registration document France Telecom 2009 - Orange.com

9 ANALYSIS
analysis of the financial position and earnings
OF THE GROUP’S FINANCIAL POSITION AND EARNINGS
(1)
Z 2008 - COMPARABLE BASIS
Discontinued
operations
Financial year ended
December 31, 2008
(in millions of euros)
France
United
Kingdom
Spain Poland Rest
of the
World
Total
Segments
Enterprise
IC & SS Eliminations
United Eliminations
and
Kingdom
other
Total
Group
Revenues 23,627 5,289 4,067 4,202 8,409 7,834 1,345 (2,816) 51,957 (5,289) 132 46,800
■ external 22,206 5,232 4,001 4,164 8,090 7,367 897 - 51,957 (5,232) 75 46,800
■ interoperating
segments 1,421 57 66 38 319 467 448 (2,816) - (57) 57 -
External purchases (8,963) (3,555) (2,958) (1,755) (3,905) (4,817) (3,135) 6,290 (22,798) 3,555 (201) (19,444)
Other operating
income 1,510 13 10 51 100 143 3,158 (4,621) 364 (13) 237 588
Other operating
expenses (1,660) (300) (279) (200) (456) (169) (267) 1,147 (2,184) 300 (168) (2,052)
Labour expenses (4,554) (378) (182) (537) (646) (1,387) (1,099) - (8,783) 378 - (8,405)
Gains (losses) on
disposal of assets (23) 36 (6) 19 10 - (32) - 4 (36) - (32)
Restructuring costs (140) (25) (38) (40) (22) (26) (145) - (436) 25 - (411)
Share of profi t
(losses)
of associates (16) - - - 1 - (196) - (211) - (1) (212)
EBITDA 9,781 1,080 614 1,740 3,491 1,578 (371) - 17,913 (1,080) (1) 16,832
Depreciation
and amortization (2,382) (819) (1,101) (1,000) (1,231) (364) (563) - (7,460) 819 1 (6,640)
Impairment
of goodwill (32) - (140) - (95) - - - (267) - - (267)
Impairment of fi xed
assets (6) - (3) 25 (1) (30) - - (15) - - (15)
Operating income 7,361 261 (630) 765 2,164 1,184 (934) - 10,171 (261) - 9,910
CAPEX 2,306 405 569 597 1,591 356 864 - 6,688 (405) - 6,283
Telecommunication
licenses 1 - - - 269 - - - 270 - - 270
Average number
of employees 78,794 11,080 3,490 29,409 24,346 20,374 15,200 - 182,693 (11,080) - 171,613
(1) Unaudited data. Data on a comparable basis compared to FY 2009. See Section 9.1.5.1 Transition from data on a historical basis to data on a comparable basis.
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2009 REGISTRATION DOCUMENT / FRANCE TELECOM