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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. -
2019 Winners & Finalists
2019 WINNERS & FINALISTS Associated Craft Award Winner Alison Watt The Radio Bureau Finalists MediaWorks Trade Marketing Team MediaWorks MediaWorks Radio Integration Team MediaWorks Best Community Campaign Winner Dena Roberts, Dominic Harvey, Tom McKenzie, Bex Dewhurst, Ryan Rathbone, Lucy 5 Marathons in 5 Days The Edge Network Carthew, Lucy Hills, Clinton Randell, Megan Annear, Ricky Bannister Finalists Leanne Hutchinson, Jason Gunn, Jay-Jay Feeney, Todd Fisher, Matt Anderson, Shae Jingle Bail More FM Network Osborne, Abby Quinn, Mel Low, Talia Purser Petition for Pride Mel Toomey, Casey Sullivan, Daniel Mac The Edge Wellington Best Content Best Content Director Winner Ryan Rathbone The Edge Network Finalists Ross Flahive ZM Network Christian Boston More FM Network Best Creative Feature Winner Whostalk ZB Phil Guyan, Josh Couch, Grace Bucknell, Phil Yule, Mike Hosking, Daryl Habraken Newstalk ZB Network / CBA Finalists Tarore John Cowan, Josh Couch, Rangi Kipa, Phil Yule Newstalk ZB Network / CBA Poo Towns of New Zealand Jeremy Pickford, Duncan Heyde, Thane Kirby, Jack Honeybone, Roisin Kelly The Rock Network Best Podcast Winner Gone Fishing Adam Dudding, Amy Maas, Tim Watkin, Justin Gregory, Rangi Powick, Jason Dorday RNZ National / Stuff Finalists Black Sheep William Ray, Tim Watkin RNZ National BANG! Melody Thomas, Tim Watkin RNZ National Best Show Producer - Music Show Winner Jeremy Pickford The Rock Drive with Thane & Dunc The Rock Network Finalists Alexandra Mullin The Edge Breakfast with Dom, Meg & Randell The Edge Network Ryan -
2018 RBA Annual Report
2 018 RADIO BROADCASTERS ASSOCIATION ANNUAL REPORT www.rba.co.nz THE YEAR BY NUMBERS NUMBER OF PEOPLE EMPLOYED BY RBA COMMERCIAL STATIONS – IN THE REGION OF 1,800 ANNUAL RADIO REVENUE $ 279.4 MILLION % OF ALL NZ ADVERTISING REVENUE 10.63% # OF COMMERCIAL RADIO FREQUENCIES– 103 AM & 678 FM 781 # OF LISTENERS AGED 10+ TO ALL RADIO AS AT S4 DECEMBER 2018 84% OF ALL NEW ZEALANDERS* 3.59 MILLION # OF LISTENERS AGED 10+ TO COMMERCIAL RADIO AS AT S4 DECEMBER 2018 78% OF ALL NEW ZEALANDERS* 3.32 MILLION # OF RADIO STUDENTS IN 2018 With almost 3.6 million people listening to radio each week and 3.3 million of those listening to commercial radio, we are one 173 of, if not the most used media channels every week in New Zealand. We need to shout this loudly and proudly. Jana Rangooni, RBA CEO www.rba.co.nz FROM THE RBA CHAIRMAN, FROM THE RBA CEO, NORM COLLISON JANA RANGOONI 2018 was a challenging As I write our support of a thriving mainstream year for all organisations in this report music industry in New Zealand. the media throughout New I, like so • We have revised the radio agency Zealand as we faced more many in the accreditation scheme and increased competition at a global level. industry, the number of agencies participating. It was pleasing therefore to are still see radio yet again hold its grieving • We have developed a new plan own in terms of audiences the loss with Civil Defence to engage with and advertising revenue. of our the 16 CDEM regions to ensure the Memorandum of Understanding with We ended the year with over 3.3 million New Zealanders colleague Darryl Paton who so many MCDEM is activated across New listening to commercial radio each week and $279.4 million in know from his years at The Edge and The Zealand. -
Your Direct Line to New Zealand
