# GLOBALISED RESULT STATEMENTS
|  |  | 30 June 2021 EUR | 30 June 2020 EUR |
| --- | --- | --- | --- |
|  | Section 3: Income and expenditure account |  |  |
|  |  |  |  |
| I. | Depreciation, capital loss and capital gain | 1,033,965,815.97 | -443,923,383.64 |
| A. | Bonds and other debt securities | -20,068,394.53 | -3,723,115.06 |
| a. | Bonds | -20,068,394.53 | -3,723,115.06 |
|  | Realised gain | 6,222,333.07 | 579,305.01 |
|  | Realised loss | -639,754.08 | -9,378,047.70 |
|  | Unrealised gain and loss | -25,650,973.52 | 5,075,627.63 |
| B. | Money market instruments |  |  |
| C. | Shares and other securities similar to shares | 1,049,592,487.98 | -423,406,730.44 |
| a. | Shares | 1,048,631,340.09 | -420,976,483.37 |
|  | Realised gain | 511,558,646.26 | 40,145,009.15 |
|  | Realised loss | -72,106,421.06 | -298,227,754.26 |
|  | Unrealised gain and loss | 609,179,114.89 | -162,893,738.26 |
| b. | UCI with fixed number of shares | 961,147.89 | -2,430,247.07 |
|  | Realised loss | -86,723.10 | -2,714.76 |
|  | Unrealised gain and loss | 1,047,870.99 | -2,427,532.31 |
| D. | Other Transferable Securities |  | -228,815.82 |
|  | Realised loss |  | -237,543.36 |
|  | Unrealised gain and loss |  | 8,727.54 |
| E. | UCI with variable number of shares |  | -7,259,943.63 |
|  | Realised gain |  | 380,863.95 |
|  | Realised loss |  | -199,189.04 |
|  | Unrealised gain and loss |  | -7,441,618.54 |
| F. | financial derivatives | 3,461,535.00 | -7,304,670.00 |
| a. | On bonds | 3,461,535.00 | -7,304,670.00 |
| ii. | Futures | 3,461,535.00 | -7,304,670.00 |
|  | Realised gain and loss | 4,160,490.00 | -6,251,340.00 |
|  | Unrealised gain and loss | -698,955.00 | -1,053,330.00 |
| G. | Receivables, deposits, liquidity and payables |  |  |
| H. | Foreign exchange positions and transactions | 980,187.52 | -2,000,108.69 |
| a. | financial derivatives | 2,455,689.13 | -1,657,616.56 |
| ii. | Futures and forward contracts | 2,455,689.13 | -1,657,616.56 |
|  | Realised gain and loss | 811,639.30 | -2,641,633.32 |
|  | Unrealised gain and loss | 1,644,049.83 | 984,016.76 |
| b. | Other exchange positions and operations | -1,475,501.61 | -342,492.13 |
| iv. | Other | -1,475,501.61 | -342,492.13 |
|  | Realised gain and loss | -1,536,360.35 | -336,994.23 |
|  | Unrealised gain and loss | 60,858.74 | -5,497.90 |
|  |  |  |  |
| II. | Investment income and expenses | 98,439,952.79 | 71,675,379.72 |
| A. | Dividends | 92,778,318.34 | 73,722,411.37 |
| B. | Interest (+/-) | 6,942,222.47 | 6,241,367.98 |
| a. | Transferable securities and money market instruments | 6,412,653.99 | 6,052,436.83 |
| b. | Deposits and liquidity | 529,568.48 | 188,931.15 |
|  | Interest on loans (-) | -1,123,889.83 | -594,803.94 |
|  | Swap contracts (+/-) |  |  |
|  | Withholding tax (-) | -163,715.55 | -7,694,131.77 |
|  | Belgian | -1,413,831.11 | -822,517.12 |
|  | Foreign | 1,250,115.56 | -6,871,614.65 |
| F. | Other investment income | 7,017.36 | 536.08 |
|  |  |  |  |
| III. | Other income | 825.12 | 2,468.60 |
| A. | Anti dilution fee | 10.78 | 3.43 |
| B. | Other | 814.34 | 2,465.17 |
