{"id":612,"date":"2017-08-09T10:07:16","date_gmt":"2017-08-09T10:07:16","guid":{"rendered":"http:\/\/www.politikfrance.fr\/?page_id=612"},"modified":"2017-08-09T10:41:01","modified_gmt":"2017-08-09T10:41:01","slug":"privatisation","status":"publish","type":"page","link":"http:\/\/www.politikfrance.fr\/index.php\/privatisation\/","title":{"rendered":"PRIVATISATION ?"},"content":{"rendered":"<h1 align=\"CENTER\"><span style=\"color: #993366;\">A qui profite la PRIVATISATION<\/span><\/h1>\n<h1 align=\"CENTER\"><span style=\"color: #993366;\"> des Missions R\u00e9galiennes de l&rsquo;Etat\u00a0?<\/span><\/h1>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"color: #993366;\">INTRODUCTION\u00a0:<\/span><\/h2>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">Nous allons essayer de <strong>comprendre<\/strong>, \u00e0 travers cette essai,<strong> la notion de Privatisation et de Nationalisation<\/strong>.<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">Ce qui nous int\u00e9resse, dans cette op\u00e9ration de privatisation d&rsquo;une entreprise, ce sont les avantages qu&rsquo;en tirent les diff\u00e9rents partis\u00a0:<\/span><\/p>\n<ul>\n<li style=\"text-align: justify;\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">L&rsquo;ETAT<\/span><\/p>\n<\/li>\n<li style=\"text-align: justify;\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Les Citoyens que nous sommes<\/span><\/p>\n<\/li>\n<li>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">Les Actionnaires<\/span><\/p>\n<\/li>\n<\/ul>\n<h2><span style=\"color: #993366;\">A \/ Pr\u00e9ambule\u00a0:<\/span><\/h2>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\"><strong>Nous prenons comme hypoth\u00e8se une entreprise d&rsquo;Etat qui fourni un Service Public<\/strong>.<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">Les exemples sont nombreux, tels qu&rsquo;un Fournisseurs d&rsquo;\u00e9lectricit\u00e9, fournisseurs d&rsquo;eau potable, de route, de transports, de soins (les hopitaux), d&rsquo;\u00e9ducations, tels que les \u00e9coles, les universit\u00e9s \u2026<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">Cependant, pour les besoins de notre exemple, nous prendrons, une entreprise qui fourni un service quantifiable, tels que la fourniture d&rsquo;eau potable. Nous lui attribuons pour territoire, un D\u00e9partement, de 25000 m\u00e9nages.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span style=\"color: #993366;\">B \/ Etat des lieux\u00a0:<\/span><\/h2>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\"><strong>Cette entreprise vends de l&rsquo;eau \u00e0 tous les m\u00e9nages et entreprises fran\u00e7aises du D\u00e9partement. Cela rel\u00e8ve d&rsquo;une obligation de Service Public.<\/strong> Elle appartient au Conseil G\u00e9n\u00e9ral du d\u00e9partement.<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">La consommation en eau d&rsquo;un territoire cit\u00e9 est de 10 millions de m3 par an\u00a0;<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">Le prix de l&rsquo;eau 1\u20ac le m3.<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">Le Chiffre d&rsquo;affaire est donc de 10 millions d&rsquo;euros.<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\"><strong>L&rsquo;entreprise appartenant \u00e0 l&rsquo;Etat, le prix de vente de l&rsquo;eau est fix\u00e9\u00a0au minimum<\/strong>\u00a0: Il doit donc couvrir la consommation\u00a0, ajout\u00e9 de l&rsquo;entretien du r\u00e9seaux et des infrastructures, ajout\u00e9 des investissements annuelles et ou pluri-annuelle pour d\u00e9velopper le r\u00e9seau pour les besoins de la population, ainsi que d&rsquo;une part de recherche d\u00e9veloppement pour garantir la modernit\u00e9 du r\u00e9seau.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span style=\"color: #993366;\">La situation\u00a0: <\/span><\/h3>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">Les ressources en eau du territoire\u00a0: Le d\u00e9partement dispose, sur son territoire d&rsquo;une ressource de 8 millions de m3 et b\u00e9n\u00e9ficie de l&rsquo;exc\u00e8s d&rsquo;eau du d\u00e9partement voisin qui lui en vend 2 millions de m3. N\u00e9anmoins, les besoins de la localit\u00e9 voisine augmente, tout comme celle du d\u00e9partement, et la ressource devient, pour les deux d\u00e9partements un facteur limitant de d\u00e9veloppement.<\/span><\/p>\n<h3><span style=\"color: #993366;\">D\u00e9finissons ces parts annuellement\u00a0:<\/span><\/h3>\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Consommation\u00a0: 20 % revers\u00e9 au d\u00e9partement voisin ce qui repr\u00e9sente 2 millions d&rsquo;Euros.<\/span><\/p>\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Entretien du r\u00e9seau et fonctionnement des services\u00a0: 30 % &#8211; 3 millions, pour le paiements des salari\u00e9es et des mat\u00e9riaux.<\/span><\/p>\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Investissements annuels\u00a0: 10% &#8211; 1 millions, pour la construction de citerne<\/span><\/p>\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Investissements Pluriannuels\u00a0: 20 % &#8211; 3 millions sur 5 ans pour amortir la construction d&rsquo;un barrage.