Areva - Reference Document 2016

20

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

20.4.4.10.1. The provision for taxes corresponds mainly to the provisions set up for the AREVA Mines dispute concerning the write-down of the long-term advance to AREVAExplo RCA. 20.4.4.10.2. The change in other provisions for contingencies mostly concerns: p underlying losses on rate swaps in the amount of 11,433 thousand euros; p a net provision reversal of 43,000 thousand euros set up for the experimental reactor construction project, for which AREVA SA agreed to bear a majority share of the existing and probable costs identified to date for the reactor design and construction contracts in exchange for a cap on the related financial risks; p a net provision reversal for the negative net situation of AREVA Business Support in the amount of 121,278 thousand euros; p a provision for the negative net situation of AREVA Energies Renouvelables in the amount of 20,265 thousand euros;

p an increase in the provisions for financial risk as regards AREVANP in the amount of 267,000 thousand euros; p a provision reversal of 180,000 thousand euros for costs arising from the transfer of the OL3 contract from AREVA NP to AREVA SA in connection with the subsidiary’s restructuring due to the fact that this initial plan was not implemented but rather replaced by a plan for the contribution of AREVA NP’s operations to a new entity, New NP. 20.4.4.10.3. The change in other provisions for losses corresponds mostly to reversals of provisions for commitments concerning real estate leases devoid of future economic benefit for the company following the restructuring of the company’s offices in the Paris area, and to commitments for the use of licenses.

20.4.4.11. STATEMENT OF LIABILITIES

Maturing in more than 5 years

Maturing in less than 1 year

Maturing 1 to 5 years

(in thousands of euros)

Note Gross amount

Borrowings Convertible bond issues Other bond issues

20.4.4.11.1 20.4.4.11.2 20.4.4.11.3

Bank borrowings

2,064,687 2,047,307

814,687

1,250,000

Miscellaneous loans and borrowings

2,047,221

86 86

TOTAL BORROWINGS

4,111,994 2,861,908 1,250,000

Advances and prepayments on orders Other liabilities Trade accounts payable and related accounts

118,260

109,260

9,000

Taxes and employee-related liabilities:

1 Accounts payable to employees and related accounts 1 Social security administration and other social institutions

853 327

853 327

1 French State and local governments:

Value added tax

13,483

13,483

1

Other taxes Income tax

761

761

1

1,353

1,353

1

Accounts payable on non-current assets and related accounts

127

127

Group and associates

177,521 107,234 89,094 509,013

34,529 107,234 89,094 357,021

142,992

Other liabilities Cash instruments

TOTAL OTHER LIABILITIES

151,992

Unearned income

20.4.4.11.4

715 715

597 597

118 118

TOTAL UNEARNED INCOME TOTAL GROSS LIABILITIES

4,621,722 3,219,526 1,402,110

86

287

2016 AREVA REFERENCE DOCUMENT