MAROC_TELECOM_REGISTRATION_DOCUMENT_2017
FINANCIAL REPORT
Consolidated financial statements at 31 December 2015, 2016 and 2017
2015
Total Maroc Telecom Group
(in MAD million)
Morocco 36,549
International
Eliminations
Noncurrent assets Current assets TOTAL ASSETS Shareholders’equity Noncurrent liabilities
21,594
-12,483
45,660 14,889 60,549 19,825
7,475
8,508
-1,094
44,024 16,950
30,101 11,491
-13,576
-8,617 -3,866 -1,094
5,185
5,536
6,855
Current liabilities
21,889 44,024
13,074 30,101
33,869 60,549
TOTAL SHAREHOLDERS’EQUITY AND LIABILITIES
-13,576
Acquisitions of PP&E and intangible assets
4,793
4,043
8,835
28.2 SEGMENT EARNINGS BY GEOGRAPHICAL AREA
4
2017
Total Maroc Telecom Group
(in MAD million)
Morocco 20,481
International
Eliminations
Revenues
15,733
-1,250
34,963 10,310
Earnings from operations
6,760 3,826
3,550 2,784
0
Net depreciation and impairment
6,610
Voluntary redundancy plan
579
41
620
2016
Total Maroc Telecom Group
(in MAD million)
Morocco 21,244
International
Eliminations
Revenues
15,326
-1,318
35,252 10,468
Earnings from operations
6,901 3,846
3,568 2,643
Net depreciation and impairment
6,489
Voluntary redundancy plan
0
2015
Total Maroc Telecom Group
(in MAD million)
Morocco 21,033
International
Eliminations
Revenues
14,010
-910
34,134 10,339
Earnings from operations
7,383 3,761
2,956 2,643
Net depreciation and impairment
6,403
Voluntary redundancy plan
4
4
159
MAROC TELECOM ____ 2017 Registration Document
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