VIVENDI SE 
Transactions with shareowners (33) (3,188) Setting up of long-term borrowings and increase in other long-term financial liabilities 5 2,101 Principal payment on long-term borrowings and decrease in other long-term financial liabilities (1) (6) Principal payment on short-term borrowings (1,071) (787) Other changes in short-term borrowings and other financial liabilities 739 870 Interest paid, net (37) (46) Other cash items related to financial activities (22) (7) Transactions on borrowings and other financial liabilities (387) 2,125 Repayment of lease liabilities and related interest expenses (255) (254) Net cash provided by/(used for) financing activities (675) (1,317) Foreign currency translation adjustments of continuing operations (60) (4) Change in cash and cash equivalents (1,154) (1,663) Cash and cash equivalents At beginning of the period 2,130 3,793 At end of the period 976 2,130
APPENDIX V
VIVENDI
KEY CONSOLIDATED FINANCIAL DATA FOR THE LAST FIVE YEARS
(IFRS, audited)
As a reminder, in 2019, Vivendi applied a new accounting standard:
-- IFRS 16 -- Leases: in accordance with IFRS 16, the impact of the change
of accounting standard was recorded in the opening balance sheet as of
January 1, 2019. In addition, Vivendi applied this change of accounting
standard to the Statement of Financial Position, Statement of Earnings
and Statement of Cash Flows in 2019; therefore, the data relative to
prior years is not comparable.
As a reminder, in 2018, Vivendi applied two new accounting standards:
-- IFRS 15 -- Revenues from Contracts with Customers: in accordance with
IFRS 15, as from 2017, Vivendi applied this change of accounting standard
to revenues. The data presented below with respect to fiscal year 2016
are historical and therefore not restated; and
-- IFRS 9 -- Financial Instruments: in accordance with IFRS 9, as from 2018,
Vivendi applied this change of accounting standard to the Statement of
Earnings and Statement of Comprehensive Income restating its opening
balance sheet as of January 1, 2018; therefore, the data relative to
prior years in this report is not comparable.
Year ended December 31,
2020 2019 2018 2017 2016
Consolidated data
Revenues 16,090 15,898 13,932 12,518 10,819
Income from
operations (a) 1,815 1,719 1,439 1,098 853
Adjusted earnings
before interest and
income taxes (EBITA)
(a) 1,627 1,526 1,288 969 724
Earnings before
interest and income
taxes (EBIT) 1,468 1,381 1,182 1,018 887
Earnings attributable
to Vivendi SE
shareowners 1,440 1,583 127 1,216 1,256
of which earnings
from continuing
operations
attributable to
Vivendi SE
shareowners 1,440 1,583 127 1,216 1,236
Adjusted net income
(a) 1,228 1,741 1,157 1,300 755
Net Cash
Position/(Financial
Net Debt) (a) (4,953) (4,064) 176 (2,340) 1,231
Total equity 16,431 15,575 17,534 17,866 19,612
of which Vivendi SE
shareowners' equity 15,759 15,353 17,313 17,644 19,383
Cash flow from
operations (CFFO)
(a) 696 903 1,126 989 729
Cash flow from
operations after
interest and income
tax paid (CFAIT)
(a) 548 567 822 1,346 341
Financial investments (1,640) (2,284) (694) (3,685) (4,084)
Financial divestments 360 1,068 2,303 976 1,971
Dividends paid by
Vivendi SE to its
shareholders 690 636 568 499 2,588 (b)
Purchases/(sales) of
Vivendi SE's
treasury shares 2,157 2,673 - 203 1,623
Per share data
Weighted average
number of shares
outstanding 1,140.7 1,233.5 1,263.5 1,252.7 1,272.6
Earnings attributable
to Vivendi SE
shareowners per
share 1.26 1.28 0.10 0.97 0.99
Adjusted net income
per share 1.08 1.41 0.92 1.04 0.59
Number of shares
outstanding at the
end of the period
(excluding treasury
shares) 1,092.8 1,170.6 1,268.0 1,256.7 1,259.5
Equity per share,
attributable to
Vivendi SE
shareowners 14.42 13.12 13.65 14.04 15.39
Dividends per share
paid 0.60 0.50 0.45 0.40 2.00 (b)
In millions of euros, number of shares in millions, data per share in euros.
