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20.2 Notes to the consolidated financial statements for the year ended December 31, 2016
FINANCIAL INFORMATION CONCERNING ASSETS,
FINANCIAL POSITION AND FINANCIAL PERFORMANCE
20
NOTE 37.
TRANSITION OF 2015 FINANCIAL STATEMENTS AS REPORTED TO RESTATED 2015
FINANCIAL STATEMENTS
This note recapitulates the main impacts of the adoption of IFRS 5 on the financial statements for the period ended December 31, 2015.
RECONCILIATION OF STATEMENT OF INCOME AS REPORTED TO RESTATED STATEMENT OF INCOME
(in millions of euros)
2015 reported
IFRS 5
adjustments
2015 restated
REVENUE
4,199
(4,166)
33
Other income from operations
5
(4)
0
Cost of sales
(4,492)
3,542
(950)
Gross margin
(288)
(629)
(917)
Research and development expenses
(112)
99
(13)
Marketing and sales expenses
(52)
48
(3)
General and administrative expenses
(165)
77
(88)
Other operating expenses
(863)
589
(274)
Other operating income
91
(83)
8
OPERATING INCOME
(1,388)
100
(1,287)
Share in net income of joint ventures and associates
(21)
(6)
(26)
OPERATING INCOME AFTER SHARE IN NET INCOME OF JOINT VENTURES AND
ASSOCIATES
(1,409)
95
(1,314)
Income from cash and cash equivalents
20
67
87
Gross borrowing costs
(205)
137
(68)
Net borrowing costs
(185)
204
19
Other financial expenses
(477)
400
(77)
Other financial income
348
(336)
12
Other financial income and expenses
(129)
63
(65)
NET FINANCIAL INCOME
(313)
267
(46)
Income tax
(124)
217
93
NET INCOME FROM CONTINUING OPERATIONS
(1,846)
580
(1,267)
Net income after tax from operations sold, discontinued or held for sale
(190)
(580)
(770)
NET INCOME FOR THE PERIOD
(2,036)
-
(2,036)
Including:
Group:
Net income from continuing operations
(1,853)
586
(1,267)
Net income from operations sold, discontinued or held for sale
(185)
(586)
(771)
NET INCOME ATTRIBUTABLE TO OWNERS OF THE PARENT
(2,038)
-
(2,038)
Minority interests:
Net income from continuing operations
7
(7)
0
Net income from operations sold, discontinued or held for sale
(5)
7
2
NET INCOME ATTRIBUTABLE TO MINORITY INTERESTS
2
-
2
Number of shares outstanding
383,204,852
383,204,852
Average number of shares outstanding
383,204,852
383,204,852
Average number of treasury shares
908,871
908,871
Average number of shares outstanding, excluding treasury shares
382,295,981
382,295,981
Earnings per share from continuing operations
(4.85)
(3.31)
Basic earnings per share
(5.33)
(5.33)
Diluted earnings per share
(5.33)
(5.33)
266
2016 AREVA
REFERENCE DOCUMENT