DOCSLIB.ORG

Eutelsat S.A. Group CONSOLIDATED FINANCIAL STATEMENTS AS of 30 June 2018

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Eutelsat S.A. Group CONSOLIDATED FINANCIAL STATEMENTS AS of 30 June 2018 Eutelsat S.A. Group “Société anonyme” with a capital of 658,555,372.80 euros Registered office: 70, rue Balard 75015 Paris 481 043 040 R.C.S. Paris CONSOLIDATED FINANCIAL STATEMENTS AS OF 30 June 2018 Eutelsat S.A. 1 NOTE.1 KEY EVENTS DURING THE FINANCIAL PERIOD ..................................................... 9 NOTE.2 GENERAL OVERVIEW .................................................................................................... 9 NOTE.3 BASIS OF PREPARATION OF FINANCIAL INFORMATION ..................................... 9 NOTE.4 SIGNIFICANT ACCOUNTING POLICIES .................................................................... 11 NOTE.5 GOODWILL AND OTHER INTANGIBLES .................................................................. 19 NOTE.6 SATELLITES, OTHER PROPERTY AND EQUIPMENT AND CONSTRUCTION IN PROGRESS ........................................................................................................................................... 20 NOTE.7 INVESTMENTS IN ASSOCIATES ................................................................................. 21 NOTE.8 ASSETS HELD FOR SALE ............................................................................................. 21 NOTE.9 NON-CURRENT FINANCIAL ASSETS ........................................................................ 21 NOTE.10 INVENTORIES ................................................................................................................ 21 NOTE.11 ACCOUNTS RECEIVABLE ........................................................................................... 22 NOTE.12 OTHER CURRENT ASSETS .......................................................................................... 23 NOTE.13 CURRENT FINANCIAL ASSETS .................................................................................. 23 NOTE.14 CASH AND CASH EQUIVALENTS .............................................................................. 23 NOTE.15 FINANCIAL ASSETS ...................................................................................................... 24 NOTE.16 SHAREHOLDERS' EQUITY ........................................................................................... 26 NOTE.17 FINANCIAL DEBT .......................................................................................................... 29 NOTE.18 OTHER FINANCIAL LIABILITIES ............................................................................... 30 NOTE.19 FINANCIAL LIABILITIES ............................................................................................. 31 NOTE.20 OPERATING AND FINANCE LEASES ........................................................................ 32 NOTE.21 OTHER PAYABLES AND DEFERRED REVENUES ................................................... 33 NOTE.22 INCOME TAX .................................................................................................................. 33 NOTE.23 PROVISIONS ................................................................................................................... 36 NOTE.24 SEGMENT INFORMATION AND PERFORMANCE INDICATORS ......................... 39 NOTE.25 FINANCIAL RESULT ..................................................................................................... 42 NOTE.26 EARNINGS PER SHARE ................................................................................................ 42 NOTE.27 DERIVATIVE FINANCIAL INSTRUMENTS ............................................................... 42 NOTE.28 PURCHASE COMMITMENTS ....................................................................................... 45 NOTE.29 LITIGATION AND CONTINGENT LIABILITIES ........................................................ 