|  |  |  |  |
| IV. | Operating expenses | -49,578,382.39 | -31,188,267.53 |
| A. | Investment transaction and delivery costs (-) | -8,921,124.47 | -6,520,214.89 |
| B. | Financial expenses (-) | -5,633.91 | -8,065.89 |
| C. | Custodian’s fee (-) | -2,368,955.94 | -1,744,929.02 |
| D. | Manager’s fee (-) | -36,829,683.03 | -22,001,288.38 |
| a. | Financial Management of the Portfolio | -33,473,823.84 | -19,764,155.91 |
|  | Class A (Dis) | -2,783,504.45 | -1,403,853.70 |
|  | Class B (Cap) | -9,969,366.48 | -5,646,414.02 |
|  | Class B USD (Cap) | -32,720.23 | -16,676.23 |
|  | Class E (Dis) | -760,268.92 | -266,680.69 |
|  | Class F (Cap) | -11,357,990.87 | -7,596,527.21 |
|  | Class F LC (Cap) | -28.49 |  |
|  | Class F USD (Cap) | -298.44 |  |
|  | Class F CHF HEDGED (Cap) | -33,926.77 | -20,575.51 |
|  | Class F USD HEDGED (Cap) | -315,734.86 | -183,864.17 |
|  | Class J (Cap) | -4,144,408.64 | -2,286,818.50 |

|  |  | 30 June 2021 EUR | 30 June 2020 EUR |
| --- | --- | --- | --- |
|  | Class L (Cap) | -46,699.22 | -10,989.00 |
|  | Class M (Dis) | -1,196,136.39 | -637,350.14 |
|  | Class N (Cap) | -821,415.18 | -680,417.30 |
|  | Class V (Dis) | -455,825.36 | -232,502.91 |
|  | Class W (Cap) | -1,551,932.54 | -781,486.53 |
|  | Class W USD (Cap) | -3,567.00 |  |
| b. | Administration and accounting | -3,355,859.19 | -2,237,132.47 |
| E. | Administrative expenses (-) | -494,399.96 | -90,289.89 |
| F. | Incorporation and organisation expenses (-) | -24,567.55 | -19,629.65 |
| G. | Salaries and wages, social security charges and pensions (-) | -4,993.76 | -12,090.65 |
| H. | Services and various goods (-) | -240,313.46 | -164,738.80 |
| I. | Depreciation and provisions for liabilities and charges (-) |  |  |
| J. | Taxes | -581,120.90 | -622,684.99 |
|  | Class A (Dis) | -125,828.64 | -63,858.16 |
|  | Class B (Cap) | -209,341.21 | -160,865.10 |
|  | Class B USD (Cap) | -1,123.25 | -858.81 |
|  | Class E (Dis) | 4,942.97 | -5,957.94 |
|  | Class F (Cap) | -31,314.85 | -42,033.12 |
|  | No translation of "Classe F LC (Cap)" (Financial static info - Report - Section - Heading - Label - Part2) in English (United Kingdom) | -1.01 |  |
|  | Class F USD HEDGED (Cap) | 166.06 | -3,823.20 |
|  | Class F CHF HEDGED (Cap) | 16.82 | -408.25 |
|  | Class F USD (Cap) | -1.74 |  |
|  | Class J (Cap) | 4,587.43 | -81,983.79 |
|  | Class L (Cap) | -146.32 | -1,224.52 |
|  | Class M (Dis) | -154,942.52 | -83,294.62 |
|  | Class N (Cap) | -72,921.95 | -68,301.46 |
|  | Class P (Cap) | -3,353.37 | -23,575.65 |
|  | Class V (Dis) | 6,222.07 | -42,511.31 |
|  | Class W (Cap) | 1,946.94 | -43,989.06 |
|  | No translation of "Classe W USD (Cap)" (Financial static info - Report - Section - Heading - Label - Part2) in English (United Kingdom) | -28.33 |  |
| K. | Other expenses (-) | -107,589.41 | -4,335.37 |
|  |  |  |  |
|  | Income and expenditure for the financial year Sub-Total II + III + IV | 48,862,395.52 | 40,489,580.79 |
|  |  |  |  |
| V. | Current profit (loss) before income tax | 1,082,828,211.49 | -403,433,802.85 |
|  |  |  |  |
