Annual Report 2013 Contents
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An N U Al R Ep O R T 2018 Annual Report
ANNUAL REPORT 2018 ANNUAL REPORT The Annual Report in English is a translation of the French Document de référence provided for information purposes. This translation is qualified in its entirety by reference to the Document de référence. The Annual Report is available on the Company’s website www.vivendi.com II –— VIVENDI –— ANNUAL REPORT 2018 –— –— VIVENDI –— ANNUAL REPORT 2018 –— 01 Content QUESTIONS FOR YANNICK BOLLORÉ AND ARNAUD DE PUYFONTAINE 02 PROFILE OF THE GROUP — STRATEGY AND VALUE CREATION — BUSINESSES, FINANCIAL COMMUNICATION, TAX POLICY AND REGULATORY ENVIRONMENT — NON-FINANCIAL PERFORMANCE 04 1. Profile of the Group 06 1 2. Strategy and Value Creation 12 3. Businesses – Financial Communication – Tax Policy and Regulatory Environment 24 4. Non-financial Performance 48 RISK FACTORS — INTERNAL CONTROL AND RISK MANAGEMENT — COMPLIANCE POLICY 96 1. Risk Factors 98 2. Internal Control and Risk Management 102 2 3. Compliance Policy 108 CORPORATE GOVERNANCE OF VIVENDI — COMPENSATION OF CORPORATE OFFICERS OF VIVENDI — GENERAL INFORMATION ABOUT THE COMPANY 112 1. Corporate Governance of Vivendi 114 2. Compensation of Corporate Officers of Vivendi 150 3 3. General Information about the Company 184 FINANCIAL REPORT — STATUTORY AUDITORS’ REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS — CONSOLIDATED FINANCIAL STATEMENTS — STATUTORY AUDITORS’ REPORT ON THE FINANCIAL STATEMENTS — STATUTORY FINANCIAL STATEMENTS 196 Key Consolidated Financial Data for the last five years 198 4 I – 2018 Financial Report 199 II – Appendix to the Financial Report 222 III – Audited Consolidated Financial Statements for the year ended December 31, 2018 223 IV – 2018 Statutory Financial Statements 319 RECENT EVENTS — OUTLOOK 358 1. Recent Events 360 5 2. Outlook 361 RESPONSIBILITY FOR AUDITING THE FINANCIAL STATEMENTS 362 1. -
Annual Report
ANNUAL REPORT 2014 Management Message 02 At the center of our businesses 04 12 Group Profi le | Businesses | Societal, Social and Litigation | Risk Factors 07 Environmental Information 41 1. Group Profi le 09 1. Corporate Social Responsibility (CSR) Policy 42 2. Businesses 20 2. Societal Information 47 3. Litigation 32 3. Social Information 62 4. Risk Factors 38 4. Environmental Information 77 5. Verifi cation of Non-Financial Data 85 3 Information about the Company | Corporate Governance | Reports 91 1. General Information about the Company 92 2. Additional Information about the Company 93 3. Corporate Governance 106 4. Report by the Chairman of Vivendi’s Supervisory Board on Corporate Governance, Internal Audits and Risk Management – Fiscal Year 2014 147 5. Statutory Auditors’ report, prepared in accordance with Article L.225-235 of the French Commercial Code, on the Report prepared by the Chairman of the Supervisory Board of Vivendi SA 156 4 Financial Report | Statutory Auditors’ Report on the Consolidated Financial Statements | Consolidated Financial Statements | Statutory Auditors’ Report on the Financial Statements | Statutory Financial Statements 159 Selected key consolidated fi nancial data 160 I - 2014 Financial Report 161 II - Appendices to the Financial Report: Unaudited supplementary fi nancial data 191 III - Consolidated Financial Statements for the year ended December 31, 2014 195 IV - Vivendi SA - 2014 Statutory Financial Statements 294 56 Recent events | Outlook 337 Responsibility for Auditing 1. Recent events 338 the Financial Statements 341 2. Outlook 339 1. Responsibility for Auditing the Financial Statements 342 ANNUAL REPORT 2014 The Annual Report in English is a translation of the French “Document de référence” provided for information purposes. -
Avente a Oggetto La Richiesta Di Conferimento Della Rappresentanza
