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ManpowerGroup 2013 Annual Report Notes to Consolidated Financial Statements
80
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
in millions, except share and per share data
Year Ended December 31 2013 2012 2011
Revenues from Services
(a)
Americas:
United States
(b)
$ 2,967.0 $ 3,010.5 $ 3,137.3
Other Americas 1,543.2 1,585.4 1,512.1
4,510.2 4,595.9 4,649.4
Southern Europe:
France 5,284.9 5,425.6 6,179.1
Italy 1,087.6 1,056.8 1,255.8
Other Southern Europe 864.5 768.5 776.9
7,237.0 7,250.9 8,211.8
Northern Europe 5,738.8 5,773.9 6,159.4
APME 2,447.7 2,728.8 2,661.7
Right Management 316.8 328.5 323.7
$ 20,250.5 $ 20,678.0 $ 22,006.0
Operating Unit Profit
Americas:
United States $ 99.8 $ 60.8 $ 94.1
Other Americas 43.9 50.6 47.8
143.7 111.4 141.9
Southern Europe:
France 198.9 129.6 169.4
Italy 53.8 45.4 74.1
Other Southern Europe 11.9 10.1 10.8
264.6 185.1 254.3
Northern Europe 139.7 159.8 212.6
APME 70.8 90.7 78.8
Right Management 20.4 13.4 (1.4)
639.2 560.4 686.2
Corporate expenses (93.2) (112.0) (123.1)
Intangible asset amortization expense
(c)
(34.1) (36.7) (38.9)
Interest and other expenses (36.4) (43.3) (44.3)
Earnings before income taxes $ 475.5 $ 368.4 $ 479.9
(a) Further breakdown of revenues from services by geographical region is as follows:
Revenues from Services 2013 2012 2011
United States $ 3,080.8 $ 3,132.0 $ 3,254.6
France 5,313.6 5,448.3 6,201.9
Italy 1,093.0 1,061.6 1,277.1
United Kingdom 1,884.5 1,898.1 1,880.4
Total Foreign 17,169.7 17,546.0 18,751.4
(b) The United States revenues above represent revenues from our company-owned branches and franchise fees received from our franchise operations,
which were $15.2, $14.6 and $13.6 for 2013, 2012 and 2011, respectively.
(c) Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses, and
shown separately.