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Group Profile
| Businesses | Litigation | Risk Factors
Key Figures
1.2. Key Figures
In compliance with IFRS 5, GVT (as from the third quarter of 2014),
SFR (as from the first quarter of 2014) as well as Maroc Telecom group
and Activision Blizzard (as from the second quarter of 2013) have been
reported in Vivendi’s Consolidated Financial Statements as discontinued
operations. Vivendi deconsolidated SFR, Maroc Telecom group and
Activision Blizzard as from November 27, 2014, May 14, 2014, and
October 11, 2013, respectively.
In practice, income and charges from these four businesses have been
reported as follows:
p
p
their contribution until the effective divestiture, if any, to each line of
Vivendi’s Consolidated Statement of Earnings (before non-controlling
interests) has been reported on the line “Earnings from discontinued
operations”;
p
p
in accordance with IFRS 5, these adjustments have been applied to
all periods presented to ensure consistency of information; and
p
p
their share of net income has been excluded from Vivendi’s adjusted
net income.
Income from operations, EBITA and adjusted net income, non-GAAP
measures, should be considered in addition to, and not as a substitute
for, other GAAP measures of operating and financial performance, as
presented in the Consolidated Financial Statements and the related notes
or as described in the Financial Report, and Vivendi considers that they
are relevant indicators in assessing the group’s operating and financial
performance.
Vivendi Management uses income from operations, EBITA and adjusted
net income for reporting, management, and planning purposes because
they better illustrate the underlying performance of continuing operations
by excluding most non-recurring and non-operating items. Each of these
indicators are defined in Chapter 4 of the Financial Report, Section 4 or
in the Notes to the Consolidated Financial Statements for the year ended
December 31, 2014.
2014
2013
10,089
10,252
2014
2013
10,089
10,252
0
2014
2013
1,108
1,131
Revenues by business segment
December 31 – in millions of euros
2014
2013
Canal+ Group
5,456 5,311
Universal Music Group 4,557 4,886
Vivendi Village
96
71
Elimination of intersegment
transactions
(20)
(16)
Total
10,089 10,252
Revenues by geographic region
December 31 – in millions of euros
2014
2013
France
4,482 4,491
Rest of Europe
2,505 2,462
USA
1,748 1,883
Rest of the world
1,354 1,416
Total
10,089 10,252
Income from operations
by business segment
December 31 – in millions of euros
2014
2013
Canal+ Group
618
660
Universal Music Group
606
636
Vivendi Village
(34)
(78)
Corporate
(82)
(87)
Total
1,108 1,131
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Annual Report 2014