Page 243 - 2012 Annual Report

243
VIVENDI l 2012 l Annual Report
FINANCIAL REPORT – CONSOLIDATED FINANCIAL STATEMENTS – STATUTORY AUDITORS’ REPORT ON THE
CONSOLIDATED FINANCIAL STATEMENTS – STATUTORY AUDITORS’ REPORT ON THE FINANCIAL STATEMENTS –
STATUTORY FINANCIAL STATEMENTS 4
4
III - CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2012
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Note 3 Segment data
(in millions of euros)
Year ended December 31, 2011
Activision
Blizzard
Universal
Music
Group SFR
Maroc
Telecom
Group GVT
Canal+
Group
Holding &
Corporate
Non-core
opera-
tions and
others
Elimina-
tions
Total
Vivendi
External revenues 3,432 4,188 12,170 2,701 1,446 4,840 - 36 - 28,813
Intersegment revenues - 9 13 38 - 17 - 5 (82) -
Revenues 3,432 4,197 12,183 2,739 1,446 4,857 - 41 (82) 28,813
Operating expenses excluding amortization and depreciation
as well as charges related to share-based compensation plans (2,185) (3,563) (8,360) (1,237) (842) (3,934) (95) (57) 82 (20,191)
Charges related to share-based compensation plans (73) (11) (23) (2) (3) (10) (6) (1) - (129)
EBITDA 1,174 623 3,800 1,500 601 913 (101) (17) - 8,493
Restructuring charges (19) (67) (12) - - - (2) - - (100)
Gains/(losses) on sales of tangible and intangible assets (3) - (2) - (2) (1) - - - (8)
Other non-recurring items - - 5 1 - - 4 (1) - 9
Depreciation of tangible assets (52) (49) (919) (318) (181) (141) (1) (1) - (1,662)
Amortization of intangible assets excluding those acquired
through business combinations (89) - (594) (94) (22) (70) - (3) - (872)
Adjusted earnings before interest and income taxes (EBITA) 1,011 507 2,278 1,089 396 701 (100) (22) - 5,860
Amortization of intangible assets acquired through business
combinations (53) (272) (67) (27) (59) (32) - - - (510)
Impairment losses on intangible assets acquired through
business combinations (4) (7) - - - (386) - - - (397)
Other income 1,385
Other charges (656)
Earnings before interest and income taxes (EBIT) 5,682
Income from equity affiliates (18)
Interest (481)
Income from investments 75
Other financial income 14
Other financial charges (167)
Provision for income taxes (1,378)
Earnings from discontinued operations -
Earnings 3,727
Of which
Earnings attributable to Vivendi SA shareowners 2,681
Non-controlling interests 1,046