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
Assets under construction
The carrying amount of assets under construction is included in the carrying amounts of each item of property,
plant and equipment, as follows:
(in € thousands)
At
December 31,
2007
At
December 31,
2006
• Land and buildings ............................................................ 18,052 0
• Network usage rights .......................................................... 7,635 3,682
• Network equipment ........................................................... 64,166 36,563
Total .............................................................................. 89,853 40,245
NOTE 21: OTHER FINANCIAL ASSETS
Other financial assets break down as follows:
(in € thousands)
At
December 31,
2007
Net
At
December 31,
2006
Net
Other long-term financial assets
• Loans .......................................................................... 0 2,318
• Other investment securities ..................................................... 44 322
• Guarantee deposits ............................................................. 1,939 1,496
Total other long-term financial assets .............................................
Other short-term financial assets
1,983 4,136
• Loans .......................................................................... 0 325
• Other .......................................................................... 0 0
Total other short-term financial assets ............................................ 1,983 325
Total other financial assets ........................................................ 1,983 4,461
Other short-term and long-term financial assets correspond to the portion of receivables due within one year and
beyond one year respectively.
Other financial assets break down as follows by function:
(in € thousands)
At
December 31,
2007
Net
At
December 31,
2006
Net
• Financial assets at fair value through profit or loss ............................. 44 322
• Held-for-trading investments .................................................. 0 0
• Held-to-maturity investments .................................................. 0 0
• Loans and receivables issued by the Group .................................... 1,939 4,139
• Available-for-sale financial assets ............................................. 0 0
Total other financial assets ....................................................... 1,983 4,461
Changes in net other financial assets can be analyzed as follows:
(in € thousands) 2007 2006
Net amount at Jan. 1 ......................................................................... 4,461 4,968
Acquisitions ................................................................................. 584 609
Redemptions ................................................................................. (2,849) (470)
Impact of changes in Group structure ......................................................... (396) 79
Changes in provisions ........................................................................ 183 (725)
Net amount at Dec. 31 ...................................................................... 1,983 4,461
In 2004 the Group granted a ten-year seller’s loan in connection with the sale of a building. In 2007 the purchaser
of the building repaid this loan in full in advance of term.
Iliad – Registration Document 2007 - 137