This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Vivendi Announces First Quarter 2011

(*) The reconciliation of EBIT to EBITA is presented in the Appendix IV.

APPENDIX IV VIVENDI RECONCILIATION OF EBIT TO EBITA AND OF EARNINGS, ATTRIBUTABLE TO VIVENDI SHAREOWNERS TO ADJUSTED NET INCOME (IFRS, unaudited)

 

Vivendi considers EBITA and Adjusted net income, non-GAAP measures, as relevant indicatorsof the Group’s operating and financial performance. Vivendi’s Management uses EBITA andAdjusted net income to manage the Group as they provide a better illustration of theperformance from continuing operations by excluding most non-recurring and non-operatingitems.

 
(in millions of euros)

1st Quarter 2011

 

1st Quarter 2010

         
 
EBIT (*) 1,582 1,456
Adjustments

Amortization of intangible assets acquired throughbusiness combinations (*)

123 134

Impairment losses of intangible assets acquired throughbusiness combinations (*)

- -
EBITA 1,705 1,590

   
(in millions of euros)

1st Quarter 2011

1st Quarter 2010

           
 
Earnings attributable to Vivendi SA shareowners (*) 1,734 598
Adjustments

Amortization of intangible assets acquired through businesscombinations (*)

123 134

Impairment losses of intangible assets acquired throughbusiness combinations (*)

- -
Other financial charges and income (*) (808 ) 69

Change in deferred tax asset related to the Consolidated GlobalProfit Tax System

(56 ) (20 )
Non-recurring items related to provision for income taxes 9 31
Provision for income taxes on adjustments (46 ) (48 )
Non-controlling interests on adjustments (6 ) (28 )
Adjusted net income 950   736  

(*) As reported in the Consolidated Statement of Earnings.

9 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs