210
Annual Report -
2013
-
Vivendi
4
Financial Report | Statutory Auditors’ Report on the Consolidated Financial Statements |
Consolidated
Financial Statements
| Statutory Auditors’ Report on the Financial Statements | Statutory Financial Statements
Consolidated Statement of Earnings
Consolidated Statement of Earnings
Note
Year ended December 31,
2013
2012
(a)
Revenues
4
22,135
22,577
Cost of revenues
4
(12,988)
(12,672)
Selling, general and administrative expenses
(6,905)
(6,905)
Restructuring charges and other operating charges and income
(271)
(273)
Impairment losses on intangible assets acquired through business combinations
4
(2,437)
(760)
Reserve accrual related to the Liberty Media Corporation litigation in the United States
28
-
(945)
Other income
4
88
19
Other charges
4
(57)
(236)
Earnings before interest and income taxes (EBIT)
3
(435)
805
Income from equity affiliates
15
(33)
(38)
Interest
5
(528)
(544)
Income from investments
67
7
Other financial income
5
51
37
Other financial charges
5
(561)
(204)
Earnings from continuing operations before provision for income taxes
(1,439)
63
Provision for income taxes
6.2
(417)
(604)
Earnings from continuing operations
(1,856)
(541)
Earnings from discontinued operations
7
4,635
1,505
Earnings
2,779
964
of which
Earnings attributable to Vivendi SA shareowners
1,967
179
of which earnings from continuing operations attributable to Vivendi SA shareowners
(1,964)
(654)
earnings from discontinued operations attributable to Vivendi SA shareowners
3,931
833
Non-controlling interests
812
785
of which earnings from continuing operations
108
113
earnings from discontinued operations
704
672
Earnings from continuing operations attributable to Vivendi SA shareowners per share – basic
8
(1.47)
(0.50)
Earnings from continuing operations attributable to Vivendi SA shareowners per share – diluted
8
(1.47)
(0.50)
Earnings from discontinued operations attributable to Vivendi SA shareowners per share – basic
8
2.95
0.64
Earnings from discontinued operations attributable to Vivendi SA shareowners per share – diluted
8
2.94
0.64
Earnings attributable to Vivendi SA shareowners per share – basic
8
1.48
0.14
Earnings attributable to Vivendi SA shareowners per share – diluted
8
1.47
0.14
In millions of euros, except per share amounts, in euros.
(a)
As from the second quarter of 2013, in compliance with IFRS 5 -
Non-current Assets Held for Sale and Discontinued Operations
, Activision
Blizzard and Maroc Telecom Group have been reported in the Consolidated Statement of Earnings with respect to fiscal years 2013 and 2012 as
discontinued operations (please refer to Note 7). On October 11, 2013, Vivendi deconsolidated Activision Blizzard pursuant to the sale of 88%
of its interest.
In addition, data published with respect to fiscal year 2012 was adjusted following the impacts related to the application of amended IAS 19 -
Employee Benefits
, whose application is mandatory in the European Union as of January 1, 2013 (please refer to Note 1). These adjustments are
presented in Note 33.
The accompanying notes are an integral part of the Consolidated Financial Statements.
