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22

PROFITABILITY FOR

INVESTORS AND

ACCESS TO CAPITAL*

Profitability is critical to the company, allowing it to bear its

responsibilities and pursue its activity. It allows to meas-

ure the effectiveness and value that clients recognise in

Cofinimmo’s products and services. It is essential for the allo-

cation of resources and for maintaining the investments that

guide its development and the production of its services. The

company cannot fully fill its economic and social role if the

profits are insufficient or if the financial base is fragile.

Cofinimmo’s share should contribute to the prosperity of its

shareholders and investors. This objective includes the distri-

bution of a high and steady dividend and the preservation of

the initial investment.

Cofinimmo must also have access to financing sources at the

lowest possible cost and with sufficient diversity to reduce

risk and guarantee the company’s long-term future.

* Cofinimmo’s detailed investment and financing policy can be found in the 2015

Annual Financial Report.