Key figures and simplified organization chart

Simplified organization chart

Percentage of voting interest held by Vivendi as of December 31, 2013

(1) On  November 5, 2013, Vivendi acquired Lagardère Group’s 20% interest in Canal+ France. For more information on this transaction, please refer to Chapter 4 of the Financial Report, Section 1.1.4.
(2) Listed company.
(3) Discontinued operation. For more information, please refer to Chapter 4 of the Financial Report, Section 1.1.3.

Key figures

 

Full Year 2012

Full Year 2011

Full Year 2010

Full Year 2009

Full Year 2008

   
                   

Consolidated data

 
 

Revenues (a)

 28,994

 28,813

 28,878

 27,132

 25,392

EBITA (a) (b)

 5,283

 5,860

 5,726

5,390

 4,953

Earnings attributable to Vivendi SA shareowners

164

 2,681

2,198

 830

 2,603

Adjusted net income (b)

 2,550

 2,952

 2,698

 2,585

 2,735

 

Financial Net Debt (b) (c)

13,419

 12,027

8,073

9,566

 8,349

Total equity (d)

 21,436

  22,070

  28,173

 25,988

 26,626

     of which Vivendi SA shareowners’ equity (d)

 18,465

 19,447

24,058

 22,017

 22,515

 

Cash flow from operations, before capital expenditures, net (CFFO before capex, net)

 7,872

 8,034

  8,569

 7,799

7,056

Capital expenditures, net (capex, net) (e)

 (4,490)

(3,340)

 (3,357)

 (2,562)

  (2,001)

Cash flow from operations (CFFO) (b)

3,382

 4,694

  5,212

  5,237

 5,055

Financial investments

 (1,795)

(636)

 (1,397)

 (3,050)

(3,947)

Financial divestments

 239

 

 4,701

 1,982

 97

  352

   

Dividends paid with respect to previous fiscal year

 

 1,245

 

  1,731

1,721

 

 1,639

(f)

 1,515

     
                     

Per share amounts

 
 

Weighted average number of shares outstanding (g)

 

1,298.9

 

 1,281.4

 1,273.8

 1,244.7

 1,208.6

Adjusted net income per share (g)

 

1.96

 

 2.30

 

 2.12

 

 2.08

 

 2.26

       

Number of shares outstanding at the end of the period (excluding treasury shares) (g)

 

1,322.5

 

 1,287.4

 1,278.7

 1,270.3

 

 1,211.6

Equity per share, attributable to Vivendi SA shareowners (g)

 

13.96

 

 15.11

 18.81

 17.33

 18.58

       

Dividends per share paid with respect to previous fiscal year

 

1.00

 

 1.40

 

 1.40

 

 1.40

 

 1.30

                     

In millions of euros, number of shares in millions, data per share in euros.

(a) An analysis of revenues and EBITA by operating segment is presented in Section 4.1 of the Financial Report and in Note 3 to the Consolidated Financial Statements for the year ended December 31, 2012.

(b) Vivendi considers that the non-GAAP measures of EBITA, Adjusted net income, Financial Net Debt, and cash flow from operations (CFFO) are relevant indicators of the group’s operating and financial performance. Each of these indicators is defined in the appropriate section of the Financial Report or in its Appendix. These indicators should be considered in addition to, and not as a substitute for, other GAAP measures of operating and financial performance as disclosed in the Consolidated Financial Statements and the related notes, or as described in the Financial Report. It should be noted that other companies may define and calculate these indicators differently from Vivendi thereby affecting comparability.

(c) As of December 31, 2009, Vivendi revised its definition of Financial Net Debt to include certain cash management financial assets whose features do not strictly comply with the definition of cash equivalents as defined by IAS 7 and the AMF’s position n°2011-13 (in particular, these financial assets may have a maturity of up to 12 months). Considering that no investment in such assets was made prior to 2009, the retroactive application of this change in presentation would have no impact on Financial Net Debt for the relevant periods and the information presented in respect of the 2008 fiscal year is therefore consistent.

(d) With effect from January 1, 2009, Vivendi voluntarily opted for early application of the revised IFRS 3 (Business Combinations) and IAS 27 (Consolidated and Separate Financial Statements). As a result, certain reclassifications have been made to the 2008 consolidated statement of changes in equity to conform to the 2009 financial statements presentation, as prescribed by revised IAS 27.

(e) Relates to cash used for capital expenditures, net of proceeds from sales of property, plant and equipment, and intangible assets.

(f) The dividend distribution with respect to fiscal year 2008 totaled €1,639 million, of which €904 million was paid in Vivendi shares (which had no impact on cash) and €735 million was paid in cash.

(g) The number of shares, adjusted net income per share, and the equity per share, attributable to Vivendi SA shareowners have been adjusted for all periods previously published in order to reflect the dilution arising from the grant to each shareowner on May 9, 2012 of one bonus share for each 30 shares held, in accordance with IAS 33 – Earnings Per Share.