registration document France Telecom 2009 - Orange.com

analysis of the financial position and earnings
9
ANALYSIS OF THE GROUP’S FINANCIAL POSITION AND EARNINGS
Z 2007 - HISTORICAL BASIS
Discontinued
operations
Financial year ended
December 31, 2007
(in millions of euros)
France
United
Kingdom
Spain Poland Rest
of the
World
Enterprise
Total
Segments
United
Kingdom
IC & SS Eliminations
Eliminations
and
other
Total
Group
Revenues 23,267 6,540 3,963 4,825 8,287 7,723 1,240 (2,886) 52,959 (6,540) 149 46,568
■ external 21,762 6,478 3,896 4,785 8,009 7,289 740 - 52,959 (6,478) 87 46,568
■ inter-operating
segments 1,505 62 67 40 278 434 500 (2,886) - (62) 62 -
External purchases (8,628) (4,419) (2,844) (1,967) (3,921) (4,932) (2,897) 6,452 (23,156) 4,419 (226) (18,963)
Other operating
income 1,545 24 27 83 93 121 3,246 (4,699) 440 (24) 264 680
Other operating
expenses (1,782) (331) (305) (268) (389) (179) (239) 1,133 (2,360) 331 (184) (2,213)
Labour expenses (4,687) (491) (171) (642) (684) (1,447) (1,283) - (9,405) 491 - (8,914)
Gains (losses) on
disposal of assets 2 (6) (6) 9 (2) 5 767 - 769 6 - 775
Restructuring costs (58) (20) (3) - (9) (28) (90) - (208) 20 1 (187)
Share of profi t
(losses) of associates - - - - 4 - - - 4 - - 4
EBITDA 9,659 1,297 661 2,040 3,379 1,263 744 - 19,043 (1,297) 4 17,750
Depreciation
and amortization (2,657) (1,034) (1,129) (1,172) (1,147) (421) (551) - (8,111) 1,034 - (7,077)
Impairment
of goodwill - - - - - - (26) - (26) - - (26)
Impairment of fi xed
assets - - (1) 1 (18) (93) 4 - (107) - - (107)
Operating income 7,002 263 (469) 869 2,214 749 171 - 10,799 (263) 4 10,540
CAPEX 2,277 520 624 962 1,488 407 701 - 6,979 (520) - 6,459
Telecommunication
licenses - - - - 85 - - - 85 - - 85
Average number
of employees 80,904 10,893 3,410 31,789 21,146 19,288 16,369 - 183,799 (10,893) - 172,906
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2009 REGISTRATION DOCUMENT / FRANCE TELECOM
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