46 NOTE.30 RELATED-PARTY TRANSACTIONS ........................................................................... 47 NOTE.31 STAFF COSTS ................................................................................................................. 48 NOTE.32 SCOPE OF CONSOLIDATION ....................................................................................... 49 NOTE.33 SUBSEQUENT EVENTS ................................................................................................ 50 NOTE.34 STATUTORY AUDITORS’ FEES .................................................................................. 50 Eutelsat S.A. 2 CONSOLIDATED BALANCE SHEET (1) (in millions of euros) Note 30 June 2017 30 June 2018 ASSETS Non-current assets Goodwill 5 343.0 389.7 Intangible assets 5 317.2 312.7 Satellites and other property and equipment 6 4,134.0 3,942.3 Construction in progress 6 759.9 819.4 Investments in associates 7 (0.4) 4.3 Non-current financial assets 9, 15 21.0 15.2 Deferred tax assets 22 4.7 4.5 Total non-current assets 5,579.4 5,488.2 Current assets Inventories 10 3.0 2.1 Accounts receivable 11 345.4 330.3 Other current assets 12 46.3 35.5 Current tax receivable 4.5 4.5 Current financial assets 13, 15 29.7 16.9 Cash and cash equivalents 14 406.0 704.6 Total current assets 834.9 1,093.9 Assets held for sale 8 300.7 - Total assets 6,715.0 6,582.1 (1) Comparative financial statements have been restated for the items shown in Note 3.6."Periods presented and comparatives". Eutelsat S.A. 3 (1) (in millions of euros) Note 30 June 2017 30 June 2018 LIABILITIES AND SHAREHOLDERS' EQUITY Shareholders' equity Share capital 16 658.6 658.6 Additional paid-in capital 8.0 8.0 Reserves and retained earnings 1,432.2 1,374.1 Non-controlling interests 117.9 96.3 Total shareholders' equity 2,216.7 2,136.9 Non-current liabilities Non-current financial debt 17, 19 2,879.3 2,068.4 Other non-current financial liabilities 18, 19 798.1 695.8 Non-current payables to fixed assets' suppliers 27.3 18.0 Non-current deferred revenues 21.1 119.3 101.3 Non-current provisions 23 97.3 107.1 Deferred tax liabilities 22 187.8 167.8 Total non-current liabilities 4,109.0 3,158.4 Current liabilities Current financial debt 17, 19 60.7 860.6 Other current financial liabilities 18, 19 67.6 150.8 Accounts payable 19 52.7 54.7 Current payables to fixed assets' suppliers 40.1 44.7 Taxes payable 2.1 7.9 Other current payables and deferred revenues 21.2 130.7 137.6 Current provisions 23 35.5 30.5 Total current liabilities 389.3 1,286.8 Total liabilities and shareholders' equity 6,715.0 6,582.1 (1) Comparative financial statements have been restated for the items shown in Note 3.6."Periods presented and comparatives". Eutelsat S.A. 4 CONSOLIDATED INCOME STATEMENT (in millions of euros, except per share data) Note 30 June 2017 30 June 2018 Revenues from operations 24.2 1,481.3 1,410.6 Operating costs (98.9) (96.8) ) Selling, general and administrative expenses (239.9) (229.8) Depreciation and amortisation 5, 6 (488.4) (461.5) (1) Other operating income 31.1 - (2) Other operating expenses (17.1) (18.5) Operating income 668.1 604.1 Cost of debt (121.6) (91.0) Financial income 1.5 1.2 Other financial items (4.4) (13.3) Financial result 25 (124.5) (103.1) Income from associates 7 (0.4) (2.2) Net income before tax 543.2 498.7 Income tax expense 22 (144.8) (186.1) Net income 398.4 312.6 Attributable to the Group 400.8 315.5 Attributable to non-controlling interests (2.5) (2.8) (3) 26 0.396 0.311 Basic and diluted earnings per share attributable to Eutelsat S.A. shareholders (1) The other operating income is mainly related to proceeds from the disposal of the entities Wins and DHI during the year ended 30 June 2017 (see Note 3.7 – Changes in scope of consolidation). (2) Other operating expenses mainly include scrapped assets and provisions as of 30 June 2017 and 30 June 2018, as well as a 7.7 million