falsedesktopORAN2019-12-31000163462120000009{"tbl_sim": "https://q10k.com/tbl-sim", "search": "https://q10k.com/search"}{"q10k_tbl_0": "PART I\t\t\t7\nITEM 1\tIDENTITY OF DIRECTORS SENIOR MANAGEMENT AND ADVISERS\t\t7\nITEM 2\tOFFER STATISTICS AND EXPECTED TIMETABLE\t\t7\nITEM 3\tKEY INFORMATION\t\t7\n\t3.A\tSelected financial data\t7\n\t3.B\tCapitalization and indebtedness\t8\n\t3.C\tReasons for the offer and use of proceeds\t8\n\t3.D\tRisk factors\t8\nITEM 4\tINFORMATION ON ORANGE\t\t15\n\t4.A\tHistory and development of Orange\t15\n\t4.B\tBusiness overview\t15\n\t4.C\tOrganizational structure\t15\n\t4.D\tProperty plants and equipment\t15\nITEM 4A\tUNRESOLVED STAFF COMMENTS\t\t16\nITEM 5\tOPERATING AND FINANCIAL REVIEW AND PROSPECTS\t\t16\n\t5.A\tOperating results\t16\n\t5.B\tLiquidity and capital resources\t18\n\t5.C\tResearch and development patents and licenses etc.\t19\n\t5.D\tTrend information\t19\n\t5.E\tOff-balance sheet arrangements\t19\n\t5.F\tTabular disclosure of contractual obligations\t20\n\t5.G\tSafe harbor\t20\nITEM 6\tDIRECTORS SENIOR MANAGEMENT AND EMPLOYEES\t\t20\n\t6.A\tDirectors and senior management\t20\n\t6.B\tCompensation\t20\n\t6.C\tBoard practices\t20\n\t6.D\tEmployees\t21\n\t6.E\tShare ownership\t24\nITEM 7\tMAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS\t\t25\n\t7.A\tMajor shareholders\t25\n\t7.B\tRelated party transactions\t25\n\t7.C\tInterests of experts and counsels\t25\nITEM 8\tFINANCIAL INFORMATION\t\t26\n\t8.A\tConsolidated statements and other financial information\t26\n\t8.B\tSignificant changes\t26\nITEM 9\tTHE OFFER AND LISTING\t\t26\n\t9.A\tOffer and listing details\t26\n\t9.B\tPlan of distribution\t26\n\t9.C\tMarkets\t26\n\t9.D\tSelling shareholders\t26\n\t9.E\tDilution\t26\n\t9.F\tExpenses of the issue\t26\nITEM 10\tADDITIONAL INFORMATION\t\t27\n\t10.A\tShare capital\t27\n\t10.B\tMemorandum of association and bylaws\t27\n\t10.C\tMaterial contracts\t27\n\t10.D\tExchange controls\t27\n\t10.E\tTaxation\t28\n\t10.F\tDividends and paying agents\t31\n\t10.G\tStatement by experts\t31\n\t10.H\tDocuments on display\t31\n\t10.I\tSubsidiary information\t31\n\t10.J\tDisclosure Pursuant to Section 13 (r) of the United States Exchange Act of 1934\t31\nITEM 11\tQUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK\t\t31\nITEM 12\tDESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES\t\t32\n\t12.A\tDebt Securities\t32\n", "q10k_tbl_1": "\t12.B\tWarrants and Rights\t32\n\t12.C\tOther Securities\t32\n\t12.D\tAmerican Depositary Shares\t32\nPART II\t\t\t33\nITEM 13\tDEFAULTS DIVIDEND ARREARAGES AND DELINQUENCIES\t\t33\nITEM 14\tMATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS\t\t33\nITEM 15\tCONTROLS AND PROCEDURES\t\t33\n\t15.A\tDisclosure controls and procedures\t33\n\t15.B\tManagement's annual report on internal control over financial reporting\t34\n\t15.C\tReport of independent registered public accounting firms\t34\n\t15.D\tChanges in internal control over financial reporting\t35\nITEM 16\t[RESERVED]\t\t35\nITEM 16A\tAUDIT COMMITTEE FINANCIAL EXPERT\t\t35\nITEM 16B\tCODE OF ETHICS\t\t35\nITEM 16C\tPRINCIPAL ACCOUNTANT FEES AND SERVICES\t\t35\nITEM 16D\tEXEMPTIONS FROM LISTING STANDARDS FOR AUDIT COMMITTEES\t\t35\nITEM 16E\tPURCHASE OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS\t\t36\nITEM 16F\tCHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT\t\t36\nITEM 16G\tCORPORATE GOVERNANCE\t\t36\nITEM 16H\tMINE SAFETY DISCLOSURE\t\t37\nPART III\t\t\t38\nITEM 17\tFINANCIAL STATEMENTS\t\t38\nITEM 18\tFINANCIAL STATEMENTS\t\t38\nITEM 19\tLIST OF EXHIBITS\t\t38\nSIGNATURE\t\t\t39\n2019 CONSOLIDATED FINANCIAL STATEMENTS\t\t\tF-1\nReport of independent registered public accounting firms\t\t\tF-1\n", "q10k_tbl_2": "Amounts in accordance with IFRS\t2019\t2018\t2017\t2016\t2015\n(in millions of euros except for earnings per share data)\t\t\t\t\t\nRevenues net\t42238\t41381\t40859\t40708\t40236\nOperating income\t5927\t4829\t4778\t3917\t4742\nFinance costs net\t(1254)\t(1362)\t(1715)\t(2097)\t(1583)\nNet income of continuing operations\t3226\t2158\t2011\t869\t2510\nNet income of discontinued operations\t0\t0\t29\t2253\t448\nNet income (attributable to owners of the parent company)\t3006\t1954\t1843\t2813\t2652\nEarnings per share attributable to owners of the parent company\t\t\t\t\t\nNet income of continuing operations\t\t\t\t\t\n- basic\t1.03\t0.63\t0.58\t0.10\t0.72\n- diluted\t1.02\t0.62\t0.58\t0.10\t0.72\nNet income of discontinued operations\t\t\t\t\t\n- basic\t0\t0\t0.01\t0.85\t0.17\n- diluted\t0\t0\t0.01\t0.85\t0.17\nNet income\t\t\t\t\t\n- basic\t1.03\t0.63\t0.59\t0.95\t0.89\n- diluted\t1.02\t0.62\t0.59\t0.95\t0.88\n", "q10k_tbl_3": "Amounts in accordance with IFRS\t2019\t2018\t2017\t2016\t2015\n(in millions of euros)\t\t\t\t\t\nIntangible assets (1)\t42381\t41247\t41250\t41581\t41398\nProperty plant and equipment\t28423\t27693\t26665\t25912\t25123\nTotal assets\t106303\t96592\t95349\t95411\t91430\nNet assets\t34416\t33249\t33512\t33845\t33267\nShare capital\t10640\t10640\t10640\t10640\t10596\nNumber of shares\t2660\t2660\t2660\t2660\t2649\nEquity attributable to the owners of the parent\t31727\t30669\t30975\t31241\t30907\n", "q10k_tbl_4": "Amounts in accordance with IFRS\t2019\t2018\t2017\t2016\t2015\n(in millions of euros)\t\t\t\t\t\nNet cash provided by operating activities\t10159\t9506\t10174\t8750\t9527\nNet cash used in investing activities\t(9370)\t(8552)\t(7941)\t(4879)\t(9406)\nPurchase of property plant and equipment and intangible assets\t(8422)\t(7642)\t(7527)\t(8492)\t(7771)\nNet cash used in financing activities\t55\t(1131)\t(2738)\t(1883)\t(3924)\nCash and cash equivalents - closing balance\t6481\t5634\t5810\t6355\t4469\n", "q10k_tbl_5": "\t2019\t2018\t2017\t2016\t2015\nDividend per share for the year (euros)\t0.70(3)\t0.70\t0.65\t0.60\t0.60\nDividend per share for the year (dollars) (4)\t0.77\t0.77\t0.72\t0.66\t0.66\n", "q10k_tbl_6": "\t2019\t2018\t2017\t2016\t2015\nNumber of fixed telephone lines (in millions)(5)\t37.8\t40.2\t41.7\t42.7\t43.5\nNumber of mobile customers (in millions)(5) (6)\t207.2\t203.6\t202.3\t190.6\t201.2\nNumber of broadband (mainly ADSL) customers (in millions)(5)\t20.7\t20.1\t19.4\t18.5\t18.1\nNumber of employees (workforce end of period)\t146768\t150711\t151556\t155202\t156191\n", "q10k_tbl_7": "\t2019\t2018\t2017\n(as of December 31 in millions of euros)\t\tdata on a historical basis\t\nOperating Income\t5927\t4829\t4778\nTelecom activities\t6112\t4997\t4870\nOrange Bank activities\t(186)\t(169)\t(93)\n", "q10k_tbl_8": "\t2019\t2018\t% change\t2017\n(as of December 31 in millions of euros)\t\tdata on a historical basis\t\t\nRevenue\t42238\t41381\t2.1%\t40859\nExternal purchases(2)\t(17897)\t(18563)\tna\t(18381)\nOther operating income and expenses(2) (3)\t193\t84\t131.1%\t165\nLabor expenses(2) (3)\t(8470)\t(8268)\t2.4%\t(8200)\nOperating taxes and levies(2) (3)\t(1827)\t(1809)\t1.0%\t(1851)\nGains (losses) on disposal of fixed assets investments and activities(3) (4)\t0\t180\tna\t88\nDepreciation and amortization of financed assets(5)\t(14)\tna\tna\tna\nDepreciation and amortization of right-of-use assets(5)\t(1239)\tna\tna\tna\nImpairment of financed assets(5)\t0\tna\tna\tna\nImpairment of right-of-use assets(5)\t0\tna\tna\tna\nAdjusted EBITDA (until December 31 2018)(4)\tna\t13005\tna\t12680\nSignificant litigations\t(49)\t(33)\t48.4%\t(271)\nSpecific labor expenses\t(23)\t(812)\t(97.2)%\t(374)\nFixed assets investments and businesses portfolio review(4)\t277\t17\tna\t(5)\nRestructuring programs costs\t(165)\t(189)\t(12.7)%\t(164)\nAcquisition and integration costs\t(24)\t(11)\t119.2%\t(3)\nDepreciation and amortization of fixed assets\t(7110)\t(7047)\t0.9%\t(6846)\nRemeasurement to fair value of previously held equity interests\t0\t0\t0\t(27)\nReclassification of cumulative translation adjustment from liquidated entities\t12\t1\tna\t(8)\nImpairment of goodwill\t(54)\t(56)\t(3.6)%\t(20)\nImpairment of fixed assets\t73\t(49)\tna\t(190)\nShare of profits (losses) of associates and joint ventures\t8\t3\t141.0%\t6\nOperating Income\t5927\t4829\t22.7%\t4778\n", "q10k_tbl_9": "At December 31 2019\tNote to the\tContractual\tTotal\tLess than 1\t1- 3 years\t3- 5 years\tMore than\n(in millions of euros)\tconsolidated\tobligations\tpayments\tyear\t\t\t5 years\n\tfinancial\treflected in the\tdue\t\t\t\t\n\tstatements\tbalance sheet\t\t\t\t\t\nGross financial debt after derivatives of telecom activities (incl. derivatives assets) (1)\t13.3\t36936\t36405\t4191\t6217\t4775\t21222\nFinancial liabilities of Orange Bank (2)\t16.2.1\t4279\t4279\t4119\t158\t0\t2\nTrade payables of telecom activities\t13.3\t10246\t10246\t9429\t176\t188\t453\nTrade payables of Orange Bank\t5.6\t102\t102\t102\t0\t0\t0\nFuture interests on financial liabilities\t13.3\t\t12055\t2097\t1967\t2001\t5990\nTotal Financial liabilities\t\t51563(3)\t63087\t19938\t8518\t6964\t27667\nLease liabilities\t9.1\t6492\t7142\t1280\t2094\t1570\t2197\nEmployee benefits\t6.2\t4814\t6769\t2404\t826\t495\t3045\nProvisions for dismantling\t8.7\t825\t977\t16\t32\t13\t916\nRestructuring provisions\t5.3\t216\t216\t120\t96\t0\t0\nOther liabilities\t5.7\t2448\t2448\t2095\t353\t0\t0\nOperating taxes and levies payables\t10.1.2\t1287\t1287\t1287\t0\t0\t0\nCurrent tax payables\t10.2.3\t748\t748\t748\t0\t0\t0\nTotal other liabilities (4)\t\t16830\t19588\t7950\t3400\t2078\t6158\nLease commitments\t\t\t752\t123\t200\t129\t301\nOther operational and purchase obligations\t\t\t12149\t4143\t2927\t1201\t3878\nUnrecognized operational contractual commitments\t15.1 & 16.3\t\t12901\t4266\t3126\t1330\t4179\nTOTAL\t\t\t95576\t32154\t15045\t10373\t38003\n", "q10k_tbl_10": "Number of employees - active employees at end of period\t2019\t2018\t2018\t2017\n\t\t\t(pro forma)\t\nOrange SA\t76301\t81257\t81257\t84246\nFrench subsidiaries (2)\t10941\t10622\t10622\t8513\nTotal France (1)\t87242\t91879\t91879\t92759\nInternational subsidiaries (1) (2)\t59526\t58832\t59588\t58797\nGroup total\t146768\t150711\t151467\t151556\n", "q10k_tbl_11": "Employees by contract type\t2019\t2018\t2018\t2017\n\t\t\t(pro forma)\t\nPermanent contracts\t143526\t147123\t147932\t148122\nTemporary contracts\t3242\t3588\t3535\t3434\nGroup total\t146768\t150711\t151467\t151556\n", "q10k_tbl_12": "Employees by business line\t2019\t2018\t2017\nSupport\t19.6%\t19.5%\t0\nCustomer\t33.0%\t32.8%\t0\nSupport functions\t12.1%\t12.6%\t0\nInnovation and Technology\t32.3%\t32.3%\t0\nOther\t3.0%\t2.8%\t0\nGroup total (1)\t100%\t100%\t0\n", "q10k_tbl_13": "Employees by gender\t2019\t2018\t2017\nWomen\t36.0%\t36.1%\t36.1%\nMen\t64.0%\t63.9%\t63.9%\nGroup total (1)\t100%\t100%\t100%\n", "q10k_tbl_14": "Employees by age\t2019\t2018\t2017\nUnder 30\t13.3%\t13.2%\t12.4%\nBetween 30 and 50\t55.0%\t53.7%\t52.5%\nOver 50\t31.7%\t33.1%\t35.1%\nGroup total (1)\t100%\t100%\t100%\n", "q10k_tbl_15": "Employees by geographical area (1)\t2019\t2018\t2017\nFrance\t59.4%\t61.0%\t62.1%\nSpain\t4.0%\t3.8%\t3.6%\nPoland\t8.5%\t9.0%\t9.9%\nother European countries\t15.5%\t8.3%\t7.3%\nAfrica\t9.7%\t11.6%\t11.2%\nAsia-Pacific\t1.3%\t3.9%\t3.7%\nNorth and South America\t1.6%\t2.4%\t2.2%\nGroup total (2)\t100.0%\t100.0%\t100.0%\n", "q10k_tbl_16": "Number of permanent external hires\t2019\t2018\t2017\nOrange SA\t1419\t1701\t1542\nFrench subsidiaries\t1554\t1503\t1197\nTotal France (1)\t2973\t3204\t2739\nInternational subsidiaries (1)\t8081\t7948\t7176\nGroup total\t11054\t11152\t9915\n", "q10k_tbl_17": "Number of permanent employee resignations\t2019\t2018\t2017\nOrange SA\t189\t178\t137\nFrench subsidiaries\t722\t571\t375\nTotal France (1)\t911\t749\t512\nInternational subsidiaries (1)\t5204\t4847\t4107\nGroup total\t6115\t5596\t4619\n", "q10k_tbl_18": "Number of permanent employee dismissals\t2019\t2018\t2017\nOrange SA\t49\t43\t39\nFrench subsidiaries\t66\t39\t51\nTotal France (1)\t115\t82\t90\nInternational subsidiaries (1)\t1916\t2005\t1908\nGroup total\t2031\t2087\t1998\n", "q10k_tbl_19": "Professional integration - Group in France (1)\t2019 (4)\t2018\t2017\nNumber of new intern students received during the year (2)\t2614\t2617\t2691\nNumber of work-based learning contracts signed during the year (3)\t3510\t3535\t3516\n", "q10k_tbl_20": "Interim employees - Group France (1)\t2019 (3)\t2018\t2017\nAmount of payments made to external companies for employee placement (in millions of euros)\t36.7\t40.7\t35.6\nMonthly average number of temporary workers (2)\t775\t855\t756\n", "q10k_tbl_21": "Outsourcing - Group France (1)\t2019 (3)\t2018\t2017\nAmount for subcontractors (in millions of euros)\t2745.3\t2529.9\t2227.5\nFull-time equivalent workforce (monthly average) (2)\t34049\t31100\t29196\n", "q10k_tbl_22": "Depositary actions:\tFee:\n− Issuance of ADSs including issuances resulting from a distribution of shares or rights or other property\t5.00 (or less) per 100 ADSs (or portion of 100 ADSs)\n− Cancellation of ADSs for the purpose of withdrawal including if the Deposit Agree­ment terminates\t5.00 (or less) per 100 ADSs (or portion of 100 ADSs)\n− Any cash distribution to ADS registered holders\t0.05 (or less) per ADS\n− Distribution of securities distributed to holders of deposited securities which are distributed by the Depositary to ADS registered holders\tA fee equivalent to the fee that would be payable if securities distributed to holders of deposited securities had been shares and the shares had been deposited for issuance of ADSs\n− Transfer and registration of shares on the Depositary's share register to or from the name of the Depositary or its agent when depositing or withdrawing shares\tRegistration or transfer fees\n", "q10k_tbl_23": "Settlement month\tTotal number of shares purchased (1)\tWeighted average gross price per share (€)\tTotal number of shares purchased as part of publicly announced programs\tMaximum number of shares that may yet be purchased under the programs (2)\nJanuary 2019\t1022000\t13.8229\t1022000\t235768140\nFebruary 2019\t648000\t13.4140\t648000\t235120140\nMarch 2019\t1321948\t13.9029\t1321948\t233798192\nApril 2019\t1660954\t14.5770\t1660954\t232137238\nMay 2019\t1421000\t13.8587\t1421000\t264584660\nJune 2019\t2133999\t13.8383\t2133999\t262450661\nJuly 2019\t2925730\t13.6051\t2925730\t259524931\nAugust 2019\t2436000\t13.3375\t2436000\t257088931\nSeptember 2019\t1639446\t13.7984\t1639446\t255449485\nOctober 2019\t3035409\t14.5834\t3035409\t252414076\nNovember 2019\t1659445\t14.3927\t1659445\t250754631\nDecember 2019\t3252713\t13.7658\t3252713\t247501918\nTotal\t23156644\t23156644\t\t\n", "q10k_tbl_24": "NYSE Standards\tCorporate Governance Practices of Orange\nBoard Independence\tOrange's Board of Directors has chosen to check the independence of its members against the criteria set out in France in the Afep-Medef Report (defined in Item 16G as \"the Report\") which provides that one-third of board members should be independent. According to the criteria the Report sets out seven members (out of the total of 15 current board members) are independent. Orange has not tested the independence of its board members under the NYSE standards; a majority of the board may not be independent under those criteria. The criteria against which the directors' independence must be tested as provided in the Report are set forth in section 5.2.1.2 Independent Directors on pages 350 and 351 of the 2019 Registration Document filed as Exhibit 15.1 of this document and is incorporated this section by reference.\nExecutive Sessions/ Communications with the Presiding Director or Non-Management Directors\tFrench law does not require (and Orange does not provide for) non-management directors to meet regularly without management and nothing requires non-management directors to meet alone in an executive session at least once a year. However if the directors decide to meet in such session they may do so. French law does not mandate (and Orange does not provide for) a method for interested parties to communicate with the presiding director or non-management directors.\nCompensation/Nominating/ Corporate Governance Committee\tOrange has a combined Governance and Corporate Environmental and Social Responsibility Committee. The Committee consists of four directors including two independent directors (according to the criteria set out in the Report). The NYSE standards provide for the implementation of two separate committees (a Nominating Committee and a Compensation Committee) composed exclusively of independent directors. In terms of internal mechanics while the Committee has a written charter it does not comply with all the requirements of the NYSE.\nAudit Committee\tOrange's Audit Committee consists of five directors including three independent directors (according to the criteria set out in the Report) and two non-independent directors. Of those one is a representative of the French Government and one is an employee who is not an executive officer of the Issuer. While not meeting the definition of independence set forth in Rules 10A-3 (b) (1) of the Exchange Act as amended they fall within the exceptions under Rule 10A-3(b)(1)(iv) (C) relating to non-executive employees and Rule 10A-3(b)(1)(iv) (E) relating to foreign government representatives. For its part the Report recommends that two-thirds of an audit committee's members should be independent. The Committee is responsible for organizing the procedure for selecting the statutory auditors. It makes a recommendation to the Board of Directors regarding their choice and terms of compensation. As required by French law the actual appointment of the statutory auditors is made by the Shareholders' Meeting. According to its charter the Committee has the authority to engage advisors and determine appropriate funding for payment of compensation to an accounting firm for an audit or other service.\nEquity Compensation Plans\tUnder French law Orange must obtain shareholder approval at a Shareholders' Meeting in order to adopt an equity compensation plan. Generally the shareholders then delegate to the Board of Directors the authority to decide on the specific terms and conditions of the granting of equity compensation within the limits of the shareholders' authorization.\nAdoption and disclosure of corporate governance guidelines\tOrange has adopted corporate governance guidelines (the \"Internal Guidelines\" available on its website at www.orange.com under Group/Governance/Documentation) as required by French law. These corporate governance guidelines do not cover all items required by NYSE guidelines for U.S. companies.\nCode of Ethics\tOrange has adopted a Code of Ethics to be observed by all its directors officers and other employees that generally meets the requirements of the NYSE.\n", "q10k_tbl_25": "1.*\tBylaws (statuts) of Orange as amended on May 4 2018.\n2.(a)**\tForm of Amended and Restated Deposit Agreement among the Depositary owners and holders of American Depositary Shares.\n2.(c)***\tIndenture dated March 14 2001 between Orange (formerly France Telecom) and inter alia Citibank NA as Trustee.\n8.\tList of Orange's subsidiaries: see Note 19 Main consolidated entities to the consolidated financial statements included in Item 18.\n12.1\tCertification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.\n12.2\tCertification of Delegate Chief Executive Officer acting in his capacity as Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.\n13.1\tCertification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350 as adopted by Section 906 of the Sarbanes-Oxley Act of 2002.\n13.2\tCertification of Delegate Chief Executive Officer acting in his capacity as Chief Financial Officer pursuant to 18 U.S.C. Section 1350 as adopted by Section 906 of the Sarbanes-Oxley Act of 2002.\n15.1\tExcerpt of the pages and sections of the 2019 Registration Document that form a part of this document and are incorporated by reference in certain sections of this document as specified.\n15.2\tConsent of Ernst & Young Audit as auditors of Orange.\n15.3\tConsent of KPMG S.A. as auditors of Orange.\n", "q10k_tbl_26": "IFRS\tChanges in consolidation scope\tBT shares\nApplication of IFRS 16 "Leases"\tAcquisition of SecureData and SecureLink\tSale of BT Group Plc shares\nIFRS 16 has been applied since January 1 2019. Information on the first-time adoption of IFRS 16 "Leases" on January 1 2019 is presented in Note 2.3 "New standards and interpretations applied from January 1 2019"..\tIn January 2019 Orange took control of SecureData. In July 2019 Orange took control of SecureLink..\tIn June 2019 the Group sold its remaining 2.49% equity interest in BT Group Plc for a net amount of 486 million pounds sterling (543 million euros)..