REGISTRATION DOCUMENT AND FINANCIAL REPORT - Iliad

20. FINANCIAL INFORMATION CONCERNING THE COMPANY’S ASSETS AND LIABILITIES,
FINANCIAL POSITION AND PROFITS AND LOSSES
20.1 CONSOLIDATED FINANCIAL STATEMENTS FOR 2007, 2006 AND 2005
Analysis of consolidated equity and liabilities by business segment (excluding OCEANE convertible bonds)
At December 31, 2007 Broadband
Traditional
Telephony Total
Non-current Liabilities (EXCL. DEFERRED TAXES) ...................... 31,559 1,381 32,940
Long-term provisions ......................................................... 923 493 1,416
Long-term financial liabilities ................................................ 22,236 44 22,280
Other non-current liabilities .................................................. 8,400 844 9,244
Current liabilities (excl. tax liabilities) ....................................... 244,184 15,961 260,145
Short-term provisions ......................................................... 1,087 65 1,152
Trade and other payables ..................................................... 219,276 15,835 235,111
Short-term financial liabilities ................................................ 23,821 61 23,882
At December 31, 2006 Broadband Traditional
Telephony Total
Non-current Liabilities (EXCL. DEFERRED TAXES) ...................... 19,794 2,008 21,802
Long-term provisions ......................................................... 498 517 1,015
Long-term financial liabilities ................................................ 9,259 27 9,286
Other non-current liabilities .................................................. 10,037 1,464 11,501
Current liabilities (excl. tax liabilities) ....................................... 250,182 32,119 282,301
Short-term provisions ......................................................... 1,337 130 1,467
Trade and other payables ..................................................... 244,046 31,377 275,423
Short-term financial liabilities ................................................ 4,799 612 5,411
NOTE 17: GOODWILL
Goodwill breaks down as follows:
(in € thousands)
At Dec. 31,
2007
At Dec. 31,
2006
Free ..................................................................................... 7,757 7,757
Kertel .................................................................................... 0 2,721
Freebox .................................................................................. 2,121 1,568
IFW ..................................................................................... 19,484 18,684
Citéfibre (1) ............................................................................... 1,844 3,844
Total .................................................................................... 31,206 34,574
(1) The goodwill recorded for Citéfibre at December 31, 2006 was a provisional figure as the initial accounting
for the acquisition had not been finalized.
The main movements in goodwill in 2007 and 2006 were as follows:
(in € thousands) 2007 2006
Net amount at Jan. 1 ..........................................................................
Increase following acquisitions:
34,574 24,922
• Free ...................................................................................... 0 5,081
• Freebox .................................................................................. 553 727
• IFW ...................................................................................... 800 0
• Citéfibre ................................................................................. 0 3,844
Decrease following disposals:
• Kertel .................................................................................... (2,721) 0
Decrease following analysis:
• Citéfibre ................................................................................. (2,000) 0
Net amount at Dec. 31 ....................................................................... 31,206 34,574
Iliad – Registration Document 2007 - 133