euro expense for pre-existing relationships with Noorsat as of 30 June 2018. (3) There are no dilutive instruments as of 30 June 2017 and 30 June 2018. Eutelsat S.A. 5 COMPREHENSIVE INCOME STATEMENT 30 June 2017 (1) (in millions of euros) Note 30 June 2018 Net income 398.4 312.6 Other recyclable items of gain or loss on comprehensive income Translation adjustment 16.5 (35.9) (26.5) Tax effect 16.5 (4.9) (4.9) Changes in fair value of hedging instruments (2) 16.4 46.9 (33.6) Tax effect 22.2 (16.1) 11.4 Other non-recyclable items of gain or loss on comprehensive income Changes in post-employment benefits 23.4 (2.0) Tax effect 22.2 (11.5) (1.2) Total of other items of gain or loss on comprehensive income 1.7 (56.8) Total comprehensive income 400.1 255.8 Attributable to the Group 402.6 258.7 Attributable to non-controlling interests (2.5) (2.7) (1) Comparative financial statements have been restated for the items shown in Note 3.6."Periods presented and comparatives". (2) Covers only cash-flow hedges. Net foreign investment hegdes are recorded as translation adjustments. Eutelsat S.A. 6 CONSOLIDATED STATEMENT OF CASH FLOWS (in millions of euros) Note 30 June 2017 30 June 2018 CASH FLOW FROM OPERATING ACTIVITIES Net income 398.4 312.6 Income from associates 7 0.4 2.2 Tax and interest expense, other operating items 258.9 301.0 Depreciation, amortisation and provisions 504.0 484.9 Deferred taxes 22.1 (18.0) (14.2) Changes in accounts receivable 53.2 (35.0) Changes in other assets 0.8 5.8 Changes in accounts payable (3.6) 5.8 Changes in other debt (62.8) (12.1) Taxes paid (165.5) (185.2) Net cash flows from operating activities 965.7 865.9 CASH FLOWS FROM INVESTING ACTIVITIES Acquisitions of satellites, other property and equipment and intangible assets 5, 6 (393.0) (298.8) Acquisition of subsidiaries 3.7 - (61.4) Sale of entities 36.7 302.0 Dividends received from associates and other items 7 4.5 (5.2) Net
Load more

Recommended publications
  • ミルスペース 121214------[What’S New in Virtual Library?]
    - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -ミルスペース 121214- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - [What’s New in Virtual Library?] McGrawHill AW&ST Aviation Week 1212SF_Contents.pdf, Cover.jpg 121119AWST_Contents.pdf, Cover.jpg Military Technology NASA MSFC MarshallStar 1211MT_Contents.pdf, Cover.jpg 121128MarshallStar_Cover.jpg CNES CNES Mag 121121MarshallStar_Cover.jpg 1210cnesmag_No.55_Contents.pdf, Cover.jpg NASA KSC SpaceportNews JAXA ISAS News 121130nasa_KSC_SpaceportNews_8pages.pdf, Cover.jpg 1211ISAS_News_380_12pages.pdf, Cover.jpg AIAA Aerospace America JAXA JAXAs 1210AeroAme_Contents.pdf, Cover.jpg 1211jaxas047_20pages.pdf, Cover.jpg 1209AeroAme_Contents.pdf, Cover.jpg JAXA 空と宙 1207&08AeroAme_Contents.pdf, Cove.jpg 1211&12Sora-To-Sora_050_8pages.pdf, Cover.jpg TIROS Space Info NICT NICT News 1212TIROS_Space_Info_10pages.pdf, Cover.jpg 1211NICT_News_Cover.jpg BIS Space Flight [What’s New in Reaｌ Library?] Aviation Week 12.11.19 号、12.12..03 号、ナショ・ジェオ日本語版 2012.12 号、スパイキャッチャー（ピーターライト、久保田 訳, 1987）、America’s Space Sentinels(JefereyT. Richelson, 2012.11), 宇宙時代の防衛(永野茂門, 1986.03)、日本のインテリジェンス機関(大森義夫, 2005.08)収蔵 - - - - - - - - - - - - - - - - - - -Futron 12.12 - - - - - - - - - - - - - - - - - - - - - - - - 1 2012 Orbital Launches by Launch Vehicle Family 2012 Orbital Commercial Launches Manufacturer Market Share of Satellites Launched Through November 30, 2012 Selected Satellites with Regulatory Activity During November 2012 Satellite Location Activity DIRECTV 76 WL DIRECTV applied to launch and operate a Ku-band satellite at 76 WL, DIRECTV Ku-76W, to provide Ku-76W DTH, including HD video programming services , in Mexico. Intelsat 5 294.55 WL Intelsat applied to relocate Intelsat 5 from 191 WL (169 EL) to 294.55 WL (65.45 EL), where it will operate in the C- and Ku-bands. Intelsat 5 is expected to be on-station at 294.55 WL (65.45 EL) in late May 2013.
