NAV as of March 31, 2012 (unaudited)

Eurazeo has issued its NAV on a trimesterial  basis since December 31st, 2008. Non listed investments are valued twice a year, June 30th and December 31st, while listed investments and cash are valued on a quarterly basis.

 

 

  % held Nb shares

Price

NAV as of March 31, 2012 (€m) With ANF
at its NAV @ €42.2
Total value of assets after tax       3,672.6 3,798.3
NAV per share       58.2 60.2
Number of shares       63,145,348 63,145,348
Private Equity        1,770.2
Listed Private Equity        1,257.9
Rexel 18.1% 48,790,605 16.16  788.5  
Accor 8.9 % 20,101,821 26.39 530.4  
Edenred 8.9% 20,101,821 21.59  434.4  
Accor/Edenred net debt        -495.0  
Accor/Edenred net*(1)   20,101,821    469.4  
Real Estate       532.0 688.3
ANF Immobilier net 51.6% 14,337,178 31.30 448.7 605.0
Colyzeo and Colyzeo 2 (1)        83.3  
Other listed assets          
Danone (pledged EB) 2.6% 16,433,370 42.60  700.0  
Danone debt (EB)        -700.0  
Danone net*        0.0  
Other assets       16.0  
Eurazeo Partners       1.3  
Others (SFGI. ...)       16.9  
Cash       209.2  
Unallocated debt        -110.3  
Tax on unrealized capital gains        -80.7 -111.4
Treasury shares 3.4%  2,137,131   76.1  

* Net of affected debt

(1) Accor/Edenred shares held indirectly through Colyzeo funds are included on the line relative to these funds.