MAROC_TELECOM_REGISTRATION_DOCUMENT_2017
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FINANCIAL REPORT Statutory financial statements
ASSETS
Net
Amortization and provisions
(in MAD thousand)
Gross
2017
2016
2015
CAPITALIZED COSTS (A)
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
Start-up costs Deferred costs
Bond redemption premiums INTANGIBLE ASSETS (B) Research and development costs Patents, trademarks, and similar rights
11,990,431
9,518,046 2,472,385 2,501,845 2,851,000
0
0
0
0
0
11,489,661
9,453,742 2,035,919 2,171,240 2,408,475
Goodwill
70,717 430,052
64,304
6,414
10,722 319,882
13,761 428,764
Other intangible assets
0
430,052
PROPERTY, PLANT, AND EQUIPMENT (C)
67,390,536 48,022,551 19,367,986 18,629,831 18,226,274
Land
954,671 7,296,310
0
954,671
953,601
950,351
Buildings
4,594,425 2,701,885 2,684,928 2,711,854
Technical plant, machinery, and equipment
51,323,298 39,052,890 12,270,408 12,130,825 11,577,716
Vehicles
46,578
38,033
8,545
73,420 581,644 11,048
79,387 663,008 11,048
Office equipment, furniture, and fittings Other property, plant, and equipment
4,612,920
4,091,062
521,858 11,048
11,048
0
Work in progress
3,145,711 12,553,701 3,074,386
246,141 2,899,570 2,194,365 2,232,910 167,149 12,386,552 12,382,829 12,983,705 0 3,074,386 2,996,776 3,926,026
FINANCIAL ASSETS (D)
Long-term loans
Other financial receivables
3,382
0
3,382
3,382
3,558
Equity investments
9,475,932
167,149 9,308,784 9,382,670 9,054,121
Other investments and securities UNREALISED FOREIGN EXCHANGE LOSSES (E)
53,895
0 0 0
53,895
52,964 52,964
37,789 37,789
Decrease in long-term receivables
52
52
Increase in long-term debt TOTAL I (A+B+C+D+E)
53,843
53,843
0
0
91,988,563 57,707,745 34,280,818 33,567,470 34,098,769
INVENTORIES (F)
363,692 231,769 131,923
160,841 111,005 49,836
202,852 120,764 82,088
217,755 145,367 72,388
202,121 155,306 46,815
Merchandise
Raw materials and supplies
Work in progress
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Intermediary and residual goods
Finished goods
CURRENT RECEIVABLES (G)
14,844,341
7,513,074 7,331,267 6,983,083 6,129,446
Trade payables, advances and deposits Accounts receivable and related accounts
13,564
0
13,564
25,576
41,545
13,197,065
7,352,058 5,845,006 5,502,874 5,222,536
Employees Tax receivable
3,793
0 0 0 0 0 0 0 0 0 0 0
3,793
2,906
2,651
595,320
595,320
459,520
595,865
Shareholders’current accounts
0
0
0
0
Other receivables
799,640 234,959 128,759 61,708
161,015
638,625 234,959 128,759 61,708
923,384 68,824 126,633 114,726
217,958 48,891 123,659 93,844
Accruals
MARKETABLE SECURITIES (H)
UNREALIZED FOREIGN EXCHANGE LOSSES (I)
(current items) TOTAL II (F+G+H+I)
15,398,501 7,673,914 7,724,586 7,442,198 6,549,070
CASH AND CASH EQUIVALENTS
497,991
497,991
973,998
957,102 10,500 943,495
Checks
0
0
4,123
Bank deposits
495,067
495,067
966,649
Petty cash TOTAL III
2,924
2,924
3,226
3,108
497,991
497,991 973,998 957,102
GRAND TOTAL I+II+III
107,885,055 65,381,659 42,503,396 41,983,665 41,604,941
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MAROC TELECOM ____ 2017 Registration Document
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