2013-vinci-annual-report
2013-vinci-annual-report
2013-vinci-annual-report
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C. Information by operating segment<br />
Based on the Group’s organisational structure and internal <strong>report</strong>ing system, segment information is presented by business line.<br />
The Group consists of two core businesses (Concessions and Contracting), together with the property activities of VINCI Immobilier.<br />
The Concessions and Contracting businesses each consist of business lines:<br />
Concessions<br />
ˇˇVINCI Autoroutes: motorway concessions in France (ASF, Escota, Cofiroute and Arcour).<br />
ˇˇVINCI Concessions: VINCI Park, VINCI Airports, VINCI Stadium, other infrastructure and public facilities.<br />
226 VINCI <strong>2013</strong> ANNUAL REPORT<br />
Contracting<br />
ˇˇVINCI Energies: electrical works and engineering, information and communication technology, heating ventilation and air conditioning<br />
engineering, insulation and facilities management.<br />
ˇˇEurovia: building and maintenance of roads, motorways and railways, urban infrastructure, environmental work, production of materials,<br />
demolition, recycling and signage.<br />
ˇˇVINCI Construction: design and construction of buildings and civil engineering infrastructure, hydraulic works, foundations, soil treatment<br />
and specialised civil engineering.<br />
The VINCI Immobilier business line is included with the VINCI holding companies.<br />
1. Revenue<br />
1.1 Breakdown of revenue by business line<br />
(in € millions) <strong>2013</strong> 2012 Change<br />
Concessions 5,616 5,354 4.9%<br />
VINCI Autoroutes 4,596 4,439 3.5%<br />
VINCI Concessions 1,020 915 11.6%<br />
Contracting 34,636 33,090 4.7%<br />
VINCI Energies 9,248 9,017 2.6%<br />
Eurovia 8,613 8,747 -1.5%<br />
VINCI Construction 16,775 15,327 9.4%<br />
VINCI Immobilier 816 811 0.6%<br />
Intragroup eliminations (731) (622) 17.6%<br />
Revenue (*) 40,338 38,634 4.4%<br />
Concession subsidiaries’ revenue derived from works carried out by non-Group companies 403 550 -26.7%<br />
Total revenue 40,740 39,183 4.0%<br />
(*) Excluding concession subsidiaries’ revenue derived from works carried out by non-Group companies.<br />
1.2 Breakdown of revenue by geographical area<br />
(in € millions) <strong>2013</strong> % 2012 %<br />
France 25,111 62.3% 24,324 63.0%<br />
United Kingdom 2,578 6.4% 2,257 5.8%<br />
Germany 2,583 6.4% 2,374 6.1%<br />
Central and Eastern Europe (*) 1,779 4.4% 2,001 5.2%<br />
Benelux 1,640 4.1% 1,614 4.2%<br />
Other European countries 1,304 3.2% 1,101 2.8%<br />
Europe (**) 34,995 86.8% 33,672 87.2%<br />
of which European Union 34,204 84.8% 32,937 85.3%<br />
North America 1,272 3.2% 1,333 3.5%<br />
Latin America 548 1.4% 499 1.3%<br />
Africa 1,816 4.5% 1,695 4.4%<br />
Asia Pacific and the Middle East 1,706 4.2% 1,435 3.7%<br />
International excluding Europe 5,342 13.2% 4,962 12.8%<br />
Revenue (***) 40,338 100.0% 38,634 100.0%<br />
(*) Albania, Belarus, Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Macedonia, Moldova, Montenegro, Poland, Romania, Russia, Serbia, Slovakia,<br />
Slovenia and Ukraine.<br />
(**) Including the eurozone for €29,748 million in <strong>2013</strong> and €28,722 million in 2012.<br />
(***) Excluding concession subsidiaries’ revenue derived from works carried out by non-Group companies.<br />
Revenue arising outside France amounted to €15,226 million in <strong>2013</strong>, up 6.4% from 2012. It accounted for 37.7% of revenue excluding concession<br />
subsidiaries’ revenue derived from works carried out by non-Group companies (37% in 2012).