# GLOBALISED RESULT STATEMENTS
|  |  | 30 June 2021 EUR | 30 June 2020 EUR |
| --- | --- | --- | --- |
|  | Section 3: Income and expenditure account |  |  |
|  |  |  |  |
| I. | Depreciation, capital loss and capital gain | 531,422,208.16 | -521,829,406.79 |
| A. | Bonds and other debt securities | -4,657,857.61 | -6,404,856.14 |
| a. | Bonds | -4,657,857.61 | -6,404,856.14 |
|  | Realised gain | 210,642.10 | 131,064.50 |
|  | Realised loss | -311,087.05 | -2,703,586.53 |
|  | Unrealised gain and loss | -4,557,412.66 | -3,832,334.11 |
| B. | Money market instruments |  |  |
| C. | Shares and other securities similar to shares | 535,933,522.70 | -513,983,822.20 |
| a. | Shares | 535,933,522.70 | -513,955,022.20 |
|  | Realised gain | 187,456,410.54 | 120,458,160.06 |
|  | Realised loss | -58,834,382.92 | -439,132,932.28 |
|  | Unrealised gain and loss | 407,311,495.08 | -195,280,249.98 |
| b. | UCI with fixed number of shares |  | -28,800.00 |
|  | Realised loss |  | -28,800.00 |
| D. | Other Transferable Securities | 258,403.17 | 194,625.58 |
|  | Realised gain | 68,466.65 |  |
|  | Unrealised gain and loss | 189,936.52 | 194,625.58 |
| E. | UCI with variable number of shares | 196,685.36 | -326,212.70 |
|  | Realised gain | 85,368.64 | 36,075.39 |
|  | Realised loss | -129,350.57 | -57,097.17 |
|  | Unrealised gain and loss | 240,667.29 | -305,190.92 |
| F. | financial derivatives | 213,220.88 | -483,796.16 |
| a. | On bonds | 180,930.00 | -634,900.00 |
| ii. | Futures | 180,930.00 | -634,900.00 |
|  | Realised gain and loss | 246,160.00 | -517,700.00 |
|  | Unrealised gain and loss | -65,230.00 | -117,200.00 |
| l. | On financial indexes | 32,290.88 | 151,103.84 |
| ii. | Futures | 32,290.88 | 151,103.84 |
|  | Realised gain and loss | 59,119.94 | 183,537.33 |
|  | Unrealised gain and loss | -26,829.06 | -32,433.49 |
| G. | Receivables, deposits, liquidity and payables |  |  |
| H. | Foreign exchange positions and transactions | -521,766.34 | -825,345.17 |
| a. | financial derivatives |  | 6,706.33 |
| ii. | Futures and forward contracts |  | 6,706.33 |
|  | Realised gain and loss |  | 6,706.33 |
| b. | Other exchange positions and operations | -521,766.34 | -832,051.50 |
| iv. | Other | -521,766.34 | -832,051.50 |
|  | Realised gain and loss | -524,379.98 | -836,028.77 |
|  | Unrealised gain and loss | 2,613.64 | 3,977.27 |
|  |  |  |  |
| II. | Investment income and expenses | 45,444,980.17 | 42,864,535.40 |
| A. | Dividends | 47,041,205.99 | 44,598,907.06 |
| B. | Interest (+/-) | 3,431,471.03 | 4,319,426.60 |
| a. | Transferable securities and money market instruments | 3,408,451.81 | 4,282,475.16 |
| b. | Deposits and liquidity | 23,019.22 | 36,951.44 |
|  | Interest on loans (-) | -77,030.36 | -78,279.99 |
|  | Swap contracts (+/-) |  |  |
|  | Withholding tax (-) | -4,950,666.49 | -5,975,518.27 |
|  | Belgian | -594,772.57 | -879,474.21 |
|  | Foreign | -4,355,893.92 | -5,096,044.06 |
| F. | Other investment income |  |  |
|  |  |  |  |
| III. | Other income | 496,331.53 | 1,840,272.24 |
| A. | Anti dilution fee | 496,331.53 | 1,840,272.23 |
| B. | Other |  | 0.01 |
