Areva - Reference Document 2016

09

9.2 Situation and activities of the company and its subsidiaries by business segment during the year OPERATING AND FINANCIAL REVIEW

9.2.1. SUMMARY OF KEY DATA

In view of the adoption of IFRS 5, the data reported for revenue, operating income, EBITDA, operating cash flow and net debt concern the continuing operations exclusively, i.e. mainly the OL3 project, bioenergy operations in the process of being sold, and AREVA SA funding.

Change 2016/2015

(in millions of euros, except workforce)

2016

2015

Income Reported revenue

10

33

-23

Gross margin

(408) (442)

(917)

+509 +845

Operating income Net financial income

(1,287)

(68) (14)

(46) (26)

-22

Share in net income of joint ventures and associates

+12

Net income from operations sold, discontinued or held for sale

(365) (665) (809) (753)

(770)

+405

Net income attributable to owners of the parent

(2,038) (1,905) (1,825)

+1,373 +1,096 +1,072

Comprehensive income

Comprehensive income attributable to owners of the parent

Cash flows EBITDA

(684)

(630)

-54 -71

Change in operating working capital requirement

95 (7)

166 (12)

Net operating CAPEX Operating cash flow

+5

(590)

(475)

-115

Miscellaneous Net cash (debt)

(1,473) (3,417) 36,241

(6,323) (2,516) 39,761

+4,850

Equity attributable to owners of the parent

-901

Workforce (end of period, including operations held for sale)

-8.9%

Dividend per share

-

-

-

9.2.2. RECONCILIATION OF MAIN AGGREGATES OF 2016

CONDENSED STATEMENT OF INCOME OF THE GROUP’S COMBINED ENTITIES:

Operations sold, discontinued or held for sale

(in millions of euros)

Total

Reported

NewCo

New NP Wind & Solar

AREVA TA Canberra

Revenue

10

4,012

3,101

(1)

353

72

7,538

Operating income Income of associates Net financial income

(442)

440

77 (3)

(71)

46

141

633

(14) (68) 118

10

-

-

-

6

(537) (337) (425)

(54) (41) (21)

2

13

1

(575) (429) (365)

Income tax

-

(28)

(23) 118

Net income from operations sold or held for sale

(365) (770)

(68)

31

Net income

Minority interests

105

NET INCOME ATTRIBUTABLE TO OWNERS OF THE PARENT

(665)

106

2016 AREVA REFERENCE DOCUMENT