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
(in millions of euros)
January
1,
2007 Additions Utilizations
Reversals
(releases)
Discounting
Changes in the
consolidation
scope, reclassifications
and
translation
adjustments
December
31,
2007
Employee termination benefi ts 20 5 - - - 25
Site reorganization costs 24 18 (13) (1) - - 28
Other 54 - (20) - - - 34
Sub-total France 98 23 (33) (1) - - 87
Employee termination benefi ts 10 2 (12) - - 1 1
Site reorganization costs 5 15 (8) - - (1) 11
Sub-total United Kingdom 15 17 (20) - - - 12
Employee termination benefi ts 73 2 (34) (1) 2 3 45
Other 3 - - (1) - - 2
Sub-total Poland 76 2 (34) (2) 2 3 47
Employee termination benefi ts - 3 - - - - 3
Site reorganization costs 3 - (3) - - - -
Other 1 - (1) - - - -
Sub-total Spain 4 3 (4) - - - 3
Employee termination benefi ts 2 4 (2) - - (1) 3
Sub-total Rest of the World 2 4 (2) - - (1) 3
Employee termination benefi ts 2 5 - - - - 7
Site reorganization costs 42 - (11) - - (2) 29
Sub-total Enterprise 44 5 (11) - - (2) 36
Site reorganization costs 1 - - (1) - - -
Other 13 - (6) (3) - (1) 3
Sub-total International Carriers
and Shared Services 14 - (6) (4) - (1) 3
TOTAL 253 54 (110) (7) 2 (1) 191
25.3 Provisions for dismantling
and restoring sites
The measurement of the obligation is based on dismantling costs
(on a per-unit basis for telephone poles, terminals and public
phones, and on a per-site basis for mobile antennae) incurred
by France Telecom to meet its environmental commitments
and annual scheduled asset returns for telephone poles and
public telephones, and its estimated site departures for mobile
antennae. These dismantling costs are calculated on the basis
of the identifi ed costs for the current fi nancial year, extrapolated
for future years using the best estimate of future trends in prices,
infl ation, etc., and are discounted at a risk-free rate. Forecasts
of estimated site departures or asset returns are revised in light
of future changes in regulations or technological requirements.
Provisions for dismantling and restoring sites are broken down as follows:
(in millions of euros) 2009 2008 2007
Restoring mobile telephony antennae sites 200 237 215
Dismantling telephone poles 139 164 156
Treatment of waste electrical and electronic equipment 56 64 65
Dismantling public telephones 40 53 62
Other 50 48 34
TOTAL 485 566 532
438
2009 REGISTRATION DOCUMENT / FRANCE TELECOM