VINCI - 2005 annual report

2.4.3 Non-current financial debt
(in € millions) Notes 31/12/2004
French GAAP 6,467
Reclassifications:
Part at less than one year of long-term financial debt (a) (526)
Total (526)
Restatements:
Fair value of hedging derivative financial instruments (b) 152
Effect of applying the amortised cost method to OCEANE bonds (c) 52
Other (including effect of applying the amortised cost method to other loans) (d) (5)
Total 199
IFRS 6,140
Reclassification:
(a) In accordance with IAS 1, the part of financial debt at less than one
year has been reclassified as current financial debt.
Restatements:
(b) The opposite entry to the recognition of the fair value of derivatives
is the corresponding financial debt account (see note 2.3.6. (b)).
2.4.4 Deferred tax liabilities and other non-current liabilities
274
VINCI 2005 ANNUAL REPORT
(c) This restatement arises from the application of the amortised cost
method to the OCEANE bonds.
(d) The other restatements relate mainly to the application of the amortised
cost method to VINCI’s other loans.
(in € millions) Notes 31/12/2004
French GAAP 179
Reclassifications:
Part at less than one year of other long-term liabilities (a) (34)
Total (34)
Restatements:
Deferred tax recognised on IFRS restatements (b) 39
Total 39
IFRS 184
Reclassifications:
(a) In accordance with IAS 1, the part of other liabilities at less than
one year has been reclassified under trade payables and other current
liabilities.
2.4.5 Current provisions
Restatements:
(b) This amount corresponds to the deferred tax liabilities recognised on
IFRS restatements.
(in € millions) Notes 31/12/2004
French GAAP 0
Reclassifications:
Current provisions and part at less than one year of non-current provisions (a) 1,403
Total 1,403
Restatements:
Effect of discounting current provisions (b) (17)
Other (3)
Total (20)
IFRS 1,383
Reclassifications:
(a) see 2.4.2 (a).
Restatements:
(b) Provisions are henceforth recognised at their present value.