\nNote 2.3.1\tNote 3.2\tNote 12.7\n", "q10k_tbl_27": "Financial statements\t\t\nConsolidated income statement\t\tF - 7\nConsolidated statement of comprehensive income\t\tF - 8\nConsolidated statement of financial position\t\tF - 9\nConsolidated statements of changes in shareholders' equity\t\tF - 10\nAnalysis of changes in shareholders' equity related to components of the other comprehensive income\t\tF - 11\nConsolidated statement of cash flows\t\tF - 12\nNotes to the consolidated financial statements\t\tF - 14\nNote 1\tSegment information\tF - 14\n1.1\tSegment revenue\tF - 14\n1.2\tSegment revenue to consolidated net income in 2019\tF - 16\n1.3\tSegment revenue to segment operating income in 2018 and 2017\tF - 18\n1.4\tSegment investments\tF - 20\n1.5\tSegment assets\tF - 22\n1.6\tSegment equity and liabilities\tF - 24\n1.7\tSimplified statement of cash flows on telecommunication and Orange Bank activities\tF - 26\n1.8\tDefinition of operating segments and performance indicators\tF - 29\nNote 2\tDescription of business and basis of preparation of the consolidated financial statements\tF - 31\n2.1\tDescription of business\tF - 31\n2.2\tBasis of preparation of the financial statements\tF - 31\n2.3\tNew standards and interpretations applied from January 1 2019\tF - 32\n2.4\tMain standards and interpretations compulsory after December 31 2019 with no early application elected by the Group\tF - 34\n2.5\tAccounting policies use of judgment and estimates\tF - 35\nNote 3\tGains and losses on disposal and main changes in scope of consolidation\tF - 37\n3.1\tGains (losses) on disposal of fixed assets investments and activities\tF - 37\n3.2\tMain changes in the scope of consolidation\tF - 37\nNote 4\tSales\tF - 39\n4.1\tRevenue\tF - 39\n4.2\tOther operating income\tF - 41\n4.3\tTrade receivables\tF - 41\n4.4\tCustomer contract net assets and liabilities\tF - 43\n4.5\tDeferred income\tF - 45\n4.6\tOther assets\tF - 45\n4.7\tRelated party transactions\tF - 46\nNote 5\tPurchases and other expenses\tF - 46\n5.1\tExternal purchases\tF - 46\n5.2\tOther operating expenses\tF - 46\n5.3\tRestructuring and integration costs\tF - 47\n5.4\tBroadcasting rights and equipment inventories\tF - 48\n5.5\tPrepaid expenses\tF - 49\n5.6\tTrade payables\tF - 49\n5.7\tOther liabilities\tF - 49\n5.8\tRelated party transactions\tF - 50\nNote 6\tEmployee benefits\tF - 50\n6.1\tLabor expenses\tF - 50\n6.2\tEmployee benefits\tF - 50\n6.3\tShare-based payment\tF - 53\n6.4\tExecutive compensation\tF - 56\nNote 7\tImpairment losses and goodwill\tF - 56\n7.1\tImpairment losses\tF - 56\n7.2\tGoodwill\tF - 57\n7.3\tKey assumptions used to determine recoverable amounts\tF - 57\n7.4\tSensitivity of recoverable amounts\tF - 58\n", "q10k_tbl_28": "Note 8\tFixed assets\tF - 60\n8.1\tGains (losses) on disposal of fixed assets\tF - 60\n8.2\tDepreciation and amortization\tF - 60\n8.3\tImpairment of fixed assets\tF - 62\n8.4\tOther intangible assets\tF - 62\n8.5\tProperty plant and equipment\tF - 64\n8.6\tFixed assets payables\tF - 66\n8.7\tDismantling provision\tF - 66\nNote 9\tLease agreements\tF - 66\n9.1\tLease liabilities\tF - 67\n9.2\tRight-of-use assets\tF - 68\nNote 10\tTaxes\tF - 68\n10.1\tOperating taxes and levies\tF - 68\n10.2\tIncome tax\tF - 70\nNote 11\tInterests in associates and joint ventures\tF - 74\nNote 12\tFinancial assets liabilities and financial results (excluding Orange Bank)\tF - 75\n12.1\tFinancial assets and liabilities of telecom activities\tF - 75\n12.2\tProfits and losses related to financial assets and liabilities\tF - 75\n12.3\tNet financial debt\tF - 76\n12.4\tTDIRA\tF - 79\n12.5\tBonds\tF - 79\n12.6\tLoans from development organizations and multilateral lending institutions\tF - 81\n12.7\tFinancial assets\tF - 82\n12.8\tDerivatives instruments\tF - 84\nNote 13\tInformation on market risk and fair value of financial assets and liabilities (excluding Orange Bank)\tF - 87\n13.1\tInterest rate risk management\tF - 87\n13.2\tForeign exchange risk management\tF - 87\n13.3\tLiquidity risk management\tF - 88\n13.4\tFinancial ratios\tF - 90\n13.5\tCredit risk and counterparty risk management\tF - 90\n13.6\tEquity market risk\tF - 91\n13.7\tCapital management\tF - 91\n13.8\tFair value of financial assets and liabilities\tF - 91\nNote 14\tShareholders' equity\tF - 94\n14.1\tChanges in share capital\tF - 94\n14.2\tTreasury shares\tF - 94\n14.3\tDividends\tF - 94\n14.4\tSubordinated notes\tF - 95\n14.5\tTranslation adjustment\tF - 97\n14.6\tNon-controlling interests\tF - 97\n14.7\tEarnings per share\tF - 99\nNote 15\tUnrecognized contractual commitments (excluding Orange Bank)\tF - 99\n15.1\tOperating activities commitments\tF - 100\n15.2\tConsolidation scope commitments\tF - 102\n15.3\tFinancing commitments\tF - 102\nNote 16\tActivities of Orange Bank\tF - 103\n16.1\tFinancial assets and liabilities of Orange Bank\tF - 103\n16.2\tInformation on market risk management with respect to Orange Bank activities\tF - 107\n16.3\tOrange Bank's unrecognized contractual commitments\tF - 109\nNote 17\tLitigation\tF - 109\nNote 18\tSubsequent events\tF - 111\nNote 19\tMain consolidated entities\tF - 112\nNote 20\tAuditors' fees\tF - 113\n", "q10k_tbl_29": "(in millions of euros except for per share data)\tNote\t2019 (1)\t2018\t2017\nRevenue\t4.1\t42238\t41381\t40859\nExternal purchases\t5.1\t(17897)\t(18563)\t(18381)\nOther operating income\t4.2\t720\t580\t613\nOther operating expenses\t5.2\t(599)\t(505)\t(724)\nLabor expenses\t6.1\t(8494)\t(9074)\t(8574)\nOperating taxes and levies\t10.1.1\t(1827)\t(1840)\t(1846)\nGains (losses) on disposal of fixed assets investments and activities\t3.1\t277\t197\t83\nRestructuring costs\t5.3\t(132)\t(199)\t(167)\nDepreciation and amortization of fixed assets\t8.2\t(7110)\t(7047)\t(6846)\nDepreciation and amortization of financed assets\t8.5\t(14)\t0\t0\nDepreciation and amortization of right-of-use assets\t9.2\t(1239)\t0\t0\nEffects resulting from business combinations\t\t0\t0\t(27)\nReclassification of translation adjustment from liquidated entities\t\t12\t1\t(8)\nImpairment of goodwill\t7.1\t(54)\t(56)\t(20)\nImpairment of fixed assets\t8.3\t73\t(49)\t(190)\nImpairment of right-of-use assets\t9.2\t(33)\t0\t0\nShare of profits (losses) of associates and joint ventures\t11\t8\t3\t6\nOperating income\t\t5927\t4829\t4778\nCost of gross financial debt excluding financed assets\t\t(1108)\t(1341)\t(1274)\nInterests on debts related to financed assets\t\t(1)\t0\t0\nGains (losses) on assets contributing to net financial debt\t\t5\t9\t11\nForeign exchange gain (loss)\t\t76\t(4)\t(63)\nInterests on lease liabilities\t\t(122)\t0\t0\nOther net financial expenses\t\t15\t25\t(17)\nEffects resulting from BT stake\t12.7\t(119)\t(51)\t(372)\nFinance costs net\t12.2\t(1254)\t(1362)\t(1715)\nIncome tax\t10.2.1\t(1447)\t(1309)\t(1052)\nConsolidated net income of continuing operations\t\t3226\t2158\t2011\nConsolidated net income of discontinued operations (EE)\t\t0\t0\t29\nConsolidated net income\t\t3226\t2158\t2040\nNet income attributable to owners of the parent company\t\t3006\t1954\t1843\nNon-controlling interests\t14.6\t220\t204\t197\nEarnings per share (in euros) attributable to parent company\t14.7\t\t\t\nNet income of continuing operations\t\t\t\t\n- basic\t\t1.03\t0.63\t0.58\n- diluted\t\t1.02\t0.62\t0.58\nNet income of discontinued operations\t\t\t\t\n- basic\t\t0\t0.00\t0.01\n- diluted\t\t0\t0.00\t0.01\nNet income\t\t\t\t\n- basic\t\t1.03\t0.63\t0.59\n- diluted\t\t1.02\t0.62\t0.59\n", "q10k_tbl_30": "(in millions of euros)\tNote\t2019\t2018\t2017\nConsolidated net income\t\t3226\t2158\t2040\nRemeasurements of the net defined benefit liability\t6.2\t(109)\t45\t16\nAssets at fair value\t12.7-16.1\t(25)\t(22)\t0\nIncome tax relating to items that will not be reclassified\t10.2.2\t30\t(6)\t(23)\nShare of other comprehensive income in associates and joint ventures that will not be reclassified\t11\t0\t0\t(9)\nItems that will not be reclassified to profit or loss (a)\t\t(104)\t17\t(16)\nAssets at fair value\t12.7-16.1\t9\t(8)\t0\nAssets available for sale\t12.7-16.1\t0\t0\t23\nCash flow hedges\t12.8.2\t144\t(67)\t49\nTranslation adjustment gains and losses\t14.5\t78\t(7)\t(176)\nIncome tax relating to items that are or may be reclassified\t10.2.2\t(47)\t18\t6\nShare of other comprehensive income in associates and joint ventures that are or may be reclassified\t\t0\t0\t0\nItems that are or may be reclassified subsequently to profit or loss (b)\t\t184\t(64)\t(98)\nOther comprehensive income from continuing operations (a) + (b)\t\t80\t(47)\t(114)\nItems that will not be reclassified to profit or loss (c)\t\t0\t0\t0\nItems that are or may be reclassified to profit or loss (d)\t\t0\t0\t0\nOther comprehensive income of discontinued operations (c) + (d)\t\t0\t0\t0\nOther consolidated comprehensive income (a) + (b) + (c) + (d)\t\t80\t(47)\t(114)\nConsolidated comprehensive income\t\t3307\t2111\t1926\nComprehensive income attributable to the owners of the parent company\t\t3075\t1898\t1770\nComprehensive income attributable to non-controlling interests\t\t232\t213\t156\n", "q10k_tbl_31": "(in millions of euros)\tNote\tDecember 31\tDecember 31\tDecember 31\n\t\t2019 (1)\t2018\t2017\nAssets\t\t\t\t\nGoodwill\t7.2\t27644\t27174\t26911\nOther intangible assets\t8.4\t14737\t14073\t14339\nProperty plant and equipment\t8.5\t28423\t27693\t26665\nRight-of-use assets\t9.2\t6263\t0\t0\nInterests in associates and joint ventures\t11\t103\t104\t77\nNon-current financial assets related to Orange Bank activities\t16.1\t1259\t1617\t1464\nNon-current financial assets\t12.1\t1208\t2282\t2247\nNon-current derivatives assets\t12.1\t562\t263\t213\nOther non-current assets\t4.6\t125\t129\t110\nDeferred tax assets\t10.2.3\t992\t1366\t1586\nTotal non-current assets\t\t81316\t74701\t73612\nInventories\t5.4\t906\t965\t827\nTrade receivables\t4.3\t5320\t5295\t5175\nOther customer contract assets\t4.4\t1209\t1166\t1204\nCurrent financial assets related to Orange Bank activities\t16.1\t3095\t3075\t3275\nCurrent financial assets\t12.1\t4766\t2748\t2686\nCurrent derivatives assets\t12.1\t12\t139\t34\nOther current assets\t4.6\t1258\t1152\t1094\nOperating taxes and levies receivables\t10.1.2\t1090\t1027\t1045\nCurrent tax assets\t10.2.3\t120\t119\t132\nPrepaid expenses\t5.5\t730\t571\t455\nCash and cash equivalents\t12.1\t6481\t5634\t5810\nTotal current assets\t\t24987\t21891\t21737\nAssets held for sale\t\t0\t0\t0\nTotal assets\t\t106303\t96592\t95349\nEquity and liabilities\t\t\t\t\nShare capital\t\t10640\t10640\t10640\nShare premiums and statutory reserve\t\t16859\t16859\t16859\nSubordinated notes\t\t5803\t5803\t5803\nRetained earnings\t\t(1575)\t(2633)\t(2327)\nEquity attributable to the owners of the parent company\t\t31727\t30669\t30975\nNon-controlling interests\t\t2688\t2580\t2537\nTotal equity\t14\t34416\t33249\t33512\nNon-current financial liabilities\t12.1\t33148\t26749\t26293\nNon-current derivatives liabilities\t12.1\t487\t775\t1002\nNon-current lease liabilities\t9.1\t5225\t0\t0\nNon-current fixed assets payables\t8.6\t817\t612\t610\nNon-current financial liabilities related to Orange Bank activities\t16.1\t0\t0\t0\nNon-current employee benefits\t6.2\t2554\t2823\t2674\nNon-current dismantling provision\t8.7\t810\t765\t774\nNon-current restructuring provision\t5.3\t96\t230\t251\nOther non-current liabilities\t5.7\t353\t462\t521\nDeferred tax liabilities\t10.2.3\t703\t631\t655\nTotal non-current liabilities\t\t44192\t33047\t32780\nCurrent financial liabilities\t12.1\t3925\t7270\t6030\nCurrent derivatives liabilities\t12.1\t22\t133\t34\nCurrent lease liabilities\t9.1\t1267\t0\t0\nCurrent fixed assets payables\t8.6\t2848\t2835\t3046\nTrade payables\t5.6\t6682\t6736\t6527\nCustomer contract liabilities\t4.4\t2093\t2002\t2021\nCurrent financial liabilities related to Orange Bank activities\t16.1\t4279\t4835\t4941\nCurrent employee benefits\t6.2\t2261\t2392\t2448\nCurrent dismantling provision\t8.7\t15\t11\t15\nCurrent restructuring provision\t5.3\t120\t159\t126\nOther current liabilities\t5.7\t2095\t1788\t1935\nOperating taxes and levies payables\t10.1.2\t1287\t1322\t1262\nCurrent tax payables\t10.2.3\t748\t755\t596\nDeferred income\t4.5\t51\t58\t76\nTotal current liabilities\t\t27695\t30296\t29057\nLiabilities related to assets held for sale\t\t0\t0\t0\nTotal equity and liabilities\t\t106303\t96592\t95349\n", "q10k_tbl_32": "(in millions of euros)\t\tAttributable to owners of the parent company\t\t\t\t\t\t\tAttributable to non-controlling interests\t\t\tTotal\n\t\tNumber of\tShare\tShare\tSubor-\tReserves\tOther\tTotal\tReserves\tOther\tTotal\tequity\n\t\tissued\tcapital\tpremiums\tdinated\t\tcompre-\t\t\tcompre-\t\t\n\t\tshares\t\tand\tnotes\t\thensive\t\t\thensive\t\t\n\t\t\t\tstatutory\t\t\tincome\t\t\tincome\t\t\n\t\t\t\treserve\t\t\t\t\t\t\t\t\nBalance as of January 1 2017\t\t2660056599\t10640\t16859\t5803\t(1658)\t(403)\t31241\t2349\t255\t2604\t33845\nConsolidated comprehensive income\t\t0\t0\t0\t0\t1843\t(73)\t1770\t197\t(41)\t156\t1926\nCapital increase\t\t0\t0\t0\t0\t0\t0\t0\t0\t0\t0\t0\nShare-based compensation\t6.3\t0\t0\t0\t0\t8\t0\t8\t(3)\t0\t(3)\t5\nPurchase of treasury shares\t14.2\t0\t0\t0\t0\t(5)\t0\t(5)\t0\t0\t0\t(5)\nDividends\t14.3\t0\t0\t0\t0\t(1729)\t0\t(1729)\t(234)\t0\t(234)\t(1963)\nSubordinated notes remuneration\t14.4\t0\t0\t0\t0\t(282)\t0\t(282)\t0\t0\t0\t(282)\nChanges in ownership interests with no gain/loss of control\t3.2\t0\t0\t0\t0\t(2)\t0\t(2)\t2\t0\t2\t0\nOther movements\t\t0\t0\t0\t0\t(26)\t0\t(26)\t12\t0\t12\t(14)\nBalance as of December 31 2017\t\t2660056599\t10640\t16859\t5803\t(1851)\t(476)\t30975\t2323\t214\t2537\t33512\nEffect of IFRS 9 application\t\t0\t0\t0\t0\t20\t(39)\t(19)\t(4)\t0\t(4)\t(23)\nBalance as of January 1 2018 after effect of IFRS 9 application\t\t2660056599\t10640\t16859\t5803\t(1831)\t(515)\t30956\t2319\t214\t2533\t33489\nConsolidated comprehensive income\t\t0\t0\t0\t0\t1954\t(56)\t1898\t204\t9\t213\t2111\nShare-based compensation\t6.3\t0\t0\t0\t0\t46\t0\t46\t4\t0\t4\t50\nPurchase of treasury shares\t14.2\t0\t0\t0\t0\t(98)\t0\t(98)\t0\t0\t0\t(98)\nDividends\t14.3\t0\t0\t0\t0\t(1860)\t0\t(1860)\t(246)\t0\t(246)\t(2106)\nSubordinated notes remuneration\t14.4\t0\t0\t0\t0\t(280)\t0\t(280)\t0\t0\t0\t(280)\nChanges in ownership interests with no gain/loss of control\t3.2\t0\t0\t0\t0\t(3)\t0\t(3)\t(9)\t0\t(9)\t(12)\nChanges in ownership interests with gain/loss of control\t3.2\t0\t0\t0\t0\t0\t0\t0\t11\t0\t11\t11\nOther movements\t\t0\t0\t0\t0\t10\t0\t10\t74\t0\t74\t84\nBalance as of December 31 2018\t\t2660056599\t10640\t16859\t5803\t(2062)\t(571)\t30669\t2357\t223\t2580\t33249\nEffect of IFRS 16 application (1)\t\t0\t0\t0\t0\t2\t0\t2\t0\t0\t0\t2\nBalance as of January 1 2019 after effect of IFRS 16 application\t\t2660056599\t10640\t16859\t5803\t(2060)\t(571)\t30671\t2357\t223\t2580\t33251\nConsolidated comprehensive income\t\t0\t0\t0\t0\t3006\t69\t3075\t220\t11\t232\t3307\nShare-based compensation\t6.3\t0\t0\t0\t0\t52\t0\t52\t3\t0\t3\t55\nPurchase of treasury shares\t14.2\t0\t0\t0\t0\t(34)\t0\t(34)\t0\t0\t0\t(34)\nDividends\t14.3\t0\t0\t0\t0\t(1857)\t0\t(1857)\t(248)\t0\t(248)\t(2105)\nSubordinated notes remuneration (2)\t14.4\t0\t0\t0\t0\t(297)\t0\t(297)\t0\t0\t0\t(297)\nChanges in ownership interests with no gain/loss of control\t3.2\t0\t0\t0\t0\t4\t0\t4\t1\t0\t1\t5\nChanges in ownership interests with gain/loss of control\t3.2\t0\t0\t0\t0\t0\t0\t0\t2\t0\t2\t2\nOther movements (3)\t\t0\t0\t0\t0\t114\t0\t114\t119\t0\t119\t233\nBalance as of December 31 2019\t\t2660056599\t10640\t16859\t5803\t(1073)\t(502)\t31727\t2454\t234\t2688\t34416\n", "q10k_tbl_33": "(in millions of euros)\tAttributable to owners of the parent company\t\t\t\t\t\t\t\tAttributable to non-controlling interests\t\t\t\t\t\t\tTotal\n\tAssets\tAssets at\tHedging\tTranslation\tActuarial\tDeferred\tOther\tTotal\tAssets\tAssets at\tHedging\tTranslation\tActuarial\tDeferred\tTotal\tother\n\tavailable\tfair value\tinstruments\tadjustment\tgains\ttax\tcompre-\t\tavailable\tfair value\tinstruments\tadjustment\tgains\ttax\t\tcompre-\n\tfor sale\t\t\t\tand\t\thensive\t\tfor\t\t\t\tand\t\t\thensive\n\t\t\t\t\tlosses\t\tincome\t\tsale\t\t\t\tlosses\t\t\tincome\n\t\t\t\t\t\t\tof associates\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tand joint\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tventures (2)\t\t\t\t\t\t\t\t\t\nBalance as of January 1 2017\t34\t0\t(249)\t164\t(557)\t236\t(31)\t(403)\t(2)\t0\t0\t271\t(16)\t2\t255\t(148)\nVariation\t22\t0\t53\t(137)\t16\t(18)\t(9)\t(73)\t1\t0\t(4)\t(39)\t0\t1\t(41)\t(114)\nBalance as of December 31 2017\t56\t0\t(196)\t27\t(541)\t218\t(40)\t(476)\t(1)\t0\t(4)\t232\t(16)\t3\t214\t(262)\nEffect of IFRS 9 application\t(56)\t17\t0\t0\t0\t0\t0\t(39)\t1\t(1)\t0\t0\t0\t0\t0\t(39)\nBalance as of January 1 2018 after effect of IFRS 9 application\t0\t17\t(196)\t27\t(541)\t218\t(40)\t(515)\t0\t(1)\t(4)\t232\t(16)\t3\t214\t(301)\nVariation\t0\t(27)\t(68)\t(12)\t37\t14\t0\t(56)\t0\t(3)\t1\t5\t8\t(2)\t9\t(47)\nBalance as of December 31 2018\t0\t(10)\t(264)\t15\t(504)\t232\t(40)\t(571)\t0\t(4)\t(3)\t237\t(8)\t1\t223\t(348)\nEffect of IFRS 16 application (1)\t0\t0\t0\t0\t0\t0\t0\t0\t0\t0\t0\t0\t0\t0\t0\t0\nBalance as of January 1 2019 after effect of IFRS 16 application\t0\t(10)\t(264)\t15\t(504)\t232\t(40)\t(571)\t0\t(4)\t(3)\t237\t(8)\t1\t223\t(348)\nVariation\t0\t(18)\t147\t64\t(107)\t(16)\t0\t69\t0\t3\t(3)\t14\t(2)\t(1)\t11\t80\nBalance as of December 31 2019\t0\t(28)\t(117)\t78\t(611)\t216\t(40)\t(502)\t0\t(2)\t(6)\t251\t(10)\t1\t234\t(268)\n", "q10k_tbl_34": "(in millions of euros)\tNote\t2019 (1)\t2018\t2017\nOperating activities\t\t\t\t\nConsolidated net income\t\t3226\t2158\t2040\nNon-monetary items and reclassified items for presentation\t\t\t\t\nOperating taxes and levies\t10.1\t1827\t1840\t1846\nGains (losses) on disposal of fixed assets investments and activities\t3.1\t(277)\t(197)\t(83)\nOther gains and losses\t\t(9)\t0\t0\nDepreciation and amortization of fixed assets\t8.2\t7110\t7047\t6846\nDepreciation and amortization of financed assets\t8.5\t14\t0\t0\nDepreciation and amortization of right-of-use assets\t9.2\t1239\t0\t0\nChanges in provisions\t4-5-6-8\t(484)\t(17)\t(80)\nRemeasurement to fair value of previously held equity interests\t3.2\t0\t0\t27\nReclassification of cumulative translation adjustment from liquidated entities\t\t(12)\t(1)\t8\nImpairment of goodwill\t7.1\t54\t56\t20\nImpairment of fixed assets\t8.3\t(73)\t49\t190\nImpairment of right-of-use assets\t9.2\t33\t0\t0\nShare of profits (losses) of associates and joint ventures\t11\t(8)\t(3)\t(6)\nNet income after tax of discontinued operations (EE)\t3.2\t0\t(0)\t(29)\nOperational net foreign exchange and derivatives\t\t9\t2\t2\nFinance costs net\t12.2\t1254\t1362\t1715\nIncome tax\t10.2\t1447\t1309\t1052\nShare-based compensation\t6.3\t55\t50\t5\nChanges in working capital\t\t\t\t\nDecrease (increase) in inventories gross\t\t69\t(152)\t(14)\nDecrease (increase) in trade receivables gross\t\t(45)\t(97)\t(262)\nIncrease (decrease) in trade payables\t\t(85)\t177\t412\nChanges in other customer contract assets and liabilities\t\t(60)\t12\t112\nChanges in other assets and liabilities (2)\t\t(813)\t(176)\t164\nOther net cash out\t\t\t\t\nOperating taxes and levies paid\t10.1\t(1939)\t(1777)\t(1934)\nDividends received\t\t17\t51\t55\nInterest paid and interest rates effects on derivatives net (3)\t\t(1312)\t(1259)\t(1329)\nIncome tax paid\t10.2.3\t(1079)\t(928)\t(583)\nNet cash provided by operating activities (a)\t\t10159\t9506\t10174\no/w discontinued operations (EE)\t\t0\t0\t0\nInvesting activities\t\t\t\t\nPurchases (sales) of property plant and equipment and intangible assets\t\t\t\t\nPurchases of property plant and equipment and intangible assets (4)\t8.4-8.5\t(8422)\t(7642)\t(7527)\nIncrease (decrease) in fixed assets payables\t\t179\t(289)\t(69)\nInvesting donations received in advance\t\t32\t47\t71\nSales of property plant and equipment and intangible assets (5)\t\t628\t192\t147\nCash paid for investment securities net of cash acquired\t\t\t\t\nSecureLink\t3.2\t(371)\t0\t0\nSecureData\t3.2\t(95)\t0\t0\nBasefarm\t3.2\t0\t(230)\t0\nBusiness & Decision\t3.2\t0\t(36)\t0\nLiberia\t\t0\t(3)\t0\nBurkina Faso\t\t0\t21\t(10)\nSierra Leone\t\t0\t19\t0\nOthers\t\t(93)\t(55)\t(24)\nInvestments in associates and joint ventures\t\t(2)\t(6)\t0\nOther purchases of assets available for sale\t\t0\t0\t(43)\nPurchases of equity securities measured at fair value\t\t(44)\t(104)\t(7)\nSales of EE\t\t0\t0\t50\nSales of BT\t12.7\t543\t53\t433\nSales of other investment securities net of cash transferred\t\t(14)\t57\t32\nDecrease (increase) in securities and other financial assets\t\t0\t0\t0\nInvestments at fair value excluding cash equivalents\t\t(2025)\t55\t(1013)\nOther (6)\t\t314\t(631)\t19\nNet cash used in investing activities (b)\t\t(9370)\t(8552)\t(7941)\no/w discontinued operations (EE)\t\t0\t0\t0\n", "q10k_tbl_35": "(in millions of euros)\tNote\t2019 (1)\t2018\t2017\nFinancing activities\t\t\t\t\nMedium and long-term debt issuances\t12.5-12.6\t8351\t5214\t2450\nMedium and long-term debt redemptions and repayments(7)\t12.5-12.6\t(4650)\t(4095)\t(2728)\nRepayments of lease liabilities\t\t(1398)\t0\t0\nIncrease (decrease) of bank overdrafts and short-term borrowings\t\t(945)\t(43)\t949\nDecrease (increase) of cash collateral deposits\t\t590\t208\t(1127)\nExchange rates effects on derivatives net\t\t26\t7\t(66)\nCoupon on subordinated notes\t14.4\t500\t0\t0\nCoupon and other fees on subordinated notes issuance\t14.4\t(357)\t(280)\t(282)\nPurchases of treasury shares - Orange Vision 2020 free share award plan\t14.2\t(27)\t(101)\t0\nOther proceeds (purchases) from treasury shares\t14.2\t(7)\t3\t(4)\nCapital increase (decrease) - non-controlling interests\t\t79\t68\t34\nChanges in ownership interests with no gain / loss of control\t\t(7)\t(6)\t1\nDividends paid to owners of the parent company\t14.3\t(1857)\t(1860)\t(1729)\nDividends paid to non-controlling interests\t14.6\t(243)\t(246)\t(236)\nNet cash used in financing activities (c)\t\t55\t(1131)\t(2738)\no/w discontinued operations (EE)\t\t0\t0\t0\nNet change in cash and cash equivalents (a) + (b) + (c)\t\t844\t(177)\t(505)\nNet change in cash and cash equivalents\t\t\t\t\nCash and cash equivalents in the opening balance\t\t5634\t5810\t6355\no/w continuing operations\t\t5634\t5810\t6355\no/w discontinued operations\t\t0\t0\t0\nCash change in cash and cash equivalents\t\t844\t(177)\t(505)\nNon-cash change in cash and cash equivalents\t\t3\t1\t(40)\nEffect of exchange rates changes on cash and cash equivalents and other non-monetary effects\t\t3\t1\t(40)\nCash and cash equivalents in the closing balance\t\t6481\t5634\t5810\n", "q10k_tbl_36": "(in millions of euros)\tFrance\tSpain\tEurope\nDecember 31 2019\t\t\t\nRevenue(3)\t18154\t5280\t5783\nConvergence services\t4397\t2092\t623\nMobile services only\t2324\t1161\t2143\nFixed services only\t4086\t501\t644\nIT & integration services\t0\t6\t232\nWholesale\t5487\t901\t1071\nEquipment sales\t1351\t620\t898\nOther revenue\t509\t0\t173\nExternal\t17492\t5230\t5695\nInter-operating segments\t662\t50\t88\nDecember 31 2018\t\t\t\nRevenue(3)\t18211\t5349\t5687\nConvergence services\t4458\t2143\t467\nMobile services only\t2348\t1215\t2194\nFixed services