Parent Company (Tables)

12 Months Ended

Dec. 31, 2017

Statement of Financial Position of Constellium N.V. (parent company only)


*(in millions of Euros)*	At December 31, 2017			At December 31, 2016
Assets

Current assets
Cash and cash equivalents		—			—
Trade receivables and other		53			233
Other financial assets		28			33

		81			266

Non-current assets
Property, plant and equipment		—			—
Financial assets		2,143			1,508
Investments in subsidiaries		131			111

		2,274			1,619

Total Assets		2,355			1,885

Liabilities

Current liabilities
Trade payables and other		6			3
Other financial liabilities		22			35

		28			38

Non-current liabilities
Borrowings		1,957			1,673

		1,957			1,673

Total Liabilities		1,985			1,711

Equity
Share capital		3			2
Share premium		429			171
Accumulated retained earnings		(17	)		(11	)
Other reserves		25			18
Net (loss) for the year		(70	)		(6	)

Total Equity		370			174

Total Equity and Liabilities		2,355			1,885

Statement of Comprehensive Income / (Loss) of Constellium N.V. (parent company only)


*(in millions of Euros)*	Year ended December 31, 2017			Year ended December 31, 2016			Year ended December 31, 2015
Revenue		1			1			—

Gross profit		1			1			—

Selling and administrative expenses		(5	)		(8	)		(7	)

Employee benefit expenses		(1	)		—			—

Loss from recurring operations		(5	)		(7	)		(7	)

Other income		—			—			1
Other expenses		—			—			(3	)

Loss from operations		(5	)		(7	)		(9	)

Financial result—net		(65	)		1			9

Loss before income tax		(70	)		(6	)		—
Income tax		—			—			—

Net loss		(70	)		(6	)		—

Other comprehensive income		—			—			—

Total comprehensive loss		(70	)		(6	)		—

Statement of Cash Flows of Constellium N.V. (parent company only)


*(in millions of Euros)*	Year ended December 31, 2017			Year ended December 31, 2016			Year ended December 31, 2015
Net loss		(70	)		(6	)		—
Adjustments
Finance costs—net		65			(1	)		(9	)
Dividend received		—			—			—
Interest paid		(148	)		(95	)		(61	)
Interest received		149			103			74
Changes in working capital:
Trade receivables and other		(1	)		—			26
Other financial liabilities		—			—			(1	)
Trade payables and other		2			(1	)		(44	)

Net cash flows used in operating activities		(3	)		—			(15	)

Investments in subsidiaries		(11	)		—			—
Current account with subsidiary (for cash pooling)		180			(186	)		17
Loans granted to subsidiary and related parties		(1,640	)		(375	)		—
Repayment of loans granted to subsidiary and related parties		823			181			—
Exit fees received from Subsidiaries		9			—			—

Net cash flows (used in)/ from investing activities		(639	)		(380	)		17

Net proceeds received from issuance of shares		259			—			—
Proceeds from issuance of Senior Notes		1,440			375			—
Payment of deferred financing costs		(29	)		(12	)		(2	)
Repayment of Senior Notes		(949	)		—			—
Payment of exit fees		(61	)		—			—
Realized foreign exchange gains / (losses)		(17	)		17			—
Other		(1	)		—			—

Net cash flows from / (used in) financing activities		642			380			(2	)

Net increase in cash and cash equivalents		—			—			—
Cash and cash equivalents—beginning of period		—			—			—
Effect of exchange rate changes on cash and cash equivalents		—			—			—

Cash and cash equivalents—end of period		—			—			—