2007 Annual report - Groupe M6

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financial accounts parent company financial statements II. INCOME STATEMENT € million NOTE N° 31/12/07 31/12/06 Advertising net turnover 4.1 688.1 664.4 Amortisation, depreciation & provision reversals 46.0 44.9 Other operating revenues 36.2 32.2 OPERATING REVENUES 770.4 741.5 Merchandise purchase 4.2 298.3 292.0 Merchandise inventory movement 4.2 (44.8) (28.0) Other purchases and external charges 4.3 160.4 157.2 Tax, duties 4.4 49.2 47.5 Payroll & employment benefits 57.5 54.4 Non current asset depreciation and amortisation 3.1/3.2 7.3 7.7 Non current asset investment write downs 3.1 1.0 1.3 Current assets provision charge 3.4/3.5 23.7 21.6 Provisions for liabilities and charges 19.9 20.0 Other expenses 4.5 37.8 33.9 OPERATING EXPENSES 610.3 607.6 OPERATING PROFIT 160.1 133.9 Investments financial income 73.2 55.5 Other interest and related financial income 3.3 6.7 Provision reversals & expense transfers 6.0 0.7 Foreign exchange gains 0.2 0.3 Net income from disposal of marketable securities - 0.3 FINANCIAL INCOME 82.7 63.5 Financial amortisation and provision charges 16.3 - Interest and related expenses 3.5 4.1 Foreign exchange losses 0.5 0.3 Net expenses of disposal of marketable securities 0.2 - FINANCIAL EXPENSES 20.5 4.4 NET FINANCE INCOME 4.6 62.2 59.1 PROFIT FROM ORDINARY ACTIVTIES BEFORE TAX 222.2 193.0 Exceptional income - investing & financing activities 3.5 2.8 Provision reversals & expense transfers 5.1 8.9 EXCEPTIONAL INCOME 8.6 11.7 Penalties 0.1 - Exceptional expenses - investing & financing activities 9.2 8.8 Provision reversals & expense transfers 2.4 4.9 EXCEPTIONAL EXPENSES 11.7 13.7 NET EXCEPTIONAL EXPENSES 4.7 (3.1) (2.0) Employee profit sharing plan contributions 3.3 2.8 Income tax 4.8/4.9 54.9 43.6 NET PROFIT 161.0 144.6 M6 GROUP - 2007 annual report 236
financial accounts parent company financial statements III. CASH FLOW STATEMENT € million 31/12/07 31/12/06 Financial year net profit 161.0 144.6 Depreciation, amortisation & provision charges 17.2 3.3 Gains & losses from non current assets disposal 3.2 (0.5) CASH FLOW FROM OPERATIONS 181.4 147.4 Movements in working capital requirements Inventories (46.4) (23.0) trade receivables (36.3) 144.7 Operating liabilities (19.0) 106.4 NET MOVEMENT IN WORKING CAPITAL REQUIREMENTS (101.7) 228.1 NET CASH FROM OPERATING ACTIVITIES 79.7 375.5 Investing activities Intangible assets acquisitions (3.5) (3.1) Property, facilities & equipment acquisitions (3.7) (3.8) Investment acquisitions (80.1) (272.8) Intangible assets and property, facilities & equipment disposals 0.3 0.9 Investments disposals / writedowns 48.0 3.3 NET CASH USED IN INVESTING ACTIVITIES (39.1) (275.5) Financing activities Share capital increase 0.1 - Other equity increase (45.2) - Dividends paid (125.0) (125.0) NET CASH USED IN FINANCING ACTIVITIES (170.1) (125.0) NET CHANGE IN CASH AND CASH EQUIVALENTS (129.5) (25.0) Cash and cash equivalents - start of year 177.5 202.5 CASH AND CASH EQUIVALENTS - END OF YEAR 48.0 177.5 M6 GROUP - 2007 annual report 237
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M6 GROUP - 2007 annual report
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Disclaimer This report is an Englis
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M6 GROUP - 2007 annual report
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management report 1. M6 Group prese
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MANAGEMENT REPORT 1. 1.1 M6 Group p
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MANAGEMENT REPORT 1.2 Changes in Gr
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MANAGEMENT REPORT 1.4 M6 Group oper
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MANAGEMENT REPORT communicating on
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MANAGEMENT REPORT as well as Zone i
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MANAGEMENT REPORT Lastly, the so-ca
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MANAGEMENT REPORT A generalist chan
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MANAGEMENT REPORT 3. Games: publish
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MANAGEMENT REPORT • The design of
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MANAGEMENT REPORT Other diversifica
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MANAGEMENT REPORT 2. Summarised 200
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MANAGEMENT REPORT 2.1 M6 TV Channel
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MANAGEMENT REPORT M6 Group is commi
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MANAGEMENT REPORT 2.3 Diversificati
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MANAGEMENT REPORT originating or ad
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MANAGEMENT REPORT Even before their
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MANAGEMENT REPORT 3. Financial stru
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MANAGEMENT REPORT Cash flows applie
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MANAGEMENT REPORT 5. Investment pol
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MANAGEMENT REPORT 6. Off-balance sh
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MANAGEMENT REPORT 7.3 Parent compan
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MANAGEMENT REPORT In view of the si
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MANAGEMENT REPORT 8. Significant po
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MANAGEMENT REPORT 9.2 Digital TV Wi
