technicolor - 2018 Registration document

FINANCIAL STATEMENTS

NOTE 3 INFORMATION ON OPERATIONS

Entertainment Services

Connected Home

Corporate & Other (2)

Total

Year ended December 31, 2018

(in million euros)

Statement of operations items Revenues

1,726

2,218

44

3,988

Intersegment sales

-

-

-

-

Earning before Interest & Tax (EBIT) from continuing operations

(72)

(39)

(8)

(119)

Of which: Net impairment losses on non-current operating assets

(79) (26) (15) (133)

(2)

-

(81) (62) (24)

Restructuring costs

(34)

(2) (6) (4)

Other income (expenses) Depreciation & amortization

(3)

(97)

(234)

3

11

2

16

Other non-cash items (1)

Adjusted EBITDA

178

87

1

266

Statements of financial position items Segment assets

1,526

1,530

89

3,145

Unallocated assets

614

TOTAL CONSOLIDATED ASSETS

3,759 2,181 1,306 3,487

Segment liabilities Unallocated liabilities

599

1,190

392

TOTAL CONSOLIDATED LIABILITIES

Other information Net capital expenditures

(81) 594

(79)

(2)

(162)

Capital employed

10

13

617

Mainly variation of provisions for risks, litigations and warranties. (1) Following the presentation of the Patent Licensing business and Research & Innovation activity as Discontinued Operations, “Trademark Licensing” has been included in the (2) Corporate & Other segment.

6

191

TECHNICOLOR REGISTRATION DOCUMENT 2018