<\/span><\/p>\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Recherche d\u00e9veloppement\u00a0: 10 % &#8211; 1 millions<\/span><\/p>\n<p align=\"CENTER\"><strong><em><span style=\"color: #993366;\">Tableau 1\u00a0: gestion\/distribution de l&rsquo;eau potable<\/span><\/em><\/strong><\/p>\n<table border=\"1\" width=\"100%\" cellspacing=\"0\" cellpadding=\"4\">\n<colgroup>\n<col width=\"37*\" \/>\n<col width=\"37*\" \/>\n<col width=\"37*\" \/>\n<col width=\"37*\" \/>\n<col width=\"37*\" \/>\n<col width=\"37*\" \/>\n<col width=\"37*\" \/> <\/colgroup>\n<tbody>\n<tr valign=\"TOP\">\n<td width=\"14%\"><span style=\"color: #993366;\">\u00a0<\/span><\/td>\n<td width=\"14%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Vente d&rsquo;eau<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Achat d&rsquo;eau<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Entretien et fonctionemt<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Inv annuel<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Inv pluriannuels<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Rec\/dev<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">En Euros<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p style=\"text-align: center;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">+ 10 millions<\/span><\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"14%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">&#8211; 2 millions<\/span><\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"14%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">&#8211; 3 millions<\/span><\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"14%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">&#8211; 1 millions<\/span><\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"14%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">&#8211; 3 millions<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p style=\"text-align: center;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">&#8211; 1 millions<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">En %<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">100,00%<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">20,00%<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">30,00%<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">10,00%<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">30,00%<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">10,00%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"14%\"><span style=\"color: #993366;\">\u00a0<\/span><\/td>\n<td width=\"14%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">+ 10 millions<\/span><\/p>\n<\/td>\n<td colspan=\"5\" width=\"71%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">&#8211; 10 millions<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span style=\"color: #993366;\">C \/ projet d&rsquo;investissements\u00a0:<\/span><\/h2>\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\"><strong>L&rsquo;opportunit\u00e9 de la construction d&rsquo;un barrage suppl\u00e9mentaire<\/strong> de grande capacit\u00e9 se profile et le d\u00e9partement \u00e9tudie les possibilit\u00e9s de le financer. Le projet est estim\u00e9 \u00e0 100 millions d&rsquo;Euros et permettrait aux deux territoires d&rsquo;<strong>augmenter leurs ressources et de vendre de l&rsquo;eau aux territoires voisins<\/strong> et donc d&rsquo;accro\u00eetre leurs potentiels clients. Cela repr\u00e9sente un<strong> potentiel de d\u00e9veloppement de la zone non n\u00e9gligeable pour l&rsquo;avenir.<\/strong><\/span><\/p>\n<h2><span style=\"color: #993366;\">D\/ Plan de financement sans privatisation<\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Ce territoire concern\u00e9, apr\u00e8s investissement, aurait donc un accroissement de ses recettes (passage de 8 millions \u00e0 10 millions sur son territoire) avec une possibilit\u00e9 de vendre le surplus sur les territoires voisins d\u00e9ficitaires, pour 10 millions d&rsquo;Euros. <strong>Cela am\u00e8nerait une augmentation des recettes jusque 20 millions d&rsquo;euros<\/strong>. Pour un investissement de 50 millions d&rsquo;euros, soit la moiti\u00e9 de l&rsquo;investissement total n\u00e9cessaire.<\/span><\/p>\n<h3><span style=\"color: #993366;\">Plan d&rsquo;amortissement\u00a0:<\/span><\/h3>\n<p><span style=\"color: #993366;\">5,5 millions sur 10 ans en y comptant les int\u00e9r\u00eats. Soit 55 millions.<\/span><\/p>\n<h3><span style=\"color: #993366;\">Ventilation des budgets annuels : <\/span><\/h3>\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Recette\u00a0: 20 millions<\/span><\/p>\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Vente interne : 10 millions d&rsquo;Euros de consommation interne<\/span><\/p>\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Vente externe\u00a0: 10 millions d&rsquo;euros<\/span><\/p>\n<p><span style=\"color: #993366;\">D\u00e9penses\u00a0:<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">Entretien du r\u00e9seau et fonctionnement des services\u00a0accrues en raison du deuxi\u00e8me barrage : 17,5 % &#8211; 3,5 millions, pour le paiements des salari\u00e9es et des mat\u00e9riaux.<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">Investissements annuels\u00a0: 10% &#8211; 1 millions, pour la construction de citerne<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">Investissements Pluriannuels\u00a0: 20 % &#8211; 3 millions sur 5 ans pour amortir la construction d&rsquo;un barrage ajout\u00e9 de 5,5 millions sur 10 ans pour le deuxi\u00e8me barrage, soit un total de 8,5 millions.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Recherche d\u00e9veloppement\u00a0accrues : 10 % &#8211; 2 millions<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\"><strong>B\u00e9n\u00e9fices<\/strong>\u00a0: Reste 5 millions dans les 5 prochaines ann\u00e9es puis 8 millions entre 5 et 10 ans puis 13,5 millions dans les ann\u00e9es suivantes, <strong>qui iront dans les caisses du D\u00e9partement<\/strong>.