Table of Contents - orey2

orey2

• Annual Report 2011
• Contents
• 1. Message from the Chairman
• 2. Executive Summary
• 3. Macroeconomic Review
  • 3.1 International Economy
  • 3.2 Euro Area Economy
  • 3.3 Portuguese Economy
  • 3.4 Spanish Economy
  • 3.5 American Economy
  • 3.6 Japanese Economy
  • 3.7 Angolan Economy
  • 3.8 Brazilian Economy
  • 3.9 Chinese Economy
  • 3.10 Financial Markets
• 4. Impact of the New Strategic Repositioning of Consolidated Accounts
  • 4.1 The impacts of IFRS 5
  • 4.2 Alteration of the structure of the presentation of accounts
• 5. Strategic Positioning
• 6. Financial Information and Key Facts
• 7. Human Resources
  • 7.1 Recruiting
  • 7.2 Employee Training and Development
  • 7.3 Performance Assessment Systems
  • 7.4 Remuneration and Incentives Systems
  • 7.5 The Group’s Human Resources Structure
• 8. Investment Portfolio Analysis
  • 8.1 Private Equity
  • 8.2 Strategic Assets
  • 8.3 Alternative Investments
  • 8.4 Real Estate
• 9. Goals and Objectives in the Matterr of Risk Management
• 10. Remuneration of Corporate Officers
• 11. Highlights of the Year (Including Subsequent Events)
• 12. Proposal for the Appropriation of Profit
• 13. Treasury Shares
• 14. Orey Share Price
• 15. Directors ’ Transactions
• 16. Shares and Securities Held by the Company ’s Corporate Officers
• 17. List of Holders of Qualified Holdings
• 18. Declaration of Conformity
• 19. Report on Corporate Governance
• 20. Separate Financial Statements
  • 20.1 Separate Statement of Financial Position
  • 20.2 Separate Statement of Income by Nature of Expense
  • 20.3 Separate Statement of Changes in Equity
  • 20.4 Separate Statement of Cash Flows
• 21. Notes to the Separate Financial Statements
• 22. Legal Certification of the Accounts and Report and Opinion of the Board of Auditors on the Accounts
  • 22.1 Legal Certification of the Accounts and Audit Report
  • 22.2 Fiscal Report and Opinion of the Statutory Auditor
  • 22.3 Statement of the Board of Auditors
• 23. Consolidated Financial Statements
  • 23.1 Consolidated Statement of Financial Position
  • 23.2 Consolidated Income Statement by Nature of Expense
  • 23.3 Consolidated Statement of Changes in Equity
  • 23.4 Consolidated Cash-flow Statement
• 24. Notes to the Consolidated Financial Statements
• 25. Legal Certification of the Accounts and Report and Opinion of the Board of Auditors of the Consolidated Accounts
  • 25.1 Legal Certification of the Accounts and Audit Report
  • 25.2 Report and Opinion of the Board of Auditors on the Consolidated Accounts
  • 25.3 Statement of the Board of Auditors on the Consolidated Accounts