Amadeus IT Holding, S.A. and Subsidiaries - Investor relations at ...

AMADEUS IT HOLDING, S.A. AND SUBSIDIARIES
DIRECTORS’ REPORT FOR THE YEAR ENDED DECEMBER 31, 2011
Index
1. Summary.........................................................................................................................3
1.1 Introduction.........................................................................................................3
1.2 Key operating highlights .....................................................................................4
1.3 Key Ongoing R&D Projects ..............................................................................16
1.4 Presentation of financial information.................................................................17
1.5 Key operating and financial metrics..................................................................19
2. Consolidated financial statements ................................................................................20
2.1 Group income statement ..................................................................................20
2.2 Statement of financial position (condensed).....................................................26
2.3 Group cash flow – including Opodo...................................................................31
3. Segment reporting.........................................................................................................33
3.1 Distribution........................................................................................................33
3.2 IT Solutions.......................................................................................................37
3.3 Reconciliation with EBITDA ..............................................................................41
4. Other Financial Information...........................................................................................42
4.1 Adjusted profit for the period from continuing operations .................................42
4.2 Earnings per share from continuing operations (EPS)......................................42
5. Investor information.......................................................................................................43
5.1 Capital stock. Share ownership structure .........................................................43
5.2 Share price performance in 2011......................................................................44
5.3 Dividend payments ...........................................................................................44
6. Presentation of financial information .............................................................................45
7. Other Additional Information .........................................................................................47
7.1 Expected Business Evolution ...........................................................................47
7.2 Research and Development Activities ..............................................................48
7.3 Environmental Matters......................................................................................49
7.4 Treasury Shares ...............................................................................................50
7.5 Financial Risk ...................................................................................................50
7.6 Subsequent Events...........................................................................................53
8. Corporate Governance Information and other additional information ...........................54
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