MAROC_TELECOM_REGISTRATION_DOCUMENT_2017
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FINANCIAL REPORT Consolidated financial statements at 31 December 2015, 2016 and 2017
1.7 EARNINGS PER SHARE Earnings per share, as presented in the statement of comprehensive income, are calculated by dividing net earnings (Group share) for the period by the average number of shares outstanding over the period. Diluted earnings per share are calculated by dividing: – net profit of the fiscal year (Group share); and
– by the average number of shares outstanding over the period plus the average number of ordinary shares that would have been issued upon conversion of all potentially dilutive instruments that are convertible into ordinary shares. At 31bDecemberb2017, there were no potentially dilutive instruments
NOTE 2 — SCOPE OF CONSOLIDATION
Consolidation method
Company
Legal form % Group interest
% Capital held
Maroc Telecom
SA
100%
100%
FC
Avenue Annakhil Hay Riad Rabat-Maroc Compagnie Mauritanienne de Communication (CMC)
SA
Dec, 31,17 Dec, 31,16 Dec, 31,15
80% 80% 80%
80% 80% 80%
FC FC FC
Avenue Roi Fayçal Nouakchott-Mauritanie Mauritel SA
SA
Dec, 31,17 Dec, 31,16 Dec, 31,15
41% 41% 41%
52% 52% 52%
FC FC FC
Avenue Roi Fayçal Nouakchott-Mauritanie Onatel
SA
Dec, 31,17 Dec, 31,16 Dec, 31,15
51% 51% 51%
51% 51% 51%
FC FC FC
705, AV. de la nation 01 BP10000 Ouagadougou – Burkina Faso Gabon Telecom
SA
Dec, 31,17 Dec, 31,16 Dec, 31,15
51% 51% 51%
51% 51% 51%
FC FC FC
Immeuble 9 étages, BP 40 000 Libreville-Gabon Sotelma
SA
Dec, 31,17 Dec, 31,16 Dec, 31,15
51% 51% 51%
51% 51% 51%
FC FC FC
Route de Koulikoro, quartier Hippodrome, BP 740, Bamako-Mali Casanet
SA
Dec, 31,17 Dec, 31,16 Dec, 31,15
100% 100% 100%
100% 100% 100%
FC FC FC
Avenue Annakhil Hay Riad Rabat-Maroc
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MAROC TELECOM ____ 2017 Registration Document
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