SCH2017_DRF_EN_Livre.indb

6

Parent company financial statements Notes to the financial statements

Marketable securities

NOTE 4

Dec. 31, 2016

Acquisitions

Disposals

Dec. 31, 2017

Number of shares

Number of shares

Value

Value

Value

Value

(in thousands of euros)

TREASURY SHARES Gross

4,057,567

126,713 (14,762)

-

(17,209) (7,815)

109,504 (7,815)

3,456,843

Provisions

-

14,762

-

TOTAL NET

-

111,951

14,762

(25,024)

101,689

-

Marketable securities primarily represent own shares held by the company for allocation to future performance shares plans and, if appropriate, stock-options. In 2017, following the decision of the board to assign own shares to the performance shares plan 25, a provision of EUR8 million has been recognized. This plan will vest on March, 2019.

In 2016, following the decision of the board to assign own shares to the performance shares plan 21, a provision of EUR15 million had been recognized. This plan vested on March 2017 and consequently the provision has been reversed in 2017.

Cash and cash equivalent group

NOTE 5

This item consists of interest-bearing advances by Schneider Electric SE to the Group cash pool (Boissière Finance) that are immediately recoverable on demand.

Prepayment and other assets

NOTE 6

6.1 – Prepaid expenses This approximately EUR1 million item consists mainly of prepaid expenses on insurance costs and fees.

2017 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC

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