Emerging Forms of Globalization Dialectics: “Interlocalization,” a New Praxis of Power and Culture in Commercial Media and Development Communication
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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. -
Adjusted Operating Income (Ebita)
2020 RESULTS MARCH 4, 2021 CONTENTS 1 Summary 3 2 Business review 17 3 Appendixes 29 2 1 SUMMARY 3 SUMMARY OF 2020 EARNINGS in millions of euros 2020 2019 Change ▪ Good results for all business lines despite the Revenue 24 109 24 843 (3%) pandemic. EBITDA (1) 3 265 2 913 12% Adjusted operating income: up 25% (+23% at constant scope and exchange rates) Adjusted operating income (EBITA(1)) 2 043 1 634 25% Bolloré Transportation & Logistics 607 637 (5%) Communications 1 627 1 526 7% Electricity Storage and Systems (102) (434) 76% ▪ Net income, Group share: +79%. Net income 1 563 1 408 11% This does not include the gain on the sale of 10% of the share capital of UMG on March 31, 2020, on Net income group share 426 237 79% the basis of an enterprise value of €30 billion for 100% of UMG. The sale was recognized in equity in the amount of €2.8 billion. ▪ Continued reduction in Bolloré's debt, excluding Net debt 9 136 8 720 415 Vivendi. o/w Bolloré excl. Vivendi 4 183 4 656 -473 ▪ Continued high level of liquidity of €9.2 billion at January 31, 2021, including €2.9 billion at Bolloré Gearing 35% 34% level. ▪ Proposed dividend: €0.06 (including €0.02 interim already paid in September 2020). (1) See glossary 4 GROUP STRUCTURE: ▪ Universal Music Group ▪ Sale of 20% of UMG to a Tencent-led consortium 10% on March 31, 2020 for €2,842 million based on an enterprise value of €30 billion for 100% of UMG and another 10% on January 29, 2021 for €2,847 million. -
To Download a PDF of an Interview with Jaleh Bradea, Chief Diversity
DIVERSITY & INCLUSION The Power of Individuality An Interview with Jaleh Bradea, Chief Diversity and Inclusion Offi cer, Vivendi SA EDITORS’ NOTE Jaleh Bradea has in our group. We can now see that, in With so many companies under the served as a TV producer on major order to be creative, innovative and Vivendi umbrella, is it important to have a French TV channels with a focus able to adapt to the changing expec- consistent, seamless D&I program or is it on women-related content and as tations of our clients, we have to be customized based on the different brand director of the audiovisual depart- diverse. cultures and businesses? ment at a successful telecommu- You mentioned diversity, I think it’s both. All these companies exist nication startup. In 2014, she inclusion, and belonging. How do without Vivendi itself. They have their own started working on Corporate Social these three areas relate to each successful businesses. They have their own HR Responsibility (CSR) initiatives at other? and, sometimes, even their own CSR. However, Canal+ Group. Bradea also works If you take a picture of the world, we have common initiatives led by Vivendi such with the French media regulator to it represents diversity. But what are as a CSR Committee. More recently, we created promote a fair representation of eth- you going to do with that diversity? a Diversity Committee where we share the best nicity, gender, and minority com- Jaleh Bradea This becomes inclusion. Belonging is practices in D&I from all the companies and munities in the French media. -
Amendment to the 2020 Universal Registration Document
AMENDMENT TO THE 2020 UNIVERSAL REGISTRATION DOCUMENT including the 2021 Interim Financial Report The Amendment to the Universal Registration Document was filed on 26 July 2021 with the AMF as competent authority under Regulation (EU) 2017/1129 without prior approval pursuant to Article 9 of said Regulation. The Universal Registration Document may be used for the purposes of an offer to the public of securities or admission of securities to trading on a regulated market if approved by the AMF, together with any amendments, if applicable, and a securities note and summary, in accordance with Regulation (EU) 2017/1129. This Amendment updates, and should be read in conjunction with, the 2020 Universal Registration Document filed with the AMF on 29 April 2021 under number D.21-0385. The Amendment contains a cross-reference table allowing readers to easily locate information incorporated by reference and information that has been updated or amended. The 2020 Universal Registration Document together with this Amendment are available on the corporate website of Lagardère SA (www.lagardere.com) in the Shareholders and Investors/Regulatory Information section, as well as on the website of the AMF (www.amf-france.org). CONTENTS 1 2021 INTERIM MANAGEMENT REPORT ........................................................... 5 2 2021 CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS ..... 18 3 STATUTORY AUDITORS’ REVIEW REPORT ON THE HALF-YEARLY FINANCIAL INFORMATION ........................................................................... 60 4 CORPORATE GOVERNANCE ........................................................................ 62 5 ADDITIONAL INFORMATION ....................................................................... 138 This English version of this document has been prepared for the convenience of English-speaking readers. It is a translation of the original French Amendment to the 2020 Universal Registration Document. It is intended for general information only and in case of discrepancies the French original shall prevail. -
