\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>.6<span class=\"_ _5\"/>92<span class=\"_ _5\"/>,7</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">1,0<span class=\"_ _205\"> </span>3<span class=\"_ _5\"/>4,4<span class=\"_ _1c6\"> </span><span class=\"lsbc ws51\">41,7<span class=\"_ _1c6\"> </span><span class=\"ls1b ws1d\">28<span class=\"_ _5\"/>,7<span class=\"_ _205\"> </span><span class=\"ls18 ws1a\">40,<span class=\"_ _5\"/>3<span class=\"_ _13f\"> </span><span class=\"ls90 wsa4\">14<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>1<span class=\"_ _93\"> </span><span class=\"ls22 ws24\">163<span class=\"_ _5\"/>,4<span class=\"_ _13f\"> </span><span class=\"ls17 ws19\">3<span class=\"_ _5\"/>09,<span class=\"_ _5\"/>5</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya7e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions via regroupements</div>\n<div class=\"t m0 x7 hd ya7f ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>entreprises</div>\n<div class=\"t m0 x48 hd ya7e ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">20,5<span class=\"_ _205\"> </span><span class=\"ls42 ws4c\">12,2<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>,7<span class=\"_ _138\"> </span></span></span>0,0<span class=\"_ _206\"> </span>0,1<span class=\"_ _b0\"> </span><span class=\"ls7 ws8\">3<span class=\"_ _5\"/>5,5<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _205\"> </span><span class=\"ls7 ws8\">35,5</span></div>\n<div class=\"t m0 x7 hd ya80 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Ajustements<span class=\"_ _1ee\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _1c6\"> </span><span class=\"ls12 ws14\">6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _201\"> </span>6<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8</span></span></div>\n<div class=\"t m0 x7 hd ya81 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _208\"> </span><span class=\"ls18 ws1a\">(20,0)<span class=\"_ _97\"> </span><span class=\"ls1d ws1f\">(36,0)<span class=\"_ _95\"> </span><span class=\"ls0 ws0\">(37,5)<span class=\"_ _b0\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>6)<span class=\"_ _138\"> </span></span></span></span>0,0<span class=\"_ _97\"> </span><span class=\"ls2b ws2d\">(9<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2)<span class=\"_ _13f\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>7<span class=\"_ _5\"/>)<span class=\"_ _92\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>55<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya82 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _1cc\"> </span>(0,0<span class=\"_ _5\"/>)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _44\"> </span></span>(0<span class=\"_ _5\"/>,0)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _206\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ya83 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ya84 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ya85 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4c hd ya86 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,4)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>2<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _136\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _97\"> </span></span>(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>2)<span class=\"_ _206\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _95\"> </span></span>(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>2)</div>\n<div class=\"t m0 x7 hd ya87 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _44\"> </span><span class=\"ls0 ws0\">(0,2)<span class=\"_ _205\"> </span><span class=\"ls26 ws28\">13,8<span class=\"_ _138\"> </span><span class=\"ls14 ws16\">1,2<span class=\"_ _138\"> </span>1,<span class=\"_ _5\"/>2<span class=\"_ _205\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>0<span class=\"_ _205\"> </span><span class=\"ls1b ws1d\">1<span class=\"_ _5\"/>5,7<span class=\"_ _1c6\"> </span><span class=\"ls2b ws2d\">31,8</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya88 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _209\"> </span><span class=\"ls20 ws22\">26,<span class=\"_ _5\"/>2<span class=\"_ _138\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _136\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>3<span class=\"_ _44\"> </span><span class=\"ls1b ws1d\">(6<span class=\"_ _5\"/>,7)<span class=\"_ _13f\"> </span><span class=\"ls17 ws19\">(19,6)<span class=\"_ _206\"> </span><span class=\"ls3b ws43\">3,1<span class=\"_ _b0\"> </span></span></span>(0,7<span class=\"_ _5\"/>)<span class=\"_ _138\"> </span><span class=\"ls28 ws2a\">2,4</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya89 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x15a h1b ya8a ff7 fs8 fc3 sc0 ls26 ws28\" style=\"z-index: 15;\">595,6<span class=\"_ _96\"> </span><span class=\"ls1f ws21\">455,3<span class=\"_ _96\"> </span><span class=\"ls9d wsaf\">548,5<span class=\"_ _84\"> </span><span class=\"ls1d ws1f\">294,<span class=\"_ _5\"/>3<span class=\"_ _8a\"> </span><span class=\"ls14 ws16\">6<span class=\"_ _5\"/>0,1<span class=\"_ _8e\"> </span><span class=\"ls25 ws27\">1<span class=\"_ _5\"/>.953,8<span class=\"_ _8e\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.018,<span class=\"_ _5\"/>8<span class=\"_ _8e\"> </span><span class=\"ls0 ws0\">2<span class=\"_ _5\"/>.97<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>6 </span></span></span></span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 450px; height: 602px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 450px; height: 602px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x7 hc yb38 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _143\"> </span><span class=\"fc0 ls41 ws4b\">TER<span class=\"_ _5\"/>RAINS ET B\u00c2TIMENTS</span></div>\n<div class=\"t m0 x7 hc yb39 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">CO\u00db<span class=\"_ _5\"/>T D'ACQU<span class=\"_ _5\"/>ISI<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>N</div>\n<div class=\"t m0 x7 hf yb3a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb3b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x181 hf yb3a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">JANVIER 2021</div>\n<div class=\"t m0 x169 h1b yb3c ff7 fs8 fc3 sc0 ls20 ws22\" style=\"z-index: 15;\">11,<span class=\"_ _5\"/>1</div>\n<div class=\"t m0 x7 hd yb3d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _211\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hd yb3e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t de/(ver<span class=\"_ _5\"/>s) d'autr<span class=\"_ _5\"/>es cat<span class=\"_ _5\"/>\u00e9gor<span class=\"_ _5\"/>ies d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fs<span class=\"_ _98\"> </span> 1<span class=\"_ _5\"/>,8</div>\n<div class=\"t m0 x7 hf yb3f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x169 h1b yb40 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">13,0</div>\n<div class=\"t m0 x7 hf yb41 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb42 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb41 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x169 h1b yb43 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">13,0</div>\n<div class=\"t m0 x7 hd yb44 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _211\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hd yb45 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t de/(ver<span class=\"_ _5\"/>s) d'autr<span class=\"_ _5\"/>es cat<span class=\"_ _5\"/>\u00e9gor<span class=\"_ _5\"/>ies d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fs<span class=\"_ _212\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>5<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hf yb46 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x169 hd yb47 ff4 fs8 fc2 sc0 ls43 ws4d\" style=\"z-index: 15;\">11,<span class=\"_ _5\"/>5</div>\n<div class=\"t m0 x7 hc yb48 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TISS<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT<span class=\"_ _5\"/>S ET R\u00c9<span class=\"_ _5\"/>DUC<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>NS DE V<span class=\"_ _5\"/>ALEU<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x7 hf yb49 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb4a ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb49 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x182 h1b yb4b ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> (<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</div>\n<div class=\"t m0 x7 hd yb4c ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _213\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hd yb4d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t de/(ver<span class=\"_ _5\"/>s) d'autr<span class=\"_ _5\"/>es cat<span class=\"_ _5\"/>\u00e9gor<span class=\"_ _5\"/>ies d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fs<span class=\"_ _214\"> </span><span class=\"ls1b ws1d\"> (1,<span class=\"_ _5\"/>0)</span></div>\n<div class=\"t m0 x7 hf yb4e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x5d h1b yb4f ff7 fs8 fc3 sc0 ls90 wsa4\" style=\"z-index: 15;\"> (8,<span class=\"_ _5\"/>8)</div>\n<div class=\"t m0 x7 hf yb50 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb51 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb50 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x5d h1b yb52 ff7 fs8 fc3 sc0 ls90 wsa4\" style=\"z-index: 15;\"> (8,<span class=\"_ _5\"/>8)</div>\n<div class=\"t m0 x7 hd yb53 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _213\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hd yb54 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t de/(ver<span class=\"_ _5\"/>s) d'autr<span class=\"_ _5\"/>es cat<span class=\"_ _5\"/>\u00e9gor<span class=\"_ _5\"/>ies d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fs<span class=\"_ _215\"> </span><span class=\"ls1b ws1d\"> 0,7<span class=\"_ _5\"/> </span></div>\n<div class=\"t m0 x7 hf yb55 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x5d h1b yb56 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\"> (8<span class=\"_ _5\"/>,1)</div>\n<div class=\"t m0 x7 hc yb57 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR N<span class=\"_ _5\"/>ET<span class=\"_ _5\"/>TE COM<span class=\"_ _5\"/>PTA<span class=\"_ _5\"/>BLE</div>\n<div class=\"t m0 x7 hd yb58 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 D<span class=\"_ _5\"/>\u00e9cem<span class=\"_ _5\"/>bre 202<span class=\"_ _5\"/>1<span class=\"_ _1b6\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yb59 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 D<span class=\"_ _5\"/>\u00e9cem<span class=\"_ _5\"/>bre 202<span class=\"_ _5\"/>2<span class=\"_ _1b6\"> </span><span class=\"ls28 ws2a\">3,4</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 98px; height: 474px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x7 hc yb66 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb67 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb66 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb67 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb66 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb68 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">CO\u00dbT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hf yb69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb6a ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xb6 h1b yb6b ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">660,<span class=\"_ _5\"/>0<span class=\"_ _eb\"> </span><span class=\"ls20 ws22\">168<span class=\"_ _5\"/>,3<span class=\"_ _11e\"> </span><span class=\"ls26 ws28\">198,4<span class=\"_ _11e\"> </span></span>118<span class=\"_ _5\"/>,3<span class=\"_ _bc\"> </span><span class=\"ls1a ws1c\">51,<span class=\"_ _5\"/>1<span class=\"_ _206\"> </span><span class=\"ls2e ws30\">1.196,0</span></span></span></div>\n<div class=\"t m0 x7 hd yb6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _120\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls17 ws19\">9,5<span class=\"_ _105\"> </span><span class=\"ls3b ws43\">15,1<span class=\"_ _80\"> </span></span></span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _105\"> </span><span class=\"ls1a ws1c\">24,6</span></span></div>\n<div class=\"t m0 x7 hd yb6d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yb6e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yb6d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb6f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _ba\"> </span><span class=\"ls17 ws19\">(9,0)<span class=\"_ _80\"> </span></span></span>0,3<span class=\"_ _42\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>6)<span class=\"_ _d4\"> </span>(1<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd yb70 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _a5\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _bc\"> </span></span></span></span>(3<span class=\"_ _5\"/>,2)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _1cf\"> </span><span class=\"ls1b ws1d\">(2<span class=\"_ _5\"/>1,7<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7 hd yb71 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ve<span class=\"_ _5\"/>rs d'au<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s cat\u00e9g<span class=\"_ _5\"/>ori<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x7 hd yb72 ff4 fs8 fc2 sc0 ls3c ws46\" style=\"z-index: 15;\">de<span class=\"_ _5\"/> l'ac<span class=\"_ _5\"/>t<span class=\"_ _5\"/>if</div>\n<div class=\"t m0 x183 hd yb71 ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">(28<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(2<span class=\"_ _5\"/>,2)<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>2<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(4,6<span class=\"_ _5\"/>)<span class=\"_ _ac\"> </span><span class=\"ls0 ws0\">(3<span class=\"_ _5\"/>5,0)</span></span></span></div>\n<div class=\"t m0 x7 hd yb73 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _4a\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls3b ws43\">5,1<span class=\"_ _80\"> </span><span class=\"ls7 ws8\">5,8<span class=\"_ _80\"> </span><span class=\"ls28 ws2a\">2,6<span class=\"_ _42\"> </span><span class=\"ls90 wsa4\">51<span class=\"_ _5\"/>,3</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb74 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span></span>(0,<span class=\"_ _5\"/>2)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _bc\"> </span></span>(0<span class=\"_ _5\"/>,2)</span></div>\n<div class=\"t m0 x7 hf yb75 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xb6 h1b yb76 ff7 fs8 fc3 sc0 ls3b ws43\" style=\"z-index: 15;\">652,<span class=\"_ _5\"/>2<span class=\"_ _1cf\"> </span><span class=\"lsd2 wsf2\">17<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _ac\"> </span><span class=\"ls1f ws21\">205,<span class=\"_ _5\"/>8<span class=\"_ _eb\"> </span><span class=\"ls2c ws2e\">121,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span></span>47,<span class=\"_ _2\"/>5<span class=\"_ _dd\"> </span><span class=\"lsd4 wsf5\">1.<span class=\"_ _5\"/>20<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 144px; height: 263px; width: 88%; z-index: 5;\"><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x7 hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb77 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb78 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb79 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">CO\u00dbT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xb6 h1b yb7c ff7 fs8 fc3 sc0 ls3b ws43\" style=\"z-index: 15;\">652,<span class=\"_ _5\"/>2<span class=\"_ _1cf\"> </span><span class=\"lsd2 wsf2\">17<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _ac\"> </span><span class=\"ls1f ws21\">205,<span class=\"_ _5\"/>8<span class=\"_ _eb\"> </span><span class=\"ls2c ws2e\">121,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span></span>47,<span class=\"_ _2\"/>5<span class=\"_ _dd\"> </span><span class=\"lsd4 wsf5\">1.<span class=\"_ _5\"/>20<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd yb7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _120\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _83\"> </span><span class=\"ls1d ws1f\">6,<span class=\"_ _5\"/>2<span class=\"_ _ba\"> </span><span class=\"ls42 ws4c\">1<span class=\"_ _5\"/>2,2<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _80\"> </span></span></span></span>0,0<span class=\"_ _42\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd yb7e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yb7f ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x4a hd yb7e ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">42,<span class=\"_ _5\"/>5<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,0<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _21a\"> </span><span class=\"ls1b ws1d\">4,7<span class=\"_ _42\"> </span><span class=\"ls2e ws30\">48,<span class=\"_ _5\"/>2</span></span></span></div>\n<div class=\"t m0 x7 hd yb80 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _21b\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>4)<span class=\"_ _7e\"> </span><span class=\"ls12 ws14\">(17,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _ba\"> </span>(0,0)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ac\"> </span></span></span></span>(2<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x7 hd yb81 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _100\"> </span>(0<span class=\"_ _5\"/>,0)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _42\"> </span></span>(0,0)</div>\n<div class=\"t m0 x7 hd yb82 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ve<span class=\"_ _5\"/>rs d'au<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s cat\u00e9g<span class=\"_ _5\"/>ori<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x7 hd yb83 ff4 fs8 fc2 sc0 ls3c ws46\" style=\"z-index: 15;\">de<span class=\"_ _5\"/> l'ac<span class=\"_ _5\"/>t<span class=\"_ _5\"/>if</div>\n<div class=\"t m0 x44 hd yb82 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>0,1)<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(0,1)</span></div>\n<div class=\"t m0 x7 hd yb84 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21c\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>3<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls26 ws28\">3,9<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">4,6<span class=\"_ _80\"> </span>1,8<span class=\"_ _105\"> </span><span class=\"ls1b ws1d\">3<span class=\"_ _5\"/>9,7</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb85 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>0,1)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>4<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _80\"> </span></span>0,1<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></span></div>\n<div class=\"t m0 x7 hf yb86 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xb6 h1b yb87 ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">718,<span class=\"_ _5\"/>6<span class=\"_ _eb\"> </span><span class=\"ls20 ws22\">16<span class=\"_ _5\"/>6,8<span class=\"_ _11e\"> </span><span class=\"ls13 ws15\">222,0<span class=\"_ _11e\"> </span><span class=\"ls7 ws8\">126,0<span class=\"_ _10d\"> </span><span class=\"ls1d ws1f\">54,0<span class=\"_ _21d\"> </span><span class=\"lsd2 wsf2\">1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>2<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3</span></span></span></span></span></div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc yb88 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb89 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb88 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb89 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb88 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb8a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">R\u00c9\u00c9VALUA<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x7 hf yb8b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb8c ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb8b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x44 h1b yb8d ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb8e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb8f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb90 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd yb91 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb92 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb93 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yb94 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x44 h1b yb95 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hf yb96 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb97 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb96 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x44 h1b yb98 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb99 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb9a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb9b ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd yb9c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb9d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb9e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yb9f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x44 h1b yba0 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n\n<div class=\"t m0 x7 hc yba1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yba2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yba1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yba2 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yba1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yba3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TISS<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT<span class=\"_ _5\"/>S ET RE<span class=\"_ _5\"/>DUC<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>NS DE</div>\n<div class=\"t m0 x7 hc yba4 ff5 fs7 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">VALEU<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x7 hf yba5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yba6 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yba5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xbb h1b yba7 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>9<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>18<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4)<span class=\"_ _91\"> </span>(16<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"lsd4 wsf5\">(4<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>9)<span class=\"_ _10a\"> </span><span class=\"ls2b ws2d\">(21<span class=\"_ _5\"/>,0)<span class=\"_ _91\"> </span></span>(42<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd yba8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yba9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yba8 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd ybaa ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>0<span class=\"_ _bc\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,3)<span class=\"_ _21a\"> </span><span class=\"ls14 ws16\">1,6<span class=\"_ _42\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybab ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _36\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _2\"/>2<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,8<span class=\"_ _21a\"> </span><span class=\"ls1b ws1d\">1,7<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _105\"> </span><span class=\"ls1b ws1d\">19,7</span></span></span></div>\n<div class=\"t m0 x7 hd ybac ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _11d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _107\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _107\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,7<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _d\"/>,1)<span class=\"_ _bc\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,9)<span class=\"_ _d4\"> </span>(42<span class=\"_ _5\"/>,9)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybad ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _10b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,4<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _ba\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,4)<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,0</span></span></div>\n<div class=\"t m0 x7 hd ybae ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s classifi\u00e9s comme d\u00e9tenus<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hd ybaf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en v<span class=\"_ _5\"/>ue de la ve<span class=\"_ _5\"/>nte ou co<span class=\"_ _5\"/>mme</div>\n<div class=\"t m0 x7 hd ybb0 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">immeuble<span class=\"_ _d\"/> e plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4a hd ybb1 ff4 fs8 fc2 sc0 ls1d ws1f\" style=\"z-index: 15;\">28,3<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,9<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _80\"> </span></span>4,6<span class=\"_ _42\"> </span>34,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ybb2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _1d8\"> </span><span class=\"ls90 wsa4\">(0,1)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bc\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>,4)<span class=\"_ _ba\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>8)<span class=\"_ _ba\"> </span><span class=\"ls2b ws2d\">(5,9)</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybb3 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _ba\"> </span>(0,0)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></span></div>\n<div class=\"t m0 x7 hf ybb4 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xbb h1b ybb5 ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(32<span class=\"_ _5\"/>,4)<span class=\"_ _94\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2)<span class=\"_ _91\"> </span>(1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _d\"/>52,1<span class=\"_ _d\"/>)<span class=\"_ _1cc\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>20,<span class=\"_ _5\"/>5)<span class=\"_ _109\"> </span><span class=\"lsd2 wsf2\">(4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 65px; height: 312px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 65px; height: 1019px; width: 88%; z-index: 5;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb77 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb78 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xbb h1b yb7c ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(32<span class=\"_ _5\"/>,4)<span class=\"_ _94\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2)<span class=\"_ _91\"> </span>(1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _d\"/>52,1<span class=\"_ _d\"/>)<span class=\"_ _1cc\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>20,<span class=\"_ _5\"/>5)<span class=\"_ _109\"> </span><span class=\"lsd2 wsf2\">(4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yb7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd ybb6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yb7d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb7f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls28 ws2a\">5,4<span class=\"_ _20a\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _5\"/>6<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,5<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _42\"> </span></span></span>2<span class=\"_ _5\"/>3,4</span></div>\n<div class=\"t m0 x7 hd yb80 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _30\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb81 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _11d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ac\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3)<span class=\"_ _d4\"> </span>(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls90 wsa4\">(4,6<span class=\"_ _5\"/>)<span class=\"_ _d4\"> </span><span class=\"ls42 ws4c\">(42,<span class=\"_ _1\"/>7)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb82 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _10b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd ybb7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ybb8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ybb9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd ybba ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,1<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _80\"> </span>0,1</div>\n<div class=\"t m0 x7 hd ybbb ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _ba\"> </span><span class=\"ls17 ws19\">(2,<span class=\"_ _5\"/>6)<span class=\"_ _bc\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _42\"> </span>(0,7<span class=\"_ _5\"/>)<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ybbc ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>1<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _ba\"> </span>(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span></span>0,1<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _42\"> </span>(0,0)</span></span></div>\n<div class=\"t m0 x7 hf ybbd ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xb6 h1b ybbe ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>27,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>0)<span class=\"_ _21f\"> </span>(18<span class=\"_ _5\"/>5<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"lsdb wsfb\">(6<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>9)<span class=\"_ _10a\"> </span><span class=\"ls9d wsaf\">(<span class=\"_ _d\"/>25,8<span class=\"_ _1\"/>)<span class=\"_ _91\"> </span><span class=\"lsd4 wsf5\">(43<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>6)</span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 785px; height: 299px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc ybbf ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc ybc0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc ybbf ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL</span></div>\n<div class=\"t m0 x47 hc ybc0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">RELATIONS</div>\n<div class=\"t m0 x184 hc ybbf ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">CLIENT\u00c8LE</div>\n<div class=\"t m0 x132 hc ybc0 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc ybbf ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc ybc1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR N<span class=\"_ _5\"/>ET<span class=\"_ _5\"/>TE COM<span class=\"_ _5\"/>PTA<span class=\"_ _5\"/>BLE</div>\n<div class=\"t m0 x7 hd ybc2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>1<span class=\"_ _133\"> </span><span class=\"ls1b ws1d\">619<span class=\"_ _5\"/>,7 <span class=\"_ _10d\"> </span></span>43,<span class=\"_ _5\"/>6 <span class=\"_ _10d\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> <span class=\"_ _10d\"> </span></span>69,<span class=\"_ _5\"/>3 <span class=\"_ _bc\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/> <span class=\"_ _1cf\"> </span>7<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/> </span></div>\n<div class=\"t m0 x7 hd ybc3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2<span class=\"_ _220\"> </span><span class=\"ls23 ws25\">6<span class=\"_ _5\"/>91,<span class=\"_ _5\"/>6 <span class=\"_ _af\"> </span></span>3<span class=\"_ _5\"/>4,8 <span class=\"_ _10d\"> </span><span class=\"ls1d ws1f\">36,1 <span class=\"_ _af\"> </span></span>6<span class=\"_ _5\"/>5,1 <span class=\"_ _af\"> </span>2<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2 <span class=\"_ _eb\"> </span><span class=\"ls7 ws8\">855,<span class=\"_ _5\"/>8</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 627px; height: 457px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent et de d<span class=\"_ _5\"/>\u00e9pr\u00e9<span class=\"_ _5\"/>ciatio<span class=\"_ _5\"/>n se so<span class=\"_ _5\"/>nt \u00e9lev\u00e9<span class=\"_ _5\"/>es \u00e0 42,7 mEUR en 20<span class=\"_ _5\"/>22 et s<span class=\"_ _5\"/>ont simi<span class=\"_ _5\"/>laires \u00e0 c<span class=\"_ _5\"/>elles d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>\u00e9e der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>41,9</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls39 ws41\" style=\"z-index: 15;\">mEU<span class=\"_ _5\"/>R).  </div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur s<span class=\"_ _5\"/>ont re<span class=\"_ _5\"/>pris da<span class=\"_ _5\"/>ns la se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on \u201cD\u00e9<span class=\"_ _5\"/>pr\u00e9ci<span class=\"_ _5\"/>ations e<span class=\"_ _5\"/>t amor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>s\u201d du co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 537px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc yb0a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc yb0b ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc yb0c ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc yb0d ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x90 hc yb0e ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x139 hc yb0f ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x171 hc yb10 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EQUIPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc yb11 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x51 hc yb12 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x34 hc yb13 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x1c hc yb14 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x3c hc yb15 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 xd7 hc yb16 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xdd hc yb17 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17 hc yb18 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x131 hc yb19 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x12a hc yb1a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">TIONS C<span class=\"_ _d\"/>OR<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd0 hc yb1b ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">PORELLE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 xb4 hc yb1c ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc yb1d ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">S<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ONS<span class=\"_ _5\"/> </div>\n<div class=\"t m0 x57 hc yb1e ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xb4 hc yb1f ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L.</div>\n<div class=\"t m0 x65 hc yb20 ff5 fs7 fc2 sc0 ls54 ws65\" style=\"z-index: 15;\">ROU)</div>\n<div class=\"t m0 xa3 hc yb21 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TIT<span class=\"_ _1\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa9 hc yb22 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">RE D<span class=\"_ _5\"/>E DRO<span class=\"_ _5\"/>IT</div>\n<div class=\"t m0 x9b hc yb23 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'UTILISATI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x178 hc yb24 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON (R<span class=\"_ _5\"/>OU)<span class=\"_ _96\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb25 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR N<span class=\"_ _5\"/>ET<span class=\"_ _5\"/>TE COM<span class=\"_ _5\"/>PTA<span class=\"_ _5\"/>BLE</div>\n<div class=\"t m0 x7 hd yb26 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>1<span class=\"_ _cb\"> </span>22<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5 <span class=\"_ _84\"> </span><span class=\"lsba wsda\">133,9 <span class=\"_ _96\"> </span></span>19<span class=\"_ _5\"/>4,1 <span class=\"_ _84\"> </span>1<span class=\"_ _5\"/>23<span class=\"_ _5\"/>,2 <span class=\"_ _44\"> </span><span class=\"lsbc ws51\">41,<span class=\"_ _5\"/>9 <span class=\"_ _96\"> </span></span>7<span class=\"_ _5\"/>21,<span class=\"_ _5\"/>6 <span class=\"_ _96\"> </span><span class=\"lsbc ws51\">5<span class=\"_ _5\"/>41,<span class=\"_ _5\"/>9 <span class=\"_ _6c\"> </span></span>1.<span class=\"_ _5\"/>263<span class=\"_ _5\"/>,5</div>\n<div class=\"t m0 x7 hd yb27 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2<span class=\"_ _cb\"> </span>2<span class=\"_ _5\"/>35<span class=\"_ _5\"/>,4 <span class=\"_ _96\"> </span><span class=\"ls90 wsa4\">143<span class=\"_ _5\"/>,2<span class=\"_ _5\"/> <span class=\"_ _96\"> </span></span>195<span class=\"_ _5\"/>,6 <span class=\"_ _96\"> </span>126<span class=\"_ _5\"/>,8 <span class=\"_ _8a\"> </span>6<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>8 <span class=\"_ _96\"> </span><span class=\"ls90 wsa4\">76<span class=\"_ _5\"/>4,8<span class=\"_ _5\"/> <span class=\"_ _84\"> </span></span>63<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2 <span class=\"_ _71\"> </span><span class=\"ls25 ws27\">1.<span class=\"_ _5\"/>398,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 954px; height: 130px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 954px; height: 130px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ya8b ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc ya8c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc ya8d ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc ya8e ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x171 hc ya8f ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc ya90 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x5b hc ya91 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EQUIPEMENTS</div>\n<div class=\"t m0 xcc hc ya92 ff5 fs7 fc2 sc0 lse7 ws3d\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x5f hc ya93 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x36 hc ya94 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x39 hc ya95 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x11f hc ya96 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x179 hc ya97 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17a hc ya98 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S IMM<span class=\"_ _5\"/>O<span class=\"ff7\">-</span></div>\n<div class=\"t m0 x17b hc ya99 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">BILISATIONS</div>\n<div class=\"t m0 x17a hc ya9a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPORELLES</div>\n<div class=\"t m0 x67 hc ya9b ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISATI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc ya9c ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">ONS C<span class=\"_ _d\"/>ORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa8 hc ya9d ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L. R<span class=\"_ _5\"/>OU)</div>\n<div class=\"t m0 xaa hc ya9e ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TITRE<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x10e hc ya9f ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE D<span class=\"_ _5\"/>ROI<span class=\"_ _5\"/>T D'UT<span class=\"_ _5\"/>I-</div>\n<div class=\"t m0 x17c hc yaa0 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">LISATION<span class=\"_ _d\"/> (ROU)<span class=\"_ _73\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hc yaa1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">R\u00c9\u00c9VALUA<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x7 hf yaa2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yaa3 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yaa2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x16f hd yaa4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaa5 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x170 hd yaa4 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">7,<span class=\"_ _5\"/>4<span class=\"_ _20a\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _10c\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _95\"> </span></span>7,<span class=\"_ _5\"/>4</div>\n<div class=\"t m0 x7 hd yaa6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yaa7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yaa8 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x16f hd yaa9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaaa ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaa9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yaab ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x16f hd yaac ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaab ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaac ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yaad ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x16f hd yaae ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaad ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaae ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hf yaaf ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x111 h1b yab0 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _1cc\"> </span>0,0<span class=\"_ _205\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1cc\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _5\"/>4<span class=\"_ _105\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _84\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _2\"/>4</span></div>\n<div class=\"t m0 x7 hf yab1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yab2 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yab1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x111 h1b yab3 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _1cc\"> </span>0,0<span class=\"_ _205\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1cc\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _5\"/>4<span class=\"_ _105\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _84\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _2\"/>4</span></div>\n<div class=\"t m0 x7 hd yab4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us \u00e0</div>\n<div class=\"t m0 x7 hd yab5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la ve<span class=\"_ _5\"/>nte ou co<span class=\"_ _5\"/>mme imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x7 hd yab6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">placement</div>\n<div class=\"t m0 x16f hd yab7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yab8 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yab7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yab9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s acqu<span class=\"_ _5\"/>is suit<span class=\"_ _5\"/>e \u00e0 des ac<span class=\"_ _5\"/>quis<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x7 hd yaba ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">de soci\u00e9t\u00e9s</div>\n<div class=\"t m0 x16f hd yabb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yab9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yabb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yabc ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x16f hd yabd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yabc ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yabd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yabe ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x16f hd yabf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yabe ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yabf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hf yac0 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x111 h1b yac1 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _1cc\"> </span>0,0<span class=\"_ _205\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1cc\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _5\"/>4<span class=\"_ _105\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _84\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _2\"/>4</span></div>\n<div class=\"t m0 x7 hc yac2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc yac3 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc yac4 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc yac5 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x171 hc yac6 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc yac7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x5b hc yac8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EQUIPEMENTS</div>\n<div class=\"t m0 xcc hc yac9 ff5 fs7 fc2 sc0 lse7 ws3d\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x5f hc yaca ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x36 hc yacb ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x39 hc yacc ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x11f hc yacd ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x179 hc yace ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17a hc yacf ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S IMM<span class=\"_ _5\"/>O<span class=\"ff7\">-</span></div>\n<div class=\"t m0 x17b hc yad0 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">BILISATIONS</div>\n<div class=\"t m0 x17a hc yad1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPORELLES</div>\n<div class=\"t m0 x67 hc yad2 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISATI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc yad3 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">ONS C<span class=\"_ _d\"/>ORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa8 hc yad4 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L. R<span class=\"_ _5\"/>OU)</div>\n<div class=\"t m0 xaa hc yad5 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TITRE<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x10e hc yad6 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE D<span class=\"_ _5\"/>ROI<span class=\"_ _5\"/>T D'UT<span class=\"_ _5\"/>I-</div>\n<div class=\"t m0 x17c hc yad7 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">LISATION<span class=\"_ _d\"/> (ROU)<span class=\"_ _73\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hc yad8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TISS<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT<span class=\"_ _5\"/>S ET RE<span class=\"_ _5\"/>DUC<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>NS DE</div>\n<div class=\"t m0 x7 hc yad9 ff5 fs7 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">VALEU<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x7 hf yada ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yadb ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yada ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xcb h1b yadc ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(361<span class=\"_ _5\"/>,4)<span class=\"_ _93\"> </span><span class=\"ls20 ws22\">(311<span class=\"_ _5\"/>,7)<span class=\"_ _e1\"> </span>(316,7)<span class=\"_ _76\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>3)<span class=\"_ _ef\"> </span><span class=\"lsd4 wsf5\">(<span class=\"_ _5\"/>3,7)<span class=\"_ _13f\"> </span><span class=\"ls2e ws30\">(<span class=\"_ _d\"/>1.126,7<span class=\"_ _d\"/>)<span class=\"_ _20b\"> </span><span class=\"ls45 ws4a\">(19<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _78\"> </span><span class=\"ls23 ws25\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>32<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,0)</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yadd ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yade ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x16f hd yadf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yadd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yadf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yae0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions</div>\n<div class=\"t m0 x16f hd yae1 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,1<span class=\"_ _91\"> </span><span class=\"ls42 ws4c\">1<span class=\"_ _5\"/>2,9<span class=\"_ _79\"> </span><span class=\"ls2b ws2d\">31,<span class=\"_ _5\"/>1</span></span></div>\n<div class=\"t m0 xb2 hd yae0 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">7,<span class=\"_ _5\"/>9</div>\n<div class=\"t m0 x17d hd yae1 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _107\"> </span><span class=\"ls1f ws21\">52,0<span class=\"_ _107\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>5<span class=\"_ _6e\"> </span><span class=\"ls1a ws1c\">70<span class=\"_ _5\"/>,5</span></span></span></div>\n<div class=\"t m0 x7 hd yae2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x16f hd yae3 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>,7<span class=\"_ _201\"> </span></span>0,<span class=\"_ _5\"/>3</div>\n<div class=\"t m0 xb2 hd yae2 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,2</div>\n<div class=\"t m0 x17d hd yae3 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _42\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>2<span class=\"_ _42\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _96\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>2</span></span></span></div>\n<div class=\"t m0 x7 hd yae4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de</div>\n<div class=\"t m0 x7 hd yae5 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">valeur</div>\n<div class=\"t m0 x4c hd yae6 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _90\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _5\"/>)<span class=\"_ _20c\"> </span><span class=\"ls90 wsa4\">(43<span class=\"_ _5\"/>,5<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7c hd yae4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">(20,5)</div>\n<div class=\"t m0 x17e hd yae6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>02<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _138\"> </span>(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>2,6<span class=\"_ _5\"/>)<span class=\"_ _18b\"> </span><span class=\"ls17 ws19\">(22<span class=\"_ _5\"/>5,6)</span></span></div>\n<div class=\"t m0 x7 hd yae7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yae8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yae9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4e hd yaea ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">15,4<span class=\"_ _109\"> </span><span class=\"ls43 ws4d\">11,1<span class=\"_ _201\"> </span><span class=\"ls42 ws4c\">2,5</span></span></div>\n<div class=\"t m0 xb2 hd yaeb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaea ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _107\"> </span><span class=\"ls17 ws19\">2<span class=\"_ _5\"/>9,1<span class=\"_ _7e\"> </span><span class=\"ls14 ws16\">21,1<span class=\"_ _6e\"> </span></span></span>50,<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x7 hd yaec ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x48 hd yaed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _94\"> </span>(0,<span class=\"_ _5\"/>2)<span class=\"_ _93\"> </span><span class=\"ls22 ws24\">(6<span class=\"_ _5\"/>,3)</span></div>\n<div class=\"t m0 x18 hd yaec ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x17e hd yaed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _d4\"> </span><span class=\"ls2b ws2d\">(6,<span class=\"_ _5\"/>9)<span class=\"_ _1cf\"> </span>(6<span class=\"_ _5\"/>,6)<span class=\"_ _e1\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>6)</span></span></div>\n<div class=\"t m0 x7 hd yaee ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x16f hd yaef ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">6,6<span class=\"_ _200\"> </span><span class=\"ls1b ws1d\">3<span class=\"_ _5\"/>,7<span class=\"_ _201\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x17f hd yaee ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">(6,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x17d hd yaef ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span><span class=\"ls14 ws16\">4,1<span class=\"_ _1cf\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>5)<span class=\"_ _6e\"> </span><span class=\"ls22 ws24\">(0,4)</span></span></span></div>\n<div class=\"t m0 x7 hf yaf0 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xcb h1b yaf1 ff7 fs8 fc3 sc0 ls49 ws57\" style=\"z-index: 15;\">(350<span class=\"_ _d\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>08<span class=\"_ _5\"/>,8)<span class=\"_ _e1\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>32<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _76\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>6)<span class=\"_ _206\"> </span></span></span>(3<span class=\"_ _5\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>14<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _20b\"> </span><span class=\"ls86 ws50\">(28<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>4)<span class=\"_ _78\"> </span><span class=\"ls26 ws28\">(<span class=\"_ _d\"/>1.436,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hf yaf2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yaf3 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yaf2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xcb h1b yaf4 ff7 fs8 fc3 sc0 ls49 ws57\" style=\"z-index: 15;\">(350<span class=\"_ _d\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>08<span class=\"_ _5\"/>,8)<span class=\"_ _e1\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>32<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _76\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>6)<span class=\"_ _206\"> </span></span></span>(3<span class=\"_ _5\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>14<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _20b\"> </span><span class=\"ls86 ws50\">(28<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>4)<span class=\"_ _78\"> </span><span class=\"ls26 ws28\">(<span class=\"_ _d\"/>1.436,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yaf5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yaf6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x4c hd yaf7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">(20,5)<span class=\"_ _90\"> </span><span class=\"ls1b ws1d\">(11<span class=\"_ _5\"/>,7)<span class=\"_ _93\"> </span><span class=\"ls0 ws0\">(<span class=\"_ _5\"/>2,2)</span></span></div>\n<div class=\"t m0 xb2 hd yaf5 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaf7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _13b\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>4,4)<span class=\"_ _105\"> </span></span>0,0<span class=\"_ _e1\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>4,4)</span></div>\n<div class=\"t m0 x7 hd yaf8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions</div>\n<div class=\"t m0 x4e hd yaf9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">20,0<span class=\"_ _109\"> </span><span class=\"ls1d ws1f\">36,<span class=\"_ _d\"/>0<span class=\"_ _79\"> </span><span class=\"ls28 ws2a\">33,6</span></span></div>\n<div class=\"t m0 xb2 hd yaf8 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">4,1</div>\n<div class=\"t m0 x17d hd yaf9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _7e\"> </span><span class=\"ls1b ws1d\">93<span class=\"_ _5\"/>,7<span class=\"_ _107\"> </span><span class=\"ls3b ws43\">45,<span class=\"_ _5\"/>2<span class=\"_ _e1\"> </span><span class=\"lsba wsda\">138,9</span></span></span></div>\n<div class=\"t m0 x7 hd yafa ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x16f hd yafb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yafa ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yafb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yafc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de</div>\n<div class=\"t m0 x7 hd yafd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">valeur</div>\n<div class=\"t m0 x4c hd yafe ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _64\"> </span><span class=\"ls0 ws0\">(26<span class=\"_ _5\"/>,2)<span class=\"_ _e7\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7c hd yafc ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">(24,<span class=\"_ _5\"/>3)</div>\n<div class=\"t m0 x17d hd yafe ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _138\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,2<span class=\"_ _5\"/>)<span class=\"_ _136\"> </span>(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)<span class=\"_ _18b\"> </span><span class=\"ls22 ws24\">(24<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>4)</span></span></div>\n<div class=\"t m0 x7 hd yaff ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb00 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb01 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x16f hd yb02 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">9,7<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _201\"> </span>0,0</span></div>\n<div class=\"t m0 x17f hd yb03 ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">(0,4)</div>\n<div class=\"t m0 x17d hd yb02 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _42\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>5<span class=\"_ _105\"> </span></span>0,9<span class=\"_ _43\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yb04 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x48 hd yb05 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _4c\"> </span><span class=\"ls1b ws1d\">(5,7<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x17f hd yb04 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,<span class=\"_ _5\"/>2)</div>\n<div class=\"t m0 x17d hd yb05 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1cf\"> </span><span class=\"ls2b ws2d\">(6<span class=\"_ _5\"/>,0)<span class=\"_ _1cf\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,5)<span class=\"_ _ab\"> </span><span class=\"ls1b ws1d\">(10,<span class=\"_ _5\"/>5<span class=\"_ _5\"/>)</span></span></span></div>\n<div class=\"t m0 x7 hd yb06 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x48 hd yb07 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,6<span class=\"_ _5\"/>)<span class=\"_ _4c\"> </span><span class=\"ls0 ws0\">(0,0)</span></span></div>\n<div class=\"t m0 xb2 hd yb06 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">5,8</div>\n<div class=\"t m0 x17d hd yb07 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1cf\"> </span><span class=\"ls0 ws0\">(2,<span class=\"_ _5\"/>8)<span class=\"_ _105\"> </span></span>0,4<span class=\"_ _69\"> </span><span class=\"ls22 ws24\">(2,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x7 hf yb08 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xcb h1b yb09 ff7 fs8 fc3 sc0 lse8 ws10b\" style=\"z-index: 15;\">(36<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>2)<span class=\"_ _13f\"> </span><span class=\"lsd8 wsfa\">(3<span class=\"_ _d\"/>12,1<span class=\"_ _d\"/>)<span class=\"_ _86\"> </span><span class=\"lsdb wsfb\">(<span class=\"_ _5\"/>352<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9)<span class=\"_ _68\"> </span><span class=\"lsd2 wsf2\">(<span class=\"_ _5\"/>1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5<span class=\"_ _5\"/>)<span class=\"_ _206\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls2e ws30\">(1.196,5)<span class=\"_ _64\"> </span><span class=\"ls86 ws50\">(38<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>6)<span class=\"_ _6f\"> </span><span class=\"ls9f wsb1\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>5<span class=\"_ _5\"/>81<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)</span></span></span></span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 45px; height: 1060px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 45px; height: 1060px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent et de d<span class=\"_ _5\"/>\u00e9pr\u00e9<span class=\"_ _5\"/>ciatio<span class=\"_ _5\"/>n li\u00e9e<span class=\"_ _5\"/>s aux imm<span class=\"_ _5\"/>obilis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns corp<span class=\"_ _5\"/>orell<span class=\"_ _5\"/>es se s<span class=\"_ _5\"/>ont \u00e9le<span class=\"_ _5\"/>v\u00e9es \u00e0 24<span class=\"_ _5\"/>6,4 m<span class=\"_ _5\"/>EUR et ont au<span class=\"_ _5\"/>gment\u00e9 d<span class=\"_ _5\"/>e 20,9</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mEUR pa<span class=\"_ _5\"/>r rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t \u00e0 l'ann\u00e9e d<span class=\"_ _5\"/>erni\u00e8<span class=\"_ _5\"/>re. Ce<span class=\"_ _5\"/>tte au<span class=\"_ _5\"/>gment<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n s'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>e princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par l'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts de<span class=\"_ _5\"/>s ins<span class=\"_ _5\"/>talla<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns et de<span class=\"_ _5\"/>s \u00e9quip<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts ai<span class=\"_ _5\"/>nsi que de<span class=\"_ _5\"/>s loc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s, qui on<span class=\"_ _5\"/>t resp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tivem<span class=\"_ _5\"/>ent aug<span class=\"_ _5\"/>ment\u00e9 d<span class=\"_ _5\"/>e 3,7 mEUR et de 1<span class=\"_ _5\"/>5,6 mEUR<span class=\"_ _5\"/>, en ra<span class=\"_ _5\"/>ison d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n du nomb<span class=\"_ _5\"/>re d'entre<span class=\"_ _5\"/>p\u00f4t<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 867px; height: 65px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag160": {
   "value": "\n<div class=\"t m0 x7 hc ya4d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc ya4e ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc ya4f ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc ya50 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x90 hc ya51 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x139 hc ya52 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x171 hc ya53 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EQUIPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc ya54 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x51 hc ya55 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x34 hc ya56 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x1c hc ya57 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x3c hc ya58 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 xd7 hc ya59 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xdd hc ya5a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17 hc ya5b ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x131 hc ya5c ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x12a hc ya5d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">TIONS C<span class=\"_ _d\"/>OR<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd0 hc ya5e ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">PORELLE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 xb4 hc ya5f ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc ya60 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">S<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ONS<span class=\"_ _5\"/> </div>\n<div class=\"t m0 x57 hc ya61 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xb4 hc ya62 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L.</div>\n<div class=\"t m0 x65 hc ya63 ff5 fs7 fc2 sc0 ls54 ws65\" style=\"z-index: 15;\">ROU)</div>\n<div class=\"t m0 xa3 hc ya64 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TIT<span class=\"_ _1\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa9 hc ya65 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">RE D<span class=\"_ _5\"/>E DRO<span class=\"_ _5\"/>IT</div>\n<div class=\"t m0 x9b hc ya66 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'UTILISATI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x178 hc ya67 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON (R<span class=\"_ _5\"/>OU)<span class=\"_ _96\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc ya68 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">CO\u00db<span class=\"_ _5\"/>TS D'ACQ<span class=\"_ _5\"/>UIS<span class=\"_ _5\"/>ITI<span class=\"_ _5\"/>ON</div>\n<div class=\"t m0 x7 hf ya69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 ya6a ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf ya69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x15a h1b ya6b ff7 fs8 fc3 sc0 ls2e ws30\" style=\"z-index: 15;\">606,3<span class=\"_ _97\"> </span><span class=\"lsd4 wsf5\">45<span class=\"_ _5\"/>3,7<span class=\"_ _96\"> </span><span class=\"ls49 ws57\">482,<span class=\"_ _5\"/>2<span class=\"_ _96\"> </span></span></span>228,4<span class=\"_ _8a\"> </span><span class=\"ls25 ws27\">32<span class=\"_ _5\"/>,4<span class=\"_ _8e\"> </span><span class=\"ls7 ws8\">1.803<span class=\"_ _5\"/>,0<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">650,5<span class=\"_ _8e\"> </span></span></span>2<span class=\"_ _5\"/>.453,5</span></div>\n<div class=\"t m0 x7 hd ya6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">3,7<span class=\"_ _1c6\"> </span><span class=\"ls20 ws22\">26,9<span class=\"_ _205\"> </span><span class=\"ls28 ws2a\">53,6<span class=\"_ _205\"> </span><span class=\"ls3b ws43\">45,2<span class=\"_ _205\"> </span></span>18,1<span class=\"_ _79\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>4<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6<span class=\"_ _4c\"> </span><span class=\"ls22 ws24\">164,<span class=\"_ _5\"/>4<span class=\"_ _93\"> </span><span class=\"ls2b ws2d\">311,<span class=\"_ _5\"/>9</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya6d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions via regroupements</div>\n<div class=\"t m0 x7 hd ya6e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>entreprises</div>\n<div class=\"t m0 x16f hd ya6d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0</div>\n<div class=\"t m0 x7 hd ya6f ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Ajustements<span class=\"_ _1ee\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _205\"> </span><span class=\"ls25 ws27\">68,0<span class=\"_ _205\"> </span>68,0</span></span></div>\n<div class=\"t m0 x7 hd ya70 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _207\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _97\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _95\"> </span><span class=\"ls0 ws0\">(31,<span class=\"_ _5\"/>5)<span class=\"_ _44\"> </span></span></span>(8<span class=\"_ _5\"/>,1)<span class=\"_ _206\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _95\"> </span><span class=\"ls2b ws2d\">(52<span class=\"_ _5\"/>,6)<span class=\"_ _95\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>0,4)<span class=\"_ _95\"> </span></span>(8<span class=\"_ _5\"/>3,0)</span></span></span></div>\n<div class=\"t m0 x7 hd ya71 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _108\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _b0\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>0)<span class=\"_ _44\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,4)<span class=\"_ _44\"> </span></span></span></span>(0,<span class=\"_ _5\"/>5)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _b0\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>8)<span class=\"_ _44\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>3)<span class=\"_ _13f\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>,1)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya72 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ya73 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ya74 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4c hd ya75 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">(22,7)<span class=\"_ _97\"> </span><span class=\"ls18 ws1a\">(20,7)<span class=\"_ _44\"> </span></span>(2,7)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _44\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _97\"> </span>(4<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2)<span class=\"_ _95\"> </span><span class=\"ls0 ws0\">(3<span class=\"_ _5\"/>9,2)<span class=\"_ _95\"> </span><span class=\"ls22 ws24\">(8<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>4)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya76 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _138\"> </span>0,4<span class=\"_ _205\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>,1<span class=\"_ _138\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _138\"> </span><span class=\"ls14 ws16\">1,1<span class=\"_ _1c6\"> </span><span class=\"ls1b ws1d\">19<span class=\"_ _5\"/>,7<span class=\"_ _1c6\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3<span class=\"_ _201\"> </span>3<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya77 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _c7\"> </span><span class=\"ls2b ws2d\">(8,<span class=\"_ _5\"/>2)<span class=\"_ _b0\"> </span><span class=\"ls0 ws0\">(0,6)<span class=\"_ _206\"> </span><span class=\"ls17 ws19\">9,1<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">8<span class=\"_ _5\"/>,7<span class=\"_ _97\"> </span>(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2)<span class=\"_ _44\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,3)<span class=\"_ _206\"> </span><span class=\"ls7 ws8\">5,0<span class=\"_ _206\"> </span></span></span>0,7</span></span></span></span></div>\n<div class=\"t m0 x7 hf ya78 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x15a h1b ya79 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">579,<span class=\"_ _5\"/>3<span class=\"_ _96\"> </span><span class=\"ls2c ws2e\">442,<span class=\"_ _5\"/>8<span class=\"_ _96\"> </span><span class=\"ls3b ws43\">526,4<span class=\"_ _97\"> </span><span class=\"ls43 ws4d\">275,8<span class=\"_ _77\"> </span><span class=\"ls49 ws57\">38,<span class=\"_ _5\"/>2<span class=\"_ _e3\"> </span><span class=\"lse6 ws10a\">1.862,4<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">830,<span class=\"_ _5\"/>3<span class=\"_ _71\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>.6<span class=\"_ _5\"/>92<span class=\"_ _5\"/>,7</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 ya7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf ya7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x15a h1b ya7c ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">579,<span class=\"_ _5\"/>3<span class=\"_ _96\"> </span><span class=\"ls2c ws2e\">442,<span class=\"_ _5\"/>8<span class=\"_ _96\"> </span><span class=\"ls3b ws43\">526,4<span class=\"_ _97\"> </span><span class=\"ls43 ws4d\">275,8<span class=\"_ _77\"> </span><span class=\"ls49 ws57\">38,<span class=\"_ _5\"/>2<span class=\"_ _e3\"> </span><span class=\"lse6 ws10a\">1.862,4<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">830,<span class=\"_ _5\"/>3<span class=\"_ _71\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>.6<span class=\"_ _5\"/>92<span class=\"_ _5\"/>,7</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">1,0<span class=\"_ _205\"> </span>3<span class=\"_ _5\"/>4,4<span class=\"_ _1c6\"> </span><span class=\"lsbc ws51\">41,7<span class=\"_ _1c6\"> </span><span class=\"ls1b ws1d\">28<span class=\"_ _5\"/>,7<span class=\"_ _205\"> </span><span class=\"ls18 ws1a\">40,<span class=\"_ _5\"/>3<span class=\"_ _13f\"> </span><span class=\"ls90 wsa4\">14<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>1<span class=\"_ _93\"> </span><span class=\"ls22 ws24\">163<span class=\"_ _5\"/>,4<span class=\"_ _13f\"> </span><span class=\"ls17 ws19\">3<span class=\"_ _5\"/>09,<span class=\"_ _5\"/>5</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya7e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions via regroupements</div>\n<div class=\"t m0 x7 hd ya7f ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>entreprises</div>\n<div class=\"t m0 x48 hd ya7e ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">20,5<span class=\"_ _205\"> </span><span class=\"ls42 ws4c\">12,2<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>,7<span class=\"_ _138\"> </span></span></span>0,0<span class=\"_ _206\"> </span>0,1<span class=\"_ _b0\"> </span><span class=\"ls7 ws8\">3<span class=\"_ _5\"/>5,5<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _205\"> </span><span class=\"ls7 ws8\">35,5</span></div>\n<div class=\"t m0 x7 hd ya80 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Ajustements<span class=\"_ _1ee\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _1c6\"> </span><span class=\"ls12 ws14\">6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _201\"> </span>6<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8</span></span></div>\n<div class=\"t m0 x7 hd ya81 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _208\"> </span><span class=\"ls18 ws1a\">(20,0)<span class=\"_ _97\"> </span><span class=\"ls1d ws1f\">(36,0)<span class=\"_ _95\"> </span><span class=\"ls0 ws0\">(37,5)<span class=\"_ _b0\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>6)<span class=\"_ _138\"> </span></span></span></span>0,0<span class=\"_ _97\"> </span><span class=\"ls2b ws2d\">(9<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2)<span class=\"_ _13f\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>7<span class=\"_ _5\"/>)<span class=\"_ _92\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>55<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ya82 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _1cc\"> </span>(0,0<span class=\"_ _5\"/>)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _44\"> </span></span>(0<span class=\"_ _5\"/>,0)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _206\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ya83 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ya84 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ya85 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4c hd ya86 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,4)<span class=\"_ _138\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>2<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _136\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _97\"> </span></span>(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>2)<span class=\"_ _206\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _95\"> </span></span>(1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>2)</div>\n<div class=\"t m0 x7 hd ya87 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _44\"> </span><span class=\"ls0 ws0\">(0,2)<span class=\"_ _205\"> </span><span class=\"ls26 ws28\">13,8<span class=\"_ _138\"> </span><span class=\"ls14 ws16\">1,2<span class=\"_ _138\"> </span>1,<span class=\"_ _5\"/>2<span class=\"_ _205\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>0<span class=\"_ _205\"> </span><span class=\"ls1b ws1d\">1<span class=\"_ _5\"/>5,7<span class=\"_ _1c6\"> </span><span class=\"ls2b ws2d\">31,8</span></span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ya88 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _209\"> </span><span class=\"ls20 ws22\">26,<span class=\"_ _5\"/>2<span class=\"_ _138\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _136\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>3<span class=\"_ _44\"> </span><span class=\"ls1b ws1d\">(6<span class=\"_ _5\"/>,7)<span class=\"_ _13f\"> </span><span class=\"ls17 ws19\">(19,6)<span class=\"_ _206\"> </span><span class=\"ls3b ws43\">3,1<span class=\"_ _b0\"> </span></span></span>(0,7<span class=\"_ _5\"/>)<span class=\"_ _138\"> </span><span class=\"ls28 ws2a\">2,4</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ya89 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x15a h1b ya8a ff7 fs8 fc3 sc0 ls26 ws28\" style=\"z-index: 15;\">595,6<span class=\"_ _96\"> </span><span class=\"ls1f ws21\">455,3<span class=\"_ _96\"> </span><span class=\"ls9d wsaf\">548,5<span class=\"_ _84\"> </span><span class=\"ls1d ws1f\">294,<span class=\"_ _5\"/>3<span class=\"_ _8a\"> </span><span class=\"ls14 ws16\">6<span class=\"_ _5\"/>0,1<span class=\"_ _8e\"> </span><span class=\"ls25 ws27\">1<span class=\"_ _5\"/>.953,8<span class=\"_ _8e\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.018,<span class=\"_ _5\"/>8<span class=\"_ _8e\"> </span><span class=\"ls0 ws0\">2<span class=\"_ _5\"/>.97<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>6 </span></span></span></span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 450px; height: 602px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x7 hc ya8b ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc ya8c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc ya8d ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc ya8e ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x171 hc ya8f ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc ya90 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x5b hc ya91 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EQUIPEMENTS</div>\n<div class=\"t m0 xcc hc ya92 ff5 fs7 fc2 sc0 lse7 ws3d\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x5f hc ya93 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x36 hc ya94 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x39 hc ya95 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x11f hc ya96 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x179 hc ya97 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17a hc ya98 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S IMM<span class=\"_ _5\"/>O<span class=\"ff7\">-</span></div>\n<div class=\"t m0 x17b hc ya99 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">BILISATIONS</div>\n<div class=\"t m0 x17a hc ya9a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPORELLES</div>\n<div class=\"t m0 x67 hc ya9b ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISATI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc ya9c ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">ONS C<span class=\"_ _d\"/>ORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa8 hc ya9d ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L. R<span class=\"_ _5\"/>OU)</div>\n<div class=\"t m0 xaa hc ya9e ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TITRE<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x10e hc ya9f ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE D<span class=\"_ _5\"/>ROI<span class=\"_ _5\"/>T D'UT<span class=\"_ _5\"/>I-</div>\n<div class=\"t m0 x17c hc yaa0 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">LISATION<span class=\"_ _d\"/> (ROU)<span class=\"_ _73\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hc yaa1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">R\u00c9\u00c9VALUA<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x7 hf yaa2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yaa3 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yaa2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x16f hd yaa4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaa5 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x170 hd yaa4 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">7,<span class=\"_ _5\"/>4<span class=\"_ _20a\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _10c\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _95\"> </span></span>7,<span class=\"_ _5\"/>4</div>\n<div class=\"t m0 x7 hd yaa6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yaa7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yaa8 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x16f hd yaa9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaaa ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaa9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yaab ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x16f hd yaac ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaab ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaac ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yaad ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x16f hd yaae ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yaad ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaae ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hf yaaf ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x111 h1b yab0 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _1cc\"> </span>0,0<span class=\"_ _205\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1cc\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _5\"/>4<span class=\"_ _105\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _84\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _2\"/>4</span></div>\n<div class=\"t m0 x7 hf yab1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yab2 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yab1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x111 h1b yab3 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _1cc\"> </span>0,0<span class=\"_ _205\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1cc\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _5\"/>4<span class=\"_ _105\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _84\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _2\"/>4</span></div>\n<div class=\"t m0 x7 hd yab4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us \u00e0</div>\n<div class=\"t m0 x7 hd yab5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la ve<span class=\"_ _5\"/>nte ou co<span class=\"_ _5\"/>mme imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x7 hd yab6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">placement</div>\n<div class=\"t m0 x16f hd yab7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yab8 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yab7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yab9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s acqu<span class=\"_ _5\"/>is suit<span class=\"_ _5\"/>e \u00e0 des ac<span class=\"_ _5\"/>quis<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x7 hd yaba ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">de soci\u00e9t\u00e9s</div>\n<div class=\"t m0 x16f hd yabb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yab9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yabb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yabc ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x16f hd yabd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yabc ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yabd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yabe ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x16f hd yabf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yabe ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yabf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hf yac0 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x111 h1b yac1 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _1cc\"> </span>0,0<span class=\"_ _205\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1cc\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _5\"/>4<span class=\"_ _105\"> </span>7,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _84\"> </span><span class=\"lsd2 wsf2\">7,<span class=\"_ _2\"/>4</span></div>\n<div class=\"t m0 x7 hc yac2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc yac3 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc yac4 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc yac5 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x171 hc yac6 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc yac7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x5b hc yac8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EQUIPEMENTS</div>\n<div class=\"t m0 xcc hc yac9 ff5 fs7 fc2 sc0 lse7 ws3d\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x5f hc yaca ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x36 hc yacb ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x39 hc yacc ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x11f hc yacd ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x179 hc yace ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17a hc yacf ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S IMM<span class=\"_ _5\"/>O<span class=\"ff7\">-</span></div>\n<div class=\"t m0 x17b hc yad0 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">BILISATIONS</div>\n<div class=\"t m0 x17a hc yad1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPORELLES</div>\n<div class=\"t m0 x67 hc yad2 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISATI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc yad3 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">ONS C<span class=\"_ _d\"/>ORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa8 hc yad4 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L. R<span class=\"_ _5\"/>OU)</div>\n<div class=\"t m0 xaa hc yad5 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TITRE<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x10e hc yad6 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DE D<span class=\"_ _5\"/>ROI<span class=\"_ _5\"/>T D'UT<span class=\"_ _5\"/>I-</div>\n<div class=\"t m0 x17c hc yad7 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">LISATION<span class=\"_ _d\"/> (ROU)<span class=\"_ _73\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hc yad8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TISS<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT<span class=\"_ _5\"/>S ET RE<span class=\"_ _5\"/>DUC<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>NS DE</div>\n<div class=\"t m0 x7 hc yad9 ff5 fs7 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">VALEU<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x7 hf yada ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yadb ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yada ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xcb h1b yadc ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(361<span class=\"_ _5\"/>,4)<span class=\"_ _93\"> </span><span class=\"ls20 ws22\">(311<span class=\"_ _5\"/>,7)<span class=\"_ _e1\"> </span>(316,7)<span class=\"_ _76\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>3)<span class=\"_ _ef\"> </span><span class=\"lsd4 wsf5\">(<span class=\"_ _5\"/>3,7)<span class=\"_ _13f\"> </span><span class=\"ls2e ws30\">(<span class=\"_ _d\"/>1.126,7<span class=\"_ _d\"/>)<span class=\"_ _20b\"> </span><span class=\"ls45 ws4a\">(19<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _78\"> </span><span class=\"ls23 ws25\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>32<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,0)</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yadd ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yade ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x16f hd yadf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yadd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yadf ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yae0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions</div>\n<div class=\"t m0 x16f hd yae1 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,1<span class=\"_ _91\"> </span><span class=\"ls42 ws4c\">1<span class=\"_ _5\"/>2,9<span class=\"_ _79\"> </span><span class=\"ls2b ws2d\">31,<span class=\"_ _5\"/>1</span></span></div>\n<div class=\"t m0 xb2 hd yae0 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">7,<span class=\"_ _5\"/>9</div>\n<div class=\"t m0 x17d hd yae1 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _107\"> </span><span class=\"ls1f ws21\">52,0<span class=\"_ _107\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>5<span class=\"_ _6e\"> </span><span class=\"ls1a ws1c\">70<span class=\"_ _5\"/>,5</span></span></span></div>\n<div class=\"t m0 x7 hd yae2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x16f hd yae3 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>,7<span class=\"_ _201\"> </span></span>0,<span class=\"_ _5\"/>3</div>\n<div class=\"t m0 xb2 hd yae2 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,2</div>\n<div class=\"t m0 x17d hd yae3 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _42\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>2<span class=\"_ _42\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _96\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>2</span></span></span></div>\n<div class=\"t m0 x7 hd yae4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de</div>\n<div class=\"t m0 x7 hd yae5 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">valeur</div>\n<div class=\"t m0 x4c hd yae6 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _90\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4<span class=\"_ _5\"/>)<span class=\"_ _20c\"> </span><span class=\"ls90 wsa4\">(43<span class=\"_ _5\"/>,5<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7c hd yae4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">(20,5)</div>\n<div class=\"t m0 x17e hd yae6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>02<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _138\"> </span>(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>2,6<span class=\"_ _5\"/>)<span class=\"_ _18b\"> </span><span class=\"ls17 ws19\">(22<span class=\"_ _5\"/>5,6)</span></span></div>\n<div class=\"t m0 x7 hd yae7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yae8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yae9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4e hd yaea ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">15,4<span class=\"_ _109\"> </span><span class=\"ls43 ws4d\">11,1<span class=\"_ _201\"> </span><span class=\"ls42 ws4c\">2,5</span></span></div>\n<div class=\"t m0 xb2 hd yaeb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaea ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _107\"> </span><span class=\"ls17 ws19\">2<span class=\"_ _5\"/>9,1<span class=\"_ _7e\"> </span><span class=\"ls14 ws16\">21,1<span class=\"_ _6e\"> </span></span></span>50,<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x7 hd yaec ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x48 hd yaed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _94\"> </span>(0,<span class=\"_ _5\"/>2)<span class=\"_ _93\"> </span><span class=\"ls22 ws24\">(6<span class=\"_ _5\"/>,3)</span></div>\n<div class=\"t m0 x18 hd yaec ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x17e hd yaed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _d4\"> </span><span class=\"ls2b ws2d\">(6,<span class=\"_ _5\"/>9)<span class=\"_ _1cf\"> </span>(6<span class=\"_ _5\"/>,6)<span class=\"_ _e1\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>6)</span></span></div>\n<div class=\"t m0 x7 hd yaee ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x16f hd yaef ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">6,6<span class=\"_ _200\"> </span><span class=\"ls1b ws1d\">3<span class=\"_ _5\"/>,7<span class=\"_ _201\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x17f hd yaee ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">(6,<span class=\"_ _5\"/>5)</div>\n<div class=\"t m0 x17d hd yaef ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span><span class=\"ls14 ws16\">4,1<span class=\"_ _1cf\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>5)<span class=\"_ _6e\"> </span><span class=\"ls22 ws24\">(0,4)</span></span></span></div>\n<div class=\"t m0 x7 hf yaf0 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xcb h1b yaf1 ff7 fs8 fc3 sc0 ls49 ws57\" style=\"z-index: 15;\">(350<span class=\"_ _d\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>08<span class=\"_ _5\"/>,8)<span class=\"_ _e1\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>32<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _76\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>6)<span class=\"_ _206\"> </span></span></span>(3<span class=\"_ _5\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>14<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _20b\"> </span><span class=\"ls86 ws50\">(28<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>4)<span class=\"_ _78\"> </span><span class=\"ls26 ws28\">(<span class=\"_ _d\"/>1.436,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hf yaf2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yaf3 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yaf2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xcb h1b yaf4 ff7 fs8 fc3 sc0 ls49 ws57\" style=\"z-index: 15;\">(350<span class=\"_ _d\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>08<span class=\"_ _5\"/>,8)<span class=\"_ _e1\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>32<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _76\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>6)<span class=\"_ _206\"> </span></span></span>(3<span class=\"_ _5\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>14<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _20b\"> </span><span class=\"ls86 ws50\">(28<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>4)<span class=\"_ _78\"> </span><span class=\"ls26 ws28\">(<span class=\"_ _d\"/>1.436,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yaf5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yaf6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x4c hd yaf7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">(20,5)<span class=\"_ _90\"> </span><span class=\"ls1b ws1d\">(11<span class=\"_ _5\"/>,7)<span class=\"_ _93\"> </span><span class=\"ls0 ws0\">(<span class=\"_ _5\"/>2,2)</span></span></div>\n<div class=\"t m0 xb2 hd yaf5 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yaf7 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _13b\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>4,4)<span class=\"_ _105\"> </span></span>0,0<span class=\"_ _e1\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>4,4)</span></div>\n<div class=\"t m0 x7 hd yaf8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions</div>\n<div class=\"t m0 x4e hd yaf9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">20,0<span class=\"_ _109\"> </span><span class=\"ls1d ws1f\">36,<span class=\"_ _d\"/>0<span class=\"_ _79\"> </span><span class=\"ls28 ws2a\">33,6</span></span></div>\n<div class=\"t m0 xb2 hd yaf8 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">4,1</div>\n<div class=\"t m0 x17d hd yaf9 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _7e\"> </span><span class=\"ls1b ws1d\">93<span class=\"_ _5\"/>,7<span class=\"_ _107\"> </span><span class=\"ls3b ws43\">45,<span class=\"_ _5\"/>2<span class=\"_ _e1\"> </span><span class=\"lsba wsda\">138,9</span></span></span></div>\n<div class=\"t m0 x7 hd yafa ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x16f hd yafb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _200\"> </span>0,0<span class=\"_ _201\"> </span>0,0</div>\n<div class=\"t m0 xb2 hd yafa ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x17d hd yafb ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _105\"> </span>0,0<span class=\"_ _96\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yafc ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de</div>\n<div class=\"t m0 x7 hd yafd ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">valeur</div>\n<div class=\"t m0 x4c hd yafe ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">(11<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _64\"> </span><span class=\"ls0 ws0\">(26<span class=\"_ _5\"/>,2)<span class=\"_ _e7\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7c hd yafc ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">(24,<span class=\"_ _5\"/>3)</div>\n<div class=\"t m0 x17d hd yafe ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _138\"> </span><span class=\"ls1b ws1d\">(10<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,2<span class=\"_ _5\"/>)<span class=\"_ _136\"> </span>(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)<span class=\"_ _18b\"> </span><span class=\"ls22 ws24\">(24<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>4)</span></span></div>\n<div class=\"t m0 x7 hd yaff ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb00 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb01 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x16f hd yb02 ff4 fs8 fc2 sc0 ls1b ws1d\" style=\"z-index: 15;\">9,7<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _201\"> </span>0,0</span></div>\n<div class=\"t m0 x17f hd yb03 ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">(0,4)</div>\n<div class=\"t m0 x17d hd yb02 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _42\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>5<span class=\"_ _105\"> </span></span>0,9<span class=\"_ _43\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yb04 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version</div>\n<div class=\"t m0 x48 hd yb05 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,0)<span class=\"_ _eb\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _4c\"> </span><span class=\"ls1b ws1d\">(5,7<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x17f hd yb04 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(0,<span class=\"_ _5\"/>2)</div>\n<div class=\"t m0 x17d hd yb05 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1cf\"> </span><span class=\"ls2b ws2d\">(6<span class=\"_ _5\"/>,0)<span class=\"_ _1cf\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,5)<span class=\"_ _ab\"> </span><span class=\"ls1b ws1d\">(10,<span class=\"_ _5\"/>5<span class=\"_ _5\"/>)</span></span></span></div>\n<div class=\"t m0 x7 hd yb06 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x48 hd yb07 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,6<span class=\"_ _5\"/>)<span class=\"_ _4c\"> </span><span class=\"ls0 ws0\">(0,0)</span></span></div>\n<div class=\"t m0 xb2 hd yb06 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">5,8</div>\n<div class=\"t m0 x17d hd yb07 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1cf\"> </span><span class=\"ls0 ws0\">(2,<span class=\"_ _5\"/>8)<span class=\"_ _105\"> </span></span>0,4<span class=\"_ _69\"> </span><span class=\"ls22 ws24\">(2,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x7 hf yb08 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xcb h1b yb09 ff7 fs8 fc3 sc0 lse8 ws10b\" style=\"z-index: 15;\">(36<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>2)<span class=\"_ _13f\"> </span><span class=\"lsd8 wsfa\">(3<span class=\"_ _d\"/>12,1<span class=\"_ _d\"/>)<span class=\"_ _86\"> </span><span class=\"lsdb wsfb\">(<span class=\"_ _5\"/>352<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9)<span class=\"_ _68\"> </span><span class=\"lsd2 wsf2\">(<span class=\"_ _5\"/>1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5<span class=\"_ _5\"/>)<span class=\"_ _206\"> </span><span class=\"ls90 wsa4\">(3<span class=\"_ _5\"/>,8)<span class=\"_ _95\"> </span><span class=\"ls2e ws30\">(1.196,5)<span class=\"_ _64\"> </span><span class=\"ls86 ws50\">(38<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>6)<span class=\"_ _6f\"> </span><span class=\"ls9f wsb1\">(1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>5<span class=\"_ _5\"/>81<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)</span></span></span></span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 45px; height: 1060px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x7 hc yb0a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 xc9 hc yb0b ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TE<span class=\"_ _5\"/>RR<span class=\"_ _5\"/>AI<span class=\"_ _5\"/>NS ET</div>\n<div class=\"t m0 x2e hc yb0c ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">CONSTRUC<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x4c hc yb0d ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TIONS</div>\n<div class=\"t m0 x90 hc yb0e ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IN<span class=\"_ _5\"/>STA<span class=\"_ _5\"/>L<span class=\"_ _5\"/>LA<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x139 hc yb0f ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x171 hc yb10 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EQUIPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xbc hc yb11 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x51 hc yb12 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">FOURNITURE</div>\n<div class=\"t m0 x34 hc yb13 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ET</div>\n<div class=\"t m0 x1c hc yb14 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">V\u00c9HICULES</div>\n<div class=\"t m0 x3c hc yb15 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IER E<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 xd7 hc yb16 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">AGENCE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xdd hc yb17 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENTS</div>\n<div class=\"t m0 x17 hc yb18 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x131 hc yb19 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILISA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x12a hc yb1a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">TIONS C<span class=\"_ _d\"/>OR<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd0 hc yb1b ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">PORELLE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 xb4 hc yb1c ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">IMMOBILI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x73 hc yb1d ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">S<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ONS<span class=\"_ _5\"/> </div>\n<div class=\"t m0 x57 hc yb1e ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CORPOREL<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xb4 hc yb1f ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">LE<span class=\"_ _5\"/>S (EXC<span class=\"_ _5\"/>L.</div>\n<div class=\"t m0 x65 hc yb20 ff5 fs7 fc2 sc0 ls54 ws65\" style=\"z-index: 15;\">ROU)</div>\n<div class=\"t m0 xa3 hc yb21 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ACTIF AU TIT<span class=\"_ _1\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xa9 hc yb22 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">RE D<span class=\"_ _5\"/>E DRO<span class=\"_ _5\"/>IT</div>\n<div class=\"t m0 x9b hc yb23 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">D'UTILISATI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x178 hc yb24 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON (R<span class=\"_ _5\"/>OU)<span class=\"_ _96\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb25 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR N<span class=\"_ _5\"/>ET<span class=\"_ _5\"/>TE COM<span class=\"_ _5\"/>PTA<span class=\"_ _5\"/>BLE</div>\n<div class=\"t m0 x7 hd yb26 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>1<span class=\"_ _cb\"> </span>22<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5 <span class=\"_ _84\"> </span><span class=\"lsba wsda\">133,9 <span class=\"_ _96\"> </span></span>19<span class=\"_ _5\"/>4,1 <span class=\"_ _84\"> </span>1<span class=\"_ _5\"/>23<span class=\"_ _5\"/>,2 <span class=\"_ _44\"> </span><span class=\"lsbc ws51\">41,<span class=\"_ _5\"/>9 <span class=\"_ _96\"> </span></span>7<span class=\"_ _5\"/>21,<span class=\"_ _5\"/>6 <span class=\"_ _96\"> </span><span class=\"lsbc ws51\">5<span class=\"_ _5\"/>41,<span class=\"_ _5\"/>9 <span class=\"_ _6c\"> </span></span>1.<span class=\"_ _5\"/>263<span class=\"_ _5\"/>,5</div>\n<div class=\"t m0 x7 hd yb27 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2<span class=\"_ _cb\"> </span>2<span class=\"_ _5\"/>35<span class=\"_ _5\"/>,4 <span class=\"_ _96\"> </span><span class=\"ls90 wsa4\">143<span class=\"_ _5\"/>,2<span class=\"_ _5\"/> <span class=\"_ _96\"> </span></span>195<span class=\"_ _5\"/>,6 <span class=\"_ _96\"> </span>126<span class=\"_ _5\"/>,8 <span class=\"_ _8a\"> </span>6<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>8 <span class=\"_ _96\"> </span><span class=\"ls90 wsa4\">76<span class=\"_ _5\"/>4,8<span class=\"_ _5\"/> <span class=\"_ _84\"> </span></span>63<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2 <span class=\"_ _71\"> </span><span class=\"ls25 ws27\">1.<span class=\"_ _5\"/>398,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 954px; height: 130px; width: 90%; z-index: 4;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc yb66 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb67 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb66 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb67 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb66 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb68 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">CO\u00dbT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hf yb69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb6a ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xb6 h1b yb6b ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">660,<span class=\"_ _5\"/>0<span class=\"_ _eb\"> </span><span class=\"ls20 ws22\">168<span class=\"_ _5\"/>,3<span class=\"_ _11e\"> </span><span class=\"ls26 ws28\">198,4<span class=\"_ _11e\"> </span></span>118<span class=\"_ _5\"/>,3<span class=\"_ _bc\"> </span><span class=\"ls1a ws1c\">51,<span class=\"_ _5\"/>1<span class=\"_ _206\"> </span><span class=\"ls2e ws30\">1.196,0</span></span></span></div>\n<div class=\"t m0 x7 hd yb6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _120\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls17 ws19\">9,5<span class=\"_ _105\"> </span><span class=\"ls3b ws43\">15,1<span class=\"_ _80\"> </span></span></span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _105\"> </span><span class=\"ls1a ws1c\">24,6</span></span></div>\n<div class=\"t m0 x7 hd yb6d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yb6e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yb6d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb6f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _ba\"> </span><span class=\"ls17 ws19\">(9,0)<span class=\"_ _80\"> </span></span></span>0,3<span class=\"_ _42\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>6)<span class=\"_ _d4\"> </span>(1<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd yb70 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _a5\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _bc\"> </span></span></span></span>(3<span class=\"_ _5\"/>,2)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _1cf\"> </span><span class=\"ls1b ws1d\">(2<span class=\"_ _5\"/>1,7<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7 hd yb71 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ve<span class=\"_ _5\"/>rs d'au<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s cat\u00e9g<span class=\"_ _5\"/>ori<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x7 hd yb72 ff4 fs8 fc2 sc0 ls3c ws46\" style=\"z-index: 15;\">de<span class=\"_ _5\"/> l'ac<span class=\"_ _5\"/>t<span class=\"_ _5\"/>if</div>\n<div class=\"t m0 x183 hd yb71 ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">(28<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(2<span class=\"_ _5\"/>,2)<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>2<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(4,6<span class=\"_ _5\"/>)<span class=\"_ _ac\"> </span><span class=\"ls0 ws0\">(3<span class=\"_ _5\"/>5,0)</span></span></span></div>\n<div class=\"t m0 x7 hd yb73 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _4a\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls3b ws43\">5,1<span class=\"_ _80\"> </span><span class=\"ls7 ws8\">5,8<span class=\"_ _80\"> </span><span class=\"ls28 ws2a\">2,6<span class=\"_ _42\"> </span><span class=\"ls90 wsa4\">51<span class=\"_ _5\"/>,3</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb74 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span></span>(0,<span class=\"_ _5\"/>2)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _bc\"> </span></span>(0<span class=\"_ _5\"/>,2)</span></div>\n<div class=\"t m0 x7 hf yb75 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xb6 h1b yb76 ff7 fs8 fc3 sc0 ls3b ws43\" style=\"z-index: 15;\">652,<span class=\"_ _5\"/>2<span class=\"_ _1cf\"> </span><span class=\"lsd2 wsf2\">17<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _ac\"> </span><span class=\"ls1f ws21\">205,<span class=\"_ _5\"/>8<span class=\"_ _eb\"> </span><span class=\"ls2c ws2e\">121,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span></span>47,<span class=\"_ _2\"/>5<span class=\"_ _dd\"> </span><span class=\"lsd4 wsf5\">1.<span class=\"_ _5\"/>20<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 144px; height: 263px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 144px; height: 263px; width: 90%; z-index: 4;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x7 hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb77 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb78 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb79 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">CO\u00dbT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xb6 h1b yb7c ff7 fs8 fc3 sc0 ls3b ws43\" style=\"z-index: 15;\">652,<span class=\"_ _5\"/>2<span class=\"_ _1cf\"> </span><span class=\"lsd2 wsf2\">17<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _ac\"> </span><span class=\"ls1f ws21\">205,<span class=\"_ _5\"/>8<span class=\"_ _eb\"> </span><span class=\"ls2c ws2e\">121,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span></span>47,<span class=\"_ _2\"/>5<span class=\"_ _dd\"> </span><span class=\"lsd4 wsf5\">1.<span class=\"_ _5\"/>20<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd yb7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _120\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _83\"> </span><span class=\"ls1d ws1f\">6,<span class=\"_ _5\"/>2<span class=\"_ _ba\"> </span><span class=\"ls42 ws4c\">1<span class=\"_ _5\"/>2,2<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _80\"> </span></span></span></span>0,0<span class=\"_ _42\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd yb7e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yb7f ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x4a hd yb7e ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">42,<span class=\"_ _5\"/>5<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,0<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _21a\"> </span><span class=\"ls1b ws1d\">4,7<span class=\"_ _42\"> </span><span class=\"ls2e ws30\">48,<span class=\"_ _5\"/>2</span></span></span></div>\n<div class=\"t m0 x7 hd yb80 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _21b\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>4)<span class=\"_ _7e\"> </span><span class=\"ls12 ws14\">(17,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _ba\"> </span>(0,0)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ac\"> </span></span></span></span>(2<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x7 hd yb81 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _100\"> </span>(0<span class=\"_ _5\"/>,0)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _42\"> </span></span>(0,0)</div>\n<div class=\"t m0 x7 hd yb82 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ve<span class=\"_ _5\"/>rs d'au<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s cat\u00e9g<span class=\"_ _5\"/>ori<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x7 hd yb83 ff4 fs8 fc2 sc0 ls3c ws46\" style=\"z-index: 15;\">de<span class=\"_ _5\"/> l'ac<span class=\"_ _5\"/>t<span class=\"_ _5\"/>if</div>\n<div class=\"t m0 x44 hd yb82 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>0,1)<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(0,1)</span></div>\n<div class=\"t m0 x7 hd yb84 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21c\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>3<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls26 ws28\">3,9<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">4,6<span class=\"_ _80\"> </span>1,8<span class=\"_ _105\"> </span><span class=\"ls1b ws1d\">3<span class=\"_ _5\"/>9,7</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb85 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>0,1)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>4<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _80\"> </span></span>0,1<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></span></div>\n<div class=\"t m0 x7 hf yb86 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xb6 h1b yb87 ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">718,<span class=\"_ _5\"/>6<span class=\"_ _eb\"> </span><span class=\"ls20 ws22\">16<span class=\"_ _5\"/>6,8<span class=\"_ _11e\"> </span><span class=\"ls13 ws15\">222,0<span class=\"_ _11e\"> </span><span class=\"ls7 ws8\">126,0<span class=\"_ _10d\"> </span><span class=\"ls1d ws1f\">54,0<span class=\"_ _21d\"> </span><span class=\"lsd2 wsf2\">1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>2<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3</span></span></span></span></span></div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc yb88 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb89 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb88 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb89 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb88 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb8a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">R\u00c9\u00c9VALUA<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x7 hf yb8b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb8c ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb8b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x44 h1b yb8d ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb8e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb8f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb90 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd yb91 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb92 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb93 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yb94 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x44 h1b yb95 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hf yb96 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb97 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb96 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x44 h1b yb98 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb99 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb9a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb9b ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd yb9c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb9d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb9e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yb9f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x44 h1b yba0 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n\n<div class=\"t m0 x7 hc yba1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yba2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yba1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yba2 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yba1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yba3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TISS<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT<span class=\"_ _5\"/>S ET RE<span class=\"_ _5\"/>DUC<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>NS DE</div>\n<div class=\"t m0 x7 hc yba4 ff5 fs7 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">VALEU<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x7 hf yba5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yba6 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yba5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xbb h1b yba7 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>9<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>18<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4)<span class=\"_ _91\"> </span>(16<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"lsd4 wsf5\">(4<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>9)<span class=\"_ _10a\"> </span><span class=\"ls2b ws2d\">(21<span class=\"_ _5\"/>,0)<span class=\"_ _91\"> </span></span>(42<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd yba8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yba9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yba8 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd ybaa ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>0<span class=\"_ _bc\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,3)<span class=\"_ _21a\"> </span><span class=\"ls14 ws16\">1,6<span class=\"_ _42\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybab ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _36\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _2\"/>2<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,8<span class=\"_ _21a\"> </span><span class=\"ls1b ws1d\">1,7<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _105\"> </span><span class=\"ls1b ws1d\">19,7</span></span></span></div>\n<div class=\"t m0 x7 hd ybac ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _11d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _107\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _107\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,7<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _d\"/>,1)<span class=\"_ _bc\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,9)<span class=\"_ _d4\"> </span>(42<span class=\"_ _5\"/>,9)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybad ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _10b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,4<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _ba\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,4)<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,0</span></span></div>\n<div class=\"t m0 x7 hd ybae ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s classifi\u00e9s comme d\u00e9tenus<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hd ybaf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en v<span class=\"_ _5\"/>ue de la ve<span class=\"_ _5\"/>nte ou co<span class=\"_ _5\"/>mme</div>\n<div class=\"t m0 x7 hd ybb0 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">immeuble<span class=\"_ _d\"/> e plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4a hd ybb1 ff4 fs8 fc2 sc0 ls1d ws1f\" style=\"z-index: 15;\">28,3<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,9<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _80\"> </span></span>4,6<span class=\"_ _42\"> </span>34,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ybb2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _1d8\"> </span><span class=\"ls90 wsa4\">(0,1)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bc\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>,4)<span class=\"_ _ba\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>8)<span class=\"_ _ba\"> </span><span class=\"ls2b ws2d\">(5,9)</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybb3 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _ba\"> </span>(0,0)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></span></div>\n<div class=\"t m0 x7 hf ybb4 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xbb h1b ybb5 ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(32<span class=\"_ _5\"/>,4)<span class=\"_ _94\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2)<span class=\"_ _91\"> </span>(1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _d\"/>52,1<span class=\"_ _d\"/>)<span class=\"_ _1cc\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>20,<span class=\"_ _5\"/>5)<span class=\"_ _109\"> </span><span class=\"lsd2 wsf2\">(4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 65px; height: 312px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 65px; height: 1019px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 65px; height: 1019px; width: 90%; z-index: 4;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb77 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb78 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xbb h1b yb7c ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(32<span class=\"_ _5\"/>,4)<span class=\"_ _94\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2)<span class=\"_ _91\"> </span>(1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _d\"/>52,1<span class=\"_ _d\"/>)<span class=\"_ _1cc\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>20,<span class=\"_ _5\"/>5)<span class=\"_ _109\"> </span><span class=\"lsd2 wsf2\">(4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yb7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd ybb6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yb7d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb7f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls28 ws2a\">5,4<span class=\"_ _20a\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _5\"/>6<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,5<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _42\"> </span></span></span>2<span class=\"_ _5\"/>3,4</span></div>\n<div class=\"t m0 x7 hd yb80 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _30\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb81 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _11d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ac\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3)<span class=\"_ _d4\"> </span>(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls90 wsa4\">(4,6<span class=\"_ _5\"/>)<span class=\"_ _d4\"> </span><span class=\"ls42 ws4c\">(42,<span class=\"_ _1\"/>7)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb82 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _10b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd ybb7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ybb8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ybb9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd ybba ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,1<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _80\"> </span>0,1</div>\n<div class=\"t m0 x7 hd ybbb ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _ba\"> </span><span class=\"ls17 ws19\">(2,<span class=\"_ _5\"/>6)<span class=\"_ _bc\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _42\"> </span>(0,7<span class=\"_ _5\"/>)<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ybbc ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>1<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _ba\"> </span>(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span></span>0,1<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _42\"> </span>(0,0)</span></span></div>\n<div class=\"t m0 x7 hf ybbd ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xb6 h1b ybbe ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>27,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>0)<span class=\"_ _21f\"> </span>(18<span class=\"_ _5\"/>5<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"lsdb wsfb\">(6<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>9)<span class=\"_ _10a\"> </span><span class=\"ls9d wsaf\">(<span class=\"_ _d\"/>25,8<span class=\"_ _1\"/>)<span class=\"_ _91\"> </span><span class=\"lsd4 wsf5\">(43<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>6)</span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 785px; height: 299px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc ybbf ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc ybc0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc ybbf ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL</span></div>\n<div class=\"t m0 x47 hc ybc0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">RELATIONS</div>\n<div class=\"t m0 x184 hc ybbf ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">CLIENT\u00c8LE</div>\n<div class=\"t m0 x132 hc ybc0 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc ybbf ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc ybc1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR N<span class=\"_ _5\"/>ET<span class=\"_ _5\"/>TE COM<span class=\"_ _5\"/>PTA<span class=\"_ _5\"/>BLE</div>\n<div class=\"t m0 x7 hd ybc2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>1<span class=\"_ _133\"> </span><span class=\"ls1b ws1d\">619<span class=\"_ _5\"/>,7 <span class=\"_ _10d\"> </span></span>43,<span class=\"_ _5\"/>6 <span class=\"_ _10d\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> <span class=\"_ _10d\"> </span></span>69,<span class=\"_ _5\"/>3 <span class=\"_ _bc\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/> <span class=\"_ _1cf\"> </span>7<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/> </span></div>\n<div class=\"t m0 x7 hd ybc3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2<span class=\"_ _220\"> </span><span class=\"ls23 ws25\">6<span class=\"_ _5\"/>91,<span class=\"_ _5\"/>6 <span class=\"_ _af\"> </span></span>3<span class=\"_ _5\"/>4,8 <span class=\"_ _10d\"> </span><span class=\"ls1d ws1f\">36,1 <span class=\"_ _af\"> </span></span>6<span class=\"_ _5\"/>5,1 <span class=\"_ _af\"> </span>2<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2 <span class=\"_ _eb\"> </span><span class=\"ls7 ws8\">855,<span class=\"_ _5\"/>8</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 627px; height: 457px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 627px; height: 457px; width: 90%; z-index: 4;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ybc4 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x7d hc ybc5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BELGIUM</div>\n<div class=\"t m0 xcb hc ybc6 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _5\"/>AS<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 xcb hc ybc7 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">MILE<span class=\"_ _66\"> </span>PRE<span class=\"_ _5\"/>SS</div>\n<div class=\"t m0 xeb hc ybc6 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">PAR<span class=\"_ _d\"/>CELS<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x158 hc ybc7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">BE<span class=\"_ _5\"/>NE</div>\n<div class=\"t m0 x185 hc ybc8 ff5 fs7 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">PERSO<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x115 hc ybc9 ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">NALIS<span class=\"_ _d\"/>ED</div>\n<div class=\"t m0 x143 hc ybca ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">LOGIS<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x5f hc ybcb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TICS</div>\n<div class=\"t m0 x11f hc ybca ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">RADIAL</div>\n<div class=\"t m0 x186 hc ybcb ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EUROPE</div>\n<div class=\"t m0 xd0 hc ybca ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">ACTIVE<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x84 hc ybcb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ANTS</div>\n<div class=\"t m0 xb3 hc ybcc ff7 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">E-LO<span class=\"_ _5\"/><span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x56 hc ybcd ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">GI<span class=\"_ _5\"/>STI<span class=\"_ _5\"/>CS</div>\n<div class=\"t m0 x177 hc ybce ff5 fs7 fc2 sc0 ls51 ws61\" style=\"z-index: 15;\">EUR<span class=\"_ _5\"/>ASIA</div>\n<div class=\"t m0 xc7 hc ybcf ff7 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">E-LO<span class=\"_ _5\"/><span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x104 hc ybd0 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">GI<span class=\"_ _5\"/>STI<span class=\"_ _5\"/>CS</div>\n<div class=\"t m0 xf0 hc ybd1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NORTH</div>\n<div class=\"t m0 x103 hc ybd2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">AMERICA<span class=\"_ _8d\"> </span><span class=\"lsa0 wsb3\">AUTRE<span class=\"_ _17\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></span></div>\n<div class=\"t m0 x7 hf ybd3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 1</div>\n<div class=\"t m0 xe1 h22 ybd4 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x20 hf ybd3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x62 h1b ybd5 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _8f\"> </span><span class=\"ls2c ws2e\">21,<span class=\"_ _5\"/>9<span class=\"_ _6c\"> </span><span class=\"ls49 ws57\">38,3<span class=\"_ _221\"> </span></span></span>0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _68\"> </span><span class=\"lsd2 wsf2\">5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _17\"> </span><span class=\"ls25 ws27\">463,5<span class=\"_ _221\"> </span><span class=\"ls4c ws5a\">1,5<span class=\"_ _66\"> </span><span class=\"ls1d ws1f\">582,<span class=\"_ _5\"/>2</span></span></span></span></div>\n<div class=\"t m0 x7 hd ybd6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansfer<span class=\"_ _5\"/>t<span class=\"_ _1de\"> </span><span class=\"ls1b ws1d\">5<span class=\"_ _5\"/>4,7<span class=\"_ _87\"> </span><span class=\"ls0 ws0\">(21,<span class=\"_ _5\"/>9)<span class=\"_ _73\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>3)<span class=\"_ _69\"> </span><span class=\"ls18 ws1a\">20,0<span class=\"_ _69\"> </span><span class=\"ls28 ws2a\">13,4<span class=\"_ _69\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>9<span class=\"_ _86\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _96\"> </span></span></span></span>0,0<span class=\"_ _76\"> </span></span></span>(0<span class=\"_ _5\"/>,9)<span class=\"_ _96\"> </span><span class=\"ls18 ws1a\">0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ybd7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ecar<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _4e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _96\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _96\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _72\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,7<span class=\"_ _96\"> </span></span>0,0<span class=\"_ _72\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,7</span></span></div>\n<div class=\"t m0 x7 hf ybd8 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xcb h1b ybd9 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>4,7<span class=\"_ _221\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _76\"> </span>20,0<span class=\"_ _8f\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>4<span class=\"_ _6c\"> </span><span class=\"lsbb wsd8\">2<span class=\"_ _5\"/>9,9<span class=\"_ _221\"> </span></span></span>0,0<span class=\"_ _17\"> </span><span class=\"lsbb wsd8\">501<span class=\"_ _5\"/>,2<span class=\"_ _222\"> </span></span></span>0,7<span class=\"_ _87\"> </span>61<span class=\"_ _5\"/>9,7</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 104px; height: 138px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 104px; height: 138px; width: 90%; z-index: 4;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ybda ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x13d hc ybdb ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BELGIUM</div>\n<div class=\"t m0 x187 hc ybda ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _5\"/>AS<span class=\"_ _5\"/>T MIL<span class=\"_ _5\"/>E</div>\n<div class=\"t m0 x6e hc ybdc ff5 fs7 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">PERSO<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x40 hc ybdd ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">NALIS<span class=\"_ _d\"/>ED</div>\n<div class=\"t m0 x58 hc ybde ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">LOGIS<span class=\"_ _5\"/>TICS</div>\n<div class=\"t m0 x70 hc ybdd ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">RADIAL</div>\n<div class=\"t m0 x6f hc ybde ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EUROPE<span class=\"_ _d9\"> </span><span class=\"ls50 ws5f\">ACTIVE ANT<span class=\"_ _d\"/>S</span></div>\n<div class=\"t m0 x1a hc ybdd ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">CR<span class=\"_ _5\"/>OSS</div>\n<div class=\"t m0 x17 hc ybde ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BORDER</div>\n<div class=\"t m0 x1 hc ybdf ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">E-LOGISTIC<span class=\"_ _5\"/>S<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x67 hc ybe0 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NORTH</div>\n<div class=\"t m0 x73 hc ybe1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">AMERICA<span class=\"_ _84\"> </span><span class=\"lsa0 wsb3\">AUTRE<span class=\"_ _96\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></span></div>\n<div class=\"t m0 x7 hf ybe2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 1</div>\n<div class=\"t m0 xe1 h22 ybe3 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x20 hf ybe2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x13b h1b ybe4 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>4,7<span class=\"_ _44\"> </span><span class=\"ls14 ws16\">20,0<span class=\"_ _77\"> </span><span class=\"ls25 ws27\">1<span class=\"_ _5\"/>3,4<span class=\"_ _77\"> </span><span class=\"lsbb wsd8\">29,<span class=\"_ _5\"/>9<span class=\"_ _7f\"> </span></span></span>0,0<span class=\"_ _96\"> </span><span class=\"lsbb wsd8\">5<span class=\"_ _5\"/>01,<span class=\"_ _5\"/>2<span class=\"_ _7f\"> </span></span></span>0<span class=\"_ _5\"/>,7<span class=\"_ _97\"> </span>6<span class=\"_ _5\"/>19,7</div>\n<div class=\"t m0 x7 hd ybe5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _23\"> </span><span class=\"ls42 ws4c\">22,<span class=\"_ _5\"/>3<span class=\"_ _136\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _136\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _205\"> </span>20,2<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _205\"> </span><span class=\"ls2b ws2d\">42,<span class=\"_ _5\"/>5</span></span></span></div>\n<div class=\"t m0 x7 hd ybe6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _13a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _223\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansfer<span class=\"_ _5\"/>t<span class=\"_ _224\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _44\"> </span><span class=\"ls17 ws19\">(2,<span class=\"_ _5\"/>0)<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>,7<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _b0\"> </span><span class=\"ls0 ws0\">(0,6)<span class=\"_ _206\"> </span></span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ecar<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _44\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _138\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _44\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _1c6\"> </span><span class=\"ls17 ws19\">29,4<span class=\"_ _138\"> </span></span></span>0,0<span class=\"_ _205\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hf ybea ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x48 h1b ybeb ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _205\"> </span>17,<span class=\"_ _5\"/>9<span class=\"_ _44\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>3<span class=\"_ _77\"> </span><span class=\"lsbb wsd8\">29,<span class=\"_ _5\"/>9<span class=\"_ _77\"> </span><span class=\"ls13 ws15\">22,9<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">530,<span class=\"_ _5\"/>6<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _96\"> </span><span class=\"ls86 ws50\">6<span class=\"_ _5\"/>91,6</span></span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 896px; height: 188px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 896px; height: 188px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s no<span class=\"_ _5\"/>n couran<span class=\"_ _5\"/>ts p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant in<span class=\"_ _5\"/>t\u00e9r\u00eat o<span class=\"_ _5\"/>nt diminu\u00e9 d<span class=\"_ _5\"/>e 80,4 m<span class=\"_ _5\"/>EUR pour at<span class=\"_ _5\"/>tein<span class=\"_ _5\"/>dre 1.18<span class=\"_ _5\"/>0,9 m<span class=\"_ _5\"/>EUR, ca<span class=\"_ _5\"/>r le pr\u00eat \u00e0 t<span class=\"_ _5\"/>erme d<span class=\"_ _5\"/>e 185<span class=\"_ _5\"/>,0</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mUSD a \u00e9<span class=\"_ _5\"/>t\u00e9 tran<span class=\"_ _5\"/>sf\u00e9r<span class=\"_ _5\"/>\u00e9 des pr<span class=\"_ _5\"/>\u00eat<span class=\"_ _5\"/>s et emp<span class=\"_ _5\"/>runt<span class=\"_ _5\"/>s non co<span class=\"_ _5\"/>urant<span class=\"_ _5\"/>s aux p<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s por<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ant int\u00e9r<span class=\"_ _5\"/>\u00eat, \u00e9<span class=\"_ _5\"/>tant do<span class=\"_ _5\"/>nn\u00e9 que ce p<span class=\"_ _5\"/>r\u00eat es<span class=\"_ _5\"/>t d\u00fb dan<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'ann\u00e9<span class=\"_ _5\"/>e. Cet<span class=\"_ _5\"/>te diminu<span class=\"_ _5\"/>tion a \u00e9<span class=\"_ _5\"/>t\u00e9 par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt compe<span class=\"_ _5\"/>ns\u00e9<span class=\"_ _5\"/>e par l'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>ett<span class=\"_ _5\"/>es de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n. T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les m<span class=\"_ _5\"/>ouvem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s li\u00e9s au<span class=\"_ _5\"/>x ajout<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aux d<span class=\"_ _5\"/>\u00e9tail<span class=\"_ _5\"/>s des l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>ont ex<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>s dans la n<span class=\"_ _5\"/>ote 6.16.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 177px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau su<span class=\"_ _5\"/>ivant m<span class=\"_ _5\"/>ontre l<span class=\"_ _5\"/>a sens<span class=\"_ _5\"/>ibilit\u00e9 \u00e0 un c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent ra<span class=\"_ _5\"/>isonna<span class=\"_ _5\"/>ble du ta<span class=\"_ _5\"/>ux de cha<span class=\"_ _5\"/>nge USD, toute<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s res<span class=\"_ _5\"/>tant con<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ntes<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t de la var<span class=\"_ _5\"/>iatio<span class=\"_ _5\"/>n des USD s<span class=\"_ _5\"/>ur l\u2019EBI<span class=\"_ _5\"/>T et les c<span class=\"_ _5\"/>apita<span class=\"_ _5\"/>ux pro<span class=\"_ _5\"/>pres (apr<span class=\"_ _5\"/>\u00e8s consi<span class=\"_ _5\"/>d\u00e9r<span class=\"_ _5\"/>ation de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure d\u2019inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te) des f<span class=\"_ _5\"/>iliales e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>\u00e9riq<span class=\"_ _5\"/>ue du Nor<span class=\"_ _5\"/>d en 202<span class=\"_ _5\"/>2 repr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>te le ris<span class=\"_ _5\"/>que de conve<span class=\"_ _5\"/>rsi<span class=\"_ _5\"/>on. L<span class=\"_ _3b\"/>\u2019exp<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ion du gro<span class=\"_ _5\"/>upe au<span class=\"_ _5\"/>x varia<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e change d<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res de<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>s n\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st pa<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">mat\u00e9riel.</div>\n<div class=\"t m0 x7 hb y430 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ydcd ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _27a\"> </span><span class=\"ff7 ls0 ws0\">+5% U<span class=\"_ _5\"/>SD VS E<span class=\"_ _5\"/>UR<span class=\"_ _273\"> </span> \u2013 5% USD V<span class=\"_ _5\"/>S EUR</span></div>\n<div class=\"t m0 x7 hd ydce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ef<span class=\"_ _5\"/>fet su<span class=\"_ _5\"/>r EBIT<span class=\"_ _27b\"> </span><span class=\"ls2b ws2d\">(5,<span class=\"_ _5\"/>2)<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">5<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd ydcf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ef<span class=\"_ _5\"/>fet su<span class=\"_ _5\"/>r les ca<span class=\"_ _5\"/>pit<span class=\"_ _5\"/>aux pr<span class=\"_ _5\"/>opre<span class=\"_ _5\"/>s du gro<span class=\"_ _5\"/>upe<span class=\"_ _5\"/>, couve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ure d'in<span class=\"_ _5\"/>ves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent ne<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x7 hd ydd0 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">consid\u00e9r\u00e9e</div>\n<div class=\"t m0 xd8 hd ydd1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(26,<span class=\"_ _5\"/>2)<span class=\"_ _1de\"> </span><span class=\"ls1d ws1f\">28,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 445px; height: 187px; width: 88%; z-index: 5;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag174": {
