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

RECONCILIATION OF STATEMENT OF CASH FLOWS AS REPORTED TO RESTATED STATEMENT OF CASH FLOWS

IFRS 5 adjustments

(in millions of euros)

2015 reported

2015 restated

Net income for the period

(2,036)

-

(2,036)

Less: income from operations sold

190

580 580

770

Net income from continuing operations (Profit) / loss of joint ventures and associates

(1,846)

(1,267)

21

6

26

Net amortization, depreciation and impairment of PP&E and intangible assets and marketable securities maturing in more than 3 months

812

(772)

40 26

Goodwill impairment

26

0

Net increase in (reversal of) provisions

919 253 124 178

(272) (253) (217) (204)

648

Net effect of unwinding of assets and provisions Income tax expense (current and deferred)

0

(93) (26)

Net interest included in borrowing costs

Loss (gain) on disposals of fixed assets and marketable securities maturing in more than 3 months; change in fair value

(148)

139

(8)

Other non-cash items

14

(4) (1)

9 0

Dividends from joint ventures and associates

1

Cash flow from operations before interest and taxes

356

(999)

(643)

Net interest received (paid)

(176) (140)

216 189

40 49

Income tax paid

Cash flow from operations after interest and tax

40

(593) (211) (804)

(554)

Change in working capital requirement

322 362

111

NET CASH FLOW FROM OPERATING ACTIVITIES

(442)

Investment in PP&E and intangible assets

(646)

634

(13) (77)

Loans granted and acquisitions of non-current financial assets Acquisitions of shares of consolidated companies, net of acquired cash

(2,408)

2,331

-

-

-

Disposals of PP&E and intangible assets

8

(8)

1

Loan repayments and disposals of non-current financial assets Disposals of shares of consolidated companies, net of disposed cash

2,338

(2,312)

26

-

-

-

NET CASH FLOW FROM INVESTING ACTIVITIES

(708)

645

(64)

Share issues in the parent company and share issues subscribed by minority shareholders in consolidated subsidiaries

- - -

- - -

- - -

Treasury shares sold/(acquired) Transactions with minority interests

Dividends paid to minority shareholders of consolidated companies

(132) (693) (825)

132 (65)

0

Increase in borrowings

(758) (758)

NET CASH FLOW FROM FINANCING ACTIVITIES

67

Increase (decrease) in securities recognized at fair value through profit and loss

35 (6)

0 5

35 (1)

Impact of foreign exchange movements

NET CASH GENERATED BY OPERATIONS SOLD, DISCONTINUED OR HELD FOR SALE

331

88

419

INCREASE (DECREASE) IN NET CASH NET CASH AT THE BEGINNING OF THE YEAR NET CASH AT THE END OF THE YEAR

(811) 1,556

- - -

(811) 1,556

745

745

268

2016 AREVA REFERENCE DOCUMENT