registration document France Telecom 2009 - Orange.com

financial information concerning the issuer’s assets and liabilities, financial position and profits and losses
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CONSOLIDATED STATEMENTS
Net trade receivables are broken down as follows:
(in millions of euros) December 31, 2009 December 31, 2008 December 31, 2007
Trade receivables depreciated according to their age 1,195 1,676 1,935
Trade receivables depreciated according to other criteria 349 373 988
Net trade receivables past due 1,544 2,049 2,923
Not past due 3,950 4,114 3,633
Net trade receivables 5,494 6,163 6,556
The following table provides an aging balance of net trade receivables past due and depreciated according to their age:
(in millions of euros) December 31, 2009 December 31, 2008 December 31, 2007
Past due - under 180 days 929 1,339 1,591
Past due - 180 to 360 days 160 198 143
Past due - over 360 days 106 139 201
Total net trade receivables past due
and depreciated according to their age 1,195 1,676 1,935
The table below provides an analysis of the change in provision for trade receivables:
(in millions of euros) 2009 2008 2007
Opening balance (1,217) (1,123) (1,136)
Change in provision for depreciation 103 15 (3)
Translation adjustment (7) 69 15
Impact of changes in the scope of consolidation (1) (146) 8
Reclassifi cations and other items 2 (32) (7)
Reclassifi cation to assets held for sale 144 - -
Closing balance (976) (1,217) (1,123)
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422 million euros of trade receivables were written off at December 31, 2009 (421 million euros at December 31, 2008, and 379 million
euros at December 31, 2007).
NOTE 19 Financial assets at fair value through profit or loss
In the statement of fi nancial position, fi nancial assets at fair value through profi t or loss are shown under the following headings:
(in millions of euros) December 31, 2009 December 31, 2008 December 31, 2007
Non-current fi nancial assets at fair value through profi t or loss 199 106 54
Current fi nancial assets at fair value through profi t or loss,
excluding cash equivalents 92 721 534
Cash equivalents 2,911 3,766 2,722
Financial assets at fair value through profit or loss 3,202 4,593 3,310
2009 REGISTRATION DOCUMENT / FRANCE TELECOM
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