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5Financial statements CONSOLIDATED FINANCIAL STATEMENTS NOTE 8 DEPRECIATION, AMORTIZATION AND PROVISION EXPENSE (1) “Worldwide Structures” corresponds to revenue (royalties) and costs that are not specific to a single geographic region. (2) In accordance with IFRS 5, EBIT of the US Economy Hotels and Onboard Train Services businesses have been reported in profit or loss from discontinued operations (see note 17). Consolidated EBIT for 2012 totalled €526 million compared with €515 million for the same period of 2011. The period on-period increase breaks down as follows:

Depreciation, amortization and provision expense can be analyzed as follows:

(in million of euros) 2011*

2012 2011 published

Depreciation and amortization (339)

(396) Provision (2)

(2)

TOTAL (341) (398)

(326) 2 (324)

* In accordance with IFRS 5, depreciation, amortization and provision expense of the US Economy Hotels and Onboard Train Services businesses have been reported in profit or loss from discontinued operations (see note 17).

NOTE 9 EBIT BY BUSINESS AND REGION

Europe Latin (excl. America Other Worldwide (in million of euros) France France) Asia Pacific & Caribbean Countries Structures (1)

2012 2011 (2)

HOTELS 214 160 52 43 17 25 500

Upscale and Midscale Hotels 106 59 30 12 7 20

229 Economy Hotels 108 101 22 31 10 5

271

OTHER BUSINESSES 4 (1) 7 -5 0 15

TOTAL 2012 218 159 59 43 22 25

TOTAL 2011 (2) 236 146 45 30 12 46 515

511 234 277 15 526

w Like-for-like growth +15 m€ +3.0%

w Business expansion (owned and leased hotels only) +4 m€ (4.1)%

w Currency effects +6 m€ +0.6%

w Disposals (14) m€ (10.3)%

INCREASE 2012 EBIT +11 m€ +2.0%