only\t4168 (4)\t496\t697\nIT & integration services\t0\t1\t158\nWholesale\t5342\t810\t1150\nEquipment sales\t1410\t684\t868\nOther revenue\t485\t0\t153\nExternal\t17615\t5299\t5601\nInter-operating segments\t596\t50\t86\nDecember 31 2017\t\t\t\nRevenue(3)\t18046\t5231\t5578\nConvergence services\t4045\t2078\t305\nMobile services only\t2409\t1229\t2254\nFixed services only\t4344 (4)\t501\t757\nIT & integration services\t0\t0\t129\nWholesale\t5388\t754\t1133\nEquipment sales\t1386\t669\t840\nOther revenue\t474\t0\t160\nExternal\t17463\t5177\t5496\nInter-operating segments\t583\t54\t82\n", "q10k_tbl_37": "(in millions of euros)\tAfrica &\tEnterprise (1)\tInternational\tEliminations\tTotal telecom\tOrange Bank\tEliminations\tOrange\n\tMiddle-East\t\tCarriers\t\tactivities\t\ttelecom\tconsolidated\n\t\t\t& Shared\t\t\t\tactivities /\tfinancial\n\t\t\tServices (2)\t\t\t\tbank\tstatements\nDecember 31 2019\t\t\t\t\t\t\t\t\nRevenue(3)\t5646\t7820\t1498\t(1939)\t42242\t0\t(4)\t42238\nConvergence services\t0\t0\t0\t0\t7111\t0\t0\t7111\nMobile services only\t4230\t727\t0\t(40)\t10545\t0\t0\t10544\nFixed services only\t493\t3963 (5)\t0\t(178)\t9509\t0\t0\t9508\nIT & integration services\t14\t2909\t0\t(155)\t3006\t0\t(3)\t3004\nWholesale\t780\t34\t1077\t(1416)\t7933\t0\t0\t7933\nEquipment sales\t96\t187\t0\t(6)\t3146\t0\t0\t3146\nOther revenue\t32\t0\t421\t(142)\t992\t0\t(1)\t991\nExternal\t5430\t7437\t955\t0\t42238\t0\t0\t42238\nInter-operating segments\t216\t383\t543\t(1939)\t4\t0\t(4)\t0\nDecember 31 2018\t\t\t\t\t\t\t\t\nRevenue(3)\t5190\t7292\t1534\t(1879)\t41384\t0\t(3)\t41381\nConvergence services\t0\t0\t0\t0\t7068\t0\t0\t7068\nMobile services only\t3809\t743\t0\t(37)\t10272\t0\t0\t10272\nFixed services only\t435\t3997 (5)\t0\t(189)\t9604\t0\t0\t9604\nIT & integration services\t21\t2312\t0\t(141)\t2351\t0\t(2)\t2349\nWholesale\t811\t35\t1150\t(1367)\t7931\t0\t0\t7931\nEquipment sales\t85\t205\t0\t(7)\t3245\t0\t0\t3245\nOther revenue\t29\t0\t384\t(138)\t913\t0\t(1)\t912\nExternal\t4980\t6914\t972\t0\t41381\t0\t0\t41381\nInter-operating segments\t210\t378\t562\t(1879)\t3\t0\t(3)\t0\nDecember 31 2017\t\t\t\t\t\t\t\t\nRevenue(3)\t5030\t7251\t1651\t(1926)\t40861\t0\t(2)\t40859\nConvergence services\t0\t0\t0\t(1)\t6427\t0\t0\t6427\nMobile services only\t3600\t751\t0\t(41)\t10202\t0\t0\t10202\nFixed services only\t431\t4152 (5)\t0\t(191)\t9994\t0\t0\t9994\nIT & integration services\t7\t2092\t0\t(150)\t2078\t0\t(1)\t2077\nWholesale\t894\t32\t1275\t(1411)\t8065\t0\t0\t8065\nEquipment sales\t66\t224\t0\t0\t3185\t0\t0\t3185\nOther revenue\t32\t0\t376\t(132)\t910\t0\t(1)\t909\nExternal\t4779\t6860\t1084\t0\t40859\t0\t0\t40859\nInter-operating segments\t251\t391\t567\t(1926)\t2\t0\t(2)\t0\n", "q10k_tbl_38": "(in millions of euros)\tFrance\tSpain\tEurope\tAfrica &\n\t\t\t\tMiddle-East\nRevenue\t18154\t5280\t5783\t5646\nExternal purchases\t(7036)\t(2907)\t(3341)\t(2465)\nOther operating income\t1392\t221\t148\t72\nOther operating expenses\t(553)\t(207)\t(173)\t(245)\nLabor expenses\t(3730)\t(271)\t(678)\t(507)\nOperating taxes and levies\t(893)\t(160)\t(84)\t(495)\nGains (losses) on disposal of fixed assets investments and activities\t0\t0\t0\t0\nRestructuring costs\t0\t0\t0\t0\nDepreciation and amortization of financed assets\t(14)\t0\t0\t0\nDepreciation and amortization of right-of-use assets\t(175)\t(298)\t(147)\t(121)\nImpairment of right-of-use assets\t0\t0\t0\t0\nInterests on debts related to financed assets(3)\t(1)\t0\t0\t0\nInterests on lease liabilities(3)\t(9)\t(12)\t(17)\t(70)\nEBITDAaL (1)\t7135\t1646\t1492\t1815\nSignificant litigations (1)\t0\t0\t0\t0\nSpecific labour expenses (1)\t(32)\t0\t2\t0\nFixed assets investments and businesses portfolio review (1)\t4\t56\t63\t(19)\nRestructuring programs costs (1)\t(45)\t(12)\t(55)\t(4)\nAcquisition and integration costs (1)\t0\t0\t(5)\t0\nDepreciation and amortization of fixed assets\t(3179)\t(1076)\t(1119)\t(972)\nReclassification of translation adjustment from liquidated entities\t0\t0\t0\t2\nImpairment of goodwill\t0\t0\t0\t(54)\nImpairment of fixed assets\t(1)\t0\t(15)\t89\nShare of profits (losses) of associates and joint ventures\t0\t0\t1\t12\nElimination of interests on debts related to financed assets(3)\t1\t0\t0\t0\nElimination of interests on lease liabilities(3)\t9\t12\t17\t70\nOperating Income\t3892\t626\t382\t939\nCost of gross financial debt except financed assets\t0\t0\t0\t0\nInterests on debts related to financed assets(3)\t0\t0\t0\t0\nGains (losses) on assets contributing to net financial debt\t0\t0\t0\t0\nForeign exchange gain (loss)\t0\t0\t0\t0\nInterests on lease liabilities(3)\t0\t0\t0\t0\nOther net financial expenses\t0\t0\t0\t0\nEffects resulting from BT sale\t0\t0\t0\t0\nFinance costs net\t0\t0\t0\t0\nIncome Tax\t0\t0\t0\t0\nConsolidated net income of continuing operations\t0\t0\t0\t0\nConsolidated net income of discontinued operations\t0\t0\t0\t0\nConsolidated net income\t0\t0\t0\t0\n", "q10k_tbl_39": "(in millions of euros)\tEnterprise\tInternational\tElimination\tTotal\tOrange\tEliminations\tTotal\tPresentation\tOrange\n\t\tCarriers &\ttelecom\ttelecom\tBank (2)\ttelecom\t\tadjust-\tconsoli-\n\t\tShared\tactivities\tactivities\t\tactivites /\t\tments(3)\tdated financial\n\t\tServices\t\t\t\tbank\t\t\tstatements\nRevenue\t7820\t1498\t(1939)\t42242\t0\t(4)\t42238\t0\t42238\nExternal purchases\t(3991)\t(2041)\t3974\t(17806)\t(96)\t5\t(17897)\t0\t(17897)\nOther operating income\t169\t2088\t(3396)\t694\t43\t(17)\t720\t0\t720\nOther operating expenses\t(634)\t(63)\t1361\t(515)\t(29)\t17\t(527)\t(72)\t(599)\nLabor expenses\t(1949)\t(1261)\t0\t(8397)\t(73)\t0\t(8470)\t(24)\t(8494)\nOperating taxes and levies\t(115)\t(80)\t0\t(1827)\t(1)\t0\t(1827)\t0\t(1827)\nGains (losses) on disposal of fixed assets investments and activities\t0\t0\t0\t0\t0\t0\t0\t277\t277\nRestructuring costs\t0\t0\t0\t0\t0\t0\t0\t(132)\t(132)\nDepreciation and amortization of financed assets\t0\t0\t0\t(14)\t0\t0\t(14)\t0\t(14)\nDepreciation and amortization of right-of-use assets\t(104)\t(391)\t0\t(1237)\t(3)\t0\t(1239)\t0\t(1239)\nImpairment of right-of-use assets\t0\t0\t0\t0\t0\t0\t0\t(33)\t(33)\nInterests on debts related to financed assets(3)\t0\t0\t0\t(1)\t0\t0\t(1)\t1\t0\nInterests on lease liabilities(3)\t(4)\t(10)\t0\t(122)\t0\t0\t(122)\t122\t0\nEBITDAaL (1)\t1191\t(261)\t0\t13019\t(160)\t1\t12860\t138\t0\nSignificant litigations (1)\t0\t(49)\t0\t(49)\t0\t0\t(49)\t49\t0\nSpecific labour expenses (1)\t1\t6\t0\t(23)\t0\t0\t(23)\t23\t0\nFixed assets investments and businesses portfolio review (1)\t0\t172\t0\t277\t0\t0\t277\t(277)\t0\nRestructuring programs costs (1)\t(16)\t(31)\t0\t(163)\t(2)\t0\t(165)\t165\t0\nAcquisition and integration costs (1)\t(11)\t(8)\t0\t(24)\t0\t0\t(24)\t24\t0\nDepreciation and amortization of fixed assets\t(399)\t(340)\t0\t(7086)\t(24)\t0\t(7110)\t0\t(7110)\nReclassification of translation adjustment from liquidated entities\t0\t10\t0\t12\t0\t0\t12\t0\t12\nImpairment of goodwill\t0\t0\t0\t(54)\t0\t0\t(54)\t0\t(54)\nImpairment of fixed assets\t1\t(1)\t0\t73\t0\t0\t73\t0\t73\nShare of profits (losses) of associates and joint ventures\t1\t(7)\t0\t8\t0\t0\t8\t0\t8\nElimination of interests on debts related to financed assets(3)\t0\t0\t0\t1\t0\t0\t1\t(1)\t0\nElimination of interests on lease liabilities(3)\t4\t10\t0\t122\t0\t0\t122\t(122)\t0\nOperating Income\t772\t(499)\t0\t6112\t(186)\t1\t5927\t0\t5927\nCost of gross financial debt except financed assets\t0\t0\t0\t0\t0\t0\t0\t0\t(1108)\nInterests on debts related to financed assets(3)\t0\t0\t0\t0\t0\t0\t0\t0\t(1)\nGains (losses) on assets contributing to net financial debt\t0\t0\t0\t0\t0\t0\t0\t0\t5\nForeign exchange gain (loss)\t0\t0\t0\t0\t0\t0\t0\t0\t76\nInterests on lease liabilities(3)\t0\t0\t0\t0\t0\t0\t0\t0\t(122)\nOther net financial expenses\t0\t0\t0\t0\t0\t0\t0\t0\t15\nEffects resulting from BT sale\t0\t0\t0\t0\t0\t0\t0\t0\t(119)\nFinance costs net\t0\t0\t0\t0\t0\t0\t0\t0\t(1254)\nIncome Tax\t0\t0\t0\t0\t0\t0\t0\t0\t(1447)\nConsolidated net income of continuing operations\t0\t0\t0\t0\t0\t0\t0\t0\t3226\nConsolidated net income of discontinued operations\t0\t0\t0\t0\t0\t0\t0\t0\t0\nConsolidated net income\t0\t0\t0\t0\t0\t0\t0\t0\t3226\n", "q10k_tbl_40": "(in millions of euros)\tFrance\tSpain\tEurope\tAfrica &\n\t\t\t\tMiddle-East\nDecember 31 2018\t\t\t\t\nRevenue\t18211\t5349\t5687\t5190\nExternal purchases\t(7167)\t(3204)\t(3412)\t(2521)\nOther operating income\t1377\t155\t130\t68\nOther operating expenses\t(535)\t(211)\t(168)\t(231)\nLabor expenses\t(3833)\t(263)\t(681)\t(468)\nOperating taxes and levies\t(977)\t(161)\t(93)\t(391)\nGains (losses) on disposal of fixed assets investments and activities\t0\t35\t45\t20\nRestructuring and integration costs\t0\t0\t0\t0\nAdjusted EBITDA(1)\t7076\t1700\t1508\t1667\nSignificant litigations\t0\t(31)\t0\t0\nSpecific labour expenses\t(614)\t0\t0\t0\nInvestments and businesses portfolio review\t0\t0\t0\t0\nRestructuring and integration costs\t(114)\t(9)\t(6)\t(12)\nReported EBITDA(1)\t6348\t1660\t1502\t1655\nDepreciation and amortization\t(3148)\t(1105)\t(1164)\t(906)\nReclassification of cumulative translation adjustment from liquidated entities\t0\t0\t0\t0\nImpairment of goodwill\t0\t0\t0\t(56)\nImpairment of fixed assets\t(2)\t0\t1\t(46)\nShare of profits (losses) of associates and joint ventures\t0\t0\t0\t12\nOperating income\t3198\t555\t339\t659\nDecember 31 2017\t\t\t\t\nRevenue\t18046\t5231\t5578\t5030\nExternal purchases\t(7123)\t(3157)\t(3368)\t(2444)\nOther operating income\t1453\t110\t146\t73\nOther operating expenses\t(553)\t(202)\t(149)\t(209)\nLabor expenses\t(3987)\t(255)\t(690)\t(426)\nOperating taxes and levies\t(965)\t(160)\t(88)\t(418)\nGains (losses) on disposal of fixed assets investments and activities\t7\t0\t27\t6\nRestructuring and integration costs\t0\t0\t0\t0\nAdjusted EBITDA(1)\t6878\t1567\t1456\t1612\nSignificant litigations\t(115)\t0\t0\t0\nSpecific labour expenses\t(307)\t0\t1\t0\nInvestments and businesses portfolio review\t0\t0\t(1)\t0\nRestructuring and integration costs\t(12)\t(4)\t(39)\t(21)\nOther special items\t0\t0\t0\t0\nReported EBITDA(1)\t6444\t1563\t1417\t1591\nDepreciation and amortization\t(3073)\t(1008)\t(1157)\t(902)\nEffects resulting from business combinations\t0\t0\t0\t0\nReclassification of cumulative translation adjustment from liquidated entities\t0\t0\t0\t0\nImpairment of goodwill\t0\t0\t(19)\t(1)\nImpairment of fixed assets\t(3)\t0\t(1)\t(180)\nShare of profits (losses) of associates and joint ventures\t0\t0\t0\t14\nOperating income\t3368\t555\t240\t522\n", "q10k_tbl_41": "(in millions of euros)\tEnterprise\tInternational\tElimination\tTotal\tOrange\tEliminations\tTotal\tPresentation\tOrange\n\t\tCarriers &\ttelecom\ttelecom\tBank(2)\ttelecom\t\tadjustments(3)\tconsolidated\n\t\tShared\tactivities\tactivities\t\tactivities /\t\t\tfinancial\n\t\tServices\t\t\t\tbank\t\t\tstatements\nDecember 31 2018\t\t\t\t\t\t\t\t\t\nRevenue\t7292\t1534\t(1879)\t41384\t0\t(3)\t41381\t0\t41381\nExternal purchases\t(3696)\t(2469)\t3990\t(18479)\t(87)\t3\t(18563)\t0\t(18563)\nOther operating income\t148\t2146\t(3468)\t556\t44\t(20)\t580\t0\t580\nOther operating expenses\t(661)\t(35)\t1357\t(484)\t(33)\t21\t(496)\t(9)\t(505)\nLabor expenses\t(1718)\t(1235)\t0\t(8198)\t(70)\t0\t(8268)\t(806)\t(9074)\nOperating taxes and levies\t(120)\t(66)\t0\t(1808)\t(1)\t0\t(1809)\t(31)\t(1840)\nGains (losses) on disposal of fixed assets investments and activities\t0\t80\t0\t180\t0\t0\t180\t17\t197\nRestructuring and integration costs\t0\t0\t0\t0\t0\t0\t0\t(199)\t(199)\nAdjusted EBITDA(1)\t1245\t(45)\t0\t13151\t(147)\t1\t13005\t(1028)\t0\nSignificant litigations\t0\t(2)\t0\t(33)\t0\t0\t(33)\t33\t0\nSpecific labour expenses\t(68)\t(129)\t0\t(811)\t(1)\t0\t(812)(4)\t812\t0\nInvestments and businesses portfolio review\t0\t17\t0\t17\t0\t0\t17\t(17)\t0\nRestructuring and integration costs\t(24)\t(35)\t0\t(200)\t0\t0\t(200)\t200\t0\nReported EBITDA(1)\t1153\t(194)\t0\t12124\t(148)\t1\t11977\t0\t11977\nDepreciation and amortization\t(387)\t(316)\t0\t(7026)\t(21)\t0\t(7047)\t0\t(7047)\nReclassification of cumulative translation adjustment from liquidated entities\t0\t1\t0\t1\t0\t0\t1\t0\t1\nImpairment of goodwill\t0\t0\t0\t(56)\t0\t0\t(56)\t0\t(56)\nImpairment of fixed assets\t0\t(2)\t0\t(49)\t0\t0\t(49)\t0\t(49)\nShare of profits (losses) of associates and joint ventures\t(1)\t(8)\t0\t3\t0\t0\t3\t0\t3\nOperating income\t765\t(519)\t0\t4997\t(169)\t1\t4829\t0\t4829\nDecember 31 2017\t\t\t\t\t\t\t\t\t\nRevenue\t7251\t1651\t(1926)\t40861\t0\t(2)\t40859\t0\t40859\nExternal purchases\t(3735)\t(2771)\t4278\t(18320)\t(63)\t2\t(18381)\t0\t(18381)\nOther operating income\t169\t2318\t(3741)\t528\t78\t(7)\t599\t14\t613\nOther operating expenses\t(652)\t(52)\t1389\t(428)\t(14)\t8\t(434)\t(290)\t(724)\nLabor expenses\t(1588)\t(1192)\t0\t(8138)\t(62)\t0\t(8200)\t(374)\t(8574)\nOperating taxes and levies\t(139)\t(80)\t0\t(1850)\t(1)\t0\t(1851)\t5\t(1846)\nGains (losses) on disposal of fixed assets investments and activities\t0\t48\t0\t88\t0\t0\t88\t(5)\t83\nRestructuring and integration costs\t0\t0\t0\t0\t0\t0\t0\t(167)\t(167)\nAdjusted EBITDA(1)\t1306\t(78)\t0\t12741\t(62)\t1\t12680\t(817)\t0\nSignificant litigations\t0\t(156)\t0\t(271)\t0\t0\t(271)\t271\t0\nSpecific labour expenses\t(15)\t(53)\t0\t(374)\t0\t0\t(374)\t374\t0\nInvestments and businesses portfolio review\t0\t(4)\t0\t(5)\t0\t0\t(5)\t5\t0\nRestructuring and integration costs\t(33)\t(58)\t0\t(167)\t0\t0\t(167)\t167\t0\nOther special items\t\t0\t0\t0\t0\t0\t0\t0\t0\nReported EBITDA(1)\t1258\t(349)\t0\t11924\t(62)\t1\t11863\t0\t11863\nDepreciation and amortization\t(371)\t(331)\t0\t(6842)\t(4)\t0\t(6846)\t0\t(6846)\nEffects resulting from business combinations\t0\t0\t0\t0\t(27)\t0\t(27)\t0\t(27)\nReclassification of cumulative translation adjustment from liquidated entities\t0\t(8)\t0\t(8)\t0\t0\t(8)\t0\t(8)\nImpairment of goodwill\t0\t0\t0\t(20)\t0\t0\t(20)\t0\t(20)\nImpairment of fixed assets\t0\t(7)\t0\t(190)\t0\t0\t(190)\t0\t(190)\nShare of profits (losses) of associates and joint ventures\t1\t(9)\t0\t6\t0\t0\t6\t0\t6\nOperating income\t889\t(704)\t0\t4870\t(93)\t1\t4778\t0\t4778\n", "q10k_tbl_42": "(in millions of euros)\tFrance\tSpain\tEurope\nDecember 31 2019\t\t\t\neCapex (1)\t4052\t812\t869\nElimination of proceeds from sales of property plant and equipment and intangible assets\t95\t185\t103\nTelecommunications licenses\t0\t298\t9\nFinanced assets\t144\t0\t0\nTotal investments (5)\t4291\t1296\t982\nDecember 31 2018\t\t\t\nCapex (2)\t3656\t1120\t953\nTelecommunications licenses\t(1)\t149\t10\nFinance leases\t1\t70\t32\nTotal investments (6)\t3656\t1339\t995\nDecember 31 2017\t\t\t\nCapex (2)\t3451\t1115\t897\nTelecommunications licenses\t11\t10\t0\nFinance leases\t1\t4\t11\nTotal investments (7)\t3463\t1129\t908\n", "q10k_tbl_43": "(in millions of euros)\tAfrica &\tEnterprise (3)\tInternational\tEliminations\tTotal\tOrange\tEliminations\tOrange\n\tMiddle-East\t\tCarriers\ttelecom\ttelecom\tBank\ttelecom\tconsolidated\n\t\t\t& Shared\tactivities\tactivities\t\tactivities /\tfinancial\n\t\t\tServices (4)\tand\t\t\tbank\tstatements\n\t\t\t\tunallocated\t\t\t\t\n\t\t\t\titems\t\t\t\t\nDecember 31 2019\t\t\t\t\t\t\t\t\neCapex (1)\t987\t404\t141\t0\t7265\t28\t0\t7293\nElimination of proceeds from sales of property plant and equipment and intangible assets\t13\t5\t208\t0\t610\t0\t0\t610\nTelecommunications licenses\t212\t0\t0\t0\t519\t0\t0\t519\nFinanced assets\t0\t0\t0\t0\t144\t0\t0\t144\nTotal investments (5)\t1211\t410\t348\t0\t8538\t28\t0\t8565\nDecember 31 2018\t\t\t\t\t\t\t\t\nCapex (2)\t1008\t353\t316\t0\t7406\t36\t0\t7442\nTelecommunications licenses\t42\t0\t0\t0\t200\t0\t0\t200\nFinance leases\t2\t31\t0\t0\t136\t0\t0\t136\nTotal investments (6)\t1052\t384\t316\t0\t7742\t36\t0\t7778\nDecember 31 2017\t\t\t\t\t\t\t\t\nCapex (2)\t1021\t382\t282\t0\t7148\t61\t0\t7209\nTelecommunications licenses\t297\t0\t0\t0\t318\t0\t0\t318\nFinance leases\t1\t24\t2\t0\t43\t0\t0\t43\nTotal investments (7)\t1319\t406\t284\t0\t7509\t61\t0\t7570\n", "q10k_tbl_44": "(in millions of euros)\tFrance\tSpain\tEurope\nDecember 31 2019\t\t\t\nGoodwill\t14364\t6872\t2665\nOther intangible assets\t3968\t1961\t1941\nProperty plant and equipment\t15308\t3673\t4109\nRight-of-use assets\t1174\t1123\t930\nInterests in associates and joint ventures\t3\t0\t5\nNon-current assets included in the calculation of net financial debt\t0\t0\t0\nOther\t10\t17\t22\nTotal non-current assets\t34827\t13645\t9673\nInventories\t463\t61\t149\nTrade receivables\t1477\t667\t1210\nOther customer contract assets\t432\t150\t380\nPrepaid expenses\t41\t401\t43\nCurrent assets included in the calculation of net financial debt\t0\t0\t0\nOther\t699\t62\t74\nTotal current assets\t3113\t1341\t1855\nAssets held for sale\t0\t0\t0\nTotal assets\t37940\t14986\t11529\nDecember 31 2018\t\t\t\nGoodwill\t14364\t6840\t2581\nOther intangible assets\t3921\t1778\t2015\nProperty plant and equipment\t14306\t3730\t4150\nInterests in associates and joint ventures\t0\t1\t4\nNon-current assets included in the calculation of net financial debt\t0\t0\t0\nOther\t11\t17\t15\nTotal non-current assets\t32602\t12366\t8765\nInventories\t505\t79\t171\nTrade receivables\t1506\t699\t1227\nOther customer contract assets\t443\t140\t363\nPrepaid expenses\t68\t241\t35\nCurrent assets included in the calculation of net financial debt\t0\t0\t0\nOther\t776\t60\t75\nTotal current assets\t3298\t1219\t1871\nAssets held for sale\t0\t0\t0\nTotal assets\t35900\t13585\t10636\nDecember 31 2017\t\t\t\nGoodwill\t14364\t6818\t2589\nOther intangible assets\t4099\t1742\t2204\nProperty plant and equipment\t13637\t3542\t4236\nInterests in associates and joint ventures\t0\t1\t4\nNon-current assets included in the calculation of net financial debt\t0\t0\t0\nOther\t4\t17\t16\nTotal non-current assets\t32104\t12120\t9049\nInventories\t402\t79\t149\nTrade receivables\t1590\t686\t1143\nOther customer contract assets\t451\t132\t411\nPrepaid expenses\t76\t152\t37\nCurrent assets included in the calculation of net financial debt\t0\t0\t0\nOther\t828\t64\t45\nTotal current assets\t3347\t1113\t1785\nAssets held for sale\t0\t0\t0\nTotal assets\t35451\t13233\t10834\n", "q10k_tbl_45": "(in millions of euros)\tAfrica &\tEnterprise (1)\tInternational\tEliminations\tTotal\tOrange\tEliminations\tOrange\n\tMiddle-East\t\tCarriers\ttelecom\ttelecom\tBank\ttelecom\tconsolidated\n\t\t\t& Shared\tactivities\tactivities\t\tactivities /\tfinancial\n\t\t\tServices (2)\tand\t\t\tbank\tstatements\n\t\t\t\tunallocated\t\t\t\t\n\t\t\t\titems\t\t\t\t\nDecember 31 2019\t\t\t\t\t\t\t\t\nGoodwill\t1481\t2245\t18\t0\t27644\t0\t0\t27644\nOther intangible assets\t2318\t695\t3766\t0\t14649\t88\t0\t14737\nProperty plant and equipment\t3674\t526\t1128\t0\t28418\t5\t0\t28423\nRight-of-use assets\t881\t314\t1815\t0\t6237\t26\t0\t6263\nInterests in associates and joint ventures\t84\t1\t10\t0\t103\t0\t0\t103\nNon-current assets included in the calculation of net financial debt\t0\t0\t0\t685\t685\t0\t0\t685\nOther\t22\t25\t19\t2104\t2219\t1268 (4)\t(27)\t3460\nTotal non-current assets\t8461\t3805\t6757\t2789\t79956\t1387\t(27)\t81316\nInventories\t76\t60\t96\t0\t906\t0\t0\t906\nTrade receivables\t720\t1067\t974\t(771)\t5343\t1\t(24)\t5320\nOther customer contract assets\t11\t237\t0\t0\t1209\t0\t0\t1209\nPrepaid expenses\t87\t143\t26\t(16)\t725\t5\t0\t730\nCurrent assets included in the calculation of net financial debt\t0\t0\t0\t10820\t10820\t0\t0\t10820\nOther\t968\t216\t330\t145\t2494\t3511 (5)\t(3)\t6002\nTotal current assets\t1862\t1723\t1426\t10178\t21498\t3517\t(28)\t24987\nAssets held for sale\t0\t0\t0\t0\t0\t0\t0\t0\nTotal assets\t10323\t5527\t8182\t12967\t101454\t4904\t(55)\t106303\nDecember 31 2018\t\t\t\t\t\t\t\t\nGoodwill\t1542\t1830\t17\t0\t27174\t0\t0\t27174\nOther intangible assets\t2106\t388\t3780\t1\t13989\t84\t0\t14073\nProperty plant and equipment\t3443\t540\t1519\t0\t27688\t5\t0\t27693\nInterests in associates and joint ventures\t82\t0\t17\t0\t104\t0\t0\t104\nNon-current assets included in the calculation of net financial debt\t0\t0\t0\t816\t816\t0\t0\t816\nOther\t23\t23\t19\t3123 (3)\t3231\t1637 (4)\t(27)\t4841\nTotal non-current assets\t7196\t2781\t5352\t3940\t73002\t1726\t(27)\t74701\nInventories\t82\t49\t79\t0\t965\t0\t0\t965\nTrade receivables\t761\t821\t946\t(631)\t5329\t0\t(34)\t5295\nOther customer contract assets\t8\t212\t0\t0\t1166\t0\t0\t1166\nPrepaid expenses\t89\t71\t82\t(17)\t569\t2\t0\t571\nCurrent assets included in the calculation of net financial debt\t0\t0\t0\t7886\t7886\t0\t0\t7886\nOther\t811\t174\t374\t51\t2321\t3687 (5)\t0\t6008\nTotal current assets\t1751\t1327\t1481\t7289\t18236\t3689\t(34)\t21891\nAssets held for sale\t0\t0\t0\t0\t0\t0\t0\t0\nTotal assets\t8947\t4108\t6833\t11229\t91238\t5415\t(61)\t96592\nDecember 31 2017\t\t\t\t\t\t\t\t\nGoodwill\t1629\t1493\t18\t0\t26911\t0\t0\t26911\nOther intangible assets\t2160\t342\t3720\t1\t14268\t71\t0\t14339\nProperty plant and equipment\t3193\t479\t1575\t0\t26662\t3\t0\t26665\nInterests in associates and joint ventures\t70\t1\t1\t0\t77\t0\t0\t77\nNon-current assets included in the calculation of net financial debt\t0\t0\t0\t895\t895\t0\t0\t895\nOther\t13\t22\t18\t3166 (3)\t3256\t1496 (4)\t(27)\t4725\nTotal non-current assets\t7065\t2337\t5332\t4062\t72069\t1570\t(27)\t73612\nInventories\t78\t45\t74\t0\t827\t0\t0\t827\nTrade receivables\t690\t807\t881\t(613)\t5184\t0\t(9)\t5175\nOther customer contract assets\t0\t210\t0\t0\t1204\t0\t0\t1204\nPrepaid expenses\t67\t48\t93\t(19)\t454\t1\t0\t455\nCurrent assets included in the calculation of net financial debt\t0\t0\t0\t8014\t8014\t0\t0\t8014\nOther\t757\t165\t268\t146\t2273\t3941 (5)\t(152)\t6062\nTotal current assets\t1592\t1275\t1316\t7528\t17956\t3942\t(161)\t21737\nAssets held for sale\t0\t0\t0\t0\t0\t0\t0\t0\nTotal assets\t8657\t3612\t6648\t11590\t90025\t5512\t(188)\t95349\n", "q10k_tbl_46": "(in millions of euros)\tFrance\tSpain\tEurope\nDecember 31 2019\t\t\t\nEquity\t0\t0\t0\nNon-current lease