REGISTRATION DOCUMENT AND FINANCIAL REPORT - Iliad

20. FINANCIAL INFORMATION CONCERNING THE COMPANY’S ASSETS AND LIABILITIES,
FINANCIAL POSITION AND PROFITS AND LOSSES
20.2 PARENT COMPANY FINANCIAL STATEMENTS FOR 2007
BALANCE SHEET—EQUITY AND LIABILITIES
(in € thousands) At Dec. 31, 2007 At Dec. 31, 2006
Capital stock .................................................................... 12,000 12,000
Additional paid-in capital ....................................................... 84,623 84,623
Legal reserve ................................................................... 1,200 1,200
Regulated reserves .............................................................. 0 0
Other reserves .................................................................. 731 731
Retained earnings ............................................................... 113,130 50,150
Interim dividends ............................................................... 0 0
Profit for the year .............................................................. 32,415 77,587
TOTAL EQUITY ..............................................................
OTHER EQUITY
244,099 226,291
Provisions for contingencies .................................................... 28 67
Provisions for charges .......................................................... 0 0
TOTAL PROVISIONS ........................................................ 28 67
Bonds .......................................................................... 337,912 334,334
Bank borrowings ................................................................ 26 16
Bank overdrafts ................................................................. 8 15
Other borrowings ............................................................... 411 14,825
Current accounts with subsidiaries .............................................. 24,606 29,142
Trade payables .................................................................. 10,223 3,964
Employee-related payables ...................................................... 205 147
Accrued payroll and other employee-related taxes ............................... 307 237
Accrued corporate income tax ................................................... 8,024 22,196
Accrued sales taxes ............................................................. 2,368 791
Other accrued taxes ............................................................. 101 113
Amounts due on fixed assets .................................................... 0 0
Other liabilities ................................................................. 3,910 4,891
Deferred income ................................................................ 0 0
TOTAL LIABILITIES ........................................................ 388,101 410,671
TOTAL EQUITY AND LIABILITIES ........................................ 632,228 637,029
Iliad – Registration Document 2007 - 161