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Financial Report | Statutory Auditors’ Report on the Consolidated Financial Statements |
Consolidated
Financial Statements
| Statutory Auditors’ Report on the Financial Statements | Statutory Financial Statements
Note 3. Discontinued operations
2.2. Geographic information
Revenues are broken down by customer location.
(in millions of euros)
Year ended December 31,
2014
2013
Revenues
France
4,482
44%
4,491
44%
Rest of Europe
2,505
25%
2,462
24%
United States
1,748
17%
1,883
18%
Rest of the World
1,354
14%
1,416
14%
10,089
100%
10,252
100%
(in millions of euros)
December 31, 2014
December 31, 2013
Segment assets
France
11,774
52%
24,950
64%
Rest of Europe
2,519
11%
2,483
6%
United States
7,660
34%
6,549
17%
Brazil
31
0%
4,725
12%
Rest of the World
572
3%
432
1%
22,556
100%
39,139
100%
In 2014 and 2013, acquisitions of tangible and intangible assets were mainly realized in France by Canal+ Group.
Note 3.
Discontinued operations
In compliance with IFRS 5 –
Non-current Assets Held for Sale and
Discontinued Operations
, GVT, SFR, Maroc Telecom, and Activision
Blizzard have been reported in Vivendi’s Consolidated Financial
Statements as discontinued operations in accordance with the following
terms:
p
p
Ongoing sales as of December 31, 2014:
on September 18, 2014,
Vivendi and Telefonica entered into an agreement for the sale of GVT.
As a result, GVT has been reported in the Consolidated Statement of
Earnings and Statement of Cash Flows as a discontinued operation
as from the third quarter of 2014. Its contribution to each line
of Vivendi’s Consolidated Statement of Financial Position as of
December 31, 2014 has been grouped under the lines “Assets of
discontinued businesses” and “Liabilities associated with assets of
discontinued businesses”;
p
p
Completed sales as of December 31, 2014:
Vivendi
deconsolidated SFR, Maroc Telecom group and Activision Blizzard
as from November 27, 2014, May 14, 2014, and October 11,
2013, respectively. All three businesses have been reported in the
Consolidated Statement of Earnings and Statement of Cash Flows as
discontinued operations.
The adjustments to previously published data are presented in Note 31.
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