| VI. | Income tax |  |  |
|  |  |  |  |
| VII. | Result of the period | 1,082,828,211.49 | -403,433,802.85 |

-

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 | 1.033.965.815,97 | -443.923.383,64 |
| A. | Obligations et autres titres de créance | -20.068.394,53 | -3.723.115,06 |
| a. | Obligations | -20.068.394,53 | -3.723.115,06 |
|  | Gain réalisé | 6.222.333,07 | 579.305,01 |
|  | Perte réalisée | -639.754,08 | -9.378.047,70 |
|  | Gain/Perte non-réalisé | -25.650.973,52 | 5.075.627,63 |
| B. | Instruments du marché monétaire |  |  |
| C. | Actions et autres valeurs assimilables à des actions | 1.049.592.487,98 | -423.406.730,44 |
| a. | Actions | 1.048.631.340,09 | -420.976.483,37 |
|  | Gain réalisé | 511.558.646,26 | 40.145.009,15 |
|  | Perte réalisée | -72.106.421,06 | -298.227.754,26 |
|  | Gain/Perte non-réalisé | 609.179.114,89 | -162.893.738,26 |
| b. | OPC à nombre fixe de parts | 961.147,89 | -2.430.247,07 |
|  | Perte réalisée | -86.723,10 | -2.714,76 |
|  | Gain/Perte non-réalisé | 1.047.870,99 | -2.427.532,31 |
| D. | Autres valeurs mobilières |  | -228.815,82 |
|  | Perte réalisée |  | -237.543,36 |
|  | Gain/Perte non-réalisé |  | 8.727,54 |
| E. | OPC à nombre variable de parts |  | -7.259.943,63 |
|  | Gain réalisé |  | 380.863,95 |
|  | Perte réalisée |  | -199.189,04 |
|  | Gain/Perte non-réalisé |  | -7.441.618,54 |
| F. | Instruments financiers dérivés | 3.461.535,00 | -7.304.670,00 |
| a. | Sur obligations | 3.461.535,00 | -7.304.670,00 |
| ii. | Contrats à terme | 3.461.535,00 | -7.304.670,00 |
|  | Gain/Perte réalisé | 4.160.490,00 | -6.251.340,00 |
|  | Gain/Perte non-réalisé | -698.955,00 | -1.053.330,00 |
| G. | Créances, dépôts, liquidités et dettes |  |  |
| H. | Positions et opérations de change | 980.187,52 | -2.000.108,69 |
| a. | Instruments financiers dérivés | 2.455.689,13 | -1.657.616,56 |
| ii. | Contrats à terme | 2.455.689,13 | -1.657.616,56 |
|  | Gain /Perte réalisée | 811.639,30 | -2.641.633,32 |
|  | Gain /Perte non-réalisée | 1.644.049,83 | 984.016,76 |
| b. | Autres positions et opérations de change | -1.475.501,61 | -342.492,13 |
| iv. | Autres | -1.475.501,61 | -342.492,13 |
|  | Gain /Perte réalisée | -1.536.360,35 | -336.994,23 |
|  | Gain /Perte non-réalisée | 60.858,74 | -5.497,90 |
|  |  |  |  |
| II. | Produits et charges des placements | 98.439.952,79 | 71.675.379,72 |
| A. | Dividendes | 92.778.318,34 | 73.722.411,37 |
| B. | Intérêts (+/-) | 6.942.222,47 | 6.241.367,98 |
| a. | Valeurs mobilières et instruments du marché monétaire | 6.412.653,99 | 6.052.436,83 |
| b. | Dépôts et liquidités | 529.568,48 | 188.931,15 |
|  | Intérêts d'emprunts (-) | -1.123.889,83 | -594.803,94 |
|  | Contrats de swap (+/-) |  |  |
|  | Précomptes mobiliers (-) | -163.715,55 | -7.694.131,77 |
|  | D'origine belge | -1.413.831,11 | -822.517,12 |
|  | D'origine étrangère | 1.250.115,56 | -6.871.614,65 |
| F. | Autres produits provenant des placements | 7.017,36 | 536,08 |
|  |  |  |  |
| III. | Autres produits | 825,12 | 2.468,60 |
| 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 | 10,78 | 3,43 |
