NOTE 18 Main consolidated entities
At December 31, 2017, the scope of consolidation consisted of 372 entities.
The main changes in the scope of consolidation in 2017 are set out in Note 3.
As regards subsidiaries with minority interests:
■ Orange Polska’s financial data are presented in Note 1; and since Orange Polska is a publicly traded company, its financial statements are reported to the Warsaw Stock Exchange;
■ financial statements for the Sonatel Group, Jordan Telecom Group, Orange Belgium and Orange Egypt for Telecommunications are respectively published with the Regional Stock Exchange (BRVM), Amman Stock Exchange, Brussels Stock Exchange and Cairo Stock Exchange, those companies being quoted;
■ the others subsidiaries are not significant compared to Orange’s financial data. Consequently, financial information is not presented for these subsidiaries in the notes to Orange’s consolidated financial statements.
Pursuant to ANC Regulation No. 2016-09 of December 2, 2016 the complete list of the companies included in the scope of consolidation, the companies left out of the scope of consolidation and the non-consolidated equity investments, is available on the Group’s website (www.orange.com section Investors/Regulated information).
The list of the principal operating entities shown below was primarily determined based on their contributions to the following financial indicators: revenue and reported EBITDA.
Company |
Country |
|
Orange SA |
Parent company |
France |
Main consolidated entities |
||
France |
% Interest |
Country |
Orange SA - Business Unit France |
100.00 |
France |
Orange Caraïbe |
100.00 |
France |
Générale de Téléphone |
100.00 |
France |
Spain |
% Interest |
Country |
Orange Espagne and its subsidiaries |
100.00 |
Spain |
Poland |
% Interest |
Country |
Orange Polska and its subsidiaries |
50.67 |
Poland |
Belgium and Luxembourg |
% Interest |
Country |
Orange Belgium |
52.91 |
Belgium |
Orange Communications Luxembourg |
52.91 |
Luxembourg |
Central European countries |
% Interest |
Country |
Orange Moldova |
94.42 |
Moldova |
Orange Romania |
99.20 |
Romania |
Orange Slovensko |
100.00 |
Slovakia |
Africa & Middle-East |
% Interest |
Country |
Airtel Burkina Faso |
86.44 |
Burkina Faso |
Jordan Telecom et ses filiales |
51.00 |
Jordan |
Médi Telecom |
49.00 |
Morocco |
Orange Bissau (1) |
38.10 |
Guinea-Bissau |
Orange Cameroon |
94.40 |
Cameroon |
Orange Côte d'Ivoire |
72.87 |
Côte d’Ivoire |
Orange Egypt for Telecommunications and its subsidiaries |
98.92 |
Egypt |
Orange Guinée (1) |
38.17 |
Guinea |
Orange Mali (1) |
29.65 |
Mali |
Orange RDC |
100.00 |
Democratic Republic of the Congo |
Sonatel (1) |
42.33 |
Senegal |
Sonatel Mobiles (1) |
42.33 |
Senegal |
Enterprise |
% Interest |
Country |
Orange SA - Business Unit Entreprise |
100.00 |
France |
GlobeCast Holding and its subsidiaries |
100.00 |
France |
Network Related Services and its subsidiaries |
100.00 |
France |
Orange Business Services Participations and its subsidiaries |
100.00 |
United Kingdom |
International Carriers & Shared Services |
% Interest |
Country |
Orange SA - Business Unit OI&SP |
100.00 |
France |
FT IMMO H and its subsidiaries |
100.00 |
France |
Orange Marine and its subsidiaries |
100.00 |
France |
Orange Studio and its subsidiaries |
100.00 |
France |
OCS |
66.67 |
France |
Orange Brand Services |
100.00 |
United Kingdom |
Orange Bank |
% Interest |
Country |
Orange Bank |
65.00 |
France |
(1) Orange SA controls Sonatel and its subsidiaries, which are fully consolidated, under the terms of the shareholders' agreement as supplemented by the Strategic Committee Charter dated July 13, 2005. Orange SA owns and controls 100% of Orange MEA, which owns and controls 42.33% of Sonatel Group. |