Areva - Reference Document 2016

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20.4 Notes to the annual financial statements FINANCIAL INFORMATION CONCERNING ASSETS, FINANCIAL POSITION AND FINANCIAL PERFORMANCE

20.4.4.6. ACCRUED INCOME (French decree 83-1020 of November 29, 1983, article 23)

(in thousands of euros)

Note

2016

2015

Long-term investments Loans to associates

20.4.4.6.1.

4,924

27,072

Other long-term investments TOTAL LONG-TERM INVESTMENTS Working capital: receivables Trade accounts receivable and related accounts Accounts payable to employees and related accounts Social security administration and other social institutions

4,924

27,072

20.4.4.6.2.

46,708

18,131

1

French State and local governments Trade accounts and other receivables

20.4.4.6.3.

30,669 77,377

309,388 327,519

TOTAL RECEIVABLES – WORKING CAPITAL

Marketable securities Cash and cash equivalents TOTAL INCOME RECEIVABLE

82,302

354,592

20.4.4.6.3. The change in miscellaneous trade accounts and other receivables is mainly due to the revaluation of cash instruments at the closing rate and reflects the transfer of those instruments in connection with the partial asset contribution.

20.4.4.6.1. The change in accrued interest on loans to associates came mainly from the transfer of receivables in connection with the partial asset contribution. 20.4.4.6.2. The change in trade accounts receivable and related accounts includes in particular the regularization of service fees for 2016 and the rebilling of costs related to sales of associates in connection with the group’s reorganization.

20.4.4.7. NET CASH

(in thousands of euros)

Note

2016

2015

Other marketable securities

203,993

428,467

Write-downs

-334

-286

20.4.4.7.1.

203,659 24,980

428,181

Cash instruments

55,700

Non-trade current accounts

20.4.4.7.2. 20.4.4.7.3.

1,969,810

1,657,221

Write-downs

-60,775

-9,722

1,909,035

1,647,499

Cash and cash equivalents

469,919

254,142

TOTAL CASH AND MARKETABLE SECURITIES

2,607,593

2,385,522

20.4.4.7.1. At December 31, 2016, other marketable securities consisted primarily of certificates of deposit in the amount of 9,487 thousand euros, of money market funds and treasury bonds in the amount of 192,983 thousand euros, and of treasury shares acquired in connection with the liquidity contract in the amount of 1,323 thousand euros.

The write-down of 334 thousand euros corresponds to the change in the value of the treasury shares as a function of stock market prices at December 31, 2016. At December 31, 2015, other marketable securities consisted primarily of certificates of deposit in the amount of 112,000 thousand euros, of money market funds and treasury bonds in the amount of 314,933 thousand euros, and of treasury shares acquired in connection with the liquidity contract in the amount of 1,334 thousand euros.

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2016 AREVA REFERENCE DOCUMENT