<\/span><\/p>\n<p align=\"CENTER\"><em><span style=\"color: #993366;\">Tableau 2\u00a0: des charges et b\u00e9n\u00e9fices annuels\u00a0: <\/span><\/em><\/p>\n<table border=\"1\" width=\"100%\" cellspacing=\"0\" cellpadding=\"4\">\n<colgroup>\n<col width=\"29*\" \/>\n<col width=\"41*\" \/>\n<col width=\"39*\" \/>\n<col width=\"35*\" \/>\n<col width=\"38*\" \/>\n<col width=\"37*\" \/>\n<col width=\"36*\" \/> <\/colgroup>\n<tbody>\n<tr valign=\"TOP\">\n<td width=\"11%\"><span style=\"color: #993366;\">\u00a0<\/span><\/td>\n<td width=\"16%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">Vente d&rsquo;eau<\/span><\/strong><\/p>\n<\/td>\n<td width=\"15%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">Entretien et fonctionnemt<\/span><\/strong><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">Inv annuel<\/span><\/strong><\/p>\n<\/td>\n<td width=\"15%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">Inv pluriannuels<\/span><\/strong><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">Rec\/dev<\/span><\/strong><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">B\u00e9n\u00e9fices annuels<\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"11%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">En Euros<\/span><\/p>\n<\/td>\n<td width=\"16%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">+ 20 millions<\/span><\/p>\n<\/td>\n<td width=\"15%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">3,5 millions<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">1 millions<\/span><\/p>\n<\/td>\n<td width=\"15%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">8,5 millions<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">2 millions<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5 millions<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">En %<\/span><\/p>\n<\/td>\n<td width=\"16%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">100,00%<\/span><\/p>\n<\/td>\n<td width=\"15%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">17,50%<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5,00%<\/span><\/p>\n<\/td>\n<td width=\"15%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">42,50%<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">10,00%<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">25,00%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"11%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Balance =\/&lt; 5ans<\/span><\/p>\n<\/td>\n<td width=\"16%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">+ 20 millions<\/span><\/p>\n<\/td>\n<td colspan=\"4\" width=\"58%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">&#8211; 15 millions<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5 millions<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"11%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Balance &gt; 5ans<\/span><\/p>\n<\/td>\n<td width=\"16%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">+ 20 millions<\/span><\/p>\n<\/td>\n<td colspan=\"4\" width=\"58%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">-12 millions<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">8 millions<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"11%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Balance &gt; 10ans<\/span><\/p>\n<\/td>\n<td width=\"16%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">+ 20 millions<\/span><\/p>\n<\/td>\n<td colspan=\"4\" width=\"58%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">&#8211; 6,5 millions<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">13,5 millions<\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"CENTER\"><span style=\"color: #993366;\">Tableau 2\u00a0: des B\u00e9n\u00e9fices cumul\u00e9s\u00a0: <\/span><\/p>\n<table border=\"1\" width=\"100%\" cellspacing=\"0\" cellpadding=\"4\">\n<colgroup>\n<col width=\"40*\" \/>\n<col width=\"29*\" \/>\n<col width=\"27*\" \/>\n<col width=\"27*\" \/>\n<col width=\"29*\" \/>\n<col width=\"30*\" \/>\n<col width=\"30*\" \/>\n<col width=\"45*\" \/> <\/colgroup>\n<tbody>\n<tr valign=\"TOP\">\n<td width=\"15%\"><span style=\"color: #993366;\">\u00a0<\/span><\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 1<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 5<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 6<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 7<\/span><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 9<\/span><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 11<\/span><\/p>\n<\/td>\n<td width=\"18%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 20<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"15%\">\n<p align=\"JUSTIFY\"><strong><span style=\"color: #993366;\">Amortissemt Investissemt<\/span><\/strong><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5,5<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5,5<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5,5<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5,5<\/span><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5,5<\/span><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">0<\/span><\/p>\n<\/td>\n<td width=\"18%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">0<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"15%\">\n<p align=\"JUSTIFY\"><strong><span style=\"color: #993366;\">B\u00e9n\u00e9fices annuels<\/span><\/strong><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">8<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">8<\/span><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">8<\/span><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">13,5<\/span><\/p>\n<\/td>\n<td