Cash flow Vivendi SE

Equities

VIV

FR0000127771

Entertainment Production

Market Closed - Euronext Paris Other stock markets 16:35:02 11/09/2024 BST			5-day change	1st Jan Change
10.06 ^EUR	+0.83%		-0.59%	+4.02%

09-02	Vivendi: nearly 8.5 million euros worth of shares bought back	CF
08-20	Edgar Bronfman submits rival bid to acquire Paramount Global	RE

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Published financial data: VIVENDI SE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	15.9B	16.09B	9.57B	9.6B	10.51B
Total Revenues	15.9B	16.09B	9.57B	9.6B	10.51B
Cost of Goods Sold, Total	8.84B	8.81B	5.36B	5.35B	5.69B
Gross Profit	7.05B	7.28B	4.21B	4.24B	4.82B
Selling General & Admin Expenses, Total	5.51B	5.7B	3.63B	3.67B	4.15B
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	5.51B	5.7B	3.63B	3.67B	4.15B
Operating Income	1.54B	1.58B	586M	570M	668M
Interest Expense, Total	-112M	-93M	-60M	-51M	-80M
Interest And Investment Income	33M	51M	159M	67M	146M
Net Interest Expenses	-79M	-42M	99M	16M	66M
Income (Loss) On Equity Invest.	71M	108M	77M	-154M	115M
Currency Exchange Gains (Loss)	2M	-8M	-12M	-7M	-18M
Other Non Operating Income (Expenses)	-26M	-20M	-49M	-107M	-58M
EBT, Excl. Unusual Items	1.51B	1.62B	701M	318M	773M
Restructuring Charges	-161M	-106M	-49M	-44M	-50M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	148M	612M	-742M	-812M	-41M
Asset Writedown	-20M	-1M	-230M	-10M	-2M
Legal Settlements	-	56M	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	1.48B	2.18B	-320M	-548M	680M
Income Tax Expense	-140M	575M	218M	99M	190M
Earnings From Continuing Operations	1.62B	1.61B	-538M	-647M	490M
Earnings Of Discontinued Operations	-	-	25.41B	-298M	-32M
Net Income to Company	1.62B	1.61B	24.88B	-945M	458M
Minority Interest	-34M	-167M	-183M	-65M	-53M
Net Income - (IS)	1.58B	1.44B	24.69B	-1.01B	405M
Net Income to Common Incl Extra Items	1.58B	1.44B	24.69B	-1.01B	405M
Net Income to Common Excl. Extra Items	1.58B	1.44B	-721M	-712M	437M
Per Share Items
Net EPS - Basic	1.28	1.26	22.94	-0.98	0.4
Basic EPS - Continuing Operations	1.28	1.26	-0.67	-0.69	0.43
Basic Weighted Average Shares Outstanding	1.23B	1.14B	1.08B	1.03B	1.02B
Net EPS - Diluted	1.28	1.26	22.87	-0.98	0.39
Diluted EPS - Continuing Operations	1.28	1.26	-0.67	-0.69	0.42
Diluted Weighted Average Shares Outstanding	1.24B	1.14B	1.08B	1.03B	1.03B
Normalized Basic EPS	0.74	0.74	0.24	0.13	0.42
Normalized Diluted EPS	0.73	0.74	0.24	0.13	0.42
Dividend Per Share	0.6	0.6	0.25	0.25	0.25
Payout Ratio	40.18	47.92	2.64	-25.84	63.21
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	1.9B	1.99B	1.03B	926M	1.1B
EBITA	1.66B	1.73B	649M	720M	869M
EBIT	1.54B	1.58B	586M	570M	668M
EBITDAR	2.16B	2.26B	1.19B	1.1B	1.36B
Effective Tax Rate - (Ratio)	-9.48	26.35	-68.12	-18.07	27.94
Current Domestic Taxes	-405M	77M	19M	31M	46M
Current Foreign Taxes	203M	345M	113M	130M	126M
Total Current Taxes	-202M	422M	132M	161M	172M
Deferred Domestic Taxes	21M	14M	105M	-31M	39M
Deferred Foreign Taxes	41M	139M	-19M	-31M	-21M
Total Deferred Taxes	62M	153M	86M	-62M	18M
Normalized Net Income	910M	846M	255M	134M	430M
Interest on Long-Term Debt	43M	41M	19M	20M	28M
Non-Cash Pension Expense	-11M	29M	-19M	-3M	5M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	295M
Research And Development Expense From Footnotes	124M	107M	102M	125M	127M
