Areva - Reference Document 2016

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

DEFERRED TAX INCOME AND EXPENSES BY CATEGORY OF TEMPORARY DIFFERENCE

(in millions of euros)

2016

2015

Tax impact of temporary differences related to: Property, plant and equipment, intangible assets and non-current financial assets

(9) (1) (1)

18

Working capital assets

(14)

Employee benefits

0 0

Provisions for restructuring

(11)

Tax-driven provisions Provisions for end-of-lifecycle operations Net loss carry-forwards and deferred taxes

0

0

(112)

267

Impairment of deferred taxes Other temporary differences

112

(245)

13

(9) 16

NET DEFERRED TAX INCOME (EXPENSES)

(10)

DEFERRED TAX RECOGNIZED IN “OTHER ITEMS OF COMPREHENSIVE INCOME”

(in millions of euros)

2016

2015

IAS 32-39 impacts (change in value of assets available for sale, cash flow hedges and net investment)

0 0

(26) (19) (45)

Other

DEFERRED TAX RECOGNIZED DIRECTLY IN “OTHER ITEMS OF COMPREHENSIVE INCOME”

UNRECOGNIZED DEFERRED TAX ASSETS

Continuing operations

(in millions of euros)

2016

2015

Tax credits Tax losses

1,800

1,170 1,268 2,439

Other temporary differences

339

TOTAL UNRECOGNIZED DEFERRED TAX ASSETS

2,139

The majority of unrecognized deferred tax assets corresponds to tax losses which had no limit in time.

Operations held for sale

2016

(in millions of euros)

New NP

NewCo

Other

Total

Tax credits Tax losses

1

1

38

406

69

514

Other temporary differences

102 140

1,190 1,596

3

1,294 1,809

TOTAL UNRECOGNIZED DEFERRED TAX ASSETS

73

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2016 AREVA REFERENCE DOCUMENT

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