2013 Registration document and annual financial report - page 219

Registration Document 2013
217
Financial Statemements
5
Consolidated Financial Statements And Notes
NOTE
8 DEPRECIATION, AMORTIZATION AND PROVISION EXPENSE
Depreciation, amortization and provision expense can be analyzed as follows:
(in millions of euros)
2012
2013
Depreciation and amortization
(326)
(328)
Provision
2
(1)
TOTAL
(324)
(329)
NOTE
9 EBIT BY BUSINESS AND REGION
(in millions of euros)
France
Europe
(excl. France)
Asia
Pacific
Latin America &
Caribbean
Other
Countries
Worldwide
Structures
(1)
2013
2012
HOTELS
192
182
53
47
25
0 499
511
Upscale and Midscale
Hotels
89
70
37
17
13
(2)
224
234
Economy Hotels
103
112
16
30
12
2
275
277
OTHER BUSINESSES
4
(1)
10
-
3
21
37
15
TOTAL 2013
196
181
63
47
28
21
536
TOTAL 2012
218
159
59
43
22
25
526
(1) “Worldwide Structures” corresponds to revenue (royalties) and costs that are not specific to a single geographic region.
Consolidated EBIT for 2013 totalled €536 million compared with €526 million for 2012.
The period on-period increase of €10 million (or +1.9%) breaks down as follows:
ƒƒ
Like-for-like growth
+28 m€
+5.3%
ƒƒ
Business expansion (owned and leased hotels only)
+4 m€
+0.7%
ƒƒ
Currency effects
(15) m€
(2.8)%
ƒƒ
Disposals
(7) m€
(1.3)%
INCREASE IN 2013 EBIT
+10 m€
+1.9%
Change in 2013 EBIT by business
∆ 2013/2012
Like-for-like change
(in millions of euros)
(in millions of euros)
%
HOTELS
(12)
+6
+1.2%
Upscale and Midscale Hotels
(10)
(3)
(1.3)%
Economy
(2)
+9
+3.4%
OTHER BUSINESSES
+22
+22
+145.7%
GROUPTOTAL
+10
+28
+5.3%
1...,209,210,211,212,213,214,215,216,217,218 220,221,222,223,224,225,226,227,228,229,...344
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