|  |  |  |  |
| IV. | Operating expenses | -11,583,751.07 | -13,779,830.15 |
| A. | Investment transaction and delivery costs (-) | -3,660,039.57 | -5,394,579.85 |
| B. | Financial expenses (-) | -1,513.38 | -3,079.23 |
| C. | Custodian’s fee (-) | -652,360.58 | -307,057.35 |
| D. | Manager’s fee (-) | -6,504,392.71 | -7,225,532.00 |
| a. | Financial Management of the Portfolio | -5,048,584.88 | -5,317,109.44 |
|  | Class A (Dis) | -113,207.36 | -141,259.41 |
|  | Class A USD (Dis) | -3,974.50 | -2,779.72 |
|  | Class B (Cap) | -1,099,776.10 | -1,510,663.01 |
|  | Class B USD (Cap) | -234,626.31 | -218,633.51 |
|  | Class E (Dis) | -153.10 | -8,458.54 |
|  | Class F (Cap) | -1,464,091.74 | -1,147,176.31 |
|  | Class F LC (Cap) | -6.91 |  |
|  | Class J (Cap) | -1,569,952.80 | -1,723,457.31 |

|  |  | 30 June 2021 EUR | 30 June 2020 EUR |
| --- | --- | --- | --- |
|  | Class L (Cap) | -1,754.61 | -4,331.93 |
|  | Class L USD (Cap) | -309.31 | -406.92 |
|  | Class M (Dis) | -161,415.78 | -151,574.89 |
|  | Class N (Cap) | -277,707.84 | -331,642.70 |
|  | Class V (Dis) | -1,927.82 | -1,107.12 |
|  | Class W (Cap) | -6,224.40 | -5,131.29 |
|  | Class M USD (Cap) | -1,632.62 | -843.28 |
|  | Class N USD (Dis) | -111,823.68 | -69,643.50 |
| b. | Administration and accounting | -1,455,807.83 | -1,908,422.56 |
| E. | Administrative expenses (-) | -282,759.36 | -257,151.14 |
| F. | Incorporation and organisation expenses (-) | -33,199.23 | -18,484.41 |
| G. | Salaries and wages, social security charges and pensions (-) | -2,298.46 | 3,519.36 |
| H. | Services and various goods (-) | -120,426.78 | -110,212.78 |
| I. | Depreciation and provisions for liabilities and charges (-) |  |  |
| J. | Taxes | -280,030.44 | -282,819.72 |
|  | Class A (Dis) | -36,444.48 | -39,441.17 |
|  | Class A USD (Dis) | -862.02 | -344.79 |
|  | Class B (Cap) | -74,684.44 | -83,610.34 |
|  | Class B USD (Cap) | -2,000.80 | -2,794.53 |
|  | Class E (Dis) | 0.35 | 51.52 |
|  | Class F (Cap) | -26,416.04 | -23,377.75 |
|  | No translation of "Classe F LC (Cap)" (Financial static info - Report - Section - Heading - Label - Part2) in English (United Kingdom) | -0.26 |  |
|  | Class J (Cap) | 3,689.42 | 9,855.96 |
|  | Class L (Cap) | 0.42 | -91.16 |
|  | Class L USD (Cap) |  | 0.04 |
|  | Class M (Dis) | -94,208.59 | -84,905.31 |
|  | Class N (Cap) | -47,132.93 | -58,625.17 |
|  | Class P (Cap) | -1,132.00 | 2,175.94 |
|  | Class V (Dis) | 5.88 | 3.31 |
|  | Class W (Cap) | 18.69 | 17.64 |
|  | Class N USD (Cap) | -843.72 | -1,714.11 |
|  | Class M USD (Dis) | -19.92 | -19.80 |
| K. | Other expenses (-) | -46,730.56 | -184,433.03 |
|  |  |  |  |
|  | Income and expenditure for the financial year Sub-Total II + III + IV | 34,357,560.63 | 30,924,977.49 |
|  |  |  |  |
| V. | Current profit (loss) before income tax | 565,779,768.79 | -490,904,429.30 |
|  |  |  |  |
| VI. | Income tax |  |  |
|  |  |  |  |
| VII. | Result of the period | 565,779,768.79 | -490,904,429.30 |

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Translation (ENFR, 2021-06-30):
# COMPTE DE RÉSULTATS GLOBALISÉ
|  |  | 30 juin 2021 EUR | 30 juin 2020 EUR |
