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2012 FINANCIAL STATEMENTS AND RELATED NOTES6. 2012 financial statements and related notes6.1. Consolidated financial statements at 31 December 20121. Consolidated statement of financial positionASSETS(€ millions) Note n° 31/12/2012 31/12/2011Goodwill 15 66.8 74.8Audiovisual rights 14 47.9 65.7Other intangible assets 14 67.7 55.0INTANGIBLE ASSETS 182.3 195.5Land 16 19.3 18.6Buildings 16 91.5 84.3Other property, facilities and equipment 16 24.9 25.0PROPERTY, FACILITIES AND EQUIPMENT 135.6 127.9Financial assets available for sale 17 4.5 23.6Other non-current financial assets 18 22.4 2.7Investments in associates 20 0.2 0.2FINANCIAL ASSETS 27.1 26.5Deferred tax assets 11 20.5 29.5TOTAL NON-CURRENT ASSETS 365.6 379.4Broadcasting rights inventory 21 168.2 165.5Other inventories 21 23.9 29.3Trade receivables 22.1 271.0 292.7Current tax 13.8 8.2Derivative financial instruments 22.3 - 0.9Other current financial assets 18 1.7 0.9Cash and cash equivalents 23 315.6 328.6Other current assets 22.1 166.1 169.8TOTAL CURRENT ASSETS 960.4 995.8TOTAL ASSETS 1,325.9 1,375.2EQUITY AND LIABILITIES(€ millions) Note n° 31/12/2012 31/12/2011Share capital 50.4 50.6Share premium - -Treasury shares (8.8) (1.6)Consolidated reserves 507.5 485.3Other reserves (1.6) 9.9Net profit for the year (Group share) 140.2 149.6GROUP EQUITY 687.6 693.7Non-controlling interests 0.2 0.1SHAREHOLDERS' EQUITY 24 687.8 693.8Provisions for liabilities and charges 27 and 28 7.4 8.5Financial debt 25 1.7 1.4Other financial liabilities 26 - 3.4Liabilities relating to non-current assets 1.8 1.4Other liabilities 0.7 -Deferred tax liabilities 11 - 4.0TOTAL NON-CURRENT LIABILITIES 11.7 18.8Provisions for liabilities and charges 28 88.2 100.6Financial debt 25 0.5 1.5Derivative financial instruments 22.3 0.2 -Other financial liabilities 26 3.6 6.3Trade payables 373.8 341.1Other operating liabilities 59.5 95.7Current tax 0.8 0.3Tax and social security payable 89.4 101.0Liabilities relating to non-current assets 10.4 16.2TOTAL CURRENT LIABILITIES 626.4 662.6TOTAL EQUITY AND LIABILITIES 1,325.9 1,375.2152 - M6 GROUP - 2012 REGISTRATION DOCUMENT
2012 FINANCIAL STATEMENTS AND RELATED NOTES2. Consolidated statement of comprehensive income(€ millions) Note n° 31/12/2012 31/12/2011CONSOLIDATED STATEMENT OF PROFIT AND LOSSRevenue 1,386.6 1,421.3Other operating revenues 8.1 7.8 16.4Total operating revenues 1,394.4 1,437.7Materials and other service purchases * 8.2 (750.9) (791.7)Personnel costs (including profit sharing plan contributions) 8.4 (252.9) (249.4)Taxes and duties (61.2) (61.7)Net depreciation/amortisation/provision charges * 8.3 (112.3) (90.9)Impairment of unamortised intangible assets 8.3 / 15 (11.2) (2.5)Total operating expenses (1,188.4) (1,196.1)Capital gains on disposals of non-current assets - -Operating profit 206.0 241.6Income generated by cash balances 5.7 5.1Cost of debt (0.4) (1.0)Revaluation of derivative financial instruments (0.3) (0.7)Proceeds from the disposal of financial assets available for sale 17 20.2 -Other financial expenses (0.9) (0.4)Net financial income 10 24.4 3.0Share of profit of associates - (0.1)Profit before tax 230.4 244.6Income tax 11 (90.2) (94.9)Net profit of continuing operations 140.2 149.7Net profit/(loss) from discontinued operations - -Net profit for the year 140.2 149.7attributable to equity owners of the parent 140.2 149.6attributable to non-controlling interests 0.0 0.1Earnings per share - basic (€) - Group share 12 1.115 1.170Earnings per share from continuing operations - basic (€) - Group share 1.115 1.170Earnings per share - diluted (€) - Group share 12 1.111 1.167Earnings per share from continuing operations - diluted (€) - Group share 1.111 1.167COMPREHENSIVE INCOMEConsolidated net profit 140.2 149.7Other items of comprehensive income transferrable to the income statement:Change in value of derivative instruments 4.9 (2.4)Change in value of assets available for sale 17 (16.8) 20.0Change in value of translation adjustment (0.8) (0.4)Tax on transferrable items 11 1.2 (3.2)Other items of comprehensive income non-transferrable to the income statement:Actuarial gains and losses 2.0 0.2Tax on non-transferrable items 11 (0.7) (0.1)Other items of comprehensive income (10.2) 14.2Comprehensive income for the year 130.0 163.9attributable to equity owners of the parent 130.0 163.8attributable to non-controlling interests 0.0 0.1* Compared to the published financial statements, €2.8 million of provision reversals was reclassified at 31 December 2011 from “Net depreciation/amortisation/provisioncharges” to “Materials and other service purchases”, in order to bring broadcasting rights provision charges and reversals and their consumption together under the sameaggregate.M6 GROUP - 2012 REGISTRATION DOCUMENT - 153
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DisclaimerThis report is an English
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M6 GROUP PRESENTATION1. M6 Group pr
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COMBINED GENERAL MEETING OF 13 MAY
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