A N N U A L R E P O R T - Bouygues

4.2.5.2. Other non-current financial assets 169
The main items included in this heading are:
• Advances to non-consolidated companies 45
• Non-current loans and receivables 45
• Other long-term investments: 79
comprising:
- Deposits and caution money 67
- Other long-term investment securities 12
Main components of “Other long-term investment securities”
Miscellaneous mutual funds 6
Other investments individually less than 2 million euros 6
Analysis of investments in non-consolidated companies and other non-current financial assets
(excluding associates) by type 283
Availablefor-sale
financial
assets
Loans and
receivables
Financial
assets at fair
value through
profit or loss
Held-tomaturity
financial
assets
31 December 2004 63 51 4 119 237
Movements during 2005 35 48 1 (38) 46
31 December 2005 98 99 5 81 283
Due within less than 1 year 6 5 1 2 14
Due within 1-5 years 6 39 3 2 50
Due after more than 5 years 86 55 1 77 219
Investments in joint ventures
The Bouygues Group holds a number of interests in joint ventures, which are listed in Note 26 (Detailed List
of Consolidated Companies at 31 December 2005).
Aggregate amounts for assets / liabilities and sales are provided in the table below:
Bouygues share 31/12/2005 31/12/2004
Total assets / liabilities 763 626
Sales 918 755
4.3. Non-current tax assets 375
See Note 8 for details.
Total
NOTE 5: CURRENT ASSETS 12,590
5.1. Inventories 1,804
Inventories
Inventories: raw materials,
supplies, finished goods
and property development
inventories
Gross value
31/12/2005 31/12/2004
Impairment
Carrying
amount
Gross value Impairment Carrying
amount
1,368 (75) 1,293 1,274 (118) 1,156
Programmes and
broadcasting rights (TF1) (1) 655 (144) 511 659 (124) 535
Total 2,023 (219) 1,804 1,933 (242) 1,691
Impairment
of inventories
(a) includes reversals of impairment losses on property development inventories (Bouygues Immobilier): 22
(1) TF1: the maturities of broadcasting and transmission rights contracts entered into by TF1 to secure future programming schedules are as
follows:
within less
than 1 year
Charges
Maturity
within
1-5 years
after more
than 5 years
Reversals
31/12/2005 31/12/2004 31/12/2005 31/12/2004
Inventories: raw materials, supplies,
finished goods and property
development inventories (34) (47) 40 (a) 44
Programmes and broadcasting
rights (TF1)
(76) (34) 55 30
Total (110) (81) 95 74
Total
2005
Total
2004
• Programmes and broadcasting
rights (1) (2) 491 850 292 1,633 1,025
• Sports transmission rights (3) 212 457 271 940 494
Total 703 1,307 563 2,573 1,519
(1) From 2005 onwards, this includes output deal contracts entered into by TF1 SA.
Some of these contracts are denominated in foreign currencies (30 million euros in CHF, 89 million euros in GBP and 418 million euros
in USD).
(2) programmes and broadcasting rights: these relate primarily to TF1 SA (1,277 million euros) and TPS (236 million euros).
(3) sports transmission rights: these relate to TF1 SA (609 million euros), Eurosport (314 million euros) and TPS (17 million euros).
178