YOUR DIRECT LINE TO NEW ZEALAND EXCLUSIVE CANDIDATE ELECTION RATES Take your campaign message to over 3.1 million Kiwis* with a cost-effective NZME media campaign. NZME publishes the country’s most influential media brands – commanding huge and highly engaged daily audiences. Harness a combination of digital, print and radio to broadcast your message countrywide – or target your own electorate locally using the capabilities of the NZME Local Network. Win over the New Zealand electorate with the help of NZME. See next page for exclusive advertising rates. EXCLUSIVE CANDIDATE RATES 15th July – 7th October (as per ASA advice 2016) RADIO • On average Kiwis listen to just under 2 hours a day.* • Radio is the perfect platform to drive recognition and trust. 45% off1 PRINT • 1.9 million Kiwis read NZME print brands** – including its 23 regional community titles. 2 • Newspapers help Kiwis form new opinions. 15% off DIGITAL • NZME reaches 2.4 million Kiwis around NZ through its digital brands – 69% of all people in the North Island & 62% of all people in the South Island.** • Kiwis seek accurate and credible information from digital news sites. 15% off3 Contact: [email protected] *Source: NZ on Air Annual Report 13/14 as conducted by Colmar Brunton. **Source: Nielsen CMI Fused Q1 15 - Q4 15 March 16 TV/Online AP15+ (1) Discount off current ratecard. No VID, no bonus, no Time Saver Traffic, News Sponsorship Credits or Headliners. (2) Discount off current ratecard. No VID, no bonus. (3) Discount off current ratecard. No Branded Content, Sponsorships, Mobile Daily Blast, Google Adwords and other offnet activity. -
Radio Stations
Andrea Ayers, Sales Manager – [email protected] WVLK-AM 590 News-Talk 590/WVLK AM – 97.3 FM Covering the state of Kentucky border to border with the state’s most well- known talk show hosts and the area's largest news department, combined with world-wide resources...when news breaks out, we break in, instantly. Plus, if news affects your life, we'll be talking about it to you on the station potentially millions of Kentuckians depend on. Demos: Adults 35+, Men 35-64. K 92.9 The NEW Country Leader K 92.9 is Lexington's #1 station for country music with more than 50 minutes of music each hour, and 93 minute long stretches of music twice a day each weekday 92.9 reaches more Kentucky counties than any other Lexington radio station. Demos: Adults 25-54, Women 25-44. WXZZ-FM 103.3 THE Rock Station Lexington’s Pure Rock station! Join Twitch & Mary Jane in the Mornings, Music in the Middays and Monkey Boy on your ride home. Hits from the 70’s, 80’s, 90’s and today. All the pure rock artists like Creed, Aerosmith, Guns and Roses, Led Zeppelin and Linkin Park. Demos: Men 18-34, Adults 18-49, Men 21-54. HOT 102 WLTO-FM 102.5 HOT AC Lexington’s HOTTEST place for All the Hits! Join Lexington’s only Live Local Hit station with Afternoons with Patrick on your drive home. Hot 102 plays all of the hits and more than any other contemporary hit station in Lexington. -
Commercial Radio Reaches Almost 3.5M New Zealanders
EMBARGOED UNTIL 1PM (NZST) THURS APR 29 2021 Commercial Radio reaches almost 3.5m New Zealanders Total NZ Survey 1 2021 The New Zealand Commercial Radio Industry released the S1 2021 radio audience data into the market today and it reveals that over 3.7 million New Zealanders were listening to radio every week and almost 3.5 million of those listen to commercial radio stations. While 2020 saw declines of around 15% in radio revenue as the impacts of COVID were felt by the sector, audiences have held up in 2021. CEO of the Radio Broadcasters Association, Jana Rangooni, says "There is some irony in this for the industry as more and more New Zealanders of all ages turned to radio for trusted news, information, music and entertainment with most stations seeing