width=\"18%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">13,5<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"15%\">\n<p align=\"JUSTIFY\"><strong><span style=\"color: #993366;\">Balance cumul\u00e9<\/span><\/strong><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">25<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">33<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">41<\/span><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">57<\/span><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">78,5<\/span><\/p>\n<\/td>\n<td width=\"18%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">200<\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"15%\">\n<p align=\"JUSTIFY\"><strong><span style=\"color: #993366;\">Observations<\/span><\/strong><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">d\u00e9ficitaire<\/span><\/p>\n<\/td>\n<td width=\"11%\"><span style=\"color: #993366;\">\u00a0<\/span><\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">\u00e9quilibre<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">b\u00e9n\u00e9ficiaires<\/span><\/p>\n<\/td>\n<td width=\"12%\"><span style=\"color: #993366;\">\u00a0<\/span><\/td>\n<td colspan=\"2\" width=\"29%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Amortissement Investissement termin\u00e9s<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\"><strong>En ann\u00e9e 6, nous atteignons l&rsquo;\u00e9quilibre<\/strong> car l&rsquo;amortissement du premier barrage est termin\u00e9e et lib\u00e8re 3 millions d&rsquo;euros, qui solde l&rsquo;endettement de l&rsquo;amortissement du deuxi\u00e8me barrage 6 x 0,5 millions\/an pendant 6 ans.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span style=\"color: #993366;\">E\/ Plan de r\u00e9alisation dans le cadre d&rsquo;une privatisation\u00a0:<\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Les \u00e9lus du D\u00e9partement ayant un gros besoin de financement pour un autre projet d\u00e9partementale \u00e9tudie la vente de l&rsquo;exploitation de l&rsquo;eau potable\u00a0:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Elle se dit que, plut\u00f4t qu&rsquo;elle m\u00eame investi, elle\u00a0vend et l&rsquo;acheteur investi dans le projet de deuxi\u00e8me barrage. Ce qui permettrait <strong>une entr\u00e9e d&rsquo;argent importante ponctuellement<\/strong> qui peut \u00eatre r\u00e9investi dans un autre projet estim\u00e9 \u00e0 25 millions d&rsquo;Euros.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Le bien est mise en vente et estim\u00e9 \u00e0\u00a0: elle va rapport\u00e9e, apr\u00e8s investissements, 2 millions par an pendant 5 ans puis 5 millions minimum, pendant 25 ans soit 135 millions d&rsquo;Euros de B\u00e9n\u00e9fices en 30 ans. Elle serait vendu \u00e0 50 millions avec une promesse d&rsquo;amortissement sur 13 ans. Avec obligation pour l&rsquo;acheteur de faire l&rsquo;investissement et de distribuer l&rsquo;eau.<\/span><\/p>\n<p><span style=\"color: #993366;\">L&rsquo;acheteur garde le m\u00eame plan d&rsquo;Investissement et la m\u00eame redistribution des recettes.<\/span><\/p>\n<p><span style=\"color: #993366;\">Plan d&rsquo;amortissement de l&rsquo;achat\u00a0:<\/span><\/p>\n<p><span style=\"color: #993366;\">5,5 millions sur 10 ans en y comptant les int\u00e9r\u00eats\u00a0: soit 55 millions.<\/span><\/p>\n<p><span style=\"color: #993366;\">Plan d&rsquo;amortissement\u00a0de l&rsquo;investissement :<\/span><\/p>\n<p><span style=\"color: #993366;\">5,5 millions sur 10 ans en y comptant les int\u00e9r\u00eats. Soit 55 millions.<\/span><\/p>\n<h3><span style=\"color: #993366;\">Ventilation des budgets annuels : <\/span><\/h3>\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Recette\u00a0: 20 millions<\/span><\/p>\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Vente interne : 10 millions d&rsquo;Euros de consommation interne<\/span><\/p>\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Vente externe\u00a0: 10 millions d&rsquo;euros<\/span><\/p>\n<p><span style=\"color: #993366;\">D\u00e9penses\u00a0: <\/span><\/p>\n<p align=\"CENTER\"><em><strong><span style=\"color: #993366;\">Tableau 3\u00a0: des charges et b\u00e9n\u00e9fices annuels\u00a0:<\/span><\/strong><\/em><\/p>\n<table border=\"1\" width=\"100%\" cellspacing=\"0\" cellpadding=\"4\">\n<colgroup>\n<col width=\"28*\" \/>\n<col width=\"39*\" \/>\n<col width=\"42*\" \/>\n<col width=\"33*\" \/>\n<col width=\"43*\" \/>\n<col width=\"35*\" \/>\n<col width=\"37*\" \/> <\/colgroup>\n<tbody>\n<tr valign=\"TOP\">\n<td width=\"11%\"><span style=\"color: #993366;\">\u00a0<\/span><\/td>\n<td width=\"15%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">Vente d&rsquo;eau<\/span><\/strong><\/p>\n<\/td>\n<td width=\"16%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">Entretien et fonctionnemt<\/span><\/strong><\/p>\n<\/td>\n<td width=\"13%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">Inv annuel<\/span><\/strong><\/p>\n<\/td>\n<td width=\"17%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">Inv Pluri Anuel<\/span><\/strong><\/p>\n<\/td>\n<td width=\"13%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">Rec\/Dev<\/span><\/strong><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">B\u00e9n\u00e9fices<\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"11%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">En Euros<\/span><\/p>\n<\/td>\n<td width=\"15%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">+ 20 millions<\/span><\/p>\n<\/td>\n<td