SAINT_GOBAIN_REGISTRATION_DOCUMENT_2017
Financial and accounting information 2017 Consolidated financial statements
NOTE 6
INVESTMENTS IN EQUITY-ACCOUNTED COMPANIES AND OTHER
NON-CURRENT ASSETS
Changes in investments in equity-accounted companies 6.1. Changes in investments in equity-accounted companies in 2017 and 2016 can be analyzed as follows: (inɸ€ millions) 2017
2016
At January b 1 Group share in: Associates
181 183 364
140 168 308
Joint ventures
TOTAL
Goodwill
12
11
INVESTMENTS IN EQUITY-ACCOUNTED COMPANIES
376
319
Changes during the year Group share in net income of: Associates
3
11 25 36
Joint ventures
30 33
TOTAL
Dividends paid
(20) (18)
(16)
Translation adjustments
7 3
Transfers, share issues and other movements Changes in Group structure and acquisitions
6 2 3
27 57
TOTAL CHANGES At Decemberb31 Group share in: Associates
173 187 360
181 183 364
Joint ventures
TOTAL
Goodwill
19
12
INVESTMENTS IN EQUITY-ACCOUNTED COMPANIES
379
376
The principal financial aggregates of equity-accounted companies are as follows:
2017
2016
Associates Joint ventures
Total 1,498
Associates Joint ventures
Total 1,383
(inɸ€ millions)
Net sales
789
709
710
673
Net income
28
67
95
26
54
80
Current assets
495 533 227 801 592
310 337 145 502 409
805 870 372
458 526 235 749 580
283 321 126 478 401
741 847 361
Non-current assets Current liabilities Non-current liabilities Shareholders' equity
1,303 1,001
1,227
9
981
Transactions with equity-accounted 6.2. companies – related-parties The consolidated financial statements include transactions conducted by the Group in the normal course of its businesses with associates and joint ventures. These transactions are carried out on an arm’s length basis.
The assets and liabilities of equity-accounted companies at December 31 are as follows: (inɸ€ millions) Dec.b31, 2017 Dec.b31, 2016 Financial receivables 1 1 Inventories 0 0 Short-term receivables 7 8 Cash and cash equivalents 0 0 Provisions for asset impairment 0 0 Short-term debt 2 2 Cash advances 0 0
249 SAINT-GOBAIN - REGISTRATION DOCUMENT 2017
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