Universal Registration Document 2021

/ Exercice 2021

(in millions of euros)	Europe	North America	Asia Pacific	Latin America	Middle East & Africa	Total
Income statement items	Income statement items Europe	Income statement items North America	Income statement items Asia Pacific	Income statement items Latin America	Income statement items Middle East & Africa	Income statement items Total
Net revenue⁽¹⁾	Net revenue⁽¹⁾Europe2,534	Net revenue⁽¹⁾North America6,368	Net revenue⁽¹⁾Asia Pacific1,038	Net revenue⁽¹⁾Latin America243	Net revenue⁽¹⁾Middle East & Africa304	Net revenue⁽¹⁾Total10,487
Revenue⁽¹⁾	Revenue⁽¹⁾Europe 2,972	Revenue⁽¹⁾North America 6,874	Revenue⁽¹⁾Asia Pacific 1,263	Revenue⁽¹⁾Latin America 265	Revenue⁽¹⁾Middle East & Africa 364	Revenue⁽¹⁾Total 11,738
Depreciation and amortization expense (excluding acquired intangibles)	Depreciation and amortization expense (excluding acquired intangibles)Europe (145)	Depreciation and amortization expense (excluding acquired intangibles)North America (242)	Depreciation and amortization expense (excluding acquired intangibles)Asia Pacific (68)	Depreciation and amortization expense (excluding acquired intangibles)Latin America (11)	Depreciation and amortization expense (excluding acquired intangibles)Middle East & Africa (11)	Depreciation and amortization expense (excluding acquired intangibles)Total (477)
Operating margin	Operating marginEurope401	Operating marginNorth America1,270	Operating marginAsia Pacific133	Operating marginLatin America30	Operating marginMiddle East & Africa6	Operating marginTotal1,840
Amortization of intangibles from acquisitions	Amortization of intangibles from acquisitionsEurope (30)	Amortization of intangibles from acquisitionsNorth America (208)	Amortization of intangibles from acquisitionsAsia Pacific (12)	Amortization of intangibles from acquisitionsLatin America (3)	Amortization of intangibles from acquisitionsMiddle East & Africa (3)	Amortization of intangibles from acquisitionsTotal (256)
Impairment loss	Impairment lossEurope (18)	Impairment lossNorth America (104)	Impairment lossAsia Pacific -	Impairment lossLatin America -	Impairment lossMiddle East & Africa -	Impairment lossTotal (122)
Non-current income and expenses	Non-current income and expensesEurope 2	Non-current income and expensesNorth America -	Non-current income and expensesAsia Pacific -	Non-current income and expensesLatin America (30)	Non-current income and expensesMiddle East & Africa -	Non-current income and expensesTotal (28)
Operating income after impairment	Operating income after impairmentEurope355	Operating income after impairmentNorth America958	Operating income after impairmentAsia Pacific121	Operating income after impairmentLatin America(3)	Operating income after impairmentMiddle East & Africa3	Operating income after impairmentTotal1,434
Balance sheet items	Balance sheet itemsEurope	Balance sheet itemsNorth America	Balance sheet itemsAsia Pacific	Balance sheet itemsLatin America	Balance sheet itemsMiddle East & Africa	Balance sheet itemsTotal
Intangible assets, net⁽²⁾	Intangible assets, net⁽²⁾Europe 1,950	Intangible assets, net⁽²⁾North America 9,480	Intangible assets, net⁽²⁾Asia Pacific 1,143	Intangible assets, net⁽²⁾Latin America 172	Intangible assets, net⁽²⁾Middle East & Africa 394	Intangible assets, net⁽²⁾Total 13,139
Property, plant and equipment, net (including right-of use assets on leases)	Property, plant and equipment, net (including right-of use assets on leases)Europe 760	Property, plant and equipment, net (including right-of use assets on leases)North America 1,084	Property, plant and equipment, net (including right-of use assets on leases)Asia Pacific 202	Property, plant and equipment, net (including right-of use assets on leases)Latin America 26	Property, plant and equipment, net (including right-of use assets on leases)Middle East & Africa 32	Property, plant and equipment, net (including right-of use assets on leases)Total 2,104
Other financial assets	Other financial assetsEurope 198	Other financial assetsNorth America 45	Other financial assetsAsia Pacific 26	Other financial assetsLatin America 5	Other financial assetsMiddle East & Africa 2	Other financial assetsTotal 276
Disclosures in respect of the statement of cash flows	Disclosures in respect of the statement of cash flows Europe	Disclosures in respect of the statement of cash flows North America	Disclosures in respect of the statement of cash flows Asia Pacific	Disclosures in respect of the statement of cash flows Latin America	Disclosures in respect of the statement of cash flows Middle East & Africa	Disclosures in respect of the statement of cash flows Total
Purchases of property, plant and equipment and intangible assets	Purchases of property, plant and equipment and intangible assetsEurope (30)	Purchases of property, plant and equipment and intangible assetsNorth America (92)	Purchases of property, plant and equipment and intangible assetsAsia Pacific (13)	Purchases of property, plant and equipment and intangible assetsLatin America (3)	Purchases of property, plant and equipment and intangible assetsMiddle East & Africa (1)	Purchases of property, plant and equipment and intangible assetsTotal (139)
Purchases of investments and other financial assets, net	Purchases of investments and other financial assets, netEurope 2	Purchases of investments and other financial assets, netNorth America 3	Purchases of investments and other financial assets, netAsia Pacific -	Purchases of investments and other financial assets, netLatin America (1)	Purchases of investments and other financial assets, netMiddle East & Africa -	Purchases of investments and other financial assets, netTotal 4
Acquisitions of subsidiaries	Acquisitions of subsidiariesEurope (25)	Acquisitions of subsidiariesNorth America (203)	Acquisitions of subsidiariesAsia Pacific (44)	Acquisitions of subsidiariesLatin America (4)	Acquisitions of subsidiariesMiddle East & Africa -	Acquisitions of subsidiariesTotal (276)

(1) Because of the way this indicator is calculated (difference between billings and cost of billings), there are no eliminations between the different zones.

(2) The intangible assets breakdown has been restated to take into account the new organization. The presentation of the other balance sheet items was not impacted by the reorganization.

See Note 29 for information by currency on the exposure to exchange rate risk presented by liabilities.