SCH2017_DRF_EN_Livre.indb

5 Consolidated financial statements at December 31, 2017 Notes to the consolidated financial statements

Total current and non-current financial assets

NOTE 15

15.1 – Non-current financial assets Non-current financial assets, primarily comprising investments, are detailed below:

Dec. 31, 2017

Dec. 31, 2016

Acquisition cost

Revaluation Fair value

Fair value

% interest

I – LISTED FINANCIAL ASSETS NVC Lighting Gold Peak Industries Holding Ltd Total listed financial assets II – UNLISTED FINANCIAL ASSETS FCPR SEV1

9.0% 4.4%

123

(100)

23

35

6

(3)

3

3

129

(103)

26

38

100% 43.8% 100% 34.6% 63.1% 15.2% 100%

6

9

15 26 36

17 23 32

FCPR Aster II (part A, B and C)

33 36

(7)

FCPR Growth

-

FCPI Energy Access Ventures Fund

5

(2)

3

3

SICAV SESS

10

1

11

11

SICAV Livelihoods Fund SIF Renewable Choice Energy Inc. (1)

3

- - - - -

3

3

-

-

20

Raise Fundation Shenzhen Aster

4.8%

9

9

9

30.4% 100%

13

13

- -

Foundries (2)

7 9

7 6

Others (3)

(3)

5

Total unlisted financial assets

131

(2)

129

123

Pensions assets

182

- -

182

247 131 539

Other

99

99

TOTAL NON-CURRENT FINANCIAL ASSETS

541

(105)

436

(1) Company consolidated in 2017. (2) Company purchased in 2017. (3) Unit gross value lower than EUR3 million.

Changes in fair value for NVC Lighting and Gold Peak Industries Holding Ltd are recorded through “Other Comprehensive Income” since 2017 (note 1.2). Gains or losses realized upon sale will be maintained in “Other Comprehensive Income” (no recycling in income statement). The fair value of investments quoted in an active market corresponds to the stock price on the balance sheet date.

NVC Lighting investment was acquired in July 2011 in the framework of a partnership that gives Schneider Electric an exclusive access to NVC Lighting’s diffused and well established channels. In 2016, the cumulated change in fair value of NVC Lighting investment, determined based on its price share, corresponded to a loss of value of EUR106 million at closing rate, and had been recorded in the income statement.

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