Page 255 - 2012 Annual Report

255
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 9 Goodwill
Changes in goodwill
(in millions of euros) December 31, 2011 Impairment losses
Business
combinations
Divestitures,
changes in foreign
currency translation
adjustments and other December 31, 2012
Activision Blizzard 2,309 - - (54) 2,255
Of which Activision 2,265 - - (53) 2,212
Blizzard 44 - - (1) 43
Universal Music Group 4,114 (a) (85) (b) 304 (195) 4,138
SFR 9,152 - 1 - 9,153
Maroc Telecom Group 2,413 - - (6) 2,407
Of which Maroc Telecom SA 1,795 - - (5) 1,790
subsidiaries 618 - - (1) 617
GVT 2,222 - - (216) 2,006
Canal+ Group 4,648 (665) 537 (7) 4,513
Of which Canal+ France 4,309 (665) - (9) 3,635
StudioCanal 192 - 14 1 207
D8/D17 - - (c) 310 - 310
nc+ 25 - (d) 213 (8) 230
Non-core operations and others 171 (1) 7 7 184
Total 25,029 (751) 849 (471) 24,656
(in millions of euros) December 31, 2010 Impairment losses
Business
combinations
Divestitures,
changes in foreign
currency translation
adjustments and other December 31, 2011
Activision Blizzard 2,257 (4) 2 54 2,309
Of which Activision 2,209 - 2 54 2,265
Blizzard 44 - - - 44
Distribution 4 (4) - - -
Universal Music Group 4,011 - 5 98 4,114
SFR 9,170 - - (18) 9,152
Maroc Telecom Group 2,409 - 1 3 2,413
Of which Maroc Telecom SA 1,792 - - 3 1,795
subsidiaries 617 - 1 - 618
GVT 2,423 - - (201) 2,222
Canal+ Group 4,992 (386) 42 - 4,648
Of which Canal+ France 4,689 (380) - - 4,309
StudioCanal 149 - 42 1 192
Non-core operations and others 83 - (e) 88 - 171
Total 25,345 (390) 138 (64) 25,029
(a) Relates to impairment losses related to certain music catalogs of Universal Music Group.
(b) Mainly relates to provisional goodwill attributable to the acquisition of EMI Recorded Music on September 28, 2012 (please refer to Note 2.1).
(c) Relates to provisional goodwill attributable to the acquisition of D8 and D17 on September 27, 2012 (please refer to Note 2.2).
(d) Relates to provisional goodwill attributable to the acquisition of “n”, which was finalized on November 30, 2012 (please refer to Note 2.3).
(e) Mainly related to goodwill attributable to the acquisition of See Tickets in August 2011.