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?? ??C? ??C?E C???E C?E? E????C C?????E? ?C?E C???C?E EI?? I??C??E ?I?IE ?? C????? ?E?E?? C????I ?? ????CE C?E?E ??E???? ??E? E????CE E?CE?C C?????? ????CI C??E? C??C??E ???C?E? ?C???C?UE ???? ?E?U??? E??? ??C??E EE?C?E ??E??ECE C???CE C???C??E
?E??? ??? C?I??C??E C??I?IE ???E C???C?E I?C? ??E? 2003-2004 ?IE ?OC??? ?????CE ?? ?IE?? ??C?CE C?E?CE C?E?C?? ?EE??? ??? C?????CE ?? C???CI?? C?EC??E:

1- ??IC? C?E????:
??C??E ??????ICE C?E? E??? E?C C???C?E ?? C???C?UE ??? C???C?? C?EC??I?E ?C???C?? C??E??E ????C??C ?? C?EI??? ?C?C?IEC? ?E??E ??IE?? C???C?? C?E? EE??? ????C? ??I ???E ??E? 2003-2004 E???? ?E???E ?II ??? ???C ??? ??E?? ?IE?? ??CE C?????E.

??- C??EC?? C?EC??I?E C?E? E? E?????C ?? E???E?C ?? ??? C???C?E ?? ?? ??C? O?C?E:

C?? C?????E	C????? C??U?C??	?E??E C?EII?	C?E???E	C?E????	??C?UCE
??EE C???IC?E ?C?E ???C? ?I??? ????? ECE C???? C????C?? E?? ??C? C??I??E C?E???C??E IC? ?I?? C??IC?? C???C??E EC??C?E ??ECE C??C??E C????C??E ??EE E???C? ??? C?EC??E IC? C?ECOC IC? C??C?? C??I??E C??????E ???C? ?I??E ??C ???C? ?I??E EC??IC?E ???C? ?I??E ???E ??? C???C?? IC? C?ECO?CE ?C??E C?O?I ?C? C?????? C???? C???C?? ?OC?? CE? E???E C???? C???C?? ?OC?? CE? ????	C??EC? ???C? ?I??? ????? ???C? ?I??? ????? ?C? ?C? ???C?CE ????C? ??CI?? ??C?O ??C?O ????? ??C ??C EC??IC?E ???E ???C? ???C? C???C?E C??EC? C??EC?	E???E E???? ?E???E E???? E???? E???? E???? E???? E???? E???? C?O?? C???? E???? E???? E???? E???? E???? E???? E???? E???? E???? E???? E????	83.145,00 4.327.026,00 91.260,00 272.160,00 1.500.000,00 1.150.970,00 3.668.474,40 5.038.000,00 3.944.457,00 908.764,68 1.462.289,40 1.003.268,40 1.946.493,00 1.697.123,70 996.840,00	?.?.?.E ?.?.?.E ?.?.?.E ????E ???C? E????? ?.?.?.E C????? C????? A?E ???E- ??C?E ???C?CE- ??E ?C???? E????C ???? ??E ECI?E ????C? ???C??E C?C?EE?C? ???C??E C?C?EE?C? ???C??E C?C?EE?C? C????? C?E?I? ?????? ?.?.?.E ???C??E C?C?EE?C? ???C??E C?C?EE?C? ?.?.?.E ???C??E C?C?EE?C? ?.?.?.E ??C?E C??EC? ??C?E C??EC?	?O??? C???E ?O??? C???E ?O??? C???E ?O??? C???E ?O??? C???E

E?- C??EC?? C?E? E? E?????C ?? E???E?C ?? ??? C???C?E

C?? C??E??	C????? C??U?C??	?E??E C?EII?	C?E???E	C?E????	??C?UCE
C??E?? C?????????? ?E?? C?I?? ?E?? ??I? ???I E? ?EI C??? ?E?? C???EE ?E?? E?? E??C??	C??EC? A??? C?????E ???E ???C?	E???E E???? E???E E???E E???E	147.641,00 992.524,00 300.000,00 342.028,80 200.000,00	?.?.?.E ?.?.?.E ?.?.?.E ?.?.?.E ?.?.?.E

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C?? C?????	C????? C??U?C??	?E??E C?EII?	??C?UCE
OC?E C???IC?E ????? ???? E?C?C ???? ???C	C??EC? C??EC? ???C? ?I??? ????? ????? ??I? ?C?? ???E	E???E C??I??E E???E C??I??E ??C?E ?E???E E???E E???E	EE?C?? ?? C????CE C???????E EE?C?? ?? ??? C????C? C????? A? ???I

II ??IC? ??I C?E?CE C?E?C??:

E???E ??E? 2003- 2004 EE???? ???C?CE ?C?E ?? ??C? ??I C?E?CE C?E?C?? ??E E? ???C? 5 ????CE ??I E?E E?IE?? ??C??? C?????E:
• ??I C?E?CE C?E?C?? E????? ?C?C ( ??C)
• ??I E?? C???C?? ?C???C?? C?EC??I?E EEC?E
• ??I C?E?CE C?E?C?? E????? ?C?C ( ?? C???? – E??C?E)
• ??I C?E?CE C?E?C?? E?C?- E???C? ????C? – EC???C?E E?I?? ??? C?????E ?? ??C? ?O??? DELTA

III ??IC? C?E?E?E ?C?E???I ?? ?ICI C?AEC?:

E?I? ????E C?E?E?E ?C?E???I ??? ??C? C???C?E C??C????E ????C?? C?EC??I?E ?C???C?? C??E??E? ?I ?? C?I???CE C???E??E. ???? C?????E ?U?E E????E IC?E ?? E??C?? ??? ??C?E C?E?C?E. ????E I??E ?C?E I?C? ??E? 2003-2004 ???E E? ??IC? ?????E ?? C???C??? ?C???C?CE EI? 52 ????E ?????C ????E ??? C????I C?????.