Bonne Progression Du Chiffre D'affaires Du Groupe Au Premier
COMMUNIQUÉ DE PRESSE Information financière du premier trimestre 2021 Le 22 avril 2021 Bonne progression du chiffre d’affaires du Groupe au premier trimestre 2021 : 6 102 millions d’euros, en hausse de 6 % à périmètre et taux de change constants Chiffre d’affaires du premier trimestre 2021 A périmètre et taux de change constants, le chiffre d’affaires du premier trimestre 2021 du Groupe est en progression de 6 % à 6 102 millions d’euros. Cette évolution intègre principalement : . ❖ une croissance de 15 % de l’activité transport et logistique grâce à la commission de transport notamment portée par la hausse des volumes et des taux de fret dans le trafic aérien et maritime. La contraction des activités logistiques en Afrique est en grande partie compensée par la bonne marche de l’activité des concessions portuaires ; ❖ le retrait de 10 % de l’activité logistique pétrolière en raison de la baisse des prix des produits pétroliers et des volumes vendus ; ❖ la progression des activités communication (+5 %) portée essentiellement par la croissance d’Universal Music Group (+9 %) et d’Editis (+40 %) ; ❖ la progression de l’activité stockage d’électricité et systèmes (+24 %) principalement grâce à la croissance de Blue Solutions et BlueBus. En données publiées, le chiffre d’affaires progresse de 2 % par rapport au chiffre d’affaires du premier trimestre 2020, compte tenu d’effets de change défavorables de -213 millions d’euros et d’un effet de périmètre de +20 millions d’euros. Page 1 Évolution du chiffre d’affaires par activité (en millions d’euros) -
Introduction the Creative and Cultural Professions in the EU 2020 Strategy
European Economic and Social Committee The creative and cultural professions in the EU 2020 Strategy Short bio of the speakers & moderators and some contributions Conference at the EESC on 14 October 2013 Introduction Hilde van Laere, Consultative Commission on Industrial Change, EESC Hilde van Laere has been a delegate of the European Economic and Social Committee (Belgian representation) since December 2010. She works for the Consultative Commission on Industrial Change (CCMI). She previously was management adviser for the Deboeck group of FEP-FEE (European publishers). Rachid Madrane, Minister of Culture and of Social Services for the COCOF Rachid Madrane is a member of the Belgian French-speaking socialist party, currently Minister of the COCOF (French community commission) in charge of Social Services, Professional Training, Culture, and External Relations, as well as Minister of Brussels Region in charge of Urbanism and Public Hygiene. Julek Jurowicz, Managing Director of SMartEu Julek Jurowicz graduated as electrical engineer (1972) and commercial engineer (1973) at Université Libre de Bruxelles. From 1990 he specialised in the field of international taxes and worked as a consultant. In 1998 he co-founded SMart a.s.b.l. and has since been the managing director of the SMart group. Denis Stokkink, Chairman of Pour la Solidarité European Think Tank Denis Stokkink is an economist. His professional experience is rich and varied and includes working for the Belgian Minister of Employment. In 2002, he became President of the European Think Tank Pour la Solidarité, which is an organisation dedicated to promoting solidarity and diversity-based policy in Europe. Denis Stokkink also chairs a number organisations in Europe and is a lecturer at several institutions in Belgium and France. -
Glocal Forum Presentation
GLOCAL FORUM PRESENTATION UN HABITAT EXPERT GROUP MEETING ON STRATEGIES FOR CREATING URBAN YOUTH EMPLOYMENT : Solution for Urban Youth in Africa I - Glocal Forum experience on youth and governance 1. Glocal Forum The Glocal Forum is a Non-Governmental Organization created in 2001 working for a new balance between global and local forces by emphasizing the central role of cities in the world. Our vision, glocalization, is an innovative strategy focusing on global issues by empowering local communities. It is a reform of globalization that encourages global powers to have a broader respect for local powers and cultural diversity. Led by its president, Ambassador Uri Savir, the Glocal Forum promotes peacebuilding and development activities through city-to-city relationships, youth empowerment and information communication technology. The Glocal Forum believes that cities have a central role in international relations and that mayors are poised to become the new diplomats of our world. City leaders have the advantage of mobilizing the good will, energy and expertise of their civil societies to contribute to peaceful dialogue and cultural exchange. The organization supports city-to-city networks by connecting them to the resources of the private and public sector. The Glocal Forum utilizes this global coalition of international organizations and private sector companies to harness resources and address local needs. A primary goal of city-to-city cooperation is to build an environment in which divisions caused by conflict and hatred can be bridged with harmony and coexistence. The Glocal Forum uses the city- to-city model as a fresh approach to brokering peace in the Middle East. -
