EDF_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS Income Statement

OPERATING ASSETS AND LIABILITIES, EQUITY

GOODWILL NOTE 18

18.1

CHANGES IN GOODWILL

Goodwill on consolidated entities comprises the following:

31/12/2017

31/12/2016

(in millions of euros)

Net book value at opening date

8,923 1,396

10,236

Acquisitions (note 3.2)

36

Disposals

- -

- -

Impairment (note 13) Translation adjustments

(282)

(1,298)

Other changes

(1)

(51)

NET BOOK VALUE AT CLOSING DATE

10,036 10,802

8,923 9,709 (786)

Gross value at closing date

Accumulated impairment at closing date

(766)

6.

The changes in goodwill in 2017 primarily related to: the acquisition of Framatome for €1,257 million (see note 3.2); ■ translation adjustments of €(282) million, largely reflecting the pound sterling’s ■ decline against the Euro.

The changes in goodwill in 2016 primarily related to the translation adjustments of €(1,298) million, largely reflecting the pound sterling’s decline against the Euro.

18.2

GOODWILL BY OPERATING SEGMENT

The breakdown of goodwill between the new segments as presented in note 6.1 is as follows:

31/12/2017

31/12/2016

(in millions of euros)

France – Regulated activities

223

223

Reactors and services (Framatome) (note 3.2)

1,257 7,586

-

United Kingdom (EDF Energy)

7,818

Italy

18 15

2

Other international

13

Dalkia

536 206 195 937

496 177 194 867

EDF Énergies Nouvelles

Other

Other activities GROUP TOTAL

10,036

8,923

345

EDF I Reference Document 2017