   "value": "\n<div class=\"t m0 x5 h1a y10 ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.1<span class=\"_ _d\"/>6.<span class=\"_ _5\"/>2 Actifs au tit<span class=\"_ _d\"/>re du dro<span class=\"_ _d\"/>it d\u2019<span class=\"_ _1\"/>utilisat<span class=\"_ _d\"/>ion et loca<span class=\"_ _d\"/>tions</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs au t<span class=\"_ _5\"/>itre du dr<span class=\"_ _5\"/>oit d'util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on ont aug<span class=\"_ _5\"/>ment\u00e9 d<span class=\"_ _5\"/>e 92,<span class=\"_ _5\"/>3 mEUR et s<span class=\"_ _5\"/>e sont s<span class=\"_ _5\"/>old\u00e9s \u00e0 6<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,2 m<span class=\"_ _5\"/>EUR. Ce<span class=\"_ _5\"/>tte ha<span class=\"_ _5\"/>uss<span class=\"_ _5\"/>e s'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>e prin<span class=\"_ _5\"/>cipalem<span class=\"_ _5\"/>ent</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par :</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ls7 ws8\">163,4 m<span class=\"_ _d\"/>EUR d<span class=\"_ _d\"/>'ac<span class=\"_ _d\"/>quisitions, princ<span class=\"_ _d\"/>ipalement<span class=\"_ _d\"/> li\u00e9es \u00e0 des<span class=\"_ _d\"/> locations d'<span class=\"_ _1\"/>entrep\u00f4ts suppl\u00e9mentaires<span class=\"_ _d\"/> (principal<span class=\"_ _d\"/>ement Radi<span class=\"_ _d\"/>al North America et </span></div>\n<div class=\"t m0 x2a h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Radi<span class=\"_ _5\"/>al Europe) e<span class=\"_ _5\"/>t \u00e0 des v\u00e9<span class=\"_ _5\"/>hicule<span class=\"_ _5\"/>s suppl\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>aires p<span class=\"_ _5\"/>our la dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on, ent<span class=\"_ _5\"/>re aut<span class=\"_ _5\"/>res en r<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n de la dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>es loc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me</div>\n<div class=\"t m0 x2a h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l'ann<span class=\"_ _5\"/>\u00e9e de<span class=\"_ _5\"/>rni\u00e8r<span class=\"_ _5\"/>e ;</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>67<span class=\"_ _d\"/>,<span class=\"_ _5\"/>8 mEUR d\u2019ajuste<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s d\u00e9<span class=\"_ _5\"/>coulant p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent de l\u2019ex<span class=\"_ _5\"/>tensi<span class=\"_ _5\"/>on des du<span class=\"_ _5\"/>r\u00e9es l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ives ;</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>11,<span class=\"_ _5\"/>2 mEUR d\u2019\u00e9ca<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>s de con<span class=\"_ _5\"/>versi<span class=\"_ _5\"/>on ;</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>ens\u00e9<span class=\"_ _5\"/>e par de<span class=\"_ _5\"/>s d\u00e9pr<span class=\"_ _5\"/>\u00e9ciat<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>e chiffr<span class=\"_ _5\"/>ant \u00e0 1<span class=\"_ _5\"/>38,<span class=\"_ _5\"/>2 mEUR e<span class=\"_ _5\"/>t des ces<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>s pour un m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nt de 12,<span class=\"_ _5\"/>5 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st a con<span class=\"_ _5\"/>clu des co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts de lo<span class=\"_ _5\"/>cat<span class=\"_ _5\"/>ion pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement p<span class=\"_ _5\"/>our de<span class=\"_ _5\"/>s b\u00e2tim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>\u00f4ts e<span class=\"_ _5\"/>t bureau<span class=\"_ _5\"/>x de pos<span class=\"_ _5\"/>te), des v\u00e9h<span class=\"_ _5\"/>icules<span class=\"_ _5\"/>, des m<span class=\"_ _5\"/>achine<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'autre<span class=\"_ _5\"/>s \u00e9qui<span class=\"_ _5\"/>peme<span class=\"_ _5\"/>nts u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r ses op<span class=\"_ _5\"/>\u00e9ra<span class=\"_ _5\"/>tions<span class=\"_ _5\"/>. Les co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>ons de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on et les v<span class=\"_ _5\"/>aleur<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s sont d\u00e9<span class=\"_ _5\"/>taill\u00e9<span class=\"_ _5\"/>es dan<span class=\"_ _5\"/>s le tab<span class=\"_ _5\"/>leau ci \u2013</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">dessous<span class=\"_ _d\"/> :</div>\n<div class=\"t m0 x7 hc yb28 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x5a hc yb29 ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">DUR\u00c9E D'UTILIT\u00c9</div>\n<div class=\"t m0 xb hc yb28 ff5 fs7 fc0 sc0 lsf ws11\" style=\"z-index: 15;\">VALEUR COMPTABLE<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x180 hc yb29 ff7 fs7 fc0 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D<span class=\"_ _5\"/>\u00c9CEM<span class=\"_ _5\"/>BR<span class=\"_ _5\"/>E 202<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x17c hc yb28 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR C<span class=\"_ _5\"/>OMP<span class=\"_ _5\"/>TABL<span class=\"_ _5\"/>E <span class=\"_ _49\"/> </div>\n<div class=\"t m0 x126 hc yb29 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D<span class=\"_ _5\"/>\u00c9CEM<span class=\"_ _5\"/>BR<span class=\"_ _5\"/>E 2021</div>\n<div class=\"t m0 x7 hd yb2a ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>e<span class=\"_ _5\"/>rrains et b\u00e2time<span class=\"_ _5\"/>nts<span class=\"_ _20d\"> </span><span class=\"ls0 ws0\">3 \u00e0 2<span class=\"_ _5\"/>5 ans</span></div>\n<div class=\"t m0 x176 hd yb2b ff4 fs8 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">572,<span class=\"_ _5\"/>3<span class=\"_ _134\"> </span><span class=\"ls18 ws1a\">4<span class=\"_ _5\"/>80,9</span></div>\n<div class=\"t m0 x7 hd yb2c ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Mat\u00e9riel roulant<span class=\"_ _20e\"> </span><span class=\"ls0 ws0\">4 ou 5 an<span class=\"_ _5\"/>s (8 ans p<span class=\"_ _5\"/>our les c<span class=\"_ _5\"/>amio<span class=\"_ _5\"/>ns)</span></div>\n<div class=\"t m0 x177 hd yb2d ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _1d7\"> </span><span class=\"ls14 ws16\">54,4</span></div>\n<div class=\"t m0 x7 hd yb2e ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Machines et \u00e9quip<span class=\"_ _5\"/>ements<span class=\"_ _120\"> </span><span class=\"ls0 ws0\">1 \u00e0 1<span class=\"_ _5\"/>5 ans</span></div>\n<div class=\"t m0 x10b hd yb2f ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">4,1<span class=\"_ _1e0\"> </span><span class=\"ls28 ws2a\">6,6</span></div>\n<div class=\"t m0 x7 hf yb30 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x98 h1b yb31 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">634,<span class=\"_ _5\"/>2<span class=\"_ _1fd\"> </span><span class=\"ls4a ws54\">541<span class=\"_ _5\"/>,9</span></div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>le et les m<span class=\"_ _5\"/>ouve<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s (y com<span class=\"_ _5\"/>pris l<span class=\"_ _5\"/>es sor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ies de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>rer<span class=\"_ _5\"/>ie) des de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation (s<span class=\"_ _5\"/>ous for<span class=\"_ _5\"/>me de pr<span class=\"_ _5\"/>\u00eat<span class=\"_ _5\"/>s et d'empr<span class=\"_ _5\"/>unt<span class=\"_ _5\"/>s por-</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>t int\u00e9r\u00ea<span class=\"_ _5\"/>t) sont p<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>ent\u00e9s da<span class=\"_ _5\"/>ns la se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on 6.<span class=\"_ _5\"/>25<span class=\"_ _5\"/>, tandi<span class=\"_ _5\"/>s que l'analys<span class=\"_ _5\"/>e de matu<span class=\"_ _5\"/>rit\u00e9 es<span class=\"_ _5\"/>t disp<span class=\"_ _5\"/>onibl<span class=\"_ _5\"/>e dans la s<span class=\"_ _5\"/>ect<span class=\"_ _5\"/>ion 6.<span class=\"_ _5\"/>30<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st a de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e loca<span class=\"_ _5\"/>tion p<span class=\"_ _5\"/>our des v\u00e9<span class=\"_ _5\"/>hicule<span class=\"_ _5\"/>s avec de<span class=\"_ _5\"/>s dur\u00e9<span class=\"_ _5\"/>es de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n de 12 mo<span class=\"_ _5\"/>is ou mo<span class=\"_ _5\"/>ins (2,<span class=\"_ _5\"/>2 mEUR en 202<span class=\"_ _5\"/>2, 7<span class=\"_ _d\"/>,0 mEUR e<span class=\"_ _5\"/>n 2021),</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>s sou<span class=\"_ _5\"/>s les co\u00fbt<span class=\"_ _5\"/>s de lo<span class=\"_ _5\"/>cati<span class=\"_ _5\"/>on, dans l<span class=\"_ _5\"/>es char<span class=\"_ _5\"/>ges d'exp<span class=\"_ _5\"/>loita<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. Il n'y a pas de con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s de bai<span class=\"_ _5\"/>l (<span class=\"_ _d\"/>mat\u00e9<span class=\"_ _5\"/>riel<span class=\"_ _5\"/>s) avec de<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s, ni de co<span class=\"_ _5\"/>ntrat<span class=\"_ _5\"/>s \u00e0 fa<span class=\"_ _5\"/>ible val<span class=\"_ _5\"/>eur mat\u00e9r<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 470px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Il ex<span class=\"_ _5\"/>iste p<span class=\"_ _5\"/>lusie<span class=\"_ _5\"/>urs cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de bail q<span class=\"_ _5\"/>ui inclue<span class=\"_ _5\"/>nt des e<span class=\"_ _5\"/>xte<span class=\"_ _5\"/>nsio<span class=\"_ _5\"/>ns et de<span class=\"_ _5\"/>s optio<span class=\"_ _5\"/>ns de r\u00e9<span class=\"_ _5\"/>siliati<span class=\"_ _5\"/>on. Le con<span class=\"_ _5\"/>trat d<span class=\"_ _5\"/>e bail pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>l concer<span class=\"_ _5\"/>ne Br<span class=\"_ _5\"/>uxelle<span class=\"_ _5\"/>s X</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(NBX<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, la dur<span class=\"_ _5\"/>\u00e9e de ce con<span class=\"_ _5\"/>trat d<span class=\"_ _5\"/>e bail \u00e9t<span class=\"_ _5\"/>ant de 1<span class=\"_ _5\"/>5 ans (<span class=\"_ _5\"/>jus<span class=\"_ _5\"/>qu'<span class=\"_ _d\"/>en 2<span class=\"_ _5\"/>031) avec 3 pro<span class=\"_ _5\"/>longat<span class=\"_ _5\"/>ions p<span class=\"_ _5\"/>ossi<span class=\"_ _5\"/>bles de 5 a<span class=\"_ _5\"/>ns chacu<span class=\"_ _5\"/>ne. Ce<span class=\"_ _5\"/>s prolon<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>ns ne</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">son<span class=\"_ _5\"/>t act<span class=\"_ _5\"/>uelle<span class=\"_ _5\"/>ment pa<span class=\"_ _5\"/>s inclus<span class=\"_ _5\"/>es dan<span class=\"_ _5\"/>s la dur\u00e9e d<span class=\"_ _5\"/>u bail, c<span class=\"_ _5\"/>ar il n'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>st pas r<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>nnable<span class=\"_ _5\"/>ment ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ain qu'elle<span class=\"_ _5\"/>s sero<span class=\"_ _5\"/>nt exer<span class=\"_ _5\"/>c\u00e9es<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'imp<span class=\"_ _5\"/>act p<span class=\"_ _5\"/>ar ex<span class=\"_ _5\"/>tensi<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de 5 an<span class=\"_ _5\"/>s est e<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>m\u00e9 \u00e0 une aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e 5% de la de<span class=\"_ _5\"/>tte g<span class=\"_ _5\"/>lobale de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ion imp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s qui n'ont pas e<span class=\"_ _5\"/>ncore com<span class=\"_ _5\"/>menc\u00e9 s<span class=\"_ _5\"/>ont ind<span class=\"_ _5\"/>iqu\u00e9s a<span class=\"_ _5\"/>u point 6<span class=\"_ _5\"/>.32 D<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s et en<span class=\"_ _5\"/>gagem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur s<span class=\"_ _5\"/>ont re<span class=\"_ _5\"/>pris da<span class=\"_ _5\"/>ns la se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on \u201cD\u00e9<span class=\"_ _5\"/>pr\u00e9ci<span class=\"_ _5\"/>ations<span class=\"_ _5\"/>, amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r\u201d du co<span class=\"_ _5\"/>mpte</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">de r\u00e9sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 hb y88 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Revenu<span class=\"_ _5\"/>s des leasi<span class=\"_ _5\"/>ngs op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>nnel<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s des pai<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>ts f<span class=\"_ _5\"/>uturs m<span class=\"_ _5\"/>inimaux d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t li\u00e9s a<span class=\"_ _5\"/>ux b\u00e2ti<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s son<span class=\"_ _5\"/>t les sui<span class=\"_ _5\"/>vant<span class=\"_ _5\"/>s et so<span class=\"_ _5\"/>nt prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>ment li<span class=\"_ _5\"/>\u00e9s \u00e0 de<span class=\"_ _5\"/>s b\u00e2time<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>ont</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t pro<span class=\"_ _5\"/>pri\u00e9<span class=\"_ _5\"/>taire e<span class=\"_ _5\"/>t \u00e0 des s<span class=\"_ _5\"/>ous-<span class=\"_ _5\"/>loc<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s:</div>\n<div class=\"t m0 x7 hb y8d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y27 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yb32 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 moi<span class=\"_ _5\"/>ns d'un an</div>\n<div class=\"t m0 x10b hd yb33 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">1,1<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">0<span class=\"_ _5\"/>,7</span></div>\n<div class=\"t m0 x7 hd yb34 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De un \u00e0 c<span class=\"_ _5\"/>inq an<span class=\"_ _5\"/>s<span class=\"_ _20f\"> </span><span class=\"ls25 ws27\">3,0<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hd yb35 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Plus d<span class=\"_ _5\"/>e cinq a<span class=\"_ _5\"/>ns<span class=\"_ _210\"> </span><span class=\"ls1b ws1d\">1,7<span class=\"_ _1d1\"> </span><span class=\"ls14 ws16\">1,6</span></span></div>\n<div class=\"t m0 x7 hf yb36 ff5 fsa fc3 sc0 ls88 ws9b\" style=\"z-index: 15;\">TOTAL</div>\n<div class=\"t m0 x108 h1b yb37 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">5,7<span class=\"_ _18a\"> </span><span class=\"ls1d ws1f\">4,1</span></div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le re<span class=\"_ _5\"/>venu mini<span class=\"_ _5\"/>mum futu<span class=\"_ _5\"/>r de la loc<span class=\"_ _5\"/>ation o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle e<span class=\"_ _5\"/>st plu<span class=\"_ _5\"/>s ou moin<span class=\"_ _5\"/>s en ligne av<span class=\"_ _5\"/>ec l'ann\u00e9<span class=\"_ _5\"/>e dern<span class=\"_ _5\"/>i\u00e8re. Le<span class=\"_ _5\"/>s reve<span class=\"_ _5\"/>nus d\u00e9<span class=\"_ _5\"/>coulant d<span class=\"_ _5\"/>es leasi<span class=\"_ _5\"/>ngs</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>ls so<span class=\"_ _5\"/>nt compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9s dans l<span class=\"_ _5\"/>a rubr<span class=\"_ _5\"/>ique \u201cAutr<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xploit<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n\u201d (0,5 mEUR e<span class=\"_ _5\"/>n 2022), alo<span class=\"_ _5\"/>rs que le<span class=\"_ _5\"/>s reve<span class=\"_ _5\"/>nus des s<span class=\"_ _5\"/>ous \u2013 lo<span class=\"_ _5\"/>ca-</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns vont en d<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de l\u2019amor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs a<span class=\"_ _5\"/>u titre d<span class=\"_ _5\"/>u droit d\u2019ut<span class=\"_ _5\"/>ilisat<span class=\"_ _5\"/>ion et l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ions<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 642px; height: 440px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLeasesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag466": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 h1a y95 ffc fs11 fc2 sc0 ls53 ws99\" style=\"z-index: 15;\">6.1<span class=\"_ _3b\"/>7<span class=\"_ _5\"/> <span class=\"_ _c4\"> </span>Immeubl<span class=\"_ _d\"/>es de placement</div>\n\n<div class=\"t m0 x7 hc yb38 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _143\"> </span><span class=\"fc0 ls41 ws4b\">TER<span class=\"_ _5\"/>RAINS ET B\u00c2TIMENTS</span></div>\n<div class=\"t m0 x7 hc yb39 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">CO\u00db<span class=\"_ _5\"/>T D'ACQU<span class=\"_ _5\"/>ISI<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>N</div>\n<div class=\"t m0 x7 hf yb3a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb3b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x181 hf yb3a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">JANVIER 2021</div>\n<div class=\"t m0 x169 h1b yb3c ff7 fs8 fc3 sc0 ls20 ws22\" style=\"z-index: 15;\">11,<span class=\"_ _5\"/>1</div>\n<div class=\"t m0 x7 hd yb3d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _211\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hd yb3e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t de/(ver<span class=\"_ _5\"/>s) d'autr<span class=\"_ _5\"/>es cat<span class=\"_ _5\"/>\u00e9gor<span class=\"_ _5\"/>ies d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fs<span class=\"_ _98\"> </span> 1<span class=\"_ _5\"/>,8</div>\n<div class=\"t m0 x7 hf yb3f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x169 h1b yb40 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">13,0</div>\n<div class=\"t m0 x7 hf yb41 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb42 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb41 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x169 h1b yb43 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">13,0</div>\n<div class=\"t m0 x7 hd yb44 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _211\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hd yb45 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t de/(ver<span class=\"_ _5\"/>s) d'autr<span class=\"_ _5\"/>es cat<span class=\"_ _5\"/>\u00e9gor<span class=\"_ _5\"/>ies d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fs<span class=\"_ _212\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>5<span class=\"_ _5\"/>)</span></div>\n<div class=\"t m0 x7 hf yb46 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x169 hd yb47 ff4 fs8 fc2 sc0 ls43 ws4d\" style=\"z-index: 15;\">11,<span class=\"_ _5\"/>5</div>\n<div class=\"t m0 x7 hc yb48 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TISS<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT<span class=\"_ _5\"/>S ET R\u00c9<span class=\"_ _5\"/>DUC<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>NS DE V<span class=\"_ _5\"/>ALEU<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x7 hf yb49 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb4a ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb49 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x182 h1b yb4b ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\"> (<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</div>\n<div class=\"t m0 x7 hd yb4c ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _213\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hd yb4d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t de/(ver<span class=\"_ _5\"/>s) d'autr<span class=\"_ _5\"/>es cat<span class=\"_ _5\"/>\u00e9gor<span class=\"_ _5\"/>ies d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fs<span class=\"_ _214\"> </span><span class=\"ls1b ws1d\"> (1,<span class=\"_ _5\"/>0)</span></div>\n<div class=\"t m0 x7 hf yb4e ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x5d h1b yb4f ff7 fs8 fc3 sc0 ls90 wsa4\" style=\"z-index: 15;\"> (8,<span class=\"_ _5\"/>8)</div>\n<div class=\"t m0 x7 hf yb50 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb51 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb50 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x5d h1b yb52 ff7 fs8 fc3 sc0 ls90 wsa4\" style=\"z-index: 15;\"> (8,<span class=\"_ _5\"/>8)</div>\n<div class=\"t m0 x7 hd yb53 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _213\"> </span><span class=\"ls18 ws1a\">0,0</span></div>\n<div class=\"t m0 x7 hd yb54 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t de/(ver<span class=\"_ _5\"/>s) d'autr<span class=\"_ _5\"/>es cat<span class=\"_ _5\"/>\u00e9gor<span class=\"_ _5\"/>ies d'ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fs<span class=\"_ _215\"> </span><span class=\"ls1b ws1d\"> 0,7<span class=\"_ _5\"/> </span></div>\n<div class=\"t m0 x7 hf yb55 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x5d h1b yb56 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\"> (8<span class=\"_ _5\"/>,1)</div>\n<div class=\"t m0 x7 hc yb57 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR N<span class=\"_ _5\"/>ET<span class=\"_ _5\"/>TE COM<span class=\"_ _5\"/>PTA<span class=\"_ _5\"/>BLE</div>\n<div class=\"t m0 x7 hd yb58 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 D<span class=\"_ _5\"/>\u00e9cem<span class=\"_ _5\"/>bre 202<span class=\"_ _5\"/>1<span class=\"_ _1b6\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>2</span></div>\n<div class=\"t m0 x7 hd yb59 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 D<span class=\"_ _5\"/>\u00e9cem<span class=\"_ _5\"/>bre 202<span class=\"_ _5\"/>2<span class=\"_ _1b6\"> </span><span class=\"ls28 ws2a\">3,4</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 98px; height: 474px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 98px; height: 504px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Les immeu<span class=\"_ _d\"/>bles de pl<span class=\"_ _d\"/>acement repr\u00e9sent<span class=\"_ _d\"/>ent essentiellement<span class=\"_ _d\"/> les appartements localis\u00e9s d<span class=\"_ _d\"/>ans des b\u00e2<span class=\"_ _d\"/>timents abritant des bu<span class=\"_ _d\"/>reaux de<span class=\"_ _d\"/> poste.</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmeub<span class=\"_ _5\"/>les de pl<span class=\"_ _5\"/>aceme<span class=\"_ _5\"/>nt sont \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur co\u00fb<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>quisit<span class=\"_ _5\"/>ion, s<span class=\"_ _5\"/>ous d\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s amor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s cumu<span class=\"_ _5\"/>l\u00e9s et de<span class=\"_ _5\"/>s r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cumul<span class=\"_ _5\"/>\u00e9es<span class=\"_ _5\"/>. Le mont<span class=\"_ _5\"/>ant am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ti es<span class=\"_ _5\"/>t allou<span class=\"_ _5\"/>\u00e9 de mani\u00e8<span class=\"_ _5\"/>re sy<span class=\"_ _5\"/>st\u00e9ma<span class=\"_ _5\"/>tique e<span class=\"_ _5\"/>n fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n de la dur\u00e9<span class=\"_ _5\"/>e d\u2019utilit<span class=\"_ _5\"/>\u00e9 (<span class=\"_ _d\"/>en g\u00e9<span class=\"_ _5\"/>n\u00e9r<span class=\"_ _5\"/>al 40 an<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>\u00e9coula<span class=\"_ _5\"/>nt des imm<span class=\"_ _5\"/>euble<span class=\"_ _5\"/>s de pla<span class=\"_ _5\"/>cemen<span class=\"_ _5\"/>t s\u2019<span class=\"_ _d\"/>\u00e9l\u00e8v<span class=\"_ _5\"/>ent \u00e0 0,<span class=\"_ _5\"/>5 mEUR (2021<span class=\"_ _5\"/>: 0,6 mEUR). L<span class=\"_ _3b\"/>\u2019es<span class=\"_ _5\"/>timati<span class=\"_ _5\"/>on de la jus<span class=\"_ _5\"/>te val<span class=\"_ _5\"/>eur des</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">imme<span class=\"_ _5\"/>uble<span class=\"_ _5\"/>s de place<span class=\"_ _5\"/>ment a dim<span class=\"_ _5\"/>inu\u00e9 de 4,<span class=\"_ _5\"/>2 mEUR \u00e0 3<span class=\"_ _5\"/>,4 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 972px; height: 110px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentPropertyExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag471": {
   "value": "\n<div class=\"t m0 x5 h1a y88 ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.18 <span class=\"_ _4\"> </span>Ac<span class=\"_ _5\"/>ti<span class=\"_ _d\"/>fs d\u00e9tenus en vue d<span class=\"_ _d\"/>e la vent<span class=\"_ _1\"/>e</div>\n<div class=\"t m0 x7 hb y8a ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yb5a ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hc yb5b ff5 fs7 fc2 sc0 ls51 ws61\" style=\"z-index: 15;\">ACTIFS</div>\n<div class=\"t m0 x7 hd yb5c ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">Immobilisations<span class=\"_ _d\"/> corporelles<span class=\"_ _217\"> </span><span class=\"ls14 ws16\">1,0<span class=\"_ _13e\"> </span>1,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd yb5d ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">bpost banque</div>\n<div class=\"t m0 x10b hd yb5e ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _130\"> </span><span class=\"ls17 ws19\">119,<span class=\"_ _5\"/>5</span></div>\n<div class=\"t m0 x7 hd yb5f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ubiway Retail<span class=\"_ _218\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1de\"> </span><span class=\"ls2b ws2d\">42,<span class=\"_ _5\"/>2</span></span></div>\n<div class=\"t m0 x7 hf yb60 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ACTIF<span class=\"_ _d\"/>S DESTIN\u00c9S \u00c0 LA VENTE</div>\n<div class=\"t m0 x56 h1b yb61 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">1,0<span class=\"_ _1c9\"> </span><span class=\"ls20 ws22\">163,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yb62 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Passif<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd yb63 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ubiway Retail<span class=\"_ _218\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1d7\"> </span><span class=\"ls1b ws1d\">39,7</span></span></div>\n<div class=\"t m0 x7 hf yb64 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">P<span class=\"_ _d\"/>ASSIFS DIREC<span class=\"_ _d\"/>TEMENT LI\u00c9S \u00c0 DES ACTIF<span class=\"_ _d\"/>S DESTIN\u00c9S \u00c0 LA VENTE</div>\n<div class=\"t m0 x56 h1b yb65 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _23\"> </span><span class=\"lsd4 wsf5\">39,7</span></div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La di<span class=\"_ _5\"/>minuti<span class=\"_ _5\"/>on net<span class=\"_ _5\"/>te de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs de<span class=\"_ _5\"/>st<span class=\"_ _5\"/>in\u00e9s \u00e0 la ve<span class=\"_ _5\"/>nte et de<span class=\"_ _5\"/>s pas<span class=\"_ _5\"/>sifs d<span class=\"_ _5\"/>est<span class=\"_ _5\"/>in\u00e9s \u00e0 la v<span class=\"_ _5\"/>ente s'expl<span class=\"_ _5\"/>ique par l<span class=\"_ _5\"/>a vente de b<span class=\"_ _5\"/>post b<span class=\"_ _5\"/>anque (<span class=\"_ _5\"/>prix d<span class=\"_ _5\"/>e vente 119,<span class=\"_ _5\"/>4</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mEUR) e<span class=\"_ _5\"/>t d'Ubiway R<span class=\"_ _5\"/>etail (<span class=\"_ _5\"/>prix d<span class=\"_ _5\"/>e vente 2,<span class=\"_ _5\"/>5 mEUR) a<span class=\"_ _5\"/>u premi<span class=\"_ _5\"/>er tr<span class=\"_ _5\"/>imes<span class=\"_ _5\"/>tre 202<span class=\"_ _5\"/>2.</div>\n<div class=\"t m0 x5 hb y95 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Immobilisations c<span class=\"_ _d\"/>orporelles</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le no<span class=\"_ _5\"/>mbre de b<span class=\"_ _5\"/>\u00e2time<span class=\"_ _5\"/>nts re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s comme ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9te<span class=\"_ _5\"/>nus en v<span class=\"_ _5\"/>ue de la ve<span class=\"_ _5\"/>nte s\u2019<span class=\"_ _d\"/>\u00e9le<span class=\"_ _5\"/>vait \u00e0 5 \u00e0 la f<span class=\"_ _5\"/>in de l\u2019ann\u00e9<span class=\"_ _5\"/>e 2021, p<span class=\"_ _5\"/>our 3 \u00e0 la f<span class=\"_ _5\"/>in de 202<span class=\"_ _5\"/>2. Ce<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s sont con<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>tu\u00e9s d<span class=\"_ _5\"/>e point<span class=\"_ _5\"/>s de ve<span class=\"_ _5\"/>nte, de bur<span class=\"_ _5\"/>eaux ou d<span class=\"_ _5\"/>e Mail Cen<span class=\"_ _5\"/>ters d<span class=\"_ _5\"/>emeur<span class=\"_ _5\"/>\u00e9s vac<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s \u00e0 la suite d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>opt<span class=\"_ _5\"/>imis<span class=\"_ _5\"/>ation du r<span class=\"_ _5\"/>\u00e9sea<span class=\"_ _5\"/>u des bu<span class=\"_ _5\"/>reaux</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de po<span class=\"_ _5\"/>ste et d<span class=\"_ _5\"/>es Mail C<span class=\"_ _5\"/>enter<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>lus \u2013 valu<span class=\"_ _5\"/>es de ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns pour u<span class=\"_ _5\"/>n mont<span class=\"_ _5\"/>ant de 6,<span class=\"_ _5\"/>5 mEUR (20<span class=\"_ _5\"/>21 : 15,<span class=\"_ _5\"/>1 mEUR) ont \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9es da<span class=\"_ _5\"/>ns le compt<span class=\"_ _5\"/>e de r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s sou<span class=\"_ _5\"/>s la</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on 6.<span class=\"_ _5\"/>9 \u201c<span class=\"_ _1\"/>A<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s produ<span class=\"_ _5\"/>its d'ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n\u201d<span class=\"_ _1\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 477px; height: 455px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag468": {
   "value": "\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y56 ffc fs11 fc2 sc0 lsa1 ws99\" style=\"z-index: 15;\">6.19 <span class=\"_\"> </span>Immobilisations incorporelles</div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc yb66 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb67 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb66 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb67 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb66 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb68 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">CO\u00dbT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hf yb69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb6a ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xb6 h1b yb6b ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">660,<span class=\"_ _5\"/>0<span class=\"_ _eb\"> </span><span class=\"ls20 ws22\">168<span class=\"_ _5\"/>,3<span class=\"_ _11e\"> </span><span class=\"ls26 ws28\">198,4<span class=\"_ _11e\"> </span></span>118<span class=\"_ _5\"/>,3<span class=\"_ _bc\"> </span><span class=\"ls1a ws1c\">51,<span class=\"_ _5\"/>1<span class=\"_ _206\"> </span><span class=\"ls2e ws30\">1.196,0</span></span></span></div>\n<div class=\"t m0 x7 hd yb6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _120\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls17 ws19\">9,5<span class=\"_ _105\"> </span><span class=\"ls3b ws43\">15,1<span class=\"_ _80\"> </span></span></span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _105\"> </span><span class=\"ls1a ws1c\">24,6</span></span></div>\n<div class=\"t m0 x7 hd yb6d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yb6e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yb6d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb6f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _ba\"> </span><span class=\"ls17 ws19\">(9,0)<span class=\"_ _80\"> </span></span></span>0,3<span class=\"_ _42\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>6)<span class=\"_ _d4\"> </span>(1<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd yb70 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _a5\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _bc\"> </span></span></span></span>(3<span class=\"_ _5\"/>,2)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _1cf\"> </span><span class=\"ls1b ws1d\">(2<span class=\"_ _5\"/>1,7<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7 hd yb71 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ve<span class=\"_ _5\"/>rs d'au<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s cat\u00e9g<span class=\"_ _5\"/>ori<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x7 hd yb72 ff4 fs8 fc2 sc0 ls3c ws46\" style=\"z-index: 15;\">de<span class=\"_ _5\"/> l'ac<span class=\"_ _5\"/>t<span class=\"_ _5\"/>if</div>\n<div class=\"t m0 x183 hd yb71 ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">(28<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(2<span class=\"_ _5\"/>,2)<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>2<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(4,6<span class=\"_ _5\"/>)<span class=\"_ _ac\"> </span><span class=\"ls0 ws0\">(3<span class=\"_ _5\"/>5,0)</span></span></span></div>\n<div class=\"t m0 x7 hd yb73 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _4a\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls3b ws43\">5,1<span class=\"_ _80\"> </span><span class=\"ls7 ws8\">5,8<span class=\"_ _80\"> </span><span class=\"ls28 ws2a\">2,6<span class=\"_ _42\"> </span><span class=\"ls90 wsa4\">51<span class=\"_ _5\"/>,3</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb74 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span></span>(0,<span class=\"_ _5\"/>2)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _bc\"> </span></span>(0<span class=\"_ _5\"/>,2)</span></div>\n<div class=\"t m0 x7 hf yb75 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xb6 h1b yb76 ff7 fs8 fc3 sc0 ls3b ws43\" style=\"z-index: 15;\">652,<span class=\"_ _5\"/>2<span class=\"_ _1cf\"> </span><span class=\"lsd2 wsf2\">17<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _ac\"> </span><span class=\"ls1f ws21\">205,<span class=\"_ _5\"/>8<span class=\"_ _eb\"> </span><span class=\"ls2c ws2e\">121,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span></span>47,<span class=\"_ _2\"/>5<span class=\"_ _dd\"> </span><span class=\"lsd4 wsf5\">1.<span class=\"_ _5\"/>20<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 144px; height: 263px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 144px; height: 263px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 144px; height: 293px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 144px; height: 293px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x7 hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb77 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb78 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb79 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">CO\u00dbT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xb6 h1b yb7c ff7 fs8 fc3 sc0 ls3b ws43\" style=\"z-index: 15;\">652,<span class=\"_ _5\"/>2<span class=\"_ _1cf\"> </span><span class=\"lsd2 wsf2\">17<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _ac\"> </span><span class=\"ls1f ws21\">205,<span class=\"_ _5\"/>8<span class=\"_ _eb\"> </span><span class=\"ls2c ws2e\">121,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span></span>47,<span class=\"_ _2\"/>5<span class=\"_ _dd\"> </span><span class=\"lsd4 wsf5\">1.<span class=\"_ _5\"/>20<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd yb7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _120\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _83\"> </span><span class=\"ls1d ws1f\">6,<span class=\"_ _5\"/>2<span class=\"_ _ba\"> </span><span class=\"ls42 ws4c\">1<span class=\"_ _5\"/>2,2<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _80\"> </span></span></span></span>0,0<span class=\"_ _42\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd yb7e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yb7f ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x4a hd yb7e ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">42,<span class=\"_ _5\"/>5<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,0<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _21a\"> </span><span class=\"ls1b ws1d\">4,7<span class=\"_ _42\"> </span><span class=\"ls2e ws30\">48,<span class=\"_ _5\"/>2</span></span></span></div>\n<div class=\"t m0 x7 hd yb80 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _21b\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>4)<span class=\"_ _7e\"> </span><span class=\"ls12 ws14\">(17,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _ba\"> </span>(0,0)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ac\"> </span></span></span></span>(2<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x7 hd yb81 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _100\"> </span>(0<span class=\"_ _5\"/>,0)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _42\"> </span></span>(0,0)</div>\n<div class=\"t m0 x7 hd yb82 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ve<span class=\"_ _5\"/>rs d'au<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s cat\u00e9g<span class=\"_ _5\"/>ori<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x7 hd yb83 ff4 fs8 fc2 sc0 ls3c ws46\" style=\"z-index: 15;\">de<span class=\"_ _5\"/> l'ac<span class=\"_ _5\"/>t<span class=\"_ _5\"/>if</div>\n<div class=\"t m0 x44 hd yb82 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>0,1)<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(0,1)</span></div>\n<div class=\"t m0 x7 hd yb84 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21c\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>3<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls26 ws28\">3,9<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">4,6<span class=\"_ _80\"> </span>1,8<span class=\"_ _105\"> </span><span class=\"ls1b ws1d\">3<span class=\"_ _5\"/>9,7</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb85 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>0,1)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>4<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _80\"> </span></span>0,1<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></span></div>\n<div class=\"t m0 x7 hf yb86 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xb6 h1b yb87 ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">718,<span class=\"_ _5\"/>6<span class=\"_ _eb\"> </span><span class=\"ls20 ws22\">16<span class=\"_ _5\"/>6,8<span class=\"_ _11e\"> </span><span class=\"ls13 ws15\">222,0<span class=\"_ _11e\"> </span><span class=\"ls7 ws8\">126,0<span class=\"_ _10d\"> </span><span class=\"ls1d ws1f\">54,0<span class=\"_ _21d\"> </span><span class=\"lsd2 wsf2\">1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>2<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3</span></span></span></span></span></div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc yb88 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb89 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb88 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb89 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb88 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb8a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">R\u00c9\u00c9VALUA<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x7 hf yb8b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb8c ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb8b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x44 h1b yb8d ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb8e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb8f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb90 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd yb91 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb92 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb93 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yb94 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x44 h1b yb95 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hf yb96 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb97 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb96 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x44 h1b yb98 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb99 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb9a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb9b ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd yb9c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb9d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb9e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yb9f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x44 h1b yba0 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n\n<div class=\"t m0 x7 hc yba1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yba2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yba1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yba2 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yba1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yba3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TISS<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT<span class=\"_ _5\"/>S ET RE<span class=\"_ _5\"/>DUC<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>NS DE</div>\n<div class=\"t m0 x7 hc yba4 ff5 fs7 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">VALEU<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x7 hf yba5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yba6 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yba5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xbb h1b yba7 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>9<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>18<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4)<span class=\"_ _91\"> </span>(16<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"lsd4 wsf5\">(4<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>9)<span class=\"_ _10a\"> </span><span class=\"ls2b ws2d\">(21<span class=\"_ _5\"/>,0)<span class=\"_ _91\"> </span></span>(42<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd yba8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yba9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yba8 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd ybaa ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>0<span class=\"_ _bc\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,3)<span class=\"_ _21a\"> </span><span class=\"ls14 ws16\">1,6<span class=\"_ _42\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybab ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _36\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _2\"/>2<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,8<span class=\"_ _21a\"> </span><span class=\"ls1b ws1d\">1,7<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _105\"> </span><span class=\"ls1b ws1d\">19,7</span></span></span></div>\n<div class=\"t m0 x7 hd ybac ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _11d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _107\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _107\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,7<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _d\"/>,1)<span class=\"_ _bc\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,9)<span class=\"_ _d4\"> </span>(42<span class=\"_ _5\"/>,9)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybad ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _10b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,4<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _ba\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,4)<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,0</span></span></div>\n<div class=\"t m0 x7 hd ybae ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s classifi\u00e9s comme d\u00e9tenus<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hd ybaf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en v<span class=\"_ _5\"/>ue de la ve<span class=\"_ _5\"/>nte ou co<span class=\"_ _5\"/>mme</div>\n<div class=\"t m0 x7 hd ybb0 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">immeuble<span class=\"_ _d\"/> e plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4a hd ybb1 ff4 fs8 fc2 sc0 ls1d ws1f\" style=\"z-index: 15;\">28,3<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,9<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _80\"> </span></span>4,6<span class=\"_ _42\"> </span>34,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ybb2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _1d8\"> </span><span class=\"ls90 wsa4\">(0,1)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bc\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>,4)<span class=\"_ _ba\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>8)<span class=\"_ _ba\"> </span><span class=\"ls2b ws2d\">(5,9)</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybb3 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _ba\"> </span>(0,0)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></span></div>\n<div class=\"t m0 x7 hf ybb4 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xbb h1b ybb5 ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(32<span class=\"_ _5\"/>,4)<span class=\"_ _94\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2)<span class=\"_ _91\"> </span>(1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _d\"/>52,1<span class=\"_ _d\"/>)<span class=\"_ _1cc\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>20,<span class=\"_ _5\"/>5)<span class=\"_ _109\"> </span><span class=\"lsd2 wsf2\">(4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 65px; height: 312px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 65px; height: 1019px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 65px; height: 1019px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 65px; height: 1019px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 65px; height: 1019px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb77 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb78 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xbb h1b yb7c ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(32<span class=\"_ _5\"/>,4)<span class=\"_ _94\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2)<span class=\"_ _91\"> </span>(1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _d\"/>52,1<span class=\"_ _d\"/>)<span class=\"_ _1cc\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>20,<span class=\"_ _5\"/>5)<span class=\"_ _109\"> </span><span class=\"lsd2 wsf2\">(4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yb7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd ybb6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yb7d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb7f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls28 ws2a\">5,4<span class=\"_ _20a\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _5\"/>6<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,5<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _42\"> </span></span></span>2<span class=\"_ _5\"/>3,4</span></div>\n<div class=\"t m0 x7 hd yb80 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _30\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb81 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _11d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ac\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3)<span class=\"_ _d4\"> </span>(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls90 wsa4\">(4,6<span class=\"_ _5\"/>)<span class=\"_ _d4\"> </span><span class=\"ls42 ws4c\">(42,<span class=\"_ _1\"/>7)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb82 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _10b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd ybb7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ybb8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ybb9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd ybba ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,1<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _80\"> </span>0,1</div>\n<div class=\"t m0 x7 hd ybbb ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _ba\"> </span><span class=\"ls17 ws19\">(2,<span class=\"_ _5\"/>6)<span class=\"_ _bc\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _42\"> </span>(0,7<span class=\"_ _5\"/>)<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ybbc ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>1<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _ba\"> </span>(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span></span>0,1<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _42\"> </span>(0,0)</span></span></div>\n<div class=\"t m0 x7 hf ybbd ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xb6 h1b ybbe ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>27,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>0)<span class=\"_ _21f\"> </span>(18<span class=\"_ _5\"/>5<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"lsdb wsfb\">(6<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>9)<span class=\"_ _10a\"> </span><span class=\"ls9d wsaf\">(<span class=\"_ _d\"/>25,8<span class=\"_ _1\"/>)<span class=\"_ _91\"> </span><span class=\"lsd4 wsf5\">(43<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>6)</span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 785px; height: 299px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc ybbf ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc ybc0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc ybbf ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL</span></div>\n<div class=\"t m0 x47 hc ybc0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">RELATIONS</div>\n<div class=\"t m0 x184 hc ybbf ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">CLIENT\u00c8LE</div>\n<div class=\"t m0 x132 hc ybc0 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc ybbf ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc ybc1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR N<span class=\"_ _5\"/>ET<span class=\"_ _5\"/>TE COM<span class=\"_ _5\"/>PTA<span class=\"_ _5\"/>BLE</div>\n<div class=\"t m0 x7 hd ybc2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>1<span class=\"_ _133\"> </span><span class=\"ls1b ws1d\">619<span class=\"_ _5\"/>,7 <span class=\"_ _10d\"> </span></span>43,<span class=\"_ _5\"/>6 <span class=\"_ _10d\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> <span class=\"_ _10d\"> </span></span>69,<span class=\"_ _5\"/>3 <span class=\"_ _bc\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/> <span class=\"_ _1cf\"> </span>7<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/> </span></div>\n<div class=\"t m0 x7 hd ybc3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2<span class=\"_ _220\"> </span><span class=\"ls23 ws25\">6<span class=\"_ _5\"/>91,<span class=\"_ _5\"/>6 <span class=\"_ _af\"> </span></span>3<span class=\"_ _5\"/>4,8 <span class=\"_ _10d\"> </span><span class=\"ls1d ws1f\">36,1 <span class=\"_ _af\"> </span></span>6<span class=\"_ _5\"/>5,1 <span class=\"_ _af\"> </span>2<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2 <span class=\"_ _eb\"> </span><span class=\"ls7 ws8\">855,<span class=\"_ _5\"/>8</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 627px; height: 457px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 627px; height: 457px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent et de d<span class=\"_ _5\"/>\u00e9pr\u00e9<span class=\"_ _5\"/>ciatio<span class=\"_ _5\"/>n se so<span class=\"_ _5\"/>nt \u00e9lev\u00e9<span class=\"_ _5\"/>es \u00e0 42,7 mEUR en 20<span class=\"_ _5\"/>22 et s<span class=\"_ _5\"/>ont simi<span class=\"_ _5\"/>laires \u00e0 c<span class=\"_ _5\"/>elles d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>\u00e9e der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>41,9</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls39 ws41\" style=\"z-index: 15;\">mEU<span class=\"_ _5\"/>R).  </div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur s<span class=\"_ _5\"/>ont re<span class=\"_ _5\"/>pris da<span class=\"_ _5\"/>ns la se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on \u201cD\u00e9<span class=\"_ _5\"/>pr\u00e9ci<span class=\"_ _5\"/>ations e<span class=\"_ _5\"/>t amor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>s\u201d du co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 537px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions inco<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s ont augm<span class=\"_ _5\"/>ent\u00e9 de 5<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>8 mEUR, e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on sur<span class=\"_ _5\"/>tou<span class=\"_ _5\"/>t de :</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on du goo<span class=\"_ _5\"/>dwill de 42<span class=\"_ _5\"/>,5 mEU<span class=\"_ _5\"/>R due \u00e0 l'acquis<span class=\"_ _5\"/>ition d'Aldip<span class=\"_ _5\"/>res<span class=\"_ _5\"/>s et d'IM<span class=\"_ _5\"/>X ;</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>la comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on d'un logi<span class=\"_ _5\"/>ciel de 1,<span class=\"_ _5\"/>0 mEUR et d'un<span class=\"_ _5\"/>e d\u00e9nom<span class=\"_ _5\"/>inatio<span class=\"_ _5\"/>n commer<span class=\"_ _5\"/>ciale de 4,7 mEUR da<span class=\"_ _5\"/>ns le ca<span class=\"_ _5\"/>dre de l'alloc<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>u prix d'ac<span class=\"_ _5\"/>hat</div>\n<div class=\"t m0 x2a h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'IM<span class=\"_ _5\"/>X , la migr<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e l'infra<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>ture IT ve<span class=\"_ _5\"/>rs l'enviro<span class=\"_ _5\"/>nnem<span class=\"_ _5\"/>ent clou<span class=\"_ _5\"/>d et le no<span class=\"_ _5\"/>uveau mo<span class=\"_ _5\"/>d\u00e8le d<span class=\"_ _5\"/>e dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion ;</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>des a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e 18,<span class=\"_ _5\"/>3 mEUR pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt li\u00e9e<span class=\"_ _5\"/>s aux co\u00fb<span class=\"_ _5\"/>ts de d<span class=\"_ _5\"/>\u00e9velo<span class=\"_ _5\"/>ppem<span class=\"_ _5\"/>ent IC<span class=\"_ _5\"/>T capi<span class=\"_ _5\"/>talis<span class=\"_ _5\"/>\u00e9s ;</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l\u2019\u00e9volut<span class=\"_ _5\"/>ion du ta<span class=\"_ _5\"/>ux de cha<span class=\"_ _5\"/>nge (35,1 m<span class=\"_ _5\"/>EUR), princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent li\u00e9<span class=\"_ _5\"/>e \u00e0 l\u2019<span class=\"_ _d\"/>\u00e9vo<span class=\"_ _5\"/>lutio<span class=\"_ _5\"/>n du good<span class=\"_ _5\"/>will en USD ;</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent neu<span class=\"_ _5\"/>tral<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>ar des a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e valeur s<span class=\"_ _5\"/>e chiff<span class=\"_ _5\"/>rant \u00e0 42,7 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>egro<span class=\"_ _5\"/>upeme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s selon l<span class=\"_ _5\"/>a m\u00e9th<span class=\"_ _5\"/>ode d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion. L<span class=\"_ _5\"/>e co\u00fbt d\u2019une a<span class=\"_ _5\"/>cquisit<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t d\u00e9f<span class=\"_ _5\"/>ini com<span class=\"_ _5\"/>me l\u2019agr\u00e9g<span class=\"_ _5\"/>at de</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie tra<span class=\"_ _5\"/>nsf\u00e9<span class=\"_ _5\"/>r\u00e9e, \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>e \u00e0 sa jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur \u00e0 la date d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n, et du m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t des int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s minor<span class=\"_ _5\"/>ita<span class=\"_ _5\"/>ires dan<span class=\"_ _5\"/>s l\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise ac<span class=\"_ _5\"/>quise<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 372px; height: 712px; width: 92%; z-index: 3;\"><br/></div>\n\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y5b ff7 fs6 fc3 sc0 ls51 ws61\" style=\"z-index: 15;\">Goodwill</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill e<span class=\"_ _5\"/>st ini<span class=\"_ _5\"/>tialem<span class=\"_ _5\"/>ent \u00e9v<span class=\"_ _5\"/>alu\u00e9 au co\u00fb<span class=\"_ _5\"/>t, so<span class=\"_ _5\"/>it l\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>c\u00e9dent d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>agr<span class=\"_ _5\"/>\u00e9gat de l<span class=\"_ _5\"/>a contre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e sur le ne<span class=\"_ _5\"/>t ident<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>able de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs ac<span class=\"_ _5\"/>quis et</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>ifs sup<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>s. A<span class=\"_ _5\"/>pr\u00e8s co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>tion ini<span class=\"_ _5\"/>tiale, le g<span class=\"_ _5\"/>oodw<span class=\"_ _5\"/>ill es<span class=\"_ _5\"/>t \u00e9valu\u00e9 a<span class=\"_ _5\"/>u co\u00fbt mo<span class=\"_ _5\"/>ins toute<span class=\"_ _5\"/>s r\u00e9du<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons de va<span class=\"_ _5\"/>leur acc<span class=\"_ _5\"/>umul\u00e9e<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill a \u00e9<span class=\"_ _5\"/>t\u00e9 allou<span class=\"_ _5\"/>\u00e9 \u00e0 chaque u<span class=\"_ _5\"/>nit\u00e9 g\u00e9n\u00e9<span class=\"_ _5\"/>ratr<span class=\"_ _5\"/>ice de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>ou g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>es d\u2019unit\u00e9<span class=\"_ _5\"/>s g\u00e9n\u00e9r<span class=\"_ _5\"/>atr<span class=\"_ _5\"/>ices de t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie) du group<span class=\"_ _5\"/>e en acco<span class=\"_ _5\"/>rd avec</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IA<span class=\"_ _5\"/>S 36 R\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeur d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s.</div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ybc4 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x7d hc ybc5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BELGIUM</div>\n<div class=\"t m0 xcb hc ybc6 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _5\"/>AS<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 xcb hc ybc7 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">MILE<span class=\"_ _66\"> </span>PRE<span class=\"_ _5\"/>SS</div>\n<div class=\"t m0 xeb hc ybc6 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">PAR<span class=\"_ _d\"/>CELS<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x158 hc ybc7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">BE<span class=\"_ _5\"/>NE</div>\n<div class=\"t m0 x185 hc ybc8 ff5 fs7 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">PERSO<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x115 hc ybc9 ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">NALIS<span class=\"_ _d\"/>ED</div>\n<div class=\"t m0 x143 hc ybca ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">LOGIS<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x5f hc ybcb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TICS</div>\n<div class=\"t m0 x11f hc ybca ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">RADIAL</div>\n<div class=\"t m0 x186 hc ybcb ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EUROPE</div>\n<div class=\"t m0 xd0 hc ybca ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">ACTIVE<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x84 hc ybcb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ANTS</div>\n<div class=\"t m0 xb3 hc ybcc ff7 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">E-LO<span class=\"_ _5\"/><span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x56 hc ybcd ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">GI<span class=\"_ _5\"/>STI<span class=\"_ _5\"/>CS</div>\n<div class=\"t m0 x177 hc ybce ff5 fs7 fc2 sc0 ls51 ws61\" style=\"z-index: 15;\">EUR<span class=\"_ _5\"/>ASIA</div>\n<div class=\"t m0 xc7 hc ybcf ff7 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">E-LO<span class=\"_ _5\"/><span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x104 hc ybd0 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">GI<span class=\"_ _5\"/>STI<span class=\"_ _5\"/>CS</div>\n<div class=\"t m0 xf0 hc ybd1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NORTH</div>\n<div class=\"t m0 x103 hc ybd2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">AMERICA<span class=\"_ _8d\"> </span><span class=\"lsa0 wsb3\">AUTRE<span class=\"_ _17\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></span></div>\n<div class=\"t m0 x7 hf ybd3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 1</div>\n<div class=\"t m0 xe1 h22 ybd4 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x20 hf ybd3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x62 h1b ybd5 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _8f\"> </span><span class=\"ls2c ws2e\">21,<span class=\"_ _5\"/>9<span class=\"_ _6c\"> </span><span class=\"ls49 ws57\">38,3<span class=\"_ _221\"> </span></span></span>0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _68\"> </span><span class=\"lsd2 wsf2\">5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _17\"> </span><span class=\"ls25 ws27\">463,5<span class=\"_ _221\"> </span><span class=\"ls4c ws5a\">1,5<span class=\"_ _66\"> </span><span class=\"ls1d ws1f\">582,<span class=\"_ _5\"/>2</span></span></span></span></div>\n<div class=\"t m0 x7 hd ybd6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansfer<span class=\"_ _5\"/>t<span class=\"_ _1de\"> </span><span class=\"ls1b ws1d\">5<span class=\"_ _5\"/>4,7<span class=\"_ _87\"> </span><span class=\"ls0 ws0\">(21,<span class=\"_ _5\"/>9)<span class=\"_ _73\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>3)<span class=\"_ _69\"> </span><span class=\"ls18 ws1a\">20,0<span class=\"_ _69\"> </span><span class=\"ls28 ws2a\">13,4<span class=\"_ _69\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>9<span class=\"_ _86\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _96\"> </span></span></span></span>0,0<span class=\"_ _76\"> </span></span></span>(0<span class=\"_ _5\"/>,9)<span class=\"_ _96\"> </span><span class=\"ls18 ws1a\">0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ybd7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ecar<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _4e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _96\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _96\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _72\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,7<span class=\"_ _96\"> </span></span>0,0<span class=\"_ _72\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,7</span></span></div>\n<div class=\"t m0 x7 hf ybd8 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xcb h1b ybd9 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>4,7<span class=\"_ _221\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _76\"> </span>20,0<span class=\"_ _8f\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>4<span class=\"_ _6c\"> </span><span class=\"lsbb wsd8\">2<span class=\"_ _5\"/>9,9<span class=\"_ _221\"> </span></span></span>0,0<span class=\"_ _17\"> </span><span class=\"lsbb wsd8\">501<span class=\"_ _5\"/>,2<span class=\"_ _222\"> </span></span></span>0,7<span class=\"_ _87\"> </span>61<span class=\"_ _5\"/>9,7</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 104px; height: 138px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 104px; height: 138px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 104px; height: 258px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 104px; height: 980px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ybda ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x13d hc ybdb ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BELGIUM</div>\n<div class=\"t m0 x187 hc ybda ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _5\"/>AS<span class=\"_ _5\"/>T MIL<span class=\"_ _5\"/>E</div>\n<div class=\"t m0 x6e hc ybdc ff5 fs7 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">PERSO<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x40 hc ybdd ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">NALIS<span class=\"_ _d\"/>ED</div>\n<div class=\"t m0 x58 hc ybde ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">LOGIS<span class=\"_ _5\"/>TICS</div>\n<div class=\"t m0 x70 hc ybdd ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">RADIAL</div>\n<div class=\"t m0 x6f hc ybde ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EUROPE<span class=\"_ _d9\"> </span><span class=\"ls50 ws5f\">ACTIVE ANT<span class=\"_ _d\"/>S</span></div>\n<div class=\"t m0 x1a hc ybdd ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">CR<span class=\"_ _5\"/>OSS</div>\n<div class=\"t m0 x17 hc ybde ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BORDER</div>\n<div class=\"t m0 x1 hc ybdf ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">E-LOGISTIC<span class=\"_ _5\"/>S<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x67 hc ybe0 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NORTH</div>\n<div class=\"t m0 x73 hc ybe1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">AMERICA<span class=\"_ _84\"> </span><span class=\"lsa0 wsb3\">AUTRE<span class=\"_ _96\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></span></div>\n<div class=\"t m0 x7 hf ybe2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 1</div>\n<div class=\"t m0 xe1 h22 ybe3 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x20 hf ybe2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x13b h1b ybe4 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>4,7<span class=\"_ _44\"> </span><span class=\"ls14 ws16\">20,0<span class=\"_ _77\"> </span><span class=\"ls25 ws27\">1<span class=\"_ _5\"/>3,4<span class=\"_ _77\"> </span><span class=\"lsbb wsd8\">29,<span class=\"_ _5\"/>9<span class=\"_ _7f\"> </span></span></span>0,0<span class=\"_ _96\"> </span><span class=\"lsbb wsd8\">5<span class=\"_ _5\"/>01,<span class=\"_ _5\"/>2<span class=\"_ _7f\"> </span></span></span>0<span class=\"_ _5\"/>,7<span class=\"_ _97\"> </span>6<span class=\"_ _5\"/>19,7</div>\n<div class=\"t m0 x7 hd ybe5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _23\"> </span><span class=\"ls42 ws4c\">22,<span class=\"_ _5\"/>3<span class=\"_ _136\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _136\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _205\"> </span>20,2<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _205\"> </span><span class=\"ls2b ws2d\">42,<span class=\"_ _5\"/>5</span></span></span></div>\n<div class=\"t m0 x7 hd ybe6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _13a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _223\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansfer<span class=\"_ _5\"/>t<span class=\"_ _224\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _44\"> </span><span class=\"ls17 ws19\">(2,<span class=\"_ _5\"/>0)<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>,7<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _b0\"> </span><span class=\"ls0 ws0\">(0,6)<span class=\"_ _206\"> </span></span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ecar<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _44\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _138\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _44\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _1c6\"> </span><span class=\"ls17 ws19\">29,4<span class=\"_ _138\"> </span></span></span>0,0<span class=\"_ _205\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hf ybea ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x48 h1b ybeb ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _205\"> </span>17,<span class=\"_ _5\"/>9<span class=\"_ _44\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>3<span class=\"_ _77\"> </span><span class=\"lsbb wsd8\">29,<span class=\"_ _5\"/>9<span class=\"_ _77\"> </span><span class=\"ls13 ws15\">22,9<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">530,<span class=\"_ _5\"/>6<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _96\"> </span><span class=\"ls86 ws50\">6<span class=\"_ _5\"/>91,6</span></span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 896px; height: 188px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 896px; height: 188px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation du g<span class=\"_ _5\"/>oodw<span class=\"_ _5\"/>ill de 619,7 mEUR \u00e0 691,6 mEUR e<span class=\"_ _5\"/>st du<span class=\"_ _5\"/>e, d'une par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>, au goo<span class=\"_ _5\"/>dwill comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 li\u00e9 \u00e0 l'ach<span class=\"_ _5\"/>at d'IMX e<span class=\"_ _5\"/>t d'<span class=\"_ _1\"/>A<span class=\"_ _5\"/>ldipre<span class=\"_ _5\"/>ss e<span class=\"_ _5\"/>t,</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'autre p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t, \u00e0 l'\u00e9volut<span class=\"_ _5\"/>ion du t<span class=\"_ _5\"/>aux de ch<span class=\"_ _5\"/>ange.</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 la sui<span class=\"_ _5\"/>te de la nou<span class=\"_ _5\"/>velle s<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>e orga<span class=\"_ _5\"/>nisat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle 202<span class=\"_ _5\"/>2 de bpo<span class=\"_ _5\"/>stg<span class=\"_ _5\"/>roup sur la b<span class=\"_ _5\"/>ase de<span class=\"_ _5\"/>s nou<span class=\"_ _5\"/>veaux s<span class=\"_ _5\"/>egme<span class=\"_ _5\"/>nts o<span class=\"_ _5\"/>p\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>els B<span class=\"_ _5\"/>elgiu<span class=\"_ _5\"/>m,</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">E-Lo<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eurasi<span class=\"_ _5\"/>a et E-Lo<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>ics N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>meri<span class=\"_ _5\"/>ca, le<span class=\"_ _5\"/>s unit\u00e9s g<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>ces de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e ont \u00e9t\u00e9 r\u00e9<span class=\"_ _5\"/>org<span class=\"_ _5\"/>anis\u00e9<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>in 2021 af<span class=\"_ _5\"/>in de re<span class=\"_ _5\"/>fl\u00e9<span class=\"_ _5\"/>ter le plu<span class=\"_ _5\"/>s pet<span class=\"_ _5\"/>it</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gro<span class=\"_ _5\"/>upe d'ac<span class=\"_ _5\"/>tifs g\u00e9<span class=\"_ _5\"/>n\u00e9r<span class=\"_ _5\"/>ant des f<span class=\"_ _5\"/>lux e<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie ind<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>dant<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment \u00e0 l<span class=\"_ _5\"/>a str<span class=\"_ _5\"/>at\u00e9gie v<span class=\"_ _5\"/>isan<span class=\"_ _5\"/>t \u00e0 tran<span class=\"_ _5\"/>sfor<span class=\"_ _5\"/>mer le<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivi<span class=\"_ _5\"/>t\u00e9s de B<span class=\"_ _5\"/>elgium e<span class=\"_ _5\"/>n un mod<span class=\"_ _5\"/>\u00e8le rep<span class=\"_ _5\"/>osan<span class=\"_ _5\"/>t sur les col<span class=\"_ _5\"/>is et int\u00e9<span class=\"_ _5\"/>grant l<span class=\"_ _5\"/>e courr<span class=\"_ _5\"/>ier nat<span class=\"_ _5\"/>ional<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le goo<span class=\"_ _5\"/>dwill li<span class=\"_ _5\"/>\u00e9 au \u201clas<span class=\"_ _5\"/>t mile de<span class=\"_ _5\"/>liver<span class=\"_ _5\"/>y<span class=\"_ _5\"/>\u201d des col<span class=\"_ _5\"/>is en Be<span class=\"_ _5\"/>lgiqu<span class=\"_ _5\"/>e (par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>e l\u2019UGT P<span class=\"_ _5\"/>arcel<span class=\"_ _5\"/>s BeN<span class=\"_ _5\"/>e) et \u00e0 l\u2019UG<span class=\"_ _5\"/>T Pres<span class=\"_ _5\"/>s a \u00e9t\u00e9 tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9 ver<span class=\"_ _5\"/>s Be<span class=\"_ _5\"/>lgium L<span class=\"_ _5\"/>ast</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mile (5<span class=\"_ _5\"/>4,7 mEUR) en 202<span class=\"_ _5\"/>1. Le goo<span class=\"_ _5\"/>dwill li\u00e9 \u00e0 l'acq<span class=\"_ _5\"/>uisit<span class=\"_ _5\"/>ion d'<span class=\"_ _d\"/>Al<span class=\"_ _5\"/>dipre<span class=\"_ _5\"/>ss en 20<span class=\"_ _5\"/>22 a \u00e9t\u00e9 al<span class=\"_ _5\"/>lou\u00e9 \u00e0 l'UG<span class=\"_ _5\"/>T Belg<span class=\"_ _5\"/>ium La<span class=\"_ _5\"/>st Mile<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour s<span class=\"_ _5\"/>outen<span class=\"_ _5\"/>ir la str<span class=\"_ _5\"/>at\u00e9gi<span class=\"_ _5\"/>e de croi<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce du se<span class=\"_ _5\"/>gment o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nel E-L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Euras<span class=\"_ _5\"/>ia, l'UGT E-<span class=\"_ _5\"/>Co<span class=\"_ _5\"/>mmerce l<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eurasi<span class=\"_ _5\"/>a a \u00e9t\u00e9 r\u00e9o<span class=\"_ _5\"/>rgan<span class=\"_ _5\"/>is\u00e9e</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>1 en 3 UGT ave<span class=\"_ _5\"/>c goo<span class=\"_ _5\"/>dwill : Ra<span class=\"_ _5\"/>dial Europ<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>1<span class=\"_ _5\"/>3,4 mEUR), Ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ve Ant<span class=\"_ _5\"/>s (29,<span class=\"_ _5\"/>9 mEUR) et Per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>alise<span class=\"_ _5\"/>d Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s (20,0 m<span class=\"_ _5\"/>EUR). Cet<span class=\"_ _5\"/>te der<span class=\"_ _5\"/>ni\u00e8re</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">incl<span class=\"_ _5\"/>ut la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on des co<span class=\"_ _5\"/>lis aux Pay<span class=\"_ _5\"/>s \u2013 Bas<span class=\"_ _5\"/>, qui fai<span class=\"_ _5\"/>sait pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie de l\u2019<span class=\"_ _5\"/>UGT Par<span class=\"_ _5\"/>cels B<span class=\"_ _5\"/>eNe dan<span class=\"_ _5\"/>s l\u2019<span class=\"_ _d\"/>an<span class=\"_ _5\"/>cienn<span class=\"_ _5\"/>e str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>ture. L<span class=\"_ _5\"/>a combina<span class=\"_ _5\"/>ison d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s chez</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Per<span class=\"_ _5\"/>sona<span class=\"_ _5\"/>lised L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s cr\u00e9<span class=\"_ _5\"/>e le plus pe<span class=\"_ _5\"/>tit gr<span class=\"_ _5\"/>oupe d\u2019ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s g\u00e9n\u00e9r<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x entr<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie in<span class=\"_ _5\"/>d\u00e9pe<span class=\"_ _5\"/>ndant<span class=\"_ _5\"/>s supp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>t la nouv<span class=\"_ _5\"/>elle st<span class=\"_ _5\"/>rat\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gie d<span class=\"_ _5\"/>e Pers<span class=\"_ _5\"/>onalis<span class=\"_ _5\"/>ed Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics ; d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n \u00e0 valeur a<span class=\"_ _5\"/>jout\u00e9<span class=\"_ _5\"/>e soute<span class=\"_ _5\"/>nus par un s<span class=\"_ _5\"/>avoir \u2013 fa<span class=\"_ _5\"/>ire tec<span class=\"_ _5\"/>hnique<span class=\"_ _5\"/>. Le good<span class=\"_ _5\"/>will es<span class=\"_ _5\"/>t r\u00e9allo<span class=\"_ _5\"/>u\u00e9 en</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">reco<span class=\"_ _5\"/>urant \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>app<span class=\"_ _5\"/>roche b<span class=\"_ _5\"/>as\u00e9<span class=\"_ _5\"/>e sur la val<span class=\"_ _5\"/>eur rel<span class=\"_ _5\"/>ative.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill li<span class=\"_ _5\"/>\u00e9 \u00e0 l'<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisit<span class=\"_ _5\"/>ion d'IM<span class=\"_ _5\"/>X en 202<span class=\"_ _5\"/>2 a \u00e9t\u00e9 allou<span class=\"_ _5\"/>\u00e9 \u00e0 l'UGT Cr<span class=\"_ _5\"/>oss B<span class=\"_ _5\"/>order, qui fou<span class=\"_ _5\"/>rnit de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices inb<span class=\"_ _5\"/>ound<span class=\"_ _5\"/>, outb<span class=\"_ _5\"/>ound et d'i<span class=\"_ _5\"/>mpor<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(droit<span class=\"_ _5\"/>s de do<span class=\"_ _5\"/>uane) pou<span class=\"_ _5\"/>r les colis e<span class=\"_ _5\"/>n Europ<span class=\"_ _5\"/>e et en A<span class=\"_ _5\"/>sie et p<span class=\"_ _5\"/>our le cou<span class=\"_ _5\"/>rri<span class=\"_ _5\"/>er inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>nal dans le m<span class=\"_ _5\"/>onde e<span class=\"_ _5\"/>ntier.</div>\n\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill n'es<span class=\"_ _5\"/>t pas amo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ti mais e<span class=\"_ _5\"/>st so<span class=\"_ _5\"/>umis \u00e0 un te<span class=\"_ _5\"/>st de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r sur une ba<span class=\"_ _5\"/>se annu<span class=\"_ _5\"/>elle (d\u00e9ce<span class=\"_ _5\"/>mbre). Aux f<span class=\"_ _5\"/>ins du t<span class=\"_ _5\"/>est d<span class=\"_ _5\"/>e r\u00e9duc<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de va<span class=\"_ _5\"/>leur<span class=\"_ _d\"/>, le go<span class=\"_ _5\"/>odwil<span class=\"_ _5\"/>l est a<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>t\u00e9 \u00e0 chacu<span class=\"_ _5\"/>ne des un<span class=\"_ _5\"/>it\u00e9s g\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>trice<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>erie du g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>ou g<span class=\"_ _5\"/>roupe<span class=\"_ _5\"/>s d'unit\u00e9s g<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>ces de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e)</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">confo<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>ment \u00e0 la n<span class=\"_ _5\"/>orme I<span class=\"_ _5\"/>AS 3<span class=\"_ _5\"/>6 D\u00e9p<span class=\"_ _5\"/>r\u00e9ciat<span class=\"_ _5\"/>ion d'ac<span class=\"_ _5\"/>tifs<span class=\"_ _5\"/>. Le tes<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>iste \u00e0 com<span class=\"_ _5\"/>parer l<span class=\"_ _5\"/>a valeur co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>ble des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs (ou gro<span class=\"_ _5\"/>upe) des U<span class=\"_ _5\"/>GT avec</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">leur valeur re<span class=\"_ _5\"/>couvra<span class=\"_ _5\"/>ble.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les v<span class=\"_ _5\"/>aleur<span class=\"_ _5\"/>s reco<span class=\"_ _5\"/>uvra<span class=\"_ _5\"/>bles s<span class=\"_ _5\"/>ont bas<span class=\"_ _5\"/>\u00e9es s<span class=\"_ _5\"/>ur la vale<span class=\"_ _5\"/>ur d'utili<span class=\"_ _5\"/>t\u00e9. Cet<span class=\"_ _5\"/>te der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e est \u00e9<span class=\"_ _5\"/>gale \u00e0 la va<span class=\"_ _5\"/>leur ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle des f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie fut<span class=\"_ _5\"/>urs qu<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>on</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s'atte<span class=\"_ _5\"/>nd \u00e0 obte<span class=\"_ _5\"/>nir de cha<span class=\"_ _5\"/>que UGT o<span class=\"_ _5\"/>u group<span class=\"_ _5\"/>e d'UGT e<span class=\"_ _5\"/>t est d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9<span class=\"_ _5\"/>e \u00e0 l'<span class=\"_ _d\"/>aid<span class=\"_ _5\"/>e des do<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>ntes :</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ws37\">le pla<span class=\"_ _5\"/>n d'<span class=\"_ _d\"/>aff<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>t les bu<span class=\"_ _5\"/>dget<span class=\"_ _5\"/>s les pl<span class=\"_ _5\"/>us r\u00e9ce<span class=\"_ _5\"/>nts<span class=\"_ _5\"/>, y compr<span class=\"_ _5\"/>is la pla<span class=\"_ _5\"/>nifi<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n d\u00e9t<span class=\"_ _5\"/>aill\u00e9e d<span class=\"_ _5\"/>e l'EBITDA<span class=\"_ _5\"/>, le fo<span class=\"_ _5\"/>nds de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt net e<span class=\"_ _5\"/>t la planif<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ation </span></div>\n<div class=\"t m0 x2a h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des i<span class=\"_ _5\"/>nves<span class=\"_ _5\"/>tiss<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nts p<span class=\"_ _5\"/>ar le biais d<span class=\"_ _5\"/>e d\u00e9pe<span class=\"_ _5\"/>nse<span class=\"_ _5\"/>s d'inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>seme<span class=\"_ _5\"/>nt ou de lea<span class=\"_ _5\"/>sing<span class=\"_ _5\"/>, qui couv<span class=\"_ _5\"/>re une p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de de cin<span class=\"_ _5\"/>q ans ;</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>pr<span class=\"_ _5\"/>ise en co<span class=\"_ _5\"/>mpte d'une va<span class=\"_ _5\"/>leur ter<span class=\"_ _5\"/>minale d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9e \u00e0 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tir de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie ob<span class=\"_ _5\"/>tenus pa<span class=\"_ _5\"/>r ex<span class=\"_ _5\"/>trap<span class=\"_ _5\"/>olati<span class=\"_ _5\"/>on des f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie de la</div>\n<div class=\"t m0 x2a h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e ann\u00e9e d<span class=\"_ _5\"/>u plan d'affa<span class=\"_ _5\"/>ires su<span class=\"_ _5\"/>smen<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>\u00e9, affe<span class=\"_ _5\"/>ct\u00e9<span class=\"_ _5\"/>s d'un taux d<span class=\"_ _5\"/>e crois<span class=\"_ _5\"/>san<span class=\"_ _5\"/>ce \u00e0 long ter<span class=\"_ _5\"/>me jug\u00e9 ap<span class=\"_ _5\"/>prop<span class=\"_ _5\"/>ri\u00e9 po<span class=\"_ _5\"/>ur l'acti<span class=\"_ _5\"/>vit\u00e9 e<span class=\"_ _5\"/>t la loca<span class=\"_ _5\"/>lisa<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n des ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s ;</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l'act<span class=\"_ _5\"/>ualisa<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s fl<span class=\"_ _5\"/>ux de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>erie at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dus \u00e0 un ta<span class=\"_ _5\"/>ux d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>\u00e9 selo<span class=\"_ _5\"/>n la form<span class=\"_ _5\"/>ule du co\u00fbt m<span class=\"_ _5\"/>oyen po<span class=\"_ _5\"/>nd\u00e9r<span class=\"_ _5\"/>\u00e9 du capi<span class=\"_ _5\"/>tal.</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'hy<span class=\"_ _5\"/>poth<span class=\"_ _5\"/>\u00e8se p<span class=\"_ _5\"/>our laq<span class=\"_ _5\"/>uelle le<span class=\"_ _5\"/>s valeu<span class=\"_ _5\"/>rs re<span class=\"_ _5\"/>couvr<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s sont le<span class=\"_ _5\"/>s plus se<span class=\"_ _5\"/>nsibl<span class=\"_ _5\"/>es pou<span class=\"_ _5\"/>r toutes le<span class=\"_ _5\"/>s UGT te<span class=\"_ _5\"/>st\u00e9<span class=\"_ _5\"/>es es<span class=\"_ _5\"/>t l'EBIT<span class=\"_ _5\"/>DA. L<span class=\"_ _1\"/>\u2019hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>se cl\u00e9 (EB<span class=\"_ _5\"/>ITDA)</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s budg<span class=\"_ _5\"/>ets e<span class=\"_ _5\"/>st ba<span class=\"_ _5\"/>s\u00e9e s<span class=\"_ _5\"/>ur des e<span class=\"_ _5\"/>xp\u00e9<span class=\"_ _5\"/>rien<span class=\"_ _5\"/>ces pas<span class=\"_ _5\"/>s\u00e9<span class=\"_ _5\"/>es adap<span class=\"_ _5\"/>t\u00e9es a<span class=\"_ _5\"/>ux condi<span class=\"_ _5\"/>tions c<span class=\"_ _5\"/>hangean<span class=\"_ _5\"/>tes du mar<span class=\"_ _5\"/>ch\u00e9. L<span class=\"_ _1\"/>'EBI<span class=\"_ _5\"/>TDA es<span class=\"_ _5\"/>t le r\u00e9s<span class=\"_ _5\"/>ultat de l'\u00e9vol<span class=\"_ _5\"/>u-</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n des vol<span class=\"_ _5\"/>umes<span class=\"_ _5\"/>, des pr<span class=\"_ _5\"/>ix et d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>jet<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>\u00e9lior<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des co\u00fbt<span class=\"_ _5\"/>s<span class=\"_ _5\"/>, ainsi qu<span class=\"_ _5\"/>e de nou<span class=\"_ _5\"/>veaux s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s \u00e0 valeur a<span class=\"_ _5\"/>jout\u00e9<span class=\"_ _5\"/>e, selo<span class=\"_ _5\"/>n le jugem<span class=\"_ _5\"/>ent et le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>timat<span class=\"_ _5\"/>ions de l<span class=\"_ _5\"/>a direc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n lors d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>\u00e9la<span class=\"_ _5\"/>bora<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s budge<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t des p<span class=\"_ _5\"/>r\u00e9vis<span class=\"_ _5\"/>ions p<span class=\"_ _5\"/>our les an<span class=\"_ _5\"/>n\u00e9e<span class=\"_ _5\"/>s \u00e0 venir.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux d'act<span class=\"_ _5\"/>ualis<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>tim<span class=\"_ _5\"/>\u00e9 sur la bas<span class=\"_ _5\"/>e d'une anal<span class=\"_ _5\"/>yse com<span class=\"_ _5\"/>parat<span class=\"_ _5\"/>ive ap<span class=\"_ _5\"/>profon<span class=\"_ _5\"/>die avec d<span class=\"_ _5\"/>es pair<span class=\"_ _5\"/>s, de m<span class=\"_ _5\"/>ani\u00e8re \u00e0 r<span class=\"_ _5\"/>ef<span class=\"_ _5\"/>l\u00e9ter le r<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment qu<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les in<span class=\"_ _5\"/>vest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur<span class=\"_ _5\"/>s exige<span class=\"_ _5\"/>raie<span class=\"_ _5\"/>nt s'ils ch<span class=\"_ _5\"/>oisis<span class=\"_ _5\"/>saie<span class=\"_ _5\"/>nt d'inves<span class=\"_ _5\"/>tir dan<span class=\"_ _5\"/>s les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s sous \u2013 j<span class=\"_ _5\"/>acent<span class=\"_ _5\"/>s. Le g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e de pair<span class=\"_ _5\"/>s a \u00e9t\u00e9 div<span class=\"_ _5\"/>is\u00e9 en d<span class=\"_ _5\"/>eux<span class=\"_ _5\"/>: d\u2019une par<span class=\"_ _5\"/>t un</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gro<span class=\"_ _5\"/>upe li\u00e9 au co<span class=\"_ _5\"/>urr<span class=\"_ _5\"/>ier et un g<span class=\"_ _5\"/>roupe l<span class=\"_ _5\"/>i\u00e9 li\u00e9s a<span class=\"_ _5\"/>ux colis<span class=\"_ _5\"/>. En outr<span class=\"_ _5\"/>e, l'enviro<span class=\"_ _5\"/>nneme<span class=\"_ _5\"/>nt \u00e9con<span class=\"_ _5\"/>omiqu<span class=\"_ _5\"/>e diff\u00e9r<span class=\"_ _5\"/>ent a \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t \u00e9t\u00e9 pr<span class=\"_ _5\"/>is en comp<span class=\"_ _5\"/>te dans</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>nation d<span class=\"_ _5\"/>u co\u00fbt moye<span class=\"_ _5\"/>n pond<span class=\"_ _5\"/>\u00e9r\u00e9 du c<span class=\"_ _5\"/>apita<span class=\"_ _5\"/>l (WACC). En ra<span class=\"_ _5\"/>ison d'un<span class=\"_ _5\"/>e augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on du co\u00fbt d<span class=\"_ _5\"/>e la det<span class=\"_ _5\"/>te, le<span class=\"_ _5\"/>s taux d'ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on sont</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sup<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>urs \u00e0 ce<span class=\"_ _5\"/>ux appli<span class=\"_ _5\"/>qu\u00e9s lo<span class=\"_ _5\"/>rs de<span class=\"_ _5\"/>s tes<span class=\"_ _5\"/>ts de l'ann<span class=\"_ _5\"/>\u00e9e der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux de cro<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ance \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e a \u00e9t\u00e9 fi<span class=\"_ _5\"/>x\u00e9 \u00e0 0% p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s de courr<span class=\"_ _5\"/>ier, 1<span class=\"_ _1\"/>% p<span class=\"_ _5\"/>our la li<span class=\"_ _5\"/>vrai<span class=\"_ _5\"/>son du de<span class=\"_ _5\"/>rnie<span class=\"_ _5\"/>r kilom<span class=\"_ _5\"/>\u00e8tre (\u201c<span class=\"_ _5\"/>last m<span class=\"_ _5\"/>ile deli<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>y\u00bb)</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et 2% p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s de colis e<span class=\"_ _5\"/>t la logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ue du comm<span class=\"_ _5\"/>erce \u00e9le<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>roniqu<span class=\"_ _5\"/>e. Les t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance o<span class=\"_ _5\"/>nt \u00e9t\u00e9 d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9s sur b<span class=\"_ _5\"/>ase d'at<span class=\"_ _5\"/>tentes</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">inter<span class=\"_ _5\"/>nes (m\u00ea<span class=\"_ _5\"/>mes hy<span class=\"_ _5\"/>poth<span class=\"_ _5\"/>\u00e8se<span class=\"_ _5\"/>s que po<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>\u00e9vo<span class=\"_ _5\"/>lution d<span class=\"_ _5\"/>e l'EBITD<span class=\"_ _5\"/>A) et de s<span class=\"_ _5\"/>ource<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>terne<span class=\"_ _5\"/>s et so<span class=\"_ _5\"/>nt coh\u00e9<span class=\"_ _5\"/>rent<span class=\"_ _5\"/>s avec le<span class=\"_ _5\"/>s chiff<span class=\"_ _5\"/>res de cr<span class=\"_ _5\"/>ois<span class=\"_ _5\"/>sance r\u00e9<span class=\"_ _5\"/>el<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>tes po<span class=\"_ _5\"/>ur les se<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>urs p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tine<span class=\"_ _5\"/>nts da<span class=\"_ _5\"/>ns les<span class=\"_ _5\"/>quel<span class=\"_ _5\"/>s les UG<span class=\"_ _5\"/>T op\u00e8r<span class=\"_ _5\"/>ent et pr<span class=\"_ _5\"/>enne<span class=\"_ _5\"/>nt en cons<span class=\"_ _5\"/>id\u00e9r<span class=\"_ _5\"/>ation l'inf<span class=\"_ _5\"/>lat<span class=\"_ _5\"/>ion \u00e0 long t<span class=\"_ _5\"/>erme p<span class=\"_ _5\"/>our l'Euro<span class=\"_ _5\"/>pe et</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les \u00c9t<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>-Uni<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 102px; height: 455px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 982px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 102px; height: 982px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n et les t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance p<span class=\"_ _5\"/>our les U<span class=\"_ _5\"/>GT avec u<span class=\"_ _5\"/>n goodw<span class=\"_ _5\"/>ill signi<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>atif so<span class=\"_ _5\"/>nt pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>s dans le t<span class=\"_ _5\"/>ableau s<span class=\"_ _5\"/>uivan<span class=\"_ _5\"/>t :  </div>\n<div class=\"t m0 x90 hc y925 ff7 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">TAU<span class=\"_ _5\"/>X D'A<span class=\"_ _5\"/>CT<span class=\"_ _5\"/>UA<span class=\"_ _5\"/>LI<span class=\"_ _5\"/>SAT<span class=\"_ _5\"/>IO<span class=\"_ _5\"/>N<span class=\"_ _225\"> </span><span class=\"ls0 ws0\">TAUX D<span class=\"_ _5\"/>E CRO<span class=\"_ _5\"/>ISS<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CE</span></div>\n<div class=\"t m0 x188 hc ybec ff7 fs7 fc0 sc0 lse ws10\" style=\"z-index: 15;\">2022<span class=\"_ _137\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _cb\"> </span></span>2022<span class=\"_ _cb\"> </span><span class=\"fc2 lsf ws11\">2021</span></div>\n<div class=\"t m0 x7 hd ybed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Be<span class=\"_ _5\"/>lgium L<span class=\"_ _5\"/>as<span class=\"_ _5\"/>t mile<span class=\"_ _e0\"> </span><span class=\"ls1d ws1f\">6,6%<span class=\"_ _d8\"> </span><span class=\"ls1a ws1c\">6,4%<span class=\"_ _bf\"> </span><span class=\"ls21 ws23\">1%<span class=\"_ _bf\"> </span>1%</span></span></span></div>\n<div class=\"t m0 x7 hd ybee ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Personalise<span class=\"_ _5\"/>d<span class=\"_ _d\"/> logistic<span class=\"_ _5\"/>s<span class=\"_ _226\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _bf\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _ca\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x7 hd ybef ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Europe<span class=\"_ _227\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _bf\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _ca\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x7 hd ybf0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s<span class=\"_ _228\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _bf\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _ca\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x7 hd ybf1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cro<span class=\"_ _5\"/>ss \u2013 bo<span class=\"_ _5\"/>rde<span class=\"_ _5\"/>r<span class=\"_ _229\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _20e\"> </span><span class=\"ls21 ws23\">1%<span class=\"_ _20e\"> </span>1%</span></span></span></div>\n<div class=\"t m0 x7 hd ybf2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">E-Logistic<span class=\"_ _5\"/>s North  Ame<span class=\"_ _5\"/>rica<span class=\"_ _1de\"> </span><span class=\"ls17 ws19\">9,9%<span class=\"_ _d8\"> </span><span class=\"ls1a ws1c\">8<span class=\"_ _5\"/>,4%<span class=\"_ _ca\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _d1\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>est<span class=\"_ _5\"/>s de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeur e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9<span class=\"_ _5\"/>s au nivea<span class=\"_ _5\"/>u des UG<span class=\"_ _5\"/>T n'<span class=\"_ _d\"/>ont pa<span class=\"_ _5\"/>s condui<span class=\"_ _5\"/>t \u00e0 une r\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ion de v<span class=\"_ _5\"/>aleur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs<span class=\"_ _5\"/>, \u00e9ta<span class=\"_ _5\"/>nt donn<span class=\"_ _5\"/>\u00e9 que les</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>urs re<span class=\"_ _5\"/>couv<span class=\"_ _5\"/>rable<span class=\"_ _5\"/>s des (<span class=\"_ _5\"/>group<span class=\"_ _5\"/>es d') UG<span class=\"_ _5\"/>T \u00e9ta<span class=\"_ _5\"/>ient se<span class=\"_ _5\"/>nsible<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>up\u00e9r<span class=\"_ _5\"/>ieure<span class=\"_ _5\"/>s \u00e0 leur<span class=\"_ _5\"/>s valeu<span class=\"_ _5\"/>rs comp<span class=\"_ _5\"/>table<span class=\"_ _5\"/>s. Plu<span class=\"_ _5\"/>s pr\u00e9ci<span class=\"_ _5\"/>s\u00e9m<span class=\"_ _5\"/>ent, la d<span class=\"_ _5\"/>iff\u00e9re<span class=\"_ _5\"/>nce ent<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la val<span class=\"_ _5\"/>eur comp<span class=\"_ _5\"/>table d<span class=\"_ _5\"/>es UGT e<span class=\"_ _5\"/>t leur va<span class=\"_ _5\"/>leur d'util<span class=\"_ _5\"/>it\u00e9 (hea<span class=\"_ _5\"/>droom) re<span class=\"_ _5\"/>pr\u00e9s<span class=\"_ _5\"/>ente dan<span class=\"_ _5\"/>s tous les c<span class=\"_ _5\"/>as au m<span class=\"_ _5\"/>oins plus d<span class=\"_ _5\"/>e 100<span class=\"_ _5\"/>% de leur v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ain<span class=\"_ _5\"/>si, un cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nt rais<span class=\"_ _5\"/>onnab<span class=\"_ _5\"/>le dans une h<span class=\"_ _5\"/>ypot<span class=\"_ _5\"/>h\u00e8se c<span class=\"_ _5\"/>l\u00e9 sur laq<span class=\"_ _5\"/>uelle la v<span class=\"_ _5\"/>aleur re<span class=\"_ _5\"/>couv<span class=\"_ _5\"/>rable d<span class=\"_ _5\"/>es UGT e<span class=\"_ _5\"/>st ba<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>, n<span class=\"_ _d\"/>'ent<span class=\"_ _5\"/>ra\u00eene<span class=\"_ _5\"/>rait p<span class=\"_ _5\"/>as de pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur pour l<span class=\"_ _5\"/>es UGT co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>n\u00e9es<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A cet \u00e9g<span class=\"_ _5\"/>ard, p<span class=\"_ _5\"/>our E-L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica et B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>um Las<span class=\"_ _5\"/>t Mile qui s<span class=\"_ _5\"/>ont 2 UGT a<span class=\"_ _5\"/>vec un goo<span class=\"_ _5\"/>dwill s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if et qui re<span class=\"_ _5\"/>pr\u00e9s<span class=\"_ _5\"/>enten<span class=\"_ _5\"/>t 92% du</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant tot<span class=\"_ _5\"/>al du goo<span class=\"_ _5\"/>dwill<span class=\"_ _5\"/>, l'<span class=\"_ _d\"/>anal<span class=\"_ _5\"/>yse de s<span class=\"_ _5\"/>ensi<span class=\"_ _5\"/>bilit\u00e9 la p<span class=\"_ _5\"/>lus d\u00e9f<span class=\"_ _5\"/>avora<span class=\"_ _5\"/>ble ci \u2013 de<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>us condu<span class=\"_ _5\"/>it encor<span class=\"_ _5\"/>e \u00e0 une marg<span class=\"_ _5\"/>e suff<span class=\"_ _5\"/>isan<span class=\"_ _5\"/>te. La s<span class=\"_ _5\"/>ensibi<span class=\"_ _5\"/>lit\u00e9 de la</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur reco<span class=\"_ _5\"/>uvr<span class=\"_ _5\"/>able aux c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de l'hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>se cl\u00e9, du t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance \u00e0 l<span class=\"_ _5\"/>ong ter<span class=\"_ _5\"/>me et du t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n est p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt\u00e9e da<span class=\"_ _5\"/>ns le</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tab<span class=\"_ _5\"/>leau sui<span class=\"_ _5\"/>vant :</div>\n<div class=\"t m0 x189 hc ybf3 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">E-LOGISTICS NORTH AMERICA<span class=\"_ _d3\"> </span><span class=\"ff5\">BELGIUM<span class=\"_ _d\"/> L<span class=\"_ _5\"/>AST MILE</span></div>\n<div class=\"t m0 x7 hd ybf4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>ilit\u00e9 au t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>e croi<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e  \u2013 1,0<span class=\"_ _5\"/>%<span class=\"_ _22a\"> </span><span class=\"ls1a ws1c\">-8<span class=\"_ _5\"/>,4%<span class=\"_ _10b\"> </span><span class=\"ls31 ws33\">-1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd ybf5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>ilit\u00e9 au t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>e croi<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e +<span class=\"_ _1\"/>1<span class=\"_ _5\"/>,0%<span class=\"_ _155\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>8%<span class=\"_ _1d6\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>9%</span></span></div>\n<div class=\"t m0 x7 hd ybf6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>ilit\u00e9 au t<span class=\"_ _5\"/>aux d'a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n  \u2013 0,5<span class=\"_ _5\"/>%<span class=\"_ _22b\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%<span class=\"_ _1f5\"> </span><span class=\"ls1b ws1d\">9,7<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd ybf7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Sensibilit\u00e9 au taux d'<span class=\"_ _d\"/>actualisation +<span class=\"_ _5\"/>0,5%<span class=\"_ _22c\"> </span><span class=\"ls25 ws27\">-6,<span class=\"_ _5\"/>2%<span class=\"_ _1e8\"> </span><span class=\"ls21 ws23\">-<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>1%</span></span></div>\n<div class=\"t m0 x7 hd ybf8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>iliti<span class=\"_ _5\"/>\u00e9\u00e0 la mar<span class=\"_ _5\"/>ge sur EB<span class=\"_ _5\"/>ITDA  \u2013 1,<span class=\"_ _5\"/>0 %<span class=\"_ _22d\"> </span><span class=\"ls31 ws33\">-1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,1%<span class=\"_ _111\"> </span>-1<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x7 hd ybf9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>iliti<span class=\"_ _5\"/>\u00e9\u00e0 la mar<span class=\"_ _5\"/>ge sur EB<span class=\"_ _5\"/>ITDA +1,0 %<span class=\"_ _22e\"> </span><span class=\"ls21 ws23\">1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,1%<span class=\"_ _1fd\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>2%</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 556px; height: 526px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 556px; height: 526px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 556px; height: 526px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag459": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 h1a y56 ffc fs11 fc2 sc0 lsa1 ws99\" style=\"z-index: 15;\">6.19 <span class=\"_\"> </span>Immobilisations incorporelles</div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc yb66 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb67 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb66 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb67 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb66 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb68 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">CO\u00dbT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hf yb69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb6a ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb69 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xb6 h1b yb6b ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">660,<span class=\"_ _5\"/>0<span class=\"_ _eb\"> </span><span class=\"ls20 ws22\">168<span class=\"_ _5\"/>,3<span class=\"_ _11e\"> </span><span class=\"ls26 ws28\">198,4<span class=\"_ _11e\"> </span></span>118<span class=\"_ _5\"/>,3<span class=\"_ _bc\"> </span><span class=\"ls1a ws1c\">51,<span class=\"_ _5\"/>1<span class=\"_ _206\"> </span><span class=\"ls2e ws30\">1.196,0</span></span></span></div>\n<div class=\"t m0 x7 hd yb6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _120\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls17 ws19\">9,5<span class=\"_ _105\"> </span><span class=\"ls3b ws43\">15,1<span class=\"_ _80\"> </span></span></span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _105\"> </span><span class=\"ls1a ws1c\">24,6</span></span></div>\n<div class=\"t m0 x7 hd yb6d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yb6e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yb6d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb6f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _ba\"> </span><span class=\"ls17 ws19\">(9,0)<span class=\"_ _80\"> </span></span></span>0,3<span class=\"_ _42\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>6)<span class=\"_ _d4\"> </span>(1<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd yb70 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _a5\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _bc\"> </span></span></span></span>(3<span class=\"_ _5\"/>,2)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _1cf\"> </span><span class=\"ls1b ws1d\">(2<span class=\"_ _5\"/>1,7<span class=\"_ _5\"/>)</span></span></div>\n<div class=\"t m0 x7 hd yb71 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ve<span class=\"_ _5\"/>rs d'au<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s cat\u00e9g<span class=\"_ _5\"/>ori<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x7 hd yb72 ff4 fs8 fc2 sc0 ls3c ws46\" style=\"z-index: 15;\">de<span class=\"_ _5\"/> l'ac<span class=\"_ _5\"/>t<span class=\"_ _5\"/>if</div>\n<div class=\"t m0 x183 hd yb71 ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">(28<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(2<span class=\"_ _5\"/>,2)<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>2<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(4,6<span class=\"_ _5\"/>)<span class=\"_ _ac\"> </span><span class=\"ls0 ws0\">(3<span class=\"_ _5\"/>5,0)</span></span></span></div>\n<div class=\"t m0 x7 hd yb73 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _4a\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls3b ws43\">5,1<span class=\"_ _80\"> </span><span class=\"ls7 ws8\">5,8<span class=\"_ _80\"> </span><span class=\"ls28 ws2a\">2,6<span class=\"_ _42\"> </span><span class=\"ls90 wsa4\">51<span class=\"_ _5\"/>,3</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb74 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ba\"> </span></span>(0,<span class=\"_ _5\"/>2)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _bc\"> </span></span>(0<span class=\"_ _5\"/>,2)</span></div>\n<div class=\"t m0 x7 hf yb75 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xb6 h1b yb76 ff7 fs8 fc3 sc0 ls3b ws43\" style=\"z-index: 15;\">652,<span class=\"_ _5\"/>2<span class=\"_ _1cf\"> </span><span class=\"lsd2 wsf2\">17<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _ac\"> </span><span class=\"ls1f ws21\">205,<span class=\"_ _5\"/>8<span class=\"_ _eb\"> </span><span class=\"ls2c ws2e\">121,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span></span>47,<span class=\"_ _2\"/>5<span class=\"_ _dd\"> </span><span class=\"lsd4 wsf5\">1.<span class=\"_ _5\"/>20<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 144px; height: 263px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 144px; height: 263px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 144px; height: 293px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x7 hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb77 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb78 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb79 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">CO\u00dbT<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x7 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xb6 h1b yb7c ff7 fs8 fc3 sc0 ls3b ws43\" style=\"z-index: 15;\">652,<span class=\"_ _5\"/>2<span class=\"_ _1cf\"> </span><span class=\"lsd2 wsf2\">17<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>8<span class=\"_ _ac\"> </span><span class=\"ls1f ws21\">205,<span class=\"_ _5\"/>8<span class=\"_ _eb\"> </span><span class=\"ls2c ws2e\">121,<span class=\"_ _5\"/>4<span class=\"_ _ba\"> </span></span></span>47,<span class=\"_ _2\"/>5<span class=\"_ _dd\"> </span><span class=\"lsd4 wsf5\">1.<span class=\"_ _5\"/>20<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd yb7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _120\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _83\"> </span><span class=\"ls1d ws1f\">6,<span class=\"_ _5\"/>2<span class=\"_ _ba\"> </span><span class=\"ls42 ws4c\">1<span class=\"_ _5\"/>2,2<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _80\"> </span></span></span></span>0,0<span class=\"_ _42\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd yb7e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yb7f ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x4a hd yb7e ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">42,<span class=\"_ _5\"/>5<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,0<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _21a\"> </span><span class=\"ls1b ws1d\">4,7<span class=\"_ _42\"> </span><span class=\"ls2e ws30\">48,<span class=\"_ _5\"/>2</span></span></span></div>\n<div class=\"t m0 x7 hd yb80 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _21b\"> </span><span class=\"ls22 ws24\">(5,<span class=\"_ _5\"/>4)<span class=\"_ _7e\"> </span><span class=\"ls12 ws14\">(17,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _ba\"> </span>(0,0)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ac\"> </span></span></span></span>(2<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>4)</span></div>\n<div class=\"t m0 x7 hd yb81 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _100\"> </span>(0<span class=\"_ _5\"/>,0)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _42\"> </span></span>(0,0)</div>\n<div class=\"t m0 x7 hd yb82 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ts ve<span class=\"_ _5\"/>rs d'au<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s cat\u00e9g<span class=\"_ _5\"/>ori<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x7 hd yb83 ff4 fs8 fc2 sc0 ls3c ws46\" style=\"z-index: 15;\">de<span class=\"_ _5\"/> l'ac<span class=\"_ _5\"/>t<span class=\"_ _5\"/>if</div>\n<div class=\"t m0 x44 hd yb82 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>0,1)<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(0,1)</span></div>\n<div class=\"t m0 x7 hd yb84 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21c\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>3<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls26 ws28\">3,9<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">4,6<span class=\"_ _80\"> </span>1,8<span class=\"_ _105\"> </span><span class=\"ls1b ws1d\">3<span class=\"_ _5\"/>9,7</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb85 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>0,1)<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>4<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _80\"> </span></span>0,1<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></span></div>\n<div class=\"t m0 x7 hf yb86 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xb6 h1b yb87 ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">718,<span class=\"_ _5\"/>6<span class=\"_ _eb\"> </span><span class=\"ls20 ws22\">16<span class=\"_ _5\"/>6,8<span class=\"_ _11e\"> </span><span class=\"ls13 ws15\">222,0<span class=\"_ _11e\"> </span><span class=\"ls7 ws8\">126,0<span class=\"_ _10d\"> </span><span class=\"ls1d ws1f\">54,0<span class=\"_ _21d\"> </span><span class=\"lsd2 wsf2\">1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>2<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3</span></span></span></span></span></div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc yb88 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb89 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb88 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb89 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb88 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yb8a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">R\u00c9\u00c9VALUA<span class=\"_ _d\"/>TION</div>\n<div class=\"t m0 x7 hf yb8b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb8c ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb8b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x44 h1b yb8d ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb8e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb8f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb90 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd yb91 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb92 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb93 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yb94 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x44 h1b yb95 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hf yb96 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb97 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb96 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x44 h1b yb98 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb99 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd yb9a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd yb9b ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd yb9c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb9d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb9e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yb9f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x44 h1b yba0 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _b5\"> </span>0,0<span class=\"_ _b5\"> </span>0,0</div>\n\n<div class=\"t m0 x7 hc yba1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yba2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yba1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yba2 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yba1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yba3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TISS<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT<span class=\"_ _5\"/>S ET RE<span class=\"_ _5\"/>DUC<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>NS DE</div>\n<div class=\"t m0 x7 hc yba4 ff5 fs7 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">VALEU<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x7 hf yba5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yba6 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yba5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xbb h1b yba7 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>9<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>18<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4)<span class=\"_ _91\"> </span>(16<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"lsd4 wsf5\">(4<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>9)<span class=\"_ _10a\"> </span><span class=\"ls2b ws2d\">(21<span class=\"_ _5\"/>,0)<span class=\"_ _91\"> </span></span>(42<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd yba8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yba9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yba8 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd ybaa ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>0<span class=\"_ _bc\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,3)<span class=\"_ _21a\"> </span><span class=\"ls14 ws16\">1,6<span class=\"_ _42\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybab ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _36\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _2\"/>2<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,8<span class=\"_ _21a\"> </span><span class=\"ls1b ws1d\">1,7<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _105\"> </span><span class=\"ls1b ws1d\">19,7</span></span></span></div>\n<div class=\"t m0 x7 hd ybac ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _11d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _107\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _107\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,7<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _d\"/>,1)<span class=\"_ _bc\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,9)<span class=\"_ _d4\"> </span>(42<span class=\"_ _5\"/>,9)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybad ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _10b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,4<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _ba\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,4)<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,0</span></span></div>\n<div class=\"t m0 x7 hd ybae ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s classifi\u00e9s comme d\u00e9tenus<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hd ybaf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en v<span class=\"_ _5\"/>ue de la ve<span class=\"_ _5\"/>nte ou co<span class=\"_ _5\"/>mme</div>\n<div class=\"t m0 x7 hd ybb0 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">immeuble<span class=\"_ _d\"/> e plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4a hd ybb1 ff4 fs8 fc2 sc0 ls1d ws1f\" style=\"z-index: 15;\">28,3<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,9<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _80\"> </span></span>4,6<span class=\"_ _42\"> </span>34,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ybb2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _1d8\"> </span><span class=\"ls90 wsa4\">(0,1)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bc\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>,4)<span class=\"_ _ba\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>8)<span class=\"_ _ba\"> </span><span class=\"ls2b ws2d\">(5,9)</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybb3 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _ba\"> </span>(0,0)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></span></div>\n<div class=\"t m0 x7 hf ybb4 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xbb h1b ybb5 ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(32<span class=\"_ _5\"/>,4)<span class=\"_ _94\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2)<span class=\"_ _91\"> </span>(1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _d\"/>52,1<span class=\"_ _d\"/>)<span class=\"_ _1cc\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>20,<span class=\"_ _5\"/>5)<span class=\"_ _109\"> </span><span class=\"lsd2 wsf2\">(4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 65px; height: 312px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 65px; height: 1019px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 65px; height: 1019px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 65px; height: 1019px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb77 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb78 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xbb h1b yb7c ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(32<span class=\"_ _5\"/>,4)<span class=\"_ _94\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2)<span class=\"_ _91\"> </span>(1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _d\"/>52,1<span class=\"_ _d\"/>)<span class=\"_ _1cc\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>20,<span class=\"_ _5\"/>5)<span class=\"_ _109\"> </span><span class=\"lsd2 wsf2\">(4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yb7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd ybb6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yb7d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb7f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls28 ws2a\">5,4<span class=\"_ _20a\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _5\"/>6<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,5<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _42\"> </span></span></span>2<span class=\"_ _5\"/>3,4</span></div>\n<div class=\"t m0 x7 hd yb80 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _30\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb81 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _11d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ac\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3)<span class=\"_ _d4\"> </span>(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls90 wsa4\">(4,6<span class=\"_ _5\"/>)<span class=\"_ _d4\"> </span><span class=\"ls42 ws4c\">(42,<span class=\"_ _1\"/>7)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb82 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _10b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd ybb7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ybb8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ybb9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd ybba ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,1<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _80\"> </span>0,1</div>\n<div class=\"t m0 x7 hd ybbb ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _ba\"> </span><span class=\"ls17 ws19\">(2,<span class=\"_ _5\"/>6)<span class=\"_ _bc\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _42\"> </span>(0,7<span class=\"_ _5\"/>)<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ybbc ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>1<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _ba\"> </span>(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span></span>0,1<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _42\"> </span>(0,0)</span></span></div>\n<div class=\"t m0 x7 hf ybbd ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xb6 h1b ybbe ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>27,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>0)<span class=\"_ _21f\"> </span>(18<span class=\"_ _5\"/>5<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"lsdb wsfb\">(6<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>9)<span class=\"_ _10a\"> </span><span class=\"ls9d wsaf\">(<span class=\"_ _d\"/>25,8<span class=\"_ _1\"/>)<span class=\"_ _91\"> </span><span class=\"lsd4 wsf5\">(43<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>6)</span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 785px; height: 299px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x7 hc ybbf ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc ybc0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc ybbf ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL</span></div>\n<div class=\"t m0 x47 hc ybc0 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">RELATIONS</div>\n<div class=\"t m0 x184 hc ybbf ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">CLIENT\u00c8LE</div>\n<div class=\"t m0 x132 hc ybc0 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc ybbf ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc ybc1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VA<span class=\"_ _5\"/>LEUR N<span class=\"_ _5\"/>ET<span class=\"_ _5\"/>TE COM<span class=\"_ _5\"/>PTA<span class=\"_ _5\"/>BLE</div>\n<div class=\"t m0 x7 hd ybc2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>1<span class=\"_ _133\"> </span><span class=\"ls1b ws1d\">619<span class=\"_ _5\"/>,7 <span class=\"_ _10d\"> </span></span>43,<span class=\"_ _5\"/>6 <span class=\"_ _10d\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> <span class=\"_ _10d\"> </span></span>69,<span class=\"_ _5\"/>3 <span class=\"_ _bc\"> </span><span class=\"ls12 ws14\">2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/> <span class=\"_ _1cf\"> </span>7<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/> </span></div>\n<div class=\"t m0 x7 hd ybc3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2<span class=\"_ _220\"> </span><span class=\"ls23 ws25\">6<span class=\"_ _5\"/>91,<span class=\"_ _5\"/>6 <span class=\"_ _af\"> </span></span>3<span class=\"_ _5\"/>4,8 <span class=\"_ _10d\"> </span><span class=\"ls1d ws1f\">36,1 <span class=\"_ _af\"> </span></span>6<span class=\"_ _5\"/>5,1 <span class=\"_ _af\"> </span>2<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>2 <span class=\"_ _eb\"> </span><span class=\"ls7 ws8\">855,<span class=\"_ _5\"/>8</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 627px; height: 457px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 627px; height: 457px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent et de d<span class=\"_ _5\"/>\u00e9pr\u00e9<span class=\"_ _5\"/>ciatio<span class=\"_ _5\"/>n se so<span class=\"_ _5\"/>nt \u00e9lev\u00e9<span class=\"_ _5\"/>es \u00e0 42,7 mEUR en 20<span class=\"_ _5\"/>22 et s<span class=\"_ _5\"/>ont simi<span class=\"_ _5\"/>laires \u00e0 c<span class=\"_ _5\"/>elles d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>\u00e9e der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>41,9</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls39 ws41\" style=\"z-index: 15;\">mEU<span class=\"_ _5\"/>R).  </div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les am<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9d<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ions de v<span class=\"_ _5\"/>aleur s<span class=\"_ _5\"/>ont re<span class=\"_ _5\"/>pris da<span class=\"_ _5\"/>ns la se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on \u201cD\u00e9<span class=\"_ _5\"/>pr\u00e9ci<span class=\"_ _5\"/>ations e<span class=\"_ _5\"/>t amor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>s\u201d du co<span class=\"_ _5\"/>mpte de r\u00e9<span class=\"_ _5\"/>sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 537px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les i<span class=\"_ _5\"/>mmobil<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ions inco<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>relle<span class=\"_ _5\"/>s ont augm<span class=\"_ _5\"/>ent\u00e9 de 5<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>8 mEUR, e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on sur<span class=\"_ _5\"/>tou<span class=\"_ _5\"/>t de :</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on du goo<span class=\"_ _5\"/>dwill de 42<span class=\"_ _5\"/>,5 mEU<span class=\"_ _5\"/>R due \u00e0 l'acquis<span class=\"_ _5\"/>ition d'Aldip<span class=\"_ _5\"/>res<span class=\"_ _5\"/>s et d'IM<span class=\"_ _5\"/>X ;</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>la comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on d'un logi<span class=\"_ _5\"/>ciel de 1,<span class=\"_ _5\"/>0 mEUR et d'un<span class=\"_ _5\"/>e d\u00e9nom<span class=\"_ _5\"/>inatio<span class=\"_ _5\"/>n commer<span class=\"_ _5\"/>ciale de 4,7 mEUR da<span class=\"_ _5\"/>ns le ca<span class=\"_ _5\"/>dre de l'alloc<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>u prix d'ac<span class=\"_ _5\"/>hat</div>\n<div class=\"t m0 x2a h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'IM<span class=\"_ _5\"/>X , la migr<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e l'infra<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>ture IT ve<span class=\"_ _5\"/>rs l'enviro<span class=\"_ _5\"/>nnem<span class=\"_ _5\"/>ent clou<span class=\"_ _5\"/>d et le no<span class=\"_ _5\"/>uveau mo<span class=\"_ _5\"/>d\u00e8le d<span class=\"_ _5\"/>e dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion ;</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>des a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e 18,<span class=\"_ _5\"/>3 mEUR pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt li\u00e9e<span class=\"_ _5\"/>s aux co\u00fb<span class=\"_ _5\"/>ts de d<span class=\"_ _5\"/>\u00e9velo<span class=\"_ _5\"/>ppem<span class=\"_ _5\"/>ent IC<span class=\"_ _5\"/>T capi<span class=\"_ _5\"/>talis<span class=\"_ _5\"/>\u00e9s ;</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l\u2019\u00e9volut<span class=\"_ _5\"/>ion du ta<span class=\"_ _5\"/>ux de cha<span class=\"_ _5\"/>nge (35,1 m<span class=\"_ _5\"/>EUR), princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent li\u00e9<span class=\"_ _5\"/>e \u00e0 l\u2019<span class=\"_ _d\"/>\u00e9vo<span class=\"_ _5\"/>lutio<span class=\"_ _5\"/>n du good<span class=\"_ _5\"/>will en USD ;</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent neu<span class=\"_ _5\"/>tral<span class=\"_ _5\"/>is\u00e9s p<span class=\"_ _5\"/>ar des a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et r\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e valeur s<span class=\"_ _5\"/>e chiff<span class=\"_ _5\"/>rant \u00e0 42,7 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>egro<span class=\"_ _5\"/>upeme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s sont com<span class=\"_ _5\"/>ptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s selon l<span class=\"_ _5\"/>a m\u00e9th<span class=\"_ _5\"/>ode d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>cquisi<span class=\"_ _5\"/>tion. L<span class=\"_ _5\"/>e co\u00fbt d\u2019une a<span class=\"_ _5\"/>cquisit<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t d\u00e9f<span class=\"_ _5\"/>ini com<span class=\"_ _5\"/>me l\u2019agr\u00e9g<span class=\"_ _5\"/>at de</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la cont<span class=\"_ _5\"/>repar<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie tra<span class=\"_ _5\"/>nsf\u00e9<span class=\"_ _5\"/>r\u00e9e, \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>e \u00e0 sa jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur \u00e0 la date d\u2019acqui<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n, et du m<span class=\"_ _5\"/>ontan<span class=\"_ _5\"/>t des int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s minor<span class=\"_ _5\"/>ita<span class=\"_ _5\"/>ires dan<span class=\"_ _5\"/>s l\u2019<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>repr<span class=\"_ _5\"/>ise ac<span class=\"_ _5\"/>quise<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 372px; height: 712px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag473": {
   "value": "\n<div class=\"t m0 x7 hc yba1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yba2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yba1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yba2 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yba1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hc yba3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TISS<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT<span class=\"_ _5\"/>S ET RE<span class=\"_ _5\"/>DUC<span class=\"_ _5\"/>TIO<span class=\"_ _5\"/>NS DE</div>\n<div class=\"t m0 x7 hc yba4 ff5 fs7 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">VALEU<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x7 hf yba5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yba6 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yba5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 xbb h1b yba7 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>9<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>18<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4)<span class=\"_ _91\"> </span>(16<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"lsd4 wsf5\">(4<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>9)<span class=\"_ _10a\"> </span><span class=\"ls2b ws2d\">(21<span class=\"_ _5\"/>,0)<span class=\"_ _91\"> </span></span>(42<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3)</span></span></div>\n<div class=\"t m0 x7 hd yba8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd yba9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yba8 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd ybaa ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span><span class=\"ls17 ws19\">9,<span class=\"_ _5\"/>0<span class=\"_ _bc\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,3)<span class=\"_ _21a\"> </span><span class=\"ls14 ws16\">1,6<span class=\"_ _42\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybab ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _36\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _2\"/>2<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,8<span class=\"_ _21a\"> </span><span class=\"ls1b ws1d\">1,7<span class=\"_ _80\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _105\"> </span><span class=\"ls1b ws1d\">19,7</span></span></span></div>\n<div class=\"t m0 x7 hd ybac ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _11d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _107\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _107\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,7<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls3b ws43\">(7<span class=\"_ _d\"/>,1)<span class=\"_ _bc\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,9)<span class=\"_ _d4\"> </span>(42<span class=\"_ _5\"/>,9)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybad ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _10b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,4<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _ba\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,4)<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,0</span></span></div>\n<div class=\"t m0 x7 hd ybae ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s classifi\u00e9s comme d\u00e9tenus<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hd ybaf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en v<span class=\"_ _5\"/>ue de la ve<span class=\"_ _5\"/>nte ou co<span class=\"_ _5\"/>mme</div>\n<div class=\"t m0 x7 hd ybb0 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">immeuble<span class=\"_ _d\"/> e plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x4a hd ybb1 ff4 fs8 fc2 sc0 ls1d ws1f\" style=\"z-index: 15;\">28,3<span class=\"_ _80\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span><span class=\"ls14 ws16\">1,9<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>5)<span class=\"_ _80\"> </span></span>4,6<span class=\"_ _42\"> </span>34,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ybb2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _1d8\"> </span><span class=\"ls90 wsa4\">(0,1)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bc\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>,4)<span class=\"_ _ba\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>5)<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>8)<span class=\"_ _ba\"> </span><span class=\"ls2b ws2d\">(5,9)</span></span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ybb3 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _127\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _ba\"> </span>(0,0)<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></span></div>\n<div class=\"t m0 x7 hf ybb4 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xbb h1b ybb5 ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(32<span class=\"_ _5\"/>,4)<span class=\"_ _94\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2)<span class=\"_ _91\"> </span>(1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _d\"/>52,1<span class=\"_ _d\"/>)<span class=\"_ _1cc\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>20,<span class=\"_ _5\"/>5)<span class=\"_ _109\"> </span><span class=\"lsd2 wsf2\">(4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 65px; height: 312px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t m0 x7 hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _219\"> </span><span class=\"ff7\">GOODWILL</span></div>\n<div class=\"t m0 xb5 hc yb78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>IS DE <span class=\"_ _49\"/><span class=\"ff5\"> </span></div>\n<div class=\"t m0 x14a hc yb77 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9VELOPPEMENT<span class=\"_ _20b\"> </span><span class=\"ff5\">LOGICIEL<span class=\"_ _67\"> </span>RELATION<span class=\"_ _d\"/> CLIENT</span></div>\n<div class=\"t m0 x132 hc yb78 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">D\u00c9NOMINATION<span class=\"_ _d\"/> </div>\n<div class=\"t m0 xef hc yb77 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMMERCIALE<span class=\"_ _eb\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></div>\n<div class=\"t m0 x7 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yb7b ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yb7a ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 xbb h1b yb7c ff7 fs8 fc3 sc0 ls86 ws50\" style=\"z-index: 15;\">(32<span class=\"_ _5\"/>,4)<span class=\"_ _94\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>2)<span class=\"_ _91\"> </span>(1<span class=\"_ _5\"/>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>5)<span class=\"_ _200\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _d\"/>52,1<span class=\"_ _d\"/>)<span class=\"_ _1cc\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>20,<span class=\"_ _5\"/>5)<span class=\"_ _109\"> </span><span class=\"lsd2 wsf2\">(4<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yb7d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions et additions via</div>\n<div class=\"t m0 x7 hd ybb6 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">regroupements d<span class=\"_ _d\"/>'entreprises</div>\n<div class=\"t m0 x44 hd yb7d ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yb7f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _1d0\"> </span><span class=\"ls28 ws2a\">5,4<span class=\"_ _20a\"> </span><span class=\"ls12 ws14\">17,<span class=\"_ _5\"/>6<span class=\"_ _21a\"> </span><span class=\"ls18 ws1a\">0,5<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _42\"> </span></span></span>2<span class=\"_ _5\"/>3,4</span></div>\n<div class=\"t m0 x7 hd yb80 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns sui<span class=\"_ _5\"/>te \u00e0 la ven<span class=\"_ _5\"/>te de f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s<span class=\"_ _30\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd yb81 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Amor<span class=\"_ _5\"/>tissements<span class=\"_ _11d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _ac\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3)<span class=\"_ _d4\"> </span>(1<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _42\"> </span><span class=\"ls90 wsa4\">(4,6<span class=\"_ _5\"/>)<span class=\"_ _d4\"> </span><span class=\"ls42 ws4c\">(42,<span class=\"_ _1\"/>7)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yb82 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _10b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd ybb7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s clas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>s comme d<span class=\"_ _5\"/>\u00e9ten<span class=\"_ _5\"/>us en</div>\n<div class=\"t m0 x7 hd ybb8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te ou com<span class=\"_ _5\"/>me imm<span class=\"_ _5\"/>eubl<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x7 hd ybb9 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">de plac<span class=\"_ _d\"/>ement</div>\n<div class=\"t m0 x44 hd ybba ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _80\"> </span>0,1<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span></span>0,0<span class=\"_ _80\"> </span>0,1</div>\n<div class=\"t m0 x7 hd ybbb ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _21e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _80\"> </span>0,0<span class=\"_ _ba\"> </span><span class=\"ls17 ws19\">(2,<span class=\"_ _5\"/>6)<span class=\"_ _bc\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)<span class=\"_ _42\"> </span>(0,7<span class=\"_ _5\"/>)<span class=\"_ _ba\"> </span><span class=\"ls90 wsa4\">(4<span class=\"_ _5\"/>,6)</span></span></span></span></div>\n<div class=\"t m0 x7 hd ybbc ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _1fd\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>1<span class=\"_ _bc\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _ba\"> </span>(0,<span class=\"_ _5\"/>0)<span class=\"_ _80\"> </span></span>0,1<span class=\"_ _ba\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _42\"> </span>(0,0)</span></span></div>\n<div class=\"t m0 x7 hf ybbd ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 xb6 h1b ybbe ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">(<span class=\"_ _5\"/>27,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _91\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>0)<span class=\"_ _21f\"> </span>(18<span class=\"_ _5\"/>5<span class=\"_ _5\"/>,9<span class=\"_ _5\"/>)<span class=\"_ _10a\"> </span><span class=\"lsdb wsfb\">(6<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>9)<span class=\"_ _10a\"> </span><span class=\"ls9d wsaf\">(<span class=\"_ _d\"/>25,8<span class=\"_ _1\"/>)<span class=\"_ _91\"> </span><span class=\"lsd4 wsf5\">(43<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>6)</span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 785px; height: 299px; width: 86%; z-index: 6;\"><br/></div>\n\n<div class=\"t m0 x7 hc ybc4 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x7d hc ybc5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BELGIUM</div>\n<div class=\"t m0 xcb hc ybc6 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _5\"/>AS<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 xcb hc ybc7 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">MILE<span class=\"_ _66\"> </span>PRE<span class=\"_ _5\"/>SS</div>\n<div class=\"t m0 xeb hc ybc6 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">PAR<span class=\"_ _d\"/>CELS<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x158 hc ybc7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">BE<span class=\"_ _5\"/>NE</div>\n<div class=\"t m0 x185 hc ybc8 ff5 fs7 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">PERSO<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x115 hc ybc9 ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">NALIS<span class=\"_ _d\"/>ED</div>\n<div class=\"t m0 x143 hc ybca ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">LOGIS<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x5f hc ybcb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TICS</div>\n<div class=\"t m0 x11f hc ybca ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">RADIAL</div>\n<div class=\"t m0 x186 hc ybcb ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EUROPE</div>\n<div class=\"t m0 xd0 hc ybca ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">ACTIVE<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x84 hc ybcb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ANTS</div>\n<div class=\"t m0 xb3 hc ybcc ff7 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">E-LO<span class=\"_ _5\"/><span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x56 hc ybcd ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">GI<span class=\"_ _5\"/>STI<span class=\"_ _5\"/>CS</div>\n<div class=\"t m0 x177 hc ybce ff5 fs7 fc2 sc0 ls51 ws61\" style=\"z-index: 15;\">EUR<span class=\"_ _5\"/>ASIA</div>\n<div class=\"t m0 xc7 hc ybcf ff7 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">E-LO<span class=\"_ _5\"/><span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x104 hc ybd0 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">GI<span class=\"_ _5\"/>STI<span class=\"_ _5\"/>CS</div>\n<div class=\"t m0 xf0 hc ybd1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NORTH</div>\n<div class=\"t m0 x103 hc ybd2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">AMERICA<span class=\"_ _8d\"> </span><span class=\"lsa0 wsb3\">AUTRE<span class=\"_ _17\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></span></div>\n<div class=\"t m0 x7 hf ybd3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 1</div>\n<div class=\"t m0 xe1 h22 ybd4 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x20 hf ybd3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x62 h1b ybd5 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _8f\"> </span><span class=\"ls2c ws2e\">21,<span class=\"_ _5\"/>9<span class=\"_ _6c\"> </span><span class=\"ls49 ws57\">38,3<span class=\"_ _221\"> </span></span></span>0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _68\"> </span><span class=\"lsd2 wsf2\">5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _17\"> </span><span class=\"ls25 ws27\">463,5<span class=\"_ _221\"> </span><span class=\"ls4c ws5a\">1,5<span class=\"_ _66\"> </span><span class=\"ls1d ws1f\">582,<span class=\"_ _5\"/>2</span></span></span></span></div>\n<div class=\"t m0 x7 hd ybd6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansfer<span class=\"_ _5\"/>t<span class=\"_ _1de\"> </span><span class=\"ls1b ws1d\">5<span class=\"_ _5\"/>4,7<span class=\"_ _87\"> </span><span class=\"ls0 ws0\">(21,<span class=\"_ _5\"/>9)<span class=\"_ _73\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>3)<span class=\"_ _69\"> </span><span class=\"ls18 ws1a\">20,0<span class=\"_ _69\"> </span><span class=\"ls28 ws2a\">13,4<span class=\"_ _69\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>9<span class=\"_ _86\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _96\"> </span></span></span></span>0,0<span class=\"_ _76\"> </span></span></span>(0<span class=\"_ _5\"/>,9)<span class=\"_ _96\"> </span><span class=\"ls18 ws1a\">0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ybd7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ecar<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _4e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _96\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _96\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _72\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,7<span class=\"_ _96\"> </span></span>0,0<span class=\"_ _72\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,7</span></span></div>\n<div class=\"t m0 x7 hf ybd8 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xcb h1b ybd9 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>4,7<span class=\"_ _221\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _76\"> </span>20,0<span class=\"_ _8f\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>4<span class=\"_ _6c\"> </span><span class=\"lsbb wsd8\">2<span class=\"_ _5\"/>9,9<span class=\"_ _221\"> </span></span></span>0,0<span class=\"_ _17\"> </span><span class=\"lsbb wsd8\">501<span class=\"_ _5\"/>,2<span class=\"_ _222\"> </span></span></span>0,7<span class=\"_ _87\"> </span>61<span class=\"_ _5\"/>9,7</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 104px; height: 138px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x7 hc ybda ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x13d hc ybdb ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BELGIUM</div>\n<div class=\"t m0 x187 hc ybda ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _5\"/>AS<span class=\"_ _5\"/>T MIL<span class=\"_ _5\"/>E</div>\n<div class=\"t m0 x6e hc ybdc ff5 fs7 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">PERSO<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x40 hc ybdd ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">NALIS<span class=\"_ _d\"/>ED</div>\n<div class=\"t m0 x58 hc ybde ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">LOGIS<span class=\"_ _5\"/>TICS</div>\n<div class=\"t m0 x70 hc ybdd ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">RADIAL</div>\n<div class=\"t m0 x6f hc ybde ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EUROPE<span class=\"_ _d9\"> </span><span class=\"ls50 ws5f\">ACTIVE ANT<span class=\"_ _d\"/>S</span></div>\n<div class=\"t m0 x1a hc ybdd ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">CR<span class=\"_ _5\"/>OSS</div>\n<div class=\"t m0 x17 hc ybde ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BORDER</div>\n<div class=\"t m0 x1 hc ybdf ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">E-LOGISTIC<span class=\"_ _5\"/>S<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x67 hc ybe0 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NORTH</div>\n<div class=\"t m0 x73 hc ybe1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">AMERICA<span class=\"_ _84\"> </span><span class=\"lsa0 wsb3\">AUTRE<span class=\"_ _96\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></span></div>\n<div class=\"t m0 x7 hf ybe2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 1</div>\n<div class=\"t m0 xe1 h22 ybe3 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x20 hf ybe2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x13b h1b ybe4 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>4,7<span class=\"_ _44\"> </span><span class=\"ls14 ws16\">20,0<span class=\"_ _77\"> </span><span class=\"ls25 ws27\">1<span class=\"_ _5\"/>3,4<span class=\"_ _77\"> </span><span class=\"lsbb wsd8\">29,<span class=\"_ _5\"/>9<span class=\"_ _7f\"> </span></span></span>0,0<span class=\"_ _96\"> </span><span class=\"lsbb wsd8\">5<span class=\"_ _5\"/>01,<span class=\"_ _5\"/>2<span class=\"_ _7f\"> </span></span></span>0<span class=\"_ _5\"/>,7<span class=\"_ _97\"> </span>6<span class=\"_ _5\"/>19,7</div>\n<div class=\"t m0 x7 hd ybe5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _23\"> </span><span class=\"ls42 ws4c\">22,<span class=\"_ _5\"/>3<span class=\"_ _136\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _136\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _205\"> </span>20,2<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _205\"> </span><span class=\"ls2b ws2d\">42,<span class=\"_ _5\"/>5</span></span></span></div>\n<div class=\"t m0 x7 hd ybe6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _13a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _223\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansfer<span class=\"_ _5\"/>t<span class=\"_ _224\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _44\"> </span><span class=\"ls17 ws19\">(2,<span class=\"_ _5\"/>0)<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>,7<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _b0\"> </span><span class=\"ls0 ws0\">(0,6)<span class=\"_ _206\"> </span></span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ecar<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _44\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _138\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _44\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _1c6\"> </span><span class=\"ls17 ws19\">29,4<span class=\"_ _138\"> </span></span></span>0,0<span class=\"_ _205\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hf ybea ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x48 h1b ybeb ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _205\"> </span>17,<span class=\"_ _5\"/>9<span class=\"_ _44\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>3<span class=\"_ _77\"> </span><span class=\"lsbb wsd8\">29,<span class=\"_ _5\"/>9<span class=\"_ _77\"> </span><span class=\"ls13 ws15\">22,9<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">530,<span class=\"_ _5\"/>6<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _96\"> </span><span class=\"ls86 ws50\">6<span class=\"_ _5\"/>91,6</span></span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 896px; height: 188px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill n'es<span class=\"_ _5\"/>t pas amo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ti mais e<span class=\"_ _5\"/>st so<span class=\"_ _5\"/>umis \u00e0 un te<span class=\"_ _5\"/>st de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r sur une ba<span class=\"_ _5\"/>se annu<span class=\"_ _5\"/>elle (d\u00e9ce<span class=\"_ _5\"/>mbre). Aux f<span class=\"_ _5\"/>ins du t<span class=\"_ _5\"/>est d<span class=\"_ _5\"/>e r\u00e9duc<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de va<span class=\"_ _5\"/>leur<span class=\"_ _d\"/>, le go<span class=\"_ _5\"/>odwil<span class=\"_ _5\"/>l est a<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>t\u00e9 \u00e0 chacu<span class=\"_ _5\"/>ne des un<span class=\"_ _5\"/>it\u00e9s g\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>trice<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>erie du g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>ou g<span class=\"_ _5\"/>roupe<span class=\"_ _5\"/>s d'unit\u00e9s g<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>ces de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e)</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">confo<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>ment \u00e0 la n<span class=\"_ _5\"/>orme I<span class=\"_ _5\"/>AS 3<span class=\"_ _5\"/>6 D\u00e9p<span class=\"_ _5\"/>r\u00e9ciat<span class=\"_ _5\"/>ion d'ac<span class=\"_ _5\"/>tifs<span class=\"_ _5\"/>. Le tes<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>iste \u00e0 com<span class=\"_ _5\"/>parer l<span class=\"_ _5\"/>a valeur co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>ble des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs (ou gro<span class=\"_ _5\"/>upe) des U<span class=\"_ _5\"/>GT avec</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">leur valeur re<span class=\"_ _5\"/>couvra<span class=\"_ _5\"/>ble.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les v<span class=\"_ _5\"/>aleur<span class=\"_ _5\"/>s reco<span class=\"_ _5\"/>uvra<span class=\"_ _5\"/>bles s<span class=\"_ _5\"/>ont bas<span class=\"_ _5\"/>\u00e9es s<span class=\"_ _5\"/>ur la vale<span class=\"_ _5\"/>ur d'utili<span class=\"_ _5\"/>t\u00e9. Cet<span class=\"_ _5\"/>te der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e est \u00e9<span class=\"_ _5\"/>gale \u00e0 la va<span class=\"_ _5\"/>leur ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle des f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie fut<span class=\"_ _5\"/>urs qu<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>on</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s'atte<span class=\"_ _5\"/>nd \u00e0 obte<span class=\"_ _5\"/>nir de cha<span class=\"_ _5\"/>que UGT o<span class=\"_ _5\"/>u group<span class=\"_ _5\"/>e d'UGT e<span class=\"_ _5\"/>t est d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9<span class=\"_ _5\"/>e \u00e0 l'<span class=\"_ _d\"/>aid<span class=\"_ _5\"/>e des do<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>ntes :</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ws37\">le pla<span class=\"_ _5\"/>n d'<span class=\"_ _d\"/>aff<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>t les bu<span class=\"_ _5\"/>dget<span class=\"_ _5\"/>s les pl<span class=\"_ _5\"/>us r\u00e9ce<span class=\"_ _5\"/>nts<span class=\"_ _5\"/>, y compr<span class=\"_ _5\"/>is la pla<span class=\"_ _5\"/>nifi<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n d\u00e9t<span class=\"_ _5\"/>aill\u00e9e d<span class=\"_ _5\"/>e l'EBITDA<span class=\"_ _5\"/>, le fo<span class=\"_ _5\"/>nds de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt net e<span class=\"_ _5\"/>t la planif<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ation </span></div>\n<div class=\"t m0 x2a h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des i<span class=\"_ _5\"/>nves<span class=\"_ _5\"/>tiss<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nts p<span class=\"_ _5\"/>ar le biais d<span class=\"_ _5\"/>e d\u00e9pe<span class=\"_ _5\"/>nse<span class=\"_ _5\"/>s d'inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>seme<span class=\"_ _5\"/>nt ou de lea<span class=\"_ _5\"/>sing<span class=\"_ _5\"/>, qui couv<span class=\"_ _5\"/>re une p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de de cin<span class=\"_ _5\"/>q ans ;</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>pr<span class=\"_ _5\"/>ise en co<span class=\"_ _5\"/>mpte d'une va<span class=\"_ _5\"/>leur ter<span class=\"_ _5\"/>minale d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9e \u00e0 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tir de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie ob<span class=\"_ _5\"/>tenus pa<span class=\"_ _5\"/>r ex<span class=\"_ _5\"/>trap<span class=\"_ _5\"/>olati<span class=\"_ _5\"/>on des f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie de la</div>\n<div class=\"t m0 x2a h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e ann\u00e9e d<span class=\"_ _5\"/>u plan d'affa<span class=\"_ _5\"/>ires su<span class=\"_ _5\"/>smen<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>\u00e9, affe<span class=\"_ _5\"/>ct\u00e9<span class=\"_ _5\"/>s d'un taux d<span class=\"_ _5\"/>e crois<span class=\"_ _5\"/>san<span class=\"_ _5\"/>ce \u00e0 long ter<span class=\"_ _5\"/>me jug\u00e9 ap<span class=\"_ _5\"/>prop<span class=\"_ _5\"/>ri\u00e9 po<span class=\"_ _5\"/>ur l'acti<span class=\"_ _5\"/>vit\u00e9 e<span class=\"_ _5\"/>t la loca<span class=\"_ _5\"/>lisa<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n des ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s ;</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l'act<span class=\"_ _5\"/>ualisa<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s fl<span class=\"_ _5\"/>ux de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>erie at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dus \u00e0 un ta<span class=\"_ _5\"/>ux d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>\u00e9 selo<span class=\"_ _5\"/>n la form<span class=\"_ _5\"/>ule du co\u00fbt m<span class=\"_ _5\"/>oyen po<span class=\"_ _5\"/>nd\u00e9r<span class=\"_ _5\"/>\u00e9 du capi<span class=\"_ _5\"/>tal.