TECHNICOLOR_REGISTRATION_DOCUMENT_2017

- 6 FINANCIAL STATEMENTS

Notes to the consolidated financial statements

Operating income & charges 3.3. [G4-EC4] GRI

Research & development expenses 3.3.1.

2017 (186)

2016* (204)

(in million euros)

Research and development expenses, gross

Capitalized development projects

48

49

Amortization of capitalized development projects

(46)

(36)

Subsidies (1)

12

14

RESEARCH AND DEVELOPMENT EXPENSES, NET

(172)

(177)

Include mainly research tax credit granted by the French State. (1)

Selling & administrative expenses and other operation income (expenses) 3.3.2.

2017 (145) (210)

2016* (162) (222) (384)

(in million euros)

Selling and marketing expenses General and administrative expenses

SELLING AND ADMINISTRATIVE EXPENSES

(355)

OTHER INCOME (EXPENSE)

(11)

1

2016 amounts are re-presented to reflect the impacts of Discontinued Operations (see note 12) *

195

TECHNICOLOR

REGISTRATION DOCUMENT 2017