TECHNICOLOR_REGISTRATION_DOCUMENT_2017

- 6 FINANCIAL STATEMENTS Notes to the Parent Company Financial Statements

Subsidiaries and investments at December 31, 2017 7.3.

Gross advances, loans and current accounts

Holding percentage (%)

Holding Number of shares

Equity after allocation of results

Gross value

Net value

Revenues of

the year Net income

(in million euros, except number of shares) Affiliates (more than 50% holding percentage) Technicolor USA, Inc. (1) Thomson Licensing SAS (1)(2)

100.00%

1,005

5,184 2,444 1,091

603 285 415 217

603 285 415 217

2,547

(45)

173 116

100.00% 2,800,000 100.00% 32,516,195 96.31% 16,661,120

131

34 32

Gallo 8 SAS (1)

859 832

- -

Technicolor Delivery Technologies SAS (1)(3)

823

(29)

Sté Fr. d'Invest. et d'Arbitrage – Sofia SA (1) Thomson Sales Europe SA (1)

100.00% 8,883,491

543

58

58

1

4

-

100.00%

2,461

6

1 -

1 -

-

-

- - -

Thomson Angers SAS (4) Technicolor Trademark Management SAS (1)

100.00% 4,630,001 100.00% 13,616,129

289 214

N/A

N/A

214

283

5

3

Thomson Multimedia Distribution (Netherlands) BV Thomson Television España Technicolor Brasil Midia E Entretenimento LTDA Technicolor Entertainment Services Spain SA Thomson Consumer Electronics (Bermuda) Ltd.

100.00%

500

187

6

6

13

-

-

100.00% 9,928,478 100.00% 34,589,668

128 100

-

(56)

-

-

56

92

128

124

8

-

100.00% 120,000

66

-

-

1

-

-

100.00%

1,000

66

29

29

-

-

-

Technicolor Home Entertainment Services of America SAS Mikros Image SAS (1) Technicolor Asia Pacific Holdings Pte Ltd.

100.00% 2,096,294

72

70

70

91

3

-

100.00% 1,260,785 100.00% 37,948,000

42 37

12 37

12

52 86

(2)

- -

56

11

RCA Trademark Management SAS Technicolor Hong Kong Ltd. Thomson Investment India Ltd.

100.00% 1,668,025

25

25

38

23

7

-

100.00% 1,000,000

7 4

-

-

- -

- -

- - - - -

51.00%

51

2

2

Technicolor Animation Productions SASU Technicolor Milan S.r.l.

100.00% 17,020,409

19

18

18

12

(3)

100.00% 100.00%

6,000 1,000

2 2

- -

- 1

2

- -

Thomson Purchasing and Liaison Company NV Korea Branch

-

Total affiliates

N/A

N/A

11,351

2,084

N/A

N/A

N/A

345

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

19.80%

500 N/A N/A

-

- 1 1

2

-

-

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

Other

N/A N/A N/A

16 16

N/A N/A N/A

N/A N/A N/A

N/A N/A N/A

Total investments

TOTAL

N/A 11,367

2,085

Not applicable. N/A: 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)

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TECHNICOLOR

REGISTRATION DOCUMENT 2017