2014 Registration Document and Annual Financial Report - page 220

Financial Statemements
Consolidated Financial Statements and Notes
5
Note 23.1 Information about material associates
The following associates have a material impact on the consolidated financial statements:
(1) Interglobe Hotels, which owns and operates ibis hotels in India that are run by Accor under management contracts.
Key figures for Interglobe Hotels as follows:
Interglobe Hotels (Hotels ibis India)
Development ibis India
(inmillions of euros)
March 2013*
March 2014*
Revenue
12
13
Net profit (loss)
(3)
(3)
Total current Assets
6
6
Total non-current Assets
145
157
Equity (including currency translation reserve)
95
100
Total current Liabilities
8
10
Total non-current Liabilities
49
53
Net cash/(Net debt)
(21)
(47)
Market capitalization
N/A
N/A
Dividends paid by the compagny to Accor during the period
-
-
% interest held
40.00% 40.00%
* As Interglobe Hotels has a March 31 year-end and Accor is only minority shareholder, the Group is not authorized to disclose details of the Interglobe accounts included
in its consolidated financial statements.The key figures shown above are extracted from Interglobe’s latest audited and published financial statements.
(2) Ambassador, which owns and operates Novotel Seoul Ambassador Gangnam that is run by Accor under management contract. Key
figures for Ambassador Inc are as follows:
Hotels Korea
Ambassador (Novotel Seoul Ambassador Gangnam)
(inmillions of euros)
Dec. 2013
Dec. 2014
Revenue
24
24
Net profit (loss)
3
2
Total current Assets
5
5
Total non-current Assets
64
73
Equity (including currency translation reserve)
51
57
Total current Liabilities
9
11
Total non-current Liabilities
10
9
Net cash/(Net debt)
(7)
(10)
Market capitalization
N/A
N/A
Dividends paid by the compagny to Accor during the period
1
-
% interest held
30.19% 30.19%
Registration Document 2014
218
1...,210,211,212,213,214,215,216,217,218,219 221,222,223,224,225,226,227,228,229,230,...332
Powered by FlippingBook