REGISTRATION DOCUMENT AND FINANCIAL REPORT - Iliad

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20. FINANCIAL INFORMATION CONCERNING THE COMPANY’S ASSETS AND LIABILITIES, FINANCIAL POSITION AND PROFITS AND LOSSES 20.2 PARENT COMPANY FINANCIAL STATEMENTS FOR 2007 2.6.5 Stock option plans The following tables summarize the main features of the various stock option plans approved in 2007 and prior years, and outstanding at the year-end. At December 31, 2007 Date of Shareholders’ Meeting Date of plan launch Number of options exercisable Number of beneficiaries Exercise price (in €) Number of options exercised in 2007 Options outstanding at Dec. 31, 2007 December 12, 2003 ....... January 20, 2004 409,434 19 16.30 0 409,434 December 12, 2003 ....... December 20, 2005 439,203 70 48.44 0 439,203 May 29, 2006 ............ June 14, 2007 162,455 1 74.62 0 162,455 May 29, 2006 ............ August 30, 2007 703,960 96 68.17 0 703,960 Total ............... 1,715,052 The exercise terms and conditions applicable to the outstanding stock options are as follows: Date of plan launch Exercise terms and conditions January 20, 2004 Options exercisable on January 20, 2008 December 20, 2005 Half of the options exercisable on December 20, 2009 and half on December 20, 2010 June 14, 2007 Options exercisable on June 13, 2012 August 30, 2007 Options exercisable on August 30, 2012 2.7 PROVISIONS FOR CONTINGENCIES AND CHARGES Movements in provisions for contingencies and charges in 2007 can be analyzed as follows: At Jan. 1, 2007 Additions Reversals At Dec. 31, 2007 Provisions for contingencies and charges ................................. 67 0 39 28 TOTAL .............................................................. 67 0 39 28 o/w utilizations ....................................................... 39 2.8 OTHER LIABILITIES None of the Company’s debts are significantly aged or unusual. The table below analyzes the Company’s liabilities by maturity. At December 31, 2007 Gross amount Due within 1 year Due in 1 to 5 years • Bonds: • due within one year at issue date ................................ 7,287 7,287 • due beyond one year at issue date ................................ 330,625 0 330,625 • Bank borrowings: • due within one year at inception of loan .......................... 26 26 • due beyond one year at inception of loan ......................... 0 0 • Bank overdrafts .................................................... • Other borrowings .................................................. • Guarantees and deposits received .................................... • Trade payables ..................................................... 8 24,606 411 10,223 8 24,606 0 10,223 • Employee-related payables .......................................... 205 205 • Accrued payroll and other employee-related taxes ..................... 307 307 • Other accrued taxes: • Corporate income tax .......................................... 8,024 8,024 • Value-added tax ............................................... 2,368 2,368 • Other ......................................................... 101 101 • Amounts due on fixed assets ........................................ 0 0 • Other liabilities .................................................... 3,910 3,910 TOTAL .......................................................... 388,101 57,065 331,036 172 - Iliad – Registration Document 2007 411 Due beyond 5 years
20. FINANCIAL INFORMATION CONCERNING THE COMPANY’S ASSETS AND LIABILITIES, FINANCIAL POSITION AND PROFITS AND LOSSES 20.2 PARENT COMPANY FINANCIAL STATEMENTS FOR 2007 Issuance of OCEANE convertible/exchangeable bonds On June 21, 2006, Iliad issued 3,265,190 OCEANE bonds convertible into new shares and/or exchangeable for existing shares, with a total face value of €287.5 million and bearing interest at a rate of 2.20%. After the full exercise of the greenshoe option granted to the financial institutions which underwrote the issue, the number of OCEANE bonds outstanding at June 29, 2006 totaled 3,754,968, representing a total value of €330.6 million. The bonds mature on January 1, 2012 and are redeemable at face value, i.e. €88.05 per bond. Iliad – Registration Document 2007 - 173
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Société anonyme. Share capital:
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TABLE OF CONTENTS GENERAL COMMENTS
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16.2 SERVICE CONTRACTS ENTERED INTO
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1. PERSONS RESPONSIBLE 1.1 PERSON R
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3. SELECTED FINANCIAL INFORMATION 3
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4. RISK FACTORS 4.1 RISKS RELATING
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4. RISK FACTORS 4.3 FINANCIAL RISKS
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4.4 LEGAL RISKS 4.4.1 Risks relatin
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4. RISK FACTORS 4.4 LEGAL RISKS The
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5. INFORMATION ABOUT THE COMPANY AN
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2007 • Sale of Kertel (February 2
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Considering acquisition opportuniti
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The Group’s network has been deve
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Réseau International CTI (Centre d
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6. OVERVIEW OF THE GROUP’S BUSINE
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The following tables give details o
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6.2 PRINCIPAL MARKETS 6.2.1 Interne
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Local loop unbundling 6. OVERVIEW O
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6.6.2 Regulation of the content of
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7.2 ORGANIZATION CHART At March 31,
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9.1 KEY CONSOLIDATED FINANCIAL DATA
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9. OPERATING AND FINANCIAL REVIEW 9
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9.1.2 ADDITIONAL INFORMATION 9.1.2.
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11. RESEARCH AND DEVELOPMENT, PATEN
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13. PROFIT FORECASTS OR ESTIMATES T
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14. ADMINISTRATIVE, MANAGEMENT AND
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15. COMPENSATION AND BENEFITS 15.2
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16. FUNCTIONING OF THE COMPANY’S
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17.1 HUMAN RESOURCES 17. EMPLOYEES
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18.1 IDENTIFICATION OF SHAREHOLDERS
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19. RELATED PARTY TRANSACTIONS 19.
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20. FINANCIAL INFORMATION CONCERNIN
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