| --- | --- | --- | --- |
|  | Section 3: Schéma du compte de résultats |  |  |
|  |  |  |  |
| I. | Réductions de valeur, moins-values et plus-values | 531.422.208,16 | -521.829.406,79 |
| A. | Obligations et autres titres de créance | -4.657.857,61 | -6.404.856,14 |
| a. | Obligations | -4.657.857,61 | -6.404.856,14 |
|  | Gain réalisé | 210.642,10 | 131.064,50 |
|  | Perte réalisée | -311.087,05 | -2.703.586,53 |
|  | Gain/Perte non-réalisé | -4.557.412,66 | -3.832.334,11 |
| B. | Instruments du marché monétaire |  |  |
| C. | Actions et autres valeurs assimilables à des actions | 535.933.522,70 | -513.983.822,20 |
| a. | Actions | 535.933.522,70 | -513.955.022,20 |
|  | Gain réalisé | 187.456.410,54 | 120.458.160,06 |
|  | Perte réalisée | -58.834.382,92 | -439.132.932,28 |
|  | Gain/Perte non-réalisé | 407.311.495,08 | -195.280.249,98 |
| b. | OPC à nombre fixe de parts |  | -28.800,00 |
|  | Perte réalisée |  | -28.800,00 |
| D. | Autres valeurs mobilières | 258.403,17 | 194.625,58 |
|  | Gain réalisé | 68.466,65 |  |
|  | Gain/Perte non-réalisé | 189.936,52 | 194.625,58 |
| E. | OPC à nombre variable de parts | 196.685,36 | -326.212,70 |
|  | Gain réalisé | 85.368,64 | 36.075,39 |
|  | Perte réalisée | -129.350,57 | -57.097,17 |
|  | Gain/Perte non-réalisé | 240.667,29 | -305.190,92 |
| F. | Instruments financiers dérivés | 213.220,88 | -483.796,16 |
| a. | Sur obligations | 180.930,00 | -634.900,00 |
| ii. | Contrats à terme | 180.930,00 | -634.900,00 |
|  | Gain/Perte réalisé | 246.160,00 | -517.700,00 |
|  | Gain/Perte non-réalisé | -65.230,00 | -117.200,00 |
| l. | Sur indices financiers | 32.290,88 | 151.103,84 |
| ii. | Contrats à terme | 32.290,88 | 151.103,84 |
|  | Gain /Perte réalisée | 59.119,94 | 183.537,33 |
|  | Gain /Perte non-réalisée | -26.829,06 | -32.433,49 |
| G. | Créances, dépôts, liquidités et dettes |  |  |
| H. | Positions et opérations de change | -521.766,34 | -825.345,17 |
| a. | Instruments financiers dérivés |  | 6.706,33 |
| ii. | Contrats à terme |  | 6.706,33 |
|  | Gain /Perte réalisée |  | 6.706,33 |
| b. | Autres positions et opérations de change | -521.766,34 | -832.051,50 |
| iv. | Autres | -521.766,34 | -832.051,50 |
|  | Gain /Perte réalisée | -524.379,98 | -836.028,77 |
|  | Gain /Perte non-réalisée | 2.613,64 | 3.977,27 |
|  |  |  |  |
| II. | Produits et charges des placements | 45.444.980,17 | 42.864.535,40 |
| A. | Dividendes | 47.041.205,99 | 44.598.907,06 |
| B. | Intérêts (+/-) | 3.431.471,03 | 4.319.426,60 |
| a. | Valeurs mobilières et instruments du marché monétaire | 3.408.451,81 | 4.282.475,16 |
| b. | Dépôts et liquidités | 23.019,22 | 36.951,44 |
|  | Intérêts d'emprunts (-) | -77.030,36 | -78.279,99 |
|  | Contrats de swap (+/-) |  |  |
|  | Précomptes mobiliers (-) | -4.950.666,49 | -5.975.518,27 |
|  | D'origine belge | -594.772,57 | -879.474,21 |
|  | D'origine étrangère | -4.355.893,92 | -5.096.044,06 |
| F. | Autres produits provenant des placements |  |  |
|  |  |  |  |
| III. | Autres produits | 496.331,53 | 1.840.272,24 |
