RUBIS_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS 9

2017 consolidated financial statements and notes

12/31/2016*

Rubis Support and Services

Parent company

Intra-group eliminations

Rubis Terminal

Rubis Énergie

Total

(in thousands of euros)

Sales revenue

288,216

2,153,056

562,608

3,003,880

Intersegment sales revenue

5,504 5,504

(5,504) (5,504)

SALES REVENUE

288,216 2,153,056

562,608 95,387 62,236

3,003,880

EBITDA

74,766 53,587

256,521 199,161

(15,179) (15,309)

411,495 299,675

EBIT

Share of net income from joint ventures OPERATING INCOME AFTER PROFIT/LOSS FROM JOINT VENTURES

6,798

6,798

58,180 (33,779) (15,671) 41,164

203,020 (12,667) (35,760) 148,493

62,143

(15,325)

308,018 (13,159) (64,320) 227,377

Cost of net financial debt

322

2,485

480

Income tax expense TOTAL NET INCOME

(11,089) 51,874

(1,800) (14,154)

* The allocation of costs between the Rubis Énergie and Rubis Support and Services segments was changed for financial year 2016.

6.1.2 Balance sheet items by business segment

12/31/2017

Rubis Support and Services

Parent company

Intra-group eliminations

Rubis Terminal

Rubis Énergie

Total

(in thousands of euros)

Fixed assets

640,842

1,819,989

154,030

23,991

(305)

2,638,547

Equity interests

6,191

282,956

987,535 (1,248,178)

28,504 37,747

Investments in joint ventures

37,747

Deferred tax assets Segment assets TOTAL ASSETS

103

2,155

4,771

7,029

159,274

805,501

399,334

598,660

(262,399)

1,700,370 4,412,197 2,078,430 1,511,930

844,157 2,910,601

558,135 1,610,186 (1,510,882)

Consolidated shareholders’ equity

411,134 299,126 21,681 112,216 299,126 41,302 257,824 48,442

1,058,727 1,181,882

305,556 29,599

1,563,067 (1,260,054)

Financial liabilities

1,631

(308)

Deferred tax liabilities Segment liabilities TOTAL LIABILITIES

14,224 655,768

692

34,341 11,147

70,938 750,899

222,288

(250,520)

844,157 2,910,601

558,135 1,610,186 (1,510,882)

4,412,197 1,511,930

Borrowings and financial debt Cash and cash equivalents NET FINANCIAL DEBT CAPITAL EXPENDITURE

1,181,882 308,983 872,899 114,140

29,599 93,723

1,631

(308)

381,294

825,302 686,628 205,717

(64,124) 20,475

(379,663)

(308)

22,660

12/31/2016

Rubis Support and Services

Parent company

Intra-group eliminations

Rubis Terminal

Rubis Énergie

Total

(in thousands of euros)

Fixed assets

518,811

1,391,790

166,764

803

(305)

2,077,863

Equity interests

4

176,376

784,535

(957,600)

3,315

Investments in joint ventures

129,922

129,922 12,521

Deferred tax assets Segment assets TOTAL ASSETS

80

7,430

5,011

144,265

639,075

344,697

700,777

(337,839)

1,490,975 3,714,596 1,986,435 1,061,338

793,082 2,214,671

516,472 1,486,115 (1,295,744)

Consolidated shareholders’ equity

412,910 273,737 10,881 95,554 273,737 16,833 256,904 66,715

775,847 737,655 12,664 688,505 737,655 269,481 468,174 73,623

313,377 48,743

1,446,425

(962,124)

Financial liabilities

1,511

(308)

Deferred tax liabilities Segment liabilities TOTAL LIABILITIES

26,052 12,127

49,597 617,226

154,352

(333,312)

793,082 2,214,671

516,472 1,486,115 (1,295,744)

3,714,596 1,061,338

Borrowings and financial debt Cash and cash equivalents NET FINANCIAL DEBT CAPITAL EXPENDITURE

48,743 141,882 (93,139) 22,040

1,511

(308)

2017 Registration Document I RUBIS

405,456

833,652 227,686 162,545

(403,945)

(308)

167

225