EURAZEO_REGISTRATION_DOCUMENT_2017

4

CONSOLIDATED FINANCIAL STATEMENTS Notes to the Consolidated Financial Statements

Sources of deferred tax 11.3

12/31/2016

Impact of foreign currency translation

Change inconsol scope

Net income

Impacton equity

12/31/2017 net

net

(In thousands of euros)

Deferred tax sources – Asset items Intangible assets

(294,625) (73,037) (35,860)

5,908

37,875 9,479 32,195 (3,561) 12,645 (2,596)

-

7,960 (242,882)

Property, plant and equipment

1,141

5

729

(61,683) (3,665) (3,840) (15,934)

Investment properties

- -

- - -

- -

Financial assets

(279)

Other assets

(13,899) (5,339)

(14,693)

13

Derivative financial instruments – assets Deferred tax sources – Liability items Provisions

(76)

120

-

(7,891)

(245) 9,824

3,121

(10,709)

-

(30)

(7,863)

Employee benefits

(1,343)

(636) (378) 8,155

(404)

(270)

7,171

Borrowings

(4,398) (7,681) 7,338 7,305 25,710

54

-

6 4

(4,716)

Other liabilities

(75) (97)

7

410

Derivative financial instruments – liabilities

(3,258) (3,241)

(1,280)

-

2,703

Other liabilities

(32,091)

2

(381) (420) 7,611

(28,406) 36,949

Tax losses carried forward

9,592

2,052

15

NET DEFERRED TAX ASSETS (LIABILITIES)

(385,187)

(28,559)

78,022

(1,535)

(329,648)

Deferred tax assets Deferred tax liabilities

32,964 (418,151)

41,619

(371,267)

Deferred tax was calculated using tax rates that will be effective when the asset is realized or the liability settled. Eurazeo group notably took account of the impact of US and French tax reforms.

EQUITY AND EARNINGS PER SHARE NOTE 12

Dividends paid 12.1.2

Equity 12.1 Equity attributable to owners of the Company is €4,722.1 million, or €68.22 per share, as of December 31, 2017. The Eurazeo share price was €77.00 per share as of December 29, 2017. Share capital 12.1.1 As of December 31, 2017, the share capital was €220,561 thousand, comprising 72,315,130 fully paid-up shares of two classes: 72,290,622 ordinary shares and 24,508 preference shares. Eurazeo holds 3,099,284 treasury shares as of December 31, 2017.

2017

2016

(In euros)

Total dividend distribution Dividend paid in cash Dividend paid in shares DIVIDEND PER SHARE PAID IN CASH

78,707,124.00 159,304,584.00 78,707,124.00 159,304,584.00

0.00

0.00

1.20

2.40

The Shareholders’ Meeting of May 11, 2017 approved the distribution of a dividend of €1.20 per share. The total distribution to shareholders was therefore €78,707 thousand. Furthermore, a one-for-twenty bonus share issue was also performed.

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2017 Registration document

Eurazeo