MAROC_TELECOM_REGISTRATION_DOCUMENT_2017

FINANCIAL REPORT

Statutory financial statements

Amounts financial year

Amounts previous financial year

Commitments given

Endorsements and guarantees

678,547

753,822

Other commitments received Swap agreement – Commitment involving the forward purchase (on 11/20/2019) of US$176 million in exchange

for €154 million as part of the swap agreements signed with ATW. – Commitment to social welfare given by the Moroccan Government Investment agreement – Exemption from customs duties on the imports relating to investments TOTAL

678,547

753,822

4

B10 — FINANCE-LEASE ASSETS

FROM 01/01/2017 TO 12/31/2017 (IN MAD THOUSAND)

Remaining royalties to pay

Estimated value at the date of the contract value

Accumulated fees of previous years

Date of the first term

Contract length in months

Theoritical amortization period

Accumulated royalties amount

Less than one year

More than one year

Residual purchase

Section

price Observations

1

2

3

4

5

6

7

8

9

10

11

None

None

183

MAROC TELECOM ____ 2017 Registration Document