Areva - Reference Document 2016

20

20.6 Information on accounts payable to suppliers FINANCIAL INFORMATION CONCERNING ASSETS, FINANCIAL POSITION AND FINANCIAL PERFORMANCE

20.6.

INFORMATION ON ACCOUNTS PAYABLE TO SUPPLIERS

Accounts payable to suppliers at year-end, in accordance with articles L. 441-6-1 (1) and D. 441-4 of the French Commercial Code, by maturity dates:

(in thousands of euros)

2016

2015

Matured

-555

-2,694 22,032

0 to 30 days 31 to 45 days

37,182

1,148

769

More than 45 days

724

17

TOTAL

38,499

20,124

20.7.

DIVIDEND POLICY

20.7.1. PAYMENT OF DIVIDENDS

According to article 45 of AREVA’s articles of association, the payment of annual dividends is done at the dates set by the Board of Directors within nine months of the end of the financial year.

Dividends properly received are not subject to recovery. Dividends that have not been collected within five years of the date set for distribution are forfeited to the French State.

20.7.2. DIVIDEND DATA

(euros)

Dividend

Tax credit

Gross dividend

2013 2014 2015

- - - -

- - - -

- - - -

2016

With a consolidated net loss attributable to owners of the parent of 665 million euros, application of the group’s dividend policy led the AREVA Board of Directors to propose to the Shareholders that no dividend be paid for 2016.

20.7.3. DIVIDEND POLICY

The Board of Directors defines the dividend distribution policy based on its review of the financial results, the interim budget for 2017 reflecting the Company’s requirements for the recovery of its financial situation and the economic context, and

debt management. Accordingly, the Board of Directors does not plan to propose a dividend distribution to the Shareholders convened to approve the financial statements for the year ending December 31, 2016.

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2016 AREVA REFERENCE DOCUMENT