liabilities\t961\t945\t788\nFixed assets payables\t35\t366\t251\nNon-current employee benefits\t1461\t17\t34\nNon-current liabilities included in the calculation of net financial debt\t0\t0\t0\nOther\t574\t80\t301\nTotal non-current liabilities\t3030\t1409\t1373\nCurrent lease liabilities\t170\t284\t166\nFixed assets payables\t1144\t563\t407\nTrade payables\t2682\t1051\t935\nCustomer contracts liabilities\t1015\t98\t335\nCurrent employee benefits\t1224\t33\t110\nDeferred income\t2\t0\t6\nCurrent liabilities included in the calculation of net financial debt\t0\t0\t0\nOther\t781\t178\t268\nTotal current liabilities\t7017\t2207\t2226\nLiabilities related to assets held for sale\t0\t0\t0\nTotal equity and liabilities\t10047\t3616\t3599\nDecember 31 2018\t\t\t\nEquity\t0\t0\t0\nFixed assets payables\t48\t119\t291\nNon-current employee benefits\t1726\t11\t33\nNon-current liabilities included in the calculation of net financial debt\t0\t0\t0\nOther\t635\t126\t243\nTotal non-current liabilities\t2409\t256\t567\nFixed assets payables\t1116\t598\t398\nTrade payables\t2598\t1055\t926\nCustomer contracts liabilities\t1091\t66\t322\nCurrent employee benefits\t1307\t38\t102\nDeferred income\t2\t0\t3\nCurrent liabilities included in the calculation of net financial debt\t0\t0\t0\nOther\t846\t148\t253\nTotal current liabilities\t6960\t1905\t2004\nLiabilities related to assets held for sale\t0\t0\t0\nTotal equity and liabilities\t9369\t2161\t2571\nDecember 31 2017\t\t\t\nEquity\t0\t0\t0\nFixed assets payables\t75\t0\t327\nNon-current employee benefits\t1601\t5\t33\nNon-current liabilities included in the calculation of net financial debt\t0\t0\t0\nOther\t663\t134\t263\nTotal non-current liabilities\t2339\t139\t623\nFixed assets payables\t1438\t532\t392\nTrade payables\t2487\t985\t843\nCustomer contracts liabilities\t1162\t78\t280\nCurrent employee benefits\t1451\t38\t109\nDeferred income\t3\t0\t3\nCurrent liabilities included in the calculation of net financial debt\t0\t0\t0\nOther\t699\t126\t467\nTotal current liabilities\t7240\t1759\t2094\nLiabilities related to assets held for sale\t0\t0\t0\nTotal equity and liabilities\t9579\t1898\t2717\n", "q10k_tbl_47": "(in millions of euros)\tAfrica &\tEnterprise\tInternational\tEliminations\tTotal\tOrange\tEliminations\tOrange\n\tMiddle-East\t\tCarriers\ttelecom\ttelecom\tBank\ttelecom\tconsolidated\n\t\t\t& Shared\tactivities\tactivities\t\tactivities /\tfinancial\n\t\t\tServices\tand\t\t\tbank\tstatements\n\t\t\t\tunallocated\t\t\t\t\n\t\t\t\titems\t\t\t\t\nDecember 31 2019\t\t\t\t\t\t\t\t\nEquity\t0\t0\t0\t34432\t34432\t(16)\t0\t34416\nNon-current lease liabilities\t785\t227\t1490\t0\t5196\t29\t0\t5225\nFixed assets payables\t166\t0\t0\t0\t817\t0\t0\t817\nNon-current employee benefits\t68\t264\t702\t0\t2544\t9\t0\t2554\nNon-current liabilities included in the calculation of net financial debt\t0\t0\t0\t33562\t33562\t0\t0\t33562\nOther\t55\t39\t55\t849\t1954\t109 (1)\t(27)\t2035\nTotal non-current liabilities\t1074\t530\t2247\t34411\t44073\t147\t(27)\t44192\nCurrent lease liabilities\t124\t97\t422\t0\t1263\t4\t0\t1267\nFixed assets payables\t529\t72\t135\t(1)\t2848\t0\t0\t2848\nTrade payables\t1136\t784\t763\t(771)\t6581\t125\t(24)\t6682\nCustomer contracts liabilities\t123\t412\t126\t(15)\t2094\t0\t0\t2093\nCurrent employee benefits\t71\t407\t411\t0\t2254\t6\t0\t2261\nDeferred income\t36\t1\t7\t0\t51\t0\t0\t51\nCurrent liabilities included in the calculation of net financial debt\t0\t0\t0\t3950\t3950\t0\t(3)\t3947\nOther\t1211\t283\t846\t341\t3908\t4638 (2)\t0\t8545\nTotal current liabilities\t3231\t2055\t2710\t3503\t22950\t4773\t(28)\t27695\nLiabilities related to assets held for sale\t0\t0\t0\t0\t0\t0\t0\t0\nTotal equity and liabilities\t4305\t2586\t4957\t72346\t101454\t4904\t(55)\t106303\nDecember 31 2018\t\t\t\t\t\t\t\t\nEquity\t0\t0\t0\t33151\t33151\t98\t0\t33249\nFixed assets payables\t154\t0\t0\t0\t612\t0\t0\t612\nNon-current employee benefits\t64\t264\t717\t0\t2815\t8\t0\t2823\nNon-current liabilities included in the calculation of net financial debt\t0\t0\t0\t27461\t27461\t0\t0\t27461\nOther\t59\t46\t180\t791\t2080\t98 (1)\t(27)\t2151\nTotal non-current liabilities\t277\t310\t897\t28252\t32968\t106\t(27)\t33047\nFixed assets payables\t528\t58\t138\t(1)\t2835\t0\t0\t2835\nTrade payables\t1081\t689\t917\t(631)\t6635\t135\t(34)\t6736\nCustomer contracts liabilities\t127\t283\t129\t(16)\t2002\t0\t0\t2002\nCurrent employee benefits\t68\t398\t471\t0\t2384\t8\t0\t2392\nDeferred income\t44\t2\t7\t0\t58\t0\t0\t58\nCurrent liabilities included in the calculation of net financial debt\t0\t0\t0\t7403\t7403\t0\t0\t7403\nOther\t1069\t273\t833\t381\t3803\t5067 (2)\t0\t8870\nTotal current liabilities\t2917\t1703\t2495\t7136\t25120\t5210\t(34)\t30296\nLiabilities related to assets held for sale\t0\t0\t0\t0\t0\t0\t0\t0\nTotal equity and liabilities\t3194\t2013\t3392\t68539\t91239\t5414\t(61)\t96592\nDecember 31 2017\t\t\t\t\t\t\t\t\nEquity\t0\t0\t0\t33285\t33285\t227\t0\t33512\nFixed assets payables\t208\t0\t0\t0\t610\t0\t0\t610\nNon-current employee benefits\t77\t259\t693\t0\t2668\t6\t0\t2674\nNon-current liabilities included in the calculation of net financial debt\t0\t0\t0\t27221\t27221\t0\t0\t27221\nOther\t50\t31\t218\t836\t2195\t107 (1)\t(27)\t2275\nTotal non-current liabilities\t335\t290\t911\t28057\t32694\t113\t(27)\t32780\nFixed assets payables\t530\t52\t102\t(1)\t3045\t1\t0\t3046\nTrade payables\t1072\t694\t977\t(614)\t6444\t92\t(9)\t6527\nCustomer contracts liabilities\t130\t271\t120\t(20)\t2021\t0\t0\t2021\nCurrent employee benefits\t69\t348\t426\t0\t2441\t7\t0\t2448\nDeferred income\t87\t0\t5\t(22)\t76\t0\t0\t76\nCurrent liabilities included in the calculation of net financial debt\t0\t0\t0\t6216\t6216\t0\t0\t6216\nOther\t905\t252\t897\t457\t3803\t5072 (2)\t(152)\t8723\nTotal current liabilities\t2793\t1617\t2527\t6016\t24046\t5172\t(161)\t29057\nLiabilities related to assets held for sale\t0\t0\t0\t0\t0\t0\t0\t0\nTotal equity and liabilities\t3128\t1907\t3438\t67358\t90025\t5512\t(188)\t95349\n", "q10k_tbl_48": "(in millions of euros)\t2019\t\t\t\n\tTelecom\tOrange Bank\tEliminations\tOrange\n\tactivities\t\ttelecom\tconsoli-\n\t\t\tactivities /\tdated financial\n\t\t\tOrange Bank\tstatement\nOperating activities\t\t\t\t\nConsolidated net income\t3411\t(185)\t0\t3226\nNon-monetary items and reclassified items for presentation\t12087\t91\t1\t12180\nChanges in working capital\t\t\t\t\nDecrease (increase) in inventories gross\t69\t0\t0\t69\nDecrease (increase) in trade receivables gross\t(34)\t(1)\t(10)\t(45)\nIncrease (decrease) in trade payables\t(92)\t(3)\t10\t(85)\nChanges in other customer contract assets and liabilities\t(59)\t0\t0\t(60)\nChanges in other assets and liabilities\t(87)\t(726)\t0\t(813)\nOther net cash out\t\t\t\t\nOperating taxes and levies paid\t(1939)\t0\t0\t(1939)\nDividends received\t17\t0\t0\t17\nInterest paid and interest rates effects on derivatives net\t(1310) (1)\t0\t(1)\t(1312)\nIncome tax paid\t(1079)\t0\t0\t(1079)\nNet cash provided by operating activities (a)\t10983 (2)\t(824)\t0\t10159\nInvesting activities\t\t\t\t\nPurchases (sales) of property plant and equipment and intangible assets\t(7555) (3)\t(28)\t0\t(7582)\nCash paid for investment securities net of cash acquired\t(559)\t0\t0\t(559)\nInvestments in associates and joint ventures\t(2)\t0\t0\t(2)\nPurchases of equity securities measured at fair value\t(39)\t(5)\t0\t(44)\nProceeds from sales of investment securities net of cash transferred\t529\t0\t0\t529\nDecrease (increase) in securities and other financial assets\t(2082)\t368\t3\t(1711)\nNet cash used in investing activities (b)\t(9707)\t335\t3\t(9370)\nFinancing activities\t\t\t\t\nCash flows from financing activities\t\t\t\t\nMedium and long-term debt issuances\t8351\t0\t0\t8351\nMedium and long-term debt redemptions and repayments\t(4650) (4)\t0\t0\t(4650)\nLease liabilities repayment\t(1395)\t(4)\t0\t(1398)\nIncrease (decrease) of bank overdrafts and short-term borrowings\t(1082)\t140\t(3)\t(945)\nDecrease (increase) of cash collateral deposits\t609\t(19)\t0\t590\nExchange rates effects on derivatives net\t26\t0\t0\t26\nOther cash flows\t\t\t\t\nIssuances (purchases) of subordinated notes\t(357)\t0\t0\t(357)\nCoupon on subordinated notes\t500\t0\t0\t500\nPurchases of treasury shares - Orange Vision 2020 free share award plan\t(27)\t0\t0\t(27)\nCapital increase (decrease) - owners of the parent company\t\t0\t0\t0\nOther proceeds (purchases) from treasury shares\t(7)\t0\t0\t(7)\nCapital increase (decrease) - non-controlling interests\t(108) (5)\t187 (5)\t0\t79\nChanges in ownership interests with no gain / loss of control\t(7)\t0\t0\t(7)\nDividends paid to owners of the parent company\t(1857)\t0\t0\t(1857)\nDividends paid to non-controlling interests\t(243)\t0\t0\t(243)\nNet cash used in financing activities (c)\t(247)\t305\t(3)\t55\nCash and cash equivalents in the opening balance\t5081\t553\t0\t5634\nCash change in cash and cash equivalents (a) + (b) + (c)\t1029\t(185)\t0\t844\nEffect of exchange rates changes on cash and cash equivalents and other non-monetary effects\t3\t0\t0\t3\nCash and cash equivalents in the closing balance\t6112\t369\t0\t6481\n", "q10k_tbl_49": "(in millions of euros)\t2018\t\t\t\n\tTelecom\tOrange Bank\tEliminations\tOrange\n\tactivities\t\ttelecom\tconsoli-\n\t\t\tactivities /\tdated financial\n\t\t\tOrange Bank\tstatement\nOperating activities\t\t\t\t\nConsolidated net income\t2326\t(168)\t0\t2158\nNon-monetary items and reclassified items for presentation\t11457\t40\t0\t11497\nChanges in working capital\t\t\t\t\nDecrease (increase) in inventories gross\t(152)\t0\t0\t(152)\nDecrease (increase) in trade receivables gross\t(122)\t0\t25\t(97)\nIncrease (decrease) in trade payables\t158\t44\t(25)\t177\nChanges in other customer contract assets and liabilities\t12\t0\t0\t12\nChanges in other assets and liabilities\t(95)\t(81)\t0\t(176)\nOther net cash out\t\t\t\t\nOperating taxes and levies paid\t(1776)\t(1)\t0\t(1777)\nDividends received\t51\t0\t0\t51\nInterest paid and interest rates effects on derivatives net\t(1259)\t0\t0\t(1259)\nIncome tax paid\t(928)\t0\t0\t(928)\nNet cash provided by operating activities (a)\t9672 (1)\t(166)\t0\t9506\nInvesting activities\t\t\t\t\nPurchases (sales) of property plant and equipment and intangible assets\t(7655) (2)\t(37)\t0\t(7692)\nCash paid for investment securities net of cash acquired\t(284)\t0\t0\t(284)\nInvestments in associates and joint ventures\t(6)\t0\t0\t(6)\nOthers purchases of assets available for sale\t0\t0\t0\t0\nPurchases of equity securities measured at fair value\t(90)\t(14)\t0\t(104)\nSales of investment securities net of cash transferred\t110\t0\t0\t110\nDecrease (increase) in securities and other financial assets\t(501)\t77\t(152)\t(576)\nNet cash used in investing activities (b)\t(8426)\t26\t(152)\t(8552)\nFinancing activities\t\t\t\t\nCash flows from financing activities\t\t\t\t\nMedium and long-term debt issuances\t5214\t0\t0\t5214\nMedium and long-term debt redemptions and repayments\t(4095) (3)\t0\t0\t(4095)\nIncrease (decrease) of bank overdrafts and short-term borrowings\t(251)\t56\t152\t(43)\nDecrease (increase) of cash collateral deposits\t203\t5\t0\t208\nExchange rates effects on derivatives net\t7\t0\t0\t7\nOther cash flows\t\t\t\t\nCoupon on subordinated notes\t(280)\t0\t0\t(280)\nPurchases of treasury shares - Orange Vision 2020 free share award plan\t(101)\t0\t0\t(101)\nOther proceeds (purchases) from treasury shares\t3\t0\t0\t3\nCapital increase (decrease) - non-controlling interests\t(87) (4)\t155 (4)\t0\t68\nChanges in ownership interests with no gain / loss of control\t(6)\t0\t0\t(6)\nDividends paid to owners of the parent company\t(1860)\t0\t0\t(1860)\nDividends paid to non-controlling interests\t(246)\t0\t0\t(246)\nNet cash used in financing activities (c)\t(1499)\t216\t152\t(1131)\nCash and cash equivalents in the opening balance\t5333\t477\t0\t5810\nCash change in cash and cash equivalents (a) + (b) + (c)\t(253)\t76\t0\t(177)\nEffect of exchange rates changes on cash and cash equivalents and other non-monetary effects\t1\t0\t0\t1\nCash and cash equivalents in the closing balance\t5081\t553\t0\t5634\n", "q10k_tbl_50": "(in millions of euros)\t2017\t\t\t\n\tTelecom\tOrange\tEliminations\tOrange\n\tactivities\tBank\ttelecom\tconsoli-\n\t\t\tactivities /\tdated\n\t\t\tOrange\tfinancial\n\t\t\tBank\tstatement\nOperating activities\t\t\t\t\nConsolidated net income\t2134\t(94)\t0\t2040\nNon-monetary items and reclassified items for presentation\t11474\t38\t0\t11512\nChanges in working capital\t\t\t\t\nDecrease (increase) in inventories gross\t(14)\t0\t0\t(14)\nDecrease (increase) in trade receivables gross\t(271)\t0\t9\t(262)\nIncrease (decrease) in trade payables\t375\t46\t(9)\t412\nChanges in other customer contract assets and liabilities\t112\t0\t0\t112\nChanges in other assets and liabilities\t(120)\t284\t0\t164\nOther net cash out\t\t\t\t\nOperating taxes and levies paid\t(1931)\t(3)\t0\t(1934)\nDividends received\t55\t0\t0\t55\nInterest paid and interest rates effects on derivatives net\t(1328)\t0\t0\t(1328)\nIncome tax paid\t(584)\t1\t0\t(583)\nNet cash provided by operating activities (a)\t9902 (1)\t272\t0\t10174\nInvesting activities\t\t\t\t\nPurchases (sales) of property plant and equipment and intangible assets\t(7311)\t(67)\t0\t(7378)\nCash paid for investment securities net of cash acquired\t(34)\t0\t0\t(34)\nOthers purchases of assets available for sale\t(43)\t0\t0\t(43)\nPurchases of equity securities measured at fair value\t(7)\t0\t0\t(7)\nSales of investment securities net of cash transferred\t515\t0\t0\t515\nDecrease (increase) in securities and other financial assets\t(1082)\t(63)\t151\t(994)\nNet cash used in investing activities (b)\t(7962)\t(130)\t151\t(7941)\nFinancing activities\t\t\t\t\nCash flows from financing activities\t\t\t\t\nMedium and long-term debt issuances\t2450\t0\t0\t2450\nMedium and long-term debt redemptions and repayments\t(2728) (3)\t0\t0\t(2728)\nIncrease (decrease) of bank overdrafts and short-term borrowings\t964\t136\t(151)\t949\nDecrease (increase) of cash collateral deposits\t(1138)\t11\t0\t(1127)\nExchange rates effects on derivatives net\t(66)\t0\t0\t(66)\nOther cash flows\t\t\t\t\nCoupon on subordinated notes\t(282)\t0\t0\t(282)\nOther proceeds (purchases) from treasury shares\t(4)\t0\t0\t(4)\nCapital increase (decrease) - non-controlling interests\t(66) (4)\t100 (4)\t0\t34\nChanges in ownership interests with no gain / loss of control\t1\t0\t0\t1\nDividends paid to owners of the parent company\t(1729)\t0\t0\t(1729)\nDividends paid to non-controlling interests\t(236)\t0\t0\t(236)\nNet cash used in financing activities (c)\t(2834)\t247\t(151)\t(2738)\nCash and cash equivalents in the opening balance\t6267\t88\t0\t6355\nCash change in cash and cash equivalents (a) + (b) + (c)\t(894)\t389\t0\t(505)\nEffect of exchange rates changes on cash and cash equivalents and other non-monetary effects\t(40)\t0\t0\t(40)\nCash and cash equivalents in the closing balance\t5333\t477\t0\t5810\n", "q10k_tbl_51": "\t2019\t2018\t2017\nNet cash provided by operating activities (telecom activities)\t10983\t9672\t9902\nPurchases (sales) of property plant and equipment and intangible assets\t(7555)\t(7655)\t(7311)\nLease liabilities repayments (1)\t(1395)\t0\t0\nFinance lease liabilities repayments (1)\t0\t(123)\t(96)\nDebts relating to financed assets repayments\t(17)\t0\t0\nElimination of telecommunication licenses paid\t334\t422\t617\nElimination of significant litigation paid (and received)\t(5)\t174\t30\nOrganic cash flow from telecom activities\t2345\t2490\t3142\n", "q10k_tbl_52": "(in millions of euros)\tDecember 31\tEffects of\tJanuary 1\n\t2018 historical\tIFRS 16\t2019 restated\n\tdata\tapplication\tdata\nProperty plant and equipment\t27693\t(574)\t27119\no/w finance leases\t574\t(574)\t0\nRight-of-use assets\t0\t6349\t6349\no/w gross value\t0\t7042\t7042\no/w accumulated depreciation and amortization\t0\t(550)\t(550)\no/w accumulated impairment (1)\t0\t(143)\t(143)\nDeferred tax assets\t1366\t1527\t2893\nTotal non-current assets\t74701\t7303\t82004\nPrepaid expenses\t571\t(36)\t536\nTotal current assets\t21891\t(36)\t21855\nTotal assets\t96592\t7267\t103859\nTotal equity (2)\t33249\t2\t33251\nNon-current financial liabilities\t26749\t(427)\t26322\no/w finance lease liabilities\t427\t(427)\t0\nNon-current lease liabilities\t0\t5239\t5239\nNon-current restructuring provision (1)\t230\t(112)\t118\nDeferred tax liabilities\t631\t1525\t2156\nTotal non-current liabilities\t33047\t6226\t39273\nCurrent financial liabilities\t7270\t(167)\t7103\no/w finance lease liabilities\t158\t(158)\t0\nCurrent lease liabilities\t0\t1291\t1291\nTrade payables\t6736\t(39)\t6697\nCurrent restructuring provision (1)\t159\t(31)\t128\nOther current liabilities\t1788\t(15)\t1773\nTotal current liabilities\t30296\t1039\t31335\nTotal equity and liabilities\t96592\t7267\t103859\n", "q10k_tbl_53": "(in millions of euros)\tJanuary 1 2019\nOperating lease commitments as of December 31 2018 (1)\t5815\nCommitments presented in other operating activities commitments as of December 31 2018 (2)\t1023\nCommitments relating to leases covered by an exemption (3)\t(124)\nCommitments relating to leases where the underlying asset is available after January 1 2019 (4)\t(524)\nMeasurement differences due to the determination of the lease term (5)\t167\nLease payment measurement differences (6)\t(191)\nFinance lease liabilities as of December 31 2018 (7)\t584\nOther effects (8)\t513\nLease liabilities as of January 1 2019 - Before discounting\t7264\nDiscounting effect\t(734)\nLease liabilities as of January 1 2019\t6530\n", "q10k_tbl_54": "Note\tTopic\tAccounting policies\tJudgments and estimates (1)\n1\tSegment information\tX\t\n3\tChanges in the scope of consolidation takeovers (business combinations) internal transfer of consolidated shares assets held for sale\tX\tX\n4.1\tRevenue\tX\tX\n4.3\tTrade receivables\tX\t\n4.4\tCustomer contract net assets and liabilities costs of obtaining a contract and costs to fulfill a contract unfulfilled performance obligations\tX\t\n4.6\tSubmarine cable consortiums Orange Money\tX\t\n4.7\tRelated party transactions\tX\t\n5.1\tAdvertising promotion sponsoring communication and brand marketing costs\tX\t\n5.2\tLitigation integration costs\tX\tX\n5.3\tRestructuring costs\tX\tX\n5.4\tBroadcasting rights and equipment inventories\tX\t\n5.6\tTrade payables (goods and services)\tX\tX\n6.2\tEmployee benefits\tX\tX\n6.3\tEmployee share-based compensation\tX\t\n7\tGoodwill impairment of goodwill\tX\tX\n8.2\tDepreciation and amortization\tX\t\n8.3\tImpairment of non-current assets\tX\tX\n8.4\tOther intangible assets\tX\tX\n8.5\tPropertyplant and equipment financial liabilities\tX\tX\n8.6\tFixed assets payables\tX\tX\n8.7\tDismantling provision\tX\tX\n9\tLeases\tX\tX\n9.1\tLease liabilities\tX\tX\n9.2\tRight-of-use assets\tX\t\n10.1\tOperating taxes and levies\tX\t\n10.2\tIncome taxes\tX\tX\n11\tInterests in associates and joint ventures\tX\tX\n12.3\tNet financial debt\tX\tX\n12.3\tCash and cash equivalents bonds bank loans and loans from multilateral lending institutions\tX\t\n12.4\tPerpetual bonds redeemable for shares (TDIRA)\tX\tX\n12.7\tFinancial assets (excluding Orange Bank activities)\tX\tX\n12.8\tDerivatives (excluding Orange Bank activities)\tX\t\n13.8\tFair value of financial assets and liabilities (excluding Orange Bank activities)\tX\tX\n14.2\tTreasury shares\tX\t\n14.4\tSubordinated notes equity component of perpetual bonds redeemable for shares (TDIRA)\tX\tX\n14.5\tTranslation adjustments\tX\t\n14.6\tNon-controlling interests\tX\t\n14.7\tEarnings per share\tX\t\n16.1\tFinancial assets and liabilities of Orange Bank\tX\t\n16.1.1\tFinancial assets related to Orange Bank activities\tX\tX\n16.2.2\tFair value of financial assets and liabilities of Orange Bank\t\tX\n17\tLitigation\t\tX\n", "q10k_tbl_55": "Topic\t\tKey sources of estimates on future income and/or cash flows\nNote 4\tRevenue\tDeciding duration of legally binding rights and obligations\nNotes 5 10 and 17\tRisk of resources outflow linked to claims and litigation and to tax legislation Onerous contracts\tUnderlying assumptions of the assessment of legal and fiscal positions Identifying and releasing of uncertain legal and tax positions Underlying assumptions of the assessment\nNotes 7.3 7.4 8.3 8.4 8.5 and 11\tMeasurement of the recoverable values for the impairment tests (goodwill tangible and intangible assets investments accounted for under the equity method)\tSensitivity to discount rates perpetual growth rate and business plans' assumptions which affect the expected cash flows (revenues EBITDAaL and investments) Assessing the competitive economic and financial environment of the countries where the Group operates taking into account the potential effects of Brexit on these assumptions\nNote 10.2\tMeasurement of the recoverable value of deferred tax assets\tAssessing the deferred tax assets' recovery timeline when a tax entity reverts to profitability or when the tax legislation limits the use of tax loss carryforward\nNote 8\tFixed assets\tAssessing assets' useful life according to the change in the technological regulatory or economic environment (notably the migration from the copper local loop into fiber and other greater bandwidth technologies radio technology migration) Provision for dismantling and restoring sites: dismantling timeframe discount rate expected cost\nNote 9\tLeases\tDetermination of the incremental borrowing rate of the lease when the implied interest rate is not identifiable in the lease\nNote 6.2\tEmployee benefits\tSensitivity to discount rates Sensitivity to sign-up rate senior plans\nNotes 13 and 16\tFair value of financial assets and liabilities\tModels selection of parameters fair value hierarchy evaluation of non-performance risks\n", "q10k_tbl_56": "(in millions of euros)\t2019\t2018\t2017\nGains (losses) on disposal of fixed