180
Annual Report -
2013
-
Vivendi
Financial Report
| Statutory Auditors’ Report on the Consolidated Financial Statements | Consolidated
Financial Statements | Statutory Auditors’ Report on the Financial Statements | Statutory Financial Statements
4
SECTION 2 - Earnings analysis
2.1.
Consolidated Statement of Earnings and Adjusted Statement of Earnings
Consolidated statement of earnings
Adjusted statement of earnings
Year ended December 31,
Year ended December 31,
2013
2012
(a)
2013
2012
(a)
Revenues
22,135
22,577
22,135
22,577
Revenues
Cost of revenues
(12,988)
(12,672)
(12,988)
(12,672)
Cost of revenues
Margin from operations
9,147
9,905
9,147
9,905
Margin from operations
Selling, general and administrative expenses
excluding amortization of intangible assets
acquired through business combinations
(6,443)
(6,469)
(6,443)
(6,469)
Selling, general and administrative expenses
excluding amortization of intangible assets
acquired through business combinations
Restructuring charges and other operating
charges and income
(271)
(273)
(271)
(273)
Restructuring charges and other operating
charges and income
Amortization of intangible assets acquired
through business combinations
(462)
(436)
Impairment losses on intangible assets
acquired through business combinations
(2,437)
(760)
Reserve accrual related to the Liberty Media
Corporation litigation in the United States
-
(945)
Other income
88
19
Other charges
(57)
(236)
EBIT
(435)
805
2,433
3,163
EBITA
Income from equity affiliates
(33)
(38)
(33)
(38)
Income from equity affiliates
Interest
(528)
(544)
(528)
(544)
Interest
Income from investments
67
7
67
7
Income from investments
Other financial income
51
37
Other financial charges
(561)
(204)
Earnings from continuing operations
before provision for income taxes
(1,439)
63
1,939
2,588
Adjusted earnings from continuing operations
before provision for income taxes
Provision for income taxes
(417)
(604)
(282)
(766)
Provision for income taxes
Earnings from continuing operations
(1,856)
(541)
Earnings from discontinued operations
4,635
1,505
Earnings
2,779
964
1,657
1,822
Adjusted net income before non-
controlling interests
of which
of which
Earnings attributable to Vivendi SA
shareowners
1,967
179
1,540
1,705
Adjusted net income
Non-controlling interests
812
785
117
117
Non-controlling interests
Earnings attributable to Vivendi SA
shareowners per share – basic
(in euros)
1.48
0.14
1.16
1.31
Adjusted net income per share – basic
(in euros)
Earnings attributable to Vivendi SA
shareowners per share – diluted
(in euros)
1.47
0.14
1.15
1.31
Adjusted net income per share – diluted
(in euros)
In millions of euros, except per share amounts.
(a)
Data published with respect to fiscal year 2012 has been adjusted following the application of IFRS 5 and amended IAS 19 (please refer to the
preliminary comments above).
