 |
 Vivendi’s Consolidated Statement of Earnings |
 Download the 2004 and 2005 Year Financial Summary (IFRS )
Download the 2002 to 2004 Year Financial Summary (French GAAP)
Download the 2002 to 2005 Year Financial Summary by Business Unit
|
|
| Year Ended December 31 - IFRS |
| (in millions of euros)
|
2005 |
2004 |
| Revenues |
19,484 |
17,883
|
| Cost of revenues |
(9,898) |
(9,100) |
| Margin from operations |
9,586 |
8,783 |
| Selling, general and administrative expenses
|
(5,807) |
(5,464) |
| Other operating expenses |
(33) |
(86) |
| Earnings from operations |
3,746 |
3,233 |
| Other income from ordinary activities |
75 |
89 |
| Other charges from ordinary activities |
(170) |
(25) |
| Income from equity affiliates |
326 |
221 |
| Earnings before interest and other financial
charges and income and provision for income taxes |
3,977 |
3,518 |
| Interest |
(218) |
(406) |
| Other financial charges and income |
619 |
1,226 |
| Interest and other financial charges and
income |
401 |
820 |
| Earnings from continuing operations before
provision for income taxes |
4,378 |
4,338 |
| Provision for income taxes |
(204) |
(292) |
| Earnings from continuing operations |
4,174 |
4,046 |
| Earnings from discontinued operations |
92 |
777 |
| Earnings |
4,266 |
4,823
|
| Attributable to : |
|
|
| Equity holders of the parent
|
3,154 |
3,767 |
| Minority interests |
1,112 |
1,056 |
|
Adjusted net income, attributable
to equity holders of the parent
|
2,078
|
1,338
| |
|
|
|
| Year Ended December 31 - French GAAP
|
| (in millions of euros)
|
2002 |
2003 |
_______2004______ |
| Revenues
|
58,150 |
25,482 |
21,428 |
| Cost of revenues |
(40,574) |
(15,268) |
(11,633) |
| Selling, general and administrative
expenses |
(12,937) |
(6,812) |
(6,201) |
| Other operating expenses, net |
(851) |
(93) |
(118) |
| Operating income |
3,788 |
3,309 |
3,476
|
| Financing expense |
(1,333) |
(698) |
(455) |
| Other financing expenses, net of
provisions |
(3,409) |
(509) |
(247) |
| Financing and other expenses,
net |
(4,742) |
(1,207) |
(702) |
Income (loss) before gain on
businesses sold,
net of provisions and other, income
taxes,
equity interest, goodwill amortization and
minority interests |
(954) |
2,102 |
2,774 |
| Gain on business sold, net of provisions
and other |
1,049 |
602 |
(140) |
| Income tax expense |
(2,556) |
408 |
(400) |
Income (loss) before equity
affiliates, goodwill
amortization and minority
interests |
(2,461) |
3,112 |
2,234 |
| Equity earnings of sold
subsidiaries |
17 |
1 |
- |
| Income (loss) from equity affiliates |
(294) |
71 |
219 |
| Veolia Environnement impairment |
- |
(203) |
- |
| Goodwill amortization |
(1,277) |
(1,120) |
(638) |
| Impairment losses |
(18,442) |
(1,792) |
(31) |
| Income (loss) before minority
interests |
(22,457) |
69 |
1,784 |
| Minority interests |
(844) |
(1,212) |
(1,030) |
|
Net income (loss) |
(23,301) |
(1,143) |
754 |
|
Basic Earnings per share |
(21.43) |
(1.07) |
0.70 |
| Weighted average commons
share outstanding (in millions) |
1,087.4 |
1,071.7 |
1,072.1 |
|
Adjusted net income
(loss) |
(514) |
349 |
1,380 |
|
|
|
|
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