Present assesses chicago white sox in 46 cubs rooftop understand countries, Technip has operating centers and industrial assets(manufacturing plants, spoolbases, construction yard) on five continents, andoperates its own fleet of specialized vessels for pipeline installation andsubsea construction. The Technip share is listed on Euronext Paris exchange and over the counter(OTC) in the USA. In conformity with this method, anti dilutive stock options are ignored in calculating EPS. Dilutive options are taken into account if the subscription price of the stock options plus the future IFRS 2 charge (i.e.
Non-compliance with these restrictionsmay result in the violation of legal restrictions of the United States or ofother jurisdictions.Technip is a world leader in the fields of project management, engineering andconstruction for the oil & gas industry, offering a comprehensive portfolio ofinnovative solutions and technologies chicago white sox email . With 23,000 employees around the world, integrated capabilities and provenexpertise in underwater infrastructures (Subsea), offshore facilities (Offshore)and large processing units and plants on land (Onshore), Technip is a keycontributor to the development of sustainable solutions for the energychallenges of the 21st century world baseball series . Otherunknown or unpredictable factors also could have material adverse effects on ourfuture results baseball blog . The forward-looking statements included in this release are madeonly as of the date of this release.We cannot assure you that projected resultsor events will be achieved.We do not intend, and do not assume any obligation toupdate any industry information or forward looking information set forth in thisrelease to reflect subsequent events or circumstances.****This presentation does not constitute an offer or invitation to purchase anysecurities of Technip in the United States or any other jurisdiction chicagowhitesox net email . Securitiesmay not be offered or sold in the United States absent registration or anexemption from registration. The information contained in this presentation maynot be relied upon in deciding whether or not to acquire Technip securities.This presentation is being furnished to you solely for your information, and itmay not be reproduced, redistributed or published, directly or indirectly, inwhole or in part, to any other person. Theseforward-looking statements are not based on historical facts, but rather reflectour current expectations concerning future results and events and generally maybeidentified by the use of forward-looking words such as "believe", "aim","expect", "anticipate", "intend", "foresee", "likely", "should", "planned","may", "estimates", "potential" or other similar words.Similarly, statementsthat describe our objectives, plans or goals are or may be forward-lookingstatements.These forward-looking statements involve known and unknown risks,uncertainties and other factors that may cause our actual results, performanceor achievements to differ materially from the anticipated results, performanceor achievements expressed or implied by these forward-looking statements.
A replay of this conference call will be available approximately two hoursfollowing the conference call for 90 days on the Technip`s website and for twoweeks at the following telephone numbers: Telephone NumbersConfirmation CodeFrance / Continental Europe:+ 33 (0)1 72 00 14 69256134#UK: + 44 (0)207 107 0686 256134#USA:+ 1 866 794 2598 256134#Cautionary note regarding forward-looking statementsThis presentation contains both historical and forward-looking statements chicago white sox ringtones . Shareholders` equity as of June 30, 2009 was ?2,657.4 million compared to?2,604.8 million as of March 31, 2009 III world series . To participate in the conference call, you may call any of the followingtelephone numbers approximately 5 - 10 minutes prior to the scheduled starttime: France / Continental Europe:+ 33 (0)1 72 00 09 84 UK: + 44 (0)203 147 4744USA:+ 1 866 907 5923 The conference call will also be accessible via a simultaneous, listen-onlyaudio-cast on Technip`s website whitesoxs . Technip paid a dividend of ?1.20 per share on May 12, 2009, following approvalby Shareholders at the AGM on April 30, 2009 The total amount was ?127.5million cubs rooftop . 4.Cash and Balance Sheet ? in million Net cash as of March 31, 20091,878.1 Operating cash flow159.9 Working capital(79.7)Capex(174.7) Dividend payment (127.5) Others including currency(95.5)Net cash as of June 30, 2009 1,560.6As of June 30, 2009, the Group`s net cash position was ?1,560.6 million comparedto ?1,878.1 million as of March 31, 2009 and ?1,644.6 million as of December 31,2008.
During the second quarter 2009, cash generated from operations amounted to?159.9 million compared to ?145.6 million for the same quarter 2008 Workingcapital movements contributed ?(79.7) million jake peavy . The average number of shares during the period on a diluted basis is calculatedas per IFRS world baseball series . For the second quarter 2009 this number of shares stood at107,157,468 baseball blog . The effective tax rate in the quarter was 30% compared to 28% one year ago chicagowhitesox net email . Foreign exchange had a negative impact of ?7.2 million on second quarter 2009Group operating income from recurring activities. Financialcharges for the second quarter included a ?15.8 million negative impactfrom currency variations and fair market value of hedging instruments, comparedto a ?3.7 million negative impact for the same quarter in 2008. Inoltre si prevede che il Comitato tecnico per i prodotti medicinali a uso umano(CHMP) dell'Agenzia europea del farmaco (EMEA) comunicherà qunato prima ilproprio parere relativamente ad una autorizzazione per la commercializzazionedel raltegravir estesa all'Unione Europea, per i pazienti che iniziano laterapia HIV per la prima volta, oltre che per i pazienti già sottoposti atrattamento, se usato in combinazione con altri farmaci antiretrovirali per iltrattamento dell'infezione HIV-1 in pazienti adulti.
Il Raltegravir è stato studiato per 144 settimane su circa 200 pazienti adultinon sottoposti precedentemente a trattamentoI risultati della studio di 144 settimane sono relativi ad un esperimento ancorain corso multi-centro, a dose variabile e a doppio cieco, randomizzatoeffettuato su pazienti adulti infetti da HIV non trattati precedentemente baseball . Financial income on projects accounted as revenue amounted to ?5.9 millionduring the second quarter 2009 compared to ?7.7 million in the second quarter2008 world series . 3.Net Income ? in million2Q 08 2Q 09 % change Income from sale of activities0.0 (7.8) nm Operating Income157.5 188.2 19.5%Financial charges (14.0)(22.7)62.1%Income from equity affiliates 0.2 0.7 nm Income tax(40.2)(50.1)24.6%Minority Interests(0.5) 0.1 nm Net income103.0 116.2 12.8% Income from the sale of activities amounted to ?(7.8) million in the secondquarter 2009 corresponding to a provision booked for a risk on a previouslyceased activity whitesoxs . This includes the acquisition of:* New state-of-the-art pipelay and construction vessel that will replace theApache in 2010, * Technology for steam cracking furnaces (an application for small amplitudehelical tubing).4 . OtherThere was no change relative to prior disclosures in the TSKJ Nigeria matter.