Areva - Reference Document 2016

20

20.2 Notes to the consolidated financial statements for the year ended December 31, 2016 FINANCIAL INFORMATION CONCERNING ASSETS, FINANCIAL POSITION AND FINANCIAL PERFORMANCE

NOTE 8. NET FINANCIAL INCOME

(in millions of euros)

2016

2015

Net borrowing costs

(73)

19 87

Income from cash and cash equivalents

38

Gross borrowing costs

(111)

(68) (65)

Other financial income and expenses

5

of which share related to end-of-lifecycle operations of which share not related to end-of-lifecycle operations

-

-

5

(65)

Foreign exchange gain (loss)

13 (2) (2)

2

Income from disposals of securities and change in value of securities held for trading

10

Income from disposals of investments in joint ventures and associates

Dividends received Net depreciation of financial assets Interest on contract prepayments

25

(1)

-

-

Financial income from pensions and other employee benefits

0

0

Other financial expenses Other financial income NET FINANCIAL INCOME

(29)

(78)

-

1

(68)

(46)

At December 31, 2016, other financial expenses included in particular debt forgiveness granted to an operation held for sale in the amount of 14 million euros (compared with 66 million euros at December 31, 2015).

NOTE 9. INCOME TAX

ANALYSIS OF INCOME TAX EXPENSE

Continuing operations

(in millions of euros)

2016

2015

Current taxes (France)

128

77

Current taxes (other countries)

0

0

Total current taxes

128 (10) 118

77 16 93

Deferred taxes

TOTAL TAX INCOME

205

2016 AREVA REFERENCE DOCUMENT