2013 Registration document and annual financial report - page 181

Registration Document 2013
179
Financial Statemements
5
Consolidated Financial Statements And Notes
5.2. CONSOLIDATED FINANCIAL STATEMENTS AND NOTES
5.2.1. CONSOLIDATED INCOME STATEMENTS
(in millions of euros)
Notes
2012*
2013
CONSOLIDATED REVENUE
3
5,649
5,536
Operating expense
4
(3,861)
(3,777)
EBITDAR
5
1,788
1,759
Rental expense
6
(938)
(894)
EBITDA
7
850
865
Depreciation, amortization and provision expense
8
(324)
(329)
EBIT
9
526
536
Net financial expense
10
(75)
(92)
Share of profit of associates after tax
11
17
2
OPERATING PROFIT BEFORE TAX AND NON RECURRING ITEMS
468
446
Restructuring costs
12
(40)
(133)
Impairment losses
13
(119)
(89)
Gains and losses on management of hotel properties
14
11
68
Gains and losses on management of other assets
15
(81)
(33)
OPERATING PROFIT BEFORE TAX
239
259
Income tax expense
16
(143)
(121)
PROFIT FROM CONTINUING OPERATIONS
95
138
Net Profit or Loss from discontinued operations
17
(679)
1
NET PROFIT OR LOSS
(584)
139
Net Profit, Group Share from continuing operations
80
125
Net Profit or Loss, Group Share from discontinued operations
(679)
1
Net Profit or Loss, Group Share
(599)
126
Net Profit, Minority interests from continuing operations
15
13
Net Profit or Loss, Minority interests from discontinued operations
(0)
0
Net Profit, Minority interests
15
13
Weighted average number of shares outstanding
(in thousands)
25
227,266
227,613
Earnings per share
(in €)
(2.64)
0.55
Diluted earnings per share
(in €)
25
(2.64)
0.55
Earnings per share from continuing operations
(in €)
0.35
0.55
Diluted earnings per share from continuing operations
(in €)
0.35
0.55
Earnings per share from discontinued operations
(in €)
(2.99)
0.00
Diluted earnings per share from discontinued operations
(in €)
(2.99)
0.00
* The amendment to IAS 19 “Employee Benefits” was adopted effective from January 1, 2013, with retrospective application to the period presented.The effect of the
resulting changes of method on the income statement for the year ended December 31, 2012 was not material (see Note 1, page 189, for an explanation of the changes
of method) and the comparative information for this period has not been restated.
Income statement indicators are explained in Note 1.S.
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