</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'hy<span class=\"_ _5\"/>poth<span class=\"_ _5\"/>\u00e8se p<span class=\"_ _5\"/>our laq<span class=\"_ _5\"/>uelle le<span class=\"_ _5\"/>s valeu<span class=\"_ _5\"/>rs re<span class=\"_ _5\"/>couvr<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s sont le<span class=\"_ _5\"/>s plus se<span class=\"_ _5\"/>nsibl<span class=\"_ _5\"/>es pou<span class=\"_ _5\"/>r toutes le<span class=\"_ _5\"/>s UGT te<span class=\"_ _5\"/>st\u00e9<span class=\"_ _5\"/>es es<span class=\"_ _5\"/>t l'EBIT<span class=\"_ _5\"/>DA. L<span class=\"_ _1\"/>\u2019hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>se cl\u00e9 (EB<span class=\"_ _5\"/>ITDA)</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s budg<span class=\"_ _5\"/>ets e<span class=\"_ _5\"/>st ba<span class=\"_ _5\"/>s\u00e9e s<span class=\"_ _5\"/>ur des e<span class=\"_ _5\"/>xp\u00e9<span class=\"_ _5\"/>rien<span class=\"_ _5\"/>ces pas<span class=\"_ _5\"/>s\u00e9<span class=\"_ _5\"/>es adap<span class=\"_ _5\"/>t\u00e9es a<span class=\"_ _5\"/>ux condi<span class=\"_ _5\"/>tions c<span class=\"_ _5\"/>hangean<span class=\"_ _5\"/>tes du mar<span class=\"_ _5\"/>ch\u00e9. L<span class=\"_ _1\"/>'EBI<span class=\"_ _5\"/>TDA es<span class=\"_ _5\"/>t le r\u00e9s<span class=\"_ _5\"/>ultat de l'\u00e9vol<span class=\"_ _5\"/>u-</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n des vol<span class=\"_ _5\"/>umes<span class=\"_ _5\"/>, des pr<span class=\"_ _5\"/>ix et d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>jet<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>\u00e9lior<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des co\u00fbt<span class=\"_ _5\"/>s<span class=\"_ _5\"/>, ainsi qu<span class=\"_ _5\"/>e de nou<span class=\"_ _5\"/>veaux s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s \u00e0 valeur a<span class=\"_ _5\"/>jout\u00e9<span class=\"_ _5\"/>e, selo<span class=\"_ _5\"/>n le jugem<span class=\"_ _5\"/>ent et le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>timat<span class=\"_ _5\"/>ions de l<span class=\"_ _5\"/>a direc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n lors d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>\u00e9la<span class=\"_ _5\"/>bora<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s budge<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t des p<span class=\"_ _5\"/>r\u00e9vis<span class=\"_ _5\"/>ions p<span class=\"_ _5\"/>our les an<span class=\"_ _5\"/>n\u00e9e<span class=\"_ _5\"/>s \u00e0 venir.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux d'act<span class=\"_ _5\"/>ualis<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>tim<span class=\"_ _5\"/>\u00e9 sur la bas<span class=\"_ _5\"/>e d'une anal<span class=\"_ _5\"/>yse com<span class=\"_ _5\"/>parat<span class=\"_ _5\"/>ive ap<span class=\"_ _5\"/>profon<span class=\"_ _5\"/>die avec d<span class=\"_ _5\"/>es pair<span class=\"_ _5\"/>s, de m<span class=\"_ _5\"/>ani\u00e8re \u00e0 r<span class=\"_ _5\"/>ef<span class=\"_ _5\"/>l\u00e9ter le r<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment qu<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les in<span class=\"_ _5\"/>vest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur<span class=\"_ _5\"/>s exige<span class=\"_ _5\"/>raie<span class=\"_ _5\"/>nt s'ils ch<span class=\"_ _5\"/>oisis<span class=\"_ _5\"/>saie<span class=\"_ _5\"/>nt d'inves<span class=\"_ _5\"/>tir dan<span class=\"_ _5\"/>s les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s sous \u2013 j<span class=\"_ _5\"/>acent<span class=\"_ _5\"/>s. Le g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e de pair<span class=\"_ _5\"/>s a \u00e9t\u00e9 div<span class=\"_ _5\"/>is\u00e9 en d<span class=\"_ _5\"/>eux<span class=\"_ _5\"/>: d\u2019une par<span class=\"_ _5\"/>t un</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gro<span class=\"_ _5\"/>upe li\u00e9 au co<span class=\"_ _5\"/>urr<span class=\"_ _5\"/>ier et un g<span class=\"_ _5\"/>roupe l<span class=\"_ _5\"/>i\u00e9 li\u00e9s a<span class=\"_ _5\"/>ux colis<span class=\"_ _5\"/>. En outr<span class=\"_ _5\"/>e, l'enviro<span class=\"_ _5\"/>nneme<span class=\"_ _5\"/>nt \u00e9con<span class=\"_ _5\"/>omiqu<span class=\"_ _5\"/>e diff\u00e9r<span class=\"_ _5\"/>ent a \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t \u00e9t\u00e9 pr<span class=\"_ _5\"/>is en comp<span class=\"_ _5\"/>te dans</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>nation d<span class=\"_ _5\"/>u co\u00fbt moye<span class=\"_ _5\"/>n pond<span class=\"_ _5\"/>\u00e9r\u00e9 du c<span class=\"_ _5\"/>apita<span class=\"_ _5\"/>l (WACC). En ra<span class=\"_ _5\"/>ison d'un<span class=\"_ _5\"/>e augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on du co\u00fbt d<span class=\"_ _5\"/>e la det<span class=\"_ _5\"/>te, le<span class=\"_ _5\"/>s taux d'ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on sont</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sup<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>urs \u00e0 ce<span class=\"_ _5\"/>ux appli<span class=\"_ _5\"/>qu\u00e9s lo<span class=\"_ _5\"/>rs de<span class=\"_ _5\"/>s tes<span class=\"_ _5\"/>ts de l'ann<span class=\"_ _5\"/>\u00e9e der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux de cro<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ance \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e a \u00e9t\u00e9 fi<span class=\"_ _5\"/>x\u00e9 \u00e0 0% p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s de courr<span class=\"_ _5\"/>ier, 1<span class=\"_ _1\"/>% p<span class=\"_ _5\"/>our la li<span class=\"_ _5\"/>vrai<span class=\"_ _5\"/>son du de<span class=\"_ _5\"/>rnie<span class=\"_ _5\"/>r kilom<span class=\"_ _5\"/>\u00e8tre (\u201c<span class=\"_ _5\"/>last m<span class=\"_ _5\"/>ile deli<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>y\u00bb)</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et 2% p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s de colis e<span class=\"_ _5\"/>t la logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ue du comm<span class=\"_ _5\"/>erce \u00e9le<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>roniqu<span class=\"_ _5\"/>e. Les t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance o<span class=\"_ _5\"/>nt \u00e9t\u00e9 d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9s sur b<span class=\"_ _5\"/>ase d'at<span class=\"_ _5\"/>tentes</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">inter<span class=\"_ _5\"/>nes (m\u00ea<span class=\"_ _5\"/>mes hy<span class=\"_ _5\"/>poth<span class=\"_ _5\"/>\u00e8se<span class=\"_ _5\"/>s que po<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>\u00e9vo<span class=\"_ _5\"/>lution d<span class=\"_ _5\"/>e l'EBITD<span class=\"_ _5\"/>A) et de s<span class=\"_ _5\"/>ource<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>terne<span class=\"_ _5\"/>s et so<span class=\"_ _5\"/>nt coh\u00e9<span class=\"_ _5\"/>rent<span class=\"_ _5\"/>s avec le<span class=\"_ _5\"/>s chiff<span class=\"_ _5\"/>res de cr<span class=\"_ _5\"/>ois<span class=\"_ _5\"/>sance r\u00e9<span class=\"_ _5\"/>el<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>tes po<span class=\"_ _5\"/>ur les se<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>urs p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tine<span class=\"_ _5\"/>nts da<span class=\"_ _5\"/>ns les<span class=\"_ _5\"/>quel<span class=\"_ _5\"/>s les UG<span class=\"_ _5\"/>T op\u00e8r<span class=\"_ _5\"/>ent et pr<span class=\"_ _5\"/>enne<span class=\"_ _5\"/>nt en cons<span class=\"_ _5\"/>id\u00e9r<span class=\"_ _5\"/>ation l'inf<span class=\"_ _5\"/>lat<span class=\"_ _5\"/>ion \u00e0 long t<span class=\"_ _5\"/>erme p<span class=\"_ _5\"/>our l'Euro<span class=\"_ _5\"/>pe et</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les \u00c9t<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>-Uni<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 102px; height: 455px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n et les t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance p<span class=\"_ _5\"/>our les U<span class=\"_ _5\"/>GT avec u<span class=\"_ _5\"/>n goodw<span class=\"_ _5\"/>ill signi<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>atif so<span class=\"_ _5\"/>nt pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>s dans le t<span class=\"_ _5\"/>ableau s<span class=\"_ _5\"/>uivan<span class=\"_ _5\"/>t :  </div>\n<div class=\"t m0 x90 hc y925 ff7 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">TAU<span class=\"_ _5\"/>X D'A<span class=\"_ _5\"/>CT<span class=\"_ _5\"/>UA<span class=\"_ _5\"/>LI<span class=\"_ _5\"/>SAT<span class=\"_ _5\"/>IO<span class=\"_ _5\"/>N<span class=\"_ _225\"> </span><span class=\"ls0 ws0\">TAUX D<span class=\"_ _5\"/>E CRO<span class=\"_ _5\"/>ISS<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CE</span></div>\n<div class=\"t m0 x188 hc ybec ff7 fs7 fc0 sc0 lse ws10\" style=\"z-index: 15;\">2022<span class=\"_ _137\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _cb\"> </span></span>2022<span class=\"_ _cb\"> </span><span class=\"fc2 lsf ws11\">2021</span></div>\n<div class=\"t m0 x7 hd ybed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Be<span class=\"_ _5\"/>lgium L<span class=\"_ _5\"/>as<span class=\"_ _5\"/>t mile<span class=\"_ _e0\"> </span><span class=\"ls1d ws1f\">6,6%<span class=\"_ _d8\"> </span><span class=\"ls1a ws1c\">6,4%<span class=\"_ _bf\"> </span><span class=\"ls21 ws23\">1%<span class=\"_ _bf\"> </span>1%</span></span></span></div>\n<div class=\"t m0 x7 hd ybee ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Personalise<span class=\"_ _5\"/>d<span class=\"_ _d\"/> logistic<span class=\"_ _5\"/>s<span class=\"_ _226\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _bf\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _ca\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x7 hd ybef ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Europe<span class=\"_ _227\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _bf\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _ca\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x7 hd ybf0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s<span class=\"_ _228\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _bf\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _ca\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x7 hd ybf1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cro<span class=\"_ _5\"/>ss \u2013 bo<span class=\"_ _5\"/>rde<span class=\"_ _5\"/>r<span class=\"_ _229\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _20e\"> </span><span class=\"ls21 ws23\">1%<span class=\"_ _20e\"> </span>1%</span></span></span></div>\n<div class=\"t m0 x7 hd ybf2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">E-Logistic<span class=\"_ _5\"/>s North  Ame<span class=\"_ _5\"/>rica<span class=\"_ _1de\"> </span><span class=\"ls17 ws19\">9,9%<span class=\"_ _d8\"> </span><span class=\"ls1a ws1c\">8<span class=\"_ _5\"/>,4%<span class=\"_ _ca\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _d1\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>est<span class=\"_ _5\"/>s de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeur e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9<span class=\"_ _5\"/>s au nivea<span class=\"_ _5\"/>u des UG<span class=\"_ _5\"/>T n'<span class=\"_ _d\"/>ont pa<span class=\"_ _5\"/>s condui<span class=\"_ _5\"/>t \u00e0 une r\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ion de v<span class=\"_ _5\"/>aleur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs<span class=\"_ _5\"/>, \u00e9ta<span class=\"_ _5\"/>nt donn<span class=\"_ _5\"/>\u00e9 que les</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>urs re<span class=\"_ _5\"/>couv<span class=\"_ _5\"/>rable<span class=\"_ _5\"/>s des (<span class=\"_ _5\"/>group<span class=\"_ _5\"/>es d') UG<span class=\"_ _5\"/>T \u00e9ta<span class=\"_ _5\"/>ient se<span class=\"_ _5\"/>nsible<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>up\u00e9r<span class=\"_ _5\"/>ieure<span class=\"_ _5\"/>s \u00e0 leur<span class=\"_ _5\"/>s valeu<span class=\"_ _5\"/>rs comp<span class=\"_ _5\"/>table<span class=\"_ _5\"/>s. Plu<span class=\"_ _5\"/>s pr\u00e9ci<span class=\"_ _5\"/>s\u00e9m<span class=\"_ _5\"/>ent, la d<span class=\"_ _5\"/>iff\u00e9re<span class=\"_ _5\"/>nce ent<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la val<span class=\"_ _5\"/>eur comp<span class=\"_ _5\"/>table d<span class=\"_ _5\"/>es UGT e<span class=\"_ _5\"/>t leur va<span class=\"_ _5\"/>leur d'util<span class=\"_ _5\"/>it\u00e9 (hea<span class=\"_ _5\"/>droom) re<span class=\"_ _5\"/>pr\u00e9s<span class=\"_ _5\"/>ente dan<span class=\"_ _5\"/>s tous les c<span class=\"_ _5\"/>as au m<span class=\"_ _5\"/>oins plus d<span class=\"_ _5\"/>e 100<span class=\"_ _5\"/>% de leur v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ain<span class=\"_ _5\"/>si, un cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nt rais<span class=\"_ _5\"/>onnab<span class=\"_ _5\"/>le dans une h<span class=\"_ _5\"/>ypot<span class=\"_ _5\"/>h\u00e8se c<span class=\"_ _5\"/>l\u00e9 sur laq<span class=\"_ _5\"/>uelle la v<span class=\"_ _5\"/>aleur re<span class=\"_ _5\"/>couv<span class=\"_ _5\"/>rable d<span class=\"_ _5\"/>es UGT e<span class=\"_ _5\"/>st ba<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>, n<span class=\"_ _d\"/>'ent<span class=\"_ _5\"/>ra\u00eene<span class=\"_ _5\"/>rait p<span class=\"_ _5\"/>as de pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur pour l<span class=\"_ _5\"/>es UGT co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>n\u00e9es<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A cet \u00e9g<span class=\"_ _5\"/>ard, p<span class=\"_ _5\"/>our E-L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica et B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>um Las<span class=\"_ _5\"/>t Mile qui s<span class=\"_ _5\"/>ont 2 UGT a<span class=\"_ _5\"/>vec un goo<span class=\"_ _5\"/>dwill s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if et qui re<span class=\"_ _5\"/>pr\u00e9s<span class=\"_ _5\"/>enten<span class=\"_ _5\"/>t 92% du</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant tot<span class=\"_ _5\"/>al du goo<span class=\"_ _5\"/>dwill<span class=\"_ _5\"/>, l'<span class=\"_ _d\"/>anal<span class=\"_ _5\"/>yse de s<span class=\"_ _5\"/>ensi<span class=\"_ _5\"/>bilit\u00e9 la p<span class=\"_ _5\"/>lus d\u00e9f<span class=\"_ _5\"/>avora<span class=\"_ _5\"/>ble ci \u2013 de<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>us condu<span class=\"_ _5\"/>it encor<span class=\"_ _5\"/>e \u00e0 une marg<span class=\"_ _5\"/>e suff<span class=\"_ _5\"/>isan<span class=\"_ _5\"/>te. La s<span class=\"_ _5\"/>ensibi<span class=\"_ _5\"/>lit\u00e9 de la</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur reco<span class=\"_ _5\"/>uvr<span class=\"_ _5\"/>able aux c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de l'hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>se cl\u00e9, du t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance \u00e0 l<span class=\"_ _5\"/>ong ter<span class=\"_ _5\"/>me et du t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n est p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt\u00e9e da<span class=\"_ _5\"/>ns le</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tab<span class=\"_ _5\"/>leau sui<span class=\"_ _5\"/>vant :</div>\n<div class=\"t m0 x189 hc ybf3 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">E-LOGISTICS NORTH AMERICA<span class=\"_ _d3\"> </span><span class=\"ff5\">BELGIUM<span class=\"_ _d\"/> L<span class=\"_ _5\"/>AST MILE</span></div>\n<div class=\"t m0 x7 hd ybf4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>ilit\u00e9 au t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>e croi<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e  \u2013 1,0<span class=\"_ _5\"/>%<span class=\"_ _22a\"> </span><span class=\"ls1a ws1c\">-8<span class=\"_ _5\"/>,4%<span class=\"_ _10b\"> </span><span class=\"ls31 ws33\">-1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd ybf5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>ilit\u00e9 au t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>e croi<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e +<span class=\"_ _1\"/>1<span class=\"_ _5\"/>,0%<span class=\"_ _155\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>8%<span class=\"_ _1d6\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>9%</span></span></div>\n<div class=\"t m0 x7 hd ybf6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>ilit\u00e9 au t<span class=\"_ _5\"/>aux d'a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n  \u2013 0,5<span class=\"_ _5\"/>%<span class=\"_ _22b\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%<span class=\"_ _1f5\"> </span><span class=\"ls1b ws1d\">9,7<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd ybf7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Sensibilit\u00e9 au taux d'<span class=\"_ _d\"/>actualisation +<span class=\"_ _5\"/>0,5%<span class=\"_ _22c\"> </span><span class=\"ls25 ws27\">-6,<span class=\"_ _5\"/>2%<span class=\"_ _1e8\"> </span><span class=\"ls21 ws23\">-<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>1%</span></span></div>\n<div class=\"t m0 x7 hd ybf8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>iliti<span class=\"_ _5\"/>\u00e9\u00e0 la mar<span class=\"_ _5\"/>ge sur EB<span class=\"_ _5\"/>ITDA  \u2013 1,<span class=\"_ _5\"/>0 %<span class=\"_ _22d\"> </span><span class=\"ls31 ws33\">-1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,1%<span class=\"_ _111\"> </span>-1<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x7 hd ybf9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>iliti<span class=\"_ _5\"/>\u00e9\u00e0 la mar<span class=\"_ _5\"/>ge sur EB<span class=\"_ _5\"/>ITDA +1,0 %<span class=\"_ _22e\"> </span><span class=\"ls21 ws23\">1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,1%<span class=\"_ _1fd\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>2%</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 556px; height: 526px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st S<span class=\"_ _5\"/>A compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e sur toute<span class=\"_ _5\"/>s ses c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s une prov<span class=\"_ _5\"/>ision p<span class=\"_ _5\"/>our pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues ba<span class=\"_ _5\"/>s\u00e9e s<span class=\"_ _5\"/>ur le mod<span class=\"_ _5\"/>\u00e8le de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>es sur la d<span class=\"_ _5\"/>ur\u00e9e de v<span class=\"_ _5\"/>ie. Etan<span class=\"_ _5\"/>t donn\u00e9 q<span class=\"_ _5\"/>ue les cr<span class=\"_ _5\"/>\u00e9ances co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ciales n<span class=\"_ _5\"/>e contie<span class=\"_ _5\"/>nnent p<span class=\"_ _5\"/>as de comp<span class=\"_ _5\"/>osan<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>\u00e8res si<span class=\"_ _5\"/>gnif<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>es, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a opt\u00e9 po<span class=\"_ _5\"/>ur l\u2019<span class=\"_ _d\"/>app<span class=\"_ _5\"/>roch<span class=\"_ _5\"/>e simplif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>e pour c<span class=\"_ _5\"/>alcule<span class=\"_ _5\"/>r le taux p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e credi<span class=\"_ _5\"/>t atte<span class=\"_ _5\"/>ndue gr<span class=\"_ _5\"/>\u00e2ce \u00e0 l\u2019util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on d\u2019une mat<span class=\"_ _5\"/>rice, b<span class=\"_ _5\"/>as\u00e9<span class=\"_ _5\"/>e sur les</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tau<span class=\"_ _5\"/>x his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ues de d\u00e9<span class=\"_ _5\"/>faut a<span class=\"_ _5\"/>dapt\u00e9<span class=\"_ _5\"/>s aux info<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>ions ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lles et p<span class=\"_ _5\"/>rosp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau su<span class=\"_ _5\"/>ivant p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nte les m<span class=\"_ _5\"/>ouvem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de prov<span class=\"_ _5\"/>ision p<span class=\"_ _5\"/>our pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues :</div>\n<div class=\"t m0 x7 hc yddb ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hf yddc ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yddd ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yddc ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER</div>\n<div class=\"t m0 x170 h1b ydde ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">22,0<span class=\"_ _1f5\"> </span>2<span class=\"_ _5\"/>4,8</div>\n<div class=\"t m0 x7 hd yddf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s de val<span class=\"_ _5\"/>eur<span class=\"_ _5\"/>: dotat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s via reg<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s d'entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses</div>\n<div class=\"t m0 x108 hd yde0 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,8<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>5)</span></div>\n<div class=\"t m0 x7 hd yde1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: dotation<span class=\"_ _25a\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>9<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">1,7</span></span></div>\n<div class=\"t m0 x7 hd yde2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: utilisation<span class=\"_ _168\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>)<span class=\"_ _23\"> </span>(1,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x7 hd yde3 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: repris<span class=\"_ _5\"/>e<span class=\"_ _112\"> </span><span class=\"ls42 ws4c\">(2,7)<span class=\"_ _1e2\"> </span><span class=\"ls0 ws0\">(2,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7 hd yde4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: \u00e9car<span class=\"_ _5\"/>ts de conversion<span class=\"_ _22d\"> </span><span class=\"ls22 ws24\">(0,<span class=\"_ _5\"/>3)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,5</span></span></div>\n<div class=\"t m0 x7 hf yde5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x55 h1b yde6 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">3<span class=\"_ _5\"/>7,7<span class=\"_ _23\"> </span><span class=\"ls1d ws1f\">22,0</span></div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019analy<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s balance<span class=\"_ _5\"/>s \u00e2g\u00e9e<span class=\"_ _5\"/>s des cr<span class=\"_ _5\"/>\u00e9ance<span class=\"_ _5\"/>s commer<span class=\"_ _5\"/>ciales e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xposi<span class=\"_ _5\"/>tion au r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ue de cr\u00e9<span class=\"_ _5\"/>dit se<span class=\"_ _5\"/>lon la matr<span class=\"_ _5\"/>ice de p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on se pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nte comme</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">suit :</div>\n<div class=\"t m0 x12 hc yb28 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JO<span class=\"_ _5\"/>URS D<span class=\"_ _5\"/>E RETA<span class=\"_ _5\"/>RD</div>\n<div class=\"t m0 x7 hc yde7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _280\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>T<span class=\"_ _6e\"> </span></span><span class=\"ff7\">&lt;<span class=\"_ _5\"/>60 JO<span class=\"_ _5\"/>URS<span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>0-1<span class=\"_ _5\"/>20 JO<span class=\"_ _5\"/>URS<span class=\"_ _8e\"> </span>&gt;12<span class=\"_ _5\"/>0 JOU<span class=\"_ _5\"/>RS</span></div>\n<div class=\"t m0 x9a hc yde8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SO<span class=\"_ _5\"/>LDE S<span class=\"_ _5\"/>GEI PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x14c hc yde7 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DEFAUT<span class=\"_ _138\"> </span><span class=\"ff5 fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf yde9 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x7 hd ydea ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>e bru<span class=\"_ _5\"/>te tota<span class=\"_ _5\"/>le es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>e en ca<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x7 hd ydeb ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">d\u00e9faut</div>\n<div class=\"t m0 x116 hd ydea ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">803,<span class=\"_ _5\"/>5<span class=\"_ _1cb\"> </span><span class=\"ls17 ws19\">2<span class=\"_ _5\"/>9,8<span class=\"_ _ea\"> </span><span class=\"ls26 ws28\">3,8<span class=\"_ _ea\"> </span><span class=\"ls2e ws30\">8,5<span class=\"_ _ea\"> </span><span class=\"ls1d ws1f\">6,5<span class=\"_ _254\"> </span><span class=\"ls1f ws21\">8<span class=\"_ _5\"/>52,2</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ydec ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e cr\u00e9d<span class=\"_ _5\"/>it at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>u<span class=\"_ _281\"> </span><span class=\"ls1a ws1c\">0,4%<span class=\"_ _282\"> </span><span class=\"ls14 ws16\">12,<span class=\"_ _5\"/>5%<span class=\"_ _282\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>0%<span class=\"_ _282\"> </span><span class=\"ls25 ws27\">98,0<span class=\"_ _5\"/>%<span class=\"_ _21d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yded ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n pou<span class=\"_ _5\"/>r per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues<span class=\"_ _27\"> </span>(2<span class=\"_ _5\"/>,9)<span class=\"_ _1cb\"> </span><span class=\"ls1b ws1d\">(3<span class=\"_ _5\"/>,7)<span class=\"_ _1cb\"> </span></span>(0,<span class=\"_ _5\"/>5)<span class=\"_ _1cb\"> </span><span class=\"ls22 ws24\">(8,<span class=\"_ _5\"/>4)<span class=\"_ _283\"> </span><span class=\"ls2b ws2d\">(6,<span class=\"_ _5\"/>5)<span class=\"_ _dd\"> </span><span class=\"ls17 ws19\">(22<span class=\"_ _5\"/>,0)</span></span></span></div>\n<div class=\"t m0 x7 hf ydee ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET FR<span class=\"_ _d\"/>AIS TERMINAUX</div>\n<div class=\"t m0 x5a h1b ydef ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">80<span class=\"_ _5\"/>0,6<span class=\"_ _b3\"> </span><span class=\"ls7 ws8\">26,<span class=\"_ _5\"/>1<span class=\"_ _107\"> </span><span class=\"ls25 ws27\">3,3<span class=\"_ _7e\"> </span></span></span>0,2<span class=\"_ _7e\"> </span>0,0<span class=\"_ _206\"> </span>830,<span class=\"_ _5\"/>2</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 181px; height: 496px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t m0 x12 hc ydf0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JO<span class=\"_ _5\"/>URS D<span class=\"_ _5\"/>E RETA<span class=\"_ _5\"/>RD</div>\n<div class=\"t m0 x7 hc ydf1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _280\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>T<span class=\"_ _6e\"> </span></span><span class=\"ff7\">&lt;<span class=\"_ _5\"/>60 JO<span class=\"_ _5\"/>URS<span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>0-1<span class=\"_ _5\"/>20 JO<span class=\"_ _5\"/>URS<span class=\"_ _8e\"> </span>&gt;12<span class=\"_ _5\"/>0 JOU<span class=\"_ _5\"/>RS</span></div>\n<div class=\"t m0 x9a hc ydf2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SO<span class=\"_ _5\"/>LDE S<span class=\"_ _5\"/>GEI PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x14c hc ydf1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DEFAUT<span class=\"_ _138\"> </span><span class=\"ff5 fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf ydf3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x7 hd ydf4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>e bru<span class=\"_ _5\"/>te tota<span class=\"_ _5\"/>le es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>e en ca<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x7 hd ydf5 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">d\u00e9faut</div>\n<div class=\"t m0 x116 hd ydf4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">83<span class=\"_ _5\"/>0,0<span class=\"_ _1cb\"> </span><span class=\"ls2e ws30\">48,8<span class=\"_ _ea\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>8<span class=\"_ _1cc\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>,4<span class=\"_ _13d\"> </span></span></span></span>90<span class=\"_ _5\"/>0,0</div>\n<div class=\"t m0 x7 hd ydf6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e cr\u00e9d<span class=\"_ _5\"/>it at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>u<span class=\"_ _281\"> </span><span class=\"ls18 ws1a\">0,0%<span class=\"_ _282\"> </span><span class=\"ls14 ws16\">21,6%<span class=\"_ _282\"> </span><span class=\"ls1f ws21\">43,8<span class=\"_ _5\"/>%<span class=\"_ _7f\"> </span><span class=\"ls17 ws19\">99,<span class=\"_ _5\"/>9%</span></span></span></span></div>\n<div class=\"t m0 x7 hd ydf7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n pou<span class=\"_ _5\"/>r per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues<span class=\"_ _16b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _94\"> </span><span class=\"ls1b ws1d\">(10,<span class=\"_ _5\"/>6)<span class=\"_ _1cb\"> </span><span class=\"ls90 wsa4\">(2<span class=\"_ _5\"/>,1)<span class=\"_ _254\"> </span><span class=\"ls22 ws24\">(16<span class=\"_ _5\"/>,4)<span class=\"_ _40\"> </span><span class=\"ls17 ws19\">(29,0)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ydf8 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET TERMINAL DUES</div>\n<div class=\"t m0 x5a h1b ydf9 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">830,0<span class=\"_ _b3\"> </span><span class=\"ls49 ws57\">38,2<span class=\"_ _7e\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>,7<span class=\"_ _7e\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _284\"> </span><span class=\"ls1a ws1c\">871,<span class=\"_ _5\"/>0</span></span></span></span></div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te de cr\u00e9<span class=\"_ _5\"/>dit es<span class=\"_ _5\"/>compt\u00e9 a aug<span class=\"_ _5\"/>ment\u00e9 e<span class=\"_ _5\"/>n 2022 p<span class=\"_ _5\"/>ar rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t \u00e0 2021<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>ue \u00e0 des li<span class=\"_ _5\"/>tiges av<span class=\"_ _5\"/>ec</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>s r\u00e9<span class=\"_ _5\"/>sili\u00e9s c<span class=\"_ _5\"/>hez Ra<span class=\"_ _5\"/>dial Nor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>h Amer<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>. La pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes de c<span class=\"_ _5\"/>r\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>d la supe<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n de la COVI<span class=\"_ _5\"/>D-19 et de l<span class=\"_ _5\"/>a</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cri<span class=\"_ _5\"/>se \u00e9n<span class=\"_ _5\"/>erg\u00e9t<span class=\"_ _5\"/>ique su<span class=\"_ _5\"/>r la base d<span class=\"_ _5\"/>e la nota<span class=\"_ _5\"/>tion de c<span class=\"_ _5\"/>r\u00e9dit d<span class=\"_ _5\"/>u client f<span class=\"_ _5\"/>ourni<span class=\"_ _5\"/>e par une age<span class=\"_ _5\"/>nce de no<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 837px; height: 247px; width: 86%; z-index: 6;\"/>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag474": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 hb y5b ff7 fs6 fc3 sc0 ls51 ws61\" style=\"z-index: 15;\">Goodwill</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill e<span class=\"_ _5\"/>st ini<span class=\"_ _5\"/>tialem<span class=\"_ _5\"/>ent \u00e9v<span class=\"_ _5\"/>alu\u00e9 au co\u00fb<span class=\"_ _5\"/>t, so<span class=\"_ _5\"/>it l\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>c\u00e9dent d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>agr<span class=\"_ _5\"/>\u00e9gat de l<span class=\"_ _5\"/>a contre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>f\u00e9r\u00e9<span class=\"_ _5\"/>e sur le ne<span class=\"_ _5\"/>t ident<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>able de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs ac<span class=\"_ _5\"/>quis et</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>ifs sup<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>s. A<span class=\"_ _5\"/>pr\u00e8s co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilisa<span class=\"_ _5\"/>tion ini<span class=\"_ _5\"/>tiale, le g<span class=\"_ _5\"/>oodw<span class=\"_ _5\"/>ill es<span class=\"_ _5\"/>t \u00e9valu\u00e9 a<span class=\"_ _5\"/>u co\u00fbt mo<span class=\"_ _5\"/>ins toute<span class=\"_ _5\"/>s r\u00e9du<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons de va<span class=\"_ _5\"/>leur acc<span class=\"_ _5\"/>umul\u00e9e<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill a \u00e9<span class=\"_ _5\"/>t\u00e9 allou<span class=\"_ _5\"/>\u00e9 \u00e0 chaque u<span class=\"_ _5\"/>nit\u00e9 g\u00e9n\u00e9<span class=\"_ _5\"/>ratr<span class=\"_ _5\"/>ice de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>ou g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>es d\u2019unit\u00e9<span class=\"_ _5\"/>s g\u00e9n\u00e9r<span class=\"_ _5\"/>atr<span class=\"_ _5\"/>ices de t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie) du group<span class=\"_ _5\"/>e en acco<span class=\"_ _5\"/>rd avec</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">IA<span class=\"_ _5\"/>S 36 R\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeur d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s.</div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ybc4 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x7d hc ybc5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BELGIUM</div>\n<div class=\"t m0 xcb hc ybc6 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _5\"/>AS<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 xcb hc ybc7 ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">MILE<span class=\"_ _66\"> </span>PRE<span class=\"_ _5\"/>SS</div>\n<div class=\"t m0 xeb hc ybc6 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">PAR<span class=\"_ _d\"/>CELS<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x158 hc ybc7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">BE<span class=\"_ _5\"/>NE</div>\n<div class=\"t m0 x185 hc ybc8 ff5 fs7 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">PERSO<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x115 hc ybc9 ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">NALIS<span class=\"_ _d\"/>ED</div>\n<div class=\"t m0 x143 hc ybca ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">LOGIS<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x5f hc ybcb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TICS</div>\n<div class=\"t m0 x11f hc ybca ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">RADIAL</div>\n<div class=\"t m0 x186 hc ybcb ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EUROPE</div>\n<div class=\"t m0 xd0 hc ybca ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">ACTIVE<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x84 hc ybcb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">ANTS</div>\n<div class=\"t m0 xb3 hc ybcc ff7 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">E-LO<span class=\"_ _5\"/><span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x56 hc ybcd ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">GI<span class=\"_ _5\"/>STI<span class=\"_ _5\"/>CS</div>\n<div class=\"t m0 x177 hc ybce ff5 fs7 fc2 sc0 ls51 ws61\" style=\"z-index: 15;\">EUR<span class=\"_ _5\"/>ASIA</div>\n<div class=\"t m0 xc7 hc ybcf ff7 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">E-LO<span class=\"_ _5\"/><span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x104 hc ybd0 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">GI<span class=\"_ _5\"/>STI<span class=\"_ _5\"/>CS</div>\n<div class=\"t m0 xf0 hc ybd1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NORTH</div>\n<div class=\"t m0 x103 hc ybd2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">AMERICA<span class=\"_ _8d\"> </span><span class=\"lsa0 wsb3\">AUTRE<span class=\"_ _17\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></span></div>\n<div class=\"t m0 x7 hf ybd3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 1</div>\n<div class=\"t m0 xe1 h22 ybd4 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x20 hf ybd3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x62 h1b ybd5 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _8f\"> </span><span class=\"ls2c ws2e\">21,<span class=\"_ _5\"/>9<span class=\"_ _6c\"> </span><span class=\"ls49 ws57\">38,3<span class=\"_ _221\"> </span></span></span>0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _68\"> </span><span class=\"lsd2 wsf2\">5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _17\"> </span><span class=\"ls25 ws27\">463,5<span class=\"_ _221\"> </span><span class=\"ls4c ws5a\">1,5<span class=\"_ _66\"> </span><span class=\"ls1d ws1f\">582,<span class=\"_ _5\"/>2</span></span></span></span></div>\n<div class=\"t m0 x7 hd ybd6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansfer<span class=\"_ _5\"/>t<span class=\"_ _1de\"> </span><span class=\"ls1b ws1d\">5<span class=\"_ _5\"/>4,7<span class=\"_ _87\"> </span><span class=\"ls0 ws0\">(21,<span class=\"_ _5\"/>9)<span class=\"_ _73\"> </span><span class=\"ls22 ws24\">(3<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>3)<span class=\"_ _69\"> </span><span class=\"ls18 ws1a\">20,0<span class=\"_ _69\"> </span><span class=\"ls28 ws2a\">13,4<span class=\"_ _69\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>9<span class=\"_ _86\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>5<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _96\"> </span></span></span></span>0,0<span class=\"_ _76\"> </span></span></span>(0<span class=\"_ _5\"/>,9)<span class=\"_ _96\"> </span><span class=\"ls18 ws1a\">0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ybd7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ecar<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _4e\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _96\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _96\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _84\"> </span>0,0<span class=\"_ _72\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,7<span class=\"_ _96\"> </span></span>0,0<span class=\"_ _72\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>7,7</span></span></div>\n<div class=\"t m0 x7 hf ybd8 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 xcb h1b ybd9 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>4,7<span class=\"_ _221\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _221\"> </span>0,0<span class=\"_ _76\"> </span>20,0<span class=\"_ _8f\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>4<span class=\"_ _6c\"> </span><span class=\"lsbb wsd8\">2<span class=\"_ _5\"/>9,9<span class=\"_ _221\"> </span></span></span>0,0<span class=\"_ _17\"> </span><span class=\"lsbb wsd8\">501<span class=\"_ _5\"/>,2<span class=\"_ _222\"> </span></span></span>0,7<span class=\"_ _87\"> </span>61<span class=\"_ _5\"/>9,7</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 104px; height: 138px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 104px; height: 138px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 104px; height: 258px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hc ybda ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR</div>\n<div class=\"t m0 x13d hc ybdb ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BELGIUM</div>\n<div class=\"t m0 x187 hc ybda ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _5\"/>AS<span class=\"_ _5\"/>T MIL<span class=\"_ _5\"/>E</div>\n<div class=\"t m0 x6e hc ybdc ff5 fs7 fc2 sc0 ls2e ws30\" style=\"z-index: 15;\">PERSO<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x40 hc ybdd ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">NALIS<span class=\"_ _d\"/>ED</div>\n<div class=\"t m0 x58 hc ybde ff5 fs7 fc2 sc0 ls78 ws8b\" style=\"z-index: 15;\">LOGIS<span class=\"_ _5\"/>TICS</div>\n<div class=\"t m0 x70 hc ybdd ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">RADIAL</div>\n<div class=\"t m0 x6f hc ybde ff5 fs7 fc2 sc0 lsf ws11\" style=\"z-index: 15;\">EUROPE<span class=\"_ _d9\"> </span><span class=\"ls50 ws5f\">ACTIVE ANT<span class=\"_ _d\"/>S</span></div>\n<div class=\"t m0 x1a hc ybdd ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">CR<span class=\"_ _5\"/>OSS</div>\n<div class=\"t m0 x17 hc ybde ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">BORDER</div>\n<div class=\"t m0 x1 hc ybdf ff7 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">E-LOGISTIC<span class=\"_ _5\"/>S<span class=\"_ _d\"/> </div>\n<div class=\"t m0 x67 hc ybe0 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NORTH</div>\n<div class=\"t m0 x73 hc ybe1 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">AMERICA<span class=\"_ _84\"> </span><span class=\"lsa0 wsb3\">AUTRE<span class=\"_ _96\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></span></div>\n<div class=\"t m0 x7 hf ybe2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 1</div>\n<div class=\"t m0 xe1 h22 ybe3 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x20 hf ybe2 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x13b h1b ybe4 ff7 fs8 fc3 sc0 lsd4 wsf5\" style=\"z-index: 15;\">5<span class=\"_ _5\"/>4,7<span class=\"_ _44\"> </span><span class=\"ls14 ws16\">20,0<span class=\"_ _77\"> </span><span class=\"ls25 ws27\">1<span class=\"_ _5\"/>3,4<span class=\"_ _77\"> </span><span class=\"lsbb wsd8\">29,<span class=\"_ _5\"/>9<span class=\"_ _7f\"> </span></span></span>0,0<span class=\"_ _96\"> </span><span class=\"lsbb wsd8\">5<span class=\"_ _5\"/>01,<span class=\"_ _5\"/>2<span class=\"_ _7f\"> </span></span></span>0<span class=\"_ _5\"/>,7<span class=\"_ _97\"> </span>6<span class=\"_ _5\"/>19,7</div>\n<div class=\"t m0 x7 hd ybe5 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Acquisitions<span class=\"_ _23\"> </span><span class=\"ls42 ws4c\">22,<span class=\"_ _5\"/>3<span class=\"_ _136\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _136\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _205\"> </span>20,2<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _205\"> </span><span class=\"ls2b ws2d\">42,<span class=\"_ _5\"/>5</span></span></span></div>\n<div class=\"t m0 x7 hd ybe6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cessions<span class=\"_ _13a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _223\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span>0,0<span class=\"_ _138\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe8 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>r<span class=\"_ _5\"/>ansfer<span class=\"_ _5\"/>t<span class=\"_ _224\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _44\"> </span><span class=\"ls17 ws19\">(2,<span class=\"_ _5\"/>0)<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _206\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>,7<span class=\"_ _138\"> </span></span>0,0<span class=\"_ _b0\"> </span><span class=\"ls0 ws0\">(0,6)<span class=\"_ _206\"> </span></span>0,0</span></div>\n<div class=\"t m0 x7 hd ybe9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Ecar<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _202\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _138\"> </span>0,0<span class=\"_ _44\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _138\"> </span></span>0,<span class=\"_ _5\"/>0<span class=\"_ _44\"> </span><span class=\"ls0 ws0\">(0,0)<span class=\"_ _1c6\"> </span><span class=\"ls17 ws19\">29,4<span class=\"_ _138\"> </span></span></span>0,0<span class=\"_ _205\"> </span><span class=\"ls17 ws19\">29,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hf ybea ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x48 h1b ybeb ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _205\"> </span>17,<span class=\"_ _5\"/>9<span class=\"_ _44\"> </span><span class=\"ls25 ws27\">13,<span class=\"_ _5\"/>3<span class=\"_ _77\"> </span><span class=\"lsbb wsd8\">29,<span class=\"_ _5\"/>9<span class=\"_ _77\"> </span><span class=\"ls13 ws15\">22,9<span class=\"_ _96\"> </span><span class=\"ls14 ws16\">530,<span class=\"_ _5\"/>6<span class=\"_ _1ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _96\"> </span><span class=\"ls86 ws50\">6<span class=\"_ _5\"/>91,6</span></span></span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 896px; height: 188px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 896px; height: 188px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation du g<span class=\"_ _5\"/>oodw<span class=\"_ _5\"/>ill de 619,7 mEUR \u00e0 691,6 mEUR e<span class=\"_ _5\"/>st du<span class=\"_ _5\"/>e, d'une par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>, au goo<span class=\"_ _5\"/>dwill comp<span class=\"_ _5\"/>tabil<span class=\"_ _5\"/>is\u00e9 li\u00e9 \u00e0 l'ach<span class=\"_ _5\"/>at d'IMX e<span class=\"_ _5\"/>t d'<span class=\"_ _1\"/>A<span class=\"_ _5\"/>ldipre<span class=\"_ _5\"/>ss e<span class=\"_ _5\"/>t,</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'autre p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t, \u00e0 l'\u00e9volut<span class=\"_ _5\"/>ion du t<span class=\"_ _5\"/>aux de ch<span class=\"_ _5\"/>ange.</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 la sui<span class=\"_ _5\"/>te de la nou<span class=\"_ _5\"/>velle s<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>e orga<span class=\"_ _5\"/>nisat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle 202<span class=\"_ _5\"/>2 de bpo<span class=\"_ _5\"/>stg<span class=\"_ _5\"/>roup sur la b<span class=\"_ _5\"/>ase de<span class=\"_ _5\"/>s nou<span class=\"_ _5\"/>veaux s<span class=\"_ _5\"/>egme<span class=\"_ _5\"/>nts o<span class=\"_ _5\"/>p\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>els B<span class=\"_ _5\"/>elgiu<span class=\"_ _5\"/>m,</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">E-Lo<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eurasi<span class=\"_ _5\"/>a et E-Lo<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>ics N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>meri<span class=\"_ _5\"/>ca, le<span class=\"_ _5\"/>s unit\u00e9s g<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>ces de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e ont \u00e9t\u00e9 r\u00e9<span class=\"_ _5\"/>org<span class=\"_ _5\"/>anis\u00e9<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>in 2021 af<span class=\"_ _5\"/>in de re<span class=\"_ _5\"/>fl\u00e9<span class=\"_ _5\"/>ter le plu<span class=\"_ _5\"/>s pet<span class=\"_ _5\"/>it</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gro<span class=\"_ _5\"/>upe d'ac<span class=\"_ _5\"/>tifs g\u00e9<span class=\"_ _5\"/>n\u00e9r<span class=\"_ _5\"/>ant des f<span class=\"_ _5\"/>lux e<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie ind<span class=\"_ _5\"/>\u00e9pen<span class=\"_ _5\"/>dant<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment \u00e0 l<span class=\"_ _5\"/>a str<span class=\"_ _5\"/>at\u00e9gie v<span class=\"_ _5\"/>isan<span class=\"_ _5\"/>t \u00e0 tran<span class=\"_ _5\"/>sfor<span class=\"_ _5\"/>mer le<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivi<span class=\"_ _5\"/>t\u00e9s de B<span class=\"_ _5\"/>elgium e<span class=\"_ _5\"/>n un mod<span class=\"_ _5\"/>\u00e8le rep<span class=\"_ _5\"/>osan<span class=\"_ _5\"/>t sur les col<span class=\"_ _5\"/>is et int\u00e9<span class=\"_ _5\"/>grant l<span class=\"_ _5\"/>e courr<span class=\"_ _5\"/>ier nat<span class=\"_ _5\"/>ional<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le goo<span class=\"_ _5\"/>dwill li<span class=\"_ _5\"/>\u00e9 au \u201clas<span class=\"_ _5\"/>t mile de<span class=\"_ _5\"/>liver<span class=\"_ _5\"/>y<span class=\"_ _5\"/>\u201d des col<span class=\"_ _5\"/>is en Be<span class=\"_ _5\"/>lgiqu<span class=\"_ _5\"/>e (par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>e l\u2019UGT P<span class=\"_ _5\"/>arcel<span class=\"_ _5\"/>s BeN<span class=\"_ _5\"/>e) et \u00e0 l\u2019UG<span class=\"_ _5\"/>T Pres<span class=\"_ _5\"/>s a \u00e9t\u00e9 tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>f\u00e9r\u00e9 ver<span class=\"_ _5\"/>s Be<span class=\"_ _5\"/>lgium L<span class=\"_ _5\"/>ast</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mile (5<span class=\"_ _5\"/>4,7 mEUR) en 202<span class=\"_ _5\"/>1. Le goo<span class=\"_ _5\"/>dwill li\u00e9 \u00e0 l'acq<span class=\"_ _5\"/>uisit<span class=\"_ _5\"/>ion d'<span class=\"_ _d\"/>Al<span class=\"_ _5\"/>dipre<span class=\"_ _5\"/>ss en 20<span class=\"_ _5\"/>22 a \u00e9t\u00e9 al<span class=\"_ _5\"/>lou\u00e9 \u00e0 l'UG<span class=\"_ _5\"/>T Belg<span class=\"_ _5\"/>ium La<span class=\"_ _5\"/>st Mile<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour s<span class=\"_ _5\"/>outen<span class=\"_ _5\"/>ir la str<span class=\"_ _5\"/>at\u00e9gi<span class=\"_ _5\"/>e de croi<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce du se<span class=\"_ _5\"/>gment o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nel E-L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Euras<span class=\"_ _5\"/>ia, l'UGT E-<span class=\"_ _5\"/>Co<span class=\"_ _5\"/>mmerce l<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Eurasi<span class=\"_ _5\"/>a a \u00e9t\u00e9 r\u00e9o<span class=\"_ _5\"/>rgan<span class=\"_ _5\"/>is\u00e9e</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>1 en 3 UGT ave<span class=\"_ _5\"/>c goo<span class=\"_ _5\"/>dwill : Ra<span class=\"_ _5\"/>dial Europ<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>1<span class=\"_ _5\"/>3,4 mEUR), Ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ve Ant<span class=\"_ _5\"/>s (29,<span class=\"_ _5\"/>9 mEUR) et Per<span class=\"_ _5\"/>son<span class=\"_ _5\"/>alise<span class=\"_ _5\"/>d Logis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s (20,0 m<span class=\"_ _5\"/>EUR). Cet<span class=\"_ _5\"/>te der<span class=\"_ _5\"/>ni\u00e8re</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">incl<span class=\"_ _5\"/>ut la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on des co<span class=\"_ _5\"/>lis aux Pay<span class=\"_ _5\"/>s \u2013 Bas<span class=\"_ _5\"/>, qui fai<span class=\"_ _5\"/>sait pa<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tie de l\u2019<span class=\"_ _5\"/>UGT Par<span class=\"_ _5\"/>cels B<span class=\"_ _5\"/>eNe dan<span class=\"_ _5\"/>s l\u2019<span class=\"_ _d\"/>an<span class=\"_ _5\"/>cienn<span class=\"_ _5\"/>e str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>ture. L<span class=\"_ _5\"/>a combina<span class=\"_ _5\"/>ison d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s chez</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Per<span class=\"_ _5\"/>sona<span class=\"_ _5\"/>lised L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s cr\u00e9<span class=\"_ _5\"/>e le plus pe<span class=\"_ _5\"/>tit gr<span class=\"_ _5\"/>oupe d\u2019ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s g\u00e9n\u00e9r<span class=\"_ _5\"/>ant de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x entr<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie in<span class=\"_ _5\"/>d\u00e9pe<span class=\"_ _5\"/>ndant<span class=\"_ _5\"/>s supp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>t la nouv<span class=\"_ _5\"/>elle st<span class=\"_ _5\"/>rat\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gie d<span class=\"_ _5\"/>e Pers<span class=\"_ _5\"/>onalis<span class=\"_ _5\"/>ed Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics ; d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n \u00e0 valeur a<span class=\"_ _5\"/>jout\u00e9<span class=\"_ _5\"/>e soute<span class=\"_ _5\"/>nus par un s<span class=\"_ _5\"/>avoir \u2013 fa<span class=\"_ _5\"/>ire tec<span class=\"_ _5\"/>hnique<span class=\"_ _5\"/>. Le good<span class=\"_ _5\"/>will es<span class=\"_ _5\"/>t r\u00e9allo<span class=\"_ _5\"/>u\u00e9 en</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">reco<span class=\"_ _5\"/>urant \u00e0 l<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>app<span class=\"_ _5\"/>roche b<span class=\"_ _5\"/>as\u00e9<span class=\"_ _5\"/>e sur la val<span class=\"_ _5\"/>eur rel<span class=\"_ _5\"/>ative.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill li<span class=\"_ _5\"/>\u00e9 \u00e0 l'<span class=\"_ _d\"/>acq<span class=\"_ _5\"/>uisit<span class=\"_ _5\"/>ion d'IM<span class=\"_ _5\"/>X en 202<span class=\"_ _5\"/>2 a \u00e9t\u00e9 allou<span class=\"_ _5\"/>\u00e9 \u00e0 l'UGT Cr<span class=\"_ _5\"/>oss B<span class=\"_ _5\"/>order, qui fou<span class=\"_ _5\"/>rnit de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices inb<span class=\"_ _5\"/>ound<span class=\"_ _5\"/>, outb<span class=\"_ _5\"/>ound et d'i<span class=\"_ _5\"/>mpor<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(droit<span class=\"_ _5\"/>s de do<span class=\"_ _5\"/>uane) pou<span class=\"_ _5\"/>r les colis e<span class=\"_ _5\"/>n Europ<span class=\"_ _5\"/>e et en A<span class=\"_ _5\"/>sie et p<span class=\"_ _5\"/>our le cou<span class=\"_ _5\"/>rri<span class=\"_ _5\"/>er inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>nal dans le m<span class=\"_ _5\"/>onde e<span class=\"_ _5\"/>ntier.</div>\n\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le go<span class=\"_ _5\"/>odwill n'es<span class=\"_ _5\"/>t pas amo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ti mais e<span class=\"_ _5\"/>st so<span class=\"_ _5\"/>umis \u00e0 un te<span class=\"_ _5\"/>st de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeu<span class=\"_ _5\"/>r sur une ba<span class=\"_ _5\"/>se annu<span class=\"_ _5\"/>elle (d\u00e9ce<span class=\"_ _5\"/>mbre). Aux f<span class=\"_ _5\"/>ins du t<span class=\"_ _5\"/>est d<span class=\"_ _5\"/>e r\u00e9duc<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de va<span class=\"_ _5\"/>leur<span class=\"_ _d\"/>, le go<span class=\"_ _5\"/>odwil<span class=\"_ _5\"/>l est a<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>t\u00e9 \u00e0 chacu<span class=\"_ _5\"/>ne des un<span class=\"_ _5\"/>it\u00e9s g\u00e9<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>trice<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>erie du g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e (<span class=\"_ _d\"/>ou g<span class=\"_ _5\"/>roupe<span class=\"_ _5\"/>s d'unit\u00e9s g<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>atri<span class=\"_ _5\"/>ces de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e)</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">confo<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>ment \u00e0 la n<span class=\"_ _5\"/>orme I<span class=\"_ _5\"/>AS 3<span class=\"_ _5\"/>6 D\u00e9p<span class=\"_ _5\"/>r\u00e9ciat<span class=\"_ _5\"/>ion d'ac<span class=\"_ _5\"/>tifs<span class=\"_ _5\"/>. Le tes<span class=\"_ _5\"/>t cons<span class=\"_ _5\"/>iste \u00e0 com<span class=\"_ _5\"/>parer l<span class=\"_ _5\"/>a valeur co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>ble des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs (ou gro<span class=\"_ _5\"/>upe) des U<span class=\"_ _5\"/>GT avec</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">leur valeur re<span class=\"_ _5\"/>couvra<span class=\"_ _5\"/>ble.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les v<span class=\"_ _5\"/>aleur<span class=\"_ _5\"/>s reco<span class=\"_ _5\"/>uvra<span class=\"_ _5\"/>bles s<span class=\"_ _5\"/>ont bas<span class=\"_ _5\"/>\u00e9es s<span class=\"_ _5\"/>ur la vale<span class=\"_ _5\"/>ur d'utili<span class=\"_ _5\"/>t\u00e9. Cet<span class=\"_ _5\"/>te der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e est \u00e9<span class=\"_ _5\"/>gale \u00e0 la va<span class=\"_ _5\"/>leur ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lle des f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie fut<span class=\"_ _5\"/>urs qu<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>on</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">s'atte<span class=\"_ _5\"/>nd \u00e0 obte<span class=\"_ _5\"/>nir de cha<span class=\"_ _5\"/>que UGT o<span class=\"_ _5\"/>u group<span class=\"_ _5\"/>e d'UGT e<span class=\"_ _5\"/>t est d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9<span class=\"_ _5\"/>e \u00e0 l'<span class=\"_ _d\"/>aid<span class=\"_ _5\"/>e des do<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s suiva<span class=\"_ _5\"/>ntes :</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ws37\">le pla<span class=\"_ _5\"/>n d'<span class=\"_ _d\"/>aff<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>t les bu<span class=\"_ _5\"/>dget<span class=\"_ _5\"/>s les pl<span class=\"_ _5\"/>us r\u00e9ce<span class=\"_ _5\"/>nts<span class=\"_ _5\"/>, y compr<span class=\"_ _5\"/>is la pla<span class=\"_ _5\"/>nifi<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n d\u00e9t<span class=\"_ _5\"/>aill\u00e9e d<span class=\"_ _5\"/>e l'EBITDA<span class=\"_ _5\"/>, le fo<span class=\"_ _5\"/>nds de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt net e<span class=\"_ _5\"/>t la planif<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ation </span></div>\n<div class=\"t m0 x2a h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des i<span class=\"_ _5\"/>nves<span class=\"_ _5\"/>tiss<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nts p<span class=\"_ _5\"/>ar le biais d<span class=\"_ _5\"/>e d\u00e9pe<span class=\"_ _5\"/>nse<span class=\"_ _5\"/>s d'inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>seme<span class=\"_ _5\"/>nt ou de lea<span class=\"_ _5\"/>sing<span class=\"_ _5\"/>, qui couv<span class=\"_ _5\"/>re une p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>de de cin<span class=\"_ _5\"/>q ans ;</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>pr<span class=\"_ _5\"/>ise en co<span class=\"_ _5\"/>mpte d'une va<span class=\"_ _5\"/>leur ter<span class=\"_ _5\"/>minale d<span class=\"_ _5\"/>\u00e9ter<span class=\"_ _5\"/>min\u00e9e \u00e0 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tir de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie ob<span class=\"_ _5\"/>tenus pa<span class=\"_ _5\"/>r ex<span class=\"_ _5\"/>trap<span class=\"_ _5\"/>olati<span class=\"_ _5\"/>on des f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie de la</div>\n<div class=\"t m0 x2a h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e ann\u00e9e d<span class=\"_ _5\"/>u plan d'affa<span class=\"_ _5\"/>ires su<span class=\"_ _5\"/>smen<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>\u00e9, affe<span class=\"_ _5\"/>ct\u00e9<span class=\"_ _5\"/>s d'un taux d<span class=\"_ _5\"/>e crois<span class=\"_ _5\"/>san<span class=\"_ _5\"/>ce \u00e0 long ter<span class=\"_ _5\"/>me jug\u00e9 ap<span class=\"_ _5\"/>prop<span class=\"_ _5\"/>ri\u00e9 po<span class=\"_ _5\"/>ur l'acti<span class=\"_ _5\"/>vit\u00e9 e<span class=\"_ _5\"/>t la loca<span class=\"_ _5\"/>lisa<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n des ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s ;</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l'act<span class=\"_ _5\"/>ualisa<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s fl<span class=\"_ _5\"/>ux de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>erie at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dus \u00e0 un ta<span class=\"_ _5\"/>ux d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>\u00e9 selo<span class=\"_ _5\"/>n la form<span class=\"_ _5\"/>ule du co\u00fbt m<span class=\"_ _5\"/>oyen po<span class=\"_ _5\"/>nd\u00e9r<span class=\"_ _5\"/>\u00e9 du capi<span class=\"_ _5\"/>tal.</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'hy<span class=\"_ _5\"/>poth<span class=\"_ _5\"/>\u00e8se p<span class=\"_ _5\"/>our laq<span class=\"_ _5\"/>uelle le<span class=\"_ _5\"/>s valeu<span class=\"_ _5\"/>rs re<span class=\"_ _5\"/>couvr<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s sont le<span class=\"_ _5\"/>s plus se<span class=\"_ _5\"/>nsibl<span class=\"_ _5\"/>es pou<span class=\"_ _5\"/>r toutes le<span class=\"_ _5\"/>s UGT te<span class=\"_ _5\"/>st\u00e9<span class=\"_ _5\"/>es es<span class=\"_ _5\"/>t l'EBIT<span class=\"_ _5\"/>DA. L<span class=\"_ _1\"/>\u2019hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>se cl\u00e9 (EB<span class=\"_ _5\"/>ITDA)</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s budg<span class=\"_ _5\"/>ets e<span class=\"_ _5\"/>st ba<span class=\"_ _5\"/>s\u00e9e s<span class=\"_ _5\"/>ur des e<span class=\"_ _5\"/>xp\u00e9<span class=\"_ _5\"/>rien<span class=\"_ _5\"/>ces pas<span class=\"_ _5\"/>s\u00e9<span class=\"_ _5\"/>es adap<span class=\"_ _5\"/>t\u00e9es a<span class=\"_ _5\"/>ux condi<span class=\"_ _5\"/>tions c<span class=\"_ _5\"/>hangean<span class=\"_ _5\"/>tes du mar<span class=\"_ _5\"/>ch\u00e9. L<span class=\"_ _1\"/>'EBI<span class=\"_ _5\"/>TDA es<span class=\"_ _5\"/>t le r\u00e9s<span class=\"_ _5\"/>ultat de l'\u00e9vol<span class=\"_ _5\"/>u-</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n des vol<span class=\"_ _5\"/>umes<span class=\"_ _5\"/>, des pr<span class=\"_ _5\"/>ix et d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>jet<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>\u00e9lior<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des co\u00fbt<span class=\"_ _5\"/>s<span class=\"_ _5\"/>, ainsi qu<span class=\"_ _5\"/>e de nou<span class=\"_ _5\"/>veaux s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s \u00e0 valeur a<span class=\"_ _5\"/>jout\u00e9<span class=\"_ _5\"/>e, selo<span class=\"_ _5\"/>n le jugem<span class=\"_ _5\"/>ent et le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">es<span class=\"_ _5\"/>timat<span class=\"_ _5\"/>ions de l<span class=\"_ _5\"/>a direc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n lors d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>\u00e9la<span class=\"_ _5\"/>bora<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s budge<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t des p<span class=\"_ _5\"/>r\u00e9vis<span class=\"_ _5\"/>ions p<span class=\"_ _5\"/>our les an<span class=\"_ _5\"/>n\u00e9e<span class=\"_ _5\"/>s \u00e0 venir.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux d'act<span class=\"_ _5\"/>ualis<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>tim<span class=\"_ _5\"/>\u00e9 sur la bas<span class=\"_ _5\"/>e d'une anal<span class=\"_ _5\"/>yse com<span class=\"_ _5\"/>parat<span class=\"_ _5\"/>ive ap<span class=\"_ _5\"/>profon<span class=\"_ _5\"/>die avec d<span class=\"_ _5\"/>es pair<span class=\"_ _5\"/>s, de m<span class=\"_ _5\"/>ani\u00e8re \u00e0 r<span class=\"_ _5\"/>ef<span class=\"_ _5\"/>l\u00e9ter le r<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>ment qu<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les in<span class=\"_ _5\"/>vest<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur<span class=\"_ _5\"/>s exige<span class=\"_ _5\"/>raie<span class=\"_ _5\"/>nt s'ils ch<span class=\"_ _5\"/>oisis<span class=\"_ _5\"/>saie<span class=\"_ _5\"/>nt d'inves<span class=\"_ _5\"/>tir dan<span class=\"_ _5\"/>s les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s sous \u2013 j<span class=\"_ _5\"/>acent<span class=\"_ _5\"/>s. Le g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e de pair<span class=\"_ _5\"/>s a \u00e9t\u00e9 div<span class=\"_ _5\"/>is\u00e9 en d<span class=\"_ _5\"/>eux<span class=\"_ _5\"/>: d\u2019une par<span class=\"_ _5\"/>t un</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gro<span class=\"_ _5\"/>upe li\u00e9 au co<span class=\"_ _5\"/>urr<span class=\"_ _5\"/>ier et un g<span class=\"_ _5\"/>roupe l<span class=\"_ _5\"/>i\u00e9 li\u00e9s a<span class=\"_ _5\"/>ux colis<span class=\"_ _5\"/>. En outr<span class=\"_ _5\"/>e, l'enviro<span class=\"_ _5\"/>nneme<span class=\"_ _5\"/>nt \u00e9con<span class=\"_ _5\"/>omiqu<span class=\"_ _5\"/>e diff\u00e9r<span class=\"_ _5\"/>ent a \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t \u00e9t\u00e9 pr<span class=\"_ _5\"/>is en comp<span class=\"_ _5\"/>te dans</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>nation d<span class=\"_ _5\"/>u co\u00fbt moye<span class=\"_ _5\"/>n pond<span class=\"_ _5\"/>\u00e9r\u00e9 du c<span class=\"_ _5\"/>apita<span class=\"_ _5\"/>l (WACC). En ra<span class=\"_ _5\"/>ison d'un<span class=\"_ _5\"/>e augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on du co\u00fbt d<span class=\"_ _5\"/>e la det<span class=\"_ _5\"/>te, le<span class=\"_ _5\"/>s taux d'ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on sont</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sup<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>urs \u00e0 ce<span class=\"_ _5\"/>ux appli<span class=\"_ _5\"/>qu\u00e9s lo<span class=\"_ _5\"/>rs de<span class=\"_ _5\"/>s tes<span class=\"_ _5\"/>ts de l'ann<span class=\"_ _5\"/>\u00e9e der<span class=\"_ _5\"/>ni\u00e8r<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux de cro<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ance \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e a \u00e9t\u00e9 fi<span class=\"_ _5\"/>x\u00e9 \u00e0 0% p<span class=\"_ _5\"/>our les a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s de courr<span class=\"_ _5\"/>ier, 1<span class=\"_ _1\"/>% p<span class=\"_ _5\"/>our la li<span class=\"_ _5\"/>vrai<span class=\"_ _5\"/>son du de<span class=\"_ _5\"/>rnie<span class=\"_ _5\"/>r kilom<span class=\"_ _5\"/>\u00e8tre (\u201c<span class=\"_ _5\"/>last m<span class=\"_ _5\"/>ile deli<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>y\u00bb)</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et 2% p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s de colis e<span class=\"_ _5\"/>t la logi<span class=\"_ _5\"/>stiq<span class=\"_ _5\"/>ue du comm<span class=\"_ _5\"/>erce \u00e9le<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>roniqu<span class=\"_ _5\"/>e. Les t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance o<span class=\"_ _5\"/>nt \u00e9t\u00e9 d\u00e9<span class=\"_ _5\"/>termi<span class=\"_ _5\"/>n\u00e9s sur b<span class=\"_ _5\"/>ase d'at<span class=\"_ _5\"/>tentes</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">inter<span class=\"_ _5\"/>nes (m\u00ea<span class=\"_ _5\"/>mes hy<span class=\"_ _5\"/>poth<span class=\"_ _5\"/>\u00e8se<span class=\"_ _5\"/>s que po<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>\u00e9vo<span class=\"_ _5\"/>lution d<span class=\"_ _5\"/>e l'EBITD<span class=\"_ _5\"/>A) et de s<span class=\"_ _5\"/>ource<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>terne<span class=\"_ _5\"/>s et so<span class=\"_ _5\"/>nt coh\u00e9<span class=\"_ _5\"/>rent<span class=\"_ _5\"/>s avec le<span class=\"_ _5\"/>s chiff<span class=\"_ _5\"/>res de cr<span class=\"_ _5\"/>ois<span class=\"_ _5\"/>sance r\u00e9<span class=\"_ _5\"/>el<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>tes po<span class=\"_ _5\"/>ur les se<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>urs p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tine<span class=\"_ _5\"/>nts da<span class=\"_ _5\"/>ns les<span class=\"_ _5\"/>quel<span class=\"_ _5\"/>s les UG<span class=\"_ _5\"/>T op\u00e8r<span class=\"_ _5\"/>ent et pr<span class=\"_ _5\"/>enne<span class=\"_ _5\"/>nt en cons<span class=\"_ _5\"/>id\u00e9r<span class=\"_ _5\"/>ation l'inf<span class=\"_ _5\"/>lat<span class=\"_ _5\"/>ion \u00e0 long t<span class=\"_ _5\"/>erme p<span class=\"_ _5\"/>our l'Euro<span class=\"_ _5\"/>pe et</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les \u00c9t<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>-Uni<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 102px; height: 455px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 982px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n et les t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance p<span class=\"_ _5\"/>our les U<span class=\"_ _5\"/>GT avec u<span class=\"_ _5\"/>n goodw<span class=\"_ _5\"/>ill signi<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>atif so<span class=\"_ _5\"/>nt pr\u00e9<span class=\"_ _5\"/>sent\u00e9<span class=\"_ _5\"/>s dans le t<span class=\"_ _5\"/>ableau s<span class=\"_ _5\"/>uivan<span class=\"_ _5\"/>t :  </div>\n<div class=\"t m0 x90 hc y925 ff7 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">TAU<span class=\"_ _5\"/>X D'A<span class=\"_ _5\"/>CT<span class=\"_ _5\"/>UA<span class=\"_ _5\"/>LI<span class=\"_ _5\"/>SAT<span class=\"_ _5\"/>IO<span class=\"_ _5\"/>N<span class=\"_ _225\"> </span><span class=\"ls0 ws0\">TAUX D<span class=\"_ _5\"/>E CRO<span class=\"_ _5\"/>ISS<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CE</span></div>\n<div class=\"t m0 x188 hc ybec ff7 fs7 fc0 sc0 lse ws10\" style=\"z-index: 15;\">2022<span class=\"_ _137\"> </span><span class=\"fc2 lsf ws11\">2021<span class=\"_ _cb\"> </span></span>2022<span class=\"_ _cb\"> </span><span class=\"fc2 lsf ws11\">2021</span></div>\n<div class=\"t m0 x7 hd ybed ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Be<span class=\"_ _5\"/>lgium L<span class=\"_ _5\"/>as<span class=\"_ _5\"/>t mile<span class=\"_ _e0\"> </span><span class=\"ls1d ws1f\">6,6%<span class=\"_ _d8\"> </span><span class=\"ls1a ws1c\">6,4%<span class=\"_ _bf\"> </span><span class=\"ls21 ws23\">1%<span class=\"_ _bf\"> </span>1%</span></span></span></div>\n<div class=\"t m0 x7 hd ybee ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Personalise<span class=\"_ _5\"/>d<span class=\"_ _d\"/> logistic<span class=\"_ _5\"/>s<span class=\"_ _226\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _bf\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _ca\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x7 hd ybef ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Europe<span class=\"_ _227\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _bf\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _ca\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x7 hd ybf0 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s<span class=\"_ _228\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _bf\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _ca\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x7 hd ybf1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cro<span class=\"_ _5\"/>ss \u2013 bo<span class=\"_ _5\"/>rde<span class=\"_ _5\"/>r<span class=\"_ _229\"> </span><span class=\"ls26 ws28\">8,3%<span class=\"_ _4d\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>1%<span class=\"_ _20e\"> </span><span class=\"ls21 ws23\">1%<span class=\"_ _20e\"> </span>1%</span></span></span></div>\n<div class=\"t m0 x7 hd ybf2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">E-Logistic<span class=\"_ _5\"/>s North  Ame<span class=\"_ _5\"/>rica<span class=\"_ _1de\"> </span><span class=\"ls17 ws19\">9,9%<span class=\"_ _d8\"> </span><span class=\"ls1a ws1c\">8<span class=\"_ _5\"/>,4%<span class=\"_ _ca\"> </span><span class=\"ls25 ws27\">2%<span class=\"_ _d1\"> </span>2%</span></span></span></div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>est<span class=\"_ _5\"/>s de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e valeur e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9<span class=\"_ _5\"/>s au nivea<span class=\"_ _5\"/>u des UG<span class=\"_ _5\"/>T n'<span class=\"_ _d\"/>ont pa<span class=\"_ _5\"/>s condui<span class=\"_ _5\"/>t \u00e0 une r\u00e9<span class=\"_ _5\"/>duct<span class=\"_ _5\"/>ion de v<span class=\"_ _5\"/>aleur de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tifs<span class=\"_ _5\"/>, \u00e9ta<span class=\"_ _5\"/>nt donn<span class=\"_ _5\"/>\u00e9 que les</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>urs re<span class=\"_ _5\"/>couv<span class=\"_ _5\"/>rable<span class=\"_ _5\"/>s des (<span class=\"_ _5\"/>group<span class=\"_ _5\"/>es d') UG<span class=\"_ _5\"/>T \u00e9ta<span class=\"_ _5\"/>ient se<span class=\"_ _5\"/>nsible<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>up\u00e9r<span class=\"_ _5\"/>ieure<span class=\"_ _5\"/>s \u00e0 leur<span class=\"_ _5\"/>s valeu<span class=\"_ _5\"/>rs comp<span class=\"_ _5\"/>table<span class=\"_ _5\"/>s. Plu<span class=\"_ _5\"/>s pr\u00e9ci<span class=\"_ _5\"/>s\u00e9m<span class=\"_ _5\"/>ent, la d<span class=\"_ _5\"/>iff\u00e9re<span class=\"_ _5\"/>nce ent<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la val<span class=\"_ _5\"/>eur comp<span class=\"_ _5\"/>table d<span class=\"_ _5\"/>es UGT e<span class=\"_ _5\"/>t leur va<span class=\"_ _5\"/>leur d'util<span class=\"_ _5\"/>it\u00e9 (hea<span class=\"_ _5\"/>droom) re<span class=\"_ _5\"/>pr\u00e9s<span class=\"_ _5\"/>ente dan<span class=\"_ _5\"/>s tous les c<span class=\"_ _5\"/>as au m<span class=\"_ _5\"/>oins plus d<span class=\"_ _5\"/>e 100<span class=\"_ _5\"/>% de leur v<span class=\"_ _5\"/>aleur com<span class=\"_ _5\"/>ptabl<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ain<span class=\"_ _5\"/>si, un cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nt rais<span class=\"_ _5\"/>onnab<span class=\"_ _5\"/>le dans une h<span class=\"_ _5\"/>ypot<span class=\"_ _5\"/>h\u00e8se c<span class=\"_ _5\"/>l\u00e9 sur laq<span class=\"_ _5\"/>uelle la v<span class=\"_ _5\"/>aleur re<span class=\"_ _5\"/>couv<span class=\"_ _5\"/>rable d<span class=\"_ _5\"/>es UGT e<span class=\"_ _5\"/>st ba<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>, n<span class=\"_ _d\"/>'ent<span class=\"_ _5\"/>ra\u00eene<span class=\"_ _5\"/>rait p<span class=\"_ _5\"/>as de pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>e de</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur pour l<span class=\"_ _5\"/>es UGT co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>n\u00e9es<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A cet \u00e9g<span class=\"_ _5\"/>ard, p<span class=\"_ _5\"/>our E-L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica et B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>um Las<span class=\"_ _5\"/>t Mile qui s<span class=\"_ _5\"/>ont 2 UGT a<span class=\"_ _5\"/>vec un goo<span class=\"_ _5\"/>dwill s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if et qui re<span class=\"_ _5\"/>pr\u00e9s<span class=\"_ _5\"/>enten<span class=\"_ _5\"/>t 92% du</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>tant tot<span class=\"_ _5\"/>al du goo<span class=\"_ _5\"/>dwill<span class=\"_ _5\"/>, l'<span class=\"_ _d\"/>anal<span class=\"_ _5\"/>yse de s<span class=\"_ _5\"/>ensi<span class=\"_ _5\"/>bilit\u00e9 la p<span class=\"_ _5\"/>lus d\u00e9f<span class=\"_ _5\"/>avora<span class=\"_ _5\"/>ble ci \u2013 de<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>us condu<span class=\"_ _5\"/>it encor<span class=\"_ _5\"/>e \u00e0 une marg<span class=\"_ _5\"/>e suff<span class=\"_ _5\"/>isan<span class=\"_ _5\"/>te. La s<span class=\"_ _5\"/>ensibi<span class=\"_ _5\"/>lit\u00e9 de la</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vale<span class=\"_ _5\"/>ur reco<span class=\"_ _5\"/>uvr<span class=\"_ _5\"/>able aux c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de l'hyp<span class=\"_ _5\"/>oth\u00e8<span class=\"_ _5\"/>se cl\u00e9, du t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sance \u00e0 l<span class=\"_ _5\"/>ong ter<span class=\"_ _5\"/>me et du t<span class=\"_ _5\"/>aux d'ac<span class=\"_ _5\"/>tualis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n est p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt\u00e9e da<span class=\"_ _5\"/>ns le</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tab<span class=\"_ _5\"/>leau sui<span class=\"_ _5\"/>vant :</div>\n<div class=\"t m0 x189 hc ybf3 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">E-LOGISTICS NORTH AMERICA<span class=\"_ _d3\"> </span><span class=\"ff5\">BELGIUM<span class=\"_ _d\"/> L<span class=\"_ _5\"/>AST MILE</span></div>\n<div class=\"t m0 x7 hd ybf4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>ilit\u00e9 au t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>e croi<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e  \u2013 1,0<span class=\"_ _5\"/>%<span class=\"_ _22a\"> </span><span class=\"ls1a ws1c\">-8<span class=\"_ _5\"/>,4%<span class=\"_ _10b\"> </span><span class=\"ls31 ws33\">-1<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd ybf5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>ilit\u00e9 au t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>e croi<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>nce \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e +<span class=\"_ _1\"/>1<span class=\"_ _5\"/>,0%<span class=\"_ _155\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>8%<span class=\"_ _1d6\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>9%</span></span></div>\n<div class=\"t m0 x7 hd ybf6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>ilit\u00e9 au t<span class=\"_ _5\"/>aux d'a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n  \u2013 0,5<span class=\"_ _5\"/>%<span class=\"_ _22b\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%<span class=\"_ _1f5\"> </span><span class=\"ls1b ws1d\">9,7<span class=\"_ _5\"/>%</span></span></div>\n<div class=\"t m0 x7 hd ybf7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Sensibilit\u00e9 au taux d'<span class=\"_ _d\"/>actualisation +<span class=\"_ _5\"/>0,5%<span class=\"_ _22c\"> </span><span class=\"ls25 ws27\">-6,<span class=\"_ _5\"/>2%<span class=\"_ _1e8\"> </span><span class=\"ls21 ws23\">-<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,<span class=\"_ _5\"/>1%</span></span></div>\n<div class=\"t m0 x7 hd ybf8 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>iliti<span class=\"_ _5\"/>\u00e9\u00e0 la mar<span class=\"_ _5\"/>ge sur EB<span class=\"_ _5\"/>ITDA  \u2013 1,<span class=\"_ _5\"/>0 %<span class=\"_ _22d\"> </span><span class=\"ls31 ws33\">-1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,1%<span class=\"_ _111\"> </span>-1<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x7 hd ybf9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Se<span class=\"_ _5\"/>nsib<span class=\"_ _5\"/>iliti<span class=\"_ _5\"/>\u00e9\u00e0 la mar<span class=\"_ _5\"/>ge sur EB<span class=\"_ _5\"/>ITDA +1,0 %<span class=\"_ _22e\"> </span><span class=\"ls21 ws23\">1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,1%<span class=\"_ _1fd\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>2%</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 556px; height: 526px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 556px; height: 526px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoodwillExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag464": {
   "value": "\n<div class=\"t m0 x5 h1a y53 ffc fs11 fc2 sc0 ls3d ws73\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>20 <span class=\"_ _4\"> </span>Par<span class=\"_ _2\"/>ticipatio<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, bpo<span class=\"_ _5\"/>st a pr<span class=\"_ _5\"/>is une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>icipat<span class=\"_ _5\"/>ion min<span class=\"_ _5\"/>orit<span class=\"_ _5\"/>aire (5% de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tions p<span class=\"_ _5\"/>our 0,1 mEU<span class=\"_ _5\"/>R) dans b2bo<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, une so<span class=\"_ _5\"/>ci\u00e9t\u00e9 b<span class=\"_ _5\"/>elge s<span class=\"_ _5\"/>p\u00e9cia<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>e dans la num<span class=\"_ _5\"/>\u00e9-</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ris<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des pr<span class=\"_ _5\"/>oces<span class=\"_ _5\"/>sus de d<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>es B2B. L<span class=\"_ _5\"/>a conven<span class=\"_ _5\"/>tion d'acha<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns et d'ac<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>aires p<span class=\"_ _5\"/>r\u00e9voit e<span class=\"_ _5\"/>n outr<span class=\"_ _5\"/>e pour bp<span class=\"_ _5\"/>ost l'opt<span class=\"_ _5\"/>ion d'ach<span class=\"_ _5\"/>eter le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">95% d'ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s res<span class=\"_ _5\"/>tante<span class=\"_ _5\"/>s par le bia<span class=\"_ _5\"/>is d'une opt<span class=\"_ _5\"/>ion d'achat o<span class=\"_ _5\"/>u de reve<span class=\"_ _5\"/>ndre le<span class=\"_ _5\"/>s 5% d'act<span class=\"_ _5\"/>ions par l<span class=\"_ _5\"/>e biais d'une o<span class=\"_ _5\"/>ption d<span class=\"_ _5\"/>e vente. En s'as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>iant \u00e0</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">b2bo<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t r\u00e9p<span class=\"_ _5\"/>ond \u00e0 la de<span class=\"_ _5\"/>mande c<span class=\"_ _5\"/>rois<span class=\"_ _5\"/>sante d<span class=\"_ _5\"/>u march\u00e9 e<span class=\"_ _5\"/>n mati\u00e8<span class=\"_ _5\"/>re d'\u00e9chang<span class=\"_ _5\"/>e de donn<span class=\"_ _5\"/>\u00e9es nu<span class=\"_ _5\"/>m\u00e9ri<span class=\"_ _5\"/>ques e<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>au<span class=\"_ _5\"/>tomatis<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des pr<span class=\"_ _5\"/>oces<span class=\"_ _5\"/>sus<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">b2bo<span class=\"_ _5\"/>ost a cr<span class=\"_ _5\"/>\u00e9\u00e9 une pl<span class=\"_ _5\"/>ate \u2013 for<span class=\"_ _5\"/>me qui off<span class=\"_ _5\"/>re une s<span class=\"_ _5\"/>olutio<span class=\"_ _5\"/>n compl\u00e8<span class=\"_ _5\"/>te pour la n<span class=\"_ _5\"/>um\u00e9r<span class=\"_ _5\"/>isat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s fac<span class=\"_ _5\"/>ture<span class=\"_ _5\"/>s et l'automat<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on des m<span class=\"_ _5\"/>es<span class=\"_ _5\"/>sages d<span class=\"_ _5\"/>e la</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cha\u00ee<span class=\"_ _5\"/>ne logis<span class=\"_ _5\"/>tiqu<span class=\"_ _5\"/>e (et autr<span class=\"_ _5\"/>es proto<span class=\"_ _5\"/>coles), confo<span class=\"_ _5\"/>rm\u00e9m<span class=\"_ _5\"/>ent \u00e0 la l\u00e9<span class=\"_ _5\"/>gislat<span class=\"_ _5\"/>ion.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st a ch<span class=\"_ _5\"/>oisi de cl<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>er<span class=\"_ _d\"/>, lor<span class=\"_ _5\"/>s de la com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lisat<span class=\"_ _5\"/>ion init<span class=\"_ _5\"/>iale, ces a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions dan<span class=\"_ _5\"/>s les ca<span class=\"_ _5\"/>pitau<span class=\"_ _5\"/>x prop<span class=\"_ _5\"/>res \u00e0 la ju<span class=\"_ _5\"/>ste val<span class=\"_ _5\"/>eur par le b<span class=\"_ _5\"/>iais de<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal<span class=\"_ _5\"/>, car elle<span class=\"_ _5\"/>s ne so<span class=\"_ _5\"/>nt pas d\u00e9<span class=\"_ _5\"/>tenue<span class=\"_ _5\"/>s \u00e0 des f<span class=\"_ _5\"/>ins de t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tion ma<span class=\"_ _5\"/>is acquis<span class=\"_ _5\"/>es dan<span class=\"_ _5\"/>s une pe<span class=\"_ _5\"/>rsp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tive s<span class=\"_ _5\"/>trat\u00e9<span class=\"_ _5\"/>gique \u00e0</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">long<span class=\"_ _d\"/> terme.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 312px; height: 185px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag462": {
   "value": "\n<div class=\"t m0 x5 h1a y60 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.21 <span class=\"_ _4\"> </span>Par<span class=\"_ _5\"/>ti<span class=\"_ _d\"/>cipa<span class=\"_ _d\"/>tions d<span class=\"_ _d\"/>ans des en<span class=\"_ _d\"/>treprises associ\u00e9es et c<span class=\"_ _1\"/>o<span class=\"_ _5\"/>-<span class=\"_ _5\"/>ent<span class=\"_ _d\"/>reprises</div>\n<div class=\"t m0 x7 hc ybfa ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _1da\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hf ybfb ff5 fsa fc3 sc0 ls73 ws87\" style=\"z-index: 15;\">BALANCE<span class=\"_ _d\"/> <span class=\"ff7 ls0 ws0\">AU 1</span></div>\n<div class=\"t m0 x14 h22 ybfc ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x63 hf ybfb ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER</div>\n<div class=\"t m0 x56 h1b ybfd ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,0<span class=\"_ _18a\"> </span>0,1</div>\n<div class=\"t m0 x7 hd ybfe ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Qu<span class=\"_ _5\"/>ote \u2013 par<span class=\"_ _5\"/>t de<span class=\"_ _5\"/>s r\u00e9s<span class=\"_ _5\"/>ultat<span class=\"_ _5\"/>s<span class=\"_ _12a\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _23\"> </span></span>(0,0)</div>\n<div class=\"t m0 x7 hf ybff ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">BALANCE AU 31 DECEMBRE</div>\n<div class=\"t m0 x56 h1b yc00 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">0,1<span class=\"_ _18a\"> </span>0,0</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ticipa<span class=\"_ _5\"/>tion dan<span class=\"_ _5\"/>s les en<span class=\"_ _5\"/>trepr<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>es et l<span class=\"_ _5\"/>es coen<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise<span class=\"_ _5\"/>s conce<span class=\"_ _5\"/>rne la co<span class=\"_ _5\"/>entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e Jof<span class=\"_ _5\"/>ico C<span class=\"_ _5\"/>V<span class=\"_ _1\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 117px; height: 155px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">c) <span class=\"_ _23f\"> </span>Relat<span class=\"_ _5\"/>ions avec des en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise<span class=\"_ _5\"/>s <span class=\"_ _d\"/>as<span class=\"_ _5\"/>soci\u00e9<span class=\"_ _5\"/>es et des co<span class=\"_ _5\"/>-e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>rise<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h7 y81 ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">bpost banque</div>\n<div class=\"t m0 x5 h7 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que \u00e9t<span class=\"_ _5\"/>ait as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9e de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t \u00e0 50%<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>\u2019autr<span class=\"_ _5\"/>e act<span class=\"_ _5\"/>ionnai<span class=\"_ _5\"/>re de bp<span class=\"_ _5\"/>ost ban<span class=\"_ _5\"/>que es<span class=\"_ _5\"/>t BNP P<span class=\"_ _5\"/>ariba<span class=\"_ _5\"/>s For<span class=\"_ _5\"/>tis S<span class=\"_ _5\"/>A (\u201c<span class=\"ff5 ls4a ws54\">BNPPF<span class=\"_ _5\"/></span>\u201d), qui d\u00e9te<span class=\"_ _5\"/>nait le<span class=\"_ _5\"/>s 50%</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">res<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>. En 2020, l\u2019inv<span class=\"_ _5\"/>est<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t dans bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque a \u00e9t<span class=\"_ _5\"/>\u00e9 clas<span class=\"_ _5\"/>s\u00e9 en ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9te<span class=\"_ _5\"/>nus en v<span class=\"_ _5\"/>ue de la ven<span class=\"_ _5\"/>te, compte te<span class=\"_ _5\"/>nu de l\u2019accord n<span class=\"_ _5\"/>on contr<span class=\"_ _5\"/>ai-</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gnan<span class=\"_ _5\"/>t sur le fut<span class=\"_ _5\"/>ur par<span class=\"_ _5\"/>tena<span class=\"_ _5\"/>riat \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e de bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que SA<span class=\"_ _5\"/>, in<span class=\"_ _5\"/>cluant la ve<span class=\"_ _5\"/>nte des p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ticipa<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t \u00e0 BNPPF<span class=\"_ _d\"/>. L<span class=\"_ _3b\"/>\u2019accor<span class=\"_ _5\"/>d a \u00e9t\u00e9 f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>1 et le 3 janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2, la tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion a \u00e9t\u00e9 con<span class=\"_ _5\"/>clue ap<span class=\"_ _5\"/>r\u00e8s avoi<span class=\"_ _5\"/>r obtenu l<span class=\"_ _5\"/>es app<span class=\"_ _5\"/>robati<span class=\"_ _5\"/>ons r\u00e9g<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>ntaire<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En tan<span class=\"_ _5\"/>t qu'inter<span class=\"_ _5\"/>m\u00e9diai<span class=\"_ _5\"/>re enre<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>r\u00e9 de ban<span class=\"_ _5\"/>cas<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce, bp<span class=\"_ _5\"/>ost di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibue de<span class=\"_ _5\"/>s pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de banq<span class=\"_ _5\"/>ue et d'as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce pour le co<span class=\"_ _5\"/>mpte de bp<span class=\"_ _5\"/>ost</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ban<span class=\"_ _5\"/>que. bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, en sa qu<span class=\"_ _5\"/>alit\u00e9 de pr<span class=\"_ _5\"/>est<span class=\"_ _5\"/>atai<span class=\"_ _5\"/>re de se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices<span class=\"_ _5\"/>, four<span class=\"_ _5\"/>niss<span class=\"_ _5\"/>ait en o<span class=\"_ _5\"/>utre de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivi<span class=\"_ _5\"/>t\u00e9s de ba<span class=\"_ _5\"/>ck \u2013 off<span class=\"_ _5\"/>ice et d'aut<span class=\"_ _5\"/>res se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices a<span class=\"_ _5\"/>uxilia<span class=\"_ _5\"/>ires \u00e0</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que.</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipaux p<span class=\"_ _5\"/>roduit<span class=\"_ _5\"/>s de ba<span class=\"_ _5\"/>ncas<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ance dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibu\u00e9s p<span class=\"_ _5\"/>ar bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que par le b<span class=\"_ _5\"/>iais de bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>ont les co<span class=\"_ _5\"/>mptes \u00e0 v<span class=\"_ _5\"/>ue, le<span class=\"_ _5\"/>s compte<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>\u00e9pa<span class=\"_ _5\"/>rgne<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les co<span class=\"_ _5\"/>mptes \u00e0 te<span class=\"_ _5\"/>rme, d<span class=\"_ _5\"/>es cer<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e d\u00e9p\u00f4<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t de fond<span class=\"_ _5\"/>s ou des p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>\u00e9s fou<span class=\"_ _5\"/>rnis pa<span class=\"_ _5\"/>r BNPPF<span class=\"_ _1\"/>, re<span class=\"_ _5\"/>spe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>iveme<span class=\"_ _5\"/>nt les as<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ances a<span class=\"_ _5\"/>cci-</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">den<span class=\"_ _5\"/>t et/ou mal<span class=\"_ _5\"/>adie et l<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s li\u00e9s a<span class=\"_ _5\"/>ux rente<span class=\"_ _5\"/>s et pe<span class=\"_ _5\"/>nsion<span class=\"_ _5\"/>s, en ce co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s les as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nces \u2013 vi<span class=\"_ _5\"/>e \u201cbran<span class=\"_ _5\"/>che 21\u201d et \u201cbr<span class=\"_ _5\"/>anche 2<span class=\"_ _5\"/>3\u201d pr<span class=\"_ _5\"/>opos<span class=\"_ _5\"/>\u00e9es pa<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">AG Insurance.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que n'exerce a<span class=\"_ _5\"/>ucune a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9 de ge<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ion d'act<span class=\"_ _5\"/>ifs<span class=\"_ _5\"/>, de ban<span class=\"_ _5\"/>que pr<span class=\"_ _5\"/>iv\u00e9e ou d<span class=\"_ _5\"/>e pr\u00eat<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>ux.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 31 mar<span class=\"_ _5\"/>s 2021, B<span class=\"_ _5\"/>NPPF et bp<span class=\"_ _5\"/>ost o<span class=\"_ _5\"/>nt annon<span class=\"_ _5\"/>c\u00e9 un nou<span class=\"_ _5\"/>veau mo<span class=\"_ _5\"/>d\u00e8le de co<span class=\"_ _5\"/>llabor<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, sel<span class=\"_ _5\"/>on lequ<span class=\"_ _5\"/>el bpo<span class=\"_ _5\"/>st cont<span class=\"_ _5\"/>inuer<span class=\"_ _5\"/>a \u00e0 dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uer au mo<span class=\"_ _5\"/>ins</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jus<span class=\"_ _5\"/>qu\u2019<span class=\"_ _d\"/>au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2028 \u2013 en t<span class=\"_ _5\"/>ant qu'inte<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>diaire en<span class=\"_ _5\"/>regis<span class=\"_ _5\"/>tr\u00e9 d<span class=\"_ _5\"/>e banc<span class=\"_ _5\"/>assu<span class=\"_ _5\"/>rance \u2013 d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de ban<span class=\"_ _5\"/>cas<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce pour le co<span class=\"_ _5\"/>mpte de b<span class=\"_ _5\"/>post</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ban<span class=\"_ _5\"/>que \u00e0 tr<span class=\"_ _5\"/>avers s<span class=\"_ _5\"/>on r\u00e9s<span class=\"_ _5\"/>eau de b<span class=\"_ _5\"/>ureaux d<span class=\"_ _5\"/>e pos<span class=\"_ _5\"/>te.</div>\n<div class=\"t m0 x5 h7 y91 ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">Accord<span class=\"_ _d\"/> de partenariat pour la<span class=\"_ _d\"/> bancassurance</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n entre b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t et BNPP<span class=\"_ _5\"/>F concer<span class=\"_ _5\"/>nant bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque \u00e9<span class=\"_ _5\"/>tait d\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>ie dans un ac<span class=\"_ _5\"/>cord de par<span class=\"_ _5\"/>te<span class=\"_ _5\"/>naria<span class=\"_ _5\"/>t banca<span class=\"_ _5\"/>ire, qui a e<span class=\"_ _5\"/>xpir\u00e9 l<span class=\"_ _5\"/>e 3 janvier</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2 et a \u00e9t\u00e9 re<span class=\"_ _5\"/>mpla<span class=\"_ _5\"/>c\u00e9 par un ca<span class=\"_ _5\"/>dre de dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibutio<span class=\"_ _5\"/>n, de gou<span class=\"_ _5\"/>vern<span class=\"_ _5\"/>ance et d'aut<span class=\"_ _5\"/>res ac<span class=\"_ _5\"/>cords ann<span class=\"_ _5\"/>exes s<span class=\"_ _5\"/>ign\u00e9<span class=\"_ _5\"/>s par bpo<span class=\"_ _5\"/>st, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e et BNPP<span class=\"_ _5\"/>F le</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">3 janvi<span class=\"_ _5\"/>er 202<span class=\"_ _5\"/>2.</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019accord d<span class=\"_ _5\"/>e dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion ave<span class=\"_ _5\"/>c bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que pr\u00e9<span class=\"_ _5\"/>voit en su<span class=\"_ _5\"/>bst<span class=\"_ _5\"/>ance que b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est<span class=\"_ _5\"/>, sou<span class=\"_ _5\"/>s r\u00e9se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ve de cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>aines e<span class=\"_ _5\"/>xcept<span class=\"_ _5\"/>ions pr<span class=\"_ _5\"/>\u00e9vue<span class=\"_ _5\"/>s dans l\u2019accord<span class=\"_ _5\"/>, le</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uteur e<span class=\"_ _5\"/>xclusi<span class=\"_ _5\"/>f des pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s et s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que via s<span class=\"_ _5\"/>on r\u00e9s<span class=\"_ _5\"/>eau de b<span class=\"_ _5\"/>ureaux d<span class=\"_ _5\"/>e pos<span class=\"_ _5\"/>te.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts d'as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce d'<span class=\"_ _d\"/>AG Ins<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ce sont pr<span class=\"_ _5\"/>opos<span class=\"_ _5\"/>\u00e9s et co<span class=\"_ _5\"/>mmerc<span class=\"_ _5\"/>ialis\u00e9<span class=\"_ _5\"/>s via bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque e<span class=\"_ _5\"/>n recour<span class=\"_ _5\"/>ant au r\u00e9<span class=\"_ _5\"/>seau d<span class=\"_ _5\"/>e dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t.</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n entre A<span class=\"_ _5\"/>G Insur<span class=\"_ _5\"/>ance, bp<span class=\"_ _5\"/>ost b<span class=\"_ _5\"/>anque e<span class=\"_ _5\"/>t bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t d\u00e9f<span class=\"_ _5\"/>inie dan<span class=\"_ _5\"/>s un accord d<span class=\"_ _5\"/>e par<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat d'ass<span class=\"_ _5\"/>urance q<span class=\"_ _5\"/>ui a exp<span class=\"_ _5\"/>ir\u00e9 le 31 d\u00e9ce<span class=\"_ _5\"/>mbre</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">2021<span class=\"_ _5\"/>. Suite au la<span class=\"_ _5\"/>nceme<span class=\"_ _5\"/>nt d'une de<span class=\"_ _5\"/>mande d<span class=\"_ _5\"/>e propo<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>ns en f\u00e9<span class=\"_ _5\"/>vrie<span class=\"_ _5\"/>r 2020, bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque a s<span class=\"_ _5\"/>\u00e9lec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nn\u00e9 AG Ins<span class=\"_ _5\"/>urance p<span class=\"_ _5\"/>our eng<span class=\"_ _5\"/>ager de<span class=\"_ _5\"/>s n\u00e9go<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ciat<span class=\"_ _5\"/>ions cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lles<span class=\"_ _5\"/>, qui ont ab<span class=\"_ _5\"/>outi \u00e0 la s<span class=\"_ _5\"/>ignatur<span class=\"_ _5\"/>e d'un nouve<span class=\"_ _5\"/>l accord d<span class=\"_ _5\"/>e par<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat d'ass<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ce le 16 d\u00e9cem<span class=\"_ _5\"/>bre 2021, e<span class=\"_ _5\"/>ntr\u00e9 e<span class=\"_ _5\"/>n vigue<span class=\"_ _5\"/>ur le</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1er janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2. Le co<span class=\"_ _5\"/>ntrat d<span class=\"_ _5\"/>e dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion pr<span class=\"_ _5\"/>\u00e9voit un d<span class=\"_ _5\"/>roit d'acc\u00e8s<span class=\"_ _5\"/>, des co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sions s<span class=\"_ _5\"/>ur tous le<span class=\"_ _5\"/>s produ<span class=\"_ _5\"/>its d'as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce vend<span class=\"_ _5\"/>us par bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sions a<span class=\"_ _5\"/>dditi<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lles si cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ains ob<span class=\"_ _5\"/>jec<span class=\"_ _5\"/>tifs d<span class=\"_ _5\"/>e vente s<span class=\"_ _5\"/>ont at<span class=\"_ _5\"/>teint<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que a ver<span class=\"_ _5\"/>s\u00e9 \u00e0 bp<span class=\"_ _5\"/>ost u<span class=\"_ _5\"/>ne commis<span class=\"_ _5\"/>sion f<span class=\"_ _5\"/>ix\u00e9<span class=\"_ _5\"/>e selo<span class=\"_ _5\"/>n les con<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>ns du marc<span class=\"_ _5\"/>h\u00e9 pour l<span class=\"_ _5\"/>a dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion de p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts de b<span class=\"_ _5\"/>anca<span class=\"_ _5\"/>ssur<span class=\"_ _5\"/>ance e<span class=\"_ _5\"/>t la</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9al<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on de cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>aines a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s de back \u2013 o<span class=\"_ _5\"/>ffice<span class=\"_ _5\"/>. Le mont<span class=\"_ _5\"/>ant de la co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sion po<span class=\"_ _5\"/>ur la dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de banc<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ce d\u00e9pe<span class=\"_ _5\"/>n-</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dait<span class=\"_ _5\"/>, entr<span class=\"_ _5\"/>e autre<span class=\"_ _5\"/>s, de l<span class=\"_ _5\"/>a marge d'int\u00e9<span class=\"_ _5\"/>r\u00eat r\u00e9<span class=\"_ _5\"/>alis\u00e9<span class=\"_ _5\"/>e par bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque, d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s sous ge<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ion et de<span class=\"_ _5\"/>s vente<span class=\"_ _5\"/>s de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncie<span class=\"_ _5\"/>rs/d'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ance</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9al<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s par le r\u00e9<span class=\"_ _5\"/>seau R<span class=\"_ _5\"/>etail d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t. Le r<span class=\"_ _5\"/>evenu to<span class=\"_ _5\"/>tal li\u00e9 a<span class=\"_ _5\"/>ux pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s banc<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>t fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s s\u2019est \u00e9l<span class=\"_ _5\"/>ev\u00e9 \u00e0 143,<span class=\"_ _5\"/>3 mEUR en 20<span class=\"_ _5\"/>22 (2021 : 149,7</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mEUR), don<span class=\"_ _5\"/>t un mont<span class=\"_ _5\"/>ant impo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tant e<span class=\"_ _5\"/>st li\u00e9 \u00e0 l<span class=\"_ _5\"/>a commis<span class=\"_ _5\"/>sion ve<span class=\"_ _5\"/>rs\u00e9<span class=\"_ _5\"/>e par bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque. L<span class=\"_ _5\"/>e mont<span class=\"_ _5\"/>ant d\u00fb par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banque \u00e0 b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t au 31 d\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2 s'<span class=\"_ _d\"/>\u00e9le<span class=\"_ _5\"/>vait \u00e0 5,<span class=\"_ _5\"/>3 mEUR (202<span class=\"_ _5\"/>1 : 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>5 mEUR).</div>\n<div class=\"t m0 x5 h7 y5b ff5 fs3 fc2 sc0 ls40 ws62\" style=\"z-index: 15;\">Fonds de roulement</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que ava<span class=\"_ _5\"/>it mis un fon<span class=\"_ _5\"/>ds de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt de 12,<span class=\"_ _5\"/>0 mEUR \u00e0 la dis<span class=\"_ _5\"/>posit<span class=\"_ _5\"/>ion de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t, san<span class=\"_ _5\"/>s gara<span class=\"_ _5\"/>ntie ni p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nt d\u2019int\u00e9<span class=\"_ _5\"/>r\u00eat par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t. Ce fo<span class=\"_ _5\"/>nds</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt est r<span class=\"_ _5\"/>es<span class=\"_ _5\"/>t\u00e9 \u00e0 la disp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>n de bpo<span class=\"_ _5\"/>st tou<span class=\"_ _5\"/>t au long de l<span class=\"_ _5\"/>a dur\u00e9e d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>accor<span class=\"_ _5\"/>d de par<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>ariat ba<span class=\"_ _5\"/>ncair<span class=\"_ _5\"/>e, jusq<span class=\"_ _5\"/>u\u2019<span class=\"_ _d\"/>au 3 janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2.</div>\n<div class=\"t m0 x5 h7 y5f ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">Emprunt subordonn\u00e9</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 11 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2019, bpos<span class=\"_ _5\"/>t a accord<span class=\"_ _5\"/>\u00e9 \u00e0 bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que un emp<span class=\"_ _5\"/>runt su<span class=\"_ _5\"/>bord<span class=\"_ _5\"/>onn\u00e9 s\u2019\u00e9lev<span class=\"_ _5\"/>ant \u00e0 25<span class=\"_ _5\"/>,0 mEUR<span class=\"_ _5\"/>, dont la ma<span class=\"_ _5\"/>turit\u00e9 e<span class=\"_ _5\"/>st de 10 a<span class=\"_ _5\"/>ns et ave<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une p<span class=\"_ _5\"/>remi\u00e8<span class=\"_ _5\"/>re date d\u2019exerc<span class=\"_ _5\"/>ice de l\u2019optio<span class=\"_ _5\"/>n de rac<span class=\"_ _5\"/>hat apr\u00e8<span class=\"_ _5\"/>s 5 ans<span class=\"_ _5\"/>. Cet emp<span class=\"_ _5\"/>runt a \u00e9<span class=\"_ _5\"/>t\u00e9 remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>\u00e9 \u00e0 bpos<span class=\"_ _5\"/>t le 3 janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2, par<span class=\"_ _5\"/>all\u00e8le<span class=\"_ _5\"/>ment \u00e0 la</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n par laqu<span class=\"_ _5\"/>elle BN<span class=\"_ _5\"/>PPF a acquis l<span class=\"_ _5\"/>es 50<span class=\"_ _5\"/>% de par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cipati<span class=\"_ _5\"/>ons de bp<span class=\"_ _5\"/>ost da<span class=\"_ _5\"/>ns bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que.</div>\n<div class=\"t m0 x5 h7 y65 ff7 fs3 fc2 sc0 lsc wsd\" style=\"z-index: 15;\">Jofi<span class=\"_ _5\"/>co</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 4 nov<span class=\"_ _5\"/>embre 2019, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t SA<span class=\"_ _5\"/>, A<span class=\"_ _5\"/>X<span class=\"_ _5\"/>A Ban<span class=\"_ _5\"/>k Belg<span class=\"_ _5\"/>ium SA<span class=\"_ _5\"/>, Cre<span class=\"_ _5\"/>lan S<span class=\"_ _5\"/>A, A<span class=\"_ _5\"/>rgent<span class=\"_ _5\"/>a Ban<span class=\"_ _5\"/>que d\u2019\u00e9parg<span class=\"_ _5\"/>ne SA e<span class=\"_ _5\"/>t vdk bank S<span class=\"_ _5\"/>A ont int\u00e9<span class=\"_ _5\"/>gr\u00e9 la co \u2013 en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u201c<span class=\"_ _3b\"/>Jo<span class=\"_ _5\"/>fico C<span class=\"_ _5\"/>V<span class=\"_ _5\"/>\u201d<span class=\"_ _1\"/>. Ce<span class=\"_ _5\"/>tte co \u2013 e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>e, au sei<span class=\"_ _5\"/>n de laqu<span class=\"_ _5\"/>elle cha<span class=\"_ _5\"/>que ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>naire d\u00e9<span class=\"_ _5\"/>tient u<span class=\"_ _5\"/>ne par<span class=\"_ _5\"/>t \u00e9g<span class=\"_ _5\"/>ale, vis<span class=\"_ _5\"/>e \u00e0 met<span class=\"_ _5\"/>tre e<span class=\"_ _5\"/>n \u0153uv<span class=\"_ _5\"/>re un mod<span class=\"_ _5\"/>\u00e8le de dis<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>ibuteu<span class=\"_ _5\"/>r automat<span class=\"_ _5\"/>ique de b<span class=\"_ _5\"/>illet<span class=\"_ _5\"/>s en ta<span class=\"_ _5\"/>nt que se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice, e<span class=\"_ _5\"/>n ver<span class=\"_ _5\"/>tu duq<span class=\"_ _5\"/>uel les e<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>icipante<span class=\"_ _5\"/>s combi<span class=\"_ _5\"/>neron<span class=\"_ _5\"/>t leurs f<span class=\"_ _5\"/>orces p<span class=\"_ _5\"/>our l'achat e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'entre<span class=\"_ _5\"/>tien d<span class=\"_ _5\"/>e leur r\u00e9<span class=\"_ _5\"/>seau re<span class=\"_ _5\"/>spe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if de dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uteur<span class=\"_ _5\"/>s autom<span class=\"_ _5\"/>atique<span class=\"_ _5\"/>s de bille<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e banqu<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 980px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag469": {
   "value": "\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.2<span class=\"_ _5\"/>2 <span class=\"_ _38\"/>Cr\u00e9anc<span class=\"_ _1\"/>es commerc<span class=\"_ _d\"/>ial<span class=\"_ _d\"/>es et autres c<span class=\"_ _d\"/>r\u00e9anc<span class=\"_ _d\"/>es</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s  \u2013  act<span class=\"_ _5\"/>ifs r<span class=\"_ _5\"/>econ<span class=\"_ _5\"/>nus po<span class=\"_ _5\"/>ur obte<span class=\"_ _5\"/>nir ou e<span class=\"_ _5\"/>x\u00e9c<span class=\"_ _5\"/>uter un co<span class=\"_ _5\"/>ntr<span class=\"_ _5\"/>at<span class=\"_ _22f\"> </span><span class=\"ls2e ws30\">8,9<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">4<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cr\u00e9<span class=\"_ _5\"/>ance p<span class=\"_ _5\"/>our la ve<span class=\"_ _5\"/>nte de f<span class=\"_ _5\"/>ilial<span class=\"_ _5\"/>es de Ub<span class=\"_ _5\"/>iway Re<span class=\"_ _5\"/>tail<span class=\"_ _51\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd yc01 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cr\u00e9<span class=\"_ _5\"/>ance p<span class=\"_ _5\"/>our la ve<span class=\"_ _5\"/>nte de f<span class=\"_ _5\"/>ilial<span class=\"_ _5\"/>es de Th<span class=\"_ _5\"/>e Mail G<span class=\"_ _5\"/>roup<span class=\"_ _1dd\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _13e\"> </span><span class=\"ls42 ws4c\">2,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd yc02 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Gar<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>ies \u00e0 lo<span class=\"_ _5\"/>ng \u2013 ter<span class=\"_ _5\"/>me<span class=\"_ _230\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3<span class=\"_ _1d1\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>7</span></span></div>\n<div class=\"t m0 x7 hd yc03 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>us \u2013 loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns<span class=\"_ _1e1\"> </span><span class=\"ls28 ws2a\">5<span class=\"_ _5\"/>,6<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">4,8</span></span></div>\n<div class=\"t m0 x7 hd y751 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres cr\u00e9ances<span class=\"_ _231\"> </span><span class=\"ls1d ws1f\">6,2<span class=\"_ _1e0\"> </span><span class=\"ls14 ws16\">4,4</span></span></div>\n<div class=\"t m0 x7 hf yc04 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES CR\u00c9ANCES NON COURANTES</div>\n<div class=\"t m0 x170 h1b yc05 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">33,0<span class=\"_ _1f5\"> </span>2<span class=\"_ _5\"/>3,9</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 5 ao<span class=\"_ _5\"/>\u00fbt 2021, b<span class=\"_ _5\"/>post US H<span class=\"_ _5\"/>olding<span class=\"_ _5\"/>s a sign\u00e9 u<span class=\"_ _5\"/>n accord ave<span class=\"_ _5\"/>c Arch<span class=\"_ _5\"/>itec<span class=\"_ _5\"/>t Equit<span class=\"_ _5\"/>y po<span class=\"_ _5\"/>ur la vente de T<span class=\"_ _5\"/>he Mail G<span class=\"_ _5\"/>roup (IME<span class=\"_ _5\"/>X Glob<span class=\"_ _5\"/>al Sol<span class=\"_ _5\"/>ution<span class=\"_ _5\"/>s LLC, M.<span class=\"_ _5\"/>A<span class=\"_ _5\"/>.I<span class=\"_ _5\"/>.L<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Inc e<span class=\"_ _5\"/>t Mail Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices I<span class=\"_ _5\"/>nc.). Dans l<span class=\"_ _5\"/>e cadre d<span class=\"_ _5\"/>e la tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n, bp<span class=\"_ _5\"/>ost US Ho<span class=\"_ _5\"/>ldings a \u00e9<span class=\"_ _5\"/>mis une n<span class=\"_ _5\"/>ote de vente s<span class=\"_ _5\"/>ubord<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>e (\u201csubo<span class=\"_ _5\"/>rdinate<span class=\"_ _5\"/>d selle<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">note\u201d<span class=\"_ _5\"/>) \u00e0 Mail Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices I<span class=\"_ _5\"/>nc, p<span class=\"_ _5\"/>our un mon<span class=\"_ _5\"/>tant de 2<span class=\"_ _5\"/>,5 mUS<span class=\"_ _5\"/>D. Une par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>u mont<span class=\"_ _5\"/>ant d\u00fb n'ayant pas \u00e9<span class=\"_ _5\"/>t\u00e9 remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>\u00e9e en 20<span class=\"_ _5\"/>22, la n<span class=\"_ _5\"/>ote de ven<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tota<span class=\"_ _5\"/>le de 2,<span class=\"_ _5\"/>5 mUSD a \u00e9t\u00e9 e<span class=\"_ _5\"/>nti\u00e8<span class=\"_ _5\"/>remen<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e en r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve<span class=\"_ _5\"/>s et aju<span class=\"_ _5\"/>st\u00e9e<span class=\"_ _5\"/>.</div>\n\n<div class=\"t m0 x7 hb ya ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y727 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc06 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales<span class=\"_ _126\"> </span><span class=\"ls1d ws1f\">656,9<span class=\"_ _130\"> </span><span class=\"ls90 wsa4\">614<span class=\"_ _5\"/>,4</span></span></div>\n<div class=\"t m0 x7 hd yc07 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Frais terminaux<span class=\"_ _232\"> </span><span class=\"ls90 wsa4\">214,<span class=\"_ _5\"/>0<span class=\"_ _233\"> </span><span class=\"ls2c ws2e\">215,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hd yc08 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts \u00e0 r<span class=\"_ _5\"/>\u00e9cup<span class=\"_ _5\"/>\u00e9re<span class=\"_ _5\"/>r<span class=\"_ _d\"/>, aut<span class=\"_ _5\"/>res q<span class=\"_ _5\"/>ue l'imp<span class=\"_ _5\"/>\u00f4t sur le r<span class=\"_ _5\"/>\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _234\"> </span><span class=\"ls28 ws2a\">6,6<span class=\"_ _1e0\"> </span><span class=\"ls14 ws16\">4,6</span></span></div>\n<div class=\"t m0 x7 hd yc09 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pr\u00ea<span class=\"_ _5\"/>ts \u00e0 d<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9s<span class=\"_ _235\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1de\"> </span><span class=\"ls7 ws8\">25,0</span></span></div>\n<div class=\"t m0 x7 hd yc0a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s  \u2013  act<span class=\"_ _5\"/>ifs r<span class=\"_ _5\"/>econ<span class=\"_ _5\"/>nus po<span class=\"_ _5\"/>ur obte<span class=\"_ _5\"/>nir ou e<span class=\"_ _5\"/>x\u00e9c<span class=\"_ _5\"/>uter un co<span class=\"_ _5\"/>ntr<span class=\"_ _5\"/>at<span class=\"_ _22f\"> </span><span class=\"ls26 ws28\">3,5<span class=\"_ _13e\"> </span>3,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yc0b ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres cr\u00e9ances<span class=\"_ _236\"> </span><span class=\"ls18 ws1a\">60,<span class=\"_ _5\"/>3<span class=\"_ _1de\"> </span><span class=\"ls17 ws19\">49,3</span></span></div>\n<div class=\"t m0 x7 hf yc0c ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES CR\u00c9ANCES COURANTES</div>\n<div class=\"t m0 x98 h1b yc0d ff7 fs8 fc3 sc0 ls4a ws54\" style=\"z-index: 15;\">941<span class=\"_ _5\"/>,3<span class=\"_ _1c9\"> </span><span class=\"ls86 ws50\">91<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>4</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 553px; height: 184px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x7 hb y51 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yc0e ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc0f ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Produit<span class=\"_ _5\"/>s acquis<span class=\"_ _237\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>2<span class=\"_ _1d1\"> </span><span class=\"ls2e ws30\">8,3</span></span></div>\n<div class=\"t m0 x7 hd yc10 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cha<span class=\"_ _5\"/>rges \u00e0 r<span class=\"_ _5\"/>epo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>er<span class=\"_ _235\"> </span><span class=\"lsbc ws51\">41,<span class=\"_ _5\"/>3<span class=\"_ _1de\"> </span><span class=\"ls1d ws1f\">36,8</span></span></div>\n<div class=\"t m0 x7 hd yc11 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres cr\u00e9ances<span class=\"_ _236\"> </span><span class=\"ls43 ws4d\">11<span class=\"_ _5\"/>,8<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hf yc12 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AUTRES CR\u00c9ANCES C<span class=\"_ _d\"/>OURANTES</div>\n<div class=\"t m0 x170 h1b yc13 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">60,<span class=\"_ _5\"/>3<span class=\"_ _1f5\"> </span><span class=\"lsbb wsd8\">4<span class=\"_ _5\"/>9,3</span></div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s et aut<span class=\"_ _5\"/>res cr\u00e9<span class=\"_ _5\"/>ances co<span class=\"_ _5\"/>urante<span class=\"_ _5\"/>s ont aug<span class=\"_ _5\"/>ment\u00e9 d<span class=\"_ _5\"/>e 28,<span class=\"_ _5\"/>9 mEUR po<span class=\"_ _5\"/>ur atte<span class=\"_ _5\"/>indre 9<span class=\"_ _5\"/>41,3 mEU<span class=\"_ _5\"/>R (2021 : 912,4 mEUR<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, pr<span class=\"_ _5\"/>in-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t en rais<span class=\"_ _5\"/>on de l'augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s cr\u00e9an<span class=\"_ _5\"/>ces comm<span class=\"_ _5\"/>ercial<span class=\"_ _5\"/>es de 42,<span class=\"_ _5\"/>5 mEUR e<span class=\"_ _5\"/>t par<span class=\"_ _5\"/>tiel<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t compe<span class=\"_ _5\"/>ns\u00e9e<span class=\"_ _5\"/>s par le re<span class=\"_ _5\"/>mbour<span class=\"_ _5\"/>se<span class=\"_ _5\"/>ment du</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00ea<span class=\"_ _5\"/>t par bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque (2<span class=\"_ _5\"/>5,0 mEUR) l<span class=\"_ _5\"/>e 3 janvie<span class=\"_ _5\"/>r 2022<span class=\"_ _5\"/>, confor<span class=\"_ _5\"/>m\u00e9me<span class=\"_ _5\"/>nt \u00e0 la f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n dans laq<span class=\"_ _5\"/>uelle B<span class=\"_ _5\"/>NPPF a acqui<span class=\"_ _5\"/>s les 50 %</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'act<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t dans bp<span class=\"_ _5\"/>ost b<span class=\"_ _5\"/>anque<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>scale<span class=\"_ _5\"/>s conce<span class=\"_ _5\"/>rnen<span class=\"_ _5\"/>t les mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s de T<span class=\"_ _5\"/>VA res<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>t \u00e0 perce<span class=\"_ _5\"/>voir<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s et aut<span class=\"_ _5\"/>res cr\u00e9<span class=\"_ _5\"/>ances s<span class=\"_ _5\"/>ont pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me. Les v<span class=\"_ _5\"/>aleur<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s sont con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>\u00e9es co<span class=\"_ _5\"/>mme une</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">app<span class=\"_ _5\"/>roximat<span class=\"_ _5\"/>ion ra<span class=\"_ _5\"/>isonn<span class=\"_ _5\"/>able de la j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur.</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En ter<span class=\"_ _5\"/>mes de g<span class=\"_ _5\"/>est<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s ris<span class=\"_ _5\"/>ques<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t appl<span class=\"_ _5\"/>ique une a<span class=\"_ _5\"/>ppro<span class=\"_ _5\"/>che simp<span class=\"_ _5\"/>lif<span class=\"_ _5\"/>i\u00e9e po<span class=\"_ _5\"/>ur le calc<span class=\"_ _5\"/>ul de l\u2019ECL li<span class=\"_ _5\"/>\u00e9 aux cr\u00e9<span class=\"_ _5\"/>ances co<span class=\"_ _5\"/>mmerc<span class=\"_ _5\"/>iales e<span class=\"_ _5\"/>t aux</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cr\u00e9a<span class=\"_ _5\"/>nces de f<span class=\"_ _5\"/>rais te<span class=\"_ _5\"/>rmina<span class=\"_ _5\"/>ux. P<span class=\"_ _5\"/>ar cons\u00e9<span class=\"_ _5\"/>quen<span class=\"_ _5\"/>t, bp<span class=\"_ _5\"/>ost com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise un<span class=\"_ _5\"/>e provis<span class=\"_ _5\"/>ion po<span class=\"_ _5\"/>ur per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s sur la bas<span class=\"_ _5\"/>e des ECL \u00e0 ch<span class=\"_ _5\"/>aque date d<span class=\"_ _5\"/>e repo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ting</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et a \u00e9<span class=\"_ _5\"/>tabli un<span class=\"_ _5\"/>e matr<span class=\"_ _5\"/>ice de pro<span class=\"_ _5\"/>visio<span class=\"_ _5\"/>n bas\u00e9<span class=\"_ _5\"/>e sur  so<span class=\"_ _5\"/>n histo<span class=\"_ _5\"/>rique e<span class=\"_ _5\"/>n mati\u00e8<span class=\"_ _5\"/>re de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit<span class=\"_ _5\"/>. La pro<span class=\"_ _5\"/>visio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes s'\u00e9l\u00e8ve \u00e0 2<span class=\"_ _5\"/>9,0 mEUR en</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2, cont<span class=\"_ _5\"/>re 22,<span class=\"_ _5\"/>0 mEUR en 202<span class=\"_ _5\"/>1. Voir la note 6<span class=\"_ _5\"/>.3<span class=\"_ _5\"/>0 Inst<span class=\"_ _5\"/>rum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s et ge<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>on des r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 162px; height: 920px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 162px; height: 920px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag460": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.2<span class=\"_ _5\"/>2 <span class=\"_ _38\"/>Cr\u00e9anc<span class=\"_ _1\"/>es commerc<span class=\"_ _d\"/>ial<span class=\"_ _d\"/>es et autres c<span class=\"_ _d\"/>r\u00e9anc<span class=\"_ _d\"/>es</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s  \u2013  act<span class=\"_ _5\"/>ifs r<span class=\"_ _5\"/>econ<span class=\"_ _5\"/>nus po<span class=\"_ _5\"/>ur obte<span class=\"_ _5\"/>nir ou e<span class=\"_ _5\"/>x\u00e9c<span class=\"_ _5\"/>uter un co<span class=\"_ _5\"/>ntr<span class=\"_ _5\"/>at<span class=\"_ _22f\"> </span><span class=\"ls2e ws30\">8,9<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">4<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cr\u00e9<span class=\"_ _5\"/>ance p<span class=\"_ _5\"/>our la ve<span class=\"_ _5\"/>nte de f<span class=\"_ _5\"/>ilial<span class=\"_ _5\"/>es de Ub<span class=\"_ _5\"/>iway Re<span class=\"_ _5\"/>tail<span class=\"_ _51\"> </span><span class=\"ls42 ws4c\">2,0<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd yc01 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cr\u00e9<span class=\"_ _5\"/>ance p<span class=\"_ _5\"/>our la ve<span class=\"_ _5\"/>nte de f<span class=\"_ _5\"/>ilial<span class=\"_ _5\"/>es de Th<span class=\"_ _5\"/>e Mail G<span class=\"_ _5\"/>roup<span class=\"_ _1dd\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _13e\"> </span><span class=\"ls42 ws4c\">2,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd yc02 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Gar<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>ies \u00e0 lo<span class=\"_ _5\"/>ng \u2013 ter<span class=\"_ _5\"/>me<span class=\"_ _230\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>3<span class=\"_ _1d1\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>7</span></span></div>\n<div class=\"t m0 x7 hd yc03 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">So<span class=\"_ _5\"/>us \u2013 loc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns<span class=\"_ _1e1\"> </span><span class=\"ls28 ws2a\">5<span class=\"_ _5\"/>,6<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">4,8</span></span></div>\n<div class=\"t m0 x7 hd y751 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres cr\u00e9ances<span class=\"_ _231\"> </span><span class=\"ls1d ws1f\">6,2<span class=\"_ _1e0\"> </span><span class=\"ls14 ws16\">4,4</span></span></div>\n<div class=\"t m0 x7 hf yc04 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES CR\u00c9ANCES NON COURANTES</div>\n<div class=\"t m0 x170 h1b yc05 ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">33,0<span class=\"_ _1f5\"> </span>2<span class=\"_ _5\"/>3,9</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 5 ao<span class=\"_ _5\"/>\u00fbt 2021, b<span class=\"_ _5\"/>post US H<span class=\"_ _5\"/>olding<span class=\"_ _5\"/>s a sign\u00e9 u<span class=\"_ _5\"/>n accord ave<span class=\"_ _5\"/>c Arch<span class=\"_ _5\"/>itec<span class=\"_ _5\"/>t Equit<span class=\"_ _5\"/>y po<span class=\"_ _5\"/>ur la vente de T<span class=\"_ _5\"/>he Mail G<span class=\"_ _5\"/>roup (IME<span class=\"_ _5\"/>X Glob<span class=\"_ _5\"/>al Sol<span class=\"_ _5\"/>ution<span class=\"_ _5\"/>s LLC, M.<span class=\"_ _5\"/>A<span class=\"_ _5\"/>.I<span class=\"_ _5\"/>.L<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Inc e<span class=\"_ _5\"/>t Mail Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices I<span class=\"_ _5\"/>nc.). Dans l<span class=\"_ _5\"/>e cadre d<span class=\"_ _5\"/>e la tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n, bp<span class=\"_ _5\"/>ost US Ho<span class=\"_ _5\"/>ldings a \u00e9<span class=\"_ _5\"/>mis une n<span class=\"_ _5\"/>ote de vente s<span class=\"_ _5\"/>ubord<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>e (\u201csubo<span class=\"_ _5\"/>rdinate<span class=\"_ _5\"/>d selle<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">note\u201d<span class=\"_ _5\"/>) \u00e0 Mail Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices I<span class=\"_ _5\"/>nc, p<span class=\"_ _5\"/>our un mon<span class=\"_ _5\"/>tant de 2<span class=\"_ _5\"/>,5 mUS<span class=\"_ _5\"/>D. Une par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>u mont<span class=\"_ _5\"/>ant d\u00fb n'ayant pas \u00e9<span class=\"_ _5\"/>t\u00e9 remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>\u00e9e en 20<span class=\"_ _5\"/>22, la n<span class=\"_ _5\"/>ote de ven<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tota<span class=\"_ _5\"/>le de 2,<span class=\"_ _5\"/>5 mUSD a \u00e9t\u00e9 e<span class=\"_ _5\"/>nti\u00e8<span class=\"_ _5\"/>remen<span class=\"_ _5\"/>t compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e en r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve<span class=\"_ _5\"/>s et aju<span class=\"_ _5\"/>st\u00e9e<span class=\"_ _5\"/>.</div>\n\n<div class=\"t m0 x7 hb ya ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y727 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc06 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales<span class=\"_ _126\"> </span><span class=\"ls1d ws1f\">656,9<span class=\"_ _130\"> </span><span class=\"ls90 wsa4\">614<span class=\"_ _5\"/>,4</span></span></div>\n<div class=\"t m0 x7 hd yc07 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Frais terminaux<span class=\"_ _232\"> </span><span class=\"ls90 wsa4\">214,<span class=\"_ _5\"/>0<span class=\"_ _233\"> </span><span class=\"ls2c ws2e\">215,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hd yc08 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts \u00e0 r<span class=\"_ _5\"/>\u00e9cup<span class=\"_ _5\"/>\u00e9re<span class=\"_ _5\"/>r<span class=\"_ _d\"/>, aut<span class=\"_ _5\"/>res q<span class=\"_ _5\"/>ue l'imp<span class=\"_ _5\"/>\u00f4t sur le r<span class=\"_ _5\"/>\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _234\"> </span><span class=\"ls28 ws2a\">6,6<span class=\"_ _1e0\"> </span><span class=\"ls14 ws16\">4,6</span></span></div>\n<div class=\"t m0 x7 hd yc09 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pr\u00ea<span class=\"_ _5\"/>ts \u00e0 d<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9s<span class=\"_ _235\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1de\"> </span><span class=\"ls7 ws8\">25,0</span></span></div>\n<div class=\"t m0 x7 hd yc0a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s  \u2013  act<span class=\"_ _5\"/>ifs r<span class=\"_ _5\"/>econ<span class=\"_ _5\"/>nus po<span class=\"_ _5\"/>ur obte<span class=\"_ _5\"/>nir ou e<span class=\"_ _5\"/>x\u00e9c<span class=\"_ _5\"/>uter un co<span class=\"_ _5\"/>ntr<span class=\"_ _5\"/>at<span class=\"_ _22f\"> </span><span class=\"ls26 ws28\">3,5<span class=\"_ _13e\"> </span>3,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yc0b ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres cr\u00e9ances<span class=\"_ _236\"> </span><span class=\"ls18 ws1a\">60,<span class=\"_ _5\"/>3<span class=\"_ _1de\"> </span><span class=\"ls17 ws19\">49,3</span></span></div>\n<div class=\"t m0 x7 hf yc0c ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES CR\u00c9ANCES COURANTES</div>\n<div class=\"t m0 x98 h1b yc0d ff7 fs8 fc3 sc0 ls4a ws54\" style=\"z-index: 15;\">941<span class=\"_ _5\"/>,3<span class=\"_ _1c9\"> </span><span class=\"ls86 ws50\">91<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>4</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 553px; height: 184px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x7 hb y51 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yc0e ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc0f ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Produit<span class=\"_ _5\"/>s acquis<span class=\"_ _237\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>2<span class=\"_ _1d1\"> </span><span class=\"ls2e ws30\">8,3</span></span></div>\n<div class=\"t m0 x7 hd yc10 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cha<span class=\"_ _5\"/>rges \u00e0 r<span class=\"_ _5\"/>epo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>er<span class=\"_ _235\"> </span><span class=\"lsbc ws51\">41,<span class=\"_ _5\"/>3<span class=\"_ _1de\"> </span><span class=\"ls1d ws1f\">36,8</span></span></div>\n<div class=\"t m0 x7 hd yc11 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres cr\u00e9ances<span class=\"_ _236\"> </span><span class=\"ls43 ws4d\">11<span class=\"_ _5\"/>,8<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hf yc12 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AUTRES CR\u00c9ANCES C<span class=\"_ _d\"/>OURANTES</div>\n<div class=\"t m0 x170 h1b yc13 ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">60,<span class=\"_ _5\"/>3<span class=\"_ _1f5\"> </span><span class=\"lsbb wsd8\">4<span class=\"_ _5\"/>9,3</span></div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s et aut<span class=\"_ _5\"/>res cr\u00e9<span class=\"_ _5\"/>ances co<span class=\"_ _5\"/>urante<span class=\"_ _5\"/>s ont aug<span class=\"_ _5\"/>ment\u00e9 d<span class=\"_ _5\"/>e 28,<span class=\"_ _5\"/>9 mEUR po<span class=\"_ _5\"/>ur atte<span class=\"_ _5\"/>indre 9<span class=\"_ _5\"/>41,3 mEU<span class=\"_ _5\"/>R (2021 : 912,4 mEUR<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, pr<span class=\"_ _5\"/>in-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t en rais<span class=\"_ _5\"/>on de l'augm<span class=\"_ _5\"/>enta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s cr\u00e9an<span class=\"_ _5\"/>ces comm<span class=\"_ _5\"/>ercial<span class=\"_ _5\"/>es de 42,<span class=\"_ _5\"/>5 mEUR e<span class=\"_ _5\"/>t par<span class=\"_ _5\"/>tiel<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t compe<span class=\"_ _5\"/>ns\u00e9e<span class=\"_ _5\"/>s par le re<span class=\"_ _5\"/>mbour<span class=\"_ _5\"/>se<span class=\"_ _5\"/>ment du</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00ea<span class=\"_ _5\"/>t par bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque (2<span class=\"_ _5\"/>5,0 mEUR) l<span class=\"_ _5\"/>e 3 janvie<span class=\"_ _5\"/>r 2022<span class=\"_ _5\"/>, confor<span class=\"_ _5\"/>m\u00e9me<span class=\"_ _5\"/>nt \u00e0 la f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n dans laq<span class=\"_ _5\"/>uelle B<span class=\"_ _5\"/>NPPF a acqui<span class=\"_ _5\"/>s les 50 %</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'act<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t dans bp<span class=\"_ _5\"/>ost b<span class=\"_ _5\"/>anque<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>scale<span class=\"_ _5\"/>s conce<span class=\"_ _5\"/>rnen<span class=\"_ _5\"/>t les mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s de T<span class=\"_ _5\"/>VA res<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>t \u00e0 perce<span class=\"_ _5\"/>voir<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s et aut<span class=\"_ _5\"/>res cr\u00e9<span class=\"_ _5\"/>ances s<span class=\"_ _5\"/>ont pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me. Les v<span class=\"_ _5\"/>aleur<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s sont con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>\u00e9es co<span class=\"_ _5\"/>mme une</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">app<span class=\"_ _5\"/>roximat<span class=\"_ _5\"/>ion ra<span class=\"_ _5\"/>isonn<span class=\"_ _5\"/>able de la j<span class=\"_ _5\"/>uste va<span class=\"_ _5\"/>leur.</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En ter<span class=\"_ _5\"/>mes de g<span class=\"_ _5\"/>est<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s ris<span class=\"_ _5\"/>ques<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t appl<span class=\"_ _5\"/>ique une a<span class=\"_ _5\"/>ppro<span class=\"_ _5\"/>che simp<span class=\"_ _5\"/>lif<span class=\"_ _5\"/>i\u00e9e po<span class=\"_ _5\"/>ur le calc<span class=\"_ _5\"/>ul de l\u2019ECL li<span class=\"_ _5\"/>\u00e9 aux cr\u00e9<span class=\"_ _5\"/>ances co<span class=\"_ _5\"/>mmerc<span class=\"_ _5\"/>iales e<span class=\"_ _5\"/>t aux</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cr\u00e9a<span class=\"_ _5\"/>nces de f<span class=\"_ _5\"/>rais te<span class=\"_ _5\"/>rmina<span class=\"_ _5\"/>ux. P<span class=\"_ _5\"/>ar cons\u00e9<span class=\"_ _5\"/>quen<span class=\"_ _5\"/>t, bp<span class=\"_ _5\"/>ost com<span class=\"_ _5\"/>ptabi<span class=\"_ _5\"/>lise un<span class=\"_ _5\"/>e provis<span class=\"_ _5\"/>ion po<span class=\"_ _5\"/>ur per<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s sur la bas<span class=\"_ _5\"/>e des ECL \u00e0 ch<span class=\"_ _5\"/>aque date d<span class=\"_ _5\"/>e repo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ting</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et a \u00e9<span class=\"_ _5\"/>tabli un<span class=\"_ _5\"/>e matr<span class=\"_ _5\"/>ice de pro<span class=\"_ _5\"/>visio<span class=\"_ _5\"/>n bas\u00e9<span class=\"_ _5\"/>e sur  so<span class=\"_ _5\"/>n histo<span class=\"_ _5\"/>rique e<span class=\"_ _5\"/>n mati\u00e8<span class=\"_ _5\"/>re de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit<span class=\"_ _5\"/>. La pro<span class=\"_ _5\"/>visio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes s'\u00e9l\u00e8ve \u00e0 2<span class=\"_ _5\"/>9,0 mEUR en</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2, cont<span class=\"_ _5\"/>re 22,<span class=\"_ _5\"/>0 mEUR en 202<span class=\"_ _5\"/>1. Voir la note 6<span class=\"_ _5\"/>.3<span class=\"_ _5\"/>0 Inst<span class=\"_ _5\"/>rum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s et ge<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>on des r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 162px; height: 920px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div class=\"t m0 x5 h1a ya ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.24 <span class=\"_ _4\"> </span>T<span class=\"_ _3b\"/>r\u00e9sorerie et \u00e9quiv<span class=\"_ _d\"/>alents de tr\u00e9sorerie</div>\n\n<div class=\"t m0 x7 hb y92 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre<span class=\"_ _237\"> </span><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hc yc16 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc17 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie d<span class=\"_ _5\"/>es bu<span class=\"_ _5\"/>reau<span class=\"_ _5\"/>x de Pos<span class=\"_ _5\"/>te<span class=\"_ _113\"> </span><span class=\"ls90 wsa4\">14<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>9<span class=\"_ _130\"> </span>149,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t m0 x7 hd yc18 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Comptes de transit<span class=\"_ _23a\"> </span><span class=\"ls7 ws8\">65,8<span class=\"_ _1de\"> </span><span class=\"ls14 ws16\">44,<span class=\"_ _5\"/>9</span></span></div>\n<div class=\"t m0 x7 hd yc19 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons de p<span class=\"_ _5\"/>aiem<span class=\"_ _5\"/>ent en e<span class=\"_ _5\"/>x\u00e9c<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n<span class=\"_ _23b\"> </span><span class=\"ls17 ws19\">(24,0)<span class=\"_ _134\"> </span><span class=\"ls22 ws24\">(2<span class=\"_ _5\"/>8,4)</span></span></div>\n<div class=\"t m0 x7 hd yc1a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Comptes courants bancaires<span class=\"_ _15\"> </span><span class=\"ls18 ws1a\">6<span class=\"_ _5\"/>80,6<span class=\"_ _233\"> </span><span class=\"ls20 ws22\">578<span class=\"_ _5\"/>,6</span></span></div>\n<div class=\"t m0 x7 hd yc1b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9<span class=\"_ _5\"/>p\u00f4t<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t te<span class=\"_ _5\"/>rme<span class=\"_ _23c\"> </span><span class=\"ls1b ws1d\">18<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7<span class=\"_ _130\"> </span><span class=\"ls22 ws24\">162<span class=\"_ _5\"/>,6</span></span></div>\n<div class=\"t m0 x7 hf yc1c ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TR\u00c9SORERIE ET EQUIVALENT<span class=\"_ _d\"/>S DE TR\u00c9SORERIE</div>\n<div class=\"t m0 x27 h1b yc1d ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">1.<span class=\"_ _5\"/>051,0<span class=\"_ _1e8\"> </span><span class=\"lsd2 wsf2\">9<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 528px; height: 164px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie et les \u00e9<span class=\"_ _5\"/>quiv<span class=\"_ _5\"/>alent<span class=\"_ _5\"/>s de tr<span class=\"_ _5\"/>\u00e9sor<span class=\"_ _5\"/>erie o<span class=\"_ _5\"/>nt augm<span class=\"_ _5\"/>ent\u00e9 de 143<span class=\"_ _5\"/>,5 mEUR<span class=\"_ _5\"/>, cet<span class=\"_ _5\"/>te aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation \u00e9<span class=\"_ _5\"/>tant du<span class=\"_ _5\"/>e \u00e0 l'<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>r\u00e9e n<span class=\"_ _5\"/>ette d<span class=\"_ _5\"/>e tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie pr<span class=\"_ _5\"/>ove-</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nant d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s d'exp<span class=\"_ _5\"/>loita<span class=\"_ _5\"/>tion (422<span class=\"_ _5\"/>,4 mEUR). Cet<span class=\"_ _5\"/>te aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation a \u00e9<span class=\"_ _5\"/>t\u00e9 compe<span class=\"_ _5\"/>ns\u00e9<span class=\"_ _5\"/>e par les s<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>tes de t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s d'inves<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent (19,<span class=\"_ _5\"/>2 mEUR), la vente d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e ayant pr<span class=\"_ _5\"/>esqu<span class=\"_ _5\"/>e compe<span class=\"_ _5\"/>ns\u00e9 le<span class=\"_ _5\"/>s d\u00e9pe<span class=\"_ _5\"/>nse<span class=\"_ _5\"/>s en cap<span class=\"_ _5\"/>ital<span class=\"_ _5\"/>, et par le<span class=\"_ _5\"/>s sor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>es net<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s d'inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment (26<span class=\"_ _5\"/>2,1 mEUR), no<span class=\"_ _5\"/>tamme<span class=\"_ _5\"/>nt en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>u paiem<span class=\"_ _5\"/>ent de di<span class=\"_ _5\"/>viden<span class=\"_ _5\"/>des e<span class=\"_ _5\"/>n 2022 (98<span class=\"_ _5\"/>,5 m<span class=\"_ _5\"/>EUR).  </div>\n\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les d<span class=\"_ _5\"/>\u00e9p\u00f4t<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t te<span class=\"_ _5\"/>rme s<span class=\"_ _5\"/>ont cons<span class=\"_ _5\"/>titu<span class=\"_ _5\"/>\u00e9s de com<span class=\"_ _5\"/>ptes de d<span class=\"_ _5\"/>\u00e9p\u00f4t e<span class=\"_ _5\"/>t de d\u00e9p<span class=\"_ _5\"/>\u00f4ts \u00e0 te<span class=\"_ _5\"/>rme e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9<span class=\"_ _5\"/>s princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par bpost SA/NV a<span class=\"_ _5\"/>upr\u00e8s d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>s banqu<span class=\"_ _5\"/>es. C<span class=\"_ _5\"/>es inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s du mon<span class=\"_ _5\"/>tant tot<span class=\"_ _5\"/>al de cha<span class=\"_ _5\"/>que cont<span class=\"_ _5\"/>rat \u00e0 ter<span class=\"_ _5\"/>me pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre re<span class=\"_ _5\"/>tir\u00e9<span class=\"_ _5\"/>s en moin<span class=\"_ _5\"/>s de 3 mois p<span class=\"_ _5\"/>ar une not<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">for<span class=\"_ _5\"/>melle \u00e0 l<span class=\"_ _5\"/>a banqu<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 372px; height: 50px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 note<span class=\"_ _5\"/>r \u00e9gale<span class=\"_ _5\"/>ment qu<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t a deu<span class=\"_ _5\"/>x ligne<span class=\"_ _5\"/>s de cr\u00e9<span class=\"_ _5\"/>dit non ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es po<span class=\"_ _5\"/>ur un mon<span class=\"_ _5\"/>tant tot<span class=\"_ _5\"/>al de 375,<span class=\"_ _5\"/>0 mEUR, vo<span class=\"_ _5\"/>ir note 6.