    [Show full text]
  • Eutelsat S.A. €800,000,000 2.000 Per Cent Bonds Due 2 October 2025 Issue Price: 99.400 Per Cent
    EUTELSAT S.A. €800,000,000 2.000 PER CENT BONDS DUE 2 OCTOBER 2025 ISSUE PRICE: 99.400 PER CENT The €800,000,000 aggregate principal amount 2.000 per cent. bonds due 2 October 2025 (the Bonds , and each a Bond ) of Eutelsat S.A. (the Issuer ) will be issued on 2 October 2018 (the Bond Issue ). Each Bond will bear interest on its principal amount at a fixed rate of 2.000 per cent. per annum from (and including) 2 October 2018 (the Issue Date ) to (but excluding) 2 October 2025, payable in Euro annually in arrears on 2 October of each year and commencing on 2 October 2019, as further described in "Terms and Conditions of the Bonds – Interest". Unless previously redeemed or purchased and cancelled in accordance with their terms and conditions, the Bonds will be redeemed at their principal amount on 2 October 2025 (the Maturity Date ). The Issuer may, at its option, and in certain circumstances shall, redeem all (but not part) of the Bonds at par plus any accrued and unpaid interest upon the occurrence of certain tax changes as further described in "Terms and Conditions of the Bonds – Redemption and Purchase – Redemption for tax reasons". The Bonds may also be redeemed (i) at the option of the Issuer, in whole or in part, at any time, prior to the Maturity Date, as further described in "Terms and Conditions of the Bonds — Redemption and Purchase — Make Whole Redemption by the Issuer", (ii) at any time prior to the Maturity Date, in whole (but not in part), at par plus accrued interest, if eighty (80) per cent.
    [Show full text]
  • Classification of Geosynchronous Objects
    esoc European Space Operations Centre Robert-Bosch-Strasse 5 D-64293 Darmstadt Germany T +49 (0)6151 900 www.esa.int CLASSIFICATION OF GEOSYNCHRONOUS OBJECTS Produced with the DISCOS Database Prepared by T. Flohrer & S. Frey Reference GEN-DB-LOG-00195-OPS-GR Issue 18 Revision 0 Date of Issue 3 June 2016 Status ISSUED Document Type TN European Space Agency Agence spatiale europeenne´ Abstract This is a status report on geosynchronous objects as of 1 January 2016. Based on orbital data in ESA’s DISCOS database and on orbital data provided by KIAM the situation near the geostationary ring is analysed. From 1434 objects for which orbital data are available (of which 2 are outdated, i.e. the last available state dates back to 180 or more days before the reference date), 471 are actively controlled, 747 are drifting above, below or through GEO, 190 are in a libration orbit and 15 are in a highly inclined orbit. For 11 objects the status could not be determined. Furthermore, there are 50 uncontrolled objects without orbital data (of which 44 have not been cata- logued). Thus the total number of known objects in the geostationary region is 1484. In issue 18 the previously used definition of ”near the geostationary ring” has been slightly adapted. If you detect any error or if you have any comment or question please contact: Tim Flohrer, PhD European Space Agency European Space Operations Center Space Debris Office (OPS-GR) Robert-Bosch-Str. 5 64293 Darmstadt, Germany Tel.: +49-6151-903058 E-mail: tim.fl[email protected] Page 1 / 178 European Space Agency CLASSIFICATION OF GEOSYNCHRONOUS OBJECTS Agence spatiale europeenne´ Date 3 June 2016 Issue 18 Rev 0 Table of contents 1 Introduction 3 2 Sources 4 2.1 USSTRATCOM Two-Line Elements (TLEs) .
