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

NOTE 22: ADDITIONAL CASH FLOW STATEMENT INFORMATION
22.1. Cash flows of acquired and divested subsidiaries
Breakdown by business segment of net cash flows resulting from acquisitions and divestments of subsidiaries
Acquired / divested subsidiaries Construction Property Roads Media Telecoms
Bouygues SA
& other
activities
Total
12/2005
Cash and equivalents 20 11 (21) (14) (24) (28)
Inventories (2) (5) (25) 3 5 (24)
Trade receivables (32) (23) (98) (8) 56 (105)
Non-current assets (14) (20) 52 74 92
Goodwill (30) (77) (73) (180)
Trade payables (4) 19 112 13 (71) 69
Long-term debt (1) 28 (80) (53)
Non-current provisions 1 9 (1) (30) (21)
Net acquisition cost (61) 1 (92) (28) 0 (70) (250)
Cash acquired or divested (20) (11) 21 14 24 28
Net debt related to long-term investments (33) 976 943
Net cash flow resulting from acquisitions
and divestments of subsidiaries (81) (10) (104) (14) 0 930 721
22.2. Investing and financing transactions with no cash consideration
■ Bouygues SA’s interest in Bouygues Telecom:
Bouygues SA / BNP Paribas: reciprocal promise to buy / sell a 6.5% interest in Bouygues Telecom (see Note 1.5, Significant Events)
This transaction generated no cash consideration during 2005 and hence is not included in the cash flow statement.
204