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

SENSITIVITY OF THE ACTUARIAL VALUE TO CHANGES IN DISCOUNT RATE An across-the-board decrease in the discount rate of 0.5% would increase the defined benefit obligation by 4.9%.

Operations held for sale

For NewCo

p

Medical expenses and accident/ disability insurance

Supplemental retirement benefits

Retirement benefits

Job-related awards

Early retirement benefits

December 31, 2016

Total

Defined benefit obligation Fair value of plan assets

349

340

8

858

50 47

1,605

0

2

97

146

TOTAL DEFINED BENEFIT OBLIGATION

349

338

8

761

3

1,459

For New NP

p

Medical expenses and accident/ disability insurance

Supplemental retirement benefits

Retirement benefits

Job-related awards

arly retirement benefits

December 31, 2016

Total

Defined benefit obligation Fair value of plan assets

12

105

17

7 0 7

905 630 275

1,046

0

7

4

641 404

TOTAL DEFINED BENEFIT OBLIGATION

12

97

13

CHANGE IN THE DEFINED BENEFIT OBLIGATION

Continuing operations

Medical expenses and

accident/ disability insurance

Supplemental retirement benefits

Retirement benefits

Job-related awards

Early retirement benefits

December 31, 2016 (in millions of euros)

Total

Defined benefit obligation at December 31, 2015

315

351

8 0

896

54

1,626

Current service cost

7

14

16

0

37

Past service costs (including plan changes and reductions)

(8)

(12)

(0)

(6)

(0)

(26)

Plan transfer

0 0 7 0 0 0

0 0 7

0 0 0

0 0

0 0 1 0 0 0

0 0

Disposals / Liquidation / Plan reductions

Cost escalation

19

33 (5)

Mergers, acquisitions, transfers Change in consolidation scope

(5)

(0)

0 0 0

0 0

0 0

0 0

Employee contributions

Benefits paid during the year Actuarial gains and losses Currency translation adjustments Defined benefit obligation of operations held for sale DEFINED BENEFIT OBLIGATION AT DECEMBER 31, 2016

(7) 36

(26)

(0)

(100)

(3)

(136)

11

0 0

33

1 0

81

0

0

0

0

(349)

(340)

(8)

(858)

(50)

(1,605)

4

0

0

0

0

4

233

2016 AREVA REFERENCE DOCUMENT

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