Inventory Accounting Policy
Broadcasting rights and equipment inventories
Network maintenance equipment and equipment to be sold to customers are stated at the lower of cost or net realizable value, taking into account expected revenues from the sale of packages comprising a mobile handset and a subscription. Cost corresponds to purchase or production cost determined by the weighted average cost method.
Film or sports broadcasting rights are recognized in the statement of financial position when they are available for exhibition and expensed when broadcast.
Source: France Telecom, Annual Report
Inventory Disclosure
You have visited 10 password protected pages for free. Others contain data covered by 
.
Sign Up Now to get full access to whole website and cut out all advertisements.
France Telecom, Statement of Financial Position, Inventory
USD $ in millions, translated from EUR €
Source: Based on data from France Telecom Annual Reports
| Item |
Description |
The company |
| Broadcasting rights and equipment inventories, net book value |
Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer). |
France Telecom's broadcasting rights and equipment inventories, net book value increased from 2009 to 2010 but then declined significantly from 2010 to 2011.
|
