2013 Registration document and annual financial report - page 231

Registration Document 2013
229
Financial Statemements
5
Consolidated Financial Statements And Notes
B. At December 31, 2012
(in millions of euros)
Economy Hotels US
business
OnboardTrain
Services Total Dec. 2012
CONSOLIDATED REVENUE
442
66
508
Operating expense
(287)
(66)
(353)
EBITDAR
155
(0)
155
Rental expense
(57)
(1)
(58)
EBITDA
97
(1)
96
Depreciation, amortization and provision expense
(46)
(1)
(48)
EBIT
51
(2)
49
Net financial expense
(8)
1
(7)
Share of profit of associates after tax
-
-
-
OPERATING PROFIT BEFORE TAX AND NON RECURRING ITEMS
43
(1)
42
Restructuring costs
-
(1)
(1)
Impairment losses
(47)
-
(47)
Gains and losses on management of hotel properties
(10)
-
(10)
Gains and losses on management of other assets*
(431)
3
(428)
OPERATING PROFIT BEFORE TAX
(445)
1
(444)
Income tax expense
0
(1)
(1)
NET LOSS**
(445)
(0)
(445)
IMPACT OF REALIZED GAINS**
(234)
0
(234)
NET LOSS FROM DISCONTINUED OPERATIONS
(679)
(0)
(679)
* Including:
- costs associated with the exercise of purchase options on leased hotels for €(274) million;
- cancellation of accounting entries recognizing rents on a straight-line basis following the purchase of the leased hotels, for €(123) million.
** See note 2.A.1.1.
NOTE
18 GOODWILL
(in millions of euros)
Dec. 2012
Dec. 2013
Goodwill (gross value)
945
802
Less impairment losses
(105)
(95)
GOODWILL, NET
840
707
1...,221,222,223,224,225,226,227,228,229,230 232,233,234,235,236,237,238,239,240,241,...344
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