FFP_REGISTRATION_DOCUMENT_2017

5

FINANCIAL STATEMENTS

Consolidated financial statements

NOTE 5

INCOME FROM OTHER ACTIVITIES

31/12/2017

31/12/2016

(in thousands euros)

Income Sales of merchandise

4,313

3,675

239

292

Other revenue

Change in inventories

(837)

(796)

INCOME STATEMENT IMPACT

3,715

3,171

NOTE 6

GENERAL ADMINISTRATIVE EXPENSES

31/12/2017

31/12/2016

(in thousands euros)

Administrative expenses Staff

(11,223) (11,204)

(8,153) (6,045) (3,100)

External expenses Other expenses

2,272

GROSS INCOME STATEMENT IMPACT

(20,155)

(17,298)

Depreciation and amortisation of non-current assets (excluding investment properties)

(355)

(345)

INCOME STATEMENT IMPACT

(20,510)

(17,643)

Other external expenses include €2,980 thousand of tax relief receivable from the French government relating to dividend tax for the 2015 and 2016 financial years.

NOTE 7

CASH MANAGEMENT INCOME

31/12/2017

31/12/2016

(in thousands euros) Income Cash investments  W Disposal gains  W Other income

- - - - -

6

1,137 1,143

GROSS INCOME STATEMENT IMPACT

(1)

Remeasurement at fair value

INCOME STATEMENT IMPACT

1,142

NOTE 8

IMPAIRMENT OF AVAILABLE-FOR-SALE SECURITIES

31/12/2017

31/12/2016

(in thousands euros)

Portfolio Investment Securities INCOME STATEMENT IMPACT

(4,446) (4,446)

(1,186) (1,186)

130

FFP

2017 REGISTRATION DOCUMENT