assets\t303\t180\t88\nGains (losses) on disposal of investments and activities\t(26)\t17\t(5)\nGain (losses) on disposal of fixed assets investments and activities\t277\t197\t83\n", "q10k_tbl_57": "At acquisition date\tSecureLink\tSecureData\n(in millions of euros)\t\t\nAcquisition cost (a)\t377\t100\nNet book value acquired\t(153)\t(32)\nEffects of fair value measurement:\t\t\nCustomer relationship(1)\t181\t43\nTrademark\t0\t0\nOthers intangibles\t0\t0\nNet deferred tax\t(43)\t(8)\nNet asset remeasured at fair value (b)\t(15)\t3\nGoodwill (a)-(b)\t392\t97\n", "q10k_tbl_58": "(in millions of euros)\tAt acquisition date\nAcquisition cost (a)\t234\nNet book value acquired\t(58)\nEffects of fair value measurement:\t\nCustomer relationship(1)\t58\nTrademark (2)\t28\nOthers intangibles(3)\t7\nNet deferred tax\t(25)\nNet asset remeasured at fair value (b)\t10\nGoodwill (a)-(b)\t224\n", "q10k_tbl_59": "(in millions of euros)\tAt acquisition date\nAcquisition cost 81.8 %\t50\nFair value of non-controlling interests\t12\nAcquisition cost (a)\t62\nNet book value acquired\t7\nEffects of fair value measurement:\t\nCustomer relationship(1)\t18\nTrademark (2)\t8\nOthers intangibles(3)\t4\nNet deferred tax\t(4)\nNet asset remeasured at fair value (b)\t33\nGoodwill (a)-(b)\t29\n", "q10k_tbl_60": "(in millions of euros)\t2019\t2018\t2017\nNet banking income\t55\t56\t76\nTax credits and subsidies\t33\t42\t40\nIncome from universal service\t5\t14\t8\nBrand & management fees (1)\t2\t6\t14\nOther income\t625\t462\t475\nTotal\t720\t580\t613\n", "q10k_tbl_61": "(in millions of euros)\t2019\t2018\t2017 (1)\nNet book value of trade receivables - in the opening balance\t5295\t5175\t4964\nIFRS 9 transition impact\t0\t(22)\t0\nNet book value of trade receivables - including IFRS 9 transition impact\t5295\t5153\t4964\nBusiness related variations\t1\t65\t267\nChanges in the scope of consolidation\t50\t90\t6\nTranslation adjustment\t28\t(12)\t(33)\nReclassifications and other items\t(53)\t(1)\t(29)\nReclassification to assets held for sale\t0\t0\t0\nNet book value of trade receivables - in the closing balance\t5320\t5295\t5175\n", "q10k_tbl_62": "(in millions of euros)\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017(1)\nTrade receivables depreciated according to their age\t1233\t1050\t1078\nTrade receivables depreciated according to other criteria\t579\t600\t443\nNet trade receivables past due\t1812\t1650\t1521\nNot past due (2)\t3508\t3645\t3655\nNet trade receivables\t5320\t5295\t5175\no/w short-term trade receivables\t5044\t4995\t4851\no/w long-term trade receivables (3)\t276\t300\t324\no/w net trade receivables from telecom activities\t5320\t5295\t5175\no/w net trade receivables from Orange Bank\t0\t0\t0\n", "q10k_tbl_63": "(in millions of euros)\t2019\t2018\t2017(1)\nAllowances on trade receivables - in the opening balance\t(816)\t(760)\t(774)\nIFRS 9 transition impact\t0\t(22)\t0\nAllowances on trade receivables - including IFRS 9 transition impact\t(816)\t(782)\t(774)\nNet addition with impact on income statement (2)\t(332)\t(286)\t(251)\nLosses on trade receivables\t271\t255\t257\nChanges in the scope of consolidation\t(1)\t(2)\t(1)\nTranslation adjustment\t(5)\t(1)\t7\nReclassifications and other items\t(5)\t0\t2\nReclassification to assets held for sale\t0\t0\t0\nAllowances on trade receivables - in the closing balance\t(888)\t(816)\t(760)\n", "q10k_tbl_64": "(in millions of euros)\tDecember 31 2019\tDecember 31 2018\tDecember 31 2017\nCustomer contract net assets (1)\t771\t784\t815\nCosts of obtaining a contract\t258\t233\t250\nCosts to fulfill a contract\t181\t149\t139\nTotal customer contract net assets\t1209\t1166\t1204\nPrepaid telephone cards\t(212)\t(221)\t(241)\nConnection fees\t(665)\t(706)\t(725)\nLoyalty programs\t(38)\t(38)\t(43)\nOther deferred revenue (2)\t(1163)\t(1025)\t(1002)\nOther customer contract liabilities\t(15)\t(12)\t(10)\nTotal deferred revenue related to customer contracts\t(2093)\t(2002)\t(2021)\nTotal customer contract net assets and liabilities\t(884)\t(836)\t(817)\n", "q10k_tbl_65": "(in millions of euros)\t2019\t2018\t2017\nCustomer contract net assets - in the opening balance\t784\t815\t916\nBusiness related variations(1)\t(13)\t(36)\t(109)\nChanges in the scope of consolidation\t0\t0\t0\nTranslation adjustment\t1\t(1)\t7\nReclassifications and other items\t0\t6\t1\nReclassification to assets held for sale\t0\t0\t0\nCustomer contract net assets - in the closing balance\t771\t784\t815\n", "q10k_tbl_66": "(in millions of euros)\t2019\t2018\t2017\nDeferred revenue related to customer contracts - in the opening balance\t2002\t2021\t2071\nBusiness related variations\t(20)\t(18)\t(40)\nChanges in the scope of consolidation\t101\t7\t0\nTranslation adjustment\t13\t2\t(16)\nReclassifications and other items\t(3)\t(10)\t6\nReclassification to assets held for sale\t0\t0\t0\nDeferred revenue related to customer contracts - in the closing balance\t2093\t2002\t2021\n", "q10k_tbl_67": "(in millions of euros)\t2019\t2018\t2017\nCosts of obtaining a contract - in the opening balance\t233\t250\t274\nBusiness related variations\t21\t(14)\t(30)\nChanges in the scope of consolidation\t1\t0\t0\nTranslation adjustment\t1\t(3)\t6\nReclassifications and other items\t1\t0\t0\nReclassification to assets held for sale\t0\t0\t0\nCosts of obtaining a contract - in the closing balance\t258\t233\t250\n", "q10k_tbl_68": "(in millions of euros)\t2019\t2018\t2017\nCosts to fulfill a contract - in the opening balance\t149\t140\t145\nBusiness related variations\t30\t22\t(5)\nChanges in the scope of consolidation\t0\t0\t0\nTranslation adjustment\t2\t3\t0\nReclassifications and other items\t0\t(16)\t0\nReclassification to assets held for sale\t0\t0\t0\nCosts to fulfill a contract - in the closing balance\t181\t149\t140\n", "q10k_tbl_69": "(in millions of euros)\tDecember\n\t31 2019\nLess than one year\t6176\nBetween 1 and 2 years\t2660\nBetween 2 and 3 years\t818\nBetween 3 and 4 years\t433\nBetween 4 and 5 years\t260\nMore than 5 years\t430\nTotal remaining performance obligations\t10777\n", "q10k_tbl_70": "(in millions of euros)\t2019\t2018\t2017\nDeferred income - in the opening balance\t58\t76\t84\nBusiness related variations\t0\t(42)\t(8)\nChanges in the scope of consolidation\t0\t2\t0\nTranslation adjustment\t0\t0\t(2)\nReclassifications and other items\t(6)\t22\t2\nReclassification to assets held for sale\t0\t0\t0\nDeferred income - in the closing balance\t51\t58\t76\n", "q10k_tbl_71": "\tDecember 31\tDecember 31\tDecember 31\n(in millions of euros)\t2019\t2018\t2017\nAdvances and downpayments\t101\t84\t92\nSubmarine cable consortiums (1)\t168\t130\t157\nSecurity deposits paid\t93\t97\t79\nOrange Money - restriction of electronic money (1)\t613\t497\t408\nOthers\t408\t473\t468\nTotal\t1383\t1281\t1204\n", "q10k_tbl_72": "(in millions of euros)\t2019\t2018\t2017\nOther assets - in the opening balance\t1281\t1204\t1179\nBusiness related variations\t97\t74\t49\nChanges in the scope of consolidation\t0\t7\t(6)\nTranslation adjustment\t3\t1\t(12)\nReclassifications and other items\t2\t(5)\t(6)\nReclassification to assets held for sale\t0\t0\t0\nOther assets - in the closing balance\t1383\t1281\t1204\no/w other non-current assets\t125\t129\t110\no/w other current assets\t1258\t1152\t1094\n", "q10k_tbl_73": "(in millions of euros)\t2019\t2018\t2017\nCommercial equipments expenses and content rights\t(7293)\t(7228)\t(7117)\no/w costs of terminals and other equipment sold\t(4042)\t(4123)\t(4112)\no/w advertising promotional sponsoring and rebranding costs\t(823)\t(850)\t(845)\nService fees and inter-operator costs\t(4612)\t(4923)\t(5128)\nOther network expenses IT expenses\t(3253)\t(3192)\t(3074)\nOther external purchases\t(2739)\t(3220)\t(3062)\no/w rental expenses\t(270)\t(1181)\t(1148)\nTotal\t(17897)\t(18563)\t(18381)\n", "q10k_tbl_74": "(in millions of euros)\t2019\t2018\t2017\nAllowances and losses on trade receivables - telecom activities\t(315)\t(277)\t(251)\nExpenses from universal service\t(21)\t(38)\t(43)\nLitigation\t(107)\t(10)\t(315)\nOperating foreign exchange gains (losses)\t(4)\t3\t(14)\nCost of bank credit risk\t(10)\t(7)\t(6)\nIntegration costs(1)\t(17)\t0\t0\nOther expenses\t(124)\t(176)\t(95)\nTotal\t(599)\t(505)\t(724)\n", "q10k_tbl_75": "(in millions of euros)\t2019\t2018\t2017\nProvision for litigation - in the opening balance\t572\t779\t537\nAdditions with impact on income statement\t99\t35\t354\nReversals with impact on income statement\t(8)\t(25)\t(34)\nDiscounting with impact on income statement\t0\t3\t2\nUtilizations without impact on income statement (1)\t(22)\t(221)\t(37)\nChanges in consolidation scope\t1\t1\t0\nTranslation adjustment\t0\t3\t7\nReclassifications and other items\t1\t(3)\t(50)\nReclassification to assets held for sale\t0\t0\t0\nProvision for litigation - in the closing balance\t643\t572\t779\no/w non-current provision\t45\t67\t53\no/w current provision\t598\t505\t726\n", "q10k_tbl_76": "(in millions of euros)\t2019\t2018\t2017\nRestructuring costs\t(132)\t(189)\t(164)\nDeparture plans(1)\t(68)\t(30)\t(67)\nLease property restructuring  (2)\t5\t(28)\t(58)\nDistribution channels(3)\t(26)\t(11)\t(4)\nOther\t(43)\t(120)\t(35)\nIntegration costs(4)\t0\t(10)\t(3)\nAcquisition costs of investments\t0\t(10)\t(3)\nTotal restructuring costs\t(132)\t(199)\t(167)\n", "q10k_tbl_77": "(in millions of euros)\t2019\t2018\t2017\nRestructuring and integration provision - in the opening balance\t389\t377\t375\nAdditions with impact on income statement\t97\t162\t150\nReversals releases with impact on income statement\t(13)\t(15)\t(34)\nUtilizations without impact on income statement\t(124)\t(143)\t(133)\nTranslation adjustment\t1\t(1)\t(1)\nReclassifications and other items (1)\t(135)\t9\t20\nReclassification to assets held for sale\t0\t0\t0\nRestructuring and integration provision - in the closing balance\t216\t389\t377\no/w non-current provision\t96\t230\t251\no/w current provision\t120\t159\t126\n", "q10k_tbl_78": "(in millions of euros)\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017\nHandset inventories (1)\t534\t678\t583\nOther products sold\t78\t41\t32\nAvailable broadcasting rights\t89\t73\t68\nOthers supplies\t270\t242\t198\nGross value\t970\t1034\t881\nDepreciation\t(63)\t(69)\t(54)\nNet book value\t906\t965\t827\n", "q10k_tbl_79": "(in millions of euros)\t2019\t2018\t2017\nInventories - in the opening balance\t965\t827\t819\nBusiness related variations\t(64)\t138\t14\nChanges in the scope of consolidation\t2\t2\t0\nTranslation adjustment\t2\t(1)\t(3)\nReclassifications and other items\t1\t(1)\t(4)\nReclassification to assets held for sale\t0\t0\t0\nInventories - in the closing balance\t906\t965\t827\n", "q10k_tbl_80": "\tDecember 31\tDecember 31\tDecember 31\n(in millions of euros)\t2019\t2018\t2017\nPrepaid external purchases\t678\t522\t408\nOther prepaid operating expenses\t52\t49\t47\nTotal\t730\t571\t455\n", "q10k_tbl_81": "(in millions of euros)\t2019\t2018\t2017\nPrepaid expenses - in the opening balance\t571\t455\t394\nBusiness related variations\t127\t93\t78\nChanges in the scope of consolidation\t65\t6\t0\nTranslation adjustment\t5\t0\t(17)\nReclassifications and other items\t(38)\t17\t0\nReclassification to assets held for sale\t0\t0\t0\nPrepaid expenses - in the closing balance\t730\t571\t455\n", "q10k_tbl_82": "(in millions of euros)\t2019\t2018\t2017\nTrade payables - in the opening balance\t6736\t6527\t6214\nBusiness related variations\t(85)\t189\t413\nChanges in the scope of consolidation\t36\t18\t(9)\nTranslation adjustment\t27\t1\t(56)\nReclassifications and other items\t(32)\t1\t(35)\nReclassification to assets held for sale\t0\t0\t0\nTrade payables - in the closing balance\t6682\t6736\t6527\no/w trade payables from telecom activities\t6580\t6635\t6445\no/w trade payables from Orange Bank\t102\t101\t82\n", "q10k_tbl_83": "(in millions of euros)\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017\nProvision for litigation (1)\t643\t572\t779\nCable network access fees (IRU) (2)\t103\t152\t194\nSubmarine cable consortium (3)\t168\t130\t157\nSecurity deposit received\t147\t160\t182\nOrange Money - units in circulation (3)\t613\t497\t408\nOther\t774\t739\t738\nTotal\t2448\t2250\t2456\no/w other non-current liabilities\t353\t462\t521\no/w other current liabilities\t2095\t1788\t1935\n", "q10k_tbl_84": "(in millions of euros)\t2019\t2018\t2017\nOther liabilities - in the opening balance\t2250\t2456\t2138\nBusiness related variations\t190\t(166)\t267\nChanges in the scope of consolidation\t12\t16\t18\nTranslation adjustment\t4\t(2)\t(7)\nReclassifications and other items\t(8)\t(54)\t40\nReclassification to assets held for sale\t0\t0\t0\nOther liabilities - in the closing balance\t2448\t2250\t2456\n", "q10k_tbl_85": "(in millions of euros)\tNote\t2019\t2018\t2017\nAverage number of employees (full-time equivalents) (1)\t\t135619\t135943\t138038\nWages and employee benefit expenses\t\t(8240)\t(8828)\t(8402)\no/w wages and salaries\t\t(6199)\t(6017)\t(5986)\no/w social security charges (2)\t\t(2079)\t(2068)\t(2121)\no/w French part-time for seniors plans\t6.2\t6\t(773)\t(310)\no/w capitalized costs (3)\t\t848\t842\t839\no/w other labor expenses (4)\t\t(816)\t(812)\t(824)\nEmployee profit sharing\t\t(181)\t(180)\t(183)\nShare-based compensation\t6.3\t(73)\t(66)\t11\nTotal in operating income\t\t(8494)\t(9074)\t(8574)\nNet interest on the net defined liability in finance costs\t\t(20)\t(16)\t(21)\nActuarial (gains)/losses in other comprehensive income\t\t(109)\t45\t16\n", "q10k_tbl_86": "(in millions of euros)\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017\nPost-employment benefits (1)\t1105\t989\t1005\nOther long-term benefits\t1867\t2434\t2313\no/w French part-time for seniors plans\t1233\t1784\t1644\nProvision for employment termination benefits\t2\t3\t4\nOther employee-related payables and payroll taxes due\t1782\t1715\t1710\nProvision for social risks and litigation\t59\t74\t90\nTotal\t4815\t5215\t5122\no/w non-current employee benefits\t2554\t2823\t2674\no/w current employee benefits\t2261\t2392\t2448\n", "q10k_tbl_87": "(in millions of euros)\tSchedule of benefits to be paid undiscounted\t\t\t\t\t\n\t2020\t2021\t2022\t2023\t2024\t2025 and beyond\nPost-employment benefits\t60\t56\t51\t45\t54\t2595\nOther long-term benefits (1)\t515\t389\t307\t250\t145\t87\no/w French part-time for seniors plans\t425\t318\t240\t197\t91\t20\nTotal\t575\t445\t358\t295\t199\t2682\n", "q10k_tbl_88": "\tDecember 31\t\tDecember 31\tDecember 31\n\t2019\t\t2018\t2017\nMore than 10 years\t0.70% to 0.90%\t\t1.70% to 1.85%\t1.55% to 1.65%\nLess than 10 years\t-0.33% to 0.70\t%(1)%\t-0.20% to 1.30\t-0.25% to 1.65%\n", "q10k_tbl_89": "(in millions of euros)\tRate increase by 50 points\tRate decrease by 50 points\nDiscount rates (1)\t(113)\t124\n\tRate decrease by 5 %\tRate increase by 5 %\nSign-up rates for French part-time for seniors plans (2)\t(42)\t42\n", "q10k_tbl_90": "(in millions of euros)\tPost-employment benefits\t\t\tLong-term benefits\t\t\t\t\n\t\t\t\tFrench part-\t\t\t\t\n\tAnnuity-\t\t\ttime for\t\t\t\t\n\tbased\tCapital-based\t\tseniors plans\t\t\t\t\n\tplans\tplans\tOther\t(TPS)\tOther\t2019\t2018\t2017\nTotal benefit obligations in the opening balance\t502\t833\t68\t1784\t650\t3837\t3727\t4009\nService cost\t1\t48\t1\t45\t51\t146\t786\t154\nNet interest on the defined benefit liability\t9\t17\t1\t(1)\t1\t27\t23\t29\nActuarial losses/(gains) arising from changes of assumptions\t32\t122\t(52)\t(22)\t2\t82\t(34)\t67\no/w arising from change in discount rate\t53\t120\t2\t5\t2\t182\t(38)\t37\nActuarial losses/(gains) arising from experience\t5\t28\t1\t(29)\t0\t5\t78\t212\nBenefits paid\t(21)\t(41)\t(3)\t(545)\t(77)\t(687)\t(746)\t(738)\nTranslation adjustment and other\t15\t(4)\t1\t1\t7\t20\t3\t(6)\nTotal benefit obligations in the closing balance (a)\t543\t1003\t17\t1233\t634\t3430\t3837\t3727\no/w benefit obligations in respect of employee benefit plans that are wholly or partly funded\t543\t19\t0\t0\t0\t562\t507\t523\no/w benefit obligations in respect of employee benefit plans that are wholly unfunded\t0\t984\t17\t1233\t634\t2868\t3330\t3204\nWeighted average duration of the plans (in years)\t13\t14\t18\t2\t5\t9\t6\t6\n", "q10k_tbl_91": "(in millions of euros)\tPost-employment benefits\t\t\tLong-term benefits\t\t\t\t\n\t\t\t\tFrench part-\t\t\t\t\n\tAnnuity-\t\t\ttime for\t\t\t\t\n\tbased\tCapital-based\t\tseniors plans\t\t\t\t\n\tplans\tplans\tOther\t(TPS)\tOther\t2019\t2018\t2017\nFair value of plan assets in the opening balance\t414\t(0)\t0\t0\t0\t414\t409\t395\nNet interest on the defined benefit liability\t8\t(0)\t0\t0\t0\t8\t7\t7\n(Gains)/Losses arising from experience\t26\t(0)\t0\t0\t0\t26\t2\t20\nEmployer contributions\t16\t0\t0\t0\t0\t16\t16\t18\nBenefits paid by the fund\t(19)\t0\t0\t0\t0\t(19)\t(17)\t(22)\nTranslation adjustment and other\t13\t0\t0\t0\t0\t13\t(3)\t(9)\nFair value of plan assets in the closing balance (b)\t458\t(0)\t0\t0\t0\t458\t414\t409\n", "q10k_tbl_92": "(in millions of euros)\tPost-employment benefits\t\t\tLong-term benefits\t\t\t\t\n\t\t\t\tFrench part-\t\t\t\t\n\tAnnuity-\tCapital-\t\ttime for\t\t\t\t\n\tbased\tbased\t\tseniors plans\t\t\t\t\n\tplans\tplans\tOther\t(TPS)\tOther\t2019\t2018\t2017\nEmployee benefits in the opening balance\t88\t833\t68\t1784\t650\t3423\t3318\t3614\nNet expense for the period\t2\t65\t2\t(7)\t55\t117\t889\t452\nEmployer contributions\t(16)\t0\t0\t0\t0\t(16)\t(16)\t(18)\nBenefits directly paid by the employer\t(2)\t(41)\t(3)\t(545)\t(77)\t(668)\t(729)\t(716)\nActuarial (gains)/losses generated during the year\t11\t149\t(51)\t0\t0\t109\t(45)\t(16)\nTranslation adjustment and other\t2\t(3)\t1\t1\t6\t7\t6\t2\nEmployee benefits in the closing balance - Net unfunded status (a) - (b)\t85\t1003\t17\t1233\t634\t2972\t3423\t3318\no/w non-current\t62\t966\t16\t808\t545\t2397\t2722\t2600\no/w current\t23\t37\t1\t425\t89\t575\t701\t718\n", "q10k_tbl_93": "(in millions of euros)\tPost-employment benefits\t\t\tLong-term benefits\t\t\t\t\n\t\t\t\tFrench part-\t\t\t\t\n\tAnnuity-\tCapital-\t\ttime for\t\t\t\t\n\tbased\tbased\t\tseniors plans\t\t\t\t\n\tplans\tplans\tOther\t(TPS)\tOther\t2019\t2018\t2017\nService cost\t(1)\t(48)\t(1)\t(45)\t(51)\t(146)\t(786)\t(154)\nNet interest on the net defined benefit liability\t(1)\t(17)\t(1)\t1\t(1)\t(19)\t(16)\t(21)\nActuarial gains/(losses)\t0\t0\t0\t51\t(3)\t48\t(87)\t(277)\nTotal\t(2)\t(65)\t(2)\t7\t(55)\t(117)\t(889)\t(452)\no/w expenses in operating income\t(1)\t(48)\t(1)\t6\t(54)\t(98)\t(873)\t(431)\no/w net interest on the net defined liability in finance cost\t(1)\t(17)\t(1)\t1\t(1)\t(19)\t(16)\t(21)\n", "q10k_tbl_94": "\tFree share award\tLong Term\n\tplan\tIncentive Plan\nMeasurement date\tOctober 26 2017\tJuly 26 2017\nVesting date\tDecember 31 2019\tDecember 31 2019\nPrice of underlying instrument at measurement date\t13.74 euros\t14.33 euros\nPrice of underlying instrument at closing date\t13.12 euros\t13.12 euros\nExpected dividends (% of the share price)\t4.5%\t4.5%\nRisk free yield\t(0.45)%\t(0.32)%\nFair value per share of benefit granted to employees\t12.45 euros\t9.55 euros\no/w fair value of internal performance condition\t12.45 euros\t12.81 euros\no/w fair value of external performance condition\t0\t6.29 euros\n", "q10k_tbl_95": "\tLong Term\n\tIncentive Plan\nMeasurement date\tJuly 25 2018\nVesting date\tDecember 31 2020\nPrice of underlying instrument at measurement date\t13.98 euros\nPrice of underlying instrument at closing date\t13.12 euros\nExpected dividends (% of the share price)\t5.0%\nRisk free yield\t(0.33)%\nFair value per share of benefit granted to employees\t11.23 euros\no/w fair value of internal performance condition\t11.94 euros\no/w fair value of external performance condition\t10.51 euros\n", "q10k_tbl_96": "\tLong Term\n\tIncentive Plan\nMeasurement date\tJuly 24 2019\nVesting date\tDecember 31 2021\nPrice of underlying instrument at measurement date\t13.16 euros\nPrice of underlying instrument at closing date\t13.12 euros\nExpected dividends (% of the share price)\t5.3%\nRisk free yield\t(0.70)%\nFair value per share of benefit granted to employees\t7.80 euros\no/w fair value of internal performance condition\t11.10 euros\no/w fair value of external performance condition\t4.50 euros\n", "q10k_tbl_97": "(in millions of euros)\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017\nShort-term benefits excluding employer social security contributions (1)\t(13.5)\t(14.7)\t(12.9)\nShort-term benefits: employer's social security contributions\t(4.2)\t(4.6)\t(4.1)\nPost-employment benefits (2)\t(0.1)\t(0.4)\t(1.2)\nShare-based compensation (3)\t(2.0)\t(1.2)\t(0.4)\n", "q10k_tbl_98": "(in millions of euros)\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017\nJordan\t(54)\t(56)\t0\nLuxembourg\t0\t0\t(19)\nDemocratic Republic of the Congo\t0\t0\t(1)\nTotal of impairment of goodwill\t(54)\t(56)\t(20)\n", "q10k_tbl_99": "(in millions of euros)\tDecember 31 2019\t\t\tDecember 31 2018\tDecember 31 2017\n\t\tAccumulated\t\t\t\n\t\timpairment\t\t\t\n\tGross value\tlosses\tNet book value\tNet book value\tNet book value\nFrance\t14377\t(13)\t14364\t14364\t14364\nSpain\t6986\t(114)\t6872\t6840\t6818\nEurope\t6683\t(4017)\t2665\t2580\t2589\nPoland\t2856\t(2716)\t140\t111\t116\nBelgium\t1063\t(713)\t350\t298\t298\nRomania\t1806\t(570)\t1236\t1236\t1236\nSlovakia\t806\t0\t806\t806\t806\nMoldova\t83\t0\t83\t79\t83\nLuxembourg\t68\t(19)\t50\t50\t50\nAfrica & Middle East\t2621\t(1140)\t1481\t1542\t1629\nEgypt\t617\t(617)\t0\t0\t0\nBurkina Faso\t428\t0\t428\t428\t448\nCôte d'Ivoire\t417\t(42)\t375\t375\t375\nJordan\t280\t(168)\t112\t163\t210\nMorocco\t257\t0\t257\t251\t246\nSierra Leone\t134\t0\t134\t152\t181\nDemocratic Republic of the Congo\t199\t(199)\t0\t0\t0\nCameroon\t134\t(90)\t44\t44\t44\nOther\t155\t(25)\t131\t129\t125\nEnterprise\t2894\t(650)\t2245\t1830\t1493\nInternational Carriers & Shared Services\t18\t0\t18\t18\t18\nGoodwill\t33579\t(5935)\t27644\t27174\t26911\n", "q10k_tbl_100": "(in