PROSPETTO INFORMATIVO SOLLECITAZIONE DI DELEGHE DI VOTO avente a oggetto la richiesta di conferimento della rappresentanza per l’esercizio del diritto di voto nell’Assemblea degli Azionisti Ordinari di Telecom Italia S.p.A., convocata per il giorno 4 maggio 2017, ore 11.00, in unica convocazione, in Rozzano (Milano), Viale Toscana n. 3 PROMOTORE Vivendi S.A. EMITTENTE Telecom Italia S.p.A. SOGGETTO INCARICATO D ELLA SOLLECITAZIONE E RACCOLTA DELLE DELEGHE E DELEGATO ALLA MANIFESTAZIONE DEL V OTO NELL ’ASSE MBLEA DEGLI AZIONIST I Morrow Sodali Per informazioni è possibile contattare il numero verde n. ovvero per chiamate dall’estero: +39 0645212875 attivo dal lunedì al venerdì dalle ore 10.00 alle ore 19.00 o consultare il sito internet : www.sodali-transactions.com o mandare una e-mail a: [email protected] La presente sollecitazione di deleghe è disciplinata dagli articoli 136 e seguenti del decreto legislativo del 24 febbraio 1998, n.58, come successivamente integrato e modificato (“ TUF ”) nonché dagli articoli 135 e seguenti del Regolamento Consob n. 11971 del 14 maggio 1999 come successivamente integrato e modificato (“ Regolamento Emittenti ”). Il presente prospetto è datato 13 aprile 2017 DOMANDE E RISPOSTE SULLE FINALITÀ DELLA SOLLECITAZIONE PROMOSSA VIVENDI S.A. E SULL’ASSEMBLEA TELECOM ITALIA S.P.A. DEL 4 MAGGIO 2017 1. Perché vi chiediamo la delega? L’attuale Consiglio di Amministrazione di Telecom Italia è in scadenza e l’Assemblea Ordinaria (l’“ Assemblea ”) per il rinnovo è stata convocata per il 4 maggio 2017. Tenuto conto dell’attuale entità della partecipazione detenuta da Vivendi ( i.e. -
Press Release – Launch of the Destination Contract
A new, creative, cultural, artistic and festive tourism offer from a bigger Paris www.exploreparis.com e-store launch #ExploreParis | PRESENTATION 3 Discover Greater Paris: a more generous tourism offer for original experiences Paris, the ultimate city break destination, is not simply a city centre. An abundance of cultural, artistic and festive offers on both sides of the ring road attract young tourists searching for something different. The aim is not only to develop the destination's image but also to increase Greater Paris has decided to boost and develop its tourism flows from the centre of Paris to tourism offer to meet young Europeans’ expectations the Capital's suburban districts and towns and gain their long-term loyalty. The comprehensive, - easily accessible by public transport - dynamic and creative offer is based on themes such and to promote these areas and their as street art, architecture, modern art, nature, tourist attractions. cosmopolitan Paris, and party-time Paris. A wide choice of venues, excursions and tours, often unknown The finalised offer has been launched in the to tourists, are available across the city. This new www.exploreparis.com e-store, both in French tourism scope also includes main attractions such and in English. Tourists can choose from a wide as the Royal Basilica of Saint-Denis, the Château choice of Greater Paris experiences to discover the de Vincennes and the Albert Kahn Museum. area and meet residents: tours, walks, workshops, cruises and parties, etc. Just like Berlin, London, Barcelona and Amsterdam, Greater Paris promises both exciting experiences in off-the-beaten-track venues and original encounters for a revamped tourism experience. -
Explore Paris En
A new, creative, cultural, artistic and festive tourism offer from a bigger Paris www.exploreparis.com e-store launch #ExploreParis | PRESENTATION 3 Discover Greater Paris: a more generous tourism offer for original experiences Paris, the ultimate city break destination, is not simply a city centre. An abundance of cultural, artistic and festive offers on both sides of the ring road attract young tourists searching for something different. The aim is not only to develop the destination's image but also to increase Greater Paris has decided to boost and develop its tourism flows from the centre of Paris to tourism offer to meet young Europeans’ expectations the Capital's suburban districts and towns and gain their long-term loyalty. The comprehensive, - easily accessible by public transport - dynamic and creative offer is based on themes and to promote these areas and their such as street art, architecture, contemporary art, tourist attractions. nature, cosmopolitan Paris, and party-time Paris. A wide choice of venues, excursions and tours, The finalised offer has been launched in the often unknown to tourists, are available across the www.exploreparis.com e-store, both in French city. This new tourism scope also includes main and in English. Tourists can choose from a wide attractions such as the Royal Basilica of Saint- choice of Greater Paris experiences to discover the Denis, the Château de Vincennes and the Albert area and meet residents: tours, walks, workshops, Kahn Museum. cruises and parties, etc. Just like Berlin, London, Barcelona and Amsterdam, Greater Paris promises both exciting experiences in off-the-beaten-track venues and original encounters for a revamped tourism experience. -
