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2014 Registration Document
Consolidated Financial Statements Year ended December 31, 2014
5
Notes to the Consolidated statements
Note 5
Segment information
The Group’s operating segments consist of the countries in which it does business, combined by region, and “Global functions” corresponding to
the holding companies and other support entities.
5.1
SEGMENT RESULTS
2014
(in € millions)
Total
France
Europe Latin America
Asia
Global
Functions
Net sales
74,706
35,336
19,191
13,891
6,288
0
Other revenue
2,221
738
549
621
270
43
Recurring operating income
2,387
1,271
425
685
97
(92)
Operating income
2,572
Finance costs and other financial income
and expenses, net
(563)
Income before taxes
2,010
NET INCOME FOR THE YEAR
1,367
Capital expenditure
(1)
2,411
988
536
622
214
51
Depreciation and amortization expense
(1,381)
(610)
(380)
(174)
(189)
(28)
(1) Capital expenditure corresponds to the acquisitions of property and equipment and intangible assets reported in the statement of cash flows.
2013
(in € millions)
Total
France
Europe Latin America
Asia
Global
Functions
Net sales
74,888
35,438
19,220
13,786
6,443
Other revenue
2,375
968
555
520
267
65
Recurring operating income
2,238
1,198
388
627
131
(106)
Operating income
2,412
Finance costs and other financial income
and expenses, net
(722)
Income before taxes
1,690
NET INCOME FOR THE YEAR
1,364
Capital expenditure
(1)
2,159
997
409
457
261
35
Depreciation and amortization expense
(1,426)
(622)
(393)
(187)
(184)
(39)
(1) Capital expenditure corresponds to the acquisitions of property and equipment and intangible assets reported in the statement of cash flows.