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Document De Référence 2013 Vivendi

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Document De Référence 2013 Vivendi RAPPORT ANNUEL DOCUMENT DE RÉFÉRENCE 2013 SOMMAIRE Profi l du groupe | Activités | Litiges | Facteurs de risques 03 1 1. Profi l du groupe 05 2 Activités 15 3. Litiges 35 4. Facteurs de risques 42 Informations sociétales, sociales et environnementales 47 2 1. Politique de responsabilité sociétale de l’entreprise (RSE) 48 2. Informations sociétales 54 3. Informations sociales 71 4. Informations environnementales 88 5. Vérifi cation des informations extra-fi nancières 96 Informations concernant la société | Gouvernement d’entreprise | Rapports 103 3 1. Informations générales concernant la société 104 2. Informations complémentaires concernant la société 105 3. Gouvernement d’entreprise 120 4. Rapport du Président du Conseil de surveillance de Vivendi sur le gouvernement d’entreprise, le contrôle interne et la gestion des risques – exercice 2013 161 5. Rapport des Commissaires aux comptes , établi en application de l’article L. 225-235 du Code de commerce, sur le rapport du Président du Conseil de surveillance de la société Vivendi SA 171 Rapport fi nancier | Rapport des Commissaires aux comptes sur les comptes 4 consolidés | Etats fi nanciers consolidés | Rapport des Commissaires aux comptes sur les comptes annuels | Comptes annuels de Vivendi SA 173 Chiffres clés consolidés 174 I - Rapport fi nancier de l’exercice 2013 175 II - Annexes au rapport fi nancier : Données fi nancières complémentaires non auditées 204 III - Etats fi nanciers consolidés de l’exercice clos le 31 décembre 2013 208 IV - Comptes annuels 2013 de Vivendi SA 326 5 Evénements récents | Perspectives d’avenir 371 1. Evénements récents 372 2. Perspectives d’avenir 373 Responsable du Document de référence | Attestation du Responsable 6 du Document de référence | Responsables du contrôle des comptes 375 1. Responsable du Document de référence 376 2. Attestation du Responsable du Document de référence 376 3. Responsables du contrôle des comptes 377 Table de concordance 378 RAPPORT ANNUEL DOCUMENT DE RÉFÉRENCE 2013 Le présent Document de référence a été déposé auprès de l’Autorité des marchés financiers le 14 avril 2014, conformément à l’article 212-13 de son Règlement général. Il pourra être utilisé à l’appui d’une opération fi nancière s’il est complété par une note d’opération visée par l’Autorité des marchés fi nanciers. Ce document a été établi sous la responsabilité de l’émetteur et engage la responsabilité de ses signataires. SECTION 1 Profi l du groupe 05 2.3. GVT 24 2.3.1. Stratégie / Positionnement 24 1.1. Organigramme économique simplifi é du groupe 05 2.3.2. Produits et services 25 2.3.3. Marché et distribution 25 1.2. Chiffres clés 06 2.3.4. Réseau 26 Chiffre d’affaires par activité 06 2.3.5. Faits marquants 2013 26 Chiffre d’affaires par zone géographique 06 2.3.6. Environnement réglementaire 27 Résultat opérationnel ajusté par activité 07 2.3.7. Concurrence 27 Résultat net, part du groupe et résultat net ajusté 07 2.3.8. Recherche et développement 28 Résultat net ajusté par action 08 Endettement fi nancier net et capitaux propres 08 2.4. Autres activités 28 Effectif par activité 09 2.4.1. Billetterie 28 Effectif par zone géographique 09 2.4.2. Wengo 28 2.4.3. Watchever 29 1.3. Stratégie 10 1.3.1. La concrétisation de la revue stratégique 10 2.5. SFR 29 1.3.2. Les atouts de Vivendi pour devenir une référence mondiale 2.5.1. Stratégie / Positionnement 29 dans les médias 11 2.5.2. Performances et services 30 2.5.3. Marché 31 1.4. Politique de communication fi nancière 2.5.4. Réseau 31 et création de valeur 12 2.5.5. Faits marquants 2013, responsabilité et engagements 32 1.4.1. Politique d’investissement 12 2.5.6. Environnement réglementaire 33 1.4.2. Politique de communication fi nancière 12 2.5.7. Piraterie 33 1.4.3. Création de valeur en 2013 13 2.5.8. Concurrence 33 1.5. Assurances 14 2.5.9. Recherche et développement 33 1.5.1. Dommages et pertes d’exploitation 14 2.6. Activités cédées ou en cours de cession 34 1.5.2. Responsabilité civile 14 2.6.1. Activision Blizzard 34 1.5.3. Accidents du travail 14 2.6.2 . Maroc Telecom 34 1.6. Investissements 14 2.7. Variations saisonnières des activités du groupe 34 2.8. Matières premières utilisées par les activités du groupe 34 SECTION 2 Activités 15 2.1. Groupe Canal+ 15 2.1.1. Stratégie / Positionnement 15 SECTION 3 Litiges 35 2.1.2. Télévision payante en France 15 Litiges Vivendi 35 2.1.3. Télévision gratuite 16 2.1.4. Télévision payante à l’international 17 Litiges concernant les fi liales de Vivendi 39 2.1.5. Autre activité 17 2.1.6. Faits marquants 2013 18 2.1.7. Environnement réglementaire 18 SECTION 4 Facteurs de risques 42 2.1.8. Piraterie 19 2.1.9. Concurrence 