MAROC_TELECOM_REGISTRATION_DOCUMENT_2017
FINANCIAL REPORT
Consolidated financial statements at 31 December 2015, 2016 and 2017
The deferred tax rates of the Group are as follows:
Entity
The deffered tax rate
Maroc Telecom
31.0% 25.0% 27.5% 30.0% 30.0% 30.0% 30.0% 28.0% 30.0% 30.0%
Mauritel
Onatel
Gabon Telecom
Sotelma
Atlantique Telecom Côte d’Ivoire
Etisalat Benin
Atlantique Telecom Togo Atlantique Telecom Niger
Atlantique Telecom Centrafrique
4
NOTE 26 — NONCONTROLLING INTERESTS
(in MAD million)
2017
2016
2015
Total noncontrolling interests
873
1,031
982
Noncontrolling interests represent the claims of shareholders other than Maroc Telecom to the earnings of Mauritel, Onatel, Gabon Telecom, Sotelma, AT CDI, and AT Togo.
In 2017, non-controlling interests fell by 15% because of lower earnings in some of the subsidiaries.
NOTE 27 — EARNINGS PER SHARE
27.1 EARNINGS PER SHARE
2017
2016
2015
(in MAD million)
Basic 5,706 5,706
Diluted
Basic 5,598 5,598
Diluted
Basic 5,595 5,595
Diluted
Net earnings, Group share
5,706 5,706
5,598 5,598
5,595 5,595
Adjusted net earnings, Group share
Number of shares (in million) Earnings per share (in MAD)
879 6.49
879 6.49
879 6.37
879 6.37
879 6.36
879 6.36
157
MAROC TELECOM ____ 2017 Registration Document
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