EDF_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS Income Statement

27.5

NON-CONTROLLING INTERESTS (MINORITY INTERESTS)

27.5.1

Details of non-controlling interests

31/12/2017

31/12/2016

Net income attributable to non-controlling interests

Net income attributable to non-controlling interests

Equity (non-controlling interests)

Equity (non-controlling interests)

Ownership%

(in millions of euros)

Principal non-controlling interests: EDF Energy Nuclear Generation Ltd.

20.0% 33.5%

2,687 2,138

23

2,773 1,718

111

NNB Holding Ltd.

-

-

EDF Investissements Groupe SA

6.1%

516 388 209

11

516 390

13

EDF Luminus SA

31.4% 24.5%

2

3

Framatome

-

-

-

Other non-controlling interests (1)

1,403 7,341

80

1,527 6,924

33

116

160

TOTAL

Including Sizewell C Holding Co. (1)

Non-controlling interests in EDF Energy Nuclear Generation Ltd. (formerly British Energy), which is owned 80% by the Group via EDF Energy, correspond to Centrica’s share. Non-controlling interests in NNB Holding Limited, the holding company for the Hinkley Point C project, which is owned 66.5% by the Group via EDF Energy, correspond to CGN’s share (see note 3.7.2). Non-controlling interests in Framatome, the Group acquired on 31 December 2017 (see note 3.2) and owned 75.5% by the Group via EDF SA, correspond to the 19.5% share held by Mitsubishi Heavy Industries and the 5% share held by Assystem.

Non-controlling interests in EDF Luminus correspond to the investments held by Belgian local. Non-controlling interests in EDF Investissements Groupe correspond to the investment held by Natixis Belgique Investissements. Other non-controlling interests principally correspond to the investments held by Total and Fluxys in Dunkerque LNG, and minority interests in subsidiaries of the Edison subgroup.

6.

Non-controlling interests in EDF Energy 27.5.2 The key financial indicators (100% basis) for EDF Energy Nuclear Generation Ltd. are as follows:

31/12/2017

31/12/2016

(in millions of euros) Non-current assets Current assets TOTAL ASSETS

21,149 3,228 24,377 13,433 10,252

21,877 3,325 25,202 13,870 11,058

Equity

Non-current liabilities

Current liabilities

692

274

24,377 3,070

25,202 3,805

TOTAL EQUITY AND LIABILITIES

Sales

Net income

135

653

Gains and losses recorded directly in equity Net cash flow from operating activities Net cash flow from investing activities Net cash flow from financing activities

(220)

(1,804)

867

1,296 (516) (672)

(514) (328)

468

422 107 (62)

CASH AND CASH EQUIVALENTS – OPENING BALANCE Net increase/(decrease) in cash and cash equivalents

25

Effect of currency fluctuations

(10)

Other

-

-

483

468 151

CASH AND CASH EQUIVALENTS – CLOSING BALANCE Dividends paid to shares of non-controlling interests

70

357

EDF I Reference Document 2017