Get Adobe Flash player

Financial statements

CONSOLIDATED FINANCIAL STATEMENTS

* In accordance with IFRS†5 ‚ÄúNon-Current Assets Held for Sale and Discontinued Operations‚ÄĚ in the statement of comprehensive income for the year ended December†31, 2011, the net profit from 2012 discontinued operations (including the US Economy Hotels business and Onboard Train Services business) are reported on†a separate line (see note†17). 5.2.3. CONSOLIDATED BALANCE SHEETS Assets (in million of euros) Notes Dec. 2011 Dec. 2012 GOODWILL 18 712 840 INTANGIBLE ASSETS 19 373 264 PROPERTY, PLANT AND EQUIPMENT 20 3,257 2,592 Long-term loans 21 138 147 Investments in associates 22 210 263 Other financial investments 23 201 222 TOTAL NON-CURRENT FINANCIAL ASSETS 549 632 Deferred tax assets 16 147 151 TOTAL NON-CURRENT ASSETS 5,038 4,479 Inventories 24 41 47 Trade receivables 24 364 402 Other receivables and accruals 24 680 516 Receivables on disposals of assets 29 & 30 95 48 Short-term loans 29 & 30 26 34 Cash and cash equivalents 29 & 30 1,370 1,878 TOTAL CURRENT ASSETS 2,576 2,925 Assets held for sale 32 386 156 TOTAL ASSETS 8,000 7,560

5.2.2. STATEMENTS OF COMPREHENSIVE INCOME

(in million of euros) Notes 2011* 2012 2011 Published NET PROFIT OR LOSS 50 (584) 50 Currency translation adjustment (47) 101 (47) Effective portion of gains and losses on hedging instruments in†a cash flow hedge 3 3 3 Actuarial gains and losses on defined benefit plans, net of deferred taxes (2) (18) (2) Other comprehensive income, net of tax 28 (47) 86 (47) TOTAL COMPREHENSIVE INCOME 3 (498) 3 Comprehensive income, Group Share 8 (529) 8 Comprehensive income, Minority interests (4) 31 (4)