Boskalis_Annual_Report_2016

125

The table below shows the major joint operations (project driven construction consortiums) in which the Group is involved:

2015

2016

ENTITY

COUNTRY OF INCORPORATION

DREDGING & INLAND INFRA A4ALL V.O.F.

10% 50% 50% 50% 20% 50% 50% 50% 70% 38% 70% 33% 50% 33% 50% 30% 50% 70% 50% 25% 50% 17% 50% 50%

The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands

10% 50% 50% 50% 20% 50% 50% 50% 33% 50% 33% 50% 30% 50% 70% 50% 25% 50% 17% 50% 50% 50% 50% 50% 50% 50% 50% 50% 38%

Boskalis Van Oord Pluit City JV V.O.F.

BPL Beton

BPL Wegen

Combinatie BadhoeverBogen V.O.F.

Combinatie BaggerIJ Combinatie IJsselweide Combinatie Isala Delta

Combinatie Ommelanderdiek Combinatie Regenboog V.O.F.

-

Combinatie Tessel

-

Combinatie Wilhelminakanaal Kribverlaging Waal fase 3 MSB Grind & Zand V.O.F

Projectorganisatie Uitbreiding Maasvlakte (PUMA)

SAAone EPCM Bouwcombinatie V.O.F.

SAAone GWW V.O.F. Unie van Marken V.O.F.

ZSNH Combinatie Van Oord/Boskalis V.O.F.

NMDC-Boskalis-Van Oord-Jan de Nul Consortium for Suez Canal Project

Egypt Qatar

Ras Laffan Port Extension

Penta-Ocean Koon DI Boskalis Ham JV (Jurong 4) Boskalis Jan de Nul - Dragagens E Afins LDA

Singapore

Angola

Bahia Blanca

Argentina

OFFSHORE ENERGY Boskalis Offshore AS - Tideway V.O.F.

The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands

50% 50%

Offshore Windforce V.O.F. Offshore Windforce VM * Offshore Windforce WIK *

100% 100%

Thames JV

50% 50% 50%

Tideway-Boskalis JV Vulcan & Viking JV

*With effect from 1 July 2016 the group expanded its interest to 100% in the joint operations that formed part of the acquisition of the offshore activities of VolkerWessels (refer to note 5.1).

31. SUBSEQUENT EVENT On 28 February 2017 Boskalis sold its remaining share in Fugro N.V. This was sold through an accelerated bookbuild via which 7.9 million (9.4%) certificates of shares in Fugro N.V. were placed with institutional investors at EUR 14.50 per share. The proceeds amounted to EUR 115 million. At the time of the accelerated bookbuild in December 2016, Boskalis entered into a 90 days lock-up (see note 18.2), which was waived by the bookrunning banks.

ANNUAL REPORT 2016 – BOSKALIS