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Selected key consolidated financial data
Financial Report | Statutory Auditors’ Report on the Consolidated Financial Statements | Consolidated
Financial Statements | Statutory Auditors’ Report on the Financial Statements | Statutory Financial Statements
Selected key consolidated financial data
Preliminary comments
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 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,
i.e., the date of their effective sale by Vivendi.
The adjustments to previously published data are reported in Appendix 2 to the Financial Report and in Note 31 to the Consolidated Financial
Statements for the year ended December 31, 2014. These adjustments were made to all periods as set out in the table of selected key consolidated
financial data below in respect of data from the Consolidated Statements of Earnings and Cash Flows.
Year ended December 31,
2014
2013
2012
2011
2010
Consolidated data
Revenues
10,089
10,252
9,597
9,064
9,152
EBIT
736
637
(1,131)
1,269
777
Earnings attributable to Vivendi SA shareowners
4,744
1,967
179
2,681
2,198
of which earnings from continuing operations attributable
to Vivendi SA shareowners
(290)
43
(1,565)
571
647
EBITA
(a)
999
955
1,074
1,086
1,002
Adjusted net income
(a)
626
454
318
270
514
Financial Net Debt/(Net Cash Position)
(a)
(4,637)
11,097
13,419
12,027
8,073
Total equity
22,988
19,030
21,291
22,070
28,173
of which Vivendi SA shareowners’ equity
22,606
17,457
18,325
19,447
24,058
Cash flow from operations, before capital expenditures, net (CFFO before capex, net)
1,086
1,139
1,139
1,205
1,251
Capital expenditures, net (capex, net)
(b)
(243)
(245)
(293)
(308)
(271)
Cash flow from operations (CFFO)
(a)
843
894
846
897
980
Cash flow from operations after interest and income tax paid (CFAIT)
421
503
772
826
370
Financial investments
(1,244)
(107)
(1,689)
(289)
(655)
Financial divestments
17,807
3,471
201
4,205
1,494
Dividends paid with respect to previous fiscal year
(c)
1,348
1,325
1,245
1,731
1,721
Per share data
Weighted average number of shares outstanding
1,345.8
1,330.6
1,298.9
1,281.4
1,273.8
Adjusted net income per share
0.46
0.34
0.24
0.21
0.40
Number of shares outstanding at the end of the period (excluding treasury shares)
1,351.6
1,339.6
1,322.5
1,287.4
1,278.7
Equity per share, attributable to Vivendi SA shareowners
16.73
13.03
13.86
15.11
18.81
Dividends per share paid with respect to previous fiscal year
(c)
1.00
1.00
1.00
1.40
1.40
In millions of euros, number of shares in millions, data per share in euros.
(a)
The non-GAAP measures of EBITA, Adjusted net income, Net Cash Position (or Financial Net Debt), and Cash flow from operations (CFFO) should be
considered in addition to, and not as a substitute for, other GAAP measures of operating and financial performance as presented in the Consolidated
Financial Statements and the related notes, or as described in this Financial Report, and Vivendi considers that they are relevant indicators of
the group’s operating and financial performance. Each of these indicators is defined in the appropriate section of this Financial Report or in its
Appendix. In addition, it should be noted that other companies may define and calculate these indicators differently from Vivendi, thereby affecting
comparability.
(b)
Relates to cash used for capital expenditures, net of proceeds from sales of property, plant and equipment, and intangible assets.
(c)
On June 30, 2014, Vivendi SA paid an ordinary €1 per share to its shareholders from the additional paid-in capital, considered as a return of capital
distribution to shareholders.
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