320
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 32. Subsequent events
Note 32.
Subsequent events
The main events that occurred between December 31, 2013 and
February 19, 2014, the date of the Management Board Meeting that
approved the financial statements for fiscal year 2013 are as follows:
on January 14, 2014: Canal+ Group won the exclusive broadcasting
rights to the national French Rugby Championship “TOP 14” for five
seasons (2014-2015 to 2018-2019). These rights relate to all of the
TOP 14 matches, across all media and all territories;
on January 31, 2014, SFR and Bouygues Telecom entered into
a strategic agreement to share a portion of their mobile access
networks; and
on February 13, 2014, Vivendi entered into exclusive negotiations
with Belgacom to acquire 100% of its subsidiary Telindus France
Group, a leader on the French markets of telecommunication
integration and networks. Once signed, the transaction will be
submitted to the French competition authority approval.
Note 33.
Adjustment of comparative information
As from the second quarter of 2013, in compliance with IFRS 5,
Activision Blizzard and Maroc Telecom Group have been reported in
Vivendi’s Consolidated Statement of Earnings, Statement of Cash
Flows, and Statement of Financial Position as discontinued operations.
In practice, these two businesses have been reported as follows:
their contribution to each line of Vivendi’s Consolidated Statement
of Earnings (before non-controlling interests) has been grouped
under the line “Earnings from discontinued operations”, until their
effective sale. In accordance with IFRS 5, these adjustments have
been applied to all periods presented to ensure consistency of
information; and
their contribution to each line of Vivendi’s Consolidated Statement
of Cash Flows has been grouped under the line “Cash flows from
discontinued operations” until their effective sale. In accordance
with IFRS 5, these adjustments have been applied to all periods
presented to ensure consistency of information.
Moreover, data published with respect to fiscal year 2012 was adjusted
following the application of amended IAS 19, whose application is
mandatory in the European Union beginning on or after January 1, 2013
(please refer to Note 1).
As a result, the 2012 and first quarter of 2013 Financial Statements
were adjusted, as applicable.
33.1.
Adjustments made to the main aggregates of the Consolidated Statement of Earnings
(in millions of euros, except per share amounts)
2012
Threemonths
ended
March31,
Three months
ended
June 30,
Six months
ended
June 30,
Three months
ended
September 30,
Earnings before interest and income taxes (EBIT) (as previously published)
1,493
1,082
2,575
1,259
Reclassifications related to the application of IFRS 5 for Activision Blizzard
-393
-175
-568
-182
Reclassifications related to the application of IFRS 5 for Maroc Telecom Group
-266
-183
-449
-261
Adjustments related to the application of amended IAS 19
Selling, general and administrative expenses
+2
+2
+4
+2
Earnings before interest and income taxes (EBIT) (restated)
836
726
1,562
818
Earnings attributable to Vivendi SA shareowners (as previously published)
697
463
1,160
491
Adjustments related to the application of amended IAS 19
Selling, general and administrative expenses
+2
+2
+4
+2
Other financial charges
-
+1
+1
-
Provision for income taxes
-
-
-
-
Earnings attributable to Vivendi SA shareowners (restated)
699
466
1,165
493
Earnings attributable to Vivendi SA shareowners per share (as previously published)
0.54
0.36
0.90
0.38
Earnings attributable to Vivendi SA shareowners per share (restated)
0.54
0.36
0.91
0.38
