SAINT_GOBAIN_REGISTRATION_DOCUMENT_2017

Financial and accounting information 2017 Consolidated financial statements

Consolidated statement of recognized income and expense

Notes

2017 1,625

2016 1,352

(inɸ€ millions) NET INCOME

Items that may be subsequently reclassified to profit or loss Translation adjustments

(1,048)

(217)

Changes in fair value of financial instruments

(8)

(169)

10

Tax on items that may be subsequently reclassified to profit or loss Items that will not be reclassified to profit or loss Changes in actuarial gains and losses Tax on items that will not be reclassified to profit or loss Liability method on items that will not be reclassified to profit or loss and other INCOME AND EXPENSE RECOGNIZED DIRECTLY IN EQUITY TOTAL RECOGNIZED INCOME AND EXPENSE FOR THE YEAR

59

(3)

(4)

465 (89)

(366)

(10)

76

(10)

(254)

(49)

(1,036)

(549)

589 563

803 766

Group share

Minority interests

26

37

The accompanying notes are an integral part of the consolidated financial statements.

Consolidated statement of cash flows

Notes

2017 1,566

2016 1,311

(inɸ€ millions)

GROUP SHARE OF NET INCOME Minority interests in net income

(a) (6) (3) (3)

59

41

Share in net income of equity-accounted companies, net of dividends received

(13)

(20)

Depreciation, amortization and impairment of assets

1,442

1,369

Gains and losses on disposals of assets

(46)

2

Unrealized gains and losses arising from changes in fair value and share-based payments

16

42

Changes in inventory

(3)

(348)

(173)

Changes in trade accounts receivable and payable, and other accounts receivable and payable

(3) (3)

139 236

72

Changes in tax receivable and payable

(135) (544) 1,965

Changes in deferred taxes and provisions for other liabilities and charges

(4)(7)(10)

(286) 2,765

9

NET CASH FROM OPERATING ACTIVITIES

Acquisitions of property, plant and equipment [2017: (1,538), 2016: (1,370)] and intangible assets Increase (decrease) in amounts due to suppliers of fixed assets Acquisitions of shares in consolidated companies [2017: (553), 2016: (252)], net of cash acquired

(5) (3)

(1,722)

(1,521)

99

24

(492)

(233) (110)

Acquisitions of other investments Increase in investment-related liabilities Decrease in investment-related liabilities

(6) (7) (7)

(84)

17

15 (9)

(42)

Investments

(2,224)

(1,834)

Disposals of property, plant and equipment and intangible assets Disposals of shares in consolidated companies, net of cash divested

(5)

183

85 49

4 1

Disposals of other investments

(6)

1

221 SAINT-GOBAIN - REGISTRATION DOCUMENT 2017