1. The non-GAAP measures of Income from operations, EBITA, Adjusted net
income, Net Cash Position (or Financial Net Debt), Cash flow from
operations (CFFO) and Cash flow from operations after interest and income
tax paid (CFAIT) should be considered in addition to, and not as a
substitute for, other GAAP measures of operating and financial
performance as presented in the Consolidated Financial Statements and the
related Notes, or as described in this Financial Report. Vivendi
considers these to be relevant indicators of the group's operating and
financial performance. Each of these indicators is defined in the
appropriate section of this Financial Report. In addition, it should be
noted that other companies may have definitions and calculations for
these indicators that differ from those used by Vivendi, thereby
affecting comparability. Furthermore, as of December 31, 2020, in the
context of the COVID-19 pandemic, Vivendi had not changed the definition
of these indicators, which are therefore comparable to fiscal year 2019.
2. With respect to fiscal year 2015, Vivendi paid an ordinary dividend of
EUR3 per share, i.e., an aggregate dividend payment of EUR3,951 million.
This amount included EUR2,588 million paid in 2016 (EUR1,318 million for
the second interim dividend of EUR1 per share and EUR1,270 million
representing the balance of EUR1 per share) and EUR1,363 million paid in
2015 (first interim dividend of EUR1 per share).
APPENDIX VI
Havas Group
New contract and award wins in 2020
Main budgets won
In 2020, Havas continued its global development by winning numerous new clients in creative, media expertise and healthcare communications, both locally and globally.
Havas Creation
3M, AARP, Accor, Allianz, Amazon Workforce, BMW e-sports, EDF, Fanta, Harman JBL, Homeserve, John West, KFC, Suzuki, T3 Go, and Yili Group.
Havas health & you
AbbVie, Astellas, AstraZeneca, Biomarin, Karyopharm, Kyowa Kirin, Novartis, Orexo, Pfizer, Roche, Sanofi, Servier, Takeda, UCB, and ViiV.
Havas Media
Telefonica, Sanofi, JDE Peets, Agrolimen, Lactalis, 3M, Europcar, Karo Pharma, Promote Iceland, Epic Games, Signify, and Tetra Pak, BBC, PMU and Audible.ca.
Main awards won
BETC ranked first in the Contagious Pioneer 2020 Top 10 agencies and also received the special award of "Agency of the Year" at the Eurobest thanks to two Grand Prizes for its "Crocodile Inside" campaigns for Lacoste and "Underground Première" for 13ème Rue as well as 6 Gold. Camp + King took second place in the "Small Agency of the Year" ranking established by Advertising Age, one of the industry's leading magazines. In the latest Campaign Brief 2020 Bestads Rankings, Buzzman ranked 12th among the world's best agencies of the year.
The agencies' creativity was recognized at a large number of festivals and ceremonies, including the D&AD, where the group's agencies won 17 awards, including two Gold, five Silver and ten Bronze, as well as the first-ever "Black Pencil of the Decade", awarded to Host/Havas' "Palau Pledge" campaign.
At the One Show, they won 20 awards, including six Gold and five Silver, for BETC Paris' Crocodile Inside and Crocodile Free campaigns for Lacoste and Arnold Boston's two campaigns, "In Someone Else's Shoes" for Santander Bank and "Run For Life" for the Red Cross in Brazil.
At the Webby Awards, the group's agencies won 17 awards, led by two first prizes from HOY for its campaign "100 years making history" for Citroën, and Havas New York for its campaign "Adidas original archive video series".
Effies were awarded Chile, Austria, Argentina, Belgium, Russia, Germany, India, the United States, Poland, Peru, Colombia, Turkey (11 awards including 6 Gold) and France (14 awards including one Grand Prix and 5 Gold).
The Havas Media network shined at the Festival of Global Media. The "Waiting Wins" campaign for CANAL+ won two Golds, and the "Project Save" campaign for the Government of Valenzuela won one Gold.
Havas Creative's New Business team was elected New-Business Development Team of the Year by Campaign magazine for the second consecutive year. Havas Europe held the top spot in the 2020 R3 (R3 Worldwide's New Business League for Europe) ranking of the best New Business performances by creative networks in 2019.
APPENDIX VII
Successes and literary prizes won
By Editis and its partners in 2020
(MORE TO FOLLOW) Dow Jones Newswires
03-03-21 1419ET
