FINANCIAL AND ACCOUNTING INFORMATION Consolidated balance sheet AS OF DECEMBER 31, (in millions of euros) NOTE 2017 2016 ASSETS Goodwill 12.1 3,914.9 4,300.2 Intangible assets 12.1 1,049.7 1,109.5 Property, plant and equipment 12.2 272.0 282.4 Long-term investments 12.3 38.0 41.8 Deferred tax assets 11.2 95.9 128.4 Total non-current assets 5,370.4 5,862.3 Inventories 13.1 1,543.8 1,579.3 Trade accounts receivable 13.2 2,077.0 2,187.3 Current tax assets 48.1 23.5 Other accounts receivable 13.3 495.8 489.6 Assets held for sale – 0.3 Cash and cash equivalents 14 563.6 619.3 Total current assets 4,728.3 4,899.3 Total assets 10,098.7 10,761.6 EQUITY Share capital 16 1,516.7 1,514.5 Share premium 16 1,559.2 1,561.2 Reserves and retained earnings 1,085.5 1,302.4 Total equity attributable to equity holders of the parent 4,161.4 4,378.1 Non-controlling interests 2.2 5.2 Total equity 4,163.6 4,383.3 LIABILITIES Interest bearing debt (non-current part) 22 2,450.5 2,195.1 Net employee defined benefit liabilities 21.2 319.9 338.5 Deferred tax liabilities 11.2 173.7 240.0 Provision and other non-current liabilities 20 56.3 84.8 Total non-current liabilities 3,000.5 2,858.3 Interest bearing debt (current part) 22 155.5 603.6 Accrued interest 22 6.3 6.3 Trade accounts payable 2,034.8 2,179.0 Income tax payable 34.8 37.5 Other current liabilities 24 703.2 693.5 Total current liabilities 2,934.6 3,519.9 Total liabilities 5,935.0 6,378.3 Total equity and liabilities 10,098.7 10,761.6 The accompanying notes are an integral part of these consolidated financial statements. REXEL 2017 – REGISTRATION DOCUMENT 216