1、Annual Report2014/2015(Formerly Paris Orlans)Annual Report 2014/201502Paris Orlans Annual Report 2014/201503Annual Report 2014/2015 Paris OrlansContentsMessage from the Companys Managing Partner 06Message from the Chairman of the Supervisory Board 111.Overview 13Overview of businesses 14World presen
2、ce 16Governance 18Group economical organisation chart 21Corporate social responsibility 22Shareholder information 232.Business review 27Global Financial Advisory 28Wealth&Asset Management 34Merchant Banking 423.Management report 51Results as at 31 March 2015 52Information on the Company and share ca
3、pital 54Corporate governance 67Corporate social responsibility 107Other information 1204.Financial statements 123Consolidated financial statements 124Parent company financial statements 186Paris Orlans Annual Report 2014/2015041838Creation of Paris Orlans,a French railway company.1937Paris Orlans di
4、scontinues its railway business.1982 Relaunch of Rothschilds French activities through Paris Orlans following the nationalisation of the Rothschild familys French bank in 1981.2003Move to unify and optimise the worldwide Group structures with the creation of a new lead entity,Concordia BV,held equal
5、ly by Paris Orlans and the English branch of the Rothschild family.2008Acquired control of the banking activities at a global level and completed reorganisation of family shareholdings.2012Paris Orlans reorganisation to streamline its organisation,optimise its regulatory capital and preserve family
6、control,with its conversion into a partnership limited by shares.2015Paris Orlans will change its name to Rothschild&Co.TodayTodays integrated Group offers full-scale financial advice and services around the world.Paris Orlans over timeAnnual Report 2014/2015 Paris Orlans05Key figures as at 31 March