RUBIS_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS 9 2017 separate financial statements, notes and other information

NOTE 4. Notes relating to selected income statement items

INCOME TAX (in thousands of euros)

Tax base

Rate

Gross tax

Credit

Net tax

Corporation tax on net income at standard rate

34.43%

(428)

(428)

Corporation tax calculated on expenses related to capital increases allocated to share premiums

254

34.43%

87

87

Tax on income distributed

909

909

Request for the refund of tax on income paid out in dividends

(2,568) (9,093) (10,665)

(2,568) (9,093) (11,093)

Expense/(benefit) relating to tax consolidation

TOTAL

(428)

Rubis is taxed under the system for parent companies and subsidiaries. Until 2015, dividends paid by subsidiaries that were part of the tax group were exonerated in full from

income tax. From 2016, these dividends are subject to taxation on a share of costs and expenses amounting to 1%.

Rubis has opted for the tax consolidation regime since January 1, 2001. The scope of consolidation is as follows:

Date of inclusion of companies into the tax consolidation group at the reporting date January 1, 2001 Rubis Rubis Terminal January 1, 2006 Rubis Énergie Rubis Antilles Guyane SIGL Sicogaz Starogaz January 1, 2011 Frangaz ViTO Corse January 1, 2012 Société Antillaise des Pétroles Rubis (SAPR)

Rubis Guyane Française (RGF) Rubis Caraïbes Françaises (RCF)

January 1, 2013

Coparef Vitogaz France

January 1, 2014 January 1, 2016

Rubis Restauration et Services (RRS)

Société Réunionnaise de Produits Pétroliers (SRPP)

• tax savings made by the Group are recognized in the income statement by the parent company; • tax savings are not reallocated to subsidiaries, except in the event of an exit from the Group.

The agreed breakdown of tax is as follows (unless otherwise agreed): • tax expenses are borne by the companies as if there were no tax consolidation, with the exception of the exceptional contribution of 15% in 2017;

Under these agreements, each company calculates its tax as if there were no tax consolidation, the parent company being the only one liable for corporation tax. Rubis is the parent company of the tax consolidation group.

2017 Registration Document I RUBIS 240