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
Agreements and commitments entered into in prior years which remained in force during the year
In application of the French Commercial Code, we were informed of the following agreements and commitments
entered into in prior years, which remained in force during the year.
1 – With IRE
The guarantee granted by the Company in relation to commitments made by IRE in connection with a property
lease signed with Genefim for a principal amount of €50 million plus interest and incidental expenses, which was
authorized by the Board of Directors on December 18, 2006, remained in force during 2007.
On July 27, 2006, the Board of Directors approved the signature of a cash facility agreement with IRE.
The debit balance of the current account with IRE amounted to €10,078,866 at December 31, 2007 and the
interest billed by the Company during the year totaled €184,919.
2 – With Dedibox
On July 27, 2006, the Board of Directors approved the signature of a cash facility agreement with Dedibox.
The debit balance of the current account with Dedibox amounted to €1,297,575 at December 31, 2007 and the
interest billed by the Company during the year totaled €85,757.
3 – With IFW
On July 27, 2006, the Board of Directors approved the signature of a cash facility agreement with IFW.
The debit balance of the current account with IFW amounted to €160,511 at December 31, 2007 and the interest
billed to the Company during the year totaled €7,627.
4 – With Free Infrastructure
On July 27, 2006, the Board of Directors approved the signature of a cash facility agreement with Free
Infrastructure.
The debit balance of the current account with Free Infrastructure amounted to €36,236,961 at December 31, 2007
and the interest billed by the Company during the year totaled €626,309.
On July 27, 2006, the Board of Directors authorized the Company to guarantee commitments given by its
subsidiary Free Infrastructure to Draka Comteq France in an amount of €6,500,000. This guarantee remained in
force until July 27, 2007.
5 – With Citefibre
On December 11, 2006, the Board of Directors approved the signature of a cash facility agreement with
Citefibre.
A €2 million provision for impairment was recorded in respect of the €5,538,527 debit balance on Citefibre’s
current account at December 31, 2007 reducing the net debit balance on the account to €3,538,527.
The Company billed a total of €180,737 in interest in 2007 in relation to this account.
6 – With Jean-Louis Missika SAS
At its meeting of December 11, 2006, the Board of Directors approved the signature of a services agreement with
Jean-Louis Missika SAS.
The Company paid €110,000 in fees under this agreement in 2007.
186 - Iliad – Registration Document 2007