TECHNICOLOR_REGISTRATION_DOCUMENT_2017

- 6 FINANCIAL STATEMENTS Technicolor 2017 consolidated financial statements

Note

December 31, 2017

December 31, 2016

(in million euros)

EQUITY & LIABILITIES Common stock (414,461,178 shares at December 31, 2017 with nominal value of 1 euro per share)

(7.1)

414

413

(7.2)

Treasury shares

(158)

(157)

Subordinated Perpetual Notes Additional paid-in capital & reserves Cumulative translation adjustment

500 (38)

500

174

(385)

(229)

Shareholders' equity attributable to owners of the parent

333

701

Non-controlling interest

3

3

TOTAL EQUITY

336

704

(9.2) (10.1)

Retirement benefits obligations

355

376

Provisions

23 59

35

(5.1)

Other operating non-current liabilities Total operating non-current liabilities

153

437

564 998

(8.3) (6.2)

Borrowings

1,077

Deferred tax liabilities

193

217

TOTAL NON-CURRENT LIABILITIES

1,707

1,779

(9.2) (10.1)

Retirement benefits obligations

27

28

Provisions

110 947 129 334

133 992 152 504

Trade accounts and notes payable Accrued employee expenses Other current operating liabilities Total operating current liabilities

(5.1)

1,547

1,809

(8.3)

Borrowings

20 33

52 35

Income tax payable

(8.1) (12)

Other current financial liabilities Liabilities classified as held for sale TOTAL CURRENT LIABILITIES

1

2

68

-

1,669

1,898 3,677

TOTAL LIABILITIES

3,376

TOTAL EQUITY & LIABILITIES

3,712

4,381

The accompanying notes on pages 183 to 251 are an integral part of these consolidated financial statements.

179

TECHNICOLOR

REGISTRATION DOCUMENT 2017