FINANCIAL STATEMENTS Corporate financial statements as of December 31, 2017 3 Note 3 Notes to the financial statements: balance sheet assets 3.1 Intangible assets and property, plant and equipment 3.1.1 Gross fixed assets Acquisitions, Reductions new by disposals, Gross values businesses and retirement Inter-item Gross values In €k at 12/31/2016 contributions of assets transfers Merger at 12/31/2017 INTANGIBLE ASSETS Set-up costs - - - - - - Other intangible assets 206,220 - - - - 206,220 > Technical loss (goodwill) 184,564 - - - - 184,564 > Other 21,656 - - - - 21,656 Total 206,220 - - - - 206,220 TANGIBLE ASSETS - NET VALUE Land 53,338 - -5,775 - 37,472 85,035 Structures 107,933 - -8,434 -1,465 42,794 140,828 Facades, cladding and roofing 22,883 - -2,782 14 15,304 35,419 General and Technical Installations 39,380 - -5,978 -448 27,233 60,187 Fittings 15,173 - -2,283 4,697 9,814 27,401 Construction and fittings in progress 2,449 3,978 - -2,798 - 3,629 Other property, plant and equipment 52,319 - - - 31,046 83,365 > Goodwill on land 47,800 - - - 28,647 76,447 > Goodwill on structures - - - - 2,399 2,399 > Other 4,519 - - - - 4,519 Total 293,475 3,978 -25,252 - 163,663 435,864 TOTAL GROSS FIXED ASSETS 499,695 3,978 -25,252 - 163,663 642 084 Details of goodwill on land and structures Underlying assets transferred in the merger Transactions Date or transfer of assets and liabilities Gross value Allowances Write-backs Net value Merger Centre Jaude 06/08/2015 Real estate asset (Centre Jaude shopping center) 46,342 46,342 Merger Carré Jaude 2 07/31/2015 Real estate asset (Carré Jaude 2 shopping center) 1,459 1,459 Merger Corio SAS 03/13/2017 Real estate asset (Caen Côte de Nacre shopping center) 27,083 27,083 Merger Corio SAS 03/13/2017 Real estate asset (Saint-Étienne – Centre Deux shopping center) 3,963 3,963 TOTAL 78,847 - - 78,847 The other intangible fixed assets correspond mainly to the unallocated Furthermore, the technical loss from this merger was allocated, part of the technical loss from the merger of Corio NV for a gross book according to the rules indicated in note 2.2.2, in “Other property, plant value of €184.6 million. This technical loss was fully impaired at the and equipment” to the following assets: end of fiscal year 2015. > €27.1 million to real estate asset Caen Côte de Nacre; The change in tangible assets related to merger corresponds to the > €4 million to real estate asset Saint-Étienne – Centre Deux. transfer of assets from CORIO SAS. Now Klépierre SA directly holds the following assets: Decreases through disposals mainly correspond to the disposal of > Orgeval; the Charras building for €24 million and the disposal of a plot of land situated at Vannes for €1.2 million. > Caen Côte de Nacre; The “Construction and fittings in progress” item mainly corresponds > Lot in Saint-Étienne – Centre Deux; to investment expenses linked to the renovation of the Jaude center. > Courbevoie Charras; > Marseille Grand Littoral; > Lots in Metz Saint-Jacques. KLÉPIERRE 2017 REGISTRATION DOCUMENT 141