Saint Gobain - Registration document 2016

9 FINANCIAL AND ACCOUNTING INFORMATION

3. Compagnie de Saint-Gobain annual financial statements (parent company)

Wendel. part of an accelerated bookbuilding process completed by which 10 million shares were bought back on May 3, 2016, as total of €417 million (€43.7 million aggregate par value) of 10,920,230 treasury shares with a par value of €4 each, for a During 2016, Compagnie de Saint-Gobain bought back Of these 10,920,230 treasury shares: €41.7 million par value; cancellation, for an amount of €400,5 million, of which 10,420,230 shares have been allocated as shares for ‹

performance share plans and other allocation to employees. allocated to marketable securities held for the coverage of €16,5 million, of which €2 million par value, has been the balance of 500,000 shares, for an amount of ‹ 10,984,088 shares were cancelled on May 30, 2016. of existing purchase stock option plans. In 2015 and in 2016, no treasury shares were remitted as part 1,230,716 treasury shares, all allocated to the coverage of At December 31, 2016, Compagnie de Saint-Gobain held (see Note 9 “Marketable securities”). performance share plans and other allocation to employees

NOTE 9

CURRENT ASSETS

Maturities of receivables reported under “Current assets”

Due

Gross

Within 1 year

Beyond 1 year

(in EUR thousand)

Other receivables

2,164,749

2,164,377

372

Prepayments

836

836

0

TOTAL

2,165,585

2,165,213

372

Provision for doubtful receivables

-

-

-

Analysis of “Other receivables”

2016

2015

(in EUR thousand)

Current account advances to subsidiaries

1,886,234

1,204,402

Mark-to-market adjustments to swaps and options (1)

233,402

256,211

Accounts receivable - Group

27,492

21,796

Income tax prepayments

11,626

7,518

Accounts receivable - External companies

1,348

957

Accruals for income and credit notes receivable - Group

1,280

1,201

Tax receivables

1,277

2,791

Prepayments to suppliers

788

247

Withholding taxes

0

95

Other

1,302

2,149

TOTAL

2,164,749

1,497,367

representing credit entries are recorded as liabilities on the balance sheet under “Other payables”. All mark-to-market adjustments to swaps and options that represent debit entries are recorded as assets on the balance sheet under “Other receivables” and those (1)

Marketable securities

December 31, 2016. Marketable securities amounted to €1,982 million at market funds, representing the investment of funds held by They consist mainly of €1,934 million worth of units in money Group to yield a return on temporary cash surpluses. the cash pool managed by the Company on behalf of the cover employee share-based payment plans. The securities also include 1,230,716 treasury shares held to

came into effect on December 3, 2007 for an initial period recognized by the Autorité des marchés financiers (AMF). It française des marches financiers (AMAFI), which is complies with the code of ethics issued by the Association November 16, 2007 with Exane BNP Paribas. This agreement liquidity agreement the Company entered into on Finally, marketable securities include those held under a automatically renewable. ending on December 31, 2007, since when it has been

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SAINT-GOBAIN - REGISTRATION DOCUMENT 2016

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