Main represented figures

for the full year ended

December 31, 2018

Main represented figures(1) for the year ended December 31, 2018

  1. Non audited figures
  2. Including the represented share of current net income of joint ventures and associates years ended December 31, 2018
  3. 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

2

Main represented figures for the full year ended December 31, 2018 (1) - Revenue by segment

  1. Non audited figures

VEOLIA - Main represented figures for the full year ended December 31, 2018

3

Main represented figures for the full year ended December 31, 2018 (1) - EBITDA by segment

  1. Non audited figures

VEOLIA - Main represented figures for the full year ended December 31, 2018

4

Main represented figures for the full year ended December 31, 2018 (1) - Current EBIT by segment

  1. Non audited figures

VEOLIA - Main represented figures for the full year ended December 31, 2018

5

Appendix: IFRS 16 - Leases

IFRS 16 / Lease

  1. Implemented from 01/01/2019
  1. 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)
  1. Main leases are land and buildings, transport, equipment.

Implication for the Group

  1. 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
  1. Accounting treatment :

o Assets : Book an amortizable asset (=right of use). Liabilities : financial debt : present value of the discounted leases

  1. P&L : amortization of the asset and interest charge recognition (decreasing)

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

6

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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