Key figures and simplified organization chart
Simplified Economic Organization Chart of the Group
Percentage of controlling interest held by Vivendi as of March 23, 2018
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Selected key consolidated financial data
Vivendi made changes in the presentation of its Consolidated Statement of Earnings as from January 1, 2017. For a detailed description of these changes in presentation and the reconciliations to previously published financial data, please refer to Note 1.2.1 and Note 28 to the Consolidated Financial Statements for the year ended December 31, 2017, respectively.
In addition, Vivendi changed its definition of Financial Net Debt (or Net Cash Position) during the fourth quarter of 2017. For a reconciliation to previously published financial data, please refer to Note 28 to the Consolidated Financial Statements for the year ended December 31, 2017.
Vivendi deconsolidated GVT, SFR, Maroc Telecom group and Activision Blizzard as from May 28, 2015, November 27, 2014, May 14, 2014, and October 11, 2013, respectively, i.e., the date of their effective sale by Vivendi. In compliance with IFRS 5, these businesses have been reported as discontinued operations for the relevant periods as set out in the table of selected key consolidated financial data below in respect of data reflected in the Consolidated Statement of Earnings and Consolidated Statement of Cash flows.
|Year ended December 31,|
|Income from operations (a)||
|Adjusted earnings before interest and income taxes (EBITA) (a)||
|Earnings before interest and income taxes (EBIT)||
|Earnings attributable to Vivendi SA shareowners||
|of which earnings from continuing operations attributable to Vivendi SA shareowners||1,228||1,236||699||(290)||43|
|Adjusted net income (a)||
|Financial Net Debt/(Net Cash Position) (a)||
|of which Vivendi SA shareowners’ equity||
|Cash flow from operations (CFFO) (a)||
Cash flow from operations after interest and income tax paid (CFAIT) (a)
|Dividends paid by Vivendi SA to its shareholders||
|(b) 2,588||(c) 2,727||(d) 1,348||1,325|
|Purchases/(sales) of Vivendi SA’s treasury shares||
|Per share data|
|Weighted average number of shares outstanding||
|Earnings attributable to Vivendi SA shareowners per share – basic||
|Adjusted net income per share||
|Number of shares outstanding at the end of the period (excluding treasury shares)||
|Equity per share, attributable to Vivendi SA shareowners||
|Dividends per share paid||
|(b) 2.00||(c) 2.00||(d) 1.00||1.00|
In millions of euros, number of shares in millions, data per share in euros.
na: not applicable.
(a) The non-GAAP measures of Income from operations, EBITA, Adjusted net income, Net Cash Position (or Financial Net Debt), Cash flow from operations (CFFO) and Cash flow from operations after interest and income tax paid (CFAIT) 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. Vivendi considers these to be relevant indicators of the group’s operating and financial performance. Each of these indicators is defined in the appropriate section of this Financial Report. In addition, it should be noted that other companies may have definitions and calculations for these indicators that differ from those used by Vivendi, thereby affecting comparability.
(b) On April 21, 2016, Vivendi’s General Shareholders’ Meeting approved the payment of an ordinary dividend of €3 per share with respect to fiscal year 2015, i.e., an aggregate dividend payment of €3,951 million. This amount included €2,588 million paid in 2016: €1,318 million for the second interim dividend of €1 per share, paid on February 3, 2016, and €1,270 million representing the balance of €1 per share, paid on April 28, 2016.
(c) In 2015, Vivendi paid the dividend with respect to fiscal year 2014 (€1 per share, i.e., €1,363 million) and a first interim dividend with respect to fiscal year 2015 (€1 per share, i.e., €1,364 million).
(d) On June 30, 2014, Vivendi SA paid an ordinary dividend of €1 per share to its shareholders from additional paid-in capital, treated as a return of capital distribution to shareholders.