FTE » Topics » 9.1.3.2.3 Operating income - HCS

This excerpt taken from the FTE 20-F filed Apr 23, 2009.

Operating income - HCS

On a historical basis, operating income for HCS segment totaled 3,876 million euros in 2007, compared with 2,961 million euros in 2006. This increase between the two periods reflected mainly the combined effect of the increase in the GOM and the decrease in restructuring costs, partially offset by the increase in share-based compensation.



2008 form 20-F / FRANCE TELECOM – 29



Back to contents


This excerpt taken from the FTE 6-K filed Apr 14, 2009.

9.1.3.2.3  Operating income – HCS

 

Year ended December 31

  

HOME COMMUNICATION SERVICES (HCS)
(in millions of euros)

2008

2007

on a

comparable

basis (1)

2007

on a

historical

basis

Change

(%) on a

comparable

basis (1)

Change

(%) on a

historical

basis

GOM

7,732

7,840

7,799

(1.4)%

(0.9)%

Employee profit-sharing

(253)

-

(268)

-

(5.9)%

Share-based compensation

(53)

-

(232)

-

(77.1)%

Depreciation and amortization

(3,243)

(3,317)

(3,238)

(2.2)%

0.1%

Impairment of goodwill

(229)

-

(26)

-

ns

Impairment of non-current assets

23

-

(6)

-

ns

Restructuring costs

(390)

-

(153)

-

155.6%

Share of profits (losses) of associates

(17)

-

-

-

-

Operating income (2)

3,570

-

3,876

-

(7.9)%

(1)

Unaudited data. See Section 9.1.5.1, Transition from data on a historical basis to data on a comparable basis.

(2)

Operating income allocated to the business segment.


On a historical basis, the operating income allocated to HCS amounted to 3,570 million euros in 2008 compared to 3,876 million euros in 2007, representing a decrease of 7.9% (306 million euros). Between the two periods, the increase in restructuring costs (237 million euros) and impairment losses (174 million euros) as well as the decrease in the GOM (67 million euros) were partly offset, primarily by a decrease in share-based compensation (179 million euros).

The operating expenses included in GOM and operating income are set out, for the Group, in Section 9.1.2.2, From Group gross operating margin to operating income.

This excerpt taken from the FTE 20-F filed May 2, 2008.

Operating income - HCS

On a historical basis, operating income for HCS segment totaled 2,961 million euros in 2006, compared with 3,707 million euros in 2005. This decrease between the two periods reflected primarily the combined effect of the reduction in the GOM and the growth in the impairment of goodwill.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki