Veolia Environnement : Main represented figures for the full year ended December 31, 2018
January 16, 2020 at 03:04 pm EST
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Main represented figures
for the full year ended
December 31, 2018
Main represented figures(1) for the year ended December 31, 2018
Non audited figures
Including the represented share of current net income of joint ventures and associates years ended December 31, 2018
In order to ensure the comparability of periods, the accounts ending December 31, 2018 have been represented for the reclassification of Lituania from discontinued operations to full consolidation in December 2018 represented.
VEOLIA - Main represented figures for the full year ended December 31, 2018
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Main represented figures for the full year ended December 31, 2018 (1) - Revenue by segment
Non audited figures
VEOLIA - Main represented figures for the full year ended December 31, 2018
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Main represented figures for the full year ended December 31, 2018 (1) - EBITDA by segment
Non audited figures
VEOLIA - Main represented figures for the full year ended December 31, 2018
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Main represented figures for the full year ended December 31, 2018 (1) - Current EBIT by segment
Non audited figures
VEOLIA - Main represented figures for the full year ended December 31, 2018
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Appendix: IFRS 16 - Leases
IFRS 16 / Lease
Implemented from 01/01/2019
Objective : provide an economic approach of all lease contracts (operating lease similar to financial lease) in financial statements of the lessee, and provide a better comparability whatever the financing option taken (acquisition or leasing)
Main leases are land and buildings, transport, equipment.
Implication for the Group
Full retrospective method : recalculation of the right of use and the financial debt as if IFRS16 had been implemented since the beginning of the contracts
Accounting treatment :
o Assets : Book an amortizable asset (=right of use). Liabilities : financial debt : present value of the discounted leases
P&L : amortization of the asset and interest charge recognition (decreasing)
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Higher EBITDA : elimination of the rental charge offset by D&A and interest expense
Increased D&A in current EBIT
Increased interest expense
Globally neutral in current net income
Higher capex
Recognition of a financial debt
Increased capital employed
VEOLIA - Main represented figures for the full year ended December 31, 2018
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Veolia Environnement SA published this content on 16 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 January 2020 20:03:01 UTC
Veolia Environnement is the world leader in environmental management services. Net sales break down by activity as follows:
- water-related services (42.2%; No. 1 worldwide): water resources management, drinking water distribution and delivery, wastewater collection, treatment and recovery, engineering, design, construction of water treatment facilities and customer relationship management, etc.;
- waste management services (36.5%; no. 1 worldwide): collection, treatment and recycling of liquid, solid, non-hazardous and hazardous waste, waste treatment and recovery through composting, energy recovery from waste, etc. Veolia Environnement also provides urban waste management services (maintenance and cleaning of public spaces, provision of mechanized street cleaning and façade treatment services), maintenance of industrial sites, and dismantling of industrial facilities and equipment at the end of their useful life;
- energy services (21.3%; No. 1 in Europe): delegated management of urban heating and air conditioning networks, management of thermal and multi-technique services (operation of heating systems, facility design, construction, and maintenance, etc.) and industrial services (industrial process analysis, production equipment operation, service, and maintenance), general management of buildings and public lighting.
Net sales are distributed geographically as follows: France (22.5%), Europe (41.6%), North America (7.9%), Asia (6%), Pacific (4.6%), Latin America (4%), Africa and Middle East (3.5%) and other (9.9%).