<span class=\"_ _5\"/>32 \u201cD<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s et eng<span class=\"_ _5\"/>age<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>ts h<span class=\"_ _5\"/>ors bil<span class=\"_ _5\"/>an\u201d<span class=\"_ _1\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 327px; height: 410px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.2<span class=\"_ _5\"/>5 <span class=\"_ _38\"/>Pr\u00eats et emprunts por<span class=\"_ _5\"/>tant in<span class=\"_ _d\"/>t\u00e9r\u00eats</div>\n<div class=\"t m0 x5 hb y81 ff7 fs6 fc3 sc0 lsea wsf0\" style=\"z-index: 15;\">2021</div>\n<div class=\"t m0 x94 hc yc1e ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">VARIATION<span class=\"_ _d\"/> HORS TR\u00c9SORERIE</div>\n<div class=\"t m0 x7 hc yc1f ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _b6\"> </span><span class=\"ff7 fc0 ls10 ws12\">2020</span></div>\n<div class=\"t m0 x7d hc yc20 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">VARIA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x18a hc yc21 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ON DE</div>\n<div class=\"t m0 x33 hc yc22 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TR\u00c9SO<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x2e hc yc23 ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">RERIE</div>\n<div class=\"t m0 xc1 hc yc24 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>T DE</div>\n<div class=\"t m0 x18b hc yc25 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVER<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x44 hc yc26 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">SION<span class=\"_ _78\"> </span><span class=\"lseb ws10c\">ACQUISITION</span></div>\n<div class=\"t m0 x3 hc yc25 ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">MODIFI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x172 hc yc26 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON<span class=\"_ _78\"> </span><span class=\"lse7 ws3d\">CESSION</span></div>\n<div class=\"t m0 x17a hc yc27 ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">CESSI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x152 hc yc28 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x9 hc yc29 ff5 fs7 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">REGRO<span class=\"_ _5\"/>UPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x9 hc yc2a ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENT D'<span class=\"_ _d\"/>EN<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x150 hc yc2b ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">TREPRISES</div>\n<div class=\"t m0 x17d hc yc2a ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>ANS<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x11b hc yc2b ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">FERT</div>\n<div class=\"t m0 x121 hc yc2c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NSFE<span class=\"_ _5\"/>RT V<span class=\"_ _5\"/>ERS</div>\n<div class=\"t m0 x18c hc yc2d ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">ACTIFS CLASSIFI\u00c9S</div>\n<div class=\"t m0 x104 hc yc2e ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME D\u00c9TEN<span class=\"_ _d\"/>US EN</div>\n<div class=\"t m0 x104 hc yc2f ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VU<span class=\"_ _5\"/>E DE L<span class=\"_ _5\"/>A VE<span class=\"_ _5\"/>NTE O<span class=\"_ _5\"/>U</div>\n<div class=\"t m0 x103 hc yc30 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME I<span class=\"_ _d\"/>MMEUBLE DE<span class=\"_ _d\"/> <span class=\"_ _5\"/></div>\n<div class=\"t m0 x3e hc yc31 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">PLACEMENT<span class=\"_ _d9\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _8d\"> </span><span class=\"ff7 fc0 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc32 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _64\"> </span><span class=\"lsba wsda\">159<span class=\"_ _d\"/>,9 <span class=\"_ _ab\"> </span><span class=\"ls0 ws0\">0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>1<span class=\"_ _5\"/>2,6 <span class=\"_ _b0\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _b0\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span><span class=\"ls90 wsa4\">(9,<span class=\"_ _5\"/>1)<span class=\"_ _2a\"> </span></span>0,0 <span class=\"_ _1c7\"> </span>(0,0)<span class=\"_ _df\"> </span><span class=\"ls22 ws24\">163<span class=\"_ _5\"/>,3 </span></span></span></div>\n<div class=\"t m0 x7 hd yc33 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _13f\"> </span><span class=\"ls1b ws1d\">64<span class=\"_ _5\"/>3,7<span class=\"_ _5\"/> <span class=\"_ _e3\"> </span></span>0,0 <span class=\"_ _72\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>1,1 <span class=\"_ _da\"> </span>6<span class=\"_ _5\"/>4<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>8</div>\n<div class=\"t m0 x7 hd yc34 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _83\"> </span><span class=\"ls0 ws0\">0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _ab\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _201\"> </span></span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _205\"> </span>0,1 <span class=\"_ _72\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hd yc35 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013</div>\n<div class=\"t m0 x7 hd yc36 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">financement</div>\n<div class=\"t m0 x13a hd yc35 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">361,<span class=\"_ _5\"/>5 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _92\"> </span>9,<span class=\"_ _5\"/>0 <span class=\"_ _72\"> </span>1<span class=\"_ _5\"/>55,<span class=\"_ _5\"/>6 <span class=\"_ _1c7\"> </span><span class=\"ls1d ws1f\">66,<span class=\"_ _5\"/>2<span class=\"_ _85\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,0)<span class=\"_ _4c\"> </span><span class=\"ls22 ws24\">(3,<span class=\"_ _5\"/>3)<span class=\"_ _8b\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>1<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)<span class=\"_ _2c\"> </span></span></span>(12<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)<span class=\"_ _76\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/> <span class=\"_ _14a\"> </span><span class=\"ls3b ws43\">453,1 </span></span></span></span></div>\n<div class=\"t m0 x7 hf yc37 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">EMPRUNTS NON C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x7 hf yc38 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">PORT<span class=\"_ _d\"/>ANT INTERETS</div>\n<div class=\"t m0 x11 h1b yc39 ff7 fs8 fc3 sc0 lsd9 ws58\" style=\"z-index: 15;\">1.<span class=\"_ _5\"/>165,0 <span class=\"_ _e1\"> </span><span class=\"ls0 ws0\">0,<span class=\"_ _5\"/>0 <span class=\"_ _86\"> </span>2<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>5 <span class=\"_ _69\"> </span>15<span class=\"_ _5\"/>5,6 <span class=\"_ _e5\"> </span><span class=\"ls2e ws30\">66,2<span class=\"_ _db\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>0)<span class=\"_ _97\"> </span><span class=\"lse8 ws10b\">(3,<span class=\"_ _5\"/>2)<span class=\"_ _db\"> </span></span>(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>9)<span class=\"_ _11c\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _1\"/>12,1)<span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">8,<span class=\"_ _5\"/>1 <span class=\"_ _3e\"> </span><span class=\"ls45 ws4a\">1.<span class=\"_ _5\"/>261,<span class=\"_ _5\"/>2</span></span></span></span></span></span></div>\n<div class=\"t m0 xcf hc yc3a ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">VARIATION<span class=\"_ _d\"/> HORS TR\u00c9SORERIE</div>\n<div class=\"t m0 x7 hc yc3b ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _7a\"> </span><span class=\"ff7 fc0 ls10 ws12\">2020</span></div>\n<div class=\"t m0 x163 hc yc3c ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">VARIA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x7d hc yc3d ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ON DE</div>\n<div class=\"t m0 x11e hc yc3e ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TR\u00c9SO<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd hc yc3f ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">RERIE</div>\n<div class=\"t m0 x45 hc yc40 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>T DE</div>\n<div class=\"t m0 xb6 hc yc41 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVER<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x2b hc yc42 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">SION<span class=\"_ _78\"> </span><span class=\"lseb ws10c\">ACQUISITION</span></div>\n<div class=\"t m0 xcd hc yc41 ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">MODIFI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x115 hc yc42 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON<span class=\"_ _78\"> </span><span class=\"lse7 ws3d\">CESSION</span></div>\n<div class=\"t m0 xd0 hc yc43 ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">CESSI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x17a hc yc44 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x150 hc yc45 ff5 fs7 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">REGRO<span class=\"_ _5\"/>UPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x150 hc yc46 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENT D'<span class=\"_ _d\"/>EN<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 xb hc yc47 ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">TREPRISES</div>\n<div class=\"t m0 x10a hc yc46 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>ANS<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xee hc yc47 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">FERT</div>\n<div class=\"t m0 xa2 hc yc48 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NSFE<span class=\"_ _5\"/>RT V<span class=\"_ _5\"/>ERS</div>\n<div class=\"t m0 x105 hc yc49 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">ACTIFS CLASSIFI\u00c9S</div>\n<div class=\"t m0 x147 hc yc4a ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME D\u00c9TEN<span class=\"_ _d\"/>US EN</div>\n<div class=\"t m0 x147 hc yc4b ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VU<span class=\"_ _5\"/>E DE L<span class=\"_ _5\"/>A VE<span class=\"_ _5\"/>NTE O<span class=\"_ _5\"/>U</div>\n<div class=\"t m0 x104 hc yc4c ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME I<span class=\"_ _d\"/>MMEUBLE DE<span class=\"_ _d\"/> <span class=\"_ _5\"/></div>\n<div class=\"t m0 xd3 hc yc4d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">PLACEMENT<span class=\"_ _d9\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _8d\"> </span><span class=\"ff7 fc0 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc4e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _7e\"> </span><span class=\"ls0 ws0\">9,1 <span class=\"_ _1c7\"> </span><span class=\"ls90 wsa4\">(9,<span class=\"_ _5\"/>1)<span class=\"_ _20c\"> </span></span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _92\"> </span>9,1 <span class=\"_ _129\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _6c\"> </span></span>9,<span class=\"_ _5\"/>1 </span></div>\n<div class=\"t m0 x7 hd yc4f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Papiers commerciaux<span class=\"_ _b0\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>5,0 <span class=\"_ _d9\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>65<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>)<span class=\"_ _20c\"> </span><span class=\"ls0 ws0\">0<span class=\"_ _5\"/>,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _6c\"> </span></span>0,<span class=\"_ _5\"/>0 </span></span></span></div>\n<div class=\"t m0 x7 hd yc50 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _a5\"> </span><span class=\"ls0 ws0\">0,<span class=\"_ _5\"/>2 <span class=\"_ _e3\"> </span><span class=\"ls1b ws1d\">1<span class=\"_ _5\"/>,7 <span class=\"_ _ab\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _201\"> </span></span></span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _97\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>)<span class=\"_ _20c\"> </span></span>0<span class=\"_ _5\"/>,0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hd yc51 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013</div>\n<div class=\"t m0 x7 hd yc52 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">financement</div>\n<div class=\"t m0 x18d hd yc51 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">103<span class=\"_ _5\"/>,9 <span class=\"_ _3a\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>2)<span class=\"_ _221\"> </span><span class=\"ls0 ws0\">2,<span class=\"_ _5\"/>8 <span class=\"_ _95\"> </span></span></span>10,<span class=\"_ _5\"/>3 <span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">1,4 <span class=\"_ _39\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _4c\"> </span><span class=\"ls1b ws1d\">(1,6<span class=\"_ _5\"/>)<span class=\"_ _86\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>8<span class=\"_ _5\"/> <span class=\"_ _119\"> </span></span></span></span></span>(5,9)<span class=\"_ _6c\"> </span><span class=\"ls0 ws0\">3<span class=\"_ _5\"/>,8 <span class=\"_ _14\"> </span><span class=\"ls12 ws14\">10<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hf yc53 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">EMPRUNTS C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x7 hf yc54 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">PORT<span class=\"_ _d\"/>ANT INTERETS</div>\n<div class=\"t m0 x18e h1b yc55 ff7 fs8 fc3 sc0 ls43 ws4d\" style=\"z-index: 15;\">278,<span class=\"_ _5\"/>2<span class=\"_ _d9\"> </span><span class=\"lsd2 wsf2\">(2<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _e7\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>,7 <span class=\"_ _96\"> </span><span class=\"ls0 ws0\">10,<span class=\"_ _5\"/>4 <span class=\"_ _86\"> </span>1<span class=\"_ _5\"/>,4 <span class=\"_ _df\"> </span></span>(0<span class=\"_ _5\"/>,1)<span class=\"_ _97\"> </span><span class=\"ls86 ws50\">(3<span class=\"_ _5\"/>,4)<span class=\"_ _88\"> </span><span class=\"ls0 ws0\">1<span class=\"_ _5\"/>26,<span class=\"_ _5\"/>9 <span class=\"_ _30\"> </span><span class=\"lsdb wsfb\">(5,<span class=\"_ _5\"/>9)<span class=\"_ _8e\"> </span></span>3,<span class=\"_ _5\"/>8 <span class=\"_ _8c\"> </span><span class=\"ls20 ws22\">116<span class=\"_ _5\"/>,4 </span></span></span></span></span></div>\n<div class=\"t m0 x5 hb y51 ff7 fs6 fc3 sc0 ls5c ws70\" style=\"z-index: 15;\">2022</div>\n<div class=\"t m0 xcf hc yc56 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">VARIATION<span class=\"_ _d\"/> HORS TR\u00c9SORERIE</div>\n<div class=\"t m0 x7 hc yc57 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _f4\"> </span><span class=\"ff7 fc0 lsf ws11\">2021</span></div>\n<div class=\"t m0 x163 hc yc58 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">VARIA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x7d hc yc59 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ON DE</div>\n<div class=\"t m0 x11e hc yc5a ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TR\u00c9SO<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd hc yc5b ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">RERIE</div>\n<div class=\"t m0 x45 hc yc5c ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>T DE</div>\n<div class=\"t m0 xb6 hc yc5d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVER<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x2b hc yc5e ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">SION<span class=\"_ _78\"> </span><span class=\"lseb ws10c\">ACQUISITION</span></div>\n<div class=\"t m0 xcd hc yc5d ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">MODIFI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x115 hc yc5e ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON<span class=\"_ _78\"> </span><span class=\"lse7 ws3d\">CESSION</span></div>\n<div class=\"t m0 xd0 hc yc5f ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">CESSI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x17a hc yc60 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x150 hc yc61 ff5 fs7 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">REGRO<span class=\"_ _5\"/>UPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x150 hc yc62 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENT D'<span class=\"_ _d\"/>EN<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 xb hc yc63 ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">TREPRISES</div>\n<div class=\"t m0 x10a hc yc62 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>ANS<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xee hc yc63 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">FERT</div>\n<div class=\"t m0 xa2 hc yc64 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NSFE<span class=\"_ _5\"/>RT V<span class=\"_ _5\"/>ERS</div>\n<div class=\"t m0 x105 hc yc65 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">ACTIFS CLASSIFI\u00c9S</div>\n<div class=\"t m0 x147 hc yc66 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME D\u00c9TEN<span class=\"_ _d\"/>US EN</div>\n<div class=\"t m0 x147 hc yc67 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VU<span class=\"_ _5\"/>E DE L<span class=\"_ _5\"/>A VE<span class=\"_ _5\"/>NTE O<span class=\"_ _5\"/>U</div>\n<div class=\"t m0 x104 hc yc68 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME I<span class=\"_ _d\"/>MMEUBLE DE<span class=\"_ _d\"/> <span class=\"_ _5\"/></div>\n<div class=\"t m0 xd3 hc yc69 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">PLACEMENT<span class=\"_ _d9\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _8d\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></span></div>\n<div class=\"t m0 x7 hd yc6a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _ef\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>3 <span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">0,0 <span class=\"_ _8e\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>1 <span class=\"_ _b0\"> </span></span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _85\"> </span><span class=\"ls2a ws2c\">(17<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4)<span class=\"_ _149\"> </span></span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span><span class=\"ls18 ws1a\">0,0</span></span></span></div>\n<div class=\"t m0 x7 hd yc6b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _8a\"> </span>6<span class=\"_ _5\"/>44<span class=\"_ _5\"/>,8 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _92\"> </span>0,0 <span class=\"_ _129\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>1,1 <span class=\"_ _da\"> </span>6<span class=\"_ _5\"/>4<span class=\"_ _5\"/>6,0</div>\n<div class=\"t m0 x7 hd yc6c ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _23d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _6c\"> </span><span class=\"ls0 ws0\">0,<span class=\"_ _5\"/>0 <span class=\"_ _72\"> </span></span>0,0<span class=\"_ _201\"> </span><span class=\"ls0 ws0\">0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _205\"> </span>0,0 <span class=\"_ _72\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span></span>0,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd yc6d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013</div>\n<div class=\"t m0 x7 hd yc6e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">financement</div>\n<div class=\"t m0 x18d hd yc6d ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">453,1 <span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">0,0 <span class=\"_ _8e\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>2 <span class=\"_ _74\"> </span><span class=\"ls22 ws24\">161,4 <span class=\"_ _89\"> </span></span></span>6<span class=\"_ _5\"/>8,1 <span class=\"_ _da\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>8)<span class=\"_ _23e\"> </span></span>3,6 <span class=\"_ _14a\"> </span><span class=\"ls1b ws1d\">(16<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>8)<span class=\"_ _2a\"> </span></span>0,<span class=\"_ _5\"/>0 <span class=\"_ _39\"> </span>1<span class=\"_ _5\"/>2,0 <span class=\"_ _14a\"> </span>53<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>9 </span></div>\n<div class=\"t m0 x7 hf yc6f ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">EMPRUNTS NON C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x7 hf yc70 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">PORT<span class=\"_ _d\"/>ANT INTERETS</div>\n<div class=\"t m0 x16d h1b yc71 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">1.261,2 <span class=\"_ _e1\"> </span>0,0 <span class=\"_ _e1\"> </span>20,<span class=\"_ _5\"/>3 <span class=\"_ _69\"> </span>1<span class=\"_ _5\"/>61,<span class=\"_ _5\"/>4 <span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>1 <span class=\"_ _6b\"> </span><span class=\"ls45 ws4a\">(12<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8)<span class=\"_ _1c6\"> </span></span>3,6 <span class=\"_ _6b\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3)<span class=\"_ _103\"> </span></span>0,0 <span class=\"_ _e5\"> </span>1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>2 <span class=\"_ _3e\"> </span><span class=\"ls46 ws53\">1.18<span class=\"_ _5\"/>0,9</span></div>\n\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s no<span class=\"_ _5\"/>n couran<span class=\"_ _5\"/>ts p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant in<span class=\"_ _5\"/>t\u00e9r\u00eat o<span class=\"_ _5\"/>nt diminu\u00e9 d<span class=\"_ _5\"/>e 80,4 m<span class=\"_ _5\"/>EUR pour at<span class=\"_ _5\"/>tein<span class=\"_ _5\"/>dre 1.18<span class=\"_ _5\"/>0,9 m<span class=\"_ _5\"/>EUR, ca<span class=\"_ _5\"/>r le pr\u00eat \u00e0 t<span class=\"_ _5\"/>erme d<span class=\"_ _5\"/>e 185<span class=\"_ _5\"/>,0</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mUSD a \u00e9<span class=\"_ _5\"/>t\u00e9 tran<span class=\"_ _5\"/>sf\u00e9r<span class=\"_ _5\"/>\u00e9 des pr<span class=\"_ _5\"/>\u00eat<span class=\"_ _5\"/>s et emp<span class=\"_ _5\"/>runt<span class=\"_ _5\"/>s non co<span class=\"_ _5\"/>urant<span class=\"_ _5\"/>s aux p<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s por<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ant int\u00e9r<span class=\"_ _5\"/>\u00eat, \u00e9<span class=\"_ _5\"/>tant do<span class=\"_ _5\"/>nn\u00e9 que ce p<span class=\"_ _5\"/>r\u00eat es<span class=\"_ _5\"/>t d\u00fb dan<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'ann\u00e9<span class=\"_ _5\"/>e. Cet<span class=\"_ _5\"/>te diminu<span class=\"_ _5\"/>tion a \u00e9<span class=\"_ _5\"/>t\u00e9 par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt compe<span class=\"_ _5\"/>ns\u00e9<span class=\"_ _5\"/>e par l'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>ett<span class=\"_ _5\"/>es de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n. T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les m<span class=\"_ _5\"/>ouvem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s li\u00e9s au<span class=\"_ _5\"/>x ajout<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aux d<span class=\"_ _5\"/>\u00e9tail<span class=\"_ _5\"/>s des l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>ont ex<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>s dans la n<span class=\"_ _5\"/>ote 6.16.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 177px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 177px; height: 905px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x94 hc yc72 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">VARIATION<span class=\"_ _d\"/> HORS TR\u00c9SORERIE</div>\n<div class=\"t m0 x7 hc yc73 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _b6\"> </span><span class=\"ff7 fc0 lsf ws11\">2021</span></div>\n<div class=\"t m0 x7d hc yc74 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">VARIA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x18a hc yc75 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ON DE</div>\n<div class=\"t m0 x33 hc yc76 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TR\u00c9SO<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x2e hc yc77 ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">RERIE</div>\n<div class=\"t m0 xc1 hc yc78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EC<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>T DE</div>\n<div class=\"t m0 x18b hc yc79 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVER<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x44 hc yc7a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">SION<span class=\"_ _78\"> </span><span class=\"lseb ws10c\">ACQUISITION</span></div>\n<div class=\"t m0 x3 hc yc79 ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">MODIFI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x172 hc yc7a ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON<span class=\"_ _78\"> </span><span class=\"lse7 ws3d\">CESSION</span></div>\n<div class=\"t m0 x17a hc yc7b ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">CESSI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x152 hc yc7c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x9 hc yc7d ff5 fs7 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">REGRO<span class=\"_ _5\"/>UPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x180 hc yc7e ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENT D'<span class=\"_ _d\"/>EN<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x150 hc yc7f ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">TREPRISES</div>\n<div class=\"t m0 x170 hc yc7e ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>ANS<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xb8 hc yc7f ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">FERT</div>\n<div class=\"t m0 x121 hc yc80 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NSFE<span class=\"_ _5\"/>RT V<span class=\"_ _5\"/>ERS</div>\n<div class=\"t m0 x18c hc yc81 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">ACTIFS CLASSIFI\u00c9S</div>\n<div class=\"t m0 x102 hc yc82 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME D\u00c9TEN<span class=\"_ _d\"/>US EN</div>\n<div class=\"t m0 x102 hc yc83 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VU<span class=\"_ _5\"/>E DE L<span class=\"_ _5\"/>A VE<span class=\"_ _5\"/>NTE O<span class=\"_ _5\"/>U</div>\n<div class=\"t m0 x103 hc yc84 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME I<span class=\"_ _d\"/>MMEUBLE DE<span class=\"_ _d\"/> <span class=\"_ _5\"/></div>\n<div class=\"t m0 x178 hc yc85 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">PLACEMENT<span class=\"_ _d9\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _8d\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></span></div>\n<div class=\"t m0 x7 hd yc86 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _1cc\"> </span><span class=\"ls0 ws0\">9,1 <span class=\"_ _da\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>1)<span class=\"_ _221\"> </span></span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>4,0 <span class=\"_ _66\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4 <span class=\"_ _129\"> </span></span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _85\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4 </span></span></div>\n<div class=\"t m0 x7 hd yc87 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Papiers commerciaux<span class=\"_ _206\"> </span><span class=\"ls0 ws0\">0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _92\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _b0\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _72\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span>0<span class=\"_ _5\"/>,0 </span></div>\n<div class=\"t m0 x7 hd yc88 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _83\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _8f\"> </span>0,0<span class=\"_ _221\"> </span><span class=\"ls0 ws0\">0,0 <span class=\"_ _b0\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _205\"> </span>0,0 <span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span></span>0,0<span class=\"_ _8d\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7 hd yc89 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013</div>\n<div class=\"t m0 x7 hd yc8a ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">financement</div>\n<div class=\"t m0 x13a hd yc89 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">1<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3<span class=\"_ _5\"/> <span class=\"_ _23f\"> </span>(<span class=\"_ _5\"/>1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _221\"> </span><span class=\"ls0 ws0\">1,<span class=\"_ _5\"/>9 <span class=\"_ _44\"> </span>0<span class=\"_ _5\"/>,5 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _18b\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _201\"> </span></span>0,<span class=\"_ _5\"/>3 <span class=\"_ _8d\"> </span><span class=\"ls22 ws24\">160,<span class=\"_ _5\"/>8 <span class=\"_ _129\"> </span></span>0,0 <span class=\"_ _e3\"> </span>0<span class=\"_ _5\"/>,1 <span class=\"_ _da\"> </span>1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,1 </span></div>\n<div class=\"t m0 x7 hf yc8b ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">EMPRUNTS C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x7 hf yc8c ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">PORT<span class=\"_ _d\"/>ANT INTERETS</div>\n<div class=\"t m0 x120 h1b yc8d ff7 fs8 fc3 sc0 ls20 ws22\" style=\"z-index: 15;\">116,<span class=\"_ _5\"/>4 <span class=\"_ _f\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>1)<span class=\"_ _e7\"> </span><span class=\"ls0 ws0\">1,<span class=\"_ _5\"/>9 <span class=\"_ _8a\"> </span>0<span class=\"_ _5\"/>,5 <span class=\"_ _e1\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _df\"> </span><span class=\"lsd4 wsf5\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _205\"> </span></span>4,<span class=\"_ _5\"/>3 <span class=\"_ _18b\"> </span>33<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3 <span class=\"_ _19\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _86\"> </span>0,<span class=\"_ _5\"/>1 <span class=\"_ _75\"> </span><span class=\"lsd2 wsf2\">3<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3</span></span></span></div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s por<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ant int\u00e9r<span class=\"_ _5\"/>\u00eat ont au<span class=\"_ _5\"/>gment\u00e9 d<span class=\"_ _5\"/>e 190,<span class=\"_ _5\"/>9 mEUR p<span class=\"_ _5\"/>our at<span class=\"_ _5\"/>teindr<span class=\"_ _5\"/>e 307<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3 mEUR<span class=\"_ _5\"/>, ce qui s'exp<span class=\"_ _5\"/>lique pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt par</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le tr<span class=\"_ _5\"/>ansf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t du pr\u00ea<span class=\"_ _5\"/>t \u00e0 term<span class=\"_ _5\"/>e de 185<span class=\"_ _5\"/>,0 mUSD de<span class=\"_ _5\"/>s pr\u00eat<span class=\"_ _5\"/>s et e<span class=\"_ _5\"/>mpr<span class=\"_ _5\"/>unts n<span class=\"_ _5\"/>on cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s aux pr\u00ea<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t empr<span class=\"_ _5\"/>unt<span class=\"_ _5\"/>s coura<span class=\"_ _5\"/>nts p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant in<span class=\"_ _5\"/>t\u00e9r\u00eat<span class=\"_ _5\"/>. Dans la n<span class=\"_ _5\"/>ote</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>30, s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tion r<span class=\"_ _5\"/>isque<span class=\"_ _5\"/>s de ta<span class=\"_ _5\"/>ux d'int\u00e9r<span class=\"_ _5\"/>\u00eat, le<span class=\"_ _5\"/>s term<span class=\"_ _5\"/>es et co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>ons de<span class=\"_ _5\"/>s pr\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prun<span class=\"_ _5\"/>ts p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant int<span class=\"_ _5\"/>\u00e9r\u00eat s<span class=\"_ _5\"/>ont pr\u00e9<span class=\"_ _5\"/>sent<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, le der<span class=\"_ _5\"/>nier p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nt (9,1 mEUR) re<span class=\"_ _5\"/>latif au p<span class=\"_ _5\"/>r\u00eat de l<span class=\"_ _5\"/>a Banqu<span class=\"_ _5\"/>e europ<span class=\"_ _5\"/>\u00e9en<span class=\"_ _5\"/>ne d'inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent (\"B<span class=\"_ _5\"/>EI\") a \u00e9t\u00e9 e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9. En 20<span class=\"_ _5\"/>07<span class=\"_ _1\"/>, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>t\u00e9 un pr\u00ea<span class=\"_ _5\"/>t de 100,<span class=\"_ _5\"/>0 mEUR \u00e0 tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t var<span class=\"_ _5\"/>iable aup<span class=\"_ _5\"/>r\u00e8s de la B<span class=\"_ _5\"/>EI.</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A note<span class=\"_ _5\"/>r que le tot<span class=\"_ _5\"/>al des col<span class=\"_ _5\"/>onnes \"<span class=\"_ _5\"/>f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9sor<span class=\"_ _5\"/>erie\" m<span class=\"_ _5\"/>enti<span class=\"_ _5\"/>onn\u00e9e<span class=\"_ _5\"/>s dans le t<span class=\"_ _5\"/>ablea<span class=\"_ _5\"/>u ci-<span class=\"_ _5\"/>des<span class=\"_ _5\"/>sus s'\u00e9l\u00e8ve \u00e0 -15<span class=\"_ _5\"/>0,1 mEUR<span class=\"_ _5\"/>, tandi<span class=\"_ _5\"/>s que les \"<span class=\"_ _5\"/>fl<span class=\"_ _5\"/>ux net<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">li\u00e9<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie re<span class=\"_ _5\"/>latif<span class=\"_ _5\"/>s aux em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s et  d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>tes de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n\" (<span class=\"_ _d\"/>c'est-\u00e0<span class=\"_ _5\"/>-<span class=\"_ _5\"/>dire les f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie li\u00e9<span class=\"_ _5\"/>s aux ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s de f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ceme<span class=\"_ _5\"/>nt \u00e0 l'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>clusio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des d<span class=\"_ _5\"/>ivid<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>s vers<span class=\"_ _5\"/>\u00e9s) dans l'\u00e9ta<span class=\"_ _5\"/>t conso<span class=\"_ _5\"/>lid\u00e9 de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie s'\u00e9l\u00e8ve<span class=\"_ _5\"/>nt \u00e0 -<span class=\"_ _d\"/>163,<span class=\"_ _5\"/>6 mEUR. L<span class=\"_ _5\"/>a diff\u00e9<span class=\"_ _5\"/>rence d<span class=\"_ _5\"/>e -<span class=\"_ _1\"/>1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>5 mEUR es<span class=\"_ _5\"/>t pri<span class=\"_ _5\"/>ncipale<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">due au<span class=\"_ _5\"/>x int\u00e9r\u00ea<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>em<span class=\"_ _5\"/>prun<span class=\"_ _5\"/>t \u00e0 terme e<span class=\"_ _5\"/>t au ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt de l'oblig<span class=\"_ _5\"/>ation co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s compte<span class=\"_ _5\"/>s fourn<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eurs e<span class=\"_ _5\"/>t autre<span class=\"_ _5\"/>s cr\u00e9<span class=\"_ _5\"/>diteur<span class=\"_ _5\"/>s, qui</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ne s<span class=\"_ _5\"/>ont don<span class=\"_ _5\"/>c pas men<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>\u00e9s dans ce<span class=\"_ _5\"/>tte n<span class=\"_ _5\"/>ote.</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A note<span class=\"_ _5\"/>r que bpo<span class=\"_ _5\"/>st dis<span class=\"_ _5\"/>pose \u00e9<span class=\"_ _5\"/>gale<span class=\"_ _5\"/>ment de d<span class=\"_ _5\"/>eux lig<span class=\"_ _5\"/>nes de c<span class=\"_ _5\"/>r\u00e9dit n<span class=\"_ _5\"/>on utili<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s pour un m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nt total d<span class=\"_ _5\"/>e 375,0 mEUR<span class=\"_ _5\"/>, voir no<span class=\"_ _5\"/>te 6.<span class=\"_ _5\"/>32 \"<span class=\"_ _d\"/>dro<span class=\"_ _5\"/>its e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">engagements\"<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Il n'y a pas d<span class=\"_ _5\"/>e convent<span class=\"_ _5\"/>ion sur ce<span class=\"_ _5\"/>s pr\u00eat<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 582px; height: 502px; width: 92%; z-index: 3;\"><br/></div>\n\n<div/>\n<div/>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.27 <span class=\"_ _4\"> </span>Det<span class=\"_ _5\"/>t<span class=\"_ _d\"/>es com<span class=\"_ _d\"/>merci<span class=\"_ _d\"/>ales et aut<span class=\"_ _d\"/>res dettes</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes c<span class=\"_ _d\"/>ommerciales<span class=\"_ _175\"> </span><span class=\"ls42 ws4c\">2,<span class=\"_ _5\"/>2<span class=\"_ _13e\"> </span><span class=\"ls0 ws0\">1<span class=\"_ _5\"/>,6 </span></span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres dettes<span class=\"_ _269\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>3,7<span class=\"_ _1d7\"> </span><span class=\"ls2b ws2d\">31,8</span></span></div>\n<div class=\"t m0 x7 hf y993 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES DETTES NON COURANTES</div>\n<div class=\"t m0 x170 h1b y994 ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">25,9<span class=\"_ _1e2\"> </span><span class=\"ls25 ws27\">33,3</span></div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e sont li<span class=\"_ _5\"/>\u00e9es \u00e0 l'acha<span class=\"_ _5\"/>t des ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns mino<span class=\"_ _5\"/>rita<span class=\"_ _5\"/>ires d'Act<span class=\"_ _5\"/>ive A<span class=\"_ _5\"/>nts In<span class=\"_ _5\"/>ternat<span class=\"_ _5\"/>ional<span class=\"_ _5\"/>, Ant<span class=\"_ _5\"/>hill et Mar<span class=\"_ _5\"/>ceau (IMX<span class=\"_ _5\"/>). La dimin<span class=\"_ _5\"/>ution</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l'ann<span class=\"_ _5\"/>\u00e9e de<span class=\"_ _5\"/>rni\u00e8r<span class=\"_ _5\"/>e s'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>e par la r\u00e9<span class=\"_ _5\"/>\u00e9valua<span class=\"_ _5\"/>tion en 2<span class=\"_ _5\"/>022 du p<span class=\"_ _5\"/>rix d'exe<span class=\"_ _5\"/>rcice va<span class=\"_ _5\"/>riable p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ions re<span class=\"_ _5\"/>st<span class=\"_ _5\"/>antes d'Ant<span class=\"_ _5\"/>hill BV et d'Ac-</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s Inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>nal, par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>iellem<span class=\"_ _5\"/>ent com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>\u00e9e par la r<span class=\"_ _5\"/>econn<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>ance du pa<span class=\"_ _5\"/>ssif l<span class=\"_ _5\"/>i\u00e9 aux ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns mino<span class=\"_ _5\"/>rita<span class=\"_ _5\"/>ires d'I<span class=\"_ _5\"/>MX<span class=\"_ _5\"/>.</div>\n\n<div/>\n\n<div/>\n\n<div class=\"t m0 x7 hb y8d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y27 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x55 hc yd66 ff7 fs7 fc0 sc0 lse ws10\" style=\"z-index: 15;\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></div>\n<div class=\"t m0 x7 hd yd67 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes c<span class=\"_ _d\"/>ommerciales<span class=\"_ _26a\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5<span class=\"_ _1e8\"> </span><span class=\"ls0 ws0\"> 382,<span class=\"_ _5\"/>9 </span></span></div>\n<div class=\"t m0 x7 hd yd68 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s col<span class=\"_ _5\"/>lec<span class=\"_ _5\"/>t\u00e9s du<span class=\"_ _5\"/>s aux cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s<span class=\"_ _18f\"> </span><span class=\"ls7 ws8\">65,5<span class=\"_ _1e2\"> </span></span> 59,9</div>\n<div class=\"t m0 x7 hd yd69 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Frais terminaux<span class=\"_ _26b\"> </span>298,4<span class=\"_ _1c9\"> </span><span class=\"ls0 ws0\"> 32<span class=\"_ _5\"/>9,2 </span></div>\n<div class=\"t m0 x7 hd yd6a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes salariales et<span class=\"_ _d\"/> sociales<span class=\"_ _26c\"> </span><span class=\"ls2b ws2d\">421,<span class=\"_ _5\"/>6<span class=\"_ _1fd\"> </span><span class=\"ls1d ws1f\"> 366,4 </span></span></div>\n<div class=\"t m0 x7 hd yd6b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>sca<span class=\"_ _5\"/>les au<span class=\"_ _5\"/>tres q<span class=\"_ _5\"/>ue l'imp<span class=\"_ _5\"/>\u00f4t sur le<span class=\"_ _5\"/>s rev<span class=\"_ _5\"/>enus<span class=\"_ _166\"> </span><span class=\"ls2b ws2d\">10,0<span class=\"_ _18a\"> </span><span class=\"ls1b ws1d\"> 9,7 </span></span></div>\n<div class=\"t m0 x7 hd yd6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Compte de transit machines \u00e0<span class=\"_ _d\"/> af<span class=\"_ _5\"/>franchir<span class=\"_ _163\"> </span><span class=\"ls2b ws2d\">10,3<span class=\"_ _1e2\"> </span> 10,<span class=\"_ _5\"/>3 </span></div>\n<div class=\"t m0 x7 hd yd6d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Fon<span class=\"_ _5\"/>ds de ro<span class=\"_ _5\"/>ulem<span class=\"_ _5\"/>ent de l'<span class=\"_ _5\"/>Etat po<span class=\"_ _5\"/>ur la fo<span class=\"_ _5\"/>urni<span class=\"_ _5\"/>ture de<span class=\"_ _5\"/>s se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices p<span class=\"_ _5\"/>os<span class=\"_ _5\"/>taux</div>\n<div class=\"t m0 x7 hd yd6e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">financier<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x55 hd yd6d ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">18,8<span class=\"_ _1f5\"> </span><span class=\"ls0 ws0\"> 18<span class=\"_ _5\"/>,8 </span></div>\n<div class=\"t m0 x7 hd yd6f ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Cautions<span class=\"_ _26d\"> </span><span class=\"ls43 ws4d\">11,<span class=\"_ _5\"/>5<span class=\"_ _1ce\"> </span><span class=\"ls0 ws0\"> 11<span class=\"_ _5\"/>,3 </span></span></div>\n<div class=\"t m0 x7 hd yd70 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions (hors frais terminaux)<span class=\"_ _146\"> </span><span class=\"ls16 ws18\">181,8<span class=\"_ _1e8\"> </span><span class=\"ls2a ws2c\"> 179<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hd yd71 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Produits repor<span class=\"_ _5\"/>t\u00e9s<span class=\"_ _26e\"> </span><span class=\"ls28 ws2a\">73,6<span class=\"_ _1f5\"> </span><span class=\"ls0 ws0\"> 75<span class=\"_ _5\"/>,8 </span></span></div>\n<div class=\"t m0 x7 hd yd72 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres dettes<span class=\"_ _26f\"> </span><span class=\"ls7 ws8\">15,<span class=\"_ _5\"/>5<span class=\"_ _1f5\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hf yd73 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES DETTES COURANTES</div>\n<div class=\"t m0 x27 h1b yd74 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">1.494,4<span class=\"_ _1ef\"> </span><span class=\"ls0 ws0\"> 1<span class=\"_ _5\"/>.470,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 541px; height: 301px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 541px; height: 301px; width: 88%; z-index: 5;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 541px; height: 301px; width: 90%; z-index: 4;\"/>\n\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les v<span class=\"_ _5\"/>aleur<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s sont con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>\u00e9es co<span class=\"_ _5\"/>mme une a<span class=\"_ _5\"/>pproxi<span class=\"_ _5\"/>mation r<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>onnable d<span class=\"_ _5\"/>e la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>.</div>\n\n<div/>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es det<span class=\"_ _5\"/>tes co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ciales e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es det<span class=\"_ _5\"/>tes \u00e0 co<span class=\"_ _5\"/>ur<span class=\"_ _5\"/>t term<span class=\"_ _5\"/>e de 23<span class=\"_ _5\"/>,5 m<span class=\"_ _5\"/>EUR \u00e0 1.49<span class=\"_ _5\"/>4,4 mEUR s'exp<span class=\"_ _5\"/>lique p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>paleme<span class=\"_ _5\"/>nt par :</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on de l'encou<span class=\"_ _5\"/>rs de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes sa<span class=\"_ _5\"/>larial<span class=\"_ _5\"/>es et s<span class=\"_ _5\"/>ociale<span class=\"_ _5\"/>s (55,<span class=\"_ _5\"/>2 mEUR), pri<span class=\"_ _5\"/>ncipale<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>ue au rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t du paie<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es pr\u00e9<span class=\"_ _5\"/>compte<span class=\"_ _5\"/>s sur</div>\n<div class=\"t m0 x2a h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sal<span class=\"_ _5\"/>aires (3<span class=\"_ _5\"/>0,6 mEUR), une m<span class=\"_ _5\"/>esure a<span class=\"_ _5\"/>ccord\u00e9<span class=\"_ _5\"/>e par le gou<span class=\"_ _5\"/>vern<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t belge da<span class=\"_ _5\"/>ns le conte<span class=\"_ _5\"/>xte d<span class=\"_ _5\"/>e la cri<span class=\"_ _5\"/>se \u00e9ne<span class=\"_ _5\"/>rg\u00e9t<span class=\"_ _5\"/>ique ; par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>iellem<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>ens<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x2a h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par ;</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>la dimi<span class=\"_ _5\"/>nutio<span class=\"_ _5\"/>n des fr<span class=\"_ _5\"/>ais ter<span class=\"_ _5\"/>minau<span class=\"_ _5\"/>x des op<span class=\"_ _5\"/>\u00e9rate<span class=\"_ _5\"/>urs p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux de 3<span class=\"_ _5\"/>0,8 mEUR e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de l'augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s r\u00e8gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s posit<span class=\"_ _5\"/>ions en s<span class=\"_ _5\"/>us-</div>\n<div class=\"t m0 x2a h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>ns de l'ann\u00e9<span class=\"_ _5\"/>e pr\u00e9c\u00e9<span class=\"_ _5\"/>dente e<span class=\"_ _5\"/>t de la dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>front<span class=\"_ _5\"/>ali\u00e8<span class=\"_ _5\"/>res ;</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>le rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent du fo<span class=\"_ _5\"/>nds de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt de 12,<span class=\"_ _5\"/>0 mEUR (inc<span class=\"_ _5\"/>lus dans le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es det<span class=\"_ _5\"/>tes) de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e au 3 janvie<span class=\"_ _5\"/>r 2022 a<span class=\"_ _5\"/>u mome<span class=\"_ _5\"/>nt de la</div>\n<div class=\"t m0 x2a h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n dans laq<span class=\"_ _5\"/>uelle B<span class=\"_ _5\"/>NP Parib<span class=\"_ _5\"/>as For<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>s a acquis le<span class=\"_ _5\"/>s 50<span class=\"_ _5\"/>% d'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de bp<span class=\"_ _5\"/>ost dan<span class=\"_ _5\"/>s bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que.</div>\n\n<div class=\"t m0 x5 hb y20d ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Pas<span class=\"_ _5\"/>sifs d<span class=\"_ _5\"/>e contra<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x7 hb y5d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd75 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd76 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Tim<span class=\"_ _5\"/>bre<span class=\"_ _5\"/>s vend<span class=\"_ _5\"/>us non u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s et c<span class=\"_ _5\"/>r\u00e9di<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ur mach<span class=\"_ _5\"/>ines \u00e0 a<span class=\"_ _5\"/>ff<span class=\"_ _5\"/>ran<span class=\"_ _5\"/>chir<span class=\"_ _270\"> </span><span class=\"ls3b ws43\">53,1<span class=\"_ _1e2\"> </span><span class=\"ls12 ws14\"> 4<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>9<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hd yd77 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>ifs de c<span class=\"_ _5\"/>ontr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s<span class=\"_ _195\"> </span><span class=\"ls28 ws2a\">18,5<span class=\"_ _1f5\"> </span></span> 2<span class=\"_ _5\"/>5,9</div>\n<div class=\"t m0 x7 hf yd78 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">OBLIGA<span class=\"_ _1\"/>TIONS LI\u00c9ES AUX C<span class=\"_ _d\"/>ONTRA<span class=\"_ _1\"/>TS</div>\n<div class=\"t m0 x170 h1b yd79 ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">71,<span class=\"_ _5\"/>6<span class=\"_ _128\"> </span><span class=\"ls0 ws0\"> 7<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>8</span></div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s d\u00e9j\u00e0 pay\u00e9<span class=\"_ _5\"/>es par le<span class=\"_ _5\"/>s clien<span class=\"_ _5\"/>ts qui o<span class=\"_ _5\"/>nt \u00e9t\u00e9 aff<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>t\u00e9es \u00e0 l'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de pre<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>tion r\u00e9<span class=\"_ _5\"/>sidue<span class=\"_ _5\"/>lle (par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent) ins<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>faite s'\u00e9l\u00e8<span class=\"_ _5\"/>vent</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 53<span class=\"_ _5\"/>,1 mEUR et co<span class=\"_ _5\"/>ncern<span class=\"_ _5\"/>ent pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t les tim<span class=\"_ _5\"/>bres e<span class=\"_ _5\"/>t les cr\u00e9<span class=\"_ _5\"/>dit<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s machin<span class=\"_ _5\"/>es \u00e0 affr<span class=\"_ _5\"/>anch<span class=\"_ _5\"/>ir vendu<span class=\"_ _5\"/>s, mais n<span class=\"_ _5\"/>on enco<span class=\"_ _5\"/>re utili<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r les</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clie<span class=\"_ _5\"/>nts \u00e0 l<span class=\"_ _5\"/>a date de cl\u00f4t<span class=\"_ _5\"/>ure du bila<span class=\"_ _5\"/>n. \u00c0 la f<span class=\"_ _5\"/>in de l'ann\u00e9e<span class=\"_ _5\"/>, l'<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>on de r\u00e9<span class=\"_ _5\"/>sultat p<span class=\"_ _5\"/>our le SIEG a \u00e9<span class=\"_ _5\"/>t\u00e9 remp<span class=\"_ _5\"/>lie et au<span class=\"_ _5\"/>cun pas<span class=\"_ _5\"/>sif de cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s n'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">comptabilis\u00e9.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 117px; height: 230px; width: 88%; z-index: 5;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 117px; height: 380px; width: 90%; z-index: 4;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 117px; height: 965px; width: 92%; z-index: 3;\"/>\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y8f ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.29 <span class=\"_ _4\"> </span>Ac<span class=\"_ _5\"/>ti<span class=\"_ _d\"/>fs et passifs f<span class=\"_ _5\"/>in<span class=\"_ _d\"/>anci<span class=\"_ _d\"/>ers</div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau ci<span class=\"_ _5\"/>-d<span class=\"_ _5\"/>es<span class=\"_ _5\"/>sous do<span class=\"_ _5\"/>nne de<span class=\"_ _5\"/>s infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>ns sur la hi\u00e9<span class=\"_ _5\"/>rarc<span class=\"_ _5\"/>hie d\u2019\u00e9valua<span class=\"_ _5\"/>tion \u00e0 la ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs e<span class=\"_ _5\"/>t pass<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t:</div>\n\n<div class=\"t m0 x7 hb yb ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>021</div>\n<div class=\"t m0 x144 hc yda1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>AT\u00c9GO<span class=\"_ _5\"/>RIS<span class=\"_ _5\"/>\u00c9 \u00c0 LA J<span class=\"_ _5\"/>UST<span class=\"_ _5\"/>E VAL<span class=\"_ _5\"/>EUR</div>\n<div class=\"t m0 x7 hc yda2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _272\"> </span><span class=\"lsf ws11\">VALEUR COMPTABLE</span></div>\n<div class=\"t m0 x4f hc yda3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PR<span class=\"_ _5\"/>IX COT<span class=\"_ _5\"/>\u00c9 SUR U<span class=\"_ _5\"/>N MA<span class=\"_ _5\"/>RCH\u00c9</div>\n<div class=\"t m0 x112 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 1)</div>\n<div class=\"t m0 xd0 hc yda3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE DO<span class=\"_ _5\"/>NN\u00c9<span class=\"_ _5\"/>E SI<span class=\"_ _5\"/>GNI<span class=\"_ _5\"/>FIC<span class=\"_ _5\"/>A-</div>\n<div class=\"t m0 x129 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>VE O<span class=\"_ _5\"/>BSE<span class=\"_ _5\"/>RVA<span class=\"_ _5\"/>BLE (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 2)</div>\n<div class=\"t m0 xa9 hc yda3 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DONN\u00c9E SIGNIFICAT<span class=\"_ _d\"/>IV<span class=\"_ _5\"/>E<span class=\"_ _d\"/> NON</div>\n<div class=\"t m0 xd3 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">OB<span class=\"_ _5\"/>SER V<span class=\"_ _5\"/>ABL<span class=\"_ _5\"/>E (NI<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>AU 3)</div>\n<div class=\"t m0 x7 hc yda4 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S FIN<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VALU<span class=\"_ _5\"/>\u00c9S AU CO<span class=\"_ _5\"/>\u00dbT</div>\n<div class=\"t m0 x7 hc yda5 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">AMORTI</div>\n<div class=\"t m0 x7 hc yda6 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd yda7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _b9\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _32\"> </span></span>14,9<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hc yda8 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd yda9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _21b\"> </span><span class=\"ls22 ws24\">1.<span class=\"_ _5\"/>816,<span class=\"_ _5\"/>6<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1.<span class=\"_ _5\"/>816<span class=\"_ _5\"/>,6<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hf ydaa ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES ACTIFS FINANCIER<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x40 h1b ydab ff7 fs8 fc3 sc0 ls4c ws5a\" style=\"z-index: 15;\">1.831,5<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _129\"> </span></span>1.8<span class=\"_ _5\"/>3<span class=\"_ _d\"/>1,5<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></div>\n<div class=\"t m0 x7 hc ydac ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PA<span class=\"_ _5\"/>SSI<span class=\"_ _5\"/>FS FI<span class=\"_ _5\"/>NA<span class=\"_ _5\"/>NCIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VAL<span class=\"_ _5\"/>U\u00c9S AU C<span class=\"_ _5\"/>O\u00dbT</div>\n<div class=\"t m0 x7 hc ydad ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TI (\u00c0 L<span class=\"_ _d\"/>'E<span class=\"_ _5\"/>XCE<span class=\"_ _5\"/>PTI<span class=\"_ _5\"/>ON DE<span class=\"_ _5\"/>S D\u00c9<span class=\"_ _5\"/>RIV<span class=\"_ _5\"/>\u00c9S)</div>\n<div class=\"t m0 x7 hc ydae ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydaf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _152\"> </span><span class=\"ls14 ws16\">6<span class=\"_ _5\"/>44,<span class=\"_ _5\"/>8<span class=\"_ _273\"> </span><span class=\"ls13 ws15\">666,1<span class=\"_ _ca\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ydb0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _1eb\"> </span><span class=\"ls17 ws19\">6<span class=\"_ _5\"/>49,<span class=\"_ _5\"/>8<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _273\"> </span></span>64<span class=\"_ _5\"/>9,8<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hc ydb1 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydb2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex s<span class=\"_ _5\"/>wap<span class=\"_ _40\"> </span><span class=\"ls18 ws1a\">0,3<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _ca\"> </span>0,<span class=\"_ _5\"/>3<span class=\"_ _274\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd ydb3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex fo<span class=\"_ _5\"/>rw<span class=\"_ _5\"/>ard<span class=\"_ _275\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _274\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd ydb4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _276\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>5<span class=\"_ _2\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _d1\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1<span class=\"_ _5\"/>.<span class=\"_ _2\"/>5<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hf ydb5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ydb6 ff7 fs8 fc3 sc0 ls49 ws57\" style=\"z-index: 15;\">2.882,<span class=\"_ _5\"/>2<span class=\"_ _fc\"> </span><span class=\"ls13 ws15\">666,1<span class=\"_ _103\"> </span><span class=\"ls9d wsaf\">2.23<span class=\"_ _d\"/>7<span class=\"_ _1\"/>,4<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 306px; height: 401px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 306px; height: 446px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 306px; height: 446px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> </div>\n<div class=\"t m0 x5 h10 ydb7 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6 <span class=\"_ _48\"> </span><span class=\"ff8\">La Cour de ju<span class=\"_ _5\"/>stice de l'<span class=\"_ _5\"/>UE trans<span class=\"_ _5\"/>met sa d\u00e9c<span class=\"_ _5\"/>ision \u00e0 la ju<span class=\"_ _5\"/>ridic<span class=\"_ _5\"/>tion de r<span class=\"_ _5\"/>envoi, qui e<span class=\"_ _5\"/>st alor<span class=\"_ _5\"/>s tenue d'e<span class=\"_ _5\"/>x\u00e9cuter l'ar<span class=\"_ _5\"/>r\u00eat.</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 38px; height: 744px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hb yef ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>022</div>\n<div class=\"t m0 x144 hc y81c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>AT\u00c9GO<span class=\"_ _5\"/>RIS<span class=\"_ _5\"/>\u00c9 \u00c0 LA J<span class=\"_ _5\"/>UST<span class=\"_ _5\"/>E VAL<span class=\"_ _5\"/>EUR</div>\n<div class=\"t m0 x7 hc ydb8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _272\"> </span><span class=\"lsf ws11\">VALEUR COMPTABLE</span></div>\n<div class=\"t m0 x4f hc ydb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PR<span class=\"_ _5\"/>IX COT<span class=\"_ _5\"/>\u00c9 SUR U<span class=\"_ _5\"/>N MA<span class=\"_ _5\"/>RCH\u00c9</div>\n<div class=\"t m0 x112 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 1)</div>\n<div class=\"t m0 xd0 hc ydb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE DO<span class=\"_ _5\"/>NN\u00c9<span class=\"_ _5\"/>E SI<span class=\"_ _5\"/>GNI<span class=\"_ _5\"/>FIC<span class=\"_ _5\"/>A-</div>\n<div class=\"t m0 x129 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>VE O<span class=\"_ _5\"/>BSE<span class=\"_ _5\"/>RVA<span class=\"_ _5\"/>BLE (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 2)</div>\n<div class=\"t m0 xa9 hc ydb9 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DONN\u00c9E SIGNIFICAT<span class=\"_ _d\"/>IV<span class=\"_ _5\"/>E<span class=\"_ _d\"/> NON</div>\n<div class=\"t m0 xd3 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">OB<span class=\"_ _5\"/>SER V<span class=\"_ _5\"/>ABL<span class=\"_ _5\"/>E (NI<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>AU 3)</div>\n<div class=\"t m0 x7 hc ydba ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S FIN<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VALU<span class=\"_ _5\"/>\u00c9S AU CO<span class=\"_ _5\"/>\u00dbT</div>\n<div class=\"t m0 x7 hc ydbb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">AMORTI</div>\n<div class=\"t m0 x7 hc ydbc ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydbd ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _b9\"> </span><span class=\"ls17 ws19\">19,9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _137\"> </span></span>19,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd ydbe ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Placemen<span class=\"_ _d\"/>t<span class=\"_ _5\"/>s<span class=\"_ _277\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _274\"> </span> 0,0<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _bf\"> </span>0,1</span></div>\n<div class=\"t m0 x7 hc ydbf ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydc0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _278\"> </span><span class=\"ls2e ws30\">1.988,8<span class=\"_ _274\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1.988,8<span class=\"_ _274\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hf ydc1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES ACTIFS FINANCIER<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x40 h1b ydc2 ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">2.0<span class=\"_ _5\"/>08,9<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _122\"> </span></span>2.0<span class=\"_ _5\"/>08,9<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,1</span></div>\n<div class=\"t m0 x7 hc ydc3 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PA<span class=\"_ _5\"/>SSI<span class=\"_ _5\"/>FS FI<span class=\"_ _5\"/>NA<span class=\"_ _5\"/>NCIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VAL<span class=\"_ _5\"/>U\u00c9S AU C<span class=\"_ _5\"/>O\u00dbT</div>\n<div class=\"t m0 x7 hc ydc4 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TI (\u00c0 L<span class=\"_ _d\"/>'E<span class=\"_ _5\"/>XCE<span class=\"_ _5\"/>PTI<span class=\"_ _5\"/>ON DE<span class=\"_ _5\"/>S D\u00c9<span class=\"_ _5\"/>RIV<span class=\"_ _5\"/>\u00c9S)</div>\n<div class=\"t m0 x7 hc ydc5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydc6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _279\"> </span><span class=\"ls25 ws27\">64<span class=\"_ _5\"/>6,0<span class=\"_ _273\"> </span><span class=\"ls20 ws22\">626<span class=\"_ _5\"/>,0<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ydc7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _1eb\"> </span><span class=\"ls18 ws1a\">5<span class=\"_ _5\"/>60,8<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _273\"> </span>56<span class=\"_ _5\"/>0,8<span class=\"_ _bf\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hc ydc8 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydc9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex s<span class=\"_ _5\"/>wap<span class=\"_ _f0\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,3)<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cb\"> </span></span>(0,<span class=\"_ _5\"/>3)<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hd ydca ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _276\"> </span><span class=\"ls4b ws59\">1.<span class=\"_ _5\"/>801<span class=\"_ _5\"/>,8<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,<span class=\"_ _5\"/>0<span class=\"_ _cc\"> </span></span>1.<span class=\"_ _5\"/>801<span class=\"_ _5\"/>,8<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hf ydcb ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ydcc ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">3.00<span class=\"_ _5\"/>8,2<span class=\"_ _fa\"> </span><span class=\"ls7 ws8\">626<span class=\"_ _5\"/>,0<span class=\"_ _129\"> </span><span class=\"ls26 ws28\">2.362,<span class=\"_ _5\"/>2<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 666px; height: 401px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s couran<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t non cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s \u00e9valu<span class=\"_ _5\"/>\u00e9s \u00e0 leur co<span class=\"_ _5\"/>\u00fbt amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i et celle d<span class=\"_ _5\"/>es pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ants e<span class=\"_ _5\"/>t non cou<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ran<span class=\"_ _5\"/>ts \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur co\u00fbt a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>ti s<span class=\"_ _5\"/>e rapp<span class=\"_ _5\"/>roch<span class=\"_ _5\"/>ent de le<span class=\"_ _5\"/>urs val<span class=\"_ _5\"/>eurs co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>les<span class=\"_ _5\"/>. N\u2019<span class=\"_ _d\"/>\u00e9t<span class=\"_ _5\"/>ant pas \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur dans le b<span class=\"_ _5\"/>ilan, cel<span class=\"_ _5\"/>le-<span class=\"_ _5\"/>ci ne</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">devrait pas \u00eatre publi\u00e9e<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au cou<span class=\"_ _5\"/>rs de la p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>de, il n\u2019y a p<span class=\"_ _5\"/>as eu de t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>fer<span class=\"_ _5\"/>t ent<span class=\"_ _5\"/>re les ni<span class=\"_ _5\"/>veaux d<span class=\"_ _5\"/>e la hi\u00e9r<span class=\"_ _5\"/>archi<span class=\"_ _5\"/>e de jus<span class=\"_ _5\"/>te valeur. Il n\u2019y a par a<span class=\"_ _5\"/>illeur<span class=\"_ _5\"/>s pas eu d<span class=\"_ _5\"/>e change<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s tech<span class=\"_ _5\"/>nique<span class=\"_ _5\"/>s de valo<span class=\"_ _5\"/>risa<span class=\"_ _5\"/>tion e<span class=\"_ _5\"/>t les inpu<span class=\"_ _5\"/>ts ap<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 537px; height: 530px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 537px; height: 530px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 hb y51 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Pas<span class=\"_ _5\"/>sifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ciers \u00e9val<span class=\"_ _5\"/>u\u00e9s au co\u00fbt amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i \u2013 <span class=\"_ _d\"/>non cou<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 la f<span class=\"_ _5\"/>in de l'ann\u00e9<span class=\"_ _5\"/>e 2022<span class=\"_ _5\"/>, les pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s non co<span class=\"_ _5\"/>urant<span class=\"_ _5\"/>s se com<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>aient de :</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Une ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion de 6<span class=\"_ _5\"/>50,0 mEU<span class=\"_ _5\"/>R. L<span class=\"_ _1\"/>'obliga<span class=\"_ _5\"/>tion \u00e0 8 an<span class=\"_ _5\"/>s a \u00e9t\u00e9 \u00e9mi<span class=\"_ _5\"/>se en juill<span class=\"_ _5\"/>et 2018 avec un co<span class=\"_ _5\"/>upon de 1<span class=\"_ _5\"/>,2<span class=\"_ _5\"/>5%. En p<span class=\"_ _5\"/>r\u00e9vi<span class=\"_ _5\"/>sion de ce<span class=\"_ _5\"/>tte \u00e9<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ion, en</div>\n<div class=\"t m0 x2a h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f\u00e9v<span class=\"_ _5\"/>rier 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>18<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t a concl<span class=\"_ _5\"/>u un swap d<span class=\"_ _5\"/>e taux d'i<span class=\"_ _5\"/>nt\u00e9r\u00eat \u00e0 t<span class=\"_ _5\"/>erme p<span class=\"_ _5\"/>our 10 ans ave<span class=\"_ _5\"/>c un mon<span class=\"_ _5\"/>tant no<span class=\"_ _5\"/>minal de 6<span class=\"_ _5\"/>00,<span class=\"_ _5\"/>0 mEUR pou<span class=\"_ _5\"/>r couvr<span class=\"_ _5\"/>ir le ri<span class=\"_ _5\"/>sque</div>\n<div class=\"t m0 x2a h8 y56 ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">d'in<span class=\"_ _d\"/>t\u00e9r\u00eat de l'<span class=\"_ _1\"/>obligation.</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s li\u00e9s au<span class=\"_ _5\"/>x contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion : 53<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>9 mEUR</div>\n\n<div class=\"t m0 x5 hb y59 ff7 fs6 fc3 sc0 lsa0 wsdd\" style=\"z-index: 15;\">Instrument<span class=\"_ _5\"/>s <span class=\"_ _d\"/>d\u00e9riv\u00e9s</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>e \u00e0 cer<span class=\"_ _5\"/>tai<span class=\"_ _5\"/>ns ris<span class=\"_ _5\"/>ques l<span class=\"_ _5\"/>i\u00e9s \u00e0 se<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivi<span class=\"_ _5\"/>t\u00e9s comm<span class=\"_ _5\"/>erciale<span class=\"_ _5\"/>s quot<span class=\"_ _5\"/>idienn<span class=\"_ _5\"/>es. L<span class=\"_ _5\"/>e prin<span class=\"_ _5\"/>cipal r<span class=\"_ _5\"/>isque g<span class=\"_ _5\"/>\u00e9r\u00e9 avec l<span class=\"_ _5\"/>es ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s d\u00e9r<span class=\"_ _5\"/>iv\u00e9s e<span class=\"_ _5\"/>st</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e change. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t utilis<span class=\"_ _5\"/>e des co<span class=\"_ _5\"/>ntrat<span class=\"_ _5\"/>s de ch<span class=\"_ _5\"/>ange \u00e0 ter<span class=\"_ _5\"/>me et de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s de d\u2019\u00e9change d<span class=\"_ _5\"/>e change p<span class=\"_ _5\"/>our g\u00e9r<span class=\"_ _5\"/>er cer<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>ines de s<span class=\"_ _5\"/>es ex<span class=\"_ _5\"/>posi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns en de<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s. Ce<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s ont \u00e9t\u00e9 s<span class=\"_ _5\"/>ouscr<span class=\"_ _5\"/>it<span class=\"_ _5\"/>s afi<span class=\"_ _5\"/>n de couv<span class=\"_ _5\"/>rir les r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es de ch<span class=\"_ _5\"/>ange li\u00e9<span class=\"_ _5\"/>s aux pr\u00ea<span class=\"_ _5\"/>ts i<span class=\"_ _5\"/>ntrag<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e accord\u00e9<span class=\"_ _5\"/>s par bp<span class=\"_ _5\"/>ost</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 se<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les<span class=\"_ _5\"/>. \u00c0 la fin d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>exe<span class=\"_ _5\"/>rcice 20<span class=\"_ _5\"/>22, l'imp<span class=\"_ _5\"/>act d<span class=\"_ _5\"/>e la jus<span class=\"_ _5\"/>te valeur d<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de chan<span class=\"_ _5\"/>ge \u00e0 term<span class=\"_ _5\"/>e et de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>\u00e9c<span class=\"_ _5\"/>hange de ch<span class=\"_ _5\"/>ange s'est</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>aduit pa<span class=\"_ _5\"/>r une dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>es pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s de 0,<span class=\"_ _5\"/>3 mEUR.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 282px; height: 110px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 hb y60 ff7 fs6 fc3 sc0 ls0 ws3d\" style=\"z-index: 15;\">Pas<span class=\"_ _5\"/>sifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ciers \u00e9val<span class=\"_ _5\"/>u\u00e9s au co\u00fbt amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i \u2013 <span class=\"_ _d\"/>cour<span class=\"_ _5\"/>ants</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, le pr\u00ea<span class=\"_ _5\"/>t \u00e0 term<span class=\"_ _5\"/>e non ga<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>i de 185<span class=\"_ _5\"/>,0 mUSD (ta<span class=\"_ _5\"/>ux d'int\u00e9r<span class=\"_ _5\"/>\u00eat var<span class=\"_ _5\"/>iable) a \u00e9t\u00e9 t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>f\u00e9r\u00e9 d<span class=\"_ _5\"/>es pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s non cou<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>s aux p<span class=\"_ _5\"/>assi<span class=\"_ _5\"/>fs</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers cou<span class=\"_ _5\"/>rant<span class=\"_ _5\"/>s au co\u00fbt a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>ti, c<span class=\"_ _5\"/>ar ce pr\u00ea<span class=\"_ _5\"/>t, qui a d<span class=\"_ _5\"/>\u00e9but\u00e9 le 3 ju<span class=\"_ _5\"/>illet 2018 ave<span class=\"_ _5\"/>c une \u00e9ch<span class=\"_ _5\"/>\u00e9ance d<span class=\"_ _5\"/>e 3 ans et a \u00e9t<span class=\"_ _5\"/>\u00e9 prolon<span class=\"_ _5\"/>g\u00e9 en 2020 ju<span class=\"_ _5\"/>squ'en</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">juille<span class=\"_ _5\"/>t 202<span class=\"_ _5\"/>3, es<span class=\"_ _5\"/>t d\u00fb dans l'ann\u00e9<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le so<span class=\"_ _5\"/>lde de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes li\u00e9<span class=\"_ _5\"/>es au<span class=\"_ _5\"/>x contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e locat<span class=\"_ _5\"/>ion s'\u00e9leva<span class=\"_ _5\"/>it fin 2<span class=\"_ _5\"/>022 \u00e0 1<span class=\"_ _5\"/>34,<span class=\"_ _5\"/>1 mEUR (1<span class=\"_ _d\"/>07<span class=\"_ _d\"/>,<span class=\"_ _5\"/>5 mEUR en 20<span class=\"_ _5\"/>21)<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 5 mai 20<span class=\"_ _5\"/>07<span class=\"_ _1\"/>, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t avait s<span class=\"_ _5\"/>ousc<span class=\"_ _5\"/>rit un pr<span class=\"_ _5\"/>\u00eat de 10<span class=\"_ _5\"/>0,0 mEUR (ta<span class=\"_ _5\"/>ux d\u2019int\u00e9<span class=\"_ _5\"/>r\u00eat va<span class=\"_ _5\"/>riable) au<span class=\"_ _5\"/>pr\u00e8s d<span class=\"_ _5\"/>e la Banq<span class=\"_ _5\"/>ue Europ<span class=\"_ _5\"/>\u00e9enn<span class=\"_ _5\"/>e d'Inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent (BEI). Le</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent annu<span class=\"_ _5\"/>el es<span class=\"_ _5\"/>t de 9,1 mEUR e<span class=\"_ _5\"/>t le der<span class=\"_ _5\"/>nier pai<span class=\"_ _5\"/>ement a e<span class=\"_ _5\"/>u lieu e<span class=\"_ _5\"/>n 2022<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 117px; height: 950px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>30 <span class=\"_ _38\"/>Instruments f<span class=\"_ _5\"/>in<span class=\"_ _d\"/>ancie<span class=\"_ _d\"/>rs et gestion des risques finan<span class=\"_ _d\"/>ciers</div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>e aux r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es de mar<span class=\"_ _5\"/>ch\u00e9 li\u00e9<span class=\"_ _5\"/>s aux f<span class=\"_ _5\"/>luc<span class=\"_ _5\"/>tuatio<span class=\"_ _5\"/>ns des t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>hange, d<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t et de<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x du march<span class=\"_ _5\"/>\u00e9 (pri<span class=\"_ _5\"/>x des</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices p<span class=\"_ _5\"/>ublic<span class=\"_ _5\"/>s). En outre, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t expo<span class=\"_ _5\"/>s\u00e9e a<span class=\"_ _5\"/>ux ris<span class=\"_ _5\"/>ques d<span class=\"_ _5\"/>e cr\u00e9di<span class=\"_ _5\"/>t et de liq<span class=\"_ _5\"/>uidit\u00e9.</div>\n<div class=\"t m0 x5 hb y84 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Risque de ch<span class=\"_ _d\"/>ange</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans s<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s o<span class=\"_ _5\"/>p\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elles e<span class=\"_ _5\"/>t fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t exp<span class=\"_ _5\"/>os\u00e9e a<span class=\"_ _5\"/>ux fl<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>uation<span class=\"_ _5\"/>s de tau<span class=\"_ _5\"/>x de chang<span class=\"_ _5\"/>e qui impac<span class=\"_ _5\"/>tent l<span class=\"_ _5\"/>e bilan et l<span class=\"_ _5\"/>e compte de</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">r\u00e9sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ces r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ues de ch<span class=\"_ _5\"/>ange cons<span class=\"_ _5\"/>iste<span class=\"_ _5\"/>nt en (i) un r<span class=\"_ _5\"/>isque t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>el li\u00e9 au<span class=\"_ _5\"/>x ac<span class=\"_ _5\"/>tivit<span class=\"_ _5\"/>\u00e9s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lles ayan<span class=\"_ _5\"/>t un flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>n devis<span class=\"_ _5\"/>e \u00e9tr<span class=\"_ _5\"/>an-</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">g\u00e8re e<span class=\"_ _5\"/>t (ii) un ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion li\u00e9 \u00e0 l<span class=\"_ _5\"/>a conso<span class=\"_ _5\"/>lidatio<span class=\"_ _5\"/>n en Euro de<span class=\"_ _5\"/>s fil<span class=\"_ _5\"/>iales do<span class=\"_ _5\"/>nt la dev<span class=\"_ _5\"/>ise fo<span class=\"_ _5\"/>nct<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle n\u2019<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t pas l\u2019<span class=\"_ _5\"/>Euro (devis<span class=\"_ _5\"/>e fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nnell<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de bp<span class=\"_ _5\"/>ost). L<span class=\"_ _5\"/>a plus im<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>nte exp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on au ri<span class=\"_ _5\"/>sque de c<span class=\"_ _5\"/>hange cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>pond a<span class=\"_ _5\"/>u risq<span class=\"_ _5\"/>ue de conve<span class=\"_ _5\"/>rsio<span class=\"_ _5\"/>n des USD (au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2021 1 EUR =</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1,1<span class=\"_ _5\"/>326 USD par r<span class=\"_ _5\"/>app<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2 1 EUR = 1,0<span class=\"_ _5\"/>66<span class=\"_ _5\"/>6 USD et moy<span class=\"_ _5\"/>enne an<span class=\"_ _5\"/>nuelle - c'es<span class=\"_ _5\"/>t-\u00e0-<span class=\"_ _5\"/>dire la m<span class=\"_ _5\"/>oyenne m<span class=\"_ _5\"/>ensu<span class=\"_ _5\"/>elle div<span class=\"_ _5\"/>is\u00e9<span class=\"_ _5\"/>e par 12 -</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r 2022 1 EUR = 1<span class=\"_ _5\"/>,05 USD pa<span class=\"_ _5\"/>r rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t \u00e0 2021 1EUR = 1,1<span class=\"_ _5\"/>8 USD)<span class=\"_ _d\"/>, sa<span class=\"_ _5\"/>ns \u00e9l\u00e9m<span class=\"_ _5\"/>ent mo<span class=\"_ _5\"/>n\u00e9ta<span class=\"_ _5\"/>ire mat\u00e9r<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>.</div>\n\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s inst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e couve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ure son<span class=\"_ _5\"/>t mis en pl<span class=\"_ _5\"/>ace pour s<span class=\"_ _5\"/>e prot\u00e9<span class=\"_ _5\"/>ger de ces r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ues<span class=\"_ _5\"/>.bpos<span class=\"_ _5\"/>t util<span class=\"_ _5\"/>ise de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e change \u00e0 te<span class=\"_ _5\"/>rme e<span class=\"_ _5\"/>t des con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de s<span class=\"_ _5\"/>wap de cha<span class=\"_ _5\"/>nge pour g<span class=\"_ _5\"/>\u00e9rer ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>aine<span class=\"_ _5\"/>s de se<span class=\"_ _5\"/>s exp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>ns en de<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8r<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ces co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts on<span class=\"_ _5\"/>t \u00e9t\u00e9 sou<span class=\"_ _5\"/>scr<span class=\"_ _5\"/>its af<span class=\"_ _5\"/>in de co<span class=\"_ _5\"/>uvr<span class=\"_ _5\"/>ir les r<span class=\"_ _5\"/>isque<span class=\"_ _5\"/>s de chan<span class=\"_ _5\"/>ge li\u00e9s au<span class=\"_ _5\"/>x pr\u00eat<span class=\"_ _5\"/>s inte<span class=\"_ _5\"/>rentr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises a<span class=\"_ _5\"/>ccord\u00e9<span class=\"_ _5\"/>s par bp<span class=\"_ _5\"/>ost \u00e0 s<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>iliales<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 2018, bp<span class=\"_ _5\"/>ost a co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ct\u00e9 un p<span class=\"_ _5\"/>r\u00eat ban<span class=\"_ _5\"/>cair<span class=\"_ _5\"/>e en USD, d\u2019une matu<span class=\"_ _5\"/>rit\u00e9 de 3 a<span class=\"_ _5\"/>ns, ave<span class=\"_ _5\"/>c deux e<span class=\"_ _5\"/>xt<span class=\"_ _5\"/>ensio<span class=\"_ _5\"/>ns pos<span class=\"_ _5\"/>sible<span class=\"_ _5\"/>s, cha<span class=\"_ _5\"/>cune d\u2019un an<span class=\"_ _5\"/>. Outr<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>\u00e9mi<span class=\"_ _5\"/>s-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sion o<span class=\"_ _5\"/>bliga<span class=\"_ _5\"/>taire, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t, do<span class=\"_ _5\"/>nt l\u2019EUR es<span class=\"_ _5\"/>t la de<span class=\"_ _5\"/>vise f<span class=\"_ _5\"/>onc<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elle, a em<span class=\"_ _5\"/>prun<span class=\"_ _5\"/>t\u00e9 en USD af<span class=\"_ _5\"/>in de re<span class=\"_ _5\"/>finan<span class=\"_ _5\"/>cer l\u2019acquis<span class=\"_ _5\"/>ition d<span class=\"_ _5\"/>e novemb<span class=\"_ _5\"/>re 201<span class=\"_ _1\"/>7 d<span class=\"_ _5\"/>e Radial</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Hold<span class=\"_ _5\"/>ings<span class=\"_ _5\"/>, LP<span class=\"_ _3b\"/>. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a empr<span class=\"_ _5\"/>unt\u00e9 une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie en USD p<span class=\"_ _5\"/>our r\u00e9<span class=\"_ _5\"/>duire le r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e diff\u00e9r<span class=\"_ _5\"/>ences d<span class=\"_ _5\"/>e change s<span class=\"_ _5\"/>ur les op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ions \u00e0 l\u2019\u00e9tr<span class=\"_ _5\"/>anger, et don<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9al<span class=\"_ _5\"/>is\u00e9 une co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e de son inv<span class=\"_ _5\"/>est<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t net<span class=\"_ _5\"/>. Par cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nt, la p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tion e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de<span class=\"_ _5\"/>s var<span class=\"_ _5\"/>iation<span class=\"_ _5\"/>s de la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur de l\u2019ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument de co<span class=\"_ _5\"/>u-</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>e dans le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal<span class=\"_ _5\"/>. Le mont<span class=\"_ _5\"/>ant not<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>l de la cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture s\u2019\u00e9lev<span class=\"_ _5\"/>ait \u00e0 143,0 mUS<span class=\"_ _5\"/>D, tandi<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que la v<span class=\"_ _5\"/>aleur co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>le conver<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e en Euros s\u2019\u00e9lev<span class=\"_ _5\"/>ait \u00e0 13<span class=\"_ _5\"/>4,1 m<span class=\"_ _5\"/>EUR. Au 31 d<span class=\"_ _5\"/>\u00e9cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2, la per<span class=\"_ _5\"/>te n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te sur la r\u00e9<span class=\"_ _5\"/>\u00e9valua<span class=\"_ _5\"/>tion du p<span class=\"_ _5\"/>r\u00eat en US<span class=\"_ _5\"/>D<span class=\"_ _d\"/>,</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e da<span class=\"_ _5\"/>ns les au<span class=\"_ _5\"/>tres \u00e9<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>nts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al et cumu<span class=\"_ _5\"/>l\u00e9 dans le<span class=\"_ _5\"/>s \u00e9car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s de conve<span class=\"_ _5\"/>rsi<span class=\"_ _5\"/>on de dev<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s, s'\u00e9leva<span class=\"_ _5\"/>it \u00e0 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>8 mEUR. En 2<span class=\"_ _5\"/>022, il</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u2019y a pa<span class=\"_ _5\"/>s eu de par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie non eff<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ace.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 642px; height: 200px; width: 88%; z-index: 5;\"><br/></div>\n\n\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau su<span class=\"_ _5\"/>ivant m<span class=\"_ _5\"/>ontre l<span class=\"_ _5\"/>a sens<span class=\"_ _5\"/>ibilit\u00e9 \u00e0 un c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent ra<span class=\"_ _5\"/>isonna<span class=\"_ _5\"/>ble du ta<span class=\"_ _5\"/>ux de cha<span class=\"_ _5\"/>nge USD, toute<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s res<span class=\"_ _5\"/>tant con<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ntes<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t de la var<span class=\"_ _5\"/>iatio<span class=\"_ _5\"/>n des USD s<span class=\"_ _5\"/>ur l\u2019EBI<span class=\"_ _5\"/>T et les c<span class=\"_ _5\"/>apita<span class=\"_ _5\"/>ux pro<span class=\"_ _5\"/>pres (apr<span class=\"_ _5\"/>\u00e8s consi<span class=\"_ _5\"/>d\u00e9r<span class=\"_ _5\"/>ation de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure d\u2019inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te) des f<span class=\"_ _5\"/>iliales e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>\u00e9riq<span class=\"_ _5\"/>ue du Nor<span class=\"_ _5\"/>d en 202<span class=\"_ _5\"/>2 repr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>te le ris<span class=\"_ _5\"/>que de conve<span class=\"_ _5\"/>rsi<span class=\"_ _5\"/>on. L<span class=\"_ _3b\"/>\u2019exp<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ion du gro<span class=\"_ _5\"/>upe au<span class=\"_ _5\"/>x varia<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e change d<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res de<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>s n\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st pa<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">mat\u00e9riel.</div>\n<div class=\"t m0 x7 hb y430 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ydcd ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _27a\"> </span><span class=\"ff7 ls0 ws0\">+5% U<span class=\"_ _5\"/>SD VS E<span class=\"_ _5\"/>UR<span class=\"_ _273\"> </span> \u2013 5% USD V<span class=\"_ _5\"/>S EUR</span></div>\n<div class=\"t m0 x7 hd ydce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ef<span class=\"_ _5\"/>fet su<span class=\"_ _5\"/>r EBIT<span class=\"_ _27b\"> </span><span class=\"ls2b ws2d\">(5,<span class=\"_ _5\"/>2)<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">5<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd ydcf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ef<span class=\"_ _5\"/>fet su<span class=\"_ _5\"/>r les ca<span class=\"_ _5\"/>pit<span class=\"_ _5\"/>aux pr<span class=\"_ _5\"/>opre<span class=\"_ _5\"/>s du gro<span class=\"_ _5\"/>upe<span class=\"_ _5\"/>, couve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ure d'in<span class=\"_ _5\"/>ves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent ne<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x7 hd ydd0 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">consid\u00e9r\u00e9e</div>\n<div class=\"t m0 xd8 hd ydd1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(26,<span class=\"_ _5\"/>2)<span class=\"_ _1de\"> </span><span class=\"ls1d ws1f\">28,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 445px; height: 187px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 hb y57 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Ris<span class=\"_ _5\"/>que du ta<span class=\"_ _5\"/>ux d\u2019int\u00e9r<span class=\"_ _5\"/>\u00eat</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t aus<span class=\"_ _5\"/>si dire<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>xpos<span class=\"_ _5\"/>\u00e9e au<span class=\"_ _5\"/>x flu<span class=\"_ _5\"/>ctuat<span class=\"_ _5\"/>ions du t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019int\u00e9r\u00ea<span class=\"_ _5\"/>t au trav<span class=\"_ _5\"/>ers de s<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>inance<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>ter<span class=\"_ _5\"/>nes<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t at<span class=\"_ _5\"/>t\u00e9nue ce<span class=\"_ _5\"/>pen<span class=\"_ _5\"/>dant ce</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ris<span class=\"_ _5\"/>que en a<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>ignant un \u00e9<span class=\"_ _5\"/>quilibr<span class=\"_ _5\"/>e entre l<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x fi<span class=\"_ _5\"/>xes et v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>les. A<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent, ce<span class=\"_ _5\"/>t \u00e9quil<span class=\"_ _5\"/>ibre re<span class=\"_ _5\"/>pose p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent sur de<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x fix<span class=\"_ _5\"/>es, ma<span class=\"_ _5\"/>is il</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>ut \u00e9volu<span class=\"_ _5\"/>er en fon<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de la si<span class=\"_ _5\"/>tuatio<span class=\"_ _5\"/>n du march<span class=\"_ _5\"/>\u00e9.</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Af<span class=\"_ _5\"/>in de g\u00e9<span class=\"_ _5\"/>rer la s<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>e du tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t de sa de<span class=\"_ _5\"/>tte, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t peu<span class=\"_ _5\"/>t utilis<span class=\"_ _5\"/>er des i<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure tel<span class=\"_ _5\"/>s que des s<span class=\"_ _5\"/>waps d<span class=\"_ _5\"/>e taux d'i<span class=\"_ _5\"/>nt\u00e9r\u00ea<span class=\"_ _5\"/>t.</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ute mod<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n subs<span class=\"_ _5\"/>tanti<span class=\"_ _5\"/>elle de la s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ure du ta<span class=\"_ _5\"/>ux req<span class=\"_ _5\"/>uier<span class=\"_ _5\"/>t la va<span class=\"_ _5\"/>lidatio<span class=\"_ _5\"/>n pr\u00e9ala<span class=\"_ _5\"/>ble du Com<span class=\"_ _5\"/>it\u00e9 Ex<span class=\"_ _5\"/>\u00e9cuti<span class=\"_ _5\"/>f du Grou<span class=\"_ _5\"/>pe.</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Fin 20<span class=\"_ _d\"/>22, le financemen<span class=\"_ _d\"/>t externe consistait en<span class=\"_ _d\"/>:</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>18<span class=\"_ _5\"/>5,0 mUSD de p<span class=\"_ _5\"/>r\u00eat \u00e0 te<span class=\"_ _5\"/>rme no<span class=\"_ _5\"/>n gara<span class=\"_ _5\"/>nti (tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t var<span class=\"_ _5\"/>iable). Ce pr\u00ea<span class=\"_ _5\"/>t a d\u00e9bu<span class=\"_ _5\"/>t\u00e9 le 3 juillet 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>18 ave<span class=\"_ _5\"/>c une \u00e9c<span class=\"_ _5\"/>h\u00e9ance d<span class=\"_ _5\"/>e 3 ans et a \u00e9<span class=\"_ _5\"/>t\u00e9 pro<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y62 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">long\u00e9 en 2020 jusqu\u2019en juillet 202<span class=\"_ _5\"/>3.</div>\n\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>65<span class=\"_ _5\"/>0,0 mEUR d'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>ns. L<span class=\"_ _1\"/>'oblig<span class=\"_ _5\"/>ation \u00e0 8 a<span class=\"_ _5\"/>ns a \u00e9t\u00e9 \u00e9m<span class=\"_ _5\"/>ise en ju<span class=\"_ _5\"/>illet 2018 ave<span class=\"_ _5\"/>c un coupo<span class=\"_ _5\"/>n de 1,<span class=\"_ _5\"/>25%<span class=\"_ _5\"/>. En pr\u00e9v<span class=\"_ _5\"/>ision d<span class=\"_ _5\"/>e cet<span class=\"_ _5\"/>te \u00e9mis<span class=\"_ _5\"/>sion, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x2a h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">a conc<span class=\"_ _5\"/>lu en f\u00e9v<span class=\"_ _5\"/>rier 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>18 un s<span class=\"_ _5\"/>wap de t<span class=\"_ _5\"/>aux d'int\u00e9<span class=\"_ _5\"/>r\u00eat \u00e0 ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur 10 ans ave<span class=\"_ _5\"/>c un mont<span class=\"_ _5\"/>ant nomi<span class=\"_ _5\"/>nal de 60<span class=\"_ _5\"/>0,0 m<span class=\"_ _5\"/>EUR. L<span class=\"_ _5\"/>a tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion a \u00e9<span class=\"_ _5\"/>t\u00e9 con<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>act\u00e9<span class=\"_ _5\"/>e af<span class=\"_ _5\"/>in de couv<span class=\"_ _5\"/>rir le r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t sur l'\u00e9miss<span class=\"_ _5\"/>ion env<span class=\"_ _5\"/>isag\u00e9<span class=\"_ _5\"/>e d'une obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n \u00e0 long ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur ref<span class=\"_ _5\"/>inance<span class=\"_ _5\"/>r le cr\u00e9<span class=\"_ _5\"/>dit-pon<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>ac-</div>\n<div class=\"t m0 x2a h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">quis<span class=\"_ _5\"/>ition co<span class=\"_ _5\"/>nclu en n<span class=\"_ _5\"/>ovembr<span class=\"_ _5\"/>e 201<span class=\"_ _1\"/>7 po<span class=\"_ _5\"/>ur l'acquisit<span class=\"_ _5\"/>ion de R<span class=\"_ _5\"/>adial. E<span class=\"_ _5\"/>n juillet 2018<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t a \u00e9mis un<span class=\"_ _5\"/>e oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e 650,<span class=\"_ _5\"/>0 mEUR \u00e0 8 ans<span class=\"_ _5\"/>. \u00c0 cet<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x2a h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">occ<span class=\"_ _5\"/>asion<span class=\"_ _5\"/>, le swa<span class=\"_ _5\"/>p de tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t a \u00e9t\u00e9 d\u00e9n<span class=\"_ _5\"/>ou\u00e9 et r<span class=\"_ _5\"/>\u00e9gl\u00e9 via u<span class=\"_ _5\"/>n paiem<span class=\"_ _5\"/>ent de 21,<span class=\"_ _5\"/>5 mEUR r<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>ti e<span class=\"_ _5\"/>ntre une p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie eff<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tive de 2<span class=\"_ _5\"/>0,0 mEUR et</div>\n<div class=\"t m0 x2a h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie ine<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tive d<span class=\"_ _5\"/>e 1,5 m<span class=\"_ _5\"/>EUR. L<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie in<span class=\"_ _5\"/>eff<span class=\"_ _5\"/>icace a \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at. L<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure</div>\n<div class=\"t m0 x2a h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de f<span class=\"_ _5\"/>lux de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>rer<span class=\"_ _5\"/>ie (20,0 mEUR) a \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dan<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res \u00e9<span class=\"_ _5\"/>l\u00e9men<span class=\"_ _5\"/>ts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at globa<span class=\"_ _5\"/>l (le mont<span class=\"_ _5\"/>ant ne<span class=\"_ _5\"/>t d'imp\u00f4t e<span class=\"_ _5\"/>st de 14,<span class=\"_ _5\"/>8 mEUR)</div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en t<span class=\"_ _5\"/>ant que r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure de f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e. Cet<span class=\"_ _5\"/>te couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ture de f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie es<span class=\"_ _5\"/>t recl<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9e en r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at au cour<span class=\"_ _5\"/>s des m\u00ea<span class=\"_ _5\"/>mes</div>\n<div class=\"t m0 x2a h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>es que le<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>erie d<span class=\"_ _5\"/>es obli<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>ns \u00e0 long te<span class=\"_ _5\"/>rme qui a<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tero<span class=\"_ _5\"/>nt le r\u00e9s<span class=\"_ _5\"/>ultat sur 8 a<span class=\"_ _5\"/>ns \u00e0 compte<span class=\"_ _5\"/>r de leur da<span class=\"_ _5\"/>te d'<span class=\"_ _d\"/>\u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>on. En</div>\n<div class=\"t m0 x2a h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2, un mon<span class=\"_ _5\"/>tant ne<span class=\"_ _5\"/>t de 1,<span class=\"_ _5\"/>9 mEUR a \u00e9t\u00e9 re<span class=\"_ _5\"/>clas<span class=\"_ _5\"/>s\u00e9 dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 72px; height: 155px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 72px; height: 980px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 72px; height: 1010px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 72px; height: 1010px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau ci<span class=\"_ _5\"/>-d<span class=\"_ _5\"/>es<span class=\"_ _5\"/>sous ill<span class=\"_ _5\"/>ustr<span class=\"_ _5\"/>e l'impac<span class=\"_ _5\"/>t d'une va<span class=\"_ _5\"/>riatio<span class=\"_ _5\"/>n des t<span class=\"_ _5\"/>aux d'int\u00e9<span class=\"_ _5\"/>r\u00eat de 5<span class=\"_ _5\"/>0 bps (de 1 % \u00e0 1,<span class=\"_ _5\"/>5 % par e<span class=\"_ _5\"/>xemple) sur l<span class=\"_ _5\"/>a det<span class=\"_ _5\"/>te exp<span class=\"_ _5\"/>os\u00e9<span class=\"_ _5\"/>e aux ta<span class=\"_ _5\"/>ux</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>c'es<span class=\"_ _5\"/>t-\u00e0-<span class=\"_ _5\"/>dire l\u2019empr<span class=\"_ _5\"/>unt \u00e0 ter<span class=\"_ _5\"/>me en USD). L<span class=\"_ _3b\"/>\u2019i<span class=\"_ _5\"/>nt\u00e9r\u00eat e<span class=\"_ _5\"/>st c<span class=\"_ _5\"/>alcul\u00e9 e<span class=\"_ _5\"/>n tant qu\u2019<span class=\"_ _5\"/>Eurib<span class=\"_ _5\"/>or<span class=\"_ _d\"/>/USD L<span class=\"_ _5\"/>ibor a<span class=\"_ _5\"/>uquel o<span class=\"_ _5\"/>n ajoute l<span class=\"_ _5\"/>a marge. L<span class=\"_ _5\"/>a marge \u00e9<span class=\"_ _5\"/>tant</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>\u00e9e dans l<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at, l'analy<span class=\"_ _5\"/>se de se<span class=\"_ _5\"/>nsibi<span class=\"_ _5\"/>lit\u00e9 ne s'appli<span class=\"_ _5\"/>que qu\u2019\u00e0 l\u2019Eur<span class=\"_ _5\"/>ibor/USD Li<span class=\"_ _5\"/>bor<span class=\"_ _d\"/>, r\u00e9<span class=\"_ _5\"/>put\u00e9 \u201c<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x de bas<span class=\"_ _5\"/>e\u201d<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x7 hb y84 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ydd2 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _b5\"> </span><span class=\"ff7\">S<span class=\"_ _5\"/>ENS<span class=\"_ _5\"/>IB<span class=\"_ _5\"/>ILIT<span class=\"_ _5\"/>\u00c9 \u00c0 UN MO<span class=\"_ _5\"/>UV<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT DE  \u2013 5<span class=\"_ _5\"/>0 BPS D<span class=\"_ _5\"/>ES TAU<span class=\"_ _5\"/>X D'IN<span class=\"_ _5\"/>T\u00c9R<span class=\"_ _5\"/>\u00caT </span></div>\n<div class=\"t m0 x5f hc ydd3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DU M<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>CH\u00c9</div>\n<div class=\"t m0 x12 hc ydd2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SE<span class=\"_ _5\"/>NSI<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IT\u00c9 \u00c0 UN M<span class=\"_ _5\"/>OU<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>MENT D<span class=\"_ _5\"/>E +50 B<span class=\"_ _5\"/>PS D<span class=\"_ _5\"/>ES TAUX D<span class=\"_ _5\"/>'INT<span class=\"_ _5\"/>\u00c9R\u00ca<span class=\"_ _5\"/>T DU</div>\n<div class=\"t m0 x109 hc ydd3 ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">MARCH\u00c9</div>\n<div class=\"t m0 x7 hd ydd4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act s<span class=\"_ _5\"/>ur les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s<span class=\"_ _5b\"> </span>(0,<span class=\"_ _5\"/>8)<span class=\"_ _27c\"> </span><span class=\"ls18 ws1a\">0,8</span></div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s de bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>ont aus<span class=\"_ _5\"/>si inf<span class=\"_ _5\"/>luen<span class=\"_ _5\"/>c\u00e9s par l\u2019\u00e9volu<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on utili<span class=\"_ _5\"/>s\u00e9s p<span class=\"_ _5\"/>our d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>er l\u2019<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>on li\u00e9<span class=\"_ _5\"/>e aux</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">avan<span class=\"_ _5\"/>tages a<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el. Au 31 d<span class=\"_ _5\"/>\u00e9cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2, une aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e 50 bps d<span class=\"_ _5\"/>es ta<span class=\"_ _5\"/>ux d\u2019act<span class=\"_ _5\"/>ualisat<span class=\"_ _5\"/>ion moy<span class=\"_ _5\"/>ens g\u00e9n<span class=\"_ _5\"/>\u00e9rer<span class=\"_ _5\"/>ait une di<span class=\"_ _5\"/>minuti<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res de 1<span class=\"_ _5\"/>2,8 m<span class=\"_ _5\"/>EUR. Une d<span class=\"_ _5\"/>iminut<span class=\"_ _5\"/>ion de 50 b<span class=\"_ _5\"/>ps des t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion moy<span class=\"_ _5\"/>ens aug<span class=\"_ _5\"/>menter<span class=\"_ _5\"/>ait la ch<span class=\"_ _5\"/>arge f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>i\u00e8re de</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">13<span class=\"_ _5\"/>,9 mEUR<span class=\"_ _5\"/>. Pour p<span class=\"_ _5\"/>lus de d\u00e9<span class=\"_ _5\"/>tail<span class=\"_ _5\"/>s, voir n<span class=\"_ _5\"/>ote 6.<span class=\"_ _5\"/>26 Avant<span class=\"_ _5\"/>ages au p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l.</div>\n<div class=\"t m0 x5 hb y7 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res ris<span class=\"_ _5\"/>ques li<span class=\"_ _5\"/>\u00e9s au march<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>robab<span class=\"_ _5\"/>ilit\u00e9 d\u2019une int<span class=\"_ _5\"/>err<span class=\"_ _5\"/>uptio<span class=\"_ _5\"/>n prolo<span class=\"_ _5\"/>ng\u00e9e de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivit<span class=\"_ _5\"/>\u00e9s due \u00e0 de<span class=\"_ _5\"/>s ph\u00e9<span class=\"_ _5\"/>nom\u00e8<span class=\"_ _5\"/>nes nat<span class=\"_ _5\"/>urel<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tr\u00eam<span class=\"_ _5\"/>es (par e<span class=\"_ _5\"/>xemple u<span class=\"_ _5\"/>n incend<span class=\"_ _5\"/>ie, une in<span class=\"_ _5\"/>ondat<span class=\"_ _5\"/>ion,</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une te<span class=\"_ _5\"/>mp\u00eate<span class=\"_ _5\"/>, une pan<span class=\"_ _5\"/>d\u00e9mie, u<span class=\"_ _5\"/>ne augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s prob<span class=\"_ _5\"/>l\u00e8me<span class=\"_ _5\"/>s de sant\u00e9 d<span class=\"_ _5\"/>es colla<span class=\"_ _5\"/>bor<span class=\"_ _5\"/>ateurs e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de la p<span class=\"_ _5\"/>ollut<span class=\"_ _5\"/>ion) est d<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>e plus imp<span class=\"_ _5\"/>or-</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>te. bpo<span class=\"_ _5\"/>st s\u2019effor<span class=\"_ _5\"/>ce de pr\u00e9ve<span class=\"_ _5\"/>nir<span class=\"_ _d\"/>, dan<span class=\"_ _5\"/>s la mesu<span class=\"_ _5\"/>re du pos<span class=\"_ _5\"/>sible<span class=\"_ _5\"/>, les dom<span class=\"_ _5\"/>mages a<span class=\"_ _5\"/>ux b\u00e2tim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et les i<span class=\"_ _5\"/>nterr<span class=\"_ _5\"/>upti<span class=\"_ _5\"/>ons d\u2019expl<span class=\"_ _5\"/>oitat<span class=\"_ _5\"/>ion par le b<span class=\"_ _5\"/>iais de</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pro<span class=\"_ _5\"/>gramm<span class=\"_ _5\"/>es de p<span class=\"_ _5\"/>r\u00e9vent<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ur<span class=\"_ _5\"/>gence. L<span class=\"_ _5\"/>es cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nces n\u00e9<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>ves de ce<span class=\"_ _5\"/>s ris<span class=\"_ _5\"/>ques s<span class=\"_ _5\"/>ont couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes par d<span class=\"_ _5\"/>es pol<span class=\"_ _5\"/>ices d'as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce. bpo<span class=\"_ _5\"/>stg<span class=\"_ _5\"/>roup</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">a effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>u\u00e9 une \u00e9v<span class=\"_ _5\"/>aluati<span class=\"_ _5\"/>on des r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es clima<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s physi<span class=\"_ _5\"/>ques da<span class=\"_ _5\"/>ns le cad<span class=\"_ _5\"/>re des e<span class=\"_ _5\"/>xigen<span class=\"_ _5\"/>ces de la t<span class=\"_ _5\"/>axin<span class=\"_ _5\"/>omie de l'U<span class=\"_ _5\"/>E sur se<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns belg<span class=\"_ _5\"/>es,</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">af<span class=\"_ _5\"/>in d'\u00e9value<span class=\"_ _5\"/>r les \u00e9v\u00e9<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nts m<span class=\"_ _5\"/>\u00e9t\u00e9o<span class=\"_ _5\"/>rolog<span class=\"_ _5\"/>iques e<span class=\"_ _5\"/>xt<span class=\"_ _5\"/>r\u00eame<span class=\"_ _5\"/>s chro<span class=\"_ _5\"/>nique<span class=\"_ _5\"/>s et aigus r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ant du cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nt climat<span class=\"_ _5\"/>ique. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a mis en pla<span class=\"_ _5\"/>ce des</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">plan<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>at<span class=\"_ _5\"/>t\u00e9nua<span class=\"_ _5\"/>tion p<span class=\"_ _5\"/>our les r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es les p<span class=\"_ _5\"/>lus sus<span class=\"_ _5\"/>ceptib<span class=\"_ _5\"/>les d'augm<span class=\"_ _5\"/>enter a<span class=\"_ _5\"/>u cours de<span class=\"_ _5\"/>s 20 \u00e0 30 p<span class=\"_ _5\"/>rochai<span class=\"_ _5\"/>nes ann<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on du cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clima<span class=\"_ _5\"/>tique s<span class=\"_ _5\"/>elon le s<span class=\"_ _5\"/>c\u00e9nar<span class=\"_ _5\"/>io \u201cBus<span class=\"_ _5\"/>ines<span class=\"_ _5\"/>s As U<span class=\"_ _5\"/>sual\u201d (sc\u00e9<span class=\"_ _5\"/>nario d<span class=\"_ _5\"/>u pire du GI<span class=\"_ _5\"/>EC)<span class=\"_ _d\"/>, not<span class=\"_ _5\"/>amme<span class=\"_ _5\"/>nt les va<span class=\"_ _5\"/>gues d<span class=\"_ _5\"/>e chaleu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>, le<span class=\"_ _5\"/>s incen<span class=\"_ _5\"/>dies de f<span class=\"_ _5\"/>or\u00eat<span class=\"_ _5\"/>, les fo<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00e9<span class=\"_ _5\"/>cipit<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s inonda<span class=\"_ _5\"/>tions c\u00f4<span class=\"_ _5\"/>ti\u00e8re<span class=\"_ _5\"/>s et f<span class=\"_ _5\"/>luvia<span class=\"_ _5\"/>les et le<span class=\"_ _5\"/>s glis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de terr<span class=\"_ _5\"/>ain. En o<span class=\"_ _5\"/>utre, l<span class=\"_ _5\"/>a str<span class=\"_ _5\"/>at\u00e9gi<span class=\"_ _5\"/>e de dura<span class=\"_ _5\"/>bilit\u00e9 de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t compre<span class=\"_ _5\"/>nd des</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs am<span class=\"_ _5\"/>bitie<span class=\"_ _5\"/>ux de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>es \u00e9mis<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>s de gaz \u00e0 e<span class=\"_ _5\"/>ffet de s<span class=\"_ _5\"/>err<span class=\"_ _5\"/>e (\u201cGES\u201d). b<span class=\"_ _5\"/>post s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ngage \u00e0 f<span class=\"_ _5\"/>aire pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie des a<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>urs le<span class=\"_ _5\"/>s plus ver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s dans</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les p<span class=\"_ _5\"/>ays o\u00f9 elle o<span class=\"_ _5\"/>p\u00e8re e<span class=\"_ _5\"/>n pour<span class=\"_ _5\"/>suiv<span class=\"_ _5\"/>ant son o<span class=\"_ _5\"/>bjec<span class=\"_ _5\"/>tif d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>at<span class=\"_ _5\"/>teindr<span class=\"_ _5\"/>e des \u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>ons net<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s nulles d'ic<span class=\"_ _5\"/>i 204<span class=\"_ _5\"/>0 et de r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>e les \u00e9mi<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns de se<span class=\"_ _5\"/>s prop<span class=\"_ _5\"/>res</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ions de 5<span class=\"_ _5\"/>5% d'ici 203<span class=\"_ _5\"/>0 par ra<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t \u00e0 2019 (conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment \u00e0 l<span class=\"_ _5\"/>a traje<span class=\"_ _5\"/>cto<span class=\"_ _5\"/>ire SBT<span class=\"_ _5\"/>i 1,5<span class=\"_ _5\"/>\u00b0C). bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>time q<span class=\"_ _5\"/>ue ces di<span class=\"_ _5\"/>vers<span class=\"_ _5\"/>es init<span class=\"_ _5\"/>iative<span class=\"_ _5\"/>s ver<span class=\"_ _5\"/>tes</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>eront \u00e0 l'effo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>t mondia<span class=\"_ _5\"/>l visa<span class=\"_ _5\"/>nt \u00e0 r\u00e9du<span class=\"_ _5\"/>ire le chan<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t climati<span class=\"_ _5\"/>que et l'appa<span class=\"_ _5\"/>riti<span class=\"_ _5\"/>on de ph<span class=\"_ _5\"/>\u00e9nom<span class=\"_ _5\"/>\u00e8nes na<span class=\"_ _5\"/>turel<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tr\u00ea<span class=\"_ _5\"/>mes<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Out<span class=\"_ _5\"/>re l\u2019augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on de la fr<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nce des c<span class=\"_ _5\"/>atas<span class=\"_ _5\"/>tro<span class=\"_ _5\"/>phes n<span class=\"_ _5\"/>aturell<span class=\"_ _5\"/>es et de<span class=\"_ _5\"/>s prob<span class=\"_ _5\"/>l\u00e8me<span class=\"_ _5\"/>s de sant<span class=\"_ _5\"/>\u00e9, qui so<span class=\"_ _5\"/>nt ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>s au chang<span class=\"_ _5\"/>ement c<span class=\"_ _5\"/>limati<span class=\"_ _5\"/>que et</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qui p<span class=\"_ _5\"/>ourr<span class=\"_ _5\"/>aient a<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>ter nos o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s, on s\u2019at<span class=\"_ _5\"/>tend aus<span class=\"_ _5\"/>si \u00e0 ce qu<span class=\"_ _5\"/>e les ta<span class=\"_ _5\"/>xes ca<span class=\"_ _5\"/>rbo<span class=\"_ _5\"/>ne, les s<span class=\"_ _5\"/>ys<span class=\"_ _5\"/>t\u00e8me<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>\u00e9c<span class=\"_ _5\"/>hange de qu<span class=\"_ _5\"/>otas d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ion et le<span class=\"_ _5\"/>s tax<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur le<span class=\"_ _5\"/>s car<span class=\"_ _5\"/>bura<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>oient p<span class=\"_ _5\"/>r\u00e9do<span class=\"_ _5\"/>minant<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s r\u00e9gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns \u00e0 venir, alors q<span class=\"_ _5\"/>ue l\u2019<span class=\"_ _d\"/>on co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>ate une hau<span class=\"_ _5\"/>sse s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>ive du pr<span class=\"_ _5\"/>ix du SEQE d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'UE de<span class=\"_ _5\"/>puis l\u2019autom<span class=\"_ _5\"/>ne 2021. L<span class=\"_ _5\"/>e pri<span class=\"_ _5\"/>x moyen du c<span class=\"_ _5\"/>arb<span class=\"_ _5\"/>one es<span class=\"_ _5\"/>t sus<span class=\"_ _5\"/>ceptib<span class=\"_ _5\"/>le d'augmen<span class=\"_ _5\"/>ter jus<span class=\"_ _5\"/>qu\u2019\u00e0 attei<span class=\"_ _5\"/>ndre 10<span class=\"_ _5\"/>0 \u00e0 120 EUR par to<span class=\"_ _5\"/>nne m\u00e9<span class=\"_ _5\"/>triq<span class=\"_ _5\"/>ue d'ici</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">203<span class=\"_ _5\"/>0. En outr<span class=\"_ _5\"/>e, l'UE pr\u00e9<span class=\"_ _5\"/>voit \u00e9g<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt d'inclu<span class=\"_ _5\"/>re le se<span class=\"_ _5\"/>cteu<span class=\"_ _5\"/>r des tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>ans le SEQE de l'<span class=\"_ _5\"/>UE, ce qui au<span class=\"_ _5\"/>ra un impa<span class=\"_ _5\"/>ct pl<span class=\"_ _5\"/>us direc<span class=\"_ _5\"/>t sur n<span class=\"_ _5\"/>os co\u00fbt<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">not<span class=\"_ _5\"/>ammen<span class=\"_ _5\"/>t en ce qui con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>e les car<span class=\"_ _5\"/>bur<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s \u00e0 par<span class=\"_ _5\"/>tir de 20<span class=\"_ _5\"/>27<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les e<span class=\"_ _5\"/>ffet<span class=\"_ _5\"/>s de la ha<span class=\"_ _5\"/>uss<span class=\"_ _5\"/>e des pr<span class=\"_ _5\"/>ix du c<span class=\"_ _5\"/>arbo<span class=\"_ _5\"/>ne sur le<span class=\"_ _5\"/>s entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses s<span class=\"_ _5\"/>eront \u00e0 l<span class=\"_ _5\"/>a fois dy<span class=\"_ _5\"/>namiqu<span class=\"_ _5\"/>es et com<span class=\"_ _5\"/>plexe<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ls7 ws8\">Les co\u00fb<span class=\"_ _d\"/>t<span class=\"_ _5\"/>s<span class=\"_ _d\"/> des entreprises augment<span class=\"_ _d\"/>eront proportionnellement<span class=\"_ _d\"/> aux \u00e9missions<span class=\"_ _d\"/> totales<span class=\"_ _d\"/> qu'<span class=\"_ _d\"/>elles g<span class=\"_ _d\"/>\u00e9n\u00e8rent et \u00e9v<span class=\"_ _d\"/>entuellement<span class=\"_ _d\"/> \u00e0 cell<span class=\"_ _d\"/>es de leu<span class=\"_ _d\"/>rs </span></div>\n<div class=\"t m0 x2a h8 y56 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">fourni<span class=\"_ _5\"/>sseur<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les p<span class=\"_ _5\"/>rix d<span class=\"_ _5\"/>e vente so<span class=\"_ _5\"/>nt susce<span class=\"_ _5\"/>ptib<span class=\"_ _5\"/>les d'augme<span class=\"_ _5\"/>nter en v<span class=\"_ _5\"/>ue de com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>er les a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>ns de co\u00fb<span class=\"_ _5\"/>ts au n<span class=\"_ _5\"/>iveau du s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>teur.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>La d<span class=\"_ _5\"/>emand<span class=\"_ _5\"/>e peut d<span class=\"_ _5\"/>iminuer e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de la s<span class=\"_ _5\"/>ensib<span class=\"_ _5\"/>ilit\u00e9 de<span class=\"_ _5\"/>s client<span class=\"_ _5\"/>s au<span class=\"_ _5\"/>x prix s<span class=\"_ _5\"/>ur chaqu<span class=\"_ _5\"/>e march<span class=\"_ _5\"/>\u00e9 affec<span class=\"_ _5\"/>t\u00e9, ce qui r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>ait les v<span class=\"_ _5\"/>entes e<span class=\"_ _5\"/>t les co\u00fb<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x2a h8 y59 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">des en<span class=\"_ _d\"/>treprises.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st sur<span class=\"_ _5\"/>ve<span class=\"_ _5\"/>ille le ri<span class=\"_ _5\"/>sque li<span class=\"_ _5\"/>\u00e9 au pri<span class=\"_ _5\"/>x du car<span class=\"_ _5\"/>bon<span class=\"_ _5\"/>e et pre<span class=\"_ _5\"/>nd des m<span class=\"_ _5\"/>esure<span class=\"_ _5\"/>s pour r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>e son em<span class=\"_ _5\"/>preinte c<span class=\"_ _5\"/>arb<span class=\"_ _5\"/>one dan<span class=\"_ _5\"/>s le cadr<span class=\"_ _5\"/>e de la st<span class=\"_ _5\"/>rat\u00e9<span class=\"_ _5\"/>gie de</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur<span class=\"_ _5\"/>abilit\u00e9 du g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e. En int\u00e9g<span class=\"_ _5\"/>rant le<span class=\"_ _5\"/>s pr\u00e9v<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>s quant au pr<span class=\"_ _5\"/>ix du c<span class=\"_ _5\"/>arbo<span class=\"_ _5\"/>ne et le<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x intern<span class=\"_ _5\"/>es es<span class=\"_ _5\"/>tim<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r le car<span class=\"_ _5\"/>bone<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t peu<span class=\"_ _5\"/>t antici<span class=\"_ _5\"/>per le</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">co\u00fbt d<span class=\"_ _5\"/>e l'intensi<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es r\u00e9g<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>ns en mat<span class=\"_ _5\"/>i\u00e8re d<span class=\"_ _5\"/>e carb<span class=\"_ _5\"/>one e<span class=\"_ _5\"/>t s'<span class=\"_ _d\"/>adap<span class=\"_ _5\"/>ter aux a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s d'une \u00e9co<span class=\"_ _5\"/>nomie \u00e0 f<span class=\"_ _5\"/>aible \u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>on en ca<span class=\"_ _5\"/>rbo<span class=\"_ _5\"/>ne.</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Out<span class=\"_ _5\"/>re les p<span class=\"_ _5\"/>r\u00e9vis<span class=\"_ _5\"/>ions qua<span class=\"_ _5\"/>nt \u00e0 la tar<span class=\"_ _5\"/>if<span class=\"_ _5\"/>icati<span class=\"_ _5\"/>on du car<span class=\"_ _5\"/>bon<span class=\"_ _5\"/>e, bpo<span class=\"_ _5\"/>st s'effor<span class=\"_ _5\"/>ce \u00e9gale<span class=\"_ _5\"/>ment de r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>e eff<span class=\"_ _5\"/>icace<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>es \u00e9mi<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns. Co<span class=\"_ _5\"/>nscie<span class=\"_ _5\"/>nte de l'im<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pac<span class=\"_ _5\"/>t \u00e9col<span class=\"_ _5\"/>ogique i<span class=\"_ _5\"/>nduit pa<span class=\"_ _5\"/>r la crois<span class=\"_ _5\"/>san<span class=\"_ _5\"/>ce de la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n des col<span class=\"_ _5\"/>is, bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st f<span class=\"_ _5\"/>ix\u00e9 po<span class=\"_ _5\"/>ur obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if en ter<span class=\"_ _5\"/>mes de r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des \u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>ons de CO2</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de dimi<span class=\"_ _5\"/>nuer de 5<span class=\"_ _5\"/>5% les \u00e9<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ions \u00e9m<span class=\"_ _5\"/>anant de<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns prop<span class=\"_ _5\"/>res \u00e0 l'ens<span class=\"_ _5\"/>emble d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>tgr<span class=\"_ _5\"/>oup d'ici 20<span class=\"_ _5\"/>30, par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>t \u00e0 20<span class=\"_ _d\"/>19 (conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 la tr<span class=\"_ _5\"/>ajec<span class=\"_ _5\"/>toire d<span class=\"_ _5\"/>e 1,<span class=\"_ _5\"/>5 degr\u00e9 C<span class=\"_ _5\"/>elsi<span class=\"_ _5\"/>us de la Sc<span class=\"_ _5\"/>ience<span class=\"_ _5\"/>-<span class=\"_ _5\"/>Base<span class=\"_ _5\"/>d T<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>get<span class=\"_ _5\"/>s Initiat<span class=\"_ _5\"/>ive et a<span class=\"_ _5\"/>ux obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs cli<span class=\"_ _5\"/>matiqu<span class=\"_ _5\"/>es de l'Accord de P<span class=\"_ _5\"/>aris). Pour at<span class=\"_ _5\"/>tein<span class=\"_ _5\"/>dre cet</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if, bpos<span class=\"_ _5\"/>t pas<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>a, ent<span class=\"_ _5\"/>re autr<span class=\"_ _5\"/>es, \u00e0 d<span class=\"_ _5\"/>es ca<span class=\"_ _5\"/>mionne<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s 100<span class=\"_ _5\"/>% \u00e9lec<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>iques (<span class=\"_ _5\"/>peti<span class=\"_ _5\"/>tes, m<span class=\"_ _5\"/>oyenn<span class=\"_ _5\"/>es et gr<span class=\"_ _5\"/>ande<span class=\"_ _5\"/>s) d'ici 203<span class=\"_ _5\"/>0.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 237px; height: 845px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 237px; height: 845px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 237px; height: 845px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Risque de cr<span class=\"_ _d\"/>\u00e9dit</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>e aux r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es de cr\u00e9<span class=\"_ _5\"/>dit dan<span class=\"_ _5\"/>s ses ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>vit\u00e9s o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle<span class=\"_ _5\"/>s, dans l<span class=\"_ _5\"/>e placem<span class=\"_ _5\"/>ent et l<span class=\"_ _5\"/>a gest<span class=\"_ _5\"/>ion de s<span class=\"_ _5\"/>es liqu<span class=\"_ _5\"/>idit\u00e9s (b<span class=\"_ _5\"/>anca<span class=\"_ _5\"/>ires).</div>\n<div class=\"t m0 x7 hb y84 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ydd2 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ydd5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>t \u00e9qu<span class=\"_ _5\"/>ivale<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>e<span class=\"_ _27d\"> </span><span class=\"ls14 ws16\">1.051,0<span class=\"_ _130\"> </span><span class=\"ls12 ws14\">9<span class=\"_ _2\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd ydd6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales et autres cr\u00e9ances<span class=\"_ _27e\"> </span><span class=\"ls0 ws0\">871,<span class=\"_ _5\"/>0<span class=\"_ _134\"> </span><span class=\"ls18 ws1a\">8<span class=\"_ _5\"/>30,2</span></span></div>\n<div class=\"t m0 x7 hd ydd7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res c<span class=\"_ _5\"/>r\u00e9an<span class=\"_ _5\"/>ces ex<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>\u00e9es \u00e0 u<span class=\"_ _5\"/>n ris<span class=\"_ _5\"/>que de c<span class=\"_ _5\"/>r\u00e9di<span class=\"_ _5\"/>t<span class=\"_ _5e\"> </span><span class=\"lsbc ws51\">41,<span class=\"_ _5\"/>4<span class=\"_ _1d7\"> </span><span class=\"ls12 ws14\">7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4</span></span></div>\n<div class=\"t m0 x7 h35 ydd8 ff8 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Do<span class=\"_ _5\"/>nt pr\u00eat \u00e0 un<span class=\"_ _5\"/>e entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>se ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e<span class=\"_ _27f\" style=\"margin-left: -39px;\"> </span><span class=\"ff4 ls18 ws1a\">0,0<span class=\"_ _1de\"> </span><span class=\"ls7 ws8\">25,0</span></span></div>\n<div class=\"t m0 x7 hf ydd9 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ACTIF<span class=\"_ _d\"/>S FINANCIERS: RISQUE DE CREDIT</div>\n<div class=\"t m0 x27 h1b ydda ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">1.96<span class=\"_ _5\"/>3,3<span class=\"_ _e2\"> </span><span class=\"ls14 ws16\">1<span class=\"_ _5\"/>.84<span class=\"_ _5\"/>0,0</span></div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 11 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2019, bpos<span class=\"_ _5\"/>t a accord<span class=\"_ _5\"/>\u00e9 \u00e0 bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que un emp<span class=\"_ _5\"/>runt su<span class=\"_ _5\"/>bord<span class=\"_ _5\"/>onn\u00e9 s\u2019\u00e9lev<span class=\"_ _5\"/>ant \u00e0 25<span class=\"_ _5\"/>,0 mEUR<span class=\"_ _5\"/>, dont la ma<span class=\"_ _5\"/>turit\u00e9 e<span class=\"_ _5\"/>st de 10 a<span class=\"_ _5\"/>ns et ave<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une p<span class=\"_ _5\"/>remi\u00e8<span class=\"_ _5\"/>re date d\u2019exerc<span class=\"_ _5\"/>ice de l\u2019optio<span class=\"_ _5\"/>n de rac<span class=\"_ _5\"/>hat apr\u00e8<span class=\"_ _5\"/>s 5 ans<span class=\"_ _5\"/>. En tant qu<span class=\"_ _5\"/>e telle, ce<span class=\"_ _5\"/>tte de<span class=\"_ _5\"/>tte s<span class=\"_ _5\"/>e clas<span class=\"_ _5\"/>se ap<span class=\"_ _5\"/>r\u00e8s le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dev<span class=\"_ _5\"/>ait tomb<span class=\"_ _5\"/>er en li<span class=\"_ _5\"/>quidati<span class=\"_ _5\"/>on ou en f<span class=\"_ _5\"/>aillite. C<span class=\"_ _5\"/>et emp<span class=\"_ _5\"/>runt a \u00e9<span class=\"_ _5\"/>t\u00e9 remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>\u00e9 le 3 janvie<span class=\"_ _5\"/>r 2022<span class=\"_ _5\"/>, para<span class=\"_ _5\"/>ll\u00e8lem<span class=\"_ _5\"/>ent \u00e0 la f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n par</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">laqu<span class=\"_ _5\"/>elle BN<span class=\"_ _5\"/>PPF a acquis l<span class=\"_ _5\"/>es 50<span class=\"_ _5\"/>% de par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cipati<span class=\"_ _5\"/>ons de bp<span class=\"_ _5\"/>ost da<span class=\"_ _5\"/>ns bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que.</div>\n<div class=\"t m0 x5 hb y9 ff7 fs6 fc3 sc0 ls1e wsd6\" style=\"z-index: 15;\">Activit\u00e9s op\u00e9rationnelles</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e cr\u00e9di<span class=\"_ _5\"/>t ne conce<span class=\"_ _5\"/>rne pa<span class=\"_ _5\"/>r d\u00e9f<span class=\"_ _5\"/>initio<span class=\"_ _5\"/>n que la par<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t qui ne so<span class=\"_ _5\"/>nt pas pay\u00e9<span class=\"_ _5\"/>es \u201cau comp<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>\u201d<span class=\"_ _d\"/>. bpo<span class=\"_ _5\"/>st S<span class=\"_ _5\"/>A g\u00e8re de ma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ni\u00e8r<span class=\"_ _5\"/>e ac<span class=\"_ _5\"/>tive so<span class=\"_ _5\"/>n exp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on au ri<span class=\"_ _5\"/>sque de c<span class=\"_ _5\"/>r\u00e9dit e<span class=\"_ _5\"/>n analy<span class=\"_ _5\"/>sant la s<span class=\"_ _5\"/>olva<span class=\"_ _5\"/>bilit\u00e9 de s<span class=\"_ _5\"/>es cli<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s. Cel<span class=\"_ _5\"/>a se tr<span class=\"_ _5\"/>aduit pa<span class=\"_ _5\"/>r un clas<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent cr\u00e9<span class=\"_ _5\"/>dit et un<span class=\"_ _5\"/>e limite</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de cr<span class=\"_ _5\"/>\u00e9dit<span class=\"_ _5\"/>.</div>\n\n<div/>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st S<span class=\"_ _5\"/>A compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e sur toute<span class=\"_ _5\"/>s ses c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s une prov<span class=\"_ _5\"/>ision p<span class=\"_ _5\"/>our pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues ba<span class=\"_ _5\"/>s\u00e9e s<span class=\"_ _5\"/>ur le mod<span class=\"_ _5\"/>\u00e8le de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>es sur la d<span class=\"_ _5\"/>ur\u00e9e de v<span class=\"_ _5\"/>ie. Etan<span class=\"_ _5\"/>t donn\u00e9 q<span class=\"_ _5\"/>ue les cr<span class=\"_ _5\"/>\u00e9ances co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ciales n<span class=\"_ _5\"/>e contie<span class=\"_ _5\"/>nnent p<span class=\"_ _5\"/>as de comp<span class=\"_ _5\"/>osan<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>\u00e8res si<span class=\"_ _5\"/>gnif<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>es, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a opt\u00e9 po<span class=\"_ _5\"/>ur l\u2019<span class=\"_ _d\"/>app<span class=\"_ _5\"/>roch<span class=\"_ _5\"/>e simplif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>e pour c<span class=\"_ _5\"/>alcule<span class=\"_ _5\"/>r le taux p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e credi<span class=\"_ _5\"/>t atte<span class=\"_ _5\"/>ndue gr<span class=\"_ _5\"/>\u00e2ce \u00e0 l\u2019util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on d\u2019une mat<span class=\"_ _5\"/>rice, b<span class=\"_ _5\"/>as\u00e9<span class=\"_ _5\"/>e sur les</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tau<span class=\"_ _5\"/>x his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ues de d\u00e9<span class=\"_ _5\"/>faut a<span class=\"_ _5\"/>dapt\u00e9<span class=\"_ _5\"/>s aux info<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>ions ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lles et p<span class=\"_ _5\"/>rosp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau su<span class=\"_ _5\"/>ivant p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nte les m<span class=\"_ _5\"/>ouvem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de prov<span class=\"_ _5\"/>ision p<span class=\"_ _5\"/>our pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues :</div>\n<div class=\"t m0 x7 hc yddb ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hf yddc ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yddd ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yddc ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER</div>\n<div class=\"t m0 x170 h1b ydde ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">22,0<span class=\"_ _1f5\"> </span>2<span class=\"_ _5\"/>4,8</div>\n<div class=\"t m0 x7 hd yddf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s de val<span class=\"_ _5\"/>eur<span class=\"_ _5\"/>: dotat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s via reg<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s d'entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses</div>\n<div class=\"t m0 x108 hd yde0 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,8<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>5)</span></div>\n<div class=\"t m0 x7 hd yde1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: dotation<span class=\"_ _25a\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>9<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">1,7</span></span></div>\n<div class=\"t m0 x7 hd yde2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: utilisation<span class=\"_ _168\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>)<span class=\"_ _23\"> </span>(1,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x7 hd yde3 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: repris<span class=\"_ _5\"/>e<span class=\"_ _112\"> </span><span class=\"ls42 ws4c\">(2,7)<span class=\"_ _1e2\"> </span><span class=\"ls0 ws0\">(2,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7 hd yde4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: \u00e9car<span class=\"_ _5\"/>ts de conversion<span class=\"_ _22d\"> </span><span class=\"ls22 ws24\">(0,<span class=\"_ _5\"/>3)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,5</span></span></div>\n<div class=\"t m0 x7 hf yde5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x55 h1b yde6 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">3<span class=\"_ _5\"/>7,7<span class=\"_ _23\"> </span><span class=\"ls1d ws1f\">22,0</span></div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019analy<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s balance<span class=\"_ _5\"/>s \u00e2g\u00e9e<span class=\"_ _5\"/>s des cr<span class=\"_ _5\"/>\u00e9ance<span class=\"_ _5\"/>s commer<span class=\"_ _5\"/>ciales e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xposi<span class=\"_ _5\"/>tion au r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ue de cr\u00e9<span class=\"_ _5\"/>dit se<span class=\"_ _5\"/>lon la matr<span class=\"_ _5\"/>ice de p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on se pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nte comme</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">suit :</div>\n<div class=\"t m0 x12 hc yb28 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JO<span class=\"_ _5\"/>URS D<span class=\"_ _5\"/>E RETA<span class=\"_ _5\"/>RD</div>\n<div class=\"t m0 x7 hc yde7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _280\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>T<span class=\"_ _6e\"> </span></span><span class=\"ff7\">&lt;<span class=\"_ _5\"/>60 JO<span class=\"_ _5\"/>URS<span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>0-1<span class=\"_ _5\"/>20 JO<span class=\"_ _5\"/>URS<span class=\"_ _8e\"> </span>&gt;12<span class=\"_ _5\"/>0 JOU<span class=\"_ _5\"/>RS</span></div>\n<div class=\"t m0 x9a hc yde8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SO<span class=\"_ _5\"/>LDE S<span class=\"_ _5\"/>GEI PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x14c hc yde7 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DEFAUT<span class=\"_ _138\"> </span><span class=\"ff5 fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf yde9 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x7 hd ydea ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>e bru<span class=\"_ _5\"/>te tota<span class=\"_ _5\"/>le es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>e en ca<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x7 hd ydeb ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">d\u00e9faut</div>\n<div class=\"t m0 x116 hd ydea ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">803,<span class=\"_ _5\"/>5<span class=\"_ _1cb\"> </span><span class=\"ls17 ws19\">2<span class=\"_ _5\"/>9,8<span class=\"_ _ea\"> </span><span class=\"ls26 ws28\">3,8<span class=\"_ _ea\"> </span><span class=\"ls2e ws30\">8,5<span class=\"_ _ea\"> </span><span class=\"ls1d ws1f\">6,5<span class=\"_ _254\"> </span><span class=\"ls1f ws21\">8<span class=\"_ _5\"/>52,2</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ydec ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e cr\u00e9d<span class=\"_ _5\"/>it at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>u<span class=\"_ _281\"> </span><span class=\"ls1a ws1c\">0,4%<span class=\"_ _282\"> </span><span class=\"ls14 ws16\">12,<span class=\"_ _5\"/>5%<span class=\"_ _282\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>0%<span class=\"_ _282\"> </span><span class=\"ls25 ws27\">98,0<span class=\"_ _5\"/>%<span class=\"_ _21d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yded ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n pou<span class=\"_ _5\"/>r per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues<span class=\"_ _27\"> </span>(2<span class=\"_ _5\"/>,9)<span class=\"_ _1cb\"> </span><span class=\"ls1b ws1d\">(3<span class=\"_ _5\"/>,7)<span class=\"_ _1cb\"> </span></span>(0,<span class=\"_ _5\"/>5)<span class=\"_ _1cb\"> </span><span class=\"ls22 ws24\">(8,<span class=\"_ _5\"/>4)<span class=\"_ _283\"> </span><span class=\"ls2b ws2d\">(6,<span class=\"_ _5\"/>5)<span class=\"_ _dd\"> </span><span class=\"ls17 ws19\">(22<span class=\"_ _5\"/>,0)</span></span></span></div>\n<div class=\"t m0 x7 hf ydee ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET FR<span class=\"_ _d\"/>AIS TERMINAUX</div>\n<div class=\"t m0 x5a h1b ydef ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">80<span class=\"_ _5\"/>0,6<span class=\"_ _b3\"> </span><span class=\"ls7 ws8\">26,<span class=\"_ _5\"/>1<span class=\"_ _107\"> </span><span class=\"ls25 ws27\">3,3<span class=\"_ _7e\"> </span></span></span>0,2<span class=\"_ _7e\"> </span>0,0<span class=\"_ _206\"> </span>830,<span class=\"_ _5\"/>2</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 181px; height: 496px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 181px; height: 496px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 181px; height: 901px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 181px; height: 901px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 181px; height: 901px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div/>\n<div><br/></div>\n\n<div class=\"t m0 x12 hc ydf0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JO<span class=\"_ _5\"/>URS D<span class=\"_ _5\"/>E RETA<span class=\"_ _5\"/>RD</div>\n<div class=\"t m0 x7 hc ydf1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _280\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>T<span class=\"_ _6e\"> </span></span><span class=\"ff7\">&lt;<span class=\"_ _5\"/>60 JO<span class=\"_ _5\"/>URS<span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>0-1<span class=\"_ _5\"/>20 JO<span class=\"_ _5\"/>URS<span class=\"_ _8e\"> </span>&gt;12<span class=\"_ _5\"/>0 JOU<span class=\"_ _5\"/>RS</span></div>\n<div class=\"t m0 x9a hc ydf2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SO<span class=\"_ _5\"/>LDE S<span class=\"_ _5\"/>GEI PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x14c hc ydf1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DEFAUT<span class=\"_ _138\"> </span><span class=\"ff5 fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf ydf3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x7 hd ydf4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>e bru<span class=\"_ _5\"/>te tota<span class=\"_ _5\"/>le es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>e en ca<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x7 hd ydf5 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">d\u00e9faut</div>\n<div class=\"t m0 x116 hd ydf4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">83<span class=\"_ _5\"/>0,0<span class=\"_ _1cb\"> </span><span class=\"ls2e ws30\">48,8<span class=\"_ _ea\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>8<span class=\"_ _1cc\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>,4<span class=\"_ _13d\"> </span></span></span></span>90<span class=\"_ _5\"/>0,0</div>\n<div class=\"t m0 x7 hd ydf6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e cr\u00e9d<span class=\"_ _5\"/>it at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>u<span class=\"_ _281\"> </span><span class=\"ls18 ws1a\">0,0%<span class=\"_ _282\"> </span><span class=\"ls14 ws16\">21,6%<span class=\"_ _282\"> </span><span class=\"ls1f ws21\">43,8<span class=\"_ _5\"/>%<span class=\"_ _7f\"> </span><span class=\"ls17 ws19\">99,<span class=\"_ _5\"/>9%</span></span></span></span></div>\n<div class=\"t m0 x7 hd ydf7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n pou<span class=\"_ _5\"/>r per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues<span class=\"_ _16b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _94\"> </span><span class=\"ls1b ws1d\">(10,<span class=\"_ _5\"/>6)<span class=\"_ _1cb\"> </span><span class=\"ls90 wsa4\">(2<span class=\"_ _5\"/>,1)<span class=\"_ _254\"> </span><span class=\"ls22 ws24\">(16<span class=\"_ _5\"/>,4)<span class=\"_ _40\"> </span><span class=\"ls17 ws19\">(29,0)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ydf8 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET TERMINAL DUES</div>\n<div class=\"t m0 x5a h1b ydf9 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">830,0<span class=\"_ _b3\"> </span><span class=\"ls49 ws57\">38,2<span class=\"_ _7e\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>,7<span class=\"_ _7e\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _284\"> </span><span class=\"ls1a ws1c\">871,<span class=\"_ _5\"/>0</span></span></span></span></div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te de cr\u00e9<span class=\"_ _5\"/>dit es<span class=\"_ _5\"/>compt\u00e9 a aug<span class=\"_ _5\"/>ment\u00e9 e<span class=\"_ _5\"/>n 2022 p<span class=\"_ _5\"/>ar rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t \u00e0 2021<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>ue \u00e0 des li<span class=\"_ _5\"/>tiges av<span class=\"_ _5\"/>ec</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>s r\u00e9<span class=\"_ _5\"/>sili\u00e9s c<span class=\"_ _5\"/>hez Ra<span class=\"_ _5\"/>dial Nor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>h Amer<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>. La pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes de c<span class=\"_ _5\"/>r\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>d la supe<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n de la COVI<span class=\"_ _5\"/>D-19 et de l<span class=\"_ _5\"/>a</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cri<span class=\"_ _5\"/>se \u00e9n<span class=\"_ _5\"/>erg\u00e9t<span class=\"_ _5\"/>ique su<span class=\"_ _5\"/>r la base d<span class=\"_ _5\"/>e la nota<span class=\"_ _5\"/>tion de c<span class=\"_ _5\"/>r\u00e9dit d<span class=\"_ _5\"/>u client f<span class=\"_ _5\"/>ourni<span class=\"_ _5\"/>e par une age<span class=\"_ _5\"/>nce de no<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 837px; height: 247px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 837px; height: 247px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 h7 y7 ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">Placement<span class=\"_ _d\"/> des liquidit\u00e9s</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En ce qui con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>e le place<span class=\"_ _5\"/>ment pa<span class=\"_ _5\"/>r bpos<span class=\"_ _5\"/>t de se<span class=\"_ _5\"/>s liquidi<span class=\"_ _5\"/>t\u00e9s, l<span class=\"_ _5\"/>esqu<span class=\"_ _5\"/>elles in<span class=\"_ _5\"/>cluen<span class=\"_ _5\"/>t la tr\u00e9s<span class=\"_ _5\"/>ore<span class=\"_ _5\"/>rie et le<span class=\"_ _5\"/>s \u00e9qui<span class=\"_ _5\"/>valen<span class=\"_ _5\"/>ts de t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie ainsi q<span class=\"_ _5\"/>ue les t<span class=\"_ _5\"/>itres</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de pla<span class=\"_ _5\"/>ceme<span class=\"_ _5\"/>nt, l\u2019exp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>n au ris<span class=\"_ _5\"/>que de c<span class=\"_ _5\"/>r\u00e9dit r<span class=\"_ _5\"/>\u00e9sulte d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>un ma<span class=\"_ _5\"/>nquem<span class=\"_ _5\"/>ent de la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie ad<span class=\"_ _5\"/>vers<span class=\"_ _5\"/>e, l\u2019expo<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n maxima<span class=\"_ _5\"/>le corr<span class=\"_ _5\"/>espo<span class=\"_ _5\"/>ndant \u00e0 la v<span class=\"_ _5\"/>aleur</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>table d<span class=\"_ _5\"/>e ces ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 747px; height: 337px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb ya ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Risque de liquidit\u00e9</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e liquidi<span class=\"_ _5\"/>t\u00e9 dispo<span class=\"_ _5\"/>nible de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est l<span class=\"_ _5\"/>imit\u00e9, ce<span class=\"_ _5\"/>ci s\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>e par le nive<span class=\"_ _5\"/>au \u00e9lev\u00e9 d<span class=\"_ _5\"/>es liqu<span class=\"_ _5\"/>idit\u00e9s d<span class=\"_ _5\"/>e cais<span class=\"_ _5\"/>se et le f<span class=\"_ _5\"/>ait qu\u2019une p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie sig<span class=\"_ _5\"/>nifi<span class=\"_ _5\"/>ca-</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>e de ses r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s est p<span class=\"_ _5\"/>ay\u00e9e par s<span class=\"_ _5\"/>es clie<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s avant la pr<span class=\"_ _5\"/>est<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice<span class=\"_ _5\"/>-m\u00ea<span class=\"_ _5\"/>me.</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>ch\u00e9a<span class=\"_ _5\"/>nces de<span class=\"_ _5\"/>s pas<span class=\"_ _5\"/>sifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s sont pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9s com<span class=\"_ _5\"/>me suit<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hc ydfa ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _120\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>ANT<span class=\"_ _d0\"> </span><span class=\"ls48 ws56\">NON C<span class=\"_ _d\"/>OUR<span class=\"_ _5\"/>ANT<span class=\"_ _255\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></span></span></div>\n<div class=\"t m0 x4a hc ydfb ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>INS D'<span class=\"_ _5\"/>UN A<span class=\"_ _5\"/>N<span class=\"_ _ac\"> </span>EN<span class=\"_ _5\"/>TRE 1 E<span class=\"_ _5\"/>T 5 ANS<span class=\"_ _80\"> </span>PLUS D<span class=\"_ _5\"/>E 5 ANS</div>\n<div class=\"t m0 x7 hf ydfc ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x7 hd ydfd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013 fi<span class=\"_ _5\"/>nance<span class=\"_ _5\"/>ment<span class=\"_ _252\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>9<span class=\"_ _17a\"> </span><span class=\"ls18 ws1a\">320,3<span class=\"_ _17a\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>5,<span class=\"_ _2\"/>3<span class=\"_ _d0\"> </span><span class=\"ls9c ws4f\">613<span class=\"_ _5\"/>,5</span></span></span></span></div>\n<div class=\"t m0 x7 hd ydfe ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s<span class=\"_ _f7\"> </span><span class=\"ls18 ws1a\">1.470,9<span class=\"_ _137\"> </span><span class=\"ls26 ws28\">33,3<span class=\"_ _bf\"> </span></span>0,0<span class=\"_ _149\"> </span><span class=\"ls14 ws16\">1.<span class=\"_ _5\"/>504,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ydff ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _285\"> </span><span class=\"ls3b ws43\">8,1<span class=\"_ _d0\"> </span><span class=\"ls20 ws22\">678,6<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _273\"> </span><span class=\"ls1d ws1f\">686,8</span></span></span></span></div>\n<div class=\"t m0 x7 hd ye00 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Papiers commerciaux<span class=\"_ _276\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ye01 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Instruments d\u00e9riv\u00e9s<span class=\"_ _21b\"> </span><span class=\"ls18 ws1a\">0,3<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,3</span></div>\n<div class=\"t m0 x7 hd ye02 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires</div>\n<div class=\"t m0 x188 hd ye03 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">12,0<span class=\"_ _273\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>8<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _d0\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8</span></span></span></div>\n<div class=\"t m0 x7 hf ye04 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL PAS<span class=\"_ _d\"/>SIFS</div>\n<div class=\"t m0 x40 h1b ye05 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">1.<span class=\"_ _5\"/>609,<span class=\"_ _5\"/>3<span class=\"_ _103\"> </span><span class=\"lsd2 wsf2\">1<span class=\"_ _2\"/>.<span class=\"_ _5\"/>1<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>1<span class=\"_ _286\"> </span><span class=\"lsec ws10d\">17<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3<span class=\"_ _16\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>.9<span class=\"_ _5\"/>81<span class=\"_ _5\"/>,7</span></span></span></div>\n<div class=\"t m0 x7 hf ye06 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x7 hd ye07 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013 fi<span class=\"_ _5\"/>nance<span class=\"_ _5\"/>ment<span class=\"_ _f0\"> </span><span class=\"ls1d ws1f\">156,5<span class=\"_ _273\"> </span><span class=\"ls3b ws43\">40<span class=\"_ _5\"/>5,1<span class=\"_ _d0\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>9,<span class=\"_ _5\"/>8<span class=\"_ _d8\"> </span><span class=\"ls92 wsa6\">741<span class=\"_ _5\"/>,4</span></span></span></span></div>\n<div class=\"t m0 x7 hd ye08 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s<span class=\"_ _cc\"> </span><span class=\"ls18 ws1a\">1.49<span class=\"_ _5\"/>4,4<span class=\"_ _137\"> </span><span class=\"ls7 ws8\">25,9<span class=\"_ _bf\"> </span></span>0,0<span class=\"_ _cc\"> </span>1.5<span class=\"_ _5\"/>20,3</span></div>\n<div class=\"t m0 x7 hd ye09 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _285\"> </span><span class=\"ls3b ws43\">8,1<span class=\"_ _273\"> </span><span class=\"ls1a ws1c\">6<span class=\"_ _5\"/>70,5<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _d0\"> </span><span class=\"ls20 ws22\">678<span class=\"_ _5\"/>,6</span></span></span></span></div>\n<div class=\"t m0 x7 hd ye0a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _268\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ye0b ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Instruments d\u00e9riv\u00e9s<span class=\"_ _276\"> </span><span class=\"ls22 ws24\">(0,<span class=\"_ _5\"/>3)<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _cb\"> </span></span>(0,<span class=\"_ _5\"/>3)</span></div>\n<div class=\"t m0 x7 hd ye0c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">D\u00e9couver<span class=\"_ _5\"/>ts bancaires<span class=\"_ _287\"> </span><span class=\"ls18 ws1a\">0,4<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,4</span></div>\n<div class=\"t m0 x7 hd ye0d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _120\"> </span><span class=\"ls2a ws2c\">176<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _ca\"> </span>0,0<span class=\"_ _17a\"> </span></span>17<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t m0 x7 hd ye0e ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _c\"> </span><span class=\"ls0 ws0\">(0,2)<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _4e\"> </span></span>(0,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x7 hf ye0f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ye10 ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">1.8<span class=\"_ _5\"/>35,9<span class=\"_ _122\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.101<span class=\"_ _5\"/>,5<span class=\"_ _288\"> </span><span class=\"lsec ws10d\">17<span class=\"_ _5\"/>9,<span class=\"_ _5\"/>8<span class=\"_ _2a\"> </span><span class=\"lsd2 wsf2\">3<span class=\"_ _5\"/>.<span class=\"_ _5\"/>1<span class=\"_ _5\"/>17,<span class=\"_ _2\"/>2</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 220px; height: 517px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 220px; height: 864px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 220px; height: 864px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>ch\u00e9a<span class=\"_ _5\"/>nces con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lles ci<span class=\"_ _5\"/>-d<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>us son<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>es sur le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s non ac<span class=\"_ _5\"/>tual<span class=\"_ _5\"/>is\u00e9s<span class=\"_ _5\"/>, qui pe<span class=\"_ _5\"/>uvent d<span class=\"_ _5\"/>iff\u00e9re<span class=\"_ _5\"/>r de la vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tab<span class=\"_ _5\"/>le des pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s \u00e0 la date du b<span class=\"_ _5\"/>ilan cons<span class=\"_ _5\"/>olid\u00e9<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e liquidi<span class=\"_ _5\"/>t\u00e9 est m<span class=\"_ _5\"/>itig\u00e9 par d<span class=\"_ _5\"/>es lign<span class=\"_ _5\"/>es de cr<span class=\"_ _5\"/>\u00e9dit e<span class=\"_ _5\"/>n ligne ave<span class=\"_ _5\"/>c la taill<span class=\"_ _5\"/>e des op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 1017px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 1017px; height: 65px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 1017px; height: 65px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag463": {