    [Show full text]
  • Space Activities 2018
    Space Activities in 2018 Jonathan McDowell [email protected] 2019 Feb 20 Rev 1.4 Preface In this paper I present some statistics characterizing astronautical activity in calendar year 2018. In the 2014 edition of this review, I described my methodological approach and some issues of definitional ambguity; that discussion is not repeated here, and it is assumed that the reader has consulted the earlier document, available at http://planet4589.org/space/papers/space14.pdf (This paper may be found as space18.pdf at the same location). Orbital Launch Attempts During 2018 there were 114 orbital launch attempts, with 112 reaching orbit. Table 1: Orbital Launch Attempts 2009-2013 2014 2015 2016 2017 2018 Average USA 19.0 24 20 22 30 31 Russia 30.2 32 26 17 19 17 China 14.8 16 19 22 18 39 Europe 11 12 11 11 11 Japan 4 4 4 7 6 India 4 5 7 5 7 Israel 1 0 1 0 0 N Korea 0 0 1 0 0 S Korea 0 0 0 0 0 Iran 0 1 0 1 0 New Zealand 0 0 0 0 3 Other 9 10 13 13 16 Total 79.0 92 87 85 91 114 The Arianespace-managed Soyuz launches from French Guiana are counted as European. Electron is licensed in the USA but launched from New Zealand territory. However, in late 2018 New Zealand registered the upper stages from the Jan 2018 Electron launch with the UN. Based on this, in rev 1.4 of this document I am changing Electron to count as a New Zealand launch vehicle.
    [Show full text]
  • Seite 1 Von 23 Norbert's Homepage
    Norbert's Homepage - 322/2014 Seite 1 von 23 Die Wochenübersicht Nr. 22//2014, vom Mittwoch, den 01. Oktober 2014, nach christlicher Zeitrechnung Autor: Norbert Schlammer Neuigkeiten: Measat 3B, 91,5 Grad Ost: Am 11. September, um 22.05 UTC, brachte eine Ariane 5 Trägerrakete mit Flug V218, von Kourou in Französisch Guyana, Measat 3B und Optus 10, erfolgreich in die geostationäre Umlaufbahn. Measat 3B mit 48 Ku-Band Transpondern an Bord geht auf 91,5 Grad Ost und wird dort mit Measat 3 und 3a, kopositioniert. Optus 10 mit 13 Ku-Band Transpondern, geht 164 Grad Ost. Beide Sat-Positionen sind in Deutschland nicht zu empfangen. Yamal 300K, 90 Grad Ost: Das Rusat Digitalpaket auf dem Northern 1 Beam, auf 10,972 GHz, h, mit 11,200 und 5/6, in MPEG - 4/HD DVB S-2 8PSK, enthält jetzt sechs TV und 12 Radios, alle TV-Kanäle und sieben Radios unverschlüsselt. Neu ist Sahar 1, Pid's 47/46. Intelsat 15, 85,2 Grad Ost: Im Romantis Digitalpaket auf dem Westrusslandbeam, auf 12,525 GHz, v, mit 12,930 und 5/6, in MPEG-2 DVB S-2 8PSK, sind nur noch ein TV und ein Radio unverschlüsselt zu empfangen. TiJi, Pid's 611/2701, codiert in Irdeto 2. Horions-2, 84,9 Grad Ost: Neu ist im Orion Express HD Digitalpaket, auf dem Westrusslandbeam, auf 11,760 GHz, h, mit 28,800 und 3/4, in MPEG-4/HD DVB S-2 8PSK, Katun TV, Pid's 3302/4302, wie weitere 10 TV-Programme, in Conax und Irdeto 3 verschlüsselt.
