TECHNICOLOR_REGISTRATION_DOCUMENT_2017

6 - FINANCIAL STATEMENTS

Notes to the consolidated financial statements

Multi-employer plan 9.2.1.3.

performance between each plan Member are not available, Technicolor accounts for this plan as a defined contribution plan.

Since August 2009, Technicolor participates in the Motion Picture Industry multi-employer defined benefit plan in the U.S. As the information about the dividing up of plan financial position and The average expense incurred each year is around €1 million. Elements of the statement of operations and other comprehensive income 9.2.2. Statements of operations 9.2.2.1. Pension plan benefits Medical Post-retirement benefits Total (in million euros) 2017 2016 2017 2016 2017 2016 Service cost: Current service cost ■ (3) (3) - - (3) (3) Past service cost and gain from settlements ■ 1 3 - - 1 3 Financial interest expense, net: Interest cost on obligation ■ (12) (15) - - (12) (15) Interest income on plan assets ■ 5 6 - - 5 6 COMPONENTS OF DEFINED BENEFIT COSTS RECOGNIZED IN PROFIT OR LOSS (9) (9) - - (9) (9)

Other comprehensive income 9.2.2.2.

Pension plan benefits

Medical Post-retirement benefits

Total

2017

2016

2017

2016

2017

2016

(in million euros)

OPENING

(189)

(146)

Actuarial gains/(losses) arisen on plan assets: due to the return on plan assets ■ Actuarial gains/(losses) arisen on benefit obligation: due to changes in demographic assumptions ■ due to changes in financial assumptions (1) ■

8

11

-

-

8

11

-

1

- - - -

- - - -

-

1

(5) (6) (3)

(58)

(5) (6) (3)

(58)

due to experience adjustments ■

3

3

COMPONENTS OF DEFINED BENEFIT COSTS RECOGNIZED IN OCI

(43)

(43)

CLOSING (189) In 2017, the stability in discount rates (see note 9.2.5) led to no actuarial losses. In 2016 the decrease in discount rates led to actuarial losses amounting to €58 million. (1) (192)

232

TECHNICOLOR REGISTRATION DOCUMENT 2017