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Note 14.4. Receivables and payables by maturity<br />

(in € millions)<br />

At December 31, 2009<br />

Dec.<br />

2007<br />

New Services: Historical Combined Financial Statements and Notes<br />

December, 31, 2009<br />

Inventories 10 11 13 - - 13<br />

Trade receivables 1 095 846 894 - - 894<br />

Recoverable VAT 65 123 22 70 - 92<br />

Employee advances and prepaid payroll taxes 2 2 3 - - 3<br />

Other prepaid and recoverable taxes 1 2 3 - - 3<br />

Other receivables 76 99 132 - - 132<br />

CURRENT ASSETS 1 249 1 083 1 067 70 - 1 137<br />

Trade payables 92 196 140 - - 140<br />

VAT payable 7 90 23 - - 23<br />

Wages and salaries and payroll taxes payable 38 43 43 - - 43<br />

Other taxes payable 66 68 32 - - 32<br />

Other payables 58 81 51 1 - 52<br />

CURRENT LIABILITIES 261 478 289 1 - 290<br />

200<br />

Dec.<br />

2008<br />

Due<br />

within 1<br />

year<br />

Due in 1<br />

to 5 years<br />

Due<br />

beyond 5<br />

years<br />

Dec.<br />

2009

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