width=\"16%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">3,5 millions<\/span><\/p>\n<\/td>\n<td width=\"13%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">1 million<\/span><\/p>\n<\/td>\n<td width=\"17%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">8,5 millions<\/span><\/p>\n<\/td>\n<td width=\"13%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">2 millions<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5 millions<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"11%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">En %<\/span><\/p>\n<\/td>\n<td width=\"15%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">100,00%<\/span><\/p>\n<\/td>\n<td width=\"16%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">17,50%<\/span><\/p>\n<\/td>\n<td width=\"13%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5,00%<\/span><\/p>\n<\/td>\n<td width=\"17%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">42,50%<\/span><\/p>\n<\/td>\n<td width=\"13%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">10,00%<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">25,00%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"11%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Balance=&lt; 5ans<\/span><\/p>\n<\/td>\n<td width=\"15%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">+ 20 millions<\/span><\/p>\n<\/td>\n<td colspan=\"4\" width=\"59%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">&#8211; 15 millions<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5 millions<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"11%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Balance &gt; 5ans<\/span><\/p>\n<\/td>\n<td width=\"15%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">+ 20 millions<\/span><\/p>\n<\/td>\n<td colspan=\"4\" width=\"59%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">&#8211; 12 millions<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">8 millions<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"11%\">\n<p align=\"JUSTIFY\"><span style=\"color: #993366;\">Balance &gt; 10ans<\/span><\/p>\n<\/td>\n<td width=\"15%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">+ 20 millions<\/span><\/p>\n<\/td>\n<td colspan=\"4\" width=\"59%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">&#8211; 6,5 millions<\/span><\/p>\n<\/td>\n<td width=\"14%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">13,5 millions<\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Entretien du r\u00e9seau et fonctionnement des services\u00a0accrues en raison du deuxi\u00e8me barrage : 17,50 % &#8211; 3,5 millions, pour le paiements des salari\u00e9es et des mat\u00e9riaux.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Investissements annuels\u00a0: 5 % &#8211; 1 millions, pour la construction de citerne<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Investissements Pluriannuels\u00a0: 42,50 % &#8211; 3 millions sur 5 ans pour amortir la construction d&rsquo;un barrage ajout\u00e9 de 5,5 millions sur 10 ans pour le deuxi\u00e8me barrage, soit un total de 8,5 millions.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Recherche d\u00e9veloppement\u00a0accrues : 10 % &#8211; 2 millions<\/span><\/p>\n<p>&nbsp;<\/p>\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">Tableau 4\u00a0: des B\u00e9n\u00e9fices\u00a0: D\u00e9ficitaire les 5 premi\u00e8res ann\u00e9es puis 10 millions cumul\u00e9 \u00e0 10 ans puis 13,5 millions par an dans les ann\u00e9es suivantes. Cette fois ci, ces b\u00e9n\u00e9fices sont privatis\u00e9s \u2026 <\/span><\/strong><\/p>\n<table border=\"1\" width=\"100%\" cellspacing=\"0\" cellpadding=\"4\">\n<colgroup>\n<col width=\"36*\" \/>\n<col width=\"30*\" \/>\n<col width=\"26*\" \/>\n<col width=\"26*\" \/>\n<col width=\"29*\" \/>\n<col width=\"34*\" \/>\n<col width=\"30*\" \/>\n<col width=\"45*\" \/> <\/colgroup>\n<tbody>\n<tr valign=\"TOP\">\n<td width=\"14%\"><span style=\"color: #993366;\">\u00a0<\/span><\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 1<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 5<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 6<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 7<\/span><\/p>\n<\/td>\n<td width=\"13%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 9<\/span><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 11<\/span><\/p>\n<\/td>\n<td width=\"18%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 20<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"14%\">\n<p align=\"JUSTIFY\"><strong><span style=\"color: #993366;\">Amortissement Achat<\/span><\/strong><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5,5<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5,5<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5,5<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5,5<\/span><\/p>\n<\/td>\n<td width=\"13%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5,5<\/span><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">0<\/span><\/p>\n<\/td>\n<td width=\"18%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">0<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"14%\">\n<p align=\"JUSTIFY\"><strong><span style=\"color: #993366;\">B\u00e9n\u00e9fices<\/span><\/strong><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">5<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">8<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">8<\/span><\/p>\n<\/td>\n<td width=\"13%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">8<\/span><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">13,5<\/span><\/p>\n<\/td>\n<td