2017 REGISTRATION DOCUMENT

BOURBON 2017 Registration Document 131 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements 4 Moreover, the 2018-2022 business plan and normative cash flows were established on the basis of a euro/US dollar exchange rate of 1.20. The table below shows the impact of an exchange rate fluctuation of +/-5 euro cents on these estimated values in use: Impact on the CGUs’ value in use (in € millions) USD/EUR rate: -5 cts, i.e . EUR1 = USD1.15 USD/EUR rate: +5 cts, i.e . EUR1 = USD1.25 Marine Services – DEEP 67.6 (59.3) Marine Services – SHALLOW 63.0 (41.1) Marine Services – CREW 68.7 (85.1) Subsea Services 74.0 (65.0) Taking into account these EUR/USD exchange rate fluctuations, the value in use of each CGU would be as follows: Impact on the CGUs’ value in use (in € millions) USD/EUR rate: -5 cts, i.e . EUR1 = USD1.15 USD/EUR rate: +5 cts, i.e . EUR1 = USD1.25 Marine Services – DEEP 118.6 (8.3) Marine Services – SHALLOW 146.8 42.8 Marine Services – CREW 510.8 356.9 Subsea Services 487.6 348.5 3.2 INTANGIBLE ASSETS Intangible assets can be analyzed as follows: (in € millions) Gross Amortization and impairment Net 01.01.2016 41.0 (23.9) 17.2 Acquisitions 2.9 (6.4) (3.5) Disposals (0.0) 0.0 - Change in scope (0.0) 0.0 (0.0) Currency translation adjustment 0.4 (0.1) 0.3 Reclassification and other changes - - - IFRS 5 reclassification* - - - 12.31.2016 44.3 (30.4) 14.0 Acquisitions 2.5 (2.3) 0.2 Disposals (1.9) 1.9 (0.0) Change in scope - - - Currency translation adjustment (1.4) 0.4 (0.9) Reclassification and other changes (0.3) 0.3 (0.0) IFRS 5 reclassification* - - - 12.31.2017 43.2 (30.0) 13.2 * Reclassification of discontinued operations/operations held for sale.