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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 25. Contractual obligations and other commitments
25.1.
Contractual obligations and commercial commitments
(in millions of euros)
Note
Minimum future payments as of December 31, 2014
Total minimum future
payments as of
December 31, 2013
Total
Due in
2015 2016-2019 After 2019
Borrowings and other financial liabilities
2,623
363
2,229
31
13,967
Content liabilities
10.2
2,433
2,334
97
2
2,335
Consolidated statement of financial position items
5,056
2,697
2,326
33
16,302
Contractual content commitments
10.2
6,135
1,896
4,180
59
4,298
Commercial commitments
25.1.1
1,160
325
588
247
2,209
Operating leases and subleases
25.1.2
640
81
289
270
2,700
Items not recorded in the consolidated statement
of financial position
7,935
2,302
5,057
576
9,207
Contractual obligations and commercial commitments
12,991
4,999
7,383
609
25,509
25.1.1.
Off-balance sheet commercial commitments
(in millions of euros)
Minimum future payments as of December 31, 2014
Total minimum future
payments as of
December 31, 2013
Total
Due in
2015 2016-2019 After 2019
Satellite transponders
752
118
399
235
686
Investment commitments
85
55
30
-
1,078
Other
510
235
259
16
732
Given commitments
1,347
408
688
251
2,496
Satellite transponders
(187)
(83)
(100)
(4)
(159)
Other
-
-
-
-
(128)
Received commitments
(187)
(83)
(100)
(4)
(287)
Net total (a)
1,160
325
588
247
2,209
(a)
The decrease in off-balance sheet commercial commitments was mainly related to SFR sold on November 27, 2014, and GVT, whose sale by Vivendi
is underway (€939 million and €127 million, respectively, as of December 31, 2013).
25.1.2.
Off-balance sheet operating leases and subleases
(in millions of euros)
Minimum future leases as of December 31, 2014
Total minimum
future leases as of
December 31, 2013
Total
Due in
2015 2016-2019 After 2019
Buildings
652
84
298
270
2,695
Other
6
3
3
-
221
Leases
658
87
301
270
2,916
Buildings
(18)
(6)
(12)
-
(216)
Subleases
(18)
(6)
(12)
-
(216)
Net total (a)
640
81
289
270
2,700
(a)
The decrease in the amount of off-balance sheet operating leases and subleases was mainly related to SFR sold on November 27, 2014, and GVT,
whose sale by Vivendi is underway (€1,790 million and €451 million, respectively, as of December 31, 2013).
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