   "value": "\n<div class=\"t m0 x7 hb ya ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y727 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc06 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales<span class=\"_ _126\"> </span><span class=\"ls1d ws1f\">656,9<span class=\"_ _130\"> </span><span class=\"ls90 wsa4\">614<span class=\"_ _5\"/>,4</span></span></div>\n<div class=\"t m0 x7 hd yc07 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Frais terminaux<span class=\"_ _232\"> </span><span class=\"ls90 wsa4\">214,<span class=\"_ _5\"/>0<span class=\"_ _233\"> </span><span class=\"ls2c ws2e\">215,<span class=\"_ _5\"/>8</span></span></div>\n<div class=\"t m0 x7 hd yc08 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>\u00f4ts \u00e0 r<span class=\"_ _5\"/>\u00e9cup<span class=\"_ _5\"/>\u00e9re<span class=\"_ _5\"/>r<span class=\"_ _d\"/>, aut<span class=\"_ _5\"/>res q<span class=\"_ _5\"/>ue l'imp<span class=\"_ _5\"/>\u00f4t sur le r<span class=\"_ _5\"/>\u00e9sul<span class=\"_ _5\"/>tat<span class=\"_ _234\"> </span><span class=\"ls28 ws2a\">6,6<span class=\"_ _1e0\"> </span><span class=\"ls14 ws16\">4,6</span></span></div>\n<div class=\"t m0 x7 hd yc09 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pr\u00ea<span class=\"_ _5\"/>ts \u00e0 d<span class=\"_ _5\"/>es as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9s<span class=\"_ _235\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1de\"> </span><span class=\"ls7 ws8\">25,0</span></span></div>\n<div class=\"t m0 x7 hd yc0a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Co\u00fb<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s  \u2013  act<span class=\"_ _5\"/>ifs r<span class=\"_ _5\"/>econ<span class=\"_ _5\"/>nus po<span class=\"_ _5\"/>ur obte<span class=\"_ _5\"/>nir ou e<span class=\"_ _5\"/>x\u00e9c<span class=\"_ _5\"/>uter un co<span class=\"_ _5\"/>ntr<span class=\"_ _5\"/>at<span class=\"_ _22f\"> </span><span class=\"ls26 ws28\">3,5<span class=\"_ _13e\"> </span>3,<span class=\"_ _5\"/>3</span></div>\n<div class=\"t m0 x7 hd yc0b ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres cr\u00e9ances<span class=\"_ _236\"> </span><span class=\"ls18 ws1a\">60,<span class=\"_ _5\"/>3<span class=\"_ _1de\"> </span><span class=\"ls17 ws19\">49,3</span></span></div>\n<div class=\"t m0 x7 hf yc0c ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES CR\u00c9ANCES COURANTES</div>\n<div class=\"t m0 x98 h1b yc0d ff7 fs8 fc3 sc0 ls4a ws54\" style=\"z-index: 15;\">941<span class=\"_ _5\"/>,3<span class=\"_ _1c9\"> </span><span class=\"ls86 ws50\">91<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>4</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 553px; height: 184px; width: 90%; z-index: 4;\"><br/></div>\n\n<div/>\n\n<div/>\n\n<div class=\"t m0 x7 hb y8d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y27 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x55 hc yd66 ff7 fs7 fc0 sc0 lse ws10\" style=\"z-index: 15;\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></div>\n<div class=\"t m0 x7 hd yd67 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes c<span class=\"_ _d\"/>ommerciales<span class=\"_ _26a\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5<span class=\"_ _1e8\"> </span><span class=\"ls0 ws0\"> 382,<span class=\"_ _5\"/>9 </span></span></div>\n<div class=\"t m0 x7 hd yd68 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s col<span class=\"_ _5\"/>lec<span class=\"_ _5\"/>t\u00e9s du<span class=\"_ _5\"/>s aux cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s<span class=\"_ _18f\"> </span><span class=\"ls7 ws8\">65,5<span class=\"_ _1e2\"> </span></span> 59,9</div>\n<div class=\"t m0 x7 hd yd69 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Frais terminaux<span class=\"_ _26b\"> </span>298,4<span class=\"_ _1c9\"> </span><span class=\"ls0 ws0\"> 32<span class=\"_ _5\"/>9,2 </span></div>\n<div class=\"t m0 x7 hd yd6a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes salariales et<span class=\"_ _d\"/> sociales<span class=\"_ _26c\"> </span><span class=\"ls2b ws2d\">421,<span class=\"_ _5\"/>6<span class=\"_ _1fd\"> </span><span class=\"ls1d ws1f\"> 366,4 </span></span></div>\n<div class=\"t m0 x7 hd yd6b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>sca<span class=\"_ _5\"/>les au<span class=\"_ _5\"/>tres q<span class=\"_ _5\"/>ue l'imp<span class=\"_ _5\"/>\u00f4t sur le<span class=\"_ _5\"/>s rev<span class=\"_ _5\"/>enus<span class=\"_ _166\"> </span><span class=\"ls2b ws2d\">10,0<span class=\"_ _18a\"> </span><span class=\"ls1b ws1d\"> 9,7 </span></span></div>\n<div class=\"t m0 x7 hd yd6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Compte de transit machines \u00e0<span class=\"_ _d\"/> af<span class=\"_ _5\"/>franchir<span class=\"_ _163\"> </span><span class=\"ls2b ws2d\">10,3<span class=\"_ _1e2\"> </span> 10,<span class=\"_ _5\"/>3 </span></div>\n<div class=\"t m0 x7 hd yd6d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Fon<span class=\"_ _5\"/>ds de ro<span class=\"_ _5\"/>ulem<span class=\"_ _5\"/>ent de l'<span class=\"_ _5\"/>Etat po<span class=\"_ _5\"/>ur la fo<span class=\"_ _5\"/>urni<span class=\"_ _5\"/>ture de<span class=\"_ _5\"/>s se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices p<span class=\"_ _5\"/>os<span class=\"_ _5\"/>taux</div>\n<div class=\"t m0 x7 hd yd6e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">financier<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x55 hd yd6d ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">18,8<span class=\"_ _1f5\"> </span><span class=\"ls0 ws0\"> 18<span class=\"_ _5\"/>,8 </span></div>\n<div class=\"t m0 x7 hd yd6f ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Cautions<span class=\"_ _26d\"> </span><span class=\"ls43 ws4d\">11,<span class=\"_ _5\"/>5<span class=\"_ _1ce\"> </span><span class=\"ls0 ws0\"> 11<span class=\"_ _5\"/>,3 </span></span></div>\n<div class=\"t m0 x7 hd yd70 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions (hors frais terminaux)<span class=\"_ _146\"> </span><span class=\"ls16 ws18\">181,8<span class=\"_ _1e8\"> </span><span class=\"ls2a ws2c\"> 179<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hd yd71 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Produits repor<span class=\"_ _5\"/>t\u00e9s<span class=\"_ _26e\"> </span><span class=\"ls28 ws2a\">73,6<span class=\"_ _1f5\"> </span><span class=\"ls0 ws0\"> 75<span class=\"_ _5\"/>,8 </span></span></div>\n<div class=\"t m0 x7 hd yd72 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres dettes<span class=\"_ _26f\"> </span><span class=\"ls7 ws8\">15,<span class=\"_ _5\"/>5<span class=\"_ _1f5\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hf yd73 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES DETTES COURANTES</div>\n<div class=\"t m0 x27 h1b yd74 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">1.494,4<span class=\"_ _1ef\"> </span><span class=\"ls0 ws0\"> 1<span class=\"_ _5\"/>.470,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 541px; height: 301px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 541px; height: 301px; width: 88%; z-index: 5;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 541px; height: 301px; width: 90%; z-index: 4;\"/>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTaxReceivablesAndPayablesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag465": {
   "value": "\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.2<span class=\"_ _5\"/>3 <span class=\"_ _38\"/>Stoc<span class=\"_ _d\"/>ks</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Mati\u00e8res premi\u00e8res<span class=\"_ _238\"> </span><span class=\"ls28 ws2a\">5,4<span class=\"_ _13e\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>9</span></span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Produits f<span class=\"_ _5\"/>inis<span class=\"_ _239\"> </span><span class=\"ls26 ws28\">3,9<span class=\"_ _13e\"> </span><span class=\"ls7 ws8\">5,<span class=\"_ _5\"/>2</span></span></div>\n<div class=\"t m0 x7 hd yc01 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mar<span class=\"_ _5\"/>chan<span class=\"_ _5\"/>dise<span class=\"_ _5\"/>s ache<span class=\"_ _5\"/>t\u00e9e<span class=\"_ _5\"/>s et d\u00e9<span class=\"_ _5\"/>tenu<span class=\"_ _5\"/>es po<span class=\"_ _5\"/>ur la rev<span class=\"_ _5\"/>ente<span class=\"_ _234\"> </span><span class=\"ls22 ws24\">16,<span class=\"_ _5\"/>3<span class=\"_ _1de\"> </span><span class=\"ls43 ws4d\">11,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd yc02 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur<span class=\"_ _14d\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>1)<span class=\"_ _23\"> </span><span class=\"ls0 ws0\">(0,9)</span></span></div>\n<div class=\"t m0 x7 hf yc14 ff5 fsa fc3 sc0 lse9 ws105\" style=\"z-index: 15;\">STOCKS</div>\n<div class=\"t m0 x170 h1b yc15 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">24,5<span class=\"_ _23\"> </span><span class=\"lsd4 wsf5\">20,7</span></div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>tock<span class=\"_ _5\"/>s ont a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>t\u00e9 de 3,<span class=\"_ _5\"/>8 mEUR pri<span class=\"_ _5\"/>ncipale<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de l'int\u00e9<span class=\"_ _5\"/>grat<span class=\"_ _5\"/>ion d'<span class=\"_ _d\"/>Al<span class=\"_ _5\"/>dipre<span class=\"_ _5\"/>ss, p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tiell<span class=\"_ _5\"/>ement co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>s\u00e9e pa<span class=\"_ _5\"/>r une dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>u</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sto<span class=\"_ _5\"/>ck d'unifo<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>s de fac<span class=\"_ _5\"/>teur<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>ati\u00e8r<span class=\"_ _5\"/>es pre<span class=\"_ _5\"/>mi\u00e8re<span class=\"_ _5\"/>s compr<span class=\"_ _5\"/>ennen<span class=\"_ _5\"/>t les cons<span class=\"_ _5\"/>ommab<span class=\"_ _5\"/>les<span class=\"_ _5\"/>, c'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u2013 \u00e0 \u2013 dire le<span class=\"_ _5\"/>s mat\u00e9r<span class=\"_ _5\"/>iaux ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s pour l'im<span class=\"_ _5\"/>pres<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>. Les pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s f<span class=\"_ _5\"/>inis so<span class=\"_ _5\"/>nt les</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">timb<span class=\"_ _5\"/>res di<span class=\"_ _5\"/>sponi<span class=\"_ _5\"/>bles \u00e0 la ve<span class=\"_ _5\"/>nte. Le<span class=\"_ _5\"/>s marcha<span class=\"_ _5\"/>ndise<span class=\"_ _5\"/>s ache<span class=\"_ _5\"/>t\u00e9es p<span class=\"_ _5\"/>our la re<span class=\"_ _5\"/>vente com<span class=\"_ _5\"/>prenn<span class=\"_ _5\"/>ent pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nt les ca<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es pos<span class=\"_ _5\"/>tale<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s four<span class=\"_ _5\"/>niture<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r la reven<span class=\"_ _5\"/>te et le s<span class=\"_ _5\"/>tock de di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion de la pr<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 777px; height: 305px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInventoriesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag472": {
   "value": "\n<div><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n<div class=\"t m0 x5 h1a ya ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.24 <span class=\"_ _4\"> </span>T<span class=\"_ _3b\"/>r\u00e9sorerie et \u00e9quiv<span class=\"_ _d\"/>alents de tr\u00e9sorerie</div>\n\n<div class=\"t m0 x7 hb y92 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre<span class=\"_ _237\"> </span><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hc yc16 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc17 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie d<span class=\"_ _5\"/>es bu<span class=\"_ _5\"/>reau<span class=\"_ _5\"/>x de Pos<span class=\"_ _5\"/>te<span class=\"_ _113\"> </span><span class=\"ls90 wsa4\">14<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>9<span class=\"_ _130\"> </span>149,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t m0 x7 hd yc18 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Comptes de transit<span class=\"_ _23a\"> </span><span class=\"ls7 ws8\">65,8<span class=\"_ _1de\"> </span><span class=\"ls14 ws16\">44,<span class=\"_ _5\"/>9</span></span></div>\n<div class=\"t m0 x7 hd yc19 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons de p<span class=\"_ _5\"/>aiem<span class=\"_ _5\"/>ent en e<span class=\"_ _5\"/>x\u00e9c<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n<span class=\"_ _23b\"> </span><span class=\"ls17 ws19\">(24,0)<span class=\"_ _134\"> </span><span class=\"ls22 ws24\">(2<span class=\"_ _5\"/>8,4)</span></span></div>\n<div class=\"t m0 x7 hd yc1a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Comptes courants bancaires<span class=\"_ _15\"> </span><span class=\"ls18 ws1a\">6<span class=\"_ _5\"/>80,6<span class=\"_ _233\"> </span><span class=\"ls20 ws22\">578<span class=\"_ _5\"/>,6</span></span></div>\n<div class=\"t m0 x7 hd yc1b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9<span class=\"_ _5\"/>p\u00f4t<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t te<span class=\"_ _5\"/>rme<span class=\"_ _23c\"> </span><span class=\"ls1b ws1d\">18<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7<span class=\"_ _130\"> </span><span class=\"ls22 ws24\">162<span class=\"_ _5\"/>,6</span></span></div>\n<div class=\"t m0 x7 hf yc1c ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TR\u00c9SORERIE ET EQUIVALENT<span class=\"_ _d\"/>S DE TR\u00c9SORERIE</div>\n<div class=\"t m0 x27 h1b yc1d ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">1.<span class=\"_ _5\"/>051,0<span class=\"_ _1e8\"> </span><span class=\"lsd2 wsf2\">9<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 528px; height: 164px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie et les \u00e9<span class=\"_ _5\"/>quiv<span class=\"_ _5\"/>alent<span class=\"_ _5\"/>s de tr<span class=\"_ _5\"/>\u00e9sor<span class=\"_ _5\"/>erie o<span class=\"_ _5\"/>nt augm<span class=\"_ _5\"/>ent\u00e9 de 143<span class=\"_ _5\"/>,5 mEUR<span class=\"_ _5\"/>, cet<span class=\"_ _5\"/>te aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation \u00e9<span class=\"_ _5\"/>tant du<span class=\"_ _5\"/>e \u00e0 l'<span class=\"_ _d\"/>ent<span class=\"_ _5\"/>r\u00e9e n<span class=\"_ _5\"/>ette d<span class=\"_ _5\"/>e tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie pr<span class=\"_ _5\"/>ove-</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nant d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s d'exp<span class=\"_ _5\"/>loita<span class=\"_ _5\"/>tion (422<span class=\"_ _5\"/>,4 mEUR). Cet<span class=\"_ _5\"/>te aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation a \u00e9<span class=\"_ _5\"/>t\u00e9 compe<span class=\"_ _5\"/>ns\u00e9<span class=\"_ _5\"/>e par les s<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s net<span class=\"_ _5\"/>tes de t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s d'inves<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent (19,<span class=\"_ _5\"/>2 mEUR), la vente d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e ayant pr<span class=\"_ _5\"/>esqu<span class=\"_ _5\"/>e compe<span class=\"_ _5\"/>ns\u00e9 le<span class=\"_ _5\"/>s d\u00e9pe<span class=\"_ _5\"/>nse<span class=\"_ _5\"/>s en cap<span class=\"_ _5\"/>ital<span class=\"_ _5\"/>, et par le<span class=\"_ _5\"/>s sor<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>es net<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s d'inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment (26<span class=\"_ _5\"/>2,1 mEUR), no<span class=\"_ _5\"/>tamme<span class=\"_ _5\"/>nt en r<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>u paiem<span class=\"_ _5\"/>ent de di<span class=\"_ _5\"/>viden<span class=\"_ _5\"/>des e<span class=\"_ _5\"/>n 2022 (98<span class=\"_ _5\"/>,5 m<span class=\"_ _5\"/>EUR).  </div>\n\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les d<span class=\"_ _5\"/>\u00e9p\u00f4t<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t te<span class=\"_ _5\"/>rme s<span class=\"_ _5\"/>ont cons<span class=\"_ _5\"/>titu<span class=\"_ _5\"/>\u00e9s de com<span class=\"_ _5\"/>ptes de d<span class=\"_ _5\"/>\u00e9p\u00f4t e<span class=\"_ _5\"/>t de d\u00e9p<span class=\"_ _5\"/>\u00f4ts \u00e0 te<span class=\"_ _5\"/>rme e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9<span class=\"_ _5\"/>s princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par bpost SA/NV a<span class=\"_ _5\"/>upr\u00e8s d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>s banqu<span class=\"_ _5\"/>es. C<span class=\"_ _5\"/>es inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s du mon<span class=\"_ _5\"/>tant tot<span class=\"_ _5\"/>al de cha<span class=\"_ _5\"/>que cont<span class=\"_ _5\"/>rat \u00e0 ter<span class=\"_ _5\"/>me pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre re<span class=\"_ _5\"/>tir\u00e9<span class=\"_ _5\"/>s en moin<span class=\"_ _5\"/>s de 3 mois p<span class=\"_ _5\"/>ar une not<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">for<span class=\"_ _5\"/>melle \u00e0 l<span class=\"_ _5\"/>a banqu<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 372px; height: 50px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c0 note<span class=\"_ _5\"/>r \u00e9gale<span class=\"_ _5\"/>ment qu<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t a deu<span class=\"_ _5\"/>x ligne<span class=\"_ _5\"/>s de cr\u00e9<span class=\"_ _5\"/>dit non ut<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>es po<span class=\"_ _5\"/>ur un mon<span class=\"_ _5\"/>tant tot<span class=\"_ _5\"/>al de 375,<span class=\"_ _5\"/>0 mEUR, vo<span class=\"_ _5\"/>ir note 6.<span class=\"_ _5\"/>32 \u201cD<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s et eng<span class=\"_ _5\"/>age<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>ts h<span class=\"_ _5\"/>ors bil<span class=\"_ _5\"/>an\u201d<span class=\"_ _1\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 327px; height: 410px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 327px; height: 410px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag467": {
   "value": "\n<div class=\"t m0 x7 hb y92 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre<span class=\"_ _237\"> </span><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x7 hc yc16 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc17 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie d<span class=\"_ _5\"/>es bu<span class=\"_ _5\"/>reau<span class=\"_ _5\"/>x de Pos<span class=\"_ _5\"/>te<span class=\"_ _113\"> </span><span class=\"ls90 wsa4\">14<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>9<span class=\"_ _130\"> </span>149,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t m0 x7 hd yc18 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Comptes de transit<span class=\"_ _23a\"> </span><span class=\"ls7 ws8\">65,8<span class=\"_ _1de\"> </span><span class=\"ls14 ws16\">44,<span class=\"_ _5\"/>9</span></span></div>\n<div class=\"t m0 x7 hd yc19 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons de p<span class=\"_ _5\"/>aiem<span class=\"_ _5\"/>ent en e<span class=\"_ _5\"/>x\u00e9c<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n<span class=\"_ _23b\"> </span><span class=\"ls17 ws19\">(24,0)<span class=\"_ _134\"> </span><span class=\"ls22 ws24\">(2<span class=\"_ _5\"/>8,4)</span></span></div>\n<div class=\"t m0 x7 hd yc1a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Comptes courants bancaires<span class=\"_ _15\"> </span><span class=\"ls18 ws1a\">6<span class=\"_ _5\"/>80,6<span class=\"_ _233\"> </span><span class=\"ls20 ws22\">578<span class=\"_ _5\"/>,6</span></span></div>\n<div class=\"t m0 x7 hd yc1b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9<span class=\"_ _5\"/>p\u00f4t<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t te<span class=\"_ _5\"/>rme<span class=\"_ _23c\"> </span><span class=\"ls1b ws1d\">18<span class=\"_ _5\"/>4<span class=\"_ _5\"/>,7<span class=\"_ _130\"> </span><span class=\"ls22 ws24\">162<span class=\"_ _5\"/>,6</span></span></div>\n<div class=\"t m0 x7 hf yc1c ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TR\u00c9SORERIE ET EQUIVALENT<span class=\"_ _d\"/>S DE TR\u00c9SORERIE</div>\n<div class=\"t m0 x27 h1b yc1d ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">1.<span class=\"_ _5\"/>051,0<span class=\"_ _1e8\"> </span><span class=\"lsd2 wsf2\">9<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 528px; height: 164px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les d<span class=\"_ _5\"/>\u00e9p\u00f4t<span class=\"_ _5\"/>s \u00e0 cour<span class=\"_ _5\"/>t te<span class=\"_ _5\"/>rme s<span class=\"_ _5\"/>ont cons<span class=\"_ _5\"/>titu<span class=\"_ _5\"/>\u00e9s de com<span class=\"_ _5\"/>ptes de d<span class=\"_ _5\"/>\u00e9p\u00f4t e<span class=\"_ _5\"/>t de d\u00e9p<span class=\"_ _5\"/>\u00f4ts \u00e0 te<span class=\"_ _5\"/>rme e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9<span class=\"_ _5\"/>s princ<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent par bpost SA/NV a<span class=\"_ _5\"/>upr\u00e8s d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>s banqu<span class=\"_ _5\"/>es. C<span class=\"_ _5\"/>es inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s du mon<span class=\"_ _5\"/>tant tot<span class=\"_ _5\"/>al de cha<span class=\"_ _5\"/>que cont<span class=\"_ _5\"/>rat \u00e0 ter<span class=\"_ _5\"/>me pe<span class=\"_ _5\"/>uvent \u00ea<span class=\"_ _5\"/>tre re<span class=\"_ _5\"/>tir\u00e9<span class=\"_ _5\"/>s en moin<span class=\"_ _5\"/>s de 3 mois p<span class=\"_ _5\"/>ar une not<span class=\"_ _5\"/>ifi<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">for<span class=\"_ _5\"/>melle \u00e0 l<span class=\"_ _5\"/>a banqu<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 372px; height: 50px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDepositsFromBanksExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag470": {
   "value": "bpost SA/NV",
   "dimensions": {
    "concept": "ifrs-full:NameOfUltimateParentOfGroup",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag461": {
   "value": "\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.2<span class=\"_ _5\"/>5 <span class=\"_ _38\"/>Pr\u00eats et emprunts por<span class=\"_ _5\"/>tant in<span class=\"_ _d\"/>t\u00e9r\u00eats</div>\n<div class=\"t m0 x5 hb y81 ff7 fs6 fc3 sc0 lsea wsf0\" style=\"z-index: 15;\">2021</div>\n<div class=\"t m0 x94 hc yc1e ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">VARIATION<span class=\"_ _d\"/> HORS TR\u00c9SORERIE</div>\n<div class=\"t m0 x7 hc yc1f ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _b6\"> </span><span class=\"ff7 fc0 ls10 ws12\">2020</span></div>\n<div class=\"t m0 x7d hc yc20 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">VARIA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x18a hc yc21 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ON DE</div>\n<div class=\"t m0 x33 hc yc22 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TR\u00c9SO<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x2e hc yc23 ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">RERIE</div>\n<div class=\"t m0 xc1 hc yc24 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>T DE</div>\n<div class=\"t m0 x18b hc yc25 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVER<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x44 hc yc26 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">SION<span class=\"_ _78\"> </span><span class=\"lseb ws10c\">ACQUISITION</span></div>\n<div class=\"t m0 x3 hc yc25 ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">MODIFI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x172 hc yc26 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON<span class=\"_ _78\"> </span><span class=\"lse7 ws3d\">CESSION</span></div>\n<div class=\"t m0 x17a hc yc27 ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">CESSI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x152 hc yc28 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x9 hc yc29 ff5 fs7 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">REGRO<span class=\"_ _5\"/>UPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x9 hc yc2a ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENT D'<span class=\"_ _d\"/>EN<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x150 hc yc2b ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">TREPRISES</div>\n<div class=\"t m0 x17d hc yc2a ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>ANS<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x11b hc yc2b ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">FERT</div>\n<div class=\"t m0 x121 hc yc2c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NSFE<span class=\"_ _5\"/>RT V<span class=\"_ _5\"/>ERS</div>\n<div class=\"t m0 x18c hc yc2d ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">ACTIFS CLASSIFI\u00c9S</div>\n<div class=\"t m0 x104 hc yc2e ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME D\u00c9TEN<span class=\"_ _d\"/>US EN</div>\n<div class=\"t m0 x104 hc yc2f ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VU<span class=\"_ _5\"/>E DE L<span class=\"_ _5\"/>A VE<span class=\"_ _5\"/>NTE O<span class=\"_ _5\"/>U</div>\n<div class=\"t m0 x103 hc yc30 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME I<span class=\"_ _d\"/>MMEUBLE DE<span class=\"_ _d\"/> <span class=\"_ _5\"/></div>\n<div class=\"t m0 x3e hc yc31 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">PLACEMENT<span class=\"_ _d9\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _8d\"> </span><span class=\"ff7 fc0 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc32 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _64\"> </span><span class=\"lsba wsda\">159<span class=\"_ _d\"/>,9 <span class=\"_ _ab\"> </span><span class=\"ls0 ws0\">0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>1<span class=\"_ _5\"/>2,6 <span class=\"_ _b0\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _b0\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span><span class=\"ls90 wsa4\">(9,<span class=\"_ _5\"/>1)<span class=\"_ _2a\"> </span></span>0,0 <span class=\"_ _1c7\"> </span>(0,0)<span class=\"_ _df\"> </span><span class=\"ls22 ws24\">163<span class=\"_ _5\"/>,3 </span></span></span></div>\n<div class=\"t m0 x7 hd yc33 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _13f\"> </span><span class=\"ls1b ws1d\">64<span class=\"_ _5\"/>3,7<span class=\"_ _5\"/> <span class=\"_ _e3\"> </span></span>0,0 <span class=\"_ _72\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>1,1 <span class=\"_ _da\"> </span>6<span class=\"_ _5\"/>4<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>8</div>\n<div class=\"t m0 x7 hd yc34 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _83\"> </span><span class=\"ls0 ws0\">0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _ab\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _201\"> </span></span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _205\"> </span>0,1 <span class=\"_ _72\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hd yc35 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013</div>\n<div class=\"t m0 x7 hd yc36 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">financement</div>\n<div class=\"t m0 x13a hd yc35 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">361,<span class=\"_ _5\"/>5 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _92\"> </span>9,<span class=\"_ _5\"/>0 <span class=\"_ _72\"> </span>1<span class=\"_ _5\"/>55,<span class=\"_ _5\"/>6 <span class=\"_ _1c7\"> </span><span class=\"ls1d ws1f\">66,<span class=\"_ _5\"/>2<span class=\"_ _85\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,0)<span class=\"_ _4c\"> </span><span class=\"ls22 ws24\">(3,<span class=\"_ _5\"/>3)<span class=\"_ _8b\"> </span><span class=\"ls12 ws14\">(<span class=\"_ _5\"/>1<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>8<span class=\"_ _5\"/>)<span class=\"_ _2c\"> </span></span></span>(12<span class=\"_ _5\"/>,1<span class=\"_ _5\"/>)<span class=\"_ _76\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/> <span class=\"_ _14a\"> </span><span class=\"ls3b ws43\">453,1 </span></span></span></span></div>\n<div class=\"t m0 x7 hf yc37 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">EMPRUNTS NON C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x7 hf yc38 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">PORT<span class=\"_ _d\"/>ANT INTERETS</div>\n<div class=\"t m0 x11 h1b yc39 ff7 fs8 fc3 sc0 lsd9 ws58\" style=\"z-index: 15;\">1.<span class=\"_ _5\"/>165,0 <span class=\"_ _e1\"> </span><span class=\"ls0 ws0\">0,<span class=\"_ _5\"/>0 <span class=\"_ _86\"> </span>2<span class=\"_ _5\"/>1,<span class=\"_ _5\"/>5 <span class=\"_ _69\"> </span>15<span class=\"_ _5\"/>5,6 <span class=\"_ _e5\"> </span><span class=\"ls2e ws30\">66,2<span class=\"_ _db\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>0)<span class=\"_ _97\"> </span><span class=\"lse8 ws10b\">(3,<span class=\"_ _5\"/>2)<span class=\"_ _db\"> </span></span>(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>6,<span class=\"_ _5\"/>9)<span class=\"_ _11c\"> </span><span class=\"lsd8 wsfa\">(<span class=\"_ _1\"/>12,1)<span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">8,<span class=\"_ _5\"/>1 <span class=\"_ _3e\"> </span><span class=\"ls45 ws4a\">1.<span class=\"_ _5\"/>261,<span class=\"_ _5\"/>2</span></span></span></span></span></span></div>\n<div class=\"t m0 xcf hc yc3a ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">VARIATION<span class=\"_ _d\"/> HORS TR\u00c9SORERIE</div>\n<div class=\"t m0 x7 hc yc3b ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _7a\"> </span><span class=\"ff7 fc0 ls10 ws12\">2020</span></div>\n<div class=\"t m0 x163 hc yc3c ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">VARIA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x7d hc yc3d ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ON DE</div>\n<div class=\"t m0 x11e hc yc3e ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TR\u00c9SO<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd hc yc3f ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">RERIE</div>\n<div class=\"t m0 x45 hc yc40 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>T DE</div>\n<div class=\"t m0 xb6 hc yc41 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVER<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x2b hc yc42 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">SION<span class=\"_ _78\"> </span><span class=\"lseb ws10c\">ACQUISITION</span></div>\n<div class=\"t m0 xcd hc yc41 ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">MODIFI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x115 hc yc42 ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON<span class=\"_ _78\"> </span><span class=\"lse7 ws3d\">CESSION</span></div>\n<div class=\"t m0 xd0 hc yc43 ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">CESSI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x17a hc yc44 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x150 hc yc45 ff5 fs7 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">REGRO<span class=\"_ _5\"/>UPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x150 hc yc46 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENT D'<span class=\"_ _d\"/>EN<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 xb hc yc47 ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">TREPRISES</div>\n<div class=\"t m0 x10a hc yc46 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>ANS<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xee hc yc47 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">FERT</div>\n<div class=\"t m0 xa2 hc yc48 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NSFE<span class=\"_ _5\"/>RT V<span class=\"_ _5\"/>ERS</div>\n<div class=\"t m0 x105 hc yc49 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">ACTIFS CLASSIFI\u00c9S</div>\n<div class=\"t m0 x147 hc yc4a ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME D\u00c9TEN<span class=\"_ _d\"/>US EN</div>\n<div class=\"t m0 x147 hc yc4b ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VU<span class=\"_ _5\"/>E DE L<span class=\"_ _5\"/>A VE<span class=\"_ _5\"/>NTE O<span class=\"_ _5\"/>U</div>\n<div class=\"t m0 x104 hc yc4c ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME I<span class=\"_ _d\"/>MMEUBLE DE<span class=\"_ _d\"/> <span class=\"_ _5\"/></div>\n<div class=\"t m0 xd3 hc yc4d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">PLACEMENT<span class=\"_ _d9\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _8d\"> </span><span class=\"ff7 fc0 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yc4e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _7e\"> </span><span class=\"ls0 ws0\">9,1 <span class=\"_ _1c7\"> </span><span class=\"ls90 wsa4\">(9,<span class=\"_ _5\"/>1)<span class=\"_ _20c\"> </span></span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _92\"> </span>9,1 <span class=\"_ _129\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _6c\"> </span></span>9,<span class=\"_ _5\"/>1 </span></div>\n<div class=\"t m0 x7 hd yc4f ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Papiers commerciaux<span class=\"_ _b0\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>5,0 <span class=\"_ _d9\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>65<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>)<span class=\"_ _20c\"> </span><span class=\"ls0 ws0\">0<span class=\"_ _5\"/>,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _6c\"> </span></span>0,<span class=\"_ _5\"/>0 </span></span></span></div>\n<div class=\"t m0 x7 hd yc50 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _a5\"> </span><span class=\"ls0 ws0\">0,<span class=\"_ _5\"/>2 <span class=\"_ _e3\"> </span><span class=\"ls1b ws1d\">1<span class=\"_ _5\"/>,7 <span class=\"_ _ab\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _201\"> </span></span></span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _97\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,8<span class=\"_ _5\"/>)<span class=\"_ _20c\"> </span></span>0<span class=\"_ _5\"/>,0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hd yc51 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013</div>\n<div class=\"t m0 x7 hd yc52 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">financement</div>\n<div class=\"t m0 x18d hd yc51 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">103<span class=\"_ _5\"/>,9 <span class=\"_ _3a\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>2<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>2)<span class=\"_ _221\"> </span><span class=\"ls0 ws0\">2,<span class=\"_ _5\"/>8 <span class=\"_ _95\"> </span></span></span>10,<span class=\"_ _5\"/>3 <span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">1,4 <span class=\"_ _39\"> </span><span class=\"ls90 wsa4\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _4c\"> </span><span class=\"ls1b ws1d\">(1,6<span class=\"_ _5\"/>)<span class=\"_ _86\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>8<span class=\"_ _5\"/> <span class=\"_ _119\"> </span></span></span></span></span>(5,9)<span class=\"_ _6c\"> </span><span class=\"ls0 ws0\">3<span class=\"_ _5\"/>,8 <span class=\"_ _14\"> </span><span class=\"ls12 ws14\">10<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hf yc53 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">EMPRUNTS C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x7 hf yc54 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">PORT<span class=\"_ _d\"/>ANT INTERETS</div>\n<div class=\"t m0 x18e h1b yc55 ff7 fs8 fc3 sc0 ls43 ws4d\" style=\"z-index: 15;\">278,<span class=\"_ _5\"/>2<span class=\"_ _d9\"> </span><span class=\"lsd2 wsf2\">(2<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>6<span class=\"_ _5\"/>)<span class=\"_ _e7\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>,7 <span class=\"_ _96\"> </span><span class=\"ls0 ws0\">10,<span class=\"_ _5\"/>4 <span class=\"_ _86\"> </span>1<span class=\"_ _5\"/>,4 <span class=\"_ _df\"> </span></span>(0<span class=\"_ _5\"/>,1)<span class=\"_ _97\"> </span><span class=\"ls86 ws50\">(3<span class=\"_ _5\"/>,4)<span class=\"_ _88\"> </span><span class=\"ls0 ws0\">1<span class=\"_ _5\"/>26,<span class=\"_ _5\"/>9 <span class=\"_ _30\"> </span><span class=\"lsdb wsfb\">(5,<span class=\"_ _5\"/>9)<span class=\"_ _8e\"> </span></span>3,<span class=\"_ _5\"/>8 <span class=\"_ _8c\"> </span><span class=\"ls20 ws22\">116<span class=\"_ _5\"/>,4 </span></span></span></span></span></div>\n<div class=\"t m0 x5 hb y51 ff7 fs6 fc3 sc0 ls5c ws70\" style=\"z-index: 15;\">2022</div>\n<div class=\"t m0 xcf hc yc56 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">VARIATION<span class=\"_ _d\"/> HORS TR\u00c9SORERIE</div>\n<div class=\"t m0 x7 hc yc57 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _f4\"> </span><span class=\"ff7 fc0 lsf ws11\">2021</span></div>\n<div class=\"t m0 x163 hc yc58 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">VARIA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x7d hc yc59 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ON DE</div>\n<div class=\"t m0 x11e hc yc5a ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TR\u00c9SO<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xd hc yc5b ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">RERIE</div>\n<div class=\"t m0 x45 hc yc5c ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00c9C<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>T DE</div>\n<div class=\"t m0 xb6 hc yc5d ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVER<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x2b hc yc5e ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">SION<span class=\"_ _78\"> </span><span class=\"lseb ws10c\">ACQUISITION</span></div>\n<div class=\"t m0 xcd hc yc5d ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">MODIFI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x115 hc yc5e ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON<span class=\"_ _78\"> </span><span class=\"lse7 ws3d\">CESSION</span></div>\n<div class=\"t m0 xd0 hc yc5f ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">CESSI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x17a hc yc60 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x150 hc yc61 ff5 fs7 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">REGRO<span class=\"_ _5\"/>UPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x150 hc yc62 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENT D'<span class=\"_ _d\"/>EN<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 xb hc yc63 ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">TREPRISES</div>\n<div class=\"t m0 x10a hc yc62 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>ANS<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xee hc yc63 ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">FERT</div>\n<div class=\"t m0 xa2 hc yc64 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NSFE<span class=\"_ _5\"/>RT V<span class=\"_ _5\"/>ERS</div>\n<div class=\"t m0 x105 hc yc65 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">ACTIFS CLASSIFI\u00c9S</div>\n<div class=\"t m0 x147 hc yc66 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME D\u00c9TEN<span class=\"_ _d\"/>US EN</div>\n<div class=\"t m0 x147 hc yc67 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VU<span class=\"_ _5\"/>E DE L<span class=\"_ _5\"/>A VE<span class=\"_ _5\"/>NTE O<span class=\"_ _5\"/>U</div>\n<div class=\"t m0 x104 hc yc68 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME I<span class=\"_ _d\"/>MMEUBLE DE<span class=\"_ _d\"/> <span class=\"_ _5\"/></div>\n<div class=\"t m0 xd3 hc yc69 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">PLACEMENT<span class=\"_ _d9\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _8d\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></span></div>\n<div class=\"t m0 x7 hd yc6a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _ef\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>3 <span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">0,0 <span class=\"_ _8e\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>1 <span class=\"_ _b0\"> </span></span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _85\"> </span><span class=\"ls2a ws2c\">(17<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4)<span class=\"_ _149\"> </span></span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span><span class=\"ls18 ws1a\">0,0</span></span></span></div>\n<div class=\"t m0 x7 hd yc6b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _8a\"> </span>6<span class=\"_ _5\"/>44<span class=\"_ _5\"/>,8 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _92\"> </span>0,0 <span class=\"_ _129\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>1,1 <span class=\"_ _da\"> </span>6<span class=\"_ _5\"/>4<span class=\"_ _5\"/>6,0</div>\n<div class=\"t m0 x7 hd yc6c ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _23d\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _6c\"> </span><span class=\"ls0 ws0\">0,<span class=\"_ _5\"/>0 <span class=\"_ _72\"> </span></span>0,0<span class=\"_ _201\"> </span><span class=\"ls0 ws0\">0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _205\"> </span>0,0 <span class=\"_ _72\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span></span>0,<span class=\"_ _5\"/>0</span></div>\n<div class=\"t m0 x7 hd yc6d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013</div>\n<div class=\"t m0 x7 hd yc6e ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">financement</div>\n<div class=\"t m0 x18d hd yc6d ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">453,1 <span class=\"_ _e3\"> </span><span class=\"ls0 ws0\">0,0 <span class=\"_ _8e\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>2 <span class=\"_ _74\"> </span><span class=\"ls22 ws24\">161,4 <span class=\"_ _89\"> </span></span></span>6<span class=\"_ _5\"/>8,1 <span class=\"_ _da\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>2,<span class=\"_ _5\"/>8)<span class=\"_ _23e\"> </span></span>3,6 <span class=\"_ _14a\"> </span><span class=\"ls1b ws1d\">(16<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>8)<span class=\"_ _2a\"> </span></span>0,<span class=\"_ _5\"/>0 <span class=\"_ _39\"> </span>1<span class=\"_ _5\"/>2,0 <span class=\"_ _14a\"> </span>53<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>9 </span></div>\n<div class=\"t m0 x7 hf yc6f ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">EMPRUNTS NON C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x7 hf yc70 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">PORT<span class=\"_ _d\"/>ANT INTERETS</div>\n<div class=\"t m0 x16d h1b yc71 ff7 fs8 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">1.261,2 <span class=\"_ _e1\"> </span>0,0 <span class=\"_ _e1\"> </span>20,<span class=\"_ _5\"/>3 <span class=\"_ _69\"> </span>1<span class=\"_ _5\"/>61,<span class=\"_ _5\"/>4 <span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>8,<span class=\"_ _5\"/>1 <span class=\"_ _6b\"> </span><span class=\"ls45 ws4a\">(12<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8)<span class=\"_ _1c6\"> </span></span>3,6 <span class=\"_ _6b\"> </span><span class=\"lsdb wsfb\">(3<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3)<span class=\"_ _103\"> </span></span>0,0 <span class=\"_ _e5\"> </span>1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>2 <span class=\"_ _3e\"> </span><span class=\"ls46 ws53\">1.18<span class=\"_ _5\"/>0,9</span></div>\n\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s no<span class=\"_ _5\"/>n couran<span class=\"_ _5\"/>ts p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant in<span class=\"_ _5\"/>t\u00e9r\u00eat o<span class=\"_ _5\"/>nt diminu\u00e9 d<span class=\"_ _5\"/>e 80,4 m<span class=\"_ _5\"/>EUR pour at<span class=\"_ _5\"/>tein<span class=\"_ _5\"/>dre 1.18<span class=\"_ _5\"/>0,9 m<span class=\"_ _5\"/>EUR, ca<span class=\"_ _5\"/>r le pr\u00eat \u00e0 t<span class=\"_ _5\"/>erme d<span class=\"_ _5\"/>e 185<span class=\"_ _5\"/>,0</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mUSD a \u00e9<span class=\"_ _5\"/>t\u00e9 tran<span class=\"_ _5\"/>sf\u00e9r<span class=\"_ _5\"/>\u00e9 des pr<span class=\"_ _5\"/>\u00eat<span class=\"_ _5\"/>s et emp<span class=\"_ _5\"/>runt<span class=\"_ _5\"/>s non co<span class=\"_ _5\"/>urant<span class=\"_ _5\"/>s aux p<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s por<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ant int\u00e9r<span class=\"_ _5\"/>\u00eat, \u00e9<span class=\"_ _5\"/>tant do<span class=\"_ _5\"/>nn\u00e9 que ce p<span class=\"_ _5\"/>r\u00eat es<span class=\"_ _5\"/>t d\u00fb dan<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'ann\u00e9<span class=\"_ _5\"/>e. Cet<span class=\"_ _5\"/>te diminu<span class=\"_ _5\"/>tion a \u00e9<span class=\"_ _5\"/>t\u00e9 par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt compe<span class=\"_ _5\"/>ns\u00e9<span class=\"_ _5\"/>e par l'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>ett<span class=\"_ _5\"/>es de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n. T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>us les m<span class=\"_ _5\"/>ouvem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s li\u00e9s au<span class=\"_ _5\"/>x ajout<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aux d<span class=\"_ _5\"/>\u00e9tail<span class=\"_ _5\"/>s des l<span class=\"_ _5\"/>ocat<span class=\"_ _5\"/>ions s<span class=\"_ _5\"/>ont ex<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>s dans la n<span class=\"_ _5\"/>ote 6.16.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 177px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 177px; height: 905px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 177px; height: 905px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x94 hc yc72 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">VARIATION<span class=\"_ _d\"/> HORS TR\u00c9SORERIE</div>\n<div class=\"t m0 x7 hc yc73 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _b6\"> </span><span class=\"ff7 fc0 lsf ws11\">2021</span></div>\n<div class=\"t m0 x7d hc yc74 ff5 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">VARIA<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x18a hc yc75 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>ON DE</div>\n<div class=\"t m0 x33 hc yc76 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">TR\u00c9SO<span class=\"_ _5\"/><span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x2e hc yc77 ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">RERIE</div>\n<div class=\"t m0 xc1 hc yc78 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EC<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>T DE</div>\n<div class=\"t m0 x18b hc yc79 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">CONVER<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x44 hc yc7a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">SION<span class=\"_ _78\"> </span><span class=\"lseb ws10c\">ACQUISITION</span></div>\n<div class=\"t m0 x3 hc yc79 ff7 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">MODIFI<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x172 hc yc7a ff5 fs7 fc2 sc0 lsd1 wsb2\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON<span class=\"_ _78\"> </span><span class=\"lse7 ws3d\">CESSION</span></div>\n<div class=\"t m0 x17a hc yc7b ff5 fs7 fc2 sc0 ls10 ws12\" style=\"z-index: 15;\">CESSI<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x152 hc yc7c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ON PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x9 hc yc7d ff5 fs7 fc2 sc0 ls2c ws2e\" style=\"z-index: 15;\">REGRO<span class=\"_ _5\"/>UPE<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 x180 hc yc7e ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">MENT D'<span class=\"_ _d\"/>EN<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x150 hc yc7f ff5 fs7 fc2 sc0 lse1 ws104\" style=\"z-index: 15;\">TREPRISES</div>\n<div class=\"t m0 x170 hc yc7e ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>ANS<span class=\"ff7 ls0 ws0\">-</span></div>\n<div class=\"t m0 xb8 hc yc7f ff5 fs7 fc2 sc0 lse ws10\" style=\"z-index: 15;\">FERT</div>\n<div class=\"t m0 x121 hc yc80 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TR<span class=\"_ _5\"/>A<span class=\"_ _5\"/>NSFE<span class=\"_ _5\"/>RT V<span class=\"_ _5\"/>ERS</div>\n<div class=\"t m0 x18c hc yc81 ff5 fs7 fc2 sc0 ls6 ws7\" style=\"z-index: 15;\">ACTIFS CLASSIFI\u00c9S</div>\n<div class=\"t m0 x102 hc yc82 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME D\u00c9TEN<span class=\"_ _d\"/>US EN</div>\n<div class=\"t m0 x102 hc yc83 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">VU<span class=\"_ _5\"/>E DE L<span class=\"_ _5\"/>A VE<span class=\"_ _5\"/>NTE O<span class=\"_ _5\"/>U</div>\n<div class=\"t m0 x103 hc yc84 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">COMME I<span class=\"_ _d\"/>MMEUBLE DE<span class=\"_ _d\"/> <span class=\"_ _5\"/></div>\n<div class=\"t m0 x178 hc yc85 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">PLACEMENT<span class=\"_ _d9\"> </span><span class=\"lsa0 wsb3\">AUTRES<span class=\"_ _8d\"> </span><span class=\"ff7 fc0 lse ws10\">2022</span></span></div>\n<div class=\"t m0 x7 hd yc86 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _1cc\"> </span><span class=\"ls0 ws0\">9,1 <span class=\"_ _da\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>1)<span class=\"_ _221\"> </span></span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _b0\"> </span>4,0 <span class=\"_ _66\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4 <span class=\"_ _129\"> </span></span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _85\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>3<span class=\"_ _5\"/>,<span class=\"_ _5\"/>4 </span></span></div>\n<div class=\"t m0 x7 hd yc87 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Papiers commerciaux<span class=\"_ _206\"> </span><span class=\"ls0 ws0\">0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _92\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _b0\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _b0\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _72\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _ab\"> </span>0<span class=\"_ _5\"/>,0 </span></div>\n<div class=\"t m0 x7 hd yc88 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _83\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _8f\"> </span>0,0<span class=\"_ _221\"> </span><span class=\"ls0 ws0\">0,0 <span class=\"_ _b0\"> </span>0<span class=\"_ _5\"/>,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _e3\"> </span>0,0 <span class=\"_ _205\"> </span>0,0 <span class=\"_ _92\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _129\"> </span>0,0 <span class=\"_ _e3\"> </span></span>0,0<span class=\"_ _8d\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7 hd yc89 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013</div>\n<div class=\"t m0 x7 hd yc8a ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">financement</div>\n<div class=\"t m0 x13a hd yc89 ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">1<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>3<span class=\"_ _5\"/> <span class=\"_ _23f\"> </span>(<span class=\"_ _5\"/>1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0<span class=\"_ _5\"/>)<span class=\"_ _221\"> </span><span class=\"ls0 ws0\">1,<span class=\"_ _5\"/>9 <span class=\"_ _44\"> </span>0<span class=\"_ _5\"/>,5 <span class=\"_ _e3\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _18b\"> </span><span class=\"ls90 wsa4\">(0<span class=\"_ _5\"/>,1)<span class=\"_ _201\"> </span></span>0,<span class=\"_ _5\"/>3 <span class=\"_ _8d\"> </span><span class=\"ls22 ws24\">160,<span class=\"_ _5\"/>8 <span class=\"_ _129\"> </span></span>0,0 <span class=\"_ _e3\"> </span>0<span class=\"_ _5\"/>,1 <span class=\"_ _da\"> </span>1<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4,1 </span></div>\n<div class=\"t m0 x7 hf yc8b ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">EMPRUNTS C<span class=\"_ _1\"/>OURANTS</div>\n<div class=\"t m0 x7 hf yc8c ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">PORT<span class=\"_ _d\"/>ANT INTERETS</div>\n<div class=\"t m0 x120 h1b yc8d ff7 fs8 fc3 sc0 ls20 ws22\" style=\"z-index: 15;\">116,<span class=\"_ _5\"/>4 <span class=\"_ _f\"> </span><span class=\"ls45 ws4a\">(1<span class=\"_ _5\"/>5<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>1)<span class=\"_ _e7\"> </span><span class=\"ls0 ws0\">1,<span class=\"_ _5\"/>9 <span class=\"_ _8a\"> </span>0<span class=\"_ _5\"/>,5 <span class=\"_ _e1\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _df\"> </span><span class=\"lsd4 wsf5\">(0,<span class=\"_ _5\"/>1)<span class=\"_ _205\"> </span></span>4,<span class=\"_ _5\"/>3 <span class=\"_ _18b\"> </span>33<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>3 <span class=\"_ _19\"> </span>0,<span class=\"_ _5\"/>0 <span class=\"_ _86\"> </span>0,<span class=\"_ _5\"/>1 <span class=\"_ _75\"> </span><span class=\"lsd2 wsf2\">3<span class=\"_ _5\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3</span></span></span></div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s por<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ant int\u00e9r<span class=\"_ _5\"/>\u00eat ont au<span class=\"_ _5\"/>gment\u00e9 d<span class=\"_ _5\"/>e 190,<span class=\"_ _5\"/>9 mEUR p<span class=\"_ _5\"/>our at<span class=\"_ _5\"/>teindr<span class=\"_ _5\"/>e 307<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3 mEUR<span class=\"_ _5\"/>, ce qui s'exp<span class=\"_ _5\"/>lique pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt par</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le tr<span class=\"_ _5\"/>ansf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t du pr\u00ea<span class=\"_ _5\"/>t \u00e0 term<span class=\"_ _5\"/>e de 185<span class=\"_ _5\"/>,0 mUSD de<span class=\"_ _5\"/>s pr\u00eat<span class=\"_ _5\"/>s et e<span class=\"_ _5\"/>mpr<span class=\"_ _5\"/>unts n<span class=\"_ _5\"/>on cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s aux pr\u00ea<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t empr<span class=\"_ _5\"/>unt<span class=\"_ _5\"/>s coura<span class=\"_ _5\"/>nts p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant in<span class=\"_ _5\"/>t\u00e9r\u00eat<span class=\"_ _5\"/>. Dans la n<span class=\"_ _5\"/>ote</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>30, s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tion r<span class=\"_ _5\"/>isque<span class=\"_ _5\"/>s de ta<span class=\"_ _5\"/>ux d'int\u00e9r<span class=\"_ _5\"/>\u00eat, le<span class=\"_ _5\"/>s term<span class=\"_ _5\"/>es et co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>ons de<span class=\"_ _5\"/>s pr\u00eat<span class=\"_ _5\"/>s et em<span class=\"_ _5\"/>prun<span class=\"_ _5\"/>ts p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tant int<span class=\"_ _5\"/>\u00e9r\u00eat s<span class=\"_ _5\"/>ont pr\u00e9<span class=\"_ _5\"/>sent<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, le der<span class=\"_ _5\"/>nier p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nt (9,1 mEUR) re<span class=\"_ _5\"/>latif au p<span class=\"_ _5\"/>r\u00eat de l<span class=\"_ _5\"/>a Banqu<span class=\"_ _5\"/>e europ<span class=\"_ _5\"/>\u00e9en<span class=\"_ _5\"/>ne d'inves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent (\"B<span class=\"_ _5\"/>EI\") a \u00e9t\u00e9 e<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tu\u00e9. En 20<span class=\"_ _5\"/>07<span class=\"_ _1\"/>, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>t\u00e9 un pr\u00ea<span class=\"_ _5\"/>t de 100,<span class=\"_ _5\"/>0 mEUR \u00e0 tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t var<span class=\"_ _5\"/>iable aup<span class=\"_ _5\"/>r\u00e8s de la B<span class=\"_ _5\"/>EI.</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A note<span class=\"_ _5\"/>r que le tot<span class=\"_ _5\"/>al des col<span class=\"_ _5\"/>onnes \"<span class=\"_ _5\"/>f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9sor<span class=\"_ _5\"/>erie\" m<span class=\"_ _5\"/>enti<span class=\"_ _5\"/>onn\u00e9e<span class=\"_ _5\"/>s dans le t<span class=\"_ _5\"/>ablea<span class=\"_ _5\"/>u ci-<span class=\"_ _5\"/>des<span class=\"_ _5\"/>sus s'\u00e9l\u00e8ve \u00e0 -15<span class=\"_ _5\"/>0,1 mEUR<span class=\"_ _5\"/>, tandi<span class=\"_ _5\"/>s que les \"<span class=\"_ _5\"/>fl<span class=\"_ _5\"/>ux net<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">li\u00e9<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie re<span class=\"_ _5\"/>latif<span class=\"_ _5\"/>s aux em<span class=\"_ _5\"/>prunt<span class=\"_ _5\"/>s et  d<span class=\"_ _5\"/>et<span class=\"_ _5\"/>tes de lo<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>n\" (<span class=\"_ _d\"/>c'est-\u00e0<span class=\"_ _5\"/>-<span class=\"_ _5\"/>dire les f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie li\u00e9<span class=\"_ _5\"/>s aux ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s de f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>ceme<span class=\"_ _5\"/>nt \u00e0 l'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>clusio<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des d<span class=\"_ _5\"/>ivid<span class=\"_ _5\"/>ende<span class=\"_ _5\"/>s vers<span class=\"_ _5\"/>\u00e9s) dans l'\u00e9ta<span class=\"_ _5\"/>t conso<span class=\"_ _5\"/>lid\u00e9 de<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie s'\u00e9l\u00e8ve<span class=\"_ _5\"/>nt \u00e0 -<span class=\"_ _d\"/>163,<span class=\"_ _5\"/>6 mEUR. L<span class=\"_ _5\"/>a diff\u00e9<span class=\"_ _5\"/>rence d<span class=\"_ _5\"/>e -<span class=\"_ _1\"/>1<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>5 mEUR es<span class=\"_ _5\"/>t pri<span class=\"_ _5\"/>ncipale<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">due au<span class=\"_ _5\"/>x int\u00e9r\u00ea<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>em<span class=\"_ _5\"/>prun<span class=\"_ _5\"/>t \u00e0 terme e<span class=\"_ _5\"/>t au ren<span class=\"_ _5\"/>deme<span class=\"_ _5\"/>nt de l'oblig<span class=\"_ _5\"/>ation co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>ilis\u00e9<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s compte<span class=\"_ _5\"/>s fourn<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eurs e<span class=\"_ _5\"/>t autre<span class=\"_ _5\"/>s cr\u00e9<span class=\"_ _5\"/>diteur<span class=\"_ _5\"/>s, qui</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ne s<span class=\"_ _5\"/>ont don<span class=\"_ _5\"/>c pas men<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>\u00e9s dans ce<span class=\"_ _5\"/>tte n<span class=\"_ _5\"/>ote.</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">A note<span class=\"_ _5\"/>r que bpo<span class=\"_ _5\"/>st dis<span class=\"_ _5\"/>pose \u00e9<span class=\"_ _5\"/>gale<span class=\"_ _5\"/>ment de d<span class=\"_ _5\"/>eux lig<span class=\"_ _5\"/>nes de c<span class=\"_ _5\"/>r\u00e9dit n<span class=\"_ _5\"/>on utili<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s pour un m<span class=\"_ _5\"/>onta<span class=\"_ _5\"/>nt total d<span class=\"_ _5\"/>e 375,0 mEUR<span class=\"_ _5\"/>, voir no<span class=\"_ _5\"/>te 6.<span class=\"_ _5\"/>32 \"<span class=\"_ _d\"/>dro<span class=\"_ _5\"/>its e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">engagements\"<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Il n'y a pas d<span class=\"_ _5\"/>e convent<span class=\"_ _5\"/>ion sur ce<span class=\"_ _5\"/>s pr\u00eat<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 582px; height: 502px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 582px; height: 502px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag147": {
   "value": "\n<div/>\n\n<div/>\n<div/>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.27 <span class=\"_ _4\"> </span>Det<span class=\"_ _5\"/>t<span class=\"_ _d\"/>es com<span class=\"_ _d\"/>merci<span class=\"_ _d\"/>ales et aut<span class=\"_ _d\"/>res dettes</div>\n<div class=\"t m0 x7 hb y82 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y990 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd y991 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes c<span class=\"_ _d\"/>ommerciales<span class=\"_ _175\"> </span><span class=\"ls42 ws4c\">2,<span class=\"_ _5\"/>2<span class=\"_ _13e\"> </span><span class=\"ls0 ws0\">1<span class=\"_ _5\"/>,6 </span></span></div>\n<div class=\"t m0 x7 hd y992 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres dettes<span class=\"_ _269\"> </span><span class=\"ls1b ws1d\">2<span class=\"_ _5\"/>3,7<span class=\"_ _1d7\"> </span><span class=\"ls2b ws2d\">31,8</span></span></div>\n<div class=\"t m0 x7 hf y993 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES DETTES NON COURANTES</div>\n<div class=\"t m0 x170 h1b y994 ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">25,9<span class=\"_ _1e2\"> </span><span class=\"ls25 ws27\">33,3</span></div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e sont li<span class=\"_ _5\"/>\u00e9es \u00e0 l'acha<span class=\"_ _5\"/>t des ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns mino<span class=\"_ _5\"/>rita<span class=\"_ _5\"/>ires d'Act<span class=\"_ _5\"/>ive A<span class=\"_ _5\"/>nts In<span class=\"_ _5\"/>ternat<span class=\"_ _5\"/>ional<span class=\"_ _5\"/>, Ant<span class=\"_ _5\"/>hill et Mar<span class=\"_ _5\"/>ceau (IMX<span class=\"_ _5\"/>). La dimin<span class=\"_ _5\"/>ution</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt \u00e0 l'ann<span class=\"_ _5\"/>\u00e9e de<span class=\"_ _5\"/>rni\u00e8r<span class=\"_ _5\"/>e s'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>e par la r\u00e9<span class=\"_ _5\"/>\u00e9valua<span class=\"_ _5\"/>tion en 2<span class=\"_ _5\"/>022 du p<span class=\"_ _5\"/>rix d'exe<span class=\"_ _5\"/>rcice va<span class=\"_ _5\"/>riable p<span class=\"_ _5\"/>our le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ions re<span class=\"_ _5\"/>st<span class=\"_ _5\"/>antes d'Ant<span class=\"_ _5\"/>hill BV et d'Ac-</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s Inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>nal, par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>iellem<span class=\"_ _5\"/>ent com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>\u00e9e par la r<span class=\"_ _5\"/>econn<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>ance du pa<span class=\"_ _5\"/>ssif l<span class=\"_ _5\"/>i\u00e9 aux ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns mino<span class=\"_ _5\"/>rita<span class=\"_ _5\"/>ires d'I<span class=\"_ _5\"/>MX<span class=\"_ _5\"/>.</div>\n\n<div/>\n\n<div/>\n\n<div class=\"t m0 x7 hb y8d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y27 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x55 hc yd66 ff7 fs7 fc0 sc0 lse ws10\" style=\"z-index: 15;\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></div>\n<div class=\"t m0 x7 hd yd67 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes c<span class=\"_ _d\"/>ommerciales<span class=\"_ _26a\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5<span class=\"_ _1e8\"> </span><span class=\"ls0 ws0\"> 382,<span class=\"_ _5\"/>9 </span></span></div>\n<div class=\"t m0 x7 hd yd68 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s col<span class=\"_ _5\"/>lec<span class=\"_ _5\"/>t\u00e9s du<span class=\"_ _5\"/>s aux cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s<span class=\"_ _18f\"> </span><span class=\"ls7 ws8\">65,5<span class=\"_ _1e2\"> </span></span> 59,9</div>\n<div class=\"t m0 x7 hd yd69 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Frais terminaux<span class=\"_ _26b\"> </span>298,4<span class=\"_ _1c9\"> </span><span class=\"ls0 ws0\"> 32<span class=\"_ _5\"/>9,2 </span></div>\n<div class=\"t m0 x7 hd yd6a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes salariales et<span class=\"_ _d\"/> sociales<span class=\"_ _26c\"> </span><span class=\"ls2b ws2d\">421,<span class=\"_ _5\"/>6<span class=\"_ _1fd\"> </span><span class=\"ls1d ws1f\"> 366,4 </span></span></div>\n<div class=\"t m0 x7 hd yd6b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>sca<span class=\"_ _5\"/>les au<span class=\"_ _5\"/>tres q<span class=\"_ _5\"/>ue l'imp<span class=\"_ _5\"/>\u00f4t sur le<span class=\"_ _5\"/>s rev<span class=\"_ _5\"/>enus<span class=\"_ _166\"> </span><span class=\"ls2b ws2d\">10,0<span class=\"_ _18a\"> </span><span class=\"ls1b ws1d\"> 9,7 </span></span></div>\n<div class=\"t m0 x7 hd yd6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Compte de transit machines \u00e0<span class=\"_ _d\"/> af<span class=\"_ _5\"/>franchir<span class=\"_ _163\"> </span><span class=\"ls2b ws2d\">10,3<span class=\"_ _1e2\"> </span> 10,<span class=\"_ _5\"/>3 </span></div>\n<div class=\"t m0 x7 hd yd6d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Fon<span class=\"_ _5\"/>ds de ro<span class=\"_ _5\"/>ulem<span class=\"_ _5\"/>ent de l'<span class=\"_ _5\"/>Etat po<span class=\"_ _5\"/>ur la fo<span class=\"_ _5\"/>urni<span class=\"_ _5\"/>ture de<span class=\"_ _5\"/>s se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices p<span class=\"_ _5\"/>os<span class=\"_ _5\"/>taux</div>\n<div class=\"t m0 x7 hd yd6e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">financier<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x55 hd yd6d ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">18,8<span class=\"_ _1f5\"> </span><span class=\"ls0 ws0\"> 18<span class=\"_ _5\"/>,8 </span></div>\n<div class=\"t m0 x7 hd yd6f ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Cautions<span class=\"_ _26d\"> </span><span class=\"ls43 ws4d\">11,<span class=\"_ _5\"/>5<span class=\"_ _1ce\"> </span><span class=\"ls0 ws0\"> 11<span class=\"_ _5\"/>,3 </span></span></div>\n<div class=\"t m0 x7 hd yd70 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions (hors frais terminaux)<span class=\"_ _146\"> </span><span class=\"ls16 ws18\">181,8<span class=\"_ _1e8\"> </span><span class=\"ls2a ws2c\"> 179<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hd yd71 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Produits repor<span class=\"_ _5\"/>t\u00e9s<span class=\"_ _26e\"> </span><span class=\"ls28 ws2a\">73,6<span class=\"_ _1f5\"> </span><span class=\"ls0 ws0\"> 75<span class=\"_ _5\"/>,8 </span></span></div>\n<div class=\"t m0 x7 hd yd72 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres dettes<span class=\"_ _26f\"> </span><span class=\"ls7 ws8\">15,<span class=\"_ _5\"/>5<span class=\"_ _1f5\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hf yd73 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES DETTES COURANTES</div>\n<div class=\"t m0 x27 h1b yd74 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">1.494,4<span class=\"_ _1ef\"> </span><span class=\"ls0 ws0\"> 1<span class=\"_ _5\"/>.470,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 541px; height: 301px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 541px; height: 301px; width: 88%; z-index: 5;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 541px; height: 301px; width: 90%; z-index: 4;\"/>\n\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les v<span class=\"_ _5\"/>aleur<span class=\"_ _5\"/>s compt<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s sont con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>\u00e9es co<span class=\"_ _5\"/>mme une a<span class=\"_ _5\"/>pproxi<span class=\"_ _5\"/>mation r<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>onnable d<span class=\"_ _5\"/>e la jus<span class=\"_ _5\"/>te valeu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>.</div>\n\n<div/>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es det<span class=\"_ _5\"/>tes co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ciales e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es det<span class=\"_ _5\"/>tes \u00e0 co<span class=\"_ _5\"/>ur<span class=\"_ _5\"/>t term<span class=\"_ _5\"/>e de 23<span class=\"_ _5\"/>,5 m<span class=\"_ _5\"/>EUR \u00e0 1.49<span class=\"_ _5\"/>4,4 mEUR s'exp<span class=\"_ _5\"/>lique p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>paleme<span class=\"_ _5\"/>nt par :</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on de l'encou<span class=\"_ _5\"/>rs de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes sa<span class=\"_ _5\"/>larial<span class=\"_ _5\"/>es et s<span class=\"_ _5\"/>ociale<span class=\"_ _5\"/>s (55,<span class=\"_ _5\"/>2 mEUR), pri<span class=\"_ _5\"/>ncipale<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>ue au rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t du paie<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es pr\u00e9<span class=\"_ _5\"/>compte<span class=\"_ _5\"/>s sur</div>\n<div class=\"t m0 x2a h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sal<span class=\"_ _5\"/>aires (3<span class=\"_ _5\"/>0,6 mEUR), une m<span class=\"_ _5\"/>esure a<span class=\"_ _5\"/>ccord\u00e9<span class=\"_ _5\"/>e par le gou<span class=\"_ _5\"/>vern<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t belge da<span class=\"_ _5\"/>ns le conte<span class=\"_ _5\"/>xte d<span class=\"_ _5\"/>e la cri<span class=\"_ _5\"/>se \u00e9ne<span class=\"_ _5\"/>rg\u00e9t<span class=\"_ _5\"/>ique ; par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>iellem<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>ens<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x2a h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par ;</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>la dimi<span class=\"_ _5\"/>nutio<span class=\"_ _5\"/>n des fr<span class=\"_ _5\"/>ais ter<span class=\"_ _5\"/>minau<span class=\"_ _5\"/>x des op<span class=\"_ _5\"/>\u00e9rate<span class=\"_ _5\"/>urs p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux de 3<span class=\"_ _5\"/>0,8 mEUR e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de l'augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s r\u00e8gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s posit<span class=\"_ _5\"/>ions en s<span class=\"_ _5\"/>us-</div>\n<div class=\"t m0 x2a h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>ns de l'ann\u00e9<span class=\"_ _5\"/>e pr\u00e9c\u00e9<span class=\"_ _5\"/>dente e<span class=\"_ _5\"/>t de la dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>front<span class=\"_ _5\"/>ali\u00e8<span class=\"_ _5\"/>res ;</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>le rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent du fo<span class=\"_ _5\"/>nds de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt de 12,<span class=\"_ _5\"/>0 mEUR (inc<span class=\"_ _5\"/>lus dans le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es det<span class=\"_ _5\"/>tes) de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e au 3 janvie<span class=\"_ _5\"/>r 2022 a<span class=\"_ _5\"/>u mome<span class=\"_ _5\"/>nt de la</div>\n<div class=\"t m0 x2a h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n dans laq<span class=\"_ _5\"/>uelle B<span class=\"_ _5\"/>NP Parib<span class=\"_ _5\"/>as For<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>s a acquis le<span class=\"_ _5\"/>s 50<span class=\"_ _5\"/>% d'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de bp<span class=\"_ _5\"/>ost dan<span class=\"_ _5\"/>s bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que.</div>\n\n<div class=\"t m0 x5 hb y20d ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Pas<span class=\"_ _5\"/>sifs d<span class=\"_ _5\"/>e contra<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x7 hb y5d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd75 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd76 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Tim<span class=\"_ _5\"/>bre<span class=\"_ _5\"/>s vend<span class=\"_ _5\"/>us non u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s et c<span class=\"_ _5\"/>r\u00e9di<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ur mach<span class=\"_ _5\"/>ines \u00e0 a<span class=\"_ _5\"/>ff<span class=\"_ _5\"/>ran<span class=\"_ _5\"/>chir<span class=\"_ _270\"> </span><span class=\"ls3b ws43\">53,1<span class=\"_ _1e2\"> </span><span class=\"ls12 ws14\"> 4<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>9<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hd yd77 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>ifs de c<span class=\"_ _5\"/>ontr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s<span class=\"_ _195\"> </span><span class=\"ls28 ws2a\">18,5<span class=\"_ _1f5\"> </span></span> 2<span class=\"_ _5\"/>5,9</div>\n<div class=\"t m0 x7 hf yd78 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">OBLIGA<span class=\"_ _1\"/>TIONS LI\u00c9ES AUX C<span class=\"_ _d\"/>ONTRA<span class=\"_ _1\"/>TS</div>\n<div class=\"t m0 x170 h1b yd79 ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">71,<span class=\"_ _5\"/>6<span class=\"_ _128\"> </span><span class=\"ls0 ws0\"> 7<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>8</span></div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s d\u00e9j\u00e0 pay\u00e9<span class=\"_ _5\"/>es par le<span class=\"_ _5\"/>s clien<span class=\"_ _5\"/>ts qui o<span class=\"_ _5\"/>nt \u00e9t\u00e9 aff<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>t\u00e9es \u00e0 l'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de pre<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>tion r\u00e9<span class=\"_ _5\"/>sidue<span class=\"_ _5\"/>lle (par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent) ins<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>faite s'\u00e9l\u00e8<span class=\"_ _5\"/>vent</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 53<span class=\"_ _5\"/>,1 mEUR et co<span class=\"_ _5\"/>ncern<span class=\"_ _5\"/>ent pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t les tim<span class=\"_ _5\"/>bres e<span class=\"_ _5\"/>t les cr\u00e9<span class=\"_ _5\"/>dit<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s machin<span class=\"_ _5\"/>es \u00e0 affr<span class=\"_ _5\"/>anch<span class=\"_ _5\"/>ir vendu<span class=\"_ _5\"/>s, mais n<span class=\"_ _5\"/>on enco<span class=\"_ _5\"/>re utili<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r les</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clie<span class=\"_ _5\"/>nts \u00e0 l<span class=\"_ _5\"/>a date de cl\u00f4t<span class=\"_ _5\"/>ure du bila<span class=\"_ _5\"/>n. \u00c0 la f<span class=\"_ _5\"/>in de l'ann\u00e9e<span class=\"_ _5\"/>, l'<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>on de r\u00e9<span class=\"_ _5\"/>sultat p<span class=\"_ _5\"/>our le SIEG a \u00e9<span class=\"_ _5\"/>t\u00e9 remp<span class=\"_ _5\"/>lie et au<span class=\"_ _5\"/>cun pas<span class=\"_ _5\"/>sif de cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s n'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">comptabilis\u00e9.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 117px; height: 230px; width: 88%; z-index: 5;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 117px; height: 380px; width: 90%; z-index: 4;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 117px; height: 965px; width: 92%; z-index: 3;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 117px; height: 965px; width: 94%; z-index: 2;\"/>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag148": {
   "value": "\n<div/>\n\n<div class=\"t m0 x7 hb y8d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y27 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x55 hc yd66 ff7 fs7 fc0 sc0 lse ws10\" style=\"z-index: 15;\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></div>\n<div class=\"t m0 x7 hd yd67 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes c<span class=\"_ _d\"/>ommerciales<span class=\"_ _26a\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5<span class=\"_ _1e8\"> </span><span class=\"ls0 ws0\"> 382,<span class=\"_ _5\"/>9 </span></span></div>\n<div class=\"t m0 x7 hd yd68 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s col<span class=\"_ _5\"/>lec<span class=\"_ _5\"/>t\u00e9s du<span class=\"_ _5\"/>s aux cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s<span class=\"_ _18f\"> </span><span class=\"ls7 ws8\">65,5<span class=\"_ _1e2\"> </span></span> 59,9</div>\n<div class=\"t m0 x7 hd yd69 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Frais terminaux<span class=\"_ _26b\"> </span>298,4<span class=\"_ _1c9\"> </span><span class=\"ls0 ws0\"> 32<span class=\"_ _5\"/>9,2 </span></div>\n<div class=\"t m0 x7 hd yd6a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes salariales et<span class=\"_ _d\"/> sociales<span class=\"_ _26c\"> </span><span class=\"ls2b ws2d\">421,<span class=\"_ _5\"/>6<span class=\"_ _1fd\"> </span><span class=\"ls1d ws1f\"> 366,4 </span></span></div>\n<div class=\"t m0 x7 hd yd6b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>sca<span class=\"_ _5\"/>les au<span class=\"_ _5\"/>tres q<span class=\"_ _5\"/>ue l'imp<span class=\"_ _5\"/>\u00f4t sur le<span class=\"_ _5\"/>s rev<span class=\"_ _5\"/>enus<span class=\"_ _166\"> </span><span class=\"ls2b ws2d\">10,0<span class=\"_ _18a\"> </span><span class=\"ls1b ws1d\"> 9,7 </span></span></div>\n<div class=\"t m0 x7 hd yd6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Compte de transit machines \u00e0<span class=\"_ _d\"/> af<span class=\"_ _5\"/>franchir<span class=\"_ _163\"> </span><span class=\"ls2b ws2d\">10,3<span class=\"_ _1e2\"> </span> 10,<span class=\"_ _5\"/>3 </span></div>\n<div class=\"t m0 x7 hd yd6d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Fon<span class=\"_ _5\"/>ds de ro<span class=\"_ _5\"/>ulem<span class=\"_ _5\"/>ent de l'<span class=\"_ _5\"/>Etat po<span class=\"_ _5\"/>ur la fo<span class=\"_ _5\"/>urni<span class=\"_ _5\"/>ture de<span class=\"_ _5\"/>s se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices p<span class=\"_ _5\"/>os<span class=\"_ _5\"/>taux</div>\n<div class=\"t m0 x7 hd yd6e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">financier<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x55 hd yd6d ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">18,8<span class=\"_ _1f5\"> </span><span class=\"ls0 ws0\"> 18<span class=\"_ _5\"/>,8 </span></div>\n<div class=\"t m0 x7 hd yd6f ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Cautions<span class=\"_ _26d\"> </span><span class=\"ls43 ws4d\">11,<span class=\"_ _5\"/>5<span class=\"_ _1ce\"> </span><span class=\"ls0 ws0\"> 11<span class=\"_ _5\"/>,3 </span></span></div>\n<div class=\"t m0 x7 hd yd70 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions (hors frais terminaux)<span class=\"_ _146\"> </span><span class=\"ls16 ws18\">181,8<span class=\"_ _1e8\"> </span><span class=\"ls2a ws2c\"> 179<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hd yd71 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Produits repor<span class=\"_ _5\"/>t\u00e9s<span class=\"_ _26e\"> </span><span class=\"ls28 ws2a\">73,6<span class=\"_ _1f5\"> </span><span class=\"ls0 ws0\"> 75<span class=\"_ _5\"/>,8 </span></span></div>\n<div class=\"t m0 x7 hd yd72 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres dettes<span class=\"_ _26f\"> </span><span class=\"ls7 ws8\">15,<span class=\"_ _5\"/>5<span class=\"_ _1f5\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hf yd73 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES DETTES COURANTES</div>\n<div class=\"t m0 x27 h1b yd74 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">1.494,4<span class=\"_ _1ef\"> </span><span class=\"ls0 ws0\"> 1<span class=\"_ _5\"/>.470,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 541px; height: 301px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 541px; height: 301px; width: 88%; z-index: 5;\"/>\n\n<div class=\"t m0 x5 hb y20d ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Pas<span class=\"_ _5\"/>sifs d<span class=\"_ _5\"/>e contra<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x7 hb y5d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd75 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd76 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Tim<span class=\"_ _5\"/>bre<span class=\"_ _5\"/>s vend<span class=\"_ _5\"/>us non u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s et c<span class=\"_ _5\"/>r\u00e9di<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ur mach<span class=\"_ _5\"/>ines \u00e0 a<span class=\"_ _5\"/>ff<span class=\"_ _5\"/>ran<span class=\"_ _5\"/>chir<span class=\"_ _270\"> </span><span class=\"ls3b ws43\">53,1<span class=\"_ _1e2\"> </span><span class=\"ls12 ws14\"> 4<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>9<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hd yd77 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>ifs de c<span class=\"_ _5\"/>ontr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s<span class=\"_ _195\"> </span><span class=\"ls28 ws2a\">18,5<span class=\"_ _1f5\"> </span></span> 2<span class=\"_ _5\"/>5,9</div>\n<div class=\"t m0 x7 hf yd78 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">OBLIGA<span class=\"_ _1\"/>TIONS LI\u00c9ES AUX C<span class=\"_ _d\"/>ONTRA<span class=\"_ _1\"/>TS</div>\n<div class=\"t m0 x170 h1b yd79 ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">71,<span class=\"_ _5\"/>6<span class=\"_ _128\"> </span><span class=\"ls0 ws0\"> 7<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>8</span></div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s d\u00e9j\u00e0 pay\u00e9<span class=\"_ _5\"/>es par le<span class=\"_ _5\"/>s clien<span class=\"_ _5\"/>ts qui o<span class=\"_ _5\"/>nt \u00e9t\u00e9 aff<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>t\u00e9es \u00e0 l'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de pre<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>tion r\u00e9<span class=\"_ _5\"/>sidue<span class=\"_ _5\"/>lle (par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent) ins<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>faite s'\u00e9l\u00e8<span class=\"_ _5\"/>vent</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 53<span class=\"_ _5\"/>,1 mEUR et co<span class=\"_ _5\"/>ncern<span class=\"_ _5\"/>ent pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t les tim<span class=\"_ _5\"/>bres e<span class=\"_ _5\"/>t les cr\u00e9<span class=\"_ _5\"/>dit<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s machin<span class=\"_ _5\"/>es \u00e0 affr<span class=\"_ _5\"/>anch<span class=\"_ _5\"/>ir vendu<span class=\"_ _5\"/>s, mais n<span class=\"_ _5\"/>on enco<span class=\"_ _5\"/>re utili<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r les</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clie<span class=\"_ _5\"/>nts \u00e0 l<span class=\"_ _5\"/>a date de cl\u00f4t<span class=\"_ _5\"/>ure du bila<span class=\"_ _5\"/>n. \u00c0 la f<span class=\"_ _5\"/>in de l'ann\u00e9e<span class=\"_ _5\"/>, l'<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>on de r\u00e9<span class=\"_ _5\"/>sultat p<span class=\"_ _5\"/>our le SIEG a \u00e9<span class=\"_ _5\"/>t\u00e9 remp<span class=\"_ _5\"/>lie et au<span class=\"_ _5\"/>cun pas<span class=\"_ _5\"/>sif de cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s n'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">comptabilis\u00e9.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 117px; height: 230px; width: 88%; z-index: 5;\"/>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDeferredIncomeExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag149": {
   "value": "\n<div class=\"t m0 x7 hb y8d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc y27 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR</div>\n<div class=\"t m0 x55 hc yd66 ff7 fs7 fc0 sc0 lse ws10\" style=\"z-index: 15;\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></div>\n<div class=\"t m0 x7 hd yd67 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes c<span class=\"_ _d\"/>ommerciales<span class=\"_ _26a\"> </span><span class=\"ls12 ws14\">3<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>5<span class=\"_ _1e8\"> </span><span class=\"ls0 ws0\"> 382,<span class=\"_ _5\"/>9 </span></span></div>\n<div class=\"t m0 x7 hd yd68 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mon<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>s col<span class=\"_ _5\"/>lec<span class=\"_ _5\"/>t\u00e9s du<span class=\"_ _5\"/>s aux cl<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>s<span class=\"_ _18f\"> </span><span class=\"ls7 ws8\">65,5<span class=\"_ _1e2\"> </span></span> 59,9</div>\n<div class=\"t m0 x7 hd yd69 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Frais terminaux<span class=\"_ _26b\"> </span>298,4<span class=\"_ _1c9\"> </span><span class=\"ls0 ws0\"> 32<span class=\"_ _5\"/>9,2 </span></div>\n<div class=\"t m0 x7 hd yd6a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Det<span class=\"_ _5\"/>tes salariales et<span class=\"_ _d\"/> sociales<span class=\"_ _26c\"> </span><span class=\"ls2b ws2d\">421,<span class=\"_ _5\"/>6<span class=\"_ _1fd\"> </span><span class=\"ls1d ws1f\"> 366,4 </span></span></div>\n<div class=\"t m0 x7 hd yd6b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s fi<span class=\"_ _5\"/>sca<span class=\"_ _5\"/>les au<span class=\"_ _5\"/>tres q<span class=\"_ _5\"/>ue l'imp<span class=\"_ _5\"/>\u00f4t sur le<span class=\"_ _5\"/>s rev<span class=\"_ _5\"/>enus<span class=\"_ _166\"> </span><span class=\"ls2b ws2d\">10,0<span class=\"_ _18a\"> </span><span class=\"ls1b ws1d\"> 9,7 </span></span></div>\n<div class=\"t m0 x7 hd yd6c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Compte de transit machines \u00e0<span class=\"_ _d\"/> af<span class=\"_ _5\"/>franchir<span class=\"_ _163\"> </span><span class=\"ls2b ws2d\">10,3<span class=\"_ _1e2\"> </span> 10,<span class=\"_ _5\"/>3 </span></div>\n<div class=\"t m0 x7 hd yd6d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Fon<span class=\"_ _5\"/>ds de ro<span class=\"_ _5\"/>ulem<span class=\"_ _5\"/>ent de l'<span class=\"_ _5\"/>Etat po<span class=\"_ _5\"/>ur la fo<span class=\"_ _5\"/>urni<span class=\"_ _5\"/>ture de<span class=\"_ _5\"/>s se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices p<span class=\"_ _5\"/>os<span class=\"_ _5\"/>taux</div>\n<div class=\"t m0 x7 hd yd6e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">financier<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x55 hd yd6d ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">18,8<span class=\"_ _1f5\"> </span><span class=\"ls0 ws0\"> 18<span class=\"_ _5\"/>,8 </span></div>\n<div class=\"t m0 x7 hd yd6f ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Cautions<span class=\"_ _26d\"> </span><span class=\"ls43 ws4d\">11,<span class=\"_ _5\"/>5<span class=\"_ _1ce\"> </span><span class=\"ls0 ws0\"> 11<span class=\"_ _5\"/>,3 </span></span></div>\n<div class=\"t m0 x7 hd yd70 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions (hors frais terminaux)<span class=\"_ _146\"> </span><span class=\"ls16 ws18\">181,8<span class=\"_ _1e8\"> </span><span class=\"ls2a ws2c\"> 179<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hd yd71 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Produits repor<span class=\"_ _5\"/>t\u00e9s<span class=\"_ _26e\"> </span><span class=\"ls28 ws2a\">73,6<span class=\"_ _1f5\"> </span><span class=\"ls0 ws0\"> 75<span class=\"_ _5\"/>,8 </span></span></div>\n<div class=\"t m0 x7 hd yd72 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres dettes<span class=\"_ _26f\"> </span><span class=\"ls7 ws8\">15,<span class=\"_ _5\"/>5<span class=\"_ _1f5\"> </span><span class=\"ls12 ws14\"> 2<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hf yd73 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">DETTES COMMERCIALES ET A<span class=\"_ _d\"/>UTRES DETTES COURANTES</div>\n<div class=\"t m0 x27 h1b yd74 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">1.494,4<span class=\"_ _1ef\"> </span><span class=\"ls0 ws0\"> 1<span class=\"_ _5\"/>.470,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 541px; height: 301px; width: 86%; z-index: 6;\"/>\n\n<div/>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es det<span class=\"_ _5\"/>tes co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ciales e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es det<span class=\"_ _5\"/>tes \u00e0 co<span class=\"_ _5\"/>ur<span class=\"_ _5\"/>t term<span class=\"_ _5\"/>e de 23<span class=\"_ _5\"/>,5 m<span class=\"_ _5\"/>EUR \u00e0 1.49<span class=\"_ _5\"/>4,4 mEUR s'exp<span class=\"_ _5\"/>lique p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>paleme<span class=\"_ _5\"/>nt par :</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>l'augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on de l'encou<span class=\"_ _5\"/>rs de<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes sa<span class=\"_ _5\"/>larial<span class=\"_ _5\"/>es et s<span class=\"_ _5\"/>ociale<span class=\"_ _5\"/>s (55,<span class=\"_ _5\"/>2 mEUR), pri<span class=\"_ _5\"/>ncipale<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>ue au rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t du paie<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>es pr\u00e9<span class=\"_ _5\"/>compte<span class=\"_ _5\"/>s sur</div>\n<div class=\"t m0 x2a h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sal<span class=\"_ _5\"/>aires (3<span class=\"_ _5\"/>0,6 mEUR), une m<span class=\"_ _5\"/>esure a<span class=\"_ _5\"/>ccord\u00e9<span class=\"_ _5\"/>e par le gou<span class=\"_ _5\"/>vern<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t belge da<span class=\"_ _5\"/>ns le conte<span class=\"_ _5\"/>xte d<span class=\"_ _5\"/>e la cri<span class=\"_ _5\"/>se \u00e9ne<span class=\"_ _5\"/>rg\u00e9t<span class=\"_ _5\"/>ique ; par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>iellem<span class=\"_ _5\"/>ent comp<span class=\"_ _5\"/>ens<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x2a h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par ;</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>la dimi<span class=\"_ _5\"/>nutio<span class=\"_ _5\"/>n des fr<span class=\"_ _5\"/>ais ter<span class=\"_ _5\"/>minau<span class=\"_ _5\"/>x des op<span class=\"_ _5\"/>\u00e9rate<span class=\"_ _5\"/>urs p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux de 3<span class=\"_ _5\"/>0,8 mEUR e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de l'augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s r\u00e8gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>s posit<span class=\"_ _5\"/>ions en s<span class=\"_ _5\"/>us-</div>\n<div class=\"t m0 x2a h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>ns de l'ann\u00e9<span class=\"_ _5\"/>e pr\u00e9c\u00e9<span class=\"_ _5\"/>dente e<span class=\"_ _5\"/>t de la dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s tr<span class=\"_ _5\"/>ans<span class=\"_ _5\"/>front<span class=\"_ _5\"/>ali\u00e8<span class=\"_ _5\"/>res ;</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>le rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent du fo<span class=\"_ _5\"/>nds de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt de 12,<span class=\"_ _5\"/>0 mEUR (inc<span class=\"_ _5\"/>lus dans le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es det<span class=\"_ _5\"/>tes) de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e au 3 janvie<span class=\"_ _5\"/>r 2022 a<span class=\"_ _5\"/>u mome<span class=\"_ _5\"/>nt de la</div>\n<div class=\"t m0 x2a h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n dans laq<span class=\"_ _5\"/>uelle B<span class=\"_ _5\"/>NP Parib<span class=\"_ _5\"/>as For<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>s a acquis le<span class=\"_ _5\"/>s 50<span class=\"_ _5\"/>% d'<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>ns de bp<span class=\"_ _5\"/>ost dan<span class=\"_ _5\"/>s bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que.</div>\n\n<div class=\"t m0 x5 hb y20d ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Pas<span class=\"_ _5\"/>sifs d<span class=\"_ _5\"/>e contra<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x7 hb y5d ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc yd75 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd yd76 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Tim<span class=\"_ _5\"/>bre<span class=\"_ _5\"/>s vend<span class=\"_ _5\"/>us non u<span class=\"_ _5\"/>tilis<span class=\"_ _5\"/>\u00e9s et c<span class=\"_ _5\"/>r\u00e9di<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>ur mach<span class=\"_ _5\"/>ines \u00e0 a<span class=\"_ _5\"/>ff<span class=\"_ _5\"/>ran<span class=\"_ _5\"/>chir<span class=\"_ _270\"> </span><span class=\"ls3b ws43\">53,1<span class=\"_ _1e2\"> </span><span class=\"ls12 ws14\"> 4<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>9<span class=\"_ _5\"/> </span></span></div>\n<div class=\"t m0 x7 hd yd77 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>ifs de c<span class=\"_ _5\"/>ontr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s<span class=\"_ _195\"> </span><span class=\"ls28 ws2a\">18,5<span class=\"_ _1f5\"> </span></span> 2<span class=\"_ _5\"/>5,9</div>\n<div class=\"t m0 x7 hf yd78 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">OBLIGA<span class=\"_ _1\"/>TIONS LI\u00c9ES AUX C<span class=\"_ _d\"/>ONTRA<span class=\"_ _1\"/>TS</div>\n<div class=\"t m0 x170 h1b yd79 ff7 fs8 fc3 sc0 ls1a ws1c\" style=\"z-index: 15;\">71,<span class=\"_ _5\"/>6<span class=\"_ _128\"> </span><span class=\"ls0 ws0\"> 7<span class=\"_ _5\"/>3,<span class=\"_ _5\"/>8</span></div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les co<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>par<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s d\u00e9j\u00e0 pay\u00e9<span class=\"_ _5\"/>es par le<span class=\"_ _5\"/>s clien<span class=\"_ _5\"/>ts qui o<span class=\"_ _5\"/>nt \u00e9t\u00e9 aff<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>t\u00e9es \u00e0 l'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n de pre<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>tion r\u00e9<span class=\"_ _5\"/>sidue<span class=\"_ _5\"/>lle (par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent) ins<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>faite s'\u00e9l\u00e8<span class=\"_ _5\"/>vent</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 53<span class=\"_ _5\"/>,1 mEUR et co<span class=\"_ _5\"/>ncern<span class=\"_ _5\"/>ent pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t les tim<span class=\"_ _5\"/>bres e<span class=\"_ _5\"/>t les cr\u00e9<span class=\"_ _5\"/>dit<span class=\"_ _5\"/>s sur le<span class=\"_ _5\"/>s machin<span class=\"_ _5\"/>es \u00e0 affr<span class=\"_ _5\"/>anch<span class=\"_ _5\"/>ir vendu<span class=\"_ _5\"/>s, mais n<span class=\"_ _5\"/>on enco<span class=\"_ _5\"/>re utili<span class=\"_ _5\"/>s\u00e9s pa<span class=\"_ _5\"/>r les</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clie<span class=\"_ _5\"/>nts \u00e0 l<span class=\"_ _5\"/>a date de cl\u00f4t<span class=\"_ _5\"/>ure du bila<span class=\"_ _5\"/>n. \u00c0 la f<span class=\"_ _5\"/>in de l'ann\u00e9e<span class=\"_ _5\"/>, l'<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>on de r\u00e9<span class=\"_ _5\"/>sultat p<span class=\"_ _5\"/>our le SIEG a \u00e9<span class=\"_ _5\"/>t\u00e9 remp<span class=\"_ _5\"/>lie et au<span class=\"_ _5\"/>cun pas<span class=\"_ _5\"/>sif de cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s n'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">comptabilis\u00e9.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 117px; height: 230px; width: 88%; z-index: 5;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 117px; height: 380px; width: 90%; z-index: 4;\"/>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag477": {
   "value": "\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 lsa1 wsb4\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>28 <span class=\"_ _4\"> </span>Pro<span class=\"_ _d\"/>visions</div>\n<div class=\"t m0 x7 hc yd7a ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _208\"> </span><span class=\"ls41 ws4b\">LITIGES<span class=\"_ _69\"> </span><span class=\"ls48 ws56\">ENVIRONNEMENT<span class=\"_ _271\"> </span><span class=\"ff7\">CONTRATS<span class=\"_ _d\"/> ON\u00c9REUX</span></span></span></div>\n<div class=\"t m0 x10a hc yd7b ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">RE<span class=\"_ _5\"/>STR<span class=\"_ _5\"/>UC<span class=\"_ _5\"/>TUR<span class=\"_ _5\"/>ATI<span class=\"_ _5\"/>ON &amp;</div>\n<div class=\"t m0 x104 hc yd7a ff5 fs7 fc2 sc0 lsa0 wsb3\" style=\"z-index: 15;\">AUTRES<span class=\"_ _cf\"> </span><span class=\"fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf yd7c ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SOLDE AU 1</div>\n<div class=\"t m0 x192 h22 yd7d ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x6c hf yd7c ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2021</div>\n<div class=\"t m0 x11c h1b yd7e ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">15,<span class=\"_ _5\"/>2<span class=\"_ _119\"> </span><span class=\"ls26 ws28\">2,6<span class=\"_ _119\"> </span><span class=\"lsd8 wsfa\">2,8<span class=\"_ _119\"> </span><span class=\"ls2e ws30\">6,4<span class=\"_ _18\"> </span><span class=\"lsd2 wsf2\">2<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>0</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd7f ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Provision supp<span class=\"_ _5\"/>l\u00e9mentaire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd yd80 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">constitu\u00e9es</div>\n<div class=\"t m0 x118 hd yd7f ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">5,4<span class=\"_ _1c\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _26\"> </span><span class=\"ls14 ws16\">1,6<span class=\"_ _1c\"> </span><span class=\"ls26 ws28\">3,2<span class=\"_ _1b\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>2</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd81 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ad<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>n suite a<span class=\"_ _5\"/>ux re<span class=\"_ _5\"/>group<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd yd82 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>entreprises</div>\n<div class=\"t m0 x118 hd yd81 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1c\"> </span>0,0<span class=\"_ _26\"> </span>0,0<span class=\"_ _1c\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yd83 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions utilis\u00e9es<span class=\"_ _251\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>2)<span class=\"_ _1c\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _16c\"> </span><span class=\"ls42 ws4c\">(2,<span class=\"_ _d\"/>7)<span class=\"_ _16c\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9)<span class=\"_ _18\"> </span>(<span class=\"_ _5\"/>4,7)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd84 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions reprises<span class=\"_ _208\"> </span><span class=\"ls22 ws24\">(3,<span class=\"_ _5\"/>3)<span class=\"_ _18\"> </span><span class=\"ls90 wsa4\">(2<span class=\"_ _5\"/>,1)<span class=\"_ _26\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _16c\"> </span><span class=\"ls0 ws0\">(0,<span class=\"_ _5\"/>9)<span class=\"_ _f3\"> </span></span></span></span>(6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3)</span></div>\n<div class=\"t m0 x7 hd yd85 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t ver<span class=\"_ _5\"/>s les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>n\u00e9s \u00e0</div>\n<div class=\"t m0 x7 hd yd86 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la ve<span class=\"_ _5\"/>nte</div>\n<div class=\"t m0 x118 hd yd85 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _16c\"> </span><span class=\"ls22 ws24\">(0,<span class=\"_ _5\"/>4)<span class=\"_ _16c\"> </span><span class=\"ls90 wsa4\">(<span class=\"_ _5\"/>0,1)<span class=\"_ _16c\"> </span><span class=\"ls0 ws0\">(0<span class=\"_ _5\"/>,5)</span></span></span></div>\n<div class=\"t m0 x7 hd yd87 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _251\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1c\"> </span>0,1<span class=\"_ _26\"> </span>0,0<span class=\"_ _1c\"> </span>0,1</span></div>\n<div class=\"t m0 x7 hd yd88 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Autres mouvemen<span class=\"_ _d\"/>ts<span class=\"_ _152\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _26\"> </span>0,0<span class=\"_ _1c\"> </span>0,0<span class=\"_ _26\"> </span>0,0<span class=\"_ _26\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yd89 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SOLDE AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x59 h1b yd8a ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">17,<span class=\"_ _5\"/>2<span class=\"_ _28\"> </span><span class=\"ls14 ws16\">0,<span class=\"_ _5\"/>5<span class=\"_ _119\"> </span><span class=\"ls4c ws5a\">1,4<span class=\"_ _b7\"> </span><span class=\"lsd4 wsf5\">6<span class=\"_ _5\"/>,7<span class=\"_ _11c\"> </span><span class=\"ls9d wsaf\">25,8</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd8b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s non co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>tes \u00e0 la f<span class=\"_ _5\"/>in de</div>\n<div class=\"t m0 x7 hd yd8c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">l'<span class=\"_ _d\"/>exercice</div>\n<div class=\"t m0 x58 hd yd8b ff4 fs8 fc2 sc0 ls90 wsa4\" style=\"z-index: 15;\">14,<span class=\"_ _5\"/>0<span class=\"_ _1c\"> </span><span class=\"ls18 ws1a\">0,5<span class=\"_ _26\"> </span>0,1<span class=\"_ _26\"> </span>0,1<span class=\"_ _1b\"> </span><span class=\"ls1b ws1d\">14<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd yd8d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ante<span class=\"_ _5\"/>s \u00e0 la fi<span class=\"_ _5\"/>n de l'exer<span class=\"_ _5\"/>cice<span class=\"_ _1d\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>2<span class=\"_ _28\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _28\"> </span><span class=\"ls14 ws16\">1,<span class=\"_ _5\"/>3<span class=\"_ _1c\"> </span><span class=\"ls28 ws2a\">6,6<span class=\"_ _1b\"> </span><span class=\"ls43 ws4d\">11,1</span></span></span></span></span></div>\n<div class=\"t m0 x58 hd yd8e ff4 fs8 fc2 sc0 ls12 ws14\" style=\"z-index: 15;\">17,<span class=\"_ _2\"/>2<span class=\"_ _26\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>5<span class=\"_ _1c\"> </span><span class=\"ls14 ws16\">1,4<span class=\"_ _26\"> </span><span class=\"ls1b ws1d\">6<span class=\"_ _5\"/>,7<span class=\"_ _25\"> </span><span class=\"ls7 ws8\">25,<span class=\"_ _5\"/>8</span></span></span></span></div>\n<div class=\"t m0 x7 hf yd8f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SOLDE AU 1</div>\n<div class=\"t m0 x192 h22 yd90 ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x6c hf yd8f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER 2022</div>\n<div class=\"t m0 x59 h1b yd91 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">17,<span class=\"_ _5\"/>2<span class=\"_ _28\"> </span><span class=\"ls14 ws16\">0,<span class=\"_ _5\"/>5<span class=\"_ _119\"> </span><span class=\"ls4c ws5a\">1,4<span class=\"_ _b7\"> </span><span class=\"lsd4 wsf5\">6<span class=\"_ _5\"/>,7<span class=\"_ _11c\"> </span><span class=\"ls9d wsaf\">25,8</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd92 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Provision supp<span class=\"_ _5\"/>l\u00e9mentaire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd yd93 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">constitu\u00e9es</div>\n<div class=\"t m0 x118 hd yd92 ff4 fs8 fc2 sc0 ls26 ws28\" style=\"z-index: 15;\">3,3<span class=\"_ _26\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1c\"> </span><span class=\"ls14 ws16\">1,2<span class=\"_ _1c\"> </span><span class=\"ls1d ws1f\">6,2<span class=\"_ _1b\"> </span><span class=\"ls2b ws2d\">10,<span class=\"_ _5\"/>6</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd94 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ad<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>n suite a<span class=\"_ _5\"/>ux re<span class=\"_ _5\"/>group<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x7 hd yd95 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">d'<span class=\"_ _d\"/>entreprises</div>\n<div class=\"t m0 x168 hd yd94 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0</div>\n<div class=\"t m0 x7 hd yd96 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions utilis\u00e9es<span class=\"_ _251\"> </span><span class=\"ls0 ws0\">(0<span class=\"_ _5\"/>,6)<span class=\"_ _1c\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _f3\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,<span class=\"_ _5\"/>2)<span class=\"_ _18\"> </span><span class=\"ls42 ws4c\">(2,7)<span class=\"_ _f3\"> </span><span class=\"ls90 wsa4\">(4,<span class=\"_ _5\"/>5)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yd97 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Provisions reprises<span class=\"_ _208\"> </span><span class=\"ls22 ws24\">(2<span class=\"_ _5\"/>,4)<span class=\"_ _26\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _f3\"> </span><span class=\"ls0 ws0\">(2,<span class=\"_ _5\"/>8)<span class=\"_ _16c\"> </span><span class=\"ls2b ws2d\">(5,<span class=\"_ _5\"/>2)</span></span></span></span></div>\n<div class=\"t m0 x7 hd yd98 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>er<span class=\"_ _5\"/>t ver<span class=\"_ _5\"/>s les ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9<span class=\"_ _5\"/>tenus e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x7 hd yd99 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vu<span class=\"_ _5\"/>e de la ven<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x118 hd yd98 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,0<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1c\"> </span>0,0<span class=\"_ _26\"> </span>0,0<span class=\"_ _1c\"> </span>0,0</div>\n<div class=\"t m0 x7 hd yd9a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">\u00c9car<span class=\"_ _5\"/>ts de con<span class=\"_ _d\"/>version<span class=\"_ _251\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _1c\"> </span>0,0<span class=\"_ _26\"> </span>0,0<span class=\"_ _1c\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hf yd9b ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">SOLDE AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x59 h1b yd9c ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">17,<span class=\"_ _5\"/>3<span class=\"_ _28\"> </span><span class=\"ls14 ws16\">0,<span class=\"_ _5\"/>5<span class=\"_ _119\"> </span><span class=\"ls4c ws5a\">1,4<span class=\"_ _28\"> </span></span></span>7,<span class=\"_ _5\"/>4<span class=\"_ _18\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>6,7</span></div>\n<div class=\"t m0 x7 hd yd9d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s non co<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>tes \u00e0 la f<span class=\"_ _5\"/>in de</div>\n<div class=\"t m0 x7 hd yd9e ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">l'<span class=\"_ _d\"/>exercice</div>\n<div class=\"t m0 x58 hd yd9d ff4 fs8 fc2 sc0 ls90 wsa4\" style=\"z-index: 15;\">14,<span class=\"_ _5\"/>1<span class=\"_ _1c\"> </span><span class=\"ls18 ws1a\">0,5<span class=\"_ _1c\"> </span>0,<span class=\"_ _5\"/>5<span class=\"_ _1c\"> </span>0,1<span class=\"_ _25\"> </span><span class=\"ls7 ws8\">1<span class=\"_ _5\"/>5,2</span></span></div>\n<div class=\"t m0 x7 hd yd9f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ante<span class=\"_ _5\"/>s \u00e0 la fi<span class=\"_ _5\"/>n de l'exer<span class=\"_ _5\"/>cice<span class=\"_ _1d\"> </span><span class=\"ls26 ws28\">3,<span class=\"_ _5\"/>3<span class=\"_ _28\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _1c\"> </span>0,9<span class=\"_ _26\"> </span><span class=\"ls12 ws14\">7,<span class=\"_ _2\"/>3<span class=\"_ _1b\"> </span><span class=\"ls43 ws4d\">11<span class=\"_ _5\"/>,5</span></span></span></span></div>\n<div class=\"t m0 x59 h1b yda0 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">17,<span class=\"_ _5\"/>3<span class=\"_ _28\"> </span><span class=\"ls14 ws16\">0,<span class=\"_ _5\"/>5<span class=\"_ _119\"> </span><span class=\"ls4c ws5a\">1,4<span class=\"_ _28\"> </span></span></span>7,<span class=\"_ _5\"/>4<span class=\"_ _18\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>6,7</span></div>\n<div class=\"t m0 x5 h7 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La <span class=\"ff7 ws4a\">p<span class=\"_ _5\"/>rovis<span class=\"_ _5\"/>ion po<span class=\"_ _5\"/>ur liti<span class=\"_ _5\"/>ges</span> s'\u00e9lev<span class=\"_ _5\"/>ait \u00e0 1<span class=\"_ _d\"/>7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3 mEUR a<span class=\"_ _5\"/>u 31 d\u00e9cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2. Cel<span class=\"_ _5\"/>a repr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>te le d\u00e9c<span class=\"_ _5\"/>aiss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t atte<span class=\"_ _5\"/>ndu, li<span class=\"_ _5\"/>\u00e9 \u00e0 diver<span class=\"_ _5\"/>s litige<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>ls ou</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">immin<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s) entre b<span class=\"_ _5\"/>post e<span class=\"_ _5\"/>t des t<span class=\"_ _5\"/>iers<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>ode ant<span class=\"_ _5\"/>icip\u00e9<span class=\"_ _5\"/>e pour l<span class=\"_ _5\"/>es d\u00e9c<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>seme<span class=\"_ _5\"/>nts y a<span class=\"_ _5\"/>ff\u00e9r<span class=\"_ _5\"/>ant d\u00e9p<span class=\"_ _5\"/>end de l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>av<span class=\"_ _5\"/>ancem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s proc\u00e9<span class=\"_ _5\"/>dure<span class=\"_ _5\"/>s sous \u2013 ja<span class=\"_ _5\"/>centes p<span class=\"_ _5\"/>our les<span class=\"_ _5\"/>quell<span class=\"_ _5\"/>es le d\u00e9<span class=\"_ _5\"/>lai</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">demeure i<span class=\"_ _d\"/>ncer<span class=\"_ _5\"/>tai<span class=\"_ _d\"/>n.</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t impliqu<span class=\"_ _5\"/>\u00e9e dans l<span class=\"_ _5\"/>es conte<span class=\"_ _5\"/>ntieu<span class=\"_ _5\"/>x initi<span class=\"_ _5\"/>\u00e9s par de<span class=\"_ _5\"/>s inter<span class=\"_ _5\"/>m\u00e9dia<span class=\"_ _5\"/>ires su<span class=\"_ _5\"/>ivant<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Une de<span class=\"_ _5\"/>mand<span class=\"_ _5\"/>e de domma<span class=\"_ _5\"/>ges et in<span class=\"_ _5\"/>t\u00e9r\u00eat<span class=\"_ _5\"/>s po<span class=\"_ _5\"/>ur un mont<span class=\"_ _5\"/>ant pr\u00e9<span class=\"_ _5\"/>sum\u00e9 (p<span class=\"_ _5\"/>rovis<span class=\"_ _5\"/>oire) d'envir<span class=\"_ _5\"/>on 21,1 mEUR (<span class=\"_ _5\"/>hors p<span class=\"_ _5\"/>aiem<span class=\"_ _5\"/>ent des i<span class=\"_ _5\"/>nt\u00e9r\u00eat<span class=\"_ _5\"/>s de r<span class=\"_ _5\"/>etar<span class=\"_ _5\"/>d)</div>\n<div class=\"t m0 x2a h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le c<span class=\"_ _5\"/>adre d'un<span class=\"_ _5\"/>e proc\u00e9<span class=\"_ _5\"/>dure ju<span class=\"_ _5\"/>diciaire i<span class=\"_ _5\"/>niti\u00e9<span class=\"_ _5\"/>e par Publ<span class=\"_ _5\"/>imail NV/SA<span class=\"_ _5\"/>. Le t<span class=\"_ _5\"/>ribun<span class=\"_ _5\"/>al de comm<span class=\"_ _5\"/>erce de B<span class=\"_ _5\"/>ruxe<span class=\"_ _5\"/>lles a re<span class=\"_ _5\"/>jet\u00e9 la pl<span class=\"_ _5\"/>ainte de Pub<span class=\"_ _5\"/>limail</div>\n<div class=\"t m0 x2a h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le 3 mai 2016. Pu<span class=\"_ _5\"/>blimail a f<span class=\"_ _5\"/>ait app<span class=\"_ _5\"/>el de cet<span class=\"_ _5\"/>te d\u00e9<span class=\"_ _5\"/>cisio<span class=\"_ _5\"/>n le 16 d\u00e9cem<span class=\"_ _5\"/>bre 2016. L<span class=\"_ _3b\"/>'aff<span class=\"_ _5\"/>aire de<span class=\"_ _5\"/>vait \u00ea<span class=\"_ _5\"/>tre plai<span class=\"_ _5\"/>d\u00e9e en a<span class=\"_ _5\"/>vril 20<span class=\"_ _5\"/>21 mais le jug<span class=\"_ _5\"/>e a d\u00e9cid<span class=\"_ _5\"/>\u00e9 de</div>\n<div class=\"t m0 x2a h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ter l'audie<span class=\"_ _5\"/>nce en at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dant la d\u00e9<span class=\"_ _5\"/>cisio<span class=\"_ _5\"/>n de la Cour d<span class=\"_ _5\"/>e just<span class=\"_ _5\"/>ice euro<span class=\"_ _5\"/>p\u00e9e<span class=\"_ _5\"/>nne dans l'aff<span class=\"_ _5\"/>aire op<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>nt bpos<span class=\"_ _5\"/>t \u00e0 l'<span class=\"_ _d\"/>Au<span class=\"_ _5\"/>torit\u00e9 b<span class=\"_ _5\"/>elge de l<span class=\"_ _5\"/>a concur-</div>\n<div class=\"t m0 x2a h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ren<span class=\"_ _5\"/>ce. Un jugem<span class=\"_ _5\"/>ent n'est p<span class=\"_ _5\"/>as at<span class=\"_ _5\"/>tendu av<span class=\"_ _5\"/>ant la f<span class=\"_ _5\"/>in de 202<span class=\"_ _5\"/>3.</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Une de<span class=\"_ _5\"/>mand<span class=\"_ _5\"/>e de domma<span class=\"_ _5\"/>ges et in<span class=\"_ _5\"/>t\u00e9r\u00eat<span class=\"_ _5\"/>s d'un mon<span class=\"_ _5\"/>tant ap<span class=\"_ _5\"/>proxi<span class=\"_ _5\"/>matif (pr<span class=\"_ _5\"/>ovis<span class=\"_ _5\"/>oire) d'enviro<span class=\"_ _5\"/>n 28,0 m<span class=\"_ _5\"/>EUR (hor<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s int\u00e9r\u00ea<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x2a h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ret<span class=\"_ _5\"/>ard) da<span class=\"_ _5\"/>ns le cad<span class=\"_ _5\"/>re d'une pro<span class=\"_ _5\"/>c\u00e9dur<span class=\"_ _5\"/>e judiciai<span class=\"_ _5\"/>re initi<span class=\"_ _5\"/>\u00e9e par L<span class=\"_ _5\"/>ink2<span class=\"_ _5\"/>Biz Inter<span class=\"_ _5\"/>natio<span class=\"_ _5\"/>nal NV/SA e<span class=\"_ _5\"/>t pend<span class=\"_ _5\"/>ante dev<span class=\"_ _5\"/>ant le tr<span class=\"_ _5\"/>ibunal d<span class=\"_ _5\"/>e comme<span class=\"_ _5\"/>rce</div>\n<div class=\"t m0 x2a h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de Br<span class=\"_ _5\"/>uxel<span class=\"_ _5\"/>les. C<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>s aspe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>s de la r<span class=\"_ _5\"/>elatio<span class=\"_ _5\"/>n contr<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tuelle e<span class=\"_ _5\"/>ntre Li<span class=\"_ _5\"/>nk2B<span class=\"_ _5\"/>iz et bp<span class=\"_ _5\"/>ost fo<span class=\"_ _5\"/>nt \u00e9gal<span class=\"_ _5\"/>ement l'obj<span class=\"_ _5\"/>et d'une pr<span class=\"_ _5\"/>oc\u00e9du<span class=\"_ _5\"/>re pour m<span class=\"_ _5\"/>esure<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prov<span class=\"_ _5\"/>isoi<span class=\"_ _5\"/>res (adop<span class=\"_ _5\"/>t\u00e9e le 21 juin 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>10), pour la<span class=\"_ _5\"/>quell<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t a fait a<span class=\"_ _5\"/>ppel e<span class=\"_ _5\"/>n ao\u00fbt 2010 et qu<span class=\"_ _5\"/>i est a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent pe<span class=\"_ _5\"/>ndante de<span class=\"_ _5\"/>vant la C<span class=\"_ _5\"/>our d'appe<span class=\"_ _5\"/>l</div>\n<div class=\"t m0 x2a h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de Br<span class=\"_ _5\"/>uxel<span class=\"_ _5\"/>les. I<span class=\"_ _5\"/>l est p<span class=\"_ _5\"/>r\u00e9vu q<span class=\"_ _5\"/>ue la Cour r<span class=\"_ _5\"/>etire ce p<span class=\"_ _5\"/>oint du re<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tre sui<span class=\"_ _5\"/>te \u00e0 la cl\u00f4tur<span class=\"_ _5\"/>e de la pro<span class=\"_ _5\"/>c\u00e9dure d<span class=\"_ _5\"/>e failli<span class=\"_ _5\"/>te par le T<span class=\"_ _d\"/>rib<span class=\"_ _5\"/>unal de<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>\u00e9t\u00e9s du</div>\n<div class=\"t m0 x2a h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Br<span class=\"_ _5\"/>abant wa<span class=\"_ _5\"/>llon en av<span class=\"_ _5\"/>ril 2020, c'e<span class=\"_ _5\"/>st-\u00e0-<span class=\"_ _5\"/>dire d<span class=\"_ _5\"/>ans le cour<span class=\"_ _5\"/>ant de 202<span class=\"_ _5\"/>3.</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>utes le<span class=\"_ _5\"/>s reven<span class=\"_ _5\"/>dicat<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>t all\u00e9ga<span class=\"_ _5\"/>tions s<span class=\"_ _5\"/>ont conte<span class=\"_ _5\"/>st\u00e9<span class=\"_ _5\"/>es par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 102px; height: 980px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Enf<span class=\"_ _5\"/>in, le 10 d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>12<span class=\"_ _5\"/>, l'<span class=\"_ _1\"/>A<span class=\"_ _5\"/>utor<span class=\"_ _5\"/>it\u00e9 belg<span class=\"_ _5\"/>e de la conc<span class=\"_ _5\"/>urren<span class=\"_ _5\"/>ce a conclu q<span class=\"_ _5\"/>ue cer<span class=\"_ _5\"/>tai<span class=\"_ _5\"/>ns asp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>a polit<span class=\"_ _5\"/>ique ta<span class=\"_ _5\"/>rif<span class=\"_ _5\"/>aire de bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>ur la p\u00e9r<span class=\"_ _5\"/>iode</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">janvi<span class=\"_ _5\"/>er 2010-<span class=\"_ _5\"/>juille<span class=\"_ _5\"/>t 20<span class=\"_ _d\"/>11 en<span class=\"_ _5\"/>freig<span class=\"_ _5\"/>naient le d<span class=\"_ _5\"/>roit be<span class=\"_ _5\"/>lge et e<span class=\"_ _5\"/>urop\u00e9<span class=\"_ _5\"/>en de la co<span class=\"_ _5\"/>ncurr<span class=\"_ _5\"/>ence et a i<span class=\"_ _5\"/>mpos<span class=\"_ _5\"/>\u00e9 une ame<span class=\"_ _5\"/>nde d'envir<span class=\"_ _5\"/>on 37<span class=\"_ _1\"/>,<span class=\"_ _5\"/>4 mEUR. M<span class=\"_ _5\"/>\u00eame si</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st a pay\u00e9 l'ame<span class=\"_ _5\"/>nde en 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>1<span class=\"_ _5\"/>3, elle a co<span class=\"_ _5\"/>ntes<span class=\"_ _5\"/>t\u00e9 les conc<span class=\"_ _5\"/>lusion<span class=\"_ _5\"/>s de l'<span class=\"_ _d\"/>Aut<span class=\"_ _5\"/>orit\u00e9 b<span class=\"_ _5\"/>elge de l<span class=\"_ _5\"/>a concur<span class=\"_ _5\"/>rence e<span class=\"_ _5\"/>t a fait ap<span class=\"_ _5\"/>pel d<span class=\"_ _5\"/>e la d\u00e9ci<span class=\"_ _5\"/>sion de<span class=\"_ _5\"/>vant la</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cour d'ap<span class=\"_ _5\"/>pel de B<span class=\"_ _5\"/>ruxe<span class=\"_ _5\"/>lles<span class=\"_ _5\"/>. Le 10 novem<span class=\"_ _5\"/>bre 2016, la Cou<span class=\"_ _5\"/>r d'<span class=\"_ _d\"/>app<span class=\"_ _5\"/>el de B<span class=\"_ _5\"/>ruxe<span class=\"_ _5\"/>lles a ann<span class=\"_ _5\"/>ul\u00e9 la d\u00e9<span class=\"_ _5\"/>cision d<span class=\"_ _5\"/>e l'<span class=\"_ _1\"/>A<span class=\"_ _5\"/>utor<span class=\"_ _5\"/>it\u00e9. L<span class=\"_ _3b\"/>'auto<span class=\"_ _5\"/>rit\u00e9 b<span class=\"_ _5\"/>elge de la co<span class=\"_ _5\"/>ncur-</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ren<span class=\"_ _5\"/>ce a fait ap<span class=\"_ _5\"/>pel d<span class=\"_ _5\"/>e ce jugeme<span class=\"_ _5\"/>nt deva<span class=\"_ _5\"/>nt la Cour d<span class=\"_ _5\"/>e Cas<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on sur de<span class=\"_ _5\"/>s point<span class=\"_ _5\"/>s de dr<span class=\"_ _5\"/>oit. L<span class=\"_ _5\"/>e 22 nove<span class=\"_ _5\"/>mbre 2018<span class=\"_ _5\"/>, la Cour de C<span class=\"_ _5\"/>as<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n a annul\u00e9 le</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">juge<span class=\"_ _5\"/>ment et a r<span class=\"_ _5\"/>envoy\u00e9 l'affa<span class=\"_ _5\"/>ire dev<span class=\"_ _5\"/>ant la Cour d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>app<span class=\"_ _5\"/>el de B<span class=\"_ _5\"/>ruxe<span class=\"_ _5\"/>lles po<span class=\"_ _5\"/>ur qu\u2019<span class=\"_ _d\"/>el<span class=\"_ _5\"/>le soit re<span class=\"_ _5\"/>jug\u00e9e<span class=\"_ _5\"/>. Par un ar<span class=\"_ _5\"/>r\u00eat du 19 f<span class=\"_ _5\"/>\u00e9vr<span class=\"_ _5\"/>ier 2020, l<span class=\"_ _5\"/>a Cour d'appe<span class=\"_ _5\"/>l</div>\n<div class=\"t m0 x5 h7 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de Br<span class=\"_ _5\"/>uxel<span class=\"_ _5\"/>les a d\u00e9<span class=\"_ _5\"/>cid\u00e9 de s<span class=\"_ _5\"/>oume<span class=\"_ _5\"/>ttr<span class=\"_ _5\"/>e deux q<span class=\"_ _5\"/>ues<span class=\"_ _5\"/>tions p<span class=\"_ _5\"/>r\u00e9jud<span class=\"_ _5\"/>iciell<span class=\"_ _5\"/>es \u00e0 la Cour d<span class=\"_ _5\"/>e just<span class=\"_ _5\"/>ice de l'UE (<span class=\"_ _5\"/>\u201c<span class=\"ff5 ls7 ws8\">CJUE</span>\u201d). Le 2<span class=\"_ _5\"/>2 mars 20<span class=\"_ _5\"/>22, la C<span class=\"_ _5\"/>JUE a re<span class=\"_ _5\"/>ndu un<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>cision p<span class=\"_ _5\"/>r\u00e9jud<span class=\"_ _5\"/>icielle s<span class=\"_ _5\"/>ur les de<span class=\"_ _5\"/>ux que<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>ons so<span class=\"_ _5\"/>ulev\u00e9e<span class=\"_ _5\"/>s par la Co<span class=\"_ _5\"/>ur d'appel d<span class=\"_ _5\"/>e Bru<span class=\"_ _5\"/>xelle<span class=\"_ _5\"/>s. La C<span class=\"_ _5\"/>our d'appe<span class=\"_ _5\"/>l devr<span class=\"_ _5\"/>a mainte<span class=\"_ _5\"/>nant se p<span class=\"_ _5\"/>ronon<span class=\"_ _5\"/>cer \u00e0 la</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lumi\u00e8<span class=\"_ _5\"/>re des r<span class=\"_ _5\"/>\u00e9pon<span class=\"_ _5\"/>ses d<span class=\"_ _5\"/>onn\u00e9<span class=\"_ _5\"/>es par la C<span class=\"_ _5\"/>JUE</div>\n<div class=\"t m0 x4c h1c y249 ff4 fs12 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6</div>\n<div class=\"t m0 x13b h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">. Une d\u00e9<span class=\"_ _5\"/>cisi<span class=\"_ _5\"/>on fin<span class=\"_ _5\"/>ale n'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t pas at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>due avan<span class=\"_ _5\"/>t la fin d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>ann<span class=\"_ _5\"/>\u00e9e 202<span class=\"_ _5\"/>3.</div>\n<div class=\"t m0 x5 h7 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on <span class=\"ff7 ls35 ws9\">environnement<span class=\"_ _d\"/><span class=\"ff4 ls0 ws0\"> s\u2019\u00e9l\u00e8ve \u00e0 0,<span class=\"_ _5\"/>5 mEUR e<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t li\u00e9e \u00e0 de<span class=\"_ _5\"/>s d\u00e9p<span class=\"_ _5\"/>ense<span class=\"_ _5\"/>s pour l\u2019as<span class=\"_ _5\"/>saini<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment du s<span class=\"_ _5\"/>ol. </span></span></div>\n<div class=\"t m0 x5 h7 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on sur le<span class=\"_ _5\"/>s <span class=\"ff5 ls35 ws3b\">con<span class=\"_ _d\"/>trats on\u00e9reux<span class=\"ff4 ls0 ws0\"> rep<span class=\"_ _5\"/>rend la m<span class=\"_ _5\"/>eilleu<span class=\"_ _5\"/>re es<span class=\"_ _5\"/>timati<span class=\"_ _5\"/>on des co<span class=\"_ _5\"/>\u00fbts l<span class=\"_ _5\"/>i\u00e9s \u00e0 la fe<span class=\"_ _5\"/>rme<span class=\"_ _5\"/>ture de<span class=\"_ _5\"/>s bureau<span class=\"_ _5\"/>x de pos<span class=\"_ _5\"/>te et de v<span class=\"_ _5\"/>ente au d\u00e9<span class=\"_ _5\"/>tail </span></span></div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et \u00e0 la ma<span class=\"_ _5\"/>intenan<span class=\"_ _5\"/>ce TIC d'une p<span class=\"_ _5\"/>late<span class=\"_ _5\"/>-for<span class=\"_ _5\"/>me e<span class=\"_ _5\"/>-com<span class=\"_ _5\"/>merce e<span class=\"_ _5\"/>n phas<span class=\"_ _5\"/>e de supp<span class=\"_ _5\"/>res<span class=\"_ _5\"/>sion.</div>\n<div class=\"t m0 x5 h7 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les <span class=\"ff5 ls7 ws8\">au<span class=\"_ _5\"/>tres<span class=\"_ _d\"/><span class=\"ff4 ls0 ws0\"> pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>ns comp<span class=\"_ _5\"/>renne<span class=\"_ _5\"/>nt les co\u00fb<span class=\"_ _5\"/>ts at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dus li\u00e9<span class=\"_ _5\"/>s aux obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>ns de r\u00e9<span class=\"_ _5\"/>parat<span class=\"_ _5\"/>ion et au<span class=\"_ _5\"/>x oblig<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s l\u00e9gale<span class=\"_ _5\"/>s, en<span class=\"_ _5\"/>tre aut<span class=\"_ _5\"/>res<span class=\"_ _5\"/>. Au 31 d\u00e9<span class=\"_ _5\"/>-</span></span></div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2, les au<span class=\"_ _5\"/>tres p<span class=\"_ _5\"/>rovis<span class=\"_ _5\"/>ions s'\u00e9leva<span class=\"_ _5\"/>ient \u00e0 7<span class=\"_ _d\"/>,4 mEUR<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 822px; height: 260px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag484": {
   "value": "\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau ci<span class=\"_ _5\"/>-d<span class=\"_ _5\"/>es<span class=\"_ _5\"/>sous do<span class=\"_ _5\"/>nne de<span class=\"_ _5\"/>s infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>ns sur la hi\u00e9<span class=\"_ _5\"/>rarc<span class=\"_ _5\"/>hie d\u2019\u00e9valua<span class=\"_ _5\"/>tion \u00e0 la ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs e<span class=\"_ _5\"/>t pass<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t:</div>\n\n<div class=\"t m0 x7 hb yb ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>021</div>\n<div class=\"t m0 x144 hc yda1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>AT\u00c9GO<span class=\"_ _5\"/>RIS<span class=\"_ _5\"/>\u00c9 \u00c0 LA J<span class=\"_ _5\"/>UST<span class=\"_ _5\"/>E VAL<span class=\"_ _5\"/>EUR</div>\n<div class=\"t m0 x7 hc yda2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _272\"> </span><span class=\"lsf ws11\">VALEUR COMPTABLE</span></div>\n<div class=\"t m0 x4f hc yda3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PR<span class=\"_ _5\"/>IX COT<span class=\"_ _5\"/>\u00c9 SUR U<span class=\"_ _5\"/>N MA<span class=\"_ _5\"/>RCH\u00c9</div>\n<div class=\"t m0 x112 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 1)</div>\n<div class=\"t m0 xd0 hc yda3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE DO<span class=\"_ _5\"/>NN\u00c9<span class=\"_ _5\"/>E SI<span class=\"_ _5\"/>GNI<span class=\"_ _5\"/>FIC<span class=\"_ _5\"/>A-</div>\n<div class=\"t m0 x129 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>VE O<span class=\"_ _5\"/>BSE<span class=\"_ _5\"/>RVA<span class=\"_ _5\"/>BLE (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 2)</div>\n<div class=\"t m0 xa9 hc yda3 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DONN\u00c9E SIGNIFICAT<span class=\"_ _d\"/>IV<span class=\"_ _5\"/>E<span class=\"_ _d\"/> NON</div>\n<div class=\"t m0 xd3 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">OB<span class=\"_ _5\"/>SER V<span class=\"_ _5\"/>ABL<span class=\"_ _5\"/>E (NI<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>AU 3)</div>\n<div class=\"t m0 x7 hc yda4 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S FIN<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VALU<span class=\"_ _5\"/>\u00c9S AU CO<span class=\"_ _5\"/>\u00dbT</div>\n<div class=\"t m0 x7 hc yda5 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">AMORTI</div>\n<div class=\"t m0 x7 hc yda6 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd yda7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _b9\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _32\"> </span></span>14,9<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hc yda8 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd yda9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _21b\"> </span><span class=\"ls22 ws24\">1.<span class=\"_ _5\"/>816,<span class=\"_ _5\"/>6<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1.<span class=\"_ _5\"/>816<span class=\"_ _5\"/>,6<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hf ydaa ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES ACTIFS FINANCIER<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x40 h1b ydab ff7 fs8 fc3 sc0 ls4c ws5a\" style=\"z-index: 15;\">1.831,5<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _129\"> </span></span>1.8<span class=\"_ _5\"/>3<span class=\"_ _d\"/>1,5<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></div>\n<div class=\"t m0 x7 hc ydac ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PA<span class=\"_ _5\"/>SSI<span class=\"_ _5\"/>FS FI<span class=\"_ _5\"/>NA<span class=\"_ _5\"/>NCIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VAL<span class=\"_ _5\"/>U\u00c9S AU C<span class=\"_ _5\"/>O\u00dbT</div>\n<div class=\"t m0 x7 hc ydad ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TI (\u00c0 L<span class=\"_ _d\"/>'E<span class=\"_ _5\"/>XCE<span class=\"_ _5\"/>PTI<span class=\"_ _5\"/>ON DE<span class=\"_ _5\"/>S D\u00c9<span class=\"_ _5\"/>RIV<span class=\"_ _5\"/>\u00c9S)</div>\n<div class=\"t m0 x7 hc ydae ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydaf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _152\"> </span><span class=\"ls14 ws16\">6<span class=\"_ _5\"/>44,<span class=\"_ _5\"/>8<span class=\"_ _273\"> </span><span class=\"ls13 ws15\">666,1<span class=\"_ _ca\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ydb0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _1eb\"> </span><span class=\"ls17 ws19\">6<span class=\"_ _5\"/>49,<span class=\"_ _5\"/>8<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _273\"> </span></span>64<span class=\"_ _5\"/>9,8<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hc ydb1 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydb2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex s<span class=\"_ _5\"/>wap<span class=\"_ _40\"> </span><span class=\"ls18 ws1a\">0,3<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _ca\"> </span>0,<span class=\"_ _5\"/>3<span class=\"_ _274\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd ydb3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex fo<span class=\"_ _5\"/>rw<span class=\"_ _5\"/>ard<span class=\"_ _275\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _274\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd ydb4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _276\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>5<span class=\"_ _2\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _d1\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1<span class=\"_ _5\"/>.<span class=\"_ _2\"/>5<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hf ydb5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ydb6 ff7 fs8 fc3 sc0 ls49 ws57\" style=\"z-index: 15;\">2.882,<span class=\"_ _5\"/>2<span class=\"_ _fc\"> </span><span class=\"ls13 ws15\">666,1<span class=\"_ _103\"> </span><span class=\"ls9d wsaf\">2.23<span class=\"_ _d\"/>7<span class=\"_ _1\"/>,4<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 306px; height: 401px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 306px; height: 446px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 306px; height: 446px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hb yef ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>022</div>\n<div class=\"t m0 x144 hc y81c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>AT\u00c9GO<span class=\"_ _5\"/>RIS<span class=\"_ _5\"/>\u00c9 \u00c0 LA J<span class=\"_ _5\"/>UST<span class=\"_ _5\"/>E VAL<span class=\"_ _5\"/>EUR</div>\n<div class=\"t m0 x7 hc ydb8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _272\"> </span><span class=\"lsf ws11\">VALEUR COMPTABLE</span></div>\n<div class=\"t m0 x4f hc ydb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PR<span class=\"_ _5\"/>IX COT<span class=\"_ _5\"/>\u00c9 SUR U<span class=\"_ _5\"/>N MA<span class=\"_ _5\"/>RCH\u00c9</div>\n<div class=\"t m0 x112 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 1)</div>\n<div class=\"t m0 xd0 hc ydb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE DO<span class=\"_ _5\"/>NN\u00c9<span class=\"_ _5\"/>E SI<span class=\"_ _5\"/>GNI<span class=\"_ _5\"/>FIC<span class=\"_ _5\"/>A-</div>\n<div class=\"t m0 x129 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>VE O<span class=\"_ _5\"/>BSE<span class=\"_ _5\"/>RVA<span class=\"_ _5\"/>BLE (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 2)</div>\n<div class=\"t m0 xa9 hc ydb9 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DONN\u00c9E SIGNIFICAT<span class=\"_ _d\"/>IV<span class=\"_ _5\"/>E<span class=\"_ _d\"/> NON</div>\n<div class=\"t m0 xd3 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">OB<span class=\"_ _5\"/>SER V<span class=\"_ _5\"/>ABL<span class=\"_ _5\"/>E (NI<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>AU 3)</div>\n<div class=\"t m0 x7 hc ydba ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S FIN<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VALU<span class=\"_ _5\"/>\u00c9S AU CO<span class=\"_ _5\"/>\u00dbT</div>\n<div class=\"t m0 x7 hc ydbb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">AMORTI</div>\n<div class=\"t m0 x7 hc ydbc ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydbd ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _b9\"> </span><span class=\"ls17 ws19\">19,9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _137\"> </span></span>19,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd ydbe ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Placemen<span class=\"_ _d\"/>t<span class=\"_ _5\"/>s<span class=\"_ _277\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _274\"> </span> 0,0<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _bf\"> </span>0,1</span></div>\n<div class=\"t m0 x7 hc ydbf ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydc0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _278\"> </span><span class=\"ls2e ws30\">1.988,8<span class=\"_ _274\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1.988,8<span class=\"_ _274\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hf ydc1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES ACTIFS FINANCIER<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x40 h1b ydc2 ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">2.0<span class=\"_ _5\"/>08,9<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _122\"> </span></span>2.0<span class=\"_ _5\"/>08,9<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,1</span></div>\n<div class=\"t m0 x7 hc ydc3 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PA<span class=\"_ _5\"/>SSI<span class=\"_ _5\"/>FS FI<span class=\"_ _5\"/>NA<span class=\"_ _5\"/>NCIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VAL<span class=\"_ _5\"/>U\u00c9S AU C<span class=\"_ _5\"/>O\u00dbT</div>\n<div class=\"t m0 x7 hc ydc4 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TI (\u00c0 L<span class=\"_ _d\"/>'E<span class=\"_ _5\"/>XCE<span class=\"_ _5\"/>PTI<span class=\"_ _5\"/>ON DE<span class=\"_ _5\"/>S D\u00c9<span class=\"_ _5\"/>RIV<span class=\"_ _5\"/>\u00c9S)</div>\n<div class=\"t m0 x7 hc ydc5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydc6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _279\"> </span><span class=\"ls25 ws27\">64<span class=\"_ _5\"/>6,0<span class=\"_ _273\"> </span><span class=\"ls20 ws22\">626<span class=\"_ _5\"/>,0<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ydc7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _1eb\"> </span><span class=\"ls18 ws1a\">5<span class=\"_ _5\"/>60,8<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _273\"> </span>56<span class=\"_ _5\"/>0,8<span class=\"_ _bf\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hc ydc8 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydc9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex s<span class=\"_ _5\"/>wap<span class=\"_ _f0\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,3)<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cb\"> </span></span>(0,<span class=\"_ _5\"/>3)<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hd ydca ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _276\"> </span><span class=\"ls4b ws59\">1.<span class=\"_ _5\"/>801<span class=\"_ _5\"/>,8<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,<span class=\"_ _5\"/>0<span class=\"_ _cc\"> </span></span>1.<span class=\"_ _5\"/>801<span class=\"_ _5\"/>,8<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hf ydcb ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ydcc ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">3.00<span class=\"_ _5\"/>8,2<span class=\"_ _fa\"> </span><span class=\"ls7 ws8\">626<span class=\"_ _5\"/>,0<span class=\"_ _129\"> </span><span class=\"ls26 ws28\">2.362,<span class=\"_ _5\"/>2<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 666px; height: 401px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s couran<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t non cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s \u00e9valu<span class=\"_ _5\"/>\u00e9s \u00e0 leur co<span class=\"_ _5\"/>\u00fbt amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i et celle d<span class=\"_ _5\"/>es pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ants e<span class=\"_ _5\"/>t non cou<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ran<span class=\"_ _5\"/>ts \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur co\u00fbt a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>ti s<span class=\"_ _5\"/>e rapp<span class=\"_ _5\"/>roch<span class=\"_ _5\"/>ent de le<span class=\"_ _5\"/>urs val<span class=\"_ _5\"/>eurs co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>les<span class=\"_ _5\"/>. N\u2019<span class=\"_ _d\"/>\u00e9t<span class=\"_ _5\"/>ant pas \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur dans le b<span class=\"_ _5\"/>ilan, cel<span class=\"_ _5\"/>le-<span class=\"_ _5\"/>ci ne</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">devrait pas \u00eatre publi\u00e9e<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au cou<span class=\"_ _5\"/>rs de la p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>de, il n\u2019y a p<span class=\"_ _5\"/>as eu de t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>fer<span class=\"_ _5\"/>t ent<span class=\"_ _5\"/>re les ni<span class=\"_ _5\"/>veaux d<span class=\"_ _5\"/>e la hi\u00e9r<span class=\"_ _5\"/>archi<span class=\"_ _5\"/>e de jus<span class=\"_ _5\"/>te valeur. Il n\u2019y a par a<span class=\"_ _5\"/>illeur<span class=\"_ _5\"/>s pas eu d<span class=\"_ _5\"/>e change<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s tech<span class=\"_ _5\"/>nique<span class=\"_ _5\"/>s de valo<span class=\"_ _5\"/>risa<span class=\"_ _5\"/>tion e<span class=\"_ _5\"/>t les inpu<span class=\"_ _5\"/>ts ap<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 537px; height: 530px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 537px; height: 530px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag483": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau ci<span class=\"_ _5\"/>-d<span class=\"_ _5\"/>es<span class=\"_ _5\"/>sous do<span class=\"_ _5\"/>nne de<span class=\"_ _5\"/>s infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>ns sur la hi\u00e9<span class=\"_ _5\"/>rarc<span class=\"_ _5\"/>hie d\u2019\u00e9valua<span class=\"_ _5\"/>tion \u00e0 la ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs e<span class=\"_ _5\"/>t pass<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t:</div>\n\n<div class=\"t m0 x7 hb yb ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>021</div>\n<div class=\"t m0 x144 hc yda1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>AT\u00c9GO<span class=\"_ _5\"/>RIS<span class=\"_ _5\"/>\u00c9 \u00c0 LA J<span class=\"_ _5\"/>UST<span class=\"_ _5\"/>E VAL<span class=\"_ _5\"/>EUR</div>\n<div class=\"t m0 x7 hc yda2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _272\"> </span><span class=\"lsf ws11\">VALEUR COMPTABLE</span></div>\n<div class=\"t m0 x4f hc yda3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PR<span class=\"_ _5\"/>IX COT<span class=\"_ _5\"/>\u00c9 SUR U<span class=\"_ _5\"/>N MA<span class=\"_ _5\"/>RCH\u00c9</div>\n<div class=\"t m0 x112 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 1)</div>\n<div class=\"t m0 xd0 hc yda3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE DO<span class=\"_ _5\"/>NN\u00c9<span class=\"_ _5\"/>E SI<span class=\"_ _5\"/>GNI<span class=\"_ _5\"/>FIC<span class=\"_ _5\"/>A-</div>\n<div class=\"t m0 x129 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>VE O<span class=\"_ _5\"/>BSE<span class=\"_ _5\"/>RVA<span class=\"_ _5\"/>BLE (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 2)</div>\n<div class=\"t m0 xa9 hc yda3 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DONN\u00c9E SIGNIFICAT<span class=\"_ _d\"/>IV<span class=\"_ _5\"/>E<span class=\"_ _d\"/> NON</div>\n<div class=\"t m0 xd3 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">OB<span class=\"_ _5\"/>SER V<span class=\"_ _5\"/>ABL<span class=\"_ _5\"/>E (NI<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>AU 3)</div>\n<div class=\"t m0 x7 hc yda4 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S FIN<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VALU<span class=\"_ _5\"/>\u00c9S AU CO<span class=\"_ _5\"/>\u00dbT</div>\n<div class=\"t m0 x7 hc yda5 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">AMORTI</div>\n<div class=\"t m0 x7 hc yda6 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd yda7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _b9\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _32\"> </span></span>14,9<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hc yda8 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd yda9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _21b\"> </span><span class=\"ls22 ws24\">1.<span class=\"_ _5\"/>816,<span class=\"_ _5\"/>6<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1.<span class=\"_ _5\"/>816<span class=\"_ _5\"/>,6<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hf ydaa ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES ACTIFS FINANCIER<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x40 h1b ydab ff7 fs8 fc3 sc0 ls4c ws5a\" style=\"z-index: 15;\">1.831,5<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _129\"> </span></span>1.8<span class=\"_ _5\"/>3<span class=\"_ _d\"/>1,5<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></div>\n<div class=\"t m0 x7 hc ydac ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PA<span class=\"_ _5\"/>SSI<span class=\"_ _5\"/>FS FI<span class=\"_ _5\"/>NA<span class=\"_ _5\"/>NCIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VAL<span class=\"_ _5\"/>U\u00c9S AU C<span class=\"_ _5\"/>O\u00dbT</div>\n<div class=\"t m0 x7 hc ydad ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TI (\u00c0 L<span class=\"_ _d\"/>'E<span class=\"_ _5\"/>XCE<span class=\"_ _5\"/>PTI<span class=\"_ _5\"/>ON DE<span class=\"_ _5\"/>S D\u00c9<span class=\"_ _5\"/>RIV<span class=\"_ _5\"/>\u00c9S)</div>\n<div class=\"t m0 x7 hc ydae ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydaf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _152\"> </span><span class=\"ls14 ws16\">6<span class=\"_ _5\"/>44,<span class=\"_ _5\"/>8<span class=\"_ _273\"> </span><span class=\"ls13 ws15\">666,1<span class=\"_ _ca\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ydb0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _1eb\"> </span><span class=\"ls17 ws19\">6<span class=\"_ _5\"/>49,<span class=\"_ _5\"/>8<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _273\"> </span></span>64<span class=\"_ _5\"/>9,8<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hc ydb1 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydb2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex s<span class=\"_ _5\"/>wap<span class=\"_ _40\"> </span><span class=\"ls18 ws1a\">0,3<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _ca\"> </span>0,<span class=\"_ _5\"/>3<span class=\"_ _274\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd ydb3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex fo<span class=\"_ _5\"/>rw<span class=\"_ _5\"/>ard<span class=\"_ _275\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _274\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd ydb4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _276\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>5<span class=\"_ _2\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _d1\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1<span class=\"_ _5\"/>.<span class=\"_ _2\"/>5<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hf ydb5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ydb6 ff7 fs8 fc3 sc0 ls49 ws57\" style=\"z-index: 15;\">2.882,<span class=\"_ _5\"/>2<span class=\"_ _fc\"> </span><span class=\"ls13 ws15\">666,1<span class=\"_ _103\"> </span><span class=\"ls9d wsaf\">2.23<span class=\"_ _d\"/>7<span class=\"_ _1\"/>,4<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 306px; height: 401px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 306px; height: 446px; width: 90%; z-index: 4;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x7 hb yef ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>022</div>\n<div class=\"t m0 x144 hc y81c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>AT\u00c9GO<span class=\"_ _5\"/>RIS<span class=\"_ _5\"/>\u00c9 \u00c0 LA J<span class=\"_ _5\"/>UST<span class=\"_ _5\"/>E VAL<span class=\"_ _5\"/>EUR</div>\n<div class=\"t m0 x7 hc ydb8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _272\"> </span><span class=\"lsf ws11\">VALEUR COMPTABLE</span></div>\n<div class=\"t m0 x4f hc ydb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PR<span class=\"_ _5\"/>IX COT<span class=\"_ _5\"/>\u00c9 SUR U<span class=\"_ _5\"/>N MA<span class=\"_ _5\"/>RCH\u00c9</div>\n<div class=\"t m0 x112 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 1)</div>\n<div class=\"t m0 xd0 hc ydb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE DO<span class=\"_ _5\"/>NN\u00c9<span class=\"_ _5\"/>E SI<span class=\"_ _5\"/>GNI<span class=\"_ _5\"/>FIC<span class=\"_ _5\"/>A-</div>\n<div class=\"t m0 x129 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>VE O<span class=\"_ _5\"/>BSE<span class=\"_ _5\"/>RVA<span class=\"_ _5\"/>BLE (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 2)</div>\n<div class=\"t m0 xa9 hc ydb9 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DONN\u00c9E SIGNIFICAT<span class=\"_ _d\"/>IV<span class=\"_ _5\"/>E<span class=\"_ _d\"/> NON</div>\n<div class=\"t m0 xd3 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">OB<span class=\"_ _5\"/>SER V<span class=\"_ _5\"/>ABL<span class=\"_ _5\"/>E (NI<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>AU 3)</div>\n<div class=\"t m0 x7 hc ydba ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S FIN<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VALU<span class=\"_ _5\"/>\u00c9S AU CO<span class=\"_ _5\"/>\u00dbT</div>\n<div class=\"t m0 x7 hc ydbb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">AMORTI</div>\n<div class=\"t m0 x7 hc ydbc ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydbd ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _b9\"> </span><span class=\"ls17 ws19\">19,9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _137\"> </span></span>19,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd ydbe ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Placemen<span class=\"_ _d\"/>t<span class=\"_ _5\"/>s<span class=\"_ _277\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _274\"> </span> 0,0<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _bf\"> </span>0,1</span></div>\n<div class=\"t m0 x7 hc ydbf ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydc0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _278\"> </span><span class=\"ls2e ws30\">1.988,8<span class=\"_ _274\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1.988,8<span class=\"_ _274\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hf ydc1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES ACTIFS FINANCIER<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x40 h1b ydc2 ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">2.0<span class=\"_ _5\"/>08,9<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _122\"> </span></span>2.0<span class=\"_ _5\"/>08,9<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,1</span></div>\n<div class=\"t m0 x7 hc ydc3 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PA<span class=\"_ _5\"/>SSI<span class=\"_ _5\"/>FS FI<span class=\"_ _5\"/>NA<span class=\"_ _5\"/>NCIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VAL<span class=\"_ _5\"/>U\u00c9S AU C<span class=\"_ _5\"/>O\u00dbT</div>\n<div class=\"t m0 x7 hc ydc4 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TI (\u00c0 L<span class=\"_ _d\"/>'E<span class=\"_ _5\"/>XCE<span class=\"_ _5\"/>PTI<span class=\"_ _5\"/>ON DE<span class=\"_ _5\"/>S D\u00c9<span class=\"_ _5\"/>RIV<span class=\"_ _5\"/>\u00c9S)</div>\n<div class=\"t m0 x7 hc ydc5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydc6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _279\"> </span><span class=\"ls25 ws27\">64<span class=\"_ _5\"/>6,0<span class=\"_ _273\"> </span><span class=\"ls20 ws22\">626<span class=\"_ _5\"/>,0<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ydc7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _1eb\"> </span><span class=\"ls18 ws1a\">5<span class=\"_ _5\"/>60,8<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _273\"> </span>56<span class=\"_ _5\"/>0,8<span class=\"_ _bf\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hc ydc8 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydc9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex s<span class=\"_ _5\"/>wap<span class=\"_ _f0\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,3)<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cb\"> </span></span>(0,<span class=\"_ _5\"/>3)<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hd ydca ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _276\"> </span><span class=\"ls4b ws59\">1.<span class=\"_ _5\"/>801<span class=\"_ _5\"/>,8<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,<span class=\"_ _5\"/>0<span class=\"_ _cc\"> </span></span>1.<span class=\"_ _5\"/>801<span class=\"_ _5\"/>,8<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hf ydcb ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ydcc ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">3.00<span class=\"_ _5\"/>8,2<span class=\"_ _fa\"> </span><span class=\"ls7 ws8\">626<span class=\"_ _5\"/>,0<span class=\"_ _129\"> </span><span class=\"ls26 ws28\">2.362,<span class=\"_ _5\"/>2<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 666px; height: 401px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La ju<span class=\"_ _5\"/>ste va<span class=\"_ _5\"/>leur de<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s couran<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t non cour<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s \u00e9valu<span class=\"_ _5\"/>\u00e9s \u00e0 leur co<span class=\"_ _5\"/>\u00fbt amo<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>i et celle d<span class=\"_ _5\"/>es pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s cour<span class=\"_ _5\"/>ants e<span class=\"_ _5\"/>t non cou<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ran<span class=\"_ _5\"/>ts \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur co\u00fbt a<span class=\"_ _5\"/>mor<span class=\"_ _5\"/>ti s<span class=\"_ _5\"/>e rapp<span class=\"_ _5\"/>roch<span class=\"_ _5\"/>ent de le<span class=\"_ _5\"/>urs val<span class=\"_ _5\"/>eurs co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>les<span class=\"_ _5\"/>. N\u2019<span class=\"_ _d\"/>\u00e9t<span class=\"_ _5\"/>ant pas \u00e9<span class=\"_ _5\"/>valu\u00e9<span class=\"_ _5\"/>s \u00e0 leur jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur dans le b<span class=\"_ _5\"/>ilan, cel<span class=\"_ _5\"/>le-<span class=\"_ _5\"/>ci ne</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">devrait pas \u00eatre publi\u00e9e<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au cou<span class=\"_ _5\"/>rs de la p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>de, il n\u2019y a p<span class=\"_ _5\"/>as eu de t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>fer<span class=\"_ _5\"/>t ent<span class=\"_ _5\"/>re les ni<span class=\"_ _5\"/>veaux d<span class=\"_ _5\"/>e la hi\u00e9r<span class=\"_ _5\"/>archi<span class=\"_ _5\"/>e de jus<span class=\"_ _5\"/>te valeur. Il n\u2019y a par a<span class=\"_ _5\"/>illeur<span class=\"_ _5\"/>s pas eu d<span class=\"_ _5\"/>e change<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dans le<span class=\"_ _5\"/>s tech<span class=\"_ _5\"/>nique<span class=\"_ _5\"/>s de valo<span class=\"_ _5\"/>risa<span class=\"_ _5\"/>tion e<span class=\"_ _5\"/>t les inpu<span class=\"_ _5\"/>ts ap<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 537px; height: 530px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag479": {
