technicolor - 2018 Registration document

6 FINANCIAL STATEMENTS NOTE 7 FINANCIAL ASSETS

Subsidiaries and investments at December 31, 2018

7.3

Gross advances, loans and current accounts

Equity after allocation of results

Holding percentage (%)

Holding Number of shares

Revenues of the year

Gross value

Net value

Net income

(in million euros, except number of shares) Affiliates (more than 50% holding percentage) Technicolor USA, Inc. (1)

100.00% 1,005 5,217 100.00% 2,800,000 2,444 100.00% 32,516,195 1,091 96.31% 16,661,120 823 100.00% 3,017,994 543

481 174

481 174

2,207 (177)

176

Thomson Licensing SAS (1)(2)

31

53

42

805 805

481

419

- - -

Gallo 8 SAS (1)

Technicolor Delivery Technologies SAS (1)(3) Sté Fr.d’Invest.et d’Arbitrage – Sofia SA (1)

203

153 1,005 (67)

71

71 51

3

5

Technicolor Canada, Inc. (2)(5) Thomson Angers SAS (4)

87.74% 47,801 100.00% 4,630,001

418 289

418

386

-

14

-

-

N/A N/A

- -

Technicolor Trademark Management SAS 100.00% 13,616,129

214 214 266

4

3

Thomson Multimedia Distribution (Netherlands) BV Thomson Television España SA

100.00%

500 187

6

6

3

- -

-

100.00% 9,928,478

128

-

(56)

-

56

Technicolor Brasil Midia E Entretenimento LTDA The Moving Picture Company Ltd (2) Technicolor Entertainment Services Spain SA Thomson Consumer Electronics (Bermuda) Ltd Technicolor Home Entertainment Services of America SAS

100.00% 34,589,668

100

92

132

146 144

22

- -

100.00%

200 100 100

43

11

100.00% 120,000

66

-

-

1

-

-

100.00% 1,000

66

26

26

-

(4)

-

100.00% 2,096,294 100.00% 1,260,785

72 42 37 25

72

74

95 46 70

1

-

Mikros Image SAS (1)

8

8

(3)

7

Technicolor Asia Pacific Holdings Pte Ltd 100.00% 37,948,000

37 25

49 36

6 8

- - - - - -

RCA Trademark Management SAS

100.00% 1,668,025 100.00% 1,000,000 100.00% 2,466 100.00% 17,020,409 100.00% 6,000

17

Technicolor Hong Kong Ltd Thomson Sales Europe SAS (1)

7 6

- -

- -

- - -

- - - -

Technicolor Animation Productions SAS

19

19

19

Technicolor Milan S.r.l.

2

-

-

2

Thomson Purchasing and Liaison Company N.V.

100.00% 1,000

2

-

-

-

-

-

Total affiliates

N/A

N/A 11,898 2,751

N/A N/A N/A 295

Investments (between 10% and 50% holding percentage) TechFund Capital Europe FCPR

19.80%

500 N/A N/A

-

- 1 1

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

Other

N/A N/A N/A

16 16

Total investments

TOTAL

N/A 11,914 2,752 N/A N/A N/A N/A

N/A: Not applicable. When shares are those of a consolidated Technicolor sub-group, the figures correspond to the sub-group, except for the gross advances, loans and current accounts. (1) Net value based on Discounted Cash Flow adjusted with available cash. (2) The 3.69% other shares are held by Sofia SA. (3) Thomson Angers is in the process of being liquidated. (4) The 12,26% other shares are held by Technicolor Delivery Technologies SAS. (5)

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TECHNICOLOR REGISTRATION DOCUMENT 2018