SAINT_GOBAIN_REGISTRATION_DOCUMENT_2017

9

Financial and accounting information Compagnie de Saint-Gobain 2017 annual financial statements (parent company)

NOTE 12

PROVISIONS

Write-backs of surplus

Write-backs of utilized provisions

At Decemberb31, 2017

At Januaryb1, 2017

Charge for the year

provisions Other (transfers)

(in EUR thousand)

Untaxed provisions Reinvested capital gains

3,247

0 0 0

0 0 0 0 0 0 0

0 0 0

0

3,247

Other

0

0

3,247

0

3,247

Provisions for contingencies Provisions for taxes

83,422

2,170

(22,858)

(34,551)

28,183

Provisions for stock option plan costs Provisions for other contingencies

0

0

0 0

0

0

1,697

340

(607)

1,430

85,119

2,510

(22,858)

(35,158)

29,613

Provisions for charges Provisions for pensions and other post-employment benefit obligationsɸ (1) Provisions for performance share and performance unit plan costs

132,077

9,190

(3,971)

0

(971)

136,325

78,634

48,754

(22,485)

0 0 0

0

104,903

Provisions for other charges

691

128

(191)

(30)

598

211,402

58,072

(26,647)

(1,001)

241,826

Provisions for impairment Investments in subsidiaries and affiliates

30,068

0

0

0

0 0 0 0 0

30,068

Other investment securities

102

1,385

(70)

(4)

1,413

Doubtful receivables Marketable securities

0 0

0

0 0

0 0

0

33

33

30,170

1,418

(70)

(4)

31,514

Impact on operating income Impact on net financial income Impact on exceptional items

9,189

(3,981)

0

0 0

54

0

(4)

52,758 0 The Company’s obligations with respect to supplementary pension plans and other post-employment benefits are measured using the actuarial method of projected unit credits based on (1) end-of-career salaries and employees’ vested rights at the measurement date. Actuarial gains and losses arising in the year under defined-benefit retirement plans are recognized immediately and in full in the income statement. The discount rate used was 1.70% in 2017, and 1.80% in 2016. (22,736) (22,858)

292 SAINT-GOBAIN - REGISTRATION DOCUMENT 2017