| B. | Autres | 814,34 | 2.465,17 |
|  |  |  |  |
| IV. | Coûts d'exploitation | -49.578.382,39 | -31.188.267,53 |
| A. | Frais de transaction et de livraison inhérents aux placements (-) | -8.921.124,47 | -6.520.214,89 |
| B. | Charges financières (-) | -5.633,91 | -8.065,89 |
| C. | Rémunération due au dépositaire (-) | -2.368.955,94 | -1.744.929,02 |
| D. | Rémunération due au gestionnaire (-) | -36.829.683,03 | -22.001.288,38 |
| a. | Gestion financière | -33.473.823,84 | -19.764.155,91 |
|  | Classe A (Dis) | -2.783.504,45 | -1.403.853,70 |
|  | Classe B (Cap) | -9.969.366,48 | -5.646.414,02 |
|  | Classe B USD (Cap) | -32.720,23 | -16.676,23 |
|  | Classe E (Dis) | -760.268,92 | -266.680,69 |
|  | Classe F (Cap) | -11.357.990,87 | -7.596.527,21 |
|  | Classe F LC (Cap) | -28,49 |  |
|  | Classe F USD (Cap) | -298,44 |  |
|  | Classe F CHF HEDGED (Cap) | -33.926,77 | -20.575,51 |
|  | Classe F USD HEDGED (Cap) | -315.734,86 | -183.864,17 |

|  |  | 30 juin 2021 EUR | 30 juin 2020 EUR |
| --- | --- | --- | --- |
|  | Classe J (Cap) | -4.144.408,64 | -2.286.818,50 |
|  | Classe L (Cap) | -46.699,22 | -10.989,00 |
|  | Classe M (Dis) | -1.196.136,39 | -637.350,14 |
|  | Classe N (Cap) | -821.415,18 | -680.417,30 |
|  | Classe V (Dis) | -455.825,36 | -232.502,91 |
|  | Classe W (Cap) | -1.551.932,54 | -781.486,53 |
|  | Classe W USD (Cap) | -3.567,00 |  |
| b. | Gestion administrative et comptable | -3.355.859,19 | -2.237.132,47 |
| E. | Frais administratifs (-) | -494.399,96 | -90.289,89 |
| F. | Frais d'établissement et d'organisation (-) | -24.567,55 | -19.629,65 |
| G. | Rémunérations, charges sociales et pensions (-) | -4.993,76 | -12.090,65 |
| H. | Services et biens divers (-) | -240.313,46 | -164.738,80 |
| I. | Amortissements et provisions pour risques et charges (-) |  |  |
| J. | Taxes | -581.120,90 | -622.684,99 |
|  | Classe A (Dis) | -125.828,64 | -63.858,16 |
|  | Classe B (Cap) | -209.341,21 | -160.865,10 |
|  | Classe B USD (Cap) | -1.123,25 | -858,81 |
|  | Classe E (Dis) | 4.942,97 | -5.957,94 |
|  | Classe F (Cap) | -31.314,85 | -42.033,12 |
|  | Classe F LC (Cap) | -1,01 |  |
|  | Classe F USD HEDGED (Cap) | 166,06 | -3.823,20 |
|  | Classe F CHF HEDGED (Cap) | 16,82 | -408,25 |
|  | Classe F USD (Cap) | -1,74 |  |
|  | Classe J (Cap) | 4.587,43 | -81.983,79 |
|  | Classe L (Cap) | -146,32 | -1.224,52 |
|  | Classe M (Dis) | -154.942,52 | -83.294,62 |
|  | Classe N (Cap) | -72.921,95 | -68.301,46 |
|  | Classe P (Cap) | -3.353,37 | -23.575,65 |
|  | Classe V (Dis) | 6.222,07 | -42.511,31 |
|  | Classe W (Cap) | 1.946,94 | -43.989,06 |
|  | Classe W USD (Cap) | -28,33 |  |
| K. | Autres charges (-) | -107.589,41 | -4.335,37 |
|  |  |  |  |
|  | Produits et charges de l'exercice (du semestre) Sous-total II+III+IV | 48.862.395,52 | 40.489.580,79 |
|  |  |  |  |
| V. | Bénéfice courant (perte courante) avant impôts sur le résultat | 1.082.828.211,49 | -403.433.802,85 |
|  |  |  |  |
| VI. | Impôts sur le résultat |  |  |
|  |  |  |  |
| VII. | Résultat du semestre | 1.082.828.211,49 | -403.433.802,85 |

-