| A. | Indemnité destinée à couvrir les frais d'acquisition et de réalisation des actifs, à décourager les sorties et à couvrir les frais de livraison | 496.331,53 | 1.840.272,23 |
| B. | Autres |  | 0,01 |
|  |  |  |  |
| IV. | Coûts d'exploitation | -11.583.751,07 | -13.779.830,15 |
| A. | Frais de transaction et de livraison inhérents aux placements (-) | -3.660.039,57 | -5.394.579,85 |
| B. | Charges financières (-) | -1.513,38 | -3.079,23 |
| C. | Rémunération due au dépositaire (-) | -652.360,58 | -307.057,35 |
| D. | Rémunération due au gestionnaire (-) | -6.504.392,71 | -7.225.532,00 |
| a. | Gestion financière | -5.048.584,88 | -5.317.109,44 |
|  | Classe A (Dis) | -113.207,36 | -141.259,41 |
|  | Classe A USD (Dis) | -3.974,50 | -2.779,72 |
|  | Classe B (Cap) | -1.099.776,10 | -1.510.663,01 |
|  | Classe B USD (Cap) | -234.626,31 | -218.633,51 |
|  | Classe E (Dis) | -153,10 | -8.458,54 |
|  | Classe F (Cap) | -1.464.091,74 | -1.147.176,31 |
|  | Classe F LC (Cap) | -6,91 |  |

|  |  | 30 juin 2021 EUR | 30 juin 2020 EUR |
| --- | --- | --- | --- |
|  | Classe J (Cap) | -1.569.952,80 | -1.723.457,31 |
|  | Classe L (Cap) | -1.754,61 | -4.331,93 |
|  | Classe L USD (Cap) | -309,31 | -406,92 |
|  | Classe M (Dis) | -161.415,78 | -151.574,89 |
|  | Classe N (Cap) | -277.707,84 | -331.642,70 |
|  | Classe V (Dis) | -1.927,82 | -1.107,12 |
|  | Classe W (Cap) | -6.224,40 | -5.131,29 |
|  | Classe M USD (Cap) | -1.632,62 | -843,28 |
|  | Classe N USD (Dis) | -111.823,68 | -69.643,50 |
| b. | Gestion administrative et comptable | -1.455.807,83 | -1.908.422,56 |
| E. | Frais administratifs (-) | -282.759,36 | -257.151,14 |
| F. | Frais d'établissement et d'organisation (-) | -33.199,23 | -18.484,41 |
| G. | Rémunérations, charges sociales et pensions (-) | -2.298,46 | 3.519,36 |
| H. | Services et biens divers (-) | -120.426,78 | -110.212,78 |
| I. | Amortissements et provisions pour risques et charges (-) |  |  |
| J. | Taxes | -280.030,44 | -282.819,72 |
|  | Classe A (Dis) | -36.444,48 | -39.441,17 |
|  | Classe A USD (Dis) | -862,02 | -344,79 |
|  | Classe B (Cap) | -74.684,44 | -83.610,34 |
|  | Classe B USD (Cap) | -2.000,80 | -2.794,53 |
|  | Classe E (Dis) | 0,35 | 51,52 |
|  | Classe F (Cap) | -26.416,04 | -23.377,75 |
|  | Classe F LC (Cap) | -0,26 |  |
|  | Classe J (Cap) | 3.689,42 | 9.855,96 |
|  | Classe L (Cap) | 0,42 | -91,16 |
|  | Classe L USD (Cap) |  | 0,04 |
|  | Classe M (Dis) | -94.208,59 | -84.905,31 |
|  | Classe N (Cap) | -47.132,93 | -58.625,17 |
|  | Classe P (Cap) | -1.132,00 | 2.175,94 |
|  | Classe V (Dis) | 5,88 | 3,31 |
|  | Classe W (Cap) | 18,69 | 17,64 |
|  | Classe N USD (Cap) | -843,72 | -1.714,11 |
|  | Classe M USD (Dis) | -19,92 | -19,80 |
| K. | Autres charges (-) | -46.730,56 | -184.433,03 |
|  |  |  |  |
|  | Produits et charges de l'exercice (du semestre) Sous-total II+III+IV | 34.357.560,63 | 30.924.977,49 |
|  |  |  |  |
| V. | Bénéfice courant (perte courante) avant impôts sur le résultat | 565.779.768,79 | -490.904.429,30 |
|  |  |  |  |
| VI. | Impôts sur le résultat |  |  |
|  |  |  |  |
| VII. | Résultat du semestre | 565.779.768,79 | -490.904.429,30 |

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