   "value": "\n<div class=\"t m0 x7 hb yb ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>021</div>\n<div class=\"t m0 x144 hc yda1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>AT\u00c9GO<span class=\"_ _5\"/>RIS<span class=\"_ _5\"/>\u00c9 \u00c0 LA J<span class=\"_ _5\"/>UST<span class=\"_ _5\"/>E VAL<span class=\"_ _5\"/>EUR</div>\n<div class=\"t m0 x7 hc yda2 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _272\"> </span><span class=\"lsf ws11\">VALEUR COMPTABLE</span></div>\n<div class=\"t m0 x4f hc yda3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PR<span class=\"_ _5\"/>IX COT<span class=\"_ _5\"/>\u00c9 SUR U<span class=\"_ _5\"/>N MA<span class=\"_ _5\"/>RCH\u00c9</div>\n<div class=\"t m0 x112 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 1)</div>\n<div class=\"t m0 xd0 hc yda3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE DO<span class=\"_ _5\"/>NN\u00c9<span class=\"_ _5\"/>E SI<span class=\"_ _5\"/>GNI<span class=\"_ _5\"/>FIC<span class=\"_ _5\"/>A-</div>\n<div class=\"t m0 x129 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>VE O<span class=\"_ _5\"/>BSE<span class=\"_ _5\"/>RVA<span class=\"_ _5\"/>BLE (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 2)</div>\n<div class=\"t m0 xa9 hc yda3 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DONN\u00c9E SIGNIFICAT<span class=\"_ _d\"/>IV<span class=\"_ _5\"/>E<span class=\"_ _d\"/> NON</div>\n<div class=\"t m0 xd3 hc yda2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">OB<span class=\"_ _5\"/>SER V<span class=\"_ _5\"/>ABL<span class=\"_ _5\"/>E (NI<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>AU 3)</div>\n<div class=\"t m0 x7 hc yda4 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S FIN<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VALU<span class=\"_ _5\"/>\u00c9S AU CO<span class=\"_ _5\"/>\u00dbT</div>\n<div class=\"t m0 x7 hc yda5 ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">AMORTI</div>\n<div class=\"t m0 x7 hc yda6 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd yda7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _b9\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _32\"> </span></span>14,9<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hc yda8 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd yda9 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _21b\"> </span><span class=\"ls22 ws24\">1.<span class=\"_ _5\"/>816,<span class=\"_ _5\"/>6<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1.<span class=\"_ _5\"/>816<span class=\"_ _5\"/>,6<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hf ydaa ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES ACTIFS FINANCIER<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x40 h1b ydab ff7 fs8 fc3 sc0 ls4c ws5a\" style=\"z-index: 15;\">1.831,5<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _129\"> </span></span>1.8<span class=\"_ _5\"/>3<span class=\"_ _d\"/>1,5<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></div>\n<div class=\"t m0 x7 hc ydac ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PA<span class=\"_ _5\"/>SSI<span class=\"_ _5\"/>FS FI<span class=\"_ _5\"/>NA<span class=\"_ _5\"/>NCIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VAL<span class=\"_ _5\"/>U\u00c9S AU C<span class=\"_ _5\"/>O\u00dbT</div>\n<div class=\"t m0 x7 hc ydad ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TI (\u00c0 L<span class=\"_ _d\"/>'E<span class=\"_ _5\"/>XCE<span class=\"_ _5\"/>PTI<span class=\"_ _5\"/>ON DE<span class=\"_ _5\"/>S D\u00c9<span class=\"_ _5\"/>RIV<span class=\"_ _5\"/>\u00c9S)</div>\n<div class=\"t m0 x7 hc ydae ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydaf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _152\"> </span><span class=\"ls14 ws16\">6<span class=\"_ _5\"/>44,<span class=\"_ _5\"/>8<span class=\"_ _273\"> </span><span class=\"ls13 ws15\">666,1<span class=\"_ _ca\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ydb0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _1eb\"> </span><span class=\"ls17 ws19\">6<span class=\"_ _5\"/>49,<span class=\"_ _5\"/>8<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _273\"> </span></span>64<span class=\"_ _5\"/>9,8<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hc ydb1 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydb2 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex s<span class=\"_ _5\"/>wap<span class=\"_ _40\"> </span><span class=\"ls18 ws1a\">0,3<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _ca\"> </span>0,<span class=\"_ _5\"/>3<span class=\"_ _274\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd ydb3 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex fo<span class=\"_ _5\"/>rw<span class=\"_ _5\"/>ard<span class=\"_ _275\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _274\"> </span> 0,0</span></div>\n<div class=\"t m0 x7 hd ydb4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _276\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>.<span class=\"_ _5\"/>5<span class=\"_ _2\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _d1\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1<span class=\"_ _5\"/>.<span class=\"_ _2\"/>5<span class=\"_ _5\"/>8<span class=\"_ _5\"/>7,<span class=\"_ _2\"/>3<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0</span></span></div>\n<div class=\"t m0 x7 hf ydb5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ydb6 ff7 fs8 fc3 sc0 ls49 ws57\" style=\"z-index: 15;\">2.882,<span class=\"_ _5\"/>2<span class=\"_ _fc\"> </span><span class=\"ls13 ws15\">666,1<span class=\"_ _103\"> </span><span class=\"ls9d wsaf\">2.23<span class=\"_ _d\"/>7<span class=\"_ _1\"/>,4<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 306px; height: 401px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x7 hb yef ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>022</div>\n<div class=\"t m0 x144 hc y81c ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">C<span class=\"_ _5\"/>AT\u00c9GO<span class=\"_ _5\"/>RIS<span class=\"_ _5\"/>\u00c9 \u00c0 LA J<span class=\"_ _5\"/>UST<span class=\"_ _5\"/>E VAL<span class=\"_ _5\"/>EUR</div>\n<div class=\"t m0 x7 hc ydb8 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _272\"> </span><span class=\"lsf ws11\">VALEUR COMPTABLE</span></div>\n<div class=\"t m0 x4f hc ydb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PR<span class=\"_ _5\"/>IX COT<span class=\"_ _5\"/>\u00c9 SUR U<span class=\"_ _5\"/>N MA<span class=\"_ _5\"/>RCH\u00c9</div>\n<div class=\"t m0 x112 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 1)</div>\n<div class=\"t m0 xd0 hc ydb9 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AUT<span class=\"_ _5\"/>RE DO<span class=\"_ _5\"/>NN\u00c9<span class=\"_ _5\"/>E SI<span class=\"_ _5\"/>GNI<span class=\"_ _5\"/>FIC<span class=\"_ _5\"/>A-</div>\n<div class=\"t m0 x129 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">TI<span class=\"_ _5\"/>VE O<span class=\"_ _5\"/>BSE<span class=\"_ _5\"/>RVA<span class=\"_ _5\"/>BLE (N<span class=\"_ _5\"/>IV<span class=\"_ _5\"/>EA<span class=\"_ _5\"/>U 2)</div>\n<div class=\"t m0 xa9 hc ydb9 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DONN\u00c9E SIGNIFICAT<span class=\"_ _d\"/>IV<span class=\"_ _5\"/>E<span class=\"_ _d\"/> NON</div>\n<div class=\"t m0 xd3 hc ydb8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">OB<span class=\"_ _5\"/>SER V<span class=\"_ _5\"/>ABL<span class=\"_ _5\"/>E (NI<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>AU 3)</div>\n<div class=\"t m0 x7 hc ydba ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIF<span class=\"_ _5\"/>S FIN<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>CIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VALU<span class=\"_ _5\"/>\u00c9S AU CO<span class=\"_ _5\"/>\u00dbT</div>\n<div class=\"t m0 x7 hc ydbb ff5 fs7 fc2 sc0 ls41 ws4b\" style=\"z-index: 15;\">AMORTI</div>\n<div class=\"t m0 x7 hc ydbc ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydbd ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _b9\"> </span><span class=\"ls17 ws19\">19,9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _137\"> </span></span>19,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hd ydbe ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Placemen<span class=\"_ _d\"/>t<span class=\"_ _5\"/>s<span class=\"_ _277\"> </span><span class=\"ls18 ws1a\">0,1<span class=\"_ _274\"> </span> 0,0<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _bf\"> </span>0,1</span></div>\n<div class=\"t m0 x7 hc ydbf ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydc0 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Actif<span class=\"_ _5\"/>s financiers<span class=\"_ _278\"> </span><span class=\"ls2e ws30\">1.988,8<span class=\"_ _274\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cc\"> </span></span>1.988,8<span class=\"_ _274\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hf ydc1 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES ACTIFS FINANCIER<span class=\"_ _d\"/>S</div>\n<div class=\"t m0 x40 h1b ydc2 ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">2.0<span class=\"_ _5\"/>08,9<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _122\"> </span></span>2.0<span class=\"_ _5\"/>08,9<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,1</span></div>\n<div class=\"t m0 x7 hc ydc3 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PA<span class=\"_ _5\"/>SSI<span class=\"_ _5\"/>FS FI<span class=\"_ _5\"/>NA<span class=\"_ _5\"/>NCIE<span class=\"_ _5\"/>RS \u00c9<span class=\"_ _5\"/>VAL<span class=\"_ _5\"/>U\u00c9S AU C<span class=\"_ _5\"/>O\u00dbT</div>\n<div class=\"t m0 x7 hc ydc4 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>OR<span class=\"_ _5\"/>TI (\u00c0 L<span class=\"_ _d\"/>'E<span class=\"_ _5\"/>XCE<span class=\"_ _5\"/>PTI<span class=\"_ _5\"/>ON DE<span class=\"_ _5\"/>S D\u00c9<span class=\"_ _5\"/>RIV<span class=\"_ _5\"/>\u00c9S)</div>\n<div class=\"t m0 x7 hc ydc5 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NON CO<span class=\"_ _d\"/>UR<span class=\"_ _5\"/>ANTS</div>\n<div class=\"t m0 x7 hd ydc6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _279\"> </span><span class=\"ls25 ws27\">64<span class=\"_ _5\"/>6,0<span class=\"_ _273\"> </span><span class=\"ls20 ws22\">626<span class=\"_ _5\"/>,0<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0</span></span></span></div>\n<div class=\"t m0 x7 hd ydc7 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _1eb\"> </span><span class=\"ls18 ws1a\">5<span class=\"_ _5\"/>60,8<span class=\"_ _c2\"> </span> 0,0<span class=\"_ _273\"> </span>56<span class=\"_ _5\"/>0,8<span class=\"_ _bf\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hc ydc8 ff5 fs7 fc2 sc0 ls5c ws70\" style=\"z-index: 15;\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>TS</div>\n<div class=\"t m0 x7 hd ydc9 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>umen<span class=\"_ _5\"/>ts d\u00e9<span class=\"_ _5\"/>riv<span class=\"_ _5\"/>\u00e9s  \u2013  fo<span class=\"_ _5\"/>rex s<span class=\"_ _5\"/>wap<span class=\"_ _f0\"> </span><span class=\"ls22 ws24\">(0<span class=\"_ _5\"/>,3)<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0<span class=\"_ _cb\"> </span></span>(0,<span class=\"_ _5\"/>3)<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,0</span></span></div>\n<div class=\"t m0 x7 hd ydca ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Passifs f<span class=\"_ _5\"/>inanciers<span class=\"_ _276\"> </span><span class=\"ls4b ws59\">1.<span class=\"_ _5\"/>801<span class=\"_ _5\"/>,8<span class=\"_ _c2\"> </span><span class=\"ls18 ws1a\"> 0,<span class=\"_ _5\"/>0<span class=\"_ _cc\"> </span></span>1.<span class=\"_ _5\"/>801<span class=\"_ _5\"/>,8<span class=\"_ _20e\"> </span><span class=\"ls18 ws1a\">0,0</span></span></div>\n<div class=\"t m0 x7 hf ydcb ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ydcc ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">3.00<span class=\"_ _5\"/>8,2<span class=\"_ _fa\"> </span><span class=\"ls7 ws8\">626<span class=\"_ _5\"/>,0<span class=\"_ _129\"> </span><span class=\"ls26 ws28\">2.362,<span class=\"_ _5\"/>2<span class=\"_ _d1\"> </span><span class=\"ls14 ws16\">0,0</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 666px; height: 401px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 hb y59 ff7 fs6 fc3 sc0 lsa0 wsdd\" style=\"z-index: 15;\">Instrument<span class=\"_ _5\"/>s <span class=\"_ _d\"/>d\u00e9riv\u00e9s</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>e \u00e0 cer<span class=\"_ _5\"/>tai<span class=\"_ _5\"/>ns ris<span class=\"_ _5\"/>ques l<span class=\"_ _5\"/>i\u00e9s \u00e0 se<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivi<span class=\"_ _5\"/>t\u00e9s comm<span class=\"_ _5\"/>erciale<span class=\"_ _5\"/>s quot<span class=\"_ _5\"/>idienn<span class=\"_ _5\"/>es. L<span class=\"_ _5\"/>e prin<span class=\"_ _5\"/>cipal r<span class=\"_ _5\"/>isque g<span class=\"_ _5\"/>\u00e9r\u00e9 avec l<span class=\"_ _5\"/>es ins<span class=\"_ _5\"/>trum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s d\u00e9r<span class=\"_ _5\"/>iv\u00e9s e<span class=\"_ _5\"/>st</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e change. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t utilis<span class=\"_ _5\"/>e des co<span class=\"_ _5\"/>ntrat<span class=\"_ _5\"/>s de ch<span class=\"_ _5\"/>ange \u00e0 ter<span class=\"_ _5\"/>me et de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s de d\u2019\u00e9change d<span class=\"_ _5\"/>e change p<span class=\"_ _5\"/>our g\u00e9r<span class=\"_ _5\"/>er cer<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>ines de s<span class=\"_ _5\"/>es ex<span class=\"_ _5\"/>posi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns en de<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8re<span class=\"_ _5\"/>s. Ce<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s ont \u00e9t\u00e9 s<span class=\"_ _5\"/>ouscr<span class=\"_ _5\"/>it<span class=\"_ _5\"/>s afi<span class=\"_ _5\"/>n de couv<span class=\"_ _5\"/>rir les r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es de ch<span class=\"_ _5\"/>ange li\u00e9<span class=\"_ _5\"/>s aux pr\u00ea<span class=\"_ _5\"/>ts i<span class=\"_ _5\"/>ntrag<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e accord\u00e9<span class=\"_ _5\"/>s par bp<span class=\"_ _5\"/>ost</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 se<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les<span class=\"_ _5\"/>. \u00c0 la fin d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>exe<span class=\"_ _5\"/>rcice 20<span class=\"_ _5\"/>22, l'imp<span class=\"_ _5\"/>act d<span class=\"_ _5\"/>e la jus<span class=\"_ _5\"/>te valeur d<span class=\"_ _5\"/>es cont<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>s de chan<span class=\"_ _5\"/>ge \u00e0 term<span class=\"_ _5\"/>e et de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e d\u2019<span class=\"_ _d\"/>\u00e9c<span class=\"_ _5\"/>hange de ch<span class=\"_ _5\"/>ange s'est</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>aduit pa<span class=\"_ _5\"/>r une dimin<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>es pas<span class=\"_ _5\"/>sif<span class=\"_ _5\"/>s de 0,<span class=\"_ _5\"/>3 mEUR.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 282px; height: 110px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s inst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e couve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ure son<span class=\"_ _5\"/>t mis en pl<span class=\"_ _5\"/>ace pour s<span class=\"_ _5\"/>e prot\u00e9<span class=\"_ _5\"/>ger de ces r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ues<span class=\"_ _5\"/>.bpos<span class=\"_ _5\"/>t util<span class=\"_ _5\"/>ise de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e change \u00e0 te<span class=\"_ _5\"/>rme e<span class=\"_ _5\"/>t des con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de s<span class=\"_ _5\"/>wap de cha<span class=\"_ _5\"/>nge pour g<span class=\"_ _5\"/>\u00e9rer ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>aine<span class=\"_ _5\"/>s de se<span class=\"_ _5\"/>s exp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>ns en de<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8r<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ces co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts on<span class=\"_ _5\"/>t \u00e9t\u00e9 sou<span class=\"_ _5\"/>scr<span class=\"_ _5\"/>its af<span class=\"_ _5\"/>in de co<span class=\"_ _5\"/>uvr<span class=\"_ _5\"/>ir les r<span class=\"_ _5\"/>isque<span class=\"_ _5\"/>s de chan<span class=\"_ _5\"/>ge li\u00e9s au<span class=\"_ _5\"/>x pr\u00eat<span class=\"_ _5\"/>s inte<span class=\"_ _5\"/>rentr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises a<span class=\"_ _5\"/>ccord\u00e9<span class=\"_ _5\"/>s par bp<span class=\"_ _5\"/>ost \u00e0 s<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>iliales<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 2018, bp<span class=\"_ _5\"/>ost a co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ct\u00e9 un p<span class=\"_ _5\"/>r\u00eat ban<span class=\"_ _5\"/>cair<span class=\"_ _5\"/>e en USD, d\u2019une matu<span class=\"_ _5\"/>rit\u00e9 de 3 a<span class=\"_ _5\"/>ns, ave<span class=\"_ _5\"/>c deux e<span class=\"_ _5\"/>xt<span class=\"_ _5\"/>ensio<span class=\"_ _5\"/>ns pos<span class=\"_ _5\"/>sible<span class=\"_ _5\"/>s, cha<span class=\"_ _5\"/>cune d\u2019un an<span class=\"_ _5\"/>. Outr<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>\u00e9mi<span class=\"_ _5\"/>s-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sion o<span class=\"_ _5\"/>bliga<span class=\"_ _5\"/>taire, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t, do<span class=\"_ _5\"/>nt l\u2019EUR es<span class=\"_ _5\"/>t la de<span class=\"_ _5\"/>vise f<span class=\"_ _5\"/>onc<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elle, a em<span class=\"_ _5\"/>prun<span class=\"_ _5\"/>t\u00e9 en USD af<span class=\"_ _5\"/>in de re<span class=\"_ _5\"/>finan<span class=\"_ _5\"/>cer l\u2019acquis<span class=\"_ _5\"/>ition d<span class=\"_ _5\"/>e novemb<span class=\"_ _5\"/>re 201<span class=\"_ _1\"/>7 d<span class=\"_ _5\"/>e Radial</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Hold<span class=\"_ _5\"/>ings<span class=\"_ _5\"/>, LP<span class=\"_ _3b\"/>. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a empr<span class=\"_ _5\"/>unt\u00e9 une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie en USD p<span class=\"_ _5\"/>our r\u00e9<span class=\"_ _5\"/>duire le r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e diff\u00e9r<span class=\"_ _5\"/>ences d<span class=\"_ _5\"/>e change s<span class=\"_ _5\"/>ur les op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ions \u00e0 l\u2019\u00e9tr<span class=\"_ _5\"/>anger, et don<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9al<span class=\"_ _5\"/>is\u00e9 une co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e de son inv<span class=\"_ _5\"/>est<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t net<span class=\"_ _5\"/>. Par cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nt, la p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tion e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de<span class=\"_ _5\"/>s var<span class=\"_ _5\"/>iation<span class=\"_ _5\"/>s de la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur de l\u2019ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument de co<span class=\"_ _5\"/>u-</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>e dans le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal<span class=\"_ _5\"/>. Le mont<span class=\"_ _5\"/>ant not<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>l de la cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture s\u2019\u00e9lev<span class=\"_ _5\"/>ait \u00e0 143,0 mUS<span class=\"_ _5\"/>D, tandi<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que la v<span class=\"_ _5\"/>aleur co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>le conver<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e en Euros s\u2019\u00e9lev<span class=\"_ _5\"/>ait \u00e0 13<span class=\"_ _5\"/>4,1 m<span class=\"_ _5\"/>EUR. Au 31 d<span class=\"_ _5\"/>\u00e9cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2, la per<span class=\"_ _5\"/>te n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te sur la r\u00e9<span class=\"_ _5\"/>\u00e9valua<span class=\"_ _5\"/>tion du p<span class=\"_ _5\"/>r\u00eat en US<span class=\"_ _5\"/>D<span class=\"_ _d\"/>,</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e da<span class=\"_ _5\"/>ns les au<span class=\"_ _5\"/>tres \u00e9<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>nts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al et cumu<span class=\"_ _5\"/>l\u00e9 dans le<span class=\"_ _5\"/>s \u00e9car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s de conve<span class=\"_ _5\"/>rsi<span class=\"_ _5\"/>on de dev<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s, s'\u00e9leva<span class=\"_ _5\"/>it \u00e0 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>8 mEUR. En 2<span class=\"_ _5\"/>022, il</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u2019y a pa<span class=\"_ _5\"/>s eu de par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie non eff<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ace.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 642px; height: 200px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>65<span class=\"_ _5\"/>0,0 mEUR d'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>ns. L<span class=\"_ _1\"/>'oblig<span class=\"_ _5\"/>ation \u00e0 8 a<span class=\"_ _5\"/>ns a \u00e9t\u00e9 \u00e9m<span class=\"_ _5\"/>ise en ju<span class=\"_ _5\"/>illet 2018 ave<span class=\"_ _5\"/>c un coupo<span class=\"_ _5\"/>n de 1,<span class=\"_ _5\"/>25%<span class=\"_ _5\"/>. En pr\u00e9v<span class=\"_ _5\"/>ision d<span class=\"_ _5\"/>e cet<span class=\"_ _5\"/>te \u00e9mis<span class=\"_ _5\"/>sion, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x2a h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">a conc<span class=\"_ _5\"/>lu en f\u00e9v<span class=\"_ _5\"/>rier 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>18 un s<span class=\"_ _5\"/>wap de t<span class=\"_ _5\"/>aux d'int\u00e9<span class=\"_ _5\"/>r\u00eat \u00e0 ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur 10 ans ave<span class=\"_ _5\"/>c un mont<span class=\"_ _5\"/>ant nomi<span class=\"_ _5\"/>nal de 60<span class=\"_ _5\"/>0,0 m<span class=\"_ _5\"/>EUR. L<span class=\"_ _5\"/>a tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion a \u00e9<span class=\"_ _5\"/>t\u00e9 con<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>act\u00e9<span class=\"_ _5\"/>e af<span class=\"_ _5\"/>in de couv<span class=\"_ _5\"/>rir le r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t sur l'\u00e9miss<span class=\"_ _5\"/>ion env<span class=\"_ _5\"/>isag\u00e9<span class=\"_ _5\"/>e d'une obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n \u00e0 long ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur ref<span class=\"_ _5\"/>inance<span class=\"_ _5\"/>r le cr\u00e9<span class=\"_ _5\"/>dit-pon<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>ac-</div>\n<div class=\"t m0 x2a h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">quis<span class=\"_ _5\"/>ition co<span class=\"_ _5\"/>nclu en n<span class=\"_ _5\"/>ovembr<span class=\"_ _5\"/>e 201<span class=\"_ _1\"/>7 po<span class=\"_ _5\"/>ur l'acquisit<span class=\"_ _5\"/>ion de R<span class=\"_ _5\"/>adial. E<span class=\"_ _5\"/>n juillet 2018<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t a \u00e9mis un<span class=\"_ _5\"/>e oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e 650,<span class=\"_ _5\"/>0 mEUR \u00e0 8 ans<span class=\"_ _5\"/>. \u00c0 cet<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x2a h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">occ<span class=\"_ _5\"/>asion<span class=\"_ _5\"/>, le swa<span class=\"_ _5\"/>p de tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t a \u00e9t\u00e9 d\u00e9n<span class=\"_ _5\"/>ou\u00e9 et r<span class=\"_ _5\"/>\u00e9gl\u00e9 via u<span class=\"_ _5\"/>n paiem<span class=\"_ _5\"/>ent de 21,<span class=\"_ _5\"/>5 mEUR r<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>ti e<span class=\"_ _5\"/>ntre une p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie eff<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tive de 2<span class=\"_ _5\"/>0,0 mEUR et</div>\n<div class=\"t m0 x2a h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie ine<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tive d<span class=\"_ _5\"/>e 1,5 m<span class=\"_ _5\"/>EUR. L<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie in<span class=\"_ _5\"/>eff<span class=\"_ _5\"/>icace a \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at. L<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure</div>\n<div class=\"t m0 x2a h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de f<span class=\"_ _5\"/>lux de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>rer<span class=\"_ _5\"/>ie (20,0 mEUR) a \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dan<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res \u00e9<span class=\"_ _5\"/>l\u00e9men<span class=\"_ _5\"/>ts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at globa<span class=\"_ _5\"/>l (le mont<span class=\"_ _5\"/>ant ne<span class=\"_ _5\"/>t d'imp\u00f4t e<span class=\"_ _5\"/>st de 14,<span class=\"_ _5\"/>8 mEUR)</div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en t<span class=\"_ _5\"/>ant que r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure de f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e. Cet<span class=\"_ _5\"/>te couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ture de f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie es<span class=\"_ _5\"/>t recl<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9e en r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at au cour<span class=\"_ _5\"/>s des m\u00ea<span class=\"_ _5\"/>mes</div>\n<div class=\"t m0 x2a h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>es que le<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>erie d<span class=\"_ _5\"/>es obli<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>ns \u00e0 long te<span class=\"_ _5\"/>rme qui a<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tero<span class=\"_ _5\"/>nt le r\u00e9s<span class=\"_ _5\"/>ultat sur 8 a<span class=\"_ _5\"/>ns \u00e0 compte<span class=\"_ _5\"/>r de leur da<span class=\"_ _5\"/>te d'<span class=\"_ _d\"/>\u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>on. En</div>\n<div class=\"t m0 x2a h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2, un mon<span class=\"_ _5\"/>tant ne<span class=\"_ _5\"/>t de 1,<span class=\"_ _5\"/>9 mEUR a \u00e9t\u00e9 re<span class=\"_ _5\"/>clas<span class=\"_ _5\"/>s\u00e9 dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 72px; height: 155px; width: 88%; z-index: 5;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag485": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 h1a y80 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>30 <span class=\"_ _38\"/>Instruments f<span class=\"_ _5\"/>in<span class=\"_ _d\"/>ancie<span class=\"_ _d\"/>rs et gestion des risques finan<span class=\"_ _d\"/>ciers</div>\n\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>e aux r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es de mar<span class=\"_ _5\"/>ch\u00e9 li\u00e9<span class=\"_ _5\"/>s aux f<span class=\"_ _5\"/>luc<span class=\"_ _5\"/>tuatio<span class=\"_ _5\"/>ns des t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>hange, d<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t et de<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x du march<span class=\"_ _5\"/>\u00e9 (pri<span class=\"_ _5\"/>x des</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices p<span class=\"_ _5\"/>ublic<span class=\"_ _5\"/>s). En outre, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t expo<span class=\"_ _5\"/>s\u00e9e a<span class=\"_ _5\"/>ux ris<span class=\"_ _5\"/>ques d<span class=\"_ _5\"/>e cr\u00e9di<span class=\"_ _5\"/>t et de liq<span class=\"_ _5\"/>uidit\u00e9.</div>\n<div class=\"t m0 x5 hb y84 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Risque de ch<span class=\"_ _d\"/>ange</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans s<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s o<span class=\"_ _5\"/>p\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elles e<span class=\"_ _5\"/>t fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t exp<span class=\"_ _5\"/>os\u00e9e a<span class=\"_ _5\"/>ux fl<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>uation<span class=\"_ _5\"/>s de tau<span class=\"_ _5\"/>x de chang<span class=\"_ _5\"/>e qui impac<span class=\"_ _5\"/>tent l<span class=\"_ _5\"/>e bilan et l<span class=\"_ _5\"/>e compte de</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">r\u00e9sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ces r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ues de ch<span class=\"_ _5\"/>ange cons<span class=\"_ _5\"/>iste<span class=\"_ _5\"/>nt en (i) un r<span class=\"_ _5\"/>isque t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>el li\u00e9 au<span class=\"_ _5\"/>x ac<span class=\"_ _5\"/>tivit<span class=\"_ _5\"/>\u00e9s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lles ayan<span class=\"_ _5\"/>t un flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>n devis<span class=\"_ _5\"/>e \u00e9tr<span class=\"_ _5\"/>an-</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">g\u00e8re e<span class=\"_ _5\"/>t (ii) un ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion li\u00e9 \u00e0 l<span class=\"_ _5\"/>a conso<span class=\"_ _5\"/>lidatio<span class=\"_ _5\"/>n en Euro de<span class=\"_ _5\"/>s fil<span class=\"_ _5\"/>iales do<span class=\"_ _5\"/>nt la dev<span class=\"_ _5\"/>ise fo<span class=\"_ _5\"/>nct<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle n\u2019<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t pas l\u2019<span class=\"_ _5\"/>Euro (devis<span class=\"_ _5\"/>e fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nnell<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de bp<span class=\"_ _5\"/>ost). L<span class=\"_ _5\"/>a plus im<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>nte exp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on au ri<span class=\"_ _5\"/>sque de c<span class=\"_ _5\"/>hange cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>pond a<span class=\"_ _5\"/>u risq<span class=\"_ _5\"/>ue de conve<span class=\"_ _5\"/>rsio<span class=\"_ _5\"/>n des USD (au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2021 1 EUR =</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1,1<span class=\"_ _5\"/>326 USD par r<span class=\"_ _5\"/>app<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2 1 EUR = 1,0<span class=\"_ _5\"/>66<span class=\"_ _5\"/>6 USD et moy<span class=\"_ _5\"/>enne an<span class=\"_ _5\"/>nuelle - c'es<span class=\"_ _5\"/>t-\u00e0-<span class=\"_ _5\"/>dire la m<span class=\"_ _5\"/>oyenne m<span class=\"_ _5\"/>ensu<span class=\"_ _5\"/>elle div<span class=\"_ _5\"/>is\u00e9<span class=\"_ _5\"/>e par 12 -</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r 2022 1 EUR = 1<span class=\"_ _5\"/>,05 USD pa<span class=\"_ _5\"/>r rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t \u00e0 2021 1EUR = 1,1<span class=\"_ _5\"/>8 USD)<span class=\"_ _d\"/>, sa<span class=\"_ _5\"/>ns \u00e9l\u00e9m<span class=\"_ _5\"/>ent mo<span class=\"_ _5\"/>n\u00e9ta<span class=\"_ _5\"/>ire mat\u00e9r<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>.</div>\n\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s inst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e couve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ure son<span class=\"_ _5\"/>t mis en pl<span class=\"_ _5\"/>ace pour s<span class=\"_ _5\"/>e prot\u00e9<span class=\"_ _5\"/>ger de ces r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ues<span class=\"_ _5\"/>.bpos<span class=\"_ _5\"/>t util<span class=\"_ _5\"/>ise de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e change \u00e0 te<span class=\"_ _5\"/>rme e<span class=\"_ _5\"/>t des con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de s<span class=\"_ _5\"/>wap de cha<span class=\"_ _5\"/>nge pour g<span class=\"_ _5\"/>\u00e9rer ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>aine<span class=\"_ _5\"/>s de se<span class=\"_ _5\"/>s exp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>ns en de<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8r<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ces co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts on<span class=\"_ _5\"/>t \u00e9t\u00e9 sou<span class=\"_ _5\"/>scr<span class=\"_ _5\"/>its af<span class=\"_ _5\"/>in de co<span class=\"_ _5\"/>uvr<span class=\"_ _5\"/>ir les r<span class=\"_ _5\"/>isque<span class=\"_ _5\"/>s de chan<span class=\"_ _5\"/>ge li\u00e9s au<span class=\"_ _5\"/>x pr\u00eat<span class=\"_ _5\"/>s inte<span class=\"_ _5\"/>rentr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises a<span class=\"_ _5\"/>ccord\u00e9<span class=\"_ _5\"/>s par bp<span class=\"_ _5\"/>ost \u00e0 s<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>iliales<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 2018, bp<span class=\"_ _5\"/>ost a co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ct\u00e9 un p<span class=\"_ _5\"/>r\u00eat ban<span class=\"_ _5\"/>cair<span class=\"_ _5\"/>e en USD, d\u2019une matu<span class=\"_ _5\"/>rit\u00e9 de 3 a<span class=\"_ _5\"/>ns, ave<span class=\"_ _5\"/>c deux e<span class=\"_ _5\"/>xt<span class=\"_ _5\"/>ensio<span class=\"_ _5\"/>ns pos<span class=\"_ _5\"/>sible<span class=\"_ _5\"/>s, cha<span class=\"_ _5\"/>cune d\u2019un an<span class=\"_ _5\"/>. Outr<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>\u00e9mi<span class=\"_ _5\"/>s-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sion o<span class=\"_ _5\"/>bliga<span class=\"_ _5\"/>taire, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t, do<span class=\"_ _5\"/>nt l\u2019EUR es<span class=\"_ _5\"/>t la de<span class=\"_ _5\"/>vise f<span class=\"_ _5\"/>onc<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elle, a em<span class=\"_ _5\"/>prun<span class=\"_ _5\"/>t\u00e9 en USD af<span class=\"_ _5\"/>in de re<span class=\"_ _5\"/>finan<span class=\"_ _5\"/>cer l\u2019acquis<span class=\"_ _5\"/>ition d<span class=\"_ _5\"/>e novemb<span class=\"_ _5\"/>re 201<span class=\"_ _1\"/>7 d<span class=\"_ _5\"/>e Radial</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Hold<span class=\"_ _5\"/>ings<span class=\"_ _5\"/>, LP<span class=\"_ _3b\"/>. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a empr<span class=\"_ _5\"/>unt\u00e9 une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie en USD p<span class=\"_ _5\"/>our r\u00e9<span class=\"_ _5\"/>duire le r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e diff\u00e9r<span class=\"_ _5\"/>ences d<span class=\"_ _5\"/>e change s<span class=\"_ _5\"/>ur les op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ions \u00e0 l\u2019\u00e9tr<span class=\"_ _5\"/>anger, et don<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9al<span class=\"_ _5\"/>is\u00e9 une co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e de son inv<span class=\"_ _5\"/>est<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t net<span class=\"_ _5\"/>. Par cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nt, la p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tion e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de<span class=\"_ _5\"/>s var<span class=\"_ _5\"/>iation<span class=\"_ _5\"/>s de la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur de l\u2019ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument de co<span class=\"_ _5\"/>u-</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>e dans le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal<span class=\"_ _5\"/>. Le mont<span class=\"_ _5\"/>ant not<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>l de la cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture s\u2019\u00e9lev<span class=\"_ _5\"/>ait \u00e0 143,0 mUS<span class=\"_ _5\"/>D, tandi<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que la v<span class=\"_ _5\"/>aleur co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>le conver<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e en Euros s\u2019\u00e9lev<span class=\"_ _5\"/>ait \u00e0 13<span class=\"_ _5\"/>4,1 m<span class=\"_ _5\"/>EUR. Au 31 d<span class=\"_ _5\"/>\u00e9cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2, la per<span class=\"_ _5\"/>te n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te sur la r\u00e9<span class=\"_ _5\"/>\u00e9valua<span class=\"_ _5\"/>tion du p<span class=\"_ _5\"/>r\u00eat en US<span class=\"_ _5\"/>D<span class=\"_ _d\"/>,</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e da<span class=\"_ _5\"/>ns les au<span class=\"_ _5\"/>tres \u00e9<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>nts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al et cumu<span class=\"_ _5\"/>l\u00e9 dans le<span class=\"_ _5\"/>s \u00e9car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s de conve<span class=\"_ _5\"/>rsi<span class=\"_ _5\"/>on de dev<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s, s'\u00e9leva<span class=\"_ _5\"/>it \u00e0 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>8 mEUR. En 2<span class=\"_ _5\"/>022, il</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u2019y a pa<span class=\"_ _5\"/>s eu de par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie non eff<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ace.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 642px; height: 200px; width: 88%; z-index: 5;\"><br/></div>\n\n\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau su<span class=\"_ _5\"/>ivant m<span class=\"_ _5\"/>ontre l<span class=\"_ _5\"/>a sens<span class=\"_ _5\"/>ibilit\u00e9 \u00e0 un c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent ra<span class=\"_ _5\"/>isonna<span class=\"_ _5\"/>ble du ta<span class=\"_ _5\"/>ux de cha<span class=\"_ _5\"/>nge USD, toute<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s res<span class=\"_ _5\"/>tant con<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ntes<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t de la var<span class=\"_ _5\"/>iatio<span class=\"_ _5\"/>n des USD s<span class=\"_ _5\"/>ur l\u2019EBI<span class=\"_ _5\"/>T et les c<span class=\"_ _5\"/>apita<span class=\"_ _5\"/>ux pro<span class=\"_ _5\"/>pres (apr<span class=\"_ _5\"/>\u00e8s consi<span class=\"_ _5\"/>d\u00e9r<span class=\"_ _5\"/>ation de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure d\u2019inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te) des f<span class=\"_ _5\"/>iliales e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>\u00e9riq<span class=\"_ _5\"/>ue du Nor<span class=\"_ _5\"/>d en 202<span class=\"_ _5\"/>2 repr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>te le ris<span class=\"_ _5\"/>que de conve<span class=\"_ _5\"/>rsi<span class=\"_ _5\"/>on. L<span class=\"_ _3b\"/>\u2019exp<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ion du gro<span class=\"_ _5\"/>upe au<span class=\"_ _5\"/>x varia<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e change d<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res de<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>s n\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st pa<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">mat\u00e9riel.</div>\n<div class=\"t m0 x7 hb y430 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ydcd ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _27a\"> </span><span class=\"ff7 ls0 ws0\">+5% U<span class=\"_ _5\"/>SD VS E<span class=\"_ _5\"/>UR<span class=\"_ _273\"> </span> \u2013 5% USD V<span class=\"_ _5\"/>S EUR</span></div>\n<div class=\"t m0 x7 hd ydce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ef<span class=\"_ _5\"/>fet su<span class=\"_ _5\"/>r EBIT<span class=\"_ _27b\"> </span><span class=\"ls2b ws2d\">(5,<span class=\"_ _5\"/>2)<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">5<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd ydcf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ef<span class=\"_ _5\"/>fet su<span class=\"_ _5\"/>r les ca<span class=\"_ _5\"/>pit<span class=\"_ _5\"/>aux pr<span class=\"_ _5\"/>opre<span class=\"_ _5\"/>s du gro<span class=\"_ _5\"/>upe<span class=\"_ _5\"/>, couve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ure d'in<span class=\"_ _5\"/>ves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent ne<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x7 hd ydd0 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">consid\u00e9r\u00e9e</div>\n<div class=\"t m0 xd8 hd ydd1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(26,<span class=\"_ _5\"/>2)<span class=\"_ _1de\"> </span><span class=\"ls1d ws1f\">28,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 445px; height: 187px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 hb y57 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Ris<span class=\"_ _5\"/>que du ta<span class=\"_ _5\"/>ux d\u2019int\u00e9r<span class=\"_ _5\"/>\u00eat</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t aus<span class=\"_ _5\"/>si dire<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>xpos<span class=\"_ _5\"/>\u00e9e au<span class=\"_ _5\"/>x flu<span class=\"_ _5\"/>ctuat<span class=\"_ _5\"/>ions du t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019int\u00e9r\u00ea<span class=\"_ _5\"/>t au trav<span class=\"_ _5\"/>ers de s<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>inance<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>ter<span class=\"_ _5\"/>nes<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t at<span class=\"_ _5\"/>t\u00e9nue ce<span class=\"_ _5\"/>pen<span class=\"_ _5\"/>dant ce</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ris<span class=\"_ _5\"/>que en a<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>ignant un \u00e9<span class=\"_ _5\"/>quilibr<span class=\"_ _5\"/>e entre l<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x fi<span class=\"_ _5\"/>xes et v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>les. A<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent, ce<span class=\"_ _5\"/>t \u00e9quil<span class=\"_ _5\"/>ibre re<span class=\"_ _5\"/>pose p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent sur de<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x fix<span class=\"_ _5\"/>es, ma<span class=\"_ _5\"/>is il</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>ut \u00e9volu<span class=\"_ _5\"/>er en fon<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de la si<span class=\"_ _5\"/>tuatio<span class=\"_ _5\"/>n du march<span class=\"_ _5\"/>\u00e9.</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Af<span class=\"_ _5\"/>in de g\u00e9<span class=\"_ _5\"/>rer la s<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>e du tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t de sa de<span class=\"_ _5\"/>tte, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t peu<span class=\"_ _5\"/>t utilis<span class=\"_ _5\"/>er des i<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure tel<span class=\"_ _5\"/>s que des s<span class=\"_ _5\"/>waps d<span class=\"_ _5\"/>e taux d'i<span class=\"_ _5\"/>nt\u00e9r\u00ea<span class=\"_ _5\"/>t.</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ute mod<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n subs<span class=\"_ _5\"/>tanti<span class=\"_ _5\"/>elle de la s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ure du ta<span class=\"_ _5\"/>ux req<span class=\"_ _5\"/>uier<span class=\"_ _5\"/>t la va<span class=\"_ _5\"/>lidatio<span class=\"_ _5\"/>n pr\u00e9ala<span class=\"_ _5\"/>ble du Com<span class=\"_ _5\"/>it\u00e9 Ex<span class=\"_ _5\"/>\u00e9cuti<span class=\"_ _5\"/>f du Grou<span class=\"_ _5\"/>pe.</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Fin 20<span class=\"_ _d\"/>22, le financemen<span class=\"_ _d\"/>t externe consistait en<span class=\"_ _d\"/>:</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>18<span class=\"_ _5\"/>5,0 mUSD de p<span class=\"_ _5\"/>r\u00eat \u00e0 te<span class=\"_ _5\"/>rme no<span class=\"_ _5\"/>n gara<span class=\"_ _5\"/>nti (tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t var<span class=\"_ _5\"/>iable). Ce pr\u00ea<span class=\"_ _5\"/>t a d\u00e9bu<span class=\"_ _5\"/>t\u00e9 le 3 juillet 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>18 ave<span class=\"_ _5\"/>c une \u00e9c<span class=\"_ _5\"/>h\u00e9ance d<span class=\"_ _5\"/>e 3 ans et a \u00e9<span class=\"_ _5\"/>t\u00e9 pro<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y62 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">long\u00e9 en 2020 jusqu\u2019en juillet 202<span class=\"_ _5\"/>3.</div>\n\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>65<span class=\"_ _5\"/>0,0 mEUR d'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>ns. L<span class=\"_ _1\"/>'oblig<span class=\"_ _5\"/>ation \u00e0 8 a<span class=\"_ _5\"/>ns a \u00e9t\u00e9 \u00e9m<span class=\"_ _5\"/>ise en ju<span class=\"_ _5\"/>illet 2018 ave<span class=\"_ _5\"/>c un coupo<span class=\"_ _5\"/>n de 1,<span class=\"_ _5\"/>25%<span class=\"_ _5\"/>. En pr\u00e9v<span class=\"_ _5\"/>ision d<span class=\"_ _5\"/>e cet<span class=\"_ _5\"/>te \u00e9mis<span class=\"_ _5\"/>sion, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x2a h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">a conc<span class=\"_ _5\"/>lu en f\u00e9v<span class=\"_ _5\"/>rier 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>18 un s<span class=\"_ _5\"/>wap de t<span class=\"_ _5\"/>aux d'int\u00e9<span class=\"_ _5\"/>r\u00eat \u00e0 ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur 10 ans ave<span class=\"_ _5\"/>c un mont<span class=\"_ _5\"/>ant nomi<span class=\"_ _5\"/>nal de 60<span class=\"_ _5\"/>0,0 m<span class=\"_ _5\"/>EUR. L<span class=\"_ _5\"/>a tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion a \u00e9<span class=\"_ _5\"/>t\u00e9 con<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>act\u00e9<span class=\"_ _5\"/>e af<span class=\"_ _5\"/>in de couv<span class=\"_ _5\"/>rir le r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t sur l'\u00e9miss<span class=\"_ _5\"/>ion env<span class=\"_ _5\"/>isag\u00e9<span class=\"_ _5\"/>e d'une obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n \u00e0 long ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur ref<span class=\"_ _5\"/>inance<span class=\"_ _5\"/>r le cr\u00e9<span class=\"_ _5\"/>dit-pon<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>ac-</div>\n<div class=\"t m0 x2a h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">quis<span class=\"_ _5\"/>ition co<span class=\"_ _5\"/>nclu en n<span class=\"_ _5\"/>ovembr<span class=\"_ _5\"/>e 201<span class=\"_ _1\"/>7 po<span class=\"_ _5\"/>ur l'acquisit<span class=\"_ _5\"/>ion de R<span class=\"_ _5\"/>adial. E<span class=\"_ _5\"/>n juillet 2018<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t a \u00e9mis un<span class=\"_ _5\"/>e oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e 650,<span class=\"_ _5\"/>0 mEUR \u00e0 8 ans<span class=\"_ _5\"/>. \u00c0 cet<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x2a h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">occ<span class=\"_ _5\"/>asion<span class=\"_ _5\"/>, le swa<span class=\"_ _5\"/>p de tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t a \u00e9t\u00e9 d\u00e9n<span class=\"_ _5\"/>ou\u00e9 et r<span class=\"_ _5\"/>\u00e9gl\u00e9 via u<span class=\"_ _5\"/>n paiem<span class=\"_ _5\"/>ent de 21,<span class=\"_ _5\"/>5 mEUR r<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>ti e<span class=\"_ _5\"/>ntre une p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie eff<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tive de 2<span class=\"_ _5\"/>0,0 mEUR et</div>\n<div class=\"t m0 x2a h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie ine<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tive d<span class=\"_ _5\"/>e 1,5 m<span class=\"_ _5\"/>EUR. L<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie in<span class=\"_ _5\"/>eff<span class=\"_ _5\"/>icace a \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at. L<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure</div>\n<div class=\"t m0 x2a h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de f<span class=\"_ _5\"/>lux de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>rer<span class=\"_ _5\"/>ie (20,0 mEUR) a \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dan<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res \u00e9<span class=\"_ _5\"/>l\u00e9men<span class=\"_ _5\"/>ts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at globa<span class=\"_ _5\"/>l (le mont<span class=\"_ _5\"/>ant ne<span class=\"_ _5\"/>t d'imp\u00f4t e<span class=\"_ _5\"/>st de 14,<span class=\"_ _5\"/>8 mEUR)</div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en t<span class=\"_ _5\"/>ant que r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure de f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e. Cet<span class=\"_ _5\"/>te couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ture de f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie es<span class=\"_ _5\"/>t recl<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9e en r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at au cour<span class=\"_ _5\"/>s des m\u00ea<span class=\"_ _5\"/>mes</div>\n<div class=\"t m0 x2a h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>es que le<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>erie d<span class=\"_ _5\"/>es obli<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>ns \u00e0 long te<span class=\"_ _5\"/>rme qui a<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tero<span class=\"_ _5\"/>nt le r\u00e9s<span class=\"_ _5\"/>ultat sur 8 a<span class=\"_ _5\"/>ns \u00e0 compte<span class=\"_ _5\"/>r de leur da<span class=\"_ _5\"/>te d'<span class=\"_ _d\"/>\u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>on. En</div>\n<div class=\"t m0 x2a h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2, un mon<span class=\"_ _5\"/>tant ne<span class=\"_ _5\"/>t de 1,<span class=\"_ _5\"/>9 mEUR a \u00e9t\u00e9 re<span class=\"_ _5\"/>clas<span class=\"_ _5\"/>s\u00e9 dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 72px; height: 155px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 72px; height: 980px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 72px; height: 1010px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau ci<span class=\"_ _5\"/>-d<span class=\"_ _5\"/>es<span class=\"_ _5\"/>sous ill<span class=\"_ _5\"/>ustr<span class=\"_ _5\"/>e l'impac<span class=\"_ _5\"/>t d'une va<span class=\"_ _5\"/>riatio<span class=\"_ _5\"/>n des t<span class=\"_ _5\"/>aux d'int\u00e9<span class=\"_ _5\"/>r\u00eat de 5<span class=\"_ _5\"/>0 bps (de 1 % \u00e0 1,<span class=\"_ _5\"/>5 % par e<span class=\"_ _5\"/>xemple) sur l<span class=\"_ _5\"/>a det<span class=\"_ _5\"/>te exp<span class=\"_ _5\"/>os\u00e9<span class=\"_ _5\"/>e aux ta<span class=\"_ _5\"/>ux</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>c'es<span class=\"_ _5\"/>t-\u00e0-<span class=\"_ _5\"/>dire l\u2019empr<span class=\"_ _5\"/>unt \u00e0 ter<span class=\"_ _5\"/>me en USD). L<span class=\"_ _3b\"/>\u2019i<span class=\"_ _5\"/>nt\u00e9r\u00eat e<span class=\"_ _5\"/>st c<span class=\"_ _5\"/>alcul\u00e9 e<span class=\"_ _5\"/>n tant qu\u2019<span class=\"_ _5\"/>Eurib<span class=\"_ _5\"/>or<span class=\"_ _d\"/>/USD L<span class=\"_ _5\"/>ibor a<span class=\"_ _5\"/>uquel o<span class=\"_ _5\"/>n ajoute l<span class=\"_ _5\"/>a marge. L<span class=\"_ _5\"/>a marge \u00e9<span class=\"_ _5\"/>tant</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>\u00e9e dans l<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at, l'analy<span class=\"_ _5\"/>se de se<span class=\"_ _5\"/>nsibi<span class=\"_ _5\"/>lit\u00e9 ne s'appli<span class=\"_ _5\"/>que qu\u2019\u00e0 l\u2019Eur<span class=\"_ _5\"/>ibor/USD Li<span class=\"_ _5\"/>bor<span class=\"_ _d\"/>, r\u00e9<span class=\"_ _5\"/>put\u00e9 \u201c<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x de bas<span class=\"_ _5\"/>e\u201d<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x7 hb y84 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ydd2 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _b5\"> </span><span class=\"ff7\">S<span class=\"_ _5\"/>ENS<span class=\"_ _5\"/>IB<span class=\"_ _5\"/>ILIT<span class=\"_ _5\"/>\u00c9 \u00c0 UN MO<span class=\"_ _5\"/>UV<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT DE  \u2013 5<span class=\"_ _5\"/>0 BPS D<span class=\"_ _5\"/>ES TAU<span class=\"_ _5\"/>X D'IN<span class=\"_ _5\"/>T\u00c9R<span class=\"_ _5\"/>\u00caT </span></div>\n<div class=\"t m0 x5f hc ydd3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DU M<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>CH\u00c9</div>\n<div class=\"t m0 x12 hc ydd2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SE<span class=\"_ _5\"/>NSI<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IT\u00c9 \u00c0 UN M<span class=\"_ _5\"/>OU<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>MENT D<span class=\"_ _5\"/>E +50 B<span class=\"_ _5\"/>PS D<span class=\"_ _5\"/>ES TAUX D<span class=\"_ _5\"/>'INT<span class=\"_ _5\"/>\u00c9R\u00ca<span class=\"_ _5\"/>T DU</div>\n<div class=\"t m0 x109 hc ydd3 ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">MARCH\u00c9</div>\n<div class=\"t m0 x7 hd ydd4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act s<span class=\"_ _5\"/>ur les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s<span class=\"_ _5b\"> </span>(0,<span class=\"_ _5\"/>8)<span class=\"_ _27c\"> </span><span class=\"ls18 ws1a\">0,8</span></div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s de bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>ont aus<span class=\"_ _5\"/>si inf<span class=\"_ _5\"/>luen<span class=\"_ _5\"/>c\u00e9s par l\u2019\u00e9volu<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on utili<span class=\"_ _5\"/>s\u00e9s p<span class=\"_ _5\"/>our d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>er l\u2019<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>on li\u00e9<span class=\"_ _5\"/>e aux</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">avan<span class=\"_ _5\"/>tages a<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el. Au 31 d<span class=\"_ _5\"/>\u00e9cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2, une aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e 50 bps d<span class=\"_ _5\"/>es ta<span class=\"_ _5\"/>ux d\u2019act<span class=\"_ _5\"/>ualisat<span class=\"_ _5\"/>ion moy<span class=\"_ _5\"/>ens g\u00e9n<span class=\"_ _5\"/>\u00e9rer<span class=\"_ _5\"/>ait une di<span class=\"_ _5\"/>minuti<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res de 1<span class=\"_ _5\"/>2,8 m<span class=\"_ _5\"/>EUR. Une d<span class=\"_ _5\"/>iminut<span class=\"_ _5\"/>ion de 50 b<span class=\"_ _5\"/>ps des t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion moy<span class=\"_ _5\"/>ens aug<span class=\"_ _5\"/>menter<span class=\"_ _5\"/>ait la ch<span class=\"_ _5\"/>arge f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>i\u00e8re de</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">13<span class=\"_ _5\"/>,9 mEUR<span class=\"_ _5\"/>. Pour p<span class=\"_ _5\"/>lus de d\u00e9<span class=\"_ _5\"/>tail<span class=\"_ _5\"/>s, voir n<span class=\"_ _5\"/>ote 6.<span class=\"_ _5\"/>26 Avant<span class=\"_ _5\"/>ages au p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l.</div>\n<div class=\"t m0 x5 hb y7 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res ris<span class=\"_ _5\"/>ques li<span class=\"_ _5\"/>\u00e9s au march<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>robab<span class=\"_ _5\"/>ilit\u00e9 d\u2019une int<span class=\"_ _5\"/>err<span class=\"_ _5\"/>uptio<span class=\"_ _5\"/>n prolo<span class=\"_ _5\"/>ng\u00e9e de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivit<span class=\"_ _5\"/>\u00e9s due \u00e0 de<span class=\"_ _5\"/>s ph\u00e9<span class=\"_ _5\"/>nom\u00e8<span class=\"_ _5\"/>nes nat<span class=\"_ _5\"/>urel<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tr\u00eam<span class=\"_ _5\"/>es (par e<span class=\"_ _5\"/>xemple u<span class=\"_ _5\"/>n incend<span class=\"_ _5\"/>ie, une in<span class=\"_ _5\"/>ondat<span class=\"_ _5\"/>ion,</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une te<span class=\"_ _5\"/>mp\u00eate<span class=\"_ _5\"/>, une pan<span class=\"_ _5\"/>d\u00e9mie, u<span class=\"_ _5\"/>ne augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s prob<span class=\"_ _5\"/>l\u00e8me<span class=\"_ _5\"/>s de sant\u00e9 d<span class=\"_ _5\"/>es colla<span class=\"_ _5\"/>bor<span class=\"_ _5\"/>ateurs e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de la p<span class=\"_ _5\"/>ollut<span class=\"_ _5\"/>ion) est d<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>e plus imp<span class=\"_ _5\"/>or-</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>te. bpo<span class=\"_ _5\"/>st s\u2019effor<span class=\"_ _5\"/>ce de pr\u00e9ve<span class=\"_ _5\"/>nir<span class=\"_ _d\"/>, dan<span class=\"_ _5\"/>s la mesu<span class=\"_ _5\"/>re du pos<span class=\"_ _5\"/>sible<span class=\"_ _5\"/>, les dom<span class=\"_ _5\"/>mages a<span class=\"_ _5\"/>ux b\u00e2tim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et les i<span class=\"_ _5\"/>nterr<span class=\"_ _5\"/>upti<span class=\"_ _5\"/>ons d\u2019expl<span class=\"_ _5\"/>oitat<span class=\"_ _5\"/>ion par le b<span class=\"_ _5\"/>iais de</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pro<span class=\"_ _5\"/>gramm<span class=\"_ _5\"/>es de p<span class=\"_ _5\"/>r\u00e9vent<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ur<span class=\"_ _5\"/>gence. L<span class=\"_ _5\"/>es cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nces n\u00e9<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>ves de ce<span class=\"_ _5\"/>s ris<span class=\"_ _5\"/>ques s<span class=\"_ _5\"/>ont couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes par d<span class=\"_ _5\"/>es pol<span class=\"_ _5\"/>ices d'as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce. bpo<span class=\"_ _5\"/>stg<span class=\"_ _5\"/>roup</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">a effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>u\u00e9 une \u00e9v<span class=\"_ _5\"/>aluati<span class=\"_ _5\"/>on des r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es clima<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s physi<span class=\"_ _5\"/>ques da<span class=\"_ _5\"/>ns le cad<span class=\"_ _5\"/>re des e<span class=\"_ _5\"/>xigen<span class=\"_ _5\"/>ces de la t<span class=\"_ _5\"/>axin<span class=\"_ _5\"/>omie de l'U<span class=\"_ _5\"/>E sur se<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns belg<span class=\"_ _5\"/>es,</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">af<span class=\"_ _5\"/>in d'\u00e9value<span class=\"_ _5\"/>r les \u00e9v\u00e9<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nts m<span class=\"_ _5\"/>\u00e9t\u00e9o<span class=\"_ _5\"/>rolog<span class=\"_ _5\"/>iques e<span class=\"_ _5\"/>xt<span class=\"_ _5\"/>r\u00eame<span class=\"_ _5\"/>s chro<span class=\"_ _5\"/>nique<span class=\"_ _5\"/>s et aigus r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ant du cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nt climat<span class=\"_ _5\"/>ique. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a mis en pla<span class=\"_ _5\"/>ce des</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">plan<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>at<span class=\"_ _5\"/>t\u00e9nua<span class=\"_ _5\"/>tion p<span class=\"_ _5\"/>our les r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es les p<span class=\"_ _5\"/>lus sus<span class=\"_ _5\"/>ceptib<span class=\"_ _5\"/>les d'augm<span class=\"_ _5\"/>enter a<span class=\"_ _5\"/>u cours de<span class=\"_ _5\"/>s 20 \u00e0 30 p<span class=\"_ _5\"/>rochai<span class=\"_ _5\"/>nes ann<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on du cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clima<span class=\"_ _5\"/>tique s<span class=\"_ _5\"/>elon le s<span class=\"_ _5\"/>c\u00e9nar<span class=\"_ _5\"/>io \u201cBus<span class=\"_ _5\"/>ines<span class=\"_ _5\"/>s As U<span class=\"_ _5\"/>sual\u201d (sc\u00e9<span class=\"_ _5\"/>nario d<span class=\"_ _5\"/>u pire du GI<span class=\"_ _5\"/>EC)<span class=\"_ _d\"/>, not<span class=\"_ _5\"/>amme<span class=\"_ _5\"/>nt les va<span class=\"_ _5\"/>gues d<span class=\"_ _5\"/>e chaleu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>, le<span class=\"_ _5\"/>s incen<span class=\"_ _5\"/>dies de f<span class=\"_ _5\"/>or\u00eat<span class=\"_ _5\"/>, les fo<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00e9<span class=\"_ _5\"/>cipit<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s inonda<span class=\"_ _5\"/>tions c\u00f4<span class=\"_ _5\"/>ti\u00e8re<span class=\"_ _5\"/>s et f<span class=\"_ _5\"/>luvia<span class=\"_ _5\"/>les et le<span class=\"_ _5\"/>s glis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de terr<span class=\"_ _5\"/>ain. En o<span class=\"_ _5\"/>utre, l<span class=\"_ _5\"/>a str<span class=\"_ _5\"/>at\u00e9gi<span class=\"_ _5\"/>e de dura<span class=\"_ _5\"/>bilit\u00e9 de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t compre<span class=\"_ _5\"/>nd des</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs am<span class=\"_ _5\"/>bitie<span class=\"_ _5\"/>ux de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>es \u00e9mis<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>s de gaz \u00e0 e<span class=\"_ _5\"/>ffet de s<span class=\"_ _5\"/>err<span class=\"_ _5\"/>e (\u201cGES\u201d). b<span class=\"_ _5\"/>post s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ngage \u00e0 f<span class=\"_ _5\"/>aire pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie des a<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>urs le<span class=\"_ _5\"/>s plus ver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s dans</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les p<span class=\"_ _5\"/>ays o\u00f9 elle o<span class=\"_ _5\"/>p\u00e8re e<span class=\"_ _5\"/>n pour<span class=\"_ _5\"/>suiv<span class=\"_ _5\"/>ant son o<span class=\"_ _5\"/>bjec<span class=\"_ _5\"/>tif d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>at<span class=\"_ _5\"/>teindr<span class=\"_ _5\"/>e des \u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>ons net<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s nulles d'ic<span class=\"_ _5\"/>i 204<span class=\"_ _5\"/>0 et de r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>e les \u00e9mi<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns de se<span class=\"_ _5\"/>s prop<span class=\"_ _5\"/>res</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ions de 5<span class=\"_ _5\"/>5% d'ici 203<span class=\"_ _5\"/>0 par ra<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t \u00e0 2019 (conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment \u00e0 l<span class=\"_ _5\"/>a traje<span class=\"_ _5\"/>cto<span class=\"_ _5\"/>ire SBT<span class=\"_ _5\"/>i 1,5<span class=\"_ _5\"/>\u00b0C). bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>time q<span class=\"_ _5\"/>ue ces di<span class=\"_ _5\"/>vers<span class=\"_ _5\"/>es init<span class=\"_ _5\"/>iative<span class=\"_ _5\"/>s ver<span class=\"_ _5\"/>tes</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>eront \u00e0 l'effo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>t mondia<span class=\"_ _5\"/>l visa<span class=\"_ _5\"/>nt \u00e0 r\u00e9du<span class=\"_ _5\"/>ire le chan<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t climati<span class=\"_ _5\"/>que et l'appa<span class=\"_ _5\"/>riti<span class=\"_ _5\"/>on de ph<span class=\"_ _5\"/>\u00e9nom<span class=\"_ _5\"/>\u00e8nes na<span class=\"_ _5\"/>turel<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tr\u00ea<span class=\"_ _5\"/>mes<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Out<span class=\"_ _5\"/>re l\u2019augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on de la fr<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nce des c<span class=\"_ _5\"/>atas<span class=\"_ _5\"/>tro<span class=\"_ _5\"/>phes n<span class=\"_ _5\"/>aturell<span class=\"_ _5\"/>es et de<span class=\"_ _5\"/>s prob<span class=\"_ _5\"/>l\u00e8me<span class=\"_ _5\"/>s de sant<span class=\"_ _5\"/>\u00e9, qui so<span class=\"_ _5\"/>nt ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>s au chang<span class=\"_ _5\"/>ement c<span class=\"_ _5\"/>limati<span class=\"_ _5\"/>que et</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qui p<span class=\"_ _5\"/>ourr<span class=\"_ _5\"/>aient a<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>ter nos o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s, on s\u2019at<span class=\"_ _5\"/>tend aus<span class=\"_ _5\"/>si \u00e0 ce qu<span class=\"_ _5\"/>e les ta<span class=\"_ _5\"/>xes ca<span class=\"_ _5\"/>rbo<span class=\"_ _5\"/>ne, les s<span class=\"_ _5\"/>ys<span class=\"_ _5\"/>t\u00e8me<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>\u00e9c<span class=\"_ _5\"/>hange de qu<span class=\"_ _5\"/>otas d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ion et le<span class=\"_ _5\"/>s tax<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur le<span class=\"_ _5\"/>s car<span class=\"_ _5\"/>bura<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>oient p<span class=\"_ _5\"/>r\u00e9do<span class=\"_ _5\"/>minant<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s r\u00e9gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns \u00e0 venir, alors q<span class=\"_ _5\"/>ue l\u2019<span class=\"_ _d\"/>on co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>ate une hau<span class=\"_ _5\"/>sse s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>ive du pr<span class=\"_ _5\"/>ix du SEQE d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'UE de<span class=\"_ _5\"/>puis l\u2019autom<span class=\"_ _5\"/>ne 2021. L<span class=\"_ _5\"/>e pri<span class=\"_ _5\"/>x moyen du c<span class=\"_ _5\"/>arb<span class=\"_ _5\"/>one es<span class=\"_ _5\"/>t sus<span class=\"_ _5\"/>ceptib<span class=\"_ _5\"/>le d'augmen<span class=\"_ _5\"/>ter jus<span class=\"_ _5\"/>qu\u2019\u00e0 attei<span class=\"_ _5\"/>ndre 10<span class=\"_ _5\"/>0 \u00e0 120 EUR par to<span class=\"_ _5\"/>nne m\u00e9<span class=\"_ _5\"/>triq<span class=\"_ _5\"/>ue d'ici</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">203<span class=\"_ _5\"/>0. En outr<span class=\"_ _5\"/>e, l'UE pr\u00e9<span class=\"_ _5\"/>voit \u00e9g<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt d'inclu<span class=\"_ _5\"/>re le se<span class=\"_ _5\"/>cteu<span class=\"_ _5\"/>r des tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>ans le SEQE de l'<span class=\"_ _5\"/>UE, ce qui au<span class=\"_ _5\"/>ra un impa<span class=\"_ _5\"/>ct pl<span class=\"_ _5\"/>us direc<span class=\"_ _5\"/>t sur n<span class=\"_ _5\"/>os co\u00fbt<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">not<span class=\"_ _5\"/>ammen<span class=\"_ _5\"/>t en ce qui con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>e les car<span class=\"_ _5\"/>bur<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s \u00e0 par<span class=\"_ _5\"/>tir de 20<span class=\"_ _5\"/>27<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les e<span class=\"_ _5\"/>ffet<span class=\"_ _5\"/>s de la ha<span class=\"_ _5\"/>uss<span class=\"_ _5\"/>e des pr<span class=\"_ _5\"/>ix du c<span class=\"_ _5\"/>arbo<span class=\"_ _5\"/>ne sur le<span class=\"_ _5\"/>s entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses s<span class=\"_ _5\"/>eront \u00e0 l<span class=\"_ _5\"/>a fois dy<span class=\"_ _5\"/>namiqu<span class=\"_ _5\"/>es et com<span class=\"_ _5\"/>plexe<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ls7 ws8\">Les co\u00fb<span class=\"_ _d\"/>t<span class=\"_ _5\"/>s<span class=\"_ _d\"/> des entreprises augment<span class=\"_ _d\"/>eront proportionnellement<span class=\"_ _d\"/> aux \u00e9missions<span class=\"_ _d\"/> totales<span class=\"_ _d\"/> qu'<span class=\"_ _d\"/>elles g<span class=\"_ _d\"/>\u00e9n\u00e8rent et \u00e9v<span class=\"_ _d\"/>entuellement<span class=\"_ _d\"/> \u00e0 cell<span class=\"_ _d\"/>es de leu<span class=\"_ _d\"/>rs </span></div>\n<div class=\"t m0 x2a h8 y56 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">fourni<span class=\"_ _5\"/>sseur<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les p<span class=\"_ _5\"/>rix d<span class=\"_ _5\"/>e vente so<span class=\"_ _5\"/>nt susce<span class=\"_ _5\"/>ptib<span class=\"_ _5\"/>les d'augme<span class=\"_ _5\"/>nter en v<span class=\"_ _5\"/>ue de com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>er les a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>ns de co\u00fb<span class=\"_ _5\"/>ts au n<span class=\"_ _5\"/>iveau du s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>teur.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>La d<span class=\"_ _5\"/>emand<span class=\"_ _5\"/>e peut d<span class=\"_ _5\"/>iminuer e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de la s<span class=\"_ _5\"/>ensib<span class=\"_ _5\"/>ilit\u00e9 de<span class=\"_ _5\"/>s client<span class=\"_ _5\"/>s au<span class=\"_ _5\"/>x prix s<span class=\"_ _5\"/>ur chaqu<span class=\"_ _5\"/>e march<span class=\"_ _5\"/>\u00e9 affec<span class=\"_ _5\"/>t\u00e9, ce qui r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>ait les v<span class=\"_ _5\"/>entes e<span class=\"_ _5\"/>t les co\u00fb<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x2a h8 y59 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">des en<span class=\"_ _d\"/>treprises.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st sur<span class=\"_ _5\"/>ve<span class=\"_ _5\"/>ille le ri<span class=\"_ _5\"/>sque li<span class=\"_ _5\"/>\u00e9 au pri<span class=\"_ _5\"/>x du car<span class=\"_ _5\"/>bon<span class=\"_ _5\"/>e et pre<span class=\"_ _5\"/>nd des m<span class=\"_ _5\"/>esure<span class=\"_ _5\"/>s pour r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>e son em<span class=\"_ _5\"/>preinte c<span class=\"_ _5\"/>arb<span class=\"_ _5\"/>one dan<span class=\"_ _5\"/>s le cadr<span class=\"_ _5\"/>e de la st<span class=\"_ _5\"/>rat\u00e9<span class=\"_ _5\"/>gie de</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur<span class=\"_ _5\"/>abilit\u00e9 du g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e. En int\u00e9g<span class=\"_ _5\"/>rant le<span class=\"_ _5\"/>s pr\u00e9v<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>s quant au pr<span class=\"_ _5\"/>ix du c<span class=\"_ _5\"/>arbo<span class=\"_ _5\"/>ne et le<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x intern<span class=\"_ _5\"/>es es<span class=\"_ _5\"/>tim<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r le car<span class=\"_ _5\"/>bone<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t peu<span class=\"_ _5\"/>t antici<span class=\"_ _5\"/>per le</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">co\u00fbt d<span class=\"_ _5\"/>e l'intensi<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es r\u00e9g<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>ns en mat<span class=\"_ _5\"/>i\u00e8re d<span class=\"_ _5\"/>e carb<span class=\"_ _5\"/>one e<span class=\"_ _5\"/>t s'<span class=\"_ _d\"/>adap<span class=\"_ _5\"/>ter aux a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s d'une \u00e9co<span class=\"_ _5\"/>nomie \u00e0 f<span class=\"_ _5\"/>aible \u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>on en ca<span class=\"_ _5\"/>rbo<span class=\"_ _5\"/>ne.</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Out<span class=\"_ _5\"/>re les p<span class=\"_ _5\"/>r\u00e9vis<span class=\"_ _5\"/>ions qua<span class=\"_ _5\"/>nt \u00e0 la tar<span class=\"_ _5\"/>if<span class=\"_ _5\"/>icati<span class=\"_ _5\"/>on du car<span class=\"_ _5\"/>bon<span class=\"_ _5\"/>e, bpo<span class=\"_ _5\"/>st s'effor<span class=\"_ _5\"/>ce \u00e9gale<span class=\"_ _5\"/>ment de r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>e eff<span class=\"_ _5\"/>icace<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>es \u00e9mi<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns. Co<span class=\"_ _5\"/>nscie<span class=\"_ _5\"/>nte de l'im<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pac<span class=\"_ _5\"/>t \u00e9col<span class=\"_ _5\"/>ogique i<span class=\"_ _5\"/>nduit pa<span class=\"_ _5\"/>r la crois<span class=\"_ _5\"/>san<span class=\"_ _5\"/>ce de la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n des col<span class=\"_ _5\"/>is, bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st f<span class=\"_ _5\"/>ix\u00e9 po<span class=\"_ _5\"/>ur obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if en ter<span class=\"_ _5\"/>mes de r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des \u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>ons de CO2</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de dimi<span class=\"_ _5\"/>nuer de 5<span class=\"_ _5\"/>5% les \u00e9<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ions \u00e9m<span class=\"_ _5\"/>anant de<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns prop<span class=\"_ _5\"/>res \u00e0 l'ens<span class=\"_ _5\"/>emble d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>tgr<span class=\"_ _5\"/>oup d'ici 20<span class=\"_ _5\"/>30, par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>t \u00e0 20<span class=\"_ _d\"/>19 (conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 la tr<span class=\"_ _5\"/>ajec<span class=\"_ _5\"/>toire d<span class=\"_ _5\"/>e 1,<span class=\"_ _5\"/>5 degr\u00e9 C<span class=\"_ _5\"/>elsi<span class=\"_ _5\"/>us de la Sc<span class=\"_ _5\"/>ience<span class=\"_ _5\"/>-<span class=\"_ _5\"/>Base<span class=\"_ _5\"/>d T<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>get<span class=\"_ _5\"/>s Initiat<span class=\"_ _5\"/>ive et a<span class=\"_ _5\"/>ux obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs cli<span class=\"_ _5\"/>matiqu<span class=\"_ _5\"/>es de l'Accord de P<span class=\"_ _5\"/>aris). Pour at<span class=\"_ _5\"/>tein<span class=\"_ _5\"/>dre cet</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if, bpos<span class=\"_ _5\"/>t pas<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>a, ent<span class=\"_ _5\"/>re autr<span class=\"_ _5\"/>es, \u00e0 d<span class=\"_ _5\"/>es ca<span class=\"_ _5\"/>mionne<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s 100<span class=\"_ _5\"/>% \u00e9lec<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>iques (<span class=\"_ _5\"/>peti<span class=\"_ _5\"/>tes, m<span class=\"_ _5\"/>oyenn<span class=\"_ _5\"/>es et gr<span class=\"_ _5\"/>ande<span class=\"_ _5\"/>s) d'ici 203<span class=\"_ _5\"/>0.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 237px; height: 845px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 237px; height: 845px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Risque de cr<span class=\"_ _d\"/>\u00e9dit</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>e aux r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es de cr\u00e9<span class=\"_ _5\"/>dit dan<span class=\"_ _5\"/>s ses ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>vit\u00e9s o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle<span class=\"_ _5\"/>s, dans l<span class=\"_ _5\"/>e placem<span class=\"_ _5\"/>ent et l<span class=\"_ _5\"/>a gest<span class=\"_ _5\"/>ion de s<span class=\"_ _5\"/>es liqu<span class=\"_ _5\"/>idit\u00e9s (b<span class=\"_ _5\"/>anca<span class=\"_ _5\"/>ires).</div>\n<div class=\"t m0 x7 hb y84 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ydd2 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ydd5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>t \u00e9qu<span class=\"_ _5\"/>ivale<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>e<span class=\"_ _27d\"> </span><span class=\"ls14 ws16\">1.051,0<span class=\"_ _130\"> </span><span class=\"ls12 ws14\">9<span class=\"_ _2\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd ydd6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales et autres cr\u00e9ances<span class=\"_ _27e\"> </span><span class=\"ls0 ws0\">871,<span class=\"_ _5\"/>0<span class=\"_ _134\"> </span><span class=\"ls18 ws1a\">8<span class=\"_ _5\"/>30,2</span></span></div>\n<div class=\"t m0 x7 hd ydd7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res c<span class=\"_ _5\"/>r\u00e9an<span class=\"_ _5\"/>ces ex<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>\u00e9es \u00e0 u<span class=\"_ _5\"/>n ris<span class=\"_ _5\"/>que de c<span class=\"_ _5\"/>r\u00e9di<span class=\"_ _5\"/>t<span class=\"_ _5e\"> </span><span class=\"lsbc ws51\">41,<span class=\"_ _5\"/>4<span class=\"_ _1d7\"> </span><span class=\"ls12 ws14\">7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4</span></span></div>\n<div class=\"t m0 x7 h35 ydd8 ff8 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Do<span class=\"_ _5\"/>nt pr\u00eat \u00e0 un<span class=\"_ _5\"/>e entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>se ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e<span class=\"_ _27f\" style=\"margin-left: -39px;\"> </span><span class=\"ff4 ls18 ws1a\">0,0<span class=\"_ _1de\"> </span><span class=\"ls7 ws8\">25,0</span></span></div>\n<div class=\"t m0 x7 hf ydd9 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ACTIF<span class=\"_ _d\"/>S FINANCIERS: RISQUE DE CREDIT</div>\n<div class=\"t m0 x27 h1b ydda ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">1.96<span class=\"_ _5\"/>3,3<span class=\"_ _e2\"> </span><span class=\"ls14 ws16\">1<span class=\"_ _5\"/>.84<span class=\"_ _5\"/>0,0</span></div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 11 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2019, bpos<span class=\"_ _5\"/>t a accord<span class=\"_ _5\"/>\u00e9 \u00e0 bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que un emp<span class=\"_ _5\"/>runt su<span class=\"_ _5\"/>bord<span class=\"_ _5\"/>onn\u00e9 s\u2019\u00e9lev<span class=\"_ _5\"/>ant \u00e0 25<span class=\"_ _5\"/>,0 mEUR<span class=\"_ _5\"/>, dont la ma<span class=\"_ _5\"/>turit\u00e9 e<span class=\"_ _5\"/>st de 10 a<span class=\"_ _5\"/>ns et ave<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une p<span class=\"_ _5\"/>remi\u00e8<span class=\"_ _5\"/>re date d\u2019exerc<span class=\"_ _5\"/>ice de l\u2019optio<span class=\"_ _5\"/>n de rac<span class=\"_ _5\"/>hat apr\u00e8<span class=\"_ _5\"/>s 5 ans<span class=\"_ _5\"/>. En tant qu<span class=\"_ _5\"/>e telle, ce<span class=\"_ _5\"/>tte de<span class=\"_ _5\"/>tte s<span class=\"_ _5\"/>e clas<span class=\"_ _5\"/>se ap<span class=\"_ _5\"/>r\u00e8s le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dev<span class=\"_ _5\"/>ait tomb<span class=\"_ _5\"/>er en li<span class=\"_ _5\"/>quidati<span class=\"_ _5\"/>on ou en f<span class=\"_ _5\"/>aillite. C<span class=\"_ _5\"/>et emp<span class=\"_ _5\"/>runt a \u00e9<span class=\"_ _5\"/>t\u00e9 remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>\u00e9 le 3 janvie<span class=\"_ _5\"/>r 2022<span class=\"_ _5\"/>, para<span class=\"_ _5\"/>ll\u00e8lem<span class=\"_ _5\"/>ent \u00e0 la f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n par</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">laqu<span class=\"_ _5\"/>elle BN<span class=\"_ _5\"/>PPF a acquis l<span class=\"_ _5\"/>es 50<span class=\"_ _5\"/>% de par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cipati<span class=\"_ _5\"/>ons de bp<span class=\"_ _5\"/>ost da<span class=\"_ _5\"/>ns bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que.</div>\n<div class=\"t m0 x5 hb y9 ff7 fs6 fc3 sc0 ls1e wsd6\" style=\"z-index: 15;\">Activit\u00e9s op\u00e9rationnelles</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e cr\u00e9di<span class=\"_ _5\"/>t ne conce<span class=\"_ _5\"/>rne pa<span class=\"_ _5\"/>r d\u00e9f<span class=\"_ _5\"/>initio<span class=\"_ _5\"/>n que la par<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t qui ne so<span class=\"_ _5\"/>nt pas pay\u00e9<span class=\"_ _5\"/>es \u201cau comp<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>\u201d<span class=\"_ _d\"/>. bpo<span class=\"_ _5\"/>st S<span class=\"_ _5\"/>A g\u00e8re de ma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ni\u00e8r<span class=\"_ _5\"/>e ac<span class=\"_ _5\"/>tive so<span class=\"_ _5\"/>n exp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on au ri<span class=\"_ _5\"/>sque de c<span class=\"_ _5\"/>r\u00e9dit e<span class=\"_ _5\"/>n analy<span class=\"_ _5\"/>sant la s<span class=\"_ _5\"/>olva<span class=\"_ _5\"/>bilit\u00e9 de s<span class=\"_ _5\"/>es cli<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s. Cel<span class=\"_ _5\"/>a se tr<span class=\"_ _5\"/>aduit pa<span class=\"_ _5\"/>r un clas<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent cr\u00e9<span class=\"_ _5\"/>dit et un<span class=\"_ _5\"/>e limite</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de cr<span class=\"_ _5\"/>\u00e9dit<span class=\"_ _5\"/>.</div>\n\n<div/>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st S<span class=\"_ _5\"/>A compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e sur toute<span class=\"_ _5\"/>s ses c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s une prov<span class=\"_ _5\"/>ision p<span class=\"_ _5\"/>our pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues ba<span class=\"_ _5\"/>s\u00e9e s<span class=\"_ _5\"/>ur le mod<span class=\"_ _5\"/>\u00e8le de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>es sur la d<span class=\"_ _5\"/>ur\u00e9e de v<span class=\"_ _5\"/>ie. Etan<span class=\"_ _5\"/>t donn\u00e9 q<span class=\"_ _5\"/>ue les cr<span class=\"_ _5\"/>\u00e9ances co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ciales n<span class=\"_ _5\"/>e contie<span class=\"_ _5\"/>nnent p<span class=\"_ _5\"/>as de comp<span class=\"_ _5\"/>osan<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>\u00e8res si<span class=\"_ _5\"/>gnif<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>es, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a opt\u00e9 po<span class=\"_ _5\"/>ur l\u2019<span class=\"_ _d\"/>app<span class=\"_ _5\"/>roch<span class=\"_ _5\"/>e simplif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>e pour c<span class=\"_ _5\"/>alcule<span class=\"_ _5\"/>r le taux p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e credi<span class=\"_ _5\"/>t atte<span class=\"_ _5\"/>ndue gr<span class=\"_ _5\"/>\u00e2ce \u00e0 l\u2019util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on d\u2019une mat<span class=\"_ _5\"/>rice, b<span class=\"_ _5\"/>as\u00e9<span class=\"_ _5\"/>e sur les</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tau<span class=\"_ _5\"/>x his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ues de d\u00e9<span class=\"_ _5\"/>faut a<span class=\"_ _5\"/>dapt\u00e9<span class=\"_ _5\"/>s aux info<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>ions ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lles et p<span class=\"_ _5\"/>rosp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau su<span class=\"_ _5\"/>ivant p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nte les m<span class=\"_ _5\"/>ouvem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de prov<span class=\"_ _5\"/>ision p<span class=\"_ _5\"/>our pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues :</div>\n<div class=\"t m0 x7 hc yddb ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hf yddc ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yddd ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yddc ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER</div>\n<div class=\"t m0 x170 h1b ydde ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">22,0<span class=\"_ _1f5\"> </span>2<span class=\"_ _5\"/>4,8</div>\n<div class=\"t m0 x7 hd yddf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s de val<span class=\"_ _5\"/>eur<span class=\"_ _5\"/>: dotat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s via reg<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s d'entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses</div>\n<div class=\"t m0 x108 hd yde0 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,8<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>5)</span></div>\n<div class=\"t m0 x7 hd yde1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: dotation<span class=\"_ _25a\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>9<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">1,7</span></span></div>\n<div class=\"t m0 x7 hd yde2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: utilisation<span class=\"_ _168\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>)<span class=\"_ _23\"> </span>(1,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x7 hd yde3 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: repris<span class=\"_ _5\"/>e<span class=\"_ _112\"> </span><span class=\"ls42 ws4c\">(2,7)<span class=\"_ _1e2\"> </span><span class=\"ls0 ws0\">(2,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7 hd yde4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: \u00e9car<span class=\"_ _5\"/>ts de conversion<span class=\"_ _22d\"> </span><span class=\"ls22 ws24\">(0,<span class=\"_ _5\"/>3)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,5</span></span></div>\n<div class=\"t m0 x7 hf yde5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x55 h1b yde6 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">3<span class=\"_ _5\"/>7,7<span class=\"_ _23\"> </span><span class=\"ls1d ws1f\">22,0</span></div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019analy<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s balance<span class=\"_ _5\"/>s \u00e2g\u00e9e<span class=\"_ _5\"/>s des cr<span class=\"_ _5\"/>\u00e9ance<span class=\"_ _5\"/>s commer<span class=\"_ _5\"/>ciales e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xposi<span class=\"_ _5\"/>tion au r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ue de cr\u00e9<span class=\"_ _5\"/>dit se<span class=\"_ _5\"/>lon la matr<span class=\"_ _5\"/>ice de p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on se pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nte comme</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">suit :</div>\n<div class=\"t m0 x12 hc yb28 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JO<span class=\"_ _5\"/>URS D<span class=\"_ _5\"/>E RETA<span class=\"_ _5\"/>RD</div>\n<div class=\"t m0 x7 hc yde7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _280\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>T<span class=\"_ _6e\"> </span></span><span class=\"ff7\">&lt;<span class=\"_ _5\"/>60 JO<span class=\"_ _5\"/>URS<span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>0-1<span class=\"_ _5\"/>20 JO<span class=\"_ _5\"/>URS<span class=\"_ _8e\"> </span>&gt;12<span class=\"_ _5\"/>0 JOU<span class=\"_ _5\"/>RS</span></div>\n<div class=\"t m0 x9a hc yde8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SO<span class=\"_ _5\"/>LDE S<span class=\"_ _5\"/>GEI PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x14c hc yde7 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DEFAUT<span class=\"_ _138\"> </span><span class=\"ff5 fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf yde9 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x7 hd ydea ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>e bru<span class=\"_ _5\"/>te tota<span class=\"_ _5\"/>le es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>e en ca<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x7 hd ydeb ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">d\u00e9faut</div>\n<div class=\"t m0 x116 hd ydea ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">803,<span class=\"_ _5\"/>5<span class=\"_ _1cb\"> </span><span class=\"ls17 ws19\">2<span class=\"_ _5\"/>9,8<span class=\"_ _ea\"> </span><span class=\"ls26 ws28\">3,8<span class=\"_ _ea\"> </span><span class=\"ls2e ws30\">8,5<span class=\"_ _ea\"> </span><span class=\"ls1d ws1f\">6,5<span class=\"_ _254\"> </span><span class=\"ls1f ws21\">8<span class=\"_ _5\"/>52,2</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ydec ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e cr\u00e9d<span class=\"_ _5\"/>it at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>u<span class=\"_ _281\"> </span><span class=\"ls1a ws1c\">0,4%<span class=\"_ _282\"> </span><span class=\"ls14 ws16\">12,<span class=\"_ _5\"/>5%<span class=\"_ _282\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>0%<span class=\"_ _282\"> </span><span class=\"ls25 ws27\">98,0<span class=\"_ _5\"/>%<span class=\"_ _21d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yded ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n pou<span class=\"_ _5\"/>r per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues<span class=\"_ _27\"> </span>(2<span class=\"_ _5\"/>,9)<span class=\"_ _1cb\"> </span><span class=\"ls1b ws1d\">(3<span class=\"_ _5\"/>,7)<span class=\"_ _1cb\"> </span></span>(0,<span class=\"_ _5\"/>5)<span class=\"_ _1cb\"> </span><span class=\"ls22 ws24\">(8,<span class=\"_ _5\"/>4)<span class=\"_ _283\"> </span><span class=\"ls2b ws2d\">(6,<span class=\"_ _5\"/>5)<span class=\"_ _dd\"> </span><span class=\"ls17 ws19\">(22<span class=\"_ _5\"/>,0)</span></span></span></div>\n<div class=\"t m0 x7 hf ydee ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET FR<span class=\"_ _d\"/>AIS TERMINAUX</div>\n<div class=\"t m0 x5a h1b ydef ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">80<span class=\"_ _5\"/>0,6<span class=\"_ _b3\"> </span><span class=\"ls7 ws8\">26,<span class=\"_ _5\"/>1<span class=\"_ _107\"> </span><span class=\"ls25 ws27\">3,3<span class=\"_ _7e\"> </span></span></span>0,2<span class=\"_ _7e\"> </span>0,0<span class=\"_ _206\"> </span>830,<span class=\"_ _5\"/>2</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 181px; height: 496px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 181px; height: 496px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 181px; height: 901px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 181px; height: 901px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n<div><br/></div>\n\n<div><br/></div>\n\n<div/>\n<div><br/></div>\n\n<div class=\"t m0 x12 hc ydf0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JO<span class=\"_ _5\"/>URS D<span class=\"_ _5\"/>E RETA<span class=\"_ _5\"/>RD</div>\n<div class=\"t m0 x7 hc ydf1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _280\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>T<span class=\"_ _6e\"> </span></span><span class=\"ff7\">&lt;<span class=\"_ _5\"/>60 JO<span class=\"_ _5\"/>URS<span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>0-1<span class=\"_ _5\"/>20 JO<span class=\"_ _5\"/>URS<span class=\"_ _8e\"> </span>&gt;12<span class=\"_ _5\"/>0 JOU<span class=\"_ _5\"/>RS</span></div>\n<div class=\"t m0 x9a hc ydf2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SO<span class=\"_ _5\"/>LDE S<span class=\"_ _5\"/>GEI PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x14c hc ydf1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DEFAUT<span class=\"_ _138\"> </span><span class=\"ff5 fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf ydf3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x7 hd ydf4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>e bru<span class=\"_ _5\"/>te tota<span class=\"_ _5\"/>le es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>e en ca<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x7 hd ydf5 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">d\u00e9faut</div>\n<div class=\"t m0 x116 hd ydf4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">83<span class=\"_ _5\"/>0,0<span class=\"_ _1cb\"> </span><span class=\"ls2e ws30\">48,8<span class=\"_ _ea\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>8<span class=\"_ _1cc\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>,4<span class=\"_ _13d\"> </span></span></span></span>90<span class=\"_ _5\"/>0,0</div>\n<div class=\"t m0 x7 hd ydf6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e cr\u00e9d<span class=\"_ _5\"/>it at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>u<span class=\"_ _281\"> </span><span class=\"ls18 ws1a\">0,0%<span class=\"_ _282\"> </span><span class=\"ls14 ws16\">21,6%<span class=\"_ _282\"> </span><span class=\"ls1f ws21\">43,8<span class=\"_ _5\"/>%<span class=\"_ _7f\"> </span><span class=\"ls17 ws19\">99,<span class=\"_ _5\"/>9%</span></span></span></span></div>\n<div class=\"t m0 x7 hd ydf7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n pou<span class=\"_ _5\"/>r per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues<span class=\"_ _16b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _94\"> </span><span class=\"ls1b ws1d\">(10,<span class=\"_ _5\"/>6)<span class=\"_ _1cb\"> </span><span class=\"ls90 wsa4\">(2<span class=\"_ _5\"/>,1)<span class=\"_ _254\"> </span><span class=\"ls22 ws24\">(16<span class=\"_ _5\"/>,4)<span class=\"_ _40\"> </span><span class=\"ls17 ws19\">(29,0)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ydf8 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET TERMINAL DUES</div>\n<div class=\"t m0 x5a h1b ydf9 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">830,0<span class=\"_ _b3\"> </span><span class=\"ls49 ws57\">38,2<span class=\"_ _7e\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>,7<span class=\"_ _7e\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _284\"> </span><span class=\"ls1a ws1c\">871,<span class=\"_ _5\"/>0</span></span></span></span></div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te de cr\u00e9<span class=\"_ _5\"/>dit es<span class=\"_ _5\"/>compt\u00e9 a aug<span class=\"_ _5\"/>ment\u00e9 e<span class=\"_ _5\"/>n 2022 p<span class=\"_ _5\"/>ar rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t \u00e0 2021<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>ue \u00e0 des li<span class=\"_ _5\"/>tiges av<span class=\"_ _5\"/>ec</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>s r\u00e9<span class=\"_ _5\"/>sili\u00e9s c<span class=\"_ _5\"/>hez Ra<span class=\"_ _5\"/>dial Nor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>h Amer<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>. La pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes de c<span class=\"_ _5\"/>r\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>d la supe<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n de la COVI<span class=\"_ _5\"/>D-19 et de l<span class=\"_ _5\"/>a</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cri<span class=\"_ _5\"/>se \u00e9n<span class=\"_ _5\"/>erg\u00e9t<span class=\"_ _5\"/>ique su<span class=\"_ _5\"/>r la base d<span class=\"_ _5\"/>e la nota<span class=\"_ _5\"/>tion de c<span class=\"_ _5\"/>r\u00e9dit d<span class=\"_ _5\"/>u client f<span class=\"_ _5\"/>ourni<span class=\"_ _5\"/>e par une age<span class=\"_ _5\"/>nce de no<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 837px; height: 247px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 837px; height: 247px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 h7 y7 ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">Placement<span class=\"_ _d\"/> des liquidit\u00e9s</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En ce qui con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>e le place<span class=\"_ _5\"/>ment pa<span class=\"_ _5\"/>r bpos<span class=\"_ _5\"/>t de se<span class=\"_ _5\"/>s liquidi<span class=\"_ _5\"/>t\u00e9s, l<span class=\"_ _5\"/>esqu<span class=\"_ _5\"/>elles in<span class=\"_ _5\"/>cluen<span class=\"_ _5\"/>t la tr\u00e9s<span class=\"_ _5\"/>ore<span class=\"_ _5\"/>rie et le<span class=\"_ _5\"/>s \u00e9qui<span class=\"_ _5\"/>valen<span class=\"_ _5\"/>ts de t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie ainsi q<span class=\"_ _5\"/>ue les t<span class=\"_ _5\"/>itres</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de pla<span class=\"_ _5\"/>ceme<span class=\"_ _5\"/>nt, l\u2019exp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>n au ris<span class=\"_ _5\"/>que de c<span class=\"_ _5\"/>r\u00e9dit r<span class=\"_ _5\"/>\u00e9sulte d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>un ma<span class=\"_ _5\"/>nquem<span class=\"_ _5\"/>ent de la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie ad<span class=\"_ _5\"/>vers<span class=\"_ _5\"/>e, l\u2019expo<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n maxima<span class=\"_ _5\"/>le corr<span class=\"_ _5\"/>espo<span class=\"_ _5\"/>ndant \u00e0 la v<span class=\"_ _5\"/>aleur</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>table d<span class=\"_ _5\"/>e ces ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 747px; height: 337px; width: 90%; z-index: 4;\"><br/></div>\n\n\n<div class=\"t m0 x5 hb ya ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Risque de liquidit\u00e9</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e liquidi<span class=\"_ _5\"/>t\u00e9 dispo<span class=\"_ _5\"/>nible de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est l<span class=\"_ _5\"/>imit\u00e9, ce<span class=\"_ _5\"/>ci s\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>e par le nive<span class=\"_ _5\"/>au \u00e9lev\u00e9 d<span class=\"_ _5\"/>es liqu<span class=\"_ _5\"/>idit\u00e9s d<span class=\"_ _5\"/>e cais<span class=\"_ _5\"/>se et le f<span class=\"_ _5\"/>ait qu\u2019une p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie sig<span class=\"_ _5\"/>nifi<span class=\"_ _5\"/>ca-</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>e de ses r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s est p<span class=\"_ _5\"/>ay\u00e9e par s<span class=\"_ _5\"/>es clie<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s avant la pr<span class=\"_ _5\"/>est<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice<span class=\"_ _5\"/>-m\u00ea<span class=\"_ _5\"/>me.</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>ch\u00e9a<span class=\"_ _5\"/>nces de<span class=\"_ _5\"/>s pas<span class=\"_ _5\"/>sifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s sont pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9s com<span class=\"_ _5\"/>me suit<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hc ydfa ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _120\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>ANT<span class=\"_ _d0\"> </span><span class=\"ls48 ws56\">NON C<span class=\"_ _d\"/>OUR<span class=\"_ _5\"/>ANT<span class=\"_ _255\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></span></span></div>\n<div class=\"t m0 x4a hc ydfb ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>INS D'<span class=\"_ _5\"/>UN A<span class=\"_ _5\"/>N<span class=\"_ _ac\"> </span>EN<span class=\"_ _5\"/>TRE 1 E<span class=\"_ _5\"/>T 5 ANS<span class=\"_ _80\"> </span>PLUS D<span class=\"_ _5\"/>E 5 ANS</div>\n<div class=\"t m0 x7 hf ydfc ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x7 hd ydfd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013 fi<span class=\"_ _5\"/>nance<span class=\"_ _5\"/>ment<span class=\"_ _252\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>9<span class=\"_ _17a\"> </span><span class=\"ls18 ws1a\">320,3<span class=\"_ _17a\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>5,<span class=\"_ _2\"/>3<span class=\"_ _d0\"> </span><span class=\"ls9c ws4f\">613<span class=\"_ _5\"/>,5</span></span></span></span></div>\n<div class=\"t m0 x7 hd ydfe ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s<span class=\"_ _f7\"> </span><span class=\"ls18 ws1a\">1.470,9<span class=\"_ _137\"> </span><span class=\"ls26 ws28\">33,3<span class=\"_ _bf\"> </span></span>0,0<span class=\"_ _149\"> </span><span class=\"ls14 ws16\">1.<span class=\"_ _5\"/>504,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ydff ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _285\"> </span><span class=\"ls3b ws43\">8,1<span class=\"_ _d0\"> </span><span class=\"ls20 ws22\">678,6<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _273\"> </span><span class=\"ls1d ws1f\">686,8</span></span></span></span></div>\n<div class=\"t m0 x7 hd ye00 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Papiers commerciaux<span class=\"_ _276\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ye01 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Instruments d\u00e9riv\u00e9s<span class=\"_ _21b\"> </span><span class=\"ls18 ws1a\">0,3<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,3</span></div>\n<div class=\"t m0 x7 hd ye02 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires</div>\n<div class=\"t m0 x188 hd ye03 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">12,0<span class=\"_ _273\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>8<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _d0\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8</span></span></span></div>\n<div class=\"t m0 x7 hf ye04 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL PAS<span class=\"_ _d\"/>SIFS</div>\n<div class=\"t m0 x40 h1b ye05 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">1.<span class=\"_ _5\"/>609,<span class=\"_ _5\"/>3<span class=\"_ _103\"> </span><span class=\"lsd2 wsf2\">1<span class=\"_ _2\"/>.<span class=\"_ _5\"/>1<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>1<span class=\"_ _286\"> </span><span class=\"lsec ws10d\">17<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3<span class=\"_ _16\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>.9<span class=\"_ _5\"/>81<span class=\"_ _5\"/>,7</span></span></span></div>\n<div class=\"t m0 x7 hf ye06 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x7 hd ye07 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013 fi<span class=\"_ _5\"/>nance<span class=\"_ _5\"/>ment<span class=\"_ _f0\"> </span><span class=\"ls1d ws1f\">156,5<span class=\"_ _273\"> </span><span class=\"ls3b ws43\">40<span class=\"_ _5\"/>5,1<span class=\"_ _d0\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>9,<span class=\"_ _5\"/>8<span class=\"_ _d8\"> </span><span class=\"ls92 wsa6\">741<span class=\"_ _5\"/>,4</span></span></span></span></div>\n<div class=\"t m0 x7 hd ye08 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s<span class=\"_ _cc\"> </span><span class=\"ls18 ws1a\">1.49<span class=\"_ _5\"/>4,4<span class=\"_ _137\"> </span><span class=\"ls7 ws8\">25,9<span class=\"_ _bf\"> </span></span>0,0<span class=\"_ _cc\"> </span>1.5<span class=\"_ _5\"/>20,3</span></div>\n<div class=\"t m0 x7 hd ye09 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _285\"> </span><span class=\"ls3b ws43\">8,1<span class=\"_ _273\"> </span><span class=\"ls1a ws1c\">6<span class=\"_ _5\"/>70,5<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _d0\"> </span><span class=\"ls20 ws22\">678<span class=\"_ _5\"/>,6</span></span></span></span></div>\n<div class=\"t m0 x7 hd ye0a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _268\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ye0b ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Instruments d\u00e9riv\u00e9s<span class=\"_ _276\"> </span><span class=\"ls22 ws24\">(0,<span class=\"_ _5\"/>3)<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _cb\"> </span></span>(0,<span class=\"_ _5\"/>3)</span></div>\n<div class=\"t m0 x7 hd ye0c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">D\u00e9couver<span class=\"_ _5\"/>ts bancaires<span class=\"_ _287\"> </span><span class=\"ls18 ws1a\">0,4<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,4</span></div>\n<div class=\"t m0 x7 hd ye0d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _120\"> </span><span class=\"ls2a ws2c\">176<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _ca\"> </span>0,0<span class=\"_ _17a\"> </span></span>17<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t m0 x7 hd ye0e ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _c\"> </span><span class=\"ls0 ws0\">(0,2)<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _4e\"> </span></span>(0,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x7 hf ye0f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ye10 ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">1.8<span class=\"_ _5\"/>35,9<span class=\"_ _122\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.101<span class=\"_ _5\"/>,5<span class=\"_ _288\"> </span><span class=\"lsec ws10d\">17<span class=\"_ _5\"/>9,<span class=\"_ _5\"/>8<span class=\"_ _2a\"> </span><span class=\"lsd2 wsf2\">3<span class=\"_ _5\"/>.<span class=\"_ _5\"/>1<span class=\"_ _5\"/>17,<span class=\"_ _2\"/>2</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 220px; height: 517px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 220px; height: 864px; width: 92%; z-index: 3;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>ch\u00e9a<span class=\"_ _5\"/>nces con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lles ci<span class=\"_ _5\"/>-d<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>us son<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>es sur le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s non ac<span class=\"_ _5\"/>tual<span class=\"_ _5\"/>is\u00e9s<span class=\"_ _5\"/>, qui pe<span class=\"_ _5\"/>uvent d<span class=\"_ _5\"/>iff\u00e9re<span class=\"_ _5\"/>r de la vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tab<span class=\"_ _5\"/>le des pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s \u00e0 la date du b<span class=\"_ _5\"/>ilan cons<span class=\"_ _5\"/>olid\u00e9<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e liquidi<span class=\"_ _5\"/>t\u00e9 est m<span class=\"_ _5\"/>itig\u00e9 par d<span class=\"_ _5\"/>es lign<span class=\"_ _5\"/>es de cr<span class=\"_ _5\"/>\u00e9dit e<span class=\"_ _5\"/>n ligne ave<span class=\"_ _5\"/>c la taill<span class=\"_ _5\"/>e des op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 1017px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 1017px; height: 65px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag476": {
   "value": "\n<div><br/></div>\n<div><br/></div>\n<div><br/></div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>e aux r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es de mar<span class=\"_ _5\"/>ch\u00e9 li\u00e9<span class=\"_ _5\"/>s aux f<span class=\"_ _5\"/>luc<span class=\"_ _5\"/>tuatio<span class=\"_ _5\"/>ns des t<span class=\"_ _5\"/>aux de c<span class=\"_ _5\"/>hange, d<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t et de<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x du march<span class=\"_ _5\"/>\u00e9 (pri<span class=\"_ _5\"/>x des</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices p<span class=\"_ _5\"/>ublic<span class=\"_ _5\"/>s). En outre, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t expo<span class=\"_ _5\"/>s\u00e9e a<span class=\"_ _5\"/>ux ris<span class=\"_ _5\"/>ques d<span class=\"_ _5\"/>e cr\u00e9di<span class=\"_ _5\"/>t et de liq<span class=\"_ _5\"/>uidit\u00e9.</div>\n<div class=\"t m0 x5 hb y84 ff7 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Risque de ch<span class=\"_ _d\"/>ange</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dans s<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s o<span class=\"_ _5\"/>p\u00e9ra<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elles e<span class=\"_ _5\"/>t fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t exp<span class=\"_ _5\"/>os\u00e9e a<span class=\"_ _5\"/>ux fl<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>uation<span class=\"_ _5\"/>s de tau<span class=\"_ _5\"/>x de chang<span class=\"_ _5\"/>e qui impac<span class=\"_ _5\"/>tent l<span class=\"_ _5\"/>e bilan et l<span class=\"_ _5\"/>e compte de</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">r\u00e9sult<span class=\"_ _5\"/>ats<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ces r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ues de ch<span class=\"_ _5\"/>ange cons<span class=\"_ _5\"/>iste<span class=\"_ _5\"/>nt en (i) un r<span class=\"_ _5\"/>isque t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>el li\u00e9 au<span class=\"_ _5\"/>x ac<span class=\"_ _5\"/>tivit<span class=\"_ _5\"/>\u00e9s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lles ayan<span class=\"_ _5\"/>t un flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>n devis<span class=\"_ _5\"/>e \u00e9tr<span class=\"_ _5\"/>an-</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">g\u00e8re e<span class=\"_ _5\"/>t (ii) un ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e conver<span class=\"_ _5\"/>sion li\u00e9 \u00e0 l<span class=\"_ _5\"/>a conso<span class=\"_ _5\"/>lidatio<span class=\"_ _5\"/>n en Euro de<span class=\"_ _5\"/>s fil<span class=\"_ _5\"/>iales do<span class=\"_ _5\"/>nt la dev<span class=\"_ _5\"/>ise fo<span class=\"_ _5\"/>nct<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>lle n\u2019<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t pas l\u2019<span class=\"_ _5\"/>Euro (devis<span class=\"_ _5\"/>e fonc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nnell<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de bp<span class=\"_ _5\"/>ost). L<span class=\"_ _5\"/>a plus im<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>nte exp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on au ri<span class=\"_ _5\"/>sque de c<span class=\"_ _5\"/>hange cor<span class=\"_ _5\"/>res<span class=\"_ _5\"/>pond a<span class=\"_ _5\"/>u risq<span class=\"_ _5\"/>ue de conve<span class=\"_ _5\"/>rsio<span class=\"_ _5\"/>n des USD (au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2021 1 EUR =</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1,1<span class=\"_ _5\"/>326 USD par r<span class=\"_ _5\"/>app<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2 1 EUR = 1,0<span class=\"_ _5\"/>66<span class=\"_ _5\"/>6 USD et moy<span class=\"_ _5\"/>enne an<span class=\"_ _5\"/>nuelle - c'es<span class=\"_ _5\"/>t-\u00e0-<span class=\"_ _5\"/>dire la m<span class=\"_ _5\"/>oyenne m<span class=\"_ _5\"/>ensu<span class=\"_ _5\"/>elle div<span class=\"_ _5\"/>is\u00e9<span class=\"_ _5\"/>e par 12 -</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r 2022 1 EUR = 1<span class=\"_ _5\"/>,05 USD pa<span class=\"_ _5\"/>r rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t \u00e0 2021 1EUR = 1,1<span class=\"_ _5\"/>8 USD)<span class=\"_ _d\"/>, sa<span class=\"_ _5\"/>ns \u00e9l\u00e9m<span class=\"_ _5\"/>ent mo<span class=\"_ _5\"/>n\u00e9ta<span class=\"_ _5\"/>ire mat\u00e9r<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>.</div>\n\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>s inst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e couve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ure son<span class=\"_ _5\"/>t mis en pl<span class=\"_ _5\"/>ace pour s<span class=\"_ _5\"/>e prot\u00e9<span class=\"_ _5\"/>ger de ces r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ues<span class=\"_ _5\"/>.bpos<span class=\"_ _5\"/>t util<span class=\"_ _5\"/>ise de<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e change \u00e0 te<span class=\"_ _5\"/>rme e<span class=\"_ _5\"/>t des con<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de s<span class=\"_ _5\"/>wap de cha<span class=\"_ _5\"/>nge pour g<span class=\"_ _5\"/>\u00e9rer ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>aine<span class=\"_ _5\"/>s de se<span class=\"_ _5\"/>s exp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>ns en de<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>s \u00e9tr<span class=\"_ _5\"/>ang\u00e8r<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ces co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts on<span class=\"_ _5\"/>t \u00e9t\u00e9 sou<span class=\"_ _5\"/>scr<span class=\"_ _5\"/>its af<span class=\"_ _5\"/>in de co<span class=\"_ _5\"/>uvr<span class=\"_ _5\"/>ir les r<span class=\"_ _5\"/>isque<span class=\"_ _5\"/>s de chan<span class=\"_ _5\"/>ge li\u00e9s au<span class=\"_ _5\"/>x pr\u00eat<span class=\"_ _5\"/>s inte<span class=\"_ _5\"/>rentr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises a<span class=\"_ _5\"/>ccord\u00e9<span class=\"_ _5\"/>s par bp<span class=\"_ _5\"/>ost \u00e0 s<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>iliales<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 2018, bp<span class=\"_ _5\"/>ost a co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ct\u00e9 un p<span class=\"_ _5\"/>r\u00eat ban<span class=\"_ _5\"/>cair<span class=\"_ _5\"/>e en USD, d\u2019une matu<span class=\"_ _5\"/>rit\u00e9 de 3 a<span class=\"_ _5\"/>ns, ave<span class=\"_ _5\"/>c deux e<span class=\"_ _5\"/>xt<span class=\"_ _5\"/>ensio<span class=\"_ _5\"/>ns pos<span class=\"_ _5\"/>sible<span class=\"_ _5\"/>s, cha<span class=\"_ _5\"/>cune d\u2019un an<span class=\"_ _5\"/>. Outr<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>\u00e9mi<span class=\"_ _5\"/>s-</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sion o<span class=\"_ _5\"/>bliga<span class=\"_ _5\"/>taire, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t, do<span class=\"_ _5\"/>nt l\u2019EUR es<span class=\"_ _5\"/>t la de<span class=\"_ _5\"/>vise f<span class=\"_ _5\"/>onc<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>elle, a em<span class=\"_ _5\"/>prun<span class=\"_ _5\"/>t\u00e9 en USD af<span class=\"_ _5\"/>in de re<span class=\"_ _5\"/>finan<span class=\"_ _5\"/>cer l\u2019acquis<span class=\"_ _5\"/>ition d<span class=\"_ _5\"/>e novemb<span class=\"_ _5\"/>re 201<span class=\"_ _1\"/>7 d<span class=\"_ _5\"/>e Radial</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Hold<span class=\"_ _5\"/>ings<span class=\"_ _5\"/>, LP<span class=\"_ _3b\"/>. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a empr<span class=\"_ _5\"/>unt\u00e9 une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie en USD p<span class=\"_ _5\"/>our r\u00e9<span class=\"_ _5\"/>duire le r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e diff\u00e9r<span class=\"_ _5\"/>ences d<span class=\"_ _5\"/>e change s<span class=\"_ _5\"/>ur les op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ions \u00e0 l\u2019\u00e9tr<span class=\"_ _5\"/>anger, et don<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9al<span class=\"_ _5\"/>is\u00e9 une co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e de son inv<span class=\"_ _5\"/>est<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t net<span class=\"_ _5\"/>. Par cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nt, la p<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tion e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de<span class=\"_ _5\"/>s var<span class=\"_ _5\"/>iation<span class=\"_ _5\"/>s de la jus<span class=\"_ _5\"/>te vale<span class=\"_ _5\"/>ur de l\u2019ins<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ument de co<span class=\"_ _5\"/>u-</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>e est co<span class=\"_ _5\"/>mpta<span class=\"_ _5\"/>bilis\u00e9<span class=\"_ _5\"/>e dans le<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s du r\u00e9<span class=\"_ _5\"/>sultat g<span class=\"_ _5\"/>lobal<span class=\"_ _5\"/>. Le mont<span class=\"_ _5\"/>ant not<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>l de la cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture s\u2019\u00e9lev<span class=\"_ _5\"/>ait \u00e0 143,0 mUS<span class=\"_ _5\"/>D, tandi<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que la v<span class=\"_ _5\"/>aleur co<span class=\"_ _5\"/>mptab<span class=\"_ _5\"/>le conver<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e en Euros s\u2019\u00e9lev<span class=\"_ _5\"/>ait \u00e0 13<span class=\"_ _5\"/>4,1 m<span class=\"_ _5\"/>EUR. Au 31 d<span class=\"_ _5\"/>\u00e9cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2, la per<span class=\"_ _5\"/>te n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te sur la r\u00e9<span class=\"_ _5\"/>\u00e9valua<span class=\"_ _5\"/>tion du p<span class=\"_ _5\"/>r\u00eat en US<span class=\"_ _5\"/>D<span class=\"_ _d\"/>,</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>tabili<span class=\"_ _5\"/>s\u00e9e da<span class=\"_ _5\"/>ns les au<span class=\"_ _5\"/>tres \u00e9<span class=\"_ _5\"/>l\u00e9me<span class=\"_ _5\"/>nts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at glob<span class=\"_ _5\"/>al et cumu<span class=\"_ _5\"/>l\u00e9 dans le<span class=\"_ _5\"/>s \u00e9car<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s de conve<span class=\"_ _5\"/>rsi<span class=\"_ _5\"/>on de dev<span class=\"_ _5\"/>ise<span class=\"_ _5\"/>s, s'\u00e9leva<span class=\"_ _5\"/>it \u00e0 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>8 mEUR. En 2<span class=\"_ _5\"/>022, il</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u2019y a pa<span class=\"_ _5\"/>s eu de par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie non eff<span class=\"_ _5\"/>ic<span class=\"_ _5\"/>ace.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 642px; height: 200px; width: 88%; z-index: 5;\"><br/></div>\n\n\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau su<span class=\"_ _5\"/>ivant m<span class=\"_ _5\"/>ontre l<span class=\"_ _5\"/>a sens<span class=\"_ _5\"/>ibilit\u00e9 \u00e0 un c<span class=\"_ _5\"/>hangem<span class=\"_ _5\"/>ent ra<span class=\"_ _5\"/>isonna<span class=\"_ _5\"/>ble du ta<span class=\"_ _5\"/>ux de cha<span class=\"_ _5\"/>nge USD, toute<span class=\"_ _5\"/>s autr<span class=\"_ _5\"/>es var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s res<span class=\"_ _5\"/>tant con<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ntes<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t de la var<span class=\"_ _5\"/>iatio<span class=\"_ _5\"/>n des USD s<span class=\"_ _5\"/>ur l\u2019EBI<span class=\"_ _5\"/>T et les c<span class=\"_ _5\"/>apita<span class=\"_ _5\"/>ux pro<span class=\"_ _5\"/>pres (apr<span class=\"_ _5\"/>\u00e8s consi<span class=\"_ _5\"/>d\u00e9r<span class=\"_ _5\"/>ation de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure d\u2019inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment n<span class=\"_ _5\"/>et<span class=\"_ _5\"/>te) des f<span class=\"_ _5\"/>iliales e<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>\u00e9riq<span class=\"_ _5\"/>ue du Nor<span class=\"_ _5\"/>d en 202<span class=\"_ _5\"/>2 repr\u00e9<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>te le ris<span class=\"_ _5\"/>que de conve<span class=\"_ _5\"/>rsi<span class=\"_ _5\"/>on. L<span class=\"_ _3b\"/>\u2019exp<span class=\"_ _5\"/>osit<span class=\"_ _5\"/>ion du gro<span class=\"_ _5\"/>upe au<span class=\"_ _5\"/>x varia<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e change d<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res de<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>s n\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st pa<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">mat\u00e9riel.</div>\n<div class=\"t m0 x7 hb y430 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ydcd ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">EN MILLION<span class=\"_ _d\"/>S EUR<span class=\"_ _27a\"> </span><span class=\"ff7 ls0 ws0\">+5% U<span class=\"_ _5\"/>SD VS E<span class=\"_ _5\"/>UR<span class=\"_ _273\"> </span> \u2013 5% USD V<span class=\"_ _5\"/>S EUR</span></div>\n<div class=\"t m0 x7 hd ydce ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ef<span class=\"_ _5\"/>fet su<span class=\"_ _5\"/>r EBIT<span class=\"_ _27b\"> </span><span class=\"ls2b ws2d\">(5,<span class=\"_ _5\"/>2)<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">5<span class=\"_ _5\"/>,7</span></span></div>\n<div class=\"t m0 x7 hd ydcf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ef<span class=\"_ _5\"/>fet su<span class=\"_ _5\"/>r les ca<span class=\"_ _5\"/>pit<span class=\"_ _5\"/>aux pr<span class=\"_ _5\"/>opre<span class=\"_ _5\"/>s du gro<span class=\"_ _5\"/>upe<span class=\"_ _5\"/>, couve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ure d'in<span class=\"_ _5\"/>ves<span class=\"_ _5\"/>tis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent ne<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x7 hd ydd0 ff4 fs8 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">consid\u00e9r\u00e9e</div>\n<div class=\"t m0 xd8 hd ydd1 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(26,<span class=\"_ _5\"/>2)<span class=\"_ _1de\"> </span><span class=\"ls1d ws1f\">28,9</span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 445px; height: 187px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 hb y57 ff7 fs6 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">Ris<span class=\"_ _5\"/>que du ta<span class=\"_ _5\"/>ux d\u2019int\u00e9r<span class=\"_ _5\"/>\u00eat</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t aus<span class=\"_ _5\"/>si dire<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>xpos<span class=\"_ _5\"/>\u00e9e au<span class=\"_ _5\"/>x flu<span class=\"_ _5\"/>ctuat<span class=\"_ _5\"/>ions du t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019int\u00e9r\u00ea<span class=\"_ _5\"/>t au trav<span class=\"_ _5\"/>ers de s<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>inance<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>ter<span class=\"_ _5\"/>nes<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t at<span class=\"_ _5\"/>t\u00e9nue ce<span class=\"_ _5\"/>pen<span class=\"_ _5\"/>dant ce</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ris<span class=\"_ _5\"/>que en a<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>ignant un \u00e9<span class=\"_ _5\"/>quilibr<span class=\"_ _5\"/>e entre l<span class=\"_ _5\"/>es tau<span class=\"_ _5\"/>x fi<span class=\"_ _5\"/>xes et v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>les. A<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent, ce<span class=\"_ _5\"/>t \u00e9quil<span class=\"_ _5\"/>ibre re<span class=\"_ _5\"/>pose p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipalem<span class=\"_ _5\"/>ent sur de<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x fix<span class=\"_ _5\"/>es, ma<span class=\"_ _5\"/>is il</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>ut \u00e9volu<span class=\"_ _5\"/>er en fon<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de la si<span class=\"_ _5\"/>tuatio<span class=\"_ _5\"/>n du march<span class=\"_ _5\"/>\u00e9.</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Af<span class=\"_ _5\"/>in de g\u00e9<span class=\"_ _5\"/>rer la s<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>e du tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t de sa de<span class=\"_ _5\"/>tte, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t peu<span class=\"_ _5\"/>t utilis<span class=\"_ _5\"/>er des i<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>rume<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure tel<span class=\"_ _5\"/>s que des s<span class=\"_ _5\"/>waps d<span class=\"_ _5\"/>e taux d'i<span class=\"_ _5\"/>nt\u00e9r\u00ea<span class=\"_ _5\"/>t.</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ute mod<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n subs<span class=\"_ _5\"/>tanti<span class=\"_ _5\"/>elle de la s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ure du ta<span class=\"_ _5\"/>ux req<span class=\"_ _5\"/>uier<span class=\"_ _5\"/>t la va<span class=\"_ _5\"/>lidatio<span class=\"_ _5\"/>n pr\u00e9ala<span class=\"_ _5\"/>ble du Com<span class=\"_ _5\"/>it\u00e9 Ex<span class=\"_ _5\"/>\u00e9cuti<span class=\"_ _5\"/>f du Grou<span class=\"_ _5\"/>pe.</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Fin 20<span class=\"_ _d\"/>22, le financemen<span class=\"_ _d\"/>t externe consistait en<span class=\"_ _d\"/>:</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>18<span class=\"_ _5\"/>5,0 mUSD de p<span class=\"_ _5\"/>r\u00eat \u00e0 te<span class=\"_ _5\"/>rme no<span class=\"_ _5\"/>n gara<span class=\"_ _5\"/>nti (tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t var<span class=\"_ _5\"/>iable). Ce pr\u00ea<span class=\"_ _5\"/>t a d\u00e9bu<span class=\"_ _5\"/>t\u00e9 le 3 juillet 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>18 ave<span class=\"_ _5\"/>c une \u00e9c<span class=\"_ _5\"/>h\u00e9ance d<span class=\"_ _5\"/>e 3 ans et a \u00e9<span class=\"_ _5\"/>t\u00e9 pro<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y62 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">long\u00e9 en 2020 jusqu\u2019en juillet 202<span class=\"_ _5\"/>3.</div>\n\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>65<span class=\"_ _5\"/>0,0 mEUR d'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>ns. L<span class=\"_ _1\"/>'oblig<span class=\"_ _5\"/>ation \u00e0 8 a<span class=\"_ _5\"/>ns a \u00e9t\u00e9 \u00e9m<span class=\"_ _5\"/>ise en ju<span class=\"_ _5\"/>illet 2018 ave<span class=\"_ _5\"/>c un coupo<span class=\"_ _5\"/>n de 1,<span class=\"_ _5\"/>25%<span class=\"_ _5\"/>. En pr\u00e9v<span class=\"_ _5\"/>ision d<span class=\"_ _5\"/>e cet<span class=\"_ _5\"/>te \u00e9mis<span class=\"_ _5\"/>sion, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x2a h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">a conc<span class=\"_ _5\"/>lu en f\u00e9v<span class=\"_ _5\"/>rier 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>18 un s<span class=\"_ _5\"/>wap de t<span class=\"_ _5\"/>aux d'int\u00e9<span class=\"_ _5\"/>r\u00eat \u00e0 ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur 10 ans ave<span class=\"_ _5\"/>c un mont<span class=\"_ _5\"/>ant nomi<span class=\"_ _5\"/>nal de 60<span class=\"_ _5\"/>0,0 m<span class=\"_ _5\"/>EUR. L<span class=\"_ _5\"/>a tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tion a \u00e9<span class=\"_ _5\"/>t\u00e9 con<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>act\u00e9<span class=\"_ _5\"/>e af<span class=\"_ _5\"/>in de couv<span class=\"_ _5\"/>rir le r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t sur l'\u00e9miss<span class=\"_ _5\"/>ion env<span class=\"_ _5\"/>isag\u00e9<span class=\"_ _5\"/>e d'une obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n \u00e0 long ter<span class=\"_ _5\"/>me po<span class=\"_ _5\"/>ur ref<span class=\"_ _5\"/>inance<span class=\"_ _5\"/>r le cr\u00e9<span class=\"_ _5\"/>dit-pon<span class=\"_ _5\"/>t d'<span class=\"_ _d\"/>ac-</div>\n<div class=\"t m0 x2a h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">quis<span class=\"_ _5\"/>ition co<span class=\"_ _5\"/>nclu en n<span class=\"_ _5\"/>ovembr<span class=\"_ _5\"/>e 201<span class=\"_ _1\"/>7 po<span class=\"_ _5\"/>ur l'acquisit<span class=\"_ _5\"/>ion de R<span class=\"_ _5\"/>adial. E<span class=\"_ _5\"/>n juillet 2018<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t a \u00e9mis un<span class=\"_ _5\"/>e oblig<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e 650,<span class=\"_ _5\"/>0 mEUR \u00e0 8 ans<span class=\"_ _5\"/>. \u00c0 cet<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x2a h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">occ<span class=\"_ _5\"/>asion<span class=\"_ _5\"/>, le swa<span class=\"_ _5\"/>p de tau<span class=\"_ _5\"/>x d'int\u00e9r\u00ea<span class=\"_ _5\"/>t a \u00e9t\u00e9 d\u00e9n<span class=\"_ _5\"/>ou\u00e9 et r<span class=\"_ _5\"/>\u00e9gl\u00e9 via u<span class=\"_ _5\"/>n paiem<span class=\"_ _5\"/>ent de 21,<span class=\"_ _5\"/>5 mEUR r<span class=\"_ _5\"/>\u00e9par<span class=\"_ _5\"/>ti e<span class=\"_ _5\"/>ntre une p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie eff<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tive de 2<span class=\"_ _5\"/>0,0 mEUR et</div>\n<div class=\"t m0 x2a h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie ine<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tive d<span class=\"_ _5\"/>e 1,5 m<span class=\"_ _5\"/>EUR. L<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie in<span class=\"_ _5\"/>eff<span class=\"_ _5\"/>icace a \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at. L<span class=\"_ _5\"/>a par<span class=\"_ _5\"/>tie e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>cace de l<span class=\"_ _5\"/>a couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure</div>\n<div class=\"t m0 x2a h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de f<span class=\"_ _5\"/>lux de t<span class=\"_ _5\"/>r\u00e9so<span class=\"_ _5\"/>rer<span class=\"_ _5\"/>ie (20,0 mEUR) a \u00e9<span class=\"_ _5\"/>t\u00e9 compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>\u00e9e dan<span class=\"_ _5\"/>s les aut<span class=\"_ _5\"/>res \u00e9<span class=\"_ _5\"/>l\u00e9men<span class=\"_ _5\"/>ts du r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at globa<span class=\"_ _5\"/>l (le mont<span class=\"_ _5\"/>ant ne<span class=\"_ _5\"/>t d'imp\u00f4t e<span class=\"_ _5\"/>st de 14,<span class=\"_ _5\"/>8 mEUR)</div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en t<span class=\"_ _5\"/>ant que r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e couver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ure de f<span class=\"_ _5\"/>lux de tr<span class=\"_ _5\"/>\u00e9so<span class=\"_ _5\"/>reri<span class=\"_ _5\"/>e. Cet<span class=\"_ _5\"/>te couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>ture de f<span class=\"_ _5\"/>lux d<span class=\"_ _5\"/>e tr\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie es<span class=\"_ _5\"/>t recl<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>\u00e9e en r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at au cour<span class=\"_ _5\"/>s des m\u00ea<span class=\"_ _5\"/>mes</div>\n<div class=\"t m0 x2a h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">p\u00e9<span class=\"_ _5\"/>riod<span class=\"_ _5\"/>es que le<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>erie d<span class=\"_ _5\"/>es obli<span class=\"_ _5\"/>gatio<span class=\"_ _5\"/>ns \u00e0 long te<span class=\"_ _5\"/>rme qui a<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>tero<span class=\"_ _5\"/>nt le r\u00e9s<span class=\"_ _5\"/>ultat sur 8 a<span class=\"_ _5\"/>ns \u00e0 compte<span class=\"_ _5\"/>r de leur da<span class=\"_ _5\"/>te d'<span class=\"_ _d\"/>\u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>on. En</div>\n<div class=\"t m0 x2a h8 y6b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2, un mon<span class=\"_ _5\"/>tant ne<span class=\"_ _5\"/>t de 1,<span class=\"_ _5\"/>9 mEUR a \u00e9t\u00e9 re<span class=\"_ _5\"/>clas<span class=\"_ _5\"/>s\u00e9 dan<span class=\"_ _5\"/>s le compte d<span class=\"_ _5\"/>e r\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 72px; height: 155px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 72px; height: 980px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau ci<span class=\"_ _5\"/>-d<span class=\"_ _5\"/>es<span class=\"_ _5\"/>sous ill<span class=\"_ _5\"/>ustr<span class=\"_ _5\"/>e l'impac<span class=\"_ _5\"/>t d'une va<span class=\"_ _5\"/>riatio<span class=\"_ _5\"/>n des t<span class=\"_ _5\"/>aux d'int\u00e9<span class=\"_ _5\"/>r\u00eat de 5<span class=\"_ _5\"/>0 bps (de 1 % \u00e0 1,<span class=\"_ _5\"/>5 % par e<span class=\"_ _5\"/>xemple) sur l<span class=\"_ _5\"/>a det<span class=\"_ _5\"/>te exp<span class=\"_ _5\"/>os\u00e9<span class=\"_ _5\"/>e aux ta<span class=\"_ _5\"/>ux</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>s (<span class=\"_ _d\"/>c'es<span class=\"_ _5\"/>t-\u00e0-<span class=\"_ _5\"/>dire l\u2019empr<span class=\"_ _5\"/>unt \u00e0 ter<span class=\"_ _5\"/>me en USD). L<span class=\"_ _3b\"/>\u2019i<span class=\"_ _5\"/>nt\u00e9r\u00eat e<span class=\"_ _5\"/>st c<span class=\"_ _5\"/>alcul\u00e9 e<span class=\"_ _5\"/>n tant qu\u2019<span class=\"_ _5\"/>Eurib<span class=\"_ _5\"/>or<span class=\"_ _d\"/>/USD L<span class=\"_ _5\"/>ibor a<span class=\"_ _5\"/>uquel o<span class=\"_ _5\"/>n ajoute l<span class=\"_ _5\"/>a marge. L<span class=\"_ _5\"/>a marge \u00e9<span class=\"_ _5\"/>tant</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>\u00e9e dans l<span class=\"_ _5\"/>e contr<span class=\"_ _5\"/>at, l'analy<span class=\"_ _5\"/>se de se<span class=\"_ _5\"/>nsibi<span class=\"_ _5\"/>lit\u00e9 ne s'appli<span class=\"_ _5\"/>que qu\u2019\u00e0 l\u2019Eur<span class=\"_ _5\"/>ibor/USD Li<span class=\"_ _5\"/>bor<span class=\"_ _d\"/>, r\u00e9<span class=\"_ _5\"/>put\u00e9 \u201c<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x de bas<span class=\"_ _5\"/>e\u201d<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x7 hb y84 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ydd2 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _b5\"> </span><span class=\"ff7\">S<span class=\"_ _5\"/>ENS<span class=\"_ _5\"/>IB<span class=\"_ _5\"/>ILIT<span class=\"_ _5\"/>\u00c9 \u00c0 UN MO<span class=\"_ _5\"/>UV<span class=\"_ _5\"/>EME<span class=\"_ _5\"/>NT DE  \u2013 5<span class=\"_ _5\"/>0 BPS D<span class=\"_ _5\"/>ES TAU<span class=\"_ _5\"/>X D'IN<span class=\"_ _5\"/>T\u00c9R<span class=\"_ _5\"/>\u00caT </span></div>\n<div class=\"t m0 x5f hc ydd3 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">DU M<span class=\"_ _5\"/>AR<span class=\"_ _5\"/>CH\u00c9</div>\n<div class=\"t m0 x12 hc ydd2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SE<span class=\"_ _5\"/>NSI<span class=\"_ _5\"/>BIL<span class=\"_ _5\"/>IT\u00c9 \u00c0 UN M<span class=\"_ _5\"/>OU<span class=\"_ _5\"/>VE<span class=\"_ _5\"/>MENT D<span class=\"_ _5\"/>E +50 B<span class=\"_ _5\"/>PS D<span class=\"_ _5\"/>ES TAUX D<span class=\"_ _5\"/>'INT<span class=\"_ _5\"/>\u00c9R\u00ca<span class=\"_ _5\"/>T DU</div>\n<div class=\"t m0 x109 hc ydd3 ff7 fs7 fc2 sc0 ls50 ws5f\" style=\"z-index: 15;\">MARCH\u00c9</div>\n<div class=\"t m0 x7 hd ydd4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Imp<span class=\"_ _5\"/>act s<span class=\"_ _5\"/>ur les co<span class=\"_ _5\"/>\u00fbt<span class=\"_ _5\"/>s<span class=\"_ _5b\"> </span>(0,<span class=\"_ _5\"/>8)<span class=\"_ _27c\"> </span><span class=\"ls18 ws1a\">0,8</span></div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ats f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s de bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>ont aus<span class=\"_ _5\"/>si inf<span class=\"_ _5\"/>luen<span class=\"_ _5\"/>c\u00e9s par l\u2019\u00e9volu<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s tau<span class=\"_ _5\"/>x d\u2019<span class=\"_ _d\"/>ac<span class=\"_ _5\"/>tuali<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on utili<span class=\"_ _5\"/>s\u00e9s p<span class=\"_ _5\"/>our d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>er l\u2019<span class=\"_ _d\"/>ob<span class=\"_ _5\"/>ligati<span class=\"_ _5\"/>on li\u00e9<span class=\"_ _5\"/>e aux</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">avan<span class=\"_ _5\"/>tages a<span class=\"_ _5\"/>u per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>el. Au 31 d<span class=\"_ _5\"/>\u00e9cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2, une aug<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e 50 bps d<span class=\"_ _5\"/>es ta<span class=\"_ _5\"/>ux d\u2019act<span class=\"_ _5\"/>ualisat<span class=\"_ _5\"/>ion moy<span class=\"_ _5\"/>ens g\u00e9n<span class=\"_ _5\"/>\u00e9rer<span class=\"_ _5\"/>ait une di<span class=\"_ _5\"/>minuti<span class=\"_ _5\"/>on</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des c<span class=\"_ _5\"/>harge<span class=\"_ _5\"/>s fin<span class=\"_ _5\"/>anci\u00e8<span class=\"_ _5\"/>res de 1<span class=\"_ _5\"/>2,8 m<span class=\"_ _5\"/>EUR. Une d<span class=\"_ _5\"/>iminut<span class=\"_ _5\"/>ion de 50 b<span class=\"_ _5\"/>ps des t<span class=\"_ _5\"/>aux d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>alisat<span class=\"_ _5\"/>ion moy<span class=\"_ _5\"/>ens aug<span class=\"_ _5\"/>menter<span class=\"_ _5\"/>ait la ch<span class=\"_ _5\"/>arge f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>i\u00e8re de</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">13<span class=\"_ _5\"/>,9 mEUR<span class=\"_ _5\"/>. Pour p<span class=\"_ _5\"/>lus de d\u00e9<span class=\"_ _5\"/>tail<span class=\"_ _5\"/>s, voir n<span class=\"_ _5\"/>ote 6.<span class=\"_ _5\"/>26 Avant<span class=\"_ _5\"/>ages au p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>l.