FFP_REGISTRATION_DOCUMENT_2017

5

FINANCIAL STATEMENTS

Consolidated financial statements

16.7 CHANGES

A. Investments in associates

31/12/2017

31/12/2016

(in thousands euros)

Carrying amount at 1 January

222,067 20,094 20,860 (14,881)

285,619 (30,194) 18,002

Movements in cost price

Share in the profit or loss of associates

Other changes taken to equity

(6,360)

Releases of impairment

- -

-

Transfers to available-for-sale securities CARRYING AMOUNT AT 31 DECEMBER

(45,000) 222,067

248,140

B. Available-for-sale assets: investments in non-consolidated companies

31/12/2017 2,967,371 (1,280,997) 1,686,374

31/12/2016 2,685,762 (1,260,860) 1,424,902

(in thousands euros)

Carrying amount at 1 January

Reversal of fair value measurement at 1 January

Cost price at 1 January

Transfers of investments in associates

-

45,000 216,472

Movements in cost price

89,505

Final cost price

1,775,879

1,686,374

Fair value measurement at the balance sheet date: cumulative impairment Fair value measurement at the balance sheet date: unrealised gains or losses

(97,191)

(97,191)

1,662,725 3,341,413

1,378,188 2,967,371

CARRYING AMOUNT AT 31 DECEMBER

C. Available-for-sale assets: Portfolio Investment Securities

31/12/2017 485,239 (43,030) 442,209 196,717 638,926 (21,067) 127,351 745,210

31/12/2016 363,219 (39,556) 323,663 118,546 442,209 (28,124) 71,154 485,239

(in thousands euros)

Carrying amount at 1 January

Reversal of fair value measurement at 1 January

Cost price at 1 January Movements in cost price

Final cost price

Fair value measurement at the balance sheet date: cumulative impairment Fair value measurement at the balance sheet date: unrealised gains or losses

CARRYING AMOUNT AT 31 DECEMBER

142

FFP

2017 REGISTRATION DOCUMENT