SAINT_GOBAIN_REGISTRATION_DOCUMENT_2017

Financial and accounting information Compagnie de Saint-Gobain 2017 annual financial statements (parent company)

Analysis of “Other receivables” (in EUR thousand)

2017

2016

Current account advances to subsidiaries

1,128,524

1,886,234

Mark-to-market adjustments to swaps and options (1)

60,139 25,848 16,732

233,402 27,492

Accounts receivable - Group

Accruals for income and credit notes receivable

0

Tax receivables

1,954

1,277 1,280 1,348

Accruals for income and credit notes receivable - Group

799 769 417 374

Accounts receivable - External companies

Prepayments to suppliers Income tax prepaiements

788

11,626

Other

1,053

1,302

TOTAL 2,164,749 All mark-to-market adjustments to swaps and options that represent debit entries are recorded as assets on the balance sheet under “Other receivables” and those representing credit entries (1) are recorded as liabilities on the balance sheet under “Other payables.” 1,236,609

€3.4 million worth of units in a euro-denominated money „ market fund; and 43,500 treasury shares. „ In 2017, 1,293,253 shares were purchased under this agreement (2016: 1,325,926 shares) and 1,249,753 shares were sold (2016: 1,339,926 shares).

Marketable securities Marketable securities amounted to €1,369 million at December 31, 2017. They consist mainly of €1,287 million worth of units in money market funds, representing the investment of funds held by the cash pool managed by the Company on behalf of the Group to yield a return on temporary cash surpluses. The securities also include 1,780,215 treasury shares held to cover performance share plans and other allocation to employees. Finally, marketable securities include those held under a liquidity agreement the Company entered into on November 16, 2007 with Exane BNP Paribas. This agreement complies with the code of ethics issued by the Association française des marches financiers (AMAFI), which is recognized by the Autorité des marchés financiers (AMF). It came into effect on December 3, 2007 for an initial period ending on December 31, 2007, since when it has been automatically renewable. Under this liquidity agreement, at December 31, 2017 the Company held:

Deferred charges (in EUR thousand)

2017

2016

Bond issuance costs Syndicated credit facility arrangement fees DEFERRED CHARGES

47,216

55,271

10,271 57,487

7,250

62,521

In 2017, new debt issuance costs recorded under “Deferred charges” totaled €19.5 million and amortization for the year amounted to €24.6 million. The corresponding refinancing transactions are presented in Note 13.

NOTE 10

SHAREHOLDERS’ EQUITY

Changes in capital stock 10.1 Par value at Decemberb31, 2016: 4beuros Par value at Decemberb31, 2017: 4beuros

9

Amount (EUR thousand)

Numberof shares

CAPITAL STOCK AT JANUARYb1, 2017

555,280,358

2,221,121

Shares issued under the Group Savings Plan on May 17, 2017 Shares issued upon exercise of stock options on August 31, 2017

4,593,807

18,375

482,685

1,931

Shares cancelled on September 29 2017 Shares cancelled on November 30 2017

(5,000,000) (2,000,000)

(20,000) (8,000)

Shares issued upon exercise of stock options on December 31, 2017

200,241

801

CAPITAL STOCK AT DECEMBERb31, 2017

553,557,091

2,214,228

287 SAINT-GOBAIN - REGISTRATION DOCUMENT 2017