width=\"18%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">13,5<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"14%\">\n<p align=\"JUSTIFY\"><strong><span style=\"color: #993366;\">Balance<\/span><\/strong><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">-0,5<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">-0,5<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">2,5<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">2,5<\/span><\/p>\n<\/td>\n<td width=\"13%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">2,5<\/span><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">13,5<\/span><\/p>\n<\/td>\n<td width=\"18%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">13,5<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"14%\">\n<p align=\"JUSTIFY\"><strong><span style=\"color: #993366;\">Balance cumul\u00e9<\/span><\/strong><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">-0,5<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">-2,5<\/span><\/p>\n<\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">0<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">2,5<\/span><\/p>\n<\/td>\n<td width=\"13%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">7,5<\/span><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">23,5<\/span><\/p>\n<\/td>\n<td width=\"18%\">\n<p align=\"CENTER\"><strong><span style=\"color: #993366;\">145<\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"14%\">\n<p align=\"JUSTIFY\"><strong><span style=\"color: #993366;\">Observations<\/span><\/strong><\/p>\n<\/td>\n<td width=\"12%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">d\u00e9ficitaire<\/span><\/p>\n<\/td>\n<td width=\"10%\"><span style=\"color: #993366;\">\u00a0<\/span><\/td>\n<td width=\"10%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">\u00e9quilibre<\/span><\/p>\n<\/td>\n<td width=\"11%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">b\u00e9n\u00e9ficiaires<\/span><\/p>\n<\/td>\n<td width=\"13%\"><span style=\"color: #993366;\">\u00a0<\/span><\/td>\n<td colspan=\"2\" width=\"29%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Amortissement Achat + Investissement termin\u00e9s<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span style=\"color: #993366;\">F\/ L&rsquo;actionnariat et l&rsquo;int\u00e9r\u00eat des priv\u00e9s qui ach\u00e8tent\u00a0:<\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">L&rsquo;entreprise a \u00e9t\u00e9 vendu saucissonn\u00e9es par part de 1000 \u20ac, soit 50000 parts, en sachant qu&rsquo;un acheteur peut acqu\u00e9rir plusieurs parts.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">L&rsquo;entreprise est c\u00f4t\u00e9 en bourse et le cours de son action \u00e9volue au fil du temps.<\/span><\/p>\n<h3><span style=\"color: #993366;\">Tableau 5\u00a0: 10 ans apr\u00e8s, l&rsquo;action a baiss\u00e9 de moiti\u00e9\u00a0: <\/span><\/h3>\n<table border=\"1\" width=\"100%\" cellspacing=\"0\" cellpadding=\"4\">\n<colgroup>\n<col width=\"51*\" \/>\n<col width=\"51*\" \/>\n<col width=\"51*\" \/>\n<col width=\"51*\" \/>\n<col width=\"51*\" \/> <\/colgroup>\n<tbody>\n<tr valign=\"TOP\">\n<td width=\"20%\">\n<p align=\"LEFT\"><span style=\"color: #993366;\">1\u00a0000,00 \u20ac<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 0<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 6<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 11<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">Ann\u00e9e 20<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"20%\">\n<p align=\"LEFT\"><span style=\"color: #993366;\">B\u00e9n\u00e9fices<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">100,00 \u20ac<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">160,00 \u20ac<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">270,00 \u20ac<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">270,00 \u20ac<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"20%\">\n<p align=\"LEFT\"><span style=\"color: #993366;\">B\u00e9n\u00e9fice cumul\u00e9<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">100,00 \u20ac<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">660,00 \u20ac<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">1\u00a0570,00 \u20ac<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">4\u00a0000,00 \u20ac<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"20%\">\n<p align=\"LEFT\"><span style=\"color: #993366;\">Valeurs<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">1\u00a0000,00 \u20ac<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">500,00 \u20ac<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">500,00 \u20ac<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">500,00 \u20ac<\/span><\/p>\n<\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"20%\">\n<p align=\"LEFT\"><span style=\"color: #993366;\">Gain total en cas de vente<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">100 \u20ac<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">160,00 \u20ac<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">1\u00a0070,00 \u20ac<\/span><\/p>\n<\/td>\n<td width=\"20%\">\n<p align=\"CENTER\"><span style=\"color: #993366;\">3\u00a0500,00 \u20ac<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Ceux qui a \u00e9t\u00e9 achet\u00e9 \u00e0 1000 \u20ac serait vendu \u00e0 500 \u20ac.