General Meeting Brochure
GENERAL MEETING BROCHURE Annual Ordinary and Extraordinary General Meeting Wednesday, 30 June 2021 at 10 a.m. $$ # % 4 !#$%% %)% !#%#$ 1 % #$ &% $ !# ! $ * % !#%#$ 27 1 ( % !#%!% % # % 2 5 #! #%$ % $&!#'$ #* # 78 2 # % & # 6 #! #%$ % $%%&% #* &% #$ 91 % 6 #"&$%$ # '#* 3 #! #% % !#%#$ 9 &%$ #% 105 Lagardère SCA French partnership limited by shares (société en commandite par actions) with a share capital of €799,913,044.60 Registered office: 4, rue de Presbourg - Paris 16e (75), France Registered with the Paris Trade and Companies Registry under number 320 366 446 (SIRET number 320 366 446 00013) This English version has been prepared for the convenience of English-speaking readers. It is a translation of the original French Brochure de convocation prepared for the Annual Ordinary and Extraordinary General Meeting. It is intended for general information only and in the event of discrepancies, the French original shall prevail. !,,#! "+)' -$! (#%(# +-(!+, a benchmark in its industry. Other Activities, Lagardère News and Lagardère Live Entertainment, bore the brunt of the crisis on the advertising market in particular, as well as suffering from the closure of performance venues. However, the teams adapted quickly and creatively to continue to inform and to entertain, all whilst maintaining a sharp focus on controlling costs. These results underscore the relevance of our strategic model resulting from the refocusing completed in 2020, which is now based on two activities with diverse and complementary business models – a resilient powerhouse in Lagardère Publishing, and Lagardère Travel Retail, the growth engine primed for the rebound once the health crisis is under control – as well as Other Activities, and its roster of strong brands. This unprecedented period has also demonstrated the importance of our commitment to corporate social responsibility. -
Jardin Des Plantes Venue Hire
JARDIN DES PLANTES VENUE HIRE MUSÉUM NATIONAL D’HISTOIRE NATURELLE WHO ARE WE? AN ESTABLISHMENT RENOWNED FOR EXCELLENCE, WE PROVIDE THE VERY WELCOME TO THE JARDIN DES PLANTES, BEST IN SERVICES FOR YOUR EVENTS: A BOTANICAL GARDEN IMBUED WITH FOUR CENTURIES OF SCIENTIFIC ADVENTURE. GUIDED TOURS: OUR KNOWLEDGEABLE EVERY DAY HERE IN THE HISTORIC HEART GUIDES AND SERVICE PROVIDERS BRING THE OF THE MUSÉUM NATIONAL D’HISTOIRE COLLECTIONS TO LIFE AS THEY EXPLAIN THEIR NATURELLE, HOME TO COLLECTIONS OF HISTORY AND SHED LIGHT ON THE EXHIBITIONS TENS OF MILLIONS OF SPECIMENS THAT THAT FEATURE THEM. YOUR GUESTS WILL LEAVE TESTIFY TO THE DIVERSITY OF LIFE ON EARTH, WITH PLENTY OF STORIES TO TELL ABOUT OUR THOUSANDS OF VISITORS MINGLE WITH EXTRAORDINARY INSTITUTION, AS WELL AS HUNDREDS OF RESEARCHERS AND STUDENTS. ANSWERS TO MANY OF THE MYSTERIES EXPLORED COME AND EXPLORE AN INSTITUTION THAT HERE IN THE EARTH AND LIFE SCIENCES. COMBINES MUSEUMS, BOTANICAL GARDENS, A MENAGERIE, AND A CENTRE FOR RESEARCH BOOKS AND OBJECTS: TO ENSURE YOUR GUESTS AND UNIVERSITY EDUCATION, WHERE EVEN LEAVE WITH A MEMORABLE SOUVENIR OF YOUR THE EXHIBITIONS OFTEN ARISE OUT OF THE EVENT, WE OFFER PREFERENTIAL RATES ON ITEMS LABORATORIES. ON SALE AT THE GIFT SHOPS, FROM EXHIBITION ALBUMS AND PLUSH ANIMALS TO IN-DEPTH COMMITTED TO PROTECTING NATURE, WORKS EXPLORING THE CUTTING EDGE OF THE JARDIN DES PLANTES IS A MAJOR PLAYER SCIENCE AND MUCH MORE, ACCORDING TO YOUR IN TACKLING TODAY’S ENVIRONMENTAL OBJECTIVES. CHALLENGES, WITH A REPUTATION REACHING FAR BEYOND OUR NATIONAL BORDERS. TECHNICAL EVENT MANAGEMENT : IT SEALS A UNIQUE ALLIANCE BETWEEN THE TECHNICAL EVENT MANAGERS TASKED EXCEPTIONAL COLLECTIONS, STATE-OF-THE- WITH ORGANIZING YOUR EVENT ARE TOP ART RESEARCH, MULTIDISCIPLINARY HIGHER PROFESSIONALS HIRED FOR THEIR KNOW-HOW EDUCATION, RENOWNED EXPERTISE, AND EXPERIENCE IN DEALING WITH EVENTS OF AND PUBLIC EDUCATION AIMED AT RAISING ALL TYPES AND SIZES. -
"Tourism, Culture and Sport"