Fall 2011, KER202 Martin Hilbert Office Hours: by Appointment; Mhilbert [At] Usc.Edu
CMGT 582- Communication for International Development Fall 2011, KER202 Martin Hilbert Office hours: by appointment; mhilbert [at] usc.edu Course description: This course builds on two main concepts: Development: We are usually quick to note that we live in a global communication landscape, but we all too often do not pay enough attention to the fact that 82% of this world is living in conditions that are quite different from ours: the developing world. Half of the human population lives with less than US$2.50 per day, making that a monthly income of less than US$75 for every second member of our global information society. This does not only matter for those who are poor, but shapes the global communication landscape as a whole. We still start with reviewing the multiple dimensions of development. We will discuss questions like: What is development? Is poverty merely a matter of economic well-being? What are the driving forces behind development? What are the dynamics and interplay between developed and developing societies? What is and what can the international community (like the United Nations, World Bank, global NGOs) do about it? We will spend most of the time discussing the question: What is the role of communication as a building block for the development of a society? Digital innovation: At the same time, the introduction of digital ICT (Information and Communication Technologies) changes the lives of all people around the globe (directly or indirectly). In less than two decades, 2 out of 5 people worldwide have linked up through the Internet, and 4 out of 5 have connected with mobile telephony. -
Lana Turner Journal
LanaTurner No. 11. Art by Ashwini Bhat, Judith Belzer, BrianShields... LANA TURNER a journal of poetry & opinion #11 by Alain Badiou, Joyelle McSweeney, Essays Display until February Amge Mlinko, Andrew Joron, Farid Matuk... 24, 2018 Poetry by Jorie Graham,Rae Armantrout, Reina Mariía Rodríguez, Aditi Machado, Jacek Guturow... 1 2 Lana Turner a journal of poetry & opinion, no. 11 editors: calvin bedient & david lau Lana Turner: a Journal of Poetry & Opinion is published annually, usually in early November. Price, US $15. To purchase number 11 and see other options, please visit our website, LanaTurnerJournal.com. We accept electronic submissions only; send to [email protected], and only during the months of January, February, and March. We prefer poems in one attachment, with the author’s name at the beginning of the title. No PDF’s, please, unless accompanied by a Word document. Newsstand & select bookstore distribution through Disticor Magazine Distribution Service (disticor.com). Please ask your favorite independent bookstore to order the magazine. Lana Turner™ is a trademark of The Lana Turner Trust, licensed by CMG Worldwide: www.CMGWorldwide.com. Our thanks to David Cormier for the pre-flight wrap-up. Kelley Lehr read copy. ISSN 1949 212X 1 Contents Number eleven 1. Poems Introduction: Writing the Between (6) Aditi Machado, 11 Mary Cisper, 68 Andrew Zawacki, 17 Paul Eluard (Carlos Lara, translator), 72 Jamie Green, 21 Karleigh Frisbie, 77 Douglas Kearney, 26 Michael Farrell, 82 Susan McCabe, 31 C L Young, 85 Mars Tekosky, 34 Felicia Zamora, 90 Kevin Holden, 40 Peter Eirich, 94 Mark Anthony Cayanan, 47 Jonathan Stout, 96 Mark Francis Johnson, 53 Engram Wilkinson, 98 Jacek Gutorow (Piotr Florczyk, Joseph Noble, 100 translator), 60 2. -
Listening to Everett Rogers: Diffusion of Innovations and WAC Stephanie Vanderslice University of Central Arkansas
