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4
Financial Results of the Last Five Years
Financial Report | Statutory Auditors’ Report on the Consolidated Financial Statements | Consolidated
Financial Statements | Statutory Auditors’ Report on the Financial Statements |
Statutory Financial Statements
6. Financial Results of the Last Five Years
(in millions of euros)
2014
2013
2012
2011
2010
Share capital at the end of the year
Share capital
7,433.8
7,367.8
7,281.8
6,859.9
6,805.4
Number of shares outstanding
(a)
1,351,600,638 1,339,609,931 1,323,962,416 1,247,263,060 1,237,337,108
Potential number of shares created by
Exercise of stock subscription options
42,722,348
52,835,330
53,405,701
49,907,071
48,921,919
Grant of bonus shares or performance shares
(b)
0
(b)
663,050
(b)
696,700
2,960,562
1,826,639
Results of operations
Revenues
58.3
94.6
116.0
100.3
92.0
Earnings/(loss) before tax, depreciation, amortization
and provisions
(8,023.4)
512.7
734.4
(1,030.0)
(506.7)
Income tax expense/(credit)
(c)
(202.0)
(c)
(387.1)
(c)
(955.7)
(c)
(418.5)
(c)
(658.9)
Earnings/(loss) after tax, depreciation, amortization
and provisions
2,914.9
(4,857.6)
(6,045.0)
1,488.4
2,276.7
Earnings distributed
(g)
1,351.6
-
(f)
(d)
1,324.9
(d)
1,245.3
(d)
1,730.7
Per share data
(in euros)
Earnings/(loss) after tax but before depreciation,
amortization and provisions
(e)
(5.79)
0.67
1.28
(0.49)
0.12
Earnings/(loss) after tax, depreciation, amortization
and provisions
(e)
2.16
(3.63)
(4.57)
1.19
1.84
Dividend per share
(g)
1.00
-
(f)
(d)
1.00
(d)
1.00
(d)
1.40
Employees
Number of employees (annual average)
194
214
222
219
214
Payroll
58.1
36.8
41.3
35.7
36.4
Employee benefits (social security contributions,
social works, etc.)
20.4
18.6
18.4
16.0
16.2
(a)
Includes account movements up to December 31, 2014: issuance of (i) 727,118 shares in respect of Group Savings Plans (see (b) below);
and (ii) 11,263,589 shares following the exercise of stock subscription options by beneficiaries.
(b)
Grant of 50 bonus shares to each employee of the Group’s French entities on July 16, 2014.
(c)
This negative amount represents the income generated pursuant to the Consolidated Global Profit Tax System under Article 209
quinquies
of the
General Tax Code plus the tax saving recorded by the tax group headed by Vivendi.
(d)
Based on the number of shares entitled to dividends as of January 1, after deduction of treasury shares at the dividend payment date.
(e)
Based on the number of shares at year-end (see (a) above).
(f)
On June 30, 2014, Vivendi SA paid an ordinary distribution of €1 per share, from additional paid-in capital for an aggregate amount of €1,347.7 million
considered as a return of capital.
(g)
This dividend corresponds to the €1 euro per share that will be proposed at the General Shareholders’ Meeting to be held on April 17, 2015. It is
calculated based on the number of shares outstanding on December 31, 2014 and will be adjusted to reflect the actual number shares entitled to
the dividend on the ex-dividend date.
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Annual Report 2014