C?? C?????E ?? C?????	C????? C??U?C??	C???E
E?E?E C??IC?? C????EE E???I ???C Violetta E???I ???C Les tourelles E???I ???C EOC?? C?????E E???I ???C E???E C????? ???C? ?EI C??? E???I ???C Suissa E???I ??? C????? E???I C???? C??C?? E???I C???C?? C?E?I?E E???I ?I??E ??I?I E???I ????E " Sacré Cœur " E???I C?I???E C?????E E???I E?C?E C?E??I E???I ??? ??C?E C?IC? C?E??C? E???I ??? ??? C??IC?E E???I ??C?E C??O?? E???I C???? C?????? E???I ??? C?E?? C?E?C?? C??U?E? E???I E?C?E ?????E E ??C?E"Maret" E???I ?????E E ??C?E "Maroc Soir" E???I E?C?E ?????E E ??C?E"Assayag" E???I ??I? ????? E???I ??I? ????????? E?E?E ?I??E ???E ??C? E?E?E ?I??E E??I?? E?E?E ??? ????? ??E E? ?I? E?E?E C??C?E C??C???E ??C? E???C? E?E ???? ?E?E?E ?I??E C???C?E ??C? E???C? E?E ???? ?E?E?E Villa Welcome ??C? E???C? E?E ???? ?E?E?E ??C?E Telefsa E?E?E ?I??E C??E??E ??E? C???I E???I ??EO?? 20 UOE E???I O??E C?EEU E???I E?C?E Comptoir métallurgique E???I E??I C??E?? E???I C?IC??E C??????E E???I ?? E??E?? E???I EC???E I?CEE E?E E?C? E???I EC???E C?I?C???? E???I EC???E CE? E???E E???I ??ICI?E C?????C?? E???I C??I??E C??C???E E???I ?I??E C????? E???I E?C?E ??? C?EC?? « les studios » E???I ??C?E E???I ??I? " ??C?? ????E??" E???I EC???E ???I C?IC?? « Shell » E???I E?C?E E???I ??C?E E? I?C? E?E?E " ?I??E ?E?C??? C???IC??" E?E?E ??I? « Villa de France » E?E?E ?I??E ???? ??C? E???C? E?E ????? ??? E?E?E E?C?E Renchaussen ??C? E???C? E?E ????? ??? E?E?E ??I? Continental ??C? E???C? E?E ????? ??? E?E?E ??I? Cécil ??C? E???C? E?E ????? ??? E?E?E ??I? Excelsior ??C? E???C? E?E ????? ??? E?E?E C?E?C?E C??I??E : Estado Espagnol 14 ??C? E???C? E?E ????? ??? E?E?E C?E?C?E C??I??E :Kursaal Français ??C? E???C? E?E ????? ??? E?E?E ??I?Valencia	E???CI? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C??EC? C??EC? ???C?CE C??????E ???E ???E ???E ?E? C???I C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? C?IC? C?E??C? EC??IC?E ???E C??EC? ???E ???E ???E ???E ???E ???E ???E	2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004

??C ??? C????I C??C??? ??I E? E???? ?I??E C??I?IE E?CEC ?C???C ?? ??E 2004.

IV- ??IC? C??EC??:

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C??EC?? C?E? C?E?CIE ?? ????U?C??E ?I?IE:

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C??E?? C??E?? ?E?? C???IC?E ?E?? C???EE C??E?? C??E?? C??E?? C??E??U?C?? ?E?? ??I? ???I E? ?EI C???	C???C? C??EC? ???E E??C? E??C? C?????E	EE?C?? ?? C?????E C???I???E EE?C?? ?? C?????E C???I???E EE?C?? ?? C?????E C???I???E

??? ??C? E???? OE?E C??EC?? ?C?E C???C?E E??ICE ?EC?? ?I?IE ??C?E?CIE ?? II?CE ??? C?????CE C?E? EE??? ?? ?E?C? C?I????CE C?E?C??E ?C?EC??I?E.
C??EC?? C???IEE:
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V- C?EUC??CE C?E?C??E:

??? ?C?E C?C?E?C? EO?? C?E?CE ?U?E C???C?E I?C? ??E? 2003- 2004 ?IE ??C?? ??C? ICI? C??U?E ?? IC??? :

C?? C?????	C???C?	C??E?E	??C?UCE
C???? ?C???? ???? C?IOE ?? C?I?? ?? C???CE? ?? C???? ???? C???E ?E?E C???I?? C???? ?C????C? C????? C?E?CE? C??U?E? ?? C?IOE C??E???? C??I?? C???? ?C???? C??E?CE C?IOE?E ???ECE ???E C??U?E C???? C???E?E ?? ??C? « Le cas du sac »	C??EC? ??C?O ?C? ???C? E??C? C??EC? C??EC? C??EC? ???E?IC? – ????IC- C?E?????? – C????I- C???? ??? C???C?CE C???E?E C??E?IE ????C ????C	2002/2003 200/2003 2002/2003 2002/2003 2002/2003 2003 2003 2003 2004 2004 2004 2004 2004 2004 2004	???? E?CE? ???? E?CE? ???? E?CE? ???? E?CE? ???? E?CE? E??C?EE E?U?? C??EC? ?C??E E?C??E E??C?EE E?U?? C??EC? ?C??E E?C??E E??C?EE E?U?? C??EC? ?C??E E?C??E E???EE C????? C???E??C?E ????C?CE C?IE???C??E C??U?E?E C?????I?E. E??C?EE C???C? C?E?C??E C??U?E?E EC????