1、Registration DocumentAnnual Report 2011SUMMARY12345A CERTAIN PRELIMINARY INFORMATION ABOUT THIS ANNUAL REPORT 1THE AXA GROUP 31.1 Selected consolidated fi nancialdata 41.2 Information on the Company 71.3 Activity Report 321.4 Liquidity and capital resources 96CORPORATE GOVERNANCE 1032.1 Directors,se
2、nior management andemployees 1042.2 Full disclosure on executive compensation andshareownership 1222.3 Description of the Company s share repurchase program 1592.4 Major shareholders and related party transactions 1612.5 The offer and listing 170REGULATION,RISK FACTORS 171Certain disclosures about m
3、arket risk andrelatedmatters3.1 Regulation 1723.2 Risk factors 1853.3 Quantitative and qualitative disclosures about market risk andrisk factors 2053.4 Certain fi nancial information 226CONSOLIDATED FINANCIAL STATEMENTS/FULL YEAR 2011 2274.1 Consolidated statement of fi nancial position 2284.2 Conso
4、lidated statement of income 2314.3 Consolidated statement ofcomprehensive income 2324.4 Consolidated statement of changes in equity 2344.5 Consolidated statement ofcashfl ows 2384.6 Notes to the consolidated fi nancial statements 2404.7 Report of the Statutory Auditors 403CERTAIN ADDITIONAL INFORMAT
5、ION 4055.1 Charter 4065.2 Description of AXA sshare capital 410APPENDICES 411AppendixI Chairman of the Board ofDirectors report 412Appendix II Management s annual evaluation of internal control over fi nancial reporting 423AppendixIII Other legal information 426Appendix IV Statement oftheperson resp
6、onsible fortheAnnual Report 429AppendixV Financial authorizations 430Appendix VI AXA parent Company fi nancial statements 432Appendix VII Group Embedded Value 459Appendix VIII Shareholders Meeting April25,2012 464Appendix IX Social and environmental information 495Appendix X Board of Directors repor