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MA0000011488
05/20/10 / NTS ET MAROC TELECOM Dividend For IAM.PA 05/24/10 / NTS ET MAROC TELECOM Dividend For MSPA.F 07/28/10 / NTS ET Q2 2010 MAROC TELECOM Earnings Release
5 days 1 Month 3 Months YTD 1 YearMaroc Telecom 0.40 0.87 9.01 19.67 1.34
Maroc Vs Index -0.60 -5.17 -1.61 1.65 -8.51 Name Director Since
Total number of completed transactionsTotal deal value of completed transactions
Number of incomplete transactions% completed vs announced (value)Typical deal strategy
Announcement Date Ex. Date Pay Date Payment Type 25-Feb-2008 19-May-2008 28-May-2008 Cash Dividend23-Feb-2009 25-May-2009 03-Jun-2009 Cash Dividend22-Feb-2010 24-May-2010 02-Jun-2010 Cash Dividend06-Mar-2007 15-May-2007 12-May-2007 Cash Dividend
Announcement Date Ex. Date Fiscal Period: 2009 2008 20071-Mar-2006 -- Period End Date: 31-Dec-2009 31-Dec-2008 31-Dec-2007
Source: ARS ARS ARS31-Dec-2008 Income Statement - Annual - Standardised in Millions of MAD
MAD Total Revenue 30,339.00 29,521.00 27,532.00Morocco 25,738 25,465.00 25,050.00 23,317.00Rest of the World 3,740 Total Operating Expense 16,293.00 15,709.00 15,333.00France 98 Operating Income 14,046.00 13,812.00 12,199.00Belgium 85 Net Income 9,425.00 9,520.00 8,031.00
Balance Sheet (Differentiates) - Annual - Standardised in Millions of MADTotal Current Assets 12,824.00 13,450.00 14,507.00Total Assets 45,920.00 38,483.00 37,750.00
31-Dec-2008 Total Current Liabilities 19,522.00 16,809.00 17,679.00MAD Total Liabilities 27,355.00 19,775.00 20,369.00
Mobile Services 21,160 Total Equity 18,564.00 18,709.00 17,379.00Fixed Lines/Internet 11,354 Total Liabilities & Shareholders' Equity 45,919.00 38,484.00 37,748.00
Return on Equity % 50.77 BVPS (MAD) 21.12Return on Total Assets % 22.33 Quick Ratio 0.62
% of Filing % of % of Operating Margin % 46.30 Total Assets/Equity 2.47Name Shares O/S Date Change Port. Beta (Unleveraged) 0.82 Total Liab/Equity 1.24Vivendi SA 465,920,477 53.00 30-Jun-2009 0.00 51.30 Earnings Yld % - Credit Rating -Government of the Kingdom of Morocco 263,728,575 30.00 30-Jun-2009 0.00 99.96 Price to Book 7.68Maroc Telecom Employees 1,054,914 0.12 30-Jun-2009 -19.54 100.00
Parametric Portfolio Associates LLC 546,295 0.06 28-Feb-2010 5.34 0.04
Norges Bank 364,394 0.04 31-Dec-2009 1.03 0.00
TIAA-CREF 276,280 0.03 31-Jan-2010 34.15 0.00
Nomura Asset Management Co., Ltd. 258,200 0.03 31-Dec-2009 -41.29 0.01
BNP Paribas Asset Management S.A.S. 212,067 0.02 31-Dec-2009 -0.86 0.01 Scale:1,000,000 Currency: MAD Last Period Shares Market Cap - TotalSwedbank Robur AB 200,696 0.02 31-Dec-2009 0.00 0.01 Ticker Price End Date Outstanding Consolidated Return 1 YrGrantham, Mayo, Van Otterloo & Co., L.L.C. 154,694 0.02 28-Feb-2010 43.94 0.00 IAM-CL 162.15 31-Dec-2009 879 142,545.20 -5.87%Étoile Gestion 140,000 0.02 30-Jun-2009 0.00 0.09 BEZQ-TV 18.02 31-Dec-2009 2,675 48,198.44 42.96%Allianz Global Investors France 138,413 0.02 30-Sep-2009 11.79 0.01 LVLT-O 10.36 31-Mar-2010 1,656 17,152.83 76.09%Comgest S.A. 120,000 0.01 31-Dec-2009 33.33 0.03 MICC-O 775.83 31-Mar-2010 109 84,292.07 62.90%Mellon Capital Management Corporation 100,256 0.01 31-Mar-2010 0.00 0.00 NORT6.72-BA 75.58 31-Dec-2009 