</div>\n<div class=\"t m0 x5 hb y7 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res ris<span class=\"_ _5\"/>ques li<span class=\"_ _5\"/>\u00e9s au march<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La p<span class=\"_ _5\"/>robab<span class=\"_ _5\"/>ilit\u00e9 d\u2019une int<span class=\"_ _5\"/>err<span class=\"_ _5\"/>uptio<span class=\"_ _5\"/>n prolo<span class=\"_ _5\"/>ng\u00e9e de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivit<span class=\"_ _5\"/>\u00e9s due \u00e0 de<span class=\"_ _5\"/>s ph\u00e9<span class=\"_ _5\"/>nom\u00e8<span class=\"_ _5\"/>nes nat<span class=\"_ _5\"/>urel<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tr\u00eam<span class=\"_ _5\"/>es (par e<span class=\"_ _5\"/>xemple u<span class=\"_ _5\"/>n incend<span class=\"_ _5\"/>ie, une in<span class=\"_ _5\"/>ondat<span class=\"_ _5\"/>ion,</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une te<span class=\"_ _5\"/>mp\u00eate<span class=\"_ _5\"/>, une pan<span class=\"_ _5\"/>d\u00e9mie, u<span class=\"_ _5\"/>ne augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s prob<span class=\"_ _5\"/>l\u00e8me<span class=\"_ _5\"/>s de sant\u00e9 d<span class=\"_ _5\"/>es colla<span class=\"_ _5\"/>bor<span class=\"_ _5\"/>ateurs e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de la p<span class=\"_ _5\"/>ollut<span class=\"_ _5\"/>ion) est d<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>e plus imp<span class=\"_ _5\"/>or-</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>te. bpo<span class=\"_ _5\"/>st s\u2019effor<span class=\"_ _5\"/>ce de pr\u00e9ve<span class=\"_ _5\"/>nir<span class=\"_ _d\"/>, dan<span class=\"_ _5\"/>s la mesu<span class=\"_ _5\"/>re du pos<span class=\"_ _5\"/>sible<span class=\"_ _5\"/>, les dom<span class=\"_ _5\"/>mages a<span class=\"_ _5\"/>ux b\u00e2tim<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et les i<span class=\"_ _5\"/>nterr<span class=\"_ _5\"/>upti<span class=\"_ _5\"/>ons d\u2019expl<span class=\"_ _5\"/>oitat<span class=\"_ _5\"/>ion par le b<span class=\"_ _5\"/>iais de</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pro<span class=\"_ _5\"/>gramm<span class=\"_ _5\"/>es de p<span class=\"_ _5\"/>r\u00e9vent<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ur<span class=\"_ _5\"/>gence. L<span class=\"_ _5\"/>es cons<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nces n\u00e9<span class=\"_ _5\"/>gati<span class=\"_ _5\"/>ves de ce<span class=\"_ _5\"/>s ris<span class=\"_ _5\"/>ques s<span class=\"_ _5\"/>ont couv<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes par d<span class=\"_ _5\"/>es pol<span class=\"_ _5\"/>ices d'as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce. bpo<span class=\"_ _5\"/>stg<span class=\"_ _5\"/>roup</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">a effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>u\u00e9 une \u00e9v<span class=\"_ _5\"/>aluati<span class=\"_ _5\"/>on des r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es clima<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s physi<span class=\"_ _5\"/>ques da<span class=\"_ _5\"/>ns le cad<span class=\"_ _5\"/>re des e<span class=\"_ _5\"/>xigen<span class=\"_ _5\"/>ces de la t<span class=\"_ _5\"/>axin<span class=\"_ _5\"/>omie de l'U<span class=\"_ _5\"/>E sur se<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns belg<span class=\"_ _5\"/>es,</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">af<span class=\"_ _5\"/>in d'\u00e9value<span class=\"_ _5\"/>r les \u00e9v\u00e9<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nts m<span class=\"_ _5\"/>\u00e9t\u00e9o<span class=\"_ _5\"/>rolog<span class=\"_ _5\"/>iques e<span class=\"_ _5\"/>xt<span class=\"_ _5\"/>r\u00eame<span class=\"_ _5\"/>s chro<span class=\"_ _5\"/>nique<span class=\"_ _5\"/>s et aigus r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>ant du cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nt climat<span class=\"_ _5\"/>ique. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a mis en pla<span class=\"_ _5\"/>ce des</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">plan<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>at<span class=\"_ _5\"/>t\u00e9nua<span class=\"_ _5\"/>tion p<span class=\"_ _5\"/>our les r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es les p<span class=\"_ _5\"/>lus sus<span class=\"_ _5\"/>ceptib<span class=\"_ _5\"/>les d'augm<span class=\"_ _5\"/>enter a<span class=\"_ _5\"/>u cours de<span class=\"_ _5\"/>s 20 \u00e0 30 p<span class=\"_ _5\"/>rochai<span class=\"_ _5\"/>nes ann<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on du cha<span class=\"_ _5\"/>ngeme<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">clima<span class=\"_ _5\"/>tique s<span class=\"_ _5\"/>elon le s<span class=\"_ _5\"/>c\u00e9nar<span class=\"_ _5\"/>io \u201cBus<span class=\"_ _5\"/>ines<span class=\"_ _5\"/>s As U<span class=\"_ _5\"/>sual\u201d (sc\u00e9<span class=\"_ _5\"/>nario d<span class=\"_ _5\"/>u pire du GI<span class=\"_ _5\"/>EC)<span class=\"_ _d\"/>, not<span class=\"_ _5\"/>amme<span class=\"_ _5\"/>nt les va<span class=\"_ _5\"/>gues d<span class=\"_ _5\"/>e chaleu<span class=\"_ _5\"/>r<span class=\"_ _1\"/>, le<span class=\"_ _5\"/>s incen<span class=\"_ _5\"/>dies de f<span class=\"_ _5\"/>or\u00eat<span class=\"_ _5\"/>, les fo<span class=\"_ _5\"/>rte<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pr\u00e9<span class=\"_ _5\"/>cipit<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s, le<span class=\"_ _5\"/>s inonda<span class=\"_ _5\"/>tions c\u00f4<span class=\"_ _5\"/>ti\u00e8re<span class=\"_ _5\"/>s et f<span class=\"_ _5\"/>luvia<span class=\"_ _5\"/>les et le<span class=\"_ _5\"/>s glis<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de terr<span class=\"_ _5\"/>ain. En o<span class=\"_ _5\"/>utre, l<span class=\"_ _5\"/>a str<span class=\"_ _5\"/>at\u00e9gi<span class=\"_ _5\"/>e de dura<span class=\"_ _5\"/>bilit\u00e9 de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t compre<span class=\"_ _5\"/>nd des</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs am<span class=\"_ _5\"/>bitie<span class=\"_ _5\"/>ux de r\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>es \u00e9mis<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>s de gaz \u00e0 e<span class=\"_ _5\"/>ffet de s<span class=\"_ _5\"/>err<span class=\"_ _5\"/>e (\u201cGES\u201d). b<span class=\"_ _5\"/>post s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>ngage \u00e0 f<span class=\"_ _5\"/>aire pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ie des a<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>urs le<span class=\"_ _5\"/>s plus ver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s dans</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les p<span class=\"_ _5\"/>ays o\u00f9 elle o<span class=\"_ _5\"/>p\u00e8re e<span class=\"_ _5\"/>n pour<span class=\"_ _5\"/>suiv<span class=\"_ _5\"/>ant son o<span class=\"_ _5\"/>bjec<span class=\"_ _5\"/>tif d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>at<span class=\"_ _5\"/>teindr<span class=\"_ _5\"/>e des \u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>ons net<span class=\"_ _5\"/>te<span class=\"_ _5\"/>s nulles d'ic<span class=\"_ _5\"/>i 204<span class=\"_ _5\"/>0 et de r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>e les \u00e9mi<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns de se<span class=\"_ _5\"/>s prop<span class=\"_ _5\"/>res</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ions de 5<span class=\"_ _5\"/>5% d'ici 203<span class=\"_ _5\"/>0 par ra<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t \u00e0 2019 (conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment \u00e0 l<span class=\"_ _5\"/>a traje<span class=\"_ _5\"/>cto<span class=\"_ _5\"/>ire SBT<span class=\"_ _5\"/>i 1,5<span class=\"_ _5\"/>\u00b0C). bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>time q<span class=\"_ _5\"/>ue ces di<span class=\"_ _5\"/>vers<span class=\"_ _5\"/>es init<span class=\"_ _5\"/>iative<span class=\"_ _5\"/>s ver<span class=\"_ _5\"/>tes</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cont<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>eront \u00e0 l'effo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>t mondia<span class=\"_ _5\"/>l visa<span class=\"_ _5\"/>nt \u00e0 r\u00e9du<span class=\"_ _5\"/>ire le chan<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t climati<span class=\"_ _5\"/>que et l'appa<span class=\"_ _5\"/>riti<span class=\"_ _5\"/>on de ph<span class=\"_ _5\"/>\u00e9nom<span class=\"_ _5\"/>\u00e8nes na<span class=\"_ _5\"/>turel<span class=\"_ _5\"/>s ex<span class=\"_ _5\"/>tr\u00ea<span class=\"_ _5\"/>mes<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Out<span class=\"_ _5\"/>re l\u2019augme<span class=\"_ _5\"/>ntati<span class=\"_ _5\"/>on de la fr<span class=\"_ _5\"/>\u00e9que<span class=\"_ _5\"/>nce des c<span class=\"_ _5\"/>atas<span class=\"_ _5\"/>tro<span class=\"_ _5\"/>phes n<span class=\"_ _5\"/>aturell<span class=\"_ _5\"/>es et de<span class=\"_ _5\"/>s prob<span class=\"_ _5\"/>l\u00e8me<span class=\"_ _5\"/>s de sant<span class=\"_ _5\"/>\u00e9, qui so<span class=\"_ _5\"/>nt ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>s au chang<span class=\"_ _5\"/>ement c<span class=\"_ _5\"/>limati<span class=\"_ _5\"/>que et</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">qui p<span class=\"_ _5\"/>ourr<span class=\"_ _5\"/>aient a<span class=\"_ _5\"/>ffec<span class=\"_ _5\"/>ter nos o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s, on s\u2019at<span class=\"_ _5\"/>tend aus<span class=\"_ _5\"/>si \u00e0 ce qu<span class=\"_ _5\"/>e les ta<span class=\"_ _5\"/>xes ca<span class=\"_ _5\"/>rbo<span class=\"_ _5\"/>ne, les s<span class=\"_ _5\"/>ys<span class=\"_ _5\"/>t\u00e8me<span class=\"_ _5\"/>s d\u2019<span class=\"_ _d\"/>\u00e9c<span class=\"_ _5\"/>hange de qu<span class=\"_ _5\"/>otas d<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>\u00e9<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ion et le<span class=\"_ _5\"/>s tax<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur le<span class=\"_ _5\"/>s car<span class=\"_ _5\"/>bura<span class=\"_ _5\"/>nts s<span class=\"_ _5\"/>oient p<span class=\"_ _5\"/>r\u00e9do<span class=\"_ _5\"/>minant<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s r\u00e9gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns \u00e0 venir, alors q<span class=\"_ _5\"/>ue l\u2019<span class=\"_ _d\"/>on co<span class=\"_ _5\"/>nst<span class=\"_ _5\"/>ate une hau<span class=\"_ _5\"/>sse s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>ive du pr<span class=\"_ _5\"/>ix du SEQE d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'UE de<span class=\"_ _5\"/>puis l\u2019autom<span class=\"_ _5\"/>ne 2021. L<span class=\"_ _5\"/>e pri<span class=\"_ _5\"/>x moyen du c<span class=\"_ _5\"/>arb<span class=\"_ _5\"/>one es<span class=\"_ _5\"/>t sus<span class=\"_ _5\"/>ceptib<span class=\"_ _5\"/>le d'augmen<span class=\"_ _5\"/>ter jus<span class=\"_ _5\"/>qu\u2019\u00e0 attei<span class=\"_ _5\"/>ndre 10<span class=\"_ _5\"/>0 \u00e0 120 EUR par to<span class=\"_ _5\"/>nne m\u00e9<span class=\"_ _5\"/>triq<span class=\"_ _5\"/>ue d'ici</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">203<span class=\"_ _5\"/>0. En outr<span class=\"_ _5\"/>e, l'UE pr\u00e9<span class=\"_ _5\"/>voit \u00e9g<span class=\"_ _5\"/>aleme<span class=\"_ _5\"/>nt d'inclu<span class=\"_ _5\"/>re le se<span class=\"_ _5\"/>cteu<span class=\"_ _5\"/>r des tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>ans le SEQE de l'<span class=\"_ _5\"/>UE, ce qui au<span class=\"_ _5\"/>ra un impa<span class=\"_ _5\"/>ct pl<span class=\"_ _5\"/>us direc<span class=\"_ _5\"/>t sur n<span class=\"_ _5\"/>os co\u00fbt<span class=\"_ _5\"/>s,</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">not<span class=\"_ _5\"/>ammen<span class=\"_ _5\"/>t en ce qui con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>e les car<span class=\"_ _5\"/>bur<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s \u00e0 par<span class=\"_ _5\"/>tir de 20<span class=\"_ _5\"/>27<span class=\"_ _1\"/>.</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les e<span class=\"_ _5\"/>ffet<span class=\"_ _5\"/>s de la ha<span class=\"_ _5\"/>uss<span class=\"_ _5\"/>e des pr<span class=\"_ _5\"/>ix du c<span class=\"_ _5\"/>arbo<span class=\"_ _5\"/>ne sur le<span class=\"_ _5\"/>s entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses s<span class=\"_ _5\"/>eront \u00e0 l<span class=\"_ _5\"/>a fois dy<span class=\"_ _5\"/>namiqu<span class=\"_ _5\"/>es et com<span class=\"_ _5\"/>plexe<span class=\"_ _5\"/>s :</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ls7 ws8\">Les co\u00fb<span class=\"_ _d\"/>t<span class=\"_ _5\"/>s<span class=\"_ _d\"/> des entreprises augment<span class=\"_ _d\"/>eront proportionnellement<span class=\"_ _d\"/> aux \u00e9missions<span class=\"_ _d\"/> totales<span class=\"_ _d\"/> qu'<span class=\"_ _d\"/>elles g<span class=\"_ _d\"/>\u00e9n\u00e8rent et \u00e9v<span class=\"_ _d\"/>entuellement<span class=\"_ _d\"/> \u00e0 cell<span class=\"_ _d\"/>es de leu<span class=\"_ _d\"/>rs </span></div>\n<div class=\"t m0 x2a h8 y56 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">fourni<span class=\"_ _5\"/>sseur<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les p<span class=\"_ _5\"/>rix d<span class=\"_ _5\"/>e vente so<span class=\"_ _5\"/>nt susce<span class=\"_ _5\"/>ptib<span class=\"_ _5\"/>les d'augme<span class=\"_ _5\"/>nter en v<span class=\"_ _5\"/>ue de com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>er les a<span class=\"_ _5\"/>ugmen<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>ns de co\u00fb<span class=\"_ _5\"/>ts au n<span class=\"_ _5\"/>iveau du s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>teur.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>La d<span class=\"_ _5\"/>emand<span class=\"_ _5\"/>e peut d<span class=\"_ _5\"/>iminuer e<span class=\"_ _5\"/>n rais<span class=\"_ _5\"/>on de la s<span class=\"_ _5\"/>ensib<span class=\"_ _5\"/>ilit\u00e9 de<span class=\"_ _5\"/>s client<span class=\"_ _5\"/>s au<span class=\"_ _5\"/>x prix s<span class=\"_ _5\"/>ur chaqu<span class=\"_ _5\"/>e march<span class=\"_ _5\"/>\u00e9 affec<span class=\"_ _5\"/>t\u00e9, ce qui r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>ait les v<span class=\"_ _5\"/>entes e<span class=\"_ _5\"/>t les co\u00fb<span class=\"_ _5\"/>ts</div>\n<div class=\"t m0 x2a h8 y59 ff4 fs3 fc2 sc0 ls58 ws69\" style=\"z-index: 15;\">des en<span class=\"_ _d\"/>treprises.</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st sur<span class=\"_ _5\"/>ve<span class=\"_ _5\"/>ille le ri<span class=\"_ _5\"/>sque li<span class=\"_ _5\"/>\u00e9 au pri<span class=\"_ _5\"/>x du car<span class=\"_ _5\"/>bon<span class=\"_ _5\"/>e et pre<span class=\"_ _5\"/>nd des m<span class=\"_ _5\"/>esure<span class=\"_ _5\"/>s pour r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>e son em<span class=\"_ _5\"/>preinte c<span class=\"_ _5\"/>arb<span class=\"_ _5\"/>one dan<span class=\"_ _5\"/>s le cadr<span class=\"_ _5\"/>e de la st<span class=\"_ _5\"/>rat\u00e9<span class=\"_ _5\"/>gie de</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dur<span class=\"_ _5\"/>abilit\u00e9 du g<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>e. En int\u00e9g<span class=\"_ _5\"/>rant le<span class=\"_ _5\"/>s pr\u00e9v<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>s quant au pr<span class=\"_ _5\"/>ix du c<span class=\"_ _5\"/>arbo<span class=\"_ _5\"/>ne et le<span class=\"_ _5\"/>s pri<span class=\"_ _5\"/>x intern<span class=\"_ _5\"/>es es<span class=\"_ _5\"/>tim<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r le car<span class=\"_ _5\"/>bone<span class=\"_ _5\"/>, bpos<span class=\"_ _5\"/>t peu<span class=\"_ _5\"/>t antici<span class=\"_ _5\"/>per le</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">co\u00fbt d<span class=\"_ _5\"/>e l'intensi<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es r\u00e9g<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>ns en mat<span class=\"_ _5\"/>i\u00e8re d<span class=\"_ _5\"/>e carb<span class=\"_ _5\"/>one e<span class=\"_ _5\"/>t s'<span class=\"_ _d\"/>adap<span class=\"_ _5\"/>ter aux a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s d'une \u00e9co<span class=\"_ _5\"/>nomie \u00e0 f<span class=\"_ _5\"/>aible \u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>on en ca<span class=\"_ _5\"/>rbo<span class=\"_ _5\"/>ne.</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Out<span class=\"_ _5\"/>re les p<span class=\"_ _5\"/>r\u00e9vis<span class=\"_ _5\"/>ions qua<span class=\"_ _5\"/>nt \u00e0 la tar<span class=\"_ _5\"/>if<span class=\"_ _5\"/>icati<span class=\"_ _5\"/>on du car<span class=\"_ _5\"/>bon<span class=\"_ _5\"/>e, bpo<span class=\"_ _5\"/>st s'effor<span class=\"_ _5\"/>ce \u00e9gale<span class=\"_ _5\"/>ment de r<span class=\"_ _5\"/>\u00e9duir<span class=\"_ _5\"/>e eff<span class=\"_ _5\"/>icace<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>es \u00e9mi<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns. Co<span class=\"_ _5\"/>nscie<span class=\"_ _5\"/>nte de l'im<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pac<span class=\"_ _5\"/>t \u00e9col<span class=\"_ _5\"/>ogique i<span class=\"_ _5\"/>nduit pa<span class=\"_ _5\"/>r la crois<span class=\"_ _5\"/>san<span class=\"_ _5\"/>ce de la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n des col<span class=\"_ _5\"/>is, bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>st f<span class=\"_ _5\"/>ix\u00e9 po<span class=\"_ _5\"/>ur obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if en ter<span class=\"_ _5\"/>mes de r<span class=\"_ _5\"/>\u00e9duc<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n des \u00e9m<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>ons de CO2</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de dimi<span class=\"_ _5\"/>nuer de 5<span class=\"_ _5\"/>5% les \u00e9<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ions \u00e9m<span class=\"_ _5\"/>anant de<span class=\"_ _5\"/>s op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns prop<span class=\"_ _5\"/>res \u00e0 l'ens<span class=\"_ _5\"/>emble d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>tgr<span class=\"_ _5\"/>oup d'ici 20<span class=\"_ _5\"/>30, par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>t \u00e0 20<span class=\"_ _d\"/>19 (conf<span class=\"_ _5\"/>orm\u00e9<span class=\"_ _5\"/>ment</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 la tr<span class=\"_ _5\"/>ajec<span class=\"_ _5\"/>toire d<span class=\"_ _5\"/>e 1,<span class=\"_ _5\"/>5 degr\u00e9 C<span class=\"_ _5\"/>elsi<span class=\"_ _5\"/>us de la Sc<span class=\"_ _5\"/>ience<span class=\"_ _5\"/>-<span class=\"_ _5\"/>Base<span class=\"_ _5\"/>d T<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>get<span class=\"_ _5\"/>s Initiat<span class=\"_ _5\"/>ive et a<span class=\"_ _5\"/>ux obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ifs cli<span class=\"_ _5\"/>matiqu<span class=\"_ _5\"/>es de l'Accord de P<span class=\"_ _5\"/>aris). Pour at<span class=\"_ _5\"/>tein<span class=\"_ _5\"/>dre cet</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">obje<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if, bpos<span class=\"_ _5\"/>t pas<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>a, ent<span class=\"_ _5\"/>re autr<span class=\"_ _5\"/>es, \u00e0 d<span class=\"_ _5\"/>es ca<span class=\"_ _5\"/>mionne<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s 100<span class=\"_ _5\"/>% \u00e9lec<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>iques (<span class=\"_ _5\"/>peti<span class=\"_ _5\"/>tes, m<span class=\"_ _5\"/>oyenn<span class=\"_ _5\"/>es et gr<span class=\"_ _5\"/>ande<span class=\"_ _5\"/>s) d'ici 203<span class=\"_ _5\"/>0.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 237px; height: 845px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag482": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Risque de cr<span class=\"_ _d\"/>\u00e9dit</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st es<span class=\"_ _5\"/>t ex<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>e aux r<span class=\"_ _5\"/>isqu<span class=\"_ _5\"/>es de cr\u00e9<span class=\"_ _5\"/>dit dan<span class=\"_ _5\"/>s ses ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>vit\u00e9s o<span class=\"_ _5\"/>p\u00e9r<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>nelle<span class=\"_ _5\"/>s, dans l<span class=\"_ _5\"/>e placem<span class=\"_ _5\"/>ent et l<span class=\"_ _5\"/>a gest<span class=\"_ _5\"/>ion de s<span class=\"_ _5\"/>es liqu<span class=\"_ _5\"/>idit\u00e9s (b<span class=\"_ _5\"/>anca<span class=\"_ _5\"/>ires).</div>\n<div class=\"t m0 x7 hb y84 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Au 31<span class=\"_ _d\"/> d\u00e9cembre</div>\n<div class=\"t m0 x7 hc ydd2 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ydd5 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>r\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>t \u00e9qu<span class=\"_ _5\"/>ivale<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>e<span class=\"_ _27d\"> </span><span class=\"ls14 ws16\">1.051,0<span class=\"_ _130\"> </span><span class=\"ls12 ws14\">9<span class=\"_ _2\"/>0<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>5</span></span></div>\n<div class=\"t m0 x7 hd ydd6 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Cr\u00e9ances commerciales et autres cr\u00e9ances<span class=\"_ _27e\"> </span><span class=\"ls0 ws0\">871,<span class=\"_ _5\"/>0<span class=\"_ _134\"> </span><span class=\"ls18 ws1a\">8<span class=\"_ _5\"/>30,2</span></span></div>\n<div class=\"t m0 x7 hd ydd7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Aut<span class=\"_ _5\"/>res c<span class=\"_ _5\"/>r\u00e9an<span class=\"_ _5\"/>ces ex<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>\u00e9es \u00e0 u<span class=\"_ _5\"/>n ris<span class=\"_ _5\"/>que de c<span class=\"_ _5\"/>r\u00e9di<span class=\"_ _5\"/>t<span class=\"_ _5e\"> </span><span class=\"lsbc ws51\">41,<span class=\"_ _5\"/>4<span class=\"_ _1d7\"> </span><span class=\"ls12 ws14\">7<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>4</span></span></div>\n<div class=\"t m0 x7 h35 ydd8 ff8 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Do<span class=\"_ _5\"/>nt pr\u00eat \u00e0 un<span class=\"_ _5\"/>e entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>se ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>e<span class=\"_ _27f\" style=\"margin-left: -39px;\"> </span><span class=\"ff4 ls18 ws1a\">0,0<span class=\"_ _1de\"> </span><span class=\"ls7 ws8\">25,0</span></span></div>\n<div class=\"t m0 x7 hf ydd9 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ACTIF<span class=\"_ _d\"/>S FINANCIERS: RISQUE DE CREDIT</div>\n<div class=\"t m0 x27 h1b ydda ff7 fs8 fc3 sc0 ls25 ws27\" style=\"z-index: 15;\">1.96<span class=\"_ _5\"/>3,3<span class=\"_ _e2\"> </span><span class=\"ls14 ws16\">1<span class=\"_ _5\"/>.84<span class=\"_ _5\"/>0,0</span></div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 11 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2019, bpos<span class=\"_ _5\"/>t a accord<span class=\"_ _5\"/>\u00e9 \u00e0 bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que un emp<span class=\"_ _5\"/>runt su<span class=\"_ _5\"/>bord<span class=\"_ _5\"/>onn\u00e9 s\u2019\u00e9lev<span class=\"_ _5\"/>ant \u00e0 25<span class=\"_ _5\"/>,0 mEUR<span class=\"_ _5\"/>, dont la ma<span class=\"_ _5\"/>turit\u00e9 e<span class=\"_ _5\"/>st de 10 a<span class=\"_ _5\"/>ns et ave<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une p<span class=\"_ _5\"/>remi\u00e8<span class=\"_ _5\"/>re date d\u2019exerc<span class=\"_ _5\"/>ice de l\u2019optio<span class=\"_ _5\"/>n de rac<span class=\"_ _5\"/>hat apr\u00e8<span class=\"_ _5\"/>s 5 ans<span class=\"_ _5\"/>. En tant qu<span class=\"_ _5\"/>e telle, ce<span class=\"_ _5\"/>tte de<span class=\"_ _5\"/>tte s<span class=\"_ _5\"/>e clas<span class=\"_ _5\"/>se ap<span class=\"_ _5\"/>r\u00e8s le<span class=\"_ _5\"/>s autre<span class=\"_ _5\"/>s det<span class=\"_ _5\"/>tes si b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dev<span class=\"_ _5\"/>ait tomb<span class=\"_ _5\"/>er en li<span class=\"_ _5\"/>quidati<span class=\"_ _5\"/>on ou en f<span class=\"_ _5\"/>aillite. C<span class=\"_ _5\"/>et emp<span class=\"_ _5\"/>runt a \u00e9<span class=\"_ _5\"/>t\u00e9 remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>\u00e9 le 3 janvie<span class=\"_ _5\"/>r 2022<span class=\"_ _5\"/>, para<span class=\"_ _5\"/>ll\u00e8lem<span class=\"_ _5\"/>ent \u00e0 la f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tra<span class=\"_ _5\"/>nsac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n par</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">laqu<span class=\"_ _5\"/>elle BN<span class=\"_ _5\"/>PPF a acquis l<span class=\"_ _5\"/>es 50<span class=\"_ _5\"/>% de par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cipati<span class=\"_ _5\"/>ons de bp<span class=\"_ _5\"/>ost da<span class=\"_ _5\"/>ns bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que.</div>\n<div class=\"t m0 x5 hb y9 ff7 fs6 fc3 sc0 ls1e wsd6\" style=\"z-index: 15;\">Activit\u00e9s op\u00e9rationnelles</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e cr\u00e9di<span class=\"_ _5\"/>t ne conce<span class=\"_ _5\"/>rne pa<span class=\"_ _5\"/>r d\u00e9f<span class=\"_ _5\"/>initio<span class=\"_ _5\"/>n que la par<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9s de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t qui ne so<span class=\"_ _5\"/>nt pas pay\u00e9<span class=\"_ _5\"/>es \u201cau comp<span class=\"_ _5\"/>tant<span class=\"_ _5\"/>\u201d<span class=\"_ _d\"/>. bpo<span class=\"_ _5\"/>st S<span class=\"_ _5\"/>A g\u00e8re de ma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ni\u00e8r<span class=\"_ _5\"/>e ac<span class=\"_ _5\"/>tive so<span class=\"_ _5\"/>n exp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on au ri<span class=\"_ _5\"/>sque de c<span class=\"_ _5\"/>r\u00e9dit e<span class=\"_ _5\"/>n analy<span class=\"_ _5\"/>sant la s<span class=\"_ _5\"/>olva<span class=\"_ _5\"/>bilit\u00e9 de s<span class=\"_ _5\"/>es cli<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s. Cel<span class=\"_ _5\"/>a se tr<span class=\"_ _5\"/>aduit pa<span class=\"_ _5\"/>r un clas<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>ent cr\u00e9<span class=\"_ _5\"/>dit et un<span class=\"_ _5\"/>e limite</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de cr<span class=\"_ _5\"/>\u00e9dit<span class=\"_ _5\"/>.</div>\n\n<div/>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st S<span class=\"_ _5\"/>A compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e sur toute<span class=\"_ _5\"/>s ses c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s une prov<span class=\"_ _5\"/>ision p<span class=\"_ _5\"/>our pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues ba<span class=\"_ _5\"/>s\u00e9e s<span class=\"_ _5\"/>ur le mod<span class=\"_ _5\"/>\u00e8le de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>es sur la d<span class=\"_ _5\"/>ur\u00e9e de v<span class=\"_ _5\"/>ie. Etan<span class=\"_ _5\"/>t donn\u00e9 q<span class=\"_ _5\"/>ue les cr<span class=\"_ _5\"/>\u00e9ances co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ciales n<span class=\"_ _5\"/>e contie<span class=\"_ _5\"/>nnent p<span class=\"_ _5\"/>as de comp<span class=\"_ _5\"/>osan<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>\u00e8res si<span class=\"_ _5\"/>gnif<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>es, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a opt\u00e9 po<span class=\"_ _5\"/>ur l\u2019<span class=\"_ _d\"/>app<span class=\"_ _5\"/>roch<span class=\"_ _5\"/>e simplif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>e pour c<span class=\"_ _5\"/>alcule<span class=\"_ _5\"/>r le taux p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e credi<span class=\"_ _5\"/>t atte<span class=\"_ _5\"/>ndue gr<span class=\"_ _5\"/>\u00e2ce \u00e0 l\u2019util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on d\u2019une mat<span class=\"_ _5\"/>rice, b<span class=\"_ _5\"/>as\u00e9<span class=\"_ _5\"/>e sur les</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tau<span class=\"_ _5\"/>x his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ues de d\u00e9<span class=\"_ _5\"/>faut a<span class=\"_ _5\"/>dapt\u00e9<span class=\"_ _5\"/>s aux info<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>ions ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lles et p<span class=\"_ _5\"/>rosp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau su<span class=\"_ _5\"/>ivant p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nte les m<span class=\"_ _5\"/>ouvem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de prov<span class=\"_ _5\"/>ision p<span class=\"_ _5\"/>our pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues :</div>\n<div class=\"t m0 x7 hc yddb ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hf yddc ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yddd ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yddc ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER</div>\n<div class=\"t m0 x170 h1b ydde ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">22,0<span class=\"_ _1f5\"> </span>2<span class=\"_ _5\"/>4,8</div>\n<div class=\"t m0 x7 hd yddf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s de val<span class=\"_ _5\"/>eur<span class=\"_ _5\"/>: dotat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s via reg<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s d'entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses</div>\n<div class=\"t m0 x108 hd yde0 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,8<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>5)</span></div>\n<div class=\"t m0 x7 hd yde1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: dotation<span class=\"_ _25a\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>9<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">1,7</span></span></div>\n<div class=\"t m0 x7 hd yde2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: utilisation<span class=\"_ _168\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>)<span class=\"_ _23\"> </span>(1,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x7 hd yde3 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: repris<span class=\"_ _5\"/>e<span class=\"_ _112\"> </span><span class=\"ls42 ws4c\">(2,7)<span class=\"_ _1e2\"> </span><span class=\"ls0 ws0\">(2,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7 hd yde4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: \u00e9car<span class=\"_ _5\"/>ts de conversion<span class=\"_ _22d\"> </span><span class=\"ls22 ws24\">(0,<span class=\"_ _5\"/>3)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,5</span></span></div>\n<div class=\"t m0 x7 hf yde5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x55 h1b yde6 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">3<span class=\"_ _5\"/>7,7<span class=\"_ _23\"> </span><span class=\"ls1d ws1f\">22,0</span></div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019analy<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s balance<span class=\"_ _5\"/>s \u00e2g\u00e9e<span class=\"_ _5\"/>s des cr<span class=\"_ _5\"/>\u00e9ance<span class=\"_ _5\"/>s commer<span class=\"_ _5\"/>ciales e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xposi<span class=\"_ _5\"/>tion au r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ue de cr\u00e9<span class=\"_ _5\"/>dit se<span class=\"_ _5\"/>lon la matr<span class=\"_ _5\"/>ice de p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on se pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nte comme</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">suit :</div>\n<div class=\"t m0 x12 hc yb28 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JO<span class=\"_ _5\"/>URS D<span class=\"_ _5\"/>E RETA<span class=\"_ _5\"/>RD</div>\n<div class=\"t m0 x7 hc yde7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _280\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>T<span class=\"_ _6e\"> </span></span><span class=\"ff7\">&lt;<span class=\"_ _5\"/>60 JO<span class=\"_ _5\"/>URS<span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>0-1<span class=\"_ _5\"/>20 JO<span class=\"_ _5\"/>URS<span class=\"_ _8e\"> </span>&gt;12<span class=\"_ _5\"/>0 JOU<span class=\"_ _5\"/>RS</span></div>\n<div class=\"t m0 x9a hc yde8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SO<span class=\"_ _5\"/>LDE S<span class=\"_ _5\"/>GEI PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x14c hc yde7 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DEFAUT<span class=\"_ _138\"> </span><span class=\"ff5 fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf yde9 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x7 hd ydea ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>e bru<span class=\"_ _5\"/>te tota<span class=\"_ _5\"/>le es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>e en ca<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x7 hd ydeb ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">d\u00e9faut</div>\n<div class=\"t m0 x116 hd ydea ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">803,<span class=\"_ _5\"/>5<span class=\"_ _1cb\"> </span><span class=\"ls17 ws19\">2<span class=\"_ _5\"/>9,8<span class=\"_ _ea\"> </span><span class=\"ls26 ws28\">3,8<span class=\"_ _ea\"> </span><span class=\"ls2e ws30\">8,5<span class=\"_ _ea\"> </span><span class=\"ls1d ws1f\">6,5<span class=\"_ _254\"> </span><span class=\"ls1f ws21\">8<span class=\"_ _5\"/>52,2</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ydec ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e cr\u00e9d<span class=\"_ _5\"/>it at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>u<span class=\"_ _281\"> </span><span class=\"ls1a ws1c\">0,4%<span class=\"_ _282\"> </span><span class=\"ls14 ws16\">12,<span class=\"_ _5\"/>5%<span class=\"_ _282\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>0%<span class=\"_ _282\"> </span><span class=\"ls25 ws27\">98,0<span class=\"_ _5\"/>%<span class=\"_ _21d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yded ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n pou<span class=\"_ _5\"/>r per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues<span class=\"_ _27\"> </span>(2<span class=\"_ _5\"/>,9)<span class=\"_ _1cb\"> </span><span class=\"ls1b ws1d\">(3<span class=\"_ _5\"/>,7)<span class=\"_ _1cb\"> </span></span>(0,<span class=\"_ _5\"/>5)<span class=\"_ _1cb\"> </span><span class=\"ls22 ws24\">(8,<span class=\"_ _5\"/>4)<span class=\"_ _283\"> </span><span class=\"ls2b ws2d\">(6,<span class=\"_ _5\"/>5)<span class=\"_ _dd\"> </span><span class=\"ls17 ws19\">(22<span class=\"_ _5\"/>,0)</span></span></span></div>\n<div class=\"t m0 x7 hf ydee ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET FR<span class=\"_ _d\"/>AIS TERMINAUX</div>\n<div class=\"t m0 x5a h1b ydef ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">80<span class=\"_ _5\"/>0,6<span class=\"_ _b3\"> </span><span class=\"ls7 ws8\">26,<span class=\"_ _5\"/>1<span class=\"_ _107\"> </span><span class=\"ls25 ws27\">3,3<span class=\"_ _7e\"> </span></span></span>0,2<span class=\"_ _7e\"> </span>0,0<span class=\"_ _206\"> </span>830,<span class=\"_ _5\"/>2</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 181px; height: 496px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 181px; height: 496px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 181px; height: 901px; width: 90%; z-index: 4;\"><br/></div>\n\n<div><br/></div>\n\n<div/>\n<div><br/></div>\n\n<div class=\"t m0 x12 hc ydf0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JO<span class=\"_ _5\"/>URS D<span class=\"_ _5\"/>E RETA<span class=\"_ _5\"/>RD</div>\n<div class=\"t m0 x7 hc ydf1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _280\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>T<span class=\"_ _6e\"> </span></span><span class=\"ff7\">&lt;<span class=\"_ _5\"/>60 JO<span class=\"_ _5\"/>URS<span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>0-1<span class=\"_ _5\"/>20 JO<span class=\"_ _5\"/>URS<span class=\"_ _8e\"> </span>&gt;12<span class=\"_ _5\"/>0 JOU<span class=\"_ _5\"/>RS</span></div>\n<div class=\"t m0 x9a hc ydf2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SO<span class=\"_ _5\"/>LDE S<span class=\"_ _5\"/>GEI PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x14c hc ydf1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DEFAUT<span class=\"_ _138\"> </span><span class=\"ff5 fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf ydf3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x7 hd ydf4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>e bru<span class=\"_ _5\"/>te tota<span class=\"_ _5\"/>le es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>e en ca<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x7 hd ydf5 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">d\u00e9faut</div>\n<div class=\"t m0 x116 hd ydf4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">83<span class=\"_ _5\"/>0,0<span class=\"_ _1cb\"> </span><span class=\"ls2e ws30\">48,8<span class=\"_ _ea\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>8<span class=\"_ _1cc\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>,4<span class=\"_ _13d\"> </span></span></span></span>90<span class=\"_ _5\"/>0,0</div>\n<div class=\"t m0 x7 hd ydf6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e cr\u00e9d<span class=\"_ _5\"/>it at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>u<span class=\"_ _281\"> </span><span class=\"ls18 ws1a\">0,0%<span class=\"_ _282\"> </span><span class=\"ls14 ws16\">21,6%<span class=\"_ _282\"> </span><span class=\"ls1f ws21\">43,8<span class=\"_ _5\"/>%<span class=\"_ _7f\"> </span><span class=\"ls17 ws19\">99,<span class=\"_ _5\"/>9%</span></span></span></span></div>\n<div class=\"t m0 x7 hd ydf7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n pou<span class=\"_ _5\"/>r per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues<span class=\"_ _16b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _94\"> </span><span class=\"ls1b ws1d\">(10,<span class=\"_ _5\"/>6)<span class=\"_ _1cb\"> </span><span class=\"ls90 wsa4\">(2<span class=\"_ _5\"/>,1)<span class=\"_ _254\"> </span><span class=\"ls22 ws24\">(16<span class=\"_ _5\"/>,4)<span class=\"_ _40\"> </span><span class=\"ls17 ws19\">(29,0)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ydf8 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET TERMINAL DUES</div>\n<div class=\"t m0 x5a h1b ydf9 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">830,0<span class=\"_ _b3\"> </span><span class=\"ls49 ws57\">38,2<span class=\"_ _7e\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>,7<span class=\"_ _7e\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _284\"> </span><span class=\"ls1a ws1c\">871,<span class=\"_ _5\"/>0</span></span></span></span></div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te de cr\u00e9<span class=\"_ _5\"/>dit es<span class=\"_ _5\"/>compt\u00e9 a aug<span class=\"_ _5\"/>ment\u00e9 e<span class=\"_ _5\"/>n 2022 p<span class=\"_ _5\"/>ar rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t \u00e0 2021<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>ue \u00e0 des li<span class=\"_ _5\"/>tiges av<span class=\"_ _5\"/>ec</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>s r\u00e9<span class=\"_ _5\"/>sili\u00e9s c<span class=\"_ _5\"/>hez Ra<span class=\"_ _5\"/>dial Nor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>h Amer<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>. La pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes de c<span class=\"_ _5\"/>r\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>d la supe<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n de la COVI<span class=\"_ _5\"/>D-19 et de l<span class=\"_ _5\"/>a</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cri<span class=\"_ _5\"/>se \u00e9n<span class=\"_ _5\"/>erg\u00e9t<span class=\"_ _5\"/>ique su<span class=\"_ _5\"/>r la base d<span class=\"_ _5\"/>e la nota<span class=\"_ _5\"/>tion de c<span class=\"_ _5\"/>r\u00e9dit d<span class=\"_ _5\"/>u client f<span class=\"_ _5\"/>ourni<span class=\"_ _5\"/>e par une age<span class=\"_ _5\"/>nce de no<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 837px; height: 247px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 837px; height: 247px; width: 88%; z-index: 5;\"><br/></div>\n\n<div class=\"t m0 x5 h7 y7 ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">Placement<span class=\"_ _d\"/> des liquidit\u00e9s</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En ce qui con<span class=\"_ _5\"/>cern<span class=\"_ _5\"/>e le place<span class=\"_ _5\"/>ment pa<span class=\"_ _5\"/>r bpos<span class=\"_ _5\"/>t de se<span class=\"_ _5\"/>s liquidi<span class=\"_ _5\"/>t\u00e9s, l<span class=\"_ _5\"/>esqu<span class=\"_ _5\"/>elles in<span class=\"_ _5\"/>cluen<span class=\"_ _5\"/>t la tr\u00e9s<span class=\"_ _5\"/>ore<span class=\"_ _5\"/>rie et le<span class=\"_ _5\"/>s \u00e9qui<span class=\"_ _5\"/>valen<span class=\"_ _5\"/>ts de t<span class=\"_ _5\"/>r\u00e9s<span class=\"_ _5\"/>orer<span class=\"_ _5\"/>ie ainsi q<span class=\"_ _5\"/>ue les t<span class=\"_ _5\"/>itres</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de pla<span class=\"_ _5\"/>ceme<span class=\"_ _5\"/>nt, l\u2019exp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>n au ris<span class=\"_ _5\"/>que de c<span class=\"_ _5\"/>r\u00e9dit r<span class=\"_ _5\"/>\u00e9sulte d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>un ma<span class=\"_ _5\"/>nquem<span class=\"_ _5\"/>ent de la p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie ad<span class=\"_ _5\"/>vers<span class=\"_ _5\"/>e, l\u2019expo<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n maxima<span class=\"_ _5\"/>le corr<span class=\"_ _5\"/>espo<span class=\"_ _5\"/>ndant \u00e0 la v<span class=\"_ _5\"/>aleur</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>table d<span class=\"_ _5\"/>e ces ins<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 747px; height: 337px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag478": {
   "value": "\n<div/>\n<div><br/></div>\n\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st S<span class=\"_ _5\"/>A compt<span class=\"_ _5\"/>abilis<span class=\"_ _5\"/>e sur toute<span class=\"_ _5\"/>s ses c<span class=\"_ _5\"/>r\u00e9ance<span class=\"_ _5\"/>s comme<span class=\"_ _5\"/>rciale<span class=\"_ _5\"/>s une prov<span class=\"_ _5\"/>ision p<span class=\"_ _5\"/>our pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues ba<span class=\"_ _5\"/>s\u00e9e s<span class=\"_ _5\"/>ur le mod<span class=\"_ _5\"/>\u00e8le de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>tendu<span class=\"_ _5\"/>es sur la d<span class=\"_ _5\"/>ur\u00e9e de v<span class=\"_ _5\"/>ie. Etan<span class=\"_ _5\"/>t donn\u00e9 q<span class=\"_ _5\"/>ue les cr<span class=\"_ _5\"/>\u00e9ances co<span class=\"_ _5\"/>mmer<span class=\"_ _5\"/>ciales n<span class=\"_ _5\"/>e contie<span class=\"_ _5\"/>nnent p<span class=\"_ _5\"/>as de comp<span class=\"_ _5\"/>osan<span class=\"_ _5\"/>tes f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>\u00e8res si<span class=\"_ _5\"/>gnif<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>es, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a opt\u00e9 po<span class=\"_ _5\"/>ur l\u2019<span class=\"_ _d\"/>app<span class=\"_ _5\"/>roch<span class=\"_ _5\"/>e simplif<span class=\"_ _5\"/>i\u00e9<span class=\"_ _5\"/>e pour c<span class=\"_ _5\"/>alcule<span class=\"_ _5\"/>r le taux p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e credi<span class=\"_ _5\"/>t atte<span class=\"_ _5\"/>ndue gr<span class=\"_ _5\"/>\u00e2ce \u00e0 l\u2019util<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on d\u2019une mat<span class=\"_ _5\"/>rice, b<span class=\"_ _5\"/>as\u00e9<span class=\"_ _5\"/>e sur les</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tau<span class=\"_ _5\"/>x his<span class=\"_ _5\"/>toriq<span class=\"_ _5\"/>ues de d\u00e9<span class=\"_ _5\"/>faut a<span class=\"_ _5\"/>dapt\u00e9<span class=\"_ _5\"/>s aux info<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>ions ac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lles et p<span class=\"_ _5\"/>rosp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>bleau su<span class=\"_ _5\"/>ivant p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nte les m<span class=\"_ _5\"/>ouvem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de prov<span class=\"_ _5\"/>ision p<span class=\"_ _5\"/>our pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tes de cr<span class=\"_ _5\"/>\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues :</div>\n<div class=\"t m0 x7 hc yddb ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _216\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _23\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hf yddc ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 1</div>\n<div class=\"t m0 x83 h22 yddd ff5 fs14 fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">ER</div>\n<div class=\"t m0 x71 hf yddc ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\"> JANVIER</div>\n<div class=\"t m0 x170 h1b ydde ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">22,0<span class=\"_ _1f5\"> </span>2<span class=\"_ _5\"/>4,8</div>\n<div class=\"t m0 x7 hd yddf ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">R\u00e9<span class=\"_ _5\"/>duc<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s de val<span class=\"_ _5\"/>eur<span class=\"_ _5\"/>: dotat<span class=\"_ _5\"/>ion<span class=\"_ _5\"/>s via reg<span class=\"_ _5\"/>roup<span class=\"_ _5\"/>eme<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s d'entre<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>ses</div>\n<div class=\"t m0 x108 hd yde0 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">0,8<span class=\"_ _23\"> </span><span class=\"ls1b ws1d\">(1,<span class=\"_ _5\"/>5)</span></div>\n<div class=\"t m0 x7 hd yde1 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: dotation<span class=\"_ _25a\"> </span><span class=\"ls28 ws2a\">18,<span class=\"_ _5\"/>9<span class=\"_ _1e0\"> </span><span class=\"ls1b ws1d\">1,7</span></span></div>\n<div class=\"t m0 x7 hd yde2 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: utilisation<span class=\"_ _168\"> </span><span class=\"ls1b ws1d\">(1<span class=\"_ _5\"/>,0<span class=\"_ _5\"/>)<span class=\"_ _23\"> </span>(1,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x7 hd yde3 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: repris<span class=\"_ _5\"/>e<span class=\"_ _112\"> </span><span class=\"ls42 ws4c\">(2,7)<span class=\"_ _1e2\"> </span><span class=\"ls0 ws0\">(2,<span class=\"_ _5\"/>2)</span></span></div>\n<div class=\"t m0 x7 hd yde4 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">R\u00e9duct<span class=\"_ _5\"/>ions de<span class=\"_ _d\"/> valeur: \u00e9car<span class=\"_ _5\"/>ts de conversion<span class=\"_ _22d\"> </span><span class=\"ls22 ws24\">(0,<span class=\"_ _5\"/>3)<span class=\"_ _1e0\"> </span><span class=\"ls18 ws1a\">0,5</span></span></div>\n<div class=\"t m0 x7 hf yde5 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE</div>\n<div class=\"t m0 x55 h1b yde6 ff7 fs8 fc3 sc0 lsd2 wsf2\" style=\"z-index: 15;\">3<span class=\"_ _5\"/>7,7<span class=\"_ _23\"> </span><span class=\"ls1d ws1f\">22,0</span></div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019analy<span class=\"_ _5\"/>se de<span class=\"_ _5\"/>s balance<span class=\"_ _5\"/>s \u00e2g\u00e9e<span class=\"_ _5\"/>s des cr<span class=\"_ _5\"/>\u00e9ance<span class=\"_ _5\"/>s commer<span class=\"_ _5\"/>ciales e<span class=\"_ _5\"/>t l\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xposi<span class=\"_ _5\"/>tion au r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ue de cr\u00e9<span class=\"_ _5\"/>dit se<span class=\"_ _5\"/>lon la matr<span class=\"_ _5\"/>ice de p<span class=\"_ _5\"/>rovisi<span class=\"_ _5\"/>on se pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nte comme</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">suit :</div>\n<div class=\"t m0 x12 hc yb28 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JO<span class=\"_ _5\"/>URS D<span class=\"_ _5\"/>E RETA<span class=\"_ _5\"/>RD</div>\n<div class=\"t m0 x7 hc yde7 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _280\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>T<span class=\"_ _6e\"> </span></span><span class=\"ff7\">&lt;<span class=\"_ _5\"/>60 JO<span class=\"_ _5\"/>URS<span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>0-1<span class=\"_ _5\"/>20 JO<span class=\"_ _5\"/>URS<span class=\"_ _8e\"> </span>&gt;12<span class=\"_ _5\"/>0 JOU<span class=\"_ _5\"/>RS</span></div>\n<div class=\"t m0 x9a hc yde8 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SO<span class=\"_ _5\"/>LDE S<span class=\"_ _5\"/>GEI PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x14c hc yde7 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DEFAUT<span class=\"_ _138\"> </span><span class=\"ff5 fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf yde9 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x7 hd ydea ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>e bru<span class=\"_ _5\"/>te tota<span class=\"_ _5\"/>le es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>e en ca<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x7 hd ydeb ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">d\u00e9faut</div>\n<div class=\"t m0 x116 hd ydea ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">803,<span class=\"_ _5\"/>5<span class=\"_ _1cb\"> </span><span class=\"ls17 ws19\">2<span class=\"_ _5\"/>9,8<span class=\"_ _ea\"> </span><span class=\"ls26 ws28\">3,8<span class=\"_ _ea\"> </span><span class=\"ls2e ws30\">8,5<span class=\"_ _ea\"> </span><span class=\"ls1d ws1f\">6,5<span class=\"_ _254\"> </span><span class=\"ls1f ws21\">8<span class=\"_ _5\"/>52,2</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd ydec ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e cr\u00e9d<span class=\"_ _5\"/>it at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>u<span class=\"_ _281\"> </span><span class=\"ls1a ws1c\">0,4%<span class=\"_ _282\"> </span><span class=\"ls14 ws16\">12,<span class=\"_ _5\"/>5%<span class=\"_ _282\"> </span><span class=\"ls90 wsa4\">14,<span class=\"_ _5\"/>0%<span class=\"_ _282\"> </span><span class=\"ls25 ws27\">98,0<span class=\"_ _5\"/>%<span class=\"_ _21d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%</span></span></span></span></span></div>\n<div class=\"t m0 x7 hd yded ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n pou<span class=\"_ _5\"/>r per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues<span class=\"_ _27\"> </span>(2<span class=\"_ _5\"/>,9)<span class=\"_ _1cb\"> </span><span class=\"ls1b ws1d\">(3<span class=\"_ _5\"/>,7)<span class=\"_ _1cb\"> </span></span>(0,<span class=\"_ _5\"/>5)<span class=\"_ _1cb\"> </span><span class=\"ls22 ws24\">(8,<span class=\"_ _5\"/>4)<span class=\"_ _283\"> </span><span class=\"ls2b ws2d\">(6,<span class=\"_ _5\"/>5)<span class=\"_ _dd\"> </span><span class=\"ls17 ws19\">(22<span class=\"_ _5\"/>,0)</span></span></span></div>\n<div class=\"t m0 x7 hf ydee ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET FR<span class=\"_ _d\"/>AIS TERMINAUX</div>\n<div class=\"t m0 x5a h1b ydef ff7 fs8 fc3 sc0 ls14 ws16\" style=\"z-index: 15;\">80<span class=\"_ _5\"/>0,6<span class=\"_ _b3\"> </span><span class=\"ls7 ws8\">26,<span class=\"_ _5\"/>1<span class=\"_ _107\"> </span><span class=\"ls25 ws27\">3,3<span class=\"_ _7e\"> </span></span></span>0,2<span class=\"_ _7e\"> </span>0,0<span class=\"_ _206\"> </span>830,<span class=\"_ _5\"/>2</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 181px; height: 496px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 181px; height: 496px; width: 88%; z-index: 5;\"><br/></div>\n\n<div/>\n<div><br/></div>\n\n<div class=\"t m0 x12 hc ydf0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">JO<span class=\"_ _5\"/>URS D<span class=\"_ _5\"/>E RETA<span class=\"_ _5\"/>RD</div>\n<div class=\"t m0 x7 hc ydf1 ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _280\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>T<span class=\"_ _6e\"> </span></span><span class=\"ff7\">&lt;<span class=\"_ _5\"/>60 JO<span class=\"_ _5\"/>URS<span class=\"_ _8b\"> </span>6<span class=\"_ _5\"/>0-1<span class=\"_ _5\"/>20 JO<span class=\"_ _5\"/>URS<span class=\"_ _8e\"> </span>&gt;12<span class=\"_ _5\"/>0 JOU<span class=\"_ _5\"/>RS</span></div>\n<div class=\"t m0 x9a hc ydf2 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">SO<span class=\"_ _5\"/>LDE S<span class=\"_ _5\"/>GEI PA<span class=\"_ _5\"/>R</div>\n<div class=\"t m0 x14c hc ydf1 ff7 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">DEFAUT<span class=\"_ _138\"> </span><span class=\"ff5 fc0 lse ws10\">TOT<span class=\"_ _d\"/>AL</span></div>\n<div class=\"t m0 x7 hf ydf3 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">AU 31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x7 hd ydf4 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>tabl<span class=\"_ _5\"/>e bru<span class=\"_ _5\"/>te tota<span class=\"_ _5\"/>le es<span class=\"_ _5\"/>tim\u00e9<span class=\"_ _5\"/>e en ca<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x7 hd ydf5 ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">d\u00e9faut</div>\n<div class=\"t m0 x116 hd ydf4 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">83<span class=\"_ _5\"/>0,0<span class=\"_ _1cb\"> </span><span class=\"ls2e ws30\">48,8<span class=\"_ _ea\"> </span><span class=\"ls14 ws16\">4,<span class=\"_ _5\"/>8<span class=\"_ _1cc\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>,4<span class=\"_ _13d\"> </span></span></span></span>90<span class=\"_ _5\"/>0,0</div>\n<div class=\"t m0 x7 hd ydf6 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _d\"/>aux d<span class=\"_ _5\"/>e per<span class=\"_ _5\"/>te d<span class=\"_ _5\"/>e cr\u00e9d<span class=\"_ _5\"/>it at<span class=\"_ _5\"/>tend<span class=\"_ _5\"/>u<span class=\"_ _281\"> </span><span class=\"ls18 ws1a\">0,0%<span class=\"_ _282\"> </span><span class=\"ls14 ws16\">21,6%<span class=\"_ _282\"> </span><span class=\"ls1f ws21\">43,8<span class=\"_ _5\"/>%<span class=\"_ _7f\"> </span><span class=\"ls17 ws19\">99,<span class=\"_ _5\"/>9%</span></span></span></span></div>\n<div class=\"t m0 x7 hd ydf7 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Prov<span class=\"_ _5\"/>isio<span class=\"_ _5\"/>n pou<span class=\"_ _5\"/>r per<span class=\"_ _5\"/>tes d<span class=\"_ _5\"/>e cr\u00e9<span class=\"_ _5\"/>dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues<span class=\"_ _16b\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _94\"> </span><span class=\"ls1b ws1d\">(10,<span class=\"_ _5\"/>6)<span class=\"_ _1cb\"> </span><span class=\"ls90 wsa4\">(2<span class=\"_ _5\"/>,1)<span class=\"_ _254\"> </span><span class=\"ls22 ws24\">(16<span class=\"_ _5\"/>,4)<span class=\"_ _40\"> </span><span class=\"ls17 ws19\">(29,0)</span></span></span></span></span></div>\n<div class=\"t m0 x7 hf ydf8 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">CR\u00c9ANCES COMMERCIALES ET TERMINAL DUES</div>\n<div class=\"t m0 x5a h1b ydf9 ff7 fs8 fc3 sc0 ls1d ws1f\" style=\"z-index: 15;\">830,0<span class=\"_ _b3\"> </span><span class=\"ls49 ws57\">38,2<span class=\"_ _7e\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>,7<span class=\"_ _7e\"> </span><span class=\"ls14 ws16\">0,0<span class=\"_ _284\"> </span><span class=\"ls1a ws1c\">871,<span class=\"_ _5\"/>0</span></span></span></span></div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ta<span class=\"_ _5\"/>ux de pe<span class=\"_ _5\"/>r<span class=\"_ _5\"/>te de cr\u00e9<span class=\"_ _5\"/>dit es<span class=\"_ _5\"/>compt\u00e9 a aug<span class=\"_ _5\"/>ment\u00e9 e<span class=\"_ _5\"/>n 2022 p<span class=\"_ _5\"/>ar rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t \u00e0 2021<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te augm<span class=\"_ _5\"/>entat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>ue \u00e0 des li<span class=\"_ _5\"/>tiges av<span class=\"_ _5\"/>ec</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>s r\u00e9<span class=\"_ _5\"/>sili\u00e9s c<span class=\"_ _5\"/>hez Ra<span class=\"_ _5\"/>dial Nor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>h Amer<span class=\"_ _5\"/>ica<span class=\"_ _5\"/>. La pr<span class=\"_ _5\"/>ovisio<span class=\"_ _5\"/>n pour p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tes de c<span class=\"_ _5\"/>r\u00e9dit at<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>dues co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>d la supe<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>n de la COVI<span class=\"_ _5\"/>D-19 et de l<span class=\"_ _5\"/>a</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cri<span class=\"_ _5\"/>se \u00e9n<span class=\"_ _5\"/>erg\u00e9t<span class=\"_ _5\"/>ique su<span class=\"_ _5\"/>r la base d<span class=\"_ _5\"/>e la nota<span class=\"_ _5\"/>tion de c<span class=\"_ _5\"/>r\u00e9dit d<span class=\"_ _5\"/>u client f<span class=\"_ _5\"/>ourni<span class=\"_ _5\"/>e par une age<span class=\"_ _5\"/>nce de no<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 7%; bottom: 837px; height: 247px; width: 86%; z-index: 6;\"/>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 6%; bottom: 837px; height: 247px; width: 88%; z-index: 5;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag481": {
   "value": "\n<div class=\"t m0 x5 hb ya ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">Risque de liquidit\u00e9</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e liquidi<span class=\"_ _5\"/>t\u00e9 dispo<span class=\"_ _5\"/>nible de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est l<span class=\"_ _5\"/>imit\u00e9, ce<span class=\"_ _5\"/>ci s\u2019<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>pliqu<span class=\"_ _5\"/>e par le nive<span class=\"_ _5\"/>au \u00e9lev\u00e9 d<span class=\"_ _5\"/>es liqu<span class=\"_ _5\"/>idit\u00e9s d<span class=\"_ _5\"/>e cais<span class=\"_ _5\"/>se et le f<span class=\"_ _5\"/>ait qu\u2019une p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tie sig<span class=\"_ _5\"/>nifi<span class=\"_ _5\"/>ca-</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiv<span class=\"_ _5\"/>e de ses r<span class=\"_ _5\"/>evenu<span class=\"_ _5\"/>s est p<span class=\"_ _5\"/>ay\u00e9e par s<span class=\"_ _5\"/>es clie<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s avant la pr<span class=\"_ _5\"/>est<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice<span class=\"_ _5\"/>-m\u00ea<span class=\"_ _5\"/>me.</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>ch\u00e9a<span class=\"_ _5\"/>nces de<span class=\"_ _5\"/>s pas<span class=\"_ _5\"/>sifs f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s sont pr<span class=\"_ _5\"/>\u00e9se<span class=\"_ _5\"/>nt\u00e9s com<span class=\"_ _5\"/>me suit<span class=\"_ _5\"/>:</div>\n<div class=\"t m0 x7 hc ydfa ff5 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">EN M<span class=\"_ _5\"/>ILLI<span class=\"_ _5\"/>ONS E<span class=\"_ _5\"/>UR <span class=\"_ _120\"> </span><span class=\"ls5c ws70\">COUR<span class=\"_ _5\"/>ANT<span class=\"_ _d0\"> </span><span class=\"ls48 ws56\">NON C<span class=\"_ _d\"/>OUR<span class=\"_ _5\"/>ANT<span class=\"_ _255\"> </span><span class=\"fc0 lse ws10\">TOTAL</span></span></span></div>\n<div class=\"t m0 x4a hc ydfb ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">MO<span class=\"_ _5\"/>INS D'<span class=\"_ _5\"/>UN A<span class=\"_ _5\"/>N<span class=\"_ _ac\"> </span>EN<span class=\"_ _5\"/>TRE 1 E<span class=\"_ _5\"/>T 5 ANS<span class=\"_ _80\"> </span>PLUS D<span class=\"_ _5\"/>E 5 ANS</div>\n<div class=\"t m0 x7 hf ydfc ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">31 D\u00c9CEMBRE 2021</div>\n<div class=\"t m0 x7 hd ydfd ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013 fi<span class=\"_ _5\"/>nance<span class=\"_ _5\"/>ment<span class=\"_ _252\"> </span><span class=\"ls12 ws14\">1<span class=\"_ _5\"/>17,<span class=\"_ _5\"/>9<span class=\"_ _17a\"> </span><span class=\"ls18 ws1a\">320,3<span class=\"_ _17a\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>5,<span class=\"_ _2\"/>3<span class=\"_ _d0\"> </span><span class=\"ls9c ws4f\">613<span class=\"_ _5\"/>,5</span></span></span></span></div>\n<div class=\"t m0 x7 hd ydfe ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s<span class=\"_ _f7\"> </span><span class=\"ls18 ws1a\">1.470,9<span class=\"_ _137\"> </span><span class=\"ls26 ws28\">33,3<span class=\"_ _bf\"> </span></span>0,0<span class=\"_ _149\"> </span><span class=\"ls14 ws16\">1.<span class=\"_ _5\"/>504,<span class=\"_ _5\"/>3</span></span></div>\n<div class=\"t m0 x7 hd ydff ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _285\"> </span><span class=\"ls3b ws43\">8,1<span class=\"_ _d0\"> </span><span class=\"ls20 ws22\">678,6<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _273\"> </span><span class=\"ls1d ws1f\">686,8</span></span></span></span></div>\n<div class=\"t m0 x7 hd ye00 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Papiers commerciaux<span class=\"_ _276\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ye01 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Instruments d\u00e9riv\u00e9s<span class=\"_ _21b\"> </span><span class=\"ls18 ws1a\">0,3<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,3</span></div>\n<div class=\"t m0 x7 hd ye02 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires</div>\n<div class=\"t m0 x188 hd ye03 ff4 fs8 fc2 sc0 ls42 ws4c\" style=\"z-index: 15;\">12,0<span class=\"_ _273\"> </span><span class=\"ls22 ws24\">16<span class=\"_ _5\"/>4,<span class=\"_ _5\"/>8<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _d0\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>8</span></span></span></div>\n<div class=\"t m0 x7 hf ye04 ff5 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL PAS<span class=\"_ _d\"/>SIFS</div>\n<div class=\"t m0 x40 h1b ye05 ff7 fs8 fc3 sc0 lsbb wsd8\" style=\"z-index: 15;\">1.<span class=\"_ _5\"/>609,<span class=\"_ _5\"/>3<span class=\"_ _103\"> </span><span class=\"lsd2 wsf2\">1<span class=\"_ _2\"/>.<span class=\"_ _5\"/>1<span class=\"_ _5\"/>9<span class=\"_ _5\"/>7,<span class=\"_ _5\"/>1<span class=\"_ _286\"> </span><span class=\"lsec ws10d\">17<span class=\"_ _5\"/>5,<span class=\"_ _5\"/>3<span class=\"_ _16\"> </span><span class=\"lsd4 wsf5\">2<span class=\"_ _5\"/>.9<span class=\"_ _5\"/>81<span class=\"_ _5\"/>,7</span></span></span></div>\n<div class=\"t m0 x7 hf ye06 ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">31 D\u00c9CEMBRE 2022</div>\n<div class=\"t m0 x7 hd ye07 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s de loc<span class=\"_ _5\"/>ati<span class=\"_ _5\"/>on \u2013 fi<span class=\"_ _5\"/>nance<span class=\"_ _5\"/>ment<span class=\"_ _f0\"> </span><span class=\"ls1d ws1f\">156,5<span class=\"_ _273\"> </span><span class=\"ls3b ws43\">40<span class=\"_ _5\"/>5,1<span class=\"_ _d0\"> </span><span class=\"ls2a ws2c\">17<span class=\"_ _5\"/>9,<span class=\"_ _5\"/>8<span class=\"_ _d8\"> </span><span class=\"ls92 wsa6\">741<span class=\"_ _5\"/>,4</span></span></span></span></div>\n<div class=\"t m0 x7 hd ye08 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>les e<span class=\"_ _5\"/>t autr<span class=\"_ _5\"/>es de<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>s<span class=\"_ _cc\"> </span><span class=\"ls18 ws1a\">1.49<span class=\"_ _5\"/>4,4<span class=\"_ _137\"> </span><span class=\"ls7 ws8\">25,9<span class=\"_ _bf\"> </span></span>0,0<span class=\"_ _cc\"> </span>1.5<span class=\"_ _5\"/>20,3</span></div>\n<div class=\"t m0 x7 hd ye09 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _285\"> </span><span class=\"ls3b ws43\">8,1<span class=\"_ _273\"> </span><span class=\"ls1a ws1c\">6<span class=\"_ _5\"/>70,5<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _d0\"> </span><span class=\"ls20 ws22\">678<span class=\"_ _5\"/>,6</span></span></span></span></div>\n<div class=\"t m0 x7 hd ye0a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ion \u00e0 lo<span class=\"_ _5\"/>ng ter<span class=\"_ _5\"/>me<span class=\"_ _268\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0</span></div>\n<div class=\"t m0 x7 hd ye0b ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Instruments d\u00e9riv\u00e9s<span class=\"_ _276\"> </span><span class=\"ls22 ws24\">(0,<span class=\"_ _5\"/>3)<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _cb\"> </span></span>(0,<span class=\"_ _5\"/>3)</span></div>\n<div class=\"t m0 x7 hd ye0c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">D\u00e9couver<span class=\"_ _5\"/>ts bancaires<span class=\"_ _287\"> </span><span class=\"ls18 ws1a\">0,4<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,0<span class=\"_ _bf\"> </span>0,4</span></div>\n<div class=\"t m0 x7 hd ye0d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Emprunts bancaires<span class=\"_ _120\"> </span><span class=\"ls2a ws2c\">176<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _ca\"> </span>0,0<span class=\"_ _17a\"> </span></span>17<span class=\"_ _5\"/>6<span class=\"_ _5\"/>,<span class=\"_ _5\"/>9</span></div>\n<div class=\"t m0 x7 hd ye0e ff4 fs8 fc2 sc0 ls3b ws43\" style=\"z-index: 15;\">Autres emprunt<span class=\"_ _5\"/>s<span class=\"_ _c\"> </span><span class=\"ls0 ws0\">(0,2)<span class=\"_ _bf\"> </span><span class=\"ls18 ws1a\">0,<span class=\"_ _5\"/>0<span class=\"_ _ca\"> </span>0,<span class=\"_ _5\"/>0<span class=\"_ _4e\"> </span></span>(0,<span class=\"_ _5\"/>2)</span></div>\n<div class=\"t m0 x7 hf ye0f ff7 fsa fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">TO<span class=\"_ _d\"/>T<span class=\"_ _d\"/>AL DES PAS<span class=\"_ _d\"/>SIFS FINANCIERS</div>\n<div class=\"t m0 x40 h1b ye10 ff7 fs8 fc3 sc0 ls1f ws21\" style=\"z-index: 15;\">1.8<span class=\"_ _5\"/>35,9<span class=\"_ _122\"> </span><span class=\"lsbb wsd8\">1<span class=\"_ _5\"/>.101<span class=\"_ _5\"/>,5<span class=\"_ _288\"> </span><span class=\"lsec ws10d\">17<span class=\"_ _5\"/>9,<span class=\"_ _5\"/>8<span class=\"_ _2a\"> </span><span class=\"lsd2 wsf2\">3<span class=\"_ _5\"/>.<span class=\"_ _5\"/>1<span class=\"_ _5\"/>17,<span class=\"_ _2\"/>2</span></span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 220px; height: 517px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les \u00e9<span class=\"_ _5\"/>ch\u00e9a<span class=\"_ _5\"/>nces con<span class=\"_ _5\"/>trac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lles ci<span class=\"_ _5\"/>-d<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>us son<span class=\"_ _5\"/>t bas\u00e9<span class=\"_ _5\"/>es sur le<span class=\"_ _5\"/>s paiem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s non ac<span class=\"_ _5\"/>tual<span class=\"_ _5\"/>is\u00e9s<span class=\"_ _5\"/>, qui pe<span class=\"_ _5\"/>uvent d<span class=\"_ _5\"/>iff\u00e9re<span class=\"_ _5\"/>r de la vale<span class=\"_ _5\"/>ur comp<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tab<span class=\"_ _5\"/>le des pa<span class=\"_ _5\"/>ssif<span class=\"_ _5\"/>s \u00e0 la date du b<span class=\"_ _5\"/>ilan cons<span class=\"_ _5\"/>olid\u00e9<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le ri<span class=\"_ _5\"/>sque d<span class=\"_ _5\"/>e liquidi<span class=\"_ _5\"/>t\u00e9 est m<span class=\"_ _5\"/>itig\u00e9 par d<span class=\"_ _5\"/>es lign<span class=\"_ _5\"/>es de cr<span class=\"_ _5\"/>\u00e9dit e<span class=\"_ _5\"/>n ligne ave<span class=\"_ _5\"/>c la taill<span class=\"_ _5\"/>e des op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 1017px; height: 65px; width: 90%; z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag475": {
   "value": "\n<div><br/></div>\n<div class=\"t m0 x5 h1a y86 ffc fs11 fc2 sc0 ls0 ws6d\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>3<span class=\"_ _1\"/>1 <span class=\"_\"> </span>Actifs et passifs \u00e9v<span class=\"_ _d\"/>entu<span class=\"_ _d\"/>els</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Comm<span class=\"_ _5\"/>e d\u00e9c<span class=\"_ _5\"/>rit dan<span class=\"_ _5\"/>s la note 6.<span class=\"_ _5\"/>28<span class=\"_ _5\"/>, la Cour d\u2019app<span class=\"_ _5\"/>el de Br<span class=\"_ _5\"/>uxell<span class=\"_ _5\"/>es a annu<span class=\"_ _5\"/>l\u00e9, le 10 novem<span class=\"_ _5\"/>bre 2016, la d\u00e9<span class=\"_ _5\"/>cisio<span class=\"_ _5\"/>n de l'<span class=\"_ _d\"/>Auto<span class=\"_ _5\"/>rit\u00e9 b<span class=\"_ _5\"/>elge de la co<span class=\"_ _5\"/>ncur<span class=\"_ _5\"/>rence</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'inf<span class=\"_ _5\"/>liger un<span class=\"_ _5\"/>e amen<span class=\"_ _5\"/>de de 37<span class=\"_ _d\"/>,4 mEUR<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>'auto<span class=\"_ _5\"/>rit\u00e9 b<span class=\"_ _5\"/>elge de la co<span class=\"_ _5\"/>ncurr<span class=\"_ _5\"/>ence a f<span class=\"_ _5\"/>ait app<span class=\"_ _5\"/>el de ce juge<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>evant la C<span class=\"_ _5\"/>our de C<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>ation s<span class=\"_ _5\"/>ur des p<span class=\"_ _5\"/>oint<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de dro<span class=\"_ _5\"/>it. Le 2<span class=\"_ _5\"/>2 nove<span class=\"_ _5\"/>mbre 2018, l<span class=\"_ _5\"/>a Cour de C<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n a annul\u00e9 le ju<span class=\"_ _5\"/>gemen<span class=\"_ _5\"/>t et a renvoy<span class=\"_ _5\"/>\u00e9 l'<span class=\"_ _d\"/>aff<span class=\"_ _5\"/>aire \u00e0 la Co<span class=\"_ _5\"/>ur d'appel d<span class=\"_ _5\"/>e Bru<span class=\"_ _5\"/>xelles p<span class=\"_ _5\"/>our un no<span class=\"_ _5\"/>uveau</div>\n<div class=\"t m0 x5 h7 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pro<span class=\"_ _5\"/>c\u00e8s. P<span class=\"_ _5\"/>ar un jugem<span class=\"_ _5\"/>ent du 19 f<span class=\"_ _5\"/>\u00e9vr<span class=\"_ _5\"/>ier 2020, l<span class=\"_ _5\"/>a Cour d'app<span class=\"_ _5\"/>el de Br<span class=\"_ _5\"/>uxell<span class=\"_ _5\"/>es a d\u00e9c<span class=\"_ _5\"/>id\u00e9 de p<span class=\"_ _5\"/>oser de<span class=\"_ _5\"/>ux que<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ions \u00e0 la Co<span class=\"_ _5\"/>ur de jus<span class=\"_ _5\"/>tice de l'<span class=\"_ _5\"/>UE (\u201c<span class=\"ff5 ls7 ws8\">CJUE</span>\u201d)</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pou<span class=\"_ _5\"/>r une dem<span class=\"_ _5\"/>ande de d<span class=\"_ _5\"/>\u00e9cisi<span class=\"_ _5\"/>on pr\u00e9<span class=\"_ _5\"/>liminair<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x13b h1c ye11 ff4 fs12 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">7</div>\n<div class=\"t m0 x174 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">. Le 2<span class=\"_ _5\"/>2 mars 20<span class=\"_ _5\"/>22, la C<span class=\"_ _5\"/>JUE a \u00e9<span class=\"_ _5\"/>mis sa d\u00e9<span class=\"_ _5\"/>cisi<span class=\"_ _5\"/>on pr\u00e9l<span class=\"_ _5\"/>iminaire<span class=\"_ _5\"/>, en r\u00e9p<span class=\"_ _5\"/>onse a<span class=\"_ _5\"/>ux deu<span class=\"_ _5\"/>x ques<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s de la</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Cour d'ap<span class=\"_ _5\"/>pel de B<span class=\"_ _5\"/>ruxe<span class=\"_ _5\"/>lles<span class=\"_ _5\"/>. La Cou<span class=\"_ _5\"/>r d'<span class=\"_ _d\"/>ap<span class=\"_ _5\"/>pel de<span class=\"_ _5\"/>vra en<span class=\"_ _5\"/>suite pr<span class=\"_ _5\"/>endre u<span class=\"_ _5\"/>ne d\u00e9c<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>, \u00e0 la lumi\u00e8r<span class=\"_ _5\"/>e des r\u00e9<span class=\"_ _5\"/>pons<span class=\"_ _5\"/>es de la C<span class=\"_ _5\"/>JUE<span class=\"_ _5\"/>.. Ce qui p<span class=\"_ _5\"/>r\u00e9c\u00e8d<span class=\"_ _5\"/>e cons<span class=\"_ _5\"/>ti-</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tue un a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if \u00e9vent<span class=\"_ _5\"/>uel \u00e9t<span class=\"_ _5\"/>ant don<span class=\"_ _5\"/>n\u00e9 que, a<span class=\"_ _5\"/>u cas o\u00f9 la C<span class=\"_ _5\"/>our d'appe<span class=\"_ _5\"/>l annule<span class=\"_ _5\"/>rait la d<span class=\"_ _5\"/>\u00e9cis<span class=\"_ _5\"/>ion de l'Autor<span class=\"_ _5\"/>it\u00e9 belg<span class=\"_ _5\"/>e de la conc<span class=\"_ _5\"/>urren<span class=\"_ _5\"/>ce, bpo<span class=\"_ _5\"/>st po<span class=\"_ _5\"/>urr<span class=\"_ _5\"/>ait</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">reco<span class=\"_ _5\"/>uvre<span class=\"_ _5\"/>r l'<span class=\"_ _d\"/>am<span class=\"_ _5\"/>ende d<span class=\"_ _5\"/>e 37<span class=\"_ _1\"/>,4 mEU<span class=\"_ _5\"/>R (hor<span class=\"_ _5\"/>s int\u00e9r\u00ea<span class=\"_ _5\"/>ts), \u00e0 moins q<span class=\"_ _5\"/>ue la Cour d<span class=\"_ _5\"/>e Cas<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>on annul<span class=\"_ _5\"/>e \u00e0 nouvea<span class=\"_ _5\"/>u de le juge<span class=\"_ _5\"/>ment de l<span class=\"_ _5\"/>a Cour d'appe<span class=\"_ _5\"/>l.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En oc<span class=\"_ _5\"/>tobr<span class=\"_ _5\"/>e 2020, Rad<span class=\"_ _5\"/>ial Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica a sub<span class=\"_ _5\"/>i une at<span class=\"_ _5\"/>taq<span class=\"_ _5\"/>ue logic<span class=\"_ _5\"/>ielle ave<span class=\"_ _5\"/>c deman<span class=\"_ _5\"/>de de ra<span class=\"_ _5\"/>n\u00e7on qui a e<span class=\"_ _5\"/>u des r\u00e9<span class=\"_ _5\"/>perc<span class=\"_ _5\"/>ussi<span class=\"_ _5\"/>ons sur un<span class=\"_ _5\"/>e par<span class=\"_ _5\"/>tie d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s aux \u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Unis<span class=\"_ _5\"/>, not<span class=\"_ _5\"/>ammen<span class=\"_ _5\"/>t sur se<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces tec<span class=\"_ _5\"/>hnolog<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s et sur se<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ionn<span class=\"_ _5\"/>els e<span class=\"_ _5\"/>n aval. L<span class=\"_ _1\"/>'at<span class=\"_ _5\"/>taque e<span class=\"_ _5\"/>t le malwa<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n'<span class=\"_ _d\"/>on<span class=\"_ _5\"/>t pas pu e<span class=\"_ _5\"/>xf<span class=\"_ _5\"/>iltre<span class=\"_ _5\"/>r ou vole<span class=\"_ _5\"/>r de donn<span class=\"_ _5\"/>\u00e9es e<span class=\"_ _5\"/>t rien n'in<span class=\"_ _5\"/>dique qu'un cli<span class=\"_ _5\"/>ent ou de<span class=\"_ _5\"/>s donn<span class=\"_ _5\"/>\u00e9es p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lles aie<span class=\"_ _5\"/>nt fuit\u00e9 d<span class=\"_ _5\"/>es sy<span class=\"_ _5\"/>st\u00e8<span class=\"_ _5\"/>mes de R<span class=\"_ _5\"/>adial No<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>h</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Am<span class=\"_ _5\"/>eric<span class=\"_ _5\"/>a. Dan<span class=\"_ _5\"/>s un d\u00e9lai r<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>nnable a<span class=\"_ _5\"/>pr\u00e8s l'at<span class=\"_ _5\"/>taqu<span class=\"_ _5\"/>e et avan<span class=\"_ _5\"/>t la p\u00e9r<span class=\"_ _5\"/>iode d<span class=\"_ _5\"/>e pic de f<span class=\"_ _5\"/>in d\u2019ann\u00e9<span class=\"_ _5\"/>e 2020, Rad<span class=\"_ _5\"/>ial Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica a pu r<span class=\"_ _5\"/>ecouv<span class=\"_ _5\"/>rer un<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">fon<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>onnali<span class=\"_ _5\"/>t\u00e9 suff<span class=\"_ _5\"/>isant<span class=\"_ _5\"/>e dans se<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices te<span class=\"_ _5\"/>chnolo<span class=\"_ _5\"/>gique<span class=\"_ _5\"/>s pour re<span class=\"_ _5\"/>lance<span class=\"_ _5\"/>r ses a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s sur tous s<span class=\"_ _5\"/>es site<span class=\"_ _5\"/>s. Ra<span class=\"_ _5\"/>dial Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica ma<span class=\"_ _5\"/>intie<span class=\"_ _5\"/>nt deux</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nive<span class=\"_ _5\"/>aux de cou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>ture d<span class=\"_ _5\"/>e cyb<span class=\"_ _5\"/>era<span class=\"_ _5\"/>ssur<span class=\"_ _5\"/>ance pa<span class=\"_ _5\"/>r le biais de<span class=\"_ _5\"/>squ<span class=\"_ _5\"/>els l\u2019entr<span class=\"_ _5\"/>epri<span class=\"_ _5\"/>se a r\u00e9<span class=\"_ _5\"/>cup\u00e9r<span class=\"_ _5\"/>\u00e9 le mont<span class=\"_ _5\"/>ant tota<span class=\"_ _5\"/>l dispo<span class=\"_ _5\"/>nible en ve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tu de sa p<span class=\"_ _5\"/>olice d'as-</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur<span class=\"_ _5\"/>ance pr<span class=\"_ _5\"/>imaire e<span class=\"_ _5\"/>t a re\u00e7u 10,<span class=\"_ _5\"/>0 mUSD en 2021 d<span class=\"_ _5\"/>es comp<span class=\"_ _5\"/>agnie<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ance, pr<span class=\"_ _5\"/>incipa<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>nt li\u00e9s au<span class=\"_ _5\"/>x inter<span class=\"_ _5\"/>rupt<span class=\"_ _5\"/>ions d'ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9 et au<span class=\"_ _5\"/>x mesur<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u2019apais<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t enver<span class=\"_ _5\"/>s les clie<span class=\"_ _5\"/>nts<span class=\"_ _5\"/>. Radi<span class=\"_ _5\"/>al Nor<span class=\"_ _5\"/>th A<span class=\"_ _5\"/>mer<span class=\"_ _5\"/>ica es<span class=\"_ _5\"/>t ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t en tra<span class=\"_ _5\"/>in de f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>er sa de<span class=\"_ _5\"/>mande d'i<span class=\"_ _5\"/>ndemn<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on aupr<span class=\"_ _5\"/>\u00e8s de so<span class=\"_ _5\"/>n</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">as<span class=\"_ _5\"/>sureu<span class=\"_ _5\"/>r secon<span class=\"_ _5\"/>daire dan<span class=\"_ _5\"/>s le cad<span class=\"_ _5\"/>re de l'att<span class=\"_ _5\"/>aque pa<span class=\"_ _5\"/>r ran\u00e7o<span class=\"_ _5\"/>ngicie<span class=\"_ _5\"/>l.</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Par ail<span class=\"_ _5\"/>leurs<span class=\"_ _5\"/>, le 10 ao\u00fb<span class=\"_ _5\"/>t 2022, l<span class=\"_ _5\"/>a Pr\u00e9si<span class=\"_ _5\"/>dente du C<span class=\"_ _5\"/>onse<span class=\"_ _5\"/>il d'<span class=\"_ _1\"/>A<span class=\"_ _5\"/>dminis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t a dema<span class=\"_ _5\"/>nd\u00e9 \u00e0 la re<span class=\"_ _5\"/>spon<span class=\"_ _5\"/>sable C<span class=\"_ _5\"/>omplia<span class=\"_ _5\"/>nce &amp; Data Pr<span class=\"_ _5\"/>otec<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, avec le s<span class=\"_ _5\"/>outi<span class=\"_ _5\"/>en du res<span class=\"_ _5\"/>pons<span class=\"_ _5\"/>able Co<span class=\"_ _5\"/>rpo<span class=\"_ _5\"/>rate Au<span class=\"_ _5\"/>dit de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, de pro<span class=\"_ _5\"/>c\u00e9de<span class=\"_ _5\"/>r \u00e0 un exam<span class=\"_ _5\"/>en de conf<span class=\"_ _5\"/>ormi<span class=\"_ _5\"/>t\u00e9 inter<span class=\"_ _5\"/>ne conce<span class=\"_ _5\"/>rnant le<span class=\"_ _5\"/>s appe<span class=\"_ _5\"/>ls</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'offre<span class=\"_ _5\"/>s publi<span class=\"_ _5\"/>cs de l'<span class=\"_ _5\"/>\u00c9<span class=\"_ _d\"/>t<span class=\"_ _5\"/>at belge a<span class=\"_ _5\"/>lors e<span class=\"_ _5\"/>n cours co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>nant la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n de jour<span class=\"_ _5\"/>naux e<span class=\"_ _5\"/>t de p\u00e9r<span class=\"_ _5\"/>iodi<span class=\"_ _5\"/>ques re<span class=\"_ _5\"/>connu<span class=\"_ _5\"/>s en Be<span class=\"_ _5\"/>lgique</div>\n<div class=\"t m0 x10e h1c ye12 ff4 fs12 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">8</div>\n<div class=\"t m0 xaa h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">.</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'ex<span class=\"_ _5\"/>amen d<span class=\"_ _5\"/>e confor<span class=\"_ _5\"/>mit\u00e9 a d\u00e9b<span class=\"_ _5\"/>ut\u00e9 le 28 a<span class=\"_ _5\"/>o\u00fbt 202<span class=\"_ _5\"/>2, en s<span class=\"_ _5\"/>e concent<span class=\"_ _5\"/>rant s<span class=\"_ _5\"/>ur les pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>es de go<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>nance \u00e9n<span class=\"_ _5\"/>onc\u00e9s d<span class=\"_ _5\"/>ans le Co<span class=\"_ _5\"/>de de cond<span class=\"_ _5\"/>uite de</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>stg<span class=\"_ _5\"/>roup et l<span class=\"_ _5\"/>es dire<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ives de co<span class=\"_ _5\"/>nfor<span class=\"_ _5\"/>mit\u00e9 sp\u00e9<span class=\"_ _5\"/>cif<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s li\u00e9e<span class=\"_ _5\"/>s \u00e0 ces app<span class=\"_ _5\"/>els d'off<span class=\"_ _5\"/>res et s'es<span class=\"_ _5\"/>t bas<span class=\"_ _5\"/>\u00e9, en ter<span class=\"_ _5\"/>mes d<span class=\"_ _5\"/>e cons<span class=\"_ _5\"/>tatat<span class=\"_ _5\"/>ions f<span class=\"_ _5\"/>act<span class=\"_ _5\"/>uelle<span class=\"_ _5\"/>s, (1) sur</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des q<span class=\"_ _5\"/>ues<span class=\"_ _5\"/>tionn<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>t des e<span class=\"_ _5\"/>ntret<span class=\"_ _5\"/>iens ave<span class=\"_ _5\"/>c les p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>s les plus p<span class=\"_ _5\"/>er<span class=\"_ _5\"/>tin<span class=\"_ _5\"/>entes e<span class=\"_ _5\"/>t les plu<span class=\"_ _5\"/>s haut pla<span class=\"_ _5\"/>c\u00e9es t<span class=\"_ _5\"/>rava<span class=\"_ _5\"/>illant po<span class=\"_ _5\"/>ur bpos<span class=\"_ _5\"/>t ; et (2) sur d<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">doc<span class=\"_ _5\"/>ument<span class=\"_ _5\"/>s pe<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>inent<span class=\"_ _5\"/>s de<span class=\"_ _5\"/>mand\u00e9<span class=\"_ _5\"/>s aux p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>s interr<span class=\"_ _5\"/>og\u00e9e<span class=\"_ _5\"/>s au cour<span class=\"_ _5\"/>s de leur<span class=\"_ _5\"/>s entr<span class=\"_ _5\"/>etie<span class=\"_ _5\"/>ns. Le<span class=\"_ _5\"/>s r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s pr\u00e9l<span class=\"_ _5\"/>iminaire<span class=\"_ _5\"/>s de l'exam<span class=\"_ _5\"/>en, dat<span class=\"_ _5\"/>ant du</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">27 se<span class=\"_ _5\"/>ptembr<span class=\"_ _5\"/>e 2022 n'ont pas r<span class=\"_ _5\"/>\u00e9v\u00e9l\u00e9 d'\u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s indi<span class=\"_ _5\"/>quant de<span class=\"_ _5\"/>s viola<span class=\"_ _5\"/>tions p<span class=\"_ _5\"/>otent<span class=\"_ _5\"/>ielles d<span class=\"_ _5\"/>es lois a<span class=\"_ _5\"/>pplic<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">D\u00e9b<span class=\"_ _5\"/>ut oc<span class=\"_ _5\"/>tobr<span class=\"_ _5\"/>e 2022, d<span class=\"_ _5\"/>e nouv<span class=\"_ _5\"/>eaux fa<span class=\"_ _5\"/>its s<span class=\"_ _5\"/>ont ap<span class=\"_ _5\"/>parus<span class=\"_ _5\"/>, qui n'avaien<span class=\"_ _5\"/>t pas \u00e9t\u00e9 di<span class=\"_ _5\"/>vulgu<span class=\"_ _5\"/>\u00e9s \u00e0 l'\u00e9quip<span class=\"_ _5\"/>e charg\u00e9<span class=\"_ _5\"/>e de l'exam<span class=\"_ _5\"/>en de con<span class=\"_ _5\"/>formi<span class=\"_ _5\"/>t\u00e9 lors d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la pha<span class=\"_ _5\"/>se init<span class=\"_ _5\"/>iale. Ce<span class=\"_ _5\"/>la a condui<span class=\"_ _5\"/>t la Pr\u00e9s<span class=\"_ _5\"/>idente du C<span class=\"_ _5\"/>onse<span class=\"_ _5\"/>il d'<span class=\"_ _d\"/>Adm<span class=\"_ _5\"/>inist<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on, le 7 oc<span class=\"_ _5\"/>tob<span class=\"_ _5\"/>re 2022<span class=\"_ _5\"/>, \u00e0 \u00e9ten<span class=\"_ _5\"/>dre l'exame<span class=\"_ _5\"/>n de confo<span class=\"_ _5\"/>rmit\u00e9 q<span class=\"_ _5\"/>u'<span class=\"_ _d\"/>elle av<span class=\"_ _5\"/>ait</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sol<span class=\"_ _5\"/>licit\u00e9 en a<span class=\"_ _5\"/>o\u00fbt et \u00e0 p<span class=\"_ _5\"/>roc\u00e9<span class=\"_ _5\"/>der \u00e0 un ex<span class=\"_ _5\"/>amen p<span class=\"_ _5\"/>lus \u00e9ten<span class=\"_ _5\"/>du et plu<span class=\"_ _5\"/>s intr<span class=\"_ _5\"/>usif. Une r<span class=\"_ _5\"/>eche<span class=\"_ _5\"/>rche fo<span class=\"_ _5\"/>rensi<span class=\"_ _5\"/>que avec l<span class=\"_ _5\"/>e sout<span class=\"_ _5\"/>ien d\u2019une s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 d'<span class=\"_ _d\"/>ana<span class=\"_ _5\"/>lyse</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">for<span class=\"_ _5\"/>ensiqu<span class=\"_ _5\"/>e ex<span class=\"_ _5\"/>tern<span class=\"_ _5\"/>e a \u00e9t\u00e9 init<span class=\"_ _5\"/>i\u00e9e imm<span class=\"_ _5\"/>\u00e9diate<span class=\"_ _5\"/>ment ap<span class=\"_ _5\"/>r\u00e8s<span class=\"_ _5\"/>. Sur la ba<span class=\"_ _5\"/>se des p<span class=\"_ _5\"/>remie<span class=\"_ _5\"/>rs r\u00e9<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>ts de l<span class=\"_ _5\"/>a rech<span class=\"_ _5\"/>erche f<span class=\"_ _5\"/>orens<span class=\"_ _5\"/>ique, d<span class=\"_ _5\"/>e nouvea<span class=\"_ _5\"/>ux ent<span class=\"_ _5\"/>retie<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ont e<span class=\"_ _5\"/>u lieu et l<span class=\"_ _5\"/>a por<span class=\"_ _5\"/>t\u00e9e d<span class=\"_ _5\"/>e la rec<span class=\"_ _5\"/>herch<span class=\"_ _5\"/>e fore<span class=\"_ _5\"/>nsique a \u00e9<span class=\"_ _5\"/>t\u00e9 \u00e9ten<span class=\"_ _5\"/>due \u00e0 d'autr<span class=\"_ _5\"/>es emp<span class=\"_ _5\"/>loy\u00e9s<span class=\"_ _5\"/>, avec un acce<span class=\"_ _5\"/>nt par<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>ulier su<span class=\"_ _5\"/>r tout \u00e9c<span class=\"_ _5\"/>hange d'info<span class=\"_ _5\"/>rma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>ns ill\u00e9g<span class=\"_ _5\"/>al ou pr<span class=\"_ _5\"/>atique<span class=\"_ _5\"/>s conce<span class=\"_ _5\"/>rt\u00e9<span class=\"_ _5\"/>es ill\u00e9<span class=\"_ _5\"/>gale<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le Co<span class=\"_ _5\"/>nseil d'Admin<span class=\"_ _5\"/>istr<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n a \u00e9t\u00e9 info<span class=\"_ _5\"/>rm\u00e9 de<span class=\"_ _5\"/>s r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s de l'exam<span class=\"_ _5\"/>en \u00e9te<span class=\"_ _5\"/>ndu, r\u00e9<span class=\"_ _5\"/>v\u00e9lant d<span class=\"_ _5\"/>es \u00e9l\u00e9m<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s pou<span class=\"_ _5\"/>vant in<span class=\"_ _5\"/>diquer d<span class=\"_ _5\"/>es vio<span class=\"_ _5\"/>latio<span class=\"_ _5\"/>ns des co<span class=\"_ _5\"/>des</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et de<span class=\"_ _5\"/>s poli<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s de la So<span class=\"_ _5\"/>ci\u00e9t\u00e9 e<span class=\"_ _5\"/>t des lo<span class=\"_ _5\"/>is appl<span class=\"_ _5\"/>icabl<span class=\"_ _5\"/>es. Le 24 o<span class=\"_ _5\"/>cto<span class=\"_ _5\"/>bre 202<span class=\"_ _5\"/>2, le Con<span class=\"_ _5\"/>seil d'Admini<span class=\"_ _5\"/>str<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n et le CEO ont mu<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>ment co<span class=\"_ _5\"/>nvenu qu<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">le CE<span class=\"_ _1\"/>O se retirerait t<span class=\"_ _d\"/>emporairement du<span class=\"_ _d\"/>rant l'<span class=\"_ _1\"/>examen.</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au cou<span class=\"_ _5\"/>rs de so<span class=\"_ _5\"/>n d\u00e9ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt,  l'exam<span class=\"_ _5\"/>en de con<span class=\"_ _5\"/>formi<span class=\"_ _5\"/>t\u00e9 a r\u00e9v\u00e9l<span class=\"_ _5\"/>\u00e9 des ca<span class=\"_ _5\"/>s de non \u2013 co<span class=\"_ _5\"/>nform<span class=\"_ _5\"/>it\u00e9 aux co<span class=\"_ _5\"/>des e<span class=\"_ _5\"/>t polit<span class=\"_ _5\"/>iques d<span class=\"_ _5\"/>e la So<span class=\"_ _5\"/>ci\u00e9t\u00e9 ain<span class=\"_ _5\"/>si que de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">indi<span class=\"_ _5\"/>catio<span class=\"_ _5\"/>ns de man<span class=\"_ _5\"/>quem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s aux lois a<span class=\"_ _5\"/>pplic<span class=\"_ _5\"/>able<span class=\"_ _5\"/>s. L<span class=\"_ _3b\"/>'ex<span class=\"_ _5\"/>amen a \u00e9<span class=\"_ _5\"/>galem<span class=\"_ _5\"/>ent \u00e9t\u00e9 \u00e9<span class=\"_ _5\"/>tendu \u00e0 l<span class=\"_ _5\"/>a conces<span class=\"_ _5\"/>sion a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>elle po<span class=\"_ _5\"/>ur la dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>e jour<span class=\"_ _5\"/>naux</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et de p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>odiqu<span class=\"_ _5\"/>es en B<span class=\"_ _5\"/>elgiqu<span class=\"_ _5\"/>e, \u00e0 prop<span class=\"_ _5\"/>os de la<span class=\"_ _5\"/>quelle il a r<span class=\"_ _5\"/>\u00e9v\u00e9l\u00e9 d<span class=\"_ _5\"/>es \u00e9l\u00e9<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s pou<span class=\"_ _5\"/>vant in<span class=\"_ _5\"/>diquer d<span class=\"_ _5\"/>es man<span class=\"_ _5\"/>queme<span class=\"_ _5\"/>nts p<span class=\"_ _5\"/>otent<span class=\"_ _5\"/>iels a<span class=\"_ _5\"/>ux lois a<span class=\"_ _5\"/>ppli-</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">cables \u00e9gal<span class=\"_ _d\"/>ement.</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 9 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022<span class=\"_ _5\"/>, le Cons<span class=\"_ _5\"/>eil d'<span class=\"_ _d\"/>Ad<span class=\"_ _5\"/>minis<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>ion et le CEO o<span class=\"_ _5\"/>nt d\u00e9ci<span class=\"_ _5\"/>d\u00e9 de me<span class=\"_ _5\"/>ttr<span class=\"_ _5\"/>e mutue<span class=\"_ _5\"/>lleme<span class=\"_ _5\"/>nt fin \u00e0 l<span class=\"_ _5\"/>eur colla<span class=\"_ _5\"/>bora<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. Dans ce conte<span class=\"_ _5\"/>xte<span class=\"_ _5\"/>, la</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">colla<span class=\"_ _5\"/>bora<span class=\"_ _5\"/>tion ave<span class=\"_ _5\"/>c deux a<span class=\"_ _5\"/>utre<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>es au s<span class=\"_ _5\"/>ein de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>group a \u00e9<span class=\"_ _5\"/>galem<span class=\"_ _5\"/>ent pr<span class=\"_ _5\"/>is fin<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h10 y64 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">7 <span class=\"_ _48\"> </span><span class=\"ff8 ws36\" style=\"word-spacing: -7px;\">La CJ<span class=\"_ _5\"/>UE trans<span class=\"_ _5\"/>met sa d\u00e9c<span class=\"_ _5\"/>ision \u00e0 la jur<span class=\"_ _5\"/>idic<span class=\"_ _5\"/>tion de r<span class=\"_ _5\"/>envoi, aui e<span class=\"_ _5\"/>st alor<span class=\"_ _5\"/>s tenue d'e<span class=\"_ _5\"/>x\u00e9cuter l'ar<span class=\"_ _5\"/>r\u00eat.</span></div>\n<div class=\"t m0 x5 h10 y65 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">8 <span class=\"_ _48\"> </span><span class=\"ff8 ws36\" style=\"word-spacing: -7px;\">L<span class=\"_ _1\"/>'\u00c9tat belg<span class=\"_ _5\"/>e a organis<span class=\"_ _5\"/>\u00e9 une proc\u00e9<span class=\"_ _5\"/>dure d'app<span class=\"_ _5\"/>el d'offre<span class=\"_ _5\"/>s concernant l<span class=\"_ _5\"/>a distr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on des jou<span class=\"_ _5\"/>rnaux et p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>diques re<span class=\"_ _5\"/>connus en B<span class=\"_ _5\"/>elgique<span class=\"_ _5\"/>, au terme </span></div>\n<div class=\"t m0 x13 h10 y66 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -7.5px; z-index: 15;\">de laqu<span class=\"_ _5\"/>elle les con<span class=\"_ _5\"/>cessio<span class=\"_ _5\"/>ns de ser<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s ont \u00e9t\u00e9 at<span class=\"_ _5\"/>tribu<span class=\"_ _5\"/>\u00e9es \u00e0 bpo<span class=\"_ _5\"/>st le 16 octo<span class=\"_ _5\"/>bre 2015, en v<span class=\"_ _5\"/>ert<span class=\"_ _5\"/>u de quoi bp<span class=\"_ _5\"/>ost a \u00e9t\u00e9 ap<span class=\"_ _5\"/>pel\u00e9e \u00e0 f<span class=\"_ _5\"/>ournir ces s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vices</div>\n<div class=\"t m0 x13 h10 yed ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -7px; z-index: 15;\">du 1er janvi<span class=\"_ _5\"/>er 201<span class=\"_ _d\"/>6 au 31 d\u00e9<span class=\"_ _5\"/>cembre 2020<span class=\"_ _5\"/>. En d\u00e9cembr<span class=\"_ _5\"/>e 2019, le gouve<span class=\"_ _5\"/>rneme<span class=\"_ _5\"/>nt belge a d\u00e9<span class=\"_ _5\"/>cid\u00e9 de p<span class=\"_ _5\"/>rolonge<span class=\"_ _5\"/>r les conces<span class=\"_ _5\"/>sions d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>vices jus<span class=\"_ _5\"/>qu'<span class=\"_ _d\"/>au</div>\n<div class=\"t m0 x13 h10 y67 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -7px; z-index: 15;\">31 d\u00e9cem<span class=\"_ _5\"/>bre 2022. Le 2 s<span class=\"_ _5\"/>eptembr<span class=\"_ _5\"/>e 2021, la Commis<span class=\"_ _5\"/>sion e<span class=\"_ _5\"/>urop\u00e9e<span class=\"_ _5\"/>nne a d\u00e9c<span class=\"_ _5\"/>id\u00e9 de ne pa<span class=\"_ _5\"/>s souleve<span class=\"_ _5\"/>r d'objec<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>s \u00e0 la compens<span class=\"_ _5\"/>ation a<span class=\"_ _5\"/>cc<span class=\"_ _d\"/>ord<span class=\"_ _5\"/>\u00e9e \u00e0</div>\n<div class=\"t m0 x13 h10 y68 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -7px; z-index: 15;\">bpo<span class=\"_ _5\"/>st relat<span class=\"_ _5\"/>ive \u00e0 cett<span class=\"_ _5\"/>e prolong<span class=\"_ _5\"/>ation de<span class=\"_ _5\"/>s conces<span class=\"_ _5\"/>sions de s<span class=\"_ _5\"/>erv<span class=\"_ _5\"/>ices, au m<span class=\"_ _5\"/>otif qu'elle e<span class=\"_ _5\"/>st compat<span class=\"_ _5\"/>ible ave<span class=\"_ _5\"/>c le march<span class=\"_ _5\"/>\u00e9 int\u00e9rie<span class=\"_ _5\"/>ur<span class=\"_ _d\"/>.</div>\n<div class=\"t m0 x13 h10 y69 ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -7px; z-index: 15;\">En novem<span class=\"_ _5\"/>bre 2022, l<span class=\"_ _5\"/>e gouver<span class=\"_ _5\"/>nement b<span class=\"_ _5\"/>elge a d\u00e9<span class=\"_ _5\"/>cid\u00e9 de pro<span class=\"_ _5\"/>longer le<span class=\"_ _5\"/>s conces<span class=\"_ _5\"/>sions de se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices jusqu'au 31 d\u00e9<span class=\"_ _5\"/>cembre 202<span class=\"_ _5\"/>3, aux con<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x13 h10 y6a ff8 fs3 fc2 sc0 ls0 ws35\" style=\"word-spacing: -7px; z-index: 15;\">appl<span class=\"_ _5\"/>icables p<span class=\"_ _5\"/>our 2022, com<span class=\"_ _5\"/>me sp\u00e9c<span class=\"_ _5\"/>ifi\u00e9 dans l<span class=\"_ _5\"/>es conces<span class=\"_ _5\"/>sions ac<span class=\"_ _5\"/>tuell<span class=\"_ _5\"/>es. Le pro<span class=\"_ _5\"/>cessu<span class=\"_ _5\"/>s de soumis<span class=\"_ _5\"/>sion d<span class=\"_ _5\"/>e la prolon<span class=\"_ _5\"/>gation \u00e0 l<span class=\"_ _5\"/>a Commiss<span class=\"_ _5\"/>ion</div>\n<div class=\"t m0 x13 h10 y6b ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -7px; z-index: 15;\">europ<span class=\"_ _5\"/>\u00e9enn<span class=\"_ _5\"/>e pour app<span class=\"_ _5\"/>robat<span class=\"_ _5\"/>ion en ver<span class=\"_ _5\"/>tu de<span class=\"_ _5\"/>s r\u00e8gles re<span class=\"_ _5\"/>lative<span class=\"_ _5\"/>s aux aide<span class=\"_ _5\"/>s d'\u00c9tat a d\u00e9but\u00e9<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x13 h10 yb8 ff8 fs3 fc2 sc0 ls0 ws35\" style=\"word-spacing: -7.5px; z-index: 15;\">Le 23 f\u00e9<span class=\"_ _5\"/>vrier 2<span class=\"_ _5\"/>023, l'<span class=\"_ _5\"/>E<span class=\"_ _d\"/>tat be<span class=\"_ _5\"/>lge a publi<span class=\"_ _5\"/>\u00e9 le nouve<span class=\"_ _5\"/>l appel d'o<span class=\"_ _5\"/>ffres po<span class=\"_ _5\"/>ur les conces<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>s de pres<span class=\"_ _5\"/>se. Sis<span class=\"_ _5\"/>i la conces<span class=\"_ _5\"/>sion n'est pa<span class=\"_ _5\"/>s attr<span class=\"_ _5\"/>ibu\u00e9e \u00e0 b<span class=\"_ _5\"/>post<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x13 h10 y25a ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -7px; z-index: 15;\">l'avena<span class=\"_ _5\"/>nt prolong<span class=\"_ _5\"/>eant la conve<span class=\"_ _5\"/>ntion de con<span class=\"_ _5\"/>cessi<span class=\"_ _5\"/>on actu<span class=\"_ _5\"/>elle pr\u00e9vo<span class=\"_ _5\"/>it une pro<span class=\"_ _5\"/>longat<span class=\"_ _5\"/>ion de six m<span class=\"_ _5\"/>ois, j<span class=\"_ _5\"/>usqu'au 30 juin 2<span class=\"_ _5\"/>02<span class=\"_ _d\"/>4<span class=\"_ _5\"/>, pour as<span class=\"_ _5\"/>surer la</div>\n<div class=\"t m0 x13 h9 y8ad ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tran<span class=\"_ _5\"/>sition e<span class=\"_ _5\"/>ntre les p<span class=\"_ _5\"/>restatair<span class=\"_ _5\"/>es de ser<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 27px; height: 950px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 h8 y51c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ut au long d<span class=\"_ _5\"/>u proce<span class=\"_ _5\"/>ssu<span class=\"_ _5\"/>s, bp<span class=\"_ _5\"/>ost a \u00e9t<span class=\"_ _5\"/>\u00e9 assi<span class=\"_ _5\"/>st\u00e9e p<span class=\"_ _5\"/>ar des co<span class=\"_ _5\"/>nseil<span class=\"_ _5\"/>lers ju<span class=\"_ _5\"/>ridiq<span class=\"_ _5\"/>ues ex<span class=\"_ _5\"/>ter<span class=\"_ _5\"/>nes e<span class=\"_ _5\"/>t a coop<span class=\"_ _5\"/>\u00e9r\u00e9 ac<span class=\"_ _5\"/>tive<span class=\"_ _5\"/>ment ave<span class=\"_ _5\"/>c les au<span class=\"_ _5\"/>torit<span class=\"_ _5\"/>\u00e9s comp<span class=\"_ _5\"/>\u00e9-</div>\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tente<span class=\"_ _5\"/>s afi<span class=\"_ _5\"/>n de pr\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ver s<span class=\"_ _5\"/>es int\u00e9<span class=\"_ _5\"/>r\u00eat<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st com<span class=\"_ _5\"/>prend q<span class=\"_ _5\"/>ue l'<span class=\"_ _d\"/>Auto<span class=\"_ _5\"/>rit\u00e9 b<span class=\"_ _5\"/>elge de la C<span class=\"_ _5\"/>oncur<span class=\"_ _5\"/>rence (<span class=\"_ _5\"/>ABC) a e<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>temps ou<span class=\"_ _5\"/>ver<span class=\"_ _5\"/>t une e<span class=\"_ _5\"/>nqu\u00ea<span class=\"_ _5\"/>te et a effe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>u\u00e9 des in<span class=\"_ _5\"/>spe<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons dans l<span class=\"_ _5\"/>es loc<span class=\"_ _5\"/>aux</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'une en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ive dans le s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>teur de l<span class=\"_ _5\"/>a dist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ion de la p<span class=\"_ _5\"/>res<span class=\"_ _5\"/>se et d'un \u00e9<span class=\"_ _5\"/>diteur d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>se, q<span class=\"_ _5\"/>ui sont in<span class=\"_ _5\"/>d\u00e9p<span class=\"_ _5\"/>endant<span class=\"_ _5\"/>s de b<span class=\"_ _5\"/>post<span class=\"_ _5\"/>group<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comp<span class=\"_ _5\"/>rend \u00e9g<span class=\"_ _5\"/>alem<span class=\"_ _5\"/>ent que le G<span class=\"_ _5\"/>ouve<span class=\"_ _5\"/>rnem<span class=\"_ _5\"/>ent be<span class=\"_ _5\"/>lge a anno<span class=\"_ _5\"/>nc\u00e9 qu'il pro<span class=\"_ _5\"/>c\u00e9de<span class=\"_ _5\"/>rait \u00e0 un a<span class=\"_ _5\"/>udit de la co<span class=\"_ _5\"/>nces<span class=\"_ _5\"/>sion d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>se po<span class=\"_ _5\"/>ur d\u00e9te<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>r toute</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">surcom<span class=\"_ _d\"/>pensation \u00e9ventu<span class=\"_ _d\"/>elle.</div>\n<div class=\"t m0 x5 hb y86 ff5 fs6 fc3 sc0 lsa0 wsb3\" style=\"z-index: 15;\">Impact potentiel</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Sur la b<span class=\"_ _5\"/>ase de<span class=\"_ _5\"/>s infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>ns ac<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>s \u00e0 sa dis<span class=\"_ _5\"/>posit<span class=\"_ _5\"/>ion et d<span class=\"_ _5\"/>es dis<span class=\"_ _5\"/>cuss<span class=\"_ _5\"/>ions ave<span class=\"_ _5\"/>c ses co<span class=\"_ _5\"/>nseil<span class=\"_ _5\"/>lers ju<span class=\"_ _5\"/>ridiqu<span class=\"_ _5\"/>es, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>time l'imp<span class=\"_ _5\"/>act p<span class=\"_ _5\"/>otenti<span class=\"_ _5\"/>el de</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'exam<span class=\"_ _5\"/>en de conf<span class=\"_ _5\"/>ormit<span class=\"_ _5\"/>\u00e9 comme sui<span class=\"_ _5\"/>t :</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(i) <span class=\"_ _96\"> </span> <span class=\"_ _8\"/>bp<span class=\"_ _5\"/>ost a ple<span class=\"_ _5\"/>inem<span class=\"_ _5\"/>ent coo<span class=\"_ _5\"/>p\u00e9r\u00e9 ave<span class=\"_ _5\"/>c l'enqu\u00ea<span class=\"_ _5\"/>te en cour<span class=\"_ _5\"/>s de l'<span class=\"_ _d\"/>Auto<span class=\"_ _5\"/>rit\u00e9 b<span class=\"_ _5\"/>elge de la C<span class=\"_ _5\"/>oncur<span class=\"_ _5\"/>rence<span class=\"_ _5\"/>, mais le r<span class=\"_ _5\"/>isque d'i<span class=\"_ _5\"/>mposi<span class=\"_ _5\"/>tion d'une</div>\n<div class=\"t m0 xf3 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ame<span class=\"_ _5\"/>nde d\u00e9<span class=\"_ _5\"/>pend<span class=\"_ _5\"/>ra des co<span class=\"_ _5\"/>nclus<span class=\"_ _5\"/>ions de l'Autor<span class=\"_ _5\"/>it\u00e9 be<span class=\"_ _5\"/>lge de la Co<span class=\"_ _5\"/>ncurr<span class=\"_ _5\"/>ence. S<span class=\"_ _5\"/>ous r\u00e9<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>ve d<span class=\"_ _5\"/>e nouve<span class=\"_ _5\"/>lles d\u00e9<span class=\"_ _5\"/>couve<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>es de l\u2019Autor<span class=\"_ _5\"/>it\u00e9 be<span class=\"_ _5\"/>lge</div>\n<div class=\"t m0 xf3 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de la Co<span class=\"_ _5\"/>ncur<span class=\"_ _5\"/>rence, ce r<span class=\"_ _5\"/>isq<span class=\"_ _5\"/>ue es<span class=\"_ _5\"/>t act<span class=\"_ _5\"/>uellem<span class=\"_ _5\"/>ent \u00e9v<span class=\"_ _5\"/>alu\u00e9 comm<span class=\"_ _5\"/>e pos<span class=\"_ _5\"/>sible ma<span class=\"_ _5\"/>is non pr<span class=\"_ _5\"/>obable<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">(ii<span class=\"_ _d\"/>) <span class=\"_ _e7\"> </span> <span class=\"_ _3c\"/>Le Gouvernement belge<span class=\"_ _d\"/> a annonc<span class=\"_ _d\"/>\u00e9 son int<span class=\"_ _d\"/>ention de<span class=\"_ _d\"/> mener un a<span class=\"_ _d\"/>udit gouv<span class=\"_ _d\"/>ernemental sur l<span class=\"_ _d\"/>a r\u00e9mun\u00e9ration<span class=\"_ _d\"/> de l'<span class=\"_ _1\"/>ac<span class=\"_ _5\"/>tuell<span class=\"_ _d\"/>e conc<span class=\"_ _d\"/>es<span class=\"_ _5\"/>si<span class=\"_ _d\"/>on</div>\n<div class=\"t m0 xf3 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de pr<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>e (201<span class=\"_ _d\"/>6<span class=\"_ _5\"/>-2020), qui es<span class=\"_ _5\"/>t prolo<span class=\"_ _5\"/>ng\u00e9e jus<span class=\"_ _5\"/>qu'\u00e0 fin 2<span class=\"_ _5\"/>023 (ou mi<span class=\"_ _5\"/>-<span class=\"_ _d\"/>2024 s<span class=\"_ _5\"/>i un nouve<span class=\"_ _5\"/>l appe<span class=\"_ _5\"/>l d'offres e<span class=\"_ _5\"/>st la<span class=\"_ _5\"/>nc\u00e9 et at<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibu\u00e9 \u00e0 un<span class=\"_ _5\"/>e autre</div>\n<div class=\"t m0 xf3 h10 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e que bp<span class=\"_ _5\"/>ost). Bi<span class=\"_ _5\"/>en que le<span class=\"_ _5\"/>s co\u00fbt<span class=\"_ _5\"/>s ass<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>s \u00e0 ce ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice aien<span class=\"_ _5\"/>t \u00e9t\u00e9 exa<span class=\"_ _5\"/>min\u00e9s e<span class=\"_ _5\"/>t analy<span class=\"_ _5\"/>s\u00e9s <span class=\"ff8 ls54 ws10e\">e<span class=\"_ _5\"/>x-ante</span> da<span class=\"_ _5\"/>ns le cad<span class=\"_ _5\"/>re de l'exam<span class=\"_ _5\"/>en des</div>\n<div class=\"t m0 xf3 h10 y8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">aide<span class=\"_ _5\"/>s d'\u00c9tat pa<span class=\"_ _5\"/>r la Commi<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>n europ<span class=\"_ _5\"/>\u00e9en<span class=\"_ _5\"/>ne et <span class=\"ff8 ls35 ws67\">ex-post</span> par le Co<span class=\"_ _5\"/>ll\u00e8ge de<span class=\"_ _5\"/>s Commi<span class=\"_ _5\"/>ssa<span class=\"_ _5\"/>ires dan<span class=\"_ _5\"/>s le cadr<span class=\"_ _5\"/>e de l'approb<span class=\"_ _5\"/>ation a<span class=\"_ _5\"/>nnuell<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 xf3 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des co<span class=\"_ _5\"/>mptes<span class=\"_ _5\"/>, bpo<span class=\"_ _5\"/>st n'est a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent pas e<span class=\"_ _5\"/>n mesur<span class=\"_ _5\"/>e d'<span class=\"_ _d\"/>\u00e9v<span class=\"_ _5\"/>aluer le<span class=\"_ _5\"/>s ris<span class=\"_ _5\"/>ques a<span class=\"_ _5\"/>sso<span class=\"_ _5\"/>ci\u00e9s \u00e0 c<span class=\"_ _5\"/>et audit e<span class=\"_ _5\"/>t \u00e0 ses r<span class=\"_ _5\"/>\u00e9sult<span class=\"_ _5\"/>at<span class=\"_ _5\"/>s potent<span class=\"_ _5\"/>iel<span class=\"_ _5\"/>s, \u00e9t<span class=\"_ _5\"/>ant</div>\n<div class=\"t m0 xf3 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">don<span class=\"_ _5\"/>n\u00e9 qu\u2019au mome<span class=\"_ _5\"/>nt de la r\u00e9<span class=\"_ _5\"/>dac<span class=\"_ _5\"/>tion du p<span class=\"_ _5\"/>r\u00e9se<span class=\"_ _5\"/>nt rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t bp<span class=\"_ _5\"/>ost n\u2019a encor<span class=\"_ _5\"/>e re\u00e7u au<span class=\"_ _5\"/>cune info<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>ion sur l\u2019\u00e9ten<span class=\"_ _5\"/>due de l\u2019audi<span class=\"_ _5\"/>t. T<span class=\"_ _1\"/>o<span class=\"_ _5\"/>ute</div>\n<div class=\"t m0 xf3 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cons<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e surcom<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>ation p<span class=\"_ _5\"/>ourr<span class=\"_ _5\"/>ait no<span class=\"_ _5\"/>tamme<span class=\"_ _5\"/>nt condu<span class=\"_ _5\"/>ire \u00e0 une de<span class=\"_ _5\"/>mande d<span class=\"_ _5\"/>e remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t d'une par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e des re<span class=\"_ _5\"/>venus</div>\n<div class=\"t m0 xf3 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>r\u00e7us po<span class=\"_ _5\"/>ur le ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice.</div>\n<div class=\"t m0 x5 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(iii) <span class=\"_ _69\"> </span> <span class=\"_ _8\"/>Con<span class=\"_ _5\"/>sid\u00e9r<span class=\"_ _5\"/>ant le<span class=\"_ _5\"/>s mesur<span class=\"_ _5\"/>es cor<span class=\"_ _5\"/>rec<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>ces pr<span class=\"_ _5\"/>ises p<span class=\"_ _5\"/>ar la So<span class=\"_ _5\"/>ci\u00e9t\u00e9 (\u00e0 savo<span class=\"_ _5\"/>ir la coop<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion de la S<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9 avec le<span class=\"_ _5\"/>s autor<span class=\"_ _5\"/>it\u00e9s co<span class=\"_ _5\"/>mp\u00e9te<span class=\"_ _5\"/>ntes ;</div>\n<div class=\"t m0 xf3 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la r<span class=\"_ _5\"/>upture de t<span class=\"_ _5\"/>ous les l<span class=\"_ _5\"/>iens ave<span class=\"_ _5\"/>c les pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnes im<span class=\"_ _5\"/>pliqu\u00e9<span class=\"_ _5\"/>es ; le re<span class=\"_ _5\"/>nforce<span class=\"_ _5\"/>ment d<span class=\"_ _5\"/>e la poli<span class=\"_ _5\"/>tique d<span class=\"_ _5\"/>e complian<span class=\"_ _5\"/>ce de la So<span class=\"_ _5\"/>ci\u00e9t\u00e9 e<span class=\"_ _5\"/>n mati\u00e8<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 xf3 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u2019offre<span class=\"_ _5\"/>s et de la fo<span class=\"_ _5\"/>rmat<span class=\"_ _5\"/>ion du pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnel ; l'int<span class=\"_ _5\"/>entio<span class=\"_ _5\"/>n de la So<span class=\"_ _5\"/>ci\u00e9t\u00e9 d<span class=\"_ _5\"/>e compe<span class=\"_ _5\"/>nser to<span class=\"_ _5\"/>ut domm<span class=\"_ _5\"/>age caus<span class=\"_ _5\"/>\u00e9 ; et la mi<span class=\"_ _5\"/>se en \u0153<span class=\"_ _5\"/>uvre d'un</div>\n<div class=\"t m0 xf3 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">nou<span class=\"_ _5\"/>veau pro<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>sus d'appr<span class=\"_ _5\"/>obatio<span class=\"_ _5\"/>n des ap<span class=\"_ _5\"/>pel<span class=\"_ _5\"/>s d'offres e<span class=\"_ _5\"/>t d'une nou<span class=\"_ _5\"/>velle p<span class=\"_ _5\"/>oliti<span class=\"_ _5\"/>que des a<span class=\"_ _5\"/>ppel<span class=\"_ _5\"/>s d'offre<span class=\"_ _5\"/>s)<span class=\"_ _d\"/>, il es<span class=\"_ _5\"/>t prob<span class=\"_ _5\"/>able que l<span class=\"_ _5\"/>es auto<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 xf3 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rit<span class=\"_ _5\"/>\u00e9s cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tante<span class=\"_ _5\"/>s consi<span class=\"_ _5\"/>d\u00e8ren<span class=\"_ _5\"/>t que bpo<span class=\"_ _5\"/>st a d\u00e9<span class=\"_ _5\"/>montr<span class=\"_ _5\"/>\u00e9 sa f<span class=\"_ _5\"/>iabilit\u00e9 e<span class=\"_ _5\"/>t qu'elles au<span class=\"_ _5\"/>toris<span class=\"_ _5\"/>eron<span class=\"_ _5\"/>t donc bp<span class=\"_ _5\"/>ost \u00e0 p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ticip<span class=\"_ _5\"/>er aux p<span class=\"_ _5\"/>roc\u00e9<span class=\"_ _5\"/>dures</div>\n<div class=\"t m0 xf3 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u2019appe<span class=\"_ _5\"/>ls d'offre<span class=\"_ _5\"/>s en cour<span class=\"_ _5\"/>s et fu<span class=\"_ _5\"/>turs .</div>\n<div class=\"t m0 xf3 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> <span class=\"_ _8\"/>En out<span class=\"_ _5\"/>re, confo<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>ment au<span class=\"_ _5\"/>x prat<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s ant\u00e9r<span class=\"_ _5\"/>ieure<span class=\"_ _5\"/>s pour d<span class=\"_ _5\"/>es que<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>ons simil<span class=\"_ _5\"/>aires<span class=\"_ _5\"/>, bpo<span class=\"_ _5\"/>st cons<span class=\"_ _5\"/>id\u00e8re q<span class=\"_ _5\"/>ue la pos<span class=\"_ _5\"/>sibil<span class=\"_ _5\"/>it\u00e9 que le<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 xf3 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">auto<span class=\"_ _5\"/>rit\u00e9<span class=\"_ _5\"/>s contr<span class=\"_ _5\"/>act<span class=\"_ _5\"/>antes r<span class=\"_ _5\"/>evie<span class=\"_ _5\"/>nnent s<span class=\"_ _5\"/>ur des d\u00e9<span class=\"_ _5\"/>cisio<span class=\"_ _5\"/>ns d'att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion ant<span class=\"_ _5\"/>\u00e9rie<span class=\"_ _5\"/>ures e<span class=\"_ _5\"/>t r\u00e9sili<span class=\"_ _5\"/>ent les co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts ou co<span class=\"_ _5\"/>nces<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>s en cour<span class=\"_ _5\"/>s en</div>\n<div class=\"t m0 xf3 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">rai<span class=\"_ _5\"/>son de<span class=\"_ _5\"/>s r\u00e9su<span class=\"_ _5\"/>ltat<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s de l'exam<span class=\"_ _5\"/>en de conf<span class=\"_ _5\"/>ormit<span class=\"_ _5\"/>\u00e9 est f<span class=\"_ _5\"/>aible, s<span class=\"_ _5\"/>ans pr<span class=\"_ _5\"/>\u00e9judice d<span class=\"_ _5\"/>es dem<span class=\"_ _5\"/>ande<span class=\"_ _5\"/>s potent<span class=\"_ _5\"/>ielle<span class=\"_ _5\"/>s de rem<span class=\"_ _5\"/>bour<span class=\"_ _5\"/>seme<span class=\"_ _5\"/>nt de</div>\n<div class=\"t m0 xf3 h8 y10 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">surcom<span class=\"_ _d\"/>pensation r\u00e9sultan<span class=\"_ _d\"/>t de l<span class=\"_ _d\"/>'aud<span class=\"_ _d\"/>it gouvernemental.</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(iv) <span class=\"_ _69\"> </span>b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t a \u00e9gale<span class=\"_ _5\"/>ment p<span class=\"_ _5\"/>ris de<span class=\"_ _5\"/>s mesu<span class=\"_ _5\"/>res de co<span class=\"_ _5\"/>op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n avec le min<span class=\"_ _5\"/>ist\u00e8<span class=\"_ _5\"/>re publi<span class=\"_ _5\"/>c afin d<span class=\"_ _5\"/>e r\u00e9duir<span class=\"_ _5\"/>e tout r<span class=\"_ _5\"/>isque d<span class=\"_ _5\"/>e pour<span class=\"_ _5\"/>suite<span class=\"_ _5\"/>s p\u00e9nale<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Comp<span class=\"_ _5\"/>te tenu de l'in<span class=\"_ _5\"/>cer<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>ude li\u00e9<span class=\"_ _5\"/>e aux en<span class=\"_ _5\"/>qu\u00eate<span class=\"_ _5\"/>s susm<span class=\"_ _5\"/>entio<span class=\"_ _5\"/>nn\u00e9e<span class=\"_ _5\"/>s, bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>me que l'exp<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on \u00e0 des s<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tie<span class=\"_ _5\"/>s de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie e<span class=\"_ _5\"/>st po<span class=\"_ _5\"/>ssib<span class=\"_ _5\"/>le mais</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">non p<span class=\"_ _5\"/>robab<span class=\"_ _5\"/>le \u00e0 ce st<span class=\"_ _5\"/>ade. bp<span class=\"_ _5\"/>ost n\u2019es<span class=\"_ _5\"/>t cepen<span class=\"_ _5\"/>dant pas e<span class=\"_ _5\"/>n mes<span class=\"_ _5\"/>ure de fou<span class=\"_ _5\"/>rnir une e<span class=\"_ _5\"/>st<span class=\"_ _5\"/>imatio<span class=\"_ _5\"/>n \u00e0 ce sta<span class=\"_ _5\"/>de.</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Etant d<span class=\"_ _5\"/>onn\u00e9 qu<span class=\"_ _5\"/>e la conce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>n de pre<span class=\"_ _5\"/>sse a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>elle (2016 \u2013 2020) es<span class=\"_ _5\"/>t prol<span class=\"_ _5\"/>ong\u00e9e ju<span class=\"_ _5\"/>squ'\u00e0 f<span class=\"_ _5\"/>in 2023 (ou m<span class=\"_ _5\"/>i \u2013 2024 si un no<span class=\"_ _5\"/>uvel ap<span class=\"_ _5\"/>pel d'offr<span class=\"_ _5\"/>es es<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lanc<span class=\"_ _5\"/>\u00e9 et at<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>u\u00e9 \u00e0 une au<span class=\"_ _5\"/>tre par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>e que bp<span class=\"_ _5\"/>ost), il n'y a pas d'i<span class=\"_ _5\"/>mpac<span class=\"_ _5\"/>t op\u00e9<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>nnel o<span class=\"_ _5\"/>u fina<span class=\"_ _5\"/>ncier s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if att<span class=\"_ _5\"/>endu en 2<span class=\"_ _5\"/>023 pa<span class=\"_ _5\"/>r rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t \u00e0 202<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(autre q<span class=\"_ _5\"/>u\u2019indiqu<span class=\"_ _5\"/>\u00e9 ci \u2013 des<span class=\"_ _5\"/>sus).</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 2<span class=\"_ _5\"/>3 f\u00e9vr<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>3, l\u2019<span class=\"_ _5\"/>Etat be<span class=\"_ _5\"/>lge a publ<span class=\"_ _5\"/>i\u00e9 le nou<span class=\"_ _5\"/>vel app<span class=\"_ _5\"/>el d'offre<span class=\"_ _5\"/>s pour le<span class=\"_ _5\"/>s conce<span class=\"_ _5\"/>ssio<span class=\"_ _5\"/>ns de pre<span class=\"_ _5\"/>ss<span class=\"_ _5\"/>e. L<span class=\"_ _3b\"/>\u2019<span class=\"_ _5\"/>E<span class=\"_ _d\"/>t<span class=\"_ _5\"/>at a r\u00e9dui<span class=\"_ _5\"/>t le budge<span class=\"_ _5\"/>t att<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>\u00e9 aux con<span class=\"_ _5\"/>ces-</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sion<span class=\"_ _5\"/>s de pre<span class=\"_ _5\"/>sse e<span class=\"_ _5\"/>t a adapt<span class=\"_ _5\"/>\u00e9 les sp<span class=\"_ _5\"/>\u00e9cif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e l'<span class=\"_ _d\"/>app<span class=\"_ _5\"/>el d'offre<span class=\"_ _5\"/>s en fon<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion de ce bu<span class=\"_ _5\"/>dget r\u00e9<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t \u00e9val<span class=\"_ _5\"/>uera l'app<span class=\"_ _5\"/>el d'offre<span class=\"_ _5\"/>s et se<span class=\"_ _5\"/>s exi<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gen<span class=\"_ _5\"/>ces af<span class=\"_ _5\"/>in de d\u00e9te<span class=\"_ _5\"/>rmin<span class=\"_ _5\"/>er si une o<span class=\"_ _5\"/>ffre f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>i\u00e8rem<span class=\"_ _5\"/>ent so<span class=\"_ _5\"/>lide pe<span class=\"_ _5\"/>ut \u00eatr<span class=\"_ _5\"/>e soumi<span class=\"_ _5\"/>se. T<span class=\"_ _d\"/>oute o<span class=\"_ _5\"/>ffre de ce t<span class=\"_ _5\"/>yp<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>a soum<span class=\"_ _5\"/>ise \u00e0 la pr<span class=\"_ _5\"/>oc\u00e9du<span class=\"_ _5\"/>re d'appro<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bati<span class=\"_ _5\"/>on habi<span class=\"_ _5\"/>tuelle<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>time \u00ea<span class=\"_ _5\"/>tre bie<span class=\"_ _5\"/>n plac\u00e9<span class=\"_ _5\"/>e pour re<span class=\"_ _5\"/>mpor<span class=\"_ _5\"/>te<span class=\"_ _5\"/>r un tel app<span class=\"_ _5\"/>el d'offre<span class=\"_ _5\"/>s, au<span class=\"_ _5\"/>quel c<span class=\"_ _5\"/>as l'impac<span class=\"_ _5\"/>t op<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ionne<span class=\"_ _5\"/>l et f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>er d\u00e9p<span class=\"_ _5\"/>endr<span class=\"_ _5\"/>a</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des s<span class=\"_ _5\"/>p\u00e9c<span class=\"_ _5\"/>ific<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns de l'appe<span class=\"_ _5\"/>l d'<span class=\"_ _d\"/>off<span class=\"_ _5\"/>res<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t fina<span class=\"_ _5\"/>ncier d<span class=\"_ _5\"/>e ces sc\u00e9<span class=\"_ _5\"/>nari<span class=\"_ _5\"/>os d\u00e9pe<span class=\"_ _5\"/>nd de no<span class=\"_ _5\"/>mbre<span class=\"_ _5\"/>ux fac<span class=\"_ _5\"/>teur<span class=\"_ _5\"/>s, do<span class=\"_ _5\"/>nt les p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>paux so<span class=\"_ _5\"/>nt (i) les e<span class=\"_ _5\"/>xigen<span class=\"_ _5\"/>ces inc<span class=\"_ _5\"/>luses d<span class=\"_ _5\"/>ans le no<span class=\"_ _5\"/>uvel ap<span class=\"_ _5\"/>pel</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'offre<span class=\"_ _5\"/>s, (ii) la c<span class=\"_ _5\"/>harge d<span class=\"_ _5\"/>e trava<span class=\"_ _5\"/>il globa<span class=\"_ _5\"/>le pour to<span class=\"_ _5\"/>us les pr<span class=\"_ _5\"/>oduit<span class=\"_ _5\"/>s de s<span class=\"_ _5\"/>es op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>ons (nota<span class=\"_ _5\"/>mment l<span class=\"_ _5\"/>i\u00e9e \u00e0 l'ince<span class=\"_ _5\"/>r<span class=\"_ _5\"/>titud<span class=\"_ _5\"/>e sur l'\u00e9volut<span class=\"_ _5\"/>ion du volu<span class=\"_ _5\"/>me des</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">colis), (iii) la p<span class=\"_ _5\"/>ositi<span class=\"_ _5\"/>on des \u00e9<span class=\"_ _5\"/>diteur<span class=\"_ _5\"/>s vis \u2013 \u00e0 \u2013 v<span class=\"_ _5\"/>is des s<span class=\"_ _5\"/>oluti<span class=\"_ _5\"/>ons comm<span class=\"_ _5\"/>ercial<span class=\"_ _5\"/>es pote<span class=\"_ _5\"/>ntiell<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>pos\u00e9<span class=\"_ _5\"/>es par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t ou d'autre<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>teurs d<span class=\"_ _5\"/>u march<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et (i<span class=\"_ _5\"/>v) le r\u00e9sult<span class=\"_ _5\"/>at de tou<span class=\"_ _5\"/>te n\u00e9go<span class=\"_ _5\"/>ciatio<span class=\"_ _5\"/>n socia<span class=\"_ _5\"/>le d\u00e9cou<span class=\"_ _5\"/>lant de la n<span class=\"_ _5\"/>\u00e9ces<span class=\"_ _5\"/>sit\u00e9 p<span class=\"_ _5\"/>otentie<span class=\"_ _5\"/>lle de re<span class=\"_ _5\"/>str<span class=\"_ _5\"/>uc<span class=\"_ _5\"/>turer le<span class=\"_ _5\"/>s op\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>ons de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>. Comp<span class=\"_ _5\"/>te tenu de</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'ince<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>itude q<span class=\"_ _5\"/>ui entour<span class=\"_ _5\"/>e tous ces f<span class=\"_ _5\"/>ac<span class=\"_ _5\"/>teur<span class=\"_ _5\"/>s, bpo<span class=\"_ _5\"/>st n'est p<span class=\"_ _5\"/>as en me<span class=\"_ _5\"/>sure de f<span class=\"_ _5\"/>ournir d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>es<span class=\"_ _5\"/>timat<span class=\"_ _5\"/>ion \u00e0 ce s<span class=\"_ _5\"/>tade<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 237px; height: 860px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag480": {
   "value": "\n<div class=\"t m0 x5 h1a y10 ffc fs11 fc2 sc0 ls0 ws45\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>33 <span class=\"_ _38\"/>T<span class=\"_ _3b\"/>ransactions ent<span class=\"_ _d\"/>re par<span class=\"_ _5\"/>ti<span class=\"_ _d\"/>es li\u00e9es</div>\n<div class=\"t m0 x5 hb y11 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">a) <span class=\"_ _3a\"> </span>R<span class=\"_ _5\"/>elati<span class=\"_ _5\"/>ons avec les ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>naire<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h7 y52 ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'\u00c9tat belge<span class=\"_ _d\"/> en tant qu<span class=\"_ _d\"/>'actionnaire</div>\n<div class=\"t m0 x5 h7 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge, dire<span class=\"_ _5\"/>ctem<span class=\"_ _5\"/>ent et \u00e0 t<span class=\"_ _5\"/>raver<span class=\"_ _5\"/>s la So<span class=\"_ _5\"/>ci\u00e9t\u00e9 F<span class=\"_ _5\"/>\u00e9d\u00e9r<span class=\"_ _5\"/>ale de Pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>icipat<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>t d\u2019Inve<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ment (\u201c<span class=\"_ _5\"/><span class=\"ff5 ls4a ws54\">SFPI</span>\u201d), es<span class=\"_ _5\"/>t act<span class=\"_ _5\"/>ionnai<span class=\"_ _5\"/>re major<span class=\"_ _5\"/>itai<span class=\"_ _5\"/>re de bp<span class=\"_ _5\"/>ost</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et d\u00e9<span class=\"_ _5\"/>tien<span class=\"_ _5\"/>t \u00e0 ce titre 51,<span class=\"_ _5\"/>04% de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t. Pa<span class=\"_ _5\"/>r cons\u00e9<span class=\"_ _5\"/>quen<span class=\"_ _5\"/>t, il es<span class=\"_ _5\"/>t habil<span class=\"_ _5\"/>it\u00e9 \u00e0 contr<span class=\"_ _5\"/>\u00f4ler tou<span class=\"_ _5\"/>te d\u00e9ci<span class=\"_ _5\"/>sion re<span class=\"_ _5\"/>qu\u00e9r<span class=\"_ _5\"/>ant une ma<span class=\"_ _5\"/>jori<span class=\"_ _5\"/>t\u00e9 simple \u00e0</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">l'<span class=\"_ _1\"/>A<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>mbl\u00e9e G\u00e9n\u00e9rale des Ac<span class=\"_ _5\"/>tionnaires.</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les d<span class=\"_ _5\"/>roit<span class=\"_ _5\"/>s de l'\u00c9tat b<span class=\"_ _5\"/>elge en t<span class=\"_ _5\"/>ant qu'ac<span class=\"_ _5\"/>tionna<span class=\"_ _5\"/>ire de bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>ont d\u00e9<span class=\"_ _5\"/>fini<span class=\"_ _5\"/>s dans les p<span class=\"_ _5\"/>oliti<span class=\"_ _5\"/>ques d<span class=\"_ _5\"/>e Gouve<span class=\"_ _5\"/>rnan<span class=\"_ _5\"/>ce d'Entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e (acces<span class=\"_ _5\"/>sibles a<span class=\"_ _5\"/>u publi<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur le si<span class=\"_ _5\"/>te Inter<span class=\"_ _5\"/>net de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t).</div>\n<div class=\"t m0 x5 h7 y5a ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'\u00c9tat belge<span class=\"_ _d\"/> en tant qu<span class=\"_ _d\"/>'autorit\u00e9 publique</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Avec l'<span class=\"_ _5\"/>Union eu<span class=\"_ _5\"/>rop\u00e9<span class=\"_ _5\"/>enne<span class=\"_ _5\"/>, l'\u00c9tat be<span class=\"_ _5\"/>lge es<span class=\"_ _5\"/>t le prin<span class=\"_ _5\"/>cipal l\u00e9<span class=\"_ _5\"/>gislate<span class=\"_ _5\"/>ur dans le s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>teur po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>l. L<span class=\"_ _3b\"/>'<span class=\"_ _5\"/>Inst<span class=\"_ _5\"/>itut b<span class=\"_ _5\"/>elge de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces pos<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x et de<span class=\"_ _5\"/>s t\u00e9l\u00e9co<span class=\"_ _5\"/>m-</div>\n<div class=\"t m0 x5 h7 y5c ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">municat<span class=\"_ _5\"/>ions (\u201c<span class=\"ff5 ls35 ws3b\">IBPT</span><span class=\"ls0 ws0\">\u201d), l'autor<span class=\"_ _5\"/>it\u00e9 nat<span class=\"_ _5\"/>ionale de r<span class=\"_ _5\"/>\u00e9gula<span class=\"_ _5\"/>tion, e<span class=\"_ _5\"/>st le p<span class=\"_ _5\"/>rinci<span class=\"_ _5\"/>pal r\u00e9g<span class=\"_ _5\"/>ulateur du s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>teur p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>al en Be<span class=\"_ _5\"/>lgique<span class=\"_ _5\"/>.</span></div>\n<div class=\"t m0 x5 h7 y5e ff5 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _1\"/>'\u00c9ta<span class=\"_ _5\"/>t belg<span class=\"_ _5\"/>e en tan<span class=\"_ _5\"/>t que cl<span class=\"_ _5\"/>ient</div>\n<div class=\"t m0 x5 h8 y60 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>'<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge est l'un d<span class=\"_ _5\"/>es plus g<span class=\"_ _5\"/>ros clie<span class=\"_ _5\"/>nt<span class=\"_ _5\"/>s de bpos<span class=\"_ _5\"/>t. S<span class=\"_ _5\"/>i l'<span class=\"_ _d\"/>on t<span class=\"_ _5\"/>ient comp<span class=\"_ _5\"/>te de la r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>\u2019Int\u00e9<span class=\"_ _5\"/>r\u00eat \u00c9cono<span class=\"_ _5\"/>mique G<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>al (SIEG),</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">9,6% du t<span class=\"_ _5\"/>otal de<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uits d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>ex<span class=\"_ _5\"/>ploit<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t pou<span class=\"_ _5\"/>r 2022 s<span class=\"_ _5\"/>ont at<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uable<span class=\"_ _5\"/>s \u00e0 l'\u00c9tat be<span class=\"_ _5\"/>lge et au<span class=\"_ _5\"/>x entit\u00e9<span class=\"_ _5\"/>s li\u00e9e<span class=\"_ _5\"/>s \u00e0 l'\u00c9tat<span class=\"_ _5\"/>. Si l'on exclu<span class=\"_ _5\"/>t la r\u00e9mu<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">n\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n des SI<span class=\"_ _5\"/>EG, les se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s fourn<span class=\"_ _5\"/>is aux cli<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s li\u00e9s \u00e0 l'\u00c9t<span class=\"_ _5\"/>at ne d\u00e9p<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>ent pas 5<span class=\"_ _5\"/>% du total d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s d'explo<span class=\"_ _5\"/>itati<span class=\"_ _5\"/>on de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st fo<span class=\"_ _5\"/>urnit d<span class=\"_ _5\"/>es ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices de d<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ion de co<span class=\"_ _5\"/>urri<span class=\"_ _5\"/>er \u00e0 plus<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s adminis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ation<span class=\"_ _5\"/>s publiq<span class=\"_ _5\"/>ues, \u00e0 l<span class=\"_ _5\"/>a fois se<span class=\"_ _5\"/>lon de<span class=\"_ _5\"/>s condit<span class=\"_ _5\"/>ions com<span class=\"_ _5\"/>merc<span class=\"_ _5\"/>iales et</div>\n<div class=\"t m0 x5 h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">confo<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>ment au<span class=\"_ _5\"/>x disp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>ns du Con<span class=\"_ _5\"/>trat d<span class=\"_ _5\"/>e Ges<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st as<span class=\"_ _5\"/>sure le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices p<span class=\"_ _5\"/>osta<span class=\"_ _5\"/>ux univ<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>els e<span class=\"_ _5\"/>t les SIEG qui l<span class=\"_ _5\"/>ui ont \u00e9t\u00e9 co<span class=\"_ _5\"/>nfi\u00e9<span class=\"_ _5\"/>s par l\u2019<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge, en ce com<span class=\"_ _5\"/>pris d<span class=\"_ _5\"/>es ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux, f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et d'aut<span class=\"_ _5\"/>res se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s public<span class=\"_ _5\"/>s. L<span class=\"_ _5\"/>a Loi de 1<span class=\"_ _5\"/>991, la Loi p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>ale du 26 janv<span class=\"_ _5\"/>ier 2018, le C<span class=\"_ _5\"/>ontr<span class=\"_ _5\"/>at de Ge<span class=\"_ _5\"/>stio<span class=\"_ _5\"/>n des ob<span class=\"_ _5\"/>ligat<span class=\"_ _5\"/>ions de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices po<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>ux</div>\n<div class=\"t m0 x5 h7 y68 ff4 fs3 fc2 sc0 ls4f ws5e\" style=\"z-index: 15;\">univer<span class=\"_ _5\"/>sels (\u201c<span class=\"ff5 lsd wsf\">OSU</span><span class=\"ls0 ws0\">\u201d<span class=\"_ _5\"/>)<span class=\"_ _d\"/>, le 7e Contr<span class=\"_ _5\"/>at de Ge<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>on des S<span class=\"_ _5\"/>IEG, ains<span class=\"_ _5\"/>i que les a<span class=\"_ _5\"/>ccords de co<span class=\"_ _5\"/>nces<span class=\"_ _5\"/>sion d<span class=\"_ _5\"/>e pres<span class=\"_ _5\"/>se, f<span class=\"_ _5\"/>ixen<span class=\"_ _5\"/>t les r\u00e8g<span class=\"_ _5\"/>les et co<span class=\"_ _5\"/>nditi<span class=\"_ _5\"/>ons d'ex\u00e9c<span class=\"_ _5\"/>ution </span></div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des o<span class=\"_ _5\"/>bliga<span class=\"_ _5\"/>tions q<span class=\"_ _5\"/>ue bpos<span class=\"_ _5\"/>t as<span class=\"_ _5\"/>sume en e<span class=\"_ _5\"/>x\u00e9cu<span class=\"_ _5\"/>tion de s<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s pos<span class=\"_ _5\"/>taux un<span class=\"_ _5\"/>iver<span class=\"_ _5\"/>sel<span class=\"_ _5\"/>s et de se<span class=\"_ _5\"/>s SIEG, a<span class=\"_ _5\"/>insi que<span class=\"_ _5\"/>, le cas \u00e9<span class=\"_ _5\"/>ch\u00e9ant<span class=\"_ _5\"/>, les co<span class=\"_ _5\"/>mpens<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns</div>\n<div class=\"t m0 x5 h8 y6a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>\u00e8res ve<span class=\"_ _5\"/>rs\u00e9<span class=\"_ _5\"/>es par l'<span class=\"_ _5\"/>\u00c9tat bel<span class=\"_ _5\"/>ge.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 87px; height: 485px; width: 94%; z-index: 2;\"><br/></div>\n\n<div class=\"t m0 x5 h8 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les S<span class=\"_ _5\"/>IEG conf<span class=\"_ _5\"/>i\u00e9s \u00e0 bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>n ver<span class=\"_ _5\"/>tu du 7<span class=\"_ _d\"/>e Co<span class=\"_ _5\"/>ntrat d<span class=\"_ _5\"/>e Ges<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n ont pou<span class=\"_ _5\"/>r but de s<span class=\"_ _5\"/>atis<span class=\"_ _5\"/>faire \u00e0 ce<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>ains ob<span class=\"_ _5\"/>jec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d'int\u00e9r\u00ea<span class=\"_ _5\"/>t g\u00e9n\u00e9r<span class=\"_ _5\"/>al. C<span class=\"_ _5\"/>es SIEG inc<span class=\"_ _5\"/>luent la</div>\n<div class=\"t m0 x5 h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mainte<span class=\"_ _5\"/>nance du r<span class=\"_ _5\"/>\u00e9sea<span class=\"_ _5\"/>u Reta<span class=\"_ _5\"/>il : afin d<span class=\"_ _5\"/>'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>surer u<span class=\"_ _5\"/>ne coh\u00e9<span class=\"_ _5\"/>sion te<span class=\"_ _5\"/>rrit<span class=\"_ _5\"/>oriale e<span class=\"_ _5\"/>t soc<span class=\"_ _5\"/>iale, bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>st ten<span class=\"_ _5\"/>ue de maint<span class=\"_ _5\"/>enir un r\u00e9<span class=\"_ _5\"/>seau Re<span class=\"_ _5\"/>tail co<span class=\"_ _5\"/>mpos<span class=\"_ _5\"/>\u00e9 au</div>\n<div class=\"t m0 x5 h8 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">minim<span class=\"_ _5\"/>um de 1.<span class=\"_ _5\"/>30<span class=\"_ _5\"/>0 point<span class=\"_ _5\"/>s de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s pos<span class=\"_ _5\"/>taux<span class=\"_ _5\"/>. Au mo<span class=\"_ _5\"/>ins 65<span class=\"_ _5\"/>0 de ces p<span class=\"_ _5\"/>oint<span class=\"_ _5\"/>s de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice pos<span class=\"_ _5\"/>tau<span class=\"_ _5\"/>x doive<span class=\"_ _5\"/>nt \u00eatr<span class=\"_ _5\"/>e des bur<span class=\"_ _5\"/>eaux de p<span class=\"_ _5\"/>oste<span class=\"_ _5\"/>. bpos<span class=\"_ _5\"/>t doit</div>\n<div class=\"t m0 x5 h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t inst<span class=\"_ _5\"/>aller a<span class=\"_ _5\"/>u moins 3<span class=\"_ _5\"/>50 dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>buteur<span class=\"_ _5\"/>s auto<span class=\"_ _5\"/>matiqu<span class=\"_ _5\"/>es de bill<span class=\"_ _5\"/>et<span class=\"_ _5\"/>s sur le ter<span class=\"_ _5\"/>ritoir<span class=\"_ _5\"/>e et au mo<span class=\"_ _5\"/>ins un dans l<span class=\"_ _5\"/>es commu<span class=\"_ _5\"/>nes o\u00f9 a<span class=\"_ _5\"/>ucun aut<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x5 h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">op\u00e9<span class=\"_ _5\"/>rate<span class=\"_ _5\"/>ur n\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>n a inst<span class=\"_ _5\"/>all\u00e9. L<span class=\"_ _5\"/>a four<span class=\"_ _5\"/>niture d<span class=\"_ _5\"/>es SIEG jo<span class=\"_ _5\"/>urnali<span class=\"_ _5\"/>ers co<span class=\"_ _5\"/>mpren<span class=\"_ _5\"/>d les se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s en \u201cesp\u00e8<span class=\"_ _5\"/>ces au g<span class=\"_ _5\"/>uiche<span class=\"_ _5\"/>t\u201d e<span class=\"_ _5\"/>t le paiem<span class=\"_ _5\"/>ent \u00e0 do<span class=\"_ _5\"/>micile de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h8 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pe<span class=\"_ _5\"/>nsions e<span class=\"_ _5\"/>t alloc<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>ns soc<span class=\"_ _5\"/>iales<span class=\"_ _5\"/>. Enfin<span class=\"_ _5\"/>, les SI<span class=\"_ _5\"/>EG ponc<span class=\"_ _5\"/>tuel<span class=\"_ _5\"/>s inclu<span class=\"_ _5\"/>ent le r\u00f4<span class=\"_ _5\"/>le socia<span class=\"_ _5\"/>l du fac<span class=\"_ _5\"/>teur, plus pa<span class=\"_ _5\"/>rt<span class=\"_ _5\"/>iculi\u00e8<span class=\"_ _5\"/>reme<span class=\"_ _5\"/>nt par ra<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t au<span class=\"_ _5\"/>x per<span class=\"_ _5\"/>sonn<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x5 h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">viv<span class=\"_ _5\"/>ant se<span class=\"_ _5\"/>ules ou p<span class=\"_ _5\"/>lus d\u00e9f<span class=\"_ _5\"/>avori<span class=\"_ _5\"/>s\u00e9e<span class=\"_ _5\"/>s, le s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice \u201cS<span class=\"_ _5\"/>VP f<span class=\"_ _5\"/>act<span class=\"_ _5\"/>eur\u201d, la diffu<span class=\"_ _5\"/>sion d'inf<span class=\"_ _5\"/>ormat<span class=\"_ _5\"/>ions au p<span class=\"_ _5\"/>ublic \u00e0 la d<span class=\"_ _5\"/>emand<span class=\"_ _5\"/>e des au<span class=\"_ _5\"/>torit\u00e9<span class=\"_ _5\"/>s et en v<span class=\"_ _5\"/>ue de</div>\n<div class=\"t m0 x5 h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">so<span class=\"_ _5\"/>utenir le<span class=\"_ _5\"/>s campa<span class=\"_ _5\"/>gnes d<span class=\"_ _5\"/>\u2019infor<span class=\"_ _5\"/>matio<span class=\"_ _5\"/>n \u00e0 gran<span class=\"_ _5\"/>de \u00e9ch<span class=\"_ _5\"/>elle lan<span class=\"_ _5\"/>c\u00e9es p<span class=\"_ _5\"/>ar les p<span class=\"_ _5\"/>ouvoir<span class=\"_ _5\"/>s publ<span class=\"_ _5\"/>ics e<span class=\"_ _5\"/>n cas de c<span class=\"_ _5\"/>rise m<span class=\"_ _5\"/>ajeure<span class=\"_ _5\"/>, la coop<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion par r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on de<span class=\"_ _5\"/>s paque<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e bullet<span class=\"_ _5\"/>ins de vote<span class=\"_ _5\"/>, la livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n d'impri<span class=\"_ _5\"/>m\u00e9s \u00e9l<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>torau<span class=\"_ _5\"/>x adre<span class=\"_ _5\"/>ss\u00e9<span class=\"_ _5\"/>s et non a<span class=\"_ _5\"/>dres<span class=\"_ _5\"/>s\u00e9<span class=\"_ _5\"/>s, la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n \u00e0 pri<span class=\"_ _5\"/>x sp\u00e9c<span class=\"_ _5\"/>ial</div>\n<div class=\"t m0 x5 h8 yae ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'envois d'as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>iation<span class=\"_ _5\"/>s, la dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on de let<span class=\"_ _5\"/>tre<span class=\"_ _5\"/>s rele<span class=\"_ _5\"/>vant du r<span class=\"_ _5\"/>\u00e9gime d<span class=\"_ _5\"/>e fran<span class=\"_ _5\"/>chise d<span class=\"_ _5\"/>e por<span class=\"_ _5\"/>t, l<span class=\"_ _5\"/>e sout<span class=\"_ _5\"/>ien d\u2019in<span class=\"_ _5\"/>itiati<span class=\"_ _5\"/>ves vi<span class=\"_ _5\"/>sant \u00e0 \u201cr\u00e9<span class=\"_ _5\"/>sor<span class=\"_ _5\"/>ber la f<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>ture</div>\n<div class=\"t m0 x5 h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">num\u00e9<span class=\"_ _5\"/>riqu<span class=\"_ _5\"/>e\u201d et \u00e0 fa<span class=\"_ _5\"/>ciliter l<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>acc\u00e8<span class=\"_ _5\"/>s aux se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices g<span class=\"_ _5\"/>ouver<span class=\"_ _5\"/>nem<span class=\"_ _5\"/>entau<span class=\"_ _5\"/>x \u00e9lec<span class=\"_ _5\"/>tro<span class=\"_ _5\"/>nique<span class=\"_ _5\"/>s par le bia<span class=\"_ _5\"/>is des b<span class=\"_ _5\"/>ureaux d<span class=\"_ _5\"/>e pos<span class=\"_ _5\"/>te, le tr<span class=\"_ _5\"/>aiteme<span class=\"_ _5\"/>nt fi<span class=\"_ _5\"/>nancie<span class=\"_ _5\"/>r et</div>\n<div class=\"t m0 x5 h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">admi<span class=\"_ _5\"/>nist<span class=\"_ _5\"/>ratif d<span class=\"_ _5\"/>es ame<span class=\"_ _5\"/>nde<span class=\"_ _5\"/>s, la ven<span class=\"_ _5\"/>te de tit<span class=\"_ _5\"/>res de t<span class=\"_ _5\"/>rans<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t pub<span class=\"_ _5\"/>lics o<span class=\"_ _5\"/>u par<span class=\"_ _5\"/>tag\u00e9<span class=\"_ _5\"/>s \u00e0 la dem<span class=\"_ _5\"/>ande de<span class=\"_ _5\"/>s soc<span class=\"_ _5\"/>i\u00e9t\u00e9s d<span class=\"_ _5\"/>e tra<span class=\"_ _5\"/>nspo<span class=\"_ _5\"/>rt p<span class=\"_ _5\"/>ublic ou p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tag\u00e9 e<span class=\"_ _5\"/>t la</div>\n<div class=\"t m0 x5 h8 yb0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">vente d<span class=\"_ _5\"/>e timbr<span class=\"_ _5\"/>es-<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>te.</div>\n<div class=\"t m0 x5 h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les t<span class=\"_ _5\"/>arif<span class=\"_ _5\"/>s et au<span class=\"_ _5\"/>tres m<span class=\"_ _5\"/>odali<span class=\"_ _5\"/>t\u00e9s pr\u00e9<span class=\"_ _5\"/>vus po<span class=\"_ _5\"/>ur l'ex\u00e9cu<span class=\"_ _5\"/>tion de ce<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tains d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices co<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s par le 7<span class=\"_ _d\"/>e Co<span class=\"_ _5\"/>ntrat d<span class=\"_ _5\"/>e Ges<span class=\"_ _5\"/>tion s<span class=\"_ _5\"/>ont d\u00e9<span class=\"_ _5\"/>term<span class=\"_ _5\"/>in\u00e9s dan<span class=\"_ _5\"/>s des</div>\n<div class=\"t m0 x5 h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">accor<span class=\"_ _5\"/>ds de mis<span class=\"_ _5\"/>e en \u0153u<span class=\"_ _5\"/>vre con<span class=\"_ _5\"/>clus ent<span class=\"_ _5\"/>re bpo<span class=\"_ _5\"/>st, l'<span class=\"_ _5\"/>\u00c9<span class=\"_ _d\"/>t<span class=\"_ _5\"/>at belge e<span class=\"_ _5\"/>t, le c<span class=\"_ _5\"/>as \u00e9ch<span class=\"_ _5\"/>\u00e9ant, l<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ies ou in<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>tutio<span class=\"_ _5\"/>ns conce<span class=\"_ _5\"/>rn\u00e9<span class=\"_ _5\"/>es.</div>\n<div class=\"t m0 x5 h8 y202 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">De pl<span class=\"_ _5\"/>us, bp<span class=\"_ _5\"/>ost co<span class=\"_ _5\"/>ntinue \u00e0 f<span class=\"_ _5\"/>ourni<span class=\"_ _5\"/>r les SIEG de l<span class=\"_ _5\"/>ivra<span class=\"_ _5\"/>ison av<span class=\"_ _5\"/>anc\u00e9e d<span class=\"_ _5\"/>es jour<span class=\"_ _5\"/>naux e<span class=\"_ _5\"/>t de dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n des p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>dique<span class=\"_ _5\"/>s.  Jus<span class=\"_ _5\"/>qu'au 31 d\u00e9cemb<span class=\"_ _5\"/>re</div>\n<div class=\"t m0 x5 h8 y203 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">2015, ce<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices \u00e9t<span class=\"_ _5\"/>aien<span class=\"_ _5\"/>t assu<span class=\"_ _5\"/>r\u00e9s dan<span class=\"_ _5\"/>s le cadr<span class=\"_ _5\"/>e du 5e Con<span class=\"_ _5\"/>trat de G<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>. Confor<span class=\"_ _5\"/>m\u00e9m<span class=\"_ _5\"/>ent \u00e0 l'engag<span class=\"_ _5\"/>ement p<span class=\"_ _5\"/>ris pa<span class=\"_ _5\"/>r l'\u00c9tat be<span class=\"_ _5\"/>lge vis<span class=\"_ _5\"/>-\u00e0-<span class=\"_ _5\"/>vis de la</div>\n<div class=\"t m0 x5 h8 y204 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Comm<span class=\"_ _5\"/>issi<span class=\"_ _5\"/>on euro<span class=\"_ _5\"/>p\u00e9e<span class=\"_ _5\"/>nne, un<span class=\"_ _5\"/>e proc\u00e9<span class=\"_ _5\"/>dure de con<span class=\"_ _5\"/>sulta<span class=\"_ _5\"/>tion du ma<span class=\"_ _5\"/>rch\u00e9 s<span class=\"_ _5\"/>oumis<span class=\"_ _5\"/>e \u00e0 la concur<span class=\"_ _5\"/>ren<span class=\"_ _5\"/>ce, tra<span class=\"_ _5\"/>nspare<span class=\"_ _5\"/>nte et no<span class=\"_ _5\"/>n discr<span class=\"_ _5\"/>iminato<span class=\"_ _5\"/>ire a \u00e9t\u00e9 o<span class=\"_ _5\"/>r<span class=\"_ _d\"/>-</div>\n<div class=\"t m0 x5 h8 y205 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gan<span class=\"_ _5\"/>is\u00e9e p<span class=\"_ _5\"/>ar rap<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t auxd<span class=\"_ _5\"/>its s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s, au te<span class=\"_ _5\"/>rme d<span class=\"_ _5\"/>e laque<span class=\"_ _5\"/>lle la four<span class=\"_ _5\"/>nitur<span class=\"_ _5\"/>e des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s a \u00e9t\u00e9 at<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>u\u00e9e \u00e0 bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>n oc<span class=\"_ _5\"/>tobre 201<span class=\"_ _5\"/>5. Par con<span class=\"_ _5\"/>s\u00e9qu<span class=\"_ _5\"/>ent,</div>\n<div class=\"t m0 x5 h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dep<span class=\"_ _5\"/>uis le 1er janv<span class=\"_ _5\"/>ier 2016, le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on des jo<span class=\"_ _5\"/>urnau<span class=\"_ _5\"/>x et p\u00e9<span class=\"_ _5\"/>rio<span class=\"_ _5\"/>dique<span class=\"_ _5\"/>s sont as<span class=\"_ _5\"/>sur\u00e9<span class=\"_ _5\"/>s confor<span class=\"_ _5\"/>m\u00e9m<span class=\"_ _5\"/>ent aux a<span class=\"_ _5\"/>ccords d<span class=\"_ _5\"/>e conces<span class=\"_ _5\"/>sion</div>\n<div class=\"t m0 x5 h8 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ent\u00e9<span class=\"_ _5\"/>rin\u00e9<span class=\"_ _5\"/>s entr<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t et l'\u00c9tat b<span class=\"_ _5\"/>elge e<span class=\"_ _5\"/>n novemb<span class=\"_ _5\"/>re 2015.