Economic
Indicators
1
1.1. Breakdown of Revenues 04 1.2. Investments in Content 05 1.3. Impact and Audience 051.1. Breakdown of Revenues
The economic indicators presented hereafter are extracted from the
Consolidated Financial Statements for the year-end December 31, 2014,
prepared in accordance with International Financial Reporting Standards
(IFRS). Therefore, 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.
2014
2013
10,089
10,252
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
04
Non-Financial Indicators Handbook 2014