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Une part achet\u00e9 1000 \u20ac rapporterait \u00e0 son acqu\u00e9reur, en b\u00e9n\u00e9fice annuelle les 5 premi\u00e8res ann\u00e9es\u00a0: 5 millions \/50000 parts = 100 \u20ac<\/span><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"color: #993366;\">Si l&rsquo;acheteur garde son bien,<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">dont la valeur a diminu\u00e9, il gagne annuellement 100 \u20ac pour 1000 \u20ac investit. La vente ne lui permet pas de r\u00e9cup\u00e9rer sa mise imm\u00e9diatement puisque l&rsquo;action est de moiti\u00e9. N\u00e9ammoins, en dix ans il a d\u00e9j\u00e0 gagn\u00e9 5 x 100 \u20ac (le partage du b\u00e9n\u00e9fice, les 5 premi\u00e8re ann\u00e9es) + 5 x 160 \u20ac (le partage du b\u00e9n\u00e9fice de 6 \u00e0 10 ans pour une mise de 1000 \u20ac de d\u00e9part, soit 1300 \u20ac. <strong>Il est d\u00e9j\u00e0 b\u00e9n\u00e9ficiaire<\/strong>. <strong>Et en 20 ans, il l&rsquo;aura tripl\u00e9 au moins.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"color: #993366;\">Si il vends,<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\"><strong>Il est d\u00e9j\u00e0 en positif<\/strong>, puisqu&rsquo;il gagnera en tout 1800 \u20ac, (500 \u20ac + 1300 \u20ac) soit 80 % de plus que sa mise. Avec un march\u00e9 in\u00e9puisable et m\u00eame en augmentation puisque la distribution augmente progressivement.<\/span><\/p>\n<h3><span style=\"color: #993366;\">Tableau 6\u00a0: 10 ans apr\u00e8s l&rsquo;action a doubl\u00e9\u00a0:<\/span><\/h3>\n<p>&nbsp;<\/p>\n<table border=\"1\" width=\"100%\" cellspacing=\"0\" cellpadding=\"4\">\n<colgroup>\n<col width=\"51*\" \/>\n<col width=\"51*\" \/>\n<col width=\"51*\" \/>\n<col width=\"51*\" \/>\n<col width=\"51*\" \/> <\/colgroup>\n<tbody>\n<tr valign=\"TOP\">\n<td width=\"20%\"><span style=\"color: #993366;\">1\u00a0000,00 \u20ac<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">Ann\u00e9e 0<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">Ann\u00e9e 6<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">Ann\u00e9e 11<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">Ann\u00e9e 20<\/span><\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"20%\"><span style=\"color: #993366;\">B\u00e9n\u00e9fices<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">100,00 \u20ac<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">160,00 \u20ac<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">270,00 \u20ac<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">270,00 \u20ac<\/span><\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"20%\"><span style=\"color: #993366;\">B\u00e9n\u00e9fice cumul\u00e9<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">100,00 \u20ac<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">660,00 \u20ac<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">1\u00a0570,00 \u20ac<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">4\u00a0000,00 \u20ac<\/span><\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"20%\"><span style=\"color: #993366;\">Valeurs<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">1\u00a0000,00 \u20ac<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">1\u00a0500,00 \u20ac<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">2\u00a0000,00 \u20ac<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">2\u00a0000,00 \u20ac<\/span><\/td>\n<\/tr>\n<tr valign=\"TOP\">\n<td width=\"20%\"><span style=\"color: #993366;\">Gain total en cas de vente<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">100 \u20ac<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">1\u00a0160,00 \u20ac<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">2\u00a0570,00 \u20ac<\/span><\/td>\n<td width=\"20%\"><span style=\"color: #993366;\">5\u00a0000,00 \u20ac<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Ceux qui ont \u00e9t\u00e9 achet\u00e9 \u00e0 1000 \u20ac serait vendu \u00e0 2000 \u20ac.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Une part achet\u00e9 1000 \u20ac rapporterait donc, dans les 5 premi\u00e8res ann\u00e9es, \u00e0 son acqu\u00e9reur 5 millions \/50000 parts = 100 \u20ac. Puis le b\u00e9n\u00e9fices augmente.<\/span><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"color: #993366;\">Si l&rsquo;acheteur garde son bien<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">dont la valeur a augment\u00e9, il gagne annuellement 100 \u20ac pour 1000 \u20ac investit. En 10 ans, il a d\u00e9j\u00e0 gagn\u00e9 5 x 100 \u20ac (le partage du b\u00e9n\u00e9fice, les 5 premi\u00e8re ann\u00e9es) + 5 x 160 \u20ac (le partage du b\u00e9n\u00e9fice de 6 \u00e0 10 ans pour une mise de 1000 \u20ac de d\u00e9part, soit 1300 \u20ac.<strong> Il est d\u00e9j\u00e0 b\u00e9n\u00e9ficiaire<\/strong>. Toujours avec un march\u00e9 in\u00e9puisable et m\u00eame en augmentation puisque la distribution augmente progressivement.<\/span><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"color: #993366;\">Si il vend,<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Il double sa mise, en plus des dividendes\u00a0: en dix ans il a d\u00e9j\u00e0 gagn\u00e9 1300 \u20ac sur une mise de 1000 \u20ac de d\u00e9part. La vente lui rapporterait 2000\u20ac + 1300\u20ac- 1000\u20ac (de d\u00e9part) , soit 2300 \u20ac. <strong>Il serait largement b\u00e9n\u00e9ficiaire\u00a0: Il ferait plus que doubler sa mise. Et en 20 ans, il l&rsquo;aura quintupl\u00e9.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Quand nous imaginons que <strong>des soci\u00e9t\u00e9s ach\u00e8tes des centaines voir des milliers de parts<\/strong>, nous comprenons l&rsquo;int\u00e9r\u00eat de la privatisation pour ces priv\u00e9es.