    [Show full text]
  • Classification of Geosynchrono
    ESA UNCLASSIFIED - Limited Distribution ! esoc European Space Operations Centre Robert-Bosch-Strasse 5 D-64293 Darmstadt Germany T +49 (0)6151 900 F +31 (0)6151 90495 www.esa.int TECHNICAL NOTE Classification of Geosynchronous objects. Prepared by ESA Space Debris Office Reference GEN-DB-LOG-00270-OPS-SD Issue/Revision 21.0 Date of Issue 19 July 2019 Status Issued ESA UNCLASSIFIED - Limited Distribution ! Page 2/234 Classification of Geosynchronous objects. Issue Date 19 July 2019 Ref GEN-DB-LOG-00270-OPS-SD ESA UNCLASSIFIED - Limited Distribution ! Abstract This is a status report on (near) geosynchronous objects as of 1 January 2019. Based on orbital data in ESA’s DISCOS database and on orbital data provided by KIAM the situation near the geostationary ring is analysed. From 1578 objects for which orbital data are available (of which 14 are outdated, i.e. the last available state dates back to 180 or more days before the reference date), 529 are actively controlled, 831 are drifting above, below or through GEO, 195 are in a libration orbit and 21 are in a highly inclined orbit. For 2 object the status could not be determined. Furthermore, there are 60 uncontrolled objects without orbital data (of which 55 have not been catalogued). Thus the total number of known objects in the geostationary region is 1638. Finally, there are 130 rocket bodies crossing GEO. If you detect any error or if you have any comment or question please contact: Stijn Lemmens European Space Agency European Space Operations Center Space Debris Office (OPS-GR) Robert-Bosch-Str.
    [Show full text]
  • Facts & Figures
    Facts & Figures C P OL OUR OFFICES AND TELEPORTS L ARIS ONDON OGNE TURIN W R W MAL OME O CA RAMBOUILLET ARSA GLIARI T A W MOSC ANBUL IST MADRID MADEIRA BEIJING WASHINGT ON DC HERMOSILL TAMPA O MIAMI DUBAI MEXICO CITY SING APORE O ANEIR RIO DE J JOHANNESBURG EUTELSAT IN THE WORLD Eutelsat offices Eutelsat teleport Satellite control Partner teleport Payload monitoring OUR SATELLITE SYSTEM HOT BIRHDOT 13 BBIR, 13C,D 13 B13E, 13C, 13E HOT BIRD 13B, 13C, 13E EUTELSEUATT 48ELSA AT 48A EUTELSAT 48A EUTELSEUTELSAT 7 WESATT 7 A WEST A EUTELSEUTELSEUTELSAT 21ABT A7T WES 21BT A EUTELSEUATT 48ELSDATEUTELS 48D AT 21B EUTELSAT 48D EUTELSEUTELSAT 8 WESATT 8 B WEST B EUTELSAT 8 WEST B EUTELSEUTELSAT 10A AT 10A EUTELSEUTELSAT 25BEUTELSAT 25B ATEU 10TAELSEUATT 53ELSA*AT 53EUTELSA* AT 25B EUTELSAT 53A* EUTELSEUATT 113ELS WESAT 113T A WESEUTT AELSEUATT 12ELS WESAT 12TEU B WESTELST BAT 113 WEST A EUTELSAT 12 WEST B EUTELSEUTELSAT 28E*AT 28E*EXPRESSEX PRAT1ESS* (56° AT 1E*) EUTELS(56° E) AT 28E* EXPRESS AT1* (56° E) EUTELSEUATT 115ELS WESAT 115T A WES** T A** EUTELSAT 115 WEST A** EUTELSEUTELSAT 3B AT 3B EUTELSEUTELSEUTELSAT 28ATF *3ABT 28F* EUTELSAT 28F* EUTELSEUTELSAT 115 WATEST 115 B WEST B EUTELSAT 115 WEST B EU T ELS EUATT 28ELSG*AT 28G* EUTELSEUATT 70ELSB A T 70EUBTELSAT 28G* EUTELSAT 70B EXPRESSEX PRAT2ESS* (140° AT2 *E )(140° E) EXPRESS AT2* (140° E) EUTELSEUATT 117ELS WESAT 117T A WESTEUTELS A EUTELSAT 36 WAESTTEU 36T A ELSWESTAT A117 WEST A EUTELSAT 36 WEST A TELSTARTELS 12*TAR 12* TELSTAR 12* 15° W 15° W 15° W EUTELSEUTELSAT 16A AT 16A EUTELSEUATT
    [Show full text]
  • Eutelsat Communications Third Quarter and Nine-Month 2013-2014 Revenues
