Eurazeo / 2018 Registration document

CONSOLIDATED FINANCIAL STATEMENTS Notes to the Consolidated Financial Statements

Segment income statement for the year ended December 31, 2017

Contribution of portfolio companies Eurazeo Capital Eurazeo PME Eurazeo Patrimoine

Asset management activity

Investment activity

2017

(In millions of euros)

Revenue

3,440.2

30.2

20.8

1,919.9

1,190.6

278.8

Contribution of investment and asset management activities *

526.2

513.8

12.4

Other items

(4.4)

-

Operating income before other income & expenses

810.6

509.4

12.4

106.4

123.8

58.5

Acquisition costs

22.2 15.9 18.8 39.5

- - -

- - -

Non-recurring employee benefits expense Remeasurement of inventory (goodwill allocation)

Other non-recurring items

0.1

9.2

Adjusted EBIT

394.1

202.3

123.9 27.2 151.1

67.9 19.0 86.9

Charges to/reversals of deprec., amort. & provisions

86.5

Adjusted EBITDA

526.8

288.8

Impairment

(26.8)

- -

Net income of associates

-

Transaction costs and financial items

(66.8)

Contribution of investment and asset management activities

415.8 12.4 Before impairment, transaction costs and financial items (for the investment activity) – before financial items and net income of associates (for the asset * management activity).

4

Segment net debt as of December 31, 2017

Contribution of portfolio companies Eurazeo Capital Eurazeo PME Eurazeo Patrimoine

Asset management activity

Investment activity

12/31/2017

(In millions of euros)

Borrowings Cash assets

3,295.1 (904.5) 2,390.6

-

-

2,035.0 (325.5) 1,709.5

752.2 (112.0) 640.2

508.0 (78.9) 429.1

(385.5) (385.5)

(2.7) (2.7)

IFRS NET DEBT

Eurazeo

229

2018 Registration Document