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span style=\"color: #993366;\">G \/ L&rsquo;int\u00e9r\u00eat de la population ou des Citoyens en g\u00e9n\u00e9ral\u00a0:<\/span><\/h2>\n<h3 style=\"text-align: justify;\" align=\"JUSTIFY\"><span style=\"color: #993366;\">Les Avantages de la Nationalisation\u00a0pour la population :<\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\"><strong>Dans le cadre d&rsquo;une entreprise d&rsquo;Etat distributrice d&rsquo;eau potable, la population de ce territoire b\u00e9n\u00e9ficie, en plus du service, d&rsquo;un revenu de 5 million d&rsquo;Euros minimum par an<\/strong>, revers\u00e9 dans le pot commun pour le b\u00e9n\u00e9fice de tous. Au bout de 20 ans, ce gain atteint 200 millions d&rsquo;Euros cumul\u00e9 pour un territoire de 25000 foyers. Soit 8000 \u20ac par foyer \u2026 ou de 200 \u00e0 500 \u20ac par an par foyer.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\"><strong>Cette manne financi\u00e8re est totalement cr\u00e9dible<\/strong> et devrait permettre \u00e0 l&rsquo;Etat de r\u00e9aliser tous les pr\u00eats n\u00e9cessaire aux investissements n\u00e9cessaire, en raison de l&rsquo;assurance de la distribution et donc vente d&rsquo;eau.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Les Inconv\u00e9nients\u00a0(pour les acteurs politiques) :<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\"><strong>La gestion<\/strong>\u00a0: du service, des investissements, des recouvrements, de la qualit\u00e9 des services \u2026<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">En effet, <strong>c&rsquo;est un travail qui doit \u00eatre g\u00e9rer au mieux pour l&rsquo;int\u00e9r\u00eat de la population<\/strong>, et le fait que ce soient une entreprises d&rsquo;Etat, n&rsquo;exclue et n&rsquo;excuse en rien un travail non fait ou mal fait, ce qui am\u00e8nerait une sanction politique possible \u2026<\/span><\/p>\n<h3><span style=\"color: #993366;\">Les Inconv\u00e9nient de la Privatisation pour la population\u00a0: <\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Nous comprenons maintenant ais\u00e9ment que <strong>la privatisation<\/strong>, dans ces cas de figure, <strong>prive la population de ce territoire, de 145 Millions d&rsquo;euros \u00e0 terme en 20 ans<\/strong> et m\u00eame d&rsquo;un minimum de revenu de 5 millions d&rsquo;Euros par an.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\"><strong>La valeur de l&rsquo;action<\/strong>\u00a0: Que l&rsquo;action baisse ou augmente, <strong>nous, population, somme perdant<\/strong>, car d\u00e9pendant de la ressource et non du cours de la bourse, qui ne nous impacte aucunement.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\"><strong>Les actionnaires<\/strong>, quelques soient leurs profils (modestes ou non), restent des \u00ab\u00a0Int\u00e9r\u00eats priv\u00e9s\u00a0\u00bb, tant qu&rsquo;ils ne sont pas l&rsquo;Etat. Ils <strong>privatisent le bien commun.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #993366;\">Cette fois ci, Nous comprenons que tous l&rsquo;argent g\u00e9n\u00e9r\u00e9 par cette privatisation est, comme son nom l&rsquo;indique, privatis\u00e9, et profite \u00e0 des Int\u00e9r\u00eats Priv\u00e9s. Puisque jamais, il ne retourne dans les caisses de l&rsquo;Etat. L&rsquo;Etat c&rsquo;est Nous, population\u00a0!<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span style=\"color: #993366;\">Conclusion\u00a0:<\/span><\/h2>\n<p style=\"text-align: justify;\"><strong>La population<\/strong>, quelques soient les artifices de communication utilis\u00e9s, <strong>est dans la r\u00e9alit\u00e9, totalement et indubitablement perdante lors d&rsquo;une privatisation d&rsquo;une mission r\u00e9galienne<\/strong>.<\/p>\n<p style=\"text-align: justify;\">N&rsquo;oublions pas, que de plus, nous sommes \u00e0 la merci de ces int\u00e9r\u00eats priv\u00e9s, qui, s&rsquo;ils sont gourmands, peuvent d\u00e9cider d&rsquo;augmenter leurs b\u00e9n\u00e9fices en augmentant le prix de l&rsquo;eau\u00a0!!! Tout simplement. Les r\u00e8gles du commerces Priv\u00e9s les y autorisent. Et qu&rsquo;ils ne baisseront jamais au dessous de leurs co\u00fbts de revient, qui int\u00e8gre leurs b\u00e9n\u00e9fices, contrairement \u00e0 l&rsquo;Etat, qui peut s&rsquo;en passer si le service est fourni.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A qui profite la PRIVATISATION des Missions R\u00e9galiennes de l&rsquo;Etat\u00a0? &nbsp; &nbsp; &nbsp; INTRODUCTION\u00a0: Nous allons essayer de comprendre, \u00e0 travers cette essai, la notion de Privatisation et de Nationalisation. Ce qui nous int\u00e9resse, dans cette op\u00e9ration de privatisation d&rsquo;une <a href=\"http:\/\/www.politikfrance.fr\/index.php\/privatisation\/\" class=\"read-more\">En savoir plus &#8230;<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-612","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"http:\/\/www.politikfrance.fr\/index.php\/wp-json\/wp\/v2\/pages\/612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.politikfrance.fr\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/www.politikfrance.fr\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/www.politikfrance.fr\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.politikfrance.fr\/index.php\/wp-json\/wp\/v2\/comments?post=612"}],"version-history":[{"count":6,"href":"http:\/\/www.politikfrance.fr\/index.php\/wp-json\/wp\/v2\/pages\/612\/revisions"}],"predecessor-version":[{"id":619,"href":"http:\/\/www.politikfrance.fr\/index.php\/wp-json\/wp\/v2\/pages\/612\/revisions\/619"}],"wp:attachment":[{"href":"http:\/\/www.politikfrance.fr\/index.php\/wp-json\/wp\/v2\/media?parent=612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}