registration document France Telecom 2009 - Orange.com

20 CONSOLIDATED
financial information concerning the issuer’s assets and liabilities, financial position and profits and losses
STATEMENTS
NOTE 9
Gains and losses related to financial assets and liabilities
(in millions of euros)
Cost of gross
financial debt
Gains (losses)
on assets
contributing to
net financial
debt
Finance costs, net
Cost of net
financial debt
Foreign
exchange
gains
(losses)
2009
Other net
financial
expenses
Finance
costs, net
Operating income
Foreign
exchange
gains
(losses)
Other
Other
comprehensive
income
Retained
earnings
Assets available for sale - 4 4 (2) 4 - - 32
Loans and receivables - 37 37 264 29 2 (254) (3) -
Financial assets at fair
value through profi t or loss,
excluding derivatives - 110 110 71 - - - -
Liabilities at amortized cost (1) (2,280) (2) - (2,280) (181) - (23) 0 -
Financial liabilities at fair
value through profi t or loss,
excluding derivatives 30 - 30 (23) (5) - - - -
Derivatives (43) (18) (61) (194) - (3) - (173)
Discounting expense - - - - (107) - - -
Gains and losses
of continuing activities (2,293) 133 (2,160) (65) (74) (2,299) (24) (254) (141)
Gains and losses of
discontinued operations (4) (12) - (12) (2) 17 3 18 (87) (54)
(1) Including the change in fair value of hedged liabilities.
(2) Including redemptions of perpetual bonds redeemable for shares (TDIRA) for (27) million euros.
(3) Mainly receivables written off for (422) million euros, 117 million euros from net changes in provisions for impairment of accounts receivable, and various interest on receivables for
54 million euros.
(4) Relates to assets held for sale in the UK (see Note 11, Discontinued operations).
(5) F oreign exchange loss of (23) million euros arising from increased valuation of ECMS public tender offer.
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2009 REGISTRATION DOCUMENT / FRANCE TELECOM