Net Rental Expense, Total	263M	271M	160M	170M	256M
Imputed Operating Lease Interest Expense	33.49M	25.06M	11.95M	14.46M	24.17M
Imputed Operating Lease Depreciation	230M	246M	148M	156M	232M
Stock-Based Comp., Other (Total)	32M	43M	15M	14M	11M
Total Stock-Based Compensation	32M	43M	15M	14M	11M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	2.13B	976M	3.33B	1.91B	2.16B
Short Term Investments	247M	81M	714M	515M	37M
Trading Asset Securities, Total	-	51M	416M	126M	-
Total Cash And Short Term Investments	2.38B	1.11B	4.46B	2.55B	2.2B
Accounts Receivable, Total	3.77B	3.42B	3.55B	3.42B	4.48B
Other Receivables	2.26B	2.19B	1.59B	1.58B	1.9B
Total Receivables	6.04B	5.61B	5.14B	5B	6.38B
Inventory	277M	366M	256M	240M	1.03B
Other Current Assets, Total	1.43B	1.35B	867M	2.15B	1.62B
Total Current Assets	10.12B	8.43B	10.72B	9.94B	11.22B
Gross Property Plant And Equipment	-	-	-	-	7.58B
Accumulated Depreciation	-	-	-	-	-3.26B
Net Property Plant And Equipment	2.34B	2.19B	1.73B	1.58B	4.32B
Long-term Investments	5.77B	7.82B	10.1B	9.42B	8.38B
Goodwill	14.69B	14.18B	9.45B	8.82B	11.25B
Other Intangibles, Total	2.36B	2.89B	1.11B	1.2B	2.63B
Deferred Tax Assets Long-Term	782M	736M	234M	294M	463M
Other Long-Term Assets, Total	1.28B	1.86B	24M	32M	1M
Total Assets	37.35B	38.12B	33.37B	31.28B	38.25B
Liabilities
Accounts Payable, Total	5.06B	4.5B	5.1B	5.08B	6.33B
Accrued Expenses, Total	2.25B	2.3B	-	-	-
Short-term Borrowings	888M	981M	27M	23M	829M
Current Portion of Long-Term Debt	889M	1.25B	756M	713M	3B
Current Portion of Leases	236M	221M	125M	117M	570M
Current Income Taxes Payable	40M	92M	61M	51M	104M
Other Current Liabilities	3.68B	3.96B	2.72B	2.97B	3.87B
Total Current Liabilities	13.04B	13.31B	8.8B	8.96B	14.7B
Long-Term Debt	5.16B	4.17B	3.5B	2.95B	2.23B
Long-Term Leases	1.22B	1.07B	758M	622M	2.5B
Deferred Tax Liability Non Current	1.04B	1.17B	395M	463M	712M
Other Non Current Liabilities	1.31B	1.98B	726M	679M	867M
Total Liabilities	21.77B	21.69B	14.17B	13.68B	21.01B
Common Stock, Total	6.52B	6.52B	6.1B	6.1B	5.66B
Additional Paid In Capital	2.35B	2.37B	865M	865M	865M
Retained Earnings	8.06B	11.15B	14.98B	13.6B	12.56B
Treasury Stock	-694M	-2.44B	-971M	-1.1B	-100M
Comprehensive Income and Other	-880M	-1.84B	-1.99B	-2.09B	-1.88B
Total Common Equity	15.35B	15.76B	18.98B	17.37B	17.11B
Minority Interest	222M	672M	213M	236M	129M
Total Equity	15.58B	16.43B	19.19B	17.6B	17.24B
Total Liabilities And Equity	37.35B	38.12B	33.37B	31.28B	38.25B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.17B	1.09B	1.05B	1.03B	1.02B
ECS Total Common Shares Outstanding	1.17B	1.09B	1.05B	1.02B	1.02B
Book Value / Share	13.12	14.42	18.16	16.95	16.7
Tangible Book Value	-1.7B	-1.32B	8.42B	7.35B	3.23B
Tangible Book Value Per Share	-1.45	-1.2	8.06	7.17	3.15
Total Debt	8.4B	7.69B	5.16B	4.43B	9.13B
Net Debt	6.02B	6.58B	704M	1.88B	6.94B
Debt Equivalent of Unfunded Proj. Benefit Obligation	674M	678M	374M	250M	334M
Debt Equivalent Oper. Leases	2.1B	2.17B	1.28B	1.36B	2.05B
Minority Interest, Total (Incl. Fin. Div)	222M	672M	213M	236M	129M
Equity Method Investments, Total	3.52B	3.54B	8.4B	7.13B	5.54B
Account Code - Inventory Valuation	6	6	6	6	6
Land - (BS)	-	-	-	-	115M
Buildings, Total	-	-	-	-	1.31B
Machinery, Total	-	-	-	-	1.76B
Full Time Employees	43K	42.8K	34.3K	35K	39.2K
