MAROC_TELECOM_REGISTRATION_DOCUMENT_2017

FINANCIAL REPORT

Consolidated financial statements at 31 December 2015, 2016 and 2017

2016

Change in scope of consolidation Reclassification

Assets held for sale

Acquisitions and dotations

Disposals and withdrawals

Translation adjustment

(in MAD million)

2015

2016

Gross Land

90,364

5,932

-417

-887

0 0

193 347 95,532

1,610 8,118

23

-58

-16 -41

25

1,584 8,300

Buildings

214

-347

8

347

Technical plant, machinery andbequipment Transportation, equipment Office equipment furniture andbfittings

75,131

5,364

-1

-781

0 0

-312

79,402

614

31

-10

-19

0

616

4,675

154

-1

-25

0

499

5,303

Other property, plant, andbequipment

216

146

-6

0

-28

327

Depreciation and impairment

4

-61,025

-5,196

315

561

0

83 -289 -65,551

Land

-11

-2

1

-12

Buildings

-5,220

-249

289

28

0 -289 -5,441

Technical plant, machinery, andbequipment Transportation equipment

-51,277

-4,632

16 10

497

0 0

445

-54,951

-454

-36

13

-467

Office equipment, furniture, andbfittings Other property, plant, andbequipment

-3,952

-263

1

20

0

-362

-4,557

-110

-15

2

0

-123

NET TOTAL

29,339

736

-101

-326

0

275

59 29,981

2015

Change in scope of consolidation Reclassification

Assets held for sale

Acquisitions and dotations

Disposals and withdrawals

Translation adjustment

(in MAD million)

2014

2015

Gross Land

78,177

5,338

-22

-168

7,685

-300 -346 90,364

1,469 8,139

25

-5

121

0

1,610 8,118

Buildings

279

-14

58

1 -346

Technical plant, machinery andbequipment Transportation, equipment Office equipment furniture andbfittings

63,869

4,748

-11 -11

-147

6,946

-273

75,131

508

21

0

97

0

614

4,153

249

-2

275

0

4,675

Other property, plant, andbequipment

39

17

0

188

-28

216

Depreciation and impairment

-53,043

-5,206

24

135

-3,766

542 289 -61,025

Land

-9

-2

0

0

-11

Buildings

-5,184

-304

13

-22

-12

289 -5,220

Technical plant, machinery, andbequipment Transportation equipment

-44,046

-4,586

11 11

120

-3,340

565

-51,277

-341

-38

1

-87

0

-454

Office equipment, furniture, and fittings Other property, plant, andbequipment

-3,450

-255

2

-227

-23

-3,952

-12

-21

2 2

0

-91

11

-110

NET TOTAL

25,135

132

-33

3,919

242 -57 29,339

The reclassification column concerns transfers between line items of property, plant, and equipment.

141

MAROC TELECOM ____ 2017 Registration Document