300
Annual Report -
2013
-
Vivendi
4
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. Consolidated Cash Flow Statement
25.2.
Investing and financing activities with no cash impact
Note 25.
Consolidated Cash FlowStatement
25.1.
Adjustments
(in millions of euros)
Note
Year ended December 31,
2013
2012
Items related to operating activities with no cash impact
Amortization and depreciation of intangible and tangible assets
4
5,106
3,275
Change in provision, net
(168)
10
Other non-cash items from EBIT
(2)
-
Other
Reserve accrual related to the Liberty Media Corporation litigation in the United States
28
-
945
Other income from EBIT
4
(88)
(19)
Other charges from EBIT
4
57
236
Proceeds from sales of property, plant, equipment and intangible assets
3
6
9
Adjustments
4,911
4,456
In 2013, there was no significant investing or financing activity with no
cash impact.
In 2012, investing and financing activities with no cash impact amounted
to €596 million (of which €336 million due to the share capital increase
(including premium) and €260 million due to the group’s retained
earnings increase) and were mainly related to:
the grant of bonus shares to Vivendi SA shareowners by a
€229 million withdrawal from additional paid-in capital (please refer
to Note 19);
Vivendi SA’s share capital increase of 22,356 thousand shares,
which it paid in consideration for the contribution made by
Bolloré Media, (the free-to-air channels Direct 8 and Direct Star),
representing an enterprise value of €336 million; and
the strategic partnership in Poland, finalized on November 30, 2012.
This transaction generated an increase in consolidated retained
earnings from equity of €260 million (€114 million related to the gain
on the dilution of Cyfra+ and €131 million related to the recognition
of ITI Neovision’s non-controlling interests at fair value).