Part Time Employees	1.64K	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	205M	223M	179M	185M	306M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	1.58B	1.44B	24.69B	-1.01B	405M
Depreciation & Amortization - CF	459M	486M	571M	365M	402M
Amortization of Goodwill and Intangible Assets - (CF)	116M	148M	63M	150M	201M
Depreciation & Amortization, Total	575M	634M	634M	515M	603M
Amortization of Deferred Charges, Total - (CF)	149M	183M	175M	82M	36M
(Gain) Loss From Sale Of Asset	-	12M	4M	4M	6M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	20M	1M	-	-	-
(Income) Loss On Equity Investments - (CF)	-4M	18M	-90M	-239M	-218M
Net Cash From Discontinued Operations	-	-	603M	-32M	-77M
Other Operating Activities, Total	-1.12B	-1.36B	-24.46B	1.33B	61M
Change In Accounts Receivable	3M	-10M	-447M	11M	126M
Change In Inventories	-	-109M	49M	-41M	45M
Change In Accounts Payable	61M	400M	484M	89M	-59M
Change in Other Net Operating Assets	3M	12M	-11M	2M	9M
Cash from Operations	1.27B	1.23B	1.64B	715M	937M
Capital Expenditure	-413M	-438M	-460M	-385M	-405M
Sale of Property, Plant, and Equipment	8M	3M	4M	8M	18M
Cash Acquisitions	-2.11B	-96M	-254M	-204M	212M
Divestitures	22M	65M	-	2M	633M
Investment in Marketable and Equity Securities, Total	879M	-1.18B	-1.58B	-29M	373M
Other Investing Activities, Total	-	-	-1.47B	-87M	-23M
Cash from Investing	-1.61B	-1.64B	-3.75B	-695M	808M
Short Term Debt Issued, Total	870M	739M	93M	46M	3M
Long-Term Debt Issued, Total	2.1B	5M	5M	2M	2M
Total Debt Issued	2.97B	744M	98M	48M	5M
Short Term Debt Repaid, Total	-787M	-1.07B	-1.38B	-741M	-878M
Long-Term Debt Repaid, Total	-260M	-256M	-158M	-151M	-171M
Total Debt Repaid	-1.05B	-1.33B	-1.53B	-892M	-1.05B
Issuance of Common Stock	175M	153M	18M	-	-
Repurchase of Common Stock	-2.67B	-2.16B	-693M	-248M	-15M
Common Dividends Paid	-636M	-690M	-653M	-261M	-256M
Common & Preferred Stock Dividends Paid	-636M	-690M	-653M	-261M	-256M
Other Financing Activities, Total	-107M	2.6B	7.2B	-85M	-155M
Cash from Financing	-1.32B	-675M	4.43B	-1.44B	-1.47B
Foreign Exchange Rate Adjustments	-4M	-60M	33M	-2M	-25M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-1.66B	-1.15B	2.35B	-1.42B	250M
Supplemental Items
Cash Interest Paid	112M	93M	41M	31M	80M
Cash Income Tax Paid (Refund)	283M	89M	107M	175M	174M
Levered Free Cash Flow	1.51B	1.6B	-1.21B	-362M	1.18B
Unlevered Free Cash Flow	1.58B	1.66B	-1.17B	-330M	1.23B
Change In Net Working Capital	-276M	-247M	1.9B	912M	-568M
Net Debt Issued / Repaid	1.92B	-583M	-1.44B	-844M	-1.04B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	2.65	2.62	1.02	1.1	1.2
Return on Total Capital	4.1	4.11	1.51	1.54	1.73
Return On Equity %	9.8	10.04	-3.02	-3.52	2.81
Return on Common Equity	9.73	9.26	-4.15	-3.92	2.54
Margin Analysis
Gross Profit Margin %	44.36	45.23	44	44.23	45.83
SG&A Margin	34.66	35.39	37.88	38.29	39.48
EBITDA Margin %	11.93	12.36	10.75	9.65	10.48
EBITA Margin %	10.43	10.76	6.78	7.5	8.27
EBIT Margin %	9.7	9.84	6.12	5.94	6.36
Income From Continuing Operations Margin %	10.17	9.99	-5.62	-6.74	4.66
Net Income Margin %	9.96	8.95	257.96	-10.53	3.85
Net Avail. For Common Margin %	9.96	8.95	-7.53	-7.42	4.16
Normalized Net Income Margin	5.72	5.26	2.67	1.39	4.09
Levered Free Cash Flow Margin	9.52	9.95	-12.66	-3.77	11.23
Unlevered Free Cash Flow Margin	9.96	10.31	-12.27	-3.44	11.71
Asset Turnover
Asset Turnover