millions of euros)\t\tDecember 31\tDecember 31\tDecember 31\n\tNote\t2019\t2018\t2017\nGross Value in the opening balance\t\t32949\t32687\t32689\nAcquisitions\t\t520\t353\t38\nDisposals\t\t(4)\t(12)\t0\nTranslation adjustment\t\t111\t(39)\t(40)\nReclassifications and other items\t\t3\t(40)\t0\nReclassification to assets held for sale\t\t0\t0\t0\nGross Value in the closing balance\t\t33579\t32949\t32687\nAccumulated impairment losses in the opening balance\t\t(5775)\t(5776)\t(5710)\nImpairment\t7.1\t(54)\t(56)\t(20)\nDisposals\t\t4\t12\t0\nTranslation adjustment\t\t(110)\t45\t(46)\nReclassifications and other items\t\t0\t0\t0\nReclassification to assets held for sale\t\t0\t0\t0\nAccumulated impairment losses in the closing balance\t\t(5935)\t(5775)\t(5776)\nNet book value of goodwill for continuing operations\t\t27644\t27174\t26911\n", "q10k_tbl_101": "December 31 2019\tFrance\tSpain\tPoland\tEnterprise\tBelgium\tSierra Leone\tLiberia\nBasis of recoverable amount\tValue in use\t\t\t\t\t\t\nSource used\tInternal plan\t\t\t\t\t\t\nMethodology\tDiscounted cash flow\t\t\t\t\t\t\nPerpetuity growth rate\t0.8%\t1.5%\t1.5%\t0.3%\t0.5%\t3.8%\t3.8%\nPost-tax discount rate\t6.0\t% (1)% 7.3\t8.3%\t7.5%\t7.5%\t13.0%\t13.0%\nPre-tax discount rate\t8.1%\t9.1%\t9.7%\t10.0%\t9.6%\t15.9%\t15.9%\nDecember 31 2018\t\t\t\t\t\t\t\nBasis of recoverable amount\tValue in use\t\t\t\t\t\t\nSource used\tInternal plan\t\t\t\t\t\t\nMethodology\tDiscounted cash flow\t\t\t\t\t\t\nPerpetuity growth rate\t0.8%\t1.5%\t1.0%\t0.3%\t0.5%\t4.0%\t4.0%\nPost-tax discount rate\t6.0\t% (1)% 7.0\t8.0%\t7.5%\t6.8%\t14.8%\t15.0%\nPre-tax discount rate\t7.8%\t8.8%\t9.5%\t10.2%\t8.6%\t18.4%\t17.9%\nDecember 31 2017\t\t\t\t\t\t\t\nBasis of recoverable amount\tValue in use\t\t\t\t\t\t\nSource used\tInternal plan\t\t\t\t\t\t\nMethodology\tDiscounted cash flow\t\t\t\t\t\t\nPerpetuity growth rate\t0.8%\t1.5%\t1.0%\t0.3%\t0.5%\t4.0%\t4.0%\nPost-tax discount rate\t5.5\t% (2)% 8.6\t8.3%\t7.5%\t6.8%\t14.0%\t14.3%\nPre-tax discount rate\t7.4%\t10.8%\t9.7%\t10.7%\t9.0%\t17.1%\t16.9%\n", "q10k_tbl_102": "\t\t\tDecrease in the discounted cash\n\tIncrease in discount rate in order\tDecrease in the perpetual growth\tflows of the terminal value in\n\tfor the recoverable amount to be\trate in order for the recoverable\torder for the recoverable amount to\n\tequal to the net carrying value (in\tamount to be equal to the net\tbe equal to the net carrying value\n\tbasis points)\tcarrying value (in basis points)\t(in %)\nDecember 31 2019\t\t\t\nFrance\t+252 bp\t(243) bp\t(40)%\nSpain\t+54 bp\t(63) bp\t(11)%\nPoland\t+200 bp\t(178) bp\t(24)%\nBelgium\t+856 bp\t(711) bp\t(69)%\nEnterprise\t+1 130 bp\t(1 783) bp\t(84)%\nSierra Leone\t+50 bp\t(86) bp\t(9)%\nLiberia\t+83 bp\t(154) bp\t(15)%\nDecember 31 2018\t\t\t\nFrance\t+347 bp\t(399) bp\t(48)%\nSpain\t+144 bp\t(173) bp\t(26)%\nPoland\t+354 bp\t(312) bp\t(33)%\nBelgium\t+301 bp\t(324) bp\t(38)%\nEnterprise\t+1 299 bp\t(3 573) bp\t(88)%\nDecember 31 2017\t\t\t\nFrance\t+347 bp\t(403) bp\t(50)%\nSpain\t+225 bp\t(292) bp\t(32)%\nPoland\t+156 bp\t(161) bp\t(20)%\nBelgium\t+336 bp\t(375) bp\t(41)%\nEnterprise\t+1 443 bp\t(4 496) bp\t(91)%\nRomania\t+38 bp\t(41) bp\t(6)%\nJordan\t+4 bp\t(4) bp\t(1)%\nLiberia\t+45 bp\t(98) bp\t(10)%\n", "q10k_tbl_103": "(in millions of euros)\t2019\t2018\t2017\nTransfer price\t610\t224\t124\nNet book value of assets sold\t(307)\t(44)\t(36)\nProceeds from the disposal of fixed assets (1)\t303\t180\t88\n", "q10k_tbl_104": "Main assets\tDepreciation period (average)\nBrands acquired\tUp to 15 years except for the Orange brand with an indefinite useful life\nCustomer bases acquired\tExpected life of the commercial relationship: 3 to 16 years\nMobile network licenses\tGrant period from the date when the network is technically ready and the service can be marketed\nIndefeasible Rights of Use of submarine and terrestrial cables\tShorter of the expected period of use and the contractual period generally less than 20 years\nPatents\t20 years maximum\nSoftware\t5 years maximum\nDevelopment costs\t3 to 5 years\nBuildings\t10 to 30 years\nTransmission and other network equipment\t5 to 10 years\nCopper cables optical fiber and civil works\t10 to 30 years\nComputer hardware\t3 to 5 years\n", "q10k_tbl_105": "(in millions of euros)\t2019\t2018\t2017\nEgypt\t89\t(4)\t2\nNiger\t0\t(43)\t(52)\nDemocratic Republic of the Congo\t0\t0\t(119)\nPoland\t(12)\t1\t(1)\nOther\t(4)\t(2)\t(21)\nTotal of impairment of fixed assets\t73\t(49)\t(190)\n", "q10k_tbl_106": "\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017\nBasis of recoverable amount\tValue in use\tValue in use\tValue in use\nSource used\tInternal plan\tInternal plan\tInternal plan\nMethodology\tDiscounted net fees\tDiscounted net fees\tDiscounted net fees\nPerpetuity growth rate\t1.1%\t1.2%\t1.1%\nPost-tax discount rate\t7.4%\t7.4%\t7.6%\nPre-tax discount rate\t8.8%\t8.8%\t8.9%\n", "q10k_tbl_107": "(in millions of euros)\tDecember 31 2019\t\t\t\tDecember 31\tDecember 31\n\t\tAccumulated\t\t\t2018\t2017\n\t\tdepreciation\t\t\t\t\n\t\tand\tAccumulated\tNet book\tNet book\tNet book\n\tGross value\tamortization\timpairment\tvalue\tvalue\tvalue\nTelecommunications licenses\t11435\t(5340)\t(51)\t6043\t5917\t6233\nSoftware\t12833\t(8563)\t(21)\t4250\t4046\t3946\nOrange brand\t3133\t0\t0\t3133\t3133\t3133\nOther brands\t1117\t(114)\t(915)\t88\t89\t88\nCustomer bases\t5329\t(4720)\t(12)\t597\t449\t555\nOther intangible assets\t2230\t(1426)\t(179)\t626\t439\t384\nTotal\t36078\t(20163)\t(1178)\t14737\t14073\t14339\n", "q10k_tbl_108": "(in millions of euros)\t2019\t2018\t2017\nNet book value of other intangible assets - in the opening balance\t14073\t14339\t14602\nAcquisitions of other intangible assets\t2385\t1895\t1893\no/w telecommunications licenses (1)\t519\t200\t318\nImpact of changes in the scope of consolidation (2)\t328\t69\t(13)\nDisposals\t(10)\t(0)\t(7)\nDepreciation and amortization\t(2286)\t(2256)\t(2138)\nImpairment (3)\t88\t(10)\t(55)\nTranslation adjustment\t106\t7\t(74)\nReclassifications and other items\t52\t29\t131\nReclassifications to assets held for sale\t0\t0\t0\nNet book value of other intangible assets - in the closing balance\t14737\t14073\t14339\n", "q10k_tbl_109": "(in millions of euros)\t2019\t2018\t2017\nLabor expenses\t389\t382\t373\nTotal\t389\t382\t373\n", "q10k_tbl_110": "(in millions of euros)\t\t\tResidual\n\tGross value\tNet book value\tuseful life (1)\nLTE (4 licenses) (2)\t2182\t1721\t11.8 to 16.9\nUMTS (2 licenses)\t914\t209\t1.7 and 10.4\nGSM\t266\t20\t1.5\nFrance\t3362\t1950\t\n5G (2 licenses)\t459\t459\t11 and 18.9\nLTE (3 licenses)\t523\t355\t11.0 to 11.3\nUMTS\t690\t12\t0.3\nGSM (2 licenses)\t285\t136\t11.0\nSpain\t1957\t962\t\nLTE (3 licenses)\t798\t583\t8.0 and 11.1\nUMTS (2 licenses)\t391\t71\t1.0 and 3.0\nGSM (2 licenses)\t140\t54\t7.6 and 9.5\nPoland\t1329\t708\t\nLTE\t441\t370\t12.0\nUMTS\t152\t54\t12.0\nGSM (2 licenses)\t428\t133\t12.0\nEgypt\t1021\t557\t\nLTE\t52\t42\t15.2\nUMTS\t29\t13\t12.5\nGSM\t754\t188\t11.3\nMorocco\t835\t243\t\nLTE\t184\t114\t9.3\nUMTS\t61\t23\t9.3\nGSM\t292\t134\t9.3\nRomania\t537\t271\t\nLTE\t90\t63\t10.4\nUMTS (3 licenses)\t144\t90\t5.2 to 13.3\nGSM\t193\t106\t9.0\nJordan\t427\t259\t\nLTE (2 licenses)\t140\t98\t7.4 and 13.9\nUMTS\t149\t12\t1.3\nGSM\t76\t17\t1.2\nBelgium\t365\t127\t\nOther\t1602\t968\t\nTotal\t11435\t6044\t\n", "q10k_tbl_111": "(in millions of euros)\tDecember 31 2019\t\t\t\tDecember 31\tDecember 31\n\t\tAccumulated\t\t\t2018\t2017\n\t\tdepreciation\t\t\t\t\n\t\tand\tAccumulated\tNet book\tNet book\tNet book\n\tGross value\tamortization\timpairment\tvalue\tvalue\tvalue\nNetworks and terminals\t88739\t(63428)\t(174)\t25137\t23962\t22880\nLand and buildings\t7183\t(4943)\t(214)\t2026\t2479\t2535\nIT equipment\t3933\t(3128)\t(2)\t803\t817\t802\nOther property plant and equipment\t1696\t(1234)\t(6)\t456\t435\t448\nTotal property plant and equipment\t101551\t(72733)\t(395)\t28423\t27693\t26665\n", "q10k_tbl_112": "(in millions of euros)\t2019\t2018\t2017\nNet book value of property plant and equipment - in the opening balance\t27693\t26665\t25912\nIFRS 16 transition impact (1)\t(574)\t0\t0\nNet book value of property plant and equipment - including IFRS 16 transition impact\t27119\t26665\t25912\nAcquisitions of property plant and equipment\t6181\t5883\t5677\no/w finance leases\t0\t136\t43\no/w financed assets\t144\t0\t0\nImpact of changes in the scope of consolidation (2)\t(52)\t63\t0\nDisposals and retirements\t(164)\t(44)\t(35)\nDepreciation and amortization\t(4838)\t(4791)\t(4708)\no/w fixed assets\t(4824)\t(4791)\t(4708)\no/w financed assets\t(14)\t0\t0\nImpairment (3)\t(15)\t(39)\t(135)\nTranslation adjustment\t115\t(27)\t(44)\nReclassifications and other items\t78\t(17)\t(2)\nReclassifications to assets held for sale\t0\t0\t0\nNet book value of property plant and equipment - in the closing balance\t28423\t27693\t26665\n", "q10k_tbl_113": "(in millions of euros)\tDecember 31\tDecember 31\n\t2018\t2017\n\tNet book value\tNet book value\nLand and buildings\t423\t454\nNetworks and terminals\t115\t53\nIT Equipment and other\t36\t21\nTotal\t574\t528\n", "q10k_tbl_114": "(in millions of euros)\t2019\t2018\t2017\nLabor expenses\t459\t460\t466\nTotal\t459\t460\t466\n", "q10k_tbl_115": "(in millions of euros)\t2019\t2018\t2017\nFixed assets payables - in the opening balance\t3447\t3656\t3707\nBusiness related variations\t200\t(230)\t55\nChanges in the scope of consolidation\t(14)\t0\t0\nTranslation adjustment\t29\t8\t(32)\nReclassifications and other items\t3\t13\t(74)\nReclassification to assets held for sale\t0\t0\t0\nFixed assets payables - in the closing balance\t3665\t3447\t3656\no/w non-current fixed assets payables\t817\t612\t610\no/w current fixed assets payables\t2848\t2835\t3046\n", "q10k_tbl_116": "(in millions of euros)\t2019\t2018\t2017\nDismantling provision - in the opening balance\t776\t789\t737\nProvision reversal with impact on income statement\t0\t0\t0\nDiscounting with impact on income statement\t5\t13\t11\nUtilizations without impact on income statement\t(24)\t(15)\t(20)\nChanges in provision with impact on assets (1)\t67\t(19)\t57\nChanges in the scope of consolidation\t0\t0\t0\nTranslation adjustment\t2\t(3)\t4\nReclassifications and other items\t0\t11\t0\nReclassification to assets held for sale\t0\t0\t0\nDismantling provision - in the closing balance\t825\t776\t789\no/w non-current provision\t810\t765\t774\no/w current provision\t15\t11\t15\n", "q10k_tbl_117": "(in millions of euros)\tDecember\t2020\t2021\t2022\t2023\t2024\t2025 and\n\t31 2019\t\t\t\t\t\tbeyond\nUndiscounted lease liabilities\t7142\t1280\t1194\t900\t749\t821\t2197\n", "q10k_tbl_118": "(in millions of euros)\tDecember 31 2019\t\t\t\tJanuary 1 2019\n\tGross value\tAccumulated\tAccumulated\tNet book\tNet book value\n\t\tdepreciation\timpairment\tvalue\t\n\t\tand\t\t\t\n\t\tamortization\t\t\t\nLand and buildings\t6071\t(1106)\t(176)\t4789\t4834\nNetworks and terminals\t1802\t(494)\t0\t1308\t1359\nIT equipment\t116\t(87)\t0\t29\t33\nOther right-of-use\t198\t(61)\t0\t137\t122\nTotal right-of-use assets\t8187\t(1748)\t(176)\t6263\t6347\n", "q10k_tbl_119": "(in millions of euros)\tDecember 31 2019\nNet book value of right-of-use assets - in the opening balance\t6347\nIncrease (new right-of-use assets) (1)\t1009\nImpact of changes in the scope of consolidation\t18\nDepreciation and amortization (2)\t(1239)\nImpairment (3)\t(33)\nImpact of changes in the assessments\t169\nTranslation adjustment\t21\nReclassifications and other items\t(28)\nReclassifications to assets held for sale\t0\nNet book value of right-of-use assets - in the closing balance\t6263\n", "q10k_tbl_120": "(in millions of euros)\t2019\t2018\t2017\nTerritorial Economic Contribution IFER and similar taxes\t(758)\t(820)\t(817)\nSpectrum fees\t(329)\t(309)\t(304)\nLevies on telecommunication services\t(276)\t(286)\t(296)\nOther operating taxes and levies\t(465)\t(425)\t(429)\nTotal\t(1827)\t(1840)\t(1846)\n", "q10k_tbl_121": "(in millions of euros)\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017\nValue added tax\t996\t953\t958\nOther operating taxes and levies\t94\t74\t87\nOperating taxes and levies - receivables\t1090\t1027\t1045\nValue added tax\t(649)\t(647)\t(616)\nTerritorial Economic Contribution IFER and similar taxes\t(90)\t(94)\t(100)\nSpectrum fees\t(22)\t(29)\t(40)\nLevies on telecommunication services\t(118)\t(113)\t(97)\nOther operating taxes and levies\t(408)\t(439)\t(409)\nOperating taxes and levies - payables\t(1287)\t(1322)\t(1262)\nOperating taxes and levies - net\t(197)\t(295)\t(217)\n", "q10k_tbl_122": "(in millions of euros)\t2019\t2018\t2017\nNet operating taxes and levies (payables) in the opening balance\t(295)\t(217)\t(323)\nOperating taxes and levies recognized in profit or loss\t(1827)\t(1840)\t(1846)\nOperating taxes and levies paid\t1939\t1777\t1934\nChanges in the scope of consolidation\t3\t(13)\t0\nTranslation adjustment\t(16)\t(3)\t21\nReclassifications and other items\t(1)\t1\t(3)\nReclassifications to assets held for sale\t0\t0\t0\nNet operating taxes and levies (payables) in the closing balance\t(197)\t(295)\t(217)\n", "q10k_tbl_123": "(in millions of euros)\t2019\t2018\t2017\nOrange SA tax group\t(875)\t(702)\t(564)\n- Current tax\t(559)\t(595)\t(391)\n- Deferred tax\t(316)\t(107)\t(173)\nSpanish tax group\t(123)\t(164)\t(55)\n- Current tax\t(84)\t(65)\t(46)\n- Deferred tax\t(39)\t(99)\t(9)\nAfrica & Middle East\t(296)\t(255)\t(256)\n- Current tax\t(294)\t(258)\t(255)\n- Deferred tax\t(1)\t3\t(1)\nUnited Kingdom\t(66)\t(66)\t(57)\n- Current tax\t(66)\t(66)\t(57)\n- Deferred tax\t(0)\t0\t0\nOther subsidiaries\t(86)\t(122)\t(120)\n- Current tax\t(89)\t(128)\t(110)\n- Deferred tax\t3\t6\t(10)\nTotal Income tax\t(1447)\t(1309)\t(1052)\n- Current tax\t(1093)\t(1112)\t(859)\n- Deferred tax\t(354)\t(197)\t(193)\n", "q10k_tbl_124": "(in millions of euros)\tNote\t2019\t2018\t2017\nProfit before tax of continuing operations\t\t4673\t3467\t3063\nStatutory tax rate in France\t\t34.43%\t34.43%\t34.43%\nTheoretical income tax\t\t(1609)\t(1194)\t(1055)\nReconciling items :\t\t\t\t\nExceptional surtax(1)\t\t0\t0\t(78)\nImpairment of goodwill (2)\t7.1\t(19)\t(19)\t(7)\nImpairment of BT shares\t12.7\t(34)\t(30)\t(156)\nShare of profits (losses) of associates and joint ventures\t\t3\t1\t2\nAdjustment of prior-year taxes\t\t10\t23\t37\nRecognition / (derecognition) of deferred tax assets\t\t(36)\t(151)\t(27)\nDifference in tax rates (3)\t\t192\t189\t92\nChange in applicable tax rates (4)\t\t43\t(84)\t(50)\nOther reconciling items (5)\t\t3\t(44)\t190\nEffective income tax\t\t(1447)\t(1309)\t(1052)\nEffective tax rate\t\t30.97%\t37.75%\t34.35%\n", "q10k_tbl_125": "(in millions of euros)\t2019\t\t2018\t\t2017\t\n\tGross\tDeferred\tGross\tDeferred\tGross\tDeferred\n\tamount\ttax\tamount\ttax\tamount\ttax\nActuarial gains and losses on post-employment benefits (1)\t(109)\t30\t45\t(6)\t16\t(23)\nAssets available for sale\t0\t0\t0\t0\t23\t0\nAssets at fair value\t(16)\t0\t(30)\t0\t0\t0\nCash flow hedges\t144\t(47)\t(67)\t18\t49\t(20)\nTranslation adjustment\t78\t0\t(7)\t0\t(176)\t26\nOther comprehensive income of associates and joint ventures\t0\t0\t0\t0\t(9)\t0\nTotal presented in other comprehensive income\t97\t(17)\t(59)\t12\t(97)\t(17)\n", "q10k_tbl_126": "(in millions of euros)\tDecember 31 2019\t\t\tDecember 31 2018\t\t\tDecember 31 2017\t\t\n\tAssets\tLiabi-lities\tNet\tAssets\tLiabi-lities\tNet\tAssets\tLiabi-lities\tNet\nOrange SA tax group\t\t\t\t\t\t\t\t\t\n- Current tax\t0\t385\t(385)\t0\t438\t(438)\t0\t288\t(288)\n- Deferred tax (1)\t633\t0\t633\t977\t0\t977\t1059\t0\t1059\nSpanish tax group\t\t\t\t\t\t\t\t\t\n- Current tax\t0\t32\t(32)\t0\t4\t(4)\t53\t0\t53\n- Deferred tax (2)\t11\t0\t11\t50\t0\t50\t149\t0\t149\nAfrica & Middle East\t\t\t\t\t\t\t\t\t\n- Current tax\t43\t212\t(168)\t32\t182\t(150)\t25\t189\t(164)\n- Deferred tax\t92\t55\t37\t84\t42\t42\t99\t54\t45\nUnited Kingdom\t\t\t\t\t\t\t\t\t\n- Current tax\t0\t30\t(30)\t0\t34\t(34)\t0\t22\t(22)\n- Deferred tax (3)\t1\t539\t(538)\t0\t531\t(531)\t0\t531\t(531)\nOther subsidiaries\t\t\t\t\t\t\t\t\t\n- Current tax\t76\t90\t(14)\t87\t97\t(10)\t54\t97\t(43)\n- Deferred tax\t255\t108\t147\t255\t58\t197\t279\t70\t209\nTotal\t\t\t\t\t\t\t\t\t\n- Current tax\t120\t748\t(629)\t119\t755\t(636)\t132\t596\t(464)\n- Deferred tax\t992\t703\t289\t1366\t631\t735\t1586\t655\t931\n", "q10k_tbl_127": "(in millions of euros)\t2019\t2018\t2017\nNet current tax assets / (liabilities) in the opening balance\t(636)\t(464)\t(168)\nCash tax payments (1)\t1079\t928\t583\nChange in income statement (2)\t(1093)\t(1116)\t(859)\nChange in other comprehensive income\t0\t0\t0\nChange in retained earnings (3)\t48\t0\t(11)\nChanges in the scope of consolidation\t(1)\t19\t0\nTranslation adjustment\t(1)\t(3)\t5\nReclassification and other items\t(24)\t(0)\t(14)\nReclassification to assets held for sale\t0\t0\t0\nNet current tax assets / (liabilities) in the closing balance\t(629)\t(636)\t(464)\n", "q10k_tbl_128": "(in millions of euros)\t2019\t2018\t2017\nNet deferred tax assets in the opening balance\t735\t931\t1141\nChange in income statement (1)\t(354)\t(197)\t(210)\nChange in other comprehensive income\t(17)\t12\t(17)\nChange in retained earnings (2)\t4\t0\t(8)\nChange in the scope of consolidation\t(76)\t(10)\t0\nTranslation adjustment\t0\t(7)\t11\nReclassification and other items\t(3)\t6\t14\nReclassification to assets held for sale\t0\t0\t0\nNet deferred tax assets in the closing balance\t289\t735\t931\n", "q10k_tbl_129": "(in millions of euros)\tDecember 31 2019\t\t\tDecember 31 2018\t\t\tDecember 31 2017\t\t\n\t\t\tIncome\t\t\tIncome\t\t\tIncome\n\tAssets\tLiabilities\tstate-ment\tAssets\tLiabilities\tstate-ment\tAssets\tLiabilities\tstate-ment\nProvisions for employee benefit obligations\t704\t0\t(169)\t833\t0\t(25)\t842\t0\t(132)\nFixed assets\t614\t1216\t(68)\t721\t1123\t(26)\t790\t1139\t(38)\nTax losses carryforward\t3895\t0\t8\t3914\t0\t(105)\t4011\t0\t(456)\nOther temporary differences\t2700\t2746\t(83)\t1245\t1146\t(42)\t1538\t1407\t(34)\nDeferred tax\t7913\t3963\t(313)\t6713\t2269\t(198)\t7181\t2546\t(660)\nDepreciation of deferred tax assets\t(3661)\t0\t(41)\t(3709)\t0\t1\t(3704)\t0\t450\nNetting\t(3260)\t(3260)\t0\t(1638)\t(1638)\t0\t(1891)\t(1891)\t0\nTotal\t992\t703\t(354)\t1366\t631\t(197)\t1586\t655\t(210)\n", "q10k_tbl_130": "(in millions of euros)\t2019\t2018\t2017\nInterests in associates - in the opening balance\t104\t77\t130\nDividends\t(2)\t(3)\t0\nShare of profits (losses)\t8\t3\t6\nImpairment\t0\t0\t0\nChange in components of other comprehensive income\t0\t0\t(9)\nChanges in the scope of consolidation\t2\t(1)\t(3)\nTranslation adjustment\t(4)\t5\t(2)\nReclassifications and other items\t(5)\t23\t(45)\nReclassification as held for sale\t0\t0\t0\nInterests in associates - in the closing balance\t103\t104\t77\n", "q10k_tbl_131": "(in millions of euros)\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017\nAssets\t\t\t\nNon-current financial assets\t0\t0\t2\nTrade receivables\t37\t31\t30\nCurrent financial assets\t2\t(1)\t(2)\nOther current assets\t1\t0\t0\nLiabilities\t\t\t\nCurrent financial liabilities\t0\t7\t4\nTrade payables\t10\t9\t8\nOther current liabilities\t0\t0\t0\nDeferred income\t0\t0\t0\nIncome statement\t\t\t\nRevenue\t10\t13\t15\nOther operating income\t7\t8\t18\nExternal purchases and other operating expenses\t(10)\t(66)\t(57)\nFinance cost net\t1\t0\t0\n", "q10k_tbl_132": "(in millions of euros)\tOrange\tO/w\tNote\tO/w\tNote\tO/w\t\n\tconsolidated\ttelecom\t\tOrange\t\teliminations\t\n\tfinancial\tactivities\t\tBank\t\ttelecom\t\n\tstatements\t\t\t\t\tactivities / bank\t\nNon-current financial assets related to Orange Bank activities\t1259\t0\t\t1259\t16.1.1\t0\t\nNon-current financial assets\t1208\t1235\t12.7\t0\t\t(27)\t(1)\nNon-current derivatives assets\t562\t562\t12.8\t0\t16.1.3\t0\t\nCurrent financial assets related to Orange Bank activities\t3095\t0\t\t3098\t16.1.1\t(3)\t\nCurrent financial assets\t4766\t4766\t12.7\t0\t\t0\t\nCurrent derivatives assets\t12\t12\t12.8\t0\t16.1.3\t0\t\nCash and cash equivalents\t6481\t6112\t\t369\t\t0\t\nNon-current financial liabilities related to Orange Bank activities\t0\t0\t\t27\t16.1.2\t(27)\t(1)\nNon-current financial liabilities\t33148\t33148\t12.3\t0\t\t0\t\nNon-current derivatives liabilities\t487\t413\t12.8\t74\t16.1.3\t0\t\nCurrent financial liabilities related to Orange Bank liabilities\t4279\t0\t\t4280\t16.1.2\t0\t\nCurrent financial liabilities\t3925\t3928\t12.3\t0\t\t(3)\t\nCurrent derivatives liabilities\t22\t22\t12.8\t0\t16.1.3\t0\t\n", "q10k_tbl_133": "(in millions of euros)\t\t\t\t\t\t\tOther\n\t\t\t\t\t\t\tcompre-\n\tFinance costs net\t\t\t\t\t\thensive income\n\tCost of\tGains\tCost of net\tForeign\tOther net\tFinance\tReserves\n\tgross\t(losses) on\tfinancial\texchange\tfinancial\tcosts net\t\n\tfinancial\tassets\tdebt\tgains\texpenses(2)\t\t\n\tdebt(1)\tcontributing\t\t(losses)\t\t\t\n\t\tto net\t\t\t\t\t\n\t\tfinancial\t\t\t\t\t\n\t\tdebt\t\t\t\t\t\n2019\t\t\t\t\t\t\t\nFinancial assets\t0\t5\t5\t31\t(65)\t\t(25)\nFinancial liabilities\t(1255)\t0\t(1255)\t(351)\t0\t\t0\nLease liabilities\t0\t0\t0\t0\t(122)\t\t0\nDerivatives\t146\t0\t146\t397\t0\t\t144\nDiscounting expense\t0\t0\t0\t0\t(39)\t\t0\nTotal\t(1109)\t5\t(1104)\t76\t(226)\t(1254)\t119\n2018\t\t\t\t\t\t\t\nFinancial assets\t0\t9\t9\t(17)\t16\t\t(22)\nFinancial liabilities\t(1395)\t0\t(1395)\t(353)\t0\t\t0\nDerivatives\t54\t0\t54\t366\t0\t\t(67)\nDiscounting expense\t0\t0\t0\t0\t(42)\t\t0\nTotal\t(1341)\t9\t(1332)\t(4)\t(26)\t(1362)\t(89)\n2017\t\t\t\t\t\t\t\nFinancial assets\t0\t11\t11\t(54)\t(346)\t\t20\nFinancial liabilities\t(1357)\t0\t(1357)\t1217\t0\t\t0\nDerivatives\t83\t0\t83\t(1226)\t0\t\t49\nDiscounting expense\t0\t0\t0\t0\t(43)\t\t0\nTotal\t(1274)\t11\t(1263)\t(63)\t(389)\t(1715)\t69\n", "q10k_tbl_134": "(in millions of euros)\t\tDecember 31\t\tDecember 31\tDecember 