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

NOTE 18. OTHER OPERATING RECEIVABLES

CONTINUING OPERATIONS

(in millions of euros)

December 31, 2016 December 31, 2015

French State

106 106

326 142 347

Advances and down payments to suppliers

Miscellaneous accounts receivable

29 10

Financial instruments

41

Other

0

9

TOTAL

252

865

During the 2015 and 2016 financial years, AREVA disposed of tax receivables without recourse to financial institutions in the amounts of 122 million euros and 70 million euros respectively. AREVA retained no significant ongoing involvement in respect of these receivables. “Miscellaneous accounts receivable” includes prepaid expenses, receivables from suppliers and receivables from employees and benefit management bodies.

“Financial instruments” include the fair value of derivatives hedging market transactions and the fair value of the firm commitments hedged. At December 31, 2016, other operating receivables had a maturity of less than one year.

OPERATIONS HELD FOR SALE

(in millions of euros)

December 31, 2016 December 31, 2015

Operations held for sale in 2015 New NP

942

792

AREVA TA

23

29

Nuclear Measurements

-

4

Sub-total

965

824

Operations held for sale in 2016 NewCo

568

TOTAL (*) * see note 3.

1,533

824

NOTE 19. CASH AND CASH EQUIVALENTS

CONTINUING OPERATIONS

(in millions of euros)

December 31, 2016 December 31, 2015

Cash and current accounts

483 202 686

336 468 804

Cash equivalents

TOTAL

Cash equivalents consist chiefly of short-term marketable securities and mutual funds.

At December 31, 2016, continuing operations did not have unavailable cash and cash equivalents (compared with 78 million euros at December 31, 2015).

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2016 AREVA REFERENCE DOCUMENT