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MANAGEMENT REPORT 10. Compliance wi
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MANAGEMENT REPORT n Compared trends
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MANAGEMENT REPORT Date Traded Avera
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MANAGEMENT REPORT At 31 December 20
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MANAGEMENT REPORT In respect of the
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MANAGEMENT REPORT This programme wa
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MANAGEMENT REPORT Treasury shares a
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MANAGEMENT REPORT 12.8.2 10 leading
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MANAGEMENT REPORT 12.10 General inf
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MANAGEMENT REPORT 12.10.2 Potential
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MANAGEMENT REPORT 12.10.3 Acquisiti
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MANAGEMENT REPORT 13. Corporate gov
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MANAGEMENT REPORT In addition, the
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MANAGEMENT REPORT • Within the M6
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MANAGEMENT REPORT A. Current member
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MANAGEMENT REPORT various managemen
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MANAGEMENT REPORT Appointments and
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MANAGEMENT REPORT Gerhard Zeiler Nu
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MANAGEMENT REPORT Appointments and
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MANAGEMENT REPORT la Promotion de l
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MANAGEMENT REPORT 13.2.3 Committees
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MANAGEMENT REPORT 13.3 Board member
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MANAGEMENT REPORT In that respect,
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MANAGEMENT REPORT 13.3.5 Supervisor
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MANAGEMENT REPORT 14. Risk manageme
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MANAGEMENT REPORT The Group’s exp
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MANAGEMENT REPORT In addition, M6
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MANAGEMENT REPORT 14.4 Major operat
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MANAGEMENT REPORT The major insuran
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MANAGEMENT REPORT In addition, as f
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MANAGEMENT REPORT The Committee met
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MANAGEMENT REPORT The individual am
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MANAGEMENT REPORT or group-wide act
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MANAGEMENT REPORT - a procedure for
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MANAGEMENT REPORT e. Monitoring non
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MANAGEMENT REPORT • becoming fami
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MANAGEMENT REPORT 1.3- External lab
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MANAGEMENT REPORT 2- Employee savin
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MANAGEMENT REPORT - The common desi
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MANAGEMENT REPORT 3- Employment and
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MANAGEMENT REPORT 2- Risks arising
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MANAGEMENT REPORT 15.2.4 Promotion
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MANAGEMENT REPORT 15.3.2 New develo
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MANAGEMENT REPORT - a reduction in
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MANAGEMENT REPORT n Viewers M6 Grou
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MANAGEMENT REPORT 17. Statutory Aud
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MANAGEMENT REPORT Notices Notice of
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MANAGEMENT REPORT 19.3 19.3.1 Other
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M6 GROUP - 2007 annual report 152
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financial accounts A. CONSOLIDATED
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financial accounts consolidated fin
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financial accounts notes to the con
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Page 268 and 269: legal information 1. Company inform
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legal information The General Meeti
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legal information Eleventh resoluti
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legal information Twenty second res
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legal information 2.5.2. Presented
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legal information And from now on w
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legal information “The right to a
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legal information Persons responsib
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Cross reference index 10. CASH POSI
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Cross reference index Other documen
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METROPOLE TELEVISION A public limit
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