Carrefour - 2017 Registration Document

5 CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2017 Notes to the Consolidated Financial Statements CARREFOUR | 2017 REGISTRATION DOCUMENT 259 2016 (in millions of euros) France Belgium Italy Other countries Group total Actuarial (gain)/loss due to experience 9 0 (3) 1 7 Actuarial (gain)/loss due to demographic assumption changes 26 - (0) 2 28 Actuarial (gain)/loss due to financial assumption changes 79 147 8 0 235 Return on plan assets (greater)/less than discount rate (1) (144) - 0 (145) Changes in actuarial gains and losses 2016 113 4 4 3 124 2017 (in millions of euros) France Belgium Italy Other countries Group total Actuarial (gain)/loss due to experience 6 - 1 2 9 Actuarial (gain)/loss due to demographic assumption changes (6) - (0) 1 (5) Actuarial (gain)/loss due to financial assumption changes (12) (20) (2) 0 (34) Return on plan assets (greater)/less than discount rate (1) (8) - 0 (9) Changes in actuarial gains and losses 2017 (13) (28) (1) 4 (38) Plan assets 10.1.5 (in millions of euros) France Belgium Italy Other countries Group total Fair value at December 31, 2015 70 84 - 6 161 Effect of changes in scope of consolidation - - - - - Return on plan assets 1 4 - 0 5 Benefits paid out of plan assets (20) (12) - (0) (33) Actuarial gain/(loss) 1 144 - (0) 145 Other - 7 - 1 8 Fair value at December 31, 2016 53 227 - 7 286 Effect of changes in scope of consolidation - - - - - Return on plan assets 0 3 - 0 3 Benefits paid out of plan assets (31) (16) - 7 (40) Actuarial gain/(loss) 1 8 - (0) 9 Other (6) 8 - (7) (5) Fair value at December 31, 2017 16 230 - 7 253 Plan assets break down as follows by asset class: December 31, 2017 December 31, 2016 Bonds Equities Monetary investments Real estate and other Bonds Equities Monetary investments Real estate and other France 57% 7% 33% 3% 55% 7% 35% 3% Belgium 36% 9% 55% 0% 39% 10% 51% 0% All bonds and equities held in plan asset portfolios are listed securities.