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
2.3.5 Related-party transactions
Debit balances Credit balances
Loans and advances to subsidiaries and affiliates ................................ 291,803
Trade receivables ................................................................. 6,457
Other receivables ................................................................. 14,164
Business premise deposits received ............................................... 366
Other borrowings ................................................................. 24,601
Trade payables ................................................................... 489
Other liabilities ................................................................... 3,910
Financial expense ................................................................. 1,339
Financial income ................................................................. 24,205
2.4 DEPRECIATION AND AMORTIZATION
Movements in depreciation and amortization are broken down in the following table:
Depreciation
and
amortization
at Jan. 1,
2007 Increases Decreases
Depreciation
and
amortization
at Dec. 31,
2007
Intangible assets
SUB-TOTAL I ............................................ 158 17 0 175
Buildings ....................................................... 237 17 0 254
Plant and equipment .............................................
Other property, plant and equipment
7 0 0 7
Fixtures and fittings ............................................. 646 101 0 747
Furniture, office and computer equipment ....................... 464 70 0 534
SUB-TOTAL II ........................................... 1,354 188 0 1,542
TOTAL (I+II) .................................................. 1,512 205 0 1,717
2.5 OTHER ASSETS
2.5.1 Analysis of receivables by maturity
At December 31, 2007 Gross amount
Fixed assets
• Loans and advances to subsidiaries and affiliates .....................
• Other long-term investments .........................................
291,803
1,187
Due within
1 year
291,803
0
Due beyond
1 year
0
1,187
Current assets
• Advances and prepayments .......................................... 0 0 0
• Trade receivables .................................................... 7,804 7,804 0
• Doubtful and disputed receivables ................................... 0 0 0
• Payroll and other recoverable employee-related taxes ................ 2 2 0
• Employee-related receivables ........................................ 0 0 0
• Recoverable VAT ................................................... 1,869 1,869 0
• Other receivables (including inter-company current accounts) ........ 24,619 24,619 0
• Prepaid expenses .................................................... 225 225 0
TOTAL ............................................................. 327,509 326,322 1,187
2.5.2 Debt issuance costs
A total of €4,370,000 was recognized under assets corresponding to the costs incurred in 2006 for Iliad’s bond
issue (see Note 2.8).
These costs are being amortized on a straight-line basis over the life of the bonds.
170 - Iliad – Registration Document 2007