31\t\n\tNote\t2019\t\t2018\t2017\t\nTDIRA\t12.4\t822\t\t822\t1234\t\nBonds\t12.5\t30893\t\t27070\t25703\t\nBank loans and from development organizations and multilateral lending institutions\t12.6\t4013\t\t3664\t2961\t\nDebt relating to financed assets\t\t125\t\t0\t0\t\nFinance lease liabilities\t\t0\t\t584\t571\t\nCash collateral received\t13.5\t261\t\t82\t21\t\nNEU Commercial Papers (1)\t\t158\t\t1116\t1358\t\nBank overdrafts\t\t203\t\t318\t193\t\nOther financial liabilities\t\t602\t(2)\t363\t434\t\nCurrent and non-current financial liabilities (excluding derivatives) included in the calculation of net financial debt\t\t37076\t\t34019\t32475\t\nCurrent and non-current Derivatives (liabilities)\t12.8\t436\t\t845\t963\t\nCurrent and non-current Derivatives (assets)\t12.8\t(573)\t\t(385)\t(234)\t\nOther comprehensive income components related to unmatured hedging instruments\t12.8\t(542)\t\t(721)\t(686)\t\nGross financial debt after derivatives (a)\t\t36397\t\t33758\t32518\t\nCash collateral paid (3)\t13.5\t(123)\t\t(553)\t(695)\t\nInvestments at fair value (4)\t12.7\t(4696)\t\t(2683)\t(2647)\t\nCash equivalents\t\t(3651)\t\t(2523)\t(3166)\t\nCash\t\t(2462)\t\t(2558)\t(2167)\t(5)\nAssets included in the calculation of net financial debt (b)\t\t(10931)\t\t(8317)\t(8675)\t\nNet financial debt (a) + (b)\t\t25466\t\t25441\t23843\t\n", "q10k_tbl_135": "(in millions of euros)\tDecember 31\tCash\tOther changes with no impact\t\t\tDecember 31\n\t2018\tflows\ton cash flows\t\t\t2019\n\t\t\tChanges in\tForeign\t\t\n\t\t\tthe scope of\texchange\t\t\n\t\t\tconsolidation\tmovement\tOther\t\nTDIRA\t822\t0\t0\t0\t0\t822\nBonds\t27070\t3391\t148\t346\t(63) (1)\t30893\nBank loans and from development organizations and multilateral lending institutions\t3664\t335\t(30)\t36\t8\t4013\nFinance lease liabilities\t584\t0\t0\t0\t(584)\t0\nDebt relating to financed assets\t0\t(17)\t0\t0\t143\t125\nCash collateral received\t82\t179\t0\t0\t0\t261\nNEU Commercial Papers\t1116\t(958)\t0\t0\t(1)\t158\nBank overdrafts\t318\t(123)\t(4)\t5\t7\t203\nOther financial liabilities\t363\t(10)\t9\t10\t229\t602\nCurrent and non-current financial liabilities (excluding derivatives) included in the calculation of net financial debt\t34019\t2797\t123\t398\t(261)\t37076\nNet derivatives\t460\t26\t(2)\t(376)\t(246)\t(138)\nCash collateral paid\t(555)\t430\t0\t0\t0\t(123)\nCash flows from financing activities\t\t3253\t\t\t\t\n", "q10k_tbl_136": "(in millions of euros)\tDecember 31 2017\tCash flows\tOther changes with no impact on cash flows\t\t\tDecember 31 2018\n\t\t\tChanges in the scope of consolidation\tForeign exchange movement\tOther\t\nTDIRA\t1234\t(443)\t0\t0\t31\t822\nBonds\t25703\t1136\t5\t321\t(95) (1)\t27070\nBank loans and from development organizations and multilateral lending institutions\t2961\t613\t14\t20\t56\t3664\nFinance lease liabilities\t571\t(123)\t2\t(1)\t135\t584\nCash collateral received\t21\t61\t0\t0\t0\t82\nNEU Commercial Papers\t1358\t(243)\t0\t(0)\t1\t1116\nBank overdrafts\t193\t82\t38\t5\t0\t318\nOther financial liabilities\t434\t(153)\t135\t8\t(61)\t363\nCurrent and non-current financial liabilities (excluding derivatives) included in the calculation of net financial debt\t32475\t930\t194\t353\t67\t34019\nNet derivatives\t729\t8\t0\t(339)\t62\t460\nCash collateral paid\t(695)\t140\t0\t0\t0\t(555)\nCash flows from financing activities\t\t1078\t\t\t\t\n", "q10k_tbl_137": "(in millions of euros)\tDecember 31\tCash\tOther changes with no impact\t\t\tDecember 31\n\t2016\tflows\ton cash flows\t\t\t2017\n\t\t\tChanges in\tForeign\t\t\n\t\t\tthe scope of\texchange\t\t\n\t\t\tconsolidation\tmovement\tOther\t\nTDIRA\t1212\t0\t0\t0\t22\t1234\nBonds\t27370\t(460)\t0\t(1104)\t(103) (1)\t25703\nBank loans and from development organizations and multilateral lending institutions\t2710\t294\t0\t(54)\t11\t2961\nFinance lease liabilities\t622\t(96)\t0\t0\t45\t571\nCash collateral received\t541\t(520)\t0\t0\t0\t21\nNEU Commercial Papers\t542\t818\t0\t(2)\t0\t1358\nBank overdrafts\t278\t(66)\t0\t(19)\t0\t193\nOther financial liabilities\t250\t196\t0\t(21)\t9\t434\nCurrent and non-current financial liabilities (excluding derivatives) included in the calculation of net financial debt\t33525\t166\t0\t(1200)\t(16)\t32475\nNet derivatives\t(399)\t(66)\t0\t1183\t11\t729\nCash collateral paid\t(77)\t(618)\t0\t0\t0\t(695)\nCash flows from financing activities\t\t(518)\t\t\t\t\n", "q10k_tbl_138": "(equivalent value in millions of euros at year-end closing rate)\tEUR\tUSD\tGBP\tPLN\tEGP\tJOD\tMAD\tOther\tTotal\nGross financial debt after derivatives\t24959\t4718\t3800\t25\t216\t148\t594\t1937\t36397\nFinancial assets included in the calculation of net financial debt\t(9648)\t(91)\t(9)\t(96)\t(2)\t(30)\t(191)\t(864)\t(10931)\nNet debt by currency before effect of foreign exchange derivatives (1)\t15311\t4627\t3791\t(71)\t214\t118\t403\t1073\t25466\nEffect of foreign exchange derivatives\t9124\t(4677)\t(5312)\t1505\t0\t0\t0\t(640)\t0\nNet financial debt by currency after effect of foreign exchange derivatives\t24436\t(50)\t(1521)\t1435\t214\t118\t403\t433\t25466\n", "q10k_tbl_139": "(in millions of euros)\tDecember 31 2019\tDecember 31 2018\tDecember 31 2017\nNumber of securities\t57981\t57981\t89398\nEquity component before deferred taxes\t196\t196\t303\nDebt component\t822\t822\t1234\no/w accrued interests not yet due\t4\t4\t7\nPaid interest\t18\t27\t27\n", "q10k_tbl_140": "Notional\tInitial nominal\tMaturity\tInterest rate (%)\tOutstanding amount (in millions of euros)\t\t\ncurrency\tamount\t\t\tDecember 31\tDecember 31\tDecember 31\n\t(in millions of\t\t\t2019\t2018\t2017\n\tcurrency units)\t\t\t\t\t\nBonds matured before December 31 2019\t\t\t\t\t4399\t7396\nEUR\t25\tFebruary 10 2020\t4.200\t25\t25\t25\nEUR(1)\t25\tFebruary 10 2020\t10Y CMS + 0.80\t25\t25\t25\nEUR\t1000\tApril 9 2020\t3.875\t1000\t1000\t1000\nGBP\t450\tNovember 10 2020\t7.250\t280\t266\t268\nEUR\t1250\tJanuary 14 2021\t3.875\t1250\t1250\t1250\nGBP(2)\t517\tJune 27 2021\t0.375\t608\t578\t583\nUSD\t1000\tSeptember 14 2021\t4.125\t890\t873\t834\nEUR\t255\tOctober 13 2021\t10Y CMS + 0.69\t255\t255\t255\nEUR\t272\tDecember 21 2021\t10Y TEC + 0.50\t272\t272\t272\nEUR\t650\tJanuary 152022\t0.500\t650\t0\t0\nEUR\t1000\tJune 15 2022\t3.000\t1000\t1000\t1000\nEUR\t500\tSeptember 16 2022\t3.375\t500\t500\t500\nEUR(3)\t150\tFebruary 62023\tEUR 3M + 5.5\t150\t0\t0\nEUR\t500\tMarch 1 2023\t2.500\t500\t500\t500\nEUR\t750\tSeptember 11 2023\t0.750\t750\t750\t750\nHKD\t700\tOctober 6 2023\t3.230\t80\t78\t75\nHKD\t410\tDecember 22 2023\t3.550\t47\t46\t44\nEUR\t650\tJanuary 9 2024\t3.125\t650\t650\t650\nEUR\t1250\tJuly 15 2024\t1.125\t1250\t0\t0\nEUR\t750\tMay 12 2025\t1.000\t750\t750\t750\nEUR\t800\tSeptember 12 2025\t1.000\t800\t800\t0\nNOK\t500\tSeptember 17 2025\t3.350\t51\t50\t51\nCHF\t400\tNovember 24 2025\t0.200\t369\t0\t0\nGBP\t350\tDecember 5 2025\t5.250\t308\t293\t296\nMAD(4)\t1090\tDecember 18 2025\t3.970\t87\t100\t0\nMAD(4)\t720\tDecember 18 2025\t1Y BDT + 1.00\t57\t66\t0\nEUR\t750\tSeptember 4 2026\t0\t750\t0\t0\nEUR\t75\tNovember 30 2026\t4.125\t75\t75\t75\nMAD(4)\t1002\tDecember 10 2026\t3.400\t93\t0\t0\nMAD(4)\t788\tDecember 10 2026\t1Y BDT + 0.85\t73\t0\t0\nEUR\t750\tFebruary 3 2027\t0.875\t750\t750\t750\nEUR\t500\tSeptember 9 2027\t1.500\t500\t500\t500\nEUR\t1000\tMarch 20 2028\t1.375\t1000\t1000\t0\nEUR\t50\tApril 11 2028\t3.220\t50\t50\t50\nNOK\t800\tJuly 24 2028\t2.955\t81\t80\t0\nGBP\t500\tNovember 20 2028\t8.125\t588\t559\t564\nEUR\t1250\tJanuary 15 2029\t2.000\t1250\t0\t0\nEUR\t150\tApril 11 2029\t3.300\t150\t150\t150\nCHF\t100\tJune 22 2029\t0.625\t92\t0\t0\n", "q10k_tbl_141": "Notional\tInitial nominal\tMaturity\tInterest rate (%)\tOutstanding amount (in millions of euros)\t\t\ncurrency\tamount\t\t\tDecember 31\tDecember 31\tDecember 31\n\t(in millions of\t\t\t2019\t2018\t2017\n\tcurrency units)\t\t\t\t\t\nEUR\t1000\tJanuary 16 2030\t1.375\t1000\t1000\t0\nEUR\t1200\tSeptember 12 2030\t1.875\t1200\t1200\t0\nEUR\t105\tSeptember 17 2030\t2.600\t105\t105\t105\nEUR\t100\tNovember 6 2030\t0.091 (5)\t100\t100\t100\nUSD\t2500\tMarch 1 2031\t9.000 (6)\t2191\t2150\t2052\nEUR\t300\tMay 29 2031\t1.342\t300\t0\t0\nEUR\t50\tDecember 5 2031\t4.300 (zero coupon)\t69\t67\t64\nEUR\t50\tDecember 8 2031\t4.350 (zero coupon)\t70\t67\t65\nEUR\t50\tJanuary 5 2032\t4.450 (zero coupon)\t68\t65\t62\nGBP\t750\tJanuary 15 2032\t3.250\t882\t0\t0\nEUR\t1000\tSeptember 4 2032\t0.500\t1000\t0\t0\nEUR\t1500\tJanuary 28 2033\t8.125\t1500\t1500\t1500\nEUR\t55\tSeptember 30 2033\t3.750\t55\t55\t55\nGBP\t500\tJanuary 23 2034\t5.625\t588\t559\t564\nHKD\t939\tJune 12 2034\t3.070\t107\t0\t0\nEUR\t300\tJuly 11 2034\t1.200\t300\t0\t0\nEUR\t50\tApril 16 2038\t3.500\t50\t50\t50\nUSD\t900\tJanuary 13 2042\t5.375\t801\t786\t750\nUSD\t850\tFebruary 6 2044\t5.500\t757\t742\t709\nEUR\t750\tSeptember 4 2049\t1.375\t750\t0\t0\nGBP\t500\tNovember 22 2050\t5.375\t588\t559\t564\nOutstanding amount of bonds\t\t\t\t30537\t26695\t25253\nAccrued interest\t\t\t\t532\t527\t550\nAmortized cost\t\t\t\t(176)\t(152)\t(100)\nTotal\t\t\t\t30893\t27070\t25703\n", "q10k_tbl_142": "(in millions of euros)\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017\nSonatel\t380\t343\t289\nMédi Telecom\t282\t335\t385\nOrange Côte d'Ivoire\t237\t225\t275\nOrange Egypt\t213\t210\t183\nOrange Mali\t203\t200\t64\nOrange Cameroon\t82\t105\t101\nOrange Jordanie\t77\t31\t46\nOther\t150\t127\t130\nBank loans\t1625\t1574\t1473\nOrange SA(1)\t2356\t2023\t1388\nOrange Espagne\t33\t67\t100\nLoans from development organizations and multilateral lending institutions(2)\t2389\t2090\t1488\nTotal\t4013\t3664\t2961\n", "q10k_tbl_143": "(in millions of euros)\tDecember 31 2019\t\t\tDecember 31 2018\tJanuary 1 2018 (1)\n\t\t\tFinancial assets\t\t\n\t\t\trelated to telecom\t\t\n\t\t\tactivities including\t\t\n\t\t\ttransactions with\t\t\n\t\t\tOrange Bank\t\t\n\tNon-current\tCurrent\tTotal\tTotal\tTotal\nFinancial assets at fair value through other comprehensive income that will not be reclassified to profit or loss\t277\t0\t277\t254\t208\nInvestments securities\t277\t0\t277\t254\t208\nFinancial assets at fair value through profit or loss\t257\t4696\t4953\t4041\t4347\nInvestments at fair value\t0\t4696\t4696\t2683\t2647\no/w negotiable debt securities (2)\t0\t4696\t4696\t2679\t2498\no/w other\t0\t0\t0\t4\t149 (3)\nInvestments securities\t133\t0\t133\t805\t1005\nCash collateral paid (4)\t123\t0\t123\t553\t695\nFinancial assets at amortized cost\t701\t71\t772\t762\t405\nReceivables related to investments(5)\t52\t18\t70\t55\t46\nOther\t649 (6)\t52\t702\t707 (6)\t359\nTotal financial assets\t1235\t4766\t6001\t5057\t4960\n", "q10k_tbl_144": "(in millions of euros)\tDecember 31 2017\nAssets available for sale\t\nEquity securities\t1067\nFinancial assets at fair value\t\nInvestments at fair value\t2647\no/w negotiable debt securities\t2498\no/w others\t149 (1)\nEquity securities measured at fair value\t146\nCash collateral paid\t695\nOther financial assets\t\nReceivables related to investments\t46 (2)\nOther\t359\nTotal\t4960\n", "q10k_tbl_145": "(in millions of euros)\t2019\t2018\nInvestment securities measured at fair value through other comprehensive income that may not be reclassified to profit or loss - in the opening balance\t254\t208\nAcquisitions\t52\t75\nChanges in fair value\t(25)\t(22)\nSales\t(2)\t(7)\nOther movements\t(2)\t0\nInvestment securities measured at fair value through other comprehensive income that may not be reclassified to profit or loss - in the closing balance\t277\t254\n", "q10k_tbl_146": "(in millions of euros)\t2019\t2018\nInvestment securities measured at fair value through profit or loss - in the opening balance\t805\t1005\nChanges in fair value\t17\t(101)\nSale of BT shares\t(659)\t(53)\nOther movements\t(29)\t(46)\nInvestment securities measured at fair value through profit or loss - in the closing balance\t133\t805\n", "q10k_tbl_147": "(in millions of euros)\t2017\nInvestment securities - in the opening balance\t1878\nSale of one third of BT shares\t(570)\nImpairment of BT shares maintained excluding effect of FX risk hedge\t(325)\nChanges in fair value\t20\nOther movements\t64\nInvestment securities - in the closing balance\t1067\n", "q10k_tbl_148": "(in millions of euros)\t2019\t2018\t2017\nImpact of 2017 sale\t0\t0\t(126)\nImpact of 2018 sales\t0\t(2)\t(22)\nImpact of 2019 sale\t(119)\t(93)\t(271)\nDividends received\t0\t44\t47\nEffect in the consolidated financial net income of the investment in BT\t(119)\t(51)\t(372)\n", "q10k_tbl_149": "(in millions of euros)\tDecember 31 2019\tDecember 31 2018\tDecember 31 2017\n\tNet\tNet\tNet\nHedging derivatives\t324\t(162)\t(447)\nCash flow hedge derivatives\t328\t(160)\t(447)\nFair value hedge derivatives\t(4)\t(2)\t0\nDerivatives held for trading (1)\t(187)\t(298)\t(282)\nNet derivatives(2)\t138\t(460)\t(729)\n", "q10k_tbl_150": "(in millions of euros)\tHedged risk\t\t\t\n\tTotal\tExchange and interest\t\t\n\t\trate risk\tExchange risk\tInterest rate risk\nHedging instruments\t328\tCross Currency Swap\tForward\tInterest rate swap\n\t\t\tFX swap\tOption\n\t\t\tOption\t\nCarrying amount - asset\t557\t554\t2\t1\nCarrying amount - liability\t(229)\t(190)\t(3)\t(36)\nChange in cash flow hedge reserve\t144\t148\t(10)\t7\nGain (loss) recognized in other comprehensive income\t179\t184\t(12)\t7\nReclassification in financial result\t(38)\t(36)\t(1)\t(1)\nReclassification in operating income\t1\t0\t1\t0\nReclassification in initial carrying amount of hedged item\t2\t0\t2\t0\nCash flow hedge reserve\t(123)\t(95)\t(6)\t(22)\no/w related to unmatured hedging instruments\t(542)\t(513)\t(6)\t(22)\no/w related to discontinued hedges\t418\t418\t0\t0\nHedged item\t\tBonds and credit line\tPurchases of handsets\tBonds and Leasing\n\t\t\tand equipment\t\n\t\tCurrent and non current\tProperty plant and\tOther Liabilities and Financial Liabilities -\nBalance sheet item\t\tfinancial liabilities\tequipment\tcurrent and non current\n", "q10k_tbl_151": "(in millions of euros)\tHedged risk\t\t\t\n\tTotal\tExchange and interest\tExchange risk\tInterest rate risk\n\t\trate risk\t\t\nHedging instruments\t(160)\tCross Currency Swap\tForward\tInterest rate swap\n\t\t\tFX swap\t\n\t\t\tOption\t\nCarrying amount - asset\t353\t351\t2\t0\nCarrying amount - liability\t(513)\t(479)\t0\t(34)\nChange in cash flow hedge reserve\t(67)\t(83)\t(7)\t23\nGain (loss) recognized in other comprehensive income\t(53)\t(45)\t(15)\t7\nReclassification in financial result\t(22)\t(38)\t0\t16\nReclassification in operating income\t(1)\t0\t(1)\t0\nReclassification in initial carrying amount of hedged item\t9\t0\t9\t0\nCash flow hedge reserve\t(267)\t(245)\t3\t(25)\no/w related to unmatured hedging instruments\t(721)\t(696)\t3\t(28)\no/w related to discontinued hedges\t454\t451\t0\t3\nHedged item\t\tBonds and credit line\tPurchases of handsets\tBonds and Leasing\n\t\t\tand equipment\t\n\t\tCurrent and non current\tProperty plant and\tCurrent and non current\nBalance sheet item\t\tfinancial liabilities\tequipment\tfinancial liabilities\n", "q10k_tbl_152": "(in millions of euros)\tDecember 31\n\t2017\nOther comprehensive income related to unmatured hedging instruments\t(686)\nO/w Orange SA\t(666)\nO/w other entities\t(20)\nReserve to be amortized for discontinued hedges\t486\nOther comprehensive income related to hedging instruments\t(200)\n", "q10k_tbl_153": "\tNotional amounts of hedging instruments per maturity\t\t\t\t\n\t(in millions of hedged currency units)\t\t\t\t\n\t2020\t2021\t2022\t2023\t2024\n\t\t\t\t\tand\n\t\t\t\t\tbeyond\nOrange SA\t\t\t\t\t\nCross currency swaps\t\t\t\t\t\nCHF\t0\t0\t0\t0\t500 (1)\nGBP\t238\t517\t0\t0\t2512 (2)\nHKD\t0\t0\t0\t1110\t939 (3)\nNOK\t0\t0\t0\t0\t1300 (4)\nUSD\t23\t1000\t0\t0\t4200 (5)\nInterest rate swaps\t\t\t\t\t\nEUR\t0\t255\t0\t0\t100 (6)\nFT Immo H\t\t\t\t\t\nInterest rate swaps\t\t\t\t\t\nEUR\t13\t48\t57\t0\t40 (7)\nFT Immo H\t\t\t\t\t\nForwards\t\t\t\t\t\nEUR\t158\t0\t0\t0\t0\n", "q10k_tbl_154": "(in millions of currency units)\tExposure in currency units (1)\t\t\t\t\tSensitivity analysis\t\n\tEUR\tUSD\tGBP\tPLN\tTotal\t10% gain in\t10% loss in\n\t\t\t\t\ttranslated\teuro\teuro\nOrange SA\t0\t(35)\t(1)\t(26)\t(39)\t4\t(4)\nOrange Polska\t(33)\t2\t0\t0\t(32)\t3\t(4)\nTotal (euros)\t(33)\t(30)\t(2)\t(6)\t(71)\t\t\n", "q10k_tbl_155": "(in millions of euros)\tContribution to consolidated net assets\t\t\t\t\t\t\t\t\tSensitivity analysis\t\n\tEUR\tUSD\tGBP\tPLN\tEGP\tJOD\tMAD\tOther\tTotal\t10%\t10%\n\t\t\t\t\t\t\t\tcurrencies\t\tgain in\tloss in\n\t\t\t\t\t\t\t\t\t\teuro\teuro\nNet assets excluding net debt (a) (1)\t51177\t218\t(1456)\t3528\t971\t574\t954\t3919\t59882\t(791)\t967\nNet debt by currency including derivatives (b) (2)\t(24436)\t50\t1521 (3)\t(1435)\t(214)\t(118)\t(403)\t(433)\t(25466)\t94\t(115)\nNet assets by currency (a) + (b)\t26741\t268\t65\t2093 (4)\t756\t456\t551\t3486\t34416\t(698)\t853\n", "q10k_tbl_156": "(in millions of euros)\tContribution to consolidated financial income statement\t\t\t\t\t\t\t\t\tSensitivity analysis\t\n\tEUR\tUSD\tGBP\tPLN\tEGP\tJOD\tMAD\tOther\tTotal\t10% gain\t10% loss\n\t\t\t\t\t\t\t\tcurrencies\t\tin euro\tin euro\nRevenues\t31977\t1184\t254\t2619\t779\t398\t571\t4455\t42238\t(933)\t1140\nReported EBITDAaL\t10075\t244\t28\t635\t211\t142\t173\t1352\t12860\t(253)\t309\nOperating income\t4646\t177\t16\t96\t137\t7\t26\t821\t5927\t(116)\t142\n", "q10k_tbl_157": "(in millions of euros)\tNote\tDecember 31\t2020\t2021\t2022\t2023\t2024\t2025 and\tOther\n\t\t2019\t\t\t\t\t\tbeyond\titems (1)\nTDIRA\t12.4\t822\t4\t0\t0\t0\t0\t0\t818\nBonds\t12.5\t30893\t1910\t3323\t2198\t1575\t1947\t20115\t(176)\nBank loans and from development organizations and multilateral lending institutions\t12.6\t4013\t1029\t491\t266\t943\t222\t1070\t(8)\nDebt relating to financed assets\t12.3\t125\t28\t28\t28\t28\t13\t0\t0\nCash collateral received\t12.3\t261\t261\t0\t0\t0\t0\t0\t0\nNEU commercial papers (2)\t12.3\t158\t158\t0\t0\t0\t0\t0\t0\nBank overdrafts\t12.3\t203\t203\t0\t0\t0\t0\t0\t0\nOther financial liabilities\t12.3\t602\t594\t3\t1\t1\t1\t1\t0\nDerivatives (liabilities)\t12.3\t436\t17\t8\t91\t61\t4\t(130)\t0\nDerivatives (assets)\t12.3\t(573)\t(10)\t(220)\t0\t(20)\t0\t(468)\t0\nOther Comprehensive Income related to unmatured hedging instruments\t12.3\t(542)\t0\t0\t0\t0\t0\t0\t0\nGross financial debt after derivatives\t\t36397\t4194\t3633\t2584\t2588\t2187\t20589\t633\nTrade payables\t\t10246\t9429\t91\t85\t59\t129\t453\t0\nTotal financial liabilities (including derivatives assets)\t\t46643\t13623 (3)\t3725\t2669\t2647\t2316\t21042\t633\nFuture interests on financial liabilities (4)\t\t0\t2097\t1048\t919\t1021\t980\t5990\t0\n", "q10k_tbl_158": "(in millions of euros)\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017\nCollateralised Derivatives (net) (a)\t144\t(455)\t(706)\nFair value of collateralised derivatives assets\t570\t383\t233\nFair value of collateralised derivatives liabilities\t(426)\t(838)\t(939)\nAmount of cash collateral paid/(received) (b)\t(138)\t471\t674\nAmount of cash collateral paid\t123\t553\t695\nAmount of cash collateral received\t(261)\t(82)\t(21)\nResidual exposure to counterparty risk (a) + (b) (1)\t7\t16\t(32)\nNon collateralised Derivatives (net)\t(6)\t(5)\t(22)\nFair value of non collateralised derivatives assets\t3\t2\t2\nFair value of non collateralised derivatives liabilities\t(10)\t(7)\t(24)\n", "q10k_tbl_159": "(in millions of euros)\tRate decrease of 1%\tRate increase of 1%\nChange of fair value of derivatives\t(1409)\t1412\n\tRate decrease of 1%\tRate increase of 1%\nAmount of cash collateral received (paid)\t1409\t(1412)\n", "q10k_tbl_160": "(in millions of euros)\t10% loss in euro\t10% gain in euro\nChange of fair value of derivatives\t1795\t(1468)\n\t10% loss in euro\t10% gain in euro\nAmount of cash collateral received (paid)\t(1795)\t1468\n", "q10k_tbl_161": "(in millions of euros)\t\t\tDecember 31 2019\t\t\t\t\n\tNote\tClassification\tBook\tEstimated\tLevel 1\tLevel 2\tLevel 3\n\t\tunder IFRS 9 (1)\tvalue\tfair\tand\t\t\n\t\t\t\tvalue\tcash\t\t\nTrade receivables\t\tAC\t5343\t5343\t0\t5343\t0\nFinancial assets\t12.7\t\t6001\t6002\t79\t5725\t198\nEquity securities\t\tFVOCI\t277\t277\t79\t0\t198\nEquity securities\t\tFVR\t133\t134\t0\t134\t0\nInvestments at fair value\t\tFVR\t4696\t4696\t0\t4696\t0\nCash collateral paid\t\tFVR\t123\t123\t0\t123\t0\nFinancial assets at amortized cost\t\tAC\t772\t772\t0\t772\t0\nCash and Cash equivalents\t12.3\t\t6112\t6112\t6112\t0\t0\nCash\t\tAC\t2462\t2462\t2462\t0\t0\nCash equivalents\t\tFVR\t3651\t3651\t3651\t0\t0\nTrade payables\t\tAC\t(10246)\t(10246)\t0\t(10246)\t0\nFinancial liabilities\t12.3\t\t(37076)\t(42455)\t(34554)\t(7837)\t(64)\nFinancial debts\t\tAC\t(37007)\t(42386)\t(34554)\t(7811)\t(21)\nBonds at fair value\t\tFVR\t(26)\t(26)\t0\t(26)\t0\nOther\t\tFVR\t(43)\t(43)\t0\t0\t(43)\nDerivatives (net amount) (2)\t12.8\t\t138\t138\t0\t138\t0\n", "q10k_tbl_162": "(in millions of euros)\tEquity securities\tFinancial\t\n\t\tliabilities at fair\t\n\t\tvalue through\t\n\t\tprofit or loss excluding\t\n\t\tderivatives\t\nLevel 3 fair values at December 31 2018\t221\t(292)\t\nGains (losses) taken to profit or loss\t0\t(3)\t\nGains (losses) taken to other comprehensive income\t15\t0\t\nAcquisition (sale) of securities\t47\t0\t\nTransfer to one level to another\t(82) (1)\t0\t\nOther\t(2)\t231\t(2)\nLevel 3 fair values at December 31 2019\t198\t(64)\t\n", "q10k_tbl_163": "(in millions of euros)\t\t\tDecember 31 2018\t\t\t\t\n\tNote\tClassification\tBook\tEstimated\tLevel 1\tLevel 2\tLevel 3\n\t\tunder IFRS 9\tvalue\tfair value\tand cash\t\t\nTrade receivables\t\tAC\t5329\t5329\t0\t5329\t0\nFinancial assets\t12.7\t\t5057\t5057\t692\t4144\t221\nEquity securities\t\tFVOCI\t254\t254\t33\t0\t221\nEquity securities\t\tFVR\t805\t805\t659\t146\t0\nInvestments at fair value\t\tFVR\t2683\t2683\t0\t2683\t0\nCash collateral paid\t\tFVR\t553\t553\t0\t553\t0\nFinancial assets at amortized cost\t\tAC\t762\t762\t0\t762\t0\nCash and Cash