Visiting Paris • Useful websites SUAPS Tourism, The official website of the Paris Region http://www.visitparisregion.com/ Whether you are a student or a staff member of The official website of the Tourist and Conventions Office Université Paris-Saclay, the SUAPS is the place to go https://www.parisinfo.com/ (multilingual site) for sports. The SUAPS offers activities to relax, keep Terminology culture The most important things to do and see in Paris by Time Out fit both physically and mentally, challenge yourself, https://www.timeout.fr/paris and meet new people. SUAPS: Service Universitaire des Activités Paris cultural programme 76 sports, as well as creative and personal Physiques et Sportives (University Department of and sport http://quefaire.paris.fr/ development activities, are offered on the portal, Physical and Sports Activities) Télérama official site which is also available to staff and students from the http://www.telerama.fr/ universities of Évry Val-d’Essonne and Versailles Saint- Sortir A Paris Quentin-en-Yvelines, as well as CentraleSupélec and Paris is just 30 km from https://www.sortiraparis.com/ (bilingual site) ENS Paris-Saclay. Université Paris-Saclay and is • 10 top places to visit in Paris Everything can be done online: registration, one of the most beautiful cities Louvre Museum potential payment, downloading the membership in the world and one of the https://www.louvre.fr/ card on a smartphone. most visited. Arc de Triomphe Below you will find useful http://www.paris-arc-de-triomphe.fr/ websites, places to visit and Grand Palais https://www.grandpalais.fr/ Student some practical information. -
Vivendi Ceo Arnaud De Puyfontaine to Deliver Keynote Interview at Midem 2015
5 -8 June 2015 - Cannes, France PRESS RELEASE VIVENDI CEO ARNAUD DE PUYFONTAINE TO DELIVER KEYNOTE INTERVIEW AT MIDEM 2015 ON CONVERGENCE BETWEEN CONTENT, PLATFORMS AND CONSUMER USAGE Paris, 21 May 2015 – Arnaud de Puyfontaine, Chief Executive Officer of French integrated media and content group Vivendi, is to deliver a keynote interview at Midem 2015, the leading industry event that unites the entire music ecosystem. The keynote will be part of Midem Talks, Midem’s plenary conference programme, and will take place on Saturday 6 June. Vivendi is a world leader in music through its subsidiary Universal Music Group, and a European leader in filmed entertainment and the French leader in pay-television through the Canal+ Group, which includes Studiocanal. The group’s division Vivendi Village includes Vivendi Ticketing, Wengo, Watchever, and the Paris concert hall L’Olympia. Last month, Vivendi and Orange announced that they entered into exclusive negotiations for the acquisition by Vivendi of an 80% stake in online video-sharing website Dailymotion. Present across the entire value chain, from the discovery of talent to the creation, production and distribution of content, Vivendi is ideally placed to profit from the convergence in consumption modes for musical and audiovisual content being driven by the new digital ecosystem. “We are in the midst of a fascinating period of transformation with the convergence between content, platforms and consumer usage. As a global media player with very strong positions in music, television and cinema, Vivendi is at the heart of this evolution. While the paradigms may change, the power of music remains untouched: creating emotions and sharing people’s feelings in their daily life,” said Arnaud de Puyfontaine. -
Together Letter to Our Shareholders
LETTER TO OUR SHAREHOLDERS TOGETHER SEPTEMBER 2020 EARNINGS P. 3 NEWS P. 4 DIARY P. 8 — 2020 half-year — Universal Music Group — Shareholders’ diary results expands its global footprint Vivendi and you VALIDÉ, CRÉATION ORIGINALE OF CANAL+ © Fifou/Mandarin Télévision/Canal+ Photos/DR GOOD HALF-YEAR RESULTS Yannick Bolloré, Chairman of the Supervisory board, and Arnaud de Puyfontaine, Chairman of the Management Board Dear Shareholders, ivendi has demonstrated its resilience over the past few unprecedented months by staying the strategic course set in 2014: to build a world leader in culture, at the crossroads of the entertainment, media and communications industries. Our group’s business model is both coherent and diversified, which is a significant asset. Vivendi operates in a number of different sectors and countries, and can therefore offset the difficulties