During 2010, the Company’s portfolio was based on three distinct pillars, namely, a real estate sector (13% of the total), a long-term investment division composed of strategic shareholdings (56%) and a cash portfolio enabling it to meet its commitments and to meet any targeted opportunities (31%). The high percentage of consolidated cash is temporary and is the result of the sale of the participation in Bank Degroof. EUR 132 Mio were used beginning 2011 to reimburse the Group bank debt (excl. Neuhaus debt and USD debt in Surongo America, Inc.).

There is no predefined rule in terms of geographical, sectoral or monetary distribution.

The strategic shareholdings are at this time grouped in three sectors: private banking, industry and food. They all reflect the mission that the Company has set to itself.

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