256
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
Note 8. Earnings per share
7.2.3.
Statement of Cash Flows
Maroc Telecom Group
(in millions of euros)
Year ended December 31,
2013
2012
Operating activities
Gross cash provided by operating activities before income tax paid
1,448
1,442
Net cash provided by Maroc Telecom Group’s operating activities
1,110
1,237
Investing activities
Capital expenditures, net
(434)
(457)
Other
5
6
Net cash provided by/(used for) Maroc Telecom Group’s investing activities
(429)
(451)
Financing activities
Dividends paid to non-controlling interests
(328)
(388)
Transactions on borrowings and other financial liabilities
(42)
119
Net cash provided by/(used for) Maroc Telecom Group’s financing activities excluding dividends paid
to Vivendi
(370)
(269)
Dividends paid to Vivendi
-
(490)
Net cash provided by/(used for) Maroc Telecom Group’s financing activities
(370)
(759)
Foreign currency translation adjustments
(1)
3
Change in Maroc Telecom Group’s cash and cash equivalents
310
30
Maroc Telecom Group’s cash and cash equivalents
At beginning of the period
86
56
At end of the period
(a)
396
86
(a)
Includes a €310 million dividend distribution with respect to 2012 fiscal year.
Note 8.
Earnings per share
Year ended December 31,
2013
2012
Basic
Diluted
Basic
Diluted
Earnings
(in millions of euros)
Earnings from continuing operations attributable to Vivendi SA shareowners
(1,964)
(1,964)
(654)
(654)
Earnings from discontinued operations attributable to Vivendi SA shareowners
3,931
(a)
3,928
833
(a)
830
Earnings attributable to Vivendi SA shareowners
1,967
(a)
1,964
179
(a)
176
Number of shares
(in millions)
Weighted average number of shares outstanding
(b)
1,330.6
1,330.6
1,298.9
1,298.9
Potential dilutive effects related to share-based compensation
(c)
-
4.7
-
3.5
Adjusted weighted average number of shares
1,330.6
1,335.3
1,298.9
1,302.4
Earnings per share
(in euros)
Earnings from continuing operations attributable to Vivendi SA shareowners per share
(1.47)
(1.47)
(0.50)
(0.50)
Earnings from discontinued operations attributable to Vivendi SA shareowners per share
2.95
2.94
0.64
0.64
Earnings attributable to Vivendi SA shareowners per share
1.48
1.47
0.14
0.14
(a)
Only includes the potential dilutive effect related to stock option plans and restricted stock rights of Activision Blizzard for a non-material amount.
(b)
Net of treasury shares (please refer to Note 19).
(c)
Does not include accretive instruments as of December 31, 2013 and December 31, 2012 which could potentially become dilutive. The balance of
common shares in connection with Vivendi SA’s share-based compensation plans is presented in Note 22.2.2.