cume increases from the same time last year." TRB GM Peter Richardson noted "The survey once again demonstrates radio’s ability to reach a critical mass of New Zealanders who listen to commercial radio each and every week. When one adds in the effectiveness of the medium and the ability to respond rapidly it is clear why radio remains an important medium for advertisers. In the last year, the Government’s COVID messaging has made good use of these strengths of radio.” TOTAL RADIO LISTENING 3.73 million people or 82% 82% of New Zealanders aged 10+, listen to of the New Zealand radio each week in Survey 1 2021. population aged 10+ tune in to radio each week COMMERCIAL RADIO LISTENING 3.47 million people or 76% of New Zealanders aged 10+, listen to 76% commercial radio each week in Survey 1 2021. -
Environmental Audit Reports
INFORMATION REGARDING ENVIRONMENTAL AUDIT REPORTS August 2007 VICTORIA'S AUDIT SYSTEM AUDIT REPORT CURRENCY An environmental audit system has operated in Audit reports are based on the conditions encountered Victoria since 1989. The Environmenf Profecfion Acf and information reviewed at the time of preparation 1970 (the Act) provides for the appointment by the and do not represent any changes that may have Environment Protection Authority (EPA Victoria) of occurred since the date of completion. As it is not environmental auditors and the conduct of possible for an audit to present all data that could be independent, high quality and rigorous environmental of interest to all readers, consideration should be audits. made to any appendices or referenced documentation An environmental audit is an assessment of the for further information. condition of the environment, or the nature and extent When information regarding the condition of a site of harm (or risk of harm) posed by an industrial changes from that at the time an audit report is process or activity, waste, substance or noise. issued, or where an administrative or computation Environmental audit reports are prepared by EPA- error is identified, environmental audit reports, appointed environmental auditors who are highly certificates and statements may be withdrawn or qualified and skilled individuals. amended by an environmental auditor. Users are Under the Act, the function of an environmental advised to check EPA's website to ensure the currency auditor is to conduct environmental audits and of the audit document. prepare environmental audit reports. Where an environmental audit is conducted to determine the PDF SEARCHABILITY AND PRINTING condition of a site or its suitability for certain uses, an environmental auditor may issue either a certificate or EPA Victoria can only certify the accuracy and statement of environmental audit. -
1 Exploring Digital Convergence Review
EXPLORING DIGITAL CONVERGENCE REVIEW SUBMISSION 1. Introduction 1.1 This submission on the Ministry for Culture and Heritage (MCH) and the Ministry of Business, Innovation & Employment (MBIE) Discussion Paper Exploring Digital Convergence – Issues for Policy and Legislation (Discussion Paper) is made on behalf of Maori Television, Media Works, New Zealand Media & Entertainment and Television New Zealand (collectively referred to in this submission as Broadcasters.) 1.2 This submission also addresses (where relevant) issues raised in the MBIE Discussion Paper Regulating Communications for the Future – Review of the Telecommunications Act 2001 (Telecommunications Paper). 