Halbjahresabschluss 2015 - Finanzdaten
Consolidated half-year financial statements
- Key figures
- Consolidated income statement for the period
- Consolidated comprehensive income statement for the period
- Consolidated balance sheet
- Consolidated cash flow statement
Key figures
| (in € millions) | First half 2015 | First half 2014 (1) | Change first half 2015/2014 (1) | Full year 2014 |
|---|---|---|---|---|
| Revenue (2) | 17,880 | 18,464 | -3.2% | 38,703 |
| Revenue generated in France (2) | 10,621 | 11,687 | -9.1% | 23,936 |
| % of revenue (2) | 59.4% | 63.3% | 61.8% | |
| Revenue generated outside France (2) | 7,259 | 6,777 | 7.1% | 14,767 |
| % of revenue (2) | 40.6% | 36.7% | 38.2% | |
| Operating income from ordinary activities | 1,540 | 1,582 | -2.7% | 3,642 |
| % of revenue (2) | 8.6% | 8.6% | 9.4% | |
| Recurring operating income | 1,586 | 1,577 | 0.5% | 3,637 |
| Operating income | 1,577 | 2,180 | -27.7% | 4,243 |
| Net income attributable to owners of the parent | 819 | 1,348 | -39.3% | 2,486 |
| Diluted earnings per share (in €) | 1.47 | 2.39 | -38.6% | 4.43 |
| Net income excluding non-recurring items attributable to owners of the parent | 827 | 778 | 6.3% | 1,906 |
| % of revenue (2) | 4.6% | 4.2% | 4.9% | |
| Diluted earnings per share excluding non-recurring items (in €) | 1.48 | 1.38 | 7.5% | 3.39 |
| Dividend per share (in €) | 0.57 (3) | 1.00 (4) | -43.0% | 2.22(4) |
| Cash flow from operations before tax and financing costs | 2,471 | 2,429 | 1.7% | 5,561 |
| Operating investment (net of disposals) | (273) | (275) | -0.5% | (637) |
| Growth investments in concessions and PPPs | (396) | (380) | 4.3% | (799) |
| Free cash flow (after investments) | 247 | (469) | 152.7% | 2,197 |
| Equity including non-controlling interests | 14,889 | 14,301 | 588 | 14,868 |
| Net financial debt | (13,875) | (14,885) | 1,010 | (13,281) |
(1) Amounts restated in line with the change in accounting method arising from the application of IFRIC 21 “Levies”.
(2) Excluding concession subsidiaries’ revenue derived from works carried out by non-Group companies.
(3) Interim dividend to be paid on 12 November 2015.
(4) Including special dividend of €0.45.
Consolidated income statement for the period
| (in € millions) | First half 2015 | First half 2014 (*) | Full year 2014 |
|---|---|---|---|
| Revenue (**) | 17,880 | 18,464 | 38,703 |
| Concession subsidiaries’ revenue derived from works carried out by non-Group companies | 252 | 153 | 340 |
| Total revenue | 18,132 | 18,617 | 39,043 |
| Revenue from ancillary activities | 86 | 79 | 151 |
| Operating expenses | (16,678) | (17,114) | (35,552) |
| Operating income from ordinary activities | 1,540 | 1,582 | 3,642 |
| Share-based payments (IFRS 2) | (36) | (42) | (102) |
| Profit/(loss) of companies accounted for under the equity method | 49 | 24 | 66 |
| Other recurring operating items | 33 | 13 | 30 |
| Recurring operating income | 1,586 | 1,577 | 3,637 |
| Non-recurring operating income | (9) | 603 | 607 |
| Operating income | 1,577 | 2,180 | 4,243 |
| Cost of gross financial debt | (303) | (340) | (666) |
| Financial income from cash investments | 26 | 36 | 49 |
| Cost of net financial debt | (277) | (304) | (616) |
| Other financial income and expense | (4) | (23) | (61) |
| Income tax expense | (462) | (488) | (1,050) |
| Net income | 834 | 1,365 | 2,516 |
| Net income attributable to non-controlling interests | 16 | 17 | 30 |
| Net income attributable to owners of the parent | 819 | 1,348 | 2,486 |
| Net income excluding non-recurring items attributable to owners of the parent | 827 | 778 | 1,906 |
| Earnings per share attributable to owners of the parent | |||
| Basic earnings per share (in €) | 1.48 | 2.42 | 4.47 |
| Diluted earnings per share (in €) | 1.47 | 2.39 | 4.43 |
| Earnings per share excluding non-recurring items attributable to owners of the parent | |||
| Earnings per share excluding non-recurring items (in €) | 1.49 | 1.39 | 3.43 |
| Diluted earnings per share excluding non-recurring items (in €) | 1.48 | 1.38 | 3.39 |
(*) Amounts restated in line with the change in accounting method arising from the application of IFRIC 21 “Levies”.
(**) Excluding concession subsidiaries’ revenue derived from works carried out by non-Group companies.
Consolidated comprehensive income statement for the period
| First half 2015 | First half 2014 (*) | Full year 2014 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| (in € millions) | Attributable to owners of the parent | Attributable to non- controlling interests | Total | Attributable to owners of the parent | Attributable to non- controlling interests | Total | Attributable to owners of the parent | Attributable to non- controlling interests | Total |
| Net income | 819 | 16 | 834 | 1,348 | 17 | 1,365 | 2,486 | 30 | 2,516 |
| Financial instruments of controlled companies: changes in fair value | 45 | - | 45 | (5) | - | (5) | (14) | - | (14) |
| of which: | |||||||||
| Cash flow hedges (**) | 45 | - | 45 | (5) | - | (5) | (14) | - | (15) |
| Financial instruments of companies accounted for under the equity method: changes in fair value | 89 | - | 89 | (155) | - | (155) | (350) | - | (350) |
| Currency translation differences | 100 | 5 | 104 | 15 | - | 15 | 62 | 5 | 67 |
| Tax (***) | (45) | - | (45) | 52 | - | 52 | 119 | - | 119 |
| Other comprehensive income that may be recycled subsequently to net income | 188 | 5 | 193 | (93) | - | (93) | (184) | 5 | (178) |
| Actuarial gains and losses on retirement benefit obligations | (207) | - | (207) | (130) | - | (130) | (112) | - | (112) |
| Tax | 51 | - | 51 | 34 | - | 34 | 23 | - | 23 |
| Other comprehensive income that may not be recycled subsequently to net income | (156) | - | (156) | (96) | - | (96) | (89) | - | (89) |
| Total other comprehensive income recognised directly in equity | 32 | 5 | 37 | (189) | - | (189) | (272) | 5 | (267) |
| of which: | |||||||||
| Controlled companies | (34) | 5 | (29) | (87) | - | (87) | (29) | 5 | (24) |
| Companies accounted for under the equity method | 66 | - | 66 | (102) | - | (102) | (243) | - | (243) |
| Total comprehensive income | 851 | 20 | 871 | 1,159 | 17 | 1,176 | 2,214 | 35 | 2,249 |
(*) Amounts restated in line with the change in accounting method arising from the application of IFRIC 21 “Levies”.
(**) Changes in the fair value of cash flow hedges (mainly interest rate hedges) are recognised in equity for the effective portion. Cumulative gains and losses in equity are taken
to profit or loss at the time when the cash flow affects profit or loss.
(***) Tax effects relating to changes in the fair value of cash flow hedging financial instruments (effective portion).