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

TRANSACTIONS BETWEEN THE GROUP AND ADWEN These transactions are described in note 3.

Adwen December 31, 2016 December 31, 2015

(in millions of euros)

Sales

4

5 9

Purchases

-

Loans to/receivables from related parties

241

373

Borrowings from related parties

-

-

TRANSACTIONS BETWEEN THE GROUP AND ETC These transactions are described in note 14.

(used fuel transportation, storage, treatment and recycling services), power plant maintenance and equipment sales. Transactions with the CEA concern dismantling of the CEA’s nuclear facilities; engineering services for the design and construction and of the CEA’s research reactors and related operating support; and the provision of studies and research work. In addition, AREVA pays fees to the CEA for the use of its used nuclear fuel reprocessing processes. The group also provides services to the CEA concerning engineering services and research, cleanup and dismantling services, and has two contracts for the design and construction of certain components of an experimental reactor. Execution of these two contracts has met with difficulties which have resulted in the recognition of provisions (see note 24).

AREVA buys centrifuges from ETC for its new Georges Besse II enrichment plant and supplies relatedmaintenance services. AREVA’s purchases of assets fromETC totaled 18 million euros in 2016 (compared with 81 million euros at December 31, 2015). RELATIONS WITH GOVERNMENT-OWNED COMPANIES The group has business relationships with government-owned companies, in particular EDF and the CEA (Commissariat à l’énergie atomique et aux énergies alternatives). Transactions with EDF concern the front end of the nuclear fuel cycle (uranium sales and conversion, enrichment and fuel fabrication services), the back end of the cycle

COMPENSATION PAID TO KEY EXECUTIVES

(in millions of euros)

2016

2015

Short-term benefits Termination benefits

6.1 3.5 1.2

4.5 1.7 0.1

Post-employment benefits Other long-term benefits

0

-

TOTAL

10.8

6.3

Key executives are:

p for 2015 data: from January 1 to 8, 2015, the members of the Executive Board and of the Supervisory Board and, as from January 9, 2015, the members of the Board of Directors and of the Executive Committee; p for 2016 data: from January 1 to June 30, 2016, the members of the Board of Directors and of the Executive Committee of AREVA SA and, from July 1 to December 31, 2016, the members of the Board of Directors of AREVA SA, the members of the Executive Committees of NewCo and of AREVA NP, and the members of the Management Committee of AREVA SA. Short-term benefits and termination benefits include compensation paid during the year by the group and by the CEA.

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2016 AREVA REFERENCE DOCUMENT