LEGRAND_REGISTRATION_DOCUMENT_2017

08 CONSOLIDATED FINANCIAL INFORMATION CONCERNING

THE GROUP’S ASSETS, LIABILITIES, FINANCIAL POSITION AND RESULTS Consolidated financial statements in accordance with IFRS for the years ended December 31, 2017 and December 31, 2016

December 31, 2016

Assets under construction and other

Machinery and equipment

Total

Land

Buildings

(in € millions)

Gross value At the beginning of the period

60.3

595.1

1,699.9

272.4

2,627.7

W Acquisitions

0.2

4.0

38.7

70.3

113.2

W Disposals

(0.2)

(3.8)

(60.3)

(12.9)

(77.2)

W Transfers and changes in scope of consolidation

(4.0)

22.7

37.6

(32.0)

24.3

W Translation adjustments

0.6

4.5

5.8

2.6

13.5

At the end of the period

56.9

622.5

1,721.7

300.4

2,701.5

Depreciation and impairment At the beginning of the period

(9.1)

(389.3)

(1,479.6)

(187.5)

(2,065.5)

W Depreciation expense

(0.2)

(16.4)

(66.9)

(13.6)

(97.1)

W Reversals

0.0

3.0

59.4

12.0

74.4

W Transfers and changes in scope of consolidation

9.3

(8.1)

(6.4)

(1.5)

(6.7)

W Translation adjustments

0.0

(2.4)

(4.8)

(2.0)

(9.2)

At the end of the period

0.0

(413.2)

(1,498.3)

(192.6)

(2,104.1)

Net value At the beginning of the period

51.2

205.8

220.3

84.9

556.6

W Acquisitions/Depreciation

0.0

(12.4)

(28.2)

56.7

16.1

W Disposals/Reversals

(0.2)

(0.8)

(0.9)

(0.9)

(2.8)

W Transfers and changes in scope of consolidation

5.3

14.6

31.2

(33.5)

48.0

W Translation adjustments

0.6

2.1

1.0

0.6

4.3

At the end of the period

56.9

209.3

223.4

107.8

597.4

3.3.2 Property, plant and equipment held under finance leases

December 31, 2017

December 31, 2016

(in € millions)

Buildings

21.8

21.8

Other

0.3

0.9

Gross value at the end of the period

22.1

22.7

Less accumulated depreciation

(12.0)

(11.7)

NET VALUE AT THE END OF THE PERIOD

10.1

11.0

3.3.3 Liabilities recorded in the balance sheet arising from finance leases

December 31, 2017

December 31, 2016

(in € millions)

Long-term borrowings

8.0

9.6

Short-term borrowings

1.3

1.3

TOTAL

9.3

10.9

248

REGISTRATION DOCUMENT 2017 - LEGRAND