SECTION 1 -

Note 14. Receivables and Payables
Note 14.1. Trade receivables and related provisions
(in € millions)
Dec.
2007
New Services: Pro forma Financial Statements and Notes
December, 31, 2009
Dec.
2008
Dec.
2009
Gross 1 112 868 920
Provisions (17) (22) (26)
Trade receivables, net 1 095 846 894
Provisions for impairment in value of trade receivables correspond to numerous separate provisions, none of which are material.
Past‐due receivables are tracked individually and regular estimates are made of potential losses in order to increase the related
provisions if and when required. Past‐due receivables not covered by provisions are not material.
Note 14.2. Details of inventories, other receivables and accruals
(in € millions)
Dec.
2007
Dec.
2008
Dec.
2009
Inventories 10 11 14
Recoverable VAT 65 123 92
Employee advances and prepaid payroll taxes 2 2 3
Other prepaid and recoverable taxes 1 2 3
Other receivables 87 110 143
Other prepaid expenses 5 6 8
Gross 170 254 263
Provisions (1) (1) (2)
Inventories and other receivables and accruals, net 169 253 261
Note 14.3. Details of other payables and accruals
(in € millions)
Dec.
2007
Dec.
2008
Dec.
2009
VAT payable 7 90 23
Wages and salaries and payroll taxes payable 38 43 43
Other taxes payable 67 69 33
Other payables 59 82 53
Deferred income 6 8 12
Other payables and accruals 177 292 164
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