ManpowerGroup 2014 Annual Report Download - page 88

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86
Notes to Consolidated Financial Statements
Year Ended December 31 2014 2013 2012
Revenues from Services
(a)
Americas:
United States
(b)
$ 3,086.4 $ 2,967.0 $ 3,010.5
Other Americas 1,497.3 1,543.2 1,585.4
4,583.7 4,510.2 4,595.9
Southern Europe:
France 5,351.6 5,284.9 5,425.6
Italy 1,178.8 1,087.6 1,056.8
Other Southern Europe 979.3 864.5 768.5
7,509.7 7,237.0 7,250.9
Northern Europe 6,048.1 5,738.8 5,773.9
APME 2,327.1 2,447.7 2,728.8
Right Management 294.2 316.8 328.5
$ 20,762.8 $ 20,250.5 $ 20,678.0
Operating Unit Profit
Americas:
United States $ 125.4 $ 99.8 $ 60.8
Other Americas 56.2 43.9 50.6
181.6 143.7 111.4
Southern Europe:
France 275.5 198.9 129.6
Italy 64.2 53.8 45.4
Other Southern Europe 22.0 11.9 10.1
361.7 264.6 185.1
Northern Europe 198.1 139.7 159.8
APME 84.2 70.8 90.7
Right Management 33.5 20.4 13.4
859.1 639.2 560.4
Corporate expenses (105.8) (93.2) (112.0)
Intangible asset amortization expense
(c)
(33.4) (34.1) (36.7)
Interest and other expenses (38.3) (36.4) (43.3)
Earnings before income taxes $ 681.6 $ 475.5 $ 368.4
(a) Further breakdown of revenues from services by geographical region is as follows:
Revenues from Services 2 014 2013 2012
United States $ 3,190.6 $ 3,080.8 $ 3,132.0
France 5,378.6 5,313.6 5,448.3
Italy 1,183.4 1,093.0 1,061.6
United Kingdom 2,168.6 1,884.5 1,898.1
Total Foreign 17,572.2 17,169.7 17,546.0
(b) The United States revenues above represent revenues from our company-owned branches and franchise fees received from our
franchise operations, which were $16.1, $15.2 and $14.6 for 2014, 2013 and 2012, respectively.
(c) Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate
expenses, and shown separately.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
in millions, except share and per share data