    EUTELSAT COMMUNICATIONS THIRD QUARTER AND NINE-MONTH 2013-2014 REVENUES • First nine months revenues up 2.5% at constant currency and excluding non-recurring revenues and Satmex, in line with annual objective • Third quarter revenues up 1.5% at constant currency and excluding non-recurring revenues and Satmex. Up 6% including Satmex • Backlog including Satmex of €5.8 billion representing over four years of revenues • Satmex integration on track, and Latin American market confirming its high potential • Current year and medium-term objectives confirmed Paris, 15 May 2014 – Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) today reported revenues for the third quarter and nine months ended 31 March 2014. Revenues by business application (in millions of euros) 3rd quarter 9 months ended Change (in %) ended Change (in %) March 31 March 31 2013 2014 reported excluding 2013 2014 reported excluding Satmex and Satmex and at constant at constant currency currency Video Applications 216.4 219.7 +1.5% - 1.2% 647.1 650.2 +0.5% - 0.1% Data & Value-Added Services 60.8 74.6 +22.7% - 1.1% 185.6 201.6 +8.6% +2.1% Data Services 46.7 54.1 +15.8% - 15.2% 140.4 137.9 -1.8% - 10.5% Value-Added Services 14.1 20.5 +45.7% + 45.9% 45.3 63.7 +40.7% + 41.0% Multi-usage 35.4 40.2 +13.7% + 7.5% 108.1 113.8 +5.3% + 6.6% Other revenues 2.6 7.8 NA NA 8.0 23.6 NA NA Sub-total 315.1 342.3 +8.6% + 1.5% 948.8 989.3 +4.3% + 2.5% Non-recurring revenues 7.7 - NA NA 7.7 0.5 NA NA Total 322.9 342.3 + 6.0% -1.0% 956.5 989.8 +3.5% + 1.8% Michel de Rosen, Chairman and CEO of Eutelsat Communications, said: “This quarter marked a significant step in Eutelsat’s international development with the closing of the acquisition of Satmex on 1 January 2014.
    [Show full text]
  • Management Report for the Year Ended 30 June 2015
    Société anonyme with a Board of Directors and a share capital of 226,972,338 euros Registered office: 70 rue Balard, F-75015 Paris 481 043 040 R.C.S. PARIS MANAGEMENT REPORT OF THE BOARD OF DIRECTORS ON THE CONSOLIDATED AND COMPANY FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2015 Note: The English version of this Management Report is a free translation of the French version and is provided solely for the benefit of English-speaking users. - 1 - MANAGEMENT REPORT OF THE BOARD OF DIRECTORS 30/07/15 INDEX INTRODUCTION ............................................................................................................................ 4 1 KEY HIGHLIGHTS IN THE FINANCIAL YEAR ....................................................................... 4 1.1 MAIN FIGURES ........................................................................................................................................................................... 4 1.2 OPERATIONAL HIGHLIGHTS ..................................................................................................................................................... 5 1.3 REVENUES BY BUSINESS APPLICATION ........................................................................................................................... 5 1.4 ACTIVE INVESTMENT POLICY ............................................................................................................................................ 6 1.5 FINANCIAL INDICATORS .....................................................................................................................................................