22 Language and Learning Across the Disciplines Listening to Everett Rogers: Diffusion of Innovations and WAC Stephanie Vanderslice University of Central Arkansas In “The Future of WAC” (1996), Barbara E. Walvoord suggests framing the history and future of the writing-across-the-curriculum move- ment according to social movement theory (58), explaining that WAC qualifies as a movement because of its “change agenda and its collective nature—faculty talking to one another, moving to effect reform” (58). Con- sequently, she proposes that her evaluation of WAC’s progress at the 25 year mark and her re-envisioning of its future within this movement frame will uniquely reveal its “characteristics, strengths, and problems in ways that may help us think creatively about them” (61). Certainly creativity may be the order of the day as the WAC move- ment, in spite of its successes, struggles to maintain its vitality and visibil- ity against the perennially resistant landscape of academe. Such resis- tance, educational reform scholar Parker J. Palmer reminds us, (though few at the front lines of the WAC movement need reminding) will remain an essential feature of the academy as long as teaching “retains low status... tenure decisions favor those who publish, [and] scarce dollars. .always go to research” (10). These conditions result in a “constitutional gridlock” which breeds the “mood of resignation. .and despair” so familiar to those seeking reform (10). Walvoord’s review of WAC’s progress from a social movement per- spective turns the literature in an important direction. By providing the template of social movement theory against which to examine their suc- cesses and failures, WAC proponents are forced to take a more analytical approach to their subject, an approach that transcends the more anec- dotal “what works and what doesn’t” scholarship that has dominated writing-across-the-curriculum, especially in its early and middle years. -
A Summary of Diffusion of Innovations
Les Robinson | Phone 0414 674 676 | Email [email protected] Web www.enablingchange.com.au | Blog http://enablingchange.posterous.com A summary of Diffusion of Innovations Les Robinson Fully revised and rewritten Jan 2009 Diffusion of Innovations seeks to explain how innovations are taken up in a population. An innovation is an idea, behaviour, or object that is perceived as new by its audience. Diffusion of Innovations offers three valuable insights into the process of social change: - What qualities make an innovation spread successfully. - The importance of peer-peer conversations and peer networks. - Understanding the needs of different user segments. These insights have been tested in more than 6000 research studies and field tests, so they are amongst the most reliable in the social sciences. What qualities make innovations spread? Diffusion of Innovations takes a radically different approach to most other theories of change. Instead of focusing on persuading individuals to change, it sees change as being primarily about the evolution or “reinvention” of products and behaviours so they become better fits for the needs of individuals and groups. In Diffusion of Innovations it is not people who change, but the innovations themselves. Why do certain innovations spread more quickly than others? And why do others fail? Diffusion scholars recognise five qualities that determine the success of an innovation. This work is licensed under the Creative Commons Attribution-Noncommercial-No Derivative Works 2.5 Australia License. To view a copy of this license visit http://creativecommons.org/licenses/by-nc-nd/2.5/au/deed.en Attribution should be made to “Les Robinson www.enablingchange.com.au”. -
List of Participants to the Third Session of the World Urban Forum
HSP HSP/WUF/3/INF/9 Distr.: General 23 June 2006 English only Third session Vancouver, 19-23 June 2006 LIST OF PARTICIPANTS TO THE THIRD SESSION OF THE WORLD URBAN FORUM 1 1. GOVERNMENT Afghanistan Mr. Abdul AHAD Dr. Quiamudin JALAL ZADAH H.E. Mohammad Yousuf PASHTUN Project Manager Program Manager Minister of Urban Development Ministry of Urban Development Angikar Bangladesh Foundation AFGHANISTAN Kabul, AFGHANISTAN Dhaka, AFGHANISTAN Eng. Said Osman SADAT Mr. Abdul Malek SEDIQI Mr. Mohammad Naiem STANAZAI Project Officer AFGHANISTAN AFGHANISTAN Ministry of Urban Development Kabul, AFGHANISTAN Mohammad Musa ZMARAY USMAN Mayor AFGHANISTAN Albania Mrs. Doris ANDONI Director Ministry of Public Works, Transport and Telecommunication Tirana, ALBANIA Angola Sr. Antonio GAMEIRO Diekumpuna JOSE Lic. Adérito MOHAMED Adviser of Minister Minister Adviser of Minister Government of Angola ANGOLA Government of Angola Luanda, ANGOLA Luanda, ANGOLA Mr. Eliseu NUNULO Mr. Francisco PEDRO Mr. Adriano SILVA First Secretary ANGOLA ANGOLA Angolan Embassy Ottawa, ANGOLA Mr. Manuel ZANGUI National Director Angola Government Luanda, ANGOLA Antigua and Barbuda Hon. Hilson Nathaniel BAPTISTE Minister Ministry of Housing, Culture & Social Transformation St. John`s, ANTIGUA AND BARBUDA 1 Argentina Gustavo AINCHIL Mr. Luis Alberto BONTEMPO Gustavo Eduardo DURAN BORELLI ARGENTINA Under-secretary of Housing and Urban Buenos Aires, ARGENTINA Development Buenos Aires, ARGENTINA Ms. Lydia Mabel MARTINEZ DE JIMENEZ Prof. Eduardo PASSALACQUA Ms. Natalia Jimena SAA Buenos Aires, ARGENTINA Session Leader at Networking Event in Profesional De La Dirección Nacional De Vancouver Políticas Habitacionales Independent Consultant on Local Ministerio De Planificación Federal, Governance Hired by Idrc Inversión Pública Y Servicios Buenos Aires, ARGENTINA Ciudad Debuenosaires, ARGENTINA Mrs.