2017 REGISTRATION DOCUMENT

BOURBON 2017 Registration Document 195 PARENT COMPANY FINANCIAL STATEMENTS Notes to the Company financial statements 5 7/ Receivables and liabilities Receivables and liabilities were valued at their par value. Provisions for impairment of receivables were recognized to compensate for any risks of non-recovery. (in € thousands) Gross amount Less than 1 year More than 1 year Accounts receivable: Other trade receivables - - - Income tax (1) 5,941 5,941 - Value added tax 145 145 Group and associates (2) 897,926 897,926 - Sundry receivables - - - Prepaid expenses 30 30 - TOTAL 904,042 904,042 - (1) The tax receivable corresponds to the expected repayments on the additional contribution to income tax for dividend distributions paid by the Company over the 2014-2017 period. (2) “Group and associates” receivables mainly refer to a current account advance in the amount of €872 million. (in € thousands) Gross amount Less than 1 year one to five years More than 5 years Liabilities: Bank borrowings(1) - falling due less than one year after contracted - - - - - falling due more than one year after contracted - - - - Borrowings and other financial liabilities 1,440 1,440 - - Trade and other payables 1,138 1,138 - - Social security & other social welfare bodies 175 175 - - Income tax 115 115 Other taxes and similar payments 13 13 - - Debt on non-current assets - - - - Group and associates 9,653 9,653 - - Other liabilities 977 977 - - TOTAL 13,509 13,509 - - Footnote (1): Loans taken out - - - - Loans repaid - - - - 8/ Advances to executives Pursuant to Articles L. 225-43 and L. 223-21 of the French Commercial Code, no advances or loans were awarded to executives of the Company.