FFP_REGISTRATION_DOCUMENT_2017

5

FINANCIAL STATEMENTS

Consolidated financial statements

The presentation of Net Asset Value having changed, private equity funds are now broken down by type, and co-investments are reported separately from private equity funds. The reclassification of the cost price of investments at the start of the period is presented in the table below.

16.2 RECLASSIFICATION OF PRIVATE EQUITY FUNDS

French LBO funds

Emerging- market funds

Subscription commitments

A 31 December 2016 Cost

Other funds

(in thousands euros)

Private equity funds

Leverage buyout funds

17,793

-

15,675

- - - - -

33,468 42,237

Expansion funds

- - - - - - - -

42,160

77

Technology growth funds

-

9,298 3,128

9,298 3,715

Real-estate funds

587

Other funds

- -

10,926

10,926 168,949 268,593 80,583 50,570 131,153 399,746

Subscription commitments Total private equity funds

-

168,949 168,949

17,793

42,747

39,104

Co-investments

- - -

- - -

-

Subscription commitments

50,570 50,570

Total co-investments

TOTAL

17,793

42,747

39,104

219,519

136

FFP

2017 REGISTRATION DOCUMENT