FFP_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS

Consolidated financial statements

NOTE 9

COST OF DEBT

31/12/2017

31/12/2016

(in thousands euros)

Interest on FFP borrowings

(12,840)

(10,175)

Other

(223)

(210)

INCOME STATEMENT IMPACT

(13,063)

(10,385)

Cost of debt includes the impact of interest-rate hedges.

NOTE 10

SHARE IN THE PROFIT OR LOSS OF ASSOCIATES

31/12/2017

31/12/2016

(in thousands euros)

Share in the profit or loss of associates Redford EU II Holdings

(18)

- -

(128)

Redford USA II Holdings

Compagnie Industrielle de Delle (CID)

15,121

14,730

LISI

5,496 (135)

5,447

LDAP

(2,606)

OPCI Lapillus

604 (80)

375

Zéphyr Investissement

56

INCOME STATEMENT IMPACT

20,860

18,002

5 .1

NOTE 11

INCOME TAX

11.1 INCOME TAX EXPENSE

31/12/2017

31/12/2016 (3,218) (15,052) (18,270)

(in thousands euros)

Current tax expense

(137) 3,888 3,751

Deferred tax

INCOME STATEMENT IMPACT

FFP and FFP INVEST have elected to adopt the tax consolidation regime since 1 January 2012.

131

FFP

2017 REGISTRATION DOCUMENT