equivalents\t12.3\t\t5081\t5081\t5081\t0\t0\nCash\t\tAC\t2558\t2558\t2558\t0\t0\nCash equivalents\t\tFVR\t2523\t2523\t2523\t0\t0\nTrade payables\t\tAC\t(10082)\t(10082)\t0\t(10082)\t0\nFinancial liabilities\t12.3\t\t(34019)\t(37292)\t(29012)\t(7988)\t(292)\nFinancial debts\t\tAC\t(33721)\t(36994)\t(29012)\t(7961)\t(21)\nBonds at fair value\t\tFVR\t(27)\t(27)\t0\t(27)\t0\nOther\t\tFVR\t(271)\t(271)\t0\t0\t(271)\nDerivatives (net amount)\t12.8\t\t(460)\t(460)\t0\t(460)\t0\n", "q10k_tbl_164": "\t\t\tDecember 31 2017\t\t\t\t\n(in millions of euros)\tNote\tClassifi-cation\tBook\tEstimated\tLevel 1\t\t\n\t\tunder IAS 39\tvalue\tfair value\tand cash\tLevel 2\tLevel 3\nTrade receivables\t\tL&R\t5184\t5184\t0\t5184\t0\nFinancial assets\t12.7\t\t4960\t4960\t1014\t3744\t202\nAssets available for sale\t\tAFS\t1067\t1067\t865\t0\t202\nEquity securities measured at fair value\t\tFVR\t146\t146\t0\t146\t0\nCash collateral paid\t\tL&R\t695\t695\t0\t695\t0\nInvestments at fair value\t\tFVR\t2647\t2647\t149\t2498\t0\nOther\t\tL&R\t405\t405\t0\t405\t0\nCash and cash equivalents\t12.3\t\t5333\t5333\t5333\t0\t0\nCash equivalents\t\tFVR\t3166\t3166\t3166\t0\t0\nCash\t\tL&R\t2167\t2167\t2167\t0\t0\nTrade payables\t\tLAC\t(10099)\t(10132)\t0\t(10132)\t0\nFinancial liabilities\t12.3\t\t(32475)\t(37327)\t(28332)\t(8859)\t(136)\nFinancial debt\t\t\t(32311)\t(37163)\t(28332)\t(8831)\t0\nBonds at fair value through profit or loss\t\tFVR\t(28)\t(28)\t0\t(28)\t0\nOther\t\tFVR\t(136)\t(136)\t0\t0\t(136)\nDerivatives net amount\t12.8\t\t(729)\t(729)\t0\t(729)\t0\n", "q10k_tbl_165": "Full Year\tApproved by\tDescription\tDividend\tPayout\tHow\tTotal\n\t\t\tper share\tdate\tpaid\t(in millions\n\t\t\t(in euro)\t\t\tof euros)\n2019\tBoard of Directors Meeting on July 24 2019\t2019 interim dividend\t0.30\tDecember 4 2019\tCash\t796\n\tShareholders' Meeting on May 21 2019\tBalance for 2018\t0.40\tJune 6 2019\tCash\t1061\nTotal dividends paid in 2019\t\t\t\t\t\t1857\n2018\tBoard of Directors Meeting on July 25 2018\t2018 interim dividend\t0.30\tDecember 6 2018\tCash\t796\n\tShareholders' Meeting on May 4 2018\tBalance for 2017\t0.40\tJune 7 2018\tCash\t1064\nTotal dividends paid in 2018\t\t\t\t\t\t1860\n2017\tBoard of Directors Meeting on July 26 2017\t2017 interim dividend\t0.25\tDecember 7 2017\tCash\t665\n\tShareholders' Meeting on June 1 2017\tBalance for 2016\t0.40\tJune 14 2017\tCash\t1064\nTotal dividends paid in 2017\t\t\t\t\t\t1729\n2016\tBoard of Directors Meeting on July 25 2016\t2016 interim dividend\t0.20\tDecember 7 2016\tCash\t532\n\tShareholders' Meeting on June 7 2016\tBalance for 2015\t0.40\tJune 23 2016\tCash\t1064\nTotal dividends paid in 2016\t\t\t\t\t\t1596\n", "q10k_tbl_166": "\tPaid coupons\tPaid coupons\n\t(in millions of currency)\t(in millions of euros)\n1000 MEUR issued as of February 1 2014 with a fixed-rate coupon of 4.25%\t46\t46\n1000 MEUR issued as of February 1 2014 with a fixed-rate coupon of 5.25%\t52\t52\n650 MGBP issued as of February 1 2014 with a fixed-rate coupon of 5.875%\t38\t44\n1000 MEUR issued as of October 1 2014 with a fixed-rate coupon of 4%\t31\t31\n1250 MEUR issued as of October 1 2014 with a fixed-rate coupon of 5%\t63\t63\n600 MGBP issued as of October 1 2014 with a fixed-rate coupon of 5.75% (1)\t35\t39\nTotal coupons paid to the holders in 2019\t\t276\n1000 MEUR issued as of February 1 2014 with a fixed-rate coupon of 4.25%\t42\t42\n1000 MEUR issued as of February 1 2014 with a fixed-rate coupon of 5.25%\t52\t52\n650 MGBP issued as of February 1 2014 with a fixed-rate coupon of 5.875%\t38\t44\n1000 MEUR issued as of October 1 2014 with a fixed-rate coupon of 4%\t40\t40\n1250 MEUR issued as of October 1 2014 with a fixed-rate coupon of 5%\t63\t63\n600 MGBP issued as of October 1 2014 with a fixed-rate coupon of 5.75% (1)\t35\t39\nTotal coupons paid to the holders in 2018\t\t280\n1000 MEUR issued as of February 1 2014 with a fixed-rate coupon of 4.25%\t42\t42\n1000 MEUR issued as of February 1 2014 with a fixed-rate coupon of 5.25%\t52\t52\n650 MGBP issued as of February 1 2014 with a fixed-rate coupon of 5.875%\t38\t45\n1000 MEUR issued as of October 1 2014 with a fixed-rate coupon of 4%\t40\t40\n1250 MEUR issued as of October 1 2014 with a fixed-rate coupon of 5%\t63\t63\n600 MGBP issued as of October 1 2014 with a fixed-rate coupon of 5.75% (1)\t35\t40\nTotal coupons paid to the holders in 2017\t\t282\n", "q10k_tbl_167": "(in millions of euros)\t2019\t2018\t2017\nGain (loss) recognized in other comprehensive income during the period\t90\t(6)\t(184)\nReclassification to net income for the period\t(12)\t(1)\t8\nTotal transaction adjustments for continuing operations\t78\t(7)\t(176)\nReclassification to the net income for the period\t0\t0\t0\nTotal translation adjustments for discontinued operations\t0\t0\t0\n", "q10k_tbl_168": "(in millions of euros)\tDecember 31 2019\tDecember 31 2018\tDecember 31 2017\nPolish zloty\t807\t785\t845\nEgyptian pound\t(455)\t(532)\t(545)\nSlovak koruna\t220\t220\t220\nSierra leonean leone\t(120)\t(95)\t(78)\nMoldovan leu\t(55)\t(63)\t(70)\nJordanian dinar\t69\t58\t33\nPound sterling\t14\t14\t15\nOther\t(151)\t(135)\t(161)\nTotal translation adjustments\t329\t252\t259\no/w share attributable to the owners of the parent company\t78\t15\t27\no/w share attributable to non-controlling interests\t251\t237\t232\n", "q10k_tbl_169": "(in millions of euros)\t2019\t2018\t2017\nCredit part of net income attributable to non-controlling interests (a)\t291\t271\t278\no/ w Sonatel group\t191\t188\t203\no/ w Orange Belgium group\t16\t15\t18\no/ w Côte d'Ivoire subgroup\t36\t25\t28\no/ w Jordan Telecom group\t12\t12\t15\no/ w Orange Polska group\t12\t0\t0\nDebit part of net income attributable to non-controlling interests (b)\t(71)\t(67)\t(81)\no/ w Orange Bank\t(65)\t(59)\t(33)\no/ w Orange Polska group\t0\t(2)\t(43)\nTotal part of net income attributable to non-controlling interests (a) + (b)\t220\t204\t197\nCredit part of comprehensive income attributable to non-controlling interests (a)\t300\t297\t229\no/ w Sonatel group\t181\t195\t180\no/ w Orange Belgium group\t16\t15\t18\no/ w Côte d'Ivoire subgroup\t36\t26\t25\no/ w Jordan Telecom group\t15\t20\t0\no/ w Orange Polska group\t13\t0\t0\nDebit part of comprehensive income attributable to non-controlling interests (b)\t(69)\t(84)\t(73)\no/ w Orange Bank\t(62)\t(62)\t(32)\no/ w Orange Polska group\t0\t(17)\t(17)\no/ w Jordan Telecom group\t0\t0\t(7)\nTotal part of comprehensive income attributable to non-controlling interests (a) + (b)\t232\t213\t156\n", "q10k_tbl_170": "(in millions of euros)\t2019\t2018\t2017\nDividends paid to minority shareholders\t248\t246\t234\no/ w Sonatel group\t192\t190\t185\no/ w Médi Telecom\t22\t20\t16\no/ w Orange Belgium group\t14\t14\t14\no/ w Jordan Telecom group\t13\t14\t11\n", "q10k_tbl_171": "(in millions of euros)\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017\nCredit part of equity attributable to non-controlling interests (a)\t2701\t2594\t2542\no/ w Orange Polska group\t987\t973\t988\no/ w Sonatel group\t736\t744\t731\no/ w Orange Belgium group\t275\t273\t268\no/ w Jordan Telecom group\t166\t164\t156\no/ w Médi Telecom\t148\t153\t143\nDebit part of equity attributable to non-controlling interests (b)\t(13)\t(14)\t(5)\nTotal equity attributable to non-controlling interests (a) + (b)\t2688\t2580\t2537\n", "q10k_tbl_172": "(in millions of euros)\t2019\t2018\t2017\nNet income of continuing operations\t3006\t1954\t1843\nEffect of subordinated notes\t(268)\t(293)\t(267)\nNet income attributable to the owners of the parent company - basic (adjusted)\t2738\t1661\t1576\no/w net income of continuing operations\t2738\t1661\t1547\no/w net income of discontinued operations\t0\t0\t29\nImpact of dilutive instruments:\t\t\t\nTDIRA\t12\t0\t33\nNet income attributable to the owners of the parent company - diluted\t2749\t1661\t1609\no/w net income of continuing operations\t2749\t1661\t1580\no/w net income of discontinued operations\t0\t0\t29\n", "q10k_tbl_173": "(number of shares)\t2019\t2018\t2017\nWeighted average number of ordinary shares outstanding\t2652532564\t2656683856\t2659421767\nImpact of dilutive instruments on number of ordinary shares:\t\t\t\nTDIRA\t33780544\t0\t52079350\nFree share award plan\t1662103\t1419415\t435150\nWeighted average number of shares outstanding - diluted\t2687975211\t2658103271\t2711936267\n", "q10k_tbl_174": "(in euros)\t2019\t2018\t2017\nEarning per share - basic\t1.03\t0.63\t0.59\no/w earning per share of continuing operations\t1.03\t0.63\t0.58\no/w earning per share of discontinued operations\t0\t0\t0.01\nEarning per share diluted\t1.02\t0.62\t0.59\no/w earning per share of continuing operations\t1.02\t0.62\t0.58\no/w earning per share of discontinued operations\t0\t0\t0.01\n", "q10k_tbl_175": "(in millions of euros)\tTotal\tLess than\tFrom one\tMore than\n\t\tone year\tto five years\tfive years\nOperating activities commitments\t12450\t3943\t4441\t4066\nOperating leases commitments\t730\t119\t313\t298\nHandsets purchase commitments\t395\t393\t2\t0\nTransmission capacity purchase commitments\t572\t185\t189\t198\nOther goods and services purchase commitments\t2816\t1300\t1107\t409\nInvestment commitments\t1878\t620\t820\t438\nPublic initiative networks commitments\t4928\t1114\t1855\t1959\nGuarantees granted to third parties in the ordinary course of business\t1131\t212\t155\t764\n", "q10k_tbl_176": "(in millions of euros)\tMinimum\tLess than\t1-2\t2-3\t3-4\t4-5\tMore than\n\tfuture\tone year\tyears\tyears\tyears\tyears\tfive years\n\tlease\t\t\t\t\t\t\n\tpayments\t\t\t\t\t\t\nProperty lease commitments\t692\t102\t90\t85\t63\t56\t296\n", "q10k_tbl_177": "(in millions of euros)\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017\nAssets held under finance leases\t636\t574\t528\nNon-current pledged mortgaged or receivership assets(1)\t366\t453\t107\nCollateralized current assets\t2\t21\t19\nTotal\t1004\t1048\t654\n", "q10k_tbl_178": "December 31 2019\tTotal in statement of\tAmount of asset pledged\tPercentage\n(in millions of euros)\tfinancial position (a)\tmortgaged or receivership (b)\t(b)/(a)\nIntangibles assets net (excluding goodwill)\t14788\t19\t0%\nProperty plant and equipment net\t28423\t1\t0%\nNon-current financial assets\t2466\t346\t14%\nOther (1)\t35689\t0\t0\nTotal\t81366\t366\t0%\n", "q10k_tbl_179": "(in millions of euros)\tOrange\tO/w telecom\tNote\tO/w Orange\tNote\tO/w eliminations\t\n\tconsolidated\tactivities\t\tBank\t\ttelecom\t\n\tfinancial\t\t\t\t\tactivities / bank\t\n\tstatements\t\t\t\t\t\t\nNon current loans and receivables of Orange Bank\t1259\t0\t\t1259\t16.1.1\t0\t\nNon-current financial assets\t1208\t1235\t12.7\t0\t\t(27)\t(1)\nNon-current derivatives assets\t562\t562\t12.8\t0\t16.1.3\t0\t\nCurrent financial assets related to Orange Bank activities\t3095\t0\t\t3098\t16.1.1\t(3)\t\nCurrent financial assets\t4766\t4766\t12.7\t0\t\t0\t\nCurrent derivatives assets\t12\t12\t12.8\t0\t16.1.3\t0\t\nCash and cash equivalents\t6481\t6112\t\t369\t\t0\t\nNon current debts related to Orange Bank operations\t0\t0\t\t27\t16.1.2\t(27)\t(1)\nNon-current financial liabilities\t33148\t33148\t12.3\t0\t\t0\t\nNon-current derivatives liabilities\t487\t413\t12.8\t74\t16.1.3\t0\t\nCurrent financial liabilities related to Orange Bank liabilities\t4279\t0\t\t4280\t16.1.2\t0\t\nCurrent financial liabilities\t3925\t3928\t12.3\t0\t\t(3)\t\nCurrent derivatives liabilities\t22\t22\t12.8\t0\t16.1.3\t0\t\n", "q10k_tbl_180": "(in millions of euros)\tDecember 31 2019\t\t\tDecember 31 2018\tJanuary 1 2018 (1)\t\n\tNon-current\tCurrent\tTotal\tTotal\tTotal\t\nFinancial assets at fair value through other comprehensive income that will not be reclassified to profit or loss\t2\t0\t2\t1\t0\t\nInvestments securities\t2\t0\t2\t1\t0\t\nFinancial assets at fair value through other comprehensive income that may be reclassified to profit or loss\t653\t3\t656\t925\t786\t\nDebt securities\t653\t3\t656\t925\t786\t\nFinancial assets at fair value through profit or loss\t100\t79\t179\t152\t242\t\nInvestments at fair value\t0\t79\t79\t72\t171\t\nCash collateral paid\t76\t0\t76\t57\t62\t\nOthers\t25\t0\t25\t23\t9\t\nFinancial assets at amortized cost\t504\t3016\t3519\t3614\t3857\t\nFixed-income securities\t504\t3\t506\t614\t615\t\nLoans and receivables to customers\t0\t1937\t1937\t2000\t2147\t\nLoans and receivables to credit institutions\t0\t1073\t1073\t1000\t943\t\nOthers\t0\t3\t3\t0\t152\t(2)\nTotal financial assets related to Orange Bank activities\t1259\t3098\t4357\t4692\t4885\t\n", "q10k_tbl_181": "(in millions of euros)\tDecember 31 2017\t\nAssets available for sale(1)\t795\t\nAssets held to maturity\t615\t\nFinancial assets at fair value\t233\t\nInvestments at fair value\t171\t\nCash collateral paid\t62\t\nOther financial assets\t3248\t\nLoans and receivables of Orange Bank\t3096\t\nOther\t152\t(2)\nTotal Assets related to Orange Bank's activities\t4891\t\n", "q10k_tbl_182": "(in millions of euros)\t2019\t2018\nDebt securities measured at fair value through other comprehensive income that may be reclassified to profit or loss - in the opening balance\t925\t786\nAcquisitions\t165\t487\nRepayments and disposals\t(442)\t(333)\nChanges in fair value\t9\t(8)\nOther items\t(1)\t(7)\nDebt securities measured at fair value through other comprehensive income that may be reclassified to profit or loss - in the closing balance\t656\t925\n", "q10k_tbl_183": "(in millions of euros)\t2017\nDebt securities measured at fair value through other comprehensive income that may be reclassified to profit or loss - in the opening balance\t745\nFirst integration of Orange Bank\t15\nAcquisitions\t325\nRepayments and disposals\t(301)\nChanges in fair value\t3\nOther items\t8\nDebt securities measured at fair value through other comprehensive income that may be reclassified to profit or loss - in the closing balance\t795\n", "q10k_tbl_184": "(in millions of euros)\tDecember 31\tDecember 31\tJanuary 1st\tDecember 31\n\t2019\t2018\t2018(1)\t2017\nOverdrafts\t869\t910\t1000\t1000\nHousing loans\t876\t824\t765\t765\nInvestment loans\t163\t206\t246\t246\nCurrent accounts\t17\t21\t31\t31\nOther\t12\t39\t105\t111\nTotal loans and receivables to customers\t1937\t2000\t2147\t2153\nOvernight deposits and loans\t945\t850\t830\t830\nLoans and receivables\t85\t85\t55\t55\nOther\t43\t65\t58\t58\nTotal loans and receivables to credit institutions\t1073\t1000\t943\t943\n", "q10k_tbl_185": "(in millions of euros)\tDecember 31 2019\tDecember 31 2018\tDecember 312017\nPayables to customers\t3357\t3396\t3685\nDebts with financial institutions\t448\t1103\t975\nDeposit certificate\t475\t335\t281\nOther\t28\t28\t27\nTotal Financial liabilities related to Orange Bank's activities(1)\t4307\t4862\t4968\n", "q10k_tbl_186": "(in millions of euros)\tDecember 31\tDecember 31\tDecember 31\n\t2019\t2018\t2017\nCurrent accounts\t2546\t2538\t2800\nPassbooks and special savings accounts\t781\t776\t716\nOther\t30\t82\t169\nCustomers borrowings and deposits\t3357\t3396\t3685\nTerm borrowings and advances\t448\t467\t466\nSecurities delivered under repurchase agreements\t0\t636\t509\nTotal debts with financial institution\t448\t1103\t975\n", "q10k_tbl_187": "(in millions of euros)\tNote\tDecember 31\t\t2020\t2021 to\t2025\n\t\t2019\t\t\t2024\tand beyond\nInvestments securities\t16.1.1\t2\t\t0\t0\t2\nDebt securities\t16.1.1\t656\t\t129\t485\t42\nInvestments at fair value\t16.1.1\t79\t\t76\t3\t0\nFixed-income securities\t16.1.1\t506\t\t109\t289\t108\nLoans and receivables to customers\t16.1.1\t1937\t\t491\t872\t574\nLoans and receivables to credit institutions\t16.1.1\t1073\t\t1073\t0\t0\nOther financial assets and derivatives\t\t103\t(1)\t78\t0\t25\nTotal financial assets\t\t4357\t\t1956\t1649\t751\nPayable to customers\t16.1.2\t3357\t\t3357\t0\t0\nDebts with financial institutions\t16.1.2\t448\t\t438\t8\t2\nDeposit certificate\t16.1.2\t475\t\t325\t150\t0\nOther financial liabilities and derivatives\t\t102\t(2)\t1\t61\t40\nTotal financial liabilities\t\t4381\t\t4121\t219\t42\n", "q10k_tbl_188": "(in millions of euros)\t\t\tDecember 31 2019\t\t\t\t\n\t\tClassification\tBook value\tEstimated\tLevel 1 and\tLevel 2\tLevel 3\n\t\tunder IFRS\t\tfair value\tcash\t\t\n\t\t9(1)\t\t\t\t\t\nLoans and receivables\t16.1.1\tAC\t3010\t3010\t0\t3010\t0\nFinancial assets at amortized cost\t16.1.1\tAC\t509\t501\t501\t0\t0\nFinancial assets at fair value through profit or loss\t16.1.1\tFVR\t179\t179\t179\t0\t0\nDebt securities\t16.1.1\tFVOCIR\t656\t656\t628\t28\t0\nEquity securities\t16.1.1\tFVOCI\t2\t2\t2\t0\t0\nCash and cash equivalent(2)\t16.1.1\tAC\t369\t369\t369\t0\t0\nFinancial liabilities related to Orange Bank's activities\t16.1.2\tAC\t(4307)\t(4307)\t0\t(4307)\t0\nDerivatives net amount(3)\t16.1.3\t\t(74)\t(74)\t0\t(74)\t0\n", "q10k_tbl_189": "(in millions of euros)\t\t\tDecember 31 2018\t\t\t\t\n\t\tClassification\tBook\tEstimated\tLevel 1\tLevel 2\tLevel 3\n\t\tunder IFRS 9 (1)\tvalue\tfair value\tand cash\t\t\nLoans and receivables\t16.1.1\tAC\t3000\t3000\t0\t3000\t0\nFinancial assets at amortized cost\t16.1.1\tAC\t614\t641\t605\t36\t0\nFinancial assets at fair value through profit or loss\t16.1.1\tFVR\t152\t152\t152\t0\t0\nDebt securities\t16.1.1\tFVOCIR\t925\t925\t862\t63\t0\nEquity securities\t16.1.1\tFVOCI\t1\t1\t1\t0\t0\nCash and cash equivalent (2)\t16.1.1\tAC\t553\t553\t553\t0\t0\nFinancial liabilities related to Orange\t\t\t\t\t\t\t\nBank's activities\t16.1.2\tAC\t(4862)\t(4862)\t0\t(4862)\t0\nDerivatives net amount (3)\t16.1.3\t\t(46)\t(46)\t0\t(29)\t(17)\n", "q10k_tbl_190": "(in millions of euros)\t\t\tDecember 31 2017\t\t\t\t\n\t\tClassification\tBook\tEstimated\tLevel 1\tLevel 2\tLevel 3\n\t\tunder IAS 39(1)\tvalue\tfair value\tand cash\t\t\nLoans and receivables\t16.1.1\tL&R\t3096\t3096\t0\t3096\t0\nFinancial assets excluding derivatives\t16.1.1\t\t1795\t1785\t1482\t303\t0\nAssets held to maturity\t\tHTM\t615\t605\t581\t24\t0\nAssets available for sale\t\tAFS\t795\t795\t730\t65\t0\nInvestments at fair value\t\tFVR\t171\t171\t171\t0\t0\nOther\t\tL&R\t214\t214\t0\t214\t0\nCash and cash equivalent\t\t\t477\t477\t477\t0\t0\nTrade payables\t\tLAC\t(93)\t(93)\t0\t(93)\t0\nDebts related to Orange Bank operations\t16.1.2\tLAC\t(4660)\t(4660)\t0\t(4660)\t0\nFinancial liabilities excluding derivatives\t\tLAC\t(308)\t(308)\t0\t(252)\t(56)\nDerivatives net amount (2)\t16.1.3\t\t(60)\t(60)\t0\t(73)\t13\n", "q10k_tbl_191": "(in millions of euros)\tDecember 31 2019\tDecember 31 2018\tDecember 31 2017\nFinancing commitments (1)\t421\t444\t465\nGuarantee commitments (2)\t8\t12\t17\nOn behalf of banks\t4\t8\t9\nOn behalf of customers\t4\t4\t8\nProperty lease commitments\t23\t37\t31\nTotal\t452\t493\t513\n", "q10k_tbl_192": "(in millions of euros)\tDecember 31 2019\tDecember 31 2018\tDecember 31 2017\nGuarantee commitments\t896\t834\t778\nReceived from banks (1)\t747\t681\t577\nReceived from customers\t149\t153\t201\nTotal\t896\t834\t778\n", "q10k_tbl_193": "(in millions of euros)\tDecember 31 2019\tDecember 31 2018\tDecember 31 2017\nAssets pledged as security to lending financial institutions as guarantees for bank loans\t1126\t715\t838\nTotal\t1126\t715\t838\n", "q10k_tbl_194": "Company\t\tCountry\nOrange SA\tParent company\tFrance\nMain consolidated entities\t\t\nFrance\t% Interest\tCountry\nOrange SA - Business Unit France\t100.00\tFrance\nOrange Caraïbe\t100.00\tFrance\nGénérale de Téléphone\t100.00\tFrance\nSpain\t% Interest\tCountry\nOrange Spain and its subsidiaries\t100.00\tSpain\nEuropean\t% Interest\tCountry\nOrange Belgium\t52.91\tBelgium\nOrange Communications Luxembourg\t52.91\tLuxembourg\nOrange Moldova\t94.41\tMoldova\nOrange Polska and its subsidiaries\t50.67\tPoland\nOrange Romania\t99.20\tRomania\nOrange Slovensko\t100.00\tSlovakia\nAfrica & Middle-East\t% Interest\tCountry\nOrange Burkina Faso\t85.81\tBurkina Faso\nOrange Cameroon\t94.40\tCameroon\nOrange RDC\t100.00\tCongo\nOrange Côte d'Ivoire\t72.52\tIvory Coast\nOrange Egypt for Telecommunications and its subsidiaries\t99.96\tEgypt\nOrange Guinée (1)\t37.64\tGuinea\nOrange Bissau (1)\t38.10\tGuinea-Bissau\nJordan Telecom and its subsidiaries\t51.00\tJordan\nOrange Mali (1)\t29.65\tMali\nMédi Telecom\t49.00\tMorocco\nSonatel (1)\t42.33\tSenegal\nSonatel Mobile (1)\t42.33\tSenegal\nEnterprise\t% Interest\tCountry\nOrange SA - Business Unit Entreprise\t100.00\tFrance\nGlobecast Holding and its subsidiaries\t100.00\tFrance\nOrange Business Services SA and its subsidiaries\t100.00\tFrance\nBusiness & Decision and its subsidiaries\t93.62\tFrance\nBasefarm and its subsidiaries\t100.00\tNorway\nOrange Business Services Participations and its subsidiaries\t100.00\tUnited Kingdom\nSecureData and its subsidiaries\t100.00\tUnited Kingdom\nSecureLink and its subsidiaries\t100.00\tNetherlands\nInternational Carriers & Shared Services\t% Interest\tCountry\nOrange SA - Business Unit IC&SS\t100.00\tFrance\nFT IMMO H\t100.00\tFrance\nOrange Marine\t100.00\tFrance\nOrange Studio\t100.00\tFrance\nOCS\t66.67\tFrance\nOrange Brand Services\t100.00\tUnited Kingdom\nOrange Bank\t% Interest\tCountry\nOrange Bank\t65.00\tFrance\n", "q10k_tbl_195": "(in millions of euros)\tAudit and related services\t\t\t\t\tOther services\tTotal\n\tStatutory audit fees certification\t\tServices required\t\tSub-total\trendered by\t\n\tauditing of the accounts\t\tby the law\t\t\tauditors' networks to\t\n\to/w issuer\t\to/w issuer\t\t\tfully-consolidated\t\nEY\t\t\t\t\t\tsubsidiaries\t\n2019\t10.2\t5.1\t0.3\t0\t10.5\t0.4\t10.8\n%%\t94\t48%\t3%\t0\t97%\t3%\t100%\n2018\t10.6\t5.4\t0.3\t0\t10.8\t0.4\t11.3\n%%\t94\t48%\t2%\t0%\t96%\t4%\t100%\n2017\t11.6\t7.1\t0.0\t0.0\t11.6\t0.6\t12.2\n%%\t95\t58%\t0%\t0%\t95%\t5%\t100%\nKPMG\t\t\t\t\t\t\t\n2019\t9.8\t5.1\t0.4\t0.2\t10.2\t0.1\t10.3\n%%\t95\t49%\t4%\t2%\t99%\t1%\t100%\n2018\t10.9\t6.3\t0.5\t0.3\t11.4\t0.1\t11.5\n%%\t95\t55%\t4%\t2%\t99%\t1%\t100%\n2017\t11.4\t6.9\t0.3\t0.2\t11.7\t0.1\t11.8\n%%\t97\t58%\t3%\t2%\t99%\t1%\t100%\n"}{"bs": "q10k_tbl_31", "is": "q10k_tbl_2", "cf": "q10k_tbl_48"}None