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

20.4.6.5. RELATED PARTIES The transactions with related parties listed in this paragraph are considered significant and were not concluded at normal market conditions based on the criteria indicated below. A transaction is deemed significant if a lack of disclosure or an erroneous disclosure may have an influence on economic decisions by third parties who rely on the financial statements. Whether a transaction is significant or not depends on the nature and/or the amount of the transaction.

Conditions may be considered “normal” when they are customarily employed by the company in its dealings with third parties, such that the beneficiary of the transaction does not receive a more favorable treatment than other third parties dealing with the company, taking into account the practices of other companies in the same sector. OnMay 20, 2016, AREVA SA confirmed its participation in the financing of the RJH project in the form of the acquisition of a reserved and guaranteed right of access to the experimentation capacity of RJH.

20.4.6.6. OFF-BALANCE-SHEET COMMITMENTS

(in thousands of euros)

Note

Total

< 1 year

1 to 5 years

> 5 years

Commitments given Bid guarantees Performance warranties Down payment guarantees

896,636 377,436

190,749

488,644

217,243 371,451

585

5,400

Guarantees for waivers of warranty retentions After-sales warranties Other operating commitments Total operating commitments given

134,058

134,058 722,752 100,000, 1,997,271

1,408,130

191,334

494,044

Comfort letters given Guarantees and surety Liens given Mortgages given Other funding guarantees

100,000

6,184,530

2,015,945

2,171,314

227,053

171,428

55,625

Total commitments and collateral given on financing

6,511,583 2,187,373 2,226,939 2,097,271

Guarantees of assets and liabilities

15,000

15,000

Guarantees pertaining to rental obligations given

8,870 1,653

1,672 1,653 3,325

7,198

Other commitments given

Total other commitments given I. TOTAL COMMITMENTS GIVEN

25,523

22,198

7,945,236 2,382,032 2,743,181 2,820,023

Commitments received Market guarantees received Vendor warranties received Other commitments received

3,787

3,787

677

677

50,000 54,464

50,000 50,000

II. TOTAL COMMITMENTS RECEIVED Reciprocal commitments Firm multiyear purchase commitments Firm multiyear sales commitments Unused lines of credit Future minimum payments on operating leases Other reciprocal commitments III. TOTAL RECIPROCAL COMMITMENTS

4,464

113,349

37,783

75,566

113,349

37,783

75,566

Commitments given The group gave a parent company guarantee to its customer TVO for the execution of contractual obligations for the construction of an EPR in Finland. The group received a counter guarantee fromSiemens in the amount of its share in the contract with TVO. The commitment given by the group corresponds to the amount of the

contract, unless TVO succeeds in demonstrating the existence of a serious and intentional offence by the supplier. TVO has called on this guarantee several times, and the group has rejected these calls. No value concerning these guarantees was included in the previous table.

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2016 AREVA REFERENCE DOCUMENT