    [Show full text]
  • Seite 1 Von 32 Norbert's Homepage
    Norbert's Homepage - 325/2014 Seite 1 von 32 Die Wochenübersicht Nr. 25//2014, vom Dienstag, den 25. November 2014, nach christlicher Zeitrechnung Autor: Norbert Schlammer Neuigkeiten: Yamal 300K, 90 Grad Ost: Auf 4,164 GHz, lz, startete mit 2,963 und 3/4, Pid's 308/256, GTRK Dalnevostochnaya mit Radio Rossii Khabarowsk unter Track, Audiopid 257. Beide Programme verschlüsseln in Biss. Style TV und Tochka TV – offen - haben das Gazprom Space Systems Digitalpaket, auf dem Northern Beam 1, auf 11,093 GHz, h, mit 30,000 und 5/6, in MPEG-4 DVB S-2, 8 8PSK, verlassen. Duck TV und Nat Geo Wild Russia – codiert – haben das Digitalpaket auf 11,670 GHz, h, mit 14,400 und 5/6, in MPEG-4 DVB S-2 8PSK, verlassen. Amazing Life und Tochka TV, haben das Gazprom Space Systems Digitalpaket auf dem Northern Beam 2, auf 12,648 GHz, h, mit 27,500 und 5/6, in MPEG-4 DVB S-2 8PSK, verlassen. Intelsat 15, 85,2 Grad Ost: Der Transponder auf dem Westrusslandbeam, auf 12,526 GHz, v, mit 13,928 und 2/3, in MPEG-2 DVB S-2 8PSK, mit TiJi – codiert – und Love Radio – offen - wurde abgeschaltet. Das Orion Express HD pay-TV Paket belegt auf 12,560 GHz, v, mit 30,000 und 5/6, in MPEG-4 DVB S 2 QPSK, einen weiteren Transponder. Auf ihm starteten Da Vinci Learning, TV1000 Russkoe Kino, TV1000 Action East, TV1000 East, Viasat Explore Russia, Viasat History, Viasat Nature East, Viasat Sport East, KHL TV HD, Kinolux, Ocean TV, Mir Seriala, Detski Mir und Sport Plus – alle in Conax, Irdeto 3 und Quintic, verschlüsselt.
    [Show full text]
  • Reference Document 2017 -18 CREATING SPACE for YOUR COMMUNICATIONS
    Reference Document 2017 -18 CREATING SPACE FOR YOUR COMMUNICATIONS Every day, Eutelsat demonstrates its expertise as a satellite company which contributes essential resources supporting the growth of digital communications. As a player at the heart of the video and broadband markets, the greatest advances are yet to come. Ongoing progress brings with it the prospect of an increased role for satellites in order to optimise the use of spectrum, a valuable and finite resource, and to transform the digital society into an environment of economic and social benefit for all. With these goals in mind, our Group is pursuing a development strategy based on investment and innovation, operational excellence and the creation of lasting value. >30 years €1,408 m of Eutelsat revenues Communications for 2017-18 ~1,000 38 274 m employees satellites television operated(1) households(2) (1) At 30 June 2018. (2) Direct and indirect audience. CONTENTS LETTER FROM RODOLPHE BELMER, REGULATION 107 CHIEF EXECUTIVE OFFICER 02 05 5.1 Regulations governing frequency LETTER FROM DOMINIQUE D'HINNIN, assignments and international CHAIRMAN OF THE BOARD OF DIRECTORS 03 coordination 108 5.2 Regulations governing the operation of earth stations, the deployment of networks, the operation of electronic communications networks and the provision of electronic communications services 112 PRESENTATION OF EUTELSAT 01 COMMUNICATIONS 05 5.3 Regulations governing content 114 5.4 Regulations governing space 1.1 Highlights of the financial year, operations 116 outlook and key figures
    [Show full text]
  • TYPE APPROVAL and CHARACTERIZATION Procedures
    TYPE APPROVAL and CHARACTERIZATION Procedures ESOG 120 09 April 2018 EUTELSATS.A. SYSTEMS OPERATIONS GUIDE ESOG Module 120 ANTENNA AND VSAT TYPE APPROVAL / CHARACTERIZATION Issue 7.0 09-04-2018 Volume I EUTELSATS.A. SYSTEMS OPERATIONS GUIDE ESOG Module 120 ANTENNA AND VSAT TYPE APPROVAL / CHARACTERIZATION Issue 7.0 09-04-2018 1. INTRODUCTION ........................................................................................................................ 1 1.1. About This Document .................................................................................................... 1 1.2. Eutelsat Certification ...................................................................................................... 2 1.3. Future Operations .......................................................................................................... 7 2. ANTENNA SIDELOBE PATTERN AND CROSS POLAR DISCRIMINATION (EXTRACT OF EESS 502 STANDARD M) ............................................................................................................... 8 2.1. Sidelobes ....................................................................................................................... 8 2.2. Cross Polarization Discrimination .................................................................................. 9 3. APPROVAL PROCESS ........................................................................................................... 11 3.1. Type approval Process for Standard Antennas and VSAT ......................................... 11
    [Show full text]