8 594.28 -Fidelity International Limited 82,600 0.01 31-Mar-2010 46.71 0.00 8-HK 2.21 31-Dec-2009 6,772 14,957.98 -45.86%Van Eck Associates Corporation 79,947 0.01 31-Dec-2009 27.94 0.01 TEL-PH 427.65 31-Dec-2009 187 93,964.34 27.57%Pictet Asset Management Ltd. 60,160 0.01 30-Sep-2009 92.06 0.00 TECO2.1-BA 29.38 31-Mar-2010 441 28,923.86 144.56%GAMCO Investors, Inc. 60,000 0.01 31-Dec-2009 20.00 0.00 TEL-NZ 12.34 31-Mar-2010 1,917 23,662.01 5.70%Northern Trust Global Investments 59,377 0.01 31-Jan-2010 35.61 0.00 TKG-JO 35.39 30-Sep-2009 521 18,432.48 -18.72%Första AP-Fonden 54,319 0.01 31-Dec-2009 100.00 0.01 WIN-O 88.89 31-Mar-2010 457 40,588.92 47.52%
Top Shareholders Total: 733,611,664 Source: Thomson Reuters
30-Apr-2006E Capital Return
Top Shareholders
Top Business Segment as of 31-Dec-2008
--
Effective Date Event Type
16-May-2008
Record Date
25-May-200924-May-2010--
--
Member of the Supervisory Board
Managing Director of Networks and Systems
Rachid Mechahouri
Managing Director of Regulation, Comm'n and Int'l Dev't
Abdelaziz Talbi --
17-Nov-2008
Geographic Segment as of 31-Dec-2008
17-Dec-2002
Capital Change Overview/Detail
Dividend Overview/Detail
-- --
Janie Letrot
--
29-Jun-2006
--
Abdeslam Ahizoune
Larbi Guedira
--
Managing Director of Services Division
17-Dec-2002 Vice Chairman of the Supervisory Board Managing Director of Administration and Finance
Jean Bernard Levy
Arnaud Castille
SEDOL
162.15
Close (MAD) (14-May-2010)
Upcoming Events
Officers & Directors Overview
Salaheddine Mezouar 04-Dec-2007 04-Dec-2007 Chairman of the Supervisory Board
Officer Since Current Position
M&A Overview/Detail (last 9 years)
Maroc Telecom SA (Casablanca: IAM)
Relative % Change
-- 20-Feb-2001 Chairman of the Management Board
Maroc TelecomB04SJM4
Adress: Arnaud Castile Avenue Anakhil Hay Riad Rabat Morocco Tel: +212 37 712121 Fax: +212 37 714860 Website: www.iam.ma IR tel: +212 537 719039/537 71 5823 IR contact: Badr Benyoussef IR email:[email protected] / [email protected]
Maroc Telecom SA is a Morocco-based company primarily engaged in the provision oftelecommunications services. It is structured in four segments: Fixed Line Telephones,Mobile Telephones, Internet Services and Business Solutions. The Company has regionaloffices in Rabat, Casablanca, Marrakech, Agadir, Settat, Fes, Tanger and Oujda. MarocTelecom SA operates through its subsidiaries, including Compagnie Mauritanienne deCommunication (CMC) SA, Mobisud Belgique SA, Onatel SA, Telmob SA, and MarocTelecom Belgique SA, among others. The Company is a part of Vivendi Group.
(Casablanca Stock Exchange)
5USD 1.28B
Friendly 100.00% (USD 1.28B)
0
Comparable Analysis (Market Data & Price Multiples)
Historical Price data
Financial Reports
Key Ratios
Financial Summary
Gross Profit
For the fiscal year ended in 2009, Maroc Telecom SA's total revenue increased 3% to MAD30.34B. Net income for the period decreased 1% to MAD9.43B and was offset by decreased gross margins and operating margins as well as lower interest income and significantly higher interest expense.
0.29%0.33%
13%
87%
Morocco
Rest of the World
France
Belgium
65%
35% Mobile Services
FixedLines/Internet
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