Group's Financial highlights

Per comparazione, i dati 2012 contenuti all’interno di questo capitolo si riferiscono alle sole attività Food & Beverage e non includono il settore Travel Retail & Duty Free, a seguito della scissione parziale proporzionale di Autogrill S.p.A., avvenuta il 1° ottobre 2013.

Income Statement

 Difference 
(m€)FY 2013FY 20122012Like-for-like
Revenues 3,984.8 4,075.6 (2,2%) (0,3%)
EBITDA 314.0 327.6 (4,1%) (1,9%)
% on revenues 7,9% 8,0%    
EBIT 88.3 102.2 (13,7%) (10,3%)
% on revenues 2,2% 2,5%    
Net result for the period 8.3 7.4 12,1% 58,7%
% on revenues 0,2% 0,2%    
Net result for the period from operations subject to spinoff 91.1 102.8 (11,4%) (8,8%)
Net result for the period - Group 87.9 96.8 (9,2%) (4.4)
Profit per share (€ cents)*        
-  Base 34.7 38.2    
-  Diluted 34.6 38.2    

* Includes results from operations subject to spinoff


Difference
(m€)FY 2013FY 20122012Like-for-like
Net cash flow from operations 148.1 230.7    
Net investments 162.6 252.6 (35,6%) (33,8%)
% on revenues 4,1% 6,2%    

 Difference
(m€)31.12.201331.12.201231.12.2012Like-for-like
Net invested capital 1.117.5 1.149.0 (31.5) 6.2
Net financial position 672.7 933.2 (260.4) (238.1)

Table for the determination of the economic value

(k€)20132012
Economic value generated by the Group 4,746,883 4.867.124
Revenues and other operating proceeds 4,673,889 4.789.421
Net income resulting from transfers 1,274 2.373
Financial revenues 91,056 102.828
Value adjustments of financial activities 2,399 2.206
Bad debt 1,283 1,188
Impairment loss of tangible and intangible assets 15,654 24,104
Distributed economic value by the Group 4,435,016 4,567,013
Operating costs (suppliers, landlords, brand partners) 3,012,718 3,112,454
Employee salaries and wages 1,307,510 1,322,252
Amounts due to Shareholders and lenders 63,275 87,002
Amounts due to public administration 51,160 45,040
Gifts and donations 353 265
Economic value retained by the Group 311,867 300,111
Amortization and depreciation 210,099 201,253
Provisions 13,909 2,105
Reserves 87,859 96,752

Cost of personnel

(k€)20132012
Wages and salaries 1,025,120 1,033,934
Social contributions 188,456 193,464
Benefits to employees 26,058 28,380
Other costs 78,556 76,046
TOTAL 1,318,190 1,331,823

Purchases of goods

(k€)Nord America
and Pacific Area
EuropeGroup
2013 - Total 566,051 1,308,052 1,874,103
Catering services 459,567 304,376 763,944
Retail 88,196 466,972 555,168
Other 18,288 536,703 554,991
2012 - Total 581,531 1,373,245 1,954,775
Catering services 458,970 313,458 772,428
Retail 103,924 477,465 581,390
Other 18,636 582,321 600,958

Fees and royalties

(k€)Nord America
and Pacific Area
EuropeGroup
2013 - Total 372,357 305,049 677,407
Costs for rents and concessions 300,627 292,389 593,016
Royalties for the use of brands 71,730 12,660 84,391
2012 - Total 382,206 297,341 679,547
Costs for rents and concessions 309,856 288,428 598,284
Royalties for the use of brands 72,350 8,913 81,263

Costs for energy and water

(k€)North America
and Pacific Area
EuropeGroup
2013 28,856 66,554 95,410
% 30% 70%  
2012 30,366 67,219 97,585
% 31% 69%