1.3 Māori Television is New Zealand’s indigenous broadcaster, providing a wide range of local and international programmes for audiences across the country and online. Maori television’s vision is for Māori language to be valued, embraced and spoken by all. Launched in 2004, Māori Television has two key long-term objectives: (a) to significantly contribute to the revitalisation of the Māori language; and (b) to be an independent Māori television service that is relevant, effective and widely accessible 1.4 MediaWorks TV and Radio (MediaWorks) is a cross-platform media company, providing news and entertainment content across TV, radio and digital properties. MediaWorks TV operates three free to air channels, TV3, FOUR and Edge TV. MediaWorks Radio has a large number of key commercial radio stations throughout New Zealand (prominent brands include The Rock, More FM, The Edge, Mai FM, George FM and Radio Live). MediaWorks also has a number of websites, including a news website, entertainment and music websites, and a video on-demand service. -
Total Nz Commercial Radio
EMBARGOED UNTIL 1PM (NZST) THURS JULY 5 2018 TOTAL NZ COMMERCIAL RADIO - SURVEY 2 2018 Station Share (%) by Demographic, Mon-Sun 12mn-12mn Survey Comparisons: 1/2018 - 2/2018 This Survey Period: Metro - Sun Jan 28 to Sat Jun 16 2018 / Regional - Sun Jul 2 to Sat Nov 18 2017 & Sun Jan 28 to Sat Jun 16 2018 (Waikato - Sun Aug 21 to Sat Oct 22 2016 & Sun Jan 29 to Sat Jun 17 & Sun Jul 2 to Sat Sep 9 2017) Last Survey Period: Metro - Sun Sep 10 (Well - Sun Sep 17) to Sat Nov 18 2017 & Sun Jan 28 to Sat Apr 7 2018 / Regional - Sun Apr 9 to Sat Jun 17 & Sun Jul 2 to Sat Nov 18 2017 & Sun Jan 28 to Sat Apr 7 2018 (Waikato - Sun Aug 21 to Sat Oct 22 2016 & Sun Jan 29 to Sat Jun 17 & Sun Jul 2 to Sat Sep 9 2017) All 10+ People 10-17 People 18-34 People 25-44 People 25-54 People 45-64 People 55-74 MGS with Kids This Last +/- Rank This Last +/- This Last +/- This Last +/- This Last +/- This Last +/- This Last +/- This Last +/- Network Breeze 8.0 8.2 -0.2 3 6.9 5.9 1.0 5.5 6.1 -0.6 6.9 7.3 -0.4 7.9 8.4 -0.5 9.9 10.2 -0.3 10.8 10.0 0.8 8.3 8.7 -0.4 Network Coast 7.0 7.0 0.0 5 2.8 2.1 0.7 1.4 1.3 0.1 2.2 2.1 0.1 3.6 3.4 0.2 8.8 8.3 0.5 13.2 13.2 0.0 3.6 4.3 -0.7 Network The Edge 6.1 6.6 -0.5 7 15.9 19.8 -3.9 10.7 11.0 -0.3 8.0 8.1 -0.1 6.6 6.8 -0.2 3.5 3.6 -0.1 2.1 1.8 0.3 8.0 8.5 -0.5 Network Flava 2.3 2.2 0.1 14 6.3 5.3 1.0 5.4 4.9 0.5 3.7 3.5 0.2 2.6 2.5 0.1 0.3 0.4 -0.1 0.1 0.1 0.0 2.8 2.6 0.2 Network George FM 1.4 1.8 -0.4 17 1.8 1.7 0.1 2.8 4.0 -1.2 2.6 3.6 -1.0 2.0 2.8 -0.8 0.6 0.8 -0.2 0.2 0.1 0.1 0.8 1.0 -0.2 Network Hokonui 0.3 0.3 0.0 23 -
2018 Winners & Finalists
2018 WINNERS & FINALISTS Associated Craft Award Winner MediaWorks Trade Marketing Team Jessica Knox, Cathy Fali, Alex Jolly, Isaiah Tour, Megan Leach, Emily Hargest MediaWorks Radio Finalists MediaWorks Radio Integration Team Danielle Tolich, Nikki Flint, Rob Dickey, Nicki Covich, Morgan Penn MediaWorks Radio NZME Group Creative Team Justine Black, Jon Coles, Tracey Fox, Ashleigh van Graan, Fraser Tebbutt, John NZME Radio Brands Pelasio, Nicola Milliner, Kayoung Lee,Abbie-Rose Foley, Michael Pati Fuiava, Lincoln Putnam Best Children's Programme Winner The Crazy Kiwi Christmas Kids Show Phil Guyan, Bjorn Brickell, Dayna Vawdrey, Levi Guyan, Daryl Habraken, Phil Christian Broadcasting Assoc & NZME Yule, Chris Newbold, Erin Carpenter, Colin Cassidy, Steph Couch, Jacinda Ardern, Mike Hosking, Kerre McIvor Finalists That's The Story Ronnie Mackie, Zoe Nash, Cameron Nash, Chris Hitchcock, Kate Carey, Carol Radio Rhema Green, John Martin, Hebron College, Racheal Joel, Linda Tomikino, Rachel Hamilton Suzy & Friends Suzy Cato, Trevor Plant, Phil Yule, Brent Holt Treehut Limited Best Community Access Programmes Best Music Programme in Any Language Winner Lekker Stuff Karisma Nel Free FM 89.0 Finalist Desi Boys Party Time Vinesh Prakash, Rajneeta Chand, Avi Kumar, Krish Krishna, Shahil Sharan, Plains FM 96.9 Akshay Reddy Best Spoken/ Informational Programme in any Language Winner Heritage Matters Bill Southworth, Dougal Stevenson, Jane Edwards, Judy Southworth, Keith 105.4 FM Scott, Anne Barrowclough, Richard Stedman Finalists Safe and Sound Radio -