</div>\n<div class=\"t m0 x5 h8 y209 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 3 juin 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>16, la C<span class=\"_ _5\"/>ommis<span class=\"_ _5\"/>sion e<span class=\"_ _5\"/>urop\u00e9<span class=\"_ _5\"/>enne a a<span class=\"_ _5\"/>pprou<span class=\"_ _5\"/>v\u00e9 \u00e0 la fois l<span class=\"_ _5\"/>e 6e Cont<span class=\"_ _5\"/>rat de G<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tion e<span class=\"_ _5\"/>t les acco<span class=\"_ _5\"/>rds de con<span class=\"_ _5\"/>cess<span class=\"_ _5\"/>ion rel<span class=\"_ _5\"/>atifs \u00e0 l<span class=\"_ _5\"/>a dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion</div>\n<div class=\"t m0 x5 h8 y20a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des j<span class=\"_ _5\"/>ourna<span class=\"_ _5\"/>ux et p<span class=\"_ _5\"/>\u00e9rio<span class=\"_ _5\"/>dique<span class=\"_ _5\"/>s en ver<span class=\"_ _5\"/>tu d<span class=\"_ _5\"/>e la r\u00e9gle<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>es aid<span class=\"_ _5\"/>es d\u2019\u00c9t<span class=\"_ _5\"/>at</div>\n<div class=\"t m0 x10f h1c ye13 ff4 fs12 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">9</div>\n<div class=\"t m0 x16 h8 yb ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">.</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>0<span class=\"_ _d\"/>19, le C<span class=\"_ _5\"/>onse<span class=\"_ _5\"/>il f\u00e9d\u00e9<span class=\"_ _5\"/>ral be<span class=\"_ _5\"/>lge de<span class=\"_ _5\"/>s Minis<span class=\"_ _5\"/>tres a d<span class=\"_ _5\"/>\u00e9cid\u00e9 d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>\u00e9te<span class=\"_ _5\"/>ndre le<span class=\"_ _5\"/>s act<span class=\"_ _5\"/>uelle<span class=\"_ _5\"/>s conces<span class=\"_ _5\"/>sion<span class=\"_ _5\"/>s dans le do<span class=\"_ _5\"/>maine de l<span class=\"_ _5\"/>a pres<span class=\"_ _5\"/>se con<span class=\"_ _5\"/>clues</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">avec b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t pour un<span class=\"_ _5\"/>e p\u00e9r<span class=\"_ _5\"/>iode d<span class=\"_ _5\"/>e deux an<span class=\"_ _5\"/>s (2021 \u2013 202<span class=\"_ _5\"/>2) aux con<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>ns valan<span class=\"_ _5\"/>t pour 20<span class=\"_ _5\"/>20, comme s<span class=\"_ _5\"/>p\u00e9ci<span class=\"_ _5\"/>fi\u00e9 da<span class=\"_ _5\"/>ns les con<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>sions a<span class=\"_ _5\"/>ctu<span class=\"_ _5\"/>elles<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te</div>\n<div class=\"t m0 x5 h8 yd ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>cision a \u00e9<span class=\"_ _5\"/>t\u00e9 appr<span class=\"_ _5\"/>ouv\u00e9<span class=\"_ _5\"/>e par la Com<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ion eur<span class=\"_ _5\"/>op\u00e9e<span class=\"_ _5\"/>nne le 2 s<span class=\"_ _5\"/>eptemb<span class=\"_ _5\"/>re 2021<span class=\"_ _5\"/>. En novemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2, le gouv<span class=\"_ _5\"/>erne<span class=\"_ _5\"/>ment a d<span class=\"_ _5\"/>\u00e9cid\u00e9 d<span class=\"_ _5\"/>e prolo<span class=\"_ _5\"/>nger</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une n<span class=\"_ _5\"/>ouvell<span class=\"_ _5\"/>e fois la con<span class=\"_ _5\"/>ces<span class=\"_ _5\"/>sion au<span class=\"_ _5\"/>x condit<span class=\"_ _5\"/>ions qui s'app<span class=\"_ _5\"/>liquaie<span class=\"_ _5\"/>nt pour 2<span class=\"_ _5\"/>020, cet<span class=\"_ _5\"/>te fois p<span class=\"_ _5\"/>our un an<span class=\"_ _5\"/>.  Cet<span class=\"_ _5\"/>te prolo<span class=\"_ _5\"/>ngat<span class=\"_ _5\"/>ion se<span class=\"_ _5\"/>ra noti<span class=\"_ _5\"/>fi\u00e9<span class=\"_ _5\"/>e \u00e0 la</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">Commission europ\u00e9e<span class=\"_ _5\"/>nne.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En d\u00e9<span class=\"_ _5\"/>cembre 2<span class=\"_ _5\"/>020, le Go<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt belge a d<span class=\"_ _5\"/>\u00e9cid<span class=\"_ _5\"/>\u00e9 d\u2019<span class=\"_ _d\"/>\u00e9te<span class=\"_ _5\"/>ndre le 6</div>\n<div class=\"t m0 x36 h1c ye14 ff4 fs12 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">e</div>\n<div class=\"t m0 x92 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> Cont<span class=\"_ _5\"/>rat de G<span class=\"_ _5\"/>es<span class=\"_ _5\"/>tion ju<span class=\"_ _5\"/>squ\u2019au 31 d\u00e9cem<span class=\"_ _5\"/>bre 2021<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te prol<span class=\"_ _5\"/>ongat<span class=\"_ _5\"/>ion a \u00e9t\u00e9</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">app<span class=\"_ _5\"/>rouv\u00e9<span class=\"_ _5\"/>e par la Co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sion eur<span class=\"_ _5\"/>op\u00e9<span class=\"_ _5\"/>enne le 27 ju<span class=\"_ _5\"/>illet 2021<span class=\"_ _5\"/>.  Le 14 sept<span class=\"_ _5\"/>embre 20<span class=\"_ _5\"/>21, le Go<span class=\"_ _5\"/>uver<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt belg<span class=\"_ _5\"/>e et bpo<span class=\"_ _5\"/>st ont s<span class=\"_ _5\"/>ign\u00e9 le 7e Contr<span class=\"_ _5\"/>at</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de Ge<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ion couv<span class=\"_ _5\"/>rant l<span class=\"_ _5\"/>a p\u00e9r<span class=\"_ _5\"/>iode ju<span class=\"_ _5\"/>squ'au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 2026<span class=\"_ _5\"/>. Ce cont<span class=\"_ _5\"/>rat a \u00e9t\u00e9 n<span class=\"_ _5\"/>otif<span class=\"_ _5\"/>i\u00e9 \u00e0 la Com<span class=\"_ _5\"/>miss<span class=\"_ _5\"/>ion euro<span class=\"_ _5\"/>p\u00e9e<span class=\"_ _5\"/>nne et a \u00e9<span class=\"_ _5\"/>t\u00e9 appr<span class=\"_ _5\"/>ouv\u00e9 le 19 j<span class=\"_ _5\"/>uillet</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2. \u00c0 la su<span class=\"_ _5\"/>ite de cet<span class=\"_ _5\"/>te app<span class=\"_ _5\"/>robat<span class=\"_ _5\"/>ion, le con<span class=\"_ _5\"/>trat e<span class=\"_ _5\"/>st en<span class=\"_ _5\"/>tr\u00e9 en v<span class=\"_ _5\"/>igueur.</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st fo<span class=\"_ _5\"/>urnit \u00e9<span class=\"_ _5\"/>galem<span class=\"_ _5\"/>ent de<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de ge<span class=\"_ _5\"/>sti<span class=\"_ _5\"/>on de comp<span class=\"_ _5\"/>te de tr\u00e9<span class=\"_ _5\"/>sore<span class=\"_ _5\"/>rie \u00e0 l'\u00c9ta<span class=\"_ _5\"/>t belge e<span class=\"_ _5\"/>t \u00e0 cer<span class=\"_ _5\"/>tain<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res en<span class=\"_ _5\"/>tit\u00e9s p<span class=\"_ _5\"/>ubliqu<span class=\"_ _5\"/>es, co<span class=\"_ _5\"/>nfor<span class=\"_ _5\"/>m\u00e9me<span class=\"_ _5\"/>nt</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 l'arr\u00ea<span class=\"_ _5\"/>t\u00e9 royal du 1<span class=\"_ _5\"/>2 janvi<span class=\"_ _5\"/>er 1970 r\u00e9g<span class=\"_ _5\"/>ulant le s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>al, tel q<span class=\"_ _5\"/>u'<span class=\"_ _d\"/>ame<span class=\"_ _5\"/>nd\u00e9 en ve<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tu de l'arr\u00ea<span class=\"_ _5\"/>t\u00e9 royal d<span class=\"_ _5\"/>u 30 avr<span class=\"_ _5\"/>il 2007 r<span class=\"_ _5\"/>\u00e9gulan<span class=\"_ _5\"/>t les se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices</div>\n<div class=\"t m0 x5 h8 y54 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>ers p<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>aux et de l'ar<span class=\"_ _5\"/>r\u00eat\u00e9 roy<span class=\"_ _5\"/>al du 14 avri<span class=\"_ _5\"/>l 2013 mod<span class=\"_ _5\"/>ifian<span class=\"_ _5\"/>t l'<span class=\"_ _d\"/>ar<span class=\"_ _5\"/>r\u00eat\u00e9 roy<span class=\"_ _5\"/>al du 12 ja<span class=\"_ _5\"/>nvier 1<span class=\"_ _5\"/>970 r\u00e9gula<span class=\"_ _5\"/>nt le ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ice pos<span class=\"_ _5\"/>tal<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n oc<span class=\"_ _5\"/>troy\u00e9<span class=\"_ _5\"/>e \u00e0 bpos<span class=\"_ _5\"/>t en vu<span class=\"_ _5\"/>e de couv<span class=\"_ _5\"/>rir les S<span class=\"_ _5\"/>IEG, pub<span class=\"_ _5\"/>li\u00e9e \u00e0 la s<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tion 6<span class=\"_ _5\"/>.<span class=\"_ _d\"/>7 du r<span class=\"_ _5\"/>appo<span class=\"_ _5\"/>rt a<span class=\"_ _5\"/>nnuel<span class=\"_ _5\"/>, s'<span class=\"_ _d\"/>es<span class=\"_ _5\"/>t \u00e9le<span class=\"_ _5\"/>v\u00e9e \u00e0 30<span class=\"_ _5\"/>2,6 mEUR p<span class=\"_ _5\"/>our 202<span class=\"_ _5\"/>2</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">(277<span class=\"_ _d\"/>,0 m<span class=\"_ _5\"/>EUR en 2021).</div>\n<div class=\"t m0 x5 h7 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n des SI<span class=\"_ _5\"/>EG se bas<span class=\"_ _5\"/>e sur une m\u00e9<span class=\"_ _5\"/>tho<span class=\"_ _5\"/>dolog<span class=\"_ _5\"/>ie de co\u00fbt n<span class=\"_ _5\"/>et \u00e9vi<span class=\"_ _5\"/>t\u00e9 (<span class=\"_ _d\"/>ne<span class=\"_ _5\"/>t avoide<span class=\"_ _5\"/>d cost o<span class=\"_ _5\"/>u <span class=\"ff5 ls5d ws71\">NAC</span>). Cet<span class=\"_ _5\"/>te m\u00e9t<span class=\"_ _5\"/>hod<span class=\"_ _5\"/>e assu<span class=\"_ _5\"/>re que la com<span class=\"_ _5\"/>pens<span class=\"_ _5\"/>a-</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tio<span class=\"_ _5\"/>n se bas<span class=\"_ _5\"/>e sur la diff<span class=\"_ _5\"/>\u00e9ren<span class=\"_ _5\"/>ce entre (i<span class=\"_ _5\"/>) le co\u00fbt ne<span class=\"_ _5\"/>t pour le fo<span class=\"_ _5\"/>urni<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>ur ass<span class=\"_ _5\"/>urant l'obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n des SI<span class=\"_ _5\"/>EG et (ii) le co\u00fbt n<span class=\"_ _5\"/>et po<span class=\"_ _5\"/>ur le m\u00eam<span class=\"_ _5\"/>e fourn<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>eur</div>\n<div class=\"t m0 x5 h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ne de<span class=\"_ _5\"/>vant pa<span class=\"_ _5\"/>s assu<span class=\"_ _5\"/>rer cet<span class=\"_ _5\"/>te obl<span class=\"_ _5\"/>igatio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>mpen<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n pour la d<span class=\"_ _5\"/>istr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion de<span class=\"_ _5\"/>s jour<span class=\"_ _5\"/>naux et p<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>odiqu<span class=\"_ _5\"/>es consi<span class=\"_ _5\"/>ste en u<span class=\"_ _5\"/>n monta<span class=\"_ _5\"/>nt fi<span class=\"_ _5\"/>xe et une r<span class=\"_ _5\"/>edev<span class=\"_ _5\"/>ance var<span class=\"_ _5\"/>iable b<span class=\"_ _5\"/>as\u00e9e s<span class=\"_ _5\"/>ur les vo<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lume<span class=\"_ _5\"/>s dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>u\u00e9s<span class=\"_ _5\"/>. Cet<span class=\"_ _5\"/>te inde<span class=\"_ _5\"/>mnisat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t suje<span class=\"_ _5\"/>tte \u00e0 d'aut<span class=\"_ _5\"/>res v\u00e9<span class=\"_ _5\"/>rif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>ions e<span class=\"_ _5\"/>x pos<span class=\"_ _5\"/>t et doit \u00ea<span class=\"_ _5\"/>tre conf<span class=\"_ _5\"/>orm<span class=\"_ _5\"/>e au NAC<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le mo<span class=\"_ _5\"/>ntant r<span class=\"_ _5\"/>est<span class=\"_ _5\"/>ant d\u00fb pa<span class=\"_ _5\"/>r l\u2019\u00c9tat b<span class=\"_ _5\"/>elge po<span class=\"_ _5\"/>ur la r\u00e9mu<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s SIEG s\u2019\u00e9leva<span class=\"_ _5\"/>it au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2 \u00e0 77<span class=\"_ _d\"/>,7 mEUR (107<span class=\"_ _1\"/>,6 mEUR a<span class=\"_ _5\"/>u 31 d\u00e9cem<span class=\"_ _5\"/>bre</div>\n<div class=\"t m0 x5 h8 y5f ff4 fs3 fc2 sc0 lsda wse2\" style=\"z-index: 15;\">20<span class=\"_ _5\"/>21).    </div>\n<div class=\"t m0 x5 hb y61 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">b<span class=\"_ _d\"/>) <span class=\"_ _3a\"> </span>Soci\u00e9t\u00e9s consolid\u00e9es</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Une li<span class=\"_ _5\"/>ste de to<span class=\"_ _5\"/>utes le<span class=\"_ _5\"/>s filia<span class=\"_ _5\"/>les (et de<span class=\"_ _5\"/>s soci<span class=\"_ _5\"/>\u00e9t\u00e9s mi<span class=\"_ _5\"/>ses e<span class=\"_ _5\"/>n \u00e9quiv<span class=\"_ _5\"/>alence) ai<span class=\"_ _5\"/>nsi qu\u2019un de<span class=\"_ _5\"/>scri<span class=\"_ _5\"/>ptif so<span class=\"_ _5\"/>mmaire d<span class=\"_ _5\"/>e leurs a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s sont f<span class=\"_ _5\"/>ourni<span class=\"_ _5\"/>s dans la</div>\n<div class=\"t m0 x5 h8 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on 6.<span class=\"_ _5\"/>34 d<span class=\"_ _5\"/>u pr\u00e9s<span class=\"_ _5\"/>ent ra<span class=\"_ _5\"/>ppor<span class=\"_ _5\"/>t an<span class=\"_ _5\"/>nuel<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les s<span class=\"_ _5\"/>olde<span class=\"_ _5\"/>s et tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>ons ent<span class=\"_ _5\"/>re bpo<span class=\"_ _5\"/>st et s<span class=\"_ _5\"/>es f<span class=\"_ _5\"/>iliale<span class=\"_ _5\"/>s, qui s<span class=\"_ _5\"/>ont des p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ties a<span class=\"_ _5\"/>ppare<span class=\"_ _5\"/>nt\u00e9e<span class=\"_ _5\"/>s \u00e0 bpos<span class=\"_ _5\"/>t, on<span class=\"_ _5\"/>t \u00e9t\u00e9 ret<span class=\"_ _5\"/>ir\u00e9s de<span class=\"_ _5\"/>s \u00e9ta<span class=\"_ _5\"/>ts f<span class=\"_ _5\"/>inanc<span class=\"_ _5\"/>iers co<span class=\"_ _5\"/>nsol<span class=\"_ _5\"/>id\u00e9s</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">et ne s<span class=\"_ _5\"/>ont pa<span class=\"_ _5\"/>s divulg<span class=\"_ _5\"/>u\u00e9s da<span class=\"_ _5\"/>ns cet<span class=\"_ _5\"/>te sec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n.</div>\n<div class=\"t m0 x5 h10 ye15 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">9 <span class=\"_ _48\"> </span><span class=\"ff8\" style=\"word-spacing: -9px;\">En oc<span class=\"_ _5\"/>tobre 2016, la F\u00e9<span class=\"_ _5\"/>d\u00e9ratio<span class=\"_ _5\"/>n flamand<span class=\"_ _5\"/>e des Vende<span class=\"_ _5\"/>urs de pr<span class=\"_ _5\"/>esse (<span class=\"_ _5\"/>\u201cVl<span class=\"_ _5\"/>aamse Fe<span class=\"_ _5\"/>derati<span class=\"_ _5\"/>e van Pers<span class=\"_ _5\"/>verkop<span class=\"_ _5\"/>ers\u201d) a dem<span class=\"_ _5\"/>and\u00e9 l'annul<span class=\"_ _5\"/>ation de l<span class=\"_ _5\"/>a </span></div>\n<div class=\"t m0 x13 h10 ye16 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -9px; z-index: 15;\">d\u00e9ci<span class=\"_ _5\"/>sion d\u2019autori<span class=\"_ _5\"/>satio<span class=\"_ _5\"/>n de la Commis<span class=\"_ _5\"/>sion eu<span class=\"_ _5\"/>rop\u00e9en<span class=\"_ _5\"/>ne devant la Cou<span class=\"_ _5\"/>r g\u00e9n\u00e9ra<span class=\"_ _5\"/>le sur base p<span class=\"_ _5\"/>roc\u00e9dural<span class=\"_ _5\"/>e. En f\u00e9vr<span class=\"_ _5\"/>ier 2019, la Cour g\u00e9<span class=\"_ _5\"/>n\u00e9rale a re<span class=\"_ _5\"/>tir\u00e9</div>\n<div class=\"t m0 x13 h10 ye17 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -9px; z-index: 15;\">le dos<span class=\"_ _5\"/>sier d<span class=\"_ _5\"/>es regis<span class=\"_ _5\"/>tres sui<span class=\"_ _5\"/>te \u00e0 la deman<span class=\"_ _5\"/>de de la VF<span class=\"_ _5\"/>P de met<span class=\"_ _5\"/>tre un ter<span class=\"_ _5\"/>me aux pro<span class=\"_ _5\"/>c\u00e9dures<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 52px; height: 1030px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 hb y80 ff7 fs6 fc3 sc0 ls0 ws3a\" style=\"z-index: 15;\">c) <span class=\"_ _23f\"> </span>Relat<span class=\"_ _5\"/>ions avec des en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise<span class=\"_ _5\"/>s <span class=\"_ _d\"/>as<span class=\"_ _5\"/>soci\u00e9<span class=\"_ _5\"/>es et des co<span class=\"_ _5\"/>-e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>rise<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x5 h7 y81 ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">bpost banque</div>\n<div class=\"t m0 x5 h7 y83 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que \u00e9t<span class=\"_ _5\"/>ait as<span class=\"_ _5\"/>soc<span class=\"_ _5\"/>i\u00e9e de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t \u00e0 50%<span class=\"_ _5\"/>. L<span class=\"_ _3b\"/>\u2019autr<span class=\"_ _5\"/>e act<span class=\"_ _5\"/>ionnai<span class=\"_ _5\"/>re de bp<span class=\"_ _5\"/>ost ban<span class=\"_ _5\"/>que es<span class=\"_ _5\"/>t BNP P<span class=\"_ _5\"/>ariba<span class=\"_ _5\"/>s For<span class=\"_ _5\"/>tis S<span class=\"_ _5\"/>A (\u201c<span class=\"ff5 ls4a ws54\">BNPPF<span class=\"_ _5\"/></span>\u201d), qui d\u00e9te<span class=\"_ _5\"/>nait le<span class=\"_ _5\"/>s 50%</div>\n<div class=\"t m0 x5 h8 y84 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">res<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>. En 2020, l\u2019inv<span class=\"_ _5\"/>est<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>emen<span class=\"_ _5\"/>t dans bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque a \u00e9t<span class=\"_ _5\"/>\u00e9 clas<span class=\"_ _5\"/>s\u00e9 en ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s d\u00e9te<span class=\"_ _5\"/>nus en v<span class=\"_ _5\"/>ue de la ven<span class=\"_ _5\"/>te, compte te<span class=\"_ _5\"/>nu de l\u2019accord n<span class=\"_ _5\"/>on contr<span class=\"_ _5\"/>ai-</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">gnan<span class=\"_ _5\"/>t sur le fut<span class=\"_ _5\"/>ur par<span class=\"_ _5\"/>tena<span class=\"_ _5\"/>riat \u00e0 lon<span class=\"_ _5\"/>g term<span class=\"_ _5\"/>e de bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que SA<span class=\"_ _5\"/>, in<span class=\"_ _5\"/>cluant la ve<span class=\"_ _5\"/>nte des p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ticipa<span class=\"_ _5\"/>tions d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t \u00e0 BNPPF<span class=\"_ _d\"/>. L<span class=\"_ _3b\"/>\u2019accor<span class=\"_ _5\"/>d a \u00e9t\u00e9 f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>\u00e9</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">en 202<span class=\"_ _5\"/>1 et le 3 janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2, la tr<span class=\"_ _5\"/>ansa<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ion a \u00e9t\u00e9 con<span class=\"_ _5\"/>clue ap<span class=\"_ _5\"/>r\u00e8s avoi<span class=\"_ _5\"/>r obtenu l<span class=\"_ _5\"/>es app<span class=\"_ _5\"/>robati<span class=\"_ _5\"/>ons r\u00e9g<span class=\"_ _5\"/>leme<span class=\"_ _5\"/>ntaire<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En tan<span class=\"_ _5\"/>t qu'inter<span class=\"_ _5\"/>m\u00e9diai<span class=\"_ _5\"/>re enre<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>r\u00e9 de ban<span class=\"_ _5\"/>cas<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce, bp<span class=\"_ _5\"/>ost di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibue de<span class=\"_ _5\"/>s pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de banq<span class=\"_ _5\"/>ue et d'as<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce pour le co<span class=\"_ _5\"/>mpte de bp<span class=\"_ _5\"/>ost</div>\n<div class=\"t m0 x5 h8 y88 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ban<span class=\"_ _5\"/>que. bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, en sa qu<span class=\"_ _5\"/>alit\u00e9 de pr<span class=\"_ _5\"/>est<span class=\"_ _5\"/>atai<span class=\"_ _5\"/>re de se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices<span class=\"_ _5\"/>, four<span class=\"_ _5\"/>niss<span class=\"_ _5\"/>ait en o<span class=\"_ _5\"/>utre de<span class=\"_ _5\"/>s ac<span class=\"_ _5\"/>tivi<span class=\"_ _5\"/>t\u00e9s de ba<span class=\"_ _5\"/>ck \u2013 off<span class=\"_ _5\"/>ice et d'aut<span class=\"_ _5\"/>res se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices a<span class=\"_ _5\"/>uxilia<span class=\"_ _5\"/>ires \u00e0</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que.</div>\n<div class=\"t m0 x5 h8 y8a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipaux p<span class=\"_ _5\"/>roduit<span class=\"_ _5\"/>s de ba<span class=\"_ _5\"/>ncas<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ance dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibu\u00e9s p<span class=\"_ _5\"/>ar bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que par le b<span class=\"_ _5\"/>iais de bp<span class=\"_ _5\"/>ost s<span class=\"_ _5\"/>ont les co<span class=\"_ _5\"/>mptes \u00e0 v<span class=\"_ _5\"/>ue, le<span class=\"_ _5\"/>s compte<span class=\"_ _5\"/>s d'<span class=\"_ _d\"/>\u00e9pa<span class=\"_ _5\"/>rgne<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">les co<span class=\"_ _5\"/>mptes \u00e0 te<span class=\"_ _5\"/>rme, d<span class=\"_ _5\"/>es cer<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>fic<span class=\"_ _5\"/>ats d<span class=\"_ _5\"/>e d\u00e9p\u00f4<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t de fond<span class=\"_ _5\"/>s ou des p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts s<span class=\"_ _5\"/>tru<span class=\"_ _5\"/>ctur<span class=\"_ _5\"/>\u00e9s fou<span class=\"_ _5\"/>rnis pa<span class=\"_ _5\"/>r BNPPF<span class=\"_ _1\"/>, re<span class=\"_ _5\"/>spe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>iveme<span class=\"_ _5\"/>nt les as<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ances a<span class=\"_ _5\"/>cci-</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">den<span class=\"_ _5\"/>t et/ou mal<span class=\"_ _5\"/>adie et l<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s li\u00e9s a<span class=\"_ _5\"/>ux rente<span class=\"_ _5\"/>s et pe<span class=\"_ _5\"/>nsion<span class=\"_ _5\"/>s, en ce co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s les as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nces \u2013 vi<span class=\"_ _5\"/>e \u201cbran<span class=\"_ _5\"/>che 21\u201d et \u201cbr<span class=\"_ _5\"/>anche 2<span class=\"_ _5\"/>3\u201d pr<span class=\"_ _5\"/>opos<span class=\"_ _5\"/>\u00e9es pa<span class=\"_ _5\"/>r</div>\n<div class=\"t m0 x5 h8 y8d ff4 fs3 fc2 sc0 ls37 ws3f\" style=\"z-index: 15;\">AG Insurance.</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que n'exerce a<span class=\"_ _5\"/>ucune a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9 de ge<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ion d'act<span class=\"_ _5\"/>ifs<span class=\"_ _5\"/>, de ban<span class=\"_ _5\"/>que pr<span class=\"_ _5\"/>iv\u00e9e ou d<span class=\"_ _5\"/>e pr\u00eat<span class=\"_ _5\"/>s comm<span class=\"_ _5\"/>ercia<span class=\"_ _5\"/>ux.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 31 mar<span class=\"_ _5\"/>s 2021, B<span class=\"_ _5\"/>NPPF et bp<span class=\"_ _5\"/>ost o<span class=\"_ _5\"/>nt annon<span class=\"_ _5\"/>c\u00e9 un nou<span class=\"_ _5\"/>veau mo<span class=\"_ _5\"/>d\u00e8le de co<span class=\"_ _5\"/>llabor<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, sel<span class=\"_ _5\"/>on lequ<span class=\"_ _5\"/>el bpo<span class=\"_ _5\"/>st cont<span class=\"_ _5\"/>inuer<span class=\"_ _5\"/>a \u00e0 dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uer au mo<span class=\"_ _5\"/>ins</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jus<span class=\"_ _5\"/>qu\u2019<span class=\"_ _d\"/>au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2028 \u2013 en t<span class=\"_ _5\"/>ant qu'inte<span class=\"_ _5\"/>rm\u00e9<span class=\"_ _5\"/>diaire en<span class=\"_ _5\"/>regis<span class=\"_ _5\"/>tr\u00e9 d<span class=\"_ _5\"/>e banc<span class=\"_ _5\"/>assu<span class=\"_ _5\"/>rance \u2013 d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de ban<span class=\"_ _5\"/>cas<span class=\"_ _5\"/>suran<span class=\"_ _5\"/>ce pour le co<span class=\"_ _5\"/>mpte de b<span class=\"_ _5\"/>post</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ban<span class=\"_ _5\"/>que \u00e0 tr<span class=\"_ _5\"/>avers s<span class=\"_ _5\"/>on r\u00e9s<span class=\"_ _5\"/>eau de b<span class=\"_ _5\"/>ureaux d<span class=\"_ _5\"/>e pos<span class=\"_ _5\"/>te.</div>\n<div class=\"t m0 x5 h7 y91 ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">Accord<span class=\"_ _d\"/> de partenariat pour la<span class=\"_ _d\"/> bancassurance</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n entre b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t et BNPP<span class=\"_ _5\"/>F concer<span class=\"_ _5\"/>nant bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque \u00e9<span class=\"_ _5\"/>tait d\u00e9<span class=\"_ _5\"/>fin<span class=\"_ _5\"/>ie dans un ac<span class=\"_ _5\"/>cord de par<span class=\"_ _5\"/>te<span class=\"_ _5\"/>naria<span class=\"_ _5\"/>t banca<span class=\"_ _5\"/>ire, qui a e<span class=\"_ _5\"/>xpir\u00e9 l<span class=\"_ _5\"/>e 3 janvier</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">202<span class=\"_ _5\"/>2 et a \u00e9t\u00e9 re<span class=\"_ _5\"/>mpla<span class=\"_ _5\"/>c\u00e9 par un ca<span class=\"_ _5\"/>dre de dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibutio<span class=\"_ _5\"/>n, de gou<span class=\"_ _5\"/>vern<span class=\"_ _5\"/>ance et d'aut<span class=\"_ _5\"/>res ac<span class=\"_ _5\"/>cords ann<span class=\"_ _5\"/>exes s<span class=\"_ _5\"/>ign\u00e9<span class=\"_ _5\"/>s par bpo<span class=\"_ _5\"/>st, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banqu<span class=\"_ _5\"/>e et BNPP<span class=\"_ _5\"/>F le</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">3 janvi<span class=\"_ _5\"/>er 202<span class=\"_ _5\"/>2.</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _3b\"/>\u2019accord d<span class=\"_ _5\"/>e dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion ave<span class=\"_ _5\"/>c bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que pr\u00e9<span class=\"_ _5\"/>voit en su<span class=\"_ _5\"/>bst<span class=\"_ _5\"/>ance que b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t est<span class=\"_ _5\"/>, sou<span class=\"_ _5\"/>s r\u00e9se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>ve de cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>aines e<span class=\"_ _5\"/>xcept<span class=\"_ _5\"/>ions pr<span class=\"_ _5\"/>\u00e9vue<span class=\"_ _5\"/>s dans l\u2019accord<span class=\"_ _5\"/>, le</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uteur e<span class=\"_ _5\"/>xclusi<span class=\"_ _5\"/>f des pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s et s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que via s<span class=\"_ _5\"/>on r\u00e9s<span class=\"_ _5\"/>eau de b<span class=\"_ _5\"/>ureaux d<span class=\"_ _5\"/>e pos<span class=\"_ _5\"/>te.</div>\n<div class=\"t m0 x5 h8 yf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts d'as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce d'<span class=\"_ _d\"/>AG Ins<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ce sont pr<span class=\"_ _5\"/>opos<span class=\"_ _5\"/>\u00e9s et co<span class=\"_ _5\"/>mmerc<span class=\"_ _5\"/>ialis\u00e9<span class=\"_ _5\"/>s via bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque e<span class=\"_ _5\"/>n recour<span class=\"_ _5\"/>ant au r\u00e9<span class=\"_ _5\"/>seau d<span class=\"_ _5\"/>e dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t.</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La co<span class=\"_ _5\"/>op\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n entre A<span class=\"_ _5\"/>G Insur<span class=\"_ _5\"/>ance, bp<span class=\"_ _5\"/>ost b<span class=\"_ _5\"/>anque e<span class=\"_ _5\"/>t bpos<span class=\"_ _5\"/>t es<span class=\"_ _5\"/>t d\u00e9f<span class=\"_ _5\"/>inie dan<span class=\"_ _5\"/>s un accord d<span class=\"_ _5\"/>e par<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat d'ass<span class=\"_ _5\"/>urance q<span class=\"_ _5\"/>ui a exp<span class=\"_ _5\"/>ir\u00e9 le 31 d\u00e9ce<span class=\"_ _5\"/>mbre</div>\n<div class=\"t m0 x5 h8 y11 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">2021<span class=\"_ _5\"/>. Suite au la<span class=\"_ _5\"/>nceme<span class=\"_ _5\"/>nt d'une de<span class=\"_ _5\"/>mande d<span class=\"_ _5\"/>e propo<span class=\"_ _5\"/>sitio<span class=\"_ _5\"/>ns en f\u00e9<span class=\"_ _5\"/>vrie<span class=\"_ _5\"/>r 2020, bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque a s<span class=\"_ _5\"/>\u00e9lec<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>nn\u00e9 AG Ins<span class=\"_ _5\"/>urance p<span class=\"_ _5\"/>our eng<span class=\"_ _5\"/>ager de<span class=\"_ _5\"/>s n\u00e9go<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y51 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ciat<span class=\"_ _5\"/>ions cont<span class=\"_ _5\"/>rac<span class=\"_ _5\"/>tue<span class=\"_ _5\"/>lles<span class=\"_ _5\"/>, qui ont ab<span class=\"_ _5\"/>outi \u00e0 la s<span class=\"_ _5\"/>ignatur<span class=\"_ _5\"/>e d'un nouve<span class=\"_ _5\"/>l accord d<span class=\"_ _5\"/>e par<span class=\"_ _5\"/>tenar<span class=\"_ _5\"/>iat d'ass<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ce le 16 d\u00e9cem<span class=\"_ _5\"/>bre 2021, e<span class=\"_ _5\"/>ntr\u00e9 e<span class=\"_ _5\"/>n vigue<span class=\"_ _5\"/>ur le</div>\n<div class=\"t m0 x5 h8 y52 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1er janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2. Le co<span class=\"_ _5\"/>ntrat d<span class=\"_ _5\"/>e dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion pr<span class=\"_ _5\"/>\u00e9voit un d<span class=\"_ _5\"/>roit d'acc\u00e8s<span class=\"_ _5\"/>, des co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sions s<span class=\"_ _5\"/>ur tous le<span class=\"_ _5\"/>s produ<span class=\"_ _5\"/>its d'as<span class=\"_ _5\"/>sura<span class=\"_ _5\"/>nce vend<span class=\"_ _5\"/>us par bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y53 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sions a<span class=\"_ _5\"/>dditi<span class=\"_ _5\"/>onne<span class=\"_ _5\"/>lles si cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ains ob<span class=\"_ _5\"/>jec<span class=\"_ _5\"/>tifs d<span class=\"_ _5\"/>e vente s<span class=\"_ _5\"/>ont at<span class=\"_ _5\"/>teint<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que a ver<span class=\"_ _5\"/>s\u00e9 \u00e0 bp<span class=\"_ _5\"/>ost u<span class=\"_ _5\"/>ne commis<span class=\"_ _5\"/>sion f<span class=\"_ _5\"/>ix\u00e9<span class=\"_ _5\"/>e selo<span class=\"_ _5\"/>n les con<span class=\"_ _5\"/>ditio<span class=\"_ _5\"/>ns du marc<span class=\"_ _5\"/>h\u00e9 pour l<span class=\"_ _5\"/>a dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>tion de p<span class=\"_ _5\"/>rodui<span class=\"_ _5\"/>ts de b<span class=\"_ _5\"/>anca<span class=\"_ _5\"/>ssur<span class=\"_ _5\"/>ance e<span class=\"_ _5\"/>t la</div>\n<div class=\"t m0 x5 h8 y55 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9al<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on de cer<span class=\"_ _5\"/>t<span class=\"_ _5\"/>aines a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s de back \u2013 o<span class=\"_ _5\"/>ffice<span class=\"_ _5\"/>. Le mont<span class=\"_ _5\"/>ant de la co<span class=\"_ _5\"/>mmis<span class=\"_ _5\"/>sion po<span class=\"_ _5\"/>ur la dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de banc<span class=\"_ _5\"/>ass<span class=\"_ _5\"/>uran<span class=\"_ _5\"/>ce d\u00e9pe<span class=\"_ _5\"/>n-</div>\n<div class=\"t m0 x5 h8 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dait<span class=\"_ _5\"/>, entr<span class=\"_ _5\"/>e autre<span class=\"_ _5\"/>s, de l<span class=\"_ _5\"/>a marge d'int\u00e9<span class=\"_ _5\"/>r\u00eat r\u00e9<span class=\"_ _5\"/>alis\u00e9<span class=\"_ _5\"/>e par bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque, d<span class=\"_ _5\"/>es ac<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s sous ge<span class=\"_ _5\"/>st<span class=\"_ _5\"/>ion et de<span class=\"_ _5\"/>s vente<span class=\"_ _5\"/>s de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s fina<span class=\"_ _5\"/>ncie<span class=\"_ _5\"/>rs/d'<span class=\"_ _d\"/>as<span class=\"_ _5\"/>sur<span class=\"_ _5\"/>ance</div>\n<div class=\"t m0 x5 h8 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9al<span class=\"_ _5\"/>is\u00e9e<span class=\"_ _5\"/>s par le r\u00e9<span class=\"_ _5\"/>seau R<span class=\"_ _5\"/>etail d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t. Le r<span class=\"_ _5\"/>evenu to<span class=\"_ _5\"/>tal li\u00e9 a<span class=\"_ _5\"/>ux pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s banc<span class=\"_ _5\"/>aires e<span class=\"_ _5\"/>t fina<span class=\"_ _5\"/>ncier<span class=\"_ _5\"/>s s\u2019est \u00e9l<span class=\"_ _5\"/>ev\u00e9 \u00e0 143,<span class=\"_ _5\"/>3 mEUR en 20<span class=\"_ _5\"/>22 (2021 : 149,7</div>\n<div class=\"t m0 x5 h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mEUR), don<span class=\"_ _5\"/>t un mont<span class=\"_ _5\"/>ant impo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tant e<span class=\"_ _5\"/>st li\u00e9 \u00e0 l<span class=\"_ _5\"/>a commis<span class=\"_ _5\"/>sion ve<span class=\"_ _5\"/>rs\u00e9<span class=\"_ _5\"/>e par bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque. L<span class=\"_ _5\"/>e mont<span class=\"_ _5\"/>ant d\u00fb par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t banque \u00e0 b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t au 31 d\u00e9<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">cemb<span class=\"_ _5\"/>re 202<span class=\"_ _5\"/>2 s'<span class=\"_ _d\"/>\u00e9le<span class=\"_ _5\"/>vait \u00e0 5,<span class=\"_ _5\"/>3 mEUR (202<span class=\"_ _5\"/>1 : 7<span class=\"_ _1\"/>,<span class=\"_ _5\"/>5 mEUR).</div>\n<div class=\"t m0 x5 h7 y5b ff5 fs3 fc2 sc0 ls40 ws62\" style=\"z-index: 15;\">Fonds de roulement</div>\n<div class=\"t m0 x5 h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que ava<span class=\"_ _5\"/>it mis un fon<span class=\"_ _5\"/>ds de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt de 12,<span class=\"_ _5\"/>0 mEUR \u00e0 la dis<span class=\"_ _5\"/>posit<span class=\"_ _5\"/>ion de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t, san<span class=\"_ _5\"/>s gara<span class=\"_ _5\"/>ntie ni p<span class=\"_ _5\"/>aieme<span class=\"_ _5\"/>nt d\u2019int\u00e9<span class=\"_ _5\"/>r\u00eat par b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t. Ce fo<span class=\"_ _5\"/>nds</div>\n<div class=\"t m0 x5 h8 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">de ro<span class=\"_ _5\"/>uleme<span class=\"_ _5\"/>nt est r<span class=\"_ _5\"/>es<span class=\"_ _5\"/>t\u00e9 \u00e0 la disp<span class=\"_ _5\"/>ositio<span class=\"_ _5\"/>n de bpo<span class=\"_ _5\"/>st tou<span class=\"_ _5\"/>t au long de l<span class=\"_ _5\"/>a dur\u00e9e d<span class=\"_ _5\"/>e l\u2019<span class=\"_ _d\"/>accor<span class=\"_ _5\"/>d de par<span class=\"_ _5\"/>ten<span class=\"_ _5\"/>ariat ba<span class=\"_ _5\"/>ncair<span class=\"_ _5\"/>e, jusq<span class=\"_ _5\"/>u\u2019<span class=\"_ _d\"/>au 3 janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2.</div>\n<div class=\"t m0 x5 h7 y5f ff5 fs3 fc2 sc0 ls35 ws3b\" style=\"z-index: 15;\">Emprunt subordonn\u00e9</div>\n<div class=\"t m0 x5 h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 11 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2019, bpos<span class=\"_ _5\"/>t a accord<span class=\"_ _5\"/>\u00e9 \u00e0 bpos<span class=\"_ _5\"/>t ban<span class=\"_ _5\"/>que un emp<span class=\"_ _5\"/>runt su<span class=\"_ _5\"/>bord<span class=\"_ _5\"/>onn\u00e9 s\u2019\u00e9lev<span class=\"_ _5\"/>ant \u00e0 25<span class=\"_ _5\"/>,0 mEUR<span class=\"_ _5\"/>, dont la ma<span class=\"_ _5\"/>turit\u00e9 e<span class=\"_ _5\"/>st de 10 a<span class=\"_ _5\"/>ns et ave<span class=\"_ _5\"/>c</div>\n<div class=\"t m0 x5 h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une p<span class=\"_ _5\"/>remi\u00e8<span class=\"_ _5\"/>re date d\u2019exerc<span class=\"_ _5\"/>ice de l\u2019optio<span class=\"_ _5\"/>n de rac<span class=\"_ _5\"/>hat apr\u00e8<span class=\"_ _5\"/>s 5 ans<span class=\"_ _5\"/>. Cet emp<span class=\"_ _5\"/>runt a \u00e9<span class=\"_ _5\"/>t\u00e9 remb<span class=\"_ _5\"/>ours<span class=\"_ _5\"/>\u00e9 \u00e0 bpos<span class=\"_ _5\"/>t le 3 janv<span class=\"_ _5\"/>ier 202<span class=\"_ _5\"/>2, par<span class=\"_ _5\"/>all\u00e8le<span class=\"_ _5\"/>ment \u00e0 la</div>\n<div class=\"t m0 x5 h8 y63 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inalis<span class=\"_ _5\"/>ation d<span class=\"_ _5\"/>e la tran<span class=\"_ _5\"/>sac<span class=\"_ _5\"/>tio<span class=\"_ _5\"/>n par laqu<span class=\"_ _5\"/>elle BN<span class=\"_ _5\"/>PPF a acquis l<span class=\"_ _5\"/>es 50<span class=\"_ _5\"/>% de par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>cipati<span class=\"_ _5\"/>ons de bp<span class=\"_ _5\"/>ost da<span class=\"_ _5\"/>ns bpo<span class=\"_ _5\"/>st ban<span class=\"_ _5\"/>que.</div>\n<div class=\"t m0 x5 h7 y65 ff7 fs3 fc2 sc0 lsc wsd\" style=\"z-index: 15;\">Jofi<span class=\"_ _5\"/>co</div>\n<div class=\"t m0 x5 h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le 4 nov<span class=\"_ _5\"/>embre 2019, b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t SA<span class=\"_ _5\"/>, A<span class=\"_ _5\"/>X<span class=\"_ _5\"/>A Ban<span class=\"_ _5\"/>k Belg<span class=\"_ _5\"/>ium SA<span class=\"_ _5\"/>, Cre<span class=\"_ _5\"/>lan S<span class=\"_ _5\"/>A, A<span class=\"_ _5\"/>rgent<span class=\"_ _5\"/>a Ban<span class=\"_ _5\"/>que d\u2019\u00e9parg<span class=\"_ _5\"/>ne SA e<span class=\"_ _5\"/>t vdk bank S<span class=\"_ _5\"/>A ont int\u00e9<span class=\"_ _5\"/>gr\u00e9 la co \u2013 en<span class=\"_ _5\"/>trep<span class=\"_ _5\"/>rise</div>\n<div class=\"t m0 x5 h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u201c<span class=\"_ _3b\"/>Jo<span class=\"_ _5\"/>fico C<span class=\"_ _5\"/>V<span class=\"_ _5\"/>\u201d<span class=\"_ _1\"/>. Ce<span class=\"_ _5\"/>tte co \u2013 e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>e, au sei<span class=\"_ _5\"/>n de laqu<span class=\"_ _5\"/>elle cha<span class=\"_ _5\"/>que ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>naire d\u00e9<span class=\"_ _5\"/>tient u<span class=\"_ _5\"/>ne par<span class=\"_ _5\"/>t \u00e9g<span class=\"_ _5\"/>ale, vis<span class=\"_ _5\"/>e \u00e0 met<span class=\"_ _5\"/>tre e<span class=\"_ _5\"/>n \u0153uv<span class=\"_ _5\"/>re un mod<span class=\"_ _5\"/>\u00e8le de dis<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x5 h8 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tr<span class=\"_ _5\"/>ibuteu<span class=\"_ _5\"/>r automat<span class=\"_ _5\"/>ique de b<span class=\"_ _5\"/>illet<span class=\"_ _5\"/>s en ta<span class=\"_ _5\"/>nt que se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice, e<span class=\"_ _5\"/>n ver<span class=\"_ _5\"/>tu duq<span class=\"_ _5\"/>uel les e<span class=\"_ _5\"/>ntre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>es par<span class=\"_ _5\"/>t<span class=\"_ _5\"/>icipante<span class=\"_ _5\"/>s combi<span class=\"_ _5\"/>neron<span class=\"_ _5\"/>t leurs f<span class=\"_ _5\"/>orces p<span class=\"_ _5\"/>our l'achat e<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x5 h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'entre<span class=\"_ _5\"/>tien d<span class=\"_ _5\"/>e leur r\u00e9<span class=\"_ _5\"/>seau re<span class=\"_ _5\"/>spe<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>if de dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>uteur<span class=\"_ _5\"/>s autom<span class=\"_ _5\"/>atique<span class=\"_ _5\"/>s de bille<span class=\"_ _5\"/>ts d<span class=\"_ _5\"/>e banqu<span class=\"_ _5\"/>e.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 980px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 102px; height: 980px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">d) <span class=\"_ _de\"> </span>R\u00e9mun\u00e9ration des<span class=\"_ _d\"/> principaux dirigean<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es de la dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tion pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>ale son<span class=\"_ _5\"/>t les pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnes d<span class=\"_ _5\"/>ont l'autor<span class=\"_ _5\"/>it\u00e9 et la re<span class=\"_ _5\"/>spo<span class=\"_ _5\"/>nsabi<span class=\"_ _5\"/>lit\u00e9 inf<span class=\"_ _5\"/>luent s<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>or<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>ation s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>at\u00e9giq<span class=\"_ _5\"/>ue de l'en-</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e. Au s<span class=\"_ _5\"/>ein de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, la dire<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on pri<span class=\"_ _5\"/>ncipal<span class=\"_ _5\"/>e est co<span class=\"_ _5\"/>mpos<span class=\"_ _5\"/>\u00e9e de tou<span class=\"_ _5\"/>s les me<span class=\"_ _5\"/>mbre<span class=\"_ _5\"/>s du Cons<span class=\"_ _5\"/>eil d'<span class=\"_ _d\"/>Ad<span class=\"_ _5\"/>minis<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>ion, y com<span class=\"_ _5\"/>pris le C<span class=\"_ _5\"/>EO<span class=\"_ _d\"/>, et d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls5d ws71\" style=\"z-index: 15;\">l\u2019E<span class=\"_ _5\"/>xecutive Committe<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Comm<span class=\"_ _5\"/>e d\u00e9c<span class=\"_ _5\"/>rit dan<span class=\"_ _5\"/>s le Rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t de R\u00e9mu<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>tion, l<span class=\"_ _5\"/>a Politi<span class=\"_ _5\"/>que de R\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>ation f<span class=\"_ _5\"/>ix<span class=\"_ _5\"/>ant les pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>es de r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on des m<span class=\"_ _5\"/>embre<span class=\"_ _5\"/>s non</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ex\u00e9<span class=\"_ _5\"/>cutif<span class=\"_ _5\"/>s du Con<span class=\"_ _5\"/>seil d'Admini<span class=\"_ _5\"/>str<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, du CEO et de<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res de l<span class=\"_ _5\"/>\u2019Exe<span class=\"_ _5\"/>cuti<span class=\"_ _5\"/>ve Comm<span class=\"_ _5\"/>itte<span class=\"_ _5\"/>e a \u00e9t\u00e9 app<span class=\"_ _5\"/>rouv\u00e9<span class=\"_ _5\"/>e par l'As<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>bl\u00e9e G<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>ale des</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>naire<span class=\"_ _5\"/>s du 12 mai 20<span class=\"_ _5\"/>21. Cet<span class=\"_ _5\"/>te Poli<span class=\"_ _5\"/>tique d<span class=\"_ _5\"/>e R\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t appl<span class=\"_ _5\"/>icabl<span class=\"_ _5\"/>e depui<span class=\"_ _5\"/>s le 1er janvie<span class=\"_ _5\"/>r 2021. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t n<span class=\"_ _d\"/>'y a p<span class=\"_ _5\"/>as d\u00e9ro<span class=\"_ _5\"/>g\u00e9 au cour<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">l'<span class=\"_ _d\"/>exercice 2022.</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es du Con<span class=\"_ _5\"/>seil d'Admini<span class=\"_ _5\"/>str<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, excep<span class=\"_ _5\"/>tion f<span class=\"_ _5\"/>aite du CEO, so<span class=\"_ _5\"/>nt habili<span class=\"_ _5\"/>t\u00e9s \u00e0 re<span class=\"_ _5\"/>cevoir (i) un<span class=\"_ _5\"/>e r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion men<span class=\"_ _5\"/>suell<span class=\"_ _5\"/>e fixe<span class=\"_ _5\"/>, ainsi qu\u2019un (ii)</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jeto<span class=\"_ _5\"/>n de pr\u00e9<span class=\"_ _5\"/>sence p<span class=\"_ _5\"/>ar r\u00e9un<span class=\"_ _5\"/>ion du Com<span class=\"_ _5\"/>it\u00e9 consu<span class=\"_ _5\"/>ltatif \u00e0 l<span class=\"_ _5\"/>aque<span class=\"_ _5\"/>lle ils as<span class=\"_ _5\"/>sis<span class=\"_ _5\"/>tent<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, la r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation to<span class=\"_ _5\"/>tale pay\u00e9<span class=\"_ _5\"/>e aux m<span class=\"_ _5\"/>embre<span class=\"_ _5\"/>s du Cons<span class=\"_ _5\"/>eil d'Adminis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ation (\u00e0 l'excep<span class=\"_ _5\"/>tion du CEO) s'es<span class=\"_ _5\"/>t \u00e9lev\u00e9<span class=\"_ _5\"/>e \u00e0 0,5 m<span class=\"_ _5\"/>EUR (2021 : 0,<span class=\"_ _5\"/>5</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls39 ws41\" style=\"z-index: 15;\">mEU<span class=\"_ _5\"/>R).</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pa<span class=\"_ _5\"/>ckage de r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on du CEO et de<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res de l<span class=\"_ _5\"/>\u2019Exe<span class=\"_ _5\"/>cuti<span class=\"_ _5\"/>ve Comm<span class=\"_ _5\"/>itte<span class=\"_ _5\"/>e se comp<span class=\"_ _5\"/>ose (i) d'un<span class=\"_ _5\"/>e r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion de ba<span class=\"_ _5\"/>se f<span class=\"_ _5\"/>ixe, (ii) d'une</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>le \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me, (iii) de co<span class=\"_ _5\"/>tisat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e retr<span class=\"_ _5\"/>aite et (i<span class=\"_ _5\"/>v) de dive<span class=\"_ _5\"/>rs aut<span class=\"_ _5\"/>res ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour l\u2019exe<span class=\"_ _5\"/>rcice se c<span class=\"_ _5\"/>l\u00f4tura<span class=\"_ _5\"/>nt au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2, un<span class=\"_ _5\"/>e r\u00e9mun\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ion tota<span class=\"_ _5\"/>le de 5,4 mEUR (2<span class=\"_ _5\"/>021 : 4,<span class=\"_ _5\"/>5 mEUR), hor<span class=\"_ _5\"/>s r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>, a \u00e9t\u00e9</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>s\u00e9e a<span class=\"_ _5\"/>u CEO et aux m<span class=\"_ _5\"/>embre<span class=\"_ _5\"/>s de l\u2019E<span class=\"_ _5\"/>xec<span class=\"_ _5\"/>utive C<span class=\"_ _5\"/>ommit<span class=\"_ _5\"/>tee<span class=\"_ _5\"/>. Elle peu<span class=\"_ _5\"/>t \u00eatre ve<span class=\"_ _5\"/>ntil\u00e9<span class=\"_ _5\"/>e comme su<span class=\"_ _5\"/>it :</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>R\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation de b<span class=\"_ _5\"/>ase : 4.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>42.070,71 EUR (2021 : 3.0<span class=\"_ _5\"/>90<span class=\"_ _5\"/>.667<span class=\"_ _d\"/>,78 EUR) ;</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Coti<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons de re<span class=\"_ _5\"/>trai<span class=\"_ _5\"/>te : 718.<span class=\"_ _5\"/>54<span class=\"_ _5\"/>9,51 EUR (2021 : 3<span class=\"_ _5\"/>53.<span class=\"_ _5\"/>110,5<span class=\"_ _5\"/>4 EUR) ;</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Aut<span class=\"_ _5\"/>res ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s : 325<span class=\"_ _5\"/>.5<span class=\"_ _5\"/>83<span class=\"_ _5\"/>,39 EU<span class=\"_ _5\"/>R (2021 : 1<span class=\"_ _d\"/>77.44<span class=\"_ _5\"/>5,3<span class=\"_ _5\"/>8 EUR).</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En out<span class=\"_ _5\"/>re, le CEO et le<span class=\"_ _5\"/>s mem<span class=\"_ _5\"/>bres de l<span class=\"_ _5\"/>\u2019E<span class=\"_ _5\"/>xecut<span class=\"_ _5\"/>ive Comm<span class=\"_ _5\"/>itte<span class=\"_ _5\"/>e ont re<span class=\"_ _5\"/>\u00e7u en 202<span class=\"_ _5\"/>2 une r\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n varia<span class=\"_ _5\"/>ble glob<span class=\"_ _5\"/>ale de 1.<span class=\"_ _5\"/>378.<span class=\"_ _5\"/>351,4<span class=\"_ _5\"/>9 EUR (2021 :</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">897<span class=\"_ _d\"/>.6<span class=\"_ _5\"/>54,<span class=\"_ _5\"/>35 EU<span class=\"_ _5\"/>R) \u00e9tan<span class=\"_ _5\"/>t donn\u00e9 q<span class=\"_ _5\"/>ue les ob<span class=\"_ _5\"/>jec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s collec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s et les o<span class=\"_ _5\"/>bjec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s de per<span class=\"_ _5\"/>f<span class=\"_ _5\"/>orman<span class=\"_ _5\"/>ce indiv<span class=\"_ _5\"/>iduel<span class=\"_ _5\"/>le pour l'ann\u00e9<span class=\"_ _5\"/>e qui s'es<span class=\"_ _5\"/>t termin<span class=\"_ _5\"/>\u00e9e le 31</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>cembre 20<span class=\"_ _5\"/>21 ont \u00e9t\u00e9 a<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>ints (l'\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n de 2021 a \u00e9<span class=\"_ _5\"/>t\u00e9 ache<span class=\"_ _5\"/>v\u00e9e en 20<span class=\"_ _5\"/>22).</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Auc<span class=\"_ _5\"/>une ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>, optio<span class=\"_ _5\"/>n d'achat d'ac<span class=\"_ _5\"/>tions o<span class=\"_ _5\"/>u aucun a<span class=\"_ _5\"/>utre dro<span class=\"_ _5\"/>it d'acqu\u00e9r<span class=\"_ _5\"/>ir des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions (ou aut<span class=\"_ _5\"/>re r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>n act<span class=\"_ _5\"/>ions) n'a \u00e9t\u00e9 oc<span class=\"_ _5\"/>troy\u00e9<span class=\"_ _5\"/>(<span class=\"_ _d\"/>e)</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ou e<span class=\"_ _5\"/>xerc\u00e9(e) par le CEO ou l<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res me<span class=\"_ _5\"/>mbre<span class=\"_ _5\"/>s de l\u2019E<span class=\"_ _5\"/>xecu<span class=\"_ _5\"/>tive Co<span class=\"_ _5\"/>mmit<span class=\"_ _5\"/>tee ou n'a exp<span class=\"_ _5\"/>ir\u00e9 en 202<span class=\"_ _5\"/>2. Au<span class=\"_ _5\"/>cune op<span class=\"_ _5\"/>tion re<span class=\"_ _5\"/>levan<span class=\"_ _5\"/>t de pr\u00e9<span class=\"_ _5\"/>c\u00e9den<span class=\"_ _5\"/>ts pl<span class=\"_ _5\"/>ans</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'optio<span class=\"_ _5\"/>n sur ac<span class=\"_ _5\"/>tion n'\u00e9ta<span class=\"_ _5\"/>it enco<span class=\"_ _5\"/>re due po<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xercice 2<span class=\"_ _5\"/>022<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Un r\u00e9<span class=\"_ _5\"/>capit<span class=\"_ _5\"/>ulatif p<span class=\"_ _5\"/>lus d\u00e9t<span class=\"_ _5\"/>aill\u00e9 de la r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on de la dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tion pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>ale de bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>t de la pol<span class=\"_ _5\"/>itiqu<span class=\"_ _5\"/>e de r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t figu<span class=\"_ _5\"/>re dans le</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">Rappor<span class=\"_ _5\"/>t de R\u00e9mun\u00e9ration.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 537px; height: 545px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 537px; height: 545px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 537px; height: 545px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag347": {
   "value": "\n<div><br/></div>\n\n<div><br/></div>\n<div class=\"t m0 x5 hb y80 ff5 fs6 fc3 sc0 ls1e ws20\" style=\"z-index: 15;\">d) <span class=\"_ _de\"> </span>R\u00e9mun\u00e9ration des<span class=\"_ _d\"/> principaux dirigean<span class=\"_ _d\"/>ts</div>\n<div class=\"t m0 x5 h8 y81 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es de la dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tion pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>ale son<span class=\"_ _5\"/>t les pe<span class=\"_ _5\"/>rso<span class=\"_ _5\"/>nnes d<span class=\"_ _5\"/>ont l'autor<span class=\"_ _5\"/>it\u00e9 et la re<span class=\"_ _5\"/>spo<span class=\"_ _5\"/>nsabi<span class=\"_ _5\"/>lit\u00e9 inf<span class=\"_ _5\"/>luent s<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>or<span class=\"_ _5\"/>ient<span class=\"_ _5\"/>ation s<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>at\u00e9giq<span class=\"_ _5\"/>ue de l'en-</div>\n<div class=\"t m0 x5 h8 y82 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e. Au s<span class=\"_ _5\"/>ein de bp<span class=\"_ _5\"/>ost<span class=\"_ _5\"/>, la dire<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on pri<span class=\"_ _5\"/>ncipal<span class=\"_ _5\"/>e est co<span class=\"_ _5\"/>mpos<span class=\"_ _5\"/>\u00e9e de tou<span class=\"_ _5\"/>s les me<span class=\"_ _5\"/>mbre<span class=\"_ _5\"/>s du Cons<span class=\"_ _5\"/>eil d'<span class=\"_ _d\"/>Ad<span class=\"_ _5\"/>minis<span class=\"_ _5\"/>trat<span class=\"_ _5\"/>ion, y com<span class=\"_ _5\"/>pris le C<span class=\"_ _5\"/>EO<span class=\"_ _d\"/>, et d<span class=\"_ _5\"/>e</div>\n<div class=\"t m0 x5 h8 y83 ff4 fs3 fc2 sc0 ls5d ws71\" style=\"z-index: 15;\">l\u2019E<span class=\"_ _5\"/>xecutive Committe<span class=\"_ _5\"/>e.</div>\n<div class=\"t m0 x5 h8 y85 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Comm<span class=\"_ _5\"/>e d\u00e9c<span class=\"_ _5\"/>rit dan<span class=\"_ _5\"/>s le Rapp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t de R\u00e9mu<span class=\"_ _5\"/>n\u00e9ra<span class=\"_ _5\"/>tion, l<span class=\"_ _5\"/>a Politi<span class=\"_ _5\"/>que de R\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>ation f<span class=\"_ _5\"/>ix<span class=\"_ _5\"/>ant les pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>es de r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on des m<span class=\"_ _5\"/>embre<span class=\"_ _5\"/>s non</div>\n<div class=\"t m0 x5 h8 y86 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ex\u00e9<span class=\"_ _5\"/>cutif<span class=\"_ _5\"/>s du Con<span class=\"_ _5\"/>seil d'Admini<span class=\"_ _5\"/>str<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, du CEO et de<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res de l<span class=\"_ _5\"/>\u2019Exe<span class=\"_ _5\"/>cuti<span class=\"_ _5\"/>ve Comm<span class=\"_ _5\"/>itte<span class=\"_ _5\"/>e a \u00e9t\u00e9 app<span class=\"_ _5\"/>rouv\u00e9<span class=\"_ _5\"/>e par l'As<span class=\"_ _5\"/>sem<span class=\"_ _5\"/>bl\u00e9e G<span class=\"_ _5\"/>\u00e9n\u00e9r<span class=\"_ _5\"/>ale des</div>\n<div class=\"t m0 x5 h8 y87 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>naire<span class=\"_ _5\"/>s du 12 mai 20<span class=\"_ _5\"/>21. Cet<span class=\"_ _5\"/>te Poli<span class=\"_ _5\"/>tique d<span class=\"_ _5\"/>e R\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion es<span class=\"_ _5\"/>t appl<span class=\"_ _5\"/>icabl<span class=\"_ _5\"/>e depui<span class=\"_ _5\"/>s le 1er janvie<span class=\"_ _5\"/>r 2021. b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t n<span class=\"_ _d\"/>'y a p<span class=\"_ _5\"/>as d\u00e9ro<span class=\"_ _5\"/>g\u00e9 au cour<span class=\"_ _5\"/>s de</div>\n<div class=\"t m0 x5 h8 y4e ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">l'<span class=\"_ _d\"/>exercice 2022.</div>\n<div class=\"t m0 x5 h8 yee ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Les m<span class=\"_ _5\"/>embr<span class=\"_ _5\"/>es du Con<span class=\"_ _5\"/>seil d'Admini<span class=\"_ _5\"/>str<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n, excep<span class=\"_ _5\"/>tion f<span class=\"_ _5\"/>aite du CEO, so<span class=\"_ _5\"/>nt habili<span class=\"_ _5\"/>t\u00e9s \u00e0 re<span class=\"_ _5\"/>cevoir (i) un<span class=\"_ _5\"/>e r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion men<span class=\"_ _5\"/>suell<span class=\"_ _5\"/>e fixe<span class=\"_ _5\"/>, ainsi qu\u2019un (ii)</div>\n<div class=\"t m0 x5 h8 y89 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">jeto<span class=\"_ _5\"/>n de pr\u00e9<span class=\"_ _5\"/>sence p<span class=\"_ _5\"/>ar r\u00e9un<span class=\"_ _5\"/>ion du Com<span class=\"_ _5\"/>it\u00e9 consu<span class=\"_ _5\"/>ltatif \u00e0 l<span class=\"_ _5\"/>aque<span class=\"_ _5\"/>lle ils as<span class=\"_ _5\"/>sis<span class=\"_ _5\"/>tent<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y8b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En 202<span class=\"_ _5\"/>2, la r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation to<span class=\"_ _5\"/>tale pay\u00e9<span class=\"_ _5\"/>e aux m<span class=\"_ _5\"/>embre<span class=\"_ _5\"/>s du Cons<span class=\"_ _5\"/>eil d'Adminis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ation (\u00e0 l'excep<span class=\"_ _5\"/>tion du CEO) s'es<span class=\"_ _5\"/>t \u00e9lev\u00e9<span class=\"_ _5\"/>e \u00e0 0,5 m<span class=\"_ _5\"/>EUR (2021 : 0,<span class=\"_ _5\"/>5</div>\n<div class=\"t m0 x5 h8 y8c ff4 fs3 fc2 sc0 ls39 ws41\" style=\"z-index: 15;\">mEU<span class=\"_ _5\"/>R).</div>\n<div class=\"t m0 x5 h8 y7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Le pa<span class=\"_ _5\"/>ckage de r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on du CEO et de<span class=\"_ _5\"/>s memb<span class=\"_ _5\"/>res de l<span class=\"_ _5\"/>\u2019Exe<span class=\"_ _5\"/>cuti<span class=\"_ _5\"/>ve Comm<span class=\"_ _5\"/>itte<span class=\"_ _5\"/>e se comp<span class=\"_ _5\"/>ose (i) d'un<span class=\"_ _5\"/>e r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion de ba<span class=\"_ _5\"/>se f<span class=\"_ _5\"/>ixe, (ii) d'une</div>\n<div class=\"t m0 x5 h8 y8e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation v<span class=\"_ _5\"/>ariab<span class=\"_ _5\"/>le \u00e0 cour<span class=\"_ _5\"/>t ter<span class=\"_ _5\"/>me, (iii) de co<span class=\"_ _5\"/>tisat<span class=\"_ _5\"/>ions d<span class=\"_ _5\"/>e retr<span class=\"_ _5\"/>aite et (i<span class=\"_ _5\"/>v) de dive<span class=\"_ _5\"/>rs aut<span class=\"_ _5\"/>res ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h8 y8f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Pour l\u2019exe<span class=\"_ _5\"/>rcice se c<span class=\"_ _5\"/>l\u00f4tura<span class=\"_ _5\"/>nt au 31 d\u00e9ce<span class=\"_ _5\"/>mbre 202<span class=\"_ _5\"/>2, un<span class=\"_ _5\"/>e r\u00e9mun\u00e9<span class=\"_ _5\"/>rat<span class=\"_ _5\"/>ion tota<span class=\"_ _5\"/>le de 5,4 mEUR (2<span class=\"_ _5\"/>021 : 4,<span class=\"_ _5\"/>5 mEUR), hor<span class=\"_ _5\"/>s r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion var<span class=\"_ _5\"/>iable<span class=\"_ _5\"/>, a \u00e9t\u00e9</div>\n<div class=\"t m0 x5 h8 y9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ver<span class=\"_ _5\"/>s\u00e9e a<span class=\"_ _5\"/>u CEO et aux m<span class=\"_ _5\"/>embre<span class=\"_ _5\"/>s de l\u2019E<span class=\"_ _5\"/>xec<span class=\"_ _5\"/>utive C<span class=\"_ _5\"/>ommit<span class=\"_ _5\"/>tee<span class=\"_ _5\"/>. Elle peu<span class=\"_ _5\"/>t \u00eatre ve<span class=\"_ _5\"/>ntil\u00e9<span class=\"_ _5\"/>e comme su<span class=\"_ _5\"/>it :</div>\n<div class=\"t m0 x5 h8 y90 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>R\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation de b<span class=\"_ _5\"/>ase : 4.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>42.070,71 EUR (2021 : 3.0<span class=\"_ _5\"/>90<span class=\"_ _5\"/>.667<span class=\"_ _d\"/>,78 EUR) ;</div>\n<div class=\"t m0 x5 h8 ya ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Coti<span class=\"_ _5\"/>sati<span class=\"_ _5\"/>ons de re<span class=\"_ _5\"/>trai<span class=\"_ _5\"/>te : 718.<span class=\"_ _5\"/>54<span class=\"_ _5\"/>9,51 EUR (2021 : 3<span class=\"_ _5\"/>53.<span class=\"_ _5\"/>110,5<span class=\"_ _5\"/>4 EUR) ;</div>\n<div class=\"t m0 x5 h8 y91 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Aut<span class=\"_ _5\"/>res ava<span class=\"_ _5\"/>ntage<span class=\"_ _5\"/>s : 325<span class=\"_ _5\"/>.5<span class=\"_ _5\"/>83<span class=\"_ _5\"/>,39 EU<span class=\"_ _5\"/>R (2021 : 1<span class=\"_ _d\"/>77.44<span class=\"_ _5\"/>5,3<span class=\"_ _5\"/>8 EUR).</div>\n<div class=\"t m0 x5 h8 y92 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">En out<span class=\"_ _5\"/>re, le CEO et le<span class=\"_ _5\"/>s mem<span class=\"_ _5\"/>bres de l<span class=\"_ _5\"/>\u2019E<span class=\"_ _5\"/>xecut<span class=\"_ _5\"/>ive Comm<span class=\"_ _5\"/>itte<span class=\"_ _5\"/>e ont re<span class=\"_ _5\"/>\u00e7u en 202<span class=\"_ _5\"/>2 une r\u00e9<span class=\"_ _5\"/>mun\u00e9r<span class=\"_ _5\"/>atio<span class=\"_ _5\"/>n varia<span class=\"_ _5\"/>ble glob<span class=\"_ _5\"/>ale de 1.<span class=\"_ _5\"/>378.<span class=\"_ _5\"/>351,4<span class=\"_ _5\"/>9 EUR (2021 :</div>\n<div class=\"t m0 x5 h8 yc ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">897<span class=\"_ _d\"/>.6<span class=\"_ _5\"/>54,<span class=\"_ _5\"/>35 EU<span class=\"_ _5\"/>R) \u00e9tan<span class=\"_ _5\"/>t donn\u00e9 q<span class=\"_ _5\"/>ue les ob<span class=\"_ _5\"/>jec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s collec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s et les o<span class=\"_ _5\"/>bjec<span class=\"_ _5\"/>tif<span class=\"_ _5\"/>s de per<span class=\"_ _5\"/>f<span class=\"_ _5\"/>orman<span class=\"_ _5\"/>ce indiv<span class=\"_ _5\"/>iduel<span class=\"_ _5\"/>le pour l'ann\u00e9<span class=\"_ _5\"/>e qui s'es<span class=\"_ _5\"/>t termin<span class=\"_ _5\"/>\u00e9e le 31</div>\n<div class=\"t m0 x5 h8 y93 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9<span class=\"_ _5\"/>cembre 20<span class=\"_ _5\"/>21 ont \u00e9t\u00e9 a<span class=\"_ _5\"/>tte<span class=\"_ _5\"/>ints (l'\u00e9v<span class=\"_ _5\"/>aluatio<span class=\"_ _5\"/>n de 2021 a \u00e9<span class=\"_ _5\"/>t\u00e9 ache<span class=\"_ _5\"/>v\u00e9e en 20<span class=\"_ _5\"/>22).</div>\n<div class=\"t m0 x5 h8 y94 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Auc<span class=\"_ _5\"/>une ac<span class=\"_ _5\"/>tion<span class=\"_ _5\"/>, optio<span class=\"_ _5\"/>n d'achat d'ac<span class=\"_ _5\"/>tions o<span class=\"_ _5\"/>u aucun a<span class=\"_ _5\"/>utre dro<span class=\"_ _5\"/>it d'acqu\u00e9r<span class=\"_ _5\"/>ir des a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ions (ou aut<span class=\"_ _5\"/>re r\u00e9m<span class=\"_ _5\"/>un\u00e9r<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>n act<span class=\"_ _5\"/>ions) n'a \u00e9t\u00e9 oc<span class=\"_ _5\"/>troy\u00e9<span class=\"_ _5\"/>(<span class=\"_ _d\"/>e)</div>\n<div class=\"t m0 x5 h8 ye ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ou e<span class=\"_ _5\"/>xerc\u00e9(e) par le CEO ou l<span class=\"_ _5\"/>es aut<span class=\"_ _5\"/>res me<span class=\"_ _5\"/>mbre<span class=\"_ _5\"/>s de l\u2019E<span class=\"_ _5\"/>xecu<span class=\"_ _5\"/>tive Co<span class=\"_ _5\"/>mmit<span class=\"_ _5\"/>tee ou n'a exp<span class=\"_ _5\"/>ir\u00e9 en 202<span class=\"_ _5\"/>2. Au<span class=\"_ _5\"/>cune op<span class=\"_ _5\"/>tion re<span class=\"_ _5\"/>levan<span class=\"_ _5\"/>t de pr\u00e9<span class=\"_ _5\"/>c\u00e9den<span class=\"_ _5\"/>ts pl<span class=\"_ _5\"/>ans</div>\n<div class=\"t m0 x5 h8 y95 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d'optio<span class=\"_ _5\"/>n sur ac<span class=\"_ _5\"/>tion n'\u00e9ta<span class=\"_ _5\"/>it enco<span class=\"_ _5\"/>re due po<span class=\"_ _5\"/>ur l'<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xercice 2<span class=\"_ _5\"/>022<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h8 y10 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Un r\u00e9<span class=\"_ _5\"/>capit<span class=\"_ _5\"/>ulatif p<span class=\"_ _5\"/>lus d\u00e9t<span class=\"_ _5\"/>aill\u00e9 de la r<span class=\"_ _5\"/>\u00e9mun\u00e9<span class=\"_ _5\"/>rati<span class=\"_ _5\"/>on de la dir<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tion pr<span class=\"_ _5\"/>incip<span class=\"_ _5\"/>ale de bp<span class=\"_ _5\"/>ost e<span class=\"_ _5\"/>t de la pol<span class=\"_ _5\"/>itiqu<span class=\"_ _5\"/>e de r\u00e9mun<span class=\"_ _5\"/>\u00e9rat<span class=\"_ _5\"/>ion de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t figu<span class=\"_ _5\"/>re dans le</div>\n<div class=\"t m0 x5 h8 yb6 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">Rappor<span class=\"_ _5\"/>t de R\u00e9mun\u00e9ration.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 5%; bottom: 537px; height: 545px; width: 90%; z-index: 4;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 537px; height: 545px; width: 92%; z-index: 3;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag348": {
   "value": "\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y53 ffc fs11 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>34 <span class=\"_ _38\"/>Soci\u00e9t\u00e9s du g<span class=\"_ _d\"/>roupe</div>\n<div class=\"t m0 x5 h8 y96 ff4 fs3 fc2 sc0 lsa wsb\" style=\"z-index: 15;\">Les act<span class=\"_ _5\"/>ivit\u00e9s commerciales des principales filiales peuvent \u00eat<span class=\"_ _5\"/>re d\u00e9crites comme suit :</div>\n<div class=\"t m0 x5 h7 y56 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 ls40 ws62\">Aldipress</span> es<span class=\"_ _5\"/>t ac<span class=\"_ _5\"/>tive s<span class=\"_ _5\"/>ur le march<span class=\"_ _5\"/>\u00e9 n\u00e9er<span class=\"_ _5\"/>land<span class=\"_ _5\"/>ais en ta<span class=\"_ _5\"/>nt que dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuteu<span class=\"_ _5\"/>r de maga<span class=\"_ _5\"/>zines<span class=\"_ _5\"/>, de ban<span class=\"_ _5\"/>des de<span class=\"_ _5\"/>ssin<span class=\"_ _5\"/>\u00e9es<span class=\"_ _5\"/>, de rom<span class=\"_ _5\"/>ans et de l<span class=\"_ _5\"/>ivre<span class=\"_ _5\"/>s \u2013 puz<span class=\"_ _5\"/>zle.</div>\n<div class=\"t m0 x5 h7 y57 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ws37\">Les a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s <span class=\"ff7 lsae wsc8\">d<span class=\"_ _d\"/>\u2019<span class=\"_ _d\"/>Activ<span class=\"_ _1\"/>e Ants<span class=\"_ _d\"/><span class=\"ff4 ls0 ws37\"> conce<span class=\"_ _5\"/>rne<span class=\"_ _5\"/>nt l\u2019<span class=\"_ _d\"/>e \u2013 ful<span class=\"_ _5\"/>film<span class=\"_ _5\"/>ent tr<span class=\"_ _5\"/>ansf<span class=\"_ _5\"/>ront<span class=\"_ _5\"/>alier p<span class=\"_ _5\"/>our les b<span class=\"_ _5\"/>outi<span class=\"_ _5\"/>ques e<span class=\"_ _5\"/>n ligne, y co<span class=\"_ _5\"/>mpri<span class=\"_ _5\"/>s le sto<span class=\"_ _5\"/>ckage, la co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>te, l\u2019embal<span class=\"ws0\">-</span></span></span></span></div>\n<div class=\"t m0 x2a h8 y58 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">lage, l<span class=\"_ _5\"/>e tran<span class=\"_ _5\"/>spor<span class=\"_ _5\"/>t e<span class=\"_ _5\"/>t la ges<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>s reto<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y59 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 ls52 ws63\">AMP</span> es<span class=\"_ _5\"/>t un ac<span class=\"_ _5\"/>teur de pr<span class=\"_ _5\"/>emie<span class=\"_ _5\"/>r plan sur le m<span class=\"_ _5\"/>arch\u00e9 b<span class=\"_ _5\"/>elge de la d<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ion de la p<span class=\"_ _5\"/>res<span class=\"_ _5\"/>se ave<span class=\"_ _5\"/>c un gran<span class=\"_ _5\"/>d nomb<span class=\"_ _5\"/>re de poi<span class=\"_ _5\"/>nts d<span class=\"_ _5\"/>e vente de<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vis et</div>\n<div class=\"t m0 x2a h8 y5a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un gr<span class=\"_ _5\"/>and no<span class=\"_ _5\"/>mbre de t<span class=\"_ _5\"/>itre<span class=\"_ _5\"/>s dist<span class=\"_ _5\"/>ribu<span class=\"_ _5\"/>\u00e9s.</div>\n<div class=\"t m0 x5 h7 y5b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>L<span class=\"_ _3b\"/>'ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>it\u00e9 de <span class=\"ff5 ls35 ws3b\">Apple</span> <span class=\"ff5 ls35 ws3b\">Express Courier (<span class=\"_ _d\"/>Miami)<span class=\"ff4 ls0 ws0\"> et de </span>Apple<span class=\"ff4 ls0 ws0\"> </span><span class=\"ls4e ws5d\">Express<span class=\"ff4 ls0 ws0\"> </span></span>Courier (<span class=\"_ _d\"/>Canada)<span class=\"_ _d\"/><span class=\"ff4 ls0 ws0\"> so<span class=\"_ _5\"/>nt des e<span class=\"_ _5\"/>ntrep<span class=\"_ _5\"/>ris<span class=\"_ _5\"/>es de log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ique et d<span class=\"_ _5\"/>e cha\u00eene d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>ap<span class=\"_ _5\"/>-</span></span></div>\n<div class=\"t m0 x2a h8 y20d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">prov<span class=\"_ _5\"/>ision<span class=\"_ _5\"/>neme<span class=\"_ _5\"/>nt sp\u00e9<span class=\"_ _5\"/>cialis<span class=\"_ _5\"/>\u00e9es da<span class=\"_ _5\"/>ns le tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t rapi<span class=\"_ _5\"/>de et sp<span class=\"_ _5\"/>\u00e9cial<span class=\"_ _5\"/>is\u00e9 hau<span class=\"_ _5\"/>t de gamm<span class=\"_ _5\"/>e et les s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s d\u2019entre<span class=\"_ _5\"/>posag<span class=\"_ _5\"/>e, aller e<span class=\"_ _5\"/>t retour \u00e0 v<span class=\"_ _5\"/>aleur</div>\n<div class=\"t m0 x2a h8 y5c ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ajou<span class=\"_ _5\"/>t\u00e9e, e<span class=\"_ _5\"/>t ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ce de livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n au der<span class=\"_ _5\"/>nier k<span class=\"_ _5\"/>ilom\u00e8<span class=\"_ _5\"/>tre au C<span class=\"_ _5\"/>anada<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y5d ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 ls33 ws7a\">bpost</span> <span class=\"ff5 ls33 ws7a\">Singapo<span class=\"_ _5\"/>re</span> et <span class=\"ff7\">bpos<span class=\"_ _5\"/>t Ho<span class=\"_ _5\"/>ng Kong</span> fo<span class=\"_ _5\"/>urnis<span class=\"_ _5\"/>sen<span class=\"_ _5\"/>t un \u00e9vent<span class=\"_ _5\"/>ail comp<span class=\"_ _5\"/>let de s<span class=\"_ _5\"/>olutio<span class=\"_ _5\"/>ns de liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on et d<span class=\"_ _5\"/>e logis<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>, en ce comp<span class=\"_ _5\"/>ris le tr<span class=\"_ _5\"/>aite<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 y5e ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">men<span class=\"_ _5\"/>t des pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s et du co<span class=\"_ _5\"/>urri<span class=\"_ _5\"/>er tra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>ronta<span class=\"_ _5\"/>lier<span class=\"_ _5\"/>s et le ful<span class=\"_ _5\"/>film<span class=\"_ _5\"/>ent de l\u2019e \u2013 comme<span class=\"_ _5\"/>rce. Elle<span class=\"_ _5\"/>s se cons<span class=\"_ _5\"/>acre<span class=\"_ _5\"/>nt sur<span class=\"_ _5\"/>tout \u00e0 la co<span class=\"_ _5\"/>llec<span class=\"_ _5\"/>te dire<span class=\"_ _5\"/>cte de<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 y5f ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">paq<span class=\"_ _5\"/>uet<span class=\"_ _5\"/>s prove<span class=\"_ _5\"/>nant des s<span class=\"_ _5\"/>oci\u00e9<span class=\"_ _5\"/>t\u00e9s d'e \u2013 comm<span class=\"_ _5\"/>erce et de<span class=\"_ _5\"/>s entr<span class=\"_ _5\"/>epr<span class=\"_ _5\"/>ises d'ou<span class=\"_ _5\"/>tre \u2013 Atla<span class=\"_ _5\"/>ntiqu<span class=\"_ _5\"/>e en vue d<span class=\"_ _5\"/>e leur liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on en Euro<span class=\"_ _5\"/>pe et da<span class=\"_ _5\"/>ns d'autre<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h7 y60 ff4 fs3 fc2 sc0 ls4e ws5d\" style=\"z-index: 15;\">r\u00e9gions. <span class=\"ff5 ls33 ws7a\">bpost Internat<span class=\"_ _5\"/>ional Logistics (Beijing)</span><span class=\"ls0 ws0\"> <span class=\"ff5 ls37 ws3f\">Co</span>. es<span class=\"_ _5\"/>t une f<span class=\"_ _5\"/>iliale de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t Hong Ko<span class=\"_ _5\"/>ng, \u00e9t<span class=\"_ _5\"/>ablie \u00e0 B<span class=\"_ _5\"/>eijin<span class=\"_ _5\"/>g (P\u00e9kin, C<span class=\"_ _5\"/>hine). Cet<span class=\"_ _5\"/>te so<span class=\"_ _5\"/>ci\u00e9t\u00e9 off<span class=\"_ _5\"/>re </span></div>\n<div class=\"t m0 x2a h8 y61 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">une g<span class=\"_ _5\"/>amme com<span class=\"_ _5\"/>pl\u00e8te de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s tra<span class=\"_ _5\"/>nsf<span class=\"_ _5\"/>ronta<span class=\"_ _5\"/>lier<span class=\"_ _5\"/>s de dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>ution d<span class=\"_ _5\"/>e paque<span class=\"_ _5\"/>ts a<span class=\"_ _5\"/>ux cy<span class=\"_ _5\"/>ber<span class=\"_ _5\"/>marcha<span class=\"_ _5\"/>nds et a<span class=\"_ _5\"/>ux cons<span class=\"_ _5\"/>olidate<span class=\"_ _5\"/>urs chi<span class=\"_ _5\"/>nois<span class=\"_ _5\"/>, en met-</div>\n<div class=\"t m0 x2a h8 y62 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tan<span class=\"_ _5\"/>t for<span class=\"_ _5\"/>teme<span class=\"_ _5\"/>nt l'accent sur l<span class=\"_ _5\"/>a livr<span class=\"_ _5\"/>aison d<span class=\"_ _5\"/>e paque<span class=\"_ _5\"/>ts a<span class=\"_ _5\"/>ux ach<span class=\"_ _5\"/>eteur<span class=\"_ _5\"/>s d'Europ<span class=\"_ _5\"/>e et du re<span class=\"_ _5\"/>ste du m<span class=\"_ _5\"/>onde<span class=\"_ _5\"/>. Elle es<span class=\"_ _5\"/>t sur<span class=\"_ _5\"/>tout ac<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>ve \u00e0 P\u00e9kin<span class=\"_ _5\"/>, Shang<span class=\"_ _5\"/>hai et</div>\n<div class=\"t m0 x2a h8 y63 ff4 fs3 fc2 sc0 ls7 ws8\" style=\"z-index: 15;\">Shenzhen.</div>\n<div class=\"t m0 x5 h7 y64 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls40 ws62\">DynaGroup</span> pro<span class=\"_ _5\"/>pose u<span class=\"_ _5\"/>ne gamm<span class=\"_ _5\"/>e de ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices e<span class=\"_ _5\"/>t de logic<span class=\"_ _5\"/>iels l<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tique<span class=\"_ _5\"/>s allant d<span class=\"_ _5\"/>e la r\u00e9pa<span class=\"_ _5\"/>ratio<span class=\"_ _5\"/>n des ap<span class=\"_ _5\"/>parei<span class=\"_ _5\"/>ls \u00e9le<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>roniqu<span class=\"_ _5\"/>es (des sm<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>t<span class=\"_ _d\"/>-</div>\n<div class=\"t m0 x2a h8 y65 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pho<span class=\"_ _5\"/>nes e<span class=\"_ _5\"/>t des dro<span class=\"_ _5\"/>nes au<span class=\"_ _5\"/>x machin<span class=\"_ _5\"/>es \u00e0 caf<span class=\"_ _5\"/>\u00e9) \u00e0 des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s per<span class=\"_ _5\"/>sonna<span class=\"_ _5\"/>lis\u00e9<span class=\"_ _5\"/>s de livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n d'e \u2013 commer<span class=\"_ _5\"/>ce. Ce, ta<span class=\"_ _5\"/>nt pour d<span class=\"_ _5\"/>es pe<span class=\"_ _5\"/>tit<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uits (te<span class=\"_ _5\"/>ls</div>\n<div class=\"t m0 x2a h8 y66 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que le<span class=\"_ _5\"/>s smar<span class=\"_ _5\"/>tp<span class=\"_ _5\"/>hone<span class=\"_ _5\"/>s) que pour d<span class=\"_ _5\"/>es pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s de gr<span class=\"_ _5\"/>ande co<span class=\"_ _5\"/>nsomm<span class=\"_ _5\"/>ation (comm<span class=\"_ _5\"/>e la liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on et l\u2019in<span class=\"_ _5\"/>sta<span class=\"_ _5\"/>llatio<span class=\"_ _5\"/>n de gra<span class=\"_ _5\"/>nds t\u00e9l\u00e9<span class=\"_ _5\"/>vise<span class=\"_ _5\"/>urs<span class=\"_ _5\"/>, de ma<span class=\"_ _5\"/>-</div>\n<div class=\"t m0 x2a h8 yed ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">chin<span class=\"_ _5\"/>es \u00e0 laver e<span class=\"_ _5\"/>t de me<span class=\"_ _5\"/>ubles). Dy<span class=\"_ _5\"/>naGro<span class=\"_ _5\"/>up four<span class=\"_ _5\"/>nit \u00e9ga<span class=\"_ _5\"/>lemen<span class=\"_ _5\"/>t des se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s s\u00fbrs e<span class=\"_ _5\"/>t fiab<span class=\"_ _5\"/>les au<span class=\"_ _5\"/>x gouver<span class=\"_ _5\"/>nem<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s et aux i<span class=\"_ _5\"/>nsti<span class=\"_ _5\"/>tutio<span class=\"_ _5\"/>ns f<span class=\"_ _5\"/>inanci\u00e8<span class=\"_ _5\"/>res<span class=\"_ _5\"/>,</div>\n<div class=\"t m0 x2a h8 y67 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">comm<span class=\"_ _5\"/>e la livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n de pas<span class=\"_ _5\"/>sep<span class=\"_ _5\"/>or<span class=\"_ _5\"/>ts e<span class=\"_ _5\"/>t la fi<span class=\"_ _5\"/>nalisa<span class=\"_ _5\"/>tion de co<span class=\"_ _5\"/>ntra<span class=\"_ _5\"/>ts au d<span class=\"_ _5\"/>omicile d<span class=\"_ _5\"/>u client<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y68 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ws48\">Eur<span class=\"_ _5\"/>o <span class=\"_ _d\"/>\u2013 Spr<span class=\"_ _5\"/>inte<span class=\"_ _5\"/>rs<span class=\"ff4 ws0\"> g\u00e8r<span class=\"_ _5\"/>e le r\u00e9s<span class=\"_ _5\"/>eau de log<span class=\"_ _5\"/>isti<span class=\"_ _5\"/>ques s<span class=\"_ _5\"/>p\u00e9cia<span class=\"_ _5\"/>les de b<span class=\"_ _5\"/>pos<span class=\"_ _5\"/>t, incl<span class=\"_ _5\"/>uant pr<span class=\"_ _5\"/>incipal<span class=\"_ _5\"/>ement d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n expr<span class=\"_ _5\"/>ess p<span class=\"_ _5\"/>eu imp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>te la </span></span></div>\n<div class=\"t m0 x2a h8 y69 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tai<span class=\"_ _5\"/>lle, 7 jour<span class=\"_ _5\"/>s sur 7<span class=\"_ _d\"/>, 24 heu<span class=\"_ _5\"/>res sur 24, t<span class=\"_ _5\"/>ant en B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>que qu\u2019\u00e0 l\u2019<span class=\"_ _d\"/>\u00e9t<span class=\"_ _5\"/>range<span class=\"_ _5\"/>r<span class=\"_ _d\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 102px; height: 395px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 102px; height: 395px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h7 ya5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ws4a\">Frei<span class=\"_ _5\"/>ght 4U Log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ics</span> e<span class=\"_ _5\"/>st un<span class=\"_ _5\"/>e entre<span class=\"_ _5\"/>pris<span class=\"_ _5\"/>e de manu<span class=\"_ _5\"/>tenti<span class=\"_ _5\"/>on au so<span class=\"_ _5\"/>l situ\u00e9<span class=\"_ _5\"/>e pr\u00e8s d<span class=\"_ _5\"/>es a\u00e9r<span class=\"_ _5\"/>opor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s de Br<span class=\"_ _5\"/>uxe<span class=\"_ _5\"/>lles et L<span class=\"_ _5\"/>i\u00e8ge. S<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices in<span class=\"_ _5\"/>cluen<span class=\"_ _5\"/>t le</div>\n<div class=\"t m0 x2a h8 ya6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">d\u00e9p<span class=\"_ _5\"/>annage du f<span class=\"_ _5\"/>ret<span class=\"_ _5\"/>, le tri e<span class=\"_ _5\"/>t le trai<span class=\"_ _5\"/>temen<span class=\"_ _5\"/>t du fre<span class=\"_ _5\"/>t, les a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s douani<span class=\"_ _5\"/>\u00e8res d<span class=\"_ _5\"/>\u2019impor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t d\u2019<span class=\"_ _d\"/>e<span class=\"_ _5\"/>xpor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ation e<span class=\"_ _5\"/>t le tra<span class=\"_ _5\"/>nsit du f<span class=\"_ _5\"/>ret<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 ya7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ws48\">Frei<span class=\"_ _5\"/>ght Dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion Man<span class=\"_ _5\"/>agem<span class=\"_ _5\"/>ent Syst<span class=\"_ _5\"/>ems</span> et <span class=\"ff7 ws48\">F<span class=\"_ _5\"/>DM Ware<span class=\"_ _5\"/>hous<span class=\"_ _5\"/>ing</span><span class=\"ls58 ws69\"> sont s<span class=\"_ _d\"/>p\u00e9cial<span class=\"_ _d\"/>is\u00e9es d<span class=\"_ _d\"/>ans l<span class=\"_ _d\"/>es services c<span class=\"_ _d\"/>lien<span class=\"_ _d\"/>ts personnal<span class=\"_ _d\"/>is\u00e9s d<span class=\"_ _d\"/>ans l<span class=\"_ _d\"/>es </span></div>\n<div class=\"t m0 x2a h8 ya8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">se<span class=\"_ _5\"/>cte<span class=\"_ _5\"/>urs de l'ent<span class=\"_ _5\"/>repo<span class=\"_ _5\"/>sage, du t<span class=\"_ _5\"/>raite<span class=\"_ _5\"/>ment e<span class=\"_ _5\"/>t de la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n de pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s en Aus<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>lie et en N<span class=\"_ _5\"/>ouve<span class=\"_ _5\"/>lle Z\u00e9lan<span class=\"_ _5\"/>de. La l<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tique p<span class=\"_ _5\"/>our de t<span class=\"_ _5\"/>ierce<span class=\"_ _5\"/>s</div>\n<div class=\"t m0 x2a h8 ya9 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">par<span class=\"_ _5\"/>ti<span class=\"_ _5\"/>es (3PL po<span class=\"_ _5\"/>ur Third P<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>ty L<span class=\"_ _5\"/>ogis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s<span class=\"_ _d\"/>), l'entre<span class=\"_ _5\"/>posa<span class=\"_ _5\"/>ge, le tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t et la dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on sont l<span class=\"_ _5\"/>eurs a<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>vit\u00e9<span class=\"_ _5\"/>s prin<span class=\"_ _5\"/>cipale<span class=\"_ _5\"/>s.</div>\n<div class=\"t m0 x5 h7 yaa ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls35 ws3b\">IMX</span> es<span class=\"_ _5\"/>t un pres<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>aire de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on inter<span class=\"_ _5\"/>nati<span class=\"_ _5\"/>onale ba<span class=\"_ _5\"/>s\u00e9 \u00e0 Par<span class=\"_ _5\"/>is qui off<span class=\"_ _5\"/>re une ga<span class=\"_ _5\"/>mme comp<span class=\"_ _5\"/>l\u00e8te de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s de livr<span class=\"_ _5\"/>ais<span class=\"_ _5\"/>on dans le</div>\n<div class=\"t m0 x2a h8 yab ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mon<span class=\"_ _5\"/>de ent<span class=\"_ _5\"/>ier<span class=\"_ _d\"/>. Gr<span class=\"_ _5\"/>\u00e2ce \u00e0 se<span class=\"_ _5\"/>s par<span class=\"_ _5\"/>tena<span class=\"_ _5\"/>ires et \u00e0 s<span class=\"_ _5\"/>es acco<span class=\"_ _5\"/>rds ave<span class=\"_ _5\"/>c plus de 20<span class=\"_ _5\"/>0 lead<span class=\"_ _5\"/>ers de l<span class=\"_ _5\"/>a livr<span class=\"_ _5\"/>aiso<span class=\"_ _5\"/>n du der<span class=\"_ _5\"/>nier ki<span class=\"_ _5\"/>lom\u00e8t<span class=\"_ _5\"/>re, IMX o<span class=\"_ _5\"/>ffre un<span class=\"_ _5\"/>e gran<span class=\"_ _5\"/>de</div>\n<div class=\"t m0 x2a h8 yac ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">var<span class=\"_ _5\"/>i\u00e9t\u00e9 de s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces de liv<span class=\"_ _5\"/>rais<span class=\"_ _5\"/>on (colis<span class=\"_ _5\"/>, let<span class=\"_ _5\"/>tres<span class=\"_ _5\"/>, publ<span class=\"_ _5\"/>icati<span class=\"_ _5\"/>ons de pr<span class=\"_ _5\"/>ess<span class=\"_ _5\"/>e, envo<span class=\"_ _5\"/>is suiv<span class=\"_ _5\"/>is, li<span class=\"_ _5\"/>vrai<span class=\"_ _5\"/>son ave<span class=\"_ _5\"/>c signatu<span class=\"_ _5\"/>re, reto<span class=\"_ _5\"/>ur de marc<span class=\"_ _5\"/>handis<span class=\"_ _5\"/>es<span class=\"_ _5\"/>, etc.) \u00e0</div>\n<div class=\"t m0 x2a h8 yad ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">un co\u00fbt o<span class=\"_ _5\"/>ptimi<span class=\"_ _5\"/>s\u00e9 d\u00e8s l<span class=\"_ _5\"/>e premi<span class=\"_ _5\"/>er envoi<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 yae ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7 ls35 ws3b\">Landmark</span> <span class=\"ff5 ls35 ws3b\">Global</span><span class=\"wsd\"> et <span class=\"ff7 ls35 ws3b\">Landmark</span></span> <span class=\"ff5 lsed ws10f\">Tr<span class=\"_ _5\"/>a<span class=\"_ _5\"/>d<span class=\"_ _5\"/>e<span class=\"_ _5\"/></span> <span class=\"ff7 lsc ws35\">Ser<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s</span><span class=\"wsd\"> sont lea<span class=\"_ _5\"/>der<span class=\"_ _5\"/>s du march<span class=\"_ _5\"/>\u00e9 inter<span class=\"_ _5\"/>nation<span class=\"_ _5\"/>al du tr<span class=\"_ _5\"/>aiteme<span class=\"_ _5\"/>nt des p<span class=\"_ _5\"/>aquet<span class=\"_ _5\"/>s<span class=\"_ _5\"/>, resp<span class=\"_ _5\"/>ec<span class=\"_ _5\"/>tivem<span class=\"_ _5\"/>ent au<span class=\"_ _5\"/>x \u00c9tat<span class=\"_ _5\"/>s </span></div>\n<div class=\"t m0 x2a h8 yaf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2013 Unis e<span class=\"_ _5\"/>t au Cana<span class=\"_ _5\"/>da. Ce<span class=\"_ _5\"/>s enti<span class=\"_ _5\"/>t\u00e9s se con<span class=\"_ _5\"/>centr<span class=\"_ _5\"/>ent sur<span class=\"_ _5\"/>tou<span class=\"_ _5\"/>t sur la dis<span class=\"_ _5\"/>tri<span class=\"_ _5\"/>butio<span class=\"_ _5\"/>n des pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s comma<span class=\"_ _5\"/>nd\u00e9s v<span class=\"_ _5\"/>ia l'e \u2013 commer<span class=\"_ _5\"/>ce aupr\u00e8<span class=\"_ _5\"/>s de cy<span class=\"_ _5\"/>ber<span class=\"_ _5\"/>mar-</div>\n<div class=\"t m0 x2a h8 y201 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">chan<span class=\"_ _5\"/>ds bas<span class=\"_ _5\"/>\u00e9s aux \u00c9t<span class=\"_ _5\"/>ats \u2013 Un<span class=\"_ _5\"/>is ver<span class=\"_ _5\"/>s le Cana<span class=\"_ _5\"/>da, l\u2019Eur<span class=\"_ _5\"/>ope, l\u2019Aus<span class=\"_ _5\"/>tra<span class=\"_ _5\"/>lie et A<span class=\"_ _5\"/>m\u00e9r<span class=\"_ _5\"/>ique lat<span class=\"_ _5\"/>ine. Elle<span class=\"_ _5\"/>s offre<span class=\"_ _5\"/>nt, en o<span class=\"_ _5\"/>utre, \u00e0 l<span class=\"_ _5\"/>eurs c<span class=\"_ _5\"/>lient<span class=\"_ _5\"/>s e \u2013 comme<span class=\"_ _5\"/>rce,</div>\n<div class=\"t m0 x2a h8 yb0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">dive<span class=\"_ _5\"/>rs se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e fulf<span class=\"_ _5\"/>ilme<span class=\"_ _5\"/>nt en plus<span class=\"_ _5\"/>ieur<span class=\"_ _5\"/>s endro<span class=\"_ _5\"/>its d<span class=\"_ _5\"/>es \u00c9tat<span class=\"_ _5\"/>s \u2013 Unis e<span class=\"_ _5\"/>t au Cana<span class=\"_ _5\"/>da.</div>\n<div class=\"t m0 x5 h7 yb1 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7\">La<span class=\"_ _5\"/>ndma<span class=\"_ _5\"/>rk Gl<span class=\"_ _5\"/>obal (UK<span class=\"_ _5\"/>) </span>est u<span class=\"_ _5\"/>ne soc<span class=\"_ _5\"/>i\u00e9t\u00e9 br<span class=\"_ _5\"/>itan<span class=\"_ _5\"/>nique de co<span class=\"_ _5\"/>urr<span class=\"_ _5\"/>ier<span class=\"_ _d\"/>, pa<span class=\"_ _5\"/>quet<span class=\"_ _5\"/>s et tr<span class=\"_ _5\"/>ansp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>t<span class=\"_ _5\"/>s fourn<span class=\"_ _5\"/>iss<span class=\"_ _5\"/>ant des s<span class=\"_ _5\"/>oluti<span class=\"_ _5\"/>ons de lo<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>ique<span class=\"_ _5\"/>s global<span class=\"_ _5\"/>es</div>\n<div class=\"t m0 x2a h8 yb2 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">sur le ma<span class=\"_ _5\"/>rch\u00e9 au R<span class=\"_ _5\"/>oyaume \u2013 U<span class=\"_ _5\"/>ni. Situ<span class=\"_ _5\"/>\u00e9e pr\u00e8<span class=\"_ _5\"/>s de l'a\u00e9ro<span class=\"_ _5\"/>por<span class=\"_ _5\"/>t de He<span class=\"_ _5\"/>athrow, La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k Globa<span class=\"_ _5\"/>l (UK) a une in<span class=\"_ _5\"/>fras<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>uct<span class=\"_ _5\"/>ure, pla<span class=\"_ _5\"/>c\u00e9e so<span class=\"_ _5\"/>us contr<span class=\"_ _5\"/>\u00f4le</div>\n<div class=\"t m0 x2a h8 yb3 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">doua<span class=\"_ _5\"/>nier, habilit\u00e9<span class=\"_ _5\"/>e \u00e0 prop<span class=\"_ _5\"/>oser d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d<span class=\"_ _5\"/>e d\u00e9do<span class=\"_ _5\"/>uanem<span class=\"_ _5\"/>ent et d<span class=\"_ _5\"/>e contr\u00f4<span class=\"_ _5\"/>le de s\u00e9<span class=\"_ _5\"/>curit\u00e9 p<span class=\"_ _5\"/>ar rayo<span class=\"_ _5\"/>ns X. L<span class=\"_ _5\"/>andma<span class=\"_ _5\"/>rk Glo<span class=\"_ _5\"/>bal (UK) o<span class=\"_ _5\"/>p\u00e8re e<span class=\"_ _5\"/>n tant</div>\n<div class=\"t m0 x2a h8 yb4 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">que pa<span class=\"_ _5\"/>sse<span class=\"_ _5\"/>relle d'ent<span class=\"_ _5\"/>r\u00e9e e<span class=\"_ _5\"/>t de sor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ie pour d'aut<span class=\"_ _5\"/>res en<span class=\"_ _5\"/>tit\u00e9s d<span class=\"_ _5\"/>e bpos<span class=\"_ _5\"/>t dans le m<span class=\"_ _5\"/>onde e<span class=\"_ _5\"/>ntier.</div>\n<div class=\"t m0 x5 h7 y202 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff7\">La<span class=\"_ _5\"/>ndma<span class=\"_ _5\"/>rk T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>rv<span class=\"_ _5\"/>ices (UK<span class=\"_ _5\"/><span class=\"ff4\">) four<span class=\"_ _5\"/>nit des s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s d'impo<span class=\"_ _5\"/>r<span class=\"_ _5\"/>tatio<span class=\"_ _5\"/>n pour le<span class=\"_ _5\"/>s march<span class=\"_ _5\"/>andis<span class=\"_ _5\"/>es ar<span class=\"_ _5\"/>riva<span class=\"_ _5\"/>nt au Roya<span class=\"_ _5\"/>ume \u2013 Uni. S<span class=\"_ _5\"/>on emp<span class=\"_ _5\"/>laceme<span class=\"_ _5\"/>nt, </span></span></div>\n<div class=\"t m0 x2a h8 y203 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u00e0 prox<span class=\"_ _5\"/>imit\u00e9 de l'a\u00e9r<span class=\"_ _5\"/>opor<span class=\"_ _5\"/>t d<span class=\"_ _5\"/>e Londre<span class=\"_ _5\"/>s Heat<span class=\"_ _5\"/>hrow, en fa<span class=\"_ _5\"/>it un endr<span class=\"_ _5\"/>oit id\u00e9a<span class=\"_ _5\"/>l pour le<span class=\"_ _5\"/>s ser<span class=\"_ _5\"/>v<span class=\"_ _5\"/>ices d'imp<span class=\"_ _5\"/>or<span class=\"_ _5\"/>tat<span class=\"_ _5\"/>ion par vo<span class=\"_ _5\"/>ie a\u00e9r<span class=\"_ _5\"/>ienne e<span class=\"_ _5\"/>ntre le<span class=\"_ _5\"/>s \u00c9tat<span class=\"_ _5\"/>s \u2013</div>\n<div class=\"t m0 x2a h8 y204 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Unis e<span class=\"_ _5\"/>t le Royaum<span class=\"_ _5\"/>e \u2013 Uni.</div>\n<div class=\"t m0 x5 h7 y205 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 ls7 ws8\">Leen</span> <span class=\"ff7 ws48\">Men<span class=\"_ _5\"/>ken Foods<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice Lo<span class=\"_ _5\"/>gis<span class=\"_ _5\"/>tic<span class=\"_ _5\"/>s</span> est u<span class=\"_ _5\"/>n op\u00e9r<span class=\"_ _5\"/>ateur lo<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>ique as<span class=\"_ _5\"/>suma<span class=\"_ _5\"/>nt le sto<span class=\"_ _5\"/>ckage, l<span class=\"_ _5\"/>a logis<span class=\"_ _5\"/>tique e<span class=\"_ _5\"/>t la dis<span class=\"_ _5\"/>trib<span class=\"_ _5\"/>utio<span class=\"_ _5\"/>n de prod<span class=\"_ _5\"/>uit<span class=\"_ _5\"/>s r\u00e9fr<span class=\"_ _5\"/>ig\u00e9-</div>\n<div class=\"t m0 x2a h8 y206 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">r\u00e9s e<span class=\"_ _5\"/>t congel<span class=\"_ _5\"/>\u00e9s pou<span class=\"_ _5\"/>r l\u2019<span class=\"_ _d\"/>e \u2013 comm<span class=\"_ _5\"/>erce.</div>\n<div class=\"t m0 x5 h7 y207 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipales a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s de <span class=\"ff5 ls40 ws62\">Radial</span> <span class=\"ff7 ls52\">Netherlands</span> repos<span class=\"_ _5\"/>ent sur d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices d'im<span class=\"_ _5\"/>por<span class=\"_ _5\"/>ta<span class=\"_ _5\"/>tion de<span class=\"_ _5\"/>st<span class=\"_ _5\"/>in\u00e9s au<span class=\"_ _5\"/>x client<span class=\"_ _5\"/>s am<span class=\"_ _5\"/>\u00e9ric<span class=\"_ _5\"/>ains qui c<span class=\"_ _5\"/>herch<span class=\"_ _5\"/>ent \u00e0</div>\n<div class=\"t m0 x2a h8 y208 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">ven<span class=\"_ _5\"/>dre leur<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uit<span class=\"_ _5\"/>s en Europ<span class=\"_ _5\"/>e. Ces s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s inclu<span class=\"_ _5\"/>ent le d\u00e9<span class=\"_ _5\"/>douan<span class=\"_ _5\"/>ement<span class=\"_ _5\"/>, le sto<span class=\"_ _5\"/>ckage<span class=\"_ _5\"/>, l'<span class=\"_ _d\"/>enl<span class=\"_ _5\"/>\u00e8veme<span class=\"_ _5\"/>nt et l'embal<span class=\"_ _5\"/>lage et la li<span class=\"_ _5\"/>vra<span class=\"_ _5\"/>ison du d<span class=\"_ _5\"/>erni<span class=\"_ _5\"/>er</div>\n<div class=\"t m0 x2a h8 y209 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">kilo<span class=\"_ _5\"/>m\u00e8tr<span class=\"_ _5\"/>e. Lan<span class=\"_ _5\"/>dmar<span class=\"_ _5\"/>k T<span class=\"_ _1\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices (Ne<span class=\"_ _5\"/>the<span class=\"_ _5\"/>rlan<span class=\"_ _5\"/>ds) fourni<span class=\"_ _5\"/>t ess<span class=\"_ _5\"/>enti<span class=\"_ _5\"/>ellem<span class=\"_ _5\"/>ent des co<span class=\"_ _5\"/>nsei<span class=\"_ _5\"/>ls aux n<span class=\"_ _5\"/>ouvea<span class=\"_ _5\"/>ux clie<span class=\"_ _5\"/>nts a<span class=\"_ _5\"/>m\u00e9ri<span class=\"_ _5\"/>cains da<span class=\"_ _5\"/>ns le ca<span class=\"_ _5\"/>dre de</div>\n<div class=\"t m0 x2a h8 y20a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">l'intr<span class=\"_ _5\"/>oduc<span class=\"_ _5\"/>tion d<span class=\"_ _5\"/>e leur<span class=\"_ _5\"/>s prod<span class=\"_ _5\"/>uits e<span class=\"_ _5\"/>n Europ<span class=\"_ _5\"/>e. Cet<span class=\"_ _5\"/>te consu<span class=\"_ _5\"/>ltance co<span class=\"_ _5\"/>ncer<span class=\"_ _5\"/>ne tan<span class=\"_ _5\"/>t les sy<span class=\"_ _5\"/>st\u00e8<span class=\"_ _5\"/>mes de d<span class=\"_ _5\"/>ouane<span class=\"_ _5\"/>s et de T<span class=\"_ _5\"/>VA<span class=\"_ _5\"/>, que l'enre<span class=\"_ _5\"/>gist<span class=\"_ _5\"/>reme<span class=\"_ _5\"/>nt des</div>\n<div class=\"t m0 x2a h8 y20b ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">pro<span class=\"_ _5\"/>duit<span class=\"_ _5\"/>s dans le<span class=\"_ _5\"/>s diver<span class=\"_ _5\"/>s pays Eur<span class=\"_ _5\"/>op\u00e9e<span class=\"_ _5\"/>ns.</div>\n<div class=\"t m0 x5 h7 y3ce ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les p<span class=\"_ _5\"/>rinc<span class=\"_ _5\"/>ipales a<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>ivit\u00e9<span class=\"_ _5\"/>s de <span class=\"ff5 ls40 ws62\">Radial</span> <span class=\"ff5 ls37 ws3f\">Poland</span> son<span class=\"_ _5\"/>t le fulf<span class=\"_ _5\"/>ilmen<span class=\"_ _5\"/>t, la log<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ique et la d<span class=\"_ _5\"/>ist<span class=\"_ _5\"/>ribut<span class=\"_ _5\"/>ion. Ell<span class=\"_ _5\"/>e agit en t<span class=\"_ _5\"/>ant que p<span class=\"_ _5\"/>ar<span class=\"_ _5\"/>tenaire d<span class=\"_ _5\"/>ans la log<span class=\"_ _5\"/>is-</div>\n<div class=\"t m0 x2a h8 y3cf ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiq<span class=\"_ _5\"/>ue et la dis<span class=\"_ _5\"/>tr<span class=\"_ _5\"/>ibuti<span class=\"_ _5\"/>on aupr\u00e8<span class=\"_ _5\"/>s de so<span class=\"_ _5\"/>ci\u00e9t\u00e9<span class=\"_ _5\"/>s de vente d<span class=\"_ _5\"/>irec<span class=\"_ _5\"/>te en Euro<span class=\"_ _5\"/>pe de l'Ou<span class=\"_ _5\"/>es<span class=\"_ _5\"/>t, Cent<span class=\"_ _5\"/>rale e<span class=\"_ _5\"/>t de l'Es<span class=\"_ _5\"/>t.</div>\n<div class=\"t m0 x5 h7 y3d0 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span>Les e<span class=\"_ _5\"/>ntit\u00e9<span class=\"_ _5\"/>s am\u00e9r<span class=\"_ _5\"/>icai<span class=\"_ _5\"/>nes et e<span class=\"_ _5\"/>urop<span class=\"_ _5\"/>\u00e9enn<span class=\"_ _5\"/>es de <span class=\"ff5 ls40 ws62\">Radial</span> comm<span class=\"_ _5\"/>erciali<span class=\"_ _5\"/>sent un<span class=\"_ _5\"/>e large g<span class=\"_ _5\"/>amme d<span class=\"_ _5\"/>e ser<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces couv<span class=\"_ _5\"/>rant l<span class=\"_ _5\"/>\u2019<span class=\"_ _1\"/>e<span class=\"_ _5\"/>nsem<span class=\"_ _5\"/>ble de la ch<span class=\"_ _5\"/>a\u00eene log<span class=\"_ _5\"/>is-</div>\n<div class=\"t m0 x2a h8 y784 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">tiq<span class=\"_ _5\"/>ue de l\u2019e \u2013 commer<span class=\"_ _5\"/>ce. Les s<span class=\"_ _5\"/>oluti<span class=\"_ _5\"/>ons omni<span class=\"_ _5\"/>canale<span class=\"_ _5\"/>s tech<span class=\"_ _5\"/>nolog<span class=\"_ _5\"/>iques e<span class=\"_ _5\"/>t puis<span class=\"_ _5\"/>sante<span class=\"_ _5\"/>s de Rad<span class=\"_ _5\"/>ial font le li<span class=\"_ _5\"/>en ent<span class=\"_ _5\"/>re l'<span class=\"_ _d\"/>off<span class=\"_ _5\"/>re et la d<span class=\"_ _5\"/>emand<span class=\"_ _5\"/>e \u00e0 trave<span class=\"_ _5\"/>rs</div>\n<div class=\"t m0 x2a h8 y785 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">des o<span class=\"_ _5\"/>ptio<span class=\"_ _5\"/>ns de fulf<span class=\"_ _5\"/>ilm<span class=\"_ _5\"/>ent et de l<span class=\"_ _5\"/>ivra<span class=\"_ _5\"/>ison e<span class=\"_ _5\"/>ffi<span class=\"_ _5\"/>caces<span class=\"_ _5\"/>, des s<span class=\"_ _5\"/>ys<span class=\"_ _5\"/>t\u00e8me<span class=\"_ _5\"/>s intellig<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s de paie<span class=\"_ _5\"/>ment et d<span class=\"_ _5\"/>e prote<span class=\"_ _5\"/>cti<span class=\"_ _5\"/>on contr<span class=\"_ _5\"/>e la fra<span class=\"_ _5\"/>ude et d<span class=\"_ _5\"/>es se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vices \u00e0</div>\n<div class=\"t m0 x2a h8 y8e5 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">la cli<span class=\"_ _5\"/>ent\u00e8le p<span class=\"_ _5\"/>ers<span class=\"_ _5\"/>onnali<span class=\"_ _5\"/>s\u00e9s<span class=\"_ _5\"/>, per<span class=\"_ _5\"/>met<span class=\"_ _5\"/>tan<span class=\"_ _5\"/>t aux marq<span class=\"_ _5\"/>ues de s<span class=\"_ _5\"/>implif<span class=\"_ _5\"/>ier le<span class=\"_ _5\"/>ur exp<span class=\"_ _5\"/>\u00e9ri<span class=\"_ _5\"/>ence \u201cpos<span class=\"_ _5\"/>t \u2013 clic<span class=\"_ _5\"/>k\u201d et d<span class=\"_ _5\"/>\u2019<span class=\"_ _d\"/>am\u00e9<span class=\"_ _5\"/>liore<span class=\"_ _5\"/>r leur se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice \u00e0 la cli<span class=\"_ _5\"/>ent\u00e8le<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x5 h7 y8e6 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">\u2022 <span class=\"_ _47\"> </span><span class=\"ff5 lsa9 wsbf\">Speos</span> <span class=\"ff5 ls4e ws5d\">Belgium</span> g\u00e8re le<span class=\"_ _5\"/>s flu<span class=\"_ _5\"/>x de docu<span class=\"_ _5\"/>ment<span class=\"_ _5\"/>s sor<span class=\"_ _5\"/>t<span class=\"_ _5\"/>ant<span class=\"_ _5\"/>s de se<span class=\"_ _5\"/>s client<span class=\"_ _5\"/>s et e<span class=\"_ _5\"/>st sp<span class=\"_ _5\"/>\u00e9cial<span class=\"_ _5\"/>is\u00e9e d<span class=\"_ _5\"/>ans l\u2019ext<span class=\"_ _5\"/>ernal<span class=\"_ _5\"/>isati<span class=\"_ _5\"/>on des d<span class=\"_ _5\"/>ocume<span class=\"_ _5\"/>nts f<span class=\"_ _5\"/>inan<span class=\"_ _5\"/>cier<span class=\"_ _5\"/>s et</div>\n<div class=\"t m0 x2a h8 ye18 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">admi<span class=\"_ _5\"/>nist<span class=\"_ _5\"/>ratif<span class=\"_ _5\"/>s, te<span class=\"_ _5\"/>ls que l<span class=\"_ _5\"/>es fac<span class=\"_ _5\"/>tur<span class=\"_ _5\"/>es, re<span class=\"_ _5\"/>lev\u00e9<span class=\"_ _5\"/>s banca<span class=\"_ _5\"/>ires e<span class=\"_ _5\"/>t fich<span class=\"_ _5\"/>es de pa<span class=\"_ _5\"/>ie. Ces s<span class=\"_ _5\"/>er<span class=\"_ _5\"/>vi<span class=\"_ _5\"/>ces inclu<span class=\"_ _5\"/>ent la cr<span class=\"_ _5\"/>\u00e9ation d<span class=\"_ _5\"/>e docum<span class=\"_ _5\"/>ent<span class=\"_ _5\"/>s, l\u2019im<span class=\"_ _5\"/>pres<span class=\"_ _5\"/>sion e<span class=\"_ _5\"/>t la</div>\n<div class=\"t m0 x2a h8 y8e7 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">mis<span class=\"_ _5\"/>e sous p<span class=\"_ _5\"/>li, la diff<span class=\"_ _5\"/>usion p<span class=\"_ _5\"/>ar voie \u00e9le<span class=\"_ _5\"/>ct<span class=\"_ _5\"/>roniq<span class=\"_ _5\"/>ue et l\u2019archi<span class=\"_ _5\"/>vage.</div>\n<div class=\"t m0 x82 hc ye19 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PAR<span class=\"_ _5\"/>TAGE D<span class=\"_ _5\"/>ES DR<span class=\"_ _5\"/>OIT<span class=\"_ _5\"/>S DE VO<span class=\"_ _5\"/>TE EN %<span class=\"_ _a5\"> </span><span class=\"ls48 ws56\">PAYS<span class=\"_ _d\"/> D'INCORPORATION</span></div>\n<div class=\"t m0 x7 hc ye1a ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NOM<span class=\"_ _144\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _129\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ye1b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost ba<span class=\"_ _5\"/>nque S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x8c he ye1c ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye1d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _27\"> </span><span class=\"ls4d ws5b\">50%</span></div>\n<div class=\"t m0 x164 hd ye1e ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye1f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Jof<span class=\"_ _5\"/>ico C<span class=\"_ _5\"/>V<span class=\"_ _217\"> </span><span class=\"ls18 ws1a\">20<span class=\"_ _5\"/>%<span class=\"_ _129\"> </span>20%</span></div>\n<div class=\"t m0 x164 hd ye20 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 434px; height: 648px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 434px; height: 648px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x82 hc y925 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PAR<span class=\"_ _5\"/>TAGE D<span class=\"_ _5\"/>ES DR<span class=\"_ _5\"/>OIT<span class=\"_ _5\"/>S DE VO<span class=\"_ _5\"/>TE EN %<span class=\"_ _a5\"> </span><span class=\"ls48 ws56\">PAYS<span class=\"_ _d\"/> D'INCORPORATION</span></div>\n<div class=\"t m0 x7 hc ybec ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NOM<span class=\"_ _144\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _129\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ye21 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Alt<span class=\"_ _5\"/>eris S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x173 hd ye22 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye21 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye23 ff4 fs8 fc2 sc0 lsba wsda\" style=\"z-index: 15;\">Certi<span class=\"_ _d\"/>post<span class=\"_ _d\"/> SA</div>\n<div class=\"t m0 x173 hd ye24 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye23 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye25 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Euro \u2013 S<span class=\"_ _5\"/>pri<span class=\"_ _5\"/>nter<span class=\"_ _5\"/>s SA</div>\n<div class=\"t m0 x173 hd ye26 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye25 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye27 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial Pol<span class=\"_ _5\"/>and Sp z o.<span class=\"_ _5\"/>o.<span class=\"_ _22d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0%</span></div>\n<div class=\"t m0 x77 hd ye28 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Pologne</div>\n<div class=\"t m0 x7 hd ye29 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Sp<span class=\"_ _5\"/>eos B<span class=\"_ _5\"/>elgi<span class=\"_ _5\"/>um SA</div>\n<div class=\"t m0 x173 hd ye2a ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye29 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye2b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k Glo<span class=\"_ _5\"/>bal (UK<span class=\"_ _5\"/>) Ltd<span class=\"_ _167\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 xf4 hd ye2c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Royaume<span class=\"_ _5\"/>-Uni</div>\n<div class=\"t m0 x7 hd ye2d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost H<span class=\"_ _5\"/>ong Kon<span class=\"_ _5\"/>g Ltd<span class=\"_ _22e\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>0%<span class=\"_ _30\"> </span><span class=\"ls2c ws2e\">Ho<span class=\"_ _5\"/>ng<span class=\"_ _d\"/> Kong</span></span></div>\n<div class=\"t m0 x7 hd ye2e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost S<span class=\"_ _5\"/>ingap<span class=\"_ _5\"/>ore P<span class=\"_ _5\"/>te. Ltd<span class=\"_ _289\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x9d hd ye2f ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Singapo<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x7 hd ye30 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">bpos<span class=\"_ _5\"/>t Int<span class=\"_ _d\"/>er<span class=\"_ _5\"/>national Logistic<span class=\"_ _5\"/>s (Beijing) CO Ltd<span class=\"_ _229\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x5d hd ye31 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Chine</div>\n<div class=\"t m0 x7 hd ye32 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost US H<span class=\"_ _5\"/>oldin<span class=\"_ _5\"/>gs, I<span class=\"_ _5\"/>nc<span class=\"_ _22d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye33 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye34 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Landmark Global, Inc<span class=\"_ _22b\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye35 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye36 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s, Ltd<span class=\"_ _61\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _17e\"> </span><span class=\"ls5a ws6e\">Cana<span class=\"_ _5\"/>da</span></span></div>\n<div class=\"t m0 x7 hd ye37 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Netherlands B.V<span class=\"_ _1\"/>.<span class=\"_ _5f\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye38 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye39 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s (Net<span class=\"_ _5\"/>her<span class=\"_ _5\"/>land<span class=\"_ _5\"/>s<span class=\"_ _d\"/>) BV<span class=\"_ _249\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye3a ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye3b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">La<span class=\"_ _5\"/>ndmar<span class=\"_ _5\"/>k T<span class=\"_ _d\"/>ra<span class=\"_ _5\"/>de Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s (UK) Lt<span class=\"_ _5\"/>d<span class=\"_ _22a\"> </span><span class=\"ls2b ws2d\">100,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 xf4 hd ye3c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Royaume<span class=\"_ _5\"/>-Uni</div>\n<div class=\"t m0 x7 hd ye3d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ap<span class=\"_ _5\"/>ple E<span class=\"_ _5\"/>xpre<span class=\"_ _5\"/>ss C<span class=\"_ _5\"/>ouri<span class=\"_ _5\"/>er, Inc<span class=\"_ _178\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x193 hd ye3e ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye3f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ap<span class=\"_ _5\"/>ple E<span class=\"_ _5\"/>xpre<span class=\"_ _5\"/>ss C<span class=\"_ _5\"/>ouri<span class=\"_ _5\"/>er, Ltd<span class=\"_ _180\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _be\"> </span><span class=\"ls5a ws6e\">C<span class=\"_ _5\"/>anada</span></span></div>\n<div class=\"t m0 x7 hd ye40 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Frei<span class=\"_ _5\"/>ght Di<span class=\"_ _5\"/>str<span class=\"_ _5\"/>ibut<span class=\"_ _5\"/>ion Ma<span class=\"_ _5\"/>nagem<span class=\"_ _5\"/>ent Sy<span class=\"_ _5\"/>stem<span class=\"_ _5\"/>s PT<span class=\"_ _5\"/>Y, Ltd<span class=\"_ _120\"> </span><span class=\"ls2b ws2d\">100,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye41 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Austr<span class=\"_ _5\"/>alie</div>\n<div class=\"t m0 x7 hd ye42 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">FDM Wa<span class=\"_ _5\"/>reh<span class=\"_ _5\"/>ousin<span class=\"_ _5\"/>g PT<span class=\"_ _5\"/>Y, Ltd<span class=\"_ _58\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye43 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Austr<span class=\"_ _5\"/>alie</div>\n<div class=\"t m0 x7 hd ye44 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">AM<span class=\"_ _5\"/>P SA</div>\n<div class=\"t m0 x173 hd ye45 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye44 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye46 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ubi<span class=\"_ _5\"/>way SA</div>\n<div class=\"t m0 xf3 he ye47 ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye48 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x164 hd ye49 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye4a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ubi<span class=\"_ _5\"/>way Se<span class=\"_ _5\"/>r<span class=\"_ _5\"/>vice<span class=\"_ _5\"/>s SA</div>\n<div class=\"t m0 x6b he ye4b ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye4c ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x164 hd ye4d ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye4e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ubi<span class=\"_ _5\"/>way Ret<span class=\"_ _5\"/>ail S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x195 he ye4f ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye50 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x164 hd ye51 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye52 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Radial Belgium S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x173 hd ye53 ff4 fs8 fc2 sc0 ls2b ws2d\" style=\"z-index: 15;\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</div>\n<div class=\"t m0 x164 hd ye52 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye54 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naGr<span class=\"_ _5\"/>oup BV<span class=\"_ _28a\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye55 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye56 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naf<span class=\"_ _5\"/>ix Rep<span class=\"_ _5\"/>air BV<span class=\"_ _28b\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye57 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye58 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Dynalogic Benelux<span class=\"_ _d\"/> BV<span class=\"_ _22c\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye59 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye5a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naf<span class=\"_ _5\"/>ix Ca<span class=\"_ _5\"/>re BV<span class=\"_ _28c\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye5b ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye5c ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Dynalogic Courier BV<span class=\"_ _22e\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye5d ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye5e ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naf<span class=\"_ _5\"/>ix Com<span class=\"_ _5\"/>pute<span class=\"_ _5\"/>r Repa<span class=\"_ _5\"/>ir BV<span class=\"_ _1dd\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye5f ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye60 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Dynasure BV<span class=\"_ _113\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye61 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye62 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naf<span class=\"_ _5\"/>ix OnS<span class=\"_ _5\"/>ite BV<span class=\"_ _192\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye63 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye64 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Dy<span class=\"_ _5\"/>naLi<span class=\"_ _5\"/>nq BV<span class=\"_ _113\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x194 hd ye65 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye66 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Dynalog<span class=\"_ _5\"/>ic Belgium NV<span class=\"_ _18c\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x164 hd ye67 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye68 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial So<span class=\"_ _5\"/>luti<span class=\"_ _5\"/>ons Ho<span class=\"_ _5\"/>ng Kong Lt<span class=\"_ _5\"/>d</div>\n<div class=\"t m0 x13a he ye69 ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye6a ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _2e\"> </span><span class=\"ls2c ws2e\">Hong Kong</span></span></div>\n<div class=\"t m0 x7 hd ye6b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial Hol<span class=\"_ _5\"/>ding<span class=\"_ _5\"/>s, LP<span class=\"_ _28d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x193 hd ye6c ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye6d ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Commerce, Inc<span class=\"_ _b\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye6e ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye6f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial So<span class=\"_ _5\"/>uth<span class=\"_ _5\"/>, LP<span class=\"_ _13\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x193 hd ye70 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye71 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Radial, Inc<span class=\"_ _19d\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x193 hd ye72 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye73 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Luxembourg S.\u00e0.R<span class=\"_ _5\"/>.l.<span class=\"_ _51\"> </span><span class=\"ls2b ws2d\">100,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _a9\"> </span><span class=\"ls2d ws2f\">Lux<span class=\"_ _d\"/>embourg</span></span></div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 85px; height: 967px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 85px; height: 967px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x82 hc ydf0 ff7 fs7 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">PAR<span class=\"_ _5\"/>TAGE D<span class=\"_ _5\"/>ES DR<span class=\"_ _5\"/>OIT<span class=\"_ _5\"/>S DE VO<span class=\"_ _5\"/>TE EN %<span class=\"_ _a5\"> </span><span class=\"ls48 ws56\">PAYS<span class=\"_ _d\"/> D'INCORPORATION</span></div>\n<div class=\"t m0 x7 hc ye74 ff5 fs7 fc2 sc0 ls48 ws56\" style=\"z-index: 15;\">NOM<span class=\"_ _144\"> </span><span class=\"ff7 fc0 lse ws10\">2022<span class=\"_ _129\"> </span><span class=\"fc2 lsf ws11\">2021</span></span></div>\n<div class=\"t m0 x7 hd ye75 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Omnichannel T<span class=\"_ _1\"/>echnologies India, Private Ltd<span class=\"_ _12\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x169 hd ye76 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Inde</div>\n<div class=\"t m0 x7 hd ye77 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Omnichannel International, SL<span class=\"_ _28e\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x164 hd ye78 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Espagne</div>\n<div class=\"t m0 x7 hd ye79 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial GmbH<span class=\"_ _28f\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x154 hd ye7a ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Allemagne</div>\n<div class=\"t m0 x7 hd ye7b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Commerce Lt<span class=\"_ _d\"/>d<span class=\"_ _22b\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 xf4 hd ye7c ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Royaume<span class=\"_ _5\"/>-Uni</div>\n<div class=\"t m0 x7 hd ye7d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial So<span class=\"_ _5\"/>luti<span class=\"_ _5\"/>ons Sin<span class=\"_ _5\"/>gap<span class=\"_ _5\"/>ore PT<span class=\"_ _5\"/>E Ltd</div>\n<div class=\"t m0 x9e he ye7e ff4 fs9 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1</div>\n<div class=\"t m0 xe6 hd ye7f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\"> \u2013 <span class=\"_ _aa\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x193 hd ye80 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Singapo<span class=\"_ _5\"/>ur</div>\n<div class=\"t m0 x7 hd ye81 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial E \u2013 com<span class=\"_ _5\"/>merce (S<span class=\"_ _5\"/>hangh<span class=\"_ _5\"/>ai) Cor<span class=\"_ _5\"/>p. Ltd<span class=\"_ _228\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x5d hd ye82 ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Chine</div>\n<div class=\"t m0 x7 hd ye83 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>ost N<span class=\"_ _5\"/>or<span class=\"_ _5\"/>th Am<span class=\"_ _5\"/>eri<span class=\"_ _5\"/>ca Ho<span class=\"_ _5\"/>lding<span class=\"_ _5\"/>s, In<span class=\"_ _5\"/>c<span class=\"_ _a\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye84 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye85 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial III G<span class=\"_ _5\"/>P<span class=\"_ _3b\"/>, L<span class=\"_ _5\"/>LC<span class=\"_ _13\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x193 hd ye86 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye87 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Rad<span class=\"_ _5\"/>ial So<span class=\"_ _5\"/>uth GP<span class=\"_ _d\"/>, LLC<span class=\"_ _1f2\"> </span><span class=\"ls2b ws2d\">100<span class=\"_ _5\"/>,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x193 hd ye88 ff4 fs8 fc2 sc0 ls5b ws6f\" style=\"z-index: 15;\">\u00c9ta<span class=\"_ _5\"/>ts<span class=\"_ _5\"/>-Un<span class=\"_ _5\"/>is</div>\n<div class=\"t m0 x7 hd ye89 ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Radial Italy s.r<span class=\"_ _d\"/>.l.<span class=\"_ _24f\"> </span><span class=\"ls2b ws2d\">100,<span class=\"_ _5\"/>0%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x182 hd ye8a ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Italie</div>\n<div class=\"t m0 x7 hd ye8b ff4 fs8 fc2 sc0 ls1f ws21\" style=\"z-index: 15;\">Leen Menken Foodser<span class=\"_ _5\"/>vice Logistics BV<span class=\"_ _17d\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%<span class=\"_ _101\"> </span>10<span class=\"_ _5\"/>0,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye8c ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye8d ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s BV <span class=\"_ _241\"> </span><span class=\"ls20 ws22\">75,0<span class=\"_ _5\"/>%<span class=\"_ _30\"> </span>75<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x194 hd ye8e ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye8f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">An<span class=\"_ _5\"/>thill B<span class=\"_ _5\"/>V <span class=\"_ _112\"> </span><span class=\"ls20 ws22\">75,0%<span class=\"_ _290\"> </span>75,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x194 hd ye90 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye91 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Freigh<span class=\"_ _d\"/>t 4U Logi<span class=\"_ _d\"/>stic<span class=\"_ _5\"/>s BV<span class=\"_ _291\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _36\"> </span>100,<span class=\"_ _5\"/>0%</span></div>\n<div class=\"t m0 x164 hd ye92 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye93 ff4 fs8 fc2 sc0 ls14 ws16\" style=\"z-index: 15;\">Act<span class=\"_ _5\"/>ive Ants Internat<span class=\"_ _5\"/>ional BV<span class=\"_ _292\"> </span><span class=\"ls20 ws22\">75,0<span class=\"_ _5\"/>%<span class=\"_ _30\"> </span>75<span class=\"_ _5\"/>,0%</span></div>\n<div class=\"t m0 x194 hd ye94 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x7 hd ye95 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s Be<span class=\"_ _5\"/>lgium B<span class=\"_ _5\"/>V<span class=\"_ _b\"> </span><span class=\"ls20 ws22\">75,0%<span class=\"_ _290\"> </span>75,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x164 hd ye96 ff4 fs8 fc2 sc0 ls28 ws2a\" style=\"z-index: 15;\">Belgique</div>\n<div class=\"t m0 x7 hd ye97 ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">Active Ants Germany<span class=\"_ _d\"/> GmbH<span class=\"_ _180\"> </span><span class=\"ls20 ws22\">75,0%<span class=\"_ _290\"> </span>75,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 x154 hd ye98 ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Allemagne</div>\n<div class=\"t m0 x7 hd ye99 ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ac<span class=\"_ _5\"/>tiv<span class=\"_ _5\"/>e Ant<span class=\"_ _5\"/>s UK Ltd<span class=\"_ _1f9\"> </span><span class=\"ls20 ws22\">75,0<span class=\"_ _5\"/>%<span class=\"_ _2e\"> </span>75,0<span class=\"_ _5\"/>%</span></div>\n<div class=\"t m0 xf4 hd ye9a ff4 fs8 fc2 sc0 ls18 ws1a\" style=\"z-index: 15;\">Royaume<span class=\"_ _5\"/>-Uni</div>\n<div class=\"t m0 x7 hd ye9b ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Mar<span class=\"_ _5\"/>ceau 1 S<span class=\"_ _5\"/>AS<span class=\"_ _24a\"> </span><span class=\"ls28 ws2a\">68<span class=\"_ _5\"/>,6%<span class=\"_ _d0\"> </span></span> \u2013 <span class=\"_ _f9\"> </span><span class=\"ls22 ws24\">Fra<span class=\"_ _5\"/>nce</span></div>\n<div class=\"t m0 x7 hd ye9c ff4 fs8 fc2 sc0 ls22 ws24\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>X Fran<span class=\"_ _5\"/>ce<span class=\"_ _293\"> </span><span class=\"ls28 ws2a\">68,6<span class=\"_ _5\"/>%<span class=\"_ _d0\"> </span><span class=\"ls0 ws0\"> \u2013 <span class=\"_ _f9\"> </span></span></span>Fra<span class=\"_ _5\"/>nce</div>\n<div class=\"t m0 x7 hd ye9d ff4 fs8 fc2 sc0 ls2d ws2f\" style=\"z-index: 15;\">IMX GmbH<span class=\"_ _15\"> </span><span class=\"ls28 ws2a\">68,6%<span class=\"_ _d0\"> </span><span class=\"ls0 ws0\"> \u2013 </span></span></div>\n<div class=\"t m0 x154 hd ye9e ff4 fs8 fc2 sc0 ls25 ws27\" style=\"z-index: 15;\">Allemagne</div>\n<div class=\"t m0 x7 hd ye9f ff4 fs8 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Ald<span class=\"_ _5\"/>ipre<span class=\"_ _5\"/>ss BV<span class=\"_ _294\"> </span><span class=\"ls2b ws2d\">10<span class=\"_ _5\"/>0,0%<span class=\"_ _17a\"> </span></span> \u2013</div>\n<div class=\"t m0 x194 hd yea0 ff4 fs8 fc2 sc0 ls49 ws57\" style=\"z-index: 15;\">Pays-Bas</div>\n<div class=\"t m0 x5 h9 yea1 ff6 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">1 <span class=\"_ _48\"> </span> Liqui<span class=\"_ _5\"/>d\u00e9 ou vendu d<span class=\"_ _5\"/>urant l'ann\u00e9<span class=\"_ _5\"/>e 2022</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 492px; height: 592px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 492px; height: 592px; width: 94%; z-index: 2;\"><br/></div>\n\n<div><br/></div>\n\n<div class=\"t m0 x5 h1a y6fd ffc fs11 fc2 sc0 ls53 ws64\" style=\"z-index: 15;\">bpostgroup s<span class=\"_ _5\"/>tructure</div>\n<div class=\"t m0 x5 h8 y428 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Au 31 d\u00e9<span class=\"_ _5\"/>cembr<span class=\"_ _5\"/>e 2022</div>\n<div class=\"t m0 x5e h33 yea2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea3 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea4 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea5 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea6 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea7 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yea8 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yea9 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeaa ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeab ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeac ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yead ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeae ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeaf ff4 fs1e fc3 sc0 ls16 ws18\" style=\"z-index: 15;\">99,<span class=\"_ _5\"/>92%</div>\n<div class=\"t m0 x99 h33 yeb0 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb1 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb3 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb4 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeb5 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yeb6 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yeb7 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yeb8 ff4 fs1e fc3 sc0 lse2 wsc9\" style=\"z-index: 15;\">99,99%</div>\n<div class=\"t m0 x196 h33 yeb9 ff4 fs1e fc3 sc0 lse2 wsc9\" style=\"z-index: 15;\">99,99%</div>\n<div class=\"t m0 xe4 h33 yeba ff4 fs1e fc3 sc0 lse9 ws105\" style=\"z-index: 15;\">0,<span class=\"_ _5\"/>01%</div>\n<div class=\"t m0 x17 h33 yebb ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x17 h33 yebc ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x17 h33 yebd ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 xbe h33 yebe ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 xbe h33 yebf ff4 fs1e fc3 sc0 lsb0 wscd\" style=\"z-index: 15;\">3<span class=\"_ _5\"/>7,0<span class=\"_ _5\"/>0<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x162 h33 yec0 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x162 h33 yec1 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x28 h33 yec2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x13b h33 yec3 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x13b h33 yec2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x13b h33 yec4 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x116 h33 yec5 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x197 h33 yec6 ff4 fs1e fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">GP in<span class=\"_ _5\"/>teres<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x37 h33 yec7 ff4 fs1e fc3 sc0 ls0 ws0\" style=\"z-index: 15;\">GP in<span class=\"_ _5\"/>teres<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x198 h33 yec8 ff4 fs1e fc3 sc0 lsef ws111\" style=\"z-index: 15;\">14,6<span class=\"_ _5\"/>6%</div>\n<div class=\"t m0 x199 h33 yec9 ff4 fs1e fc3 sc0 lse9 ws105\" style=\"z-index: 15;\">0,<span class=\"_ _5\"/>01%</div>\n<div class=\"t m0 x145 h33 yeca ff4 fs1e fc3 sc0 lsf0 ws112\" style=\"z-index: 15;\">0,08%</div>\n<div class=\"t m0 xe4 h33 yecb ff4 fs1e fc3 sc0 lse9 ws105\" style=\"z-index: 15;\">0,<span class=\"_ _5\"/>01%</div>\n<div class=\"t m0 x196 h33 yecc ff4 fs1e fc3 sc0 lse2 wsc9\" style=\"z-index: 15;\">99,99%</div>\n<div class=\"t m0 x196 h33 yecd ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yece ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x196 h33 yecf ff4 fs1e fc3 sc0 lsf0 ws112\" style=\"z-index: 15;\">20,00<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x5e h33 yed0 ff4 fs1e fc3 sc0 lsb5 wsd4\" style=\"z-index: 15;\">75,00<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x5e h33 yed1 ff4 fs1e fc3 sc0 lsf1 ws103\" style=\"z-index: 15;\">68,<span class=\"_ _5\"/>59%</div>\n<div class=\"t m0 x5e h33 yed2 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yed3 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yed4 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yed5 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yed6 ff4 fs1e fc3 sc0 lsb5 wsd4\" style=\"z-index: 15;\">75,00<span class=\"_ _5\"/>%</div>\n<div class=\"t m0 x99 h33 yed7 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yed8 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yed9 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yeda ff4 fs1e fc3 sc0 lsf2 wsca\" style=\"z-index: 15;\">63,00%</div>\n<div class=\"t m0 x99 h33 yedb ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yedc ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yedd ff4 fs1e fc3 sc0 lsf3 ws113\" style=\"z-index: 15;\">85,<span class=\"_ _5\"/>34%</div>\n<div class=\"t m0 x99 h33 yede ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yedf ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x99 h33 yee0 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 x5e h33 yee1 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>,00%</div>\n<div class=\"t m0 xa2 h8 yee2 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">LANDMARK T<span class=\"_ _d\"/>R<span class=\"_ _5\"/>ADE<span class=\"_ _d\"/><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x9b h8 yee3 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">SER<span class=\"_ _5\"/>VICE<span class=\"_ _5\"/>S (UK)</div>\n<div class=\"t m0 xab h1c yee4 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x102 h8 yee5 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL NE<span class=\"_ _5\"/>THER<span class=\"_ _5\"/>LA<span class=\"_ _5\"/>NDS</div>\n<div class=\"t m0 x69 h1c yee6 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 xa9 hd yee7 ff4 fs8 fc7 sc0 ls13 ws15\" style=\"z-index: 15;\">LANDMARK T<span class=\"_ _d\"/>R<span class=\"_ _5\"/>ADE<span class=\"_ _d\"/><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x104 hd yee8 ff4 fs8 fc7 sc0 ls16 ws18\" style=\"z-index: 15;\">SER<span class=\"_ _5\"/>VICE<span class=\"_ _5\"/>S (<span class=\"_ _d\"/>NE<span class=\"_ _5\"/>THERL<span class=\"_ _5\"/>AN<span class=\"_ _5\"/>DS)</div>\n<div class=\"t m0 x169 he yee9 ff4 fs9 fc7 sc0 lsf6 ws116\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x32 h8 yeea ff4 fs3 fc7 sc0 ls54 ws65\" style=\"z-index: 15;\">APPLE E<span class=\"_ _5\"/>XPRE<span class=\"_ _5\"/>SS<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x133 h8 yeeb ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">COURI<span class=\"_ _5\"/>ER</div>\n<div class=\"t m0 x10d h1c yeec ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 xc6 h8 yeed ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">BP<span class=\"_ _5\"/>OST INT<span class=\"_ _5\"/>ERNATION<span class=\"_ _5\"/>AL</div>\n<div class=\"t m0 x107 h8 yeee ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">LOGIS<span class=\"_ _5\"/>TIC<span class=\"_ _5\"/>S (BEIJIN<span class=\"_ _5\"/>G) CO</div>\n<div class=\"t m0 x19a h1c yeef ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 xa3 h8 yef0 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">DYNAF<span class=\"_ _d\"/>IX RE<span class=\"_ _d\"/>P<span class=\"_ _d\"/>AIR</div>\n<div class=\"t m0 x164 h1c yef1 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x147 h8 yef2 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>ALOG<span class=\"_ _5\"/>IC BENELUX</div>\n<div class=\"t m0 x19b h1c yef3 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 xa9 h8 yef4 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">DYNAF<span class=\"_ _d\"/>IX CARE</div>\n<div class=\"t m0 xc5 h1c yef5 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x147 h8 yef6 ff4 fs3 fc7 sc0 lsf8 ws9c\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>ALO<span class=\"_ _5\"/>GIC CO<span class=\"_ _5\"/>URI<span class=\"_ _5\"/>ER</div>\n<div class=\"t m0 x16a h1c yef7 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x101 h8 yef8 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">DYNAF<span class=\"_ _d\"/>IX<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x105 h8 yef9 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">COMPU<span class=\"_ _5\"/>TER REPAIR</div>\n<div class=\"t m0 xd5 h1c yefa ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x128 h8 yefb ff4 fs3 fc7 sc0 lsf8 ws9c\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>A<span class=\"_ _5\"/>SURE</div>\n<div class=\"t m0 x19c h1c yefc ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 xa2 h8 yefd ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">DYNAFIX ONSITE</div>\n<div class=\"t m0 x164 h1c yefe ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x128 h8 yeff ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">DYNAL<span class=\"_ _d\"/>INQ</div>\n<div class=\"t m0 x124 h1c yf00 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x104 h8 yf01 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>ALOG<span class=\"_ _5\"/>IC BELGIU<span class=\"_ _5\"/>M</div>\n<div class=\"t m0 x19d h1c yf02 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 xaf h8 yf03 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL S<span class=\"_ _5\"/>OUTH GP</div>\n<div class=\"t m0 x25 h1c yf04 ff4 fs12 fc7 sc0 lsfa ws119\" style=\"z-index: 15;\"> LLC</div>\n<div class=\"t m0 x133 h8 yf05 ff4 fs3 fc7 sc0 lsd1 wsb2\" style=\"z-index: 15;\">IM<span class=\"_ _5\"/>X Fra<span class=\"_ _5\"/>nce</div>\n<div class=\"t m0 xd3 h8 yf06 ff4 fs3 fc7 sc0 ls7 ws8\" style=\"z-index: 15;\">IMX GmbH</div>\n<div class=\"t m0 x127 h8 yf07 ff4 fs3 fc7 sc0 ls7 ws8\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>ADIAL GmbH</div>\n<div class=\"t m0 x147 h8 yf08 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL COM<span class=\"_ _5\"/>MERCE Ltd</div>\n<div class=\"t m0 xc7 h8 yf09 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL E-<span class=\"_ _5\"/>COMMER<span class=\"_ _5\"/>CE</div>\n<div class=\"t m0 x19e h8 yf0a ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">(<span class=\"_ _d\"/>SHANGHAI<span class=\"_ _d\"/>) C<span class=\"_ _d\"/>ORP<span class=\"_ _49\"/>. Ltd</div>\n<div class=\"t m0 x147 h8 yf0b ff4 fs3 fc7 sc0 lsa wsb\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>ADIAL OMNICH<span class=\"_ _5\"/>ANNEL</div>\n<div class=\"t m0 x105 h8 yf0c ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">INTERNA<span class=\"_ _d\"/>TIONAL SLU</div>\n<div class=\"t m0 x14c h8 yf0d ff4 fs3 fc7 sc0 ls40 ws62\" style=\"z-index: 15;\">ALDIPRESS BV</div>\n<div class=\"t m0 x189 h8 yf0e ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL LUX<span class=\"_ _5\"/>EMBOU<span class=\"_ _5\"/>RG</div>\n<div class=\"t m0 x12b h1c yf0f ff4 fs12 fc7 sc0 ls55 ws66\" style=\"z-index: 15;\">S.\u00e0.R.L.</div>\n<div class=\"t m0 x18 h8 yf05 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">Marce<span class=\"_ _5\"/>au 1 SA<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x54 h20 yf10 ff4 fsa fc7 sc0 lsfb ws11a\" style=\"z-index: 15;\">FREIGHT DISTRIBUTION<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x160 h20 yf11 ff4 fsa fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">MA<span class=\"_ _5\"/>NAG<span class=\"_ _5\"/>EMENT S<span class=\"_ _5\"/>YS<span class=\"_ _5\"/>TEMS P<span class=\"_ _5\"/>TY</div>\n<div class=\"t m0 xb8 h38 yf12 ff4 fs14 fc7 sc0 lsfc ws11b\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x12b h8 yf13 ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">FDM<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x189 h8 yf14 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">WAR<span class=\"_ _5\"/>EHOUSIN<span class=\"_ _5\"/>G PT<span class=\"_ _5\"/>Y</div>\n<div class=\"t m0 x55 h1c yf15 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x95 h8 yf16 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">LANDMARK<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x9 h8 yf17 ff4 fs3 fc7 sc0 lsf8 ws9c\" style=\"z-index: 15;\">GLO<span class=\"_ _5\"/>BA<span class=\"_ _5\"/>L</div>\n<div class=\"t m0 x26 h1c yf18 ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 x179 h8 yf19 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">LANDMARK T<span class=\"_ _d\"/>R<span class=\"_ _5\"/>ADE<span class=\"_ _d\"/><span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 xb2 h8 yf1a ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">SER<span class=\"_ _5\"/>VICE<span class=\"_ _5\"/>S</div>\n<div class=\"t m0 x47 h1c yf1b ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x100 h8 yf1c ff4 fs3 fc7 sc0 ls54 ws65\" style=\"z-index: 15;\">APPLE E<span class=\"_ _5\"/>XPRE<span class=\"_ _5\"/>SS<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x95 h8 yf1d ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">COURI<span class=\"_ _5\"/>ER</div>\n<div class=\"t m0 x47 h1c yf1e ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 xd7 h8 yf1f ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">BP<span class=\"_ _5\"/>OST US HOL<span class=\"_ _5\"/>DINGS</div>\n<div class=\"t m0 x56 h1c yf20 ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 x19f h8 yf21 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">L<span class=\"_ _5\"/>AND<span class=\"_ _5\"/>MAR<span class=\"_ _5\"/>K GLOB<span class=\"_ _5\"/>AL (UK)</div>\n<div class=\"t m0 x12a h1c yf22 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x186 h8 yf23 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">BP<span class=\"_ _5\"/>OST HON<span class=\"_ _5\"/>G KONG</div>\n<div class=\"t m0 x55 h1c yf24 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x94 h8 yf25 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">BP<span class=\"_ _5\"/>OST SIN<span class=\"_ _5\"/>GAP<span class=\"_ _5\"/>ORE P<span class=\"_ _5\"/>TE.</div>\n<div class=\"t m0 x12a h1c yf26 ff4 fs12 fc7 sc0 lsf4 ws114\" style=\"z-index: 15;\">Ltd</div>\n<div class=\"t m0 x18 h8 yef2 ff4 fs3 fc7 sc0 lsf8 ws9c\" style=\"z-index: 15;\">DYN<span class=\"_ _5\"/>AGR<span class=\"_ _5\"/>OUP</div>\n<div class=\"t m0 x15 h1c yef3 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x11f h8 yf27 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">LEEN MENK<span class=\"_ _5\"/>EN FOO<span class=\"_ _5\"/>D-</div>\n<div class=\"t m0 x11f h8 yf28 ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">SERVICE LOGISTICS</div>\n<div class=\"t m0 x170 h1c yf29 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x11f h8 yef6 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">RADIAL POLAND</div>\n<div class=\"t m0 x27 h1c yef7 ff4 fs12 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">Sp z o.o<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x100 h8 yf2a ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">RADIAL IT<span class=\"_ _1\"/>AL<span class=\"_ _1\"/>Y</div>\n<div class=\"t m0 x15 h1c yf2b ff4 fs12 fc7 sc0 lsfd ws11c\" style=\"z-index: 15;\">s<span class=\"_ _5\"/>.r.l<span class=\"_ _5\"/>.</div>\n<div class=\"t m0 x9 h8 yefb ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">ANTHILL</div>\n<div class=\"t m0 x26 h1c yefc ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x17f h8 yf2c ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">ACTIV<span class=\"_ _5\"/>E ANTS</div>\n<div class=\"t m0 x15 h1c yf2d ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\"> BV</div>\n<div class=\"t m0 x53 h8 yf2e ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIV<span class=\"_ _5\"/>E ANTS  </div>\n<div class=\"t m0 x179 h8 yf2f ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">INTERNA<span class=\"_ _d\"/>TIONAL</div>\n<div class=\"t m0 x98 h1c yf30 ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\">BV</div>\n<div class=\"t m0 x1a0 h8 yf31 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL COM<span class=\"_ _5\"/>MERCE</div>\n<div class=\"t m0 x1a1 h1c yf32 ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 x13 h8 yf33 ff4 fs3 fc7 sc0 lsdd wsfc\" style=\"z-index: 15;\">RADIAL</div>\n<div class=\"t m0 x192 h1c yf34 ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 x1a2 h8 yf35 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL II<span class=\"_ _5\"/>I GP</div>\n<div class=\"t m0 x1e h1c yf36 ff4 fs12 fc7 sc0 lsfa ws119\" style=\"z-index: 15;\">LLC</div>\n<div class=\"t m0 xae h8 yf37 ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>ADIAL SOUTH</div>\n<div class=\"t m0 x12f h1c yf38 ff4 fs12 fc7 sc0 lsfe ws11d\" style=\"z-index: 15;\"> LP</div>\n<div class=\"t m0 xec hd yf39 ff4 fs8 fc7 sc0 ls13 ws15\" style=\"z-index: 15;\">RADIAL OMN<span class=\"_ _d\"/>ICHANN<span class=\"_ _d\"/>EL<span class=\"_ _d\"/> TEC<span class=\"_ _d\"/>H<span class=\"ls0 ws0\">-</span></div>\n<div class=\"t m0 x13a hd yf3a ff4 fs8 fc7 sc0 ls25 ws27\" style=\"z-index: 15;\">NOLOGIES IN<span class=\"_ _d\"/>DIA<span class=\"_ _5\"/>, PRIV<span class=\"_ _d\"/>A<span class=\"_ _d\"/>TE</div>\n<div class=\"t m0 x58 he yf3b ff4 fs9 fc7 sc0 lsff ws11e\" style=\"z-index: 15;\"> Ltd</div>\n<div class=\"t m0 x12e h8 yf3c ff4 fs3 fc7 sc0 ls40 ws62\" style=\"z-index: 15;\">BPOST NORTH<span class=\"ls0 ws0\"> </span></div>\n<div class=\"t m0 x8 h8 yf3d ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AMER<span class=\"_ _5\"/>IC<span class=\"_ _5\"/>A HOLD<span class=\"_ _5\"/>INGS</div>\n<div class=\"t m0 x1a3 h1c yf3e ff4 fs12 fc7 sc0 lsf7 ws117\" style=\"z-index: 15;\">Inc</div>\n<div class=\"t m0 xad h8 yf3f ff4 fs3 fc7 sc0 ls40 ws62\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>ADIAL HOLDINGS</div>\n<div class=\"t m0 x2b h1c yf40 ff4 fs12 fc7 sc0 lsfe ws11d\" style=\"z-index: 15;\"> LP</div>\n<div class=\"t m0 x1a4 h8 yf41 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">CERT<span class=\"_ _5\"/>IPOS<span class=\"_ _5\"/>T</div>\n<div class=\"t m0 x1a5 h1c yf42 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x41 h8 yf43 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">SPEOS BELG<span class=\"_ _5\"/>IUM</div>\n<div class=\"t m0 xf h1c yf44 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x1a6 h8 yf45 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">R<span class=\"_ _5\"/>AD<span class=\"_ _5\"/>IAL B<span class=\"_ _5\"/>ELGIUM</div>\n<div class=\"t m0 xf h1c yf46 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\"> NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x197 h8 yf47 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">ALTERIS</div>\n<div class=\"t m0 xe4 h1c yf48 ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 xf7 h8 yf49 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">EURO<span class=\"_ _5\"/>-SPR<span class=\"_ _5\"/>INTERS</div>\n<div class=\"t m0 x4b h1c yf4a ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x31 h8 yf4b ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AMP</div>\n<div class=\"t m0 x195 h1c yf4c ff4 fs12 fc7 sc0 lsf9 ws118\" style=\"z-index: 15;\">NV-S<span class=\"_ _5\"/>A</div>\n<div class=\"t m0 x159 h8 yf4d ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">FREI<span class=\"_ _5\"/>GHT 4U LOG<span class=\"_ _5\"/>ISTI<span class=\"_ _5\"/>CS</div>\n<div class=\"t m0 x16e h1c yf4e ff4 fs12 fc7 sc0 lsf5 ws115\" style=\"z-index: 15;\">BV</div>\n<div class=\"t m0 x192 h8 yf4f ff4 fs3 fc7 sc0 ls33 ws7a\" style=\"z-index: 15;\">JOFICO</div>\n<div class=\"t m0 x87 h1c yf50 ff4 fs12 fc7 sc0 ls100 ws11f\" style=\"z-index: 15;\">CV</div>\n<div class=\"t m0 x68 h8 yf51 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIV<span class=\"_ _5\"/>E ANTS B<span class=\"_ _5\"/>ELGIUM BV</div>\n<div class=\"t m0 x147 h8 yf52 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIV<span class=\"_ _5\"/>E ANTS G<span class=\"_ _5\"/>ERMA<span class=\"_ _5\"/>NY</div>\n<div class=\"t m0 xa9 h8 yf53 ff4 fs3 fc7 sc0 ls0 ws0\" style=\"z-index: 15;\">AC<span class=\"_ _5\"/>TIV<span class=\"_ _5\"/>E ANTS UK</div>\n<div class=\"t m0 xae h39 yf54 ff5 fs21 fc3 sc0 ls101 ws120\" style=\"z-index: 15;\">bp<span class=\"_ _5\"/>os<span class=\"_ _5\"/>t</div>\n<div class=\"t m0 x1a7 h3a yf55 ff5 fs22 fc3 sc0 ls102 ws121\" style=\"z-index: 15;\">SA</div>\n<div class=\"t m0 x13b h33 yf56 ff4 fs1e fc3 sc0 lsee ws110\" style=\"z-index: 15;\">100<span class=\"_ _d\"/>.00%</div>\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 4%; bottom: 99px; height: 1073px; width: 92%; z-index: 3;\"><br/></div>\n\n<div class=\"t carbonparamark\" style=\"position: absolute; left: 3%; bottom: 99px; height: 1073px; width: 94%; z-index: 2;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag349": {
   "value": "\n<div class=\"t m0 x5 h1a y68 ffc fs11 fc2 sc0 ls0 ws44\" style=\"z-index: 15;\">6.<span class=\"_ _5\"/>35 <span class=\"_ _38\"/> <span class=\"_ _63\"/>\u00c9<span class=\"_ _d\"/>v\u00e9neme<span class=\"_ _d\"/>nts <span class=\"_ _5\"/>su<span class=\"_ _d\"/>r<span class=\"_ _5\"/>venu<span class=\"_ _d\"/>s apr\u00e8s<span class=\"ws0\"> </span></div>\n<div class=\"t m0 x149 h1a yf57 ffc fs11 fc2 sc0 ls3e ws46\" style=\"z-index: 15;\">la cl\u00f4ture<span class=\"_ _5\"/> de l\u2019<span class=\"_ _1\"/>exercice</div>\n<div class=\"t m0 x5 h8 yb8 ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">Auc<span class=\"_ _5\"/>un \u00e9v\u00e9ne<span class=\"_ _5\"/>ment s<span class=\"_ _5\"/>ignif<span class=\"_ _5\"/>icat<span class=\"_ _5\"/>if ayant un im<span class=\"_ _5\"/>pac<span class=\"_ _5\"/>t sur la sit<span class=\"_ _5\"/>uation</div>\n<div class=\"t m0 x5 h8 y25a ff4 fs3 fc2 sc0 ls0 ws0\" style=\"z-index: 15;\">f<span class=\"_ _5\"/>inanci<span class=\"_ _5\"/>\u00e8re de bp<span class=\"_ _5\"/>ost n'a \u00e9t\u00e9 ob<span class=\"_ _5\"/>ser<span class=\"_ _5\"/>v\u00e9 ap<span class=\"_ _5\"/>r\u00e8s la dat<span class=\"_ _5\"/>e du bilan<span class=\"_ _5\"/>.</div>\n<div class=\"t carbonparamark\" style=\"position: absolute;left: 6%;bottom: 42px;height: 95px;width: 88%;z-index: 4;\"><br/></div>\n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "Tag414": {
   "value": "bpost SA/NV",
   "dimensions": {
    "concept": "ifrs-full:NameOfParentEntity",
    "language": "fr",
    "entity": "scheme:5493008AAX0BESN9WN06",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "footnote2": {
   "value": "<div class=\"t m0 x5 h10 y54 ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -8px; margin-left: 15px;\">Les diff\u00e9rences de change sur la conversion des op\u00e9rations \u00e0 l'\u00e9tranger ont principalement \u00e9t\u00e9 affect\u00e9es par les mouvements des immobilisa<span class=\"ws0\">-</span></div>\n<div class=\"t m0 x159 h10 y96 ff8 fs3 fc2 sc0 ls0 ws36\" style=\"word-spacing: -8px;\">tions incorporelles (2021|2022 : 45,4 mEUR|35,1 mEUR dont 37,7 mEUR|29.3 mEUR li\u00e9s au goodwill), en raison principalement de l\u2019\u00e9volution du</div>\n<div class=\"t m0 x159 h10 y55 ff8 fs3 fc2 sc0 ls0 ws0\" style=\"word-spacing: -7px;\">taux de change du dollar am\u00e9ricain. Pour plus de d\u00e9tails, voir la note 6.19.</div>",
   "dimensions": {
    "concept": "xbrl:note",
    "noteId": "footnote2",
    "language": "fr"
   }
  },
  "footnote1": {
   "value": "<div class=\"t m0 x5 h10 y86d ff8 fs3 fc2 sc0 ls0 ws36\" style=\"margin-left: 16px;\">Directement et via la Soci\u00e9t\u00e9 F\u00e9d\u00e9rale de Participations et d'Investissement</div>",
   "dimensions": {
    "concept": "xbrl:note",
    "noteId": "footnote1",
    "language": "fr"
   }
  }
 }
}