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Friday, February 19, 2016<br />

Depreciations and amortizations<br />

Year ended December 31,<br />

(in millions of euros) 2015 2014<br />

Capital expenditures, net (capex net) (a)<br />

Canal+ Group 181 190<br />

Universal Music Group 53 46<br />

Vivendi Village 7 7<br />

New Initiatives 4 -<br />

Corporate 1 -<br />

246 243<br />

Increase in tangible and intangible assets<br />

Canal+ Group 175 205<br />

Universal Music Group 53 47<br />

Vivendi Village 7 7<br />

New Initiatives 5 -<br />

Corporate 1 -<br />

241 259<br />

Depreciation of tangible assets<br />

Canal+ Group 163 170<br />

Universal Music Group 67 58<br />

Vivendi Village 2 3<br />

New Initiatives 2 -<br />

Corporate - 1<br />

234 232<br />

Amortization of intangible assets excluding those acquired through business combinations<br />

Canal+ Group 70 72<br />

Universal Music Group - -<br />

Vivendi Village - 3<br />

New Initiatives 1 -<br />

Corporate - -<br />

71 75<br />

Amortization of intangible assets acquired through business combinations<br />

Canal+ Group 8 8<br />

Universal Music Group 398 334<br />

Vivendi Village 2 2<br />

New Initiatives - -<br />

Corporate - -<br />

408 344<br />

Impairment losses on intangible assets acquired through business combinations<br />

Canal+ Group 1 -<br />

Universal Music Group 2 1<br />

Vivendi Village - 91<br />

New Initiatives - -<br />

Corporate - -<br />

3 92<br />

a. Relates to cash used for capital expenditures, net of proceeds from sales of property, plant and equipment, and intangible assets.<br />

Financial Report and Audited Consolidated Financial Statements for the year ended December 31, 2015 Vivendi /57

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