EURAZEO_REGISTRATION_DOCUMENT_2017

CONSOLIDATED FINANCIAL STATEMENTS Consolidated Statement of Other Comprehensive Income

Consolidated Statement of Other Comprehensive 4.3 Income

Pursuant to IAS 1 revised, Eurazeo is required to present total income and expenses recognized indirectly (that is through net income (loss) for the period) and directly in equity:

Notes

2017

2016

(In thousands of euros) Net income for the period

480,050

643,008

Fair value gains (losses) on financial assets Fair value reserves reclassified to profit or loss

8.2 8.2

- - - - -

2,038

-

Total change in fair value reserves

2,038

Tax impact

-

Fair value reserve, net (potentially reclassifiable)

2,038 (11,089)

Gains (losses) arising on the fair value measurement of hedging instruments

9.2 9.4

7,597 14,673 22,270 (1,754) 20,516 (9,151)

Hedging reserve reclassified to profit or loss *

8,431

Total change in hedging reserves

(2,658)

Tax impact

725

Hedging reserves, net (potentially reclassifiable) Recognition of actuarial gains and losses in equity

(1,933) 6,950

5.2/8.1

Tax impact

(404)

2,618

Actuarial gains and losses, net (not reclassifiable) Gains (losses) arising on foreign currency translation

(9,555) (96,190)

9,568

1,863

Foreign currency translation reserves reclassified to profit or loss Foreign currency translation reserves (potentially reclassifiable) TOTAL INCOME AND EXPENSES RECOGNIZED DIRECTLY IN EQUITY

9.4

4,105

895

(92,085) (81,124) 398,926

2,758 12,431

4

TOTAL RECOGNIZED INCOME AND EXPENSES

655,439

Attributable to: Eurazeo shareholders • Non-controlling interests •

378,615

530,608 124,831

20,311

* Including €693 thousand in respect of equity-accounted groups in 2016.

With effect from January 1, 2017, following the adoption of IFRS 9, changes in reserves in respect of equity instruments at fair value through other comprehensive income can no longer be reclassified to profit or loss. The change in hedging reserves reflects fair value gains and losses on derivatives qualifying for hedge accounting. The release of the hedging reserve to profit or loss is primarily tied to the deconsolidation of ANF Immobilier securities.

Actuarial gains and losses arising on the measurement of employee benefits correspond to the impact of changes in assumptions (obligation discount rate, pay increase rate, pension increase rate and expected return on plan assets) used to value defined benefit plan obligations. The reclassification of foreign currency translation reserves to profit or loss primarily follows the sale of Europcar and Elis share blocks.

207

Eurazeo

2017 Registration document