encountered in one market with a strong performance in another. In addition, the group’s digital activities have been fully developed, which proved advantageous during the lockdowns. Finally, the revenues generated Vfrom its two main businesses, music and audiovisual content, are directly or indirectly linked to subscriptions, a business model with recurring revenues. In a very difficult environment, Vivendi generated an adjusted net income of €583 million in the first half of 2020, up 5.4%. For the second half, we are carefully analyzing the consequences of the crisis. Today, it is difficult to determine how it will impact the annual results. Nevertheless, Vivendi remains confident in the resilience of its main businesses, music and audiovisual content. Those tied to advertising and live performance may be affected for a more extended period than the others. -
An Anthropological Exploration of Soundscape in Zoos
Hum Ecol DOI 10.1007/s10745-017-9937-y Exoticism as a Mediator of Everyday Experiences of Nature: an Anthropological Exploration of Soundscape in Zoos Agathe Colléony1 & Léo Martin1 & Nicolas Misdariis2 & Susan Clayton3 & Michel Saint Jalme1 & Anne-Caroline Prévot1 # Springer Science+Business Media, LLC 2017 Abstract The increasing levels of stress entailed by contem- Introduction porary urban lifestyles can lead to a greater desire to escape from cities. The restorative sense of ‘being away’ produced by Increasing urbanization has many benefits in terms of access natural environments has been substantially explored in to health care, education, and social support (McMichael greenspaces but little studied in zoos, which endeavour to 2000; Vlahov and Galea 2002; Dahly and Adair 2007). immerse visitors in a local or exotic environment through both However, urban dwellers experience high levels of stress the visual environment and soundscape. We explore how and mental illness, such as depression (Srivastava 2009), part- soundscapes contribute to this sense of immersion through ly due to the few opportunities in cities for being in nature self-reflective interviews with 20 participants in two zoos in (Byrne et al. 2009;Howley2009). Yet urban dwellers Paris (France). The zoo was perceived as a natural or a socially throughout the world express a desire to be in contact with crowded area depending on the auditory context. Interestingly, nature (Matsuoka and Kaplan 2008). The restorative potential focusing on the captive exotic animals seemed to make par- of immersive nature experiences compared to urban environ- ticipants more aware of the more common birds around them ments has been repeatedly documented (e.g., Hartig et al. -
ACE WEEK Pompeii
Ousedale School Magazine July 2018 Duxford Air Museum ACE WEEK Pompeii Vietnam School of Rock Birmingham University Pompeii Lulworth Cove Lulworth Cove Paris Abbey Hill Golf Abbey Hill Golf Paris Message from Sue Carbert, Headteacher Dear Parents/Carers Do enjoy this lovely edition of Ousenews. At this time of year, we say goodbye to a number of staff; three staff in particular should be mentioned: Lin Robinson – English Teacher at the Olney campus; Lin who was in charge of English at Olney, and then moved into a new role of Training Teachers, is retiring this summer. She has worked at Ousedale for 13 years. Doug Abrams – Head of Computing and IT, who has led the department for the last 14 years, and throughout his time at Ousedale helped with the technical side of productions, has taken up a new post at the Webber School after 14 years. Finally, Dave Hurley, who has worked at Ousedale for a staggering 31 years; his dedication to PE teaching and extra-curricular PE in particular will be very hard to replace. Dave is retiring from teaching. We wish all three the very best for the future. As you look through this edition I am reminded of our vision statement ‘to enhance and develop our exceptional learning community for all students’. I feel this focus on enriching lives combined with great teaching and exam preparation is what makes Ousedale special; I hope you feel we have made the vision a reality. We look forward to the summer exams results. Sue Carbert | Headteacher Message from Paul McFadden, Deputy Headteacher As we come to the end of another academic year there is much to celebrate and reflect on.