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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NOTES TO THE ANNUAL FINANCIAL STATEMENTS OF FRANCE TELECOM S.A.
5.2.4 Other Financial Assets
The following table shows the change in other fi nancial assets at cost:
(in millions of euros)
Note
Opening
balance
Changes in
scope and
reclassifications Increases Decreases
Closing
balance
COST
General Court of the European Union
litigation deposit 8.1 964 964
Loans, miscellaneous receivables,
other deposits and fi nancial securities 63 (7) 126 182
WSB dividends receivable 1,343 (1,343)
OTHER FINANCIAL ASSETS
AT COST 2,370 (7) 126 (1,343) 1,146
PROVISIONS FOR IMPAIRMENT
Loans, miscellaneous receivables, other
deposits and fi nancial securities - (59) (59)
PROVISIONS - (59) - - (59)
NET OTHER FINANCIAL ASSETS 2,370 (66) 126 (1,343) 1,087
5.3 Trade Receivables
The change in trade receivables over the year was due to
an increase in securitized receivables on the one hand and a
decrease in receivables from subsidiaries on the other.
Trade receivables include 1,881 million euros in invoices not yet
issued at December 31, 2009, versus 1,989 million euros at
December 31, 2008.
5.4 Other receivables
This item mainly comprises:
■ subsidiaries’ current accounts for an amount of 1,272 million
euros (versus 1,259 million euros at December 31, 2008);
■ VAT to be recovered for an amount of 434 million euros
(versus 510 million at December 31, 2008).
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5.5 Cash, Cash Equivalents and Marketable Securities
Cash, cash equivalents and marketable securities held at December 31, 2009 comprise:
Year ended
(in millions of euros) Dec. 31, 2009 Dec. 31, 2008
Term deposits - 722
Certifi cates of deposit 138 1,805
Mutual funds (SICAVs) 371 16
Mutual funds (FCPs) 1,742 863
Treasury bills - 450
Treasury shares 35 200
Accrued interest - 10
Marketable securities 2,286 4,066
Cash 157 153
TOTAL 2,443 4,219
2009 REGISTRATION DOCUMENT / FRANCE TELECOM
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