Taranaki Commercial Radio
EMBARGOED UNTIL 1PM (NZST) THURS APR 29 2021 TARANAKI COMMERCIAL RADIO - SURVEY 1 2021 Station Share (%) by Demographic, Mon-Sun 12mn-12mn Survey Comparisons: 4/2020 - 1/2021 This Survey Period: Sun Jan 19 to Sat Mar 28 2020 & Sun Jul 19 to Sat Nov 14 2020 & Sun Jan 31 to Sat Apr 10 2021 Last Survey Period: Sun Aug 25 to Sat Nov 2 2019 & Sun Jan 19 to Sat Mar 28 2020 & Sun July 19 to Sat Nov 14 2020 All 10+ People 10-24 People 18-39 People 25-44 People 25-54 People 45-64 People 55-74 MGS with Kids This Last +/- Rank This Last +/- This Last +/- This Last +/- This Last +/- This Last +/- This Last +/- This Last +/- Breeze 6.9 7.8 -0.9 9 5.3 4.7 0.6 10.9 10.4 0.5 10.1 10.3 -0.2 9.0 9.1 -0.1 7.0 7.7 -0.7 5.7 8.5 -2.8 10.3 9.6 0.7 Coast 9.7 9.7 0.0 4 0.1 0.2 -0.1 3.6 3.4 0.2 3.9 3.6 0.3 4.8 4.6 0.2 8.6 10.5 -1.9 16.3 16.0 0.3 3.5 3.8 -0.3 Edge 7.1 7.8 -0.7 8 23.8 28.9 -5.1 12.7 15.5 -2.8 9.0 10.0 -1.0 8.5 9.6 -1.1 4.0 4.4 -0.4 1.0 0.7 0.3 10.5 13.5 -3.0 Life FM 1.0 0.9 0.1 12 0.6 0.5 0.1 1.8 2.1 -0.3 1.7 2.0 -0.3 1.3 1.4 -0.1 1.1 0.7 0.4 1.2 0.5 0.7 1.9 1.2 0.7 Magic Music 8.4 7.3 1.1 6 1.4 1.3 0.1 1.3 1.2 0.1 0.7 0.7 0.0 2.0 2.0 0.0 8.8 7.6 1.2 17.2 14.0 3.2 5.7 5.5 0.2 More FM 8.6 9.5 -0.9 5 6.7 6.1 0.6 6.1 5.8 0.3 8.5 8.0 0.5 11.7 10.7 1.0 11.5 11.9 -0.4 6.2 9.9 -3.7 17.0 14.8 2.2 Newstalk ZB 12.1 11.8 0.3 2 2.3 2.0 0.3 3.1 2.8 0.3 3.2 3.1 0.1 5.2 5.6 -0.4 8.8 7.9 0.9 15.6 14.7 0.9 3.8 4.3 -0.5 Radio Hauraki 3.1 3.3 -0.2 10 0.6 0.8 -0.2 7.2 7.9 -0.7 8.2 9.0 -0.8 5.8 6.4 -0.6 1.9 2.0 -0.1 1.4 1.3 0.1 5.7 6.2 -0.5 Rhema 0.5 0.6 -0.1 13 0.1 -
Newstalk Zb Widens Gap to Radio Live Zm’S Fletch Vaughan and Megan Beats the Edge’S Jay-Jay, Mike and Dom^
Media Release for Immediate Release – 2 October 2015 NEWSTALK ZB WIDENS GAP TO RADIO LIVE ZM’S FLETCH VAUGHAN AND MEGAN BEATS THE EDGE’S JAY-JAY, MIKE AND DOM^ 2 October 2015 – The results of the independent TNS New Zealand Commercial Radio Survey 2/2015 are in and Mediaworks has decreased their 18-54 audience by 46,600# listeners, NZME has gained 6,300#. Newstalk ZB has increased the gap##### over Radio Live and Hosking has maintained his share nationally at a stellar 16.7% versus his Paul Henry on 5.8%**. Hosking has also grown his 25-54 to 8.2%**. Newstalk ZB’s gap also widened in Drive time with Duncan Garner losing listeners and Larry Williams gaining them in the key 25-54 demographic. Here, Garner’s audience decreased (4,500) and Williams increased (10,500)###. Williams now has more than double the listeners than Garner###. Dean Buchanan, Managing Director NZME Radio says, “We’re rapt with today’s results. Newstalk ZB will just continue to strengthen further with Marcus Lush joining the Newstalk ZB team, hosting the Night Show from January.” Why is Newstalk ZB so dominant? - Top talent who continue to innovate which is even further demonstrated in their digital and social audience engagement. - Our strategy is very clear that we have channel experts tailoring the right content to the right channels and not same content different channels. ZM Breakfast has had a huge win beating The Edge Breakfast with the most listeners in the critical 18- 39 audience####. “To have an increased share and number of listeners now tuning into ZM reflects on the terrific team ZM are becoming.