Comptes consolidés au 31122006 Projet en cours d 'audit

Carine.Tallendeau

Sujets

• compta

Informations

• Publié par: Zewyor
• Nombre de lectures: 36
• Langue: English

Extrait

Veolia Environnement Consolidated financial statements 12/31/2006 22/03/2007 1/130

Consolidated Financial Statements
For the year ended December 31, 2006
Draft under audit process
Contents
CONSOLIDATED BALANCE SHEET...............................................................................................................................................5
CONSOLIDATED INCOME STATEMENT......................................................................................................................................6
CONSOLIDATED CASH FLOW STATEMENT ..............................................................................................................................7
STATEMENT OF RECOGNIZED INCOME AND EXPENSES .....................................................................................................8
1 ACCOUNTING PRINCIPLES AND METHODS.....................................................................................................................9
1.1 BASIS OF PREPARATION AS OF DECEMBER 31, 2006...............................................................................................................9
1.2 PRINCIPLES OF CONSOLIDATION ............................................................................................................................................9
1.3 TRANSLATION OF FOREIGN SUBSIDIARIES' FINANCIAL STATEMENTS (IAS 21)....................................................................10
1.4 FOREIGN CURRENCY TRANSACTIONS (IAS 21 – IAS 39)......................................................................................................10
1.5 PROPERTY, PLANT AND EQUIPMENT (IAS 16 AND IAS 17)...................................................................................................11
1.6 GOVERNMENT GRANTS (IAS 20)..........................................................................................................................................11
1.6.1 Investment grants for property, plant and equipment.....................................................................................................11
1.6.2 Grants relating to concession contracts.........................................................................................................................11
1.6.3 Operating grants ............................................................................................................................................................11
1.7 INTANGIBLE ASSETS EXCLUDING GOODWILL (IAS 38).........................................................................................................12
1.8 BUSINESS COMBINATIONS AND GOODWILL (IFRS 3)...........................................................................................................12
1.9 ASSET IMPAIRMENT (IAS 36)...................12
1.10 INVENTORIES (IAS 2)...........................................................................................................................................................12
1.11 ASSETS AND LIABILITIES OF DISCONTINUED OPERATIONS (IFRS 5) .....................................................................................12
1.12 PROVISIONS (IAS 37)...............................12
1.13 FINANCIAL INSTRUMENTS (IAS 32 AND IAS 39)..................................................................................................................13
1.14 PENSION PLANS AND OTHER POST-EMPLOYMENT BENEFITS (IAS 19)...................................................................................15
1.15 SHARE-BASED PAYMENTS (IFRS 2)........15
1.16 REVENUE (IAS 18)...............................................................................................................................................................16
1.16.1 Sales of goods ............................................................................................................................................................16
1.16.2 Sales of services..............................................................................................................16
1.16.3 Construction contracts (excluding concession contracts) .........................................................................................16
1.16.4 IFRIC 4 Contracts.......................................16
1.16.5 Concession contracts (IFRIC 12) ..............................................................................................................................17
1.17 FINANCIAL ITEMS IN THE INCOME STATEMENT....................................................................................................................17
1.18 INCOME TAXES (IAS 12)..........................17
1.19 CONCESSION CONTRACTS (IFRIC 12) ..................................................................................................................................17
1.19.1 “Financial asset model”............................................................................................................................................17
1.19.2 “Intangible asset model”.......................................................................................................18
1.19.3 “Mixed (or bifurcation) model” ................................................................................................................................18
1.20 CONTRACTS FALLING WITHIN THE SCOPE OF IFRIC 4...........................................................................................18
1.21 CONSTRUCTION CONTRACTS (IAS 11).....19
1.22 ELECTRICITY PURCHASE AND SALE CONTRACTS ..................................................................................................................19
1.23 CO EMISSION ALLOWANCES ...............................................................................................................................................20 2
1.24 SEGMENT REPORTING (IAS 14)............................................................................................................................20
1.25 STANDARDS AND INTERPRETATIONS NOT ADOPTED EARLY, OTHER THAN THOSE DETAILED IN NOTE 1.19 ..........................20
2 USE OF MANAGEMENT ESTIMATES IN THE APPLICATION OF GROUP ACCOUNTING STANDARDS..........21
3 SIGNIFICANT EVENTS...........................................................................................................................................................21 Veolia Environnement Consolidated financial statements 12/31/2006 22/03/2007 2/130
4 GOODWILL ...............................................................................................................................................................................22
5 CONCESSION INTANGIBLE ASSETS..................................................................................................................................24
6 OTHER INTANGIBLE ASSETS..............................................................................................................................................25
7 PROPERTY, PLANT AND EQUIPMENT..............................................................................................................................26
8 INVESTMENTS IN ASSOCIATES..........................................................................................................................................28
9 NON-CONSOLIDATED INVESTMENTS...........................30
10 NON-CURRENT AND CURRENT OPERATING FINANCIAL ASSETS..........................................................................32
11 OTHER NON-CURRENT FINANCIAL ASSETS..................................................................................................................33
12 DEFERRED TAX ASSETS AND LIABILITIES ....................................................................................................................35
13 WORKING CAPITAL...............................................................................................................................................................36
14 OTHER SHORT-TERM LOANS.............................................................................................................................................38
15 MARKETABLE SECURITIES ................................................................................................................................................39
16 CASH AND CASH EQUIVALENTS........................................................................................................................................39
17 EQUITY ......................................................................................................................................................................................41
17.1 EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT .............................................................................................43
17.1.1 Share capital: ............................................................................................................................................................43
17.1.2 Offset of treasury shares against equity: ...................................................................................................................43
17.1.3 Share options:43
17.1.4 Appropriation of net income and dividend distribution:............................................................................................43
17.1.5 Foreign exchange translation reserves: ....................................................................................................................43
17