19 Risques juridiques 42 2.1.10. Recherche et développement 20 Risques liés aux activités du groupe 43 2.2. Universal Music Group 21 Risques industriels ou liés à l’environnement 44 2.2.1. Stratégie / Positionnement 21 Risques liés à la conjoncture économique 2.2.2. Musique enregistrée 21 et fi nancière actuelle 44 2.2.3. Edition musicale 22 2.2.4. Merchandising 22 Risques de marché 44 2.2.5. Faits marquants 2013 22 2.2.6. Environnement réglementaire 23 2.2.7. Piraterie 23 2.2.8. Concurrence 23 2.2.9. Recherche et développement 23 02 Rapport annuel - Document de référence - 2013 - VIVENDI 1 Profi l du groupe | Activités | Litiges | Facteurs de risques Rapport annuel - Document de référence - 2013 - VIVENDI 03 04 Rapport annuel - Document de référence - 2013 - VIVENDI Profi l du groupe | Activités | Litiges | Facteurs de risques Organigramme économique simplifi é du groupe 1 SECTION 1 Profil du groupe 1.1. Organigramme économique simplifi é du groupe Taux de contrôle au 31 décembre 2013 Maroc Groupe Canal+ (1) Universal GVT Autres SFR Music Group Activités Telecom (2)(3) 100 % 100 % 100 % 100 % 53 % Société d’édition Studiocanal de Canal Plus (2) 49 % 100 % Digitick Mauritel 100 % 51 % i>Télé Multithématiques 100 % 100 % See Tickets Onatel 100 % 51 % D8 100 % Canal+ Régie 100 % Wengo Gabon Télécom 100 % D17 51 % 100 % Watchever 100 % Sotelma Canal+ Overseas 51 % 100 % nc+ 51 % VSTV 49 % (1 ) Le 5 novembre 2013, Vivendi a acquis auprès de Groupe Lagardère sa participation de 20 % au capital de Canal+ France. Pour plus d’informations sur cette opération, voir section 1.1.4. du Rapport fi nancier du chapitre 4. (2) Société cotée. (3) En cours de cession. Pour plus d’informations, voir section 1.1.3. du Rapport fi nancier du c hapitre 4. Rapport annuel - Document de référence - 2013 - VIVENDI 05 Profi l du groupe | Activités | Litiges | Facteurs de risques 1 Chiffres clés 1.2. Chiffres clés A compter du deuxième trimestre 2013 et en application de la norme IFRS 5, Activision Blizzard et le groupe Maroc Telecom sont présentés dans le compte de résultat consolidé de Vivendi comme des activités cédées ou en cours de cession. En pratique, les produits et charges de ces deux métiers sont comptabilisés comme suit : leur contribution, jusqu’à leur cession effective, le cas échéant, à chaque ligne du compte de résultat consolidé de Vivendi (avant intérêts minoritaires) est regroupée sur la ligne « Résultat net des activités cédées ou en cours de cession » ; conformément à la norme IFRS 5, ces retraitements sont appliqués à l’ensemble des périodes présentées afi n de rendre l’information homogène ; leur quote-part de résultat net est exclue du résultat net ajusté de Vivendi. Chiffre d’affaires par activité au 31 décembre – en millions d’euros 25 000 2013 2012 20 000 Groupe Canal+ (a) 5 311 5 013 Universal Music Group (b) 4 886 4 544 GVT 1 709 1 716 15 000 Autres 72 66 Elimination des opérations intersegments (17) (26) Médias & Contenus 11 961 11 313 10 000 SFR 10 199 11 288 Elimination des opérations intersegments relatives à SFR (25) (24) TOTAL 22 135 22 577 5 000 (a) Y compris D8 et D17, consolidées depuis le 27 septembre 2012, et « n », consolidé depuis le 30 novembre 2012. (b) Y compris EMI Recorded Music, consolidé depuis le 28 septembre 2012. 0 2012 Chiffre d’affaires par zone géographique au 31 décembre – en millions d’euros 2013 2012 France 14 662 15 664 Reste de l’Europe 2 465 2 204 E tats-Unis 1 883 1 594 2013 2012 Brésil 1 776 1 776 Reste du monde 1 349 1 339 TOTAL 22 135 22 577 06 Rapport annuel - Document de référence - 2013 - VIVENDI Profi l du groupe | Activités | Litiges | Facteurs de risques Chiffres clés 1 Résultat opérationnel ajusté par activité au 31 décembre – en millions d’euros 3 500 2013 2012 Groupe Canal+ (a) 611 663 3 000 Universal Music Group (b) 511 526 GVT 405 488 2 500 Autres (80) (14) Holding & Corporate (87) (100) Médias & Contenus 1 360 1 563 2 000 SFR 1 073 1 600 TOTAL 2 433 3 163 1 500 (a) Y compris D8 et D17 , consolidées depuis le 27 septembre 2012, et « n », consolidé depuis le 30 novembre 2012. (b) Y compris EMI Recorded Music, consolidé depuis le 28 septembre 2012. 1 000 500 Vivendi considère le résultat opérationnel ajusté, mesure à caractère non strictement comptable, comme une mesure de la performance des secteurs opérationnels présentés dans l’information sectorielle. Le mode de calcul du résultat opérationnel ajusté élimine l’incidence comptable de l’amortissement 0 des actifs incorporels liés aux regroupements d’entreprises, des dépréciations des écarts d’acquisition 2013 2012 et autres actifs incorporels liés aux regroupements d’entreprises, et des autres produits et charges liés aux opérations d’investissements fi nanciers et aux opérations avec les actionnaires.
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